Wednesday, July 17, 2013

NSA spying under fire: 'You've got a problem'

WASHINGTON (AP) ? In a heated confrontation over domestic spying, members of Congress said Wednesday that they never intended to allow the National Security Agency to sweep up millions of Americans' phone records. And they threatened to curtail the government's surveillance authority.

The clash on Capitol Hill was the most pointed public debate over recently revealed government surveillance programs. It undercut President Barack Obama's assurances that Congress had fully understood and approved the dramatic expansion of government power over the past six years.

The most intense moments came when Rep. James Sensenbrenner, R-Wis., told Deputy Attorney General James Cole that Congress only meant to authorize seizures of information directly relevant to national security investigations. It never expected the government to snatch everybody's records and store them in a huge database to search later.

As Cole explained why that was necessary, Sensenbrenner cut him off and reminded him that his surveillance authority expires in 2015.

"And unless you realize you've got a problem," Sensenbrenner said, "that is not going to be renewed."

Sensenbrenner's criticism is significant because he was among the primary authors of the Patriot Act and has been a staunch advocate of expanded surveillance powers. He was followed by Jerry Nadler, D-N.Y., who picked up where his colleague left off.

Later, Rep. Ted Poe, R-Texas, harkened back to the Soviet Union when talking about the government's eavesdropping authority.

"The actions of the citizens were constantly under surveillance by the government," he said. "And anything that was done, the government would say, 'We're doing this for national security reasons.' "

The administration says it built a library of everyone's phone records so, when it finds a suspected terrorist, it can search its archives for all his calling habits.

After details of the phone surveillance were leaked by former government contractor Edward Snowden recently, Obama cited congressional oversight in his assurances to the American public.

"When it comes to telephone calls, every member of Congress has been briefed on this program," he said.

But Wednesday's hearings cast doubt that Congress fully understood the authorities it had granted several times since the 9/11 terrorist attacks.

Rep Randy Forbes, R-Va., said such a vast database of phone records was ripe for government abuse. When National Security Agency deputy director John C. Inglis said there was no evidence of abuse, Forbes interrupted:

"I said I wasn't going to yell at you and I'm going to try not to. That's exactly what the American people are worried about," he said. "That's what's infuriating the American people. They're understanding that if you collect that amount of data, people can get access to it in ways that can harm them."

The committee also will hear from administration critics, among them Jameel Jaffer of the American Civil Liberties Union. Jaffer, the group's deputy legal director, said in testimony prepared for Wednesday's hearing that excessive secrecy on surveillance issues "has made congressional oversight difficult and public oversight impossible."

Kate Martin, director of the Center for National Security Studies, said in testimony prepared for the hearing that the "massive" collection of information on Americans is unprecedented and that the surveillance of Americans "poses a significant and perhaps unprecedented challenge to our system of constitutional checks and balances."

Source: http://news.yahoo.com/nsa-spying-under-fire-youve-got-problem-164530431.html

Justin Timberlake Grammys jessica biel Lena Dunham elton john weather nyc national signing day Solomon Islands

Monday, July 15, 2013

China's Han Geng joins Transformers 4

China's Han Geng has been cast in 'Transformers 4' with Michael Bay hailing him as an ''influential'' Chinese entertainer.

Chinese star Han Geng has been cast in 'Transformers 4'.

The actor-and-singer will join fellow Chinese star Li Bingbing in the action blockbuster, which will partly be filmed in China following a co-production deal between Paramount Pictures and China Movie Channel.

Director Michael Bay announced the casting on his official website and hailed Geng as one of the most ''influential'' stars in China.

He wrote: ''He's one of Asia's top stars in the worlds of music, television and movies and has become one of the most influential entertainers in China.''

29-year-old Geng is a big star in his native country, as well as South Korea, and boasts 35 million followers on the Chinese equivalent to Twitter, Weibo.

Beginning his career as a member of boy band Super Juniors, Geng recently starred in one of China's biggest home-grown blockbuster movies, 'So Young', which grossed $117 million in the country.

Geng is the latest name to be added to a growing cast list, which also includes Mark Wahlberg, Nicola Peltz, Jack Reynor, Stanley Tucci, Sophia Myles and Kelsey Grammer.

Producers previously announced a reality show in China to hire four actors - two professional and two amateur - to win roles in the flick.

'Transformers 4' is set for a 2014 release date.

Source: http://www.contactmusic.com/story/china-s-han-geng-joins-transformers-4_3763068

silent house nfl mock draft project m colts colts big ten tournament 2012 dennis quaid

Saturday, July 13, 2013

'Fabulous Fab' trial is a test for SEC

By Nate Raymond

NEW YORK (Reuters) - The trial of former Goldman Sachs bond trader Fabrice "Fabulous Fab" Tourre next week gives the U.S. Securities and Exchange Commission an opportunity to prove that it can win big cases tied to the financial crisis.

The SEC claimed an 85 percent success rate in all trials last year, but its critics have said that, when it comes to the financial crisis, its win rate has been dismal.

Tourre's civil fraud trial, which starts in federal court in New York on Monday, could help silence those critics, but experts said the regulator is facing no easy task.

The SEC has said that Tourre, while a vice president at Goldman Sachs Group Inc in 2007, misled investors in a structured investment vehicle called Abacus 2007-AC1 by not disclosing the role a hedge fund that planned to bet against the transaction played in setting it up.

Investors lost more than $1 billion when the investment vehicle failed, according to the SEC.

Goldman Sachs agreed to pay $550 million in July 2010 to settle its part of the case, without admitting or denying wrongdoing. Tourre turned down a settlement offer and instead elected to fight, a person familiar with the matter said on Wednesday.

For the SEC to prove fraud it must show Tourre intended to dupe the investors about the role played by the hedge fund run by billionaire John Paulson in the Abacus investment.

A negligence charge will turn on whether the information about the part Paulson played was material to investors.

Tourre's defense, as summarized by U.S. District Judge Katherine Forrest in June, is that the victims were "not be-hooded children, but rather large financial institutions, operating in a dog-eat-dog world."

Tourre is "confident that when all the evidence is considered, the jury will soundly reject the SEC's charges," his lawyers, Pamela Chepiga and Sean Coffey, said in a statement on Thursday.

'ENORMOUSLY CHALLENGING'

Thomas Sporkin, a former SEC lawyer who is now in private practice, said it is always difficult to hold an individual accountable for "institution wide culpability." Sporkin is not involved in the case.

"It's an enormously challenging task to put institutional blame on one person," Sporkin said.

Goldman Sachs, which agreed to cooperate with the SEC as part of its own settlement and which is also paying Tourre's legal fees, declined to comment.

Sporkin said a finding of liability against Tourre even just for negligence would help show it can be successful at trial in complex case.

"They'll be able declare victory and put Wall Street on notice that they can win complex cases against individuals at trial," he said.

Andrew Ceresney, co-director of enforcement at the SEC, said losing is a risk the SEC has to take in any case.

"We want to win every case," Ceresney said. "But it is probably true that if we're not losing a small number of cases, we're not being aggressive enough."

The SEC has disputed that it has not tackled the financial crisis head on, pointing to charges brought against 157 entities and individuals and $2.68 billion recovered from defendants, largely in settlements.

The stakes have grown even higher for the SEC since Chair Mary Jo White said last month that the agency was moving toward requiring defendants in some settlements to admit liability, a move that is likely to push more of them to take their chances in court.

SUCCESS RECORD

The SEC filed 734 cases in the 2012 fiscal year and obtained 714 settlements, according to the SEC and NERA Economic Consulting. It took 15 cases to trial, losing just two of them, the SEC said.

Among the victories, the agency secured judgments of nearly $8.9 million against investor relations firm Big Apple Consulting USA Inc and its executives after a jury trial in Florida.

A jury in Nebraska found two former chief financial officers of infoUSA Inc liable for their roles in a scheme to enable the company's CEO to illegally use millions of dollars in corporate funds for perks. The CEO settled without admitting or denying the charges.

But in cases against individuals at Wall Street firms at the center of the financial crisis and mortgage meltdown, the SEC's setbacks have mounted.

In July 2012, a federal jury in New York found former Citigroup manager Brian Stoker was not liable for violating securities laws regarding a $1 billion collateralized debt obligation tied to risky mortgage debt.

And in November the SEC dropped a similar case against Edward Steffelin, a former managing director at GSC Capital Corp, who was accused of negligence in his role in a mortgage-bond deal by JPMorgan Chase & Co.. JPMorgan agreed to pay $153.6 million to settle related charges without admitting or denying the charges.

The same month, a jury in New York cleared Bruce Bent, the chairman of Reserve Management Co, of civil fraud charges stemming from his management of the $62 billion Reserve Primary Fund, which "broke the buck" after the bankruptcy of Lehman Brothers.

The SEC does not count that case as a loss: While the jury cleared Bent's son Bruce Bent II on fraud charges, it found him liable for negligently violating securities laws and also held two corporate entities liable.

But critics of the SEC say it was a loss because the SEC failed to secure a finding of liability against the senior Bent, one of the few Wall Street leaders to face trial after the financial crisis.

"The ability to handle large, complex cases is beyond the SEC," said John Coffee, a law professor at Columbia Law School.

In an op-ed piece in the National Law Journal in January, Coffee said the SEC's record was close to zero in financial crisis trials, saying it should hire private lawyers on contingency to bring cases on its behalf.

While many former SEC lawyers said Coffee's attack was overblown, they acknowledge a public perception that the SEC cannot win trials, thanks to the financial crisis cases.

Sporkin, one of the former SEC lawyers, contrasted the SEC's failures in cases over the financial crisis to an unbroken streak of convictions U.S. prosecutors have secured in their insider trading crackdown, including against Raj Rajaratnam.

On Wednesday, the SEC won a small victory in the Tourre case, when Judge Forrest ruled it could use as evidence an infamous email in which Tourre was referred to as "the fabulous Fab.

And it appears to be devoting significant manpower to the case. In an unusual move, it has put the head of its national trial unit, Matthew Martens, in charge of the case.

"In all my years at the SEC, I can't remember when the head of the trial unit actually tried a case," said Mark Fickes, a former SEC trial lawyer who is now in private practice. "But I guess this is a pretty big case."

(Reporting by Nate Raymond; Additional reporting by Sarah Lynch in Washington; Editing by Eddie Evans and Carol Bishopric)

Source: http://news.yahoo.com/fabulous-fab-trial-test-sec-000009744.html

april 30 wwe extreme rules 2012 vontaze burfict jimmy kimmel amzn white house correspondents dinner phoenix coyotes

Bieber listed as underage guest at Chicago club

CHICAGO (AP) ? Pop star Justin Bieber is listed as an underage guest on a citation that Chicago police issued to a nightclub.

Chicago Department of Business Affairs and Consumer Protection spokeswoman Jennifer Lipford confirmed Thursday that the 19-year-old Bieber was listed as an underage guest on the citation. She says police cited Bodi nightclub early Wednesday for admitting and knowingly having an underage person in the establishment.

Bieber performed in a concert at Chicago's United Center on Tuesday evening.

Lipford says the citation will to go to an administrative hearing. The club faces a fine of up to $1,000.

Bodi said in a statement that Bieber was not served alcohol and that no one with the club or Bieber did anything wrong. A representative for Bieber did not immediately have comment.

Source: http://news.yahoo.com/bieber-listed-underage-guest-chicago-club-212246186.html

odd lamar d antoni fashion star andrew bird lizzie borden lizzie borden

Friday, July 12, 2013

The New Macbook Air Is Your Deal Of The Day

The New Macbook Air Is Your Deal Of The Day

If you've been following Apple even for a hot second, you know that the current version of their products don't go on sale often. Today Amazon has taken 50 bucks off the brand new 2013 11.6 Macbook Air. As an owner of the 13" version, I can say without hesitation it's the best laptop I've ever owned, and that the Haswell-boosted battery life (~10 hours on the 11.6" model) is worth the price of upgrade alone. Other new features like 802.11ac make it an easy recommendation, and the Wirecutter gave it their best laptop endorsement for the third year running. [Amazon]

Things are frantic here today with the Steam sale and such, so there will definitely be more deals added to this post in the next couple hours, stay tuned.


Top Deals

? $7 Gaming Mouse | Amazon via Ben's Bargains

? Our previous deal of the day on the Canon EOS M is back in stock at Amazon.

? 2013 11" Macbook Air ($949) | Amazon via 9to5Toys | normally $999


Storage

? Iomega 35538 EZ Media & Backup Center 1TB NAS Network Hard Drive ($65) | Rakuten | Lowest price ever

? Synology DiskStation DS212j 2-Bay NAS Server ($170) | B&H | Lowest price ever


Audio

? Samsung Bluetooth Headset w/ Android Application Support ($15) | NewEgg | After $20 rebate and promo code DYMACCS10

? Sony MDR-EX210B Noise Isolating In-Ear Earbud Stereo Headphones ($16) | eBay (Geekdeal) via TechBargains | Lowest ever

? Nuforce NE-600M-RED High-Efficiency In-Ear Headphones with Inline Microphone ($22) | Amazon | Lowest price ever

? Polk Audio TL1 Center Channel Speaker ($47) | Amazon via TechDealDigger | $27 less than elsewhere

? Corsair Vengeance 2000 Wireless 7.1 Gaming Headset ($80) | Amazon | Matches lowest price ever


Video

? Acer S220HQLAbd Black 21.5" 5ms LED Backlight Widescreen Monitor ($110) | NewEgg | Matches lowest price ever

? 24-Inch Dell Ultrasharp LED IPS Monitor ($260) | Newegg via Deals Kinja | Lowest price ever, use promo code EMCXNWW49

? Samsung 40-Inch 3D HDTV ($500) | Best Buy via Deals Kinja | Lowest price ever


Input

? $7 Gaming Mouse | Amazon via Ben's Bargains

? Wired 360 Controller ($25) | Newegg | Use code EMCXNWW79


Computers

? 2013 11" Macbook Air ($949) | Amazon via 9to5Toys | normally $999


PC Parts

? FREE Masscool 80mm Ball Bearing Black Case Fan | TigerDirect | After $10 rebate


Tablets and Phones

? Targus USB Backup Battery ($16) | Amazon | Lowest price ever

? Tanga has a selection Incase accessories on sale. | via 9to5Toys


Gaming

To get all the gaming deals all the time, check out the Kotaku Moneysaver. I would know.

Click here for Moneysaver coverage of the Steam Summer sale.

? PC BioShock Infinite ($24) | Green Man Gaming via Deals Kinja | Use promo code GMG20-F202F-UI40F

? Knights of the Old Republic ($5) | Mac App Store

? Wired 360 Controller ($25) | Newegg | Use code EMCXNWW79


Media

? Amazon has added a number of Miramax titles including Tarantino movies to its Prime streaming catalog, here's a Free Trial
? Black Swan [Blu-ray] ($9) | Amazon | Lowest price ever

Photography

? Compact DSLR Camera Case ($9) | Amazon via Deals Kinja | Lowest price ever

? Our previous deal of the day on the Canon EOS M is back in stock at Amazon.


Mac

? Knights of the Old Republic ($5) | Mac App Store


iOS

? djay ($1) | via 9to5Toys
The following games are currently FREE on iTunes:
? Peggle/Peggle [iPad]
? Air Penguin
? Berzerk Ball 2
? Zenonia 1, 2, 3, 4, 5
? Destinia
? Advenia
? Angry Birds Star Wars/Angry Birds Star Wars [iPad]
? Hybrid: Eternal Whisper

Android

? FREE Marv the Miner 3: The Way Back | Amazon


Clothing

? Banana Republic 30% off | Use code BRSHOP30


Life

? Papa John's 50% off | Use code SUM50 | Possibly region-specific

? Rayovac BRSLEDPEN-B Brilliant Solutions LED Pen Light ($3) | Amazon | Lowest price ever, Add-on item.

? Finelife Smokin' Grill Barbecue Temperate Fork w/Digital Display, 6 Meat Selections & 4 Cooking Settings ($10) | Sears | Save $20

? Hamilton Beach Breakfast Sandwich Maker ($20) | Walmart via TechBargains

? Leatherman Wingman ($20) | Adorama via Deals Kinja | Near lowest price ever

? Kryptonite Kryptolok Series 2 Standard Bicycle U-Lock with Transit FlexFrame Bracket (4-inch x 9-inch) with 4-Foot Flex Cable ($31) | Amazon | Near lowest price ever

? Waring Pro 400 Watt Juicer ($40) | Amazon via Deals Kinja | Lowest price ever

? Dyson DC33 Vacuum ($180) | Woot | Lowest price ever, refurbished

? Samsung - 24" Tall Tub Built-In Stainless-Steel Dishwasher ($430) | Best Buy | Lowest price ever, today only

? Bowflex Xtreme 2 SE Home Gym with Upgrades ($1249) | Amazon | Lowest price ever


Hobomodo


Gizmodo Wants You!

Gizmodo is looking for someone passionate and knowledgeable about both deals and tech to take over Gizmodo, and who better to do it than a long-time reader?


Keep up with Shane Roberts on Kinja and Twitter. Check out Dealzmodo for more great tech deals, and Deals.Kinja.com for even more discounts.

Join us every weekday at 3pm ET for Dealzmodo, brought to you by the Commerce Team. We're here to bring Gizmodo readers the best tech deals available, and to be clear, we also make money if you buy. We want your feedback.

Source: http://gizmodo.com/the-new-macbook-air-is-your-deal-of-the-day-745046531

The Croods ashley greene marquette university Chris Porco cbs sports ncaa tournament kids choice awards