Monday, December 10, 2012

The financial penalties include a $227 million forfeiture agreement

The Treasury Departmentsaid that Standard Chartered's practices from 2001 to 2007 interfered with the U.S. implementation of economic sanctions. When detailing transactions at its London offices, for example, the bank omitted or removed references to U.S.-sanctioned locations, effectively obscuring the fact that the funds originated from countries such as Iran, Libya and Sudan, the U.S. said.

The financial penalties include a $227 million forfeiture agreement with the U.S. Justice Department and a $100 million penalty by the Federal Reserve Board related to sanctions and anti-money-laundering violations. The settlement between Standard Chartered and the U.S. government includes a deferred prosecution deal between the company and the U.S. District Attorney for New York, which will result in the charges being dropped later if Standard Charter complies with the agreements. 



Wednesday, October 24, 2012

With the potential far greater than it was the last time Barnes was a Clipper

"In my career, it's never been anything like 'You're a starter' or 'You're the second guy off the bench,'" Barnessaid. "I've had to work with everything. I knew this is no different than that. Really, when I talked to Vinny [Del Negro], I just asked for an opportunity. I didn't need anything promised to me, I just needed the opportunity to compete and he's given me that. It's worked out well."

With the potential far greater than it was the last time Barnes was a Clipper, he sees one thing the team needs to really focus on in order to live up to expectations and be serious contenders.

"Play defense," Barnes said. "To me, it's play defense. With Chris at the point and in transition, our offense will be fine. If we commit to the defensive end and close that paint up and slow people down in transition and limit their threes, we're going to be hard to beat."



Monday, October 8, 2012

Greg Hochstedler, who owns the 160-acre Boondocks Farms

But despite a less brilliant landscape and lack of apples, she expected bustling fall business in an area often called the "Art Coast of Michigan" because of Saugatuck and Douglas' art galleries, shopping and bed and breakfast inns along Lake Michigan.

"I don't think it's going affect our business at all, but it always adds to it if there's really beautiful foliage," Fairchild said.

Others in the industry took steps to ensure their fall seasons weren't a total loss.

Greg Hochstedler, who owns the 160-acre Boondocks Farms about 30 miles east of Indianapolis, canceled his corn maze this year because the June planting time coincided with sweltering 100-degree days and the worst drought in decades.

"It was too dry, too dusty. It would have been a waste of seed," Hochstedler said.



Friday, September 21, 2012

Gordon, who heads into the race Sunday ranked 12th in the Sprint Cup standings

Gordon, who heads into the race Sunday ranked 12th in the Sprint Cup standings, ran a lap at 134.911 mph in qualifying Friday. Busch was second, at 134.753 mph, and defending series champion Tony Stewart was third.

''We'll have a good pit spot and hopefully we can keep that track position all day and not have to beat our car up trying to get up there,'' Stewartsaid.

Gordon, who barely qualified for the Chase, is hoping a strong finish in New Hampshire will help him overcome a 35th-place finish in Chicago, when he hit the wall with about 80 laps to go. He was the only one of the 12 Chase drivers who didn't finish in the top 18.



Tuesday, August 21, 2012

Pierre-Paul, who outweighs Amukamara by roughly 70 pounds

Pierre-Paul, who outweighs Amukamara by roughly 70 pounds, offered only the slightest of apologies for the incident.

"It was a little something that happens in here, and it got leaked out," Pierre-Paulsaid. "I'm not embarrassed [by] it. We're all family in this locker room. I feel like me and Prince, we're cool. All the guys that were on there were cool It was just fun and games, and the media took it out of proportion."

Pierre-Paul didn't apologize to Amukamara, and the Giants' star pass-rusher didn't sound as if he had any plans to do so, either.



Tuesday, August 7, 2012

Liu came to London with injuries hanging over him

On China's Central Television, commentator Yang Jian cried out when Liu fell during the live broadcast. "He is ending the London Games in the cruelest way you can imagine," said Yang, who began to choke up.

"Liu Xiang is a warrior," Yang said.

Liu came to London with injuries hanging over him, and his Chinese fans cheered with more caution about getting their hopes too high.

His fall nevertheless shocked and saddened supporters, who were posting crying emoticon faces on the microblogging site Sina Weibo, where the topic was trending.

A top CommunistParty official phoned Liu in London to show the country's support for him, the official Xinhua news Agency reported Wednesday.



Friday, July 13, 2012

Foster committed to the Crimson Tide

Foster, a five-star inside linebacker, announced his decision in the cafeteria of his high school. Foster previously starred at Troup County High in LaGrange, Ga., before his head coach was fired at the end of the school year. In August, he crossed both state and enemy lines by transferring to Auburn High School, a stone's throw from the Auburn University campus.
Foster committed to the Crimson Tide last July and maintained he was 100 percent with Alabama -- until now. In front of a room with plenty of Auburn supporters, Foster held up his daughter, A'Ziya, and unzipped her sweatsuit to reveal an Auburn Tigers cheerleading uniform underneath. He then put an Auburn hat on, posed for photos and made his verbal commitment official.


Saturday, June 30, 2012

Philadelphia's Dion Waiters was chosen too high

A number of draft pundits have suggested that South Philadelphia's Dion Waiters was chosen too high. The Syracuse sophomore, who played his final two high school seasons at Burlington's Life Center, was taken No. 4 by the Cleveland Cavaliers.

Too high? Not for the Cavs.

"I think we got a steal," coach Byron Scott told the media on draft night."

This is the second year the Cavs picked a player at No. 4 who was projected by mock draftologists to go lower. Last year it was 6-9 Texas freshman Tristan Thompson, who averaged 8.2 points in 23.7 minutes for the Cavs.



Monday, June 18, 2012

Woods, who would finish 7-over par and six shots

Woods, who would finish 7-over par and six shots off the winning score, immediately played himself out of contention, playing bogey golf early on. He was 6-over par on his first six holes and 10-over for the tournament, 11 shots out of the lead.

Meanwhile, up ahead of Woods playing the back nine was Mickelson, who never got it going all week — a week that began with Mickelson losing a ball on his first tee shot Thursday. That ended being a foreshadowing of things to come for his week.

"It was a challenging test,'' Mickelson said. "I didn't play well. If you played anything less than perfect golf it was extremely penalizing … and I played far from perfect.''






Wednesday, April 25, 2012

Guardiola was left wondering whether luck was simply

Guardiola was left wondering whether luck was simply against the club following a spectacular run of success that has brought 13 trophies since he took over in 2008.

"I have a feeling that sometimes football is like this. To be honest, I just think that this year was not our turn. This year, it seems like we couldn't do it and that's it.

"I am sorry if I am not very clear but I have a lot of emotions inside right now. Maybe in time I will see things more clearly. I don't even know how I feel really. I don't know what to tell the players about why they are not in the final Yes we are sad but it's not our saddest night."




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Wednesday, April 11, 2012

The decision on whether to charge Zimmerman

"I can tell you we did not come to this decision lightly," Corey told a news conference in Jacksonville.

"Let me emphasize that we do not prosecute by public pressure or by petition. We prosecute based on the facts of any given case as well as the laws of the state of Florida."

The decision on whether to charge Zimmerman, for the death of Martin, 17, had rested with Corey since she was appointed by Florida's governor on March 22.

The firestorm of protests forced Sanford's police chief to step aside and the regularly assigned prosecutor to remove himself from the case on March 22, leading to Corey's appointment.



Monday, March 26, 2012

O'Brien's philosophy entering the spring with his new team

Enter O'Brien, who led one of the NFL's best attacks last season as offensive coordinator of the New England Patriots and instructed a future Hall of Fame quarterback in Tom Brady.
O'Brien's philosophy entering the spring with his new team, one he has expressed often since being hired to succeed Paterno on Jan. 6, is that every job is open.
"It's a clean slate for everybody in this program," he said.
That means Matt McGloin, Rob Bolden, and Paul Jones all will get a chance to be No. 1.

Sunday, March 18, 2012

Fisher had made no public statements since his surprising trade

Fisher had made no public statements since his surprising trade from the franchise he'd won five championships with. Lakers general manager Mitch Kupchak admitted that he hadn't given Fisher or his representatives a heads up that a trade was in the works, and that he understood if he was "emotional" over the situation.

"He may have caught wind of the rumor a day or two ago, but there was no heads up given," Kupchak said on Thursday. "It's not necessary, because a lot of times there's nothing to the rumors. How many times was one of our players traded in the last 10 days and it never took place? So you can't spend your time dispelling or confirming rumors.