TEAMHUMANITY Home Page

Chinese cyberspy network smashed

On April 7, 2012, in Spying, by Editor

An international cyberspy ring targeting politicians, diplomats and journalists has been blown open by computer experts. – The Metro, UK GhostNet, believed to be China-based, infected 1,300 computers in 103 countries, with a third of victims considered ‘high value targets’. The Dalai Lama’s personal office was among those ‘conclusively compromised’, giving the attackers access to […]

Tagged with:  

Why I Am Leaving Goldman Sachs

On March 14, 2012, in Greed, by Editor

- By Greg Smith, The New York Times, US TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand […]

Tagged with:  

Central banks try to stop Credit Crunch ll

On November 30, 2011, in Bank, by Editor

The central banks of the world’s biggest developed economies have taken pre-emptive action, to prevent a domino effect of banks collapsing in the event that they find themselves unable to borrow the major currencies they need. – By Robert Peston, BBC Website, UK In recent weeks, there has been evidence that major eurozone banks have […]

Tagged with:  

Shares jump as central banks try to ease financial woes

On November 30, 2011, in Bank, by Editor

Global stock markets surged as some of the world’s big central banks launched plans for co-ordinated action aimed to support the financial system. – BBC Website, UK The Bank of England is one of six central banks taking part in the co-ordinated action. Wall Street’s Dow Jones index saw its biggest gain since March 2009, […]

Tagged with:  

For corporate welfare queens and their crystal baths, there is no benefit cap

On November 22, 2011, in Rich and Poor, by Editor

Limited liability, offshore secrecy regimes and state handouts ensure those at the top bear none of the costs they inflict on us. – By George Monbiot, The Guardian, UK In the documentary series which finished on Friday evening, the heiress Tamara Ecclestone set out to prove that she isn’t “a pointless, quite spoilt, really stupid, […]

Tagged with:  

Invasion of the Home Snatchers

On November 10, 2010, in Bank, by Editor

Matt Taibbi on how foreclosure courts are helping big banks screw over homeowners. – Matt Taibbi, Rolling Stone Magazine, US The foreclosure lawyers down in Jacksonville had warned me, but I was skeptical. They told me the state of Florida had created a special super-high-speed housing court with a specific mandate to rubber-stamp the legally […]

Tagged with: