Thursday, October 13, 2011

News Alert: Hedge Fund Founder Raj Rajaratnam Sentenced to 11 Years in Insider Trading Case

Breaking News Alert
The New York Times
Thursday, October 13, 2011 -- 11:25 AM EDT
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Hedge Fund Founder Raj Rajaratnam Sentenced to 11 Years in Insider Trading Case

The fallen hedge fund billionaire Raj Rajaratnam received on Thursday the longest-ever prison sentence for insider trading, a watershed moment in the government's aggressive two-year campaign to root out the illegal exchange of confidential information on Wall Street.

Judge Richard J. Holwell sentenced Mr. Rajaratnam, the former head of the Galleon Group hedge fund, to 11 years in prison. A jury convicted him of securities fraud and conspiracy in May after a two-month trial.

Calling him "the modern face of illegal insider trading," prosecutors accused Mr. Rajaratnam of using a corrupt network of well-placed tipsters – including former executives of Intel, I.B.M. and the consulting firm McKinsey & Company – to illicitly gain about $64 million.

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http://dealbook.nytimes.com/2011/10/13/rajaratnam-is-sentenced-to-11-years/?emc=na

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NOW Foods Issues Voluntary Recall of Brewer’s Yeast Tablets

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NOW Foods Issues Voluntary Recall of Brewer’s Yeast Tablets
10/13/2011 09:41 AM EDT

NOW Foods is voluntarily recalling selected lots of its Brewer’s Yeast Tablets (Product Code 2410 and 2412) due to the presence of an undeclared milk allergen. People who have an allergy or severe sensitivity to milk run the risk of a serious or life-threatening allergic reaction if they consume these products and should stop taking them immediately.

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Wednesday, October 12, 2011

2011-10-13 03:16:32 (Mw 6.0) SOUTH OF BALI, INDONESIA -9.4 114.6 (442af)

Globe with Earthquake Location

6.0 Mw - SOUTH OF BALI, INDONESIA

Preliminary Earthquake Report
Magnitude 6.0 Mw
Date-Time
  • 13 Oct 2011 03:16:32 UTC
  • 13 Oct 2011 11:16:32 near epicenter
  • 12 Oct 2011 17:16:32 standard time in your timezone
Location 9.359S 114.647E
Depth 61 km
Distances
  • 100 km (62 miles) SW (220 degrees) of Denpasar, Bali, Indonesia
  • 161 km (100 miles) W (273 degrees) of Mataram, Lombok, Indonesia
  • 170 km (105 miles) SE (145 degrees) of Jember, Java, Indonesia
  • 941 km (585 miles) ESE (113 degrees) of JAKARTA, Java, Indonesia
Location Uncertainty Horizontal: 15.2 km; Vertical 10.0 km
Parameters Nph = 111; Dmin = 112.4 km; Rmss = 1.19 seconds; Gp = 46°
M-type = Mw; Version = 7
Event ID US c00068ee

For updates, maps, and technical information, see:
Event Page
or
USGS Earthquake Hazards Program

National Earthquake Information Center
U.S. Geological Survey
http://neic.usgs.gov/

Disclaimer

This email was sent to filter@clubhouseb.com You requested mail for events between -90.0/90.0 latitude and 180.0/-180.0 longitude (Default World) for M6.0 between 09:00 and 21:00 and M6.5 other times. To change your parameters or unsubscribe, go to: https://sslearthquake.usgs.gov/ens/

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News Alert: Congress Passes 3 Free Trade Accords

Breaking News Alert
The New York Times
Wednesday, October 12, 2011 -- 8:42 PM EDT
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Congress Passes 3 Free Trade Accords

Congress passed three long-awaited free trade agreements on Wednesday, ending a partisan standoff that has stretched across two presidencies.

Final approval of the deals with South Korea, Colombia and Panama is a bipartisan victory for President Obama and proponents of the view that foreign trade can drive America's economic growth, in the face of rising protectionist sentiment in both political parties. They are the first trade agreements to pass Congress since Democrats broke a decade of Republican control in 2007.

Read More:
http://www.nytimes.com/2011/10/13/business/trade-bills-near-final-chapter.html?emc=na

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CFE International Fish Exporters Issues Alert on Uneviscerated Salted, Smoked, Split Herring Lot Code: 1171, Plant Registration #2406

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CFE International Fish Exporters Issues Alert on Uneviscerated Salted, Smoked, Split Herring Lot Code: 1171, Plant Registration #2406
10/12/2011 10:54 AM EDT

CFE International, Canadian Fish Exporters, Inc. Auburndale, MA is recalling Salted, Smoked, Split Herring, , Lot Number: 1171, Plant Code: 2406 Producer: Leslie Leger & Sons, Ltd. Cap Pele, NB, Canada. A routine sample collected at a retail store by New York State Department of Agriculture and Markets found the product to be uneviscerated. Clostridium botulinum spores are more likely to be concentrated in the viscera than any other portion of the fish.

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News Alert: Nigerian Man to Plead Guilty in Plot to Blow Up Plane, Lawyer Tells the A.P.

Breaking News Alert
The New York Times
Wednesday, October 12, 2011 -- 10:47 AM EDT
-----

Nigerian Man Pleads Guilty in Plot to Blow Up Plane

A Nigerian man who pleaded guilty to trying to blow up an international flight with a bomb in his underwear says he committed terrorism in retaliation for the killing of Muslims around the world.

Umar Farouk Abdulmutallab told a Detroit courtroom Wednesday that the bomb was a "blessed weapon to save the lives of innocent Muslims."

Abdulmutallab has pleaded guilty on the second day of his trial to charges that include conspiracy to commit terrorism and attempted murder.

He says he tried to blow up Northwest Airlines Flight 253 with nearly 300 people on board on Christmas 2009.

The bomb didn't work, but Abdulmutallab was badly burned. Hours later in the hospital, he told the FBI that he was working for Al Qaeda in Yemen.

Read More:
http://www.nytimes.com/aponline/2011/10/12/us/AP-US-Airline-Attack.html?emc=na

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Nestlé Prepared Foods Company Announces Allergy Alert and Voluntary Recall of LEAN CUISINE® Dinnertime Selects™ Chicken Fettuccini Recall Due to Package Mislabeling

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Nestlé Prepared Foods Company Announces Allergy Alert and Voluntary Recall of LEAN CUISINE® Dinnertime Selects™ Chicken Fettuccini Recall Due to Package Mislabeling
10/11/2011 04:53 PM EDT

Nestlé Prepared Foods Company, a business unit of Nestlé USA, is initiating the voluntary recall of a limited quantity of LEAN CUISINE® Dinnertime Selects™ Chicken Fettuccini/UPC code 13800-14880. The affected product is marked with a production code of 1253595911G and has a “best before” date of October 2012. A small quantity—less than 200 packages--of LEAN CUISINE Dinnertime Selects Lemon Garlic Shrimp product was inadvertently placed into packaging for LEAN CUISINE Dinnertime Selects Chicken Fettuccini and possibly shipped to grocers in Alaska, Florida, Idaho, Oregon and Washington State.

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