| Two teens charged over Porsche, BMW and Mercedes thefts
A 17-year-old boy was charged with three counts of aggravated burglary and five counts of car stealing. Both are due to appear in the Fremantle Children's Court today for the offences alleged to have occurred between December last year and February this year across the Perth metropolitan area. Share this article What is this? .
Reflation Contemplation
Real Estate loans rose $10bn (up 7.3% y-o-y). Consumer loans added $1.5bn. Securities loans increased $1.6bn, and Other loans jumped $14.9bn. On the liability side, Deposits jumped $89.5bn. M2 (narrow) "money" supply jumped $50bn to $7.492 TN (week of 1/21). Narrow "money" expanded $403bn y-o-y, or 5.7%. For the week, Currency added $1.7bn and Demand & Checkable Deposits increased $24.7bn. Savings Deposits rose $7.0bn, while Small Denominated Deposits gained $3.9bn. Retail Money Fund assets increased $13bn. Total Money Market Fund assets (from Invest. Co Inst) surged another $62.9bn last week (4-wk gain $202bn) to a record $3.314 TN. Money Fund assets have posted a 27-week rise of $731bn (55% annualized) and a one-year increase of $958bn (41%). Asset-Backed Securities (ABS) issuance increased this week to $4.6bn.
Councilor objects to DIA contractor
A Denver councilman raised objections Monday about a contractor scheduled to get $13.4 million in work at Denver International Airport, saying the company has violated the city's prevailing wage laws and does shoddy work. Councilman Chris Nevitt ended up voting to grant initial approval of the contract for RK Mechanical Inc. of Denver, but he blasted the contractor as having a bad record on the wage rules for city projects. The contract is to repair cooling towers used in the air-conditioning system at the airport. Nevitt said he would vote to grant initial approval to the contract because the work is crucial for the airport. There isn't enough time to seek another round of bids, he said. "It just sticks in my craw," said Nevitt, stressing that in the future, he wants the city to get more contractors interested in projects.
Abington hospital moves patients after smoky odor
Ten patients at Abington Memorial Hospital were relocated to another building yesterday after a "smoky" smell was detected on a maternity floor. The fire department was called at 3:17 p.m. after sparks from workers' tools landed in some insulation and smoldered, causing the smell, according to hospital officials. The workers were installing a heating and air-conditioning unit in the basement of the Highland Building. The patients were on the second floor. There were no injuries and the move was precautionary, according to hospital officials. - Mari A. Schaefer .
the has-been
In an interview with Matt Lauer that will air on NBC Tuesday night, Craig lashed out at Mitt Romney for dumping him the day the arrest story broke: "He not only threw me under his campaign bus, he backed up and ran over me again." Apparently, there's no "I Brake for Bad Boys" bumper sticker on the Mitt Mobile. For days, Romney has been fending off charges from John McCain and Rudy Giuliani that he can't be trusted. Now Mitt's constancy is under fire from Craig, the Republicans' leading authority on saying one thing and doing another. Last week, Republicans were stunned to find out that Craig won't go. This week's revelation is worse: Craig won't go quietly. In the early days of the scandal, he acted like a man who would neither fight nor switch. As he told Lauer, now he has launched a public relations blitz to show the world, "I'm a fighter." Craig isn't just haunting Republicans from the political grave; he's inviting them to come join him.
Montana files suit against former state accountant
The state of Montana filed a civil lawsuit against a former state accountant and her husband's maintenance business Wednesday, seeking to recover more than $739,000 the state alleged was paid to the company for work that was not performed.We are finally beginning the process of recovering every single dollar that's been stolen from Montana taxpayers,'' said Sheryl Olson, deputy director of the Department of Administration. We filed this case to help us turn over every stone to help us recover all that money, plus interest.''The state alleges Susan Campbell, a former accountant in the Facilities Management Bureau, occasionally issued or caused others to issue duplicate payments to Jack's Technical Assistance Inc., owned by Jack Campbell.JTA had yearly contracts to maintain heating, ventilation and air conditioning at the Capitol complex beginning in 2000 and ending in October 2006.
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