Radiologist Makes Almost Exact Copy of Antique Stradivarius Violin
November 30th, 2011Via: BBC:
A Stradivarius violin has been “recreated” using an X-ray scanner normally used to detect cancers and injuries, according to researchers.
The US-based group used a computerised axial tomography (CAT) scanner on the 307-year-old instrument to reveal its secrets.
They then used the data recovered to build “nearly exact copies”.
The team said the technique could be used to give musicians access to rare musical equipment.
Their findings have been presented to the Radiological Society of North America at a conference in Chicago.
Paulson Gave Hedge Fund Managers Inside Information
November 30th, 2011Mmm hmm.
Via: Bloomberg:
On the morning of July 21, before the Eton Park meeting, Paulson had spoken to New York Times reporters and editors, according to his Treasury Department schedule. A Times article the next day said the Federal Reserve and the Office of the Comptroller of the Currency were inspecting Fannie and Freddie’s books and cited Paulson as saying he expected their examination would give a signal of confidence to the markets.
At the Eton Park meeting, he sent a different message, according to a fund manager who attended. Over sandwiches and pasta salad, he delivered that information to a group of men capable of profiting from any disclosure.
Around the conference room table were a dozen or so hedge- fund managers and other Wall Street executives — at least five of them alumni of Goldman Sachs Group Inc. (GS), of which Paulson was chief executive officer and chairman from 1999 to 2006. In addition to Eton Park founder Eric Mindich, they included such boldface names as Lone Pine Capital LLC founder Stephen Mandel, Dinakar Singh of TPG-Axon Capital Management LP and Daniel Och of Och-Ziff Capital Management Group LLC.
After a perfunctory discussion of the market turmoil, the fund manager says, the discussion turned to Fannie Mae and Freddie Mac. Paulson said he had erred by not punishing Bear Stearns shareholders more severely. The secretary, then 62, went on to describe a possible scenario for placing Fannie and Freddie into “conservatorship” — a government seizure designed to allow the firms to continue operations despite heavy losses in the mortgage markets.
Paulson explained that under this scenario, the common stock of the two government-sponsored enterprises, or GSEs, would be effectively wiped out. So too would the various classes of preferred stock, he said.
The fund manager says he was shocked that Paulson would furnish such specific information — to his mind, leaving little doubt that the Treasury Department would carry out the plan. The managers attending the meeting were thus given a choice opportunity to trade on that information.
There’s no evidence that they did so after the meeting; tracking firm-specific short stock sales isn’t possible using public documents.
And law professors say that Paulson himself broke no law by disclosing what amounted to inside information.
That Was Fast: New Zealand Government Has Reneged on Promise to Give Public a Say on Opencast Coalmine
November 30th, 2011Thanks, National voters. For f*ck’s sake.
Via: New Zealand Herald:
The Government has reneged on its promise to give the public a say on whether Bathurst Resources’ Denniston opencast coalmine should go ahead, on the first working day after the election, says Forest and Bird.
After the Government’s back down last year on opening national parks to mining, Conservation Minister Kate Wilkinson and Energy and Resources Minister Gerry Brownlee said, significant applications to mine on public conservation land should be publicly notified.
Forest and Bird Top of the South field officer Debs Martin said her organisation had been trying to get Ms Wilkinson to follow through on this promise since August.
It seemed disingenuous to wait until the first working day after the election to confirm that there would be no public consultation, said Ms Martin.
“It seems that they held out until after the election because they didn’t want any publicity on it.”
In essence Ms Wilkinson’s letter to Forest and Bird yesterday had said that as there was currently no legal requirement to consult the public on the mine, The Government would not do so, she said.
…
Ms Martin said that although public notification wasn’t a legal requirement there was nothing stopping the minister seeking it.
The Crown Minerals Act said the minister could take any relevant matters into account when granting mine access, said Ms Martin.
Given that Denniston was on public conservation land, had created high public interest and would be the largest mine operating on conservation land in New Zealand, the public’s view was relevant for the minister to consider, she said.
It’s a priority site for biodiversity protection and the largest mine operating on public conservation land. What could be more significant than that?
Forest and Bird advocate Nicola Vallance said Denniston, with its wide range of threatened native plants and animals, belonged to all New Zealanders and was held in trust for them for future generations.
The public was being shut out of standing up for their natural heritage, she said.
Newly elected West Coast-Tasman MP Damien O’Connor said it was the kind of promise-breaking expected from a National Government.
S&P Downgrades World’s Largest Banks
November 30th, 2011Rabobank was taken down two notches:
Dutch Rabobank is among 15 global banks downgraded by Standard & Poor’s Ratings Services Tuesday as part of a shift in how the ratings company forms its opinions about financial institutions.
S&P rates Rabobank now two notches lower at AA, instead of AAA previously. S&P’s new measures not only take into account the financial position of the bank itself, but also the financial position of the country where it is headquartered.
Via: AP:
Standard & Poor’s Ratings Services has lowered its credit ratings for many of the world’s largest financial institutions, including the biggest banks in the U.S.
Bank of America Corp. and its main subsidiaries are among the institutions whose ratings fell at least one notch Tuesday, along with Citigroup Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley and Wells Fargo & Co.
S&P said the changes in 37 financial companies’ ratings reflect the firm’s new criteria for banks, and they incorporate shifts in the industry and the role of governments and central banks worldwide. The agency did not release its evaluation of each company but said it plans to discuss the changes during a conference call early Wednesday.
Bank of America’s issuer credit rating was cut to “A-” from “A,” as were its Countrywide Financial Corp. and Merrill Lynch & Co. Inc. units, along with a series of related subsidiaries
Ratings downgrades are never seen as positive, but this round may be particularly damaging for Bank of America.
Concern already was growing Tuesday about whether B of A has enough capital to withstand another downturn in the U.S. economy or further trouble in Europe, and the bank’s stock fell to a two-year low before the ratings announcement.
LAPD to Occupy LA: “You Have Ten Minutes to Disperse”
November 30th, 2011Via: OakFoSho:
U.S. JUDGE ORDERS HUNDREDS OF SITES “DE-INDEXED” FROM GOOGLE, FACEBOOK
November 30th, 2011Via: Ars Technica:
After a series of one-sided hearings, luxury goods maker Chanel has won recent court orders against hundreds of websites trafficking in counterfeit luxury goods. A federal judge in Nevada has agreed that Chanel can seize the domain names in question and transfer them all to US-based registrar GoDaddy. The judge also ordered “all Internet search engines” and “all social media websites”—explicitly naming Facebook, Twitter, Google+, Bing, Yahoo, and Google—to “de-index” the domain names and to remove them from any search results.
The case has been a remarkable one. Concerned about counterfeiting, Chanel has filed a joint suit in Nevada against nearly 700 domain names that appear to have nothing in common. When Chanel finds more names, it simply uses the same case and files new requests for more seizures. (A recent November 14 order went after an additional 228 sites; none had a chance to contest the request until after it was approved and the names had been seized.)
How were the sites investigated? For the most recent batch of names, Chanel hired a Nevada investigator to order from three of the 228 sites in question. When the orders arrived, they were reviewed by a Chanel official and declared counterfeit. The other 225 sites were seized based on a Chanel anti-counterfeiting specialist browsing the Web.
That was good enough for Judge Kent Dawson to order the names seized and transferred to GoDaddy, where they would all redirect to a page serving notice of the seizure. In addition, a total ban on search engine indexing was ordered, one which neither Bing nor Google appears to have complied with yet.
Missing from the ruling is any discussion of the Internet’s global nature; the judge shows no awareness that the domains in question might not even be registered in this country, for instance, and his ban on search engine and social media indexing apparently extends to the entire world. (And, when applied to US-based companies like Twitter, apparently compels them to censor the links globally rather than only when accessed by people in the US.) Indeed, a cursory search through the list of offending domains turns up poshmoda.ws, a site registered in Germany. The German registrar has not yet complied with the US court order, though most other domain names on the list are .com or .net names and have been seized.
The US government has made similar domain name seizures through Operation In Our Sites, grabbing US-based domains that end in .com and .net even when the sites are located abroad. Such moves by themselves would seem to do little to stop piracy in the long-term; they simply teach would-be miscreants to register future domain names in other countries.
Related: YaCy: Free Software Activists to Take on Google with New Free Search Engine
Widespread Police Use of Drones Coming Soon
November 30th, 2011Via: Los Angeles Times:
Drone aircraft, best known for their role in hunting and destroying terrorist hideouts in Afghanistan and Pakistan, may be coming soon to the skies near you.
Police agencies want drones for air support to find runaway criminals. Utility companies expect they can help monitor oil, gas and water pipelines. Farmers believe drones could aid in spraying crops with pesticides.
“It’s going to happen,” said Dan Elwell, vice president of civil aviation at the Aerospace Industries Association. “Now it’s about figuring out how to safely assimilate the technology into national airspace.”
That’s the job of the Federal Aviation Administration (FAA), which plans to propose new rules for using small drones in January, a first step toward integrating robotic aircraft into the nation’s skyways.
The FAA has issued 266 active testing permits for civilian-drone applications but hasn’t permitted drones in U.S. airspace on a wide scale out of concern they don’t have an adequate “detect, sense and avoid” technology to prevent midair collisions.
Other concerns include privacy — imagine a camera-equipped drone buzzing above your backyard pool party — and the creative ways in which criminals and terrorists might use the machines.
Feds Want to Digitize Records
November 30th, 2011Transparency? Oh sure.
Alternative explanation: It would be nice to be able to disappear documents down the memory hole as easily as it is to print money.
Via: Computer World:
President Obama this week gave government agencies four months to come up with a plan to improve records management by moving to electronic records management systems “where feasable.”
In a memorandum, Obama said one aim of the plan is to improve public access to government records by moving them to the National Archives and Records Administration (NARA), which will “provide the prism through which future generations will understand and learn from our actions and decisions.”
Paul Wester, chief records officer for the U.S. Government, said in an interview with Computerworld that the president’s directive is really about driving a more open government where citizens can access information in a more “Web 2.0” format.
“No one is completely electronic now, and that’s one of the challenges we’re driving toward with the presidential directive,” Wester said. “The wider direction is about open government and transparency, being more responsive to citizens, implementing more open business operations” between agencies who can then interact with one another.
Wester said new laws and regulations may be needed to move the process of creating a more unified electronic records system forward.
But, the U.S. government does not have a good track record when it comes to developing electronic archives. Earlier this year, due to cost overruns and project mismanagement the NARA announced it was ending a 10-year effort to create an electronic records archive.
U.S. Settles Suit Over Anthrax Attacks
November 30th, 2011Via: New York Times:
The federal government has agreed to pay $2.5 million to the widow and children of the first person killed in the anthrax letter attacks of 2001, settling a lawsuit claiming that the Army did not adequately secure its supply of the deadly pathogen.
The settlement with the family of Robert Stevens, a tabloid photo editor in Florida, follows an eight-year legal battle that exposed slack rules and sloppy recordkeeping at the Army’s biodefense laboratory at Fort Detrick, in Frederick, Md. As part of the agreement, Justice Department lawyers are seeking to have many documents that were uncovered in the litigation kept under court seal or destroyed.
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