June 19, 2013

6 dead, 14 pulled out alive in Philadelphia building collapse

81e804aeafa0a60414688545a7d6a05a 6 dead, 14 pulled out alive in Philadelphia building collapse
(Firefighters sort through the on 22nd and Market Street in Philadelphia, Pennsylvania, after an apparent demolition accident on Wednesday, June 5.)

STORY HIGHLIGHTS

A woman is pulled out alive, providing a jolt of joy
Witness says a crane bumped the building before it fell
An active search and rescue operation continues on site
More than a third of the rubble still needs combing through

Philadelphia () — Equipped with search cameras, microphones and motion detectors, and bathed in harsh LED lights that illuminated the darkness, rescue workers combed through piles of bricks and rubble early Thursday, listening for the faint tap-tap-tapping of life buried in the ruins of a collapsed building.

A day earlier, the side of a building under demolition had given way and toppled onto a Salvation Army thrift store next door.

Throughout the day Wednesday, dispirited emergency responders had carried out six people in body bags. But they received a momentary jolt of joy when, shortly before midnight, they pulled out 61-year-old Myra Plekam alive.

She was the 14th survivor.

signaled by ‘unusual rumbling’

“It feels outstanding to be able to pull somebody (out) alive,” the city public safety Michael Resnick said.

Philadelphia Mayor Michael Nutter told reporters late that authorities didn’t know many people were in the store at the time of the accident.

He was concerned the collapsing wall may have also hit people walking by outside.

More than a third of the rubble still needed combing through, Lloyd Ayers said.

And so responders searched on. Slowly. Carefully.

Empty dump trucks came — and left with their buckets filled with cleared debris. More arrived.

Crashing sound, shaking earth

Boskie Shah had stopped to watch the demolition work just before the side of the building fell over around 10:40 a.m. ET Wednesday.

A construction crane bumped the building twice, before it swayed, he said.

“The right wall leaned toward 22nd St and collapsed on the thrift shop.”

Debris spread out, and a dust cloud rose through the air. Shah took a photo and later uploaded it to CNN iReport.

Jordan McLaughlin felt the earth shake under his feet when the wall landed on top of the thrift store, he told .

“There was people that actually fell over,” he said. “People started screaming, they ran across the street. There was people inside the building, you heard them scream.”

He said he helped two people out of the building. Other bystanders, including construction workers, helped four or five others out.

Another witness, Ari Barker, said he was in his office across the street when he heard “a rumbling, a very unusual sound.” He rushed to the window to see a plume of dust rising from the debris.

Some saw it coming

“I knew that was going to collapse sometime soon, and it did today,” Patrick Glynn told CNN affiliate WPVI.

“For weeks, they’ve been standing on the edge, knocking bricks off, pieces off, you could just see it was ready to go at any time. I knew it was going to happen. I seen it. I said it 10 times. Ask these guys. Every day, I said, ‘It’s gonna collapse, it’s gonna collapse.’”

Minerva Pinto works nearby. She and her coworkers thought the building looked precarious in the days before the collapse.

“We’d all seen in the past week that the building was really unstable because of the demolition,” she told CNN’s iReport.

But city officials said there were no known violations at the site.

“No violations, no complaints that we’re aware of, and all permits were valid,” Nutter told reporters earlier.

Focused on tragedy

When reporters pressed him again with questions about required inspections of the demolition work during a nighttime news conference Wednesday, Nutter appeared irritated,

“There’s a full investigation that will be conducted by the department of license and inspections,” he said.

He said he was focused on the immediate calamity and the human tragedy it had wrought.

“We’ve lost six lives today. Think about that,” he said. “We’ve actually spent most of our time today trying to see if anyone is still alive.”

Nutter asked journalists not to reveal the names of the dead.

“Family members have lost a loved one. All of those families deserve to be notified by their family members rather than hearing about it on television or the radio or the Internet or the newspaper,” he said.

Ex-Virginia bank executives guilty in financial crisis case

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() – The former chief executive of a failed U.S. bank in Norfolk, Virginia, and three others were convicted Friday of conspiracy to commit and other charges in connection with a scheme to conceal that contributed to the bank’s in 2011.

Edward Woodard, the former chief executive of Bank of the Commonwealth, was found guilty along with two other executives by a federal jury in Norfolk following a multi-week trial, the U.S. Justice Department said.

are pursuing several cases stemming from the U.S. financial crisis, which battered large and small banks alike.

Bank of the Commonwealth, which at one time had $1.3 billion in assets, cost the an estimated $268 million when it failed, prosecutors said. The bank’s assets were acquired by Southern Bank and Trust Co at the time of the 2011 failure.

Prosecutors secured the indictment against Bank of the Commonwealth’s former executives in July 2012.

Neil MacBride, the U.S. Attorney for the , said in a statement that the verdict “sends a clear message to top executives and insiders in the financial services industry.”

“The brazen greed and of these four defendants toppled one of Virginia’s largest and intensified the impact of the 2008 financial crisis on the public during the height of the fiscal storm,” MacBride said.

According to prosecutors, Bank of the Commonwealth began an in 2006 beyond its historical focus of Norfolk and Virginia Beach.

Many of its loans were funded without regard to industry standards, prosecutors said. By 2008, losses mounted as loans soured.

From 2008 to 2011, Woodard and Stephen Fields, a former executive vice president and commercial loan officer at the bank, hid the bank’s financial condition, authorities said. Bank insiders also gave preferential financing to troubled borrowers to buy properties Bank of the Commonwealth owned, prosecutors said.

Woodard, 70, was convicted of charges, including conspiracy to commit bank fraud, bank fraud and false entry in a bank record.

Other defendants convicted on conspiracy to commit bank fraud and other charges included Fields, Troy Brandon Woodard, Woodard’s son and an employee of a mortgage loan specialist at a bank subsidiary, and Dwight Etheridge, a bank customer.

Simon Hounslow, an executive vice president and chief lending officer until the bank’s closing, was acquitted of all charges, the Justice Department said.

“We have long believed he never should have been charged in this case and, after careful deliberation, it is clear the jury came to that view,” John Adams, a lawyer for Hounslow at McGuireWoods, said in an email.

Lawyers for the others defendants did not immediately respond to requests for comment.

A separate lawsuit filed in January by the U.S. Securities and Exchange commission against Woodward, Fields and another executive remains pending.

The case is U.S. v. Woodard, et al, U.S. District Court, Eastern District of Virginia, No. 12-cr-00105.

(Reporting by Nate Raymond in New York.; Editing by Andrew Hay and Andre Grenon)

Iraq-Kurd deal offers hope, but challenges remain

 Iraq Kurd deal offers hope, but challenges remain
(Photo: Matti, AP)

Story Highlights

Iraqi military and Kurdish fighters agreed to withdraw from disputed areas
Deal on energy resources and oil profits remains elusive
Experts fear the tension could spark

BAGHDAD (AP) — A deal brokered by Iraq’s president this week gives the central government and the Kurdish minority an opportunity to step back from a military standoff that has threatened to tip the country back into armed conflict just a year after the last left.

The Kurds, a different from Iraq’s majority Arabs, have their own armed fighters and enjoy considerable control over an increasingly prosperous enclave in Iraq’s mountainous north. Thursday’s accord calls for the eventual withdrawal of Iraqi military and Kurdish fighters who in recent weeks moved into disputed areas where both seek to extend their influence.

There is no timetable governing the pullout of troops, tanks and artillery on either side, meaning tensions could quickly flare back up. Distrust remains high, and the two sides are far from reaching a lasting deal over how to manage energy resources and divvy up the growing profits oil brings in.

“This is only the symptom,” Martin Kobler, the U.N. envoy to Iraq, said of the military standoff in an interview this week. “We have to go to the root. And the root is the Arab-Kurdish understanding. … Distribution of wealth in this country is distribution of power, period.”

The dispute that has played out over the past month shows just how unstable Iraq remains nearly a decade after the U.S.-led invasion, and injects an added level of uncertainty into a Middle East grappling with the potential of Syria, on Iraq’s doorstep.

A shootout between and Kurdish guards in the disputed northern city of Tuz Khormato kicked off the most recent bout of in mid-November. One civilian was killed and several police officers were wounded in the , the first deadly clash between the two sides in years.

Both sides responded by moving additional troops into the disputed areas. The buildup happened after Iraqi Prime Minister Nouri al-Maliki created a new military command overseeing security forces in contested areas bordering the Kurdish region. Kurds saw that as a provocation.

Tensions spiked earlier this week when the president of the Kurdish region appeared on television inspecting his green camouflage-clad troops near Kirkuk, an oil-rich city outside the Kurds’ autonomous enclave that has long been seen as a likely flashpoint for ethnic conflict. Massoud Barzani was shown alongside one of his sons, who was outfitted in full combat gear.

Iraqi Arabs bristled at the symbolism of the visit, which drew barbed comparisons to ousted dictator Saddam Hussein. Yassin Majid, an Iraqi lawmaker allied with al-Maliki, was among the most vocal.

“Barzani’s visit to Kirkuk was meant to send a message of war to all Iraqis. … This reminds us of Saddam when he used to take his sons while visiting military units on the front lines,” Majid said. “Barzani is acting like the president of a neighboring country to Iraq and … he is pushing things toward war.”

Despite the bluster, both sides benefit from not allowing the standoff to spiral into a shooting war.

Full-blown fighting would spook the foreign investors who have flocked to the Kurds’ self-rule region. It would also set back the central government’s efforts to restore stability and security after years of violence.

Those realizations may have helped push Barzani and al-Maliki to agree to Thursday’s deal, which calls on both sides to halt all media campaigns that could lead to more tension and work toward eventually withdrawing their military forces from disputed areas.

Under the plan, committees will be set up to create security forces made up of local inhabitants — a process that could prove tricky because it will have to balance competing ethnic and sectarian claims.

Iraqi President Jalal Talabani, himself a Kurd, helped negotiate the accord.

Ali al-Moussawi, a for al-Maliki, said he is optimistic but noted that the “real test will be the actual withdrawal of the deployed forces.” The Kurds likewise remain cautious about the issue of security forces for the disputed areas.

“This issue is sensitive and it needs work on the tiniest details so that any agreement, if reached, would guarantee that what has happened recently would not be repeated,” the Kurdistan Regional Government said in a statement.

The remaining risks are real. Iraqi and Kurdish officials, as well as foreign diplomats, fear that a miscalculation by a single soldier on either side might spark a firefight that could escalate.

The American military kept tensions between the two sides in check over much of the past decade. But the last American troops left on Dec. 18, 2011 — except for a small number of personnel attached to the U.S. Embassy that are responsible for facilitating Iraqi arms purchases and training Iraqis to use the weapons.

“After 2011, Iraqi politics are operating under their own logic again,” said Toby Dodge, an analyst at the International Institute for Strategic Studies think tank in London. “Al-Maliki’s consolidating and expanding (power). The Kurds are the last autonomous force that stands in his way.”

American military commanders were aware of the risks of Arab-Kurd , which they described as one of the biggest threats to Iraq’s security in the years before the U.S. pullout. Concerns about ethnic violence prompted the U.S. to create checkpoints jointly run by American, Iraqi and Kurdish forces in the disputed areas, effectively forcing the two sides to work together.

In recent weeks, American officials have pressed the Iraqi government and the Kurds to stop their troop movements and provocative statements while working toward some type of agreement.

Troops from both sides faced off near the Syrian border over the summer too, but American observers viewed the latest standoff as more worrying.

“There’s an intensity here that wasn’t present back in July on the Syrian border,” said a U.S. Embassy official, who was not authorized to speak publicly about the matter so insisted on anonymity. “It’s an on-the-ground form of negotiation that’s really risky.”

NHL Lockout: NHL season hostage to power struggles

5a33c1882dbf8373e554f78e2e618bbe NHL Lockout: NHL season hostage to power struggles
Possible from last week’s in the CBA talks is that if they resume, and his deputy, Bill Daly, will go back to doing the bidding of the league’s most hardline team owners (Mary Altaffer/AP)

(PhatzRadio / SI) — In the on Monday, Day 86, Gary Bettman opened his jar of vanishing cream, rubbed it on the schedule pages in The NHL Guide and Record Book and made another of games disappear.

The on-again, off again CBA negotiations are currently off. There’s a chance that the switch may be flipped back to on later this week because best buds Bill Daly and Steve Fehr resumed speaking over the weekend. This all follows ’s explosive , which Bruce Arthur of The National Post described on ’s Reporters show (video) as, “Gary Bettman treating a media conference like a therapist couch.”

“It was remarkable watching Gary Bettman in that situation,” seconded Michael Farber. “He was like Captain Queeg. He was missing the steel balls, but we have never seen Bettman that emotional and on the edge.” (And for those of you who are not familiar with Michael’s cinematic reference to Humphrey Bogart’s of a Naval officer melting down on the in The Caine Mutiny, here it is.)

Bettman’s rant was triggered by NHLPA ’s that the two sides were fairly close to a deal. Bettman may have exaggerated how close Fehr said a deal was, but that didn’t stop Fehr from repeating his belief to reporters on Saturday.

“All I can tell you is there had been some movement, we responded with some movement, we think we’re done on the dollars or very close to it with the exception of one issues called ‘transition’ that we haven’t even discussed yet, and that it seemed to me we ought to be able to move forward and try to finish it off. So far, at least, they have not indicated a willingness to continue discussions,” he said after a well-received speech at the convention in Toronto (video).

Over the weekend, we discussed a number of potential plot lines for the negotiations, but the key to whether Fehr’s optimism becomes reality has less to do with the players’ desire to get an agreement than with what set of ideas the owners will bring to the table if and when the talks restart. If the league’s agenda has been reclaimed by the hardliners led by Boston’s Jeremy Jacobs, you’d have to think that there’s little chance of any compromises. If the ideas put forward by the “moderates” during last week’s talks can be revived, there’s some hope that we’ll see an NHL season, or at least a shortened version of one.

When things broke down last week — and they ostensibly broke down over stands the owners took on issues they say they won’t budge off, but that the players wanted to negotiate — the league removed everything from the table that had brought the sides close. So unless those things get put back on the table, this process is going nowhere. And, as we discussed over the weekend, if the owners have made one of their focal points an attempt to remove Don Fehr from the process — a scenario that more and more observers, like Pat Leonard in The New York Daily News, believe is part of the league’s endgame — it really is going nowhere.

One of the crucial items that remains unsettled is the proposed length of contracts, which is designed to prevent circumvention of the salary cap. The owners want to limit deals to five years (with the ability to re-sign their own players for seven years) with a five percent variance in pay from one year to the next. The players, who previously enjoyed no limits, are willing to settle for eight years and a 25 percent variance. Here’s a very good breakdown of that issue from Adam Gertz of CBSSports.com. This is the issue that Daly called “the hill we will die on.” You can decide for yourself if you believe this is an issue worth losing a season over or if there is room for further compromise.

The process by which the “moderates” among the owners took center stage has yet to be fully explained, but Bob Rossi of The Pittsburgh Tribune-Review, who was aware of this development before anyone in the media, revealed some of the background over the weekend. We wondered last week how much the sea change in the talks was owed to the influence of Penguins co-owner Mario Lemieux, and whether he engaged in some quiet lobbying among his influential friends in the game prior to Tuesday’s talks to get the season going. Rossi confirms that’s just what happened.

The unknown now is whether Mario and friends have backed away or been turned off by last week’s events and, should they still feel they can salvage something of a season, whether their voices have been shut down by less agreeable owners and can still play an important role in brokering a deal. Chris Johnson of Canadian Press tweeted Monday, “Sidney Crosby says he won’t be part of CBA talks when they resume. It sounds like Burkle/Vinik/Tanenbaum/Chipman won’t either.” If talks resume without any other “moderates” involved, the prospects for a quick settlement won’t be good.

“So that’s where we are,” Jeff Blair wrote in a sharply worded Globe and Mail piece.”Ownership still testing the players’ resolve, making behind-the-scenes approaches to orchestrate a rebellion against Fehr while doing things they swore they’d never do and make changes to their last-ever, final, not-to-be-tinkered-with, best offer; players well aware that they can keep the owners chestnuts roasting on an open fire for three more weeks or so before the doomsday clock really starts ticking.”

Meanwhile, the world goes on without the self-destructive NHL as arena workers and others whose livelihoods are contingent on games being played have their already had their limited incomes further diminished. The NHL’s referees and linesmen are not being paid at all. There’s not much they can do about it.

Fans, however, continue to express their opposition and frustration. We wrote about their rising level of anger and their calls for boycotts last month. Another attempt has emerged, led by Steve Chase, a Montreal-born California hockey fan who makes commercials and has produced this new one for his “Just Drop It” effort.

He’s also got a Facebook page, which reads, “By clicking ‘like,’ I pledge that for every game you take from me after December 21st, 2012, I will boycott you for the equivalent number of games after the lockout ends.” Ten games missed, 10-games of boycott. Twenty games missed, a 20-game boycott. Over 4,100 fans had taken the pledge as of Monday morning. And that, to the Drop The Puck group, means they’ll spend no money on anything related to the NHL.

“Perhaps they’ll find this movement amusing,” one of the characters in the spot says, “but they’d be wise not to underestimate us.”

The Monday announcement that makes more games vanish triggered the pledge and those who took it now start counting the days.

NHL Lockout: NHL season hostage to power struggles is a post from: PhatzRadio.com

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 NHL Lockout: NHL season hostage to power struggles

NHL Lockout: NHL, union may resume talks this week

aa154d85d7c40935f9c6cbc06b22be32 NHL Lockout: NHL, union may resume talks this week

NEW YORK (AP) The NHL and the locked-out players’ association are talking again, and a return to the could happen soon.

After a few days to cool off following an epic in , the league and the union have been in touch with each other in an attempt to restart conversations that could save the hockey season.

“Trying to set up something for this week, but nothing finalized yet,” NHL Bill Daly wrote Sunday in an email to The Associated Press.

broke down after three of talks at a . Moments after players’ association said he believed the sides were closing in on a deal to end the , he was back at the to announce the NHL had rejected the union’s latest offer.

followed him and angrily stated that the sides weren’t close, and added he didn’t know why Fehr thought they were.

The tone has changed a bit since then. Whether it has shifted far enough for the sides to come to an agreement soon remains to be seen.

On Friday, Daly said he was at a loss how to get the bargaining process back on track.

“I have no reason, nor any intention, of reaching out to the union right now,” Daly said in an email to the AP. “I have no new ideas. Maybe they do. We are happy to listen.”

All games have been canceled through Friday, and more games will surely be wiped off the schedule soon. Bettman said Thursday that he won’t allow a season to be played that contains fewer than 48 games per team – the length of the season that was played after a ended in January 1995.

Fehr repeated on Saturday his feeling that the sides aren’t all that far apart.

“My comments from a ago stand on their own. I think we were very close,” Fehr told reporters after addressing a council meeting.

The lockout has resulted in the cancellation of 422 regular-season games along with the New Year’s Day Winter Classic and the All-Star game.

The NHL is in danger of losing its second full season in seven years. The lockout that forced the cancellation of the 2004-05 season marked the first time a North American professional sports league had a full campaign wiped out by a labor dispute. The agreement that was finally reached back then expired this September, leading to a lockout being imposed again on Sept. 16.

NHL Lockout: NHL, union may resume talks this week is a post from: PhatzRadio.com

 NHL Lockout: NHL, union may resume talks this week  NHL Lockout: NHL, union may resume talks this week  NHL Lockout: NHL, union may resume talks this week  NHL Lockout: NHL, union may resume talks this week  NHL Lockout: NHL, union may resume talks this week

 NHL Lockout: NHL, union may resume talks this week

World: At least 7 missing after tunnel collapse outside Tokyo

 World: At least 7 missing after tunnel collapse outside Tokyo

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Story Highlights

roof panels that collapsed onto vehicles inside the Sasago Tunnel
Location of the collapse, about a mile inside the tunnel, was complicating , reports said.
At least seven people are feared missing

TOKYO (AP) — At least seven people were feared missing Sunday after about 150 concrete panels fell from the roof of a tunnel on the main highway linking Tokyo with .

Efforts to rescue any survivors trapped inside the tunnel were hindered by after one vehicle caught fire inside the Sasago Tunnel, about 50 miles outside Tokyo.

also temporarily suspended work because of of a further collapse. They were attempting to reach at least several vehicles believed buried in the rubble, including a truck whose driver was trapped inside and had called his company for help.

“I could hear voices of people calling for help, but the fire was just too strong,” said a woman interviewed by NHK after she escaped from the tunnel.

reported that at least three bodies had been found inside the tunnel. However, Norio Furusawa, a for the Fire and Disaster , said he could not confirm that information.

Executives for Central Japan Expressway Co. said the company was investigating why the concrete panels had given way. A check of the tunnel’s roof in September and October found nothing amiss, they said.

A woman who escaped from a rental car that was trapped in the 3-mile-long tunnel told authorities that she was unsure about the condition of five other people who had been in the vehicle with her. Two other vehicles were known to be buried in the rubble, suggesting at least seven people were trapped inside, according to a statement by the Fire and Agency.

It said two people were confirmed injured, one of them moderately.

The tunnel, which opened in 1977, is one of many in mountainous Japan. The location of the collapse, about a mile inside the tunnel, was complicating rescue efforts, reports said.

Police vehicles, fire trucks and ambulances were massed outside the tunnel’s entrance.

MLB: Valentine says disloyal Red Sox coaches undermined him

3f7c7c35c5e6dae1a38c11b9633df658 MLB: Valentine says disloyal Red Sox coaches undermined him
Jarrod #39 of the consoles Daisuke Matsuzaka #18 prior to leaving the game as Manager Bobby Valentine looks on during their game against the New York Yankees on October 3, 2012 at in the of
(October 2, 2012 – Source: Al Bello/Getty Images North America)

NEW YORK (AP) — Red Sox manager Bobby Valentine’s job was safe for at least one final game.

General manager would not discuss the status of the Red Sox’s beleaguered first-year manager before Boston’s the New York Yankees on .

“I’m not going to talk about it,” Cherington said. “We have a game tonight. We’ve said many times, Bobby’s the manager of the team until the end of the year, and we’ll talk about it after the season. That’s what we’ll do.”

Valentine has had a trying first year with the Red Sox, 69-92 entering Wednesday. He was signed to a two-year deal to help revive an organization that was eliminated from on the last day of the season in 2011 after a September . Instead, because of injuries, a lack of pitching depth and underperformance, Boston has lost its most games since 1965 and finished last in the AL East for the first time since 1992.

On Wednesday, Valentine told Boston radio station that some of his coaches were not loyal to him and undermined him at times this season, his first as a manager since 2002.

He did tell reporters before the game at Yankee Stadium he thought the friction with the coaches had little to do with the team’s struggles.

“There’s situation during the year I didn’t think it was all for one or one for all, whatever it is,” Valentine said. “I don’t really remember specifically. … It was just a feeling.”

Cherington says he wasn’t aware of the problems. But Bo McClure was fired in August.

“If he feels that way I’m sorry he feels that way,” Cherington said. “I’m not in his office all the time. I’m not in the clubhouse all the time so I don’t know what he exactly was referring to. He’s got a right to his opinion.”

Valentine also said he regrets a few things he did this season, including his management of the bullpen early in the season when closer Andrew Bailey was hurt, one of 27 Red Sox to spend time on the disabled list in 34 stints, the most by any team since at least 1987, according to STATS LLC.

The often outspoken and manipulative Valentine wished he did not make the negative comments about popular infielder Kevin Youkilis during the morning drive in April. He was surprised by the reaction it got.

Looking ahead, Cherington said the team has talked to injured David Ortiz and outfielder Cody Ross, both free agents to be, about returning.

“David is a priority, and we’ve talked to Cody Ross also,” Cherington said. “I’m not going to comment anymore other than that, just to say we’re talking to those guys. David is someone that we feel strongly about bringing back, and we’re trying to figure out a way to do that. Cody fit in well and had a good year. It’s an area of need going forward.”

MLB: Valentine says disloyal Red Sox coaches undermined him is a post from: PhatzRadio.com

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help MLB: Valentine says disloyal Red Sox coaches undermined him
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help MLB: Valentine says disloyal Red Sox coaches undermined him
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help MLB: Valentine says disloyal Red Sox coaches undermined him
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help MLB: Valentine says disloyal Red Sox coaches undermined him
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325472601571f31e1bf00674c368d335 MLB: Valentine says disloyal Red Sox coaches undermined him

British Open 2012: Ernie Els wins stunning Open when Scott collapses

e9b8d4d9a200a2faa4f09af0611ad10d British Open 2012: Ernie Els wins stunning Open when Scott collapses
( of South Africa kisses the after winning the British Open at Royal Lytham & St. Annes on Sunday in Lytham St. Annes, England. Photo by The Associated Press.)

LYTHAM ST. ANNES, England — Ernie Els plucked the ball from the hole after one last and heaved it into the . At the time, it looked like nothing more than a classy by a former — not the next one.

The name on the was supposed to be , who had a four-shot lead with to play.

But in a shocking turnaround Sunday, Els returned to the 18th green less than an hour later to claim the oldest trophy in golf. Scott joined a list of players who threw away a major.

That was not lost on Els, whose heart sank when he looked over at the 32-year-old Australian.

“Sorry,” Els told him. “You’re a great player, a great friend of mine. I feel very fortunate. You’re going to win many of these.”

Scott might not get another chance like this.

After hitting a 3-wood into a pot bunker on the final hole, Scott had one when he stood over a 7- to force a playoff. It stayed left of the cup, and Scott dropped into a crouch. Standing off to the side, his chin quivered as the of the meltdown hit him. Instead, he mouthed one word: “Wow.”

Wow, indeed.

Even though Els had gone more than two years without winning, and had thrown away two tournaments in recent months with shaky putting, the Big Easy felt all along something special was going to happen at this British Open.

And it did — all because of a by Scott no one saw coming.

“I know I let a really great chance slip through my fingers today,” Scott said.

On a wind-swept afternoon at Royal Lytham & St. Annes that blew away the hopes of and a handful of others, Scott looked steady as ever by going eight straight holes without making . And that’s when it came undone.

“I had it in my hands with four to go,” Scott said.

A bogey from the bunker on the 15th cut the lead to three. That was followed by a three-putt bogey on the 16th, where his 3- spun in and out of the cup and made the gallery gasp. From the middle of the 17th fairway, he hit a 6-iron that turned left, ran down the slope and took one last bounce in shin-high grass.

“I thought, ‘Hold on. We’ve got a problem here,’” said Graeme McDowell, playing with Scott in the final group.

By then, Els had posted a 2-under 68 with a 15-foot birdie putt on the final hole, a cheer Scott recognized while playing the 17th. Scott failed to get up-and-down for par from the rough and suddenly was tied.

Els headed to the practice green, where it rarely works out for him. In perhaps the most crushing defeat in a career filled with them, Els was on the putting green at Augusta National in 2004 when Phil Mickelson made an 18-foot birdie putt to win the Masters.

“I just thought, ‘I’ll probably be disappointed again,’” Els said. “You’re not really hoping the guy is going to make a mistake, but you’re hoping you don’t have to go a playoff, you can win outright. This one was different, because I feel for Adam.”

Els, who started the final round six shots behind, wound up with his second British Open — the other one was 10 years ago at Muirfield — and fourth major championship at a stage in his career when it looked as if his best golf was behind him.

“Amazing,” Els said. “I’m still numb. It still hasn’t set in. It will probably take quite a few days because I haven’t been in this position for 10 years, obviously. So it’s just crazy, crazy, crazy getting here.”

The celebration was muted, unlike his other three majors.

“First of all, I feel for Adam Scott. He’s a great friend of mine,” Els said. “Obviously, we both wanted to win very badly. But you know, that’s the nature of the beast. That’s why we’re out here. You win. You lose. It was my time for some reason.”

The wind finally arrived off the Irish Sea and ushered in pure chaos — a mental blunder by Woods led to triple bogey on the sixth hole, a lost ball by Brandt Snedeker took him out of contention and a topped shot made McDowell, a former U.S. Open champion, look like an amateur.

“I guess my disappointment kind of seems relatively stupid in relation to the guy … I’ve just seen a guy lose The Open Championship,” said McDowell, who played in the final group of a major for the second straight time.

Nothing was more stunning than what happened to Scott, who closed with a 75.

“I managed to hit a poor shot on each of the closing ,” Scott said. “Look, I played so beautifully for most of the week. I shouldn’t let this bring me down.”

Even so, it added another chapter to Australian heartbreak, most of that belonging to his idol, Greg Norman.

Scott was the fourth Australian since the 2007 Masters to lead going into the final round of a major, yet the proud land Down Under remains without a major since Geoff Ogilvy won the U.S. Open at Winged Foot in 2006.

“Greg was my hero when I was a kid, and I thought he was a great role model, how he handled himself in victory and defeat,” Scott said. “He set a good example for us. It’s tough. I can’t justify anything that I’ve done out there. I didn’t finish the tournament well today.

“But next time … I’m sure there will be a next time and I can do a better job of it.”

Already in the World Golf Hall of Fame, the 42-year-old Els joined even more elite company. He became only the sixth player to win the U.S. Open and British Open twice. The others are Jack Nicklaus, Woods, Walter Hagen, Bobby Jones and Lee Trevino.

Woods came undone on the sixth hole when he tried to blast out of a bunker from a plugged lie, stayed in the bunker, and three-putted for triple bogey. Still with an outside chance after a birdie on the 12th, he stuck with his conservative plan of hitting iron off the tee and made three straight bogeys. He closed with a 73 to tie for third with Brandt Snedeker, who also had his share of problems for a 74.

Woods had his best finish in a major since he lost to Y.E. Yang in the 2009 PGA Championship, though he remains winless in the last 17.

“It’s part of golf,” said Woods, who moves to No. 2 in the world. “We all go through these phases. Some people, it lasts entire careers. Others are a little bit shorter. Even the greatest players to ever play have all gone through little stretches like this.”

Els finished at 7-under 273. He failed to qualify for the Masters this year for the first time in nearly two decades, but that won’t be a problem now. His win gives him a five-year exemption into the majors.

It was the most shocking at the British Open since Jean Van de Velde took a triple bogey on the final hole at Carnoustie and lost in a playoff. But this was different. It wasn’t a last-minute blowup, more of a slow bleed, similar to Jason Dufner losing a five-shot lead to Keegan Bradley in the PGA Championship last year, or Ed Sneed making bogey on the last three holes at the 1979 Masters.

There was just enough wind to make the 206 bunkers at Royal Lytham look a little bit bigger. And as the gusts increased, a calm week turned chaotic.

It started with Woods on the sixth hole, his first triple bogey at a major championship since he lost his ball on the opening hole at Royal St. George’s in 2003.

“One yard,” he said to his caddie, a measure of the miss. It plugged near the steep wall of a pot bunker.

Instead of chipping to the middle of the bunker, Woods tried to get out with a ferocious swing. The ball smacked into the wall, nearly hit him and wound up near the left wall. He sat on the grass, his left knee (which has gone through four surgeries) flexed underneath him, his right leg extended as he dipped his upper body toward the sand to make a swing. This one also hit the ball, and caromed around and out to the right. From there, he three-putted for a 7.

“The game plan was to fire it into the bank, have it ricochet to the right and then have an angle to come back at it,” Woods said. “Unfortunately, it ricocheted to the left and almost hit me.”

Just like that, he was seven shots behind. It was the second time this year one of golf’s biggest stars made triple bogey in the final round of a major while in contention. Phil Mickelson made his on the fourth hole at the Masters and never recovered.

Els made a bogey on the ninth to fall six shots behind. All that did was fire him up, and he came home in 32. His 68 is best measured in these terms — of the last 12 players who teed off in the final round, no one else had better than a 72.

British Open 2012: Ernie Els wins stunning Open when Scott collapses is a post from: PhatzRadio.com

 British Open 2012: Ernie Els wins stunning Open when Scott collapses

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Should you listen to your gut?

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(Phatforums News / Match.com) — You’ve just met someone who you think you’re into. But you’ve been through this before. You think “Wow!” and then you have , third thoughts, and by the time you get around to meeting again, you don’t know what you think anymore.

But wait a minute: Thinking is a passion-killer. To know how you feel, you need to listen to your heart, not your head. Tune into your romantic , and don’t let second-guessing put the on romantic potential. We’ll help you do just that: Check out your sign, and pay attention to how your romantic reveal when you’re ready for something big.

Aries
You’re a fearless fire sign, up for a challenge, but when real love potential hits, it can bring out your inner . You won’t want to talk about it, you might throw down some big to tell your pals you’re not really into anyone, but the minute your new ’s name is mentioned you’re quiet, clumsy and cautious. Your romantic instincts bring unfamiliar into your life. If you feel off balance, a partner could be your new equilibrium.

Taurus
Stable, loyal and careful, you’re an earthy sign at ease with love and tender moments. Yet your composure is thrown off by earth-shattering attraction. Your throat can close up (coughing and choking aren’t uncommon), and your voice can be wobbly or even crack. Take a , keep a bottle of water nearby, and if you can get a friend to translate for you, all the better.

Gemini
Never at a loss for words, you are a mutable air sign of unflagging energy. A Gemini in the first of love might experience a of verbal skills (you will be quiet) as well as an unaccustomed stillness. As a sign that rules the mind, you’re going to be thrown off by any deep emotion. If words aren’t easy, you can’t think of anything to say, and you’re feeling pretty stupid, you’re probably on the verge of love.

Cancer
Tough on the outside, mush on the inside, you’re a very loving water sign when your heart is in it. When you’ve met someone worthy of your love consideration, you’re likely to get really tough, even moody, and test this poor person to the point of despair. The more you care, the more you’ll dare. Lucky for you, if your new love interest passes your tests, he or she will be rewarded by the most loving person on the planet. Just hope the person sticks around to enjoy that reward.

Leo
A fixed fire sign, you manage to spin your stubbornness and innate sense of entitlement into a virtue. People expect you to stick to your standards and assume a role of leadership. When love comes along, your royal nature softens from lion to pussycat. If you find yourself curling up in the lap of your new love interest, it’s the real thing. If you start to purr, it’s really serious.

Virgo
You are a flexible earth sign and therefore can figure out how to please just about anyone — but who does it for you? If you find yourself willing to eat the barbecued shrimp in spite of your shellfish aversion, you’re cooked. Most of all, you’re in love when you don’t care at all whether you’re right — ever.

Libra
For a sympathetic, smart, and romance-loving air sign, you’re usually the first to know when you’ve met a great match. If your innate love radar is on the blink or if you have more than one amour to choose from, employ this very simple formula. Whichever love interest inspires the most outfit try-ons and shoe changes is the winner. Vanity is the road to relationship.

Scorpio
You’re an intense water sign who typically oozes sensuality. Lust is easy; love is hard. If you find that you’re OK with baring your soul or at least a tiny bit of your imperfect self, you can be sure this is more than a lust connection. Sharing is caring, especially for you.

Sagittarius
As an adventurous fire sign, you’re either always in love or never in love, but either way, real love can be elusive unless you sit still for a second. When you meet someone who doesn’t mind your absences or, conversely, makes you want to stay put, you’re on the road to commitment. The ideal relationship incorporates both.

Capricorn
An emphatic believer in right versus wrong, you are the one sign that seriously goes weak at the knees when love is right. Perhaps you take the phrase literally. When you meet someone important, you will doubt all that you thought you knew. Of course, eventually you’ll realize you’re always right… but by then, you’ll be happy in love.

Aquarius
As an expansive, do-gooder air sign, your idea of love is probably more traditional than you’d let on. While you build utopias in your head and enjoy unpredictable behavior and inventiveness in your life, love is on its way.

Pisces
As the most loving water sign in the stars, you spend more time thinking about love than most. But your romantic vision is better than romantic reality. When you meet someone who keeps you interested despite not knowing the script you’d written for your love scenes, you’re on your way to the best of both possible worlds.

Astro-coach Barrie Dolnick helps people find love and happiness by understanding their stars and their karmic energy. She is the author of twelve books, including Simple Spells for Success, now in paperback.

Insight: The curious case of Iowa broker’s Romanian property empire

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() – ., the founder of failed Iowa brokerage , had a long way from the where he built his name.

More than a decade before he allegedly began hiding more than $200 million of misappropriated in a scheme that unraveled this week, Wasendorf joined three other Chicago traders as founding investors in one of Romania’s largest real estate development groups, Avrig 35 Group, which was valued at more than $1 billion at its height in 2007.

But since 2007 the paper value of his holdings has crashed from around $150 million to less than $45 million, as Avrig has written down investments.

As Avrig’s complex web of dozens of firms struggles to trade its way out of difficulties, Alexander Hergan, Wasendorf’s Romanian-born business partner and a former options trader and founding member of the Chicago Board of Options Exchange (CBOE), hopes the drama in Iowa doesn’t upset the firm’s recovery.

“I don’t want any kind of from Russell’s situation to spill into the Avrig Group,” he said in a telephone interview from Romania.

“Avrig 35 was put into insolvency just recently but we’ve been successful in working our way out of this. We plan to pay down $50 million of our debts in the next two months. We have saved this company in the past year.”

The firm, well-known in Romania for having built the country’s tallest building, adds an unlikely new dimension to the deepening mystery around Wasendorf, whose attempted suicide on Monday set off an , a lawsuit from regulators, and the of PFGBest into bankruptcy.

Avrig’s problems after the 2008 also shed new light on Wasendorf’s finances, the subject of intense scrutiny as investors seek to trace the missing U.S. funds.

Hergan said he didn’t believe Wasendorf’s alleged misuse of PFGBest could be related to Avrig’s financial problems.

Asked if he was concerned U.S. regulators may want to look at Avrig as part of their investigation, he said the group would cooperate fully with any investigation.

“Of course we’ve thought about it, but we’re not concerned. They could go after his assets, they could go after his shares in Avrig Group, but the other shareholders will buy them as the value is currently depressed,” Hergan said.

“There is nothing we have to hide.”

GO HOME AND GO BIG

Hergan, who emigrated to the United States in 1966 at the age of 19, says he and Mark Proskine — father of current Avrig CEO Matthew Proskine — met Wasendorf in the 1990s, when the Iowa native attempted to buy their trading seats on a Chicago exchange.

While the deal eventually fell through, they maintained contact. Years later, Hergan pitched the idea of investing together in his native Romania, which was entering a period of explosive economic growth a decade after the 1989 collapse of Nicolae Ceau?escu’s brutal communist regime.

Hergan said that Wasendorf, Hergan, the elder Proskine — and one other Chicago-based investor he declined to name — put up $500,000 each in 1999 to launch the venture. Hergan moved back to Bucharest the same year.

Avrig rode the boom. The firm was involved in the construction of some of the largest buildings in Romania, including a partnership that built the country’s highest skyscraper, the 26-story Bucharest Tower Center, in 2007.

At its peak in 2007, Wasendorf’s Romanian investment would likely have dwarfed the value of PFGBest. It was at this time that Wasendorf embarked on his plan to relocate PFGBest from Chicago to his home state of Iowa, designing an $18 million, 15,000-square-meter custom-built complex in Cedar Springs.

NEVER VISITED

Wasendorf wasn’t involved in the day-to-day running of Avrig, Hergan said, and never visited Romania. But the men would talk by telephone, and met in Chicago at least once a year for the group’s annual investor meeting.

Avrig expanded to more than 60 companies by 2008, branching into sectors as diverse as television channels, retail stores and asset management. By 2007, UBS bank was advising the company about listing on the London Alternative Investment Market (AIM), and valued the group at more than $1 billion.

On paper, Wasendorf’s initial $500,000 investment in the group had ballooned. While his stake in the company had been diluted to less than 15 percent as Hergan brought in other investors, it would still have been worth as much as $150 million, or 300 times the original investment in just 8 years.

Plans to list Avrig in London collapsed with the onset of the financial crisis.

“When the hard times hit…the banks just stopped funding us, some when we were right in the middle of construction,” Hergan said. “The market just stopped functioning.”

By July of last year, the group faced a series of petitions from creditors trying to push Avrig into insolvency due to mounting debts. The Bucharest Tower Center skyscraper had stood empty for at least three years, and Avrig hadn’t sold a significant property since the onset of the crisis.

Financial data obtained by Reuters from the Romanian finance ministry showed that Avrig had amassed total debts of about 135 million lei ($36.6 million) on its balance sheet by 2010. That has more than doubled to around $80 million now, according to Hergan.

While the company is still operating, its bank account balance was just 13,240 lei ($3,600) at the end of 2010, the data showed. It had made a loss in each of the past three years.

CAPITAL CALL

Between 2007 and 2011, Wasendorf contributed cash to three to four relatively small ‘capital calls’ from Avrig, said Matthew Proskine, in the same telephone interview. He said this culminated in a larger $750,000 investment last year.

“They have all been repaid with interest already,” Hergan said.

Hergan said when he had met Wasendorf last year “he seemed a little more tense” but that he hadn’t thought anything of it at the time.

Wasendorf is currently at an Iowa hospital after apparently attempting to commit suicide in his car outside PFGBest’s Cedar Falls headquarters on Monday.

“I never dreamt of the possibility of him being involved in something like this,” Hergan said. “When these things happen people are left shaking their heads.”

(Reporting By David Sheppard and Radu Marinas; Editing by Jonathan Leff and Martin Howell; additional reporting by Joshua Schneyer and Ann Saphir in Chicago)