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Feds Sue Big Oil Traders for Goosing Prices

Regulators say they scored $50M by manipulating '08 spike

(Newser) - Federal regulators have charged a pair of big-time traders and their firms with illegally manipulating oil prices during the 2008 oil crisis. According to the Commodity Futures Trading Commission, the firms made $50 million in “unlawful profits” by hoarding nearly two-thirds of the oil available in one major US... More »

Newfound Altar Predates Zeus Worship

Archaeologists uncover evidence of ancient pre-Greek diety

(Newser) - Archaeologists in Greece have unearthed the remains of an altar that predates Zeus worship, the New York Times reports. The evidence of animal sacrifices to an unknown deity thousands of years ago turned up during excavation of a temple to Zeus in Greece's Arcadia region. “We went from BC... More »

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