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...assertions made in a new legal filing suggest that this impasse could have been avoided if U.S. investigators had taken up an offer by the UBS whistleblower, Bradley Birkenfeld, to help roll up the entire secretive UBS operation, by providing the cell phone numbers of fellow bankers and even offering to wear a wire to gather incriminating evidence in Switzerland...
...Such fees may help discourage gambling addicts from throwing their salaries away. But they are also likely to be a hurdle in building up the number of local gamblers and will likely force casino operators to depend more on foreign "high-rollers" to turn a profit. That strategy has its risks, analysts say. Noel-Johnson, for instance, points out that 72% of visitors to Genting's resort in the Malaysian highlands are local "day-trippers," and more than half the visitors to Macau's casinos are gamblers from Hong Kong and Guangdong province who bet with limited cash...
...While the resorts may initially struggle to recoup their costs, Singapore, nevertheless, is likely to see the benefit sooner. Casinos will likely help create tens of thousands of new jobs for Singaporeans, as well as entice tourists from across Asia. "The Singapore government sees the casinos as a means to an end," explains Credit Suisse's Chan. "They want visitors to come to Singapore and spend money on entertainment and hotels and shopping, not purely on gambling." Citigroup expects the casinos to help push up visitor arrivals to 12.8 million by the end of 2011, roughly a third higher than...
...Hohenlohe also points out that additional athletic exposure can only help Mexico. "I've also created a lot of publicity in European countries for Mexico," he says. "When people are sitting in their houses in Sweden, thinking how cold it is, they think, 'Wow, this guy is from Mexico. Maybe I should go to Cancun or Acapulco to visit it.' I've done a lot for the country too. It's give and take...
...homeless, according to the Federal Government. Peggy, 58, who lives in a small RV on a quiet Hollywood side street, says, "If I had known how hard it is to be homeless and how hard it is to escape, I would have called all my friends to ask for help. But I was embarrassed." She was laid off from her telemarketing job in January 2009. "It was the same day that 76,000 people were laid off. I did not feel alone. I liked my job. It was within walking distance of my apartment." Her mother gave her the nearly...