Financial Innovation = Creative Counterfeiting Schemes by Wall Street

The new Sanity Check blog by Bob O'Brien is out. He gives us his take on the subprime meltdown. For those who get befuddled by the convolutions used to explain how they first naked short the stock and then naked short the bonds, using cdos, tranches etc, he included a picture...

Moving the Earth: a planetary survival guide

"The clock is ticking inexorably toward doomsday even if we don't kill ourselves by poisoning the environment or overheating the planet. You see, there's a little problem with the Sun."

Porcelain veneers could ruin your teeth, your smile... and your life

"Porcelain veneers are the quick-fix route to a perfect Hollywood smile, we're told  -  they'll fit over your own teeth like false fingernails, hiding all manner of imperfections and giving your mouth...

Russian army trains for Arctic resource war

OpinionBarry Artiste, Now Public Contributor\Well as long as they stay on their side of the arctic, Canada most likely would not act.  The United States may do that for us.  Funny the world powers are...

Malkin to Russia?

On the day of the 2008 NHL Entry Draft, the Pittsburgh Penguins may have another pressing concern to deal with.According to a report in the Toronto Star, forward Evgeni Malkin has been offered multi-year contracts...

William Shakespeare first folio gets £435,250

What is arguably the most important book in the history of English literature, a rare first folio of Shakespeare plays, has sold for almost half a million pounds at Christies."Only 200 examples of the book,...

German Parents Post Baby on eBay for 1 Euro

"Authorities in southern Germany said Saturday they have taken custody of a 7-month-old boy after his parents posted an ad on eBay offering to sell him for one euro, the equivalent of $1.57.Peter Hieber, a...

Parents try to sell baby on eBay

"BERLIN, Germany (AP) -- Authorities in southern Germany said Saturday that they have taken custody of a 7-month-old boy after his parents posted an ad on eBay offering to sell him for one euro, the equivalent of $1.57. Peter Hieber, a spokesman for police in the Bavarian...

Billionaire oilman backs wind power

" Billionaire oilman T. Boone Pickens is sinking billions of dollars into a new wind farm in Texas. It is likely to become the biggest in the world, producing enough power for the equivalent of 1.3 million homes....

Microsoft software brings universe down to Earth!

Microsoft wants to maketravelling the "final frontier" as simple as turning on yourcomputer." The world's largest software maker launched a free softwareapplication called WorldWide Telescope on Monday that...

New Playstation 3 Game Bad Company preview and interview with Multiplayer Pro...

"Last week, Electronic Arts held a showcase for its latest titles, jamming journalists into a small Islington studio, where we sat on an exciting revolving auditorium that juddered round to face the various game demos in turn. Each title got its own stage area, sort of like a...

Drink-drive offenders could keep licences

Current alcohol limits for driving in the UK are currently under review, it has been learned."Drink drivers would no longer automatically lose their licences undergovernment plans to lower the alcohol limit for motorists to the equivalentof less than a pint of beer or glass...

The Mac world and its discontents - Psystar to sell a $399 Mac clone

While we in the realm of PC are used to this sort of thing it's pretty likely this is a bit unsuspected in the Mac world."Miami-based Psystar has begun selling a new computer that it says will run Mac OS X Leopard — in other words, a Mac clone. The company is touting the...

Canada is deciding next US President

The involvement of the Canadian government in determining the Democratic challenger to Bush's successor is pretty remarkable."The NAFTA-Gate controversy has taken another turn, one that could potentially boomerang...

Multiple 9/11s every day of the year

"Multiple 9/11s every day of the year Almost 10 million children die needlessly every year.Why is there no war on this terror?by Shreeram Krishnaswami" "Another child will die in the time it takes to read this sentence. And the death of that child, a child who had a...

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