Topped Out, Cashed Out, Dug Out
Friday, May 10, 2013
Vol. 2, No. 131
1776: To the cheers of construction workers and spectators, the spire was set this morning on the new One World Trade Center building, bringing the height to a symbolic 1776 feet. The spire itself is 408 feet, weighs 758 tons, and has a beacon light that will be seen for miles. The building opens in 2014.
Cashed Out: A crew of cyber thieves in New York has been indicted on federal charges that they were part of what may be the world’s biggest bank heist. The thieves used computers to steal bank information then forged bankcards to collect a total of $45 million from thousands of ATM machines around the world. “Cashing crews” with coded cards drained ATMs of money they then stuffed into backpacks. In February the New York crew hit 2,904 ATMs in one day netting $2.4 million. That same day similar crews around the globe grossed $40 million. The indictment names eight people, including the suspected NY ringleader who was found dead in the Dominican Republic late last month.
World: A woman was saved after spending 17 days trapped in the basement of the collapsed Bangladesh garment factory. Workers were clearing rubble when they saw a pipe being moved by the woman below. The death toll is 1,021.
Cleveland: Prosecutors are considering murder charges against Ariel Castro. One of the women he imprisoned in his home for ten years told investigators she became pregnant five times, and each time was starved and beaten until she lost the baby.
National: A 72-foot America’s Cup catamaran capsized on San Francisco Bay, trapping and drowning a British sailor on board. Andrew Simpson, 36, who in 2008 won an Olympic gold medal for sailing, was acting as strategist for the Swedish boat Artemis.
- Mass. Sen. Elizabeth Warren, who sharpens her teeth on bankers, has proposed that student loans should pay the same interest rate as big banks. Right now banks pay .75%, and by July 1 students will pay 6.8%.
Obit Page: Al Fritz, the Scwhinn executive who developed the Sting-Ray bicycle, has died at 88. The Sting-Ray with its low-slung frame, banana-curved seat and high handlebars was a phenomenon in the 60s and 70s.
MyNeezHrt: The FAA announced plans to help provide faster WiFi service on commercial airliners. Your Email will fly in comfort but there still won’t be room for your knees.
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