Libya’s sovereign wealth fund is suing banking giant Goldman Sachs for “deliberately exploiting” its position to make $350 million profit on $1 billion worth of failed derivative trades, London’s High Court announced Thursday. (more…)
January 2014
Monthly Archive
Fri 31 Jan 2014
Libya Sues Goldman Over Massive $1 Billion Trading Loss
Posted by k under Finance , Globalization/EmpireNo Comments
Fri 31 Jan 2014
It’s celebrity time again. The Golden Globes have been, and the Oscars are coming. This is a “vintage year”, say Hollywood’s hagiographers on cue. It isn’t. Most movies are made to a formula for the highest return, money-fuelled by marketing and something called celebrity. (more…)
Fri 31 Jan 2014
Utah kids in tears after school seizes and tosses out 40 lunches over debt
Posted by k under Civil Liberties , FinanceNo Comments
Children at a Utah elementary school were in tears on Wednesday after a district nutrition manager seized the lunches of up to 40 students over negative account balances. (more…)
Wed 29 Jan 2014
Does Obama Administration View Journalists as Snowden’s “Accomplices”? It Seems So.
Posted by k under Civil Liberties , DemocracyNo Comments
James Clapper, the Director of National Intelligence, appeared today before the Senate Intelligence Committee, his first appearance since outright lying to that Committee last March about NSA bulk collection. In his prepared opening remarks, Clapper said this: (more…)
Wed 29 Jan 2014
Who Needs the Gestapo When You Have ‘Angry Birds’?
Posted by k under Civil Liberties , DemocracyNo Comments
Robert Scheer Truthdig
No need then for the Gestapo to go crashing through apartment doors to brutally interrogate citizens as to the most guarded moments of their personal lives when a vast amount of private information from gaming, mapping and social networking sites is pirated by the government. (more…)
Mon 27 Jan 2014
Obama’s NSA Speech Makes Orwellian Surveillance Patriotic
Posted by k under Civil Liberties , DemocracyNo Comments
President Obama’s assertion that our nation was formed as a result of a heroic history of surveillance is a misleading scare tactic clearly aimed at making Americans comfortable with the far-reaching government spying he seeks to protect, says Michael Ratner. (more…)
Sat 25 Jan 2014
Jeff Mackler Counterpunch
…Washington, D.C., Federal District Court Judge Richard Leon in his Dec. 16, 68-page opinion demanding an end of blanket government surveillance couldn’t resist describing as “almost Orwellian” today’s national security state. (more…)
Fri 24 Jan 2014
U.S. downplays Israel’s discovery of ‘aspirational’ Al Qaeda plot
Posted by k under Civil LibertiesNo Comments
AFP
A US official downplayed Thursday the discovery by Israel of an Al-Qaeda cell it said was plotting to bomb the American Embassy in Tel Aviv, describing the group’s plans as “aspirational.” (more…)