February 7, 2014 |
A former Tampa police captain who has been jail since he fatally shot a man after a dispute over texting in a movie theater was denied bond on Friday. Following an acrimonious two-day hearing in Dade City, Fla., Judge Pat Siracusa, ruled that Curtis Reeves, 71, should continue to be held in jail where he has been since the Jan. 13 shooting. Reeves maintains he shot Chad Oulson, 43, in a movie theater in Wesley Chapel, Fla., in self-defense after an argument. "I have been doing this long enough to know whatever I say, there are people in this courtroom who will be unhappy," Siracusa said before handing down his decision.
January 16, 2014 |
The wind-down of the bailout continues. The Obama administration has decided to sell about $3 billion of the government's common stock holdings in Ally Financial Inc., a former General Motors Corp. lending arm propped up with taxpayer assistance during the financial crisis. That would bring the recovery from Ally to $15.3 billion, or 89%, of the $17.2 billion bailout provided by the Troubled Asset Relief Program, the Treasury Department said Thursday in announcing its plan. QUIZ: big business news of 2014 The deal would involve unloading 410,000 shares of Ally common stock at $7,375 apiece in a private offering, the department said.
January 14, 2014 |
Wanaah Bail recalls the first time he picked up a basketball. He was in eighth grade and, he said, "I felt at home. " Now a redshirt freshman at UCLA, he looks very much as though he belongs on the court: 6 feet 9 with a massive wingspan and huge hands. It's where he'd like to be too, but he has been forced to be patient. Bail was a dominant power forward at Rosenberg (Texas) Lamar Consolidated High two years ago. His original college choice was Texas Tech, but he left the Red Raiders' basketball program after three weeks, a casualty of Coach Billy Gillispie's implosion.
January 2, 2014 |
WASHINGTON - Federal officials swooped in to rescue mortgage finance giants Fannie Mae and Freddie Mac in 2008 with the largest of all the financial crisis bailouts - a combined $187.5 billion - because they were considered too big to fail. Now, despite bipartisan support to shut them down, Fannie and Freddie may prove to be too profitable to close. Fannie and Freddie play a vital role in the mortgage market by purchasing or guaranteeing more than 6 in 10 new loans. And the housing market's recovery has reversed the finances of the once-private companies, now wards of the U.S. government.
CALIFORNIA | LOCAL
December 29, 2013 |
A Riverside County Superior Court judge is expected to rule this week on whether the money an 83-year-old career jewel thief wants to use to post her jail bond is from a legitimate source. The hearing over Doris Payne's $65,000 bail is scheduled for Friday. A trial readiness conference was scheduled for early February. Payne, whose exploits have garnered international headlines, is charged with second-degree burglary and grand theft - she is accused of stealing a diamond-encrusted ring from a Palm Desert jewelry store in October - and has pleaded not guilty.
CALIFORNIA | LOCAL
December 26, 2013 |
A Riverside County Superior Court judge is expected to rule next week on whether the money an 83-year-old career jewel thief wants to use to post her jail bond is from a legitimate source. On Thursday, attorneys scheduled the hearing over Doris Payne 's $65,000 bail for Jan. 3. A trial readiness conference was scheduled for early February. Payne, whose exploits have grabbed international headlines, is charged with second-degree burglary and grand theft -- she is accused of stealing a diamond-encrusted ring from a Palm Desert jewelry store in October -- and has pleaded not guilty . In his decision this month to keep Payne in custody in lieu of $65,000 bail pending a hearing, Riverside County Superior Court Judge Richard A. Erwood noted that the 83-year-old had listed her occupation on court papers as "jewelry thief" -- something she had done in at least one previous arrest.
CALIFORNIA | LOCAL
December 11, 2013 |
INDIO - Doris Payne, the 83-year-old career jewelry thief whose worldwide exploits have grabbed international headlines, was ordered to stand trial Wednesday in her most recent case in Riverside County. Payne has been charged with second-degree burglary and grand theft after allegedly stealing a diamond-encrusted ring from a Palm Desert jewelry store Oct. 21. She has pleaded not guilty. Riverside County Superior Court Judge Richard A. Erwood ordered Payne back in court Dec. 26, and denied her attorneys' request to release her from custody.
November 24, 2013 |
The Clippers escaped this time, but barely, heaving a sigh of relief when a missed jumper by DeMarcus Cousins off an inbounds play sealed their 103-102 victory over the Sacramento Kings at Staples Center on Saturday. At some point their defensive shortcomings will hurt them, and they acknowledged it. The Clippers played what Coach Doc Rivers called a sensational first quarter defensively and led by 20 in the second quarter before they admittedly let up. That allowed the physical and boisterous Kings to lead by five with just under three minutes left in the fourth quarter and by four as late as with 2:15 left until Chris Paul bailed them out again.
CALIFORNIA | LOCAL
November 21, 2013 |
A professor of psychology was taken into custody Thursday after her bail was revoked in an 18-year-old case in which she is accused of helping set up the slaying of a man she said raped her when she was a college sophomore. Norma Patricia Esparza, 39, was taken from an Orange County courtroom in handcuffs after being allowed to briefly hug her husband. Prosecutors say Esparza, a Pomona College student at the time, and a group that included her ex-boyfriend went to a Santa Ana bar in April 1995 so she could point out her alleged rapist.