Archive for January, 2008
Dozens Injured as Boy Wreaks Havoc by Playing Trains with City’s Trams
January 11th, 2008“Holy shit. It’ll be like a modern, Apocalyptic mashup of the olden days with Captain Crunch and his handy 2600hz whistle, or, more recently with Adrian Lamo with his old Toshiba laptop (missing keys) and his web browser. These are the real poster children of the asymmetric revolution. The question is, will the kids who […]
Merrill Lynch Subprime Losses Are Almost Double Original Estimate
January 11th, 2008Via: New York Times: Merrill Lynch is expected to suffer $15 billion in losses stemming from soured mortgage investments, almost double its original estimate, prompting the firm to raise additional capital from an outside investor. Merrill, the nation’s largest brokerage firm, is expected to disclose the huge write-down when it reports earnings next week, according […]
Helicopter Ben About to Shift the Confetti Shredder Into Afterburner
January 11th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Gold nearly hit $900 today. Thanks, Ben. No, really. Thank you, sir. I keep thinking, I need to diversify and hold a little USD. Somehow, I don’t seem to be getting around to it… And that has been a good thing, […]
Australia Joins China in Censoring the Internet
January 11th, 2008There will be optional, uncensored connections! Oh joy. I bet people who opt for the uncensored connections will have a great time with airport security. “Mr. Smith, your papers appear to be in order, however, we see here that you have opted for a connection to the Internet that has not been cleansed by the […]
AT&T and Other I.S.P.’s May Be Getting Ready to Filter
January 11th, 2008I know, I know. Don’t panic, “They’re just going to target the file trading traffic.” Oh sure. For years, tech savvy employees would game corporate IT environments to get what they wanted, at work. Those same skills could become necessary at home. Via: New York Times: For the last 15 years, Internet service providers have […]
Washington’s $8 Billion Shadow
January 11th, 2008SAIC is hind titty (in money terms) compared to the top armaments contractors, but it represents the glue that holds the technocracy together. With regard to the hundreds of millions of dollars worth of apparently botched projects: * pfft * There’s always next year’s budget! Americans pay their taxes, Washington brings the matches. Via: Vanity […]
Cryptogon Reader Signs Up for Hosting with Blue Host
January 11th, 2008Thanks to the owner of retireinnovascotia.com for signing up for hosting with Blue Host. Cryptogon received $65 as a result.
Blair Working for JP Morgan Chase
January 10th, 2008I wonder how much opium will be produced in Afghanistan in 2008? I bet Tony knows. Via: CNN: Former UK Prime Minister Tony Blair, who left office last June, has taken up a part-job with a Wall Street bank on an estimated $1 million salary. JP Morgan Chase did not say how much Blair will […]
Cities Holding Lenders Accountable for Foreclosure Aftermath
January 10th, 2008Via: Business Week: On Dec. 17 in a windowless Buffalo courtroom, Cindy T. Cooper, a prosecutor for the city, buzzes among a dozen men in suits, cutting deals. “You’ve got to unboard [the house], go in, and clean it out,” she tells one. “If all the repairs are done quickly, I wouldn’t ask for any […]
South Africa: Gold Output Falls 12.7%
January 10th, 2008They cant just add more zeros in a computer to make more? * chuckle * Via: Reuters: South Africa’s annual gold output fell in November by its biggest margin in seven months, while total minerals production declined 6.4 percent compared with the same month the previous year, data showed on Thursday. Gold production dropped 12.7 […]
