Sunday, October 12, 2008

Birthday Announcement and what was in the news

Our birth announcement was in the Santa Cruz Sentinel today. Whoo-hoo!

Grossman – September 22 at 7:08 p.m., to Amy Lynn (Dahlen) and Kevin Wayne Grossman, Santa Cruz, a 7-pound, 8-ounce girl, Beatrice Dahlen.


Not really glamorous or the literary verbosity I prefer, but hey, it was free.


And speaking of newspapers, here are the stories from the papers we read – the San Jose Mercury News and the SC Sentinel – from Beatrice's birthday, September 22, 2008. (This may not do a thing for you, but it's something I needed to do for us.)


An Era Ends on Wall St.

LAST TWO MAJOR INVESTMENT BANKS PLAN SHIFT TO BANK HOLDING FIRMS


In a move that fundamentally reshapes an era of high finance that defined the modern Gilded Age, Goldman Sachs and Morgan Stanley, the last two independent investment banks on Wall Street, will transform themselves into bank holding companies subject to far greater regulation, the Federal Reserve said Sunday night.


The firms requested the change themselves, even as Congress and the Bush administration rushed to pass a $700 billion rescue of financial firms. It was a blunt acknowledgment that their model of finance and investing had become too risky and that they needed the cushion of bank deposits that had kept big commercial banks like Bank of America and JPMorgan Chase relatively safe amid the recent turmoil...


Democrats push back on bailout proposal


The government's $700 billion plan to bail out the banking system might calm panicked financial markets, but its real value could be in buying time to address the root problem: the continuing slide in housing values.


The Treasury Department's rescue plan is far from a done deal, with Democrats saying Sunday that they would push for more relief measures aimed at homeowners facing foreclosure and for stricter oversight of the program that would allow the government to buy billions of dollars of securities tied to troubled mortgages...


Odd twist for law-and-order measure

PROP. 6 BACKER FACES POSSIBLE PRISON TERM


California's police and prosecutors are asking voters for a guaranteed $965 million from the state each year and a slew of tough new penalties, but an unlikely figure is championing their anticrime "Safe Neighborhoods Act" on the November ballot.


The man who paid to put Proposition 6 before the voters now faces a possible 340 years in prison in a pair of indictments that accuse him of backdating stock options, supplying meth and cocaine to friends and prostitutes, and spiking colleagues' drinks with Ecstasy...


Sentinel Triathlon draws 1,000 on record-breaking day


Nearly 1,000 racers wearing wetsuits and smiles congregated on Main Beach early Sunday, bracing themselves for the 58-degree Pacific Ocean that awaited them just a few steps from the starting line of the 26th annual Sentinel Triathlon.


The frigid temperature didn't appear to scare any athletes off, though. Veterans and newcomers crowded the shore, as did cheering family members and hundreds of spectators who once again turned out for the race, an annual fundraiser for local schools that is now more than a quarter-century old...


Watsonville kids carnival supports cancer services


The Watsonville City Plaza was transformed into a miniature fairground Sunday for the 10th annual Kidrageous Carnival, sponsored by Jacob's Heart Children's Cancer Support Services.


Bounce houses, carnival games, live music and performances took place from noon to 5 p.m., bringing thousands of community members and families out to recognize Children's Cancer Awareness month and to celebrate life...


Cable's 'Mad Men' makes TV history

VOTERS REWARDED QUALITY, NOT RATINGS


The sleek '60s drama "Mad Men" made Emmy history Sunday as the first basic-cable show to win a top series award, while the sitcom "30 Rock" and its stars Tina Fey and Alec Baldwin also emerged as big winners…


Digital players go in for a tune-up


Just in time for late back-toschool or early holiday shopping, Apple, Microsoft and others have unveiled a new crop of digital media players.


Some have radical design changes. Many have neat new features. And most offer more storage space for songs, videos, pictures or games at a lower price...


After Raiders blow late lead, all eyes back on beleaguered Kiffin


49ERS 31, LIONS 13 - A BIG STEP FORWARD

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