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Submission + - US Judge explains why few indicted for the fraud created the mortgage crisis (

smaxp writes: As the statute of limitations on the fraud committed during the financial crisis is about to expire with few indictments US District Court Judge Jed Rakoff explains why.

According to Rakoff "I suggest that this is not the best way to proceed. Although it is supposedly justified because it prevents future crimes, I suggest that the future deterrent value of successfully prosecuting individuals far outweighs the prophylactic benefits of imposing internal compliance measures that are often little more than window-dressing. Just going after the company is also both technically and morally suspect."

Submission + - How do you avoid corporate Thanksgiving?

An anonymous reader writes: Here in the United States it is coming close to Thanksgiving, a holiday to visit family and be thankful for our many blessings. However corporate culture, as a part of our-business-is-a-family mentality likes to do pot lucks. I will encourage and support anyone that wants to have the pot luck on company time as long as the company does not make me participate. I, like many people, do not regard my co-workers as a "family". I don't feel like investing extra money to feed these people in the name of company-is-family and "team building". I'm not a hostile employee but I realize that the company regards everyone as a replaceable cog and a lowest-cost expense. Of course I realize saying anything like this to our company would cause me to be fired. I am sure I am not alone in feeling this. How does everyone else deal with this?

Submission + - Imagining the Post-Antibiotic Future

Hugh Pickens DOT Com writes: Health authorities have been struggling to convince the public that the threat of totally drug-resistant bacteria is a crisis. Earlier this year, British chief medical officer Sally Davies described resistance to antibiotics as a "catastrophic global threat" that should be ranked alongside terrorism. In September, Dr. Thomas Frieden, the director of the U.S. Centers for Disease Control and Prevention, issued a blunt warning: “If we’re not careful, we will soon be in a post-antibiotic era. For some patients and some microbes, we are already there.” Now Maryn McKenna writes that we are on the verge of entering a new era in history and asks us to imagine what our lives would be like if we really lost antibiotics to advancing drug resistance. We'll not just lose the ability to treat infectious disease; that’s obvious. But also: The ability to treat cancer, and to transplant organs, because doing those successfully relies on suppressing the immune system and willingly making ourselves vulnerable to infection. We'll lose any treatment that relies on a permanent port into the bloodstream — for instance, kidney dialysis. We'd lose any major open-cavity surgery, on the heart, the lungs, the abdomen. We'd lose implantable devices: new hips, new knees, new heart valves. We’d lose the ability to treat people after traumatic accidents, as major as crashing your car and as minor as your kid falling out of a tree. We’d lose the safety of modern childbirth. We’d lose a good portion of our cheap modern food supply because most of the meat we eat in the industrialized world is raised with the routine use of antibiotics, to fatten livestock and protect them from the conditions in which the animals are raised. "And it wouldn’t be just meat. Antibiotics are used in plant agriculture as well, especially on fruit. Right now, a drug-resistant version of the bacterial disease fire blight is attacking American apple crops," writes McKenna. "There’s currently one drug left to fight it."

Submission + - Carriers slammed for rejecting smartphone 'kill switch' (

alphadogg writes: Law enforcement officials trying to rein in violent smartphone theft have criticized cellular operators who they say rejected a solution that would help address the problem. "It is highly disturbing that these corporations rejected a proposal that would have helped keep millions of consumers safe," San Francisco District Attorney George GascA3n and New York Attorney General Eric T. Schneiderman said in a joint statement Wednesday. The officials have been pushing for a "kill switch" that could render smartphones inoperable after they're stolen, reducing the incentive for crime. But news reports this week suggested carriers have rejected the idea. "If they did so to protect their own profit margins, as several recent reports suggest, it is even more egregious," the pair said in their statement.

Submission + - Is Gamer Rage at MMO Companies Too Much?

Xstriker writes: Anger is a part of life. We all get enraged at one time or another. It may be that our favorite sports team got screwed by some bad referee calls or our favorite tv show gets unexpectedly canceled. Playing mmo games and other video games lead to a whole host of reasons for players to get worked up over. Arguments over class balance, how to create the best build, or getting heckled in PvP can all raise the blood pressure. The proof of all this gamer rage is easily found in any game forum or social media website. Pages of threads are devoted to players raging against each other and at the game companies themselves. The proliferation of online games and independent developers have all fostered an increasing interaction between game companies and the players. Sadly enough, there always seems to be an extremely vocal minority whose sole purpose seems to be to harass and demean the developers of the very game they proclaim they adore. In fact, this rage has been increasing in frequency and intensity with even death threats getting levied. We have to ask ourselves — is gamer rage at mmo companies too much?

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Submission + - TSA Union Calls for Armed Guards at Every Checkpoint 2

Hugh Pickens DOT Com writes: Brian Tumulty writes at USA Today that the union representing airport screeners for the Transportation Security Administration says Friday's fatal shooting of an agent at Los Angeles International Airport highlights the need for armed security officers at every airport checkpoint. The screeners, who earn up to $30,000 annually, have not requested to carry guns themselves, but they do want an armed security officer present at every checkpoint says J. David Cox Sr., president of the American Federation of Government Employees, which represents the screeners. "Every local airport has its own security arrangement with local police to some type of contract security force," says Cox. "There is no standardization throughout the country. Every airport operates differently. Obviously at L.A. there were a fair number of local police officers there." Congress may investigate the issue but Sen. Tom Carper, the chairman of the Senate Homeland Security Committee, says that "there will be an appropriate time — after all the facts have been gathered and thoughtfully analyzed —to review existing policy and procedure to see what, if anything, can be learned from this unfortunate incident to help prevent future tragedies." TSA officials say that they don't anticipate a change in the agency security posture at the moment, but "passengers may see an increased presence of local law enforcement officers throughout the country."

Submission + - The Luddites are Almost Always Wrong ( 1

Mystakaphoros writes: Mike Masnick of TechDirt argues that we can all put down our wooden shoes and take a chill pill: technology "rarely destroys jobs." For example, telephone operators have largely gone by the wayside, but a (brave) new world of telemarketing and call center support jobs have opened up because of advances in technology, not to mention the Internet.

That being said, I think it's worth asking... if machines are going to replace all our fast food workers, are we going to start paying our gourmet chefs minimum wage just because we can?

Submission + - How Did Newspapers Blow It? Not Enough Engineers, NYT Publisher Says

curtwoodward writes: You'd have a hard time picking just one way the traditional news business stumbled into the Internet era. But America's most important newspaper publisher says one mistake sticks out. In a recent discussion at Harvard, Arthur Sulzberger Jr. of the New York Times said newspapers really messed up by not having enough engineers on hand "building the tools that we’re now using." Instead, the the news business faces a world where outsiders like Facebook and Twitter control the technology that is distributing their work.

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