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Wall Street Tries to Open Loopholes in Derivatives Regulation

Source: U.S. News & World Report

This week marks an important step forward in the implementation of financial reform. On Monday, the U.S. became the first country in the world to require mandatory clearing of many derivatives contracts, a crucial protection in these previously u ...
Full article at: U.S. News & World Report More like this 1 week ago, 8:19am CDT

Dozing German banker accidentally costs bank 293 million dollars

Source: Webindia123

A German bank clerk cost the bank 293 million dollars by accidentally transferring funds while lying on his computer keyboard. While the sleepy worker's supervisor was sacked for not checking the order amount when she was supposed to ver ...
Full article at: Webindia123 More like this 1 week ago, 3:27am CDT

Bank Employee Sleeps on Computer Keyboard, Accidentally Transfers Millions

Source: Tumfweko

An obviously tired German bank employee fell asleep on his keyboard and accidentally transformed a minor transfer into a 222 million euro ($293 million) order, a court heard Monday. The Hessen labour court heard that the man was supposed to ...
Full article at: Tumfweko More like this 1 week ago, 2:15am CDT

Editorial: Gaines' commitment, passion hold life lessons for us all

Source: Gloucester Daily Times

There is a story about the ongoing plight of Gloucester’s and New England’s fishermen across the top of the front page of today’s Times. Sadly, the byline notes that it is a piece drawn from the combined resources of wire services — primar ...
Full article at: Gloucester Daily Times More like this 1 week ago, 11:13pm CDT

Canada a haven for digital criminals: study

Source: Vancouver Sun

A woman uses her computer keyboard to type while surfing the Internet in North Vancouver, B.C., on Wednesday, December, 19, 2012. Digital dissenters known as hacktivists have developed a track record for disruption and attracting atten ...
Full article at: Vancouver Sun More like this 1 week ago, 11:03pm CDT

Hammer man smashed cash machines in bank row

Source: Get Surrey

A PENSIONER has remained unrepentant after smashing a Walton bank’s cash machines with a hammer as petrified customers looked on. Raging George Grant, 74, launched into the frightening tirade on April 22 t ...
Full article at: Get Surrey More like this Jun 11 2013, 6:00pm CDT

China has 'mountains of data' about U.S. cyber attacks - official

Source: Reuters.co.uk

A man types on a computer keyboard in Warsaw in this February 28, 2013 illustration file picture. BEIJING (Reuters) - China's top Internet security official says he has "mountains of data" pointing to extensiv ...
Full article at: Reuters.co.uk More like this Jun 4 2013, 11:22pm CDT

Judge’s hard choices: ‘Sometimes I will be wrong’

Source: The Seattle Times

Only one of the eight convicted sex offenders summoned to appear before Chief Criminal Judge Ronald Kessler on a recent Monday bothered to show up. Steven G. Pephyrs, 60, convicted of incest in 2002, had served his prison sentence and then d ...
Full article at: The Seattle Times More like this Jun 4 2013, 10:14pm CDT

It Happened To Me: I Hoard Hairballs And Feel Gross Even Writing That

Source: XO Jane

I was trying to slip my friend the baggie of coke in the salsa club, drunkenly shoving it into his hand, whispering, “Enjoy!” When he came back from the bathroom, the live band was in full swing, the horn section bla ...
Full article at: XO Jane More like this Jun 4 2013, 10:28am CDT

Iran's approaching vote brings receding Web access

Source: Minneapolis Star Tribune

TEHRAN, Iran (AP) — From a computer keyboard in London, an Iranian emigre plays the role of counselor, social media guru and all-around adviser for Internet users back home seeking ways around the cyber-blocks set up by authorities in Tehran. These have ...
Full article at: Minneapolis Star Tribune More like this May 31 2013, 3:02pm CDT