Archive for December, 2009
Fat Finger: Tokyo Stock Exchange Told to Pay $121 Million in Damages
December 5th, 2009Via: BBC: A Japanese court has ordered the Tokyo Stock Exchange (TSE) to pay 10.7bn yen ($121m; £73m) in damages for failing to stop a huge trading error in 2005. The TSE must pay Mizuho Securities the compensation after admitting that a system fault prevented a trader from cancelling an erroneous share sale. The trader […]
Google Offers Public DNS Service
December 4th, 2009Update: Some Thoughts on Google DNS Interesting post from the CEO of DNS services company OpenDNS, who probably feels the bull’s-eye painted on his chest: Google claims that this service is better because it has no ads or redirection. But you have to remember they are also the largest advertising and redirection company on the […]
Will Update Later
December 4th, 2009We’re back home from Auckland, but all I wanted to do was watch Moon (which I highly recommend for sci-fi fans), and now it’s late/early. Updates will resume in about 12 hours.
The Swiss and Guns
December 4th, 2009What to Do About Europe’s Secret Nukes
December 3rd, 2009Via: Time: Is Italy capable of delivering a thermonuclear strike? Could the Belgians and the Dutch drop hydrogen bombs on enemy targets? And what about Germany — a country where fear of atomkraft is so great that the last government opposed all civilian nuclear power? Germany’s air force couldn’t possibly be training to deliver bombs […]
Large Petroleum Products Market Participants Storing Distillates at Sea, Distorting the Demand Picture
December 3rd, 2009I like one of the comments on the source page: “You won’t see any boats loaded with gold stuck in the ocean.” HAR! Via: Globe and Mail / Reuters: Oil product tankers idling in quiet waters of the world’s oceans are unlikely to move on until well into 2010 when more refinery shutdowns could curb […]
Pilot for 9/11 Flight School Considered Grave Threat to National Security
December 3rd, 2009Via: Mad Cow Productions: A U.S. Customs Agent on duty when controversial drug pilot and “soldier of fortune” Michael Brassington attempted to re-enter the US through Fort Lauderdale International Airport in April of 2004 was instructed by a Supervisor at Immigrations & Customs Enforcement (ICE) to treat Brassington—a long-time employee and business associate of Wallace […]
Chinese Government Allegedly Doesn’t Chase Gold Rallies
December 3rd, 2009Via: Telegraph: News that the rising powers of Asia are shifting a chunk of their fast-growing reserves into gold in a flight from Western paper currencies has emboldened investors to take out large gold bets on the futures markets or through exchange traded funds (EFT), leading to the parabolic rise in price over recent weeks. […]
Chelsea Clinton Engaged to Goldman Sachs Investment Banker
December 3rd, 2009Via: CBS News: Chelsea’s fiancé is an investment banker who works for Goldman Sachs. The two met in Washington as teenagers and both attended Stanford University. Mezvinsky, Miller said, is no stranger to life in the public eye. Both of his parents served in Congress, and his father, Ed Mezvinsky, served time in federal prison […]
European Banks Growing Bigger ‘Sowing the Seeds’ of Next Crisis
December 3rd, 2009Via: Bloomberg: European banks are emerging from the credit crisis bigger than before, posing more risk to their national economies. BNP Paribas SA, Barclays Plc and Banco Santander SA are among at least 353 European lenders that have increased in size since the beginning of 2007, according to data compiled by Bloomberg. Fifteen European banks […]
