links for 2007-10-02
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Citigroup issued a profit warning today, estimating a 60 percent drop in third-quarter earnings because of write-downs for securities backed by subprime mortgages and loans tied to corporate takeovers.
Separately, UBS, Europe’s biggest bank, predicted an
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The Pentagon had issued a new list of contracts, including one worth $92 million to Presidential Airways, the “aviation unit of parent company Blackwater.”
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HA HA!
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Previously undisclosed information reveals (1) Blackwater has engaged in 195 “escalation of force” incidents since 2005, an average of 1.4 per week, including over 160 incidents in which Blackwater forces fired first;
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The New York City Office of Emergency Management (OEM) is sponsoring a design competition to enhance the City’s ability to provisionally house residents after a major coastal storm.
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Amid questions of reckless behavior by U.S contractors, the FBI is sending a team to Iraq to investigate the role of Blackwater USA in last month’s shoot-out in Baghdad that killed 11 Iraqis, an FBI spokesman said Monday.
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Citi currently estimates that it will report a decline in net income in the range of 60% from the prior-year quarter, subject to finalizing third quarter results.
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Congress is considering a bill, HR 946, that would require banks to give consumers a chance to back out of transactions that might cause them to overdraw their checking accounts.
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A U.S.-based private security firm received a contract worth up to 92 million dollars from the Department of Defence amid hard questions about its involvement in two separate violent incidents in Iraq.
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I knew it.
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Apple Inc., along with its chief executive and exclusive U.S. iPhone wireless partner AT&T, have been hit with a new lawsuit from a disgruntled customer who charges the trio with a variety of offenses stemming from the recent iPhone price cut.
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The scientists are analysing the striking sunsets painted by Turner and dozens of other artists to work out the cooling effects of huge volcanic eruptions. By working out how the climate varied naturally in the past they hope to improve the computer model
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The President’s position, and its corollary—that, if many of America’s problems in Iraq are the responsibility of Tehran, then the solution to them is to confront the Iranians—have taken firm hold in the Administration.
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Countrywide Financial Corp. Chairman and CEO Angelo Mozilo cashed in $138 million in stock options over the last year, switching his trading plans as the mortgage company went into a tailspin, it was reported Saturday.
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