Rumsfeld decision let Bin Laden escape: report

Osama bin Laden was within the grasp of US forces in late 2001 and could have been caught if then-defense secretary Donald Rumsfeld hadn’t rejected calls for reinforcements, a hard-hitting US Senate report says.

The report indicates this happened about Dec. 2001, after 9/11, but before the start of the Iraq War.

With bin [...]

XBRL: Accounting geeks get radical

What if accounting data was presented in a uniform, standardized way in an open XML format that everyone understood. Why, that would be “radical transparency,” and that’s precisely what we need now, an eXtensible Markup Reporting Language (XBRL)

Wired says let’s use XBRL on all financial data, public company or not. This could help [...]

Next-gen wind turbine design. No gears

A Scottish startup has tested a prototype wind turbine where the blades connect directly to the generator via an axle. This drastically cuts down the weight of the generator and makes installation simpler. Plus, with fewer parts, the turbines would require less maintenance in the harsh offshore environment.

Another judge voids mortgage, saying banksters were scum

Judge erases $525g mortgage for NY couple, citing ‘repulsive’ acts by bank

This is getting to be a trend. What is not a trend yet though is criminal prosecutions of the banks involved.

Legoland and the far left

Dave Riley has a thoughtful essay on the tendency of the far left to build castles of rhetoric based on their interpretation of Marxism and to defend it against all other factions.

The complication being that inasmuch as you are isolated from the main business of society you tend to enclose and turn inwards [...]

Dubai, money laundering, construction, and NYC investment banks

Dubai is well-known for being a world hub of money-laundering while construction is notorious among fraud investigators as a way to make dirty money clean, make gray money vanish, and siphon off money for use elsewhere.

Any attempt to draw similarities between the irresponsible greedhead behavior of Dubai and that of New York City [...]

Geothermal energy in Iceland

Iceland stills live off geothermal. At least their economic crash didn’t affect the geothermal. The US has huge amounts of untapped geothermal, we just have to use it.

That Goldman donation of $500 million to charity, isn’t.

Gosh, who could guess Goldman would be deceptive instead, pretending to be charitable when they actually weren’t. The Epicurean Dealmaker explains.

Dubai is primary hub for piracy syndicates and where piracy money is laundered

The Independent

Organised piracy syndicates operating in Dubai and other Gulf states are laundering vast sums of money taken in ransom from vessels hijacked off the Horn of Africa.

“What we can say is that these people are not just fishermen who have taken up a bit of piracy as a hobby. The people [...]

Sinfest after Thanksgiving