voip equipment



Sourcefire® Delivers Same Day Protection for Microsoft Tuesday Vulnerabilities

Sourcefire Vulnerability Research Team Protects Users from Latest Microsoft Windows Vulnerabilities

Open source innovator and SNORT® creator, Sourcefire, Inc. (Nasdaq:FIRE), a leader in Enterprise Threat Management, today announced that the Sourcefire Vulnerability Research Team (VRT) has delivered rules to protect Sourcefire customers and Snort users from Microsoft vulnerabilities announced today. These vulnerabilities impact Microsoft Windows, Internet Explorer and Microsoft Office.

"This week at the annual RSA conference a lot of companies are talking about protecting against vulnerabilities, but relatively few actually provide end-users with the tools to proactively protect their assets," said Matt Watchinski, Director of the Sourcefire Vulnerability Research Team. "Sourcefire is dedicated to not only providing our customers with immediate protection against known vulnerabilities, but also providing them with the technology to safeguard their most critical assets and information against even unknown threats that may be currently targeting their environment."

Following Microsoft's disclosure earlier today, the Sourcefire VRT created, tested and delivered Snort rules designed to detect attacks targeting the Microsoft vulnerabilities listed below. These new rules are included in the latest Sourcefire Security Enhancement Update (SEU) released today.
Microsoft Security Bulletin MS08-021 – Critical vulnerabilities in GDI could allow remote code execution if a user opens a specially crafted EMF or WMF image file. An attacker who successfully exploited these vulnerabilities could take complete control of an affected system.
Microsoft Security Bulletin MS08-022 – A critical vulnerability in the VBScript and JScript scripting engines in Windows could allow an attacker who successfully exploited it to take complete control of an affected system.
Microsoft Security Bulletin MS08-023 – A critical vulnerability in Yahoo! Music Jukebox could allow remote code execution if a user viewed a specially crafted Web page using Internet Explorer.
Microsoft Security Bulletin MS08-020 – An important vulnerability in Windows DNS clients could allow an attacker to send specially crafted responses to DNS requests, thereby spoofing or redirecting Internet traffic from legitimate locations.
Microsoft Security Bulletin MS08-019 – An important vulnerability in Microsoft Office Visio could allow remote code execution if a user opens a specially crafted Visio file. An attacker who successfully exploited this vulnerability could take complete control of an affected system.

About the Sourcefire VRT

The Sourcefire VRT is a group of leading edge intrusion detection and prevention experts working to proactively discover, assess and respond to the latest trends in hacking activities, intrusion attempts and vulnerabilities. This team is also supported by the vast resources of the open source Snort community, making it the largest group dedicated to advances in the network security industry.

About Sourcefire

Sourcefire, Inc. (Nasdaq:FIRE), Snort creator and open source innovator, is a world leader in Enterprise Threat Management (ETM) solutions. Sourcefire is transforming the way Global 2000 organizations and government agencies manage and minimize network security risks with its 3D Approach – Discover, Determine, Defend – to securing real networks. The Sourcefire 3D™ System is the first to unify IPS, NBA, NAC and Vulnerability Assessment technologies under the same management console. This ETM approach equips customers with an efficient and effective layered security defense – protecting network assets before, during and after an attack. Through the years, Sourcefire has been consistently recognized for its innovation and industry leadership by customers, media and industry analysts alike – with more than 30 awards and accolades. Today, the names Sourcefire and founder Martin Roesch have grown synonymous with innovation and network security intelligence. For more information about Sourcefire, please visit http://www.sourcefire.com.

SOURCEFIRE®, SNORT®, the Sourcefire logo, the Snort and Pig logo, SECURITY FOR THE REAL WORLD™, SOURCEFIRE DEFENSE CENTER™, SOURCEFIRE 3D™, RNA™, DAEMONLOGGER™, CLAMAV™, SOURCEFIRE SOLUTIONS NETWORK™, and certain other trademarks and logos are trademarks or registered trademarks of Sourcefire, Inc. in the United States and other countries. Other company, product and service names may be trademarks or service marks of others.

Contacts

Sourcefire, Inc.
Investor Contact:
Tania Almond, Investor Relations Officer
410-423-1919
tania.almond {at} sourcefire(.)com
or
Media Contact:
Welz & Weisel Communications
Tony Welz, Principal
703-218-3555 x226
tony {at} w2comm(.)com

Friday, May 9, 2008

Phil Mickelson Expected to Debut Callaway Golf’s® New I-MIX™ Technology at Augusta

Two-Time Masters Champion to Add Innovative Adjustable Club Technology to His Golf Bag at Augusta National

Phil Mickelson's quest to add a third green jacket to his wardrobe may begin with a groundbreaking change in equipment strategy. During his Tuesday morning press conference at Augusta, the Callaway Golf Staff Professional is expected to announce that he'll be adding the Company's new I-MIX interchangeable driver system to his arsenal of weapons this week at the Masters. Mickelson used the I-MIX Driver in practice rounds last week at the Shell Houston Open and was very pleased with the results. The news comes as Callaway Golf's much anticipated I-MIX Technology prepares to enter the marketplace amid a buzz of demand.

Callaway Golf's new I-MIX Technology pairs interchangeable heads and shafts to provide professional and every day golfers the ultimate in driver customization and personalization. The new technology, which capitalizes on the U.S. Golf Association and Royal & Ancient's rule change on club adjustability, allows golfers to reconfigure drivers to face the unique challenges and conditions of their scheduled rounds. I-MIX combines the features of Callaway Golf's top-selling FT-5 and FT-i Driver heads with over 70 shafts, offering more than 1,600 clubhead/shaft combinations—more than any other system in the industry.

"No one's swing is the same from day-to-day – neither are the weather or the course conditions," said Jeff Colton, Senior Vice President of Research and Development for Callaway Golf. "Our I-MIX technology allows players to quickly and easily customize their equipment, every time they play."

Mickelson is not the first Tour Professional to utilize this new technology. Callaway Golf Staff Professional and World No. 3 ranked golfer, Ernie Els, recently used the I-MIX system at the Dubai Desert Classic, a European PGA event. Els customized an FT-i Driver for the final two rounds and was also pleased with Callaway Golf's latest innovative creation.

In addition to the clubhead and shaft options, I-MIX Technology includes Callaway Golf's Opti-Fit® Weighting System, which lets golfers choose a Draw or Neutral center of gravity (CG) position to help counteract their most common swing flaws for longer and straighter drives.

Golfers can visit www.callawaygolf.com/imix for more information, as well as clubhead/shaft combination tips for specific course and weather conditions. For online custom fitting, visit www.callawaygolf.com/netfits. Callaway Golf I-Mix Technology will be available at select golf retail outlets nationwide and at www.shop.callawaygolf.com. The Manufacturer's Suggested Retail Prices for the FT-5 and FT-i clubheads are $435 and $500 respectively, prices for shafts range from $185 to $435. Photography available upon request.

Callaway Golf's I-MIX system offers a solution for most every condition met during the course of play:
Hot: A driver clubhead with less loft and/or a stiffer shaft may improve launch conditions.
Windy: A driver clubhead with less loft and/or a heavier shaft can result in a more penetrating ball flight.
Cold: A driver clubhead with more loft and/or a lighter, more flexible shaft may improve launch conditions.
Wet, Soft Fairways: A driver clubhead with more loft and/or a more flexible shaft can increase carry yardage.
Dry, Hard Fairways: A driver clubhead with less loft and/or a stiffer shaft provides a flatter ball flight resulting in more roll.
Short & Tight Course Position: A shorter and/or heavier shaft offers more control.
Long & Open Course Position: A longer and/or lighter shaft can increase clubhead speed resulting in extra distance.

About Callaway Golf

Through an unwavering commitment to innovation, Callaway Golf Company (NYSE: ELY) creates products and services designed to make every golfer a better golfer. Callaway Golf Company manufactures and sells golf clubs and golf balls, and sells golf accessories, under the Callaway Golf®, Odyssey®, Top-Flite®, and Ben Hogan® brands in more than 110 countries worldwide. For more information please visit www.callawaygolf.com or www.Shop.CallawayGolf.com

Contacts

Callaway Golf
Tim Buckman, 760-804-4133
tim.buckman {at} callawaygolf(.)com

Bsecure Technologies Adds RuleSpace Rating Systems to Enhance Website Categorization


RSA Conference 2008
Booth 2827

Bsecure Technologies, Inc. announced a new partnership with RuleSpace, LLC to power the categorized content databases and dynamic rating systems for Bsecure's safe surfing services.

Bsecure will integrate RuleSpace in all of its managed security services, including the new D-Link Securespot™ 2.0 services. Securespot services are currently offered through the D-Link DSD-150 security device and through the popular D-Link DIR-625 RangeBooster™ N Router, providing comprehensive security for today's digital home.

"We're thrilled to work with the highly regarded team at RuleSpace," says Bsecure's CEO David Haadsma. "It's very important to Bsecure to provide the best possible family protection. We've found RuleSpace to be the most accurate, all-inclusive, and globalized categorization technology available anywhere," Haadsma says.

James Dirksen, VP of Operations at RuleSpace says, "The Bsecure product is the most comprehensive home security device we've seen on the market. Bsecure Technologies' multi-tiered architecture and ability to deliver security in-depth, is industry leading."

Bsecure will demonstrate the Securespot all-in-one security and parental control services this week at the RSA Security Conference in San Francisco. The company's exhibit will be located in booth 2827.

About Bsecure Technologies, Inc.

Bsecure Technologies, Inc. of Fort Walton Beach, Florida provides an easier, faster and safer way to protect both families and their networks from Internet threats. Bsecure's unique Web 2.0 managed service security solutions enables top home networking OEM and broadband service providers to white label and easily integrate managed security and parental control services into their existing CPE. Bsecure embeds its small footprint, high performance firmware on residential gateways and routers in a turnkey package that delivers affordable, professional grade, "whole home" security to the consumer space. To learn more, please visit www.bsecure.com.

About RuleSpace

RuleSpace is the world’s leading provider of OEM categorization technology, providing the fastest, most accurate categorization solutions available. RuleSpace solutions are used to power Parental Controls for ISPs and Mobile Data Providers, Enterprise and School Internet Access Control, Safe Search, and Contextual Advertising. RuleSpace offers URL databases, real-time recognition solutions, and human editorial services; and its solutions currently offer protection to over 170 million users worldwide. RuleSpace LLC is a privately held company headquartered in Beaverton, Oregon, with additional offices in Europe. With deployments on five continents, RuleSpace is the parental control technology of choice for more ISPs than any other real-time, continuous protection in 17 languages and across eighty categories. Since 1996, RulesSpace has pioneered and leads the market in providing technologies that address the ever-changing requirements of the Internet. For more information, please visit the company's web site at www.rulespace.com.
Contacts

Bsecure Technologies, Inc.
Mike Bass, 831-480-2645

SpeakerCraft Invents iPhone®/iPod Touch® Compatible Multi-room Control Interface

Control and Distribution Through Unique Wireless GUI Now Available

SpeakerCraft, America's original manufacturer of in-wall speakers is pleased to announce the release of a new interface for its award-winning MODE multi-room A/V control system. It allows the Apple iPhone or iPod Touch to be used as a wireless remote with control of all sources and routing accessed on the touch screen through an intuitive GUI.

The system operates through the home's wireless data network via a wired port on the user's wireless router. "The connection is very easy to set up and there is little or no additional programming required by the installer," says Jason Craze, SpeakerCraft's Director of Engineering. "A person can literally walk through their front door, press a single virtual button on the iPhone touch screen and have access to all of their system's control functions."

"You can have an unlimited number of iPhones operating your system and even have two simultaneously operating in multiple zones," said Jeremy Burkhardt, SpeakerCraft's president. "This is an amazing mass market opportunity for the CEDIA channel."

The colorful interface features large virtual buttons, making it easy to view and operate. iPhone users will find the interface shares the look and feel of other iPhone functions and therefore presents little or no learning curve.

The interface is generated through an embedded web server residing on a chip inside SpeakerCraft's ERS 1.0 Ethernet to serial adapter. The interface is accessed through the iPhone's Safari browser. This means there is no time wasted downloading or installing an application on the iPhone itself. The ERS also contains a version of the interface designed to display and operate on a standard PC or Mac. This offers the user the option to control the system from the iPhone/iTouch or any PC on the network.

"This is another powerful addition for SpeakerCraft dealers," Burkhardt continued. "They will now be able to offer their customers the easiest systems to use in the industry. Our current relationship with Apple, which allows us to control and display metadata from the iPod, has already dramatically enhanced our control offering. This latest development, utilizing the Safari browser on the iPhone or iPod Touch to control the system, will expand SpeakerCraft's control offering even further. I hate to say it, but this is the beginning of the end for keypads. Soon any keypad that isn't emulated on a device like the iPhone will be obsolete."

The ERS 1.0 with the embedded software has an MSRP of $1,000.

SpeakerCraft, established in 1976, devoted itself for more than a decade to the design and development of architectural loudspeakers and became known as the prime OEM for many well-known, in-wall speaker brands in the field. In marketing its own brand, now one of the widest lines of architectural speakers and electronics in the industry, SpeakerCraft brings with it years of experience and a dedication to dealer satisfaction.

For further information about SpeakerCraft and its products, contact Dave Donald, V.P. of Marketing, at ddonald {at} speakercraft(.)com. You may visit SpeakerCraft on their website at www.speakercraft.com. Or contact SpeakerCraft, Inc., at 940 Columbia, Riverside, CA 92507. Phone: 800-448-0976, Fax 951-787-8747.
Contacts

SpeakerCraft
Dave Donald, V.P. of Marketing, 951-787-0542
ddonald {at} speakercraft(.)com

AIRCOM packs into Malaysia

AIRCOM International selected to provide WiMAX network planning and optimisation support to Packet One International across Malaysia.

WiMAX Forum Congress Asia, Singapore – AIRCOM International, the leading independent mobile network planning and optimisation consultancy, has been appointed by Malaysia's Packet One International, to provide planning support to its WiMAX network. Packet One has chosen AIRCOM's ASSET tool to help plan and optimise the network, prior to a full roll out later in the year, making it one of the first to commercially deploy one of the largest WiMAX networks on the 2.3Ghz spectrum in the world.

ASSET is AIRCOM's state of the art network planning and optimisation tool. It will allow Packet One to accurately design, model and deliver planning services across the entire WiMAX network and therefore design the network more effectively. Using data taken from ASSET, Packet One will be better able to plan CAPEX investments required for the network roll out and tailor future offerings to suit market needs.

"We want to provide our customers with a wireless infrastructure that delivers high-quality nationwide coverage across Malaysia." says Diong Kah Seng, Senior Manager at Packet One International. "Our experience with AIRCOM's planning tools for existing technologies has been excellent, so we had no hesitation in choosing ASSET to help design and accurately simulate a WiMAX network and complete yet another of the building blocks in our march towards commercial launch. I am confident our work with AIRCOM will ensure we achieve our commitment to quality coverage across Malaysia."

Packet One International is a joint venture between Green Packet and IWICS Inc. It is a leading provider of mobile broadband networking technology in Malaysia and is one of only four WiMAX license holders in the country. In using ASSET to plan and simulate the network, it expects to provide WiMAX coverage to 40 percent of the population by 2010.

Commenting on the deal, Nick Brown, Managing Director of AIRCOM International's APAC Hub said: "It's exciting to be involved in a new project such as this. Packet One has chosen ASSET for WiMAX as it seeks to become one of the leading service providers in the wireless community, and we are delighted that we have been brought on board to help achieve this goal."

— ENDS —

About Packet One Networks (Malaysia) Sdn Bhd (P1)

P1 is the next generation broadband provider that innovates technology, products and services to advance the way people work, live, learn and play. It brings the future to present by offering one-stop cost effective data, voice, video and other value-added services for all communication needs. Customer-centric innovation has led it to become the preferred solutions provider of mobile broadband networks for mobile enterprises, SOHO and residential users. For more information on P1, please log on to http://www.P1.com.my

About AIRCOM International

AIRCOM International is a leading independent provider of end-to-end network optimisation consultancy and tools for IP and cellular networks. AIRCOM specialises in fields such as network planning, sharing, outsourcing and OSS.

Working with many the world's largest operators, AIRCOM leverages its objectivity to view network quality and efficiency from the consumers' perspective. This enables its consultants and engineers to track market behaviours and trends to ensure networks achieve optimum performance.

Headquartered in the UK with offices in 18 countries, AIRCOM has more than 10 years' experience across 131 countries for half of the world's mobile operators, including more than 3.45 million hours working on 3G networks alone. It continues to grow its customer base each year, offering objective yet pragmatic advice, training and support services, backed by high-performance tools designed to deliver real benefits for both subscribers and operators.

www.aircominternational.com

THE RUBICON PROJECT INTRODUCES CERTIFIED AD SPACE PROGRAM

Independent Verification Program Ensures Safety & Accuracy for Ad Networks Placing Ads on Websites

Los Angeles, CA April 8, 2008 — the Rubicon Project, a company with a mission to automate the large, yet highly inefficient advertising industry, has established the Certified Ad Space program. The program was created to satisfy ad network and advertiser needs for broader exposure and access to safe, high-quality website inventory, while ensuring that campaigns reach the intended audience and content. The program features a 21-point certification checklist and ratings system that has verified more than 10 billion ads and 725 websites for more than 62 ad networks to date.

“More than 5000 websites applied for our private beta since launching our ad network optimization service this past October. We chose 725 websites to participate in the program. Working with sites ranging from large well-known brands to small unknown websites we learned that ad inventory across these sites would be more valuable if they were independently classified and validated,” said Frank Addante, CEO and Founder. "The creation of this Certification program enables us to deliver thousands of pre-qualified websites to ad networks while eliminating the need for them to spend extensive time and resources verifying each site themselves.”

Advertisers are hesitant to spend more money with ad networks due to a lack of visibility and control over campaign placements and delivery. The problem stems from tracking and placement inefficiencies for ad networks and websites resulting in three main market repercussions:

* Content risk: not all content is brand safe
* Placement problems: ads often do not reach their intended audience or content
* Discrepancies: websites, ad networks and advertiser reporting show discrepancies up to 30%

The Certified Ad Space program ensures that campaigns appear exactly where they are supposed to (e.g. female-targeted sports related traffic), and as often as requested, so advertisers end up with precisely what they paid for. All Certified websites' ad space is carefully screened, rated and classified using technology and human verification. A technological analysis and data matching technique is performed on every ad impression to verify source. The Certified Ad Space solution benefits ad networks and their advertisers as follows:

* Certified content and audience: assures brand safety
* Certified placement and targeting: delivers certainty that ads reach their intended audience
* Certified tracking and reporting: promises ad networks and their advertisers get what they pay for

"The Certified Ad Space program allows us to offer independent, third-party safety and quality assurances to our advertisers while reaching a broader range of sites, content and audience," says Gabrielle Kramer, VP of Strategic Relations at Active Response Group. "Until now, there hasn't been an independent third-party program to verify website ad space for ad networks and their advertisers. This move will give websites greater exposure and advertisers greater comfort when buying and selling through ad networks."

The Rubicon Certified program also delivers value through increased revenue opportunity for websites. Certification ensures website publishers' ad space becomes more visible and valuable to a wider audience of ad networks and ultimately, their advertisers. Small and mid-sized websites benefit from exposure to new networks that are near impossible to achieve on their own. Large branded publishers can be sure their carefully segmented ad space is bringing in top dollar once it's been rated through the Rubicon Certified Ad Space program, without having to worry about channel conflict.

To learn more about certifying your website or to access certified ad space, visit: www.rubiconproject.com/certified.

About the Rubicon Project
the Rubicon Project is a group of industry-experienced, aggressive and passionate renegades dedicated to bringing a new level of efficiency to the fragmented Internet advertising space. The founders of the Rubicon Project shook up the online advertising industry in 1998 with L90/adMonitor, one of the most successful Internet advertising platforms before DoubleClick acquired it. the Rubicon Project’s web-based, self-serve solution gives any size website the most complete access to the total available advertising market and its smart matching technology does all the work to match each ad impression with the optimal money-making opportunity. the Rubicon Project is the new online advertising standard that makes it effortless for websites to generate the mad cash they’ve always dreamed of. And, it’s free to join. Websites looking to make more money while doing less work should visit: http://www.rubiconproject.com.

Digi-Data to Launch Archive Management System at NAB 2008

Press kit materials are available online at www.virtualpressoffice.com/kit/Digi-DataNAB
NAB2008

Digi-Data Corporation announces the AMS – Archive Management System, a family of energy efficient archive solutions with single mount-point simplicity. Using intelligent, automated data movement between tiers of storage, this system minimizes energy costs while delivering the right combination of price, availability, and access characteristics.

In today's digital world, progressive organizations continue to amass information until primary storage becomes congested, backups become difficult, and retrieving older digital assets becomes almost impossible. Implementing a cost-effective archive layer enables efficient information management, accommodates data growth and simplifies data protection.

At the core of the large AMS configuration is the Continuum G-series T-4000 controller. With 16 Fibre Channel ports, Disk Power Management, and sophisticated clustering technology, the T-4000 provides a solid base as a RAID controller.

For companies that want to create their own private storage utility, the architecture can also be extended by dropping a small appliance into remote or branch offices, centralizing data protection and archive. This 'ecko-pod' synchronizes its backup and archive directories to the main AMS system in the company's data center to unify the overall corporate archive. In addition, once the small appliance is filled to a certain threshold, older files are moved to the AMS system to prevent it from running out of capacity.

Another key strength of the AMS technology is the removable media support. Evolved over many years of media management, including Blue-ray optical support since early 2005, tapes or optical disks are well managed, whether they are resident nearline or offline. All data formats utilize open standards, so files never get stranded as a result of being created in a proprietary format.

Digi-Data's Archive Management System, using the Continuum G-series T-4000 controller allows companies to get a handle on their exploding data population in a cost effective, simple way.

Contacts

PR Contact:
Beyond Words PR
Tracy Laidlaw, President
623-878-8878
tracy {at} bwllc(.)com
or
Marketing Contact:
Digi-Data Corporation
Amber Pease, Marketing Operations Manager
Phone: 303-604-9020
Mobile: 719-310-8419
amber.pease {at} digidata(.)com

Intel money for WiMAX - sign of changing 4G market

Sprint's so far challenging mobile WiMAX build out and rumors of a potential investment by Intel into the network are signs suggesting DSL/cable replacement and not mobility will continue to propel WiMAX forward in the short term, according to Visant Strategies.

The report, WiMAX: 2008 to 2013 – An Evolution to 802.16m, includes shipments and revenues for WiMAX infrastructure, fixed and mobile subscribers, chipsets, network services and user devices including Wave 2, femtocells, phones and laptops, through 2013.

"A vendor paying substantial sums for deployment of its own technology at this stage of product development is a concern. It's not unusual for a vendor to promote its own technology, but the lack of substantial mobile WiMAX network deployments without the Intel investment is troubling from our perspective," said Andy Fuertes of Visant Strategies.


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Strong Growth of the Taiwanese WiMAX CPE Industry to Continue into 2008

According to MIC (Market Intelligence Center), an ICT industry research institute based in Taipei, 16e Wave 1 and Wave 2 products - which were certified at year-end 2007 - are expected to boost the adoption of WiMAX technology by telecom operators in 2008. For Taiwanese WiMAX CPE (Customer Premises Equipment) makers it will be crucial to complete the IOT (Interoperability Testing) with the leading base station vendors in time, so as to make it onto the recommended vendor list for telecom operators.

It is forecasted that Taiwanese WiMAX CPE shipment volume will reach about 763,000 units in the first half of 2008, growing approximately 500% year-on-year.

For Taiwanese WiMAX CPE makers, 2007 saw the commencement of product maturation and strong shipment growth. In the first half of 2007, most Taiwanese makers focused on the IOT and some began small-scale shipments. In the second half, some leading Taiwanese makers passed the IOT and entered collaboration with international telecoms. At the same time, shipment volume also saw substantial growth. For the full-year 2007, Taiwanese WiMAX CPE shipment volume reached 452,000 units, representing a worldwide market share of nearly 30%.


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WAVE: Enters Into Agreement with Alcatel-Lucent to Develop WiMAX Solutions

NextWave Wireless Inc. (WAVE) announced that it has entered into a strategic agreement with Alcatel-Lucent to develop advanced WiMAX broadcast solutions for mobile operators worldwide. Under the Agreement, Alcatel-Lucent will integrate NextWave's recently announced MXtv technology into their WiMAX solutions portfolio, based on the 802.16e-2005 (Rev-e) standard. The two companies plan to perform a series of interoperability tests with Alcatel-Lucent's commercial WiMAX infrastructure starting in the second quarter of 2008.


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Teenage Suicides On Nantucket Bewilder Experts

If the three deaths were connected, no one on the island could say exactly how. The first, a 15-year-old, killed himself at his home near the high school in February 2007. The second, a 17-year-old 'A' student and an athlete, committed suicide last October.

The third, a 16-year-old found dead at home in January, may have been an accidental death, not a suicide. None had been good friends.

Yet they were all islanders, talented and well-liked students in a high school of 400 that had not had a suicide for more than 40 years.

Marcia G. Yerman: Activism on Women's Issues and the Fight Against Torture Find Personal and Corporate Support

With the news being dominated by an increasingly rancorous political discourse, it is both refreshing and encouraging to see what can happen when actions speak louder than words.   

The first week in March, I attended two events, each spotlighting important issues.  On March 3rd, Vital Voices kicked off their Women Can campaign in conjunction with International Women's Day.  A press conference was held at the showroom studio of designer Diane von Furstenberg, who has been a strong advocate for Vital Voices.  Her commitment is not just in the abstract.  From March 2nd through March 8th, 10% of the profits from her worldwide boutiques and online sales were donated to the organization.  In addition, von Furstenberg committed to making her store locations around the globe a venue for presentations by speakers from the Vital Voices Global Leadership Network.  In her opening remarks she said, "All the things I believe in are embodied in Vital Voices," adding that, "The support from women to women immediately resonated." 

A video was shown which contextualized the activities of Vital Voices.  Their preeminent philosophy is that the skills of leadership can be mentored and passed on.  This has become a reality through their programming, which since 1997 has worked with more than 5,000 nascent women leaders from over 150 nations in locations spanning Latin America, Africa, Eurasia, the Middle East, and Asia.  Sound bites included interviews with the Liberian President Ellen Johnson-Sirleaf, and Dona Shalala who declared that, "Leaders aren't born, they are made." 

An important component of the Women Can agenda is the understanding that partnering with the business community is essential.  Carly Fiorina, CEO of Carly Fiorina Enterprises, former CEO of Hewlett-Packard Corporation, and Board Member of Vital Voices, was on hand representing the nuts-and-bolts thinking of the corporate mind set.  She presented the premise ("driven by data, which makes it crystal clear") that "if we want to solve problems, women must be engaged."  She stated, "By the year 2015, purchasing power in the developing world will be the largest market in the world."  Part of infrastructure is management, and as Fiorina pointed out, "We can't get there without focusing on women."  She illuminated the point that if an individual woman was helped, she in turn would invest in her family, and then down the road...in a fund to help other women.  Candidly, Fiorina said, "Investing in women is about enlightened self-interest." 

The next spokesperson was Lorie Jackson.  For a lesser figure, representing ExxonMobil Corporation may have been a prickly task.  A graduate of the John F. Kennedy School of Government at Harvard, Jackson talked enthusiastically about the African Women's Leadership initiative that ExxonMobil has underwritten at the cost of $1.5 million dollars.  She described the three-part program that is engaged in fostering entrepreneurship among African women artisans; developing women political leaders; spearheading advocacy that would change and update existing laws that prevent women from being involved in a nation's economic life.  Qualifying ExxonMobil as "a research-oriented company," she sited studies that have shown that educating girls and women allows them to become "drivers of change."  When I conversed with Jackson later, she underscored how rewarding it was for her to be playing a major role in implementing this agenda.  "I believe in women's capabilities," she told me, "and here I am in an energy company, and I am able to do this."  Jackson continued, "We are maximizing the positive social impact of our activity." 

David Jones, Global CEO of Euro RSCG Worldwide, the ad agency that is designing the branding and marketing for Women Can, contributed remarks from "a man's perspective."  He related how he had seen doors shut on his sister, and didn't want to witness the same scenario for his daughter. He observed, "There's progress, but nowhere where it needs to be." 

Two beneficiaries of the Vital Voices network were present.  Inez McCormick, human rights activist from Northern Ireland, underscored that "Vital Voices takes away away the loneliness of the battle."  Maria Pacheco, a 2007 Economic Opportunity Award Winner, said, "I saw that somebody cared about my dream."  She shared her realization that "Many hands change history." 

That thought resonated at the panel discussion held on March 5th at the James Cohan Gallery in Chelsea.  With the tag line "Retired Military Leaders Speak Out Against Torture and Abusive Interrogation," I was interested in hearing about the Human Rights First campaign Elect to End Torture '08.  James Cohan opened the evening saying, "The gallery's interest is in being pro-active."  He told me in a follow-up interview that he saw the donation of his space as creating "a platform for social action, to give Human Rights First an opportunity to speak of their agenda." 

At that time, HR 2082 - The Intelligence Authorization Act for Fiscal 2008, was awaiting the stroke of President Bush's pen.  This law would bind the interrogation tactics of the CIA and all intelligence services to the United States Army Field Manual rules.  These guidelines are unambiguous about prohibiting "acts of violence or intimidation, including physical or mental torture, or exposure to inhumane treatment."  On March 8th, The White House issued a press release stating that the President had vetoed the bill on the grounds that, "The bill would impede the United States Government's efforts to protect the American people effectively from terrorist attacks and other threats because it imposes several unnecessary and unacceptable burdens on our Intelligence Community." 

Executive Director of Human Rights First, Maureen Byrnes, introduced the program.  She outlined the goal of promoting an enlightening conversation with the purpose of "protecting and defending each individual's dignity." Human Rights First sees the public as an essential partner in this quest.   

The speakers included Major General Fred E. Haynes, USMC (Retired) and Brigadier General James Cullen, USA (Retired).  General Haynes is a combat veteran of World War II, Korea, and Vietnam, who served as a captain in the regiment that seized Mt. Suribachi, Iwo Jima.  General Cullen has over 26 years of combined active duty and reserve service.  He is a recipient of the Distinguished Service Medal.  Devon Chaffee, an Associate Attorney in the Human Rights First Washington, D.C. office, has been a first-hand observer to the military commission proceeding in Guantánamo.   She has testified before Congress on the legality of torture.  She perceived that in her experience with lawmakers on the Hill, those in a position to make policy were afraid to "come out, for fear of being branded soft on terrorism." 

General Haynes started the discussion with a story about his experiences in Iwo Jima that illustrated the importance of handling prisoners of war with respect.  He said that when he dealt with his troops he told them in simple terms, "Treat them the way you would want to be treated."  He upheld the conviction that, "If you treat people right, you are likely to get good information."  As part of the group of military personnel that has met with all the major candidates for the Presidency on this issue, he told the audience that they had requested, "When you give your Inaugural Address, point number three should be close Guantánamo Bay, no more renditions, no more secret prisons." 

General Cullen brought the force of his direct personality to his insights.  "I don't think there is any lack of clarity in the law," he said.  He gave a brief historical overview that included The Lieber Code of 1863, and included the point that "General Eisenhower was absolutely clear about abiding by the Geneva Convention."  For General Cullen, what he sees is that "our national conscience has become unhinged at the very top."  He explicated that soldiers are taught in basic training how to deal with illegal orders.  He elaborated on the problem with putting forth one set of rules for the 19-year-old in the field and another for the 40-year-old CIA operative.  "If you allow these dual standards, our enemies can properly, under international law, respond in kind on the 19-year-old. They have applied a precedent that can be brought against our soldiers."   

General Haynes reiterated, "The key to carrying out policy is people have to be held responsible from the top down."  General Cullen asked, "How did the train come off the track?"  He responded to his rhetorical question without missing a beat.  " A boulder was put out by the Vice-President's office." 

The need for citizens to become part of the conversation on a continuum of concerns has never been greater.  Through personal action, their influence and clout can impact the larger picture.  As Margaret Meade wisely said, "Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it's the only thing that ever has." 

5 Years On: Is Iraq War Only Half-Over?

WEST POINT, N.Y. — A father in the American heartland agonizes as his son prepares for a second tour in Iraq. Baghdad morgue workers wash bodies for burial after a suicide attack. Army cadets study the shifting tactics of Iraqi insurgents for a battle they will inherit.

Snapshots from a war at its fifth year. Each distinct, each a narrative in itself _ gnawing fear, raw violence, youthful resolve. Yet all linked by a single question.

How much longer?

Most likely, the war will go on for years, say many commanders and military analysts. In fact, it's possible to consider this just the midpoint. The U.S. combat role in Iraq could have another half decade ahead _ or maybe more, depending on the resilience of the insurgency and the U.S. political will to maintain the fight.

Iraq, experts say, is no longer a young war. Nor it is entering an endgame. It may still be in sturdy middle age.

"Four years, optimistically" before the Pentagon can begin a significant troop withdrawal from Iraq, predicted Eric Rosenbach, executive director of the Center for International Affairs at Harvard's Kennedy School, "and more like seven or eight years" until Iraqi forces can handle the bulk of their own security.

What that means depends largely on your vantage point.

For the Pentagon, it's about trying to build up a credible Iraqi security force while struggling to support its own troop levels in a military strained by nonstop warfare since 2001. During a trip through the Persian Gulf last year, Adm. William Fallon, then head of U.S. Central Command, was peppered with as many questions about resources as about strategies moving ahead.

For many Americans, it's about a rising toll _ nearly 4,000 U.S. military deaths and more than 60,000 wounded _ with no end in sight. Iraqis count their dead and injured in much higher figures _ hundreds of thousands at least _ and see entire neighborhoods changed by the millions who have fled for safer havens.

For others, it's about an ever-mounting loss of goodwill overseas: "We've squandered our good name," says 29-year-old Ryan Meehan, sitting in a St. Louis coffee shop.

You can also frame the war in terms of the cost to the treasury: $12 billion a month by some estimates, $500 billion all together, and the prospect of hundreds of billions more.

But then there's other measures of the war as it enters its sixth year.

These are more difficult to weigh _ yet are just as real and profound _ and are found in places such as Jim Durham's home in Evansville, Ind. He tries to fight off a sense of dread as he watches his 29-year-old son prepare for his second tour in Iraq with the Indiana National Guard.

Durham, 59, struggled to describe the emotions. He decided: "It's like watching somebody with a disease."

"Perhaps they can live, perhaps they can't," he said. "Maybe they'll survive. Maybe they won't. And there's nothing you can do about it."

Echoes of the same lament resounded at a Shiite funeral procession in Baghdad where mourners gathered their dead from the morgue _ the bodies washed for burial according to Muslim custom _ after bombings ravaged two pet markets last month. "We are helpless. Only God can help us," cried a group of women behind the shrouded corpses of several children.

"How much can Iraq endure? How much stamina do Americans have for a war with no end in sight?" said Ehsan Ahrari, a professor of international security at the Asia-Pacific Center for Security Studies in Honolulu. "These questions were relevant years ago. They only grow more critical as the years go by."

"War fatigue is real, first and foremost because of casualties," said Michael O'Hanlon, a foreign policy scholar at the Brookings Institution. "But Americans also know the stakes."

Some remain determined. Ahrari recalls seeing a couple at the Gulfport, Miss., airport saying goodbye to their son, clad in desert camouflage and heading for Iraq. He can't forget the mother's face: grim but stoic.

"She did not seem sure that her son was going to the right place to serve America," he wrote, "but that it was still a right thing to do."

But then there was the group of women on a bridge in New Smyrna Beach, Fla., holding "No to War" placards and being alternately cheered and jeered.

And Catherine Lunsford Hanley, 26, of Roanoke, Va., who is so worried about her husband in Iraq that she's suffering hair loss and insomnia. Thinking that the war will continue _ and maybe force a second deployment for her husband _ makes it even worse.

"It'll kill me if we have to go through this again," she said.

And Vietnam veteran Wilbur Taylor breaking down in tears at a VFW post in Evansville, Ind., as he thinks of the young soldiers in Iraq. "It's an endless battle," sobbed Taylor, 59.

He's not far wrong.

Already, the war has lasted longer than the U.S. fight in World War II and Korea. And if many experts are to be believed, the Iraq war will follow roughly a 10-year arc, ending only after a new crop of soldiers _ some now barely into their teens _ is on the battlefield.

Certainly, the Democratic candidates have called for a rapid and comprehensive withdrawal from Iraq. Hillary Rodham Clinton has said a serious troop withdrawal would begin "in the first 60 days" of her administration; Barack Obama has promised to have combat troops "out within 16 months."

But there are many doubts that Iraqi forces will be ready to take over so soon. "Can Iraq actually hold this together as we disappear?" a skeptical retired Gen. Barry McCaffrey asked last week, in an address in New York to mark the five-year war anniversary.

The idea that the Iraq war has only reached its midpoint is based on historical templates. Many military strategists cite a nine- to 10-year average for insurgencies, with expected drop-offs in recruitment and core strength after a decade.

But the models _ analyzing battles from the British in Malaysia in the 1950s to the Soviets in Afghanistan in the 1980s _ also show that each fight is unique. Kurdish rebels have been fighting in Turkey more than 20 years, and the FARC guerrillas have been active in Colombia since the 1960s.

The fragmented nature of the Iraq fighting _ what's been called a "mosaic war" _ also may add years to U.S. involvement. The different tactics needed for various regions create difficulties in training Iraqi forces and making decisive strikes against insurgents such as al-Qaida in Iraq.

At West Point, professor Brian Fishman is an expert in al-Qaida. He tells his cadets that Iraq war is now fundamentally "a collection of local wars" to preserve key local alliances with Iraqi groups and keep pressure on insurgents from regaining footholds.

"Iraq is a fight that, no doubt, is evolving," said Fishman after teaching his class for the Combating Terrorism Center at the U.S. Military Academy. "But when you talk about some kind of end for American troops, it's certainly in terms of years."

The cadets in his class were in high school the first U.S. bombs fell on Iraq. They know they could be well into their military careers before it's over.

Lt. Gen. Raymond Odierno, the former No. 2 commander in Iraq, said in January that U.S. aircraft could be used to support Iraqi combat operations for "five to 10 years" along with "an appropriate number of ground forces."

That same month, Lt. Gen. James Dubik, who heads the Multi-National Security Transition Command, told the House Armed Services Committee that Iraqi officials estimate they can't assume responsibility for internal security until as late as 2012 and won't be able to defend Iraq's borders until 2018.

The insurgency, however, may not be the most worrisome problem in coming years. Some believe the worst struggle will be keeping friction between Iraq's Sunnis and Shiites from ballooning into civil war.

"I don't know anyone who pays serious attention to Iraq who thinks that we are over the hump in terms of internal violence," said Jon Alterman, the Middle East program director at the Center for Strategic and International Studies in Washington. "There are a lot of unsettled scores and no ongoing political process that seems likely to address them."

By the time of the summer's political conventions, U.S. troop strength is expected to shrink with the pullout of many of the 30,000 "surge" forces that poured into central Iraq last year. The Pentagon predicts to be at 140,000 soldiers by July, though that's still 8,000 more than the total before the surge.

Sen. John McCain, the apparent Republican presidential nominee, has predicted that the insurgency will "go on for years and years and years." But, eventually, the Iraqi forces will have to fight alone. It's the often-touted South Korean scenario: local forces someday on the front lines with a U.S. military presence in a supporting role _ possibly for decades.

"A thousand years. A million years. Ten million years," McCain famously said in New Hampshire in January. "It depends on the arrangement we have with the Iraqi government."

It depends, too, on whether the Iraqis and their government can hold on. To a far lesser extent, it also hinges on world sentiment _ the U.N. Security Council mandate for the U.S.-led force in Iraq is set to expire at the end of the year, which could increase international pressure for withdrawal.

But more than anything else, it depends on whether Americans are willing.

Mary Shuldt is losing patience. Living at Fort Campbell in the Kentucky lowlands, she wonders how many more times her husband and the 101st Airborne Division will be called to Iraq.

"Our families are being ripped apart," she said. "When is enough enough?"

The family of Chris Blaxton, a longtime military policeman in the Army and then the Reserve, has not been ripped apart. And yet America's fissures are apparent in this family, too, as his children reflect on the war and their own futures.

In October, Blaxton was on his second tour in Iraq and just nine days from coming home to Okemos, Mich., when a bomb tore through his Humvee, paralyzing him from the waist down.

His 16-year-old son, Kevin, had been considering enlisting in the Air Force.

Now, he says, "It's not worth it. It's just a war."

But Kevin's sister Rebecca, a high school sophomore, has a different perspective. She watched the nurses at Washington's Walter Reed Army Medical Center help her father, and she'd consider doing the same, someday, for other soldiers _ even if it means going to Iraq.

It's not so much that she believes in the war, she says. It has to do with her father and the beliefs that led him to volunteer to go to Iraq.

"When you get the chance to do something for your country," Rebecca said, "do it and don't say 'no.'"

___

Associated Press writers contributing to this report: Martha Irvine in Chicago, Carley Petesch in New York, Chelsea Carter in San Diego, Ryan Lenz in Evansville, Ind., Betsy Taylor in St. Louis, Bradley Brooks in Baghdad.

Rep. Jerrold Nadler: The FISA Amendments Act: Protecting Our Country and Civil Liberties

On Friday, the House of Representatives adopted H.R. 3733, the FISA Amendments Act. This carefully crafted legislation gives our intelligence agencies all the tools they need to protect our country and also protects our fundamental civil liberties.

But, even before we were to consider the bill, we held a rare closed session to discuss surveillance legislation in a classified setting in light of Republican claims that they had important secret information. But those claims turned out to be false. Even behind closed doors, the Republicans were unable to provide any information that would support the overreaching changes sought by the White House.

The House passed legislation that gives our intelligence agencies all the tools they need to defend our country consistent with the Constitution. It helps make changes to the Foreign Intelligence Surveillance Act so that security and liberty are both protected.

Le me be clear about what our bill does not do. It does not require individual warrants for the targeting of foreign terrorists located outside the United States. For three decades, that has been the law, and it will still be the law under this bill. There is no dispute about this.

The bill maintains the traditional requirement of a warrant when our intelligence agencies seek to conduct surveillance on Americans. It also creates new authorities for the government to conduct electronic surveillance of foreign targets. But because some foreign surveillance may record conversations with Americans, the bill requires that when the Government proposes to undertake surveillance of a foreign group or entity, it must first apply to the FISA court. However, the bill states that in an emergency, the surveillance can begin immediately, and the court can consider the surveillance procedures later.

There is another thing that our bill did not do -- provide blanket, retroactive immunity to the telecommunication companies that assisted in the president's warrantless wiretapping program. Such a move would fly in the face of our notions of justice.

Over the last few weeks, we have heard countless assertions from the White House and Republicans in Congress that are false and misleading. They claim that we allowed the Protect America Act to expire -- when it was the Republicans who blocked attempts to extend that legislation temporarily. And they continue to claim that retroactive immunity for the telecom companies is necessary for the security of the country. But they have failed to provide any evidence for that claim -- even behind closed doors.

The telecom companies aided the administration's surveillance program. Some people -- American citizens -- believe their constitutional rights were violated, and brought suit against the government and the telecom companies. There are two narratives here. One is that the telecom companies patriotically aided the administration in protecting Americans from terrorists. The other is that the telecom companies conspired with a lawless administration to violate the Constitutional rights of Americans. Which of these narratives is correct is for a court to decide.

It is not the role of Congress to decide legal cases between private parties. That is why we have courts. If the claims are not meritorious, the courts will throw them out. But if the claims do have merit, we have no right to dismiss them without even reviewing the evidence.

We are told that the telecom companies should not be subject to lawsuits for doing their duty. But whether they were doing their duty, or abusing the rights of Americans, is precisely the issue. And that is a legal issue for the courts to decide.

In any event, the existing law, in a wise balance of national security and constitutional rights that this bill does not change, already provides absolute immunity to the telecom companies if their help was requested, and if they were given a statement by the Attorney General, or various other government officials, stating that the requested help did not require a warrant or court order and would not break the law. They have immunity whether those statements were true or not. They can rely absolutely on the government's assertions.

Indeed, Title II of this bill will allow the telecoms to show the courts, in a secure setting, if they were obeying the law or if they weren't. It will allow the telecom companies to assert their immunity in court, and to present the relevant documents and evidence to the court in a secret session that protects any "state secrets." The courts can then judge whether the telecom company obeyed the law -- in which case it has complete immunity -- or whether it did not.

If you put aside the rhetoric of the White House and the minority, it is clear that our bill properly balances security and liberty. It also demands that these extraordinary powers are used properly, and that they follow our laws and our Constitution. If the President is serious about protecting America, he should drop his objections to this bill.

Congressman Nadler is the Chair of the House Judiciary Subcommittee on the Constitution, Civil Rights and Civil Liberties.

US, Global Markets: What's Next?

Think Progress: White House Defends Bailout Of Wall Street Instead Of Main Street

During today's news briefing, reporters questioned White House Press Secretary Dana Perino on the Fed's actions, noting that the White House has repeatedly refused to extend similar assistance to homeowners facing foreclosure. Perino replied that help to homeowners -- a "boost of liquidity" -- would come "in the form of a stimulus package and a tax rebate."


The average rebate check will amount to about $600 for single people and $1,670 for middle income families. Compare this figure to the nationwide median mortgage payment, which stood at $1,566 in September. Or to the average increase in subprime mortgage payments in early 2007, which was $320 per month.


These checks obviously won't help Americans stave off foreclosure -- a frightening reality facing an increasing number of people. Foreclosure rates skyrocketed 60 percent last month from February 2007, and Americans own less equity in their homes than they have since World War II.

Read more and watch the video of Perino's comments here.

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New York Times: Fears That Bear Sterns Downfall May Spread

The cash squeeze that brought Bear Stearns to its knees is fanning fears that other investment banks might be vulnerable to the crisis of confidence gripping Wall Street.


Investors are bracing for another volatile week in the markets as bankers and policy makers deal with the fallout from their bid to rescue Bear Stearns.


For now, the prospect of a new wave of consolidation in the beleaguered financial services industry seems remote. That is because would-be acquirers and everyday investors alike have lost faith in the values that Wall Street firms are placing on their own assets.


Of particular concern are the so-called marks placed on mortgage-linked investments like those that undid Bear Stearns, prompting a run on the firm that led the Federal Reserve and JPMorgan Chase to throw Bear Stearns a financial lifeline last week.


James E. Cayne, the chairman of Bear Stearns, mused eight years ago that he might consider selling the 85-year-old bank for a lofty price of four times what it values itself on its books. But now such a notion seems absurd -- and not just for Bear Stearns.


The unhappy experience of Bear Stearns proves that it is a lack of confidence, not capital, that ultimately topples even the savviest financial institutions.


"Once you have a run on the bank you are in a death spiral and your assets become worthless," said David Trone, a brokerage analyst at Fox Pitt Kelton.


In all-day meetings over the weekend, Alan D. Schwartz, the chief executive of Bear Stearns, met with his top executives at the firm's Madison Avenue headquarters, trying desperately to persuade skeptical potential suitors that the firm was worth buying.


But the market had already passed a harsh judgment on Bear Stearns. On Friday, its stock plunged 47 percent, closing at $30. At that price, its shares were trading at a gaping 62 percent discount to the $80 book value that the firm has reported, reflecting the broad view that the fallout from the credit crisis had permanently devastated Bear Stearns's core mortgage operations.

---

New York Times: Dow Ends Flat After Day Of Gyrations

A day that loomed darkly on Wall Street ended with only a modest decline in the overall market and the Dow Jones industrials in an unlikely place: positive territory.


A floor trader at the Hong Kong Stock Exchange on Monday. More Photos »


The Dow finished up 21 points after gyrating wildly through much of the session, from a loss of almost 200 points to a gain of 100, in one of the most volatile trading days in months.


But shares of most financial firms plummeted as one of Wall Street's most storied banks, Bear Stearns, lay on its deathbed and central bankers scrambled to stave off a devastating crisis of confidence in the financial world.

---

AP: Fed Primed To Aggressively Cut Key Interest Rate On Tuesday

The Federal Reserve is primed to aggressively cut a key interest rate even lower on Tuesday, racing to contain spreading financial fires that threaten an economic meltdown...


..."The Fed is on high alert -- something you don't see but once every quarter century; may be, in this case, since the Great Depression. This is a very unusual period," said Mark Zandi, chief economist at Moody's Economy.com...


...To limit the damage, Bernanke and his colleagues may ratchet down a key interest rate, now at 3 percent, by as much as a full percentage point, to 2 percent, which would put that rate at the lowest it has been since late 2004. Because that rate affects a wide range of rates charged to millions of consumer and businesses, it is the Fed's most potent tool for reviving economic activity.

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Reuters: Deepening Economic Slump Envelops Factory Sector

A spreading economic slowdown seeped into U.S. factory activity in February and March as waning demand more than offset the export benefits of a cheaper dollar, a series of reports on Monday showed.


A Federal Reserve report on industrial output showed that factories were running at their slowest rate in more than two years during February while a key gauge of factory business in the Northeastern U.S. slumped to a record low in March.


Taken together, the reports reinforced concern that the world's largest economy stalled during the first quarter and was in an actual downturn, though Bush administration officials refuse to concede a recession has started.

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AP: After Bear Sterns Rescue, Who's Next?

With a deal in place to save Bear Stearns from bankruptcy, the company's shares traded above the offer price Monday even as investors began turning a critical eye to other investment banks amid worries about how far the credit contagion could spread...


...With Bear Stearns seemingly gone, investors pondered who might be next. Lehman Brothers Holding Inc. stock fell more than 34 percent Monday, following a 15 percent drop on Friday amid concerns it might be facing similar liquidity issues. Lehman Chief Executive Richard Fuld denied Monday that the firm was having such problems.

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Reuters: Banks Face A "New World Order" After Bear Sterns Collapse: Report

Financial firms face a "new world order" after a weekend fire sale of Bear Stearns and the Federal Reserve's first emergency weekend meeting since 1979, research firm CreditSights said in a report on Monday.


More industry consolidation and acquisitions may follow after JPMorgan Chase & Co (JPM.N) on Sunday said it was buying Bear Stearns (BSC.N) for $236 million, or $2 a share, a deep discount from the $30 price on Friday and record share price of about $172 last year...


...In the event of future consolidation, potential acquirers identified by CreditSights include JPMorganChase, Wells Fargo, US Bancorp, Goldman Sachs and Bank of America (BAC.N), once it works through its recent agreement to acquire Countrywide Financial Corp, (CFC.N) the largest U.S. mortgage lender.

Tamsin Rothschild: Poetry Beyond Words: Spitzer, Rooney -- A Few Bad Men?

they blame the law for letting these men in
saying we didn't do our research
before ushering them into their public roles

a man to be a leader of men
violating the trust of New York and his own wife

a man to be a guide for the children
violating the trust of our schools and an innocent child

it is not the law that let them in
it is the Land that breeds these men

this land where sex is cheap and everywhere
porn just one mouse click away
it heaves heavy upon us all

these men
you may say
are not bad
but just unlucky
they got caught

for the two of them
there are a million more
scuttling around
like naughty boys
sacrificing their lifeforce and manhood
for what?

boymen growing up on masturbation
learning to worship this obsession called sex
and losing their minds and morals

perhaps the truly courageous men
are not testing their manhood
through clandestine blowjobs in public restrooms

but rather are the ones turning from
unfulfillable
instant gratification

toward the wholeness of themselves
their women and the Land

Lloyd Garver: Bush And Prices

President Bush demonstrated recently that he had no idea how much a gallon of gasoline costs. But I'll bet he knows exactly how much a barrel of oil costs.

In addition to writing many television shows and columns, Lloyd Garver has also read many books, some of them in hardcover. He can be reached at lloydgarver@gmail.com. Check out his website at lloydgarver.com

James Heffernan: Guess What? It's the Fifth Anniversary of Lethal Hypocrisy

March 18, 2008 -- Five years ago today, just before dawn broke over Baghdad, U.S. forces launched the Iraq war by dropping four bunker-buster bombs and forty Tomahawk missiles on Dora Farms, a palace compound within the al-Dora farming community on the outskirts of the city. The bombs and missiles were meant to kill Saddam Hussein and his two sons, Uday and Qusay, who were supposedly spending the night at the compound. But several of the bombs missed their target, and since neither Saddam nor any member of his family or administration was there, the attack killed none of them. Instead it killed fifteen civilians, including one child. So our very first attack on Iraq killed three civilians for each of the five times our commander in chief pledged to "protect innocent lives in every way possible" just before starting the invasion:


1. "In the event of conflict, America also accepts our responsibility to protect innocent lives in every way possible.

2. "We will respect innocent life in Iraq."

3. "If we were to commit our troops -- if we were to commit our troops I would pray for their safety, and I would pray for the safety of innocent Iraqi lives as well.


4. "We will do everything we can to minimize the loss of life."


5. "And we will do everything we can, as I mentioned -- and I mean this -- to protect innocent life."

--President George W. Bush
Excerpts from news conference of March 6, 2003


Does anyone out there know the name of the first child we killed in Iraq, or the name of any one of those other fourteen civilians? As the number of American soldiers killed in Iraq rapidly approaches 4000, we should remind ourselves that Iraqi civilians have paid a far higher price. They were our very first victims. Though article 51 (item 5b) of the expanded Geneva Conventions of 1979 plainly forbids any attack that might cause civilian deaths disproportionate to the "direct military objective anticipated," U.S. forces tried to hit a target ringed by farming families because we had been told that Saddam and his sons might be lurking among them. In other words, just after our commander in chief had repeatedly pledged to do "everything possible" to spare civilians, he sacrificed fifteen of them to the almighty god of suspicion -- the same god who told us that Saddam had weapons of mass destruction and was aiming them at us.

Since that time, the war in Iraq has killed more than 80,000 civilians, which is almost thirty times the number of people killed on 9/11. And what have we gained by this appalling sacrifice? According to John Burns of the New York Times, who has covered most of the war to date, what Iraqis overwhelmingly want right now is not democracy but a return to the stability they had under -- guess who? -- Saddam Hussein.

Happy anniversary, Baghdad!

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