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 […]
Archive | December, 2011
Video: Newt Gingrich was not a fan of Hillary Clinton- remember what his mother said
December 20, 2011
Newt Gingrich was not a fan of Hillary Clinton
North Korean leader Kim Jong Il dead, state TV reports
December 18, 2011
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 […]
Egyptian military police seen on video beating woman protester
December 18, 2011
Egyptian woman beaten, exposed
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
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) […]
London unveiled the next generation of the famous red buses
December 17, 2011
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 […]
Brazil’s new face has no white color anymore
December 17, 2011
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 […]
Moody’s: U.S. research universities can cope with federal funding cuts
December 16, 2011
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, […]
U.S. Census: Nearly 1 in 2 Americans poor or low-income
December 15, 2011
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 […]


December 20, 2011
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