2008 Computex Preview: WiMAX, threat? opportunity?

Thursday, April 17, 2008

2008 Computex Taipei (a.k.a Taipei International Information Technology Show), the second largest IT show in the world, will start on June 3 to 7 at the TWTC Hall 1 & 3, Taipei International Convention Center (TICC), and TWTC Nangang, in conjunction with 2008 WiMAX Expo Taipei, which will start earlier at the Taipei Show Hall 2. With two IT-related industry shows will be concurrently showcased in different venues, it will bring on many convergences and opportunities for networking and mobile-related industries worldwide including Taiwan.

Since the Taipei Computer Association, Ministry of Economic Affairs (MOEA), and Industrial Technology Research Institute preliminary imported the “WiMAX Forum Showcase & Conference” into the TICC, WiMAX-related topics were mostly focused by several worldwide media and industrial elites. In extremity, some technologies and solutions like eSNG, wireless medical care, wireless transmission, and mobile entertainment were showcased there. And the MOEA also signed MOUs with 5 world-class WiMAX companies to help the networking industry last year in Taiwan.

Even though the signing of MOUs and new technologies will bring opportunities for WiMAX-related industries, and the mobile devices will be progressively popular in the future and more slim like an UMPC, but some companies from information security industry were worried about the future trend because of invisible threats on the Internet.

As of “Asia-pacific IT Security Forum” and “IT Security Pavilion” of SecuTech Expo 2008, there were several changes on participation from IT industry, but due to a major impact of “Edison Chen’s photo scandal“, several crisis were exposed with improper habits on modern people when using the Internet.

There were several weak points on IM or P2P software, and USB mass storage devices. For example, Skype, a famous Internet telephony software, progressively became a hacking tool by several fraud groups although several enterprises had awareness on IM software and made several policies to prevent using them. According to a statistic on virus-infected users, even though there were 99% of Microsoft Windows users (infected by viruses), but a minor of 0.03% mobile device (e.g. Windows Mobile, Palm OS, etc.) users shouldn’t be unnoticed. If the infrastructure of WiMAX technology is matured, although it (WiMAX) will bring convergences and opportunities for networking and digital content industries and bring on mobile populations, as the fraud groups updated their crime tools and extended their platform into mobile devices, there will be a lot of risks for mobile and Internet users as they welcomed the WiMAX technology.

It’s a real deal that the WiMAX will bring different kind profits and benefits for different industries, but before the WiMAX became the trend, if Internet users didn’t cultivate proper habits on using the Internet, the WiMAX will still bring on threats for end-users and industries.

Retrieved from “https://en.wikinews.org/w/index.php?title=2008_Computex_Preview:_WiMAX,_threat%3F_opportunity%3F&oldid=1149682”

United States: Four injured in Los Angeles school shooting

Sunday, February 4, 2018

Thursday morning, at Salvador Castro Middle School in the Westlake District, Los Angeles (L.A.), California, US, four students were injured when a gun went off in a girl’s backpack, according to police. L.A. police took a suspect into custody, a twelve-year-old female student, and recovered the gun at the scene.

The four injured students were transported to a local hospital. A fifteen-year-old boy suffered a gunshot wound to the head and was recovering according to a Los Angeles County-USC Medical Center spokesperson on Wednesday. A fifteen-year-old girl was shot in the wrist, and two other students were grazed. The girl and two other students were hospitalized for their injuries.

A 30-year-old staff member was also injured, but reports were unclear whether she was injured by gunfire.

Police officials charged the twelve-year-old girl with negligent discharge of a firearm and she was taken to a juvenile detention center. Police said they did not believe the shooting was intentional, but suspected the girl had the gun in her backpack and it fired off when the bag dropped on the ground.

The Westlake middle school is located near downtown L.A. and is located on the campus of Belmont High School and had an enrollment last year of 355 students.

Retrieved from “https://en.wikinews.org/w/index.php?title=United_States:_Four_injured_in_Los_Angeles_school_shooting&oldid=4629227”

Finding The Hair Style And Color That Represents You

byAlma Abell

Having the perfect Hair Style matters, but it seems the color may be just as important. There have been numerous studies done to learn what people think of women with specific hair colors. If you have the color you love, it may not matter to you what others think, but it is still nice to know when it is time for a change.

Hair color commercials want you to think any color is fine, just as long as it does not contain gray. That is not true anymore and a quick look through any fashion magazine will prove the point. It is not unusual to see young women with hair dyed gray. The only problem is that gray hair must be properly cared for. Otherwise, it can be dry and coarse and look a little unkempt. Keep it well conditioned and styled and it can be as beautiful and youthful as any hair.

There is no one color that everyone prefers. This does not mean that people do not have stereotypes about each shade and the women who wear them. Blondes may or may not have more fun, but they are often seen as more approachable than women with other hair colors. This is according to a study of single men. This same group also believed that while they were more approachable, they may also be more needy and demanding as well.

Brunettes are still considered by those in surveys to be the ones that are the most intelligent. It is unlikely this is true across the board, but studies have shown they are more likely to earn more money that women with other hair colors.

Redheads are considered fun, fiery, and a little promiscuous. This seems unfair, except a German study stated that women with red hair have more partners than other women and, whether married or single, have more sex as well. Since the study was of all women, not just those with natural red, blonde or brunette locks, it could be that those who are a little more passionate on the inside like to reveal that with their fiery red tresses.

If your hair is not reflecting the real you, it is time to come to Tangles Salon. They can help you get the Hair Style and color that is perfect for your complexion, features, and attitude. Contact them today to schedule an appointment. You can follow them on Instagram.

Wikinews interviews Eric Saussine, director of the James Bond fan film Shamelady

Wednesday, July 16, 2008

The James Bond film series is one of the most popular and successful, having grossed over US$4 billion worldwide. The suave, sophisticated secret agent has secured his place in popular culture as the definitive action hero that has appeared in twenty-three films between 1954 and 2006.

Daniel Craig was announced as the seventh actor to portray 007 in late 2005, making his debut in the 2006 smash hit Casino Royale. While fans await Craig’s second outing in Quantum of Solace, due later this year, they have been able to watch Shamelady, a fan film made by the French film production company Constellation Studios.

Shamelady is a tribute to Ian Fleming, the author of the James Bond novels on which many of the films are based, and EON Productions, the makers of the official 007 films. The film was first released in 2007 and runs just under an hour long. It can be downloaded from Constellation’s website or viewed on YouTube.

Legally, the filmmakers cannot profit from Shamelady, but they didn’t make it for the money, rather the thrill of creating an original Bond film. The plot is fairly simple, and reminiscent of Casino Royale. Bond is sent to a casino to nab a vicious crime lord, but gets betrayed by a fellow agent in the process. Viewer reaction to the film was positive for the most part, and Constellation Studios has now planned a sequel to Shamelady, which director Eric Saussine speaks of in the interview below.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_Eric_Saussine,_director_of_the_James_Bond_fan_film_Shamelady&oldid=675363”

Cold as ice: Wikinews interviews Marymegan Daly on unusual new sea anemone

Tuesday, January 21, 2014

In late 2010 a geological expedition to Antarctica drilled through the Ross Ice Shelf so they could send an ROV under it. What they found was unexpected: Sea anemones. In their thousands they were doing what no other species of sea anemone is known to do — they were living in the ice itself.

Discovered by the ANDRILL [Antarctic Drilling] project, the team was so unprepared for biological discoveries they did not have suitable preservatives and the only chemicals available obliterated the creature’s DNA. Nonetheless Marymegan Daly of Ohio State University confirmed the animals were a new species. Named Edwardsiella andrillae after the drilling project that found it, the anemone was finally described in a PLOS ONE paper last month.

ANDRILL lowered their cylindrical camera ROV down a freshly-bored 270m (890ft) hole, enabling it to reach seawater below the ice. The device was merely being tested ahead of its planned mission retrieving data on ocean currents and the sub-ice environment. Instead it found what ANDRILL director Frank Rack of the University of Nebraska–Lincoln, a co-author of the paper describing the find, called the “total serendipity” of “a whole new ecosystem that no one had ever seen before”.

The discovery raises many questions. Burrowing sea anemones worm their way into substrates or use their tentacles to dig, but it’s unclear how E. andrillae enters the hard ice. With only their tentacles protruding into the water from the underneath of the ice shelf questions also revolve around how the animals avoid freezing, how they reproduce, and how they cope with the continuously melting nature of their home. Their diet is also a mystery.

What fascinates me about sea anemones is that they’re able to do things that seem impossible

E. andrillae is an opaque white, with an inner ring of eight tentacles and twelve-to-sixteen tentacles in an outer ring. The ROV’s lights produced an orange glow from the creatures, although this may be produced by their food. It measures 16–20mm (0.6–0.8in) but when fully relaxed can extend to triple that.

Genetic analysis being impossible, Daly turned to dissection of the specimens but could find nothing out of the ordinary. Scientists hope to send a biological mission to explore the area under the massive ice sheet, which is in excess of 600 miles (970km) wide. The cameras also observed worms, fish that swim inverted as if the icy roof was the sea floor, crustaceans and a cylindrical creature that used appendages on its ends to move and to grab hold of the anemones.

NASA is providing funding to aid further research, owing to possible similarities between this icy realm and Europa, a moon of Jupiter. Biological research is planned for 2015. An application for funding to the U.S. National Science Foundation, which funds ANDRILL, is also pending.

The ANDRILL team almost failed to get any samples at all. Designed to examine the seafloor, the ROV had to be inverted to examine the roof of ice. Weather conditions prevented biological sampling equipment being delivered from McMurdo Station, but the scientists retrieved 20–30 anemones by using hot water to stun them before sucking them from their burrows with an improvised device fashioned from a coffee filter and a spare ROV thruster. Preserved on-site in ethanol, they were taken to McMurdo station where some were further preserved with formaldehyde.

((Wikinews)) How did you come to be involved with this discovery?

Marymegan Daly: Frank Rack got in touch after they returned from Antarctica in hopes that I could help with an identification on the anemone.

((Wikinews)) What was your first reaction upon learning there was an undiscovered ecosystem under the ice in the Ross Sea?

MD I was amazed and really excited. I think to say it was unexpected is inaccurate, because it implies that there was a well-founded expectation of something. The technology that Frank and his colleagues are using to explore the ice is so important because, given our lack of data, we have no reasonable expectation of what it should be like, or what it shouldn’t be like.

((Wikinews)) There’s a return trip planned hopefully for 2015, with both biologists and ANDRILL geologists. Are you intending to go there yourself?

MD I would love to. But I am also happy to not go, as long as someone collects more animals on my behalf! What I want to do with the animals requires new material preserved in diverse ways, but it doesn’t require me to be there. Although I am sure that being there would enhance my understanding of the animals and the system in which they live, and would help me formulate more and better questions about the anemones, ship time is expensive, especially in Antarctica, and if there are biologists whose contribution is predicated on being there, they should have priority to be there.

((Wikinews)) These animals are shrouded in mystery. Some of the most intriguing questions are chemical; do they produce some kind of antifreeze, and is that orange glow in the ROV lights their own? Talk us through the difficulties encountered when trying to find answers with the specimens on hand.

MD The samples we have are small in terms of numbers and they are all preserved in formalin (a kind of formaldehyde solution). The formalin is great for preserving structures, but for anemones, it prevents study of DNA or of the chemistry of the body. This means we can’t look at the issue you raise with these animals. What we could do, however, was to study anatomy and figure out what it is, so that when we have samples preserved for studying e.g., the genome, transcriptome, or metabolome, or conduct tests of the fluid in the burrows or in the animals themselves, we can make precise comparisons, and figure out what these animals have or do (metabolically or chemically) that lets them live where they live.
Just knowing a whole lot about a single species isn’t very useful, even if that animal is as special as these clearly are — we need to know what about them is different and thus related to living in this strange way. The only way to get at what’s different is to make comparisons with close relatives. We can start that side of the work now, anticipating having more beasts in the future.
In terms of their glow, I suspect that it’s not theirs — although luminescence is common in anemone relatives, they don’t usually make light themselves. They do make a host of florescent proteins, and these may interact with the light of the ROV to give that gorgeous glow.

((Wikinews)) What analysis did you perform on the specimens and what equipment was used?

MD I used a dissecting scope to look at the animal’s external anatomy and overall body organization (magnification of 60X). I embedded a few of the animals in wax and then cut them into very thin slices using a microtome, mounted the slices on microscope slides, stained the slices to enhance contrast, and then looked at those slides under a compound microscope (that’s how I got the pictures of the muscles etc in the paper). I used that same compound scope to look at squashed bits of tissue to see the stinging capsules (=nematocysts).
I compared the things I saw under the ‘scopes to what had been published on other species in this group. This step seems trivial, but it is really the most important part! By comparing my observations to what my colleagues and predecessors had found, I figured out what group it belongs to, and was able to determine that within that group, it was a new species.

((Wikinews)) It was three years between recovery of specimens and final publication, why did it take so long?

MD You mean, how did we manage to make it all happen so quickly, right? 🙂 It was about two years from when Frank sent me specimens to when we got the paper out. Some of that time was just lost time — I had other projects in the queue that I needed to finish. Once we figured out what it was, we played a lot of manuscript email tag, which can be challenging and time consuming given the differing schedules that folks keep in terms of travel, field work, etc. Manuscript review and processing took about four months.

((Wikinews)) What sort of difficulties were posed by the unorthodox preservatives used, and what additional work might be possible on a specimen with intact DNA?

MD The preservation was not unorthodox — they followed best practices for anatomical preservation. Having DNA-suitable material will let us see whether there are new genes, or genes turned on in different ways and at different times that help explain how these animals burrow into hard ice and then survive in the cold. I am curious about the population structure of the “fields” of anemones — the group to which Edwardsiella andrillae belongs includes many species that reproduce asexually, and it’s possible that the fields are “clones” produced asexually rather than the result of sexual reproduction. DNA is the only way to test this.

((Wikinews)) Do you have any theories about the strategies employed to cope with the harsh environment of burrowing inside an ice shelf?

MD I think there must be some kind of antifreeze produced — the cells in contact with ice would otherwise freeze.

((Wikinews)) How has such an apparently large population of clearly unusual sea anemones, not to mention the other creatures caught on camera, gone undetected for so long?

MD I think this reflects how difficult it is to get under the ice and to collect specimens. That being said, since the paper came out, I have been pointed towards two other reports that are probably records of these species: one from Japanese scientists who looked at footage from cameras attached to seals and one from Americans who dove under ice. In both of these cases, the anemone (if that’s what they saw) was seen at a distance, and no specimens were collected. Without the animals in hand, or the capability of a ROV to get close up for pictures, it is hard to know what has been seen, and lacking a definitive ID, hard to have the finding appropriately indexed or contextualized.

((Wikinews)) Would it be fair to say this suggests there may be other undiscovered species of sea anemone that burrow into hard substrates such as ice?

MD I hope so! What fascinates me about sea anemones is that they’re able to do things that seem impossible given their seemingly limited toolkit. This finding certainly expands the realm of possible.
Retrieved from “https://en.wikinews.org/w/index.php?title=Cold_as_ice:_Wikinews_interviews_Marymegan_Daly_on_unusual_new_sea_anemone&oldid=4567503”

Hp0 A24 Training Materials

HP0-A24 training materials

by

cocoz123

Language:English

Exam Number/Code : HP0-A24

Exam Name : NonStop Data Communication Basics

Vendor: HP

Associated Certifications: AIS

Questions and Answers : 73 Questions and Answers

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There are many AIS HP0-A24 dumps and HP0-A24 training materials providers that would guarantee you to pass HP0-A24 exam using their products. In comparison to all those, Certidea has been reliable resource for HP0-A24 preparation, offering training materials for different HP certifications. Certidea HP0-A24 study guide give you the IT ticket to go beyond the basic exam training and pass Customizing Portal Solutions with HP Products and Technologies with good score. The testing engine provided with Certidea HP0-A24 exam package makes up for the detailed written exam that you will get to see in most of training sessions for the HP0-A24 exam.

[youtube]http://www.youtube.com/watch?v=q_S-SUIfw_U[/youtube]

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Q.What is the most efficient technology to use to create an Expand path between two NSseries nservers located in the same computer room?

A.X.25

B.SNA

C.Ethernet

D.ServerNet Cluster

Answer:D

Q.Which event is most likely to interrupt availability in a satellite connected network?

A.heavy rain

B.decreased ozone levels

C.direct sunlight on the uplink

D.increased environmental noise

Answer:A

Q.Which LAN-based technology provides flexible connectivity of desktop and portable devices in an office environment?

A.CAT3 cabling

B.wireless LAN

C.fiber optic LAN

D.10BaseT cabling

Answer:B

Q.Which SCF command is used to display all configured TCP/IP addresses?

A.info subnet $*.*

B.listdev tcpip $*.*

C.status subnet $*.*

D.listopens process $*.*

Answer:A

Q.How can you improve availability when configuring NonStop TCP/IPv6 with multiple failover pairs and static routes?

A.Connect to a firewall that uses MAC to IP address filtering.

B.Select LIF pairs for the failover to be on the same adapters.

C.Add a copy of each route to one subnet in each failover pair.

D.Use Ethernet switches that have spanning tree protocol enabled.

Answer:C

other related exams:

HP0-J25HP0-J17HP0-J16cisco

Article Source:

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Gasoline pipeline explosion in Nigeria kills hundreds

Tuesday, December 26, 2006

Reports say that hundreds of people are dead after a gasoline pipeline exploded in the northern suburbs of Lagos, Nigeria on Tuesday.

“Some of the bodies were so burnt that it would be difficult to recognize them as those of human beings,” said one Red Cross official, Kingsley Amori.

The Red Cross says that many of the victims can only be identified by looking at the remains of their skulls. Estimates suggest that 200-900 people were killed, and another 60 people received medical treatment.

“The bodies are scattered over the ground. We can’t get close enough because the fire is still burning. We cannot confirm how many hundreds were killed.” said secretary-general of the Nigerian Red Cross, Ige Oladimeji.

The explosion is believed to have been caused by vandalization in the pipeline. Reports say that thieves used a drill to punch a hole in the pipeline in order to steal gasoline, which is sold on the black market.

Fuel was being pumped into the pipes to be distributed for consumer use when it exploded. The pipeline is operated by the Nigerian National Petroleum Corporation, which is owned by the State of Nigeria. Workers have stopped pumping fuel through the pipelines.

Retrieved from “https://en.wikinews.org/w/index.php?title=Gasoline_pipeline_explosion_in_Nigeria_kills_hundreds&oldid=2318208”

German BND claims U.S. exaggerated Iraq WMD claims

Sunday, November 20, 2005

One of the most important arguments in the run-up to the Iraq war made by Colin Powell in his United Nations speech and President Bush in his State of the Union address was that Iraq had an active biological weapons program and possessed mobile biological weapons labs. According to an investigation by the Senate Intelligence Committee, the main source for this information was an Iraqi defector codenamed Curveball who was a source for the German central intelligence agency BND.

Several German intelligence officials responsible for Curveball have now told the LA Times that the Bush administration and the CIA have repeatedly exaggerated his claims and ignored warnings of the BND that the source was unreliable. Recounting his reaction after seeing Powell’s United Nations speech one German intelligence officer said: “We were shocked. Mein Gott! We had always told them it was not proven…. It was not hard intelligence.” This corroborates reporting by the German weekly newspaper Die Zeit from 2003 and 2004 based on statements of unnamed senior German intelligence officials.

Nine months earlier, in May 2002, a fabricator warning was posted in Curveball’s file in U.S. intelligence databases. Powell was never warned that his United Nations speech contained material that both the DIA and CIA had determined was false, even though several people present at Powell’s CIA meetings were fully aware of this.

At this time German intelligence officers would not let the CIA meet directly with Curveball, but allowed a CIA doctor to draw blood samples. Questioning the validity of Curveball’s information in front of his CIA supervisor, the doctor was advised to “Keep in mind that this war is going to happen regardless of what Curveball said or didn’t say and the Powers That Be probably aren’t terribly interested in whether Curveball knows what he’s talking about.”

Shortly after Powell’s UN speech and several days before the invasion, United Nations weapons inspectors attempted to directly verify several key claims made by Curveball, but concluded that they were unsustainable. The White House insisted on its WMD claims based on Curveball’s information.

Even after the invasion, when more and more of Curveball’s accounts were shown to be pure fabrication, the CIA and the Bush administration relied on Curveball’s information. When U.S. forces discovered trucks with lab equipment and Curveball claimed that these were identical to the ones he has been reporting about, the CIA rushed to publish a White Paper claiming that these trucks were part of Saddam Hussein’s secret biological weapons program and Bush claimed publicly that “We found the weapons of mass destruction.” Several days later, twelve of the thirteen WMD experts who analyzed the trucks agreed that the equipment was not suited for biological weapons production, with the only dissenting voice coming from the author of the original White Paper.

The White Paper remains posted on the CIA website to this date, and President Bush has not yet retracted his statement that Iraq produced “germ warfare agents” made in his State of the Union address or his postwar assertions that “we found the weapons of mass destruction.”

Retrieved from “https://en.wikinews.org/w/index.php?title=German_BND_claims_U.S._exaggerated_Iraq_WMD_claims&oldid=1977477”

Importance Of A Veterinarian For Keeping Your Dog In Its Pink Of Health

byalex

Besides you, who else do you suppose is the most important for your pet (s)? Well, you can easily answer this question because you love your pet so much, right? Well, another important person for your pet, apart from you is a veterinarian. This is because, he (or she) has in depth knowledge about pets as well as various ailments related to them. Therefore, you should have the contact numbers as well as address of some of the reputable vets practicing in local animal hospitals. After all its your duty to take proper care of your dog, and do whatever is necessary to keep it fit and active all day long. Suppose, your dog is ill, and you took it to a nearby vet without inquiring about his (or her) reputation, then that Tom, Dick, or Harry can hamper the health of your pet to a greater extent. So, section of vet is the the most important in this regard.

[youtube]http://www.youtube.com/watch?v=9ihXq_WwiWM[/youtube]

When it comes to finding a real pet lover cum veterinarian, you can ask around the people you know. Asking other pet owners is undoubtedly one of the best considerations in this respect. Also, you should always ask for his (or her) registration with the American Veterinary Medical Association (AVMA).

So, are you searching for a reputable and caring veterinarian? McLean is one of the best places to initiate with your search. Also, you can visit the American Animal Hospital Association (AAHA) accredited animal hospitals located in the region for the same.

Market maker Bernard L. Madoff arrested in $50B ‘giant Ponzi scheme’

 Correction — January 10, 2009 This article incorrectly states that Mr Madoff attended Hofstra University Law School. His education was actually with Hofstra College, which he graduated from in 1960. 

Friday, December 12, 2008

Top broker and Wall Street adviser Bernard L. Madoff, aged 70, was arrested and charged by the FBI on Thursday with a single count of securities fraud, also known as stock fraud and investment fraud. He allegedly told senior employees of his firm on Wednesday that his $50 billion business “is all just one big lie” and that it was “basically, a giant Ponzi scheme (since at least 2005).” Mr. Madoff faces up to 20 years imprisonment and a fine of up to $5 million. FBI agent Theodore Cacioppi said Mr. Madoff’s investment advisory business had “deceived investors by operating a securities business in which he traded and lost investor money, and then paid certain investors purported returns on investment with the principal received from other, different investors, which resulted in investors’ losses of approximately $50 billion dollars.”

The former chairman of the Nasdaq Stock Market is also the founder and primary owner of Bernard L. Madoff Investment Securities LLC, the closely-held market-making firm he launched in 1960. The firm is one of the top market maker firms on Wall Street. He founded his family firm with an initial investment of $5,000, after attending Hofstra University Law School. He saved the money earned from a job lifeguarding at Rockaway Beach in Queens and a part time job installing underground sprinkler systems.

A force in Wall Street trading for nearly 50 years, he has been active in the National Association of Securities Dealers (NASD), a self-regulatory organization for the U.S. securities industry. His firm was one of the five most active firms in the development of the NASDAQ, having been known for “paying for order flow,” in other word paying a broker to execute a customer’s order through Madoff. He argued that the payment to the broker did not alter the price that the customer received. He ran the investment advisory as a secretive business, however.

Dan Horwitz, counsel of Mr. Madoff, in an interview, said that “he is a longstanding leader in the financial-services industry with an unblemished record; he is a person of integrity; he intends to fight to get through this unfortunate event.” Mr. Madoff was released on his own recognizance on the same day of his arrest, after his 2 sons turned him in, and posting $10 million bail secured by his Manhattan apartment. Without entering any plea, the Court set the preliminary hearing for January 12.

Madoff’s hedge fund scheme may rank among the biggest fraud in history. When former energy trading giant Enron filed for bankruptcy in 2001, one of the largest at the time, it had $63.4 billion in assets. The scheme would dwarf past Ponzis, and it would further be nearly five times the telecommunication company WorldCom fraud and bankruptcy proceedings in 2002.

The Securities and Exchange Commission filed a separate civil suit on Thursday against Bernard L. Madoff Investment Securities and its eponymous founder Mr. Madoff. It was docketed as “U.S. v. Madoff,” 08-MAG-02735, by the U.S. District Court for the Southern District of New York (Manhattan). SEC, New York associate director of enforcement, Andrew M. Calamari, asked the judge to issue seizure orders on the firm and its assets, and appoint a receiver. The SEC pleads, among others, that “it was an ongoing $50 billion swindle; our complaint alleges a stunning fraud that appears to be of epic proportions.” It further accused the defendant of “paying returns to certain investors out of the principal received from other, different investors” for years. Madoff’s hedge fund business had previously claimed to have served between 11 and 25 clients and had $17.1 billion in assets under management. But virtually all of the assets were missing.

United States District Court for the Southern District of New York Louis L. Stanton on Thursday appointed Lee Richards, a Manhattan lawyer, as the firm’s receiver. A hearing is set for Friday, for a ruling on the SEC’s petition to grant plenary powers to the receiver over the entire firm, and an absolute asset sequestration.

Doug Kass, president of hedge fund Seabreeze Partners Management said that “this is a major blow to confidence that is already shattered — anyone on the fence will probably try to take their money out.”

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