NCUA’s recoveries reach $2.5 billion in securities cases

first_imgFollowing an agreement reached Thursday with Credit Suisse for $29 million, the NCUA’s legal recoveries in securities cases will total $2.5 billion.The legal recoveries will be used, in part, to pay claims made against the Temporary Corporate Credit Union Stabilization Fund, in turn reducing the likelihood that assessments will be charged to federally insured credit unions to pay for losses caused by corporate credit union failures, according to the NCUA. continue reading » 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img

Facebook Removes Pro-Trump ‘Stop the Steal’ Election Group

first_imgThe social network acted as ballot counting continues in battleground states two days after Tuesday’s vote, with Democrat Joe Biden still confident of capturing the presidency from incumbent Donald Trump.“In line with the exceptional measures that we are taking during this period of heightened tension, we have removed the Group ‘Stop the Steal,’ which was creating real-world events,” Facebook said in response to an AFP inquiry.“The group was organised around the delegitimisation of the election process, and we saw worrying calls for violence from some members of the group.”- Advertisement – Facebook on Thursday shut down a pro-Trump group organising protests against vote-counting, saying it was being used to delegitimise the election process and included “worrying” calls for violence.The group, called “Stop the Steal,” was just days old but had topped 3,00,000 members by the time it was removed for violating Facebook policies.- Advertisement – But his tweets have been masked with notices telling people the claims are misleading.Facebook and Twitter have been scrambling to prevent the platforms from being used to spread false claims regarding the integrity of voting or ballot counting.The platforms have pledged stepped-up scrutiny of false election information, including premature claims of victory, seeking to avoid a repeat of 2016 manipulation efforts.Separately, Facebook said it implemented its policy banning political ads after the close of polls. A Facebook spokesperson said the goal was “reducing the chance for confusion or abuse” and that the ban will likely last about a week.Are iPhone 12 mini, HomePod mini the Perfect Apple Devices for India? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below. “Stop the Steal” was calling for “boots on the ground” to protect what it called the “integrity” of the vote, according to the Washington Post, and encouraging donations to help send supporters to battlegrounds such as Georgia and Pennsylvania.Some of the commentary warned of being “on the verge of civil war” and asked supporters how they would go about “overthrowing the government,” the Post reported.Since Election Day the president has fired off tweets calling for ballot counting to be stopped, and contended without proof there has been voter fraud.- Advertisement – – Advertisement –last_img read more

Bacolod City bats for stricter fireworks rules

first_imgBACOLOD City – The local governmentunit of this city is set to confine the use of pyrotechnics during holidays byenforcing stricter regulation to lessen the risk of firework-related injuries. Familiaran also said that Pineda istasked to coordinate with the Permits and Licensing and Treasurer’s Office. Pineda for his part said the city has alreadydesignatedselling area for firecracker, which include the back of Pope JohnPaul Tower, Rizal Avenue and Reclamation Area. Familiaran said he issued MemorandumOrder No. 160 pursuant to City Ordinance No. 511 Series of 2009 and RepublicAct (RA) 7183. “We make sure that all correspondingpermits and licenses for the sale pyrotechnics are duly applied with paid forin the amount of P1,500 for the special permit,” he explained. According to Familiaran, thismemorandum mandates the police to conduct inspections to make suremanufacturers, retailers, and users of fireworks comply with all regulationsand laws, including RA 7183 or AnAct Regulating the Sale, Manufacture, and Use of Firecrackers and otherPyrotechnic Devices. “Pineda should coordinate with theBacolod City Police Office and Bureau of Fire Protection to ensure the properimplementation and regulation of security and safety of the area,” he said. Vice Mayor El Cid Familiaran on Wednesdayenjoined Executive Assistant Ernesto Pineda, head of Task Force Paputok 2019,to coordinate with concerned agencies to strictly enforce laws and regulationson the sale, manufacture and distribution of firecrackers and pyrotechnicdevices. He added that village heads will betasked to identify their prescribed and designated areas for use offirecrackers and firework zone in their locality./PNlast_img read more

Lizzie, 10, and dad Craig are PING Family champions

first_img Tags: Family, Fourball Betterball, PING Golf mad 10-year-old Lizzie Wilson and her dad, Craig, are the new PING Family Fourball Betterball champions.The Nottinghamshire pair teamed up to score 45 points over the Thonock Park course at PING’s Gainsborough Golf Club and took the title by the slender margin of one point.“I played best!” laughed Lizzie, who has cut her handicap by 11 shots this season and now plays off 24. “I’ve had great fun playing with my dad and our playing partners were very nice. I’ve made some new friends and it’s been a great experience.”Craig added: “It’s been a fantastic day.” They took on the challenge of related pairs from across the country, who flock to play in this popular competition run by England Golf.Last year Craig and his wife, Claire, took part for the first time and this year they decided to include Lizzie, who has been playing since she was eight.“My wife and I played last year and it was a fantastically organised day. This year we thought that Lizzie could play and I got lucky she was paired with me! It’s been a great day,” said Craig, a 13-handicapper.Claire, who plays off 12, played in the competition with her dad, Michael Marriott, and has already staked a claim to be Lizzie’s partner in 2019!The whole family are members at Norwood Park Golf Centre, where Lizzie has been encouraged by the junior development programme.She’s also been inspired by attending the Women’s British Open; and enthused by receiving a bag of junior clubs through the Bags4Birdies initiative run by PING and UPS. Every birdie scored in Majors in one year by Lee Westwood and Louis Oosthuizen saw a bag of clubs given to a new young player.“That was very exciting for her and now Lizzie is doing better than the rest of the family!” said Craig. She’s won a county U18 handicap competition and she’s had an outing with the Nottinghamshire second team – and her next big date is on Tuesday when she tees up in the PING women’s fourball betterball Grand Final with Madeleine Smith, who was co-runner-up today.Lizzie sums up why she enjoys golf: “I love how you get to make new friends. But basically I just love playing the shots. I just love it!”And it won’t be long before the Wilsons are joined by their other daughter. Holly, seven, has also taken up golf and was thrilled when the family spectated at the Women’s British Open and she got Georgia Hall’s signed ball after the third round. “Since then she just wants to play golf,” said Craig. “I think I’m going to be a caddie or a taxi service!”The runners-up were Madeleine and Ian Smith, also from Norwood Park, Nottinghamshire, who scored 44 points, pipping Linda and Peter Spencer of Worksop, Nottinghamshire, on countback. Third place, again on countback, went to Alison and Robert Horak of Ullesthorpe Court, Leicestershire, on 43 points, ahead of Jane and Steve Ackling of Wollaton Park, Nottinghamshire. Debra and Glenn Wright of Millfield, Lincolnshire, took sixth prize on 42 points, on countback from two other pairs.Click here for full scoresImage copyright Leaderboard Photography 2 Sep 2018 Lizzie, 10, and dad Craig are PING Family champions last_img read more