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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: afrayem onigwecher who wrote (11477)4/5/2003 4:54:21 AM
From: ayn rand  Read Replies (1) | Respond to of 19428
 
NEAR BAGHDAD, Iraq (April 5) - Substantial numbers of coalition troops were near the center of Baghdad on Saturday and had no plans to pull back, a U.S. Central Command spokesman said.

``As of this morning, coalition forces are actually in the city of Baghdad,'' said Navy Capt. Frank Thorp. ``As we moved into the city, we saw sporadic fighting, we've actually moved through the Republican Guard divisions to pretty much the center of the city.''

``We have substantial forces now moving into the city,'' he said.

Asked if the U.S. Army's V Corps were on a probing mission, Thorp said, ``they're not coming out.''

``We're not softening them up,'' Lt. Gen. T. Michael Moseley said in a telephone interview with The Associated Press from his base in Saudi Arabia. ``We're destroying them.''

``We got bombed last night, and most of our tanks were destroyed,'' said one of the prisoners, speaking through an interpreter. He and the other prisoner had ditched their Guard uniforms for civilian clothes.

Between Kut and Baghdad, Marines reported that about 2,500 Republican Guards had surrendered.



To: afrayem onigwecher who wrote (11477)4/6/2003 7:50:55 AM
From: ayn rand  Respond to of 19428
 
NEAR KALAK, Iraq, April 5 — U.S. forces headed toward Iraqi lines on the road to the northern oil city of Mosul on Saturday, after a day of American air strikes on the area, a Reuters witness said.

Mosul is, with Kirkuk, one of two major oil cities in the north of Iraq, near the Kurdish-ruled zone which has been autonomous from the rest of Iraq since the 1991 Gulf War.

Both were seen as strategic targets for the U.S.-led coalition to oust President Saddam Hussein, but an early attempt to capture them was ruled out after Turkey refused to allow coalition forces to enter northern Iraq from its territory.

Last week, the Kurds made their Harir airstrip available, and northern operations have since been stepped up.



To: afrayem onigwecher who wrote (11477)4/8/2003 11:39:46 AM
From: StockDung  Read Replies (1) | Respond to of 19428
 
CSFB BLOODBATH

By ERIC MOSKOWITZ

April 8, 2003 --
Credit Suisse First Boston is laying off nearly 25 percent of its technology banking unit, The Post has learned.

About 25 of the group's 105 remaining bankers are to be put on the chopping block by the end of the month, because of the continuing drop-off in mergers and acquisitions and underwriting activity, sources said.

The group, sources said, is 50 percent behind internal projections for the year.

"These are the group's best people that are getting cut," said one source close to the firm. "But they shouldn't be surprised, because many of their former colleagues have been out surfing for the last 18 months."

CSFB officials declined comment.

Many of the layoffs are expected to be on the West Coast and in mergers and acquisitions.

The scale-back is the latest blow to the once-prized team of bankers and analysts who reported to ousted CSFB star tech banker Frank Quattrone.

Quattrone, who based his tech bank-within-a-bank in Palo Alto, Calif., was fired last month for declining to cooperate with NASD regulators.

He was later charged by NASD with manipulating the sale of once high-flying tech stocks.

CSFB CEO John Mack has been forced to make massive layoffs throughout the firm.

He is also about to hand over a check to states and regulators for $200 million to settle the probe into the firm's analyst conflicts of interest - after already handing over $100 million to settle IPO allegations last year.

Despite the cutbacks, CSFB is going out on a limb to prove it's still a factor in the tech biz.

Last week, the firm raised eyebrows by elbowing aside other major Wall Street firms - including Banc of America Securities, Goldman Sachs, Morgan Stanley and UBS Warburg - to solely manage a $750 million convertible bond deal for Yahoo! Inc.

The firm won the underwriting business by offering a better price to Yahoo! than its rival banks, making it a risky move. The terms of the deal were so aggressive that the word among market participants after the deal's pricing Friday was that CSFB may be stuck with most of the deal - meaning it could find itself up to $10 million to $30 million in the hole.

"I do believe this was a desperate attempt to generate activity subsequent to the loss of Quattrone," observed one market pro. "CSFB could've kept the whole [tech] department for this one trade."

CSFB fell to seventh in U.S. equity deals in the first quarter of 2003, down from fourth in the same period last year, according to Thomson Financial.

The firm did finish first in the dormant IPO market in the quarter, garnering a 39 percent global market share, CSFB said.

Overall, the entire CSFB unit - which minted profits during the bull market - reported a net loss of more than $1.2 billion last year.

"It's gone from boom to bust in tech there," said David Hendler, senior analyst at independent research firm CreditSights Inc. and a former CSFB equity analyst.

"These bankers are basically expensive overhead right now."

With Erica Copulsky and Jenny Anderson



To: afrayem onigwecher who wrote (11477)4/9/2003 1:09:02 PM
From: StockDung  Respond to of 19428
 
Heave-Ho i.a.cnn.net



To: afrayem onigwecher who wrote (11477)4/10/2003 10:58:24 AM
From: StockDung  Read Replies (1) | Respond to of 19428
 
5 Utahns Indicted for Tax Fraud Conspiracy

By Glen Warchol
The Salt Lake Tribune

A federal grand jury Wednesday indicted five Utah men for conspiracy to defraud the Internal Revenue Service of $5 million.
The indictment alleges David J. Orr, tax lawyers Michael N. Behunin and Todd R. Cannon and certified public accountants Lanny R. White and Max C. Lloyd operated businesses known as Advanta Strategies, World Contractual Services and Cornerstone West LLC.
The men promoted and sold a fraudulent trust scheme to more than 300 clients through seminars, promotional letters and the Internet, the indictment alleges. It alleges that the scheme, which charged clients substantial fees, began in 1993 and operated until December 2002.
The U.S. Attorney alleges the men misled victims by saying they could eliminate or substantially reduce their income tax liabilities by putting businesses, homes, investments and other assets in the names of trusts.
The men then had their clients file false and fraudulent tax returns that omitted all or nearly all of their income taxes owed, the indictment says. The clients were told not to report the trusts.
The indictment also says the defendants, by representing themselves as investment experts, fraudulently took $7 million from clients. The men sold the investments as safe and secure, when they were not.



To: afrayem onigwecher who wrote (11477)4/10/2003 2:22:34 PM
From: StockDung  Respond to of 19428
 
Marines hold nuclear site

By Carl Prine
TRIBUNE-REVIEW
Wednesday, April 9, 2003

SOUTH OF BAGHDAD — In a valley sculpted by man, between the palms and roses, lies a vast marble and steel city known as Al-Tuwaitha.

In the suburbs about 18 miles south of the capital's suburbs, this city comprises nearly 100 buildings — workshops, laboratories, cooling towers, nuclear reactors, libraries and barracks — that belong to the Iraqi Atomic Energy Commission.

Investigators Tuesday discovered that Al-Tuwaitha hides another city. This underground nexus of labs, warehouses, and bomb-proof offices was hidden from the public and, perhaps, International Atomic Energy Agency inspectors who combed the site just two months ago, until the U.S. Marine Corps Combat Engineers discovered it three days ago.

Today, the Marines hold it against enemy counter-attacks.



So far, Marine nuclear and intelligence experts have discovered 14 buildings that betray high levels of radiation. Some of the readings show nuclear residue too deadly for human occupation.

A few hundred meters outside the complex, where peasants say the "missile water" is stored in mammoth caverns, the Marine radiation detectors go "off the charts."

"It's amazing," said Chief Warrant Officer Darrin Flick, the battalion's nuclear, biological and chemical warfare specialist. "I went to the off-site storage buildings, and the rad detector went off the charts. Then I opened the steel door, and there were all these drums, many, many drums, of highly radioactive material."

To nuclear experts in the United States, the discovery of a subterranean complex is highly interesting, perhaps the atomic "smoking gun" intelligence agencies have been searching for as Operation Iraqi Freedom unfolds.

Last fall, they say, the Central Intelligence Agency prodded international inspectors to probe Al-Tuwaitha for weapons of mass destruction. The inspectors came away with nothing.

"They went through that site multiple times, but did they go underground? I never heard anything about that," said physicist David Albright, a former IAEA Action Team inspector in Iraq from 1992 to 1997. Officials at the IAEA could not be reached for comment.

"The Marines should be particularly careful because of those high readings. Three hours at levels like that and people begin to vomit. That leads me to wonder, if the readings are accurate, whether radioactive material was deliberately left there to expose people to dangerous levels.

"You couldn't do scientific work in levels like that. You would die."

Albright hopes the Marines safeguard any documents they find and preserve the site for analysis. That, say the Combat Engineers, is their mission.

Nestled in a bend in the Tigris River, Al-Tuwaitha was built in the early 1960s. Nuclear experts believe the government began Iraq's nuclear weapons program there between 1972 and 1976. Satellite imagery shows dramatic expansion at the site in the '70s, '80s and '90s, according to the Institute for Science and International Security.

Mindful of nuclear weapons inspectors, ISIS said the Iraqis developed methods to thwart them when they visited Al-Tuwaitha.

"Iraq developed procedures to limit access to these buildings by IAEA inspectors who had a right to inspect the fuel fabrication facility. On days when the inspectors were scheduled to visit, only the fuel fabrication rooms were open to them. Usually, employees were told to take their rooms so that the inspectors did not see an unusually large number of people," according to a 1999 report Albright wrote with Corey Gay and Khidhir Hamza for ISIS.

Hamza, an Iraqi nuclear engineer who defected from Iraq in 1994, testified before Congress last August that Iraq could have had nuclear weapons by 2005.

Yesterday, Hamza expressed great surprise that the underground site could even exist. The ground there is muddy and composed of clay, he said. The water table is barely a foot and a half below the surface of the ground. During construction of one of the former nuclear reactors there, French engineers spent a fortune pumping water from the foundation area, only to see buildings crumble when the water was removed.

Hamza said the French built a reactor at Al-Tuwaitha that Israel destroyed in 1981. The Russians built a reactor that was destroyed during the Gulf War. Both had the muddy ground to contend with.

So the Marine's discovery makes the former atomic inspector wonder if the Iraqis went to the colossal expense of pumping enough water to build the underground city because no reasonable inspector would think anything might be built underground there.

Nobody would expect it,” Hamza said. “Nobody would think twice about going back there.”

Despite being destroyed twice by bombings, Al-Tuwaitha nevertheless grew to become headquarters of the Iraqi nuclear program, with several research reactors, plutonium processors and uranium enrichment facilities bustling, according to the Federation of American Scientists.

"The plutonium processing was dispersed on-site by the bombing in 1991," said Michael Levi, the Federation's director. "But the Iraqis started to rebuild it. And they continued building there after 1998, when the Iraqis ended the inspections.

"I do not believe the latest round of inspections included anything underground, so anything you find underground would be very suspicious. It sounds absolutely amazing."

Outside the gates yesterday, children on donkeys dragged air conditioners from the area, part of the ongoing looting of government offices, Iraqi army forts and Baathist Party headquarters.

The nuclear scientists, engineers and technicians, housed in a plush neighborhood near the campus, have run away, along with Baathist party loyalists.

Farmers in rags drive the scientists' Mercedes and Land Rovers across Highway Six, filled with looted color televisions, silk rugs and Burberry suits.

That's where the Marines see the grand irony.

Amidst grinding poverty, where peasants eke an existence out of dust and river water, the Saddam Hussein regime built a lavish atomic weapons program. In a nation with some of the world's largest petroleum reserves, Saddam saw the need for nuclear energy.

"It's going to take some very smart people a very long time to sift through everything here," said Flick. "All this machinery. All this technology. They could do a lot of very bad things with all of this."

The mayor of this high-tech city is, for now, Capt. John Seegar, a combat engineer commander from Houston, Tx. He trudges up the 10-story hillocks hiding the campus from the surrounding villages and, crossing near a demolished mud bunker, it all opens up, gleaming and swaddled in roses.

"I've never seen anything like it, ever," said Seegar, who leads a company of combat engineers turned into combat grunts. "How did the world miss all of this? Why couldn't they see what was happening here?"

Seegar's biggest headache: Peasant looters, who keep cutting through the miles of barbed wire, no longer electrified because the war killed the power. He cradles in his arms blueprints in Arabic, showing recent construction, and maps in English, detailing which buildings test radioactive. Next to each, Seegar's placed an asterisk.

"Three weeks ago, the scientists seemed to have abandoned the complex," said Seegar. "That's what the villagers say. The place was protected by the Special Republic Guard, but they deserted it, too. Four days ago, everyone was gone. Then we came."

For him, Al-Tuwaitha is like a crime scene, and the next detectives on the atomic beat will be Army specialists.

Seegar promises to hold the nuclear site until international authorities can take over. His men hunker down in sandbag bunkers, sleepless, gripping machine guns.

Last night, they followed running gun and artillery battles on both sides of the complex, fought by U.S. Marines and soldiers against Iraqi Republican Guards and Fedayeen terrorists.

In the deserted edifices of Iraqi science, there is the omnipresent Saddam. Paintings show Saddam with scientists; Saddam with farmers; Saddam with soldiers. On the walls, Saddam's face. In the scrub surrounding the guard bunkers, murals of Saddam. There are books of Saddam sayings. Scientists' offices glitter with medals, from Saddam.

The offices underground, under unlit signs warning of "Gas/Gaz," are stuffed with videos and pictures, all showing how this complex was built, largely over the last four years after formal international inspections ended. The Marines haven't even mapped all the subterranean tunnels veining the site.

In an above-ground library built like a fortress with a beautiful alabaster marble now washed in dust and mud, the clocks stopped at ten minutes until one. The stacks, cool because of the marble, hold the scientific manuals, textbooks and published papers for the Iraqi intelligentsia.

In the commanding general's study, goldfish still swim in a long tank, glittering like the medals on his desk from Saddam.

"Peaceful Uses of Atomic Energy for Scientific and Economic Development," a bulky green tome published in 1975, leans against the general's wall, under a picture of Saddam, whose Baathist Party came to power four years later in a bloody coup.

On a mantle, folded under documents, a Christmas card never sent. On the front is a dove, its wings the ellipses of the atom, tinged in orange, yellow and green. Under it, a tiger, facing backward, its body a swirl of Arabic letters. Inside the card: "Rights of Third World Peoples To Alternate Energy Sources For the Future Development of Their Environment and Culture."

The next page: "Let Us Hope This New Year Will Be a Year of Peace and Justice and With All Good Wishes for Christmas and the New Year." Signed, Iraqi Atomic Energy Commission. Baghdad.

Carl Prine can be reached at cprine@tribweb.com.

Back to headlines



To: afrayem onigwecher who wrote (11477)4/15/2003 4:29:59 PM
From: StockDung  Respond to of 19428
 
GET SHORTY UPDATE:GMXX $1.64 -2.16 (-56.69 %)Volume: 473,400
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To: afrayem onigwecher who wrote (11477)4/27/2003 8:31:14 PM
From: StockDung  Read Replies (1) | Respond to of 19428
 
'SCAM' HITS HOME FOR VICTIMS

By GEORGETT ROBERTS and CYNTHIA R. FAGEN

April 27, 2003 -- Dozens of mostly working-class immigrants who say they were swindled in an investment scam marched outside the Brooklyn home of the company's founders yesterday and demanded their money back.
"These people have no conscience," said Jean Nelson, 67, a hotel housekeeper, who said she lost her life savings of $12,700 in an alleged scam run by Alfred Mills and Ann Alvarez, who operate A&A Global Resources.

Investors said they grew suspicious after they failed to see any return on their investments and did not even receive the quarterly statements they were promised.

"I feel angry and worried," said a woman who invested $14,000 for her daughter's college tuition.


"Now I don't know where to turn." She asked that her name not be used because, "I am so embarrassed."

The rally in front of the house at 78 Hemlock Ave. in the Highland Park section of Brooklyn was complete with chants and placards, including one that read, "Ann and Al make Saddam look like a saint."