The News Review:
- Six arrested in San Jose waste-hauling scheme
- How Do You Run a Hedge Fund? Colleges Are Showing How
- Personal info of Katrina victims leaked
- Utah startup hits geothermal jackpot
- Brigitta Herzfeld Joins Management Team at Thomas J. Herzfeld …
- Cerberus Is Blocking Withdrawals
- A look at services offered by credit counselors
Six arrested in San Jose waste-hauling scheme
San Jose Mercury News USA
The Carmel waste broker stands accused of bribing almost the entire staff of the South San Jose landfill. Instead of paying Waste Management millions of dollars in dumping fees authorities say Lucero pocketed much of his clients’ money and paid out the rest in bribes. n Wednesday Santa Clara County prosecutors announced they have charged the commercial waste broker and five employees of the landfill with conspiracy and bribery accusing them of defrauding the garbage giant out of $13 million over the past two years. The felony complaint accuses Lucero 52 who runs Resource Development Service of paying off landfill employees to waive dump-truck entry fees and misclassify their contents to lower disposal charges. San Jose cops arrested Lucero on Tuesday morning at his waterfront Carmel home with his $240000 Bentley parked out front and Andalusian show horse Fugitivo stabled nearby. The suspected mastermind of the multimillion-dollar scheme reportedly complained about being busted before Christmas.
How Do You Run a Hedge Fund? Colleges Are Showing How
New York Times United States
Why was the fund focusing only on biotechnology and not specialty pharmaceuticals? What was behind its name? Who were the scientists the fund planned to work with?Mr. Ipe a second-year student at the.
Personal info of Katrina victims leaked
United Press International
The Federal Emergency Management Agency confirmed in a statement that names Social Security numbers and phone numbers of the 16857 people who applied for benefits were published on two privately run Web sites as a result of an “unauthorized breach of private information” The (New rleans) Times-Picayune reported Wednesday. FEMA said the information leak is being investigated and the agency currently believes a Texas state agency is responsible for leaking the information. “FEMA believes that most of the applicant information posted on the Web sites was properly released by FEMA to a state agency which requested and received this information to fulfill routine needs following Hurricane Katrina” the agency said. The Texas agency and the Web sites that published the information have not been released by FEMA. The federal agency said that while no identity thefts have been reported as a result of the information leak it is offering free 18-month subscriptions to an “identify theft protection service” to affected applicants to protect them from the crime.
Related from Freewheelintornados: FEMA details on Texas Katrina victims posted online
Utah startup hits geothermal jackpot
The Associated Press
Bureau of Land Management with more than two dozen companies now trying to make a score like Raser. Two years ago the U. Bureau of Land Management approved 18 geothermal drilling permits. That number more than doubled in 2007 and has nearly quadrupled this year. The government leased a staggering 244000 acres for geothermal development in the past 18 months.
Brigitta Herzfeld Joins Management Team at Thomas J. Herzfeld …
CNNMoney.com
Her focus will be Asian and emerging marketclosed-end funds but she will also be involved in research and operationsincluding duties related to The Herzfeld Caribbean Basin Fund Inc. Brigitta is a graduate of Bowdoin College (BA Government and LegalStudies) Singapore Management University (Asian Executive ManagementProgram) Stanford University (MA East Asian Studies) and theMassachusetts Institute of Technology Sloan School of Management (MBA). Prior to joining Thomas J. Herzfeld Advisors Inc. she worked at theinvestment banking firms of Goldman Sachs and Lehman Brothers Japan. Brigitta is the author of Buying Asia at a Discount published in theGuru’s Corner CBS MarketWatch (2004) and she spent many summers as anintern in the family business while attending school.
Cerberus Is Blocking Withdrawals
Wall Street Journal
–>Cerberus Is Blocking Withdrawals ArticleCommentsmore in. Stephen Feinberg the head of the New York-based investment firm told clients in a letter last week that the flagship Cerberus Partners fund plans to pay 20% of year-end withdrawals in cash and suspend the remaining withdrawals for investors for up to one year. Separately Blackstone Group LP said Tuesday it will spin out Kailix.
A look at services offered by credit counselors
The Associated Press
There are no financial requirements to get free or low-cost help. Here are some of the services credit counselors offer:_Credit Counseling — Advice on basic money management and help developing a strategy to solve and prevent financial difficulties. _Debt Management Plans — Development of a plan to pay down debt and help negotiating lower or waived charges. _Money and Credit Management Education — Classes focus on topics including renting an apartment buying a car or establishing credit. Some counseling centers might also offer workbooks and DVDs for children and teenagers as well.