news LV |
- Aljazeera: Egypt's ex-spy chief vows to restore security
- Aljazeera: Policemen injured in Bahrain blast
- Aljazeera: Brazil complains to US about monetary policy
- Aljazeera: Facebook snaps up Instagram for $1bn
- Financial Times: North Korea prepares for rocket launch
- Financial Times: ISS urges No vote over Olympus nominees
- Financial Times: Turkey accuses Syria of border violations
- Huffington Post: Vincent McCrudden, Ex-Wall St. Trader, Sentenced To Prison For Threatening To 'Kill' Top Regulators
- Huffington Post: Edwin Ramos Testifies: San Francisco Gang Member Accused Of Triple-Murder Takes The Stand
- Huffington Post: Muriel Bowser Tweets Gibberish In 'Butt Tweeting' Incident
- Huffington Post: IRS Audits Of Super Rich Still Few And Far Between, Report Finds
- Financial Times: Housing regulator argues for debt forgiveness
| Aljazeera: Egypt's ex-spy chief vows to restore security Posted: 09 Apr 2012 10:59 AM PDT Omar Suleiman says he will not "reinvent a regime that fell" if elected president, and pledges to boost Egypt's economy. |
| Aljazeera: Policemen injured in Bahrain blast Posted: 09 Apr 2012 05:03 PM PDT Seven wounded in explosion during a protest for the release of an activist on a two-month hunger strike. |
| Aljazeera: Brazil complains to US about monetary policy Posted: 09 Apr 2012 08:10 PM PDT White House meeting between two heads of state touched on low interest rates and sanctions on Iran. |
| Aljazeera: Facebook snaps up Instagram for $1bn Posted: 10 Apr 2012 12:48 AM PDT Social networking giant to make photo-sharing company its biggest ever acquisition ahead of highly anticipated IPO. |
| Financial Times: North Korea prepares for rocket launch Posted: 10 Apr 2012 05:01 AM PDT Seoul, Washington and Tokyo have reacted angrily to the impending launch, arguing that it is a smokescreen to extend the firepower of its ballistic missiles |
| Financial Times: ISS urges No vote over Olympus nominees Posted: 10 Apr 2012 06:08 AM PDT The advisory group agrees with the funds that a chairman from Olympus's main bank could prioritise the bank's interests at the expense of shareholders |
| Financial Times: Turkey accuses Syria of border violations Posted: 10 Apr 2012 07:39 AM PDT Recep Tayyip Erdogan's comments come amid claims that Syrian forces have fired into a refugee camp on the Turkish side of the border |
| Posted: 10 Apr 2012 10:25 AM PDT You might think that being a top financial regulator is a dry job, or that it's never dangerous. You might then be wrong. Vincent McCrudden, an ex-commodities trader, was sentenced to prison last week for using death threats against financial regulators including Securities and Exchange Chairman Mary Schapiro and Commodity Futures Trading Chairman Gary Gensler, Bloomberg reports. McCrudden sent threatening emails to regulators and posted a hit list on his website, but he claims he was being targeted unfairly for fighting back against regulations that have hurt his career. (h/t Dealbreaker) Read More... More on Video
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| Posted: 10 Apr 2012 10:27 AM PDT On Monday, Edwin Ramos, the MS-13 gang member accused of killing three members of the Bologna family in a drive-by shooting, took the stand before his attorney Marla Zamora, offering his first public comments since the 2008 incident. According to SF Appeal, Ramos alleged that he did not shoot the Bologna family, but rather was driving the car and was unaware of his passenger's plans to open fire. Ramos said that the shooter was actually Wilfred "Flaco" Reyes, a fellow MS-13 member who has remained at large ever since. According to the San Francisco Chronicle, Ramos claimed that he was driving Reyes to an Oakland hospital to visit a fellow gang member who had been shot by a rival gang earlier that day. Reyes was allegedly acting erratically and yelling directions at Ramos. Ramos then pulled up next to the Bolognas at a red light. Read More...
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| Huffington Post: Muriel Bowser Tweets Gibberish In 'Butt Tweeting' Incident Posted: 10 Apr 2012 10:28 AM PDT WASHINGTON -- District of Columbia Councilmember Muriel Bowser (D-Ward 4) sent a series of accidental -- and somewhat amusing -- tweets on Tuesday afternoon, sparking momentary confusion as her followers tried to figure out what was going on.
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| Huffington Post: IRS Audits Of Super Rich Still Few And Far Between, Report Finds Posted: 10 Apr 2012 10:29 AM PDT WASHINGTON -- Despite the Internal Revenue Service's promise to bring new scrutiny to tax avoidance schemes used by the super rich, a new report finds that of the nearly 8,300 individuals recently reporting adjusted annual gross income of $10 million or more, as few as a dozen may have actually been audited by the special unit devoted to the task. The report from the Transactional Records Access Clearinghouse (TRAC), a Syracuse University organization that monitors government performance, found that the IRS's Global High Wealth unit, announced to much fanfare in late 2009, completed audits of only 36 super-high-income returns in its first two and a half years. Because returns from more than one year may be considered, it's possible that as few as 12 individuals were audited. The IRS had no immediate response to the report. Read More... More on Taxes
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| Financial Times: Housing regulator argues for debt forgiveness Posted: 10 Apr 2012 10:32 AM PDT Head of the Federal Housing Finance agency says it may be cheaper for lenders to forgive some distressed mortgage debt than to postpone payments |
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