Daily Archives: March 28, 2014

Money From The Gods: Iceland’s Auroracoin & A New Kind Of Independence – 28 March 2014

Author: Patrick L Young is expert in global financial markets working in multiple disciplines, ranging from trading independently to running exchanges.

Image from auroracoin.org

Image from auroracoin.org

Norse money-god Niord was famed for being able to give riches to anybody he wanted. In modern Iceland newly-minted money is falling from the digital heavens. Continue reading

Malaysian Scholar Becomes First Person Ever Removed From US No Fly List – 28 March 2014

RT logoHundreds of thousands of people have been placed on the US government’s No Fly List since the terrorist attacks on September 11, 2001 but it is believed that, until now, none have ever successfully convinced a court to force authorities to take them off.

The no-fly policy was created and is maintained by the federal government’s Terrorist Screening Center (TSC), which identifies Americans and international citizens that are considered too dangerous to fly on a commercial aircraft entering or within the US. The problem, according to civil liberties advocates, is that the policy frequently mischaracterizes who is a threat to an airliner and that once a person is on the list it is nearly impossible to get off.

Rahinah Ibrahim, a Malaysian architect and mother of four with a doctorate from Stanford University, first filed suit against the US in 2006 after she was denied a visa because of a listing on the No Fly List. After years of legal hurdles Ibrahim was eventually able to force officials to admit she had been placed on the list because an FBI agent had marked the wrong box on a form meant to explain if she was a national security threat.

Read the full story at: www.rt.com / link to original article

John Ward – The Atos Disaster: A Mysterious Backlog, A Contract To Deal With NHS Data, And Mega-Scandal Bubbling Under – 28 March 2014

AtosgagptnetIDS didn’t fire Atos, Atos fired him. The Slog examines what other grubby things might be revealed in the wake of this embarrassment for the Coalition

As most of you probably know by now, yesterday the French flying brick manufacturer outsourcing company Atos confirmed that it had agreed a financial settlement with the Department for Work and Pensions, allowing it to pull out of its contract ahead of schedule. Continue reading

JP Morgan Bankruptcy Lawyer Killed In Hit & Run – 28 March 2014

Hang The Bankers

By Clar Kent

The banker suicide saga has just reached a new level as a top level JP Morgan attorney has been exterminated in a hit & run incident involving a minivan.

Quote: JPM attorney Joseph Giampapa was killed over the weekend when he was struck by a minivan in a hit and run incident. Giampapa was reportedly hit and thrown 150 ft and was pronounced dead at the scene. No charges have been filed.

Read the full story at: www.hangthebankers.com / link to original article

The Hyper Report – 140328 – Pope Meets Dope – 28 March 2014

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TheIndependent – Ukraine: A Rich Seam For Gas Firms Despite Crisis – 28 March 2014


By Jim Armatage

The veteran Ukraine energy explorer, Paul Davies, said his JKX Oil & Gas business would continue its investment push into the country this year despite the Russian crisis.

Read the full story at: www.independent.co.uk / link to original article

TheAustralian – Searchers Chase Major New Lead In Hunt For Wreckage Of Flight MH370 – 28 March 2014

The Australian

THE search area for the missing Malaysian airliner has shifted dramatically because of a “credible new lead’’.

Tony Abbott says he has been briefed on new radar data analysis which has prompted authorities to shift the search area 1100 kilometres to the northeast, following updated advice from the international investigation team in Malaysia.

Read the full story at: http://www.theaustralina.com.au / link to original article

DealBook – Judge Urges Dismissal Of Mortgage Suit Against Bank Of America – 28 March 2014



A federal magistrate judge on Thursday moved to toss out a Justice Department lawsuit over a soured mortgage deal at Bank of America, dealing a potential setback to the government’s pursuit of Wall Street misdeeds.

Read the full story at: www.dealbook.nytimes.com / link to original article

DealBook – Appeals Court In Gupta Case Chooses Not To Admonish Bad Behavior – 28 March 2014



It was never going to be easy for Rajat K. Gupta, the former managing director of McKinsey & Company and board member of Goldman Sachs, to overturn his criminal conviction for insider trading. But the opinion of the United States Court of Appeals for the Second Circuit was muted, suggesting that the judges did not seem to want to use the case to make a statement about the conduct they expect from businesspeople.

Read the full story at: www.dealbook.nytimes.com / link to original article

DealBook – Falcone Accused Of Using Company Assets In Cash Crunch – 28 March 2014



An investor has accused the hedge fund billionaire Philip A. Falcone of using his publicly listed company “to bail himself out” after a reaching an $18 million settlement with the Securities and Exchange Commission.

Read the full story at: www.dealbook.nytimes.com / link to original article