Thursday, March 15, 2012

Republicans would allow US FISA court to decide wiretapping lawsuits against telecoms

A monthslong logjam over a new government surveillance bill may be coming to an end after Republicans offered a compromise that would let people who think they were illegally spied on by the government have their day in court, albeit a secret one.

Republicans in the House of Representatives and the Senate disclosed on Thursday their latest proposal devised to resolve roughly 40 civil lawsuits filed against telecommunications companies that allegedly cooperated in President George W. Bush's so-called warrantless wiretapping program.

The Republican proposal makes other concessions. It would:

_Allow an inspector-general to investigate the …

[ METRO BRIEFS ]

Animal Control urges vaccination

Cook County Animal Control officials will be going door-to-door inBlue Island this week, encouraging pet owners to have their petsvaccinated, after a rabid bat was recently discovered there. AnimalControl Director Dan Parmer issued a notice urging all Cook Countyresidents to make sure pet vaccinations are updated and to keep "catsand dogs on leashes when animals are out of their homes." He alsoemphasized avoiding bats and skunks, which can be rabid and said"stray, non-inoculated animals are at greatest risk for tangling withwild animals and contracting rabies."

300 join national silent protest

About 300 Chicago high school …

Coast is clear thanks to Chicago 'Minehunter'

Coast is clear thanks to Chicago `Minehunter'

Mine countermeasure ships are one type of U.S. Navy ships designed with a primary mission of clearing harbor, coastal, and ocean waters of explosive mines. It is an inherently dangerous but necessary mission which ensures the safety of our ships at sea.

Naval officers like Demetrius Wilkins are part of this minehunter legacy. Their vigilance allows our president the flexibility to deploy our ships to trouble spots around the world.

Navy Lt. Wilkins, the 27-year-old son of Bobbie Wilkins of Chicago, is stationed on board the mine countermeasure ship USS Scout (MCM 8), based in Ingleside, Texas.

As the operations …

Russian presidential term extension bill approved

The lower house of Russia's parliament gave its final approval Friday to a bill extending the presidential term from four to six years, a move widely seen as paving the way for Vladimir Putin's return to the presidency.

The State Duma, dominated by the pro-Kremlin United Russia party, voted 392-57 Friday to approve the bill at its third and final reading. The bill, proposed by President Dmitry Medvedev, now goes to the equally controlled upper house where swift approval is expected.

The only opposition to the constitutional changes came from the communists, whose proposal to limit presidents to just one term was ignored.

Parliament leaders said …

Wednesday, March 14, 2012

Rail handout condemned

NATIONAL: A huge handout of taxpayers' money for Sir RichardBranson's rail company to compensate for a Railtrack contract failurehas been condemned by politicians and passenger groups.

With Railtrack in administration, the Strategic Rail Authority hasstepped in to provide the Virgin Rail group with around GBP100million to cope …

Rewrites stalled film, sent costs soaring Beatty rejects any behind-the-scenes responsibility

LOS ANGELES Three years in the making, the comedy "Town & Country"rolls into theaters today, minus the fanfare normally surroundingsuch a star-studded movie.

There was no gala premiere with Warren Beatty, Goldie Hawn, DianeKeaton and the film's other big names. Distributor New Line arrangedonly limited publicity interviews with cast members. There were noscreenings for reviewers till just two days before the opening.

"Town & Country" is Hollywood's latest "problem" film, aproduction plagued by delays, script troubles and rumors of strife onthe set.

"New Line is completely supporting the film, New Line fullybelieves in the film," studio spokesman Steve Elzer …

Vonn retains World Cup super-combined title

TARVISIO, Italy (AP) — Lindsey Vonn celebrated with equal parts of joy and relief after successfully defending her World Cup super-combined title on Friday.

Finishing second to Tina Maze of Slovenia in the season's third and final super-combined was enough for Vonn to clinch the small crystal globe given to the discipline champion.

Upon crossing the finish, Vonn dropped back into the snow and danced her skis in the air.

Vonn has been tested on multiple fronts this season. She still trails German rival Maria Riesch by 176 points in the overall standings, she missed the second half of last month's world championships due to recurring symptoms from a mild concussion, and …

Utah Valley defeats NJIT 61-56, wins Great West

NEWARK, N.J. (AP) — Freshman Ben Aird scored 17 points and grabbed 13 rebounds to lead Utah Valley to a 61-56 win over New Jersey Institute of Technology on Thursday night, clinching the Great West Conference regular-season title.

The Wolverines (19-10, 11-1), who have won five straight and nine of their last 10, swept the season series against the Highlanders (14-14, 8-3).

NJIT, the last conference team with a chance to catch Utah Valley for a …

Goodbye, television. Hello, video

Buy a digital video camera and desktop-editing software, and you can do it all - and still not spend what it would cost for 200 extra rating points of broadcast TV time.

THIS COLUMN is dedicated to those of you trying to decide whether 200 more gross rating points (GRPs) is worth it.

On May 11, U.S. Rep. Bob Franks of New Jersey, a candidate for the Republican U.S. Senate nomination, took 20 minutes out of his busy day to tape three 90-second TV spots. He sat in a plain chair against a plain background emblazoned with a simple logo, in a tiny room on the second story of a small building on Capitol Hill. He talked into the lens of a Canon DXA-4P, a digital video camera, …

Fiji finance minister preparing to sue newspaper over tax evasion report, lawyer says

Fiji's finance minister plans to sue the Pacific island country's leading newspaper for US$660 million (euro440 million) for alleging that he evaded taxes, his lawyer said Tuesday.

Finance Minister Mahendra Chaudhry's suit against the Fiji Times would be filed in the Fiji High Court "within the next few days," Chaudhry's lawyer Gyaneshwar Lala said in a statement.

The defamation suit against the newspaper, owned by Rupert Murdoch's News Corp., would be the latest pressure placed on the media by Fiji's military-backed government, which critics accuse of trying to intimidate the press.

Last week, the publisher of a different newspaper was …

Customizing Batavia couple expands master bedroom and walk-in closets

Building a custom home can be a daunting experience, but not forStan and Nancy Dederich, who recently built their fifth custom home,this one at Tanglewood Hills, a development in Batavia.

"We're comfortable with the building process, and we have a biastoward new homes and customization," said Stan. The Dederiches wereliving in Valparaiso, Ind., when Stan received a job transfer and anopportunity to return to the west suburbs of Chicago after a 12-yearhiatus.

The couple selected the 4,061-square-foot Carlisle plan. It has 4bedrooms and 31/2 baths. Amenities include a library, a living roomand a dining room. The attached garage has side-by-side parking forthree cars …

VOLUNTEERING AND THE FEDERAL GOVERNMENT SERVE AMERICA ACT

Introduction

Historically, as noted by Toman and Leichtman in this journal issue, volunteering in America has been defined, supported, and acted upon by decades of members of the United States Congress. The Serve America Act is this decade's version of legislating volunteering. The following article was written by attorneys, and therefore utilizes the standard legal reference for citations, the Harvard Blue Book. The authors highlight the main points of the Act, as well as offer their conclusions of its feasibility.

~ Sarah Toman

The Serve America Act (hereafter referred to as the Act), a 2009 amendment to the National Service Act of 1990 [42 U.S.C. � 12501], was …

Security stays tight, as usual, at Yankee Stadium

Staying near Times Square, Chicago White Sox manager Ozzie Guillen was up until 3 a.m. watching the news.

The failed bomb attack happened two blocks from his hotel. Later that morning, he was at Yankee Stadium, and a bit shaken.

"Things were kind of scary," Guillen said.

Police in the Bronx monitored the more than 45,000 fans attending the Sunday afternoon game between the Yankees and White Sox without adding to their typical force. Less than 12 hours earlier much of Times Square, teeming with thousands of midtown Manhattan tourists, was evacuated Saturday night when a smoking sport utility vehicle carrying a bomb was found on 45th street.

"Our usual precautions are sufficient," police spokesman Paul Browne said.

From Baltimore to Florida to Chicago and St. Louis, major league baseball teams playing afternoon games Sunday reported no change in security.

"We already have tight security measures. So, nothing in addition," Tigers president Dave Dombrowski wrote in an e-mail before Detroit hosted the Los Angeles Angels.

The Pittsburgh Marathon, however, was briefly halted when police found a suspicious device near the finish line. Investigators said they believed that the device, which was disabled by a robot, was not an actual explosive. Authorities tried to reroute the race but eventually ended up delaying it in the area for 10 to 12 minutes.

The Pittsburgh Penguins, in an afternoon NHL playoff game against Montreal, increased security around their arena after the marathon scare.

The White Sox were staying at a hotel on 47th street, two blocks from the crime scene. Several players were out Saturday night, some with their wives, but none were affected by the evacuation. Mark Buehrle, the White Sox's starting pitcher Sunday, spent several minutes asking teammates where they were.

Guillen was out to dinner uptown and returned to find Times Square crawling with police and pedestrian onlookers.

"We should feel proud of the people here in New York about the way they handled it," he said.

The White Sox were in New York when the attacks of Sept. 11, 2001, occurred in Lower Manhattan.

The Yankees have tight security standards. The stadium's plazas are ringed by pylons and there is a police station with a street entrance near the bleachers.

Fans cannot bring in backpacks or even large diaper bags into the stadium, according to the security policy posted on the team's site. Media members must put bags and equipment through airport-style X-ray machines.

"We'll remain vigilant from a screening standpoint as we are with every game," Yankees spokesman Jason Zillo said.

Filing into the stadium Sunday, some fans carried clear plastic bags that are given to spectators if their regular bags are deemed unacceptable for security reasons.

"I didn't notice anything different," Bill Levin, 64, of River Vale, N.J. "They didn't pat me down like they usually do."

___

AP Sports Writers Larry Lage in Detroit and Alan Robinson in Pittsburgh contributed to this report.

Tuesday, March 13, 2012

Louisville updates downtown visitor maps

LOUISVILLE, Ky. (AP) — Louisville's Downtown Management District has updated maps to make it easier for downtown visitors to get around.

The maps include information on restaurants, pubs, coffee shops, hotels, parking facilities and attractions. The district says more than 120,000 are distributed each year to the Louisville Visitor Center and downtown hotels and businesses.

The maps are available for download online at www.ldmd.org . The new maps also feature a QR code that allows smart phone users to download the map to their phone.

AIG employees starting to return bonuses, CEO says

The head of battered insurance giant AIG told Congress on Wednesday that "we've heard the American people loudly and clearly" in their rage over executive bonuses, and he appealed to employees to return at least half the money.

Testifying under oath at a congressional hearing as intense as any in recent memory, Edward Liddy said some workers already have stepped forward to give money back.

The company became the target of a political firestorm after the disclosure over the weekend that it had paid $165 million in "retention bonuses" to its employees at the same time it was accepting bailout funds from U.S. taxpayers. Some of the payments were made to the same traders and executives whose risky financial behavior caused the company's near collapse.

Meanwhile, President Barack Obama said Wednesday he wants legislation to give the federal government vast new powers over financial institutions like AIG to protect the public.

Obama, speaking to reporters at the White House, said the powers would be similar to those now exercised over banks by the Federal Deposit Insurance Corporation. It would be part of the administration's broader package of new finance regulatory steps, he said.

Since AIG is an insurance company and not a bank, it is not subject to the same oversight.

"We've got a big mess that we're having to clean up," the president said. "Nobody here drafted those contracts" that resulted in the bonuses being paid out to AIG employees, he added.

Obama also defended his administration _ and specifically Treasury Secretary Timothy Geithner _ against questions about its handling of the AIG fiasco.

"Nobody here was responsible for supervising AIG and allowing themselves to put the economy at risk by some of the outrageous behavior that they were engaged in," Obama said.

Now, however, "the buck stops with me," he said. "And my goal is to make sure that we never put ourselves in this kind of position again."

Liddy told a House Financial Services subcommittee that, while the bonuses were a legal obligation of the company that is now 80 percent owned by the federal government, he had "asked those who have received retention payments in excess of $100,000 or more to return at least half of those payments. Some have already stepped up and returned" 100 percent.

He provided no further details.

Under questioning, Liddy said he allowed the bonuses because he believed to do otherwise "could have brought down the whole corporation. ... We thought it was wiser to err on the side of caution."

Asked if AIG could survive without additional government money, Liddy said, "I believe we are adequately capitalized, particularly with the ability to draw down on the additional $30 billion" in bailout money in the pipeline. Survival "is very much a function of what happens with the capital markets around the globe. If investment values, if asset values continue to go down, it will be a problem for everybody in the life insurance industry."

Responding to a question, Liddy also said the Federal Reserve knew in advance of the bonus payments and acquiesced in them.

Fed Chairman Ben Bernanke has been publicly critical of the bonuses, as have Obama, Geithner and congressional leaders from both parties.

Despite Liddy's announcement that employees were stepping forward to return bonus money, he ran into a wall of criticism from committee members.

Rep. Barney Frank, D-Mass., chairman of the Financial Services Committee, demanded that the company submit to Congress a list "of people who received the bonuses, whether they paid them back or not." If the names were not provided "without restriction," Frank warned, he would ask the committee to vote to subpoena them.

Liddy said he would "comply with the law:" but was "concerned about the safety of our people."

He said he would give the names of the bonus recipients only on the basis of confidentiality. He read aloud threats that AIG employees had received, including one that suggested that all bonus recipients should be "executed with piano wire around their necks."

Another one read: "If the government can't do this properly, we the people will take it in our own hands and see that justice is done. I'm looking for all the CEOs' names, kids, where they live, etc."

Frank said he would consult with security officials, but that his request for the names would stand.

Rep. Scott Garrett of New Jersey, the senior Republican on the subcommittee, complained that the administration still has no strategy for disentangling itself from the insurance giant.

"Part of me wants to say to some of the loudest critics, 'What did you expect and why weren't you asking more questions before?' I would argue that the real outrage now is the $170 billion of taxpayer money that's been pumped into this company and to what effect," he said.

Rep. Gary Ackerman, D-N.Y., said there was a "tidal wave of rage" throughout the country.

Meanwhile, the agency that oversees AIG said that, while its criticism of the company's practices had sharpened over the past five years, it had failed to recognize the extent of the risk posed by the exotic financial instruments the insurance company offered, many of them tied to a housing market that had long been rising.

Scott Polakoff, acting director of the Office of Thrift Supervision, said regulators failed to accurately predict what would happen to AIG's so-called credit default swaps _ a form of insurance _ if housing values collapsed, as they have. "There are a lot of people walking around who failed to understand how bad the real estate market had gotten," he said.

AIG is under fire for $220 million in retention bonuses paid to employees in its troubled financial products division. The most recent payment of $165 million began to be paid last Friday.

The retention payments _ ranging from $1,000 to nearly $6.5 million _ were put together in early 2008, long before then-Treasury Secretary Henry Paulson asked Liddy to take over the company. Liddy, the retired former chief of Allstate Insurance Co., is not getting a bonus and is drawing only $1 a year in salary.

"No one knows better than I that AIG has been the recipient of generous amounts of governmental financial aid. We have been the beneficiary of the American people's forbearance and patience," he said. But he also said that "we have to continue managing our business as a business _ taking account of the cold realities of competition for customers, for revenues and for employees."

The clamor over compensation overshadowed AIG's weekend disclosure that it had paid out more than $90 billion of the federal aid to foreign and domestic banks, including some that had multibillion-dollar U.S. government bailouts of their own.

Blackhawks-Blue Jackets, Sums

Chicago 0 0 0_0
Columbus 0 1 3_4
First Period_None. Penalties_Bolland, Chi (slashing), 4:23Toews, Chi (tripping), 16:10Novotny, Clm (roughing), 16:10Hjalmarsson, Chi (tripping), 16:39.
Second Period_1, Columbus, Lindstrom 3 (Wilson, Novotny), 4:49 (pp). Penalties_Byfuglien, Chi (hooking), 4:42Nash, Clm (interference), 6:12Klesla, Clm (hooking), 12:42.
Third Period_2, Columbus, Wilson 1 (Zherdev, Malhotra), 7:13. 3, Columbus, Novotny 9 (Vyborny), 8:39. 4, Columbus, Peca 6 (Klesla, Nash), 11:57. Penalties_Bolland, Chi (boarding), 2:15Sharp, Chi (tripping), 9:59Novotny, Clm (slashing), 11:23Kane, Chi (hooking), 15:08Seabrook, Chi, major (fighting), 18:40Rome, Clm, major (fighting), 18:40Zherdev, Clm (holding), 20:00.
Shots on Goal_Chicago 4-6-7_17. Columbus 12-11-13_36.
Power-play opportunities_Chicago 0 of 3Columbus 1 of 6.
Goalies_Chicago, Khabibulin 20-19-6 (36 shots-32 saves). Columbus, Norrena 10-17-5 (17-17).
A_14,454 (18,136). T_2:19.
Referees_Stephane Auger, Dan O'Rourke. Linesmen_Pierre Champoux, Tony Sericolo.

Homes Set for W. Dundee

The 65-acre Fairhills of Canterfield will consist of 122single-family homes in the Canterfield development in West Dundee.

The homes are pre-construction priced from $215,990 to $249,990.

The models feature 4 or 5 bedrooms, 2 1/2 to 3 baths and 2 and3-car garages.

"The homes at Fairhills of Canterfield offer a blend ofcontemporary architecture with many traditional design elements,"said Michael Kelahan, sales manager for Ryland Homes. Fairhills of Canterfield, on the northwest corner of Boncosky Roadand Illinois Route 31 in West Dundee; Ryland Homes, (708) 836-7638.

French writer drops plan to sue Strauss-Kahn

PARIS (AP) — A French writer whose claim that Dominique Strauss-Kahn tried to rape her in 2003 was dropped by prosecutors says she won't file a civil suit against the former IMF head and one-time French presidential hopeful.

Tristane Banon says she's "always said that I'd file a civil suit only if my status as a victim was not recognized."

French prosecutors last week dropped their criminal probe into Banon's attempted rape claim, but said that Strauss-Kahn admitted during questioning to actions that qualify for the lesser charge of sexual assault.

Speaking Wednesday on French TV channel Canal+, Banon said the prosecutor had recognized her as a victim of sexual assault, but the case couldn't be pursued because the three-year statute of limitations on sexual assault had expired.

Bosh Leads Raptors Over Knicks 103-95

Chris Bosh had 29 points and 10 rebounds, Rasho Nesterovic added 18 points, and the Toronto Raptors beat the New York Knicks 103-95 on Friday night.

Rasho Nesterovic had 18 points and Anthony Parker added 15 for the Raptors, who won their second in a row after losing 11 of their previous 14.

Starting for the second straight game, Toronto guard T.J. Ford had 10 points and nine assists.

Jamal Crawford scored 26 and Jared Jeffries had 21 points and 10 rebounds for the Knicks, who have won just two of their past 15 games. Quentin Richardson added 20 points and 10 rebounds while David Lee had 15 and 12 for New York.

Knicks forward Zach Randolph missed the game because of flu-like symptoms.

Andrea Bargnani scored 12 points as the Raptors handed New York its eighth straight loss in Toronto. The Knicks' last win north of the border came March 5, 2004.

Leading 32-23 after the first, Toronto widened the gap to 44-30 at 5:43 on a follow dunk by Bargnani. Two baskets by Jeffries and a pair of 3-pointers by Crawford keyed a 14-3 New York run over the next five minutes before a Bosh jumper gave the Raptors a 49-44 edge at the intermission.

A rare 3-pointer by Bosh, his fifth of the season, at 3:22 of the third, gave Toronto a 71-59 edge. The Raptors led 76-68 heading into the fourth.

Notes: Referee Michael Smith was checked by medical staff after crashing into a courtside advertising board in a collision with Richardson late in the third. Smith was able to finish the game. ... Toronto dressed forward Linton Johnson, who signed a 10-day contract Thursday, but he did not play.

Target, soft loans for exporters ; Encouraged by the export figures for 2007-08, despite an appreciating rupee, the government is targeting an ambitious exports target for 2008-09.

Encouraged by the export figures for 2007-08, despite anappreciating rupee, the government is targeting an ambitious exportstarget for 2008-09. Senior Commerce Ministry officials told BT thatthey feel that an export target of $200 billion (Rs 8 lakh crore)for 2008-09 is entirely achievable. They point out that this year,exports are likely to be close to the Commerce Ministry projectionof $160 billion (Rs 6.4 lakh crore), despite the apprehension tillrecently that this target may not be achieved. So, a 25 per centincrease is possible.

However, the ministry acknowledges that for this, it would haveto lend a helping hand to labour-intensive industries such astextiles, leather and handicrafts, which have been hit hard by thedearer rupee. On the cards are loans at concessional rates to thesesectors by banks.

Rishi Joshi

Thompkins, Georgia drop No. 8 Tennessee 78-63

Trey Thompkins scored 21 points and Georgia led by double digits most of the way to beat No. 8 Tennessee 78-63 on Saturday and end the Vols' seven-game winning streak.

Georgia ended Tennessee's streak of 10 straight wins in the series, including eight straight under coach Bruce Pearl.

Georgia (9-8, 1-3 Southeastern Conference) made 7 of 12 3-point attempts to give first-year coach Mark Fox his first SEC win. The Bulldogs lost each of their first three conference games by no more than four points.

Scotty Hopson led Tennessee (15-3, 3-1 SEC) with 19 points and was the only Tennessee player to make a 3-pointer. The Vols made only 3 of 16 attempts beyond the 3-point line, including 3 of 6 by Hopson. Bobby Maze added 11 points.

Travis Leslie had several jams and 19 points for Georgia, which beat Tennessee for the first time since Feb. 21, 2004.

Senior Wayne Chism, who had only 6 points, launched an air ball on Tennessee's first possession, setting the pace for a poor first half. The Vols led 4-2 before Georgia scored 12 straight points. Leslie had a breakaway reverse jam following a steal, and Jeremy Price added another jam for a 14-4 lead.

Thompkins had 14 points in the first half, including a jam to give Georgia a 40-20 lead. The Bulldogs led 42-27 at the half.

Chism was escorted to the locker room after suffering an apparent left knee injury with 9:22 remaining in the first half. He suffered the injury when fouled by Price. Chism, the team's second-leading scorer, was back in the game at the 7:51 mark.

Tennessee guards Cameron Tatum and Melvin Goins played for the first time since they were reinstated to the team one week ago. Pearl suspended Goins and Tatum, along with forward Tyler Smith and center Brian Williams after the four were arrested on misdemeanor gun, drug and alcohol charges during a traffic stop in Knoxville on Jan. 1.

Goins had 2 points. Tatum had 1 point.

Williams is indefinitely suspended. Smith was dismissed from the team Jan. 8.

The Vols were denied their first 4-0 start in the conference in 21 years.

Monday, March 12, 2012

Deal to save Germany's Hypo Real Estate fails

Germany's No. 2 commercial property lender, Hypo Real Estate Holding AG, said Saturday that a euro35 billion (US$48 billion) rescue plan for the company had fallen apart after private lenders withdrew support.

Hypo said it would seek to stay in business through "alternative measures," but it did not say what those might be.

The company said it was "in the process of determining the consequences" of the rescue plan's failure, according to a statement.

Hypo was the first German blue chip to seek a government rescue after running into trouble in mid-September as credit froze on international markets.

The plan _ approved on Thursday by the EU _ would have entailed the German government injecting euro27 billion (US$37 billion) and a "liquidity line to be provided by a consortium of several financial institutions," the company said.

"The consortium has now declined to provide the line," it said, without identifying the banks in the consortium. The government had said last week that none were foreign.

The German government had no immediate comment on the plan's collapse. A spokeswoman for German financial regulator BaFin also declined to comment.

MB poised for takeover of Lincoln Park site

A Chicago-based real estate firm with ownership and financialbacking on the East Coast is expected to take over a long-stalledhigh-rise project in the Lincoln Park area.

Sources said MB Real Estate will assume control of the formerColumbus Hospital property, 2520 N. Lakeview. Its three-acre size,rare in the tightly packed community, and its lakefront views havemade it a prime site for speculation in luxury housing. But the firmthat has controlled the property since 2001, American Invsco Corp.,has been unable to begin the project.

Chairman Nicholas Gouletas agreed to buy the site for $35 million,but couldn't generate enough condominium sales to finance even thedemolition of the old hospital.

Real estate executives with direct knowledge of the site said MBReal Estate will take over with funding from a unit of GeneralElectric. Terms could not be learned, but sources said GE would fundthe land acquisition and leave construction management and condosales to MB Real Estate.

Gouletas is not expected to keep a role in the deal. He did notreturn calls.

Besides falling behind in loan payments to LaSalle Bank, Gouletasalso owed at least $400,000 at one point to the project's architect,Lucien Lagrange, and the law firm that handled the zoning.

Two people said MB Real Estate and GE are within days of closingthe sale.

Peter Ricker, chairman of MB Real Estate, acknowledged discussionsabout the property in the past but said, "At the moment, I'm notdoing anything with it." He also said he's not involved with GE onany matter.

His firm is owned by brothers Edward and Howard Milstein, New Yorkreal estate investors who have done many housing deals. MB RealEstate is primarily an office building manager and investmentadviser.

Jerry Karr, a managing director at the GE unit, didn't returncalls.

As backed by the City Council in 2002, the project called forabout 325 units in three buildings facing Lakeview, the tallest being38 stories. Without changing the building size, Gouletas laterreduced the number of units to about 180, making them larger andproposing to charge rates that set new highs for the market of about$1,000 a square foot.

Sources said MB Real Estate will return to the original 325-unitplan, and might even seek to build more to cover a hefty purchaseprice and construction costs that grew steeper with increases forsteel, copper and other materials.

Gene Fisher of the Diversey Harbor Lakeview Association, said hisgroup would fight any effort to add units to the project. "The singlemost serious problem we see is its effect on traffic and congestion,because the place is already in gridlock," he said.

droeder@suntimes.com

Rice futures on Chicago Board of Trade climb to all-time record on robust export demand

Strong export demand for U.S. rice led Chicago Board of Trade March rice futures to establish a new all-time high Wednesday, with the potential to extend prices higher, analysts said.

Light speculative buying helped push March futures to $13.45 per hundredweight _ above the previous all-time high on monthly continuous charts of $13.40. Although January rice is currently the lead month, market participants have been actively rolling out of the January contract and into March before January moves into its delivery phase, a CBOT floor analyst said.

Last week, the CBOT rice futures contract rallied to $13.34 per hundredweight before retreating as "prices got fluffy," said Jack Scoville, vice president and analyst with Price Futures Group.

Strong export demand for U.S. rice has boosted prices this fall as several major rice-producing countries have stopped exporting as poor weather this year has trimmed production.

A poor crop in Vietnam earlier this year and the recent decision by India to ban non-basmati rice exports has removed the second-and third- largest rice exporters from world markets, leaving the U.S. and Thailand as the world's major rice suppliers.

"Rice prices need to go higher to ration demand and that hasn't happened yet," said Ed Taylor, an analyst at Firstgrain.com.

Seasonally, rice tends to trade sideways to lower in December with participants moving to the sidelines ahead of the holidays. In addition, the harvest of a new crop in Asia during the December and January timeframe adds to the seasonal weakness.

The normal seasonal decline hasn't occurred as the demand for U.S. rice has limited its impact, said Taylor.

Thursday, the U.S. Department of Agriculture reported total rice weekly export sales commitments were 2 million metric tons in the 2007-2008 marketing year, 59 percent of what the USDA forecast for the entire year, which ends next summer.

The loss of production, plus an increase in world consumption, has resulted in the tightest world stocks since 1983 and 1984, according to the USDA.

Strong demand for corn, wheat and soybeans will keep rice firm, as rice prices need to be high enough to encourage rice acreage this spring, analysts said.

"It's more than just what's happening with rice demand, it's the competition for acreage with the other crops in the U.S.," said Bill Nelson, associate vice president of AG Edwards & Sons in St. Louis. Rice plantings have declined significantly from the level seen two years ago while demand has increased. The U.S. cannot afford to continue to lose rice acreage, said Nelson.

___

Joe Poncer is a correspondent of Dow Jones Newswires.

Timberlake, Pitt spoofed in upcoming Wii game

Justin Timberlake and David Beckham don't have any real-life beef with each other, but cartoonish characters resembling the famous crooner and soccer player will face off _ along with 16 other A-list impersonators _ in the upcoming Wii boxing game "Ready 2 Rumble Revolution" from publisher Atari and developer AKI.

Besides the Timberlake and Beckham copycats, players can don boxing gloves as a lanky Brad Pitt ringer named Fight Clubber or a flabby John Travolta lookalike dubbed Fever Friction. Other characters resemble such famous faces as Sylvester Stallone, David Hasselhoff, James Brown, Arnold Schwarzenegger, Shaun White, Simon Cowell and Antonio Banderas.

"We went with a decent mix of mostly modern, mainstream people that I think much of the younger generation will recognize and know, but then we also went to the other end and grabbed characters that we think some of the older people will recognize as well," said "Ready 2 Rumble Revolution" producer Todd Slepian of the game's casting choices.

Unlike previous "Ready 2 Rumble" games, which only offered a handful of unlockable famous stand-ins, the producers opted to fill the ring with celebs for the series' first outing on the Wii _ although gamers will be able to create their own customizable boxers from scratch. Slepian insists the celebrity-inspired characters are meant as parodies, not clones.

"We wanted to reach out to a broader audience, make it a little bit more mass market and add an element of humor," said Slepian. "All of these characters are funny and over the top. We thought it lent itself to the 'Ready 2 Rumble' brand. All of the old character parodies were received pretty well, so we figured we'd take it to the next level."

___

On the Net:

http://www.atari.com/us/games/ready_2_rumble_revolution/wii

Copa Libertadores Glance

Arsenal (Argentina) 2, Mineros (Venezuela) 0

Wednesday, Jan. 30

Cruzeiro (Brazil) 3, Cerro Porteno (Paraguay) 1

Atlas (Mexico) 2, La Paz FC (Bolivia) 0

Thursday, Jan. 31

Olmedo (Ecuador) 1, Lanus (Argentina) 0

Cienciano (Peru) 1, Wanderers (Uruguay) 0

Thursday, Feb. 7

Chico FC (Colombia) vs. Audax Italiano (Chile)

Second Leg

Tuesday, Feb. 5

Lanus (Argentina) vs. Olmedo (Ecuador)

Mineros (Venezuela) vs. Arsenal (Argentina)

Wednesday, Feb. 6

La Paz FC (Bolivia) vs. Atlas (Mexico)

Cerro Porteno (Paraguay) vs. Cruzeiro (Brazil)

Thursday, Feb. 7

Wanderers (Uruguay) vs. Cienciano (Peru)

Tuesday, Feb. 12

Audax Italiano (Chile) vs. Chico FC (Colombia)

Maintaining control

Scenario:

DIRECTORS OF THE $2 BILLION CITY SAVINGS BANK are sitting through the exit interview from their most recent exam when the examiners announce they've uncovered fair lending violations involving four loans. Before the chairman or president can respond, an irritated long-time director admonishes the head examiner for nit-picking their otherwise clean bank portfolio and inappropriately alarming the board on such "minor violations." The examiner proceeds to educate the irate director on the importance of board support of fair lending practices, but this only exacerbates the situation into a heated exchange. The chairman knows this outburst can bias the examiner's analysis of the board's ability to perform its duties and suggests the group take a short break. The chairman and several key board members recognize the need for intervention to ensure damage control.

We asked several individuals who might play roles in such a situation how they would react.

"Fair lending statutes are the law of the land whether or not you agree with their stated purpose. Accordingly, it is not an option for the board to choose between compliance or noncompliance. It is important to understand that the initial arbiter of the bank's compliance or noncompliance with fair lending laws is the banking regulator. While the regulator's decision ultimately can be appealed, this is a costly and time-consuming undertaking that, at the very least, could alienate the bank's primary regulator.

Regulators have a tremendous amount of discretion in dealing with a violation. They can choose among several levels of enforcement action ranging from mild to severe. It is for this reason that I would advise the board of directors to make peace with the examiner as quickly as possible, preferably before the regulator issues a written decision on the remedy for the violation. In this regard, once the meeting with the regulators is reconvened, the entire board should emphasize a commitment to both the letter and spirit of the fair lending laws and outline the actions it will take to prevent a recurrence of these violations. Such actions may include hiring a compliance officer, engaging a consultant, and retraining all employees on the requirements of fair lending laws."

JOHN J. SPIDI, ESQ.

Partner

Malizia, Spidi, Sloane, fs Fisch, P.C. Washington, D.C.

"Every day our examiners work with financial institutions to ensure equal opportunity in lending. Although few lenders believe that intentional discrimination is prevalent, we know that they all share a genuine concern about the more subtle or inadvertent forms of lending discrimination, which are also illegal. It is critical that the bank's management, including its board of directors, understands the importance of fair lending laws.

In this scenario, the irate director doesn't seem to grasp the importance of the fair lending laws to the bank. I would suggest that the examiner again attempt to emphasize their importance, stressing both the downside of violations, such as customer dissatisfaction, civil liability, and potentially very serious reputational risk, and the upside of timely corrective action, such as customer satisfaction and the mitigation of regulatory sanctions, including those of the Department of Justice."

STEVEN D. FRITTS

Associate Director

Division of Compliance and Consumer Affairs Federal Deposit Insurance Corporation Washington, D.C. "Let's assume that this scenario represents the `worst case,' where the examiner has identified a pattern or practice of discrimination or discouragement on a prohibited basis under the Equal Credit Opportunity Act, necessitating referral to the U.S. Department of Justice (DOJ). The chairman's suggestion to take a short break is most appropriate; as the irritated director and the examiner need to calm down.

If a fair lending situation trips the mandated statutory threshold, the matter must be referred to the Justice Department. The law provides no discretion where an agency has reason to believe there is a pattern or practice of discrimination or discouragement. Histrionics won't change that.

The board is certainly encouraged to look at its fair lending compliance program and make necessary changes to it."

TIMOTHY R BURNISTON

Director, Compliance Policy

Office of Thrift Supervision

Washinglon, D.C.

"The examiner is obligated to act on his findings at the bank, including the board members' level of commitment and responsibility. This "Lone Ranger' outburst is destructive. It does not represent the perspectives of fellow board members and places the entire board and bank under closer scrutiny. The chairman was wise in suggesting that a short break might be in order. This is the only opportunity for the chairman, president, and other directors to recapture control of this explosive situation.

It would be appropriate to immediately usher this irritated long-term director into private quarters. [Were this my bank,] I would encourage other directors to join our "sidebar" meeting in private. At such time, the chairman could explain the magnitude of error this director has instituted against himself, the board as a whole, and the entire financial institution.

With that explanation, I would expect a full and immediate apology from this director once the board was reconvened with the examiners. I would look for unanimous support of the examiner's report with a complete commitment to review the issues the examiner revealed...

Finally, I would request that this director take a serious look at his contribution to the board and whether or not he should play a future role with it."

TODD L. JOHNSON

Director

National Bank of Commerce

Superior, Wisc.

"Like many thoughts that cross our minds, a good number should never clear our throats. It isn't that we don't ever feel or think the same thing that this director verbalized, but assailing a regulator of the banking industry isn't the way to win friends or influence people. Alienating a regulator probably isn't the way to motivate him or her to work with the bank in finding a way to succeed. Regulators take their jobs very seriously for good reason: They've been entrusted with the tremendous responsibility of assuring the safety and soundness of our nation's banking institutions. Respecting them as individuals-as well as for the significant role they play in working with the bank-is critical to the bank's long-term welfare.

To ameliorate the damage caused, I'd explain to the director the importance of a positive, productive relationship with the regulator and respectfully request that he apologize for the outburst. And once the ruffled feathers have been successfully smoothed, I'd recommend a Dale Carnegie course for the offending director A.S.A.P." GREG THL Rh1 AN Director

Premier Bank of Brentwood Brentwood, Tenn. "Clearly, a break in the action is needed. I suggest that several of the outside board members, especially those who are close to the irate long-term director, huddle with him in another room. And while they need to emphasize their support and empathy for his position, they also must stress to him that he is engaged in a no-win battle and is actually harming the bank's credibility in the eyes of a powerful federal regulator. Suggest to the irate director that he hold this peace when the meeting reconvenes and let other board members speak.

Meetings with examiners should be carefully planned. `Loose cannon' directors should be coached to be quiet or limit their comments to very generic supportive ones. We also recommend that if one or two articulate outside board members have positive reinforcing disagreement with examiners then the bank's case should be stated professionally and followed up with written documentation as to why the board disagrees with an examiner's position. However, these challenges should be limited to serious situations and not personality conflicts or disagreements over minor issues." GEORGE FREIBERT Chairman

Professional Bank Services Louisville, Ky. "The chairman of the board must immediately regain control of the meeting. After the examiner is temporarily excused, the chairperson should politely admonish the individual director for overzealously representing a position that may or may not be the mood of the board. Hopefully, the chairperson would reinforce the examiner's view on the importance of complying with fair lending practices. If the individual director refused to back down, the chairperson should call for a vote of the board supporting either the chairperson's position or the individual director's opinion. The chairperson should also call for a motion to formally apologize to the examiner stating that the official opinion of the board is to strongly support full compliance of fair lending practices.

Last, but not least, the chairperson should request that no one director expresses a contrary management position to the examiner without prior full discussion and approval of the board. Ideally, this situation should not happen in a well-run board meeting." F. GEOFFREY TOONDER, M.D. Director East Penn Bank Emmaus, Pa. "The volatile situation between the examiner and the long-term director could have been avoided if the exit interview had been conducted with the CEO (as is standard practice) before taking the problem to the board. In addition, the CEO has the obligation to present the results of an examination to the audit committee, and the chairman of the audit committee generally presents the findings of the examination and the bank's response to the full board.

This procedure should be explained to the long-term director during the short break, and the CEO and chairman should redirect the exit interview to either the audit committee or participate in the interview themselves.

A little up-front planning could have avoided the confrontation and risking the future ire of the examiners." A. WAYNE SAUNDERS, CPA Director

Bank of Lancaster Kilmarnock, Va. "The chairman has good reason to be concerned. You might have sympathy for the director's position, but a confrontational exchange with an examiner will not be productive. The examiner is required to report all violations of laws and regulations to the board. Further, the ramifications that the bank and its board could suffer, if the regulators feel that the directors do not take their compliance responsibilities seriously, are significant. The break is a good idea. The chairman and the directors who understand the seriousness of this issue need to take the irate director aside. They should explain to him that the consequences for non-compliance could be extreme. They also need to help him understand that there are procedures set up by the regulatory agencies to handle disagreements between the bank and the examining team. Finally, an apology should be extended to the examiner along with a commitment by management to provide additional training to the board on compliance issues. The chairman should then ensure that the training takes place on a timely basis. Files should be maintained to show the content of the training to reflect that all directors participated.

It is important to remember that the violations were found in a sampling of the loan portfolio. If this sampling were extrapolated out, the number of violations could be more significant. The examiners are not trying to penalize the bank for singular mistakes but are looking for patterns of non-compliance.

Finally, it has been my experience that a bank that works openly and cooperatively with examiners has fewer problems. If you set up good procedures, document your efforts, and cooperate with the examining team, your exams will be less confrontational. Once mutual trust and respect have been established, the examination process can be mutually beneficial to the bank and the regulatory agencies."

J. STEPHEN HAMILTON

President and CEO

State Bank of LaCrosse

LaCrosse, Wisc.

[Author Affiliation]

TK Kerstetter is chief operating officer for Bank Director and Board Member Inc.

Wednesday, March 7, 2012

Rangers rough up Cook in 16-5 win over Rockies

Aaron Cook was hit hard in his second spring start, allowing nine hits and nine runs, five earned, in 2 2-3 innings, and the Colorado Rockies were pounded by the Texas Rangers 16-5 on Thursday.

Cook hit Ian Kinsler with a 1-2 pitch during a four-run first when he gave three hits, including a two-run homer to first baseman Chris Davis, who went 4 for 4 with 3 RBI. Michael Young was 3 for 3 and Taylor Teagarden knocked in three runs for the Rangers, who had 23 hits.

Cook was hoping to throw 40 pitches or less but ended up throwing 73, leaving after a double by Young during a five-run second inning for Texas. Four of those runs were unearned due to a throwing error by third baseman Ian Stewart on an attempted force play.

"(It was) a little bit elevated," Cook said of his signature sinker. "When I would get it down, it was going down out of the zone. So I was kind of fighting myself with that."

Rockies right fielder Brad Hawpe, slowed at the outset of spring training by an infection in his left big toe, doubled in his first two at-bats.

"I felt good at the plate," said Hawpe, who also had two hits in an intrasquad game Wednesday. "Continue to feel good at the plate, that's the trick. The other part of the puzzle is get your legs ready for the baseball season and your arm."

Colorado manager Jim Tracy said he would not have played Hawpe at the start of Cactus League play, anyway, feeling he had overused Hawpe in the second half of 2009 _ when he slumped to a .240 average with nine homers and 27 RBI after becoming an All-Star for the first time.

The 30-year-old Hawpe said he couldn't maintain his energy and strength as the season wore on, and he changed his diet and exercise regimen in the offseason to try and increase his durability.

"Physically, he looks really, really good," Tracy said. "The at-bats he took today, that was some kind of impressive."

NOTES: Rangers OF/1B Chad Tracy, whose father, Jim, manages the Rockies, doubled off Franklin Morales to open the seventh. Chad Tracy is expected to open the season at either Double-A or Triple-A. "The bat goes through the zone in a hurry," Jim Tracy said. "He can hit, and he knows he can hit." ... Rockies pitcher Jimmy Gobble began the ninth but strained his left groin while facing his fourth batter and left the game. ... The Rangers broke a five-game Cactus League losing streak. They had not won since they began exhibition play with a 13-3 win one week ago against Kansas City. ... 1B Jason Giambi will make his Cactus League debut Friday when the Rockies play San Francisco. ... Melvin Mora made his second consecutive start at second base. He has also started at third base and left field this spring.

North Korean human rights emerge as hot topic amid nuclear standoff

SANG-HUN CHOE, Associated Press Writer
AP Worldstream
02-15-2005
Dateline: SEOUL, South Korea
The 12-year-old girl's image is still burned in Kim Chun Ae's mind.

A few years ago, the girl was among dozens of young women cowering before North Korean border guards after being returned from neighboring China where they were sold as wives. Kim, 51, was looking for her own daughter whose fate she feared was the same. Now arrested and sent home, they both awaited their fate.

"I noticed this little girl clutching a piece of paper," Kim said Tuesday in an interview. The paper had the telephone number for the Chinese man who had bought her as his wife.

"The girl said she must find her way back to the man. She said the old man, her husband, used to place her on his lap and feed her rice," Kim said. "Back in North Korea, the girl hadn't eaten rice for years."

Human trafficking and other human rights concerns have emerged as a thorny issue between North Korea and an array of nations trying to get it to renounce nuclear weapons amid the nuclear standoff.

Thousands of North Korean women escape their communist homeland to seek food and work in China, only to fall victim to traffickers. The problem has grown worse as people living under Pyongyang's impoverished hardline regime have become increasingly desperate just to get enough to eat.

North Korea sees an increasing discussion of its human rights situation as an attempt to topple its regime.

The United States is relying on China to twist the North's arm to give up its nuclear ambitions and return to disarmament talks. But Beijing has refused to treat North Koreans on its territory as refugees and repatriates them as illegal migrants, and regularly cracks down on activists helping them defect to the capitalist South.

Even in South Korea, emotions are divided.

At the campus where a Tuesday conference on human rights in the North took place, students and activists hung banners condemning the gathering as part of a "U.S. ploy to isolate and stifle the North." They want reconciliation and gradual reform in the North over fears it might lash out unpredictably.

But at the Seoul conference, defectors criticized North Korean leader Kim Jong Il as a cold-blooded dictator.

"Kim Jong Il is keeping his people like cabbages in a field," said Kim Young Soon, 68, who arrived in South Korea in 2003. "And he waters them just enough, because no slave with a full stomach will obey his master."

Kim Young Soon said she spent 13 years in labor camps, along with people who committed such crimes as accidentally breaking a plaster bust of Kim Il Sung, North Korea's founding leader and the father of Kim Jong Il. Other crimes included listening to South Korean radio or using newspapers with Kim Il Sung's photo to cover a floor.

The mother, Kim Chun Ae, said her two daughters were kidnapped and sold to a Chinese man. Eventually, she was able to find them and the family defected to South Korea in June 2003.

But on her journeys to find her lost daughters, she got a firsthand glimpse of the human trade.

She described how human traffickers raped and sold North Korean women, and remembered a woman whose husband sold her for less than US$100. She recalled North Korean border guards beating a pregnant woman for "bringing Chinese seed home."

Twice, she was arrested and repatriated home but managed to escape again.

Despite all she's been through, she said she never wanted to return to the North, where worries about food were constant and even internal travel possible only with government permits.

"I spent so many nights in cow sheds to avoid human traffickers. ... But for me, there was no going back home," Kim Chun Ae said. "From China, I saw South Korean TV and I knew Kim Jong Il had fooled us."

Copyright 2005, AP News All Rights Reserved
North Korean human rights emerge as hot topic amid nuclear standoffSANG-HUN CHOE, Associated Press Writer
AP Worldstream
02-15-2005
Dateline: SEOUL, South Korea
The 12-year-old girl's image is still burned in Kim Chun Ae's mind.

A few years ago, the girl was among dozens of young women cowering before North Korean border guards after being returned from neighboring China where they were sold as wives. Kim, 51, was looking for her own daughter whose fate she feared was the same. Now arrested and sent home, they both awaited their fate.

"I noticed this little girl clutching a piece of paper," Kim said Tuesday in an interview. The paper had the telephone number for the Chinese man who had bought her as his wife.

"The girl said she must find her way back to the man. She said the old man, her husband, used to place her on his lap and feed her rice," Kim said. "Back in North Korea, the girl hadn't eaten rice for years."

Human trafficking and other human rights concerns have emerged as a thorny issue between North Korea and an array of nations trying to get it to renounce nuclear weapons amid the nuclear standoff.

Thousands of North Korean women escape their communist homeland to seek food and work in China, only to fall victim to traffickers. The problem has grown worse as people living under Pyongyang's impoverished hardline regime have become increasingly desperate just to get enough to eat.

North Korea sees an increasing discussion of its human rights situation as an attempt to topple its regime.

The United States is relying on China to twist the North's arm to give up its nuclear ambitions and return to disarmament talks. But Beijing has refused to treat North Koreans on its territory as refugees and repatriates them as illegal migrants, and regularly cracks down on activists helping them defect to the capitalist South.

Even in South Korea, emotions are divided.

At the campus where a Tuesday conference on human rights in the North took place, students and activists hung banners condemning the gathering as part of a "U.S. ploy to isolate and stifle the North." They want reconciliation and gradual reform in the North over fears it might lash out unpredictably.

But at the Seoul conference, defectors criticized North Korean leader Kim Jong Il as a cold-blooded dictator.

"Kim Jong Il is keeping his people like cabbages in a field," said Kim Young Soon, 68, who arrived in South Korea in 2003. "And he waters them just enough, because no slave with a full stomach will obey his master."

Kim Young Soon said she spent 13 years in labor camps, along with people who committed such crimes as accidentally breaking a plaster bust of Kim Il Sung, North Korea's founding leader and the father of Kim Jong Il. Other crimes included listening to South Korean radio or using newspapers with Kim Il Sung's photo to cover a floor.

The mother, Kim Chun Ae, said her two daughters were kidnapped and sold to a Chinese man. Eventually, she was able to find them and the family defected to South Korea in June 2003.

But on her journeys to find her lost daughters, she got a firsthand glimpse of the human trade.

She described how human traffickers raped and sold North Korean women, and remembered a woman whose husband sold her for less than US$100. She recalled North Korean border guards beating a pregnant woman for "bringing Chinese seed home."

Twice, she was arrested and repatriated home but managed to escape again.

Despite all she's been through, she said she never wanted to return to the North, where worries about food were constant and even internal travel possible only with government permits.

"I spent so many nights in cow sheds to avoid human traffickers. ... But for me, there was no going back home," Kim Chun Ae said. "From China, I saw South Korean TV and I knew Kim Jong Il had fooled us."

Copyright 2005, AP News All Rights Reserved

Monday, March 5, 2012

Sunny family trio

((PHOTO …

Drug Significantly Improves Smoking-Caused Lung Damage in Former Smokers; May Also Keep Former Smokers From Developing Lung Cancer.(Clinical report)

Byline: University of Colorado Denver

AURORA, Colo., Aug. 3 (AScribe Newswire) -- Iloprost, a drug used regularly to treat high blood pressure in the lungs, has been found to significantly improve the damage in former smokers, according to results of a multicenter Phase II clinical trial led by the University of Colorado Cancer Center. The results of the study were presented Aug. 2 at the International Association for the Study of Lung Cancer meeting in San Francisco.

The researchers examined lung biopsies of 152 people who had smoked at least 20 pack-years - equivalent to one pack a day for 20 years - before and after six months of treatment with either oral …

NEIGHBORS SEEK TO KEEP LAND AS IS.(CAPITAL REGION)

Byline: MICHELE MORGAN BOLTON Staff writer

Members of a neighborhood group opposed to the potential commercial rezoning of land at the corner of routes 4 and 43 are circulating petitions, making phone calls and plan to rally at a public hearing next week to tell their elected officials the land should remain as it is.

Close to 70 members of the Defreestville Area Neighborhood Association gathered Wednesday at St. Timothy's Lutheran Church to discuss the hot-button development issue that will next be addressed publicly at 7 p.m. Wednesday at La Salle Institute.

The North Greenbush Planning Board recently recommended the Town Board approve the rezone …

Senators Urge Administration To Accelerate Coast Guard's Deepwater Program.

Getting their two cents in as the Bush administration prepares its FY '05 budget request, 14 senators recently urged the White House budget office to nearly triple funding for the Coast Guard's recapitalization program so that the ship and aircraft systems could be developed and built over a 10-year span, or half the time currently planned.

The senators, led by Olympia Snowe (R-Maine), are seeking $1.9 billion in FY '05 to accelerate the Integrated Deepwater System, which was conceived as a 20-year project before the September 11, 2001 terrorist attacks against the United States.

"Since then our national priorities have changed and we have come to the stark …

SKorea Balks at Measures to Sanction North

SEOUL, South Korea - South Korea balked Monday at Washington's demand that it fully join a U.S.-led effort to intercept North Korean ships suspected of carrying supplies for the North's nuclear and missile weapons programs.

The South insisted that it was already doing enough to stem possible weapons proliferation from North Korea - which detonated a nuclear bomb on Oct. 9 - and announced no new measures to sanction the North under a U.N. Security Council resolution condemning the test.

The decision underscored Seoul's reluctance to anger Pyongyang and complicated efforts to resolve the standoff over the North's nuclear program now that the communist regime has agreed to …

Trouble blows in from Windy City

This just in: Chicago's selling a piece of Hollywood!

Hey, since when do we own a piece of Hollywood?

When no one was looking, a Chicago area investment firm bought the land above the "H" in the famed hillside "Hollywood" sign.

The firm's plan to sell the property -- with mansions possibly going up -- has set off a Los Angeles councilman.

"This is ours and it should remain ours," Councilman Tom LaBonge said. Residents fear houses would ruin the sign's photo-perfect backdrop.

The firm says nonsense, and argues the original owner of the land -- billionaire Howard Hughes -- wanted to build a home there.

"It won't spoil the view. It's on a …

Sunday, March 4, 2012

Cell culture vessel.(Apparatus & Consumables: Product News)

[ILLUSTRATION OMITTED]

Corning announced the new High Yielding Performance Flask Manual (HYPERFlask M) cell-culture vessel. Like its predecessor, the HYPERFlask M features a novel multi-layer design that has the same overall …

ACTION POSTPONED ON SLINGERLANDS POST OFFICE.(Local)

Byline: Barbara Hayden Staff writer

Concerned about traffic safety, sidewalks and the proximity of a historic cemetery, the Planning Board Tuesday night postponed action on site approval for a new Slingerlands post office.

The board, meeting in Town Hall before an audience of about 50 people, heard Paul Hite, Delmar engineer, surveyor and planner. He said the building would be located on 3.15 acres of commercially zoned land near the intersection of Kenwood Avenue and New Scotland Road behind Hoogy's Restaurant.

It also would be across the road from the present Slingerlands post office in the Tollgate Restaurant building. Postal officials say the …

CELLUCCI BORES IN ON POLITICAL SECRET.(PERSPECTIVE)

Byline: GEORGE WILL

BOSTON -- William Weld adorned the governor's office with a portrait of a predecessor, the always raffish and occasionally felonious James Michael Curley. Paul Cellucci, who acquired the office when Weld resigned in boredom to accept nomination as ambassador to Mexico, replaced Curley's portrait with that of John Volpe, the state's second Italian-American governor (the first was Foster Furcolo). Volpe came close to being the first Italian-American president.

In 1968 Richard Nixon narrowed his vice presidential choice to two governors, Maryland's Spiro Agnew and Volpe, and eliminated Volpe because he had run poorly as a favorite-son candidate in the Massachusetts primary. But for that, …

Court blocks Tupras privatization.(Brief Article)

An Ankara court has blocked the Turkish government's privatization of refining and petrochemicals company Tupras (Kocaeli, Turkey) following a legal challenge by a petroleum workers' trade union. The government agreed earlier this year to sell its 65.67% stake in Tupras to a consortium of Zorlu Holding (Istanbul) and a subsidiary of Tatneft (Almetyevsk, Russia), for $1.3 billion (CW, Feb. 18, p. 5). The planned …

6.3-Magnitude Quake Hits Sumatra Coast

A 6.3-magnitude earthquake rattled western Sumatra on Friday, the local Meteorological and Geophysics Agency said, causing frightened residents to flee their homes.

There were no reports of damage or casualties in Bengkulu province, about 370 miles west of the capital Jakarta.

The jolt, in the same area shaken by an 8.4 quake in September that killed 25 people, did not trigger a tsunami.

The U.S. Geological Survey put …

Morris throwing cat - er, hat - in presidential ring

What presidential hopeful has the best name recognition? Holdon to your silly hats. It's not Jack Kemp or even Bob Dole. It'sMorris the Cat, who tomorrow will declare his candidacy for Presidentof the United States at a Washington, D.C. press conference.

Morris, the spokescat for Star-Kist Foods' 9-Lives brand, is aname recognized by more than 70 percent of the public, according toan actual poll by Opinion Research Corp. That beats Bob Dole with a67 percent recognition score; Jack Kemp at 59 percent, and down thelist to Bruce Babbitt with 33 percent.

So 9-Lives, through its Chicago-based ad agency, Leo BurnettU.S.A., is taking advantage of Morris's popularity …

Worry Rises over Wealth's Power to Harm Its Heirs.

Byline: Ruthie Ackerman

The recession has been a wake-up call for the well-to-do, many of whom came to realize that great responsibility should accompany great wealth, according to research by PNC Financial Services Group Inc.

A rising number of high-net-worth people, including Warren Buffett and Bill Gates, seem to be taking the Andrew Carnegie view: that there is only so much money that one family needs and that bequeathing huge sums to the next generation can be dangerous.

PNC's wealth management division released a survey last week saying that wealthy Americans have become significantly more concerned in the past two years that their children are …

Saturday, March 3, 2012

HELP IN HANDLING `AT-RISK' STUDENTS.(CAPITAL REGION)

TROY -- Hudson Valley Community College's Teacher Preparation Department will host a conference on how to deal with children whose development is ``at risk'' for environmental or biological reasons.

The conference is from 8:30 a.m. to 3:15 p.m. Wednesday, Dec. 1, in the Bulmer Telecommunications Center. It will be held in conjunction with the Preschool Early Development Screening Program, the March of Dimes and The College of Saint Rose.

Panel discussions will focus on the genetic or environmental factors that may have a lifelong effect on learning and …

Chamber Report Ranks States' Tort Law Systems.

A U.S. Chamber of Commerce (Washington) report on the fairness of state tort systems has ranked West Virginia as the least favorable state for defendant firms facing liability lawsuits, and Delaware as the most favorable. Nebraska, Virginia, and Iowa received the next highest marks, but states with large petrochemical industries, including Louisiana, Mississippi, and Texas, ranked near the bottom. The Chamber of Commerce asked corporate attorneys to …

Kate Middleton confirmed in Church of England

LONDON (AP) — Kate Middleton has been confirmed as a member of the Church of England as she prepares to marry Prince William.

St. James's Palace acknowledged Wednesday that Middleton was confirmed by the Right Rev. Richard Chartres, the bishop of London, at a private ceremony on March 10.

Chartres, who is dean of the Chapels Royal, also …

Chocolate moulds. (Buyers' Guide).(Buyers Guide)

THE EDITORS OF Candy BUSINESS work closely with suppliers from around the world to present the most informative data for our readers' chocolate mould needs. From CAD design to frozen cone systems, we make every attempt to present you with the most accurate and up-to-date information available.

For suppliers who would like to submit additions or updates to this guide, please contact us at (216) 631 8200.

A Buyer's Guide to Fats and Oils will appear in the May/June issue. If you are a supplier and have not already been contacted, please contact us to ensure your company and products are accurately represented.

                                          MOULD TYPES                          SILICON   SPINNING  INJECTION  VACUUM FORM SUPPLIER  Agathon GmbH & Co. KG    Cabrellon s.r.l.                      X          X      Chocolate                   X                                X Concepts Inc.  Chocolate World N.V.        X         X          X    Hans Brunner                          X          X           X GmbH & Co. KG     Implast Imren                                    X Plastik Ltd. STI  JKV de Chocoladevormen-                          X           X specialist b.v.  Max Riner AG                X         X          X    Micelli Chocolate                     x          x           x Mold Co., Inc.   Mol d'Art B.V. B.A.                                          x   b.v. Vormenfabriek          x         x          x           x     Yorkshire Moulds                      x          x           x                                       MATERIAL TYPES                          POLYCARBONATE  SILICON   BLENDS SUPPLIER  Agathon GmbH &                 X                    X Co. KG    Cabrellon s.r.l.               X      Chocolate                      X           X        X Concepts Inc.  Chocolate World N.V.           X           X    Hans Brunner                   X                    X GmbH & Co. KG     Implast Imren                  X Plastik Ltd. STI  JKV de Chocoladevormen-        X specialist b.v.  Max Riner AG                   X …