Chad Johnson, known to NFL and Dancing with the Stars fans as Chad Ochocinco, was arrested on Saturday night for allegedly head-butting his new wife.
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Source: http://pdxcabbie.blogspot.com/2012/08/speech-and-writing-are-related.html
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LONDON (Reuters) - Standard Chartered is pursuing a collective settlement with other U.S. authorities after speedily agreeing to pay $340 million to New York's financial regulator, who broke ranks with early revelations that the bank hid banned Iranian transactions.
Chief Executive Peter Sands, who cut short his holiday in Canada last week to deal with the affair, remains in the United States as the bank continues talks with other agencies to agree a comprehensive deal that removes lingering uncertainty.
"Negotiations are going on between the other agencies, and we are talking to them. It is safe to assume there will now be a collective agreement," the spokesman said, declining to put a timeframe on the process.
Shares in Standard Chartered were up 4.2 percent at 1,427 pence at 0945 GMT, still 9 percent below their value prior to accusations being made against the bank on August 6 by New York's Financial Services Superintendent Benjamin Lawsky.
Lawsky said Standard Chartered had hidden Iran-linked transactions with a total value of $250 billion and called it a "rogue institution" for breaking U.S. sanctions.
That prompted a robust defense from Sands against what he called Lawsky's "disproportionate" allegations, but the bank's shares lost over 30 percent of their value in 24 hours, ramping up the pressure on Standard Chartered to strike a deal.
"I think Standard Chartered wanted to settle because the share price had become destabilized," said one of the bank's 30 biggest investors. "Prior to that, I think they believed they had good legal grounds to resist a settlement of say under $200 million on the basis of the history of these cases."
The affair also took on a political dimension, with some British members of parliament suggesting it was part of a U.S. effort to undermine London as a financial centre.
Lawsky drew criticism from other regulators for jumping ahead of a two-year probe into the bank by the U.S. Treasury, the Federal Reserve, the Justice Department and New York prosecutors.
Britain's finance minister George Osborne made a series of phone calls to his U.S. counterpart last week expressing concern at the way details of the case came out.
Sands flew to New York on Sunday to take personal control of the negotiations ahead of a planned hearing with New York on Wednesday which has now been adjourned pending formal completion of the settlement.
Monday's settlement offered some relief to shareholders, but investors were quick to point out that Standard Chartered still had some way to go before closing the most regrettable chapter in its history.
"Don't forget about the other half of the fine - they haven't settled with the DoJ/OFAC yet," another of the bank's biggest 30 investors told Reuters, estimating a second financial hit of around the same size.
Shareholders remain broadly supportive of Sands.
"I don't think Peter Sands's reputation has been damaged much by the affair. The fact that his robust defense doesn't quite gel with the size of the fine would be the only real concern," said one of the bank's biggest 40 shareholders.
(Reporting by Matt Scuffham; Editing by Will Waterman)
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Seattle Mariners pitcher Felix Hernandez celebrates after throwing a perfect game against the Tampa Bay Rays, in a baseball game Wednesday, Aug. 15, 2012, in Seattle. (AP Photo/Ted S. Warren)
Seattle Mariners pitcher Felix Hernandez celebrates after throwing a perfect game against the Tampa Bay Rays, in a baseball game Wednesday, Aug. 15, 2012, in Seattle. (AP Photo/Ted S. Warren)
Seattle Mariners starting pitcher Felix Hernandez throws against the Tampa Bay Rays in the fourth inning of a baseball game, Wednesday, Aug. 15, 2012, in Seattle. (AP Photo/Ted S. Warren)
Fans in a special section for Seattle Mariners starting pitcher Felix Hernandez cheer and hold up "K" cards for strikeouts during a baseball game against the Tampa Bay Rays, Wednesday, Aug. 15, 2012, in Seattle. (AP Photo/Ted S. Warren)
Seattle Mariners pitcher Felix Hernandez reacts after throwing a perfect game to end the ninth inning of baseball game against the Tampa Bay Rays, Wednesday, Aug. 15, 2012, in Seattle. The Rays won 1-0. (AP Photo/Ted S. Warren)
Fans cheer above the scoreboard at Safeco Field after Seattle Mariners pitcher Felix Hernandez threw a perfect game in a 1-0 win over the Tampa Bay Rays in a baseball game, Wednesday, Aug. 15, 2012, in Seattle. (AP Photo/Ted S. Warren)
SEATTLE (AP) ? Seattle's Felix Hernandez has long talked of his desire to achieve pitching perfection. He finally accomplished it Wednesday against the Tampa Rays Rays.
It was the third perfect game in baseball this season ? a first ? joining gems by Chicago's Philip Humber in April and San Francisco's Matt Cain in June.
"I don't have any words to explain this," Hernandez said afterward, speaking on the field to the crowd. "I've been working so hard to throw one and today is for you guys."
Here are images from King Felix's perfect day.
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Source: http://www.thefinancialherald.com/?p=245436
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It appears that Dropbox is also tweaking its Android app to better suit the Nexus 7 and Jelly Bean. The cloud storage outfit made a recent build (2.1.8.6 to be exact) of its mobile software available for download as a sneak preview of sorts. A few fortunate subscribers got first dibs, but you can grab a look for yourself at the improvements. The tweaks include video thumbnails, improved video playback on both ICS and Jelly Bean, a Nexus 7-friendly UI and the ability to open Dropbox files directly from other applications. If you're jonesin' for a look, visit the source link below to do just that.
Filed under: Internet, Software
Dropbox Android preview shows off video thumbnails and Nexus 7 UI, yearns for your approval originally appeared on Engadget on Wed, 15 Aug 2012 10:34:00 EDT. Please see our terms for use of feeds.
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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/QSfVXLkSqAA/
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Remember what the experience of shopping for a gadget was like at big-box stores years ago? Whatever your actual needs were, the store clerks would invariably steer you towards whatever they were getting a commission to sell, or whatever scratched their personal itch. Why would you even go to a store if you knew you would never get an honest answer? The problem was bad enough for Apple in the 1990s, when Macs were often relegated to a dark corner alongside the Ethernet cables, that the company started up its own retail chain. It didn't get better for most of us until outlets like Best Buy backed off and sometimes made it a point to advertise commission-free staff. Today, while it's tough to completely escape personal bias and the occasional exception to the rule, it's more likely than not that a modern general electronics store will give you a decent shot at buying what you really want.
But just try buying a cellphone at a carrier store today.
Continue reading Editorial: Carriers, let customers choose their own phones
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Editorial: Carriers, let customers choose their own phones originally appeared on Engadget on Wed, 15 Aug 2012 17:00:00 EDT. Please see our terms for use of feeds.
Permalink | | Email this | CommentsSource: http://www.engadget.com/2012/08/15/editorial-carriers-let-customers-choose-their-own-phones/
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