Thursday, March 10, 2011
Trespasser calls 911 to report himself
The world's richest billionaires
This 25th year of tracking global wealth was one to remember. The 2011 Billionaires List breaks two records: total number of listees (1,210) and combined wealth ($4.5 trillion). This horde surpasses the gross domestic product of Germany, one of only six nations to have fewer billionaires this year. BRICs led the way: Brazil, Russia, India and China produced 108 of the 214 new names. These four nations are home to one in four members, up from one in 10 five years ago. Before this year only the U.S. had ever produced more than 100 billionaires. China now has 115 and Russia 101.
Atop the heap is Mexico's Carlos Slim Helú, who added $20.5 billion to his fortune, more than any other billionaire. The telecom mogul, who gets 62% of his fortune from America Movil (NYSE: AMX - News), is now worth $74 billion and has pulled far ahead of his two closest rivals. Bill Gates, No. 2, and Warren Buffett, No. 3, both added a more modest $3 billion to their piles and are now worth $56 billion and $50 billion, respectively. Gates, who now gets 70% of his fortune from investments outside of Microsoft (Nasdaq: MSFT - News), has actually been investing in the Mexican stock market and has holdings in Mexican Coke bottler Femsa and Grupo Televisa (NYSE: TV - News).
Real Erin Brockovich caught in 'eerie' fight
HINKLEY, Calif. – At the end of "Erin Brockovich," a housewife sick from toxic chromium weeps with joy as she's handed her portion of a historic $333 million settlement between residents of this small desert town and the utility that poisoned their drinking water.
In real life, that woman is Roberta Walker. She still lives in Hinkley, using her share to buy a new home in what she thought would be a safe four-mile distance from the toxic plume of chromium.
Alice in Chains rocker dead at 44
Former Alice in Chains bassist Mike Starr, who played on the band's first two influential albums and was one of the last people to see singer Layne Staley alive, has been found dead in a Salt Lake City, Utah home, TMZ reports. Starr, who was 44, was arrested earlier this month in Salt Lake City and found to be in possession of six Xanax pills and six Opana painkillers. According to a police report, Starr asked an officer if he'd heard of Alice in Chains, and said he was in Utah with a friend to put together a new band. "It's a terrible shock and tragedy," the rocker's father told the website today.
Starr played on the Seattle band's 1990 album Facelift and cowrote "It Ain't Like That" and "Confusion." He also performed on 1992's Sap EP and Dirt LP, which featured the band's breakout tracks "Down in a Hole," "Rooster," and "Would?" which also appeared on the soundtrack to the film Singles (the band also briefly performed onstage in the movie, too). Starr exited the band in 1993 and later admitted he'd been booted because his drug problem was out of control.
Starr played on the Seattle band's 1990 album Facelift and cowrote "It Ain't Like That" and "Confusion." He also performed on 1992's Sap EP and Dirt LP, which featured the band's breakout tracks "Down in a Hole," "Rooster," and "Would?" which also appeared on the soundtrack to the film Singles (the band also briefly performed onstage in the movie, too). Starr exited the band in 1993 and later admitted he'd been booted because his drug problem was out of control.
Odd home remedies that really work
Olives for Motion Sickness
Eliminating $1 Bills Could Save Billions
Washington has come down with a case of fiscal fever as the Obama administration proposes everything from spending freezes on domestic programs to selling off unused government property to bring the budget back in line. Now, one study argues that the government can save billions of dollars simply by making a change to the currency itself.
Earlier this month, the U.S. Government Accountability Office issued a formal proposal to the Treasury and Federal Reserve noting that if it eliminated the $1 bill and replaced it with the $1 coin, the country could save roughly $5.5 billion during the next 30 years. The reason, according to the agency's report, is that dollar bills have a shorter lifespan than dollar coins because they wear much faster, which in turn requires the government to spend more to print new bills.
Earlier this month, the U.S. Government Accountability Office issued a formal proposal to the Treasury and Federal Reserve noting that if it eliminated the $1 bill and replaced it with the $1 coin, the country could save roughly $5.5 billion during the next 30 years. The reason, according to the agency's report, is that dollar bills have a shorter lifespan than dollar coins because they wear much faster, which in turn requires the government to spend more to print new bills.
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