Archive | December, 2011

University of Houston athletics foundation lost $2.2-Million in ponzi scheme

December 20, 2011

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Houston foundation hit by Ponzi scheme   Associated Press   DALLAS — A foundation that endows athletic scholarships at the University of Houston may have lost more than 40 percent of its listed assets because of investments in an alleged Ponzi scheme orchestrated by a financial adviser for college basketball coaches who committed suicide last […]

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Video: Newt Gingrich was not a fan of Hillary Clinton- remember what his mother said

December 20, 2011

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Newt Gingrich was not a fan of Hillary Clinton  

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North Korean leader Kim Jong Il dead, state TV reports

December 18, 2011

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North Korean leader Kim Jong Il dead, state TV reports CNN North Korean leader Kim Jong Il is dead, North Korean state TV said Monday. Kim, 69, died Saturday, state TV said. South Korean news agency Yonhap — which based its reporting on its monitoring off North Korean state television — said that Kim had […]

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Egyptian military police seen on video beating woman protester

December 18, 2011

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Egyptian woman beaten, exposed

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Video: Wave clouds over Birmingham, Alabama

December 18, 2011

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BREAKING NEWS: The last U.S. troops in Iraq have crossed into Kuwait, ending almost nine years of a deadly and divisive war.

December 17, 2011

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Last U.S. Troops Leave Iraq, Ending Bloodiest U.S. War Since Vietnam   The last vehicle in a convoy of the US Army’s 3rd Brigade, 1st Cavalry Division crosses the border from Iraq into Kuwait, Sunday, Dec. 18, 2011. The brigade’s special troops battalion are the last American soldiers to leave Iraq. (AP Photo/Maya Alleruzzo)   […]

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London unveiled the next generation of the famous red buses

December 17, 2011

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Boris Johnson unveils redesigned Routemaster bus for London Seven hop on hop off buses will enter service in February, as critics accuse Johnson of financing ‘vanity project’ with fare rises    Boris Johnson takes a ride on the new bus. Photograph: Luke Macgregor/Reuters     Hélène Mulholland The Guardian   Boris Johnson has shown off […]

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Brazil’s new face has no white color anymore

December 17, 2011

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Brazil’s new face has no white color anymore Lubov Lulko Pravda The white race in Brazil has found itself in the minority. Young people in the country refer to themselves to those whose blood is a mixture of different races. The idea of the biological predominance of the white race has never been popular in […]

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Moody’s: U.S. research universities can cope with federal funding cuts

December 16, 2011

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U.S. research universities can cope with federal funding cuts   Moody’s   NEW YORK– U.S. research universities have sufficient credit strength to maintain high ratings despite a weaker funding outlook, including looming cuts in federal government funding, says Moody’s Investors Service in a new report. “Except for the temporary boost provided by the 2009 stimulus, […]

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U.S. Census: Nearly 1 in 2 Americans poor or low-income

December 15, 2011

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Census: 1 in 2 people now poor or low-income Associated Press Squeezed by rising living costs, a record number of Americans — nearly 1 in 2 — have fallen into poverty or are scraping by on earnings that classify them as low income. The latest census data depict a middle class that’s shrinking as unemployment […]

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