| Fortis Clearing Americas Hires Gerard Colagrossi and Eli Tullis Jr. to ...
NEW YORK, Dec. 27 /PRNewswire/ -- Fortis Clearing Americas (USA) LLC, a division of Fortis Merchant Banking, today announced it has hired Gerard Colagrossi and Eli Tullis Jr. as senior vice presidents to jointly lead the firm's newly established 24-hour futures execution desk. Based in Chicago, the team will seek to expand Fortis' current futures business and provide 24-hour execution for its customers. Mr. Colagrossi and Mr. Tullis will report directly to Mark Cermak, Executive Vice President of execution services at Fortis Clearing Americas. "The addition of Gerard and Eli to our expanding team of futures industry experts positions Fortis well to capitalize on current market opportunities in this space," said Mr. William Floersch, President and Chief Executive Officer of Fortis Clearing Americas.
Fame comes with a lot of baggage
Eight severe flood warnings were declared after some areas had the equivalent of a month's rain in an hour. Meanwhile, mudslides engulfed the Aberdeenshire coastal village of Pennan, famous for locations in the film Local Hero. Villagers fled in the darkness as hundreds of tonnes of waterlogged soil and silt swept down a hillside. Amazingly, the 34 residents of ten cottages in the torrent's immediate path escaped unscathed.President Mahmoud Ambadanmad of Iran was lucky to leave unscathed when he told his audience at America's Columbia University: "In Iran we don't have homosexuals like in your country. We do not have this phenomenon. I do not know who has told you we have it."The Borat of the Middle East was responding to a question about the execution of two gay men. Later, he declared his US tour a roaring success, with the New York Daily News describing him as "evil", and Colombia University's president praising him as "astonishingly uneducated".Back in Iran, two men convicted of murdering a hardline judge were hanged from cranes in a Tehran street.
Calls for easing drug sentences
Recently sentenced, he is facing 15 years' incarceration with 10 years' probation for selling $750 worth of cocaine to an informant. Like the man Gertner freed, my son was not a drug dealer. The jails are swelling with many people caught up under the guise of the three-strikes rule. It is my wish that other judges will take a stance similar to Gertner's on a case by case basis, and recognize the far-reaching impact of long-term incarcerations of those who commit these minor offenses. This arrest-and-convict statute is robbing our communities of hard-working, productive individuals who are invaluable to their families. WILLIAM WEST
Dorchester JUDGE GERTNER'S decision was a good illustration of how the recently released JFA Institute report on criminal justice policy can be implemented with the best interests of the individual and society upheld ("US prisons full, but crime, cost to taxpayers soar," Page A10, Nov.
Lotterman: There are potential economic perils if Fed lowers interest ...
The Federal Reserve's policymaking Open Market Committee meets Tuesday for the last time in 2007. It faces harder tradeoffs than any other time in many years. And whatever the committee decides, it will be years before the success or failure of the action becomes evident.General opinion seems to be that the committee will further increase the money supply to lower short-term interest rates. Many commentators use phrases like "the Fed will have no choice but to lower interest rates." This perpetuates the public's misunderstanding that the Fed is broadly able to cure economic ills and that there are no drawbacks to hefty increases in the money supply.The economy obviously is slowing. Keynesian theory, which millions learned in college economics courses and which remains the dominant mindset for the media and Wall Street, prescribes increasing the money supply when an economy slides into recession.
Game Blog from Cameron: Duke Beats State, 92-72
Hickson. Hickson went hard to the basket and was called for a charge after McClure crumpled to the basket. Hmm ... Didn't look like much of a charge to me. What did those of you who saw the replay think? 9:37 p.m.: N.C. State just put together one of its most impressive stretches of the season. After Sidney Lowe yanked Marques Johnson and put in Javi Gonzalez, the Wolfpack looked much calmer on the court. Gonzalez wasn't Chris Corchiani or anything but he did ge the Pack into its sets and make some decent passes. On one play, he drove by Nolan Smith, drew the defense into the lane and kicked left to Gavin Grant .Grant pump-faked a defender and hit a nice jumper. On the play after that, State's J.J. Hickson cradled the ball in his right arm like a football, stormed down the lane through a sea of Duke hands and laid in a basket for a 25-19 State lead (one of the Crazies behind me just read that and insisted it was a travel ...
Updated round-the-clock, with major updates after 10:00 PST (05:00 GMT ...
Musharraf, who will meet with several European leaders during his eight-day visit, said it was important for the west to understand that it has a reliable ally in Pakistan. Speaking to reporters, he said he expects from EU leaders understanding for his country's predicament and stressed that, in return, they can expect Pakistan to stay the course on democracy and the rule of law. He acknowledged that 2007 had been an extremely ''turbulent'' year for Pakistan but underlined that the country's nuclear arms remained safely in the hands of the military establishment. ''There is no chance at all of our nuclear assets falling into the wrong hands,'' he said. Musharraf will meet with French President Nicolas Sarkozy, British Prime Minister Gordon Brown and other European leaders. He will also visit the World Economic Forum in Davos, Switzerland.
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