the trappings of Bernard Madoff's once luxurious lifestyle - jewels, furs and expensive trinkets - will be auctioned on Saturday in New York to benefit victims of Wall Street swindler.
The catalogue contains almost 200 lots reflecting the gaudy life enjoyed by Madoff and his wife Ruth as a result of his decades-long, multibillion dollar Ponzi scheme.
That includes no less than 17 Rolex watches, diamonds, fur coats, Hermes and Louis Vuitton handbags, crocodile-skin belts, golf clubs and numerous items of jewellery.
On a more personal note, there will be a blue satin Mets baseball team jacket emblazoned with "Madoff" on the back. Estimated price: $500-$720 (Bt16,650-Bt24,000).
The Madoff name appears on many other goods, ranging from beach boards to personal stationary.
Gaston and Sheehan auctioneers are handling the sale at a Sheraton hotel in New York, but the goods were seized by the US Marshals Service to raise compensation for hundreds of investors cheated by Madoff.
Pre-auction estimates by Gaston and Sheehan predict sales of about $500,000.
Properties, including a Manhattan penthouse and Palm Beach retreat, have also been seized. A Long Island beach getaway sold for $8 million.
Madoff, now serving a 150-year prison sentence for fraud, claimed just before his arrest last December to have been managing $65 million. However, much of that appears to have comprised fraudulent funds.
The court-appointed liquidator says that investors lost $21.2 billion cash.
Thursday, November 12, 2009
Varsity lecture held on "ya ba" charge
A computer-engineering lecturer at a university was arrested in a sting operation and found with 40 ya ba tablets in Chiang Mai's Hang Dong district, police said yesterday. Provincial Police Region 5's Drug Suppression Unit arrested Sutthichat Pattarakul, 31, on the charge of possessing ya ba for use and sale to youngsters. The sting operation was launched after acquiring convincing information of his alleged drug dealing, police said. An undercover officer set up an appointment to buy ya ba from Suchrat yesterday at 1am. When he showed up to deliver the drugs, police arrested him.
Suchart reportedly told police that he took ya ba to relax and to stay awake late every night to repair computers as a side job, said Pol Lt-Colonel Manit Janthanupongsa of Hang Dong precinct. Suchart told police that he sold ya ba to his younger acquaintances only occasionally.
Suchart reportedly told police that he took ya ba to relax and to stay awake late every night to repair computers as a side job, said Pol Lt-Colonel Manit Janthanupongsa of Hang Dong precinct. Suchart told police that he sold ya ba to his younger acquaintances only occasionally.
Magnificent seven
In the most important, most revered event since the invention of the brontosaurus trap,Microsoft shipped the most incredibly fabulous operating system ever made; the release of Windows 7 also spurred a new generation of personal computers of all sizes at prices well below last month's offers.The top reason Windows 7 does not suck: There is no registered website called Windows7Sucks.com
Kindle e-book reader maker Amazon.com and new Nook e-book reader vendor Barnes and Noble got it on; B&N got great reviews for the "Kindle killer"Nook, with dual screens and touch controls so you can "turn" pages, plays MP3s and allows many non-B&N book formats, although not the Kindle one;Amazon then killed the US version of its Kindle in favour of the international one, reduced its price to $260(8,700 baht), same as the Nook; it's not yet clear what you can get in Thailand with a Nook, but you sure can't (yet) get much, relatively speaking, with a Kindle;but here's the biggest difference so far,which Amazon.com has ignored: the Nook lets you lend e-books to any other Nook owner, just as if they were paper books; the borrowed books expire on the borrower's Nook in two weeks.
Phone maker Nokia of Finland announced it is suing iPhone maker Apple of America for being a copycat; lawyers said they figure Nokia can get at least one, probably two per cent (retail) for every iPhone sold by Steve "President for Life" Jobs and crew via the lawsuit,which sure beats working for it -$6 (200 baht) to $12(400 baht) on 30 million phones sold so far, works out to $400 million or 25 percent of the whole Apple empire profits during the last quarter;there were 10 patent thefts, the Finnish executives said, on everything from moving data to security and encryption.
Nokia of Finland announced that it is one month behind on shipping its new flagship N900 phone, the first to run on Linux software; delay of the $750(25,000 baht) phone had absolutely no part in making Nokia so short that it had to sue Apple, slap yourself for such a thought.
Tim Berners-Lee, who created the World Wide Web, said he had one regret:the double slash that follows the "http:"in standard web addresses; he estimated that 14.2 gazillion users have wasted 48.72 bazillion hours typing those two keystrokes, and he's sorry; of course there's no reason to ever type that, since your browser does it for you when you type "www.bangkokpost.com" but Tim needs to admit he made one error in his lifetime.
The International Telecommunication Union of the United Nations, which doesn't sell any phones or services, announced that there should be a mobile phone charger that will work with any phone; now who would ever have thought of that, without a UN body to wind up a major study on the subject?;the GSM Association estimates that 51,000 tonnes of chargers are made each year in order to keep companies able to have their own unique ones.
The Well, Doh Award of the Week was presented at arm's length to the United Nations Conference on Trade and Development; the group's deputy secretary-general Petko Draganov said that developing countries will miss some of the stuff available on the Internet if they don't install more broadband infrastructure; a report that used your tax baht to compile said that quite a few people use mobile phones but companies are more likely to invest in countries with excellent broadband connections; no one ever had thought of this before, right?
Sun Microsystems , as a result of the Oracle takeover, said it will allow 3,000 current workers never to bother coming to work again; Sun referred to the losses as "jobs," not people; now the fourth largest server maker in the world, Sun said it lost $2.2 billion in its last fiscal year; European regulators are holding up approval of the Oracle purchase in the hope of getting some money in exchange for not involving Oracle in court cases.
The multi-gazillionaire and very annoying investor Carl Icahn resigned from the board at Yahoo ; he spun it as a vote of confidence, saying current directors are taking the formerly threatened company seriously; Yahoo reported increased profits but smaller revenues in the third quarter.
The US House of Representatives voted to censure Vietnam for jailing bloggers; the non-binding resolution sponsored by southern California congresswoman Loretta Sanchez said the Internet is "a crucial tool for the citizens of Vietnam to be able to exercise their freedom of expression and association;"Hanoi has recently jailed at least nine activists for up to six years apiece for holding pro-democracy banners. Iran jailed blogger Hossein "Hoder" Derakshan for 10 months - in solitary confinement.
Kindle e-book reader maker Amazon.com and new Nook e-book reader vendor Barnes and Noble got it on; B&N got great reviews for the "Kindle killer"Nook, with dual screens and touch controls so you can "turn" pages, plays MP3s and allows many non-B&N book formats, although not the Kindle one;Amazon then killed the US version of its Kindle in favour of the international one, reduced its price to $260(8,700 baht), same as the Nook; it's not yet clear what you can get in Thailand with a Nook, but you sure can't (yet) get much, relatively speaking, with a Kindle;but here's the biggest difference so far,which Amazon.com has ignored: the Nook lets you lend e-books to any other Nook owner, just as if they were paper books; the borrowed books expire on the borrower's Nook in two weeks.
Phone maker Nokia of Finland announced it is suing iPhone maker Apple of America for being a copycat; lawyers said they figure Nokia can get at least one, probably two per cent (retail) for every iPhone sold by Steve "President for Life" Jobs and crew via the lawsuit,which sure beats working for it -$6 (200 baht) to $12(400 baht) on 30 million phones sold so far, works out to $400 million or 25 percent of the whole Apple empire profits during the last quarter;there were 10 patent thefts, the Finnish executives said, on everything from moving data to security and encryption.
Nokia of Finland announced that it is one month behind on shipping its new flagship N900 phone, the first to run on Linux software; delay of the $750(25,000 baht) phone had absolutely no part in making Nokia so short that it had to sue Apple, slap yourself for such a thought.
Tim Berners-Lee, who created the World Wide Web, said he had one regret:the double slash that follows the "http:"in standard web addresses; he estimated that 14.2 gazillion users have wasted 48.72 bazillion hours typing those two keystrokes, and he's sorry; of course there's no reason to ever type that, since your browser does it for you when you type "www.bangkokpost.com" but Tim needs to admit he made one error in his lifetime.
The International Telecommunication Union of the United Nations, which doesn't sell any phones or services, announced that there should be a mobile phone charger that will work with any phone; now who would ever have thought of that, without a UN body to wind up a major study on the subject?;the GSM Association estimates that 51,000 tonnes of chargers are made each year in order to keep companies able to have their own unique ones.
The Well, Doh Award of the Week was presented at arm's length to the United Nations Conference on Trade and Development; the group's deputy secretary-general Petko Draganov said that developing countries will miss some of the stuff available on the Internet if they don't install more broadband infrastructure; a report that used your tax baht to compile said that quite a few people use mobile phones but companies are more likely to invest in countries with excellent broadband connections; no one ever had thought of this before, right?
Sun Microsystems , as a result of the Oracle takeover, said it will allow 3,000 current workers never to bother coming to work again; Sun referred to the losses as "jobs," not people; now the fourth largest server maker in the world, Sun said it lost $2.2 billion in its last fiscal year; European regulators are holding up approval of the Oracle purchase in the hope of getting some money in exchange for not involving Oracle in court cases.
The multi-gazillionaire and very annoying investor Carl Icahn resigned from the board at Yahoo ; he spun it as a vote of confidence, saying current directors are taking the formerly threatened company seriously; Yahoo reported increased profits but smaller revenues in the third quarter.
The US House of Representatives voted to censure Vietnam for jailing bloggers; the non-binding resolution sponsored by southern California congresswoman Loretta Sanchez said the Internet is "a crucial tool for the citizens of Vietnam to be able to exercise their freedom of expression and association;"Hanoi has recently jailed at least nine activists for up to six years apiece for holding pro-democracy banners. Iran jailed blogger Hossein "Hoder" Derakshan for 10 months - in solitary confinement.
Saturday, October 17, 2009
AFTER THE BOMBING, DRUG ADDICTION STRIKES GAZA
Abu Ahmed lived through last winter's Gaza war in a daze.Though the district where he lives was invaded by Israeli ground forces and came under heavy fire, including the use of white phosphorus shells, he felt little fear.For by then, the 45-year-old unemployed father of 10 was popping tablets of the painkiller Tramadol to feed an ever more dangerous habit."Of course you care about the children but [with the drugs] you forget about yourself," he explains."You feel less frightened."
Manufacturers warn the maximum daily dose of the synthetic opioid should be no more 300mg per day; Abu Ahmed was taking as much as 800mg - in the grip of an addiction that has rapidly spread throughout Gaza over the last two years. As the population struggles to cope with Israel closing their home to the outside world, the sometimes violent power struggles between Fatah and Hamas, and then the aftermath of Operation Cast Lead,the Tramadol pills - smuggled in through tunnels from Egypt - have provided a wel-come escape from reality. Mental health professionals say there has been a rise in the drug's usage in Gaza since the war.
The Hamas authorities have tried to crack down on it, but the drug's severe withdrawal symptoms means it is a seriously hard habit to break. Hasan Shaban Zeyada, a senior psychologist at the Gaza Community Mental Health Programme (GCMHP) is convinced that many of the psychological problems underlying the addiction are "the consequence of living in this situation - the siege,internal division and the war".
Abu Ahmed used to have a good job as a driver. But like an estimated 100,000 other Gazans he lost it when Israel imposed its blockade after Hamas seized control of the strip from Fatah in June 2007."Before the war the situation was so hard. There was no work, plus I had to take care of 11 people,including my wife. All people could do was sit around in the street and drink tea or coffee."
Depressed and suffering from headaches,he was offered a Tramadol pill by one of his friends. Several of them were using the drug for its supposed power to improve sexual performance, but for Abu Ahmed it was just a way of relieving the strain of life."When I took it, I felt very relaxed," he says.
But Abu Ahmed soon became hooked.Supplies of Tramadol had surged after Hamas militants blew a breach in the southern wall between Gaza and Egypt in January 2008."You could get it at pharmacies and there were people selling it on the street," he says.He quickly graduated from taking one pill a day to three or four and then, though he could ill afford it, as many as eight.
A combination of a doubling in price to about 185 baht for a strip of 10 tablets and a Hamas edict (belated and far from effective)that pharmacies should not sell the drug without a prescription persuaded Abu Ahmed that he had to stop."I tried to get away from it but I couldn't. I had a headache, pain in every part of my body. I had to go the bathroom every 10 minutes. I was sweating. Then you take one pill and you feel better of course."
It was about six weeks after that that Abu Ahmed, who has a history of drug abuse with hashish, turned, on the advice of a friend, to the GCMHP, the pioneering Palestinian organisation started in 1990 and still directed by the territory's leading psychiatrist and civil society spokesman Dr Eyad Sarraj. With the help of counselling from the group's trained therapists, as well as controlled and decreasing doses of alternative drugs like Avitan, he has stopped taking Tramadol. At the height of his addiction, Abu Ahmed was going without eating for up to three days and his weight dropped to 58kg. Now it is back up to 85kg.
"They [the GCMHP] made me feel I was in safe hands," explains a grateful Abu Ahmed,adding that the agency arranged for food aid for his family while he was recovering."They showed respect. And they came to my house to tell my family how they should cope with me when I became nervous and angry."
Yet for all its high professional standards,the organisation cannot help more than a minority of addicts. Although some unofficial estimates put the number of drug addicts as high as many thousands, the GCMHP's Mr Zeyada, who trained at Tel Aviv University,will not, as a scientist, hazard a figure. But he says there is a shortage of mental health provision in Gaza and that "GCMHP cannot take responsibility for the whole community".
Although there has been improvement in mental health awareness in the territory,many residents in socially conservative Gaza baulk at the idea of seeking treatment for psychological problems."The level of stigma is so high," he explains. Instead, many patients go to their GPs reporting physical problems like headaches, back or abdominal pain, and the doctors,"because of a lack of knowledge about psychological disorders", simply prescribe analgesic drugs - of which Tramadol is a prime example - and "after a while the patients become addicts or abusers".
Operation Cast Lead has been over for nine months, but the return to a state of siege, with unemployment at a record 45%,has left a sense of "helplessness and powerlessness" among residents, compounded by the fact that there is no guarantee the war will not be repeated.
For women, the sense that they exist only to serve their children and husbands makes them especially vulnerable to depression and the use of medication like Valium and Xanax. For men, the feelings of powerlessness and loss of masculinity are all too often caused by an inability to protect their children in war or provide for them in relative peace."For a father who cannot fulfil the basic needs of his children it is not easy, especially in a society like Palestinian society," says Mr Zeyada.
Many young people, he adds, are also vulnerable."They don't have hope, they cannot do anything for the future. They are disappointed, depressed, helpless and powerless. They can't find a job, they can't plan for the future, or [afford to] get married."
Manufacturers warn the maximum daily dose of the synthetic opioid should be no more 300mg per day; Abu Ahmed was taking as much as 800mg - in the grip of an addiction that has rapidly spread throughout Gaza over the last two years. As the population struggles to cope with Israel closing their home to the outside world, the sometimes violent power struggles between Fatah and Hamas, and then the aftermath of Operation Cast Lead,the Tramadol pills - smuggled in through tunnels from Egypt - have provided a wel-come escape from reality. Mental health professionals say there has been a rise in the drug's usage in Gaza since the war.
The Hamas authorities have tried to crack down on it, but the drug's severe withdrawal symptoms means it is a seriously hard habit to break. Hasan Shaban Zeyada, a senior psychologist at the Gaza Community Mental Health Programme (GCMHP) is convinced that many of the psychological problems underlying the addiction are "the consequence of living in this situation - the siege,internal division and the war".
Abu Ahmed used to have a good job as a driver. But like an estimated 100,000 other Gazans he lost it when Israel imposed its blockade after Hamas seized control of the strip from Fatah in June 2007."Before the war the situation was so hard. There was no work, plus I had to take care of 11 people,including my wife. All people could do was sit around in the street and drink tea or coffee."
Depressed and suffering from headaches,he was offered a Tramadol pill by one of his friends. Several of them were using the drug for its supposed power to improve sexual performance, but for Abu Ahmed it was just a way of relieving the strain of life."When I took it, I felt very relaxed," he says.
But Abu Ahmed soon became hooked.Supplies of Tramadol had surged after Hamas militants blew a breach in the southern wall between Gaza and Egypt in January 2008."You could get it at pharmacies and there were people selling it on the street," he says.He quickly graduated from taking one pill a day to three or four and then, though he could ill afford it, as many as eight.
A combination of a doubling in price to about 185 baht for a strip of 10 tablets and a Hamas edict (belated and far from effective)that pharmacies should not sell the drug without a prescription persuaded Abu Ahmed that he had to stop."I tried to get away from it but I couldn't. I had a headache, pain in every part of my body. I had to go the bathroom every 10 minutes. I was sweating. Then you take one pill and you feel better of course."
It was about six weeks after that that Abu Ahmed, who has a history of drug abuse with hashish, turned, on the advice of a friend, to the GCMHP, the pioneering Palestinian organisation started in 1990 and still directed by the territory's leading psychiatrist and civil society spokesman Dr Eyad Sarraj. With the help of counselling from the group's trained therapists, as well as controlled and decreasing doses of alternative drugs like Avitan, he has stopped taking Tramadol. At the height of his addiction, Abu Ahmed was going without eating for up to three days and his weight dropped to 58kg. Now it is back up to 85kg.
"They [the GCMHP] made me feel I was in safe hands," explains a grateful Abu Ahmed,adding that the agency arranged for food aid for his family while he was recovering."They showed respect. And they came to my house to tell my family how they should cope with me when I became nervous and angry."
Yet for all its high professional standards,the organisation cannot help more than a minority of addicts. Although some unofficial estimates put the number of drug addicts as high as many thousands, the GCMHP's Mr Zeyada, who trained at Tel Aviv University,will not, as a scientist, hazard a figure. But he says there is a shortage of mental health provision in Gaza and that "GCMHP cannot take responsibility for the whole community".
Although there has been improvement in mental health awareness in the territory,many residents in socially conservative Gaza baulk at the idea of seeking treatment for psychological problems."The level of stigma is so high," he explains. Instead, many patients go to their GPs reporting physical problems like headaches, back or abdominal pain, and the doctors,"because of a lack of knowledge about psychological disorders", simply prescribe analgesic drugs - of which Tramadol is a prime example - and "after a while the patients become addicts or abusers".
Operation Cast Lead has been over for nine months, but the return to a state of siege, with unemployment at a record 45%,has left a sense of "helplessness and powerlessness" among residents, compounded by the fact that there is no guarantee the war will not be repeated.
For women, the sense that they exist only to serve their children and husbands makes them especially vulnerable to depression and the use of medication like Valium and Xanax. For men, the feelings of powerlessness and loss of masculinity are all too often caused by an inability to protect their children in war or provide for them in relative peace."For a father who cannot fulfil the basic needs of his children it is not easy, especially in a society like Palestinian society," says Mr Zeyada.
Many young people, he adds, are also vulnerable."They don't have hope, they cannot do anything for the future. They are disappointed, depressed, helpless and powerless. They can't find a job, they can't plan for the future, or [afford to] get married."
Wednesday, October 14, 2009
Clampdown on illegal software use
At least 1,000 companies are being monitored for potential software copyright infringement by the Thai police in a nationwide drive to reduce license violations by corporate end-users.
Officers from the Economic and Cyber Crime Division said the 1,000 investigations are being conducted based on information suggesting companies have violated the Thai Copyright Act. This information has come from a collection of tips, some anonymous, typically from sources within the targeted companies.
Leads are also being shared by the Business Software Alliance, which runs a toll-free hotline number and a website for informants to report the use of pirated and unlicensed software in businesses.Other software developers also provide police officials with leads and tips about potential offenders.
Police then review and verify any evidence received. If they believe they have a case, police officials then obtain search warrants and conduct raids of company premises.
"Business organisations will have to ensure that they are compliant with the Thai Copyright Act," said Police Colonel Sarayuth Pooltanya, deputy commander of the Economic and Cyber Crime Divi-sion (ECD).
"On October 26 we will begin raiding companies based on our information about software piracy taking place."
August marked one of the ECD's most successful months, with 15 raids netting 54.5 million baht worth of bootleg software. Raided companies came from a wide variety of industries, including manufacturing, real estate, automotive,shipping, design and engineering.
Officers from the Economic and Cyber Crime Division said the 1,000 investigations are being conducted based on information suggesting companies have violated the Thai Copyright Act. This information has come from a collection of tips, some anonymous, typically from sources within the targeted companies.
Leads are also being shared by the Business Software Alliance, which runs a toll-free hotline number and a website for informants to report the use of pirated and unlicensed software in businesses.Other software developers also provide police officials with leads and tips about potential offenders.
Police then review and verify any evidence received. If they believe they have a case, police officials then obtain search warrants and conduct raids of company premises.
"Business organisations will have to ensure that they are compliant with the Thai Copyright Act," said Police Colonel Sarayuth Pooltanya, deputy commander of the Economic and Cyber Crime Divi-sion (ECD).
"On October 26 we will begin raiding companies based on our information about software piracy taking place."
August marked one of the ECD's most successful months, with 15 raids netting 54.5 million baht worth of bootleg software. Raided companies came from a wide variety of industries, including manufacturing, real estate, automotive,shipping, design and engineering.
Sunday, October 11, 2009
MAN TO DIE FOR UIGHUR BRAWL
One man was sentenced to death and a seocnd handed a life-prison term over a factory brawl in southern China that sparked deadly unrest in the northwest Xinjiang region, authorities said yesterday.
Nine others were given jail terms of five to eight years for their role in the fight in Guangdong province in June that left two Uighur men dead, a statement on the website of the provincial high court read.
The brawl erupted between members of the mainly Muslim Uighur minority and Han Chinese workers at a Hong Kong-owned toy factory over Internet rumours about an alleged rape. A subsequent protest by the Uighur community in Xinjiang's capital Urumqi ahainst the factory brawl descended into violence on July 5, with at least 197 people killed, most of them Han Chinese, according to the government.
A Han Chinese man, Xiao Jianhua, was sentenced to death after the court accused him of being the instigator of the factory fight, linciting his co-workers to join in and stopping medical workers from treating the injured.
The statement said Xiao and his accomplices used tools such as iron bars to beat the Uighur men, killing the two workers, seriously injuring three others and slightly hurting six.
Nine others were given jail terms of five to eight years for their role in the fight in Guangdong province in June that left two Uighur men dead, a statement on the website of the provincial high court read.
The brawl erupted between members of the mainly Muslim Uighur minority and Han Chinese workers at a Hong Kong-owned toy factory over Internet rumours about an alleged rape. A subsequent protest by the Uighur community in Xinjiang's capital Urumqi ahainst the factory brawl descended into violence on July 5, with at least 197 people killed, most of them Han Chinese, according to the government.
A Han Chinese man, Xiao Jianhua, was sentenced to death after the court accused him of being the instigator of the factory fight, linciting his co-workers to join in and stopping medical workers from treating the injured.
The statement said Xiao and his accomplices used tools such as iron bars to beat the Uighur men, killing the two workers, seriously injuring three others and slightly hurting six.
Friday, October 9, 2009
Thai brothel tale haunts minister
France's culture minister, already under fire for defending Roman Polanski who faces sex charges, has been attacked for his memoir which describes sex with Thai brothel "boys".
Frederic Mitterrand, the 62-year-old nephew of late president Francois Mitterrand,wrote a book described by its publisher as a "novel of autobiographical inspiration" in which the first-person narrator recounts sexual adventures with Thai boys.
"At a time Mitterrand:when France Memoir attacked is engaged with Thailand to fight against the curse of sex tourism, here we have a government minister who himself explains that he is a consumer," opposition Socialist Party spokesman Benoit Hamon said.
The far-right National Front Party called for Mr Mitterrand's resignation, saying his 2005 book La Mauvaise Vie The Bad Life )had left "an indelible stain on the government".
The passages in The Bad Life that have sparked controversy deal with the hero's visits to brothels and boy bars in Southeast Asia.
Frederic Mitterrand, the 62-year-old nephew of late president Francois Mitterrand,wrote a book described by its publisher as a "novel of autobiographical inspiration" in which the first-person narrator recounts sexual adventures with Thai boys.
"At a time Mitterrand:when France Memoir attacked is engaged with Thailand to fight against the curse of sex tourism, here we have a government minister who himself explains that he is a consumer," opposition Socialist Party spokesman Benoit Hamon said.
The far-right National Front Party called for Mr Mitterrand's resignation, saying his 2005 book La Mauvaise Vie The Bad Life )had left "an indelible stain on the government".
The passages in The Bad Life that have sparked controversy deal with the hero's visits to brothels and boy bars in Southeast Asia.
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