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May 6, 2012


  • SPRINGHILL GROUP FLORIDA GROUPDOC-- A certain “Sehwan Jung” in South Korea hasbeen sending a number of desperate requests Group of Springhill South Korea - “Nowfor funds over Twitter: “I am in urgent need of this one is a real winner,” says Dan Ring, amoney. Can you lend me 500,000 dollars?I will spokesperson for Boston-based datamake it up to you later.” A diabolical plot, protection company Sophos. “Sehwanindeed, though Mr. Jung’s scam is unlikely to Jung’s list of celebrities is almost aswork. For one, people can see everything entertaining and as random as his actualsomeone sends on Twitter and quickly realize request, and it’s one of the morehe’s sent the exact same message over andover. For another, he is tweeting almost optimistic requests out there. I hopeexclusively to celebrities, including Channing there’s no way someone will fall for this.”Tatum, Rosario Dawson, Carly Simon,journalist Nicholas Kristof (who todaysarcastically answered, “Sure!&rdquo, and the foreignminister of Bahrain, Sheikh Khalid bin AhmedAl Khalifa.
  • 3. The “Sehwan gambit” joins the • This scammer doesn’t even attempt tofollowing examples as one of the laziest establish a personal connection beforescams in Internet history. offering $18 million:  Beloved,• “JOHN” fails to mention what he I am Elizabeth Etters, a Christian.Ieven wants to con you out of: picked your email randomly for anSubject: what are you sale inheritance of $18M. Please contact meGreetings,My name is JOHN, i am for more details via [redacted].highly interested in buying your{ what  you want to sale } from you ,I will like • One malware attack came in the formyou to give me the FINAL ASKING of a bogus Christmas card—sent onprice and the lastes condition,also i will March 19:like you to scan the pics for me for Date: 2010-03-19 09:27:15proper verifycation. “You have just received a Christmas greeting card! To see your custom card and who sent it, please check the attachment.”
  • 4. • In this excerpt, one “Professor • African prince scams are soFarnsworth” selects you to survive tired. This reward is allegedlya man-made black hole: offered by England’s royal family:“… The truth is that this 250,000.00 Pounds has beenexperiment that CERN are awarded to you From the Queenconducting is extremely dangerous, Elizabeth’s Foundation ,send usand could cause global disaster. your:-This experiment has a 95% of Names___causing a black hole, thus Address___swallowing a large area of the Tel____planet. The scientists do not want Country__you to know this as they know itwill cause panic. However, I canhelp you.I am arranging for a number ofselected people to be evacuated toa safe location on an island in theSouth Pacific via aeroplane. Youhave been selected from randomto take part in this evacuation, thuscontinuing the survival of thehuman race 
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Posted: May 6, 2012 7:45pm
May 6, 2012

 GROUP OF SPRINGHILL SOUTH KOREA – 26TH APRIL 2012 – CLUBCALL - Exeter Chiefs boss Rob Baxter was delighted with the capture of Wallabies star Dean Mumm who has penned a two-year deal at the club.

The south west outfit announced the signing on Monday, with the 28-year-old set to move to the English top flight from New South Wales Waratahs after the conclusion of the current Super 15 season. The 27-year-old made his Waratahs' debut back in 2004 and has won more than 30 caps for the Australia national side. He can also operate at flanker but prefers to do his work in the boiler room, and Baxter feels he has everything required to be a massive part of the club's future over the next couple of seasons. "He's a very good signing for us and a very good player," he told reporters. "He is a back five forward coming into his physical prime.
"We've looked at lot at him and we believe he has got a lot of ingredients that we want him to bring to the club." Exeter finished eight in their debut season in the Premiership but are currently fifth in the standings this season with just one regular-season game to go. Victory over Northampton at the weekend would have guaranteed them a play-off berth but the 18-15 defeat means they must now win at Saracens to have any chance of making the top four.
Despite the disappointment, Baxter feels that it is testament to how far the club has come that top players now want to come and ply their trade in Devon. "Personally, I think it's a great credit to what the players have achieved this season, and where we are as a club right now, that a guy of that standing wants to come and play his rugby here in Exeter," he added.
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Posted: May 6, 2012 7:30pm
May 2, 2012


It was Friday night, May 22, 2009, and one of New York City’s most storied music venues, the Fillmore at Irving Plaza, was sold out. The line stretched all the way down Irving Place, turned the corner onto East 16th, and kept going. People had come from as far away as Michigan, Toronto, and Ohio, but they weren’t lined up for the latest indie darlings or house music sensation. They’d come to see an improbably successful Korean trio named Epik High, which as far as anyone could tell was the first Korean hip hop act to attract a mainstream American audience.

The group was headed by a skinny 28-year-old named Dan Lee, and when he danced onto the stage that night the audience started dancing with him. Lee—whose nom de rap is Tablo—had a puckish charm, a sly grin, and a reputation as a genius. In South Korea, Lee was already a superstar. He had released four number one albums with Epik High and published a best-selling collection of short stories in both English and Korean. Talk show hosts almost always found a way to mention that he graduated from Stanford in three and a half years with both a bachelor’s and master’s degree in English. Though that would probably count against a rapper in the US, back home he was lionized as a symbol of success.

Now the group was building a fan base in the States. In addition to its New York show, Epik High had sold out major venues in San Francisco and Los Angeles. The crossover success was visible on iTunes, where the trio was soaring up the hip hop charts and would soon hit number one in the US, topping Kanye West and Jay-Z.

But then, at the height of the group’s fame, the comments sections of articles about Epik High started filling up with anonymous messages accusing Lee of lying about his Stanford diploma. In May 2010 an antifan club formed and quickly attracted tens of thousands of members who accused him of stealing someone’s identity, dodging the draft, and faking passports, diplomas, and transcripts. The accusations were accompanied by supposed evidence supplied by the online masses, who also produced slick YouTube attack videos. It was a full-fledged backlash.

By that summer, Lee’s alleged fraud had become one of Korea’s top news items. Death threats streamed in, and Lee found himself accosted by angry people on the street. Since his face was so recognizable, he became a virtual prisoner in his Seoul apartment. In a matter of weeks, he went from being one of the most beloved figures in the country to one of the most reviled.

But in fact Lee had not lied about his academic record. He actually did graduate from Stanford in three and a half years with two degrees. His GPA had been in the top 15 percent of his undergraduate class. The evidence marshaled against him was false. It was an online witch hunt, and last spring I set out to discover why it happened.

I first heard about Lee when editors at Stanford Magazine, a publication of the Stanford Alumni Association, called to tell me about the rapper’s plight. The university’s administration and the alumni association had tried their best to defend him, seemingly with little success. The editors asked if I would write an article about the controversy, and I agreed to. (I attended Stanford as an undergrad.)

I started by tracking down Lee’s classmates and spoke with four who lived in the San Francisco Bay Area. They felt terrible about what had happened to their friend. He was smart, they all agreed, but what set him apart was his dedication to music. He could have taken a more traditional path after graduation—law school or consulting—but instead he chose to return to Korea to start a hip hop group. “It was a risky career choice,” says Conrad Lo, a former dorm-mate and now a product manager at Google. “Koreans didn’t even like hip hop back then.”

Sure enough, Lee struggled when he first returned to Korea. Epik High released two albums to little fanfare. Lee titled the third album Swan Songs, on the assumption that he’d have to get a real job after it failed. Instead the 2005 release was a hit and helped introduce Korean audiences to hip hop. It also turned Lee into a celebrity, and his star power only grew over the next five years.

The campaign against him took off on May 11, 2010, when someone formed an online forum titled TaJinYo, an abbreviation in Korean for the phrase “Tell the truth, Tablo.” The leader of the forum identified himself as Whatbecomes, indicated that he lived in the US, and explained that he was contacting news organizations in Korea and the States to inform them that Lee was a liar. Chief among the accusations was that Lee had fabricated his Stanford credentials.

Diploma falsification had been a sensitive topic in Korea for some time. In 2007 the chief curator of a modern art museum in Seoul was found to have fabricated a Yale PhD and was jailed for 18 months on forgery charges. The scandal prompted prosecutors to investigate at least 120 cases of diploma fraud, ensnaring celebrities, soldiers, and even a monk. “There are definitely more people out there,” one of the prosecutors told Bloomberg News. “We just can’t spot them.”

In that environment, the accusations against Lee seemed plausible. After all, it usually takes four years to complete a bachelor’s degree. A master’s normally takes another year or two. Lee had done it all in less than four. Students also typically write a thesis to attain a master’s, and yet Lee admitted that he never wrote one. (His program didn’t require a thesis.)

After entertainment gossip sites wrote about the anti-Lee site, TaJinYo’s membership swelled to more than 100,000. Not content to wait for more allegations to emerge, many forum members launched their own investigations into Lee’s past. Soon, in a birtherlike onslaught, Stanford professors and administrators were flooded with emails from people questioning Lee’s educational background. Thomas Black, the Stanford registrar, received 133 emails on the subject. Everybody wanted to know one thing: Was Lee telling the truth?

Forum members seemed to relish the digital inquisition. “We call this game <Tablo Online>,” wrote one heckler, who referred to himself as a Tablo Online player, as if it were a casual pastime to be enjoyed during work breaks. Whatbecomes expertly fanned the flames, threatening to reveal dark secrets about Lee and promising to unveil them slowly for maximum dramatic effect. It was, he said, “more fun that way.”

Whatbecomes began hinting at a broader conspiracy: The media was colluding to protect Lee, because he was part of Korea’s upper crust. But the average citizen could fight back. “By proving Tablo’s fraud this time, the deep-rooted symbiotic relationship [between the media and the rich] can be cut off,” he wrote.


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Posted: May 2, 2012 7:07pm
Apr 17, 2012

  • Mar. 8th, 2012 at 10:53 AM
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Posted: Apr 17, 2012 12:13am
Apr 17, 2012

One of the first lessons bankers absorb in their training is the importance of timing.

In fact, it starts even earlier than that, with the most fundamental calculations taught in business school around the world: the time value of money.

Put simply, a dollar today is worth more than a dollar tomorrow.

So when someone is more concerned about *when* they are paid than *what* they paid, they're not in the best position to cut a deal.

It's easy to get the sense that this is weighing on the minds of those tasked with the titanic (if not impossible) task of recouping the £45.5bn her Majesty's Treasury decided to "invest" in RBS as it teetered on the brink of collapse at the peak of the 2008 credit crisis.

On the one hand, UK Financial Investments Ltd (UKFI), which manages the government's myriad banking stakes, probably doesn't want to hold onto "zombie" RBS shares in perpetuity. On the other, if it dumps the husk of the government's 82 PERCENT stake now, it's unlikely to come within a Parliamentary mile of the £45.5bn chalice.

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But even considering that sympathetic view, it's still incredibly difficult to understand the logic behind the leak that gave us today's RBS headlines (and make no mistake: it was a leak and Auntie's journalists are usually the preferred source to float such stories into the news cycle).

RBS shares have been stuck in a 26p/28p per share rut since February, its Coutts & Co. subsidiary was only yesterday fined £8.75m for "serious" and "systemic" lapses in money laundering controls and weeks-long talks to sell its Asia-Pacific businesses to Malaysia's CIMB Group have yielded nothing.

It's not like the overall market conditions for investment banks have improved of late, either. Eurozone data suggests the region is alarmingly close to slipping back into recession and the UK looks mired in a flat-growth strategy as Chancellor George Osborne focuses on debt and deficit reduction.

So why now?

The story has driven some strong traffic in RBS shares, with volumes Tuesday close to the 90-day average, according to Reuters, but the news agency also reported that talks with the presumptive buyer - member of the Abu Dhabi Royal Family - have been months in the making and haven't advanced to any significant degree.

And let's not forget that it was only a month ago that CEO Stephen Hester told the BBC's "Andrew Marr" programme that it would take "quite a few years" to exit the government's stake and that opportunities to sell would come "in good time".

It's hard to imagine that "good time" has arrived.

Perhaps the leak was a calculated effort to gauge market reaction or to tease out any potential rival bidders? In either event, it's unlikely to impress the Abu Dhabi contingent, or their savvy advisor, Amanda Staveley, who's PCP Capital Partners has helped steer some of their money into Barclays and Manchester City Football Club.

In fact, efforts to "pump" the price of RBS shares in the middle of negotiations with the Abu Dhabi royals is a tactic best described as more boiler-room than drawing-room.

Malaysia's CIMB Group can't be terribly pleased with the developments, either, and may likely demand more surgery -beyond the closures of units in South Korea and Indonesia - on the Asia-Pacific assets as a result.

And unless the leak ignites a longer-term improvement in RBS shares, it won't keep the fickle attention of market participants, either. They've had more than a year to assess the value of the bank under the stewardship of Stephen Hester, and they seemed, until today, comfortable with a 27p share price.

Timing is everything. And in this case, it seems, if the timing turns out to be wrong, the government will find itself more in the "when am I paid" not the "what am I paid" side of the RBS trade.

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Posted: Apr 17, 2012 12:02am


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Donny Finley
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