Archive for the 'Elite' Category
EMERGENCY EU MEETING: POSSIBILITY OF GREEK DEFAULT
July 12th, 2011Via: Reuters: European Union leaders are poised to hold an emergency summit after finance ministers acknowledged for the first time that some form of Greek default may be needed to cut Athens’ debts and stop contagion to Italy and Spain. “There will be an extra summit this Friday,” a senior euro zone diplomat told Reuters, […]
JP Morgan Uses Field-Programmable Gate Array Supercomputer to Cut Credit Risk Analysis from 8 Hours to 12 Seconds
July 12th, 2011Via: ComputerworldUK: JP Morgan is now able to run risk analysis and price its global credit portfolio in near real-time after implementing application-led, High Performance Computing (HPC) capabilities developed by Maxeler Technologies. The investment bank worked with HPC solutions provider Maxeler Technologies to develop an application-led, HPC system based on Field-Programmable Gate Array (FPGA) technology […]
Large Banks Responsible for Mortgage Disaster Might Be Able to Buy Immunity for $30 Billion
July 11th, 2011*meh* Pocket lint. Hell, why bother spending any money on a settlement? If nobody from Lehman went down—fuggetaboutit. Although, it might be worth it since I doubt anyone actually knows how that fraud soaked debt might metastasize in the future. Via: Huffington Post: State and federal prosecutors are pressing to complete a proposed settlement with […]
Blackwater’s New Director: Bill Clinton’s Lawyer
July 11th, 2011Via: Wired: Blackwater’s rebranding continues at a torrid pace. Danger Room has learned the latest Washington greybeard hired to spruce up the image of the world’s most infamous private security firm is Jack Quinn, a top Washington lobbyist and former White House counsel to President Bill Clinton. Now renamed Xe and owned by an investor […]
EU Calls Emergency Meeting Over Italian Debt
July 10th, 2011Via: Reuters: European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the euro zone debt crisis for Monday morning, reflecting concern that the crisis could spread to Italy, the region’s third largest economy. European Central Bank President Jean-Claude Trichet will attend the meeting along with Jean-Claude Juncker, chairman […]
Nuclear Ginza (1995)
July 8th, 2011Part 1 Part 2 Research Credit: Eileen
Nuclear Industry Views Prevail on Radiation Risks
July 7th, 2011Via: FAIR: U.S. media coverage of the nuclear disaster in Japan contains vanishingly little serious discussion of the human health risks posed by the radiation escaping from the Fukushima nuclear facility. In place of a discussion informed by experts on these risks, journalism largely conveys vague, industry-friendly reassurances, frequently including no sources with expertise on […]
America for Sale: Is Goldman Sachs Buying Your City?
July 7th, 2011In general, big is bad. Centralized is bad. Whether it’s public or private doesn’t matter. Now, when it comes to something like a municipal sewer system, or other infrastructure assets where competition isn’t possible, handing those assets over to private corporations should be considered treason, and the politicians responsible should be arrested. (Don’t hold your […]
Usual Suspects Now Heavily Involved with Commodity Warehousing
July 6th, 2011This is beyond ridiculous. It gives a whole new meaning to front running. “There is no evidence to suggest they share information…” Oh sure. My guess is that this is the primary reason that these firms have gotten involved with commodity warehousing. If the left hand isn’t sharing information with the right hand, with hundreds […]
Use of SSRI Antidepressants During Pregnancy Linked to Higher Risk of Autism
July 6th, 2011Via: Time: In a study involving data on more than 1,800 children — fewer than 300 of whom had an autism spectrum disorder (ASD) — and their mothers, the scientists found that women who were prescribed drugs to treat depression in the year before giving birth were twice as likely to have children with an […]
