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DEVON COLLIER TO PLAY FOR PRES. OBAMA'S BROTHER-IN-LAW AT OREGON ST. PDF Print E-mail

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Devon, back row, 4th from left
Congratulations to Devon Collier on his commitment to play for coach Craig Robinson at Oregon St.  The 6'8" 220 pound forward from Bronx, NY signed a letter of intent in mid-November.  With his long wing span, Devon plays much bigger than his listed height.  Devon currently laces them up for St. Anthony's High School in Jersey City, NJ, and is consensus 150 prospect.  The power forward is rated No. 79 overall by ESPN.com, No. 134 by Rivals.com and is considered top 100 by Scout.com.  Collier helped lead St. Anthony's to the NJSIAA sectional semi-finals as a junior.  As you recall, at  http://clicky.me/ShockExchangeComesToHarlem09 Collier helped lead his New Heights AAU squad to the 17U Chip. The Shock Exchange Cup is considered one of the most coveted awards in all of sports.  Collier used his length to contest shots and own the boards.  He was also showed exceptional quickness for a kid his size as he got numerous baskets in the open floor. 

 
*BREAKING NEWS* Tim Geithner Recognizes Shock Exchange As Pioneers In Financial Literacy (Video) PDF Print E-mail
 
DOES AIG HAVE THE GOVERNMENT "A LIL BIT PREGNANT"? PDF Print E-mail

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Kelly receiving $3MM severance
According to Yahoo! News and the Wall Street Journal, AIG's general counsel, Anastatia Kelly, is expected to receive approximately $3 million in severance pay upon her departure from the insurer.  In December Kelly announced she was leaving AIG because of pay cuts imposed by Kenneth Feinberg, President Obama's federal pay tsar.  Feinberg capped 2009 annual cash salaries for most AIG executives at $500,000 - a significant reduction for Kelly, who previously had served as the top lawyer at Fannie Mae, Sears, and MCI/Worldcom.  She also drew scrutiny for advising other AIG executives chafing under the pay cuts; at least four other senior AIG executives are expected to join Kelly in departing.  According to the New York Times, "her departure comes at a time when the company needs experienced counsel to complete its restructuring, sheperd it through a myriad of legal proceedings and prepare prosectuses for initial public offerings of its subsidiaries."   

 

 
STORMING THE BASTILLE >> Bail Out The People Protest Jan. 15 PDF Print E-mail

Image A coalition led by New York City Councilmember Charles Barron and other activists and organizations will form a protest on Wall Street January 15, 2010 from 3:30 to 6:00pm at Wall Street and Broad.  The coalition is being led by New York City Councilmember Charles Barron and other activists and organizations urges you to join us on Wall St. on Friday, January 15 between 3:30 and 6 p.m. Coalition members include the Bail Out the People Movement; Rob Robinson of Picture The Homeless; Operation Power; Brenda Stokely of the Million Worker March Movement; Desiree Pilgrim-Hunter of the North Bronx Community Clergy Coalition; Benita Johnson, recording secretary of the Transit Workers Union Local 100; the Harlem Tenants Council; Peoples Organization for Progress; the May 1st Coalition for Immigrant and Worker Rights; labor activists from AFSMCE and the Teamsters; and youth groups like Fight Imperialism Stand Together (FIST) along with many others.  For full details go here:  http://bit.ly/6Xqhls .

 
HIDE THE TAPE: KURT WARNER GETS HIS WIG SPLIT PDF Print E-mail
 
HIDE THE TAPE: TRAVIS LESLIE ON DEMARCUS COUSINS (VIDEO) PDF Print E-mail
 
BIG APPLE CLASSIC - COURTESY OF JADA CREATIVE PDF Print E-mail
In mid-November I was pleasantly surprised to hear from Joe Heastie, my former B-School roommate.  Joe is now working in sales for JADA Creative (www.jadacreative.com), a graphic design firm in South Jersey, a sponsor of the 2009 Big Apple Classic (www.thebigappleclassic.com) at Madison Square Garden.  Joe told JADA Creative's management about the Shock Exchange and they decided to donate tickets to the event featuring Howard, Hampton, Virginia State and Virginia Union on December 4-5.  It was pretty ironic given that my first experience on a college campus was at Virginia State University in the late '70's (some of my fondest memories) where my cousin Brenda attended. 
 
WIZARDS' GUARD GILBERT ARENAS CHARGED WITH FELONY GUN POSSESSION PDF Print E-mail

The Washington Post (http://bit.ly/8NIYnM) is reporting that Wizards guard Gilbert Arenas was charged January 14th with felony gun possession, a crime that carries a maximum of five years in prison and a fine.  Arenas' attorneys and prosecutors had been negotiating a plea deal during the day and it was not clear whether the charges were part of the deal.  The guns became an issue on Dec. 21st when after a dispute over a card game, Arenas brought four guns to the Wizards' lockerroom and asked Crittendon to "pick one" in sort of a mock shoot-out.  The U.S. Attorney's office alleged that on Dec. 21, Arenas "did carry, openly and concealed on or about his person, in a place other than his dwelling place, place of business or on other land possessed by him, a pistol with license issued pursuant to law".  

 
SENATOR SCHUMER vs. ADIDAS: 100 NY JOBS AT STAKE PDF Print E-mail

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Politician who supports his base
In November Senator Chuck Schumer cited that shoe and apparel maker Adidas, which has an exclusive contract with the NBA to supply the league's teams with their official uniforms, plans to end its contract with a New York-based supplier and will for the first time produce the game jerseys worn by NBA players outside the U.S.  Schumer called for Adidas to reverse its decision and continue to make NBA jerseys in the U.S. - a move that would save approximately 100 jobs at American Classic Outfitters (ACO) in Perry, NY.  Many more jobs would be saved throughout the country.  ACO has a rich history of designing and manufacturing custom athletic uniforms for sports teams, in addition to the NBA.  ACO has been making NBA jerseys for nearly half a century and prides itself in its long-established tradition of hand-crafted quality team uniforms. 

 
MULLET ------ > ARENAS SUSPENDED INDEFINITELY BY NBA PDF Print E-mail

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Stands to lose $147K/Game
Gilbert Arenas has been suspended indefinitely by the NBA.  Commissioner David Stern issued the following statement:

"The possession of firearms by an NBA player in an NBA arena is a matter of the utmost concern to us. I initially thought it prudent to refrain from taking immediate action because of the pendency of a criminal investigation involving the office of the United States Attorney for the District of Columbia and the Metropolitan Police Department, and the consideration of this matter by a grand jury sitting in the District of Columbia. For the same reason, I directed the Wizards to refrain from taking any action.  Wizards personnel continue to be interviewed by law enforcement authorities, some are scheduled for appearance before the grand jury and the investigation is proceeding with the intensity that one would expect for such a serious incident.

"Although it is clear that the actions of Mr. Arenas will ultimately result in a substantial suspension, and perhaps worse, his ongoing conduct has led me to conclude that he is not currently fit to take the court in an NBA game. Accordingly, I am suspending Mr. Arenas indefinitely, without pay, effective immediately pending the completion of the investigation by the NBA."

 
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