Wednesday, April 3, 2013

SAC founder Steven Cohen's ex-wife gets another chance at fraud lawsuit?

An appeals court has revived a lawsuit by the former wife of SAC Capital Advisors hedge fund founder Steven A. Cohen, who accused the billionaire of hiding $5.5 million from her during their divorce proceedings.

The 2nd U.S. Circuit Court of Appeals in New York said a lower court erred in dismissing fraud-based claims by Patricia Cohen, who had sued her ex-husband in 2009.

The appeals court also revived claims of racketeering and breach of fiduciary duty, while upholding the dismissal of an unjust enrichment claim.

"I'm delighted," Howard Foster, a lawyer for Patricia Cohen, said on Wednesday. "It looks like the court agreed with us on all the major issues."

SAC tried to downplay the decision.

"This is a procedural ruling and not a ruling on the merits," spokesman Jonathan Gasthalter said. "As we have said from the outset, these decades-old allegations by Mr. Cohen's former spouse were patently false and entirely without merit. We will continue to defend against them vigorously."

Wednesday's decision marks another legal setback for Cohen, whose hedge fund has been embroiled in a broad federal investigation of insider trading. On Friday, prosecutors charged Michael Steinberg, a veteran SAC portfolio manager at the firm, with insider trading.

Last month, the firm reached settlements totaling nearly $616 million with the U.S. Securities and Exchange Commission, without admitting or denying wrongdoing.

The case is Cohen v. Cohen et al, 2nd U.S. Circuit Court of Appeals, No. 11-1390.

Copyright 2013 Thomson Reuters.

Source: http://feeds.nbcnews.com/c/35002/f/653351/s/2a4bde3c/l/0L0Snbcnews0N0Cbusiness0Csac0Efounder0Esteven0Ecohens0Eex0Ewife0Egets0Eanother0Echance0Efraud0E1C91960A68/story01.htm

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Michelle Obama challenges kids with lunch contest

WASHINGTON (AP) ? Children from across the nation will rub elbows with Michelle Obama and dine off fine china in the East Room of the White House this summer as part of a contest to promote healthy eating.

The first lady is asking children ages 8 to 12 and their parents to create nutritious lunch recipes that represent each of the food groups for "The Healthy Lunchtime Challenge."

Winners will travel to Washington to sample some of the original dishes at the second White House kids' "state dinner" luncheon this summer.

The deadline to submit recipes is May 12. Last year's challenge received more than 1,200 entries.

The contest, created by Epicurious.com, is a partnership among the food website, Mrs. Obama and the departments of Education and Agriculture.

___

Online:

http://www.recipechallenge.epicurious.com

Source: http://news.yahoo.com/michelle-obama-challenges-kids-lunch-contest-130033234.html

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How a neurotransmitter acts to coordinate a compound movement through two different receptors in C. elegans

Apr. 2, 2013 ? New research by scientists at the University of Massachusetts Medical School shows at the single cell level how an external stimulus sets off a molecular chain reaction in the transparent roundworm C. elegans, a process in which a single neurotransmitter coordinates and times two separate actions. These findings shed new light on how neurons translate sensory input into actions and may one day pave the way to understanding how misfiring neurons contribute to motor symptoms in neurological diseases such as Parkinson's disease.

Details of the study were published online by PLOS Biology.

"We've known the broad outline of how a behavior circuit works-a stimulus starts a neuronal cascade, which ultimately activates a muscle cell-for decades," said Mark Alkema, PhD, assistant professor of neurobiology. "The details about how this process works, however, such as which neurotransmitters act through which receptors in which neurons have remained a mystery for even the simplest of behaviors.

"This research provides an answer to the simple question of how the worm turns around and the broader question of how a behavioral sequence is produced on a sub-cellular level. In time, understanding voluntary movement in humans will require answering the same questions about the timing and location of neurons and neurotransmitters-only in the infinitely more complex variety of circuits in the human nervous system," said Dr. Alkema.

Roundworms move by alternately relaxing and contracting ventral and dorsal muscles along both sides of its body. As the animal moves forward, it uses its head to probe for possible threats. A gentle touch to the head of the worm initiates an escape response resulting in the animal ceasing head movements and quickly moving backwards. This initial reaction is closely followed by a deep ventral turn allowing it to move away in the opposite direction.

Earlier studies have shown that tyramine, a monoamine neurotransmitter akin to noradrenaline in humans, is involved in the C. elegans escape response. Specifically, C. elegans have a pair of tyraminergic motor neurons that are essential for coordinating the initial suppression of head movement and the backing response. These neurons release tyramine, which works through a fast-acting ion channel called LGC-55 to inhibit forward movement and relax the neck muscles. How the animal coordinates this movement with the subsequent deep turn that allows it to complete the change in direction and move away from the threat, however, was unknown. In this study, the authors provide evidence that links this initial phase of the escape response to the later stages in which the worm makes a sharp turn and navigates away from the danger.

When C. elegans are placed on a surface containing a high concentration of tyramine they become immobilized. Alkema and colleagues found that this paralysis could be overcome by mutating the C. elegans gene responsible for encoding the G-protein coupled receptor SER-2. Additionally, they found that the SER-2 receptor was active in a set of 13 neurons residing along the ventral nerve cord. The synapses of these neurons were connected to corresponding ventral muscles cells along one side of the worm's body.

Further experiments revealed that the same monoamine neurotransmitter-tyramine-responsible for the initial phase of the escape response was also responsible for activating the slow-acting G-protein coupled receptor SER-2. Activation of this receptor inhibited release of the neurotransmitter GABA and facilitated contraction of the ventral muscles, allowing the animal to complete its turn and resume movement in the opposite direction.

"This study shows how tyramine works through separate receptors to produce a complex behavior requiring the temporal coordination of independent motor programs," said Alkema. "Acting through the fast-acting ionotropic receptor LGC-55, the animal completes the initial movement by ceasing head movement and backing away. At the same time, the slow-acting SER-2 receptor is also being activated by tyramine to complete the turn and facilitate movement in the opposite direction.

"It is the different receptors that allow for the coordination of these actions by the same neurotransmitter," said Alkema. "This indicates that tyramine, much like adrenergic signaling in mammals, coordinates different aspects of the flight response. It's possible that temporally coordinated activation of ionotropic and metabotropic receptors may be a common signaling motif employed across organisms to orchestrate behavioral responses and is something we will be pursing further."

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Story Source:

The above story is reprinted from materials provided by University of Massachusetts Medical School, via EurekAlert!, a service of AAAS.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal References:

  1. Jamie L. Donnelly, Christopher M. Clark, Andrew M. Leifer, Jennifer K. Pirri, Marian Haburcak, Michael M. Francis, Aravinthan D. T. Samuel, Mark J. Alkema. Monoaminergic Orchestration of Motor Programs in a Complex C. elegans Behavior. PLoS Biology, 2013; 11 (4): e1001529 DOI: 10.1371/journal.pbio.1001529
  2. Richard Robinson. How the Worm Turns, in Molecular Detail. PLoS Biology, 2013; 11 (4): e1001526 DOI: 10.1371/journal.pbio.1001526

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/DiYDz4ju1C4/130402182642.htm

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Tuesday, April 2, 2013

Winter Snow Travel Insurance: Protecting Your Winter Holiday |

LEEDS, UNITED KINGDOM?(Marketwired ? April 2, 2013) - Asda Money reveals research that has shown that more people are expected to take a winter sports holiday in 20131, meaning more Brits than ever will be hitting the slopes for some winter fun.

While the combination of snow, clear skies and the occasional apr?s ski draws UK holidaymakers to popular ski resorts in countries such as Austria, France and Switzerland time and again, safety considerations are also important when heading off to a break in the snow.

As an example a recent campaign by the Association of British Travel Agents (ABTA) encouraged skiers to ensure they are physically prepared for the demands of a winter sports holiday, after research shows that 39%2 of winter sports fans have injured themselves at least once.

Further findings showed that the most common injuries (73%) were those that occurred as a result of a fall, with significant injuries such as leg breaks or muscle tears accounting for more than half (59%) of those incurred on the slopes2.

With these figures in mind Asda Money looks at how securing the right travel insurance can offer you peace of mind, and allow you to fully enjoy your winter sports holiday.

Benefits of travel insurance

Travel insurance is always a good idea for any kind of holiday, including those based around winter sports activity, helping to meet the cost of medical expenses and hospital stays should you incur injuries while on your winter snow holiday.

The best travel insurance policies are the ones that provide the right level of cover for your needs within your budget. Most ski insurance policies will cover the costs of any medical treatment required, as well as things such as on-piste rescue and the cost of an air ambulance.

Ski insurance may also provide cover for items specifically linked to ski holidays, such as the loss of ski passes or reimbursement of equipment hire costs, ski lesson fees and lift passes should you suffer an injury. Some policies may allow you to claim back the cost of a ski pass should you be unable to ski due to a lack of snow.

A comprehensive package of cover may not be the cheapest when it comes to checking out price comparisons, but if you ever found yourself facing a bill for an air ambulance to take you off a mountainside you might well regret having shaved off a few pounds buying policy that does not provide an adequate level of cover.

Notes to editors

  1. http://www.thisismoney.co.uk/money/holidays/article-2253665/Brits-planning-longer-expensive-adventurous-holidays-2013-value-money-paramount.html
  1. ABTA research http://www.abta.com/resources/news/view/538 all remaining stats from this link

About Asda Travel Insurance

  • Cover from ?4*
  • Unlimited medical expenses
  • 20% online discount
  • Kids and grandkids go free**
  • Single Trip or Annual Holiday Insurance
  • A choice of 3 cover levels
  • Worldwide or European Travel Insurance

* All pricing examples based on travellers being 18-36 at the time of purchase with no medical conditions. Based on an individual Value European 2 day policy bought online. Price includes 20% online discount.

** Terms and conditions apply. Children are covered when they travel with their parents, grandparents or legal guardians only.

Asda Money is a trading name of Asda Financial Services Limited. Asda Financial Services Ltd is an Introducer Appointed Representative of ACE European Group Ltd. This means that Asda Travel Insurance policies are sold, administered and underwritten by ACE European Group Ltd who is Authorised and Regulated by the Financial Services Authority (FSA), reference number FRN 202803. Full details can be found on the FSA?s Register by visiting www.fsa.gov.uk/register/home.do or by contacting the FSA on 0845 606 1234.

Source: http://www.bullquake.com/winter-snow-travel-insurance-protecting-your-winter-holiday/

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Dana White says Alexander Gustafsson still fighting on Saturday?s UFC on Fuel card

Reports made the rounds on Sunday that this weekend's bout between Gegard Mousasi and Alexander Gustafsson was off. News outlets from Sweden said Gustaffson suffered a cut on his face that would take weeks to heal, and doctors wouldn't clear him. But the UFC disagrees.

UFC president Dana White told MMA Fighting that the bout is still on. Mousasi-Gustafsson is set for the main event for Saturday's card in Stockholm.

"The [Swedish Mixed Martial Arts Federation] has not said he can't fight, and he wants to fight," White texted to reporter Ariel Helwani.

Gustafsson is from Sweden and is popular in his home country. Besides wanting to fight in front of his home crowd, Gustafsson has another incentive to want the fight with Mousasi to happen. He's riding a six-fight win streak, with his last win coming over former UFC light heavyweight champ Mauricio "Shogun" Rua. A win over Mousasi could put Gustafsson on the top of the pile of 205 lbers looking for a shot at the title. He even has plans to push for a title shot after the fight.

"My biggest concern right now is Mousasi," Gustafsson said in early March. "That's my biggest focus. It's the only thing I think of right now. I don't really think about [being No. 1] that much. I'm going to grab the mic from whoever has it after the fight and I'm going to challenge the champ after this fight, so let's see what happens."

But a facial laceration could thwart his plans. The fight is on, but it should be an interesting week as we watch if the fight still happens on Saturday.

Source: http://sports.yahoo.com/blogs/mma-cagewriter/ufc-president-dana-white-says-alexander-gustafsson-still-141308060--mma.html

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GOP's Kirk backs gay marriage: "Life comes down to who you love and who loves you back" (Washington Bureau)

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Streams stressed by pharmaceutical pollution

Monday, April 1, 2013

Pharmaceuticals commonly found in the environment are disrupting streams, with unknown impacts on aquatic life and water quality. So reports a new Ecological Applications paper, which highlights the ecological cost of pharmaceutical waste and the need for more research into environmental impacts.

Lead author Dr. Emma Rosi-Marshall, a scientist at the Cary Institute of Ecosystem Studies, comments: "Pharmaceutical pollution is now detected in waters throughout the world. Causes include aging infrastructure, sewage overflows, and agricultural runoff. Even when waste water makes it to sewage treatment facilities, they aren't equipped to remove pharmaceuticals. As a result, our streams and rivers are exposed to a cocktail of synthetic compounds, from stimulants and antibiotics to analgesics and antihistamines."

With colleagues from Indiana University and Loyola University Chicago, Rosi-Marshall looked at how six common pharmaceuticals influenced similar-sized streams in New York, Maryland, and Indiana. Caffeine, the antibiotic ciprofloxacin, the antidiabetic metformin, two antihistimines used to treat heartburn (cimetidine and ranitidine), and one antihistamine used to treat allergies (diphenhydramine) were investigated, both alone and in combinations, using pharmaceutical-diffusing substrates.

Rosi-Marshall explains, "We focused on the response of biofilms ? which most people know as the slippery coating on stream rocks ? because they're vital to stream health. They might not look like much to the naked eye, but biofilms are complex communities composed of algae, fungi, and bacteria all living and working together. In streams, biofilms contribute to water quality by recycling nutrients and organic matter. They're also a major food source for invertebrates that, in turn, feed larger animals like fish."

Healthy streams are slippery streams. And it turns out that antihistamines dry more than our noses. The most striking result of the study was diphenhydramine's effects on algal production and microbial respiration. Exposure caused biofilms to experience up to a 99% decrease in photosynthesis, as well as significant drops in respiration. Diphenhydramine also caused a change in the bacterial species present in the biofilms, including an increase in a bacterial group known to degrade toxic compounds and a reduction in a group that digests compounds produced by plants and algae.

Results suggest that this antihistamine is disrupting the ecology of these sensitive biofilm communities. Rosi-Marshall notes, "We know that diphenhydramine is commonly found in the environment. And its effect on biofilms could have repercussions for animals in stream food webs, like insects and fish. We need additional studies looking at the concentrations that cause ecosystem disruption, and how they react with other stressors, such as excess nutrients."

The other pharmaceuticals investigated also had a measurable effect on biofilm respiration, both alone and in combinations. More work is needed to understand how drug mixtures, which most natural streams experience, impact freshwater systems.

Society's dependence on pharmaceuticals is not likely to wane. Nor is its need for clean, fresh water. This study adds another piece of evidence to the case calling for innovations in the way we manage waste water. Currently, only a fraction of the world's waste water is treated, and the infrastructure in many developed nations is aging.

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Cary Institute of Ecosystem Studies: http://www.ecostudies.org

Thanks to Cary Institute of Ecosystem Studies for this article.

This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.

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Source: http://www.labspaces.net/127538/Streams_stressed_by_pharmaceutical_pollution

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