Archive for September, 2009
And Now… FDIC Could Seek Bailout from Banks
September 22nd, 2009Oh man, I’ve heard it all at this point. Here are the details of how this will work. Note: Get ready to close the tab that opens or your eyes may start to bleed after just a few seconds. Via: AP: Regulators may borrow billions from big banks to shore up the dwindling fund that […]
Supertanker Owners May Start Refusing Cargoes Unless Rates Return to a Profitable Level
September 22nd, 2009Via: Hellenic Shipping News: Supertanker owners may start refusing cargoes within the next three months unless rates return to a profitable level, said Frontline Ltd., the biggest operator of the ships which carry almost half the world’s oil. Ship owners are contributing $942 a day toward fuel costs to ship Middle East crude, according to […]
USAF Shoots Down Out-of-Control Drone Over Northern Afghanistan
September 22nd, 2009The manned fighter jets are still good for something! Via: Security Management: The United States Air Force (USAF) shot down an unmanned aerial vehicle (UAV) on Sunday morning after it lost control of the aircraft over a remote area in Northern Afghanistan. The USAF does not know how or why operators lost control of the […]
Cannabis Oil Cures Cancer: “Run From The Cure” The Rick Simpson Story
September 22nd, 2009Change: U.S. Charges Obama Fund-Raiser in $290 Million Fraud
September 22nd, 2009Via: Reuters: Hassan Nemazee, a fund-raiser for Barack Obama, Hillary Clinton and other Democrats, has been indicted for defrauding Bank of America, HSBC and Citigroup Inc out of more than $290 million in loan proceeds, U.S. prosecutors said on Monday. The announcement follows last month’s indictment of Nemazee, head of a private equity firm and […]
ADM: The Fix Is In
September 22nd, 2009Via: This American Life: We hear from Kurt Eichenwald, whose book The Informant is about the price fixing conspiracy at the food company ADM, Archer Daniels Midland, and the executive who cooperated with the FBI in recording over 250 hours of secret video and audio tapes, probably the most remarkable videotapes ever made of an […]
VERICHIP UP OVER 200%
September 21st, 2009WARNING: This is not a recommendation to buy, sell or hold any financial instrument. The press release contained the magic combination of letters and numbers: “H1N1.” The volume today is about 320X the three month average volume. This is the PR piece that hit before the open: VeriChip Corporation Granted Exclusive License for Patents Used […]
Problem with Pirates? Remote Control Speedboat with Machine Gun Turret to the Rescue
September 21st, 2009Via: New York Times: In recent years, maritime shipping companies, private security firms and navies around the globe have pondered the problem of high-seas piracy off Africa’s east coast, where more than 150 merchant ships have been attacked by small craft in 2009 alone. What to do? How to thwart a menace that can resemble […]
Pentagon Wants ‘Space Junk’ Cleaned Up
September 21st, 2009What will be cleaned up first? Orbital space junk, or the plastic apocalypse in the Pacific Ocean? Hmm. Via: Wired: The orbit around Earth is a very messy place and the Pentagon’s far-out research arm wants to do something about it. The Defense Advanced Research Projects Agency put out a notice yesterday requesting information on […]
Report Predicts an Alzheimer’s ‘Emergency’
September 21st, 2009Niacin. Via: Boston Herald: More than 35 million people around the world are living with Alzheimer’s disease or other types of dementia, says the most in-depth attempt yet to assess the brain-destroying illness – and it’s an ominous forecast as the population grays. The new count is about 10 percent higher than what scientists had […]
