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Τρίτη 2 Απριλίου 2013

Apple Should Create Stolen iPhone 'Kill Switch,' Says Top City Prosecutor

The top prosecutor in San Francisco wants Apple to design a "kill switch" for iPhones that would render devices useless after they are stolen.

San Francisco District Attorney George Gascon said he pressed an Apple representative last week to embed such technology in every iPhone to diminish the product's value on the thriving black market for stolen mobile devices.

Gascon described the meeting as “very underwhelming," and said he now wants to meet with Apple chief executive Tim Cook to discuss development of an iPhone "kill switch."


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Σάββατο 30 Μαρτίου 2013

How A Corrupt Cop Allegedly Ended Up Controlling The Gambling Underworld In Pakistan's Deadliest City

Pakistan Karachi Gambling

KARACHI, Pakistan (AP) — A corrupt, low-level cop with a healthy dose of street smarts rises to control hundreds of illegal gambling dens in Pakistan's largest city. By doling out millions of dollars in illicit proceeds, he protects his empire and becomes one of the most powerful people in Karachi.

The allegations against Mohammed Waseem Ahmed — or Waseem "Beater" as he is more commonly known — emerged recently from surprise testimony by a top police commander before a crusading anti-crime Supreme Court judge. The story has given a rare and colorful glimpse into the vast underworld in Karachi, a chaotic metropolis of 18 million people on Pakistan's southern coast.

The sprawling city has become notorious for violence, from gangland-style killings and kidnappings to militant bombings and sectarian slayings. Further worrying authorities have been signs that the Pakistani Taliban are using the chaos to gain a greater foothold in the city.

For months, the Supreme Court's Chief Justice Iftikhar Chaudhry has been leading special hearings on Karachi's crime, berating the city's top police officers for failing to act. This past week, he demanded they move in to clean up so-called "no-go" areas — entire neighborhoods where police fear to tread — according to local press reports.

Further fueling the problem is rampant police corruption, undermining efforts to combat the city's violent gangs and extremists. Among the public, the police nationwide are seen as the country's most crooked public sector organization, a high bar given claims of pervasive corruption throughout the government.

The allegations surrounding Ahmed further fuel questions about the overlap between Karachi's underworld and its police forces. After the testimony to the Supreme Court earlier this year, police officials in Karachi provided The Associated Press with additional details over his reported rise.

The AP made repeated attempts to contact Ahmed, who has been removed from the force and fled to Dubai, but was not successful.

Ahmed came from a poor family in Karachi's old city and joined the police force in the 1990s. He soon started working as a "beater," a low-level thug who works for more senior cops to collect a cut from illegal activities in their area, such as gambling, prostitution and drug dealing, said half a dozen police officers who knew him personally at the time. They all spoke on condition of anonymity for fear of retribution.

Ahmed, who sports a bushy black mustache and usually dresses in a simple, white shalwar kameez, earned a reputation for carrying out his illicit work efficiently, said two police officers who have known him ever since he joined the force. That reputation helped him forge relationships with more senior figures, and eventually he was collecting money for some of the top police officers and civilian security officials in Karachi, they said.

The heavyset 40-year-old also attracted the attention of a local boss who controlled the largest concentration of illegal gambling dens in Karachi, located in the city's rough and tumble Ghas Mandi area, where Ahmed worked, said the policemen and a local journalist. The two teamed up to expand their gambling empire to other parts of Karachi and surrounding Sindh province.

Gambling was not always illegal in Pakistan, a nation of 180 million people that gained independence from Britain in 1947 as a sanctuary for Muslims who did not believe they could thrive as part of what is now India, a majority Hindu state. Despite the religious undertones of Pakistan's founding, the country's major cities, such as Karachi and Lahore, were relatively liberal places in the first few decades after independence. Alcohol flowed freely in nightclubs filled with dancing girls.

But in 1977, Prime Minister Zulfikar Ali Bhutto banned gambling and alcohol for Muslims in an attempt to appease Islamic hard-liners. Drinking and gambling, which are forbidden in Islam, didn't stop, but much of it was driven underground.

The gambling dens in Ghas Mandi are hidden behind nondescript facades down dark alleyways with tangled electrical wires hanging overhead in one of the oldest and densest populated parts of Karachi.

In one den, a dozen men dressed in shalwar kameez sat in a semicircle on the floor playing a local card game, mang patta, beneath bare bulbs hanging from the ceiling. The men sipped tea and tossed 100 rupee ($1) poker chips at the dealer.

In an adjacent room, a handful of men played chakka, a game that involved guessing the numbers that would appear when the dealer rolled three dice out of what looked like an old leather Yahtzee cup. Rupee notes were placed on a table as bets and held in place by a large metal washer. Everyone stopped their games when the Muslim call to prayer came over a loudspeaker from a nearby mosque — and they promptly resumed the dice and cards once the prayer ended.

Ahmed earned tens of thousands of dollars each day from hundreds of such gambling dens, said the policemen and journalist who knew him. He also collected extortion money from drug dealers and brothels and smuggled diesel fuel into Karachi from neighboring Iran, where it is much cheaper, they said.

He distributed cash to senior officials, and the pay-outs made him one of the most powerful people in Karachi's police force, said his acquaintances. He won significant influence over who was posted to senior positions, thus providing him with protection, they said. Known as a man of few words who rarely loses his cool, Ahmed also handed out money to Karachi's powerful criminal gangs and traveled with roughly a dozen armed guards as an insurance policy.

He was sailing smoothly through the underworld until one of the Supreme Court sessions in January.

A petitioner outlined to the court allegations of Ahmed's illicit activities and his power in the police force. Chief Justice Chaudhry then asked senior police officers and civilian officials who were present about the allegations. They all expressed ignorance.

But Deputy Inspector General Bashir Memon spoke up and backed the petitioner's claims.

"I said yes, Waseem 'Beater' is present among the ranks of the Karachi police. He controls the gambling business in Karachi," Memon told The Associated Press. "I also confirmed that he is involved in the transfer and posting of junior and senior police officers."

Another senior police officer in Sindh province, Sanaullah Abbasi, also testified that he knew Ahmed and that he controlled gambling dens in Karachi.

Chaudhry lambasted the senior officials for not going after Ahmed and asked Memon whether he was concerned about contradicting his colleagues.

"I replied, 'I only told you the truth,'" Memon told the AP.

As a sign of Ahmed's power, Memon said he was told the same day he would be transferred out of Karachi, but the Supreme Court canceled the transfer order.

Ahmed was dismissed from the police force after the Supreme Court hearing, according to two senior police officers, and government records indicate he flew to Dubai and has not returned.

Hassan Abbas, an expert on the Pakistani police at the New York-based Asia Society, said Ahmed's case provides a stark illustration of the level of corruption in the Karachi police force, which he described as the worst in any of Pakistan's major cities. Criminal cases are currently pending against 400 police officers serving in Karachi, said Abbas.

Civilian officials, who also benefit from corruption, have shown no willingness to reform the system, making the force relatively ineffective in cracking down on criminal gangs and Islamist militants in the city, said Abbas.

"The chaos in Karachi provides criminal gangs with the cover they need to operate," said Abbas. "Corruption provides an incentive to continue that chaos."

____

Follow Sebastian Abbot on Twitter: https://twitter.com/sebabbot

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Union Greed Drives California to Bankruptcy


Few non-local people pay much attention to the goings-on in
Stockton, a hard-pressed Gold-Rush-era industrial city of 300,000
that sits in the agriculturally rich San Joaquin Valley at the
eastern edge of the California Delta. But bond-holders, taxpayers
and government officials throughout the country will be listening
to U.S. Bankruptcy Judge Christopher Klein’s expected ruling on
Monday as he decides whether the city may remain in bankruptcy and
pursue a plan that stiffs its bond-holders.


If Klein sides with the city, then municipalities will face a
disturbingly low bar for pursuing bankruptcy. They will be
emboldened to choose Stockton’s course—i.e., using bankruptcy as a
strategic policy tool to offload debts without having to confront
the main reasons that they went bankrupt in the first place, such
as lush pensions. Bankruptcy will no longer be a policy of last
resort. This should have an impact on bond markets.


If the city wins the case, argued March 25-27 in the Sacramento
federal courthouse, then the public-sector unions and the
scandal-plagued California Public Employees Retirement System are
right. No matter what problems befall a city, public services and
taxpayers suffer first while union members and public retirement
systems are protected.


Granted, no one should feel too sorry for the lenders (and their
insurers) who provided the pension-obligation bonds to the city.
They knew the risks when one lends money to a city—especially one
controlled by the unions. But their argument is strongest. A city
shouldn’t use bankruptcy as a means to get rid of uncomfortable
debts. It should use this tool only when it has slashed its costs
but still can’t get out from under the load.


On Tuesday, a Stockton management consultant called at the trial
stated that the city would have a $100 million budget deficit in a
decade if it does not take the bankruptcy route, in an attempt to
show that it had no choice but to declare Chapter 9. But how hard
has the city tried to deal with its debts?


As the attorney for the bond insurer noted in his closing
comments on Wednesday, the city intended, from the outset of this
process, to shortchange the bond holders. It has refused to address
its biggest debt—the payments that it owes to CalPERS to pay for
its pension obligations. It only modestly pulled back compensation
from rates far above the market to somewhere near the average for
public-sector workers in California.


Essentially, the city plan has put pension debt off the table,
arguing that pension payments and benefits cannot legally be
touched. A bankruptcy would be the place to challenge that
assumption, but Stockton officials have no interest in doing so,
figuring it’s easier to go after Wall Street than the unions. If
Stockton gets its way, then cities can spend anything on pensions
and there is no way to ever get out from under that debt.


Some of the most telling testimony came Wednesday morning, when
bond-insurer Assured Guaranty’s attorney Guy Neal questioned city
councilmember Kathy Miller about a July 2012 video that explained
the fiscal situation to city residents. Here are some of her
statements from the video:



In the 1990s, Stockton granted its employees some of the most
generous and unsustainable labor contracts in the State of
California.… Safety employees could now retire at the age of 50.…
Many safety retirees today earn 90 to 100 percent of what they made
when they were still on the job.



That's common. But Miller noted that:



Stockton went even further than most other cities and granted
things like unlimited vacation and sick time that could be cashed
out when an employee retired, and added pay categories for almost
everything imaginable.… Our public safety employees were costing us
on average more than $150,000 a year each. That’s three times more
than most of us in Stockton make in a year.



She described the “Lamborghini” health plan the city’s employees
received:



This was free medical care for a retiree and a dependent for the
rest of their lives. No co-pays, no generic requirements, no HMOs,
and no premiums. See any doctor, stay in any hospital, purchase any
drug, and just send the bill to the city of Stockton.



Absurd pay and benefits are common, and not just in Stockton.
San Francisco Chronicle columnists Matier and Ross revealed
recently that the Alameda County executive receives a $423,000 a
year pay package for life. Compensation for California firefighters
is in the $175,000 a year range. Some Newport Beach lifeguards
receive $200,000 a year pay packages. As a friend of mine joked,
revolutions have been fought over lesser instances of public
pilfering.


Stockton pulled back on some abuses, but has left the main
problem in place. Why is it OK that Stockton residents have to put
up with closed parks, reduced policing and other cutbacks to
protect outrageous pension and pay levels?


Currently, Stockton leaders are floating a tax increase plan to
fund police officers. But money is fungible so this should be
viewed as a tax designed to pay for past boondoggles. Whatever the
court decides, it’s time for the public to stand up to these
misshapen priorities.

Παρασκευή 29 Μαρτίου 2013

Steven Greenhut on Union Greed Driving California to Bankruptcy


Hotel StocktonFew non-Californians pay much attention to
the goings-on in Stockton, a hard-pressed Gold-Rush-era industrial
city of 300,000 that sits in the agriculturally rich San Joaquin
Valley. But bond-holders, taxpayers, and government officials
throughout the country will be listening to U.S. Bankruptcy Judge
Christopher Klein’s expected ruling on Monday as he decides whether
the city may remain in bankruptcy. As Steven Greenhut explains, if
Klein sides with the city, then municipalities will face a
disturbingly low bar for pursuing bankruptcy. They will be
emboldened to choose Stockton’s course—i.e., using bankruptcy as a
strategic policy tool to offload debts without having to confront
the main reasons that they went bankrupt in the first place, such
as lush pensions for public employees.

View this article.


The Most Expensive Homes You Can Buy In New York City

60 Million Dollar Penthouse NYC

The New York City real estate world is abuzz over two properties reported to be hitting the market for well over $100 million in the past couple of days.

One belongs to SAC Capital honcho Steve A. Cohen; the other was owned by late investor Martin Zweig.

In light of these two blockbuster properties, we're taking a look at the 10 most expensive homes that are currently for sale in New York City, based on publicly available listings.

#10 A 7-story townhouse on the Upper West Side is on sale for $50 million.

This townhouse on West 86th Street was built in 1900 in the Beaux Arts style.

It was gut-renovated in 1998, and has eight bedrooms, 14 bathrooms, and a roof garden. 



#9 A duplex penthouse on the Upper East Side is on sale for $50 million.

The penthouse at the all-new 135 East 79th Street has six bedrooms, eight bathrooms, and multiple terraces.

The apartment, a duplex, is 8,987 square feet, and is located on the 19th floor of the building.



#8 The penthouse atop the Mandarin Oriental in Columbus Circle is listed for $50 million.

The penthouse at the Mandarin Oriental hotel in Columbus Circle's Time Warner Center has bounced on and off the market for more than a year. It was previously listed for $42.5 million, according to Curbed.

The 4,825-square-foot condo has a 30-foot gallery and a wine cellar, as well as access to the hotel's concierge service and amenities.



See the rest of the story at Business Insider

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Τετάρτη 27 Μαρτίου 2013

Herb Wesson On LA NFL Team: City Council President Urges Patience

LOS ANGELES -- City Council President Herb Wesson on Tuesday cautioned against prematurely abandoning support for professional football in Los Angeles, saying he is convinced billionaire Philip Anschutz is sincere in his plans for bring a team to the L.A. Live site.


"I talked with (Anschutz) after he made his decision to not sell AEG and he told me that he is continuing to actively pursue professional football and he has a number of other plans for Los Angeles," Wesson said.


"I think we have to give him some room. Everything he and his company have promised has been accomplished. "



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