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...conversations too, randomly generating screen names and sending messages in the hopes they'll find someone on the other end. Bloggers aren't safe, either - makers of the spam-filtering tool Akismet estimate that 93% of comments on all blogs are spam; their software has caught more than 13 billion...
...because China has not signed the World Trade Organization agreement that limits protectionism for government procurement, foreign governments have little recourse. China's National Development and Reform Commission said in June that except in cases where the necessary technology is unavailable domestically, funds from the country's $586 billion stimulus package should buy Chinese-made equipment...
...homeowner and found it staggering that just the mortgage-interest and property-tax deductions amount to $96 billion per year. The elimination of those two deductions alone would virtually pay for health-care reform. I recall the fear expressed when the removal of interest deductions for auto loans and credit cards was first discussed. The bottom did not fall out of those sectors. Nor will it fall out of the housing market. Peter Remondino, Scottsdale, Ariz...
...businesses battle to get through the recession, more and more are turning to third-party-exchange networks like Bartercard. According to the International Reciprocal Trade Association, the industry trade body, more than 400,000 businesses transacted $10 billion globally in 2008 - and officials expect trade volume to grow by 15% in 2009. Bartercard, the world's largest exchange network, is leading the charge. So far this year trades through its network are worth more than $2 billion, up by 20% over 2008. Founded in Australia in 1991, when the country was mired in recession, the firm now does business...
...trading ring, the largest ever centered in the hedge-fund industry. Raj Rajaratnam, a billionaire co-founder of the Galleon Group, and five others were arrested and charged with earning $20 million off stock trades on the basis of information unavailable to the public. Rajaratnam, whose firm manages $3.7 billion, allegedly relied on a broad network of sources, including executives at IBM and McKinsey & Co., for lucrative tips; one leak about a Google earnings report yielded his firm $8 million in profits in 2007, authorities said. The investigation was the first insider-trading probe to make use of wiretaps...