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Submission + - Ellison accused of running executive fighting ring (infoworld.com)

Mr. Shotgun writes: SEC investigators claim to have broken up an underground fighting ring in which participants beat each other bloody. To add insult to injury, the victors then brokered business deals that skirted U.S. securities law and deprived the losers of valuable stock options.
The mastermind behind the Silicon Valley fight club is alleged to be eccentric billionaire and Oracle CEO Larry Ellison.

The Almighty Buck

Submission + - True cost of failed Illinois video game legslation

Mr. Shotgun writes: Ars is running a story about how the Illinois state government is going to pay off the legal bills from their recently defeated video game crusade. FTA:

the state was scouring department budgets, looking for the $1 million it cost to defend the unconstitutional legislation in court. Yes, you read that right — the State of Illinois spent one meeeellion dollars of taxpayer money on the litigation even as the state budget was starved for cash in other, more pressing areas. And worse yet, they spent it on a bill which, when introduced, was plainly unconstitutional.


Another write up is available here.
The Internet

Submission + - DHS Secretary calls the Web "terror training c

Mr. Shotgun writes: US DHS Secretary Michael Chertoff warned of the use of the Internet as a terrrorist training camp. From the article: "They can train themselves over the Internet. They never have to necessarily go to the training camp or speak with anybody else and that diffusion of a combination of hatred and technical skills in things like bomb-making is a dangerous combination,"

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