Archive for July, 2013

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Equifax Must Pay $18.6 Million After Failing to Fix Oregon Woman’s Credit Report

July 29th, 2013

Via: The Oregonian: A jury Friday awarded an Oregon woman $18.6 million after she spent two years unsuccessfully trying to get Equifax Information Services to fix major mistakes on her credit report. The judgement, likely to be appealed, appears to be one of the largest awarded to a consumer in a case against one of […]

Billionaire Steven Cohen Throws a Party Despite Indictment

July 29th, 2013

Via: Reuters: Hedge fund billionaire Steven A. Cohen did not let the filing of criminal charges against his $14 billion SAC Capital Advisors get in the way of a party this weekend at his vacation estate in tony East Hampton, New York. The Saturday night party at Cohen’s 10-bedroom home on Further Lane took place […]

Bank of Cyprus Depositors Lose 47.5% of Savings Over 100,000 Euros

July 29th, 2013

Via: AP: Depositors at bailed-out Cyprus’ largest bank will lose 47.5 percent of their savings exceeding 100,000 euros ($132,000), the government said Monday. The figure comes four months after Cyprus agreed on a 23 billion-euro ($30.5 billion) rescue package with its euro partners and the International Monetary Fund. In exchange for a 10 billion euro […]

Recovery: 4 Out of 5 U.S. Adults Struggle with Joblessness, Near-Poverty or Reliance on Welfare

July 28th, 2013

Can I get some green shoots with that? Via: AP: Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream. Survey data exclusive to The Associated Press points to an increasingly globalized U.S. […]

Halliburton to Plead Guilty to Destroying Gulf of Mexico Oil Spill Evidence

July 28th, 2013

You’ll think it’s comedy hour on Cryptogon this morning when you get to the part about the penalty. Via: BBC: US company Halliburton will plead guilty to destroying evidence relating to the 2010 Gulf Of Mexico oil spill. The plea agreement, which is subject to court approval, means Halliburton will have to pay the maximum […]

The Great Chinese British Firewall: Censorship Extends Beyond Pornography

July 28th, 2013

If this was forced on me, here’s what I’d do (short of leaving the country): Manually whitelist a VPN provider in a more free country and then run everything through that connection. I’m sure I’ll hear pretty quickly if cryptogon.com is blocked by default once this thing is up. Via: IBT: U.K. Prime Minister David […]

Spills at Alberta Oil Sands Operation

July 28th, 2013

Via: The Star: Oil spills at a major oil sands operation in Alberta have been ongoing for at least six weeks and have cast doubts on the safety of underground extraction methods, according to documents obtained by the Star and a government scientist who has been on site. Canadian Natural Resources Ltd. has been unable […]

FBI Using Drones for Warrantless Surveillance Inside U.S.

July 28th, 2013

Via: The Verge: Earlier this year, the US Federal Bureau of Investigation (FBI) publicly revealed for the first time in a hearing that it has been using drones to conduct surveillance operations inside the country, a striking admission, given that domestic drone is a subject of intense debate and there’s still not a clear set […]

Egypt: Army Fires on Morsi Protestors, Many Dozens Dead

July 27th, 2013

Via: Independent: Egypt’s troubled transition reached a new nadir of bloodletting today when at least 70 supporters of toppled President Mohamed Morsi were gunned down during a sustained attack by the security services – three weeks after the army committed a similar massacre in nearly exactly the same spot. Doctors at the scene said they […]

Off Topic: Assuming Access to Data Feeds for Dozens of Futures Contracts, Can You Think of a Way to Build a Sort of Half Ass NYSE Tick?

July 27th, 2013

Warning: This is not a recommendation to buy, sell or hold any financial instrument. I had a free month of market data from IQfeed, and I found NYSE Tick (JTNT.Z on IQfeed, $TICK on TradeStation) to be pretty interesting. Displayed as a histogram, I was using it gauge extremes. Additionally, summing the (h+l+c)/3 and displaying […]

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