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Showing posts with label International News. Show all posts
Showing posts with label International News. Show all posts

Elaine Low Singaporean woman donates $1M to Japan


SINGAPORE - A SINGAPOREAN woman has generously donated S$1 million to help the Japan quake victims.


Ever since the massive 8.9-magnitude earthquake shook northeast Japan last Friday, Singaporeans have been showing empathy and pouring in support for the battered nation through donation drives, practical help and so on.

Philanthropists are doing their part too, reported Lianhe Wanbao.

At a donation ceremony held yesterday afternoon at the Embassy of Japan in Singapore, Ms Elaine Low, 24, presented the cheque to Ambassador Yoichi Suzuki.

Ms Low is the daughter of Datuk Low Tuck Kwong, 63, who is the founder of Indonesia-based coal mining company Bayan Resources. Mr Low is the third richest man in Indonesia, according to Forbes magazine.

Mr Low said his company has business ties with Japan, and added that his family has friends and relatives in Japan. The family also has fond memories of Japan's Tohoku region, one of the regions worst hit by the earthquake and tsunami.

plane crash new jersey


All 5 Aboard Plane Die as It Crashes on an Interstate in New Jersey
A single-engine plane on its way to Atlanta spun out of control over northern New Jersey and crashed onto a busy highway on Tuesday, killing all five people aboard — two investment bankers, and the wife and two children of one of the bankers.
No one on the ground was injured, the authorities said, though the plane, which crashed on Interstate 287 in Harding Township, in southern Morris County, almost hit a southbound pickup. A dog aboard the plane was also killed.

They did not officially identify the victims, but Greenhill & Company, an investment bank based in New York, said it believed that two of its managing directors, Jeffrey F. Buckalew, 45, and Rakesh Chawla, 36, were aboard the plane, as were Mr. Buckalew’s wife, Corinne, their son, Jackson, and their daughter, Meriwether.

Mr. Buckalew was a pilot and owned the plane, according to Federal Aviation Administration records.

The airplane, a Socata TBM-700, left Teterboro Airport at 9:51 a.m., bound for DeKalb-Peachtree Airport near Atlanta. A few minutes after takeoff, the pilot spoke with air-traffic controllers about icing, said Robert Gretz, a senior air safety investigator for the National Transportation Safety Board. The pilot did not sound distressed, he said, and it was unclear if he was reporting ice on his wings or asking about icy areas.

The plane disappeared from radar screens at 17,500 feet. The crash occurred 14 minutes after takeoff.

Michelle Bellog, 43, was in the upstairs dining room of her two-story house about a block away when she heard the plane, with its engine sputtering.

“This plane was very loud because it was so close, and its engines would stop and start,” she said. “And the pilot was trying to rev it to keep the engines going.”

She said she rushed to her window and saw the small plane, now at treetop level, “engulfed in dark, gray smoke” and flying northeast, toward the Interstate and Morristown Municipal Airport.

Ms. Bellog said she heard an explosion, which shook her house, as the plane began falling apart; pieces of the aircraft fell from the sky onto her neighbors’ lawns. Moments later, she saw the plane crest over the retaining wall that separates her neighborhood from the highway.

A split second after that, she heard a bigger explosion and saw a plume of black smoke rise from the road. “The smoke was rising up, just billowing up,” she said. “I was terrified.”

The plane hit the southbound lanes, crashed through the wooded median and continued into the northbound lanes. Pieces were scattered across half a mile. All lanes of I-287 were closed immediately after the crash, though they were reopened by the evening.

“It’s a very traumatic crash,” said Lt. Stephen Jones of the New Jersey State Police. “There is no cockpit to be seen.”

The Socata, which is considered relatively powerful for a single-engine aircraft, did not have a black box, but investigators were trying to recover its GPS device.

Greenhill’s chief executive, Scott L. Bok, said the men had been flying south for a short business meeting, after which Mr. Buckalew and his family planned to stay in the area for the holidays. Mr. Chawla was scheduled to take a commercial flight back home after the meeting, Mr. Bok said.

Mr. Chawla joined the firm in 2003 after stints at Credit Suisse and the Blackstone Group and advised clients like the Treasury Department and Charles Schwab. His wife, Cathleen, is a fellow graduate of the Wharton School of the University of Pennsylvania. Mr. Chawla had three young daughters, Mr. Bok said.

Mr. Buckalew was the head of Greenhill’s North American Corporate Advisory activities. He had joined the firm in 1996 after three years at Salomon Brothers and two years with the leveraged finance group of Chemical Bank.

An avid fan of the basketball and football teams at the University of North Carolina at Chapel Hill, where he received a bachelor’s degree and an M.B.A., Mr. Buckalew was also a formidable golfer. He tied for 94th on Golf Digest’s list of “top golfers in finance” in 2007, and often won Greenhill’s annual summer golf outing, Mr. Bok said.

“He was almost the polar opposite of a Wall Street banker,” Mr. Bok said. “He was very comfortable in his own skin.”

Mr. Buckalew, who served on the board of directors for his alma mater’s Arts and Sciences Foundation, flew his plane to the board meetings in North Carolina, said James W. May, the foundation’s executive director. “It was clearly something he enjoyed,” Mr. May said of the flying hobby. “It brought a smile to his face.”

Ms. Buckalew, 45, was a visual artist and was on the board of the Virginia Center for the Creative Arts in Amherst, Va., according to the center’s Web site.

She and the two children had moved this year to Charlottesville, Va., where the family had a home, said Landis C. Best, a friend of Ms. Buckalew. They had wanted to be closer to relatives in North Carolina, Ms. Best said, and provide opportunities for their son, Jackson, 9, to play lacrosse.

Mr. Buckalew, who also owned an apartment on East 69th Street, often flew to and from the Virginia home, said Frances Buckalew, his 100-year-old great aunt.

She said the family had named Meriwether, 6, after her husband.

“When they married, she fell in love with my husband and loved his name,” she said of Corinne Buckalew. “She said, ‘If we ever have a little girl, we’ll name her Meriwether.’ ”

Frances Buckalew, who lives in Richmond, Va., said she recently received a holiday card from the family.

“It said they hope to see me during Christmas,” she said.

Michael J. de la Merced, Winnie Hu and Nate Schweber contributed reporting

how to make it in america


HBO Renews 'Enlightened,' Cancels 'Hung,' 'Bored to Death,' 'How to Make It In America'
The premium cable network clears room on its schedule for upcoming series including "Luck," "Veep," "Girls" and the untitled Aaron Sorkin newsroom project.



HBO has renewed critical darling Enlightened for a second season, while opting not to move forward with three series: Hung, Bored to Death and How to Make It In America.
With a slate of upcoming series including Luck, Veep, Girls, Life's Too Short and Angry Boys, the premium cable network cleaned house Tuesday, making room on its schedule by ending the runs of the three low-rated comedies.
Hung, which stars Thomas Jane as a down-on-his-luck suburban high school basketball coach who resorts to male prostitution, returned for its third and now final 10-episode season earlier this fall.
PHOTOS: 'Enlightened' Among 2012 Golden Globe Nominees
Though the half-hour series from Dmitry Lipkin and Colette Burson fell far short of garnering the kind of accolades or viewership that other efforts including Boardwalk Empire and Game of Thrones did for the premium cable network, it didn't go entirely unrecognized on the award show circuit. Jane and co-star Jane Adams were each nominated for Golden Globe nominations for their roles in 2010 -- only Jane was on this year's Globes roster. In the end, neither the praise nor the ratings -- its third season finale collected 930,000 viewers, down considerably from the 2.31 million who tuned in for its Season 2 closer -- were enough to warrant another season.
Bored to Death, starring Jason Schwartzman, Zach Galifianakis and Ted Danson, opened its third season to a similarly disappointing average viewership of just 240,000, a significant drop from the 1.1 million the second season garnered a year earlier.
PHOTOS: TV's Priciest Primetime Shows for Advertisers
How to Make It In America -- often dubbed Entourage for the East Village set -- also struggled to find the buzz and viewership Entourage was able to garner over its eight-season run. The Bryan Greenberg comedy closed out its second season with a paultry 560,000 viewers.
For its part, Enlightened opened to just just 210,000 total viewers in its October premiere, low even by HBO standards. While the critically praised Laura Dern vehicle continued to trot along with a limited viewership over the course of its freshman season, it earned what the other three series did not: awards show attention, picking up surprise Golden Globe nominations in both the comedy and best actress category last week.
Creator Mike White told The Hollywood Reporter last week that the nominations mean "we may have to grovel a little less for a second season." Whether or not any actual groveling occurred, White got his wish.

bill conlin


Longtime Philadelphia Daily News sports columnist Bill Conlin has been accused of sexually molesting at least four children in the 1970s, when they were aged 7 to 12.


The accusers include a niece of Conlin's who is now a prosecutor in New Jersey. Conlin has denied the accusations through his attorney.

The allegations were reported in a lengthy investigative story today by the Philadelphia Inquirer. The story, by Nancy Phillips, included some parents of the alleged victims saying they were made aware of the assaults at the time, but elected not to tell authorities.

The newspaper says no legal action can be taken against Conlin, 77, because of the statute of limitations laws that existed at the time of the alleged assaults.

The niece who is now a prosecutor, Kelley Blanchet, told the Inquirer that: "This is a tragedy. People have kept his secret. It's not just the victims, it's the victims' families. There were so many people who knew about this and did nothing."

Conlin retired Tuesday from the Daily News, just hours before the Inquirer published its story online. He had worked as a columnist and baseball reporter there for more than four decades.

Conlin's attorney, George Bochetto, told the Inquirer that: "Mr. Conlin is obviously floored by these accusations, which supposedly happened 40 years ago . . . He has engaged me to do everything possible to bring the facts forward to vindicate his name."

Blanchet told the Inquirer she was molested at about the age of 7 when Conlin visited her parent's house. She said Conlin touched her genitals and penetrated her with his fingers.

Blanchet said she, two other women and a man were going public with their accusations now because the Jerry Sandusky scandal at Penn State had brought back memories of their ordeals.

On Nov. 11, Conlin wrote a column about the Sandusky case. Conlin essentially scoffed at people who said they would have intervened in the incident where Sandusky has been alleged to have raped a boy in a Penn State locker room.

Wrote Conlin: "Everybody says he will do the right thing, get involved, put his own ass on the line before or after the fact. But the moment itself has a cruel way of suspending our fearless intentions."

Barbara Healey, whose son Kevin and daughter Karen are among Conlin's accusers, told the Inquirer that: "I'm really sorry that I didn't do something more at the time . . . Call the police is what I should have done."

Said Karen Healey, now 44 and the mother of three: "Nobody called the cops . . . Everyone went back to living their lives. It's never talked about. None of the kids are offered therapy. We all go on with our lives."

Earlier this year Conlin was given one of his profession's highest honors, when he was presented with the J.G. Taylor Spink Award by the Baseball Writers Association of America at the Baseball Hall of Fame. He also gained national attention as an oft-bombastic commentator on ESPN's The Sports Reporters.

Greenhill Says Two Managing Directors

Greenhill Says Two Managing Directors Died in N.J. Plane Crash



Dec. 21 (Bloomberg) -- Greenhill & Co. managing directors Jeffrey F. Buckalew and Rakesh Chawla died yesterday aboard a single-engine plane that crashed on a New Jersey highway.

Buckalew’s wife, Corinne, and two children also were on the plane owned by Buckalew, an experienced pilot, according to a statement from New York-based advisory firm Greenhill. There were no survivors, New Jersey police said in a post on Twitter.

“The firm is in deep mourning over the tragic and untimely death of two of its esteemed colleagues and members of Jeff’s family,” Chairman Robert Greenhill and Chief Executive Officer Scott Bok said in the statement yesterday. “Jeff was one of the first employees of Greenhill. He and Rakesh were extraordinary professionals who were highly respected by colleagues and clients alike.”

Buckalew, 45, led Greenhill’s North American advisory activities. He started at the firm in 1996, the year it was founded, after working at Salomon Brothers, according to the company. Chawla, 36, was a managing director for the financial- services sector. He joined Greenhill in 2003 from Blackstone Group LP.

The men were traveling on business for Greenhill, said a person familiar with the matter, who spoke on condition of anonymity because that detail hadn’t been made public.

The plane crashed on Interstate 287 in Harding, New Jersey, about 35 miles west of Manhattan, after taking off from Teterboro Airport, state police said on Twitter. The plane was en route to DeKalb-Peachtree Airport near Atlanta, according to flightaware.com. No one on the ground was killed, according to the New York Daily News, which quoted witnesses as saying the plane appeared to have broken up in flight.

Discussed Icing

A wing was found in a tree about a quarter-mile away, the Associated Press reported. The news service said the plane, a Socata TBM 700 single-engine turboprop, departed at 9:50 a.m. local time and crashed 14 minutes later after the pilot had discussed icing with flight controllers.

The Socata reached about 126 knots as it climbed and then slowed to 90 knots about 10 a.m., according to flight log data captured by flightaware.com. The plane’s stall speed is about 80 knots, meaning it might have gone into a spin or tumble and that the pilot’s efforts to recover may have overstressed the wing, said Bill Waldock, a professor of safety science at Embry-Riddle Aeronautical University’s campus in Prescott, Arizona.

“Ice is going to be a factor they will look at and why it started slowing down,” Waldock said. “If the plane had much ice, that’s going to increase drag tremendously, further slowing the plane.”

Medical Exam

Buckalew received a private-pilot’s license in June 2010, which let him fly a single-engine airplane and use instruments for takeoff and landing, according to U.S. Federal Aviation Administration data. His last medical exam was in July, FAA records show.

The address listed on Buckalew’s FAA license was the same address listed for Cool Stream LLC, the registered owner of the Socata. The flight deck of the aircraft accommodates a pilot and one passenger, and the main cabin provides seating for as many as five, according to airliners.net.

There were 852 accidents in the U.S. involving personal aircraft during the first 10 months of this year, killing 279 people, according to a Dec. 1 report from the National Transportation Safety Board. There were 25 commercial aircraft accidents in the period, mostly involving turbulence and none of which caused fatalities or substantial damage, the report shows.

‘Wonderful Man’

Buckalew, who received a bachelor’s degree and master’s in business administration from the University of North Carolina, advised on transactions in various industries, including VF Corp.’s $1.97 billion purchase of Timberland Co., Bok said in an e-mailed statement.

“Jeff was a wonderful man,” Craig W. Ashmore, who leads M&A strategy for Emerson Electric Co., said in an e-mailed statement. “He was an exceptional banker who gave Emerson insightful advice, and he was even-tempered, thoughtful and just fun to be around.”

Buckalew often won the company’s annual summer golf outing, Bok said in the statement, and Golf Digest had named him among the top golfers in finance.

Chawla received a bachelor’s degree from the University of Virginia and an MBA from the Wharton School at the University of Pennsylvania, Bok said in the statement. He helped to advise the U.S. Treasury Department on managing and disposing of the government’s majority stake in American International Group Inc., the New York-based insurer bailed out during the 2008 financial crisis, according to Bok.

Greenhill owns a plane used by employees for business travel and by Robert Greenhill and his family for business and personal travel, the firm said in a March regulatory filing. Greenhill personnel also use airplanes owned by the chairman for business travel, the filing shows.

--With assistance from Mary Jane Credeur in Atlanta and James Langford in New York. Editors: Rick Green, Peter Eichenbaum, Dan Reichl

To contact the reporter on this story: Laura Marcinek in New York at lmarcinek3@bloomberg.net

To contact the editor responsible for this story: David Scheer at dscheer@bloomberg.net