(AP) -- Hundreds of millions of dollars has been recovered so far in a massive Ponzi scheme that attracted more than 1 million investors from the United States and all over the world, according a court filing in the case.

The case involves Rex Venture Group, a Lexington, N.C.-based company that operated several online ventures, including Zeekster.com, a penny auction site, and ZeekRewards, a business designed to drive…

 Greg Robb - Washintgton (MarketWatch)

Japan has overtaken China as the top foreign holder of U.S. assets, according to preliminary data released by the Treasury Department on Thursday.



Japan owned $1.84 trillion of U.S. equities, long-term debt and short-term securities at the end of June…

Top Economists and Financial Experts Say We Must Break Up the Giant Banks

The following top economists and financial experts believe that the economy cannot recover unless the big, insolvent banks are broken up in an orderly fashion:

• Nobel prize-winning economist, Joseph…

Here are 5 different articles of insanity of children being accused of violence at school when all they are doing is playing as normal children will do...and just think squirt gun season is on its way which may cause these incidents to rise which brings a threat of drowning in the bull crap...

POP TART GUN…

Hail Armageddon

By Charles Krauthammer, Published: February 28

“The worst-case scenario for us,” a leading anti-budget-cuts lobbyist told The Post, “is the…

Fresh from space: Giant 18kg meteorite untouched by human hand discovered in the frozen wastes of Antarctica

• Find is the largest in 25 years in the area - and researchers spotted it against the whiteness of Antartica from 50m away
  
  
• Team discovered 425 meteorites during 40 day expedition 
  
  
• Meteorite has yet to be aged as team is still thawing it…

Paparazzo 'who found fame when he snapped Brad Pitt with another woman' is found dead with a single execution-style bullet wound to his head in Rome

• Daniele Lo Presti discovered lying face down in pool of blood on the street
• Police suggest possible link with his controversial line of work
  
  

By …

Man killed after he was swallowed up by 100ft SINKHOLE under his bedroom pictured for the first time as engineers battle to find him

• Jeff Bush, 37, screamed for help as he was sucked into the hole in Florida
  
  
• Brother: 'I heard him screaming for me but I couldn't do anything'
  
  
• 'Safe to presume' he is dead, say fire officials
• House deemed too unstable to continue rescue effort this…

Two US Navy sailors convicted of rape that shocked Japan

Update – 5 Nuclear Carriers Into Harbor…

Putin, Obama stress cooperation, pledge to 'avoid deterioration' in relations

Published time: March 02, 2013 01:04

Russia and the US agreed to avoid “negative steps” that could threaten bilateral relations as the two countries' presidents held their first phone conversation since Barack Obama's re-election.

"The leaders of both countries are united in their desire to avoid…

Iraqi army helped Syrian government retake border checkpoint - reports

Published time: March 02, 2013 01:19

The Iraqi army has reportedly shelled Free Syrian Army positions inside Syria near the border with Iraq. Unconfirmed reports suggest that Iraq was helping Syrian government forces regain control of a border checkpoint seized by the insurgency.

Syrian troops have recaptured…

from the but-but-terrorism dept

We've been discussing the now annual rush to re-approve the FISA Amendments Act, despite the fact that the original bill was on shaky constitutional ground, and it's been made much (much, much) worse due to a secret interpretation of what the law means (a secret interpretation that many in Congress apparently have no interest in finding out about). Andrew Napolitano, a former judge, has penned an interesting column laying out many of the reasons why the…

from the it's-all-about-the-public-perception dept

As the Congressional investigation into the DOJ's prosecution of Aaron Swartz has continued, apparently a DOJ representative has admitted that part of the reason it insisted on having Swartz plead guilty to a felony and go to jail, no matter what, was that it feared the public backlash for the original arrest if they couldn't then show a felony conviction and jailtime. According to a Huffington Post article, quoting various…