Friday, March 30, 2012

Resolute Games launching new iPhone app - Sacramento Business Journal:

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Seven Deaths is a fighting game that follows the lives of eight characters through one night in Nagamachi throughn a battle for control inthe city. The game includes full stories of the characters anddetailed backgrounds. The game will also eventuallh include updatesfor Wi-Fi multiplayer and social media. Resolutre Games has also created othetriPhone applications, including “ThumStruck,” “Segment” and “Elvis And Resolute gamers will now have new, faster devices to play on.
At its Worldwidw Developers Conference inSan Francisco, announcedc the next generation of iPhone, whicu will download content three times faster than the currenty brand and will include a 3-megapixe autofocus camera. It also has voice-control featurews and a built-in compass. The 3GS also has improvef battery life with up to nine hourson WiFi, 10 hourws while watching video, 30 hours using audio, 12 hours using 2G talk and five hourse using 3G talk. The new iPhone will be available in black and white onJune 19. It will sell for $199 for a 16GB modep and $299 for 32GB.

Wednesday, March 28, 2012

National Association of Realtors index declines - Washington Business Journal:

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NAR's Pending Home Sales Index fellto 84.7 in May, down 4.7 percen t from an upwardly revised readingy of 88.9 in April. The index is 14 perceng below its level inMay 2007. The recent decline is steeper thanthe 2.8 percent fall that economists had according to a consensus of estimates compiled by Briefing.com. The indec had jumped more than 7 percenr in April as falling home prices sparked a bout ofbargaimn hunting. But May's readintg proved the housing slump is farfrom over. In the the NAR lowered its existing-home sales outloo k for 2008, saying it now expects salew of 5.31 million, down from the 5.39 million forecasyt in April.
NAR said existing home prices also are expectecdto fall. The aggregate median existing-homse price is projected to fall 6.2 percent this year to $205,300, and then rise by 4.3 percenty in 2009 to $214,100, the report indicated. Pendinv home sales declined inall regions, but the drop was relativelyg mild in the West, where sales fell just 1.3 Pending home sales were down 2.9 percenr in the Northeast, 6 percent in the Midwest and 7.1 percenft in the South.
The indecx is based on a national sample, typicallgy representing about 20 percent of transactionsfor existing-home A reading of 100 is equa to the average level of activity during 2001, the first year to be examinedr as well as the first of five consecutive record yearsd for existing-home sales.

Monday, March 26, 2012

Quotations of the day - Washington Post

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Quotations of the day

Washington Post


“By now it should be clear. Your provocations and pursuit of nuclear weapons have not achieved the security you seek, they have undermined it. Instead of the dignity you desire, you are more isolated.” â€" President Barack Obama in a direct challenge to ...



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Saturday, March 24, 2012

Romney: It was Bush, not Obama, who averted second Depression - Los Angeles Times

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Los Angeles Times


Romney: It was Bush, not Obama, who averted second Depression

Los Angeles Times


By Michael A. Memoli On the day one Bush -- Jeb -- endorsed his candidacy, Mitt Romney praised another -- former President George W. Bush -- for the actions he took that Romney said averted a second Great Depression. In response to a question at a town ...


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Thursday, March 22, 2012

With title in mind, Thunder add veteran Derek Fisher - USA TODAY

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USA TODAY


With title in mind, Thunder add veteran Derek Fisher

USA TODAY


By J. Michael Falgoust, USA TODAY In need of an experienced point guard behind  »

Tuesday, March 20, 2012

Sunday, March 18, 2012

Paulson didn

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Paulson is testifying before the U.S. House Committer on Oversight andGovernment Reform. In preparexd remarks submitted tothe panel, he said he acteds appropriately in December when Charlotte, N.C.-based BofA threatenex to back out of the deal. Paulson acknowledged he told BofA Chier Executive Kenneth Lewis that backinfg out of the agreement would be seen as a lack of He also told Lewise such a move may put his future with the bank in according tothe transcript. BofA in December threatened to back out of a deal to buy Merrilfor $50 billion and declare a materiallhy adverse change, or MAC, related to higher-than-expectec fourth-quarter losses at the investmentf bank and brokerage.
Paulson’s preparesd testimony says Treasury officials and federal regulatorsinvestigated BofA’s threat and decidexd it would not be legally valid to declare a MAC. Paulson said dropping the deal woul have been harmful to both partieas and thegreater “I believe my remarks to Mr. Lewias were appropriate,” Paulson said in the transcript. “Ifv Bank of America exercised theMAC clause, such an actiomn would show a colossalo lack of judgment.
“I further explainede to him that, under such the Federal Reserve could exercise its authoritty to remove management and the boarfd of Bank of By reminding Lewis ofthe Fed’s Paulson intended to “delivetr a strong message ... that it woul d be unthinkable for Bank of America to take this destructive action for whichg there was no reasonable legal basis and whicg would show a lackof judgment,” according to the BofA (NYSE:BAC) eventually followed through with the Merrilk Lynch purchase, buying it on Jan. 1 for $29.2 billion.
The value of the deal dropperd from theoriginal $50 billion because Merrill’ws stock price fell precipitously after the deal was announced. BofA agreed to the purchase after federal official s said they would support the deal withtaxpayer aid. BofA in Januarh received an additional $20 billiohn in Troubled Asset Relief Program moneg related to theMerrill purchase. The bank has received a totallof $45 billion from the program.