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NEW YORK, Aug 29 ? Longtop Financial Technologies Ltd (LGFTY.PK) said on Monday it may face civil charges by the U.S. Securities and Exchange Commission, signaling stepped-up regulatory enforcement of possible accounting irregularities at Chinese companies.
In an SEC filing, the maker of software for Chinese financial services companies said it received a "Wells notice" from the SEC on Aug 24. Such a notice indicates that SEC staff plans to recommend that the Commission take legal action, and gives a company a chance to mount a defense.
Longtop said the Wells notice stemmed from its May 23 announcement that auditor Deloitte Touche Tohmatsu CPA Ltd had resigned, and that the company's annual reports from 2008, 2009 and 2010 should not be relied upon. It also said the SEC will decide whether to suspend or revoke its securities.
In May, Longtop linked Deloitte's resignation to what the auditor called "recently identified falsity" in company financial records, and "deliberate interference" by Longtop management in the audit process. Longtop's chief financial officer, Derek Palaschuk, resigned that month.
Longtop is among the largest Chinese companies linked this year to potential accounting fraud, often by research firms and short sellers such as Citron and Muddy Waters.
Since March, roughly 30 Chinese companies have seen their auditors resign, and more than two dozen have been delisted from U.S. exchanges.
Based in Xiamen, Longtop had a $1.08 billion market value prior to a May 17 trading halt. The New York Stock Exchange is delisting its American depositary receipts. The ADRs closed Friday at 66 cents on the Pink Sheets.
(Reporting by Jonathan Stempel; Editing by Derek Caney)
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After Hurricane Irene made landfall early this morning, she proceeded to plow her way up north, taking power lines out with her. Check back here for updates and video as the storm continues on its path of destruction. More »
Humans grow quickest in its childhood. There is a traditional indisputable fact that grown ups will not own new brain cells. Research conducted recently shows that this conventional idea is incorrect. Although we now have developed into grown ups, the brain can still grow. Now study shows that sports activities can be cultivated the mind. Right now I will list seven types of sports activities that may develop the mind.
We ought to realize that exercise, particularly aerobic exercise can perform good towards the regeneration of tissue. The brain requires a large amount of air when taking as well as sending info.
1. Health and fitness walking
Like a kind of effective lung and heart physical exercise, health and fitness walking can increase the heartbeat through 13% when compared with ordinary strolling.
2. Dancing
Be lacking in stable well balanced capacity, a person can not do some gestures flexibly. Also it can additionally influence the introduction of the actual purpose of right and left brain, particularly the tissues associated with remaining brain. People aren?t the same as animals. These people created with food well balanced capacity. however people can improve their well balanced ability through some exercise especially dance.
3. Skiing
Because the world is actually developing right into a world of equality and freedom, every person can now proceed skiing?a king of sports that?s popular with individuals aristocracy. Skiing can practice the response speed because it needs the close team work associated with eye, hands, legs as well as ft. In addition, skiing can enhance the confidence whenever dealing with various challenges.
4. Cycling
Bicycling can compress the blood vessels and increase the pace associated with blood circulation making the mind take in much more oxygen. Following bicycling, you can have more clear thinking.
5. Actively playing ping-pong
Study shows that actively playing ping-pong needs the mind to complete considering rapidly which can promote the actual blood flow associated with brain and supply sufficient power for the mind.
6. Yoga exercise
Study demonstrates that yoga can improve the intellectual level of people. This is because yoga exercise can make people feel relaxed and improve the controllability of entire body.
7. Cross-Country orienteering
Cross-country orienteering requires individuals to personal great judging capability as well as learning capability. This can be a second time learning of various knowledge upon math, geography, biography, physics etc.
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Part of the process of spiritual cleansing is to relax or to calm the mind. The mind works much faster than the body. And not everyone knows how to rest the mind. So much for not lying on the mind. This leads to problems after a while. "Doubt and fear can in a spirit that knows no rest to grow. For those who know how to calm the mind is the experience of peace and his spirit is renewed.
The first step towardsCalming the mind is calm for the body. If we can relax the muscles and nervous system in, then the mind is refreshed. At the same time you have to throw away the fear, worries, doubts and fears. This can be through proper breathing.
According to Hazrat Inayat Khan, the great Indian mystic and musician, created great appeal to calm and purify the spirit. This magnet has the ability to attract someWishes. This is similar to The Secret, if you are with the movie and concept. This is also known as the Law of Attraction.
To soothe the body is first necessary to sit in an upright position with hands on her lap. The spine should be straight and open the chest. This allows energy to flow in the area of ??the heart and also helps maintain focus during meditation and breathing exercises.
Next, you close your eyes and then connecting to your normal, everydayBreathing. Just follow the inhales and exhales. Breathing becomes deeper, slower, quieter and more rhythmic. Your body is relaxed and your heart rate becomes slower and more regular as well.
As you continue to focus on your breathing to your mind begins to relax. When you exhale, you can reject anything you do not need, mentally, physically and emotionally to think about. As you inhale, think to renew and redeem all you need. Inhalation is to inspire,Inspiration to get into the spirit. Breathing out is to let go and send in the body.
This will lead to the purification of mind and a calm mind. It is the state of meditation and you can try it for 20 minutes a day if possible.
Health and fitness are important parts of living a happy, pleasant life. More energy, long life, and fewer health threats are all benefits of balanced nutrition and regular exercise. Women in particular have particular needs on the subject of their health. One the easiest way for a woman to attain great personal fitness is to start using a women?s in home Plano personal trainer. These experts will visit your home on a regular basis, removing the need to continually find the motivation to make the trip to a health club. But this motivation is just a small advantage they can offer women.
A female in home personal trainer Plano TX knows the unique needs of a woman?s body far better than any man can. She will work with you to survey your fitness goals and then design an overall plan targeted at your distinct needs. Your workouts could involve a broad number of different aspects including cardio training, flexibility training, yoga, stability training, and more. And to help keep you from becoming disillusioned and bored, your trainer will consistently change your workouts. Trainers are regularly learning new workouts and exercises, so you?ll continually be enjoying fresh workouts. This will keep you enthusiastic and excited about each workout session.
Your trainer will be peer-matched to you based on your personality, and needs. It?s vital that you feel a connection to your personal trainer, and this peer-matching ensures that you can do exactly that. A mature woman may well not gain as much from her workouts if she is working out with a nineteen year old who would not have an understanding of her body?s needs, for example. And as you sort out your programs with a women?s in home personal trainer Plano Texas, you?ll also be matched up with a medical professional who will help you form good eating habits. Combining proper diet with regular exercise will ensure you remain on the road to stellar fitness.
Ladies frequently feel more embarrassment about themselves than men do. Visiting fitness centers or even working at home with a male personal trainer normally causes them to feel ashamed, nervous, and embarrassed. Being able to exercise from the privacy of your home with another woman as your trainer is an effective way of avoiding these feelings and stay enthusiastic as you work towards your goals. If you are serious about enhancing your fitness, a female in home Plano personal trainer can provide you with the tools and enthusiasm that you need to get in shape and reach your goals.
Many fervent fishers put a lot of money into superior fishing tackle, especially sea fishing gear. A big problem, though, is that many of these dedicated fishermen don?t take care in the upkeep of their sea fishing tackle.
Unless you want to see your investment lost, it ought to be of great relevance to keep your gear in tip-top shape if you fish in salt water.
Sea Fishing Tackle: Correct Maintenance of Your Fishing Rod
As salt water is extremely corroding, you need to rinse your rod with clean fresh water after usage and immediately afterwards use a mild soap solution in order to wash away the salt. Always look carefully at the guides as well as the windings which are holding these guides for fraying, cuts and nicks. Be careful not to rest a fishing rod against a wall as it will warp the rod. For storage, either place your rod in a horizontal position on a level surface or place it in a vertical position inside a specially designated rod holder.
Sea Fishing Tackle: Proper Maintenance of Your Reel
As I said previously, salt water is highly corrosive. When the fishing is done, rinse your reel with fresh water or wipe it down totally. Be careful not to hold your reel under running water, you could do some damage to the inside elements of the reel.
Sometimes, fishers use a mild dishwashing liquid or pure soap to wash salt water off their reels. Never use harsh cleaners, and pat it dry using a soft, sanitary cloth. After drying the reel, you should coat it with a high-quality, light lubricating oil. Oil the reel softly and also any moving parts like where the handle and reel join together. Utilise a degreaser to clean the inside parts of your reel when you dismantle it. For difficult to clean spots, you can use paraffin or mineral spirits. Then, make certain to wash of the degreaser prior to reassembly.
It would probably be wise for the service division of the makers to perform a total factory overhaul on the reel; still, after that you should regularly clean it.
Sea Fishing Tackle: On the Subject of Appropriate Storage, Plus Maintenance
In advance to storing, back off the drag in order to relieve stress on the springs and washers. Do not place your reel in a plastic bag as they might hold in dampness, although you think they are dry. In case you will be overhauling your own fishing reel, follow the guidance of the manual and pick well-lit surface. Have all your working supplies prepared for usage.
With proper care and safeguarding, your sea fishing tackle is certain to supply you with continuous years of good service and contentment.
I have been fishing since i was 9 years old and absolutely nothing calms me more. To obtain excellent deals on sea fishing tackle in the united kingdom I happily recommend KeensTackleandguns. Their friendly staff are incredibly knowledgeable and are always very helpful. Take a look at their online sea fishing tackle store for more information or call 01656 722448.
Want a house with timber in it, but don?t want to be responsible for another patch of trees being cut down?? There are several ways to have an environmentally friendly timber house.? One is to make sure you use plantation timber, which has been harvested from a forest that has been grown specifically for ?sustainable? logging, rather than from native forests.? Fortunately, the most common framing timber is radiata pine, which is a plantation timber.? It is both readily available and cost-effective.
Another option is to source second-hand timber from a demolition yard or building recycling depot.?? If it can be incorporated into the design of your house, second-hand timber has more potential both aesthetically and ethically.? It not only has character, with its colouration, nail holes etc, but non-renewable timbers such as Baltic or Oregon Pine, Jarrah, and Victorian Ash can often be found at a bargain price, giving you the variety without destroying any more of these valuable trees. While not exactly timber, bamboo is becoming a popular alternative, especially for flooring. It is strong and durable and unlike most hardwoods, does not shrink or swell.? Bamboo is also a renewable resource, since it is a grass and will re-grow from new shoots when it is cut.
Source: Quartile Research
www.quartileresearch.com.au
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The views expressed in the Port Douglas blogs are not those of Century 21 Port Douglas Real Estate nor the Century 21 franchise.
Well before any humans ducked beneath desks or sought shelter in doorways on Tuesday, wildlife at the zoo started to react to the oncoming earthquake.
In the small mammal house, the red-ruffed lemurs started barking an alarm call, 15 minutes before the shift along the Central Virginia Seismic Zone caused Richter scales to leap at 1:51 p.m. However, the lemur's housemates, the howler monkeys, were not as keen. They only started making noise after the zoo started shaking.
Story: Landmarks inspected for hidden cracks a day after quake
"Animals we know from experimental studies, can hear above and below our range of hearing, that's part of their extra-sensory abilities," said Don Moore, associate director of animal care at the zoo.
Moore also speculated the animals can pick up on vibration through their feet much more acutely than humans, which adds to their "extra senses."
The big mammals also started shrieking before the quake registered. Zookeepers said Iris the Orangutan started "belch vocalizing" before the earthquake started, and didn't quit until it was over. Keepers say the orangutan saves that particular sound for moments of extreme upset and irritation. According to the zoo, about three seconds before things started to shake, the gorilla Mandara gave a yell, gathered up her baby, Kibibi, and then climbed a tree.
Elsewhere in the National Zoo, a flock of flamingos also proved prescient. In the moments before the quake, 64 of the long-legged birds gathered together and huddled up. They stayed in a group throughout the shaking.
The pride of lions also knew what to do. As the ground began to tremble, they drew together and walked away from their shelter in a group. Don Moore said they stood on the opposite side of their enclosure and watched as the structure shook.
But just like humans, some zoo residents barely registered yesterday's major tectonic motion. Zookeepers said throughout the shaking, the giant pandas hardly moved a paw.
Don Moore said none of the zoo's animals were hurt, but after the shakeup, some lost their appetites.
If you want to remove Anti virus pc cillin manually, please follow the instructions below to remove it from your computer. Back up your registry and system, and set a restore point in case of a mistake.
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Anti virus pc cillin is actually a fake antivirus program designed to remove viruses and some other threats on the computers. However, Anti virus pc cillin is not as effective as it claims. Many users complain that itmakes their computers freeze and crash, but they can?t even uninstall or remove it from their computers completely. Here, You Can learn some effective solutions on how to immediately get Anti virus pc cillin out of your computer.
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This is a greasy Cameron media gimmick. It is also very dangerous. Bratton is not even a UK citizen, but Cameron wants to make him Commissioner of London?s Metropolitan Police. This would presumably be a prelude to ?privatising the police?, meaning subcontracting policing jobs to ?security? firms like Blackwater/Xe. The results would be (a) appalling mercenary corruption, and (b) political false flag ops galore.
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13th August 2011 Cat: REVIEWS with No Comments ? by brizzle born and bred
Now-a-days Bad Credit Car Finance is one of the commonly used methods for car finance. For people who have had credit problems previously, the problem is that they couldnt buy a car on a credit. The banks dont offer them loan due to their bad credit history. The lenders also consider whether the person has got a good credit rating and only then they are offered a car loan. This is where the Bad Credit Car Finance takes its role in helping people who couldnt get a credit loan. They are offered by the Lenders for Bad Credit.
Generally banks dont offer loans for people who are self employed, army personnel and those who dont own a house or property. Hence these people suffer from not getting a car loan and are unable to buy a new or better car. Some companies raise voices for helping these people by providing them a credit loan for car finance. The lenders only concern is about your loan repayments in the future. They provide you with the loan, inspite of your bad credit history, payment defaults, tax arrears, self employed status and poor debts. These are the reasons for which banks and traditional lenders dont provide you with a car finance loan. But there are lenders who would offer some best deals, though you have got a poor credit history. These lenders are called as Sub Prime Lenders. They offer loans only to people who have credit scores below 540. Prime and Super Prime Lenders are those who accept cases above 540. There are different types of car loans available in UK. Those people who have a bad credit history could get a car loan through an online financier. These financiers willingly take a risk to help their clients and thus assisting the people with bad credit history. To get a Bad Credit Car Finance, first you have to apply for online form. Once the company verifies your application, it helps you in purchasing the best car by suggesting you the best dealer. There are dealers working with people who are having a history of poor finance. Only
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NEW YORK (Reuters) ? A former Merrill Lynch & Co banker lost an appeal on Friday of his conviction on perjury and obstruction charges over his role in an Enron Corp fraud that involved the sham sale of Nigerian power plant barges.
James Brown, the former banker, alleged the government violated his right to due process by withholding evidence that could have exonerated him.
But a three-judge panel of the 5th U.S. Circuit Court of Appeals in New Orleans said the evidence at best might have marginally helped Brown and would not likely have changed the result.
Sidney Powell, a lawyer for Brown, said she plans to appeal Friday's decision to the entire 5th Circuit.
A jury convicted Brown and other Merrill bankers in 2004 of helping Enron in 1999 engineer a sham sale of the barges to help the energy trader meet analysts' fourth-quarter earnings forecasts.
Prosecutors said Enron disguised a $7 million loan as sale proceeds, while secretly promising it would within six months buy back the barges, located off Nigeria's coast.
Brown served one year in prison before being released. The 5th Circuit previously overturned his conviction on fraud and conspiracy charges.
In his appeal of the obstruction and perjury counts, Brown said the government should have produced evidence, including FBI notes from an interview with former Chief Financial Officer Andrew Fastow, and Senate investigators' notes from an interview with former Treasurer Jeffrey McMahon.
But the 5th Circuit said some of the evidence in fact helped the government's case, while other evidence would have had little impact.
"The favorable evidence that Brown points to is not, even cumulatively, sufficient to give us a definite and firm conviction that it establishes a substantial probability of a different outcome," Circuit Judge Jerry Smith wrote for the court. "There was considerable evidence of Brown's guilt."
Enron filed for bankruptcy on December 2, 2001.
The case is U.S. v. Brown, 5th U.S. Circuit Court of Appeals, No. 10-20621.
(Reporting by Jonathan Stempel; editing by Andre Grenon)
