Astros shut out Rangers, avoid sweep – Los Angeles Times

Posted under Sports on Thursday, June 30th, 2011 at 11:56 pm


Yahoo! Sports (blog)

Astros shut out Rangers, avoid sweep
Los Angeles Times
Jason Michaels went 2-for-4 with a two-run homer and three RBI, helping the Houston Astros post a 7-0 win over the Texas Rangers and avoid being swept in the finale of a three-game interleague set at Minute Maid Park. Houston starter Wandy Rodriguez ...
Astros' magic Wandy casts spell over RangersReuters
Rangers-Astros PreviewCBSSports.com
Matt Harrison can't pitch Texas Rangers out of trouble against AstrosFort Worth Star Telegram
msnbc.com -MLB.com -ESPN
all 957 news articles »
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Steve Clemons: Strauss-Kahn and the Age of Reputation

Posted under Uncategorized on Thursday, June 30th, 2011 at 11:52 pm

Dominique Strauss-Kahn IMF Kings College INET Steve Clemons-thumb-500x375-2170.jpg
(photo credit: Steve Clemons, The Washington Note)

(This article is appearing simultaneously at TheAtlantic.com)

News is breaking that the prosecutor's case in the rape allegations against former IMF Director and French political kingpin Dominique Strauss-Kahn is collapsing.

According to reports, the accuser who worked at New York's Hotel Sofitel has allegedly been engaged in money laundering activities and has had substantial contact with an incarcerated drug dealer.  Strauss-Kahn's bails and terms of detention are reportedly going to be lightened today -- and others are suggesting that felony charges may be dropped against him.

Maybe he did harass this woman -- but it is also possible that he did not.  That's what the system of justice is for -- to presume innocence until guilt is determined.  That no longer sounds likely in this case.

But this week, former French Finance Minister Christine Legarde was named Strauss-Kahn's successor at the International Monetary Fund, and back at home, French Socialist Party Leader Martine Aubry declared her candidacy for President.

Strauss-Kahn, who may be innocent, who even Sarkozy said should be presumed innocent unless evidence led to a different conclusion, now cannot return either to the IMF or to his position as the next likely President of France.

One of the fears that I often hear from people when talking about the growing power of social network sites, blogs, as well as micro-journalism and micro-comment platforms is the one of scandalmongering, or a tsunami of mistruths and reputational attacks that take down some high profile person.

A good read on this sort of thing is the late William Safire's historical novel, Scandalmonger, which shares what slander blogging might have been like in late 18th century America in the person of James Callender who doggedly pursued, occasionally inventing, sleazy stories about both Alexander Hamilton and Thomas Jefferson.

I have generally argued, and may be wrong, that the internet is a much more honest and disciplining arena than print, that errors, mistakes, or misreporting would be instantaneously sniffed out and corrected by a global audience.  I know I have gotten things wrong before and had emails or posted comments that helped me put my information on a better, more accurate track.  But that isn't always the case, particularly in growing clusters of same-thinking people who care less about sorting out the facts than they do about the frame (or bias) they bring to some respective issue.

But in today's fast-paced world, a reputation can be destroyed rapidly -- and if, as in the case of Strauss-Kahn it seems, the consequences of charges made actually precede the processing of those charges, then we as a society are no longer extending the benefits of presumed innocence that are core to our form of democracy and our legal system.

I realize given the proliferation of commentary about Strauss-Kahn's alleged womanizing and the bandwaggoning criticism of him that built after his arrest that he is perhaps a flawed and tragic figure. 

But the problem of reputation wrecked still stands whether the target is warm and likeable or a brilliant storm, as I see Strauss-Kahn, and that lesson is a bad one for people on the internet, who are becoming commentators and writers, to learn.  They see the successful effects of attack, whether based in truth and credibility or not, and sense that the downsides of backlash and consequence to an accuser's or scandalmongerer's credibility are not serious.

When Georgia State USDA rural development director Shirley Sherrod was fired by Agriculture Secretary Tom Vilsack for making 'alleged' racially-tinged remarks, we also saw consequences meted out before the entire story of that video, brought to light by Andrew Breitbart, was properly considered.

There is no clear fix to these problems.  We don't have a system that would let Strauss-Kahn have his job back, and Aubry is not likely to step aside in her presidential quest and let DSK go back and take the top spot challenging Sarkozy. 

Again, I am not saying that I know if he did or didn't engage in lewd conduct against a hotel chambermaid -- but his legally-based presumed innocence has been inconsequential to the penalties that he's already received, and that's something that should worry us.

-- Steve Clemons is Washington Editor at Large at The Atlantic and can be followed on Twitter at @SCClemons


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Japan’s Ricoh to acquire Pentax camera brand (AFP)

Posted under Technology on Thursday, June 30th, 2011 at 11:34 pm

A young woman with a selection of colorful digital cameras in Yokohama. Japanese office equipment and camera maker Ricoh on Friday said it would acquire Hoya Corporation's Pentax digital camera business in a deal effective October.(AFP/File/Yoshikazu Tsuno)AFP - Japanese office equipment and camera maker Ricoh on Friday said it would acquire Hoya Corporation's Pentax digital camera business in a deal effective October.


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Australian Facebook killer gets life (AFP)

Posted under Technology on Thursday, June 30th, 2011 at 11:23 pm

A vengeful Australian man who wrote on his Facebook page he was AFP - A vengeful Australian man who wrote on his Facebook page he was "bout to kill ma kid" minutes before stabbing his two-year-old daughter to death was jailed for life on Friday.


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Leonard Maltin: OFF-HOLLYWOOD: The Five Best Indie Movies To See This Month

Posted under Uncategorized on Thursday, June 30th, 2011 at 10:53 pm

By Leonard Maltin

Stupid Movie Season continues apace, but there are alternatives for any smart moviegoer who wants to make the effort. If you still haven't seen Woody Allen's Midnight in Paris, Michael Winterbottom's The Trip, or Don McGlynn's Rejoice and Shout, you owe yourself that triple-treat. As usual, a couple of documentaries have commanded their fair share of attention alongside fictional fare.

What's more, two of the year's most interesting films are now available for viewing on demand, as well as on DVD: Barney's Version, a free adaptation of Mordecai Richler's novel starring Paul Giamatti as a lifelong wastrel who finally finds true love, in spite of himself, and the stunning French import Of Gods and Men, which takes place in Algeria, where an outpost of Trappist monks must decide whether it is safe for them to stay and continue their mission.


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Borders agrees to sell itself for $215m – The Guardian

Posted under Business on Thursday, June 30th, 2011 at 10:52 pm


The Guardian

Borders agrees to sell itself for $215m
The Guardian
AP Borders Group has agreed to sell itself to private investment firm Najafi for $215m (£135m) and is seeking court approval for the agreement. Najafi, which owns the Book-of-the-Month Club, will also assume $220m in debt. The agreement is tentative ...
Opening Bidder Picked for Borders AuctionWall Street Journal
Borders receives $215 million bid from Book of the Month Club ownerComic Book Resources
Borders to sell itself to private investment firm for $215 millionChain Store Age
AFP -Bloomberg -The Detroit News
all 203 news articles »
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Crude Oil Falls for First Day in Four After Failing to Breach Resistance – Bloomberg

Posted under Business on Thursday, June 30th, 2011 at 10:51 pm


Irish Times

Crude Oil Falls for First Day in Four After Failing to Breach Resistance
Bloomberg
Oil declined, trimming the biggest weekly gain in almost three months, as signs of slowing manufacturing growth in China and the US, the world's biggest energy users, stoked speculation fuel ...
OIL FUTURES: Crude Down In Profit Taking; But Eyes US DataWall Street Journal
IEA move won't hit crude market long-term-EcuadorReuters
Bumpy road seen after oil prices fallBoston Globe
Houston Chronicle -Edmonton Journal -Economic Times
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Struggling Matusz optioned to Norfolk – MLB.com

Posted under Sports on Thursday, June 30th, 2011 at 10:51 pm


Kansas City Star

Struggling Matusz optioned to Norfolk
MLB.com
BALTIMORE -- Brian Matusz was optioned to Triple-A Norfolk following Baltimore's 9-6 loss to St. Louis on Thursday night. In the defeat, Matusz allowed a season-high eight earned runs on nine hits and ...
Orioles option Matusz to NorfolkLos Angeles Times
Orioles vs. Cardinals: Brian Matusz struggles in 9-6 loss for BaltimoreWashington Post
O's send struggling Matusz to minorsSportingNews.com
ESPN -STLtoday.com -msnbc.com
all 996 news articles »
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Thais face jail if they send campaign Tweets during poll (Reuters)

Posted under Technology on Thursday, June 30th, 2011 at 10:45 pm

Reuters - Thais face jail if they campaign during Sunday's election on social media sites such as Twitter, with more than 100 police monitoring sites to make sure the law is enforced. Comments are off for this article

Judge: Testimony in Casey Anthony case likely to conclude Friday – CNN International

Posted under Nation on Thursday, June 30th, 2011 at 10:41 pm


ABC News

Judge: Testimony in Casey Anthony case likely to conclude Friday
CNN International
(CNN) -- The judge in the Casey Anthony capital murder trial expects testimony to conclude Friday, saying the case could be in the hands of the jury by the weekend. Orange County Chief Judge Belvin Perry Jr. told the courtroom that ...
Anthony doesn't testify at murder trialBoston Globe
Casey Anthony will not testify in murder trialReuters
Casey shockerNew York Post
Boston Herald -ABC News -Daily Beast
all 1,386 news articles »
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Ori Gersht Exhibitions At Angles Galery In Los Angeles

Posted under Uncategorized on Thursday, June 30th, 2011 at 10:30 pm

Israeli artist Ori Gersht has two new shows at Angles Gallery in Los Angeles, which both examine cultural heritage and memory. "Falling Petals" examines the significance of the cherry blossoms in Japanese culture. Cherry Blossoms boom for a short time every year and have appropriated many meanings throughout Japanese history.

Gersht's film "You Will Dance For Me" features Auschwitz survivor Yehudit Arnon, who, at 19 years old was forced to dance for Nazi officers at their Christmas Party. Arnon refused and vowed that if she survived she would dedicate her life to dance, and she did. At 85, she has restricted mobility, but in Gersht's video portrait of her, she dances one more time.

See the images and still from the film below.


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British Government officials ‘sought to play down Fukushima’, emails suggest – Telegraph.co.uk

Posted under World on Thursday, June 30th, 2011 at 10:05 pm


CTV.ca

British Government officials 'sought to play down Fukushima', emails suggest
Telegraph.co.uk
British government officials sought to play down the seriousness of the Fukushima disaster to avoid derailing plans for new nuclear power stations in the UK, internal emails suggest. Two days after the earthquake and tsunami hit Japan on March 11, ...
Tepco's Fukushima Reactors Had Fatal Design Flaw, WSJ ReportsBloomberg
Japan Imposes Energy Limits Amid Power CrunchABC News
Design Flaw Fueled Nuclear DisasterWall Street Journal
The Guardian -Reuters Africa -New York Times
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Muddy Waters’s Block Looking at ‘Suspicious’ Companies – Bloomberg

Posted under Business on Thursday, June 30th, 2011 at 9:28 pm


Business Insider

Muddy Waters's Block Looking at 'Suspicious' Companies
Bloomberg
By Bloomberg News - Fri Jul 01 05:05:09 GMT 2011 Sino-Forest Corp. (TRE), whose largest shareholder is hedge fund Paulson & Co., plunged a second day after a short seller said the forestry company overstated timberland holdings and production, ...
Traders Blitz Spreadtrum CommunicationsWall Street Journal
Muddy Waters-targeted Spreadtrum says accusations "groundless"Reuters
Spreadtrum Stock Gaps Up On Today's Open (SPRD)TheStreet.com
San Francisco Chronicle -Business Insider -Globe and Mail
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Fern Siegel: Stage Door: Cirque du Soliel Zarkana, Measure For Measure

Posted under Uncategorized on Thursday, June 30th, 2011 at 9:16 pm

By moving from its usual big top on Randall's Island to the magnificence of Radio City Music Hall, Zarkana ups its theatrical impact. Set in an abandoned theater in a stylized art deco New York, the latest Cirque extravaganza is darker, more mysterious and cinematic than its predecessors.

Billed as a rock opera, Zarkana has borrowed its visual cues from Art Nouveau, Klimt and the colorful film Moulin Rouge. Its multimedia set design and choreography is wildly artistic -- and more than a little menacing. And it's that dreamy, otherworld aura that best utilizes Radio City's superb technical capabilities.

Set designer Stephane Roy's singular landscape, coupled with beautiful lighting and inspired costumes, propel the tale of Zark, a magician who has lost his mojo and his lover. On a journey to recover both, he is distracted by a series of surreal creatures. This being Cirque du Soliel, the story is abstract; the real joy is the extraordinary acts Zark meets along the way. 2011-07-01-ZarakaAcrobats2.jpg
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ESPN’s ‘lowball’ offer triggered Big Ten expansion – Chicago Tribune

Posted under Sports on Thursday, June 30th, 2011 at 9:09 pm


UT The Daily Texan

ESPN's 'lowball' offer triggered Big Ten expansion
Chicago Tribune
The conventional Big Ten expansion timeline begins Dec. 15, 2009, when the conference released a statement calling for a "thorough evaluation of options." But uncovering the true origin of Nebraska joining ...
Talking Points | Farewell to Nebraska, ColoradoKansas City Star
The Big Ten from A to ZHuskerExtra.com
McKewon: Here's a quick primer on Huskers heritageOmaha World-Herald
Lincoln Journal Star -CBSSports.com -Asheville Citizen-Times
all 63 news articles »
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If you build it (a downtown NFL stadium), LA will come – Los Angeles Times

Posted under Sports on Thursday, June 30th, 2011 at 9:08 pm


TSN

If you build it (a downtown NFL stadium), LA will come
Los Angeles Times
AEG has lived up to its word on Staples Center, and deserves the opportunity to bring football back to town. Pro football games are the center of a national conversation that should involve us. AEG President and CEO Tim Leiweke has guaranteed that city ...
L.A. city council's NFL stadium progress on trackESPN
So. Calif. stadium architect working on rival planSan Jose Mercury News
AEG's West Hall architect designed other LA project's stadiumNFL News
San Francisco Chronicle -OCRegister -Bloomberg
all 304 news articles »
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Snap analysis: Chavez’s cancer surgery rocks Venezuela – Reuters

Posted under World on Thursday, June 30th, 2011 at 9:01 pm


The Hindu

Snap analysis: Chavez's cancer surgery rocks Venezuela
Reuters
CARACAS (Reuters) - President Hugo Chavez's announcement that he had surgery to remove a cancerous tumor has shaken up Venezuelan politics ahead of what was already looking like a tight race for the 2012 election. ...
Chávez Says a Cancerous Tumor Was RemovedNew York Times
Questions grow over health of Venezuela's Hugo ChavezBBC News
Chavez Foe Says He Won't Push for President to Give Up PowerBloomberg
The Associated Press -Los Angeles Times -The Guardian
all 1,792 news articles »
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Mike Ragogna: Chatting With Joe Jackson And Earl Klugh, Plus Mick Harvey’s "The Ballad Of Jay Givens" Video Exclusive

Posted under Uncategorized on Thursday, June 30th, 2011 at 9:00 pm

2011-07-01-51gEtGVe2YL._SL500_AA300_.jpg

A Conversation with Joe Jackson

Mike Ragogna: Joe, how are you?


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The best mobile apps of the month for June 2011 (Appolicious)

Posted under Technology on Thursday, June 30th, 2011 at 9:00 pm

Appolicious - Whether you are looking for the best way to share personal pictures with friends and family members, or want a new casual game to download after conquering Angry Birds, there are several new applications you can tap into on the iPhone, iPod Touch, iPad and Android devices. Here are five of the best apps that were released in June. Comments are off for this article

Fort Worth native Haas tied for lead at AT&T – Fort Worth Star Telegram

Posted under Sports on Thursday, June 30th, 2011 at 8:38 pm


The Guardian

Fort Worth native Haas tied for lead at AT&T
Fort Worth Star Telegram
Fort Worth native and Southlake resident Hunter Haas is tied for the lead at the AT&T National in Newtown Square, Pa., after shooting a 4-under 66 Thursday. Haas, winless on the PGA Tour, and co-leader Adam Scott were two of only 28 players who broke ...
The Buzz | Scores soar at AT&T NationalKansas City Star
Aronimink feels more like US Open than US Open didFox News
Yin and yang top the AT&T leader board | Philadelphia Inquirer | 2011-06-30Philadelphia Inquirer
Los Angeles Times -New York Times
all 325 news articles »
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NBA throws books at players – Boston Herald

Posted under Sports on Thursday, June 30th, 2011 at 8:33 pm


Plain Dealer (blog)

NBA throws books at players
Boston Herald
If you didn't know better (and you know you know better) you'd believe everybody who owns a sports franchise in America is broker than Frank McCourt. At the moment, half of the major team sports in the United States have locked out their ...
BC-NBA Labor,AdvisorySI.com
Breaking Down the Breakdown (NBA Lockout)The Dream Shake
NBA Lockout: Players More United Than 1998, Says Antawn JamisonSB Nation
The Desert Sun -Bleacher Report
all 65 news articles »
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Kodak patent claim against Apple, RIM goes back to judge – Macworld

Posted under Sci/Tech on Thursday, June 30th, 2011 at 8:22 pm


msnbc.com

Kodak patent claim against Apple, RIM goes back to judge
Macworld
The US International Trade Commission handed down a split decision in Kodak's high-stakes patent dispute with Apple and Research In Motion over the built-in cameras in smartphones late Thursday. ...
Kodak's Patent Case Against Apple, RIM Left Unresolved by ITCBloomberg
Kodak's Shares Sink on ITC RulingWall Street Journal
Apple, RIM score a victory against Kodak in billion dollar patent suitApple Insider
Rochester Democrat and Chronicle -Financial Times -ABC News
all 414 news articles »
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Gregory C. Pappas: What Greece Really Needs From Us Right Now

Posted under Uncategorized on Thursday, June 30th, 2011 at 8:09 pm

Something I believe in is the spirit of Greece and the ultimate force that brings her people together in times of crisis and need. Anyone who doubts me need only read the last hundred years of this tiny nation's history.
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A Tablet that Wants to Take Over the Desktop – MIT Technology Review

Posted under Sci/Tech on Thursday, June 30th, 2011 at 8:09 pm


Globe and Mail

A Tablet that Wants to Take Over the Desktop
MIT Technology Review
Cisco has redesigned the Android operating system to make a tablet that also works as a desktop computer—but it takes some control away from users. By Tom Simonite The latest entrant in the increasingly crowded tablet computing field, Cisco's Cius, ...
Cisco Launches App Store For Its Cius TabletInformationWeek
Cisco's Cius tablet to go on sale July 31 for $750Computerworld
First Look: Cisco's Cius TabletPCWorld
CNET -PC Magazine -San Francisco Chronicle
all 133 news articles »
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Tumblr opens doors to government agencies (Daily Caller)

Posted under Politics on Thursday, June 30th, 2011 at 8:06 pm

Daily Caller - The popular blogging platform, Tumblr, has a new set of adopters. Government agencies, from the State Department to the National Archives, are using the microblogging site to give people a look at their inner-workings. Comments are off for this article

Japan business mood to recover from post-quake slump-tankan – Reuters

Posted under Business on Thursday, June 30th, 2011 at 7:58 pm


AFP

Japan business mood to recover from post-quake slump-tankan
Reuters
TOKYO, July 1 (Reuters) - Big Japanese manufacturers turned pessimistic about business conditions for the first time since the global financial crisis in the aftermath of the March 11 earthquake and tsunami but expect ...
Japan manufacturing sentiment decliningBBC News
Japan post-quake business confidence plunges: BoJAFP
Asian Shares Mostly Higher; Tokyo up After TankanWall Street Journal
Bloomberg -Financial Times -MarketWatch
all 267 news articles »
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FTC probes Twitter for antitrust abuses – CNN

Posted under Business on Thursday, June 30th, 2011 at 7:38 pm


KOMO News

FTC probes Twitter for antitrust abuses
CNN
NEW YORK (CNNMoney) -- The Federal Trade Commission has launched an investigation into Twitter, focusing on the company's interactions with outside developers who build around its platform. ...
Antitrust Regulator Makes Twitter InquiriesWall Street Journal
The FTC Is Investigating TwitterBusiness Insider
Regulators probe Twitter's handling of app developersFinancial Times
Bloomberg -Washington Post -Reuters
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Is Facebook launching an ‘awesome’ iPad feature next week? (Digital Trends)

Posted under Technology on Thursday, June 30th, 2011 at 7:35 pm

Digital Trends - Facebook is building buzz about a mysterious new feature they will be launching next week. What could it be? Comments are off for this article

Asia stocks up as Greece clears bailout hurdle – The Associated Press

Posted under Business on Thursday, June 30th, 2011 at 7:30 pm


Columbus Ledger-Enquirer

Asia stocks up as Greece clears bailout hurdle
The Associated Press
SHANGHAI (AP) — Asian markets advanced Friday as investors took heart from debt-strapped Greece's approval of harsh austerity measures required for it to receive further emergency loans. Oil prices dipped below $95 per barrel after China reported ...
Nikkei rises on receding worries on Greece, US economyReuters
Asia stocks up as Greece clears bailout hurdleNewsday (subscription)
Asian Stocks Rise On Greece HopesRTT News

all 143 news articles »
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Results of fast food survey – 6abc.com

Posted under Business on Thursday, June 30th, 2011 at 7:25 pm


Moneycontrol.com

Results of fast food survey
6abc.com
June 30, 2011 (WPVI) -- Consumer Reports is out with the results of its first ever Fast Food Survey and it's no happy meal for the biggest chains. The study showed people rated McDonald's, Burger King, Taco Bell and KFC as some of the worst among 53 ...
In-N-Out Burger beats McDonald's in Consumer Reports fast food RatingsConsumerReports.org
In-N-Out up, McDonald's down in fast food surveyCNNMoney
Big fast-food chains lag rivals in taste - surveyReuters
The Consumerist -Bizjournals.com -MSN Money
all 161 news articles »
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Richard (RJ) Eskow: The "Social Security Chain-CPI Massacre": Underhanded, Unnecessary, Unfair, Un-American

Posted under Uncategorized on Thursday, June 30th, 2011 at 7:15 pm

Do you hear a noise like power saws cutting away at your Social Security benefits? That's the sound of the politicians promoting the "chained CPI," Washington's latest gimmick for tricking voters and cutting their hard-earned benefits.
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Corn Prices Fall Sharply After a Larger-Than-Expected Estimate of Crop – New York Times

Posted under Business on Thursday, June 30th, 2011 at 7:03 pm


Fox News

Corn Prices Fall Sharply After a Larger-Than-Expected Estimate of Crop
New York Times
By AP The nation's farmers have planted the second-largest corn crop in nearly seven decades, the Agriculture Department reported Thursday, setting off a sharp decline in prices. The size of this year's corn crop will be 92.3 million acres, ...
GRAINS-UPDATE 1-U.S. corn, wheat continue plunge on higher stocksReuters
Corn acres are busting out all overLincoln Journal Star
Corn outlook: AbundanceMinneapolis Star Tribune
Bloomberg -Business Insider -Financial Times
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Kabul Hotel Attack Underscores Hurdles in Push to ‘Reconcile’ Taliban – Fox News

Posted under World on Thursday, June 30th, 2011 at 7:03 pm


Globe and Mail

Kabul Hotel Attack Underscores Hurdles in Push to 'Reconcile' Taliban
Fox News
AP An Afghan army officer mans a heavy gun mounted to a vehicle at the entrance to the InterContinental hotel, which came under attack in Kabul, Afghanistan, June 29. The deadly attack earlier this week on a western-style hotel in Kabul could throw ...
NATO air strike kills fighter linked to Afghan hotel attackReuters
US and Taliban Diverge on Meaning of Kabul SiegeWall Street Journal
NATO blames Haqqani for attack on Afghan hotelThe Associated Press
Washington Post -BBC News -Voice of America
all 3,621 news articles »
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Matt Foreman: Celebrating The Gains Of Underdog LGBT Groups

Posted under Uncategorized on Thursday, June 30th, 2011 at 7:00 pm

As we celebrate the New York marriage vote and the 42nd anniversary of the Stonewall Riots, it's time to take real pride in the LGBT organizations that do us proud every day of the year.
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Make Google+ Look More Like Facebook (Mashable)

Posted under Technology on Thursday, June 30th, 2011 at 6:37 pm

Mashable - A new userscript style makes Google+ look even more like Facebook. Since its launch earlier this week, Google+ has frequently been compared to Facebook, both in its focus and its user interface. Comments are off for this article

Robert Teitelman: Morgenson and Rosner’s "Reckless Endangerment"

Posted under Uncategorized on Thursday, June 30th, 2011 at 6:28 pm

There are roughly two kinds of books written about the financial crisis, much as there are two broad reactions to events that culminated in the implosion of 2008: There are those that view the events as an intricate historical tangle that needs to be combed through and understood, and that tend to see ignorance, failure, error and ambiguity as presiding deities over a systemic crisis. In this approach, few escape complicity; the game is to discriminate between greater and lesser evils. Then there are the books that make a more focused argument for an eternal war of good and evil, for a more political and more moralistic perspective. Terrible events presuppose the presence of terrible people and terrible decisions. Malefactors must be punished. All history culminates in disaster and has to be judged by that disaster. These books tend to feature powerfully simple arguments, full of characters wearing black hats and white hats. In the former category fall books as disparate as Andrew Ross Sorkin's "Too Big to Fail" and Bethany McLean and Joe Nocera's "All the Devils Are Here." In the latter case, we have Simon Johnson and James Kwak's "13 Bankers" and the long-awaited dissection of the mortgage crisis from The New York Times' Gretchen Morgenson and Graham Fisher & Co. mortgage analyst Joshua Rosner, "Reckless Endangerment: How Outsized Ambition, Greed and Corruption Led to Economic Armageddon."

The title of Morgenson and Rosner's book fully captures the thrust of their argument. It's about ambition, greed and corruption -- not intellectual error, a failure of understanding, incompetence and cosmically bad luck mixed with greed and corruption. It's not about breakdown or failure, but "Armageddon." It is thus a highly moralistic tract that argues that the subprime crisis, literally and figuratively, stemmed from a group of powerful men who deliberately turned housing finance in the United States to their self-interested ends. It argues that the mortgage "bubble" was at the heart of the crisis, and that other issues from easy Federal Reserve money to trade imbalances to globalization to overwhelming systemic complexity to financial innovation were either secondary or beside the point. This point of view allows Morgenson and Rosner to simplify the complex evolution of mortgages to what they view as an illicit takeover of the business and recast the two big mortgage government-sponsored enterprises, Fannie Mae and Freddie Mac, as the necessary ignition of implosion (they don't explain how the crisis spread internationally).


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David Finkle: First Nighter: Two Shakespeare "Problem" Plays Cause Additional Problems in Central Park

Posted under Uncategorized on Thursday, June 30th, 2011 at 6:15 pm

The "problem plays" Shakespeare uncorked in the early 17th century contain enough problems that there's no call for directors and players to add new ones. That, however, is what's transpiring in the Public Theater's summer 2011 Central Park offerings.
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Transocean: No Apologies Over Gulf Oil Spill – BusinessWeek

Posted under Business on Thursday, June 30th, 2011 at 5:53 pm


BusinessWeek

Transocean: No Apologies Over Gulf Oil Spill
BusinessWeek
From the day its Deepwater Horizon rig exploded, Transocean has denied wrongdoing, deflected blame, and paid dividends, not cleanup costs. So far, its hardball strategy is working By Paul M. Barrett Fourteen months after the Deepwater Horizon drilling ...
Gulf oil spill: Transocean report continues the circular finger-pointingChristian Science Monitor
Deepwater Horizon Oil SpillTPMMuckraker
ISO action plan proposes standards to combat oil spill disastersManufacturing.net
Forbes -istockAnalyst.com (press release) -Nature.com (subscription) (blog)
all 29 news articles »
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London premiere of last Harry Potter film to be livecast on YouTube (Yahoo! News)

Posted under Technology on Thursday, June 30th, 2011 at 5:14 pm

Yahoo! News - On July 7, YouTube will be live streaming the red carpet premiere of Harry Potter and the Deathly Hallows Part 2 from Trafalgar Square in London. Many famous faces are expected to appear at the event, including author J.K. Rowling, … Comments are off for this article

London premiere of last Harry Potter film to be livecast on YouTube (Yahoo! News)

Posted under Technology on Thursday, June 30th, 2011 at 5:14 pm

Yahoo! News - On July 7, YouTube will be live streaming the red carpet premiere of Harry Potter and the Deathly Hallows Part 2 from Trafalgar Square in London. Many famous faces are expected to appear at the event, including author J.K. Rowling, … Comments are off for this article

Call of Duty: Black Ops – Annihilation map pack review (Digital Trends)

Posted under Technology on Thursday, June 30th, 2011 at 5:08 pm

Digital Trends - The third and possibly final Call of Duty: Black Ops map pack, Annihilation, has been released for Xbox Live (with PC and PS3 releases due out soon), and if this is the final release, Treyarch is going out in style. Comments are off for this article

President Obama to host town hall meeting on Twitter (Digital Trends)

Posted under Technology on Thursday, June 30th, 2011 at 5:07 pm

Digital Trends - Twitter is about to get a lot more serious. On July 6, President Obama will use the same social media network we turn to for the ranting of friends and musings of Shaquille O’Neill to host a live town hall meeting, marking the first-ever Whitehouse town hall meeting to use Twitter. Specifically, the official site states that the President will answer questions about the economy and jobs, but we sure hope that he will be tackling more topics then just those two. Comments are off for this article

Strauss-Kahn Prosecution Said to Be Near Collapse – New York Times

Posted under World on Thursday, June 30th, 2011 at 5:07 pm


CTV.ca

Strauss-Kahn Prosecution Said to Be Near Collapse
New York Times
The sexual assault case against Dominique Strauss-Kahn is on the verge of collapse as investigators have uncovered major holes in the credibility of the housekeeper who charged that he attacked her in ...
In Strauss-Kahn case, DA weighs limited optionsThe Associated Press
Dominique Strauss-Kahn case shakes France's macho cultureThe Guardian
Strauss-Kahn: A Step Closer to Freedom and the French Presidency?ABC News
Telegraph.co.uk -Bloomberg -Wall Street Journal
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For Jeter, Trenton Is the Next Stop – New York Times

Posted under Sports on Thursday, June 30th, 2011 at 5:01 pm


TSN

For Jeter, Trenton Is the Next Stop
New York Times
Derek Jeter, who has been on the disabled list since June 14 with a strained right calf, will probably play the first of two rehabilitation games Saturday for the Yankees' Class AA farm team in Trenton, Manager Joe Girardi said after ...
MLB Capsules - Teams: Jeter lined up to rejoin Yankees on MondayBrownsville Herald
Captain could rejoin Yankees after weekend in Double-A TrentonMLB.com
SBJ: Trenton Thunder likely to sell out Jeter rehab gamesSportingNews.com
New York Post -ESPN -Boston Herald
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Youth Radio — Youth Media International: You Can Lead A Kid To Water

Posted under Uncategorized on Thursday, June 30th, 2011 at 4:48 pm

Originally published on Youthradio.org, the premier source for youth generated news throughout the globe.

By: Sayre Quevedo

During the beginning of my freshman year, the carbonated citrus drink Orangina was big on campus. When I had extra change to spare, I would schlep across the school quad to the vending machines and grab one. Then one day, Orangina and sodas disappeared from vending machines at my San Francisco public high school in compliance with a state law banning the sale of soft drinks in high schools during the school day.

Now, a new California law aims to promote even healthier drinking habits by making water more accessible to students throughout the state. SB1413 requires schools to provide access to free fresh water in cafeterias by July 1st, 2011.

Some schools have gone as far as installing full-blown hydration stations, allowing students to fill reusable bottles (preferably not plastic) with filtered water. Other schools are making due with water fountains. And then there are schools that plan to utilize an opt out provision that allows schools to claim financial hardship. Many critics call the provision an unnecessary loophole that will adversely affect students' health.

My school, Ruth Asawa School of the Arts in San Francisco (SOTA), is going the route of relying on water fountains to comply with the new law. But rumors of lead-laden pipes and germ-covered spouts keep many of my fellow students from actually using the fountains. Instead, a lot of my friends tend to drink minimal amounts of water, taking sips from the fountain only when absolutely necessary or buying bottled water or energy drinks from the vending machines.

This month, I put water fountains across San Francisco Unified School District to the test with the help of Darleen Franklin, a researcher in San Francisco State University's biology department. She examined the bacterial content of fountain water in three district schools. Our reporting also looks into the water supply at Oakland Unified School District. For more than six years, the East Bay Academy for Young Scientists at UC Berkeley's Lawrence Hall of Science has enlisted students to test mineral content in samples from water fountains across that district, where they've reported lead levels above EPA standards.

Check out the slide show to find out the results of our water tests, and to learn more about the challenges of getting students and schools to make water a priority.

[ED NOTE: CLICK "SHOW INFO" TO SEE CAPTIONS]

More Info: Youth Radio Investigates is an NSF-supported science reporting series in which young journalists collect and analyze original data with professional scientists, and then tell unexpected stories about what they discover.


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Sabres sign Christian Ehrhoff to 10-year, $40M contract – USA Today

Posted under Sports on Thursday, June 30th, 2011 at 4:33 pm


Boston Globe

Sabres sign Christian Ehrhoff to 10-year, $40M contract
USA Today
The Buffalo Sabres continued their aggressive remaking of their defense Thursday when they signed Christian Ehrhoff to a 10-year, $40 million deal. By Anne-Marie Sorvin, US Presswire Christian Ehrhoff will get ...
Sabres ink EhrhoffLos Angeles Times
Ehrhoff agrees to contract with SabresNHL.com
Christian Ehrhoff Signs 10-Year Deal With SabresSB Nation
ESPN (blog) -WGRZ-TV -msnbc.com
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Libyan rebels hope French weapons will break Misrata stalemate – The Guardian

Posted under World on Thursday, June 30th, 2011 at 4:24 pm


The Guardian

Libyan rebels hope French weapons will break Misrata stalemate
The Guardian
A Libyan rebel controls an anti-aircraft machine gun on the outskirts of Misrata. Rebels are in discussion with France to supply guns and ammunition. Photograph: Gianluigi Guercia/AFP/Getty Images Libyan rebels in Misrata said on Thursday night that ...
Qaddafi's Daughter: Libyan Government in Negotiations With RebelsFox News
Rebels in Libya's west gain groundLos Angeles Times
Russia criticises France over Libya arms dropAljazeera.net
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Recap: Tigers 5, Mets 2 – Los Angeles Times

Posted under Sports on Thursday, June 30th, 2011 at 4:14 pm


Yahoo! Sports (blog)

Recap: Tigers 5, Mets 2
Los Angeles Times
Justin Verlander continued his incredible run with seven strong innings as the Detroit Tigers salvaged the finale of their three-game interleague series against the New York Mets with a 5-2 home victory on Thursday afternoon. ...
Mets' Jon Niese, cleared to pitch Friday, says heart races on moundThe Star-Ledger - NJ.com
CAPUTO: In some ways, this was Verlander's best start yet WITH VIDEORoyal Oak Daily Tribune
Verlander Cools the Hot-Hitting MetsNew York Times
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‘Rio’ home video version to offer ‘Angry Birds’ – USA Today

Posted under Sci/Tech on Thursday, June 30th, 2011 at 4:07 pm


USA Today

'Rio' home video version to offer 'Angry Birds'
USA Today
Some highflying birds of a feather — the video game Angry Birds and the movie hit Rio— are sticking together for a lofty home video release. Rovio, the studio that developed Angry Birds, have created 15 new Rio-themed levels ...
"Angry Birds" Movie is Moving ForwardWorstPreviews.com
Angry Birds Hitting A New Format - Home VideoAppscout
Ex-Marvel Boss Producing Angry BirdsIGN
AsiaOne -Variety -TMR Zoo
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Shannon Brown terminates final year of contract with Lakers – Los Angeles Times

Posted under Sports on Thursday, June 30th, 2011 at 4:03 pm


MLive.com

Shannon Brown terminates final year of contract with Lakers
Los Angeles Times
The 6-foot-4 guard says it's the best time to become a free agent despite the NBA lockout. He hasn't ruled out re-signing with the Lakers but says, 'I don't know if they will rule me out.' Lakers guard Shannon Brown has terminated the final year of his ...
Lakers guard Brown opts out of contractUSA Today
Lakers G Brown opts out, will test free agencyESPN
Shannon Brown Opts Out Of Lakers Contract, Team AnnouncesSB Nation
Bellingham Herald -SB Nation Los Angeles
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