Keyword: chase
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A Minneapolis K9 died after falling off the roof of a three-story building, during a possible burglary call. Police say officers were called to the 200-block of Hennepin Avenue South for a suspected burglary in progress, just after 7 a.m. Monday. The K9, named Chase, was called in to assist after police found evidence that the suspect was possibly still in the building. Chase and his handler, Officer Eric Lukes, were searching the roof when the dog fell and sustained grave injuries. "While Chase was running over to the edge, he leapt over the side of the wall and fell...
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JPMorgans profit beat expectations in the third quarter, with investment banking operations posting strong gains, the company said Wednesday. But the company warned that credit costs remained high. The bank earned 82 cents a share in the third quarter, up from 9 cents a share in the same quarter a year ago. That was much higher than the 52 cents a share analysts surveyed by Thomson predicted. JP Morgan shares rose more than 3 percent in pre-market trading. Tier 1 common capital at JPMorgan [JPM 45.66 -0.42 (-0.91%) ] was also strengthened through capital generation during the quarter, up 8.2...
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J.P. Morgan Chase & Co. said third-quarter earnings soared, beating analysts' expectations, as the banking giant was carried again by strong investment-banking results. They more than offset by continued increases in credit costs, which Chairman and Chief Executive Jamie Dimon said will remain elevated "for the foreseeable future" in its consumer and credit-card operations. Jamie Dimon .Shares rose 3.3% premarket to $47.15. J.P. Morgan, the first of the major banks to report results, said it saw broad earnings growth across commercial and retail banking as well during the quarter. Overall, banks are expected to post falling earnings in the most...
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Corporations that have given ACORN millions of dollars over the years are now cancelling their donations in the wake of videotape revelations of employees of the infamous community organizing giving advice on mortgage fraud, tax evasion, prostitution, and child sex slavery. Bank of America is reviewing its grant program, while Citigroup is waiting for the results of on-going investigations. JP Morgan Chase had previously ended its relationship with ACORN. Bank of America donated 28 grants totaling almost $3 million to ACORN Housing Corporation (AHC), since 2005, financial records show. A company spokesman said the activity exposed on videotape prompted the...
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JP Morgan Chase has been challenged to sever its financial support for ACORN. As more video tapes are released of ACORN workers discussing illicit financial schemes, the bank has been called out for funding activities in violation of its own polices. Peter Flaherty, president of the National Legal and Policy Center (NLPC), in a letter addressed to JP Morgan Chase CEO Jamie Dimon, warns that continued support could jeopardize the institutions credibility. Continued identification with ACORN harms the companys brand name and reputation, and carries special risks for this company, a recipient of taxpayer TARP funds, he wrote. The New...
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This bill passed in 1999. Essentially the bill broke down the proverbial wall between a commercial bank and an investment bank. As such, there was no longer a separation. The example I use is that Merrill Lynch and Paine Webber were now able to provide checking accounts. Even today, Etrade has checking accounts. This is the mundane and reasonable part of the bill. The more sophisticated part was that bank could get into investing. Banks could get into loan securitization. All sorts of financial business could be done by the exact same institution. This lead to the second dynamic.
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That's the supposition from this WAPO article. Today, the biggest of those banks are even bigger. The crisis may be turning out very well for many of the behemoths that dominate U.S. finance. A series of federally arranged mergers safely landed troubled banks on the decks of more stable firms. And it allowed the survivors to emerge from the turmoil with strengthened market positions, giving them even greater control over consumer lending and more potential to profit.
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A new order is emerging on Wall Street after the worst crisis since the Great Depression one in which just a couple of victors are starting to tower over the handful of financial titans that used to dominate the industry. On Thursday, JPMorgan Chase became the latest big bank to announce stellar second-quarter earnings. Its $2.7 billion profit, after record gains for Goldman Sachs, underscores how the governments effort to halt a collapse has also set the stage for a narrowing concentration of financial power. One theme here is that Goldman Sachs and JPMorgan really have emerged as the...
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A drunk German sparked a slow-speed police chase after stealing a tractor to get home from a nightclub after his girlfriend left without him, said police, who used pepper spray to try to stop the vehicle. "After his girlfriend abandoned him in a night club, the 23-year-old driver, who doesn't own a license, commandeered the vehicle to make his way home," a police spokesman said on Monday. Six police cars began trailing the tractor, which was chugging along at 20 km (12 miles) an hour, after they were alerted to the theft at about 5 a.m. Saturday. Officers tried holding...
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A funny thing happened at the bank on Wednesday (June 8th). CHASE bank in Newberg Oregon refused to honor two corporate checks totaling over 6 thousand dollars. Despite the fact that the funds were available from the account holder in question, CHASE refused to honor the checks and cash them. Upon demanding that Chase honor the checks written on its bank, I was told that if I wanted the funds, that I would have to open a business account with them in which case they would hold the checks until they cleared the account they were written on, in the...
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snip My monthly payment from my four accounts will go from $961.00 a month to $2394.00 a month. Needless to say I will not be able to make these payments and will end up defaulting on my accounts and probably claim bankruptcy.
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NEW YORK (Reuters) - Washington Mutual Inc, the failed U.S. savings and loan, has sued the Federal Deposit Insurance Corp for well over $13 billion in connection with the loss of its banking operations, which was acquired by JPMorgan Chase & Co. In a complaint filed with the U.S. District Court for the District of Columbia, the thrift's former parent accused the FDIC of having on January 23 made a "cryptic disallowance" of its claims, prompting the lawsuit. It also accused the FDIC of agreeing to an unreasonably low price in arranging the a $1.9 billion sale of the banking...
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The chase came to a quick end when the suspect made a wrong turn into the parking lot of the Southfield Civic Center where the Southfield police department is located. Police say the man even used a Sharpie marker to draw a mustache and beard on his face to help disguise himself from investigators.
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A Fresno Police officer was seriously injured in a hit and run incident while on his motorcycle Tuesday morning.
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LOS ANGELES The driver of a white Bentley who led police on a three-hour slow speed chase on Los Angeles freeways has stopped on a street in Universal City north of Hollywood, but has yet to surrender to authorities. California Highway Patrol and police officers with guns drawn are surrounding the car, which has its trunk open. Los Angeles police Officer Karen Smith says the chase began shortly before 8 p.m. Monday on Lankershim Boulevard in North Hollywood before the car pulled over on the same street more than three hours later. Smith says the driver is wanted for...
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Chase Protected themselves from Madoff, but not their investors 01/30/2009 International Herald Tribune David Rockefeller and Co., as usual, protect themselves but leave everyone else hanging out to dry. A close examination of the bank's activities shows that it had hitched itself to Madoff's future returns as early as 2006 but the bank sudden Make a Comment Send Letter to Editor Reported by Jet Lacey
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NEW YORK (Reuters) Citigroup Inc (C.N), JPMorgan Chase & Co (JPM.N) and Capital One Financial Corp (COF.N) are among the final bidders for Chevy Chase Bank, a Bethesda, Maryland, lender, sources familiar with the matter said. Other banks that looked at Chevy Chase include SunTrust Banks Inc (STI.N) and BB&T Corp (BBT.N), one source said. Chevy Chase has $11.4 billion of deposits and 292 branches, according to the Federal Deposit Insurance Corp website. "The key thing with that bank is that the asset side is not very attractive, but the deposit side is incredibly valuable because it is in...
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JPMorgan Chase acquired the banking operations of Washington Mutual Bank in a transaction facilitated by the Federal Deposit Insurance Corporation. All depositors are fully protected and there will be no cost to the Deposit Insurance Fund. "For all depositors and other customers of Washington Mutual Bank, this is simply a combination of two banks," said FDIC Chairman Sheila C. Bair. "For bank customers, it will be a seamless transition. There will be no interruption in services and bank customers should expect business as usual come Friday morning." JPMorgan Chase acquired the assets, assumed the qualified financial contracts and made a...
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Washington Mutuals (WM) new chief, Alan Fishman, could be looking at the briefest executive tenure in recent memory. The American Banker reported Friday that the struggling Seattle-based thrift is in advanced discussions to sell itself to JPMorgan Chase (JPM). The publication, citing sources, said the talks are ongoing at the highest levels of both companies. WaMu didnt comment.
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J.P. Morgan Chase Co. was in talks on Sunday night for a deal that would quintuple its offer for Bear Stearns Companies Inc., in an effort to pacify angry Bear shareholders... The sweetened offer is intended to win over stockholders who vowed to fight the original fire-sale deal, struck only a week ago at the behest of the Federal Reserve and Treasury Department... Morgan was also in negotiations with the Fed on Sunday night to assume the first $1 billion in losses on Bear assets before the Fed's $30 billion cushion kicks in... Under the new purchase terms being discussed,...
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TOLEDO, Iowa An Illinois man was arrested after police chased a stolen delivery van loaded with doughnuts across two Iowa counties at speeds of up to 100 mph. The van, owned by Donut Delite, of Moline, Ill., was stolen early Thursday while the driver was making deliveries at a hospital in nearby Rock Island. More than 100 miles later in Iowa, a Benton County sheriff's deputy spotted the van about 9:30 a.m. and the chase began. Other officers joined in, and the chase stretched into Tama County. Authorities finally cornered the van in Toledo and arrested the driver,...
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In a dramatic move Friday, J.P. Morgan Chase & Co. and the Federal Reserve Bank of New York stepped in with emergency funds to keep beleaguered investment bank Bear Stearns Cos. afloat. The move, during a week of worry about whether Bear could continue to meet its obligations, took the credit crisis to a new, more serious stage and was a reminder of how quickly an erosion of confidence can undermine even leading financial institutions. The involvement of the Fed -- coordinating with the Treasury Department and the Securities and Exchange Commission -- made clear authorities were concerned about the...
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Two convicted murderers who escaped from the Daggett County Jail a week ago were apprehended in southwestern Wyoming Saturday night but not before one of them was shot in the abdomen, the U.S. Marshal's Office reported. Danny Martin Gallegos, 49, was shot after the Wyoming Highway Patrol spiked the tires of a reportedly stolen vehicle he and Juan Diaz-Arevalo, 27, were riding in on I-80 between Rock Springs and Green River, said Sweetwater sheriff's detective Dick Blust. The pair were armed when they got out of the vehicle, he said. "There was gunfire, Gallegos was shot," Blust said. At midnight,...
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FREE REPUBLIC NASCAR THREADThe Chase for the NEXTEL CUPbegins with the Sylvania 300 Welcome all to the Nextel Cup race atNew Hampshire International Speedway. (Click on the Pics, Graphics, & Links for related news & info.) The field for the Chase is set. Here are the top 12 drivers, # wins, reset points: 1) Jimmie Johnson, 6, 5,0602) Jeff Gordon, 4, 5,0403) Tony Stewart, 3, 5,030 4) Carl Edwards, 2, 5,0205) Kurt Busch, 2, 5,0206) Denny Hamlin, 1, 5,010 7) Martin Truex Jr., 1, 5,0108) Matt Kenseth, 1, 5,0109) Kyle Busch, 1, 5,010 10) Jeff Burton, 1, 5,01011) Kevin...
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WELCOMEFREE REPUBLIC NASCAR RACING LEAGUE CHEVY ROCK & ROLL 400 Saturday Night ~ September 8, 2007 ON ABC ~ 7PM ET RICHMOND INTERNATIONAL RACEWAY - RICHMOND VIRGINIA ELVIS WILL RIDE WITH JR NEXTEL CUP EVENT SCHEDULE for this week. No truck race this weekend. This is a COT race and impound. ~THE TROPHY~ >
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DALLAS A man who said he was rushing his sick cat to the veterinarian led police on a high-speed chase through Dallas and neighboring suburbs that lasted for more than an hour Monday afternoon.
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THIS plucky pensioner led police on a low-speed chase around Middlesbrough [UK] - and then gave officers the slip. The lukewarm pursuit started after he caused traffic chaos by crawling down the fast lane of a busy dual carriageway.Police asked the stubborn senior citizen to pull over. But he defiantly cranked his battery-powered mobility scooter up to its top speed - 8mph - and somehow managed to escape their attention. Engineer, Ian Hardy, from Darlington said he couldn’t believe his eyes as he watched the chase unfold on the A1032 Newport Bridge Approach Road on Monday afternoon. “It was just...
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Authorities in Stearns County attempting to stop a motorcyclist for a traffic violation on Tuesday nabbed their suspect after he led them on a chase at speeds of more than 100 miles per hour, Stearns County Sheriff John Sanner said. A sheriff's deputy attempted to stop David James Fiedler, 45, or Rice, Minn., at 9:51 p.m. in the town of St. Stephen. Fiedler signaled to indicate he was going to pull over. After nearly coming to a stop, Fiedler sped away on County Rd. 2 at speeds reaching 100 mph., Sanner said. Fielder ran two stop signs at 80 mph...
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News Releases May 15, 2007ICE uncovers metropolitan area credit card fraud schemeTwo arrested for allegedly embezzling $6 million from major banks including Bank of America, Citigroup, Wachovia NEWARK, N.J. U.S. Immigration and Customs Enforcement (ICE) agents today announced the arrests of two men for allegedly masterminding a significant credit card fraud scheme that resulted in the loss of over $6 million to credit card lenders and banks nationwide. On May 11, special agents from ICEs Office of Investigations in Newark, N.J., arrested Akbar Wrind, a 54-year-old resident of Bayonne, N.J., and Rafael Marte, a 47-year-old resident of Walnut Port,...
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PORT ST. JOHN, Fla. -- A machete-wielding man chased off three young men from a wooded lot near his house Thursday, trapping one of them up a tree before sheriffs deputies arrived. Luke Weinstein said he stepped outside his house on Kings Highway to have his first cigarette of the day when he spotted the men lurking in the shrubs of a vacant lot across the street. He yelled at them and started after them, then ran back into his garage to grab his machete. Wearing nothing but a pair of black shorts, a barefooted Weinstein chased the trio into...
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DAYTONA BEACH, Fla. -- Staying within 400 points of the lead no longer will be a factor to get in the Chase for the Nextel Cup. A source close to NASCAR said the governing body is finalizing a plan that will allow the top 12 in points in the 10-race playoff with no provision for how many points a driver is from the lead. The top 10 and anybody within 400 points after 26 races qualified for the playoff during the first three years of the Chase. But because the 400-point margin hasn't been a factor -- seven or fewer...
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BOSTON --Sen. Edward M. Kennedy will hold his only debate with his Republican challenger, Kenneth Chase, next Tuesday. The Massachusetts Democrat will participate in a half-hour discussion moderated by New England Cable News anchor Chet Curtis, who will ask questions about Iraq, the war on terrorism, health care and education. NECN is barring all other reporters from observing the session. It will be taped at 10 a.m. at the cable station's Newton headquarters update: ...."Our exclusive debate between Senator Edward Kennedy and Republican Ken Chase will air Tuesday October 10th from 8:00p.m - 8:30p.m. "
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. The Banquet 400 Sunday 2:00 pm on NBC from Kansas Speedway SPEED Pre-race show at 11:30 EasternNBC Pre-race show at 1:30 Eastern Green Flag 2:10 Please give your support to the FR Canteen - Dedicated to our troops, veterans, and their families: The FR Canteen God Bless Our Troops Please pray on this day, and every day, for our Patriot Armed Forces standing in harm's way around the world in defense of our liberty, and for the families awaiting their safe return.
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New Hampshire International Speedway A glance at the 10 drivers competing in NASCAR's Chase for the Nextel Cup championship, in order of points standings: Drivers in the Chase, a closer lookDRIVER: Matt Kenseth ADJUSTED CHASE POINTS: 5,050 HOMETOWN: Cambridge, Wis. AGE: 34 CAR: No. 17 DeWalt Tools Ford CREW CHIEF: Robbie Reiser BEST CHAMPIONSHIP FINISH: 1st (2003) OUTLOOK: Kenseth, the driver many believe forced the Chase format because of his lackluster 2003 title run, has momentum on his side as he tries to win a championship under the new system. He's got four wins this season and has turned it...
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Scores of criminals might have eluded immediate capture had a controversial new plan to limit Houston police vehicle chases been in effect in the past 18 months, department records show. Police Chief Harold Hurtt's proposal, set for a hearing Monday at City Hall, would restrict his officers from engaging in lengthy pursuits when a fleeing motorist's only known crime is a Class C misdemeanor, such as a traffic violation. That was the reason officers gave for almost half the chases recorded in the past year and a half. Yet when those chases ended and suspects were questioned, 40 percent said...
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Suspect expected a 'free pass' from officers Deputies say he mistakenly thought HPD's no-chase policy would let him flee A driver trying to evade authorities thought a recent change in the Houston Police Department's chase policy would help him get away, authorities said. But he was running from a different agency. Regardless, the controversial HPD policy restricting when officers can chase fleeing suspects has been put on hold. "I think this is an absolute perfect example of the mind-sets that are out there," warned Hans Marticiuc, president of the Houston Police Officers' Union, a vocal opponent of the proposed policy...
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Liberal blogger David R. Mark recently wrote, “Those that call themselves ‘compassionate conservatives’ would never think to touch their fat-cat supporters. It’s much easier to spin the ‘economic benefits’ of helping huge corporations fatten their bottom lines.” Liberal academic Thomas Frank, in his book What’s The Matter With Kansas?, claims that the corporate world “wields the Republican Party as its personal political sidearm.” Both Mark and Frank express a common view that corporations are major funders of the political right, and that when corporations make contributions to nonprofit advocacy groups they give to groups on the right because those groups...
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LAKELAND -- A person died on State Road 33 north of I-4 early today when the vehicle he or she was in was hit by a stolen pickup truck, according to police reports. After receiving reports that a woman stole a pickup from a man in Lakeland, officers spotted the truck and chased it. Police cruisers ended up driving into stop sticks that had been placed on the road to stop the pickup. The incident resulted in the closing of State Road 33 this morning from I-4 to Tomkow Road.
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Police refused to chase a thief who had stolen a moped because the youth was not wearing a helmet, the victim said yesterday. Max Foster, 18, said officers told him they feared being sued if the thief fell off the moped and injured himself. The thief escaped on the 1,200 moped, which was only insured third party. Mr Foster, of Coleford, Somerset, uses his Gilera 180cc to commute to work in Bath. He was staying at a friend's house in Bath on Tuesday night when he was woken at 1.45am by the sound of his machine being ridden outside. He...
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BAGHDAD U.S. and Iraqi forces zeroed in on Abu Musab al-Zarqawi over two weeks, tracking his spiritual adviser to the terrorist leader's doorstep and unleashing the airstrike that included a bomb equipped in Tucson that killed them, U.S. and Iraqi officials said Thursday. The first bomb used in the airstrike was a laser-guided Paveway GBU-12, Lt. Gen. Gary North, the top U.S. air commander in the region, told Reuters. Raytheon makes the bomb's guidance systems in Tucson
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This year, 2006, is the 50th Anniversary of Walt Disney Picture's classic "The Great Locomotive Chase" starring Fess Parker and Jeffrey Hunter. This movie was made during the golden age of Hollywood when films were still made for the entire family. When it comes to locomotives many of us are children at heart. Don't you love a good story about the bygone era of passenger trains that once were America's fastest way to travel? America's most famous locomotive "The General" is now home at the Kennesaw, Georgia Civil War Museum. Kennesaw, Georgia is is just 45 miles from Atlanta. Located...
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China Construction Bank may not know that a security vulnerability on its server has been exploited Criminals appear to have hacked a Chinese bank's server and are using it to host phishing sites to steal personal data from customers of eBay Inc. and a major U.S. bank., according to Internet services company Netcraft Ltd. It may be the first scheme that uses one bank's infrastructure to exploit another bank, said Paul Mutton, an Internet services developer for Netcraft, based in Bath, England. A user of Netcraft's free phishing toolbar reported receiving a suspicious e-mail, Mutton said. The e-mail led to...
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WASHINGTON - Heartland communities with jobs to offer are becoming magnets for Hispanics, who now account for half the nation's population growth. Hispanics in the U.S. both recent immigrants and people born here are moving beyond traditional ports of entry in large numbers, boosting the populations of states such as North Carolina, Tennessee, Georgia and Indiana, a study by the Brookings Institution shows. And they are heading not only to big cities; many are moving to historically white, non-Hispanic suburbs, said William Frey, a demographer at Brookings and the author of the study, which is being released Tuesday....
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Barry Wetcher/HBOEdie Falco as Carmela, the wife of Tony Soprano, who is played by James Gandolfini. HIGH on the wall of the otherwise-nondescript conference room inside the production offices of "The Sopranos" hangs a small, framed photograph of a man with his face half shadowed by a fedora. Ambling by in his lumbering gait, slowed by a slight limp from a recent leg injury, James Gandolfini stopped to take a look at the photo. "Who's that?" he asked. "Fellini," said David Chase. Federico Fellini might seem an odd choice to oversee the room where an American television series is...
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TIKRIT, Iraq (Army News Service, Jan. 4, 2005) U.S. Soldiers responding to an indirect fire attack against a coalition base near Balad killed one suspected terrorist and captured another Jan. 2. A coalition aircraft operating near Logistics Support Area Anaconda spotted two people running away from the site where the fire originated and helped guide a nearby patrol to the area. The 3rd Brigade Combat Team, 101st Airborne Division Soldiers quickly captured one suspect, but the other fled on foot. The man led the Soldiers on a two-hour long chase that finally ended when the Soldiers cornered him in...
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The man killed by San Diego police after a moving gunbattle Thursday afternoon had a criminal past that included convictions for armed robbery and assault on a police officer, records show. Santino Juarez, 31, of Encanto was also wanted on two arrest warrants: for violating probation for a purse-snatch conviction in Chula Vista in 2003, and for a drunken-driving conviction July 28 in El Cajon. An undercover San Diego police detective was looking for Juarez in connection with the robbery warrant when he spotted him about 2 p.m. near the mobile-home park in Encanto where Juarez lived. The detective called...
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Republicans increased their advantage in the state House of Representatives Oct. 13, when Democrat Rep. Cheryl Chase changed her party registration at a GOP-sponsored event in northwest Phoenix. The once proud party I have always been a member of, including these last five years in the Legislature, has steadily become controlled by the liberal left and does not reflect the rural Arizona values that I hold dear and was elected to represent, Ms. Chase said in a statement distributed to the media. The District 23 lawmaker cited Gov. Napolitanos hard-line end- justifies-the-means governance as one of the main factors in...
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WELCOME TO THE SECOND RACE IN THE CHASE FOR THE NEXTEL CUP.WE'RE IN DOVER AKA THE MONSTER MILE!! Here's the monster bridge with the best seats in the house which will rattle your brains out!! MBNA RacePoints 400 Nextel Cup TNT HDTV Sun. 12:30 p.m. Truck Race Las Vegas 350 SPEED Sat. 9 p.m. Busch Race Dover 200 TNT HDTV Sat. 1 p.m. MBNA RacePoints 400 Bud Pole Qualifying SPEED Fri. 3:10 p.m. All Times are ET
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This thread is dedicated to everyone affected by the hurricane. God bless and keep them. Please help those who are suffering. And, as always please send your support for our troops who are protecting us. Race Schedule:Sony HD 500 NBC HDTV Sun. 7 p.m. Ameriquest 300 NBC HDTV Sat. 8:30 p.m. Sony HD 500 Bud Pole Qualifying - SPEED Sat. 5:20 p.m. Note: This is an impound race, practice is on Friday 6pm. All Times are ET
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