Sunday, January 20, 2008

Ten Things About Cormac McCarthy

The London Times has a profile of Cormac McCarthy which lists ten things you may (probably) don't know about 'America's greatest living writer'.

Link

Saturday, January 19, 2008

Is A Long Way Gone Just A Thousand Little Pieces?

An investigation into some of the key facts underlying Ishmael Beah's autobiography A Long Way Gone suggests that his experiences in war torn Sierra Leone may not have happened the way they are described in the book. Among the assertions that The Weekend Australia raises are that Beah was two years older when he went to war than he states in the book (15 versus 13) and instead of being in the army for 2 years it may have been only 2-3mths. There are other factual details that on investigation by The Weekend Australian tend to undercut critical and important facets of Beah's story.

Thus far, there has been no response from Farrar, Straus and Giroux the US publisher and I hope there is some reasonable explanation for the identified problems in this book. Beah has gone on to become a United Nations advocate for children affected by war as well as a frequent spokes person in support of his book. This is important work and it would be horrible if this work were impacted. The Australian is an important news organization in Australia so they will not have taken this story lightly.

The disparities in Beah's account came about through some very elemental research by someone who had just read the book and then found themselves working in Sierra Leone. It doesn't appear that it took too much effort to find these errors. It remains to be seen if this escalates into a Frey type melt down or the record is corrected in some minor inconsequential way.

More from The Australian: Here

Monday Update: Here

Friday, January 18, 2008

Quebecor Update

A report in the Canadian Financial Post suggests Quebecor's stock may be delisted if the company isn't able to comply with listing requirements that have been specified in a 'terse' letter to the company. Truthfully, this could be the least of their problems since the article believes that existing investors in Quebecor are unlikely to accept the recently announced rescue plan. The existing debtors may be unwilling to allow the company to collapse and will seek to negotiate a better deal for themselves - at least given the circumstances.

Failing the Test

Pauline Vu of Stateline.org takes a look at the impact and variation in federally mandated testing programs (Article). This is an interesting report for anyone involved in education and specifically testing as she documents how different are the approaches to testing undertaken by different states. Perhaps no news to education publishers, but she notes that the testing market has grown from $400mm to over $1.1bill in the years since the passage of no child left behind (2001). It follows then that the largest publishers have invested heavily in this segment and that the business is dominated by the top five education publishers. From her article:

Much of the work is done by five giants: CTB/McGraw-Hill, Educational Testing Service, Harcourt Assessment, Pearson Educational Measurement and Riverside Publishing. Together, the companies own about 90 percent of the state-testing business, which has become a $1.1 billion industry since passage of the federal No child Left Behind Act in 2001. The law, which took effect in January 2002, requires states to give annual reading and math tests to third- through eighth-graders, and to test students in those subjects once again in high school
The absence of both Federal guidelines and consistency from state to state has also created significant disparity in testing approaches and effectiveness. This coupled with a tendency to manipulate the test outcomes - thereby making the educators look more effective - has some worried that the objectives in the testing program are compromised.
“States are not putting any more resources into the testing infrastructure, and as a result, we are getting testing on the cheap, and that is working against No Child Left Behind’s efforts to produce high-quality assessments that promote higher standards,” said Thomas Toch, the co-director of Education Sector, a nonpartisan think tank. “If we’re going to make tests the driver of quality in public education, then we need to invest to ensure that we get tests that are up to that task.”
There is little doubt that the testing business will continue to grow. In the absence of 'no child left behind' teachers and administrators have now 'drunk the cool aid' and understand that they can use testing to their own advantage. Ironically, without uniform objectives, practices and policies it is the students who will be left disadvantaged. There is much more in the article.

One Man's Trash...

I admit it, I have been known to pick up a discarded book from the sidewalk on occasion. The Times this morning tells us how books have become the new 'recyclables' for some of the city's homeless and down and outs. No suggestion that these budding entrepreneurs are reading the books they collect from rubbish and recycling, but they do trot down to The Strand and cash them in. Sometimes they get lucky, and relationships count in this game: One resourceful chap received $600 for a set of leather bound books.

Courier Struggles

Courier corporation was the latest printer to forecast lower results. In a statement yesterday, the company said its first quarter profit declined on slow textbook orders and low Creative Homeowner book sales. The company lowered its fiscal year 2008 outlook and as a result the stock price was hammered (but then so were a lot of them). The company reported first quarter net income of $1.4mm versus $4.0mm in the same period last year.

From the press release:
"We were hit by simultaneous challenges on both sides of our business this quarter," said Courier Chairman and Chief Executive Officer James F. Conway III. "In book manufacturing, despite all indications pointing to another full year of strong sales in education, textbook reprint orders were unexpectedly slow this fall, sharply reducing the segment's capacity utilization and profitability even as we continued to gain share. Normally, publishers order textbook reprints during the fall to spread manufacturing workloads throughout the year, but this year a variety of industry factors significantly reduced that order flow. In publishing, Creative Homeowner sales continued to be held back by reduced consumer traffic at home improvement centers, its most important sales channel.

The stock is trading at $26.01 which is a 52week low.

Thursday, January 17, 2008

George Wins Lottery

I once went to a George Michael concert. It really wasn't my fault. The seats were free and Mrs PND really wanted to go. It was horrible. In fact, it was so bad I can still recall it vividly even though this was 1990.

Despite me, George went on to build a huge solo career and release popular albums during the 1990s. He hasn't done much recently unless you count arrests for recreational drug use, driving while intoxicated and performance of lewd acts in public. Some might say he was better at those than singing. Certainly more consistent. George was in the last episode of Extra's where he basically owned up to all of those 'errors of judgement' in a very hilarious way. Well done George.

Yesterday his autobiography became another in a long list of expensively purchased celebrity blather. I am sure everyone is all a twitter about whether George is going to name names and that can really be the only reason why any publisher would consider this a potential commercial success. According to Harpercollins, George is one of the most popular pop figures in the world and has an 'extraordinary story' to tell. They forgot to add the bit about 'humble upbringings' and his 'life of adversity'. HC has paid 'millions' and the deal is 'one of the biggest ever concluded in British publishing'

Will the book soar into the stratosphere or plummet like a stone. One thing is certain, I did my part back in 1990 and the book is not getting into the PND household. What more could he have to say that we don't already know?

Press Association