Sunday, October 28, 2012

Economic hardship argument is tough sell for Ryan in Ohio

NEW PHILADELPHIA, Ohio (Reuters) - Republican vice presidential candidate Paul Ryan told an Ohio rally on Saturday about a friend's financial hardship, but his party's narrative that President Barack Obama has failed on the U.S. economy may be a difficult sell in the crucial battleground state.

"I've got a buddy who was making 25 (dollars) an hour who went to make 9 dollars an hour as a cashier at a gas station temporarily with no benefits. That's the story of the American economy right now," Ryan told a crowd of 1,000 people at an excavator factory.

With the tight presidential race potentially coming down to a contest over Ohio and its prize of 18 electoral votes, the question of whether the state is in good shape economically is vital.

The Midwestern manufacturing state, where latest polls show Obama holding a slim lead over Republican challenger Mitt Romney before the November 6 election, has an unemployment rate of 7 percent, below the national average of 7.8 percent.

In Tuscarawas County, where New Philadelphia is located, the jobless rate in September was 5.9 percent, down two 2 points from September 2011. Obama beat Republican presidential candidate John McCain in the county four years ago.

Appearing in Zanesville on Saturday afternoon, Ryan's argument about the sputtering economy was given a partial rebuke from a surprising source: Ohio's Republican governor, John Kasich.

"You know the situation here in our state, as you know, we're doing better," Kasich said in his introduction to Ryan, at the start of a two-day, eight-stop bus tour of Ohio.

Like Florida and Virginia, Ohio is a battleground state home to a Republican governor eager to offer sunny economic news that occasionally sounds different from the picture painted by the Romney campaign.

Kasich outlined the economic success in Ohio since he took office in early 2011. Hundreds of thousands of job losses, he said, had turned into job gains, balanced budgets and a growing government surplus. Kasich said Ohio had become the No. 4 job creator in the country and led all other states in the Midwest.

"Not bad, huh?" he asked.

Kasich did join Ryan in saying the federal government under Obama had hindered, rather than helped that success. Throughout the campaign, Obama has insisted that the decision to inject taxpayer dollars to bail out General Motors and Chrysler saved jobs in Ohio where 850,000 people work in the automobile industry.

Listening to Ryan, who held a rally for 500 people at the Zanesville High School on Saturday afternoon, was Bob Kessler, 61, a small-business owner, who said he had seen those economic gains first-hand.

Kessler, who employs 60 people through his electric sign and outdoor advertising company, said business "is good because we made it good."

"It's better this year, a lot better. We've hired people," Kessler said.

While Kessler said he had not voted for a Democratic presidential candidate since he cast a ballot in 1976 for Jimmy Carter ("the last mistake I made in politics"), the challenge for the Romney campaign as it scrambles to win Ohio is whether economic recovery in the state will work against Republicans.

(Editing by Alistair Bell and Peter Cooney)

Source: http://news.yahoo.com/economic-hardship-argument-tough-sell-ryan-ohio-231538744.html

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Ottawa funds marina, ski hill developments in Ben Eoin - Local ...

BEN EOIN ? Enterprise Cape Breton Corp. will provide a $4-million grant toward the Ben Eoin marina development, which is intended to further enhance the area?s status as a four-season recreation complex.

Defence Minister Peter MacKay, regional minister for Nova Scotia, made the announcement Saturday on behalf of Bernard Valcourt, minister of state for Atlantic Canada Opportunities Agency.

?This investment is part of a long-term vision that will result in the development of a four-season recreation complex in Ben Eoin that will attract visitors and serve as a catalyst for further economic development activities,? MacKay said in a news release.

Ben Eoin Marina Ltd. is completing construction of a full-service marina facility at Ben Eoin consisting of 74 berths and related infrastructure for both local and visiting boaters. The marina will offer a complete range of services including docking, fuel, pump-out, water, power, laundry, washrooms, showers and general boating supplies.

The addition of a marina building with meeting space and common areas will also allow for the operation of a junior sailing program.

The total cost of the project is $4.8 million.

Across the road from the marina, the Cape Breton Ski Club, owners and operators of Ski Ben Eoin, is undertaking an upgrade of the not-for-profit ski facility which includes improvements to the beginner area, the addition of a new novice run, the installation of a carpet lift as well as improvements to the facility?s lighting, grooming and snow-making capacity.

The total cost of the work is $905,000 and Ottawa is providing a grant of $695,000 through ECBC.

Ben Eoin is also home to The Lakes golf course. It?s hoped the area is poised to attract additional private sector commercial and residential investment which will create further employment and related economic activity.

Enterprise Cape Breton Corporation is a federal Crown corporation offering programs in support of commercial development, community development, environmental stewardship and real property development on Cape Breton Island and in the Mulgrave area.

Source: http://www.capebretonpost.com/News/Local/2012-10-27/article-3108728/Ottawa-funds-marina,-ski-hill-developments-in-Ben-Eoin/1

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Home Improvement Tip #66 - Aegis Building Inspections

Masters Home Improvement presents the DIY video of How to replace a halogen light globe. This is a great help for you in starting learning how to replace a halogen light globe. By watching this ?HowTo? video you can get a better idea in replacing a halogen light globe the right way.

Aegis Building Inspections provides a professional building and pest inspections and gives clear evaluation of the current state of the property and poin out issues that are in need of repair that may lead to any repairs in the future. We are the leading building and pest inspection business in Brisbane and Glod Coast. If you plan to buy a home or any building properties make sure you have Aegis Building Inspections conduct an inspections.

We accommodate building and pest inspections also throughout Brisbane and Gold Coast. Contact us now and book in your building and pest inspection today. For more information click here: Building and Pest Inspections

Source: http://www.aegisbuildinginspections.com.au/home-tips/home-improvement/home-improvement-tip-66-how-to-replace-a-halogen-light-globe/

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Personal Training Can Transform Your Life In ... - Hive Health Media

It?s funny how having a personal trainer has impacted on so many aspects of my life; I couldn?t have believed this if someone had tried to convince me before I started my new regime. Yet once I made the momentous decision to start personal training, having been ?encouraged? by my wife and the honest comments of my young daughter, the rest simply fell into place.

Obviously employing a personal trainer is an added expense and one we have to think carefully about before signing up, but the odd thing is, this new regime has made me focus on every part of my life. I seem to have a clear head for the first time in years.

Let me explain. I work out twice a week and now run too most days, initially I felt quite wiped out but now I have more energy for everything. Once I reach home and shower I am ready for action. Suddenly I found myself looking at the way I managed my life from work ethic to finances. Having cleared my diet of foodstuffs that seemed to slow me down I thought it was time to tackle the money side. With assistance from my wife, who has cheered me on throughout, we sat down and looked at how we spent our money. We were shocked to see our take away bill each month, our trips to the supermarket, the added bars of chocolate and bottles of wine added to the petrol bill; the list was endless and the sums were enormous!

We actually made the decision we could both afford personal trainers by cutting back on processed and read- made food, shopping carefully and choosing more healthy options for our down time than flopping on the sofa with a DVD and associated snacks/ alcohol etc.

Something about feeling fitter seems to change the wiring in my brain; I am able to concentrate for longer; clothes I had abandoned now fit and that bloated, lethargic feeling which dogged me has disappeared. I laugh when I think I am even saving on indigestion remedies too! It appears that a three month stint of personal training has gone far beyond simply improving my muscle definition.

I know I could never have achieved this much without my personal trainer who has offered me every support and designed a bespoke programme to target my body; the results are simply spectacular. OK I won?t be going on a modelling shoot any time soon but I feel great and I am proud to see what has been achieved so far and that gives me considerable satisfaction.

Quick fix diets and the plethora of dieting pills and potions can never really match sustained and regular exercise with a professional watching over your every move. We all know that resistance training can make a difference but I could never be bothered in the past, it all seemed too much effort. However, I can now see it has speeded up my weight loss and resulted in stronger bones, muscles and ligaments too. If this isn?t worth the financial outlay I don?t know what is.

So, I can only say that in terms of confidence, strength, fitness and the associated differences in every aspect of my life and relationship personal training could actually make a considerable difference for many people. Think again before you dismiss it as a vanity project or something that?s prohibitively expensive. Having spring cleaned my life I can assure anyone reading this I spent far more on things which didn?t have any benefit at all. I have also taken charge of my own health and setting the right standard for my young family

Related posts:

  1. Is a Personal Training Career Right for You?
  2. Start Your Own Personal Training Business And Make A Killing
  3. Weight Loss tips from a Personal Trainer
  4. 5 Reasons to Choose a Personal Trainer
  5. Have A Personal Trainer? Are You Kidding?

Source: http://www.hivehealthmedia.com/personal-training-can-transform-your-life-in-every-way/

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Saturday, October 27, 2012

DC leaders say Obama has done little for them

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My WordPress Website ? insurance agent-Brunswick

insurance agent Brunswick ME Each year, more automobiles and drivers hit the roads. With so many vehicles on the road, crashes can happen. If you get in a car accident, the auto insurance you have can make a large difference in the experience you have. So how can you find out what type of car insurance you need and the quantity you should purchase? Auto insurance provides you with protection from covering the cost of damage caused to your car or another person?s car and injury to others, yourself, or your passengers, and certain other incidents, such as theft. By not owning insurance, you run the risk of having to pay the total price of the harm or injury you cause others or of repairing or replacing your car if it is damaged or stolen. Liability: Personal injury and property damage that you are responsible for will be paid for under liability insurance. If you are in legal trouble, liability insurance will pay for your defense and court costs. State laws usually require minimum amounts, but higher amounts can be purchased and are very beneficial. Personal Injury Protection: This type of insurance pays for hospital bills and other medical treatment for you and your passengers, regardless of who was at fault in the crash. It is required in some states and optional in others. State law usually sets minimum amounts. Medical Payments: This coverage is available in non-no-fault states; it will pay despite who carries responsibility for an accident. All necessary medical or funeral expenses will be covered under this insurance policy. Collision: Pays for damages to your car caused by a collision. Comprehensive: Applies if your car is stolen or damaged by causes other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Pays for repair and replacement costs when an insured person is in an accident caused by a driver who does not have liability insurance or by a person who cannot be identified (usually a hit-and-run driver). Under-Insured Motorist: Pays for damages when a driver with insurance is in an accident caused by a driver who does not have enough liability insurance to pay for the total cost of the damages. Other policies, including car rental, are also available.

Source: http://cspangeek.com/insurance-agent-brunswick/

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St. John crime report | NOLA.com

St. John the Baptist Parish Sheriff Mike Tregre has released the following information.

The following incidents were reported on Oct. 26.

ARRESTS

Juvenile, 16, Reserve, was arrested on Oct. 25 and booked with simple robbery.

Allen Mason, 23, 128 Oaklawn Ridge Lane, St. Rose, was arrested on Oct. 25 and booked with aggravated rape.

Michael Garret, 39, 860 Louisiana 628, LaPlace, was arrested on Oct. 25 and booked with three counts of creation or operation of a clandestine laboratory.

Stephanie Fraisse, 27, 1229 Madewood Drive, LaPlace, was arrested on Oct. 25 and booked with possession of schedule IV controlled dangerous substance, possession of schedule II controlled dangerous substance, illegal use of schedule I controlled dangerous substance in the presence of a person under 17 years old and two counts of fugitive from another agency.

Chad Busby, 37, 18172 Holly Drive, Hammond, was arrested on Oct. 25 and booked with distribution/manufacture of schedule IV controlled dangerous substance and illegal use of schedule I controlled dangerous substance in the presence of a person under 17 years old.

Garland Cottingham, 30, 276 West 7th St., Reserve, was arrested on Oct. 25 and booked with possession of schedule IV controlled dangerous substance, possession of schedule II controlled dangerous substance, illegal use of schedule I controlled dangerous substance in the presence of a person under 17 years old, two counts of being a fugitive from another agency and bench warrant.

INCIDENTS

513 Chatsworth Drive, LaPlace, items were reported stolen on Oct. 25.

153 Joe Parquet Circle, LaPlace, a vehicle was reported broken into on Oct. 25.

Source: http://www.nola.com/crime/index.ssf/2012/10/st_john_crime_report_150.html

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Bisnar | Chase: Motorcycle Mentorship Program Promotes Fun Responsible Riding

California motorcycle accident lawyer welcomes the establishment of more groups like the Coyote Motorcycle Mentorship Program, which aims to create a supportive environment of responsible and enjoyable motorcycle riding for less experienced drivers. According to an Oct. 10 news report in the Blackanthem Military News, the program does so by bringing experienced and novice riders together.

Newport Beach, CA (PRWEB) October 22, 2012

With temperatures dropping quickly and sharply in North Dakota, the "Coyotes" of Division West's 5th Armored Brigade are considering putting their motorcycles into so-called winter hibernation, an Oct. 10 news report in the Blackanthem Military News states. While doing so, the soldier bikers of the brigade's 2nd Battalion 361st Combat Support Regiment completed a motorcycle safety rider for the quarter as part of their unit's Motorcycle Mentorship Program, the report states.

According to the article, the program establishes voluntary installation-level motorcycle clubs in which seasoned riders and novice riders can create a support system that encourages safety and fun. The program, for example, includes classes that educate riders about pre-ride checklists such as checking tires, wheels, cables, lights, oil and fluids. The group even partners with civilian businesses to provide safety training, the report states.

It is heartening to see this unit's focus and commitment to safe motorcycle riding, says John Bisnar, founder of the Bisnar | Chase personal injury law firm. "The idea of grouping experienced and inexperienced riders is a great idea. Not only can they learn from each other, but a group such as this reinforces the importance of safety among all riders while keeping a fun atmosphere going."

Recent studies conducted by the Armed Forces Health Surveillance Center document sharp increases in the numbers and rates of motorcycle fatalities among service members, according to a July 6, 2009 report in the Army Times. The number of service members injured and hospitalized in motorcycle accidents increased by more than 100 from 2007 to 2008 and deaths increase by 18 over the same period, the report states. According to the report, these numbers have only increased since the wars in Iraq and Afghanistan with mental health workers expressing concerns that service members on motorcycles may be seeking to recapture the rush of war while taking more risks.

Organizations such as the Coyotes within the military and programs such as the Motorcycle Mentorship Program can certainly help keep our off-duty service members safe, Bisnar says. "These service members need all the support and training they need to ensure that they are safe while enjoying what can be an enjoyable and exhilarating hobby.?

About Bisnar | Chase

The California motorcycle accident lawyers of Bisnar | Chase represent victims of auto accidents, defective products, dangerous roadways, and many other personal injuries. The firm has been featured on a number of popular media outlets including Newsweek, Fox, NBC, and ABC and is known for its passionate pursuit of results for their clients. Since 1978, Bisnar | Chase has recovered millions of dollars for victims of auto accidents, auto defects and dangerously designed and/or maintained roadways.

For more information, call 800-561-4846 or visit http://www.california-lawyer-attorney.com for a free consultation.

Sources: http://www.blackanthem.com/News/Military_News_1/Coyotes-hit-trail-for-motorcycle-safety24600.shtml

http://www.armytimes.com/news/2009/07/military_motorcycle_accidents_deaths_070609w/

Bisnar Chase
Bisnar Chase
(949)752-2999 362
Email Information

Source: http://news.yahoo.com/bisnar-chase-motorcycle-mentorship-program-promotes-fun-responsible-065614100.html

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Friday, October 26, 2012

Mitt Romney Testimony In Staples Founder Tom Stemberg's Divorce ...

CANTON, Mass. ? A Massachusetts judge on Thursday granted a request to unseal testimony by GOP presidential candidate Mitt Romney in the decades-old divorce of Staples founder Tom Stemberg.

Lawyers for The Boston Globe sought release of the testimony, arguing that the public has the right to know the contents because Stemberg has been a prominent spokesman for Romney's qualifications for the presidency and has cited Romney's role in Staples' success. The office supply company was founded with backing from Romney's firm, Bain Capital.

Stemberg's ex-wife, Maureen Sullivan Stemberg, supported the Globe's request.

The transcripts were not immediately released Thursday; lawyers said they were still reviewing them.

The Globe also had sought a modification of a confidentiality order prohibiting either side from discussing any aspect of their divorce proceeding, including Romney's testimony, but dropped that request after lawyers for Tom Stemberg said they did not object to Romney's testimony being released.

During a hearing in Norfolk Probate and Family Court, celebrity lawyer Gloria Allred, who is representing Stemberg's former wife, became incensed that the Globe was no longer seeking to lift the gag order. She said Stemberg's ex-wife wants to give the public her opinion of Romney, but can't unless the order is lifted.

"I think voters have a right to know everything about Gov. Romney," Allred said. Without the "context" Sullivan Stemberg can provide, Allred said the transcripts will be "essentially meaningless to the public."

Globe Editor Martin Baron said the paper had no reason to object to getting the transcripts without lifting the gag order.

"The Globe's only interest all along, as should have been clear to all parties, was to obtain the transcript of a presidential candidate's testimony. We wanted to read it to see what was there, following standard practice in covering a major election," Baron said in a statement.

Romney's lawyer, Robert Jones, has said the transcripts include Romney's testimony about the value of Staples in 1991.

Maureen Sullivan Stemberg sued her husband in 1990, arguing that he had failed to reveal the true value of Staples stock in their property settlement agreement.

Allred said after the hearing that she planned to file a request as early as next week to lift the gag order.

Outside court, Allred referred to Tom Stemberg's "glowing" speech about Romney at the Republican National Convention and mockingly referred to him as "almost a BFF" of Romney's. In response to a reporter's question, Allred acknowledged being a supporter of President Barack Obama but said she is "not a surrogate for the Democratic Party."

George Regan Jr., a spokesman for Tom Stemberg, said in a statement that he was pleased that the gag order remained intact. He said the case is a private family matter that "has nothing to do with Gov. Romney."

Also on HuffPost:

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Source: http://www.huffingtonpost.com/2012/10/25/mitt-romney-divorce-testimony_n_2017111.html

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Barry Zito shines in World Series debut for Giants

SAN FRANCISCO (AP) ? Barry Zito is playing his part in this World Series, all right.

After years of being labeled baseball's most overpaid pitcher, Zito took the ball Wednesday night and thoroughly outshined reigning AL MVP and Cy Young Award winner Justin Verlander to lead the San Francisco Giants to an 8-3 victory over the Detroit Tigers that sent the orange-crazed home fans into a Zito-fueled frenzy.

Three home runs from Pablo Sandoval only helped Zito's cause in Game 1.

The left-hander watched his teammates clinch the World Series title two years ago in Texas, never playing a part on the field that postseason. That was all the motivation he needed to revive his career in his early 30s.

Now, he has the Giants one win closer to another championship after a dazzling World Series debut. The left-hander has just about earned his $126 million contract in a sensational span of six days. A hefty chunk of it, anyway.

Last Friday night at Busch Stadium, Zito pitched a season-saving 5-0 victory against St. Louis and sent the Giants home trailing the defending champion Cardinals 3-2 ? and they rallied again to reach a second World Series in three years.

For anyone who doubted Zito could deliver on the big October stage, while facing the daunting task of dueling with Verlander, he didn't flinch once. And when two-time NL Cy Young Award winner Tim Lincecum came out of the bullpen to replace him in the sixth, Zito ran off to a roaring standing ovation and offered a quick tip of his cap before disappearing into the dugout.

During his 2012 transformation back to reliable starter, the 33-year-old Zito never wanted the focus to be on him or how he's accomplished this remarkable comeback but rather what he could add to make the Giants a winner and playoff contender again. And, possibly, win another World Series ring along the way.

Nobody is questioning Zito's talents now. His line of one run on six hits, three strikeouts and a walk in 5 2-3 innings was hardly spectacular ? but it rarely is. Zito is doing just what manager Bruce Bochy asks of him: giving the Giants a chance to win.

Zito even added an RBI single in the fourth, following up his bunt base hit in Friday's win, as Giants starting pitchers drove in a run for the fourth straight game.

This is the ultimate win for Zito, years in the making. Not that he will say it quite that way. That's not how he operates.

When Zito was told he wasn't going to be on the postseason roster in 2010, in one of manager Bruce Bochy's toughest conversations with a player, the pitcher immediately went to work. He threw a bullpen session, he kept himself ready if needed ? but never got the chance. It hurt to the core, even if he never said it.

He tried different deliveries and pitching motions, he added a cutter to his repertoire to give him four solid pitches to keep hitters guessing.

In front of a sellout crowd at AT&T Park on this night, he pitched first to chants of "Barry! Barry!" and later to hollers of "Zito! Zito!" Who could have seen this memorable World Series moment coming for Zito, only two years after all the boos, from every direction, in his home ballpark?

The Giants have won Zito's last 14 starts, and he hasn't lost since Aug. 2 against the Mets. Zito went 15-8 this season for his most victories since joining the Giants

"They score runs for him," general manager Brian Sabean said, "in very odd ways."

With the Giants, Zito has never been the dominant pitcher he had been across the bay as a member of Oakland's Big Three with Tim Hudson and Mark Mulder. Fans quickly gave up hope of Zito turning things around when he went 43-61 over his first five seasons with the Giants.

In a strange turn of roles, it was Lincecum ? who pitched the Game 5 World Series clincher against the Rangers in 2010 ? who came in for Zito. Lincecum credits the veteran lefty for showing him how to better handle the struggles, like this season when The Freak fell into a long funk.

Lincecum came through, too. He pitched 2 1-3 scoreless innings of relief with five strikeouts.

Lincecum's outing marked the first time one Cy Young Award winner relieved another in the World Series since Baltimore's Jim Palmer came in for Mike Flanagan in 1983 against the Philadelphia Phillies, according to STATS LLC.

Zito and Lincecum certainly will share a hug or a handshake after this one.

"He's a lot tougher than people think and he's got a lot of pride and respect for the game," Sabean said of Zito. "He really wanted to be out there."

Source: http://news.yahoo.com/barry-zito-shines-world-series-debut-giants-034715525--mlb.html

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US sues BofA over alleged mortgage fraud

The U.S. is suing Bank of America on behalf of Fannie Mae and Freddie Mac, with CNBC's Scott Cohn.

By Reuters

UPDATED 2:11 p.m. ET: The United States filed a civil mortgage fraud lawsuit against Bank of America, accusing it of selling thousands of toxic home loans to Fannie Mae and Freddie Mac that went into default and caused more than $1 billion of losses.

Wednesday's case, originally brought by a whistleblower, is the U.S. Department of Justice's first civil fraud lawsuit over mortgage loans sold to Fannie Mae or Freddie Mac.

It also compounds the problems that the Bank of America, second-largest U.S. bank, has faced since its disastrous 2008 purchase of Countrywide Financial Corp, once the nation's largest mortgage lender.

According to a complaint filed in Manhattan federal court, Countrywide in 2007 invented a scheme known as the "Hustle" designed to speed up processing of residential home loans.

Operating under the motto "Loans Move Forward, Never Backward," mortgage executives tried to eliminate "toll gates" designed to ensure that loans were sound and not tainted by fraud, the government said.

This resulted in "defect rates" that were roughly nine times the industry norm, but Countrywide concealed this from Fannie Mae and Freddie Mac, and even awarded bonuses to staff to "rebut" the problems being discovered, it added. The scheme ran through 2009 and caused "countless" foreclosures, it added.

"The fraudulent conduct alleged in today's complaint was spectacularly brazen in scope," U.S. Attorney Preet Bharara in Manhattan said in a statement. "This lawsuit should send another clear message that reckless lending practices will not be tolerated."

Bank of America did not immediately respond to requests for comment.

Since paying $2.5 billion for Countrywide on July 1, 2008, the Charlotte, North Carolina-based bank has lost nearly $40 billion on mortgage litigation and requests by investors to buy back soured loans, Credit Suisse estimated on October 5.

Some of these costs related to Merrill Lynch & Co, which Bank of America bought at the beginning of 2009.

According to court records, the case had been filed under seal in February by Edward O'Donnell, a Pennsylvania resident and former executive vice president at Countrywide Home Loans who had worked there between 2003 and 2009.

The United States later joined the case. It seeks triple damages under the federal False Claims Act, as well as civil penalties.

It is unclear whether O'Donnell has hired a lawyer. O'Donnell could not immediately be reached for comment.

Federal regulators seized Fannie Mae and Freddie Mac on September 7, 2008 and put them into a conservatorship.

Bharara's office has in the last 1-1/2 years brought five civil fraud lawsuits against other lenders under the False Claims Act over alleged reckless residential mortgage lending, involving loans insured by the Federal Housing Administration.

In February, Citigroup Inc settled its case for $158.3 million and Flagstar Bancorp Inc settled for $132.8 million, while Deutsche Bank AG settled in May for $202.3 million. Cases are pending against Wells Fargo & Co and Allied Home Mortgage Corp, Bharara said.

On Monday, Congressman Barney Frank, who chaired the House Financial Services Committee in 2008, said Bank of America should probably be shielded from government lawsuits over Merrill, which it bought in part at federal officials' urging, but he said he knew of no such urging to buy Countrywide.

Bank of America shares were up 2 cents at $9.38 in afternoon trading on the New York Stock Exchange.

The case is U.S. ex rel. O'Donnell v. Bank of America Corp et al, U.S, District Court, Southern District of New York, No. 12-01422.

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Source: http://bottomline.nbcnews.com/_news/2012/10/24/14671246-us-sues-bofa-over-alleged-mortgage-fraud?lite

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Thursday, October 25, 2012

Harvard Business School students dish on admissions interviews ...

By John A. Byrne

Harvard(Poets&Quants)?-- If you're a male applicant to the Harvard Business School and about to be interviewed by admissions, you should wear a well-fitting black, grey or navy blue suit with a non-distracting shirt and tie. Deodorant is a must but cologne is a no-no.

If you're a woman, the length of your skirt should be at least at the knee. Your suit color and style should be simple and classic, with closed-toed pumps with a heel height of between one and three inches. The flashy baubles are best left at home along with any strong fragrance.

You should make sure you've eaten a "substantial breakfast" and arrive at Dillon House, where the admissions staff is located on campus, at least 20 minutes early.

That's the advice from the just-published "Unofficial Harvard Business School Interview Guide," put together annually by the staff of The Harbus, the school's MBA student newspaper. The 43-page guide is based on "first-hand insight, advice and analysis" from current HBS students as well as "real interview questions from real interviews of real students," according to Editors Bart Clareman and Kate Lewis as well as Publisher Alex Pak.

"We worked hard to get the first-hand advice not only from past interviewees but from students who successfully navigated in the process and enrolled at HBS," says co-editor Clareman. "Applicants know that HBS puts a lot of importance on the interview, and we believe this source is the most accurate and the most helpful for prospective students who want to know what to expect on the big day."

MORE:?A B-school class with 50,000 students? It's on.

The editors organize the questions they received from a survey of the first-year class upon their arrival on campus into six main categories: experience, leadership, career, current events, curriculum, and situational. The experience, leadership, and career buckets prompt interviewees to tell "their story" by reflecting on past challenges and achievements. The questions on current global events or the HBS curriculum allow admissions to assess an applicant's perspective. The situational bucket helps candidates prepare for the occasional "off-the-wall" ask that requires on-the-spot resourcefulness.

This year's edition of the Harbus guide includes 20 pages of interview questions, 79 questions in all, each with a couple of paragraphs of advice analysis. There's a step-by-step walkthrough to help applicants prep for the interview, along with suggested weekday and weekend add-ons for your trip to Harvard, and advice on how to compose a follow-up thank you note (crafting a handwritten note, the students say, "can help you stand out in the eyes of the interviewer.")

Given some of the oddball questions you might get, the guide is definitely worth the $50?which goes to support the non-profit student newspaper. It can be?downloaded as a PDF file here. At the very least, it will give you the basics, however obvious, and prepare you for the off-the-wall question that may very well come your way. And while the questions are from actual Harvard admission interviews, they're pretty much what you could expect at any top business school. So even if you're bound for Stanford, Wharton, Chicago or Kellogg, you'll find plenty of value in Harvard's interview guide.

Examples of some of those curve ball questions:

What would you say is the brand of your undergraduate university?

What is your favorite kind of chocolate?

How has the recession affected you?

How would your parents describe you when you were twelve?

Explain the 'C' on your transcript in this economics class.

What company do you follow that isn't Google or Apple? What issues do you think keep its CEO up at night?

What would be your dream job and why?

What's the one thing you'll never be as good at as others?

In each case, the editors serve up good, practical advice for how to handle these curve balls. The counsel is valuable, even for the confident and self-assured, though the guide's editors are not exactly putting words in your mouth to spout out.

Consider that last question on the one thing you'll never be as good at as others, for example. Here's the advice dispensed by the guide:

"HBS students have an often unfair reputation of being egotistical. If you respond 'nothing' to this, it indicates a lack of self-awareness. If your response is 'modesty,' you'd better hope your interviewer has a good sense of humor. There are so many honest, personalized answers to this question that it should not be difficult to come up with an example. Be honest; don't try to hedge it or spin it. Just own it."

MORE:?Why Harvard MBAs overwhelmingly favor Obama

While the questions and the analysis that follows each one is the meat and potatoes of the guide, there's enough other helpful advice to allow you to vicariously go through the experience before actually showing up for it. Consider these tidbits:

"Without a doubt, the quickest and easiest way to botch an interview is to show up late," according to the guide, which suggests arriving 20 minutes before your interview time. And as soon as you are scheduled for the session, the students advise applicants to adapt a new morning routine.

"Browse all the headlines of all the major business news sites (WSJ.com, the New York Times' business section, Economist.com), read any stories that seem particularly pertinent, and be sure to hit up any sites that cover your industry in particular (you don't want to be broadsided during your interview!)."

In the weeks leading up to your interview, the guide suggests that you read through your application "constantly until you know it backwards and forwards. Then read it more so that you know it inside and out. The interviewer can and will refer to specifics from your application, and the quickest and easiest way to blow your shot at HBS (besides being late to your interview!) is to appear unfamiliar with?or worse yet, to actually contradict?your application."

MORE:?How much have Harvard MBAs made this year?

On the week of your interview, Harvard students advise you to "get your suit dry-cleaned, your shoes polished and your hair cut, make any last-minute travel arrangements, and tie up any loose ends at work."

All somewhat obvious, but smart counsel on how to approach the whole, anxiety-ridden process.

In a brief essay, co-editor Kate Lewis makes clear her view that Harvard's recent changes in its application have created unnecessary criticism. "Some critics of the circumscribed essay portion assert that non-traditional candidates will suffer from lack of space to explain their backgrounds to admissions officials who might be less familiar with their industry or firm than they would be with a candidate from Goldman Sachs (GS) or McKinsey," she writes. "I say, cut the crap. As a newspaperwoman, I am a fan of concise writing. Eight hundred words, almost twice the length of the Gettysburg Address, leaves more than enough space for an applicant to reflect thoughtfully on relevant experiences."

Source: http://management.fortune.cnn.com/2012/10/24/harvard-business-school-interviews/

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Clint Eastwood stars in new pro-Romney ad (cbsnews)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories News, RSS and RSS Feed via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/257918345?client_source=feed&format=rss

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Step parents with shared/regular access


Hiya...

So im a step mum of DSD 6 .have been since she was 18 months....DSD lives 7 miles away and we have access 2-3 nighs a week term time and anything upto 7 nights in school holidays... We would like 50/50 but house prices near her mum are too much for our family.. Me OH DS1 age 3 and DS2 age 2

what i want to know is how many step parents have their step child without step childs bio parent being there your OH...and not occasionally but every week?

My OH is working away thursday -saturday this week... But today i am collecting DSD from school.. (im a sahm..we cant afford child care).. And will keep her until her mum finishes work on friday tea...so as her dad will be away from tomorrow morning it will be just me DSD DS1 and DS2..
DSD mum only has DSD so she will have ample free time where as i will have 3 under 6... I did try to get out of said child care but DSD wants half CM cost we just haven't got it.. I will also point out DSD mum dose get maintenance from my OH and we buy everything at this home for her and put to towards her uniform every year...

Am i in a minority... I cant help feel im being taken for a mug by DSD mum...

I love my DSD lots but i feel as though i get the lions share of taking care of her...its hard work being a hands on step parent..

Source: http://www.netmums.com/coffeehouse/advice-support-40/non-biological-families-604/839357-step-parents-shared-regular-access.html

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Wednesday, October 24, 2012

2012 Antarctic ozone hole second smallest in 20 years

ScienceDaily (Oct. 24, 2012) ? The average area covered by the Antarctic ozone hole this year was the second smallest in the last 20 years, according to data from NASA and National Oceanic and Atmospheric Administration (NOAA) satellites. Scientists attribute the change to warmer temperatures in the Antarctic lower stratosphere.

The ozone hole reached its maximum size Sept. 22, covering 8.2 million square miles (21.2 million square kilometers), or the area of the United States, Canada and Mexico combined. The average size of the 2012 ozone hole was 6.9 million square miles (17.9 million square kilometers). The Sept. 6, 2000 ozone hole was the largest on record at 11.5 million square miles (29.9 million square kilometers).

"The ozone hole mainly is caused by chlorine from human-produced chemicals, and these chlorine levels are still sizable in the Antarctic stratosphere," said NASA atmospheric scientist Paul Newman of NASA's Goddard Space Flight Center in Greenbelt, Md. "Natural fluctuations in weather patterns resulted in warmer stratospheric temperatures this year. These temperatures led to a smaller ozone hole."

Observing Earth's Ozone Layer

Atmospheric ozone is no longer declining because concentrations of ozone-depleting chemicals stopped increasing and are now declining.

The ozone layer acts as Earth's natural shield against ultraviolet radiation, which can cause skin cancer. The ozone hole phenomenon began making a yearly appearance in the early 1980s. The Antarctic ozone layer likely will not return to its early 1980s state until about 2065, Newman said. The lengthy recovery is because of the long lifetimes of ozone-depleting substances in the atmosphere. Overall atmospheric ozone no longer is declining as concentrations of ozone-depleting substances decrease. The decrease is the result of an international agreement regulating the production of certain chemicals.

This year also marked a change in the concentration of ozone over the Antarctic. The minimum value of total ozone in the ozone hole was the second highest level in two decades. Total ozone, measured in Dobson units (DU) reached 124 DU on Oct. 1. NOAA ground-based measurements at the South Pole recorded 136 DU on Oct. 5. When the ozone hole is not present, total ozone typically ranges from 240-500 DU.

This is the first year growth of the ozone hole has been observed by an ozone-monitoring instrument on the Suomi National Polar-orbiting Partnership (NPP) satellite. The instrument, called the Ozone Mapping Profiler Suite (OMPS), is based on previous instruments, such as the Total Ozone Mapping Spectrometer (TOMS) and the Solar Backscatter Ultraviolet instrument (SBUV/2). OMPS continues a satellite record dating back to the early 1970s.

In addition to observing the annual formation and extent of the ozone hole, scientists hope OMPS will help them better understand ozone destruction in the middle and upper stratosphere with its Nadir Profiler. Ozone variations in the lower stratosphere will be measured with its Limb Profiler.

"OMPS Limb looks sideways, and it can measure ozone as a function of height," said Pawan K. Bhartia, a NASA atmospheric physicist and OMPS Limb instrument lead. "This OMPS instrument allows us to more closely see the vertical development of Antarctic ozone depletion in the lower stratosphere where the ozone hole occurs."

NASA and NOAA have been monitoring the ozone layer on the ground and with a variety of instruments on satellites and balloons since the 1970s. Long-term ozone monitoring instruments have included TOMS, SBUV/2, Stratospheric Aerosol and Gas Experiment series of instruments, the Microwave Limb Sounder, the Ozone Monitoring Instrument, and the OMPS instrument on Suomi NPP. Suomi NPP is a bridging mission leading to the next-generation polar-orbiting environmental satellites called the Joint Polar Satellite System, will extend ozone monitoring into the 2030s.

NASA and NOAA have a mandate under the Clean Air Act to monitor ozone-depleting gases and stratospheric depletion of ozone. NOAA complies with this mandate by monitoring ozone via ground and satellite measurements. The NOAA Earth System Research Laboratory in Boulder, Colo., performs the ground-based monitoring. The Climate Prediction Center performs the satellite monitoring.

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Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_science/~3/bmS8jbWtmn0/121024164723.htm

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Visa hires JPMorgan's Charles Scharf as CEO

(Reuters) - Visa Inc said Charles Scharf, a former head of JPMorgan Chase & Co's retail financial services division, will succeed Joseph Saunders as chief executive, effective November 1.

Visa's board had been looking for a successor to Saunders, 66, who has headed the company since 2007 and was expected to retire soon.

Scharf, 47, previously served on Visa's board from 2007 to January 2011.

Known as Charlie, Scharf was moved from JPMorgan's retail banking business to its private equity arm in 2011, after the lender shuffled several retail banking executives in a push to raise profit.

Scharf worked closely with Jamie Dimon, chairman and CEO of JPMorgan, when the two men were at Citigroup Inc in the 1990s. Scharf followed Dimon to Chicago-based Bank One, which was bought by JPMorgan in 2004.

Scharf is currently managing director at One Equity Partners, which manages $10 billion of investments and commitments for JPMorgan Chase.

"We believe Scharf's large-scale management experience is a good fit ... and our initial checks have been positive regarding his leadership style," Jefferies analyst Jason Kupferberg wrote in a note to clients.

Scharf's experience with JPMorgan will also help Visa. The bank is Visa's largest card issuer and accounts for about 10 percent of its profit, Kupferberg noted.

Scharf joins at a time that Visa, competitor MasterCard Inc, and card-issuing banks are trying to chart their courses through a storm of new digital technologies and companies that have come to the payments industry from outside of banking, such as eBay Inc's PayPal and Square Inc.

Analysts do not expect Scharf to spark major changes at the payment network.

"I think Visa is doing well. I think all he is going to be charged with is moving it forward in the same direction," Wedbush Securities analyst Gil Luria said.

The San Francisco-based company has already raised its full-year earnings forecast twice this year, as more people move to card-based payments globally.

Visa is scheduled to report fourth-quarter results on October 31.

Current CEO Saunders spearheaded Visa's 2008 initial public offering and will continue as executive chairman until March 31, after which Visa will appoint a new non-executive independent chairman.

Visa said Scharf would receive $950,000 per year in base salary and a bonus of up to 500 percent.

Scharf will also get a "make-whole" award of restricted stock and options worth $19 million, the company said in a filing with the U.S. Securities and Exchange Commission. The award is based in part of compensation Scharf is leaving behind at JPMorgan.

Saunders received $11.8 million in total pay in 2011, according to regulatory filings.

Shares of the credit and debit-card network were up less than 1 percent at $137.48 on the New York Stock Exchange on Wednesday afternoon.

(Reporting by Jochelle Mendonca in Bangalore and David Henry in New York; Editing by Supriya Kurane and Steve Orlofsky)

Source: http://news.yahoo.com/visa-hires-jpmorgans-charles-scharf-ceo-134444821--sector.html

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Everything We Learned From Three Months With Windows 8

This week Microsoft launches its new Windows 8 operating system, a complete reinvention of the company?s defining product, and the Surface RT, the first of two hybrid tablet/laptop products designed and sold by the company itself. My experience with the Surface has been limited to a few minutes, so we?ll hold off on reviewing that until later in the week. However, I?ve been living with a pre-release version of Windows 8 on a Samsung Series 7 tablet as my primary computer for the past three months, and I?ve learned that anyone interested in upgrading should prepare for a big change.

The Overview


When a company faces an existential crisis, it can choose to fight the forces that threaten it, to ignore those forces, or to embrace them and change itself drastically. For Microsoft, the existential crisis is the movement away from traditional desktop computing. Arguably Microsoft ignored the trend for far too long, but recently the company embarked on a bold and risky dive into the technological future?and the success or failure of Windows 8 will determine the future relevance of Microsoft.

Windows 8 Pro (which goes on sale Friday at an introductory download price of $40 for anyone upgrading from Windows 7, Vista, or XP) is a massive overhaul for Microsoft, and a radical but necessary change of definition for computing itself. Rather than creating a separate tablet operating system, Microsoft has created Win 8 as both a tablet interface and a desktop OS at the same time.

In a world of too many Apple clones, Win 8 is unique in its design organization and movement. (Microsoft originally called its design language Metro, but has seemingly stepped away from that label. However, since we journalists haven?t been given another good word for it, I?ll continue to call it Metro in this review.) It?s purposefully flat, yet colorful and animated with information. With the tablet-first user interface, Microsoft has been even more ruthless than Apple and Google at shunning menus, tabs, and indicators of running apps, moving them to the off-screen periphery. Users can access core functions, known as charms, as well as menus and multitasking apps by dragging them in from the edges of the screen. Otherwise, they disappear.

Yet Microsoft is also aware that much of the world?s computing is still done in a chair at a desk with a mouse and keyboard, so it has built a complete desktop into the OS. Miraculously, all this has been done without expanding the software significantly?Windows 8 is roughly the same install size as Windows 7. The full version of Windows 8 for Intel-based X86 processors will run all Windows legacy software in a desktop mode that looks and feels very similar to Win 7.

Like Apple and Google, Microsoft also created an app store where users can download and purchase new software. Called the Windows Store, it should have around 3500 apps available to U.S. customers at launch, including Netflix, Amazon Kindle, and games such as Fruit Ninja and Cut the Rope. Unlike Apple, however, Microsoft isn?t being overly restrictive about the store. Software can be installed from any location, but the Windows Store will be the central distribution point for all apps.

Using Windows 8


Windows 8 feels like the first draft of a brilliant philosophy paper: Brimming with fresh and insightful ideas, delightful to use at times, yet often frustrating and difficult to grasp. That?s because Win 8 is a new philosophy of computing?a statement that tablet and desktop modalities can exist in the same OS, on the same machine.

Win 8 is also a new design statement?the information available to you is part of the look and feel of the user interface. For example, the icon (or "live tile") for your Photos app is one of your photos. All of your social networking is bundled into a People app, whose icon is a constantly changing collage of the faces of active posters to Facebook and Twitter. Live tiles is a carryover of one of the good ideas in Windows Phone, and it speaks to a uniformity of design that has been pushed through the Microsoft ecosystem, from phones to the Xbox to the company?s online software.

In practice, the software is speedy and responsive. On my Samsung tablet, the cold boot time for Win 8 is 10.6 seconds. The tiles respond instantly to finger flicks, swipes, and pinches. Metro programs are a study in deep immersion?the interface disappears and windows expand to the screen edge for minimal distraction.

I have heard detractors of Microsoft?s tablet UI (a group that includes my wife, a happy Windows Phone user who is no novice with live tiles) claim that the chromeless interface is difficult and confusing because it offers no cues to help users remember which sides of the screen from which to drag in different functions.

It is true that new users can find themselves lost in the UI, with no frame of reference for how to do something as simple as close an app. However, I remember some of the same criticisms from early users of Apple?s iOS devices. (Where are my files? Why is there no back button?) As with iOS, once you learn a few of the fundamentals, navigating Win 8?s Metro interface is relatively easy. Still, I suspect Microsoft?s customers won?t be as forgiving of this new paradigm as Apple?s customers were in 2007.

And those who do embrace the new UI will eventually discover some deeper flaws in Win 8. Specifically, the marriage of tablet and desktop isn?t as harmonious as the glossy interface would have you believe. For instance, when you set up Win 8 for use with a keyboard and mouse, your "swipe in" gestures transform into hot corners; you can accidentally bring up charms and other Metro menu items whenever you interact with anything at the corners of the screen. Also, you?ll need a Windows 7?style desktop if you want access to the file architecture or legacy software. But since Win 8 treats the desktop like an app, you can get an odd overlap that can quickly get confusing. You can have three applications running on the desktop, but when you use Win 8?s swipe-in feature to cycle through running apps, those desktop apps don?t appear until you open the desktop "app" itself. The result is a bit schizophrenic?the user must keep track of two types of multitasking.

A similar disconnect occurs with Settings. One of the Metro interface swipe-in charms is labeled Settings; tap it and you are presented with some quick settings and a submenu that allows you to "Change PC Settings." This brings up a host of user customization, networking, account, and privacy options, but it still doesn?t give you access to all of your computer?s settings. For those, you have to engage the Desktop app and bring up the traditional Control Panel?a relic from the early days of Windows. Because the settings are so spread out, troubleshooting or even some basic setup adjustments are a bigger pain than ever.

And then there is the unfortunate compromise of Windows RT. In a nod to the winds of change in the world of microprocessors, Microsoft vowed in 2011 that Windows 8 would work with both traditional X86 Intel processors as well as the low-cost ARM processors that dominate the mobile world. That has led to two completely different versions of Win 8: Windows 8 Pro (for Intel machines) and Windows RT (for ARM machines). Windows 8 Pro is the backwards-compatible, dual-mode OS that I?ve been describing thus far. Windows RT is a different animal.

RT will run the Windows Store apps designed for the Metro-style tablet interface, and it will come with a free version of Microsoft Office that will run on RT, but it won?t run all of the legacy software designed for earlier versions of Windows?rendering the desktop mode relatively useless. This isn?t necessarily Microsoft?s fault. Software written for Intel processors would have to be rewritten for ARM machines, so older software naturally gets left out of the picture for RT devices. But it feels like yet another hole in the promise of a truly unified operating system. What?s worse, RT will be the only version of Windows 8 initially available on Microsoft?s halo device, the Surface tablet. The Surface Pro, which uses an Intel processor and runs Win 8 Pro, won?t be available until January of 2013.

The good news is that most of these things are fixable as Microsoft refines this OS and as developers create and update their apps for Win 8. And unlike many previous operating system releases from Redmond, Windows 8 is remarkably stable and bug-free; I?ve been using a pre-release version for three months without a single system crash or freeze.

The Bottom Line


Microsoft got a lot of the big things right this time. Security has always been a problem for Windows, so now the company finally has built malware protection into the OS?there?s no need for a separate antivirus program. Win 8 also makes search and discovery simple and smart. When you get to the Start screen, just start typing what you are looking for and it comes up, or use the context-aware search charm to hop the same search term through multiple apps.

Still, I suspect most business and traditional computer users will stay away from Windows 8 at first. That?s because Windows 7 is already a remarkably stable and useful desktop interface?which is probably why Microsoft kept most of it intact within the desktop app in the new UI. Upgrading a conventional computer to Windows 8 brings with it a steep learning curve and little additional functionality.

But upgrading old computers to a new UI is not really the mission of Windows 8. It?s about enabling the computers of tomorrow?weird, hybrid things that are powerful, portable, and can change shape from a desk-friendly productivity machine that can handle complex software to a tablety thing that is great for reading, watching movies, and Internet surfing. These computers are already arriving, and not only in the form of Microsoft?s Surface devices. Witness the Lenovo Yoga, the Acer W510, the Sony Vaio Duo 11, and Dell XPS 12. These machines make even the sleek, thin, unibody designs of Apple?s MacBook line look like the technology of a previous era. And none of it would have been possible if Microsoft hadn?t taken this big, risky leap into the future.

Source: http://www.popularmechanics.com/technology/gadgets/reviews/everything-we-learned-from-three-months-with-windows-8-14056779?src=rss

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Judges to weigh Rajaratnam appeal of insider case

NEW YORK (Reuters) - A panel of judges on Thursday will hear arguments that U.S. prosecutors should not have been able to play dozens of FBI wiretaps at the criminal trial of hedge fund tycoon Raj Rajaratnam, a closely watched appeal in one of the biggest insider-trading cases in a generation.

The Galleon Group founder is serving an 11-year prison term, one of the longest ever for insider trading. If he wins a reversal of his conviction, it would be a huge blow to one of the centerpieces of the Justice Department's efforts to stamp out illicit trading on Wall Street.

A three-judge panel of the 2nd U.S. Circuit Court of Appeals in New York will hear arguments in the case. An immediate ruling is unlikely. Rajaratnam, 55, is imprisoned in Massachusetts and is not expected to attend.

The government's decision to covertly record Rajaratnam's phone conversations with traders and corporate insiders -- a technique traditionally reserved for investigations of drug-trafficking and organized crime -- sent a chill through the secretive hedge fund industry. Rajaratnam's lawyers argue that investigators left out key information in seeking court approval of their wiretap application in 2008.

The one-time billionaire has gotten some backing in his appeal, including a friend-of-the-court brief from a legal expert considered the architect of the U.S. wiretap statute, G. Robert Blakey, a professor at Notre Dame Law School in Indiana,

"Bluntly, they lied," Blakey, in a telephone interview with Reuters, said of investigators. He said he believes, however, that Rajaratnam's conviction was "righteous."

Blakey wrote in his brief that the trial judge, Richard Holwell of U.S. District Court in Manhattan, misinterpreted the statute and should have suppressed the evidence. Blakey is the author of the "Blakey Bill," which became the model for key language of Title III of the Omnibus Crime Control and Safe Streets Act of 1968, which governs the use of wiretaps.

Holwell decided to allow the wiretaps despite finding in November 2010 that the government left out information in its application to the U.S. District Judge Gerard Lynch. Rajaratnam also argues that Lynch, who now sits on the appeals court but cannot hear this case, was misled about a key government cooperator, former trader Roomy Khan.

The U.S. Attorney's Office in Manhattan, which prosecuted Rajaratnam, has defended the wiretaps. In court papers, prosecutors argue that investigators had made "innocent mistakes" that were immaterial. They declined further comment.

Holwell, now in private practice, also declined to comment on the appeal, as did Rajaratnam's defense lawyers at law firm Akin Gump Strauss Hauer & Feld.

Eight retired federal judges, including former Chief U.S. District Judge John Bissell in New Jersey, also filed a brief to the 2nd Circuit, voicing concern about Holwell's ruling. Neither their brief nor Blakey's was solicited by any party, according to the court filings.

A NEW TRIAL?

Rajaratnam was convicted of 14 counts of securities fraud and conspiracy in May 2011, but only after his sentencing five months later was he allowed to appeal the wiretap evidence used at his trial. He also seeks reversal on nine of the 14 counts he faced, citing flawed jury instructions.

If his appeal is successful, Rajaratnam could ask for a new trial using evidence other than the phone recordings. In that case, prosecutors could use emails, trading records, phone logs and the testimony of several former Rajaratnam associates. That evidence could still add up to a strong case.

The appeal is not expected to have an effect on the guilty pleas of scores of other people caught in the government's insider-trading crackdown of the last four years. Those defendants waived rights to appeal when they pleaded guilty.

Over the past four years, wiretaps helped prosecutors convict scores of money managers, traders, consultants, lawyers and a former Goldman Sachs board member, Rajat Gupta, in the government's wide-ranging trading probe. Gupta was convicted in June of tipping Rajaratnam with corporate secrets. He faces sentencing on Wednesday.

On one of the wiretaps, from September 24, 2008, Rajaratnam is heard telling an employee that he received a call "saying something good might happen to Goldman." It referred to Gupta telling Rajaratnam the previous day, at a crucial point in the financial crisis, that investor Warren Buffett would infuse $5 billion into the bank.

To be able to tap a phone, an investigator must present an affidavit including a summary of the evidence of a crime to that point, giving a judge probable cause to grant the application.

The wiretap statute calls for "a full and complete statement" that the probe could not progress using conventional techniques.

Former prosecutor and investigator Bob Milan, of Mesirow Financial Consulting in Chicago, said that no matter the outcome of Rajaratnam's appeal, the case was instructive "to make sure everybody is using best practices when they apply for wiretaps, that they are complete and thorough."

The case is USA v Raj Rajaratnam in the 2nd U.S. Circuit Court of Appeals No. 11-4416.

(Reporting By Grant McCool; Editing by Martha Graybow and Leslie Adler)

Source: http://news.yahoo.com/judges-weigh-rajaratnam-appeal-insider-case-184318804--finance.html

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Tuesday, October 23, 2012

Stockholm subway thief sentenced to prison

FILE- A composite image file photo from Sept. 8, 2012, from CCTV footage made available by Swedish Police, showing intoxicated victim falling from the subway platform at Sandsborg metro station south of Stockholm onto the train tracks, then 28-year-old Tunisian man Nadar Khiari jumps down on the tracks, steals his belongings, and leaves him there. The victim was hit by a train and lost a foot but survived. A court in Sodertorn, Sweden, on Tuesday Oct. 23, 2012, sentenced Nadar Khiari to 18 months in prison for theft and ordered him to pay $1,800 (US 1,400 euro) in damages to his unidentified victim. Nadar Khiari will be deported after serving his sentence.(AP Photo/Swedish Police, File) SWEDEN OUT

FILE- A composite image file photo from Sept. 8, 2012, from CCTV footage made available by Swedish Police, showing intoxicated victim falling from the subway platform at Sandsborg metro station south of Stockholm onto the train tracks, then 28-year-old Tunisian man Nadar Khiari jumps down on the tracks, steals his belongings, and leaves him there. The victim was hit by a train and lost a foot but survived. A court in Sodertorn, Sweden, on Tuesday Oct. 23, 2012, sentenced Nadar Khiari to 18 months in prison for theft and ordered him to pay $1,800 (US 1,400 euro) in damages to his unidentified victim. Nadar Khiari will be deported after serving his sentence.(AP Photo/Swedish Police, File) SWEDEN OUT

(AP) ? A 28-year-old Tunisian who was caught on security camera stealing from a man who had fallen onto the tracks on the Stockholm subway and then leaving him to be hit by a train was sentenced Tuesday to 1 ? years in prison for theft.

A Swedish court ordered Nadar Khiari to pay $1,800 in damages to his victim and ruled that he will be deported after serving his sentence. He was not charged with leaving the man on the tracks, since Swedish law does not require people to help.

The September incident stirred outrage in Sweden after the footage was broadcast on TV and went viral around the world.

The video shows the drunk victim falling from a subway platform. Khiari then jumps onto the tracks, steals his belongings and leaves him there. The victim was hit by a train and lost a foot, but survived.

The court wrote that the victim had been "in a particularly vulnerable position, lying intoxicated and injured on the subway track without any opportunity to protect himself, in danger of being killed or being seriously injured. Nadar Khiari must have been fully aware of this."

Khiari confessed to stealing the man's cell phone, a silver case and a gold necklace, saying he was unemployed and needed money for food and medicine. He apologized for not alerting subway staff that there was a man on the tracks.

He was also convicted of another theft, committed in August. It was not immediately clear whether he would appeal the ruling.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-10-23-EU-Sweden-Left-On-Tracks/id-4ae50befb87f45b4bf1d564103f5f6a3

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Police search for missing 12-year-old girl in New Jersey

By Katy Zachry and David Chang, NBCPhiladelphia.com

Police are searching for a missing girl from Clayton, New Jersey.?

Police say Autumn Pasquale, 12, was last seen leaving her home on W. High Street in Clayton on Saturday around 12:30 p.m. while riding a white Odyssey BMX bike to a friend's house. The girl?s parents called police after they say she never made it to that friend's house.

"It's not like her," said the girl's father, Tony Pasquale. "She would have been home 11 o'clock this morning if she slept over a friend's house."

Police say Pasquale may have been spotted at an unknown time on E. Academy Street near Scotland Run Park in Clayton though this has not yet been confirmed.

Read the original report??| ?More from NBCPhiladelphia.com

Hundreds of neighborhood volunteers met at a nearby church and passed around fliers Sunday night. The Clayton?Police Department, Child Abduction Response Team, New Jersey?State Police, the FBI and officers from 40 other police departments are all taking part in the search. Police say a c qell phone tower in Williamstown was the last to pick up a signal from Autumn's phone. Investigators believe her phone is now either off or has run out of power.

A family representative told volunteers to stay out of the woods so bloodhounds could try and pick up the girl's scent.

"People have been out searching all day everywhere," said Michelle Connell of Clayton. "All over town, every little park, railroad parks and school buildings. Every place we can think of."?

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The girl is described as a white female, standing 5-foot-2 and weighing 120 pounds with blue eyes and blonde hair in either a pony tail or bun. She was last seen wearing navy blue shorts underneath navy blue sweatpants, a yellow t-shirt with the words ?Clayton Soccer? on front, bright blue high-top sneakers and a silver or light Grey Cinch backpack with the word ?Reckless? printed across the back.

"She's a good kid," said Connell, who's daughter is friends with Autumn. "She's a sweet girl. Everyone is upset."

"Everyone's working together to try and find her," said Tony. "We love her and we want her to come home."

The search for the missing girl continued late into the night Sunday and will resume Monday morning.

If you have any information on the girl?s whereabouts, please call the Clayton Police Department at 856-881-2300.?

Source: http://usnews.nbcnews.com/_news/2012/10/22/14614746-police-search-for-missing-12-year-old-girl-in-new-jersey?lite

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