Hollywood film studio Metro Goldwyn Mayer has begun plans to file for bankruptcy protection in an effort to rid itself of $4bn (£2.5bn) of debts. The studio is asking more than 100 of its creditors to approve a plan that will see it enter chapter 11 bankruptcy while it restructures.
Creditors will get a 95% stake in the company as part of the deal. MGM said it would continue to operate as normal during the bankruptcy procedures.
Film studio MGM bankruptcy plan announced
Lou Dobbs’ five undocumented workers
He may no longer be on CNN, but that doesn’t mean folks have forgotten media personality Lou Dobbs‘ years-long campaign against “illegal
The radio host is the subject of a just-released major investigation by Isabel Macdonald, whose online bio describes her as “a freelance journalist and former communications director of the media watch group Fairness and Accuracy in Reporting,” published in The Nation. From her story:
Israel is now punishing Palestinians shamelessly
Behind a modest desk with a view of Beit Jala sits a nameless Shin Bet security service officer who is very pleased with himself. He has just saved the Jewish people in Israel from yet another grave security risk by preventing a 47-year-old woman, for five weeks now, from going abroad for urgent medical tests.
Or perhaps this isn't a story about just one officer, but rather about a committee of three. What matters is that Khalida Jarrar, a resident of Al-Bireh, has not gone to Amman for diagnostic brain tests that cannot be done in the West Bank due to lack of the necessary medical equipment.
Possible Cause of Bee Die-Off Is Found
It has been one of the great murder mysteries of the garden: what is killing off the honeybees? Since 2006, 20 to 40 percent of the bee colonies in the United States alone have suffered “colony collapse.” Suspected culprits ranged from pesticides to genetically modified food.
Now, a unique partnership — of military scientists and entomologists — appears to have achieved a major breakthrough: identifying a new suspect, or two. A fungus tag-teaming with a virus have apparently interacted to cause the problem, according to a paper by Army scientists in Maryland and bee experts in Montana in the online science journal PLoS One.
FBI’s ‘unprecedented’ Puerto Rico invasion
It was more like Normandy than Puerto Rico. Boarding planes in the middle of the night, hundreds of FBI agents, analysts and examiners flew into Puerto Rico before dawn Wednesday and took down about 130 local police and law enforcement personnel on corruption charges, in what the Justice Department called an “unprecedented” bust.
In all, as many as a thousand FBI personnel took part in Operation Guard Shack, according to FBI and Justice Department officials.
Natural gas pipeline crisis plans kept from public
The federal pipeline safety agency doesn't keep copies of natural gas emergency plans in its offices. That makes them essentially invisible to the public and industry watchdogs. The Associated Press discovered the situation when it filed a Freedom of Information Act request for copies of every emergency plan for every natural gas and oil transmission pipeline in the U.S.More...
Alaska GOP candidate Miller's wife collected unemployment after clerk job
The wife of Joe Miller, the Republican nominee for U.S. Senate, drew unemployment after working as his clerk in 2002 when he was a federal magistrate, a fact Sen. Lisa Murkowski argued is inconsistent with Miller's position on the constitutionality of such benefits.
Miller has called unemployment benefits unconstitutional, although he's expanded on that to say he does not want the program gutted but rather for it to be entirely under the control of the states.
Karzai’s Kin Use Ties to Gain Power in Afghanistan
Until recently, Taj Ayubi’s specialty was retail. Mr. Ayubi, an Afghan immigrant, ran a furniture store in Leesburg, Va., and before that, a thrift shop in Washington. But today, Mr. Ayubi’s specialty is foreign policy. He is the senior foreign affairs adviser to the Afghan president, Hamid Karzai.
Among Mr. Ayubi’s qualifications for his post in Kabul are ties to President Karzai’s extended family. His sister is married to a Karzai, and her sons are now important junior members of the growing Karzai family network in Afghanistan.
Hacker infiltration ends D.C. online voting trial
Last week, the D.C. Board of Elections and Ethics opened a new Internet-based voting system for a weeklong test period, inviting computer experts from all corners to prod its vulnerabilities in the spirit of "give it your best shot." Well, the hackers gave it their best shot -- and midday Friday, the trial period was suspended, with the board citing "usability issues brought to our attention."
Here's one of those issues: After casting a vote, according to test observers, the Web site played "Hail to the Victors" -- the University of Michigan fight song. "The integrity of the system had been violated," said Paul Stenbjorn, the board's chief technology officer.
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