Thursday, January 31, 2008

Teacher could face firing over giving test answers - Muskegon Chronicle - MLive.com

Teacher could face firing over giving test answers - Muskegon Chronicle - MLive.com: "'The guy should resign, retire and leave,' said Bill Bloemendaal, a retired teacher and a 12-year member of the West Ottawa board.
Bloemendaal, however, voted against trying to fire Nadolsky, noting tenure battles are lengthy and that the teacher would be paid during the fight. The board member feels Nadolsky could supervise a study hall or perform another school function."

Brits at their Best

Brits at their Best: "Sun's low magnetic activity may portend an ice age
The Canadian Space Agency’s radio telescope has been reporting Flux Density Values so low they will mean a mini ice age if they continue."

Detroit Mayor Pleads for Forgiveness

Detroit Mayor Pleads for Forgiveness

EU threatens to ban patio heaters - Times Online

EU threatens to ban patio heaters - Times Online: "A vote in Brussels today is expected to call on the European Commission to abolish the heaters to help to tackle climate change. Such a move could cost the pub and catering trade dear"

My Way News - Super Bowl Could Be Heart Health Hazard

My Way News - Super Bowl Could Be Heart Health Hazard

Rivals.com College Football - LSU far from most disputed champion

Rivals.com College Football - LSU far from most disputed champion

Wednesday, January 30, 2008

Bloomberg.com: Worldwide

Bloomberg.com: Worldwide: "MBIA Inc. and Ambac Financial Group Inc., the two largest bond insurers, may each lose $11.6 billion on guarantees of mortgage-linked debt and other securities, according to hedge fund manager William Ackman.
The losses were calculated using a model supplied by an unnamed investment bank, and the findings were sent in a letter to the Securities and Exchange Commission and New York Insurance Superintendent Eric Dinallo. Ackman, a managing partner of Pershing Square Capital Management LP, began questioning MBIA's AAA rating in 2002. He has trades set up that would profit from a decline in the price of the shares and bonds of MBIA and Ambac.
Ackman, 41, stepped up his attack by posting on the Internet a list of asset-backed collateralized debt obligations and other securities guaranteed by MBIA and Ambac that allows others to craft their own loss predictions. Ackman said the unnamed bank provided details on many of the securities, not all of which have been disclosed by the companies.
``Up until this point in time, the market and the regulators have had to rely on the bond insurers and the rating agencies to calculate their own losses in what we deem a self-graded exam,'' Ackman said in a statement preceding release of the letter. ``Now the market will have the opportunity to do its own analysis.''"

Bloomberg.com: Worldwide

Bloomberg.com: Worldwide: "MBIA Inc. and Ambac Financial Group Inc., the two largest bond insurers, may each lose $11.6 billion on guarantees of mortgage-linked debt and other securities, according to hedge fund manager William Ackman.
The losses were calculated using a model supplied by an unnamed investment bank, and the findings were sent in a letter to the Securities and Exchange Commission and New York Insurance Superintendent Eric Dinallo. Ackman, a managing partner of Pershing Square Capital Management LP, began questioning MBIA's AAA rating in 2002. He has trades set up that would profit from a decline in the price of the shares and bonds of MBIA and Ambac.
Ackman, 41, stepped up his attack by posting on the Internet a list of asset-backed collateralized debt obligations and other securities guaranteed by MBIA and Ambac that allows others to craft their own loss predictions. Ackman said the unnamed bank provided details on many of the securities, not all of which have been disclosed by the companies.
``Up until this point in time, the market and the regulators have had to rely on the bond insurers and the rating agencies to calculate their own losses in what we deem a self-graded exam,'' Ackman said in a statement preceding release of the letter. ``Now the market will have the opportunity to do its own analysis.''"

My Way News - Planet Mercury Is Shrinking, Volcanic

My Way News - Planet Mercury Is Shrinking, Volcanic: "The first pictures from the unseen side of Mercury reveal the wrinkles of a shrinking, aging planet with scars from volcanic eruptions and a birthmark shaped like a spider."

Ice Chewers Bulletin Board - All about Chewing Ice :: Index

Ice Chewers Bulletin Board - All about Chewing Ice :: Index

My Way News - Forbes: Madonna Richest Woman in Music

My Way News - Forbes: Madonna Richest Woman in Music: "Madonna is the richest woman in music.
The 49-year-old entertainer leads Forbes.com's list of the top 20 'Cash Queens of Music,' earning $72 million between June 2006 and June 2007.
The pop star's 'Confessions' world tour pulled in $260 million, Forbes said. She also made money from album sales, her fashion line with H&M and a deal with NBC to broadcast her concert performance at London's Wembley Stadium.
Forbes.com said it compiled the list by examining concert grosses, merchandising revenue, album sales and other revenue from clothing lines, fragrance deals and endorsements.
Barbra Streisand is No. 2 with $60 million, thanks to her comeback tour of North America and Europe.
Celine Dion ranks third with $45 million, largely from her successful 'A New Day' show in Las Vegas, which she wrapped up in December after a five-year engagement at Caesars Palace.
Shakira is fourth with $38 million, followed by Beyonce ($27 million), Gwen Stefani ($26 million), Christina Aguilera ($20 million), Faith Hill ($19 million), the Dixie Chicks ($18 million) and Mariah Carey ($13 million).
Hilary Duff, Avril Lavigne and Martina McBride each banked $12 million.
Britney Spears ranked 14th on the list, earning $8 million from music royalties and sales of her fragrances with Elizabeth Arden.
Spears is followed by Carrie Underwood and Nelly Furtado ($7 million each); Fergie, Jennifer Lopez and Sheryl Crow ($6 million each); and Norah Jones ($5.5 million)."

Wash. to Fix Aerospace Worker Shortage: Financial News - Yahoo! Finance

Wash. to Fix Aerospace Worker Shortage: Financial News - Yahoo! Finance: "Gov. Chris Gregoire said Tuesday that she and state House and Senate leaders will try to add $3 million to this year's budget for aerospace and technology apprenticeship programs.
Speaking at a union hall packed with machinists, Gregoire said that during recent visits to suppliers in Eastern Washington, executives told her they're faced with a troubling shortage of skilled workers."

FOXNews.com - Human Tongue Accidentally Served Up in Hospital - Health News | Current Health News | Medical News

FOXNews.com - Human Tongue Accidentally Served Up in Hospital - Health News Current Health News Medical News: "A human tongue has been served up in a hospital canteen's chicken risotto — and bosses reckon it was accidentally dropped into the food by a doctor.
Slovenian officials are investigating after a doctor complained about a strange piece of meat on his plate.
Ananova.com revealed the doctor insisted it was not chicken and after some intense bickering it was sent away for tests — and found to be part of a human tongue.
Inspectors have closed the canteen in Izola, southern Slovenia, to review hygiene standards.
Bosses believe a doctor could have unwittingly dropped the tongue in the food after treating a patient.
A hospital spokesman insisted: 'I can say clearly that we have never used patients' parts in any of our dishes.'"

FOXNews.com - Illinois Bicyclist Tased After Running From Police - Local News | News Articles | National News | US News

FOXNews.com - Illinois Bicyclist Tased After Running From Police - Local News News Articles National News US News: "Rivera was charged with resisting arrest, riding a bicycle without proper lighting, riding under the influence of alcohol and use of false citizenship/government documents."

Lou Dobbs alert: Illegal immigrants may get rebates - The Crypt's Blog - Politico.com

Lou Dobbs alert: Illegal immigrants may get rebates - The Crypt's Blog - Politico.com: "In their bipartisan zeal to quickly cut a deal on an economic stimulus bill, GOP lawmakers overlooked something that will certainly inflame the conservative base _ illegal immigrants could receive a tax rebate check from the government."

Left-turn lights will flash yellow soon - Michigan News, Updates, Photos & Video | Detroit, Lansing - MLive.com

Left-turn lights will flash yellow soon - Michigan News, Updates, Photos & Video Detroit, Lansing - MLive.com: "In the name of safety, the federal government has issued a mandate to do away with those familiar blinking reds for left turns and replace them with a four-phase system of left-turn arrows."

reason.tv - Videos > Global Warming: Risks and Consequences

reason.tv - Videos > Global Warming: Risks and Consequences

Extreme Mortman » It All Depends On What The Definition Of Pledge Is - Just When You Thought it Was Safe to Take Politics Seriously Again

Extreme Mortman » It All Depends On What The Definition Of Pledge Is - Just When You Thought it Was Safe to Take Politics Seriously Again: "Clinton coldly and knowingly lied to New Hampshire and Iowa. Her promise was not a vague statement. It was a signed pledge with a clear and unequivocal meaning."

Pajamas Media: Drunkblogging the Florida Primary

Pajamas Media: Drunkblogging the Florida Primary: "Get ready to see a slew of McCain/Giuliani bumper stickers at the Republican convention, if not sooner."