Alaska senator Ted Stevens indicted in corruption scandal

Tuesday, July 29, 2008

United States Senator Ted Stevens of Alaska has been indicted by federal grand jury on seven criminal counts for making false statements in his Senate financial disclosure forms. The longest-serving Republican in the Senate, Stevens is the highest-profile politician ensnared in the corruption scandal surrounding VECO Corporation and its executives’ attempts to influence politics.

VECO, a subsidiary of CH2M Hill as of September 2007, is an oil pipeline and services company. It is alleged to have funded renovations to the Stevens home in Girdwood, Alaska in 2000. The renovations include a new garage and first floor, a two story wrap-around deck, as well as new wiring and plumbing. In 2007, VECO chief executive Bill Allen pleaded guilty to charges of extortion, bribery, and conspiracy.

The 28-page indictment alleges that Stevens “knowingly and willfully engaged in a scheme to conceal” gifts from VECO, which totaled “hundreds of thousands of dollars worth of things of value.”

A press release was issued by Stevens’ office in response to the allegations: “I am innocent of these charges and intend to prove that.” And Stevens himself commented, “I have never knowingly submitted a false disclosure form required by law as a U.S. senator.” Senator Daniel Inouye, a close friend of Stevens, commented: “As far as he’s concerned, he’s not guilty. And I believe him.”

Stevens was reportedly caught unawares on Tuesday when the indictment charge was filed. “Apparently, the media knew about it before he did,” Inouye stated, adding that he had just talked to Stevens. Ted Stevens was in a meeting with other Republicans when he found out about the charge.

Stevens is the longest-serving Republican senator in history and is up for reelection this November. Calls to his office in Washington for comment were redirected to a voicemail indicating that his “office is closed.”

The United States Department of Justice says it has already obtained seven convictions in the case: Peter Kott, a former Speaker of the Alaska House of Representatives; Thomas T. Anderson, a former state representative; Victor H. Kohring, another representative; James A. Clark, chief of staff to the former governor of Alaska; William Bobrick, a lobbyist; Bill Allen, VECO chief executive; and Richard L. Smith, VECO vice president of government relations.

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News briefs:June 26, 2006

The time is 18:00 (UTC) on June 26th, 2006, and this is Audio Wikinews News Briefs.

Contents

  • 1 Headlines
    • 1.1 East Timor Prime Minister resigns
    • 1.2 Israeli soldier taken captive
    • 1.3 King’s Cross railway station in London evacuated
    • 1.4 Production of oil in Iraq reaching new highs
    • 1.5 Stem cells used to cure paralysis in rats
    • 1.6 New Zealand house prices to fall says the Reserve Bank Governor
    • 1.7 Pamela Anderson visits Greece, promoting the MAC AIDS Fund
    • 1.8 Australian man arrested after dragging dead possum behind car
    • 1.9 Digg 3.0 released
  • 2 Closing statements

[edit]

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Wikinews interviews former Republican U.S. Senator Bob Smith on his latest run for office

Sunday, June 21, 2009

Earlier this month, former Republican U.S. Senator Bob Smith announced his candidacy for Florida’s open Senate seat in the 2010 midterm election. Smith, who was one of New Hampshire’s senators for two terms — which amounts to twelve years — said he is running for office in his recently adopted home state due to his disapproval of the direction in which America is headed. He is very optimistic about the conservative change he can potentially bring to Congress which is currently controlled by liberal-minded members of the Democratic Party.

Smith has, however, some major hurdles to overcome in the Republican primary. He is facing two well known politicians who have been elected to statewide office numerous times. The chief of these is current Governor Charlie Crist, a moderate-to-liberal who is currently leading in the polls. The second is former Speaker of the Florida House Marco Rubio, a center-right 38-year-old who has been criticizing Crist for months on the support he has shown for President Barack Obama’s controversial economic stimulus package.

Despite trailing both in recent polls, Smith believes that the polls themselves are irrelevant as the primary is over one year away. He is devoting the remainder of this summer to building up grassroots and financial support for his campaign.

Wikinews reporter Joseph Ford had the opportunity to speak with him about his run this past weekend.

“We must deliver a message that appeals to all members of the Republican Party, and that will appeal to Floridians in the general election,” Smith proclaimed. “I am in this race because I want to make my experience as a U.S. Senator available to my fellow Floridians.”

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Homeopathy proponents jailed for allowing daughter to die

Wednesday, September 30, 2009

In Sydney, Australia, Thomas and Manju Sam were jailed after being convicted of manslaughter on Monday. The court found they had failed to take their ill daughter to medical appointments, and shunned the effective conventional medical treatments offered. Instead they chose homeopathic ‘alternative’ medical treatments which the medical profession generally considers to be pseudoscience. As a result, their then nine-month-old malnourished daughter Gloria died of the skin disorder eczema in 2002.

In the evidence, the Crown prosecutor, Mr Tedeschi, said that the Sams ignored repeated advice to send Gloria to a skin specialist for her eczema. The severity of her condition made her skin so thin that it was constantly breaking and becoming infected. Creams provided by medical doctors were not used; they preferred to employ homeopathic drops as a method to treat her illness. By the time they finally sought treatment, “her skin was weeping, her body malnourished and her corneas melting”, and she died from the complications and massive infection caused by the effectively untreated eczema.

Gloria suffered helplessly and unnecessarily … from a condition that was treatable.

In his ruling, Supreme Court Justice of New South Wales Peter Johnson stated that “Gloria suffered helplessly and unnecessarily … from a condition that was treatable.”

Thomas received a maximum sentence of eight years and is no longer allowed to practice homeopathy. Manju received a maximum sentence of five years and four months.

Homeopathy is a form of alternative medicine which uses substances that have gone through a process of serial dilution so extensive that in most cases, no molecules of the original are likely to remain. There is no convincing evidence that it has any effect greater than placebo. For it to work as homeopaths claim, basic well-tested scientific laws would have to be wrong.

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We Will Benefit A Lot From Blood Type Of Losing Weight

We will benefit a lot from blood type of losing weight

by

lixi

Blood type method of losing weight is to lose weight to the end. Various blood people have various forms of personality, and then is there a different way to lose weight. Copyreader has a share in the kind of people and of kind blood type weight loss methods with you, calling attention to the food of all blood types of different people have different functions well. The blood type diet to lose weight will help you lose weight more quickly and effectively.

We have different forms of blood. Most people have form O blood, the other is the A-and B-type, but is relatively rare form AB. We know, blood type will affect character, so, if blood type to everyone\’s impact on reducing weight? The answer is yes.

According to a natural therapy doctor, Peter j. D \’Adamo version of the story, different types of people lose weight, with their respective can eat and can\’t eat food. In his book \”different blood type to eat different foods, had a different life\”, he explains why different blood should eat and should not eat some food, and every type of exercise should be different.

[youtube]http://www.youtube.com/watch?v=MJA4_Ctay_w[/youtube]

D \’Adamo explains Dr. about blood type diet, blood type, your body\’s chemical elements, it will affect how your body absorb nutrients, and therefore the classification of food according to blood type. Blood type diet, not only can lose weight, also can improve immune system function, improve personal compressive capacity, increase your energy level. On the other hand, the diet promote blood type of individual healthy life.

According to Dr.Adamo saying, O blood type diet should follow a low carbohydrate, high protein diet rules. Therefore, they should eat more fish, vegetables and fruits. Their diet should not focus on food, eating too much food grains may be not conducive to their health. And in the movement, the person of O blood can be personal aerobic exercise, in keep health at the same time also can burn fat, reach the effect losing weight.

The A-type blood people should avoid red meat, wheat and dairy products. Their weight loss diet should be controlled in fish, vegetables, legumes, grains and tofu. Blood type A weight loss exercise is recommended to those gentle stretch of light exercise, such as yoga and meditation.

B-type blood people may indulge in meat, dairy products, vegetables, legumes and fruits. However, they should avoid peanuts, chicken, lentils and corn. The B blood type weight loss exercise is recommended cycling and walking, these two movements is more suitable for B-type blood.

To loose weight in right ways, you would need to exercise frequently. Then the

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Article Source:

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Low Budget Option Trading Strategies

By Brad Levi

I am sure we would all like to make a lot of money with the best option trading ideas. In fact, there are concepts and methods that can be implemented using a small options trading account, for example, using a $,2000 account, and risking $300 – $500 on single, selective, and fair probability trades. These are the trades that would have a smaller probability of going well, than the rest we usually do, but they can often have a huge profit potential. And I mean huge beyond anything you can imagine!

We are going to discuss 2 such high profit potential concepts, and one small profit potential concept. They are all considered low budget option trading ideas, and can be implemented using ATM or OTM options.

1.Capturing company mergers and acquisitions phases

2.Capturing technical momentum breakouts

3.Ways to trade OTM options in high probability setups

Lets see them in detail, concept 1 is well known, but is it really possible to know where the next merger will occur? The fact is that most of the mergers happen during market tops and bottoms, they dont happen as often in a any other period. In fact the vast majority of companies, do that! During market tops and bottoms, so you only have to watch out just before that major market top or bottom. That is the top of a bull market and the bottom of a bear market, but there are also, other rare cases in between, where a merger may be detected.

It takes a lot of research, fundamental research and market savvy to figure out what weak balance sheet companies could merge with what strong companies. And how they see mutual benefits. If you cant do it yourself, you can still find experts who perform this fundamental analysis, follow the news closely, and could provide you with the list of the favourable candidates.

Beyond that, you should also understand yourself how this works, for example: what if company A merges with Company B? And if A is much bigger and stronger than B, then Bs stock price will skyrocket! And not only you can buy Bs stock at a low price, but if the merger is set to take place during a bear market bottom, then both the stocks of A and B will be significantly lower than their actual intrinsic value, or just way lower than their 5 year highs!

Actual profit potential on company mergers is enormous, sometimes you can turn $500 into $30,000 by just buying a cheap ATM or OTM Call option! It may sound like a long shot bet, but it doesnt have to be like that! You can increase the probability of winning by doing your own research at the right time, and on the most likely candidate stocks. That way you know, that you are really getting the odds on your side, even if you place a series of 10 trades, at $500 each, and 8 trades lose say 50% of their value because of the merger plans being cancelled, you can still make a fortune on the remaining two!

[youtube]http://www.youtube.com/watch?v=AWqgegFjyNo[/youtube]

If we assume you lose a total of $2,000 on the trades gone bad, and this is a worst case scenario! You still get 2 mergers right, and you get in early in the options trade, what if these two trades make a 20fold gain on your $500 option trade? You get back $20,000 from these 2 accurate trades!

This technique is possible and requires a lot of market savvy in analyzing and monitoring company news and their business outlook.

Then we have technique number 2, capturing technical momentum that is about to be released. Well believe it or not, most of the time, high volume, quality stocks whose companies are about to merge, DO produce technical indications on the charts. These indications are foretelling of a huge breakout to occur, even though we cannot be so sure about the direction, with a little bit of more digging into the news and fundamentals we can gain more insight as to what the most likely scenario is.

Please be aware that option brokers are the market makers here, they will use all information available to price their option premiums. The good news is that they can only use what is out there, and as we have seen, the options pricing formula uses stock parameters that are merely a story about the past. In no way does implied volatility accurately predict stock price fluctuation, it does provide accuracy on average, and over 1000s of stocks so that option brokers adjust the premiums at a fair price. Call options sellers (From whom you will buy your Call option) will be paid a fair premium.

But this doesnt mean they cannot be completely wrong on a single stock, of course they can be wrong!

This is like car insurance companies, their insurance premiums are calculated to protect the company against the average expected loss, and sure the company will never lose money in the long term. But they cannot predict and pinpoint the driver that will make the next massive claim, neither are they clever enough to identify the number of fraudulent claims some savvy car drivers successfully make!

Statistics works collectively, but is not a crystal ball! And the option pricing formula often gets caught, completely off guard when a technical breakout occurs, that is because this formula doesnt take technical analysis into account!

In fact some people and some academics dont believe in technical analysis at all.

For the rest of us who do believe in technical analysis, we have seen it very often, proving market makers and their option premiums wrong!

Check out this simple triangle formation on the Microsoft stock (MSFT), this pattern is a very reliable breakout pattern, and the options pricing formula does not see it:

In such cases, or even other even more dramatic cases, you can buy cheap ATM options, and make a very good profit. The option market makers will offer you a cheap ATM option, or even a really cheap OTM option. In the above case of Microsoft, an OTM option could be really cheap, and have a Delta of around 10. A Delta of 10 means that the option will only make $0.10 for every $1 the stock moves higher, up until it becomes ITM. A Delta of 10 also tells you that they believe this option has a 10% probability of expiring in-the-money, and it may sound discouraging, almost like a lottery ticket. But the technical analysis picture above tells me that the stock will prevail over the option pricing formula and the low Delta! The only thing I need is enough price movement.

This is just an event of uneven probability, (event A is far more likely than event B) here we know that they have kept premiums low, even though we know volatility will breakout soon, and I also know the stock will most likely go up. I can therefore profit from this move by risking a very small amount of money!

Again, like I mentioned, these opportunities emerge here and there, everyday in the markets. The probability is there, to actually outsmart the market makers by profiting big, from a cheap option. Like I said, from an opportunity perspective, its equivalent to fooling a car insurance company and making a fraudulent claim, one that their experts cannot understand.

Bear in mind that Mergers and Technical breakouts can sometimes coincide, you may get technical confirmation of the suspected merger, even though we treat them separately!

Finally, we have the 3rd concept mentioned in this article, that is trading only OTM options, ideally selling them. This is not something new, but we need to focus on the low-budget option trading principle!

By observing implied and historical volatilities, using Anlayzetrade.com back testing tools, one can sell OTM options when these are the most expensive, and then buy them back when they become cheaper (When implied volatility is low compared to implied volatility range, and historical volatility range)

Selling options is not a low budget strategy, but there are ways and strategies that take care of this by implementing protection, (covered option writing) where the trader finds the opportunity to write options, then also finds a trade to hedge this risk just to minimise the margin requirements of the broker, and make it indeed a low budget selling strategy.

For example we have seen Calendar spreads, where you can profit from the fast time decaying option, while staying protected from moderate adverse moves. This eliminates the need of a large account size. But we can also devise trades where the objective is to profit from the underlying stocks move, while being sellers. Again popular ideas are not very profitable or smart. You still need stock-specific, technical analysis based strategies. But they do work! And Analyzetrade.com offers just the tools required to develop these strategies. The objective here is to write ITM options of high value, that will become OTM and cheap, within few days.

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About the Author: Option Software from Asio Investment Tools gives you the opportunity to practice on historical charts and test against actual market conditionswithout risking a penny of your money!

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Source:

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Permanent Link:

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Woman finds human finger in bowl of chili at Wendy’s restaurant

Thursday, March 24, 2005

San Jose, California — A woman eating a bowl of chili at a Wendy’s restaurant bit into a chewy bit that turned out to be a human finger. She immediately spat it out, warned other patrons to stop eating, and upon recognizing the object as a finger, vomited.

“I’m more of a Carl’s Jr. person,” the 39-year-old Las Vegas woman, Anna Ayala, told Knight Ridder. She said this incident was her first visit to a Wendy’s restaurant. Ayala described how she found the finger, “Suddenly something crunchy was in my mouth,” she continued, “and I spit it out.”

According to Devina Cordero, 20, after Ayala found the finger, she ran up to her and Cordero’s boyfriend and said, “Don’t eat it! Look, there’s a human finger in our chili.”

“We went up to the counter and they told us it was a vegetable,” Cordero continued. “The people from Wendy’s were poking it with a spoon.”

The restaurant is located at 1405 Monterey Highway, just south of downtown San Jose.

Wikinews reporter David Vasquez drove his car up to the drive-thru menu and found that chili was still on the menu, at a price of US$1.19 for a small serving. He also witnessed workers unloading supplies from a semi-trailer truck in the restaurant’s parking lot, and carting them into the back door of the establishment.

According to Ben Gale, director of environmental health for Santa Clara County, the finger did not come from any of the employees at the restaurant. “We asked everybody to show us they have 10 fingers and everything is OK there,” he said. The found portion of the finger likely belonged to a woman because of its long and manicured fingernail, also found in the food.

Officials seized the food supply at the restaurant and are tracing it back to the manufacturer, where they believe the finger may have gotten mixed in with the raw ingredients used to prepare the chili. The restaurant’s operators were later permitted to re-open after preparing new chili prepared from fresh ingredients.

As this story was filed, there was no mention of the incident on the Wendy’s corporate web site. Wendy’s issued a statement through a spokesman.

“Food safety is of utmost importance to us,” said Wendy’s spokesman Joe Desmond. He referred to the incident as an “unsubstantiated claim.”

“We are cooperating fully with the local police and health departments with their investigation. It’s important not to jump to conclusions. Here at Wendy’s we plan to do right by our customers,” Desmond said.

According to county health officials, the unfortunate woman who bit into the finger is doing fine, despite her initial reaction. Officials also noted that the finger would have been cooked at a high enough temperature to destroy any viruses.

The Santa Clara county medical examiner reported that the finger had a solid fingerprint, although investigators did not say if a search of fingerprint databases would be performed to find the owner of the finger.

This article features first-hand journalism by Wikinews members. See the collaboration page for more details.
Categories Uncategorized

Woman finds human finger in bowl of chili at Wendy’s restaurant

Thursday, March 24, 2005

San Jose, California — A woman eating a bowl of chili at a Wendy’s restaurant bit into a chewy bit that turned out to be a human finger. She immediately spat it out, warned other patrons to stop eating, and upon recognizing the object as a finger, vomited.

“I’m more of a Carl’s Jr. person,” the 39-year-old Las Vegas woman, Anna Ayala, told Knight Ridder. She said this incident was her first visit to a Wendy’s restaurant. Ayala described how she found the finger, “Suddenly something crunchy was in my mouth,” she continued, “and I spit it out.”

According to Devina Cordero, 20, after Ayala found the finger, she ran up to her and Cordero’s boyfriend and said, “Don’t eat it! Look, there’s a human finger in our chili.”

“We went up to the counter and they told us it was a vegetable,” Cordero continued. “The people from Wendy’s were poking it with a spoon.”

The restaurant is located at 1405 Monterey Highway, just south of downtown San Jose.

Wikinews reporter David Vasquez drove his car up to the drive-thru menu and found that chili was still on the menu, at a price of US$1.19 for a small serving. He also witnessed workers unloading supplies from a semi-trailer truck in the restaurant’s parking lot, and carting them into the back door of the establishment.

According to Ben Gale, director of environmental health for Santa Clara County, the finger did not come from any of the employees at the restaurant. “We asked everybody to show us they have 10 fingers and everything is OK there,” he said. The found portion of the finger likely belonged to a woman because of its long and manicured fingernail, also found in the food.

Officials seized the food supply at the restaurant and are tracing it back to the manufacturer, where they believe the finger may have gotten mixed in with the raw ingredients used to prepare the chili. The restaurant’s operators were later permitted to re-open after preparing new chili prepared from fresh ingredients.

As this story was filed, there was no mention of the incident on the Wendy’s corporate web site. Wendy’s issued a statement through a spokesman.

“Food safety is of utmost importance to us,” said Wendy’s spokesman Joe Desmond. He referred to the incident as an “unsubstantiated claim.”

“We are cooperating fully with the local police and health departments with their investigation. It’s important not to jump to conclusions. Here at Wendy’s we plan to do right by our customers,” Desmond said.

According to county health officials, the unfortunate woman who bit into the finger is doing fine, despite her initial reaction. Officials also noted that the finger would have been cooked at a high enough temperature to destroy any viruses.

The Santa Clara county medical examiner reported that the finger had a solid fingerprint, although investigators did not say if a search of fingerprint databases would be performed to find the owner of the finger.

This article features first-hand journalism by Wikinews members. See the collaboration page for more details.
Categories Uncategorized

Leading Motives Wicker Patio Household Furniture Is Better Than Plastic

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Leading Motives Wicker Patio Household furniture is Better Than Plastic

by

Andre Krenz

When you need to add some flavor and consolation for your patio – probably you\’ll like a much more healthy and easy-breezy look with your interiors as well – then search no more than

wicker patio household furniture

. Wicker furnishings happens within a vast array of styles and sizes, but more on that after. Prior to you make the main mistake most people today do when choosing household furniture for his or her indoor and out of doors desires, consider very first what you will probably be acquiring in return to your investment.

(And that seriously is how you need to examine your household furniture purchases – as investments.)

[youtube]http://www.youtube.com/watch?v=RLrbEFL2mEc[/youtube]

Most individuals, specifically those people seeking something to maintain outdoors during the pleasurable-filled spring time or people lazy times of summer months, really don\’t wish to devote lots of money. So what comes about? They finish up generating purchases that very last a season (with luck), and typically end result within a complete-caliber look for a paltry 6 weeks afterwards. This usually results in investing in cheaper plastic-created chairs and tables – hardly snug and hardly an excellent importance.

Prior to you make that mistake, think about these leading motives to decide on furnishings as a substitute:

Wicker furnishings is strong. The weave lends a deceptive power to home furniture that you is not going to locate in away-the-assembly-line plastics. It is specifically produced for person\’s wear and tear, in addition as nearly anything that Mom Nature herself can throw at it. You may certainly not have to be concerned about upkeep possibly, as wicker is manufactured purely from nature, so it can be at your home inside the parts.

Wicker furnishings catches the eye. Naturally made furnishings including wicker patio home furniture are simply just a lot more pleasing to check out than their plastic factory-built counterparts. With wicker, you\’ve got a glimpse that guests will uncover appealing irrespective of what the planning traits are.

Wicker patio furnishings is additional expense helpful than you could feel. Yes, a fantastic deal far more craftsmanship goes into making a wicker chair or sofa, but the returns are a lot far more rewarding. Though you might shell out extra for wicker patio household furniture upfront, that price goes straight down more than time as you learn that wicker lasts for several years and a long time lengthier than regular cheaply created plastics.

Wicker patio furnishings gives you choices. With wicker, your household furniture looks classy and elegant whether it really is inside or out. Think about becoming able to furnish your total residing area with this materials, so lightweight, durable and attractive! Or, you can stick it external for morning breakfast or evening dinner – perhaps even as being a at ease site to learn because the kids execute. There is no use out of your dilemma for wicker! And if you are considered one of people individuals who likes to change up the appear of your rooms each and every now after which, forget about transferring heavy, bulky furnishings that you will pay far more for inside of of a retailer, because with wicker, it\’s effortless to maneuver AND simpler on your back.

Wicker patio furniture won\’t just make wonderful patio furniture. It would make good furnishings, interval. Figure out by deciding upon it to your property or garden and reap the rewards for a long time to come!

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Article Source:

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