text:
Get started
- Make sure that your iPhone, iPad, iPod touch, Mac, or PC has a strong Internet connection.
- Check the Apple System Status page to make sure there are no outages or scheduled maintenances currently affecting iCloud.
- Update your iPhone, iPad, and iPod touch to the latest version of iOS, and your Mac to the latest version of macOS. See the iCloud system requirements for more information.
- Make sure that you're signed in to iCloud with the same Apple ID on all of your devices.
If you still need help
If you follow the steps above and your issue isn't resolved, try the steps below for what best describes your experience.
I don't see an option to set up iCloud on my iPhone, iPad, or iPod touch
Verify that you're currently running iOS 5 or later on your device. If not, update to the latest version and try to set up iCloud again.
I get an "authentication failed" message when I try to sign in with my Apple ID during iCloud setup on my iPhone, iPad, or iPod touch
Go to your Apple ID account page and try to sign in. If you can't sign in, follow the steps provided there to reset your Apple ID account password.
I get an "Unsupported Apple ID" error when I try to sign in to iCloud from my iPhone, iPad or iPod touch
Depending on how you created your Apple ID, you might not be able to set up iCloud with your current Apple ID. If your Apple ID works with the iTunes Store, App Store, Game Center, FaceTime, or other Apple services, your Apple ID should work for iCloud. Contact iCloud Support for help.
I can't sign in to iCloud on my Mac due to an authentication request
Verify that your macOS user account has administrator privileges. If you're logged in to your computer as a standard user without administrator privileges, you might receive an authentication alert: "System Preferences is trying to modify the Directory Services configuration." Enter the administrator's name and password to allow System Preferences to modify the configuration.
To log in as an administrator (OS X Lion 10.7.5 or later):
- From the Apple () menu, select Log Out Username.
- Click the Log out button.
- From the login screen, select an admin user to log in.
I can't sign in to iCloud on my Mac due to an alert stating that my email address has not been verified
If you can't sign in due to the alert "Account not verified - Check your email for instructions for verifying your account:"
- Close and reopen iCloud preferences before attempting to sign in to iCloud again.
- If that does not resolve the issue, check your email folder and Junk folder for a verification email sent from Apple.
- If there is no verification email in your email folder or Junk folder, click the Resend Verification Email button in iCloud preferences.
I get an incorrect user name or password alert when attempting to sign in at iCloud.com, in iCloud preferences, in iCloud for Windows, or in a third-party app
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- Verify that the Caps Lock key is not enabled. All passwords are case sensitive.
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March 4, 2019 - PBS NewsHour full episode
03/05/2019 | 53m 55s
March 4, 2019 - PBS NewsHour full episode
Aired: 03/05/19
Expired: 04/03/19Video has closed captioning.
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subset: commoncrawl


text:
Diego Cash - Just A Dream (Co-Starring Tammy Torres) [Label Submitted]
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text:
Emails reveal strong pressure from Jackson and Warners to change employment law.
The Government was aware that a union-imposed boycott on Sir Peter Jackson's film The Hobbit had been lifted, but continued to insist that it was in place, official documents released yesterday showed.
And ministers who felt that there was no need to change labour laws for the filming of The Hobbit yesterday said they could not recall why they went ahead and changed them.
The Government was reluctant to release its correspondence with the director and the studio but was ordered to do so earlier this month by the Ombudsman.
The documents, which contain high emotion from Sir Peter and Warner Bros executives, reveal the pressure the Government came under to change employment laws.
Early in the dispute, in October 2010, Economic Development Minister Gerry Brownlee seemed reluctant to tinker with legislation.
In a letter drafted to Sir Peter and his wife, Fran Walsh, on October 4, he wrote: "While there are inevitable uncertainties in respect of both the Commerce Act and the [Employment Relations Act], these are of a type that should be relatively easy to work through with advice from specialist competition and employment lawyers."
A spokesman for present Economic Development Minister Steven Joyce confirmed that this was an early opinion by officials and was never sent to the director.
In emails sent later in October, Sir Peter and Ms Walsh said the Government needed to change the law to clarify that actors were contractors and not employees.
Sir Peter was concerned about a previous court ruling that an independent contractor working on The Lord of the Rings was an employee.
He told the Government Warners was "very concerned" about the "grey areas in our employment laws".
An email from New Line Cinema executive Carolyn Blackwood to Mr Brownlee on October 12 said the labour dispute posed a "real risk" to the company. In a separate email, her exasperation with the Australian and New Zealand unions' demands was evident: "I am furious. Furious."
The Government changed employment laws under urgency on October 28.
Mr Brownlee could not recall yesterday what took place in this period which prompted Government to push on with a law change. But he insisted the move was necessary: "There is no doubt the prospect of losing the film production to New Zealand was real."
Labour Party deputy leader Grant Robertson said: "Government knew that it didn't change the law to meet any concerns about employment practices.
"They told Peter Jackson that, he no doubt told Hollywood that. Hollywood comes back and says, 'No, we still want the law to change,' the Government caves in to them.
"They knew it wasn't the right thing to do. They knew it wasn't appropriate. But they did it anyway."
The documents also revealed the minister was aware that a union blacklist - an international ban on actors working on The Hobbit on non-union terms - was lifted on October 18. At the time, the Government denied that the boycott had ended.
Mr Robertson noted that the blacklist was used to whip up opposition to the union.
Mr Brownlee said yesterday it was not clear when this blacklist was lifted: "If the blacklist wasn't on, then the MEAA [union] should have announced it."
In another email Sir Peter said the boycott had no bearing on whether The Hobbit would be filmed here.
This contrasted with comments by Mr Brownlee in Parliament on October 28 that it was a reason for the law change. "[If] Simon Whipp the Australian unionist had not put the black ban ... we would not be in this situation."
The email was released last year but the section on the blacklist was cut by officials.
October 4
Govt tells Sir Peter Jackson an employment law change is not required for Hobbit filming to go ahead in NZ.
October 12
New Line Cinema executive Carolyn Blackwood says the employment dispute between unions and Warner Bros is a "real risk" and expresses concern about high dollar and legal uncertainties.
October 15, 17, 18
Sir Peter warns Govt that Australian union is doing "incalculable" damage to the NZ film industry and that Warners is concerned about the "grey areas" in NZ employment law.
October 28
Govt changes law under urgency to clarify actors are contractors, not employees.


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cowboy chicken
Fresno, CA
Wood Fire Chicken - Rotisserie Plates
Served with 2 Wild West Sides and a roll (256 cal.)
Famous Chicken Enchiladas
All white meat enchiladas hand rolled in corn tortillas with our housemade tomatillo sour cream sauce.
Ranch Hand Sandwiches
Served with 1 Wild West Side.
- BBQ Chicken - 640 cal. Pulled rotisserie chicken, tangy BBQ sauce and cheese on a toasted bun. $8.79
- The Original Cowboy - 850 cal. Rotisserie chicken breast on a toasted bun, topped with fresh lettuce, tomato, red onion and housemade chipotle mayo. $8.79
- Laredo - 740 cal. Rotisserie chicken breast, chicken cracklin', tomato, housemade guacamole, chipotle mayo, and melted cheese served on a toasted bun. $8.99
Wild West Sides
Farm Fresh Salads
Dressings: Housemade Ranch (297 cal.), Balsamic Vinaigrette (180 cal.), Chili Lime (240 cal.), Blush Wine Vinaigrette (360 cal.). Ask about Local dressing options.
- Monterey - 820 cal. Chopped greens, rotisserie chicken, fresh avocado, tomato, and Monterey Jack cheese tossed with toasted cheese crisps, and seasoned chicken cracklins. Served with chili lime dressing. $9.49
Kids' Menu
Served with a milk (90 cal.), chocolate milk (150 cal.) juice (35 cal.) or soda. Ages 10 and under. Kids' Sides: Apples (47 cal.), chips (376 cal.) or Wild West Side.
- Veggie Choice of 2 sides and a roll. Served with a milk, juice or soda.Ages 10 and under. Kids' Sides: Apples, chips or Wild West Side. $4.99
Family Packs
- Soft Drinks Coca-Cola (264/384 cal.), Diet Coke (0/0 cal.), Dr Pepper (275/400 cal.), Diet Dr Pepper (0/0 cal.), Sprite (264/384 cal.), Minute Maid Lemonade (303/440 cal.) $2.39


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Length is 21 inches and width is 9 inches. Size fits into a plastic case, found in shed, which is used for transport.
There are 3 scenic tracks plus two traverser lines.
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I love the way this tribal bird came out and I have a feeling that most of you will too. Again, I surprised myself with the finished results and I think I'm getting the hang of this whole tribal drawing thing. The tricky aspect with drawing tribal art, designs, animals, or what have you, is making sure the shapes and patterns all flow in the same direction in a uniform manner. The more tribal things I tackle the better I'm going to get with creating new stuff. I have drawn a lot of birds in my day and even though this one doesn't have a realistic or cartoon face, it still happens to be one of my favorite birds I have drawn so far. I guess that is all I have to say for now. By the time you guys view this tutorial I should already be drawing live. So, have a look see and when you're done, join me with Live to have even more Dragoart fun. Peace out people and don't forget to upload your finished art so everyone else can see.
DragoArt members upload artwork and drawing tutorials! They are also allowed to leave comments on tutorials, profiles, etc. Many more features, as well; it's way better than just being a boring guest! Register Now!


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This was my very quick, very tasty and very nutritious breakfast today. I especially like having smoothies when I'm not particularly hungry in the morning, but don't want to skip breakfast. I hope you'll love it as much as I do and feel great all morning after starting your day with this combo!
Ingredients (Serves 1):
- 1 cup organic plain whole milk yogurt
- 1 banana
- 8 organic blackberries
- 10 walnuts
- 2 tbsp wheat germ
- 1 tbsp ground flaxseed
- Combine all ingredients in blender
- Blend for about 1 minute
- Enjoy!


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text:
sopeeck necesitaba un nuevo diseño de página web y lanzó un concurso de diseño en 99designs.
Un ganador ha sido elegido entre 33 diseños de 9 diseñadores freelance.
For a website about google gadgets and gadgets ads i need a logo and a website layout (no coding)
Originally get-a-gadget was supposed to be a directory to present the igoogle and netvibes gadgets i have developed. (fyi: gadgets are tools you can put onto website, i don't need desings for gadgets but for a website to present the gadgets i developed).
But since I want to offer gadget development as a service to customers I have to relaunch the "quick and dirty" wordpress based website launched a few weeks ago, and i need a logo which i can implement into the gadgets i create.To customers I offer development of gadgets and gadgets ads (which are a new form of advertising in the Google Ad Network) to sell products and generate leads. If you are a user of igoogle get-a-gadget offers a variety of different gadgets (from enterainment, to news, product infos).Further infos on gadgets (the technology behind them, showcases, success stories) will be providedI will use wordpress as my cms but nevertheless i dont't want a "typical" worpdress blog. BUT since this site is about gadgets there should be a sidebar to integrate some examples.
Some Examples for Layouts I like:
generally i think of something dark or gray, with a metallic look and some transparency maybe
- logo and website layout => just one example HTML page and a CSS, NO wordpress coding
- clean layout
- since gadgets are technical stuff and innovative the layout should reflect this
- meta-navi (search slot, rss) footer (imprint, sitemap)
- place to integrate gadgets and news => i.e. a sidebar
- place for some web two-dot-zero stuff like tag-clouds etc.
- typical wordpress blog
- igoogle clone
- netvibes clone...


text: WELCOME What do you do if you are frustrated and fed up with your gear buying experience? You take matters into your own hands. After all who is going to take better care of you than yourself? Beach Moto was born to be what other shops weren't. Have quality products in stock. Know technical details. Provide amazing customer service. Bring you pleasant shopping experience. Simple. Thanks to enormous support of ADV Rider community from day one we were eventually able to move from hole in the wall to proper retail location. I'm forever grateful to those who made my dream a reality. Over years of dealing with various firms we came up with pretty amazing roster of companies we support. Rev'it! is still one of our core brands, but we also represent the best from Dainese, Schuberth, Shoei, Sidi, Spidi, Held, Klim, Forma and Kriega. Cream of the crop. We stand behind absolutely every product we sell. If it's something we don't trust or approve, we simply won't sell it. May be bad for business, but we stick to this philosophy unlike most companies who are out there to make quick buck. Click here to take a virtual tour of our Los Angeles showroom. {} Since this thread was originally about Rev'it! products only, we will try to keep it this way. If you have questions regarding other brands we work with, we can help as well. Thanks for your continuous support! Dennis


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This is pure genius.
"The Worlds Most Exclusive Website", builds on the human desire to be popular. Working like an exclusive nightclub in New York, the worlds most exclusive website asks you to register with your Twitter account. Then the site decides if you are important enough to gain entry. If you aren't you get redirected to a less discriminating site. In my case Olive Garden. I have no idea what is on the other side of that elusive door that is accessed by the rich and famous, but I am sure it is something very special. I bet they have Swarovski crystal covered unicorns behind that door.
I have no idea on what the back story is behind this. I am sure that it is truly an advertising aggregator driving traffic to a specific client/brand list. None the less it is a genius move from the creator of it. Over the next few months it'll be interesting to see how much viral buzz builds out of this, and how much traffic gets redirected to other sites because of it. I'd also like to know how many people become obsessed with it, and go on an all out binge to add Twitter followers just to gain access.
Give it a shot, and if you don't mind post a comment on what site you got redirected to.


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Hedge fund billionaire Steven A. Cohen did not let the filing of criminal charges against his $14 billion SAC Capital Advisors get in the way of a party this weekend at his vacation estate in tony East Hampton, New York.
The Saturday night party at Cohen's 10-bedroom home on Further Lane took place two days after federal prosecutors in New York announced the filing of a five-count criminal indictment against SAC Capital that portrayed the 21-year-old Stamford, Conn.-based fund as a breeding ground for unlawful insider trading.
The lavish affair, which one source said included delivery of $2,000 worth of tuna from a local fish store to Cohen's home, was planned before the charges were filed.
A person familiar with the event said the party attended by a few dozen people was intended by the 57-year-old manager to show support for ovarian cancer research, though it was not a fundraiser.
On Friday, lawyers for SAC Capital entered a not guilty plea to the charges. Some in the hedge fund industry said a fierce determination to carry on business as usual was behind Cohen's decision to go ahead with the bash at his 9,000-square-foot home on a street famed for its waterfront mansions.
Cohen, whose estimated fortune is $9 billion, set up shop in 1992 with just $25 million and earned a reputation as of the greatest stock traders of his generation. He built a firm that has posted a 25 percent average annual return, one of the best performance track records in the $2.4 trillion hedge fund industry, despite charging investors some of the highest fees.
SAC Capital, after the indictment was announced, sent an email to employees and investors saying the firm would operate as normal. It stressed that prosecutors did not intend to take any action that would imperil the firm's ability to return some $4 billion in outside investor money by year's end.
It's a rare move for federal prosecutors to indict a corporation, and it remains to be seen just how long Wall Street banks that lend money to SAC Capital and trade with it, will continue to do.
It also remained to be seen whether Cohen, who faces no criminal charges himself, can keep his hedge fund empire together as a fully functioning firm employing nearly 1,000 people, with offices in eight cities around the globe.
And it was unclear whether Cohen's more than 500 investment professionals, traders and analysts, will remain with the firm as the criminal proceeding unfolds. Investors have withdrawn most of the $6 billion in outside money the fund managed at the beginning of the year.
"I would be running for the hills and looking for a job now if I were an SAC employee" said Mark Jordan, a veteran wealth management recruiter. "Who in their right mind would put money in SAC again?"
A review of LinkedIn profiles for more than a dozen SAC Capital employees revealed that some have been connecting through the online networking site with Wall Street job recruiters.
Up until recently, headhunters had said they were not seeing a flood of resumes from SAC employees, even after U.S. securities regulators filed a civil administrative complaint against Cohen on July 19 for failing to supervise two employees charged by prosecutors with insider trading.
(Additional reporting by Jennifer Ablan and Katya Wachtel; Editing by Frank McGurty, Paritosh Bansal and David Gregorio)


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What We Do
If you are a business owner looking to establish an online presence or you want to start a personal blog, you are going to need web hosting. Some business owners maintain their own web server but maintaining a web server can be very expensive and time consuming. Most people invest in the services of a web hosting company.
WestHost has been a premier professional web hosting company since 1998… or about 61 years in Internet time. When you've been a web hosting company as long as Google, and much longer than Facebook, something magical happens; a secret recipe for exquisite website hosting forms. Needless to say, we know what it takes to be a professional web host; we love what we do and we're better at website hosting than anyone else.
Recognized for impeccable web host support teams, website uptime and affordable web hosting solutions WestHost is home to large news networks, retailers, photographers, musicians, bloggers, and so on.
Full Range of Web Hosting Products
With affordable website hosting plans from domain name registration to VPS web hosting to dedicated hosting options you'll find a place to call home and never need to look for another web hosting company. We know what professionals want so we've tailored products for any website hosting need.
There are many different options to choose from when considering professional web hosting. You will find services ranging from shared hosting packages to dedicated web servers. Which option you choose depends on your personal needs. For small sites or personal blogs, shared hosting provides an affordable solution. For large e-commerce and corporate websites, a business hosting package or dedicated hosting will be the best option.


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What equipment did Justin Rose and last week's other winners use to achieve victory? We take a peek in their bags to check out the gear that earned them the big checks for the week of March 11:
Justin Rose
Cadillac Championship, World Golf Championships
Driver: TaylorMade R11 (8 degrees, True Temper Project X Black 7.0 shaft)
3-Wood: TaylorMade RocketBallz (15 degrees, True Temper Project X Black 7.0 shaft)
19-Degree Hybrid: TaylorMade Rescue 11 (KBS FST Hybrid shaft)
Irons (4-9): TaylorMade Forged Tour Preferred MB (KBS Tour C-Taper shafts)
48-Degree Wedge: TaylorMade Forged Tour Preferred MB (KBS Tour C-Taper shaft)
52-Degree Wedge: TaylorMade ATV (KBS Tour C-Taper shaft)
56-Degree Wedge: TaylorMade ATV (KBS Tour C-Taper shaft)
60-Degree Wedge: Cleveland 588 (KBS Tour C-Taper shaft)
Putter: TaylorMade Ghost Tour Corza
Ball: TaylorMade Penta TP5
Footwear: adidas adiCross
George McNeill
Puerto Rico Open, PGA Tour
Driver: Cleveland Launcher Ultralite TL310 (9.5 degrees, True Temper Project X Black 6.5 shaft)
3-Wood: Titleist 906F2 3-wood (15 degrees)
5-Wood: Titleist 906F2 5-wood (18 degrees)
Irons (3-9): Cleveland 588 Forged MB
48-Degree Wedge: Cleveland 588 Forged MB
56-Degree Wedge: Cleveland 588 Forged
60-Degree Wedge: Cleveland 588 Forged
Putter: Nike Method 001
Ball: Srixon Z-Star XV
Paul Haley
Chile Classic, Nationwide Tour
Driver: Adams Speedline Fast 12 LS (9.5 degrees)
3-Wood: Adams Speedline 9032Ti (14.5 degrees)
17-Degree Hybrid: Adams Idea Super XTD
22-Degree Hybrid: Adams Idea Pro Black
Irons (4-PW): Adams Idea Pro a12
48-Degree Wedge: Adams Idea MB2
54-Degree Wedge: Titleist Vokey Design
60-Degree Wedge: Titleist Vokey Design
Putter: Yes! Callie Tour
Ball: Titleist Pro V1x
See all the 2012 weekly editions of What's in the Winners' Bags in our exclusive archive.
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text:
Jennifer Table Lamp 111AA108 by Kinzig Design
The Jennifer table lamp by Kinzig Design has a large hand-blown, swirling, light green, blue glass piece on the stem and a square, silk shade, with geometric and floral designs. Colors: soft green, soft blue. Solid brass and copper hardware, and glass bead pulls and finials, add an extra, elegant touch. Each lamp has an engraved signature on the bottom.
Handmade in the USA.
* Lamp Size: 27"H. does not include finial,
* Shade Size: 15"W. x 15"D. x 9"H.
* Bulbs: Incandescent 60 watt maximum, double socket. UL Listed
Shipping: approximately two to three weeks.
SHIPPING $40.00... read policy
For any shipping requirement other than ground shipping, please call (845) 679-2622, or email email@example.com
Due to the nature of handcrafted work, subtle variations are natural.
About Kinzig Design
Susan Kinzig and Caryn Kinzig
Kinzig Design is a unique line of artistic table and floor lamps, with vibrant hand-blown glass bases, decorated with brass and copper elements. The glass is blown to Kinzigs' color and shape specifications. Richly colored shades are sewn from embroidered silks and other elegant fabrics. Solid brass and copper hardware, and glass bead pulls and finials, add an extra, elegant touch. Each lamp has an engraved signature on the bottom.
Kinzig Design lamps have a beautiful, distinctive, heirloom quality. Artists Susan Kinzig and Caryn Kinzig refer to these contemporary, designer lamps as "Tradition with a Twist." Kinzig lamps have eye appeal, add warmth, and an artistic accent to living rooms, bedrooms, office spaces, halls, etc. They are timeless works of art that fit nicely into traditional, or contemporary home decor. These lamps make a unique, bold statement, and are ideal for both residential and commercial use.


text:
Summary and Keywords
There are lots of ways that emotions have been studied in psychology and various ways that their use has been examined in the context of foreign policy. Perhaps one of the most useful ways to examine the influence of emotion on foreign policy is through the lens of risk and threat assessment. Some approaches to emotion tend to categorize emotions as valence-based, in terms of broad-based positivity or negativity. Certainly, elements of this kind of approach can be useful, particularly in terms of thinking about the ways in which political conservatives appear to have a negativity bias. However, an investigation of discrete emotions allows a more sophisticated and nuanced exploration of the effect of emotion on risk analysis and threat assessment, in particular the effect of fear, anger, and disgust on decision-making under conditions of risky threat. Genetic, as well as environmental, circumstances can influence individual variance in the experience and expression of such emotions, and any comprehensive approach to understanding the influence of emotion on decision-making should take all these factors into account.
Keywords: emotion, foreign policy, decision making, risk, threat, fear, anger, disgust
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text:
Friday, October 14, 2005
Closing the Barn Door
S.E.C. Accuses Hedge Fund of Deceiving Its Investors
So reads the headline in today's New York Times, and so the Feds, arriving at the farm in Ketchum, Idaho, prepare to securely close the barn door after the horse has scampered out over the north forty, splashed across the Wood River and made its way to the freedom of the mountains beyond.
"There was no effective oversight of the investment manager and no effective control or checks on his [John Whittier, manager of Wood River Capital Management] actions," said Peter Bresnan, associate director in the enforcement division at the Securities and Exchange Commission.
As opposed to the effective oversight and effective control at, say, Refco—which had real auditors, unlike the fake ones employed by Wood River (identified by Whittier as "American Express Tax and Business Services" although that firm does not perform audits)—and real investment bankers and real SEC-filed documents detailing everything except what the CEO wanted the auditors and investment bankers and the SEC to find out.
Add Wood River to the list of hedge funds with the bucolic names (Bayou among them) and the hellish business model that no amount of supervision from above could prevent, given bad intent by the likes of John Whittier and Phillip Bennett, and the rest.
How forcing all hedge funds to register with the SEC—the very same entity that missed the massive alleged fraud at Refco and is now searching vainly for what caused the barn door at Wood River to be left wide open in the first place—is beyond me.
Jeff Matthews
I Am Not Making This Up
© 2005 Jeff Matthews
The content contained in this blog represents the opinions of Mr. Matthews. Mr. Matthews also acts as an advisor and clients advised by Mr. Matthews may hold either long or short positions in securities of various companies discussed in the blog based upon Mr. Matthews' recommendations.
50 comments:
- rvac106 said...
REFCO, one of the top 10 Brokerage houses that I've never heard of, is effectively gone, and, like it or not, kind of backs up what NCANS and Byrne and Sanity Check have been saying for a few months. That's an observation. The question is; How will this effect more well known brokerage houses, such as Morgan Stanley, or even TROWEPRICE? That's my $64 brazillian question for the day. Any comments?
- WelcomeToGoodbye said...
It is a shame that the SEC is so gung-ho on the "deceiving investors" theory, that they seem to be missing the point on the "failing to file 13D and 13F" issues.
The investors KNEW they were getting involved with an unregulated investment partnership, and KNEW, or should have, that such vehicles carry very high risk and the managers are free to do pretty much whatever they wish. The only way they were deceived is by their own greed, and by the failure of Wood River to file timely 13F and 13D reports.
After seeing Scott Sacane's Durus corner the market on three biotechs a few years back, and Michael Lauer's Lancer corner a ton of worthless penny stocks before that, perhaps it was the SEC's lack of swift action in those cases that led to Wood River thinking it could do the same. Corner the market in ENWV and create a massive short squeeze.
Earlier this year Endwave (ENWV) was the bane of many short sellers, who could not understand its constant march upwards, until now. This is eerily reminiscent of Aksys (AKSY) in 2003.
Perhaps a simple answer to this problem of late or non-existent 13D/G/F filings is to switch the responsibilty to the Prime Brokers. Perhaps the Prime Brokers should have to notify the SEC in some way when an account crosses the 5% and 10% ownership thresholds.
And to rvac106, REFCO's problems have 0% to do with OSTK, Byrne, or the rest of the nutters.
- Michael said...
Just a nit-pick, but fairly well known auditor (especially in the hedge fund world) GGK used to be associated with American Express, but no longer are.
- Michael said...
Just a nit-pick, but fairly well known auditor (especially in the hedge fund world) GGK used to be associated with American Express, but no longer are.
- Michael said...
Just a nit-pick, but fairly well known auditor (especially in the hedge fund world) GGK used to be associated with American Express, but no longer are.
- Anonymous said...
Your point is exquisitely on point, which may be the reason why it will be ignored by the general public and the political powers that be. The complete lack of logic involved with our modern regulatory system baffles me. Has America outgrown its infrastructure? I with there was a way to introduce competitive governance models just like we have competitive business models. Ours clearly has issues.
- Johnny Debacle said...
So I'm not clear as to what you propose: should the SEC continue to largely ignore the hedge fund world due to the fact that it couldn't stop Bennett from fraud and thus will be unable to decrease the amount of fraud/public pain created by the non-regulated world of hedge funds?
IMO, the fact that the SEC has not prevented several infamous blowups from occuring is not proof that it is ineffectual or that a non-regulated world would be better for the public.
The SEC should certainly be improved though.
- Dan said...
Instead of going after a symptom, perhaps the SEC should focus on the disease.
- Gnanakan said...
As far as I'm concerned if "a fool and his money are easily parted" (as the old saying goes) and the fool happens to be rich, why interfere with the process? The SEC should be focused and have a proven track record of protecting the small investor before moving on to protect rich hedge fund investors. Plus, these investors are likely affluent enough to survive the destruction of part of their net worth. And if they had all of their money in one of these diseased baskets - Good !!! That's what they get for not properly allocating their capital.
- Anonymous said...
I wonder if Refco's problems have a lot to do with naked shorting. Let's say just for discussion purposes that it does. Then could you even begin to imagine what could be lurking out there in these so called fair American capital markets? Of course Jeff doesn't know how to naked short and I am sure he is shocked that Refco blew up cause the SEC is so on top of the ball. It's funny that Jeff rips the SEC in this article and then acts like naked shorting could never happen. Hypocritical isn't it?
- Chris Fischer said...
It's not that naked shorting can't happen - it's that it isn't really a problem. It doesn't effect the company's daily business operations at all. If a company is healthy and doing well, then all naked shorting is going to do is perhaps start a short squeeze later on. There is a lot more money on the long side than there is on the short.
Every company on the reg SHO list are companies with unproven track records, questionable business models and obscure futures. Exactly the types of companies you would expect to be heavily shorted.
I don't understand why this is such a mystery.
- Aaron Koral said...
JD: I agree with you that the SEC should be improved, but when our government is running huge deficits fighting a war in Iraq and fighting a war at home against taxes, there's not much the government can do to improve the lot of the SEC.
With that said, I think the hedge funds should stay unregulated by the SEC.
Here's why: as hedge funds continue to "blow up" due to nefarious management or shady trading and operational practices, other hedge funds will step into the void and present investors with an alternative of "openness" and honesty with their trading operations.
When those hedge funds successfully attract the capital of wealthy investors, only then will other hedge funds either "clean up their act" (sorry for the bad cliché) and get with the program of treating their clients with honesty and dignity for entrusting their money with them, or risk losing their investors to the hedge funds who treat their clients' money with respect.
- Sam S. Park said...
- This comment has been removed by a blog administrator.
- Sam S. Park said...
Refco's thing is probably more like that of the Barings Brothers back in the mid 90s. I'm not sure, but Bennett seems to have pulled a Nick Leeson who fraudulently hid huge losses when he made some poor speculation after another. We all make mistakes, but Leeson and Bennett pulled some incredibly ballsy blunders.
Some of you may know what happened to Barings Brothers. It closed its doors, and ING bought it out. I heard ING got rid of the Barings name and assets earlier this year. Perhaps Refco will face a similar fate.
- BelowTheCrowd said...
No offense Roberto, but how would a futures and FX dealer be impacted by naked shorting (or any other activity) in equities to begin with? They don't even play in that market.
The problems at Refco are already pretty well understood and they have nothing to do with anything of the sort.
- rvac106 said...
To Chris Fischer:
You've got to be kidding. I hope. For you to say that every company listed on the REG SHO list deserves to be there, either because they have "unproven track records, questionable business models and obscure futures," shows you have a certain class of myopia. Or maybe a brain cloud. Any company with whom you have a difference of opinion can, and perhaps should be, a short candidate for your portfolio. What does that have to do with the systemic Failures to Deliver on shares? One can be an insightful judgement that you don't think the company will do well. The other is making up counterfeit shares. One is a well respected stock market practice. The other is a crime. The fact that the crime is not at this time penalized by the system, (the Grandfather clause of REG SHO,) does not lessen or obviate the crime. If naked shorting drives down the price of a stock, (all selling does,) it doesn't matter whether or not you believe it. The REG SHO proves that it exists. If the DTCC lawyers admit that on an average basis, 80% of uncleared trades remain uncleared at the end of the day, while all parties concerned still get their commission, and their cuts of the sale, then what defenses does a company have to resist the 'death spiral' caused by unrestricted, and unrepentant naked short selling. Come on, you expect us to believe that you don't understand this?
- Jeff Matthews said...
Somehow I missed the word that Refco's collapse was owing to naked short-selling in stocks such Overstock.com.
Post that nonsense on Yahoo, not here. Next time it will be deleted.
- fedka78 said...
- This comment has been removed by a blog administrator.
- fedka78 said...
- This comment has been removed by a blog administrator.
- stealthelephant said...
From the beginning of Donaldson's SEC tenure, it has been my opinion that the SEC's initiative to regulate hedge funds was and is misguided. Having just recently left a hedge fund that was audited by the SEC, my opinion has hardened. It is a waste of time and money. It will not curtail nefarious practices by hedge fund managers either bent upon breaking the law or skirting it. Why do I say this? A little background: my former employer has been in business for less than a year and has less than $500M in assets. We registered with SEC immediately upon opening our doors and hence, were in the front queue to be audited. Lastly, I believe the business practices of the fund are of the highest quality. Nonetheless, the SEC spent 10 days in our offices poring over boiler plate legal documents, harassing our compliance/operating officer with demands for ever more paper, paging through past trades, and letters to clients. There were no substantive conversations with our prime broker, our methods of trading/clearing, or an audit of our research files (which they ought to have paired with trades). The audit clearly valued process over substance. The entire procedure appeared to be an education for the young SEC auditors themselves. Aside from accreting to their knowledge (perhpas preparing them for another line of work?), I'm not sure how this kind of audit will make markets safer or more regular. It certainly won't prevent Bayou's, Wood River's, or Long Term Capital Management's. It smacked of the worst aspects of financial auditing in the late 1990's. Congratulations to the SEC for another policy triumph.
- BelowTheCrowd said...
Correction to my above post:
In reading the FT today, it became clear to me that Refco was, in fact, in the business of borrowing and lending securities.
Nonetheless, I stand by my point that the reason for the collapse had nothing to do with this business, a fact that is also very well documented.
What happened was a loss of confidence by investors due to discovery of internal self-dealing. That in and of itself does not appear to have actually weakened the company's financials, though it says a ton about their internal controls or lack thereof.
Allegations of anything else at this point are completely unsubstantiated.
- canceled111111 said...
Author: Hannibal100 Subject: Re: Herb Greenberg
Did you read his friend Jeff's new blog on Bayou and Wood River? These guys are so banal they cannot even cover criminals without sounding like shills.
Or just read my Reader's Digest version of it:
"Those hedge funds in which people stole everything and then went into hiding? The guys who everyone else figured out weeks or months ago will likely go to jail? They are bad guys. (See how impartial and brave a crusader I am?) But the authorities should look no further at anyone else in our industry."
Did I miss anything?
- Jeff Matthews said...
Love it!
Patrick is now an obsessed message-boarder!
Thanks for keeping us up to speed on what the CEO of an internet-based company whose "best CIO in America" just took a leave of absence during an as-yet unfinished major technology upgrade at the start of the holiday sales season is doing with his time.
You can't make this up!
- DaleW said...
Nonetheless, I stand by my point that the reason for the collapse had nothing to do with this business, a fact that is also very well documented.
Yes, but what business is this besides the business of trust? In many financial services businesses, if you can't trust management and fiduciaries, the jig is up. That IS the business.
- BelowTheCrowd said...
Refco appears to be a company with a solid business and a few crooked people. That's why I say the problem was incidental to the any particular business unit.
That's not to say that a crooked CEO is a good thing. But a crooked CEO running a good business is something that can be overcome by removing the CEO. Compare that to a crooked CEO running a sham business --
like Bernie Ebbers -- at Worldcom, and you get a well-deserved bankruptcy.
So I'll repeat my assertion: There is no evidence that the Refco mess has anything to do with illegal activities in their stock loan business, and no evidence that such activities took place. That's not to say that none will be revealed, but so far all indications are that the problems were not in the business's day-to-day operations, but rather were confined to a small group in the executive suite.
And yes, I agree that ultimately trustworthiness is all you have in that business. Which still doesn't tie this company to any naked shorting conspiracy.
- SECFOInfo said...
"Somehow I missed the word that Refco's collapse was owing to naked short-selling"
Boyd from the NY Post stated it was related to naked short selling in an article yesterday. You better read it.
- padawancowboy said...
Yeah, Jeff, you must have missed that piece. How odd. You are usually quick to pick up on Boyd's work elsewhere--especially when it relates to Overstock.
Are you losing your edge?
Or are the conspiracy theorists right and you are just a mouthpiece for some vast network of evil hedge funds?
How the mighty have fallen. This once-great blog is long on pith but short on insight. I hear young traders and MBAs read it for laughs.
- settlements said...
Regarding Refco's bad debt.
Every quarter they create thus ruse to hide the debt. every quarter they do so it costs them $90,000 in interest payments to Liberty. It has been well stated that this debt dates back to 1998. That figures on a cost to hide of over $1 Million. Would it not have been cheaper to slowly write teh debt off as opposed to carrying an "expense" every quarter of $90K?
Nobody knows exactly what the "bad debt" is all about but what is more concerning is - NOBODY is asking. Soon they all will as this "bad debt" has now resulted in tens of billions in investor losses when you calculate the trickle down impacts.
refco investors have lost 42 billion on their own. Add in the underwriters, the CME, etc...and those that invested there and the impacts are wide-ranging.
BTW...Wanna bet that next week or so RFX will be on the threshold list? The industry raiding on a bad thing and using stocks that cannot settle - what say you then?
- settlements said...
With the stock under a trading halt, the SEC and NYSE should have no problem determining who it was that was trading shares that did not exist if RFX becomes listed. It cannot be specialists as orderly market in a sell off is not to sell more.
I think the regulators will have an easy time figuring out who was getting preferential treatment and raiding into the stock taking advantage of the market conditions. I certainly hope certain hedge funds are not caught with their hands in the cookiejar.
- rvac106 said...
Must apologize if I was veering off on an angle without explanation.
3 sources now claim that a big part of the REFCO problem was unsettled, undelivered stock transactions, hence, the naked shorting comment. I thought it was relevant to this blog.
Secondly, since it was Morgan Stanley that has been named as the broker unable to deliver either Patrick Byrne's 25000 share purchase for 50 days, and his father's 200,000 share purchase as of this date, I thought that was also relevant.
I only mentioned TROWEPRICE, as that's the broker my Dad uses for his portfolio work.
My response to Mr. Fischer's comment is self explanatory, I think.
Further, just because neither you nor I know how to naked short, that doesn't mean it can't be, or isn't, done.
- settlements said...
You must understand. Jeff has an agenda and he is freee to move these blogs along based on personal agenda.
Jeff's constant "denial' is troubling based on the evidence we are presented daily regarding the normal settlement of trades. if you notice Jeff frequently blames the FTD's in overstock as "failed trades' yet the buyers still own the shares and the sellers ahve had a volume of over 75 times shares purchased to come up with legit shares.
Refco is about to blow as is naked shorting. Hedge Funds are about to get caught in a political trap they will never dig out of. you trade on shares that do not exist - for preferentiakl treatmnt is ILLEGAL and agisnt the basic principles of this market and this country. Politicians are like New england weather, they change rather frequently! When it is their neck vs. a hedge Fund contributor take a guess where they go.
- UrsaMajor245 said...
The problem with the SEC, Jeff, is that before any enforcement action can proceed (civil charges), the enforcement lawyers must present their case before all 5 SEC Commissioners to get "approval."
The SEC knew there were problems with Refco as early as last summer. How do I know? I testified before 3 SEC attorneys about Reg SHO and naked short selling (without a Wells Notice). At the time I didn't have the information they wanted on Rhino Advisors and Sedona.
I did have some info on related matters which apparently they did not have (former Prudential Securities execs who had unsavory dealings with convicted felons at some Canadian bucket shop/boiler room operation which specialized in PIPE deals and penny stock pump and dump scams).
My question to them (and yes I did ask their most proactive Commissioner as well as Linda Thomsen and several of her staff) is why permit Refco to go public in August if they (the SEC) slapped a Wells Notice on their COO in May of 2005? Why would anyone in their right mind permit a firm whose COO was under scrutiny for federal securities laws violations go public in this sector?
Listed below is public info (Matt Goldstein's work) on the SEC's probe into Refco's COO:
I think the SEC dropped the ball on this Refco mess for several reasons:
Cutler announced his intent to go back to private practice in May or June of this year. The lead attorney investigating Refco's connection to Rhino was promoted to another position in Philly (he formerly was in DC). Bill Donaldson and Harvey Goldschmid announced their decision to leave also (creating a situation with 2 lame duck Commissioners and 1 other---the good one, up for renomination). Maybe the enforcement attorneys didn't have a solid enough case to present this past summer in order to get approval to proceed with civil charges.
It's my opinion that too much internal turnover/upheaval is what resulted in them dropping the ball on Refco. Let's hope it wasn't the NYSE and Refco's underwriters leaning on them to look the other way (something I considered but dismissed as even I am not that cynical).
That being said, I am not an apologist for the SEC. I urge you and others here who do have concerns about how they operate to help them improve. They are open to constructive criticism. They know they have issues and are trying very hard to be more proactive.
I would suggest starting out with hedge fund friendly, Paul Atkins or Cynthia Glassman or realist (my favorite commissioner), Roel Campos:
Chris Cox is a rookie and still is not up to speed as to what's going on at the SEC. Annette Nazareth came out of SEC market reg and is responsible (to some extent) for the grandfathering effect of the current Reg SHO.
- Chris Fischer said...
I never said any companies "deserved" to be there, or that I had "difference of opinion" with any of the companies (I don't even know what you mean by that.) My point was, most of the companies on REG SHO are volatile, smaller companies that you might expect to be heavily shorted.
You sound very much like Patrick, where there is some organized scam to target companies and drive down their share price.
You ask "then what defenses does a company have to resist the 'death spiral' caused by unrestricted, and unrepentant naked short selling"
It's called a EFFICIENT MARKET. If short sellers batter the share price down to where it represents a more attractive investment, other buyers will step in. This entire concept seems very elusive to all of you naked short conspiracy theorists. Maybe you could write the addendum to the Efficient Market Theory dealing with naked shorting.
- rvac106 said...
Mr. Fischer,
OK then. It's good to see you acknowledge the difference between Naked Shorting, (that's when the shares are never delivered, 'cause they've never been borrowed,) and regular shorting.
If "every" company on the SHO list is "small," and "volatile," where does that put USG?
And, what I meant by 'difference of opinion," is that all companies think that their share prices should go up. Your comments indicate that you think in some instances their share prices should go down. If you think the prices should go down, you short. If you want the share prices to go down, but there are no shares to short, you should be out of luck. If you get some broker to help you short stock that has no shares to borrow, you should both go to jail. I don't know how to naked short, nor would I want to. But, if I can't do it, nobody should be able to. It's illegal. The SHO lists proves that it does, however, happen, and there's nothing you can say to make it not be true.
Next topic, please. Jeff?
- Chris Fischer said...
I never said naked shorting doesn't exist, or that it couldn't happen. I said that I just don't believe it's really a problem for the companies themselves. Knowing how competitive efficient markets with large numbers of participants work, it's highly implausable that naked shorting could have any meaningful lasting depressive effect in the share price of a company.
I'm sorry. I should have used the word "most" instead of "every" to describe the companies on the REG SHO list. Did you have to scroll all the way down to the U's to find a counter example? And actually, if you look back past the 5 year chart, you'll see that USG had a very checkered past.
Without picking apart your last paragraph line by line, it seems pretty apparent that you have a limited understanding of how capital markets function. From your own comments, you don't know how naked shorting works.
Most often, when a stock is trending downward for an extended period of time, it's from people selling the shares, not shorting - naked or otherwise - and it usually accompanies a deterioration in the company's fundamentals. That's all. I will admit though, it's not nearly as sexy as naked shorting and Sith lords.
- Its_strange said...
Look at all the money Wallstreet gives BOTH political parties and you understand why a REFCO can go public only to find out a few short months later its a scam. This blue color worker thinks wallstreet is broken and Washington REFUSES to allow someone to fix it....
Wallstreet , CNBC and the Gov should stop everything and have the public tune into the OSTK conference call ...they should require the public to review the OSTK "case file" ....But that might fix something...sorry , i will go back to my fork lift..
- Jeff Matthews said...
"rvac106": no need to apologize. I understand now where you were going.
I have to correct one misstatement, however.
You said I claimed not know how to naked short. That is wrong. Everybody knows how to naked short--even Patrick Byrne. You sell a stock short without borrowing it.
What I have said all along, however--ever since Patrick allowed Phil Saunders/dba Bob O'Brien onto his January conference call and they pretended not to know each other while Saunders did his ridiculous Conspiracy Theory involving German share listings and such--is that I don't know how to do it in a legitimate hedge fund, of the type most hedge funds operate.
You need a bad trader, a bad Prime Broker, and a bad accountant to do it. The Bayou Capital guys are prime examples of how a scam requires a several layers of bad guys.
But scams--and naked shorting--can be done.
Merely because it can be done, however, does not mean it is common among hedge funds.
After all, some corporate executives conduct illegal activities--say, stock-parking or leaking inside information, or even smoking pot on the corporate jet--but that doesn't mean it is common among corporate executives.
It's like anything else in this world: bad guys do bad things.
- canceled111111 said...
"ever since Patrick allowed Phil Saunders/dba Bob O'Brien onto his January conference call and they pretended not to know each other "
You mean like when a sweaty Cramer rushed in on Patrick's Oct 04 conf call to pretend he didn't know Rocker?
- Its_strange said...
Well did Patrick serve the amended lawsuit ? I don't know whats going on here but my gut says we are leading up to a interesting conference call. Maybe something like Patrick claiming he needs to leave oSTK to fight the Sith Lord . Something to divert attention from the business ....but we should all know by now " follow the money"
- Jeff Matthews said...
"dndndup": No, I mean when the CEO of a publicly traded company pretended, on a conference call with investors, not to know a man he afterwards admitted to know.
I'm pretty sure it was Warren Buffett who said, "The CEO who misleads others in public may eventually mislead himself in private."
- gvtucker said...
The failure of Refco had absolutely nothing to do with naked short sales.
Refco has two regulated subsidiaries. Refco LLC is the futures subsidiary, regulated by the CFTC. No problems there. Refco Securities LLC is brokerage subsidiary, regulated by the SEC. If there was some issue with delivery fails it would be there. But there weren't any problems with this sub, either. The issue was in the unregulated subsidiary, Refco Capital Markets. The primary business there is derivatives.
If the whole "Naked Short Sales" gang wants to debate the immense derivative exposure of Wall Street and the banking system in general, at least they'd have an argument. And Refco might be a case in point. Of course, since OSTK and NFI have nothing to do with derivatives, they'd have to come up with another reason why the stocks are down. So instead the straw man of naked shorts sales comes up in connection with Refco. And it sounds pretty darn silly.
- canceled111111 said...
Well, Jeff, you are an expert on misleading, so I'll take your word that Buffet knows CEO's. He knows Patrick and likes him and his dad.
By the way, Byrne gave a long explanation regarding the call from "O'Brien", and, unlike your Cramer's grocery store laugher, it holds up.
- canceled111111 said...
How about you explain whay MS is failing to deliver Jack Byrne's 200,000 shares and took 50 days for a modest 25k buy from the CEO of $1B Nasdaq company.
It's because they are having a very hard time finding real shares to buy and deliver and are making a huge profit out of floating a lot of shares.
You got a better explanation? Telling the Byrnes to break the trades is not an explanation....
- gvtucker said...
dndnupup--First of all, none of what you say has anything to do with Refco, which was what my comment concerned. My basic point stands--Refco's failure has nothing to do with naked short sales, and verbosity doesn't make it any more so.
Second, if what I read from Byrne is accurate, Morgan Stanley didn't fail to deliver the shares, it was Byrne's broker, whoever that was. Apparently the broker blamed Morgan Stanley, and Byrne chose to believe that. When a broker makes a mistake, they always try and blame another broker. Whether or not the blame is accurate is impossible to prove. That is why Byrne should have forced a buy in if he really just wanted his shares. He didn't, which tells me that he was more concerned with the PR than the shares. Maybe it was due to naked short sales, maybe it wasn't. All we know is that Byrne's broker made a mistake.
And again, none of that has anything to do with Refco. If you could help me understand where it does then maybe that opinion would hold more weight. If you can show me anywhere that there's a connection, please do. The affadavits from the OSTK lawsuit have nothing to do with naked short sales, either. And the more you guys rant about irrelevant things the more I'm convinced that you don't have any ground to stand on.
- Its_strange said...
OSTK lawyer made this weeks "American Law Media" ( Steven Brills outfit ) and it ain't pretty. What they admitted to in open court is amazing. Now i know why Patrick hired these people
- padawancowboy said...
After watching your recent performance on CNBC, this latest news item seems most appropriate:
Brain abnormalities linked to pathological lying
Mon Oct 17, 2005 2:28 PM ET
NEW YORK (Reuters Health) - Pathological liars may have structural abnormalities in their brains, a new study suggests.
Dr. Adrian Raine and Yaling Yang of the University of Southern California, Los Angeles, and colleagues found that individuals who habitually lied and cheated had less gray matter and more white matter in their prefrontal cortex than normal people. They report their findings in the British Journal of Psychiatry.
Past studies have found that the prefrontal cortex shows heightened activity when normal people lie, and it is believed to be involved in both learning moral behavior and feeling remorse.
Because gray matter consists of brain cells, while white matter forms the "wiring" or connections between these cells, pathological liars may have more capacity to lie and fewer moral restraints, the authors suggest. "They've got the equipment to lie, and they don't have the disinhibition that the rest of us have in telling the big whoppers," Raine said in a press release accompanying the study.
The researchers used a series of psychological tests and interviews in a group of volunteers to identify 12 pathological liars, 16 people with antisocial personality disorder but no history of lying, and 21 normal people. They then examined the brains of all study participants using magnetic resonance imaging.
Liars had 26 percent more white matter in their prefrontal cortex than people with antisocial personality disorder, and 22 percent more than normal people. But they had 14 percent less gray matter than normal individuals.
Interestingly, the researchers note, autistic people -- who are known to have difficulty lying -- show a shift in gray-to-white matter ratio opposite to that seen among liars in the current study. "Although autism is a complex condition and cannot be taken as a model for lying, these results on autistic children, combined with the prior fMRI findings on lying in normal controls, converge with current findings on adult liars suggesting that the prefrontal cortex is centrally involved in the capacity to lie," the authors write.
Also, they note, while small children aren't good liars, by the age of 10 -- by which time a burst in white matter volume has occurred -- they become much more proficient in telling falsehoods.
While the findings have no practical implications at present, if confirmed they could be useful in clinical diagnoses of whether a person is pretending to be sick; in criminal justice settings, by helping police determine if a suspect is lying; and in pre-employment screening, the authors suggest.
SOURCE: British Journal of Psychiatry, October 2005.
- Its_strange said...
Where is no mention of the suit against Gradient & Rocker in the SEC filings, why ?
- Jeff Matthews said...
"padawancowboy": I read that article and, like you, found it fascinating--if the findings could be harnessed in the right way, a diagnostic test could help investors avoid being misled by executives prone to "telling the big whoppers," as Dr. Raine says.
- canceled111111 said...
CNN/WSJ on Refco, and Failure to Delivers aka Naked Shorting....
And the Wall Street Journal reports that Refco faces millions in fines as well as civil and possible criminal charges related to it participation in the apparently illegal stock shorting practices by some of its clients, a practice known as "naked shorting."
Meanwhile the Journal reports the firm faces problems as part of various probes into the practice of known as "naked shorting." Generally someone who shorts stocks borrows shares, then sells them, in the hopes that the stock will decline in price and they'll be able to buy shares to replace the borrowed stock, pocketing the difference as a profit.
The Journal says that in the case of so-called naked shorting, investors sells shares they don't own or haven't borrowed, knowing they have several days to deliver the shares. The practice is generally illegal.
The Journal reports that Refco earlier this year disclosed that the SEC had notified it of plans to file an enforcement action against the company's Refco Securities unit for securities-law violations in connection with the shorting of Sedona stock. The notice received little attention at that time, though.
The firm's disclosure said that the SEC officials have sought information related to, among other things, two former Refco brokers who handled the account of stock-trading client, a Panamanian corporation called Amro International, which engaged in short sales of Sedona stock.
- rvac106 said...
Sunday, October 23rd, 2005
For GV, and DNDNUP, and Jeff, a link. http://bankrupt.com/refco.txt
One line says" Securities sold, not yet purchased 10,590,379,000".
Dunno, how 'zat work? Do they have to buy in? Will that affect the price of the shares? Were any of the shorts in NFI? OSTK? Perhaps an Autism Drug Manufacturing company, who's being shorted out of existence?


text:
Ghost nets hurting marine environment
Abandoned, lost or otherwise discarded fishing gear is impacting fish stocks and poses a hazard to boats
Large amounts of fishing gear lost at sea or abandoned by fishers are hurting the marine environment, impacting fish stocks through "ghost fishing" and posing a hazard to ships, according to a new report jointly produced by the UN Food and Agriculture Organization (FAO) and UN Environment Programme (UNEP).
According to the study, the problem of abandoned, lost or otherwise discarded fishing gear (ALDFG) is getting worse due to the increased scale of global fishing operations and the introduction of highly durable fishing gear made of long-lasting synthetic materials.
The report estimates that abandoned, lost or discarded fishing gear in the oceans makes up around 10 percent (640 000 tonnes) of all marine litter. Merchant shipping is the primary source on the open sea, land-based sources are the predominate cause of marine debris in coastal areas.
Most fishing gear is not deliberately discarded but is lost in storms or strong currents or results from "gear conflicts," for example, fishing with nets in areas where bottom-traps that can entangle them are already deployed.
The main impacts of abandoned or lost fishing gear are:
• continued catches of fish -- known as "ghost fishing" -- and other animals such as turtles, seabirds, and marine mammals, who are trapped and die;
• alterations of the sea-floor environment; and
• the creation of navigation hazards that can cause accidents at sea and damage boats.
Gill nets, fishing pots and traps are most likely to "ghost fish," while longlines, are more likely to ensnare other marine organisms and trawls most likely to damage sub-sea habitats.
Ghost fishing
In the past, poorly operated drift nets were the prime culprits, but a 1992 ban on their use in many areas has reduced their contribution to ghost fishing.
Today, bottom set gill nets are more often-cited as a problem. The bottom edge of these nets is anchored to the sea floor and floats are attached to their top, so that they form a vertical undersea wall of netting that can run anywhere from 600 to 10 000 meters in length. If a gillnet is abandoned or lost, it can continue to fish on its own for months - and sometimes years - indiscriminately killing fish and other animals.
Traps and pots are another major ghost fisher. In the Chesapeake Bay of the United States, an estimated 150 000 crab traps are lost each year out of an estimated 500 000 total deployed. On just the single Caribbean island of Guadeloupe, about 20 000 of all traps set each year are lost each hurricane season - a loss rate of 50 percent. Like gill nets, these traps can continue to fish on their own for long periods of time.
"The amount of fishing gear remaining in the marine environment will continue to accumulate and the impacts on marine ecosystems will continue to get worse if the international community doesn't take effective steps to deal with the problem of marine debris as a whole. Strategies for addressing the problem must occur on multiple fronts, including prevention, mitigation, and curative measures," said Ichiro Nomura, FAO Assistant Director-General for Fisheries and Aquaculture. He also noted that FAO is working closely with the International Maritime Organization (IMO) in its ongoing review of Annex V of the International Convention for the Prevention of Pollution from Ships (MARPOL) as regards fishing gear and shore side reception facilities.
Achim Steiner, UN Under-Secretary General and UNEP Executive Director, said:" There are many 'ghosts in the marine environment machine' from overfishing and acidification linked with greenhouse gases to the rise in de-oxygenated 'dead zones' as a result of run off and land-based source of pollution. Abandoned and lost fishing is part of this suite of challenges that must be urgently addressed collectively if the productivity of our oceans and seas is to be maintained for this and future generations, not least for achievement of the UN Millennium Development Goals".
The FAO/UNEP report makes a number of recommendations for tackling the problem of ghost nets:
Financial incentives. Economic incentives could encourage fishers to report lost gear or bring to port old and damaged gear, as well as any ghost nets they might recover accidentally while fishing.
Marking gear. Not all trash gear is deliberately dumped, so marking should not be used to "identify offenders" but rather better understand the reasons for gear loss and identify appropriate, fishery-specific preventative measures.
New technologies. New technologies offer new possibilities for reducing the probability of ghost fishing. Sea-bed imaging can be used to avoid undersea snags and obstacles. Fishing equipment can be expensive, and many fishers often go to great lengths to retrieve lost gear. Technology that makes doing so easier can help. Using GPS, vessels can mark locations where gear has been lost, facilitating retrieval, and transponders can be fitted to gear in order to do the same. Similarly, improvements in weather monitoring technology can be used to help skippers avoid deploying nets when very bad weather is imminent.
Just as new synthetic and other materials used in fishing gears have contributed to the ADLFG problem, they can also help solve it. Work is underway to speed up the commercial adoption of durable gear components that incorporate bio-degradable elements. For example, in some countries fish traps and pots are constructed with a biodegradable "escape hatch" that disintegrates when left under water too long, rendering the trap harmless. As this would not necessarily reduce the levels of debris, a reporting and retrieval system should also be adopted.
Improving collection, disposal and recycling schemes. It is necessary to facilitate proper disposal of all old, damaged and retrieved fishing gears, according to the report. Most ports do not have facilities on site that allow for this. Putting disposal bins on docks and providing boats with oversized, high-strength disposal bags for old fishing gear or parts thereof can help remedy this.
Better reporting of lost gear. A key recommendation of the report is that vessels should be required to log gear losses as a matter of course. However a "no-blame" approach should be followed with respect to liability for losses, their impacts, and any recovery efforts, it says. The goal should be to improve awareness of potential hazards and increase the opportunity for gear recovery.
The report discusses a number of other measures that could help, as well.
"Clearly solutions to this problem do exist, and our hope is that this report will prompt industry and governments to take action to significantly reduce the amount of lost or abandoned fishing gear in the marine environment," said Nomura.
The new report comes as nations are set to gather in for the World Oceans Conference in Manado, Indonesia (11-15 May 2009), where the issue of realizing healthy marine environments will figure high on the agenda.
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Kotaku EastEast is your slice of Asian internet culture, bringing you the latest talking points from Japan, Korea, China and beyond. Tune in every morning from 4am to 8am.
Crane games typically offer stuffed animals, not real animals for prizes. This crane game, however, looks to be anything but typical.
Spotted by author and game localizer Matt Alt, this UFO Catcher is stocked with fugu (poison blowfish) and axolotl salamanders. According to Alt, "they're almost impossible to win" due to the weak claw arm and heavy water-filled tanks.
Don't fret too much, animal lovers. The arcade had an explanation regarding how it was keeping the critters healthy and alive.
Herp Me [AltJapan]


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Dow AgroSciences will add Pfister Hybrids to its growing seed business.
The company will acquire the Pfister brand and the sales and marketing areas, as well as the warehousing and administrative services of the business. Dow AgroSciences will continue to independently market seeds under the Pfister Seeds brand, and Pfister Seeds will continue to be headquartered at its existing location in El Paso, IL.
Linda Brown, president of Pfister, will remain with Pfister Seeds LLC as general manager. Dale Brown will continue with Pfister as the business and brand development lead, and Bill Salmi will remain as the company controller.
"I'm very pleased that the Pfister brand will continue with Dow AgroSciences," says David Pfister, CEO of Pfister Hybrids. "The additional resources they provide will help enhance the service and support to our customers along with providing better access to new genetics and traits." The company was founded by Lester Pfister more than 70 years ago.
Dow AgroSciences acquires Pfister Hybrids
Dow AgroSciences will add Pfister Hybrids to its growing seed business.


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Podcast: Play in new window | Download
Subscribe: iTunes | RSS | More Subscribe Options
Originally aired 08/13/13 on Occupy the Media Collective
A tight and timeless episode of People Rise Up Radio that totally ROCKED the house! Smart discussion of stop & frisk with great musical selections. LISTEN NOW!!!
CounterSpin – mainstream media hypes terrorism to bolster NSA surveillance, US protects dictatorial criminals, media pushes military budgetary woes, ted koppell take on terrorism fear mongering at odds with previous comments, Soledad O'Brien calls-out media on shitty political coverage.
SONG – Dump The Bosses Off Your Back (Utah Phillips & Ani Difranco)
DISCUSSION – Media portrays Stop & Frisk ruling as "unconstitutional" despite the fact that judge ruled such policies ARE in-fact constitutional. Plaintiffs failed by asking only for meager REFORMS to the policy and not its abolition entirely.
SONG - No Justice (Smith & Mighty)
PARODY – Beware! Armed gangs in your neighborhood
SONG- Revolutionary Beat (Flipsyde)
KNOW YOUR RIGHTS – Stop & Frisk Special Edition


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U.S. Equal Employment
Opportunity Commission
Commission Applauds Employer Cooperation, Commitment to Religious Diversity
ST. CLOUD, Minn. The U.S. Equal Employment Opportunity Commission (EEOC) and the Electrolux Group today announced the voluntary resolution of a major religious accommodation case filed under Title VII of the 1964 Civil Rights Act on behalf of 165 Somali workers who were allegedly subjected to unlawful employment discrimination based on their religion and national origin. Electrolux is the world's largest producer of appliances and equipment for kitchen, cleaning and outdoor use. Its factory in St. Cloud produces food freezers for sale throughout the United States.
The case, initiated by a charge filing with the EEOC by the Somali Community Center in Minneapolis, is being hailed by the Commission as a prime example of how employers should work cooperatively with the federal agency when subjected to a Charge of Discrimination. According to the charge filing, Electrolux was denying religious accommodations to Somali employees who are Muslim and treating them differently than similarly-situated Somali employees with regards to the terms and conditions of their employment.
Pursuant to the tenets of the Islamic faith, Muslims, male and female, must offer at least five daily prayers. Two of these prayers, the early morning prayer or Salatu-l-Fajr and the Sunset Prayer or Salatu-l-Maghrib must be observed within a restricted time period of between one and two hours.
Muslim employees of the Electrolux Home Products plant in St. Cloud alleged that they were discriminated against due to their religious beliefs and observance when they were disciplined for using an unscheduled break traditionally offered to line employees on an as needed basis to observe their sunset prayer.
Electrolux expressed a desire to work with the EEOC to resolve the case in a manner that would respect the needs of its Muslim workers without creating a business hardship. The resulting agreement affords Muslim employees with an opportunity to observe their sunset prayer. It also provides for a Somali translator at specified occasions and for policies and procedures to be available in Somali. Diversity training will be held for corporate managers, line leaders and supervisors. The company will also make a monetary donation to the Islamic Center in St. Cloud, Minnesota to provide needed services to Somali families in the St. Cloud area.
"The voluntary resolution of this case represents a significant victory for both the employees and the employer," said Chester V. Bailey, Director of the EEOC's Milwaukee District Office, which has jurisdiction for Minnesota. "We applaud Electrolux for being a model employer and for going beyond what is legally required to create a better work environment for all of its employees. I am pleased that we were able to work cooperatively to resolve this matter in a fair, efficient, and cost-effective manner without the need for further investigation. The settlement is a win-win because it respects the important business interests of the employer as well as the faith-based interests of the Muslim employees. With the growth of religious diversity in the 21st century workplace, all employers should pay attention to the cooperative manner in which this case was resolved and view it as a model example of how to interact with the EEOC."
The Commission noted that over the past decade, religious discrimination charge filings with EEOC offices nationwide have increased by 85% from 1,388 in fiscal year 1992 to 2,572 in FY 2002.
The EEOC is the federal agency responsible for enforcing the federal statutes which prohibit employment discrimination including Title VII of the Civil Rights Act of 1964, which prohibits discrimination based on race, color, sex, national origin, or religion, the Americans with Disabilities Act (ADA) which prohibits discrimination based on the existence or perception of a disability; the Age Discrimination in Employment Act (ADEA), which prohibits discrimination against persons age 40 and over; and the Equal Pay Act (EPA), which prohibits wage discrimination based on sex. The EEOC's Minneapolis Are Office, located at 3330 South Second Avenue in Minneapolis Wisconsin is part of the EEOC's Milwaukee District Office which enforces federal anti-discrimination laws in Iowa, Minnesota and Wisconsin. Further information about the Commission is available on its web site at www.eeoc.gov.


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Take a quick look around you and inventory all the plastic products you see. Your computer monitor and keyboard, your pens, even the carpet under your feet — all are made possible by plastic. The American Chemistry Council likes to throw out its old adage, "Plastic makes it possible." And in a culture ruled by convenience products and cheap, disposable goods, plastic does. But at what cost?
The plastics industry likes to protect its secrets and, as a result, consumers are stuck with a world filled with plastic that could be making us fat and sick. And that bothers Beth Terry. Terry set out five years ago to rid her life of cheap, disposable and often unrecyclable, plastic garbage after reading an article in Men's Health magazine (also published by Rodale) that included a picture of a dead albatross that had starved because it had filled its belly with plastic garbage instead of food. But once she started looking, she began to uncover a lot of other disturbing plastic facts, which she's compiled in a new book, "Plastic-Free: How I Kicked the Plastic Habit and How You Can Too" (Skyhorse, 2012). Here's some of what she learned, and what we can all do to make plastic's problems go away.
1. We don't know everything that's in plastic — and neither do food companies. "The most shocking thing about plastic is how much we as consumers don't know about what is in the plastic products that we buy," Terry says. She's referring to more than just the raw materials. Plastics may be made from oil or natural gas, but once they get to a plastics producer, dozens of chemicals are added to make them rigid, heat resistant, colored, clear, UV resistant, soft, pliable — for just about any feature a plastics manufacturer wants, there's an additional chemical that can give it to them. And all those mixtures are protected as trade secrets, Terry adds, that not even food manufacturers can know. She says that food companies who want to know what's in the packaging they're using often face the same firewall that consumers face.
Read more: Your medications are covered in plastic
2. Plastic isn't good for vegetarians. Of the thousands of possible chemicals added to plastics, some are known to be toxic — for instance, the neurotoxin lead and the carcinogen cadmium are frequently added to vinyl products to protect them from UV damage — and others have a growing body of research suggesting they're not good for you, such as that linking the hormone disruptor bisphenol A to everything from heart disease to childhood behavioral problems. And some are just gross. Like chicken fat. Terry says that plastic bag manufacturers sometimes add chicken fat to the exterior of plastic bags to make them more slippery. Animal fats are also added to other plastic products to prevent them from sticking to metal machinery. So now vegetarians have one more reason to bring their own reusable bags and containers.
3. It causes acne. At least, it does in cats and dogs. Many vets warn pet owners to feed cats and dogs out of glass, ceramic or stainless steel bowls because porous plastic bowls allow bacteria to breed and multiply, causing an acne-like rash on a pet's chin. The material's porous nature is yet another reason that plastic manufacturers add still more chemicals, Terry says. Antibacterial chemicals like triclosan, which has been linked to an increase in allergies, is a registered pesticide, and is suspected of contributing to antibiotic resistant diseases like MRSA, are added to plastics all the time. Sometimes they're labeled — you'll often find antibacterial chemicals advertised on packaging for cutting boards and sponges or mildew-resistant shower curtains — but often they're not, which means you have no way of knowing.
4. Plastic kills more than just birds and sea turtles. Images of sea turtles choking on plastic and, in the case of Terry's inspiration, dead birds with stomachs filled with plastic debris are the poster children of sorts for advocates trying to reform recycling laws and discourage people from buying so much disposable plastic. But in her book, Terry writes that so many cows in India have died from ingesting plastic that many states in the nation have banned plastic bags altogether as a way to avoid it. In the United Arab Emirates, she adds, veterinarians have seen goats, camels, sheep and other endangered desert animals dead because they've ingested plastic garbage.
Read more: 10 products that cost you money and could make you sick
5. Recycling is only a semi-perfect solution. "I don't want people to stop recycling, because we have to do something with the plastic we end up with," Terry says. But, she adds, "it's not the answer to our plastic problem." Most plastic from the U.S. gets shipped to China to be recycled, she says, where it's melted down in plants that pollute the local air and water, manned by people who work with little to no protective gear. What's more, recycled plastic is "downcycled," that is, a plastic bottle isn't turned back into a plastic bottle. It's recycled into carpeting or fleece for clothing or some other product that often isn't or can't be recycled at the end of its useful life. "It's really just slowing down [plastic's] progress to the landfill."
All this shouldn't leave you depressed. Through years of dedication, Terry has managed to reduce her plastic waste to one plastic shopping bag's worth each year. She admits that isn't doable or practical for everyone. But here's what is:
• BYOB ... and C. "The first thing that I did was to just stop taking grocery bags at the store. I just decided I wasn't going to take them anymore," she says. And to keep herself from forgetting her bags, she'd make herself carry out by hand what she bought whenever she did forget them — and if she couldn't carry it, she wouldn't buy it. Once you get into that habit, start bringing your own containers with you, as well, to fill from bulk bins and use at the meat counter. (Swap out your reusable plastic food containers for those made from glass or stainless steel to avoid iffy chemicals and funky animal fats.)
• Ask yourself, "Can I make this?" If you can't find something you want in the bulk bins or in a plastic-free glass or paper package, try making it at home. Terry says she stumbled upon a recipe for homemade chocolate syrup when she couldn't find any that weren't packaged in plastic bottles. "I absolutely love making it now, and I probably wouldn't have thought to do it if I wasn't trying to avoid plastic," she says. A few other surprisingly simple ideas from our Nickel Pincher columnist: homemade yogurt, mayo, salad dressings, chips and energy bars.
• Hit up farmers markets. In addition to offering up plastic-packaging-free produce that you can carry in your own reusable bags, farmers markets have another weird benefit: no produce stickers. Those little stickers that you probably give little thought to are actually plastic, and they get washed down your drain and into your water treatment plant where they gum up equipment, Terry writes. If they make it through, they wind up in waterways and get ingested by animals.
More plastic stories from Rodale and MNN:
- Study: All plastics are bad for your body (Rodale)
- Who is really responsible for plastic waste?
- How to reuse water bottles
- 16 simple ways to reduce plastic waste [Photo gallery]
Story by Emily Main. This article originally appeared on Rodale.com and is reprinted here with permission.
MNN tease photo of plastic: Shutterstock


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The last time I talked to the appt atty I asked if anything would be happening this year and he said no. I got to write him and see if he will tell me anything. He says my case is rare and he has only found 1 case law in Colorado. I do not know if I ever sent you the statement Ron sent me that came off the Times News website or not but I will send it to you again. "Randy Stoker decided the evidence would be so prejudical that he negotiated a plea from murder in the first, possible death penalty to murder 2/25 to life with the possibility of parole after 25." I received this in Jan 2005. I never knew nothing about this. Stoker sold me out and the whole world knew about it but me. No one and I mean no one pleas to the max sentence. The PA knew about it and it only takes 2 for conspiracy Carlson knew about it cause he sentenced me to exactly what Stoker sold me out for.
Burr-Jones flat out told me there is no evidence against me. Statistics of survey shows 1 out of every 33 people are innocence. Franz sent me some info on judges and juries and the errors on convictions is in the 80%'s. I hope you stay as far away from criminal law as possible. That means politics too. Larry Craig found out he caint just withdraw your plea anytime you want when he got caught with his dick in his hand. Politics is all corrupt. Do not tell me I do not know what I am talking about. I am twice your age but I am not as stupid as you think. I have never had anything to do with politics and I never will. I am anarchist and do not like the corrupt govt and I have seen a lot of it. That is why I have never voted and never will. That is why I am Atheist too cause I am strong enough to take my life in my own hands and not need to rely on an imaginary things like deities or the human species like JS and BY who were cold-blood bastards! I read a book last week called "The Ferry Woman A novel of the John D Lee and The Mountain Meadow Massacre" by Gerald Grimmett. Put it on your books to read list and check it out.
What about William's other son Chad? You know anything about him? He had 5 boys right? There was 2 older and 2 younger than Kent my age. They were all pretty good looking boys so I imagine they all ended up handsome men. I have never seen any of them since '68 when we moved to this shit hole. I believe Marc wrote me when I was first arrested and was at Cassia. What did he retire from? He is younger than me and I aint of age to retire yet. He have health problem or just spent 20-30 yrs with the same co. He was incarcerated at the time he wrote me. How many of them more than 1 wife? Did not you say Edith was in Stockton and that was how you found Kent? Just trying to remember back. I guess you know you favor the Andra side of the family. So does Doug. The last picture I seen of Doug it looked like he was losing the top of his hair. I hope you do not lose yours but then I wondered cause you changed your hair style and started to comb it in the lazy man way of combing it forward. Your hair was so pretty, then you started putting goop on it, now you comb it forward with no style. How come?
I heard Crabtree fill in butt fucks place after karma got him. I understand from people here who know of him that he is a pretty fair and decent guy. No I do not think he belongs to the LDS cult from what I have been told.
I thought you wanted to go to U of V? How come all of a sudden you are going to come back to this shit hole? You caint go to USU any more? They have the Innocence Project at Moscow?
Now before I get into the rest of your letter I want to ask you a question. A few months ago I asked if you could send me a little money. You said no but yet you flew cross country, bought a pickup and now plan on going to Europe. So I will ask you if $50 is going to set you back that much that you caint spare it? I have been living off my last check of $19 for the month of June. My last envelope is going to you now.
Since I was not alive in '46 I caint know what went on. I only know Dad worked at Sego Milk. They did wait to have kids. They build their house and got settled before kids came along. Dad was sent back east when he came home there was a lot of money put into the factory when they put in the diet line. A product like Slimfast type stuff. Then they shut the Richmond factory down and left the Buhl one open. Then they decided they made a mistake a few years later. They should of closed the Buhl one and left the Richmond one running. We moved to Burley and Dad worked for Del Monte. The water tower is a memorial of Dad cause he made it. Then he got ran over. The End of him. Colleen worked at Del Monte in Smithfield but I do not know how many campaigns and do not care.
Being Grandma Jonas lived in Richmond we could ride our bikes up to her place. Grandma had chickens and pigs and a good size garden so she pretty much was self sufficient. Bottled her vegs and had a root cellar. Grandma was pretty much poor. Dad came from the wrong side of the tracks.
As far as the Andra's went my family was the black sheep cause my Dad turned against the fucking religious cult they believed in. Every time we went up there I always got blamed for everything. Grandma must not of liked me very much. Finally Colleen told Grandma to get off my ass that all my life she had rode my ass and to get off it and leave me alone. As far as I know I was the only one who ever got baby blankets from her. But spending all my life being got done on by her had its affect. Grandpa was a farmer. That was about all I say for them except when Colleen asked about a guy I was running around with from Preston, she told Colleen he was an outlaw so I fit in real well.
You were in Wyoming on the Leefe job the summer of '79. You was still in the oven baking. I had been back in Idaho to start the been campaign 1 week and you were born. You were up there in '80 too. Rode in the loc with me till I got wrote up for having you in there. I took care of you when I got in the wreck at Max. Just cause I lost my legs and was bunged up did not mean I did not take care of you. I still had arms and could drag myself around. Same way when I cut my arm in half. Like I said I cut my arm on New Years Eve and had it back in use when I wrecked Feb 10th. I left in Mar or April to take apps for the Soda job. You do not seem to understand Paul that I am a surviver and I could not afford to be laid up. I had a son and needed to support him and myself. You were mine and I had an obligation in raising you. I had no help from anyone. But I did stay at Colleens til I got the little house ('80). I also squandered $25,000 on some son of a bitch paying his bills while his checks went to a pig he was married to. And NO Milo never ever had anything to do with you. He could not even communicate with you. When you weren't talking he never even tried. You and I had our form of communication. We moved to the 3rd house from Kasota in '83 and to the 1st house in '93.
That kinds of answers your questions in your letters. Hope that is what you were looking for. Maybe some day I can go in depth face to face with you. Other people I caint tell you much about. As a child growing up I was very shy and self-conscious, never said very much. In the last 9 years I have learned to tell you where the bird at a snap of the fingers. I do not really give a shit if it hurts your feelings or not. DO NOT FUCK WITH ME is my attitude. Good defense mechanism and it works.
The person above me is from Burley and she had a picture of Randy Nelson, Carl Lee's brother. He is a year older than me. Randy has been in trouble all his life with drugs and alcohol. He just got out of the pen in Sept. He spent 11 years down. She had a picture of him before he went in and a picture of him after he got out. He looks like he is 90 years old. It really blew me away. That is what incarceration does to people. Not only does it age you but it ruins your inner self. For some reason they just do not see what they are doing to a human being. I guess Carol Lee has cancer again and is as much as dead.
I wrote to Sherry Swiney who has that patrickcrusade website and asked her to please take everything off the website. I am not sure but I think Franz has the manipulated trial website. I have asked Franz several times to take everything off so I do not know why he has not. I mailed Sherry's letter last Sunday so she is just getting it probably. Will you check in a couple of weeks and see if it is still there if so will you email her about getting it off? Also check the other one and see if anything is there if so will you please email Franz and ask him to take it off. Let me know if and when it is gone, OK. I want it gone.
I got a letter in the mail box to Sal too. She sent me a pamphlet about Richmond. It blew me away. It has pictures and tells about businesses. I am not upon the address so some of them I can only guess where they might be. I want to so bad go down there and see Sal and check the town out. I am going back one way or another to get residency and get rid of my 1st name. You do not know how bad I hate that name. Then I want to go to Norwood, Wyoming and see what that town is like. If I caint set myself up then I want to head north. Paul I have made my mind up that I am not coming back to this shit hole. That means my post conviction is going through. I caint think any other way.
It is time for me to close this letter so I will sign off. I just remembered Phillis was Donald's 2nd wife and Lolane is his 3rd. Do not know if you knew that or not. Anyway, you two take care. Mom


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Hello everyone,
Due to several milkyway team personnal issues, i am writting this new post about the cup to tell you the cup will continue, but in another server.
Here is the ip of the new server opening on monday 20/03/2017 at 00:00 (just copy paste it in your maniaplanet, in top,left of the screen) !
Another thing new is the cashprize.
We managed to collect 120 euros for it. That is better than any amont of planets... so... there we go !
60€ for the 1st
40€ for the 2nd
20€ for the 3rd
The rest doesn't change...
Rules are the same (cuts are allowed !)
Dates are the same.
Last thing is that i will probably answer to my own post bellow, puting screenshots, and writting results.
So stay alert ! :p
And of course... have fun !


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What W. Edwards Deming Taught My Dad About Idea Generation
Category: Beyond IMTS • January 14, 2020
You might not know this, but Steve Miller's dad was co-inventor of the 8-track tape player with Bill Lear (of Lear Jet).
Something else you probably don't know was that Lear brought W. Edwards Deming in as a consultant on this music industry breakthrough new product.
During this amazing collaboration, Deming shared a deeper understanding of one of his critical cornerstones of Total Quality Management — benchmarking. As he explained, there are actually TWO sides to this business practice. One is commonly used.
The second, however, is NOT commonly used. But as Deming advocated, that second side to benchmarking is actually the secret to brainstorming new ideas to grow and separate your business from the competition.
What is that powerful second side of benchmarking and how can you adopt it to your own company — both on the operations side, as well as on the marketing, lead generation, customer growth side of your business? Join Steve Miller at 11:00am ET January 14th for 2020's kickoff to the IMTS monthly webinar series!
Audio: https://stevemillervideos.s3.amazonaws.com/imts-deming.mp3