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Archive for September 19, 2008

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New York – Wall Street Goes Wild on Gov’t Rescue, Short-selling Ban, Market Moves 1000 Points In A Week

September 19, 2008 at 04:11 PM
New York - This week's wild ride on Wall Street is starting to look like just that — a ride — because the Dow is on track to end roughly where it was last Friday. So, essentially, you could've taken the week off, and it wouldn't have made a difference. After being down by nearly 1000 points at one point this week, the rally of the past two days — which may turn out to be the best...

Postville, IA – New CEO of Agriprocessors: Change Is Coming, Will Unionize The Plant.

September 19, 2008 at 02:48 PM
Postville, IA - The new chief executive officer of Agriprocessors, the kosher meatpacker targeted in an immigration raid and accused of child-labor violations, said Thursday that his company will make fundamental changes. In a telephone interview with The Associated Press hours after his hiring was announced, Bernard Feldman said his appointment will quickly lead to changes, especially in the...

Mahwah, NJ – Chai Lifeline Cancer Retreat House In Dispute With Town

September 19, 2008 at 02:23 PM
Mahwah, NJ- Rabbi Simcha Scholar, executive vice president of Chai Lifeline, said he has no doubt that the "average citizen in Mahwah is compassionate." Still, he added, he is "appalled" by the township’s cease-and-desist order targeting the group’s Goldman River Retreat for families of children with cancer. On Wednesday night, as this newspaper went to press, Chai Lifeline, the group’s...

Brooklyn, NY – Man Accused of Making Fake Police and Fire Parking Placards

September 19, 2008 at 01:59 PM
Brooklyn, NY - A New York City man has been charged with making fake police and fire parking placards, along with credentials for major sports events and concerts. Jerome Knauer was arrested, the Brooklyn district attorney's office says he has been charged with forgery and possession of a forged instrument. His computer templates allegedly included a Stanley Cup locker room credential...

Brooklyn, NY – Hate Message on Building Under Construction

September 19, 2008 at 01:08 PM
Brooklyn, NY - Williamsburg Shomrim Patrol on the scene at 789 Bedford Avenue for a few swastikas spray painted on a building under construction, NYPD of 79th Pct and Hate Crime units are all responding to the scene...

Rome – Rabbi Pulls Out of 140-hour Bible TV Reading Session

September 19, 2008 at 12:32 PM
Rome - The chief Rabbi of Rome, Riccardo Di Segni, has pulled out of a planned marathon reading of the entire Bible on Italian television with Pope Benedict XVI next month on the grounds that the event is "too Catholic". The reading, which will last 140 hours, will be broadcast on RAI, Italian state television, over six days and nights starting on October 5. It will open with the Pope reading...

Trenton – No More Plea Bargains For NJ Teen Drivers Ticketed

September 19, 2008 at 11:54 AM
Trenton - New Jersey's attorney general has slammed the brakes on plea bargains for teenagers ticketed for driving offenses. Attorney General Anne Milgram issued a directive Wednesday barring municipal prosecutors from offering bargain-down deals to provisional drivers. The directive is the first recommendation of Gov. Jon Corzine's Teen Driving Study Commission to be put into...

New York – Hatzalah Organizations In The State Stand To Lose Free E-ZPass Benefits

September 19, 2008 at 11:12 AM
New York - The MTA Board will be considering a resolution at its Board meeting on September 24, 2008, which if adopted, will eliminate non-revenue E-ZPass authorizations for public agencies and emergency services organizations. If the resolution is passed, any volunteer agency's E-ZPass tags will no longer be valid for toll-free passage across MTA Bridges and Tunnels nine facilities and they will...

Brooklyn, N Y – Borough President Marty Markowitz’s no-bid Contracts Need To Be Scrutinized

September 19, 2008 at 10:14 AM
Brooklyn, NY - No-bid contracts issued by Brooklyn Borough President Marty Markowitz's office look like an attempt to skirt the law - and may warrant law enforcement scrutiny, Controller William Thompson told the Daily News Thursday. "I'm not sure if we would take a look and dig into this one, or if an agency like the Department of Investigation might not take a look," Thompson said. A DOI...

Ogdensburg, NY – City Suing Owner of Ahava Kosher Cheese Plant to Get Equipment

September 19, 2008 at 10:02 AM
Ogdensburg, NY - The city has filed suit against the owner of the kosher cheese plant to acquire its cheese-making equipment. The lawsuit was brought after St. Lawrence Food Corp. recently defaulted on loans issued by the city totaling about $500,000. The company used the cheese-making equipment as collateral on the loans. An agreement called for the city "to take possession of the...

New York City – World’s Shortest Man Brings NYC To A Halt

September 19, 2008 at 09:34 AM
New York City - It apparently takes a visit by the world's shortest man to bring New York City to a halt. Cab drivers, police officers and other busy New Yorkers paused in their hurried lives to look at tiny He Pingping as he walked along 42nd Street in Manhattan on Thursday. The 20-year-old Chinese man is 2 feet 5.37 inches tall. He was in the city to launch the 2009 edition of the Guinness...

New York – U.S. Treasury To Guarantee Money Market Funds

September 19, 2008 at 09:24 AM
New York - In the latest step designed to stem the turmoil in financial markets, the U.S. Treasury said it will guarantee money market funds so that no other fund "breaks the buck." The Treasury Department said it's going to insure any publicly offered money market fund, both retail and institutional, that pays a fee. President Bush has authorized up to $50 billion in protection, and...

New York City – Egoistic Jewish Leaders, Threats To Sponsers Led To Reversal Of Palin

September 19, 2008 at 08:41 AM
New York City - Rescinding an invitation to Republican vice-presidential nominee Sarah Palin, and every other political figure who was scheduled to appear Monday at a protest against the United Nations appearance of Iranian President Ahmadinejad, was “the only way the rally could keep its focus,” according to Malcolm Hoenlein of the Conference of Presidents of Major American Jewish...

New York – SEC Halts Short-Selling in 799 Financial Stocks

September 19, 2008 at 08:32 AM
New York - The Securities and Exchange Commission temporarily banned short-selling on 799 financial stocks to boost investor confidence on Friday, one day after the UK Financial Services Authority took a similar step. "The Commission is committed to using every weapon in its arsenal to combat market manipulation that threatens investors and capital markets," SEC Chairman Christopher Cox said...

Israel – Rabbi: I Urge Rabbis On ‘Rosh Hashonah’ to Speak Out Against Domestic Violence

September 19, 2008 at 08:25 AM
Israel - Chief Rabbi of the city of Givatayim Yosef Gliksburg calls on all Rabbis to utilize the High Holiday sermons to battle the phenomenon of domestic violence. Gliksburg, a member of the Chief Rabbinical Committee of Israel, is promoting close cooperation between Israel's chief rabbanite and civil organizations fighting against violence. “The Rabbis should give the spiritual...

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