The pirate attacks around the Horn of Africa shouldn't be a problem any more. France came up with a plan: France unveils anti-piracy plan Net firms will monitor what their customers are doing and pass on information about persistent pirates to the new independent body. http://news.bbc.co.uk/2/hi/technology/7110024.stm That will teach them! Now, if only France could solve a few of the other problems that burden humanity.   Seriously, I am wondering if western ...

Over the last few weeks several banks and other financial institutions have collapsed, leaving lots of savers and investors with gigantic losses. I keep wondering (and maybe I am just overlooking something)... Given that those banks and other institutions managed both savings and loans, isn't it odd that savings are LOST when a bank collapses but LOANS still have to be repaid?