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Derivatives tripped up regulators: Geithner

in Sox First, on July 11, 2009

... exotic and opaque derivatives market, something that's long overdue. Let's face it, the US Government wasn't even aware of how serious a problem it's been. Associated Press reports ...

Carbon market bonanza for accountants

in Sox First, on July 10, 2009

...rers. As CFO.com explains, carbon disclosures and trade will open an entirely new market. The US Government will be either auctioning off or handing out allowances to allow companies to spew out th...

Virginia Nanotechnology Park Moves Forward

in Nanotechbuzz, on July 9, 2009

...ce of Economic Development found that Virginia led the Southeast in National Science Foundation grants for basic nanotechnology research from 2003 through 2007 with 187. Virginia Tech and nearby ...

The Mercedes Folding Bike

in Wangtam, on July 9, 2009

...• President Obama's first 167 days • Online attack hits US government Web sites • No thanks Google, we've got Ubuntu • Eleven Questions About Google's Chrome OS • Google's PDF...

Why it matters if your neighbor's struggling to pay the mortgage

in The Mortgage Roadmap, on July 9, 2009

... You might not want the federal government to bail out your neighbors who took out bad mortgage loans and now can't pay their monthly bills on time. Most of them were greedy, you might say. ...

Let's Retire F1's Bernie and Max Before it's Too Late

in carzz.org, on July 8, 2009

...nt Max Mosley, one-time fascist leader Oswald Mosely's son, would make a good prime minister. Government officials in Germany have already canceled meetings with Ecclestone, while some have spec...

The Goldman Sachs-Rolling Stone slugfest

in Sox First, on July 3, 2009

...biggest and most audacious bubble yet." He talks about how Goldman honchos infiltrated the US Government. Names include former Bush treasury secretary Henry Paulson and Bill Clinton's former...

The Mother of all Dashboards

in The CIO Weblog, on July 1, 2009

...mpressive piece of work detailing spending and performance on almost 40 billion dollars worth of US government IT projects and I think "Hey, this is a really big deal... if the government can pul...

Madoff gets the max! What now?

in Sox First, on June 30, 2009

...f 100% or more, redirected from other people's money. You can bet they'll be targets of the government's continuing investigation. And then again, Madoff's wife Ruth might be looking a...

Would you walk away from your mortgage loan?

in The Mortgage Roadmap, on June 29, 2009

...financial obligations. We have to remember that no one forced anyway into owning a house. Yes, the government promoted home ownership as the American ideal. And, yes, mortgage lenders and real estate...

Firefox 3.5 Release Candidate 3

in Wangtam, on June 26, 2009

• Firefox 3.5 Release Candidate 3 • ♪ 放手 • Google Takes On Tourism With City Tours Experiment • Yep, iPorn Is Here For The iPhone • The Power of Word in Outlook • CBS Interactive's Smith On Authentication: '70 Billion Reasons To Make This Work' • Hedge fund managers betting ...

Did Sonia Sotomayor's mortgage views help send county into recession?

in The Mortgage Roadmap, on June 23, 2009

...rned their buyers against purchasing a home that just might be too pricey. And don't forget the government officials who did nothing to stop this, or the members of the media who gleefully wrote s...

Freistaat Bayern hat eigenen CIO

in Das CIO Weblog, on June 22, 2009

... Das berichtet auch die Computerwoche und weist auf die Zusammenlegung der Bereiche IT und E-Government hin: Zu Pschierers Aufgaben zählen die IT-Strategie und die Koordinierung von IT- verfahren...

Bankers' pay soars despite crisis

in Sox First, on June 22, 2009

...d despite Dresdner being sold to Commerzbank as part of a rescue package put together by the German government. As Bloomberg's Ann Woolner notes, they should be offering apologies instead of dem...

Directors warned about greenwash

in Sox First, on June 22, 2009

...lueScope Steel - had misled investors with their claims about the negative impact of the Australian Government's Carbon Pollution Reduction Scheme which paves the way for an emissions trading regi...

Digital Britain on Filesharing

in P2P File Sharing, on June 21, 2009

...ot;Nicholas Lansman, the secretary general of the ISP Association , said the group was pleased the government had ruled out introducing legislation to force internet companies to disconnect persisten...

Jammie Thomas-Rasset Hit With $1.92 Million Fine

in P2P File Sharing, on June 21, 2009

© mira66 The jury in Jammie Thomas-Rasset's filesharing trial this week found the defendant guilty of downloading 24 songs from Kazaa, and hit her with a $1.92 million fine — or $80,000 per song. But The Inquirer's Egan Orion says this is just the beginning. "This tr...

CIA recruits bankers

in Sox First, on June 19, 2009

...ncing and procurement of weapons of mass destruction, money laundering and corruption among foreign governments and companies". "Candidates with a bachelor's or master's degree in e...

Do you trust the government to protect you from mortgage lenders?

in The Mortgage Roadmap, on June 18, 2009

... Do you have faith that the government can protect you and other borrowers from bad mortgage loans pushed by shady mortgage lenders? If you answered "yes" to this question, you'll be...

Climate change impacts

in Sox First, on June 18, 2009

...as insurance. Nothing we didn't know already. What's significant is that this is a major US Government document that spells it out so clearly. After years of inaction and incompetence from the...

Apple Updates its Software While the Government Rethinks Law

in The Mobile Technology Weblog, on June 17, 2009

...r texting, emailing and browsing the Internet sometimes for work, sometimes for personal use. The government now says the law should be scrapped altogether. ...

Does owning a home have to be the American Dream?

in The Mortgage Roadmap, on June 17, 2009

...e or she has no other choice or hasn't yet figured out that owning is a far better option. The government, too, is complicit in this. During the Clinton and Bush administrations, the homeownershi...

IBM's confusing cloud strategy

in The CIO Weblog, on June 15, 2009

...s cloud strategy, the company said, is the culmination of 100 prototype projects with companies and government agencies over the last year, and its research partnership with Google. Yeah... difficul...

Will rising mortgage interest rates stop housing recovery?

in The Mortgage Roadmap, on June 11, 2009

Mortgage interest rates are still pretty low. But they are rising. That has some economists worried. They're wondering whether increasing mortgage interest rates will slow or even halt the modest recovery that the housing market is now experiencing. Of course, anything that slows down hous...

Digital Transition Is Looming and Many Aren't Ready

in The Gadgets Weblog, on June 11, 2009

...d. In Feburary, the transition was supposed to happen, but no one was ready - not even the Federal Government. At the time, there were 5.8 million households unprepared so the number has shrunk, but ...

Swine flu and crime

in Sox First, on June 10, 2009

..."Criminal groups may also seek to infiltrate legitimate markets such as transport, finance and government sectors to help facilitate criminal activity and confuse the line between their illegal a...

Will the Volt save GM?

in Sox First, on June 10, 2009

... one thing. With the US taxpayers now holding 60% of the company, the Volt will be backed by the US Government....

Aneesh Chopra, Chief Technology Officier

in The Search Engine Weblog, on June 7, 2009

...t has probably occurred to many of you: What exactly does a Chief Technology Officer for the U.S. government do , anyway? Part of the confusion is that there's also a new Chief Information Off...

Banks fight to keep accounting tricks

in Sox First, on June 6, 2009

...l be the losers. And with the Fed reportedly uneasy about the accounting change, it looks like US Government will want to repeat the same mistakes that plunged global markets into a crisis....

Renewable energy and the recession

in Sox First, on June 5, 2009

...ng 2008, reaching a total of $120 billion. What's driving this? It's coming very much from governments bringing in new policies and setting new targets. Europe, for example, has a target to g...

Rising healthcare costs put strain on homeowners

in The Mortgage Roadmap, on June 4, 2009

...o make those monthly mortgage payments. Right now, the hope lies with Barack Obama and the federal government. Obama has made reforming the health-insurance industry a priority. The public is behind ...

What next for GM?

in Sox First, on June 4, 2009

...s. He also wants tax incentives to encourage more people to buy hybrid cars. It's unlikely the government will listen to Moore and Makower. But the GM crisis could be a real opportunity. And no c...

Blame the recession on Reagan: Paul Krugman

in Sox First, on June 1, 2009

...gage in best case economic scenarios. The big difference of course is their view about the role of government. And if nothing else, this crisis marks a punctuation point in global history. The Reagan...

Batteries Get Stimulus Grants

in IfEnergy, on May 27, 2009

... VentureBeat pointed out last week that $2 billion worth of federal grants were being awarded to battery makers in the near future. Grants will run between $100 million and $150 million. The deadli...

Loan modifications not always helping homeowners

in The Mortgage Roadmap, on May 26, 2009

...eet Journal, looks at the success of loan modifications. These are an important part of the federal government's efforts to halt foreclosures. Basically, they involve mortgage lenders working clos...

Krugman, Soros and Roubini: how to fix the crisis

in Sox First, on May 26, 2009

...ul Krugman and Nouriel Roubini. Krugman says he is concerned about the long run solvency of the US Government, racking up massive a massive deficit to save the economy. It is a finely balanced thing,...

National Venture Capital Association: Suggestions and Blind Spots

in TJ's Weblog, on May 25, 2009

...ing summed up the NVCA's suggestions: Mr. Doll asked that "both the private sector and the government address the breakdowns that have occurred within their respective systems," to solve...

Entering an Era of Virtual Currencies?

in Bizinformer, on May 23, 2009

...s about money are bleeding over into virtual worlds. Second Life closed its casinos rather than see government regulators invade their cyberworld. There have been other examples. The issue of virtual...

Microsoft Shuts Off Windows Live Messenger IM For Users In Countries Embargoed By The US

in Wangtam, on May 22, 2009

...nswer netbook market with $500-$700 tablet - report • U.S Government Launches Data.gov Open Government Initiative • Analyst: An Apple tablet is coming to shake up netbook market • Gmail Magic In...

Tweeting Too Hard

in Wangtam, on May 21, 2009

...• Palm Pre to run $549 off-contract • Open Source Developer Intends To Block Belgian Government From Using His Technology Over Tax Dispute • Report: iPhone Applications Are Getting Cheaper • Lo...

Merced County California Looking for Entrepreneurs

in TJ's Weblog, on May 21, 2009

...As unemployment rises and economic growth continues to decline or sit stagnant, many local governments are asking themselves how they can encourage and attract entrepreneurs. Among them, according to ...

The refi money is still flowing

in The Mortgage Roadmap, on May 21, 2009

... There's one benefit to the still slumping housing market: The government has consistently made moves that have resulted in lower mortgage interest rates. This means that buyers who qualify f...

Will credit card bill stall mortgage foreclosures?

in The Mortgage Roadmap, on May 20, 2009

...onth. That's the highest this rate has stood since RealtyTrac began keeping track in 1995. The government, spurred on by Pres. Barack Obama, are now getting in on the act. Earlier this week, the ...

US and China: the drug dealer-addict relationship

in Sox First, on May 20, 2009

...eir dysfunctional relationship. The frequent flares of social unrest in China could spread, and the government could decide that its short-term problems take precedence over its long-term ones. It mig...

How bad is the housing market? That depends

in The Mortgage Roadmap, on May 19, 2009

...ld 458,000 new homes this year. This is the lowest amount of new residential construction since the government began keeping track of new homes in 1959. This means it's still more than possible &...

Cashing in on the disgust with banks

in Sox First, on May 19, 2009

...ncial backing. Virgin Money is also said to be interested in acquiring Northern Rock if the British Government decides to flog it. Just what will it do to banking? Probably not much at the outset, bu...

Will federal mortgage loan assistance hurt your credit rating?

in The Mortgage Roadmap, on May 18, 2009

...For homeowners struggling to make their mortgage payments, the federal government's new Making Home Affordable program — which lets homeowners refinance their existing mortgage loans or mo...

Bad retail figures expose recovery myth

in Sox First, on May 14, 2009

... Nobel Laureate Paul Krugman warns that the US faces a decade of stagnation because of the US Government's wimpish "half-measures". Writing in Forbes , economist Nouriel Roubini ...

Downturn easing without recovery

in Sox First, on May 12, 2009

...a long way off from having a robust recovery and that we can expect more losses. "The American government ... is betting on muddling through: the Fed's measures and government guarantees mean...

Gorton: LimeWire Is Secure

in P2P File Sharing, on May 11, 2009

... In response to a government investigation, Lime Group chairman Mark Gorton has sent a letter to the House Committee on Oversight and Government Reform stating that LimeWire 5 is "th...

The 60th Anniversary of the People's Republic of China is Making China Visas Hard to Get

in Global Mobility Report, on May 10, 2009

...ompany so you can get a Z visa (employee). Three, and probably most important, is that the Chinese government will nearly always place politics and stability over economics. ...

GAO slams SEC

in Sox First, on May 9, 2009

...g him get away with his fraud for some time. It failed to do its job and protect investors. Now a Government Accountability Office (GAO) report shows us why that happened and how badly it was run u...

Bankroll blues

in Sox First, on May 7, 2009

...he banks are in the political system and how close they are to politicians. Is it any wonder the US Government won't crack down on them? First comes its report showing that that the top 25 orig...

An End to Tax Havens?

in Bizinformer, on May 5, 2009

...ng the loopholes brings us one step closer to real tax reform. Whatever your fiscal philosophy of government, it's hard to argue against a level playing field in which everyone pays under the sam...

Animal Spirits by George Akerlof and Robert Shiller

in Sox First, on May 4, 2009

... a contagion, building on itself in the same way as Keynes "multiplier" for the impact of government stimulus packages. "Epidemics of confidence or epidemics of pessimism may arise myst...

Lawyers cash in on Chrysler bankruptcy

in Sox First, on May 2, 2009

...urt battles as Chrysler lenders object to the move into Chapter 11 bankruptcy protection under the government brokered deal. That's likely to delay any recovery plan. And who will be the winners...

Chrysler's Italian job

in Sox First, on May 1, 2009

...support, Chrysler is now pinning its hopes on a restructure with three new principal owners: the US Government which says it will keep its nose out of day to day operations, the United Auto Workers un...

Taiwan Approves Three-Strikes Law

in P2P File Sharing, on April 30, 2009

... © Erik Charlton The Taiwanese government this week approved an amendment to its copyright laws, targeted specifically at P2P users. "The amendment makes it a crime to use P2P technology ...

A piece based on the social activites by Infosys

in Audeamus - How dare we..., on April 30, 2009

...hropy was well established in India from the 1920s, but the 50s saw it fall into disuse because the government's stifling licence-raj policy made it hard even to give to charity. All this while, t...

Nouriel Roubini: we're not even at the bottom yet

in Sox First, on April 27, 2009

...g or middle of next year." Roubini says we are in the middle of U-shaped recession and the US government has no alternative but to nationalize banks. What's equally as concerning is his ina...

Big bonuses at imploding banks

in Sox First, on April 26, 2009

...6% saying their bonuses are bigger than last year. That includes UBS which despite gettiong a Swiss government bailout is paying its "star" 15-20% more. Until the banks are sorted out, the ...

One more step to bank nationalization

in Sox First, on April 24, 2009

...hat money. Surely not private investors. Earlier this week, I did a blog entry suggesting the US government was moving in the direction of nationalizing the banks via the back door. This is unfortu...

Italy in the Spotlight Over Hardline Immigration Policies

in Global Mobility Report, on April 24, 2009

... human rights watchdog on Thursday expressed "deep concern" over the conservative Italian government's hardline immigration policies, including plans to make illegal immigration a crime ...

Russischer Präsident startet Weblog

in Creative Weblogging Deutschland, on April 23, 2009

...eo posted on LiveJournal, a popular blogging community, President Dmitri Medvedev says the government should create favorable conditions to allow maximum access to Internet services across Russia. D...

Are economists to blame for the financial crisis?

in Sox First, on April 23, 2009

.... It's hard to go past this piece in the Weekly Standard by Harvey Mansfield , a professor of government at Harvard, which places the blame firmly on the doorstep of the dismal science. Basicall...

Gates Foundation World Malaria Day Blogger Teleconference

in Straightfromthedoc, on April 23, 2009

...Pradipsinh Rathod, Professor, University of Washington Drs. Marka, Foy and Rathod received GCE grants during the first round of GCE funding. Now six months into their 1-year grant, the researchers...

TARP fraud investigations

in Sox First, on April 21, 2009

...se people are breaking the law even while they are being bailed out. And the problem is that the US Government is making it worse with its lack of oversight and not even knowing all the parties involv...

Back door bank nationalisation

in Sox First, on April 20, 2009

...y looking at how the Obama administration was opening the door to nationalizing banks where the US government is repaid with common stock giving it a stake in the business. Now the New York Times re...

Hope, greed, fear and the financial crisis

in Sox First, on April 16, 2009

...nd, the perpetrators of the disaster need to be brought to account and the public needs to see that governments and business leaders need to behave responsibly from now on. But what's really need...

Is the US becoming like Russia?

in Sox First, on April 15, 2009

...is piece in the Atlantic Monthly argues that the finance industry has effectively captured the US government. "Wall Street is a very seductive place, imbued with an air of power. Its executives...