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
- Richard Stallman's Web Site Back Online, But It Seems Like a 2-Months-Old Snapshot
- Latest political notes are dated July 2 (2026)
-
- Software Freedom, Even If Difficult to Attain Due to Outside Pressure, Does Make You Happier
- Peer pressure and opinionated employers can make friends and staff more miserable if they dictate bad software
- You Can Run GNU/Linux on a Desktop/Laptop for 1,000+ Days Nonstop
- To me, the long uptime is a way of "marketing" GNU/Linux as robust and stable
- Profiting From Global Warming (and Making More Money the More You Cause Warming)
- Unregulated bank and pyramid scheme
- SLAPP Censorship - Part 172 Out of 200: The Solicitors Regulation Authority (SRA) Complicit in the SLAPPs by Inaction (Didn't Even Study Any Evidence, Only Wasted Time and Budget)
- "SRA placed into special measures due to 'disappointing standard of leadership'"
- China Does Not Need American (US) Products Like GAFAM's
- China has abundance of technical things it can leverage to preserve its autonomy
- RMS Didn't Make Enough Backups
- Making backups is important
- Refresher: Why EPO Staff is on Strike This Year (Aside From the EPO Acting Like a Corrupt, Above-the-Law, For-Profit Corporation That Violates Its Own Charter)
- One core issue at the EPO is erosion of purchasing power
- Gemini Links 05/09/2026: Fireflies, Shore Pine, and ASCII Art
- Links for the day
- Over at Tux Machines...
- GNU/Linux news for the past day
- IRC Proceedings: Friday, September 04, 2026
- IRC logs for Friday, September 04, 2026
- The Legal Services Board (LSB) Takes on Solicitors Regulation Authority (SRA) for Utter Failures, We'll Resume Our SRA Series to Illuminate How Bad the SRA Really Is
- a quick overview of the latest news
- Links 04/09/2026: Notorious Patent Trolls' Judge Enters the Private Sector (Corruption, Revolving Doors), Gloria Steinem's Life in Pictures
- Links for the day
- Gemini Links 04/09/2026: Worries, Upgrades, and CS Students
- Links for the day
- SPAM Disguised as Benchmark or Comparison: The Register MS "PARTNER CONTENT" is Getting Weirder by the Month
- Sites that promote fake 'coins' or pyramid schemes to their audience(s) aren't worth tolerating
- PIPs at IBMs are Layoffs Because They're Impossible to Satisfy (or They Terminate Workers Despite Satisfying Them)
- What insiders say
- In the United Kingdom You Can No Longer Make the Assumption People Use Windows (or 'Smart' 'Phone')
- As autumn arrives Microsoft faces a crisis
- SLAPP Censorship - Part 171 Out of 200: Talking About Corruption and Violence Against Women
- Today the Labour Party (UK) speaks about corruption
- Warming Up for Investigative Journalism About the European Patent Office (EPO), Europe's Second-Largest and Probably Most Corrupt Institution in Europe
- It continues to exploit diplomatic immunity for impunity
- Microsoft Handing Out PIPs by the Thousands, Anxiety in GAFAM Building Up
- Years ago I heard from people who pretended to be ill to avoid getting fired
- BRICS in the Windows: Brazil's GNU/Linux Share (as Measured by CDN) Has Hit Highest Point in a Month
- The largest Web CDN, Clownflare, sees GNU/Linux at 8.1% right now in Brazil
- Corporate Media Will Always Glorify Its Owners (Corporations That Value Nothing But Capital)
- Collecting "money" like it's a form of competition where they track "score"
- We'll Never Do Slop!
- Being against slop is not being "left behind"
- Thieves Complain About the People They Steal From
- "When you point the finger at someone, there are three fingers pointing back to you"
- Links 04/09/2026: "The Rise of the Billionaire Lobby", the "Imperialist Delusions", and Digital Restrictions (DRM) From Nvidia
- Links for the day
- Buying From China
- Nations must begin to speak about their digital sovereignty, which Free software is best equipped to grant and best positioned to assure in the face of outside resistance
- GNU/Linux Continues to Grow in China
- GNU/Linux reached its highest point in a month
- Over at Tux Machines...
- GNU/Linux news for the past day
- IRC Proceedings: Thursday, September 03, 2026
- IRC logs for Thursday, September 03, 2026
- Gemini Links 04/09/2026: Forgotten Realms Avatar Series and Slop Plagiarism's Footprint in Gopher/Geminispace
- Links for the day
- Like Uber, Paypal's Debt Has Shot Up 2.5 Billion Dollars in 3 Months, Now the Mass Layoffs Come to India
- even reducing the salaries by offshoring isn't enough to save the company
- IBM Eliminating Over 20,000 IBM Workers by Year's End, Insiders Claim
- the layoffs are silent
- Microsoft "engineers who aren’t critical are let go" this week/month (silent layoffs)
- "stack ranking"
- Is Microsoft Trying to Kill What's Left of XBox by Year's End?
- How many people will still bother purchasing these consoles by the end of the year?
- SLAPP Censorship - Part 170 Out of 200: Downtimes
- Yesterday traffic skyrocketed here
- The Register MS Publishes More Word Salads Promoting "AI" Because It's Paid to Do So
- Hype, name-dropping, and scaremongering
- Gemini Links 03/09/2026: Google Maps, Gemini's Early History, and Suppressing Slop Plagiarists
- Links for the day
- Links 03/09/2026: Unsafe Skies, Thunderbird Adopts Proprietary / Vendor Lock-in Traps, "Xbox Live Down Again"
- Links for the day
- Growing Thirst for Free Software, the LibreOffice Edition
- LibreOffice is in "high demand"
- Links 03/09/2026: John Ternus Enters Apple Amid Mass Layoffs, Journalist İrem Delice Arrested
- Links for the day
- Stallman.org Down Due to Virtual Machines Issue, "Senior Engineers are Investigating the Issue" Since Saturday
- RMS site down due to virtual machines issues upstream
- Linux Foundation is Plagiarism Hub, Linux is at Risk From It
- Torvalds never looked weaker and more compromised
- Gemini Links 03/09/2026: Back in Japan, Another New Year, Reasons to Avoid Have a "Smart" "Phone", and Rant About Built-in Batteries
- Links for the day
- Over at Tux Machines...
- GNU/Linux news for the past day
- IRC Proceedings: Wednesday, September 02, 2026
- IRC logs for Wednesday, September 02, 2026