Posts Tagged ‘Verizon’
For the past two decades, according to a whistle-blower at the SEC who recently came forward to Congress, the agency has been systematically destroying records of its preliminary investigations once they are closed. By whitewashing the files of some of the nation’s worst financial criminals, the SEC has kept an entire generation of federal investigators in the dark about past inquiries into insider trading, fraud and market manipulation against companies like Goldman Sachs, Deutsche Bank and AIG.
There’s a little more here.
* With Rick Perry already going up in flames, there was a surge of interest today around Chris Christie amid rumors that he was focus-testing a 2012 run. Then New Jersey got downgraded. Now people are talking about Paul Ryan again. Who will be tomorrow’s savior?
* Of course they might not need one. Gallup has Obama’s approval rating on the economy down to 26%, and his disapproval rating up to 71%.
* And your obscene atrocity of the day: Missouri School Sued For Allegedly Making Special Ed Student Write Apology Letter To Her Rapist.
* As I mentioned on Twitter earlier: If it weren’t for this, I’d say Mitt Romney had a better-than-even chance of being elected president next year. The Obama administration just seems hopelessly lost; every failure of their triangulation strategy is only proof they need to triangulate harder.
* The Obama for America fundraiser I spoke with tonight seemed totally unsurprised by my “I’m not giving you any money. I’ll vote for the guy but that’s it” stance. Judging from her response, as well as what people are saying to me on Twitter and Facebook, it’s a line she’s heard before.
* Guestbloggers doing great work during Glenn Greenwald’s vacation: Income inequality is bad for rich people too. Austerity and the roots of Britain’s turmoil. Why “business needs certainty” is destructive.
“Everyone watching these horrific actions will be struck by how they were organized via social media,” Cameron said in an emergency session of Parliament on Thursday, during which he announced that officials were working with the intelligence services and police to look at how and whether to “stop people communicating via these Web sites and services when we know they are plotting violence, disorder and criminality.”
Cameron said: “Free flow of information can be used for good. But it can also be used for ill. And when people are using social media for violence, we need to stop them.”
Since mid-2008, unemployment in the 16-to-24 age group has been 13% and higher, according to the Bureau of Labor Statistics. Last month, it stood at 17.4%.
Dim job prospects have taken some of the sheen off advanced degrees.
The job situation could haunt young people for years, said Andrew Sum, director of the Center for Labor Market Studies at Northeastern University in Boston.
More than half of earnings growth over a lifetime happens in the first decade of a career, meaning that early unemployment can depress future wages for life, he said.
But older workers are staying longer in their jobs, forcing twentysomethings to fill up retail, fast-food and other part-time spaces that traditionally give teens their first paycheck. Without work experience, young job seekers will need to scramble for options, he said.
* Seven Creepy Experiments That Could Teach Us So Much (If They Weren’t So Wrong)—and the forbidden experiment doesn’t even make the list.
* And “urban renewal,” c. 1850: 19th-c. African-American village unearthed in what is now NYC’s Central Park.