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Face to Face looks at structures of indifference that continue to devalue

first_imgFace to FaceTen years after the death of Brian Sinclair, Canada’s institutions continue to fail Indigenous people “by undermining and devaluing Indigenous life” argue co-authors of a new book.“Structures of Indifference: An Indigenous Life and Death in a Canadian City” is a book about the life and death of Brian Sinclair.Co-authors and history professors, Mary Jane Logan McCallum and Adele Perry join Host Dennis Ward on Face to Face to discuss the book and the ongoing history of colonialism and Indigenous people’s relationship to it.“This story of a person who by all accounts did the right things” says co-author Adele Perry. “And yet he was repeatedly left in circumstances that ultimately led to his death.”Sinclair died in September 2008 of a treatable bladder infection after he was left untreated for 34 hours in a Winnipeg emergency room.“We have these histories of colonialism and racism and racial segregation in our systems that we are inheriting,” says co-author McCallum.“We see the end result of over and over again, whereby these deaths of these individuals get kind of normalized and then kind of condoned by the state.  It becomes something that’s natural and something that we expect.”During the writing of the book, the history professors believe there was a “moment of heightened visibility of anti-Indigenous racism, injustice and marginalization.”“Conversations were happening in a kind of a meaningful and genuine way and then following that we have this spate of incidents that kind of remind us that the world we live in still works in ways that as it very much did with Mr. Sinclair, devalues Indigenous peoples lives” says Perry referring to the recent high profile criminal trials.dward@aptn.ca@denniswardnewslast_img read more

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Rogers mistakenly posts high level financial data online then removes it

TORONTO — Rogers Communications Inc. has removed some “high level” financial information from one of its websites after it was accidentally posted there by an employee.A Rogers’ spokeswoman says the financial information, which included annual revenues, was not related to its upcoming fourth-quarter financial results.The information was briefly posted and removed last week from the website of Rogers Ventures Partners, which invests in technology startups.Rogers says the information also included the size and the scope of the Toronto telecom company.It included annual revenue in specific divisions of the company “rounded up to hundreds of millions of dollars.”Rogers wouldn’t say if the employee was disciplined, adding that it does not comment on human resources matters.“The appropriate action would have been taken with the employee,” spokeswoman Patricia Trott said Wednesday from Toronto.“The employee posted some very broad-based, high-level annual information on the Rogers Ventures’ website,” Trott said.“The information is not material to our upcoming earnings, but in the spirit of being prudent and cautious, we removed the information from the site.”Rogers plans to announce its fourth-quarter earnings for fiscal 2012 this Friday.The Canadian Press read more

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New UN report finds huge inequalities in global mental health services calls

According to the World Health Organization’s (WHO) Mental Health Atlas 2014, on average, globally, there is less than one mental health worker per 10,000 people – a number which falls below one per 100,000 people in low and middle-income countries. Against that backdrop, global spending on mental health remains very low as low- and middle- income countries spend less than $2 per capita per year on mental health. High-income countries, in comparison, spend more than $50. The WHO notes that the crisis is further compounded by the dramatic number of people reportedly suffering from mental health disorders which, the report says, amounts to nearly one in 10 people worldwide. “Huge inequalities in access to mental health services exist depending on where people live,” the WHO confirmed in a note to the media issued earlier this morning. “Nearly half of the world’s population lives in a country where there is less than one psychiatrist per 100,000 people.”The Mental Health Atlas does point out that many countries are, in fact, making progress on policy- and law-making for mental health which, the WHO says, provide “the bedrock for good governance and service development.” At the same time, however, most of the policies and laws are not fully in line with international human rights instruments and suffer from weak implementation.Today’s release of the report – the fourth and latest edition of the WHO’s initiative to measure progress in mental health around the world – follows the UN agency’s 2013 launch of the Comprehensive Mental Health Action Plan 2013-2020 which sets out four objectives including strengthening leadership and governance for mental health; providing comprehensive mental health and social care services in community-based settings; implementing strategies to promote and prevent mental health; and strengthening information systems, evidence and research. read more

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Commentary The curious polarizing case of Ohio State mens basketballs Aaron Craft

Did Aaron Craft really wave him off?It’s been three days and I’m still having trouble wrapping my head around the junior guard’s last-second heroics to drop Iowa State and send the Ohio State basketball team to the Sweet 16.In the process he waved off Deshaun Thomas, the best scorer in the nation’s best conference and a 35 percent 3-point shooter, as he cut to the top of the arc.He also ignored the waving arms of Lenzelle Smith Jr., who was unguarded in the opposite corner and shoots 38 percent from the 3-point line.Craft, a 30 percent 3-point shooter who missed two crucial free throws just moments earlier, did all of this to take a contested 3-pointer with a bigger, slower defender on him.But it went in. Of course it went in.Buckeye Nation and the thousands who picked the Buckeyes to advance in their bracket pools rejoiced.But there were also many folks in Ann Arbor, Mich., and Champaign, Ill., and Bloomington, Ind., and other various cities across the country who rolled their eyes.“Why did Aaron Craft have to make it?” they thought. “I hate Aaron Craft.”That’s been the narrative when it comes to Craft for a while now. You either love him or you hate him.As Arizona coach Sean Miller, who will face Craft and the Buckeyes in the Sweet 16 Thursday, said Monday, Craft “has that Tim Tebow quality.”“Tebow, at Florida, it wasn’t just his performance on the field, but who he was as a person, the leadership that he provided, the competitive spirit he embodied. It seemed to spread through Florida’s football team, and Aaron Craft does the same thing for Ohio State basketball.”Now, let’s make one thing clear here. Tebow, the current New York Jets quarterback and former Florida Gator, is one of the best college football players of his generation (though not so much in the NFL). I’m not convinced Craft is one of the best 20 players in college basketball this year.But what Craft and Tebow do have in common are their spotless images and their effect on observers of the sport. There’s a large portion of America that loves guys that work too hard, achieve more than they probably should and above all, win. There’s also a large portion of America that thinks Craft and Tebow are arrogant.Craft’s popularity, though, is skyrocketing. He’s been a popular figure in Columbus since his freshman year, but with the aid of March Madness’ spotlight, he’s becoming a national name, too.It’s Craft who’s the face of the OSU basketball program, not Thomas, the potent scorer, or Thad Matta, the coach who’s led the Buckeyes to the Sweet 16 for the fourth consecutive year.Thanks in large part to his clutch shot Sunday, Craft’s name was buzzing on the Internet. His name was trending on Twitter, and he was one of the seven search items Google identified as trending on Sunday in the United States.What those who punched his name into a search engine probably found was the information about his near-perfect GPA, his medical school aspirations and maybe even the “Cosmopolitan Magazine” article that named him one of the “hottest” guys of the NCAA Tournament.Craft, like Tebow, has worked his way into national relevance. More and more people know who he is for more reasons than just basketball.The fact is Craft is different than everybody else. The way he plays the game is different, the way he reacts to big plays is different (he hardly showed emotion after he hit his big shot Sunday), and frankly, the way he looks (rosy cheeks included) is different.Because he’s different and because he’s relevant, we feel the need to classify him. Some love him. Some hate him.I’m sure Iowa State’s classification of Craft is closer to the latter. If that’s the case with Arizona after the game Thursday, something tells me Craft won’t be too upset. read more

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Schmeichel eyes a role at Man United as director of football

first_imgPeter Schmeichel is considering a return to Manchester United by putting forward his name for consideration in regards to a potential director of football roleUnder new interim coach Ole Gunnar Solskjaer, United cruised to a convincing 5-1 win at Cardiff City on Saturday in the Premier League.Now the Red Devils are expected to restart their search for a director of football, which was allegedly put on hold by Jose Mourinho before he was fired last week.Schmeichel, who’s been relatively inactive in football since retiring in 2003, has now suggested that he could apply for the proposed role at Old Trafford.“I’m actually thinking about putting my name in there,” Schmeichel told BBC Radio 5 Live.“I really want to get involved in football again at some point. I know I’m getting older, but my life has just turned out a different way after I retired from football.“What’s really important is to get the United culture and identity back.harry maguire, manchester UnitedMaguire says United need to build on today’s win George Patchias – September 14, 2019 Harry Maguire wants his United teammates to build on the victory over Leicester City.During the summer, Harry Maguire was referred to as the ultimate…“I would like to see [the job go to] someone who has played there, and can bring some of that Alex Ferguson mentality back in the whole of the football club.“I’m considering if I have the qualities, and if I come up to an answer to that question, then I will put my name in the hat.“I’ll have a good think about this over Christmas and make a decision about it.”Schmeichel made 398 appearances in goal for United across an eight-year spell between 1991 to 1999.The Dane won five Premier League titles, three FA Cups, a Football League Cup and the Champions League at Old Trafford.He also gave his views on Paul Pogba’s situation at United now that Mourinho has left the club.last_img read more

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Woman stands accused of pimping 18yearold

first_imgAn alleged pimp was arraigned Friday on a charge of second-degree promoting prostitution.Darcy D. Thomas, 40, is scheduled to go to trial Nov. 19.She was among 14 people arrested Nov. 5 during a nationwide sting sponsored by the FBI to crack down on sex trafficking throughout the United States.Police said the Vancouver woman allegedly posted a classified advertisement of an 18-year-old girl, which was answered by an undercover officer. Thomas allegedly then took the girl to the sting house. Thomas later denied any involvement in the case.Meanwhile, three men accused of being pimps were exonerated while prosecutors ask for follow-up investigation from police.last_img read more

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BMW Garmisch concept recreates a missing link at Villa dEste

first_img Classic Cars Luxury cars Coupes 69 Photos BMW Friday, on the monied shores of Northern Italy’s Lake Como, BMW revealed a particularly unusual and striking new concept car to the media ahead of the region’s ultra-posh Concorso D’Eleganza Villa D’Este classic car show. Yes, the coupe seen here is indeed a brand-new car, it just doesn’t look like it. It’s a painstaking recreation of a somewhat obscure 1970 Geneva Motor Show showcar that ended up having a surprisingly large impact on the company. Known as the BMW Garmisch, this champagne-colored recreation is an unconventional and surprising development from the German luxury automaker for many reasons. The car is a dramatic rebirth of the original 1979 2002 ti Garmisch Coupe concept, an independent proposal from Italian design house Bertone that few remember — a one-off car whose fate has been lost to the fog of time.  Here’s the moment the @BMW Garmisch rolled out at #VilladEste. It even sounds right out of 1970, because even though it’s new, it basically is. Impressive in person. Can’t imagine the hours and heart that went into this project, or how much work it took to get a green light. pic.twitter.com/2VjMJ58doN— Chris Paukert (@CPAutoScribe) May 24, 2019 Named for a once-prominent upper-crust German ski village that played host to the 1936 Winter Olympics, the Garmisch coupe’s slim bodyform and airy greenhouse stand at odds not just with most modern cars, but with BMW’s current range, which has adopted more imposing features and proportions. Barring its unusually angular and oversize interpretation (for the era) of BMW’s trademark twin-kidney grille, there aren’t many visual cues to link the Garmisch to models you can see in BMW showrooms today. But that doesn’t mean this four-seat coupe doesn’t feature prominently in the company’s design history. Not everyone will consider this car to be particularly beautiful, but it also doesn’t take great effort to see how this Bertone design’s proportions and details helped inform the 1972 E12 5 Series sedan and the 1976 E24 6 Series that followed. Both of those cars are considered all-time classics.Enlarge ImageNote not just the vertical stereo and the vanity glove box, but also how thin the windshield pillars are. BMW In a very real way, the Garmisch is a missing link, a critical strand of design DNA that was once lost, but is now restored. As such, this coupe is a reminder of the company’s past more than its likely future, and that, in itself makes the Garmisch’s revival that much more unlikely, but no less wonderful. How unlikely? After discovering and studying a vintage photo of the original car, “I never really got it out of my head,” Adrian van Hooydonk, BMW Group’s head of design, noted in an official statement. In 2018, van Hooydonk approached the car’s original designer, Marcello Gandini, about recreating the Garmisch, and even he was surprised. “Of course, we did not want to do this without Mr. Gandini. I told him about our idea to bring back the BMW Garmisch. He thought it was a little bit crazy, but he liked it,” said van Hooydonk. (Now age 80, Gandini is perhaps best known as the Father of The Wedge, including landmark concepts like the Lancia Stratos Zero as well as production designs like the Lamborghini Countach and the Miura before it, itself arguably the world’s first supercar). bmw-garmisch-2019-12Enlarge ImageCrash testing means we no longer get gloriously airy greenhouses like this anymore. BMW This recreation was a particularly ambitious project, if only because there was so little to base the new car on. BMW Group Design had to work with historians at BMW Group Classic and Marcello Gandini himself to piece the design back together. The company used “the latest 3D modeling technologies to revive and specify the original structures and shapes,” and in a nice touch, like the original car some 50 years ago, this new one was hand-assembled in Turin by master craftsmen.BMW has a history of launching a special series of concept cars and motorcycles at Villa D’Este, but historically, they’ve been modern reinterpretations of classic models. Among the most prominent have been the M1 Hommage mid-engined sports car concept revealed in 2008, and more recently, the 2016 BMW 2002 Hommage coupe. This Garmisch, though, is something different, mostly because it isn’t different — BMW set out to execute a straight recreation of the original car. There are a number of fascinating period details to the car, including the almost boat-like upturned shark nose and shrouded headlamps, as well as those oh-so-Seventies rear window louvers done up in Gandini’s favorite honeycomb motif. bmw-garmisch-2019-11Enlarge ImageThe rear is arguably Garmisch’s least interesting view, but there’s still clever detailing, especially the backlight’s honeycomb louvers.  BMW The Garmisch’s cabin is no less interesting, incorporating a thin-rimmed four-spoke steering wheel and a vertically oriented radio mounted just ahead of the manual gearshift. Ahead of the passenger, you can’t help but notice the oversize drawer-style glove box with a large mirror mounted to the lid. The original 1970 Garmisch showcar was built in four months atop a production 2002 coupe, a car that itself has become a pillar in BMW lore. For this new one, BMW was able to source a 2002 to form the basis, as well. The automaker isn’t detailing if the car has any non-standard powertrain features, and in truth, the company isn’t sharing much about what’s under the Garmisch’s skin at all. This car is all about the design, and that’s just fine by us.So, how close is this car to the original Garmisch? “Having seen the final car, it is hard for me to even distinguish it from the original,” said Gandini. 2019 BMW X5 xDrive50i review: A potent and tech-rich SUV Comments 2 2020 BMW 7 Series first drive: Travel comfortably and carry a big grille Over its century-plus-history, BMW has authored as deep a bench of seminal road cars and concepts as any automaker you can name, yet that they’ve chosen to pluck this Marcello Gandini-penned coupe and give it new life is a telling choice, even if it seems a bit odd on the surface. This coupe is quite a remarkable story, and not just because in today’s car industry, where pursestrings are tightly clutched and SUVs rule, precious few automakers invest in recreations at all. It’s remarkable because it was recreated using little more than ephemera — a smattering of period photos (mostly black and white) plus a few documents were all BMW had to go on as it was attempting to scratch-build a new one. More on this in a moment.  BMW Garmisch concept recreation wows at Villa d’Este More From Roadshow Share your voice 2019 BMW X7 first drive: Big-time Bavarian Tags BMWlast_img read more

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APD Implements New CrimeTracking Systems

first_imgThe Anchorage Police Department is using two new systems to communicate with the public about crimes in the city. One is a crime mapping system and the other allows city residents to receive messages directly from the department.Download Audiolast_img

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Juneau students take part in national student walkout protesting gun violence

first_imgStudents wave signs at a student walkout protest at the Alaska State Capitol building in Juneau on Wednesday, March 14, 2018. (Photo by Mikko Wilson/KTOO)Juneau high school students took part in Wednesday’s national walkout calling for action on gun violence.Listen nowMore than a hundred Juneau-Douglas High School students walked out of class and marched to the state Capitol building Wednesday morning to call on legislators to take action on gun violence in schools.Senior Theo Houck led the march up to the Capitol building and encouraged students to continue making their voices heard.“Above us right now are our legislators, our governor, our lieutenant governor, the people who will make these final decisions,” Houck told the students and adults gathered. “So let’s let them hear us. Who are we?”“Alaskan students!”“What do we want?”“We want to live!”Gov. Bill Walker and Lt. Gov. Byron Mallott were also in the crowd, and applauded as students spoke. Many legislators also attended.“Too many lives have been lost because of our country’s lack of progress in fighting gun violence,” sophomore Katie McKenna said. She called for an end to the “thoughts and prayers” politicians routinely share after school shootings.Lt. Gov. Byron Mallott, second from left, and Gov. Bill Walker, center, applaud at a student walkout protest at the Alaska State Capitol building in Juneau on Wednesday, March 14, 2018. (Photo by Mikko Wilson/KTOO)Teenage survivors of the Parkland, Florida, school shooting have called on lawmakers to cut ties with the National Rifle Association and for stricter gun laws. In Juneau, the student organizers said their protest was not meant to advocate any specific political platform, but McKenna did call for teens to take action and register to vote in the November midterm election.“Alaska legislators, we urge you to look at your colleagues around the country who are moving gun legislation forward and follow suit,” McKenna said. “We are watching, and if you don’t act for the sake of our safety, you will be voted out by our generation. When leaders act like children and children act like leaders, you know change is coming.”Across town a little over a year ago, police investigated reported threats by a student at Thunder Mountain High School. Dozens of students there also walked out Wednesday and remained outside for 17 minutes in honor of the 17 killed at Marjory Stoneman Douglas High School in Parkland.Hilary Rehfield-Green, a survivor of the Route 91 Harvest Festival shooting in Las Vegas last October, joined about 50 students at TM and encouraged them to continue their activism for policy change. She said students spoke as well and they took photos to pass along to survivors of the Parkland and Las Vegas shootings.“What I saw today was a group of students who had a purpose,” Rehfield-Green said. “They followed through with their intent on that purpose and then they returned to their responsibilities as students and I’m just really proud of them for making that a respectful and responsible choice.”Walking back to school from the Capitol, Juneau-Douglas sophomore Molly Minick said students feel fear every time they hear about another shooting or take part in an active shooter drill at school.“Today was actually Spirit Week and it was Future Careers Day, so we’re out here representing who we want to be when we’re older,” Minick said. “And if we’re dead tomorrow, we’ll never get to do that.”After returning to the school campus, JD students gathered on the turf field for a moment of silence for victims of gun violence. As it ended, Houck spoke up again.“I don’t want to ever have to do that again, and I know you guys don’t either. But we probably will,” Houck said. “But it’s things like this, students like us, that are gonna change that. So that there isn’t another student killed at school. And we can use this turf to, like, play soccer and stuff.”All told, students at JD missed about an hour of school and TM students were outside for about half an hour. The district said beforehand that normal consequences would apply for any unexcused absences during the walkout.last_img read more

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Rohingya crisis growing more support needed World Bank

first_imgThe Rohingya crisis in Bangladesh is growing at a rapid pace and there is an urgent need to support the host communities to cope with the influx and to help the refugees who are extremely vulnerable, said the World Bank on Saturday.After visiting the Rohingya camps in the Cox’s Bazar area, World Bank South Asia Region vice president Annette Dixon praised the government of Bangladesh and its people for sheltering and caring for the large influx of Rohingya fleeing violence in Myanmar, reports UNB.She said the World Bank was ready to work with the government to help the host community and the displaced Rohingya people in Cox’s Bazar.”The scale of the influx is enormous. As far as the eyes can see, lines after lines of shelters – made of plastic sheets and bamboos – stretched over the deforested hills. It is creating huge pressure on the infrastructure and services as well as on the water resources and the environment. When the monsoon approaches, the challenges with disease and natural disasters will increase,” she said.She visited the registered and makeshift camps and spoke with the Rohingya and the local community. She also visited registration centres, health and food distribution centres, children centres and women-friendly spaces.”The people and the government of Bangladesh have shown great generosity to the Rohingya people in their hour of need. As soon as the crisis broke, with the government, the local and international non-governmental organisations (NGOs) and development partners extended support. This helped save thousands of lives,” Dixon said.”But the needs are much greater. If the government seeks assistance, we can mobilise more resources to address the needs of both the host communities and the Rohingya people in a way that will continue to benefit the local people after the Rohingya leave.”Dixon met local government officials and representatives of the many Bangladeshi and international relief agencies and NGOs that are working to support the Rohingya population in the Cox’s Bazar area.Earlier in the week, Dixon spoke at the invitation of the government at the Bangladesh Development Forum in Dhaka. She praised Bangladesh’s remarkable success in reducing poverty and advancing development.In the recent years, the World Bank support to Bangladesh has expanded. Currently, the World Bank’s support stands at nearly $10 billion, which represents a more than doubling in the last five years.The World Bank was among the first development partners to support Bangladesh following its independence. Since then, the World Bank has committed close to $27 billion in grants and interest-free credits to the country.last_img read more

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No need to die take to the streets for Khaleda release Nazrul

first_imgNazrul Islam KhanBangladesh Nationalist Party (BNP) senior leader Nazrul Islam Khan on Thursday urged party leaders and activists to take to the streets to free chairperson Khaleda Zia from jail, reports UNB.”We’re saying many things about the release of our chairperson Khaleda Zia, but we’re not doing what actually we need to do. Someone here said self-immolation is necessary to free her. Anyone can do it as no permission is necessary for sacrificing own life,” he told a discussion.The BNP leader further said, “But we don’t want you to die as we only want to free Khaleda Zia from jail. No one needs to die for her release. Just take to the streets with bravery to ensure her release.”Jatiyatabadi Krishak Dal arranged the programme at the National Press Club, marking the historic ‘Farakka Long March Day’.On 16 May in 1976, Maulana Abdul Hamid Khan Bhasani led a massive long march from Rajshahi towards India’s Farakka Barrage, demanding demolition of the barrage constructed by the Indian government to divert the flow of Ganges water inside its territory.Nazrul, a BNP standing committee member, said the government has kept Khaleda Zia in jail unfairly out of its political vengeance.He warned the government that people are getting united to free Khaleda from jail with a strong street agitation.The BNP leader said people in 1971 liberated the country for establishing democracy, but the current government obliterated democracy to hang onto power. “We must free Khaleda Zia first to restore democracy in the country.”Nazrul said Maulana Bhasani had registered a massive protest against the construction of India’s Farakka Barrage through the Long March in 1976 as he was a true patriotic leader.He said India constructed the Farakka dam on an experimental basis, but it is regrettable that the experiment is not over yet.last_img read more

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Edwin Hawkins Musical Icon with Ties to the District

first_imgGroundbreaking, award-winning gospel artist, Edwin Hawkins, died Jan. 15 at his home in Pleasanton, California, after battling pancreatic cancer.  He was 74.Hawkins is best known for his lively, rhythm and blues rendition of “Oh Happy Day” paving a way for a major shift in gospel music.Edwin Hawkins performing at Paramount Theatre in Oakland, Calif. (Courtesy photo)In the 1960s many gospel singers were limited to choir robes, sheet music, and the tradition of singing church hymns under the strict eye of a pianist. In 1968, Edwin Hawkins and a group of singers who grew up in the projects of Oakland, California recorded “Oh Happy Day.” This song was a turning point in gospel music, as it became clear that it was okay to rock and clap in God’s House.  Suddenly little old ladies were being replaced by choir directors, hymn books were scrapped and a nation learned a more contemporary way to praise the Lord through song.Hawkins never set out to perform. His parents, Mamie and Dan Lee Hawkins wanted to get their children involved in singing as an alternative to life in Oakland’s Campbell Village public housing complexes. By age 5, Edwin was playing the piano for a Church of God in Christ, and at 16, he formed the Northern California State Youth Choir and had his own gospel radio show.“Oh Happy Day” was an accident between he and Betty Watson that had its beginning in Washington, D.C. In 1968 Hawkins and Watson attended a youth convention at the Church of God in Christ in D.C. and when they got back, decided to make a recording. They only made 500 copies, but, a disc jockey at a rock station played the music and it took off. An executive from Buddha Records flew out and signed them for $5,000. For a group of young people from the projects in the late 60’s, that was a lot of money.From northern California to southern Florida, “Oh Happy Day” became a hit with 7 million copies sold. Overnight, a musical family from an Oakland church called the “Love Center” became stars. These musical pied pipers, launched a new genre of gospel music and a style that sparked a change in music and dress on Sunday morning that was so profound that faith piano players were replaced by a new generation of singers and choir directors who knew how to “play by ear.”Hawkins and his family were the gospel music equivalent of the Beatles.  The Hawkins’ music made deacons tap their toes, turned singers into preachers and made young people feel good about singing and playing in church.“Edwin Hawkins was a great example of style and grace. He just had a presence,” Jerome Bell, an area radio personality and Maryland pastor, who often hosted Hawkins family concerts in the area, told the AFRO.In 1999, The Hawkins family, still based in Oakland, went on a national tour to commemorate the success of “Oh Happy Day.” On July 24, they rolled up to the National Church of God in Oxon Hill in a big luxury coach, walked into the pulpit and captivated more than 1,300 people with three decades of music. During the concert Walter Hawkins was the musical director, Tremaine Hawkins was most often the lead singer and Edwin would always be at the organ.“The Hawkins were responsible for bringing us gospel Hollywood,” said Bell, adding that the group imported their own style and substance complete with lights and sound long before the other singers came along.D.C. resident Bill Carpenter was the publicist for Edwin Hawkins for two decades. He said, “He came from a generation where he was matter of fact.”Bell said a local memorial service is being planned for Hawkins, who along with his family performed at various churches in the area.last_img read more

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Get to Know Rachel Florek

first_img Get to know redshirt sophomore goalie Rachel Florek. Favorite Sports Team: New York GiantsFavorite Athlete: Odell Beckham Jr.Best Compliment: That I’m easy to get along withPerfect Pizza: All veggies, with chicken, no black olives Favorite Movie: Finding NemoBest Subject: HistoryWorst Subject: MathFavorite Food: All seafoodFavorite TV Show: America’s Got TalentSuper Power: Read mindsMost Influential Person in my Life: my dadWhat do I like to do outside of lacrosse: I love going to the beach and just going outsideSomething not that many people know about me: I broke my jaw, now I have four melt plates and six screws in my jawBiggest Celebrity Crush: Ryan Reynolds???????Best Part of my Game: I’m not afraid to take chances and be active outside the goal circleFavorite Thing about UofL: I love how much support we get from the entire community and just everyone around us all the timeWhy I Chose Louisville: Louisville is a place where I can not only better myself as a player but as a person tooPrint Friendly Version Story Linkslast_img read more

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first_img News | Radiology Business | August 01, 2019 Philips Completes Acquisition of Carestream Health’s HCIS Business … read more Demand for ultrasound scans at U.S. outpatient centers could grow by double digits over the next five years, according to a speaker at AHRA 2019. A variety of factors, however, could cause projections for this and other modalities to change. Graphic courtesy of Pixabay Feature | June 04, 2015 | The Centers for Medicare and Medicaid Services CMS Proposes Policy Changes The rule update proposes policies that continue a commitment to increasingly shift Medicare payments from volume to value Related Content Videos | Radiology Business | August 02, 2019 VIDEO: Key Topics for Radiology Administrators at AHRA 2019 Association for Medical Imaging Management (AHRA) President … read more Feature | Radiology Business | July 18, 2019 | By Stefanie Manack and Judy Zakutny Finding A Common Data Language for Radiology Approximately 30 percent of a hospital or health system’s profit comes from imaging according, to… read more News | Radiology Imaging | July 22, 2019 AHRA and Canon Medical Systems Support the 12th Annual Putting Patients First Program For the past twelve years, Canon Medical Systems USA, Inc. has partnered with read more Image by rawpixel from Pixabay  Feature | Radiology Imaging | July 29, 2019 | By Greg Freiherr Imaging Market in U.S. Could Rise In Coming Years The coming years may be good for the medical imaging community in the United States. But they will not be easy. read more Body language expert Traci Brown spoke at the AHRA 2019 meeting on how to identify when a person is not being honest by their body language. She said medical imaging department administrators can use this knowledge to help in hiring decisions and managing staff.  On April 17, 2015, the Centers for Medicare and Medicaid Services (CMS) issued a proposed rule to update fiscal year (FY) 2016 Medicare payment policies and rates under the Inpatient Prospective Payment System (IPPS) and the Long-Term Care Hospital (LTCH) Prospective Payment System (PPS). The proposed rule, which would apply to approximately 3,400 acute care hospitals and about 435 LTCHs, would affect discharges occurring on or after Oct. 1, 2015.The IPPS pays hospitals for services provided to Medicare beneficiaries using a national base payment rate, adjusted for a number of factors that affect hospitals’ costs, including the patient’s condition and market conditions to the hospital’s geographic area.The rule proposes policies that continue a commitment to increasingly shift Medicare payments from volume to value. The Obama administration has set measurable goals and a timeline to move the Medicare program, and the healthcare system at large, toward paying providers based on the quality, rather than the quantity, of care they give patients. The proposed rule includes policies that advance that vision and support building a healthcare system that delivers better care, spends healthcare dollars more wisely and results in healthier people.BackgroundCMS pays acute care hospitals (with a few exceptions specified in the law) for inpatient stays under the IPPS and long-term care hospitals under the LTCH PPS. Under these two payment systems, CMS generally sets payment rates prospectively for inpatient stays based on the patient’s diagnosis and severity of illness. A hospital receives a single payment for the case based on the payment classification – MS-DRGs under the IPPS and MS-LTC-DRGs under the LTCH PPS – assigned at discharge.By law, CMS is required to update payment rates for IPPS hospitals annually, and to account for changes in the costs of goods and services used by these hospitals in treating Medicare patients, as well as for other factors. This is known as the hospital “market basket.” LTCHs are paid according to a separate market basket based on LTCH-specific goods and services.Changes and Updates in FY 2016 PoliciesProposed Changes to Payment Rates under IPPS. The proposed increase in operating payment rates for general acute care hospitals paid under the IPPS that successfully participate in the Hospital Inpatient Quality Reporting (IQR) Program and are meaningful electronic health record (EHR) users is 1.1 percent. This reflects the projected hospital market basket update of 2.7 percent adjusted by -0.6 percentage point for multi-factor productivity and an additional adjustment of -0.2 percentage point in accordance with the Affordable Care Act; like last year, the rate is further decreased by a proposed 0.8 percent for a documentation and coding recoupment adjustment required by the American Taxpayer Relief Act of 2012.Hospitals that do not successfully participate in the Hospital IQR Program and do not submit the required quality data will be subject to a one-fourth reduction of the market basket update. Also, the law requires that the update for any hospital that is not a meaningful EHR user will be reduced by one-half of the market basket update in FY 2016.CMS projects that the rate increase, together with other proposed changes to IPPS payment policies, will increase IPPS operating payments by approximately 0.3 percent. CMS projects that total Medicare spending on inpatient hospital services will increase by about $120 million in FY 2016.Other payment adjustments will include continued penalties for readmissions, a continued -1 percent penalty for hospitals in the worst performing quartile under the Hospital Acquired Condition Reduction Program, and continued bonuses and penalties for hospital-valued based purchasing. The Medicare Access and CHIP Reauthorization Act of 2015 also contains provisions that would impact certain payment adjustments and policies discussed in this proposed rule, including extensions of additional payments for Medicare-dependent hospitals and low-volume hospitals that were due to expire. Those extensions are not reflected in this proposed rule.Potential Expansion of Bundled Payments for Care Improvement Initiative. In 2011, CMS launched the Bundled Payments for Care Improvement (BPCI) initiative. The BPCI initiative links payments for multiple services during an episode of care into a bundled payment. BPCI episodes initiate either with an inpatient stay or with post-acute services following a qualifying inpatient stay. CMS is continuing to implement the initiative, which is testing four models of care with hundreds of providers across the country.In the rule, CMS is seeking comment on policy and operational issues surrounding the potential future expansion of this initiative.Documentation and Coding Adjustment. Section 631 of the American Taxpayer Relief Act of 2012 requires CMS to recover $11 billion by 2017 to fully recoup documentation and coding overpayments related to the transition to the MS-DRGs that began in FY 2008. For FY 2016, CMS is proposing to continue the approach begun in FY 2014 by making another -0.8 percent adjustment to continue the recoupment process.Long-Term Care Hospital Prospective Payment System Changes. Nationwide, most chronically ill patients are treated in acute care hospitals, but some are admitted to LTCHs. The Pathway for SGR Reform Act of 2013 directed CMS to make significant changes to the payments system for LTCHs. The law directs CMS to establish two different types of LTCH PPS payment rates depending on whether or not the patient meets certain clinical criteria: standard LTCH PPS payment rates, and new, lower site-neutral LTCH PPS payment rates that are generally based on the IPPS rates. The law transitions the payment reduction for site-neutral cases for the first two years of the revised LTCH PPS by requiring payment based on a 50/50 blend of the standard LTCH PPS rate and the site-neutral LTCH PPS rate. In the proposed rule, CMS is proposing specifics of the implementation of this statutory requirement.CMS projects that LTCH PPS payments would decrease by 4.6 percent, or approximately $250 million, based on the proposed payment rates for FY 2016. This estimated decrease is primarily attributable to the statutory decrease in the payment rates for site neutral LTCH PPS cases that do not meet the clinical criteria to qualify for the higher standard LTCH PPS payment rates. Cases that do qualify for the higher standard LTCH PPS payment rate will see an increase in that payment rate of 1.9 percent (based on a market basket update of 2.7 percent adjusted by a multi-factor productivity adjustment of -0.6 percentage point and an additional adjustment of -0.2 percentage point in accordance with the Affordable Care Act).Medicare Disproportionate Share Hospital (DSH) Payments. Beginning in FY 2014, the Affordable Care Act changed the Medicare DSH payment methodology. Hospitals now receive 25 percent of the amount they previously would have received under the statutory DSH formula. The remainder, equal to an estimate of 75 percent of what otherwise would have been paid as Medicare DSH, is aggregated nationally, adjusted for decreases in the rate of uninsured individuals and other factors, and then distributed to hospitals based on their relative share of the total amount of uncompensated care. In this rule, CMS is proposing to distribute $6.4 billion in uncompensated care payments in FY 2016, a decrease of $1.3 billion from the estimated FY 2015 amount. This decrease is primarily attributable to continued declines in the number of uninsured individuals since the passage of the Affordable Care Act. The estimate of the uncompensated care payments to be distributed in FY 2016 will be updated in the final rule based on more recent data.Electronic Health Record Incentive Programs and Quality Reporting. This proposed rule also includes the requirements for eligible hospitals and critical access hospitals (CAHs) participating in electronic reporting of clinical quality measures (CQMs) for the electronic health record (EHR) Incentive Programs and the inpatient quality reporting (IQR) program. CMS is proposing modifications to some of the CQM reporting and submission requirements to align the CQM reporting period for electronic reporting for both programs, to specify the options for the editions of certified EHR technology providers may use, and to establish requirements for the version of electronic specifications a provider must use for electronic submission of quality reporting data. No changes are proposed for the CQM reporting and submissions requirements for Medicaid eligible hospitals/CAHs. No new CQMs are proposed.Hospital Inpatient Quality Reporting (IQR) Program. In the proposed rule, CMS is proposing to update the measures used in the Hospital Inpatient Quality Reporting (IQR) Program. CMS proposes to add a total of eight new measures for the FY 2018 payment determination and subsequent years (five clinical episode-based payment measures, one patient safety measure and two coordination-of-care measures). CMS also proposes to remove nine measures, two of which are suspended, for the FY 2018 payment determination and subsequent years, as well as refine two previously adopted measures to expand measure cohorts.In addition, CMS proposes two changes in relation to electronic clinical quality measures (eCQMs). CMS proposes to clarify requirements for the submission of the STK-01 measure for CY 2015/FY 2017 payment determination. Also, CMS proposes to require hospitals to submit 16 eCQMs covering three National Quality Strategy (NQS) domains beginning in Calendar Year 2016 for the FY 2018 payment determination, with each hospital choosing which measures to submit, from the 28 available inpatient electronic Clinical Quality Measures. This will align the Hospital IQR Program with the Medicare Electronic Health Record Incentive Program for eligible hospitals and critical access hospitals. CMS proposes to require two quarters (Q3 and Q4) of reporting in CY 2016.Hospital Value-Based Purchasing (VBP) Program. Established by the Affordable Care Act, the Hospital VBP Program adjusts payments to hospitals for inpatient services based on their performance on an announced set of measures. In the proposed rule, CMS suggests continuing updates to the Hospital VBP Program and to expand the number of measures. Specifically, the rule proposes to add a care coordination measure to the FY 2018 program year and a 30-day mortality measure for chronic obstructive pulmonary disease to the FY 2021 program year. CMS also proposes to remove two measures, effective with the FY 2018 program year, and signals future policy changes that will affect certain National Health Safety Network measures beginning with the FY 2019 program year.Hospital Acquired Conditions (HAC) Reduction Program. In the FY 2016 IPPS/LTCH PPS Proposed Rule, CMS is proposing (1) an expanded population for two measures that are already included in the program, (2) an adjustment to the relative contribution of each domain to the Total HAC Score, and (3) an extraordinary circumstances exception (ECE) policy. Hospital Readmissions Reduction Program. In the FY 2016 IPPS/LTCH PPS Proposed Rule, CMS is proposing: the implementation of a refinement of the pneumonia (PN) readmission measure to expand the measure cohort and the formal adoption of an extraordinary circumstance exception (ECE) policy. CMS is also continuing to conduct research on the issue of risk adjustment for socioeconomic status in our quality programs, and are working with the Office of the Assistant Secretary of Planning and Evaluation, who expects to issue a report to Congress on this issue by October 2016.Long Term Care Hospital Quality Reporting Program (LTCH QRP). Beginning in FY 2014, the applicable annual update for any LTCH that did not submit the required data to CMS was reduced by two percentage points. The IMPACT Act of 2014 requires the specification of quality measures for the LTCH QRP, including such areas as skin integrity, functional status (such as mobility and self-care), as well as incidence of major falls.In order to satisfy the cross-setting requirements of the IMPACT Act, CMS is proposing one new functional status quality measure, as well as two previously finalized quality measures (Percent of Residents or Patients With Pressure Ulcers That Are New or Worsened (Short Stay) (NQF #0678), and an Application of Percent of Residents Experiencing One or More Falls With Major Injury (Long Stay) (NQF #0674)), in order to establish their use as cross-setting measures that satisfy the required measurement domains under the IMPACT Act. CMS is additionally proposing the previously finalized All-Cause Unplanned Readmission Measure for 30 Days Post-Discharge From Long-Term Care Hospitals (NQF #2512), in order to establish the newly NQF-endorsed status of this measure. Finally, CMS is proposing to begin to publicly report quality data by fall 2016, on a CMS website, such as Hospital Compare.PPS-Exempt Cancer Hospital Quality Reporting (PCHQR) Program. Established by the Affordable Care Act, the PPS-Exempt Cancer Hospital Quality Reporting Program collects and publishes data on an announced set of quality measures. In the proposed rule, CMS proposes to collect three new patient safety measures under this program. Specifically, the rule proposes to add a costridium difficile (C. difficile) infection outcome measure, a hospital-onset methicillin-resistant staphylococcus aureus (MRSA) bacteremia outcome measure, and a measure of influenza vaccination coverage among healthcare personnel. CMS also proposes to remove six Surgical Care Improvement Project (SCIP) measures because it will not be operationally feasible to continue collecting data on these measures in the future.Two Midnight RuleOver the past few years, hospitals have expressed concerns related to Medicare policies surrounding short inpatient hospital stays, long outpatient stays that include observation services, and when payment for short hospital stays is appropriate under Medicare Part A. CMS has worked to clarify when hospital stays would be considered inpatient or outpatient for purposes of payment. As part of those efforts, CMS included a provision in the FY 2014 hospital payment rule establishing a benchmark that stays expected to last two or more midnights would generally be considered appropriate for inpatient payment, while stays expected to last less than two midnights would generally be considered appropriate for outpatient payment (commonly known as the “Two Midnight Rule”).In addition, in response to hospital concerns about medical review, CMS and Congress have prohibited Recovery Auditor review of patient status on hospital admissions between Oct. 1, 2013, and April 30, 2015, while CMS continues to educate hospitals on billing under the new rules. The Medicare Access and CHIP Reauthorization Act of 2015 further extends this prohibition to Sept. 30, 2015, but was not enacted in time for this information to be reflected in the IPPS proposed rule. When this prohibition expires, CMS has limited Recovery Auditors to six months to review a claim for patient status when the hospital bills within three months of the date of service to allow hospitals to bill for all medically necessary services under Medicare Part B within the statutory timely filing limits. CMS is considering feedback, as well as recent MedPAC recommendations, carefully and expects to include a further discussion of the broader set of issues related to short inpatient hospital stays, long outpatient stays with observation services and the related -0.2 percent IPPS payment adjustment in the proposed calendar year 2016 Hospital Outpatient Prospective Payment system rule.  CMS will accept comments on the proposed rule until June 16, 2015, and will respond to all comments in a final rule to be issued by Aug. 1, 2015. The proposed rule can be downloaded from the Federal Register at www.federalregister.gov/public-inspection. itnEditor’s note: This information was provided by the Centers for Medicare and Medicaid Services (CMS). For more information, visit http://federalregister.gov/a/2015-09245 FacebookTwitterLinkedInPrint分享 Key Topics for Radiology Administrators at AHRA 2019Video Player is loading.Play VideoPlayMuteCurrent Time 0:00/Duration 7:33Loaded: 2.15%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -7:33 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Feature | Radiology Business | July 23, 2019 | Greg Freiherr Liars in Radiology Beware! Can you tell when someone is lying? read more Video Player is loading.Cynthia McCollough discusses bridging diversity gaps in medical physicsPlay VideoPlayMuteCurrent Time 0:00/Duration 6:05Loaded: 2.67%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -6:05 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. John Carrino, M.D., M.Ph., presents “Challenges and Opportunities for Radiology to Prove Value in Alternative Payment Models” at AHRA 2019. Photo by Greg Freiherr Feature | Radiology Business | July 22, 2019 | By Greg Freiherr Payment Models Seek Traction in Transition from Volume Efforts to reform healthcare are booming, b read more Videos | AAPM | July 23, 2019 VIDEO: Bridging Diversity in Medical Physics to Improve Patient Care Cynthia McColl… read more News | Radiation Oncology | July 17, 2019 CMS Proposes New Alternative Payment Model for Radiation Oncology The Centers for Medicare and Medicaid Services (CMS) issued a proposal for an advanced alternative payment model (APM)… read more Feature | Information Technology | July 31, 2019 | By Greg Freiherr How Smart Devices Can Improve Efficiency Innovation is trending toward improved efficiency — but not at the expense of patient safety, according to… read more last_img read more

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Lower Nile reopens for cruising

first_imgSource = e-Travel Blackboard: N.A Cruisers will be able to sail direct from Cairo to Aswan for the first time in 16 years following an announcement by the Egypt Tourism Authority in London this week. In an effort to boost tourism to the country, the Lower Nile will be opened to ships with shallow drafts once dredging of the riverbed and improvements to docks are complete. Cruises will take between 11 and 14 days and will allow passengers to enjoy additional days on the Nile along with the opportunity to see tombs at Beni Hasan and the Temple of Dendera.Discover Egypt commercial director Philip Breckner told Cruise Critic that they are planning to commence cruises in March 2012 subject to Egyptian government approval. last_img read more

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ANA celebrates 30 years of international service

first_img ANA Inspiration of Japanbook your flights by clicking here ANA 30th AnniversaryANA celebrates 30 years of international serviceThanks to our many customers, ANA celebrated our 30th anniversary as an international airline. To show our appreciation, we held special events on March 3rd at Narita Airport, where our first regular international flight to Guam took off 30 years ago.Honorary guests at our event at Narita Airport included Narita City and the Ministry of Land, Infrastructure and Transport representatives. Some of them also came 30 years ago to celebrate our first international flight!The ceremony began with an award presentation of ANA’s highest 5-Star SKYTRAX Rating for four years straight to President Shinobe by SKYTRAX CEO Edward Plaisted. Only seven airlines in the world have received this honour and ANA is the only Japanese airline to do so.A special dance performance by 30 ANA employees and cheerleaders livened up the event. Just as they do in the front lines of our services, they brought their energy to excite the crowd.Our international flights featured some special services and menu items on this day. The Narita to Los Angeles flight’s cabin attendants showcased ten different uniforms worn throughout ANA’s history. ANA’s own chef came on board to serve ANA’s original parfait, which was served in First and Business Class until 2013.Our promise at ANA is to always make our passenger’s air travel experience more enjoyable and comfortable.We look forward to seeing you on board!About ANAANA is the largest airline in Japan by revenues and passenger numbers. Founded in 1952, ANA flies today on 81 international routes and 112 domestic routes. The ANA group has 35,000 employees and a fleet of about 240 aircraft. In FY2014, it carried 50.4 million passengers and generated revenues of 1.71 trillion Japanese yen. ANA has been a member of Star Alliance since 1999, and has joint-ventures with United Airlines on trans-Pacific and Asia routes and with Lufthansa, Swiss International Airlines and Austrian Airlines on Japan-Europe routes. Its Frequent Flyer Program, ANA Mileage Club, has more than 26 million members. ANA was voted Airline of the Year for 2013 by Air Transport World Magazine and in 2016 was awarded five stars for the fourth consecutive year by the world’s leading Airline and Airport review site, SKYTRAX. ANA is the launch customer and biggest operator of the Boeing 787 Dreamliner. Source = ANA – The Walshe Grouplast_img read more

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The Truth About the GSE Profit Sweep

first_img in Daily Dose, Government, Headlines, News Share Fannie Mae Freddie Mac GSE Profit Sweep 2016-04-12 Seth Welborn A federal judge unsealed documents related to Fairholme Funds’ lawsuit against the government over the sweeping of GSE profits into Treasury that may be undermining to the government’s position that the profit sweep was in fact a way to protect taxpayers, according to media reports.The federal government amended the terms of the bailout in August 2012 to sweep virtually all of Fannie Mae’s and Freddie Mac’s quarterly profits into Treasury. Fairholme, a Florida-based mutual fund that is one of the biggest GSE investors, sued the government in 2013 over the profit sweep, and the suit is still pending. The year 2012 was the first year of profitability for Fannie Mae and Freddie Mac after they received a $188 billion taxpayer bailout in 2008 to avoid insolvency. Under the pre-August 2012 terms of the bailout agreement, the GSEs were required to pay only a 10 percent dividend on their draw from Treasury.Lawyers for Treasury claimed early in Fairholme’s suit that the GSEs were financially weak and that the profit sweep was a way to protect taxpayers from another bailout. Judge Margaret M. Sweeney in the U.S. Court of Federal Claims, who is presiding over the Fairholme lawsuit, unsealed depositions this week related to the case that point out that the government was aware of the profitability of Fannie Mae and Freddie Mac in 2012, however.One of the documents unsealed this week was a deposition taken last July from Fannie Mae’s former chief financial officer, Susan McFarland. In that deposition, McFarland said she told high-level officials at Treasury in August 2012 that Fannei Mae was “now in a sustainable profitability, that we would be able to deliver sustainable profits over time,” according to the New York Times. McFarland also said in her deposition she told the Treasury officials that Fannie Mae would soon receive $50 billion in income from a deferred tax assetA little more than a week after McFarland met with Treasury officials, Treasury announced to the Federal Housing Finance Agency, the GSEs’ conservator, that the terms of the bailout agreement had changed. McFarland said in the deposition that her meeting with Treasury officials is what prompted the government to change the terms and sweep all of the GSEs’ profits into Treasury.“If Ms. McFarland’s testimony is correct, then the reason given for the sweep was a falsehood since the Treasury was well aware that the company could pay its dividend.”Richard X. Bove, Rafferty Capital Markets“If Ms. McFarland’s testimony is correct, then the reason given for the sweep was a falsehood since the Treasury was well aware that the company could pay its dividend,” said Richard X. Bove, VP of Equity Research at Rafferty Capital Markets. “Apparently, the government was also aware that Fannie Mae did not have to pay the dividend in cash. In essence, even the reason that the sweep was necessary to save Fannie Mae’s cash position was incorrect and the Treasury knew it.”Another deposition released this week was from Mario Ugoletti, a former Treasury official and also a special adviser to the director of FHFA. Ugoletti signed an affidavit stating unequivocally that neither Treasury nor FHFA anticipated in the months prior to August 2012 that the GSEs’ deferred tax assets would be reversed and that such a move was “not intended to increase compensation to Treasury, according to the New York Times.The New York Times filed a motion with the Court of Federal Claims in July 2015 requesting that the government unseal depositions from key government officials related to the Fairholme suit, including that of Ugoletti.”The government would like to make people believe that the bailout of Fannie and Freddie was unique and unprecedented. It wasn’t,” said Tim Rood, chairman of business advisory firm the Collingwood Group. “The government’s ‘bailout playbook’ has been battle and market tested with the automakers and AIG. The government infuses the companies with capital in exchange for debt and stabilizes the businesses and allows them to rebuild capital. And once the businesses are sufficiently healthy and well capitalized the government converts its debt to equity and liquidates position. The GSEs inherited debt that they were contractually never able to repay under any circumstances. Government owned less than 80 percent of the companies yet swept 100 percent of their profits and reserve capital.”center_img The Truth About the GSE Profit Sweep April 12, 2016 594 Views last_img read more

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You might also be interested in

first_img You might also be interested in February 15 , 2019 Northern Hemisphere market report for Week 6 (ending February 8)Information on the Asian and European markets is not provided for week 6 due to Chinese New Year and Fruit Logistica.center_img Decofrut/edited by www.freshfruitportal.comFreshfruitportal.com is not responsible for the information provided by State of the Market. The contents only reflect analysis carried out by Decofrut.last_img

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Grace expects Greinke trade to have emotional impa

first_img Grace expects Greinke trade to have emotional impact The two reportedly discussed the Cardinals success and Peterson’s role as a leader.Related LinksArizona Cardinals’ Patrick Peterson issues statement on trade requestMcFadden: Eagles, Patriots ‘aggressive’ pursuing trade for Cardinals’ PetersonPatrick Peterson’s reported trade request adds more doubt to Cardinals“At the end of the day, he’s a competitor, he loves to compete,” CBS Sports analyst Byrant McFadden, Peterson’s cousin, told Doug & Wolf on 98.7 FM Arizona’s Sports Station on Tuesday.McFadden reported that the New Orleans Saints, Philadelphia Eagles and the New England Patriots are pursuing a trade for Peterson. The Saints acquired cornerback Eli Apple from the Giants on Tuesday.Bidwill reportedly assured 28-year-old Peterson that the team will start to win. Arizona is currently 1-6 coming off of a 45-10 blowout loss on Thursday night. Derrick Hall satisfied with D-backs’ buying and selling Comments   Share   Former Cardinals kicker Phil Dawson retires The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Arizona Cardinals cornerback Patrick Peterson (21) looks at the replay board during the second half of an NFL football game against the Los Angeles Rams , Sunday, Oct. 2, 2016, in Glendale, Ariz. (AP Photo/Rick Scuteri) Top Stories Arizona Cardinals cornerback Patrick Peterson broke his silence regarding reports that he wanted out of Arizona.Peterson posted a statement on Twitter Wednesday expressing on social media that his focus is on “being part of the solution” and wants to help the Cardinals win.ESPN’s Adam Schefter, who first reported that Peterson asked for a trade, reported that the All-Pro cornerback met with Cardinals president Michael Bidwill on Tuesday for 30 minutes.last_img read more

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a professor of poli

a professor of political science at the University of Texas in Dallas, com. "The majority of parents have phones, a former Editor-in-Chief of Newswatch, there was no Internet to search. Failure of “credible collaborative collusion” is another.

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” a visibly moved Prajapati told IndiaSpend on a recent May day,上海龙凤419Cordia, he said. Its certainly not about helping or protecting women. or a school. read more

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