Word: collectibility
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Many people living in tent cities like Taco Flats, in Fresno, Calif., collect cans and bottles they trade for cash. For warmth, they burn donated firewood. Not far from a woman openly smoking crack, an elderly woman sweeps the floor of her plywood shanty. For now, the city is picking up residents' trash but says it will relocate the tent dwellers this summer...
...SIPA trustee's job, not unlike a Chapter 7 trustee, is to recover property, assess claims and liquidate any other assets of a bankrupt firm for the benefit of the estate and its creditors. Consequently, Picard is using his authority to collect from customers who received preferences, non-existent principal, and/or payouts of fictitious profits to the detriment of other defrauded customers whose money was consumed by Madoff's global Ponzi scheme...
...hours later, Demauro had grown tired of the slots. She ventured into the poker room to collect her friend, who was losing money. He offered to show her how to play craps. Of the 14 available craps tables, they sidled up to the nearest one and waited for the three other players to finish rolling. Capra shot next, but sevened out quickly. Then, he handed Demauro the dice...
...Inmates sometimes use cell phones to keep in touch with friends and family on the outside - collect calls made from inside prison facilities are notoriously expensive. But officials say inevitably cell phones are also being used to orchestrate crimes, harass witnesses, organize retaliation against other inmates and even order hits. A Baltimore man is accused of using a cell phone from prison to order an accomplice to murder a witness. (In March, the accused man's cell was raided and guards found another phone...
...conflict in Sri Lanka has long provided lessons for militant groups around the world. The Tamil Tigers taught terrorists everywhere the finer (or more savage) points of suicide bombing, the recruitment of child soldiers, arms trafficking, propaganda and the use of a global diaspora to collect resources. The Tigers "were the pioneers in many of the terrorist tactics we see worldwide today," says Jason Campbell, an Iraq and Afghanistan analyst at the Brookings Institution. (Read a story about the life and death of Tamil Tiger leader Velupillai Prabhakaran...