Sumitomo trader hid huge losses after unauthorized trades
Sumitomo Corp says former copper trader Yasuo Hamanaka confessed to hiding losses from unauthorized trades over a decade, with a preliminary loss estimate of 1.8 billion dollars. The company notified U.S. and British regulators and dismissed Hamanaka in May.
MENTIONED IN THIS ARTICLE
New York
Sumitomo Corp
Sumitomo
Tokyo
Osaka
Japan
Yasuo Hamanaka
U.S
Daiwa Bank Ltd
Daiwa
Toshihide Iguchi
Sumitomo Bank Ltd
America
Nicholas Leeson
Barings PLC
United States
Britain
Hamanaka
Arthritis risk links to weight in adults
Atlanta AP report by CDC finds both ends of the weight spectrum raise arthritis risk. Obese men are 70 percent more likely and obese women 50 percent more, while underweight men have 40 percent higher risk. underweight women show no increase. Researchers note weight is a modifiable risk factor, though cause versus consequence remains unclear. Dr. Chad Helmick cites ambiguity on timing of arthritis and weight gain.
MENTIONED IN THIS ARTICLE
Atlanta
Centers For Disease Control and Prevention
Chad Helmick
The
CDC
Medals Safe at Reed & Barton as Olympics Loom
Deep inside a Taunton 19th century factory guards move cabinets to a concrete vault to protect 1838 Olympic medals. Reed & Barton, chosen over Tiffany's and the U.S. Mint, employs about 50 on the project. The medals honor Atlanta Games opening July 19.
MENTIONED IN THIS ARTICLE
Reed & Barton
Taunton
Mass
Reed & Barton Silversmiths
Atlanta
Tony LaChapelle
Ty Cobb
Richard Brodney
Boston
Tlant
Taunton River
Isaac Babbitt
Charles Barton
Henry Reed
Tiffany’s
U.S. Mint
Lady Victory
Vian battles drug dealers with cookouts
Baltimore AP reports John Sigman uses a spatula grill and midnight barbecues to deter drug dealers in Patterson Park. After two solo cookouts, he plans citywide events starting June 28 with neighbors, cameras, and license-plate focus to scare dealers away. Police endorse the tactic as a deterrent.
MENTIONED IN THIS ARTICLE
Baltimore
John Sigman
Sigmon
Sigman
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Cellular City
Grandview
Chapa Communications
South Grant Street
Comm West
North Grandview
Wratheenarh
Mestewehe Fine
Dillards
East 42Nd Street
Lema
Sam's Club
John Ben Shepard
East University
Wal-Mart
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Austin St
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