IVANA TRUMP ESCORTED OFF PLANE

Ivana Trump was recently escorted off her flight to New York after cursing at attendants and children that were running up and down the aisles. Miss Trump was asked by the deputies of the Palm County Beach sheriffs department to leave the plane. When she refused she was escorted off.

AUTISM CHILDREN AND ADULTS GOING HOMELESS ON LONG ISLAND

....AUTISM CHILDREN AND ADULTS GOING HOMELESS ON LONG ISLAND. NOT ENOUGH HOUSING IN REGION TO TREAT THOSE WITH AUTISM. CHILDREN ARE BEING SHIPPED AWAY TO OTHER STATES. NO HEALTH BENEFITS CAUSING BANKRUPTCY, COUNTY AND FEDERAL OFFICIALS TO INVESTIGATE, MAJOR LI PROTEST & PRESS CONFERENCE ON TUESDAY SEPT 29th

COUNTY EXECUTIVE SUOZZI AND CONGRESSWOMAN McCARTHY JOINS ALMOST 500 OUTRAGED PARENTS AND 30 AUTISM ADVOCACY GROUPS AND LEADERS IN MAJOR PROTEST FOR AUTISM REFORM AS THEIRS NOT ENOUGH HOUSING ON LONG ISLAND FOR CHILDREN AND ADULTS WITH AUTISM, DISABLED CHILDREN ARE BEING SHIPPED OFF LONG ISLAND. THOUSANDS OF LOCAL FAMILIES ARE GOING INTO BANKRUPTCY AND FORECLOSURE CAUSING CRISIS FOR LOCAL RESIDENTS Nassau County Executive Tom Suozzi , United States Congresswoman Carolyn McCarthy and Officials from Autism Speaks will join with almost 500 outraged parents and over 30 autism group organization advocates and leaders in a major protest and rally on Tuesday, September 29, 2009 at 11:30am at Adelphi University to call for housing on Long Island and Autism Reform in the State of New York . Children with autism are going homeless. There is not enough housing on Long Island for adults and children with autism. They are being shipped out of State and away from the region. Local families are also going bankrupted and loosing their homes due to the high cost associated with care of a child with autism. It can cost a family over 50,000 to provide proper health and medical care for children diagnosed with autism.

Approximately one in every 150 children in the United States has autism or a closely related disorder. Autism is one of the top 10 neurobiological disorders — and the only one for which insurance companies refuse to cover the cost of treatment and medical care. Recently, the states of Texas, Pennslyvania. Arizona, Florida, South Carolina and Louisiana passed autism reform legislation. Long Island also has a has a autism housing shortage. There are not enough residential facilities in the region causing children to be hundreds of miles from home and costing taxpayers millions of dollars.

WHEN: TUESDAY, SEPTEMBER 29, 2009, 11:30 am

WHERE: ADELPHI UNIVERSITY , GARDEN CITY

RUTH S. HARTLEY UNIVERSITY CENTER ,

SECOND FLOOR,BALLROOM 201

Contact Dianne Cahill

631-612-8884

AUTISM COALITION OF NASSAU COUNTY

- MEDIA RELATIONS

MADOFF TO BE SENTENCED TO 150YRS IN PRISON

Bernard Madoff is scheduled to appear before Manhattan judge Denny chin to receive his sentence. Madoff could face up to 150 years in prison for conducting one of the most elaborate Ponzi schemes to date. In legal action last Friday he was stripped of his property. His lawyer Lee Sorkin asked the court for a 12 year sentence because Madoff's life expectancy is only 13 years. Currently Madoff is 71 years old.

Local Long Island biz man declares war on Donald Trump after Page Six comments today

Local Long Island biz man declares war on Donald Trump after Page Six comments today Long Island biz man Martin Silver of Georgi Vodka is held a newsconference today April 20th at 11:00am to defend his honor after Trump attacked his corporation and popular in todays Page Six Georgi Vodka is New Yorks best selling vodka and is on the back of every New York City bus. Contact: Natalie Smith DONALD LAUGHS OFF VODKA FOE April 20, 2009 -- IT'S the war of the vodka czars. Martin Silver, the owner of Georgi Vodka, says Donald Trump, who launched his own brand of Trump Vodka in 2006, is a hypocrite for firing Khloe Kardashian from "Celebrity Apprentice" because she was convicted of DUI. Silver raged to Page Six, "Everyone makes mistakes. If you sell spirits, why would you fire somebody who could have been a customer of Trump Vodka the night she was pulled over?" He even said he'll offer Kardashian a job with his company. But an unruffled Trump told us that Silver's slam "is a great compliment to me. It just shows how well Trump Vodka is doing. In fact, it is setting records. I'm very comfortable with my decision to fire Khloe and find it pathetic that a competitor has to stoop so low."

VIRGIN MEGA STORE CLOSES!

After shutting several stores in recent months, Virgin Megastores will close its remaining retail locations by the summer, according to TheWrap, an entertainment website.

Virgin Entertainment Group currently operates six stores in the U.S., including one location in Los Angeles at the Hollywood & Highland Center. The other stores are in San Francisco, Denver, Orlando and New York, which has two locations.
Like many record stores, Virgin has struggled in recent years as consumers turn to retailers such as Best Buy and Wal-Mart and online services for their music needs.
Virgin's flagship store in Times Square will be replaced by a Forever 21.
-- Andrea Chang
la times blog

Citibank to cut homeowners mortgage payments by $500!

Citibank has announced that it will allow unemployed homeowners to reduce their mortgage payments by up to $500 a month. The reduction will only be for three months at that they will work with homeowners on a case by case basis. There are only a few that will qualify for the program. read more...

RIAA Layoffs

The RIAA has laid off up to 20% of its employees earlier this month. Declining revenue in the music industry have caused the layoffs. RIAA has also stopped per suing individuals for illegal file sharing.

Obama: Govt. Should Monitor Bank Risks

Trump Entertainment Resorts De-Listed from NASDAQ

Trump Entertainment resorts was de-listed from the NASDAQ after filing Chapter 11 bankruptcy. The company does not expect to file an appeal of the decision. The company Common Stock trading will be suspended at the opening of business on February 26th. The common stock may become eligible trading over the OTC Bulletin Board if a market maker makes application to quote the common stock in accordance with Securities and Exchange Commission Rule 15c2-11, and the application is cleared.

Sirius XM May Have An Investor

Sirius XMs management is still working to ensure a positive outcome for the company. The company has a possible investor the will elet the company stay solvent but it is expected that Chief Executive mel karmazin will file for bankrupcty. Some creditor at Sirius XM are planning on removing Karmazin if he files for Chapter 11 bankruptcy "Creditors will act quickly and definitively if they perceive that management is (not) acting ... in the best interest of the estate," stated Edward Weisfelner. Sirius XM's convertible bonds are due tomorrow.

Donald Trump Bankrupt?

Donal Trump's Trump Entertainment Resorts Inc. could be filing bankruptcy soon. The company has until tomorrow February 17th to make a $53 million bond payment. The bondholders may force the company into involuntary bankruptcy this week. Donald Trump and his daughter Ivanka have resigned from the board. It has been reported that Trump owns 28% of the stock. In recent quote Donald stated "“I have nothing to do with it. I’m not in it, I’m not on the board,” Trump, who was chairman, said in a telephone interview". He also stated that he had "no idea” if there would be a bankruptcy filing. (bloomberg.com)

Live Nation's Micheal Rapino fights for Merger

“We will be able to deal with all of Sam’s concerns,” Rapino said in a recent statement concerning the the comment made by Sam Shapiro of Shapiro Capital Management. Mr. Shapiro is concerned with the leadership role that Barry Diller will be taking with company. Shapiro Capital Management is Live Nation Inc.'s largest shareholder. As the chairman of Ticketmaster Barry Diller and will retain the same position in the merger. "I’m very much against going into business with Mr. Diller” because of poor returns from companies he leads" stated Shapiro in a recent interview. The merger will make Live Nation one of the largest ticket sellers worldwide causing a monopoly in ticket sales.

Sirius XM Still Looking For Hope!

As February 17th draws closer for a possible takeover by EchoStar's Charles Ergen Sirius XM's Chief Executive Mel Karmazin is still in talks with Liberty Media Corp. Ergen owns $175 million in convertible bonds that come due on February 17th. By converting the debt into equity will allow EchoStar to takeover Sirius XM. Karmazin is looking to Liberty Media as a potential investor but it is not looking good for the company. A representative for Liberty Media has stated that the talks with Sirius XM management have been synergetic.

Ruth Madoff: What Did Bernie's Wife Know?

On Dec. 10, according to a court filing by the Madoffs’ lawyer, Mr. Madoff admitted to his wife and their two sons that his multibillion-dollar hedge fund was an elaborate Ponzi scheme. If that is true, Ruth Madoff learned of her husband’s crimes as suddenly as the rest of the world. One day, she was married to a stock-market genius, the next she was married to one of history’s great con men.

That, anyway, is the official Madoff version of events. At this point, as a mess that Mr. Madoff himself is said to have estimated at $50 billion lands in litigation, the main characters aren’t talking. In the absence of direct answers, all that’s left is the sort of psychological puzzle that belongs in Act II of a David Mamet drama, right before we find out who are the players and who are the played.

Was Mrs. Madoff really blindsided? In the social circles where the couple once traveled, both possibilities are unnerving — that Ruth Madoff was in on this, or that she wasn’t. If she isn’t a confederate, after all, then she arguably should be counted among Bernard Madoff’s victims. Either way, wittingly or not, she was an essential asset to her husband, humanizing him and drawing people into his orbit.

“All I will say on the subject is that it’s hard to imagine that she could live with the guy for 50 years and have no inkling,” says Donald Rosenzweig, a childhood friend of Ruth’s and an investor in Madoff Investment Securities. “Could she attract people to him? Yes. Was she out there shilling for him? I doubt it. But maybe.”

Federal prosecutors have not charged Mrs. Madoff with any crimes, and though she is currently living with her husband, who is under house arrest in their Upper East Side penthouse, she can come and go as she pleases. She has surrendered her passport and agreed to a deal with the United States attorney’s office that freezes her assets and grants her an undisclosed monthly allowance for living expenses, the cost of security for the couple and legal fees. The conditions of bail for Mr. Madoff include a $10 million bond secured by homes in Mrs. Madoff’s name. (huffingtonpost)

Ruth Madoff: What Did Bernie's Wife Know?

Sirius XM filing Chapter 11 Bankrupcty

Looks like Sirius XM Radio may be preparing to file for bankruptcy. Recent news reports that Sirius "thinks there's a 'high likelihood' that Sirius XM will fail to repay or refinance its debt in 2009" states the financial research firm Moody. Sirius XM contains $5 billion in assets but has over $3.25 billion in debt. Sirius XM would be the second largest Chapter 11 filing this year. Sirius XM seemed to be putting things back into perspective when XM Satellite and Sirius merged last year but with auto sales declining (vehicles sold with Sirius XM radio made a up a large portion of its customer base)the company needed to rethink its position. Although it doesn't look like Sirius XM customers will loose their service but it looks as if the company may have to terminate contracts with Shock Jock Howard Stern and Martha Stewart. Howard Stern signed a contract with Sirius that allows him to make $100 million a year.

Satellite company EchoStar may be looking to takeover Sirius XM by purchasing the companies debt.However, it is yet to be determined whether EchoStar is purchasing convertible or bank debt:

"—If Echostar is buying the convertible debt due in February, it could either be making a play for equity (it would have the option to convert the debt to equity), or planning to get in line behind the bank debt holders in bankruptcy proceedings.

—If Echostar is buying bank debt, it could be looking to take control of the company during bankruptcy proceedings as, again, bank debt holders are first in line for the assets." (forbes.com)

EchoStar also owns $400 million of Sirius XM’s debt. If Sirius XM files for bankruptcy, EchoStar could seek in court to take over the company. However, EchoStar may be able to negotiate to convert its shares before bankruptcy at an attractive rate and gain control of the company.

Tax Turkey Awards Given Out To Caroline Kennedy, Rep. Charles Rangel, Treasury Secretary Timothy Geithner, And Others

New York, NY: Brendan Pack, CEO of Tax Academy.com, a multimillion dollar company based in New York City and services over 100,000 companies, has announced today the annual Tax Turkey awards being given to government officials for their potential tax-related problems. The winner will receive a 14k gold "Tax Turkey" plaque. The top five are as follows:

Caroline Kennedy:
Quit her bid for Senate seat due to "personal" reasons, including "tax" problems. Sources cite that Kennedy ended her campaign for Hillary Clinton's vacant Senate seat due to "potentially embarrassing" situations with tax liabilities and employment with nanny. Ms. Kennedy's only tax issue on the public record appeared to be a $615 city tax lien that she settled in 1994, a minuscule amount for a multimillionaire.

Charles Rangel:
In 2008, the chairman of the tax-writing House Ways and Means Committee was accused of failing to report $75,000 in rental income for a villa he owned at the Punta Cana Yacht Club, in Punta Cana, Dominican Republic. Documents also released showed that Rep. Rangel paid no interest on a mortgage used to purchase the beach property. His attorney, Lanny Davis, claims these financial issues were unintentional, and Rep. Rangel wasn't previously aware of his failure to disclose the income because most of the mailings were sent to his wife. Republicans have called for the removal of the Congressman from the House Ways and Means Committee, which writes the nation's tax laws, and an investigation has been implemented.

Tom Daschle:
President Obama's pick to head the Health and Human Services Department, Tom Daschle, recently filed amended tax returns to report $128,203 in unpaid taxes and $11,964 in interest for 2005-2007. His amended taxes reflect additional income for consulting work, the use of a car service, and reductions in charitable contribution deductions. Daschle has paid the IRS taxes and interest for this error, which has delayed his confirmation as Obama's appointed advisor.

Timothy Geithner:
President Obama's pick for Treasury Secretary, Timothy Geithner, disclosed to Senators that he failed to report $34,000 in self-employment taxes from 2001-2004. Although his confirmation hearing was delayed, this tax mistake did not cost him his position as Treasury Secretary, which includes oversight of the IRS.

William Jefferson:
The Congressman was defeated in the 2008 election; however his controversy started a couple years prior to his loss. In 2006, the FBI raided Jefferson's home and claimed they found over $90,000 Jefferson took in bribes, some of the cash stashed away in the freezer. Rep. Jefferson was indicted on 16 charges of corruption by a federal grand jury and stripped of his membership on the House Ways and Mean's Committee, yet the controversy did not end. In June of 2008, his sister pleaded guilty to a Federal fraud scheme.

Toyota Reports A $1.7 Billion Dollar Loss

Headline news in China has estimated a 1.7 billion dollar loss due to the economic Toyota sales in America are down 36.7%, China 10.3%, and Europe 25.8%.It’s the first loss the company has reported 71yrs. General Motors and Chrysler are not the only car companies that are in need of help. It has been reported that Land Rover and Jaguar are also looking to receive help from the Belgium Government.