LHC Sabotage: Out of Action til Spring 2009


'Big Bang' machine out of action for months: scientists
The multi-billion machine designed to shed light on the "Big Bang" that scientists say created the universe will be out of action until the second quarter of 2009, physicists said Tuesday.

Some may call it sabotage, since helium leaked off and the event was erased from the log. This in turn induced a magnet quench and subsequent circuit failure. So what caused the leak and who erased the log?

CERN delays atom-smashing over magnet fault
At 11:27 local time (10.27 BST), the LHC’s online logbook stated that helium had been lost to the LHC tunnel and that vacuum conditions had also been lost. It added that the CERN fire brigade had been called to the scene, but the entry has since been removed.



Don't come over here and piss on my gate.
Save it and just keep it off my wave...

Meltdown Continues: Hitler Gets a Margin Call



Note: Gold is currently skyrocketing and closing in on $900. The video is for laughs and represents how a few investors where feeling when commodity markets tumbled a few weeks ago.

Crisis Exposes Flaws in U.S. Economy, Tarnishes Image
America's credit ``profile is now weaker because contingent risks have become actual risks to the U.S. government,'' said John Chambers, managing director of sovereign ratings at Standard & Poor's in New York.

The result: Foreign investors may demand higher compensation for providing the money the U.S. government and economy depend on. That, in turn, could translate into lower living standards for Americans as borrowing costs are pushed higher and the dollar is pulled lower


Meanwhile, it's still dead, Jim.



Worst Crisis Since '30s, With No End Yet in Sight
The U.S. financial system resembles a patient in intensive care. The body is trying to fight off a disease that is spreading, and as it does so, the body convulses, settles for a time and then convulses again. The illness seems to be overwhelming the self-healing tendencies of markets. The doctors in charge are resorting to ever-more invasive treatment, and are now experimenting with remedies that have never before been applied. Fed Chairman Bernanke and Treasury Secretary Henry Paulson, walking into a hastily arranged meeting with congressional leaders Tuesday night to brief them on the government's unprecedented rescue of AIG, looked like exhausted surgeons delivering grim news to the family.

Wall Street Meltdown Monday


Wall Street Meltdown: Lehman Files for Record Bankruptcy, Merrill Lynch Is Sold, AIG Seeks Capital
When Wall Street woke up Monday morning, two more of its storied firms had fallen. Lehman Brothers, burdened by $60 billion in soured real-estate holdings, said it is filing for Chapter 11 bankruptcy after attempts to rescue the 158-year-old firm failed. Bank of America Corp. said it is snapping up Merrill Lynch & Co. Inc. in a $50 billion all-stock transaction. And the world's largest insurance company, American International Group Inc., was forced into a restructuring as it sought a lifeline from the Federal Reserve

Lehman Official Chap 11 press release -pdf