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Media Articles
Excerpts of Key Media Articles in Major Media


Below are key excerpts of highly revealing media articles from the major media. Links are provided to the full articles on their media websites. If any link fails to function, read this webpage. These media articles are listed in reverse date order. You can also explore the articles listed by order of importance or by date posted. By choosing to educate ourselves and to spread the word, we can build a brighter future.

Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.


U.S. Gov't Software Creates 'Fake People' to Spread Message via Social Networking
2011-02-19, Fox News
http://nation.foxnews.com/culture/2011/02/19/us-gov-t-software-creates-fake-p...

The US government is offering private intelligence companies contracts to create software to manage "fake people" on social media sites. Private security firms employeed by the government have used the accounts to create the illusion of consensus on controversial issues. The contract calls for the development of "Persona Management Software" which would help the user create and manage a variety of distinct fake profiles online. According to the contract, the software would "protect the identity of government agencies" by employing a number of false signals to convince users that the poster is in fact a real person. A single user could manage unique background information and status updates for up to 10 fake people from a single computer. The software enables the government to shield its identity through a number of different methods including the ability to assign unique IP addresses to each persona and the ability to make it appear as though the user is posting from other locations around the world. The document describes how they would 'friend' real people on Facebook as a way to convey government messages.

Note: To read the government contract for "Persona Management" software, click here.


War veteran, 71, dragged out for staging silent protest during Hilary Clinton address... on freedom of speech
2011-02-19, Daily Mail (One of the UK's largest-circulation newspapers)
http://www.dailymail.co.uk/news/article-1358475/Protest-Egypt-America-message...

A 71-year-old war veteran today claimed he was left 'bruised and bloodied' after being violently dragged out of a speech by Hilary Clinton. Ray McGovern, who was a CIA analyst for 27 years, staged a 'silent protest' during the Secretary of State's talk on the importance of freedom of speech in the internet age yesterday. In it she referred to the uprising in Egypt and commented on how people should be allowed to protest in peace without fear of threat or violence. She also condemned governments who arrest protesters and do not allow free expression. But during the speech at George Washington university, Mr McGovern claims his silent protest was met with just that - threats and violence. Wearing a 'Veterans for Peace' t-shirt, the 71-year-old stood up and turned around to face the back of the room, when two men grabbed him and dragged him out of the room. He said he was 'roughed up' by police for his actions and needed medical attention. The veteran said he was protesting the ongoing wars in Iraq and Afghanistan and the fact that 'these people are pursuing policies which make people suffer and die, particularly in the Middle East'. As well as a former CIA analyst, Mr McGovern also carried out the daily intelligence briefing for Presidents Ronald Reagan and George H. W. Bush.

Note: We don't usually consider the UK's Daily Mail a reliable source, but as they were the only media source we could find which covered this sad occurence, we've used them here. See the link above for photos of bruises Mr. McGovern suffered at the hands of police. For more on the courageous Mr. McGovern, click here.


Schools use GPS to track students who skip
2011-02-18, MSNBC
http://technolog.msnbc.msn.com/_news/2011/02/18/6081656-schools-use-gps-to-tr...

Skipping class, though frowned upon, is practically a rite of passage for young teens, but thanks to an elaborate system involving GPS being used by some school districts, it is practically being eliminated completely. The Orange County Register reports that the Anaheim Union High School District in California is currently participating in a pilot program which involves using a combination of Global Positioning System technology, automated telephone reminders, and one-on-one coaching to cut down on truancy. It's similar to programs being used in Baltimore and San Antonio. Basically any students in the seventh- or eighth-grade who have four or more unexcused absences over the course of a school year can be put into the Anaheim program. They will be assigned a GPS tracking device about the size of a cell phone, and they'll need to use it regularly, the newspaper said. It's worth noting that while this anti-truancy program is very elaborate and almost invasive, it is [promoted as] optional. Students and their parents are offered the chance to voluntarily participate in the "monitoring as a way to avoid continuation school or prosecution with a potential stay in juvenile hall." On top of that, parents would also be avoiding the $2,000 fine that can come from turning a blind eye to truancy if a school district chooses to pursue the issue.

Note: For other revealing media articles on microchips being used to invade privacy, click here. To better understand a program of elements within the power elite to microchip the entire population, click here.


The Shock Doctrine with Naomi Klein
2011-02-18, MSNBC News
http://www.msnbc.msn.com/id/41702708

Chris Hayes: With me now is journalist and author Naomi Klein whose books include “No Logo” and “The Shock Doctrine. The Rise of Disaster Capitalism.” Not all of our viewers have “The Shock Doctrine.” I‘ve seen a few people recently talking about how ... they were skeptical of the thesis before, but what‘s happening in Wisconsin is making them a little more receptive to it. Describe what the thesis of “The Shock Doctrine” is and how it applies in what we‘re seeing play out in Wisconsin. Naomi Klein: What I argue in “The Shock Doctrine” is that if you look at the 30-year history of the triumph of [disastrous] policies around the world, what you see is that you‘re great leaps forward happened during times of extreme crisis. That‘s because in a time of crisis, you have politicians able to do exactly what Scott Walker is doing right now in Wisconsin, which is say, the roof is falling in, we have a state of emergency here, we don‘t have time for democracy or public consent or deliberation or collective bargaining. So, it becomes an opportunity to ram through these unpopular policies. You have a budget crisis. You exaggerate the extent of the crisis and ... say we don‘t have any alternative but to push through these very unpopular measures. I think it‘s [particularly] significant that they‘re going after collective bargaining. They‘re trying to reduce the ability of participation of the workers in their own futures. It‘s a constricting of democracy. I end the book by saying that the way you resist these tactics is by understanding that they‘re happening while they‘re happening. What‘s happening in Wisconsin, is an excellent example of what I describe as shock resistance, because people are naming this while its happening.

Note: Many don't know that when Wisconsin Governor Walker ordered police to remove protestors from the state capitol building, the police refused, stating that they took an oath to serve the people and not the governor. To see a two-minute video clip of this amazing event, click here. To see how the major media greatly downplayed this event, read the New York Times coverage available here.


Jose Padilla lawsuit against Pentagon thrown out in US
2011-02-17, BBC
http://www.bbc.co.uk/news/world-us-canada-12501627

A US judge has quashed a lawsuit by an American who said he was illegally detained and repeatedly tortured for three years in a US navy jail. Jose Padilla was seeking to sue current US Defence Secretary Robert Gates and his predecessor, Donald Rumsfeld, for violating the constitution. Judge Richard Gergel ruled that US laws did not offer clear guidelines on the detention of enemy combatants. Any trial, he wrote, would be "an international spectacle with Padilla, a convicted terrorist, summoning America's present and former leaders to a federal courthouse to answer his charges". Ben Wizner, the litigation director at the American Civil Liberties Union, called Thursday's ruling "troubling". "The court today held that Donald Rumsfeld is above the law and Jose Padilla is beneath it," he said in a statement. "But if the law does not protect Jose Padilla, it protects none of us, and the executive branch can simply label citizens enemies of the state and strip them of all rights, including the absolute right not to be tortured."

Note: For lots more from reliable sources on government threats to civil liberties, click here.


Inside Job: how bankers caused the financial crisis
2011-02-17, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/film/2011/feb/17/inside-job-financial-crisis-banker...

Charles Ferguson's film Inside Job ... explains why so little has been done to reform the financial world or bring criminal prosecutions against the main protagonists [of the financial crash that began in 2008]. His villainous lineup includes bankers, politicians (many of whom were previously bankers), regulators, the credit ratings agencies and academics. In Inside Job, the name that keeps cropping up is Larry Summers, a friend of President Bill Clinton and more recently Barack Obama. Summers exemplifies the links between cheerleaders in academia, Wall Street, supine regulators and an ignorant Capitol Hill that Ferguson stresses were at the root of the problem. Still, no matter how much it is explained, the general public is not going to understand. How does one go into battle yelling slogans about credit default swaps? The bankers know ignorance is their trump card. Maybe Inside Job will make us more savvy in time for the next crash.

Note: For a treasure trove of reports from reliable souces on the criminality of the major financial firms, regulatory agencies and politicians which led to the global financial crisis and Greater Depression, click here.


Doctors, nurses, execs among record number charged with Medicare fraud
2011-02-17, CNN
http://www.cnn.com/2011/US/02/17/medicare.arrests/index.html

Federal authorities indicted and arrested more than 100 doctors, nurses and health care executives nationwide [on February 17] in what officials said was the biggest crackdown ever in a single day in connection with Medicare fraud. The arrests occurred in nine cities. Thirty-two defendants including two doctors and eight nurses were charged in Miami with various fraud schemes. Another 21 defendants were charged in Detroit, along with 11 in Chicago; 10 in Brooklyn, New York; 10 in Tampa, Florida; nine in Houston; seven in Dallas; six in Baton Rouge, Louisiana; and five in Los Angeles. Officials from the Justice Department and the Department of Health and Human Services said the cost of enforcing health care fraud laws is proving to be a good financial investment. Last year, federal agencies recovered a record $4 billion from fraudsters. "From 2008 to 2010, every dollar the federal government spent under its health care fraud and abuse control programs averaged a return on investment (of) $6.80," Health and Human Services Secretary Kathleen Sebelius said.

Note: For powerful information from a top MD exposing how many in the health care industry put profits above public health and put us all at risk, click here.


It's a bird! It's a spy! It's both
2011-02-17, Los Angeles Times
http://articles.latimes.com/2011/feb/17/business/la-fi-hummingbird-drone-2011...

A pocket-size drone dubbed the Nano Hummingbird for the way it flaps its tiny robotic wings has been developed for the Pentagon by a Monrovia company as a mini-spy plane capable of maneuvering on the battlefield and in urban areas. The battery-powered drone was built by AeroVironment Inc. for [DARPA, the Defense Advanced Research Projects Agency,] the Pentagon's research arm, as part of a series of experiments in nanotechnology. The little flying machine is built to look like a bird for potential use in spy missions. Equipped with a camera, the drone can fly at speeds of up to 11 miles per hour. It can hover and fly sideways, backward and forward, as well as go clockwise and counterclockwise. It also demonstrates the promise of fielding mini-spy planes. Industry insiders see the technology eventually being capable of flying through open windows or sitting on power lines, capturing audio and video while enemies would be none the wiser. With a wingspan of 6.5 inches, the mini-drone weighs 19 grams, or less than a AA battery. The Hummingbird's guts are made up of motors, communications systems and a video camera. It is slightly larger than the average hummingbird.

Note: Remember that secret government research is usually at least 10 years in advance of anything that has been announced publicly. For more on the hummingbird drone, click here.


Shy U.S. Intellectual Created Playbook Used in a Revolution
2011-02-16, New York Times
http://www.nytimes.com/2011/02/17/world/middleeast/17sharp.html

Stoop-shouldered and white-haired at 83, [Gene Sharp] grows orchids, has yet to master the Internet and hardly seems like a dangerous man. But for the world's despots, his ideas can be fatal. For decades, his practical writings on nonviolent revolution – most notably "From Dictatorship to Democracy," a 93-page guide to toppling autocrats, available for download in 24 languages – have inspired dissidents around the world, including in Burma, Bosnia, Estonia and Zimbabwe, and now Tunisia and Egypt. When Egypt's April 6 Youth Movement was struggling ... its leaders tossed around "crazy ideas" about bringing down the government. They stumbled on Mr. Sharp. When the nonpartisan International Center on Nonviolent Conflict, which trains democracy activists, slipped into Cairo several years ago ... among the papers it distributed was Mr. Sharp's "198 Methods of Nonviolent Action," a list of tactics that range from hunger strikes to "protest disrobing." Dalia Ziada, an Egyptian blogger and activist who attended the workshop ... said trainees were active in both the Tunisia and Egypt revolts. She said that some activists translated excerpts of Mr. Sharp's work into Arabic, and that his message of "attacking weaknesses of dictators" stuck with them. He has concluded that advancing freedom takes careful strategy and meticulous planning, advice that ... resonated among youth leaders in Egypt. Peaceful protest is best, he says – not for any moral reason, but because violence provokes autocrats to crack down. "If you fight with violence," Mr. Sharp said, "you are fighting with your enemy's best weapon, and you may be a brave but dead hero." He was struck by the Egyptian protesters' discipline in remaining peaceful, and especially by their lack of fear. "If people are not afraid of the dictatorship, that dictatorship is in big trouble."

Note: For powerful and inspiring information on the military/industrial complex and what we can do to make a difference, click here.


Iraqi Says He Made Up Tale of Biological Weapons Before War
2011-02-16, New York Times
http://www.nytimes.com/2011/02/16/world/middleeast/16curveball.html

The Iraqi defector whose claims that Saddam Hussein’s government had biological weapons became part of the Bush administration’s justification for the 2003 invasion of Iraq has admitted that he fabricated his story. The defector, Rafid Ahmed Alwan al-Janabi, who was code-named “Curveball” by the Central Intelligence Agency and German intelligence officials, told the British newspaper The Guardian on [February 15] that he had concocted his tale that Iraq was hiding mobile bioweapons laboratories. The strange case of “Curveball” has become one of the most infamous episodes in the Bush administration’s case for war. Mr. Janabi’s claim about the mobile laboratories was featured prominently in Secretary of State Colin L. Powell’s address to the United Nations in February 2003, when he laid out the administration’s case that Mr. Hussein was hiding weapons of mass destruction. The United States invaded Iraq in March 2003, and eventually determined that Iraq did not have any such weapons. It later became clear that the Bush administration had relied heavily on bogus information from unreliable exiles like Mr. Janabi.

Note: For background information on "Curveball" in the runup to the Iraq war, click here.


Expert Panel Is Critical of F.B.I. Work in Investigating Anthrax Letters
2011-02-16, New York Times
http://www.nytimes.com/2011/02/16/us/16anthrax.html

A review of the Federal Bureau of Investigations scientific work on the investigation of the anthrax letters of 2001 concludes that the bureau overstated the strength of genetic analysis linking the mailed anthrax to a supply kept by Bruce E. Ivins, the Army microbiologist whom the investigators blamed for the attacks. The review, by a panel convened by the National Academy of Sciences, says the genetic analysis did not definitively demonstrate that the mailed anthrax spores were grown from a sample taken from Dr. Ivinss laboratory at Fort Detrick in Frederick, Md. The academys report faults the F.B.I. as failing to take advantage of scientific methods developed between the mailings in 2001 and its conclusion after Dr. Ivinss suicide in 2008 that he was the sole perpetrator. The academy panel, which was paid $1.1 million by the F.B.I. for its review, assessed only the scientific aspects of the investigation and not the traditional detective work. Representative Rush D. Holt, a New Jersey Democrat and physicist who has followed the case, said he thought the academys review showed that the F.B.I. attached too much certainty to the scientific parts of the case. I also think it shows the case was closed prematurely, Mr. Holt said. He said he was reintroducing a bill to create a national commission, similar to the Sept. 11 panel, to take a more comprehensive look at the anthrax case and its implications.

Note: The government has seemed eager to pin this on Ivins, when evidence appears to point to the U.S. military. For more strange evidence on anthrax and dead researchers, click here.


Military Veterans File Suit Over Rape Claims
2011-02-15, CBS News/Associated Press
http://www.cbsnews.com/stories/2011/02/15/national/main20031948.shtml

More than a dozen U.S. veterans who say they were raped or assaulted by comrades filed a class-action suit in federal court [on February 15] attempting to force the Pentagon to change how it handles such cases. The current and former service members - 15 women and two men - describe circumstances in which servicemen allegedly got away with rape and other sexual abuse while their victims were ordered to continue to serve with them. The alleged attackers in the lawsuit include an Army criminal investigator and an Army National Guard commander. The abuse alleged ranges from obscene verbal abuse to gang rape. "The problem of rape in the military is not only service members getting raped, but it's the entire way that the military as a whole is dealing with it," said Panayiota Bertzikis, who is a plaintiff in the lawsuit and claims she was raped in 2006. "From survivors having to be involuntarily discharged from service, the constant verbal abuse, once a survivor does come forward your entire unit is known to turn their back on you. The entire culture needs to be changed."


Why Aren’t G.M.O. Foods Labeled?
2011-02-15, New York Times blog
http://opinionator.blogs.nytimes.com/2011/02/15/why-arent-g-m-o-foods-labeled

If you want to avoid sugar, aspartame, trans-fats, MSG, or just about anything else, you read the label. If you want to avoid G.M.O.’s — genetically modified organisms — you’re out of luck. They’re not listed. You could, until now, simply buy organic foods, which by law can’t contain more than 5 percent G.M.O.’s. Now, however, even that may not work. The U.S. Department of Agriculture has approved three new kinds of genetically engineered (G.E.) foods: alfalfa (which becomes hay), a type of corn grown to produce ethanol), and sugar beets. And super-fast-growing salmon — the first genetically modified animal to be sold in the U.S., but probably not the last — may not be far behind. It’s unlikely that these products’ potential benefits could possibly outweigh their potential for harm. But even more unbelievable is that the Food and Drug Administration and the U.S.D.A. will not require any of these products, or foods containing them, to be labeled as genetically engineered, because they don’t want to “suggest or imply” that these foods are “different.” They are arguably different, but more important, people are leery of them. Nearly an entire continent — it’s called Europe — is so wary that G.E. crops are barely grown there and there are strict bans on imports (that policy is in danger). Furthermore, most foods containing more than 0.9 percent G.M.O.’s must be labeled.

Note: For an article showing how cozy the relationship between Monsanto and the White House is on this issue, click here.


Give Something Back plans to give even more
2011-02-14, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/02/14/BUC81HKHJA.DTL

Give Something Back is celebrating 20 years in business by seeking to triple its size within five years (from $28 million in sales to $100 million) and expand into new categories such as break-room supplies (coffee and snacks), managed print services (toner, paper, repairs and networking), office furniture and janitorial and sanitation products. In most respects, Give Something Back, which says it is the largest privately owned office supply firm on the West Coast, is a regular company. But its underlying premise sets it apart. Inspired by the example of Newman's Own food products, Mike Hannigan and Sean Marx started Give Something Back in Hannigan's living room in 1991 to "use the marketplace to create wealth on behalf of the community," as Hannigan put it. "I loved the idea of being able to combine what I do for work with improving the quality of life in the world I live in," said Marx. Since inception, Give Something Back has donated more than $5 million to a diverse array of nonprofits. Last year, for the first time, its annual donations topped $500,000. It helped pioneer the concept of B (for beneficial) corporations, companies that incorporate social or environmental missions into their charters. About 371 companies nationwide have signed up as B corporations.


Rich Take From Poor as U.S. Subsidy Law Funds Luxury Hotels
2011-02-12, Businessweek/Bloomberg
http://news.businessweek.com/article.asp?documentKey=1376-LG994Q07SXKX01-70TC...

The landmark Blackstone Hotel in downtown Chicago, which has hosted 12 U.S. presidents, opened in 2008 after a two-year, $116 million renovation. Buffed marble staircases greet guests spending up to $699 a night for rooms with views of Lake Michigan. What's surprising isn't the opulent makeover: It's how the project was financed. The work was subsidized by a federal development program intended to help poor communities. The biggest beneficiary of taxpayer help for the Blackstone revamp was Prudential Financial Inc., the second-largest U.S. life insurer. The company got $15.6 million in tax credits from the U.S. Department of the Treasury for helping to fund the project. JPMorgan Chase & Co., the second-largest U.S. bank by assets, also took in money by serving as a lender and the monitor of Blackstone construction financing, city records show. Since 2003, some of the world's biggest financial companies, including Goldman Sachs Group Inc., U.S. Bancorp, JPMorgan Chase and Prudential, have taken advantage of a federal subsidy that will cost taxpayers $10.1 billion -- and most of the public has never heard of it. Investors have used the program, called New Markets Tax Credits, to help build more than 300 upscale projects, including hotels, condominiums, office buildings and a car museum, on streets far from poverty, according to ... records released through a federal Freedom of Information Act request. JPMorgan spokesman Tom Kelly .. declines to discuss specifics. “We think these projects help the community,” Kelly says.

Note: For other revealing major media articles showing blatant corruption in the government and corporations, click here and here.


At CIA, Grave Mistakes, Then Promotions
2011-02-11, ABC News/AP
http://abcnews.go.com/Politics/wireStory?id=12874101

In December 2003, security forces boarded a bus in Macedonia and snatched a German citizen named Khaled el-Masri. For the next five months, el-Masri was a ghost. Only a select group of CIA officers knew he had been whisked to a secret prison for interrogation in Afghanistan. But he was the wrong guy. In the years since the Sept. 11, 2001, terrorist attacks, officers who committed serious mistakes that left people wrongly imprisoned or even dead have received only minor admonishments or no punishment at all. Many officers who made significant missteps are now the senior managers fighting the president's spy wars. The AP investigation of the CIA's actions revealed a disciplinary system that takes years to make decisions, hands down reprimands inconsistently and is viewed inside the agency as prone to favoritism and manipulation. When people are disciplined, the punishment seems to roll downhill, sparing senior managers even when they were directly involved in operations that go awry. Two officers involved in the death of a prisoner in Afghanistan, for instance, received no discipline and have advanced into Middle East leadership positions. Other officers were punished after participating in a mock execution in Poland and playing a role in the death of a prisoner in Iraq. Those officers retired, then rejoined the intelligence community as contractors. Since 9/11, retired CIA officers have published a variety of books opining on what ails the CIA. Their conclusions differ, but they are in nearly unanimous agreement that the system of accountability is broken.

Note: It is great news that the media is now revealing some of the craziness at the CIA, a topic that was almost taboo for the press in the past.


WikiLeaks: U.S. Spied on NATO's Top Official
2011-02-11, CBS News/Associated Press
http://www.cbsnews.com/stories/2011/02/11/501364/main20031493.shtml

Leaked U.S. diplomatic cables appear to show that the United States has been snooping on NATO's top official using secret sources on his own staff. Confidential cables from the U.S. mission to NATO released [on February 11] by WikiLeaks, ... said American diplomats received information on the private conversations of Secretary-General Anders Fogh Rasmussen from "a member of the NATO international staff." Instead of the staffer's name, the phrase "strictly protect" was inserted in a cable dated Sept. 10, 2009. The cable dealt with Fogh Rasmussen's proposal to improve ties with Russia by establishing contacts with the Collective Security Treaty Organization, a Russia-dominated security alliance. The cable was signed off by U.S. ambassador Ivo Daalder. There has been no known [previous] case in the past of a nation spying on the secretary-general.


CIA Director Leon Panetta Warns of Possible Cyber-Pearl Harbor
2011-02-11, ABC News
http://abcnews.go.com/News/cia-director-leon-panetta-warns-cyber-pearl-harbor...

Top U.S. intelligence officials have raised concerns about the growing vulnerability the United States faces from cyberwarfare threats and malicious computer activity that CIA Director Leon Panetta said "represents the battleground for the future." "The potential for the next Pearl Harbor could very well be a cyber-attack," he testified on Capitol Hill [on February 10] before the House Permanent Select Committee on Intelligence. Panetta provided a stark assessment for the intelligence committee. "If you have a cyber-attack that brings down our power-grid system, brings down our financial system, brings down our government systems, you could paralyze this country," he said. U.S officials from the National Security Agency, Department of Homeland Security and the FBI have actively been working the emerging cybersecurity threats. The military activated U.S. Cyber Command last year to coordinate the military's cyberspace resources.

Note: For more articles from reliable sources on the construction of a total surveillance state, click here.


IMF calls for dollar alternative
2011-02-10, CNN
http://money.cnn.com/2011/02/10/markets/dollar/index.htm

The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world's reserve currency. The IMF said Special Drawing Rights, or SDRs, could help stabilize the global financial system. SDRs represent potential claims on the currencies of IMF members. They were created by the IMF in 1969 and can be converted into whatever currency a borrower requires at exchange rates based on a weighted basket of international currencies. The IMF typically lends countries funds denominated in SDRs While they are not a tangible currency, some economists argue that SDRs could be used as a less volatile alternative to the U.S. dollar. The goal is to have a reserve asset for central banks that better reflects the global economy since the dollar is vulnerable to swings in the domestic economy and changes in U.S. policy. In addition to serving as a reserve currency, the IMF also proposed creating SDR-denominated bonds, which could reduce central banks' dependence on U.S. Treasuries. The Fund also suggested that certain assets, such as oil and gold, which are traded in U.S. dollars, could be priced using SDRs. Fred Bergsten, director of the Peterson Institute for International Economics, said at a conference in Washington that IMF member nations should agree to create $2 trillion worth of SDRs over the next few years.


NYSE May Soon Have European Owners
2011-02-10, CBS News
http://www.cbsnews.com/8301-503983_162-20031283-503983.html

The New York Times reports that the New York Stock Exchange is in "talks on a merger with the operator of the Frankfurt Stock Exchange." The exchange faces pressure from electronic upstarts that are taking business from it, reports the Times. The paper says a deal would create the world's largest financial market. The Times reports that the merger ... is an example of technology and globalization changing the world marketplace.

Note: A Los Angeles Times blog on this news states, "the potential deal is the next step in the evolution of stock exchanges from nonprofit entities owned by their members to fast-moving companies with publicly traded stocks." Yet none of these reports discusses the huge significance of this potential deal.


Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.

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