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Source: http://www.msnbc.msn.com/id/50325172/ns/local_news-omaha_ne/
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Texas football survived the weekend with a victory in the Alamo Bowl, but the program faces a future that includes questions about two players sent home from San Antonio.
Linebacker Jordan Hicks and quarterback Case McCoy, both juniors, were suspended Friday as police investigated a sexual assault claim.
Officially, both players were banned from the Alamo Bowl and the team for violating team rules.
Further information is expected to surface on the case this week, but for now, a lawyer representing Hicks is making a defense for his client and McCoy.
"I have spent about an hour-and-a-half speaking with Jordan Hicks, and I can say based on that discussion I am very confident that everything that happened from the first drink at the bar to the time everyone said goodnight was entirely consensual and above board," Minton told the Austin American-Stateman. "Nothing that was done by him or Mr. McCoy was against the law. Period."
In an earlier interview with Austin TV station KXAN, Minton said he doubted charges would be filed in the case.
News reports indicated there was indecision on the part of the alleged victim, a 21-year-old woman, as to whether consent was involved in the contact with the men. Police and medical officials were reviewing information and evidence from the incident, which took place early Friday.
"The unfortunate thing is if you cannot remember whether or not you gave consent the state is going to have an impossible time of putting somebody in jail for it," Minton told KXAN earlier. "If this is something that truly happened the way that she lays it out then it is very unfortunate for her."
Without the two players, Texas won its bowl game 31-27 over Oregon State.
Learn more: McCoy, Hicks focus of sexual assault allegations
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The Pressure's On! President Obama Scolds Congress For Fiscal Cliff Decision Delay (DETAILS)
globalgrind.comPresident Obama has had enough of Congress' decision-making on how to take action with the fiscal cliff, which he addressed in a speech give yesterday. The President stated that if the two leaders of
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On Monday, the world's oldest living identical twins celebrated their 103 birthday!
Charlotte Eisgrou and Ann Primack of South Florida and Daytona Beach, Fla. are still in the best of health, despite their age. Neither uses a hearing aide or reading glasses, reported the Daily Mail.
"I feel wonderful. I have all my faculties," Eisgrou told the Daytona Beach News-Journal.
Although the pair was unable to spend their birthday together since they are both recovering from recent falls, they still consider each other best friends.
Story continues after photo
The twins were born two months premature in Chicago in 1909. They weighed a combined 7 lbs. Since they were born before incubators were invented, they wrapped in blankets and put in the door of a stove to keep warm, reported the Daily Mail.
From then on they remained inseparable.
Eisgrou moved to Florida in 1949, and Primack followed her in 1971. There, they enjoyed the majority of their lives, outlived their husbands, and had one son each.
They're both astonished by their record-breaking age.
"I can't believe it, that I've reached that age. The good thing is our minds are sharp. That's the only good thing," Primack told ABC.
Amazingly, the twins continue to live almost completely independently.
Eisgrou started driving at age 78, and didn't stop until four years ago, when her now 71-year-old son told her "I shouldn't get a new car with all the hijackings," reported the Daytona Beach News-Journal.
They both use a cane to walk, but are healthy and independent. Primack even survived ovarian cancer years ago.
Their longevity may in part be due to their sense of humor. They recalled to the Daytona Journal that they often used to switch husbands when they visited each other.
"I used to visit Daytona and we'd switch husbands and walk in the temple," Primack said, "And they'd say to me, 'Charlotte, you look so good.'"
"Nobody ever knew the difference. And by the time they found out, they were hysterical," Eisgrou told ABC. "We had so much fun."
"They are very funny," Jerry Primack, Ann's son, added. "They bicker constantly."
Although the sisters have always been close, they cannot agree on what has led them to live such a long life.
According to the Daily Mail, Primack credits genes and "never being fat" while her twin Eisgrou says it's because she drank lots of milk.
"Everybody asks me that. I don't know what it was," Primack told ABC. "I didn't watch my food when I was young. I smoked. We all smoked."
Eisgrou added: "I don't know the secret to a long life. And I wouldn't tell you if I knew it."
"We love each other and we always will," Primack told ABC.
Eisgrou and Primack are the second oldest twins in the world, born 39 days after non-identical twins Edith Ritchie and Evelyn Middleton from Aberdeenshire, Scotland.
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Source: http://www.huffingtonpost.com/2012/12/30/oldest-living-identical-t_n_2377822.html
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Alix Partners, one of the most influential advisers to senior banking executives, warns that global investment banks must tackle head-on issues such as bonuses and their addiction to the "steroids" of debt-fueled growth.
"Just look at the auto manufacturing and commercial aviation industries, where over the past two decades, changes in regulatory and operating environments combined to render formerly solid businesses into perpetual wards of the bankruptcy court," said the consultants.
According to Alix, investment banks still pay their staff far too much, pointing out that the "overpayment effect" last year was $18bn (?11bn), or close to 30pc of the world's top 15 banks' combined pre-tax profits.
Senior bankers agree lenders must change their ways if they are survive. The head of one major British bank said he agreed with the findings and that those businesses, which did not adapt to the new world, would "die".
"There was a major change in 2008 and a lot of people seem to be acting like it never happened. The choice is pretty stark; you can either carry on as you are and disappear into irrelevance, or you can change. There is no other option," he said.
Investment bank revenues have fallen by 31pc in the past three years as earnings have been hit by the combination of a slowing global growth and tougher and more costly regulation.
Despite efforts to cut costs that have seen average bonuses halve between 2007 and 2011, Alix Partners said this was just "protracting the slow, but inevitable, disappearance into irrelevance of a business that badly needs to be reinvented".
Alix recommends that global investment banks should consider "breaking up" their businesses before they are forced to by regulators. To do this, it says banks need not pursue full separation, but could allow the creation of "internal marketplace".
In practice, this would mean banks unbundling some of the services they currently provide, cooperating more with rivals to reduce costs, and outsourcing operations.
In Britain, Barclays is currently in the middle of a strategic review commissioned by its new chief executive, Antony Jenkins, that is expected to lead to a radical overhaul of its investment banking arm and the rest of its business.
Meanwhile, Royal Bank of Scotland remains under pressure from the Government to continue shrinking its investment bank, as well as considering selling off large parts of its international business, including its US retail bank.
However, while British lenders have been at the vanguard of the change, many banks remain relatively unchanged four years on from the financial crisis that saw several investment banks become extinct.
"In fact, it seems the current taxonomy of business models could have been written in 2007, with just a few amendments," said Alix Partners.
Source: http://www.businessinsider.com/the-biggest-banks-are-risking-an-endless-cycle-of-bankruptcy-2012-12
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