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12 13th, 2011| 
Reuters – Hedge fund multimillionaire Raj Rajaratnam began serving his 11-year prison sentence on Monday – the longest on record for insider trading – at a former military base near a small, leafy Massachusetts town. Read the rest of this entry »
Reuters – The chief of the Air Force was questioned by lawmakers Thursday over revelations the military’s main mortuary lost track of body parts of war dead and even dumped ashes in a landfill without telling families. Read the rest of this entry »
Reuters – A U.S. Army specialist who was arrested at a military base in Alaska last month on suspicion of spying was formally charged on Monday with attempted espionage, an Army spokesman said. Read the rest of this entry »
Reuters – Menachem Begin did not pull his punches. In 1981, as work neared completion on an Iraqi nuclear reactor that Israel believed would produce plutonium for warheads, the Israeli prime minister dispatched eight F-16 bombers to destroy the plant. Begin later said that the raid was proof his country would “under no circumstances allow the enemy to develop weapons of mass-destruction against our people”. Read the rest of this entry »
Reuters – Raytheon Co and L-3 Communications Holdings on Thursday reported a drop in quarterly sales, but the defense contractors cited rising backlogs as a cause for optimism in the face of falling defense budgets. Read the rest of this entry »
Reuters – Boeing Co posted a larger quarterly profit on Wednesday, topping analyst forecasts, on strong commercial and military sales, and the company raised its earnings forecast for the full year. Read the rest of this entry »
