4th Media: Big Banks Are Manipulating EVERY Market to the Tune of Trillions of Dollars

Commerce, Corruption

4th media croppedBig Banks Are Manipulating EVERY Market to the Tune of Trillions of Dollars

RBS Pays $600 Million for Manpulating Interest Rates … But Big Banks Are Manipulating EVERY Market to the Tune of Trillions of Dollars

Interest Rates Are Manipulated

Bloomberg reports today:

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Stephen E. Arnold: Information Black Holes + Findability

Commerce, Corruption
Stephen E. Arnold
Stephen E. Arnold

Information Black Holes: Autonomy and Its Value Proposition

I follow two or three LinkedIn groups. Believe me. The process is painful. On the plus side, LinkedIn’s discussions of “enterprise search” reveal the broken ribs in the body of information retrieval. On the surface, enterprise search and content processing appear to be fit and trim. The LinkedIn discussion X-ray reveals some painful and potentially life-threatening injuries. Whether it is marketing professionals at search vendors or individuals with zero background in information retrieval, the discussions often give me a piercing headache.

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Stephen E. Arnold: Fraud in Academic Publishing

Academia, Corruption
Stephen E. Arnold
Stephen E. Arnold

The Slipping Standards in Academic Publishing

There is a troubling article over at Priceonomics titled, “Fraud in the Ivory Tower.” The post begins with the tale of former Tilburg University professor Diederik Stapel, who was found in 2012 to have fabricated or manipulated data in at least 30 papers that had been published in peer-reviewed journals. This case is a dramatic example of a growing problem; Fang Labs reports that instances of fraud or suspected fraud tripled between the 2002-2006 period and 2007-2011. Why the uptick?

We’re reminded that the famed “publish or perish” academic culture grows ever more demanding. At the same time, policies at scientific journals often mean that research integrity takes a back seat to provocative assertions.

We learn:

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Stephen E. Arnold: Free Big Data Mining Book — Mining of Massive Databases

IO Impotency
Stephen E. Arnold
Stephen E. Arnold

Free Data Mining Book

We enjoy telling you about free resources, and here’s another one: Mining of Massive Datasets from Cambridge University Press. You can download the book without charge at the above link, or you can purchase a discounted hardcopy here, if you prefer. The book was developed by Anand Rajaraman and Jeff Ullman for their Stanford course unsurprisingly titled “Web Mining.” The material focuses on working with very large data sets and emphasizes an algorithmic approach.

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Stephen E. Arnold: ABC Denounced for Lack of Integrity — Stole Pol Pot Exclusive

Corruption, Media
Stephen E. Arnold
Stephen E. Arnold

Freelance Journalist Denounces ABC

If this tale is true, it gives us a new angle on real journalists. Blogger Nate Thayer charges, “How Ted Koppel and ABC TV Tried to Steal my Life Work.” The freelance journalist’s post begins with a bold move: Thayer declares that though he is legally prohibited from describing what happened, he is doing it anyway. Thayer all but dares his nemeses to try to reclaim their settlement money, which he says went to lawyers and taxes anyway.

As most legal sagas do, this one begins years ago. We are told:

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Rickard Falkvinge: UK ISPs Censorship Violates Mere Carrier Status, Opens Way for Punishing Legal Assault

Commercial Intelligence, Cultural Intelligence
Rickard Falkvinge
Rickard Falkvinge

Censorship Triggers Liability: UK ISPs Need To Be Sued Way Out Into Atlantic

Infrastructure: Internet Service Providers in the United Kingdom have started censoring the Internet wholesale by default. This is a horrible transgression against the free exchange of ideas, cheered on by authoritarian politicians. However, there is an important weapon built into the legal framework against this kind of censorship, and it’s high time to use it in full scale.

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SchwartzReport: Truths That Matters

Cultural Intelligence, Earth Intelligence
Stephan A. Schwartz
Stephan A. Schwartz

As any day's news demonstrates, American cities are having a hard time. Here is some good news about a major American city. We can only hope that other cities are paying attention, and its citizens have not given their city governance over to the Theocratic Right.

Two Decades of Change Have Boston Sparkling
KATHARINE Q. SEELYE – The New York Times

Here is an essay that caught my attention because it makes a case about inequality that I think is important but little discussed.

Social Darwinism Isn’t Dead
MATTHEW HUTSON – Slate

Here is the latest on the Fracking trend.

Water Pollution From Fracking Confirmed in Multiple States
LINDSAY ABRAMS, Assistant Editor – Salon

noble gold