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Source: http://forums.mmaweekly.com/showthread.php?58040-Burgos-v-Amidu-Gonzales-v-Dos-Santos&goto=newpost
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I think the last three recruiting class are going to be good ones and we are about to see the likes of Westerkamp, Moore etc....
It is a bit of a mystery to me too....as the D there is so many unknowns on....and I agree this unknown is exciting....because I think the speed and athletic ability of the new guys has me intrigued and hopeful....
Agree....a great season would jump start a lot of things for this team....
We are on the same page...
Believe me, I'm pretty excited for the season. Certainly more than I was last year, as I generally have faith that we how have some solid building blocks ready to be put in place. And this season is just a big mystery to me. Much more than I can remember in awhile. A lot of things could happen in 2013 -- good and bad. Maybe we are all in for a pleasant surprise. Maybe not. But the unknown does interest and excite me. I personally would like to see 2013 give me even greater hope for 2014 and beyond.
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By Tommy Wilkes
LONDON (Reuters) - Two former brokers, who appeared in court on Friday on fraud charges, conspired with employees at UBS, HSBC, Rabobank, Citi and Tullett Prebon to manipulate Libor rates, prosecutors alleged in court documents.
Terry Farr, 41, and 48-year old James Gilmour, former staff at UK interbroker dealer RP Martin, are accused of conspiracy to defraud along with former Citi and UBS trader Tom Hayes.
The two men, arrested last December alongside Hayes, are the first brokers to face criminal action in connection with a global investigation into the Libor interest rate rigging scandal.
A central cog in the world financial system, the London interbank offered rate (Libor) is used as a price reference for hundreds of trillions of dollars worth of contracts, ranging from complex derivatives to everyday credit card bills.
The scandal has sparked public and political outrage and laid bare the failure of authorities and bank bosses to spot the manipulation.
So far, regulators have fined Britain's Barclays, Switzerland's UBS and Royal Bank of Scotland a total of $2.6 billion (1.7 billion pounds) and prosecutors have charged four men.
Hayes, Gilmour and Farr are the first to face court. The fourth suspect, Roger Darin, was charged by U.S. prosecutors last December. He is currently in Switzerland.
The case against the two men, who both live in the southeastern English county of Essex, will increase scrutiny of the role played in the scandal by interdealer brokers, who act as middlemen between the buyers and sellers of financial securities such as bonds, currencies or interest rate swaps.
Farr, dressed in a dark suit and tie, and Gilmour, dressed in an open neck white shirt, sat in the dock in London's Westminster Magistrates Court and spoke only to confirm their names and addresses and their bail conditions.
The two were granted bail until July 30, when their case will be transferred for a hearing to the higher Southwark Crown Court. They were told not to contact each other or Hayes, and they gave no indication of how they would plead.
Citi and UBS declined to comment. HSBC, Tullett Prebon and Rabobank did not immediately respond to requests for comment.
(Additional reporting by Kirstin Ridley; Editing by Carmel Crimmins and David Cowell)
Source: http://news.yahoo.com/former-brokers-court-libor-fraud-charges-095144181.html
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Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/vAuLSjFEeYA/130719135707.htm
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By Jessica Dye
(Reuters) - The government can pursue "enhanced" penalties from Houston-based defense contractor KBR Inc over allegations that employees took kickbacks involving military contracts in Iraq, Afghanistan and Kuwait, a federal appeals court ruled on Friday.
The U.S. Circuit Court of Appeals for the Fifth Circuit ruling reinstates the government's civil claim against KBR in connection with employees' alleged violations of the Anti-Kickback Act, a law that bars government contractors and subcontractors from using bribes to influence awards.
In 2010, the U.S. government joined a whistleblower lawsuit alleging that employees in KBR's transportation department accepted bribes in the form of meals, gifts and entertainment, from companies seeking to secure subcontracts with KBR to transport military goods around the globe.
The government sued under a section of the Anti-Kickback Act that allows it to recover enhanced penalties for "knowing" violations of the law. Under that law, judges can impose civil penalties equal to twice the amount of each kickback, and up to $11,000 for each occurrence of the prohibited conduct.
The government's suit alleged KBR employees took 317 separate kickbacks with a total value of roughly $46,000, according to court filings.
KBR argued that it could not be penalized for its employees' actions, and that the U.S. government had not shown that the employees acted to benefit KBR. A federal judge in Texas dismissed the government's claim in 2011.
The U.S. appealed, and on Friday, the U.S. Circuit Court of Appeals for the Fifth Circuit reversed the lower court and said that KBR could be found vicariously liable for its employees' conduct under the anti-kickback law. It did not address the merits of the government's case.
Representatives for the Justice Department and KBR did not immediately return requests for comment Friday evening.
A former supervisor in KBR's transportation department, Robert Bennett, pleaded guilty in 2008 to accepting perks on at least 40 occasions in connection with the military contracts. Kevin Smoot, an employee at subcontractor EGL Inc, pleaded guilty in 2007 to lying to federal investigators and giving kickbacks to KBR employees, including Bennett.
(Reporting by Jessica Dye in New York; Editing by Eric Beech)
Source: http://news.yahoo.com/kbr-must-face-u-lawsuit-over-alleged-kickbacks-003938973.html
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The Senate confirmed President Obama?s nominees to head the Labor Department and the Environmental Protection Agency Thursday, clearing the decks of the controversial nominees that had threatened to push the Senate into a parliamentary meltdown just two days ago.
Thomas Perez was confirmed to be Labor Department secretary on a 54-46 party-line vote after having barely survived a GOP filibuster a day earlier. Meanwhile, Gina McCarthy was confirmed to be EPA administrator on a 59-40 vote.
If all Republicans who voted against Mr. Perez had decided to filibuster, they could have blocked his nomination. But thanks to a deal reached on Tuesday, some Republican senators agreed to let the nominees go through in exchange for Democrats agreeing not to use a parliamentary short cut to rewrite the rules and end the chance the minority to filibuster executive branch nominees in the future.
?As we all saw this week, the Senate came together. We talked to each other, we made bipartisan progress, and we were able to reduce the gridlock and approve President Obama?s nominees, and that was a very, very positive step forward for all of us,? said Sen. Patty Murray, Washington Democrat.
Republicans had blocked Ms. McCarthy for months as they sought to force the EPA to agree to more transparency. The agency has been accused of failing to keep electronic records such as emails, and several former officials used private email accounts to conduct agency business.
But while some lawmakers has personal reservations about Ms. McCarthy, a longtime top EPA official, most who voted against her said they were really sending a signal to Mr. Obama to rein in the agency.
?My fight is with President Obama and the EPA, the regulatory agency that has consistently placed unreasonable regulations and unobtainable standards on energy production, rather than focus on efforts to develop a domestic all-of-the-above energy strategy for the future,? said Sen. Joe Manchin III, a Democrat from West Virginia, a coal-producing state where the EPA is often viewed as a hindrance to economic development.
For Republicans, though, Mr. Perez was even more controversial. They accused him of lying, of obstructing a congressional investigation and of putting his ideology ahead of the law in his tenure leading the Justice Department?s civil rights division.
?Based on the evidence, Tom Perez is more than just some left-wing ideologue ? he?s a left-wing ideologue who appears perfectly willing to bend the rules to achieve his ends,? said Senate Minority Leader Mitch McConnell.
Hispanic groups had made the confirmation of Mr. Perez, the son of Dominican immigrants, a top priority, saying he would be a good addition to Mr. Obama?s Cabinet. Now they have turned their attention to the next major opening for the top job at the Homeland Security Department, where Secretary Janet Napolitano is on the way out.
The National Association of Latino Elected and Appointed Officials said Mr. Obama should ?act swiftly to ensure his Cabinet is fully representative of the diversity of this great nation by nominating a high-level Latino candidate.?
The Senate has now confirmed four of the seven nominees who Democrats had said must be approved in order to prevent them from using the so-called ?nuclear option,? a parliamentary tactic to change the Senate?s operating rules in mid-session and limit filibusters.
As part of that deal, Mr. Obama has withdrawn two other nominees he made to the National Labor Relations Board, and replaced them with two new NLRB appointments.
The two withdrawn names were controversial because Mr. Obama had used his recess powers to appoint them earlier last year, but federal appeals courts have called those nominees into question, saying the president violated the Constitution in making the appointments.
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