(money.cnn.com)IBM insider trading
EXCERPT:
By James Bandler with Doris BurkeJuly 6, 2010: 5:51 PM ET
FORTUNE -- At 7:30 in the morning on Oct. 16, 2009, Robert Moffat had already been at his desk at IBM's headquarters in Armonk, N.Y., for an hour and a half. As he had almost every day in his 31-year career at the company, he had left home at 5:30 a.m. to get a jump on work. He had just finished his first call of the day when his phone rang. It was his wife, Amor.
He needed to come home immediately, she said. Five FBI agents were at the house to arrest him for conspiracy related to insider trading. "What's going on?" Amor
implored.
Banking and Finance
EXCERPT:
January 3, 2010
Fishnet temptress Danielle Chiesi snagged by insider trading scandalTony Allen-Mills in New York Her mother calls her “my angel”, and “the most honest human being in the whole world”. Yet federal investigators take a different view of Danielle Chiesi, a former beauty queen turned hedge-fund consultant, who has emerged at the centre of the biggest insider trading scandal to shake Wall Street for decades.
The publication of federal indictments against the flamboyant chief of a $7 billion (£4.3 billion) hedge fund has provided a glimpse into a secretive world of male-dominated corporate networking that allegedly proved almost comically vulnerable to the seductive charms of a woman described by one Wall Street website as “a blue-eyed temptress”.
Invariably clad in low-cut blouses and short skirts, Chiesi cut a glamorous swathe among the geekish male executives of California’s Silicon Valley, where she built an enviable network of high-powered executive contacts at prestigious technology companies.
“She bragged about her contacts,” said Deborah Stapleton, a California executive who often saw Chiesi, a 44-year-old divorcée, plying her charms on dazzled nerds at computer conferences. “It amazes me that grown, wealthy, successful, hardworking men fell for that.”
Rajaratnam galleon insider trading
ResourcesRaj Rajaratnam, the billionaire investor and founder of Galleon Group, has been charged in connection with an alleged insider trading scheme described by US prosecutors as the biggest ever involving hedge funds
The spread of inside information
Blog: John Gapper
FBI cracks alleged insider ring
Paul Murphy
Ex-IBM executive jailed in Galleon case
A former senior executive at IBM was sentenced to six months in prison after pleading guilty to charges arising from the Galleon hedge fund insider trading probe - Sep 13 2010
Watchdogs probe claims of Galleon case leaks
A pair of government watchdogs have agreed to look into claims that officials from the DoJ and SEC leaked sensitive information to the media about the insider trading investigation of Raj Rajaratnam and his Galleon hedge funds - May 26 2010
Amid giant insider trading scandal Galleon Group to shut doors
EXCERPT:
The Galleon Group, caught up in the largest-ever hedge fund insider-trading scandal, is liquidating its funds even as investors enjoy one of the firm's best years.
On Friday U.S. authorities arrested Galleon founder Raj Rajaratnam, New Castle Partners' Mark Kurland and four others for their alleged roles in an insider-trading scheme that netted more than $20 million. These six could face up to 20 years of prison if federal prosecutors win convictions.
Danielle Chiesi New Castle Partners wire taps
EXCERPT:
Here are excepts of wire taps of Danielle Chiesi New Castle Partners. Danielle Chiesi was arrested today along with five others as part of the alleged $20 million insider trading scandal.
The taps reportedly include the following Chiesi exchange:
Raj Rajaratnam: “I think you should buy and sell, and buy and sell.”
Akamai executive: “Danielle, I have a major present for you.”
Danielle Chiesi reportedly asks what the executive is talking about.
Akamai executive: “Information”.
Chiesi: “Well that, that is a great present.”
Chiesi: “Akamai…. I’m trading it tomorrow.. They’re gonna
guide down. I just got a call from my guy … I was talking
about the family and everything, and then he said people think
it’s gonna go to 25 (dollars per share). They print on
Wednesday.”
Rajaratnam: “You got a few more days, Friday, Monday …”
Chiesi: “Just keep shorting every day. We got a lot of days.”
Rajiv Goel, Anil Kumar, Danielle Chiesi, Mark Kurland, and Robert Moffat were arrested today in the Galleon Group Hedge Fund alleged insider trading scandal.
Reports state the second complaint accuses “Danielle Chiesi, Mark Kurland and Robert Moffat — of securities fraud and conspiracy to commit insider trading.”
For continuing coverage on LALATE click here: http://news.lalate.com/category/money.
Secret Skadden Arps contract scandal
Secret Skadden Arps Contract Scandal
Mar 30 2008, 11:12 AM
Skadden Arps, a law firm that has been paid $3.9 million for its work on New Jersey's Gov. Jon S. Corzine's toll road plan, bid more than a competitor that was initially deemed superior by state evaluators.
A review of bid and billing documents reveal that the politically connected Skadden, Arps, Slate, Meagher & Flom, LLP, needed an extra step of evaluation to be deemed most qualified for the job, then did not use the lawyers featured in its bid proposal. The firm also represents clients likely to seek contracts with the state if Corzine's toll road plan is enacted.
Tuesday, October 26, 2010
Thursday, September 30, 2010
Lord Rothschild fund joins world goldAn investment fund backed by Lord Rothschild has joined the World Gold Council to put £12.5m into BullionVault, the online gold investment platform.
Tim Levene of Augmentum Capital, a fund backed by Lord Rothschild’s RIT Capital Partners, said the investment was not a bet on the gold price but on “the future growth of the BullionVault platform”, which stores physical gold for private clients in London, New York and Zurich. RIT currently has 9pc of its assets in physical gold.
Investment demand for the metal has risen on concerns that sovereign debt problems could spread and the value of currencies plunge. The gold price hit a new nominal all-time high above $1,260 on Friday and analysts expect the price will continue to rise.'
Darwin Meets God and They Agree!
EXCERPT:
October 14, 2009
Darwin was most probably right in his evolutional theory and the creation of mankind. We are biological animals and the evolutional process is clear to see. This however does not prove or explain away GOD, or the possibility or indeed the over whelming probability that consciousness/sole exists.
Humans are different distinct from the rest of the animal kingdom here is where Darwin stops and can offer no further insights and Religion/philosophy picks up and attempts to explain or search for our meaning. The sole could have existed before humans and our biological evolution and we will continue to exist in an ever expanding push through this dimension. We are not our thoughts, ideas, or experiences. Our bodies are just biological computers that last for 70 or 80 years, some time less. We are much older than that. Heaven is real, just not forever and it’s a choice. One state does not discount many others. I look at it as the afterlife of heaven in the Biblical and other books sense could be an invitation to hang out with God. The alternative doses not neccerialy mean an absence of God but rather a multitude of dimensions. All have the opportunity to contact the source or God and exist in other forms. If one wants to use logic if indeed Logic can be applied then God has to be bigger and exponentially more complex than simple duality’s. One Heaven or One Hell.
Again not one or Two, but rather Three, Four, Five, six ect
So Christianity, Islam, Buddhism and others are just as correct as any other idea that talks of continuation after death. A just different translation FROM the same, Source, sometimes a little gets lost in translation. Of course we also have to factor in mans attempt to corrupt, impose and mislead.
I make no claim this is fact, or channeled from any higher source or dimension, but an idea that popped into my head last night that I felt compelled to Hurley write down before I forgot. This perhaps will explain why it may not make any sense. But it does to me. : )
RIT Capital Partners wikipedia
Rothschild and RIT Back 50M Tim Levene fund
EXCERPT:
Rothschild and RIT back £50m Tim Levene fund
Tim Levene, the son of Lloyd's of London chairman Lord Levene, is targeting £50m of private equity deals over the next two years after raising a fund backed by Lord Rothschild.
By Graham Ruddick
Published: 9:30PM BST 25 Jul 2009
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>.
Tim Levene of Augmentum Capital, a fund backed by Lord Rothschild’s RIT Capital Partners, said the investment was not a bet on the gold price but on “the future growth of the BullionVault platform”, which stores physical gold for private clients in London, New York and Zurich. RIT currently has 9pc of its assets in physical gold.
Investment demand for the metal has risen on concerns that sovereign debt problems could spread and the value of currencies plunge. The gold price hit a new nominal all-time high above $1,260 on Friday and analysts expect the price will continue to rise.'
Darwin Meets God and They Agree!
EXCERPT:
October 14, 2009
Darwin was most probably right in his evolutional theory and the creation of mankind. We are biological animals and the evolutional process is clear to see. This however does not prove or explain away GOD, or the possibility or indeed the over whelming probability that consciousness/sole exists.
Humans are different distinct from the rest of the animal kingdom here is where Darwin stops and can offer no further insights and Religion/philosophy picks up and attempts to explain or search for our meaning. The sole could have existed before humans and our biological evolution and we will continue to exist in an ever expanding push through this dimension. We are not our thoughts, ideas, or experiences. Our bodies are just biological computers that last for 70 or 80 years, some time less. We are much older than that. Heaven is real, just not forever and it’s a choice. One state does not discount many others. I look at it as the afterlife of heaven in the Biblical and other books sense could be an invitation to hang out with God. The alternative doses not neccerialy mean an absence of God but rather a multitude of dimensions. All have the opportunity to contact the source or God and exist in other forms. If one wants to use logic if indeed Logic can be applied then God has to be bigger and exponentially more complex than simple duality’s. One Heaven or One Hell.
Again not one or Two, but rather Three, Four, Five, six ect
So Christianity, Islam, Buddhism and others are just as correct as any other idea that talks of continuation after death. A just different translation FROM the same, Source, sometimes a little gets lost in translation. Of course we also have to factor in mans attempt to corrupt, impose and mislead.
I make no claim this is fact, or channeled from any higher source or dimension, but an idea that popped into my head last night that I felt compelled to Hurley write down before I forgot. This perhaps will explain why it may not make any sense. But it does to me. : )
RIT Capital Partners wikipedia
Rothschild and RIT Back 50M Tim Levene fund
EXCERPT:
Rothschild and RIT back £50m Tim Levene fund
Tim Levene, the son of Lloyd's of London chairman Lord Levene, is targeting £50m of private equity deals over the next two years after raising a fund backed by Lord Rothschild.
By Graham Ruddick
Published: 9:30PM BST 25 Jul 2009
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>.
Wednesday, September 29, 2010
Iran Pistachio ban aids California growers
California growers will have the domestic market to themselves.
Posted at 09:35 PM on Saturday, Aug. 21, 2010
By Robert Rodriguez / The Fresno Bee Share
US ban on Iranian pistachios helps Calif. farmers
California farmers may be the big beneficiaries of a U.S. ban on Iranian pistachios that began Wednesday.
President Barack Obama signed the ban on July 1 in response to Iran's nuclear policies. It went into effect as California's farmers were in the midst of their harvest.
The United States and Iran have been vying for the title of No. 1 pistachio producer. California, which grows more than 95 percent of U.S. pistachios, has doubled acreage devoted to the nut in the past decade. Bad weather in Iran also has helped put the U.S. in the top spot in the past couple of years, according to the U.S. Department of Agriculture.
California farmers may be the big beneficiaries of a U.S. ban on Iranian pistachios that began Wednesday.
President Barack Obama signed the ban on July 1 in response to Iran's nuclear policies. It went into effect as California's farmers were in the midst of their harvest.
The United States and Iran have been vying for the title of No. 1 pistachio producer. California, which grows more than 95 percent of U.S. pistachios, has doubled acreage devoted to the nut in the past decade. Bad weather in Iran also has helped put the U.S. in the top spot in the past couple of years, according to the U.S. Department of Agriculture.
■Specialty crop grants to help Valley growers
California specialty-crop growers got a $17 million boost Friday from the federal government for projects aimed at improving food safety, increasing consumer awareness and developing new food products.
The money -- part of the federal 2008 Farm Bill -- will fund 64 diverse projects benefiting growers of fruits, vegetables, nuts, dried fruit and nursery crops.
Nationwide, $55 million was awarded to states, with California receiving the largest share.
■Valley cotton growers respond to growing demand
California cotton is making a comeback.
This year, acreage for the state's two primary varieties -- upland and the longer fiber pima -- grew by 76% and 59% respectively after decades of decline.
Growing worldwide demand, weak prices for competing crops and an ailing dairy economy helped push growers back into cotton, an agricultural mainstay for San Joaquin Valley farmers.
■USDA numbers show Idaho had record potato crop
New figures from the U.S. Department of Agriculture show the value of Idaho's potato crop reached a record $855 million last year.
That's an increase of nearly $22 million from 2008, according to the report the USDA released Thursday.
Idaho Potato Commission President Frank Muir told the Idaho State Journal that the record value shows that 2009 had a positive ending for growers, despite challenges caused by price slumps and high yields.
The U.S. has shut its doors to Iranian pistachios, much to the delight of California nut growers.
The embargo takes effect Sept. 29 and blocks Iran from shipping any pistachios to the United States.
Iran had been importing an average of 262,000 pounds of pistachios into the U.S. since 2000. And in the past 12 months, as many as 1 million pounds were imported.
The pistachio ban was part of a package of sanctions issued by the U.S. against Iran over its nuclear program. The legislation was signed by President Barack Obama on July 1.
Richard Matoian, executive director of the Fresno-based Western Pistachio Association, welcomed the embargo.
Over the past two decades, U.S. pistachio growers -- a majority who farm in the San Joaquin Valley -- have chipped away at Iran's dominance in the foreign and domestic marketplace.
In the mid-1980s, Iran's total U.S. imports rivaled that of the entire U.S. crop of 27 million pounds.
But growing interest in the nut by California farmers, coupled with well-funded marketing campaigns, boosted the nut's popularity.
By 2008, U.S. pistachio growers produced a 278 million pound crop, overtaking Iran as the world's largest grower.
These days, about 75% of the U.S. pistachio crop is exported, and the remainder was sold domestically.
Matoian said this isn't the first time the U.S. has blocked Iranian pistachios. When the U.S. Embassy employees were taken hostage in Iran in 1979, President Jimmy Carter imposed an embargo on Iranian products, including pistachios.
The embargo was lifted in 1981 but others would follow, including from 1987 to 2000 during the Iraq-Iranian war.
In March 2000, the Clinton administration lifted the ban, believing progress was being made in Iran.
Kern County pistachio grower Brian Blackwell said the lack of competitors will help California pistachio farmers.
"This is a benefit to us, but a lot still depends on what demand is and what supply will be," Blackwell said.
This year's crop is estimated at 360 million pounds, a large portion of which is destined for overseas markets in Europe and China.
The reporter can be reached at brodriguez@fresnobee.com or (559) 441-6327.
Read more: Iran Pistachos
Iran pistachio ban aids Calif. growers
California growers will have the domestic market to themselves.
Posted at 09:35 PM on Saturday, Aug. 21, 2010
By Robert Rodriguez / The Fresno Bee Share
Buzz up!
E-Mail Print Text Size: tool nameclose tool goes here
0 Comments Similar stories:
■US ban on Iranian pistachios helps Calif. farmers
California farmers may be the big beneficiaries of a U.S. ban on Iranian pistachios that began Wednesday.
President Barack Obama signed the ban on July 1 in response to Iran's nuclear policies. It went into effect as California's farmers were in the midst of their harvest.
The United States and Iran have been vying for the title of No. 1 pistachio producer. California, which grows more than 95 percent of U.S. pistachios, has doubled acreage devoted to the nut in the past decade. Bad weather in Iran also has helped put the U.S. in the top spot in the past couple of years, according to the U.S. Department of Agriculture.
■US ban on Iranian pistachios helps Calif. farmers
California farmers may be the big beneficiaries of a U.S. ban on Iranian pistachios that began Wednesday.
President Barack Obama signed the ban on July 1 in response to Iran's nuclear policies. It went into effect as California's farmers were in the midst of their harvest.
The United States and Iran have been vying for the title of No. 1 pistachio producer. California, which grows more than 95 percent of U.S. pistachios, has doubled acreage devoted to the nut in the past decade. Bad weather in Iran also has helped put the U.S. in the top spot in the past couple of years, according to the U.S. Department of Agriculture.
■Specialty crop grants to help Valley growers
California specialty-crop growers got a $17 million boost Friday from the federal government for projects aimed at improving food safety, increasing consumer awareness and developing new food products.
The money -- part of the federal 2008 Farm Bill -- will fund 64 diverse projects benefiting growers of fruits, vegetables, nuts, dried fruit and nursery crops.
Nationwide, $55 million was awarded to states, with California receiving the largest share.
■Valley cotton growers respond to growing demand
California cotton is making a comeback.
This year, acreage for the state's two primary varieties -- upland and the longer fiber pima -- grew by 76% and 59% respectively after decades of decline.
Growing worldwide demand, weak prices for competing crops and an ailing dairy economy helped push growers back into cotton, an agricultural mainstay for San Joaquin Valley farmers.
■USDA numbers show Idaho had record potato crop
New figures from the U.S. Department of Agriculture show the value of Idaho's potato crop reached a record $855 million last year.
That's an increase of nearly $22 million from 2008, according to the report the USDA released Thursday.
Idaho Potato Commission President Frank Muir told the Idaho State Journal that the record value shows that 2009 had a positive ending for growers, despite challenges caused by price slumps and high yields.
The U.S. has shut its doors to Iranian pistachios, much to the delight of California nut growers.
The embargo takes effect Sept. 29 and blocks Iran from shipping any pistachios to the United States.
Iran had been importing an average of 262,000 pounds of pistachios into the U.S. since 2000. And in the past 12 months, as many as 1 million pounds were imported.
The pistachio ban was part of a package of sanctions issued by the U.S. against Iran over its nuclear program. The legislation was signed by President Barack Obama on July 1.
Richard Matoian, executive director of the Fresno-based Western Pistachio Association, welcomed the embargo.
"Having the domestic market literally to yourself is important to our growers," Matoian said.
Over the past two decades, U.S. pistachio growers -- a majority who farm in the San Joaquin Valley -- have chipped away at Iran's dominance in the foreign and domestic marketplace.
In the mid-1980s, Iran's total U.S. imports rivaled that of the entire U.S. crop of 27 million pounds.
But growing interest in the nut by California farmers, coupled with well-funded marketing campaigns, boosted the nut's popularity.
By 2008, U.S. pistachio growers produced a 278 million pound crop, overtaking Iran as the world's largest grower.
These days, about 75% of the U.S. pistachio crop is exported, and the remainder was sold domestically.
Matoian said this isn't the first time the U.S. has blocked Iranian pistachios. When the U.S. Embassy employees were taken hostage in Iran in 1979, President Jimmy Carter imposed an embargo on Iranian products, including pistachios.
The embargo was lifted in 1981 but others would follow, including from 1987 to 2000 during the Iraq-Iranian war.
In March 2000, the Clinton administration lifted the ban, believing progress was being made in Iran.
Kern County pistachio grower Brian Blackwell said the lack of competitors will help California pistachio farmers.
"This is a benefit to us, but a lot still depends on what demand is and what supply will be," Blackwell said.
This year's crop is estimated at 360 million
Iran's population is young
EXCERPT:
Twenty-three years after the revolution that brought an Islamic government to power, Iran may once again be on the brink of change. More than two thirds of Iran's 65 million people are under the age of 30. They are educated and familiar with the West's freedoms and opportunities. Increasingly, this younger generation is demanding political and social freedom.
Iran TV urges boyIran TV urges boycott of 'Zionist' products
TEHRAN (AFP) - Iran has launched a major campaign urging consumers to stop buying "Zionist" products, ranging from Coca-Cola and Pepsi soft drinks, to Calvin Klein clothing and Nestle food products.
"Pepsi stands for 'Pay Each Penny to Save Israel", viewers in the Islamic republic have been warned in an oft-repeated three-minute infomercial on state television, prompted by Israel's ongoing assault against the Palestinian territories and Lebanon.
"Zionists are the biggest shareholders in the soft drinks industry, and each year they make billions of dollars for their colonialist aims," consumers with a thirst for fizz have been told.
Coca-Cola is also not left unscathed by the new twist to the cola wars.
"This firm openly supports Israel and has even said that it is ready to allocate great deal of money to topple the Islamic republic," state television said.
Both Pepsi and Coca-Cola have factories in Iran, although state television gave no indication over whether their operations would be affected.
A popular British high-street retailer, as well as a number of multinational firms, were also singled out for their links to the alleged international Jewish conspiracy to control the world.
"Marks and Spencer has very close relations with the Israeli regime and one its primary aims is to help the development of the Israeli economy," the infomercial claimed.
"Nestle is a Swiss food processing firm which in 2000 announced that it will invest millions of dollars in Israel to build a factory there," it added, while neglecting to mention that Nestle also has a factory in Iran.
The world's largest chip maker Intel was also branded as "one of Israel's biggest supporters".
"Its first overseas branch was set up in Haifa in 1974. In 2000 it employed more that 4,000 Israelis. Its top managers have said that they are going to invest 6.5 billion dollars in Israel," would-be Intel customers have been told.
"McDonalds, Timberland, Revlon, Garnier, Hugo Boss, Tommy Hilfiger, Calvin Klein and L'Oreal are only some of the firms which belong to the Zionist regime," state television said, before taking a swipe at what it said were less vigilant Arab nations.
"Unfortunately most of the streets of Arab nations are filled with commercials which advertise Israeli products. For each purchase, the money is converted into bullets piercing the chests of the Lebanese and Palestinian kids," it fumed.
Iran's hardline Islamic leadership fiercely objects to the very existence of Israel, with President Mahmoud Ahmadinejad calling for the Jewish state to be "wiped off the map" or moved elsewhere on the planet.
The head of Iran's parliament, Gholam Ali Hadad-Adel, on Tuesday also branded Israel a "filthy tumor in the body of the Islamic world".
Tehran has also been accused of providing financial and military support to its fellow Shiites in Lebanon's Hezbollah as well as the Palestinian militant group Hamas.
But the regime continues to insists that it only gives "moral" support, and has in recent days decorated Tehran's streets with huge posters of Hezbollah leader Hassan Nasrallah.
"The Islamic republic of Iran has never interfered in Syrian and Lebanese internal affairs. Our support is only moral," foreign ministry spokesman Hamid Reza Asefi repeated to the ISNA news agency Wednesday.
State television meanwhile announced Iran's Red Crescent was sending its first consignment of humanitarian aid to Lebanon -- a 60-tonne consignment of rice, sugar, beans, date, tents and sleeping bags.
cott of zionist products
California growers will have the domestic market to themselves.
Posted at 09:35 PM on Saturday, Aug. 21, 2010
By Robert Rodriguez / The Fresno Bee Share
US ban on Iranian pistachios helps Calif. farmers
California farmers may be the big beneficiaries of a U.S. ban on Iranian pistachios that began Wednesday.
President Barack Obama signed the ban on July 1 in response to Iran's nuclear policies. It went into effect as California's farmers were in the midst of their harvest.
The United States and Iran have been vying for the title of No. 1 pistachio producer. California, which grows more than 95 percent of U.S. pistachios, has doubled acreage devoted to the nut in the past decade. Bad weather in Iran also has helped put the U.S. in the top spot in the past couple of years, according to the U.S. Department of Agriculture.
California farmers may be the big beneficiaries of a U.S. ban on Iranian pistachios that began Wednesday.
President Barack Obama signed the ban on July 1 in response to Iran's nuclear policies. It went into effect as California's farmers were in the midst of their harvest.
The United States and Iran have been vying for the title of No. 1 pistachio producer. California, which grows more than 95 percent of U.S. pistachios, has doubled acreage devoted to the nut in the past decade. Bad weather in Iran also has helped put the U.S. in the top spot in the past couple of years, according to the U.S. Department of Agriculture.
■Specialty crop grants to help Valley growers
California specialty-crop growers got a $17 million boost Friday from the federal government for projects aimed at improving food safety, increasing consumer awareness and developing new food products.
The money -- part of the federal 2008 Farm Bill -- will fund 64 diverse projects benefiting growers of fruits, vegetables, nuts, dried fruit and nursery crops.
Nationwide, $55 million was awarded to states, with California receiving the largest share.
■Valley cotton growers respond to growing demand
California cotton is making a comeback.
This year, acreage for the state's two primary varieties -- upland and the longer fiber pima -- grew by 76% and 59% respectively after decades of decline.
Growing worldwide demand, weak prices for competing crops and an ailing dairy economy helped push growers back into cotton, an agricultural mainstay for San Joaquin Valley farmers.
■USDA numbers show Idaho had record potato crop
New figures from the U.S. Department of Agriculture show the value of Idaho's potato crop reached a record $855 million last year.
That's an increase of nearly $22 million from 2008, according to the report the USDA released Thursday.
Idaho Potato Commission President Frank Muir told the Idaho State Journal that the record value shows that 2009 had a positive ending for growers, despite challenges caused by price slumps and high yields.
The U.S. has shut its doors to Iranian pistachios, much to the delight of California nut growers.
The embargo takes effect Sept. 29 and blocks Iran from shipping any pistachios to the United States.
Iran had been importing an average of 262,000 pounds of pistachios into the U.S. since 2000. And in the past 12 months, as many as 1 million pounds were imported.
The pistachio ban was part of a package of sanctions issued by the U.S. against Iran over its nuclear program. The legislation was signed by President Barack Obama on July 1.
Richard Matoian, executive director of the Fresno-based Western Pistachio Association, welcomed the embargo.
Over the past two decades, U.S. pistachio growers -- a majority who farm in the San Joaquin Valley -- have chipped away at Iran's dominance in the foreign and domestic marketplace.
In the mid-1980s, Iran's total U.S. imports rivaled that of the entire U.S. crop of 27 million pounds.
But growing interest in the nut by California farmers, coupled with well-funded marketing campaigns, boosted the nut's popularity.
By 2008, U.S. pistachio growers produced a 278 million pound crop, overtaking Iran as the world's largest grower.
These days, about 75% of the U.S. pistachio crop is exported, and the remainder was sold domestically.
Matoian said this isn't the first time the U.S. has blocked Iranian pistachios. When the U.S. Embassy employees were taken hostage in Iran in 1979, President Jimmy Carter imposed an embargo on Iranian products, including pistachios.
The embargo was lifted in 1981 but others would follow, including from 1987 to 2000 during the Iraq-Iranian war.
In March 2000, the Clinton administration lifted the ban, believing progress was being made in Iran.
Kern County pistachio grower Brian Blackwell said the lack of competitors will help California pistachio farmers.
"This is a benefit to us, but a lot still depends on what demand is and what supply will be," Blackwell said.
This year's crop is estimated at 360 million pounds, a large portion of which is destined for overseas markets in Europe and China.
The reporter can be reached at brodriguez@fresnobee.com or (559) 441-6327.
Read more: Iran Pistachos
Iran pistachio ban aids Calif. growers
California growers will have the domestic market to themselves.
Posted at 09:35 PM on Saturday, Aug. 21, 2010
By Robert Rodriguez / The Fresno Bee Share
Buzz up!
E-Mail Print Text Size: tool nameclose tool goes here
0 Comments Similar stories:
■US ban on Iranian pistachios helps Calif. farmers
California farmers may be the big beneficiaries of a U.S. ban on Iranian pistachios that began Wednesday.
President Barack Obama signed the ban on July 1 in response to Iran's nuclear policies. It went into effect as California's farmers were in the midst of their harvest.
The United States and Iran have been vying for the title of No. 1 pistachio producer. California, which grows more than 95 percent of U.S. pistachios, has doubled acreage devoted to the nut in the past decade. Bad weather in Iran also has helped put the U.S. in the top spot in the past couple of years, according to the U.S. Department of Agriculture.
■US ban on Iranian pistachios helps Calif. farmers
California farmers may be the big beneficiaries of a U.S. ban on Iranian pistachios that began Wednesday.
President Barack Obama signed the ban on July 1 in response to Iran's nuclear policies. It went into effect as California's farmers were in the midst of their harvest.
The United States and Iran have been vying for the title of No. 1 pistachio producer. California, which grows more than 95 percent of U.S. pistachios, has doubled acreage devoted to the nut in the past decade. Bad weather in Iran also has helped put the U.S. in the top spot in the past couple of years, according to the U.S. Department of Agriculture.
■Specialty crop grants to help Valley growers
California specialty-crop growers got a $17 million boost Friday from the federal government for projects aimed at improving food safety, increasing consumer awareness and developing new food products.
The money -- part of the federal 2008 Farm Bill -- will fund 64 diverse projects benefiting growers of fruits, vegetables, nuts, dried fruit and nursery crops.
Nationwide, $55 million was awarded to states, with California receiving the largest share.
■Valley cotton growers respond to growing demand
California cotton is making a comeback.
This year, acreage for the state's two primary varieties -- upland and the longer fiber pima -- grew by 76% and 59% respectively after decades of decline.
Growing worldwide demand, weak prices for competing crops and an ailing dairy economy helped push growers back into cotton, an agricultural mainstay for San Joaquin Valley farmers.
■USDA numbers show Idaho had record potato crop
New figures from the U.S. Department of Agriculture show the value of Idaho's potato crop reached a record $855 million last year.
That's an increase of nearly $22 million from 2008, according to the report the USDA released Thursday.
Idaho Potato Commission President Frank Muir told the Idaho State Journal that the record value shows that 2009 had a positive ending for growers, despite challenges caused by price slumps and high yields.
The U.S. has shut its doors to Iranian pistachios, much to the delight of California nut growers.
The embargo takes effect Sept. 29 and blocks Iran from shipping any pistachios to the United States.
Iran had been importing an average of 262,000 pounds of pistachios into the U.S. since 2000. And in the past 12 months, as many as 1 million pounds were imported.
The pistachio ban was part of a package of sanctions issued by the U.S. against Iran over its nuclear program. The legislation was signed by President Barack Obama on July 1.
Richard Matoian, executive director of the Fresno-based Western Pistachio Association, welcomed the embargo.
"Having the domestic market literally to yourself is important to our growers," Matoian said.
Over the past two decades, U.S. pistachio growers -- a majority who farm in the San Joaquin Valley -- have chipped away at Iran's dominance in the foreign and domestic marketplace.
In the mid-1980s, Iran's total U.S. imports rivaled that of the entire U.S. crop of 27 million pounds.
But growing interest in the nut by California farmers, coupled with well-funded marketing campaigns, boosted the nut's popularity.
By 2008, U.S. pistachio growers produced a 278 million pound crop, overtaking Iran as the world's largest grower.
These days, about 75% of the U.S. pistachio crop is exported, and the remainder was sold domestically.
Matoian said this isn't the first time the U.S. has blocked Iranian pistachios. When the U.S. Embassy employees were taken hostage in Iran in 1979, President Jimmy Carter imposed an embargo on Iranian products, including pistachios.
The embargo was lifted in 1981 but others would follow, including from 1987 to 2000 during the Iraq-Iranian war.
In March 2000, the Clinton administration lifted the ban, believing progress was being made in Iran.
Kern County pistachio grower Brian Blackwell said the lack of competitors will help California pistachio farmers.
"This is a benefit to us, but a lot still depends on what demand is and what supply will be," Blackwell said.
This year's crop is estimated at 360 million
Iran's population is young
EXCERPT:
Twenty-three years after the revolution that brought an Islamic government to power, Iran may once again be on the brink of change. More than two thirds of Iran's 65 million people are under the age of 30. They are educated and familiar with the West's freedoms and opportunities. Increasingly, this younger generation is demanding political and social freedom.
Iran TV urges boyIran TV urges boycott of 'Zionist' products
TEHRAN (AFP) - Iran has launched a major campaign urging consumers to stop buying "Zionist" products, ranging from Coca-Cola and Pepsi soft drinks, to Calvin Klein clothing and Nestle food products.
"Pepsi stands for 'Pay Each Penny to Save Israel", viewers in the Islamic republic have been warned in an oft-repeated three-minute infomercial on state television, prompted by Israel's ongoing assault against the Palestinian territories and Lebanon.
"Zionists are the biggest shareholders in the soft drinks industry, and each year they make billions of dollars for their colonialist aims," consumers with a thirst for fizz have been told.
Coca-Cola is also not left unscathed by the new twist to the cola wars.
"This firm openly supports Israel and has even said that it is ready to allocate great deal of money to topple the Islamic republic," state television said.
Both Pepsi and Coca-Cola have factories in Iran, although state television gave no indication over whether their operations would be affected.
A popular British high-street retailer, as well as a number of multinational firms, were also singled out for their links to the alleged international Jewish conspiracy to control the world.
"Marks and Spencer has very close relations with the Israeli regime and one its primary aims is to help the development of the Israeli economy," the infomercial claimed.
"Nestle is a Swiss food processing firm which in 2000 announced that it will invest millions of dollars in Israel to build a factory there," it added, while neglecting to mention that Nestle also has a factory in Iran.
The world's largest chip maker Intel was also branded as "one of Israel's biggest supporters".
"Its first overseas branch was set up in Haifa in 1974. In 2000 it employed more that 4,000 Israelis. Its top managers have said that they are going to invest 6.5 billion dollars in Israel," would-be Intel customers have been told.
"McDonalds, Timberland, Revlon, Garnier, Hugo Boss, Tommy Hilfiger, Calvin Klein and L'Oreal are only some of the firms which belong to the Zionist regime," state television said, before taking a swipe at what it said were less vigilant Arab nations.
"Unfortunately most of the streets of Arab nations are filled with commercials which advertise Israeli products. For each purchase, the money is converted into bullets piercing the chests of the Lebanese and Palestinian kids," it fumed.
Iran's hardline Islamic leadership fiercely objects to the very existence of Israel, with President Mahmoud Ahmadinejad calling for the Jewish state to be "wiped off the map" or moved elsewhere on the planet.
The head of Iran's parliament, Gholam Ali Hadad-Adel, on Tuesday also branded Israel a "filthy tumor in the body of the Islamic world".
Tehran has also been accused of providing financial and military support to its fellow Shiites in Lebanon's Hezbollah as well as the Palestinian militant group Hamas.
But the regime continues to insists that it only gives "moral" support, and has in recent days decorated Tehran's streets with huge posters of Hezbollah leader Hassan Nasrallah.
"The Islamic republic of Iran has never interfered in Syrian and Lebanese internal affairs. Our support is only moral," foreign ministry spokesman Hamid Reza Asefi repeated to the ISNA news agency Wednesday.
State television meanwhile announced Iran's Red Crescent was sending its first consignment of humanitarian aid to Lebanon -- a 60-tonne consignment of rice, sugar, beans, date, tents and sleeping bags.
cott of zionist products
Europe austerity protests
Anti-austerity protests sweep across Europe
AP – Riot police hit out at demonstrators during protests in Barcelona, Spain, Wednesday, Sept. 29, 2010. …
By RAF CASERT, Associated Press Writer Raf Casert, Associated Press Writer – 1 hr 17 mins ago
BRUSSELS – Anti-austerity protests erupted across Europe on Wednesday — Greek doctors and railway employees walked out, Spanish workers shut down trains and buses, and one man even blocked the Irish parliament with a cement truck to decry the country's enormous bank bailouts.
Tens of thousands of demonstrators marched through the streets of Brussels toward European Union buildings in bright red, green and blue labor union jackets, aiming to reinforce the impact of Spain's first nationwide strike in eight years.
Strikes or protests were also taking place Wednesday in Greece, Portugal, Ireland, Slovenia and Lithuania, all aimed at the budget-slashing, tax-hiking, pension-cutting austerity plans that European governments have implemented to try to control their debt.
The march in Brussels was taking place just as the EU Commission proposed new penalties to punish member states that have run up deficits, mainly to fund social programs in a time of high unemployment. The proposal, backed by Germany, is running into strong opposition from France, which wants politicians to decide on sanctions, not rigid rules alone.
"It is a bizarre time for the European Commission to be proposing a regime of punishment," John Monks, general secretary of the European Trade Union Confederation, told Associated Press Television News. "How is that going to make the situation better? It is going to make it worse."
Unions fear that workers will become the biggest victims of an economic crisis set off by bankers and traders, many of whom were rescued by massive government intervention.
"It is not right that people on low salaries have to pay to prop up the country. It should be the banks," said Belgian demonstrator Evelain Foncis.
Several governments, already living dangerously with high debt, were pushed to the brink of financial collapse and have been forced to impose punishing cuts in wages, pensions and employment — measures that have brought workers out by the tens of thousands over the past months.
"There is a great danger that the workers are going to be paying the price for the reckless speculation that took place in financial markets," Monks said. "You really got to reschedule these debts so that they are not a huge burden on the next few years and cause Europe to plunge down into recession."
In Spain, Prime Minister Jose Luis Rodriguez Zapatero's Socialist government is under severe pressure because of unpopular measures put in place to save Europe's fourth-largest economy from a bailout like one that saved Greece from bankruptcy.
Click image to see photos from the protests
AP/Manu Fernandez
The cuts have helped Spain trim its central government deficit by half through July but the unemployment rate stands at 20 percent, and many businesses are struggling to survive.
The strike Wednesday was Spain's first general strike since 2002 and marked a break in the once-close relationship between unions and the Socialist government.
Whistle-blowing picketers blocked trucks from delivering produce at the main wholesale markets in Madrid and Barcelona. Strikers hurled eggs and screamed "scabs" at drivers trying to leave a city bus garage in Madrid. Airlines canceled hundreds of flights.
Greece, which had to be rescued this spring by the 15 other nations that share the euro currency just to stave off bankruptcy, has also been forced to cut deep into workers' allowances, with weeks of bitter strikes and actions as a result.
Greek bus and trolley drivers walked off the job for several hours while Athens' metro system and tram shut down. National railway workers also walked off the job, disrupting rail connections across the country, while doctors at state hospitals were on a 24-hour strike.
Greece has already been suffering from two weeks of protests by truck drivers who have made it difficult for businesses to get supplies. Many supermarkets are seeing shortages, while producers complaining they are unable to export their goods.
Greece's government has imposed stringent austerity measures, including cutting civil servants' salaries, trimming pensions and hiking consumer and income taxes. Several other EU nations are also planning actions.
In Dublin, a man blocked the gates of the Irish parliament with a cement truck to protest the country's expensive bank bailout. Written across the truck's barrel in red letters were the words: "Toxic Bank" Anglo and "All politicians should be sacked."
Police arrested a 41-year-old man but gave few other details.
The Anglo Irish Bank, which was nationalized last year to save it from collapse, owes some euro72 billion ($97 billion) to depositors worldwide, leaving Irish taxpayers with a mammoth bill at a time when people are suffering through high unemployment, tax hikes and heavy budget cuts.
Also Wednesday, some 400 protesters rallied in an illegal demonstration in Vilnius to demand authorities in Lithuania cease harsh austerity measures such as salary cuts.
"All of working Europe is on the streets today to express dismay over nearsighted income-cutting politics," said Vytautas Jusys, a 40-year-old engineer who lost his job this year.
In Slovenia, thousands of public service workers continued their open-ended strike on Wednesday to protest the government's plan to freeze their salaries for two years — or until economy grows again at a rate of 3 percent.
Unions in Portugal expect some 30,000 people to show up for demonstrations.
Anti-austerity protests sweep across Europe
AP – Riot police hit out at demonstrators during protests in Barcelona, Spain, Wednesday, Sept. 29, 2010. …
By RAF CASERT, Associated Press Writer Raf Casert, Associated Press Writer – 1 hr 17 mins ago
BRUSSELS – Anti-austerity protests erupted across Europe on Wednesday — Greek doctors and railway employees walked out, Spanish workers shut down trains and buses, and one man even blocked the Irish parliament with a cement truck to decry the country's enormous bank bailouts.
Tens of thousands of demonstrators marched through the streets of Brussels toward European Union buildings in bright red, green and blue labor union jackets, aiming to reinforce the impact of Spain's first nationwide strike in eight years.
Strikes or protests were also taking place Wednesday in Greece, Portugal, Ireland, Slovenia and Lithuania, all aimed at the budget-slashing, tax-hiking, pension-cutting austerity plans that European governments have implemented to try to control their debt.
The march in Brussels was taking place just as the EU Commission proposed new penalties to punish member states that have run up deficits, mainly to fund social programs in a time of high unemployment. The proposal, backed by Germany, is running into strong opposition from France, which wants politicians to decide on sanctions, not rigid rules alone.
"It is a bizarre time for the European Commission to be proposing a regime of punishment," John Monks, general secretary of the European Trade Union Confederation, told Associated Press Television News. "How is that going to make the situation better? It is going to make it worse."
Unions fear that workers will become the biggest victims of an economic crisis set off by bankers and traders, many of whom were rescued by massive government intervention.
"It is not right that people on low salaries have to pay to prop up the country. It should be the banks," said Belgian demonstrator Evelain Foncis.
Several governments, already living dangerously with high debt, were pushed to the brink of financial collapse and have been forced to impose punishing cuts in wages, pensions and employment — measures that have brought workers out by the tens of thousands over the past months.
"There is a great danger that the workers are going to be paying the price for the reckless speculation that took place in financial markets," Monks said. "You really got to reschedule these debts so that they are not a huge burden on the next few years and cause Europe to plunge down into recession."
In Spain, Prime Minister Jose Luis Rodriguez Zapatero's Socialist government is under severe pressure because of unpopular measures put in place to save Europe's fourth-largest economy from a bailout like one that saved Greece from bankruptcy.
Click image to see photos from the protests
AP/Manu Fernandez
The cuts have helped Spain trim its central government deficit by half through July but the unemployment rate stands at 20 percent, and many businesses are struggling to survive.
The strike Wednesday was Spain's first general strike since 2002 and marked a break in the once-close relationship between unions and the Socialist government.
Whistle-blowing picketers blocked trucks from delivering produce at the main wholesale markets in Madrid and Barcelona. Strikers hurled eggs and screamed "scabs" at drivers trying to leave a city bus garage in Madrid. Airlines canceled hundreds of flights.
Greece, which had to be rescued this spring by the 15 other nations that share the euro currency just to stave off bankruptcy, has also been forced to cut deep into workers' allowances, with weeks of bitter strikes and actions as a result.
Greek bus and trolley drivers walked off the job for several hours while Athens' metro system and tram shut down. National railway workers also walked off the job, disrupting rail connections across the country, while doctors at state hospitals were on a 24-hour strike.
Greece has already been suffering from two weeks of protests by truck drivers who have made it difficult for businesses to get supplies. Many supermarkets are seeing shortages, while producers complaining they are unable to export their goods.
Greece's government has imposed stringent austerity measures, including cutting civil servants' salaries, trimming pensions and hiking consumer and income taxes. Several other EU nations are also planning actions.
In Dublin, a man blocked the gates of the Irish parliament with a cement truck to protest the country's expensive bank bailout. Written across the truck's barrel in red letters were the words: "Toxic Bank" Anglo and "All politicians should be sacked."
Police arrested a 41-year-old man but gave few other details.
The Anglo Irish Bank, which was nationalized last year to save it from collapse, owes some euro72 billion ($97 billion) to depositors worldwide, leaving Irish taxpayers with a mammoth bill at a time when people are suffering through high unemployment, tax hikes and heavy budget cuts.
Also Wednesday, some 400 protesters rallied in an illegal demonstration in Vilnius to demand authorities in Lithuania cease harsh austerity measures such as salary cuts.
"All of working Europe is on the streets today to express dismay over nearsighted income-cutting politics," said Vytautas Jusys, a 40-year-old engineer who lost his job this year.
In Slovenia, thousands of public service workers continued their open-ended strike on Wednesday to protest the government's plan to freeze their salaries for two years — or until economy grows again at a rate of 3 percent.
Unions in Portugal expect some 30,000 people to show up for demonstrations.
Monday, September 27, 2010
Man attacks Elmo
EDT, September 25, 2010
Police in Winter Park said a man dressed as Elmo was attacked at a local music store on Saturday afternoon by a man who believed the Sesame Street character was a threat to him.
According to Winter Park police Lt. Wayne Farrell, the man had been hired to wear the Elmo suit for an event at Winter Park Village, and was on his break when the attack occurred at the Guitar Center on Orlando Avenue at about 3 p.m.
"He just wandered into the Guitar Center to look at instruments," Farrell said. That's when police say a man, who they said felt "threatened" by the Sesame Street star, attacked.
Farrell said the attack was "unprovoked."
--------------------------------------------------------------------------------
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--------------------------------------------------------------------------------
"He immediately thought (the man dressed as Elmo) was a threat," Farrell said. Farrell called the ensuing struggle a "very physical fight," with multiple punches thrown.
"Elmo got the best of the guy," Farrell said. "He broke two of his fingers."
Police took the assailant to a local hospital, where Farrell said he will be temporarily detained for mental health evaluation.
And though he was the victim of the attack, police said the man dressed as the loveable children's character emerged unscathed.
"Elmo was unhurt," Farrell said.
Jeff Weiner can be reached at 407-420-5171 or jeweiner@orlandosentinel.com.
EDT, September 25, 2010
Police in Winter Park said a man dressed as Elmo was attacked at a local music store on Saturday afternoon by a man who believed the Sesame Street character was a threat to him.
According to Winter Park police Lt. Wayne Farrell, the man had been hired to wear the Elmo suit for an event at Winter Park Village, and was on his break when the attack occurred at the Guitar Center on Orlando Avenue at about 3 p.m.
"He just wandered into the Guitar Center to look at instruments," Farrell said. That's when police say a man, who they said felt "threatened" by the Sesame Street star, attacked.
Farrell said the attack was "unprovoked."
--------------------------------------------------------------------------------
Get the day's top stories in your inbox. Click here to sign up for the Midday Update newsletter
--------------------------------------------------------------------------------
"He immediately thought (the man dressed as Elmo) was a threat," Farrell said. Farrell called the ensuing struggle a "very physical fight," with multiple punches thrown.
"Elmo got the best of the guy," Farrell said. "He broke two of his fingers."
Police took the assailant to a local hospital, where Farrell said he will be temporarily detained for mental health evaluation.
And though he was the victim of the attack, police said the man dressed as the loveable children's character emerged unscathed.
"Elmo was unhurt," Farrell said.
Jeff Weiner can be reached at 407-420-5171 or jeweiner@orlandosentinel.com.
Friday, September 24, 2010
MIchael Geoghegan HSBC Hong Kong (Part of video in English)
Shocking new revelations now unfolding in British and American media reports concerning the Carroll Foundation Trust Case has revealed that the HSBC Holdings Plc. CEO Michael Geoghegan who is now based in Hong Kong together with the Chairman Stephen Green located at the HSBC Canary Wharf London headquarters have been named in Britain's biggest ever ongoing organised crime offshore tax evasion money laundering racketeering case in modern economic history.
Boardroom battle shakes up HSBC
EXCERPT:
25 Sep, 2010, 01.12AM IST,REUTERS
Boardroom battle 'shakes up' HSBC
Hong KONG/LONDON: A dramatic upheaval among HSBC’s top management after a boardroom row has left the bank scrambling to limit damage to its reputation but unlikely to alter its increasing focus on Asia.
Chief executive Michael Geoghegan is set to be replaced by Stuart Gulliver, the head of investment banking, a person familiar with the matter said on Thursday.
Its finance director Douglas Flint is to take over as chairman, as a power struggle after the announced departure of its chairman two weeks ago spread across the board. “It’s quite remarkable for a company that’s renowned for its stewardship,” said Chris Wheeler, analyst at Mediobanca in London.
Michael Eisner 9/2/2010 'The View' video
EXCERPT from following article
2) Note: Both Rosen's now raise money for Joseph Lieberman who is now a
traitor to his own party. It can now also be reported that Mossad agent
Marvin Rosen was tied to Michael Eisner and the ABC Mickey Mouse Disney
Year 2000 Election coup d'etat.
Rahm and Refco
EXCERPTS:
1) Bush Clinton Mossad Fund-raiser Marvin Rosen is now under investigation by the U.S. Justice Dept. for his relationship with noted disgraced lobbyist Jack Abramoff.
Rosen along with Richard Dennis, Chicago Commodity trader helped raise funds for Bush and Bill Bradley in the Year 2000 U.S. Presidential Election. Rosen is now conspiring with former General Electric CEO Jack
Welch to rig the Year 2008 Democratic Primary.
Reference: Rosen also does fund-raising for William gay-in-the-closet Frist (R. Tenn.).
2) Note: Both Rosen's now raise money for Joseph Lieberman who is now a
traitor to his own party. It can now also be reported that Mossad agent
Marvin Rosen was tied to Michael Eisner and the ABC Mickey Mouse Disney
Year 2000 Election coup d'etat.
Mia aka Edgar Bronfmans daughter in law phony yet catchy
EXCERPT:
However, the unbearable heat Klores’ should be feeling is tied to his numerous dealings with Associate #3, Marvin Rosen, who was a former partner at the Greenberg Traurig law firm. You know, the one where imprisoned lobbyist Jack Abramoff used to work. And no surprise, Abramoff was a client of Klores. But there may be another former client of Klores tied to Greenberg Traurig who is causing Klores…. and Rosen sleepless nights.
Sara Lee kills people
EXCERPT:
• Sara Lee's biggest scandal involved the sale of listeria-tainted hot dog meat that killed 15 people and sickened more than 100 in 2001.
Shocking new revelations now unfolding in British and American media reports concerning the Carroll Foundation Trust Case has revealed that the HSBC Holdings Plc. CEO Michael Geoghegan who is now based in Hong Kong together with the Chairman Stephen Green located at the HSBC Canary Wharf London headquarters have been named in Britain's biggest ever ongoing organised crime offshore tax evasion money laundering racketeering case in modern economic history.
Boardroom battle shakes up HSBC
EXCERPT:
25 Sep, 2010, 01.12AM IST,REUTERS
Boardroom battle 'shakes up' HSBC
Hong KONG/LONDON: A dramatic upheaval among HSBC’s top management after a boardroom row has left the bank scrambling to limit damage to its reputation but unlikely to alter its increasing focus on Asia.
Chief executive Michael Geoghegan is set to be replaced by Stuart Gulliver, the head of investment banking, a person familiar with the matter said on Thursday.
Its finance director Douglas Flint is to take over as chairman, as a power struggle after the announced departure of its chairman two weeks ago spread across the board. “It’s quite remarkable for a company that’s renowned for its stewardship,” said Chris Wheeler, analyst at Mediobanca in London.
Michael Eisner 9/2/2010 'The View' video
EXCERPT from following article
2) Note: Both Rosen's now raise money for Joseph Lieberman who is now a
traitor to his own party. It can now also be reported that Mossad agent
Marvin Rosen was tied to Michael Eisner and the ABC Mickey Mouse Disney
Year 2000 Election coup d'etat.
Rahm and Refco
EXCERPTS:
1) Bush Clinton Mossad Fund-raiser Marvin Rosen is now under investigation by the U.S. Justice Dept. for his relationship with noted disgraced lobbyist Jack Abramoff.
Rosen along with Richard Dennis, Chicago Commodity trader helped raise funds for Bush and Bill Bradley in the Year 2000 U.S. Presidential Election. Rosen is now conspiring with former General Electric CEO Jack
Welch to rig the Year 2008 Democratic Primary.
Reference: Rosen also does fund-raising for William gay-in-the-closet Frist (R. Tenn.).
2) Note: Both Rosen's now raise money for Joseph Lieberman who is now a
traitor to his own party. It can now also be reported that Mossad agent
Marvin Rosen was tied to Michael Eisner and the ABC Mickey Mouse Disney
Year 2000 Election coup d'etat.
Mia aka Edgar Bronfmans daughter in law phony yet catchy
EXCERPT:
However, the unbearable heat Klores’ should be feeling is tied to his numerous dealings with Associate #3, Marvin Rosen, who was a former partner at the Greenberg Traurig law firm. You know, the one where imprisoned lobbyist Jack Abramoff used to work. And no surprise, Abramoff was a client of Klores. But there may be another former client of Klores tied to Greenberg Traurig who is causing Klores…. and Rosen sleepless nights.
Sara Lee kills people
EXCERPT:
• Sara Lee's biggest scandal involved the sale of listeria-tainted hot dog meat that killed 15 people and sickened more than 100 in 2001.
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