The astronaut husband of wounded Rep. Gabrielle Giffords will head to space in April, a decision announced almost one month to the day that his wife was shot in the head. (Feb. 4)
Continue reading …I think we can safely say that the preponderance of the evidence indicates that the Wall St. bankers are an outright criminal class. Does anyone other than Jamie “bankers, bankers, bankers” Dimon still say otherwise? It’s time we stopped talking about whether they’re criminals and started insisting that these people go to jail: J.P. Morgan Chase & Co. ignored or dismissed warning signs about the Madoff fraud even as it earned hundreds of millions of dollars from its relationship with his firm, according to a lawsuit unsealed Thursday. J.P. Morgan Chase stood “at the very center” of Bernard Madoff’s fraud, according to a lawsuit unsealed Thursday. Michael Rothfeld has details. The $6.4 billion lawsuit, filed in federal bankruptcy court, claims that bankers at J.P. Morgan discussed the possibility that Bernard Madoff was operating a Ponzi scheme, worried that a firm of such size was audited by a storefront accountant and called his returns “too good to be true.” “While numerous financial institutions enabled Madoff’s fraud, JPMC was at the very center of that fraud, and thoroughly complicit in it,” according to the 115-page lawsuit, filed under seal in December by Irving Picard, the trustee seeking to recover money for Mr. Madoff’s victims and made public on Thursday. J.P. Morgan said in a statement that the lawsuit “is meritless and is based on distortions of both the relevant facts and the governing law.” The bank said it “did not know about or in any way become a party to the fraud orchestrated by Bernard Madoff.” The complaint seeks the return of nearly $1 billion in J.P. Morgan’s profits and fees, and $5.4 billion in damages. It goes into great detail about the bank’s alleged efforts, starting in about 2006, to make money by offering products tied to Mr. Madoff through investment funds that fed money to him. J.P. Morgan only reported its suspicions of Mr. Madoff to British authorities in late October 2008, two months before he surrendered, the lawsuit said. In a suspicious activity report filed with Britain’s Serious Organised Crime Agency, the bank said the performance of Mr. Madoff’s investments appeared to be “too good to be true—meaning that it probably is.” Even that warning was made in passing, the lawsuit said. It came after a London employee of J.P. Morgan was threatened while trying to redeem the bank’s money from a Madoff-related fund by a fund employee who mentioned having “Colombian friends” who could “cause havoc,” adding, “we know where to find you.”
Continue reading …Reddit users are a bit red in the face after launching a crusade against an alleged scammer—who turned out to be a real 21-year-old college student fundraising for cancer. The student, who is shaving her head to raise money for children’s treatments, had too many apparent red flags, including…
Continue reading …Working long hours during high school may hurt a student’s performance and behavior, but cutting back on hours isn’t enough to solve the problem.
Continue reading …Ahdaf Soueif looks back on a week of deceit and violence in Egypt – and finds it has also been a week of hope and democracy in action As you start reading this, you will know something I don’t: you will know how this day – Friday 4 February – has turned out for us. I’m writing this at 7am. I slept in my brother’s house last night, so now I’m hearing different patterns of birdsong and muffled conversation from the street. The renewed pro-democracy protests are set to start soon and we shall all make our way to Tahrir Square. We shall be families – with the young people in the lead. We’ve called friends who’ve spent the night in the square. They say everything’s quiet. On Thursday the new vice-president said the protests had to end. And the new prime minister stated he had no idea how violence came to happen on Wednesday in Tahrir, but that it would be investigated and, meanwhile, he was apologising to the people. And meanwhile, also, the government’s battalions of violent-crime-record personnel and plainclothes security forces were being moved around the city, yelling and brandishing banners and weapons and confronting protesters. But let’s do this in sequence. These are short extracts from my diaries of these days … Friday 28 January The protests have been going for three days – but I’ve just come to Cairo from Jaipur and this is my first. I walked through the streets of Imbaba with a small group of activists clapping and chanting. As people look down from balconies they wave at them: “Come down from the heights / come and get your rights.” People wave back. For two hours we walk the neighbourhood chanting against corruption, unemployment, sectarian division, fear. “We’re your kids, we’re part of you / What we’re doing is for you.” By the time we head to Tahrir Square, the focus of the protests, we are five thousand. As the protests from every quarter approach Tahrir the Central Security Forces start using teargas, rubber bullets, shotguns and live ammunition. They turn the march into a battle. Much of the ammunition is marked ‘made in the USA’. This is not a surprise but is noted and commented on by everybody. The internet and all mobile communications have been cut off. Saturday I am so amazed and touched by the field hospital at the back of Tahrir Square. The young doctors, male and female, are professional, dedicated and sympathetic. The injured are polite and so brave. Volunteer private cars ferry critical cases and bring in supplies. The government has removed police and all security from the streets and neighbourhoods are policing themselves. Young people have formed neighbourhood watches and are guarding their areas. They’re having fun, inventing barricades and passwords, checking IDs and ushering you through with a theatrical flourish. Everyone – particularly women – are talking about how much safer they feel with the police off the streets. Sunday One of my sons has been trying to get back from DC and today succeeds – after a last minute panic when the plane was turned back to Athens. It takes three and a half hours to make the half-hour journey from the airport as the army have blocked the tunnel bypassing President Mubarak’s home, where he doesn’t live. In the evening we go to the square. No police in sight and the army and young volunteers guarding the entrances. There’s music and food and water and camp fires and debates and universal courtesy. The government has closed down the banks, schools, offices. They’re bringing the country to a halt and pretending the protests are somehow doing it. Tuesday 1 February Today is the “million person protest” and the atmosphere in the square is brilliant. We look like people who’ve woken up from a spell, a nightmare. How many are we? In the square there are hundreds of thousands. Across Egypt, the military estimate 4 million out on the streets. And the watchword everywhere is “silmiyyah” (peaceable). We say to each other, how did they divide us? How did they make us think badly of our youth, of each other? We revel in the inclusiveness, the generosity, the humour that comes so easily to us. People offer each other food and drink, people chat, people pick up litter. Streetsweepers, businessmen, waiters, academics, farmers, we are all here together. There is no going back. Wednesday I’ve woken up with a cold and sore throat. Spend the day doing radio interviews in my pyjamas. My son calls from Tahrir to say that something’s different. There are no civilians on the checkpoints and the military are not checking people any more. No bags are searched. Truck-loads of government thugs are being delivered to the entrances to the square. I write and talk to the media. My voice is practically gone. My doctor aunt gives me lozenges with cortisone. My son calls and says government thugs are attacking. He describes battles at the entrances to the square. Young men and women forming defence lines to fight off the thugs. Trucks supplying the thugs with weapons and lasers shone at the protesters. A clinic set up and running. Thugs caught and handed unharmed to the army – that stands by doing nothing. I’m supposed to speak to Channel 4 News. I ask if they’ll send me a car but they say the situation is too dangerous for them to take the responsibility of transporting me. So I transport myself. And when we’re finished Jon Snow walks me back to my car. The Battle for Tahrir is taking place not a hundred metres from where I’m parked. Somewhere in there my nieces are manning communications with the outside world, my son is filming the fighting, and various friends are variously deployed. How many ways can this government disgrace itself? The area between the Egyptian Museum and the Rameses Hilton has become a badlands. They’ll tear up the country rather than depart? Thursday I’ve woken up much better and the net’s working although it’s slow. Our mobiles work but without messages. We all phone to check up on each other. The grocer calls to ask if we need anything and we ask for bread, milk, tea, eggs and so on. The laundry delivers ironed curtains I’d taken down and washed in a fit of euphoric physical activity on Monday. I hang them. For those of us not spending 24-hour days on the square it seems to be necessary to maintain a level of normalcy: our revolution likes fresh curtains. Heading for the square today the mood is grim; we feel we should move in groups. Several of us arrange to park and meet by the Opera House; from there it’s a short walk across Qasr el-Nil Bridge to the square. The street is lined with parked cars. Everyone walking to Tahrir is carrying something: blankets, cartons of water, medical supplies. Lots of us are taking mobile charge cards. As we get to the middle of the bridge we’re approached by three men and we know from their body language they’re not friends. We automatically form into a tight phalanx. They’re trying to grab the blankets and first aid bags and shouting that we have to be searched, that these things have to be delivered to an “official station”. We shout louder. In fact we scream: “Get away from us! Get away from us!” This is the first time I’ve screamed in the streets. I think it’s the first time I’ve even said these words. We’re holding on to our supplies and on to each other and we keep moving. My sister (a professor of maths at Cairo University) hits the man who’s trying to grab her bag. We’ve just had news that her husband, Ahmad Seif, and several of his lawyer/activist colleagues have been grabbed from the Hisham Mubarak Legal Centre where they provide support for political detainees and a hub for other humanitarian organisations. We don’t know where they’ve been taken. My sister says Ahmad had told her that if this happened we should not spend time looking for them but should concentrate on holding Tahrir and making the protests work. Activists run forward from the square to help us and we reach the young people’s checkpoint and are thoroughly and politely searched: men by men, women by women. Two army soldiers stand by. A young activist asks us to give them blankets; he says they’ve been there for two days with no cover. They demur but take the blankets. In the square the mood is sober, determined, indignant. The disinformation, the smears being spread by the government are hurting – perhaps more than the wounds and bruises so many people are carrying. Now I properly understand why revolutions need to seize radio and TV stations – you need to stop the other side lying about you. That this regime should dare to say that the protesters are agents of Israel, Iran and Hamas(!) beggars belief. This is what people are talking about. This, and that there’s no turning back. I’m meeting friends who live and work in London, in Brussels, in New York and Doha. We hug each other. We have all come home. I go to look at the front line of yesterday’s battle between the Egyptian Museum and the Franciscan School. The thugs have been beaten back but they’re regrouping. The clinic area hums with activity, and young men are standing at the edge of the square with linked arms to protect it. A woman sees me writing and says: “Write. Write that my son is in there with the young men. That we’re fed up with what’s been done to our country. That this regime divides Muslim from Christian. That it’s made people hungry. Our young men are humiliated abroad while our country is bountiful. But they’ve made it a country of corruption.” We get news that 39 more people have been taken. Among them seven of the young organisers – kidnapped from the street after a meeting with El-Baradei. A friend phones. She says many Egyptian Christians are fasting; fasting for victory. Friday I shall leave now for Tahrir Square. My family is already there. My son phoned and said it’s fine: the military are running checks and everything’s orderly. The questions that are being settled on the streets of Egypt are of concern to everyone. The paramount one for us today is this: can a people’s revolution that is determinedly democratic, grass-roots, inclusive and peaceable succeed? 8pm: The thugs have stayed in the side streets. The square is well defended, and has provided all day – as in the other two days of peace we have had – a space for debate. Many ideas for moving forwards are being articulated and discussed. What we have here is the opposite of a vacuum; we have democracy in action on the ground in Tahrir Square. We are full of hope and ideas, and our gallant young people are guarding our peripherary. A British journalist I met on the square told me she was privileged to have witnessed Tuesday. This, she said, is the ideal revolution that we never dreamed could actually happen. Well, here it is, and we shall do everything peaceable and decent to hold on to it. Ahdaf Soueif is the author of The Map of Love and many other books. She lives in Cairo and London Egypt Middle East Protest Ahdaf Soueif guardian.co.uk
Continue reading …Cancel that heebie-jeebie alert in Boston: A 3-foot boa that went missing on a subway train 6 weeks ago has finally been found and returned to her happy owner, reports WHDH-TV . The snake, named Penelope, turned up in the same set of cars where she first slithered away from her…
Continue reading …See? Obama still cares about climate change! Despite keeping largely silent on the issue over the last year or two, failing to speak up to save the climate bill from certain death in the Senate, and not giving it any mention at all during his State of the Union address , he still wants Americans to address climate change. He said so right here, in this widely-hailed speech to the thousands upon thousands of … students at Penn State University…. Read the full story on TreeHugger
Continue reading …As Washington continues to struggle with divisive political rhetoric, one group has been quietly making strides in the opposite direction: the 17 female senators. “We committed to maintaining a zone of civility here within the institution long before it became the chic thing to do,” says Barbara Mikulski, the longest-serving…
Continue reading …Click here to view this media Glenn Beck seems to be a little nonplussed that everyone is pointing and laughing at his typically GlennBeckian apocalyptic conspiracist take on the events in Egypt . On his Fox News show yesterday he basically doubled down: They were reacting with surprise afterwards, you know, like what? I’ve never heard that. Because she’s 100 percent wrong. First of all, that’s not the network’s theory. That’s not Fox’s theory. That’s my theory. My theory. And it’s not Van Jones or anything else. Let me ask you this, let’s start here. Since when is having a theory when you’re trying to figure out what’s going on a bad thing in America? And it’s really less theory than it is facts in their own words. But, just in case, let me show you what my “theory” is. And I stand by it. Everybody on the left, this is my theory and I stand by every word of it. Groups from the hardcore socialists and communist left and extreme Islam will work together because of the common enemy of Israel and the Jews. It’s not just capitalism, it’s not the United States, it’s your way of life in the West. And I stand by that. Groups from the hardcore socialist left and communism and extreme Islam will work together to overturn relatively — relative stability because in the status quo, they are both ostracized from power and the mainstream in most parts of the world. That’s — here, I’ll even put it up for you — Glenn’s theory. Here it is. Got it? That’s it and I stand by it. Is it so farfetched, really? Yes. This has been another edition of simple answers to simple questions.
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