Ex-Goldman exec's 2-year sentence draws scrutiny

Former Goldman Sachs and Procter & Gamble Co. board member Rajat Gupta, center, arrives outside federal court in New York Wednesday, Oct. 24, 2012. Gupta is to be sentenced after being found guilty insider trading by passing secrets between March 2007 and January 2009 to a billionaire hedge fund founder who used the information to make millions of dollars. At right is Gupta's attorney Gary Naftalis. (AP Photo/Craig Ruttle)

Former Goldman Sachs and Procter & Gamble Co. board member Rajat Gupta, center, arrives outside federal court in New York Wednesday, Oct. 24, 2012. Gupta is to be sentenced after being found guilty insider trading by passing secrets between March 2007 and January 2009 to a billionaire hedge fund founder who used the information to make millions of dollars. At right is Gupta's attorney Gary Naftalis. (AP Photo/Craig Ruttle)

Former Goldman Sachs and Procter & Gamble Co. board member Rajat Gupta, center, arrives at court in New York Wednesday, Oct. 24, 2012. Gupta is to be sentenced after being found guilty insider trading by passing secrets between March 2007 and January 2009 to a billionaire hedge fund founder who used the information to make millions of dollars. At right is Gupta's attorney Gary Naftalis. (AP Photo/Craig Ruttle)

Former Goldman Sachs and Procter & Gamble Co. board member Rajat Gupta, center, arrives outside court in New York Wednesday, Oct. 24, 2012. Gupta is to be sentenced after being found guilty insider trading by passing secrets between March 2007 and January 2009 to a billionaire hedge fund founder who used the information to make millions of dollars. At right is Gupta's attorney Gary Naftalis. (AP Photo/Craig Ruttle)

Former Goldman Sachs and Procter & Gamble Co. board member Rajat Gupta, right, arrives at court in New York Wednesday, Oct. 24, 2012. Gupta is to be sentenced after being found guilty insider trading by passing secrets between March 2007 and January 2009 to a billionaire hedge fund founder who used the information to make millions of dollars. At left is Gupta's attorney Gary Naftalis. (AP Photo/Craig Ruttle)

Former Goldman Sachs and Procter & Gamble Co. board member Rajat Gupta, left, arrives outside federal court in New York Wednesday, Oct. 24, 2012. Gupta is to be sentenced after being found guilty insider trading by passing secrets between March 2007 and January 2009 to a billionaire hedge fund founder who used the information to make millions of dollars. At right is Gupta's attorney Gary Naftalis. (AP Photo/Craig Ruttle)

(AP) ? A two-year prison sentence for insider trading at the height of the 2008 economic crisis, by a man who was once one of the nation's most respected business executives, is a fifth of the 10 years requested by the government and well below sentencing guidelines. Now, some experts are questioning whether it's a fair punishment.

Judge Jed Rakoff described the sentence and $5 million fine given to former Goldman Sachs and Procter & Gamble Co. board member Rajat Gupta, 63, on Wednesday as sufficient to deter others and properly punish the Westport, Conn., resident.

"At the same time, no one really knows how much jail time is necessary to materially deter insider trading; but common sense suggests that most business executives fear even a modest prison term to a degree that more hardened types might not. Thus, a relatively modest prison term should be 'sufficient, but not more than necessary,' for this purpose," Rakoff said.

Some legal observers did not agree.

Chicago attorney Andrew Stoltmann said the sentence should have been closer to the 10 years prosecutors had recommended because Gupta's crimes were more serious than those committed by Raj Rajaratnam, the billionaire hedge fund founder he tipped off. Rajaratnam is serving 11 years in prison.

"Gupta intentionally betrayed his duties to Goldman Sachs as a director of the company, refused to take responsibility for his actions and put the government through a long and exhaustive trial costing taxpayers millions," Stoltmann said. "Judge Rakoff should have thrown the proverbial book at Gupta and sentenced him to the higher range of the 97 to 121 months prosecutors were requesting."

Thomas Gorman, a former senior counsel in the division of enforcement at the Securities and Exchange Commission, said the sentence was "not harsh" when compared to others in the case who received sentences in the range of three to four years.

"At the same time Mr. Gupta did not trade and did not make money. Rather his motive was friendship. Here the fall from grace for him will be much harder than for most given his stature in the community. That may well be the worst punishment," Gorman said.

Rakoff criticized sentencing guidelines that he said called for Gupta to serve at least 6? years behind bars.

Citing information he received under seal, Rakoff said Gupta's crimes may have occurred because Gupta may have "longed to escape the straightjacket of overwhelming responsibility, and had begun to loosen his self-restraint in ways that clouded his judgment."

The Harvard-educated businessman long respected on Wall Street was one of the biggest catches yet for the federal government in its five-year crackdown on insider trading that has so far resulted in 69 convictions.

Gupta was ordered to report to prison on Jan. 8.

Reading from a statement, he said: "The last 18 months have been the most challenging period of my life since I lost my parents as a teenager.

"I regret terribly the impact of this matter on my family, my friends and the institutions that are dear to me. I've lost my reputation I built for a lifetime. The verdict was devastating."

Prosecutors said Gupta hurried to telephone Rajaratnam with stock tips sometimes only minutes after getting them from board conference calls, helping Rajaratnam make more than $11 million in illegal profits for him and his investors.

The narrower insider trading case against Rajaratnam and his co-conspirators resulted in 26 convictions and was described by U.S. Attorney Preet Bharara as the biggest insider trading case in history, successful in part because of unprecedented use of wiretaps more familiar to juries at mob and drug trials.

Prosecutors say Rajaratnam earned up to $75 million illegally through his trades while Gupta's attorneys point out that their client earned no profits.

At trial, Gupta was convicted of three counts of securities fraud and one count of conspiracy, insider trading charges that prosecutors said should result in a prison sentence of up to 10 years in prison.

Rejecting defense arguments that a community service sentence would be sufficient, Rakoff said a prison sentence was necessary to send a message to insider traders that "when you get caught, you will go to jail."

"While no defendant should be made a martyr to public passion, meaningful punishment is still necessary to reaffirm society's deep-seated need to see justice triumphant," the judge said. "No sentence of probation, or anything close to it, could serve this purpose."

Defense attorney Gary Naftalis promised to appeal, saying his client had suffered a fall "of Greek tragedy proportions."

Prosecutors accused Gupta, a former chief of the global consulting firm McKinsey & Co. and a onetime director of the huge consumer products company Procter & Gamble, of "above-the-law arrogance" in feeding Rajaratnam inside tips between March 2007 and January 2009.

Goldman Sachs chairman Lloyd Blankfein testified at trial that Gupta appeared to have violated the investment bank's confidentiality policies.

Naftalis told the judge that Gupta had "one of the best reputations on the planet. His loss of reputation is severely strong punishment."

He urged Gupta, who was born in Kolkata, India, be ordered in lieu of prison to work with the Rwandan government in rural areas to fight HIV, malaria and extreme poverty or focus on developing new initiatives in India that would address accelerating migration to India's cities. More than 400 letters written to the judge on Gupta's behalf included documents signed by Microsoft co-founder Bill Gates and former United Nations Secretary-General Kofi Annan.

Rakoff said he could not spare Gupta from prison and only order him to perform community service. "It's not a punishment. It's what he finds satisfaction doing," the judge said.

At Gupta's trial, which began in May, the government highlighted a Sept. 23, 2008, phone call it said was made from Gupta to Rajaratnam only minutes after Gupta had learned during a confidential conference call about Warren Buffett's planned investment through Berkshire Hathaway of $5 billion in Goldman.

Moments after the phone call ended at 3:55 p.m., Rajaratnam purchased $40 million in Goldman stock ? an 11th hour trade that ended up making him nearly $1 million ? at the height of the financial crisis that had engulfed the country.

The judge at sentencing called that phone call "the functional equivalent of stabbing Goldman in the back."

In his attack on federal sentencing guidelines that are meant to be advisory, Rakoff said "mechanical adding-up of a small set of numbers artificially assigned to a few arbitrarily-selected variables wars with common sense."

He added: "Whereas apples and oranges may have but a few salient qualities, human beings in their interactions with society are too complicated to be treated like commodities, and the attempt to do so can only lead to bizarre results."

___

Associated Press Writer Tom Hays contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-10-25-Hedge%20Fund-Insider%20Trading/id-28205470f32a4bee96af2bea30a0d228

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Crock Pot Pumpkin Bisque w/ Gingerbread Croutons & Cinnamon ...

:)

Can I please just tell you?this soup is the absolute best mid-week pick me up a girl could ever ask for!

Not only is it a cinch to make, but it also tastes velvety and rich, which is nutso considering it?s made with minimal ingredients and is practically ready and waiting for you when you get home from work slash school slash gym slash fill-in-the-blank-here.

And the gingerbread croutons?!?

They absolutely take this soup from being pretty delicious to being oh-my-gah-I-gotta-have-100-million-more-bowls-of-this-or-I-am-just-gonna-die-from-lack-of-nutrition-because-I-don?t-wanna-eat-anything-else.

Here?s the thing with this soup though?you are going to have to adjust the seasonings to how you and your family like their pumpkin flavored foods.

Now, me? I have a crazy sweet tooth, in fact, ALL of my teeth are sweet so I tend to be a little heavy handed with my natural sweeteners?especially when it comes to pumpkin.

Now, the hubs? He likes things not so sweet, and he said he didn?t think it needed anything added to it (smart man).

Plus, since moving to NC I have to be respectful of the dietary restrictions of some of my test subjects, so I made sure to have a way to compromise so we could all enjoy the soup the way we like to have things.

So, after the four hours of cooking (or 6 if you wanna test that out), this soup isn?t super, duper sweet?SO.TASTE.IT.

If you like to have things a bit on the sweeter side, add in a touch of a?sweetener?of your choice (i.e. brown sugar, agave, maple syrup, etc) OR?add in a couple of heavy pinches of the left over gingerbread spice mixture OR?if you don?t want to add any pure sugar, try adding a handful or two of baby carrots to the pot when you are adding all of the other ingredients! If you do add carrots, just be sure to puree the soup with an immersion blender or in your blender &/or food processor before serving up so the soup will remain nice and silky.

Still not sweet enough? Try all three!

Once you?ve got your sweetness level just right, top it with the cinnamon cream and possibly a bit of fresh basil or sage and VOILA! You?ve got an incredibly easy and killer supper that your entire family will enjoy.

Getting to know you?

Have you ever made bisque before?

What?s your favorite soup?

Do you have any dietary restrictions??

Crock Pot Pumpkin Bisque w/ Gingerbread Croutons & Cinnamon Cream

Ingredients

  • 1/4 cup plain nonfat greek yogurt (or vanilla!)
  • 2 tablespoons unsweetened vanilla almond milk
  • tiny pinch salt
  • 1/4 teaspoon ground cinnamon
  • 1 1/2 15 oz. can all-natural pumpkin puree
  • 1 can Lite Coconut Milk (13.66 ounces)
  • 3fl oz chicken or vegetable stock
  • 1 cup all natural, unsweetened applesauce
  • 1/4 teaspoon ground ginger powder
  • 1/4 teaspoon freshly grated nutmeg
  • tiny pinch ground cloves
  • 1/2 teaspoon salt
  • A couple cranks of freshly ground black pepper
  • 1 whole cinnamon stick
  • 1 large bay leaf
  • 1 medium sweet onion (peeled & quartered)
  • 2 small whole garlic cloves (peeled)
  • 1/2 cup unsweetened vanilla almond milk
  • 2 tablespoons sweet cream butter
  • 6oz of a small honey brown bread loaf cut into cubes (This is like the bread at Outback! I found this in the bakery section of Food Lion. Sub with Pumpernickel if you can't find it. )
  • 2 tablespoons granulated sugar (or stevia to keep it sugar free)
  • 1 teaspoon ground cinnamon
  • 1 teaspoon ground ginger
  • 1/2 teaspoon freshly grated nutmeg
  • tiny pinch ground cloves
  • 2 tablespoons extra virgin olive oil
  • Chopped fresh sage &/or fresh basil (for garnish)

Note

*WWpts= 6 pts per serving*

*WWpts+= 8 pts per serving*

Directions

Step 1
In a small bowl, stir together yogurt, 2 tbsp almond milk, tiny pinch of salt, & 1/4 tsp ground cinnamon until well incorporated. Cover with plastic wrap and refrigerate until the bisque is ready to serve.
Step 2
Add pumpkin, coconut milk, stock, applesauce, 1/4 tsp ginger, 1/4 tsp nutmeg, tiny pinch of cloves, and salt and pepper to your crock pot and whisk until well blended. Drop in the cinnamon stick, quartered onion, garlic cloves, and bay leaf and cook on high for 4 hours. Once the soup has cooked for the desired time, scoop out the cinnamon stick, bay leaf, onions, and garlic with a slotted spoon, then stir in the 1/2 cup of almond milk & the butter until melted. Add more salt & pepper if needed. NOTE: I'M ALSO PRETTY SURE YOU COULD COOK THIS ON LOW FOR 6 HRS AND BE FINE, BUT I DIDN'T TEST THIS WAY SO DON'T HOLD ME TO IT!
Step 3
Right before you're ready to serve the bisque, preheat oven to 400 degrees (F) and combine the 2 tbsp sugar, 1 tsp cinnamon, 1 tsp ginger, 1/2 tsp nutmeg, & pinch of cloves in a small bowl and stir.
Step 4
Put the bread cubes onto a baking sheet lined with parchment or tin foil, drizzle on the olive oil, add a few heavy pinches of the spice mixture and toss, making sure each cube is heavily coated in the spices. Bake for 7-10 minutes or until crispy in texture, making sure to stir once during cooking. NOTE: DON'T USE ALL OF THE SPICE MIXTURE FOR THE BREAD CUBES! YOU MAY WANT TO ADD A BIT TO THE BISQUE IF YOU LIKE YOUR SOUP TO BE SWEETER!
Step 5
Ladle soup into bowls, add a few swirls of cinnamon cream, some chopped fresh sage &/or basil, and top with gingerbread croutons. Add a couple pinches of the spice mixture to the soup for a touch of sweetness and an added pop of flavor.
Step 6
Enjoy!

Nutrition Facts

Serving Size 1 bowl w/ croutons & cream

Servings Per Container 6


Amount Per Serving

Calories 294 Calories from Fat 126

% Daily Value*

Total Fat 14 g 22%

Saturated Fat g 0%

Trans Fat g

Cholesterol mg 0%

Sodium mg 0%

Total Carbohydrate 36g 12%

Dietary Fiber 5g 20%

Sugars 15g

Protein 7g 14%


*Percent Daily Values are based on a 2,000 calorie diet. Your daily values may be higher or lower depending on your calorie needs.

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Source: http://slimpickinskitchen.com/2012/10/crock-pot-pumpkin-bisque-w-gingerbread-croutons-cinnamon-cream/

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Tuition Exemptions for Veterans Under the Microscope | Education ...

Proposed changes to the state policy that waives tuition and most fees for veterans and members of their families are on a list of legislative recommendations up for final approval by the Texas Higher Education Coordinating Board on Thursday.

The policy has been a hot topic of internal discussion at universities around the state, which are increasingly under financial strain as the state broadens the pool of individuals eligible to have their tuition waived under what is known as the Hazlewood Act, which grants the exemption for veterans, and the Hazlewood Legacy Act, which allows veterans to transfer their exempted credit hours ??up to 150 ? to their dependents.

The amount of forgone tuition and fee revenue has increased dramatically since the 2009 passage of the Legacy Act by state Sen. Leticia Van de Putte, D-San Antonio. No state money was appropriated to cover the cost of educating the students, which is subsequently eaten by the institutions ? and some worry that the bite out of college and university budgets is getting to be too big.

In the last three years, the number of people receiving some form of Hazlewood exemption has ballooned by 129 percent.? Institutions had to forgo $24 million in tuition and fees in fiscal year 2009, but by fiscal year 2011, the total statewide had grown to $72 million.

Kelly Davis, vice president for business affairs and controller at the University of Texas at Arlington ? where total exemptions jumped from $3.5 million to $5.2 million in the last year?? said it was creating a difficult dilemma.

?We all support veterans and veterans? benefits, so it?s not the idea that we don?t support the exemption. It?s just that we need some relief helping us cover that lost revenue in light of state budget cuts,? she said, noting that UT-Arlington declined to increase tuition this year.

The coordinating board is expected to recommend creating a pool of state money to reimburse institutions for at least some of the program costs. The total amount would be determined by the legislators and distributed according to the costs at each institution.

Dominic Chavez, a spokesman for the coordinating board, said the proposal might be a long shot in a session during which the board is otherwise not anticipating any funding increases, but it signals that the board is aware of the issue.

Some other recommendations could have the potential to actually further expand the pool of individuals eligible for exemptions.

Already, as University of Houston bursar Gene Gillis said, ?The potential is really huge. I only see the number growing. It?s definitely not going to get smaller.?

Recommendations that the board is set to consider would encourage lawmakers to clarify that there is no age limit for actual veterans who want to avail themselves of the opportunity ? only their children must be under 25 ? and that family members of fallen soldiers are still be eligible for the program. Veterans currently living out of state would also be able to take advantage of the program.

Chavez said the effects of the proposed changes are currently unknown. ?It?s in the eye of the beholder,? he said, noting that a significant change is making sure all veterans and their families are receiving the benefits to which they?re entitled. ?But on paper, it will look like an expansion.?

Universities may not object to such a proposal in principle, but what it means to their budgets in practice may cause concern. ?There is nobility in extending this, not only to the military personnel and veterans, but to their children,? said Matt Flores, a spokesman at Texas State University, where veteran exemptions under Hazlewood last year totaled $3.2 million and Legacy exemptions totaled $6.4 million. ?But if the burden falls on the universities themselves to shoulder the cost, especially at the rate students are coming into the universities, it becomes problematic.?

Universities must be careful about how they discuss the program and any potential expansion ? particularly that word ?burden.?

In the spring, R. Bowen Loftin, the president of Texas A&M University, which granted more than $9 million in total exemptions last year, apparently used the ?B? word in reference to the program in an interview with the Bryan College-Station Eagle. In an editorial that ran across the state, Van de Putte said the lack of funding for Hazlewood is not the problem, rather that broader cuts to higher education are at fault. ?If there?s blame, let?s put it where it belongs ? with the members of the Legislature who have refused to invest in higher education, including that of children whose fathers and mothers have given so much for us,? she wrote.

She also noted the generous salaries of the state?s leading college sports teams, writing, ?Now, I?m a die-hard sports fan. And yeah, I know ? those athletic programs have their own budgets and don?t use taxpayer dollars. But with that kind of money in school coffers,

Tuition Exemptions for Veterans Under the Microscope ? Higher education | The Texas Tribune.

Related posts:

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  3. How Does Tuition Compare at Texas Public Universities? ? by Reeve Hamilton ? The cost of college in...
  4. Student veterans at risk of suicide? At a time when college administrators are seeing higher veteran...
  5. ?Everyone a winner? in tuition deal: Charest MONTREAL ? Both sides in the tuition crisis were able...
  6. Texas? prepaid tuition program could go broke by 2014 without legislative fix Texas lawmakers adjourned without fixing the state?s prepaid college tuition...
  7. With boom of student veterans, colleges race to provide services ? ? Matt King brushed sand off the pages of...
  8. Stanford raises tuition 3% for 2012-13 Don?t bother checking your new 2012 college guide for what...
  9. MSU, WSU could lose funding over tuition hikes More than $30 million in state funding could be in...
  10. Charter-schools exemptions: Regular public schools want same exemptions as Florida?s charters ? ? School-district officials across Central Florida and the state...

About or from a variety of publications on EducationViews.org

?The quality and variety of the selections you will find on EducationViews.org is second-to-none on the internet today. Since 1997 we have been providing this service at no cost to education professionals, the public in general and policy makers. Hope you enjoy the articles and commentary. Please forward us to your friends and associates. EducationViews.org is maybe the most effective way to transforming educators. The daily email offers a direct and easy way for busy teachers to grow philosophically. I was skeptical, but once you open the email and decide to read a story, you are hooked and it becomes a daily ritual to check out what?s happening. Educating teachers as to what is really going on in the schools opens up a new worldview and vision of thinking most have not been exposed to. The end result, better informed teachers who have a more effective understanding of the principles that make academic achievement a reality. Great job. The more email addresses of educators you get on your list, the bigger the impact and the more kids you will positively influence.

Source: http://educationviews.org/tuition-exemptions-for-veterans-under-the-microscope/

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Boeing missile takes out electronics without touching them

22 hrs.

A new weapon being developed by Boeing hopes to defeat targets without actually destroying them. Instead, it uses a powerful microwave burst to disable electronic devices as it flies overhead.

The idea of the "electro-magnetic pulse," or EMP, is a popular one in science fiction: for decades, guns and missiles have disabled starships and facilities by shutting down their electronics ? but the real thing has proven a bit more difficult to create.

Researchers at Boeing's Phantom Works succeeded last week when tests of their new weapon proved it to be even more potent than expected. They call it the Counter-electronics High-powered Advanced Missile Project, or CHAMP.

The tests in Utah had the missile buzzing test structures full of electronics and cameras. The idea is that targeting these buildings with an intense burst of microwave radiation would knock out any electronically-controlled systems within.

And that's what happened ? in spades. The CHAMP worked so well that even the cameras set up to record the effects inside the buildings were shut down. Such a weapon would be invaluable against enemy infrastructure like radar and missile launch sites.

How long the electronics are disrupted for would vary widely depending on how the electronics work and?how hard they were hit. The monitors shown in the video at Boeing's announcement of the tests only shut down for a few seconds, but something more complex, like?an interdependent network of computers and power sources, could be taken offline for much longer or even disabled completely.

Either way, the CHAMP was demonstrated successfully, and it will be a very useful tool when ordinary munitions are too risky to employ. The research was conducted in partnership with the U.S.?Air Force Research Laboratory and Raytheon Ktech.

Devin Coldewey is a contributing writer for NBC?News Digital. His personal website is?coldewey.cc.

Source: http://www.nbcnews.com/technology/futureoftech/boeings-new-missile-takes-down-electronics-without-touching-them-1C6663618

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5 Bizarre Business Decisions Social Media Could Have Prevented ...

These days it?s difficult to imagine the business world without its obligatory Facebook and Twitter pages; almost every company has them as they help one-to-one customer support and other business decisions. Decades ago, however, industry moguls weren?t in the same position. Connecting with the public was difficult and often not even attempted; as a consequence some businesses suffered greatly due to a lack of communication. Here we take a look at half a dozen examples of such bad decisions, and what could have happened had social media been around.

The Coca Cola Re-Brand

11 300x487 5 Bizarre Business Decisions Social Media Could Have PreventedIn April of 1985 one of the biggest brands in the world made an almost catastrophic blunder. The decision was made to tamper with the famous recipe following the continued success of rival Pepsi?s marketing plan ?The Pepsi Challenge?, which showing alarming signs the public preferred the taste to Coca Cola. Paranoid Chief Executive Roberto Goizueta launched New Coke in an attempt to win over old and new customers alike. This didn?t go to plan.

After three months of boycotting, hostility and general vitriol from customers, the company?s head executives re-released the original version as Coke Classic. To their bemusement this went on to outsell every other drink on the market!

The Solution: It seems, at the time, customers may have preferred the taste of Pepsi, but their loyalty lay with Coca Cola. A simple Twitter campaign could have solved this! ?Remember why you love @CocaCola!? would send the customers hurtling to the shops. Or the soft-drinks giant could simply ask its millions of followers if they would like a new taste range.

Atari?s E.T. Disaster

21 300x201 5 Bizarre Business Decisions Social Media Could Have PreventedIn 1982 Steven Spielberg?s film E.T proved a huge success; inevitably, spin-offs began in numerous industries. The burgeoning video games industry wanted in on this, so market leader Atari created an adaptation for their Atari 2600.

The game was rushed through production in five weeks. Meantime, anticipating vast Christmas sales, Atari ordered over four million cartridges to be produced. On its release the game performed well on a commercial level, but was critically maligned, and once customers realised just how awful the game was they sent their copies back in disgust.

With millions of E.T. cartridges finding their way back home to Atari?s headquarters, the dismayed company took the extreme measure of burying them all in the Alamogordo, New Mexico landfill! The failure of E.T. is attributed to their eventual downfall in the videogame market.

The Solution: A number of simple activities could have saved this disaster, but when the worst came to the worst Atari could have avoided the need to use a landfill. Tweets, and a vigorous Facebook campaign, would have informed customers to dispose of the cartridges sustainably to save public face.

Donkey Kong VS King Kong

31 300x411 5 Bizarre Business Decisions Social Media Could Have PreventedIn 1982 the growing success of video game company Nintendo attracted the attention of movie giant Universal City Studios. They contended the Japanese firm?s popular arcade game, Donkey Kong, was a breach of their copyright for King Kong.

A brief court battle later and Nintendo won after their lawyer, John Kirby, highlighted the rights to King Kong were in the public domain. MCM had not helped their cause by proving the point themselves when releasing a King Kong film decades earlier. Nintendo received a hefty sum from Universal Studios, the latter being criticised for their attitude towards litigation. The incident was also voted one of the ?dumbest? moments in video game history.

The Solution: A round of e-mails, Tweets, Google searching and foresight could have avoided this humiliation for MCM. The moral of the story here is to always research. Thoroughly. Something easier to do than ever thanks to the internet age!

Missing The Beatles

41 300x300 5 Bizarre Business Decisions Social Media Could Have PreventedDecca Records messed up the biggest opportunity in music history, circa 1961.
A Decca executive by the name of Mike Smith had heard a Liverpudlian group, The Beatles, and believed they had displayed significant talent to warrant their signing. They were invited to audition in London, which the band duly did.

Shortly after their New Year?s Day try out, Decca executive Dick Rowe contacted the band?s manager, Brian Epstein, and informed him, ?Not to mince words, Mr. Epstein, but we don?t like your boys? sound. Groups are out; four-piece groups with guitars particularly are finished.?

The Solution: Little would have stopped The Beatles being signed. A campaign of Tweets, Facebook updates, and much more would have raised public awareness for the band. As for Mr. Rowe; a search across the internet could have established just what was really popular!

AOL?s Billion Dollar Blunder

51 5 Bizarre Business Decisions Social Media Could Have PreventedIn 2009 AOL parted company with Time Warner after 8 years in a business merger which proved, unequivocally, to be one of the most disastrous in history.

AOL bought the firm for $160 billion in 2001 and immediately began losing money. Business insiders have pointed out the losses were due to a lack of understanding about the future of the internet. One of the more expensive errors of theirs was to buy out social media site Bebo in 2008. For $850 million! At the time the firm had 40 million users; in the two years following AOL?s takeover this figure plummeted to 12 million. Undeterred, AOL continues to fight on to this day!

The Solution: Using Google Analytics, or SEO Moz, would have shown the stunning growth of Facebook and its effect on other social media formats. Again, thorough research of Bebo and its figures could have averted this disaster.

?

?

?

Alex Morris works for an ink cartridge shop in Manchester where he keeps an eye on Ink and toner cartridges. We haven?t had any strange business decisions? yet.

?

?

Posted on: October 24, 2012

Source: http://www.dreamgrow.com/5-bizarre-business-decisions-social-media-could-have-prevented/

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Scott Crow is in Olympia for a few speaking events | Olympia ...

Activist, anarchist, writer, organizer ? Scott Crow ? is going to be in Olympia for a few speaking engagements over the next few days. He will be at South Puget Sound Community College on Oct 25th at noon, Room 102, Building 26

Then he will be at Last Word Books on Friday, Oct 26th at 7:30 pm. and one more time in Oly on Monday, Oct 29th at Lecture Hall 2, The Evergreen State College at noon.

Want to understand anarchism? Learn more about it. It?s not what you may think.

Want to continue to misunderstand and misrepresent anarchism? As Bobby Dylan said, ?you are going to have to serve somebody?? Choose today, who will you serve? You are going to have to serve somebody.

Black Flags and Radical Relief Efforts in New Orleans: An Interview with scott crow

Author and activist scott crow

?Solidarity not Charity? is a way of feeding people while addressing the underlying problems that cause hunger. The way this manifested itself in Common Ground was to immediately deliver and render aid where the state had failed, and then to leave structures in place so communities can continue to rebuild themselves as they see fit.?

Interview by Stevie Peace & Kevin Van Meter

In the aftermath of Hurricane Katrina both federal and local authorities failed the population of New Orleans and the Gulf Coast region. As a result, relief efforts from various sectors of American society flowed south. One of the first and most spectacular and aggressive efforts was Common Ground Relief ? formed by strands of the anti-globalization and anarchist movements. scott crow documents these struggles in ?Black Flags and Windmills: Hope, Anarchy, and the Common Ground Collective?, recently released by PM Press. In this interview, Crow describes the process of becoming an author after being an organizer, reviews the history and myths of Common Ground and explores possible lessons for future progressive and radical organizing. Visit crow?s website at http://scottcrow.org/.>

Can you speak to the writing process behind ?Black Flags and Windmills? and your shift from an organizer to an author?

One word: difficult. I don?t consider myself a writer; and while I have written a few pieces over the years, it has mostly been out of necessity. From my arrival in New Orleans I took copious notes. Every time I would get moments to get away, I would take notes about organizing and creating an organization to deal with the disaster following Hurricane Katrina. Additionally, I wrote communiqu?s from just days after the storm and continued for three years. I went back to all of those writings and began turning them into chapters. On a personal level it was healing to write: I came back with post-traumatic stress, couldn?t function in society and felt like the ghost in the machine a lot. The writing actually helped me to relive those traumas in a different way, to really dissect them. It was almost a five-year process; I feel so much better now than I did when I started the book. This is not to say that ?Black Flags and Windmills? is a sorrow-filled book. There are lots of beautiful stories along the way and lots of really engaging organizing that was going on. The book describes the anarchist heyday of Common Ground, when the most self-identified anarchists came; this was early September 2005 until 2008. Afterward, the organization became much more structured in a traditional nonprofit way. This is not to denigrate it ? just to say that the book focuses on this initial period of ?black flags? at Common Ground.

Since memory is a tricky thing, I did outside research and revisited with people. I went back to news articles from grassroots media, reports and blogs to look at specific events and the way things unfolded. Then, I would ask key organizers and New Orleans residents, ?Do you remember when this thing happened?? Sometimes it was completely different from how I remembered it. I don?t claim to speak for Common Ground, as I think that would do a disservice to the thousands of people who participated and the hundreds of key organizers that were there.

When I tell a story I want people to understand it and create common bonds. I wrote this book for people who might not have any understanding about radical or anarchist concepts. I always ask myself, ?What would my mom think about this?? While I wrote it for people like her, my target audience was those who were coming into movements and might be inspired by what Common Ground was building. I used the stories in the book to give a primer on the theoretical background of anarchism in practice. Another part of the book is telling my own personal narrative. It?s not because I think my story is important, but I wanted to show that I am a regular person that was just caught up in extraordinary circumstances.

Want to know more? Read the whole piece. Come sit in on one of the events.

Tags: Anarchism, class struggle, economic justice, peace, Scott Crow

Source: http://omjp.net/2012/10/25/scott-crow-is-in-olympia-for-a-few-speaking-events/

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Syria says army still undecided on ceasefire move

BEIRUT/CAIRO (Reuters) - Syria said on Wednesday its military command was still studying a proposal for a holiday ceasefire with rebels - contradicting international mediator Lakhdar Brahimi's earlier announcement that Damascus had agreed to a truce.

The statement threw Brahimi's efforts to arrange a pause in the bloodshed in Syria into even more confusion, as the rebels fighting to topple President Bashar al-Assad have given no indication they would be willing to sign up to it.

A previous ceasefire arrangement in April collapsed within days, with both sides accusing the other of breaking it.

Brahimi, the joint U.N.-Arab League special envoy, had crisscrossed the Middle East to push the warring factions and their international backers to agree to a truce over the Muslim holiday of Eid al-Adha - a mission that included talks with Assad in Damascus at the weekend.

"After the visit I made to Damascus, there is agreement from the Syrian government for a ceasefire during the Eid," Brahimi told a news conference at the Arab League in Cairo.

Within an hour, Syria's Foreign Ministry said the proposal was still being studied by the armed forces' leadership. "The final position on this issue will be announced tomorrow," a ministry statement said.

The holiday starts on Thursday and lasts three or four days. Brahimi did not specify the precise time period for a truce.

Nor did the initiative include plans for international observers and rebel sources had earlier told Reuters there was little point if it could not be monitored or enforced.

The two sides are now locked in a battle with huge potential ramifications in the northwest.

Syrian warplanes carried out bombing raids on Wednesday on the strategic northern town of Maarat al-Numan and nearby villages while rebels surrounded an army base to its east, an activist monitor said.

Five people from one family, including a child and a woman, were killed in the air strikes, according to Rami Abdelrahman, head of the British-based Syrian Observatory for Human Rights.

Maarat al-Numan has fallen to the rebels, effectively cutting the main north-south highway, a strategic route for Assad to move troops from the capital Damascus to Aleppo, Syria's largest city where the insurgents have taken a foothold.

But without control of the nearby Wadi al-Daif military base, their grip over the road is tenuous. Its capture would be a significant step towards creating a "safe zone" allowing them to focus forces on Assad's strongholds in southern Syria.

The rebels say the ferocity of counter-attacks by government forces shows how important holding the base is to Assad's military strategy.

Opposition activist footage on Wednesday showed a column of grey smoke rising after a bomb hit the village of Deir al-Sharqi, a few kilometers (miles) south of the base.

REFUGEES FLEE BOMBARDMENTS

Meanwhile, hundreds of Syrian refugees have poured into a makeshift refugee camp at Atimah overlooking the Turkish border, fleeing a week of what they said were the most intense army bombardments since the uprising began.

"Some of the bombs were so big they sucked in the air and everything crashes down, even four-storey buildings. We used to have one or two rockets a day, now for the past 10 days it has become constant, we run from one shelter to another. They drop a few bombs and it's like a massacre," one refugee, a 20-year-old named Nabil, told Reuters at the camp.

The army has lost swathes of territory in recent months and relies on air power and heavy artillery to push back the rebels fighting to topple Assad.

More than 32,000 people have been killed in the conflict, which began with peaceful pro-democracy protests in March 2011 before descending into civil war as repression increased.

Human Rights Watch said the Syrian air force had increased its use of cluster bombs across the country in the past two weeks. The New York-based organization identified, through activist video footage of unexploded bomblets, three types of cluster bombs which had fallen on and around Maarat al-Numan.

Cluster bombs explode in the air, scattering dozens of smaller bomblets over an area the size of a sports field. Most nations have banned their use under a convention that became international law in 2010, but which Syria has not signed.

Russia said on Wednesday the rebels had acquired portable surface-to-air missiles including U.S.-made Stingers - a weapon that would help bring down warplanes and helicopters which have bombed residential areas where rebels are hiding.

Opposition activist footage has shown rebels carrying Soviet-made surface-to-air missiles, but footage of Stingers has yet to appear.

In contrast to the Libya crisis last year, the West has shown little appetite to arm the Syrian rebels, worried that weapons would fall into the hands of Islamic militants.

Russia, which has supported Assad through the conflict, sold his government $1 billion worth of weapons last year and has made clear it would oppose an arms embargo in the U.N. Security Council.

A total of 190 people were killed across Syria on Tuesday, the Observatory said.

(Reporting by Marwan Makdesi in Damascus, Oliver Holmes in Beirut, Erika Solomon in Atiha, Yasmine Saleh and Tom Perry in Cairo, and Steve Gutterman in Moscow; Writing by Angus MacSwan; Editing by Mark Heinrich)

Source: http://news.yahoo.com/syrias-assad-agrees-holiday-ceasefire-u-n-envoy-102819522.html

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Top features of a great Adult Control Software program for Android ...

The current breakthroughs inside technology and IT market have given all of us with many different advantages along with amazing gizmos. Cellphones are among the most amazing and also popular gifts of the technical improvement. Nonetheless, there will always be some pitfalls and downsides for these tools. Just about the most concerning danger related to these types of top android phones could be the misusage, specially by kids.
Nowadays, mothers and fathers tend to be the majority of concerned with the actual cell phone use simply by their kids with there being different ways regarding misusing a cell phone and children are typically attracted towards discovered. Android primarily based cell phones have become common right now along with parent manage software developed by an expert and also most respected just offshore cell growth vendor might be quickly ordered and also used to confidentially monitor all the cellular phone actions of the children. Mother and father could use these kinds of softwares to save their children from misusing the particular systems given for many years.
Here are several of the options that come with an excellent parental management software program with regard to best cheap android phone primarily based telephones:
Text messages Signing: Mom and dad can certainly firewood within their consideration and focus all the SMS/text communications that the little one provides directed or perhaps acquired. The particular sign in is very secret and youngsters is not going to know when you verify his or her SMSs.
Image Logging: This feature allows you to upload all of the photos on your own children's Google android phone on the key username and password with out them actually knowing.

Phone call recording: This feature lets you understand every single fine detail that your particular little one makes as well as gets on his Android mobile phone cell phone. It is always easier to realize which the kids are speaking with because there are many possible predators outside the house and you should watch out for them.
Control Your Connections: This selection lets you look into the numbers which might be kept on the children's unlocked phones for sale and further obstruct the numbers that you would like in order to without having letting them know.
Searching History: Having a parental control over the child's personal pc is simply not ample right now. The surfing around reputation the particular Android os dependent phone can be considered via a parental handle computer software even if they eliminate the history using their unit.
GPS Monitoring: The particular GPS checking will show you exactly where the youngster can be. You will be aware whether the kids are really inside the school or bunking the courses and also wandering outside. Further, a very competent offshore cell improvement company may make sure the particular service is supplied during probably the most unfavorable situations
Non-GPS following: Suppose the Gps device interconnection is quite poor across the place wherever your youngster is. In this situation, the particular adult management software will use Wi-Fi contacts or even the mobile phone podiums to get the precise locale from the little one.
Text messages Made it possible for Following: If you find a few problem with your Gps navigation following or another type so you have no idea of whether or not your child is a the college or not, you'll be able to realize it by just mailing a message along with the parent manage computer software will make sure that you get a Text message showing anyone concerning the exact site co-ordinates of your respective youngster.
Simulator Change Notification: Even if your child efforts to change the SIM in the best android phone 2012, you will be quickly informed in regards to the SIM alter activity through the application.
There are many much more functions that is present in a new parental management software program but the previously discussed when would be the most critical kinds and should trouble a really good software remedy pertaining to parent handle.
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Source: http://www.musicbabylon.com/android2012/blog/Top_features_of_a_great_Adult_Control_Software_program_for_Android_Phones

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CE Around the State?November Edition ? Reference Librarians ...

Holiday season is fast approaching, and continuing education is the gift that keeps on giving!? If you?re able to squeeze any in during this busy time, a list of November programs and webinars follows.

RLA-CE has a program this month:? The Modern Discussion Group?Books Optional on Monday, November 26, 9:30am to 12:00pm at the Northbrook Public Library Auditorium.? Register here.

A little further down the line, RLA-CE will be having a stop-motion video program.? Save the date for December 12, 9:30 at Barrington Area Library. It will be both presentation and hands-on activities.

Children?s librarians may be interested in checking out Free Form Free For All at Vaspasian Warner PLD on November 2 from 9:15am to 12:00pm.? They?ll ?discuss new books, old favorites, program ideas and crafts, and are welcome questions on all topics relating to youth services.? ???Contact Paula Lopatic (lopatic@vwarner.org) if you plan to attend.? FREE!

Webjunction offers The Power of the Image webinar November 6, at 1:00pm.? Geared towards presenters and visual communication.? Information and registration here.? FREE!

YLA Programmers Group meets November 9, 9:00am to 12:00pm at Ela Area Public Library.? If interested in attending, please contact Kay Chisamore at kchisamore@eapl.org.? FREE!

As always, make sure you Slam the Boards on the 10th.? Promote libraries beyond their walls and hit your favorite Q&A social sites (Yahoo Answers, Quora, WikiAnswers, etc.) to answer questions librarian-style.? In your answers, identify yourself as a librarian, then post links to your answers on Twitter using the hashtag #slamtheboards.? FREE!?

Youth Librarian Networking Group meets November 12, 9:00am to 12:00pm at the RAILS Wheeling location.? FREE!

If you?re looking to up your advocacy efforts, check out Webjunction webinar Energize Your Base: Tips and tools to raise awareness and build support for library services.? It?s November 14, at 12:00pm.? Information and registration here.? FREE!

We all undoubtedly know someone who could benefit from LACONI?s How to Safely Manage Disruptive Patrons Presented by CPI (Crisis Prevention Institute) on Thursday, November 15, 2012 from 9am-12pm.? The event is at the Fountaindale Public Library in Bolingbrook.? Register here.

Dominican University?s Thom Barthelmess hosts Butler Book Banter at the University?s Butler Center on November 15 at 7:00pm.? Meetings are held the third Thursday of each month to discuss children?s literature.? Register here.? FREE!

LACONI will be hosting Bite-Sized Marketing with Nancy Dowd of Novelist and The M-Word Blog on November 16, from 9:15am to 1:00pm.? The event is at Gail Borden Public Library in Elgin.? Register here.

The Collection Development Librarians Networking Group meets November 16, 9:30am to 12:00pm at Schaumburg Township District Library.? FREE!

Changing the Face of Summer Reading is November 16, from 9:30am to 3:00pm at Fountaindale Public Library.? Presented by LACONI.? Register here.

LACONI event Shift Happens! Technology Training at Your Library takes place November 16, 2012 from 10:00am to 12:00pm.? Register here.

ALA Techsource is offering a webinar series, Makerspaces: A New Wave of Library Service.? This month?s session is ?Learn about Makerspaces from the Innovators at Cleveland Public Library? on November 19 at 1:00pm.? Register here.? FREE!

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Source: http://rlace.info/2012/10/24/ce-around-the-state-november-edition-2/

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Grandmas made humans live longer

Wednesday, October 24, 2012

Computer simulations provide new mathematical support for the "grandmother hypothesis" ? a famous theory that humans evolved longer adult lifespans than apes because grandmothers helped feed their grandchildren.

"Grandmothering was the initial step toward making us who we are," says Kristen Hawkes, a distinguished professor of anthropology at the University of Utah and senior author of the new study published Oct. 24 by the British journal Proceedings of the Royal Society B.

The simulations indicate that with only a little bit of grandmothering ? and without any assumptions about human brain size ? animals with chimpanzee lifespans evolve in less than 60,000 years so they have a human lifespan. Female chimps rarely live past child-bearing years, usually into their 30s and sometimes their 40s. Human females often live decades past their child-bearing years.

The findings showed that from the time adulthood is reached, the simulated creatures lived another 25 years like chimps, yet after 24,000 to 60,000 years of grandmothers caring for grandchildren, the creatures who reached adulthood lived another 49 years ? as do human hunter-gatherers.

The grandmother hypothesis says that when grandmothers help feed their grandchildren after weaning, their daughters can produce more children at shorter intervals; the children become younger at weaning but older when they first can feed themselves and when they reach adulthood; and women end up with postmenopausal lifespans just like ours.

By allowing their daughters to have more children, a few ancestral females who lived long enough to become grandmothers passed their longevity genes to more descendants, who had longer adult lifespans as a result.

Hawkes conducted the new study with first author and mathematical biologist Peter Kim, a former University of Utah postdoctoral researcher now on the University of Sydney faculty, and James Coxworth, a University of Utah doctoral student in anthropology. The study was funded by the National Science Foundation and the Australian Research Council.

How Grandmothering Came to Be

Hawkes, University of Utah anthropologist James O'Connell and UCLA anthropologist Nicholas Blurton Jones formally proposed the grandmother hypothesis in 1997, and it has been debated ever since. Once major criticism was that it lacked a mathematical underpinning ? something the new study sought to provide.

The hypothesis stemmed from observations by Hawkes and O'Connell in the 1980s when they lived with Tanzania's Hazda hunter-gatherer people and watched older women spend their days collecting tubers and other foods for their grandchildren. Except for humans, all other primates and mammals collect their own food after weaning.

But as human ancestors evolved in Africa during the past 2 million years, the environment changed, growing drier with more open grasslands and fewer forests ? forests where newly weaned infants could collect and eat fleshy fruits on their own.

"So moms had two choices," Hawkes says. "They could either follow the retreating forests, where foods were available that weaned infants could collect, or continue to feed the kids after the kids are weaned. That is a problem for mothers because it means you can't have the next kid while you are occupied with this one."

That opened a window for the few females whose childbearing years were ending ? grandmothers ? to step in and help, digging up potato-like tubers and cracking hard-shelled nuts in the increasingly arid environment. Those are tasks newly weaned apes and human ancestors couldn't handle as infants.

The primates who stayed near food sources that newly weaned offspring could collect "are our great ape cousins," says Hawkes. "The ones that began to exploit resources little kids couldn't handle, opened this window for grandmothering and eventually evolved into humans."

Evidence that grandmothering increases grandchildren's survival is seen in 19th and 20th century Europeans and Canadians, and in Hazda and some other African people.

But it is possible that the benefits grandmothers provide to their grandchildren might be the result of long postmenopausal lifespans that evolved for other reasons, so the new study set out to determine if grandmothering alone could result in the evolution of ape-like life histories into long postmenopausal lifespans seen in humans.

Simulating the Evolution of Adult Lifespan

The new study isn't the first to attempt to model or simulate the grandmother effect. A 1998 study by Hawkes and colleagues took a simpler approach, showing that grandmothering accounts for differences between humans and modern apes in life-history events such as age at weaning, age at adulthood and longevity.

A recent simulation by other researchers said there were too few females living past their fertile years for grandmothering to affect lifespan in human ancestors. The new study grew from Hawkes' skepticism about that finding.

Unlike Hawkes' 1998 study, the new study simulated evolution over time, asking, "If you start with a life history like the one we see in great apes ? and then you add grandmothering, what happens?" Hawkes says.

The simulations measured the change in adult longevity ? the average lifespan from the time adulthood begins. Chimps that reach adulthood (age 13) live an average of another 15 or 16 years. People in developed nations who reach adulthood (at about age 19) live an average of another 60 years or so ? to the late 70s or low 80s.

The extension of adult lifespan in the new study involves evolution in prehistoric time; increasing lifespans in recent centuries have been attributed largely to clean water, sewer systems and other public health measures.

The researchers were conservative, making the grandmother effect "weak" by assuming that a woman couldn't be a grandmother until age 45 or after age 75, that she couldn't care for a child until age 2, and that she could care only for one child and that it could be any child, not just her daughter's child.

Based on earlier research, the simulation assumed that any newborn had a 5 percent chance of a gene mutation that could lead to either a shorter or a longer lifespan.

The simulation begins with only 1 percent of women living to grandmother age and able to care for grandchildren, but by the end of the 24,000 to 60,000 simulated years, the results are similar to those seen in human hunter-gatherer populations: about 43 percent of adult women are grandmothers.

The new study found that from adulthood, additional years of life doubled from 25 years to 49 years over the simulated 24,000 to 60,000 years.

The difference in how fast the doubling occurred depends on different assumptions about how much a longer lifespan costs males: Living longer means males must put more energy and metabolism into maintaining their bodies longer, so they put less vigor into competing with other males over females during young adulthood. The simulation tested three different degrees to which males are competitive in reproducing.

What Came First: Bigger Brains or Grandmothering?

The competing "hunting hypothesis" holds that as resources dried up for human ancestors in Africa, hunting became better than foraging for finding food, and that led to natural selection for bigger brains capable of learning better hunting methods and clever use of hunting weapons. Women formed "pair bonds" with men who brought home meat.

Many anthropologists argue that increasing brain size in our ape-like ancestors was the major factor in humans developing lifespans different from apes. But the new computer simulation ignored brain size, hunting and pair bonding, and showed that even a weak grandmother effect can make the simulated creatures evolve from chimp-like longevity to human longevity.

So Hawkes believes the shift to longer adult lifespan caused by grandmothering "is what underlies subsequent important changes in human evolution, including increasing brain size."

"If you are a chimpanzee, gorilla or orangutan baby, your mom is thinking about nothing but you," she says. "But if you are a human baby, your mom has other kids she is worrying about, and that means now there is selection on you ? which was not on any other apes ? to much more actively engage her: 'Mom! Pay attention to me!'"

"Grandmothering gave us the kind of upbringing that made us more dependent on each other socially and prone to engage each other's attention," she adds.

That, says Hawkes, gave rise to "a whole array of social capacities that are then the foundation for the evolution of other distinctly human traits, including pair bonding, bigger brains, learning new skills and our tendency for cooperation."

###

University of Utah: http://www.unews.utah.edu/

Thanks to University of Utah for this article.

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Source: http://www.labspaces.net/124759/Grandmas_made_humans_live_longer

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