Tuesday, March 17, 2009

3/17 Yahoo! News: Most Popular




Bonus furor may prompt limits on AIG bailout money (AP)
March 17, 2009 at 3:05 am

In this March 9, 2009 file photo, President Barack Obama signs an Executive Order on stem cells and a Presidential Memorandum on scientific integrity in the East Room of the White House in Washington.  That's what presidents do. They decide. Some do it better than others, but all do it. History does the grading. President Barack Obama, taking office with the economy crashing and two wars under way, barely knew his way around the Oval Office before he was neck-deep in critical decision-making.   (AP Photo/Ron Edmonds, File)AP - The White House says it's looking at restrictions on some $30 billion in taxpayers' money approved to help American International Group as the administration tries to reclaim or block millions of dollars in bonuses the struggling company awarded executives.


Texas jail was an Animal House, authorities say (AP)
March 17, 2009 at 12:48 am

This undated handout photo provided by the Montague County Sheriff shows a trustee holding area of the Montague County jail in Montague,Texas, before it was refurbished. Sheriff Paul Cunningham said he was stunned while touring the jail for the first time just hours after being sworn into office Jan. 1, 2009. Among other things, he saw what appeared to be a rack made of nails, paper towel partitions that blocked jailers' views into cells and pills scattered openly about. Cunningham, who had not worked for the county before his November election, immediately ordered the jail closed and moved the nearly 60 inmates to a nearby facility. (AP Photo/Montague County Sheriff)AP - For months, perhaps longer, the Montague County Jail was "Animal House" meets Mayberry. Inside the small brick building across from the courthouse, inmates had the run of the place, having sex with their jailer girlfriends, bringing in recliners, taking drugs and chatting on cell phones supplied by friends or guards, according to authorities. They also disabled some of the surveillance cameras and made weapons out of nails.


NFL players may have died hours after boat toppled (AP)
March 17, 2009 at 12:47 am

In this Monday March 2, 2009 photo released by the U.S. Coast Guard, former University of South Florida football player Nick Schuyler clings to the engine of an overturned boat in the Gulf of Mexico, as the U.S. Coast Guard approaches. Schuyler, Marquis Cooper, William Buckley and Corey Smith left Clearwater, Fla, on a fishing trip Saturday morning and did not return. The other three remain missing. Records from the search for two missing NFL players and two friends paint a bleak picture of what happened after their boat overturned off Tampa, Fla. (AP Photo/U.S. Coast Guard)AP - Two NFL players may have died just a few hours after their fishing boat capsized in rough seas and possibly before rescuers were even alerted that they and two others were lost off the west coast of Florida, according to Coast Guard records.


Austrian admits incest, pleads innocent to murder (AP)
March 17, 2009 at 12:44 am

Defendant Josef Fritzl hides his face behind a blue file folder prior to his trial Monday, March 16, 2009, at the provincial courthouse in St. Poelten, Austria. A man accused of imprisoning his daughter for nearly a quarter of a century and fathering her seven children repeatedly raped her in front of the youngsters, prosecutors said Monday as his trial opened in Austria.  (AP Photo/Helmut Fohringer, Pool)AP - An Austrian who fathered seven children with a daughter he held captive for 24 years refused to even speak to her for years, coming into the squalid cellar only to rape her, often in front of the youngsters, a prosecutor said Monday.


US says it shot down Iranian drone last month (AP)
March 17, 2009 at 12:43 am

U.S. Army personnel patrol during a ceremony  where the US army gave 2 bulldozers to the Baghdad  municipality, at Yarmouk joint security center of U.S and Iraqis, in Baghdad, Iraq, on Monday, March, 16, 2009. U.S. troops will not be removed from areas of Iraq that are not completely secure or where there is a high probability that attacks could resume after the Americans leave, Iraq's prime minister said Sunday.Nouri al-Maliki said in an interview with The Associated Press that he had told President Barack Obama and other top U.S. officials that any withdrawals 'must be done with our approval' and in coordination with the Iraqi government. (AP Photo/Karim Kadim)AP - U.S. jets shot down an Iranian unmanned surveillance aircraft last month over Iraqi territory about 60 miles northeast of Baghdad, the U.S. military said Monday. A U.S. statement said the Ababil 3 was tracked for about 70 minutes before U.S. jets shot it down "well-inside Iraqi airspace" and that the aircraft's presence over Iraq "was not an accident."


Obama berates AIG and vows to try to block bonuses (AP)
March 17, 2009 at 12:29 am

President Barack Obama speaks about AIG bonus payments as he makes remarks to small business owners, community lenders and members of Congress, Monday, March 16, 2009, in the East Room of the White House in Washington.  (AP Photo/Ron Edmonds)AP - Joining a wave of public anger, President Barack Obama blistered insurance giant AIG for "recklessness and greed" Monday and pledged to try to block it from handing its executives $165 million in bonuses after taking billions in federal bailout money. "How do they justify this outrage to the taxpayers who are keeping the company afloat?" Obama asked. "This isn't just a matter of dollars and cents. It's about our fundamental values."


Treasury to rework AIG aid to recoup bonuses (Reuters)
March 16, 2009 at 9:40 pm

Edward Liddy, chief executive officer of American International Insurance group (AIG), seen here in 2008. President Barack Obama Monday ripped into bailed-out company AIG, vowing to block multimillion-dollar bonus payouts by the giant insurer as public anger builds against Wall Street excess.(AFP/File/Mike Clarke)Reuters - The U.S. government will modify a planned $30 billion capital injection for American International Group Inc to try to recoup hundreds of millions of dollars in controversial bonuses, a Treasury official said on Monday.


Madagascar's president vows to resist rebel troops (Reuters)
March 16, 2009 at 7:58 pm

Madagascar's opposition leader Andry Rajoelina greets his supporters at the end of a religious service at Antananarivo's city centre March 15, 2009. Rajoelina rejected on Monday an offer by President Marc Ravalomanana to hold a referendum as a way to end the Indian Ocean island's political crisis. REUTERS/Siphiwe SibekoReuters - President Marc Ravalomanana of Madagascar has vowed to fight to the death if rebel soldiers try to drive him from power in the Indian Ocean island.


UN expert: North Korea commits widespread torture (AP)
March 16, 2009 at 7:53 pm

North Korean soldiers (facing the camera) look at southern side as a South Korean soldier (C) stands guard at the border village of Panmunjom in the demilitarized zone (DMZ) between the two Koreas, in this picture taken from the South Korean side of the truce village on March 6, 2009. REUTERS/Ahn Young-joon/PoolAP - A U.N. human rights investigator accused North Korean authorities Monday of committing widespread torture in prisons that he called "death traps."


Mexico slaps tariffs on U.S. goods in truck feud (Reuters)
March 16, 2009 at 7:51 pm

Reuters - Mexico slapped tariffs on 90 American agricultural and manufactured exports on Monday in retaliation for Washington's move to block Mexican trucks from using U.S. highways.

Cattle respond to magnetic fields from power lines (AP)
March 16, 2009 at 5:21 pm

AP - High-voltage power lines mess with animal magnetism. Researchers, who reported last year that most cows and deer tend to orient themselves in a north-south alignment, have now found that power lines can disorient the animals.

A Gay-Marriage Solution: End Marriage? (Time.com)
March 16, 2009 at 5:20 pm

The t-shirt of a activist during a gay rights rally against the Proposition 8 measure at the El Pueblo de Los Angeles park. The latest round in California's battle over same-sex marriage got under way Thursday as rights lawyers appeared before the state's highest court seeking to overturn a ban of gay weddings.(AFP/Mark Ralston)Time.com - Seeking a way out of the marriage-equality conundrum, two Pepperdine professors suggest the Federal Government get out of the business altogether


10 Winners in the Recession (U.S. News & World Report)
March 16, 2009 at 5:14 pm

A foreclosure sign stands in front of a home January 22, 2009 in Miami Beach, Florida. US President Barack Obama's recovery program is beginning to jolt the economy from recession, with credit markets thawing and consumers starting to reopen their wallets, his economic aide said Friday.(AFP/Getty Images/File/Joe Raedle)U.S. News & World Report - If there are silver linings to the recession, they're not immediately apparent. After all, the national unemployment rate is 8.1 percent, the highest since 1983, and economists predict it will reach 9 percent by 2010. Gross domestic product is forecast to shrink more this year than at any other time since the Great Depression. And across the country, stores are closing, municipal budgets are tightening, and banks are begging for bailouts.


Ex-Pa. senator convicted of 137 corruption counts (AP)
March 16, 2009 at 4:35 pm

Vincent Fumo, and his girlfriend Carolyn Zinni, center right, walk out of federal court in Philadelphia, Monday, March 16, 2009.  A jury in Philadelphia convicted the powerful former state senator of all 137 corruption counts against him. The jury in U.S. District Court found 65-year-old Fumo guilty Monday of defrauding the Senate, a nonprofit and a museum of more than $3.5 million. Other charges included destroying e-mail evidence.(AP Photo/Matt Rourke)AP - Vincent Fumo, once one of the most powerful figures in Pennsylvania politics, was convicted Monday of more than 130 counts of corruption for schemes that defrauded the state Senate and others of more than $3.5 million and helped pay for his lavish lifestyle.


Egypt to open inner chambers of 'bent' pyramid (AP)
March 16, 2009 at 4:26 pm

The crowded environment around the famous great pyramid of Giza which are surrounded by hundreds of hawkers and Cairo's buildings, is seen in this  April 14, 2007 file photo. Travellers to Egypt will soon be able to explore the inner chambers of the 4,500-year-old 'bent' pyramid, announced the Egyptian antiquities chief Monday March 16, 2009, as part of a comprehensive plan to conserve the area around the ancient monuments.(AP Photo/Amr Nabil)AP - Travelers to Egypt will soon be able to explore the inner chambers of the 4,500-year-old "bent" pyramid, known for its oddly shaped profile, and other nearby ancient tombs, Egypt's antiquities chief announced Monday.


Don Imus says he has prostate cancer (AP)
March 16, 2009 at 4:25 pm

In this Dec. 3, 2007 file photo, radio personality Don Imus addresses the audience at New York's Town Hall during his return to radio.  (AP Photo/Richard Drew, file)AP - Don Imus has prostate cancer — and confidence in a full recovery.


Fossil sea monster's bite makes T-Rex look feeble (Reuters)
March 16, 2009 at 4:13 pm

An undated handout shows an illustration of a 50 ft (15 metre) long Jurassic era marine reptile crushing a rival plesiosaur in the Jurassic ocean about 150 million years ago. A giant fossil pliosaur reptile found in the Arctic and known as Reuters - A giant fossil sea monster found in the Arctic and known as "Predator X" had a bite that would make T-Rex look feeble, scientists said Monday.


Texas jail was an Animal House, authorities say (AP)
March 16, 2009 at 4:02 pm

This undated handout photo provided by the Montague County Sheriff shows a trustee holding area of the Montague County jail in Montague,Texas, before it was refurbished. Sheriff Paul Cunningham said he was stunned while touring the jail for the first time just hours after being sworn into office Jan. 1, 2009. Among other things, he saw what appeared to be a rack made of nails, paper towel partitions that blocked jailers' views into cells and pills scattered openly about. Cunningham, who had not worked for the county before his November election, immediately ordered the jail closed and moved the nearly 60 inmates to a nearby facility. (AP Photo/Montague County Sheriff)AP - For months, perhaps longer, the Montague County Jail was "Animal House" meets Mayberry. Inside the small brick building across from the courthouse, inmates had the run of the place, having sex with their jailer girlfriends, bringing in recliners, taking drugs and chatting on cell phones supplied by friends or guards, according to authorities. They also disabled some of the surveillance cameras and made weapons out of nails.


US military shot down Iranian drone last month (AP)
March 16, 2009 at 4:00 pm

U.S. Army personnel patrol during a ceremony  where the US army gave 2 bulldozers to the Baghdad  municipality, at Yarmouk joint security center of U.S and Iraqis, in Baghdad, Iraq, on Monday, March, 16, 2009. U.S. troops will not be removed from areas of Iraq that are not completely secure or where there is a high probability that attacks could resume after the Americans leave, Iraq's prime minister said Sunday.Nouri al-Maliki said in an interview with The Associated Press that he had told President Barack Obama and other top U.S. officials that any withdrawals 'must be done with our approval' and in coordination with the Iraqi government. (AP Photo/Karim Kadim)AP - U.S. jets shot down an Iranian unmanned surveillance aircraft last month over Iraqi territory about 60 miles northeast of Baghdad, the U.S. military said Monday. A U.S. statement said the Ababil 3 was tracked for about 70 minutes before U.S. jets shot it down "well-inside Iraqi airspace" and that the aircraft's presence over Iraq "was not an accident."


Obama rejects SC gov's bid to use stimulus on debt (AP)
March 16, 2009 at 3:55 pm

In this Feb. 11, 2009 file photo, South Carolina Gov. Mark Sanford responds to questions as he explains his opposition to a proposed coal-fired power plant in Florence County during a news conference at the Statehouse in Columbia, S.C. Sanford has been the leading voice among a group of Republican governors who have criticized President Obama's $787 billion economic stimulus plan as a pork-laden effort that will plunge the country further into debt.   (AP Photo/Mary Ann Chastain, File)AP - The Obama administration on Monday rejected South Carolina Gov.


US firm to close branch due to lack of employees (AFP)
March 16, 2009 at 3:06 pm

A Filipino call center worker from the Florida, US-based Sykes Enterprises works in front of her terminal in suburban Manila in 2005. The Florida-based firm will soon close one of its North Dakota offices for a reason that seems unfathomable during the deepening US recession: it can't find enough employees to hire.(AFP/File/Joel Nito)AFP - A Florida-based firm will soon close one of its North Dakota offices for a reason that seems unfathomable during the deepening US recession: it can't find enough employees to hire.


Nigerian student gets 19 years' jail for love scam (Reuters)
March 16, 2009 at 1:59 pm

Reuters - A Nigerian undergraduate has been sentenced to 19 years in prison for obtaining $47,000 (33,382 pounds) from an Australian woman by convincing her over the Internet that he was 57 years old, white, and madly in love with her.

New test can detect early Alzheimer's: study (Reuters)
March 16, 2009 at 1:53 pm

A split-view image showing PET scans of a normal brain (L) and a brain with Alzheimer's disease. (National Institute on Aging/Handout/Reuters)Reuters - A new test can accurately detect Alzheimer's disease in its earliest stages, before dementia symptoms surface and widespread damage occurs, U.S. researchers said on Monday.


Scholar Claims Dead Sea Scrolls 'Authors' Never Existed (Time.com)
March 16, 2009 at 1:40 pm

In this file photo, the Dead Sea Scrolls are shown to Italian Deputy Premier and Culture Minister Francesco Rutelli, not pictured, during his visit at the Israel Museum, in Jerusalem, Dec. 4, 2007. (AP Photo/Gregorio Borgia)Time.com - A scholar has rocked the world of biblical study with her claim that the Essenes, long attributed as the authors of the Dead Sea Scrolls, never existed


Prosecutors will seek Madoff's wife's money too (AP)
March 16, 2009 at 12:53 pm

Bernard Madoff arrives at Manhattan federal court Thursday, March 12, 2009, in New York. (AP Photo/ Louis Lanzano)AP - Bernard Madoff's wife could theoretically claim more than $100 million in assets — and should forfeit it all, according to federal prosecutors.


Trend: Daughters Follow Dads' Footsteps (LiveScience.com)
March 16, 2009 at 12:35 pm

LiveScience.com - Women nowadays are three times more likely than those born a century ago to do what men have done for millennia - follow their father's footsteps into his line of work, a newly announced study finds.

After Dora uproar, Nick and Mattel soothe moms (AP)
March 16, 2009 at 12:18 pm

In this animated image released by Mattel/Nickelodeon, the tween version of the Nickelodeon cartoon character Dora the Explorer is shown. (AP Photo/Mattel / Nickelodeon)AP - When toy maker Mattel, working with Nickelodeon, announced earlier this month that a "tween" version of Nick's beloved "Dora the Explorer" cartoon character would be unveiled in the fall, the response was overwhelming ... overwhelmingly negative.


Swiss spider-smuggler seized on German border (AFP)
March 16, 2009 at 10:57 am

A trap-door spider is captivity. German customs officials inspecting a Swiss car got a nasty shock when they discovered 164 trap-door spiders and 45 boxes of cockroaches -- the arachnids' food for the journey, a spokesman said Monday.(AFP/File/Jean Meunier)AFP - German customs officials inspecting a Swiss car got a nasty shock when they discovered 164 large spiders and 45 boxes of cockroaches -- the arachnids' food for the journey, a spokesman said Monday.


Walking, talking female robot to hit Japan catwalk (AP)
March 16, 2009 at 10:14 am

A 'cybernetic human' HRP-4C, designed to look like an average Japanese woman, appears during its demonstration in Tsukuba, near Tokyo, Monday, March 16, 2009. The humanoid robot, having a female face and black hair and trimmed down to 43 kilograms (95 pounds), makes a debut at a fashion show later this month. (AP Photo/Koji Sasahara)AP - A new walking, talking robot from Japan has a female face that can smile and has trimmed down to 43 kilograms (95 pounds) to make a debut at a fashion show. But it still hasn't cleared safety standards required to share the catwalk with human models.


Salvadoran leftist president promises moderation (AP)
March 16, 2009 at 10:13 am

Mauricio Funes, presidential candidate of the Farbundo Marti National Liberation Front party (FMLN), waves the victory sign to supporters during his victory speech in San Salvador, Sunday, March 15, 2009. (AP Photo/Dario Lopez-Mills)AP - A leftist television journalist ushered a party of former guerrillas into power, ending two decades of conservative rule but promising Monday to unite the country after a bitter presidential campaign.


Obama plans small-business lending boost (AP)
March 16, 2009 at 10:01 am

In this March 9, 2009 file photo, President Barack Obama signs an Executive Order on stem cells and a Presidential Memorandum on scientific integrity in the East Room of the White House in Washington.  That's what presidents do. They decide. Some do it better than others, but all do it. History does the grading. President Barack Obama, taking office with the economy crashing and two wars under way, barely knew his way around the Oval Office before he was neck-deep in critical decision-making.   (AP Photo/Ron Edmonds, File)AP - Seeking to counter a chorus of unhappy Republicans and nervous Wall Street investors, President Barack Obama and his economic team are taking a cheerier tone while making billions in federal loans available to the nation's struggling small businesses.


Austrian incest father pleads not guilty to murder (AP)
March 16, 2009 at 9:44 am

Defendant Josef Fritzl covers his face prior to the start of his trial for incest on Monday, March 16, 2009, at the provincial courthouse in St. Poelten, Austria.  The trial has started Monday in Austria for Fritzl, accused of imprisoning his daughter for 24 years and fathering her seven children.(AP Photo/Helmut Fohringer, Pool)AP - An Austrian man accused of fathering his daughter's seven children as he locked her in a basement for decades pleaded guilty to incest but insisted he was innocent of murder and enslavement charges as his trial opened Monday.


Shoppers will know more about origins of food (AP)
March 16, 2009 at 9:02 am

AP - Shoppers will have more information about where their food comes from under a new policy starting Monday.

Possible therapy takes bite out of peanut allergy (AP)
March 16, 2009 at 7:53 am

AP - A handful of children once severely allergic to peanuts now can munch them without worry. Scientists retrained their bodies to tolerate peanuts by feeding them tiny amounts of the very food that endangered them.

Chaos erupts in crowd at NYC 'Top Model' auditions (AP)
March 16, 2009 at 7:28 am

In this Nov. 10, 2008 file photo, TV Personality Tyra Banks attends the 2008 Glamour Women of the Year Awards at Carnegie Hall in New York. Three people were arrested and six others hurt Saturday after bedlam broke out while they waited to audition for 'America's Next Top Model,' police said. The model competition is hosted by Banks, who also serves as its executive producer. (AP Photo/Peter Kramer, File)AP - Three people were arrested and six others hurt after bedlam broke out while they waited to audition for "America's Next Top Model," police said.


Bernanke says recession could end in 2009 (AP)
March 16, 2009 at 7:24 am

In this image taken from video and provided by CBS, '60 Minutes' correspondent Scott Pelley, left, interviews Federal Reserve Chairman Ben Bernanke in Dillon, S.C., Saturday, March 7, 2009. The interview, which airs on Sunday, March 15, is Bernanke's first one on one interview since taking office and the first interview with a sitting Federal Reserve Chairman in 20 years. (AP Photo/CBS)AP - America's recession "probably" will end this year if the government succeeds in bolstering the banking system, Federal Reserve Chairman Ben Bernanke said Sunday in a rare television interview.


Report says 3 percent in DC have HIV or AIDS (AP)
March 16, 2009 at 7:21 am

AP - A new report by D.C. health officials says that at least 3 percent of residents in the nation's capital are living with HIV or AIDS and every mode of transmission is on the rise.

Fewer teens sniffing inhalants to get high (AP)
March 16, 2009 at 6:05 am

AP - Fewer teens are sniffing glue, lighter fluid, spray paint, shoe polish and other easy-to-find substances, a government study said Monday.

Gridiron singed by Obama no-show (Politico)
March 16, 2009 at 5:25 am

US President Barack Obama delivers remarks to small business owners, community lenders, and members of Congress in the East Room of the White House in Washington. Obama Monday ripped into bailed-out company AIG, vowing to block multi-million-dollar bonus payouts by the giant insurer as public anger builds against Wall Street excess.(AFP/Paul J. Richards)Politico - No offense intended, says the Obama White House.


Calif. fight over inmate care may go to high court (AP)
March 16, 2009 at 5:21 am

An inmate, on suicide watch, is escorted by correctional officers  at the California Substance Abuse Treatment Facility in Corcoran, Calif., Wednesday, Jan. 14, 2009. A federal court-appointed receiver says the state needs to pay $8 billion to upgrade California's prison medical and mental health care. (AP Photo/Rich Pedroncelli)AP - When the quality of health care in California's sprawling prison system was first challenged in court, it seemed only a matter of time before major reforms would take hold.


Alaska's Mount Redoubt rumbles once again (AP)
March 16, 2009 at 4:31 am

In a January 27, 2009 file photo provided by the Alaska Volcano Observatory/U.S.G.S.  steam and gas rise from a large fumerole on the north flank of Mount Redoubt, a 10,197-foot volcano in the Chigmit Mountains, in Alaska.  Geologists at the Alaska Volcano Observatory Sunday increased the official alert level on the volcano to orange, the stage just before eruption.  (AP Photo/AVO,USGS)AP - Alaska's Mount Redoubt is rumbling again and geologists at the Alaska Volcano Observatory increased the official alert level to orange, the stage just before eruption.


IRS seeks $227 million in back taxes from Stanford (Reuters)
March 16, 2009 at 4:02 am

In this June 11, 2008 file photo, Sir R. Allen Stanford, poses for photos at the Lords Cricket Ground in London. Stanford and one of his top officials have asserted their Fifth Amendment right against self-incrimination in the federal government's fraud case against them and Stanford's companies, according to court documents filed Wednesday, March, 11, 2009. (AP Photo/Lefteris Pitarakis, File)Reuters - The U.S. Internal Revenue Service has asked a judge to let it to continue to seek unpaid back taxes from Allen Stanford, the billionaire Texan accused of an $8 billion fraud by U.S. regulators, court documents show.


Red Cross report describes "torture" at CIA jails (Reuters)
March 16, 2009 at 12:43 am

The International Committee of the Red Cross headquarters are seen here in Geneva. A leaked Red Cross report on CIA Reuters - The International Committee of the Red Cross concludes in a secret report that the Bush administration's treatment of al-Qaeda captives in CIA prisons "constituted torture," The Washington Post reported on Monday, citing newly published excerpts from the 2007 document.


AIG says emergency aid used to pay other banks (AP)
March 16, 2009 at 12:14 am

A woman enters an AIG office building Monday, March 16, 2009 in New York.  American International Group Inc. used more than $90 billion in federal aid to pay out foreign and domestic banks, some of whom had received their own multibillion-dollar U.S. government bailouts. (AP Photo/Mark Lennihan)AP - American International Group Inc. used more than $90 billion in federal aid to pay out foreign and domestic banks, some of whom had received their own multibillion-dollar U.S. government bailouts.


Obama, Geithner to Unveil Plan to Boost Small-Business Lending (Bloomberg)
March 16, 2009 at 12:09 am

In this Jan. 22, 2009 file photo, President Barack Obama, accompanied by Vice President Joe Biden, and retired military members, gestures in the Oval Office of the White House in Washington where he began overhauling U.S. treatment of terror suspects by signing executive orders and a presidential directive aimed at closing the Guantanamo Bay detention center.  That's what presidents do. They decide. Some do it better than others, but all do it. History does the grading. President Barack Obama, taking office with the economy crashing and two wars under way, barely knew his way around the Oval Office before he was neck-deep in critical decision-making. (AP Photo/J. Scott Applewhite, File)Bloomberg - March 16 (Bloomberg) -- President Barack Obama will use more than half the $730 million set aside by Congress to help small businesses on his plan to boost lending and resuscitate stagnant credit markets, people familiar with the matter said.


Actor Ron Silver dies in NYC at age 62 of cancer (AP)
March 15, 2009 at 10:53 pm

In this Aug. 30, 2004 file photo, actor Ron Silver speaks at the evening session of the first day of the Republican National Convention in New York. Actor Ron Silver has died in New York City after a two-year battle with esophageal cancer. The Creative Coalition Executive Director Robin Bronk says the 62-year-old, who co-founded the nonprofit, died peacefully in his sleep with his family around him early Sunday morning March 15, 2009.  (AP Photo/Joe Cavaretta, File)AP - Actor Ron Silver, who won a Tony Award as a take-no-prisoners Hollywood producer in David Mamet's "Speed-the-Plow" and did a political about-face from loyal Democrat to Republican activist after the Sept. 11 attacks, died Sunday at the age of 62.


AIG payments to banks stoke bailout rage (Reuters)
March 15, 2009 at 10:15 pm

An American International Group office building is shown in this Tuesday, Sept. 16, 2008 file photo taken in New York. American International Group is giving its executives tens of millions of dollars in new bonuses even though it received a taxpayer bailout of more than $170 billion dollars. The Treasury Department determined that the government did not have the legal authority to block the current payments by the company. A white paper prepared by the company says that AIG is contractually obligated to pay a total of about $165 million of previously awarded 'retention pay' to employees in this unit by Sunday, March 15.  (AP Photo/Mark Lennihan, File)Reuters - Goldman Sachs Group Inc and a parade of European banks were the major beneficiaries of $93 billion in payments from AIG -- more than half of the U.S. taxpayer money spent to rescue the massive insurer.



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