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Fridays From the Frontline

Welcome back to Fridays From the Frontline, where we at Clear Admit publish some choice stories floating around the business school blogosphere.  Decisions, reflections and plans are all being made this week as bloggers take the next steps towards their summers.

The Senator is committing to Tuck and wearing something green forever; he’s also outed his true identity.  Though blubbering on the phone, The Applicationist was ultimately accepted to Chicago Booth and now faces a huge decision.  MRI posted her reflections on the GMAT as well as some resources for soon-to-be test-takers.  Sanket has celebrated the kickoff of the application season and begun dusting off his résumé.  Meanwhile, Cheetarah explored the age-old business school question of rank versus money and landed on an individual’s preferences as the deciding factor.

This week, two more Fridays from the Frontline bloggers reviewed the free Clear Admit School SnapshotsMBA Dilemma reviewed Clear Admit’s School Snapshot for INSEAD and said the “no-nonsense” guide would have saved hours during school screening.  Tepper ’13 Julianne also found that the Tepper School Snapshot is a great timesaver for applicants and puts the most relevant information in one place.

Oxford ’12 Bayo celebrated Oxford’s victory over Cambridge in the contest for the year’s athletic bragging rights and thanked all that voted in the Clear Admit 2012 Best of Blogging Competition.  Johnson ’13 Ellipser did not do enough bowling in his first year at business school.

Want to join the Fridays From the Frontline community and see your blog featured regularly in this column? Just copy and paste the code found here to your blog and then email us at bob@clearadmit.com with your URL so we can make sure to add you to our weekly roundups.

 

 

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Donna Summer: 9/11 Gave Me Cancer

Donna Summer was convinced — inhaling toxic air after 9/11 gave her the lung cancer that eventually killed her … TMZ has learned.Sources close to the singer tell TMZ what we were hearing this morning — that Donna was in New York City during…

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‘Fifty Shades of Grey’ — Linked to Vagina Ball Explosion

The sultry bestseller “Fifty Shades of Grey” is causing a boom in the sex toy market — in fact, a company that specializes in vaginal exercise balls says it’s sold a record number of hoo-ha doodads in the last month … all thanks to the book.A rep…

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Mitt Romney Releases First General Election Ad

WASHINGTON — Mitt Romney’s presidential campaign has released a new television ad outlining steps Romney would take on the first day of his presidency.

It’s the campaign’s first TV ad since the former Massachusetts governor became the presumptive Republican nominee. The ad released Friday is titled “Day One.”

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The Best Of Stephen Colbert’s War For Women (VIDEO)

The so-called “War On Women” has been elevated to the forefront of national discourse after continuing disputes over stay-at-home moms, birth control and abortion. Stephen Colbert is, of course, right in the thick of it, but as he says, “This ugly ‘War On Women’ has morphed into a beautiful ‘War For Women.’”

Check out our nine favorite clips from Colbert’s ‘War For Women,’ including his take on equal pay laws, Ann Romney and Rush Limbaugh. Don’t forget to vote for your favorite segment!

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5 New Reasons To Buy Annaly Now

By Vatalyst:

Annaly (NLY) is the largest publicly-traded mortgage REIT in the United States, and one of my all-time favorites. This is not without good reason, especially now that it has announced the public offering of its Convertible Senior Notes and Series C Cumulative Redeemable preferred stock. This is against the backdrop of a recovering economy (I am not reading too much into recent downward housing starts release, as I believe the downfall is going to be short-lived).

Annaly is one of my favorite REITs for two big reasons. One, Annaly trades in government-sponsored real estate mortgages that are not just low risk, but also guaranteed. We’re talking about the likes of Fannie Mae and Freddie Mac here, unlike some dubious hedge fund or investment company. These are bought from the three government agencies that securitize groups of mortgages: Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNM), and Federal Home

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The Annaly Bashing Continues

By Regarded Solutions:

First let me state emphatically that I have tremendous respect for my fellow authors here on Seeking Alpha. They are among the finest research writers that I have ever read, and I have learned an amazing amount from so many of them. That being said, there are way too many articles written about Annaly (NLY) and their impending failure.

One article on SA points to Mike Farrell’s health issue, and as a cancer survivor myself, I was appalled at that statement within an article. Should everyone just stop reading my articles here because I had cancer? Really remarkable and sad.

The article states:

Annaly’s competitors have outperformed the mREIT. The reason is due to the Annaly size, Annaly’s decision to keep leverage low, and Mr. Ferrill’s cancer situation..

Not only would I say that this a completely incorrect statement, just for the fact that size does not mean failure, nor

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The Myth of "Idle Leases" for Oil on Federal Land

100 oil leases might produce 1 profitable discovery.
What sense would it make for profit-maximizing oil companies like Exxon Mobil to pay the federal government millions of dollars every year for offshore and onshore oil leases on federal land, and then leave those thousands or millions of acres idle? Especially today when oil prices are close to all-time historical inflation-adjusted highs? If you said “No sense at all,” you can go the head of the class, as Professor Walter E. Williams would say. And yet that is exactly what Team Obama is saying:

WASHINGTON – “The White House pushed back against the oil and gas industry’s claims that the Obama administration is blocking domestic energy development, releasing a new analysis showing that 46 million acres of federal lands and waters leased for drilling are sitting idle.

“We continue to make millions of acres … available for safe and responsible domestic energy production on public lands and in federal waters,” said Interior Secretary Ken Salazar in a statement. “We also want companies to develop the tens of millions of acres they’ve already leased but have left sitting idle.”

According to the Department of Interior report, oil and gas companies are actively drilling or have launched development on less than a third of the 36 million acres they have leased offshore, and on just over half of their onshore leases. That includes leases where the companies have not yet filed exploration and development plans with the federal government, and ones where companies have received drilling permits but haven’t launched the work. According to the report, the government has issued about 7,000 permits for exploration not yet under way on federal and Indian lands.”

Here’s how API President and CEO Jack Gerard responded this week:

“If you look at their [the Administration's] characterization of idle leases, normally they include in that leases where we’re trying to get permits, we’re trying to get permission to develop this land. For example, there was a permit approved just last week in Utah, which Secretary Salazar took great credit for. We’ve been waiting for four and a half years for that approval. In the administration’s previous analysis they would have concluded that was an idle lease, while we’re waiting for Uncle Sam to give us permission to produce these resources, to identify resources on public lands. … The industry last year alone invested $200 billion in the United States, so we’re hardly sitting on anything.”

As Mark Green explains on the Energy Tomorrow blog:
“It’s important to remember that a lease isn’t a guarantee that an area will contain any oil or natural gas. Most of them don’t have enough oil or gas in quantities sufficient to produce or in formations that are accessible. The graphic above that puts the search for resources in context [MP: An oil company might pay for 100 leases, but that typically only leads to one actual profitable discovery].  

The administration has defined as “idle” leases that aren’t idle at all. They might not be producing for a number of reasons: because of ongoing seismic work, because government permits haven’t been issued, because the rigs and supporting resources are being put in place so drilling can begin – or because drilling is occurring. It’s just misleading to say a company is sitting on a lease when it is waiting for a government-issued permit to start drilling.”

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Raccoon Sex Tape Is Sad Barometer of Good Taste

Shaun Pendergast was working away at his Portland apartment when he heard a strange noise. He walked to the window and saw two raccoons expressing their love for each other on his roof.



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A Hands-On Look at the Etcher

I’ve actually gotten to play with the Etcher myself: Krupnik sent me an earlier prototype (ugly, but functional) when he found out I’m an Etch-a-Sketch artist, and I wanted a first-hand impression of how the thing actually works. Because really, as one of my fellow GeekDads asked, why would you pay $45 to turn your $500 tablet into a $15 toy? Read on, and I’ll tell you.



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