Ferrol Sams, Doctor Turned Novelist, Dies at 90


Ferrol Sams, a country doctor who started writing fiction in his late 50s and went on to win critical praise and a devoted readership for his humorous and perceptive novels and stories that drew on his medical practice and his rural Southern roots, died on Tuesday at his home in Fayetteville, Ga. He was 90.


The cause, said his son Ferrol Sams III, also a doctor, was that he was “slap wore out.”


“He lived a full life,” his son said. “He didn’t leave anything in the tank.”


Dr. Sams grew up on a farm in the rural Piedmont area of Georgia, seven mud-road miles from the nearest town. He was a boy during the Depression; books meant escape and discovery. He read “Robinson Crusoe,” then Mark Twain and Charles Dickens. One of his English professors at Mercer University, in Macon, suggested he consider a career in writing, but he chose another route to examining the human condition: medical school.


When he was 58 — after he had served in World War II, started a medical practice with his wife, raised his four children and stopped devoting so much of his mornings to preparing lessons for Sunday school at the Methodist church — he began writing “Run With the Horsemen,” a novel based on his youth. It was published in 1982.


“In the beginning was the land,” the book begins. “Shortly thereafter was the father.”


In The New York Times Book Review, the novelist Robert Miner wrote, “Mr. Sams’s approach to his hero’s experiences is nicely signaled in these two opening sentences.”


He added: “I couldn’t help associating the gentility, good-humored common sense and pace of this novel with my image of a country doctor spinning yarns. The writing is elegant, reflective and amused. Mr. Sams is a storyteller sure of his audience, in no particular hurry, and gifted with perfect timing.”


Dr. Sams modeled the lead character in “Run With the Horsemen,” Porter Osborne Jr., on himself, and featured him in two more novels, “The Whisper of the River” and “When All the World Was Young,” which followed him into World War II.


Dr. Sams also wrote thinly disguised stories about his life as a physician. In “Epiphany,” he captures the friendship that develops between a literary-minded doctor frustrated by bureaucracy and a patient angry over past racism and injustice.


Ferrol Sams Jr. was born Sept. 26, 1922, in Woolsey, Ga. He received a bachelor’s degree from Mercer in 1942 and his medical degree from Emory University in 1949. In his addition to his namesake, survivors include his wife, Dr. Helen Fletcher Sams; his sons Jim and Fletcher; a daughter, Ellen Nichol; eight grandchildren; and nine great-grandchildren.


Some critics tired of what they called the “folksiness” in Dr. Sams’s books. But he did not write for the critics, he said. In an interview with the Georgia Writers Hall of Fame, Dr. Sams was asked what audience he wrote for. Himself, he said.


“If you lose your sense of awe, or if you lose your sense of the ridiculous, you’ve fallen into a terrible pit,” he added. “The only thing that’s worse is never to have had either.”


This article has been revised to reflect the following correction:

Correction: February 2, 2013

An earlier version of this obituary misstated the town in which Mr. Sams died. It was Fayetteville, Ga., not Lafayette, Ga.



Read More..

Americans Closest to Retirement Were Hardest Hit by Recession


David Maxwell for The New York Times


Susan Zimmerman, 62, has three part-time jobs.









Michael Stravato for The New York Times

Arynita Armstrong, 60, at her home in Willis, Tex. She last worked five years ago. “When you’re older, they just see gray hair and they write you off,” she says.






In the current listless economy, every generation has a claim to having been most injured. But the Labor Department’s latest jobs snapshot and other recent data reports present a strong case for crowning baby boomers as the greatest victims of the recession and its grim aftermath.


These Americans in their 50s and early 60s — those near retirement age who do not yet have access to Medicare and Social Security — have lost the most earnings power of any age group, with their household incomes 10 percent below what they made when the recovery began three years ago, according to Sentier Research, a data analysis company.


Their retirement savings and home values fell sharply at the worst possible time: just before they needed to cash out. They are supporting both aged parents and unemployed young-adult children, earning them the inauspicious nickname “Generation Squeeze.”


New research suggests that they may die sooner, because their health, income security and mental well-being were battered by recession at a crucial time in their lives. A recent study by economists at Wellesley College found that people who lost their jobs in the few years before becoming eligible for Social Security lost up to three years from their life expectancy, largely because they no longer had access to affordable health care.


“If I break my wrist, I lose my house,” said Susan Zimmerman, 62, a freelance writer in Cleveland, of the distress that a medical emergency would wreak upon her finances and her quality of life. None of the three part-time jobs she has cobbled together pay benefits, and she says she is counting the days until she becomes eligible for Medicare.


In the meantime, Ms. Zimmerman has fashioned her own regimen of home remedies — including eating blue cheese instead of taking penicillin and consuming plenty of orange juice, red wine, coffee and whatever else the latest longevity studies recommend — to maintain her health, which she must do if she wants to continue paying the bills.


“I will probably be working until I’m 100,” she said.


As common as that sentiment is, the job market has been especially unkind to older workers.


Unemployment rates for Americans nearing retirement are far lower than those for young people, who are recently out of school, with fewer skills and a shorter work history. But once out of a job, older workers have a much harder time finding another one. Over the last year, the average duration of unemployment for older people was 53 weeks, compared with 19 weeks for teenagers, according to the Labor Department’s jobs report released on Friday.


The lengthy process is partly because older workers are more likely to have been laid off from industries that are downsizing, like manufacturing. Compared with the rest of the population, older people are also more likely to own their own homes and be less mobile than renters, who can move to new job markets.


Older workers are more likely to have a disability of some sort, perhaps limiting the range of jobs that offer realistic choices. They may also be less inclined, at least initially, to take jobs that pay far less than their old positions.


Displaced boomers also believe they are victims of age discrimination, because employers can easily find a young, energetic worker who will accept lower pay and who can potentially stick around for decades rather than a few years.


“When you’re older, they just see gray hair and they write you off,” said Arynita Armstrong, 60, of Willis, Tex. She has been looking for work for five years since losing her job at a mortgage company. “They’re afraid to hire you, because they think you’re a health risk. You know, you might make their premiums go up. They think it’ll cost more money to invest in training you than it’s worth it because you might retire in five years.


“Not that they say any of this to your face,” she added.


When older workers do find re-employment, the compensation is usually not up to the level of their previous jobs, according to data from the Heldrich Center for Workforce Development at Rutgers University.


In a survey by the center of older workers who were laid off during the recession, just one in six had found another job, and half of that group had accepted pay cuts. Fourteen percent of the re-employed said the pay in their new job was less than half what they earned in their previous job.


Read More..

Cardinal Mahony says he wasn't equipped to handle priest abuse









Cardinal Roger M. Mahony responded Friday to Los Angeles Archbishop Jose Gomez's decision to relieve him of all public duties over his mishandling of clergy sex abuse of children, saying he did all he could to protect children.


Mahony posted the letter, addressed to Gomez, on his blog Friday afternoon. In the letter, he outlined the steps his administration had taken to address the priest abuse scandal and to create policies to prevent further such abuse.


Addressing Gomez, Mahony wrote: "When you were formally received as our archbishop on May 26, 2010, you began to become aware of all that had been done here over the years for the protection of children and youth.  You became our official archbishop on March 1, 2011 and you were personally involved with the compliance audit of 2012 — again, in which we were deemed to be in full compliance.








"Not once over these past years did you ever raise any questions about our policies, practices, or procedures in dealing with the problem of clergy sexual misconduct involving minors," Mahony added.


Mahony also reminded Gomez:  "I have stated time and time again that I made mistakes, especially in the mid-1980s.  I apologized for those mistakes, and committed myself to make certain that the archdiocese was safe for everyone.


"Unfortunately, I cannot return now to the 1980s and reverse actions and decisions made then.  But when I retired as the active archbishop, I handed over to you an archdiocese that was second to none in protecting children and youth."


Gomez announced the action against Mahony on Thursday and also said that Auxiliary Bishop Thomas J. Curry, who worked with Mahony to conceal abusers from police in the 1980s, had resigned his post as a regional bishop in Santa Barbara.


The announcements came as the church posted on its website tens of thousands of pages of previously secret personnel files for 122 priests accused of molesting children.


"I find these files to be brutal and painful reading. The behavior described in these files is terribly sad and evil," Gomez wrote in a letter addressed to "My brothers and sisters in Christ."


The public censure of Mahony, whose quarter-century at the helm of America's largest archdiocese made him one of the most powerful men in the Catholic Church, was unparalleled, experts said.


"This is momentous, there is no question," said the Rev. Thomas Doyle, a canon lawyer and Dominican priest who has testified across the nation as an expert witness in clergy sex abuse cases. "For something like this to happen to a cardinal.... The way they treat cardinals is as if they're one step below God."


In his letter Friday, Mahony said he did the best he could to handle the abuse cases.


"Nothing in my own background or education equipped me to deal with this grave problem," he wrote.  "In two years [1962—1964] spent in graduate school earning a master’s degree in social work, no textbook and no lecture ever referred to the sexual abuse of children.  While there was some information dealing with child neglect, sexual abuse was never discussed."


On his blog, Mahony said he sent the letter to Gomez on Friday. "There is nothing confidential in my letter.  I have been encouraged by others to publish it, so I am do so on my personal blog.  I hope you find it useful," he wrote.


Before Gomez's announcement, Mahony had weathered three grand jury investigations and numerous calls for his resignation. He stayed in office until the Vatican's mandatory retirement age of 75. No criminal charges have been filed against Mahony or anyone in the church hierarchy.


Terrence McKiernan, president of bishopaccountability.org, said that in a religious institution that values saving face and protecting its own, Gomez's decision to publicly criticize an elder statesman of the church and his top aide was striking.


"Even when Cardinal [Bernard] Law was removed in Boston, which was arguably for the same offenses, this kind of gesture was not made," he said.


Law left office in 2002 amid mounting outrage over his transfer of pedophile priests from parish to parish, but the church presented his departure as of his own accord and he was later given a highly coveted Vatican job in Rome.


Bishop Thomas J. O'Brien of Phoenix relinquished some of his authority in a deal with prosecutors to avoid criminal charges for his handling of abuse cases, but he kept his title and many of his duties. A Kansas City bishop convicted last year of failing to report child abuse retained his position.


Criticism of the L.A. archdiocese heated up Jan. 21, when the files of 14 clerics accused of abuse became public in a court case. They revealed in Mahony and Curry's own words how the church hierarchy had worked to keep law enforcement from learning that children had been molested at the hands of priests.


To stave off investigations, Mahony and Curry sent priests they knew had abused children out of state,  and kept them from seeing therapists who might alert authorities.





Read More..

Here's What Your $97 Million Drug War in Central America Actually Bought



The U.S. isn’t just shoveling cash to stem the tide of narcotics in Mexico and Colombia. Quietly, it’s built up its drug war in Central America, too — spending nearly $100 million over four years on advanced gear for local forces. Not that Washington has any idea what it’s gotten for its money.


A new report from the Government Accountability Office provides a rare glimpse into the Central American war on drugs. Between 2008 and 2011, the report finds, the government spent $97 million for gear and training for its Central American partners. On the plus side, it’s laughably low compared to the more than $640 billion (and rising) the U.S. has spent on the war in Afghanistan.


Most of the drug war money is spent on equipment such as vehicles — like aircraft and patrol boats — night-vision goggles, body armor, radios and weapons, and X-ray equipment for scanning cargo containers. The Central American Regional Security Initiative, the government program funneling the money south, also funds counter-drug units, or TAG (Transnational Anti-Gang) teams comprised of agents from the FBI and the Drug Enforcement Administration, who partner up with local police to investigate drug trafficking, weapons smuggling and money laundering.


That’s not all. The FBI has used funds to develop “fingerprint and biometric capabilities” (.pdf) in Central America, according to a 2012 report by the Congressional Research Service. Beyond biometrics, the U.S. has implemented a gun-tracing system called eTrace, built facilities for wiretapping, and installed an 85-camera surveillance system in Guatemala City.


Tracking all the money is difficult. According to the GAO, the single biggest chunk of funding goes toward police-specific training and gear, disbursed by the State Department’s International Narcotics Control and Law Enforcement Program. The rest of the money was split into three other programs: $31 million into two counter-terrorism programs called the ESF and the NADR. The ESF is largely structured around providing economic aid, while NADR includes a host of programs aimed at boosting export controls, deactivating landmines, and seizing and destroying small arms leftover from the Central American civil wars. The remaining $22 million flows into a Pentagon-managed program called Foreign Military Financing, which grants loans for U.S. military weapons and training. (Equipment for border troops in Central America is provided under the NADR counterterrorism umbrella as well.)



But it’s hard to know just what all this money bought, either in terms of security or a reduced influx of drugs.


About 60 percent of the cocaine that enters the U.S. transits Central America, and the countries most affected by violence in the region — Guatemala, El Salvador and Honduras — are some of the most dangerous in the world. Homicides in Guatemala, however, dropped 8.9 percent in 2012, although violence has increased in some regions in the country. El Salvador also saw a sharp drop in murders over the past two years, though this has been partly attributed by media outlets to a truce between warring gangs. But a counter-example is Honduras, which seen murders more than double since 2007, with homicides intensifying after a 2009 coup.


And not even U.S. military commanders in the region see drug trafficking on the decline. “We have not achieved that on both sides of the isthmus,” the commander of the U.S. anti-drug task force in Central America, Rear Adm. Charles D. Michel recently told InfoSurHoy.


And not all of Michel’s partners are, um, reliable. Intelligence sharing in Honduras had to pause last year after the Honduran air force shot down two civilian planes suspected of carrying drugs. (It resumed in November.) The State Department also halted funding to the Honduran national police last year after allegations were raised that its chief was a former death squad commander.


So for $97 million, the U.S. has gotten drug smugglers to shift their routes and lined the pockets of a human rights abuser. Don’t you feel safer?


Read More..

Wispelwey: Loneliness of the long-distance cellist






LEIDEN, Netherlands (Reuters) – Dutch cellist Peter Wispelwey has recorded the haunting, delightful and soul-uplifting Bach Six Suites for Solo Cello three times and still he’s not finished.


His next, he says, is his “Lost in Translation” version, referring to the Bill Murray movie about an actor coming to terms with an alien culture in Tokyo.






Wispelwey is doing the same, flying into the Japanese capital for recording sessions in the early morning hours.


When it is released, he wants to strew CDs of portions of the Bach suites around Tokyo for people to find them, he told Reuters over a three-course dinner served during intervals as he performed in this Dutch university town.


“That’s my ideal,” he said. “I want the Tokyo preludes, the Tokyo gigues, the Tokyo allemandes.”


At this stage in his career, the 50-year-old Wispelwey who first fell in love with the cello’s growling sound at the age of two while listening to an amateur quartet in which his father played violin, can be indulged.


Growing up in a small country at a time when it did not have much of an established conservatory tradition, he more or less is a self-made cellist, though he has had several of the world’s best teachers, among them compatriot Anner Bylsma.


He made his name in the Netherlands by putting on recitals in his late teens of all the mainstream repertoire for solo cello, renting the hall himself, getting the tickets distributed and playing it all from memory.


He got his international credentials with his first 1990 recording of the Bach suites, for the Channel Classics label, which became one of the gold-standard versions.


His latest, and third version, is unique for tuning his baroque cello, with gut rather than modern steel strings, to a much lower pitch than A at 440 hertz, or slightly higher, which is the standard for modern orchestras, pianos, wind instruments and pretty much everything.


Wispelwey has done it at 397 hertz, a full tone below the modern A tuning, and a semitone, or half tone, below the usual baroque A which is 415 hertz.


There are theoretical reasons, including evidence it was the pitch Bach would have known. But more importantly, the sound world is different.


“If the general public comes in to hear the Bach suites on a baroque cello they need almost an hour just to adjust to that sound world and it’s not surprising,” he said, between gulps of food and before taking a shower to refresh for the continuation of one of the most demanding recital programs, for soloist and audience alike.


“We’re used to a steely, projecting laser beam of a sound and this has shades, it has color and it has the overtones. That’s why we can hear it. It has this very particular shine. but it’s a shine of nobility.”


Here’s what else he had to say about Bach’s appeal today, the mystical “Black Sarabande” and why it can sometimes seem a bit lonely being a cello soloist:


Q: What is it about Bach’s music, written in the early 18th century, that speaks to us three centuries later with such power, if not to say God-like authority?


A: “One is the magic of Bach. Even in the sparse notes of the cellos suites there is a narrative and it becomes more hypnotic the less you hear and the less you hear it filled in. It’s the hypnotic element of being carried away by so little. That said, the concentration of the listener is tunneled and first there’s an emotion of being narrowed but then the opposite happens.


“After an hour that tunnel gives suddenly way to the biggest panorama you’d ever want to see. It starts meaning everything, the small world becomes the big world and everything starts shining and becoming meaningful…Bach’s brain was all over the place all the time. That’s why we’re so eternally intrigued at what kind of creativity was at work there.”


Q: In the Suite No. 5, there’s a movement you call the “Black Sarabande”. Why?


A: “It’s painful, not nice. There is comfort in it but death is there. It’s about blackness, about dust and with the gut C string it sounds like dust, it sounds like throwing something into the grave or a last breath – it’s all there. The first four bars are a sort of solar system, all those notes hanging in space but they are somehow related…It’s dark and light and death and life. It’s so simple that its meaning expands in space. The simpler it is the more meaningful it seems to be.”


Q: Of course you don’t play only Bach – though you play these suites a lot. Two days from now you are doing a Schubert program and you also play modern composers like Ligeti and Crumb. Is it hard finding sufficient repertoire for an instrument which, let’s face it, has never been as big a crowd pleaser as the violin?


A: “It (Bach) does sound like you are playing really serious, profound music, so that’s good, and the other thing of course is the cello repertoire is so small that when we have six pieces by the greatest composer of all time, well, then, of course… There are 15 great cello concertos against 40 great violin concertos. The cello was emancipated (from its accompaniment role) late. Then look at the 20th century. We have Mstislav Rostropovich and suddenly we get this tsunami by the great composers…”


(Editing by Paul Casciato)


Music News Headlines – Yahoo! News





Title Post: Wispelwey: Loneliness of the long-distance cellist
Url Post: http://www.news.fluser.com/wispelwey-loneliness-of-the-long-distance-cellist/
Link To Post : Wispelwey: Loneliness of the long-distance cellist
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Auvi-Q Challenges EpiPen With a New Shape and Size





Twin brothers Eric and Evan Edwards grew up with serious food allergies and were under doctor’s orders to carry their medicine everywhere they went.




But as they entered their teenage years in suburban Virginia, they found the advice increasingly hard to follow. The device they carried to inject the medicine, known as an EpiPen, was shaped like a large felt-tip marker and they would frequently forget it. As the twins entered college, they found themselves thinking there had to be a better way.


This week, the brothers’ invention — a slimmer device shaped like a smartphone — hit pharmacy shelves nationwide, the culmination of a single-minded quest that began 15 years ago and ended in a $230 million licensing deal with the French pharmaceutical giant Sanofi.


The product, called the Auvi-Q, boldly challenges the superiority of the EpiPen at a time when food allergies among children and teenagers are on the rise. Sanofi and the Edwards brothers clearly hope it will appeal to a gadget-hungry generation with its compact, rectangular design and automated voice instructions that guide a user through the injection process. Both the Auvi-Q and EpiPen contain the drug epinephrine, which can halt a severe allergic reaction, known as anaphylaxis.


Evan Edwards said the device was special because it was designed by people who were intimately familiar with patients’ needs. “This wasn’t just an invention,” he said. “This was something that I knew I was going to carry with me every single day.”


Mylan Inc., which sells the EpiPen, has recently stepped up its marketing of the device and this week showed no signs of backing down. In an interview this week, Mylan’s chief executive took issue with claims that up to two-thirds of EpiPen users do not carry their devices, saying the company would take “appropriate action” to challenge the claims.


Heather Bresch, the chief executive, said she welcomed efforts by Sanofi to raise awareness about the dangers of severe allergic reactions. “However, we certainly don’t condone or find it acceptable to do it in a misleading way, and that’s what we believe they’re doing,” she said.


A spokeswoman for Sanofi said the company stood by its claims.


Energized by their idea to create a new epinephrine device, the twins split up to attend college but geared their studies to their single-minded goal. Evan chose engineering, studying at the University of Virginia. Eric pursued a medical path, eventually earning a doctorate in pharmaceutical sciences from Virginia Commonwealth University.


“We would choose our courses out of the undergraduate bulletin,” Eric said. “You take this; I’ll take that.”


One of the courses Evan chose was an invention and design class taught by Larry G. Richards, an engineering professor at the University of Virginia, where students were encouraged to share their ideas with each other. “Evan came to us early in the semester and said, ‘I’ve got this really great idea,’ ” Mr. Richards recalled. “He told us the idea and I said, ‘Evan, this is too good to share with the students in the class. You want to protect your intellectual property here.’ ”


Working with Mr. Richards and another professor, Evan continued to refine the idea, earning a grant for college inventors that provided initial start-up financing for their project. After college, the brothers founded a company, Intelliject, to bring their idea to market, relying on early investments from family and friends.


The product evolved as the years passed, retaining its rectangular profile but picking up other features along the way. Eric had the idea of adding voice instructions to help others use the device in situations where they might be too panicked to read written instructions. A retractable needle was also added later, with the thought that patients would be more comfortable if they didn’t have to see it.


Intelliject licensed the product to Sanofi in 2009, a deal that included an initial payment of $25 million and up to $205 million in future milestone payments and royalties. The Food and Drug Administration approved the Auvi-Q last summer.


The Auvi-Q has created a stir among allergy sufferers, including bloggers and others who have praised its compact design and “cool” factor. Sanofi also cited internal market surveys that show up to two-thirds of patients do not regularly carry their epinephrine injectors, and about half of parents said they feared others would not be able to properly use their child’s injector in the event of an emergency.


“Anaphylaxis is scary enough,” Evan Edwards said, referring to the severe reaction that can be set off by allergens. “But the treatment shouldn’t be.”


Ms. Bresch, the Mylan chief executive, noted that Sanofi did not provide studies showing users would be any more likely to carry the Auvi-Q. She also cited a marketing study conducted in Canada on Sanofi’s behalf that found 84 percent of participants knew how to use an auto-injector.


“EpiPen has been tried and true for 25 years,” Ms. Bresch said, and argued that her product’s distinctive shape worked to its advantage. “It’s not easily confused with a BlackBerry or your phone in your purse or your backpack.”


Other online commenters wondered if younger children might lose the Auvi-Q because of its size. It is smaller than a deck of cards.


Sanofi has set a price for the Auvi-Q that is comparable to the EpiPen, charging $240 for two auto-injectors and a training device. Lori Lukus, a Sanofi spokeswoman, said the company’s market research indicated that a “large percentage” of insurers would cover the product.


Still, the Auvi-Q faces long odds: several other companies have tried and failed to challenge the dominance of the EpiPen. Last year, the manufacturer of the only competing products on the market, the Adrenaclick and Twinject, announced it would stop making them.


One allergy specialist, Dr. Scott H. Sicherer, said the Auvi-Q could provide an alternative for patients who have complained over the years about the EpiPen’s bulky size. He said some have already asked about it.


“People might find it easier to have that in a pocket compared to carrying a giant Magic Marker,” said Dr. Sicherer, a researcher at the Jaffe Food Allergy Institute at Mount Sinai Medical Center in Manhattan.


Still, he noted that he had seen several EpiPen competitors come and go. In the past, when he presented patients with alternatives, “the patients have mostly been more comfortable taking the EpiPen.”


This article has been revised to reflect the following correction:

Correction: February 1, 2013

An earlier version of this article used an outdated company name on first reference. It is Sanofi, not Sanofi-Aventis. The company changed its name in 2011.



Read More..

DealBook: Amid Bank's Legal Problems, Barclays Chief Gives Up Bonus

Antony P. Jenkins, the new chief executive of Barclays, said on Friday that he would forgo his bonus as the British bank struggled to rebuild its reputation after recent missteps.

British regulators are investigating new accusations that Barclays failed to properly disclose to shareholders a loan to a group of Qatari investors that gave the British bank a cash infusion during the financial crisis, according to a person with direct knowledge of the matter.

Last year, the bank disclosed that British and American authorities were investigating the legality of the payments related to the $7.1 billion cash injection to Qatar Holding, the sovereign wealth fund.

Mr. Jenkins is dealing with a series of legal headaches.

In June, Barclays agreed to pay a $450 million settlement with United States and British regulators over rate manipulation. The scandal forced a number of the bank’s top executives to resign, including the chief executive at the time, Robert E. Diamond Jr.

The British firm has also set aside $3.2 billion to cover legal costs related to the inappropriate selling of insurance to consumers. British authorities recently told the bank that it must review the sale of certain interest rate hedging products after 90 percent of a sample of the complex instruments were found to have been sold improperly. Analysts say the investigation may lead to millions of dollars of new legal costs.

With the controversy surrounding the bank, Mr. Jenkins said he did not want to be considered for a bonus that could have totaled up to $4.3 million, adding that many of the problems engulfing the bank were of its own making. The Barclays chief’s annual salary is $1.7 million.

“I think it only right that I bear an appropriate degree of accountability for those matters,” Mr. Jenkins said in a statement. “It would be wrong for me to receive a bonus for 2012.”

A spokesman for Barclays declined to comment about the investigation into potential wrongdoing connected to the loan to Qatari investors.

By giving up his bonus, Mr. Jenkins contrasts with his predecessor. Mr. Diamond was in line for a $4.3 million bonus for 2011 despite criticism about the bank’s performance. Faced with mounting opposition, Mr. Diamond and Chris Lucas, the bank’s finance director, eventually agreed to forgo half of the deferred stock payout if the British bank failed to reach a number of its financial targets.

Barclays, which will disclose details of a major overhaul of its operations when it reports earnings on Feb. 12, is expected to cut up to 2,000 jobs in its investment bank in an effort to reduce its exposure to risky trading activity, according to two people with direct knowledge of the matter.

Mr. Jenkins, who previously ran Barclays’ consumer banking business, told employees in January that they should leave the bank if they were not willing to help rebuild the firm’s reputation.

“My message to those people is simple,” Mr. Jenkins wrote in an internal note obtained by The New York Times. “Barclays is not the place for you. The rules have changed.”


This post has been revised to reflect the following correction:

Correction: February 1, 2013

An earlier version of this article indicated that the Barclays chief executive told employees earlier this month that they should leave the bank if they were not willing to help rebuild the firm’s reputation. He told them in January.

Read More..

Senate Democrats huddle on gun measures









WASHINGTON – Vice President Joe Biden met Thursday with Senate Democrats to brief the caucus about the rationale behind the administration’s recommendations on guns, arguing that, in the wake of the Newtown, Conn., shooting, the nation “will not understand if we don’t act.”


Biden seemed intent to emphasize that the most politically challenging of the initiatives he has  recommended – an assault weapons ban – was still a priority for the administration, mentioning it first in remarks to reporters afterward.


“My message was to lay out for my colleagues what our game plan was, what we thought needed to be done,” Biden said after the more than hourlong meeting. “I made the case for not only assault weapons but for the entire set of recommendations the president laid out.”





Biden said he also asked to sit down with the key parties on Capitol Hill to plot strategy going forward.


All 23 of President Obama's gun policy proposals


A day after the Senate Judiciary Committee held its first hearing on guns, the vice president said there has been a “sea change” in public opinion since the Sandy Hook Elementary School shooting, calling it the “straw that broke the camel’s back” to get the public behind gun measures for the first time in decades.


“I’m not saying there’s an absolute consensus on all these things,” he said. “But there is a sea change in attitudes of the American people. And I believe that the American people will not understand – and I know everyone in that caucus agrees with me – will not understand if we don’t act.”


Participants in the meeting said the vice president indicated he will continue to travel to make the administration’s case, as will the president. A week ago Biden traveled to Richmond, Va., to focus on the call for universal background checks, which is seen as the most likely of the slate of proposals to pass.


PHOTOS: President Obama’s past


At that time, Biden did not mention the assault weapons ban in remarks to reporters afterward, though aides said it did come up in the private discussion with officials present.


Sen. Barbara Boxer (D-Calif.) said Biden told the caucus Thursday that the administration is still behind the ban, a priority of her California colleague, Democratic Sen. Dianne Feinstein.


“He said this is something that they support. And that the reports that he’s seen have shown that it did make a difference,” Boxer said.


That remains a challenge though, even in the Democratic-controlled Senate because the Democrats must defend 21 seats in 2014.


“Until I see the bills and the language, the only thing I’m going to say is I’m a strong supporter of the 2nd Amendment. We’ve got to find a balanced approach, and I will take each amendment and bill as it comes,” said Sen. Mary Landrieu (D-La.), who will be seeking reelection next year in a deeply Republican state.


Biden maintained that while there is no way to eliminate the possibility of another mass shooting, “there are things that we can do … that have virtually zero impact on your 2nd Amendment right to own a weapon for both self-defense and recreation that can save some lives.”


“I’ve always been confident we can reach a consensus on a broad cross-section of issues that can reduce some of this violence, even knowing it will be imperfect,” said Sen. Bob Casey (D-Pa.).


Follow Politics Now on Twitter and Facebook


michael.memoli@latimes.com


twitter.com/mikememoli





Read More..

Is PlayStation 4 Nearly Here? Sony Plans Mysterious Feb. 20 Press Conference











Is the next next-generation console almost here? Wired just received an invitation to “PlayStation Meeting 2013,” a press briefing to be held in New York City on February 20, beginning at 6 p.m. Eastern time. It was accompanied by the cryptic video above and contained no further information.


With Sony heavily rumored to be announcing (and possibly releasing) its next-generation game machine this year, and with absolutely no details being offered on this out-of-the-ordinary press conference, it seems quite likely that Sony is about to debut PlayStation 4. But of course, we won’t know for sure until the day of the show.


“Sony is inviting investors and media to the Feb 20 event; that means console announcement,” wrote Wedbush game industry analyst Michael Pachter on Twitter immediately following the news.






Read More..

Tom Hardy, Noomi Rapace in talks for Soviet thriller






NEW YORK (TheWrap.com) – Tom Hardy and Noomi Rapace are in talks to star in “Child 44,” a thriller that Ridley Scott and Michael Costigan are producing for Scott Free Productions, individuals with knowledge of the deal told TheWrap. “Safe House” filmmaker Daniel Espinosa will direct from a script by Richard Price, who is adapting Tom Rob Smith‘s novel.


Set in Josef Stalin‘s Soviet Union, the story follows Leo Demidov, a disgraced intelligence agent investigating a series of child murders. The paranoid Soviet government then becomes suspicious of his investigation.






The book, the first in a trilogy, is based on the true story of Ukrainian serial killer Andrei Chikatilo.


Hardy will play the officer and Rapace his wife.


The actors will first shoot “Animal Rescue,” a drama that Michael Roskam is directing for Fox Searchlight. Hardy, fresh off a year in big films such as ‘The Dark Knight Rises,” just wrapped “Mad Max: Fury Road.” Rapace, who appeared in 2012′s “Prometheus,” will next be seen in “Dead Man Down.”


Movies News Headlines – Yahoo! News





Title Post: Tom Hardy, Noomi Rapace in talks for Soviet thriller
Url Post: http://www.news.fluser.com/tom-hardy-noomi-rapace-in-talks-for-soviet-thriller/
Link To Post : Tom Hardy, Noomi Rapace in talks for Soviet thriller
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..