Archive for November, 2007

30 Nov

Beowulf (2007) — a brief review

My daughter Salem and I went to see “Beowulf” last night for her 22nd birthday. I sent an e-mail about it to an acquaintance, and he turned around and asked me if this meant that I thought (a) that “Beowulf” was a good movie and (b) that the motion capture technology used works. I spent quite some time crafting a reply and decided to post a slightly revised version here as well.

On point (a), “Beowulf” was a better film than I expected and (IMHO) a decent film on its own merits. The story presented was probably more entertaining and more “traditionally” plotted (in modern terms) for a general, contemporary audience that a pure presentation of Beowulf (kill Grendel, kill his mom, time passes, go off and kill the last dragon, die) would have been (I re-read Seamus Heaney’s translation of Beowulf a month or so ago for a baseline).This may be damning with faint praise, but I will say that it was a better picture than “Troy” (2004) in conveying the epic sense of the self-absorbed but “great” hero and those who surround him.

On the other hand, the script put in the ’seeds of self destruction/sins of the father’ trope not once but twice (for both Hrothgar and for Beowulf) with suggestions of a third, and there were a few times when I thought Beowulf was about to roar “Tonight…we dine…in hell!” While some themes about emerging Christianity were preserved, they were given a slightly irrelevant-to-negative cast (think of “Dragonslayer” (1981), though not quite that blatant or negative). And while I appreciated the ‘purist’ sense of having Beowulf choose to fight Grendel naked and unarmed, the resulting ‘camera’ gymnastics to avoid southern exposure kept introducing a sly winking note to what should have been a tense, horrific scene.

Still, and this really is faint praise, I think “Beowulf” was a much better film than almost all of this summer’s blockbusters (Pirates 3, Spider-Man 3, etc.) — better written, better acted, more thoughtful, more tightly and coherently directed, and just more entertaining. However, I’ll still pick this year’s “Harry Potter” and — for all its knee-jerk anti-Americanism (or, at least, anti-CIAism, which bothers me less, given what an incompetent and politically disloyal organization the CIA appears to be) — “The Bourne Ultimatum” over “Beowulf”, though.

As for (b), the motion capture technology worked far, far better than I expected. There were lots of times when I actually forgot that I was watching animation — the graphics really were that good, especially on facial close-ups. At other times that I just didn’t care, and there were yet other times when I was very clear that I was watching animation because it was showing me things that were incredible, fascinating, impossible and/or breath-taking. Interestingly, the last cases were probably less jarring than when the same thing happens in live-action films, since I didn’t immediately start wondering, “How did they do that?” — if you will, the animation looks less “fake”, or at least does less to break the suspension of disbelief and pull me out of the film, than live-action special effects would. Of course, there were some other times (fortunately relatively few and brief) when I felt I was watching a very high end version of “Shrek” — mostly when there were horses galloping or large groups of men running around.

In short, I’m glad I went to see “Beowulf”, and I don’t wish for either my money or those two hours back — and nowadays, that’s about the best I can hope for in going to see a film. Your mileage may vary. ..bruce w..

29 Nov

E-Trade Rescue Package - 30 Cents On The Dollar?

e-trade-logo-sm.gif
Word today from MarketWatch that the CEO of E-Trade is hitting the bricks as part of a $2.55 Billion deal with Citadel to pump enough money into the online broker to keep it running in face of losses connected to their Asset Backed Securities (ABS):

NEW YORK (MarketWatch) — The subprime crisis claimed a new scalp Thursday, as E-Trade’s CEO Mitch Caplan said he was stepping down as part of a deal that has private equity firm Citadel injecting $2.55 billion into the troubled firm.

Under the deal, Citdel will end up with about a 20% stake in E-Trade after acquiring its $3 billion asset backed securities portfolio for $800 million and making other investments.

“The way we look at it is, it is a package deal; we got cash, and in turn for that, Citadel took the asset backed problem from us,” he said. “Citadel is in a position to hold those securities. This was a great transaction for them, because it’s what they do, it was a good deal for us because it’s not what we do.”

He said the firm had several options for the asset-backed portfolio, but determined taking a loss on disposal was the best, because it couldn’t afford to hold them on the balance sheet and take quarterly write-downs indefinitely.

Trying to sell them off over time also was not a pleasant option, Lilien said. “I would say absolutely this is a good thing to do. Having that on our balance sheet was too much of a burden. It was bad for customer confidence beginning to hurt us.

Anyone else floored by how far this stuff is dropping now? An asset package that was valued at $3 Billion for $800 Million?

E-Trade is coming clean because they don’t have the deep pockets to live in denial for a long time, like some of the larger financial houses do. But what should terrify the big boys is that this now provides yet another data point on how much lower they should be marking their own securities.

It might come to pass that the firms that took their lumps early are the ones that come out the best in the end, rather than trying to play chicken with the market, maintaining dreams that tomorrow it will suddenly be the rosy go-go days of 2005 again.

Previous remarks on E-Trade here….

28 Nov

Vodkapundit takes on the YouTube Debate

Stephen Green (a fellow Coloradan) over at VodkaPundit has been putting together his own video questions for tonight’s GOP/YouTube debate. They’re being posted over at PajamasMedia. My favorite so far:

Would love to have seen some of these actually used in the debate. ..bruce..

28 Nov

Do-it-yourself speed bumps

Having lived in and around Washington DC for several years, I’m not a big fan of speed bumps, but…this is great:

Hat tip to American Digest (one of the best-written blogs on the web). ..bruce..

28 Nov

Bertrand Serlet - Headed Out Of Apple

An interesting post from the Secret Diary of Steve Jobs:

Bertrand Serlet recalled to his home planet

Well it’s a sad day for all of us here in Cupertino. Bertrand Serlet, the friendly cyborg from the future who has lived among us and helped guide our software development efforts with such skill, has been recalled back to his home planet. We’ll have a little announcement at town hall this Friday with a cake and ice cream. Bertrand has been instrumental in guiding our OS X development and now that Leopard is out the door Bertrand (real name: Belar) felt this was a good time to heed the call of his people on Gallifrey One, who need him to help fight off some invaders in the future or something.

While the fake Steve Jobs does his usual brilliant job of posting, I wanted to comment on Bertrand Serlet. First off, Bertrand came to Apple when NeXT staged a reverse take over of Apple back in the mid 90s. I had the pleasure of working with Bertrand during my time at NeXT, and I can tell you that he is one of the nicest people you could ever meet. A personable fellow with an easy style, and an amusing accent, he has a sharp sense of humor that often can be subtle and working on multiple levels at the same time.

At NeXT he was responsible for leading up some of the most innovative software that would later go on to form the foundation for OS X at Apple. In recent years he has been in charge of the whole OS over at Apple, so we have him to thank for creating the environment that us Mac users love and enjoy (and that I am using now to post to you).

A huge salute to Bertrand - best of luck wherever you are headed next, I am sure it is going to be very cool.

Update - A video on YouTube showing you some of Bertrand being his wonderful wacky self. Seriously, if anyone out there is making a movie and wants a French mad scientist / inventor, you would be well advised to pattern him on Bertrand.