Archive for January, 2008
Gold Above $900 Again
January 24th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. UPDATE 08:25 GMT: GOLD $920 WEEEEE! Congratulations to everyone who caught the falling chainsaw in Cryptogon’s Reckless Speculation and Pachinko Lounge the other day! Wee! For anyone keeping track, the trade was based on several factors: 1) $850 was the previous […]
Cryptogon Reader Contributes $50
January 24th, 2008Thanks, IL.
Second Largest Bank in France Hit by €5 Billion Fraud
January 24th, 2008Should we laugh? Should we call bullshit? Should we recoil in horror? I’ve got it: “With traders like this, who needs CDOs?” Hee Hee Haar Haaaar Via: Telegraph: The French bank Société Générale stunned financial markets today by revealing that it had been the victim of one of the largest frauds by a rogue trader […]
Peak Oil Video Game
January 24th, 2008“As U.S. Army theorist Ralph Peters wrote, the effect of media on young men, in terms of reaching national security objectives, ‘is destructive beyond the power of words to describe.’” —Maxim Participates in Israeli Intelligence Operation Targeted at U.S. Men Wow. In addition to the push by corporate media to sell the nonsense meme of […]
Solazyme Introduces Its First Algal Biodiesel, Enters Development Agreement With Chevron
January 24th, 2008Via: Green Car Congress: Solazyme, Inc., a synthetic biology company formed in 2003 to pursue biofuels from microalgae, is introducing Soladiesel, its first algal biodiesel, which has undergone road testing in a blend by powering a Mercedes-Benz sedan for long distances under typical driving conditions. Solazyme also announced that it has signed a feedstock development […]
Red Cross Warns of Gaza Crisis
January 23rd, 2008Via: AP: The international Red Cross issued a dire warning on the state of basic services in Gaza on Tuesday, calling on Israel to lift a blockade it has imposed in response to increased rocket attacks by Palestinian militants. Israel eased the siege for a day on Tueday, allowing in shipments of fuel and medicine. […]
Pentagon Explores ‘Human Fear’ Chemicals; Scare-Sensors, ‘Contagious’ Stress
January 23rd, 2008Via: Wired: …the US Army is trying to track down and harness people’s smell of fear. The military has backed a study on the “Identification and Isolation of Human Alarm Pheromones,” which “focused on the Preliminary Identification of Steroids of Interest in Human Fear Sweat.” The so-called “skydiving protocol” was the researchers’ method of choice.
George Bush and White House Issued 935 False Statements About Iraq Following 9/11
January 23rd, 2008Via: news.com.au: US President George W Bush and other top officials issued almost one thousand false statements about the national security threat from Iraq following the September 11 attacks, according to a study by two not-for-profit organisations. The Associated Press reports the study, published on the website of the Centre for Public Integrity, concluded the […]
British Woman Prosecuted for Selling Vegetables Only by Pounds and Ounces
January 23rd, 2008Via: Wall Street Journal: London’s East End is notorious for its criminals, from serial murderer Jack the Ripper to mobsters the Kray twins. The latest candidate for this rogue’s gallery is Janet Devers, a 63-year-old woman who runs a vegetable stall at Ridley Road market. Her alleged crime: selling goods only by the pound and […]
California: Stunning Jump in Foreclosures
January 23rd, 2008Via: San Francisco Chronicle: Foreclosures and default notices skyrocketed to record peaks in California and the Bay Area in the fourth quarter of 2007, according to a report released Tuesday. The information was a fresh reminder that the slumping real estate market is continuing to have a serious impact on homeowners, particularly those with risky […]
