Millions of profiles from DNA database passed to private firms

Papers obtained under the Freedom of Information Act show that on five occasions since 2004 private firms with police contracts have successfully applied to use the database to help them develop computer programs. The DNA database contains records of 4.2 million people, of which a million have never been convicted of an offence. Records are […]

The New World Order comes to New Zealand: Eye scans, fingerprints to control NZ borders

In the run up to the second world war the Germans started to cataloque people in huge data bases. Every body was registered, you could not go anywhere without an ID and when the big extermintation began this data base was used to find Jews, Gays, Political oponents and eve rybody else the Nazi’s deemed […]

Investigators swoop on Hanover

Within hours of receiving complaints yesterday, the Commerce Commission took the unusual step of announcing an investigation into whether Hanover Finance had misled its investors and the public. “The investigation is into whether Hanover Finance has breached the Fair Trading Act by making misleading representations to prospective investors and/or the public generally,” the commission said […]

John Key among the rich getting richer

National Party leader John Key has squeaked into the National Business Review’s annual Rich List for the first time, with his estimated $50 million net wealth just meeting the list’s threshold for inclusion. The NBR says Mr Key’s well-known rag to riches story sees him owning properties in Auckland, Wellington, Omaha Beach, as well as […]

More war profiteering: General Dynamics Second-Quarter Net Jumps 25% on Armor, Jets

By Edmond Lococo July 23 (Bloomberg) — General Dynamics Corp., the largest maker of armored vehicles for the U.S. military, said second- quarter earnings rose 25 percent as the Iraq war lifted sales of blast-proof trucks to protect troops from roadside bombs. The company raised its full-year profit forecast. Read more

GM, Ford `On the Verge of Bankruptcy,’ Altman Says

Economic meltdown in the USA continues. By Greg Miles and Caroline Salas July 22 (Bloomberg) — General Motors Corp. and Ford Motor Co., the two biggest U.S. automakers, have about a 46 percent chance of default within five years, according to Edward Altman, a finance professor at New York University’s Stern School of Business. “Both […]

Multimillion-dollar gold mining bid for Bay of Plenty

A multinational company has lodged an application for a $622 million gold and copper deep-sea mining on New Zealand’s continental shelf within two years. London Alternative Investment Market (AIM)-listed Neptune Minerals Plc, which has filed a mining application with the Ministry of Economic Development, say the operation 300 kilometres north of East Cape, could be […]

GM, Ford `On the Verge of Bankruptcy,’ Altman Says

By Greg Miles and Caroline Salas July 22 (Bloomberg) — General Motors Corp. and Ford Motor Co., the two biggest U.S. automakers, have about a 46 percent chance of default within five years, according to Edward Altman, a finance professor at New York University’s Stern School of Business. “Both are in very serious shape and […]

Record home losses in California

This is not a market correction, this is an economic meltdown. California foreclosures up 261% from ’07 levels Breaking: DataQuick reports today that foreclosures in California soared 33% from the first quarter to the second quarter of 2008, and are running 261% ahead of year-ago levels. More, from DataQuick: “Lenders started foreclosure proceedings on a […]