November 9th, 2018

Enron executives Kenneth Lay and Jeffrey Skilling found guilty

">
Enron executives Kenneth Lay and Jeffrey Skilling found guilty

Thursday, May 25, 2006

A jury in Houston found Former Enron Corp. CEOs Kenneth L. Lay and Jeffrey K. Skilling guilty of 6 kinds of white-collar crime on May 25. Lay was convicted of all ten counts against him, while Skilling was convicted of only nineteen of the charged twenty-eight counts. The variety of charges on which both men were convicted was astonishing; conspiracy, wire fraud, false statements to banks and auditors, and others. Both men now face many years in prison.

Outside the courtroom, Skilling continued to proclaim his innocence. “Obviously, I’m disappointed, but that’s the way the system works,” Skilling said after the verdict. He is expected to appeal. Lay did not immediately speak to reporters outside the courtroom.

The verdict was reached on the sixth day of deliberations after a four-month-long trial and brings to a close the first of the wave of accounting scandals earlier in the decade. The verdict also represents another major victory for the government, which has successfully prosecuted a number of high-profile executives involved in accounting scandals, as well as obtained sixteen guilty pleas from former Enron executives.

Sentencing has been set for September 11, 2006. U.S. District Judge Sim Lake ordered Lay to post a $5 million bond and surrender his passport before leaving the courtroom.

Uncategorized | No Comments »

November 9th, 2018

Commonwealth Bank of Australia CEO apologies for financial planning scandal

">
Commonwealth Bank of Australia CEO apologies for financial planning scandal

Thursday, July 3, 2014

Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.

Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).

Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.

In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”

An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.

Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.

Uncategorized | No Comments »

November 8th, 2018

Collect Metals For Easy Recycling Using A Dumpster In Ct

Click Here To Know More About:

byAlma Abell

Waste and debris are quickly becoming a major issue, and part of the problem is how much of this stuff ends up in the local landfill. The sad thing about this is the fact that much of the rubbish that enters the dump can be recycled. For instance, most paper, plastic and glass products are recyclable and practically all kinds of metal. Recycling just requires someone to make the effort to get these wasted materials to a recycling center. One way to handle this issue is a Dumpster CT. Using the dumpster to store the debris until a sizable load is accumulated can offset the expense of picking it up.

One thing about recycling that most people either don’t know or have forgotten is that these materials have value, especially metal. This is one reason so many automobile junkyards strips and recycles damaged vehicles. Once the quickly moving items are in the warehouse, the remainder is crushed for easier shipping to a smelter. Recycling other metals like a scrap from a machine shop can be just as rewarding, and businesses such as Calamari Recycling Co Inc. can help with both the recycling and collection aspects of this issue.

If someone mentions that recycling is not worth the effort, it is easy to set them straight. Just remember that recycled metals can save energy and provide them with a few figures. For example, aluminum can save up to 95 percent of the energy used for making this metal from raw ores. Copper is another favorite with an 85 percent savings and steel can range from 50 to 75 percent in energy savings. All of this effort will also reduce the carbon footprint of the country, and future generations will appreciate the effort. The expenses can be limited by using a Dumpster CT for containing the metals to be recycled.

Keep in mind that recycling provides other benefits such as reducing the number of mines used to access ores and reserving these ores for future generations. However, some benefits of recycling may be seen in the near future, and this can include less garbage in the landfills, lower carbon emissions, and better air quality. Browse website here and discover more benefits of recycling scrap metals.

Gold | No Comments »

November 8th, 2018

Wikimania 2007 Exhibitions shows the culture of freedom

">
Wikimania 2007 Exhibitions shows the culture of freedom

Saturday, August 4, 2007

This article mentions the Wikimedia Foundation, one of its projects, or people related to it. Wikinews is a project of the Wikimedia Foundation.

On the second day of Wikimania 2007 in Taipei, Group Sessions continued, while the Virtual i.d.ea Interactive Net Art 2007 Exhibition attracted visitors and participants. This exhibition shows the creation of interactions by using creative contents. Four college teams and two individuals exhibited their work.

This exhibition is mainly focused on Interactive Net Art. Visitors can interact with those artworks, such as “Many Me”, “Not One Less”, and “One Million Heartbeats”, which explored identity, information and community behavior .

Kevin Lam from Hong Kong and Marius Watz from Norway also brought “Mobile Brush” and “Neon Organic / Electro Plastique” artworks to show the culture of freedom of Interactive Net Art.

The Wikimania 2007 Conference will end on August 5. Submitting free-licensed works for the Wikimania Awards is still in progress, the deadline being 8:00 a.m. August 5 (Taipei time). Wikimania Award winners will be announced at the Closing Ceremony.

This article features first-hand journalism by Wikinews members. See the collaboration page for more details.
This article features first-hand journalism by Wikinews members. See the collaboration page for more details.
Wikimedia Commons has media about Wikimania 2007 Exhibition.

Uncategorized | No Comments »

November 7th, 2018

Cisco sues Apple for iPhone trademark

">
Cisco sues Apple for iPhone trademark

Friday, January 12, 2007

The iPhone only made its appearance as a prototype and there have been controversies aroused.

The dispute has come up between the manufacturer of the iPhone (which was resented on Wednesday for the first time) – Apple Inc. – and a leader in network and communication systems, based in San JoseCisco. The company claims to possess the trademark for iPhone, and moreover, that it sells devices under the same brand through one of its divisions.

This became the reason for Cisco to file a lawsuit against Apple Inc. so that the latter would stop selling the device.

Cisco states that it has received the trademark in 2000, when the company overtook Infogear Technology Corp., which took place in 1996.

The Vice President and general counsel of the company, Mark Chandler, explained that there was no doubt about the excitement of the new device from Apple, but they should not use a trademark, which belongs to Cisco.

The iPhone developed by Cisco is a device which allows users to make phone calls over the voice over Internet protocol (VoIP).

Uncategorized | No Comments »

November 7th, 2018

Category:Education

">
Category:Education

This is the category for Education. See also the Education Portal.

Refresh this list to see the latest articles.

  • 23 June 2018: Algeria blocks internet across nation to prevent cheating in diploma exams
  • 19 May 2018: Principal, teacher arrested for allegedly whipping two students late for school in Ayetoro, Nigeria
  • 25 April 2018: India: Jammu and Kashmir government orders private tuitions to shut down for 90 days
  • 26 January 2018: United States: Two dead in Kentucky high school shooting
  • 20 October 2017: Arrangement of light receptors in the eye may cause dyslexia, scientists say
  • 21 January 2016: Detroit teachers stage sickout to protest working conditions as Obama visits
  • 28 October 2015: Time magazine names Ahmed Mohamed to ‘Most Influential Teens of 2015’
  • 23 October 2015: Masked man kills two in sword attack at Swedish school
  • 4 October 2015: Several dead in Oregon college shootings
  • 22 September 2015: Texas student Ahmed Mohamed inspires social movement
?Category:Education

From Wikinews, the free news source you can write.


Sister projects
  • Wikibooks
  • Commons
  • Wikipedia
  • Wikiquote
  • Wikisource
  • Wiktionary
  • Wikiversity

Subcategories

Pages in category “Education”

(previous page) ()(previous page) ()

Uncategorized | No Comments »

November 7th, 2018

Talk To A Plumber About Drain Cleaning In Auburn, In Now

Click Here To Know More About:

byAlma Abell

When was the last time you had your drains cleaned by a plumber? If you cannot recall date or time, you need to schedule an appointment to have your pipes and drains checked and cleaned. A clean drain prevents flooding from happening and ensures no backflow problems.

Prevent Sluggish Drains

If you have not scheduled drain cleaning in Auburn, IN for some time, now is a good opportunity to do so. A clean drain keeps your plumbing from becoming sluggish and prevents major catastrophes and expenses from happening. If you want to stay on top of any plumbing difficulties, you need to make sure that your drains are cleaned and your pipes are checked regularly.

While some owners use commercial products for drain cleaning purposes, this is not a good preventative measure. When you use commercial drain cleaners, you can damage your drains and pipes and cause them to corrode. When this happens, you may need to replace a large part of your drainage or pipe system.

Only Use Plumber-Recommended Products

That is why plumbers provide special enzymes for drain cleaning in homes and businesses. Always use a product that is recommended by a plumber and never used the stuff that is sold in the store. You can keep your drains cleaner, too, by making sure that you do not dispose of grease or oil down the drain. Place a filter over the shower drain to catch hair and soap scum. Taking these extra measures will assist you in keeping everything flowing as it should.

If you would like to inquire about drain and pipe inspections, as well as a power jetting of drains, contact us today for further details. Make sure that you take every measure in your power to ensure a safe and workable plumbing system. Scheduling regular checks and maintenance services will ensure the functionality of your pipes and lower costs overall.

Pipes | No Comments »

November 6th, 2018

Eurovision ’04 winner Ruslana discusses her paths as singer, spokesmodel, stateswoman and source of inspiration

">
Eurovision ’04 winner Ruslana discusses her paths as singer, spokesmodel, stateswoman and source of inspiration

Monday, March 30, 2009

First becoming famous in her native Ukraine in the 1990s, long-haired self-described “AmazonRuslana gained international recognition for winning the 2004 Eurovision Song Contest with her song “Wild Dances,” inspired by the musical traditions of the Hutsul people of the Ukrainian Carpathian Mountains.

In the five years since, Ruslana has decided to use her name and public status to represent a number of worthy causes, including human trafficking, renewable energy, and even the basic concept of democratic process, becoming a public face of Ukraine’s Orange Revolution and later serving in Parliament.

Currently, she is on an international publicity tour to promote her album Wild Energy, a project borne out of a science fiction novel that has come to symbolize her hopes for a newer, better, freer way of life for everyone in the world. She took time to respond to questions Wikinews’s Mike Halterman posed to her about her career in music and her other endeavors.

This is the fifth in a series of interviews with past Eurovision contestants, which will be published sporadically in the lead-up to mid-May’s next contest in Moscow.

Uncategorized | No Comments »

November 6th, 2018

Despite passage of bailout bill, two US states may need loans

">
Despite passage of bailout bill, two US states may need loans

Sunday, October 5, 2008

Despite the passage of a 700 billion USD bill by the United States House of Representatives on Friday and the Senate on Wednesday, two U.S. states may need loans totaling over 14 billion dollars.

California and Massachusetts are seeking at least 7 billion dollars each from the federal government as loans. Officials and lawmakers in both states say that the loans would be temporary.

According to Massachusetts’ state treasurer, Timothy P. Cahill, the state was unable to borrow money last week on a short term loan. He also states that the state can afford to pay its bills and debts for the next few weeks, but not beyond that without a short-term loan from the government. Cahill has asked the federal government for a loan similar to the recent one passed by Congress and the Senate.

“That’s all we would ask them to do: Treat us like the investment banks,” said Cahill to the Associated Press.

Officials in California say they need an emergency loan, or they will run out of money by the end of October. California’s governor, Arnold Schwarzenegger said the state is “not out of the woods” and needs a short term loan from the government.

“California and other states may be unable to obtain the necessary level of financing to maintain government operations and may be forced to turn to the federal treasury for short-term financing,” said Schwarzenegger in a letter to the Treasury Department, which is taking the letter under consideration.

On Friday, the U.S. House of Representative voted to pass a revised bailout bill which included raising the FDIC insurance cap to $250,000, a move designed to please progressives. However, the $110 billion in tax breaks, earmarks and what has been called pork barrel spending is not offset by any increases in revenues and has added opposition to the bill from some Representatives in the House. Earmarks added into the bailout bill included $192 million in tax rebates for the Virgin Islands rum industry, $148 million in tax cuts for the wool industry, $100 million tax cuts to the auto racing industry, and $48 million in Hollywood tax incentives, among others.

Uncategorized | No Comments »

November 5th, 2018

Anthrocon 2007 draws thousands to Pittsburgh for furry weekend

">
Anthrocon 2007 draws thousands to Pittsburgh for furry weekend

Tuesday, July 17, 2007

Pittsburgh, Pennsylvania — Local caterers get ready for big business, as almost three thousand fans converge on the David L. Lawrence Convention Center over the Independence Day weekend for the world’s largest ever furry convention, Anthrocon 2007.

Many hope to renew acquaintances, or meet new friends. Others look to buy from dealers and artists, or show off new artwork or costumes. Some attend to make money, or even learn a thing or two. But one thing unites them: They’re all there to have fun.

Contents

  • 1 Costly expansion
  • 2 Programming and entertainment
  • 3 Audience
  • 4 Art show and dealers
  • 5 Charity and volunteers
  • 6 Local impact
  • 7 Related news
  • 8 Sources

Uncategorized | No Comments »