The legal Street News October 29

8
WASHING- TON (AP) -- Their lives on hold for years, young adults are now making big moves in the fledgling economic recov- ery, leaving col- lege towns or par- ents' homes and heading out of state at the high- est rate since the height of the hous- ing boom. New census data released Thursday offer a detailed look at U.S. migration as mobility begins to revive after sliding to a record low last year. The latest numbers show that young adults 25-29 are the primary out-of-state movers; they had the biggest gain in 13 years as they struck out on their own to test the job market in urban, high- tech meccas such as Washington, D.C.; Denver; Portland, Ore.; Seattle; and Austin, Texas. In contrast, groups that showed some of the most movement in the housing boom of the last decade (2000-2010) - working professionals, fam- ilies and would-be retirees - are still mostly locked in place, their out-of-state migration levels stuck at near lows due to underwater mortgages and shrunken retirement portfolios. The demographic shifts, which analysts say could continue for many more years, are once again rejiggering the housing map. Out are the super-sized McMansions in far- flung suburbs and in the sprawling Southwest, which helped drive rapid metro area growth in the early to middle part of the last decade in places such as Phoenix; Las Vegas; Orlando, Fla.; and Atlanta. In are new, 300 square-foot "micro" apart- ments under consideration for wider development in dense cities such as New York, San Francisco, Boston and Seattle, which are seeking to attract young single adults who value affordable spaces in prime locations to call their own. "Footloose young singles are forming the leading edge of the coming migration wave," said William H. Frey, a Brookings Institution demogra- pher who reviewed the numbers. He attributed the recent jump in mobility to pent-up demand among young adults who now are ready to "move on a dime" to land a job opportunity. "We will see their migration rates swell even THE LEGAL STREET NEWS Place Stamp Here Mailing Address Circulated Weekly To Cities In Florida Volume 731 Issue 43 Established 1998 October 29, 2012 BIG JUMP IN YOUNG A D U L T S M O V I N G O U T O F S T A T E In The News This Week higher if the jobs become more plentiful," Frey said. "Families, older profession- als and retirees will be latecomers; they have more financial baggage and will need to make more careful decisions about when and where to move." Richard Florida, an American urban theorist and pro- fessor at the University of Toronto's Rotman School of Management, called the mobility gain an impor- tant sign the U.S. economy is getting back on track. "Young people are moving out of their parents' basements and sampling places and sampling careers again," he said. "After living at home for a while, young people have kind of maxed it out. They are heading to bigger, vibrant cities, pre- dominantly, because they're looking for economic opportunity and building their social networks." About 1.7 percent of the U.S. population moved across state lines to a new home in the 12- month period ending March 2012, up slightly from 1.6 percent in the previous year. The share of young adults ages 25-29 who moved to a new state was higher, about 3.8 per- cent. That's up from 3.4 percent in the previous year and the highest level since the height of the housing boom in 2005, when mobility was 5 per- cent. The 0.4 percentage point increase in 2012 is also the biggest jump for young adults since 1999, when the rapid rise of Internet startups and the need for young workers during the dot-com bub- ble drove migration. Moving rates for college graduates of all ages remained mostly flat at 2 percent. Among Americans 55 and older, out-of-state moves dipped from the previous year to a low of 0.7 percent. At the height of the housing boom, interstate migration for this group reached well over 1 percent, due mostly to baby boomers opt- ing to retire early to residential hot spots in the South and West. According to the latest data, some of the biggest winners in recent years have been states BIG JUMP IN YOUNG ADULTS MOVING OUT OF STATE Young adults are now making big moves in the fledgling economic recovery, leaving college towns or parents' homes. Page 1 AN UNEASY ECONOMY, AND THOSE LIVING THROUGH IT Now: "We mainly shop at Sam's Club and por- tion out our meals. We spend $4 to $5 a night on eating." Page 2 SYRIA TRUCE COLLAPSE SHOWS LIMITS OF DIPLO- MACY Syria's air force fired missiles and dropped bar- rel bombs on rebel strongholds while opposi- tion fighters attacked. Page 3 FLORIDA ACCIDENT STATISTICS Accident Statistics from Florida Department of Highway Safety and Motor Vehicles. Page 4 FLORIDA ACCIDENT REPORTS This Weeks Accident Reports from Various countys in Florida. Page 5 ADVANTAGE OBAMA IN HUNT FOR 270 ELECTORAL VOTES President Barack Obama is poised to eke out a victory in the race for the 270 electoral votes. Page 6 CITI FIRES ANALYST, PAYS FINE OVER FACEBOOK LEAK The young Citigroup analyst was researching Facebook before it went public. He dropped an email to two of his buddies at a popular tech- nology blog. Page 7 DRAGON SHIP BACK ON EARTH AFTER SPACE STATION TRIP TAn unmanned space capsule carrying medical samples from the International Space Station splashed down in the Pacific Ocean Sunday. Page 8 HI TSUNAMI SMALLER THAN FEARED Officials in Hawaii canceled a tsunami adviso- ry for the state's coastline early Sunday. Page 8 Continued on page 3 Las Vegas from atop the Stratosphere tower looking west down Sahara Ave. towards the Spring Mountains. New census data released Thursday, Oct. 25, 2012, offer a detailed look at U.S. migration as mobility begins to revive after sliding to a record low last year. The demographic shifts, which analysts say could continue for many more years, are once again rejiggering the housing map. Out are the super-sized McMansions in far-flung suburbs and in the sprawling Southwest, which helped drive rapid metro area growth in the early to middle part of the last decade in places such as Phoenix, Las Vegas, Orlando, Fla. and Atlanta. (AP Photo/Joe Cavaretta, File)

description

Alternative News, Interesting political and legal stories, Top stories of the week,

Transcript of The legal Street News October 29

Page 1: The legal Street News October 29

W A S H I N G -TON (AP) -- Theirlives on hold foryears, youngadults are nowmaking big movesin the fledglingeconomic recov-ery, leaving col-lege towns or par-ents' homes andheading out ofstate at the high-est rate since theheight of the hous-ing boom.

New censusdata releasedThursday offer adetailed look atU.S. migration asmobility begins torevive after sliding to a record low last year.

The latest numbers show that young adults25-29 are the primary out-of-state movers; theyhad the biggest gain in 13 years as they struck outon their own to test the job market in urban, high-tech meccas such as Washington, D.C.; Denver;Portland, Ore.; Seattle; and Austin, Texas.

In contrast, groups that showed some of themost movement in the housing boom of the lastdecade (2000-2010) - working professionals, fam-ilies and would-be retirees - are still mostly lockedin place, their out-of-state migration levels stuck atnear lows due to underwater mortgages andshrunken retirement portfolios.

The demographic shifts, which analysts saycould continue for many more years, are onceagain rejiggering the housing map.

Out are the super-sized McMansions in far-flung suburbs and in the sprawling Southwest,which helped drive rapid metro area growth in theearly to middle part of the last decade in placessuch as Phoenix; Las Vegas; Orlando, Fla.; andAtlanta. In are new, 300 square-foot "micro" apart-ments under consideration for wider developmentin dense cities such as New York, San Francisco,Boston and Seattle, which are seeking to attractyoung single adults who value affordable spacesin prime locations to call their own.

"Footloose young singles are forming theleading edge of the coming migration wave," saidWilliam H. Frey, a Brookings Institution demogra-pher who reviewed the numbers. He attributed therecent jump in mobility to pent-up demand amongyoung adults who now are ready to "move on adime" to land a job opportunity.

"We will see their migration rates swell even

THE

LEGAL STREET NEWS

Place

Stamp

Here

Mailing Address

Circulated Weekly To Cities In Florida Volume 731 Issue 43 Established 1998 October 29, 2012

B I G J U M P I N Y O U N G

A D U L T S M O V I N G

O U T O F S T A T E

In The News This Week

higher if the jobsbecome moreplentiful," Freysaid. "Families,older profession-als and retireeswill be latecomers;they have morefinancial baggageand will need tomake more carefuldecisions aboutwhen and whereto move."

R i c h a r dFlorida, anAmerican urbantheorist and pro-fessor at theUniversity ofToronto's RotmanSchool of

Management, called the mobility gain an impor-tant sign the U.S. economy is getting back ontrack.

"Young people are moving out of their parents'basements and sampling places and samplingcareers again," he said. "After living at home for awhile, young people have kind of maxed it out.They are heading to bigger, vibrant cities, pre-dominantly, because they're looking for economicopportunity and building their social networks."

About 1.7 percent of the U.S. populationmoved across state lines to a new home in the 12-month period ending March 2012, up slightly from1.6 percent in the previous year.

The share of young adults ages 25-29 whomoved to a new state was higher, about 3.8 per-cent. That's up from 3.4 percent in the previousyear and the highest level since the height of thehousing boom in 2005, when mobility was 5 per-cent. The 0.4 percentage point increase in 2012 isalso the biggest jump for young adults since 1999,when the rapid rise of Internet startups and theneed for young workers during the dot-com bub-ble drove migration.

Moving rates for college graduates of all agesremained mostly flat at 2 percent.

Among Americans 55 and older, out-of-statemoves dipped from the previous year to a low of0.7 percent. At the height of the housing boom,interstate migration for this group reached wellover 1 percent, due mostly to baby boomers opt-ing to retire early to residential hot spots in theSouth and West.

According to the latest data, some of thebiggest winners in recent years have been states

BIG JUMP IN YOUNGADULTS MOVING OUT OF

STATEYoung adults are now making big moves in thefledgling economic recovery, leaving collegetowns or parents' homes. Page 1

AN UNEASY ECONOMY, ANDTHOSE LIVING THROUGH IT

Now: "We mainly shop at Sam's Club and por-tion out our meals. We spend $4 to $5 a night oneating." Page 2

SYRIA TRUCE COLLAPSESHOWS LIMITS OF DIPLO-

MACY

Syria's air force fired missiles and dropped bar-rel bombs on rebel strongholds while opposi-tion fighters attacked. Page 3

FLORIDA ACCIDENTSTATISTICS

Accident Statistics from Florida Departmentof Highway Safety and Motor Vehicles. Page 4

FLORIDA ACCIDENTREPORTS

This Weeks Accident Reports from Variouscountys in Florida. Page 5

ADVANTAGE OBAMA INHUNT FOR 270 ELECTORAL

VOTES

President Barack Obama is poised to eke out avictory in the race for the 270 electoral votes.

Page 6

CITI FIRES ANALYST, PAYSFINE OVER FACEBOOK

LEAKThe young Citigroup analyst was researching

Facebook before it went public. He dropped anemail to two of his buddies at a popular tech-nology blog. Page 7

DRAGON SHIP BACK ONEARTH AFTER SPACE

STATION TRIP

TAn unmanned space capsule carrying medicalsamples from the International Space Stationsplashed down in the Pacific Ocean Sunday.

Page 8

HI TSUNAMI SMALLERTHAN FEARED

Officials in Hawaii canceled a tsunami adviso-ry for the state's coastline early Sunday.

Page 8

Continued on page 3

Las Vegas from atop the Stratosphere tower looking west down Sahara Ave.towards the Spring Mountains. New census data released Thursday, Oct. 25,2012, offer a detailed look at U.S. migration as mobility begins to revive aftersliding to a record low last year. The demographic shifts, which analysts saycould continue for many more years, are once again rejiggering the housingmap. Out are the super-sized McMansions in far-flung suburbs and in thesprawling Southwest, which helped drive rapid metro area growth in the earlyto middle part of the last decade in places such as Phoenix, Las Vegas,Orlando, Fla. and Atlanta. (AP Photo/Joe Cavaretta, File)

Page 2: The legal Street News October 29

2 Legal Street News Monday October 29, 2012

The Florida Legal Street Newspapers are happy to offer free subscriptions to individuals and businesses

that would like to receive a weekly publication. However, if you would like to have one of the newspapers sent toyou on a weekly basis, please fill out the form below and return it with a money order for $24.95 per year to coverpostage & handling. Outside Florida $52.95 Tax Incuded

Name__________________________________________________________________________

Address________________________________________Telephone____________________________

Subscription Request Form

Publisher & Editor

Jane L Rahim

Design, Production & Layout

Joseph Badamo

Records Department Administrator

Jane L Rahim

Administrative Assistant

Charlene Smith

Office Assistant

Erick Pennington

Office Assistance

Karen Green

Local Sales & Marketing Office

The Legal Street News, Inc.

1887 Wildwood Lane North

Deerfield Beach, Florida 33442

TOLL FREE (888) 708-3576

T h e L e g a l S t r e e t N e w sT h e L e g a l S t r e e t N e w s ™”, is pub-lished four times a month by “The Legal Street News Inc.”with editorial and advertising offices at 1887 WildwoodLane North,Deerfield Beach, Florida 33442. All rights arereserved throughout the world. Reproduction in whole orpart is strictly prohibited. Editorial inquiries and manu-scripts should be directed to the Editor. Manuscripts orother submissions must be accompanied by selfaddressed, stamped envelopes. “The Legal Street News,Inc.,”, assumes no responsibility for the return of unsolicit-ed manuscripts, photographs, or artwork. All correspon-dence regarding business, editorial, production, andaddress changes should be sent to:

Disclaimer: We are a news agency and consumer journalists. Weare not insurance, legal or medical advisors. So, while we try ourbest to write accurate articles on many different types of state andworld wide laws and government decisions. We are happy toanswer your questions, to the best of our ability and knowledge,nothing we say should be interpreted or considered as legaladvise or medical opinion.

The Legal Street News, Inc.

1887 Wildwood Lane North

Deerfield Beach, Florida 33442

The Legal Street News1887 Wildwood Lane North

Deerfield Beach, Florida 33442

Mail To:

EXPLORE, ENJOY AND PROTECT THE PLANET

EXPLORE, ENJOY AND PROTECT THE PLANET

EXPLORE, ENJOY AND PROTECT THE PLANET

EXPLORE, ENJOY AND PROTECT THE PLANET

EXPLORE, ENJOY AND PROTECT THE PLANET

EXPLORE, ENJOY AND PROTECT THE PLANET

EXPLORE, ENJOY AND PROTECT THE PLANET

EXPLORE, ENJOY AND PROTECT THE PLANET

EXPLORE, ENJOY AND PROTECT THE PLANETh t t p : / / w w w . s i e r r a c l u b . o r g /

LIVEUNITED

http://www.unitedway.org/

TAKE ACTIONGIVE

ADVOCATEVOLUNTEER

A N U N E A S Y E C O N O M Y ,A N D T H O S E L I V I N G

T H R O U G H I T

THE WORLD WILDLIFEFUNDw w w . w o r l d w i l d l i f e . o r g /

You Can Help Make A Difference

By 2020, WWF will conserve15 of the world’s most ecologically important

regions by working in part-nership with others

PUBLISHER INFORMATION

CHARLOTTE, N.C.(AP) -- Here was ChasKaufmann's life before theGreat Recession: $28,000in restaurant tabs in a year,cruises, house parties withfireworks. His Mr. Gutterbusiness was booming inthe Pennsylvania Poconos.

Now: "We mainlyshop at Sam's Club andportion out our meals. Wespend $4 to $5 a night oneating." He and his wifeuse space heaters in theirelegant house and leaveparts of it cold. TheHummer is gone, and hedrives a 2005 pickup. OnNov. 6, Kaufman is votingfor Mitt Romney.

Lower down the lad-der, the recession putSimone Ludlow's life in afull circle. Laid off by an Atlanta hotel company in 2009,Ludlow, 32, bounced from job to job for two years, got by witha "very generous mother," still makes do by renting a room in ahouse owned by friends, and is back working for the companythat had let her go. She's voting for President Barack Obama.

For four years, the bumpy economy cut an uneasy path. Itraked small towns and big cities, knocked liberals and conser-vatives on their backs, plagued Republicans and Democratsalike.

It was the worst economic setback since the Depression,and it didn't take sides.

Across the country, Associated Press reporters asked peo-ple to talk about their livelihoods before and after the December2007-June 2009 recession and how those experiences haveshaped their politics in the presidential election just days away.Their answers help illuminate why the race is so close. In thistime of great polarization, their stories bridge the partisandivide, showing that resilience and optimism are shared traits,too, and that no one seems to think either candidate can workmiracles.

"Our potential doesn't rely on an election and one man oreven a ballot," said Ben McCoy, 35, of Wilmington, N.C., cre-ative director for 101 Mobility, a company that sells, installs andservices handicapped access equipment. "I don't think eithercandidate for president has the conviction to go as far as weneed to go to really get back to stability."

Economic well-being, for him, will come from personaldecisions by his wife and himself, not Washington. "We will rollup our sleeves and cut the family budget down to the core if wehave to, where we know we're going to eat and we know thelights are going to stay on, and that's it. We'll do it. We won'tlaugh and dance about it, but we'll do it."

In the Charlotte area, the recession played a cruel trick onObama supporter Tamala Harris, wrecking the Charlotte hous-ing market just after she quit a job to go into selling real estate.It drove Romney supporter Ray Arvin out of business sellingindustrial equipment from North Carolina and cleaned out hisretirement savings with not that many years left to start fromscratch. Both have more hope than you might think.

Harris, 38, is back in Charlotte after getting her master's inbusiness from the University of Rochester in New York. Duringthe worst of the calamity, she used loans and scholarships toadvance her education, and looks back on it all as a time that

made her dig deep."It made me

realize what wasimportant," shesaid. "It's just notthe material thingsand having thingsto improve yourstatus. I know thatpeople are in sucha rush to havethings. They feelthat is a validation- `Oh I have this, Ihave that.' I wasone of them. So,for me, I found itwas a time toreflect on yourcharacter - andrebuild again. Itwas a wonderfultime to realize

when you don't have certain things - money is not coming, orhouses are not selling - who's really in your corner.

Arvin, 47, is starting over, too.In 2001, he and his wife bought a small company that sold

equipment to power utilities and the aviation industry. Businesshummed until 2007, when five big customers filed for bank-ruptcy and the couple raided their retirement and savingsaccounts to keep the enterprise afloat. It sank in 2009. Now hetravels five states in a 2005 Suburban as sales representative fora business supplying equipment to electric and gas companies,bringing home $50,000 to $60,000 after taxes and travel expens-es.

"Am I doing better? Yes. But I've lost so much. I'm startingnew. I'm confident in my ability to work hard and do well withwhat I do."

Polls consistently find that the economy is the top concernof voters, and Romney tends to get an edge over Obama whenpeople are asked who might do better with it. Whether that trulydrives how Americans vote is a crucial question for ElectionDay.

Other factors often came into play with the people whotalked to AP. Republicans didn't buy the Romney campaign'sportrayal of Obama as a one-man wrecking crew in economicaffairs. Democrats didn't see him as a savior. They all realize lifeis more complicated than that.

Beth Ashby, 38, an artist and freelance photographer inNorth Hollywood, Calif., is a registered Democrat who thinksObama is bad for her savings. If he's re-elected, she said, "Ithink I'm going to be less likely to set money aside in my invest-ments. I might be safer just storing it in the shoe box under thebed."

Romney, she said, "seems to have a head for business." Buthe's turned her off on environmental issues, abortion and "someof his comments involving women." Obama or a third-partyunknown will get her vote.

Dave Hinnaland, 51, a fourth-generation sheep and cattlerancher who co-owns the family's 17,000 working acres outsideCircle, Mont., simply seems hard-wired to vote for a Republicanpresident. As the national economy sank, the local economyshot ahead thanks to booming oil production in the Bakken oilfields to the east. The days of $300-a-month house rentals, whenpeople's pickups were more expensive than their homes, areover.

Ray and Candice Arvin pose inside their home in Charlotte, N.C.Romney supporter, Ray Arvin used to own a small business with fiveemployees, selling equipment to power companies, but he went out ofbusiness in 2009. He’s now a salesman for another equipment company

Page 3: The legal Street News October 29

S Y R I A T R U C E C O L L A P S E S H O W S

L I M I T S O F D I P L O M A C Y

Street News Monday, October 29, 2012 3

BEIRUT (AP) -- Syria's air force firedmissiles and dropped barrel bombs onrebel strongholds while oppositionfighters attacked regime positionsSunday, flouting a U.N.-backedcease-fire that was supposed to quietfighting over a long holiday weekendbut never took hold.

The failure to push through a truce solimited in its ambitions - just four days- has been a sobering reflection of theinternational community's inability toease 19 months of bloodshed inSyria. It also suggests that the stale-mated civil war will drag on, threaten-ing to draw in Syria's neighbors in thishighly combustible region such asTurkey, Lebanon and Jordan.

"This conflict has now taken a dynam-ic of its own which should be worryingto everyone," said Salman Shaikh,director of the Brookings Doha Centerthink tank.

The U.N. tried to broker a halt to fighting over thefour-day Eid al-Adha Muslim feast that began onFriday, one of the holiest times of the Islamic calen-dar. But the truce was violated almost immediatelyafter it was supposed to take effect, the same fateother cease-fires in Syria have met.

Activists said at least 110 people were killedSunday, a toll similar to previous daily casualtytolls. They include 16 who died in an airstrike onthe village of al-Barra in northern Syria's mountain-ous Jabal al-Zawiya region.

The Observatory also reported a car bomb thatexploded in a residential area in the Damascusneighborhood of Barzeh and wounded 15 people,but the target was not immediately clear.

Though Syria's death toll has topped 35,000, thebloodiest and most protracted crisis of the ArabSpring, the West has been wary of intervening.There is concern about sparking a wider conflagra-tion because Syria borders Israel and is allied withIran and the powerful Lebanese militant groupHezbollah.

There are already increasing incidents of the civilwar spilling across borders.

Many in Lebanon blame Syria and Hezbollah forthe Oct. 19 car bomb that killed the country's intelli-gence chief. The assassination stirred up deadlysectarian tensions in Lebanon, where Sunnis andShiites are deeply divided over the Syrian civil war,raising the specter of renewed sectarian fighting.

Lebanon's two largest political coalitions have linedup on opposite sides of Syria's civil war. Hezbollahand its partners who dominate the governmenthave stood by Assad's regime, while the Sunni-ledopposition backs the rebels seeking to topple theSyrian government. Assad and many in his innercircle are Alawites - an offshoot of Shiite Islam anda minority in Syria - while the rebels come mostlyfrom the country's Sunni majority.

Iraqi Shiites also increasingly fear a spillover fromSyria. Iraqi authorities on Sunday forced an Iraniancargo plane heading to Syria to land for inspectionin Baghdad to ensure it was not carrying weapons,the second such forced landing this month. Themove appeared aimed at easing U.S. concerns thatIraq has become a route for shipments of Iranianmilitary supplies that could help Assad battlerebels.

In Jordan, concern over stability was underlinedlast month, when its U.S., British and French alliesquickly dispatched their military experts to helpJordanian commandos devise plans to shield thepopulation in case of a chemical attack from neigh-

boring Syria.

Turkey's support for the Syrian rebel movement isanother point of tension, and Turkey has reinforcedits border and fired into Syria on several occasionsrecently in response to shells that have landed fromSyria inside Turkish territory.

The U.S. administration says it remains opposed tomilitary action in Syria and politicians have beenpreoccupied this year with the presidential election,now a few weeks away.

On Sunday, Syrian warplanes struck the easternDamascus suburbs of Arbeen, Harasta andZamalka to try to drive out rebels, according toactivists in those areas and the Britain-basedSyrian Observatory for Human Rights, which com-piles information from activists in Syria.

In Douma, another Damascus suburb, rebels wrest-ed three positions from regime forces, including anunfinished high-rise building that had been used byregime snipers, according to the Observatory andMohammed Saeed, a local activist.

Fighting was also reported near Maaret al-Numan,a strategic town along the Aleppo-Damascus high-way that rebels seized earlier this month.Opposition fighters including the al-Qaida-inspiredJabhat al-Nusra, have also besieged a nearby mili-tary base and repeatedly attacked government sup-ply convoys heading there. The Observatory saidthe Syrian air force fired missiles and dropped bar-rel bombs - makeshift weapons made of explosivesstuffed into barrels - on villages near the base.

The cease-fire was seen as a long shot from theoutset. International peace envoy Lakhdar Brahimifailed to get firm commitments from all combatants,and no mechanism to monitor violations was put inplace.

Jabhat al-Nusra rejected the truce outright. In avideo posted this week, the leader of al-Qaida,Ayman al-Zawahri, urged Muslims everywhere tosupport Syria's uprising.

"It's not just about the Syria military and the armydefectors that form the backbone of the Free SyrianArmy rebel group anymore," said Hassan Abdul-Azim, a Damascus-based opposition leader. Hesaid there were so many foreign fighters and exter-nal actors now involved in the Syrian civil war thatonly an agreement among the various internationaland regional powers could put an end to the fight-ing.

"The truce was merely an attempt by Brahimi to tryand temporarily ease the people's suffering in thelost time until the U.S. elections, in the hope thatthe international community can then get its acttogether and agree on a diplomatic solution for

Syria," he told The AssociatedPress.

But with the unraveling of thecease-fire, it's unclear whatthe international communitycan do next.

Assad allies Russia andChina have shielded hisregime against harsher U.N.Security Council sanctions,while the rebels' foreign back-ers including neighboringTurkey have shied away frommilitary intervention. Iran,which is embroiled in its owndiplomatic standoff with theWest over its suspect nuclearprogram, is also a staunchsupporter of Assad's regime.

The U.S., meanwhile, isaverse to sending strategicweapons to help the rebelsbreak the battlefield stale-

mate, fearing they will fall into the hands of militantIslamists, who are increasingly active in rebelranks.

"There has been a lack of desire to take the toughdecisions," said Shaikh.

"In Washington, they've only been focused on thenarrow political goal of their own elections, trying toconvince a war-wary public inside the U.S. that weare actually disengaging from the conflicts of theMiddle East," he said.

The truce was called as the two sides were battlingover strategic targets in a largely deadlocked civilwar. They include a military base near a mainnorth-south highway, the main supply route toAleppo, Syria's largest city, where regime forcesand rebels have been fighting house-to-house. Itappears each side feared the other could exploit alull to improve its positions.

Brahimi has not said what would follow a cease-fire. Talks between Assad and the Syrian oppositionon a peaceful transition are blocked, since theSyrian leader's opponents say they will not negoti-ate unless Assad resigns, something he has alwaysrefused to do.

In April, Brahimi's predecessor as Syria mediator,former U.N. chief Kofi Annan, tried to launch amore comprehensive plan - an open-ended cease-fire to be enforced by hundreds of U.N. monitors,followed by talks on a political transition. Annan'splan failed to gain traction, and after an initialdecrease in violence, his proposed cease-fire col-lapsed.

On Sunday, amateur videos posted online showedwarplanes flying over the eastern suburbs ofDamascus. One video showed two huge clouds ofsmoke rising from what was said to be Arbeen, andthe sound of an airplane could be heard in thebackground. It was not clear if the video showedthe aftermath of shelling or an airstrike.

Another video showed destruction inside theSheikh Moussa mosque in Harasta. Windows anddoors were blown out, glass and debris scatteredacross the mosque's floor. The narrator broke downas he was heard saying: "Where are the Muslims?Our mosques are being bombed and no onecares."

The videos appeared consistent with AssociatedPress reporting in the area.

The Syrian government has accused the rebels ofviolating the cease-fire from the start. The state-runnews agency SANA said opposition fighters carriedout attacks in a number of areas, including inAleppo and the eastern town of Deir el-Zour.

, A doctor examines an x-ray while a Syrian elder sits on a hospital trolley sufferingpartial loss of memory after was shot in the head by a sniper in Aleppo, Syria.

Page 4: The legal Street News October 29

4 Legal Street News Monday October 29, 2012

Data From the Official Website of the Florida Department of Highway Safety and Motor Vehicles. www.flhsmv.gov

Page 5: The legal Street News October 29

________________________________________Legal Street News Monday, October 29, 2012 5

A U T O A C C I D E N T S I N S O U T H F L O R I D ATHIS WEEK

http://www.worldwildlife.org

http://www.aging-research.org

Questions About Your Accident Report

CONTACT THE LEGAL STREET NEWS

Toll Free At

888-708-3576

Man killed in Orlando carcrash after speeding away

from police

October 26, 2012ORLANDO -- Two suspects wanted over a murder inOrlando died Thursday evening when the car theywere traveling in raced away from police andcrashed into a canal.

Five people were traveling in the car when it left theroad, before over-correcting and crossing the medi-an, narrowly missing oncoming traffic and coming torest in a drainage canal

The two murder suspects died and their three com-panions were in critical condition.

Neither of the suspects, nor their alleged victim,have been named. Details of the initial crime werenot available.

Two lanes shut on NB I-95near 54th Street after

crash

A crash on northbound Interstate 95 south ofNorthwest 79th Street in Miami-Dade is blocking tworegular lanes.

A man from the Pasco County town of Land O'Lakes died Monday evening after having a medicalemergency while driving on Alligator Alley, accordingto the Florida Highway Patrol.

Casey Alan Brown, 40, was airlifted to ClevelandClinic in Weston and later died there, according toFHP.

The accident happened around 6 p.m. on eastboundInterstate 75 at mile marker 37, FHP Sgt. MarkWysocky said.

Brown was driving eastbound on I-75 in a 2011Buick Enclave when he had the medical emergency,causing him to cross the median and enter the west-bound lanes, according to FHP.

The SUV Brown was driving did not hit any othervehicles. But traffic was stopped to allow a rescuehelicopter to land in order to transport Brown to thehospital.

Crash, Boca Raton

The vehicle crashed into wall that leads into thedevelopment causing major structure damage. Thedemolished wall blocked traffic heading west forseveral hours. He says parts of the damaged vehi-cle were found at the scene like a headlight whichshows the vehicle appears to be a 2011 DodgeDurango.

Pasco County man dies

October 27, 2012

October 28, 2012

Octobe 28, 2012

Lady Killed in FloridaHit-and-Run

Serious crashes on I-95 inMiami-Dade and Broward

October 28, 2012

A 19-year-old Bulgarian has died after being hit by acar on a recognized bicycle lane in Florida, localmedia reported.

Galina Bumbalova was riding a bicycle on the southside of US 98 near Hidden Dunes Drive in southWalton County on Monday night. She died after theimpact from the accident propelled her into a utilitypole.

The young Bulgarian was in the United States on astudent brigade.

Aaron Shipes, 22, of Santa Rosa Beach was drivingeastbound on US 98 at 9:40 p.m. when his 2005Nissan Extara for some unknown reason suddenlyveered to the right and into the bicycle lane, collidingwith the rear of Bumbalova's bicycle.

Shipes' vehicle reentered the roadway and left thescene.

Bumbalova was transported to Sacred HeartHospital of the Emerald Coast near Destin, whereshe was declared deceased.

The Highway Patrol report stated that Shipes wasnot under the influence of alcohol.

Charges are pending further investigation

October 28, 2012Several serious crashes are causing havoc on theroads Friday morning.

In Miami-Dade:A serious accident with injuries is blocking the west-bound ramp on Interstate 395 to Interstate 95 inMiami.

The ramp to Florida’s Turnpike on northbound I-95 is

The four vehicles were traveling in the southboundlanes when the accident occurred shortly before11:30 p.m. All southbound lanes were closed until3:10 a.m., Wysocky said.According to a press release issued by Wysocky,the chain-reaction crash played out like this: Rojowas driving a 2005 Volkswagen Jetta when heslowed for a crash and was rear-ended by a 2003Chevrolet van driven by Anthony Burke Taylor, 52,of Lauderhill.Rojo's Jetta spun so that it was facing north in thesouthbound lanes and was struck by a Ford F-150truck driven by Richardson N. Sid, 28, of BoyntonBeach.

Lake Mary man arrested onhit-and-run charges in fatal

motorcycle crash

According to the Highway Patrol, Spates was driv-ing southbound on I-95, just south of the GriffinRoad exit in Hollywood, about 11:30 a.m. when shesaw a vehicle ahead of her hit some debris in theroadway.

The debris "was kicked up in the wind" by the othervehicle, and it pierced the Range Rover's glass,Wysocky said. The pair were wearing their seatbelts during the accident, the Highway Patrol said.Given vehicles' high speed on I-95, the pole essen-tially became "a projectile" on the highway, saidMark Steele, division chief for Hollywood FireRescue.

October 23, 2012

Newlyweds unhurt as I-95debris pierces windshield

Octpber 26, 2012

October 26, 2012

A motorcyclist died and sixpeoplewere injured crashon Interstate 95 north of

Sample Road.

A Lake Mary doctor was arrested on hit-and-runcharges after he hit a motorcyclist in VolusiaCounty and then left the scene, authorities said.

The Florida Highway Patrol said Dr. Kevin Wynnehit 50-year-old Sabra Vocaturo with his SUV inFebruary on State Road 415 and never stopped tohelp. Vocaturo was thrown from her bike intooncoming traffic.

Authorities said two drivers ran over Vocaturo.They stopped to help but told officers there wasnothing they could do.

Wynne was arrested at his Heathrow home onThursday by the Florida Highway Patrol.

His lawyer contacted FHP the day after the crash,telling them where to find Wynne's Infiniti SUV,which had a part missing.

Wynne is being held on $50,000 bail.

October 25, 2012MARION COUNTY -- The Florida Highway Patrol is investigating a crashthat killed a man late Friday night.

Officials said 22-year-old Daniel Lee Hunt was driv-ing southbound US-27, south of Southeast 80Street at high rate of speed at about 11:25 p.m.Hunt lost control of his Chevy Camaro, causing itrotate onto the grass shoulder and collide with twotrees.

A 29-year-old Sarasotawoman is in critical

Page 6: The legal Street News October 29

had done just that,although the presidenthas a healthy lead inboth polling and organi-zation in Minnesota.

"We have to keepworking those otherstates, in case Ohiodoesn't come through,"said veteran GOP presi-dential strategist CharlieBlack, who is advisingRomney's campaign.

Ohio is a lynchpin forboth candidates.

Obama was instrong standing in thestate before the threepresidential debates. ButRomney's strong per-formance in the debateshelped him gain ground.

But Republicans and Democrats alike now say thatany momentum Romney had in Ohio from thosedebates has run its course, and the state gain isleaning toward Obama. New public polls show a tightrace.

Operatives in both parties point to the lastdebate six days ago, and Obama's criticism ofRomney's opposition to the automotive industrybailout. They say the criticism was effective in brand-ing Romney as out of touch with working-class vot-ers in a state whose manufacturing economy reliesheavily on the car and auto parts industries.

The president started running a new TV ad in thestate assailing Romney's position on the aid.Obama's internal polling in Ohio has shown a slightincrease in support from white, working-class voters,an important part of Ohio's largely blue-collar elec-torate.

"That is a killer,'" Tad Devine, a top aide to 2004and 2000 Democratic nominees, said of the heatRomney is taking for his bailout position. "And it'sgoing to have the biggest impact in the decisive statein the outcome of the election."

Out of necessity, Romney is refusing to cedeground in Ohio, where no Republican has lost andthen gone on to win the presidency. He hunkereddown in the state for two days last week, and runningmate Paul Ryan headlined eight events in the stateover the weekend. The impending storm that's set tohit the East Coast led Romney to cancel Virginiacampaigning on Sunday and join Ryan in Ohio.

In Ohio alone, Romney and allied groups werespending nearly $9 million on television ads, com-pared with Obama and his allies' $6 million, andshowed no signs of letting up in the final week.

Elsewhere, Obama is looking to stunt anyRomney inroad with suburban women, a pivotal con-stituency, in Colorado and Virginia, by casting theRepublican as an extremist on abortion and ham-mering him on his opposition to federal money forPlanned Parenthood.

In Nevada, Romney is banking on the support offellow Mormons, and noting the high unemploymentand foreclosure rates, to overtake Obama. But thepresident's team is appearing ever more confident ofwinning the state, partly because of the backing of abooming Hispanic population.

Florida, the biggest battleground prize with 29electoral votes, is viewed by both sides as a tight.Democrats acknowledge that Romney's standinghas improved because of his debate performancesand could move out of reach for Obama in the com-ing days.

6 Legal Street News Monday October 29, 2012________________________________________________________

If You Hve It

Give Some Back

http://www.network.directrelief.org

Healthcare Providers: If you are a healthcare provider locat-ed in the United States, contact us by

calling 1-877-30-DR-USA (1-877-303-7872).

AMES, Iowa (AP) -- PresidentBarack Obama is poised to eke outa victory in the race for the 270 elec-toral votes needed to win re-elec-tion, having beaten backRepublican Mitt Romney's attemptsto convert momentum from thedebates into support in all-importantOhio, according to an AssociatedPress analysis a week beforeElection Day.

While the Democratic incum-bent has the upper hand in the elec-toral vote hunt, Romney has pulledeven, or is slightly ahead, in pollingin a few pivotal states, includingFlorida and Virginia. TheRepublican challenger also appearsto have the advantage in NorthCarolina, the most conservative ofthe hotly contested nine states thatwill determine the winner.

While in a tight race withObama for the popular vote, Romney continues tohave fewer state-by-state paths than Obama toreach 270. Without Ohio's 18 electoral votes,Romney would need last-minute victories in nearlyall the remaining up-for-grabs states and manage topick off key states now leaning Obama's way, suchas Iowa or Wisconsin.

To be sure, anything can happen in the comingdays to influence the Nov. 6 election.

The AP analysis isn't intended to predict the out-come. Rather, it's meant to provide a snapshot of arace that has been stubbornly close in the smallnumber of competitive states all year. The analysis isbased on public polls and internal campaign surveysas well as spending on television advertising, candi-date visits, get-out-the-vote organizations and inter-views with dozens of Republican and Democraticstrategists in Washington and in the most contestedstates.

The analysis shows that Obama probably wouldwin with at least 271 electoral votes from 21 states,including Ohio, Wisconsin and Iowa, and the Districtof Columbia. Romney seems on track for 206 from23 states, including North Carolina. Obama won thatstate in 2008 and campaigned aggressively therethis year. But Obama's team acknowledges it is themost difficult state for him to win, and he's paid lessattention to it recently.

Colorado, Florida, Nevada, New Hampshire andVirginia, with a combined 61 votes at stake, could goeither way.

"I'm counting on Iowa! Iowa may be the placethat decides who the next president is!" Romney saidon one of two visits to the state last week. In Ohiolast week, a hoarse Obama reminded a Clevelandaudience near the end of a six-state marathon: "Ineed you, Ohio. America needs you, Ohio."

Romney is banking on what his supporters say islate momentum. Obama is betting that his aggres-

sive effort to register and lock in early voters, mainlyDemocratic-leaning younger and minority voters, willgive him an insurmountable advantage heading intoElection Day, when more Republicans typically votethan Democrats.

About 35 percent of voters are expected to casttheir ballots before Nov. 6, either in person or bymail. More than 5 million people already have voted.No votes will be counted until Nov 6, but some statesreport the party affiliation of people who have voted.Democrats have the edge in Iowa, Nevada and NorthCarolina, according to state figures and data collect-ed by the United States Elections Project at GeorgeMason University. Republicans have the early edgein Colorado.

Obama, who won in 2008 in places whereDemocrats had not for a generation, continues tohave several routes to electoral victory. His easiest:win Ohio, Iowa and Wisconsin, which are leaning hisway. He could keep the White House with victories inOhio, Wisconsin and Nevada. If he loses Ohio, hecould prevail by sweeping New Hampshire, Iowa,Wisconsin, Nevada and Colorado.

Romney has fewer options. He must carryFlorida and Virginia, where Republicans are feelinggood about his standing, as well as wrest control ofOhio, and then also win Nevada, Colorado or NewHampshire. If he loses Ohio, Romney must make upfor the state's 18 electoral votes by cutting his waythrough Obama-leaning territory.

At the top of that target list are Wisconsin, car-ried by Democrats in six straight presidential elec-tions and where Obama has the edge, and Iowa, aperennial swing-voting state.

Romney's campaign began airing advertise-ments last week in Minnesota, arguing he was stak-ing a claim in likely Obama territory. But even GOPstrategists acknowledged the move was aimed at hit-ting voters in western Wisconsin and pressuringObama to follow suit. By Friday, Obama's campaign

A D V A N T A G E O B A M A I N H U N T

F O R 2 7 0 E L E C T O R A L V O T E S

Page 7: The legal Street News October 29

_____________________________________________________Legal Street News Monday, October 29, 2012 7

C I T I F I R E S A N A L Y S T , P A Y S

F I N E O V E R FA C E B O O K L E A K

"I am ramping up coverage on FB and thought you guysmight like to see how the street is thinking about it (and our esti-mates)," the analyst wrote to the two TechCrunch writers."...This, of course is confidential."

One of the TechCrunch writers wrote back: "There's noway I can publish this doc from an anonymous source, right?"

A minute later, the research analyst replied: "My bosswould eat me alive."

The analyst and the TechCrunch writers were friends,according to Galvin's office. They all lived in the Bay Area andkept in touch via social media. The analyst and one of theTechCrunch writers had gone to Stanford together and gradu-ated several years ago, according to Galvin's office. The con-sent order did not name any of them.

Citigroup fired the junior analyst in late September, afterGalvin's office started looking into the matter.

The bank told Galvin's office that the junior analyst actedalone. It agreed to review its policies for overseeing analysts'communications, and to strengthen compliance training for theanalysts.

"We are pleased to have this matter resolved," bankspokeswoman Sophia Stewart said. "We take our internal poli-cies and procedures very seriously and have taken the appro-priate actions."

Separately, Galvin's consent order also brought the down-fall of the research analyst's boss, a well-known and influentialsenior tech analyst named Mark Mahaney.

The consent order didn't name him, but gave enoughinformation to make him easily identifiable.

Mahaney isn't accused of being involved in the researchanalyst's misconduct. But Galvin's investigation found emailsabout another damaging incident that happened around thesame time.

On April 30, Mahaney answered an email from a reporterfor a French business magazine, Capital, about his financialpredictions for YouTube. That was problematic because theopinions hadn't previously been published and weren't publicinformation.

Later, when a Citigroup employee told Mahaney he'd needto get approval to talk to the Capital reporter, Mahaney saidthat he wouldn't respond to the reporter's questions

Later, after the communications employee learned thatMahaney had already talked to the reporter, Mahaney wrote:"This could get me in trouble. Shoot."

Citigroup confirmed that Mahaney is no longer at thebank. A source familiar with the matter, who wasn't allowed tospeak on the record about personnel matters, said Mahaneyhad been fired because he misled the bank about his commu-

"When this area was settled 100 or more years ago, therewere people who took a chance and moved out here," he said."They worked hard and were able to build something for them-selves and their families."

So his message to all in Washington: "Let us have themeans and options to chart our own path. Don't hamstring uswith rules and regulations. And let people that are willing to goout to work take a chance, let them have the opportunity to doit. We don't need a big hand hovering over our head telling uswhat we can and cannot do."

If the recession spared oil and gas lands, Kaufmann, ofKunkletown, Pa., saw it coming in the gutter trade, specificallywhen he started noticing that nearly all of his customers' checkswere drawn on home equity credit lines.

"How long do you think this is going to last?" he recalledasking his wife. "I said, `I just did a homeowner, the wife losther job, and without her job, he can't afford the mortgage.' That'swhen we started buckling down. I said, `You know what? It'stime.'

"What happened is, the banks overextended all these peo-ple. People were buying clothes, putting in in-ground pools, put-ting gutters up where they didn't need to be replaced. I was put-ting gutters up when people didn't need gutters. I would tellthem. But they wanted to change the colors. You ride by thosehouses now and they either have three feet of grass or the win-dows are boarded up."

His gross income has been halved since 2006 and 2007. Nocruises since he turned 60 five years ago.

Cruises aren't on the horizon for Cristian Eusebio, 20,either. He makes $10.50 an hour as a bank teller in Springdale,Ark. He lives at home with a father who works at a food-pack-aging plant that's been cutting staff and a mother who foundwork at a warehouse store. The family refinanced before theirhome mortgage ballooned, skipped a vacation to pay down adebt and pinched pennies.

"It could have gotten worse, but it got better because mymom got a job, my sister got a job and then later in high school,I got a job," he said. "It has gotten better, but I think it's justbecause more of us are working. Some of us pay one bill. Theother one pays another."

In Atlanta, where she serves as event manager for her hotel,Ludlow puts no faith in Romney's ability to make the economysound and offers less than ringing praise for the candidate shesupports. "He may not personally be the smartest guy about theeconomy," she says of Obama, "but what I do appreciate is thefact that he knows when to listen to smarter people."

Her economic worries transcend politics of the moment.She ticks them off: "The long shift that we've had with the glob-alizing world, going from a manufacturing to a service econo-my. From a service economy to just a consumer economy, peri-od, that buys more than it produces. And everybody having a jobthat can be done by a human being, but it's just more cost-effec-tive to do it with a computer.

"All of those factors float around my head and keep me upsome nights," she said. "The economy is (in) an incredible stateof transition that we've never seen before. And nobody has anyidea what it's going to look like. When the smoke clears, whatare we going to be living in? And nobody seems to have ananswer to that. Nobody knows. All you can do is put on a cou-ple of Band-Aids here and try something there, and see whathappens. And that makes me nervous."

If the recession played no favorites among the rich, thepoor and those in between, the recovery did. Lost jobs andhomes may not have come back but the stock market did, favor-ing those whose wealth resided in investments.

Carol Clemens, a 66-year-old retiree from Edmond, Okla.,and member of the local chapter of an investing club, put moneyinto Ford shares near the bottom of the market in 2009, soldsome and has seen the value of the rest grow fivefold. Thateased her rough patch. "In short, we're not better off than wewere in 2007, but neither are we destitute, for which we givethanks," she said. She's leaning toward Romney.

But investments and politics ebb and flow. Of more con-cern is the nation's future. She's the mother of grown childrenwho "are not as conscious of saving as we were at their ages,"and of grandchildren who are entering higher education. Shelaments class divisions played up in the campaign - the stigma-tization of the poor, the dissing of the rich - and thinks the coun-try needs a deeper fix than any one leader can achieve.

"Americans have got to start taking full responsibility forour messes," she said. "We vote in ineffective politicians, wetolerate second-rate educational systems, we envy those whohave worked to have more and resent those who burden oursocial services because they have great needs.

"I would hope that the next president would have the gutsto call us on our blindness and narrow visions," said Clemens."We have to regain our ability to stop, consider and give a damnif we are going to change things."

Continued from page 2U N E A S Y E C O N O M Y

Continued from page 1

A D U L T S M O V I N G O U T O F S T A T E

If You Are A Charity OrganizationAnd Would Like To Place An Ad In

The Legal Street News

Call 888-708-3576

www.legalstreetnews.com

such as California, Massachusetts and New York.The states were able to reduce much of the annu-al losses they suffered in domestic migration dur-ing the housing boom, when residents left in massnumbers for wider, more affordable spaces in theSun Belt and Mountain West. The bigger statesalso continue to gain relatively more people fromhigher immigration and births.

Broken down by age and metro area, theWashington, D.C., area ranked at the top of desti-nations for young adults in the 2009-2011 period,rocketing up from 45th in 2006-2008. The areahas been boosted by its promise of more plentifulgovernment-related jobs, as well as a continuinginflux of students attending area universities andits up-and-coming neighborhoods.

Texas metro areas including Houston, Austin,Dallas and San Antonio, which already were onthe rise before the recession hit in late 2007, haveremained a strong draw for young adults due to inlarge part to their thriving energy and high-techindustries. They ranked second, fifth, sixth andninth, respectively, in terms of youth migration.

Denver and Portland, Ore., rounded out thetop five at No. 3 and No. 4.

Separate census data released earlier thisyear showed that most of America's largest citieswere growing at a faster rate than their surround-ing suburbs for the first time in a century, drivenmostly by young adults. That also has promptedcity planners to devise ways to attract youngadults, who generally desire no-strings-attachedapartment living and close proximity to potentialjobs.

New York Mayor Michael Bloomberg in Julyinvited architects to design an apartment buildingof "micro-units" no more than 300 square feet.

The city envisions a future in which the young andthe cash-poor will flock to these dwellings, havinggrown weary of "doubling up" with friends or fam-ily in the economic downturn.

In San Francisco, developers are seeking per-mission to rent out apartments as small as 220square feet, a little more than twice the size ofsome prison cells.

Kenneth Johnson, a senior demographer atthe University of New Hampshire, said it's hard topredict how much migration ultimately will pick upgiven the uncertainty in the economy. He said thepeople making the biggest moves in the comingyears likely will be those who feel they must:young adults in search of jobs, couples with smallchildren seeking better schools, new retireesdesiring high-amenity recreational living.

"I suspect the recession has sobered theAmerican population about migration," Johnsonsaid.

The census findings are based on the CurrentPopulation Survey as of March 2012, as well ascomparisons of the 2006-2008 and the 2009-2011American Community Survey to provide a snap-shot of every U.S. community with at least 20,000residents. Figures from the 2011 AmericanCommunity Survey also are used to establishbroader trends.

NEW YORK (AP) -- The young Citigroup analyst wasresearching Facebook before it went public. He dropped anemail to two of his buddies at a popular technology blog, leak-ing them information about Citigroup's research that was sup-posed to be private.

When one friend asked if it was OK to publish the infor-mation, the analyst responded with an answer that showed heknew he was breaking the rules: "My boss," he wrote back,"would eat me alive."

Friday, Massachusetts' top securities regulator draggedthe incident into the spotlight, slapping Citigroup with a consentorder and charging the bank $2 million for failing to oversee itsemployee.

"This penalty," said Massachusetts Secretary of theCommonwealth William Galvin, "should serve as a warning tothe industry as a whole."

Citi fired the young research analyst about a month ago,after Galvin's office had started its investigation. The case wasunusual compared to some other recent lawsuits and finesagainst major banks, because Citigroup acknowledged that theevents in question did take place.

Citi was part of the team of banks that helped underwritethe deal that made Facebook a public company on May 18.Regulations forbade those banks from sharing any writtenresearch about Facebook until 40 days after the company wentpublic. That's supposed to ensure that investors don't haveaccess to insider information that would give them an unfairadvantage, just because the investment bank where they are aclient has done business with Facebook.

This is the first penalty that Galvin's office has issued overthe Facebook public offering, but there could be more. Aspokesman for Galvin, Brian McNiff, said the office had alsoserved subpoenas to Goldman Sachs, JPMorgan Chase andMorgan Stanley over similar issues related to leaking informa-tion about Facebook. A subpoena is a request for informationand doesn't necessarily mean that wrongdoing was committed.

Representatives for Goldman Sachs, JPMorgan andMorgan Stanley declined to comment. The subpoena served toMorgan Stanley was first reported in May, but the subpoenas toGoldman and JPMorgan had not previously been confirmed.

Working on Facebook's public offering was supposed tobe a coup for the banks that were chosen, but it's brought along line of headaches, including lawsuits and regulatoryinquiries.

But on May 2, the research analyst sent an email to twoemployees at the technology website TechCrunch.com, withwhat was supposed to be confidential information aboutCitigroup's research on Facebook.

nications with the French magazine.On Friday afternoon, Citigroup sent a note to clients who

had subscribed to Mahaney's research. "Mark Mahaney hasleft Citi," it said, without elaborating. As a result, Citi will dis-continue its coverage of Expedia, WebMD and 12 other com-panies.

Page 8: The legal Street News October 29

CAPE CANAVERAL, Fla. (AP) -- Anunmanned space capsule carrying medicalsamples from the International SpaceStation splashed down in the PacificOcean Sunday, completing the first officialprivate interstellar shipment under a bil-lion-dollar contract with NASA.

The California-based SpaceX compa-ny gently guided the Dragon into the watervia parachutes at 12:22 p.m., a couple hun-dred miles off the Baja California coast.

Astronauts aboard the InternationalSpace Station used a giant robot arm torelease the commercial cargo ship 255miles up. SpaceX provided updates of thejourney home via Twitter, including avideo of the Dragon separating from theISS.

The supply ship brought back nearly 2,000pounds of science experiments and old station equip-ment. Perhaps the most eagerly awaited cargo is near-ly 500 frozen samples of blood and urine collected bystation astronauts over the past year.

The Dragon is the only delivery ship capable ofreturning items, now that NASA's shuttles are retiredto museums. Atlantis made the last shuttle haul to andfrom the station in July 2011.

SpaceX - more formally Space Exploration

Technologies Corp. - launched the capsule threeweeks ago from Cape Canaveral, full of groceries,clothes and other station supplies. Ice cream as well asfresh apples were especially appreciated by the stationresidents, now back up to a full crew of six.

It's the second Dragon to return from the orbitinglab; the first mission in May was a flight demo. Thisflight is the first of 12 deliveries under a $1.6 billioncontract with NASA.

"It was nice while she was on board," space sta-tion commander Sunita Williams said as the Dragon

backed away. "We tamed her, took herhome and, literally and figuratively,there's a piece of us on that spacecraftgoing home to Earth."

She added to the SpaceX flight con-trollers in Hawthorne, Calif.:"Congratulations Hawthorne and thankyou for her."

The Dragon will be retrieved from thePacific and loaded onto a 100-foot boatthat will haul it to Los Angeles. Fromthere, it will be transported to McGregor,Texas.

The medical samples will be removedas quickly as possible, and turned over to

NASA within 48 hours of splashdown, according toSpaceX. Everything else will wait for unloading inMcGregor.

A Russian supply ship, meanwhile, is set to blastoff this week. It burns up upon descent, however, atmission's end. So do the cargo vessels provided byEurope and Japan.

SpaceX is working to transform its Dragon cargocraft into vessels that American astronauts could fly inanother four or five years. Until SpaceX or anotherU.S. company is able to provide rides, NASA astro-

8 Legal Street News Monday, October 29, 2012

D R A G O N S H I P B A C K O N E A R T H

A F T E R S P A C E S T A T I O N T R I P

Continued from page 7

H I T S U N A M I S M A L L E R

T H A N F E A R E D ;

A D V I S O R Y C A N C E L E D

as well, saying there had been a changein sea readings. About the same time, atsunami advisory was issued for a 450-mile stretch of U.S. coast running fromnorth of San Francisco to central Oregon.

A small tsunami created by the quake wasbarely noticeable in Craig, Alaska, wherethe first wave or surge was recordedSaturday night.

The warning in Hawaii spurred residents tostock up on essentials at gas stations andgrocery stores and sent tourists in beach-side hotels to higher floors in their build-ings. Bus service into Waikiki was cut offan hour before the first waves, and policein downtown Honolulu shut down aHalloween block party.

Abercrombie proclaimed an emergency,mobilizing extra safety measures.

In Alaska, the initial wave or surge wasrecorded at 4 inches, much smaller thanforecast, said Jeremy Zidek, a spokesmanfor the Alaska Department of HomelandSecurity and Emergency Management.The first wave hit Craig about two hoursafter the earthquake. Surges at otherAlaska communities were later recorded at6 inches, while others were much smaller.

A dispatcher with the Del Norte CountySheriff's said no damage was reported inCrescent City, a tiny fishing community infar Northern California, or in any otherlocations along the county's coast.

A tsunami warning means an area is likelyto be hit by a wave, while an advisorymeans there may be strong currents, butthat widespread inundation is not expectedto occur.

HONOLULU (AP) -- Officials in Hawaiicanceled a tsunami advisory for the state'scoastline early Sunday, paving the way forbeaches and harbors to reopen after wide-spread fears of waves generated from apowerful earthquake off the coast ofCanada.

The Pacific Tsunami Warning Center liftedits tsunami advisory Sunday morning justbefore 4 a.m. local time, three hours afterdowngrading from a warning and less thansix hours after the waves first hit theislands.

Center officials said wave heights werediminishing, though swimmers and boatersshould be careful of strong or unusual cur-rents.

The biggest waves - about 5 feet high -appeared to hit Maui. A popular triathlonset for the island was expected to go onas planned, with county lifeguards givingthe OK for a 1 mile ocean swim.

There were no immediate reports of dam-age, though one person died in a fatalcrash near a road that was closedbecause of the threat near Oahu's northshore.

Hawaii Gov. Neil Abercrombie said thestate was lucky to avoid more severesurges.

"We're very, very grateful that we can gohome tonight counting our blessings,"Abercrombie said.

Meanwhile, the National Weather Servicecanceled tsunami advisories for Canada,Alaska, Washington, Oregon andCalifornia.

At first, officials said Hawaii wasn't in anydanger of a tsunami after the 7.7-magni-tude earthquake, which sparked tsunamiwarnings for southern Alaska and westernCanada.

Later, officials issued a warning for Hawaii

This image from NASA-TV shows the capture of the Dragon capsule by a robotarm on the International Space Station as they passed over the South AtlanticOcean early Wednesday Oct. 10, 2012. (/NASA)

Mike Nakamoto of Honolulu prepare's his client's boatmoored at the Ala Wai Harbor to take it to deep water afterlearning of a tsunami warning Saturday, Oct. 27, 2012, inHonolulu. A tsunami warning has been issued for Hawaiiafter a 7.7-magnitude earthquake rocked an island off thewest coast of Canada. The Pacific Tsunami WarningCenter originally said there was no threat to the islands,but a warning was issued later Saturday and remains ineffect until 7 p.m. Sunday. A small craft advisory is in effectuntil Sunday morning.(AP Photo/Eugene Tanner