Tower-Climbing, Frisbee-Tossing Robots Kick Off 2013 START Competition



Representatives from more than 50 high schools gathered at San Jose State University Saturday for the kickoff to the 2013 season of the FIRST Robotics Competition, inventor Dean Kamen’s attempt to turn robotics and engineering education into a high school sports-like event. This year’s competition: build a robot that can throw Frisbees and climb a 90-inch-tall metal pyramid tower.


The 22nd annual kickoff brought the Silicon Valley Region together for a video broadcast announcing the particulars of the season, which will incorporate six weeks of building, followed by regional competitions and eventually an international championship. Each year, teams of high school students receive a kit of parts and detailed descriptions of a game their robots must play. Typically, the goals involve some sort of projectile and alliances of three robots, each backed by their builders/operators. But each year the game is different; in the past, robots have fired basketballs at hoops, placed inflatables on racks and knocked soccer balls through goals.


Though the game changes, the goal is the same — to grow the status of STEM (Science Technology Engineering Mathematics) education. Even the name FIRST, while sometimes confusing, is a reference to that object: For Inspiration and Recognition of Science and Technology.


“People tend to really enjoy engineering and math and science if they get to build robots,” says Anand Atreya, a FIRST alum from 10 years ago, who has since received degrees from Princeton and MIT, and is currently a Ph.D. student in electrical engineering at Stanford. Volunteering on FIRST’s Silicon Valley Regional Planning Committee, he says the competition has changed in two primary ways: the number of teams has grown, as has the quality of equipment in the kits that each team receives as part of the kickoff. While still not as popular as high school football, funding has grown too — sponsors donate parts for the kits, and universities and professional associations offer more than $16 million in scholarships to FIRST graduates.


Teams in the 2013 competition, titled “Ultimate Ascent,” will compete to throw Frisbees through goals on either end of the playing court. Points are awarded for successful tosses, based on the difficulty of each goal. Then, as the competition ends, the robots can ascend a pyramid made of metal pipes on their side of the field — if they remain suspended, they get extra points.


But it gets more complicated. Because robots are allied in groups of three, not every robot does the same thing. Each gets points for climbing, but some will play defense, and some will scoop up Frisbees to deliver to robots that specialize in throwing. It’s a collaborative, competitive effort.



For Presentation High School in San Jose, 2013 will be the team’s 7th year competing. The school is all-girls, so the team is too.


“The girls are every bit as smart as the guys, but they don’t have confidence,” says David Simpson, the team’s coach, adding that part of why he’s involved is to help more girls to participate in engineering. “What we’ve found is that having FIRST on the application is a big help getting into school,” he says.


Led by senior co-captains Gabi Pastera, Jen Earley, and Emily Mullins, the team is already brainstorming as they go to pick up their kits.


“We gotta make it really light,” says Earley.


“We can use 16th-inch wall, if we’re not worried about people pushing us around,” Mullins suggests. They haven’t decided whether to build a defensive or offensive robot.


The team of about 30 students will spend nights and weekends for the next six weeks at Presentation’s machine shop, a dedicated space for the robotics club in a house across the street from the school. The shop has been outfitted with three computers running SolidWorks, and a Syil CNC milling machine. Scattered about the workshop are other tools, motors, wires, and parts of robots from previous years. Mullins will design parts on SolidWorks, Pastera and Earley will mill them on the machine.


But first, they convene with the rest of the team. It’s still early on a Saturday morning — the kickoff started early, and teams had grabbed their kits, taken a look at a sample pyramid, and split by 8:30am — but the girls buzz with energy (and donuts) as they go over the rules. Then Earley, Pastera, and junior Kiki Sham open the kit, comparing the cables, motors, sensors, and hundreds of other parts to the kit checklist. Most teams will have additional parts — Presentation has been stockpiling aluminum — from sponsors or from previous years. They have six weeks to work on the robot, after which they must seal it in a bag, to be opened only at competitions.


In April, Presentation High will compete at the Silicon Valley Regional Competition, one of 57 around the country that will send a total of about 400 teams to the 2013 championships, held April 24-27 in St. Louis. (FIRST encourages spectators to attend the competitions; a full list of dates and locations can be found on their website.)


Next year, Gabi will be moving on to engineering school. Though she hasn’t decided which one, her passion for the subject arose from her involvement in FIRST, which she joined as a freshman.


“I actually didn’t know anything about robotics before I joined,” she says. “It kind of becomes an addiction after a while.”



Photos: Nathan Hurst


Read More..

Puppy Bowl is back – now with hedgehogs






LOS ANGELES (TheWrap.com) – Are you ready for some necessary ruff-ness? Good, because Puppy Bowl IX is officially a go.


Animal Planet has confirmed that its cherished annual tradition, Puppy Bowl, is back on for another round of gridiron thrills and canine cuteness.






This year’s Puppy Bowl will take place February 3 – for those who don’t follow non-puppy sports, that’s Super Bowl Sunday – from 3 to 5 p.m., at the newly christened Geico Stadium, with 63 pooches vying for glory on the field.


The latest incarnation of the animal kingdom’s most-anticipated sporting event is receiving a few tweaks this year. In a first for the nine-year-old Puppy Bowl, the battling canines will be encouraged from the sidelines by a squadron of hedgehog cheerleaders. In another first, new Puppy Cam technology will put viewers on the field with “in-your-face” shots of snouts, tails and paws, while an off-field camera will capture substitutes warming up for the game in a special puppy hot tub. (Three words: underwater puppy shots.)


As always, the game will feature the Kitty Half-Time Show, where kittens will provide a break from the action on the field with an array of acrobatics and gymnastics, culminating in a confetti shower. (Because, really, do you expect any surprises from Beyonce’s half-time show this year?)


TV News Headlines – Yahoo! News





Title Post: Puppy Bowl is back – now with hedgehogs
Url Post: http://www.news.fluser.com/puppy-bowl-is-back-now-with-hedgehogs/
Link To Post : Puppy Bowl is back – now with hedgehogs
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Oil Sand Industry in Canada Tied to Higher Carcinogen Level


Todd Korol/Reuters


An oil sands mine Fort McMurray, Alberta.







OTTAWA — The development of Alberta’s oil sands has increased levels of cancer-causing compounds in surrounding lakes well beyond natural levels, Canadian researchers reported in a study released on Monday. And they said the contamination covered a wider area than had previously been believed.




For the study, financed by the Canadian government, the researchers set out to develop a historical record of the contamination, analyzing sediment dating back about 50 years from six small and shallow lakes north of Fort McMurray, Alberta, the center of the oil sands industry. Layers of the sediment were tested for deposits of polycyclic aromatic hydrocarbons, or PAHs, groups of chemicals associated with oil that in many cases have been found to cause cancer in humans after long-term exposure.


“One of the biggest challenges is that we lacked long-term data,” said John P. Smol, the paper’s lead author and a professor of biology at Queen’s University in Kingston, Ontario. “So some in industry have been saying that the pollution in the tar sands is natural, it’s always been there.”


The researchers found that to the contrary, the levels of those deposits have been steadily rising since large-scale oil sands production began in 1978.


Samples from one test site, the paper said, now show 2.5 to 23 times more PAHs in current sediment than in layers dating back to around 1960.


“We’re not saying these are poisonous ponds,” Professor Smol said. “But it’s going to get worse. It’s not too late but the trend is not looking good.” He said that the wilderness lakes studied by the group were now contaminated as much as lakes in urban centers.


The study is likely to provide further ammunition to critics of the industry, who already contend that oil extracted from Canada’s oil sands poses environmental hazards like toxic sludge ponds, greenhouse gas emissions and the destruction of boreal forests.


Battles are also under way over the proposed construction of the Keystone XL pipeline, which would move the oil down through the western United States and down to refineries along the Gulf Coast, or an alternative pipeline that would transport the oil from landlocked Alberta to British Columbia for export to Asia.


The researchers, who included scientists at Environment Canada’s aquatic contaminants research division, chose to test for PAHs because they had been the subject of earlier studies, including one published in 2009 that analyzed the distribution of the chemicals in snowfall north of Fort McMurray. That research drew criticism from the government of Alberta and others for failing to provide a historical baseline.


“Now we have the smoking gun,” Professor Smol said.


He said he was not surprised that the analysis found a rise in PAH deposits after the industrial development of the oil sands, “but we needed the data.” He said he had not entirely expected, however, to observe the effect at the most remote test site, a lake that is about 50 miles to the north.


Asked about the study, Adam Sweet, a spokesman for Peter Kent, Canada’s environment minister, emphasized in an e-mail that with the exception of one lake very close to the oil sands, the levels of contaminants measured by the researchers “did not exceed Canadian guidelines and were low compared to urban areas.”


He added that an environmental monitoring program for the region announced last February 2012 was put into effect “to address the very concerns raised by such studies” and to “provide an improved understanding of the long-term cumulative effects of oil sands development.”


Earlier research has suggested several different ways that the chemicals could spread. Most oil sand production involve large-scale open-pit mining. The chemicals may become wind-borne when giant excavators dig them up and then deposit them into 400-ton dump trucks.


Upgraders at some oil sands projects that separate the oil bitumen from its surrounding sand are believed to emit PAHs. And some scientists believe that vast ponds holding wastewater from that upgrading and from other oil sand processes may be leaking PAHs and other chemicals into downstream bodies of water.


Read More..

Euro Watch: Unemployment Continues to Climb in Euro Zone







PARIS — Unemployment in the euro zone rose to a new record in November, according to data released Tuesday that also showed that the troubles in the 17-nation currency zone are straining its strongest member, Germany.




The euro zone jobless rate rose to a new high of 11.8 percent in November from 11.7 percent in October, Eurostat, the statistical agency of the European Union, reported from Luxembourg. Eurostat estimates that about 18.8 million in the euro zone were unemployed in November – 2 million more than a year earlier.


Germany has provided necessary momentum to Europe’s overall economy throughout the past three years, proving resilient to the crisis plaguing the common currency, largely due to the strength of its exports.


But on Tuesday, the Federal Statistics Office in Berlin said that German imports slid 3.7 percent in November, while exports dropped 3.4 percent, resulting in a narrowing of Germany’s trade surplus to €14.6 billion, or $19 billion.


German factory orders also fell in November amid weak demand from outside the euro area, the Economy Ministry in Berlin said Tuesday. Orders, adjusted for seasonal swings and inflation, dropped 1.8 percent from October, when they jumped a revised 3.8 percent.


“The November numbers are not a one-off but an extension of the current trend of weakening exports,” Carsten Brzeski, an economist at ING, wrote in a research note on Tuesday in which he pointed out an overall decline in German exports of about 4 percent since last May.


“Today’s data confirmed our view that exports should have turned from driver of growth into drag on growth,” he wrote.


A separate report from Eurostat showed retail sales fell 2.6 percent in November from a year earlier, though they managed a 0.1 percent gain from October.


The latest dire reports come as the governing council of the European Central Bank prepares to hold a policy meeting Thursday, followed by an interest-rate announcement. Despite a sharp dip in bank lending reported last week that has some analysts suggesting the central bank might try new steps to stimulate the economy, economists surveyed by Reuters expect the E.C.B. to leave policy unchanged this month, as it waits for a clearer picture of this year’s economic situation to emerge.


Like their counterparts in the United States, Japan and Britain, the euro zone monetary authorities have already opened the spigots, allowing banks to borrow essentially as much as they want at the benchmark rate. Mario Draghi, the E.C.B. governor, has pledged to do whatever is necessary to ensure the stability of the euro, including, if necessary, buying the sovereign bonds of Spain and Italy to hold their borrowing costs to sustainable levels.


The central bank's action has succeeded in calming markets and driving down government bond yields for embattled countries. The European Commission reported Tuesday that an index of economic sentiment in the euro zone had improved in December by 1.3 points, to 87.0 “Economic sentiment in the euro area improved among consumers and across all sectors, except retail trade,” the commission reported.


Europe also got a vote of confidence from Tokyo on Tuesday, as Finance Minister Taro Aso said Japan would buy bonds of the European Stability Mechanism, the euro zone bailout fund, as well as euro sovereign debt.


“The financial stability of Europe will help the stability of foreign exchange rates, including the yen,” Mr. Aso was quoted by the Nikkei newspaper as saying.


Attacking joblessness may require governments to ease back on austerity measures that many economists, including some at the International Monetary Fund, say might have gone too far. In France, President François Hollande has vowed to turn around the flagging labor market in France, where, according to Eurostat, unemployment as 10.5 percent in November.


Eurostat said Spain, suffering from the collapse of a property bubble and struggling to cope with tough austerity measures, had the highest unemployment rate, at 26.6 percent. Greece, the beleaguered country where the sovereign debt crisis began, was next at 26.0 percent, according to September data. Austria, at 4.5 percent, tiny Luxembourg, at 5.1 percent, and Germany, at 5.4 percent, were the lowest.


Worryingly, youth unemployment continues to grow, with 5.8 million people under 25 classified as jobless in November, up 420,000 from a year earlier.


In Berlin for talks with Chancellor Angela Merkel on Tuesday, the Greek prime minister, Antonis Samaras, singled out youth unemployment as one of the largest challenges Greece faces in trying to revive its economy. But he told reporters before meeting the chancellor that his overall message was one of optimism.


“I see the glass half-full,” Mr. Samaras said before taking part in an economic conference held behind closed doors in the German capital. “We’re delivering and Europe’s helping.”


It was the Greek prime minister’s second trip to Berlin since taking office and although the mood appeared lighter than during his inaugural visit in August, which came on the heels of calls from within Ms. Merkel’s government for Greece to leave the common currency, his country still faces enormous challenges.


Greece is focusing its efforts on winning back the trust of Europeans, as well as the markets, Mr. Samaras said. But he stressed that the high unemployment, especially among young people, was weighing heavily on Greeks.


“I would like to make it clear up front that our country is making enormous efforts and many are paying a high price, in order to get things back on track,” Mr. Samaras said.


Ms. Merkel stressed that Greece’s European partners must not leave it alone with its troubles, perhaps wary of the fragility of Mr. Samaras’ three-party coalition government which has been forced to push through deeply unpopular, painful reforms.


“We also must do everything to guarantee economic growth, security and jobs,” Ms. Merkel said.


David Jolly reported from Paris. James Kanter in Brussels and Niki Kitsantonis in Athens contributed reporting.


Read More..

From gang member to team player









SAN FRANCISCO — Luis Aroche learned about violence at Leonard R. Flynn Elementary School, across from the projects where his friend Carl lived.


He remembers sitting down at his desk and seeing his teacher, Mrs. Foster, in tears. His class had just finished the Pledge of Allegiance.


"Carl was playing on the swings and got shot," Aroche said. "And died. Kindergarten. He got found laying in a pool of blood in the park," Aroche paused. Swallowed. Started up again. "He was my desk buddy. He would go with me to the bathroom. And now, Carl wasn't there.





"That was my first experience of loss. And I didn't understand it. To this day, I don't understand it."


Aroche since has become something of an expert on violence — as victim, perpetrator and now as part of a hoped-for solution. Last year, San Francisco Dist. Atty. George Gascon hired the former gang member to be his office's first "alternative sentencing planner," part of an effort to keep offenders from ending up back behind bars.


The position, criminal justice experts say, has no equivalent in any prosecutor's office in the country.


And Aroche is as singular as his job. An Aztec skull tattoo stretches down his right forearm to his hand, its grimace partly wiped away by laser removal. The day his juvenile record was sealed, he says, was the happiest of his life.


Today, he helps prosecutors figure out who among San Francisco's low-level offenders deserves a jail cell and who deserves a second chance.


He knows a lot about both.


::


If you were Aroche, 12 years old and living in the Mission District in 1990 — when gangs and crack cocaine meant funerals were as commonplace as quinceañeras — you got a tattoo, cut school and drank beer. You thought a stint in Pelican Bay State Prison was like going off to "Stanford or Yale." You practiced how to sit and talk and smoke like the toughest prisoners.


"We would learn how to iron our clothes using a comb, 'cause that's how you iron your pants in prison," Aroche said. "You iron it with the teeth of the comb … and then you put it underneath the mattress."


Aroche's first tattoo was a small cross on his left hand, in the soft web between thumb and forefinger. He got it in an alleyway not far from the studio apartment where he slept on the floor with his five brothers, three sisters, the occasional niece or nephew. His parents got the bed in the corner.


His Salvadoran mother was a chambermaid at a Fisherman's Wharf motel, his Puerto Rican father a security guard in the Navy shipyards.


And his older brothers? They would disappear for years. Aroche didn't know why until his father took him to visit San Quentin State Prison. They were "main men" in a notorious Northern California prison gang. When they were out, they were "the mayors of the Mission."


By the time Aroche was 15, he was drinking so much and incarcerated so often that he gave himself a test every night before he went to sleep. If he put out his hand and felt warm, smooth drywall, he knew he was home. If he felt cold, slick concrete, he was in custody.


One night he ended up in the hospital. He'd been drunk, hanging out in Lucky Alley, when a car drove up and the doors flew open. Aroche saw his friend get sliced with a machete. Gunshots rang out.


"And I remember some guy grabbing me and hitting me with a crowbar and stabbing me in my stomach," he said. "And I could feel the pierce of my stomach, just ripping me open.... And I thought, this is it. This is it. This is my life."


::


At the computer in his spartan office at the Hall of Justice, Aroche is poring over the official tale of another life in the balance: a 28-year-old woman on a downward spiral.





Read More..

IPO Lottery 2013: 10 Companies to Watch

The Chinese calendar might have it pegged as the year of the black snake, but investors are already calling 2013 the year of the enterprise IPO. Not nearly as catchy as something reptilian, but hopefully a lot more profitable than the newly public consumer companies, Facebook chief among them, that took a beating in the public markets in 2012.

Consistent with the enterprise theme, we already know that data-center networking company Gigamon and solid-state storage business Violin Memory have filed their S-1 forms. Other enterprise plays will follow. And just because the smart money is betting on companies that get paid selling to other companies, doesn’t mean some well-known consumer outfits, including Twitter, Square, and Evernote couldn’t try their luck with an IPO in 2013.

We picked nine private companies with public market potential to watch in 2013. For each we weigh the odds of whether, market conditions permitting, of course, they have a shot or not.

Above:



Odds of an IPO: Looking good, but only if it can close its next round

This startup is the darling of the collaborative consumption movement, allowing anyone to put up their house or apartment for travelers to rent. While it’s been close to 18 months since its taken venture capital, Airbnb is already up to $230 million. Rumor has it that the company is vying for a $100 million third round of funding at a $2 billion valuation, and has plans to go public once it closes a new round.

Above: Airbnb co-founder Nate Blecharczyk. Photo:
JD Lasica/Flickr

Read More..

Sony, BMG in joint bid for Parlophone, EMI labels – FT






TOKYO (Reuters) – Sony Corp is joining with BMG to bid for Parlophone and other EMI labels on sale by Universal Music, reuniting Sony and Bertelsmann four years after they ended their music joint venture, the Financial Times said on Monday.


Vivendi-owned Universal is being forced to sell Parlophone – EMI’s oldest active label with artists including Coldplay and Pet Shop Boys – to satisfy regulators’ concerns about its $ 1.9 billion purchase of EMI’s recorded music business.






Sony and BMG, a music rights management group owned by Bertelsmann and private equity group KKR, will make a joint bid for Parlophone and other assets, the FT said. The two plan to split the assets and will not form another joint venture, it said.


Sony declined to comment. BMG could not be immediately reached for comment.


Other bidders for the EMI labels on sale include Warner Music and Ronald Perelman’s investment company MacAndrews & Forbes, the FT has said.


(Reporting by Mayumi Negishi; Editing by Richard Pullin)


Music News Headlines – Yahoo! News





Title Post: Sony, BMG in joint bid for Parlophone, EMI labels – FT
Url Post: http://www.news.fluser.com/sony-bmg-in-joint-bid-for-parlophone-emi-labels-ft/
Link To Post : Sony, BMG in joint bid for Parlophone, EMI labels – FT
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Tehran Is Choked by Annual Buildup of Air Pollution





TEHRAN — Already battered by international threats against their nation’s nuclear program, sanctions and a broken economy, Iranians living here in the capital are now trying to cope with what has become an annual pollution peril: a yellowish haze that engulfs Tehran this time of year.




For nearly a week, officials here and in other large cities have been calling on residents to remain indoors or avoid downtown areas, saying that with air pollution at such high levels, venturing outside could be tantamount to “suicide,” state radio reported Saturday.


On Sunday, government offices, schools, universities and banks reopened after the government had ordered them to shut down for five days to help ease the chronic pollution. Tehran’s normally bustling streets were largely deserted.


Residents who dare to go outside cover their mouths and noses with scarves or surgical masks, but their eyes tear up and their throats sting from the mist of pollutants, which a report by the municipality of Tehran says is made up of a mixture of particles containing lead, sulfur dioxins and benzene.


“It feels as if even God has turned against us,” Azadeh, a 32-year-old artist, said on a recent day as she looked out a window in her apartment that often offers a clear view of Tehran, a sprawling city that is home to millions. But on this day, Azadeh, who did not want her full name used, saw only the blurred outlines of high-rise buildings and the Milad communications tower in the distance. The setting sun was reduced to a yellowish coin by the thick blanket of smog.


The haze of pollution occurs every year when cold air and windless days trap fumes belched out by millions of cars and hundreds of old factories between the peaks of the majestic Alborz mountain range, which embraces Tehran like a crescent moon.


Iran is prominently represented in the World Health Organization’s 2011 report on air quality and health, with three of its provincial towns among the organization’s list of the world’s 10 most-polluted cities. According to the report, Tehran has roughly four times as many polluting particles per cubic meter as Los Angeles. Many cities known for their poor air quality, like Mexico City, Shanghai and Bangkok, are cleaner than Tehran.


But since 2010, when American sanctions on Iranian imports of refined gasoline began to bite, the situation has grown worse, according to the report by the municipality of Tehran.


Faced with possible fuel shortages, Iran surprised outsiders by quickly making up for the loss of imports by producing its own brew of gasoline. While the emergency fuel kept vehicles running, local experts warned that it was creating much more pollution.


A recently released report by Tehran’s department of air quality control contained blank spaces where there should have been information about levels of benzene and lead — components of gasoline — in the capital’s air. But the report did state that while Tehran experienced more than 300 “healthy days” in 2009, in 2011 there were fewer than 150.


Iran’s Health Ministry has reported a rise in respiratory and heart diseases, as well as an increase in a variety of cancers that it says are related to pollution.


The state newspaper Resalat on Saturday called the pollution a continuing crisis, and it urged the authorities to act. “Why is it that when the winds pick up, this problem is again quickly forgotten?” an editorial asked. Another newspaper, Donya-e-Eqtesad, which is critical of the government, pressed for an improvement in gasoline standards.


The pollution caused by the use of the emergency fuel concoction has been a taboo subject here, as officials try to portray each measure to counter the economic sanctions as a success that should not to be criticized by the local news media.


On state television, several officials have denied that the yellow haze has anything to do with the locally produced gasoline.


In an interview on Saturday, Ali Mohammad Sha’eri, the deputy director of Iran’s Environmental Protection Organization, strongly denied that the pollution was linked to gasoline. However, he said that only 20 percent of the emergency fuel was up to modern standards. “Hopefully in three months that level will be 50 percent,” he said.


Meanwhile, the government has imposed strict traffic regulations in Tehran, Isfahan and other major population centers. An odd-even traffic-control plan based on the last digit of vehicle license plates keeps about half of the approximately three and a half million cars in Tehran off the streets on a daily basis.


Other plans to combat the pollution have been less realistic, analysts say. President Mahmoud Ahmadinejad has long advocated a plan to move civil servants from Tehran to reduce overpopulation in the capital. In 2010, the governor of Tehran Province ordered crop-dusters to dump water on the smog in an effort to dissipate it. There have also been plans for placing air purifiers in the city, but experts say they will not work in open spaces.


For those living in Tehran and unable to leave town for a vacation home on the Caspian Sea, waiting for the winds to pick up seems to be the only option.


“My head hurts, and I’m constantly dead tired,” said Niloufar Mohammadi, a university student. “I try not to go out, but I can smell the pollution in my room as I am trying to study.”


Azadeh, the artist, said the pollution forced her to stay indoors, adding to her sense of isolation. Step by step her world was being curtailed, she said. The Western sanctions imposed on Iran make her feel like a pariah, she explained. The government’s mismanagement of the economy and the resulting inflation have left her with little purchasing power, she said; she has stopped shopping for everything but essential items. And last week, security officers removed her illegal satellite dish from her roof.


“The pollution is the last straw for me,” she said. “We should wait helpless for winds to pick up and clean the air before we can safely leave our houses. It shows we have lost all power to control our lives.”


Read More..

DealBook: After Madoff, Financial Fraud Defies Policing

LOS ANGELES — To Philip Horn, the Braemar Country Club was not just a golf course, it was an extension of his office. Most weeks, Mr. Horn, a financial adviser at Wells Fargo, chatted up potential clients between holes at the upscale club set against the backdrop of the Santa Monica Mountains.

“I always thought, ‘This is a great guy and a straight shooter,’ ” said Barry Zelner, one of several country club members who invested with Mr. Horn.

Now, those same clients are wondering what went wrong.

After Wells Fargo alerted him to account discrepancies, Mr. Zelner, a corporate lawyer, said he stormed onto the club’s rolling greens in April, accusing the broker of theft. “Tell them what you did, Phil,” the lawyer bellowed among a crowd of members.

A few months later, Mr. Horn pleaded guilty to defrauding more than a dozen clients and Wells Fargo.

While Mr. Horn is a relatively minor player in the pantheon of financial fraud, his actions highlight the persistent problems with policing the industry, even after the wave of rules enacted since the collapse of Bernard L. Madoff’s giant Ponzi scheme in 2008.

And the challenge of oversight is not becoming any easier, with the ranks of financial advisers swelling. As new regulations crimp profits, big banks like Wells Fargo are ramping up their brokerage businesses in an effort to make up for lost revenue.

Amid the renewed focus, banks have spent millions of dollars to beef up their compliance systems and improve their oversight. Regulators, too, have bolstered their efforts, increasing enforcement and adopting new measures.

Every month, the Financial Industry Regulatory Authority, a Wall Street watchdog, penalizes more than 100 brokers for various actions, including unauthorized trading and fraudulent activities, as well as smaller violations.

“Theft, Ponzi schemes and other financial scams continue to happen at an alarming rate,” said Thomas Ajamie, a plaintiff’s lawyer who represents two of Mr. Horn’s clients.

For more than two years, Mr. Horn systematically executed and canceled trades in clients’ portfolios, pocketing the profits. To avoid detection, he limited his paper trail and made it appear that the trades originated in his own account, according to court documents.

“It’s simply unbelievable to me that this kind of fraud could happen for so long without Wells Fargo doing anything about it,” Mr. Zelner said. After meeting Mr. Horn on the golf course, Derek Brown invested more than $10 million with him in 2006, assured by the Wells Fargo name on his business card. “This wasn’t just Schlepper & Schlepper,” Mr. Brown, a retired pharmaceutical executive, said.

A Wells Fargo spokeswoman, Raschelle Burton, said the bank discovered the problems with Mr. Horn in October 2011 and immediately alerted law enforcement agencies. Wells Fargo also fired Mr. Horn. Mr. Horn is set to be sentenced on Monday. Prosecutors have recommended an 18-month sentence. A lawyer for Mr. Horn declined to comment.

Some of Mr. Horn’s clients are struggling to understand the extent of their losses. Mr. Brown and Mr. Zelner say that Wells Fargo has not let them review the trading records. Instead, they have had to rely on the bank’s analysis. “The firm believes it has provided appropriate information,” Ms. Burton said.

Prosecutors estimate the scheme’s damages at $732,000. But there are indications the losses could be higher. Last year, Wells Fargo, without explanation, transferred roughly $500,000 to an account that Mr. Brown has at Merrill Lynch. Mr. Brown said he planned to file a lawsuit seeking additional compensation.

While some clients still have concerns, Wells Fargo said the matter had been resolved and declined to provide further details. “In cases where his actions harmed the clients, the firm has either credited those accounts or reached another resolution with those clients,” Ms. Burton said.

On paper, Mr. Horn seemed like a model broker. After a short stint at Lehman Brothers in New York, he spent a decade at Citigroup in Los Angeles, moving to Wells Fargo in 2006. For much of his career, his regulatory record was clean, with few customer complaints.

At Wells Fargo, Mr. Horn, who worked in a team of brokers, seemed to land clients without an aggressive approach. He wooed clients slowly, often over many years. Between golf holes, he would casually mention winning trades, almost as an aside.

He nurtured friendships with clients. Norman Strang, an 80-year-old retired aerospace executive, said his wife regularly cooked dinner for Mr. Horn at the couple’s home in Pacific Palisades, Calif. “Here he was being this friendly guy, and yet he stole several thousands of dollars from our account.” Mr. Horn went to the weddings of both Mr. Brown’s children and planned to join him on a charitable trip to Israel and Morocco in the fall of 2011.

In 2011, Mr. Horn invited clients to his 50th birthday party inspired by the movie “Saturday Night Fever.” The tall and lanky Mr. Horn wore a white disco suit and handed out CDs with a cover that superimposed his head onto John Travolta’s body.

Given Mr. Horn’s gregarious nature, clients say they dismissed what should have been red flags. According to Mr. Zelner, Mr. Horn avoided meeting at his office, preferring the golf course. Between games, they would meet in the country club’s parking lot, where the broker would pull trading documents from his trunk.

“Phil would present his investments as if he was giving you something that would protect you,” said Mr. Zelner, adding that “he was also just a guy you wanted to drink with.”

Many clients trusted him. Each month, they received thick booklets detailing trading activity, but few pored over the trades. “If I had time to do that, I wouldn’t need a broker,” Mr. Brown said.

Amid hundreds of legitimate transactions, a dubious trade was also hard to spot. In one instance, Mr. Horn bought 1,000 shares of an exchange-traded fund for $77.93 apiece on Feb. 15, 2011, according to Mr. Brown’s bank statements. A month later, Mr. Horn canceled the trade. By then, the price had surged to $86. But the transaction was buried within more than 50 double-sided pages. It appeared as a canceled trade, which by itself was not alarming.

Mr. Brown and his wife did not know anything was amiss until they received a startling call from an executive at Wells Fargo. While the couple were celebrating the Jewish holidays in Toronto in October 2011, the bank executive told them about the problems with their account. Mr. Brown added, “He said we had a ‘six-figure problem.’ ”

A version of this article appeared in print on 01/07/2013, on page A1 of the NewYork edition with the headline: Madoff Aside, Financial Fraud Defies Policing.
Read More..

Reality shows may put crews too close to cutting edge









Monica Martino had filmed tornadoes in the Midwest, ship collisions in the Antarctic and crab fishermen in Alaska's Bering Sea. But those experiences didn't prepare her for a terrifying nighttime boat ride in the Amazon jungle.


In February, the 41-year-old co-executive producer was thrown into a murky river after getting footage for "Bamazon," a series for the History cable channel about out-of-work Alabama construction workers mining for gold in the rain forest of Guyana.


Martino says the captain was blind in one eye and sailing too fast without a proper light. He lost control of the boat while making a hard turn, sending the crew into the river, where Martino was knocked out by the impact of hitting the water at high speed.






Pulled back into the boat, Martino regained consciousness. But on the journey back to base camp, the vessel struck a tree, slamming Martino into the deck. Although she sustained a concussion, bruised ribs and a badly torn shoulder, Martino said, she had to wait 19 hours to receive medical care at a clinic in Venezuela because the production company had no viable medical evacuation plan for the crew.


History and the production company, Red Line Films, declined to comment.


"It was a whole cascade of negligence," said Martino, who lives in Santa Monica. "We were put in a situation far beyond what any production crew should be expected to handle."


As reality TV has boomed over the last decade, action-adventure shows have become a lucrative niche in a medium hungry for high ratings. But the growth has also stirred concerns that some reality TV programs are cutting corners on safety, exposing cast and crew members to hazardous conditions.


A combination of tight budgets, lack of trained safety personnel and pressure to capture dramatic footage has caused serious and in some cases fatal incidents, according to interviews with television producers, safety consultants and labor advocates.


Even the companies that provide insurance to Hollywood films and TV shows are reluctant to write policies for some of the edgier programs.


"These reality shows are getting riskier to get more ratings,'' said Wendy Diaz, senior underwriting director for the entertainment division of Fireman's Fund Insurance, one of the leading insurance carriers that serve the entertainment industry.


Records from OSHA and the state Division of Occupational Safety and Health show fewer than a dozen citations and accidents involving reality TV sets in the last five years, including a fatality that occurred this summer in Colorado during production of a proposed Discovery Channel series. But union officials, safety consultants and producers say those numbers don't begin to reveal the true extent of the problem.


PHOTOS: Where the last seasons left off


Many incidents go unreported because crew members sign non-disclosure agreements and fear being blacklisted if they file lawsuits. Record-keeping is further muddled by the fact that many of the shows are nonunion, and workers are often classified as independent contractors. OSHA typically tracks only serious accidents involving employees and has no jurisdiction if the incident occurs in a foreign country such as Guyana.


"Reality has a lot of near-misses and things that happen that you never hear about," said Vanessa Holtgrewe, an industry veteran and former camera operator on "The Biggest Loser" and "The X Factor" who now works as an organizer for the International Alliance of Theatrical Stage Employees. "On a lot of these shows, you're completely on your own. There is no one you can call if … you feel you're in a dangerous situation."


State and federal OSHA officials declined to comment specifically on incidents involving the reality TV sector.


Fireman's Fund estimated that it would underwrite 160 action-adventure reality shows in 2012, a 25% increase over the previous year. But it passed on about 50 other reality TV programs because they were deemed too risky, Diaz said.


"We had people who wanted to go to Mexico to follow the drug cartels around," Diaz said. "We had one show where they were going to blow up a mine. We told them we wouldn't insure the show."


Reality series — which cover everything from "Survivor" to "Keeping Up With the Kardashians" — have provided a huge revenue stream for cable and broadcast networks. The shows have lower production costs than scripted entertainment and tend to attract the younger viewers favored by advertisers.


CRITIC'S NOTEBOOK: Try to believe in the new TV season





Read More..