B or D's Blog (92)

The Things Bankers Say, the London Whale Edition

Another Wall Street investigation. Another trove of e-mails, instant messages and telephone conversations capturing executives, bankers and traders discussing their compromising positions.

First, it was the evidence that depicted questionable behavior at Barclays, UBS and the Royal Bank of Scotland, where traders discussed their rate-rigging activities. Then it was the Justice Department’s complaint against Standard & Poor’s over toxic mortgage securities, which included an…

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Added by B or D on March 17, 2013 at 4:51pm — No Comments

JPMorgan Faulted on Controls and Disclosure in Trading Loss

JPMorgan Chase, the nation’s biggest bank, ignored internal controls and manipulated documents as it racked up trading losses last year, while its influential chief executive, Jamie Dimon, briefly withheld some information from regulators, a new Senate report says.

The findings by the Congressional investigators shed new light on the multibillion-dollar trading blunder, which has claimed the jobs of several top executives and prompted an inquiry by the Federal Bureau of Investigation.…

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Added by B or D on March 17, 2013 at 4:48pm — No Comments

Ally of China's disgraced Bo sentenced on graft charges

(Reuters) - An ally of disgraced Chinese politician Bo Xilai has received a suspended death sentence for taking millions of yuan in bribes, a Beijing lawyer said on Thursday, in the latest fallout from one of China's biggest political scandals.

Tang Jianhua, once deputy police chief in the southwestern city of Chongqing, where Bo was Communist Party chief, was found guilty of taking 17 million yuan ($2.7 million) in bribes, according to Li Zhuang, a lawyer and prominent opponent of Bo…

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Added by B or D on March 15, 2013 at 9:37pm — No Comments

North Korea Cyber Attacks: Pyongyang Accuses South, U.S. Of 'Persistent And Intensive' Cyber Attack

North Korea on Friday accused the United States and South Korea of carrying out a "persistent and intensive" cyber attack against its official websites in recent days.

A number of official North Korean websites, including those of the Korean Central News Agency (KCNA), the daily Rodong Sinmun newspaper, and Air Koryo airline became inaccessible early Wednesday.

"Internet servers operated by our republic have come under daily cyber attack(s) which are persistent and intensive",…

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Added by B or D on March 15, 2013 at 9:13pm — No Comments

Plague Graves Unearthed: Rail Dig May Shed Light On Black Death Bacteria

LONDON, March 15 (Reuters) - Archaeologists said on Friday they had found a graveyard during excavations for a rail project in London which might hold the remains of some 50,000 people killed by the "Black Death" plague more than 650 years ago.

Thirteen skeletons laid out in two neat rows were discovered 2.5 metres (8 feet) below the road in the Farringdon area of central London by researchers working on the 16 billion pound ($24 billion) Crossrail project.

Historical records…

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Added by B or D on March 15, 2013 at 9:10pm — No Comments

Facebook Reveals Secrets You Haven’t Shared

The increasing amount of personal information that can be gleaned by computer programs that track how people use Facebook has been revealed by an extensive academic study.

Such programs can discern undisclosed private information such as Facebook users’ sexuality, drug-use habits and even whether their parents separated when they were young, according to the study by the University of Cambridge academics.

In one of the biggest studies of its kind, scientists from the…

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Added by B or D on March 14, 2013 at 11:26pm — 2 Comments

Why Europe Is Still Ripe For A Dictator: Austrians Reflect On Hitler 75 Years Later

Seventy-five years after the Nazi invasion and occupation of Austria, a newspaper in country has asked citizens about their opinion of Adolf Hitler and the Nazi annexation during World War II. Jewish leaders who have been raising the alarm about anti-Semitism in Austria say the results were not surprising.

Forty-two percent said life was not all bad under Hitler, while 61 percent said they would be interested in a strong-armed leader who did not have to deal with democratic challenges…

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Added by B or D on March 14, 2013 at 11:23pm — 2 Comments

China's Drone Swarms Rise To Challenge US Power

China is building one of the world's largest drone fleets aimed at expanding its military reach in the Pacific and swarming U.S. Navy carriers in the unlikely event of a war, according to a new report. The Chinese military — known as the People's Liberation Army (PLA) — envisions its drone swarms scouting out battlefields, guiding missile strikes and overwhelming opponents through sheer numbers. China's military-industrial complex has created a wide array of homegrown drones to accomplish…

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Added by B or D on March 14, 2013 at 11:15pm — 1 Comment

Holocaust Researchers Catalog 42,500 Nazi Ghettos, Camps; Numbers Are 'Unbelievable

Researchers from the United States Holocaust Memorial Museum have concluded that over 40,000 Nazi camps and ghettos existed during Hitler's reign of terror between 1933 to 1945.

The total is far higher than most historians had previously estimated, according to The New York Times.

Geoffrey Megargee and Martin Dean, the lead editors of…

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Added by B or D on March 3, 2013 at 9:26pm — 3 Comments

The FISA Amendments Act Is Clearly Unconstitutional; And Congress Doesn't Care

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…

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Added by B or D on March 1, 2013 at 12:28am — No Comments

DOJ Admits It Had To Put Aaron Swartz In Jail To Save Face Over The Arrest

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…

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Added by B or D on March 1, 2013 at 12:15am — No Comments

Bozhi Tian, 32 Artificial tissue that can monitor and improve health down to the level of individual cells

Even though this could be great in the health world, what evil could come of this later, by our wonderful government?  Can you see where this will probably lead??

"Cyborg tissue could allow us to put multifunctional prosthetics in humans,” says Bozhi Tian. That goal is still a long way off, but Tian has taken a key step by creating artificially grown tissue that’s intelligent. So far, he’s developed a synthetic blood vessel that can detect the pH of solutions flowing through it. And…

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Added by B or D on February 28, 2013 at 12:39pm — No Comments

GOP, media put White House on sequester defensive

GOP, media put White House on sequester defensive

 

GOP leaders and PR officials are slamming the White House’s effort to shield itself from the decision to release hundreds of illegal immigrants from federal jail, even prior to the arrival of the sequester budget trims.

Late Wednesday afternoon, the GOP criticism stepped up their criticism of the jailhouse release, and…

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Added by B or D on February 28, 2013 at 2:03am — No Comments

Wall Street billionaire Pete Peterson is scheming to "Fix the Debt,"

but if he wins, we lose.

George Soros! Pete Peterson is "the most influential billionaire in America," says the LA Times.

Peter…

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Added by B or D on February 28, 2013 at 1:38am — No Comments

Niger arrests doctors after graft probe by Bill Gates charity

(Corrects to make clear that graft probe was conducted by GAVI)

Feb 25 (Reuters) - Niger arrested about 20 doctors suspected of embezzling funds from a charity set up by the Bill and Melinda Gates Foundation to promote vaccination in poor countries, judicial and police sources said on Monday.

Niger's government has made tackling corruption a priority since taking office in 2011, and last year President Mahamadou Issoufou fired two ministers suspected of illegally…

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Added by B or D on February 27, 2013 at 3:28pm — 2 Comments

Add a funny news story here!! Once in a while we all need a laugh

Mugger picks the wrong guy to rob and carjack. 

Mugger vs. Ultimate Fighter

Added by B or D on February 27, 2013 at 5:58am — 12 Comments

Bump Fire Stock for ar-15 and several other guns

These have been around for awhile, but figured I would put this info out there for anyone that hasn't seen one of these bump stocks in action, or used one before. They are a great tool to add to your gun.

Check out the videos here

 Bump stocks click here

Added by B or D on February 27, 2013 at 12:50am — 3 Comments

Surveillance Under the Patriot Act. Some old facts But all so interesting

This actual info is a couple years old, but look at the facts after the patriot act was passed. 

Hastily passed 45 days after 9/11 in the name of national security, the Patriot Act was the first of many changes to surveillance laws that made it easier for the government to spy on ordinary Americans by expanding the authority to monitor phone and email communications, collect bank and credit reporting records, and track the activity of innocent Americans on the Internet. While most…

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Added by B or D on February 26, 2013 at 11:16pm — No Comments

The Price of Freedom!! The price we will pay again for Freedom

Please take a few min and see the video.

click here to watch video

Added by B or D on February 26, 2013 at 10:30pm — No Comments

Petrogold: Are Russia And China Hoarding Gold Because They Plan To Kill The Petrodollar?

Will oil soon be traded in a currency that is thousands of years old? What would a "gold for oil" system mean for the petrodollar and the U.S. economy? Are Russia and China hoarding massive amounts of gold because they plan to kill the petrodollar? 



Since the 1970s, the U.S. dollar has been the currency that the international community has used to trade oil around the globe. This has created an overwhelming demand for U.S. dollars and U.S. debt. But what happens when the rest of the…

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Added by B or D on February 25, 2013 at 9:46pm — No Comments

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