Virtual Worlds Vs The War on Freedom

Thats Right...  "Your Avatar has the right to remain docile and ineffectual.  Should you waive that right, you could be totally banned from the Sim.."  The metaverse knows no bounds when it comes to surprises- including that the security threats posed by criminals(?) in VR environs such as Second Life, World of Warcraft,& the upcoming Sony Home- are not only fearsomely real, they must be stopped.

SUE 'EM GOOD !!!

( from The Calgary Herald)

Merrill Lynch & Co., Morgan Stanley and Citigroup Inc. were among underwriters accused in a lawsuit of misleading investors in a $2 billion offering of Fannie Mae securities in May.

The suit, filed Tuesday in Manhattan by shareholder Nicholas Crisafi, also names units of UBS AG and Wachovia Corp.

"They grossly overstated Fannie Mae's capitalization, claiming that the company had a substantial capital surplus when in fact it was including on its balance sheet, at full value, about $36 billion in deferred tax assets that were in fact valueless," according to the complaint.

The U.S. government seized control of Fannie and Freddie Mac on Sept. 7.