Archive for May, 2009
Cryptogon Reader Sends Contribution
May 31st, 2009Thanks to FT for sending €10.
The Ultimate Lock Picker Hacks Pentagon, Beats Corporate Security for Fun and Profit
May 31st, 2009Via: Wired: Between stabs at his salad, Tobias hands me his latest idea of fun: nearly 300 pages of self-published hacker-porn detailing his attack on the allegedly uncrackable Medeco high-security lock. “Trust me, this will cause a goddamned riot!” he says, dabbing at tears of joy with a paper napkin. “Oh yeah, this is way, […]
And Now… Flu Vaccines in Corn
May 31st, 2009Via: Meat and Poultry: Iowa State University researchers are putting flu vaccines into the genetic makeup of corn, which may someday allow pigs and humans to get a flu vaccination simply by eating corn or corn products. “We’re trying to figure out which genes from the swine influenza virus to incorporate into corn so those […]
The Black World Has Black Fiber; Cut It and Black SUVs Show Up Within Minutes
May 31st, 2009You have to read to the end of the article to find out that the incident happened in 2000. Via: Washington Post: This part happens all the time: A construction crew putting up an office building in the heart of Tysons Corner a few years ago hit a fiber optic cable no one knew was […]
Government Motors: Majority of GM Bondholders Back Debt-for-Equity Deal
May 31st, 2009Via: Wall Street Journal: General Motors Corp. moved a step closer to what it hopes will be a smooth bankruptcy process after a majority of investors holding $27 billion in the company’s bonds agreed to forgive the debt for equity in the new company, people familiar with the situation said. A battle with the group […]
A Human Language Gene Changes the Sound of Mouse Squeaks
May 31st, 2009Via: New York Times: People have a deep desire to communicate with animals, as is evident from the way they converse with their dogs, enjoy myths about talking animals or devote lifetimes to teaching chimpanzees how to speak. A delicate, if tiny, step has now been taken toward the real thing: the creation of a […]
Loan Modifications: Redefault Rates May Reach 75%
May 31st, 2009Via: Wall Street Journal: A central tenet of Washington economic policy for the past three years has been that the key to ending the recession is stopping mortgage foreclosures, whatever the cost. Well, another new study shows that mortgage-servicing companies are having a terrible time of it, not least because the mortgages are continuing to […]
Rising U.S. Bond Yields May Spark Credit Crisis II
May 30th, 2009Via: Reuters: The global financial crisis may morph into a second, equally virulent phase where borrowing costs rise again, hobbling an embryonic economic recovery, debilitating cash-strapped banks, and punishing investors all over again. Early warnings signs of this scenario include surging government bond yields, a slumping U.S. dollar, and the fading of the bear market […]
Troubled Bank Loans Hit a Record High
May 30th, 2009Via: New York Times: OVERALL loan quality at American banks is the worst in at least a quarter century, and the quality of loans is deteriorating at the fastest pace ever, according to statistics released this week by the Federal Deposit Insurance Corporation. The report highlighted that even as the government and major banks have […]
$500 Off Coupon for MultiCharts Gold
May 30th, 2009In my recent post about being frugal, I wrote that I often wait for things to go on sale before buying them, and when they finally go on sale, I wind up talking myself out of going through with the purchase. Here’s a case in point: I received a $500 off coupon for some trading […]
