Archive for the 'Elite' Category
Lehman Channeled Risks Through Cutout
April 13th, 2010Some of this, the MO in particular, will seem very familiar to long time Cryptogon readers… Via: New York Times: It was like a hidden passage on Wall Street, a secret channel that enabled billions of dollars to flow through Lehman Brothers, Louise Story and Eric Dash write in The New York Times. In the […]
The Cove
April 12th, 2010I just saw The Cove. It’s worth a look on several levels. On the DVD, the “extra features” are really good too—must see for anyone who eats larger, predatory fish. Hint: You’re poisoning yourself.
Newstralia?
April 11th, 2010You laugh, but: Common Border for Australia and New Zealand. Via: BBC: That subject turns out to be the suicide of New Zealand. No not suicide in New Zealand but a proposal to cash in the country’s independence and become instead, the seventh state of the Australian commonwealth. An opinion poll has suggested that no […]
Occupied Washington DC
April 11th, 2010Via: After Downing Street: As a visitor to our nation’s capital, I cannot tell you how disconcerting it is to step off the metro and find yourself face to face with a F-35 fighter jet. Where you would normally expect to find ads for cell phones or museum exhibitions, Washington’s subway, the second busiest in […]
Major U.S. Banks Masked Risk Levels
April 9th, 2010Via: Reuters: Major U.S. banks temporarily lowered their debt levels just before reporting in the past five quarters, making it appear their balance sheets were less risky, the Wall Street Journal said, citing data from the Federal Reserve Bank of New York. The paper said on Friday 18 banks, including Goldman Sachs Group, Morgan Stanley, […]
Federal Reserve Chairman Ben Bernanke Sounds a Warning on Growing Deficit
April 8th, 2010*chortle* For a translation of the slop below, see: America’s Impending Master Class Dictatorship. Via: Washington Post: Federal Reserve Chairman Ben S. Bernanke warned Wednesday that Americans may have to accept higher taxes or changes in cherished entitlements such as Medicare and Social Security if the nation is to avoid staggering budget deficits that threaten […]
FDA Suppressed Imaging Safety Concerns
April 7th, 2010Via: AP: A former Food and Drug Administration scientist said Tuesday his job was eliminated after he raised concerns about the risks of radiation exposure from high-grade medical scanning. Dr. Julian Nicholas told an audience of imaging specialists that he and other FDA staffers “were pressured to change their scientific opinion,” by managers in the […]
The Secret History of Silicon Valley
April 6th, 2010Via: Google Tech Talks / YouTube:
No Criminal Charges Likely in AIG Collapse
April 6th, 2010Don’t crack the seal on the AIG mess. Oh no. The smell alone would be too much to handle. Via: CBS News: CBS NEWS has learned that former AIG executive Joseph Cassano – the prime focus of the investigation into its collapse – will meet with Department of Justice attorneys next week in what will […]
Geithner Delays Chinese Currency Report
April 4th, 2010Via: Bloomberg: U.S. Treasury Secretary Timothy F. Geithner delayed a scheduled April 15 report to Congress on exchange-rate policies, sidestepping a decision on whether to accuse China of manipulating the value of the yuan. Geithner in a statement urged China to move toward a more flexible currency and said a series of meetings over the […]
