| Loan Scandal Escalates
When Andrew M. Cuomo started asking questions about the relationships between lenders and colleges, many in higher education scoffed (off the record) that this was a case of an ambitious politician looking for headlines and that there wasn’t much for his inquiry to find. There’s no doubt that Cuomo, New York State’s new attorney general, is an ambitious politician looking for headlines, but he’s finding more and more to investigate. And some experts on aid are increasingly worried that the scandal is going to scare some students and families away from borrowing or from getting advice from financial aid offices. .
Contractor loses La. scholarship account data dating back to 1998
BATON ROUGE, La. -- A Boston-based contractor hired to store and safeguard state scholarship and college savings account data lost most of those records _ including bank account numbers and student and parent Social Security numbers _ during a move, officials say. "We certainly don't want to create any panic. But people should be aware and take the necessary steps," said Melanie Amrhein, executive director of the Louisiana Office of Student Financial Assistance. "This is backup data off of a mainframe that contains sensitive personal information." Special equipment and software and "sophisticated computer skills" would be needed to get the compressed records from the TOPS scholarship program, START Saving Program, and Free Application for Federal Student Aid, according to a notice posted on the Internet.
50,000 to file IT returns again
Setting a record of sorts, traffic cops challaned nearly 1,600 violators in the Feroze Gandhi market here in the last one month. As per rough estimates, total revenue generated was around Rs 16 lakhs. The market is one of the busiest in the city, with a large number of business houses, commercial offices, banks and finance companies located here. Police sources said the market had recently become quite sensitive due to its proximity to the mini-secretariat, police headquarters and the CIA office. Vehicles parked dangerously close to the secretariat wall were a major threat, so vigil in the area was increased. SI Mukesh Kumar got the distinction of challaning nearly 1,000 vehicles. SSP R.K. Jaiswal, who had specially ordered increased monitoring in the market, has awarded him with a commendation certificate given by IG Zonal.
Sales LKR 222 mn
Assume our imaginary person, a delivery man, gets an income of 100 rupees a day and that all of his consumption is imported. He spends 96 rupees on petrol and four rupees on other things. Assume further that petrol is raised to 97 rupees. The nature of energy is such that there is an economic imperative to consume it. Our man has to go to work for example. People are willing to spend on energy because they seem to get huge returns from doing so, like going to work. So demand for oil is fairly inelastic. If he continues to use petrol, paying 97 rupees, he has to cut down other imported goods to 3. There is simply no other alternative unless our imaginary person gets into debt. So the bulk of the import compression in a fuel price rise in the very short term will come not from oil but from other imports.
Humiliation for Edwards
Voted for No Child Left Behind, campaigns against it. Voted for the China trade deal, campaigns against it. Voted for the Iraq war ... MyDD is temporarily stunned! ... 2:33 P.M. ______________________________ Thursday, January 17, 2007 'Bradley Effect' Update: Obama is ahead by 9 points over Hillary in the most recent Mason-Dixon poll of South Carolina voters. But can we trust voters to have told pollsters the truth--or are racial concerns (including the desire not to offend) leading them to give inaccurate answers? a) Black 'Bradley' Voters? Noam Scheiber weighs in again on the possiblity of such a "Bradley Effect" for black voters. It all depends on the race of the interviewer, he argues--suggesting that when the interviewer is black, some black voters may opt to (falsely) show racial solidarity, but that when African-Americans are in the presence of whites, the greater social fear is being considered a "race man" ...
Business events
ATHENA Awards Luncheon: The Rochester Business Alliance's Women Council will honor 21 women chosen as finalists for demonstrating significant achievements in business, community service and professional advancement of women. Jackie Kallen is the keynote speaker. Noon to 1:30 p.m. Jan. 24. Reservations required. Rochester Riverside Convention Center, 123 E. Main St. $75; $35 student; $550 table of 10. (585) 256-4612. Finance Managing Your Xerox 401(K) Options/Retirement Planning: Marathon Financial. 6:30 p.m. Jan. 21, 28 and Feb. 4. 179 Sully's Trail, Perinton. Free. (585) 419-2280. An Explanation of the Revised New York State Partnership Plan for Long-Term Care Insurance: LTCi Consultants. 7 p.m. Tuesdays. Registration required. 140-A Metro Park (Suite 18), Henrietta. Free. (585) 721-2385.
When in Rio at Carnival, head for the Sambadrome
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