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	<title>Luxe Jewelry bloggers &#187; silver key rings</title>
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		<title>De Beers Group Marketing Diamond Jewellery Design Competition 2007 Grande Finale</title>
		<link>http://www.luxebloggers.com/de-beers-group-marketing-diamond-jewellery-design-competition-2007-grande-finale/</link>
		<comments>http://www.luxebloggers.com/de-beers-group-marketing-diamond-jewellery-design-competition-2007-grande-finale/#comments</comments>
		<pubDate>Mon, 01 Feb 2010 03:21:57 +0000</pubDate>
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		<description><![CDATA[Tonight marked the Grande Finale of the first pan-GCC De Beers Group Marketing Diamond Jewellery Design Competition, following in the wake of the international &#8216;Diamonds: Nature&#8217;s Miracle&#8217; competition. GCC designers set their creativity free to produce some of the most awe-inspiring diamond valentine&#8217;s day jewelry gifts pieces and sets ever seen in the region, valued [...]]]></description>
			<content:encoded><![CDATA[<p>Tonight marked the Grande Finale of the first pan-GCC De Beers Group  Marketing Diamond Jewellery Design Competition, following in the wake of the  international &#8216;Diamonds: Nature&#8217;s Miracle&#8217; competition.</p>
<p>GCC designers set their creativity free to produce some of the most  awe-inspiring diamond <a href="http://www.sterlingtiffany.com/"><strong>valentine&#8217;s day jewelry  gifts</strong></a> pieces and sets ever seen in the region, valued at over $  2,000,000. The glittering gala celebration featured eight finalists&#8217; pieces and  sets of imaginative and innovative jewellery designs all inspired by one of  nature&#8217;s most precious creations the diamond.</p>
<p>The event, designed within a luxury venue at a prestigious Dubai hotel, took  VVIP guests, hailing from the international and local jewellery industry,  through a series of rooms themed around the piece of jewellery on display. From  a waltzing bride and groom in one setting, to luxuriously clad models viewing  &#8216;Breakfast at Tiffany&#8217;s&#8217; on a cinema-style big screen in another &#8211; each  intricate design was displayed to highlight it&#8217;s individual symbolism.</p>
<p>Anan Fakhreddin, Regional Director of the Diamond Promotion Service (DPS) at  De Beers Group Marketing, the largest producer of rough diamonds in the world  says, &#8220;From its birth billions of years ago to the journey it endured to the  surface of the earth, to the legends and myths surrounding it, to its  elusiveness and rarity each piece of jewellery captures the diamonds true magic  and mystique.</p>
<p>&#8220;Diamond jewellery has the ability to capture the heart. It symbolizes love,  eternity and glamour, and our Diamond Jewellery Design Competition, as well as  our themed gala event was aimed at allowing designers to put their diamond  jewellery dreams into reality, thereby highlighting the emerging talent in the  GCC jewellery industry.</p>
<p>&#8220;Both novice designers and experienced industry professionals were invited to  participate in the competition to demonstrate their ability to craft designs  specifically for the region.&#8221;</p>
<p>To enter, participants were required to draft a design for a new piece or set  of diamond jewellery, inspired by Arab culture, under one of five categories  listed on the entry form; A new piece of Diamond Jewellery, The Rayana Diamond  Jewellery Set, The Whisper Three-Stone Ring, The Bridal Diamond Jewellery Set,  Melange and the Black Attraction categories.</p>
<p>The eight diamond jewellery designs chosen to go into the final stage of the  competition were <a href="http://www.sterlingtiffany.com/product-1.html"><strong>silver key rings</strong></a> into actual pieces which went on to be judged by a panel of expert judges  including Mr. Ahmed Bin Sulayem, Executive Chairman DMCC, International fashion  designer Walid Atallah and Anan Fakhreddin, Diamond Promotion Service (DPS)  Director of the De Beers Group Marketing.</p>
<p>The final pieces and sets were modeled at the event alongside Walid Atallah  latest designer dresses collection.</p>
<p>Winners who received De Beers Group Marketing trophies include:</p>
<p>Damas with &#8220;A Melange and black attraction piece&#8221; consists of a choker  identical in style to the traditional Agal the black band used in Arabic  headdress. The piece makes use of 3635 diamonds and is worth $117 463.50.</p>
<p>Rafi Sarki with &#8220;A Melange and black attraction piece&#8221; consists of a &#8216;new  generation&#8217; bangle incorporating 7 diamonds set in white gold and fixed at  different angles to create an atom-like figure representing energy. The piece is  worth $76 905.75 and make use of 2 387 brilliant round diamonds.</p>
<p>Rosy Blue Trading with &#8220;A new piece of Diamond Jewellery&#8221;, inspired by water  droplets shimmering on a sunlit lotus leaf, this necklace incorporates 2501  diamonds set in white gold and is valued at $7 120.</p>
<p>Scintilla Monaco with &#8220;The Rayana Diamond Jewellery set&#8221; including necklace,  earrings and ring valued at $1.5 million. This piece makes incorporates pear,  oval and marques diamonds set in 18 karat white gold.</p>
<p>Al Moallim Jewellery with &#8220;The Whisper three-stone ring&#8221; made up of round,  heart-shaped and oval diamonds.</p>
<p>Hajar Bashir Almas Faraj from High College of Technology with &#8220;A Bridal  Diamond Jewellery set&#8221; manufactured and sponsored by Damas, including necklace,  bracelet, earrings and ring. This set makes use of 1249 diamonds set in white 18  karat gold, valued at $2.708 million.</p>
<p>About De Beers Group Marketing</p>
<p>The Diamond Trading Company (DTC), part of the De Beers Group was reorganised  during the summer of 2007. The reorganisation means that the former DTC  marketing department is now a separately managed independent division called De  Beers Group Marketing. All other activities previously conducted by the DTC  continue to be conducted by the DTC.</p>
<p>De Beers Group Marketing focuses on three core activities:</p>
<p>- the development and marketing of &#8220;big ideas&#8221; like Trilogy and Journey which  have proved so <a href="http://www.sterlingtiffany.com/product-8.html"><strong>silver  necklaces</strong></a> at driving demand</p>
<p>- the continuing exploration and development of the FOREVERMARK programme</p>
<p>- maintaining consumer confidence in diamonds</p>
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		<title>How statement fashion jewellery is filling a hole in a difficult jewellery market</title>
		<link>http://www.luxebloggers.com/how-statement-fashion-jewellery-is-filling-a-hole-in-a-difficult-jewellery-market/</link>
		<comments>http://www.luxebloggers.com/how-statement-fashion-jewellery-is-filling-a-hole-in-a-difficult-jewellery-market/#comments</comments>
		<pubDate>Sat, 23 Jan 2010 01:14:19 +0000</pubDate>
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		<description><![CDATA[As the fine jewellery market continues to stumble through the recession, a lucrative hole in the sector has been discovered. Bold statement pieces from the likes of high fashion houses Marni and Lanvin, made with little more than a few pieces of coloured resin and a grosgrain ribbon, are growing in popularity with consumers. Many [...]]]></description>
			<content:encoded><![CDATA[<p>As the fine jewellery market continues to stumble through the recession, a  lucrative hole in the sector has been discovered. Bold statement pieces from the  likes of high fashion houses Marni and Lanvin, made with little more than a few  pieces of coloured resin and a grosgrain ribbon, are growing in popularity with  consumers. Many other <a href="http://www.sterlingtiffany.com/"><strong>tiffany</strong></a> designer brands &#8211; from  Donna Karan to Versace &#8211; are keen to exploit this new-found territory.</p>
<p>&#8220;There is huge growth potential in this [fashion] category,&#8221; says Bridget  Cosgrave, buying and fashion director at London boutique Matches, who is aiming  her fashion house jewellery ranges at both regular clothes-buying customers and  a new fashion jewellery collector who will pay thousands for the newest costume  pieces. These include Lanvin&#8217;s &#8220;Pom Pom&#8221; necklace, made with ragged coral  grosgrain ribbon and artificial pearls and coming in at a not insignificant  pound(s)545. According to Cosgrave, sales of jewellery at Matches have grown 50  per cent in the past two years, and jewellery now accounts for 20 per cent of  the company&#8217;s total sales. Investment potential and sales could, she says, rise  to the same level as bags and shoes in coming months.</p>
<p>Fashion jewellery is one of online retailer Net-a-Porter&#8217;s fastest-growing  categories; new ranges from Donna Karan, Versace and Isabel Marant are launching  this month and will sit alongside pieces from Marni, Oscar de la Renta and  Stella McCartney. Browns boutique now differentiates its fine and fashion  jewellery offering on its retail website, with Alexander Wang, and two of  London&#8217;s rising design stars, Holly Fulton and Mary Katrantzou, recently  launching statement jewellery collections.</p>
<p>Francois Curiel, Christies&#8217; international head of jewellery, says: &#8220;Whereas  15 or 20 years ago <a href="http://www.sterlingtiffany.com/product-7.html"><strong>silver earrings</strong></a> the fashion houses were doing fashion, now they&#8217;re doing jewellery too&#8221;.</p>
<p>&#8220;The jewellery business is worth something like $10bn a year &#8211; before you  factor in diamonds &#8211; so I guess, yes, they&#8217;d like a little bit of that. But  also, a fan of Dior feels more comfortable buying a Dior necklace than going  through the door of a jewellery house where she doesn&#8217;t know anyone and doesn&#8217;t  feel comfortable.&#8221;</p>
<p>Traditional jewellers are surprised at the level of growth of what Charlotte  Collard, a Zurich-based model-turned-gemologist, calls the &#8220;casual jewellery&#8221; or  &#8220;chic accessories&#8221; market. &#8220;Diamonds and precious stones have lost a lot of  value since the start of the crisis,&#8221; she admits. But &#8220;to me [chic accessories]  are not part of the jewellery world because they usually have no precious  materials or stones, and are worn like sunglasses, bags and shoes &#8211; they&#8217;re made  from the same materials. As such they&#8217;re never going to appreciate in value, and  there is little exclusivity to them.&#8221;</p>
<p>This doesn&#8217;t seem to deter consumers. As being on trend becomes more  important than wearing precious jewels &#8211; <a href="http://www.sterlingtiffany.com/product-1.html"><strong>silver key rings</strong></a> particularly in an era where conspicuous consumption is frowned upon &#8211; advances  in quick and cheap jewellery production have allowed fashion houses to supply  exciting new collections each season. And some do use semi-precious stones.  According to Matthew Girling, Bonhams&#8217; chief executive, this leap has been  facilitated by production switching from tiny workshops in Europe, where  individuals would set stones by hand, to workshops around the world where  machines can help to &#8220;make jewellery with gems and gold or metals in much larger  quantities. Which means you don&#8217;t have to wait so long for them, and so you can  change to keep up with fashion.&#8221;</p>
<p>As a result, the most successful jewellers are those with a foot in both  camps. Jeweller Pippa Small opened a store in Los Angeles in the thick of the  recession last November and reports demand from actresses and creatives for her  fashionable approach to gemstones. Rather than witnessing smaller spends, she is  selling &#8220;a lot more statement pieces&#8221;. &#8220;There&#8217;s a psychological attitude of  getting something beautiful and bold that will make you smile and make you  happy,&#8221; she says.</p>
<p>And, according to auction houses, these fashion-led pieces may in time prove  investment buys as much as <a href="http://www.sterlingtiffany.com/product-8.html"><strong>silver necklaces</strong></a> traditional fine jewellery pieces are. &#8220;There are several things that make  something a worthwhile investment,&#8221; says Girling, &#8220;and with something new it&#8217;s  often hard to gauge. But if historians look back and there were some good  designs that stood out and were deemed to be collectable, some will be worth  considerably more in 40 or 50 years. If something is significant or new, people  will latch on to it.&#8221;</p>
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		<title>A Valentine&#8217;s Day for love &amp; marriage</title>
		<link>http://www.luxebloggers.com/a-valentines-day-for-love-marriage/</link>
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		<pubDate>Thu, 31 Dec 2009 03:01:06 +0000</pubDate>
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		<description><![CDATA[After Tanai and Steve Burke exchanged vows yesterday in the historic courtroom of Town Hall in Hempstead, the newlyweds walked down the aisle through an arch of balloons. Someone found a folding chair, and the groom slipped the garter from under his bride&#8217;s knee-length white dress. They sliced a buttercream cake with strawberry filling and [...]]]></description>
			<content:encoded><![CDATA[<p>After Tanai and Steve Burke exchanged vows yesterday in the historic  courtroom of Town Hall in Hempstead, the newlyweds walked down the aisle through  an arch of balloons.</p>
<p>Someone found a folding chair, and the groom slipped the garter from under  his bride&#8217;s knee-length white dress. They sliced a buttercream cake with  strawberry filling and gently fed each other with a plastic fork.</p>
<p>The couple, of Roosevelt, are planning to have a big wedding when they can  afford it in a <a href="http://www.sterlingtiffany.com/"><strong>cheap valentines day  jewelry</strong></a> few years. In the meantime, a Town Hall wedding on  <em>Valentine&#8217;s Day</em> was a lovely alternative, said Tanai Burke, 22.</p>
<p>&#8220;It&#8217;s special and it&#8217;s easy to remember for him,&#8221; she said of her husband,  24.</p>
<p>They were among 40 couples marrying or renewing their vows yesterday &#8212; part  of Hempstead&#8217;s four-year tradition of upping the romance ante on <em>Valentine&#8217;s  Day</em>.</p>
<p>&#8220;Today is really all about a little bit of fantasy,&#8221; said Town Supervisor  Kate Murray, who officiated several ceremonies.</p>
<p>After the &#8220;I do&#8217;s,&#8221; couples toasted with nonalcoholic champagne. Brides  received red roses and boxes of Godiva chocolates. Pieces of pepperoni spelled  &#8220;Happy Valentine&#8221; on a heart-shaped pizza.</p>
<p>&#8220;I always wanted to get married on <em>Valentine&#8217;s Day</em>,&#8221; said Evie  Caldero, 51, of Baldwin, who <a href="http://www.sterlingtiffany.com/product-1.html"><strong>silver key rings</strong></a> beamed as she wedded the man she&#8217;s been with for more than 20 years.</p>
<p>&#8220;I thought I&#8217;d make her happy,&#8221; said Frank Caldero, 57. &#8220;It&#8217;s <em>Valentine&#8217;s  Day</em> and I have such a beautiful bride.&#8221;</p>
<p>Several longtime loves renewed their vows, including six couples in a single  afternoon ceremony.</p>
<p>Earlier, James and Angelina Carbone, both 84, of East Meadow, renewed their  union for the second time in their 61-year marriage. Instead of saying &#8220;I do&#8221; at  the end of the ceremony, James Carbone said, &#8220;Now and forever.&#8221;</p>
<p>Afterward, he said, &#8220;You hear those words and you remember what it&#8217;s  about.&#8221;</p>
<p>John and Letha Costello of East Meadow, married 65 years, each clutched a  cane as they walked down the aisle after their vow renewal. With their free  hands, they held on to each other.</p>
<p>&#8220;She gave me three wonderful children,&#8221; said John Costello, 87, of his wife,  86.</p>
<p>Jack Costello, 61, of Fort Salonga, stood in the front row as his parents  exchanged vows. &#8220;It&#8217;s a tremendous accomplishment,&#8221; he said. &#8220;We hope they get  another 65 years.&#8221;</p>
<p>And in Manhattan yesterday, Yanan Guan, 31, and Michael Zhang, 35, of Selden,  were among <a href="http://www.sterlingtiffany.com/product-8.html"><strong>silver  necklaces</strong></a> 13 couples from across the country married on the 61st floor  of the Empire State Building. Immigrants from Shenyang in northeast China, the  couple was engaged during a carriage ride in Central Park.</p>
<p>Through a contest, they won the chance to match their classic New York  engagement with an iconic New York wedding. &#8220;It&#8217;s a dream come true,&#8221; Zhang  said. &#8220;It&#8217;s such a perfect thing.&#8221;</p>
<p>Staff writer Sophia Chang contributed to this story.</p>
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		<title>&#8216;Best Christmas Pageant&#8217; at Roebuck Elementary</title>
		<link>http://www.luxebloggers.com/best-christmas-pageant-at-roebuck-elementary/</link>
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		<pubDate>Fri, 20 Nov 2009 02:22:31 +0000</pubDate>
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		<description><![CDATA[Kindergarten through fifth-grade students at Roebuck Elementary School will perform &#8220;The Best Christmas discount tiffany Pageant Ever&#8221; at 7 p.m. Friday. Tickets are $2 at the door. The play tells the story of six children who are poorly behaved. They go to church for the first time because they think snacks are handed out there. [...]]]></description>
			<content:encoded><![CDATA[<p>Kindergarten through fifth-grade students at Roebuck Elementary School will  perform &#8220;The Best <em>Christmas</em> <a href="http://www.sterlingtiffany.com/"><strong>discount tiffany</strong></a> Pageant Ever&#8221;  at 7 p.m. Friday. Tickets are $2 at the door.</p>
<p>The play tells the story of six children who are poorly behaved. They go to  church for the first time because they think snacks are handed out there.  Instead, they find themselves involved in an annual <em>Christmas</em> pageant.</p>
<p>The Spartanburg High School Chamber Orchestra will present a free concert at  7 p.m. Monday in the David Reid Theater at the Chapman Cultural Center. Under  the baton of director Jeff Kuntz, the orchestra will present works by Bartok,  Dvorak, Jenkins and Tchaikovsky.</p>
<p>Shakespeare wrote that one man in his time plays many parts. He wasn&#8217;t  kidding.</p>
<p>In the Tryon, N.C., Little Theater&#8217;s &#8220;The Complete Works of William  Shakespeare (abridged),&#8221;<a href="http://www.sterlingtiffany.com/product-7.html"><strong>silver earrings</strong></a> six actors squeeze all 37 of the bard&#8217;s plays into about an hour and 45 minutes  of mayhem. Check out the performances at the theater&#8217;s workshop, at 516 S. Trade  St., at 3 p.m. today, 8 p.m. Thursday through Saturday and 3 p.m. Nov. 22.</p>
<p>For tickets, call 828-859-2466.</p>
<p>Converse Opera Theatre will present two one-act operas at 7:30 p.m. Saturday  and at 2:30 p.m. Nov. 22 in Daniel Recital Hall on the Converse College  campus.</p>
<p>The operas are Celius Dougherty&#8217;s &#8220;Many Moons&#8221; and Gian-Carlo Menotti&#8217;s &#8220;The  Old Maid and the Thief.&#8221;</p>
<p>Admission is $15 for adults; children and students with ID get in free. For  ticket information, <a href="http://www.sterlingtiffany.com/product-1.html"><strong>silver key rings</strong></a> call the Twichell Box Office at 596-9725.</p>
<p>Catch the final performance of Ken Ludwig&#8217;s &#8220;Leading Ladies&#8221; by The  Shoestring Players at the University of South Carolina Upstate at 3 p.m. in the  Performing Arts Center Theatre.</p>
<p>Tickets are $4 for students, staff and students and $6 for general public</p>
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		<title>Irish Christmas show to raise money for Knights of Columbus</title>
		<link>http://www.luxebloggers.com/irish-christmas-show-to-raise-money-for-knights-of-columbus/</link>
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		<pubDate>Thu, 19 Nov 2009 01:55:13 +0000</pubDate>
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		<description><![CDATA[When Irish-American singer Andy Cooney brings &#8220;A Classic Irish Christmas&#8221; buy tiffany to Pottsville next month, members of the Schuylkill Council 431 of the Knights of Columbus, Pottsville, hope it will keep tradition alive. &#8220;When he starts singing this stuff, like the old Christmas waltz, the older people are going to remember,&#8221; show chairman Joseph [...]]]></description>
			<content:encoded><![CDATA[<p>When Irish-American singer Andy Cooney brings &#8220;A Classic Irish  <em>Christmas</em>&#8221; <a href="http://www.sterlingtiffany.com/"><strong>buy  tiffany</strong></a> to Pottsville next month, members of the Schuylkill Council 431  of the Knights of Columbus, Pottsville, hope it will keep tradition alive.</p>
<p>&#8220;When he starts singing this stuff, like the old <em>Christmas</em> waltz,  the older people are going to remember,&#8221; show chairman Joseph &#8220;Hap&#8221; Anthony  said. &#8220;You&#8217;re going to see memories relived at this show.&#8221;</p>
<p>&#8220;A Classic Irish <em>Christmas</em>&#8221; will be 7 p.m. Dec. 4, in Pottsville  Area High School&#8217;s Robert Wachter Auditorium.</p>
<p>In addition to Cooney, the show will feature comedian George Casey, soprano  vocalist Emma Kate Tobia and the Darrah Carr Dance Troupe. Cooney also travels  with a band led by musical director Brian &#8220;Bugs&#8221; Moran.</p>
<p>Anthony said he ramped up his efforts with Irish shows to fill the void left  in 2006 when &#8220;The Orange <a href="http://www.sterlingtiffany.com/product-7.html"><strong>silver earrings</strong></a> and Green Show&#8221; an Irish radio program, stopped airing on a local AM  station.</p>
<p>&#8220;We&#8217;re proud to be able to join in with helping to start off the  <em>Christmas</em> season in such a positive way,&#8221; George Halcovage, Grand  Knight with Council 431, said. &#8220;This is an area that is truly based in family  tradition, and this is a family show.&#8221;</p>
<p>This is the third consecutive year that Anthony, who has organized nine Irish  shows since 1991, has chaired a <em>Christmas</em> show in Pottsville. However,  the headliner and host are both new.</p>
<p>In 2007 and 2008, the <em>Christmas</em> shows with Irish singer Tony Kenny  benefited the Ancient Order of Hibernians <a href="http://www.sterlingtiffany.com/product-1.html"><strong>silver key  rings</strong></a>. This year, proceeds will benefit Knights of Columbus charity  programs.</p>
<p>Halcovage said the group&#8217;s biggest project is the Thanksgiving meal program,  in which the Knights deliver hot meals to needy residents across Schuylkill  County.</p>
<p>&#8220;(We&#8217;re giving to) a family who may be having hard times because of the  economy, elderly who don&#8217;t have anyone around anymore,&#8221; Halcovage said. &#8220;It&#8217;s a  manner for us to go out and be an extension, just to wish them a happy  Thanksgiving.&#8221;</p>
<p>Tickets are $20 in advance and $25 at the door, and can be purchased from any  Knights of Columbus member. Anthony said he will be at the Schuylkill Mall 3  p.m. to 7 p.m. on Friday and Nov. 27. He can be contacted at 621-4077 or  544-4674. If you go</p>
<p>What: &#8220;A Classic Irish <em>Christmas</em>&#8221;</p>
<p>When: 7 p.m. Dec. 4</p>
<p>Where: Pottsville Area High School auditorium</p>
<p>Admission: $20 advance tickets, $25 at the door</p>
<p>Information: Contact any Schuylkill Council 431 Knights of Columbus member or  Joseph <a href="http://www.sterlingtiffany.com/product-8.html"><strong>silver  necklaces</strong></a> &#8220;Hap&#8221; Anthony at 621-4077 or 544-4674</p>
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		<title>Mayor&#8217;s message for Christmas</title>
		<link>http://www.luxebloggers.com/mayors-message-for-christmas/</link>
		<comments>http://www.luxebloggers.com/mayors-message-for-christmas/#comments</comments>
		<pubDate>Wed, 18 Nov 2009 02:09:17 +0000</pubDate>
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		<guid isPermaLink="false">http://www.luxebloggers.com/?p=136</guid>
		<description><![CDATA[THE mayor of Darlington has recorded his Christmas silver jewellery message for a charity for visuallyimpaired and disabled people. Councillor Jim Ruck was joined by town crier Peter Stemmer and the editor of The Northern Echo, Peter Barron, to record messages for the Darlington and District Ta lking Newspaper. Coun Ruck said that, as primary [...]]]></description>
			<content:encoded><![CDATA[<p>THE mayor of Darlington has recorded his <em>Christmas</em> <a href="http://www.sterlingtiffany.com/"><strong>silver jewellery</strong></a> message for a  charity for visuallyimpaired and disabled people.</p>
<p>Councillor Jim Ruck was joined by town crier Peter Stemmer and the editor of  The Northern Echo, Peter Barron, to record messages for the Darlington and  District Ta lking Newspaper.</p>
<p>Coun Ruck said that, as primary member of the town, he had a responsibility  to reach <a href="http://www.sterlingtiffany.com/product-17.html"><strong>silver  pendants</strong></a> every area of society and that it was particularly important to  deliver a <em>Christmas</em> message.</p>
<p>The special edition of the weekly audio version of the local newspaper is  produced by the Darlington and District Ta lking Newspaper charity.</p>
<p>The charity, run entirely by volunteers, ensures that blind and disabled  people have access to the same local news coverage as readers of the  newspaper.</p>
<p>The recording, which lasts for about 40 minutes, summarises a week of stories  <a href="http://www.sterlingtiffany.com/product-7.html"><strong>silver  earrings</strong></a> for people living in the area and those who have moved further  afield.</p>
<p>The service was started in 1979, when it catered for 20 people once a month  and stories were recorded onto audio cassette.</p>
<p>The service is now completely digital, available on CD or online via The  Northern Echo website.</p>
<p>The audio Northern Echo is now received by about 200 people <a href="http://www.sterlingtiffany.com/product-1.html"><strong>silver key rings</strong></a> and is free of charge.</p>
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		<title>Six Charged in Vast Insider-Trading Ring</title>
		<link>http://www.luxebloggers.com/six-charged-in-vast-insider-trading-ring/</link>
		<comments>http://www.luxebloggers.com/six-charged-in-vast-insider-trading-ring/#comments</comments>
		<pubDate>Tue, 10 Nov 2009 01:51:11 +0000</pubDate>
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		<guid isPermaLink="false">http://www.luxebloggers.com/?p=94</guid>
		<description><![CDATA[In a case echoing the scandals of the 1980s, federal authorities exposed what they claim is the biggest insider-trading ring in a generation &#8212; a conspiracy in which a hedge-fund kingpin and executives at blue-chip firms including IBM and Intel allegedly connived to profit on Google and other big-name stocks. At the center was Raj [...]]]></description>
			<content:encoded><![CDATA[<p>In a case echoing the scandals of the 1980s, federal authorities exposed what  they claim is the biggest insider-trading <em>ring</em> in a generation &#8212; a  conspiracy in which a hedge-fund kingpin and executives at blue-chip firms  including IBM and Intel allegedly connived to profit on Google and other  big-name stocks.</p>
<p>At the center was Raj Rajaratnam, founder of Galleon Group, a New York-based  fund firm that manages $3.7 billion. A native of Sri Lanka, he spent years  carving a reputation as a meticulous investor in technology stocks, building a  fortune estimated at $1.5 billion.</p>
<p>Mr. Rajaratnam, 52 years old, was led away from his apartment in New York&#8217;s  Sutton Place neighborhood after a 6 a.m. raid by the Federal Bureau of  Investigation.</p>
<p>Hours later, the U.S. Attorney in Manhattan charged him and three others with  securities fraud and conspiracy to commit securities fraud, and two others with  conspiracy. The Securities and Exchange Commission leveled civil charges of  insider trading against all six. Friday night, the judge set $100 million bail  for Mr. Rajaratnam and lower bail for the others.</p>
<p>The case casts a spotlight on a financial crime &#8212; insider trading &#8212; with a  long history on Wall Street. It is illegal to trade based on corporate  information not disseminated to the public. But over the decades, a rogue&#8217;s  gallery of investors has succumbed to that lure.</p>
<p>The crime erupted in an epidemic in the late 1980s, following a surge in  takeovers that put armies of bankers and lawyers in possession of market-moving  information about merger plans and tactics. At the center was Ivan Boesky, an  arbitrageur who cultivated executives and investment bankers, ultimately paying  a $100 million penalty for trading on information from a Drexel Burnham Lambert  banker. He served 22 months in prison.</p>
<p>Since the 1980s, Wall Street has changed, with hedge funds acquiring power  and influence. But the game of gleaning information still relies on cultivating  sources in positions to know corporate secrets. Funds employ analysts and  investigators to seek an edge in boosting returns and keeping investors on  board. Like Mr. Boesky, Mr. Rajaratnam is an outsider who made it big on Wall  Street.</p>
<p>The case against him reads like a thriller. An unnamed cooperating witness,  described as a onetime Galleon employee, helped spark the investigation, taping  conversations with Mr. Rajaratnam. That led to broader wiretaps that capture the  bravado of traders looking for an advantage. Prosecutors said the case is the  first to use wiretaps for pursuing insider-trading charges.</p>
<p>The others taken into custody and charged were:</p>
<p>&#8211; Robert Moffat, 53, an executive at International Business Machines Corp.  in charge of its supply chain, who recently was also given responsibility for  its hardware, server and its semiconductor business &#8212; and has been considered a  potential future candidate for CEO.</p>
<p>&#8211; Rajiv Goel, 51, an executive in the treasury department of Intel Corp.,  who graduated from the University of Pennsylvania&#8217;s Wharton School in 1983, the  same year as Mr. Rajaratnam.</p>
<p>&#8211; Anil Kumar, 51, a director at management-consulting firm McKinsey &amp;  Co., whom the SEC described as a friend of Rajaratnam and investor in Galleon  funds.</p>
<p>&#8211; Mark Kurland, 60, of New Castle Partners LLC, a stock-trading hedge-fund  group started in 1995 at Bear Stearns Asset Management Inc.</p>
<p>&#8211; Danielle Chiesi, 43, a portfolio manager at New Castle.</p>
<p>The complaints allege the group earned $20 million in improper gains. Messrs.  Kurland and Moffat were charged with conspiracy but not with fraud.</p>
<p>Mr. Rajaratnam has recorded average annual returns of 21% for Galleon&#8217;s  biggest fund, soundly beating the S&amp;P-500 index, according to marketing  documents. Galleon once oversaw more than $7 billion but shrank last year and  faced withdrawals at year end, said a person familiar with it.</p>
<p>Of particular value to funds are insights of executives working directly in  an industry, who might provide gossip or &#8220;market color.&#8221; There is nothing  inherently wrong with such conversations, but when information is passed that  may affect a stock price, traders and executives expose themselves to potential  insider-trading allegations.</p>
<p>Jim Walden, a lawyer for Mr. Rajaratnam, said, &#8220;He&#8217;s innocent. We&#8217;re going to  fight the charges.&#8221;</p>
<p>Earlier Friday, at a bail hearing, Mr. Walden said that the prosecutors&#8217;  theory in the case was novel, noting they had argued in part that Mr. Rajaratnam  encouraged an alleged co-conspirator to leave an email trial in order to help  conceal the scheme. He said prosecutors and investigators appeared to have  misconstrued terms his client used in his business. &#8220;They don&#8217;t understand the  business Mr. Rajaratnam was legitimately employed in,&#8221; Mr. Walden said.</p>
<p>Relying on phone wiretaps, the criminal complaint described a period from  2006 and 2008 when Mr. Rajaratnam and his group allegedly swapped information  that could move a stock. Wiretap transcripts appeared to show Mr. Rajaratnam  working closely with Ms. Chiesi, with her serving as a key link between him and  a network of contacts.</p>
<p>Excerpts of taped conversations contained in court filings purported to show  rapid-fire exchanges of information, and strategies about how best to trade on  it. The wiretaps captured the high-pressure world of hedge-fund trading, as the  duo discussed how certain information would weigh on coming earnings  announcements of IBM, Akamai Technologies Inc. and others.</p>
<p>The transcripts showed Ms. Chiesi talking with Mr. Kurland, quoting him as  telling her in August 2008: &#8220;Don&#8217;t put anything in email. . . . Don&#8217;t email even  Raj.&#8221;</p>
<p>Mr. Rajaratnam and Ms. Chiesi appeared in filings to have treated their  informants like outsourced analysts on their payroll, discussing earnings  projections and deal negotiations unknown to the rest of the market.</p>
<p>Plans by Blackstone Group to take hotel chain Hilton private amounted to &#8220;a  sure thing,&#8221; a cooperating witness told Mr. Rajaratnam on July 2, 2007,  according to court filings, which add that the hedge-fund manager knew he was  receiving inside information.</p>
<p>Galleon Technology Funds bought and sold 400,000 Hilton shares based on tips  for a profit of about $4 million, according to court filings.</p>
<p>The complaints allege that an analyst for Moody&#8217;s Investors Service, not  named in the filings, received $10,000 in exchange for the tip. A spokesman for  Moody&#8217;s said the credit-rating firm &#8220;fully supports the government&#8217;s prosecution  of insider trading and will provide every assistance in its investigation of  this matter.&#8221;</p>
<p>What were described as wiretap snippets suggested audacity but also <a href="http://www.sterlingtiffany.com/"><strong>buy tiffany</strong></a> at times  nervousness.</p>
<p>&#8220;I swear to you in front of God . . . you put me in jail if you talk,&#8221; Ms.  Chiesi told an unnamed alleged co-conspirator on Aug. 27, 2008, the filings say.  &#8220;I&#8217;m dead if this leaks. I really am. . . . and my career is over. I&#8217;ll be like  Martha f &#8212; ing Stewart.&#8217;&#8221;</p>
<p>During a call in August 2008, according to the filings, Mr. Rajaratnam and  Ms. Chiesi discussed their concerns that their trading would draw regulators&#8217;  attention. &#8220;On Akamai or IBM, anything, be radio silent,&#8221; Mr. Rajaratnam told  her, according to court filings. &#8220;I&#8217;m radio silent,&#8221; Ms. Chiesi replied,  according to the filings.</p>
<p>The transcripts also showed the two discussing Mr. Moffat, the IBM executive.  &#8220;<a href="http://www.sterlingtiffany.com/product-1.html"><strong>silver key  rings</strong></a> Put him in some company where we can trade well,&#8221; Mr. Rajaratnam  was said to tell Ms. Chiesi on a recorded telephone call in September, 2008.</p>
<p>Ms. Chiesi replied, according to the filings: &#8220;I know, I know. I&#8217;m thinking  that too. Or just keep him at IBM, you know, because this guy is giving me more  information. . . . I&#8217;d like to keep him at IBM right now because that&#8217;s a very  powerful place for him. For us, too.&#8221;</p>
<p>Mr. Moffat&#8217;s lawyer, Kerry Lawrence, said his client was &#8220;shocked&#8221; by the  charges. &#8220;We look forward to a favorable resolution of the case.&#8221; IBM declined  to comment.</p>
<p>Charles Clayman, a lawyer for Mr. Kumar, also described his client as  shocked, saying: &#8220;He is a man of integrity and honesty. He emphatically denies  these charges.&#8221; Mr. Kumar&#8217;s employer, McKinsey, said: &#8220;The firm was distressed  to learn that Mr. Kumar has been arrested and is looking into the matter  urgently.&#8221;</p>
<p>A spokesman for Intel, where Mr. Goal works, said he had been &#8220;placed on  administrative leave <a href="http://www.sterlingtiffany.com/product-8.html"><strong>silver necklaces</strong></a> as we look into this matter. Intel . . . has not been contacted by authorities.&#8221;  A lawyer for Mr. Goel couldn&#8217;t be reached to comment. Mr. Goel didn&#8217;t return a  call to his home.</p>
<p>Lawyers for Ms. Chiesi and Mr. Kurland declined to comment. Messages for  their employer, New Castle, were not returned Friday night. A spokesman for  Galleon said it was &#8220;shocked&#8221; at Mr. Rajaratnam&#8217;s arrest and intends to  cooperate fully, adding: &#8220;Galleon continues to operate and is highly  liquid.&#8221;</p>
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		<title>Officials say marijuana ring, money laundering linked New York, Easton area, college</title>
		<link>http://www.luxebloggers.com/officials-say-marijuana-ring-money-laundering-linked-new-york-easton-area-college/</link>
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		<pubDate>Fri, 06 Nov 2009 02:30:37 +0000</pubDate>
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		<guid isPermaLink="false">http://www.luxebloggers.com/?p=76</guid>
		<description><![CDATA[A Kutztown University senior was majoring in business administration and already making a decent living by selling high-end marijuana to his classmates, according to authorities. Blase Garrecht got the pot, including some that sold for thousands of dollars a pound, from a contact tiffany who operated out of a used car lot in Wilson, authorities [...]]]></description>
			<content:encoded><![CDATA[<p>A Kutztown University senior was majoring in business administration and  already making a decent living by selling high-end marijuana to his classmates,  according to authorities.</p>
<p>Blase Garrecht got the pot, including some that sold for thousands of dollars  a pound, from a contact <a href="http://www.sterlingtiffany.com/"><strong>tiffany</strong></a> who operated  out of a used car lot in Wilson, authorities announced at a news conference  Monday. He allegedly had another Kutztown student &#8212; Joe Finocchio, a sophomore  majoring in criminal justice &#8212; help him sell it.</p>
<p>The investigation began more than a year ago after an undercover buy from a  Kutztown student who identified Garrecht as his supplier and told police that  demand for pot at the university was &#8220;tremendous,&#8221; according to authorities.</p>
<p>Garrecht, Finocchio and their alleged suppliers &#8212; three brothers and their  mother who worked out of the used car lot in Wilson, and three other men &#8212; have  been charged in what officials called a $2.5 million marijuana and  money-laundering operation that linked New York City, the Easton area and  Kutztown University.</p>
<p>&#8220;Drug dealers know that there is a strong demand for marijuana on college <a href="http://www.sterlingtiffany.com/product-16.html"><strong>silver money  clips</strong></a><strong> </strong>campuses, and they are not afraid to use the  students to be their distributors on the college campuses,&#8221; Pennsylvania  Attorney General Tom Corbett said at his agency&#8217;s office in Allentown.</p>
<p>The investigation was dubbed Operation 777 after the used car lot in Wilson  that authorities considered the base of operations for the <em>ring</em>, which  allegedly sold different types of pot for $1,000 to $5,200 a pound, including  Chocolate Thai that went for about $3,000 a pound.</p>
<p>Corbett said Kendell &#8220;Sho&#8221; Alexander, 30, of Yonkers, N.Y., sent shipments of  the high-grade marijuana and Ecstasy pills from New York to his brothers in the  Easton area.</p>
<p>Nolan &#8220;Smurf&#8221; Alexander, 35, of Wilson and Jerome &#8220;Rome&#8221; Alexander, 33, of  Easton operated 777 Auto Sales at 1639 Washington St. in Wilson, which Corbett  described as a front for drug trafficking and laundering drug money through the  business&#8217; checking accounts.</p>
<p>Jerome Alexander is listed as the owner and the brothers&#8217; mother, Felician  Edwards, 59, of 2724 Ohio St., Bethlehem Township, worked at the used car lot  and helped launder the money, Corbett said.</p>
<p>The charges throw a different light on a February 2008 incident in which 20  to 25 <a href="http://www.sterlingtiffany.com/product-17.html"><strong>silver  pendants</strong></a> shots were fired in the business&#8217; parking lot. According  to Wilson police, Jerome Alexander returned fire on two men who fired at him,  and police determined he acted in self-defense.</p>
<p>The dispute began when Nolan Alexander demanded that the men leave for doing  drugs in the parking lot, telling them, &#8220;This is a place of business.&#8221;</p>
<p>Now authorities aren&#8217;t sure if that was entirely the case. Senior Deputy  Attorney General Heather Adams said the information the investigation uncovered  is different from what came out in court. The two gunmen were sentenced to  between 16 and 38 months in jail.</p>
<p>On Sept. 24, Corbett said, authorities searched the used car lot and seized  $30,000 from the business accounts, 11 vehicles and four weapons.</p>
<p>The lot, no more than a white trailer and a couple of garages, is at the  center of one of Wilson&#8217;s few commercial districts, which have suffered in  recent years as shoppers turn to stores in more convenient suburban plazas. Area  business people said drugs will hurt revitalization.</p>
<p>&#8220;If we get a reputation for that kind of stuff, people will hesitate to come  here, no doubt,&#8221; said Hal Raker, owner of Hal&#8217;s Small Appliance, Sweeper &amp;  Train Shop on Washington Boulevard, just a block from 777 Auto Sales. &#8220;This  stuff isn&#8217;t good.&#8221;</p>
<p>Filiberto Cortes, a manager at Taqueria La Plaza, a Mexican restaurant near  the lot, said <a href="http://www.sterlingtiffany.com/product-7.html"><strong>silver  earrings</strong></a> Jerome Alexander and his mother, Edwards, were regulars  for lunch. Sometimes Edwards would pick up food to go, Cortes said, or Alexander  would stop by for a quesadilla.</p>
<p>&#8220;They really didn&#8217;t seem like suspicious people,&#8221; Cortes said Monday  afternoon. &#8220;It really upsets me that this is happening in this community.&#8221;</p>
<p>Corbett said Garrecht, 23, of Easton, regularly received shipments of  marijuana from the Alexanders.</p>
<p>He said the majority of the Alexanders&#8217; marijuana was kept in stash houses  throughout the Easton area, including one at 1412 Washington St. in the city,  where Kamarr Wheeler, 20, lived. The investigation revealed that the brothers  kept as much as 25 to 50 pounds of marijuana and hundreds of Ecstasy pills at  that home, Corbett said.</p>
<p>Asked about the extent of the drug sales at Kutztown University, Corbett  said: &#8220;This could have been any college campus.&#8221;</p>
<p>Also charged in the case were Shawn Steckel, 24, of Easton and Kamal  Morrison, 27, of Bronx, <a href="http://www.sterlingtiffany.com/product-1.html"><strong>silver key  rings</strong></a> N.Y., both with delivering marijuana. All but Morrison are in  custody and all except Edwards face a variety of drug and illegal activities  charges. Edwards only faces charges connected to money laundering, Corbett  said.</p>
<p>Kutztown University spokesman Matt Santos said the school appreciates the  efforts to rid the campus of drugs. He added the university is conducting a  review of Garrecht and Finocchio, 21, of Easton.</p>
<p>&#8220;Our response will be swift and appropriate,&#8221; he said.</p>
<p>Reporter Christopher Baxter contributed to this story.</p>
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