April 2024 - cypherpunks - lists.cpunks.org

BREAKING: SEC Voluntarily Stays Climate Regs During Court Battle
by Gunnar Larson 05 Apr '24

05 Apr '24

BREAKING: SEC Voluntarily Stays Climate Regs During Court Battle <https://www.law360.com/banking/articles/1821398?nl_pk=feb6bbba-7878-4d39-be…> By Jessica Corso The U.S. Securities and Exchange Commission announced Thursday that it is voluntarily delaying the implementation of climate disclosure regulations while it fights an Eighth Circuit challenge seeking to vacate the rules, with the regulator saying that it hopes the voluntary stay will speed up the resolution of the case. Read full article » <https://www.law360.com/banking/articles/1821398?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1821398?nl_pk=feb6bbba-7878-4d39-be…>

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Burglars steal $30 million on Easter in one of L.A.'s biggest heists - Los Angeles Times
by Gunnar Larson 05 Apr '24

05 Apr '24

https://www.latimes.com/california/story/2024-04-03/sylmar-burglary-money-s… CALIFORNIA Burglars steal as much as $30 million in one of L.A.’s largest cash heists ever, LAPD seeks clues Los Angeles police headquarters downtown. An FBI spokeswoman confirmed Wednesday night that the agency and the Los Angeles Police Department are investigating the theft. Above, LAPD’s headquarters downtown. (Mel Melcon / Los Angeles Times) By Richard Winton Staff Writer In one of the largest cash heists in Los Angeles history, thieves made off with as much as $30 million in an Easter Sunday burglary at a San Fernando Valley money storage facility, an L.A. police official said. The burglary occurred Sunday night at a facility in Sylmar where cash from businesses across the region is handled and stored, said L.A. Police Department Cmdr. Elaine Morales. The thieves were able to breach the building as well as the safe where the money was stored, Morales said. Law enforcement sources said the burglary was among the largest in city history when it comes to cash, and the total also surpassed any armored-car heist in the city. Mystery surrounds the break-in. Sources familiar with the investigation told The Times that a burglary crew broke through the roof of the Gardaworld building on Roxford Street to gain access to the vault. But it is unclear how they avoided the alarm system. The Canada-based security company has not responded to requests for comment. The operators of the business did not discover the massive theft until they opened the vault Monday. An ABC-7 TV news helicopter video showed a large cut on the side of the building covered by a piece of plywood. Authorities were alerted, and detectives from the LAPD’s Mission Division station responded to the crime scene to gather evidence. MORE TO READ The Peninsula Hotel in Beverly Hills on September 05, 2014. Thief who finagled luxury hotel room keys admits to brazen diamond necklace heist April 2, 2024 Paul Pierce speaks while wearing a black hoodie in front of a black backgroud. Burglars reportedly hit Paul Pierce’s L.A. home, make off with $100,000, luxury watches March 19, 2024 Los Angeles Police Department Headquarters is seen on Tuesday, Feb. 8, 2022. Sophisticated ‘burglary tourists’ fly from South America to rob wealthy homes, LAPD says March 16, 2024 A law enforcement source confirmed to The Times there was an effort to breach the side of the cash-holding building in addition to the roof. At least one alarm was triggered during the crime, but it was not connected to local law enforcement, according to a source familiar with the investigation who was not authorized to discuss it publicly. Mystery shrouds the multimillion-dollar Brink's big rig heist BUSINESS Brink’s heist mystery: Questions about a timeline that ‘doesn’t make any sense’ Sept. 16, 2022 Further adding to the intrigue is that very few individuals would have known of the huge sums of cash being kept in that safe, according to law enforcement sources. The break-in was described as elaborate and suggested an experienced crew who knew how to gain entry to a secure facility and go unnoticed. Scott Andrew Selby, co-author of “Flawless: Inside the Largest Diamond Heist in History,” said that the theft has “all the markings of a really well-thought-out job” that was done by a “professional crew,” adding that based on other major heists of this nature, it is likely that the thieves had some inside intelligence. He said investigators will be “looking around the globe for crimes with a similar M.O.” As to whether the money is traceable, Selby said it depends on whether there are records of serial numbers or the cash that was collected is already in circulation. It is hard to hide ill-gotten gains and launder traceable bills, he said. “As technology progresses and the world gets small, there are a lot of ways you can mess up and get caught,” Selby said. “With touch DNA, the slightest mistake can expose the identity of a member of the crew, leading authorities to eventually identify their associates.” An FBI spokeswoman confirmed Wednesday night that the agency and the LAPD are investigating the theft. A federal source said investigators were trying to complete a full accounting of the missing cash, but said it could be the largest cash heist in L.A.’s history. ADVERTISEMENT The prior largest cash robbery in Los Angeles was on Sept. 12, 1997, with the theft of $18.9 million from the former site of the Dunbar Armored facility on Mateo Street. Those behind the incident were eventually caught. Sunday’s theft comes nearly two years after the multimillion-dollar heist of jewelry from a Brink’s big rig at a Grapevine truck stop. As much as $100 million in jewels and valuables was taken from the truck. Ryan Gosling in DRIVE. Courtesy of FilmDistrict and Bold Films and OddLot Entertainment MOVIES These are the 5 best L.A. heist movies March 14, 2024 In that case, thieves made off with the goods at 3 a.m. on July 11, 2022, taking more than 20 large bags stuffed with jewelry, gems and other items that the Brink’s tractor-trailer had been transporting to the L.A. area from the International Gem and Jewelry Show in San Mateo. The heist occurred during a 27-minute window in which one driver slept in the vehicle’s sleeper berth and another ate a meal at the Flying J, a sprawling truck stop just off Interstate 5’s sinuous Grapevine in Lebec, Calif. That crime remains unsolved. Since a burglary crew broke through the reinforced roof of a Laguna Niguel bank and blew a hole in the safe more than four decades ago, it’s been extremely rare in Southern California for thieves to break in from above. But a decade ago, rooftop bandits breached a series of banks in strip malls across the San Gabriel Valley. They stole at least $16 million before five were caught by the major crimes unit of the Los Angeles County Sheriff’s Department. Last July, a burglary crew broke in through the roof of a wine specialist in Venice, making off with about 800 bottles worth about $600,000 — one of the biggest crimes in California wine history. CALIFORNIAFAST BREAK Newsletter Start your day right Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week. Enter email address Enter email address SIGN ME UP You may occasionally receive promotional content from the Los Angeles Times. Richard Winton Twitter Instagram Email Facebook Richard Winton is an investigative crime writer for the Los Angeles Times and part of the team that won the Pulitzer Prize for public service in 2011. Known as @lacrimes on Twitter, during almost 30 years at The Times he also has been part of the breaking news staff that won Pulitzers in 1998, 2004 and 2016. symbol 00:00 00:00 Read More MORE FROM THE LOS ANGELES TIMES The interior of a glass church. CALIFORNIA Wayfarers Chapel looks to relocate due to threatening landslide April 4, 2024 Viewers use special glasses to watch from San Antonio, as the moon moves in front of the sun during an annular solar eclipse, or ring of fire, Saturday, Oct. 14, 2023. (AP Photo/Eric Gay) CALIFORNIA Preparing for Monday’s solar eclipse: What you need to do to watch safely April 4, 2024 Diptych of Anthony Graziano, right, and his 15-year-old daughter, Savannah Graziano. CALIFORNIA San Bernardino County Sheriff’s Department admits it killed teen hostage. Why did it take so long? April 4, 2024 Santa Monica, CA - March 31: A runner jogs along the sand as waves roil the ocean along empty beach where a late season storm begins to move out of Southern California on Sunday, March 31, 2024 in Santa Monica, CA. (Brian van der Brug / Los Angeles Times) CALIFORNIA This is spring? Coldest storm of the year brings snow and rain to California April 4, 2024 SUBSCRIBERS ARE READING COMPANY TOWN FOR SUBSCRIBERS Andy Cohen turned Bravo into a cable powerhouse. Now the ‘king of reality TV’ faces his own drama WORLD & NATION FOR SUBSCRIBERS L.A. synagogue’s invite to Muslims for Ramadan ends in tears and resignations. Can they heal? CALIFORNIA FOR SUBSCRIBERS Scientology tried to ‘derail’ star’s rape trial by harassing prosecutor, suit says; church calls claim ‘false’ TELEVISION I spent 24 hours on Trump’s Truth Social so you don’t have to. No wonder it’s tanking SCIENCE & MEDICINE FOR SUBSCRIBERS She died after liposuction by a pediatrician. Doctors warn of cosmetic surgery’s ‘Wild West’ ADVERTISEMENT LATEST CALIFORNIA CALIFORNIA Murder or self-defense? Ex-school officer on trial for shooting girl in moving car April 4, 2024 CALIFORNIA LAPD officer who moonlights as gun influencer loses lawsuit over social media accounts April 4, 2024 CALIFORNIA Stanford names Jonathan Levin, business school dean, new president after leadership crisis April 4, 2024 CALIFORNIA Residents in wealthy Montecito are using boulders to block hikers’ parking, bringing warnings April 4, 2024 CALIFORNIA Judge says prosecutors pick on far-right protesters, sentences alleged supremacist to time served 1 hour ago ADVERTISEMENT ADVERTISEMENT A California Times publication Subscribe for unlimited access Site Map Follow Us Twitter Instagram YouTube Facebook eNewspaper Coupons Find/Post Jobs Place an Ad Media Kit: Why the L. A. Times? Bestcovery MORE FROM THE L.A. TIMES Copyright © 2024, Los Angeles Times | Terms of Service | Privacy Policy | CA Notice of Collection | Do Not Sell or Share My Personal Information

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FTC Won't Overlook 'Unanticipated' Harms, Slaughter Says
by Gunnar Larson 05 Apr '24

05 Apr '24

FTC Won't Overlook 'Unanticipated' Harms, Slaughter Says <https://www.law360.com/competition/articles/1820671?nl_pk=6416fd97-1dc4-4e0…> By Allison Grande The Federal Trade Commission won't hesitate to go after companies and their executives that fail to take steps to address the broad range of privacy harms and other risks that can arise from the emergence of new digital technologies, particularly in the wake of a recent federal court ruling that backed this theory, Commissioner Rebecca Kelly Slaughter said Wednesday. Read full article » <https://www.law360.com/competition/articles/1820671?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1820671?nl_pk=6416fd97-1dc4-4e0…>

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Israel-Hamas War No Excuse To Skip Discovery: Ch. 11 Judge
by Gunnar Larson 05 Apr '24

05 Apr '24

Israel-Hamas War No Excuse To Skip Discovery: Ch. 11 Judge <https://www.law360.com/mergersacquisitions/articles/1820090?nl_pk=a34c25b5-…> By David Minsky A Florida bankruptcy judge on Wednesday penalized an Israeli creditor pursuing a roughly $13 million Chapter 11 claim against a California-based air purifier maker, finding the conflict between Israel and Hamas is not a valid excuse for repeatedly missing discovery deadlines. 3 documents attached | Read full article » <https://www.law360.com/mergersacquisitions/articles/1820090?nl_pk=a34c25b5-…> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/1820090?nl_pk=a34c25b5-…>

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Judge Consolidates Wells Fargo Unwanted Products Suits
by Gunnar Larson 05 Apr '24

05 Apr '24

Judge Consolidates Wells Fargo Unwanted Products Suits <https://www.law360.com/cybersecurity-privacy/articles/1820460?nl_pk=3dfd2fd…> By Emilie Ruscoe A San Francisco federal judge has consolidated five suits asserting proposed class claims that the bank sought to shortchange customers who deserved compensation after they were enrolled in financial products without their knowledge. Order attached | Read full article » <https://www.law360.com/cybersecurity-privacy/articles/1820460?nl_pk=3dfd2fd…> | Save to favorites » <https://www.law360.com/cybersecurity-privacy/articles/1820460?nl_pk=3dfd2fd…>

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There’s a Revival of the Dotcom-esque Froth in Today’s Markets; Cathie Wood Is Standing in for Henry Blodget and Jack Grubman; Nasdaq Is Playing Nasdaq
by Gunnar Larson 05 Apr '24

05 Apr '24

https://wallstreetonparade.com/2024/04/theres-a-revival-of-the-dotcom-esque… By Pam Martens and Russ Martens: April 3, 2024 ~ BubblesOn Wednesday, April 3, Cathie Wood, CEO and Chief Investment Officer of ARK Investment Management, reiterated her price target of $2,000 on Tesla, the electric vehicle manufacturer. Tesla’s stock opened Wednesday at $164.02 and was trading at $168 by early afternoon. The average analyst price target on Tesla is $178.16 – more than $1800 away from Cathie Wood’s price target. Market Insider reported on March 14 that Tesla is the third-largest holding in Wood’s flagship ARKK fund, “with a value of $574.88 million.” In other words, Wood has a not so subtle incentive to want to boost Tesla’s share price. Tesla has lost $300 billion in market cap since June of last year and its share price is down more than 30 percent year-to-date. Tesla does have this going for it. It makes real things – autos – that are useful to society (providing there is an engaged human behind the wheel). The stock exchange where Tesla is listed is Nasdaq – which has a checkered past in terms of its listings – as well as price fixing by the biggest trading houses on Wall Street. Following the Nasdaq dotcom mania of the late 1990s, the Nasdaq reached a closing high of 5,048.62 on March 10, 2000. It then proceeded to lose 78 percent of its market value over the next 2-1/2 years. It reached a closing low of 1,114.11 on October 9, 2002. One year into the crash, New York Times reporter Ron Chernow described the devastation as follows: “Let us be clear about the magnitude of the Nasdaq collapse. The tumble has been so steep and so bloody — close to $4 trillion in market value erased in one year — that it amounts to nearly four times the carnage recorded in the October 1987 crash.” Chernow called the Nasdaq stock market a “lunatic control tower that directed most incoming planes to a bustling, congested airport known as the New Economy while another, depressed airport, the Old Economy, stagnated with empty runways. The market functioned as a vast, erratic mechanism for misallocating capital across America,” Chernow wrote. Misallocating capital across America and away from the “Old Economy”? Hmmm. Today we have airplane components falling off commercial passenger planes in the sky and unsafe bridges, while a Donald Trump startup, Trump Media & Technology Group, (owner of a social media platform whose primary use seems to be for Trump to slander sitting judges and elected officials), has a market cap of $5.5 billion and trades at 1800 times revenues. According to an SEC filing on Monday, the company lost $58.19 million last year on revenues of a meager $4.13 million. Where does Trump’s company trade? Nasdaq, of course. Following the dotcom bust, the Nasdaq was so discredited that it did not reset its March 2000 high until 15 years later. In fact, it remained 50 percent or more below that high until 2007. It turned out that there was a pack of crooked analysts on Wall Street that were the wind beneath the Nasdaq’s dotcom wings. These analysts were effectively pimps pushing out lemon companies as hot IPOs while calling the companies dogs and crap in internal emails. The analysts and their bosses got rich from bonuses while investors were left with a portfolio of bankrupt companies. On April 28, 2003, the Securities and Exchange Commission settled its cases against the corrupt research practices with 10 Wall Street banks for $875 million. No one went to jail. Just two individual analysts were charged: Jack Grubman of Citigroup’s former Salomon Smith Barney unit and Merrill Lynch’s Henry Blodget. Both men were barred from future affiliation with a Wall Street firm and paid fines that were a fraction of the bonuses they had collected. The same Wall Street banks that settled with the SEC in 2003 continue to be allowed by the SEC to issue research reports on companies for whom they underwrite stock and debt offerings.

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Re: Dear Professor Rat
by Gunnar Larson 04 Apr '24

04 Apr '24

#NYCCOIN #MIACoin On Wed, Apr 3, 2024, 2:53 AM Gunnar Larson <g(a)xny.io> wrote: > Dear Professor Rat: > > You have to be joking. > > I do not support any type of propaganda against the FBI. I have my own > records/document access agenda here in New York City. > > You know this. > > For example, the FBI sent me a letter just the other day, noting documents > for First Republic are forthcoming... They closed my account being a crypto > innovator (the records should prove). > > In other news, you are Australian? > > Well, your boyfriend Assange is on borrowed time. You know this too. > > I graduated from Bond University on the Gold Coast, #1 in the world for > study abroad: > https://www.buzzfeed.com/laraparker/the-best-places-to-study-abroad > > Here is a Australian feature Assange would kill for: > https://youtu.be/9VNar7BWnA8?si=kfd9foOC7W2f6v0S > > What I am trying to say is that this is 2024 and the obsolete Assange bad > attitude vs. the intelligence community has expired. > > While I am at it, Bloomberg is the head of DOD Innovation. Bloomberg has > impacted my life for the better. > > If Assange was really who he says he is, he would be a AI Australia price > gouging activist. > > Professor Rat, we should band together and start pounding the table to get > answers on our Australian, Canadian and American colleagues lost yesterday. > > I was told there could be AI price gouging at play. I contacted a > Bloomberg government reporter, but no response yet. Maybe he too is waiting > for documents/records. > > Have a good day! > > Gunnar >

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Regulators Propose Special Regime For Digital Securities
by Gunnar Larson 04 Apr '24

04 Apr '24

Regulators Propose Special Regime For Digital Securities <https://www.law360.co.uk/financial-services-uk/articles/1820568?nl_pk=a94fc…> By Alex Davidson Britain's finance regulators proposed on Wednesday a special regulatory regime to allow firms to use new technology to issue, trade and settle digital shares and bonds, a move they hope will boost the country's global competitiveness. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1820568?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1820568?nl_pk=a94fc…>

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Tort Report: Cert Bid For NY Gun Law; Insult Atty Update
by Gunnar Larson 04 Apr '24

04 Apr '24

Tort Report: Cert Bid For NY Gun Law; Insult Atty Update <https://www.law360.com/newyork/articles/1820318?nl_pk=ac5a3855-e47c-4403-be…> By Y. Peter Kang A high court challenge of New York's gun sales law and an update on disciplinary proceedings against an attorney who hurled insults at judges, calling them "scumbags," lead Law360's Tort Report, which compiles recent personal injury and medical malpractice news that may have flown under the radar. Complaint attached | Read full article » <https://www.law360.com/newyork/articles/1820318?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1820318?nl_pk=ac5a3855-e47c-4403-be…>

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NY Bank, Investors Want Derivative Suits Merged, Paused
by Gunnar Larson 04 Apr '24

04 Apr '24

NY Bank, Investors Want Derivative Suits Merged, Paused <https://www.law360.com/newyork/articles/1820769?nl_pk=ac5a3855-e47c-4403-be…> By Isaac Monterose New York Community Bancorp Inc. and several of its investors asked a New York federal judge to consolidate and stay the investors' derivative shareholder suits against the bank. Letter attached | Read full article » <https://www.law360.com/newyork/articles/1820769?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1820769?nl_pk=ac5a3855-e47c-4403-be…>

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