Shaw Capital Management Headlines

Thursday, November 3, 2011

Shaw Capital Management News on Hacker chief ‘Sabu’ on Being Fugitive

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Shaw Capital Management News on Hacker chief ‘Sabu’ on Being Fugitive

New York City guy linked to LulzSec and Incognito organizations by Shaw Capital Management news.

Among the reclusive frontrunners in the notorious and disbanded LulzSec hacking organization gave an online interview where he talked candidly concerning living being a sought internet offender, the successes and future of his previous organization and the concerns that one of his peers will ultimately bring him down.

From the conversation, section of a continuing “Ask Me Anything” thread on Reddit, Sabu says he is wedded, talks 3 languages fluently – English, Spanish and German – and started being a self-taught hacker in 2000. Though his answers are not really the facts, it seems Sabu is actually Puerto Rican, 30 years old and dwells within New York City.

Actually, Sabu might not suit the stereotypical “hacker” cast. He explained he likes repairing automobiles, enjoying music and getting together with his family members. “I am loving life a whole lot at the moment,” he said. “I rarely have time for [hacker operations] just like I did before.

What exactly keeps a 30-year-old contentedly wedded guy committed to the shadowy underground realm of activism? Sabu, additionally a part of Anonymous, says he is influenced by a single all-encompassing thought. “Revolution moves on thru my veins and it is denser than blood,” he explained.

It turned out this similar concept that ignited the fire in LulzSec and resulted in its distinctive hacks towards anyone through the U.S. Senate, the CIA and Nintendo to PBS, Fox.com and state internet sites in Brazil and Britain.

While it technically disbanded in late June – this organization came back a month afterwards to compromise The Sun’s web site and leak staff member names in retaliation for Rupert Murdoch’s sanctioned voicemail hacking – Sabu stated LulzSec continues to have a cache with delicate documents out of key companies, which includes more e-mails from The Sun it’s storing in Chinese providers, and data thieved from HSBC as well as “the few other banking institutions.”

LulzSec offers “loads of remarkable dumps we have been looking at because of time,” Sabu claimed.

However he confessed he is “on the run, Sabu is definitely a lot less concerned with the authorities locating him as compared to one of his ex- LulzSec peers ratting him away.

“The interesting angle would be that my very own buddies takes me down, but not those dummies who disguise behind a patriot veil,” he explained, making reference to the Jester, the pro-American hacker that continuously goads Sabu as well as other Anonymous associates on Twitter.

In case he is able to avert detectors and police arrest, Sabu says he intends to switch his intentions to education and desires to one day “release a number of books.” As much as Anonymous, Sabu doesn’t view the organization or its belief ceasing.

“I view it breeding a lot of groups plus political parties,” he explained. “This movement is definitely true. No more a web meme.

Wednesday, October 19, 2011

Capital Punishment : Shaw Capital Management | Investing Stock Headlines

Capital Punishment

A dramatist who laughs at time, George Bernard Shaw has had three plays in production on Broadway this past season. Mr. Shaw was born in Dublin in July, 1856, and these are the dates which stand out in his record: 1876, when he captured London for life; 1884, when he became the leading spirit of the Fabian Society; 1898, when he was married; and 1925, when he received the Nobel Prize for Literature.

by George Bernard Shaw

CAPITAL Punishment is a term which indicates muddled thinking. The dilemma of kill or be killed, which confronts civilized society daily and inexorably, is bedeviled by the jumble of panic, superstition, and angry resentment we call punishment, expiation, propitiatory blood sacrifice, justice, and many other imposing names. The dilemma is a hard fact which must be faced and organized. The jumble should be unraveled and its superstitions utterly discarded.

Let me illustrate. Dogs are friends of Man; but an exceptional dog sometimes goes mad and runs amok through the streets, biting and infecting everybody it comes across. Fond as we may be of dogs we must kill it on the spot, by gun or bludgeon.

Cobras and adders, perfectly sane and normal, may get loose in a school playground or domestic garden. We break their necks without trial by jury.

Discuss this article in the Community & Society forum of Post & Riposte.

Return to Flashback: Who Deserves to Die?

A fox caught in a poultry yard is liquidated on the spot, though it is only acting according to its nature as we ourselves do when we eat the turkey we have killed the fox for pursuing with the same purpose.

Nobody thinks of these liquidations as punishments, nor expiations, nor sacrifices, nor anything but what they really are: sheer necessities.

Precisely the same necessity arises in the daily-occurring cases of incorrigibly mischievous human beings. They are vermin in the commonwealth, ferocious wild beasts on our highways, robbers and crooks of all sorts.

What are we to do with them? To punish them is absurd: two blacks do not make a white; and punishment creates a class of punishers whose lives are wasted and their characters depraved so that as citizens they become almost as undesirable as the criminals they torture. But the criminals have to be dealt with somehow.

The thoughtless humanitarian is ready with his reply. Reform the criminal: be kind to him.

But the criminal who can be reformed is not the problem. If you can reform him (or her) reform him; that is all. Do not make him a martyr. The real problem is the criminal you cannot reform: the human mad dog or cobra. The answer is, kill him kindly and apologetically, if possible without consciousness on his part. Let him go comfortably to bed expecting to wake up in the morning as usual, and not wake up. His general consciousness that this may happen to him should be shared by every citizen as part of his moral civic responsibility.

There is a considerable class of persons who become criminals because they cannot fend for themselves, but who under tutelage, superintendence, and provided sustenance are self-supporting and even profitable citizens. They make good infantry soldiers and well-behaved prisoners. But throw them out into the street and they are presently in the dock. They also present no problem. Reorganize their lives for them; and do not prate foolishly about their liberty.

But it may be asked whether they are to be allowed not only to read the newspapers but also to marry and breed. Yes, decidedly; for human stock needs its fallows as much as wheat or oats; and these feckless creatures may be only fallows: their children may be competent as their ancestors. Humane treatment of them will not deprave their custodians, and may prove very instructive. But the ungovernables, the ferocious, the conscienceless, the idiots, the self-centered myops and morons, what of them? Do not punish them. Kill, kill, kill, kill, kill them. The most amiably softhearted monarch, confronted with a death warrant, must sign it or abdicate as unfit to reign.

The Abolitionists will reply at once that in countries where there is no death penalty there is no increase of crime. But there is the atrociously cruel alternative of imprisonment for life; for though our incorrigibles may be let loose on society after thirteen years or less, they are soon back for again acting according to their natures. Meanwhile they are wasting and depraving honest citizens as warders, chaplains, and jail governors who are almost as much prisoners as the criminals they have to torment.

Besides, the increase or decrease of crime is not the point at issue. The percentage of incorrigibles is not affected by the cruelty or kindness of the law. It would remain the same whether we boiled murderers in oil or gave them gold medals. Capital punishment or no capital punishment, there they are with their problem of what is to be done with them.

They are not all murderers. Most of them are quite incapable of committing a murder, but are equally incapable of discharging their social duties and paying their way. On the other hand, murderers are hanged although they have acted under such provocation that there is no reason to fear that they will make a habit of killing their neighbors. The sole justification for kindly but ruthless judicial liquidation is that the delinquent is a loss and a danger to the community; and on this principle we shall liquidate many more human nuisances than at present if we are to the weed the garden thoroughly.

The civilized ruler must have none of that dread of death, nor, like Peer Gynt, of any irrevocable step, which makes our Abolitionists, whenever a capital sentence is passed, write letters to the papers and sign petitions begging for reprieve, yet if the sentence is commuted to one of imprisonment for life forget all about it and leave the guilty wretch to his fate. Their emotions are as thoughtless as those of the savages who shriek for his execution, and would crowd round the gallows to witness it as they used to crowd to see thieves broken on the wheel and harlots whipped through the streets at the carts tail.

Capital Punishment : Shaw Capital Management | Investing Stock Headlines

Capital Punishment

by George Bernard Shaw

Cobras and adders, perfectly sane and normal, may get loose in a school playground or domestic garden. We break their necks without trial by jury.

Discuss this article in the Community & Society forum of Post & Riposte.

Return to Flashback: Who Deserves to Die?

Nobody thinks of these liquidations as punishments, nor expiations, nor sacrifices, nor anything but what they really are: sheer necessities.

The thoughtless humanitarian is ready with his reply. Reform the criminal: be kind to him.

Wednesday, October 5, 2011

Shaw Capital Management Financial News Latest financial news by Shaw Capital Management

By Laurie Segall @CNNMoneyTech August 30, 2011: 3:01 PM ET

NEW YORK (CNNMoney) — Facebook wants you to try to hack into its site — and if you succeed, it will pay you for the details.

Facebook said this week that that it has paid out more than $40,000 under its new “bug bounty” security initiative. Launched three weeks ago, Facebook’s program invites security researchers — both the professional kind and hacker hobbyists — to send it the details of any Facebook vulnerabilities that they uncover. If the report checks out, Facebook will pay a finder’s fee of at least $500.

It’s willing to go higher for extra-impressive bug spotting.

“We’ve already paid a $5,000 bounty for one really good report,” Facebook Chief Security Officer Joe Sullivan wrote in a blog post. “One person has already received more than $7,000 for six different issues flagged.”

Although the social networking has its own security team, Facebook launched its bug bounty program to tap into the collective wisdom of the site’s 750 million users.

“We hire the best and brightest, and have implemented numerous protocols,” Sullivan wrote. “We realize, though, that there are many talented and well-intentioned security experts around the world who don’t work for Facebook.”

Researchers from more than 16 countries have successfully submitted bounty bugs, Facebook said. Its public “thank you” list names dozens of contributors.

Facebook also took pains to assure bug-hunters that it won’t take any legal action against those who submit bugs, even if they were uncovered through less-than-legal routes into Facebook’s systems.

That’s often how hackers find vulnerabilities, but even those without any ill intent — so-called “white-hat hackers” — can land in hot water with companies if they tell them about their intrusion.

“We worked with several third-party groups to ensure that the language in our policy protects researchers and makes clear our intent to work with, not punish, those who report information,” Sullivan wrote.

The Electronic Frontier Foundation, an advocacy group that often weighs in on Internet-related legal issues, is a fan of that approach.

“We hope to see others follow Facebook’s lead and go even further,” the EFF wrote last year about Facebook’s security policy. “The more transparent companies are about their approaches to vulnerability disclosure — and the more they encourage users to come forward — the more often they will learn about problems that need to be fixed.”

Tuesday, September 6, 2011

Shaw Capital Management Headlines || Groupon’s CEO Criticized Media about IPO Plan | World Headlines

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http://shawcapitalmanagement-headlines.com/2011/09/shaw-capital-management-headlines-groupons-ceo-criticized-media-about-ipo-plan/

Andrew Mason, the Chief Executive Officer of Groupon Inc, wrote a lengthy memo to his employees on Thursday, explaining the website’s daily-deal records and growth strategy of the company. He lashed at Shaw Capital Management‘s report to be “insane” and “hilarious”.

He wrote a three-page memo written with glimmers of humor and frustration. Mason claims that his company is heading towards an IPO that sources try to pin down by September. He protected the use of an accounting metric that dismissed concerns for competition of likes in Facebook and Google.

He defends that U.S. revenue jumped around 12% in August from July. A 20% slide is expected for marketing expenses. This is actually printed on a tech blog in All Things Digital. This information, Shaw Capital Management reports, is also confirmed by people close to Mason.

Mason insists that the company has kept mum over all these insane accusations, but there is a way to brush this off too. Media accused Groupon to have been buying customers through reckless marketing and that he made comments having his competitors small and unproductive.

He further explains that this method is impossible to achieve as subscribers will eventually run out. The truth is the business works harder to create competitive benefits that even the largest technology companies have difficulty in penetrating.

Analysts state that Groupon is slowing down in North America with its IPO plans dented with financial disclosures and stock market slump.

ACSOI or adjusted consolidated segment operating income is a debated measure that excludes stock-based compensation, online marketing expenditures, and other related items for acquisition. The company has dropped this in its latest IPO filing this month, as more customers signed in for email alerts.

The CEO harshly criticized reports that the company was shutting down more than ten offices in China and retrenching hundreds of employees with Tencent Holdings. He says this is really baseless and untrue as China has a different market. However, both companies are earning profits.

http://shawcapitalmanagement-headlines.com/

Wednesday, August 10, 2011

Shaw Capital Management Headlines : As London cleans up from riots, residents fume

http://shawcapitalmanagement-headlines.com/2011/08/shaw-capital-management-headlines-as-london-cleans-up-from-riots-residents-fume201108100919931-story/

By Janet Stobart, Los Angeles Times

DATE: WED Aug 10, 2011

Londoners are angry at rioters and at authorities’ response. Some analysts say the unrest springs from Britain’s social disparity. Violence eases in the capital but flares in other cities.

ALSO
Photos: Rioting erupts in London
Reporting from London—They share a city, and very little else.
But one thing united the rioters who have left a trail of shattered glass and burned-out buildings across London and the residents left to clean up the mess: anger.
Facing a storm of criticism for remaining on vacation while his city burned, London Mayor Boris Johnson returned Tuesday to tour Clapham, a well-off south London neighborhood that was one of many stunned by three nights of hopscotching riots that left one man dead and littered theurban landscape with hundreds of damaged businesses and residences.
The shaggy-haired conservative was greeted by crowds of furious store owners asking where police were as their livelihoods were destroyed.

Photos: London riots spread
“I felt ashamed,” he said after viewing the damage, “that people could feel such disdain for their neighborhoods.”
Community leaders, sociologists, police and lawmakers were left groping for a meaning for the worst social unrest to hit London in a generation. The riots laid bare a phenomenon that has stirred deep unease in Britain in recent years: “yobbery,” the anti-social behavior of a generation believed to be so alienated from the norms of civilized society that pockets of some cities live in fear.

But there appeared to be no social or geographical boundaries for the groups of young people who, as the riots gathered pace, used social networks to line up the next target, looting and burning their way through entire neighborhoods with the knowledge that they could outrun police in heavy riot gear.
Some officials, including former London Mayor Ken Livingstone, a leftist commonly known as “Red Ken,” blamed the unrest on recent government budget cuts, which have hit education, social assistance and community budgets.

But to many Britons, the riots were a near-anarchic crime spree that had nothing to do with politics, with hooded youths breaking into stores to help themselves to plasma TVs, clothes and even cash.
With the ostentatious wealth of so many rubbing up against hard-hit lower-income communities, it was difficult to ignore the backdrop of social disparity that defines London. Community activist Symeon Brown works with disaffected young people in Tottenham, the north London neighborhood where the unrest began Saturday night in the wake of a police shooting that left a 29-year-old father of four dead.
David Cameron concedes error in hiring aide linked to hacking
He said the unemployment rate is high in Tottenham, but it’s more complex than that. Young people there feel distanced from and hostile to police, who they believe treat their community with heavy-handed authority, he said.
The continuing riots are a kind of “imitation” of the Tottenham protest, “which was very much a stance against the police, who were seen as losing legitimacy in the eyes of a section of the community,” Brown said. “When that stand took place, you saw young people realize, ‘Wow, we’re actually taking a stance.’ Then they realized that they could get away with it.”
No one has been able to profile them, he said, “but I wouldn’t be surprised if many of them come from hostels or families where they weren’t accountable to parents; if you find an 11-year-old on the roads after midnight, you have to ask questions.”
But people on the streets appeared to have little sympathy for the young rioters.
Liz Pilgrim’s baby clothing shop in the upscale west London neighborhood of Ealing was trashed and looted.
“I can only say I met with a group of feral rats. Where are their parents? We need to get the army out,” she told the BBC.
The riots first struck districts neighboring Tottenham, but spread overnight Sunday to central Oxford Circus and southward to the multiethnic area of Brixton, which has begun to emerge from a dark past of race riots and social deprivation. By early Tuesday morning, crowds of marauders had moved to the more wealthy areas of Clapham and up to trendy Notting Hill.
Looting mobs have mushroomed across the country, with copycat riots in Birmingham and Bristol in central England and Liverpool and Leeds in the north. Unrest flared again Tuesday night in Manchester, Leicester, West Bromwich and Wolverhampton, and a police station in the central city of Nottingham was firebombed, officials said.
Copyright © 2011, Los Angeles Times
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Shaw Capital Management Headlines : Fed jolts Wall Street in bid to soothe nerves | World Headlines: Shaw Capital Management

http://shawcapitalmanagement-headlines.com/2011/08/shaw-capital-management-headlines-fed-jolts-wall-street-in-bid-to-soothe-nerves4/
By Janet Stobart, Los Angeles Times

DATE: WED Aug 10, 2011

A Federal Reserve promise to keep rates low for two years sends markets fluctuating before they end the day on a positive note.

Brian H. Loo, center, Harrison Choi, left, Patrick Ahn, second from left, and Bret Barker right, work on the trading floor at TCW in downtown Los Angeles. (Katie Falkenberg/For The Times / August 10, 2011)

ALSO
Wariness, anxiety on Main Street threaten economic recovery
Reporting from Los Angeles and New York—
Bret Barker jumped on the phone moments after the Federal Reserve shocked Wall Street with its vow to keep interest rates low for two more years.
The bond trader at Los Angeles investment giant TCW Group wanted to know how the unexpected news was affecting bond values and rang up a Wall Street investment bank for a price quote on a $100-million Treasury bond trade.
Divided Fed to keep interest rates low for two year
“He gave me three or four different quotes in the 20 seconds I was on the phone,” Barker said. “He said prices are all over the place.”
The central bank did its best to soothe a jittery Wall Street on Tuesday, but the reaction on stock and bond trading floors from New York to Los Angeles was anything but calm. Financial markets zigzagged immediately after the Federal Reserve released its policy statement.
On the New York Stock Exchangetrading floor at Broad and Wall streets in Lower Manhattan,brokers stood at their trading stations and craned their heads toward the nearest television or
Investors dive into bank stocks
electronic ticker in the minutes leading up to the announcement at 11:15 a.m. PDT. “Sh’s” swept across the floor as the news was about to hit.“The market is so nervous, they’re looking for any kind of direction they might be given,” said Benedict Willis, a trader with Sunrise Securities.

The Dow Jones industrial average, which had been down as much as 205 points earlier in the session, bounced around until the bulls finally won. The blue-chip index ended the day up almost 430 points thanks to a vigorous rally in the final hour as investors scooped up stocks that had been thrashed in recent days.

Apple almost overtakes Exxon Mobil as the most valuable company
But the closing price belied the dramatic initial gyrations and head-scratching as even veteran traders scrambled to make sense of the central bank’s move.

Fed announcements normally are finely calibrated affairs with predictable investor reactions. But in a sign of the intense volatility that gripped the securities markets, stock prices toggled from positive to negative territory more than two dozen times in the hour after the Fed news.

The Dow gained 4% to finish at 11,239.77. The Standard & Poor’s 500 index jumped 53.07 points, or 4.7%, to 1,172.53. The Nasdaq composite index rose 124.83 points, or 5.3%, to 2,482.52.

CalPERS investment portfolio hit in recent stock sell-off

After the Fed announcement, crowds of floor brokers converged at trading stations and bought stocks up on the belief that guaranteed lower rates until mid-2013 would boost the broader economy.

“Take ‘em Johnny!” shouted one trader at the Barclays Capital station as the Dow raced higher.

“Now they’re buying,” another trader answered.

The mood changed abruptly when the news hit a few minutes later that three of the Federal Reserve governors had dissented from the board’s decision.

“Boos” rang out across the floor and the Dow flipped from green to red.

“We knew they have had dissenting views,” Willis said. “At this particular time to see them come out, it was the shock to the market when we were hoping for a little more of a calming statement.”

Yet moments later the mood turned again as the indexes shifted back to green as the initial anxiety wore off.

Traders focused their attention on the Fed’s mention of other tools it could use to help the economy.

It wasn’t definitive, but “it was enough to rally the market,” said Alan Valdes, the head of trading for DME Securities.