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The Courts

Madoff Sentenced To 150 Years 602

selven was one of several readers to send in the news that Bernie Madoff was sentenced to 150 years in prison. "Bernard Madoff's victims gasped and cheered when he was sentenced to 150 years in prison, but they walked away knowing little more about how he carried out the biggest robbery in Wall Street history. In one of the most dramatic courtroom conclusions to a corporate fraud case, the 71-year-old swindler was unemotional as he was berated by distraught investors during the 90-minute proceeding. Many former clients had hoped he would shed more light on his crime and explain why he victimized so many for so long. But he did not. Madoff called his crime 'an error of judgment' and his 'failure,' reiterating previous statements that he alone was responsible for the $65 billion investment fraud. His victims said they did not hear much new from Madoff in his five-minute statement. They also said they did not believe anything he said. As he handed down the maximum penalty allowed, US District Judge Denny Chin... [said], 'I simply do not get the sense that Mr. Madoff has done all that he could or told all that he knows.'"

Comment Re:Unfortunate (Score 1) 800

The nice thing here is that domain tasting is dead. As of earlier this year, registrars can only return up to 10% of domains purchased during a month (still within the five day window). This means that the people who buy domains are stuck with it for a year instead of the domain being shuffled between tasters every time it drops.

The company I work for is a registrar and monitors domain tasting, and the number of domains actually dropping has gone way up (from near zero). This is great news for those people who look at a name, see it's registered, and think "hey, if I just wait for it to drop, I can get it for $7". This kind of thinking actually works now.

On the other hand, it's terrible news for VeriSign, who runs the .com and .net registries, because fewer names are being renewed. They'll probably try to come up with another way to let people taste domains.
Data Storage

Btrfs Is Not Yet the Performance King 117

Ashmash writes "Benchmarks of the Btrfs filesystem have been published by Phoronix that compare it to the XFS, EXT3, and EXT4 file-systems. In the end they conclude that this next-generation Linux filesystem is not yet the performance king. In a great number of the tests, the EXT4 filesystem that was designed to be an interim step to Btrfs actually performs much better than the unstable Btrfs, albeit Btrfs still has more advanced features. Fedora 11 even took longer to boot when using Btrfs than EXT3 or EXT4."
Books

On the Economics of the Kindle 398

perlow writes "Just how many books a year would you need to read before the cost of Amazon's Kindle is justified? The answer is not so cut-and-dried. If you're a college student and all of your texts were available on Kindle (possible but unlikely), you could recover the cost of the reader in a semester and a half. For consumers to break even with Kindle's cost in that time, they would have to be in the habit of buying and reading four new hardback books per month — if the convenience factor wasn't part of the equation. At two books per month, breakeven would be in three years." Here is the spreadsheet if you want to play with the numbers.

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"The eleventh commandment was `Thou Shalt Compute' or `Thou Shalt Not Compute' -- I forget which." -- Epigrams in Programming, ACM SIGPLAN Sept. 1982

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