Homicide victims sister accuses fugitives dad of failing to take responsibility

first_imgThe sister of an American tourist says the father of one of the British Columbia men named as a suspect in the woman’s death isn’t accepting his share of responsibility for her family’s sorrow.Kennedy Deese, whose sister Chynna Deese was found dead along with her Australian boyfriend Lucas Fowler near a highway in northern B.C. in mid-July, posted a statement to Facebook on Saturday accusing Alan Schmegelsky of playing the victim.Deese also said Schmegelsky isn’t “cut from the same cloth” as her family, and that he doesn’t acknowledge his own hand in his child’s upbringing and ultimate demise.“Your sorrow is for yourself. You cannot relate to us, as we had no doings in the cause of your pain, when you’ve played a part in the cause of our pain,” Deese wrote.“To the murderers and their family, the appropriate action when mistakes are made is taking responsibility. The proper public response would have been a genuine apology. But we still forgive you and have mercy.”RCMP said Wednesday that they believe they found the bodies of Kam McLeod, 19, and Bryer Schmegelsky, 18, from Port Alberni, B.C., in dense brush in northern Manitoba following a massive manhunt that lasted close to two weeks.Police have said they’re waiting for the results of an autopsy before confirming the identities.The two men were named as suspects in the deaths of Deese and Fowler, and were charged with second-degree murder in the killing of Leonard Dyck, a university lecturer from Vancouver.Alan Schmegelsky told Australia’s “60 Minutes” TV program late last week that he won’t believe his son is a murderer until he gets facts, saying he knows how the families of the victims feel.“I’m so sorry for what’s happened. Whether it’s my son or whether it’s something else, we don’t know. I have just lost my son. I know exactly how you feel,” Schmegelsky told the program.“It hurts a lot. He was my only child. I’ll never get to hug him again. I’ll never get to tease him again. I’ll never get to spend a minute with him again.”“At least I know where he is. His troubles are over.”When reached via Facebook messenger on Sunday and asked about his response to Deese’s post, Schmegelsky said she could go on “60 Minutes” and that he could arrange it.“I manned up. I have nothing to hide,” he wrote.While police were still hunting for the pair, Schmegelsky sent a 132-page book to reporters about his own life. He described it as a novelization of his son’s troubled life and his numerous encounters with police and courts, and said he wanted to highlight how what he called a “broken system” shaped him and Bryer.Kennedy Deese shot back that her own family suffered challenges, but doesn’t “play the victim of a broken system.”“There is no white flag of surrender for my family. We are not defeated by divorce, mental health, violence, poverty and socioeconomic constraints, domestic disputes, alcohol or drugs, social media and bullying, feelings of loneliness, or disparities,” Deese wrote, noting that her sister rose to become the first generation of her immediate family to go to college.“We have the courage to ask for and offer help. We are strong, and stand strong together right now in the face of all of these adversities that have come upon us.”RCMP Assistant Commissioner Kevin Hackett told a news conference Wednesday that determining a motive will be “extremely difficult” if the identities are confirmed through autopsies because investigators can’t interview Schmegelsky or McLeod.He did not commit to providing details of the ongoing investigation.The Canadian Presslast_img read more

The Biggest Golden Globes Snubs and Surprises

first_imgAfter making waves with its controversial placement of Jordan Peele’s horror satire “Get Out” in the comedy/musical category (not to mention passing over Peele in the screenplay category entirely), and despite the film unequivocally leading the way with critical kudos so far this season, the HFPA sent the film home empty-handed. Advertisement Facebook SNUB: Female StorytellersIt was already an unfortunate note that none of this year’s female directors were nominated in the best director category (as Natalie Portman made clear with her barb in helping to present the award), but in awarding “Three Billboards Outside Ebbing, Missouri” its screenplay prize, the HFPA froze out three female screenwriters in Liz Hannah (co-screenwriter of “The Post”), Vanessa Taylor (co-screenwriter of “The Shape of Water” and Greta Gerwig (“Lady Bird”). Of course, Globes voters are not beholden to check off a box in lieu of going with what they like (and by many accounts, “Three Billboards” was one of the group’s favorite films on the whole). Of course, “Lady Bird” did win best picture, comedy/musical, but the win was tempered by lack of recognition for Gerwig’s achievements. Login/Register With: SURPRISE: “Three Billboards Outside Ebbing, Missouri”In truth, maybe it’s a surprise from the outside, but Martin McDonagh’s film was said to be the group’s overall favorite film this year and that held true to the end. Still, “The Shape of Water” (Variety‘s pick to win) and “The Post” were formidable competition, the former picking up the director prize. Ultimately, though, the HFPA showered “Three Billboards” with love: four awards in total, knocking out some of the season’s strongest players along the way. LEAVE A REPLY Cancel replyLog in to leave a comment Twitter Advertisement Advertisement Going into the 2018 Golden Globes, there appeared to be some clear-cut winners, despite the award show’s penchant for doing things differently or unexpectedly.On the television side, the results mostly matched those of the 2017 Primetime Emmy Awards before them, with “Big Little Lies” sweeping the limited series or TV movie categories, despite having been recently renewed and therefore no longer technically being a limited series. The film side offered a few more big snubs, with critical favorites like “Get Out” and “Call Me By Your Name” being shut out.FILM:SNUB: “Get Out”last_img read more

UN continues aid to Bangladesh in aftermath of massive flooding

Recent floods cut off many transport routes and utilities, inundated buildings and caused further disruptions to livelihoods, aggravating the impact of the catastrophic monsoonal floods earlier this year, according to OCHA.In rural areas of the southern regions, where the rain-swollen Gumti and Kakri rivers burst through already weakened protective embankments and flooded 100 villages, there has been considerable damage to fish farms, seedbeds and vegetable cultivation, as well as to valuable rice paddies planted after recession of the recent monsoon floods. Although the heavy rains have relented, severe floods are now occurring in the southwest.Some 600,000 people have been affected, thousands more have had to take refuge on embankments and in schools, and 10,000 hectares of crops and 700 tons of fish stock have been lost, OCHA said.The UN World Food Programme (WFP) and the UN Children’s Fund (UNICEF) are coordinating efforts to fight serious malnutrition in the post-flood period. UNICEF will provide children and pregnant and lactating women in the most vulnerable households with fortified food and supplements to counter anaemia, and support a nationwide campaign to provide Vitamin A capsules and de-worming tablets for children.In complementary efforts, WFP is trying to provide vulnerable families with food items to improve nutrition and food security. Extra rations of fortified blended food will be given to infants and young children as well as pregnant and breastfeeding women. The agency will also distribute 750 grams of high-energy biscuits daily for over the next 10 months among 80,000 primary school children in the worst flood-affected districts. A total of 903,800 households, or about 4,519,000 people, will receive 30 kilograms of grain each per month.To date, only $62.5 million of the $210 million sought through a UN appeal for Bangladesh has been received. read more

Fiscal cliff crisis barely over Obama presses for action on raising US

AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email HONOLULU, Hawaii – President Barack Obama is hailing a last-minute deal that pulled the country back from the “fiscal cliff,” but warned that he “will not compromise” over his insistence that Congress lift the federal debt ceiling.Obama said in his radio and Internet address Saturday that the fiscal cliff deal, approved by Congress on New Year’s Day and signed Thursday, raises taxes on the wealthiest Americans while preventing a middle-class tax increase that could have thrown the economy back into recession.With one crisis behind him, Obama faces new battles in Congress over raising the country’s $16.4 trillion borrowing limit, as well as scaling back more than $100 billion in automatic spending cuts for the military and domestic programs. The cuts are delayed by two months under the compromise.Lawmakers promise to replace those across-the-board cuts with more targeted steps that could take longer to implement.Obama, speaking from Hawaii, where he is on vacation with his family, said he is willing to consider more spending cuts and tax increases to reduce the deficit.But he said he will not compromise over his insistence that Congress lift the debt ceiling. The nation’s credit rating was downgraded the last time lawmakers threatened inaction on the debt ceiling, in 2011.“If Congress refuses to give the United States the ability to pay its bills on time, the consequences for the entire global economy could be catastrophic,” Obama said. “Our families and our businesses cannot afford that dangerous game again.”If elected officials from both parties “focus on the interests of our country above the interests of party, I’m convinced we can cut spending and raise revenue in a manner that reduces our deficit and protects the middle class,” Obama said.In the Republican address, Rep. Dave Camp of Michigan said that as attention again turns to the debt limit, “we must identify responsible ways to tackle Washington’s wasteful spending.”Americans know that “when you have no more money in your account and your credit cards are maxed out, then the spending must stop,” Camp said. ‘Fiscal cliff’ crisis barely over, Obama presses for action on raising US borrowing limit by Matthew Daly, The Associated Press Posted Jan 5, 2013 9:16 pm MDT read more

Gardaí warn people after victims lose thousands of euro in iTunes gift

first_img Tweet thisShare on FacebookEmail this article Short URL 52 Comments Gardaí warn people after victims lose thousands of euro in iTunes gift card scam In recent weeks, a number of people have fallen victim to this scam. 25,654 Views Share49 Tweet Email2 Feb 20th 2018, 10:54 PM Tuesday 20 Feb 2018, 10:54 PM Image: Shutterstock GARDAÍ HAVE WARNED people to remain vigilant after a number of people have fallen victim to a scam tricking them into purchasing iTunes gift cards.In recent weeks, a number of people have fallen victim to this scam. In counties Wicklow and Tipperary two people purchased in excess of €1,000 worth of vouchers.In Galway, another person was scammed out of €2,200. In Dublin, one person attempted to purchase €1,000 in iTunes gift cards at a supermarket, before a member of staff became suspicious and contacted gardaí.The scam works like this:The victim will receive a phone call or voicemail from the scammer, claiming to be a representative of an organisation to which they claim the victim owes money.Upon contact with the victim, the scammers will insist immediate payment is required, suggesting the payment needs to be made by purchasing iTunes gift cards from a retailer.In some of these cases, victims were told they are facing criminal charges.Once the victim has purchased these cards, the scammers will ask the victim to share the 16-digit code on the back of the card over the phone. The scammers will then use this code to purchase goods online.Gardaí have told people – particularly older people – to remain vigilant and suspicious of any calls or voicemails from people claiming to represent a company or organisation they may be a customer of.The caller may have some information about you, so don’t trust them just because they use your name or other personal information.“No company will request payment via iTunes or any other online vouchers. If you receive a call like this, end the call and contact gardaí,” a spokesperson said.Read: Garda who suffered PTSD after he was attacked by four men awarded €15,000 in compensationRead: Man presents himself to gardaí after man (24) injured in hit-and-run Image: Shutterstock By Cormac Fitzgerald http://jrnl.ie/3862910 last_img read more

Melbourne set for fireworks

first_img Facebook Twitter: @NeosKosmos Instagram Melbourne is set for one of the biggest fireworks spectacular tonight. Worth about $2.8 million, 8.5 tonnes of fireworks will light up the sky at the stroke of midnight accompanied by a ten minute music track. The fireworks will be launched from more than 20 sites in and around Melbourne’s CBD.Melbourne Lord Mayor Robert Doyle says organisers have moved the focus away from the CBD this year to encourage people to spread out across the city. Victorian Deputy Premier Peter Ryan says more than 420 general duty police officers will patrol Melbourne’s streets, backed by about 175 transit police, with Protective Services Officers (PSOs) manning the Flinders Street hub until 7:00 am (AEDT) on Tuesday.“I implore people to conduct themselves appropriately, make the right choices and don’t do stupid things on New Year’s Eve,” said Mr Ryan. This New Year’s Eve police will be issuing on-the-spot fines for loutish behaviour, while Ambulance Victoria is putting on an extra 60 paramedics and bike units in the city. There will be three official live sites on the night featuring entertainment at Flagstaff Gardens, Treasury Gardens and Docklands. An early family-oriented fireworks display will kick off at 9:30 pm (AEDT) at Yarra Park, enabling families to enjoy the celebrations early and beat the midnight rush. Public transport will be free from 6:00 pm until the first normal services on New Year’s Day and will run through the night. City loop stations will be closed before midnight so all passengers must board at Flinders Street or Southern Cross stations.Source: AAPlast_img read more

Slasher Fans Will Fall for Poser

first_imgStay on target Researchers Use Rats to Find Out Why Coffee Makes Us PoopStarbucks Will Test ‘Greener,’ Recyclable Cups in Stores Soon “Long thought to be an urban legend in the underground music scene of Redondo Beach, POSER is back to carve a gory slash through the heart of the Los Angeles South Bay!”POSER #1(W): Matt Miner (A): Clay McCormack (C): Doug Garbark (L): Taylor Esposito (CA): Clay McCormackIf there’s one thing everyone has to love on this planet (especially as a horror fan), it’s a good slasher flick. From dope movies like Scream, Valentine, Texas Chainsaw Massacre, we all love a good story that involves a little slicing and dicing every so often. From Waxwork Comics, we’re given a story that is a brilliant homage to the classic slashers with a punk twist. Poser #1 is something totally original that will slash your insides. It knocks you off your feet or stab you in the back, and you’ll be down for each other.via Waxwork ComicsMatt Miner writes a suspenseful and brutally energizing punk slasher with all the f*cked up kills you will ever dream of. Poser #1 feels like an 80s slasher of the best kind. Not just because of the fact that it starts in the 80’s. It has that vibe felt even in the present of the narrative. It has such a Jason-esque presence to the book as a whole. Something that Miner carves out within the slasher film genre and puts into this comic that is all his own.Matt Miner creates his version of the slasher’s urban legends. The geek guy that tries his hand at being one of the cool kids. He’s shut down and called a poser. Then, he takes revenge against them by ripping them to shreds and becoming an urban legend? Yes, please, give me some more. The urban legend that Miner writes cement the story. He gives readers that all too important slasher comeback story. (See what I mean by Jason-esque?) He then brings a whodunit, suspense-like vibe when he comes back for more.Another thing that Miner does so brilliantly is lay out the cast of characters for you to wonder what’s inside their heads. He does this while withholding the secret history and problems between them. There are so much tension and so much history that you don’t even mind being left in the dark. It’s honestly far more intriguing if you are with this crew. It keeps you guessing and makes you wonder. We’re left with such small clues about their relationship towards each other. We feel the pulls, the resentment and more. Miner grants us a little look inside the puzzle with these characters. He also gives us a mystery to unfold with who the Poser killer might be. He does an excellent job in building the suspense and the dynamics but immediately attacks them while leaving you wanting more.via Waxwork ComicsClay McCormack’s art is legit to die for. McCormack brings a sinister, yet disturbing and ominous amount of details to Poser #1 that drives you further into the story even when the guts are being spilled on the floor. (I am in my horror pun heaven right now.) McCormack’s pen and ink create so much chaos within his panels and immediately becomes one with Miner’s story. It’s so punk and in your face and that’s what McCormack’s art does so perfectly to match. It thrives off the chaos and becomes cinematic within the panels. Even the kills from Poser have their signature look to them. It’s one that, again, succeeds off chaos while being absolute overkill but McCormick’s art fits so well within that.Another thing that I dig about McCormack’s art is the diversity he gives within the characters. He gives them their own distinct look and persona with Miner to make them sound out. You never see the same person twice in Poser #1. The diversity of these punks set my heart on fire personally and McCormack nails every one of them and how different the scene is within.via Waxwork ComicsDoug Garbark’s color creates such a horrific yet strange neon mood. This works so well to set the tone for McCormack’s art, and Miner’s script creates that magnifies it tenfold. Remember when I said that McCormack’s art is chaotic? Garbark’s colors have a feeling of a Larry Smith film (cinematographer of Bronson, Only God Forgives, Tau), which is often as chaotic. He lays the colors in a way that progresses into that feeling. Garbark brings violet neon purples that give you the nostalgic feel in the beginning. He then melts into a real natural palette. In the end, the chaotic elements of blue, pink, violet and more. The panels there really stand out because it’s the sign that the killer is back, bringing back those neon palettes to the bar that amps more of the 80’s panels that stand out.There’s no mistaking what Taylor Esposito can do with his letters. He has a way of placing that brings everything to your attention, even if you didn’t mean it to. Poser #1 captured everything that you love about Esposito’s lettering in a nutshell. The way his balloon placements set up in every panel that completes them and doesn’t block the art. The way he varies in his setting and placement. Lastly, the way he brings everything together so smoothly, so your eyes travel from panel to panel with Miner’s script.via Waxwork ComicsIf you’re a fan of horror, especially of the slasher variety, you’re going to absolutely fall for Poser #1. Honestly, I’d be so disappointed if at some point this wasn’t made into a movie. It’s got everything that you want in your go-to slasher lovefest. Glorious gore, brilliant characters, and a killer story make Poser #1 a comic that you’ll come back for again and again. Poser #1 is now available at Waxwork Comics (with a badass 7” vinyl) and your local comic shop.Want to support great indie creators, we’ve got 5 Kickstarter campaigns to kick money to. Read our review on FHTAGN & Loathing #1. See what inspired Black Mask’s Devil Within. But as always stay on top of all things graphic novel here.Let us know what you like about Geek by taking our survey.last_img read more

8 students fall sick due to food poisoning

first_imgHyderabad: Eight students taking training under Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) at YMCA in Secunderabad were hospitalised due to food poisoning on Monday. According to the Gopalpuram police, a private organisation has been providing training to around 50 students for three months in nursing and solar courses at YMCA, Secunderabad. Also Read – Golden 90’s Music Superstars – Alka Yagnik & Kumar Sanu LIVE in Concert will be performing together for the very 1st time in the city of pearls,… Advertise With Us The same organisation also provided food and accommodation to the students at the same place. On Monday, eight students after having lunch had vomiting. Immediately, the management shifted the students to Gandhi Hospital for treatment. Police also said that doctors informed that all the eight students’ condition is better.last_img

BNP men implicated in 90000 cases in 10 yrs

first_imgBNP lawmaker Harunur Rashid on Tuesday demanded the speaker to form a parliamentary committee over ghost cases.”The home minister said there is nothing called ghost cases … I request the Speaker to form a parliamentary committee over it,” Rashid said participating in general discussion on the proposed budget for 2019-20 fiscal year in parliament, reports UNB.The Chapainawabganj-3 MP claimed that at least 90,000 cases were filed against BNP leaders and activists in the last 10 year.”Most of them are false cases. Some 2.5 million BNP leaders and activists were accused in them,” he said.Rashid said BNP men were picked up from their houses and implicated in cases.He said the BNP secretary general is facing charges in 84 cases, while 84-year-old former speaker Jamir Uddin Sircar, senior BNP leaders Khandkar Mahbub Hossain and Moudud Ahmed are facing charges of making bombs and sabotage.The BNP lawmaker claimed some 1,200 people became victims of forced disappearance in the last 10 years of this government.”I don’t know whether I’ll be able to return home after my speech in parliament. I don’t know if I’ll face the fates of Ilias Ali or Salauddin Ahmed like they were picked up by groups identifying as members of law enforcement agencies,” Rashid said.last_img read more

Researchers suggest modern gourds would not have survived without domestication

first_img © 2015 Phys.org More information: L. Kistler et al. Gourds and squashes (Cucurbita spp.) adapted to megafaunal extinction and ecological anachronism through domestication, Proceedings of the National Academy of Sciences (2015). DOI: 10.1073/pnas.1516109112AbstractThe genus Cucurbita (squashes, pumpkins, gourds) contains numerous domesticated lineages with ancient New World origins. It was broadly distributed in the past but has declined to the point that several of the crops’ progenitor species are scarce or unknown in the wild. We hypothesize that Holocene ecological shifts and megafaunal extinctions severely impacted wild Cucurbita, whereas their domestic counterparts adapted to changing conditions via symbiosis with human cultivators. First, we used high-throughput sequencing to analyze complete plastid genomes of 91 total Cucurbita samples, comprising ancient (n = 19), modern wild (n = 30), and modern domestic (n = 42) taxa. This analysis demonstrates independent domestication in eastern North America, evidence of a previously unknown pathway to domestication in northeastern Mexico, and broad archaeological distributions of taxa currently unknown in the wild. Further, sequence similarity between distant wild populations suggests recent fragmentation. Collectively, these results point to wild-type declines coinciding with widespread domestication. Second, we hypothesize that the disappearance of large herbivores struck a critical ecological blow against wild Cucurbita, and we take initial steps to consider this hypothesis through cross-mammal analyses of bitter taste receptor gene repertoires. Directly, megafauna consumed Cucurbita fruits and dispersed their seeds; wild Cucurbita were likely left without mutualistic dispersal partners in the Holocene because they are unpalatable to smaller surviving mammals with more bitter taste receptor genes. Indirectly, megafauna maintained mosaic-like landscapes ideal for Cucurbita, and vegetative changes following the megafaunal extinctions likely crowded out their disturbed-ground niche. Thus, anthropogenic landscapes provided favorable growth habitats and willing dispersal partners in the wake of ecological upheaval. Cucurbita seeds were found in mastadon dung. Credit: Lee Newsom, Penn State Cucurbita pepo gourds. Credit: Public Domain Explore further Prior evidence has shown that plants of the genus Cucurbita, which includes pumpkins, gourds and squashes, flourished during the Holocene in areas where large mammals such as giant sloths, mastodons and mammoths roamed—the huge mammals not only trampled and grazed in such areas, clearing land that the plants needed to survive, but also dispersed their seeds via their dung—thus there’s was a mutually positive relationship. But then things changed, the climate grew warmer and humans arrived with their advanced hunting skills—over time, the large mammals ceased to exist. The squash and gourds soon found it much more difficult to survive in overgrown vegetation and had little to no means of seed dispersal, which, the researchers suggest, means they would have all gone extinct had humans not begun to domesticate some varieties.To come to these conclusions, the researchers studied gourd and other seeds found in preserved large mammal dung (going back 30,000 years), which revealed a wide variety of lost species. They also tested the degree of bitterness in ancient gourd skin and then compared what they found with the results of a genome study they conducted looking at bitterness sensitivity in 46 modern animals–they found that the ancient varieties were so bitter that they would have been toxic to very small mammals and unpalatable to those somewhat larger, leaving just the largest mammals able to consume Cucurbita. The evidence indicates that most Cucurbita species began to decline approximately 10,000 years ago, and that most of them eventually went extinct. Those that we favor today only survived because humans began using them first as containers and floatation devices for fishing nets, then later, as a food source, presumably as domestication led to sweeter varieties. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Journal information: Proceedings of the National Academy of Sciences Citation: Researchers suggest modern gourds would not have survived without domestication (2015, November 17) retrieved 18 August 2019 from https://phys.org/news/2015-11-modern-gourds-survived-domestication.html (Phys.org)—A team of researchers with members from several institutions in the U.K. and U.S. has found evidence that suggests that modern gourds would have gone extinct long ago if humans had not domesticated them. In their paper published in Proceedings of the National Academy of Sciences, the team describes their study of the history of gourds in the New World and why they needed domestication to survive. Researchers try to understand consequences of declining populations of large-bodied mammalslast_img read more

OTS Goes Dark as Authority Moves to OCC

first_img July 28, 2011 435 Views Share On Thursday the “”Office of Thrift Supervision””:http://www.ots.treas.gov/ (OTS) went dark in offices and locations around the country, with the bulk of its supervisory responsibilities and employees relocating to the “”Office of the Comptroller of the Currency””:http://www.occ.treas.gov/ (OCC) and several other federal agencies. Come October, the agency ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô responsible for supervising savings banks and associations since 1989 ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô will officially cease to exist.[IMAGE]Per the Dodd-Frank Act, the OCC received transfers of authority that includes chartering, examining, and regulating savings associations with less than $10 billion in assets, some 640 institutions. The “”Consumer Financial Protection Bureau””:http://www.consumerfinance.gov/, which on Thursday received rule-making and oversight authority for 18 consumer financial laws from seven agencies, including the OCC and OTS, will assume responsibility for institutions with more than $10 billion in assets, according to “”Federal News radio””:http://federalnewsradio.com/?nid=15&sid=2469788.””The mission has not changed,”” the station reported Tim Ward, deputy comptroller of thrift supervision, as saying. “”Responsibility for oversight of the federal savings association is the same as it was before, it’s just being carried out by the OCC rather than the OTS.””[COLUMN_BREAK]In January the agencies issued a “”joint implementation plan””:http://www.occ.treas.gov/publications/publications-by-type/other-publications-reports/pub-other-joint-implementation-plan.pdf with the “”Federal Reserve””:http://www.federalreserve.gov/ and “”FDIC””:http://www.fdic.gov/ ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô two other agencies which will receive other transfers of authority from the OTS. The transfer process delineated pay systems, health benefits, and other matters that would stay in place or change for the 674 OTS employees moving to the OCC.The transfer was an orderly one, says Brian Hubbard, an OCC spokesperson. He says that the OCC and OTS began talking to each other well before Dodd-Frank passed through Congress in order to expedite the process.””We worked closely with OTS to make sure there is continuity,”” Hubbard says, citing the plan and other rules issued by the OCC. He adds that OCC and OTS examiners and supervisors began conducting joint investigations in January to streamline the transfer process. According to the spokesperson, the OCC organized 17 conferences with thrift professionals to ensure some face-time, introduce the examiners and regulators, and clarify questions about the agency merger.””The conversations were very positive,”” he says. Speaking about the transfer, he says that “”the goal of the agencies was to make this a non-event as much as possible, and evidently we’ve succeeded.””With the OCC responsible for regulating 63 percent of mortgage servicers, a question arises: How will the merger of authority and abolition of a regulatory agency at play for two decades affect the mortgage markets? “”We don’t expect much difference,”” Hubbard argues. “”The overall impact to consumers will be very transparent.”” Agents & Brokers Attorneys & Title Companies Consumer Financial Protection Bureau Dodd-Frank FDIC Federal Reserve Lenders & Servicers OCC Processing Service Providers 2011-07-28 Ryan Schuettecenter_img OTS Goes Dark as Authority Moves to OCC in Government, Origination, Servicinglast_img read more

Rent in Manhattan but Buy a Home in Baltimore

first_imgRent in Manhattan but Buy a Home in Baltimore Manhattan, New York and Santa Barbara, California are among the most expensive places to buy a home, but the best places to rent, while Baltimore, Maryland and Clayton County, Georgia, are the best counties to buy a home according to Realtor.com on Monday.  To assist prospective homebuyers determine if renting an apartment or buying a home is the better option, Realtor.com used 2017 median prices and incomes in 500 counties. The research was geared for urban and suburban dwellers—as an average monthly house payment and rent may be close to the same figure with both continuing to rise.The report, listed several financial indicators to compile a list of home prices versus monthly rent in various U.S. counties: annual median rent, median house payment, mortgage, taxes, and insurance, along with median income. However, it did not factor in the costs of down payments or annual maintenance, as well as home appreciation, which can increase the value of a home over the years.The report indicated that if money were the only factor, the top county to rent and not buy a home is New York, New York, specifically Manhattan, where the rent may be $1,915 but home prices are approximately $2.2 million.  Coming in second is Santa Barbara, California, where rent is $1,958 and homes cost approximately under $1 million.Other communities that made it to the top five rent don’t buy list included: Kings County, New York (Brooklyn); Monterrey County, California; and Suffolk County, Massachusetts (Boston).“Homeownership is the opportunity to build wealth. It also helps people be more stable. If there’s a recession and you lose your job for a year, then people can take out a home equity loan and get through the hard times,” said Joseph Kirchner, Senior Economist at Realtor.com.According to the report, the best areas to buy a home instead of rent were in Baltimore County, Maryland, where median rent is $1,443 compared to homes available for $257,000. With a median rent of $1,185 and a median home sale price of $130,000, Clayton County, Georgia (just outside Atlanta) came in second on the buy don’t rent list. Schuylkill County, Pennsylvania; Cumberland County, New Jersey; and Wayne County, Michigan (Detroit) rounded off this list. in Daily Dose, Data, Featured, News February 5, 2018 616 Views center_img Appreciation baltimore Buy Costs Down Payment Home Homeownership New York Realtor.com Rent 2018-02-05 Staff Writer Sharelast_img read more

Former coop CEO did not get job because of connections updated

first_imgThe former CEO of the Cyprus Cooperative Bank (CCB) Nicolas Hadjiyiannis on Tuesday denied landing a job with the organisation solely because of his personal connections.Hadjiyiannis served as divisional manager at Bank of Cyprus before being hired as chairman of the CCB in November 2013. In December 2015 he was appointed CEO of the Co-op.He told the panel investigating the demise of the Co-op that his appointment to the CCB in 2013 came about after a certain political party tapped him for the job, for which he had expressed an interest.Though he did not name the party, it’s understood he was referring to ruling Disy.In his four-hour testimony, Hadjiyiannis spelled out what is common knowledge, namely that political parties had a say in who got appointed to the CCB after it was nationalised in 2013.He said parties would be asked to nominate individuals, with the names going to the cabinet. Later, the finance ministry would make a formal proposal to parliament, which ratified appointments following vetting carried out by the central bank.This, however, did not mean that the nominees’ sole merit was their party affiliation.But, Hadjiyiannis recalled, of the nine members of the CCB board at the time, only one was not proposed by a party.The former executive conceded that he was friends with Finance Minister Harris Georgiades, whom he knew from his college days as well as from the English School high school in Nicosia.“We have friendly relations, which have been demonised, they have become a burden for both of us,” he said.But, he insisted, friendship was one thing, and business another.Hadjyiannis said that he is currently on a contract with Sedipes, the asset management company set up to dispose of the defunct CCB’s residual assets.He is expected to terminate his employment by the end of the month.The chairman of the inquiry Giorgos Aresti cited a report compiled by the central bank – the regulator of the CCB – which described the 2014 purchase of a new car for Hadjiyiannis as unnecessary and wasteful, particularly at a time when the Co-op was being propped up by the taxpayer.In his defence, Hadjiyiannis said all chairmen at large banks have a service car, which in his case was deemed necessary because of his extensive duties.The former executive was also asked about a memo from the auditor-general, according to which two individuals were hired to assist Hadjiyiannis – one on €55,000 per annum, and the other person (a personal assistant) on €22,000.The two individuals were ostensibly hired for the purpose of forging strategy. However, as the auditor-general pointed out, this was gratuitous as the bank’s strategy was explicitly set out in the restructuring plan for the CCB.Hadjiyiannis disagreed, arguing that the bank needed people on point to handle day-to-day developments.On regulators’ concerns over lax corporate governance at the Co-op, the former CEO said these were unfounded, given that non-performing loans were dropping while new loans had a default rate of just 1 per cent.But the balance sheet deteriorated when European banking authorities revised the criteria for loan provisions, essentially wiping out the value of collateral for primary residences.The Co-op’s single largest non-performing loan did not exceed €30m, Hadjiyiannis said.During Tuesday’s proceedings, it emerged that two disciplinary procedures had been carried out against Hadjiyiannis prior to his appointment, including one for harassing a referee before a football game.The inquiry heard that the first case concerned the violation of capital controls imposed after the island’s messy bailout deal in 2013. It related to the payment of four cheques worth around €300,000 on behalf of a law firm while he was at Laiki Bank.Hadjiyiannis had also approved payment of €6,000 by the same law firm.The reason for the second disciplinary procedure was because he had harassed a referee before a football game in 2011 using his office telephone. No other details were immediately available.Hadjiyiannis, according to the panel, had been reprimanded in the second instance.The former CEO suggested that the issue with the disciplinary probes was raised in 2015, when he was going to be appointed, in a bid to hurt the Co-op bank.Of the first procedure, he said it concluded without there being a penalty before he had left Bank of Cyprus – which absorbed certain Laiki operations – to join the Co-op months later.Hadjiyiannis said BoC CEO John Hourican wrote to the European Central Bank explaining what had happened.It had taken the European supervisor a few months to approve the appointment in December 2015.Hadjiyiannis will continue testifying on Wednesday.You May LikeUltimate Pet Nutrition Nutra Thrive SupplementAdd This One Thing To Your Dog’s Food To Help Them Be HealthierUltimate Pet Nutrition Nutra Thrive SupplementUndoLuxury Crossover SUV I Search AdsThese SUVs Are The Cream Of The Crop. 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we suffer with a lack of money, Jan 1987 Ricky Powell On Nov 15 1986 the Beastie Boys’ debut album Licensed to Ill dropped It became the first rap album to top the Billboard album chart and eventually sold over 10m copies in the United States alone “Listen I ain’t no art expert or music expert but to me they kind of had a sound that wasn’t mainstream” says Powell “It was kind of underground and made them so cool that the music industry had to bring that to the surface” Working as a messenger in the Def Jam office Powell was suddenly brought along to document the Beastie Boys’ Licensed to Ill Tour “They never expected it to become what it had become so I think a lot of the bookings were just little venues and whatnot and then it turned into arenas which is kind of the beauty of it” says Powell The Licensed to Ill tour eventually turned into the Together Forever Tour with Run-DMC with Powell joining both groups in Europe in May 1987 Powell’s images hanging out with both bands would go onto reflect two rap groups on the rise during early hip-hop’s position and acceptance as a global phenomenon “Natural chemistry is possibly a pre-requisite Every situation is unique and I think you have to have some kind of feeling If you want to have a good symbiotic relationship with a subject that you’re feeling you have to ‘be like water’ to quote Bruce Lee” Follow TIME LightBox on Facebook Twitter and Instagram Write to Kenneth Bachor at kennethbachor@timecomRep Trey Gowdy a South Carolina Republican and former federal prosecutor who led the Benghazi investigation and Alice Fisher assistant attorney general for the Justice Department’s criminal division for President George W Bush are under consideration Mike Rogers a former Republican congressman from Michigan who led the House Intelligence panel and former New York City police Commissioner Ray Kelly also are on the list said the official who spoke on condition of anonymityThat list is likely to grow the official saidTrump fired Comey on Tuesday after what White House spokeswoman Sarah Sanders described as months of rising frustration with the FBI director dating back to Trump’s election Comey was leading the FBI investigation into potential collusion between Trump campaign officials and Russian government agents who sought to manipulate the outcome of the US presidential election Comey also publicly dismissed Trump’s claim that former President Barack Obama spied on himTrump disparaged Comey as "a showboat" and "a grandstander" in an interview with NBC News aired Thursday May 11The firing has plunged the Trump White House into another political crisis as Democrats have roundly castigated the decision and some Republicans have expressed uneaseTrump once called Gowdy’s Benghazi hearings a "disaster" suggesting they fell short of producing enough damaging evidence against Clinton for her tenure as secretary of state during a 2012 attack in Libya that led to four American deaths Gowdy supported Sen Marco Rubio in the 2016 Republican primary elections before ultimately supporting Trump as the nomineeFisher the former Bush administration lawyer is a partner with Latham & Watkins in Washington and focuses on white-collar and international criminal cases according to the firm’s websiteRogers retired from Congress in 2015 after seven terms to pursue a career in talk radio He advised the Trump presidential transition team on national security issues but was asked to leave at about the same time New Jersey Governor Chris Christie was removed as head of the transitionRogers who declined to comment had criticized Trump’s unsubstantiated claim in March that Obama spied on him saying on CNN that the president had "put another quarter in the conspiracy parking meter" "It makes no sense to me whatsoever" he said at the time "The only winner in this whole thing is Vladimir Putin"But Rogers has also said that government officials who leak information to news media should be more aggressively pursued That stance that may be attractive to Trump who has frequently complained about leaks from his administrationTwo days after Comey’s firing there is still shock within the Federal Bureau of Investigation said a former senior agent with contacts within the bureau Rank-and-file agents regard Trump’s decision on Comey’s replacement as a tipping point in the question over whether the FBI remains independent or becomes politicized under the new president said the former agentRogers is respected in foreign-policy and intelligence communities and he would likely be well received by Republican leaders in Congress but Democrats would regard him as too political a choice FBI agents also would prefer a director who is less political than Rogers said the former agent who asked not to be identified to protect his relationships within the bureauRogers was chairman of the House Intelligence Committee when Obama fired former Defense Intelligence Agency director Michael Flynn in 2014 After Mike Pence replaced Christie as the head of the Trump transition effort toward the end of 2016 Flynn — by then one of Trump’s closest advisers — assumed control of national security issues Rogers abruptly exited within days of that power shiftTrump fired Flynn his first national security adviser in February for misleading Pence about the extent of his conversations with a Russian envoy before Trump’s inaugurationKelly 75 is the first person from Trump’s native New York to rise from beat patrolman to police commissioner and was the longest-serving head of the nation’s largest police force holding the post a total of 13 yearsHe was appointed commissioner by Democratic Mayor David Dinkins and again by Republican Mayor Michael Bloomberg who is also the founder and majority owner of Bloomberg LP In between he gained experience leading federal law enforcement agencies under President Bill Clinton as commissioner of the US Customs Service and as undersecretary of enforcement at the US Treasury Department He is now vice chairman of K2 IntelligenceJim Pasco a Trump ally and executive director of the Fraternal Order of Police said Kelly would be an FBI director "right out of central casting"Other people floated as possible picks also include Dana Boente a US attorney who briefly filled in as acting attorney general after Trump fired Sally Yates in January; John Pistole a former director of the Transportation Security Administration and a former FBI deputy director; and Michael Mason a senior vice president at Verizon Inc and a former FBI executive assistant directorSen Mike Lee a Utah Republican asked White House officials on Wednesday to consider US Appeals Court Judge Merrick Garland as a replacement for Comey Lee spokesman Conn Carroll said Obama nominated Garland for the US Supreme Court last year but Senate Republicans refused to consider himGarland was previously a federal prosecutor who oversaw the 1995 Oklahoma City bombing investigation Lee publicly suggested replacing 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