Bonum Certa Men Certa

Links 26/7/2010: CEO Tony Hayward Leaves BP, Banks Controversy Carries on, Wikipedia Stars in Massive Leak



Leftovers



  • Security/Aggression

    • Reliable Encryption for the Rest of Us
      Many encryption utilities--such as the BitLocker feature in Windows 7 Ultimate, or the Rohos Mini Drive utility for protecting info on a thumb drive--are available. But my favorite tool covers all the bases: It's free, it's easy, it's effective, and it works on all major operating systems. TrueCrypt lets you create virtual encrypted drives. Versions are available for Windows, Mac OS X, and Linux; if you install it on several machines running different OSs, you can open your encrypted files from a network share, thumb drive, or other shared storage device.


    • Afghanistan war logs: Massive leak of secret files exposes truth of occupation
      A huge cache of secret US military files today provides a devastating portrait of the failing war in Afghanistan, revealing how coalition forces have killed hundreds of civilians in unreported incidents, Taliban attacks have soared and Nato commanders fear neighbouring Pakistan and Iran are fuelling the insurgency.






  • Environment

    • BP Acquits Itself of Sole Blame for Gulf Spill after Internal Inquiry
      BP has said that it is not the only oil Company responsible for oil spill in the Gulf of Mexico. The Company is firm on the view that the claims of its negligence in the oil spill are baseless.


    • Tony Hayward to quit BP
      Tony Hayward, chief executive of BP, is to leave the company, bowing to pressure over his handling of the Deepwater Horizon oil rig explosion, the aftermath of which has become America's worst environmental disaster.




  • Finance

    • Wall Street Exhales After Sidestepping Pay Czar's Wrath
      Wall Street took the latest government report on its pay practices in stride Friday, saying it would review U.S. pay czar Kenneth R. Feinberg's suggestions about compensation while privately expressing relief that the report wasn't tougher on them.


    • Citigroup, JPMorgan Said to Have Sold AIG Protection to Goldman
      Citigroup Inc. and JPMorgan Chase & Co. are among the banks that sold Goldman Sachs Group Inc. protection against a failure of insurer American International Group Inc., said two people with knowledge of the transactions.


    • Feinberg Says Companies Should Adjust Pay Policies for 'Crisis'
      Kenneth Feinberg, the Obama administration's special master on executive compensation, called on 17 bailed-out financial firms including Goldman Sachs Group Inc. and Citigroup Inc. to adopt compensation policies that allow directors to lower top executives' pay when a firm's survival is under threat.


    • Levitt Sees No Link Between SEC-Goldman Suit, Bank Bill: Video


    • Issa Questions Timing of SEC's Goldman Suit, Settlement: Video


    • Goldman Hands Over A.I.G. Hedge List, Report Says
      Goldman Sachs told United States investigators which counterparties it used to hedge the risk that American International Group would fail, three people with knowledge of the matter told Bloomberg News.


    • Top 5 White Collar Crimes: Goldman Sachs Settles Largest Fraud Case In US History For $550 Million


    • Weighing the Trade-Offs in the Goldman Settlement


    • Inquiry Begun of S.E.C. Timing in Goldman Fraud Case
      The inspector general of the Securities and Exchange Commission is investigating whether political or other factors influenced the timing of the filing and subsequent settlement of the commission’s securities fraud case against Goldman Sachs, according to letters between his office and a Republican congressman.

      [...]

      H. David Kotz, the S.E.C. inspector general, who is an independent watchdog for the agency, began the inquiry in response to an April 23 letter from Mr. Issa, a California Republican who is the ranking minority member of the Committee on Oversight and Government Reform.

      The S.E.C. has denied that its timing was influenced by politics.


    • Did Goldman Sachs provoke a world hunger crisis?
      A nonprofit accuses the bank's traders of starving people by dramatically bidding up prices for wheat, corn and rice. Is that fair?


    • Documents Detail $4.3B in Goldman Sachs Payouts
      International banks and financial companies were indirect beneficiaries of the government's 2008 bailout of American International Group Inc., according to newly released documents.


    • Pay czar faults 17 companies over compensation
      The government's pay czar announced Friday that 17 companies benefiting from federal bailout money handed out $1.6 billion in excess executive pay at the height of the financial crisis. The firms include Citigroup, Goldman Sachs and Bank of America.

      Kenneth Feinberg, who was appointed as the Obama administration's special master for compensation, examined executives earning more than $500,000 at the 419 companies that received taxpayer assistance. Of the 17 companies that he found were egregious in their compensation, 11 have paid back the assistance received from taxpayers.


    • Goldman Sachs to Get Ken Burns Effect
      Goldman Sachs (GS) has contracted documentary film maker Ric Burns, co-producer of the Emmy-award winning 1990 documentary, The Civil War, to make an “industrial,” a movie about Goldman for internal consumption only, according to The Wall Street Journal’s Susanne Craig, citing a Goldman rep.


    • Goldman, the Movie. By Goldman
      That isn't a real movie title. But filmmaker Ric Burns, who created the PBS series "The Civil War" with his brother Ken, is shooting a documentary about the Wall Street firm. Goldman Sachs Group Inc. is paying for the film, has editorial control and is overseeing the project through its marketing department, a Goldman spokesman said.


    • Goldman Sachs Sues to Overturn Arbitration Award
      The creditors claimed the unit facilitated the fraud committed at Stamford, Connecticut-based Bayou, which filed for bankruptcy protection in May 2006. Bayou co-founder Samuel Israel pleaded guilty to directing a $400 million fraud and is serving 22 years in prison.






  • Censorship/Privacy/Civil Rights







Recent Techrights' Posts

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Switzerland is highly secretive about white-collar crime
Sanitised Plagiarism as "AI" (How Oligarchy Plots to Use Slop to Hide or Distract From Its Abuses, or Cause People Not to Trust Anything They See/Read Online)
This isn't innovation but repression
Recent Layoffs at Red Hat (2026 the Year of Ultimate Bluewashing)
I found it amusing that Red Hat's CEO has just chosen to wear all blue, as if to make a point
Team Campinos Talks About SAP Days Before EPO Industrial Actions and a Day Before the "Alicante Mafia" Series (About Team Campinos Doing Cocaine)
EPO staff that isn't morally feeble will insist on objecting to illegal instructions
Stack(ed) Rankings and Ongoing Layoffs at Red Hat and IBM (Failure to Keep Staff Acquired by IBM)
IBM is mismanaged and its sole aim is to game the stock market (by faking a lot of things)
Linuxiac May Have Reverted Back to LLM Slop (Updated Same Day)
Is he back off the wagon?
Links 15/01/2026: Internet Blackouts, Jackboots Society in US
Links for the day
 
The B in IBM is Brown-nosing and Buzzwords (or Both)
International Buzzwords Machines
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Who's next in the pipeline?
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its original products were used for large-scale surveillance, not scientific endeavours
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IBM does not care what's legal
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The Web is seriously ill
Countries Take Action Against Social Control Media and 'Smart' 'Phones', Not Slop (Plagiarised Information Synthesis Systems or P.I.S.S.)
None of this is unprecedented except the scale and speed of sharing
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Sometimes, albeit not always, the harder people try to hide something, the more effective and important it is for the general public
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I gave Linuxiac a chance to deny this or explain this; Linuxiac did not
More Signs of Financial Troubles at Microsoft, Europe Puts Microsoft Under Investigation
The end of the library is part of the cuts
The "Alicante Mafia" - Part I - An Introduction to the Mafia Governing the EPO
Are some people 'evacuating' themselves to save face?
Pedophilia-Enabling Microsoft Co-founder Cuts Staff
Compensating by sleeping with young girls does not make one younger
Microsoft Shuts Down Campus Library, Resorts to Storytelling About "AI" to Spin the Seriousness of It
Microsoft is in pain
Free Software Foundation (FSF) Back to Advertising the Talks of Richard Stallman
A pleasant surprise
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Thursday, January 15, 2026
IRC logs for Thursday, January 15, 2026
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Links 15/01/2026: Starlink Weaponised for Regime Change (by Man Who Boasted About Annexing South American Countries for Tesla's Mining), Corruption in Switzerland Uncovered by JuristGate
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GAFAM and IBM Layoffs Outline
a lot of the layoffs happen in secrecy and involve convincing people to resign, retire, relocate etc.
Coming Soon: Impact With EPO Cocainegate
Will Campinos survive 2026?
The Last 'Dilberts' or Some of the Last Salvaged (Comic Strips Which Disappeared Shortly After They Had Been Published)
Around the time the creator of Dilbert went silent he published some strips mocking TikTok and usage of it
The Creator of Git Probably Doesn't Know How to Install and Deploy Git
Nobody disputes this: Mr. Torvalds created Git
Slop is a Liability
Slopfarms too will become extinct because people aren't interested in them
GAFAM is a National and International Threat to Everybody
GAFAM is just a tentacle in service of imperialism
EPO People Power - Part XXXVI - In Conclusion and Taking Things Up Another Notch
They often say that the law won't deter or stop criminals because it's hard to enforce laws against people who reject the law
Running Techrights is Fun, Rewarding, and Gratifying
In Geminispace we are already quite dominant
Red Hat is Connected to the Military, Its Chief Comes From Military Family (From Both Sides)
The founder of Red Hat's parent company literally saluted Hitler himself (yes, a Nazi salute)
Don't Cry for Gaslighting Media in a Country Which Loathes the Press
my wife and I received threats for merely writing about Americans
Red Hat (IBM) is Driving Away Remaining Fedora Users
I've not used Fedora since Moonshine
Robert X. Cringely Has Already Explained IBM's Bullying Culture (Towards Its Own Staff)
IBM is a fairly nasty company
Proton Mail compromise, Hannah Natanson (Washington Post) police raid & Debian
Reprinted with permission from Daniel Pocock
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Wednesday, January 14, 2026
IRC logs for Wednesday, January 14, 2026
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Links for the day
Still Condoning Child Labour and Exploiting Unpaid Children Developers as PR Props (to Raise Monopoly Money)
These people lack morals. So they project.
"Security, AI or Quantum" on "the IBM Titanic"
Who's RMS?
Hours Ago The Register MS Published Microsoft Windows SPAM "Sponsored by Intel." The Fake 'Article' Says "AI" 34 Times.
The Register MS isn't a serious online newspaper
EPO People Power - Part XXXV - Where Else Will Corruption and Substance Abuse be Tolerated?
We need to raise standards
Status and Capital
People who do a lot are too busy to boast about it and wear fancy garments
IBM Paying the Price for Treating Workers Badly and Discarding Real Talent (Because It's "Expensive")
IBM is dead man walking
Turbulence Ahead
I last rebooted my laptop in 2023
Google News Rewards Plagiarism With LLMs (About Linux, Too)
Google is in the slop business now
Links 14/01/2026: Failing Economy and Conquest Abroad as a Distraction From Domestic Woes
Links for the day
Gemini Links 14/01/2026: The Ephemerality of Our Digital Lives and "Summer of Upgrades"
Links for the day
Projection Tactics - Part III: Silencing Inconvenient Voices Online
If X gets banned in the UK, it'll be hard to see what the spouse says in public
Outsourcing on Microsoft's Agenda, Offshoring Also
"In some cases, India hiring is poised to replace certain roles previously based in the U.S."
Links 13/01/2026: 'Dilbert' creator Scott Adams Passes Away With Cancer, Ban on X/Twitter Considered for CSAM Profiteering
Links for the day
The Goal is Software Freedom for All
Anything to do with "Linux Foundation" is timewasting
Reminder That Red Hat Enterprise Linux (RHEL) Is Not Free, And It's Because of IBM
software freedom just 'gets in the way'
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This is what IBM turned Red Hat into
Revision handed Microsoft the keys to the distortion of the past/history
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What Will Happen to GAFAM After the US Defaults Rather Than Bails Out the Market?
Or tries to topple every government that doesn't play by its rules?
EPO People Power - Part XXXIV - Bad Optics for the European Union (for Failing to Act and Tolerating Cocaine Use in Europe's Second-Largest Institution)
There are principles in laws which tie awareness with complicity
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"On the agenda: salary adjustment procedure for 2025 (as of January 2026)"
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They try to resort to 'creative' accounting (fraudulent schemes like circular financing)
Difficult Times at IBM and Microsoft Ahead of Mass Layoffs (Probably Before This Month's Results Unless Postponed to 'Prove' Rumours 'Wrong')
IBM and Microsoft used to be tech giants. Nowadays they mostly pretend by pumping up their stock and buying back their own shares.
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If people want a light distro, then they ought not pay Canonical but instead choose a light (by design) GNU/Linux distro
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That's why slopfarms will go away or become inactive
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Over at Tux Machines...
GNU/Linux news for the past day
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IRC logs for Tuesday, January 13, 2026
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Slop is way past its "prime"
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Microsoft hasn't much of a future in gaming. XBox's business is in rapid decline and people who push Mono to game developers are the same