Commonwealth Bank of Australia CEO apologies for financial planning scandal

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Commonwealth Bank of Australia CEO apologies for financial planning scandal
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Thursday, July 3, 2014

Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.

Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).

Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.

In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”

An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.

Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.

Posted on January 17th 2019 in Uncategorized

State Farm Insurance allegedly destroying papers

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State Farm Insurance allegedly destroying papers
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Tuesday, April 11, 2006

Zach Scruggs, a lawyer for United States Senator Trent Lott, says that State Farm Insurance Company is destroying records related to claims for damage from Hurricane Katrina.

The records allegedly contain information saying that State Farm fraudulently denied insurance claims made by its policy holders, including Lott, that had homes there were damaged or destroyed when Hurricane Katrina came ashore on the Gulf Coast.

Scruggs said that Lott has “good faith belief” that many employees of the insurance company in Biloxi, Mississippi are destroying engineer’s reports that were inconclusive as to whether or not water or wind was the main cause of damage to the buildings affected by the hurricane.

Lott is among thousands of home and/or business owners who had their property damaged or destroyed during the hurricane and had their claims denied because State Farm claimed that their policies don’t cover damage caused by floods or water that was driven by the wind.

State Farm has not issued a statement on the matter so far.

Posted on January 17th 2019 in Uncategorized

Glasgow cannabis enthusiasts celebrate ‘green’ on city green

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Glasgow cannabis enthusiasts celebrate ‘green’ on city green
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Tuesday, April 22, 2014

Coinciding with Easter Sunday, Glasgow Cannabis Social Club’s annual 420 event was held on Glasgow Green, under sunny blue skies, and overlooking the river Clyde. Despite the city’s council attempting to revoke permission for the gathering at the last minute, police were happy for it to go-ahead with approximately a dozen officers attending in high-visibility vests.

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The Daily Record reported five arrests were made for minor offences, likely smoking and possession of small quantities of cannabis. Taking a less-sensational — and more accurate — line of reporting, the Monday edition of Glasgow’s Evening News stated five were referred to the Procurator Fiscal who is responsible for deciding if charges should be brought.

Official figures provided by the police were that 150 attended. With people coming and going, Wikinews reporters estimated upwards of 200 attended, compared to nearly 700 who had signed up for the event on Facebook. Hemp goods were advertised and on sale at the event, and some attendees were seen drinking cannabis-themed energy drinks.

“I was searched and charged under the Misuse of Drugs Act (which is a lot of bollocks)” one attendee noted online, adding “not fair to happen on a brilliant day like it was, other than that I had a great day!” A second said they were openly smoking and ignored by police, who “were only really focusing on people who looked particularly young”.

Cannabis seeds were openly and legally sold at the event and a hydroponics supplier brought a motortrike towing an advertising trailer. Actually growing cannabis is, however, illegal in the UK.

With the event openly advocating the legalisation of cannabis, speakers put their arguments for this to a receptive crowd. Retired police officer James Duffy, of Law Enforcement Against Prohibition, spoke of the failed United States alcohol prohibition policy; stressing such policies needlessly bring people into contact with criminal elements. Highlighting other countries where legalisation has been implemented, he pointed out such led to lower crime, and lower drug use overall.

One speaker, who produced a bottle of cannabis oil he had received through the post, asserted this cured his prostate cancer. Others highlighted the current use of Sativex by the National Health Service, with a cost in-excess of £150 for a single bottle of GW Pharmaceuticals patented spray — as-compared to the oil shown to the crowd, with a manufacturing cost of approximately £10.

Similar ‘420’ pro-cannabis events were held globally.

Posted on January 17th 2019 in Uncategorized

Evacuated Bristol families return home

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Evacuated Bristol families return home
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Monday, April 21, 2008

Families who were evacuated in Bristol, United Kingdom have been allowed to return home. This move by the police comes two days later than that reported by the BBC.

Avon and Somerset police recently released a statement on this issue, part of which is available below:

Most of the people evacuated from the Comb Paddock area of Bristol following an arrest under the Terrorism Act have this afternoon returned to their homes.

Only three households – those closest to the home of the 19-year-old man who was arrested – remain unable to return at this time, and those people are staying with friends and relatives.

A full forensic examination of the 19-year-old’s home is continuing and this is likely to take several days to complete.

This move comes after Avon and Somerset police arrested a man in the Westbury on Trym area of the city on suspicion of terrorism.

Posted on January 16th 2019 in Uncategorized

Most complete dinosaur from Britain goes on display

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Most complete dinosaur from Britain goes on display
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Saturday, June 14, 2008

Bristol, United Kingdom —The most complete dinosaur to be found in the United Kingdom has recently been put on public display. The scelidosaurus dinosaur was discovered on the Dorset coast, from which it was moved to Bristol City Museum & Art Gallery for public display. The director of Geology for the museum said, before the display was opened to the public, that “this is certainly a coup for Bristol.” He then said that the museum was “pleased to have these outstanding specimens, [as] they are the best-preserved dinosaur remains ever found in England.”

Large numbers of people have visited the museum in the last few days to see the dinosaur, which is believed to have died in a flood. The remains of the dinosaur’s final meal are visible near the neck of the animal.

The children of the dinosaur were also recovered in Dorset, and they have been included in the display at the Bristol museum.

The scelidosaurus was a herbivorous dinosaur that lived in the Jurassic period, almost 200 million years ago.

Posted on January 16th 2019 in Uncategorized

Eurovision ’73 winner Anne Marie David discusses her four-decade career and the Contest, past and present

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Eurovision ’73 winner Anne Marie David discusses her four-decade career and the Contest, past and present
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Monday, February 16, 2009

In the 1970s, she was one of the most popular female vocalists in France, and became well-known internationally. Anne Marie David, from Arles in the south of France, parlayed her initial success from playing Mary Magdalene in the French production of Jesus Christ Superstar into taking home the “grand prix” at the Eurovision Song Contest in 1973. Her winning song, “Tu te reconnaîtras” (You will recognize yourself), became a Europe-wide hit that spring.

At the height of her popularity, David perfomed world tours, and even lived abroad in Turkey for a time. In 1979, she tried once again to win the Eurovision, and placed a respectable third. Her song “Je suis l’enfant soleil” (I’m a child of the sun) became similarly popular across France and in the Francophone nations.

As time went on, however, her place in the French music scene became less certain. Touring the world had taken a personal toll, and David decided to retire from music completely in 1987. However, with the help of her fan base, she was coaxed out of retirement in 2003 and is returning to a part of her life that she tried to leave, but never left her. Celebrating four decades in the music scene, David is looking forward to adventurous new projects and a newfound zest for life.

Anne Marie David corresponded with Wikinews’ Mike Halterman about her eventful career, her personal anecdotes regarding living abroad, her successes in past Eurovision contests and her grievances with the way the show is produced today. This is the second in a series of interviews with past Eurovision contestants, which will be published sporadically in the lead-up to mid-May’s next contest in Moscow.

Posted on January 16th 2019 in Uncategorized

US Senator Harry Reid announces he will not seek re-election

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US Senator Harry Reid announces he will not seek re-election
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Sunday, March 29, 2015

Harry Reid, Democratic Senator and current Senate Minority Leader, announced on Friday he will not run for re-election next year. Reid has represented the state of Nevada in the Senate since 1987. He has endorsed Senator Charles Schumer of New York to replace him as Democratic senate leader.

The announcement follows months of rumours regarding the senator’s retirement. Reid had denied that he would retire on numerous occasions, even after the rumours strengthened after he seriously injured himself exercising on January 1. The 75-year-old hurt ribs and an eye, suffering problems with his vision after the accident.

To the Los Angeles Times, Reid spoke about his endorsement of Charles Schumer to replace him. He said “Schumer, in 22 months, if he plays his cards right, should be able to do it[…] I told him if you need my help, you got it.” Another Senator talked about as a possible replacement is Dick Durbin, Senator from Illinois.

Reid made the announcement in a video. He said “The decision I made has absolutely nothing to do with my injury, and it has nothing to do with my being majority leader, and it certainly has nothing to do with my ability to be reelected, because the path to reelection is much easier than it probably has been any time that I’ve run for re-election”.

While Reid was giving a radio interview to Nevada Public Radio, President Barack Obama called in to pay tribute to the Senator. He said “Harry is unique and he’s got that curmudgeonly charm that is hard to replace. I’m going to miss him. But the good thing is that I’m going to leave this place at the same time.”

Reid is to serve the remaining 22 months of his term through the end of 2016. He served in the Senate from 1987, and before that in the House from 1983. He has held the position of Senate Democratic leader since 2005.

Posted on January 14th 2019 in Uncategorized

Auto Body Paint Eudora Ks Is Perfection

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byAlma Abell

When the car has been damaged it almost feels like our world has been damaged, and particularly if we value the car as a significant part of our life. Sometimes the car represents who we are or want to be. It is a sick feeling to see your car kind of crumpled up in spots or in most spots.

There are paint and bump shops that still have the old style of repairing a car that has been in a collision. These shops are most often void of any high-tech equipment, and they just straighten out the sheet metal and paint the damaged part while hoping that the paint matches. These shops do not always have the equipment to align the complicated wheel alignment that our modern cars have.

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Damaged cars need to be taken to an Auto Body Paint Eudora KS facility that has all of the high-tech equipment to straighten frames such as the Chief Automotive Measuring System. This system uses specialized software which has incorporated all of the OEM measurements and specifications so the system will straighten frames and unibody with complete accuracy.

The high-tech wheel force equipment is the most modern wheel alignment equipment available. It is a computerized system and it recalibrates every time it is utilized. This recalibration eliminates the chance of computer malfunction so it can produce the most accurate alignment readings available.

Factory specified spot welding is available at Auto Body Paint Eudora KS to restore your car to its original structure and appearance. There is no guess work about where the welding should be located and how much welding should be done.

Auto glass repair or replacement is a specialty and the services include:

  • Chip and crack repair
  • Windshield replacement
  • Window replacement
  • Mirror replacement

The chip and crack repair is performed by specialists who know how to restore the glass to its original appearance and it is a safe glass repair from the owner’s perspective because the glass is just as good as the factory OEM glass.

Every vehicle is accorded the utmost care and treated with the same effort and talent as any other vehicle in the shop. Every customer is highly valued and their vehicle will speak for the high quality of service provided to repairing it.

For more information, click here.

Posted on January 14th 2019 in Cars

US Department of Housing and Urban Development to provide housing for Katrina refugees

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US Department of Housing and Urban Development to provide housing for Katrina refugees
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Friday, September 2, 2005

The United States Department of Housing and Urban Development (HUD) will make many of their marketable housing properties in the southeastern United States and elsewhere available to hurricane refugees. HUD Secretary Alphonso Jackson said that an “overwhelming” response from government and private officials would make housing available as soon as the middle of next week. HUD housing centers as far away as Philadelphia and Detroit would be making properties available. HUD is considering offering these properties to displaced persons regardless of their income and allowing the refugees to use the properties for up to one year.

Posted on January 14th 2019 in Uncategorized

Eleventh Docudays UA concludes

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Eleventh Docudays UA concludes
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Monday, March 31, 2014

The Eleventh International Human Rights Documentary Film Festival Docudays UA, in Kyiv, Ukraine, ended on Friday.

The Awards Ceremony was held in the Red Hall of the Kyiv Cinema House. There were 36 documentary films competing for prizes in three festival programs: DOCU/Short, DOCU/Right, DOCU/Life. There were also special prizes from Students’ Jury, Audience Award, and the Andriy Matrosov Award from Docudays UA Organizing Committee.

The special guest of the Awards Ceremony was a symbol of the festival — Nikita Mikhalko. He is featured on the official posters of the festival. Nikita was on Maidan Nezalezhnosti on February 19, in the morning. The picture of him was chosen by the organizers as the “image that would deliver the spirit of our [Docudays UA] festival to the best of its possible might”. The piece of movie where he is taking tangerines from a woman that morning has become the official trailer of the festival. The episode is featured in the opening film of the festival Euromaidan: Rough Cut. Thus Nikita and his burning glasses have become the symbols of the festival. The organizers decided to find out who the symbol of the festival was, and if he was alive. They have started looking for him and luckily, they were able to ask him to come as a special guest of the Awards Ceremony. Nikita had the opportunity to say on the microphone, “Slava Ukraini” (Glory to Ukraine), and have the whole hall hollering back at him, “Heroiam Slava” (Glory to the Heroes).

The Eleventh Docudays UA Winners are (in the order of awarding):

Audience Award

The Audience Award went to Joanna, directed by Aneta Kopacz, Poland, 2013.

Student’s Jury Award

The Students’ Jury Award went to Tucker and the Fox, directed by Arash Lahooti, Iran, 2013, awarded for “an optimistic story about a life-long passion”.

DOCU/Short

Joanna, directed by Aneta Kopacz, Poland, 2013, received special mention. The jury chose it for “filmmaker’s ability to be both intimate and discreet”

Mom, directed by Lidia Sheinina, Russia, 2013, received special mention for “ability of the filmmaker to find in the closed world of one apartment ‘things that quicken the heart'”.

The main prize went to Liza, Go Home!, directed by Oksana Buraja, Lithuania, Estonia, 2012. The film was awarded for “filmmaker’s poetic sensibility and respect for other humans’ secrets”.

Andrei Zagdansky, a Ukrainian-American, was awarding. The other two members of the jury were Victoria Belopolskaya of Russia, and Stéphanie Lamorré of France.

DOCU/Right

No Fire Zone: The Killing Fields of Sri Lanka, directed by Callum Macrae, UK, 2013, received special mention. The film was awarded for “the powerful use of video advocacy in global awareness-raising and opinion-shaping regarding the mass murders of civilians belonging to a Tamil minority in Sri Lanka”.

Captain and His Pirate, directed by Andy Wolff, Belgium, Germany, 2012, received special mention for “exceptional courage of the film crew and an outstanding presentation of international piracy phenomenon as presented by a victim and his prison guard”.

The main prize went to Mother’s Dream, directed by Valerie Gudenus, Switzerland, 2013. The jury awarded the film for “a highly sensitive, empathic, and artistic presentation of a controversial and socially resonant human rights problem, affecting the fates of women and children globally”.

Natalka Zubar of Ukraine announced the winners. The other two members of the jury were Andrzej Poczobut of Belarus, and Oksana Sarkisova of Hungary.

DOCU/Life

Crepuscule, directed by Valentyn Vasyanovych, Ukraine, 2014, received special mention. The film was awarded for “a visually and emotionally superior depiction of human resilience, sensibility, and interdependence”.

Night Labor, directed by David Redmon and Ashley Sabin, USA, Canada, 2013, received special mention for “a provocative, atypical, allegorical description of industrial work and personal freedom”.

The main prize went to The Last Limousine, directed by Daria Khlestkina, Russia, 2014, awarded for “a dignified, compassionate portrayal of state-factory workers lost in transition, but not in humanity”. The jury mentioned the film was perfectly casted.

The whole jury was present: Boris Miti? of Serbia, Chris McDonald of Canada, and Simone Baumann of Germany.

Andriy Matrosov Award from the Docudays UA Organizing Committee

The Andrey Matrosove Award went to A Diary of a Journey, directed by Piotr Stasik, Poland, 2013.

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People are gathering. Image: Antanana.

A queue is forming. Image: Antanana.

The Red Hall of the Kyiv Cinema House. Image: Antanana.
The hosts of the event are the journalists Andrii Saichuk and Nataliia Humeniuk. Image: Antanana.
Nataliia Humeniuk, translator and photographer. Image: Antanana.
Nikita Mikhalko is featured on the festival poster and trailer. Image: Antanana.
The festival gift shop team is giving the Audience Award. Image: Antanana.
The film Joanna (director Aneta Kopacz, Poland, 2013) is awarded. Image: Antanana.
The representative of Aneta Kopacz is taking the prize. Image: Antanana.
The Students’ Jury: Viktor Kylymar, Oleksandr Shkrabak, Halia Vasylenko, Petro Vyalkov, Tetyana Chesalova. Image: Antanana.
Tucker and the Fox (director Arash Lahooti, Iran, 2013) is awarded. Image: Antanana.
The googles would help him to film even more. Image: Antanana.
The Festival diploma. Image: Antanana.
The cobblestone from Maidan Nezalezhnosti is the main festival trophy. Image: Antanana.
The trophy goes to Iran. Image: Antanana.
Andrei Zagdansky (Ukraine) announces the winners for DOCU/Short. Image: Antanana.
The first special mention: Joanna (Aneta Kopacz, Poland, 2013). Image: Antanana.
The representative of the director. Image: Antanana.
The 2nd special mention: Mom (director Lidia Sheinina, Russia, 2013). Image: Antanana.
Main prize: Liza, Go Home! (director Oksana Buraja, Lithuania, Estonia, 2012). Image: Antanana.
The journalist, director Natalka Zubar. Image: Antanana.
Special mention: No Fire Zone: The Killing Fields of Sri Lanka (director Callum Macrae, UK, 2013) Anthem of Ukraine. Image: Antanana.
Special mention: Captain and His Pirate (director Andy Wolff, Belgium, Germany, 2012). Image: Antanana.
Main prize: Mother’s Dream (director Valerie Gudenus, Switzerland, 2013). Image: Antanana.
Ambassador of Switzerland to Ukraine Christian Schoenenberger is taking the prize. Image: Antanana.
Chris McDonald (Canada), Simone Baumann (Germany). Image: Antanana.
Special mention: Crepuscule (director Valentyn Vasyanovych, Ukraine, 2014). Image: Antanana.
Boris Miti? (Serbia), Simone Baumann. Image: Antanana.
Special mention: Night Labor (directors David Redmon and Ashley Sabin, USA, Canada, 2013). Image: Antanana.
Main prize: The Last Limousine (director Daria Khlestkina, Russia, 2014). Image: Antanana.
The Last Limousine. Image: Antanana.
Daria Khlestkina. Image: Antanana.
The cobblestone from Maidan Nezalezhnosti is taken to Moscow. Image: Antanana.
Andriy Matrosov Award from the Organizing Committee. Image: Antanana.
A Diary of a Journey (director Piotr Stasik, Poland, 2013) is awarded. Image: Antanana.

After the ceremony The Last Limousine, the winning film of DOCU/Life program, was screened.

The festival was first held in 2003, called at that time Docudays on Human Rights. In 2006 the festival was accepted as part of the international Human Rights Film Network at the International Documentary Film Festival Amsterdam. It is usually held during the last week of March.

Posted on January 14th 2019 in Uncategorized