Thursday, July 02, 2009

SPB News for Thursday




Bank of America hit with equal pay suits over retention bonuses
Law.com (sub. req.)
Wall Street brokerage firms are battling a new breed of discrimination lawsuits: retention bonus discrimination. Two class actions — one in New York, the other in Illinois — have been filed on behalf of female and African American brokers who claim that they were offered lower retention bonuses when Bank of America bought Merrill Lynch last year.

Michael Jackson Funeral
-- it won't be until next week
--it will not be at Neverland
--it will be in the L.A. area, and the Staples Center is an option but it hasn't been decided. Beyond that -- the family still hasn't made its decision.

Obesity rates continue to climb; MS, AL, WV top list; CO, MA, CT leanest

Karl Malden dies at 97; Oscar-winning actor

U.S. again [third time] delays releasing CIA torture report The U.S. government on Wednesday once again delayed the release of a full report on CIA's controversial interrogation program. The government had intended to complete its review of the 2004 report and release it two weeks ago. But continued interagency debate about how much of the secret report could be made public pushed back the deadline.

McKinney still held on ship of activists detained by Israel Israel on Wednesday reportedly sent home two of the 21 people taken aboard a ship that attempted to break through a blockade and deliver supplies to Gaza. Authorities released an American filmmaker and a Danish human rights activist, according to freegaza.org, the web site of the Free Gaza Movement, which organized the voyage opposing the blockade. The other passengers remain in Israeli custody, among them former Georgia congresswoman Cynthia McKinney, and 1977 Nobel Peace Prize recipient Mairead Maguire, who co-founded a group that worked for peace in Northern Ireland.

California taking rest of US on its way down The aftershocks of the recession-induced paralysis in California's economy have started ripping through other states across the US. The flagging financial system of California, the world's eighth biggest economy, has affected Illinois and Pennsylvania whose economies are irreversibly interlaced to that of California. Despite rushing frenetically, neither of the states managed to meet the June 30 deadline to pass the budgets for the new fiscal year that ended on the day.

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