Rating Agency Worker: 'I Am Genuinely Frightened About Another Banking Crisis', Facebook Fraud And Extortion, Journalist Faces 21 Years For Exposing Police (LINKS)

Photo - TSA employees following the law, just as they expect from all travelers.

• Fed's Raskin: No government backstop for banks that do prop trading
• 'We saw numbers behave in ways barely conceived possible' - Great Read
• Rating agency worker: 'I am genuinely frightened about another banking crisis'
• First insider trading lawsuit filed against Zynga after executives cash out
• SCAM - Nielsen Sued for Billions Over Manipulated TV Ratings
• Panasonic Develops Highly Efficient Artificial Photosynthesis System
• Wisconsin: 460 inmates collected unemployment checks in 2011
• Money For Nothing – Another $200 Million Wasted On Useless Program In Iraq
• Smart Phone Patent Trial - Samsung Says 'Apple Didn’t Invent the Rectangle'
• Apple Responds - Samsung Took the Easy Road and Copied Us
• Facebook Fraud - Startup Says 80% Of Its Facebook Ad Clicks Coming From Bots
• Facebook Extortion - Demands $2,000 From Company Per Month To Change Name
• Sacramento Tells TSA To Get The Hell Out After Repeated Scandals
• CopBlock Founder Faces 21 Years In Prison For Exposing Police Corruption

Comments

[DailyBail]

Apple design chief: 'Our goal isn't to make money'

http://www.telegraph.co.uk/technology/apple/9438662/Apple-design-chief-Our-goal-isnt-to-make-money.html

[DailyBail]

More than 65,000 people filled Cowboys Stadium to see one of the most polarizing figures in America: conservative radio host Glenn Beck.

http://dfw.cbslocal.com/2012/07/28/thousands-gather-for-beck-event/

[DailyBail]

Investing in Preferred Stock ETFs: What You Need to Know

http://charlessizemore.com/investing-in-preferred-stock-etfs-what-you-need-to-know/

[DailyBail]

Some at Fed Are Urging Pre-emptive Stimulus

http://www.nytimes.com/2012/07/31/business/some-at-fed-urge-pre-emptive-stimulus.html?_r=2

[DailyBail]

(Reuters) - Hundreds of millions of people across India were left without power on Tuesday in one of the world's worst blackouts, trapping miners, stranding train travellers and plunging hospitals into darkness when grids collapsed for the second time in two days.

http://www.reuters.com/article/2012/07/31/uk-india-blackout-idUSLNE86U01G20120731

[DailyBail]

WASHINGTON (MarketWatch) -- The Chicago PMI rose to 53.7% in July from 52.9% in June, breaking a run of three straight drops as order backlogs improved. Economists polled by MarketWatch had forecast a drop to a reading of 52.0%; any reading above 50% indicates growth. The order backlog index surged 10.6 points to 52.8%, though production fell 2.5 points to 54.5% and employment skidded 7.1 points to 53.3%. The Chicago PMI tends to be closely watched because it's released a day before the national Institute for Supply Management's manufacturing index.

http://www.marketwatch.com/story/chicago-pmi-rises-edges-past-expectations-2012-07-31

[DailyBail]

China manufacturing index misses forecast

http://www.marketwatch.com/story/china-manufacturing-index-misses-forecast-2012-07-31

Just released about 10 minues ago.

[DailyBail]

WASHINGTON (MarketWatch) -- U.S. home prices jumped in May, marking the second month of gains, according to a closely followed index released Tuesday. The S&P/Case-Shiller 20-city composite rose 2.2% on the month. All 20 cities in the index saw monthly gains, including a 4.5% surge in Chicago and a 4% gain in hard-hit Atlanta. On a year-over-year basis, prices are down 0.7%, the smallest fall in 18 months. The May report includes house resales from March and April.

http://www.marketwatch.com/story/us-home-prices-climb-22-in-may-case-shiller-2012-07-31?Link=obinsite

[DailyBail]

WASHINGTON (MarketWatch) — The Federal Reserve will take the small easing step of pledging to keep rates low for longer at the end of its two-day meeting this week, analysts said on the eve of the event.

http://www.marketwatch.com/story/fed-expected-to-take-small-easing-step-2012-07-30?Link=obinsite

[ChasVoice]

Citizen's Arrest eligibility applies.

[HEY YOU]

Beck in Cowboys Stadium
Some comedians draw big crowds.

[S. Gompers]

The ratings agency worker should be worried, there is more coming.