Wednesday, 25 January 2012

PSU's O'Brien: An 'honor' to follow Paterno (AP)

STATE COLLEGE, Pa. ? Bill O'Brien says it's an honor to follow the late Joe Paterno as Penn State's next head coach.

In an interview Monday, O'Brien says he will create his own identity and that no one will ever replace Paterno, who won 409 games and two national championships.

Paterno died Sunday at age 85 just 65 days after his son Scott said his father had been diagnosed with lung cancer.

O'Brien says he never got to speak with Paterno in person following his hiring Jan. 7.

The two did talk by phone soon after O'Brien arrived. O'Brien says he wanted Paterno to know he would work hard to preserve the traditions of winning and academics in the new Penn State regime.

Source: http://us.rd.yahoo.com/dailynews/rss/sports/*http%3A//news.yahoo.com/s/ap/20120123/ap_on_sp_co_ne/fbc_penn_state_o_brien

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Tuesday, 24 January 2012

NFC Championship quiz: Are you a real 49er fan?

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Asher Elias uses high-tech training to lift Ethiopian Jews in Israel

In Israel, most Ethiopian Jews are trapped at the bottom of society in dead-end jobs. Asher Elias gives them high-tech training to boost their upward mobility.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/VJYCfWhK0xo/NFC-Championship-quiz-Are-you-a-real-49er-fan

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Monday, 23 January 2012

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Source: http://feeds.gawker.com/~r/gizmodo/full/~3/9MTn2sTIIzU/how-to-make-cheap-whiskey-taste-like-fancy-whiskey

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Amid scandal, revered PSU coach Joe Paterno dies (AP)

STATE COLLEGE, Pa. ? Happy Valley was perfect for Joe Paterno, a place where "JoePa" knew best, where he not only won more football games than any other major college coach, but won them the right way: with integrity and sportsmanship. A place where character came first, championships second.

Behind it all, however, was an ugly secret that ran counter to everything the revered coach stood for.

Paterno, a sainted figure at Penn State for almost half a century but scarred forever by the child sex abuse scandal that led to his stunning dismissal, died Sunday at age 85.

His death came just 65 days after his son Scott said his father had been diagnosed with a treatable form of lung cancer. The cancer was found during a follow-up visit for a bronchial illness. A few weeks later, Paterno broke his pelvis after a fall but did not need surgery.

Mount Nittany Medical Center said in a statement that Paterno died at 9:25 a.m. of "metastatic small cell carcinoma of the lung." Metastatic indicates an illness that has spread from one part of the body to an unrelated area.

The hospital says Paterno was surrounded by family members, who have requested privacy.

Paterno had been in the hospital since Jan. 13 for observation after what his family called minor complications from his cancer treatments. Not long before that, he conducted his only interview since losing his job, with The Washington Post. Paterno was described as frail then, speaking mostly in a whisper and wearing a wig. The second half of the two-day interview was conducted at his bedside.

His family released a statement Sunday morning to announce his death: "His loss leaves a void in our lives that will never be filled."

"He died as he lived," the statement said. "He fought hard until the end, stayed positive, thought only of others and constantly reminded everyone of how blessed his life had been. His ambitions were far reaching, but he never believed he had to leave this Happy Valley to achieve them. He was a man devoted to his family, his university, his players and his community."

Paterno's death just under three months following his last victory called to mind another coaching great, Alabama's Paul "Bear" Bryant, who died less than a month after retiring.

"Quit coaching?" Bryant said late in his career. "I'd croak in a week."

Paterno alluded to the remark made by his friend and rival, saying in 2003: "There isn't anything in my life anymore except my family and my football. I think about it all the time."

Two police officers were stationed to block traffic on the street where Paterno's modest ranch home stands next to a local park. The officers said the family had asked there be no public gathering outside the house, still decorated with a Christmas wreath, so Paterno's relatives could grieve privately. And, indeed, the street was quiet on a cold winter day.

Paterno's sons, Scott and Jay, arrived separately at the house late Sunday morning. Jay Paterno, who served as his father's quarterbacks coach, was crying.

Paterno built a program based on the credo of "Success with Honor," and he found both. The man known as "JoePa" won 409 games and took the Nittany Lions to 37 bowl games and two national championships. More than 250 of the players he coached went on to the NFL.

"He will go down as the greatest football coach in the history of the game," Ohio State coach Urban Meyer said after his former team, the Florida Gators, beat Penn State 37-24 in the 2011 Outback Bowl.

Paterno roamed the sidelines for 46 seasons, his thick-rimmed glasses, windbreaker and jet-black sneakers as familiar as the Nittany Lions' blue and white uniforms.

The reputation he built looked even more impressive because he insisted that on-field success not come at the expense of high graduation rates.

But in the middle of his 46th season, the legend was shattered. Paterno was engulfed in a child sex abuse scandal when a former trusted assistant, Jerry Sandusky, was accused of molesting 10 boys over a 15-year span, sometimes in the football building.

Outrage built quickly when the state's top cop said the coach hadn't fulfilled a moral obligation to go to the authorities when a graduate assistant, Mike McQueary, told Paterno he saw Sandusky with a young boy in the showers of the football complex in 2002.

At a preliminary hearing for the school officials, McQueary testified that he had seen Sandusky attacking the child with his hands around the boy's waist but said he wasn't 100 percent sure it was intercourse. McQueary described Paterno as shocked and saddened and said the coach told him he had "done the right thing" by reporting the encounter.

Paterno waited a day before alerting school officials and never went to the police.

"I didn't know which way to go ... and rather than get in there and make a mistake," Paterno said in the Post interview.

"You know, (McQueary) didn't want to get specific," Paterno said. "And to be frank with you I don't know that it would have done any good, because I never heard of, of, rape and a man. So I just did what I thought was best. I talked to people that I thought would be, if there was a problem, that would be following up on it."

When the scandal erupted in November, Paterno said he would retire following the 2011 season. He also said he was "absolutely devastated" by the abuse case.

"This is a tragedy," he said. "It is one of the great sorrows of my life. With the benefit of hindsight, I wish I had done more."

But the university trustees fired Paterno, effective immediately. Graham Spanier, one of the longest-serving university presidents in the nation, also was fired.

Paterno was notified by phone, not in person, a decision that board vice chairman John Surma regretted, trustees said. Lanny Davis, the attorney retained by trustees as an adviser, said Surma intended to extend his regrets over the phone before Paterno hung up him.

After weeks of escalating criticism by some former players and alumni about a lack of transparency trustees last week said they fired Paterno in part because he failed a moral obligation to do more in reporting the 2002 allegation.

An attorney for Paterno on Thursday called the board's comments self-serving and unsupported by the facts. Paterno fully reported what he knew to the people responsible for campus investigations, lawyer Wick Sollers said.

"He did what he thought was right with the information he had at the time," Sollers said.

The university handed the football team to one of Paterno's assistants, Tom Bradley, who said Paterno "will go down in history as one of the greatest men, who maybe most of you know as a great football coach."

"As the last 61 years have shown, Joe made an incredible impact," said the statement from the family. "That impact has been felt and appreciated by our family in the form of thousands of letters and well wishes along with countless acts of kindness from people whose lives he touched. It is evident also in the thousands of successful student athletes who have gone on to multiply that impact as they spread out across the country."

New Penn State football coach Bill O'Brien, hired earlier this month, offered his condolences.

"The Penn State Football program is one of college football's iconic programs because it was led by an icon in the coaching profession in Joe Paterno," O'Brien said in a statement. "There are no words to express my respect for him as a man and as a coach. To be following in his footsteps at Penn State is an honor. Our families, our football program, our university and all of college football have suffered a great loss, and we will be eternally grateful for Coach Paterno's immeasurable contributions."

Paterno believed success was not measured entirely on the field. From his idealistic early days, he had implemented what he called a "grand experiment" ? to graduate more players while maintaining success on the field.

"He maintained a high standard in a very difficult profession. Joe preached toughness, hard work and clean competition," Sandusky said in a statement. "Most importantly, he had the courage to practice what he preached."

Paterno was a frequent speaker on ethics in sports, a conscience for a world often infiltrated by scandal.

The team consistently ranked among the best in the Big Ten for graduating players. As of 2011, it had 49 academic All-Americans, the third-highest among schools in the Football Bowl Subdivision. All but two played under Paterno.

"He teaches us about really just growing up and being a man," former linebacker Paul Posluszny, now with the NFL's Jacksonville Jaguars, once said. "Besides the football, he's preparing us to be good men in life."

Paterno certainly had detractors. One former Penn State professor called his high-minded words on academics a farce, and a former administrator said players often got special treatment. His coaching style often was considered too conservative. Some thought he held on to his job too long, and a move to push him out in 2004 failed.

But the critics were in the minority, and his program was never cited for major NCAA violations. The child sex abuse scandal, however, did prompt separate inquiries by the U.S. Department of Education and the NCAA into the school's handling.

Paterno played quarterback and defensive back for Brown University and set a defensive record with 14 career interceptions, a distinction he still boasted about to his teams in his 80s. He graduated in 1950 with plans to go to law school. He said his father hoped he would someday be president.

But when Paterno was 23, a former coach at Brown was moving to Penn State to become the head coach and persuaded Paterno to come with him as an assistant.

"I had no intention to coach when I got out of Brown," Paterno said in 2007 in an interview at Penn State's Beaver Stadium before being inducted into college football's Hall of Fame. "Come to this hick town? From Brooklyn?"

In 1963, he was offered a job by the late Al Davis ? $18,000, triple his salary at Penn State, plus a car to become general manager and coach of the AFL's Oakland Raiders. He said no. Rip Engle retired as Penn State head coach three years later, and Paterno took over.

At the time, Penn State was considered "Eastern football" ? inferior ? and Paterno courted newspaper coverage to raise the team's profile. In 1967, PSU began a 30-0-1 streak.

But Penn State couldn't get to the top of the polls. The Nittany Lions finished second in 1968 and 1969 despite perfect seasons. They were undefeated and untied again in 1973 at 12-0 again but finished fifth. Texas edged them in 1969 after President Richard Nixon, impressed with the Longhorns' bowl performance, declared them No. 1.

"I'd like to know," Paterno said later, "how could the president know so little about Watergate in 1973, and so much about college football in 1969?"

A national title finally came in 1982, after a 27-23 win over Georgia at the Sugar Bowl. Another followed in 1986 after the Lions intercepted Vinny Testaverde five times and beat Miami 14-10 in the Fiesta Bowl.

They made several title runs after that, including a 2005 run to the Orange Bowl and an 11-1 season in 2008 that ended in a 37-23 loss to Southern California in the Rose Bowl.

In his later years, physical ailments wore the old coach down.

Paterno was run over on the sideline during a game at Wisconsin in November 2006 and underwent knee surgery. He hurt his hip in 2008 demonstrating an onside kick. An intestinal illness and a bad reaction to antibiotics prescribed for dental work slowed him for most of the 2010 season. He began scaling back his speaking engagements that year, ending his summer caravan of speeches to alumni across the state.

Then a receiver bowled over Paterno at practice in August, sending him to the hospital with shoulder and pelvis injuries and consigning him to coach much of what would be his last season from the press box.

"The fact that we've won a lot of games is that the good Lord kept me healthy, not because I'm better than anybody else," Paterno said two days before he won his 409th game and passed Eddie Robinson of Grambling State for the most in Division I. "It's because I've been around a lot longer than anybody else."

Paterno could be conservative on the field, especially in big games, relying on the tried-and-true formula of defense, the running game and field position.

He and his wife, Sue, raised five children in State College. Anybody could telephone him at his home ? the same one he appeared in front of on the night he was fired ? by looking up "Paterno, Joseph V." in the phone book.

He walked to home games and was greeted and wished good luck by fans on the street. Former players paraded through his living room for the chance to say hello. But for the most part, he stayed out of the spotlight.

Paterno did have a knack for jokes. He referred to Twitter, the social media site, as "Twittle-do, Twittle-dee."

He also could be abrasive and stubborn, and he had his share of run-ins with his bosses or administrators. And as his legend grew, so did the attention to his on-field decisions, and the questions about when he would hang it up.

Calls for his retirement reached a crescendo in 2004. The next year, Penn State went 11-1 and won the Big Ten. In the Orange Bowl, PSU beat Florida State, whose coach, Bobby Bowden, was eased out after the 2009 season after 34 years and 389 wins.

Like many others, he was outlasted by "JoePa."

Source: http://us.rd.yahoo.com/dailynews/rss/sports/*http%3A//news.yahoo.com/s/ap/20120122/ap_on_sp_co_ne/fbc_obit_joe_paterno

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Sunday, 22 January 2012

AP Exclusive: US talks to Afghan insurgent group (AP)

ISLAMABAD ? Anxious to accelerate peace moves, top-level U.S. officials have held talks with a representative of an insurgent movement led by a former Afghan prime minister who has been branded a terrorist by Washington, a relative of the rebel leader says.

Dr. Ghairat Baheer, a representative and son-in-law of longtime Afghan warlord Gulbuddin Hekmatyar (Gul-bu-DEEN HEK-mah-tyar), told The Associated Press this week that he had met separately with David Petraeus, former commander of NATO forces in Afghanistan who is now CIA director, and had face-to-face discussions earlier this month with U.S. Ambassador Ryan Crocker and U.S. Marine Gen. John Allen, currently the top commander in the country.

Baheer, who was released in 2008 after six years in U.S. detention at Bagram Air Field in Afghanistan, described his talks with U.S. officials as nascent and exploratory. Yet, Baheer says the discussions show that the U.S. knows that in addition to getting the blessing of Taliban chief Mullah Mohammad Omar ? a bitter rival of Hekmatyar even though both are fighting international troops ? any peace deal would have to be supported by Hekmatyar, who has thousands of fighters and followers primarily in the north and east.

Hizb-i-Islami, which means Islamic party, has had ties to al-Qaida but in 2010 floated a 15-point peace plan during informal meetings with the Afghan government in Kabul. At the time, however, U.S. officials refused to see the party's delegation.

"Hizb-i-Islami is a reality that no one can ignore," Baheer said during an interview last week at his spacious home in a posh suburb of Pakistan's capital, Islamabad. "For a while, the United States and the Kabul government tried not to give so much importance to Hizb-i-Islami, but now they have come to the conclusion that they cannot make it without Hizb-i-Islami."

In Washington, National Security Council spokeswoman Caitlin Hayden would not confirm that such meetings took place but said the U.S. was maintaining "a range of contacts in support of an Afghan-led reconciliation process."

A U.S. official, speaking on condition of anonymity to discuss the high-level meetings, said Petraeus last met with Baheer in July 2011 when he was still commanding NATO forces in Afghanistan. Petraeus took over as CIA director in September.

On Saturday, Afghan President Hamid Karzai said he also had met recently with Hizb-i-Islami representatives. Baheer said he attended those meetings but added that the party considers the Afghan government corrupt and lacking legitimacy.

Karzai's announcement appeared intended to bolster his position as the key player in the search for peace. The U.S. repeatedly has said that formal negotiations must be Afghan-led, but Karzai has complained that his government has not been directly involved in recent preliminary talks with Taliban representatives and plans for setting up a Taliban political office in the Gulf state of Qatar.

Baheer said his meeting with Petraeus, whom he described as a "very humble, polite person," was marked by a few rounds of verbal sparring with each boasting a battlefield strength that the other dismissed as exaggerated.

"There was a psychological war in these first meetings," he said.

Baheer said Crocker and Allen tried to persuade Hizb-i-Islami to become part of Afghanistan's political network, accept the Afghan security forces and embrace the nation's current constitution. He said Hizb-i-Islami was ready to accept the security forces and the constitution, but wants a multiparty commission established to review and revise the charter.

"We are willing to make compromises," said Baheer. "We already have said we will accept the Afghan army and the police."

He said Hizb-i-Islami envisioned a multiparty government in postwar Afghanistan. At the same time, the group wants all U.S. and NATO forces, including military trainers, to leave Afghanistan, he said.

"The presence of any foreign forces will be not acceptable to us under any cover," he said. "Daily, there is another American killing of civilians. The longer they stay, the more they are hated by the Afghan people."

Overtures to Hekmatyar's group show not only the degree of U.S. interest in pursuing a settlement but also the complexity of putting together an agreement acceptable to all sides in factious Afghanistan. The U.S. formally declared Hekmatyar a "global terrorist" in 2003 because of alleged links to al-Qaida and froze all assets which he may have in the United States.

Hekmatyar, who is in his mid-60s, was among the major recipients of U.S. aid during the Afghan war against the Soviets in the 1980s. He and other anti-Soviet commanders swept into Kabul in 1992 and ousted the pro-Soviet government, only to turn against one another in a bitter and bloody power struggle that destroyed vast sections of the Afghan capital and killed an estimated 50,000 civilians before the Taliban seized the city.

A bitter rival of Mullah Omar, Hekmatyar fled to Iran and remained there until the Taliban were ousted in the 2001 U.S.-led invasion. He declared war on foreign troops in his country and rebuilt his military forces, which by 2008 had become a major threat to the U.S.-led coalition.

Contacts with Hekmatyar's group as well as parallel efforts to negotiate with the Taliban have taken on new urgency following the NATO decision to withdraw foreign combat forces, transfer security responsibility to the Afghans by the end of 2014 and bring an end to the unpopular war, which is increasingly seen as a drain on the financially strapped Western countries that provide most of the troops.

On Sunday, the U.S. special envoy to Afghanistan and Pakistan, Marc Grossman, completed two days of meetings about the peace process with Karzai and other Afghan officials. Grossman, who was to travel to Qatar on Monday, urged the Taliban to issue a "clear statement" against international terrorism and affirm their commitment to the peace process "to end the armed conflict in Afghanistan."

U.S. officials also have reached out to the Pakistan-based Haqqani militant network to test its interest in peace talks. Haqqani fighters, the second largest insurgent group after the Taliban, have been blamed for most of the high-profile attacks in the heart of the Afghan capital.

___

Kathy Gannon is AP special regional correspondent covering Pakistan and Afghanistan. She can be reached at http://www.twitter.com/kathygannon

___

Associated Press writers Deb Riechmann in Kabul and Kimberly Dozier and Anne Gearan in Washington contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20120122/ap_on_re_as/as_afghan_talks

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Investing Basics ? What Are Your Investment Targets ? ArticlePodcat ...

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Source: http://www.articlepodcat.com/2012/01/21/investing-basics-what-are-your-investment-targets/

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Saturday, 21 January 2012

IBM 4Q earnings beat estimates, revenue falls shy (AP)

SAN FRANCISCO ? IBM Corp.'s fourth-quarter earnings handily beat Wall Street's expectations on Thursday, helped by higher revenue and profit margins in the technology icon's lucrative software and services segments.

The results and IBM's stronger-than-expected outlook for this year sent IBM's stock up more than 2 percent after hours. The company offered a welcome sign of stability amid the global economic turmoil that's prompting worries about a slowdown in technology spending by businesses and governments, who are IBM's customers.

One sore spot was revenue, which fell short of analyst expectations; the rise in software and services revenue wasn't enough to offset a decline in hardware. Also, the stronger dollar is squeezing overseas revenue.

IBM earned $5.49 billion, or $4.62 per share, in the three months that ended Dec. 31. That's up 4 percent from $5.26 billion, or $4.25 per share, a year earlier. Adjusted earnings were $4.71 per share, easily surpassing analysts' expectations of $4.61 per share.

Revenue grew 2 percent to $29.49 billion from $29.02 billion. Analysts polled by FactSet had expected slightly higher revenue of $29.7 billion.

IBM said currency shifts since its last quarterly report in October lowered fourth-quarter revenue by about $300 million. The deepening economic crisis in Europe, along with the continuing weakness in the U.S. economy and signs of a slowdown in emerging markets are prompting worries about global companies like IBM.

But IBM has long said its long-term contracts insulate it from economic swings, and its full-year forecast is bright. IBM expects adjusted earnings of at least $14.85 per share, above the $14.77 per share that analysts are predicting.

New CEO Ginni Rometty said IBM is "well on track" toward its long-term goal of hitting at least $20 per share in adjusted earnings in 2015 ? a rare example of a long-term earnings target disclosed publicly by a such a large company.

Revenue rose at two of IBM's three largest divisions ? software by 9 percent and services by 3 percent. Hardware revenue fell 8 percent. In the third quarter, IBM's services revenue grew 8 percent, its software revenue climbed 13 percent and its hardware revenue rose 4 percent.

By geography, IBM said revenue from the Americas grew 3 percent in the fourth quarter. Revenue from Europe, the Middle East and Africa combined was up 1 percent and revenue from Asia increased 2 percent.

IBM said its new contract signings were $20.4 billion in the fourth quarter, slightly above analysts' expectations. The company's services backlog at the end of the year was $141 billion, up by $4 billion from the end of the third quarter. Services backlog refers measures the value of work under contract that the company expects to book as revenue in future quarters.

For all of 2011, IBM earned $15.86 billion, or $13.06 per share, up 7 percent from $14.83 billion, or 11.52 per share, a year earlier. Adjusted earnings were $13.44 per share, above analysts' expectations of $13.36 per share.

Revenue was $106.92 billion, up 7 percent from $99.87 billion in 2010. Wall Street was expecting $107.08 billion.

The Armonk, N.Y.-based company's stock rose $4.53, or 2.5 percent, to $185.05 after hours. The stock had closed down 55 cents at $180.52.

Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http%3A//news.yahoo.com/s/ap/20120120/ap_on_hi_te/us_earns_ibm

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