Regardless of the fact that we just had a person jump over shit to clock in, I feel this is important.
http://science.slashdot.org/article.pl?sid=07/06/20/1833246 Anuborn Satirak writes to tell us that Physicists from Case Western Reserve University claim to have cracked the black hole information loss paradox that has puzzled physicists for the past 40 years. "The physicists are quick to assure astronomers and astrophysicists that what is observed in gravity pulling masses together still holds true, but what is controversial about the new finding is that 'from an external viewer's point it takes an infinite amount of time to form an event horizon and that the clock for the objects falling into the black hole appears to slow down to zero,' said Krauss, director of Case's Center for Education and Research in Cosmology."
A black hole is not a thing that exists in time and space, it's an event or process that is a warping the space-time fabric. A black hole is not a THING that warps time and space, it IS a warping of time and space. An object actually moving to the center of the black hole takes an infinitely long time to get there, so when it actually does get there, it happens to arrive right at the end of the universe.
The black hole is basically always in it's creation phase and hasn't always existed since the beginning of time, all the matter that goes in it doesn't disappear until the end of the universe.
Think about it logically though. If black holes gain size by accruing matter, why isn't the universe in the process of being swallowed by huge wandering black holes?