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  • Police storm home of anti cyber-bullying campaigner after hoax call that man had killed four people and was holding a hostage
    waiting for instruction from the supposed killer who had demanded 10 000 and a getaway car police stormed the home but found it empty as Mrs Aftab was out of town SWAT teams had trained automatic rifles on the property and stormed it after throwing tear gas through the window but got inside to find only the family cat on its own They had initially thought the house was occupied due to the movements of the same cat behind the curtains It is thought Mrs Aftab had been targeted by members of the controversial online community 4chan after the lawyer spoke out against cyber bullying last week on Good Morning America The campaigner has often been in direct opposition to online community members who believe the internet should be uncensored After speaking out on cyberbullying last July Mrs Aftab was pranked called and had her Wikipedia page vanadalized by users thought to be from 4chan The SWAT team call out to her house is the latest incident of swatting a practice commonly used by cybercriminals where prank calls see police arrive at people s homes with SWAT teams Media commentator Mrs Aftab is said to have apologised to her neighbours

    Original URL path: http://www.911omissionreport.com/hoax_call_swat.html (2016-02-14)
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  • SWAT tries to take down Internet meanie; raids grandma instead
    In between a slew of self censored expletives the author implied that they were considering an attack on an unspecified member of the police department 4th of July a cops house gonna get hit dont care about your kids or btchs lives I dnt even care bout my own life I got my reasons times ticking reads one post from usarmy I am proud of my county but I hate police of any kind reads another I have explosives made in America Evansville will feel my pain guess who s in the river Acting on the assumed planned act of aggression officials were able to figure out the author s IP address As several courts have ruled recently though that isn t enough to exactly single out a certain home let alone a person While an Internet Protocol address can be linked to a computer any person who accesses that network s WiFi with or without authorization can be linked to that IP Only last month in fact New York Eastern District federal court magistrate Judge Gary Brown ruled that IP address logs can t be used on its own to link a suspect to a crime writing a single IP address usually supports multiple computer devices which unlike traditional telephones can be operated simultaneously by different individuals District Court Judge Howard R Lloyd made essentially the same ruling one month earlier in a Northern District of California courtroom Ira Milan whose house ended up targeted by the authorities tells the Evansville Courier Press that she thinks the author of the posts used her granddaughter s Internet connection from an outside location Police Chief Billy Bolin says it is much more cut and dry though We have no way of being able to tell that Bolin tells the Courier adding

    Original URL path: http://www.911omissionreport.com/internet_grandma_raid.html (2016-02-14)
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  • Barclays to pay $400M-plus to settle LIBOR charges
    rates The rates affect the costs of hundreds of trillions of dollars in loans and investments such as bonds auto loans and derivatives The U S Commodity Futures Trading Commission said Wednesday that the incidents occurred between 2005 and 2009 and sometimes took place daily The CFTC said Barclays senior management and multiple traders were involved in the matter and that they also coordinated with traders at other banks to make false submissions Banks must not attempt to influence LIBOR or other indices based upon concerns about their reputation or the profitability of their trading positions CFTC Chairman Gary Gensler said in a statement The data was used in determining the London interbank offered rate known as LIBOR and Euribor rates which influence many other interest rates The LIBOR is an average rate set by banks each morning that measures how much they re going to charge each other for loans Barclays settlement with the CFTC includes a 200 million civil penalty Britain s Financial Services authority levied a fine of 59 5 million pounds 92 7 million the biggest fine ever imposed by the British regulator Barclays also agreed to pay 160 million as part of an agreement with

    Original URL path: http://www.911omissionreport.com/barclays_400mln_libor.html (2016-02-14)
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  • Wash Trading by High-Frequency Firms Said to Face U.S. Scrutiny
    billion was erased from stock values in 20 minutes before share prices recovered from the plunge Regulators have expressed concern that some firms and electronic exchanges don t have sufficient controls to prevent a range of events from improper trades to programming glitches that could roil markets even when there is no wrongdoing High frequency trading in which computer algorithms are used to buy and sell stocks in fractions of a second accounts for more than half of equity trading volume Getco LLC and Citadel LLC both based in Chicago and New York based Virtu Financial LLC are among the biggest automated trading firms Exchange operators including Nasdaq OMX Group Inc and NYSE Euronext have started services to help firms avoid accidental wash trades Undesirable Executions Bats Global Markets Inc updated a service on its two exchanges last month to help users avoid undesirable executions against themselves the Lenexa Kansas based exchange operator told the SEC Direct Edge Holdings LLC began a similar service on two exchanges in 2010 to prevent the potential for or the appearance of wash sales that may occur as a result of the velocity of trading in today s high speed marketplace according to a filing with the SEC Regulators cannot assume that algorithms in the markets are always well designed tested and supervised CFTC Chairman Gary Gensler said at a June 20 meeting of the agency s technical advisory committee To give hedgers and investors the confidence in markets that they really need and deserve I think regulators always need to adapt Broad Definition The CFTC has been considering issuing a so called concept release a step prior to a formal rulemaking which could lead to new testing supervision and oversight requirements for high frequency and automated trading At a meeting of a CFTC

    Original URL path: http://www.911omissionreport.com/wash_trading.html (2016-02-14)
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  • Members of Congress trade in companies while making laws that affect those same firms
    would be a stretch to suggest he engaged in procedural gymnastics in order to affect a trade Pinnacle managing partner David Poarch said he didn t discuss the Affymetrix purchase with the senator He said Pinnacle bought about 1 7 million worth of convertible bonds in the company on April 22 2008 for 104 of the firm s 350 clients Poarch said the firm sold those bonds for all their clients last year including for Coburn who earned a 35 percent profit on his investment Poarch said he meets face to face with the senator once a year and they might speak over the phone two or three times during that period to map out investment strategies The senator rarely directs him to make trades he said In some of our discussions he ll indicate sectors he likes Poarch said noting that the senator rarely directs Pinnacle to make specific trades Coburn said he gives Poarch only general advice I ve never had a conversation with him other than Here s what I think is going to happen to the economy so you guys ought to listen he said Affymetrix officials did not return calls seeking comment After the genetic bill became law in May 2008 Affymetrix praised its passage in a news release We have actively supported this much needed legislation for more than seven years and we are pleased to see the U S government take steps toward addressing the issues around genetic discrimination said Stephen P A Fodor the company s founder Shining light on GE trades Rep Whitfield trades infrequently but several of his transactions have coincided with major legislation before him Whitfield is a member of an energy subcommittee that handled the 2008 carbon cap proposal intended to address rising public concern about global warming It had the support of major companies and the Democrats who were in charge of both chambers at the time General Electric which had created a subsidiary to help businesses manage carbon emissions lobbied heavily in favor of the bill Whitfield sold his holdings in GE worth between 50 000 and 100 000 on May 5 2008 for 32 per share Exact amounts are unavailable because members of Congress are allowed to report ranges for the values of their transactions He had held the stock for 12 years Although the cap had appeared to be gaining momentum Whitfield s Republican colleagues in the Senate scuttled the bill in early June with parliamentary actions and a threatened filibuster After the bill died the stock dropped to 26 6 less than the price when Whitfield sold Whitfield s spokeswoman Corry Schiermeyer said his trade had nothing to do with the legislation which she said was never going to get past Republican opposition The trade was one of the two largest stock sales by Whitfield since 2004 The other came when Whitfield sold between 50 000 and 100 000 in the defense conglomerate United Technologies in October 2009 the same day that his

    Original URL path: http://www.911omissionreport.com/congress_trade_companies.html (2016-02-14)
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  • Superbug vs. Monsanto: Nature rebels against biotech titan
    s resistant rootworm populations are maturing earlier than expected In fact the time the bug s larvae hatched was the earliest in decades The Western corn rootworm season is underway at a pace earlier than I have experienced since I began studying this versatile insect as a graduate student in the late 1970s entomologist Mike Gray wrote in The Bulletin a periodical issued by the University of Chicago s Department of Crop Studies Studies in other states have also revealed that the rootworm population is becoming increasingly resistant to genetically modified corn Last year Iowa State University researcher Aaron Gassmann noted that a number of farmers reported discovering much to their dismay that a large number of rootworms survived after the consumption of their GM crops Gassmann branded these pests superbugs Farmers and food companies have increasingly been dependent on GM crops and many have abandoned crop rotation a practice that has been used to stave off pest infestations for centuries Some have even gone as far as to ignore federal regulation which require the GM corn plantations be accompanied by a small refuge of non GM maize The recent findings have potentially devastating ramifications for both farmers and consumers Genetic maize plantation would easily come under attack from the swelling number of superbugs resulting in dwindling harvest numbers for farmers Ultimately consumers will pay the price not only for corn an essential product whose derivatives are used in a plethora of products ranging from yogurts to baby powder but for other crops sold in the market Rising corn prices would mean that more farmers would plant corn despite the risks and the yield for other crops would drop That would drive prices for virtually all food items up hitting hard on a population already smitten by ongoing economic difficulties

    Original URL path: http://www.911omissionreport.com/superbug_vs_monsanto.html (2016-02-14)
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  • World Bank president: 'One shock away from crisis'
    how we need to put the conclusions from our latest world development report into practice The report highlighted the importance of citizen security justice and jobs he said He also called for the World Bank to act quickly to support reforms in the region Waiting for the situation to stabilise will mean lost opportunities In revolutionary moments the status quo is not a winning hand At the Washington meetings turmoil

    Original URL path: http://www.911omissionreport.com/crisis_one_shock_away.html (2016-02-14)
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  • Bernanke: Housing market is headed for a soft landing
    ahead Cooling of the housing sector is expected to be a factor in slower economic growth in the months ahead The economy in the first three months of this year grew at a brisk 4 8 annual rate fastest in 2 1 2 years Many economists predict growth will moderate to around 3 in the April to June quarter still a good pace Bernanke did not discuss the future course of interest rates in his speech or in remarks afterward The Fed which boosted its target for a key short term interest rate last week left its options wide open in terms of future rate decisions It suggested another rate increase is possible if inflation worsens or that it could pause in its two year old rate raising campaign if economic growth slows Some economists believe the odds are growing that the Fed will bump up rates again at its next meeting June 28 29 Those analysts say the odds went up after a government report Wednesday showed consumer inflation bolted ahead in April Others however believe the Fed will pause in June to see if economic growth will slow and ease inflation pressures On the issue of risky home mortgages Bernanke pointed out that the Fed has issued some guidance for lenders and he underscored the importance of borrowers making sure they understand how interest only and other non traditional mortgages work We re not saying you shouldn t make these loans What we re saying is that they be done the right way Bernanke told the banking conference Borrowers and lenders holding exotic mortgages could get clobbered if housing prices drop or interest rates rise sharply In his speech Bernanke said federal banking regulators will press ahead on a sweeping plan aimed at improving risk management for the

    Original URL path: http://www.911omissionreport.com/bernanke_housing_market.html (2016-02-14)
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