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Category Archives: Cloning
Scientists who cloned Dolly the sheep ‘in talks over coronavirus treatment’ – Metro.co.uk
Posted: April 11, 2020 at 3:50 am
The lab which helped to clone Dolly the sheep are set to help in the fight against Covid-19 (Picture: PA)
The scientists responsible for cloning Dolly the sheep are reportedly in talks with the Government over a potential coronavirus treatment.
Researchers from TC Biopharm near Glasgow have used the new therapy which uses immunity-building cell transfusions to successfully treat cancer and plan to use immune cells from young and healthy volunteers to battle Covid-19.
The Daily Telegraph reported they are now hoping it will also work against the virus, and are in talks with the Government to trial the therapy for that purpose. It is hoped that the therapy will be available in NHS hospitals by July.
Dr Brian Kelly, senior strategic medical adviser to TC Biopharm, told the paper: One of the key challenges of fighting viral infection is to develop something that is going to attack the infected cells and not the normal cells.
So the solution that we came up with was to look at the bodys natural defences to viral infection.
Dr Kelly continued: In patients who have successfully fought a viral infection, they have expanded their own immune system and that persists after that to stop them becoming infected again.
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The donor T-cells differ from normal immune cells. That is because they do not identify invaders in the body based on alien protrusions on the surface of cells, but by detecting the unusual metabolism of viruses.
When the donor cells detect a virus, they begin to destroy while also signalling it to the rest of the immune system as an alien intrusion requiring eradication.
Dr Kelly said that with this approach even if the virus mutated and returned to a body the infusion exercise could be repeated and would still work.
TC Biopharm was founded by Angela Scott, who was part of the team who cloned Dolly the Sheep in Edinburgh in 1996 in an iconic scientific moment.
There is currently no cure for Covid-19 though various vaccines are at different stages in their development across the world.
Today the UK recorded another surge in deaths linked to people hospitalised with Covid-19, as a toll of 708 brought the official total to more than 4,000.
Get in touch with our news team by emailing us atwebnews@metro.co.uk.
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Animal Crossing: New Horizons item cloning exploit lets devious players rake in the Bells – Eurogamer.net
Posted: March 24, 2020 at 5:35 am
Isabelle wouldn'tapprove.
Unscrupulous (or go-gettingly enterprising, depending on your perspective) Animal Crossing: New Horizons players have a crafty new tool at their disposal in their quest for financial superiority, arriving in the form of a freshly discovered item duplication exploit, enabling them to rack up hundreds of thousands of Bells with minimal effort if they so choose.
While some new island dwellers have been content to earn a crust the good old-fashioned way since New Horizons launched on Friday - through hard toil and, you know, selling a bunch of bees - others, using a method outlined by GameXplain, are riding roughshod over the laws of physics to conjure duplicate items out of thin air and flog them for potentially limitless funds.
All that's required in-game is a second player, the item you want to duplicate, and some sort of box or stand to put it on. First, the object in question must be placed on the box, which one player should then start rotating. The other player, meanwhile, should grab the object with Y, causing a copy to be added to their inventory while the original items stays where it is.
The process can then be repeated for further duplicates of that item, or to hoard boundless copies of any other item that a player has already acquired.
What you do with those duplicates is, of course, up to you; perhaps you'll spend your days rolling seductively around your living room abound in soft fruit, or perhaps, more practically, you'll make your rapid fortune by participating in some sort of illicit tarantula trade.
Becoming a Bellionaire in record time does seem to run counter to Animal Crossing's whole slow-and-steady ethos (this is, after all, a game that makes you toil for a damn item wheel), but can we really begrudge players grasping for a bit of financial stability in this darkest of timelines? We'll know how Nintendo feels about the whole thing based on how swiftly it decides to patch the sneaky glitch out of the game.
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Hard Drive Cloning Software Market Segmentation and Analysis by Recent Trends, Development and Growth by Regions to 2025 – Express Journal
Posted: at 5:35 am
The recent study on Hard Drive Cloning Software Market Share | Industry Segment by Applications (Large Enterprises and SMEs), by Type (Cloud-based and Web-based), Regional Outlook, Market Demand, Latest Trends, Hard Drive Cloning Software Industry Growth & Revenue by Manufacturers, Company Profiles, Growth Forecasts 2026. Analyzes current market size and upcoming 5 years growth of this industry.
The Global Hard Drive Cloning Software Market gives us an in-depth overview of the research trends for the Financial Year 2020. This Report studies the Hard Drive Cloning Software industry on various parameters such as the raw materials, cost, and technology and consumer preference. It also provides with important Hard Drive Cloning Software market credentials such as the history, various expansions and trends, trade overview, regional markets, trade and also market competitors.
Trade analysis of the market is also the key aspects of the report as it provides information on the import and export of the product across the globe. Analysis tools like SWOT analysis and Porters five force model have been provided to present a perfect in-depth knowledge about Hard Drive Cloning Software market. The industry is also been analyzed in terms of value chain analysis and analysis of regulatory policies.
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The major market players operating in the industry are:
The study also illustrates the competitive landscape of foremost manufacturers in the industry with their diverse portfolio and geographical expansion activities. The Hard Drive Cloning Software market also includes participants financial overview which consists of an assessment of revenue outcomes, sales volume, gross margin, cash flow, capital investment, and growth rate which will allow clients to gain intact knowledge of participants financial strengths and position in the global Hard Drive Cloning Software industry.
By the product type, the market primarily split into:
By the product Applications, the market primarily split into:
Scope and Segmentation of The Report:
Our expert analyst has categorized the market into product type, application/end-user, and geography. All the segments are analyzed based on their market share, growth rate, and growth potential. The growth potential, market share, size, and prospects of each segment and sub-segment are portrayed in the report. This thorough evaluation of the segments would help the players to focus on revenue-generating areas of the global Hard Drive Cloning Software market.
Highpoints of Hard Drive Cloning Software Industry:
The study objectives are:
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I would clone my dog and Im not ashamed to admit it – The Guardian
Posted: March 5, 2020 at 6:27 pm
You are at level one of crazy dog parent when you throw your pooch a birthday or bark mitzvah. You are at level two when your dog has more clothes than you do. And you are at level 100 when you store your dogs skin samples and spend $50,000 (39,000) to clone it.
David and Alicia Tschirhart are level 100 pet parents. The Californian couple made headlines recently for cloning Marley, their pet Labrador. Marley was an extremely good boy; he once fought off a rattlesnake, possibly saving a pregnant Alicias life. When Marley died from cancer, his owners had a hard time letting him go, so they didnt: they used a pet cloning company to create a genetically identical puppy called Ziggy. They have the same personality, they play the same, they favour the same toys, Alicia told reporters.
I didnt grow up with pets, apart from a short-lived stick insect (regular readers may remember poor Fatima). So there was a time when I would have thought anyone who cloned a dog was barking mad. I would probably have been holier than thou about how irresponsible it was to spend a fortune genetically reproducing an animal. I would have wrung my hands over celebrities such as Barbra Streisand, who cloned her dog Samantha and then had the facsimiles pose at the grave of their mother.
That was in the years BC (before canine). Now that I have a dog, I understand completely. If money were no object I would 100% clone Rascal, my tiny rescue mutt. Rascal has never saved me from a rattlesnake and, to be honest, I doubt he would. He would probably just sniff the snake while it killed me. But he has saved me in other ways and I would do anything to extend my time with him. It would be a doggone shame not to.
Arwa Mahdawi is a Guardian columnist
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‘Star Wars: The Rise of Skywalker’ Novelization Reveals Rey’s Father is a Failed Palpatine Clone – /FILM
Posted: at 6:27 pm
One of the biggest surprises to come out ofStar Wars: The Rise of Skywalkerwas its controversial revelation that Rey wasnt actually nobody. But less surprising is that theStar Wars: The Rise of Skywalker novelization continues to give us information about the movie that we never asked for. The latest is another whopper about Reys identity or rather, her fathers identity.
TheStar Wars: The Rise of Skywalker novelization reveals that Reys father is actually a failed Palpatine clone, thus ending the months-long discussion over what woman would actually let a wrinkled, undead Palpatine father her child.
Youve probably heard the revelation that the Palpatine we see inStar Wars: The Rise of Skywalker isnt the exact same Palpatine we saw in the prequel and original trilogies. Before his demise inReturn of the Jedi, Palpatine transferred his consciousness into a clone body, which led to the decaying form we ultimately meet inThe Rise of Skywalker. When Rey meets her grandfather for the first time, she passes by other unfinished clones, which means he had tried this process before. Little does she know, the last clone attempt was her own father.
During the scene when Rey pretends to take part in the Sith Ritual on Exegol to trick Palpatine, she has visions of her grandfathers past. In this vision, the novelization describes (via ScreenRant) that Palpatine thrust his consciousnessinto a clone body, but the transfer was imperfect and the members of the Sith Eternal worked to engineer a new vessel for Palpatines essence. One of these attempts was labeleda useless, powerless failurewho wasa not-quite-identical clone. That failed clone would still manage to live on, escape Exegol, meet Jodie Comer, and become Reys father.
This isnt the first time that cloning has produced offspring in the galaxy far, far away. When Jango Fett agreed to be cloned for the Republicans army on Kamino, he received as part of his payment an unaltered clone who aged normally and became the iconic Boba Fett. And of course, theres the former Supreme Leader Snoke, who also ended up being a clone. No word yet on whether he is anyones grandfather.
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Send In The Clones – Escalon Times
Posted: at 6:27 pm
How is it that February had one extraday this year and yet it seems like I still lost a couple of weeks out of themonth?
Honestly, it feels as though I missedout on some things because I felt they were still several days away when inreality, they had already happened.
It was Saturday, Feb. 29 which wasfull of events for me to cover in Escalon when I realized that somehow, theRead Across America event to celebrate Dr. Seusss birthday had been observedthe day before, on Friday. I was driving by Dent Elementary School which hadsent me an invitation to be a guest reader when that fact hit me. Having beena reader in the past it would have been fun to do so again, and I always,always get to at least a couple of the Escalon schools to cover the event. Butnot this year.
So what happened? Just too much elsegoing on and not marking the date on my calendar as soon as I got theinvitation to read. It just quietly slid right past me. We also were wrappingup two other outside publication projects on Friday (yes, we routinely work onmore than just our three weekly newspapers) so there wasnt much time duringthe day for anything else.
It left me feeling sad, though, as Ilook forward to many of these school site events.
Saturday, however, was a day ofcelebration for Escalon, as the high school observed its 100th anniversary andthere was plenty of other good stuff happening as well, including home baseballgames and the fun color run first thing in the morning.
Sunday, as I picked up a few groceries,I ran into a friend who said she was surprised she hadnt seen me covering anevent that occurred Saturday in Oakdale. As I shared that I was already busywith three events in Escalon but I would have gotten to Oakdale if I could have,she simply asked: You mean you havent been cloned yet?
We both chuckled over that and I toldher I would check with my boss to see if that is something we should look into.So far, there has been no cloning; I just keep up a pretty hectic pace.
Also on Sunday, I was able to take acouple of hours out of the day to be entertained by the version of ToyStories put on at the Oakdale High School theater by the Drama Department, asort of compilation of all four movies in the series. Their production kept thoseof us in the matinee audience laughing and there were lots of standoutperformances.
Definitely a whirlwind weekend butpacked with plenty of fun and work that didnt necessarily seem like work.
Now we dive into March and personally,even though it would wreak havoc on spring sports schedules, I really hope weget some rainy weather to make up for what was nearly a precipitation-freemonth of February. There has already been talk of the drought word so Im notsure any of us would mind a few rainy days over the next few months if we couldavoid that situation.
We are also now entering the zone wherethings seem to start happening fast. Once the holidays are over and we get intospringtime, it is almost like time itself goes into overdrive, at least in ourbusiness. One day its early March and the next, we are getting ready for highschool graduation ceremonies and people are putting in time off requests forsummer vacation.
Between now and then, though, there willbe plenty to both keep us busy and to fill the pages of the paper from theOakdale Rodeo to Easter egg hunts to the Chocolate Festival and Relay For Life.
And, I am actually already thinking ofgetting away for a bit of a summer vacation this year myself.
Well, if that cloning thing comesthrough. Stay tuned.
MargJackson is editor of The Escalon Times, The Oakdale Leader and The RiverbankNews. She may be reached at mjackson@oakdaleleader.com or by calling 847-3021.
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Cheque cloning in Kochi: How north Indian racket scammed banks of Rs 2.6 cr – THE WEEK
Posted: at 6:27 pm
Even as banks are bolstering security at multiple levels, they are yet to plug significant loopholes especially in securing deposits and preventing fraud. In a major scam unearthed in Kochi, unidentified fraudsters siphoned off crores of rupees from various nationalised banks using cloned cheques last year.
More than Rs 2.6 crore were siphoned off in five transactions from Punjab National Bank, Central Bank of India, Union Bank of India and Canara Bank. It is suspected that a racket based out of north India could be behind the fraud. It is suspected that more banks may have fallen prey to fraud in this manner.
Modus operandi
Preliminary assessments revealed the fraud was committed by printing exact copies of the cheque leaves issued to account holders. Their signatures could also have been forged.
The money was withdrawn from the accounts in bank branches in Uttar Pradesh and Maharashtra by people from these same regions. However, the cheque was given for clearing in Kochi and nearby areas.
When money is withdrawn from the account, the account owner gets a message. However, none of the affected accounts in this case belonged to individuals. These are rather owned by institutions such as colleges, schools and societies, and thus the messages likely went unnoticed. These institutions usually check the account statements periodically.
From Faridabad to Kadavanthra
The fraud happened during August-September 2019.
The cheque issued in the name of a company for Rs 43,10,119 from the account of a consumer forum at the Punjab National Bank's Faridabad branch in Haryana was deposited in the drop box of the Central Bank's Kadavanthra branch.
The cheque was passed by the clearing house in Chennai. The money transferred was withdrawn from the account in the following days. This account owner is yet to be traced.
The consumer forum approached the bank after a month, pointing out that no cheque was issued for Rs 43 lakh. The cheque book was also presented, taking the lid off the cheque leaf cloning fraud.
In a similar manner, three cheques of the Canara Bank were used to withdraw Rs 30 lakh, Rs 40 lakh and Rs 40 lakh on various days.
Rs 1.10 crore was siphoned off from the Central Bank. The scam was unearthed after a cheque of Rs 31 lakh from the Union Bank was detected to be fake at Canara Bank's Aluva branch. Then the Canara Bank general manager sent a circular on the fraud to various branches on December 23.
Whodunnit?
It is not known whether any bank staff had colluded with the fraudsters and given details of the money in the accounts and the signatures of the account holders. Nor is it clear whether the banks have apprised the Reserve Bank of India of the fraud. The role of institutions that print cheque books on outsourcing basis is also under the scanner.
(This story was originally published in onmanorama)
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Cheque cloning in Kochi: How north Indian racket scammed banks of Rs 2.6 cr - THE WEEK
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Spy vs Spy: cloned phones, break-ins and rogue agents all in a days work at the State Security central – Daily Maverick
Posted: at 6:27 pm
Minister of State Security Ayanda Dlodlo. (Photo : Moeletsi Mabe / Sunday Times)
So thoroughly have South Africas security and intelligence services been corrupted and repurposed that if they were an ailing person in need of psychological diagnosis, one would immediately offer pathological liar.
And so we must treat information that the cellphones of State Security Minister Ayanda Dlodlo and her deputy, Zizi Kodwa, as well as those of several other ministry officials, had been cloned, with the prerequisite caution.
So too reports that an undisclosed sum of money, as well as classified documents, had been stolen from the safe of the State Security Offices in Pretoria in January in what is believed to have been an inside job.
That is what unfortunately happens when state institutions are unconstitutionally repurposed, plundered, corrupted and weaponised as political tools in factional battles.
The security needs of the South African Republic play second fiddle to those who have climbed the greasy pole of politics and personal power, and this is especially so in the murky and unaccountable world that passes for South African intelligence.
The phone cloning story first surfaced on 26 February 2020, in Independent Group titles. The incident was later confirmed by department spokesperson Mava Scott who told News24 that the matter had been reported to the Gauteng SAPS, which had allocated high-profile investigators to look into the matter.
On the surface, this would appear to be perfectly reasonable until one pauses to grasp for logic and to ask the question: Why take it to the SAPS? Surely the State Security Agency has its own counter-intelligence capacity?
Until you realise that its own counter-intelligence capacity might not be on the books at all and that the Special Operations Unit (SOU), headed by Zumas spy Thulani Dlomo and its 186 rogue agents have still not been rounded up by law enforcement agencies.
This is despite evidence to the Zondo Commission of Inquiry into State Capture and the findings of the High-Level Panel Review report on state security which found the SOU was being run as a private, parallel and unconstitutional unit reporting only to Jacob Zuma while paid for by the citizens.
In fact, it was the inspector-general of intelligence himself who revealed, during a conversation with the public protector, that about 186 rogue SSA agents were still out there somewhere, operating merrily, unaccountable to the SSA or anyone else. They had access to safe houses stuffed to the rafters with cash.
So, what do we know about the phone cloning?
The lore so far is that a message appeared to have been sent from Kodwas mobile phone to other staffers in the department. It is an important detail as these are ministry and not SSA staff.
Kodwa has insisted he did not send the message and it was this that led to the discovery that the phones of the ministers and officials had been cloned. Of course, it would shed a tiny shard of light should Deputy Minister Kodwa share the message sent from his phone. It would provide a vital clue as to the intention of the cloners.
When the message was sent and how the cloning of the ministers phones, as well as that of other officials, was discovered would also help to unravel the tight knot of smoke and mirrors.
But perhaps something is being pre-empted here?
Perhaps, in time, some sort of message will surface and when it does Kodwa will be able to respond whether this is/was the message sent from his cloned phone.
The most baffling question is, why hand the matter to the SAPS when the SSA should surely have some sort of relatively reliable counter-intelligence capacity despite the deep rot? Are there no ethical members who can be relied on?
Maybe not.
Experts in the field are in agreement that once suspicions have been raised that a phone or device has been cloned the best and most logical course would be to keep it quiet, set a trap and bust the snooper.
Detective work 101.
One would imagine that the Ministry of State Security and its staff would have sophisticated encryption software on their government-issued phones. Whoever it was that allegedly cloned the phones themselves must have been in possession of sophisticated systems.
Which points to the rogue SOU and Dlomo, with the SOUs immense capacity built up over years.
So, are Dlodlo and Kodwa the targets of a disinformation campaign?
While Dlodlo came out in a full-throated support of ANC SG Ace Magashule in 2018, she is known to be flexible.
Dlodlo has been in reported conflict with SSA domestic branch head Mahlodi Muofhe. The SSA acting head, Loyiso Jafta, too is viewed as being a Thuma Mina acolyte.
There are those who are of the opinion that the High-Level Panel Review report did not go far enough. Sure, it exposed the whole shadow world of Zumas private army of spies who blew billions in taxpayers money, but the institution itself should have been disbanded
It has been a long time coming.
We should not only blame Zuma for the mess which continues to place South Africas national security at risk every day.
As Professor Jane Duncan noted in her 2018 book Stopping the Spies Constructing and resisting the surveillance state in South Africa, the rot is not episodic but systemic. The illegal spying on domestic political groupings as well as anyone else in the republic has virtually been normalised for more than 20 years.
Duncan notes that the downhill trajectory began around 2003 when the Thabo Mbeki presidency required an expansion of the NIAs mandate, resulting in a directive that included political and economic intelligence.
In the case of political intelligence, the NIA was to focus on the strengths and the weaknesses of political formations, their constitutions and plans, political figures and their role in governance, said Duncan.
By 2004, the intelligence service had ballooned in size and personnel and accounted for an unsustainable 74% of the total domestic intelligence budget.
In 2005, signs emerged that intelligence operatives were becoming embroiled in the factional battles in the ANC: a problem that was proved to exist by a commission of inquiry which partly blamed the culture of secrecy in the intelligence services as the problem.
These are dangerous times.
A tipping point will soon be reached as the vast, deep and dangerous network of corrupt officials most of whom belong to the ruling party across all government departments are exposed and their pipelines to unlimited illicit funds are slowly being shut off in an attempt to bring South Africa back from the brink.
In the meantime, always remember, where there is smoke, there are mirrors, and often a raging fire. DM
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Phish Sends In The Clones As They Float Above MSG, Rescue Squad Saves Trey On NYE [Photos/Videos] – Live for Live Music
Posted: January 6, 2020 at 5:49 am
Phish rang in 2020 to a sold-out crowd at New York CitysMadison Square Garden like theyve done a dozen times before. While they have played other New Years Eve shows outside of the Big Apple over the years, no place feels quite as much like home as the Garden. The newest decades gag did not see the band pull off a midnight-to-sunrise set, a runaway golf cart marathon, a JEMP truck ride, or hot dog flight, but it was the third set that fans new and old will remember forever.
Looking back to previous Garden parties, the 12/31 calendar date does not typically top the other nights of the run in terms of musical exploration, expansive jams, or massive bust-outs, but that doesnt stop Phish from being unapologetically Phish at the transition of each new year.
Following their stellar, jam-filled 12/30 show on Monday night, the band took the stage loose and excited to have fun as the Disney sample from 2014s Chilling Thrilling Sounds of the Haunted House Halloween set blared through the arena. The Martian Monster opener was followed by Buried Alive in its customary early-first set position. Digging further back into their massive repertoire, Trey Anastasio shined as Phish continued to get this show on the road with a sing-along AC/DC Bag.
The World Most Famous Arena in the central part of Manhattan was treated to a lengthier-than-usual Halleys Comet next, complete with an impressive light display by designer Chris Kuroda. Since Comet returned to orbit in 2009, it hasnt been given the improv treatment fans of earlier Phish years enjoyed, but Tuesday night was another story as Mike Gordon and Page McConnell developed a funky synth-bass groove that eventually morphed into Prince Caspian.
A standard, high-energy Sparkle and a short but potent Axilla led to the first banter of the antics-filled night. All four band members continued the hit in the head with a pan story tangent from the 12/30/19 show, adding a new layer to the true tale. After Storytime Trey amusingly placed the pan story version of himself in a hallucinated recreation of the classic Steven King movie, Carrie, Trey and Page joked that they were fuzzy on the rest of the details of the strange saga.
It was Gordon who finally chimed in on the saga of the pan with a useful new insight: You know, Im starting to figure something out here, Mike hypothesized. Its a different kind of pan! Its the panflute. Who was the guy from the TV commercials that played the pan flute?
Oh, I think, are you saying Zamfir? Fishman offered. I remember that guy! He continued, And there was a weird thing about that guy. That, uh, I think the guy died, but if you say his name, you can conjure him. All you gotta do is say his name, hes got one of those magical names. Fishman then put that theory to the test, calling out the pan flutists name. As he did, haunting pan flute melodies and TV infomercial audio began to play over the sound system. Just like that, Zamfir (a.k.a. tour manager Richard Glasgow), ambled onstage with his pan flute. Yes, it was just as strange as it sounds. Weird sh*t happens when you hit me in the head with that pan, Fishman confirmed. This is amazing, added Trey, doing his best to hold back his laughter.
Phish Zamfir Story 12/31/19
[Video: monihampton]
To finish the whacky story and introduce Maze, McConnell utilized the THX Deep Note effect introduced with much hilarity at the 11/30/19 show in Providence, Rhode Island. The Chairman of the Boards took the spotlight during the rocking Maze, jumping from organ to grand piano before Anastasio kicked off an always-welcome Fluffhead. Rise/Come Together closed the interesting first set, giving fans a few moments to discuss the Zamfir story and sit-in with appropriate confusion.
Punch You in the Eye opened the second set for the first time since the standout July 19th, 2017 rendition and immediately got the floor of the arena shaking once again. Wolfmans Brother was funkified by a juicy Clavinet-bass groove that Anastasio used as a launchpad for his intricate riffing. While the experimentation didnt exceed the 10-minute mark, Tuesday nights Wolfmans once again contained a dark improv section, as it has throughout 2019.
An excellent Light kicked off the strongest portion of the set with a synthy, ethereal section that moved into a heavy peak before Anastasio pulled the plug and dove into Twist. Gordon plucked away to create dank bass undertones that paired nicely with Fishmans choppy drum fills. The guitarist summoned the spirit of Jimi Hendrix and developed a dirty riff reminiscent of Foxy Lady as the entire band built upon the sinister Twist to combat the tranquil Light that came before it, completing a two-song segment thats surely worth revisiting.
Soul Planet reminded New Years Eve veterans of the 2017-2018 run inside the same venue, where a massive pirate ship brought the glowing-wristed fans into January 2018. A danceable, funky breakdown in Soul Planet was short-lived as the band transitioned into a relatively standard Mercury and a faster-than-usual, dynamically varied Possum to close out the second of three sets.
As the lights came up for setbreak number two, a swarm of stagehands descended upon the stage, presumably to set up for whatever shenanigans were coming in set three. Except Wait, are they putting everything away? Sure looks that way. As setbreak wore on, the crew quickly packed up all the gear on stage, leaving only a few nondescript black boxes and a chorus of confused queries of but what are they going to play on? echoing throughout the crowd as the clock approached midnight.
As the lights went down to beckon the final act of the nightthe stage still conspicuously emptythe voices of the band members began to emit from the PA. Hello? Hey, Trey? These microphones are not on, are they? asked Page. Nope, Treys voice responded. Our microphones are not on. No one in the Garden can hear a single word we say.
As the Garden roared with laughter, Page continued, unaware that the crowd could hear him, I am so excited right now, I cannot contain myself. I cant believe we are about to walk on stage and perform an entire set ofjazz ballads, a cappella, for our New Years extravaganza. Added a giddy Trey, 25 years into our career at MSG, we arefinally gonna give the people what they want and walk on stage and do an entire set of jazz a cappella ballads for our New Years set. Its gonna be perfect. The crowd cheered and groaned as they crossed their fingers that this was, indeed, a joke.
Fishman continued, That is, provided that Zamfir does not show up at the last second and hit us with a pan. Because whenthat has happened in the past strange things have occurred.
You know what I think, Mikes body-less voice added. I think thats him right there walking toward us! So weird. The requisite sound effects ensued as the Garden heard the pan flute master once again accost The Phish with his pan.
With that, the members of Phish slowly strode onstage in peculiar outfits as the piano intro to Send In The Clowns began to play. Fishman donned an inverted version of his ubiquitous muumuu (red dress, blue donuts), while the remainder of the band sported solid-color outfits and headset microphones: Page in blue, Trey in green, and Mike in yellow. True to their word, the four colorful musicians started into a (mostly) a cappella rendition of the classic number from the 1973 Stephen Sondheim musical, A Little Night Music. So theyre actually doing this, huh?
However, as Send In The Clowns continued, fans quickly became aware that something strange was afoot. With excitement, Trey altered the lyrics of the song to Send In TheClones. The rest of the lyrics proved to be telling, as well. File away me here at last on the ground, you in mid-air, one who keeps tearing around, one who cant move, making my entrance again with my usual flair and well maybe next year for later
As the band reached the end of Send In the Clones, Trey emphasized the songs final lines. Where are the clones? There ought to be clones! Send in the clones! Send in the clones! Send in the clones!
Phish Send In The Clones 12/31/19
[Video: monihampton]
After a moment of suspense, the band cleared the stage once again, only to reappear shortly after when four free-hanging, colored platforms filled with colored instruments matching the bands outfits descended from the ceiling. As Phish launched into First Tube while suspended in mid-air, dozens of clones of each memberwith outfits identical to those worn by the band, down to shaggy, red wigs worn by the Trey clones and the bald-spotted wigs for the Page clonesflooded the empty stage underneath the floating musicians.
The Phish clones would remain onstage throughout the set, performing elaborate, synchronized dance numbers and choral flourishes as their originators played overhead, rising and falling in time much like the lights on Kurodas rig. Later, theyd pull out a set of long, thin mirrors to reflect the stage lightingeffectively cloning Kuroda, as well.
As the final minutes of 2019 ticked away, the platforms were lowered back to normal stage level while the clones constructed appropriately colored risers behind the band out of the mysterious black cases left onstage at setbreak. The colorful Phish clones served as the backing choir the customary New Years countdown and ensuing Auld Lang Syne and balloon drop before helping the still-floating band usher in 2020 with a Sand extravaganza. The clones continued to dance and sing through the theatrical Sand as the bands platforms lifted and droppedthat is, except for Anastasios. Strangely, he had stopped moving with the rest of the band
Phish w/ Clones First Tube > Auld Lang Syne 12/31/19
[Video: monihampton]
A sense of anxiety soon began to set in for the Garden crowd. Was a clone going to replace Trey for good? Was he actually in danger? Was this all part of the gag? Phish loves to elicit that oh-so-familiar what the f*ck is going on? reaction from their fans, but even the band shared this sentiment as the reality of the situation set in. As the rest of the bands platforms dropped to stage level, Trey remained conspicuously suspended. The green-suited guitarist was, indeed, stuckthe band here at last on the ground, Trey in mid-air.
Heres where things got hairy. A long pause ensued as the MSG crew tried to figure out how to get Trey down while Anastasio no doubt reflected on the Murphys Law situation going on before his eyes: There he was, just after midnight on New Years Eve, at the dawn of a decade, in a green suit, at a sold-out Madison Square Garden, celebrating the 25th anniversary of the bands first MSG show with an elaborate, aerial stuntand his sh*t just broke in mid-air. The situation had moved beyond gag status. This was real. Trey was stuck hanging precariously above the Garden crowd with half a set still left to play. What in the world do you do from here?
After several minutes (which felt like an eternity) of waiting nervously, Trey began to cautiously joke about his current predicament. Well, he said with sincerity, I guess, if Im about to fall to my death, I might as well tell you guys all how much I love you. So much! At least this is gonna be one of the great rock and roll deaths that youll all be a part of. Kind of always wanted to go out with a bang, so
Fishman tried to add some levity to the situation, joking that I think youd just get maimed from there its not high enough for death. Dont worry. Death dont hurt very long But the comic relief did little to quell the mounting nervousness that permeated the Garden. Even Treys quip about how this would be a good time for him to do one of thoseEddie Vedder crowd divesyou guys will catch me, right? did little to ease the tension.
As fans will remember, the 12/30 Pan Story ended with Trey joking about how he felt like he had walked himself out onto the edge of a cliff with nowhere to go. As the New Years gag born from this bizarre tale went further off the rails with each moment Trey remained stuck, that imagery became all too real.
After receiving word from in his earpiece that they were not, in fact, going to be able to get him down, Trey cautiously decided that the show must go on: Hey Carm, Im just gonna play it from up here. F*ck it, just leave me up here.
With that decision, Trey cautiously started into Drift While Youre Sleeping, the Phish clones below continuing their choreographed antics. Its probably worth noting that, despite the admirable, rock-and-roll character of choosing to continue, all four band members were notably timid throughout the song. With Phish, you can never really be sure whats real and whats a joke, but the truth shined through in the music. Both Trey and the clones below his faulty platform were potentially in actual danger, and it took the band more than a few minutes to shift their focus from that fact back to the music being played.
Despite the understandable timidness, the clone-assisted set continued admirably with Whats The Use?. While clearly planned ahead of time (see: elaborately choreographed dancing), this song choice felt cosmically appropriate. Whats the use in worrying about how Treys going to get down? Were here, were plugged in, and weve got a wild show planned. May as well go for it.
Its also worth mentioning the clearly apparent difference in Treys body language and playing as his best friends and bandmates continued to rise and fall as planned. When he was suspended solo, he was noticeably reserved, but each time Page, Fish, and Mike rose to his level, he seemed to momentarily regain his full confidence. Plenty of strange things have happened at Phish shows over 35+ years. When Trey was alone above the stage, he seemed to feel exposed, even kneeling to play at points to help keep his balance on the edge of this cliff. But as soon as his bandmates were at his side, he was ready to conquer any obstacle in his path. If thats not Phish in a nutshell, I dont know what is.
The clones cleared the stage as the rest of the bands platforms rose to meet Treys above the stage for You Enjoy Myself. While the band members remained necessarily stationary on their platforms, the Phish clones returned to act out their usual YEM anticsfrom Mike and Trey clones bouncing on trampolines to Trey clones dancing to the Mike bass solo section. As the band moved into the Boy, Man, God, Sh*t section, the aerial guitarist put a noticeable emphasis on the Sh*t!, a tensely amusing nod to his sticky situation.
Phish w/ Clones You Enjoy Myself 12/31/19
[Video: LazyLightning55a]
Unusually, the highlight of this YEM turned out to be the vocal jam, as the clone choir helped Trey conduct some call-and-response melodies with the crowd before eventually winding up in a clone theme of sorts to close things out.
We can assume that, at this point, the band had planned to exit the stage for an encore break. However, with Trey still stuck hanging over the Garden, Phish did what they do best: they improvised.
Thanks, everybody, thank you, a sheepishly giggling Trey announced, Okay, were gonna do something very strange here, but thats cool. Its fun. We just walked off, were back on. This is the encore, and then all four us are gonna watch you guys leave, and then were just gonna stay up here in the airuntil next year! Its the encore!
With that, Phish launched into the Tweezer Reprise that had gone missing on 12/30 as the clones once again took the stage for their final numbera climactic ending to a crazy set, to be sure. But for the crowd, the show was not over. No, we werent leaving until we were sure that Trey was safely on the ground.
As Mike, Page, and Fishman descended to the ground after Tweeprise and started to walk backstage, Trey laughed nervously. You guys are leaving me? What the hell?!
Bye, Trey, Fishman laughed. See you next year, added Page as a helpless Trey continued to laugh at his ongoing predicament.
As Trey continued to dangle, he took to his guitar to pass the time for a little (necessary) bonus improv, crafting an off-the-cuff ditty about how its time to leave. Its a whole new year, and someones coming to rescue me at least I hope so. This is pretty strange, but its kind of cool, I kinda like it up here, theyre gonna rescue me, goodbye, goodbye 2019, lets have a big cheerfor the rescue squad! he sang.
The crowd continued to cheerone could argue, louder than they did for any of the planned NYE anticsas the stage crew mounted Fishmans drum platform and rose to Treys assistance. They placed a bridge over to Treys platform and guided him over to the working lift to help him down. Once again, with nothing but time and an instrument in front of him, Trey sat down behind Fishmans kit and beat out an improvised Rescue Squad chant as he finallythankfullydescended to safety.
The Rescue Squad Saves Trey 12/31/19
[Video: LazyLightning55a]
[Video: monihampton]
The Phish Clones New Years gag was meant to be all fun, games, and spectacle, but after its precarious malfunction, it took on a more sincere air of significance. As we watched Trey dangle from the ceiling, fans throughout the Garden realized their deep love for this man and this band all over again. You cant just clone Trey Anastasio. Sure, its fun to see them do elaborate things like this, but everyone in the hallowed venue seemed to telepathically agree: Wed trade this admittedly amazing spectacle to ensure this mans safety and longevity any day of the week (or year, or decade). Now that hes down, however, were looking forward to the inevitable tsunami of memes, jokes, and future antics born from this stunt gone awry.
So goes the Phish Welcome to 2020. Lets maybe keep the New Years stunts on the ground this year.
Check out a gallery from 2019s Phish New Years Eve show below courtesy of photographerChris Capaci.
[Review by Ben Boivin & Andrew OBrien]
Setlist: Phish | Madison Square Garden | New York, NY | 12/31/19
Set 1: Martian Monster, Buried Alive, AC/DC Bag, Halleys Comet > Prince Caspian > Sparkle > Axilla, Maze, Fluffhead > Rise/Come Together
Set 2: Punch You in the Eye, Wolfmans Brother > Light > Twist > Soul Planet > Mercury > Possum
Set 3: Send in the Clowns[1], First Tube, Auld Lang Syne, Sand, Drift While Youre Sleeping, Whats the Use?, You Enjoy Myself
Encore: Tweezer Reprise, Rescue Squad[2]
[1] Phish debut, with lyrics changed to Send in the Clones; a cappella[2] Debut; only Trey.
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Using ETF clones to save on fees – InvestmentNews
Posted: at 5:48 am
As pressure on fees continues across the financial services industry, financial advisers would be wise to never assume that theres not a cheaper version of the same product.
Sometimes that can mean finding cheaper versions of the same index-tracking fund within the same fund family, as will soon be possible for three exchange-traded funds offered by State Street Global Advisors.
According to recent prospectus filings, SSGA is converting three index ETFs to turn them into cheaper versions of three existing index ETFs. This means savvy advisers will be able to save their clients some fees just by swapping out ticker symbols on any new allocations from clients who have been investing in the more expensive versions.
Starting Jan. 24, the plans call for cheaper but identical versions of the $306 billion SPDR S&P 500 (SPY), the $19 billion SPDR S&P Midcap 400 (MDY), and the $1.4 billion SPDR S&P 600 Small Cap (SLY).
The cheaper version of SPY, which tracks the S&P 500 and has an expense ratio of 9 basis points, will be SPDR Portfolio Large Cap (SPLG), a $3.5 billion ETF that charges 3 basis points.
SPLG currently tracks an index of 700 large-cap stocks, but it will start tracking the S&P 500 with the change.
The clone for MDY, which charges 24 basis points, will be SPDR Portfolio Midcap (SPMD), a $1.9 billion fund that charges 5 basis points.
And the clone for SLY, which charges 15 basis points, will be SPDR Portfolio SmallCap (SPSM), a $1.6 billion ETF charging 5 basis points.
SSGA is currently waiving two-thirds of SLYs expense ratio to bring it in line with SPSM.
Matt Bartolini, head of SPDR Americas Research at SSGA, said the clone ETFs are designed for longer-term investors who might not be as concerned about the liquidity issues that could plague smaller funds.
He added that some large institutional investors and active traders will overlook higher fees on funds in exchange for their sizable options markets and liquidity profiles.
Some investors also like the ability to be anonymous when executing larger block orders, Mr. Bartolini said. What were doing is providing products with a purpose. Its more a function of providing choice to investors. You might hold SPLG for a strategic allocation and SPY in your liquidity sleeve.
Thats probably a handy tip for multibillion-dollar institutional traders. But for most financial advisers, the cheaper version will work just fine.
In terms of tradability, it would be difficult to do better than SPYs average daily trading volume of 47.8 million shares.
But at more than 708,000 shares, SPLGs average dialing trading volume is plenty high for most financial advisory clients.
Anything under 100,000 shares in a day is something an investor wants to be mindful of, as long as your trade size can easily get executed in a given day based on historical trading volume, said Todd Rosenbluth, director of mutual fund and ETF research at CFRA.
Tighter spreads are a byproduct of liquidity and trading volume, he added.
There is some precedent for this kind of fund cloning.
In 2012, for example, BlackRock launched iShares Core MSCI Emerging Markets ETF (IEMG) as a 14-basis-point version of iShares MSCI Emerging Markets (EEM), which charges 68 basis points.
The original fund, which was launched in 2003, has $30 billion, while the newer, cheaper version has grown to $62 billion.
Its a similar story for the $74 billion iShares MSCI Core EAFE ETF (IEFA), which was launched in 2012 as a clone to $64 billion iShares MSCI EAFE ETF (EFA), which has been around since 2001.
The upstart version charges 7 basis points, which compares to 32 basis points for the original version.
SSGA also has some experience in fund cloning.
In 2018 it launched SPDR Gold MiniShares Trust (GLDM) as a 10-basis-point version of the widely popular SPDR Gold Trust (GLD), which charges 40 basis points.
The original version, launched in 2004, manages more than $43 billion in a category known for trading, while the newer version is at $1.1 billion.
In addition to acknowledging the distinct investor appetites that clone funds often target, Mr. Rosenbluth said SSGA might also be playing some defense, at least when it comes to the S&P 500-tracker SPY.
While SPY is still the largest and most popular ETF tracking the S&P 500, it has been steadily losing market share to the $130 billion Vanguard S&P 500 ETF (VOO), which charges 3 basis points, and the $200 billion iShares Core S&P 500 ETF (IVV), which charges 4 basis points.
According to Mr. Rosenbluth, five years ago SPY had 69% of the market share of market-cap-weighted S&P 500 index ETF assets.
That share dropped to 55% two years ago, and to 48% at the end of 2019.
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