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Submission + - Palm shennanigans (thedailyoutrage.com)

An anonymous reader writes: With all the focus on their stock price, nobody's noticed this.

Go Palm, go.

Submission + - Fed in Hot Water Over Secret Bailouts (csmonitor.com)

An anonymous reader writes: The Fed has finally came clean. It now admits it bailed out Bear Stearns — taking on tens of billions of dollars of the bank's bad loans — in order to smooth Bear Stearns' takeover by JPMorgan Chase. The secret Fed bailout came months before Congress authorized the government to spend up to $700 billion of taxpayer dollars bailing out the banks, even months before Lehman Brothers collapsed. The Fed also took on billions of dollars worth of AIG securities, also before the official government-sanctioned bailout.
Idle

Submission + - Stalker Jailed For Planting Child Porn On A PC (net-security.org)

An anonymous reader writes: An elaborate scheme to get the husband of a co-worker he was obsessed with locked up in jail, backfired on Ilkka Karttunen, a 48-year from Essex. His plan was to get the husband arrested so that he could have a go at a relationship with the woman, and to do this he broke into the couple's home while they were sleeping, used their family computer to download child pornography and then removed the hard drive and mailed it anonymously to the police, along with a note that identified the owner.

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Understanding is always the understanding of a smaller problem in relation to a bigger problem. -- P.D. Ouspensky

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