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Comment Re:Hedge Funds: Keep $$, Bank Depositors: Not a ch (Score 1) 136

Citibank actually lost quite a bit of money. Instead of serving as a loan agent and getting fees and commission for managing others' accounts Citibank inadvertently put substantial amount of sub-par/high risk loan on their books. That directly affected their reserves and increased risks of losing some of that money altogether in case of Revlon's bankruptcy.

Comment Re:or they are just wrong. (Score 1) 107

While your example is certainly valid, and theories and their extensions can in fact be tested and validated by making predictions and observing physical evidence.

However it is also quite possible for "scientists" to "explain" one thing that they can't understand with other things they can barely understand.

You gave an example of discovery of Uranus. I can give you an example of trying to explain consciousness or intellect with quantum mechanics.

Comment is being vindictive a new democratic value? (Score 0) 333

For law enforcement usefulness of this data is as good as its admissibility in courts, which is zero. Whether it is worth the effort to use it to try to convict someone is extremely questionable. However, it will be sufficient to ruin anyone's reputation to the point a person becomes untouchable and whose entire life achievements become nullified even though person remains highly qualified and has never been convicted in any court. It may even hurt some democrat politicians more than republican.

Activist? No. Vindictive? Yes.

It is about the same level of democracy as social reputation in China or castes in India.

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