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Aug 11, 2014

NYT Times Videos - Exclusive Interview: Obama on the World - August 11, 2014-.

The Times Video
Monday, August 11, 2014

Opinion

President Barack Obama talks with the Op-Ed columnist Thomas L. Friedman about a wide range of issues at home and abroad.
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Opinion

President Obama on how the United States is a different sort of superpower from China. This is an excerpt of a full video interview by Thomas L. Friedman.
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Opinion

President Obama explains that the United States military cannot do for the Iraqis what they won't do for themselves. This is an excerpt of a full video interview.
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Opinion

Thomas L. Friedman asks President Obama if he is worried about Israel's survival. This is an excerpt of the full interview.
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Erison Moussa Touray visiting family members at an isolation ward in Kenema, Sierra Leone.

International

At the government hospital in Kenema, Sierra Leone, health care workers struggle to contain the Ebola epidemic, which has killed almost 1,000 people across West Africa.
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U.S. & Politics

Some people in Loving County, Tex., the second-least-populous county in the United States, think that storing the entire country's nuclear waste would be a good thing for their community.
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Science - Out There

The sun is slowly rising over Saturn's North Pole, exposing an immense six-sided hurricane. The storm, big enough to swallow four Earths, was first spotted by the Voyager missions in the early 1980s.
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U.S. & Politics

California's drought is affecting agriculture including marijuana. Illegal growers are being blamed for stolen water and environmental damage. Small-scale farmers say the crop can be grown green.
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Food - Melissa Clark

Melissa Clark shows how to grill and slice skirt steak, which she first marinates in a mixture of garlic and herbs.
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Gail Morris must tend to the minutiae of her son Alex's every waking moment.

U.S. & Politics

Gail Morris cares for her son Alex, who overdosed on heroin 13 years ago.
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International

On Peru's northern coastline, the long history of reedboats is threatened as a new generation looks beyond fishing for careers and opportunities like surfing.
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SEC | Litigation Release - August 11, 2014: BIH Corporation, et al.


SEC Seal

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 23064 / August 11, 2014

Securities and Exchange Commission v. BIH Corporation, et al., Civil Action No. 2:10-CV-577-FTM-29DNF (M.D. FL)

Jury Finds Orchestrator of Microcap Stock Pump-And-Dump Scheme Liable in SEC Enforcement Case

A federal court jury in Fort Myers, Fla., returned a unanimous verdict on August 8 finding Edward W. Hayter of Brooklyn, N.Y., liable for five counts of violating the federal securities laws in connection with a scheme to pump up the stock of a microcap corporation purportedly headquartered in Fort Myers in which Hayter profited by approximately $500,000. Hayter was the lone remaining defendant in the SEC's enforcement case filed in 2010.
Evidence at the trial showed that among other things, press releases that Hayter and BIH issued in 2008 and 2009 falsely claimed BIH was purchasing a restaurant services corporation that purportedly had contracts with such major corporations as Citi Field and Applebee's Restaurants. Other evidence showed that in order to hide his involvement in the scheme, Hayter and others created a fictitious businessman named Cris Galo who was allegedly an accomplished entrepreneur running BIH. Evidence showed all of BIH's contact information traced back to Hayter and an associate in New York, with the Fort Myers office being only a mail drop. Trading records showed the false press releases contributed to BIH's stock rising more than 2,700 percent in a matter of months, allowing colleagues of Hayter to sell stock and funnel approximately $500,000 in proceeds to his own corporations.
The SEC filed its complaint against Hayter, BIH, Wayne A. Burmaster Jr. on Sept. 20, 2010, alleging that they had engaged in fraud and illegal sales of securities. The SEC also alleged securities registration violations by Christopher L. Astrom and his company Bimini Reef Real Estate Inc., Damian B. Guthrie and his company Riverview Capital Inc., and Burmaster's company North Bay South Corporation. The SEC named Baron International Inc., Beaver Creek Financial Corporation, and The Caddo Corporation as relief defendants.
According to the SEC's complaint, Burmaster and Hayter released false information about BIH's operations and business relationships, the company's stock and dividend payments, and the identity of the individuals directing BIH's affairs. The SEC alleged that as part of the scheme, Burmaster and Hayter illegally distributed BIH's stock to North Bay, Bimini Reef, and Riverview, and those entities then dumped more than $1 million of BIH's stock and divided illegally obtained sales proceeds among the defendants and relief defendants.
On Oct. 25, 2010, the Honorable John E. Steele, United States District Court Judge for the Middle District of Florida, entered judgments of permanent injunction and other relief against Astrom and Bimini Reef Real Estate as well as Guthrie and Riverview Capital, enjoining them from violating Sections 5(a) and 5(c) of the Securities Act of 1933. In addition to injunctive relief, the judgments order them to pay disgorgement, prejudgment interest, and penalties in amounts to be determined at a later date. Astrom and Guthrie are barred from participating in the offering of any penny stock. They consented to the entry of the judgments without admitting or denying the allegations in the complaint.
On Sept. 26, 2012, the court entered a default judgment against BIH and North Bay South Corporation and relief defendants The Caddo Corporation and Beaver Creek Financial, ordering disgorgement with a penalty against BIH and North Bay South Corporation to be determined at a later date. On Dec. 17, 2012, the court entered a default judgment against Baron International.
On July 14, 2014, the court entered a default judgment of permanent injunction and other relief against Burmaster, enjoining him from violating Sections 5(a), 5(c) and 17(a) of the Securities Act and Section 10(b) of the Securities Exchange Act and Rule 10b-5. In addition to injunctive relief, the judgment orders Burmaster to pay, jointly and severally, disgorgement and prejudgment interest of $1,349,158 and a penalty in an amount to be determined at a later date. Burmaster is barred from participating in the offering of any penny stock.
The SEC's investigation was conducted by Julie Russo and Timothy Galdencio, with the assistance of paralegal Raynalda Milord, under the supervision of Gary Miller and Eric Busto. The SEC's litigation was conducted by Christopher Martin and Patrick Costello, with the assistance of paralegal Lilia Gonzalez, under the supervision of Robert Levenson.

GATA | THE GATA DISPATCH - August 11, 2014: Gold and silver price suppression intensifies, Embry tells KWN.

Gold and silver price suppression intensifies, Embry tells KWN

Submitted by cpowell on  Monday, August 11, 2014. 
 Monday, August 11, 2014
Gold and silver price suppression has intensified, Sprott Asset Management's John Embry tells King World News today, as currencies are being debased "in an ever-more-frantic attempt to keep the debt load from crushing the world economy." But, Embry adds, "gold and silver will eventually experience explosive upward moves as a result of a growing shortage of physical gold and silver that finally overwhelms the manipulators." Embry's interview is excerpted at the KWN blog here:
CHRIS POWELL, Secretary/Treasurer
Gold .Anti-Trust Action Committee Inc

FTC | Consumer Updates - August 11, 2014: FTC to host workshop on big data and underserved communities

Federal Trade Commission Consumer Information

by Lisa Lake
Consumer Education Specialist
With today’s technology, organizations and companies can collect and analyze massive amounts of consumer data at lightning speed. What people search online, buy in stores, and do and say on social media is information that helps companies market more efficiently. This era of "big data" may hold lots of promise – but also some pitfalls.
Next month, the FTC will explore the use of big data for marketing and other purposes.
Big Data Logo
Read more >

WSJ | Biggest Gainers Closing August 11, 2014.

Biggest Gainers Closing
Biggest Gainers
4:47 pm ET 08/11/2014
NYSE
ISSUEVOLUMEPRICECHG% CHG
Chiquita Brands International (CQB)8,608,785$13.103.0430.22
Kinder Morgan Management (KMR)14,828,90595.4218.4023.89
El Paso Pipeline Partners (EPB)23,615,45740.566.9620.71
Kinder Morgan Energy Partners (KMP)40,389,98694.1213.7817.15
Veritiv (VRTV)239,64544.996.4216.65
Doral Financial (DRL)2,477,1396.400.8615.52
Cheetah Mobile ADS (CMCM)992,19726.752.7311.37
Pulse Electronics (PULS)10,4122.500.2511.11
SouFun Holdings (SFUN)9,311,99512.521.2511.09
Federal Agricultural Mortgage Cl C (AGM)81,08931.862.899.98
Bitauto Holdings ADS (BITA)2,229,91968.996.229.91
USEC (USU)835,9494.990.449.67
Kinder Morgan (KMI)136,173,02539.373.259.00
ReneSola ADS (SOL)2,305,8252.840.238.81
Krispy Kreme Doughnuts (KKD)1,902,48116.861.328.49
Hill International (HIL)568,2064.700.368.29
Harvest Natural Resources (HNR)458,2525.010.367.74
Zendesk (ZEN)330,86122.921.637.66
Shutterstock (SSTK)226,71281.895.727.51
Tata Motors ADS (TTM)2,976,05741.112.877.51
ServiceMaster Global Holdings (SERV)1,143,19720.101.407.49
MarkWest Energy Partners (MWE)3,738,14275.185.187.40
Frontline (FRO)666,0992.360.167.27
BioAmber (BIOA)80,70611.560.767.04
Par Technology (PAR)88,7954.320.286.93
 
Nasdaq
ISSUEVOLUMEPRICECHG% CHG
China HGS Real Estate (HGSH)1,273,619$4.040.8727.44
UBIC ADS (UBIC)44,04923.504.0020.51
Applied Genetic Technologies (AGTC)43,82920.983.3418.93
Mattress Firm Holding (MFRM)1,065,15954.536.5213.58
China XD Plastics (CXDC)662,8016.060.7113.38
Sage Therapeutics (SAGE)32,53033.403.4411.48
Motorcar Parts of America (MPAA)532,20926.352.5610.76
Edgewater Technology (EDGW)49,0296.770.6510.62
Five Prime Therapeutics (FPRX)345,57612.521.1710.31
Liquidity Services (LQDT)664,37114.581.319.87
Neurocrine Biosciences (NBIX)1,009,91614.981.319.58
Multi-Color (LABL)192,49644.213.869.57
Central European Media Enterprises Cl A (CETV)436,1612.580.208.40
iKang Healthcare Group ADS (KANG)672,65620.471.548.14
Senomyx (SNMX)563,7447.510.568.06
Kamada (KMDA)42,8937.340.547.94
SORL Auto Parts (SORL)44,4143.560.267.88
Auris Medical Holding (EARS)122,8326.550.487.81
GW Pharmaceuticals ADS (GWPH)1,414,95089.226.457.79
Insys Therapeutics (INSY)1,215,94130.422.167.64
Erickson (EAC)74,44513.590.967.60
VisionChina Media ADS (VISN)41,13615.741.117.59
Sarepta Therapeutics (SRPT)1,484,12822.661.567.39
21Vianet Group ADS (VNET)844,50129.872.057.37
MIND C.T.I. (MNDO)668,8883.060.217.37
 
NYSE Arca
ISSUEVOLUMEPRICECHG% CHG
UBS AG-2xMonthly Leveraged Long E-TRACS for Alerian MLP Infrastructure Index 2040 (MLPL)135,558$68.505.128.07
Direxion Daily Brazil Bull 3X Shares (BRZU)20,64925.361.536.42
Direxion Daily Latin America Bull 3X Shares (LBJ)9,99325.251.405.87
iPath DJ-UBS Coffee Subindex Total Return ETN (JO)114,26636.611.714.90
iPath Dow Jones -UBS Coffee Subindex Total return Coll ETN (CAFE)2,41124.111.104.76
Direxion Daily Russia Bull 3x Shares (RUSL)1,204,16514.930.644.48
Direxion Daily Junior Gold Miners Index Bull 3X Shares (JNUG)1,865,39125.761.084.38
UBS AG E-TRACS for Wells Fargo MLP Index 2040 (MLPW)5,72938.641.574.23
UBS E-TRACS Alerian MLP Infrastructure ETN (MLPI)148,23344.051.764.16
ProShares Short VIX Short-Term Futures ETF (SVXY)1,308,64575.622.994.12
Direxion Daily FTSE China Bull 3X Shares (YINN)330,06335.411.404.12
Credit Suisse Cushing 30 MLP Index Equal Weight ETN (MLPN)40,28635.281.353.98
Direxion Daily Emerging Markets Bull 3x Shares (EDC)1,835,82532.871.253.95
iPath S&P MLP ETN (IMLP)7,66233.861.253.83
C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index (MLPC)4,33129.771.083.76
JPMorgan Alerian MLP ETN (AMJ)1,170,52552.181.813.59
PowerShares S&P Emerging Markets High Beta Portfolio (EEHB)2,48023.890.813.50
Barclays ETN+ Select MLP ETN (ATMP)14,54731.601.043.41
ETRACS Alerian MLP Index ETN (AMU)57,48532.851.083.40
First Trust North American Energy Infrastructure Fund (EMLP)129,32326.990.853.25
PowerShares China A-Share Portfolio (CHNA)3,50025.190.783.20
Direxion Daily Semiconductor Bull 3X Shares (SOXL)128,326100.412.943.02
Alerian MLP ETF (AMLP)6,944,27218.700.542.97
Morgan Stanley Cushing High Income Index ETN (MLPY)4,75119.450.562.97
SPDR S&P Emerging Middle East&Africa ETF (GAF)61,49475.892.162.93
 
Composite
ISSUEVOLUMEPRICECHG% CHG
Chiquita Brands International (CQB)8,608,785$13.103.0430.22
China HGS Real Estate (HGSH)1,273,6194.040.8727.44
Kinder Morgan Management (KMR)14,828,90595.4218.4023.89
El Paso Pipeline Partners (EPB)23,615,45740.566.9620.71
UBIC ADS (UBIC)44,04923.504.0020.51
Applied Genetic Technologies (AGTC)43,82920.983.3418.93
Kinder Morgan Energy Partners (KMP)40,389,98694.1213.7817.15
Veritiv (VRTV)239,64544.996.4216.65
Richmont Mines (RIC)1,243,2062.500.3516.28
Doral Financial (DRL)2,477,1396.400.8615.52
Tofutti Brands (TOF)29,8584.600.6015.00
Tekmira Pharmaceuticals (TKMR)28,222,02023.803.1014.98
Mattress Firm Holding (MFRM)1,065,15954.536.5213.58
China XD Plastics (CXDC)662,8016.060.7113.38
Schmitt Industries (SMIT)174,1073.060.3512.92
Sage Therapeutics (SAGE)32,53033.403.4411.48
Cheetah Mobile ADS (CMCM)992,19726.752.7311.37
Pulse Electronics (PULS)10,4122.500.2511.11
SouFun Holdings (SFUN)9,311,99512.521.2511.09
Motorcar Parts of America (MPAA)532,20926.352.5610.76
Edgewater Technology (EDGW)49,0296.770.6510.62
Five Prime Therapeutics (FPRX)345,57612.521.1710.31
Federal Agricultural Mortgage Cl C (AGM)81,08931.862.899.98
Bitauto Holdings ADS (BITA)2,229,91968.996.229.91
Liquidity Services (LQDT)664,37114.581.319.87
 
See All Gainers
 
Footnotes
Includes common, closed end funds, ETFs, ETNs and REITS with prior day close of $2 a share or higher, with volume of at least 2,000.
x - stock is trading ex-dividend
Source: WSJ Market Data Group