Monday, January 2, 2012

jayonaboat: DJing New Years in Africa for the second year in a row #Ghana http://t.co/OOKEj2MP

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Jay Swanson

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Source: http://twitter.com/jayonaboat/statuses/153247265992081408

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Casinos fail to reach debt deal

UNCASVILLE (AP) -- The parent company of the Indian-run Mohegan Sun casinos in Connecticut and Pennsylvania said it has failed to reach an agreement to refinance $811 million in debt, but lenders have waived a possible default.

The Mohegan Tribal Gaming Authority said Thursday that a delay in refinancing debt was among conditions that "raise substantial doubt about our ability to continue as a going concern."

Mitchell Etess, chief executive of the authority, which owns and operates the Mohegan Sun in Uncasville and Mohegan Sun at Pocono Downs in Wilkes-Barre, Pa., told The Associated Press on Friday that the dire warning is only a financial requirement of auditors.

"Auditors have no choice," he said. "They must put in that language."

Etess cited the waiver as a vote of confidence by lenders and cited fourth-quarter income of $46.7 million, compared with a $26.3 million loss in the same quarter last year.

Etess said refinancing is taking a long time because of the weak recovery following a deep and prolonged recession that has sharply cut into consumers' entertainment spending.

He also cited the "status of Native American gaming financing" generally.

"Those impacts that have happened in the outside world have impacted our bondholders' thoughts as we go through the process," Etess said.

The neighboring Mashantucket Pequot Tribal Nation in eastern Connecticut has worked to restructure billions of dollars in debt after its Foxwoods casino was hit hard by the economic downturn and increased competition in the Northeast.

Last month, the Mississippi Band of Choctaw Indians received a six-month extension on loans to May.

And in Washington state, revenue at some tribal casinos fell as much as 30 percent at the start of the recession, forcing tribes to struggle with ways to refinance debt on new casinos and other ventures.

A report issued in March said that for the first time, revenue fell in 2009 at American Indian gambling casinos nationwide as the recession forced consumers to curtail spending. The report by economist Alan Meister of Nathan Associates Inc. said casinos generated about $26.4 billion in 2009, down 1 percent from 2008.

Source: http://www.greenwichtime.com/local/article/Casinos-fail-to-reach-debt-deal-2433535.php

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GM recalls 4,873 Sonic cars in US, Canada

General Motors Co is recalling 4,873 of its current year Chevrolet Sonic subcompact cars in the United States and Canada for possible missing front brake pads, the company and federal safety regulators said on Friday.

GM said it knows of no crashes or injuries due to the issue. GM said it is recalling the cars to see if inner or outer front brake pads are missing.

GM said that its research shows that between 20 and 30 of the recalled cars were sold without one of its brake pads. Of the total recalled, 4,296 were sold to U.S. customers and 577 to Canadian customers, GM said.

The issue was discovered during warranty service on a rental Sonic, GM said.

Customers will be informed of the recall by mid-January, GM said. If technicians at GM dealerships find that a brake pad is missing in a Sonic, they will, if needed, install new inner and outer pads. If needed, brake calipers and brake rotors will also be replaced, at no cost to customers.

GM just started selling the Sonic several months ago. Through November, it sold about 10,000 Sonics in the U.S. market, and nearly half that total in November.

The Sonic is made at GM's plant in Orion Township, Michigan. GM and the United Auto Workers union agreed to allow up to 40 percent of the production workers at the plant to be paid less than veteran UAW workers. The agreement was necessary to keep the Sonic from being produced outside the United States, the UAW and GM have said.

Copyright 2012 Thomson Reuters. Click for restrictions.

Source: http://www.msnbc.msn.com/id/45825120/ns/business-autos/

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Celebs may temper tweets after 2011 blunders

Celebrities may want to resist the urge to send a stream of consciousness on Twitter in the new year after so many of them tweeted their way into trouble on everything from boxer briefs to breast-feeding in 2011.

NASCAR driver Kasey Kahne became the latest celebrity to blunder on Twitter, when he had to apologize for a tweet critical of public breast-feeding.

But Kahne has been far from alone in discovering Twitter's pitfalls. The year 2011 saw U.S. congressman Anthony Weiner resign in a scandal that began with an errant tweet, and the musings of Hollywood stars such as the tech-savvy Ashton Kutcher and comic Gilbert Gottfried generated public controversy.

As a result of those and other scandals, 2011 may be seen as a turning point when more celebrities and politicians saw the dangers of Twitter and quit sending unfiltered messages, pop culture experts said. Handlers of celebrities are likely to play a larger role in managing the stars' Twitter accounts.

"There was a time from 2008 to 2011 where Twitter was like, whatever was on your mind you tweeted about it ? literally mindlessly," said radio host Cooper Lawrence, author of "The Cult of Celebrity."

"Now you're going to see the other side of the bell curve, where people are more cautious. Politicians are already more cautious," she said.

Congressman in his underwear
Probably the greatest self-inflicted Twitter wound was suffered by Anthony Weiner. He was an influential Democratic congressman from New York until June when he tweeted a photo of his bulging underwear to a female college student. At first Weiner claimed his Twitter account had been hacked but later admitted he was responsible and resigned from office.

Related: How to avoid your own Weinergate on Twitter

"That guy has become now the patron saint of warning people that communicating from the id, which is exactly what Twitter is designed to do, can end up being a really, really bad idea," said Bob Thompson, professor of television and pop culture at Syracuse University.

Comedian Gilbert Gottfried did not have his career ruined by Twitter but it cost him a lucrative gig. Gottfried fired off several joke tweets in March about the devastating earthquake and tsunami in Japan. In one message, he said: "Japan is really advanced. They don't go to the beach. The beach comes to them."

Gottfried was roundly criticized in the media and insurance company Aflac Inc fired him as the voice of its iconic duck in television commercials.

"Being the Aflac voice was a large portion of his income and not being able to do that for years and years to come is going to cost him millions of dollars," said Jo Piazza, author of the book "Celebrity, Inc.: How Famous People Make Money."

Kutcher had been a master of Twitter before his miscue, becoming the first tweeter to have a million followers. He also created the online production company Katalyst and embarked on lucrative promotion campaigns for such products as Popchips.

In November, Kutcher created a public uproar when he tweeted a defense of revered Penn State football coach Joe Paterno, who was fired in the fallout from a sexual abuse scandal involving one of his assistant coaches.

Kutcher turns over Twitter account
Kutcher apologized in a blog post and said he did not know about the abuse scandal when he sent the off-the-cuff tweet that read, "How do you fire Jo Pa?" He also pledged to have his staff at Katalyst manage his Twitter account, as opposed to posting on his own as he had done before.

Related: Ashton Kutcher, friends key to Twitter's success

The 33-year-old actor wrote that Twitter has turned into a "mass publishing platform" in which tweets can quickly "become news that is broadcast around the world and misinformation becomes volatile fodder for critics."

Experts say Kutcher's Twitter mistake and his decision to alter the way he uses the site could serve as a lesson to others. "Because after all, he is a master of the form," Thompson said.

The controversy surrounding Kahne shows that not only a celebrity's tweet but also the response to other online commentators can generate trouble.

He originally posted a comment about encountering a mother breast-feeding at a supermarket. "Took second look because I was obviously seeing things. I wasn't!" he wrote.

But Kahne faced just as much heat for a crude comment directed at a woman online who criticized his view on public breast-feeding. He later apologized for both messages.

Other notable Twitter controversies of 2011 include film critic Roger Ebert's tweet, "Friends don't let jackasses drink and drive," which was sent in response to the impaired-driving death of "Jackass" star Ryan Dunn.

Actor Charlie Sheen became a Twitter sensation with millions of followers as he ranted about "winning" during a spree of wildness that led to him losing his job on the hit television comedy "Two and a Half Men."

In a less inflammatory Twitter misfire, Charlie Sheen in December revealed his phone number, in an apparent attempt to send it privately to teen singer Justin Bieber.

Copyright 2012 Thomson Reuters. Click for restrictions.

Source: http://today.msnbc.msn.com/id/45835937/ns/technology_and_science-tech_and_gadgets/

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Sunday, January 1, 2012

Secret criminal investigation, secret subpoena, secret challenge, secret hearing, secret arguments, secret ruling. (Theagitator)

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cnewsworld: #reviews #shopping Australian media hails cricket team?s victory over India http://t.co/feFtHwtB #news #Cnews #USA

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#reviews #shopping Australian media hails cricket team?s victory over India bit.ly/tL2z9n #news #Cnews #USA cnewsworld

Muhammad Farhan

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Source: http://twitter.com/cnewsworld/statuses/153344901843660800

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Contracts for Top College Football Coaches Grow Complicated

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Source: www.nytimes.com --- Saturday, December 31, 2011
A review of the contracts for more than 40 major College football coaches reveals a wide variety of salary increases, lucrative bonuses and desirable perks. ...

Source: http://www.nytimes.com/2012/01/01/sports/ncaafootball/contracts-for-top-college-football-coaches-grow-complicated.html?partner=rss&emc=rss

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