Friday, December 26, 2008
Police: 'Sopranos' Actor 'Johnny Cakes' Kills Self
A 47-year-old actor who starred as the gay
firefighter-lover of a closeted mobster on the hit show ``The
Sopranos'' was found dead of an apparent suicide after family members
were unable to reach him.
on four episodes of the HBO show, was discovered with a self-inflicted
gunshot wound inside his Sunset Park, Brooklyn, home on Dec. 18, said
police spokesman Lt. John Grimpel.
Tuesday, December 23, 2008
Feds to Trim LaGuardia Flights to Cut Congestion
WASHINGTON (AP)
-- Federal aviation authorities on Monday said they are trying to cut
the number of flights at LaGuardia Airport in an effort to reduce
congestion at the airport with the highest incidence of delays in the
country.
U.S. Transportation Secretary Mary Peters announced the government
will lower the cap on flights at LaGuardia from 75 to 71 per hour. But
the cap is strictly voluntary, and requires participation by the three
top airlines at the airport -- Delta Air Lines, American Airlines
and US Airways.
The airlines have 10 days to comment on the proposal. If approved,
the new hourly flight quota will take effect in April and end Oct. 24.
Ex-Actor Acquitted of Officer's Murder
and weapons charges on Monday in the killing of an off-duty New York
City police officer who was slain in a gunfight when he confronted two
suspects in a burglary at a neighbor’s home in the Bronx three
years ago.nos’ Actor Cleared of Murder Charge in Officer’s Death - NYTimes.com
Monday, December 22, 2008
Makeover for Apple's Mighty Mouse?
That's the question many people on the Internet are asking as MacBlogzhas published images of what it expects Apple to do with the
multibutton mouse. Extrapolating from Apple's patents on multitouch,
MacBlogz's prototype features a sleek profile and aluminum body.
Saturday, December 20, 2008
What Gmail does better than its competitors
As someone who spends an inordinate amount of time wading through
e-mails, finding the best e-mail service is paramount in my life.
Realizing that, I've done my fair share of shuffling from one e-mail
program to the next--trying to find the best service that not only
offers speed and stability, but also reliability and spam control. And
although e-mail services are getting better, it's abundantly clear that
few offer the kind of experience I'm really looking for in an e-mail
client. But Google's Gmail app is different. It's better than its
competition on a number of levels and provides the kind of e-mail
experience that's simply unrivaled online.
Friday, December 19, 2008
New Dell Laptop: Thinner Than Air?
The Dell Adamo is definitely coming, as evidenced by Dell giving it its own Web site
featuring only the Adamo name and the words "coming soon." But what the
Adamo will be is the subject of a fair amount of speculation.
The most popular rumor is that the Adamo will be an ultrathin laptop to compete with Apple's Macbook Air. According to multiple sources, the rumors seem to have started with fashion site UptownLife reporting
that "Rumor has it that Dell is coming out with a computer called Adamo
that will rival the MacBook Air." However, the article at UptownLife
has since been removed, so it's unclear now how valid its claims were.
Thursday, December 18, 2008
Juror Replaced in Lillo Brancato's Trial
Back To The Drawing Board
A
mistrial was avoided Thursday in the trial of a former actor
accused in the December 2005 shooting death of an off-duty police
officer after it was discovered a juror had been taking notes during
testimony and doing research on the case at home. Lillo Brancato,
charged with second-degree murder in the death of Officer Daniel
Enchautegui, agreed to a substitution with an alternate juror after the
original juror was dismissed.
Wednesday, December 17, 2008
Nextel BlackBerry Curve 8350
Just over a year ago we told you that if you were on Nextel and wanted a new BlackBerry that you needed to switch carriers, however, about 6 months or so ago, we started hearing rumors about a new Nextel BlackBerry running on the iDEN PTT network that would come sometime between this fall and early next year.
Well, today we are hearing rumors that the new Nextel BlackBerry will indeed be a BlackBerry
Curve, carrier the model number BlackBerry 8350, and support Wi-Fi
802.11 b and g. We are also hearing that the new Nextel BlackBerry
Curve will run BB OS 4.6.1 and be the first Nextel BlackBerry to come
without an external antenna.
Monday, December 15, 2008
Caroline Kennedy to Seek Hillary Clinton's Senate Seat
New York's Next Senator?
Caroline
Kennedy has told New York Gov. David Paterson she wants to be the
state's next Senator, becoming the highest-profile person to actively
lobby for the seat being vacated by Hillary Rodham Clinton. If
appointed by Paterson, the daughter of President John F. Kennedy would
hold the seat once occupied by her late uncle, Robert F. Kennedy.
Saturday, December 13, 2008
How Apple's iPhone Reshaped the Industry
response would probably be to name a network, like Sprint (S) or Cingular (T).
Wireless carriers so completely controlled the business, especially in
the U.S., that many manufacturers weren't even allowed to put their
brand names on handsets. Now this relationship is changing in ways that
will reduce the power of carriers and, with luck, increase consumers'
choices.
White House promises last-ditch auto rescue
Help On The Way
With Congress gridlocked and the economy floundering, the Bush administration declared Friday it would step in to prevent the "precipitous collapse'' of the U.S. auto industry and the disastrous loss of hundreds of thousands of jobs sure to follow. United Auto Workers President Ron Gettelfinger said Friday that he's happy the Treasury Department says it's ready to act to stop a possible collapse of the industry.
Thursday, December 11, 2008
Flood Watch Issued Across Tri-State Area, Winter Weather Advisory Up North
Flood Watch For Tri-State Area
It's
a soaker. A flood watch is in effect for most of the Tri-State
area until late tonight. The National Weather Service has issued the
watch for all five boroughs, Nassau and Suffolk counties, and southern
Westechester. The watch is also in effect for parts of northeast New
Jersey and southern Connecticut.
Tuesday, December 09, 2008
Yankees, Mets Ask For Millions More To Finance Stadiums
That is on top of the nearly $1.5 billion in bonds the teams have already been granted.
The
city's Economic Development Corporation says the Yankees are requesting
another $259 million in tax-exempt bonds and $111 million in taxable
bonds.
City officials say the Yankees have agreed to some
givebacks, which could include putting money into public parks and
infrastructure near the stadium.
More Than 1,800 Arrests in NJ Anti-Gang Crackdown
Attorney General Anne Milgram says the charges include drug trafficking and murder.
Authorities also seized were 162 guns as well as illegal drugs with an estimated street value of more than $4 million.
Monday, December 08, 2008
Financial Crisis Tames Demand for World’s Oldest Service
PRAGUE — On a recent night at Big Sister, which calls itself
the world’s biggest Internet brothel, a middle-aged man selected
a prostitute by pressing an electronic menu on a flat-screen TV to
review the age, hair color, weight and languages spoken by the women on
offer.
Once he had chosen an 18-year-old brunette, he
put on a mandatory terry-cloth robe and proceeded to one of the
brothel’s luridly lighted theme rooms: an Alpine suite decorated
with foam rubber mountains covered with fake snow.
the brothel’s cramped control room, two young technicians worked
dozens of hidden cameras that would film the man’s performance
and stream it, live, onto Big Sister’s Web site. risis Tames Demand for World’s Oldest Service - NYTimes.com
NYC man spends $7,500 to fight $115 parking ticket
NEW YORK (AP) -- A retired New York City man
says he's spent $7,500 fighting a $115 parking ticket because he's got
"nothing else to do."
Former electrical
hardware firm vice president Simon Belsky says he was erroneously
ticketed two years ago. The 63-year-old says the ticket cites his van
for blocking a Brooklyn fire hydrant even though the only hydrant on
the street was down the block.
Friday, December 05, 2008
Dozen Men Charged in Brazen Manhattan FedEx Truck Heist
NEW YORK (AP)
-- Authorities have charged a dozen men in the bungled New York City
hijacking of a FedEx truck they thought contained millions of dollars'
worth of diamonds.
And authorities say the men were about to do it again when some were arrested Thursday.
The FBI says the men hijacked the truck -- filled with
Christmas presents -- on a midtown Manhattan street on Dec. 20,
2007. Authorities say the robbers kidnapped and handcuffed the FedEx
Corp. driver before releasing him, unhurt, five hours later.
The truck was found in Brooklyn. Nothing was missing or opened.
The defendants include a diamond company owner who claimed his
employees were robbed of up to $5 million in diamonds in 2005. A
co-defendant told the FBI the theft was bogus, and the owner was
involved.
O.J. Simpson Sentenced to As Much as 33 Years
O.J.'s Going to Prison
A
broken O.J. Simpson was sentenced Friday to as much as 33 years in
prison for a hotel armed robbery after a judge rejected his apology and
said, "It was much more than stupidity.'' The 61-year-old football Hall
of Famer stood shackled and stone-faced as Judge Jackie Glass rattled
off the punishment.
Sunday, November 30, 2008
Plaxico Burress Shoots Self in Thigh at Nightclub
Burress Shoots Self At Club
Super
Bowl hero Plaxico Burress accidentally shot himself in the right thigh
and spent the night in the hospital -- another dramatic turn in a
tumultuous season in which the star New York Giants receiver has been
fined and suspended.
Thursday, November 27, 2008
Revelers Crowd NYC Streets for Thanksgiving Parade
City Abuzz with Parade Joy
The
82nd annual Macy's Thanksgiving Day Parade wound its way through
Manhattan streets under sunny skies on Thursday, as thousands of
marchers carried giant balloons past throngs of holiday revelers
cheering them along the route.
Sunday, November 23, 2008
3 with NYC Ties are Named Rhodes Scholars
NEW YORK (AP)
-- Three students with ties to New York City are part of an elite group
of 32 people around the country who have been selected to be Rhodes
Scholars.
The high achievers will enter Oxford University in England in October.
David L. V. Bauer is a student at City College of New York who plans
to continue genetics research he began at Oxford last year while
studying abroad. The Manhattan native says he hopes to help make
genetic testing fast and cheap so that everyone has access to the
technology.
Bronx resident Rakim H. D. Brooks has already been appointed a
scholar at several public policy institutes. He wants to study
comparative social policy.
Columbia University student R. Jisung Park has studied sustainable
development and plans to pursue a Master's degree in nature, society,
and environmental policy.
Favre, Jets hand Titans season's first loss, 34-13
Jets End Titans' Perfect Season
The
Tennessee Titans are unbeaten no more. Brett Favre and the New York
Jets served notice they will be a factor in the AFC this season. Favre
threw two touchdown passes, Leon Washington ran for two scores and the
Jets routed the Titans 34-13 on Sunday, snapping the 13-game
regular-season winning streak by the NFL's last undefeated team. AP
photo
Thursday, November 20, 2008
The BlackBerry Storm Challenges the iPhone
The Storm: Still a text-centric device, but with an increased fun factor Taka
The new touchscreen BlackBerry Storm
looks a little like an iPhone and behaves a bit like one, too. So its
release is sure to spark a furious debate over which is better. That's
the wrong question. Each is an outstanding product—and distinct,
despite a few similar design flourishes. The correct question is, which
is right for you?
Sunday, November 16, 2008
Giants rush for 207 yards against Ravens in win
Big Blue Crushes BaltimoreThe Super Bowl champion New York Giants are running over opponents. Not even Ray Lewis and the Baltimore Ravens' league-best rushing defense could avoid becoming the latest victims. Aaron Ross iced the game by returning one of his two interceptions 50 yards for a third-quarter touchdown as the Giants (9-1) won their fifth straight game overall, and sixth straight at home.
Wednesday, November 12, 2008
Bloomberg Wins Key Support for Willets Point Development
On the Road to TransformationNew York Mayor Michael Bloomberg has won the support of key City Council leaders for a controversial development near the New York Mets' new stadium. City Council Member Hiram Monserrate, Speaker Christine Quinn and other key leaders say they will support a vote set for Thursday to rezone the Willets Point neighborhood in Queens.
Tuesday, November 11, 2008
Bush In NYC For Vets Day
Legacy of Honor Marks Vets Day"Legacy of Honor'' is the theme of this year's 5th Avenue Veterans Day Parade, which pays tribute to veterans of all eras. President Bush is also celebrating Veterans Day in Manhattan, making one of his last visits to New York City as chief executive to formally rededicate the Intrepid museum.
Thursday, November 06, 2008
Apple Laptops: The Hits Keep Coming
The latest MacBook and MacBook Pro enhancements should keep the hot streak going
Apple (AAPL)
is the only company I know that can tell its customers what they want
and make them like it. Nobody else has pulled that off since Henry Ford
decreed that consumers could get a Model T in any color they liked as
long as it was black. The latest MacBook and MacBook Pro computers
suggest that Apple has not lost its touch.
Wednesday, November 05, 2008
Voter Turnout Could Set New York Record
ALBANY, N.Y. (AP) -- The state Board of Elections reports some 7 million voters turned out across New York on Tuesday, and once all ballots are collected, that could break the record set four years ago.
Board spokesman Robert Brehm says about 16,000 precincts had reported by Wednesday afternoon, and it would take some time to determine whether machines for the remaining 137 precincts were combined with other reports or are outstanding. Also, counties have to inventory valid affidavits, and the deadlines for absentee and military absentee ballots are Nov. 11 and Nov. 17.
Brehm says the numbers were on track to be very close to, or surpass, the 2004 record of 7,448,266 voters. That year, there were some 337,000 absentee ballots and 106,000 affidavits.
NYC Property Tax Relief to Be Eliminated
Another Round of Budget CutsMayor Michael Bloomberg said Wednesday he will eliminate two popular pieces of property tax relief because the city's economy is in distress and can no longer afford it. The sobering budget update, coming amid a national economic slowdown, includes the decision not to start a new class of more than 1,000 police cadets this January.
Thursday, October 30, 2008
AT&T Finally Ready To Give iPhone Owners Free Wi-Fi At Starbucks
are a bit cumbersome -- you need to log in with your phone number and
get a free text message with a secure link to get access -- but if it
works, that's good enough for us.
AT&T also offers Apple (AAPL) iPhone owners free wifi access at some airports, hotels, restaurants, bookstores, etc. The telco also offers free wifi access to most of its residential broadband Internet subscribers.
Sunday, October 26, 2008
SEC Busts Steve Jobs Heart Attack Fraudster
Bloomberg:
A fake Internet report that Apple Chief Executive Officer Steve Jobs had suffered a heart attack was posted by a teenager, and investigators haven't found evidence he tried to profit from driving down the stock, two people with knowledge of the matter said.
The U.S. Securities and Exchange Commission is examining the 18-year-old's motives after the article on CNN's iReport.com sent Apple shares down as much as 5.4 percent Oct. 3, according to the people, who declined to be identified because the probe isn't public. While the investigation is continuing, the agency hasn't unearthed any trading records that show he benefited from the drop, one of them said.
Unless the SEC finds evidence of stock manipulation, the case is probably out of its jurisdiction. Another prosecutor could always argue it broke some other law, though.
Thursday, October 23, 2008
Android and iPhone philosophies worlds apart
|
Tuesday, October 21, 2008
BAD TEACHERS AIDE
|
Thursday, October 16, 2008
Monday, October 13, 2008
Apple to launch new Macbook
Telegraph.co.uk -
It is also expected to drop the white and black casing used on its entry-level MacBook computers in favour of the aluminium chassis found on the MacBook Pro range of high-end laptops.
Manic Monday: Dow roars back from worst week ever
A Record Gain on Wall Street
The
Dow staged its biggest single point-gain ever after a massive
eight-session losing streak. Wall Street stormed back from last week's
losses, sending the Dow Jones industrials soaring a nearly
inconceivable 936 points after major governments' plans to support the
global banking system reassured distraught investors.
Friday, October 10, 2008
Apple to unveil new laptop computers
AFP -
While discussing earnings with investors earlier this year, Apple executives tempered profit expectations by saying it is investing in new designs but didn't give specifics.
Tuesday, October 07, 2008
Sex addict, Duchovny
 New York Daily News |
New York Daily News -
By
ELOISE PARKER David Duchovny is out of rehab and back in the arms of
his wife, Tea Leoni. The couple appeared to have put their troubles
behind them as they posed arm in arm for a photograph at the New York
Czech Festival on the Upper East Side on ...
Dow dips more than 500 on worries about financials
Stocks Take Another Beating
The
stock market continued to sink Tuesday even after the Federal Reserve
announced plans to buy massive amounts of corporate debt to encourage
lending. The Dow Jones Industrial Average dropped 508
points to 9,447, leaving it 1,400 points lower since last Tuesday's
close.
Friday, October 03, 2008
Movie Premier " What Just Happened" at the MoMa, New York City
Show # 17, Tony takes you to New York City to the MOMA for the Premier of Robert DeNiro's lastest movie with Shots of John Turturro, Cybill Shepherd, Steve Buscemi, and Pink Floyd's, John Waters
Thursday, October 02, 2008
Walt Mossberg first impression of the G1....
Google’s G1: First Impressions
Google’s new G1 phone announced today
is the first real competitor to the iPhone. Like Apple’s product,
it’s a serious handheld computer with a powerful new operating
system (called Android) and a clever touch-based user interface. Like
the iPhone, it’s likely to be a major new platform for
third-party software. But it’s also very different, and may
appeal to different buyers.
The phone, expected to be the first of many to use the Android
operating system, was largely designed by Google, and was built by HTC
of Taiwan. It will be sold in the U.S. starting next month by T-Mobile,
for $179 with a two-year contract.
Here are some first impressions of the G1, based on some experience
with a prototype. This isn’t a full review; that will come later,
when I’ve had a chance to use a more finished device.
Bloomberg Announces Bid for 3rd Term
It's Official!
Mayor
Michael Bloomberg announced Thursday that he will ask City Council to
change New York's term-limits law so he can run for another four years
in office to deal with the "unprecedented challenges'' brought on by
the financial meltdown.
Wednesday, October 01, 2008
Tuesday, September 30, 2008
Giants Running Back Arrested on Alcohol Charge
ATHENS, Ga. (AP)
-- New York Giants backup running back Danny Ware has been arrested and
charged with an alcohol offense while walking in the road.
The 23-year-old former Georgia player was booked at the Clarke
County Jail early Sunday and released four hours later on $500 bond.
Police say Ware and a woman were standing in the street talking and
traffic had to steer around them. The police report said Ware
acknowledged he was drinking and his breath test showed he had a
blood-alcohol content of 0.152. He was charged with pedestrian under
the influence and pedestrian walking in the road.
Ware is in his second season with the Giants. The Giants had a bye last weekend.
Monday, September 29, 2008
Bailout bill slapped aside; record stock plunge
Stocks Take Historic Fall
In
a vote that shook the government, Wall Street and markets around the
world, the House on Monday defeated a $700 billion emergency rescue for
the nation's financial system, leaving both parties and the Bush
administration scrambling to pick up the pieces. The Dow Jones
industrials plunged nearly 800 points, the most ever for a single day.
Driver racks up almost $33,000 in toll booth fees
match: Almost $33,000 in unpaid tolls.
That's what Catherine Cappelluti owes the Port Authority of New
York and New Jersey for a half dozen years of driving through toll
booths, according to a judgment against her in a Bergen County
court.
The New Jersey resident used PA crossings 1,087 times for free
between 1998 and 2004, collecting 361 citations, according to court
documents.
They show the 38-year-old owes $32,879 for not paying to use the
Port Authority's E-ZPass lanes.
She says she's innocent, and blames her ex-boyfriend.
Mussina becomes oldest to earn 1st 20-win season
Mike Mussina wrapped up a postgame television interview on the field then returned to the New York Yankees clubhouse. In
a season with little to celebrate, his teammates gave him a rousing
welcome - one he had waited his entire 18-year career to receive.
Mussina had just become the oldest pitcher to win 20 games in a season
for the first time as the Yankees beat the Boston Red Sox 6-2 Sunday in
the opener of a rain-delayed day-night doubleheader.
"This
is one of those things that I think will take a while to sink in," said
Mussina, who has won at least 18 games five other times.
The
playoff-bound Red Sox won the second game 4-3 on Jonathan Van Every's
bases-loaded single with two outs in the 10th off Jose Veras (5-3).
Devern Hansack (1-0) pitched the 10th for the win as Boston prevented
the Yankees (89-73) from reaching 90 wins for the seventh straight
season. New York finished five games back of the wild-card Red Sox and
missed the postseason for the first time since 1993.
Less
than three months before his 40th birthday, Mussina (20-9) gave up
three hits in six shutout innings in his final start of the season. He
returned to the field to bring out the lineup card for the second game.
Last
year he had the highest ERA of his career (5.15). This season, it was
3.37 after he allowed one earned run in 16 innings over his last three
starts.
Study Finds N.J. Suicide Rates Higher in Rural Areas
The report analyzed state suicide rates from 2004 to 2006. It found
the 10 counties below Interstate 195, along with the areas in New
Jersey's rural northwest corner, have higher incidents of suicides.
Cape May County, at the far southern tip of the state, topped the list.
The higher suicide rate in sparsely populated areas mirrors
nationwide patterns, but was still a surprise to the director of the
state office which analyzes injury data.
"What we call a rural area in New Jersey is not really all that
rural, compared to places like Montana," Katherine Hempstead, the
director of the Office of Injury Surveillance and Prevention, told The
Sunday Star Ledger of Newark.
Hempstead suggested one possible reason for higher suicide rates in rural areas: more access to guns.
Seven counties with the highest suicide rates from 2003 to 2005 also had firearm ownership rates above the state average.
The state study found 45 percent of suicides in rural Sussex County
were by gunshot, compared to fewer than 16 percent of suicides in urban
Essex County.
"One aspect of rural life is greater likelihood of owning a gun, and
with owning a gun comes greater risk of suicide," Hempstead said.
Other reasons offered by experts include rural attitudes that cause
some to shun counseling, and the difficulties rural people encounter
trying to seek seeking mental health services in a private manner.
Mets Collapse... Again
Shea It Ain't So... Again...
Mets
collapse, the sequel. Doomed by a dreadful bullpen that failed
them again Sunday, the New York Mets completed their second consecutive
September slide with a 4-2 loss to Florida that knocked them out of
playoff contention in the final game at Shea Stadium.
Wednesday, September 24, 2008
Quarterback Wax: Eli Manning Honored at NYC Museum
Bowl. Now Eli Manning will be staring down the throngs of tourists at
the Madame Tussauds wax museum.
Madame Tussauds is unveiling a likeness of the Super Bowl MVP on
Tuesday, making him the first New York Giants player to be featured at
the wax museum.
Manning is depicted holding a football in one hand and a Giants helmet in the other.
Madame Tussauds is among the most popular tourist destinations in
Times Square, with figures of famous people ranging from President Bush
to Brad Pitt.
FBI investigating companies at heart of meltdown
Financial Giants Investigated
The
FBI is investigating four major U.S. financial institutions whose
collapse helped trigger a $700 billion bailout plan by the Bush
administration. Two law enforcement officials said the FBI is looking
at potential fraud by mortgage finance giants Fannie Mae and
Freddie Mac, Lehman Brothers Holdings Inc., and insurer American
International Group Inc.
Monday, September 22, 2008
It's Android time
In New York City Tuesday, T-Mobile will unveil one of the most anticipated handsets of the year.
The T-Mobile G1, aka the HTC Dream, aka the Google phone, will be the first cell phone with the Google Android OS to go on sale. Exact features are still a bit sketchy, and we still can't confirm with complete certainty what it will look like, but we know that the G1 will go on sale in October.
As T-Mobile shows the phone off to the world CNET News's Maggie Reardon
will be on hand to bring you all the details. Then, after we have a bit
of time to process it all, we'll bring you slide shows, videos, and an
in-depth analysis on what the handset offers and what it means for the
cell phone world. Check out our full coverage of the T-Mobile G1 and Google Android.
More anxiety on Wall St.: Stocks dive, oil soars
More Anxiety on Wall Street
Elation
in the financial markets over the $700 billion bank bailout plan
evaporated Monday and was replaced by all-too-familiar anxiety,
pummeling stocks and sending oil prices to their biggest one-day gain.
Saturday, September 20, 2008
Friday, September 19, 2008
Yankees Mural Gets 2 New Additions
spray-painted graffiti on a wall at Yankee Stadium in 1973 and
instantaneously became part of team lore.
Yankees owner George Steinbrenner caught him in the act, and Negron
was locked up, but not before Steinbrenner extended his generosity and
made Negron bat boy for that night's game. He went on to become
Steinbrenner's special assistant and works for the Boss to this day.
Possible financial crisis fix sends stocks soaring
Signs of Relief on Wall Street
Wall
Street finally found reason to rally Thursday, soaring on a report that
the Bush administration was considering setting up a government agency
to soak up bad loans and mortgages. But it was far from clear that the
government had settled on any solution to the worst crisis on Wall
Street in decades.
Tonylimo 's " Ask The Chauffeur": Yankee Stadium deal criticized by lawmakers
http://ap.google.com/article/ALeqM5i6ix1WykjebXFlRHFTZBkFCTHAXQD939DB682
Yankee Stadium deal criticized by lawmakers
Taken on Sept.17, 2008
A congressional panel has taken tough swings at the New York Yankees and New York City government over a new stadium for the Yankees. But neither the team nor the city budged from their positions on the $1.3 billion structure.
Rep. Dennis Kucinich said Thursday he found "waste and abuse of public dollars" in the financing of the new stadium under construction in the South Bronx.
Kucinich is an Ohio Democrat who heads the House Oversight and Government Reform Committee. He charged that city officials misrepresented to the IRS the value of the property, helping them to get special tax deals from the federal government and in effect dumping the cost of construction onto taxpayers. No one from the either the city or the Yankees spoke at the hearing.
Wednesday, September 17, 2008
U.S. Stocks Plunge after AIG Bailout
Stocks Take Another Beating
Wall
Street stumbled again Wednesday, with anxieties about the financial
system still running high after the government bailed out insurer
American International Group Inc. The Dow Jones industrial average
dropped about 280 points.