jd writes "Researchers have found what they believe may be a MECO (Magnetic, Eternally Collapsing Object) inside of a quasar. MECOs are rivals to black hole theory and involve plasmas that never reach the state of being a singularity. The most obvious differences between them are that MECOs have a magnetic field and do not have an event horizon. The problem lies in that the Universe cannot have both MECOs and black holes — it can only have one or the other. If this object truly is a MECO, then black holes do not exist. Anywhere. (Furthermore, this would require Professor Hawking to return a year's subscription to Private Eye and give Professor Thorne a year's subscription to Penthouse.) On the other hand, if this thing isn't a MECO, it's behaving very very oddly for a black hole."