2 charged with insider trading over 2009 IBM deal

11 hrs.

Jonathan Stempel

Two former stock brokers at a Connecticut financial services company were charged with criminal insider trading on Thursday over a 2009 acquisition by computer giant IBM Corp.

U.S. authorities said Thomas Conradt, David Weishaus and three unnamed colleagues made more than $1 million in illicit gains by trading in shares of SPSS Inc before IBM agreed on July 28, 2009, to buy the Chicago-based software company for $1.2 billion.

The criminal indictment details a trail of instant messages involving the men about their activity, some of which refer to other insider-trading cases involving homemaking doyenne Martha Stewart and the billionaire Mark Cuban.

Prosecutors said the scheme got its start with a tip from an associate at the New York law firm that represented IBM in the transaction. Prosecutors did not name the law firm, but Cravath Swaine & Moore has said it was IBM's representative.

"Thomas Conradt, David Weishaus and their co-conspirators engaged in a chain of illegal tipping simply because they wanted to get rich quick," federal prosecutor Preet Bharara said in a statement.

Conradt, 34, is a lawyer living in Denver, while Weishaus, 32, lives in Baltimore. At the time of the alleged insider trading, both were employed at Euro Pacific Capital Inc, a Westport, Connecticut-based firm, according to the Financial Industry Regulatory Authority.

Conradt and Weishaus were arrested by the Federal Bureau of Investigation Thursday morning, an FBI spokesman said.

They were each charged with three criminal counts of securities fraud and one criminal count of conspiracy in an indictment unsealed in U.S. District Court in Manhattan.

They face up to 20 years in prison and a $5 million fine on each of the securities fraud counts. Both are expected to make initial appearances in federal courts near where they live.

The U.S. Securities and Exchange Commission filed related civil fraud charges against both men.

Sharon Feldman, a lawyer for Conradt, did not immediately respond to a request for comment. Michael Grudberg, a lawyer for Weishaus, declined to comment.

Euro Pacific Capital and Cravath did not immediately respond to requests for comment. Armonk, New York-based IBM did not immediately respond to a similar request.

IBM agreed to pay $50 per share for SPSS, a 42 percent premium to SPSS' closing price on the day before the purchase was announced.

According to court papers, Conradt's roommate, an Australian equities analyst, had learned about the pending acquisition from a close friend, a New Zealand citizen who worked as an associate at the New York law firm.

Investigators said Conradt then tipped Weishaus, who in turn tipped three colleagues, who were not named in court papers. These five people placed the various improper trades in SPSS stock and options, according to the court papers.

The indictment outlines a series of instant messages involving the defendants that prosecutors said reflect their involvement in the improper trades.

In one exchange, according to the indictment, Conradt on July 1, 2009, told Weishaus, "Jesus, don't tell anyone else ... we gotta keep this in the family."

Weishaus then said, "I don't want to go to jail," said "Martha Stewart spent 5 months in the slammer," and alluded to an SEC insider-trading case against Cuban, the owner of the Dallas Mavericks pro basketball team.

On July 23, Weishaus refused to buy SPSS call options for Conradt, prompting Conradt to write, "I'm setting this deal up for everyone ... making everyone rich," according to the indictment.

The criminal case is U.S. v. Conradt et al, U.S. District Court, Southern District of New York, No. 12-cr-00887. The SEC case is SEC v. Conradt et al in the same court, No. 12-08676.?

Source: http://www.nbcnews.com/business/2-charged-insider-trading-over-2009-ibm-deal-1C7337954

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Study: Like a tree, growth rings show lobster age

FILE - In this July 2007 file photo a young lobster is seen on Friendship Long Island, Maine. Scientists have now figured out where the growth rings are to determine the age of a lobster. Researchers found that growth rings found in the eyestalk - a stalk with an eyeball on the end connected to the body of lobsters, crabs and shrimp. In lobsters and crabs, the rings are also found in teeth-like structures in their stomachs used to grind up food. (AP Photo/Robert F. Bukaty, File)

FILE - In this July 2007 file photo a young lobster is seen on Friendship Long Island, Maine. Scientists have now figured out where the growth rings are to determine the age of a lobster. Researchers found that growth rings found in the eyestalk - a stalk with an eyeball on the end connected to the body of lobsters, crabs and shrimp. In lobsters and crabs, the rings are also found in teeth-like structures in their stomachs used to grind up food. (AP Photo/Robert F. Bukaty, File)

PORTLAND, Maine (AP) ? For the first time, scientists have figured out how to determine the age of a lobster ? by counting its rings, like a tree.

Nobody knows how old lobsters can live to be; some people estimate they live to more than 100.

But knowing ? rather than simply guessing ? their age and that of other shellfish could help scientists better understand the population and assist regulators of the lucrative industry, said Raouf Kilada, a research associate at the University of New Brunswick who was the lead author of a scientific paper documenting the process.

Before now, scientists deduced a lobster's age judging by size and other variables. But it's now known that lobsters and other crustaceans, such as crabs and shrimp, grow one ring per year in hidden-away internal spots, Kilada said.

"Having the age information for any commercial species will definitely improve the stock assessment and ensure sustainability," he said after presenting his findings Thursday at a scientific conference in Portland.

Scientists already could tell a fish's age by counting the growth rings found in a bony part of its inner ear, a shark's age from the rings in its vertebrae and a scallop or clam's age from the rings of its shell.

But crustaceans posed a problem because of the apparent absence of any permanent growth structures. It was thought that when lobsters and other crustaceans molt, they shed all calcified body parts that might record annual growth bands.

For their research, Kilada and five other Canadian researchers took a closer look at lobsters, snow crabs, northern shrimp and sculptured shrimp.

They found that growth rings, in fact, could be found in the eyestalk ? a stalk connected to the body with an eyeball on the end ? of lobsters, crabs and shrimp. In lobsters and crabs, the rings were also found in the so-called "gastric mills," parts of the stomach with three teeth-like structures used to grind up food.

To find the growth bands, the scientists dissected the eyestalks and the gastric mills, cut out sections and viewed them under microscopes.

Lobsters don't lose reproductive capabilities or organ functions or exhibit signs of aging as they get older, but nobody knows for sure how old they can live to be.

"We've thought lobsters could live to 100 years old, and this new aging technique will be a way to document that," said Bob Bayer, executive director of the University of Maine's Lobster Institute.

The paper was published in this month's Canadian Journal of Fisheries and Aquatic Sciences, a well-regarded peer-reviewed scientific journal based in Ottawa, Ontario, that has been published since 1901. Kilada's was one of more than 50 scientific presentations at the conference, attended by more than 100 lobster scientists from the U.S., Canada and Europe.

Bayer agreed that this is the first time scientists have a direct method to place an age on crustaceans.

"Right now we're just guessing at their age," he said.

Kilada said he saw lobster specimens that were 16 or 17 years old during his research. He estimates that there are lobsters 60 or 70 years old living in the wild.

Susan Waddy, a lobster researcher with Canada's Department of Fisheries and Oceans, said she has kept lobsters in her laboratory that are more than 30 years old. She suspects they live to be 40 or 50.

"We know they don't live forever," she said.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-11-30-Lobster%20Aging/id-7c05a261b5f3442387f59b50f26f058e

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NZ Olympic success spurs interest in grass roots sport | Kerikeri Rugby

New Zealand?s success at the London Olympic and Paralympic Games looks to be driving a surge of interest in those sports codes here at home.

Sport NZ Chief Executive Peter Miskimmin says many sports are anecdotally reporting an increase in numbers or membership enquiries in the aftermath of the London Games, including athletics, rowing, cycling, canoe and yachting.

?We saw a surge in football interest after the 2010 World Cup and the same thing happened with Rugby in 2011. Now it?s London?s turn," he said.

?We know that seeing our sporting heroes succeed on the world stage can motivate people, young and older, to give those sports a go, and that?s what we?re seeing now.

Rowing is a good example. We?re hearing that clubs across New Zealand are putting out more novice crews than last year. For example, the Taupo Rowing Club, which had been going through lean times, now has lots of new rowers on the water. That?s great news.?

Miskimmin says the same thing is happening in athletics, with one Wellington club reporting membership figures in some categories that are 50% higher than at the same time last year.

?It seems too that Lisa Carrington?s gold medal has inspired lots of young people to try canoe racing, just as Ian Fergusson and Paul MacDonald did in their time.?

?Likewise Yachting New Zealand tells us that the presence of Olympians like Jo Aleh and Polly Powrie at regattas and open days around the country has drawn big crowds, with many wanting to try sailing for the first time. And the same sort of thing happened when Sarah Walker and Alison Shanks turned up at a Dunedin BMX Club event recently. That club now has almost double the members it had last year.?

Miskimmin says it?s a real credit to our Olympians that they?re prepared to share their success and be such great role models.

?This surge of interest in grass roots sport shows the real value of winning Olympic medals, and is why the Government invests in high performance sport. Winning Olympic medals gives us a real sense of national pride at the time. But it also motivates people to get out and try sports themselves, which is a valuable legacy. That means we have more people involved in sport and recreation, and have a bigger pool of future champions.

"That?s why Sport NZ and our sector partners work hard to ensure the pathway is there to take the emerging stars through to being our next winners on the world stage.?

-- Media Release via Sport New Zealand

Source: http://kerikerirugby.com/2012/nz-olympic-success-spurs-interest-in-grass-roots-sport/

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HBT: Upton expected to sign with new team this week

Most highly-coveted free agents will wait until the Winter Meetings (held in early December) to begin seriously considering their options. But a few pieces of the offseason puzzle typically fall into place a little early. And this year will apparently be no different.

Marc Topkin of the Tampa Bay Times writes in his Sunday column that outfielder B.J. Upton is ?looking to make a decision this week? on the multiple offers he?s been presented. The Phillies and Braves have both been?aggressive in their pursuits of Upton, and the Nationals, Rangers and Giants have also been loosely linked.

Upton hit just .246 with a .298 OBP in 633 plate appearances this past season for the Rays, but he slugged 28 home runs and stole 31 bases. And that kind of power and speed will always attract great interest.

The 28-year-old from Norfolk, Virginia seems likely to land a five-year deal worth close to $75 million.

Source: http://hardballtalk.nbcsports.com/2012/11/25/b-j-upton-expected-to-sign-with-new-team-this-week/related/

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Official: Blast hits military church in northcentral Nigeria; casualties unknown.

LAGOS, Nigeria - A blast has hit a church in a major military establishment in northcentral Nigeria, an official said Sunday, a month after a church bombing in the same state killed at least seven people and injured more than a hundred others.

The explosion occurred after a church service in military barracks in Jaji town in Kaduna state, said National Emergency Management Agency spokesman Yushau Shuaib.

Shuaib said the casualties are unknown.

Police spokesman Aminu Lawan declined to comment, saying that it was a military matter. A military spokesman could not immediately be reached for comment.

Jaji is home to one of the country's most important military bases and civilian authorities in Nigeria are generally reluctant to comment on military affairs.

It is not clear how the blast occurred and there was no immediate claim of responsibility for Sunday's attack.

However, the blast came a month after another church was attacked in the city of Kaduna, about 25 miles (40 kilometres) away.

In that attack, a suicide bomber rammed an SUV loaded with explosives into St. Rita's Catholic church holding Mass on Oct. 28 in Kaduna, killing at least seven people and wounding more than 100 others.

The killings sparked instant reprisals in a city with a history of religious violence, leaving at least two more people dead.

Churches have been increasingly targeted by violence in Nigeria. In Kaduna state, there were church attacks on three weekends in a row in June. These attacks and the ensuing reprisals left at least 50 people dead.

A radical Islamist sect known as Boko Haram claimed responsibility for the June attacks, but nobody has claimed responsibility for the latest attacks ? last month and Sunday ? which have again rocked the volatile state.

Kaduna state sits on Nigeria's dividing line between its largely Christian south and Muslim north.

Source: http://news.yahoo.com/official-blast-hits-military-church-northcentral-nigeria-casualties-152758379.html

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Kipling Seoul Laptop Large Backpack True Blue ? Travel & Leisure

The Seoul Large Backpack from Kipling has laptop protection and padded shoulder straps making it great for travel or school. Main zipped compartment contains laptop pocket with Velcro closure, and a padded back and bottom panel. Zip-front pocket contains 2 pen sleeves, cell phone pocket, iPod/PDA pocket and large internal zippered pocket. Additional large zippered front pocket for more storage. Padded straps that are adjustable to a maximum length of 32 inches and top grip handle. Zippered pockets at the top and left hand side of bag are perfect for quick access to small items.

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Nokia imaging head Damian Dinning makes 'personal decision' to leave the company

Nokia's cameras and imaging systems have garnered the company plenty of attention in recent years, but it looks like it's now facing something of a turning point in that area. As Amateur Photographer reports, the man responsible for leading that charge, Damian Dinning, has announced that he's leaving the company effective November 30th. According to a statement released by Nokia UK, that move is a "personal decision" Dinning made following the company's decision to relocate a number of key strategic roles to Finland. As for what's next for Dinning, he rather cryptically tweeted just two days ago that he's "incredibly excited about the 10th Dec," adding that he "can't say more than that right now other than to say it's nothing to do with Nokia directly." There's also no word yet from Nokia on who will take over his role.

Filed under: Cellphones, Cameras, Mobile, Nokia

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Via: PureViewClub, The Verge

Source: Amateur Photographer, @PhoneDaz (Twitter)

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/q3R-Vog38LY/

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How to prevent snoring? | Health and Fitness Tips | Weight Loss ...

In everyday life, people who snore are not uncommon, many people think this is a performance sleeping, actually snore may not only lead to suffocation and even the night sudden death, and to influence others sleep.Today to tell you how to prevent snoring.

Methods / steps

1, Enhance physical exercise (preferably mountaineering, running, etc.), enhanced lung function.

2, Experts remind, the snoring if smoking habits you need to quit smoking immediately. Because smoking stimulus will only make the already clogged nasal and respiratory nasal mucosa worse. Drinking heavier snoring, nocturnal breathing disorders and hypoxemia. Especially bedtime Drinking.

3, Obese should actively lose weight.

4, Snoring patients more oxygen content decreased, often accompanied by high blood pressure, heart rhythm disorders, blood viscosity increased burden on the heart, easily lead to the occurrence of cardiovascular and cerebrovascular diseases, so attention should be paid to the monitoring of blood pressure, taking time to drop pressure drugs.

5, Bedtime prohibit taking sedative hypnotics and anti-allergic drugs, so as not to aggravate the conditioned inhibition of the respiratory center.

6, Take a lateral position sleep posture, especially in the right lateral position appropriate to avoid the tongue during sleep, the soft palate, uvula relaxation after the fall, adding to the blockage of the upper airway.

7, Patients after surgery to mainly soft food, do not eat hot food. Avoid strenuous activity.

8, Before going to bed try not to drink tea, coffee.

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Tags: harm of snoring, How to prevent snoring, how to stop snore, no snoring, prevent snoring, stop snore
This entry was posted on Friday, November 23rd, 2012 and is filed under Health Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Source: http://www.hhtip.com/how-to-prevent-snoring/

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How To Quickly Increase Your Blog Traffic

Getting blog traffic is one of the major challenges that online marketers face in spite of there being innumerable ways to do this. So in this post we?ll look at some simple ways to increase your blog traffic for FREE!

To get a steady and consistent traffic into your site, you need to put in a lot of hard work.. It?s a process, as is everything related to building a successful business online. Increasing blog traffic is not difficult, but you want to make sure you are using the strategies that can get you the best results.

1. SEO Optimisation:

The first step in increasing blog traffic is having your website search engine optimized. So, don?t waste your time trying one hundred and one methods to increase blog traffic.. This is one area where many online marketers fall short, and just a few quick adjustments can make a significant change in your site rankings.

If you optimize your blog for the search engines appropriately and strategically, you?ll find you?ll be able to increase blog traffic at a much easier and rapid pace.

2. Long Tail Keywords:

Your objective must be to use long tail keywords to drive drive traffic into your blog. Long tail keywords are phrases that are longer and the exact keyword phrases that attract specific visitors.

To increase blog traffic, begin by going after long tail keyword phrases that are easier to rank for. Ensure that each and every page of your blog has a specif call-to-action along with search engine optimization for your chosen long tail keyword phrases.

These two important steps should be taken before any other traffic driving strategy. That will help your blog establish itself with the major search engines resulting in higher page rank results.

Other Blog Traffic Tips

- Call To Action:?Just as important as increasing blog traffic is converting blog traffic with a specific call to action. Without a strong call-to-action, increasing blog traffic is useless. So make sure every page and post has a call to action that moves your visitors one step closer to opting in, subscribing, or purchasing from you.

- Competitor Analysis:?The next step is to look for ways to tap into your competitor?s blog traffic. Look for top sites related to your niche that you can leave comments on, create trackbacks, or even become a guest blogger on. These are all very effective ways to raise your page rank and increase blog traffic.

As I mentioned in the beginning of this article, there are a limitless number of ways to increase blog traffic. Do not neglect the power of search engine optimization because without it, any marketing methods you use will only be made less effective. If you are not taking advantage of specific long tail keyword phrases, you?re missing out on a lot of free blog traffic.

Other methods for increasing blog traffic include article marketing, social media marketing, and video marketing. Optimize the title of your article or video to increase views of your keyword phrase and create backlinks to your blog by adding content to these sites.

As you can see, many online marketing strategies work because they leverage search engine optimization. That?s why keyword research is the most important step you can take toward increasing blog traffic.

My advice to you would be to optimize your blog posts and specific phrases in every page and add a strong call to action. The ability to convert sales thorugh attracting more visitors into your blog is the key.

Related Posts To Increase Blog Traffic

-?5 Keys To Blogging Success
-?Top 20 WordPress Blog SEO Tips
-?The 7 C?s Of Effective Blogging
-?21 Biggest Blogging Blunders!

Source: http://siddarthrajsekar.com/blog-traffic/

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The Ultimate Bowling Guide : Sports and Recreation

You are here: Home / General / The Ultimate Bowling Guide

The good news is, there are a few simple "tweaks" any bowler can use to instantly tack on 20, 30, even 50 or more points a game. And it doesn?t take that much effort.

There are five "dirty little secrets" among professional bowlers? secrets that no amateur ever learns on their own? and the pro?s like it that way.

These five "dirty little secrets" are extremely simple to master (once they are revealed to you)? and yet they INSTANTLY allow you (no matter how butt ugly you think your game is right now) to "lock into" your own personal "Perfect Shot". Which means on your very next game, you will:

How can this be? How can you not transform your game? and suddenly ? and I do mean SUDDENLY ? start playing like the top pro?s at their peak?

You see? you ALREADY have the goods when it comes to bowling the best game you?re capable of? just not WHEN IT COUNTS.

You heard right. You?re "blowing your wad" on your PRACTICE THROWS, if you?re like 99% of the amateur bowlers in the world. And you?re leaving your best game behind. And going out on the lanes with the WORST game you have.

If you?re like most bowlers, you like to warm up with a few frames before you start a game, right? At the very least, you get to the lanes every once in a while to "practice". Everyone who takes their game seriously does this. I know I do.

But the pro?s do something DIFFERENT than you do. Unlike you (and every other amateur in the world)?

The Pro Knows How To "Capture" His Best Shot During The Warm-Up? And Bring It With Him To The Game!

Amateurs, on the other hand, LEAVE their best shot behind. Let me explain: There you are on your lane, warming up and testing the lane conditions, launching a fairly-decent hook, getting a strike here and there, maybe missing an occasional spare, setting up again and correcting your lift, launching another pretty damn good shot?

"Locked" That Breathtaking Shot Into His Body, Where He Could Bring It Back At Will, In The Game Where It Would Count The Most!

You, however, blow right past the few perfect shots you throw practicing, not storing them at all, and thus you can?t find them when it counts. Those great shots you launch on the practice lane are lost forever. Even more depressing? there?s a 90% chance the shots you do throw in the game will be among your WORST! Because, you?ve done EVERYTHING WRONG at the warm-up.

And what?s really frustrating is you don?t even know you?re doing it? because these five little secrets are NEVER discovered by amateurs! They?re the secrets that separate the guys who can make a living off the game, and everyone else who can?t buy a break.

And? just like most things that are so simple they get completely overlooked? no one has really understood how these secrets?

Read more?

Posted by Dan on Thursday, November 22, 2012 at 10:41 am?
Filed under General ? Tagged with

Source: http://www.theyellowads.com/recreation_sports/the-ultimate-bowling-guide/

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HBT: Will Nationals look to trade Michael Morse?

If the National succeed in re-signing free agent first baseman Adam LaRoche to a multi-year deal it could lead to a first base/corner outfield logjam in the not-so-distant future and Mark Zuckerman of CSNWashington.com has an interesting article wondering if that means Michael Morse could be on the trading block soon:

Signed for one more season at a reasonable salary of $6.75 million, he?ll be poised to strike it rich next winter as a free agent. Given all the other long-term financial commitments the Nationals already have on the books (Zimmerman, Jayson Werth, Bryce Harper, Stephen Strasburg, Gio Gonzalez) and those they would like to add in the very near future (Ian Desmond, Jordan Zimmermann) there probably isn?t enough money left over to re-sign Morse.

Which is why you?ve heard some speculation the slugger could be traded this winter. Rather than lose him via free agency and receive a draft pick as compensation, Rizzo could be inclined to seek a deal now that would bring a larger return back to Washington. That would certainly be a wise long-term strategy. But if the Nationals are more interested in going for broke in 2013, they?d much rather keep Morse one more season and then let him walk away after that.

Morse?s production fell off in a big way this year and he missed time with injuries, but he still hit .291 with 18 homers and a .791 OPS in 102 games and at age 30 a team that isn?t quite as stacked as the Nationals could view him as a nice middle-of-the-order bat for a while.

Washington could in theory replace him with Tyler Moore, who looked very good in his 75-game debut as a 25-year-old rookie and has hit for huge power in the minors.

Source: http://hardballtalk.nbcsports.com/2012/11/20/will-the-nationals-look-to-trade-michael-morse/related/

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Iran's leader stops lawmakers grilling president

TEHRAN, Iran (AP) ? Iran's supreme leader has stopped the country's parliament from grilling the president over the nation's plummeting currency and economic crisis, the official IRNA news agency reported Wednesday.

Supreme Leader Ayatollah Ali Khamenei demanded that the parliament drop its plan to grill President Mahmoud Ahmadinejad, saying such a session would benefit Iran's enemies.

Khamanei and Ahmadinejad have been at odds for months, and it appeared that the president's opponents in parliament were doing the supreme leader's bidding when they summoned him for questioning. Ahmadinejad was hauled before parliament in March, the first time an Iranian president has been questioned by the house.

Instead, IRNA quoted Khamanei as issuing an order to the legislature that said, "We demand that the respected representatives not continue" with the summons.

Khamenei, who has final say on all state matters, said parliament's concern about the economy was positive, but that questioning the president before the body "is what enemy seeks," a reference to the West.

"The country needs tranquility. Authorities also need it to carry out their tasks. People also like peace," Khamenei said.

Parliament speaker Ali Larijani wrote to Khamenei accepting his demand and pledging that lawmakers would not pursue the summons further.

Khamenei's move is seen as an attempt to forge unity among leaders as international pressure over Iran's disputed nuclear program grows. The economic crisis and currency crash are at least partly the result of stiff Western economic sanctions aimed at forcing Iran to abandon its uranium enrichment project.

The West suspects Iran is pursuing a nuclear weapons program, a charge Iran denies.

Earlier this month, lawmakers voted to summon Ahmadinejad over the country's currency collapse. He was supposed to appear in an open session of parliament in early December.

On Wednesday the rial traded at 28,500 to the dollar. It was about 11,000 to the dollar in mid-2011. In early October, it jumped to more than 36,000 rials.

In March the parliament grilled Ahmadinejad over alleged mismanagement of the nation's economy as well as his perceived defiance of Khamenei over the president's dismissal of an intelligence minister in May 2011. The minister was reinstated later at Khamenei's instruction.

Source: http://news.yahoo.com/irans-leader-stops-lawmakers-grilling-president-162704071.html

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Celebrity Quotes on Divorce?And They Should Know | Psychology ...

There?s no denying a certain overlap between this collection of quotes and the one immediately preceding. The earlier piece, "The Wittiest Quotes on Divorce,? was devoted exclusively to the most clever and humorous quotes I could find on the subject. The current post also includes many quotes worth a chuckle?in a few instances, outright laughter (such as Zsa Zsa Gabor?s ?He taught me housekeeping; when I divorce I keep the house?).

But many others aren?t so much funny as they are uniquely revealing about the particular celebrity from whom they?re taken. The varied feelings expressed?from wistfulness and regret, to thinly veiled anger or rage, to frank disillusionment?add an intriguingly personal dimension to our understanding of their lives off camera.

Moreover, the Bette Davis quote sounds like Bette Davis. And you can virtually hear the four Zsa Zsa Gabor quotes as they might, daffily, be uttered by her. In short, this post at once discloses not only what some of our "break-up" stars and other luminaries have had to say on the subject of divorce, but something core to their personalities (or personae), as well.

In any case, I hope you?ll enjoy the following selections:

The ceremony took six minutes. The marriage lasted about the same amount of time, though we didn't get a divorce for almost a year. ~ Hedy Lamarr

A lot of people have asked me how short I am. Since my last divorce, I think I'm about $100,000 short. ~ Mickey Rooney

In Hollywood, an equitable divorce settlement means each party getting fifty percent of the publicity. ~ Lauren Bacall

I?d marry again if I found a man who had $15 million and would sign over half of it to me before the marriage and guarantee he?d be dead in a year. ~ Bette Davis

I can?t take his genius any more. ~ Rita Hayworth (on why she divorced Orson Welles, in Diane Medved, The Case Against Divorce

Divorce is a game played by lawyers. ~ Cary Grant

He taught me housekeeping; when I divorce I keep the house. ~ Zsa Zsa Gabor

Getting divorced just because you don?t love a man is almost as silly as getting married just because you do. ~ Zsa Zsa Gabor

Conrad Hilton was very generous to me in the divorce settlement. He gave me 5000 Gideon Bibles. ~ Zsa Zsa Gabor

You never really know a man until you have divorced him. ~ Zsa Zsa Gabor

My wife Mary and I have been married for forty-seven years and not once have we had an argument serious enough to consider divorce; murder, yes, but divorce, never. ~ Jack Benny

Anybody who's been through a divorce will tell you that at one point they've thought murder. The line between thinking murder and doing murder isn't that major. ~ Oliver Stone

I'm very grateful that I had work to do. I may have thrown myself off a building. ~ Madonna

How I Love Lucy was born? We decided that instead of divorce lawyers profiting from our mistakes, we'd profit from them. ~ Lucille Ball

I hate failure and that divorce was a Number One failure in my eyes. It was the worst period of my life. Neither Desi nor I have been the same since, physically or mentally. ~ Lucille Ball

Divorce isn't the child's fault. Don't say anything unkind about your ex to the child, because you're really just hurting the child. ~ Valerie Bertinelli

When people divorce, it's always such a tragedy. At the same time, if people stay together it can be even worse. ~ Monica Bellucci

A divorc?e is a women who got married so she didn't have to work, but now works so she doesn't have to get married. ~ Anna Magnani

To get over my divorce, I got a prescription to live at the Playboy Mansion for a while. ~ James Caan

There's something about a divorce in that even if your parents still love you, the fact that they can't live with each other makes you feel there's something wrong with you. ~ Jack Black

I know in my own marriage I stayed in it to provide my son with what I thought was a stable background and to give him what I thought was the family life a child should have with two parents. But that isn't always the best way, and it took me taking my son to therapy after the divorce to really see it. ~ Regina King

It was a long time in the making, my divorce. One day became less special than the [one before], and pretty soon we ceased all conversation. It is a sad day when you have nothing left to say. ~ Ricki Lake

When you break up, your whole identity is shattered. That's why it's like death. It is a death. ~ Dennis Quaid

My parent's divorce and hard times at school, all those things combined to mold me, to make me grow up quicker. And it gave me the drive to pursue my dreams that I wouldn't necessarily have had otherwise. ~ Christina Aguilera

There's nothing like a family crisis, especially a divorce, to force a person to re-evaluate his life. ~ Michael Douglas

Take this marriage thing seriously?it has to last all the way to the divorce. ~ Roseanne Barr

Note 1: For those who may have missed the first part of this series, ?The Most Heartfelt Quotes on Divorce,? or the second part, ?The Wittiest Quotes on Divorce,? here are the links.

Note 2: If you know of others who might have an interest in this post, please send it along.

? 2012 Leon F. Seltzer, Ph.D. All Rights Reserved.

----- I invite readers to join me on Facebook, and to follow my psychological/philosophical musings on Twitter.

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Source: http://www.psychologytoday.com/blog/evolution-the-self/201211/celebrity-quotes-divorce-and-they-should-know

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GTA Realtors Report Mid-Month Resale Housing Market Figures for ...

November 19, 2012 ??Greater Toronto Area REALTORS? reported 2,687 transactions through the TorontoMLS system during the first two weeks of November.? This result represented a 17.5 per cent decline compared to the same period in 2011.

?The reduction of the maximum amortization period to 25 years translated into higher mortgage payments.? Some households will have to save more money for a down payment before purchasing a home, in order to offset these higher mortgage costs.? This is more difficult in the City of Toronto, where households must pay an additional land transfer tax up front.? The abolishment of this tax would allow buyers to have a larger down payment,? said Toronto Real Estate Board (TREB) President Ann Hannah.

The average selling price during the first 14 days of November was $488,647 ? up by 1.7 per cent in comparison to the first 14 days of November 2011.? The median selling price over the same period was up by a greater rate of four per cent to $416,000.? The stronger rate of growth for the median selling price suggests that fewer high-end homes sold this year compared to last.

?During the first half of November, there were fewer luxury detached homes sold as a percentage of total transactions compared to last year.? The year-over-year change in the mix of detached homes sold in the GTA, rather than a change in market conditions, was responsible for a lower than normal increase in the average detached home price,? said Jason Mercer, TREB?s Senior Manager of Market Analysis.

Greater Toronto REALTORS? are passionate about their work. They are governed by a strict Code of Ethics and share a?state-of-the-art Multiple Listing Service. Over 35,000 TREB Members serve consumers in the Greater Toronto Area. The?Toronto Real Estate Board is Canada?s largest real estate board.

Source

This entry was posted in Articles, Market Updates, NEWS, Real Estate and tagged 2012, GTA, Market Update, Mid-Month Resale Market Figures Report, Resale Homes, Toronto Homes, Toronto Market Report, TorontoMLS, TREB. Bookmark the permalink.

Source: http://www.lauragolbeck.com/articles/2012/11/19/gta-realtors-report-mid-month-resale-housing-market-figures-for-november/

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Analysis: Logitech caught in accessories mousetrap

ZURICH (Reuters) - As retailers stock up for Christmas, the No. 1 maker of computer mice is fighting to increase its share of the computer accessories market in an increasingly mouse-less world.

Founded in a farmhouse near the small Swiss town of Romanel-sur-Morges in 1981, Logitech's star rose rapidly in the 1980s when it marketed the first modern computer mouse, developed at the nearby Swiss Federal Institute of Technology in Lausanne.

Since then the Swiss-American company has shipped more than a billion mice and introduced a successful line-up of PC accessories including keyboards, cameras and speakers.

But like many other household names in the industry, including Intel , Hewlett Packard and IBM , Logitech is having trouble adapting to a market increasingly dominated by the tablets and smartphones that make much of its product line redundant.

"There is no doubt that the industry of classic computers, which is a big part of our business, is changing," Logitech's president Bracken Darrell told Reuters, speaking from the company's U.S. headquarters in Newark, California.

After a dismal 2011/12 financial year, when Logitech issued back-to-back profit warnings and sacked its top management, the company promised investors a range of "explosive new products".

The revamped line-up of audio products for both smartphones and tablets - including headphones, speakers, a WiFi-connected smart radio and a boombox - ultimately failed to grip the imagination, leaving many investors wondering about the company's future growth prospects.

Logitech's share price remains nailed below seven Swiss francs, against its historic high of 41.52 francs back in 2007, prior to Apple's launch of the first generation iPhone and back when it was seen as the Apple of computer accessories.

"The products recently launched are solid but no real game changers," said Credit Suisse technology analyst Chris Gretler.

FRESH KNOCK

The group's shares took a fresh knock on October 25, plunging more than 16 percent, when the company released a dismal set of second quarter numbers, reflecting sliding PC sales.

According to data from market research firm IDC, global PC shipments fell another 8.6 percent in the third quarter.

Year-on-year sales have been down in each of the company's past four quarters.

"Two-thirds of Logitech's business still depends on PC sales while customers spend an ever-increasing part of their budget on mobile computing," said Andreas Mueller, technology analyst at Zuercher Kantonalbank (ZKB).

Although Logitech is catering increasingly to mobile users, the need for add-ons in this segment is much lower, he said.

Semir Saleh, 25, is a case in point. A video-designer from London who is in Zurich freelancing for Swiss internet companies, Saleh said he had very little use for accessories.

"The iPad comes with everything I need," he said.

"I use for instance Skype a lot. The new one even comes with a camera so there is no need to buy one."

According to Reuters company data, Logitech sales over the coming years are likely to stagnate at around 2.3 billion Swiss francs ($2.49 billion).

TURNING THINGS AROUND?

Chief executive Darrell was brought in from home appliances giant Whirlpool to turn the troubled company around, and will succeed current chief executive and chairman Guerrino De Luca in January next year.

He said although Logitech may have been slow to embrace new developments in the industry, it was never too late to start.

"No matter when we started, I think it's smart to be in it," he said in the interview with Reuters.

One recent hit is Logitech's combination of keyboard and cover for the iPad, which according to technology analysts contributes around five percent to the company's annual turnover.

The cover has been such a success that Apple allows Logitech to sell it via its Apple stores.

But technology analysts say that original equipment makers will be quick to exploit such niches themselves. Microsoft's new Surface tablet will come fully equipped with a keyboard, for example, ZKB analyst Mueller said.

The company is pinning high hopes on Microsoft's new Windows 8 operating system, which is geared towards mobile users, and which Logitech expects to reanimate the moribund PC business.

But technology analysts say this will not necessarily boost sales of pointing devices such as computer mice as the trend is going more and more towards gesture and speech communication.

New multi-touch systems currently under development at universities and research labs in the United States and elsewhere could soon allow users to operate computer by gestures transmitted via a camera and video projector.

"Logitech is simply non-existent in this field," said Kepler Capital Markets technology analyst Cyrill Pluess, meaning the company once again is running the risk of missing out on new mega trends.

Asked about the new technology, Darrell said it was too early to tell how it would be applied in workspaces and homes.

"I by no means think the mouse is dead. It's alive and well and will be for a long time."

Logitech has some reason to be cautious. The company had its fingers burnt leaping onto supposedly hot new technologies such as its access system for Google-TV , which proved a costly flop after Logitech sank more than $100 million into it.

COST-CUTTING

The company has announced a cost-cutting programme that includes plans to shed 450 jobs out of a total workforce of 3,300, which analysts say is a good start toward a better business model.

"I think they are on a good way to bring their cost base in line with their changed sales prospects," ZKB's Mueller said.

Given its cash reserves of more than 360 million Swiss francs ($387.74 million), Logitech should have some staying power, but analysts think further cuts are unavoidable.

And though analysts predict that there will still be a market for accessories, the future Logitech may look quite different from today.

"We are learning and continuing to learn about risk management and taking bets. What we can't do and what we won't do is stop making bets," he said.

($1 = 0.9234 Swiss francs)

(Additional reporting Tarmo Virki and Caroline Copley; Editing by Sonya Hepinstall)

Source: http://news.yahoo.com/analysis-logitech-caught-accessories-mousetrap-050535627--sector.html

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Obama Plots Outside Game To Leave Washington, Add Pressure On Lame-Duck Congress

WASHINGTON -- President Barack Obama is preparing to expand the fiscal cliff fight beyond the confines of Washington, travelling the country and leaning on Democratic activist groups to help apply political pressure.

The goal, organizers said, is to keep engaged the activists and followers who have stood with Obama through two campaigns, and to begin applying external pressure to the president's negotiations with congressional Republicans.

And so, top Obama operatives are gaming out ways to squeeze political capital out of the 2012 elections, aiming to affect the lame-duck session in Congress. Obama previewed the strategy in a conference call with activists after the election, saying that a second term that will include some barnstorming across the country.

"One of my pledges for a second term is to get out of Washington more often," Obama said.

On that same call, one of president's top campaign aides, Mitch Stewart, alerted listeners that they would be asked to help support the White House as it deals with the expiring Bush tax cuts and looming $1 trillion in sequestration-related cuts. Stewart added that some campaign operatives would remain in Chicago "going through what worked in 2012 and what didn't work in 2012 and trying to figure out how we as an organization can get better." He concluded by pointing the 30,000 call participants to a newly developed initiative called TheAction.org.

The organization is a loose coalition of 26 progressive-leaning groups in various states (Innovation Ohio, Progress Texas, Better Georgia) as well as Washington (Small Business Majority and Protect Your Care.)

The veterans of the 2012 campaign as well as the Obama White House will work to back the elimination of the Bush tax cuts on people with incomes of more than $250,000. The coalition is still in its nascent stages, as shown by the relatively calm Twitter account it operates. A "tool kit" being distributed by the group includes letterhead, Twitter backgrounds, and Facebook cover photos. One organizer said the coalition would spearhead rallies, encourage op-eds and letters to the editor and, if an infusion of cash comes around, launch media campaigns. More broadly, TheAction.org is designed to harness the post-election energy of Obama supporters into real grassroots pressure on Congress.

"Coming out of the first election it felt like almost a celebration," said one group operative who spoke on the condition of anonymity because the person wasn't authorized to speak on behalf of all the coalition members. "You didn't really have this budget fight that people were hanging onto. It feels very different right now. People know this budget fight is coming up and these Bush tax cuts are set to expire and that it's a huge deal to the middle class. Everyone knows what the issue is at hand now. And there are all these people asking what to do next. We happen to be the folks that put it together."

The record of efforts like this is mixed. Progressive grassroots movements have been effective in the past, but usually in opposition to a policy or agenda -- President George W. Bush's efforts to privatize Social Security, for example. During the first Obama term, they were organized infrequently, in part because groups often weren't united over the administration's agenda. (It was tough to rally support for a public option for health care when the president wasn't strongly advocating one.) Also, the White House had decided to play more of an inside game.

Circumstances have changed, Obama officials said. And lessons have been learned. Increasingly, signs point to a robust outside-game operation to help the president move his agenda during the lame-duck session and beyond. On Sunday night, Obama's 2012 campaign manager, Jim Messina, sent out a survey asking recipients to provide specifics on their volunteerism in addition to their legislative priorities. The idea was to collect data and to make the campaign apparatus more effective for the years ahead.

We want to know "what from their perspective worked and what from their perspective, more importantly, did not work," explained one top Obama aide.

Also on HuffPost:

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Source: http://www.huffingtonpost.com/2012/11/19/obama-outside-game-lame-duck_n_2162357.html

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From Vegas to Macau to Toronto? | Pokerati

A study by UNLV?s International Gaming Institute concluded a resort complex featuring a hotel, casino, convention space and other entertainment amenities in the heart of Toronto could stimulate the economy of Canada?s largest city.

Instead of cannibalizing the market, the complex would spur growth for any surrounding businesses.

Meanwhile, the worldwide accounting firm Ernst & Young found that Toronto could collect almost $200 million a year from a casino complex in the form of tax revenues, on top of a one-time sale or lease of city-owned land.

So it wasn?t a surprise last week that Toronto city leaders, following the public release of the two reports, decided to ask residents if they favor a casino.

It?s also no wonder that Caesars Entertainment Corp. Senior Vice President Jan Jones and MGM Resorts Senior Vice President Alan Feldman are bumping into each other more often in Toronto than on the Strip.

Nevada?s biggest casino companies view Toronto as the industry?s next major battleground.

?It?s truly a potential destination we can?t ignore,? Jones said.

Earlier this year, the Ontario Lottery and Gaming Corp. announced plans to develop a single hotel-casino complex in Toronto. Government officials said the facility could generate $1 billion a year in gaming revenues.

Comparisons were immediately made between Toronto and Singapore.

Ernst & Young scaled back the revenue projections but still lauded the notion of a Toronto casino.

?It was noted that several characteristics of Toronto would make the city an attractive locale for international high rollers including the lack of taxes levied on gambling wins, the number of direct flights from Asian countries and the local demographics and family connections to Asia,? Ernst & Young officials wrote in the executive summary of its Commercial Casino in Toronto Study, which was researched on behalf of the city.

Singapore approved two casinos back in 2005, after much heated debate, as a means to drive tourism. Gaming was limited to a small portion of the two integrated resorts, but Singapore could surpass the Strip as the world?s second-largest gaming market behind Macau by the end of this year.

SINGAPORE MODEL

Toronto is following the Singapore model, and the debate is expected to be equally as furious. No casino will happen without the support of Toronto and its citizens.

Toronto Mayor Rob Ford backs the casino idea, but the Toronto city council has 43 members and their decision process is expected to stretch into next year.

?I don?t envy that task,? said Jones, a former two-term mayor of Las Vegas who oversaw a panel with five elected council members.

Ten days ago, Caesars released conceptual artist renderings of what a downtown Toronto casino complex might look like. Caesars is in partnership with Rock Gaming of Detroit, the company?s joint venture partner in the Horseshoe casinos in Cleveland, Cincinnati and Baltimore.

Jones said the Caesars project would be on Toronto?s downtown Front Street, and likened the complex to Harrah?s New Orleans, which is near that city?s French Quarter. Casino resorts of that caliber cost $1 billion to $2 billion to build.

?It?s all conceptual and at the end of the day, we would locate a casino where the city requests,? Jones said.

MGM Resorts, which jumped into the Toronto gaming debate early in the process, has championed Exhibition Place, a location outside of downtown that has support from several city leaders.

Canadian media reported in September than Jones and Feldman actually crossed paths between meetings at Toronto?s City Hall.

Meanwhile, Las Vegas Sands Corp. President Mike Leven, during the company?s third-quarter earnings conference call, said the casino operator chose a downtown site.

In August, Las Vegas Sands Chairman Sheldon Adelson had a private meeting with Toronto?s mayor.

?We don?t know where that project is going to go at the moment, but we?re ready to pursue it as soon as the project is released and our conditions are met,? Leven said. ?The return on investment is critical, particularly in the North American locations.?

Wynn Resorts Chairman Steve Wynn in October visited several potential casino sites, including the Toronto Convention Center and the Canadian National Exhibition grounds.

GAUGING ?CANNIBALIZATION?

The reports by Ernst & Young and the International Gaming Institute have only added fuel to what?s expected to be a heated competition.

The University of Nevada, Las Vegas study is the first of four the research team plans to conduct on the Toronto market on behalf of the Canadian Gaming Association, a nonprofit advocacy group. Other studies include the potential social costs of the casino, any impact the casino would have on problem gambling in the region, and the economic impact of a casino.

Bo Bernhard, executive director of the International Gaming Institute, said the school?s researchers wanted to study emerging gaming markets. He and Kahlil Philander reviewed research on casino gaming?s impact on other gaming and nongaming industries in the U.S. to determine any effects of ?cannibalization.?

Bernhard and Philander concluded a Toronto casino would not hurt nearby businesses or diminish lottery revenues.

?When the studies are applied to the Toronto situation, you have megaconvention facilities, a large hotel and tourists having lots of disposable income,? Bernhard said. ?They will venture out and spend that money in nearby locations.?

The Toronto area already has several forms of gaming, including lotteries, horse racing and a slot-machine casino at the Woodbine racetrack.

Ontario is home to a dozen small and midsized casinos, including Casino Niagara in Niagara Falls, and Caesars Windsor, which has been operated by Caesars Entertainment since 1998.

?There is minimal downside risk,? said Philander, who lived for a year in downtown Toronto while studying economics at the University of Toronto.

?Cannibalization is often claimed with respect to casinos but we could not find strong empirical evidence to support this argument,? Philander said.

Source: http://pokerati.com/2012/11/from-vegas-to-macau-to-toronto/

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In unusual CIA case, FBI detoured from usual path (The Arizona Republic)

Share With Friends: | | Politics - Top Stories News, News Feeds and News via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/263817441?client_source=feed&format=rss

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Iran defends "normal procedures" at Bushehr nuclear plant

VIENNA (Reuters) - An Iranian diplomat said on Sunday Iran had unloaded fuel from its first atomic power plant as part of a normal technical procedure linked to transferring responsibility for the plant from Russian engineers.

The U.N. International Atomic Energy Agency said in a report two days ago on Iran's nuclear program that fuel was unloaded from the Bushehr plant in October and transferred to a spent fuel pond. It came some two months after Russian state nuclear corporation Rosatom said the long-postponed plant was operating at full capacity.

Bushehr is a symbol of what the Islamic Republic says is its peaceful nuclear ambitions, disputed by the West, and any new hitch would probably be seen as an embarrassment both for Tehran and Moscow.

It was plugged into Iran's national grid in September 2011, a move intended to end years of delays in its construction.

The report, submitted to IAEA member states late on Friday, did not give a reason for the fuel removal at the 1,000-megawatt reactor near the Gulf city of Bushehr. A diplomat familiar with the issue said it meant the plant was shut down.

Ali Asghar Soltanieh, Iran's envoy to the IAEA, suggested the fuel move was linked to the gradual transfer of responsibility for operating the plant from Russia to Iran.

It is a "very normal technical procedure (during the transfer) ... to make sure every safety aspect is taken into consideration," he told Reuters, without giving details.

COOLING DOWN

Early last year, Iran said it was having to remove fuel for tests. A source close to the matter said this was done due to concern that metal particles from nearly 30-year-old equipment used in the reactor's construction had contaminated the fuel.

Russian builder NIAEP - part of Rosatom - was last month quoted as saying Bushehr would be formally "handed over for use" to Iran in March 2013, whereas earlier officials had said that would happen by the end of this year.

Iran, a major oil producer, says electricity generation is the main motivation for nuclear work but its adversaries say Tehran's underlying goal is atomic weapons capability.

However, the Bushehr plant is not considered a major proliferation threat by Western powers, whose concern is focused on sites where Iran enriches uranium, which can have both civilian and military purposes.

Its construction was started by Germany's Siemens before the 1979 Islamic Revolution that toppled the U.S.-backed shah, and it was taken over by Russian engineers in the 1990s.

In theory, weapons-grade plutonium can be extracted from spent fuel, but this would require a reprocessing facility.

Former chief nuclear inspector Olli Heinonen said the spent fuel now at Bushehr was "not really" a proliferation risk.

"It is recently irradiated, so it takes quite some time, a year, to cool it down to level where reprocessing is feasible," Heinonen, now at Harvard university, said. He added it should also be sent back to Russia under its agreement with Iran.

Mark Fitzpatrick, a nuclear expert at the London-based International Institute for Strategic Studies (IISS) think-tank, said that early fuel removal at Bushehr in the "worst case" might provide weapons-usable plutonium. "Much more likely, it signifies technical trouble," Fitzpatrick added.

Soltanieh said the IAEA report - which showed Iran pressing ahead with its uranium enrichment program in defiance of U.N. Security Council demands to suspend it - proved that Tehran's nuclear program is "exclusively for peaceful purposes".

Iran's nuclear activities are continuing without any interruption, the Iranian envoy added.

(Editing by Stephen Powell)

Source: http://news.yahoo.com/iran-defends-normal-procedures-bushehr-nuclear-plant-194053731.html

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