Category Archives: Photography

1929 Redux

Photography

“Those who deny history are doomed to repeat it”. Santayana

In 1907, the crash immediately preceding the one prior to the 1929 Depression, John Pierpont Morgan is credited with personally saving the financial system when he led a band of capitalists in infusing private capital into a doddering stock market. The loans were repaid and America went about its business in due course. Since then, various US governments have repeated his actions but, sadly, using your money and mine to bail out crooks both on Wall and Main Streets.

So after yesterday’s greatest ever one day percentage decline in the Dow index, it seems only appropriate to recall how Wall Street (or, more correctly, Broad Street) looked back then.


A magnificent picture of the limits of greed. Photographer unknown.

The building at left – 23 Wall Street – served as J. P.Morgan’s headquarters until the 1990s when it was sold and converted to residential housing. It’s at the corner of Broad (where you can see the Stock Exchange) and Wall (not visible, Wall is behind you). Morgan purposely limited its height to two stories as the ultimate statement of WASP wealth and power.

I was lucky that the Morgan Bank was my client in the 1981-1983 period but less lucky with my assigned seating in the Board Room, which has to have had one of the longest tables ever made. For some reason the usher always insisted on seating me right opposite the glowering, mutton chopped oil of JP himself, staring down on me from Protean heights. To this day all I can remember of those tedious and boring meetings is Morgan’s censorious glare. We could use him today.

If you continue west a few yards on Wall Street you come to Trinity Church, burial place of America’s first and greatest Treasury Secretary, Alexander Hamilton. I used to visit it often. Each time I would pass the shoeshine boy outside the Church and was always reminded of the (perhaps apochryphal) tale attributed to financier Bernard Baruch who, upon receiving a stock tip from the boy in early 1929, promptly went out and sold all his shares. He survived the Depression and prospered mightily. When asked his secret, Baruch honestly responded “I made my money by selling too soon”.

In January 2008 I followed Baruch’s advice.

Schadenfreude? No. Santayana. “Those who deny history are doomed to repeat it”.

Strange that many years later I would end up working for America’s other great Treasury Secretary, Bill Simon, but that’s a story for another time.

Grain is dead

Canon 5D

From the Canon 5D Mark II.

Vince LaForet’s work with the new Canon 5D Mark II at 1600 and 3200 ISO confirms that, for all practical purposes, grain is dead.

Click the picture for large JPGs at high ISO speeds from the new Canon body. In many you will see color fringing near the corners suggesting Canon has some way to go to better Leica in its optics, albeit even L lenses are mostly chump change compared to those from Germany. The fringing (correctable in post processing in Lightroom or Aperture) is especially noticeable in the snaps taken with the 45mm TS-E and the 15mm Fisheye (which I own and love). High time Canon started adding in-camera processing to fix this sort of thing. Obviously, the body ‘knows’ which lens is mounted and it’s not like Canon is ignorant of the aberration patterns in their optics. Adding a lens ‘map’ for each lens doesn’t sound like nuclear physics.

What you will not see is grain.

It would seem that the resolving power of Canon’s latest sensor significantly exceeds that of many of its lenses. I would suggest that use of any of the consumer zooms on this body is a complete waste of time – the proverbial Coke bottle lens on a Hasselblad. The cheaper non-L primes are fine (I love the fisheye, the 50/1.4 and the 85/1.8) but ‘kit’ lenses are a no-no. Garbage in, garbage out.

So, if you want grain, you are going to have to add it at the processing stage!

Signs of intelligence at Leica

Cameras, Leica

A medium format DSLR.

With all the money wasted in making the underwhelming Leica M8, a dated and obsolete 35mm format SLR and the silly rebadging of Panasonic point-and-shoots, you would think it was all over at Leica. With its modest resources the company is foolishly trying to compete against the vast capital of Canon, Sony, Nikon, Pentax, etc. all of whom make cameras far superior to anything from Leica at a fraction of the price.

Well, finally, Leica has taken a leaf out of Apple’s book and is Thinking Different.

The Leica S2. A 30 x 45mm 38 megapixel sensor and a new range of lenses.

Clearly a premium product which should appeal to many professionals, this camera would seem to compete directly with the Hasselblad H range of digital cameras and, I would guess, would be priced similarly, meaning $30,000+ for the body alone. The DSLR format (much like the Pentax 6×7 in concept, but digital) makes for a far easier to use camera than the more tripod oriented Hasselblads and the lens range promised is impressive.

The sensor is made by Fujitsu, and unknown quantity, so it will be interesting to see how it performs. Much of the design work seems to have been done by Phase One, an established presence in larger format digital cameras. That’s encouraging.

Of special note is the fact that all the lenses will have leaf shutters which are ideal for flash sync, as they will properly expose the whole frame with flash at any shutter speed. Of course, the inclusion of a shutter in each lens makes the lenses costlier and Leica lenses are already very expensive, thanks to an overpaid, lazy, unionized German workforce. In fairness to Leica, the many Leica lenses I have used over the years have, without exception (OK, the 1930s 50mm f/2 Summar was a real dog above f/4) been superior to just about anything out there. The Apo-Macro Summarit f/2.5 120mm (equivalent to 85mm on a full frame camera) looks especially mouthwatering. And, joy of joys, Leica has finally discovered autofocus, some 20 years after Japanese SLR makers added this great technology to their interchangeable lenses. I would guess the lenses will retail well north of $5,000 each though who knows what the dollar price will be once the kindergarten known as the US Congress gets through with destroying our currency.

Promised for the summer of 2009, if the company survives that long, you can read more at Leica’s poorly designed, lugubrious web site – if you have the patience to get through all the mindless and time wasting flash videos.

If the camera ever gets into volume manufacture, it could fairty be said that this is truly the first innovative camera design from Leica since the M3, which I used for some 30 years. That game changer first sold in 1954 ….

Vince LaForet on the Canon 5D Mark II

Canon 5D

A real user – that I trust.

I haven written before of the exceptional commercial photography of Vince LaForet.

Click the picture to see LaForet’s first impressions of the still and movie modes of the 5D Mark II.

When a great commercial photographer extols the image quality of a camera, (“The 5D MKII camera produces the best stills in low light that I’ve ever seen – what you can see with you eye in the worst light (such as sodium-vapor street lights at 3 a.m. in Brooklyn) – this camera can capture it with ease.“) I tend to be somewhere between belief and skepticism. Is the writer conflicted? Does the manufacturer pay him with free gear or hard or soft dollars?

In LaForet’s case I trend to the belief end of the scale. He has too much great work out there to risk his reputation.

The intriguing thing about his blog entry is that he seems most enthused with the movie mode of the new camera. Who would have thought it? If he is right, then it is indeed a game changer – 1080p HD video from a DSLR! I don’t make movies (though the genre fascinates me) and don’t need the awesome low light capability, but for many these facets of the new body may put them on the upgrade path.

Immersive media

Panoramas

A step up from QTVR.

I have written a lot in this journal about my discovery and adoption of QTVR 360 degree virtual reality photography using Quicktime and a special camera mount. If you would like to see some of the results of my efforts, please click here.

Now all of that is old hat!


Immersive Media’s Dodeca 360 camera

How about a 360 degree movie version? Click here for a demonstration. The camera, by Immersive Media has no fewer than eleven lenses and can be worn on the head, for those seeking to emulate the man from Mars. It seems pretty light.

Now where’s my check book?