Saturday, March 31, 2012

Reuters: Most Read Articles: Ultra-marathon runner Micah True found dead in New Mexico

Reuters: Most Read Articles
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Ultra-marathon runner Micah True found dead in New Mexico
Apr 1st 2012, 02:02

By LAURA ZUCKERMAN

Sat Mar 31, 2012 10:02pm EDT

(Reuters) - Ultra-marathon runner Micah True, missing for four days in the rugged wilderness of New Mexico, was found dead on Saturday, police said.

True, 58, was found in the mountainous Gila National Forest in southwest New Mexico, near the Arizona border in the early evening, said Tom Bemis, incident commander with the New Mexico State Police.

Nicknamed "Caballo Blanco," or White Horse, True became a celebrity after he was featured in the best-selling book "Born to Run" by Christopher McDougall.

True left the Wilderness Lodge and Hot Springs, four miles from the Gila Cliff Dwellings National Monument, on Tuesday, and did not return. The lodge owner notified authorities on Wednesday.

Police then launched a massive search for the missing man, with 15 search teams totaling 60 people combing through 200,000 acres of steep canyons and shallow rivers in the high desert.

His body was found with no obvious signs of injury, police said. A medical examiner was en route, but because of the rugged terrain his body was not likely to be retrieved until Sunday.

True had left for a 12-mile run carrying a water bottle and wearing shorts and a t-shirt. He left his dog at the lodge.

In January, True wrote on his Facebook page: "If I were to be remembered for anything at all, I would want that to be that I am/was authentic. No Mas. Run Free!"

True was the race director for the Copper Canyon Ultra Marathon, a roughly 50-mile race that drew a dedicated group of runners to Northern Mexico.

(Writing by Mary Slosson; Editing by Greg McCune)

  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
Read more »

Reuters: Most Read Articles: Dead wolf photos stir tensions in West

Reuters: Most Read Articles
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Dead wolf photos stir tensions in West
Mar 31st 2012, 20:25

By Laura Zuckerman

SALMON, Idaho | Sat Mar 31, 2012 4:25pm EDT

SALMON, Idaho (Reuters) - Photos of dead and maimed wolves have pervaded the Internet in recent weeks, raising tensions in the Northern Rocky Mountains over renewed hunting and trapping of the once federally protected animals.

Escalating rancor between hunters and animal rights activists on social media and websites centers on pictures of wolves killed or about to be killed. Many have text celebrating the fact that Western states are allowing more killing of the predators.

Commenting on a Facebook-posted image of two wolves strangled to death by cable snares, an individual who identified himself as Shane Miller wrote last month, "Very nice!! Don't stop now, you're just getting started!"

A person going by the name Matthew Brown posted the message, "Nice, one down and a BUNCH to go!" in response to a Facebook image of a single wolf choked to death in a snare.

Such pictures and commentary have intensified online arguments over the ethics of hunting and trapping wolves. The debate took a threatening turn this week with an anonymous email warning that animal rights advocates will "be the target next."

In Idaho and Montana, hundreds of the animals have been killed -- mostly through hunting -- less than a year after being removed from the U.S. endangered species list.

Stripping the wolves of federal protection last spring opened the animals to state wildlife management, including newly licensed hunting and trapping designed to reduce their numbers from levels the states deemed too high.

Since the de-listing last May, Idaho has cut its wolf population by about 40 percent, from roughly 1,000 to about 600 or fewer. Some 260 wolves have been killed in Montana, more than a third of its population, leaving an estimated 650 remaining.

The U.S. Fish and Wildlife Service has also proposed lifting the protected status for another 350 wolves in Wyoming.

The threatening note received by an anti-trapping group based in Missoula, Montana, this week has drawn scrutiny from federal and local law enforcement.

The group says it was likely singled out because it had criticized and widely circulated a snapshot of a smiling trapper posed with a dying wolf whose leg was caught in the metal jaws of a foothold trap on a patch of blood-stained snow.

VILLAIN OR VICTIM?

Once common across most of North America, wolves were hunted, trapped and poisoned to near extinction in the lower 48 states by the 1940s under a government-sponsored program.

Decades later, biologists recognized that wolves had an essential role as a predator in mountain ecosystems, leading to protection of the animal under the Endangered Species Act.

Wolves were reintroduced in the mid-1990s over the vehement objections of ranchers and sportsmen, who see the animals as a threat to livestock and big-game animals such as elk and deer.

Environmentalists say the impact of wolves on cattle herds and wildlife is overstated and that the recent removal of federal safeguards could push the wolf back to the brink.

Wolves have long been vilified in the region as a menace, symbolizing for some a distant federal bureaucracy imposing its rules on the West.

"They're putting us and our way of life out of business," said Ron Casperson, co-owner of Saddle Springs Trophy Outfitters in Salmon, Idaho. "It makes me sick every day I look at this country. These wolves ... I mean, come on."

State wildlife managers had predicted that such passions would ease once the wolves were de-listed and states gained control. But discourse on the Internet and social networks appears to have grown more hostile.

Some hunters have expressed discomfort at the apparent bloodlust unleashed on the Internet, which they see as tarnishing the reputation of a sport that attracts less than 15 percent of Americans.

'SCREAMING FOR MERCY'

"There are two groups -- one supports fair chase and ethical hunting, and the other views the reintroduction of wolves and the recovery with venom," said veteran sportsman Rod Bullis of Helena, Montana.

Idaho Fish and Game Commissioner Gary Power said he was bombarded with letters and emails from people representing extremes on both sides of the debate.

"There are some folks out there stirring the pot: ‘Get rid of government, get rid of this, they shoved it down our throats, kill them all,' and they are adding to the contentiousness," he said.

Animal rights activists said they are sickened at the online flurry of pictures depicting wolf kills, and alarmed by comments suggesting a growing desire to shoot, trap and snare wolves.

"Roughly $40 million has been spent on wolf recovery, and now we are witnessing the second extermination of wolves in the West," said Wendy Keefover, director of carnivore protection for WildEarth Guardians.

Idaho and Montana are required to maintain about 150 wolves per state each year to prevent federal protection from being imposed again.

But Idaho plans to more than double the number of wolves a hunter may take in some areas for the 2012-13 season, raising their bag limit to 10.

Montana is seeking to raise its wolf-hunt quotas, and state wildlife managers are discussing allowing trapping, which is currently illegal there. At least one Montana county is considering a bounty for wolves killed by licensed hunters.

This week's email threat to the animal advocacy group Footloose Montana raised the acrimony to a new level.

The image posted on its Facebook page was taken from the Trapperman.com website, including text that joked about the wolf being shot and wounded by a passersby after it was caught -- "lucky they were not real good shots."

The photo went viral over the Internet last weekend, and on Monday Footloose Montana received the email threat.

The message said "I would like to donate a gun to your childs (sic) head to make sure you can watch it die slowly so I can have my picture taken with it's (sic) bleeding dying screaming for mercy body." Then the email, a copy of which Footloose gave to Reuters, said the recipients would be the next targets.

A Missoula Police Department detective, Sergeant Travis Welsh, confirmed this week that investigators were looking into a "report from a local institution about a malicious email."

Footloose Executive Director Anja Heister said FBI agents had interviewed a member of her group about the threat, but an FBI spokeswoman declined to comment.

By Tuesday, Trapperman.com, a site whose mission statement declares, "Always keep in mind that we are the true protectors of wildlife and the wild places in which the animals live," had removed pictures of dead or dying wolves and commentary.

(Editing by Steve Gorman, Cynthia Johnston and Sandra Maler)

  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
Read more »

Reuters: Most Read Articles: Three winning tickets sold in record $656 million U.S. lottery

Reuters: Most Read Articles
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Three winning tickets sold in record $656 million U.S. lottery
Apr 1st 2012, 01:28

Store owner Jean Shin places a sign with the updated jackpot at the Town & Country news stand in Los Angeles, California March 30, 2012. REUTERS/Mario Anzuoni

1 of 4. Store owner Jean Shin places a sign with the updated jackpot at the Town & Country news stand in Los Angeles, California March 30, 2012.

Credit: Reuters/Mario Anzuoni

By David Beasley

ATLANTA | Sat Mar 31, 2012 9:28pm EDT

ATLANTA (Reuters) - The largest lottery jackpot in U.S. history - a whopping $656 million - will be shared by the buyers of three winning Mega Millions tickets in Illinois, Kansas and Maryland - but their identities remained a mystery, lottery officials said on Saturday.

A pre-dawn call alerted Denise Metzger, manager of a Motomart convenience store, to news from lottery officials that her store had sold a winning ticket in the tiny farming community of Red Bud in southern Illinois, with less than 4,000 residents, about 30 miles southeast of St. Louis.

"I screamed, I woke my husband up," said Metzger, whose retail outlet will receive $500,000 for selling a winning ticket.

The Mega Millions lottery created a stir across the country, with people rushing to buy the $1 tickets in time for a shot at the humongous jackpot. In all, more than a billion tickets were sold.

At least two of the winners' tickets were "quick picks" - meaning all six numbers of the Mega Millions lottery computer selected the lucky numbers announced at the drawing Friday night in Atlanta: 2-4-23-38-46 and Mega Ball 23.

Lottery officials said winning tickets were purchased at a 7-Eleven store in Milford Mill, Maryland, near Baltimore, and the Motomart convenience store in Red Bud. The Kansas Lottery said a winning ticket was sold in the most populated northeastern part of the state but did not give the precise location.

Winners could receive either a one-time payment of their share or take it in 26 annual installment payments.

The three tickets each were worth more than $213 million before taxes, if the payout was over 26 years. If taken in a lump sum, the windfall would be about $105.1 million, officials said.

"Each of the winners gets $105.1 million in cash after taxes roughly, but who cares about pennies at this point?" said Carole Everett, spokeswoman for the Maryland Lottery.

No matter who wins the jackpot, one certain winner is the U.S. Internal Revenue Service. The tax-collecting agency subjects lottery winnings of more than $5,000 to a 25-percent federal withholding tax.

'EVERYONE IN TOWN'

Metzger said residents swarmed the store within hours of the announcement to check their tickets, although no winner had yet emerged, she said.

"I think everyone in town has been here already," she joked.

Though that winner - who had not yet contacted Illinois lottery officials - may want to remain anonymous, in Illinois the state is required to eventually list his or her identity in public records.

The winning Maryland ticket was a single quick-pick ticket sold on Friday at the 7-Eleven franchise in Milford Mill, Everett said.

"They are shocked they are getting the $100,000 bonus," Everett said of Ethiopian immigrants Abera and Mimi Tessema, who have owned the 7-Eleven for 10 years and learned they would get a winning seller's bonus.

In addition to the three jackpot winners, there were three tickets that matched the Mega Ball number to win $1 million each and 158 tickets that picked five of the six chosen numbers to win $250,000 each, said Kelly Cripe, spokeswoman for the Texas Lottery, which oversaw the Mega Millions game.

The previous largest Mega Millions jackpot was $390 million in 2007, which was split between two ticket holders in Georgia and New Jersey.

About half the lottery money goes back to ticket holders in the form of winnings, 35 percent to state governments and 15 percent to retailer commissions and lottery operating expenses.

(Additional reporting by Alex Dobuzinskis in Los Angeles, Barbara Goldberg in New York, Teresa Carson in Portland, Keith Coffman in Denver and Laura Zuckerman in Idaho; Editing by Philip Barbara and Will Dunham)

  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
Read more »

Reuters: Most Read Articles: Kansas man struck by lightning hours after buying lottery tickets

Reuters: Most Read Articles
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Kansas man struck by lightning hours after buying lottery tickets
Mar 31st 2012, 20:36

By Kevin Murphy

KANSAS CITY, Kansas | Sat Mar 31, 2012 4:36pm EDT

KANSAS CITY, Kansas (Reuters) - A Kansas man was struck by lightning hours after buying three Mega Millions lottery tickets on Thursday, proving in real life the old saying that a gambler is more likely to be struck down from the sky than win the jackpot.

Bill Isles, 48, bought three tickets in the record $656 million lottery Thursday at a Wichita, Kansas grocery store.

On the way to his car, Isles said he commented to a friend: "I've got a better chance of getting struck by lightning" than winning the lottery.

Later at about 9:30 p.m., Isles was standing in the back yard of his Wichita duplex, when he saw a flash and heard a boom -- lightning.

"It threw me to the ground quivering," Isles said in a telephone interview on Saturday. "It kind of scrambled my brain and gave me an irregular heartbeat."

Isles, a volunteer weather spotter for the National Weather Service, had his portable ham radio with him because he was checking the skies for storm activity. He crawled on the ground to get the radio, which had been thrown from his hand.

Isles had been talking to other spotters on the radio and called in about the lightning strike. One of the spotters, a local television station intern, called 911. Isles was taken by ambulance to a hospital and kept overnight for observation.

Isles said doctors wanted to make sure his heartbeat was back to normal. He suffered no burns or other physical effects from the strike, which he said could have been worse because his yard has a power line pole and wires overhead.

"But for the grace of God, I would have been dead," Isles said. "It was not a direct strike."

Isles said he had someone buy him ten more tickets to the Mega Millions lottery on Friday night. While one of the three winning tickets was sold in Kansas, Isles was not a winner.

Officials of the Mega Millions lottery, which had the largest prize in U.S. history, said that the odds of winning lottery were about 176 million to one. Americans have a much higher chance of being struck by lightning, at 775,000 to one over the course of a year, depending on the part of the country and the season, according to the National Weather Service.

Isles, who is out of work after being laid off last June by a furniture store, said he did once win $2,000 in the lottery and will keep playing.

"The next time I will use the radio while sitting in the car," he said.

(Editing by Greg McCune)

  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
Read more »

Reuters: Most Read Articles: UPDATE 4-Three winners of record $656 mln U.S. lottery jackpot

Reuters: Most Read Articles
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
UPDATE 4-Three winners of record $656 mln U.S. lottery jackpot
Mar 31st 2012, 17:50

Sat Mar 31, 2012 3:28pm EDT

* At least two winning tickets were 'quick picks'

* Record-breaking windfall kept rising (Adds details, quotes, edits)

By David Beasley

ATLANTA, March 31 (Reuters) - Three lucky ticket-holders in Illinois, Kansas and Maryland will share the largest lottery jackpot in U.S. history of $656 million, after about 1.5 billion $1 tickets were sold, lottery officials said on Saturday.

At least two of the winners' tickets were "quick picks" - meaning all six numbers of the Mega Millions lottery computer picked the winning numbers announced at the drawing Friday night in Atlanta: 2-4-23-38-46 and Mega Ball 23.

Lottery officials said the lucky tickets were purchased at a 7-Eleven store in Milford Mill, Maryland, near Baltimore, and the Motomart convenience store in the southern Illinois farming town of Red Bud. Kansas has not released details yet of the winning ticket.

A pre-dawn call alerted Motomart manager Denise Metzger to news from lottery officials that a winning ticket was sold at her store in the tiny farming community of Red Bud, with less than 4,000 residents, about 30 miles southeast of St. Louis.

"I screamed, I woke my husband up," said Metzger, whose retail outlet will receive $500,000 for selling a winning ticket.

Residents swarmed the store within hours of the announcement to check their tickets, although no winner has yet emerged, she said.

"I think everyone in town has been here already," she joked.

Though the winner - who has not yet contacted Illinois lottery officials - may want to remain anonymous, in Illinois the state is required to eventually list his or her identity in public records.

Winners could receive either a one-time payment of their share or take it in 26 annual installment payments.

The three tickets were worth more than $213 million before taxes, if the payout was over 26 years. If taken in a lump sum, the windfall would be about $105.1 million, officials said.

"Each of the winners gets $105.1 million in cash after taxes roughly, but who cares about pennies at this point?" said Carole Everett, spokeswoman for the Maryland Lottery.

SINGLE QUICK PICK WINS

The winning Maryland ticket was a single quick pick ticket sold at about 7:15 p.m. on Friday at the 7-Eleven franchise in Milford Mill, Everett said.

"They are shocked they are getting the $100,000 bonus," Everett said of Ethiopian immigrants Abera and Mimi Tessema, who have owned the 7-Eleven for 10 years and learned they would get a winning seller's bonus.

In addition to the three jackpot winners, there were three tickets that matched the Mega Ball number to win $1 million each and 158 tickets that picked five of the six chosen numbers to win $250,000 each, said Kelly Cripe, spokeswoman for the Texas Lottery, which oversaw the Mega Millions game.

Kansas lottery officials were not releasing the exact location where the ticket was sold except to say that it was in the most populated northeast part of the state.

The jackpot kept rising during Friday before the drawing as millions of players tried their luck, buying about 1.5 billion tickets and pushing the figure to $656 million, lottery officials said.

The previous largest Mega Millions jackpot was $390 million in 2007, which was split between two ticket holders in Georgia and New Jersey.

About half the lottery money goes back to ticket holders in the form of winnings, 35 percent to state governments and 15 percent to retailer commissions and lottery operating expenses.

No matter who wins the jackpot, one certain winner is the U.S Internal Revenue Service. The tax-collecting agency subjects lottery winnings of more than $5,000 to a 25-percent federal withholding tax. (Additional reporting by Alex Dobuzinskis in Los Angeles, Barbara Goldberg in New York, Teresa Carson in Portland, Keith Coffman in Denver and Laura Zuckerman in Idaho; Editing by Greg McCune and Philip Barbara)

  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
Read more »

Reuters: Most Read Articles: World record $640 million lottery numbers drawn

Reuters: Most Read Articles
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
World record $640 million lottery numbers drawn
Mar 31st 2012, 05:07

By David Beasley

ATLANTA, March 31 | Sat Mar 31, 2012 1:07am EDT

ATLANTA, March 31 (Reuters) - Officials drew the numbers for a record jackpot of $640 million in the Mega Millions lottery on Friday night, but had yet to announce the winners - or single lucky winner.

The winning numbers, announced at the drawing in Atlanta, were 2-4-23-38-46 and Mega Ball 23. It was expected to take hours to identify the winner or winners due to the sheer number of the $1 tickets sold.

Odds of winning the entire jackpot are 175 million to one, said Margaret DeFrancisco, president and chief executive of the Georgia Lottery Corporation.

If a single ticket matches all six winning numbers, the player would receive either a one-time payment of $462 million or the full jackpot in 26 annual installment payments.

If there are multiple winning tickets, the winnings will be split equally among the lucky customers. If no one wins, the jackpot will grow to $975 million.

"There is a tremendous amount of buzz and excitement," DeFrancisco said. Buyers lined up this week across the United States to purchase the lottery tickets.

"I'm going to pay off my law school loans," one woman said. Another woman said she drove to Colorado from Wyoming to buy tickets because the Mega Millions game isn't available there.

The previous largest Mega Millions jackpot was $390 million in 2007, which was split between two ticket holders in Georgia and New Jersey.

About half the lottery money goes back to ticket holders in the form of winnings, 35 percent to state governments and 15 percent to retailer commissions and lottery operating expenses.

No matter who wins the jackpot, one certain winner is the U.S Internal Revenue Service. The tax-collecting agency subjects lottery winnings of more than $5,000 to a 25-percent federal withholding tax. (Additional reporting by Teresa Carson in Portland, Keith Coffman in Denver and Laura Zuckerman in Idaho; Editing by Anthony Boadle)

  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
Read more »

Reuters: Most Read Articles: UPDATE 1-Record $640 mln U.S. lottery has at least one winner

Reuters: Most Read Articles
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
UPDATE 1-Record $640 mln U.S. lottery has at least one winner
Mar 31st 2012, 06:26

Sat Mar 31, 2012 2:26am EDT

(Updates with a winner in Baltimore)

By David Beasley

ATLANTA, March 31 (Reuters) - The largest lottery jackpot in U.S. history totaling $640 million has at least one winner and officials were waiting early on Saturday to see if there are other winning tickets.

Maryland lottery officials announced that a winning ticket was purchased at a store in Baltimore County, though they had not identified the winner yet.

"This is truly remarkable and historic," said Maryland lottery director Stephen Martino.

If there is more than one winning ticket with all six numbers of the Mega Millions lottery drawn on Friday night the winners split the jackpot.

The winning numbers announced at the drawing in Atlanta were 2-4-23-38-46 and Mega Ball 23. It was expected to take hours to identify possible winners due to the sheer number of the $1 tickets sold.

Odds of winning the entire jackpot are 175 million to one, said Margaret DeFrancisco, president and chief executive of the Georgia Lottery Corporation.

If a single ticket matches all six winning numbers, the player would receive either a one-time payment of $462 million or the full jackpot in 26 annual installment payments.

"There is a tremendous amount of buzz and excitement," DeFrancisco said. Buyers lined up this week across the United States to purchase the lottery tickets.

"I'm going to pay off my law school loans," one woman said. Another woman said she drove to Colorado from Wyoming to buy tickets because the Mega Millions game isn't available there.

The previous largest Mega Millions jackpot was $390 million in 2007, which was split between two ticket holders in Georgia and New Jersey.

About half the lottery money goes back to ticket holders in the form of winnings, 35 percent to state governments and 15 percent to retailer commissions and lottery operating expenses.

No matter who wins the jackpot, one certain winner is the U.S Internal Revenue Service. The tax-collecting agency subjects lottery winnings of more than $5,000 to a 25-percent federal withholding tax.

(Additional reporting by Teresa Carson in Portland, Keith Coffman in Denver and Laura Zuckerman in Idaho; Editing by Anthony Boadle)

  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
Read more »

Friday, March 30, 2012

Reuters: Most Read Articles: Prosecutors say two former Penn State officials lied multiple times

Reuters: Most Read Articles
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Prosecutors say two former Penn State officials lied multiple times
Mar 31st 2012, 04:58

Former Penn State Athletic Director Tim Curley walks through the press after his arraignment on perjury charges in Harrisburg, Pennsylvania, November 7, 2011. REUTERS/Pat Little

1 of 2. Former Penn State Athletic Director Tim Curley walks through the press after his arraignment on perjury charges in Harrisburg, Pennsylvania, November 7, 2011.

Credit: Reuters/Pat Little

By Mark Shade

HARRISBURG, Penn. | Sat Mar 31, 2012 12:58am EDT

HARRISBURG, Penn. (Reuters) - State prosecutors listed a number of instances on Friday in which they said two former Penn State University officials lied to a grand jury about their involvement in the Jerry Sandusky sex abuse scandal.

Former Athletic Director Tim Curley and now-retired financial officer Gary Schultz pleaded not guilty in January to charges of perjury and failing to report abuse allegations against Sandusky to police.

Former Penn State defensive football coordinator Sandusky, who has maintained his innocence and is under house arrest, was arrested in November and has been charged with 52 counts of molesting 10 boys over a period of 15 years. His trial is due to begin in June.

The explosive scandal focused national attention on child sex abuse and led to the firing of Penn State's legendary head coach Joe Paterno and university President Graham Spanier. Paterno died in January.

In response to a petition by Curley and Schultz to have the charges against them dropped, the Pennsylvania Attorney General's Office provided a list of 15 times in which they said Curley lied to the grand jury, and 18 for Schultz.

For example, prosecutors said that when an attorney asked if then-graduate assistant Mike McQueary "did not specifically tell you there was anal intercourse occurring between Jerry Sandusky and this child," Curley lied when he responded with, "Absolutely not, that he did not tell me that."

When Schultz was asked if McQueary had related what he saw when Sandusky and a boy were allegedly showering together on campus, the former head of campus security responded: "No. My recollection was McQueary and Joe (Paterno) both only described what was observed in a very general way. There was no details."

Prosecutors also wrote that they believe the former Penn State employees were trying to "take advantage" of Paterno's death from lung cancer.

Curley and Schultz argued in their February motions to dismiss the perjury charges, saying Paterno was not available to support McQueary's testimony during their criminal trial and there was no one else to back up his claim.

"McQueary's testimony was corroborated by that of his father, John McQueary … (who) testified that he met with Defendant Schultz some time after the incident described by his son," wrote Bruce Beemer, the attorney general's chief of staff.

"At that meeting, Schultz's words and behavior indicated that he understood that Michael … had witnessed sexual contact between Sandusky and the boy. Because Schultz would have learned of such from Michael McQueary, the testimony of Michael McQueary is corroborated," Beemer said.

The attorneys for Curley and Schultz, Caroline Roberto and Tom Farrell, had little to say in response to the prosecution's rebuttal.

"We have received the prosecution's filings and look forward to reviewing their responses," they said in a joint statement.

(Editing By Cynthia Johnston)

  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
Read more »

Reuters: Most Read Articles: World record $640 million lottery numbers drawn

Reuters: Most Read Articles
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
World record $640 million lottery numbers drawn
Mar 31st 2012, 05:10

1 of 4. Store owner Jean Shin places a sign with the updated jackpot at the Town & Country news stand in Los Angeles, California March 30, 2012.

Credit: Reuters/Mario Anzuoni

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
Read more »

Reuters: Most Read Articles: Supreme Court takes up healthcare in secrecy

Reuters: Most Read Articles
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Supreme Court takes up healthcare in secrecy
Mar 30th 2012, 21:52

Television news networks report live on the sidewalk during the third and final day of legal arguments over the Patient Protection and Affordable Care Act at the Supreme Court in Washington, March 28, 2012. REUTERS/Jonathan Ernst

Television news networks report live on the sidewalk during the third and final day of legal arguments over the Patient Protection and Affordable Care Act at the Supreme Court in Washington, March 28, 2012.

Credit: Reuters/Jonathan Ernst

By James Vicini

WASHINGTON | Fri Mar 30, 2012 5:52pm EDT

WASHINGTON (Reuters) - Supreme Court justices on Friday held closed-door deliberations on President Barack Obama's healthcare overhaul law, likely casting preliminary votes on how they will eventually rule on their highest-profile case in years.

In an institution known for keeping its secrets, no leaks are likely before formal opinions have been written and announced from the bench. That is not expected to occur until late June, when the court is set to go on its regular summer recess.

The justices' private conference, a meeting in which they typically discuss and vote on cases heard earlier in the week, came after three days of historic arguments over the healthcare law that ended on Wednesday.

Legal experts said only a handful of people - mainly consisting of the nine justices and their law clerks - know about the outcomes of these conferences, and they do not talk about it. Law clerks are sworn to secrecy.

"Confidentiality is drilled into clerks from day one," said University of Richmond associate law professor Kevin Walsh, a law clerk to Justice Antonin Scalia in the court's 2003-04 term.

"The rules and warnings only heightened the obligation we already felt to maintain confidentiality born out of our respect for the Supreme Court and our desire to protect it," he said.

"And it's not like working for the CIA, where you may take secrets to the grave. The big news of any given term - what the court has decided - all comes out into the open by the end of June," Walsh said.

The Supreme Court's private conferences are held with only the justices attending. The meeting room, located on the second floor, is relatively small, oak-paneled and with a fireplace and a rectangular table. It is just off the chambers of Chief Justice John Roberts.

"WE SHOULD REPORT IT"

In recent decades there have been no leaks of Supreme Court rulings, including the momentous 2000 decision that stopped a Florida vote recount, clearing the way for Republican George W. Bush to become president over Democrat Al Gore.

There have been no leaks in high-stakes financial cases including ones affecting the tobacco industry. Stocks of insurers and other healthcare companies could be roiled by any ruling on the two-year-old healthcare law, Obama's signature domestic policy achievement.

The last time Supreme Court leaks emerged as an issue was under Chief Justice Warren Burger, who left the court in 1986.

Then-ABC TV journalist Tim O'Brien reported in 1986 that the court the next day would strike down a key part of a law to balance the U.S. government's budget. He was right about the outcome, but the ruling did not come down until weeks later.

In 1979 he correctly reported the ruling in a major libel case involving the CBS News television show "60 Minutes."

Burger accused an employee in the printing shop of tipping O'Brien and had the employee transferred. The employee denied disclosing any information about the ruling.

"The court has the right to protect its secrets," said O'Brien, who has left ABC and who acknowledged that leaks of rulings are rare.

"But if the news media learns about it, we should report it," said O'Brien, an attorney who has taught law. "People don't watch us or read us because of our ability to keep the government's secrets."

In 1973 Time magazine correctly predicted the court's historic decision that women have a constitutional right to an abortion. Burger then warned all the law clerks not to speak to or be seen with news reporters.

(Reporting By James Vicini and Joan Biskupic; Editing by Kevin Drawbaugh and Xavier Briand)

  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
Read more »

Reuters: Most Read Articles: Unpaid bloggers' lawsuit versus Huffington Post tossed

Reuters: Most Read Articles
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Unpaid bloggers' lawsuit versus Huffington Post tossed
Mar 30th 2012, 19:42

Arianna Huffington, president and Editor-in-Chief of The Huffington Post Media Group, attend a news conference for the launching of ''Le Huffington Post'' in Paris January 23, 2012. REUTERS/Charles Platiau

Arianna Huffington, president and Editor-in-Chief of The Huffington Post Media Group, attend a news conference for the launching of ''Le Huffington Post'' in Paris January 23, 2012.

Credit: Reuters/Charles Platiau

By Jonathan Stempel

Fri Mar 30, 2012 3:42pm EDT

(Reuters) - AOL Inc on Friday won the dismissal of a lawsuit by unpaid bloggers who complained they were deprived of their fair share of the roughly $315 million that the company paid last March to buy The Huffington Post website.

U.S. District Judge John Koeltl rejected claims by social activist and commentator Jonathan Tasini and an estimated 9,000 other bloggers that they deserved $105 million, or about one-third, of the purchase price.

The lawsuit contended that the work of unpaid content providers like bloggers gave The Huffington Post much of its value, and that the website's sale allowed co-founder Arianna Huffington to profit at their expense. Tasini said he alone had made 216 submissions to the website over more than five years.

But Koeltl said "no one forced" the bloggers to repeatedly provide their work with no expectation of being paid, and said they got what they bargained for when their works were published.

"The principles of equity and good conscience do not justify giving the plaintiffs a piece of the purchase price when they never expected to be paid, repeatedly agreed to the same bargain, and went into the arrangement with eyes wide open," the judge wrote.

Koeltl also dismissed claims that AOL materially misled the bloggers about how often their works were being viewed, and how much revenue they were generating. He dismissed the case with prejudice, meaning it cannot be brought again.

"This is the electronic equivalent of someone writing a letter to the editor," John Coffee, a professor at Columbia Law School, said in an interview. "You are rewarded by publication, not by payment."

Jeff Kurzon, a lawyer for the bloggers, said, "We are reviewing the decision and considering our options."

AOL spokesman Mario Ruiz had no immediate comment.

The Huffington Post is a left-leaning, part-news and part-opinion website that has since its 2005 founding relied in part on free contributions to attract traffic. It said it had 36.2 million unique visitors in December.

Tasini was also the lead plaintiff in a landmark 2001 case in which the U.S. Supreme Court said publishers violate copyright law when they reproduce freelance works electronically without first obtaining permission from copyright owners.

The case is Tasini et al v. AOL Inc et al, U.S. District Court, Southern District of New York, No. 11-02472.

(Reporting By Jonathan Stempel in New York; Editing by Steve Orlosky)

  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
Read more »

Reuters: Most Read Articles: Exclusive: Soros' son strikes out on his own

Reuters: Most Read Articles
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Exclusive: Soros' son strikes out on his own
Mar 30th 2012, 23:40

By Jennifer Ablan and Matthew Goldstein

NEW YORK | Fri Mar 30, 2012 7:40pm EDT

NEW YORK (Reuters) - The upheaval within billionaire investor George Soros' firm continues as one of his sons is separating some of his personal fortune to manage it himself.

Jonathan Soros, who stepped down in September from day-to-day management of Soros Fund Management LLC, plans to hire at least one of his father's key employees, say two people familiar with the situation.

The two sources said Soros' son intends to set up his own family office - something the Soros Fund converted to last year - with the help of David Kulsar, currently chief risk officer for the Soros Fund.

"Jonathan wants to manage some of his own money so the (Soros Fund) family office has made that accommodation for him," said a source familiar with the situation but who was not authorized to discuss the matter.

Jonathan Soros, who was a law clerk for a federal judge before joining with his brother Robert in 2002 to oversee the management of Soros Fund, did not return calls or emails seeking comment. He currently is a senior fellow with the Roosevelt Institute, a liberal think tank group in New York.

Kulsar, who also did not return a phone call seeking comment, worked in risk management for John Meriweather's JWM Partners before joining the Soros Fund. Meriweather founded Long-Term Capital Management, the hedge fund whose collapse in 1999 sparked fears of a financial crisis.

YEAR OF CHANGE

There's no indication of a family feud between father and son - Jonathan Soros continues as chairman of his father's foundation. But the move comes after a year of a big changes and significant losses at the $25 billion firm founded by the elder Soros, a wealthy liberal philanthropist who rose to investing fame on his big bet against the British pound.

These developments are part of an ongoing series of structural changes as the Soros fund evolves as a family office, one of the sources familiar with the matter said.

Last summer, the Soros Fund announced it was returning some $1 billion to investors and would cease to operate as a hedge fund and would convert to a family office. The switch enabled the Soros Fund to avoid the March 30 deadline for registering as an investment manager with the U.S. Securities and Exchange Commission.

The firm now mainly manages money for the elder Soros, family and his foundation. George Soros has five children.

The changes continued in September with Scott Bessent, a former Soros disciple, returning to the firm to become chief investment officer and taking over the daily management of the firm from Soros' sons Jonathan and Robert.

Behind the scenes, it also was a rough year for the firm's main investment portfolio, the Quantum Fund. The fund declined about 15 percent last year, say two people familiar with the firm's performance who did not want to be identified because they don't speak for the firm.

The poor performance came in a year when the average hedge fund declined about 5 percent in 2011.

The Quantum Fund also took a big write-down on a $200 million investment it has with Philip Falcone's Harbinger Capital Management hedge fund, something Reuters previously has reported. Harbinger fell about 47 percent as Falcone's big bet on building a wireless network called LightSquared appears to be faltering.

The Soros firm ended a rough year by laying off a handful of analysts and portfolio managers. In December, a Soros spokesman called the layoffs part of the normal course of business at the firm.

(Reporting by Matthew Goldstein and Jennifer Ablan; Additional reporting by Svea Herbst-Bayliss; Editing by Edward Tobin, Gary Hill)

  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
Read more »

Reuters: Most Read Articles: World record $640 million lottery drawing set for Friday night

Reuters: Most Read Articles
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
World record $640 million lottery drawing set for Friday night
Mar 30th 2012, 22:17

Veronica Balbas holds her Mega Millions lottery tickets for Friday's draw in Lawndale, California, March 29, 2012. Lottery fever spread across the United States on Thursday with people in more than 40 states buying tickets for the Mega Millions jackpot that has reached an all-time record of $500 million, officials said. REUTERS/Jonathan Alcorn

1 of 2. Veronica Balbas holds her Mega Millions lottery tickets for Friday's draw in Lawndale, California, March 29, 2012. Lottery fever spread across the United States on Thursday with people in more than 40 states buying tickets for the Mega Millions jackpot that has reached an all-time record of $500 million, officials said.

Credit: Reuters/Jonathan Alcorn

By David Beasley

ATLANTA | Fri Mar 30, 2012 6:17pm EDT

ATLANTA (Reuters) - Buzz is building around the largest lottery jackpot in world history -- now up to $640 million -- ahead of the Mega Millions drawing taking place in Atlanta late Friday night.

Buyers have lined up this week in 42 U.S. states, the District of Columbia and the U.S. Virgin Islands to purchase $1 tickets for the Mega Millions lottery.

In most participating states, tickets will be on sale Friday until 10:45 p.m. EST, lottery officials said.

The drawing will be held in Atlanta at 11 p.m. EST.

Odds of winning the entire jackpot are 175 million-to-1, said Margaret DeFrancisco, president and chief executive of the Georgia Lottery Corporation.

If a single ticket matches all six winning numbers, the player would receive either a one-time payment of $462 million or the full jackpot in 26 annual installment payments.

If there are multiple winning tickets, the winnings will be split equally among the lucky customers.

"There is a tremendous amount of buzz and excitement," DeFrancisco said on Friday.

The previous largest Mega Millions jackpot was $390 million in 2007, which was split between two ticket holders in Georgia and New Jersey.

It will be early Saturday morning before lottery officials verify whether there are any winning tickets, according to the Mega Millions website.

About half of the lottery money goes back to ticket holders in the form of winnings, 35 percent to state governments and 15 percent to retailer commissions and lottery operating expenses.

If no one wins Friday night, the jackpot will grow to $975 million. Lottery officials are considering moving the next drawing after Friday to Times Square in New York City as the anticipation and jackpot build, DeFrancisco said.

"It's the number one media market in the world," she said. "It's the world stage."

Tim Schnabel, a marriage and family therapist in Monroe, Georgia, said he purchased 25 Mega Millions tickets and plans to establish a foundation to help improve parenting skills if he wins.

"When it gets to astronomical sums that we're looking at now, not only would it change my life, but it will change the lives of everyone around me," Schnabel said.

(Editing By Colleen Jenkins and Paul Thomasch)

  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
Read more »

Confirm your unsubscription from 'Reuters: Most Read Articles'

To confirm that you no longer wish to receive updates from 'Reuters: Most Read Articles', please click on the following link:

http://blogtrottr.com/unsubscribe/confirm/gZZGRn/19ZgtC


If you weren't expecting to receive this email, then simply ignore it and we'll go away.

Read more »

Reuters: Most Read Articles: MasterCard, Visa warn of possible security breach

Reuters: Most Read Articles
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
MasterCard, Visa warn of possible security breach
Mar 30th 2012, 18:01

A MasterCard logo is seen on a door outside a restaurant in New York in this February 3, 2010 file photo. MasterCard Inc is investigating a potential security breach related to a third-party vendor and has alerted banks and law enforcement officials, the company said on March 30, 2012. The credit-card processor said the issue involves a company based in the U.S. and is also being reviewed by an independent data-security organization. REUTERS/Shannon Stapleton/Files

A MasterCard logo is seen on a door outside a restaurant in New York in this February 3, 2010 file photo. MasterCard Inc is investigating a potential security breach related to a third-party vendor and has alerted banks and law enforcement officials, the company said on March 30, 2012. The credit-card processor said the issue involves a company based in the U.S. and is also being reviewed by an independent data-security organization.

Credit: Reuters/Shannon Stapleton/Files

By Lauren Tara LaCapra

Fri Mar 30, 2012 2:01pm EDT

(Reuters) - MasterCard Inc and Visa Inc have notified U.S. banks of a potential security breach, the latest in a string of incidents that have put the personal information of millions of credit card holders at risk.

The companies, which are the two largest global credit card processors, said the issue stemmed from a third-party vendor and not their own internal systems.

Discover Financial Services said it is also monitoring accounts for suspicious activity and will reissue cards "as appropriate."

Following news of the breach, shares of Atlanta-based Global Payments Inc, which acts as a credit-checking middleman between merchants and card processors, were halted after dropping more than 9.1 percent. A representative did not immediately return a request for comment.

MasterCard said it notified law enforcement officials and has hired an independent data-security organization to review the possible breach. A U.S. Secret Service spokesman said the agency was investigating, but declined to give any specifics about the breach.

"MasterCard is concerned whenever there is any possibility that cardholders could be inconvenienced and we continue to both monitor this event and take steps to safeguard account information," the company said in a statement. "If cardholders have any concerns about their individual accounts, they should contact their issuing financial institution."

Visa said it provided banks with affected customers' account numbers and emphasized that customers are not responsible for fraudulent purchases.

The companies' statements came after the blog Krebs on Security reported that MasterCard and Visa have been alerting banks across the U.S. about a "massive" breach that may affect more than 10 million cardholders. The report said accounts were compromised between January 21, 2012 and February 25, 2012.

JPMorgan Chase & Co said has been notified of the breach and is monitoring affected customers' accounts.

Representatives of other big debit- and credit-card issuers, including Bank of America Corp and Citigroup Inc, as well as card processor American Express Co, either declined to comment on the matter or did not immediately respond to inquiries.

Thousands of U.S. banks that issue credit and debit cards receive daily alerts regarding breaches through a system referred to as CAMS, said Thomas McCrohan, an analyst with Janney Capital Markets.

PROCESSING PIPELINE

Once a person swipes a card to pay, the transaction is sent through a chain of processing.

The account number, expiration date and possibly the card holder's name is sent from the point of payment to a processor which then connects to Visa or MasterCard. Information is then sent to the card issuer â€" a bank â€" which ultimately authorizes the transaction.

The actual transfer of money occurs later.

The information that was likely collected illegally is called Track 1 and Track 2 data. A person improperly using the information can transfer the account number and expiration date to a magnetic stripe on a card and then try and use the card on a web site such as eBay Inc.

Those transactions are aggregated and sent to a server, said Avivah Litan, security analyst at Gartner Research, but "it has a lot of hops along the way" before the card information reaches a processor.

The illegal use of the data could be stymied if an online merchant asks for the three or four digits printed on a card known as the "CVV code."

Processing companies, which perform millions of authorizations each day, are also supposed to encrypt card information. But a breach could occur if someone gains access to the system and identifies a gap in the encryption.

"The systems can all be made tighter, but if they're too tight no transactions would ever be approved," said Edward Lawrence, a director at Auriemma Consulting Group, a payment systems consultant. "You still have to allow commerce to occur."

The Visa-Mastercard breach is the first major instance this year of consumer information put at risk by technological flaws or hacking, but there are plenty of examples of massive data breaches in recent years, affecting banks, retailers, technology companies and payment processors.

Last June, Citigroup said computer hackers breached the bank's network and accessed data of about 200,000 card holders in North America.

Sony also reported several recent attacks, including one last year in which hackers accessed the personal information on 77 million PlayStation Network and Qriocity accounts.

Google Inc suffered a major attack on its Gmail accounts in 2011 that it said appeared to originate in China, and companies including TJX Companies Inc and Heartland Payment Systems Inc have also had their systems compromised.

"The fact that there has been another breach at a credit card processor shouldn't come as a great surprise," said Geoff Webb of data-protection company Credant Technologies. "Credit card thieves are constantly looking for opportunities to identify and attack sites where there is a weakness in security."

(Reporting by Lauren Tara LaCapra, Carrick Mollenkamp and Jed Horowitz in New York, Joseph Menn in San Francisco, Ben Berkowitz in Boston, and Rick Rothacker in Charlotte, North Carolina; writing by Lauren Tara LaCapra; editing by Gerald E. McCormick and Andre Grenon)

  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
Read more »

 
Great HTML Templates from easytemplates.com.