What’s worse, Opes Prime apparently was deliberately making false entries to keep high net-worth accounts from facing massive margin calls - this on orders from the CEO who has now had his passport held.

Unbelievably, the fine print in margin agreements gave Opes the right to borrow against client holdings - and to sell them to make their margin calls (not the clients), if needed. Which is precisely what they did. Many small investors have lost everything.

Sounds like a whole lot of people here need and deserve to go to prison for a long time.

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Mark Penn has stepped aside as chief strategist in the wake of revelations that he lobbied on behalf of a trade treaty with Colombia that Senator Hillary Rodham Clinton opposes.

Except he’ll still be giving advice. So how gone is he really?

Given his extraordinary incompetence in running her campaign coupled with an apparent massive ability to turn supporters into opponents, they should have dumped him long ago. To do so in the middle of a campaign shows them, one more time, to be flailing and falling apart.

And of course they knew about the trade treaty. How could they have not known?

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Born from the need to have massive networked processing power available when the Large Hadron Collider goes live at Cern, this next-gen Internet is 10,000 times faster than broadband. Yes!

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Dozens of arrests with attempts to extinguish and snatch torch. Chinese media showed none of it. The pro-Tibet meme has gone viral and worldwide.

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Excellent scientific explanation of how algae can produce mass quantities of biofuel while sequestering carbon at the same time.

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The NY Times says that’s precisely what some bloggers do. Doc Searls says, “Blogging doesn’t need to be a race. Really.”

With the advent of Twitter, we may see blogs increasingly be used for longish think pieces and Twitter for short, quick news. Plus, the two will begin to merge and morph.

Of course, that doesn’t help the hopelessly news-addicted (say I writing this blog post while my cell phone grabs incoming tweets from Twitter) to slow down and focus on what’s really important and separate out all the noise.

More than a few bloggers are thinking about this, the pressure to always get good posts up, whether your site is your source of income or for fun. After while it gets exhausting and burnout looms. Perhaps the best solution is to do fewer posts but make them more comprehensive. No sense in being first. even if your ad revenue soars, if your health or personal life suffers. First things need to come first.

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