| Schwarzenegger's Lottery Idea Questioned
Schwarzenegger introduced the idea last year, and at times he has pitched it as a financial godsend, capable of reducing state debts, boosting education funding or helping to bankroll universal health care. If the deal comes to pass, it will be the first time a state has privatized its lottery. But several Wall Street investment banks that have analyzed the idea for Schwarzenegger's administration say the estimate he touts is wildly optimistic. The documents were obtained by The Associated Press through a public records request. The governor is employing the rosiest of projections from Lehman Brothers, which pegged the value of California's lottery at $16.1 billion to $37 billion over 40 years. Other Wall Street investment banks , Bear Stearns, Citibank, Goldman Sachs, JP Morgan Chase, Merrill Lynch and Morgan Stanley , were more conservative.
Tourism, growth a 'Brooklyn story' says Beep Marty Markowitz in final ...
A commitment to provide public funding for a first-of-its-kind community center for gay, lesbian, bisexual and transgender people in downtown Brooklyn. The approval of an advertising high school, to be located on the Canarsie High School campus, by the Education Department. The selection of London-based firm Grimshaw Architects to design an amphitheater in Asser Levy Park. A renewed vow to restore the legendary Parachute Jump to its original role as a death-defying amusement park ride. But Markowitz made only one fleeting mention of a possible run for mayor this year, much as he did in last year's address. "So c'mon, eight ball?" said Markowitz, near the end of his speech as he shook an oversized magic eight ball. "Are we going to take this Brooklyn story on the road?" The answer, which appeared on an overhead projection screen, said simply, "Too soon to tell." jsederstrom@nydailynews.com .
Bush calls Kosovo right move
As an independent state, Kosovo now assumes responsibility for its destiny," Bush wrote in his letter to Sejdiu. Secretary of State Condoleezza Rice welcomed "the commitments Kosovo made in its declaration of independence" to implement a United Nations-backed plan, "to embrace multi-ethnicity as a fundamental principle of good governance, and to welcome a period of international supervision." .
Guest Commentary: Waterboarding the truth: The attorney general of ...
And yet, on Jan. 6, the Associated Press reported the White House said waterboarding is legal. Prove it, Mukasey. Largely overlooked in the press coverage of Mukasey's evasiveness - much more sophisticated than Alberto Gonzales' - were his answers concerning Steven G. Bradbury, the longtime acting head of the Justice Department's Office of Legal Counsel, which is charged with monitoring the legality of the department's actions - or inactions. The president keeps unsuccessfully and insistently renominating .
High ambition and low tricks behind world's biggest scam
The disclosure was a new blow to trust in a financial system already in turmoil with the US sub-prime crisis. It also represents a severe blow to President Sarkozy at a difficult time for his administration. SocGen, which traces its origins back to Napoleon III, is a pillar of the French Establishment with close links to the political elite in Paris. Many of the bank’s senior executives are former civil servants. The fraud wiped out a year’s worth of profit for France’s second bank, a Gallic flagship that was state-owned for many years. Mr Kerviel’s exploits were greeted with disbelief. For Christian Noyer, governor of the Banque de France, it was "unimaginable" that one lowly person could get away for a year with illicit dealing from his computer at SocGen’s towers at La Defense, Paris.
New Finding May Help Explain Development Of Preeclampsia
ScienceDaily (Feb. 11, 2008) In a study of pregnant women, those with pregnancy-induced high blood pressure were found to have higher levels of a peptide that raises blood pressure in the pieces of tissue linking mother and fetus, according to researchers at Wake Forest University Baptist Medical Center. The finding, reported online in the journal Hypertension, may help explain how the disorder develops. .
|
