The Justice Department filed civil fraud charges late on Monday against the nation’s largest credit-ratings agency, Standard & Poor’s, accusing the firm of inflating the ratings of mortgage investments and setting them up for a crash when the financial crisis struck.The suit, filed in federal court in Los Angeles, is the first significant federal action against the ratings industry, which during...
Feb
04
Scientists identify remains as those of King Richard III
Label: World LONDON – More than 500 years after his death in battle, scientists announced Monday that they had definitively identified a...
Amputee Soccer Players Face Their Prosthetists — On the Field
Label: Technology LONDON — The beautiful game was exactly that as amputee footballers took to a pitch in the heart of the city to challenge the men who made their prosthetics.Players on both sides of the field share a deep passion for the game Americans call soccer, and a deep respect for what their opponents have done. Three of the men on the field lost limbs to the game they love, and feel a debt of gratitude...
Ex-Israeli security chiefs speak out in Oscar documentary nominee
Label: LifestyleNEW YORK (Reuters) – The Oscar-nominated documentary “The Gatekeepers” focuses on Israel, but its director says that all countries can gain insight about the risks that arise if secretive security agencies operate without adequate restraints.In “The Gatekeepers,” six former heads of Israeli internal security and intelligence agency Shin Bet reflect on their failures and successes in gathering information...
Medicines Co. Licenses Rights to Cholesterol Drug
Label: Health The drug, known as ALN-PCS, inhibits a protein in the body known as PCSK9. Such drugs might one day be used to treat millions of people who do not achieve sufficient cholesterol-lowering from commonly used statins, such as Lipitor. The Medicines Company will pay $25 million initially and as much as $180 million later if certain development and sales goals are met, under the deal expected to...
DealBook: New Details Suggest a Defense in SAC Case
Label: BusinessAt the center of the government’s insider trading case against a former portfolio manager at the hedge fund SAC Capital Advisors is a trade that directly involves Steven A. Cohen, the billionaire owner of the fund.New details about the case have emerged that could cast doubt on the way that trade has been portrayed by the authorities, suggesting a possible line of defense for the portfolio manager...
Wired Science Space Photo of the Day: Wheatley Crater on Venus
Label: TechnologyMagellan radar image of Wheatley crater on Venus. This 72 km diameter crater shows a radar bright ejecta pattern and a generally flat floor with some rough raised areas and faulting. The crater is located in Asteria Regio at 16.6N,267E. Image: NASA/GSFC [high-resolution]Caption: N...
Affleck wins directors award as ‘Argo’ hurtles to Oscars
Label: LifestyleLOS ANGELES (Reuters) – Actor-turned-filmmaker Ben Affleck won the top honor from his peers at the Directors Guild of America on Saturday for the movie “Argo“, cementing the Iran hostage drama’s frontrunner status for the Oscars.The Hollywood directors‘ recognition for Affleck, however, is an awkward result for the Academy of Motion Pictures Arts and Sciences, which failed to nominate him for Best...
Concerns About A.D.H.D. Practices and Amphetamine Addiction
Label: HealthBefore his addiction, Richard Fee was a popular college class president and aspiring medical student. "You keep giving Adderall to my son, you're going to kill him," said Rick Fee, Richard's father, to one of his son's doctors. VIRGINIA BEACH — Every morning on her way to work, Kathy Fee holds her breath as she drives past the squat brick building that houses Dominion Psychiatric Associates. ...
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