PURE LUXURY Headline Animator

PURE LUXURY

Translate

Baggage handlers to strike at Easter

 

Baggage handlers at Stansted Airport are to strike over Easter in a row over pay, the GMB union announced today. The move follows an overwhelming vote in favour of industrial action by 150 GMB members employed by Swissport after the union claimed that shift changes would lead to wage cuts of up to £1,000. The GMB said strikes will be held on Good Friday, Easter Saturday and Easter Monday, threatening disruption to passengers flying on holiday for the holiday break. GMB official Gary Pearce said: "GMB members have voted overwhelmingly for strike action and for action short of a strike. "Up to now the company has been intent on imposing these changes without agreement and this is completely unacceptable, as this vote shows. "GMB has offered several alternative shift patterns and working arrangements but the company refuses to listen so far. "I have notified Swissport of the ballot result and I have asked them for more talks to try to avert action over these pay cuts. "GMB members consider that Swissport is attempting to make savings at their expense and they are not willing to agree to this. "Unless there is urgent talks and a settlement, this vote for action this will result in disruption over the Easter Bank Holiday weekend. "The travelling public need to be aware that it has been this aggressive move by Swissport to cut our members pay at a time of high inflation that has led to this strike vote. "If the strike goes ahead, Swissport is entirely to blame for the disruption."

A Nation 'Addicted' To Statins...


Dear Reader,

In the UK alone, more than 7 million people are taking cholesterol-lowering statins. This is extremely worrying when you consider the damage these over-prescribed drugs can inflict, with side effects ranging from liver dysfunction and acute renal failure to fatigue and extreme muscle weakness (myopathy).

Slowly tearing us apart

Even more concerning are the side effects that crop up after long-term use, which are often not linked to statins. For example, one study monitored the symptoms of 40 asthma patients for a year. 20 of these patients started statins at the outset of the study, while the remaining 20 did not.

The results showed that those patients on statins used their rescue inhaler medications 72 per cent more often than they had at the start of the study, compared to a 9 per cent increase in those who were not taking statins. The researchers also reported that patients taking statins had to get up more frequently at night because of their asthma and also had worse symptoms during the day...

Worsening asthma symptoms is just the beginning. More recent research has linked statins with an increased risk of developing type 2 diabetes, depression, Alzheimer's disease and dementia.

Still, doctors are very quick to reach for their prescription pads and push these drugs. There appears to be an unofficial (but widely practiced) 'statins for all' approach... especially if you are aged 50 and over.

Luckily, some mainstreamers are slowly catching on to what we've been saying for nearly a decade. In 2011, research published in the Archives of Internal Medicine drew attention to the fact that there is inadequate medical data available that proves the benefits of statins, and that many studies fail to acknowledge the most commonly reported adverse effects of statins.

The fact remains (and your doctor may still deny this) that in total, statins cause serious damage in about 4.4 per cent of those taking them, in comparison to the 2.7 per cent statin users benefiting from them... and it looks as if this message is finally getting through to medical authorities.

A case in point is simvastatin or Zocor. After being on the market for almost 3 decades and causing havoc and distress with its horrendous side effects, the American Food and Drug Administration (FDA) finally issued a warning about the use of this drug... saying that even the approved dosage can harm or even kill you!

Yep! Kill you!

All well and good

It's all fair and well and good that the FDA flagged this warning, but what's the point if doctors continue to prescribe these drugs left, right and centre?

Professor Sarah Harper, director of Oxford University's institute of population ageing, recently said that the UK's "love affair" with prescription medicine, shows how people choose to pop pills rather than follow a healthy lifestyle.

She cited the widespread use of statin drugs to 'help' protect against heart disease and lower cholesterol, instead of eating healthily, quitting smoking, reducing alcohol intake and taking regular exercise.

By all means, I applaud Prof Harper for pushing the message that living a healthy life plays a big part in preventing disease, but why blame patients for being a bunch of pill poppers when doctors hand out drugs with reckless abandon... and recommend taking preventative drugs to ever younger age groups. So in fact, the white coats should be labelled as Big Pharma's drug pushers, because they're part of the problem... especially considering that so many people put their entire trust in their doctor and would never dream of questioning their advice. Most people take what they say as gospel.

Then there's the media, inundating Joe Public with inflammatory headlines like: 'Statins could help fight breast cancer' or 'Statins can prevent infections like pneumonia'... Not to mention their reporting on botch studies showing the 'unintended benefits' of statins, like their potential to prevent pneumonia, combat diabetes, reduce the risk of oesophageal cancer, breast cancer and prostate cancer — all of these so-called benefits are of course not yet proven, and highly unlikely. Still, they reach the front pages!

So, yes we might have turned into a pill popping public, but it's the mainstream and the media that have created this monster all with the help and backing of the puppet master: Big Pharma. Because as you and I know all too well, it's all about the money. 

Two police officers were injured in a shoot-out in Toulouse on Wednesday with a gunman claiming links to al Qaeda


Two police officers were injured in a shoot-out in Toulouse on Wednesday with a gunman claiming links to al Qaeda and who is believed to responsible for the killing of four people at a Jewish school and three soldiers in southwest France. Interior Minister Claude Gueant said that the 24-year-old man had made several visits to Afghanistan and Pakistan and had said that he was acting out of revenge for France’s military involvement overseas. “He claims to be a mujahideen and to belong to al Qaeda,” Gueant told journalists at the scene of the siege. “He wanted revenge for the Palestinian children and he also wanted to take revenge on the French army because of its foreign interventions,” Gueant said. Heavily armed police in bullet-proof vests and helmets cordoned off the residential area where the raid was taking place, in a suburb a few kilometres from the Ozar Hatorah Jewish school where Monday’s shootings took place. Reuters witnesses at the scene heard several shots at about 04:40 a.m. British time. Gueant said that police were also talking to the brother of the gunman, who is a French citizen from Toulouse. Police sources told Reuters that a man had been arrested earlier on Wednesday at a separate location in connection with the killings. The gunman’s mother had also been brought to the scene of the siege in a northern suburb of Toulouse to help with negotiations, Gueant said. “Negotiations with the suspect are ongoing, gunfire has been exchanged,” the minister said. He said that France’s President Nicolas Sarkozy had been informed of the situation at 03:00 a.m. (02:00 a.m. British time), when the raid began. Authorities believe that the gunman in Monday’s school shooting is the same person responsible for killing three soldiers of North African origin in two shootings last week in Toulouse and the nearby town of Montauban. The same Colt 45 handgun was used in all three attacks and in each case the gunman arrived on a Yamaha scooter with his face hidden by a motorcycle helmet. The killings come just five weeks before the first round of France’s presidential elections in which immigration and Islam have been major themes as Sarkozy seeks to win over voters from far-right leader Marine Le Pen.

Shoot-Out In Raid Sees Police Injured

 

French police are engaged in a siege with a man they are reportedly "confident" was responsible for the killings of seven people in the south west of the country. Two elite officers reportedly suffered minor injuries during a shoot-out with suspects in the ongoing pre-dawn raid in the Croix-Daurade district of the city of Toulouse. AFP news agency - which said up to six shots were heard in the raid - is reporting that police believe the gunman responsible for three attacks that killed three children, a rabbi and three soldiers is inside the target building. Four people were killed during the shootings at Ozar Hatorah school A source linked to the probe also told the news agency that a man claiming to be linked to al Qaeda was holed up in the building. The agency said the suspect being sought was 24 and had previously travelled to the border area between Pakistan and Afghanistan, which has been known to house al Qaeda safehouses. French news channel BFM TV said the suspects were linked to an Islamist group which it identified as Forsane Alizza. Sky News' Robert Nisbet, in Toulouse, said: "We know that someone is inside the building. It could one person, it could be more than one person. "I understand this is a relatively poor suburb of Toulouse. Obviously, there is an intense pressure on French police to solve this crime." The killings atOzar Hatorah Jewish school on Monday followed the shootings of four soldiers - three of them fatal - in two attacks over the previous eight days. All three of the soldiers killed were of North African descent. All of the attacks were apparently carried out by an assailant using the same gun and scooter. The victim's backgrounds had led to fears the killer was specifically targeting members of minority communities. Chief prosecutor in Paris, Francois Molins, who is monitoring the investigation in Toulouse, had warned there could well be more killings. "At this stage, everything is being done to identify, find and stop the perpetrator, of these three killings as fast as possible," he said. "In these exceptional circumstances, I think it is obvious that we are up against an extremely determined individual, who knows he's being hunted, who could strike again."

800 'jet-set' extras needed

 

Oscar-nominated director Danièle Thompson is looking for 800 men and women to play Saint Tropez’s jet-set elite in her new feature-length production. So if you are keen to be on the big screen, head to Cogolin next week for your chance to be in the limelight! Thompson’s up and coming film ‘People who kiss’ (Des gens qui s’embrassent) needs an extras cast made up of almost one thousand men and women between the ages of 18 and 65. “Sexy, fashionable, elegant... that’s what we’re looking for,” said Thompson, who assures that previous experience isn’t necessary. Over five days of casting, Thompson and her team will whittle down an expected 3,000 applicants to just 800, who will make up the audience of a classical music concert. To register for auditions, head to the Maurin des Maures culture centre in Cogolin from Monday 26th until Thursday 29th. The selection process will begin on Saturday at 10am. All you need to do is turn up looking fabulous! The two days of filming are scheduled to take place sometime between 21st May and 8th June this summer.

5 Top Ways Stars Lose All Their Cash

Last week Gary Busey passed a mandatory online financial management course in an attempt to convince a U.S. Bankruptcy court he'll start sensibly managing his money.  The veteran actor recently filed for Chapter 7 bankruptcy. But in Hollywood, going broke is just about as as common as a leaked nude photos; just ask Toni Braxton, Larry Wilcox, Vince Neil, Mike Tyson, and Stephen Baldwin, all of whom have recently filed for bankruptcy. Not to mention Zsa Zsa Gabor’s husband, who was forced to put their Bel Air mansion on the market last year to pay the ailing star’s medical bills; Wesley Snipes, who was imprisoned for three tax-related misdemeanor convictions; and Nicolas Cage, who lost one of his homes to foreclosure and has been plagued by IRS issues. So how is it that some of the most well-paid people on the planet can end up with next to nothing? We talked to financial management experts and they ticked off the top five ways rich celebs lose it all (or close to it). 5. They have no idea how money management works.  “Most celebrities have extremely creative minds. But in my experience, the most creative folks tend not to want to spend time dealing with business issues,” tax and business expert Joseph M. Doloboff, Partner at Blank Rome LLP in Los Angeles told FOX411’s Pop Tarts column. But don’t famous folks hire financial planners and business managers to take good care of their millions? “Most of them do, but at the end of the day, these accounts are still in a celebrities’ name, which gives them ultimate control over their wealth,” said Certified Financial Counselor for Financial Advice for the Artist, Erin Elizabeth Burns. Which can mean big spending, big mistakes and… 4. Bad advice.  Pete Krainik, Founder and CEO of The CMO Club, a networking resource for top marketing executives, noted that some celebrities do not have the skill sets to identify and determine the right business/financial managers for their needs. “Because they don’t think of themselves as brands, they don’t put the efforts or plans in place to maximize their value for endorsement deals,” he explained. “They should have themselves significant additional revenue streams – it is not just about getting the next role, but getting the next deal.” But some such "additional revenue streams" can also run in the red.. Last year, the Las Vegas rendition of Beso – the restaurant/nightclub co-owned by Eva Longoria – filed for bankruptcy to restructure nearly $5.7 million in debt and other liabilities. Prior to that, the Jay-Z owned 40/40 sports bar in Sin City shut its doors a mere eight months after opening. Britney Spears’s southern-inspired Nyla Restaurant reportedly hit monetary blows before she also severed ties, and both Jennifer Lopez’s “Sweetface” clothing line and restaurant Madres went dark. 3. Theft and fraud.  Hollywood's highest profile people are actually human, which means they too are susceptible to being screwed by business managers, badly worded deals and corrupt advisors. Just ask Kevin Bacon and wife Kyra Sedgwick, who were taken to the cleaners by Ponzi schemer Bernie Maddoff. Doloboff also said prominent factors in a celeb’s financial crumbling is their tendency to bring "friends" -- or family -- into the fray as business partners or employees. “Many professional athletes and entertainers want to help their friends while simultaneously helping themselves,” he said. “The best advice is to refrain from doing business with friends. True friends don’t condition their friendship upon doing business together.” Comedian Dan Cook will probably adhere to that – in 2010, his half-brother Darryl McCauley was ordered to pay the comic $12 million in restitution after pleading guilty to embezzling funds from him. McCauley allegedly stole $12,500 a month as Cook’s business manager. Friends and fraud – double whammy! 2. Drugs, booze, and bad habits. Stars are known to fall when the temptations of drugs/alcohol/hard partying turns into a dangerous addiction. It can also be more than an expensive habit, as addiction often impacts other areas. “You are far more likely to make poor decisions when under the influence of drugs or alcohol. When you’re dealing with celebrities, the problem is that their support groups, (friends, family, entourages, et al), often consist of enablers,” explained Richard Taite, the Founder and CEO of rehab center Cliffside Malibu. “It comes as no surprise that a successful celebrity can face financial destitution if they are abusing drugs or alcohol and are left to their own devices.” 1. Ridiculous overspending. Last but not least, some beautiful yet broke folks just lead foolishly fabulous lives (we're talking to you, MC Hammer) and refuse to accept that fame (and its fortune) can be fleeting. “Most celebrities have luxuries such as a cook, a driver, a personal stylist, a personal assistant etc.,” said Burns. “They become accustomed to this lifestyle, but when their contract isn’t renewed, or when the films offers stop coming in, they are still living this life of luxury with the expectation that they will always be in demand.” Yes, sadly, not every Hollywood tale has a happy ending. But with some good financial advise, the ending doesn't have to be tragic.

Spain Approves Canary Islands Oil Exploration


The Spanish government approved Friday a controversial permit to explore for oil offshore the Canary Islands, in an area that could become by far the largest source of oil production in a country heavily dependent on crude imports. Approval of an exploration license marks the latest move in Spain's shift away from a policy of subsidy-dependent renewable energy projects as it seeks ways to improve its trade balance and steady its budget, but will likely face opposition from environmentalists and local government officials concerned about the threat of damage to the island's tourist-friendly, white-sand beaches.

Spain's public debt soars to record high


Spain's public debt soared to a record high at the end of 2011, Bank of Spain figures showed Friday, as Madrid struggled to slash costs and escape the eurozone debt crisis. Public debt amounted to 734.96 billion euros ($960 billion), equal to 68.5 percent of annual economic output at the end of 2011 -- up from 66 percent three months earlier and 61.2 percent at the end of 2010. The accumulated debts breached the European-Union agreed limit of 60 percent of gross domestic product (GDP) but was still below the eurozone average, which approached 90 percent in the third quarter last year. It was the highest public debt ratio recorded in Spain since statistics in the current format were first published in 1995. Spain's public debt is rising fast because of runaway annual public deficits that have shot past EU-agreed targets, in part owing to high spending by regional governments. The previous Socialist government, ousted by the conservative Popular Party in November elections, had forecast a debt of 67.2 of GDP for the end of 2011, aiming to curb it to less than 70 percent in 2014. But the European statistics unit Eurostat was not so optimistic. It forecast a public debt of 69.6 percent in 2011, 73.8 percent in 2012 and 78 percent in 2013. Spain's conservative government, which took power in December, has yet to announce a new public debt target. The public debt ratio has grown without interruption since the first quarter of 2008 when, after nearly a decade of fast growth and budget surpluses, which trimmed the debt, it amounted to 35.8 percent of GDP. The situation in the 17 regions is particularly worrying: at the end of 2011 their accumulated debt rose to 140.1 billion euros, or a record 13.1 percent of national GDP, from 11.4 percent a year earlier. Municipal debts, however, eased over the year to 35.4 billion euros or 3.3 percent of GDP. Regional governments enjoy a high level of autonomy, prompting concerns in financial markets that their spending could compromise the central government's deficit-cutting goals. Spain had agreed to cut its annual public deficit to 6.0 percent of GDP in 2011 but it overran that target by a wide margin and ended up reporting a deficit of 8.51 percent of GDP. After winning a slight relaxation from Brussels in its goals for this year, Spain is now aiming for an annual deficit of 5.3 percent in 2012 and 3.0 percent in 2013. But the regions are not entirely to blame. The central government's finances also deteriorated in 2011, as its public debt rose to 52.1 percent of GDP at the end of the year from 46.4 percent a year earlier.

Cadíz second bridge delayed until at least 2013


The Ministry for Development has announced a delay in the opening of the second road bridge into Cádiz which will now not be open to traffic until 2013. Minister, Ana Pastor, said that not with all the money in the world could a 2012 opening be achieved. 2012 was the target date so that it coincided with the bicentenary of the 1812 Spanish Constitution which was signed in the city on March 19 1812. The General Courts of Spain were transferred there while in refuge from the Peninsular War. The Minister added, ‘It will take at least another 15 months, and that only if there is no wind’. The Ministry of Development says the suspension bridge is now 75% complete, but a fundamental part of the project, linking to the 13 pivot bases which are already showing in the middle of the Cádiz Bay is still to be done. The bridge is the largest road infrastructure project in Spain and has a cost of about 300 million € and will link Cádiz with Puerto Real. It will be known as the Puente de la Constitución de 1812, and not the ‘Puente de la Pepa’ which was the name given by the previous Minister, Magdalena Álvarez.

Place your bets on Euro Vegas

IT MAY just be the single largest contrarian bet in the euro zone. Sheldon Adelson, a casino tycoon, is expected soon to choose between Madrid and Barcelona for a €16 billion ($21 billion) gambling resort. The euro-zone turmoil does not faze him: “It will take us four to five years,” he told Forbes magazine. “By then everything will be solved.” Mr Adelson’s Las Vegas Sands (LVS) hopes to create a “Euro Vegas”, capable of attracting the 1 billion people who live in the 50 countries within a five-hour flight from Spain. He chose the country because of the weather and because its unemployment rate, now at 23%, “assures us the support of the government”. The numbers are certainly eye-popping. LVS would invest €6 billion in a first phase to build four hotel strips—eventually reaching 12—as well as casinos, shops, restaurants, golf courses and convention centres. LVS says the project could create 260,000 indirect and direct jobs, enough for nearly half the unemployed in Madrid. Spain is already the fourth-largest holiday destination in the world, but LVS reckons Euro Vegas would attract 11m new tourists on top of the 57m a year Spain already gets, increasing tourism spending by €15.5 billion over the next ten to 15 years. In this section News of the world Good for you, not for shareholders Zimplats happens Watch this space »Place your bets on Euro Vegas Luxury on the cheap Nazis in space The view from Liverpool Reprints Related topics Gambling Barcelona Madrid Spain Madrid and Barcelona, used to battling it out on the football pitch, have won a promise of neutrality from the central government. Barcelona admits that Madrid has the edge so far, since it has been talking to Mr Adelson on and off since 2007. But Barcelona has not given up. Mr Adelson recently visited a beach-front site near the city’s El Prat airport, which like Madrid’s Barajas has plenty of spare capacity. National and local leaders are keen on the project but opponents are sceptical of LVS’s claims about job creation, and worry that the casino will become a “fiscal and legal paradise” of tax breaks and exemptions from labour laws—a charge which regional officials deny. However, LVS is thought to be seeking a relaxation of Spain’s ban on smoking in public places, and lower gambling levies. Whichever city won would also have to bear the cost of such things as transport links to the resort. Given Spain’s precarious public finances, and considering that, as Mr Adelson puts it, there are “tens of billions to be made” from the resort, the authorities ought to resist any temptation to splash out taxpayers’ money to win the deal. They will have to assuage public fears of encouraging gambling addiction, infiltration by organised crime and the environmental impact of such a giant construction project. As in Singapore, where LVS recently opened a big casino resort, Spanish officials play down gambling as a small part of the overall package. Another worry is that the project will not happen at all. Spain has had its share of unrealised property developments. A €17 billion casino complex in the desert of Aragon, proposed in 2007, remains unbuilt. But LVS has withstood the global downturn pretty well, and the success of its Macao and Singapore operations gives it plenty of financial firepower. LVS boasts that its Marina Bay Sands development has “moved the needle” in Singapore, with record tourism figures one year after its opening. Euro Vegas would be much larger. A casino resort may lack the prestige of, say, a technology cluster, but Spain will have to take a few gambles to get its soaring unemployment under control.

Allen Stanford faces decades behind bars after being convicted of a $7 billion fraud that snared investors in 113 countries

 

A MONTH after Sir Fred Goodwin was stripped of his title for leaving Royal Bank of Scotland shredded, another erstwhile knight of the financial-services realm has been put in his place—this time a jail cell. Allen Stanford faces decades behind bars after being convicted of a $7 billion fraud that snared investors in 113 countries, from Latin America to Libya. When in 2008 the sky fell in on Bernard Madoff, the only fraudster to have taken investors for more, the Texas-born Mr Stanford was still swaggering. He had done so much for Antigua, the Caribbean island where he based his empire, that it made him a Sir. He took to the airwaves to tut-tut rivals who had been felled by subprime mortgages. His star rose further when he sponsored an international cricket tournament. He was said to be worth over $2 billion. He certainly lived like he was. Within a few months, however, the authorities had swooped in, closing his Antigua-based bank and his brokerage operations. Prosecutors accused him of flogging bogus certificates of deposit and raiding the bank, siphoning deposits to a Swiss account used to finance his passion for yachts, jets and islands. His lawyers tried to have him declared incompetent to stand trial, saying a prison beating had led to loss of memory and an addiction to anti-anxiety drugs. When that ruse failed, they argued in court that he had been his group’s visionary, uninvolved in its day-to-day running, even as they claimed the businesses had been viable until they were “disembowelled” upon being seized. Countering this narrative was damning evidence from the prosecution’s star witness, Mr Stanford’s former chief financial officer, who testified that he and his boss had falsified documents and that the firm had presented hypothetical returns as the real thing in client pitches. Others said that, for all his public bravado, he had been aware of a hole in the accounts. When another colleague suggested he raise more money to plug this, he reportedly said: “I’ll go to the Libyans. They love me.” Victims cheered the verdict, but their victory is hollow. Three years on, they are yet to receive a penny from the court-appointed receiver, Ralph Janvey. Of the $216m he had recovered by late last year, more than half had been eaten up by legal and other fees. His team reckons that total recoverable assets may be a mere $500m, or 7% of the account balances shown at the time of Mr Stanford’s arrest (though that could increase if lawsuits seeking $600m from Stanford brokers, customers who extracted more than they paid in and political organisations that received donations from Mr Stanford succeed). Investors also bemoan the hefty cost of litigating jurisdictional issues. Mr Janvey is locked in a fight over how to divide up the estate with a separate receiver in Antigua, who has control over the fraudster’s bank accounts in Switzerland and Britain. America’s Securities and Exchange Commission has backed the victims’ cause, taking the unprecedented step of suing the Securities Investor Protection Corporation after the congressionally-chartered group balked at paying them up to $500,000 each in compensation (on the ground that Stanford’s operations were based offshore). Too little, too late, scream the SEC’s critics. Its district office in Fort Worth, Texas, first concluded that the Caribbean kingpin’s businesses were a Ponzi scheme in 1997, only to be ignored then and several times subsequently by enforcement staff. This story has only one true villain, but many others come out looking bad.

How Wall Street Bankers Use Seamless To Feast On Free Lobster, Steak, And Beer


A former Morgan Stanley banker recently described his weekend food-ordering ritual at the height of the recession. While pulling Saturday hours, for example, he'd log onto the bank's account on Seamless, the online food-ordering service, and redeem his meal allowance--plus a few allowances from phantom coworkers who weren't actually in the office, allowing him to eat well above his pay grade. Sure, someone could have cross-checked actual office attendence with the online orders, but is such effort worth the investment bank's time? "If people weren't around, it was totally acceptable to take their allowance, and pool it together when you ordered," the banker recalls. "Almost every weekend I was at the office, I'd have a $90 dinner of steak, lobster, mac & cheese, and calamari." Until several years ago, corporate giants like Morgan Stanley made up roughly 85% of Seamless's customer base. That figure has now tipped in favor of individual consumers, but enterprise clients still represent a significant (and growing) part of the New York-based company's revenue--companies offer Seamless as a benefit to those who typically work long or late hours. But for employees of these roughly 3,500 corporate Seamless customers, the benefit represents a huge opportunity to game the system. And no one has worked the system for financial gain better than Wall Street hustlers. "Abuse of the system was rampant," recalls another former Morgan Stanley staffer. "I added up how much I ordered in my first year: It was more than $3,000 of food." Here's how it works. Typically, junior professionals are allotted about $25 per meal at the office. But there are tricks to leverage this cash on Seamless. If employees want to order dinner, for example, they have to stay until 8 p.m. "But you could still order for a 7 p.m. delivery at 6 p.m., then call the restaurant directly and tell them to bring it right away," one employee says. "So I'd finish work around 6:30 p.m., hit the company gym, and then grab my sushi--spicy tuna rolls--on the way out." A Seamless Scam How Gordon Gekko Orders On Seamless 1// Top Seamless Fiend According to Seamless' statistics, the highest ordering corporate user placed more than 2,600 orders in 2011, or more than 7 meals per day. 2// Top Cuisine By Industry Employees Investment Bankers: Sushi; Educators: Pizza 3// Top Ordering Patterns Corporate dinner-orders in New York's Financial District peak at 8 p.m. In Midtown, corporate orders peak at 7 p.m. Corporate dinner-orders are higher, on average, from 4-5 p.m. and lower between 8 p.m. and 9 p.m. Ordering groceries on Seamless was--and likely still is--another practice. (Representatives at Goldman Sachs and Morgan Stanley have not responded to requests for comment.) One employee, who lived by Morgan Stanley's Midtown offices, would even remote into her office computer from her apartment, place an order on Seamless, and then call the restaurant and change the delivery address to her apartment. The lobster-loving Morgan Stanley banker's take on that old switcheroo? "Classic." Another trick: Since employees aren't allowed to order beer or alcohol on the system, it's not uncommon to pool money together, place a large order for random items, then call the store and request that they bring beer instead. "We definitely get a lot of random orders," says Seamless CEO Jonathan Zabusky. "Once in a while, I'll sit on the customer-care desk, just to get a feel on the pulse of what's going on. You see these orders come through, and you're like, 'Why are 20 rolls of toilet paper going to 200 Vesey Street [the World Financial Center]? What the hell?'" One former employee at Morgan Stanley said he wasn't sure how pervasive the "switch-for-beer order" was at the investment bank, but said he personally pulled the move several times. "Wow, I feel so lame now because when I'd order from Seamless, I'd just get dinner," says one former Goldman Sachs employee. "I never heard of anyone else pulling a fast one [like that], but that doesn't mean it never happened." The daily Seamless stipend is considered sacred for employees, and any abuse of the system appears generally overlooked by higher-ups. When Lehman Brothers went under, for instance, Morgan Stanley lowered the Seamless limit from $30 to $25, much to the anger of workers. "People went nuts," recalls a former employee. "Every so often there were these fireside chats with [Morgan Stanley CEO] John Mack 'Da Knife' and a collection of analysts. One of the women on the call asked Mack to raise the limit to $30 again. Mack, not really having paid much attention to expenses, was surprised to hear it had been reduced. Concerned, he asked her why she needed $30 instead of just $25. She said that with the new reduction, 'I can't order my Perrier anymore.'" The next day, as legend has it, there was an entire case of Perrier on her desk--courtesy of John Mack. "What a baller," an employee says. Zabusky is sure abuse exists on Seamless, but says it's not likely that widespread. "I think it's pretty funny," the Seamless chief chuckles. "I mean, I know it probably frustrates a CFO at Goldman, who is giving these guys $25 to order while they work on deals, and they're ordering toilet paper and jars of mayonnaise and all this other stuff. But in the overall scope, it's probably pretty small." Small as the abuses might be in terms of Seamless's bottom line, there's no doubt it has a big impact on the morale of employees, who seem to take pride in manipulating money one way or another. According to Seamless's statistics, for example, the highest ordering corporate user placed more than 2,600 orders in 2011. "There's nothing grosser or more magnificent than eating $25 of delivered Taco Bell under the fluorescent, sober lights of an office building," says one employee. "Do you have any idea how much baja sauce you can get for that money?"

San Diego tax preparer for the wealthy accused of ordering hit on 2 witnesses in fraud trail

 former Internal Revenue Service agent whose tax preparation business catered to a wealthy clientele is accused of ordering at least two former customers killed as they prepared to testify against him on fraud charges. Federal prosecutors say the targets were key witnesses against Steven Martinez, 50, who was charged last year with stealing $11 million by preparing bogus tax returns for his customers. 0 Comments Weigh InCorrections? Personal Post Martinez’s limousine driver — Norman Russell Thellmann, 64 — was charged Monday with conspiracy to tamper with witnesses. Prosecutors allege he was ordered to deliver money to a hit man who was promised $100,000 for the two killings. Martinez did not enter a plea during his initial court appearance Monday on a charge of witness tampering. A federal magistrate judge ordered him held without bail. “I find it almost impossible to believe,” said David Demergian, his attorney. Martinez, an IRS agent from 1988 to 1992, faces a pretrial hearing March 19 on federal fraud charges and was free on bail until his arrest last week. An FBI agent’s affidavit says Martinez gave a former employee documents on four people about two weeks ago, including photos of one target from the wealthy suburb of Rancho Santa Fe and another target’s condominium in the upscale La Jolla area of San Diego. Martinez recommended the former employee use two different pistols for the killings and get a silencer, according to the affidavit. The former employee contacted the FBI, which recorded a meeting Thursday in which Martinez allegedly gave additional instructions like how to break into the La Jolla condominium. The targets were identified as 86-year-old Monique Siegel of La Jolla and Marianne Harmon of Rancho Santa Fe. The fraud complaint alleges that Martinez told customers to deposit their taxes into one of his bank accounts, promising to forward the money to state and federal authorities. He stated lower income on their tax returns without telling them, allowing him to pocket $11 million. The complaint identifies victims only by their initials. One “M.H.” had an income of $20.7 million in 2006 but Martinez filed a tax return for $2.1 million. One “M.S.” earned $200,046 in 2006 but Martinez’s return reported $32,900. Another customer who earned $12.2 million in 2005 reported income at $1.6 million, according to the complaint. The same customer earned $11 million in 2006, also reported as $1.6 million. Demergian, his attorney, said the fraud case was “certainly very defensible.” “He had a very dedicated loyal clientele,” Demergian said. “He was very successful.” Thellmann, who was arrested Friday night, told the FBI that Martinez sold him a limousine about three years ago and hired him as a chauffeur. He said Martinez told him to give $40,000 to a person who would call him with code. Thellmann denied he knew the money was to pay a hitman. FBI agents found $42,400 cash in a cereal box at his home.

Ponzi fraud: two men found guilty of involvement in £115m UK scam


Two men have been convicted of involvement in the UK's largest Ponzi fraud, which saw hundreds of people – among them the former cricketer Darren Gough and the actor Frances de la Tour – lose £115m. John Anderson, 46, and Kenneth Peacock, 43 were found guilty of unauthorised regulated activity at Southwark crown court in London on Monday, but were cleared of one count each of fraud. The jury is still deliberating over allegations that they deceived investors. The scheme's mastermind, Kautilya Pruthi, 41, of Wandsworth, London, has pleaded guilty to the fraud and is due to be sentenced later this week. Ponzi frauds – which take their name from the Italian conman Charles Ponzi, who was particularly fond of employing the scheme – use cash from new investors to pay returns to existing investors and depend on a constant stream of new investors to fund the payouts. The court heard that Gough and the actor and singer Jerome Flynn are each thought to have lost up to £1m in the fraud, which also duped De la Tour. Victims handed over their cash to Pruthi, who promised them safe investments with returns of up to 13%. Instead, he spent their money on entertaining women, paying his daughter's private school fees and chartering helicopters. He also bought a private jet and built a car collection that included three Bentleys, a Lamborghini, two Ferraris, two Mercedes, a Rolls Royce, a Jaguar and a Maserati. "Mr Pruthi is believed to be the UKs most successful Ponzi fraudster," said David Aaronberg QC, prosecuting. "He obtained some £38m from investors and caused contractual losses of over £115m." Aaronberg added: "He enjoyed the company of women and was generous in the payments he made to a number of female friends, for whom he bought cars as presents, in total giving them £373,149." Indian-born Pruthi came to the UK in 2004 having been deported to his homeland after serving a sentence for faking documents in the US. Jurors heard that on coming to the country, Pruthi was quickly able to pose as "a wealthy individual". After setting up his company, Business Consulting International, said Aaronberg, Pruthi accepted deposits and "orchestrated a large-scale and sophisticated collective investment scheme". He would send personally tailored emails claiming he could offer up to 13% returns on 12-month investments because the scheme was available to a limited clientele. But in reality, said the prosecutor, he was "robbing Peter to pay Paul". Pruthi, who was not registered with or authorised by the FSA, admitted four counts of obtaining money transfers by deception, one of participating in a fraudulent business, one of unauthorised regulated activity and one count of converting and removing criminal property. Peacock, of West Hampstead, north London, and Anderson, of Surrey, are alleged to have acted as "aggregators" who pooled funds from third parties and then passed them on to Pruthi, who had duped them into the fraud at the outset. Eventually the scheme collapsed as there were not enough new investors to bring in the money needed to keep the old investors happy. "The scale of this scheme was vast and the losses were immense; several investors lost their homes, others have been declared bankrupt," said Aaronberg. "The monies which Pruthi received were generally not invested anywhere, neither in the UK nor abroad." According to the prosecution, of the £38,631,792 Pruthi obtained, £28m was used to pay back other investors, while £10m was siphoned off for Pruthi's "lavish lifestyle".

Deadlocked Stanford Fraud Trial Jury Told to Keep Deliberating

 

The judge in R. Allen Stanford’s fraud trial ordered the jury to return to deliberations after the panel sent a note saying it couldn’t reach a unanimous verdict in its fourth day of reviewing the evidence. The eight men and four women on the jury told U.S. District Judge David Hittner in Houston yesterday they were “unable to reach a verdict on each of the 14 counts,” the judge said, reading their note to attorneys for both sides. Enlarge image R. Allen Stanford, accused of leading a $7 billion investment fraud scheme, gestures as he exits the Bob Casey Federal Courthouse in Houston, Texas. Photographer: F. Carter Smith/Bloomberg Hittner instructed jurors to “continue your deliberations in this case,” telling them the trial has been costly in terms of both time and money, that the lawyers were unlikely going to be able to put on a better trial and that another jury was unlikely to be more conscientious. “It is your duty to agree upon a verdict if you can do so, without surrendering your conscientious opinion,’” Hittner told them. Stanford, 61, is accused of leading a $7 billion international fraud scheme involving the sale of certificates of deposit issued by his Antigua-based bank. He faces as long as 20 years in prison if found guilty of the most severe charges, mail fraud and wire fraud. The financier maintains he is not guilty. After the jury returned to deliberations, lead prosecutor Gregg Costa told the judge the jury’s note could be construed as meaning it couldn’t agree on any one of the 14 counts against Stanford or upon all of the counts. ‘We’ll See’ While acknowledging the possibility of having to accept a partial verdict, Hitter said, “We’ll see what comes out next.” When Hittner instructed the jurors to “take all the time you may feel necessary” to reach a verdict, one of the jurors grimaced. The jury left for the day yesterday after being told to resume deliberations. Jury selection in the case began Jan. 23 and the panel heard five weeks of evidence. The government presented testimony at from investors who bought the allegedly fraudulent CDs as well as from the executives who helped sell them. The witnesses included government officials and former Stanford Group Co. Chief Financial Officer James M. Davis, who pleaded guilty to fraud-related charges in 2009 and testified for five days against Stanford. Davis, whose relationship with Stanford traces back to when they were Baylor University roommates, told the jury he knew the boss was committing fraud and didn’t stop it. The defense presented former Stanford employees who said they saw no evidence of fraud at the company. Some offered testimony in support of the defense’s contention that Stanford was an absentee visionary who left the details of running his operation to Davis. Stanford didn’t testify during the trial.

Mandela faces fraud charges

The liquidators of Aurora Empowerment Systems, which is accused of asset-stripping bankrupt Pamodzi Gold, will lay charges of fraud this week against Nelson Mandela’s grandson Zondwa, and Ahmed Amod, an attorney for the company. The liquidators are also said to be planning to lay charges this week against Aurora chairman Khulubuse Zuma and possibly other directors under section 424 of the Companies Act, under which directors can be held personally liable for company debts. The charges follow a threat by the liquidators to lay charges of perjury against Thulani Ngubane, a director of Aurora, after he gave evidence at an inquiry.

Donegal hotel goes for a €650,000 song

The Sandhouse Hotel in Rossnowlagh, Co Donegal, which was bought today by its current manager.The Sandhouse Hotel in Rossnowlagh, Co Donegal, which was bought today by its current manager.

Donegal hotel goes for a €650,000 song

A 55-bedroom hotel overlooking Donegal Bay, which was once on the market for €4.5 million, has sold at an auction of distressed property for €650,000.

The Sandhouse Hotel in the popular seaside resort of Rossnowlagh had been billed as the star lot in today’s Allsop/Space auction in Dublin’s Shelbourne Hotel.

However, the hotel, which was put on the market by direction of its liquidator KPMG, attracted considerably less interest than expected.

After a short bidding race, the property sold for its reserve price of €650,000, a fraction of what its former owners thought it was worth at the height of the boom.

The picturesque property was bought by the hotel’s current manager Paul Diver, who has managed the hotel for the last 20 years. “I just can’t believe it. It’s a total adrenaline rush. It’s been a long, long road but we’ve made it.”

When asked if he was surprised by the lack of interest, Mr Diver quipped: “No, I was delighted”

The auction, which is the first of five planned Allsop/Space auctions scheduled for 2012, contained 100 lots of property, ranging from rural cottages to sleek city centre apartments.

Organisers said they expected about 2,000 people to attend the event during the course of the day.

About two-thirds of the properties are being sold by direction of receivers, reflecting the catastrophic collapse of Ireland’s once robust property sector. The remaining third have been put up for sale by private individuals.

Director of auctions at Allsop/Space Robert Hoban said: “At every auction the percentage of private vendors is increasing as more and more people want to put their properties out on the open market.”

On whether the auction reflected the open market value of Irish property, Mr Hoban said: “We don’t decide the sale price or value of the property, we let the punters decide where property value is and let them decide whether the market is going up or down.”

Over four sales last year, Allsop/Space sold over €52 million worth of distressed property assets, about 92 per cent of the total lots for sale.

Bank of Ireland had a stand the event today for the first time, offering mortgage applications to customers looking to bid at the auction.

German top hotelier develops a superlative vanguard vacation residence in prime location in Bali


 

delMango Couture Retreat in Bali, Indonesia
delMango Couture Retreat in Bali, Indonesia
delMango Couture Retreat in Bali, Indonesia (source: tophotelprojects.com)
delMango Couture Retreat in Bali, Indonesia
delMango Couture Retreat in Bali, Indonesia (source: tophotelprojects.com)
delMango Couture Retreat in Bali, Indonesia
delMango Couture Retreat in Bali, Indonesia (source: tophotelprojects.com)
Frank M. Pfaller
Frank M. Pfaller
Frank M. Pfaller (source: tophotelprojects.com)

delMango Couture Retreat – the first eco luxury retreat in Bali

TOPHOTELPROJECTS: German top hotelier develops a superlative vanguard vacation residence in prime location in Bali - Newswire Service for upcoming hotel projects (17)

delMango Couture Retreat – the first eco luxury retreat in Bali

Hamburg, Germany -- Frank M. Pfaller is an absolute exception within the global hotelier community: The professional host, with German roots, impresses because of his meteoric career in the international luxury hospitality and his preference for luxury cars such as the Bentley Convertible. After his stop-over in numerous international "jet-set places-to-be – like the Caribbean, Marbella and Kitzbuehel – Pfaller now sets his foot on the charming beaches of Indonesian paradise island Bali. He develops the first eco luxury couture retreat, a real vanguard superlative, in Seminyak's prime location near the international airport (TOPHOTELPROJECTSNr. 13185). This exclusive hideaway offers private villas with one to three bedrooms, first class hotel service and a conceptual focus on "nature & environment". The hotel opening is scheduled for autumn 2012. The top brand "del" stands for "discerningly eco luxury", an unmistakable strategic focus on sustainability in all parts of this top hotel project such as its construction, the furnishing, the consumption & waste as well as the daily service.

Frank M. Pfaller is an absolute exception within the global hotelier community: The professional host, with German roots, impresses because of his meteoric career in the international luxury hospitality and his preference for luxury cars such as the Bentley Convertible. After his stop-over in numerous international "jet-set places-to-be – like the Caribbean, Marbella and Kitzbuehel – Pfaller now sets his foot on the charming beaches of Indonesian paradise island Bali. He develops the first eco luxury couture retreat, a real vanguard superlative, in Seminyak's prime location near the international airport (TOPHOTELPROJECTS Nr. 13185). This exclusive hideaway offers private villas with one to three bedrooms, first class hotel service and a conceptual focus on "nature & environment". The hotel opening is scheduled for autumn 2012. The top brand "del" stands for "discerningly eco luxury", an unmistakable strategic focus on sustainability in all parts of this top hotel project such as its construction, the furnishing, the consumption & waste as well as the daily service.

The delMango Couture Retreat will combine cosmopolitan comfort and vanguard design to come up with an international unique "way of life" attitude. In his brand communication, Having observed the preferences of frequent travelers, Pfaller deliberately applies the German "way of life" rather than the extensively used "lifestyle" approach. With his development company Selected Estates of Asia Pte. Ltd. Singapore, Frank M. Pfaller is regarded a pioneer in the development of luxury resorts. Amongst others he has been awarded with the "Green Star Diamond Award" from the renowned American Academy of Hospitality Sciences.

The Balinese architects Yoko Sara and Ketut Arthana showcase paradisiac gardens around the spacious villas and the central hotel areas such as the reception and the lounge. The internationally well-known Japanese creative professionals from Nobuyiki Narabayashi's design team (lead-designer for "Super Potatoe") heads the international interior design with a particular focus on the main target clientele, future hotel guests from Japan. The hotel architecture will include typical Balinese shapes and materials, for example bamboo. "Eco luxury" is geared to a destination's ethic settings and therefore needs to follow pre-set standards regarding natural resources like water and energy wastage, says Pfaller.

Living, relaxing and entertainment – these are the main qualities of a top resort. The F&B concept thereby plays an important part, which is why Pfaller prefers the Japanese kitchen and East Asian finger food. Exquisite patisserie further refines the gourmet offering.

With just 14 private villas – 233 sqm to 457 smq in size and each equipped with an individual swimming pool – the delMango Couture Retreat will become one of the most exclusive spots of international hospitality. Of course available to merely a small group of people who are able to afford this costly pleasure. Nine of 14 villas have already been sold. If the owners are not on site, a simple overnight stay will cost between 390 US Dollar (for a small villa with one bedroom during off-season) and approximately 1,155 US Dollar (during peak season for a three bedroom villa)

How fast is the 2012 Bentley Mulsanne Mulliner

The behemoth that is the Bentley Mulsanne isn't exactly the most obvious choice for a performance car, but that isn't about to stop the British luxury brand from unveiling a sporting variant called the Mulliner Driving Specification at the2012 Geneva Motor Show in March.

Featuring unique 21-inch alloy wheels, 'Flying B' wing vents and a Sport setting for the suspension for the first time, the Mulliner Driving Specification is certainly going to make an impression - even if it doesn't get any upgrades in the raw power department.

Bentley Mulsanne Mulliner Driving Specification (© Bentley Motors)

How fast is the 2012 Bentley Mulsanne Mulliner Driving Specification?

With just the usual 512hp from Bentley's stately - but high-tech - 6.75-litre V8, the Mulliner Driving Specification will go 0-62mph in 5.3 seconds and hit a top speed of 186mph.

This is exactly the same as the standard car, right down to the eight-speed gearbox and the rear-wheel drive, so Bentley really is placing the emphasis on the handling to justify the difference.

Well, that and a few choice cosmetic enhancements...

What makes the 2012 Bentley Mulsanne Mulliner Driving Specification different?

The new Sport aspect of the chassis comes into play as a new setting for the Mulsanne's Drive Dynamics Control system. Operated via a rotary knob positioned next to the gear lever, the Sport setting makes changes to the adaptive systems under the big Bentley's skin to deliver a more focused drive.

To be specific, Bentley says it provides "enhanced grip, body control and steering accuracy without compromising ride comfort" - which will be some trick if it can pull it off. After all, the Mulsanne weighs no less than 2.6 tonnes.

Bentley Mulsanne Mulliner Driving Specification (© Bentley Motors)

How do I tell the difference between a Mulliner Driving Specification and a standard Bentley Mulsanne?

On the outside the new car should be easy to spot, thanks not only to the enormous 21-inch alloy wheels but also the new 'Flying B' vents, located at the bottom of the front wings just ahead of the door.

Finished in polished stainless steel - no lightweight aluminium here - these are engraved with the word Mulliner, and the flowing design is intended to produce an impression of speed.

The wheels, meanwhile, are a two-piece design unique to the Mulliner Driving Specification, and secured with race-derived titanium fasteners. There are painted and polished versions available.

Bentley Mulsanne Mulliner Driving Specification (© Bentley Motors)

What's special about the 2012 Mulliner Driving Specification's interior?

If you're lucky enough to find yourself on the inside, Bentley has developed a new version of the Diamond Quilting technique it usually reserves for its sportiest models.

A new "hide perforation process" allows the creation of special diamond-shaped perforations with non-perforated "tramlines" in between, leading to even greater precision during the hand-crafting of the interior.

In addition to this there are knurled or "coined" surface finishes on some of the metal controls, while the pedals are made from drilled aluminium with each raised grip individually polished.

There are special treadplate plaques on the driver and passenger door sills as well.

How much does the 2012 Bentley Mulsanne Mulliner Driving Specification cost?

Bentley is yet to reveal prices for the new Mulsanne Mulliner Driving Specification, but don't expect to see much change - if any - from £250,000. More details about this and the new model's availability are set to be confirmed at next month's Geneva Motor Show.

In other news, however, Bentley has also announced two new options for the entire Mulsanne range: a large electric sunroof and a two-bottle champagne cooler complete with three hand-blown, hand-cut lead crystal champagne flutes.

UK ticketholder wins £41 Euromillions jackpot

 

Camelot said that the winner scooped the rollover jackpot of £40,627,241 in Friday night's draw although no one has yet come forward to claim the prize. A Camelot spokesman said: "This is fantastic news – we're absolutely delighted to have yet another huge EuroMillions win here in the UK. "We have plenty of champagne on ice and look forward to welcoming the lucky ticketholder into The National Lottery millionaires' club. "Over 2,800 people have become millionaires since The National Lottery began and, to date, our players have raised an amazing £27 billion and counting for National Lottery Good Causes." The success is the seventh biggest UK lottery win. The record is held by Colin and Chris Weir, from Largs, Scotland, who won £161 million on EuroMillions last July.

City drummer Robbie France dies aged 52

 

sheffield-born hard rock drummer Robbie France has died aged 52 at his home in south-east Spain, it has been reported. The Spanish national newsagency EFE quoted ‘family sources’ as saying that the musician, who played with such groups as Diamond Head, Alphaville, UFO, Skunk Anansie and Wishbone Ash, died on Saturday. It said he was buried on Wednesday at Puerto de Mazarron, in the province of Murcia, south of Alicante. Mr France had lived in the Costa Blanca resort for the past three years. He was born in Sheffield in 1959. In the 1970s he emigrated to Australia, returning to the UK in 1982 and joining the hard rock band Diamond Head. Three years later he became drummer with the UFO, replacing Andy Parker. He settled in Puerto Mazaron in 1998 after stints with Skunk Anansie and the German group Alphaville. Last year he published a novel, Six Degrees South, partly set in Mazarron. The report said that the family did not give the cause of death.

Pound Falls Versus Euro, Gilts Drop as France, Spain Sell Debt

 

The pound posted its biggest weekly decline against the euro in almost three months and gilts dropped as French and Spanish borrowing costs fell at their first debt auctions after their credit ratings were cut. The yield on 10-year gilts rose the most in four months as demand for the relative safety of AAA government bonds eased amid signs global growth hasn’t lost momentum. Reports this week showed U.K. retail sales rebounded in December while U.S. initial jobless claims fell to the least in almost four years. Further advances in gilt yields may be limited next week before a report predicted to show the U.K. economy contracted in the fourth quarter of last year. “There are worries that the U.K. economy is heading back into recession,” said Michael Derks, chief strategist at FXPro Financial Services Ltd. in London. “It would not be surprising to see further weakness of the pound against euro in the near term.”

Salvage crews are trying to secure the Costa Concordia to rocks with heavy cables as the cruise ship slips at a rate of 1.5cm per hour.

Coastguards fear big waves forecast for the next 36 hours could push the ship off its perch, sending it to the bottom of the sea.

The ship's movements are being carefully monitored - and had halted divers' attempts to find the 21 passengers still unaccounted for.

The search has now resumed after being suspended at midnight when laser technology detected the ship was moving, putting search teams at risk.

 

Rescuers climb through Costa Concordia in search of missing

Firefighters have been working around the clock to find the missing

Authorities said earlier it was too dangerous for divers to enter the vessel and that the search would only resume when it was deemed safe.

The threat of the ship sinking has also raised further concerns of an environmental disaster with the 2,400 tonnes of fuel in the ship expected to pollute the Mediterranean maritime reserve.

As teams try and use heavy-duty cables to secure the Concordia to rocks on Giglio island, a remote-controlled surveillance camera robot has been sent into the ship to continue efforts to find any trace of life.

The movement comes after the stricken ship initially slid by around 5ft (1.5m) deeper into the sea on Wednesday.

Judge orders search of News of the World executives' computers in bid to find out if key hacking evidence was destroyed

 

A judge overseeing the settling of hacking claims by victims of News of the World has ordered executives' computers be searched. Senior managers at News Group Newspapers – the parent company of the News of the World – were criticised by Mr Justice Vos, the judge supervising the settlements. Jeremy Reed, who is acting on behalf of several victims of phone hacking, said that when the News of The World moved offices in 2010, computers used by journalists accused of hacking were destroyed. He disparaged their reaction to a request in 2010 from lawyers for the actress Sienna Miller to retain emails that might be relevant to a phone hacking claim. Within three days, the judge said, ‘a carefully conceived plan to delete emails was put into effect at the behest of senior management’. He said the evidence raised ‘compelling questions about whether you concealed, told lies, actively tried to get off scot free’. He ordered the company to search a number of computers, adding that there was evidence that management had a ‘startling approach to the email record’.

Spain is happiest expat destination

 

The research, from Lloyds TSB International, asked over 1,000 British citizens in the 10 most popular expat destinations to rate their new homes on factors ranging from quality of life to cost of living. Overall, 68 per cent of those interviewed said they were happier in their adopted country than in Britain, rising to 75.9 per cent in Spain. Other countries which fared well on the happiness index were Canada and Germany, where 72.2 per cent and 71.4 per said they were happier respectively. Interestingly, those countries where expats said they had the highest quality of life or best financial prospects were not necessarily where expats were most happy. New Zealand, for example, offered the highest quality of life according to the survey, but was ranked bottom for contentment, while the country where most expats said they were better off – the UAE – was only the fourth happiest place. John Kramer, a British expat who lives in Andalucia, said that he was unsurprised by the fact most expats were happier in Spain, because its "outdoor lifestyle, traditional family values, and positive outlook on life” made it a very easy place to enjoy.

Related Posts Plugin for WordPress, Blogger...