Saturday, February 2, 2013

Barclays CEO To Give Up Bonus After Series Of 2012 Scandals

LONDON (AP) ? The chief executive of Britain's scandal-hit Barclays bank says he's giving up his 2012 bonus amid a string of high-profile scandals over mis-selling products and market-fixing.

Antony Jenkins' was entitled to a maximum bonus of 2.75 million pounds ($4.35 million), or 250 percent of his 1.1 million pound salary.

His decision follows a year in which Barclays' reputation has been badly battered.

There was a wave of resignations following revelations that senior executives directed employees to fake a critical rate of interest used to price trillions of dollars in global contracts.

The bank has also been hit by a series of scandals in which the bank was deemed to have improperly sold financial products to consumers.

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Source: http://www.huffingtonpost.com/2013/02/01/barclays-ceo-bonus_n_2597500.html

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NBC News president Steve Capus stepping down

NEW YORK (AP) ? NBC News President Steve Capus, who presided over years of strong ratings at the news division and expanded digital offerings but was hurt by the downfall of the "Today" show, said Friday that he was resigning.

The Philadelphia-area native joined NBC News 20 years ago and produced various newscasts for Brian Williams before being appointed news division president by Jeff Zucker, at the time chief of NBC Universal, on the week that Hurricane Katrina struck New Orleans in 2005.

NBC parent company Comcast Corp.'s decision last year to appoint Pat Fili-Krushel to a supervisory role over the company's news properties signaled to many that Capus' tenure was nearing an end. His contract gave Capus an opt-out provision and he chose to exercise it. Capus said in an email to staff members that "it is now time to head in a new direction," although he hasn't said what that might be.

"I have seldom described my role as presiding over NBC News," Capus said. "Instead, I have viewed it as leading a collaborative effort to pursue journalistic excellence."

A primary yardstick for network news' success is the ratings for the flagship evening news program, and NBC's broadcast with Williams has held on to the top spot. Capus has expanded NBC's reach with specialty websites aimed at black and Latino audiences, and reached a deal to take over all responsibility for the main NBC news site, buying out Microsoft's stake.

Capus also oversaw the MSNBC news division. MSNBC has become profitable through its decision to skew liberal in its commentary.

Tim Russert's sudden death forced Capus to revamp the Sunday morning political talk show "Meet the Press," where David Gregory has run hot and cold since taking over.

The profitable "Today" show has taken a hard fall in the past year and now runs a consistent second to ABC's "Good Morning America." NBC was widely criticized for mismanagement of Ann Curry's dismissal as "Today" anchor last summer. Jim Bell, the show's executive producer, stepped down last fall.

Fili-Krushel set out a new temporary management structure, increasing the authority of executives Alex Wallace and Antoine Sanfuentes, until she names a successor.

"NBC News is America's leading source of television news and Steve has been a big part of that success," Fili-Krushel said in a memo to staff members.

Source: http://news.yahoo.com/nbc-news-president-steve-capus-stepping-down-172906898.html

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Friday, February 1, 2013

Beyonce Admits HBO Documentary Makes Her 'Scared'

At a press conference for her Super Bowl performance, Queen B says she's showing her 'human side' in the February 16 special.
By Jocelyn Vena


Beyoncé at a press conference for her Super Bowl performance
Photo: FilmMagic

Source: http://www.mtv.com/news/articles/1701203/beyonce-hbo-documentary.jhtml

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What Is Cheating? New Study Looks At Different Definitions Of Infidelity

What constitutes cheating?

According to State of Dating in America, a new report released jointly by Christian online dating site ChristianMingle.com and Jewish dating site JDate.com, the definition seems to vary depending on who you ask.

Of the 2,700 U.S. singles surveyed, both genders (95 percent of men and 100 percent of women) agreed that having sex with another person was an act of infidelity -- but there wasn't much else both sexes could agree on. All of the women polled (100 percent) thought that sharing a passionate kiss counted as cheating, but only 86 percent of men felt the same. And though more than 80 percent of women felt that texting or online flirting were unfaithful acts, only 56 percent of men agreed. Men and women also differed when it came to whether or not an emotional relationship constituted as cheating, with 55 percent of men and 77 percent of women deeming emotional connections an infidelity.

Christian and Jewish singles agreed in many of their definitions of cheating. Almost all respondents of both religions -- 99 percent of Christians and 98 percent Jews-- agreed that a passionate kiss is an act of cheating. Roughly the same percentage of Christians and Jews -- 68 percent and 67 percent, respectively -- believe having an emotional relationship counts as cheating.

The main differences between the two religious groups? Forty-four percent of Christians said that watching porn was an act of infidelity, while only 24 percent of Jews agreed. Forty-three percent of Christians thought that going to a strip club constituted cheating, and only 20 percent of Jews thought the same.

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Source: http://www.huffingtonpost.com/2013/02/01/what-is-cheating-_n_2600453.html

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Los Angeles Catholic archdiocese releases priest abuse files

LOS ANGELES (Reuters) - The Catholic Archdiocese of Los Angeles, after years of legal battles, released files on Thursday of priests accused of molesting children and removed a top clergyman who had been linked to efforts to conceal the abuse.

Archbishop Jose Gomez said he had stripped his predecessor, retired Cardinal Roger Mahony, of all public and administrative duties. Mahony's former top aide, Thomas Curry, stepped down as bishop of Santa Barbara.

"I find these files to be brutal and painful reading. The behavior described in these files is terribly sad and evil," Gomez said in a statement released by the nation's largest Catholic archdiocese.

"There is no excuse, no explaining away what happened to these children. The priests involved had the duty to be their spiritual fathers and they failed," he said.

A spokesman for a victims' support group said that the removal of Mahony and Curry was long overdue and a small step after the church spent years fighting to protect them.

"Hand-slapping Mahony is a nearly meaningless gesture," said David Clohessy, director of the Survivors Network of Those Abused by Priests, or SNAP.

"When he had real power, and abused it horribly, he should have been demoted or disciplined by the church hierarchy, in Rome and in the U.S. But not a single Catholic cleric anywhere had the courage to even denounce him. Shame on them," he said.

The 12,000 pages of files were made public more than a week after church records relating to 14 priests were unsealed as part of a separate civil suit, showing that church officials plotted to conceal the molestation from law enforcement as late as 1987.

Those documents showed that Mahony, 76, and Curry, 70, his top adviser, both worked to send priests accused of abuse out of state to shield known molesters in the clergy from law enforcement scrutiny in the 1980s.

Mahony and Curry also tried to keep priests sent away to a Church-run pedophile treatment center from later revealing their misconduct to private therapists who would be obligated to report the crimes to police, the documents showed.

Los Angeles prosecutors have said they will review and evaluate the documents, this batch of which includes 124 personnel files, 82 of which have information on allegations of sexual abuse, according to the archdiocese.

The Los Angeles archdiocese, which serves 4 million Catholics, reached a $660 million civil settlement in 2007 with more than 500 victims of child molestation in the biggest such agreement of its kind in the nation, and Mahony at the time called the abuse "a terrible sin and crime."

Victims' advocates have accused Church leaders of continuing to obfuscate their role in the scandal, and cite the newly released confidential letters and memos as a "smoking gun" proving complicity by Mahony and others.

(Reporting by Dan Whitcomb and Alex Dobuzinskis; Writing by Dan Whitcomb; Editing by Cynthia Johnston and Lisa Shumaker)

Source: http://news.yahoo.com/los-angeles-catholic-archdiocese-releases-priest-abuse-files-024045650.html

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Kudos to Senators Cornyn, Cruz, and Inhofe (Powerlineblog)

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McCain: Immigration reform failure would cost GOP

WASHINGTON (AP) ? In a warning to fellow Republicans, Sen. John McCain said Wednesday that failure to pass comprehensive immigration legislation could mean continued election losses for the GOP and cause Republican-friendly states like Arizona to fall to the Democrats.

The Arizona Republican, his party's former presidential nominee and one of eight senators to sign onto a bipartisan immigration reform framework this week, said failure to act means the trend of Hispanic defections from the GOP would continue.

Latino voters supported President Barack Obama over Republican Mitt Romney 71 percent to 27 percent in November, helping to ensure Obama's victory.

McCain said that Republicans have failed to understand the importance of immigration to Hispanic voters and that's cost the party at the ballot box.

"If you have a large bloc of Americans who believe you're trying to keep their ... fellow Hispanics down and deprive them of an opportunity, obviously that's going to have an effect," McCain said.

The Senate framework would provide a path to citizenship for the estimated 11 million illegal immigrants already in the country, secure the border, attempt to simplify legal immigration, and add requirements for employers to prevent hiring of illegal immigrants.

If no bill passes, McCain said, the forecast for Republicans is that "the trend will continue of lack of support from Hispanic voters, and also as you look at the demographics of states like mine that means that we will go from Republican to Democrat over time."

McCain spoke alongside Democratic Sen. Charles Schumer of New York, his partner on the immigration proposals, at a breakfast hosted by Politico.

Source: http://news.yahoo.com/mccain-immigration-reform-failure-cost-gop-140826315--politics.html

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