Puppet Masters
"The early release of market-moving survey data undermines fair play in the markets," Schneiderman said, back in the second week of July. Thomson Reuters suspended the practice of selling two-second head starts after Schneiderman insisted upon a change. Still, the firm defiantly refused to declare the change permanent and insisted that it had the right to "legally distribute non-governmental data" to "fee-paying subscribers."
It turns out that there's more to the story.
Back in June, journalist Simone Foxman at the global economic site Quartz reported that in addition to the two-second head start some Thomson Reuters customers were getting on the release of the University of Michigan Survey of Consumers, other customers may have been getting their data even earlier, "nearly an hour in advance" in some cases.
Rolling Stone has since learned that a whistleblower complaint has been filed to the SEC identifying 16 of the world's biggest banks and hedge funds as the allegedly even-earlier recipients of this key economic data. The complaint alleges that this select group of customers received the data anywhere from 10 minutes to an hour ahead of the rest of the markets.

Royal Canadian Air Force CF-18 Hornets receives fuel from a CC-150T Polaris Aug. 28, 2013, at Exercise Vigilant Eagle (VE) 13.
The joint military drill kicked off on August 26, with scenarios that required the United States, Canada and Russia to respond to simulated terrorist hijackings of commercial aircraft. Both NORAD, a bi national command of the United States and Canada, and Russia had to scramble fighter jets and track and intercept the "hijacked aircraft."
Just concluding the most ambitious Vigilant Eagle exercise yet, NORAD's operations director Canadian Major General Andre Viens and Russian Commander Gen. Maj. Dmitry Gomenkov told reporters they are ready to take the lessons learned to make next year's exercise even more challenging.
Throughout the exercise series, the participants have developed tactics, techniques and procedures to effectively notify, coordinate, and conduct positive hand-off of a hijacked aircraft flying through Russian, Canadian and American airspace, Viens told reporters during a teleconference.
"We intend to protect national sovereignty," Xinhua quoted Senator Vanessa Graziotin of the Communist Party of Brazil as saying Tuesday.
The committee, comprising 11 main members and seven substitutes, initially has 180 days to investigate claims that the NSA monitored emails between Rousseff and several of her top aides, and tapped her phone.
The investigative period can be extended by another 180 days if the commission needs more time.
The members discussed the possibility of the state providing federal protection for Rio de Janeiro-based journalist Glenn Greenwald and his partner David Miranda, considering them to be key witnesses in the investigation.
Greenwald was the first to break the story of Washington's global spying programme, based on documents leaked by former NSA contractor Edward Snowden.
Tehran proposed ending support for Lebanese and Palestinian militant groups and helping to stabilise Iraq following the US-led invasion.
Offers, including making its nuclear programme more transparent, were conditional on the US ending hostility.
But Vice-President Dick Cheney's office rejected the plan, the official said.
The offers came in a letter, seen by Newsnight, which was unsigned but which the US state department apparently believed to have been approved by the highest authorities.
In return for its concessions, Tehran asked Washington to end its hostility, to end sanctions, and to disband the Iranian rebel group the Mujahedeen-e-Khalq and repatriate its members.
Former Iraqi leader Saddam Hussein had allowed the rebel group to base itself in Iraq, putting it under US power after the invasion.
Asked why Russia is boosting its task force in the region, Sergei Ivanov said: "Above all, given the presence there of amphibious landing ships, they are intended for a possible evacuation of Russian citizens."
Russia's Deputy Defense Minister Anatoly Antonov said earlier on Thursday that the country's increased presence in the Mediterranean is "a legitimate, natural and predictable reaction to the situation developing" in the region.
"Our actions are in strict compliance with international law and the UN Charter," he stressed, adding that the Mediterranean Sea is "quite close to Russia's borders."
Addressing the first working session of this year's G20 summit, he said that although the US economy was growing, it was not growing fast enough, and there were no guarantees that Japan's economic growth had become a stable trend.
The situation in the euro zone is "disturbing, due to the ongoing recession," Putin said, adding that a 0.6 percent economic decline is expected this year.

Saudi sheikhs and Israeli leaders agree: 'We'll basically hire the US military to fight the war against Syria for us'
Apparently trying to assuage concerns about billions and billions of taxpayer dollars financing a "punishment strike" that most legislators know in their guts is the opening salvo in another Libyan style war of degrading the Syrian military (while untold numbers of civilians are also killed in the process), Kerry, according to The Washington Post, revealed more than he probably meant to:
Secretary of State John Kerry said at Wednesday's hearing that Arab counties have offered to pay for the entirety of unseating President Bashar al-Assad if the United States took the lead militarily.The conundrum for Kerry is that you can't say "nobody's talking about it" when you've just said that an offer is on the table in case the Syrian conflict becomes a full-fledged Libyan style regime replacement operation.
"With respect to Arab countries offering to bear costs and to assess, the answer is profoundly yes," Kerry said. "They have. That offer is on the table."
Asked by Rep. Ileana Ros-Lehtinen (R-Fla.) about how much those countries would contribute, Kerry said they have offered to pay for all of a full invasion.
"In fact, some of them have said that if the United States is prepared to go do the whole thing the way we've done it previously in other places, they'll carry that cost," Kerry said. "That's how dedicated they are at this. That's not in the cards, and nobody's talking about it, but they're talking in serious ways about getting this done."

It turns out that far from being tortured, McCain's life was saved by the people he was dropping bombs on daily.
Mr McCain, the Republican presidential candidate, who was a Navy pilot during the Vietnam war, regularly refers to his experiences after being captured when his plane was shot down over North Vietnam in 1967.
He was taken to Hoa Lo Prison, nicknamed the "Hanoi Hilton", where he was kept for more than five years and subjected to such brutal beatings that he attempted suicide, he later recalled. Today he is unable to lift his arms above his head and, it recently emerged, finds activities requiring intensive use of his hands - such as typing - extremely painful.
Comment: Apparently this doesn't hinder his ability to draft legislation that enslaves the American people, start new wars or play online poker.
Yet in an interview with the Italian newspaper Corriere della Sera, Mr Nguyen insisted that conditions in the prison were "tough, though not inhuman". He said that Mr McCain had arrived with the worst injuries he had seen among downed pilots, and that it had been his job to keep the American alive.
If this was from a spoof of the U.S. election it would be hilarious. Unfortunately, this is frighteningly real. This is the U.S. election. The "real" one, in a manner of speaking. However, the U.S. hasn't had a real election in some time. So in a way, this is a spoof of the U.S. election.
On October 26, 1967, Mai Van On ran from the safety of a bomb shelter at the height of an air raid and swam out into the lake where Lieutenant Commander McCain was drowning, tangled in his parachute cord after ejecting when his Skyhawk bomber was hit by a missile.
In an extraordinary act of compassion at a time when Vietnamese citizens were being killed by US aerial bombardments, he pulled a barely conscious McCain to the lake surface and, with the help of a neighbour, dragged him towards the shore.
And when a furious mob at the water's edge began to beat and stab the captured pilot, Mr On drove them back.












Comment:
So, what do our American readers think of Kerry's proposition: the Saudis and Qataris will pay for this dirty little war if you supply the cannon fodder.
Fair deal?