In an effort to crack down on hacker/stock traders who hijack brokerage accounts and exploit the stock market for gain, the Securities and Exchange Commission has, in a novel move, gone after four online trading companies and eight executives who they say helped a Latvian hacker make more than $850,000 from fraudulent trades. According to the complaint, filed by the SEC in federal court in San Francisco (.pdf), a 34-year-old individual using the name Igors Nagaicevs hijacked the online brokerage accounts of numerous customers over a 14-month period between June 2009 and August 2010 and began selling off their stocks. Using the equity in their accounts, he then made fraudulent purchases of other stocks he already owned, in order to artificially inflate the price of those stocks so he could sell them off at a profit.
<img src="http://www.wired.com/images_blogs/underwire/2012/01/AiWeiwei.jpg" alt="" title="Ai Weiwei" width="660" height="450" class="size-full wp-image-92456" /> Ai Weiwei is the subject of Alison Klayman's documentary Ai Weiwei: Never Sorry , which has been showing at this year's Sundance Film Festival. Photo: Ted Alcorn PARK CITY, Utah — Most art documentaries feature paintbrushes or chisels.
Beck Diefenbach / AP Occupy Oakland protestors burn an American flag found inside Oakland City Hall on Saturday. By NBC News, msnbc.com staff and news services Story updated 12:30 p.m.
As some of you know, until the last couple of years, I was poor as shit . The first 18 years, I was a kid and couldn't do anything about it. The next 17, I was still a kid and wouldn't do anything about it. I take full responsibility for that, and I don't point a finger at anyone for the way I lived.
Warren Buffett wants everyone on Facebook to share this idea, or to forward this email to a minimum of twenty people on their address list; in turn ask each of those to do likewise. In three days, most people in The United States of America will have the message. This is one idea that really should be passed around. _*Congressional Reform Act of 2011-12*_ 1. No Tenure / No Pension.
State Of The Union Address Highlights The Dirty Trick Of Hiding More Draconian IP Rules In 'Trade Agreements'As we've been discussing, it's great that the anti-SOPA/PIPA protests have awakened many to the horrors of ACTA . It seems that this may also help people finally learn about the nefarious practice of industry trade groups and governments to sneak bad IP legislation through "international agreements." With President Obama mentioning the importance of trade agreements and dealing with infringement in his State of the Union address, many people were wondering if it was a signal about SOPA/PIPA. However, as Harold Feld explains, it's much more likely he's talking about these new international agreements and treaties , like ACTA and (the even worse) TPP agreement that's currently being negotiated (in secrecy, of course). Feld also highlights how these things always "ratchet up."
Another day, another iPhone 5 rumor. This time it’s supposedly from a Foxconn employee, claims 9to5mac. The website reported that the iPhone 5 is currently “geared for production”, with sample devices floating around.
Paul Graham, the founder of start-up seeder Y Combinator has decided that the fight over SOPA and PIPA proves that Hollywood is a dying industry, and has issued calls for competitors to kill it : That’s one reason we want to fund startups that will compete with movies and TV, but not the main reason. The main reason we want to fund such startups is not to protect the world from more SOPAs, but because SOPA brought it to our attention that Hollywood is dying.
by Maria Popova What songwriting has to do with string theory. What would happen if you crossed the physics of time with the science of something and nothing ?
We hear a lot about the work ethic, the notion that hard work is inherently virtuous. We don’t hear nearly so much about its dual, the Pay Ethic. The Pay Ethic is the idea that paying generously is a virtue. There’s no question that we practice it: we value peoples’ fashion, their taste in art, their furniture, based largely on how much they payed for it.
Topic: Ron Paul Ron Paul returned to Washington DC to introduce a bill to repeal section 1021 of the National Defense Authorization Act for Fiscal Year 2012 by Walt Thiessen (libertarian) Saturday, January 21, 2012 Ron Paul showed why he is the leading advocate of the Constitution in the race for the Republican presidential nomination. This week he introduced legislation to repeal section 1021 of the National Defense Authorization Act for Fiscal Year 2012. Signed into law without fanfare by President Obama, section 1021 of the new act authorizes the President to order the Armed forces to detain, "any person 'who was part of or substantially supported al-Qaeda, the Taliban, or associated forces that are engaged in hostilities against the United States or its coalition partners,' and anyone who commits a 'belligerent act' against the U.S. or its coalition allies in aid of such enemy forces, under the law of war, 'without trial, until the end of the hostilities authorized by the [AUMF].'"
Newt Gingrich celebrates at a primary night rally Saturday in Columbia, South Carolina. Hollis Felkel: Gingrich picked up late-deciding conservatives, tea partiers Felkel: Tax returns, speaking fees, Santorum win in Iowa plagued Romney Felkel: South Carolinians want, above all, someone tough enough to beat Obama This vote shows it's a marathon, not a sprint, to the nomination, he writes Editor's note: Hollis "Chip" Felkel is a native South Carolinian and a 25-year veteran of national politics and policy. He is the CEO of Felkel Group and The RAP Index, a business that identifies key contacts in public affairs.
One of the many unanswered questions regarding the MegaUpload shutdown today is what happens to the company’s new CEO? A few days ago MegaUpload surprised friends and foes by listing rapper/producer Swizz Beatz as CEO. Beatz is not named in the indictment which was made on January the 5th, which may have saved him. Beatz was one of the stars who endorsed MegaUpload in public, and he reportedly recruited several artists for the Mega Song promotion . Beatz, whose real name is Kasseem Dean, is married to R&B superstar Alicia Keys, and won his first Grammy Award in 2011 with Jay Z for the song “On To The Next One.” Aside from working at MegaUpload, Beatz is also producing Dr.