Showing posts with label tally. Show all posts
Showing posts with label tally. Show all posts

June 22, 2009

Top 8 Media Conglomerates

In 1983, fifty corporations dominated most of every mass medium, including our news sources. In 1987, the fifty companies had shrunk to twenty-nine. In 1990, the twenty-nine had shrunk to twenty three. By the end of 2006, there are only 8 giant media companies dominating the US media, from which most people get their news and information. These Are:

  • Disney (market value: $72.8 billion)

  • AOL-Time Warner (market value: $90.7 billion)

  • Viacom (market value: $53.9 billion)

  • General Electric (owner of NBC, market value: $390.6 billion)

  • News Corporation (that's Fox, which now owns the Wall Street Journal, market value: $56.7 billion)

  • Yahoo! (market value: $40.1 billion)

  • Microsoft (market value: $306.8 billion)

  • Google (market value: $154.6 billion)

The market failure is that these conglomerates have become part of the establishment on which they are supposed to report. They have become beholden to short term profits and entertainment value. Corporate commercial interests have blunted their ability to speak truth to power at a management level, where the control lies.

The high-flying celebrity status of the hosts, and fear of loosing that status, creates a strong aversion to taking the risks associated with speaking truth to power.

The reduced numbers of employees in this consolidated industry make even the technical jobs rare plums. Thus, young people who want a job in the media industry will tend to do what ever management wants... no questions asked. It doesn't matter if these young people, and the vanishing news reporters, are "liberal"; they don't pick the stories to be covered and don't decide what makes it into print or on the air.

Bottom line is that the media industry reflects corporate conservatism, not liberalism.

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April 25, 2009

19 Largest Banks

Here's a list of the 19 biggest banks in order from largest to smallest:
  • JPMorgan Chase & Co.,
  • Citigroup Inc.,
  • Bank of America Corp.,
  • Wells Fargo & Co.,
  • Goldman Sachs Group Inc.,
  • Morgan Stanley,
  • MetLife Inc.,
  • PNC Financial Services Group Inc.,
  • U.S. Bancorp,
  • Bank of New York Mellon Corp.,
  • GMAC LLC,
  • SunTrust Banks Inc.,
  • State Street Corp.,
  • Capital One Financial Corp.,
  • BB&T Corp.,
  • Regions Financial Corp.,
  • American Express Co.,
  • Fifth Third Bancorp, and
  • KeyCorp...


Sources:

Associated Press, Meltdown 101: How do bank 'stress tests' work?, DANIEL WAGNER, April 24, 2009.

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November 25, 2008

List of Failed US Banks

List of Failed Banks provided by the FDIC (Thanks to CalculatedRisk Blog).

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August 21, 2007

Tally of Failed Mortgage Companies

Thanks to The Mortgage Lender Implode-O-Meter, we have a list of the mortgage companies that have quit doing business, gone under, or are seriously gasping for air. Click the link above for an update to the list below. Updated December 1, 2008

306. Mortgage Network Inc. - Wholesale
305. Fortes Financial - Wholesale
304. HSBC Mortgage Corp. - Wholesale
303. CBRE Realty Finance
302. Franklin Bank, SSB
301. Mortgage Lion, Inc. - Wholesale
300. HMS Capital, Inc.
299. American Sterling Bank - Wholesale
298. CTX Mortgage Co. - Retail
297. Equity One Commercial
296. Coldstream Financial Svcs.
295. Banco Popular North America - Wholesale
294. Ace Mortgage Funding, LLC
293. E-Loan
292. Gateway Bank, F.S.B. - Wholesale
291. First Call Mortgage Co.
290. Downey Savings and Loan - Wholesale
289. Prospect's Metrocities Mortgage - Wholesale
288. ComCor Mortgage - Wholesale
287. Chevy Chase Bank - Wholesale
286. Washington Mutual - Retail and Warehouse
285. Hometown Commercial Capital
284. Mid Atlantic Capital LLC
283. Kemper Mortgage, Inc.
282. Liberty Mortgage Funding Co.
281. Freddie Mac
280. Fannie Mae
279. Pacific Community Mortgage, Inc. - Gold Reverse, Inc.
278. Homecomings Financial, LLC
277. Thornburg Mortgage
276. CSB Mortgage
275. Carteret Mortgage Corporation
274. Accredited Home Lenders, Lone Star Funds - Wholesale
273. Western Residential Mortgage
272. Liberty Home Lending - Wholesale
271. Equipoint Financial Network, Inc.
270. Ideal Mortgage Bankers, Ltd. - Wholesale
269. Silver State Bank - Wholesale
268. Irwin Union Bank & Trust Co. - Wholesale
267. SunTrust Bank Equity Wholesale
266. Wachovia Mortgage, FSB - Wholesale
265. Lehman Brothers SBF
264. IndyMac Bancorp
263. Mortgages Ltd.
262. Wilmington Finance - Wholesale
261. Accredited Home Lenders, Home Funds Direct
260. Assured Lending Corp. - Wholesale
259. Homewide Lending Corporation
258. Vanguard Mortgage & Title, Inc.
257. Chase Home Equity - Wholesale
256. Chase Subprime - Wholesale
255. Evergreen Investment & Carnation Banc
254. Casa Blanca Mortgage/Shearson - Wholesale
253. Guaranty Bank - Correspondent
252. Citi Residential Lending
251. Montgomery Mortgage Capital Company
250. E*Trade Wholesale Lending
249. Shearson Financial Network, Inc.
248. American Bank Mortgage Group - Wholesale
247. AmeriBanc Corp.
246. Washington Mutual - Wholesale
245. Century Bank, F.S.B. - Wholesale
244. Diversified Mortgage, Inc.
243. National Wholesale Funding
242. Centennial Mortgage and Funding, Inc./Award Mortgage
241. Fidelity Home Mortgage Corp. - Wholesale
240. LMI Funding, Inc.
239. Millennium Mortgage - Wholesale
238. Origen Financial, Inc. (Correspondent)
237. CitiMortgage - Home Equity Wholesale
236. Bear Stearns Residential Mortgage
235. East West Mortgage Co. of VA
234. New Vision Residential Lending
233. Washington Savings Bank, F.S.B. - Wholesale
232. Macquarie Mortgages USA Inc.
231. Global Mortgage, Inc.
230. Unique Mortgage Solutions (UMS, LLC)
229. First Franklin - Merrill Lynch
228. First National Mortgage Sources
227. Resource Mortgage (Wholesale)
226. KH Financial
225. Lydian Mortgage
224. OMG Wholesale Lending
223. Saxon Mortgage (Wholesale)
222. Beazer Mortgage Corp.
221. Allpointe Mortgage (Broker Program)
220. Popular Warehouse Lending
219. Allied Lending Corp. (Wholesale)
218. BF Saul Wholesale Lending
217. Community Resource Mortgage
216. Lehman/Aurora Loan Services
215. Residential Mortgage Capital
214. Maverick Residential Mortgage
213. Countrywide Financial Corp.
212. First NLC Financial Services
211. First American Bank (Wholesale)
210. Soma Financial
209. National City Corp. (Wholesale)
208. Heartland Wholesale Funding
207. Homefront Mortgage Inc.
206. PNC Bank H.E.
205. Family First Mortgage Corp.
204. First Fidelity Financial
203. BSM Financial
202. 1st Choice Mortgage
201. Wescom Credit Union
200. Coast Financial Holdings/Coast Bank
199. WaMu (Subprime)
198. First Madison Mortgage
197. Southern Star Mortgage
196. TransLand Financial
195. Secured Bankers Mortgage Company (SBMC)
194. ComUnity Lending
193. Delta Financial Corp
192. BayRock Mortgage
191. Empire Bancorp
190. Option One - H&R Block
189. Citigroup - FCS Warehouse
188. Charter One (Wholesale)
187. Wells Fargo - Home Equity
186. Paul Financial, LLC
185. Webster Bank (Wholesale)
184. Fieldstone Mortgage Company
183. Tribeca Lending Corp. (Wholesale)
182. WAMU Comm. Correspondent
181. Marlin Mortgage Company
180. Countrywide Specialty Lending
179. UBS Home Finance
178. MortgageIT-DB (Retail)
177. Edgewater Lending Group
176. ResMAE Mortgage Corp.
175. Citimortgage Correspondent (2nds)
174. AMC Lending
173. Liberty American Mortgage
172. Exchange Financial (Wholesale)
171. FirstBank Mortgage
170. Bank of America (Wholesale)
169. Diablo Funding Group Inc.
168. Honor State Bank
167. Spectrum Financial Group
166. Priority Funding Mortgage Bankers
165. BrooksAmerica Mortgage Corp.
164. Valley Vista Mortgage
163. New State Mortgage Company
162. Summit Mortgage Company
161. WMC
160. Paragon Home Lending
159. First Mariner Wholesale
158. The Lending Connection
157. Foxtons, Inc.
156. SCME Mortage Bankers
155. Aapex Mortgage (Apex Financial Group)
154. Wells Fargo (various Correspondent and Non-prime divisions)
153. Nationstar Mortgage
152. Decision One (HSBC)
151. Impac Lending Group
150. Long Beach (WaMu Warehouse/Correspondent)
149. Expanded Mortgage Credit Wholesale
148. The Mortgage Store Financial
147. C & G Financial
146. CFIC Home Mortgage
145. All Fund Mortgage
144. LownHome Financial
143. Sea Breeze Financial Services
142. Castle Point Mortgage
141. Premium Funding Corp
140. Group One Lending
139. Allstate Home Loans / Allstate Funding
138. Home Loan Specialists (HLS)
137. Transnational Finance Wholesale
136. CIT Home Lending
135. Capital Six Funding
134. Mortgage Investors Group (MIG) - Wholesale
133. Amstar Mortgage Corp
132. Quality Home Loans
131. BNC Mortgage (Lehman)
130. First National Bank of Arizona
129. Chevy Chase Bank Correspondent
128. GreenPoint Mortgage - Capital One Wholesale
127. NovaStar, Homeview Lending
126. Quick Loan Funding
125. Calusa Investments
124. Mercantile Mortgage
123. First Magnus
122. First Indiana Wholesale
121. GEM Loans / Pacific American Mortgage (PAMCO)
120. Kirkwood Financial Corporation
119. Lexington Lending
118. Express Capital Lending
117. Deutsche Bank Correspondent Lending Group (CLG)
116. MLSG
115. Trump Mortgage
114. HomeBanc Mortgage Corporation
113. Mylor Financial
112. Aegis
111. Alternative Financing Corp (AFC) Wholesale
110. Winstar Mortgage
109. American Home Mortgage / American Brokers Conduit
108. Optima Funding
107. Equity Funding Group
106. Sunset Mortgage
105. Nations Home Lending
104. Entrust Mortgage
103. Alera Financial (Wholesale)
102. Flick Mortgage/Mortgage Simple
101. Dollar Mortgage Corporation
100. Alliance Bancorp
99. Choice Capital Funding
98. Premier Mortgage Funding
97. Stone Creek Funding
96. FlexPoint Funding (Wholesale & Retail)
95. Starpointe Mortgage
94. Unlimited Loan Resources (ULR)
93. Freestand Financial
92. Steward Financial
91. Bridge Capital Corporation
90. Altivus Financial
89. ACT Mortgage
88. Alliance Mortgage Banking Corp (AMBC)
87. Concord Mortgage Wholesale
86. Heartwell Mortgage
85. Oak Street Mortgage
84. The Mortgage Warehouse
83. First Street Financial
82. Right-Away Mortgage
81. Heritage Plaza Mortgage
80. Horizon Bank Wholesale Lending Group
79. Lancaster Mortgage Bank (LMB)
78. Bryco (Wholesale)
77. No Red Tape Mortgage
76. The Lending Group (TLG)
75. Pro 30 Funding
74. NetBank Funding, Market Street Mortgage
73. Columbia Home Loans, LLC
72. Mortgage Tree Lending
71. Homeland Capital Group
70. Nation One Mortgage
69. Dana Capital Group
68. Millenium Funding Group
67. MILA
66. Home Equity of America
65. Opteum (Wholesale, Conduit)
64. Innovative Mortgage Capital
63. Home Capital, Inc.
62. Home 123 Mortgage
61. Homefield Financial
60. First Horizon Subprime, Equity Lending
59. Platinum Capital Group (Wholesale)
58. First Source Funding Group (FSFG)
57. Alterna Mortgage
56. Solutions Funding
55. People's Mortgage
54. LowerMyPayment.com
53. Zone Funding
52. First Consolidated (Subprime Wholesale)
51. EquiFirst
50. SouthStar Funding
49. Warehouse USA
48. H&R Block Mortgage
47. Madison Equity Loans
46. HSBC Mortgage Services (correspondent div.)
45. Sunset Direct Lending
44. Kellner Mortgage Investments
43. LoanCity
42. CoreStar Financial Group
41. Ameriquest, ACC Wholesale
40. Investaid Corp.
39. People's Choice Financial Corp.
38. Master Financial
37. Maribella Mortgage
36. FMF Capital LLC
35. New Century Financial Corp.
34. Wachovia Mortgage (Correspondent div.)
33. Ameritrust Mortgage Company (Subprime Wholesale)
32. Trojan Lending (Wholesale)
31. Fremont General Corporation
30. DomesticBank (Wholesale Lending Division)
29. Ivanhoe Mortgage/Central Pacific Mortgage
28. Eagle First Mortgage
27. Coastal Capital
26. Silver State Mortgage
25. ECC Capital/Encore Credit
24. Lender's Direct Capital Corporation (wholesale division)
23. Concorde Acceptance
22. DeepGreen Financial
21. American Freedom Mortgage, Inc.
20. Millenium Bankshares (Mortgage Subsidiaries)
19. Summit Mortgage
18. Mandalay Mortgage
17. Rose Mortgage
16. EquiBanc
15. FundingAmerica
14. Popular Financial Holdings
13. Clear Choice Financial/Bay Capital
12. Origen Wholesale Lending
11. SecuredFunding
10. Preferred Advantage
9. MLN
8. Sovereign Bancorp (Wholesale Ops)
7. Harbourton Mortgage Investment Corporation
6. OwnIt Mortgage
5. Sebring Capital Partners
4. Axis Mortgage & Investments
3. Meritage Mortgage
2. Acoustic Home Loans
1. Merit Financial

The people at Mortgage Lender Implode-O-Meter also have a "watch list," which includes Countrywide Financial, FNBA, GreenPoint Mortgage and others.

May 19, 2007

Green Zone Attack Statistics

Updated August 9, 2007

How common are rocket and mortar attacks on the Green Zone? Far more common than the impression given by the establishment media.

Editor's Note:

When I first created this blog entry I wondered whether or not the source of my statistics, the english-speaking establishment media for the most part, were effectively reporting on Green Zone Attacks. I'm aware, for example, that Iraq Body Count's excess death inventory, based on similar sources, significantly under reports the actual figure, now estimated by independent sources to be about one million.

My concern has been echoed in a comment by "Contractor" to this blog entry. He suggests that this blog entry significantly under-reports the actual cases of Green Zone attacks:
you have nothing between June 1 and 14 Oct 2004. I can vouch that between July 20th and October 14th...we had Mortars come in almost every single day. One day we had something like 30 and the following evening another 10.

He continues...

In the entire month of September 2004, everyone put on their vests at 1830 ecause the rounds started coming in around 1900 to 1930 every night.

"Contractor's" experience is verified in a November 2004 Atlantic Monthly piece by William Langewiesche. Langewiesche writes:

On October 14 [2004] the Turkish embassy was bombed, and one person died. Mortar attacks on the Green Zone, until recently unheard of, were suddenly on the rise.

He continues,

There was talk of "sleepers" in the slums on the inside [of the Green Zone]. Even the Iraqis working for the CPA were suspect. Palace defenses, already strong, were made stronger still, so that the Palace became the Green Zone's Green Zone, as it remains today. A "town hall" meeting was called to allay fears, but it had the opposite effect. Work was disrupted. Mortars and rockets came in every night now, almost all of them falling into the Green Zone's open spaces. One of the biggest rockets landed in the Palace parking lot and took out twenty-six cars, mostly SUVs.

Langewiesche gives more insight with several more comments about mortar attacks, like the following:

Like the bombings in the city, the mortaring of the Green Zone occurred in distinct phases over time, whether in the mornings, or evenings, or late at night. Rockets were relatively rare. But the mortar attacks were so predictable at any given time that people working in the safety of the heavy-roofed Palace had office pools going on when the rounds would come in.

Original Posting:

So, how common are attacks on the Green Zone (AKA International Zone) in Iraq. According to Charles Gibson of ABC News, as of May 19, the Green Zone has been attacked 64 times since the surge began (64 attacks in 12 weeks). [1] It's not clear whether this means 64 days or 64 incidents.

My on-going count identifies 29 days in which the Green Zone was attacked since October 2003, tallied below. (obviously, an under estimate).

We just heard of another one during Blair's visit. We heard that a "blast in Baghdad struck about 6:25 p.m., just half an hour before Cheney's wrap-up news conference. It appeared to strike in the vicinity of the heavily fortified Green Zone."[2] According to a GlobalSecurity article on the Green Zone, the first attack on it was October 27, 2003, when three rockets were shot at the Al-Rashid hotel in which Deputy Defense Secretary Paul Wolfowitz was staying.

We hear about these notable attacks when a major dignitary visiting. What about the attacks that occur when a dignitary isn't visiting? (Not commonly reported, at least mortars and rocket attacks).

I include videos of the April 12, 2007 cafeteria bombing and a car bombing in a recent blog entry, How Long Can US Hang on in Iraq? In that essay I quote former CIA analyst and White House briefer, Ray McGovern, saying the US won't be able to hold onto it's bases in Iraq for more than a year or two.

Another sign of the erosion of Green Zone security was included in a May 10, 2007 DemocracyNow! headline news piece:

Meanwhile in Baghdad, the U.S. embassy has ordered all staff to wear flak jackets and helmets while outdoors in the Green Zone. The order comes following a wave of recent rocket attacks. The Green Zone is one of Iraq’s most heavily-guarded areas.

The new order came after a May 3 mortar assault that killed four foreign US embassy workers. The attack was at least the third straight day the Green Zone was attacked, according to HeraldNet.

Aside from being a foreign occupying force, walling itself off from an increasingly dismal Iraqi society, the US has a another disadvantage in selecting the Green Zone location. It housed Saddam Hussein's main presidential palace prior to the 2003 invasion, thus representing a psychological symbol to some of the attackers.

Here's an informal Tally of Attacks on the Green Zone:

Note: Many rocket and mortar attacks occur that don't seem to be reported in the establishment media, my primary source. As described in the "Editor's Note," above, this tally is certain to significantly under count the incidents of Green Zone attacks.

October 27, 2003, Al-Rashid Hotel hit while Paul Wolfowitz was visiting. Considered the first attack on the Green Zone according to GlobalSecurity article.

May 17, 2004 A suicide car bomb in Baghdad kills the head of Iraq's Governing Council Abdul-Zahra Othman Mohammad, a prominent Shi'ite politician from Basra also known as Izzedin Salim. More than a dozen others were also killed in the blast at the gates of the fortified Green Zone in Baghdad.

June 1, 2004 The second car bomb exploded outside an entrance to the U.S.-led coalition headquarters compound in Baghdad. The U.S. military said three Iraqis were killed and 20 wounded near the area known as the "Green Zone."

October 14, 2004 Two suicide bombers penetrate the highly guarded green zone in Baghdad and detonate bombs in their backpacks. 5 (updated to 10) are killed, 4 of them Americans. 20 others are wounded. US State Department spokesperson Richard Baucher said, "It's not the first time that there have been attacks on the Green Zone. Most of the previous attacks have been mortars and things like that." "You'll also remember it's not -- that there was a explosive device that was found in the so-called Green Zone Cafe not too long ago as well." [Link]

October 27, 2004 The first day of Ramadan, four car bombings took place in Baghdad, including the headquarters of the International Red Cross. The Green Zone was mortared.

December 4, 2004 Two car bombs killed sixteen people and wounded 38 others when they exploded at an entrance to Baghdad's fortified Green Zone.

January 29, 2005
A rocket hit the U.S. Embassy compound inside Baghdad's fortified Green Zone, killing two people and wounding at least four. According to the embassy spokesman, all of them are Americans.

July 14, 2005 We woke today to the muted sounds of thumps and booms. One big one, followed by a smaller one. Then mortars flew over our home. It was another attack on the Green Zone, and it killed two people. The first explosion was a car bomb that hit the fortified complex's entrance that civilians, journalists and even National Assembly members often use to get inside. The second boom was a suicide bomber who rushed into the crowd that gathered following the first explosion and blew himself up.

April 23, 2006 Seven Iraqis died when three mortars hit just outside the heavily guarded Green Zone in the capital, not far from Iraq's Defense Ministry. Police Lt. Maitham Abdul-Razzaq said it was hard to identify the seven dead because the powerful blasts and shrapnel severed their limbs and destroyed their identification cards.

April 28, 2006
Two mortars or rockets were fired at downtown Baghdad's heavily fortified Green Zone, where Iraq's government meets and the U.S. Embassy is located.

November 22, 2006 A bomb exploded in an armored car among those belonging to the speaker of Iraq's parliament, Mahmoud al-Mashhadani wounding the American security guard who was driving it out of a parking area in the government Green Zone.

January 25, 2007 Two mortars bring Green Zone under assault. The U.S. military said six people had been wounded, five of them slightly, but little damage was caused to buildings.

March 22, 2007 Insurgents attempt to assassinate United Nations Secretary-General Ban Ki-moon during his visit in Baghdad. The rocket attack caused no injuries but rattled the heavily guarded Green Zone. It struck right after Prime Minister al-Maliki, standing next to Ban, had finished telling reporters that Ban's visit was a sign that Iraq was on the road to stability.

March 23, 2007 A suicide bomber passed through security checkpoints undetected on 23 March and was able to detonate his belt next to Salam Zikam Ali al-Zubaie, Iraq's deputy prime minister, as he left afternoon prayers. Nine people were killed although, remarkably, Mr Zubaie survived.

March 27, 2007 A U.S. soldier was killed and another wounded from indirect fire -- a term usually used for mortars or rockets -- in Baghdad's heavily fortified international Green Zone on Tuesday, the U.S. military said. A U.S. government contractor was killed as a result of a rocket attack on the Green Zone on Tuesday, the U.S. embassy said in a statement.

April 12, 2007, Iraqi Parliament cafeteria hit by suicide bomber invasion, killing at least 26 and injuring 54.

Monday, April 30, 2007 (See May 1)

Tuesday, May 1, 2007 (See May 3) Mortar rounds slammed into the U.S.-controlled Green Zone on Tuesday, with one striking within 100 yards of the Iraqi prime minister's offices, a government official said. No casualties were reported. It was the second attack against the Green Zone in 12 hours. The first round of explosions occurred at about 10 p.m. Monday and another round struck at about 10 a.m. Tuesday.

May 2, 2007 (See May 3)

May 3, 2007, four Filipino contractors working for the American government are killed in a rocket attack. The deadly incident was at least the third straight day the Green Zone was attacked, according to the HeraldNet

May 9, 2007 Cheney spoke less than an hour after an explosion could be heard in the embassy. Reporters covering the vice president's unannounced visit were briefly moved to a more secure area. (not sure if this was "in" the Green Zone.)

May 15, 2007 (See May 16).

May 16, 2007 At least nine apparent mortar rounds slammed into the U.S.-controlled Green Zone on Wednesday, wounding at least six people, the second such attack in as many days. (actually 10 rounds, two dead, more injured). AP details.

May 19, 2007 Green Zone attacked during British Prime Mister Tony Blair's visit.

May 21, 2007 A mortar shell struck the roof of Iraq's parliament inside Baghdad's heavily protected Green Zone on Monday, shaking the building but causing no casualties.

June 14, 2007 Insurgents fired a barrage of rockets into the Baghdad Green Zone, hitting a street Deputy Secretary of State John Negroponte had visited just minutes before. Police said there were some casualties but no other details were immediately known.

June 21, 2007 At least four mortar rounds landed inside Baghdad's heavily-fortified Green Zone which houses the U.S. embassy, an Iraqi interior Ministry official said. A column of black smoke was seen rising from the Green Zone.

July 4, 2007 (almost) U.S. helicopters attacked a group of extremists preparing to fire a rocket toward the Green Zone, the U.S. military said Wednesday.

July 7, 2007 Four consecutive explosions were heard by KUNA's correspondent here [in green zone], likely to have been caused by mortar shells, and were followed by the wailing of sirens.
Columns of thick black smoke were seen, apparently from a fire that had erupted at one of the locations.

July 10, 2007 Insurgents unleashed their most intense mortar attack to date on the Green Zone on Tuesday, killing 3 people and wounding 18, according to a statement from the American Embassy. [A]ccording to one American official in the Green Zone who spoke on condition of anonymity, the attack may have involved as many as 31 mortar shells.

At least 20 mortar rounds and Katyusha rockets struck the fortified Green Zone on Tuesday afternoon, killing an American service member and two other people in an attack on the heart of U.S. and Iraqi government facilities in the capital.

August 2, 2007
More than ten mortars fell in the early hours of Monday onto the fortified Green Zone in central Baghdad, eyewitnesses said. "Over ten mortars landed into the Green Zone in central Baghdad," an eyewitness told the independent news agency Voices of Iraq.

Lighter Side:

Jon Stewart video interview with Rajiv Chandrasekaran, author of "Emperial Life in the Emerald City."

Sources:

1. Raw Story, Edwards and Sheehan, May 17, 2007, includes video.

2. Associated Press, Cheney visits Iraq to press for progress, May 9, 2007

3. The Atlantic Monthly, William Langewiesche, Welcome to the Green Zone, November 2004.