tag:blogger.com,1999:blog-8635490989785318032024-03-13T09:09:24.484-07:00Flash and Fresh NewsShadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.comBlogger21125tag:blogger.com,1999:blog-863549098978531803.post-9403564823227189372011-10-13T11:49:00.000-07:002011-10-13T12:00:59.001-07:00Colombian Students Mobilise Against Education Reforms<a href="http://3.bp.blogspot.com/-eBSw9oME16s/Tpc1WD0FfKI/AAAAAAAAAMg/6MfgXXW-Fhc/s1600/1.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 281px;" src="http://3.bp.blogspot.com/-eBSw9oME16s/Tpc1WD0FfKI/AAAAAAAAAMg/6MfgXXW-Fhc/s400/1.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5663053709538852002" /></a><br /><a href="http://3.bp.blogspot.com/-epE7tw4K8n4/Tpc1VsgTzeI/AAAAAAAAAMY/8bfgJ7PsbDY/s1600/2.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 267px;" src="http://3.bp.blogspot.com/-epE7tw4K8n4/Tpc1VsgTzeI/AAAAAAAAAMY/8bfgJ7PsbDY/s400/2.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5663053703281888738" /></a><br /><a href="http://2.bp.blogspot.com/-YdYuu1ooL8U/Tpc1VRd_LRI/AAAAAAAAAMI/JD9o8AS7kDA/s1600/3.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 240px;" src="http://2.bp.blogspot.com/-YdYuu1ooL8U/Tpc1VRd_LRI/AAAAAAAAAMI/JD9o8AS7kDA/s400/3.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5663053696024390930" /></a><br /><a href="http://3.bp.blogspot.com/-NgL1InBCsrc/Tpc1VDlltgI/AAAAAAAAAL8/zKn-aEBY7UU/s1600/4.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 267px;" src="http://3.bp.blogspot.com/-NgL1InBCsrc/Tpc1VDlltgI/AAAAAAAAAL8/zKn-aEBY7UU/s400/4.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5663053692298180098" /></a><br /><a href="http://2.bp.blogspot.com/-SSAdMJuzI4Y/Tpc1U-nhtnI/AAAAAAAAALw/J-C5mCG8e28/s1600/5.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 269px;" src="http://2.bp.blogspot.com/-SSAdMJuzI4Y/Tpc1U-nhtnI/AAAAAAAAALw/J-C5mCG8e28/s400/5.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5663053690964129394" /></a><br /><p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Students march in Bogota in a nationwide protest against the Colombian government's reform of public universities.<o:p></o:p></span><span class="Apple-style-span" style="font-family: Arial, sans-serif; line-height: 18px; ">The proposed higher education reform law is fiercely criticized by students who say the law negatively effects the quality of academic education in Colombia.</span></p><p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US"><o:p></o:p></span></p>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com2tag:blogger.com,1999:blog-863549098978531803.post-83885116833736689902011-10-06T13:03:00.000-07:002011-10-06T13:05:43.691-07:00Steve Jobs, 1955-2011: Inventor And Artist<a href="http://1.bp.blogspot.com/-jhqn5UpbKuU/To4J8TUL92I/AAAAAAAAALo/lzYNDgFpjB8/s1600/3.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 160px;" src="http://1.bp.blogspot.com/-jhqn5UpbKuU/To4J8TUL92I/AAAAAAAAALo/lzYNDgFpjB8/s400/3.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5660472713233037154" /></a><br /><a href="http://4.bp.blogspot.com/-dxVHLDS01E8/To4J76WYsXI/AAAAAAAAALg/0G-ZdvREs_g/s1600/2.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 275px; height: 110px;" src="http://4.bp.blogspot.com/-dxVHLDS01E8/To4J76WYsXI/AAAAAAAAALg/0G-ZdvREs_g/s400/2.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5660472706531373426" /></a><br /><a href="http://2.bp.blogspot.com/-EMp_9hypSVQ/To4J7jSvJOI/AAAAAAAAALY/_1YYIUADzhc/s1600/4.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 160px;" src="http://2.bp.blogspot.com/-EMp_9hypSVQ/To4J7jSvJOI/AAAAAAAAALY/_1YYIUADzhc/s400/4.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5660472700342052066" /></a><br /><a href="http://2.bp.blogspot.com/-AP5mIi_Ayj8/To4J7b58tSI/AAAAAAAAALQ/p_z_ZxuxDlg/s1600/1.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 160px;" src="http://2.bp.blogspot.com/-AP5mIi_Ayj8/To4J7b58tSI/AAAAAAAAALQ/p_z_ZxuxDlg/s400/1.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5660472698359035170" /></a><br /><p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Jobs was the mastermind behind the iPad, the iPod, the iPhone, the iMac and iTunes. He transformed personal use of technology, and his contributions have been compared to those of Henry Ford and Walt Disney, according to the USA TODAY piece by William Welch and Jon Swartz.<o:p></o:p></span></p>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com12tag:blogger.com,1999:blog-863549098978531803.post-84755252945803877372011-10-05T03:00:00.000-07:002011-10-05T03:10:34.302-07:00Amanda Knox Returns Home<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/-5T3NhbXbOqM/Tows9uSQE9I/AAAAAAAAAK8/TRaPdyWuzYE/s1600/a1.jpg"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 267px;" src="http://1.bp.blogspot.com/-5T3NhbXbOqM/Tows9uSQE9I/AAAAAAAAAK8/TRaPdyWuzYE/s400/a1.jpg" alt="" id="BLOGGER_PHOTO_ID_5659948270606095314" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" 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mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span style="line-height:115%;Arial","sans-serif"; mso-ansi-language:EN-USfont-family:";font-size:12.0pt;" lang="EN-US" >Knox was convicted of sexually assaulting and murdering Meredith Kercher, a British student in Perugia <span style="mso-spacerun:yes"> </span>and sentenced to 26 years in prison. she was studying abroad in Italy when this story unraveled and the world watched as every family's worst nightmare came true.</span></p>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com3tag:blogger.com,1999:blog-863549098978531803.post-15582905156885056012011-10-02T03:57:00.000-07:002011-10-02T04:08:22.940-07:00Occupy Wall Street Protests Continue In Manhattan, Begin Elsewhere.<a href="http://3.bp.blogspot.com/-_FOjDHCaMOw/TohGERfXQRI/AAAAAAAAAKc/i8IUwZtjrBA/s1600/h.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 269px;" src="http://3.bp.blogspot.com/-_FOjDHCaMOw/TohGERfXQRI/AAAAAAAAAKc/i8IUwZtjrBA/s400/h.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5658849971019399442" /></a><br /><a href="http://4.bp.blogspot.com/-7GMU9xe7yYg/TohGEHrJssI/AAAAAAAAAKU/jx3Anjt-Cgk/s1600/g.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 272px; height: 400px;" src="http://4.bp.blogspot.com/-7GMU9xe7yYg/TohGEHrJssI/AAAAAAAAAKU/jx3Anjt-Cgk/s400/g.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5658849968384488130" /></a><br /><a href="http://4.bp.blogspot.com/-Ot2jyv4jMVk/TohGEOxR3MI/AAAAAAAAAKM/u3XBbKX_g7M/s1600/f.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 300px;" src="http://4.bp.blogspot.com/-Ot2jyv4jMVk/TohGEOxR3MI/AAAAAAAAAKM/u3XBbKX_g7M/s400/f.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5658849970289237186" /></a><br /><a href="http://4.bp.blogspot.com/-bQlEUTg9xMs/TohF14K2c4I/AAAAAAAAAKE/4eey8fXVEE0/s1600/a.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 167px;" src="http://4.bp.blogspot.com/-bQlEUTg9xMs/TohF14K2c4I/AAAAAAAAAKE/4eey8fXVEE0/s400/a.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5658849723704308610" /></a><br /><a href="http://4.bp.blogspot.com/--Fg0X13nY9Q/TohF13raAVI/AAAAAAAAAJ8/XiRzxHFQMxw/s1600/c.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 265px;" src="http://4.bp.blogspot.com/--Fg0X13nY9Q/TohF13raAVI/AAAAAAAAAJ8/XiRzxHFQMxw/s400/c.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5658849723572420946" /></a><br /><a href="http://3.bp.blogspot.com/-3G_dI3Bg5js/TohF1vGK8DI/AAAAAAAAAJ0/S6yO9Y0rApA/s1600/b.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 240px;" src="http://3.bp.blogspot.com/-3G_dI3Bg5js/TohF1vGK8DI/AAAAAAAAAJ0/S6yO9Y0rApA/s400/b.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5658849721268760626" /></a><br /><a href="http://3.bp.blogspot.com/-5Gycjh2sI4k/TohF1ty29lI/AAAAAAAAAJs/R_2lquB6Zts/s1600/e.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 241px;" src="http://3.bp.blogspot.com/-5Gycjh2sI4k/TohF1ty29lI/AAAAAAAAAJs/R_2lquB6Zts/s400/e.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5658849720919324242" /></a><br /><a href="http://1.bp.blogspot.com/--PLRybHrcxc/TohF1ceV1vI/AAAAAAAAAJk/GZBf9EtkHJY/s1600/d.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 300px;" src="http://1.bp.blogspot.com/--PLRybHrcxc/TohF1ceV1vI/AAAAAAAAAJk/GZBf9EtkHJY/s400/d.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5658849716269864690" /></a><br /><div style="text-align: center;"><p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Hundreds of people protesting Wall Street abuses were penned in and arrested by police, two weeks into an ongoing demonstration that has become known on Twitter as “#OccupyWallStreet”.<o:p></o:p></span></p></div>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com4tag:blogger.com,1999:blog-863549098978531803.post-56525159346579800772011-09-28T02:58:00.001-07:002011-09-28T03:06:30.283-07:00Typhoon strikes Philippines<a href="http://1.bp.blogspot.com/-KDuUEweS8JA/ToLxiMjsRNI/AAAAAAAAAIc/0owibk2Dri4/s1600/5.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 300px;" src="http://1.bp.blogspot.com/-KDuUEweS8JA/ToLxiMjsRNI/AAAAAAAAAIc/0owibk2Dri4/s400/5.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5657349651719537874" /></a><br /><a href="http://3.bp.blogspot.com/-e-AwMtSIpLQ/ToLxh-uXZII/AAAAAAAAAIU/mHgwsVXe6Ds/s1600/3.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 261px;" src="http://3.bp.blogspot.com/-e-AwMtSIpLQ/ToLxh-uXZII/AAAAAAAAAIU/mHgwsVXe6Ds/s400/3.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5657349648006210690" /></a><br /><a href="http://2.bp.blogspot.com/-s7oDntETAbE/ToLxhzK-cYI/AAAAAAAAAIM/aEuyq_ZjcNk/s1600/4.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 293px;" src="http://2.bp.blogspot.com/-s7oDntETAbE/ToLxhzK-cYI/AAAAAAAAAIM/aEuyq_ZjcNk/s400/4.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5657349644904984962" /></a><br /><a href="http://3.bp.blogspot.com/-UmXyqh1QIlU/ToLxhmjY8CI/AAAAAAAAAIE/DT5ySyezrTA/s1600/1.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 257px;" src="http://3.bp.blogspot.com/-UmXyqh1QIlU/ToLxhmjY8CI/AAAAAAAAAIE/DT5ySyezrTA/s400/1.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5657349641517723682" /></a><br /><a href="http://2.bp.blogspot.com/-cEUNkwwhgsA/ToLxhr5zAOI/AAAAAAAAAH8/bcZwcbLZUwY/s1600/2.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 267px;" src="http://2.bp.blogspot.com/-cEUNkwwhgsA/ToLxhr5zAOI/AAAAAAAAAH8/bcZwcbLZUwY/s400/2.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5657349642953883874" /></a><br /><p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span class="Apple-style-span" ><span class="Apple-style-span" style="line-height: 18px;"></span></span></p><p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span class="Apple-style-span" ><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Manila residents waded through waist-deep floodwaters and dodged flying debris on Tuesday as a powerful typhoon struck the Philippines, killing at least 12 people and sending waves as tall as palm trees crashing over seawalls.<o:p></o:p></span></span></p><p></p>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com4tag:blogger.com,1999:blog-863549098978531803.post-41275285589782129672011-09-24T02:34:00.000-07:002011-09-24T03:21:45.234-07:00Scientists: Particles appear to travel faster than light<a href="http://2.bp.blogspot.com/-I6AxFH4pm9E/Tn2vFIxiMtI/AAAAAAAAAGk/NrQ_9OXsJq0/s1600/a.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 303px;" src="http://2.bp.blogspot.com/-I6AxFH4pm9E/Tn2vFIxiMtI/AAAAAAAAAGk/NrQ_9OXsJq0/s400/a.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5655869209836663506" /></a><br /><a href="http://1.bp.blogspot.com/-zVUcVRkMZ3g/Tn2vE_Xi01I/AAAAAAAAAGc/B-eu87wfpRg/s1600/a1.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 328px;" src="http://1.bp.blogspot.com/-zVUcVRkMZ3g/Tn2vE_Xi01I/AAAAAAAAAGc/B-eu87wfpRg/s400/a1.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5655869207311733586" /></a><br /><a href="http://2.bp.blogspot.com/-xqKVabfGAfg/Tn2vE83TG8I/AAAAAAAAAGU/xZj4WIAJkiA/s1600/a2.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 225px;" src="http://2.bp.blogspot.com/-xqKVabfGAfg/Tn2vE83TG8I/AAAAAAAAAGU/xZj4WIAJkiA/s400/a2.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5655869206639614914" /></a><br /><a href="http://3.bp.blogspot.com/-c_vTIUWGQEk/Tn2vEh6x7CI/AAAAAAAAAGM/P4ID3sJiZ58/s1600/a3.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 390px; height: 400px;" src="http://3.bp.blogspot.com/-c_vTIUWGQEk/Tn2vEh6x7CI/AAAAAAAAAGM/P4ID3sJiZ58/s400/a3.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5655869199406459938" /></a><br /><a href="http://1.bp.blogspot.com/-Hs7VSiM3x_s/Tn2vEYWgcvI/AAAAAAAAAGE/WVKo8IbgeiQ/s1600/a4.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 225px;" src="http://1.bp.blogspot.com/-Hs7VSiM3x_s/Tn2vEYWgcvI/AAAAAAAAAGE/WVKo8IbgeiQ/s400/a4.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5655869196838400754" /></a><br /><p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Scientists in Switzerland say an experiment appears to show that tiny particles traveled faster than the speed of light -- a result that would seem to defy the laws of nature.</span></p>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com9tag:blogger.com,1999:blog-863549098978531803.post-85220211718646324222011-09-17T01:55:00.000-07:002011-09-17T02:39:25.792-07:00Oktoberfest 2011: Get Thee To Munich!<a href="http://4.bp.blogspot.com/-YDe_G4aiyK8/TnRqsPZdtEI/AAAAAAAAAFw/IEqt4wcOLcs/s1600/okt1.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 267px;" src="http://4.bp.blogspot.com/-YDe_G4aiyK8/TnRqsPZdtEI/AAAAAAAAAFw/IEqt4wcOLcs/s400/okt1.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5653260740536939586" /></a><br /><a href="http://4.bp.blogspot.com/-ZeTAHtax9Ls/TnRqrxbKTUI/AAAAAAAAAFo/AdGVaRJRpLs/s1600/okt2.JPG" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 284px; height: 400px;" src="http://4.bp.blogspot.com/-ZeTAHtax9Ls/TnRqrxbKTUI/AAAAAAAAAFo/AdGVaRJRpLs/s400/okt2.JPG" border="0" alt="" id="BLOGGER_PHOTO_ID_5653260732490992962" /></a><br /><a href="http://3.bp.blogspot.com/-Lg3HLxJ1MA8/TnRqrp0m6iI/AAAAAAAAAFg/GHktpXjJW2k/s1600/okt3.JPG" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 230px;" src="http://3.bp.blogspot.com/-Lg3HLxJ1MA8/TnRqrp0m6iI/AAAAAAAAAFg/GHktpXjJW2k/s400/okt3.JPG" border="0" alt="" id="BLOGGER_PHOTO_ID_5653260730450242082" /></a><br /><a href="http://1.bp.blogspot.com/-fTkeROYAozU/TnRqrnA47cI/AAAAAAAAAFY/Y77HwbzFORM/s1600/okt4.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 261px;" src="http://1.bp.blogspot.com/-fTkeROYAozU/TnRqrnA47cI/AAAAAAAAAFY/Y77HwbzFORM/s400/okt4.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5653260729696447938" /></a><br /><a href="http://2.bp.blogspot.com/-lche9BlewtU/TnRqreZ2fAI/AAAAAAAAAFQ/WRJwHDVlF90/s1600/okt5.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 300px;" src="http://2.bp.blogspot.com/-lche9BlewtU/TnRqreZ2fAI/AAAAAAAAAFQ/WRJwHDVlF90/s400/okt5.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5653260727385226242" /></a><br /><p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size: 12pt; line-height: 115%; "><span class="Apple-style-span" >Beautiful necklines, giant mugs of beer and lots of entertainment....</span></span></p>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com13tag:blogger.com,1999:blog-863549098978531803.post-39789374540466937432011-09-08T13:04:00.000-07:002011-09-08T13:16:07.560-07:0010th Anniversary of September 11 Terrorists Attacks<a href="http://4.bp.blogspot.com/-1s2iRAdah7g/TmkiX2UB6mI/AAAAAAAAAFI/vgZqXSEgfHw/s1600/09sept.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 385px; height: 400px;" src="http://4.bp.blogspot.com/-1s2iRAdah7g/TmkiX2UB6mI/AAAAAAAAAFI/vgZqXSEgfHw/s400/09sept.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5650085000624859746" /></a><br /><a href="http://1.bp.blogspot.com/-26bms86ktJ8/TmkiXizjNHI/AAAAAAAAAFA/yIt3Fe88Of4/s1600/09sept1.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 266px;" src="http://1.bp.blogspot.com/-26bms86ktJ8/TmkiXizjNHI/AAAAAAAAAFA/yIt3Fe88Of4/s400/09sept1.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5650084995388355698" /></a><br /><a href="http://3.bp.blogspot.com/-Zyfn4axdBpI/TmkiXUh2FTI/AAAAAAAAAE4/dzWYvy1rWKI/s1600/09sept2.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 344px; height: 400px;" src="http://3.bp.blogspot.com/-Zyfn4axdBpI/TmkiXUh2FTI/AAAAAAAAAE4/dzWYvy1rWKI/s400/09sept2.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5650084991555999026" /></a><br /><a href="http://1.bp.blogspot.com/-g-HycjtXOio/TmkiXNURB2I/AAAAAAAAAEw/41cmgU4GPRM/s1600/09sept4.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 394px; height: 350px;" src="http://1.bp.blogspot.com/-g-HycjtXOio/TmkiXNURB2I/AAAAAAAAAEw/41cmgU4GPRM/s400/09sept4.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5650084989619996514" /></a><br /><a href="http://4.bp.blogspot.com/-J0_Fokf2lSQ/TmkiW_8VVtI/AAAAAAAAAEo/S8GNuVPcyQA/s1600/09sept3.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 332px; height: 400px;" src="http://4.bp.blogspot.com/-J0_Fokf2lSQ/TmkiW_8VVtI/AAAAAAAAAEo/S8GNuVPcyQA/s400/09sept3.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5650084986029954770" /></a><br /><p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size: 12pt; line-height: 115%; "><span class="Apple-style-span" >A little tribute to the 9/11. God bless all the people who died that day.</span><span class="Apple-style-span" ><o:p></o:p></span></span></p>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com6tag:blogger.com,1999:blog-863549098978531803.post-65532497857049922852011-09-07T12:50:00.000-07:002011-09-07T13:04:05.824-07:00Eddie Murphy to host Oscars in 2012<a href="http://3.bp.blogspot.com/-BnFBTD7n1oA/TmfL_ENhi1I/AAAAAAAAAEg/nxixDkmU7G0/s1600/EddieMurphy2.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 392px;" src="http://3.bp.blogspot.com/-BnFBTD7n1oA/TmfL_ENhi1I/AAAAAAAAAEg/nxixDkmU7G0/s400/EddieMurphy2.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5649708541882239826" /></a><br /><a href="http://2.bp.blogspot.com/-9hb7X9eoBuE/TmfL-3CJVpI/AAAAAAAAAEY/aaPP8nl8l-U/s1600/EddieMurphy3.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 300px;" src="http://2.bp.blogspot.com/-9hb7X9eoBuE/TmfL-3CJVpI/AAAAAAAAAEY/aaPP8nl8l-U/s400/EddieMurphy3.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5649708538344855186" /></a><br /><a href="http://1.bp.blogspot.com/-8tr1A0INUao/TmfL-pOBViI/AAAAAAAAAEQ/NaPgShG9aOQ/s1600/EddieMurphy.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 267px;" src="http://1.bp.blogspot.com/-8tr1A0INUao/TmfL-pOBViI/AAAAAAAAAEQ/NaPgShG9aOQ/s400/EddieMurphy.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5649708534636566050" /></a><br /><p class="MsoNormal" style="text-indent:35.45pt;tab-stops:54.75pt"><span lang="EN-US" style="font-size:14.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">After weeks of rumours it was announced the actor, star of Beverly Hills Cop, Bowfinger - and the voice of Donkey in the Shrek series - will present the 84th Academy Awards on February 26.<o:p></o:p></span></p>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com4tag:blogger.com,1999:blog-863549098978531803.post-24976467757737776472011-09-06T15:05:00.001-07:002011-09-06T15:07:19.679-07:00Texas Blaze Destroys 1,000 Homes<a href="http://3.bp.blogspot.com/-UiHiepe9MAo/TmaZgnVErbI/AAAAAAAAAEI/5S9jMg18O8I/s1600/Texas-wildfires.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 267px;" src="http://3.bp.blogspot.com/-UiHiepe9MAo/TmaZgnVErbI/AAAAAAAAAEI/5S9jMg18O8I/s400/Texas-wildfires.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5649371568175099314" /></a><br /><a href="http://3.bp.blogspot.com/-K686xAa4HCU/TmaZgN3yGmI/AAAAAAAAAEA/IdGJuWLZYXA/s1600/texas-wildfire.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 265px;" src="http://3.bp.blogspot.com/-K686xAa4HCU/TmaZgN3yGmI/AAAAAAAAAEA/IdGJuWLZYXA/s400/texas-wildfire.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5649371561341360738" /></a><br /><a href="http://1.bp.blogspot.com/-_WEDSU_BpFU/TmaZgI1UfXI/AAAAAAAAAD4/Cby9o7NH3GE/s1600/texas-wildfire2.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 254px;" src="http://1.bp.blogspot.com/-_WEDSU_BpFU/TmaZgI1UfXI/AAAAAAAAAD4/Cby9o7NH3GE/s400/texas-wildfire2.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5649371559988854130" /></a><br /><p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size: 12pt; line-height: 115%; "><span class="Apple-style-span" >Wildfires continued to rage Tuesday in Texas as firefighters struggled to gain the upper hand against flames, winds and fatigue.<o:p></o:p></span></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size: 12pt; line-height: 115%; "><o:p><span class="Apple-style-span" > </span></o:p></span></p>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com3tag:blogger.com,1999:blog-863549098978531803.post-68520921293092293912011-09-06T14:47:00.000-07:002011-09-06T15:05:11.446-07:00LESS WORDS... MORE PICTURES!!<span class="Apple-style-span" ><br /></span><span class="Apple-style-span" ><span class="Apple-style-span" >From today... more and better news but.....</span></span><div><span class="Apple-style-span" ><br /></span><div><span class="Apple-style-span" ><img src="http://4.bp.blogspot.com/-4bXZKkYz-_U/TmaXsROm7jI/AAAAAAAAADw/7eK0vOmbq9A/s400/lesswords.jpg" style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 400px; height: 40px;" border="0" alt="" id="BLOGGER_PHOTO_ID_5649369569377578546" /></span></div><div><span class="Apple-style-span" ><br /></span></div><div><span class="Apple-style-span" ><br /></span><br /></div><div><span class="Apple-style-span" >I hope that everyone enjoy</span></div></div>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com1tag:blogger.com,1999:blog-863549098978531803.post-61629489872161076902011-09-01T15:03:00.000-07:002011-09-01T15:07:44.735-07:00White House: Unemployment Rate Above 6 Percent Until 2016<a href="http://2.bp.blogspot.com/-jtnoUBpoo5g/TmACHmOVxvI/AAAAAAAAADo/938-oOytzb8/s1600/r-OBAMA-JOBS-ECONOMY-huge.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 400px; height: 156px;" src="http://2.bp.blogspot.com/-jtnoUBpoo5g/TmACHmOVxvI/AAAAAAAAADo/938-oOytzb8/s400/r-OBAMA-JOBS-ECONOMY-huge.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5647516262265636594" /></a>
<br /><p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">A series of sharp spending battles and a wave of new tax receipts have improved the nation's long-term fiscal outlook, a new report by the Obama administration concludes. But the jobs crisis remains a major problem for lawmakers, as the White House projects the unemployment rate to remain above 9 percent in 2012 and not fall below 6 percent until 2016.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">The Office of Management and Budget released its midsession review on Thursday, updating the forecasts that it completed last November and released last February when it put together its 2012 budget outline. The findings are a bit rosier, but are largely consistent with other economic analyses. On the jobs-front, the news remains largely grim.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">The administration projections, which were based off of data up through June, have the unemployment rate at an average of 8.8 percent in 2011, 8.3 percent in 2012 and 7.7 percent in 2013. Those numbers are a touch better than projections made by the Congressional Budget Office, which pegged unemployment to be at 8.9 percent in 2011 and 8.7 percent in 2012-2013. In an effort to take into consideration changes in the economic climate that have occurred since June, however, the OMB offers an "alternative economic forecast" along with the midsession review. Under that model, the unemployment rate takes even longer to decline, going from 9.0 percent in 2012, to 8.5 percent in 2013 to 7.8 percent in 2014. In 2016 it hits 6.1 percent.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">The slow uptick in aggregate hiring -- both in the review and the alternative forecast -- is owed to a less-than-ideal uptick in the nation's growth domestic product (economic growth is expected to average 2.5 percent in the long run) as well as "discouraged workers" rejoining the labor force as labor market conditions improve.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">While the jobs crisis has proved tough to turn, lawmakers have managed to chip away at the deficit. As a result of both higher-than-expected tax receipts and legislation to avert a government shutdown and a Treasury default, the nation's fiscal outlook has improved from earlier projections. According to the OMB, the 2011 deficit is now estimated to be $1.316 trillion, a 20 percent reduction from the $1.645 trillion estimate made this past winter. As a percentage of gross domestic product, the authors write, "the deficit is now projected to equal 8.8 percent, down from 10.9 percent projected in February."<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">The long-term outlook has also improved. Owing to $2 trillion in expected savings from the winding down of the wars in Iraq and Afghanistan, as well as an expected $1.5 trillion in savings set to be recommended by a congressional super committee, the deficit as a percentage of GDP will be brought down to approximately 2.2 percent in ten years, the OMB concludes. <o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">That number still means that the nation's debt will rise, just at a slower pace. For 2012, debt held by the public -- as in debt not held for foreign sovereignties -- is projected to increase to $11.307 trillion, or 72.1 percent of GDP. That number will rise to 73.5 percent of GDP in 2013. By the end of the 10-year budget window, the OMB projects that it will be reduced to 70.5 percent of GDP.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Beneath the macro numbers, the review provides some specific insights into how the nation's economy has stalled for workers during the past two years. In particular, the report shows that while corporate profits have grown at a fast rate over the past three years, labor compensation has fallen below the long-run average.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">In 2009, domestic corporate profits were $906 billion. By 2011, that number had risen to $1.322 trillion -- an increase of roughly 46 percent. During that same time period, employee compensation went from $7.812 trillion to $8.264 trillion -- an increase of just 5.7 percent.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Unemployment compensation, however, is on the decline when compared to projections that were made in February. The OMB calculates that the government will spend $11 billion less on unemployment benefits in 2011 and $17 billion less on unemployment benefits in 2012 than it initially planned. That reduction is "driven by a lower-than-expected insured unemployment rate as well as a decline in the average weekly unemployment benefit," the study notes.<o:p></o:p></span></p>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com2tag:blogger.com,1999:blog-863549098978531803.post-69247337958970568242011-08-26T03:24:00.000-07:002011-08-26T03:27:54.581-07:00State Of Emergency: New York City Prepares for Hurricane Irene<a href="http://2.bp.blogspot.com/-abWgSHCS3Qs/Tld0w_69BiI/AAAAAAAAADg/j-dnC2GPOO8/s1600/r-HURRICANE-IRENE-NEW-YORK-large570.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 400px; height: 167px;" src="http://2.bp.blogspot.com/-abWgSHCS3Qs/Tld0w_69BiI/AAAAAAAAADg/j-dnC2GPOO8/s400/r-HURRICANE-IRENE-NEW-YORK-large570.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5645109043073451554" /></a>
<br /><p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">New York Gov. Andrew Cuomo has declared a state of emergency as Hurricane Irene nears.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">"In this emergency I am activating all levels of state government to prepare for any situation that may be caused by Hurricane Irene," Cuomo said in a statement obtained by the New York Daily News. "We are communicating with our federal and local partners to track the storm and to plan a coordinated response, and we will deploy resources as needed to the areas expected to be hit the hardest. I urge New Yorkers to personally prepare for hurricane conditions and to cooperate with emergency officials if needed."<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">The storm, which has forced 200,000 to evacuate North Carolina, may hit New York City this weekend. If the storm passes over the city, the MTA, fearing floods, might have to shut down operations.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">On Thursday, the "cone" of the storm moved West, so that it currently looks like the storm will pass over Queens and Brooklyn, not Long Island.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Mayor Bloomberg said Thursday that senior homes and hospitals in designated "Zone A" areas must evacuate, unless the particular facility can withstand such a storm. "We're trying to take precautions for the most vulnerable."<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">The mayor also said that by 8am Saturday, the city will decide whether or not to enforce a mandatory evacuation for Zone A residents.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">New York, unlike Florida or other Hurricane-prone cities, appears to be unprepared for such an event, though the Office of Emergency Management released an enlightening PDF on preparing for a natural disaster. Or you could browse a list of evacuation routes here. The International Business Times also has a good story on the dangers of a hurricane hitting New York.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">While the category 3 hurricane of 1938 in Long Island killed 50, a new storm would wreak far worse havoc in those areas, according to the New York Times. "The dense development of towns on eastern Long Island in the decades since the 1938 storm could mean tremendous losses in a future storm."<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Reuters writes that the last serious storm to hit New York was in 1821, "causing a 13 feet storm surge that inundated the entirety of lower Manhattan."<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:1.0cm"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Mayor Bloomberg is urging New York City residents living in low-lying areas to line up a place to stay on high ground ahead of possible evacuations this weekend due to Hurricane.<o:p></o:p></span></p>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com4tag:blogger.com,1999:blog-863549098978531803.post-61600078059887985012011-08-25T04:41:00.000-07:002011-08-25T04:46:36.173-07:00Apple stock drops as Steve Jobs resigns chief executive role<a href="http://1.bp.blogspot.com/-Wma4toxryfg/TlY2DdfXd-I/AAAAAAAAADY/kZuPmOTg1VQ/s1600/Apple-shares-under-Steve--007.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 400px; height: 240px;" src="http://1.bp.blogspot.com/-Wma4toxryfg/TlY2DdfXd-I/AAAAAAAAADY/kZuPmOTg1VQ/s400/Apple-shares-under-Steve--007.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5644758616039192546" /></a>
<br /><p class="MsoNormal" style="text-align:justify;text-indent:35.4pt"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Steve Jobs's resignation as Apple chief executive has wiped billions of dollars off its stock market value as traders fret over the company's long-term future without its visionary leader.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:35.4pt"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">The news of Jobs' departure came after the close of New York trading, but Apple shares fell 5% in after-hours trading on Wednesday night. Apple shares traded in Frankfurt dropped 4.5% in early trading on Thursday.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:35.4pt"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">A 5% decline wipes more than $17bn (£10.3bn) off Apple's stock market value, sending it down from $348bn to $330.5bn, just two weeks after it briefly became the world's most valuable company.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:35.4pt"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Apple stock has enjoyed a stellar run under Jobs. The shares had hit a low of $3.19 in July 1997, a few months after Jobs rejoined the company he had co-founded in 1976. They climbed steadily to almost $200 by the end of 2007 thanks to the success of the iPod and the iPhone, and resurgent demand for Apple's desktop and laptop computers.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:35.4pt"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Apple stock fell back below $90 in early 2009, as shares slumped around the world, but quadrupled after that – thanks to a stream of record-breaking profits and impressive new launches, notably the iPad.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:35.4pt"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Shares in some of Apple's rivals rose in Asia overnight, as investors anticipated that Apple might stumble. Samsung Electronics, which is embroiled in a legal battle with Apple over its tablet computer, gained 2.4%, while smartphone maker HTC closed 1.35% higher.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:35.4pt"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Jobs's departure has been anticipated for some time, and his successor Tim Cook is highly respected. Many analysts believe Apple remains in safe hands, especially as Cook has been running Apple since the start of 2011, when Jobs took his third period of medical leave since being diagnosed with pancreatic cancer in 2004.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:35.4pt"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">"While this marks the end of an era for Apple, it's important to remember the there's more to Apple than any one person, even Steve Jobs," said Michael Gartenberg, research director at Gartner. "Continuing as chairman, Mr Jobs will continue to leave his mark on both the company and products even as he transfers the reigns to Mr Cook."<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:35.4pt"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Ovum chief analyst Jan Dawson believes it would be illogical for Apple's value to fall immediately.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:35.4pt"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">"The short-term selloff of Apple shares immediately after the announcement is driven by fears that Apple will not continue to perform as it has, once Steve Jobs leaves the CEO role. However, these fears appear relatively unfounded at least in the short-term. Tim Cook, formerly COO [chief operating officer] and now CEO, has been in day-to-day charge of Apple not only since January, but during two previous periods when Steve Jobs's health prompted extended absences. On all three occasions, Steve Jobs was nevertheless involved in major decisions and continued to set strategy for the company. His new role as chairman suggests this will continue to be the case even if he does not sit at a desk in Cupertino for eight hours every day."<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:35.4pt"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">Dawson acknowledged, though, that Jobs's move has long-term ramifications for the company.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;text-indent:35.4pt"><span lang="EN-US" style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif"; mso-ansi-language:EN-US">"Steve Jobs has provided both strategic vision and personal leadership at the top of the company, as arguably the most visible and well-known CEO of any technology company today. Tim Cook will not step easily into either of these roles, as a safe pair of hands but hardly a visionary or a charismatic figure."<o:p></o:p></span></p>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com2tag:blogger.com,1999:blog-863549098978531803.post-37658328920634927192011-08-23T18:35:00.000-07:002011-08-23T18:43:38.587-07:00Back To School Tech Supplies: Gadgets For Students<a href="http://3.bp.blogspot.com/-J_JxioJiLz8/TlRXKkc-dGI/AAAAAAAAADQ/FKq-LVJyEag/s1600/4.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 400px; height: 291px;" src="http://3.bp.blogspot.com/-J_JxioJiLz8/TlRXKkc-dGI/AAAAAAAAADQ/FKq-LVJyEag/s400/4.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5644232072097592418" /></a>
<br /><a href="http://4.bp.blogspot.com/-fU6chEX0iUg/TlRXKv-X0bI/AAAAAAAAADI/MDp8uoODOCk/s1600/3.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 400px; height: 291px;" src="http://4.bp.blogspot.com/-fU6chEX0iUg/TlRXKv-X0bI/AAAAAAAAADI/MDp8uoODOCk/s400/3.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5644232075190456754" /></a>
<br /><a href="http://4.bp.blogspot.com/-7GdA-i48xpo/TlRW2fr0gyI/AAAAAAAAADA/jcSUdDHLsjY/s1600/2.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 400px; height: 291px;" src="http://4.bp.blogspot.com/-7GdA-i48xpo/TlRW2fr0gyI/AAAAAAAAADA/jcSUdDHLsjY/s400/2.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5644231727220294434" /></a>
<br /><a href="http://3.bp.blogspot.com/-ePPk7Ciyhbo/TlRWMXSLJrI/AAAAAAAAAC4/gCBPcPqYPXw/s1600/1.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 400px; height: 291px;" src="http://3.bp.blogspot.com/-ePPk7Ciyhbo/TlRWMXSLJrI/AAAAAAAAAC4/gCBPcPqYPXw/s400/1.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5644231003410736818" /></a>
<br /><span class="Apple-style-span" style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif; font-size: 12px; line-height: 16px; background-color: rgb(255, 255, 255); "><p style="list-style-type: none; list-style-position: initial; list-style-image: initial; margin-top: 0px; margin-right: 0px; margin-bottom: 8px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-style: none; border-right-style: none; border-bottom-style: none; border-left-style: none; border-width: initial; border-color: initial; line-height: 18px; color: rgb(0, 0, 0); font-size: 13px; ">Summer is coming to an end and that means students across the country are prepping for the trek back to school.</p><p style="list-style-type: none; list-style-position: initial; list-style-image: initial; margin-top: 0px; margin-right: 0px; margin-bottom: 8px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-style: none; border-right-style: none; border-bottom-style: none; border-left-style: none; border-width: initial; border-color: initial; line-height: 18px; color: rgb(0, 0, 0); font-size: 13px; ">Pencils, notebooks, and binders are the basic necessities for any pupil, but students shouldn't forget to gear-up with this year's latest tech as well. From note-taking apps and noise-canceling headphones to soda-powered alarm clocks and digital textbooks, we've compiled a wide-ranging list of high-tech school supplies for students to help them ease the stress of a busy schedule, study for exams, write papers, take notes in class, and much more. The items in this guide are meant to be practical, affordable, and fun.</p><p style="list-style-type: none; list-style-position: initial; list-style-image: initial; margin-top: 0px; margin-right: 0px; margin-bottom: 8px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-style: none; border-right-style: none; border-bottom-style: none; border-left-style: none; border-width: initial; border-color: initial; line-height: 18px; color: rgb(0, 0, 0); font-size: 13px; ">Whether you're in college, high school, middle school or simply a caring parent, these tech accessories will help any student achieve high-marks in class--and unwind when the cramming is over.</p></span>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com2tag:blogger.com,1999:blog-863549098978531803.post-26899557291380092011-08-23T10:33:00.000-07:002011-08-23T10:40:36.570-07:00Libya Rebels Attack Qaddafi Compound<a href="http://2.bp.blogspot.com/-zPXcg-GP-tk/TlPlWlC2mlI/AAAAAAAAACw/Iz6dhgTFXOw/s1600/131069559_31n.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 400px; height: 267px;" src="http://2.bp.blogspot.com/-zPXcg-GP-tk/TlPlWlC2mlI/AAAAAAAAACw/Iz6dhgTFXOw/s400/131069559_31n.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5644106934089325138" /></a>
<br /><span class="Apple-style-span" style="font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 21px; background-color: rgb(255, 255, 255); "><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 20px; margin-left: 0px; ">BENGHAZI, Aug. 23 (Xinhua) -- Libyan rebels have launched heavy attacks at the Bab al-Aziziyah compound of embattled leader Muammar Gaddafi in Tripoli, Arab television Al Arabiya reported Tuesday.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 20px; margin-left: 0px; ">A rebel official told the Dubai-based channel that rebel forces "are trying to enter the fortified stronghold through the Old Gate on the western side."</p><span style="font-family: Arial; "><span><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 20px; margin-left: 0px; "><b>
<br /></b></p></span></span></span>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com2tag:blogger.com,1999:blog-863549098978531803.post-57418369125358206722011-08-22T04:44:00.000-07:002011-08-22T04:46:18.954-07:00Strauss-Kahn case 'may be dropped´<a href="http://1.bp.blogspot.com/-Trvjoe_2cK4/TlJBg0ChzdI/AAAAAAAAACY/Jjgvqlh-Op0/s1600/Strauss-Kahn-camareira-EUTERS-Todd%252520Heisler-Pool.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 400px; height: 265px;" src="http://1.bp.blogspot.com/-Trvjoe_2cK4/TlJBg0ChzdI/AAAAAAAAACY/Jjgvqlh-Op0/s400/Strauss-Kahn-camareira-EUTERS-Todd%252520Heisler-Pool.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5643645315029519826" /></a>
<br /><p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; line-height:normal"><span lang="EN-US" style="font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language: PT">The sexual assault case against former International Monetary Fund leader Dominique Strauss-Kahn is likely to be dropped by New York prosecutors, an official close to the case said.<o:p></o:p></span></p> <p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; line-height:normal"><span lang="EN-US" style="font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language: PT">The source claimed prosecutors will probably tell his accuser that they will not pursue the case because of doubts about her credibility and a lack of evidence proving a forced sexual encounter.<o:p></o:p></span></p> <p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; line-height:normal"><span lang="EN-US" style="font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language: PT">A lawyer for Strauss-Kahn did not immediately respond after the New York Post first reported prosecutors' likely decision. The Manhattan District Attorney's office has also declined to comment.<o:p></o:p></span></p> <p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; line-height:normal"><span lang="EN-US" style="font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language: PT">Strauss-Kahn has been accused of trying to rape a hotel maid. He denies the charges.<o:p></o:p></span></p> <p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; line-height:normal"><span lang="EN-US" style="font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language: PT">The likely developments would bring a formal end to the case at Strauss-Kahn's next court date on Tuesday, when prosecutors may ask a judge to dismiss the charges and might elaborate on their reasoning.<o:p></o:p></span></p> <p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; line-height:normal"><span lang="EN-US" style="font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language: PT">The case had teetered after capturing international attention as a seeming cauldron of sex, violence, power and politics: A promising French presidential contender, known in his homeland as "the Great Seducer", accused of a brutal and contemptuous attack on an African immigrant who came to clean his plush hotel suite.<o:p></o:p></span></p> <p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; line-height:normal"><span lang="EN-US" style="font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language: PT">The stakes were high for both Strauss-Kahn - who resigned his IMF post, spent nearly a week behind bars and then spent possibly hundreds of thousands of dollars on house arrest - and for District Attorney (DA) Cyrus R Vance Jr, who was handling the biggest case he has had during his 18 months in office.<o:p></o:p></span></p> <p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; line-height:normal"><span lang="EN-US" style="font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language: PT">One of Strauss-Kahn's lawyers, Benjamin Brafman, did not immediately respond to an email message on Sunday, after the New York Post first reported prosecutors' likely decision to drop the case. The DA's office declined to comment.<o:p></o:p></span></p> <p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; line-height:normal"><span lang="EN-US" style="font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language: PT">The hotel maid's lawyer had predicted prosecutors would tell her on Monday they were dropping the case. The attorney, Kenneth Thompson, told France's RTL radio on Sunday that the woman, Nafitassou Diallo, "feels abandoned by the Manhattan District Attorney". The questions raised about her credibility have made her feel "that she's being investigated more than Strauss-Kahn", he said.<o:p></o:p></span></p> <p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; line-height:normal"><span lang="EN-US" style="font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language: PT">Then considered a promising Socialist candidate for the French presidency, Strauss-Kahn, 62, was arrested in May. Diallo, 32, said the diplomat chased her down and forced her to perform oral sex when she arrived to clean his plush suite at the Sofitel hotel in New York. </span><span style="font-size:12.0pt; font-family:"Times New Roman","serif";mso-fareast-font-family:"Times New Roman"; mso-fareast-language:PT">Strauss-Kahn denied the allegations.<o:p></o:p></span></p>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com5tag:blogger.com,1999:blog-863549098978531803.post-28091215156223503202011-08-21T02:49:00.001-07:002011-08-24T07:47:20.549-07:00Obama Accuses Congress of Holding Back Recovery<a href="http://2.bp.blogspot.com/--Hk1jZuuXUE/TlDWfw8ANqI/AAAAAAAAABs/AfoP8pZYwLQ/s1600/OBAMA.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><span><span></span></span><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 310px; height: 400px;" src="http://2.bp.blogspot.com/--Hk1jZuuXUE/TlDWfw8ANqI/AAAAAAAAABs/AfoP8pZYwLQ/s400/OBAMA.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5643246174296094370" /></a>
<br /><span class="Apple-style-span"><span class="Apple-style-span" style="font-size: 20px; line-height: 30px;"><span lang="EN-US" style="font-size:11.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-fareast-font-family:Calibri;mso-fareast-theme-font:minor-latin;mso-hansi-theme-font: minor-latin;mso-bidi-font-family:"Times New Roman";mso-bidi-theme-font:minor-bidi; mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA">A vacationing President Barack Obama accused Congress on Saturday of holding back the economic recovery by blocking "common sense" measures he said would create jobs and help growth</span></span></span>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com5tag:blogger.com,1999:blog-863549098978531803.post-68186435891358049282011-08-20T05:24:00.001-07:002011-08-20T05:25:44.454-07:00<a href="http://4.bp.blogspot.com/-GsstAdL4b0M/Tk-nq0zv20I/AAAAAAAAABc/JWQfg9LWnv4/s1600/bank-of-america.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 400px; height: 255px;" src="http://4.bp.blogspot.com/-GsstAdL4b0M/Tk-nq0zv20I/AAAAAAAAABc/JWQfg9LWnv4/s400/bank-of-america.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5642913212290554690" /></a>
<br />Bank of America, the nation's largest bank, plans to eliminate 3,500 jobs during the third quarter, part of a broader effort to cut costs at the bank, whose stock has fallen more than 50 percent since January. The bank has already cut 2,500 jobs this year.
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<br />CEO Brian Moynihan told the bank's senior leadership of the plan in a memo sent Thursday. The memo, obtained by several news outlets, suggests that 10,000 more layoffs could be announced next month.
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<br />“I know it is tough to have to manage through reductions," Moynihan wrote in the memo, according to The New York Times. “But we owe it to our customers and our shareholders to remain competitive, efficient and manage our expenses carefully.”
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<br />According to the Times, Moynihan has pledged to trim quarterly expenses by $1.5 billion, and said in the memo that some of the 3,500 employees have already been notified that their jobs will be cut.
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<br />Two sources told Bloomberg that the investment-banking unit will lose 5 percent of its employees, about 600 people.
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<br />The Wall Street Journal reports that Bank of America has been under pressure from investors who worry the bank will have trouble meeting new global capital standards.
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<br />During the prior week's stock drop, Mr. Moynihan participated in a conference call with 6,000 investors hosted by billionaire investor Bruce Berkowitz, who invited all "skeptics" to join. During the call, Mr. Moynihan promised cost cuts and more noncore asset sales, but the company's shares kept falling. For the week ended Aug. 12, Bank of America shares tumbled 12%.
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<br />In his memo Thursday, Moynihan acknowledged "turbulence" but said the company will make it through the current challenges.
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<br />The Times adds that pressure has also come from investors "pressing the bank to buy back billions of dollars in securities it assembled from mortgages that later soured." In June, Bank of America agreed to pay $8.5 billion to investors including Pimco, BlackRock and the Federal Reserve Bank of New York to settle some of these claims. But since then insurance giant American International Group has filed a lawsuit against Bank of America.
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<br />"Investors fear the June settlement may actually spur more litigation, rather than resolve it," the Times reports.
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<br />The 6,000 cuts already announced this year represent 2 percent of Bank of America's approximately 287,000 workers, but the bank will remain the nation's largest bank employer, according to Bloomberg. Wells Fargo and Citigroup each employ over 260,000 people.Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com4tag:blogger.com,1999:blog-863549098978531803.post-56893702760006189002011-08-18T05:26:00.000-07:002011-08-18T05:37:53.669-07:00Standard & Poor's mortgage ratings investigated by US<a href="http://3.bp.blogspot.com/-DdHbo5OMGEI/Tk0HkdFy-rI/AAAAAAAAAAQ/cydML_xsNc4/s1600/r-STANDARD-AND-POORS-large570.jpg"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 400px; height: 167px;" src="http://3.bp.blogspot.com/-DdHbo5OMGEI/Tk0HkdFy-rI/AAAAAAAAAAQ/cydML_xsNc4/s400/r-STANDARD-AND-POORS-large570.jpg" border="0" alt=""id="BLOGGER_PHOTO_ID_5642174231030725298" /></a>
<br />The US justice department is investigating Standard & Poor's rating of mortgage securities in the run-up to the financial crisis.
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<br />The New York Times reported the investigation began before S&P, the nation's largest credit ratings agency, cut the US's highly prized AAA credit rating earlier this month.
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<br />The justice department has been asking about instances in which the agency's analysts wanted to award lower ratings on mortgage bonds but may have been overruled by other S&P business managers.
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<br />It is unclear whether the investigation also involves the other two credit ratings agencies, Moody's and Fitch.
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<br />During the boom years, the ratings agencies made bumper profits as they awarded top ratings to bundles of troubled mortgage loans, which made them appear less risky. The agencies have been heavily criticised for failing to anticipate problems with the mortgages, which triggered the global financial crisis.
<br />Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com3tag:blogger.com,1999:blog-863549098978531803.post-37817533064681299972011-08-17T07:00:00.001-07:002011-08-25T03:00:39.380-07:00Opening Post<span class="Apple-style-span" style="color: black; font-family: Times; font-size: small; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"></span>
<br /><div style="text-align: center;">Hi, im a 31 years old teacher of University of Minho.</div><div style="text-align: center;">I'm opening this blog to let you know a little bit more about world news.</div><div style="text-align: center;">If possible i will post informations frequently , but it depends. If i have work to do i will not post, but if i have time i will make an effort to bring you fresh and updated news. </div><div style="text-align: center;">If you have any questions you can email me to eminemanu@gmail.com or leave a comment on this blog :D</div><div style="text-align: center;">Regards,</div><div style="text-align: center;">Manu da Silva</div>Shadyhttp://www.blogger.com/profile/11738379587829581075noreply@blogger.com1