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Date Fairness.com Resource Read it at: Feb 27, 2013 Why It’s Smart to Be Reckless on Wall Street
QUOTE: That asymmetry in pay (money for profits, flat for losses) is the engine behind many of Wall Street’s mistakes. It rewards short-term gains without regard to long-term consequences. The results? The over-reliance on excessive leverage, banks that are loaded with opaque financial products, and trading models that are flawed. Regulation is largely toothless if banks and their employees have the financial incentive to be reckless.
Scientific American Feb 04, 2013 U.S. Accuses S. & P. of Fraud in Suit on Loan Bundles
QUOTE: The Justice Department filed civil fraud charges late on Monday against the nation's largest credit-ratings agency, Standard & Poor's, accusing the firm of inflating the ratings of mortgage investments and setting them up for a crash when the financial crisis struck....From September 2004 through October 2007, S.&P. "knowingly and with the intent to defraud, devised, participated in, and executed a scheme to defraud investors" in certain mortgage-related securities, according to the suit filed against the agency and its parent company, McGraw-Hill Companies. S.&P. also falsely represented that its ratings "were objective, independent, uninfluenced by any conflicts of interest," the suit said.
New York Times Jan 03, 2013 Write Gambling Software, Go to Prison
QUOTE: In a criminal case sure to make programmers nervous, a software maker who licenses a program used by online casinos and bookmakers overseas is being charged with promoting gambling in New York because authorities say his software was used by others for illegal betting in that state....Stuart, who has been charged along with his wife and brother-in-law with one felony count for promoting gambling in New York through their software firm, says that his company sells the software only to entities outside the U.S...
Wired Nov 30, 2012 Does Google the Link Lister Equal Google the Publisher?
QUOTE: s Google a publisher? Or is Google simply a displayer of links? Are these two things the same?...An Australian high court has found Google liable for libelous content tying a man to organized crime. Of course, Google didn’t create the article that made the references, it simply provided a link to it within its search results.
WebProNews Oct 23, 2012 Italian scientists resign over L'Aquila quake verdicts
QUOTE: Earthquake experts worldwide expressed shock at the manslaughter convictions of six Italian scientists who failed to predict the deadly L'Aquila quake, warning that the decision could severely harm future research. Two scientists resigned their posts with the government's disaster preparedness agency Tuesday after a court in L'Aquila sentenced six scientists and a government official to six years in prison.
CNN (Cable News Network) Aug 07, 2012 Texas Executes Man With IQ of 61
QUOTE: If 54-year-old Marvin Wilson is put to death on Tuesday, it will not be because Texas denies that he is intellectually disabled, or as the legal literature puts it, “mentally retarded.” This much, the state recognizes. It just does not believe that Wilson is disabled enough not to be executed in Texas—a flagrant violation of the 2002 Supreme Court ruling in Atkins v. Virginia, which held that “the mentally retarded should be categorically excluded from execution,” period.
Nation Jul 25, 2012 Are cruise lines 'dumping' sick passengers?
QUOTE: I asked Royal Caribbean about its policy on dropping off passengers and whether the Claussens could have done anything differently. It declined to answer. Walker says that cruise lines keep their policies on emergency care confidential.
Seattle Post-Intelligencer Mar 15, 2012 Virginia Tech to review negligence verdict in 2007 shooting rampage
QUOTE: Virginia Tech plans to consider all its options after it reviews a jury verdict that found it was negligent in a 2007 shooting rampage that left 33 people dead, including the gunman....Virginia Tech failed to notify students early enough following the discovery of two shooting victims at West Ambler Johnston dormitory.
CNN (Cable News Network) Mar 13, 2012 Rage grows over mortgage deal
QUOTE: As more details emerge about the massive $26 billion foreclosure settlement between the five biggest mortgage lenders and the states' attorneys general, a growing number of borrowers are realizing that the deal will do little, if anything, to help them out.
CNN (Cable News Network) Feb 29, 2012 Is It Really My Fault if You Don’t Pay Me? (Boss Blog)
QUOTE: It is certainly true that when you extend credit, you take some risk that you will not get paid. But Mr. Benjamin seems to be saying that it is all the creditor’s fault and the debtor bears no responsibility. That just might be the grand daddy of entitlements. Is he saying that if you go into business, you are entitled to stick your creditors if they are stupid enough to continue to give you credit even when you might be in trouble?
New York Times Feb 10, 2012 The Afghanistan Report the Pentagon Doesn't Want You to Read
QUOTE: a bombshell piece about Lt. Colonel Daniel Davis, a 17-year Army veteran recently returned from a second tour in Afghanistan. According to the Times, the 48-year-old Davis had written an 84-page unclassified report, as well as a classified report, offering his assessment of the decade-long war. That assessment is essentially that the war has been a disaster and the military's top brass has not leveled with the American public about just how badly it’s been going.
Rolling Stone Feb 08, 2012 States Negotiate $26 Billion Deal for Homeowners
QUOTE: After months of painstaking talks, government authorities and five of the nation’s biggest banks have agreed to a $26 billion settlement that could provide relief to nearly two million current and former American homeowners harmed by the bursting of the housing bubble, state and federal officials said. It is part of a broad national settlement aimed at halting the housing market’s downward slide and holding the banks accountable for foreclosure abuses.
New York Times Jan 29, 2012 Words matter in Penn State perjury case
QUOTE: the story began with an assistant coach at Penn State, Mike McQueary, who testified that nearly 10 years ago he walked in on former coach Jerry Sandusky sexually abusing a young boy in the football team's locker room showers. McQueary, who was a graduate assistant at the time, said he had no doubt that he witnessed "severe sexual acts" that were wrong and "over the lines." Yet, as a transcript shows, each time McQueary's story was told it became less specific, until others at the end of the line reacted as if what he had seen was no big deal.
CNN (Cable News Network) Jan 25, 2012 In China, Human Costs Are Built Into an iPad
QUOTE: workers assembling iPhones, iPads and other devices often labor in harsh conditions, according to employees inside those plants, worker advocates and documents published by companies themselves. Problems are as varied as onerous work environments and serious — sometimes deadly — safety problems....More than half of the suppliers audited by Apple have violated at least one aspect of the code of conduct every year since 2007, according to Apple’s reports, and in some instances have violated the law.
New York Times Dec 26, 2011 Debate Persists on Deadly Flu Made Airborne
QUOTE: The discovery has led advisers to the United States government, which paid for the research, to urge that the details be kept secret and not published in scientific journals to prevent the work from being replicated by terrorists, hostile governments or rogue scientists. Journal editors are taking the recommendation seriously, even though they normally resist any form of censorship.
New York Times Dec 22, 2011 U.S. Report Faults Two Sides in Deadly Pakistan Strike
QUOTE: mistakes by both American and Pakistani troops led to airstrikes against two Pakistani posts on the Afghan border that killed 26 Pakistani troops. But two crucial findings — that the Pakistanis fired first at a joint Afghan-American patrol and that they kept firing even after the Americans tried to warn them that they were shooting at allied troops — were likely to further anger Pakistan and plunge the already tattered relationship between the United States and Pakistan to new depths.
New York Times Dec 19, 2011 Among Legal Ranks, Shrugs for Gingrich’s Tough Talk
QUOTE: Many of Mr. Gingrich’s proposals would replace the judicial independence generally thought to be a defining feature of the federal system with aspects of the political accountability associated with state judicial elections.
New York Times Dec 19, 2011 Exonerated of Murder, Texan Seeks Inquiry on Prosecutor
QUOTE: A Texas man wrongfully convicted in 1987 of murdering his wife is scheduled to be officially exonerated on Monday. That is no longer so unusual in Texas, where 45 inmates have been exonerated in the last decade based on DNA evidence. What is unprecedented is the move planned by lawyers for the man, Michael Morton: they are expected to file a request for a special hearing to determine whether the prosecutor broke state laws or ethics rules by withholding evidence that could have led to Mr. Morton’s acquittal 25 years ago.
New York Times Dec 17, 2011 In Strikes on Libya by NATO, an Unspoken Civilian Toll
QUOTE: NATO’s seven-month air campaign in Libya, hailed by the alliance and many Libyans for blunting a lethal crackdown by Col. Muammar el-Qaddafi and helping to push him from power, came with an unrecognized toll: scores of civilian casualties the alliance has long refused to acknowledge or investigate.
New York Times Dec 11, 2011 How to Fix Fact-Checking
QUOTE: The Standard piece offers up some genuine examples of faulty fact-checking in service of its tendentious argument. The problem with fact-checking is not that it’s a liberal media plot. The problem is that fact-checking – like everything – is sometimes a lazy, half-assed business.
Forbes Nov 29, 2011 Why we get mad at our husbands
QUOTE: We love our husbands -- but we're mad that we spend more mental energy on the details of parenting. We're mad that having children has turned our lives upside down much more than theirs. We're mad that these guys, who can manage businesses or keep track of thousands of pieces of sports trivia, can be clueless when it comes to what our kids are eating and what supplies they need for school. And more than anything else, we're mad that they get more time to themselves than we do.
CNN (Cable News Network) Nov 20, 2011 Officers Put on Leave After Pepper Spraying Protesters
QUOTE: The University of California, Davis, said on Sunday that two police officers had been placed on administrative leave after using pepper spray on seated protesters in a widely recorded encounter on Friday afternoon. Reflecting widespread anger over the police behavior...
New York Times Nov 09, 2011 What Occupy Wall Street got right: The problem isn't that Wall Street broke the rules to their own benefit, it's that the rules themselves are unhelpful.
QUOTE: Business leaders, the famous 1%, need to resist the urge to dismiss the whole [Occupy Wall Street] movement based on the scattershot and at times ill-conceived nature of the arguments on the placards. Our task is instead to parse the protest, understand the nature of the legitimate complaints that underpin the movement and to attempt to create smart remedies to those complaints.
CNN (Cable News Network) Oct 21, 2011 Cries of Anti-Semitism, but Not at Zuccotti Park
QUOTE: The Occupy Wall Street protests, now in their second month, have increasingly been criticized by a variety of groups, most of them politically conservative, for flashes of anti-Semitism....Jewish groups that have sensitive antennas for eruptions of bigotry have not criticized the protesters.
New York Times Sep 08, 2011 The Lingering Injustice of Attica
QUOTE: FORTY years ago today, more than 1,000 inmates at Attica Correctional Facility began a major civil and human rights protest — an uprising that is barely mentioned in textbooks but nevertheless was one of the most important rebellions in American history....more than 500 state troopers burst in, riddling catwalks and exercise yards with thousands of bullets. Within 15 minutes the air was filled with screams, and the prison was littered with the bodies of 39 people — 29 inmates and 10 hostages — who lay dead or dying.
New York Times Sep 04, 2011 Ex-Premier Faces Charges for Iceland’s Fiscal Woes
QUOTE: The dust from Iceland’s spectacular financial disaster — the failure of its three biggest banks and then the collapse of its economy in the fall of 2008 — had barely begun to settle when the country set about finding someone to blame... it is pursuing criminal charges against a politician, former Prime Minister Geir Haarde, for his government’s failure to avert the catastrophe.
New York Times Aug 12, 2011 Hidden archive exposes WWII slaughters
QUOTE: Between September 1943 and April 1945, the Nazis' calculated campaign of violence spared no one. In some cases, women, children and the elderly were viciously murdered alongside the men, as villages were overrun. "15,000 Italians were killed," said Dr. Gianluca Fulvetti, a historian who has published two books on wartime atrocities in Italy.
CNN (Cable News Network) Jul 31, 2011 Is terrorism against Israel really more justified than terrorism against Norway?
QUOTE: Norway is the most anti-Semitic and anti-Israel country in Europe today.
Aish HaTorah Jul 28, 2011 Useless Studies, Real Harm (Op-Ed)
QUOTE: In an age of for-profit clinical research, this is the new face of scandal. Pharmaceutical companies promote their drugs with pseudo-studies that have little if any scientific merit, and patients naïvely sign up, unaware of the ways in which they are being used.
New York Times Jul 15, 2011 Making Murder Count (Op-Ed)
QUOTE: cities pay a lot of attention to the Census Bureau’s annual population estimates, which take place between the decennial censuses. And when these come in lower than expected, many will fight hard to revise them upward...But, because the process is so politicized, it often results in significant overestimates.
New York Times Jul 06, 2011 Spain Confronts Decades of Pain Over Lost Babies
QUOTE: Prodded by grieving parents, Spanish judges are investigating hundreds of charges that infants were abducted and sold for adoption over a 40-year period. What may have begun as political retaliation for leftist families during the dictatorship of Gen. Francisco Franco appears to have mutated into a trafficking business in which doctors, nurses and even nuns colluded with criminal networks.
New York Times Jul 02, 2011 Some With Histories of Mental Illness Petition to Get Their Gun Rights Back
QUOTE: law passed by Congress after the 2007 massacre at Virginia Tech that was actually meant to make it harder for people with mental illness to get guns. As a condition of its support for the measure, the National Rifle Association extracted a concession: the inclusion of a mechanism for restoring firearms rights to those who lost them for mental health reasons.
New York Times Jun 30, 2011 Local Laws Fighting Fat Under Siege
QUOTE: Several state legislatures are passing laws that prohibit municipalities and other local governments from adopting regulations aimed at curbing rising obesity and improving public health, such as requiring restaurants to provide nutritional information on menus or to eliminate trans fats from the foods they serve.
New York Times Jun 30, 2011 Two Rulings Find Cuts in Public Pensions Permissible
QUOTE: Judges in Colorado and Minnesota have dismissed court challenges by retired public workers whose pensions had been cut — developments that may embolden other states and cities to use pension reductions as a tool to help balance their budgets.
New York Times Jun 28, 2011 DNA tests provide the poop on bad dog owners
QUOTE: among a growing number of apartment complexes implementing PooPrints. That's a program that matches samples of unclaimed dog waste to DNA collected through pets' mandatory mouth swabs in the hope of imposing greater responsibility among pet owners.
CNN (Cable News Network) Jun 24, 2011 LulzSec Hackers Make Enemies Online
QUOTE: After six weeks of attacks — and hundreds of sarcastic Twitter posts — a number of people, offended by the exposure of innocent Internet users’ personal information and irritated by the bravado, are working to stop LulzSec by investigating and revealing its members’ identities to the world, and especially to the F.B.I.
New York Times Jun 23, 2011 High Court sides with generic drug makers in narrow ruling
QUOTE: The justices in a 5-4 ruling said generic drug companies do not share the same level of responsibility as makers of brand-name equivalents, to update their warning labels when significant new risks emerge.
CNN (Cable News Network) Jun 21, 2011 Oversight Group Did Not Refer Housing Complaints
QUOTE: The federal agency overseeing Fannie Mae and Freddie Mac, the taxpayer-owned mortgage finance giants, failed to refer to criminal investigators and other authorities almost 100 complaints about possible foreclosure abuse and mortgage fraud at the companies over a recent two-year period, according to a report issued late Tuesday by the inspector general of the Federal Housing Finance Agency.
New York Times Jun 19, 2011 Some of Va.’s ‘Brown v. Board’ college grants go to whites
QUOTE: Half a century after many Virginia public schools shut their doors rather than accept black students, the state is offering college scholarships to compensate those whose education suffered in the era of “massive resistance” to desegregation. Among the recipients: white students.
Washington Post Jun 18, 2011 Lawyers and Accountants Once Put Integrity First
QUOTE: as our economy fitfully heals, it would be prudent to ask whether lawyers and accountants offer the same protection against corporate misconduct that they once did. Three or four decades ago, investors and regulators could rely on these professionals to provide a check on corporate risk-taking. But over time, attorneys and auditors came to see their practices not as independent firms that strengthen the integrity of capitalism, but as businesses measured chiefly by the earnings of their partners.
New York Times Jun 15, 2011 Watching the Detectives
QUOTE: Because the department ignores lawsuits, it cannot analyze or learn from them; instead, the city effectively writes off these suits as the extraordinarily high cost of doing police business. In contrast, a small but growing group of police departments around the country have found innovative ways to analyze information gathered from lawsuits. They investigate lawsuit claims as they would civilian complaints, and they discipline, retrain or fire officers when the claims are substantiated.
New York Times May 31, 2011 Pentagon to Consider Cyberattacks Acts of War
QUOTE: The Pentagon, trying to create a formal strategy to deter cyberattacks on the United States, plans to issue a new strategy soon declaring that a computer attack from a foreign nation can be considered an act of war that may result in a military response.
New York Times May 14, 2011 Your So-Called Education
QUOTE: Too many institutions, for instance, rely primarily on student course evaluations to assess teaching. This creates perverse incentives for professors to demand little and give out good grades....On those commendable occasions when professors and academic departments do maintain rigor, they risk declines in student enrollments. And since resources are typically distributed based on enrollments, rigorous classes are likely to be canceled and rigorous programs shrunk.
New York Times May 13, 2011 Divorce Lawyers’ New Friend: Social Networks
QUOTE: “No-fault does not mean that fault is irrelevant,” said Kenneth P. Altshuler, a lawyer in Portland, Me., and the president-elect of the American Academy of Matrimonial Lawyers. “It is when you are lying about money, when you show bad behavior in front of children, when there is untreated substance abuse. Facebook has made it very easy to show lack of credibility and that is what can win a case."
New York Times May 10, 2011 Killings and Rumors Unsettle a Libyan City
QUOTE: The killings, still unsolved, appeared to be rooted in revenge, the families said, and have raised the specter of a death squad stalking former Qaddafi officials in Benghazi, the opposition stronghold....potentially undermining hopes for a peaceful transition if Colonel Qaddafi surrenders power.
New York Times Apr 25, 2011 Why I am suing Washington City Paper
QUOTE: Simply put, this lawsuit is about the truth — and the need to correct the record, even when you are a public figure, when your character and integrity are falsely and recklessly attacked.
Washington Post Apr 20, 2011 The New Anti-Abortion Math
QUOTE: Terrible sex education programs and a lack of access to contraceptives leads to a huge number of births to poor women… The Texas baby boom… marches off to underfunded schools... One of the first things the cash-strapped Legislature tried to cut was family planning.
New York Times Apr 14, 2011 Colleagues Rebuke Gaza Report’s Author
QUOTE: (Three members of the United Nations panel say: “Had we given in to pressures from any quarter to sanitize our conclusions, we would be doing a serious injustice to the hundreds of innocent civilians killed during the Gaza conflict, the thousands injured, and the hundreds of thousands whose lives continue to be deeply affected by the conflict and the blockade.”
New York Times Feb 22, 2011 Workers Sickened at Apple Supplier in China
QUOTE: 137 workers at a factory here had been seriously injured by a toxic chemical used in making the signature slick glass screens of the iPhone... But in interviews last weekend, nearly a dozen employees who say they were harmed by the chemical said they had never heard from anyone at Apple.
New York Times Feb 15, 2011 Lawsuit Says Military Is Rife With Sexual Abuse
QUOTE: A federal lawsuit filed Tuesday accuses the Department of Defense of allowing a military culture that fails to prevent rape and sexual assault, and of mishandling cases that were brought to its attention, thus violating the plaintiffs’ constitutional rights...
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