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Corruption

Twilight of the Central Bankers

April 21st, 2016  |  Source: Strategy + Business

Mohamed A. El-Erian argues that the world’s masters of monetary policy have reached the peak of their ability to influence the course of the global economy.

The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse

by Mohamed A. El-Erian, Random House, 2016

One of the more peculiar features of the past decade has been the transformation of a formerly quiet, behind-the-scenes cohort of central bankers into the most visible and consequential players in shaping the arc of the global economy.


FBI paid professional hackers to gain access to San Bernardino iPhone

April 13th, 2016  |  Source: The Guardian

Hackers reportedly supply zero-day exploit to allow US law enforcement entry to device, which may put older iPhones at risk of cyber criminals

The FBI reportedly bought a previously unknown security bug from a group of professional hackers to gain entry to the San Bernardino iPhone 5C, according tothe Washington Post.

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Please hold, a hacker will be with you shortly

April 12th, 2016  |  Source: Reuters

Ransomware: Extortionist hackers borrow customer-service tactics

When hackers set out to extort the town of Tewksbury, Massachusetts with "ransomware," they followed up with an FAQ explaining the attack and easy instructions for online payment.

After balking for several days, Tewksbury officials decided that paying the modest ransom of about $600 was better than struggling to unlock its own systems, said police chief Timothy Sheehan.

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Refugees Are More Connected Than Ever. Rescuers Must Be Too

April 8th, 2016  |  Source: Wired.com

At the start of his treacherous journey across the Aegean Sea in a rubber dinghy with 62 other refugees, Hassan called a friend in New York. His plan was to keep her on the line in case anything went wrong. It did. The boat sprang a leak and sank. As Hassan went overboard, he managed to hold his phone above the waves so he could tell his friend to alert the Turkish coast guard. He used WhatsApp to send her his location. He was rescued 45 minutes later.


Majority of Millennials Have 'No Idea' When Student Loans Will Be Paid Off

April 7th, 2016  |  Source: Bloomberg

More than a third of millennials say they wouldn't have attended college at all had they known the extent of the costs in advance.

The path to freedom from student debt is a long, winding, and arduous one with no end in sight for millennials. A new survey conducted online in February by research agency TNS on behalf of Citizens Bank found 59 percent of those polled have "no idea" when they will be able to pay back their student debt.


NRA ‘Freedom Cruise’ Takes Donors Down the Danube

April 6th, 2016  |  Source: Bloomberg

Ever wonder where the gun elite gather to relax, smoke cigars, and discuss Second Amendment esoterica?

The National Rifle Association annually invites donors on a luxury cruise where they can mingle with conservative notables. The 2016 Freedom Cruise in June will take participants along the Danube through Germany, Austria, Slovakia, and Hungary.


Brunch and Pirates

April 5th, 2016  |  Source: Medium.com

I ordered pancakes and he told me about the last time he was shot in the head.

The bullet went through the top of my head, he said.

Then he leaned down and showed me the entry point.

Then, he said, it went out through the back of my ear.

He twisted around, pointed to the back of his ear.

Afterwards, he said, I lost my speech, I was partially paralyzed, I was in the hospital for two years. When I was in the hospital, the diamond dealer I had been protecting when I was shot visited me with a huge bag of money and –


What are the Panama Papers? A guide to the biggest data leak in history

April 4th, 2016  |  Source: The Guardian

What is Mossack Fonseca, how big is it, and who uses offshore firms? Key questions about one of the biggest ever data leaks

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