US TARP cases set to continue

first_img US TARP cases set to continue The US Treasury’s $700bn bailout fund officially expires in two weeks, but Neil Barofsky, the top cop for the Troubled Asset Relief Programme, is still hard at work. He is hiring new staff and opening four regional branch offices to pursue TARP-related fraud cases and monitor remaining taxpayer investments for years to come. Barofsky, the TARP Special Inspector General, said his office staff, now numbering around 140, is expected to reach a previously stated goal of 160 in coming months and may go beyond that. whatsapp whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Sharecenter_img Sunday 19 September 2010 10:52 pm KCS-content Show Comments ▼ Tags: NULLlast_img read more

Asset sales lift AIG profit

first_img KCS-content Tags: NULL Share whatsapp Bailed-out insurer American International Group (AIG) earned $11.2bn (£6.94bn) in the fourth quarter on asset sales, but charges to expand its reserves for old asbestos claims pushed its underlying operations into another loss.AIG, which was literally minutes from collapse in the fall of 2008, survived thanks to a $182bn government bailout and the divestiture of major international insurance units like Alico and AIA to remain in business.The company, led by chief executive Bob Benmosche, is hoping to begin repaying taxpayer funds with the help of an upcoming stock sale worth at least $15bn, following in the footsteps of other bailout recipients like Citigroup and General Motors.AIG’s global property insurance business Chartis, one of the key units on which it is staking its future as a private company, lost $4bn in the quarter on those asbestos reserve charges, which had been previously announced. AIG said it earned $11.18bn, compared with a year-earlier loss of $8.87bn. The profit in the most recent quarter included a one-time net gain of more than $16bn on asset sales. AIG had said in November it would record a “material gain” on the sale of Alico to MetLife. Thursday 24 February 2011 9:08 pm More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com whatsapp Show Comments ▼ Asset sales lift AIG profit last_img read more

Esports Entertainment hands strategic role to Bough

first_img Topics: Casino & games Esports Sports betting Video gaming Esports Entertainment Group has appointed Geoff Bough as a strategic advisor Esports Entertainment hands strategic role to Bough Subscribe to the iGaming newsletter Tags: Online Gambling Video Gaming Casino & gamescenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 7th June 2018 | By contenteditor Email Address Esports Entertainment Group has appointed Geoff Bough as a strategic advisor. Bough has a background in online gambling across both the esports and sports betting sectors. Since May 2017, Bough has been vice-president of marketing and partnerships at DRAFT, a subsidiary of Paddy Power Betfair. Bough also had a spell as head of business development at FanDuel from 2010 to 2016 and currently serves as an advisor to artificial intelligence esports audience monetisation platform FanAI. “With the combination of the huge growth in esports and the recent fall of the Professional and Amateur Sports Protection Act (PASPA), we’re in an exceptionally unique time period where Esports Entertainment Group can take advantage of what will be a burgeoning esports betting landscape,” Bough said. “I look forward to helping Esports Entertainment Group make the most of this opportunity.” Grant Johnson, chief executive of Esports Entertainment Group, added: “We are excited Geoff has joined our team; the timing of his appointment could not be better given the recent Supreme Court decision regarding online gambling in the US. “His insights and connections into the American esports wagering market will be of significant value to the company now that the US market has opened up.”Related article: Esports Entertainment links up with PartnerMatrixlast_img read more

New Zealand’s RITA confirms executive team appointments

first_img New Zealand’s Racing Industry Transitional Authority (RITA) has announced the appointment of Jessica Meech and Sam Moncur to its executive leadership team (ELT). 25th February 2020 | By contenteditor New Zealand’s RITA confirms executive team appointments New Zealand’s Racing Industry Transitional Authority (RITA) has announced the appointment of Jessica Meech and Sam Moncur to its executive leadership team (ELT).Meech, currently head of risk and regulatory affairs for the horse racing body, will take up the role of general counsel on the organisation’s ELT.Moncur, who has been serving as its head of media operations and commercial development at RITA, will serve as the ELT’s new general finance manager.“Our ELT values diversity of thought and leadership, and Meech and Moncur’s skills and understanding of the business and its people will be invaluable as full participating members of the ELT – particularly as we transition to, and become, TAB NZ,” RITA said.The double ELT appointment comes after RITA last month admitted concerns that the New Zealand Racing Industry Bill does not offer enough flexibility for the roll-out of new betting products.Should the bill pass into law, RITA would evolve into TAB NZ, but the transitional body said the proposed structure “is not yet where it needs to be”. However, the organisation did also reveal that a bill regulating online gambling may be in the works.In November last year, RITA also published mixed financial results, reporting that though it failed to hit profit targets in its 2018-19 fiscal year, its performance in the current year was ahead of expectations.Revenue fell 3.1% year-on-year to NZD$348.0m (£169.6m/€202.9m/$219.9m) in the year ending 31 July 2019, but total turnover was up 1.2% to $2.77bn.Combined expenses from both turnover and operating costs came to $211.3m, down 0.9% from 2017-18. This resulted in a net profit before distributions of $136.7m, down 6.3% year-on-year.However, RITA also revealed that turnover and profit for the year-to-date were both ahead of initial expectations, with profit NZD$2.9m ahead of budget. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Race Track and Racino Horse racing Subscribe to the iGaming newsletter Regions: Oceania New Zealand Email Address Topics: People Sports betting Strategy Horse racinglast_img read more

Letshego Holdings Limited (LETSHE.bw) 2012 Abridged Report

first_imgLetshego Holdings Limited (LETSHE.bw) listed on the Botswana Stock Exchange under the Investment sector has released it’s 2012 abridged results.For more information about Letshego Holdings Limited (LETSHE.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Letshego Holdings Limited (LETSHE.bw) company page on AfricanFinancials.Document: Letshego Holdings Limited (LETSHE.bw)  2012 abridged results.Company ProfileLetshego Financial Services Botswana is regulated financial services institution that offers products and solutions for the low- to middle-income sector in Botswana. The company was established in 1998 as Micro Provident Botswana Limited but now operates as a member of the Letshego Group. Letshego Financial Services Botswana is primarily focused on providing financial solutions to individuals who are formally employed by the government of Botswana, parastatals and the private sector. A subsidiary division offers microfinance and savings solutions to individuals generating income in the informal sector. Letshego Financial Services Botswana is able to cater to both sectors by providing simple, appropriate and accessible solutions that are competitively priced. The company was able to diversify its offering through the acquisition of Micro Africa Limited in East Africa, allowing it to provide loans to micro and small enterprises, collective groups and low- to middle-class earners. The company has a presence in 11 countries across southern, east and west Africa; Botswana, Ghana, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Swaziland, Tanzania and Uganda.last_img read more

I&M Holdings Limited (IMH.ke) Q12020 Interim Report

first_imgI&M Holdings Limited (IMH.ke) listed on the Nairobi Securities Exchange under the Industrial holding sector has released it’s 2020 interim results for the first quarter.For more information about I&M Holdings Limited reports, abridged reports, interim earnings results and earnings presentations visit the I&M Holdings Limited company page on AfricanFinancials.Indicative Share Trading Liquidity The total indicative share trading liquidity for I&M Holdings Limited (IMH.ke) in the past 12 months, as of 1st June 2021, is US$9.63M (KES1.05B). An average of US$802.37K (KES87.24M) per month.I&M Holdings Limited Interim Results for the First Quarter DocumentCompany ProfileI&M Holdings Limited (I&M Bank Group) is a financial services institution providing products and services for the personal, commercial and corporate sectors in Kenya, Tanzania, Rwanda, Uganda and Mauritius. Its product offering ranges from transactional accounts, home and car loans and overdraft and term loans to e-commerce payment and salary processing services, trade finance and insurance premium financing services I&M Bank Group also provides services for foreign exchange, fund transfers, tax payment, bancassurance and agency banking. Its investment management division offers securities accounts and fiduciary services and facilitates the purchase and sale of securities from the stock market and invests in government securities. Its asset finance division caters for personal and corporate clients and covers vehicle and machinery purchases and cash management services. Its head office is in Nairobi, Kenya. I&M Holdings Limitedlast_img read more

Wilson makes first start of the season against Harlequins

first_imgThe only other change comes in the back line, with Dan Hipkiss returning to the starting line-up and partnering Matt Carraro in the centres. Tom Biggs and Olly Woodburn feature on the wings with Nick Abendanon completing the line-up at full-back. QUEENSTOWN, NEW ZEALAND – SEPTEMBER 13: David Wilson runs with the ball during an England IRB Rugby World Cup 2011 training session at Queenstown Events Centre on September 13, 2011 in Queenstown, New Zealand. (Photo by David Rogers/Getty Images) LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Bath Starting XV:15. Nick Abendanon14. Olly Woodburn13. Dan Hipkiss12. Matt Carraro11. Tom Biggs10. Sam Vesty9. Michael Claassens1. Nathan Catt2. Lee Mears3. David Wilson4. Stuart Hooper (c)5. Dave Attwood6. Ben Skirving7. Francois Louw8. Simon TaylorReplacements:16. Ross Batty17. Charlie Beech18. Anthony Perenise19. Ryan Caldwell20. Guy Mercer21. Chris Cook22. Tom Heathcote23. Jack Cuthbert Dave Wilson returns from England duty to start for BathBath Rugby make just three changes to the starting line-up to run out against Harlequins tomorrow at the Recreation Ground (kick-off 2.15pm) to that which secured victory over London Irish last weekend.David Wilson comes into the front row to make his first start of the season, with Anthony Perenise taking his place on the bench. Nathan Catt and Lee Mears make up the remainder of the front row. Stuart Hooper and Dave Attwood both continue in the engine room.Further back in the pack, Francois Louw returns on the openside, joining Ben Skirving and Simon Taylor in the back row. Sam Vesty and Michael Claassens continue their half-back partnership at fly-half and scrum-half respectively.last_img read more

Kickball tournament raises money to kick out cancer

first_imgTwitter + posts Previous articleEducation double major program gains popularityNext articleArlington Heights pitcher joins high school record books Jake Foote RELATED ARTICLESMORE FROM AUTHOR printKicking out cancer.That was the aim of the sixth annual Gold Ribbon Games Kickball Tournament held Sunday, April 10 at the Benbrook Baseball Complex.The event was hosted by the Rutledge Foundation, a non-profit organization dedicated to raising money for research of sarcoma.Sarcoma is a rare form of cancer that is mostly found in young adults.Laura Rutledge started the Rutledge Foundation in 2011 after her daughter, Carley, was diagnosed with stage IV Ewing’s sarcoma. The Rutledge family was moved to action by the disturbing fact that no advancements had been made in sarcoma treatment in 30 years.“We felt it was time for us to carry the torch,” said Rutledge. “Not just for our daughter, but for the next child that is diagnosed.According to the Rutledge Foundation, 72,000 young adults are diagnosed with sarcoma each year and there had been no change in cure rates or treatment options in the 30 years prior to 2011.“We need to find those innovative biotech companies that are willing to find alternative, less harmful ways of treating diseases like sarcoma,” said Rutledge.While the foundation does focus on finding new treatment options for sarcoma specifically, their secondary goal is to meet the needs of all young adult cancer patients.In order to reach this goal, the foundation has begun holding events like the kickball tournament last weekend, giving community members an opportunity to participate or donate in honor of the cause.The tournament featured 30 teams whose registration fees went to the Rutledge Foundation and several other community sponsors that either made donations or provided services to help facilitate the event. Several Greek organizations from TCU participatedThe event even featured a special co-chairman, TCU quarterback Bram Kohlhausen.Kohlhausen and his sidekick, SuperFrog, were on hand for the event to mingle with fans and participants. A variety of memorabilia signed by Kohlhausen, including a TCU football helmet, was raffled off at the event.“It was very important to me to give back by raising funds and awareness for young adult cancer,” said Kohlhausen.Kohlhausen felt especially moved to work with the Rutledge Foundation after his father passed away from colon cancer in 2015.The next step for the Rutledge Foundation is to try and get more college students involved, especially since the foundation is fighting diseases that affect that age group.Grant Rutledge, a first-year student at TCU and board member of the Rutledge Foundation, says he hopes to get more people on campus involved in spreading awareness for young adult cancer.“This year I started spreading the word to people I met through Greek life,” said Rutledge. “Next year, I want to keep building on that and expand awareness to as many people and groups on campus as I can.”Both Laura and Grant Rutledge hope to start a TCU-oriented version of the Gold Ribbon Games and hope to participate in this year’s Frogs For The Cure campaign, which has recently changed to incorporate all types of cancer research.The Rutledge Foundation’s next event will be a Young Adult Night at Globe Life Park June 12. Abortion access threatened as restrictive bills make their way through Texas Legislature Jake Footehttps://www.tcu360.com/author/jake-foote/ Facebook ReddIt Safety Net: Fort Worth nonprofit empowers people in poverty Jake Footehttps://www.tcu360.com/author/jake-foote/ Grains to grocery: One bread maker brings together farmers and artisans at locally-sourced store Jake Footehttps://www.tcu360.com/author/jake-foote/ ReddIt Fit Worth Corporate Challenge encourages fitness in the community Jake Footehttps://www.tcu360.com/author/jake-foote/ Twitter GOP voters in Tarrant County set record for first-day voter turnout Facebook Linkedin Linkedin Jake Foote Fort Worth set to elect first new mayor in 10 years Saturday UIL recognizing cheerleading as a sport, adhering to stricter concussion guidelineslast_img read more

SC Warns About Sobering Lessons Learnt From Our Not-Too-Distant History Of Emergency Era [Read Judgment]

first_imgTop StoriesSC Warns About Sobering Lessons Learnt From Our Not-Too-Distant History Of Emergency Era [Read Judgment] LIVELAW NEWS NETWORK1 Oct 2020 11:23 PMShare This – xThe Supreme Court, in its judgment quashing Gujarat Government notification extending work hours under Factories Act without overtime pay, has discussed constitutional provisions about ‘public emergency’ and ‘security of the state’ .The Court noticed Article 352 of the Constitution, prior to its amendment by the Constitution (Forty-fourth Amendment) Act, 1978, which read as follows: If…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Supreme Court, in its judgment quashing Gujarat Government notification extending work hours under Factories Act without overtime pay, has discussed constitutional provisions about ‘public emergency’ and ‘security of the state’ .The Court noticed Article 352 of the Constitution, prior to its amendment by the Constitution (Forty-fourth Amendment) Act, 1978, which read as follows: If the President is satisfied that a grave emergency exists whereby the security of India or of any part of the territory thereof is threatened, whether by war or external aggression or internal disturbance, he may, by Proclamation, make a declaration to that effect. The powers under original Article 352 have been invoked thrice by the President to declare an emergency, the court noted as follows:” An emergency was declared for the first time in 1962 due to the Chinese aggression on Indian territory. The emergency was revoked in 1968. In 1971, when hostilities broke out with Pakistan, an emergency was proclaimed by the President on the ground that the security of India was threatened by external aggression. While this proclamation was in force, another proclamation was issued by the President on 25 June 1975 declaring that a “grave emergency exists whereby the security of India is threatened by ‘internal disturbance’.” Both these proclamations were revoked in March 1977.”The bench then observed that Forty fourth amendment to the Constitution sought to limit recourse to emergency powers under Article 352 to prevent their abuse. Vide the said amendment, the expression “internal disturbance” was replaced with “armed rebellion” and a proclamation of emergency now cannot be issued on a mere internal disturbance and must reach the threshold of an armed rebellion threatening the security of India, the court added. Justice DY Chandrachud, who authored the judgment, remarked:”The Parliamentary amendments to Article 352 are the product of experience: experiences gained from the excesses of the emergency, experiences about the violation of human rights and above all, experiential learning that the amalgam of uncontrolled power and unbridled discretion provide fertile conditions for the destruction of liberty. The sobering lessons learnt from our not-too-distant history should warn us against endowing a statute with similar terms of a content which is susceptible of grave misuse”On the scope of Article 352 post amendment, the bench further observed:”The expression ‘internal disturbance’ must be interpreted in the context in which it is used. Under Article 352, an internal disturbance must be of the order of an armed rebellion threatening the security of India to proclaim an emergency. Similarly, in order to sustain a valid exercise of power under Article 356 on the ground of an internal disturbance, it must be of such a nature as to disrupt the functioning of the constitutional order of the State; in other words, it must be of such a nature that the government of a state cannot be carried on in accordance with the Constitution. ” While discussing the phrase “security of India”, the judge noticed that a 1950 judgment, in Romesh Thapar vs. State of Madras (six judge bench) has observed that the concept of ‘security of State’ is narrower than that of ‘public order’.  Case name:  Gujarat Mazdoor Sabha vs. State of GujaratCase no. :Writ Petition (Civil) No. 708 of 2020Coram: Justices DY Chandrachud Indu Malhotra and KM JosephCounsel: Sr. Adv Sanjay Singhvi, Adv Aparna Bhat, for petitioners;  Adv Deepanwita Priyanka for StateClick here to Read/Download JudgmentRead Judgment Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

Make skills gap a priority NTOs tell Livingstone

first_imgEmployers are calling on London Mayor Ken Livingstone to put the capital’sskills gaps at the top of his agenda.National training organisations, the employer-run bodies responsible foridentifying sector skills needs, want him to commit to working with them.Skillset, the NTO for the broadcast, film and video sector, is calling for Livingstoneto oversee the five learning and skills councils being set up in the capital toensure they work together.Of the 50,000 people working in broadcast, film and video 85 per cent workin the capital. The industry contributes £6bn a year to London’s economy.Skillset communications director Gary Townsend said, “There is a dangerthe learning and skills councils could be preoccupied with their own areas whenthe problem is London-wide. “The mayor should co-ordinate the working of the councils to providecoherence.”NTO national council chairman Garry Hawkes said, “Without investment inthe skills of the workforce, gaps which currently exist will become morewidespread, making companies less competitive and threatening jobs.” Related posts:No related photos. Make skills gap a priority NTOs tell LivingstoneOn 9 May 2000 in Personnel Today Previous Article Next Article Comments are closed. last_img read more