Secrets Of The Mountain On Nbc: Video
Books-A-Million buys minority stake in Yogurt Mountain Holding for undisclosed price
April 1st, 2010 Books-A-Million buys Yogurt Mountain Holding stakeBIRMINGHAM, Ala. Books-A-Million Inc.
Ex publicist reveals Tyra Banks' secrets
March 1st, 2010 NEW YORK - Jon Paul Buchmeyer, who worked as a publicist for Tyra Banks during her 'Inside Out' book tour, has revealed some secrets about the former model in his new memoir. In 'Alphabet City', Buchmeyer wrote: "Chips with the fat substitute Olestra cause Tyra to have intestinal distress," reports the New York Post.
Britt Ekland to disclose life secrets on stage
January 31st, 2010 LONDON - Swedish actress Britt Ekland is set to disclose the secrets of her turbulent life on stage. "I am planning my one woman show.
Chinese Officials Deny Avatar Mountain Honour
January 29th, 2010 Chinese officials have laughed off reports they have renamed a mountain after JAMES CAMERON's sci-fi hit AVATAR, insisting posters suggesting a name-change were simply part of a promotional stunt. Reports surfaced on Tuesday (26Jan10) alleging South Sky Pillar in Zhangjianjie, southern China would now be known as Avatar Hallelujah Mountain on maps and guides because of its likeness to the peaks featured in the blockbuster film.
Minogues' Family Secrets Revealed
January 26th, 2010 KYLIE and DANNII MINOGUE's family history has been unearthed, revealing their mother was one of the Britons who set sail to Australia on a $16 (?10) ticket in 1955 to start a new life Down Under. The Aussie singers have learned their relatives' secrets after passenger lists from a 1950s emigration scheme listed their mother, Carol Jones.
Mountain Honour For Avatar
January 26th, 2010 JAMES CAMERON's blockbuster AVATAR has been given a sky-high honour in China - its own peak. As the film topples the moviemaker's Titanic as the highest-grossing movie of all time, Chinese officials renamed a mountain after the film.
Padma Lakshmi reveals 'Top Chef' secrets
January 12th, 2010 NEW YORK - 'Top Chef' host Padma Lakshmi has apparently divulged too many secrets from the show. She is said to have spilled the beans during a New York Times panel with fellow show judges Gail Simmons and Eric Ripert, reports the New York Post.
Bluegrass Star Cooke Dead At 72
December 4th, 2009 Bluegrass legend JACK COOKE has died at the age of 72. The bass player and singer with Ralph Stanley's Clinch Mountain Boys passed away on Tuesday (01Dec09) after collapsing at his home in Virginia.
Dylan & Jagger Secrets Exposed In New Book
October 31st, 2009 The sex secrets of rock legends including BOB DYLAN, MICK JAGGER, and RINGO STARR are to be laid bare - notorious groupie CHRIS O'DELL has written her memoirs. The blonde had flings with folk legend Dylan and Rolling Stones frontman Jagger, and insists Beatles guitarist George Harrison wrote a song for her after she bedded drummer Starr when she worked at Apple Records in the '60s.
Ski resort company sets mandatory helmet after Natasha Richardson death
October 1st, 2009 Ski resort sets helmet rule after Richardson deathVANCOUVER, British Columbia Six months after actress Natasha Richardson died following a fall at the Mount Tremblant ski resort in Quebec, the company that operates the facility has announced helmet requirements at its North American resorts. Vancouver-based Intrawest said Thursday it will recommend all skiers and snowboarders wear helmets when the ski season begins in a few weeks.
It's official: Women can't keep secrets for more than 47 hours!
September 16th, 2009 LONDON - Most women cannot keep a secret for more than 47 hours, a new survey has revealed. In the survey involving 3,000 women aged 18 to 65, four in 10 respondents admitted that they cannot keep a secret, no matter how personal or embarrassing.
Partial list of video music award winners
September 13th, 2009 Partial list of video music award winnersA partial list of winners of the MTV Video Music Awards. BEST FEMALE VIDEO: Taylor Swift, "You Belong With Me."BEST ROCK VIDEO: Green Day, "21 Guns."BEST POP VIDEO: Britney Spears, "Womanizer."BEST MALE VIDEO: T.I.
List of video music award winners
September 13th, 2009 List of video music award winnersA partial list of winners of the MTV Video Music Awards. VIDEO OF THE YEAR: Beyonce, "Single Ladies (Put a Ring on It)."BEST FEMALE VIDEO: Taylor Swift, "You Belong With Me."BEST ROCK VIDEO: Green Day, "21 Guns."BEST POP VIDEO: Britney Spears, "Womanizer."BEST MALE VIDEO: T.I.
YouTube hopes to sell more video makers on the virtues of ads as site strives to make money
August 25th, 2009 YouTube's new sales pitch: join our ad programSAN FRANCISCO YouTube hopes to convert more amateur videographers into capitalists as it strives to show more advertising on its Web site and end years of uninterrupted losses. The Internet's top video channel will try to increase participation in its advertising program by actively recruiting the makers of widely watched clips.
Adriana Lima sizzles in new Victoria's Secrets lingerie campaign
June 25th, 2009 LONDON - Brazilian supermodel Adriana Lima has shown off her sexy curves in new Victoria's Secrets lingerie campaign. The 28-year-old beauty looked hot as she posed in light green two-piece.
Fabrice Tourre, Goldman Sachs Vp, Accused Of Securities Fraud.
The 31 years, vice-chairman of Goldman Sachs in transferable fraud by the Securities and Exchange Commission today charged Fabrice Tourre, a graduate of Stanford French, who worked on Wall Street since July 2001.
In an e-mail to a friend January 23, 2007, when the operator based in London were The Fabulous Fab and warned the coming collapse of the subprime securities market, according to the SEC complaint. In the message, also expressed his lack of vision dramatically for the consequences of his risky trading activities:
More weight in the system. The whole building is falling down around any time now only potential survivors, the Fabulous Fab rice [Tourre] is at the heart of all these complex operations has created a highly leveraged exotic without necessarily understanding all the implications of these atrocities!
In December last year, the New York Times on the role Fourr Abacus in creating deals, investor bet for or against mortgage-backed securities through credit default swaps allowed:
Mr. Egoli and Fabrice Tourre, a trader at Goldman French were doing from the beginning of the trial, the ability to Abacus offers an aggressive look better than they were, according to notes taken by an investor on Wall Street during a telephone conversation with Mr. Tourre and another Goldman employee in May 2005.
The call, noted that the two merchants were trying to analysts Moodys Investors Service, to convince a credit rating agency, which assign a higher valuation to a portion of a CDO Abacus, but had problems, according to notes taken by the investor a colleague, who requested anonymity because he was not authorized to release that was provided. Goldman declined to discuss the choice of activities in CDO, but a spokesman said that investors could have rejected the CDO assets, if you do not like
Egoli and Fabrice were way ahead of its time, said a former employee of Goldman. They saw the writing on the wall in that market in 2005. With the creation of CDOs Abacus, has helped protect against the loss of Goldman, others suffer.
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Sec Accuses Goldman Sachs Of Civil Fraud
WASHINGTON (AP) The government has accused Goldman Sachs & Co. of defrauding investors by failing to disclose conflicts of interest in subprime investments it sold as the housing market was collapsing.
The Securities and Exchange Commission said in a civil complaint Friday that Goldman failed to disclose that one of its clients helped create and then bet against subprime mortgage securities that Goldman sold to other investors.
Two European banks that bought the mortgage securities lost nearly $1 billion, the SEC said. The agency is seeking to recoup profits reaped on the deal
Goldman Sachs denied the allegations. In a statement, it called the SECs charges completely unfounded in law and fact and said it will contest them.
The charges come as lawmakers seek to crack down on Wall Street practices that helped cause the financial crisis. Among proposals Congress is weighing are tougher rules for complex investments like those involved in the alleged Goldman fraud.
The Goldman client implicated in the fraud is one of the worlds largest hedge funds, Paulson & Co. The SEC said it paid Goldman roughly $15 million in 2007 to put together an investment offering that was tied to mortgage-related securities the hedge fund viewed as likely to decline in value.
Separately, Paulson took out a form of insurance that allowed it to make a huge profit when those securities became nearly worthless.
ABN Amro, a major Dutch bank, was the biggest loser in the securities, having paid Goldman $841 million, according to the SEC. And IKB, a German commercial bank, lost nearly all its $150 million investment, the agency said. Most of the money they lost went to Paulson in a series of transactions between Goldman and the hedge fund, the SEC said.
Goldman Sachs shares fell more than 13 percent after the SEC announcement, which also caused shares of other financial companies to sink. The Dow Jones industrial average fell more than 120 points in midday trading.
The civil lawsuit filed by the SEC in federal court in Manhattan was the governments most significant legal action related to the mortgage meltdown that ignited the financial crisis and helped plunge the country into recession. The SECs enforcement chief said the agency is investigating a broad range of practices related to the crisis.
The agency also charged a Goldman vice president, Fabrice Tourre, 31, who it said was principally responsible for devising the deal and marketing the securities. The SEC said he now is executive director of Goldman Sachs International in London.
Tourre, the SEC said, boasted to a friend that he was able to put such deals together as the mortgage market was unraveling in early 2007.
In an email to a friend, he described himself as the fabulous Fab standing in the middle of all these complex, highly leveraged, exotic trades he created without necessarily understanding all of the implications of those monstrosities!!!
The SEC is seeking unspecified fines and restitution from Goldman Sachs and Tourre.
Asked why the SEC did not also pursue a case against Paulson, Enforcement Director Robert Khuzami said: It was Goldman that made the representations to investors. Paulson did not.
Paulson & Co. is run by John Paulson, who reaped billions by betting against subprime mortgage securities. He is not related to former Treasury Secretary Henry Paulson.
Goldman told investors that a third party, ACA Management LLC, had selected the pools of subprime mortgages it used to create what are known as synthetic collateralized debt obligations. But, the SEC alleges, Goldman misled investors by failing to disclose that Paulson & Co. also played a role in selecting the mortgage pools and stood to profit from their decline in value.
Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party, Khuzami said in a statement.
The SEC charges come after Goldman Sachs denied last week it bet against clients by selling them mortgage-backed securities while reducing its own exposure to them.
In an annual letter to shareholders, Goldman said it began reducing its exposure to the U.S. mortgage market in late 2006. It said it did so by selling mortgage investments or buying credit default swaps. The swaps are a form of insurance that pays out if the value of the underlying asset declines.
Those hedges, also known as short positions, served Goldman well. As the housing market began cratering and losses piled up for other big banks, Goldman suffered less damage. That led to criticism that the bank benefited at the expense of clients who bought mortgage-backed securities that became toxic. Goldman denied that.
Our short positions were not a bet against our clients, Goldman said in the letter. Rather, they served to offset our long positions. Our goal was, and is, to be in a position to make markets for our clients while managing our risk within prescribed limits.
In the letter, Goldman also rejected claims that it profited from the mortgage market meltdown.
AP Business Writers Alan Zibel in Washington and Stevenson Jacobs in New York contributed to this report.
