Florida lawyer sentenced to 50 years for $1bn fraud June 9, 2010 SOUTH Florida Ponzi scheme mastermind Scott Rothstein was sentenced to 50 years in prison yesterday for an investment fraud that bilked clients out of more than $1bn. The sentence was more than the 40 years federal prosecutors had recommended for Rothstein, a disbarred lawyer who pleaded guilty to racketeering and fraud conspiracy charges in January. [...]
Germany turns down Opel’s request for aid June 9, 2010 GERMANY’S economy minister Rainer Bruederle said yesterday he had rejected a bid by carmaker General Motors for state aid for its European unit Opel. Bruederle said he took his decision after a steering committee assessing the aid request failed to reach a unanimous position, adding that he was convinced GM had enough money to complete [...]
Germany buys Swiss tax data June 9, 2010 Germany has purchased a new disc with Swiss banking data relating to suspected tax dodgers, the Finance Ministry said yesterday. “What we’re looking at are 20,000 sets of data, which, alongside names and addresses, also have account details and internal details,” ministry spokesman Michael Offer said. Offer said the federal government had purchased the data [...]
Viacom declares first dividend June 9, 2010 Viacom declared its first quarterly dividend yesterday and reinstated a stock repurchase program, addressing questions about how it would invest its extra cash. Viacom, the only major US media company that had not been paying a dividend, set a quarterly dividend of 15 cents a share. The owner of film studio Paramount Pictures along with [...]
Ousted Cole keeps his focus June 9, 2010 JOE COLE refused to be drawn on his future last night after it was confirmed he is to leave Chelsea this summer. The England playmaker will depart Stamford Bridge after seven years on 1 July after the Premier League champions refused to agree terms to a new deal. He joins 30-pluses Michael Ballack and Brazilian [...]
Ballack ‘surprised’ by Chelsea release June 9, 2010 MICHAEL BALLACK’S agent has told of the German’s “complete surprise” at being released by Chelsea. The 33-year-old was believed to be locked in talks with the Premier League champions to extend his existing deal, which is worth an estimated £150,000 a week. But Ballack’s agent, Michael Becker, claimed there had been no contact with Chelsea [...]
Capello snaps at snappers as World Cup pressure mounts June 9, 2010 UBER-COOL Fabio Capello showed the first signs of feeling the strain yesterday after launching an astonishing verbal attack on photographers at England’s World Cup training base. The Three Lions boss took exception to his players being filmed inside their Royal Bafokeng camp and stormed out to confront the cameramen, bellowing “Why do you take photos [...]
We’ll silence the Wallabies, vows Cueto June 9, 2010 MARK CUETO says England can leave the Wallabies hopping mad with a shock victory in the first Test on Saturday. The Sale wing is an expected starter in Perth after sitting out the 28-28 draw with the Australian Barbarians in the opening tour match on Tuesday. But despite Martin Johnson’s men being massive underdogs in [...]
Cameron flies flag for England June 9, 2010 PRIME MINISTER David Cameron is to replace the Union Jack above 10 Downing Street with the flag of St George in support of England’s World Cup campaign. Cameron allowed the flag to be changed in a bid to unite Britain, with Scotland, Wales and Northern Ireland failing to qualify for the tournament. He said: “I’m [...]
Iniesta doubt for Spain June 9, 2010 SPAIN have a fresh injury concern over playmaker Andreas Iniesta. The Barcelona midfielder was taken on in the first half of their 6-0 warm-up win over Poland on Tuesday night with a minor thigh injury. Liverpool striker Fernando Torres netted twice for the Spanish and says he has fully recovered from his knee injury. “The [...]
