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To: Terry Maloney who wrote (254681)	8/7/2003 8:15:48 PM
From: UnBelievable	Read Replies (1) \| Respond to of 436258

New, Improved And More Lethal: Son Of Napalm If WMD are outlawed only outlaws will have WMD The Pentagon no longer officially uses the brand-name 'Napalm', but a similar sticky, inflammable substance known as 'fuel-gel mixture', contained in weapons called Mark-77 fire bombs, was dropped on Iraqi troops near the Iraq-Kuwait border at the start of the war. "I can confirm that Mark-77 fire bombs were used in that general area," Colonel Mike Daily of the US Marine Corps said. Colonel Daily said that US stocks of Vietnam-era napalm had been phased out, but that the fuel-gel mixture in the Mark-77s had "similar destructive characteristics." "Many folks (out of habit) refer to the Mark-77 as 'napalm' because its effect upon the target is remarkably similar," he said. On March 22nd, correspondent Lindsay Murdoch, who was travelling with the US Marines, had reported that napalm was used in an attack on Iraqi troops at Safwan Hill, near the Kuwait border. Murdoch's account was based on statements by two US Marine Corps officers on the ground. Lieutenant-Commander Jeff A. Davis, USN, Office of the Assistant Secretary for Defense (Public Affairs) had called Murdoch's story "patently false". "The US took napalm out of service in the 1970's. We completed the destruction of our last batch of napalm on April 4, 2001, and no longer maintain any stocks of napalm," Commander Davis told smh online. He was apparently referring to Vietnam-era Napalm-B, which consisted of inflammable fuel thickened with polystyrene and benzene. The inflammable fuel in Mark-77 fire bombs is thickened with slightly different chemicals, and is believed to contain oxidizers, which make it harder to extinguish than Napalm-B. Neither weapon technically contains napalm. The chemical mixture that became known as 'napalm' - a combination of naphthalene and palmitate - was used only in the earliest versions of the weapon. Napalm was banned by United Nations convention in 1980, but the US never signed the agreement. Use of Mark-77 fire bombs is considered legal by the US military. Ms. Toni McNeal, a spokesperson for Rock Island Arsenal, in Illinois, said the facility is currently producing a further 500 Mark-77s for the US Marine Corps. She said she did not consider the Mark-77s to be napalm bombs. But Mark-77s are referred to as 'napalm' in some current US inventories and public affairs documents. A US Navy public affairs document dated 22/10/99 says that the US Navy no longer uses napalm but "the US Marine Corps has a requirement and uses it at ranges at Yuma and Twenty-Nine Palms." Twenty-Nine Palms, in California, is the home base of some of the Marine Corps units that took part in the attack on Safwan Hill in Iraq. Captain Robert Crum, USMC, Public Affairs spokesman for Twenty-Nine Palms, said: "Mk 77s are not routinely used in training at 29 Palms. Yet it would be inappropriate to say that they are never - or never would be - used in training here. "The average young Marine may be unfamiliar with the technical nomenclature, and probably does refer to this munition by the vernacular 'napalm'." Napalm was banned by a United Nations convention in 1980, but the US never signed the agreement. The US military considers the use of Mark-77 weapons to be legal.

To: Terry Maloney who wrote (254681)	8/7/2003 8:21:27 PM
From: Pogeu Mahone	Respond to of 436258

August 08, 2003 Top NYSE man quits as his firm faces inquiry By James Doran, Wall Street Correspondent ROBERT MURPHY resigned as vice-chairman of the New York Stock Exchange last night after he repeatedly refused to hand over to regulators documents concerning an investigation into the Wall Street firm he runs. Mr Murphy was one of two vice-chairmen at the NYSE and is still chief executive of LaBranche & Company, one of the oldest member firms on the exchange. All seven of the NYSE “specialist” members have been under investigation since April when it was alleged that they routinely acted as middlemen in deals where they were not needed, thereby earning fees for unnecessary work. The NYSE has asked LaBranche & Company to hand over documents, including e-mails, to help with the inquiry. The firm has complied in part but has refused to hand over some e-mails, claiming that they were “personal”. A source close to the NYSE told The Times last night that Mr Murphy could not continue to sit on the board while the disagreement over the investigation continued. Michael LaBranche, chairman and joint chief executive of LaBranche & Company, believes that the firm is in compliance with the NYSE investigation and that the e-mails the firm will not hand over are family-related messages that the public has no right to see. He added that he has also suggested to the NYSE that an independent third party, such as a judge, should be able to peruse the e-mails to see if they warrant inclusion in the investigation. “We think our position on the e-mails is very reasonable. We think our offer of having a third party come in is a very good way to verify the messages.” Mr LaBranche was also a member of the NYSE nomination committee but stepped down in June.