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Articles posted on Sunday, July 8, 2012

Appeals Court Calls Bank’s Security “Commercially Unreasonable” threatpost

Sunday, July 8, 2012
Category: Technology

From threatpost.com

The case against People′s United Bank stems from six allegedly fraudulent transactions that occurred over the period of a week in May, 2009 and drained close to $589,000 dollars from Patco′s accounts.

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The LIBOR scandal: The rotten heart of finance

Sunday, July 8, 2012
Category: Finance

From www.economist.com

Investigations by regulators in several countries, including Canada, America, Japan, the EU, Switzerland and Britain, are looking into allegations that LIBOR and similar rates were rigged by large numbers of banks.

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Prototype Automated Pavement Crack Detection and Sealing System

Sunday, July 8, 2012
Category: Innovation

From www.gtri.gatech.edu

An automated crack sealing system would increase the level of safety for the workers involved, require fewer personnel and increase the amount of roadway covered per day. In addition, the system could save transportation departments money because sealing cracks extends the time before a roadway needs to be completely repaved.

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England v Germany: FIFA Goal-line technology decision imminent

Sunday, July 8, 2012
Category: Sports

From www.bbc.com

From Germany: Goalref, a system which relies on a customised ball with a special sensor in the middle. When the ball crosses the line it disrupts a magnetic field, and the referee is told almost instantly.

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Indian govt to give free medicine to hundreds of millions

Sunday, July 8, 2012
Category: Health

From www.asianage.com

From city hospitals to tiny rural clinics, India′s public doctors will soon be able to prescribe free generic drugs to all comers, vastly expanding access to medicine in a country where public spending on health was just $4.

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The ugly, sleazy side of baseball′s Dominican Republic talent pipeline

Sunday, July 8, 2012
Category: Sports

From sports.yahoo.com

Let′s try again: The truth doesn′t exist here. The Dominican Republic is a web and wasteland of hustlers and pimps, moneymakers and moneytakers. It is a place where age and identity are transient, where pre-teens get shot with steroids, where the privileged have preyed on the poor, where an alleged child molester trained teenage boys for more than 20 years, where a baseball subculture has grown out of a shadow economy and into a cash crop.

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How Does the Film Industry Actually Make Money?

Sunday, July 8, 2012
Category: Entertainment

From www.nytimes.com

Unlike other decades-old industries, Hollywood not only has a hard time forecasting, but it also has difficulty analyzing past results. Why was “The Hunger Games” such a big hit? Because it had a built-in audience? Because it starred Jennifer Lawrence? Because it was released around spring break? The business is filled with analysts who claim to have predictive powers, but the fact that a vast majority of films fail to break even proves that nobody knows anything for sure.

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The significance of plot without conflict

Sunday, July 8, 2012
Category: Literature

From stilleatingoranges.tumblr.com

The necessity of conflict is preached as a kind of dogma by contemporary writers’ workshops and Internet “guides” to writing. A plot without conflict is considered dull; some even go so far as to call it impossible.

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The billionaires list

Confirmed highly mobile-friendly site

Sunday, July 8, 2012
Category: Society

From www.washingtonpost.com

Despite signs of stagnation, many of India’s super-rich still inspire national pride, not resentment. The contrast to Latin America, where the super-rich ride around bullet proof cars and try to lie low, is striking.

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Want to End Poverty? Legalize Freedom

Sunday, July 8, 2012
Category: Society

From american.com

Ineffective law inhibits growth by forcing too much dealing with relatives. Effective law gives unrelated people enough trust to launch innovative business ventures. The law of property, contracts, and business organizations is most fundamental for business dealings among strangers.

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The Brilliant Code-Breaker Who Changed The Course Of World War One

Sunday, July 8, 2012
Category: History

From surviving-history.blogspot.co.uk

British ministers were desperate to draw America into the war, aware that this would irrevocably change the course of the conflict. But President Wilson had hitherto showed no appetite for war. The explosive telegram handed to Nigel de Grey was to change all that.

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