Sunday, Dec 21st
Last update09:46:34 AM GMT
Citigroup has agreed to pay $285 million to settle civil fraud charges that it misled buyers of complex mortgage investments just as the housing market was starting to collapse.
The Securities and Exchange Commission said Wednesday that the big Wall Street bank bet against the deal in 2007 and made $160 million in fees and profits. Investors lost millions. Citigroup neither admitted nor denied the SEC's allegations in the settlement.
The U.S. health care system is lagging further and further behind other industrialized countries on major measures of quality, efficiency and access to care, according to a new report from the nonprofit Commonwealth Fund, a leading health policy foundation.
That is having a profound effect on overall health in the U.S., the report found.
Like so many other diplomatic and political initiatives in the Israeli-Palestinian conflict, the recent announcement of a new prisoner release is based on the same solution that has been proposed dozens of times before - only to collapse because the time, and often Israeli political will, wasn't right.
In this case, the separate announcements made by Hamas leader Khaled Meshal and Israeli Prime Minister Binyamin Netanyahu, asserted that Hamas would release Israeli soldier Gilad Shalit, captured by Hamas in 2006, while Israel would release 1,027 Palestinian prisoners, some of whom have been in jail for decades.
Today’s Goldman Sachs earning reports provides a valuable lesson on how things really work inside Wall Street’s largest investment houses. Goldman Sachs had an awful three months, losing $428 million in the third quarter of 2011, and yet it continued to shovel billions into the bonus pool it will share with its employees at year’s end.
Through the first nine months of 2011, Goldman set aside $10 billion in its compensation fund. If Goldman’s 30,000 employees split that bounty evenly, that would work out to $333,000 per person—plus the billions more Goldman will no doubt set aside in the last few months of the year.
The pan-African trial in 6,000 children aged five to 17 months found the vaccine reduced the numbers infected with the most serious form of malaria by 56 per cent, in the 12 months after vaccination, compared to those who did not receive the jab.
It also reduced the number of severe malaria cases by 47 per cent. As little as a decade ago vaccine experts considered the challenge of tackling the mosquito-borne infection impossible.
“To kill a teenager is just unbelievable, really, and they claim that he is an al-Qaeda militant. It’s nonsense,” said Nasser al-Awlaki, a former Yemeni agriculture minister who was Anwar al-Awlaki’s father and the boy’s grandfather, speaking in a phone interview from Sanaa on Monday. “They want to justify his killing, that’s all.”
The teenager, Abdulrahman al-Awlaki, a U.S. citizen who was born in Denver in 1995, and his 17-year-old Yemeni cousin were killed in a U.S. military strike that left nine people dead in southeastern Yemen.
FINALLY!!! A Real soldier who is ACTUALLY FIGHTING FOR OUR FREEDOM!!!!
"United States Marine Corps. Sgt. Shamar Thomas from Roosevelt, NY went toe to toe with the New York Police Department. An activist in the Occupy Wall Street movement, Thomas voiced his opinions of the NYPD police brutality that had and has been plaguing the #OWS movement. Thomas is a 24-year-old Marine Veteran (2 tours in Iraq), he currently plays amateur football and is in college. Thomas comes from a long line of people who sacrifice for their country: Mother, Army Veteran (Iraq), Step father, Army, active duty (Afghanistan), Grand father, Air Force veteran (Vietnam), Great Grand Father Navy veteran (World War II)."
This guy is the exception...because troops at war DO NOT PROTECT OUR FREEDOM!
A senior pastor at a Cedar Rapids church was one of nine men arrested Friday in a prostitution sting.
Rev. Jonathan L. Offt, 41, of Cedar Rapids, the senior pastor at Trinity Lutheran Church, was the first person arrested in the operation conducted by the Marion Police Department and the Iowa Division of Criminal Investigation, police said. All of the men responded to an advertisement on a website and arranged to meet an undercover female officer who was posing as a prostitute.
Ron Paul loyalists have been vindicated. After months of observations that the mainstream media was ignoring the libertarian standard-bearer, a new study by the Pew Research Center's Project for Excellence in Journalism shows just that: the Texas Congressman, who has consistently polled in the high single digits -- Real Clear Politics's aggregate poll currently has him at 8 percent -- has received the least overall coverage of any candidate. From May 2 to October 9, Paul appeared as the "primary newsmaker in only 2% of all election stories."
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