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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Aug 10, 2005

Page

3

Brazil vault heist yields 67.8 million in Fortaleza

Thieves spent three months tunneling under a busy boulevard to breach a Fortaleza Central Bank vault in a weekend heist. No arrests yet. eight suspects identified. Bank probes why security cameras and motion detectors failed as authorities study inside help and timeline.

Sao Paulo Brazil South America Fortaleza Sabrina Albuquerque Central Bank Beatriz Dornelles

Bank Heist Tunnels Found to Access Vault

Thieves drilled a 262 foot tunnel from a rented house to the bank vault, entering through a 28 inch high shaft. Three months of work created a lined passage with wooden panels plastic sheeting and electric lighting to steal Brazilian real notes worth about 22 dollars each intended for inspection by Central Bank auditors.

Man Convicted in Capital Murder Linking GTA Defense

Devin Moore was found guilty of capital murder in the 2003 killings of three police officers in Fayette Alabama. Jurors, after deliberating about an hour, scheduled sentencing. the defense cited the Grand Theft Auto video game and childhood abuse as factors.

Fayette Ala Devin Moore Moore Jim Standridge

Bush voices concern on energy and health care costs

President Bush expressed worry about rising energy and health care prices as the Federal Reserve raised short term rates to 3.50 percent, marking the tenth hike in 14 months. Banks boosted prime lending to 6.50 percent amid a backdrop of weak approval ratings and high gas prices.

Crawford, Texas Bush Federal Reserve Fed Federal Associated Press Ipsos Texas Ben Bernanke President’s Council of Economic Advisers

Medicare lowers cost estimate for drug program

Medicare on Tuesday said its outpatient prescription benefit will cost about 14 percent less next year, easing senior budgets and trimming taxpayer exposure. National average monthly premium is now expected at 32.20 dollars, down from 37.37, as bids from private plans cover more than 42 million eligible elderly and disabled. Medicare Administrator Mark McClellan credited robust private competition for the savings, a win for Bush’s agenda amid cautious elderly reception.

Los Angeles Times Washington Medicare U.S. Treasury Bush Mark McClellan Congress

Also Mentioned on This Page

Otto Zwanziger Liz Zwanziger Cottage Grove Place Cedar Rapids Iad First Avenue S.E CottageGrovePlace CareComic The Energy Department U.S Allan Hubbard National Economic Council Bernanke GARE Cials McClellan Wicker Are Ralston Creek Coralville Coral Ridge Mall NO Fear Hiawatha N. Center Pt. Rd Boyson Road North Center Point Road
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