Word: yorking
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...Representative Jeb Hensarling, a Republican from Texas, said he thought the Treasury Department had overstepped its authority when it used TARP funds to help the auto companies. Richard Neiman, who is the superintendent of the New York State Banking Department, said it looked like the administration was unlikely to meet its goal of modifying as many as 3 million mortgages...
...aims to digitize as many books as possible and make them available to the web-using public. The project proved controversial from the start, with U.S. publishers accusing the Internet giant of copyright infringement. Google eventually came to an agreement with them over the issue. But as a New York court tries to decide whether or not the agreement is legitimate, it's now Europe's turn to cry foul, with European publishers complaining the settlement is unfair...
...Last year, they came to a settlement, which is now awaiting approval from a New York district court. Presently, Google Books gives readers full access to books that are out of copyright - therefore, in the public domain - but shows only extracts of books that are still in copyright, alongside information on bookstores and libraries where you can find them. Should the court approve the agreement, Google will be able to offer users the option to purchase full digital access to books that are still in copyright but are out of print - turning itself, in effect, into a huge bookstore...
...York district court has scheduled a fairness hearing for Oct. 7, in an attempt to decide, among other things, whether or not the Google Books agreement is anti-competitive. There has been a rush of last-minute filings, for and against the agreement, from rival companies, publishers, advocacy groups and even foreign governments, including Germany's (which opposes the agreement). Should Judge Denny Chin find against the settlement, the class action originally launched by the AAP and the Authors Guild would, in theory, continue. He could also decide against outright approval but still sketch out other possible solutions...
...British commando raid on a Taliban hideout rescued kidnapped New York Times reporter Stephen Farrell on Sept. 9. But Farrell's Afghan translator Sultan Munadi and a woman and child were killed in the raid, raising questions about whether military force should have been used...