Jane's Jihad: the new face of terrorism
. A Reuters series in four parts.
The case was so serious, authorities said, that they charged the woman, Colleen LaRose, with crimes that could keep her in prison for the rest of her life. Now, as she awaits sentencing, a months-long Reuters review of confidential documents and interviews with sources in Europe and the United States -- including the first and only interview with Jihad Jane herself -- reveals a far less menacing and, in some ways, more preposterous undertaking than what the U.S. government asserted. [more inside]
posted by the man of twists and turns
on May 21, 2013 -
Where Banks really Make Money On IPOs
All of these numbers are hypothetical, of course, but the bigger point is simple: if Goldman manages to get kickbacks, in terms of extra commissions, of more than 7% of its clients’ profits, then it has a financial incentive to underprice the IPO. And Goldman’s clients were desperate to give it kickbacks: they didn’t just route their standard trading through Goldman, since that wouldn’t generate enough commissions. Instead, they bought and sold stocks on the same day, at the same price. Capstar Holding, for instance, bought 57,000 shares in Seagram Ltd at $50.13 per share on June 21, 1999 — and then sold them, on the same day, at the same price. Capstar made nothing on the trade, but Goldman made a commission of $5,700. Capstar’s Christopher Rule says that in May 1999, fully 70% of all of his trading activity “was done solely for the purpose of generating commissions”, so that he could continue to keep on getting IPO allocations.
Rigging The IPO Game [more inside]
posted by the man of twists and turns
on Mar 11, 2013 -
"Of the top 100 Swiss companies, 49 give shareholders a consulting vote on the pay of executives. A few other countries, including the United States and Germany, have introduced advisory "say on pay" votes in response to the anger over inequality and corporate excess that drove the Occupy Wall Street movement. Britain is also planning to implement rules in late 2013 that will give shareholders a binding vote on pay and "exit payments" at least every three years. Minder's initiative goes further
, forcing all listed companies to have binding votes on compensation for company managers and directors, and ban golden handshakes and parachutes. It would also ban bonus payments to managers if their companies are taken over, and impose severe penalties — including possible jail sentences and fines — for breaches of these new rules."
posted by vidur
on Jan 21, 2013 -
is a nice little collection of curated and tagged economic news stories, 5-8 every day. It is edited in part by the admirable (and MetaFave) financial journalist Felix Salmon
posted by shothotbot
on Dec 22, 2011 -
25 years in a non-existant war
In 1979, a Khmer Rouge guerrilla fled to the hills of Cambodia when his village was attacked by Vietnamese troops. He and a small group of friends and family lived in the dense forests for 25 years, emerging in 2004 to discover that the war was over and that Pol Pot was dead. They had been fearful of any human contact, believing everyone to be the enemy.
posted by BradNelson
on Dec 8, 2004 -
US military accuses Reuters of lying.
Reuters had a camera crew on hand to see people digging a man, a woman, and four children out of a house in Falluja, and have video footage
of this up on their site. The US military denies this ever happened, and have released a statement saying that "intelligence sources indicate a known Zarqawi propagandist is passing false reports to the media." Incredible
posted by insomnia_lj
on Oct 20, 2004 -
This turns into one of those cases where researching a story gets weirder. The documentary Super Size Me
centers on a documentary filmmaker's 30 day experience eating nothing but McDonalds. The film is doing amazingly well
as a limited release documentary grossing more per screen than high-budget Troy. Here is the weird part, Reuters has picked up
on a distributor press release claiming that MTV is refusing to air advertising for Super Size Me
because the film is "disparaging to fast-food restaurants". The Reuters short seems to have quite a bit of legs. However a Hollywood Reporter article
details MTVs side of the story placing the blame on the film's distributor. Is this really a case of a network getting cold feet? Or is it a case of distributor trying to pull the "too edgy for MTV" moneymaking ploy? And what is with the continually morphing Reuters clip that is just now being tossed onto doorsteps and stuffed into newsboxes across North America? (The film was previously discussed on metafilter back in January.
posted by KirkJobSluder
on May 27, 2004 -
Head US WMD Hunter Gives Up
After stepping down, Mr Kay told Reuters news agency that he did not believe there were any large stockpiles of such weapons in existence in Iraq.
Mr Kay is being succeeded by former UN weapons inspector Charles Duelfer.
Earlier this month, Mr Duelfer said he believed the chances of finding chemical or biological weapons in Iraq now were close to nil, the BBC's Jon Leyne in Washington reports.
Woo-hoo? mrmanley? Time for that Right-wing apology!
posted by Perigee
on Jan 23, 2004 -
Robert "Moose" Cobb's new job
--Under fire for its handling of postwar contracts in Iraq, the Bush administration plans to appoint NASA's inspector general to the Coalition Provisional Authority in Baghdad to oversee investigations of any alleged abuses.
Cobb was Associate Presidential Counsel for Bush and before that spent nine years as a career attorney with the Office of Government Ethics. His appointment was seen as a bid by the administration to counter criticism -- mostly from Democrats in Congress -- that oversight of multibillion-dollar contracts has been lax.
So can a guy who worked in the Bush White House actually be trusted to objectively investigate abuses? And if the Pentagon is auditing all of this, why use this guy? (and can the Pentagon objectively investigate this stuff either?)
posted by amberglow
on Dec 15, 2003 -
Don't do browser sniffing
To properly view our site, you must be using a standards-compliant web browser. Your current browser is:
Over 97% of our audience now uses a standards-compliant web browser, however you appear not to be using one. We want to help you fix this situation and improve your experience on reuters.co.uk and the rest of the internet.
I'm using Mozilla 1.5 but my user agent string is set to report Netscape 4.75 running on Windows 95.
posted by jfuller
on Nov 17, 2003 -
Another great French prison escape.
Two members of an international drug smuggling ring hijack a helicopter, abseil into the prison exercise yard, and resuce a third man. Also, “last month, a commando-style gang used plastic explosives and a rocket launcher to blow its way into a prison near Paris and free a convict serving a sentence for organized crime. In a separate attack, men brandishing what turned out to be a fake rocket launcher freed another crime kingpin from a prison in Borgo on the Mediterranean island of Corsica.” In August, a man secretly replaced his brother, a Basque separatist leader, in prison
posted by Mo Nickels
on Apr 14, 2003 -
The end of free online news
is in sight according to Reuters.
I think they are premature, but assuming for a moment that this is in fact the trend, what will this do to Metafilter?
posted by BentPenguin
on Oct 17, 2002 -
Watch those Waterway in Florida
says the U.S. Coast Guard. Possible terrorist threats include drawing or taking photographs of the shore, being near the shore for a long time, and under no circumstances would any law abiding citizen be doing something as daring and thoroughly terrorist-like as renting a boat
posted by benjh
on Aug 23, 2002 -
When stupid laws attack: this article
points out that the widely syndicated article
about thwarting the copy protection of sony's CDs is a direct violation of the DMCA
. Will news directors at Reuters, Yahoo, and CNN be seeing fines and jail time soon? How many times does it have to be pointed out that the DMCA restricts free speech as it attempts to thwart piracy at any cost? (via k5
posted by mathowie
on May 24, 2002 -
The French presidential election run-off will be between the conservative Chirac and the extreme-right Le Pen. What's a French liberal to do?
posted by liam
on Apr 21, 2002 -
Anyone else find reports on civilian casualties
and the "bomb that went astray"? I've only heard one other corresponding report, on NPR, about a cave full of explosives that detonated for over three hours, killing hundreds. Nothing up front on Cnn.com except this bit of titillation
I've just now discovered, and for which I have no words.
posted by mirla
on Oct 14, 2001 -
Reuters is publishing photos of those unaccounted for.
I thought that this was a nice gesture on the part of Reuters, and of the AP if they're doing this as well. It's eerie to glance through yahoo's archive of the Reuters photos and to find random pictures submitted by families. They're not obvious, but if you look through enough pages, you'll find a few.
posted by moz
on Sep 14, 2001 -