Word: labs
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Dates: during 2000-2009
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Looks like Wall Street's mad scientists have blown up the lab again. The subprime mess that is cutting so wide a swath through financial markets can be traced to the alchemy of creating collateralized debt obligations (CDOs) compounded by the enormous amount of leverage applied by big hedge funds. CDOs are derivatives - synthetic financial instruments derived from another asset...
...Proving the power of an Oprah association, one recently departed celebrity has surpassed searches for living celebrities like Kate Beckinsale, Julia Louis-Dreyfus and Ultimate Fighting Champion star Chuck "the Iceman" Liddell. Its Gracie, Oprah's recently deceased golden lab. May she rest in peace...
...growing pains. But as companies explore why their expensive virtual outposts remain largely empty, Second Life has other, potentially more serious, issues. Governments are scrutinizing the four-year-old site as a possible haven for tax-free commerce, child-porn distribution and other unsavory activity. The dilemma for Linden Lab, the company running Second Life, is how to rein in its creation without alienating hard-core users. Fans love the site as a way to meet people and experiment in self-expression. And companies are drawn to these techno-savvy trendsetters who spent 22 million hours on the site last...
...report this afternoon into biosecurity at a vaccine laboratory suspected of being at the center of the cases was inconclusive. Health officials believe the nearby Pirbright research lab - home to a government research center and a company that makes FMD vaccines - is the source because the strain of the virus identified in the sickened cattle currently exists only in research centers...
...last three days scrutinizing Merial Animal Health, the British arm of U.S.-based Merial Ltd, which recently produced 10,000 litres of foot-and-mouth virus culture during vaccine preparation. There have been media speculation that recent flooding in the U.K. helped spread the virus from the Merial lab, but the report said waterborne release had not been confirmed and that release via contamination of a lab employee or visitor remains a "real possibility" (the foot-and-mouth virus can be transported on shoes and clothing...