A prominent Republican fund-raiser was charged Wednesday in a federal grand jury indictment with orchestrating a Ponzi scheme that defrauded investors of hundreds of millions of dollars.
The fund-raiser, Timothy Durham, 48, was arrested early in the morning at his West Hollywood home and charged with 12 counts of securities and wire fraud in federal court here.
A Republican Fund-Raiser Is Indicted in a Ponzi Scheme
MOX plutonium fuel used in Fukushima's Unit 3 reactor two million times more deadly than enriched uranium
Largely absent from most mainstream media reports on the Fukushima Daiichi nuclear disaster is the fact that a highly-dangerous "mixed-oxide" (MOX) fuel in present in six percent of the fuel rods at the plant's Unit 3 reactor. Why is MOX a big deal? According to the Nuclear Information Resource Center (NIRS), this plutonium-uranium fuel mixture is far more dangerous than typical enriched uranium -- a single milligram (mg) of MOX is as deadly as 2,000,000 mg of normal enriched uranium.
U.S. nuclear plants store more spent fuel than Japan's
U.S. nuclear plants use the same sort of pools to cool spent nuclear-fuel rods as the ones now in danger of spewing radiation at Japan's Fukushima Daiichi plant, only the U.S. pools hold much more nuclear material. That's raising the question of whether more spent fuel should be taken out of the pools at U.S. power plants to reduce risks.
The Japanese plant's pools are far from capacity, but still contain an enormous amount of radioactivity, Lyman said. A typical U.S. nuclear plant would have about 10 times as much fuel in its pools, he said.
Revealed: US spy operation that manipulates social media
The US military is developing software that will let it secretly manipulate social media sites such as Facebook and Twitter by using fake online personas to influence internet conversations and spread pro-American propaganda.
A Californian corporation has been awarded a contract with United States Central Command (Centcom), which oversees US armed operations in the Middle East and Central Asia, to develop what is described as an "online persona management service" that will allow one US serviceman or woman to control up to 10 separate identities based all over the world.
Japan Nuclear Disaster Caps Decades of Faked Reports, Accidents
The unfolding disaster at the Fukushima nuclear plant follows decades of falsified safety reports, fatal accidents and underestimated earthquake risk in Japan's atomic power industry.
The destruction caused by last week's 9.0 earthquake and tsunami comes less than four years after a 6.8 quake shut the world's biggest atomic plant, also run by Tokyo Electric Power Co. In 2002 and 2007, revelations the utility had faked repair records forced the resignation of the company's chairman and president, and a three-week shutdown of all 17 of its reactors.
New York Times to charge for full internet access
The New York Times has said it will start charging North American users for some of its online content. The newspaper will initially charge readers in Canada, with its US audience facing charges from 28 March.
Different charges will apply depending on whether readers use a smartphone, a computer or an iPad. The newspaper hopes to make up for lost revenue as newspaper sales have fallen and as advertising earnings have slipped.
Class Warfare, the Final Chapter
"There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning." -Warren Buffett to The New York Times, November 26, 2006
Those who manipulate the unseen mechanism of society constitute an invisible government. We are governed, our minds molded, our tastes formed, our ideas suggested largely by men we have never heard of ... in almost every act of our lives whether in the sphere of politics or business, in our social conduct or our ethical thinking we are dominated by the relatively small number of persons who understand the mental processes and social patterns of the masses. It is they who pull the wires that control the public mind.
High Radiation Severely Hinders Emergency Work to Cool Japan Plant
Amid widening alarm in the United States and elsewhere about Japan’s nuclear crisis, military fire trucks began spraying cooling water on spent fuel rods at the country’s stricken nuclear power station late Thursday after earlier efforts to cool the rods failed, Japanese officials said.
The development came as the authorities reached for ever more desperate and unconventional methods to cool damaged reactors, deploying helicopters and water cannons in a race to prevent perilous overheating in the spent rods of the No. 3 reactor.
Experts Had Long Criticized Potential Weakness in Design of Stricken Reactor
The warnings were stark and issued repeatedly as far back as 1972: If the cooling systems ever failed at a “Mark 1” nuclear reactor, the primary containment vessel surrounding the reactor would probably burst as the fuel rods inside overheated. Dangerous radiation would spew into the environment.
G.E. began making the Mark 1 boiling-water reactors in the 1960s, marketing them as cheaper and easier to build — in part because they used a comparatively smaller and less expensive containment structure.
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