Archive for April, 2009

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FDIC Friday: Regulators Shut Banks in Georgia, Michigan, California, Idaho

April 25th, 2009

Via: Bloomberg: Regulators seized banks in Georgia, Michigan, California and Idaho with total assets of $2.3 billion, bringing the tally of failures in the U.S. this year to 29, exceeding the total for all of 2008. American Southern Bank of Kennesaw, Georgia; Michigan Heritage Bank in Farmington Hills; and First Bank of Beverly Hills in […]

Crash Gordon and the Mysteries of Kingsburg

April 25th, 2009

Derek Swannson, a pen name for a guy with a day job, has been reading Cryptogon for a while and he wanted to send me a copy of his book, Crash Gordon and the Mysteries of Kingsburg. I warned him that I didn’t have time to read it. He sent it anyway. Well, he actually […]

Cryptogon Readers Send Contributions

April 25th, 2009

TB sent $25. ML sent $30. And let’s see, I have one more here: RP sent $750. Woh. Thanks guys. April earnings were turning out to be down sharply, compared to previous months. I assumed that people were getting hammered with income taxes being due in the U.S., in addition to the financial situation deteriorating […]

WHO Calls Emergency Meeting on Swine Flu

April 25th, 2009

Via: Reuters: The World Health Organization said on Friday it was calling an emergency committee to advise whether outbreaks of swine flu in humans in the United States and Mexico constituted an international public health threat. A deadly strain of swine flu never seen before has broken out in Mexico, killing as many as 60 […]

Britain: Police Caught On Tape Trying to Recruit Plane Stupid Protester as Informant

April 25th, 2009

The recordings are here. Via: Guardian: Undercover police are running a network of hundreds of informants inside protest organisations who secretly feed them intelligence in return for cash, according to evidence handed to the Guardian. They claim to have infiltrated a number of environmental groups and said they are receiving information about leaders, tactics and […]

Eminent Cancer Scientist Found Dead in His Car with Toxic Chemicals

April 25th, 2009

There’s not much information right now. Via: Perthshire Advertiser: A SCIENTIST researching ways to help raise cancer survival rates was found dead in Blairgowrie this week. Dr Thomas Friedberg, a notable member of the medical research team at Dundee University, was found dead in his car on Wednesday evening, close to the family’s Blairgowrie home […]

Ireland: Hundreds of People Queue for Low Wage Retail Sales Jobs in Dublin

April 25th, 2009

I was last in Ireland in 1999. On the flight over from the U.S., I was discussing the economic boom times Ireland was experiencing with someone involved with the computer industry there. He said something like, “We’ll enjoy it while it lasts, but, deep down, everyone knows it’s a bunch of shite. Maybe it’ll last […]

Long-Term Unemployed More Than Double in California

April 24th, 2009

Via: OC Register: The number of long-term unemployed in California has more than doubled in the last year and now make up nearly 25% of all people without jobs, reports the state Employment Development Department. In March 2008, 168,000 Californians had been out of a job 27 weeks or more — the point where marchunemploymentdurationregular […]

Spain’s Jobless Rate Soars to 17%

April 24th, 2009

Via: BBC: Spain’s unemployment rate hit 17.4% at the end of March, figures have shown, with the jobless total now having doubled over the past 12 months. In the past year, two million people have lost their jobs taking the total out of work to just over four million. The Bank of Spain recently predicted […]

Freddie Mac CFO David Kellerman Story Updated, Now There’s a Gun Involved

April 24th, 2009

Main story updated.

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