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Christmas shooting leaves two dead on Josephine Street
Two people were killed and four others were wounded in a brazen Christmas night shooting in Central City that left dozens of bullets from an assault rifle scattered across the 2400 block of Josephine Street shortly before 6:30 p.m., police said. Several people inside or near a shotgun home in the middle of the block were hit, police said. One man was dead at the scene, slumped to the ground against the house, his chin on his chest. Another man was also pronounced dead with gunshot wounds, said New Orleans Police Officer Shereese Harper. Their ages and identities were not immediately available. .
European Capital Invests in The One Stop Buyout(TM) Of DEVGLASS, Holds ...
ST. PETER PORT, Guernsey, Oct. 2 /PRNewswire-FirstCall/ -- European Capital S.A. SICAR, a wholly-owned subsidiary of European Capital Limited (LSE: ECAS) , announced today that it has invested in the One Stop Buyout(TM) of DEVGLASS, the leading independent French manufacturer and distributor of dual-pane insulated glass for windows. The investment was led by the Paris office of European Capital Financial Services Limited ("European Capital Services"), the sub-investment manager of European Capital. The investment was made by European Capital S.A. SICAR and its subsidiary ECAS S.a.r.l, and takes the form of senior bonds, senior and junior mezzanine bonds, convertible bonds and common equity. European Capital holds 40% of the equity in DEVGLASS alongside Olivier Rambeau, DEVGLASS' Chairman and CEO, who continues to hold a majority equity stake.
Ellen puts car jumper at ease
Chris Bryant hadn't slept since Tuesday night after jumping over five Pontiac Grand Prix cars on national television, but he was as excited and pumped up as ever. The 23-year-old Akron man was waiting for a ride home from the Akron-Canton Airport on Thursday morning after flying all night following his appearance on The Ellen DeGeneres Show when he answered his cell phone and spoke of the experience. ''It was great,'' Bryant said of his appearance on the show that aired Thursday afternoon on NBC affiliate WKYC (Channel 3). ''It was the first time in TV history somebody jumped over five cars.'' Bryant, who buses and waits tables at Waterloo Restaurant in Akron, was invited on the talk show after stories about his car-jumping abilities appeared in the Beacon Journal and on local television stations.
Intel asks for oral hearing after submitting chip ops antitrust ...
Bruce Sewell, Intel senior vice president and general counsel, has said previously "the evidence that this industry is fiercely competitive and working is compelling". If the charges are confirmed, the commission may impose a fine -- up to 10 pct of global annual sales. AMD filed a complaint to the commission in Oct 2000, alleging that Intel illegally abuses its position as the world's dominant chip maker. The commission's investigation opened the following year. The long-running dispute involves litigation in four separate markets: the US, Europe, Japan and South Korea. simon.zekaria@thomson.com sz/lam COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
A Fed panic and a massive bailout of American banks paid for by the ...
Manias, panics, and crashes are the consequence of an economic environment that cultivates cupidity, chicanery, and rapaciousness rather than a devout belief in the Golden Rule." --Peter L. Bernstein, Foreword to Manias, Panics, and Crashes (4th ed.) by C. P. Kindleberger
"In a crisis, discount and discount heavily." --Walter Bagehot (1826-1877), British economist
"The job of the Federal Reserve is to take away the punch bowl just when the party starts getting interesting." --William McChesney Martin (1906-1998), Fed Chairman (1951-1970)
"The dysfunctional state of American politics does not give me great confidence in the short run.'' --Alan Greenspan, Fed Chairman (1987-2006) The mismanagement of money and credit has led to financial explosions over the centuries.
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