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Cloudy Lane clear favourite

There was no question he was a decent horse but he did surprise me a little with the way he won. The reason I ran him in the Bobbyjo was to get some experience into him because he'd only had three runs over fences in his life before that. The Irish National was going through my mind as a target for him before that, but now he has other options."

Connections have until noon on Saturday to make a final decision.

The final decision for the connections of Tango Royal may be a date for retirement but that may well be some time off after his victory in the National Britannia Veterans' Handicap Chase at Newbury. These races, which were added to the programme this season, are restricted to horses aged 10 or over and are proving a great success.

Kandjar d'Allier led the field a merry dance and was still there at the last but it was Last Tango who pulled clear to beat Briery Fox by two lengths to prove that there is plenty of life left in these old horses yet.


Wall Street-Backed Finance

Bank of England Governor Mervyn King said the coordinated effort by central banks last week to ease a credit squeeze was aimed at persuading financial institutions they would do whatever is necessary to protect the world economy. The actions 'demonstrate that central banks are working together to try to forestall any prospective sharp tightening of credit conditions that might lead to a downturn in the world economy,' said King in testimony to lawmakers... Still, 'a painful adjustment faces the global banking sector over the next few months,' King said."

December 19 - Financial Times (Ralph Atkins): "The massive amount of liquidity pumped into financial markets by the European Central Bank appeared yesterday finally to have exceeded demand - but Jean-Claude Trichet, its president, insisted that there had been 'no bail-outs'.


Tide turns Lakers' way with 3rd win over Suns

Lakers center Pau Gasol joked he got a new tattoo Wednesday night. Two long winding scars across his upper back, a cut on his lip and a couple more elbows to his wiry frame courtesy of Shaquille O'Neal.

SLIDESHOW: View photos from the game Suns have interest in another ‘Q’ Former Sun Thomas headed to Spurs

For the past two years, the Lakers have been beaten on the court by Phoenix come playoff time, but Wednesday's 130-124 win over the Suns was L.A.'s third this season.

It means the Lakers won the season series (a potential tiebreaker later on) and moved into a tie for the Pacific Division lead with Phoenix.

It also means this new-look team from Tinseltown has averaged 126 points in those three victories.

"We deserved to win," Lakers coach Phil Jackson said.


B-schools may soon lose monopoly over strategic management lessons

KOLKATA: He is a professor and a gentleman. In a career spanning over two decades with leading companies and top B-schools including IIM Calcutta (IIM-C), he has taught and consulted top corporates on strategic management. But Ranjan Das is now about to change course.

He plans to take the concept of strategic management out of the elitist confines of B-schools into every corner of the country. On a sabbatical from IIM-C since November 2007, he has set up The Strategy Academy (TSA) — a first-of-its-kind initiative.

“All I can say is I have dared to dream. This is an experiment, which is close to my heart and I would like to devote two-to-three years on this. I am ready to put my own money into this venture. I have invested my own funds, including PF money into this," Mr Das told ET.


Juvenile detention centers record 13,000 claims of abuse in 4 years

COLUMBIA, Miss. (AP) _ The Columbia Training School pleasant on the outside, austere on the inside has been home to 37 of the most troubled young women in Mississippi.

If some of those girls and their advocates are to be believed, it is also a cruel and frightening place.

The school has been sued twice in the past four years. One suit brought by the U.S. Justice Department, which the state settled in 2005, claimed detainees were thrown naked in to cells and forced to eat their own vomit. The second one, brought by eight girls last year, said they were subjected to "horrendous physical and sexual abuse." Several of the detainees said they were shackled for 12 hours a day.

These are harsh and disturbing charges and, in the end, they were among the reasons why state officials announced in February that they will close Columbia.


Say It Ain’t So, Ralph!

I had mixed feelings when some friends of mine pointed out that Ralph Nader had mentioned me as an "independent military analyst" in his Sunday appearance on NBC's Meet the Press. In responding to a question from Tim Russert about why he was running yet again, he cited a recent article of mine about how Hillary Clinton and Barack Obama have not only ignored the Pentagon's record spending spree, but have adopted policies that may well involve increasing the military budget.

My point was that we need to get the Democratic frontrunners to address this issue in some fashion before they take office in 2009 (assuming a Democrat wins, which is not guaranteed by any means). It was NOT meant to suggest that we need a third party candidate in the race — although obviously Ralph Nader is free to use the information as he sees fit.


Undernews: Nader - Now The Slander Begins Again

In reality, however, change often comes not from the top or the center but from the edges. Ecologists and biologists appreciate the importance of edges as sources of life and change, whether they be the boundary of a forest, the shore of a bay or the earth's patina so essential to our being that we call the atmosphere. The political edge, at least metaphorically, has many of the same critical attributes.

Third parties have come in all sorts of shapes and colors. Some have aimed at a single issue such as slavery or drinking. Some have been driven by the popularity of an individual such as Teddy Roosevelt or Ross Perot. The ones with the deepest effect on the country's history have tended to be both parties and movements spreading like a virus throughout American culture, such as the Populists, Progressives and Socialists.


Knifeman jailed for terrifying knife attack on teenager

Undy was charged with attempted murder but eventually pleaded guilty to attempted aggravated robbery and aggravated attempting to cause serious harm.

Judge Simpson said Undy had co-operated with police after giving himself up but could not give a reasonable explanation for the attack.

"You told police you had no idea why you did what you did and asked if you could apologise to the victim," she said.

Undy, who suffers agoraphobia and panic attacks, was suicidal and had been drinking in the hours leading up to the incident.

The 48-year-old had eight prior convictions for assault.

Undy will be eligible for parole after serving three and a half years behind bars.

Ms Utting said she was happy with the sentence, which she described as "fair".


 
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