Philippine police and the FBI have arrested four people over a hacking operation that targeted customers of U.S. telecommunications giant AT&T to funnel money to a Saudi-based terrorist group.
Those arrested on Wednesday in Manila were paid by the same group the Federal Bureau of Investigation accuses of having funded the November 2008 attacks in Mumbai, the Philippines' Criminal Investigation and Detection Group (CIDG) said.
The hacking activity resulted in almost $2 million in losses incurred by AT&T, the CIDG said in a statement.
Police in the Philippines said money from the scams was diverted to accounts of a Saudi-based group that was not identified. India blames Pakistan-based Lashkar-e-Taiba for carrying out the attacks in Mumbai that killed 166 people.
FBI spokeswoman Jenny Shearer said hackers targeted customers of AT&T, not the carrier itself. She declined to give details, saying the agency does not discuss investigations.
Hackers broke into the phone systems of some AT&T customers and made calls to expensive international premium-rate services, according to a person familiar with the situation who was not authorized to discuss it publicly.
Such scams are relatively common, often involving bogus premium-service phone lines set up across Eastern Europe, Africa and Asia.
Fraudsters make calls to the numbers from hacked business phone systems or mobile phones then collect their cash and move on before the activity is identified. Telecommunications carriers often end up footing the bill for the charges.
Jan Rasmussen, a spokeswoman for AT&T, said it wrote off some fraudulent charges that appeared on customer bills. She declined to elaborate or comment on the $2 million figure.
Earlier this week, AT&T said it was investigating an attempt to access customer information but did not believe any accounts had been breached.
The CIDG said the FBI sought the help of its Anti-Transnational and Cyber Crime Division (ATCCD) in March after it found the Saudi-based group had targeted AT&T using the hackers.
Among the four people arrested was Paul Michael Kwan, 29, who ATCCD chief Police Senior Superintendent Gilbert Sosa said had been arrested in 2007 after the FBI began an international crackdown on groups suspected of financing militant activities.
Sosa said the Filipinos were being paid by a group originally run by Muhammad Zamir, a Pakistani arrested in Italy in 2007. He said Zamir was a member of Jemaah Islamiah, a Southeast Asian militant network with links to al Qaeda.
"Zamir's group, later tagged by the FBI to be the financial source of the terrorist attack in Mumbai, India, on November 26, 2008, is also the same group that paid Kwan's group of hackers in Manila," Sosa said in the statement.
Social Justice: Current Affairs, Business, Politics, and all the reasons in the world to Thrive on Creative Discontent!
Saturday, November 26, 2011
Meat grown in a lab v a farm = would you like to know before you bite that burger?
Yesterday, a ballot initiative that would require the labeling of all genetically engineered (GE) foods sold in California was submitted to the Attorney General’s office. The initiative has the support from a coalition of consumer groups and organic food companies – this coalition is expected to grow as the campaign unfolds in the coming months.
The California Right to Know Genetically Engineered Food Act is an initiative intended to be on the California ballot in November 2012, pending securing enough signatures to qualify it for the ballot. The Act would simply require that food sold in
retail outlets be labeled if it is genetically engineered, or if it contains genetically
engineered ingredients.
“Genetic engineering adds completely new elements into our food. Because the FDA has failed to require labeling of GMO food, this initiative closes a critical loophole in food labeling law. It will allow Californians to choose what they buy and eat and will allow health professionals to track any potential adverse health impacts of these foods.” said Andy Kimbrell, Executive Director of the Center for Food Safety. “Genetically engineering food can cause unintended consequences and because there have been no long term studies, we are unsure of how GMOs may affect our health.”
Center for Food Safety (CFS) believes that consumers have a right to know what’s in the food we eat and feed our children, including whether food is genetically engineered. We all should be able to make informed choices, and have the ability to choose whether to buy genetically engineered food or not.
Stay tuned to CFS’s websites for more information on this issue in the coming weeks!
The California Right to Know Genetically Engineered Food Act is an initiative intended to be on the California ballot in November 2012, pending securing enough signatures to qualify it for the ballot. The Act would simply require that food sold in
retail outlets be labeled if it is genetically engineered, or if it contains genetically
engineered ingredients.
“Genetic engineering adds completely new elements into our food. Because the FDA has failed to require labeling of GMO food, this initiative closes a critical loophole in food labeling law. It will allow Californians to choose what they buy and eat and will allow health professionals to track any potential adverse health impacts of these foods.” said Andy Kimbrell, Executive Director of the Center for Food Safety. “Genetically engineering food can cause unintended consequences and because there have been no long term studies, we are unsure of how GMOs may affect our health.”
Center for Food Safety (CFS) believes that consumers have a right to know what’s in the food we eat and feed our children, including whether food is genetically engineered. We all should be able to make informed choices, and have the ability to choose whether to buy genetically engineered food or not.
Stay tuned to CFS’s websites for more information on this issue in the coming weeks!
Renewable Energy Investment Surpasses Fossil Fuels for 1st Time!!!
Renewable energy is surpassing fossil fuels for the first time in new power-plant investments, shaking off setbacks from the financial crisis and an impasse at the United Nations global warming talks.
Electricity from the wind, sun, waves and biomass drew $187 billion last year compared with $157 billion for natural gas, oil and coal, according to calculations by Bloomberg New Energy Finance using the latest data. Accelerating installations of solar- and wind-power plants led to lower equipment prices, making clean energy more competitive with coal.
"The progress of renewables has been nothing short of remarkable," United Nations Environment Program Executive Secretary Achim Steiner said in an interview. "You have record investment in the midst of an economic and financial crisis."
The findings indicate the world is shifting toward consuming more renewable energy even without a global agreement on limiting greenhouse gases. Delegates from more than 190 nations converge in Durban, South Africa, on Nov. 28 to discuss new measures for limiting emissions damaging the climate.
The renewables boom, spurred by about $66 billion of subsidies last year, intensified competition between wind- turbine and solar-panel manufacturers, gutting margins from the biggest producers led by Vestas Wind Systems A/S and First Solar Inc. The 95-member WilderHill New Energy Index of renewable- energy stocks has tumbled 40 percent this year, steeper than the 14 percent drop in the MSCI World Index.
Electricity from the wind, sun, waves and biomass drew $187 billion last year compared with $157 billion for natural gas, oil and coal, according to calculations by Bloomberg New Energy Finance using the latest data. Accelerating installations of solar- and wind-power plants led to lower equipment prices, making clean energy more competitive with coal.
"The progress of renewables has been nothing short of remarkable," United Nations Environment Program Executive Secretary Achim Steiner said in an interview. "You have record investment in the midst of an economic and financial crisis."
The findings indicate the world is shifting toward consuming more renewable energy even without a global agreement on limiting greenhouse gases. Delegates from more than 190 nations converge in Durban, South Africa, on Nov. 28 to discuss new measures for limiting emissions damaging the climate.
The renewables boom, spurred by about $66 billion of subsidies last year, intensified competition between wind- turbine and solar-panel manufacturers, gutting margins from the biggest producers led by Vestas Wind Systems A/S and First Solar Inc. The 95-member WilderHill New Energy Index of renewable- energy stocks has tumbled 40 percent this year, steeper than the 14 percent drop in the MSCI World Index.
Occupy Wall Street Vision Statement & potential Demands
We Envision:
[1] a truly free, democratic, and just society;
[2] where we, the people, come together and solve our problems by consensus;
[3] where people are encouraged to take personal and collective responsibility and participate in decision making;
[4] where we learn to live in harmony and embrace principles of toleration and respect for diversity and the differing views of others;
[5] where we secure the civil and human rights of all from violation by tyrannical forces and unjust governments;
[6] where political and economic institutions work to benefit all, not just the privileged few;
[7] where we provide full and free education to everyone, not merely to get jobs but to grow and flourish as human beings;
[8] where we value human needs over monetary gain, to ensure decent standards of living without which effective democracy is impossible;
[9] where we work together to protect the global environment to ensure that future generations will have safe and clean air, water and food supplies, and will be able to enjoy the beauty and bounty of nature that past generations have enjoyed.
10 Things We Want
A Proposal for Occupy Wall Street
Submitted by Michael Moore
1. Eradicate the Bush tax cuts for the rich and institute new taxes on the wealthiest Americans and on corporations, including a tax on all trading on Wall Street (where they currently pay 0%).
2. Assess a penalty tax on any corporation that moves American jobs to other countries when that company is already making profits in America. Our jobs are the most important national treasure and they cannot be removed from the country simply because someone wants to make more money.
3. Require that all Americans pay the same Social Security tax on all of their earnings (normally, the middle class pays about 6% of their income to Social Security; someone making $1 million a year pays about 0.6% (or 90% less than the average person). This law would simply make the rich pay what everyone else pays.
4. Reinstate the Glass-Steagall Act, placing serious regulations on how business is conducted by Wall Street and the banks.
5. Investigate the Crash of 2008, and bring to justice those who committed any crimes.
6. Reorder our nation's spending priorities (including the ending of all foreign wars and their cost of over $2 billion a week). This will re-open libraries, reinstate band and art and civics classes in our schools, fix our roads and bridges and infrastructure, wire the entire country for 21st century internet, and support scientific research that improves our lives.
7. Join the rest of the free world and create a single-payer, free and universal health care system that covers all Americans all of the time.
8. Immediately reduce carbon emissions that are destroying the planet and discover ways to live without the oil that will be depleted and gone by the end of this century.
9. Require corporations with more than 10,000 employees to restructure their board of directors so that 50% of its members are elected by the company’s workers. We can never have a real democracy as long as most people have no say in what happens at the place they spend most of their time: their job. (For any U.S. businesspeople freaking out at this idea because you think workers can't run a successful company: Germany has a law like this and it has helped to make Germany the world’s leading manufacturing exporter.)
10. We, the people, must pass three constitutional amendments that will go a long way toward fixing the core problems we now have. These include:
a) A constitutional amendment that fixes our broken electoral system by 1) completely removing campaign contributions from the political process; 2) requiring all elections to be publicly financed; 3) moving election day to the weekend to increase voter turnout; 4) making all Americans registered voters at the moment of their birth; 5) banning computerized voting and requiring that all elections take place on paper ballots.
b) A constitutional amendment declaring that corporations are not people and do not have the constitutional rights of citizens. This amendment should also state that the interests of the general public and society must always come before the interests of corporations.
c) A constitutional amendment that will act as a "second bill of rights" as proposed by President Frankin D. Roosevelt: that every American has a human right to employment, to health care, to a free and full education, to breathe clean air, drink clean water and eat safe food, and to be cared for with dignity and respect in their old age.
[1] a truly free, democratic, and just society;
[2] where we, the people, come together and solve our problems by consensus;
[3] where people are encouraged to take personal and collective responsibility and participate in decision making;
[4] where we learn to live in harmony and embrace principles of toleration and respect for diversity and the differing views of others;
[5] where we secure the civil and human rights of all from violation by tyrannical forces and unjust governments;
[6] where political and economic institutions work to benefit all, not just the privileged few;
[7] where we provide full and free education to everyone, not merely to get jobs but to grow and flourish as human beings;
[8] where we value human needs over monetary gain, to ensure decent standards of living without which effective democracy is impossible;
[9] where we work together to protect the global environment to ensure that future generations will have safe and clean air, water and food supplies, and will be able to enjoy the beauty and bounty of nature that past generations have enjoyed.
10 Things We Want
A Proposal for Occupy Wall Street
Submitted by Michael Moore
1. Eradicate the Bush tax cuts for the rich and institute new taxes on the wealthiest Americans and on corporations, including a tax on all trading on Wall Street (where they currently pay 0%).
2. Assess a penalty tax on any corporation that moves American jobs to other countries when that company is already making profits in America. Our jobs are the most important national treasure and they cannot be removed from the country simply because someone wants to make more money.
3. Require that all Americans pay the same Social Security tax on all of their earnings (normally, the middle class pays about 6% of their income to Social Security; someone making $1 million a year pays about 0.6% (or 90% less than the average person). This law would simply make the rich pay what everyone else pays.
4. Reinstate the Glass-Steagall Act, placing serious regulations on how business is conducted by Wall Street and the banks.
5. Investigate the Crash of 2008, and bring to justice those who committed any crimes.
6. Reorder our nation's spending priorities (including the ending of all foreign wars and their cost of over $2 billion a week). This will re-open libraries, reinstate band and art and civics classes in our schools, fix our roads and bridges and infrastructure, wire the entire country for 21st century internet, and support scientific research that improves our lives.
7. Join the rest of the free world and create a single-payer, free and universal health care system that covers all Americans all of the time.
8. Immediately reduce carbon emissions that are destroying the planet and discover ways to live without the oil that will be depleted and gone by the end of this century.
9. Require corporations with more than 10,000 employees to restructure their board of directors so that 50% of its members are elected by the company’s workers. We can never have a real democracy as long as most people have no say in what happens at the place they spend most of their time: their job. (For any U.S. businesspeople freaking out at this idea because you think workers can't run a successful company: Germany has a law like this and it has helped to make Germany the world’s leading manufacturing exporter.)
10. We, the people, must pass three constitutional amendments that will go a long way toward fixing the core problems we now have. These include:
a) A constitutional amendment that fixes our broken electoral system by 1) completely removing campaign contributions from the political process; 2) requiring all elections to be publicly financed; 3) moving election day to the weekend to increase voter turnout; 4) making all Americans registered voters at the moment of their birth; 5) banning computerized voting and requiring that all elections take place on paper ballots.
b) A constitutional amendment declaring that corporations are not people and do not have the constitutional rights of citizens. This amendment should also state that the interests of the general public and society must always come before the interests of corporations.
c) A constitutional amendment that will act as a "second bill of rights" as proposed by President Frankin D. Roosevelt: that every American has a human right to employment, to health care, to a free and full education, to breathe clean air, drink clean water and eat safe food, and to be cared for with dignity and respect in their old age.
Friday, November 25, 2011
Germany: Water Canons on protesters.
Scuffles broke out between anti-nuclear protesters and German police early on Saturday (November 26) in the northern town of Metzingen. This is some 30 kilometres away from where a shipment of highly radioactive nuclear waste was expected to arrive at a storage depot later over weekend.
Police used water cannons on a smaller group of protesters which had distanced itself from a nearby "camp" of some 700 to 800 activists, many of whom shouted at police to "go away."
A heavily protected train carrying 150 tonnes of reprocessed nuclear waste was en route to the Gorleben storage site in Germany's Lower Saxony state. The train left Areva's nuclear fuel reprocessing facility in Normandy, France on Wednesday (November 23) after scuffles there between police and hundreds of protesters who tried to foil the transport by occupying train tracks near the town of Valognes.
The train was the last of 12 shipments of treated German nuclear waste sent in recent years from France to Gorleben.
Police used water cannons on a smaller group of protesters which had distanced itself from a nearby "camp" of some 700 to 800 activists, many of whom shouted at police to "go away."
A heavily protected train carrying 150 tonnes of reprocessed nuclear waste was en route to the Gorleben storage site in Germany's Lower Saxony state. The train left Areva's nuclear fuel reprocessing facility in Normandy, France on Wednesday (November 23) after scuffles there between police and hundreds of protesters who tried to foil the transport by occupying train tracks near the town of Valognes.
The train was the last of 12 shipments of treated German nuclear waste sent in recent years from France to Gorleben.
MF Global, PricewaterhouseCoopers, and video tapes...
Six months ago the accounting firm PricewaterhouseCoopers LLP said MF Global Holdings Ltd. and its units “maintained, in all material respects, effective internal control over financial reporting as of March 31, 2011.” A lot of people who relied on that opinion lost a ton of money.
MF Global filed for bankruptcy on Oct. 31. This week the trustee for the liquidation of its U.S. brokerage unit said as much as $1.2 billion of customer money is missing, maybe more. Those deposits should have been kept segregated from the company’s funds. By all indications, they weren’t.
What’s the point of having auditors do reports like this? And are they worth the cost? It’s getting harder to answer those questions in a way the accounting profession would favor.
When an auditor certifies that a client’s internal controls are effective, that’s supposed to mean the company can do basic functions like maintain accurate financial records, detect unauthorized transactions and keep track of its receipts and expenditures. We know MF couldn’t do these things during the final days before its bankruptcy filing, when former New Jersey Governor Jon Corzine was still its chief executive officer.
“Their books are a disaster,” Scott O’Malia, a commissioner at the Commodity Futures Trading Commission, told the Wall Street Journal in an interview two weeks ago. The newspaper also quoted Thomas Peterffy, CEO of Interactive Brokers Group Inc., saying: “I always knew the records were in shambles, but I didn’t know to what extent.” Interactive Brokers backed out of a potential deal to buy MF last month after finding discrepancies in its financial reports.
If Pricewaterhouse can’t spot control weaknesses at a relatively small shop like MF, which had $41 billion of assets, it’s a bit much to expect that the firm would catch anything materially amiss at Goldman, which has $949 billion of assets, or at a serial acquirer such as JPMorgan, with $2.3 trillion of assets.
MF Global filed for bankruptcy on Oct. 31. This week the trustee for the liquidation of its U.S. brokerage unit said as much as $1.2 billion of customer money is missing, maybe more. Those deposits should have been kept segregated from the company’s funds. By all indications, they weren’t.
What’s the point of having auditors do reports like this? And are they worth the cost? It’s getting harder to answer those questions in a way the accounting profession would favor.
When an auditor certifies that a client’s internal controls are effective, that’s supposed to mean the company can do basic functions like maintain accurate financial records, detect unauthorized transactions and keep track of its receipts and expenditures. We know MF couldn’t do these things during the final days before its bankruptcy filing, when former New Jersey Governor Jon Corzine was still its chief executive officer.
“Their books are a disaster,” Scott O’Malia, a commissioner at the Commodity Futures Trading Commission, told the Wall Street Journal in an interview two weeks ago. The newspaper also quoted Thomas Peterffy, CEO of Interactive Brokers Group Inc., saying: “I always knew the records were in shambles, but I didn’t know to what extent.” Interactive Brokers backed out of a potential deal to buy MF last month after finding discrepancies in its financial reports.
If Pricewaterhouse can’t spot control weaknesses at a relatively small shop like MF, which had $41 billion of assets, it’s a bit much to expect that the firm would catch anything materially amiss at Goldman, which has $949 billion of assets, or at a serial acquirer such as JPMorgan, with $2.3 trillion of assets.
Romney "Right to Work" = 1% right to pay you less; with no benefits
The average worker in a right-to-work state is paid $30,167 a year, or about $5,333 a year less than workers in other states without right-to-work legislation that favors the employer at the expense of the employee, according to U.S. Bureau of Labor Statistics data.
Labor leaders failed to win legislation making it easier to organize a union after Democratic allies triumphed in the 2008 elections. Next year’s voting may spawn instead a law letting workers opt out of unions.
Republicans in Congress are pursuing so-called right-to- work legislation barring agreements between unions and employers that make union membership and payment of dues a job requirement, Bloomberg Government reports.
“There is a very strong likelihood that a Republican Congress and a Republican White House would pass a national right-to-work law,” Gary Chaison, a labor-law professor at Clark University in Worcester, Massachusetts, said in an interview. “It should be expected from a Republican Congress that, in terms of national jobs growth, sees unions as part of the problem rather than part of the solution.”
Labor leaders failed to win legislation making it easier to organize a union after Democratic allies triumphed in the 2008 elections. Next year’s voting may spawn instead a law letting workers opt out of unions.
Republicans in Congress are pursuing so-called right-to- work legislation barring agreements between unions and employers that make union membership and payment of dues a job requirement, Bloomberg Government reports.
“There is a very strong likelihood that a Republican Congress and a Republican White House would pass a national right-to-work law,” Gary Chaison, a labor-law professor at Clark University in Worcester, Massachusetts, said in an interview. “It should be expected from a Republican Congress that, in terms of national jobs growth, sees unions as part of the problem rather than part of the solution.”
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