On A ‘Rigged’ Wall Street, Milliseconds Make All The Difference
“The stock market is rigged,” Michael Lewis tells Fresh Air‘s Terry Gross. “It’s rigged for the benefit for really a handful of insiders. It’s rigged to … maximize the take of Wall Street, of banks, the exchanges and the high-frequency traders at the expense of ordinary investors.”
You’d be surprised to hear what investment banks do to get that nanosecond edge, and how they often use it in ways Lewis describes as predatory. “There’s a decline of trust in the marketplace because it’s not as trustworthy,” Lewis says.
Clean Hands Doctrine: “He who comes into equity must come with clean hands.”
France to shun Rwanda genocide ceremony; Publish Date: Apr 06, 2014:
PARIS - France on Saturday pulled out of the 20th anniversary commemorations for the Rwandan genocide after President Paul Kagame again accused Paris of “participating” in the 1994 mass killings.
Incapable of Competing on a level playing field:
According to a source in the Senegalese presidency – French President Francois Holland wrote to his Senegalese counterpart Macky Sall in January about the plant (of the Nigerian Tycoon) “in order to raise awareness of the difficulties faced by Sococim” (a French Cement Company).
Interview: A Hormonal Seesaw: The Atrazine and AI Connection
HUMAN RIGHTS VIOLATIONS
MOST RECENT PUBLICATIONS 2013 -------------------------------------------------------
March on DC @50 - Forum - Pros and cons of foreign direct investment Why Uganda Parliament Should wait to pass a GMO Bill - Ugandan Priest Suspended for Suggesting Catholic Priests to Marry - Investment or Land Grab Disguised? - Policy Considerations - ARE YOU WHAT YOU EAT / DRINK?(The Big Cover up) - -GM debate forum records -Biotechnology -GM debate -The Anglican Church at cross-roads -The divided land ------------------------------------------------------------------------------- MOST RECENT PUBLICATIONS 2012 -At Crossroads -(Rerun; it's time of the year) Vitamin D deficiency -Open letter to ASARECA Board of Directors -Links -Do you recite the Lord’s prayer, if so, which version? -Gold at last, once again! -Do you know Dengue Fever? -Putting Fun into Sportsmanship (Usain Bolt gets the Last Laugh) -Olympics -Boarding Schools -Austerity bites Britain -To nature or nurture your child -Sadistic Examiners -What a 'first' love! -Malaria and poverty +
News you can use:
Marching On Washington: A Photographer, A Minister, A Student, A Ranger
But what if there’s something even worse than trans fat? And it’s not some unique fat that is rare in the American Diet. In fact, it’s often where trans fat often comes from…hydrogenated soybean oil…
This time, though it’s not just the hydrogenated part we’re concerned with, however. It’s the soybean oil itself. And while you may not use soybean oil regularly to cook with, trust me, it permeates our food supply.
Americans consume more than 28 billion pounds of edible oils annually, and soybean oil accounts for about 65 percent of it. About half of it is hydrogenated, as soybean oil is too unstable otherwise to be used in food manufacturing. One of the primary reasons for hydrogenating oil is to prolong its shelf life. Raw butter, for example, is likely to go rancid far quicker than margarine.
Durbin, University of Illinois announce $25 million federal grant to increase Africa’s food supply through soybean researchPublished November 1, 2013
The people living in the poverty band in the lower latitudes of Africa struggle with low-productivity crops, isolation from markets, and access to low-cost sources of protein and oil,” said Goldsmith. “There has also been a research void in soy production among developing countries. We’ve already seen soy as an economic engine creating agro-industrial growth in developing countries. That’s the beauty of a highly productive commercial crop such as soybean.
The U.S. Food and Drug Administration just announced its preliminary determination that partially hydrogenated oil is no longer generally recognized as safe for use in food.
Dr. Margaret A. Hamburg said in a statement that further reduction would prevent more than 20,000 heart attacks and 7,000 new cases of coronary heart disease each year.
The agency’s decision will significantly impact the vegetable oil market, including the soybean oil market. The agency has made a tentative determination to rescind the Generally Recognized as Safe (GRAS) status for partially hydrogenated oils (PHO), including partially hydrogenated vegetable oil (PHVO).
The process of partially hydrogenating vegetable oils to make them more stable for certain baking, frying, or food applications has taken place since the 1930s, a process that results in the formation of some trans fats. Due to indications that increased consumption of trans fats may negatively affect coronary health, the FDA started requiring in 2006 that food nutrition panels identify the amount of trans fat in food products.WebMD Health NewsReviewed by Louise Chang, MD
March 7, 2008 — Trans fats have long been the bane of dietitians because they raise levels of artery-clogging LDL cholesterol and lower “good” HDL cholesterol levels — which increase the risk of heart disease. Yet two new studies show that not all trans fats are created equal, and natural trans fats don’t appear as harmful to cholesterol levels as artificial trans fats.
Trans fats, or “trans fatty acids,” come in two forms:
- Industrial trans fats are artificially created by manufacturers by adding hydrogen to liquid vegetable oils; these are called “partially hydrogenated oils.” This makes the oils more solid to give foods like cookies, pies, and french fries a rich, crispy texture.
- Natural trans fats are found in meat (cow, sheep, goat) and dairy products. These trans fats are made naturally in the stomach of these animals.
Most trans fats from the diet are industrial trans fat. Studies have shown that industrial trans fats contribute to heart disease by raising bad LDL cholesterol — the kind that can lead to hardening of the arteries — and by lowering good HDL cholesterol — the kind that can reduce heart disease risk.
The book follows the individual struggles of these three people over many years, culminating with GlaxoSmithKline finally agreeing in 2004 to settle charges of consumer fraud for $2.5 million (a tiny fraction of the more than $2.7 billion in yearly Paxil sales about that time).
Antidepressant drugs approved between 1987 and 1999—Prozac, Paxil, Zoloft, Celexa, Serzone, and Effexor.10 They found that on average, placebos were 80 percent as effective as the drugs. The difference between drug and placebo was so small that it was unlikely to be of any clinical significance.
We are now in the midst of an apparent epidemic of bipolar disease in children (which seems to be replacing attention-deficit hyperactivity disorder as the most publicized condition in childhood), with a forty-fold increase in the diagnosis between 1994 and 2003.
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