The Razer Blade 15 just got 2 huge upgrades – but do

first_img This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Sign up for the Mobile NewsletterSign Up Please keep me up to date with special offers and news from Goodtoknow and other brands operated by TI Media Limited via email. You can unsubscribe at any time. Razer’s premier gaming laptop, the Blade 15, has just been given two huge upgrades that should radically improve performance.The company announced the refresh on Tuesday. The biggest change is the addition of Intel’s shiny new 9th gen mobile CPU. Specifically, the new Blade 15 will be powered by a 9th Generation Intel Core i7 6 Core processor. The CPU is a step up on the previous gen chip seen on the older Razer Blade 15 and will offer users 2.6GHz base and 4.5GHz Max Turbo speeds, plus improved hyper threading.In layman’s terms this means it should be radically better at running demanding CPU-intensive tasks, like gaming and video editing, than its predecessor. Until we get one in for review we can’t confirm this, however.Related: Best gaming laptopThe second big upgrade is the new 240Hz refresh rate and 4K OLED screen options. The new 240Hz screen option replaces the previous FHD, LCD option seen on the older Blade 15, which had a lower 144Hz refresh rate.This means games will be able to enjoy frame rates up to 240fps on the new Blade, in theory. We can’t see the Blade being able to play demanding triple-A games at these frame rates, even with the top-specced Nvidia RTX 2080 option, but it’s a nice step up nonetheless.The 4K OLED screen has a lower refresh rate, but the higher resolution and use of an OLED panel should let it offer sharper visuals and deeper, more immersive blacks. It could be an ideal choice for creatives and entertainment fanatics as a result.Razer Co-founder and CEO Min-Liang Tan said he expects the upgrades to prove a hit with power users and eSports professionals.“The Razer Blade 15 is the perfect companion for hardcore gamers and power users,” said Tan. “Now we’re packing even more performance in the same slim form factor to satisfy the needs of even the most demanding gamers, esports athletes and content creators.”Related: Intel 9th Gen mobile CPUs explainedUK pricing hasn’t been revealed but the bottom specced FHD model will retail for $1,999 in the US. The top specced 4K OLED option will sell for a heftier $2,399 when the new Blade 15 launches on April 24 in the US.We’ve reached out to Razer for the UK release date and pricing information. We’ll update this article when we hear back.The Blade 15 is one of many laptops to get a mobile 9th gen spruce. Asus announced refreshes of its ROG Strix Hero, Zephyrus and TUFF Gaming lines at the same time on Tuesday.Excited about the new Razer Blade 15? Let us know on Twitter @TrustedReviews Show More Unlike other sites, we thoroughly review everything we recommend, using industry standard tests to evaluate products. We’ll always tell you what we find. We may get a commission if you buy via our price links.Tell us what you think – email the Editor We’d also like to send you special offers and news just by email from other carefully selected companies we think you might like. Your personal details will not be shared with those companies – we send the emails and you can unsubscribe at any time. Please tick here if you are happy to receive these messages.By submitting your information, you agree to the Terms & Conditions and Privacy & Cookies Policy.last_img read more

Amazon slashes cost of Lightroom and Photoshop – get them both for

first_imgAmazon Prime Day Deals This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Update: An almost too-good-to-be-true offer, Amazon’s price slash on Adobe’s services is as good as gone. If you don’t want to miss out on great offers in the future then give us a follow @TrustedDeals.It’s Amazon Prime Day for the next two days (July 15 and 16) and if you’re looking to bag a cheap subscription to Adobe’s excellent Lightroom and Photoshop apps then this is the deal for you.Normally a year’s subscription to the Adobe Creative Cloud Photography plan would set you back £129.99, however in a special Prime Day deal you can save yourself £60 (46%) and get it for a very impressive £69.99. That works out at just £5.80 per month. Adobe Lightroom and Photoshop subscription for £69.99Adobe Creative Cloud Photography plan 20GB: Photoshop + Lightroom | 1 Year | PC/Mac | Key Card & DownloadSave yourself £60 an annual subscription of Adobe Creative Cloud Photography plan. Now just £69.99 instead of £129.99.Amazon|Was £129.99|£69.99View Deal£69.99|Was £129.99|Amazon ———————————————————————————————————————————————————For more amazing offers, follow us @TrustedDealsUKWe may earn a commission if you click a deal and buy an item. That’s why we want to make sure you’re well-informed and happy with your purchase so that you’ll continue to rely on us for your buying advice needs. This Creative Cloud Photography plan bags you the excellent Lightroom and Photoshop apps for Mac or PC, alongside access to 20GB of cloud storage for keeping your snaps safe. Lightroom is split into two apps: Lightroom and Lightroom Classic and you get both here.BUY NOW: Save £60 off a year’s Adobe Lightroom and Photoshop subscription – Now £69.99You’ll also be able to log-in to the fantastic Lightroom apps on mobile too, giving you even more ways to edit and store your photos on the go. These are available across iOS and Android, both on smartphones and tablets and they remain some of the best mobile image editing tools around.Related: Best Camera Deals for Amazon Prime Day UKWhile you’ll get the activation code posted out to you (if you select the option to have it sent by email the price will jump back up to £129.99) the apps themselves are all downloaded via the web. This means you’ll get new versions and updates as soon as they’re released, without the hassle of buying the apps again.Also included in the package is Spark and Portfolio, alongside Photoshop and Lightroom.We’re right in the depths of Amazon Prime Day at the moment and the deals are coming thick and fast. Stay tuned to Trusted Reviews for all the best buys. Adobe Lightroom and Photoshop subscription for £69.99Adobe Creative Cloud Photography plan 20GB: Photoshop + Lightroom | 1 Year | PC/Mac | Key Card & DownloadSave yourself £60 an annual subscription of Adobe Creative Cloud Photography plan. Now just £69.99 instead of £129.99.Amazon|Was £129.99|£69.99View Deal£69.99|Was £129.99|Amazon Show More Unlike other sites, we thoroughly review everything we recommend. We use industry standard tests to evaluate products in order to assess them properly. We’ll always tell you what we find. Trusted Reviews may get a commission if you buy through our links. Tell us what you think. Sign up for the Mobile NewsletterSign Up Please keep me up to date with special offers and news from Goodtoknow and other brands operated by TI Media Limited via email. You can unsubscribe at any time. We’d also like to send you special offers and news just by email from other carefully selected companies we think you might like. Your personal details will not be shared with those companies – we send the emails and you can unsubscribe at any time. Please tick here if you are happy to receive these messages.By submitting your information, you agree to the Terms & Conditions and Privacy & Cookies Policy. ——————————————————————————————————–Grab these great Prime Day savingsSave £40 on the Kindle Paperwhite£160 off the Dell Inspiron 14 Chromebooklast_img read more

CIBC kicks off bank earnings with miss as slow loan growth weighs

first_img Sponsored By: CIBC kicks off bank earnings with miss as slow loan growth weighs First of the big Canadian lenders to report Twitter Banks face fresh wave of skepticism on fears loan losses will grow Outlook 2019: Here’s where the experts think the TSX will end up one year from now Email What you need to know about passing the family cottage to the next generation Reddit More Comment advertisement May 22, 20199:00 AM EDT Filed under News FP Street CIBC is the first of the big Canadian lenders to report quarterly results.Canadian Press center_img Facebook Reuters 1 Comments Hot, cold or lukewarm? Taking the temperature of the Big Banks’ appetite for acquisitions Canadian Imperial Bank of Commerce missed quarterly profit estimates on Wednesday, as sluggish loan growth and higher loan loss provisions in retail banking more than offset gains in its capital markets business.Higher interest rates help Canadian banks earn more money, but it also crimps borrowers’ ability to take out loans, resulting in lower loan growth for the country’s fifth largest lender.The Bank of Canada has raised interest rates five times since July 2017, while the U.S. Federal Reserve has hiked rates six times over the same period. Share this storyCIBC kicks off bank earnings with miss as slow loan growth weighs Tumblr Pinterest Google+ LinkedIn ← Previous Next → Home loans declined in the quarter due to stringent regulatory rules that require borrowers’ uninsured mortgages to be stress-tested to determine their ability to repay.Financial regulators are now considering changing the terms of the stress test, a top banking regulator said in February this year.CIBC’s home loan book has been growing faster than its rivals, although the pace of growth has been slowing since summer of 2017. Growth fund backed by big banks looking to pick up the pace of investment The Bank of Canada is pushing a private mortgage-backed securities market — but is anybody buying? What the spring real estate market will tell Canadian banks about their whole year Net income at CIBC’s retail banking business, which provides loans and other financial products to businesses and individual consumers across Canada, fell 2.4 per cent to $570 million from a year earlier.Total provisions for loan losses, or the money a bank sets aside to cover unpaid loans, rose 20.3 per cent, while total non-interest expenses jumped 2.82 per cent to $2.59 billion.Income from the lender’s capital markets business, including investment banking, rose 12 per cent, boosted by higher underwriting and advisory fees.Trading revenue rose nearly 7 per cent in the quarter, helped mainly by bonds and interest rates, but equities grew marginally.CIBC’s adjusted net income attributable to shareholders was $2.97 per share, missing analysts’ estimate of $2.99 per share, according to Refinitiv IBES data.CIBC is among the first big Canadian lenders to report quarterly results. Bigger rivals Royal Bank of Canada and Toronto-Dominion Bank will report their quarterly results on Thursday.© Thomson Reuters 2019 Join the conversation → Related Stories Featured Storieslast_img read more

Electric Lagonda AllTerrain SUV Concept To Debut In Geneva

first_img 2015 All-Electric Aston Martin DBX Concept Goes With Gas Instead Author Liberty Access TechnologiesPosted on February 6, 2019Categories Electric Vehicle News New Aston Lagonda SUV To Be Electric, On Sale In 2021 Source: Electric Vehicle News Lagonda to be a luxury zero emission brandAston Martin Lagonda announced the unveiling of the new Lagonda All-Terrain Concept at the Geneva Motor Show (from 5 March to 17 March).The British manufacturer said it will give us a first glimpse of the luxury brand’s first production model driven by zero emission powertrain technologies.Lagonda/Aston Martin news We could guess that the Lagonda All-Terrain Concept is a battery-electric, four-wheel-drive SUV/crossover type of car – but with some extraordinary design for sure.“Aston Martin is poised to take the 89th Geneva International Motor Show by storm with the global debut of the Lagonda All-Terrain Concept. Following the successful relaunch of Lagonda as the world’s first luxury zero emission brand and the surprise debut of the Lagonda Vision Concept at last year’s Geneva Show, 2019 sees the reveal of Lagonda’s All-Terrain Concept.The first model Lagonda will put into production, the All-Terrain Concept bears the bold hallmarks of the Vision Concept. By taking full advantage of its zero emission platform Lagonda’s design team has created a car boasting extraordinary style and space efficiency combined with a rakish design language that demonstrates the unique freedom afforded by Lagonda’s commitment to zero emission powertrain technologies.”Andy Palmer, Aston Martin Lagonda President and Group CEO, said:“The ways in which automotive brands reveal new product has changed beyond recognition in recent years, but there’s still something compelling about the unique atmosphere of a great motor show. Historically Geneva has always been good for us – the buzz surrounding the stand last year when we revealed the Lagonda Vision Concept was truly remarkable – so it’s fantastic to return to the scene of such great success with another world debut. The Lagonda All-Terrain Concept offers explicit clues regarding what will be the first Lagonda model to enter production, and further demonstrates how Lagonda’s zero emission powertrain enables us to create spectacular cars that will radically redefine their sectors of the market. I’m expecting the Aston Martin Lagonda stand to be busier than ever, and very much look forward to seeing the crowd’s reaction first-hand”. Aston Martin RapideE Validation Prototype Moves Under Own Powerlast_img read more

More Electric Motorcycles Please Introducing the Regent

first_img Author Liberty Access TechnologiesPosted on March 3, 2019Categories Electric Vehicle News It’s electric AND it’s pretty! See, it is possible!There’s a new electric motorcycle company popping up every day. We are living through a renaissance, I’m telling you. We will look back on these days with nostalgia the way people look back on the global motorcycle manufacturer explosion of the early 1900s.As battery technology advances with dizzying speed, so too does every new electric motorcycle’s range increase, its charge time decrease, its curb weight get lighter, and its design get prettier.Meet the Regent, a bike as stately and British-looking as its name, but wait! It’s made in Sweden. Apart from a blank panel hiding a battery where any traditional motorcycle’s engine would be, this looks the part of a classic Brit bike. These machines are self-defined “retro cafe racers.”Their website waxes a bit hyperbolic, however: “Yes, [it’s an] electrical bike and we don’t need to tell you what comes along with that with regards to sustainability, a clean conscience, easy charging, and absolutely, positively zero maintenance. So if you’re hard into leaking fluids, clogged filters and planet-destroying, look elsewhere.” I’m not sure anything with wheels and tires can claim zero maintenance. They do tout a maintenance-free hub-mounted electric motor, and it’s absolutely true that you don’t have to change the oil in one of those. Also, get that stick out of your rear-end, you guys.Let’s dig out the specs! Per their website, the Regent will have a 150 km range (that’s about 93 miles, which is not shabby). It has a 72V – 80Ah battery that puts out 15–30 hp. It has a top speed 135 km/h (that’s just shy of 84mph).The Regent website claims “dry” weight of 130 kg (that’s about 330 lbs), but unless this bike houses a few traditional wet-cells or perhaps several large AGM batteries (which I will bet you a whole dollar is not the case), I do not know what would distinguish an electric bike’s “dry” weight from any other kind. There is no motor oil in the thing and never will be, neither does it carry any gasoline. Electrons famously do not weigh much. That particular specification is a bit of a head-scratcher.At any rate, the bike boasts a steel chassis, traditional telescope forks, old-school style dual rear shocks, disc brakes with ABS, 18′′ spoke wheels (yes, apparently both the same size), LED lights all around, a “digital touch infotainment” system on the dashboard along with the built-in GPS, and an anti-theft alarm that is, I’m guessing from the vague description, connected to said GPS’s position.The “maintenance-free” electric motor is integrated into the rear hub, the bike has an accident alarm by a company called Detecht, regenerating brakes, and an Active Safety System with no real descriptor of what exactly that is.The current published retail price of the bike is 9,500 euro, which for reference is just shy of $10,800 USD. The bikes are so new they’re only available for pre-order, and definitely will not available in the US anytime soon, if ever. The gorgeous styling, though, gives us all hope for more pretty electric bikes! Keep them coming!Source: Regent Motorcycles, EvNerds Source: Electric Vehicle Newslast_img read more

The Lion Of Electric Trucks Is Born In Canada

first_imgLion Electric seeks opportunities in the electric truck businessLion Electric, a new company from Québec, Canada, expanded its offer from electric buses to Class 8 electric truck.The new model – Lion8 – is custom-built and engineered in Quebec. It can go up to 250 miles (400 km) when equipped with the 480 kWh battery pack supplied from LG Chem. The electric motor is rated for 350 kW.See Also Lion Electric Introduces eLionM Electric Midi/Minibus Source: Electric Vehicle News Motiv EPIC Chassis To Be Assembled Alongside Ford F-59 Platform The first Lion8 was already pre-ordered and should be delivered in fall 2019 to Société des Alcools du Québec (SAQ).The company hopes to attract fleets by the lower total cost of ownership and of course zero-emission/low noise.Lion8.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }More about Lion8 here. USPS Tests Ford E-450 Based Electric Step Vans From Motiv Author Liberty Access TechnologiesPosted on March 15, 2019Categories Electric Vehicle Newslast_img read more

US looks to launch national electric vehicle supply chain report says

first_imgSource: Charge Forward U.S. government officials are looking to develop a domestic electric vehicle supply chain that would encourage the mining of materials for automakers and battery manufacturers, according to a recent report. more…Subscribe to Electrek on YouTube for exclusive videos and the podcast.https://www.youtube.com/watch?v=xVp0Cr2Pg4gThe post US looks to launch national electric vehicle supply chain, report says appeared first on Electrek.last_img

WORX electric outdoor tools 20 off highlight todays best Green Deals

first_imghttps://youtu.be/a80dwn_R-mcThe post WORX electric outdoor tools 20% off highlight today’s best Green Deals appeared first on Electrek. eBay has a new coupon going today which takes 20% off Sun Joe and WORX electric outdoor tools. Simply apply promo code JOE4WORX at checkout on orders over $25 to lock-in your savings. There are a number of top picks available on this landing page, but our headliner is the WORX WG774 56V 20-inch Electric Lawn Mower for $319.92 shipped in open-box condition. As a comparison, it typically sells for $450 at Amazon and other retailers. This model sports a 20-inch cutting deck and ships with a 56V battery. Features include a steel-cutting deck, support for up to 9,400-sq. feet of mowing at a time, and a fully-collapsible design. The entire WORX lineup has excellent ratings. Head below for more deals. more…Subscribe to Electrek on YouTube for exclusive videos and subscribe the podcast. Source: Charge Forwardlast_img read more

100 renewable energy across all sectors possible by 2050 with solar leading

first_imghttps://youtu.be/a80dwn_R-mcThe post 100% renewable energy across all sectors possible by 2050 with solar leading the way, study says appeared first on Electrek. A global transition to 100% renewable energy is possible across the electricity, heat, transport and desalination sectors by 2050, and it can be done for cheaper than the current global energy system, a new study claims. more…Subscribe to Electrek on YouTube for exclusive videos and subscribe the podcast. Source: Charge Forwardlast_img

Heres how Zero turned the SRF streetfighter into a racing electric motorcycle

first_imgSource: Charge Forward Zero is taking their new SR/F electric motorcycle to the Pike’s Peak hill climbing race later this month. While the bike began life as a fairly stock SR/F, it has undergone some interesting modifications to morph into a full-blown racer. more…Subscribe to Electrek on YouTube for exclusive videos and subscribe to the podcast.https://www.youtube.com/watch?v=V1zk7Eb8r-s&list=PL_Qf0A10763mA7Byw9ncZqxjke6Gjz0MtThe post Here’s how Zero turned the SR/F streetfighter into a racing electric motorcycle appeared first on Electrek.last_img

GreyThompson asks drug cheats to point fingers at offenders

first_imgAthletics Share on Facebook Michael Phillips First published on Tue 18 Mar 2008 20.02 EDT Share on Facebook Support The Guardian Shares00 Share on Pinterest Share via Email Tanni Grey-Thompson Grey-Thompson asks drug cheats to ‘point fingers’ at offenders Share on Messenger Share on LinkedIncenter_img Tue 18 Mar 2008 20.02 EDT … we have a small favour to ask. The Guardian will engage with the most critical issues of our time – from the escalating climate catastrophe to widespread inequality to the influence of big tech on our lives. At a time when factual information is a necessity, we believe that each of us, around the world, deserves access to accurate reporting with integrity at its heart.More people are reading and supporting The Guardian’s independent, investigative journalism than ever before. And unlike many news organisations, we have chosen an approach that allows us to keep our journalism accessible to all, regardless of where they live or what they can afford. But we need your ongoing support to keep working as we do.Our editorial independence means we set our own agenda and voice our own opinions. Guardian journalism is free from commercial and political bias and not influenced by billionaire owners or shareholders. This means we can give a voice to those less heard, explore where others turn away, and rigorously challenge those in power.We need your support to keep delivering quality journalism, to maintain our openness and to protect our precious independence. Every reader contribution, big or small, is so valuable. Support The Guardian from as little as $1 – and it only takes a minute. Thank you. Since you’re here… Athletics Share via Email Share on Twitter Dame Tanni Grey-Thompson will today present UK Athletics with the first steps in her plans to clean up the sport as she insists that people linked with doping offenders should also be penalised.Britain’s 11-times paralympic gold medallist has spent the past month compiling her terms of reference after being put in charge of UKA’s review of anti-doping. Her ideas will go before the governing body’s board today and further recommendations will be presented this year.Grey-Thompson is hoping to meet Dwain Chambers, who after his drugs ban made a controversial return to athletics to win the 60m silver medal in the World Indoor Championships in Valencia this month. John Scott, the director of Drug-Free Sport at UK Sport, yesterday called on Chambers to provide more information about his past and Grey-Thompson is hoping athletes “feel morally and legally able to point fingers”.”No athlete does it [takes drugs] in isolation without anyone knowing about it,” she said, speaking generally. “The penalties should be spread across the board.”Chambers, who is considering whether to appeal to the British Olympic Association against his lifetime ban from the Games, was suspended for two years after testing positive for the anabolic steroid tetrahydrogestrinone. His lawyer, Nick Collins, declined to comment yesterday.One of Grey-Thompson’s aims is to find out Chambers’ reasons for using the drug in hopes of preventing others from going down the same path. She said: “I would be interested in why he did it. I would like to have a very informal, off-the-record chat with him because we cannot solve the problem if we do not know the reason.”If you read the things which are in the media, it is not the whole story. I would like to say ‘Why?’ There is money, fame and there is glory. I know what it is like to compete in front of 100,000 people. But it might be self-esteem and a whole host of other stuff.”After winning in Valencia, Chambers said: “I’ve heard on numerous occasions that she wants to speak with me, and I’m prepared to do that. I want to be part of the solution, not working against it. I felt I was living a lie and I didn’t want to continue living that way.”UK Sport runs drug-testing in Britain and Scott, speaking to the BBC, said of Chambers: “He says he made mistakes but there has not been a willingness to point fingers at those who helped him or to be honest about the drugs he was on.”It has been a long time since Dwain was caught and there has been no effort by him to actually share information. We’ve put out informal feelers through the sport since his pronouncements but at the moment we’ve heard nothing.” Topics Share on WhatsApp Share on Twitter Reuse this contentlast_img read more

Inaction so dangerous for racing as Panorama returns

first_img Share on Twitter Share on Messenger Report Threads collapsed Inaction so dangerous for racing as Panorama returns @Greg_Wood_ Sportblog First published on Mon 30 Jun 2008 19.01 EDT newest Share on Twitter Share via Email Share on Facebook Support The Guardian Reply Loading comments… Trouble loading? Share on Facebook A far smarter move, surely, would have been to send Panorama a letter authorising free entry to every racecourse in the country and to request a five-minute interview with any official or licensed individual at a suitable time. If Lynch, or anyone else, refuses, that’s up to them, but a “disrepute” charge should surely follow if they do. No-one believes that every last person in racing is 100% honest. The sport has people who actively want to corrupt it, just as the BBC has people who actively fiddle their expense accounts. What Panorama will surely seek to do, though, is to extrapolate, to use one case, or a handful of cases, of alleged wrong-doing, along with clever editing and shock-horror presentation, to suggest that the sport is fundamentally corrupt. Otherwise, how can they justify all the time and expense? Coward and his executives, you have to hope, do not believe this to be the case, and the time to be putting their side of the argument is before, not after. It has been pointed out in this column on more than one occasion, for instance, that over the last few years, form horses have been running and winning more consistently than at any time in living memory. We know this because the Racing Post publishes a table every day of the year, recording the performance of various newspaper tipsters against a blind bet on the favourite. Over the last three seasons, “The Favourite” has been winning hands down, and it is an interesting aside that while it has slipped a little this year, the decline in its fortunes seemed to start the moment the method of returning SPs was changed – scandalously – to improve the bookies’ profit margins. If racing has serious problems with corruption, as Panorama will seek to allege, this data – which offers hard facts, not opinion – is something that is going to take plenty of explaining. So why is the BHA not out there already, brandishing the numbers and getting its retaliation in first? If nothing else, it might help to ensure that when Panorama’s slickly produced programme finally gets to air, some people at least will wonder why, if everything’s so sordid, the form horses are running so well. Proving a negative – in this case, that racing is not fundamentally corrupt – is never easy. Doing nothing and hoping for the best, though, is always the worst choice of all. Share johnbrown 100 DrKelso British Horseracing Authority Show 25 Horse racing Share on Pinterest Share on Facebook The Recap: sign up for the best of the Guardian’s sport coverage Share via Email recommendations Share on Twitter collapsed Share on Twitter … we have a small favour to ask. The Guardian will engage with the most critical issues of our time – from the escalating climate catastrophe to widespread inequality to the influence of big tech on our lives. At a time when factual information is a necessity, we believe that each of us, around the world, deserves access to accurate reporting with integrity at its heart.More people are reading and supporting The Guardian’s independent, investigative journalism than ever before. And unlike many news organisations, we have chosen an approach that allows us to keep our journalism accessible to all, regardless of where they live or what they can afford. But we need your ongoing support to keep working as we do.Our editorial independence means we set our own agenda and voice our own opinions. Guardian journalism is free from commercial and political bias and not influenced by billionaire owners or shareholders. This means we can give a voice to those less heard, explore where others turn away, and rigorously challenge those in power.We need your support to keep delivering quality journalism, to maintain our openness and to protect our precious independence. Every reader contribution, big or small, is so valuable. Support The Guardian from as little as $1 – and it only takes a minute. Thank you. 0 1 Facebook Reply Report Reason (optional) Close report comment form 25 50 Share Sportblog 0 1 Report oldest Agree with every word of the article.It has been a time-honoured tradition within the sport that anybody in any position of importance must be incompetent.In order to gain employment, say, as an administrator of the sport or perhaps running a racecourse, there are only two basic requirements: You need to have attended a top public school (preferably Eton, although Harrow or similar will do) and be seriously dense. No other qualifications are necessary.center_img unthreaded Tonytp Share on LinkedIn Sign in or create your Guardian account to recommend a comment Greg Wood expanded Facebook 0 1 Facebook View more comments Twitter All Order by oldest Kirkland Tellwright, Haydock’s clerk of the course, is not paid to be a stand-up comedian, but for deadpan humour his comment last week, after a team from the BBC’s Panorama programme had tried to interview Fergal Lynch at his track, takes some beating. “It doesn’t look as if Panorama are putting a constructive spin on racing,” Tellwright said, “because they didn’t make any attempt to herald their appearance, and I’ll be taking it up with the BHA.”Move over, Jack Dee. But then again, perhaps he was being serious. In which case, like many other, much more senior racing executives, he has failed either to understand the problem, or more importantly, the best way to deal with it. In its way, this failure is far more depressing than the reappearance of Paul Kenyon – a man who once boasted to the Press Gazette about his long-standing ambition to “do” racing – on a British track. Because it seems that nothing at all has been learned since the last time the BBC “did” racing. The wagons are being circled, the barricades are going up. Everyone seems to be hoping that if we all keep quiet, the bad guys will go away. The reality, of course, is that it simply encourages them, because it looks as though racing has something to hide. A jockey refusing to answer questions, or an official getting uppity and telling them to “clear orf”, is far more useful to a producer looking for a negative spin than a thoughtful response to their questions. It is – to use an analogy that Nic Coward, now of the BHA but once of the FA, might appreciate – like a football team dropping too deep to defend a slender advantage. It drives managers and fans alike to distraction. They know that attack, or a semblance of it, at least, will help to relieve the pressure. The BHA’s only response so far, though, has been a sniffy attempt to ensure that Kenyon does not get onto another racecourse without permission (as if that’s going to bother him). Contact author 1 Jul 2008 16:42 Share on Twitter Reply Comments 3 Excellent comment. Hopefully the powers that be will read it and take notice. I won’t hold my breath.On a slightly different note I query whether an element of corruption turns most punters off. At the end of the day most people betting have a limited understanding of form and form doesn’t always hold true anyway (Sunday’s Irish Derby anyone?) There is always a winner in the race and Joe Public is as likely to stumble across it whether the race is fixed or not. It is part of being a serious punter to identify when something stinks.Far more detrimental to everyone’s chances of winning is the disgraceful change to the SP system that Greg mentions. comments (3)Sign in or create your Guardian account to join the discussion. British Horseracing Authority 1 Jul 2008 14:44 Email (optional) Read more 1 Jul 2008 21:07 Share on Facebook Topics | Pick Share on WhatsApp Since you’re here… Share on Facebook Share Mon 30 Jun 2008 19.01 EDT Report Great article. As with all walks of life – and especially if there’s money involved – people will try to bend or break the rules for selfish means. Racing is no different. What the article rightly states is that racing always seems to portray an impression that it has something to hide. The current debate around the information of mares in foal and declaration of wind operations demonstrates this. Whilst not related to corruption – it demonstrates the contempt with which the racing authorities treat the public who deserve a better deal. Personally I see no reason why this information should not be publically available – especially with regards to wind ops. The public can then choose to do what it likes with this information. Sorry there was an error. Please try again later. If the problem persists, please contact Userhelp | Pick Shares00 Twitter comment | Pick Twitter Reuse this content,View all comments > Please select Personal abuse Off topic Legal issue Trolling Hate speech Offensive/Threatening language Copyright Spam Otherlast_img read more

Everton will use Johnson fee to up bid for Moutinho

first_imgShares22 Reuse this content Everton Mon 28 Jul 2008 19.01 EDT Fulham Share on Twitter Topics Share via Email Share on LinkedIn Engand striker Andy Johnson has become Fulham’s record-signing. Photograph: P Barker/AFP Share on Facebook Andy Hunter Share on Messenger Share via Email First published on Mon 28 Jul 2008 19.01 EDT Everton will use Johnson fee to up bid for Moutinho Share on WhatsApp Share on Facebook Share on Twitter Everton Share on Pinterest Premier League Everton will return to Sporting Lisbon with a club-record £15m offer for Joao Moutinho, having agreed to sell Andy Johnson to Fulham for a fee that could ultimately rise to £13m.Johnson underwent a medical in London yesterday and, barring unforeseen problems, may be confirmed as Fulham’s record signing today. The former Crystal Palace striker has agreed personal terms with the Cottagers and favours a return to the capital over Wigan and Sunderland, who were both prepared to match the initial £10.5m that Everton are to receive for the 27-year-old.Fulham’s basic offer gives Everton an eye-catching profit on a player who struggled to build on an impressive start at Goodison Park, and Everton claim that the price will rise by £2.5m to £13m depending on appearances. Johnson scored six league goals in his first seven games for them after a then club-record £8.6m move from Palace in May 2006 but, hindered by an ankle problem and then the form of Yakubu Ayegbeni, he only matched that tally in the entire league campaign last season. He has scored 22 goals in 74 appearances in total for Everton.Despite that return last season, and David Moyes’ preference for playing Yakubu as a lone striker last season, the Everton manager was reluctant to sell Johnson this summer. However, he has been told that his transfer budget stands at approximately £15m plus whatever he can raise through sales and, desperate to improve his central midfield and hopeful of adding five faces to a slender squad, he accepted that the occasional England international represented a solution to that dilemma. “Everton can confirm that it has agreed an eight-figure sum with Fulham for the services of Andrew Johnson,” read a club statement. “This is subject to the player agreeing personal terms and negotiating a medical.”Johnson’s anticipated departure will leave Moyes in need of a striker, with Tottenham’s Darren Bent and Real Zaragoza’s Diego Milito under consideration, but the Scottish manager’s priority is midfield and Sporting’s prized asset, Moutinho.Everton had an £11.8m bid rejected out of hand for the 21-year-old Portugal international on Saturday, but Moutinho publicly confirmed his desire to move to Goodison. “I want to leave Sporting and I hope an agreement can be found and that a good solution can be found for both parties,” said Moutinho, who impressed at the recent European Championship and can also operate as an auxiliary striker.The Merseysiders’ initial offer included additional payments should the team qualify for the Champions League but, once the Johnson sale is complete, they are expected to lodge a straight £15m bid for the midfielder. That still falls short of Sporting’s valuation – the Portuguese club are insisting on £20m – but negotiations have continued since Saturday, with the agent Pini Zahavi conducting talks on Everton’s behalf, and a compromise price of about £16m might be sufficient to give Moyes his first signing of the summer. The Everton manager is also believed to be interested in the Galatasaray midfielder Mehmet Topal.Moyes and the rest of the Everton squad are currently in the United States, where they will play Chicago Fire in a friendly tomorrow and Colorado Rapids on Sunday. They have been joined by Joseph Yobo, who was given extended leave after his brother was kidnapped in Nigeria – he has since been released – and by Tim Cahill, who yesterday made a surprise appearance at the training camp as he continues his rehabilitation from foot surgery at the end of last season. The Australian suffered three metatarsal fractures last season and had been expected to miss the start of the campaign but is now in contention for the opener with Blackburn Rovers, having made a rapid recovery in recent weeks. “He is running now and everything seems to be going on the right track, touch wood, so we are looking to have him fit ready for the season,” said Everton’s new assistant manager, Steve Round.Bad precedentFulham’s previous biggest signing was the French striker Steve Marlet, who joined the newly promoted club in 2001 as Mohamed Al Fayed spent £11.5m in pursuit of his dream of making Fulham “the Manchester United of the south”. But Marlet struggled, labouring to six league goals in his first season, and Fayed became convinced his manager, Jean Tigana, had ripped him off, taking backhanders in exchange for negotiating inflated fees. It ended horribly: Tigana was sacked in 2003, Fayed lost £3m when a judge threw out his claims and Marlet saw out his £40,000-a-week contract on loan at Marseilles.last_img read more

Another Week Another Repeat FCPA Offender As Orthofix International Joins The Club

first_img Learn More & Register In 2012, Orthofix International N.V. (“Orthofix”), a limited liability orthopedic medical device company formed under the law of Netherlands Antilles with administrative offices in Lewisville, Texas and common stock traded on Nasdaq, resolved a $7.4 million Foreign Corrupt Practices Act enforcement action ($2.2 million via a DOJ deferred prosecution agreement, and $5.2 million via a settled SEC civil complaint) based primarily on the conduct of its wholly-owned Mexican subsidiary.In an enforcement action that was expected (see here for the August 2016 post highlighting how Orthofix International was poised to join the FCPA repeat offender club), the SEC announced yesterday that the company agreed to pay $6 million in disgorgement and penalties to settle FCPA books and records and internal controls findings “when its subsidiary in Brazil schemed to use high discounts and make improper payments through third-party commercial representatives and distributors to induce doctors under government employment to use Orthofix’s products.”This is the second instance in the past week of a company resolving a second FCPA enforcement action in the span of approximately five years (see here for the prior post regarding Zimmer Biomet).This SEC administrative order states in summary fashion:“This matter concerns violations of the books and records and internal controls provisions of the FCPA by Orthofix International N.V., … and its Brazilian subsidiary, Orthofix do Brasil LTDA. From at least 2011 to 2013 (hereinafter “the relevant period”), senior personnel at Orthofix Brazil employed at least four schemes, with third-party commercial representatives and distributors, to make improper payments to doctors employed at government-owned hospitals to induce them to use Orthofix’s products, thereby increasing sales. The improper payments to doctors employed at government hospitals were improperly recorded as legitimate expenses and generated illicit profits to Orthofix of approximately $2,928,000. Orthofix also failed to devise and maintain a system of internal accounting controls sufficient to provide reasonable assurances to detect and prevent such payments by Orthofix Brazil, despite the fact that Orthofix had been charged by the Commission in 2012 with violating the books and records and internal controls provisions of the FCPA in connection with bribes paid to Mexican officials by its Mexican subsidiary.”Orthofix Brazil is described as follows and the order provides the following background.“[A] wholly-owned subsidiary of Orthofix headquartered in Sao Paulo, Brazil. Orthofix Brazil markets and sells extremity fixation products through direct and indirect sales to public and private sector customers. From 2011 to 2013, approximately 12.5 % of Orthofix Brazil’s sales were made to public sector customers, such as government-owned hospitals and associated doctors, and the remaining 87.5% to private customers, including non-government-owned hospitals and associated doctors. Orthofix consolidated Orthofix Brazil’s financial statements into its financials.”[…]During the relevant period, Orthofix Brazil accounted for approximately 5-7% of Orthofix’s consolidated net sales. During the relevant period, Orthofix Brazil sold its products through either (i) direct sales to a customer through third-party commercial representative entities who provide assistance and receive a commission, or (ii) indirect sales through a third-party distributor that purchased the products from Orthofix Brazil, held the inventory, and resold them to an end customer.During the relevant period, Orthofix Brazil engaged in direct sales with the assistance of third-party commercial representatives who helped to market and sell its products in Brazil. These commercial representatives also employed sales agents to make sales. Commercial representative sales comprised approximately two-thirds of the sales of the subsidiary. In addition, Orthofix Brazil engaged sixteen distributors to conduct indirect sales. Orthofix Brazil sold its products to the distributors who in turn resold the products to health care providers, including private and government-owned hospitals, in various regions in Brazil. Indirect sales through distributors comprised about one-third of the sales of the subsidiary.Orthofix provided budgets, financial targets, and guidance to Orthofix Brazil and approved certain actions and expenditures. Orthofix also received regular updates from Orthofix Brazil on many details regarding sales opportunities, numbers, and business developments. Orthofix set internal sales targets and management imposed pressure on subsidiaries to meet those targets. Orthofix’s reporting structure and relationship with its subsidiaries was decentralized during the relevant time period, complicating parent oversight, compliance monitoring, and communication with U.S. executives. Orthofix lacked adequate training, policies, processes, and corporate culture that would have allowed employees at its subsidiaries to raise compliance concerns to the parent level.”Under the heading “Orthofix Brazil Made Improper Payments to Doctors Through Commercial Representatives,” the order states:“During the relevant period, Orthofix Brazil entered into agreements with third party commercial representatives to directly sell its products to hospitals and doctors in Brazil, and it paid commissions to those commercial representatives as part of such agreements. Orthofix Brazil’s commercial representatives in turn made improper payments to certain doctors at government owned hospitals in exchange for sales contracts.The scheme involving commercial representatives worked in one of two ways. In the first scenario, commercial representatives made arrangements to pay doctors a specific amount, usually constituting 20-25% of the sales price, in exchange for using Orthofix products. After doctors performed a procedure using Orthofix’s products, Orthofix Brazil typically billed the hospital for the products used. Orthofix Brazil then paid a commission of approximately 33- 43% of the sales price to the commercial representative responsible for the sale, who then used a portion of that commission to make certain agreed upon payments to doctors.In the second scenario, a company related to the commercial representative sent Orthofix Brazil false invoices for services such as marketing that were never provided. The former general manager of Orthofix Brazil approved these payments and the former finance director of Orthofix Brazil instructed Orthofix Brazil employees to classify the payments as “administrative expenses.” The services were never rendered and the payments were not administrative expenses but rather provided funds that were intended to be used to make improper payments to certain doctors. The payments were intentionally improperly recorded as legitimate expenses to hide the true nature of the payments.Certain Orthofix Brazil employees knew that commercial representatives were paying doctors and were involved in the schemes. The former general manager was responsible for negotiating the arrangements with the commercial representatives, and he instructed the former finance director and other lower level Orthofix Brazil employees to make the commission payments to commercial representatives. Payments to commercial representatives were referred to by these employees as “doctors’ commissions.” Orthofix Brazil employees and commercial representatives openly discussed payment percentages, total amounts, and payment instructions for making direct deposits or in-person payments to doctors.”Under the heading “Orthofix Brazil Made Improper Payments to Doctors Through Distributors,” the order states:“Similar to the schemes involving commercial representatives, Orthofix Brazil used third-party distributors in two ways to make improper payments to doctors. In the first scenario, Orthofix Brazil provided a high discount ranging in certain instances of up to 70% to the distributors, who then used part of the profit generated by that discount to make improper payments to certain doctors. The high discounts were purportedly meant to allow distributors to make a sufficient profit while also covering their overhead costs. In reality, part of the discount was often used to make the improper payments to certain doctors at public hospitals. Employees of the distributors openly discussed the improper payment scheme in emails to certain Orthofix Brazil employees. For example, in 2011, one distributor emailed an Orthofix Brazil employee that “[t]he agreement with the physicians is to make the payment after using the material,” indicating a promise to pay doctors after they used Orthofix products. The four distributors that made improper payments to doctors on behalf of Orthofix Brazil openly discussed the improper payments in person with certain Orthofix Brazil employees and demanded higher discounts from the company to facilitate the payments.In the second scenario involving distributors, Orthofix Brazil made payments for services that were never rendered. These payments were inaccurately described in the company’s books and records as “consulting for sales” payments made to a company related to one of the distributors, when, in fact, the payments to the distributor were made to facilitate improper payments to doctors.The general manager, finance director, and certain other Orthofix Brazil employees no longer associated with Orthofix Brazil knew that distributors were using excessive discounts and making payments on false invoices to pay doctors. Nevertheless, Orthofix Brazil improperly recorded the payments as legitimate business expenses to hide the true nature of the payments.”Under the heading “Orthofix Failed to Maintain Accurate Books and Records,” the order states:“Orthofix Brazil improperly recorded certain payments to commercial representatives and discounts to third-party distributors, portions of which were used to make improper payments to doctors, as commissions, discounts, consulting fees, administrative expenses, and other legitimate business expenses in its books and records that were subsequently consolidated into Orthofix’s books and records, rendering them inaccurate.”Under the heading “Orthofix Lacked Adequate Internal Accounting Controls,” the order states:“Orthofix failed in a timely manner to devise and maintain an adequate system of internal accounting controls in Brazil, even after the company had been charged previously for internal controls failings in the Commission’s earlier case against it for improper payments in Mexico. The controls in place during the relevant period were minimal and clearly deficient.The internal accounting controls were deficient with respect to the setting, approval, and payment of commissions and discounts. Orthofix had no policies or processes in place to standardize or centrally approve and monitor the commissions and discounts that Orthofix Brazil was providing to third parties, which allowed Orthofix Brazil to push through high commissions and discounts that ultimately were used to facilitate improper payments. The decentralized nature of Orthofix’s business in Brazil allowed Orthofix Brazil to easily evade the policies and controls that Orthofix did have in place when the conduct occurred. An indirect reporting structure created gaps in supervision that provided the opportunity to orchestrate and execute the bribery schemes without detection.Furthermore, a lack of centralized global accounting and payment controls allowed Orthofix Brazil to record the improper payments as legitimate business expenses. Given the prior corruption and internal controls issues at its Mexican subsidiary, Orthofix was aware of deficiencies in its controls and the FCPA risks at its subsidiaries’ operations. Despite these red flags, Orthofix failed to establish better controls and supervision over its subsidiaries in high risk countries.”Based on the above, the order finds that Orthofix violated the FCPA’s books and records and internal controls provisions and the company agreed to pay disgorgement of $2,928,000, prejudgment interest of $263,375, and a civil money penalty in the amount of $2,928,000.The order contains a separate section titled “Cooperation and Remedial Action” which states:“Orthofix disclosed the Brazil allegations as part of its ongoing self-reporting obligations undertaken as part of its earlier settlement with the Commission for its conduct related to Mexico discussed above. Orthofix cooperated with the investigation by, among other things: (i) conducting a thorough and timely internal investigation; (ii) voluntarily producing documents and other information in a timely manner, identifying significant documents and translating documents from Portuguese; (iii) compiling financial data and analysis; (iv) providing detailed witness interview downloads, Power-Point presentations summarizing its findings, and timelines; and (v) assisting us in our efforts to coordinate witness interviews with current and former Orthofix and Orthofix Brazil employees.Although the Company took remedial steps following the resolution of the Promeca allegations in 2012, Orthofix did not start fully implementing sufficient remedial steps until after the discovery of the Brazil conduct in late 2013. Though delayed, these efforts have been significant. Orthofix and Orthofix Brazil now have terminated problematic representatives and distributors; developed and implemented new global accounting policies to provide further structure and guidance to foreign subsidiaries; established an internal audit function and expanded Orthofix’s compliance department; conducted extensive audits of third-party vendors used by subsidiaries; and revised existing trainings and implemented additional compliance training for employees.”In the SEC’s release, Kara Brockmeyer (Chief of the SEC Enforcement Division’s FCPA Unit) stated:“Orthofix did not have adequate internal controls across all its subsidiaries and failed to detect and prevent the improper payments in Brazil that were intended to boost sales.”In the same release, the SEC announced that Orthofix also agreed to resolve a separate SEC enforcement action (including books and records and internal controls violations) for improperly booking revenue in which the company agreed to pay $8.25 million civil penalty. The SEC’s release states:“Four then-executives at Orthofix also agreed to pay penalties to settle cases related to the accounting failures, which according to the SEC’s order involved Orthofix improperly recording certain revenue as soon as a product was shipped despite contingencies requiring certain events to occur in order to receive payment in the transaction.  In other instances, Orthofix immediately recorded revenue when it had provided customers with significant extensions of time to make payments.  The accounting failures caused the company to materially misstate certain financial statements from at least 2011 to the first quarter of 2013.”In this Orthofix release, Brad Mason (President and CEO) states:“We are very pleased to bring closure to these collective matters, which relate to activities that occurred largely between 2011 and 2013. We have instituted broad remedial measures designed to detect and prevent the issues that led to the matters being resolved, and these resolutions allow us to continue moving forward with the Company’s critical mission of serving patients, our physician customers, and shareholders.”The release further states:“The second resolution relates to an anti-bribery matter involving the Company’s Brazilian subsidiary. Orthofix self-reported the matter to the Department of Justice (DOJ) and SEC, conducted a diligent and thorough internal review with the assistance of outside counsel, and fully cooperated with the SEC and the DOJ. The Company instituted extensive remediation measures with respect to this matter, including terminating employees, as well as relationships with third-party representatives and distributors; conducting a global review of its anti-corruption and anti-bribery program; implementing regular audits of its third-party distributors and sales agents; developing and implementing new global accounting policies to provide further structure and guidance to foreign subsidiaries; establishing an internal audit function; expanding Orthofix’s Compliance department in both number and quality of personnel; and implementing enhanced anti-corruption compliance training for employees and certain third parties. As part of this SEC resolution, the Company agreed to retain an independent compliance consultant for one year to ensure the remediated compliance and ethics programs and internal controls and processes continue to function properly. Finally, after careful review by the DOJ, the Company was informed that the DOJ has decided to take no further action with respect to this matter.”Yesterday’ Orthofix’s stock closed up .53% FCPA Institute – Boston (Oct. 3-4) A unique two-day learning experience ideal for a diverse group of professionals seeking to elevate their FCPA knowledge and practical skills through active learning. Learn more, spend less. CLE credit is available.last_img read more

Deputy Attorney General Rosenstein Signals Change Is Coming To DOJ Policy Regarding

first_img FCPA Institute – Boston (Oct. 3-4) A unique two-day learning experience ideal for a diverse group of professionals seeking to elevate their FCPA knowledge and practical skills through active learning. Learn more, spend less. CLE credit is available. One of the best things ever written about the FCPA was penned by Robert Primoff who stated: “The government has the option of deciding whether or not to prosecute.  For practitioners, however, the situation is intolerable.  We must be able to advise our clients as to whether their conduct violates the law, not whether this year’s crop of administrators is likely to enforce a particular alleged violation.  That would produce, in effect, a government of men and women rather than a government of law.”As highlighted in this prior post, the above was written in 1982, but it remains true today. Indeed, one disturbing dynamic of DOJ Fraud Section policy making is that it is largely driven by individuals – individuals who stay at the DOJ relatively briefly. Most recently, it was the 2015 “Yates Memo,” before that it was the 2008 “Filip Memo,” prior to that it was the 2006 “McNulty Memo,” prior to that it was the 2003 “Thompson Memo,” and prior to that it was the 1999 “Holder Memo.”As highlighted in this report, yesterday Deputy Attorney General Rod Rosenstein signaled that change is yet again coming to DOJ policy regarding corporation prosecutions.According to the report:“The Justice Department’s No. 2 official indicated Thursday that the federal government’s policy on prosecuting corporate crime is under review and he suggested that changes to the department’s stance on the issue are coming.“It’s under review and I anticipate that there may be some change to the policy on corporate prosecutions,” Deputy Attorney General Rod Rosenstein said Thursday during a question-and-answer session following a speech at the conservative Heritage Foundation in Washington. “I don’t have any announcement about that today, but I do anticipate that we may in the near future make an announcement about what changes we’re going to make to corporate fraud principles.”Rosenstein did not indicate what portions of the Yates memo are likely to be overhauled or halted. He also said that he favors prosecutions of individuals in appropriate cases.“Corporations, of course, don’t go to prison. They do pay a fine,” Rosenstein said. “The issue is can you effectively deter corporate crime by prosecuting corporations or do you in some circumstances need to prosecute individuals. I think you do.”The deputy AG described the review as commonplace.“That’s really pretty routine. Every administration I think looks at these issues and determines whether or not the internal guidelines that were written in the last administration are effectively addressing what we think is the crime problem of the present,” he said.”Returning to the beginning quote and how it is disturbing to have “a government of men and women rather than a government of law,” an irony of Rosenstein’s comments is that they occurred in connection with this speech he gave about the rule of law in which stated: “The rule of law is not merely a feature of America. The rule of law is the foundation of America.” (See here for video of the speech and comments).In pertinent part, Rosenstein further stated:“[A]lthough the power of the federal government is vast, it is expressly limited. Those who are entrusted with the exercise of federal authority must be energetic in enforcing the law, but we must restrain ourselves from assuming authority beyond our lawful mandate. Our power is limited by law. And we are obligated to respect the limits – even when no one objects.[…]The Department of Justice does not choose sides because of the identity of a party. We do not enforce the law against some people, and ignore others, based on our own biases or other inappropriate considerations.We follow neutral principles.The point of the rule of law is to maintain a fair and rational system characterized by universality — that is, it applies equally to each person. Under the rule of law, the people tasked with enforcing the law must do so impartially.This is active work. To say that we enforce the law impartially does not mean we enforce it mechanically. It means that we enforce it rationally. Different results should be justified by different facts. And the differences need to be objective.That brings me back to my earlier point about the people who make up the Department of Justice. The ideal prosecutor is dogged, but not an automaton who proceeds at all costs. Nor is the ideal prosecutor a zealot who demands criminal punishment for every arguable violation of the law.[…]Robert Jackson, another of our nation’s great Attorneys General, observed: “If the Department of Justice were to make even a pretense of reaching every probable violation of federal law, ten times its present staff would be inadequate.”Driving the point home, Jackson explained that “no local police force can strictly enforce the traffic laws, or it would arrest half the driving population on any given morning.”With an ever-growing criminal code, those observations are more accurate today than when Jackson made them in 1940.Jackson’s point was simple. Violations of the law abound. “What every prosecutor is practically required to do,” he said, “is to select the cases for prosecution and to select those in which the offense is the most flagrant, the public harm the greatest, and the proof the most certain.” As Jackson recognized, the prosecutor necessarily chooses which cases to pursue.The ability to choose which cases to prosecute is an extraordinary power. Courts exercise the ultimate authority to rule on the strength of the evidence and the meaning of the law. But the decision whether or not to prosecute, as the Supreme Court has ruled, is “ill-suited to judicial review.” Such unreviewable power calls for the exercise of judgment, and the wise use of discretion.When asked, “Why did you prosecute that case?” it will not do for the prosecutor to respond with, “Because I can,” or “Because I must.” The only right answer is, “Because I should.”The task of enforcing the rule of law is not devoid of discretion. Discretion is inherent in law enforcement.When used by lawyers, the word “discretion” means freedom of choice – the power to make a decision according to one’s own judgment. When someone decides to act on a matter that is committed to their discretion, the decision is permissible regardless of whether it is wise.[…]By definition, discretion means that the rules allow a range of permissible options. So discretion is the power to make a choice that is wrong, in the sense that it is not the objectively best choice.But when government officials are vested with discretion, they have a special obligation to take care that they do make the objectively best choice.That requires wisdom.A Seventh Circuit opinion described the challenge for federal prosecutors with these words: “The Department of Justice wields enormous power over people’s lives, much of it beyond effective judicial or political review. With power comes responsibility, moral if not legal, for its prudent and restrained exercise; and responsibility implies knowledge, experience, and sound judgment, not just good faith ….”Not just good faith. Of course, good faith is important. It is often essential in order to avoid doing the wrong thing. And good faith is generally a valid defense to a misconduct complaint.But the Department of Justice does not measure success by whether we acted with the right motive. Our goal is to make the objectively right choice, based on articulable reasons.The most difficult management challenges for the Department of Justice are prosecutors who act in good faith but make unwise judgments.Acting with honor is no substitute for acting with wisdom. It is important to have the right motive, but it is even more important to do the right thing.” Learn More & Registerlast_img read more

FCPA Challenge

first_imgHow much do you know about the Foreign Corrupt Practices Act? Let’s find out.To commemorate the FCPA’s 40th year, FCPA Professor is presenting the FCPA Challenge.Each Thursday during 2018, a question will be posed and the answer will be below the fold.This week’s question is: this individual, representing himself pro se, is believed to be the first person in FCPA history to have put the DOJ to its burden of proof at trial. He won.Answer: George McLean (see here, here, here, and here for prior posts).last_img

Inactive people find highintensity interval training to be as enjoyable as traditional

first_img Source:https://ok.ubc.ca/ May 24 2018While we know high-intensity interval training (HIIT) is time-efficient and good for our health, researchers are still curious to determine if less active users are willing to do it.In fact, limited research has examined exactly how inactive people perceive HIIT–which consists of multiple short bouts of intense exercise, says Matthew Stork, a PhD candidate in the school of Health and Exercise Sciences at UBC’s Okanagan campus. Stork recently completed a study comparing inactive people’s feelings and enjoyment of HIIT to traditional long-duration aerobic exercise. He found that inactive people who tried the high intensity exercise for the first time found it just as enjoyable as traditional exercise.”The number one cited barrier to physical activity is a perceived lack of time, and research has shown that as little as 10 minutes of HIIT, three times per week can elicit meaningful health benefits,” says Stork. “The concern is that short bursts of intense exercise may be perceived as unpleasant, especially for those who aren’t physically active to begin with.”Related StoriesImplanted device uses microcurrent to exercise heart muscle in cardiomyopathy patientsA short bout of exercise improves brain function, study revealsResearchers identify molecular pathway underpinning exercise and improved motor learningStork wanted to know how people felt about their high intensity exercise experience both during and after their sessions. He also hoped to determine whether feelings, ranging from pleasure to displeasure, during a HIIT session could predict the likelihood of completing the same exercise outside of the lab.”We wanted to learn more about people’s perceptions towards HIIT and ultimately determine if even inactive people are willing to do these types of exercises on their own free time,” says Stork. “There’s research evidence showing that negative feelings experienced during traditional forms of exercise, like going for a long run, can lower your likelihood of completing that exercise again in the future. We anticipated the same would be true for HIIT, but as it turns out, it’s not so simple.”To test his idea, Stork and his team recruited 30 inactive men and women who had never tried HIIT before. Each participant completed high intensity and traditional moderate intensity exercise on a stationary bike in the lab. They measured how the participants felt on a multi-point pleasure-displeasure scale throughout the activity. Each participant was also asked to log any exercise they completed on their own during the following four weeks.”We found that participants reported equal levels of enjoyment and preferences for HIIT in comparison to traditional exercise, despite experiencing feelings of displeasure during the higher intensity exercise,” says Stork. “Importantly, 79 per cent of participants reported completing HIIT on their own, outside of the lab.”Stork says his study should give hope to those who struggle to fit exercise into their busy lives.”Many people want to give up on exercise because they don’t feel that they have enough time. However, HIIT may be a viable, time-efficient exercise option, even for inactive people who have never tried it before.”last_img read more

UH biomedical engineer wins NSF Career Award to improve nanoparticle drug delivery

first_imgMay 29 2018The National Science Foundation has awarded University of Houston biomedical engineer Sheereen Majd the Career Award and $500,000 to improve nanoparticle drug delivery. Majd’s research is focused on tailoring nanoparticle drug carriers to target a selected group of cells affected in different diseases while sparing other cells.Decades ago it might have seemed like science fiction, but today this advanced medical application of nanotechnology promises efficient delivery of bioactive molecules to specific sites in the body. Still, there are limitations to the current nanodelivery vehicles so Majd is setting out to improve these vehicles, to make them more robust and more precise in targeting their prey.”In diseases like cancer where therapeutic drugs are designed to kill cells, systematic administration of drugs can severely damage healthy cells, leading to undesired side effects in patients undergoing treatment,” said Majd, an assistant professor. “This problem can be eliminated if the drug is delivered by nanoparticles that only target diseased cells.”Nanoparticles are vehicles that can carry drugs through the body to the general location of tumors or other areas of illness. If tagged with appropriate recognition molecules, as Majd intends, these vehicles can deliver the drug only to tumor or diseased cells.Combining the existing technologyIn the world of nanodelivery vehicles, two systems are currently the most promising, and both can be compared to a car service. Nanoliposomes are like Uber and if targeted, they have a working GPS. They’ll deliver the medicine to the neighborhood of illness. Polymer nanoparticles would be like Lyft, doing much the same thing. Both systems have shown great promise for efficient medicine delivery because liposomes mimic the membrane of cells in the body, and polymers offer more control over their mechanical and release properties.Related StoriesDon’t Miss the Blood-Brain Barrier Drug Delivery (B3DD) Summit this AugustLiving with advanced breast cancerTrends in colonoscopy rates not aligned with increase in early onset colorectal cancer”Our hope is to bring the two systems together, to marry the two, so we can overcome their limitations and have a truly tremendous delivery vehicle– robust, highly specific and highly efficient,” said Majd. “We are hoping to minimize the off targeting – that’s specificity – and to use less medicine to get an effective dose where it needs to be. That’s efficiency.”To create a precise and targeted carrier, Majd said the vehicles have to be “decorated” with the proper ligands. Ligands are recognition molecules that can actually recognize a target, like a receptor on a specific cancer cell, and attack it.Majd hopes to create a toolbox where the right type of delivery system is created every time for the specific disease being targeted. In the meantime, she is positive that her team will conduct transformative work.”We’re hoping to improve the current nanodelivery systems. We will make a delivery system that provides more stability, control, and precision,” she said.NSF CAREER awards are granted to highly promising junior faculty members who exemplify the role of teacher-scholars through “outstanding research, excellent education and the integration of education and research.” In addition to their research component, they also require educational outreach.Source: http://www.uh.edu/news-events/stories/2018/may2018/52918-sheereen-majd-drug-delivery.phplast_img read more

Bloodbased test accurately identifies lung cancer patients who could benefit from immunotherapies

first_img Source:http://www.ucdmc.ucdavis.edu/publish/news/newsroom/13076 Aug 7 2018Researchers at UC Davis, Genentech and Foundation Medicine are the first to show that a blood-based test to assess tumor mutational burden (TMB) accurately identifies non-small cell lung cancer (NSCLC) patients who could benefit from immunotherapies called checkpoint inhibitors. The blood test offers a much less invasive and more repeatable alternative to tissue testing. The study was published online today in Nature Medicine.”We wanted to know if we could transfer this TMB assay from tissue to blood,” said David Gandara, who directs the Thoracic Oncology Program at the UC Davis Comprehensive Cancer Center and is first author on the paper. “We succeeded, establishing a TMB level in blood that correlates well with similar levels in tissue and was associated with favorable patient outcomes.”Checkpoint inhibitors take the molecular brakes off T cells, allowing them to attack tumors. However, they work best in patients who exhibit certain tumor biomarkers. One of these is the PD-L1 protein. More recent is tumor mutational burden – the number of mutations found in specific genomic sequences in tumor cells of an individual patient. Patients with higher TMB are often better candidates for immunotherapy.Translating these findings into clinical practice is now feasible. The initial laboratory research methods used to identify these biomarkers, such as exome sequencing, take a long time and are not always scalable for clinical care. In addition, as many as 30 percent of NSCLC patients have too little tumor tissue to facilitate these tests. A fast, minimally invasive blood test would be the ideal solution.”There are patients for whom the biopsy is inadequate from the start, or the tissue is used for routine pathology and we don’t have enough tissue left to do either genomic testing or tissue TMB,” Gandara said. “If we can do it in blood in one test, that offers many advantages for patients who have had an inadequate biopsy.”Related StoriesResearchers use AI to develop early gastric cancer endoscopic diagnosis systemNew protein target for deadly ovarian cancerHow cell-free DNA can be targeted to prevent spread of tumorsIn addition, because it’s much less invasive, a blood test could be repeated to determine if a treatment is effective or provide an additional option for patients who might not tolerate a traditional biopsy in the first place.To determine whether blood could produce TMB results as well as tumor tissue, the researchers examined more than a thousand blood samples from patients with advanced NSCLC (two or more lines of treatment) in two studies, OAK and POPLAR.This retrospective study compared these blood samples with tumor tissue and found a strong, though not perfect, TMB correlation between the two. This was not unforeseen, as tumor tissue is heterogeneous, and the blood test is actually more sensitive.Despite these differences, the blood test performed well, consistently predicting which patients would benefit – with improved response and progression-free survival – from the PD-L1 inhibitor atezolizumab (Tecentriq). The assay proved both accurate and reproducible.This blood-based approach seems poised to move rapidly into the clinic. Foundation Medicine is now seeking FDA approval to incorporate it into their FoundationACT (FACT) liquid biopsy. In addition, interim data from the prospective BFIRST study presented at the recent ASCO conference confirmed that blood samples are a viable way to test TMB.”This blood TMB assay, and the associated FACT test, have already received Breakthrough Designation, the first step towards full FDA approval,” Gandara said. “This is very important for practicing physicians and for patients. What they hear about as research one day could very shortly be standard of care.” ​last_img read more

Immune system that fights infection could join battle against opioid addiction

first_imgReviewed by James Ives, M.Psych. (Editor)Sep 7 2018The same immune system that fights infection and the flu could join the battle against opioid addiction, new research out of the Vanderbilt Center for Addiction Research indicates.Erin Calipari, assistant professor of pharmacology and corresponding author on a paper in The Journal of Neuroscience, says there’s promise in specific immune system peptides – amino acid compounds that signal cells how to function.In this case, they’re affecting brain activity and, by extension, drug cravings.Related StoriesMathematical model helps identify determinants of persistent MRSA bacteremiaCommon cold virus strain could be a breakthrough in bladder cancer treatmentScientists discover rare autoimmune disease triggered by testicular cancer”We found we could target these immune peptides and change the cravings that male mice and rats had for food and sugar,” Calipari said. “Now we’re looking at what we need to do before we can take this into human clinical trials. This is exciting because we see how peripheral systems such as the immune system could be influencing cravings.”She’s collaborating with Drew Kiraly at the Icahn School of Medicine at Mount Sinai on how these systems work and how to best translate the findings to help human patients.Calipari warns that there’s no single cure for the complicated disease of addiction which, at its core, is a hijacking of the dopamine system that creates a cycle of substance abuse. However, individual addicts are heavily influenced by genetic or external factors, Calipari said. Her lab is focused on neurological interventions that could help cut cravings while patients work on other contributing factors.”One example is that we’ve found women are particularly vulnerable to addiction,” she said. “Ultimately, we want to be able to go to various populations and say, ‘These things are predictive of your vulnerability to addiction.’ Then, we want to target systems that could improve their treatment outcomes.”We’re not going to find one treatment that fixes everything, but we can, eventually, target different aspects of addiction for individual patients.” Source:https://news.vanderbilt.edu/2018/09/05/immune-system-emerges-as-partner-in-opioid-cravings-fight/last_img read more