Archive for the 'Economy' Category
How Hollywood Helped Hitler
August 1st, 2013Via: Hollywood Reporter: Beginning with wholesale changes made to Universal’s 1930 release All Quiet on the Western Front, Hollywood regularly ran scripts and finished movies by German officials for approval. When they objected to scenes or dialogue they thought made Germany look bad, criticized the Nazis or dwelled on the mistreatment of Jews, the studios […]
Former Israeli Intelligence Operatives Now Working For Hedge Funds
July 31st, 2013Via: Forbes: A company staffed with former operatives of Israel’s top intelligence agencies and founded with the help of the former head of the Mossad is being used by hedge funds looking for an edge in the financial markets. Kela Israeli Intelligence has increasingly become a popular service on Wall Street. The firm employs about […]
German Activists Claim They Were Targeted Because of Work Against Monsanto
July 31st, 2013I posted this a couple of weeks ago on cryptogon.net, but I didn’t post it here because I was waiting to find a better English translation from the original German language piece that appeared in Süddeutsche Zeitung. There are many Germans reading Cryptogon, so I’m sure I’ll hear from someone if there are any substantial […]
First Open Source Airplane Could Cost Just $15,000
July 30th, 2013Via: Wired: There’s an open source airplane being developed in Canada, and now its designers are looking to double down on the digital trends, turning to crowdsourced funding to finish the project. The goal of Maker Plane is to develop a small, two-seat airplane that qualifies as a light sport aircraft and is affordable, safe, […]
Equifax Must Pay $18.6 Million After Failing to Fix Oregon Woman’s Credit Report
July 29th, 2013Via: 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, 2013Via: 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, 2013Via: 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, 2013Can 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, 2013You’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 […]
Spills at Alberta Oil Sands Operation
July 28th, 2013Via: 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 […]
