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Author: muckety
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Landmark Hopes to Complete Divestment by End of Year
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Microsoft Confirms it Could Renew Its Effort to Buy All of Yahoo
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Copied passages cloud judicial nomination of Michael E. O’Neill
On paper, the nomination by President Bush of Michael E. O’Neill to be a federal judge would seem to have a good chance of being confirmed by the U.S. Senate.
But O’Neill’s prospects of serving on the U.S. District Court for the District of Columbia cannot have been helped by a story in Friday’s New York Times.
Hint: Click in map to explore connectionsStory continues below interactive map
MAP HINTS: Click expands a name. Control+Click centers map on a name. Solid lines are current relations. Dotted lines are former relations. For advanced tools choose Tools > Options from the menu at top. More help. Not seeing the maps? Please go here to check for the latest version of Java.Adam Liptak of the Times reports on concerns about the legal scholarship of O’Neill, a former Supreme Court clerk and counsel to the Senate Judiciary Committee, who is now a professor at George Mason University Law School.
Liptak reports that some of O’Neill’s writing contains unacknowledged, nearly verbatim, passages of other scholars’ work.
In an interview with Liptak, O’Neill, 43, blamed the echoes on “a poor work method.” He said that his writing and the writing of others might have gotten mixed together as he put them into a single computer file.
“I didn’t keep appropriate track of things,” O’Neill said. “I frankly did a poor and negligent job.”
The Times looks longest at an article O’Neill published in 2004 in the Supreme Court Economic Review.
Passages in the article are similar to those in a book review by Anne C. Dailey, a professor at the University of Connecticut. Her review appeared in the Virginia Law Review in 2000.
O’Neill includes extensive footnotes in his article entitled “Irrationality and the Criminal Sanction.” However, he does not acknowledge Dailey’s review even though some of her language appears in his article word-for-word.
Dailey called the apparent plagiarism to the attention of the editors of the Economic Review. They, in turn, retracted the article saying that “substantial portions” had been “appropriated without attribution.”
Daniel D. Polsby, the editor of the review and the dean of the George Mason Law School, told Liptak that he considered the copying to be “negligent behavior.”
“The idea of O’Neill committing a theft is just impossible,” he said. “It’s just impossible.”
In an interview, Sen. Arlen Specter, the ranking Republican member of the Senate Judiciary Committee that will consider O’Neill’s nomination, told Liptak that he knew of the concerns about O’Neill’s writings.
“I’ve heard him out on it and put it in the balance of everything else I knew about him,” Specter said. “I believe he is an excellent prospect for the district court.”
Specter was chair of the judiciary committee from 2005 to 2007. O’Neill served as the committee’s chief counsel and staff director.
At the time, some argued that Specter, a political moderator who needed conservative support to head the Judiciary Committee, appointed O’Neill chief counsel because of O’Neill’s conservative credentials.
After Yale Law School, O’Neill first clerked for David B. Sentelle, a conservative, who was then a judge on the U.S. Court of Appeals for the District of Columbia, and is now the chief judge.
O’Neill then went on to clerk for Supreme Court Justice Clarence Thomas, also a conservative.
During his time as counsel to the Judiciary Committee, O’Neill helped guide the nomination of John G. Roberts Jr. to be chief justice of the Supreme Court to confirmation.
Similarly, he watched over the successful confirmation of Samuel A. Alito Jr. as an associate justice of the Supreme Court.
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In an Absolut World, you can be Kanye West (Muckety)
Absolut Vodka and Kanye West are testing the power of viral marketing by releasing a spoof infomercial online.
Hint: Click in map to explore connectionsStory continues below interactive map
MAP HINTS: Click expands a name. Control+Click centers map on a name. Solid lines are current relations. Dotted lines are former relations. For advanced tools choose Tools > Options from the menu at top. More help. Not seeing the maps? Please go here to check for the latest version of Java.BeKanyeNow.com, the website for Absolut’s newest celebrity endorsement campaign, features West starring in an ad for “Be Kanye,” a fictional pill that the rapper says will turn you into him.
The concept is that “In an Absolut World,” anyone could become Kanye West. However, the tablet is a goof; the ad plugs Absolut, even though the campaign slogan “In an Absolut World” is only mentioned once in the video.
The website is hosted by Absolut, and requires legal age verification to enter.
Absolut is also a sponsor of West’s Glow in the Dark Tour, currently in progress, to support his Grammy-winning album, Graduation.
The “In an Absolute World” campaign features other celebrity endorsers, including Zach Galifianakis, a comedian who also spoofed Kanye West’s video “Can’t Tell Me Nothing.”
Galifianakis, who did the Funny or Die Comedy Tour with Will Ferrell, teamed up with comedy duo Tim Heidecker and Eric Wareheim of the Adult Swim program Tim and Eric Awesome Show, Great Job! for his Absolut commercial.
Absolut also features “In an Absolut World” slogans by the websites Thrillist (”In an Absolut World all your spam would be true” and TreeHugger (”In an Absolut World everything would be downloadable”) and the nonprofit organization Live Earth Concerts for the Climate Crisis (”In an Absolut World none of these films would be necessary”).
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Microsoft confirms it could renew its effort to buy all of Yahoo!
As dissident shareholder Carl Icahn warned that Yahoo! is “moving toward a precipice” and “it is time for a change,” Microsoft said today it could renew its effort to buy Yahoo! The catch: First Yahoo! shareholders must vote in a new slate of directors at their Aug. 1 meeting.
Hint: Click in map to explore connectionsStory continues below interactive map
MAP HINTS: Click expands a name. Control+Click centers map on a name. Solid lines are current relations. Dotted lines are former relations. For advanced tools choose Tools > Options from the menu at top. More help. Not seeing the maps? Please go here to check for the latest version of Java.Icahn is offering his own slate of directors at that meeting.
In its statement today, Microsoft said it concluded there was no possibility of doing a deal with the current Yahoo! board members.
“We confirm, however, that after the shareholder election Microsoft would be interested in discussing with a new board a major transaction with Yahoo!, such as either a transaction to purchase the “Search” function with large financial guarantees or, in the alternative, purchasing the whole company,” the statement said.
Henry Blodget, writing at Alleyinsider.com, said if there is a new offer for all of Yahoo! it won’t be near the previous offer of $33. “There’s no reason in the world they should pay more than $27,” he wrote.
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Gatehouse Media Lee Enterprises Top Newspaper Misery Index
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Madonna Lenny Kravitz a Rod Love Triangle
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GateHouse Media, Lee Enterprises top newspaper ‘misery index’
Rapidly shriveling stock prices have produced a new misery index for the nation’s beleaguered newspaper industry: sky-high stock dividend yields. So high, some observers speculate, that some cash-strapped companies will soon have to cut dividends, putting even more pressure on their stock prices.
Examples of the Newspaper Misery Index (the higher the yield the greater the company’s financial misery), from Google Finance over the holiday weekend:
GateHouse Media 32.3%
Lee Enterprises 23.31%
E.W. Scripps 19.11%
A.H. Belo 18.35%
McClatchy 13.16%
Gannett 8.16%
Media General 8.12%
New York Times 6.04%
Washington Post 1.46%
News Corp. .82%Historically, yields on established newspaper company stocks have generally been in the 1% to 2% range.
One Wall Street commentator wrote an open letter last month to GateHouse CEO Michael Reed, saying it’s time to eliminate the company’s dividend. The current annual payout is 80 cents a share on a stock that closed last week at $2.47.
Gatehouse, which went public in 2006, built much of its strategy on a relatively high yield, but not 30%. Wesley Edens, the chairman and CEO of Fortress Investment Group, is also chairman of GateHouse.