text:
We are not safe doing business in Russia
Employees are in constant danger of being harassed, arrested and killed, writes William Browder.
By William Browder 7:21AM GMT 14 Feb 2011
Today, Sergei Lavrov, the Russian foreign minister, arrives in London to meet leading British politicians and officials in a bid to revive bilateral relations, increase business ties and attract UK investors to Russia. Doubtless, there will be a good deal of talk about modernising the Russian economy and extolling the virtues of investing in it. Reference will be made to large investments made by BP, Pepsico and other multi-nationals as evidence of the "improving investment climate".
But before anyone takes these representations at face value, they should hear my story.
For 10 years, I was the largest foreign portfolio investor in Russia, with 6,000 investors from 30 countries totalling $4.5 billion (£2.8 billion) under management. Our investment strategy in Russia was to improve rights of minority shareholders, promote good corporate governance and expose corruption.
The trouble began after my fund launched a campaign to clean up the multi-billion dollar corporate malfeasance taking place in the Russian state-owned gas monopoly Gazprom, and in Surgutneftegaz. After we named names and exposed the details of several enormous corruption schemes, the Russian foreign ministry declared that I was a "threat to national security". On November 13, 2005, I was deported and barred from re-entering the country.
My deportation was the beginning of an unimaginable nightmare. On June 4, 2007, the Russian police raided my offices in Moscow, seizing documents which were then used by Russian officials to expropriate our investment holding companies, forge billions of dollars of fake liabilities and embezzle taxes that we had paid to the Russian government the previous year. Incredibly, officials then approved – overnight – the largest fraudulent tax refund in Russian history, amounting to US$230 million. This was paid out two days later to a group of criminals working hand in hand with corrupt officials. Meanwhile, my employees and I received anonymous death threats.
So we hired a young Russian lawyer named Sergei Magnitsky to investigate. Working with lawyers and forensic investigators, he pieced together evidence of the criminal conspiracy and testified on the record against senior police officials, judges and criminals involved. Sergei was then arrested by the same police officers he had provided evidence against, locked away without bail or trial and shuffled between increasingly harsher detention centres for a year in an effort to get him to change his testimony. He was denied medical care and family visits, and tortured. After 358 days in detention, he was found dead. The Wall Street Journal described his death as a "slow assassination".
What happened to Sergei was not a one-off. Neither is what happened to me, nor to many others. Mikhail Khodorkovsky is set to spend 14 years in a Siberian jail after his former company Yukos Oil was expropriated by the Kremlin following trumped-up charges. In 2006, Shell was forced to sell 50 per cent plus one share of its lucrative Sakhalin Island project under threat of serious criminal charges. BP was hit with a £148 million tax bill as well as having 148 employees expelled from the country. Telenor, Ikea, NewsCorp, Motorola and Nestle have endured similar illegal sanctions by the Russians.
It is a fact that there is no safety for people working in Russia and no protection of property rights. Local journalists have been attacked and killed in broad daylight, human rights activists and intellectuals are silenced, opposition leaders are detained, business competitors and professionals are wrongly accused and prosecuted, and foreign whistleblowers or international journalists are deported.
In today's Russia, British citizens are not safe to invest or do business. In fact, the more successful you are, the more likely you are to be targeted by the corrupt regime. Nor does it stop at money and assets, but extends to the horror of divided families, and physical violence. Turning a blind eye to this reality is not the answer.
It is time for the British Government to look after the interests of its people in its dealings with Russia. Just as the Foreign Office routinely issues warnings against visiting countries where the life and liberty of British citizens will be threatened, it has a duty to issue "business warnings" as well. The Government should advise companies against doing business in countries that do not promote a safe investment environment or guarantee the rule of law and safety of citizens. Russia is a country in which British companies are in constant danger of having their assets expropriated and their employees harassed, arrested and killed.
There are many attractive countries for British business to invest in – but Russia is not one of them. It's time to make that clear.
William Browder is the founder of Hermitage Capital Management.
Germany's new boom: making money by making stuff
While the UK and US increasingly relied on the financial sector, Germany concentrated on manufacturing
Larry Elliott in Munich
guardian.co.uk, Monday 14 March 2011 22.00 GMT
Strolling the broad, prosperous streets of Munich, it is worth recalling the times over the past decade when Gordon Brown used to boast in his budgets about how the UK economy was leaving Germany for dead.
Now – following the most successful year for Europe's biggest economy since the euphoria that followed reunification two decades ago – that looks like the sort of prediction English football fans make ahead of each World Cup: premature, based on little more than wishful thinking – and wrong. "We will have a golden decade now," says Hans-Werner Sinn, president of Munich's Ifo Institute, one of the country's leading thinktanks. Sinn wrote a book early in the last decade, when unemployment was high and pessimism rampant, called Can Germany be Saved? His view then was that it could be. Now he says it has been.
The phrase "crisis, what crisis" also springs to mind outside the Audi plant an hour up the autobahn in Ingolstadt, where a happy band of German motorists have turned up to pick up their new cars, fresh off a one-kilometre production line churning out 2,500 vehicles a day, six days a week.
"2010 was our best ever year," says Jurgen de Graeve, Audi's head of communications. "At the beginning of last year it was clear the market was about to turn up but we didn't expect it to happen so fast."
Current trading conditions for Audi, as for the rest of German industry, have been transformed since the long, hard winter of 2008-09, when some factories slashed output by up to 90% as the financial crisis threatened a second Great Depression. Overdependent on its export sector, Germany suffered a 20% drop in manufacturing output in 2009.
But government wage subsidies meant companies could keep highly skilled workers employed part-time rather than throwing them on the dole, enabling industry to respond quickly to the pick up in global demand. There is now confidence the traumas of 2008-09 will help the country reinvent itself after a troubled period in which the economy was hobbled first by the costs of reconstruction in the former East Germany, then by the uncompetitive rate at which Germany joined the single currency, and finally by the collapse of the IT bubble in 2001.
It was then that the rumours of inexorable decline started to circulate. The list of defects was long: pampered workers; an over-generous welfare state; a too cosy relationship between companies and their bankers; the lack of a venture capital industry; too high a reliance on family-run manufacturing businesses; a population that was getting older and starting to shrink. Put together, the view was that for decades Germany had been living on past glories – the explosive growth of the Wirtschaftswunder, or economic miracle, in the 1950s and 1960s – and had allowed its economy to become sclerotic.
Now there is belief the good times are coming back, and that some of the weaknesses flagged up in the 1990s and 2000s have turned out to be strengths.
It will, however, take more than one year of powerful growth to convince sceptics – inside and outside Germany – that a second Wirtschaftswunder is guaranteed. The integration of the old communist lander is far from complete: money has moved from west to east, the people have moved in the opposite direction. Some Germans now say the old East Germany is the equivalent of a Potemkin village: the buildings have been given a makeover but the mass exodus of the young means there is no one living in them.
The skewed nature of Germany's growth is also a concern. Unemployment is falling, and in rich states such as Bavaria it is below 5%, but there are few signs yet of a classic export-led revival broadening into a pick up in wages and consumption.
Heiner Flassbeck, once adviser to Oskar Lafontaine – briefly the leftwing finance minister to Gerhard Schröder – is one who says there is no real comparison with the 1950s and 1960s, when the proceeds of growth were shared by companies and their employees.
In those days, German workers worked hard and grew prosperous, earning higher wages as the factories they worked in became more efficient. Over the past decade, there has been another productivity spurt as German companies have overcome the handicap of an over-valued exchange rate on entry into the single currency by making themselves hyper-competitive. This time, though, workers have not enjoyed the fruits of their labour. Real wages have stagnated, consumption stayed weak.
"Over the next 10-15 years there has to be an increase in wages to shift demand from the export sector to domestic demand," Flassbeck says, echoing the calls from the International Monetary Fund and the Organisation for Economic Co-operation and Development for Germany to play its part in evening out the imbalances in the global economy between those countries that run massive trade surpluses and those with chronic deficits. As the two biggest exporters in the world, China and Germany are seen as sharing a common problem: "Chermany", it is said, needs to import more.
Flassbeck says that unless Germany does so at a European level the euro cannot survive because weaker countries will face permanent austerity.
Sinn believes that falling unemployment will eventually lead to increases in wages, which in turn will boost consumer spending. There is, though, little sign of Germany's policy-makers hastening this process. They seem quite content with the combination of factors that help explain Germany's comeback.
The first is Germany's economic and political structure. Prosperity is far more widely spread across the country, with none of the excessive concentration of wealth in one region found in Britain. There is an emphasis on long-term growth rather than flipping assets, and boom-busts in the housing market are unknown.
Germany was not immune from the speculative mania, and one reason Angela Merkel is prepared to bail out the struggling economies of the eurozone is that German banks are up to their eyeballs in Greek, Spanish, Irish and Portuguese debts. But there was still an industrial bedrock. Thomas Mayer, chief economist at Deutsche Bank, agrees. "Looking back, some economies were putting too many of their resources into sectors such as real estate. Perhaps they overdid it. Germany benefits from an old-fashioned structure. What looked old fashioned was more durable. The UK has overdone it but it is not the only one. The Americans, the Irish and the Spanish all overdid it."
So, while the City boomed and Wall Street became fixated by sub-prime mortgages and collateralised debt obligations, Germany concentrated on making stuff.
This was true of the prestige international names like BMW and Siemens, but it was also true of the hundreds of thousands of lesser-known names that make up the Mittelstand. These are companies, often family run and in many cases founded a century or more ago, that provide the hidden wiring for the global economy. Germany provides the kit that other companies need to make their products, and the Mittelstand companies have become expert at dominating their corners of the market.
It is not uncommon for a German company to have a global market share of 80% in a particular piece of equipment, and despite high labour costs customers keep coming back for the guaranteed delivery times, the reliability of the products and the after-sales service.
The second explanation for Germany's renaissance is that the country finally embraced structural reform of its economy at least two decades after Margaret Thatcher and Ronald Reagan pioneered deregulation, privatisation and welfare reform in the UK and the US.
What happened, according to supporters of this theory, is that unlike Britain and America, Germany coped well with the oil shocks of the 1970s and 1980s so saw no need to change anything in the 1980s. Towards the end of that decade, and increasingly after reunification, the economy became increasingly sclerotic, but the warning signs were ignored by Helmut Kohl.
But by the early 2000s, the evidence of slow growth and high levels of unemployment was too powerful to ignore, so Gerhard Schröder introduced the Agenda 2010 reforms which cut business taxes, slashed the top rate of income tax, made pensions less generous, cut unemployment pay and allowed the shops to stay open later.
"Schröder didn't get the full credit for what he did," Mayer said. "He attacked all the sacred cows and paid the price by losing the election to Merkel. Industry embarked on a ruthless cost-cutting programme, they exploited new production techniques and IT to make their operations leaner and more profitable. Some parts of manufacturing were moved overseas but not all of it.
"It is an amazing comeback. The country seems to be a lot more dynamic."
Flassbeck has a different view. He blames the timidity of the unions on the changes introduced by the former SDP/Green coalition. "There is no pressure for higher wages because of the fear of being fired. Schröder killed the unions. That's a nice paradox."
The third explanation is that German investors had their fingers burned in the financial crisis and are now keeping their money safely at home. That has provided the capital for an investment boom that will help keep German industry hyper-competitive in the future. Sinn says this is a real change from the period 1995-2008, when Germany had one of the lowest investment rates in the west. "The crisis has meant the perception of risk has changed.
"Investors see that not all glitters is gold.
"There was a period under the euro when lots of attractive investment opportunities seemed to be in other countries. Government bonds seemed to be absolutely secure so German banks invested there. The risk perception means that German savings now don't go out of Germany."
Finally, there's China, where year after year of 9-10% growth has sucked in exports from Germany. In part this has been demand for German cars from a rapidly expanding middle class in Shanghai and Beijing, with Audi now expecting to sell more cars in China this year than it does at home.
But it is also the result of Germany's global dominance in investment goods, the products countries need when building up a manufacturing capacity. Britain talks about breaking into the Chinese market: Germany has done so.
Are there lessons in this for Britain? Yes, says Martin Zeil, deputy prime minister of Bavaria. "All the countries that have kept the nucleus of their industry are more successful." Bavaria has invested carefully in the region's science and technology base, identifying future growth sectors such as green technology and life sciences and building up clusters of excellence that act as a magnet for investment. It takes more than a clutch of world class companies to provide a solid industrial base.
And yes too says Mayer at Deutsche Bank, who spent eight years in London watching the boom-bust come to grief. "You have to realise that Gordon Brown was wrong when he praised economic stability and high growth as the result of his policies. It was an illusion.
"A large part of the world was living on the drug of credit. The UK economy is so reliant on housing. It has a high social value. Everybody is obsessed with it. In Germany almost everybody rents.
"Britain was on a 10-year high and now it is doing cold turkey. You have to wean the economy off credit and rebalance towards production and traded goods. But it takes years and years and years. In Britain there is a tendency to take the easy way out, to just go for another gin and tonic."
French competitiveness
France's lost decade
A once-great industrial power looks for inspiration across the Rhine
Feb 3rd 2011 | from the print edition
AS GERMANY powers ahead, France is feeling blue. Its share of European merchandise exports has fallen from 15.7% to 13.1% in a decade. Last month a study comparing French exporters with German ones landed on the desk of France's economy minister. It makes grim reading.
In 2000 French exports were 55% of Germany's; now they are barely 40%. France is more competitive (a measure of price, quality and demand) in only three industries: aerospace, drinks and information technology. German cars, trucks and a host of other manufactured goods are streets ahead (seearticle).
Why? Until around 2003 France was holding its own, making up in pricing what it lacked in quality. However, there was a "rupture" in competitiveness from around 2000, says the report. Germany was battered by the dotcom bust; that made France complacent. It clung to its 35-hour working week and saw the minimum wage creep up by 17% between 2002 and 2005. The social costs of labour borne by French employers are among the highest in the euro zone: €50.3 for every €100 paid to a worker, compared with €28 in Germany, according to Medef, a French employers' lobby.
France has more industrial companies than Germany, but many are little more than a man, a workshop and a dog. Fewer than a third of them spend money on research and development (R&D); nearly half of those in Germany do.
France lacks the German knack of meshing big companies with their suppliers. It has no equivalent of Germany's Fraunhofer and Max Planck research institutes, which collaborate closely with industry. Its companies have also made less use of cheap central European labour: the region supplies France with only 5.5% of its imports of base and intermediate goods, compared with 18% for Germany.
The report offers a five-point plan to put French industry back on track: enact tax reforms, collaborate more, put more emphasis on human capital, focus training and research better and drive down industrial costs. In short: copy Germany.
Failure to do so could be punished severely, the report's authors (a research outfit called COE-Rexecode) warn. They paint four scenarios. Within the euro zone France could specialise as an exporter of services, while Germany dominates industrial exports. Industry could leave France for more productive regions. Uncompetitive French firms could be kept afloat with subsidies. Or Germany could make France more competitive by raising its own wages. French firms would like this last option the best.
Some French people doubt they will achieve much by imitating Germany. France's industrial base is now so small that making it more competitive will have little effect, says Patrick Artus, chief economist at Natixis, a French bank. Euro-zone economies should specialise rather than become homogeneous, he reckons: "It makes no sense to have 17 Germanys."
Others suspect that the COE-Rexecode report is an attack by industrialists on the 35-hour week. The 35-hour limit can be got around by granting workers extra holidays or pay, but it still affects the attitude to work. "It's a culture of entitlement," says Dan Serfaty, founder of Viadeo, a social-network company, who moved half of his operation to California four months ago.
The Irish Times – Thursday, March 17, 2011
Bah humbug as Italy celebrates 150th anniversary
PADDY AGNEW in Rome
Despite the struggling economy and a leader heading to the docks, Italian pride remains.
AS ITALY last night officially set the ball rolling on the 150th anniversary celebrations of Italian unification, a telling little joke was doing the rounds. In reference to the Italian "Liberator" and unification hero, Giuseppe Garibaldi, Northern League wags observed: "It's not so much that Garibaldi united Italy, as that he divided Africa".
This is an updated version of the old (Northern) adage which would have us believe that "Africa begins below Florence". In other words, there remains a modern, industrialised, honest and efficient Italy, north of Tuscany while below the Arno, there is only backwardness, poverty and organised crime.
It would be nice to think such crude visions belong to the dustbin of history, with as much relevance to today's Italy as the horseless carriage and wax cylinder recorders. Yet, the embarrassing reality of Italy's unification celebrations is that, to some extent, they seem to be working overtime to convince us all that Italy remains anything but unified.
For a start, when the Italian cabinet discussed the celebrations a few weeks ago, there was a major difference of opinion as to whether today, March 17th, should be declared a national holiday. March 17th, 1861, of course, was the day when the deputies of the first "Italian" parliament, convened in Turin, declared Victor Emmanuel II, king of Italy. Ten days later, the parliament provocatively named Rome as the capital of the new Italy, even if at the time it remained very much the capital, not of the new kingdom, but rather of the Papal States.
At that recent cabinet meeting, two Northern League ministers voted against declaring today to be a holiday while education minister Mariastella Gelmini originally declared that schools would remain open. Even the president of Confindustria, the Confederaton of Italian Industrialists, Emma Marcegaglia, publicly suggested that the last thing that crisis-ridden Italy needed was another public holiday.
Why so much bah humbug? To a large extent, the blame lies with the federalist Northern League, the government coalition partner along with the People of Freedom (PDL) party of Prime Minister Silvio Berlusconi. For years now, the Northern League has devoted its energies to underlining the supposed ontological difference between that mythical fabrication "Padania" (northern Italy) and the south.
Lest anyone failed to get the point, Northern League leader senator Umberto Bossi underlined it during a party rally in Cabiate, near Como, 14 years ago. Noticing an Italian tricolour flag flying from the roof of a schoolhouse close to the stage on which he was speaking, Bossi said: "When I see the tricolour, I get mad. That thing, I use it to wipe my arse . . ." Those remarks earned Bossi a 16-month suspended sentence for "public insult" but they probably also earned him a lot of votes.
If the current federalist reform minister can express such sentiments, it is hardly surprising that there are those in Bossi's northern regions who took to burning a dummy Garibaldi some days ago. Hardly surprising either that the president of bi-lingual Alto Adige, Luis Burnwalder, should argue (admittedly for different reasons) that his semi-teutonic, northern region has "nothing to celebrate".
In an Italy in which automobile giant Fiat appears to be shifting its operational headquarters to Detroit, in which one of the most famous archeological heritage sites in the world, namely Pompeii, is falling apart and where industrial icon, jeweller Bulgari, has been sold off to France, are Italians about to kiss goodbye to a sense of patriotism and unity? Curiously, the answer would appear to be "no".
The enthusiasm with which the audience at the Rome opera house the other night took to its feet to sing the Slaves' Chorus from Verdi's Nabucco, a chorus often considered an anthem for Italian unification, would argue otherwise.
The enthusiasm with which Italian rugby fans stomped out the Mameli national anthem during the desperate final minutes of last Saturday's historic Six Nations win over France would also suggest otherwise.
As would the standing ovation afforded to former Oscar winner, Roberto Begnini, when he closed his gig at last month's San Remo song contest with an unaccompanied rendition of the same national anthem. (Curiously the national anthem remains a "contentious" issue as illustrated by the fact that the Northern League representatives at the Lombardy Regional Council on Tuesday chose to walk out while the anthem was being played).
As Italy struggles to deal with 30 per cent youth unemployment, with an ageing prime minister about to go to court on underage prostitution related charges and with a stagnant economy, some people seem to have rediscovered national pride. To paraphrase D'Azeglio, have Italians finally been "made"?
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subset: commoncrawl


text:
Type | Società per azioni |
Traded as | BIT: PLT |
Industry | Food processing |
Founded | 1961 |
Founder(s) | Calisto Tanzi |
Headquarters | Collecchio, Italy |
Key people | Raffaele Picella (Chairman), Enrico Bondi (CEO) |
Products | Milk and dairy products, fruit juice, tea |
Revenue | €4.361 billion (2010)[1] |
Operating income | €334.2 million (2010)[1] |
Profit | €282.0 million (2010)[1] |
Total assets | €4.644 billion (end 2010)[1] |
Total equity | €3.532 billion (end 2010)[1] |
Employees | 13,930 (end 2010)[1] |
Parent | Lactalis |
Website | www.parmalat.com |
Parmalat SpA is a multinational Italian dairy and food corporation. Having become the leading global company in the production of ultra-high-temperature (UHT) milk, the company collapsed in 2003 with a €14 billion ($20bn; £13bn) hole in its accounts in what remains Europe's biggest bankruptcy.[2] Today, Parmalat is a company with a global presence, having operations in Europe, Latin America, North America, Australia, China and South Africa. Since 2011, it is a subsidiary of French group Lactalis.
Still specializing in UHT milk and milk derivatives (varieties of yogurt, cheese, butter, ice cream, etc.), the group also has an interest in fruit juices. These products are distributed under brand names such as Lactis, Santal, Malù, and Kyr. Its worldwide operations include almost 140 production centres and more than 36,000 employees, while 5,000 Italian dairy farms are dependent on the company for the bulk of their business. Its shares are listed on the Borsa Italiana.
Early history (1961–2002)[edit]
In 1961, Calisto Tanzi, a 22-year-old college dropout, opened a small pasteurisation plant in Parma. Two decades later, the company had grown into a multinational corporation diversifying into milk, dairy, beverage, bakery, and other product lines in the 1980s, becoming listed on the Milan stock exchange in 1990, and expanding further in the 1990s. By 22 April 2002, Parmalat's share price had reached a record and the company was valued at €3.7bn, employing over 30,000 people in 30 countries. The company began to expand and had listed in its portfolio amongst other things: an expansion in the space of a decade from six countries into thirty and ownership or sponsorship of Parma A.C., S.E. Palmeiras, Brazilian Formula One racing driver Pedro Diniz, ParmaTour (a travel group) and Odeon TV.
Parmalat in Formula One[edit]
Parmalat's name was notable outside Italy in Formula One. Its name was emblazoned on the cap of Niki Lauda, which he always wore following his 1976 German Grand Prix accident. The Brabham Formula One team was sponsored by Parmalat through some of its most successful years in the late 1970s and early 1980s. Owned by Bernie Ecclestone, Nelson Piquet and the Brabham team won two World Drivers Championships while sponsored by Parmalat. It also sponsored Pedro Diniz throughout his Formula One career, and Its logo was seen on Forti, Arrows, Ligier and Sauber cars from 1995 to 2000.
Financial fraud (2002–2005)[edit]
In 1997, Parmalat jumped into the world of financial markets in a big way, financing several international acquisitions, especially in the Western Hemisphere, with debt. But by 2001, many of the new divisions were producing losses, and the company financing shifted largely to the use of derivatives, apparently at least in part with the intention of hiding the extent of its losses and debt. In February 2003, chief financial officer Fausto Tonna unexpectedly announced a new €500 million bond issue. This came as a surprise both to the markets and to the CEO, Calisto Tanzi. Tanzi forced Tonna to resign and replaced him with Alberto Ferraris. According to an interview he later gave Time magazine, Ferraris was surprised to discover that, though now CFO, he still did not have access to some of the corporate books, which were being handled by chief accounting officer Luciano Del Soldato. He began making some inquiries and began to suspect that the company's total debt was more than double that on the balance sheet[citation needed].
The plan for a €300M fundraising effort was dropped in September 2003 and the company's shares depreciated significantly as a result of the publicised concerns raised over transactions with mutual fund Epicurum, another Cayman-based company linked to Parmalat by November. Ferraris resigned less than a week after the public fall-out and was replaced by Del Soldato. Del Soldato resigned the next month, unable to get cash from Epicurum fund, needed to pay debts and make bond payments totalling at least €150M. Enrico Bondi was called in to help the company as it went into administration, while Tanzi himself resigned as chairman and CEO. Bonlat was a subsidiary of Parmalat set up in the Cayman Islands. Bonlat's bank, Bank of America, then released a document showing €3.95 billion in Parmalat's bank account as a forgery. Prime Minister Silvio Berlusconi initiated a fraud investigation and appointed Bondi to administer the company's rescue. Hundreds of thousands of investors lost their money and would never recover it. The company officially went bankrupt, though the Italian government used the legal mean "commissariamento" to save the trademark[citation needed].
Calisto Tanzi, once a symbol of unlimited success, was detained hours after the firm was declared officially insolvent in late December and admitted that there was a hole of €8bn in Parmalat's accounts, but denied any cover-up. The arrest of five further executives of the company followed. The auditors of the administration eventually determined that the debts amounted to €14.3bn, which was almost eight times the sum originally stated. Several of the company's subsidiaries subsequently went insolvent, including its Brazilian and American operations and its football club in Parma, before Parmalat sued several multi-national banks for huge sums of money[citation needed].
Tanzi was eventually charged with financial fraud and money laundering. Italians were shocked that such a vast and established empire could crumble so quickly. Among the questionable accounting practices used by Parmalat: it sold itself credit-linked notes, in effect placing a bet on its own credit worthiness in order to conjure up an asset out of thin air. After his arrest, Tanzi reportedly admitted during questioning at Milan's San Vittore prison, that he diverted funds from Parmalat into Parmatour and elsewhere. The family football and tourism enterprises were financial disasters; as well as Tanzi's attempt to rival Berlusconi by buying Odeon TV, only to sell it at a loss of about €45 million. Tanzi was sentenced to 10 years in prison for fraud relating to the collapse of the dairy group. The other seven defendants, including executives and bankers, were acquitted. Another eight defendants settled out of court in September 2008.[2] In September 2009, three lawsuits by Parmalat Capital Finance Ltd. and Enrico Bondi, CEO of Parmalat, against Bank of America and auditors Grant Thornton, were dismissed.[3]
Parmalat in the world (now)[edit]
See also[edit]
- ^ a b c d e f "Annual Report 2010". Parmalat. Retrieved 3 May 2011.
- ^ a b Italian dairy boss gets 10 years
- ^ "Bloomberg's Morning Report on Trials and Other Litigation News". 21 September 2009. Retrieved 2009-11-16.
External links[edit]
- Official website
- BBC "Parmalat in Bankruptcy Protection" 24 December 2003
- Parmalat dream goes sour; The Observer; 4 January 2004
- How It All Went So Sour – The inside story of Parmalat; Time Magazine; 23 November 2004.
- There is Something about Parmalat (On Directors and Gatekeepers); Simone di Castri and Francesco Benedetto on ssrn.com.


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Leopolda B&B occupies a 19th-century building, just 10 minutes walk from the railway station of Pisa Centrale. It offers en suite rooms and free Wi-Fi. Leopolda B&B guest rooms are functional and equipped with air conditioning, TV and minibar. The bathrooms include a shower and Bath set. The famous Tower of Pisa can be reached on foot in just 15 minutes, while we are just a 10 minutes walk from the main shopping street of Pisa, Italy. Nearby you will find restaurants, bars and supermarkets. Galileo Galilei airport is located less than 2 miles from Leopolda B&B. The Manager can arrange transport to and from the airport if needed.
Airport, City, Downtown, Small town
Historical interests, Live Music, Museum, National/State parks, Performing Theater, River
Alarm clock, Board games, Computer, Copier, Fax Machine, Library, Radio, Telephone
Air conditioning, In-room internet, Desk, Fridge, Hairdryer, Internet Service, Satellite/Cable TV, TV, Wi-Fi
Cesar Tremola
English, Italian, Spanish
BedandBreakfast.com Diamond Collection


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Read more KL Trip: Suria KLCC & Aquaria Jun 7, 2013 by Apple It was quite tiring after the early flight to KL on the first... Read more
Read more Day 3 Food: KL Trip Apr 21, 2013 by Apple During the third day, we traveled to Petaling Jaya (PJ) to meet... Read more
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Read more Music: Cello Wars (Star Wars Parody) Dec 5, 2011 by Apple I am yet a Star Wars fan. Because he loves Star Wars so much, I... Read more
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text:
West Ham hoping for fast recovery for Kevin Nolan from a broken toe
Updated: Thursday, 28 Feb 2013 16:26 | Comments
West Ham are confident intensive treatment will ensure a swift return to action for Kevin Nolan after it was confirmed the captain has suffered a broken toe.
The 30-year-old midfielder exacerbated a foot injury in Monday's 3-2 Barclays Premier League loss to Tottenham and will miss Saturday's match at Stoke.
But with over two weeks before the next match at Chelsea on March 17, Press Association Sport understands the Hammers skipper will be subject to rigorous treatment to ensure a speedy return.
West Ham were due to face Manchester United on March 9, but United are in the FA Cup quarter-finals that weekend.
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Today (18th June), a long item was posted on the BBC news web-site titled 'Shortages: Fish on the slide'.
'… In the first of a series of five essays on declining global resources, the BBC's Environment Analyst Roger Harrabin looks at the depletion of fish stocks.
The sea exemplifies the world's on-going failure to govern shared natural resources.
There's widespread agreement among nations on the need to conserve fish stocks but often disagreement on the details of how to do it.
And the need for unanimity in the UN process consistently allows a handful of countries to put the short-term interests of fishing crews before the fish stocks themselves.
It all means that globally about 85% of stocks are said to be fully exploited, over-exploited, depleted or slowly recovering.
Through the lens of history the depletion of fisheries looks even worse.
Using data from 1889, researchers assessed catches of bottom-feeding fish like cod, plaice and sole in England and Wales.
They calculated that over 118 years of industrial fishing, the productivity of this fishery dropped by 94%. Not to 94% but by 94%.
Anyone with a snorkel and mask – and a tolerance to cold water – can attest that much of the sea bed resembles a desert.
The year of Peak Ocean Fish was 1996. Crews hauled in 87.7 million tonnes of wriggling protein.
The total sea catch has since fallen to about 80 million tonnes and stabilised.
Tuna, the world's favourite, has declined in the Atlantic since 1993.
Catches of cod in the North-East Atlantic have been tumbling since the late 1960s.
The total catch is being deceptively bolstered by unloved species like blue whiting and sandeels.
Meanwhile fishermen are hunting farther from home for new favourites, using methods like bottom trawling where the ocean floor is scraped clean of life, and long-lining where hooks strung off lines often haul in by-catch that beggars comprehension.
Take the longline fishery for mahi mahi in Costa Rica. Its collateral damage over a decade included 402 silky sharks, 625 stingrays and 1348 olive ridley turtles.
Turtles of course eat jellyfish, an increasing scourge of the seas.
In some areas nine out of ten large sharks have been killed. Callum Roberts, author of the excellent "Ocean of Life", says we're tugging blindly at the web of life in the sea.
Big sharks eat cownose rays and, without their predators, the rays in US waters have been free to gorge on the scallops that adorn the tables of top restaurants.
Fishermen are now muscling into the icy waters of the Southern Ocean in an increasingly desperate search for new stocks to feed a world population that's growing and getting richer.
And our impact on fish stocks isn't just through nets and lines …
Many of the world's great rivers carry so much nutrient run-off from farms that the seas by the river mouths are virtually biologically dead.
The coral reefs and mangroves which serve as nurseries for fish in the tropics are being eroded by development, pollution and silt.
Predator fish accumulate man-made chemicals in their bodies passed up through the food chain – polychlorinated biphenyls, flame retardants, endocrine disrupters.
Fish distribution is being changed as the ocean warms with human-induced climate change.
And the CO2 emissions that warm the planet are also dissolving into the ocean and making it less alkaline – acid ocean syndrome. The change is chemically minuscule but historically huge.
There's much uncertainty how sealife will react but some scientists forecast that coral reefs in their current form won't survive. Studies suggest that pteropods – tiny swimming snails – will be badly hit because they need alkaline water to make their shells …
But the picture is not totally bleak. The first Rio Earth Summit in 1992 called for nations to find ways to conserve fish stocks and prevent international conflicts over fishing on the high seas …'
Read the item in full and view images and graphics at www.bbc.co.uk/news/science-environment-18353964
[Vegans say abandon the exploitation, abuse and slaughter of all animals, including marine animals (sea fish and shellfish), and abandon the production and consumption of all animal products.]


text:
Vita Sacra Est
The ethos of I-CARE is based on the Gandhian philosphy of 'AHIMSA' or non violence.The Great Mahatma said "I abhor vivisection with my whole soul. All the scientific discoveries stained with innocent blood I count as of no consequence".
The objectives of I-CARE are:
to proactively advocate, propagate and facilitate the use of alternatives to the use of animals in basic biomedical research, regulatory testing and education;
to work to mitigate any form of pain, neglect and suffering of laboratory animals, by way of recourse to law, direct intervention, rehabilitation and/or any other form of assistance;
to network with institutes/rehabilitation centers worldwide that invest time and effort in the care of rehabilitated laboratory animals;
to teach, train and encourage the use/development of alternatives in education and research - tools and techniques, models, mannekins, cell/tissue culture methods and the establishment of human tissue banks.
The I-CARE website is in English only. For other languages only this brief presentations are available.


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Eurotech Introduces Catalyst Module XL, a Compact, Rugged Embedded Computer Based on Intel® Atom Processor Z5xx Series Platform
Eurotech's Catalyst Module XL Uses Latest Version of the Intel® Atom&trade Processor for Applications Running at Extended Temperatures Using Less Than 3W Power
Nuremberg (Germany), March 3, 2009
- Eurotech, a leading Group for Embedded Products and Technologies, today announces the launch of the Catalyst Module XL, a compact Computer on Module for rugged applications.
Based on the new Intel® Atom processor Z5xx series platform, the Catalyst Module XL operates at extended temperatures and retains plug-in compatibility with the original Catalyst Module.
The Eurotech Catalyst Module XL has very compact 67x100mm form factor and unveils the full feature set of the Intel® Atom platform.
Distinctive features of Eurotech's Catalyst Module XL include:
Low power design: less than 3W in typical applications thanks to the Eurotech microcontroller-based power management system
Rugged for temperature: suitable for extended temperature range
Rugged for vibration: memory subsystem with chips soldered on board for higher reliability
Expandable: 2GB memory configurations available
Flexibility: BIOS and embedded controller can be customized to manage system functions and minimize power consumption
Robust EMI design: Low emissions for minimal electromagnetic interference and radio frequency interference
Compatibility: drop-in replacement for the original, standard temperature range Catalyst Module
"Eurotech's engineering team was able to deliver the same form factor in the Catalyst Module XL as it is in the popular Catalyst Module, even though the processor package is larger," explains Greg Nicoloso, CEO of Eurotech USA "For OEMs whose applications have to run flawlessly at extreme temperatures, Eurotech has the optimal solution with the Catalyst Module XL."
"Intel has extended our Intel Atom processor Z5xx series platform to offer an industrial temperature range of minus 40 to 85 C, and a larger footprint version with 1.0 mm ball pitch," said Jonathan Luse, director of marketing, Low Power Embedded Products Division, Intel. "This allows companies that design application-ready embedded computer systems, such as Eurotech, to bring the technology of the Intel Atom processor to market in embedded systems with the power efficiency, form factor, and feature sets to meet the demands of diverse market segments that need to deploy their products in unconstrained thermal environments."
The Eurotech Catalyst Module XL and ISIS XL demonstrations are operating in the Eurotech booth (#12-116) and the Intel booth (#9-357) at the Embedded World 2009 exhibition in Nuremberg, Germany.
The Catalyst Module XL will be available in the second quarter of 2009.
About Eurotech
Eurotech is a global leader in the design, development and production of application-ready embedded computer systems. Eurotech architects systems that help companies bring their products to market quickly through the latest technologies with advanced graphics capabilities, low-power consumption, and robust functionality. Eurotech specializes in helping customers connect their applications to the latest available wireless, mobile and enabling technologies. For more information, please visit the Eurotech website at http://www.eurotech.com.
Intel and Intel Atom are trademarks of Intel Corporation in the U.S. and other countries.
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Astell&Kern AKR01 Balanced Armature In-Ear Monitors
The Astell&Kern AKR01 In-Ear Monitors are developed in collaboration with Final Audio Design and specifically tuned for the Astell&Kern AK100 & AK120 Mastering Quality Sound Portable System. The AKR01 is based on Final Audio Design's Heaven IV In-Ear Monitors. Enjoy a balanced & natural sound that reduces unwanted sibilant high-frequency sounds from the BAM (Balancing Air...
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Hotel Area: City Center / Stroget
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Sunayana wandered into journalism by accident. Reported for Newstrack and loved it. Later made documentaries and worked on short films. Gave birth to two kids and is raising them. Consulted for children's TV channel POGO for 5 years. Had too much of kids screaming, yelling and fighting in life so decided to move into a quieter, more mature zone – TV News critique. Don't snigger.
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Bizarre Media Moment of the Week#15
Holidaying in Goa can be dangerous. If a tsunami doesn't get you, the newspapers might! A quick look at the headlines had me scrambling for the phone, livid that this filicide had occurred behind my back and I had no clue! TheHerald decided to transport readers to a parallel universe, where Musharaff gets bumped off by his mother. And then attributed the statement to the bright-eyed and bushy-tailed Bilawal! Couldn't get more bizarre than this.


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Read what other Viator.com travelers think about the Traditional Khantoke Dinner and Show from Chiang Mai. What they loved, what they liked and what they think could be improved, it's all here to help you make the most of your next trip.
Click here for tour details, schedule and pricing
Nice traditional dance show with good food. We had nice time...
I was actually traveling solo so the food turned out to be a feast for one person. The food was scrumptious and the two shows were simply icing on the cake! From pick up to drop off, the service was professional and this experience added to the great memories of Chiang Mai.
Fiona F
United Kingdom
Excellent evening; a chance to sample local foods in a traditional Thai setting - we were front row of the floor seated area. Local dancing was interesting and costumes beautiful. It was interesting to see the hilltribe traditional dancing and crafts. A well organised evening.
Andrew F
Great food, terrific night well worth doing as an introduction to the culture for a new visitor
Ida Pratignjo L
Value for money. The food is delicious, the dance show & the cultural show is included as well.
I've been generous for voting 4* to this event. The food was great and the show was entertaining. But little accident happened when we were coincidental wrongly picked up by wrong driver to wrong restaurant. We've been denied by the restaurant, they said your names not include in the guest list. What a surprised. Call for viator to clarified but little bit slow response because it as after office hour.Finally viator agreed to bring us directly to the right restaurant with extra fee. What??? After clarify the issue, the driver drove us safely to he right restaurant.
Well a bit late attending the dinner. But overall, it worthed to try.
Food was great, and the show was quite varied. Overall very good.
Excellent dinner and show, the only let down was we had to get our hotel to make a phone call as we did not get picked up at the specified time. We had received the confirmation fax.
Interessanter Abend, durchaus empfehlenswert. Zuverlässige Abholung im Hotel durch Fahrer. Abwechslungsreiche, bunte Tanzdarbietungen mit schönen Köstumen.
I would do this again. This is very affordable and a fun way to see some of the hill tribe clothing and dancing
This was a great night out, the meal was lovely and the entertainment enjoyable. Great for the whole family, highly recommend.
Megan, Australia
We really enjoyed this dinner and show a great time was had by all.
Good food - Dancing was interesting to see. I would recommend this for one night in Chiang Mai!
Good food, interesting show. Thanks!
It was a fascinating evening, and the food was very good.


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All-Stars set for Texas League showdown 06/30/2009 10:00 AM ETBy Josh Jackson / Special to MLB.com
The South Division All-Stars can look at the Texas League leaderboard and feel pretty good about their chances at Dr. Pepper Ballpark in Frisco on July 1. Heading the South's starting lineup will be Corpus Christi's Drew Locke, who leads the league far and away with 71 RBIs. Midland's Chris Carter and San Antonio's Craig Cooper are his closest competition, each with less than 60. They also are on the South Division roster, but will not be in the starting lineup. Carter also leads the league in runs scored with 63. Joining Locke in the starting lineup will be Midland's Adrian Cardenas, whose batting average ranks second in the league among active Texas League players, and San Antonio's Craig Cooper, who falls right behind Cardenas with a .339 mark. Corpus Christi's Collin DeLome, who tops the league with 14 home runs, will also provide the South with some pop off the bench. He's second in runs scored (54) and DeLome's five triples trail only Arkansas' Peter Bourjos, who will play for the North Division. The North Division are hardly slouches at the plate, but they dominate the league on a whole other crucial level -- pitching. Their staff is comprised of league wins leader Trey Hearne (eight), saves leader Andrew Johnston (22) and the top two strikeout kings in Jhoulys Chacin (76) and Esmil Rogers (75). The North staff won't be starved for run support, though. Two Northwest Arkansas Naturals players figure to contribute at the plate as Corey Smith (13 home runs, 49 RBIs) will start at third base and Jordan Parraz, who leads the league in batting average (.358) and on-base percentage (.451), will start in the outfield. Springfield's Daniel Decalso, who is near the top of the circuit in average (.329), hits (92), extra-base hits (38), doubles (26) and slugging percentage (.532) could be a real game-changer as the North's starting second baseman. And the South has an ace not-so-secret weapon as well. San Antonio hurler Ernesto Frieri is in the league's top 10 in ERA (3.46), wins (seven) and strikeouts (65). Wednesday's All-Star festivities begin with the 2009 home run derby at 6:45 p.m. ET, with the North's Smith, Mark Trumbo and Steven Hill taking part along with the South's DeLome, Carter and Cooper. First pitch is set for 8 p.m ET and fireworks are planned for after the game.
This story was not subject to the approval of the National Association of Professional Baseball Leagues or its clubs. |


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Shinobido 2: Revenge of Zen (PS Vita)
Manufacturer: Namco Part number: 16002
$29.99 - $59.95 at 2 online stores
- CNET Editor rating: 1.5 stars Poor
- Average user rating: 0 stars No reviews, write one!
- More product information:
- Editors' review
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- Description:
- Shinobido 2: Revenge of Zen is the sequel to Shinobido: Way of the Ninja, featuring the series' trademark stealth action gameplay with the addition of stylish assassin moves and a dynamic storyline. Developed by Acquire, the story is set six months after the events of the previous opus, with the Utakata region once again at the center of the storm ... Read more
Where to buy
store | customer rating | inventory | tax & shipping | price |
| In stock Get free shipping on orders over $35.00 | Enter zip code to get total price: Price +Tax +Shipping =Total price | as of 12/10/2013 | |
Best Buy | | See Site | as of 12/10/2013 |
*Total price for the Shinobido 2: Revenge of Zen (PS Vita) are estimated and may vary slightly based on exact tax, shipping, manufacturer rebate or any sale/promotion on the merchant site.


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Sebastien Loeb leads Mikko Hirvonen by four seconds after the first loop of stages in Sweden, with Dani Sordo a close third.
Reigning champion Loeb started the morning with a pair of stage wins, allowing him to move past his Citroen teammate Sordo – who had won last night's superspecial – to take the rally lead.
But Hirvonen (Ford) was then quickest on Torntorp, trimming Loeb's advantage back to 4.1sec.
"I was not so confident, I don't know why," Loeb admitted at the stage end. "I did not have a perfect drive."
Hirvonen was pleased to be within range of Loeb at the end of the loop. "I'm catching a little bit so it's going in the right direction," said the Finn. "I've changed the car a bit – not a big thing, but it's all about the small things now. It's not too bad, we're not far behind so we can still fight back."
Sordo hung on close behind Loeb in second until he, too, lost a few seconds on Torntorp and fell to third.
"At the start the car was moving a lot at the rear and I couldn't get a good feeling," he said. "At the end it was better and better, but the car was very nervous."
Jari-Matti Latvala is fourth in the second Ford, but is already 18sec off the lead. "The rhythm is just difficult to find," he said. "I'm braking too early sometimes and I'm not brave enough in some corners. I'm not 100 percent happy with myself at the moment. It's not far away, but we can't lose more than this. We need to be at the same level as the other cars."
Citroen Junior's Sebastien Ogier holds fifth, 8.1sec ahead of Marcus Gronholm in the Stobart Ford, with the former world champion still trying to settle in on his return.
"It feels like it's not my car," Gronholm said. "It's easy to get it right and I know how to go in these corners, but I can't really find it now. We need to do something, but for the moment I don't really know what. I need to find more confidence."
After accidents in recent events, Mads Ostberg (Adapta Subaru) made a cautious start, but then picked up his pace on SS4 and jumped past both Solberg brothers into seventh place.
Petter Solberg's spin on last night's superspecial left him 44th overnight, and he admitted the mistake was still playing on his mind this morning. He has gotten back up to ninth, but remains unhappy with his performance.
"I'm a little bit stressed from yesterday," said Solberg after SS4. "I've lost a lot of time on this stage. I'm trying. I'll keep on pushing and see where we can go."
Kimi Raikkonen suffered an early delay when Ford's Khalid Al Qassimi rejoined right in front of him following an excursion on SS2. The Finn was stuck in Al Qassimi's snow spray for the rest of the stage, and is currently 11th, just over two minutes behind Loeb.
In the new S2000 contest, Skoda driver P-G Andersson has already established a lead of half a minute over Janne Tuohino's Ford. Patrik Flodin leads the now-separate Production class by 18sec ahead of Anders Grondal.
Pos Driver Car Time/Gap 1. Sebastien Loeb Citroen 33m53.2s 2. Mikko Hirvonen Ford + 4.1s 3. Dani Sordo Citroen + 6.0s 4. Jari-Matti Latvala Ford + 18.0s 5. Sebastien Ogier Citroen + 34.4s 6. Marcus Gronholm Ford + 42.5s 7. Mads Ostberg Subaru + 54.6s 8. Henning Solberg Ford + 58.1s 9. Petter Solberg Citroen + 58.6s 10. Matthew Wilson Ford + 1m39.7s
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Buddy Clark
Buddy Clark
Here's to Romance
Original Release Date: February 22, 2005
Track Listing
1. Peg O' My Heart
2. Stars Fell on Alabama
3. I'm Livin' in a Great Big Way
4. She Shall Have Music
5. Take My Heart
6. May I Have the Next Romance with You?
7. A Sailboat in the Moonlight
8. South America, Take It Away
9. How Are Things in Glocca Morra?
10. Linda
11. When I Write My Song (Mon Cowur S'Ouvre � Ta Voix)
12. I'll Dance at Your Wedding
13. Those Things Money Can't Buy
14. You Are Never Away
15. You're Too Dangerous, Cherie (La Vie en Rose)
16. Serenade (Music Played on a Heart String) (Dillo Tu Serenata)
17. Ballerina
18. Confess
19. Love Somebody
20. My Darling, My Darling
21. Powder Your Face with Sunshine
22. I Love You So Much It Hurts
23. Baby, It's Cold Outside
24. You're Breaking My Heart (Mattinata)
25. A Dreamer's Holiday
26. Now Is the Hour (Maerere Ra Maori Farewell Song)
Ruggero Leoncavallo: Composer
Floyd Tillman: Composer
Doris Day: Vocals
Dinah Shore: Vocals
Benny Goodman: Clarinet
Johnny Hodges: Sax (Alto), Sax (Soprano)
Cootie Williams: Trumpet
Jimmy McHugh: Composer
dith Piaf: Composer
Richard Rodgers: Composer
Harold Rome: Composer
Sonny Greer: Drums
Frank Loesser: Composer
Fred E. Ahlert: Composer
Hayes Alvis: Double Bass
Bennie Benjamin: Composer
Barney Bigard: Clarinet
Harry Carney: Sax (Baritone)
Kim Gannon: Composer
Anita Gordon: Vocals
Mack Gordon: Composer
Fred Guy: Guitar
John Hadden: Audio Restoration, Remastering
Oscar Hammerstein II: Composer
John Jacob: Composer
Burton Lane: Composer
Jack Lawrence: Composer
Herbert Magidson: Composer
Mitchell Parish: Composer
Bob Russell: Composer
Carl Sigman: Composer
George David Weiss: Composer
Carmen Lombardo: Composer
David Lennick: Compilation, Transfers, Compilation Producer
Otto Hardwick: Sax (Alto)
Ray Crick: Compilation Producer
Joe Young: Composer
Buddy Clark: Vocals
Al Hoffman: Composer
Harry Revel: Composer
Fred Fisher: Composer
Frank Perkins: Composer
Joan Whitney: Composer
Mack David: Composer
Maurice Sigler: Composer
Alfred Bryan: Composer
Mabel Wayne: Composer
Alex Kramer: Composer
Al Goodhart: Composer
Ruth Poll: Composer


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For our "Sound Off" segment on "Live at 3" on Today's TMJ 4, we discussed how you're reacting to what's been going on with the stock market this week. During the "What's Hot" segments, we discussed whether Wisconsin needs to toughen its seat belt laws and whether men and women can ever really just be friends?
If you missed the show, you can watch the replays by clicking on the respective links.
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Posted: 8:18 a.m. Friday, March 1, 2013
By Donna Donna
Doomsday is here! Or as the government calls it, Sequestration. Rhymes with castration.
85 Billion dollars in automatic, across the board, government budget cuts.
Confused about how this happened or what it all means?
Well as usual, Stephen Colbert explains it all in a way that us ordinary Americans can understand. And he offers a solution that involves suspending hungry ebola monkeys over congress!
What's your solution for "motivating" congress to act? Tell us on Facebook!
Hi, I'm Donna Donna. I was just a kid when the British invasion blew my mind! I was a flower lovin' hippie.
Connect with Donna Donna on:TwitterFacebook
Send Donna Donna an email.
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Top Companies in Orange, CA
Glassdoor brings you an inside look at the top rated companies in Orange based upon employee reviews.
Insight Global
www.insightglobal.net HQ: Atlanta, GA
An Insight Global Help Desk Technician said:
"Insight Global--Outstanding Employer"
"Outstanding experience. They were accurate in every aspect of our business dealings. Zero problems, 100% on time with pay and placement. The first time I worked for them, bingo! Working at UCI…"
865 Reviews
WalkWater Technologies
www.e-walkwater.com HQ: San Jose, CA
A WalkWater Technologies Oracle Functional Consultant said:
"Current Employee"
"Great training, fantastic environment, sales team was awesome, we got good guidance when we were interviewing for jobs, the training included several tests which helped us gear up for the job, salary…"
59 Reviews
CVS Caremark
www.cvscaremark.com HQ: Woonsocket, RI NYSE: CVS
Our Company CVS Caremark is a pharmacy innovation company that is reinventing pharmacy for better health. We are continuously developing new ways to improve access for patients, promote better health… – Full Overview
A CVS Caremark Beauty Advisor Manager said:
"Pharmacy Store Clerk"
"The upper management peer counseling, company teachings on customer service are excellent real world work experiences to learn & use."
1,915 Reviews
www.nordstrom.com HQ: Seattle, WA NYSE: JWN
Here at Nordstrom, our people and their enthusiasm for service make all the difference. We're family. Nordstrom began as a family business and while we're now publicly traded, the Nordstrom… – Full Overview
A Nordstrom employee said:
"Great learning experience for anyone looking to work in the Fashion Industry."
"There are plenty of ways in order to increase your earnings, in a way, you are your own boss. Opportunities for advancement are everywhere. You are introduced to a wide variety of brands which is…"
1,843 Reviews
www.hertz.com HQ: Park Ridge, NJ NYSE: HTZ
Who We Are In September of 1918, the pioneer of auto renting, Walter L. Jacobs, at the age of 22, opened a car-rental operation in Chicago. Starting with a dozen Model T Fords, which he repaired and… – Full Overview
An Hertz Operations Manager said:
"Plenty of advancement opportunity in all levels of management"
"Ample advancement opportunity throughout division.
Fast track management program for those with positive attitude and energy.
Compensation very competitive starting at management level, including…"
1,086 Reviews
Travelers Companies
www.travelers.com HQ: Hartford, CT NYSE: TRV
A Travelers Companies Claims Adjuster said:
"Positive place to work, best in industry pay and benefits."
"Travelers has a positive work environment with a lot of energy. There are frequent opportunities to be recognized for doing a good job. While some recognition may seem "rah rah", over time it extends…"
497 Reviews
www.bordersgroupinc.com HQ: Ann Arbor, MI NYSE: BGP
A Borders Seller said:
"Wonderful place for art, literature, film, & music nerds"
"A great place to keep up with all of the newest books, music, and movies. Very laid-back atmosphere, great coffee, good music (when employees are allowed to choose), and overall a very eccentric and…"
398 Reviews
www.alliedbarton.com HQ: Conshohocken, PA
An AlliedBarton Recruiter Assistant said:
"Happy to work here"
"Great staff
Friendly people
Professional Environment
Fun job"
283 Reviews
www.hyatt.com HQ: Chicago, IL NYSE: H
We are a global hospitality company with widely recognized, industry leading brands and a tradition of innovation developed over our more than fifty-year history. Our mission is to provide authentic… – Full Overview
An Hyatt Front Office Manager said:
"Great and rewarding place to work"
"Hyatt is a great employer, great benefits = free nights at Hyatt's everywhere! If you want to move up fast this is a company to do it with."
272 Reviews
Sanofi-Aventis U.S
www.sanofi-aventis.us HQ: Bridgewater, NJ
A Sanofi-Aventis U.S Sales Representative said:
"Great company"
"Great products, great company, great company."
148 Reviews


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Wyoming: ENNR09-00158-Natural Resources Analyst
Dec 8, 2013
State of Wyoming A&I Human Resources Division, The State of Wyoming has issued the following job opportunities:Job #: 00158 Job Title: ENNR09-00158-Natural Resources Analyst Opening Date/Time: Mon. 11/25/13 11:00 PM Mountain Time Closing D...
G-B's sole water testing lab critical to what lies ahead
Dec 8, 2013
GILGIT, Dec. 9 -- The Water Quality Testing Laboratory set up recently in Gilgit-Baltistan's (G-B) Karakoram International University (KIU) is specifically designed to enable experts to examine water samples from far-flung valleys for contaminatio...
Washington: Water Trust Fund Bill Makes Splash in House
Dec 8, 2013
Associated Equipment Distributors has issued the following news release: On Nov. 21, Rep. Earl Blumenauer (D-Ore.) introduced bipartisan legislation in the U.S. House of Representatives that would create a water infrastructure trust fund to help ...
Nova Scotia county gets $3 M for water, road infrastructure upgrades; Towns get $3 M in infrastructure funding
Dec 8, 2013
PICTOU, N.S. - The Nova Scotia and federal governments will spend $2.75 million on three infrastructure projects in the province's Pictou County.The provincial government says upgrades will be made to Pictou's water utilities and about 565 metres ...
Dec 8, 2013
INNETONKA, Minn., Dec. 5 -- The city of Minnetonka issued the following news release:In December, the Minnetonka City Council will consider an increase to utility rates, including water, sewer, storm water and recycling fees, to ensure systems and...
Hagan Statement on Camp Lejeune Water Contamination Study
Dec 7, 2013
The office of Sen. Kay Hagan, D-N.C., issued the following news release:U.S. Senator Kay Hagan released the following statement after the Agency for Toxic Substances and Disease Registry (ATSDR) released a study on birth defects and childhood canc...
EPA, Army Corps Report Shows Economic Benefits of Fixing Clean Water Act
Dec 7, 2013
Environment America issued the following news release:A study conducted by the Obama administration shows that protecting our waterways has massive economic benefits in addition to the known environmental benefits. The economic analysis was author...
Scalada Holdings' EIS Provides Economically Sustainable Solution
Dec 7, 2013
Singapore, Singapore, December 06, 2013 --(PR.com)-- Scalada Holdings, Ltd., the Singapore based environmental solutions group and its wholly owned Nevada based subsidiary, Titan Holdings, Inc. have reported an increased cost efficiency when cont...
DOH acts as tainted water causes diarrhea, afflicting 98 in Tacloban.; ProvincialSB Diarrhea
Dec 7, 2013
Tacloban City The Department of Health (DOH) has deployed more health teams this week to further check the water systems in Leyte after acute watery diarrhea afflicted 98 typhoon survivors.
Abilene company develops oilfield wastewater cleaning system
Dec 7, 2013
Most everyone in the oil and gas world of West Texas knows that water is a prime commodity when it comes to operating a hydraulic fracturing, commonly known as fracking, operation. |


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Via Larry Brown Sports:
The Sprite Slam Dunk Contest during NBA All-Star Weekend is said to be determined by a fan vote, but the sequence of events following the competition indicated that might not be the case.
Fans were given 60 seconds to text, tweet, or log onto NBA.com to cast a vote in favor of finalists Jeremy Evans or Terrence Ross. What's strange is that event host/MC Nick Cannon was handed an envelope believed to contain the results of the fan vote with about 10 seconds left in the fan vote.
When Cannon announced the winner of the competition, he opened the Sprite envelope and announced that Ross received 58 percent of the vote.
It seems like either:
a) The fan vote is phony
b) They tallied final votes before the polls were supposed ot end
c) Cannon opened the Sprite envelope for effect, but really had the results told to him in his ear piece by a producer or some member of the production staff/crew.
If I'm the NBA, I'm saying C happened. Of course this wouldn't be the first time the NBA had an envelope scandal on its hands.
Is Nick Cannon wearing winged shoes at the 2013 NBA Celebrity game? Yes, yes he is
Kevin Hart Wins Celebrity All-Star Game MVP, Celebrates Hysterically (Video)
Raiders release Matt Flynn
Thad Lewis to start at QB for Bills on Sunday vs. Bengals
Floyd Mayweather teaching the Heat how to stay champs
Peter Laviolette out as Flyers coach
Josh Freeman signs with Vikings
Video: Dario Franchitti breaks back in frightening crash
McCoy rips Moreno on Twitter
Washington coach accuses Stanford of faking injuries
Vick leaves with apparent hamstring injury
Report: Gov't shutdown holding up Whitner's name change
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My Big Fat Greek Wedding is hilarious! BestBuy has the DVD for the pre-order (before 02/09/03) price of $17.99 with free shipping on everything. And if the price drops during the week of release (02/11/03), as if often does, you will still get the lower price.
The fine print: Offer available in DVD format only. Qualifying purchase transaction must be made online by 11:59 p.m. (CT) 2/8/03. Coupon will be sent via e-mail on or about 2/14/03. Coupon will expire after total amount is redeemed or by 11:59 p.m. (CT) 3/1/03, whichever comes first. Limit: one digital coupon per person.
My Big Fat Greek Wedding @ BB
Other DVD pre-orders with digital coupons, free shipping and similar fine print:
Sweet Home Alabama $17.99 ($5 coupon)
Army of Darkness $19.99 ($10 coupon)
The Man Who Fell to Earth $19.99 ($5 coupon)
One Hour Photo $19.99 ($5 coupon)


text: Operational mesoscale models: 1) RUC 2) NAM 3) MM5 Advantages: *Can see model output between the 12Z and 00Z time frames *Can catch smaller scale processes *Use the same techniques in forecasting as with the synoptic scale forecast strategy. Must know and have reviewed synoptic scale environment before performing mesoscale analysis. Hourly Weather data, surface maps: *Surface maps are available every hour and as often as multi-hourly on some websites (METAR) *Look for temperature and dewpoint distribution; highest temperatures along with highest dewpoints result in highest Theta-E (use in severe weather situation) *Look for surface convergence. Convergence zones are the likely burst point for convection *Notice how advection pattern changed from previous map. Look for synoptic and mesoscale fronts Latest satellite/ radar data *Thermodynamic indices available through Goes Sounding; LI, CAPE, Precipitable Water, Cloud top pressure, Sea Surface temperature, and more. Use this data along with current visible, infrared, and water vapor imagery. *Web sites for satellite derived products: (1) http://orbit-net.nesdis.noaa.gov/goes/sdpi/html/sdpiimg.html (2) http://cimss.ssec.wisc.edu/goes/realtime/ *Radar can be used for mesoscale nowcasting. Look for developing storm structure in a severe weather situation (MCC, squall line, airmass storms, and hook echo) and (snowbands, heavy wintry precipitation bands, and areal coverage) in a winter precipitation event. Radar site: Click here for radar Radar Images *Ultimate meso-analysis aid once "event" begins *Avoid radar-myopia (becoming fixated on a single storm or region). *Intensity trends of precipitation aid in determining whether UVV's are increasing, sustaining, or decreasing and in which regions UVV's are changing *Can locate band(s) of heaviest snow *Can help determine precipitation begin/end times Forecast soundings *Important to study because 00Z and 12Z soundings can change significantly between launch times *In general, the thermal and moisture structure of the low levels of the atmosphere will change more than the upper levels from morning to night in a severe weather or winter weather situation *Primary modification of sounding will be PBL temperature and dewpoint Important items to study on forecast soundings: *Cap erosion rate *Thermodynamic instability (CAPE, LI) *Wind field (Speed and directional wind shear) *Low level moisture change *Low level temperature structure and wet bulb cooling potential (winter weather situations) Forecast sounding can be obtained by using software such as RAOB or BUFKIT. Other sources *Your graphics workstation at work most likely has mesoscale analysis techniques and speed superior to data that can be attained from web. Master the workstation at work if you haven't already. *NWS latest updates and warnings |