Archive for May, 2010
Feds Probing JPMorgan Silver Trades
May 10th, 2010Via: New York Post: Federal agents have launched parallel criminal and civil probes of JPMorgan Chase and its trading activity in the precious metals market, The Post has learned. The probes are centering on whether or not JPMorgan, a top derivatives holder in precious metals, acted improperly to depress the price of silver, sources said. […]
The NYPD Tapes: Inside Bed-Stuy’s 81st Precinct
May 10th, 2010Via: Village Voice: Two years ago, a police officer in a Brooklyn precinct became gravely concerned about how the public was being served. To document his concerns, he began carrying around a digital sound recorder, secretly recording his colleagues and superiors. He recorded precinct roll calls. He recorded his precinct commander and other supervisors. He […]
Pentagon Developing Brain Implants That Use Fiber Optics to Stimulate Neurons
May 10th, 2010Via: Wired: Significant progress has already been made in understanding brain injury. Scientists can create conceptual, mathematical models of brain activity, and are also able to record the electrical pulses emitted by individual neurons in the brain, which offers insight into how those neurons communicate. That knowledge has spurred rapid progress in neural-assisted prosthetic devices, […]
Journalists Barred from Gitmo for Revealing Already-Public Information
May 10th, 2010Via: Wired: For reporters covering the war crimes tribunal at Guantanamo Bay, the ground rules are pretty draconian: As a condition of attending, they have to sign agreements not to disclose anything the court deems secret; media officers review all photos and videos shot on the island; and there sure as hell ain’t no Tweeting […]
Marines Axe Internet Bomb-Shopping Plan
May 10th, 2010Via: Wired: Remember the Marines’ buy-bomb-parts-on-the-Internet research proposal? Well, forget it. The Marine Corps Warfighting Laboratory canceled the effort, after word of it leaked to Danger Room. The “Commercial Hunter” project was supposed to help the Corps understand what kind of arsenal could be ordered online, by giving university researchers 40 hour to conduct an […]
Christian Right Leader George Rekers Takes Vacation with “Rent Boy”
May 10th, 2010Via: Miami New Times: On April 13, the “rent boy” (whom we’ll call Lucien) arrived at Miami International Airport on Iberian Airlines Flight 6123, after a ten-day, fully subsidized trip to Europe. He was soon followed out of customs by an old man with an atavistic mustache and a desperate blond comb-over, pushing an overburdened […]
Confetti Schredder Rally Time
May 10th, 2010UPDATE: FEDERAL RESERVE OPENS EMERGENCY CREDIT LINE TO EUROPE Via: AP: The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on the continent. Other central banks, including the Bank of Canada, the Bank of England, the European Central Bank, the […]
EMERGENCY: OM NOM NOM: ECB to Intervene in Bond Market to Fight Euro Crisis
May 10th, 2010WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Why can’t the ECB just eat the debt, like the Federal Reserve has been eating it? Does anyone know why not? It doesn’t seem fair that Uncle Sugar can rally its silly confetti by feeding it into a shredder. The ECB […]
Just Curious: BullionVault User Activity
May 10th, 2010I recently received a large single commission from BullionVault activity. BullionVault provides me with no information about the identity of the user at all, whether the deal was gold or silver, or even if the transaction was a purchase or sale. So, someone either bought or sold a relatively large amount of gold or silver. […]
EU Crafts $928 Billion Loan Package in Attempt to Halt Euro Decline
May 10th, 2010Via: Bloomberg: European finance ministers put together an unprecedented loan package that may be worth 720 billion euros ($928 billion) for debt-swamped governments in a bid to restore faith in the euro and prevent Greece’s fiscal woes from unleashing a global crisis. Jolted into action by last week’s slide in the currency to a 14-month […]
