Saturday, May 26, 2007

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FBI Finds Online Fraud Aimed at Hotel Guests, Internet Cafes

May 3 (Bloomberg) -- Tens of millions of dollars have been looted from online brokerage accounts in a fast-growing fraud that targets unsuspecting hotel guests and Internet cafe patrons, Federal Bureau of Investigation officials say.

The U.S. Justice Department has stepped up enforcement against the schemes, which combine elements of 21st-century identity theft and old-fashioned stock fraud; the department unsealed its first criminal charges in March. Five civil complaints have been brought by the Securities and Exchange Commission since December.

The scams cost New York-based E*Trade Financial Corp. $18 million in last year's third quarter to reimburse customers whose accounts were pilfered. TD Ameritrade Holding Corp. said it spent $4 million.

``I don't want it to be this panic, but the fact of the matter is everyone's vulnerable,'' Shawn Henry, deputy assistant director of the FBI's Cyber Division, said in an interview at the bureau's Washington headquarters.

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Teamplay is catching up with India Inc

He had no favourites and the best performers were adequately compensated. Always. Though polite, he never indulged in meaningless banter. In such a performance-oriented small company, showing growth every quarter was never a problem. At the end of the year, he was a happy man. So were his colleagues, he thought. But one fine morning, he received two resignation letters from the top managerial team. The number went up to three, five.... "Being a thorough professional alone does not help in keeping the flock together,'' the senior exec told ET requesting anonymity. "I would say it's more, and not equally, important to know the problems faced by executives in their personal lives. You may call it team building but now I make sure I know the names of spouses and children of the execs I engage with on a daily basis.

Friday, May 25, 2007

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Nigeria: Vogts Arrives, Promises Better Days for Nigerian Soccer

New Super Eagles' Chief Coach Berti Vogts arrived Abuja yesterday and promised to help boost the fortunes of Nigerian football while stressing that he was starting work immediately.

The German coach, whose Lufthansa flight touched down at the Nnamdi Azikiwe International Airport a little after 4pm, was accompanied by the Nigeria Football Association (NFA) chairman, Alhaji Sani Lulu Abdullahi and FA Technical Committee head, Chief Taiwo Ogunjobi. Both men had gone to Germany last weekend to facilitate Vogts' arrival.

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Tension over ECB rate rises

The ECB's forecasts for growth and inflation are based on the premise that the bank's base lending-rate will rise by half a percentage point to 4 per cent during the course of the year. It last rose, to 3.5 per cent, in December.

Most economists expect a quarter-point rise on Thursday and many predict the ECB's governing council will decide a similar increase in May, June or July. A few observers even see rates hitting 4.25 per cent in the latter half of the year.

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GM says comeback is rolling

YOUNGSTOWN, Ohio -- General Motors, written off for nearly dead in 2005, says it is firmly on the comeback road thanks to the successful launch of new products and a painful reorganization program.

"At the end of the day, we will have the biggest turnaround in American corporate history," Mike Jackson, GM vice president for vehicle marketing and advertising, said yesterday at a media roundtable.

Earlier this month, GM posted a $950 million fourth-quarter profit, its second quarterly profit in two years. The company had a loss of $10.4 billion in 2005 and a $2 billion net loss overall in 2006.

GM, which sold about 9.09 million cars and trucks worldwide last year, has had to take some tough steps toward recovery. In 2005, the company announced it would eliminate 30,000 jobs at 12 facilities across the country by next year.

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No City cars for foremen on weekends

Several foremen employed by the City of Chateaugjuay were in the habit of retaining their City-owned vehicles on weekends even though they were not working. But City Council, directed by Mayor Sergio Pavone, has now put the brakes to this practice.

From now on, only foremen on watch duty to answer emergencies, such as an aqueduct break, will be able to use a City car on weekends, according to a new policy adopted by Chateauguay's elected officials on March 6.

"If a foreman is not on the job, he will have to leave his (or her) car with the municipality," Pavone emphasized.

Up to March 6, he recalled, the City had no policy regarding the use of its vehicles by its employees.

The measure is the result of fiscal considerations. When an employer furnishes a vehicle for an employee's own personal use, that represents a taxable benefit, the Mayor reminded.

Wednesday, May 2, 2007

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Basketball ShoeThe apparent confessions of Khalid Sheikh Mohammed to planning the September 11 attacks were today met with shock and scepticism in almost equal measure.

The alleged No 3 in al-Qaida has long been suspected of being the mastermind behind the 2001 attacks in America but, if true, Mr Mohammed's most recent admissions would confirm his as a man the US has described as "one of history's most infamous terrorists".

Mr Mohammed was arrested in Pakistan in 2003 and spent time in secret CIA prisons before being moved with 13 others to a maximum security compound at Guantnamo Bay last year.

His list of confessions, in which he places himself at the centre of al-Qaida plots spanning a decade, are contained in the transcript of a tribunal held behind closed doors at the Cuban camp.basketball nike presented shoes

Wednesday, April 25, 2007

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USA : Accessories for coming spring!

Basketball Shoe With the advent of spring, new horizons of fashion arrives but once you buy an accessory it can be used and reused for a long time. Accessories are multifunctional, they can renew any outfit.

Here are some updates for the coming spring season.

This season shoe are prepared to make a fashion statement with lucite heels, cork-soled platforms, high-heeled pumps in yellow, red, polka dot, striped and animal prints. You can also wear flats with shorts, skinny pants or the new wide-legged slacks.

Patent leather jacket is back to add oomph to an outfit. You can wear them over a dress, jeans, capris.

Wide belts worn at the waist made of washed silks and patent leather can bring a 'get up and go' look in you.

Gone are the days when handbags had larded studs, embroidery and accents.

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a safeguard for distressed homeowners, The Ohio Housing Finance Agency (OHFA) has pledged to provide refinancing for certain at-risk borrowers across their state.On April 2, 2007, the agency will officially unveil a refinancing program designed to help borrowers dealing with financial hardships such as job loss, divorce, or rising interest rates on adjustable-rate mortgages."We are aware of the detrimental effect of unaffordable monthly mortgage payments on the people of the State of Ohio," said Doug Garver, executive director. "The agency has worked diligently with our partners to develop a refinancing program that will address this issue. After helping over 100,000 families purchase their first residence, OHFA is determined to help other families continue to afford the place they call home."The agency says the program will offer 30-year fixed-rate loans and a 20-year fixed-rate second mortgage option at an amount up to four percent of the home's appraised value to assist with closing costs. D2C.

Tuesday, April 24, 2007

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Cashback is a sweet, melancholy comedy for rueful romantics that should have landed here to honour St. Valentine. But we'll happily take it in the name of St. Patrick.

This expanded feature-length version of the 2006 Oscar-nominated short film by hugely talented young British writer-director Sean Ellis deals with the unhappy consequences of being dumped by a girlfriend.

The question asked is, What is love, anyway? And while we're at it, What is beauty? As formulated by shoe-gazing art student Ben Willis (appealing Sean Biggerstaff, the Quidditch captain in the first two Harry Potter films), there is no easy answer.

Ben is in pain. One day he's thick as thieves with Suzy (Michelle Ryan). The next, she's ditched him for a bigger man on campus. Because he's a sensitive artist, he takes the news like a shaft to the heart. Buy-in-Home.

Monday, April 23, 2007

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Chunky Heels Are Leading Shoe Fashion Parade

This spring, don't worry too much if your toes are round or pointy, or whether you can start wearing light-colored leather: The big shoe stories of the season are about interesting materials and sculpted heels.

A couple of pairs of wood, cork, jute or raffia wedge sandals, plus a peep-toe pump and a jazzed-up ballet slipper will easily fast-forward your warm-weather wardrobe from last Labor Day to the present. Heel heights run the gamut but be warned - they're thicker than last year.
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Chunky Heels Are Leading Shoe Fashion Parade

This spring, don't worry too much if your toes are round or pointy, or whether you can start wearing light-colored leather: The big shoe stories of the season are about interesting materials and sculpted heels.

A couple of pairs of wood, cork, jute or raffia wedge sandals, plus a peep-toe pump and a jazzed-up ballet slipper will easily fast-forward your warm-weather wardrobe from last Labor Day to the present. Heel heights run the gamut but be warned - they're thicker than last year.
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Saturday, April 21, 2007

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