Links 26/7/2010: CEO Tony Hayward Leaves BP, Banks Controversy Carries on, Wikipedia Stars in Massive Leak
- Dr. Roy Schestowitz
- 2010-07-26 09:13:50 UTC
- Modified: 2010-07-26 09:19:54 UTC
-
Security/Aggression
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.
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 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, 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 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 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.
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.
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.
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.
A nonprofit accuses the bank's traders of starving people by dramatically bidding up prices for wheat, corn and rice. Is that fair?
International banks and financial companies were indirect beneficiaries of the government's 2008 bailout of American International Group Inc., according to newly released documents.
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 (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.
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.
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
In an unprecedented development, close to 92,000 classified documents pertaining to the war in Afghanistan have been leaked. SPIEGEL, the New York Times and the Guardian have analyzed the raft of mostly classified documents. The war logs expose the true scale of the Western military deployment -- and the problems beleaguering Germany's Bundeswehr in the Hindu Kush.
The closing date for comments is 30 July, so you have a few days to mull things over before submitting.
Recent Techrights' Posts
- UK's Competition and Markets Authority (CMA) Says Microsoft is Still Abusive
- Today, ahead of the latest fake 'results' [...] Microsoft cheats the system everywhere it can
- Fridges Do Not Need an Internet Connection
- Keep it simple, stupid (KISS)
-
- Over at Tux Machines...
- GNU/Linux news for the past day
- IRC Proceedings: Friday, October 16, 2026
- IRC logs for Friday, October 16, 2026
- Intercontinental Brigading - Part V - Keeping Linux Under Users' Control, Not Microsoft's (NSA) Control, Leads to Weaponisation of Cops (Killing the Messengers)
- Transatlantic lawfare
- TeamBlind Accused of Censorship, Maybe Surveillance in the Future
- It's expensive to protect whistleblowers and to resist censorship of what whistleblowers try to expose
- Another Friday 'Litter' of IBM Workers, Discarded and Sometimes Replaced to Cut Costs
- The little that IBM earns is spent buying companies to pretend there's "growth" and headcount stability
- Gemini Links 16/10/2026: Carrie, Games, and Slop
- Links for the day
- Links 16/10/2026: Election Interference by Slop; White House Backs Russia, Not Ukraine
- Links for the day
- The Register MS Has New 'Article' That Has "AI" 20 Times. "SPONSORED POST" As Usual.
- At the end, both the media and the pyramid scheme will collapse
- Links 16/10/2026: "Data Centers Are Driving Conservative Rural Voters to The Democratic Party En Masse" and Slop Bros Bribe Candidates "for Congress"
- Links for the day
- Deplatforming People You Disagree With Is a Losing Strategy
- Trying to deplatform people you don't agree with is oppressive and petty
- Microsoft Cannot Pay Salaries
- Microsoft is deep in debt
- IBM "support that is USA based will migrate over 4 years to Indian based just because it lowers costs substantially."
- IBM is not capable of growing, so it tries to find ways to shave off costs
- Gemini Links 16/10/2026: Publishing and Licensing, Going to Movies, and Nature/Seasons Change
- Links for the day
- Microsoft's OSI Calling Slop "Open Source AI" (Microsoft Paid OSI to Do This) Has Helped Associate "Open Source" With Pedophilia
- Microsoft deflecting?
- Wikileaks Still Matters
- The world needs more sites like these
- 'Cocaine King' Campinos Should 'Get the Message', Pack Up His Things and Go Already
- His staff is constantly on strike and engaged in various industrial actions
- We Don't Do Slop
- People tend to appreciate genuine work, not fakes
- On Lying With Confidence
- LLMs are hype
- Market Share of Windows in the United Kingdom is Shockingly Low
- Microsoft's losses are very profound
- Over at Tux Machines...
- GNU/Linux news for the past day
- IRC Proceedings: Thursday, October 15, 2026
- IRC logs for Thursday, October 15, 2026
- Microsoft Can Barely Afford to Colonise Africa Any Longer (Too Much Debt)
- "Before the announcement, former Microsoft employees publicly described staff being placed on performance improvement plans or offered “voluntary” exits."
- Intercontinental Brigading - Part IV - Harassment Registered With the Police Before Projection Attempts Made From America
- The thing one gets subjected to for opposing back doors in Linux
- Gemini Links 16/10/2026: Dogs, Slop, and Blogging
- Links for the day
- The Fate of "Alicante Mafia" at the EPO Yet to Be Determined
- It'll be interesting to hear what they say about the secret meeting regarding the future of Campinos
- Gemini Links 15/10/2026: Medical Difficulty, Science Fiction, and Playstation 3 Dies
- Links for the day
- Links 15/10/2026: Cuts to Public Health and Misuse of License Plate Data for Social Control
- Links for the day
- Links 15/10/2026: ALPRs Are Mass Surveillance, GAFAM Front Group ('New' EFF) Asks the Wisconsin Supreme Court to End Warrantless ALPR Searches
- Links for the day
- IBM RAs: "It's on Me"
- IBM has no respect for the workers and it tries to hide the layoffs
- Gemini Links 15/10/2026: Literature, Funerals, and Devices
- Links for the day
- The Efforts to Criminalise Opposition to a Ponzi Scheme Sold as "Super Intelligence" (Plagiarism Engines, Disinformation Generators)
- Cops are becoming combatants for slop bros, i.e. they use power to promote a Ponzi scheme
- Clownflare Sees Most Requests in Africa Coming From Android (Linux)
- Android is the dominant platform
- IBM's "RA Season" is Nearly Upon Us, But Tens of Thousands Are Already Marked for Removal With PIPs (as "Low Performers")
- IBM is a dying company
- Microsoft Has Confirmed It Had a Plan to Cut Azure (or Azure Costs) by 20%
- So basically... yes! Microsoft did have a plan to slash Azure.
- No Noticeable Libera Chat Exodus After Code of Censorship (CoC) Scandal Earlier This Month
- Libera Chat pissed off some people by unmasking the CoC's real purpose
- Red Hat Silent Layoffs Seem to Carry on Throughout This Month
- How much longer will these silent layoffs (e.g. PIPs) carry on for?
- Over at Tux Machines...
- GNU/Linux news for the past day
- IRC Proceedings: Wednesday, October 14, 2026
- IRC logs for Wednesday, October 14, 2026