Wednesday, January 19, 2011

WikiWecaps Episode 1: Inside Wikileaks "Cablegate"



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The Top Secret State Dinner

Want details on tonight’s state dinner for Chinese President Hu Jintao? Good luck, says Dan Stone, who reports on the importance of the affair and who might be on the guest list.

The Top Secret State Dinner

You would think, at first, that the White House is organizing some sort of top secret plan to jumpstart the economy. Or that administration officials are preparing a surprise invasion overseas. read more.

Sunday, January 16, 2011

Oil and Gas influences are worth millions during election campaigns.


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Oil & Gas influences 
"This industry, which includes multinational and independent oil and gas producers and refiners, natural gas pipeline companies, gasoline service stations and fuel oil dealers, has long enjoyed a history of strong influence in Washington. Individuals and political action committees affiliated with oil and gas companies have donated $238.7 million to candidates and parties since the 1990 election cycle.."
Obama, "received $884,000 from the oil and gas industry during the 2008 campaign, more than any other lawmaker except his Republican opponent, Sen. John McCain (R-Ariz.)."

Oil & Gas: Background -OpenSecrets.org



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Saturday, January 8, 2011

Banks Lose Pivotal Mortgage Case


The highest court in Massachusetts ruled against U.S. Bancorp and Wells Fargo & Co. Friday in a pivotal mortgage foreclosure case that could spark more turmoil and uncertainty in a housing market already mired in depression.
The Supreme Judicial Court affirmed a lower court judge's ruling invalidating two mortgage foreclosure sales because the banks, in their capacity as trustees for mortgage securities, did not prove that they actually owned the mortgages at the time of foreclosure.
DENISE LAVOIE AND MICHELLE CONLIN | 01/ 7/11 10:18 PM

The decision, which highlights the failure of financial firms to adhere to the rules that govern mortgage-backed securities, is likely to lead more borrowers to sue bank servicers and trustees for wrongful foreclosures. It's unclear what the ruling means for people who were forced from their homes after defaulting on their loans or for those who purchased houses in foreclosure sales.

BetterWorldBooks.com

"There are now thousands of these homes that have been purchased through foreclosures handled in a very similar fashion where the titles are defective," said Ward P. Graham, a Massachusetts title attorney who co-authored a friend-of-the-court brief in the case on behalf of the Real Estate Bar Association for Massachusetts, Inc.

Last fall, the banking industry's foreclosure machine came under intense scrutiny with revelations that low-level employees called "robo signers" powered through hundreds of foreclosure affidavits a day without verifying a single sentence. At the time, analysts warned that the banks' allegedly fraudulent document procedures could imperil their ability to prove that they owned the mortgages. The Massachusetts ruling stokes those concerns.
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Monday, January 3, 2011

State of Emergency – The Way We Were: Britain, 1970-1974 by Dominic Sandbrook – review




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On the march . . . in support of the miners, 1972. Photograph: PA Photo




Andy Beckett on a volume of history that feels over-familiar


TheSource.caiPage Affordable Web Hosting only $4.50/moHow do you write readable social history? Few historians have found a perfect answer. Do you focus narrowly and intensely, as Carlo Ginzburg did in his 1976 classic The Cheese and the Worms, which recreated an entire world from the persecution of a single 16th-century heretic; or do you try to cover every major event and trend in a given era, as David Kynaston has recently done in his bestselling books about Britain in the 40s and 50s? There are always trade-offs: between narrative pace and comprehensiveness, between being clear and panoramic and leaving room for texture, ambiguity, fresh thinking.




Report: FBI seizes server in probe of WikiLeaks attacks

The FBI has seized a server in Texas as part of its hunt for the groups behind the pro-WikiLeaks denial-of-service attacks launched in December against PayPal, Visa, MasterCard, and others, according to a report.
WikiLeaks logo
During a December 16 raid, agents seized a server at Tailor Made Services, a Dallas-based co-location, or server-hosting, facility, and copied two of its hard drives, according to The Smoking Gun Web site, which said it has obtained the FBI affidavit in support of a search warrant for the seizure.


Read more: http://news.cnet.com/8301-13578_3-20026908-38.html#ixzz19xeJSELz