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At Least 6 People Abducted in Mexican Hotel Raids - NYTimes.com - 0 views

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    ""It could be an organized crime group who was looking for an opposing group," said Alejandro Garza, the top prosecutor in the state of Nuevo León. Investigators said the gunmen entered the Holiday Inn with a man who was handcuffed and who told them to go to the fifth floor of the 17-story hotel. Once there, they barged into many rooms. They took one guest's laptop computer. Other guests reported that the gunmen looked inside and left. In Room 501, the gunmen took Luis Miguel González, a businessman from Mexico City. In Room 502, they abducted Ángel Ernesto Montes de Oca Sánchez, also from Mexico City. Down the hall, they removed Manuel Juárez, also from Mexico City, from Room 511. Nearby, in Room 512, Araceli Hernández, from Reynosa, who registered as a businesswoman, was also taken. David Salas, the hotel's receptionist, was also taken, along with computer equipment that contained the hotel's guest registry and security tapes, the authorities said. Later, armed men also took the receptionist from a hotel across the street. Initial reports that an American was among the abductees were inaccurate, American officials said. The affiliation of the gunmen was unknown, although some officials and experts on Mexico's drug gangs suggested that initial evidence pointed to the Zetas, a paramilitary group that engages in drug trafficking and other illegal activities and has been linked to violence in Monterrey. Before storming the hotels, the attackers stole trucks and other vehicles and used them to block access to the area, the authorities said. "It's absolutely unprecedented," said George W. Grayson, a professor at the College of William & Mary in Williamsburg, Va., and the author of "Mexico: Narco-Violence and a Failed State?" "You now have gunmen blocking off streets so that even if you had competent police, and you don't in Monterrey, they can't get to the place of operation," he said. Every day, Mexico's drug traffickers see
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Cyberattack on Google Said to Hit Password System - NYTimes.com - 0 views

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    In Google's case, the intruders seemed to have precise intelligence about the names of the Gaia software developers, and they first tried to access their work computers and then used a set of sophisticated techniques to gain access to the repositories where the source code for the program was stored. They then transferred the stolen software to computers owned by Rackspace, a Texas company. Rackspace, which had no knowledge of the transaction, offers Web-hosting services. It is not known where the software was sent from there. The intruders had access to an internal Google corporate directory known as Moma, which holds information about the work activities of each Google employee, and they may have used it to find specific employees. A version of this article appeared in print on April 20, 2010, o
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Ciudad Juarez women still being tortured by killers | World | Chron.com - Houston Chro... - 0 views

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    Esmeralda's partially clothed body was found in the cotton field's irrigation ditch eight days later, along with those of the two other women. Her pants removed and blouse and bra pulled up to her neck, Esmeralda was lying face up in the ditch, hands tied behind her back. Part of Esmeralda's right breast had been hacked away, the nipple of the other sliced off. The body was badly decomposed. The Inter-American Court found that Esmeralda and the two other girls had disappeared separately and had been held in captivity before being murdered. All three likely were raped and tortured by their captors for an unknown number of days, the court said. "The treatment they experienced during the time they remained kidnapped before their death caused them, at the very least, severe mental suffering," the court stated in its ruling, adding that Mexican officials deprived Esmeralda and the others of "the rights to life, personal integrity and personal liberty." Encouraged not to view Esmeralda's body, Monreal identified her daughter by the clothes police said she was wearing, including her socks. But even as she buried her daughter, positive identification had not been conclusive - not until four years later - when an Argentine forensics crew confirmed the murdered girl's identity with DNA testing. More bodies, same field The body of Laura Berenice Ramos, 17, a third-year high school student, also was found that day; she hadn't been heard from since calling a friend to say she was heading to a Saturday night party. Her breast also was mutilated and skin had been torn from her body. The third woman was Claudia Ivette Gonzalez, 20, who on the day she vanished had been sent home from her factory job after arriving two minutes late. She, too, had been tortured, one of her arms severed. Soon after, searchers recovered the remains of five more women in another corner of the field. They had been dead much longer; the killing had been going on for some time. Within three days
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Investor Who Made Billions Not Targeted in Goldman Suit - NYTimes.com - 0 views

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    "After analyzing risky mortgages made on homes in Arizona, California, Florida and Nevada, where the housing markets had overheated, Mr. Paulson went to Goldman to talk about how he could bet against those loans. He focused his analysis on adjustable-rate loans taken out by borrowers with relatively low credit scores and turned up more than 100 loan pools that he considered vulnerable, the S.E.C. said. Mr. Paulson then asked Goldman to put together a portfolio of these pools, or others like them that he could wager against. He paid $15 million to Goldman for creating and marketing the Abacus deal, the complaint says. One of a small cohort of money managers who saw the mortgage market in late 2006 as a bubble waiting to burst, Mr. Paulson capitalized on the opacity of mortgage-related securities that Wall Street cobbled together and sold to its clients. These instruments contained thousands of mortgage loans that few investors bothered to analyze. Instead, the buyers relied on the opinions of credit ratings agencies like Moody's, Standard & Poor's and Fitch Ratings. These turned out to be overly rosy, and investors suffered hundreds of billions in losses when the loans underlying these securities went bad. Mr. Paulson personally made an estimated $3.7 billion in 2007 as a result of his hedge fund's performance, and another $2 billion in 2008. He was also treated like a celebrity by members of a Congressional committee that invited him to testify in November 2008 about the credit crisis. At the time, none of the lawmakers asked how he had managed to set up his lucrative trades; they seemed more interested in getting his advice on how to solve the credit crisis. "
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Immigrants in Work Force - Study Belies Image - NYTimes.com - 0 views

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    "Americans, whether they are rich or poor, are much more in favor of high-skilled immigrants," said Jens Hainmueller, a political scientist at M.I.T. and co-author of a survey of attitudes toward immigration with Michael J. Hiscox, professor of government at Harvard. The survey of 1,600 adults, which examined the reasons for anti-immigration sentiment in the United States, was published in February in American Political Science Review, a peer-reviewed journal. Americans are inclined to welcome upper-tier immigrants - like Ms. Kollman-Moore - believing they contribute to economic growth without burdening public services, the study found. More than 60 percent of Americans are opposed to allowing more low-skilled foreign laborers, regarding them as more likely to be a drag on the economy. Those kinds of views, in turn, have informed recent efforts by Congress to remake the immigration system. A measure unveiled last month by Senator Lindsey Graham, Republican of South Carolina, and Senator Charles E. Schumer, Democrat of New York, aims to reshape the legal system to give priority to high-skilled, high-earning immigrants, offering narrower channels for low-wage workers. (A bill in 2007 by the Bush administration tilted even more sharply toward upper-tier immigrants; it failed in Congress.) "
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Gunmen kill 13 people in southern Mexican town - El Paso Times - 0 views

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    The Gulf cartel has recently hung banners in Nuevo Laredo accusing Calderon's administration of protecting the less-openly bloody Sinaloa cartel, while cracking down on extremely violent rival drug gangs. While Sinaloa hit men have carried out massacres in the past, the Gulf and La Familia cartels frequently use the grizzliest methods imaginable to eliminate rivals and attack police and army patrols.
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Officials: Rapist e-mail is false | false, hesperia, mail - Local News - Victorville Da... - 0 views

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    HESPERIA * Authorities said a frightening e-mail warning Hesperia residents of a rapist on the loose is a hoax. The e-mail includes an imbedded picture of convicted 9/11 terrorist Zacharias Moussaoui who is currently in federal prison in Colorado.
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Woman found in aqueduct's funeral struck by big rig - 0 views

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    The funeral procession for Tahnee Whiting - the woman whose vehicle was found at the bottom of the California Aqueduct earlier in the month - was traveling east on Main Street when for unknown reasons the tractor trailer heading north on Highway 395 ran through the intersection striking the white SUV directly behind Whiting's hearse, according to Whiting's mother, Kim Isom. About six people were in the overturned vehicle, but only three were transported to Desert Valley Hospital with minor injuries.
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VVUHSD's top aide on leave after child abuse allegations surface | surface, abuse, top ... - 0 views

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    These two scumbags made the big-time national news when this happened. Machnick and her husband were tried for felony child abuse in 2002. Jury deadlocked. In 2005, facing re-trial, Machnick pled "nolo contendere" (equivalent to guilty) to misdemeanor child abuse in a plea bargain and received 120 days community service. Their child was in junior high, and Machnick was a public school principal in Walnut. When this broke, she got promoted to "administration" so she would have "no contact with children"...  top aide on leave after child abuse allegations surface Comments 11 | Recommend 2 March 20, 2010 11:32 AM Natasha Lindstrom VICTORVILLE * The Victor Valley Union High School District has placed the superintendent's top aide on paid leave after officials discovered she was charged with abusing her teenage stepson 10 years ago, including taking nude photographs of him and forcing him to carry dog feces in his backpack. Deborah Machnick, 54, joined the district in September 2007 as director of curriculum and instruction and was appointed special assistant to the superintendent six months ago. Machnick was placed on leave March 11 after a district employee tipped off officials about prior child-abuse charges, Superintendent Marilou Ryder confirmed. "To be clear now, during her employment there's been absolutely no complaints or any proof of misconduct at all, but we have certain information that we were obligated to investigate," Ryder said. Prosecutors alleged Machnick and her husband, Grady Machnick, a former Los Angeles County Sheriff's sergeant, emotionally and physically abused their then-14-year-old son at their residence in Yorba Linda, the Los Angeles Times reported in 2002. To discipline the unruly boy, the couple allegedly forced him to sleep outside on a dog mat, prevented him from using the bathroom at night and poured water on him as he slept, the Times reported. The boy was forced to "earn" clean clothes, according to the Time
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Cartels Face an Economic Battle - washingtonpost.com - 0 views

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    More than 60 percent of the cartels' revenue -- $8.6 billion out of $13.8 billion in 2006 -- came from U.S. marijuana sales, according to the White House Office of National Drug Control Policy. Now, to stay competitive, Mexican traffickers are changing their business model to improve their product and streamline delivery. Well-organized Mexican cartels have also moved to increasingly cultivate marijuana on public lands in the United States, according to the National Drug Intelligence Center and local authorities. This strategy gives the Mexicans direct access to U.S. markets, avoids the risk of seizure at the border and reduces transportation costs. Unlike cocaine, which the traffickers must buy and transport from South America, driving up costs, marijuana has been especially lucrative for the cartels because they control the business all the way from clandestine fields in the Mexican mountains to the wholesale dealers in U.S. cities such as Washington. "It's pure profit," said Jorge Chabat, an expert on the drug trade at the Center for Research and Teaching in Economics in Mexico City.
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The New Poor - For-Profit Schools Cashing In on Recession and Federal Aid - NYTimes.com - 0 views

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    The tuition was daunting - about $41,000 for a 14-month program - but he said the admissions recruiter portrayed it as the entrance price to a stable life. "The recruiter said, 'The way the economy is, with the recession, you need to have a safe way to be sure you will always have income,' " Mr. Newburg said. " 'In today's market, chefs will always have a job, because people will always have to eat.' " According to Mr. Newburg, the recruiter promised the school would help him find a good job, most likely as a line cook, paying as much as $38,000 a year. Last summer, halfway through his program and already carrying debts of about $10,000, Mr. Newburg was alarmed to see many graduates taking jobs paying as little as $8 an hour washing dishes and busing tables, he said. He dropped out to avoid more debt.
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Write-offs are driving decline in credit-card debt - MarketWatch - 0 views

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    Last year, outstanding credit-card debt dropped an eye-popping $93.2 billion to about $876 billion, according to Federal Reserve data, which are not seasonally adjusted. During the same period, charge-offs -- the unsecured debt the banks determine they won't get back and charge off to loss reserves -- added up to $83.3 billion. In other words, only about $10 billion of the drop is attributable to consumers paying off their debt. Robert Hammer, chief executive of investment bank R.K. Hammer, said when credit charge-offs are exceeding receivables, the impact is clear. "For the first time in my 30 years in this business, the dollar amount of card loans finished the year lower than they started," he said. "That would mean that consumers have either put their credit cards in a safe-deposit box and only get them out for special occasions or that some are cutting them up and not using them at all. And we don't think any of that is going on."
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Nearly one-in-five Victor Valley residents jobless | victor, valley, one - Local News -... - 0 views

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    At more than 17 percent unemployed, the Victor Valley continued to top California's unemployment rate of 12.5 percent. Though the state added more than 32,000 non-farm payroll jobs in January, it still has the nation's fifth-highest unemployment rate, exceeding the national average of 10.6 percent, according to the state's Employment Development Department. Michigan leads the nation with an unemployment rate of 14.3 percent, according to U.S. Bureau of Labor Statistics. Adelanto continued to have the highest unemployment rate in the Victor Valley at 22.8 percent. But every city noted in the state's report suffered from double-digit unemployment percentages - most over 15 percent. Most of the 19,500 jobs lost in Riverside and San Bernardino counties from December 2009 to January 2010 were in the trade, transportation and utilities sector, which declined by 7,700 workers. Retail stores shed over 6,000 jobs as the Christmas shopping season closed, while professional and business services jobs saw a decline of 3,600 workers.
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Riverside County jobless rate up slightly | mydesert.com | The Desert Sun - 0 views

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    The jobless rate in Riverside County was 15.1 percent in January, up from 14.3 percent the previous month, new figures show. About 137,600 people are unemployed in Riverside County, according to the California Employment Development Department. Riverside County's jobless figure was in line with the 15 percent unemployment rate that the Riverside-San Bernardino-Ontario metropolitan statistical area reported, state officials said. San Bernardino County's unemployment rate was 14.8 percent in January, up from 13.6 percent in December, the monthly labor report showed. In the Coachella Valley, unemployment rates for cities ranged from a low of 5.4 percent in Indian Wells to 29 percent in Mecca. In January, California's unemployment rate was 13.2 percent, compared with 10.6 percent for the nation, EDD reported. Read more tomorrow in The Desert Sun.
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Abroad - Caravaggio in Ascendance - An Antihero's Time to Shine - NYTimes.com - 0 views

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    Caravaggio, who somehow found time to paint when he wasn't brawling, scandalizing pooh-bahs, chasing women (and men), murdering a tennis opponent with a dagger to the groin, fleeing police assassins or getting his face mutilated by one of his many enemies, has bumped him from his perch.
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Can you collect unemployment benefits while starting a business? - Explain Business - 0 views

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    IN MICHIGAN -If your earnings from work are equal to or less than your weekly umemployment entitlement, your benefits are reduced by 50 cents on every dollar earned -If your earnings surpass your weekly unemployment benefit but are less than 1.5x times your benefit amount, then your total earnings are subtracted from 1.5x times your weekly benefit amount -Your weekly benefit combined with your weekly earnings cannot exceed 1.5x your unemployment benefit amount. This would suggest that in Michigan you could possibly work part-time starting your own business while claiming unemployment insurance as long as you don't make wages from your business in excess of the above and are willing and able to take the new job that you are actively looking for.
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Job Market Stabilizes for Business Students - NYTimes.com - 0 views

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    This year, as he sought a full-time job, Wells Fargo quickly gave him the response he wanted: When can you start? "The banks this year kept saying, 'It's a good year,' 'We just approved a lot of hiring,' 'The market is clearing up,' " Mr. Yankson said. "It was a completely different experience."
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Visiting Tuscany Without the Crowds - NYTimes.com - 0 views

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    The real Tuscany, as locals have been telling me over the years, is found in the dead of winter, when the crowds are thinner and the rooms, flights and restaurants are pleasantly cheaper.
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Brown's election may ending up being a positive for health-care reform - 0 views

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    emember how Republican Scott P. Brown's victory in January's Senate race in Massachusetts was supposed to represent a mortal blow to health-care reform? "Probably back to the drawing board," Sen. Russell Feingold (D-Wis.) declared the next day. "Might be dead," Rep. Anthony Weiner (D-N.Y.) surmised. "We're back to where we were maybe even years ago," concluded Rep. Barney Frank (D-Mass.). But rather than dooming the effort, Brown's win appears to have helped Democrats refocus the legislation and their strategy for selling it. Once on track to produce a bill that Republicans were prepared to depict as partisan and laden with special-interest perks, Democrats now expect to unveil legislation that costs less and more aggressively tackles health-care inflation -- a package they say could leave them less vulnerable in November. It drops the "Cornhusker Kickback" that so infuriated voters, and includes a few Republican ideas tacked on by President Obama. "There's no government takeover of health care; there's an expansion of the private market, subsidies, more choice -- I mean, it's so much of what many of us had hoped for from the very beginning," said Sen. Mary Landrieu (D-La.), a moderate and reluctant supporter of the original Senate bill. The House and Senate will launch the final legislative phase this week, with the aim of holding votes before the end of the month. The action will come in two phases. First the House will vote on the bill the Senate approved on Christmas Eve. Then each chamber is expected to consider a package of "fixes" offered under a budget rule known as reconciliation that will protect it from a GOP filibuster in the Senate. Democrats could still fail to pass the overhaul for any number of reasons, and Republicans are vowing an epic showdown on the Senate floor to derail the reconciliation package. Sen. Judd Gregg (N.H.), the senior Republican on the Senate Budget Committee, which holds jurisdiction over reconciliation bills, has called the
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California adds 32,500 jobs in January, but 2009 losses revised sharply upward - Sacram... - 0 views

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    Sohn said the Central Valley and Inland Empire, which have suffered some of the worst foreclosure rates in the nation, are dragging down the rest of the state. Coastal California is rebounding well, he said, and the comeback in Asia's economy is helping California's major ports.
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