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Changing the old system.

Diamond Censured Over Evidence in Barclays Libor Probe

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Bloomberg Business Week
By Howard Mustoe on August 18, 2012

Bob Diamond

Robert Diamond, former chief executive officer of Barclays Plc, center, leaves Portcullis House in London, on July 4, 2012. Photographer: Paul Thomas/Bloomberg

Barclays Plc (BARC) ex-Chief Executive Officer Robert Diamond was criticized for giving “unforthcoming and highly selective” evidence by a U.K. parliamentary report that faulted the bank for letting traders rig interest rates.

The “candor and frankness” of Diamond’s testimony to lawmakers on July 4 “fell well short of the standard that Parliament expects,” the House of Commons Treasury Committee said in a 122-page report today following its inquiry into the bank’s attempts to manipulate the London interbank offered rate.

Where has All the Money Gone?

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World Mysteries Blog 

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The World is Broke(n)!

by Dene McGriff

Money is in the news.  The Federal Government needs money.  The States are broke andneed more money.  Cities and counties are going broke.  Businesses are going broke and closing down.  Countries are going broke.  Banks are broke.  And “we the people” are broke.  But wait, isn’t that what bailouts are for? 

Book written in DNA code

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The Guardian home 

Geraint Jones Thursday 16 August 2012 19.45 BST 

 Scientists who encoded the book say it could soon be cheaper to store information in DNA than in conventional digital devices 

 

 

Two molecules of DNA
Book of life: DNA is the ultimate compact storage medium. Photograph: Alamy

Scientists have for the first time used DNA to encode the contents of a book. At 53,000 words, and including 11 images and a computer program, it is the largest amount of data yet stored artificially using the genetic material.

This Is How We Know The Shocking Facts About Spy Campaign 'TrapWire' Are True

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Submitted by Rain on

Business Insider
Michael Kelley, Aug. 17, 2012, 6:57 PM

mickey mouse

Flickr/ Loren Javier

Last week WikiLeakspublished internal emails from the U.S. private security firm Stratfor that describe a widespread surveillance network called TrapWire that was created and is run by former members of the CIA.

RT first broke the story about the system's staggering reach into the privacy of passersby and informative stories followed.

UK, Met involved in TrapWire scandal

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PressTV.ir
Tue Aug 14, 2012 4:50PM GMT

BGH/ UK govt. and police involved in scandal

BGH/ UK govt. and police involved in scandal
The British government and Metropolitan Police of London have been involved in a TrapWire scandal, which includes a controversial mass global surveillance network, a report has confirmed.

 

Emails released by WikiLeaks appear to show that the UK government and London’s Metropolitan Police Service (MET) are involved in the scandal.

To read the rest of this story, visit PressTV.ir.

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