By Cory Doctorow In 2013, we learned that the world’s largest banks had spent years rigging LIBOR, an interest-rate benchmark that served as a linchpin in trillions of dollars’ worth of financial instruments, a fraud that could have cost the world $500 trillion, all to fatten the banks’ bottom lines and bankers’ pay-packets by paltryRead More
Estimating displacement rates
of copyrighted content in the EU is a 360,000€ study commissioned by the European Commission from the Dutch consulting firm Ecorys, whose mandate was to “research the effect piracy had on sales of copyrighted content” — the report was completed in 2015, but never made public.
That’s because the reportRead More
The recent trumpist trumpeting about the plans of Chinese manufacturer Foxconn to open a manufacturing facility in Wisconsin omitted a few key details — like the fact that Foxconn is being given a sweetheart tax-break that’s topped up with 15 years’ worth of guarantees of up to $200m/year in cash subsidies at taxpayer expenseRead More
Attorney General Jeff Sessions, having been thrown under the bus by Donald Trump, has clearly run out of fucks to give, and so now he’s not only reviving the feel-good anti-drug program that convinced kids to take drugs, not only directing fed cops to arrest people who take weed in states where it’s legalRead More
When a network TV show performs badly, the networks deliberately introduce errors into the episodes’ metadata before submitting it to the Nielsen ratings, so that the episode is counted as a separate show and doesn’t bring the season’s average rating down.
NBC has falsified its records for the “NBC Nightly News” 14 timesRead More
Lynne Patton has no experience with housing policy, claims to have a law degree from a university that says she dropped out after two semesters, claims an affiliation with Yale that no one can explain, and is implicated in the Eric Trump charity scam that directed cash earmarked for children’s cancer research into theRead More