October 2011
4 posts
8 tags
Dog eats dog as Britain's tabloids bare all
But this time about their own industry. Prime Minister David Cameron has asked a judge, Lord Brian Leveson, to hold an inquiry into the oft-feared British press and make recommendations for a new regulatory regime. This followed allegations that the News of the World, a best-selling newspaper owned by Rupert Murdoch’s News Corporation, had hacked the mobile phones of a string...
Oct 17th
12 notes
8 tags
Dog eats dog as Britain's tabloids bare all
But this time about their own industry. Prime Minister David Cameron has asked a judge, Lord Brian Leveson, to hold an inquiry into the oft-feared British press and make recommendations for a new regulatory regime. This followed allegations that the News of the World, a best-selling newspaper owned by Rupert Murdoch’s News Corporation, had hacked the mobile phones of a string...
Oct 17th
10 notes
7 tags
Salvage of stricken ship off NZ resumes
A second ship’s officer appeared in court in connection with the running aground of the Liberian-flagged Rena 12 nautical miles off Tauranga on the east coast of New Zealand’s North Island.Officials say that eight days after the accident, large splits have opened up down the middle of its hull of the vessel, which has lost up to 300 tonnes of heavy, thick, toxic fuel.Salvage teams...
Oct 13th
57 notes
6 tags
Lehman says JPMorgan botched securities sale
By Nick BrownOct 11 (Reuters) - Lehman Brothers Holdings Inc accused JPMorgan Chase , its former banker, of mishandling the sale of more than $27 billion worth of securities as Lehman was collapsing in 2008.Lehman, in court papers made public on Tuesday, lobbed myriad allegations at the bank as part of the companies’ ongoing dispute in Lehman’s bankruptcy proceeding.Lehman painted an...
Oct 12th
75 notes