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FISHRGAME
_____________
Feature
Stories -
112005
- 11th Week tviNews
Convergence
TOP STORIES CONVERGING INTO THE - 11th Week -
March
- 14th
•••Bill
Gates Forbes' Richest Billionaire.
Other Top Richest men in the world are
Microsoft co-founder Paul Allen, were Google Inc.
co-founders Sergey Brin and Larry Page, in the No.
55, their net worth growing to $7.2 billion each
after the company's initial public stock offering
in August. All are past TVI Magagzine's Person of
the Week winners.
• • Koch,
Hall , Kao and Martha Stewart joins Bill Gates
still the richest man
• • The
billionaires are richer and more numerous for the
second straight year, but the No. 1 spot is
unchanged: Microsoft Corp. co-founder Bill Gates
led the list for the 11th year in a row with a net
worth of $46.5 billion, slightly less than his
$46.6 billion last year.
• • Investor Warren E. Buffett
held on to second place with $44 billion, up from
$42.9 billion in 2004.
• • Mittal climbed 59 rungs to No.
3 this year after his net worth grew by $18.8
billion to $25 billion. His gain in wealth was the
largest among those on the
list.
• • Slim came in fourth, up from
No. 17 in 2004; Saudi Arabian investor Prince
Alwaleed bin Talal ranked No. 5; and Kamprad rose
to No. 6 from No. 13 last
year.
• • Rounding out the top 10 were
Microsoft co-founder Paul Allen; German supermarket
company owner Karl Albrecht; Oracle Corp. Chief
Executive Larry Ellison, returning to the top 10
after slipping to No. 12 last year; and Wal-Mart
Chairman S. Robson Walton. Four other Waltons took
spots 11 through 13, with Alice and Helen Walton
again sharing the title of richest woman in the
world with $18 billion
each.• •
Martha Stewart joins the ranks of
billionaires Thanks to a surge in demand for steel,
Internet access and Scandinavian sofas, there are
some new names among the richest of the world's
billionaires. Indian steel mogul Lakshmi Mittal,
Mexican telecommunications magnate Carlos Slim and
IKEA founder...
• • Among the big winners was two
TVI Magazines Person of the Week winners: Google
Inc. co-founders Sergey Brin and Larry Page, who
made their first appearance on the list last year
with $1 billion each. Both jumped nearly 500 spots
to No. 55, their net worth growing to $7.2 billion
each after the company's initial public stock
offering in August. At 31 and 32 years of age
respectively, Brin and Page are two of only 29
billionaires under 40, but youngest-billionaire
crown went to Germany's 21-year-old Albert von
Thurn und Taxis, with $2
billion.
• • Thanks to a surge in demand
for steel, Internet access and Scandinavian sofas,
there are some new names among the richest of the
world's billionaires.
• • Indian steel mogul Lakshmi
Mittal, Mexican telecommunications magnate Carlos
Slim and IKEA founder Ingvar Kamprad of Sweden
knocked several Wal-Mart Stores Inc. heirs down a
few notches on Forbes magazine's 2005 rankings of
the world's billionaires.
• • The number of billionaires
grew to a record 691 from 587 last year, and their
total net worth rose by $300 billion to $2.2
trillion.
• • One of this year's 131 new
billionaires -- and one of the list's 68 women, up
from 53 last year -- was Martha Stewart, whose
wealth swelled to $1 billion despite her conviction
for lying about a stock sale and the ensuing
five-month prison stint.
• • Jail time was harder on the
fortune of Mikhail Khodorkovsky, the former CEO of
Russia's Yukos Oil Co. Khodorkovsky, who is facing
charges of fraud and tax evasion, had the biggest
loss in wealth. His net worth tumbled 85% to $2.2
billion.
• • Not counting the 14
billionaires who died since February 2004, only 30
people dropped off the list from 2004, including
five of Khodorkovsky's colleagues and hotel heir
Robert Pritzker.
• • Forbes senior editor Pete
Newcomb said the rankings were compiled using the
Feb. 11 closing price of publicly traded stock
owned by the billionaires. In the case of private
companies, Forbes looked at comparable companies in
the same industries in order to determine a value
of a billionaire's holdings. For real estate
holdings, the magazine valued properties according
to square footage, and subtracted any debt from a
property's estimated worth.
• •
California's
wealthiest
• • California's top billionaires,
with rank on the Forbes list, name, age, net worth
in billions of dollars and source of
wealth.
• • 9. Larry Ellison, 60, $18.4,
Oracle
• • 41. Kirk Kerkorian, 87, $8.9,
investments, casinos
• • 42. Sumner Redstone, 81, $8.8,
Viacom
• • 55. Sergey Brin, 31, $7.2,
Google
• • 55. Larry Page, 32, $7.2,
Google
• • 71. Eli Broad, 71, $6.1,
investments
• • 117. David Geffen, 62, $4.4,
entertainment
• • 122. Donald Bren, 72, $4.3,
real estate
• • 122. Gordon Moore, 76, $4.3,
Intel
• • 164. Charles Johnson, 72,
$3.3, Franklin Resources
• • 170. Charles Schwab, 67, $3.2,
discount stock brokerage
• • 188. David Filo, 38, $3.1,
Yahoo
• • 194. Steven Jobs, 50, $3,
Apple Computer
• • 194. George Lucas, 60,
$3,
• • Star
Wars
• • 210. Eric Schmidt, 50, $2.8,
Google
• • 219. Bradley Hughes, 71, $2.7,
Public Storage
• • 219. Steven Spielberg, 58,
$2.7, movies
• • 228. Rupert Johnson Jr., 63,
$2.6, Franklin Resources
• • 228. Jerry Yang, 36, $2.6,
Yahoo
• • Source:
Forbes•
#104TOXIC
MOLD Case LANDMARK LITIGATION NEWS
•••NEW DEVELOPMENT ON FEAR OF
CANCER FROM TOXIC MOLD & MYCOTOXINS, AND THE
RECOVERY OF PUNITIVE DAMAGES.
•••(Los
Angeles, Ca)˜March 12, 2005, Dee vs. PCS.
(Case No.LC057263), Attorney for the plaintiff,
Scott B. Whitenack, Esq. (AKA Scott B.
Stubblefield)) announced today that the Jury Trial
of Dee v. PCS will start on Monday as scheduled.
His client, Ms. Dee will be asking the jury to
award $6M + in punitive damages in her case against
PCS Property Management LLP and 8611 Venice Blvd.
Corp.
•••
The damages are for Ms.
Dee's physiological impairment and the fear of
cancer after being willfully exposed by the
defendants to toxic mold. Both companies are either
owned directly or indirectly by another LLP, whose
principle is local Public Communications Services,
Inc. (PCS) magnate, Joe Fryzer. PCS owns and
manages over 40 high-end luxury apartment buildings
in Beverly Hills, Los Angeles, Long Beach and
Thousand Oaks. Their motto: We don‚t just say
it, we mean it. Better Living Better Life.
Testifying in the case early next week, as hostile
witnesses are Joe Fryzer, Paul Jennings and his
ex-wife, Cynthia Jennings.
•••Mr.
Whitenack's interpretation of Judge Ettinger's
ruling of March 11, 2005, is the insurance defense
firm representing PCS and Karen Mackie-Thaler, is
John Barrett, Jr., a Partner with Parker &
Stanbury, of Los Angles, just sealed the coffin for
their real clients, PCS and the
shareholders/representatives, in not settling this
case prior to now and within the policy
limits!!!
•••Mr.
Whitenack further states that he is excited about
having the Jury decide the issues, because a case
like this doesn't come along that often, where you
have a bunch of clients or representatives who are
either stubborn, misinformed, ill advised to
settle, before the "Holly Grail Of Trial
Attorneys",
•••
A "Verdict Of Fraud &
Intentional Inflection Of Emotional Distress,
[FEAR OF CANCER], And The Ultimate
Punishment by the Jury, of Punitive Damages of $6M
+ based on the wealth of their clients, and all of
the repercussions and damages that naturally flow
to their clients‚ and their businesses‚
reputations, licensure, and stock response,
etc.
•••Mr.
Whitenack further states there is still time for
Mr. John Barrett, Jr. and his firm to save their
clients from the certain fate, by simply accepting
his client's last offer, which expires, on Tuesday,
March 15, 2005, when Ms. Meddock is sworn in as the
first Hostile Witness.
•••Ms.
Dee will prove the Intentional fraud and
Intentional Infliction of Emotional Distress
[Fear Of Cancer] against PCS and her fear
of cancer. Ms. Dee need only show her fear is
genuine, serious and reasonable according to our
California Supreme Court in Potter v. Firestone
Tire & Rubber Co. But it is up for a jury to
decide. Whitenack stated. Potter v. Firestone was a
Toxic Dump Site Case involving homeowners, who also
had legitimate fears of future cancer after being
exposed to toxic substances.
•••Mr.
Whitenack went on to say, I want to emphasize that
everyone who has a little mildew in his or her
shower should not be worried about cancer. But if
they are someone, like my client, who has
experienced cognitive and neurological dysfunction
from mold in their bloodstream, then the potential
of future cancer is real.
•••
The legitimate fear of
cancer that Ms. Dee is experiencing, can logically
be substantiate as serious and reasonable simply by
providing the jury with admitted statements of not
only by Ms. Dee's own six experts, but also by
PCS's numerous experts. Reports contain warnings
that the toxinogenic molds, found to be pervasive
in Ms. Dee's Luxury Mammoth Park Towers apartment,
are well known cancer-causing substances.
•••These
reports, along with US government mold/mycotoxins
studies, collegic fungal disease studies and other
information that Ms. Dee came in contact with
through the media, have confirmed Ms. Dee's fears.
They demonstrate an understanding by numerous
medical researchers and clinicians of the
correlation between mold/mycotoxins exposure and
cancer.
•••Ms.
Dee will undoubtedly prove to the jury that she is
entitled to damages for her logical lifelong fear
of cancer and resultant emotional distress. She
must now live with an increased vulnerability to
serious disease. Concluded Whitenack It is
axiomatic that she should receive periodic medical
monitoring to detect the onset of disease at the
earliest possible time. Early diagnostics is
unquestionably important to increase the chances of
effective treatment when the beginning signs of
cancer set in.
•••We
are expecting the jury to award Ms. Dee damages for
the present value of the costs of such monitoring,
brain impairment, for general disruption of her
life, for invasion of her privacy and for punitive
damages in excess of $6M + based on PCS's conscious
and reckless disregard for the rights and safety of
their tenant, Ms. Dee, while she resided at the
"Luxury Mammoth Park Towers. Better Living Better
Life.
•••www.smartlegaladvice.com
• •
JUDGE
RULES IN FAVOR OF WOMAN IN A $6M LANDMARK TOXIC
MOLD
CASE,
///
• •
------------------------------------------------------------------------
NEWS
CONVERGENCE
///
Center
Page / Feature
NEWS CONVERGENCE
Feature
TIMELINE: Top Stories To
Start The Week With:
#108
Holocaust Gold Train Victims Settles Suit for $25.5
Million with U.S.
•
• U.S.
must pay Holocaust survivors $25.5 Million and
admit role in the looting of Hungarian Gold
Train.
• •
The U.S. government will pay $25.5 million
to settle a suit by Holocaust survivors over goods
that were stolen by the Nazis in 1944 and which
disappeared after they were recovered by the U.S.
Army.
• • Most of the money will go to
social welfare programs for survivors in the United
States, Israel and Hungary, according to documents
filed in federal court in
Miami.
• • In addition, the
government will make an uncommon "statement of
acknowledgment" about the U.S. role in the looting
of what has been dubbed the Hungarian Gold
Train.
• • The case was the only
Holocaust-related litigation in which the U.S.
government was a
defendant.
• • "I hope the money will go to
those people who need it most," said Irving Rosner
of Aventura, Fla., one of those who brought the
suit.
• • Rosner, 82, was forced to work
in a labor camp after the Nazis took him into
custody in 1943 in Beregujfalu, Hungary. He came to
the United States in 1949 after spending four years
in a displaced persons
camp.
• • "I'm happy they settled it,"
he said.
• • The events in the case came in
the closing days of World War II. As Allied armies
advanced, the Nazis occupying Hungary loaded a
train 24 cars long with goods seized from Jews who
had been imprisoned in concentration
camps.
• • The Nazi goal was to ship the
looted property -- gold, jewelry, Oriental rugs,
clothing and artwork, including paintings by
Rembrandt and Durer -- to
Germany.
• • According to U.S. government
reports, the train never arrived at its
destination. Instead, the Nazis abandoned it in a
tunnel about 60 miles from Salzburg, Austria. U.S.
soldiers took control of it there. Some of the
booty immediately vanished. The rest was sent to
U.S. military warehouses in
Austria.
• • What happened to much of the
property is a mystery, according to the President's
Advisory Commission on Holocaust Assets, which
studied the case and published reports in October
1999 and December 2000.
• • The commission said Maj. Gen.
Harry J. Collins, the chief U.S. military official
in western Austria at the end of the war, had
placed orders from the warehouse for enough china
and silver for 45 people, as well as a dozen silver
candlesticks, glassware, 30 sets of table linens,
carpets and furs for his villa and a personal
railroad car.
• • Collins died in 1963, and the
fate of the goods he requisitioned was unknown,
said Jonathan Cuneo, one of three lead lawyers for
the survivors.
• • The case, filed in 2001, was
one of a string of Holocaust-related claims to go
to court in the last
decade.
• • But among the suits against
Swiss banks, European insurance companies and firms
that had used forced laborers, the Gold Train case
stood out because the defendant, the U.S.
government, had saved the lives of thousands of
European Jews by liberating the Nazi concentration
camps.
• • The suit claimed the
government, through the actions of military
personnel, had violated international law and
seized property without due
process.
• • Lawyers close to the case said
Justice Department officials, who had resisted the
suit strenuously over the last four years, had been
dismayed at the idea that the government was being
lumped into the same category as those who had
murdered and exploited the
Jews.
• • In a letter filed with the
court endorsing the settlement, Rabbi Israel
Singer, president of the World Jewish Congress,
took pains to emphasize the role the U.S. had
played in winning the
war.
• • "The United States was not
only the liberator of Europe, it was also the
rescuer of a devastated European Jewry after the
Holocaust," Singer wrote. "Thousands of Americans
died in this heroic effort. I believe that this
settlement will be an appropriate acknowledgment of
this isolated episode."
• • Gideon Taylor, executive vice
president of the Jewish Conference on Material
Claims Against Germany, the group that will
administer the settlement fund, called the Gold
Train controversy "one isolated chapter in a
glorious history of an era when but for the U.S.,
many Holocaust survivors would have
perished."
• • "That sometimes gets lost,"
Taylor said. "Wrongs deserve to be righted, and
mistakes should be acknowledged, but good deeds
must have their acknowledgment
too."
• • The settlement also was
endorsed by the Confederation of Holocaust
Survivors in Hungary and the Federation of Jewish
Communities in Hungary.
• • Justice Department lawyers
filed a one-page statement with the court Friday,
saying the agreement was "the product of long and
arduous negotiations."
• • Those negotiations started
after August 2002, when Federal District Judge
Patricia A. Seitz ruled against some key government
defenses and urged the two sides to settle.
Washington lawyer Fred F. Fielding, a former White
House counsel under President Reagan, became the
mediator.
• • When President Bush nominated
Alberto R. Gonzales to be attorney general, Sen.
Hillary Rodham Clinton (D-N.Y.) and a bipartisan
group of members of the House stepped up the
pressure for a
settlement.
• • The survivors and their heirs,
who initially sought $200 million, agreed to settle
for the smaller figure for several reasons,
including the fact that there was "no certainty as
to the value of the goods on the Gold Train when it
came into the hands of the U.S. Army," lawyers for
the plaintiffs said.
• • The two sides also concluded
that "attempting to provide compensation payments
directly to class members would be impractical" in
part because sorting out who had owned what might
eat up much of the available money, the lawyers
said.
• • "We're proud to have been a
voice for the survivors … and to see their
satisfaction at vindicating their rights in a
country they love but they think did wrong," said
Cuneo's co-counsel, Samuel J. Dubbin of
Miami.
• • If Seitz approves the
agreement, at least $21 million will be allocated
to social welfare programs: 42.5% in Israel, 22.7%
in Hungary, 20.1% in the United States, 6.1% in
Canada, 2.5% in Australia and 6.1% in other parts
of the world.
• • Another $500,000 will fund an
archival project to collect documents and artifacts
relating to the history of the train and the
looting of the Hungarian Jewish
community.
• • Lawyers for the plaintiffs are
seeking $3 million in fees and $800,000 to cover
the costs they expended litigating the
suit.
• • The first hearing on approving
the settlement is scheduled for Thursday.
///
ByLines:
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