Archive for the 'Elite' Category
Fuld’s Perjury
April 30th, 2010Via: Reuters: Dick Fuld said under oath that he was paid less than $310 million from 2000 through 2007, and that he held, rather than sold, the “vast majority” of his shares, if not all of them. But it’s becoming increasingly clear that he was lying. The latest bombshells come from former Lehman lawyer Oliver […]
Goldman May Face Justice Department Review
April 30th, 2010Mmm hmm. See: “Lehman Was the Leading Purveyor of Liar’s Loans in the World” — Incidents of Fraud at 90% — “Lehman Sold This to the World” How many criminal cases have been brought in that situation? None. Via: Washington Post: The Securities and Exchange Commission has referred its investigation of Goldman Sachs to the […]
Guatemala: Unearthing a Massacre
April 29th, 2010Via: Global Post: Archeologists this month meticulously unearthed the brittle, bare bones of what are thought to be at least 162 men, women and children killed by the Guatemalan army in 1982. Stoic old folks watched intently for signs of brothers and sisters; kids asked about the heaps of femurs and broken craniums. There were […]
Goldman Set to Settle SEC Fraud Case Soon
April 29th, 2010Maybe they’ll pass the hat around and collect some pocket lint before heading out for martinis. Via: Reuters: Goldman Sachs may soon settle its fraud case with the U.S. regulator, the New York Post reported on Thursday, opting to end a legal fight rather than endure a repeat of the public flogging it received this […]
The Next Empire: China in Africa
April 28th, 2010Via: The Atlantic: Africans’ attitudes toward China’s recent initiatives on their continent are perhaps inevitably riddled with ambivalence. Many African intellectuals bridle at Western criticism of China’s African full-court press. The West, they say, has long patronized their continent, and since the end of the Cold War, has subjected it to outright neglect. And all […]
Blankfein Supports Financial Reform Legislation
April 28th, 2010In Fiat Currency Hell, endless financial complexity allows for swindling at heretofore unthinkable levels. This may sound counterintuitive, but the purpose of expanding the regulatory machinery is to facilitate even vaster amounts of fraud. This is what happens when big organizations fail, but aren’t allowed to die. A small number of people makes off with […]
Goldman Sachs Sausage Mill: “Boy, That Timberwolf Was One Shitty Deal”
April 28th, 2010Professor Tim Bell: Computer Science Unplugged
April 27th, 2010Tim Bell, a University of Canterbury Professor of Computer Science, developed a series of materials for teaching computer science concepts to children, “Through engaging games and puzzles that use cards, string, crayons and lots of running around.” He calls the curriculum Computer Science Unplugged. He spoke about Computer Science Unplugged on Radio New Zealand’s Nine […]
AIG Will Be Paying for Legal Defense of Goldman Sachs’ Top Executives; They Have Insurance Underwritten by AIG
April 25th, 2010Unless the AIG imbroglio is untangled, the rest of this is nonsense. —Elliot Spitzer: “There are no coincidences in this world. None.” Who bailed out AIG? The U.S. Taxpayer. So, who’s actually going to pick up the tabs to both prosecute and defend Blankfein and the gang? The U.S. Taxpayer. I don’t understand the significance […]
New Telescope Called “Lucifer” Built Next to Vatican Observatory
April 25th, 2010Via: Popular Science: A new instrument with an evil-sounding name is helping scientists see how stars are born. Lucifer, which stands for (deep breath) “Large Binocular Telescope Near-infrared Utility with Camera and Integral Field Unit for Extragalactic Research,” is a chilled instrument attached to a telescope in Arizona. And yes, it’s named for the Devil, […]
