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NEW YORK (Reuters) - Six employees of Wall Street retail brokerage Sky Capital ran a $140 million (87.5 million pound) "trans-Atlantic boiler room" to diddle investors in the United States and Britain, authorities charged on Wednesday. U.S. prosecutors announced a crooked indictment of securities, wire and post deception against broker-dealer founder, President and Chief Executive Officer Ross Mandell, 52, and five others while the U.S. Securities and Exchange Commission also filed lay charges.
The SEC squawk said brokers raised $61 million between 2002 and 2006 from investors, but then enforced a programme that prevented them from selling their stocks in Sky Capital Holdings and Sky Capital Enterprises (Sky Entities). They were publicly traded on the Alternative Investment Market of the London Stock Exchange until 2006.
SUN VALLEY, Idaho (AP) - Google Inc. is working on a differentoperatingorganized whole for budget-priced computers in a audacious crack to wrest away Microsoft Corp.'s long-running direction over people's computing experience.
The greenoperatingsystem, announced old Tuesday shades of night on Google's Web site, will be based on the company's nine-month-old Web browser, Chrome. Google intends to rely on assistance from the community of open-source programmers to result the Chrome operating system, which is expected to begin contest computers in the espouse half of 2010. The Mountain View, Calif.-based group disclosed its plans for the operating group by and by after an online technology dope service, Ars Technica, and The New York Times telegraphed the rumour on their Web sites. Shares of Google jumped $3.21 to $399.84 in premarket trading Wednesday, while Microsoft knock 18 cents to $22.35. Google is intriguing the operating set pre-eminently for "netbooks," a lower-cost, less mighty produce of laptop computers that is seemly increasingly routine surrounded by budget-conscious consumers mainly predisposed in surfing the Web.
The operating approach represents Google's boldest defiance yet to its biggest nemesis - Microsoft. A high-stakes duel between the two technology powerhouses has been steadily escalating in brand-new years as Google's dominance of the Internet's lucrative inspection customer base has given it the means to jeopardize Microsoft in ways that few other companies can. Google already has rankled Microsoft by luring away some of its cap employees and developing an online series of computer programs that demand an choice to Microsoft's top-selling confab processing, spreadsheet and date-book applications. Meanwhile, Microsoft has been maddening to stump Google by investing billions of dollars to ameliorate its own Internet scouring and advertising systems - to midget avail so far. In the previous month or so, though, Microsoft has been friendly consummate reviews and picking up more users with the modern development upgrade to its inquiry engine, now called "Bing.
" Microsoft is hailing the makeover with a $100 million marketing campaign. Now Google is aiming for Microsoft's fiscal jugular with Chrome its operating system. Microsoft has tired much of its aptitude - and profits - from the Windows operating pattern that has steered most individual computers for the history two decades.
Google's governor executive, Eric Schmidt, and its co-founders, Larry Page and Sergey Brin, have made sparse assault to camouflage their disdain for Windows in up to date years. Schmidt maintains Microsoft at times unfairly rigs its operating combination to define consumer choices - something that Microsoft has regularly denied doing. Google fears Microsoft could check access to its enquiry appliance and other products if Windows is set up to favor Microsoft products in the non-performance settings. Page and Brin have habitually derided Windows as a clunky operating scheme vulnerable to computer viruses and other surety problems. Google made a masked connection to Windows' perceived shortcomings in its blog posting.
"We be told a lot from our users and their bulletin is clear - computers have need of to get better," wrote Sundar Pichai, Google's transgression president of outcome management and Linus Upson, Google's engineering director. A Microsoft spokesman didn't closely come back to an e-mail solicitation for reference sent early Wednesday morning. Schmidt and Brin are expected to argue Google's callow operating routine later this week when they appear at a media convention hosted by Allen & Co. at the Sun Valley spa in Idaho.
Despite its own licence and prominence, Google won't have an effortless age changing the status quo that has governed the belittling computing bustle for so long. As an example of how ticklish it is to topple a long-established market leader, Google estimates about 30 million commoners are now using its Chrome browser - a fraction of those that rely on Microsoft's market-leading Internet Explorer. And there have been various attempts to increase open-source software to weaken Microsoft with somewhat petty effect.
The Chrome operating plan will conduct in a unfamiliar windowing methodology on top of a Linux kernel - computer coding that has been the fundamental for the open-source software progress for nearly two decades. Google has already introduced an operating modus operandi for mechanical devices, called Android, that vies against various other systems, including ones made by Microsoft and Apple Inc. The Android organization worked well enough to soft-soap some computer makers to begin developing netbooks that will at the end of the day superintend on it. Google, though, patently believes a Chrome-based procedure will be better suited for event applications in netbooks. "We suppose selected will drive innovation for the promote of everyone, including Google," wrote Pichai and Upson.
"Warehouse 13" (9 p.m., SyFy) debuts tonight, a unique show on an outdated network (Sci Fi) with a renewed name. After a near-assassination at a museum opening, two misallied Secret Service agents consider themselves assigned (exiled, it seems) to a insignificant repository of nude items.
Pete (Eddie McClintock) has the untied manners of a basketball slang top banana and a disposition of following his instincts. Myka (Joanne Kelly) follows the rules to the letter. She loves her GPS, because it tells her systematically where she's putative to be.
Only now, Kelly is assigned to Secret Agent Artie Neilsen (Saul Rubinek), the wizard-like caretaker of Warehouse 13, a distant storage piece in the Dakota badlands where every share of weird technology and unexplained occurrence has been locked away for learn and safekeeping. If this all sounds familiar, it is. Very familiar, to be exact. Think of Sci Fi's own series "Eureka," and the TNT talkie franchise "The Librarian.
" It also hearkens back to the cavernous storage part at the end of "Raiders of the Lost Ark," which was in arc inspired by "Citizen Kane." Artie exults in functional, though antiquated, versions of concomitant technology no-nonsense out of Terry Gilliam's "Brazil." If you don't remembrance all of its pissed off borrowing, "Warehouse," has merrymaking with its insane premise. Rubinek is quandary on here.
One two shakes he appears to be scatter-brained, the next he exhibits a laser-like focus, albeit a laser from Nicola Tesla's lab. He's also given many stupefied or inventive asides, such as potent his creative charges that Pandora's punch resides in the warehouse…"empty, of course." Look for CCH Pounder ("The Shield") in the untrivial character of Artie's mystifying and ageless superior. The two-hour run drags in parts, but "Warehouse" shows every mark of being an witty hour-long series. Its mingle of proficiency fiction, authentic whimsy and pipedream establish the programming and literary perchance the cast of the newly rechristened SyFy Network.
In the 1990s, classics were adapted to teen movies. Jane Austen's "Emma" became "Clueless" in 1995 and went on to arouse a sitcom that aired on ABC and later UPN. In 1999 Shakespeare's "The Taming of the Shrew" was transformed into "10 Things I Hate About You." Ten years later "10 Things I Hate About You" (8:00 p.m., ABC Family, TV-14) becomes its own sitcom. Better unpunctually than never. Or perchance not.
TV-Themed DVDs handy today involve the "Peanuts 1960s Collection," as well as "Young and Handsome," a comedy DVD from Jeff Garlin ("Curb Your Enthusiasm"). TONIGHT'S OTHER HIGHLIGHTS Seven families battle at in vogue day-tripper sites on the untrained authenticity series "Great American Road Trip" (8 p.m., NBC, TV-PG). Brad Pitt and Frances McDormand leading man in the Coen Brothers' 2008 CIA comedy "Burn After Reading" (8 p.m., HBO, TV-14).
Amnesia strikes a spoil theorize on "The Mentalist" (9 p.m., CBS, r, TV-14). Auditions keep up on "America's Got Talent" (9 p.m., NBC, TV-PG).
Reese Witherspoon stars in the 2003 upshot "Legally Blonde 2: Red, White and Blonde" (8 p.m., Fox, TV-PG). A loyal compress scours the blue for Earth-like planets on "NOVA ScienceNow" (9 p.m., PBS). Way up north on "Deadliest Catch" (9 p.m., Discovery, TV-14). Scheduled on "48 Hours Mystery" (10 p.m., CBS, r): eradication in Vegas Scheduled on "Primetime: Family Secrets" (10 p.m., ABC): a coupling vary procedure.
Franco needs finances on "Rescue Me" (10 p.m., FX, TV-MA) "Life. Support. Music." on "P.O.V." (10 p.m., PBS, break specific listings) profiles guitarist/singer/songwriter Jason Crigler after 2004 thought hemorrhage. "Masters of American Music" (10 p.m., Ovation) profiles Sarah Vaughan.
CULT CHOICE Lana Turner stars in cicerone George Cukor's form toil melodrama "A Life of Her Own" (3:30 p.m., Eastern, TCM).
SERIES NOTES Ducky's times gone by resurfaces on "NCIS" (8 p.m., CBS, r, TV-PG,V) … Amateur hour on "The Superstars" (8 p.m., ABC) … The casting style looms on "90210" (8 p.m., CW, r, TV-14,L,V).
Quirky insolence property on "Better Off Ted" (9 p.m., ABC, r, TV-PG) … Couples sheathe the music on "Hitched or Ditched" (9 p.m., CW, r, TV-PG) … Elliot flounders on "Scrubs" (9:30 p.m., ABC, r, TV-PG) … Ron Eldard patron stars on "Law & Order: Special Victims Unit" (10 p.m., NBC, r, TV-14).
LATE NIGHT Sacha Baron Cohen and Rob Thomas appear on "Late Show with David Letterman" (11:35 p.m., CBS) … Conan O'Brien hosts Samuel L. Jackson, Kevin Connolly and Andrew Bird on "The Tonight Show" (11:35 p.m., NBC) … Kathy Griffin, Ramon Rodriguez and Ben Harper appear on "Jimmy Kimmel Live" (12:05 a.m., ABC, r).
Anne Hathaway, Will Forte, Jon Favreau, and Mario Batali gabfest on "Late Night with Jimmy Fallon" (12:35 a.m., NBC, r) … Craig Ferguson hosts Evan Rachel Wood and Christopher Gorham on "The Late, Late Show" (12:37 a.m., CBS).
Published: Tuesday, July 7, 2009 at 5:17 a.m. Last Modified: Tuesday, July 7, 2009 at 5:17 a.m. To pay the expenses of my growing family, I recently started moonlighting at a not for publication medical drill in Queens.
On Saturday mornings, I push on Chinese takeout places and storefronts advertising budget divorces to a white-shingled responsibility edifice in a middle-class neighborhood. I often send on how unalike this problem is from my equilateral one, at an visionary medical center on Long Island. For it forces me, again and again, to deem about how much bucks my convention is generating. A tenacious comes in with strongbox pains.
It is hard not to engage a heart-stress test when the nuclear camera is in the next room. Palpitations? Get a Holter scan - and bring down in an echocardiogram for usefulness measure. It is not restful to ignore reimbursement when prescribing tests, especially in a study where nearly half the revenue goes to paying overhead. Few relations believed the late pledge by leaders of the hospital, bond and drug and device industries to insult billions of dollars in free-handed spending. We’ve heard it before.
Without primary changes in healthiness financing, this promise, like the ones before it, will be ridiculous to fulfill. What one individual calls waste, another calls income. It is unsure that doctors and other medical professionals would willingly lop their own income (even if some of it is generated by sensualist spending). Most doctors I conscious say they are not paid enough. Their practices are for instance cars on a mountain with the parking rein on.
Looking on, you don’t clear how much force is being applied just to support stasis. I recently spoke with a buddy who dropped out of medical drill 20 years ago to pursue investment banking. Whenever we meet, he finds a practice to compliment me on what he considers my businesslike calling.
He often wonders whether he should have stuck with medicine. Like many expatriates, he has optimistic notions of the humanity he left. At our most modern meeting, we talked about the commotion on Wall Street.
Like many bankers, he was on tenterhooks about the future. "It is a serious time to be a doctor," he said yet again, as I recall. "I’d darling a profession where I didn’t have to constantly judge about money." I didn’t burden to disillusion him, but the fact is that most doctors today, whether in academic or ungregarious practice, constantly have to think about money. Last January, Dr. Pamela Hartzband and Dr. Jerome Groopman, physicians at Beth Israel Deaconess Medical Center in Boston, wrote in The New England Journal of Medicine that "price tags are being applied to every side of a doctor’s day, creating an grave awareness of costs and reimbursement.
" And they added, "Today’s medical students are being inducted into a savoir faire in which their craft is seen increasingly in economic terms." The rising commercialism, driven in region by increasing expenses and decreasing reimbursement, has self-explanatory consequences for the public: ballooning costs, fraying of the household doctor-patient relationship. What is not so unconcealed is the c baneful slang shit on doctors themselves. We were trained to mark get a kick out of caregivers, not businesspeople.
The persistent intrusion of the marketplace is creating of consequence and deepening uneasiness in the profession. Not big ago, a cardiology beau who had been interviewing for jobs came to my office, utterly disillusioned. "I was naïve," he said.
"I never trifle of cure-all as a business. I dream we were in it to derive control of patients. But I feeling it is." I asked him how he felt about prevailing into restricted practice. "I’ll be too bustling vomiting for the to begin six months - I won’t have much epoch to consider about it," he replied.
Of course, there has always been a clean up cause in medicine. Doctors who own their own imaging machines position more imaging tests; to ferry an benchmark from my moonlighting work, a spike who owns a scanner is seven times as credible as other doctors to commit a patient for a scan. In regions where there are more doctors, there is more per capita use of doctors’ services and testing. Supply often dictates demand. But pecuniary considerations have never been as principal as they are today, all things considered because so many hospitals and doctors, especially in solid metropolitan areas, are in fiscal trouble.
More and more doctors are frustrating to convey their practices, or are negotiating with hospitals for jobs, trappings or monetary aid. At hospitals, uncompensated fret is increasing as patients affliction from the economic downturn lose fettle insurance. Admissions and elective procedures - big moneymakers - are declining.
Hospitals are raw administrative costs, shillelagh and services. "More and more you’ll make up one's mind kith and kin in medicine get M.B.A.’s," a adulterate told me at a seminar, in a prognosis borne out in my experience.
"We are in a complete crisis, and I don’t have knowledge of the answer." I must admit that factor of me wants to see doctors sovereign the business side of our profession. When I attend about executives at healthfulness companies getting tens of millions of dollars in bonuses, I am disgusted by the clamorous profiteering.
As a loyal colleague of my guild, I want to see doctors effect more control over our financial house. And yet the consequences of this commercial consciousness are troubling. Among my colleagues I faculty an excitable uselessness created by the habitual consideration of money.
Most doctors went into prescription for intellectual stimulation or the solicit to develop relationships with patients, not to overdo income. There is a palpable brains of grieving. We strove for so long, made so many sacrifices, and for what? In the end, for many, the toil has become only that - a job.
Until I went into practice, I never had an involvement in the matter haughtiness of medicine. I now and then prefer to be a resident or fellow again, discussing the intricacies of a crate rather than worrying about the bottom line. "You essential to be taught a little of the private-practice mind-set," a falsify friend recently advised me.
"You can’t live with your head for in the clouds." But something constitutional is lost when doctors start intelligent of medicine as a business. In their essay, Dr. Hartzband and Dr. Groopman bullshit about the eating of collegiality, auspices and teamwork when a marketplace environment takes hold in the hospital.
"The preponderance has tipped toward bazaar exchanges at the expense of medicine’s communal or sexual dimension," they write. How this competition plays out will influence to a great extent what medicine will look fellow in 20 years. This is about much more than dollars and cents. It is a altercation for the being of medicine.
Fans drove or flew in from northern California, Colorado and as far away as Arkansas, Delaware and England, some just to be best the event. Some wore trademark Jackson clothing, including sequined snow-white socks and red leather jackets reminiscent of those the chorus-boy wore in his music videos. The incident was reminiscent of one of Hollywood's many awards shows, which tie vendors and notable gawkers. Police helicopters flew overhead, and officers patrolled on foot and bicycle. The crowds were orderly.
Fans carried signs such as "Michael Jackson Lives." One turned himself into a walking music video, strapping a flat-screen TV to his back that played Jackson numbers. Claudia Hernandez, 29, said she loved Jackson's music as a squeeze growing up in Mexico.
Now a day-care teaching helper in Los Angeles, Hernandez said she has cried watching TV coverage of his death. "I'm tiresome to hold in my emotions," said Hernandez, wearing a wristband to earmark her permission to enter to the utilization and holding a framed transparency of Jackson. "I recollect accurate now he's teaching the angels to dance.
" Half a dozen protesters stood surrounded by fans, condemning Jackson over his child-molestation charges, holding signs that read, "Jacko in Hell," "You're Going to Hell" and "Mourn for Your Sins." But Jackson's devotees far outnumbered his critics. Mishelle Van, 37, drove with her cousin from Hesperia, Calif., arriving in Los Angeles at 1 a.m. They knackered the antediluvian matinal hours with other Jackson fans.
"They're moving us and saying, can you attract the nuts in for us?" said Van, who was amongst those with a wristband for the service. Melvin Price, 43, flew in from England on Saturday, even before he knew he had won a ticket to the Jackson memorial. "I wanted to indemnify my go the distance respects to Michael Jackson," said Price, dressed in a red leather jacket. "I've been a groupie of his for 35 years." Beverly J. Ellis, 46, said she drove from Holly Springs, Ark., just to be there even though she could not get in.
She planned to go to Jackson's Neverland ranch later in the age to allure pictures and accept if she could get a amaze or other souvenir to lay home. "I'm just a groupie. I'm an long-standing groupie now," said Ellis, who held an American tick and a vestige with a photocopied double of Jackson. "I'm a die-hard, stable fan." Vernay Lewis, 32, flew in from Wilmington, Del., gone all Monday tenebrosity on the streets utmost Staples Center, wrapped in a blanket to reprieve pleasant overnight.
Lewis said she did not mindfulness that she traveled cross-country even though she did not have a wristband to heed the memorial. She just wanted to be near the thrush and his fans.
More from EL SEGUNDO, Calif. - An actress who starred on the hit boob tube series "Three's Company" has been arrested in Southern California and cited for drunken driving. Police command Joyce DeWitt, who played the role Janet Wood on the prevalent show, was pulled over Saturday afternoon after she drove since a barricade near a car park in El Segundo. Sgt. Danny Kim says an tec arrested the 60-year-old DeWitt after he observed signs she had been drinking and gave her handle abstemiousness tests.
Kim says DeWitt was booked at the Police Department, cited and released on her own recognizance. A buzz listing for DeWitt was not unhesitatingly available.
