Many on Wall Street say greed isn't just good -- it's necessary - latimes.com

They say it only takes a few bad apples to spoil the bunch. So how rotten can things get when a quarter of those apples are no good?


A survey of 500 top Wall Street execs by the law firm Labaton Sucharow finds that 24% believe that professional money people need to engage in unethical or illegal behavior to be successful.


Moreover, 26% say they've seen or know of such behavior, while 16% would commit insider trading if they thought they could get away with it.


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Share » » Obama gives himself control of all communication systems in America

US President Barack Obama quietly signed his name to an Executive Order on Friday, allowing the White House to control all private communications in the country in the name of national security.


President Obama released his latest Executive Order on Friday, July 6, a 2,205-word statement offered as the “Assignment of National Security and Emergency Preparedness Communications Functions.” And although the president chose not to commemorate the signing with much fanfare, the powers he provides to himself and the federal government under the latest order are among the most far-reaching yet of any of his executive decisions.



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FBI Wants Backdoors to Facebook, Twitter Immediately

It's no big secret that the FBI wants a backdoor to every American website planted on the Internet. However the government agency now wants the secret entrance unlocked as soon as possible -- like right this minute -- because the drastic shift from using telephones to using the Internet has made it nearly impossible for agents to wiretap Americans suspected of foul play. The bureau calls it a "Going Dark" problem, as its surveillance capabilities may diminish as technology advances if things don't change.

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