Rabu, 06 Januari 2010

plus 4, Ex-Dallas Cowboy Terry Glenn arrested; lawyer says car-theft charge ... - Dallas Morning News

plus 4, Ex-Dallas Cowboy Terry Glenn arrested; lawyer says car-theft charge ... - Dallas Morning News


Ex-Dallas Cowboy Terry Glenn arrested; lawyer says car-theft charge ... - Dallas Morning News

Posted: 06 Jan 2010 12:37 PM PST

Former Dallas Cowboys receiver Terry Glenn has been arrested in Irving on a charge of auto theft, according to court records.

Glenn, 35, was booked into the Irving jail around 7 p.m. Tuesday and released about 1 a.m. today.

He could not be reached immediately for comment.

His attorney, Luis Vera of San Antonio, said the matter stemmed from a dispute over a black Chevrolet Suburban that Glenn had rented from National Car Rental at Dallas/Fort Worth International Airport.

His client never should have been arrested, Vera said.

"It is the biggest crock of garbage," he said. "It pisses me off because this is not the first person I've had to represent who the rental car companies have done this to."

Vera said Glenn rented the Suburban several weeks ago because his Bentley was in a crash.

"His car was put in the shop," Vera said. "The insurance company tells him just go rent a car."

Vera said Glenn rented the SUV before going to New York City for the holidays.

The car company had Glenn's credit card and could have charged whatever was owed, Vera said.

"He wasn't even using it," Vera said of the Suburban. "He just left it parked there at his house."

Glenn got back from New York on Monday and was heading to D/FW to return the SUV on Tuesday, Vera said.

That was when he was pulled over in a routine traffic stop just off State Highway 114 near Spur 348 and Riverside Drive, police said.

The officers who pulled him over told him the car had been reported stolen and arrested him.

"He didn't steal anything; he didn't need to steal anything," Vera said.

"Terry's a good guy. He's already upset because he's getting beat up with this in the media."

Glenn had his 3-year-old son with him and a friend following to take them home, his lawyer said.

"The police officer was really nice," Vera said. "They knew Terry hadn't stolen the car."

Vera said the issue is one for the civil courts and never should have been handled as a criminal case.

A year ago, Glenn was arrested at an Irving hotel for public intoxication and possession of marijuana, according to Irving police records. At the time of that arrest, he had four outstanding traffic warrants - one for speeding, one for an expired vehicle registration and two for failure to appear in court.

Glenn, who attended Ohio State University, played 12 years in the National Football League, his last five with the Dallas Cowboys. His most productive seasons for the Cowboys were 2005 and 2006, when he caught passes for 1,136 and 1,047 yards, respectively.

He scarcely played in 2007, his final season on the team's roster. That year, he underwent surgery twice to repair an injured right knee.

The Cowboys released him before training camp in 2008, and the parting was acrimonious. Team owner and general manager Jerry Jones wanted the wide receiver to sign a waiver saying he would accept a reduced salary of $500,000 – a fraction of the $1.7 million he was scheduled to make that year – if he re-injured his knee. Glenn refused, saying the waiver was unfair.

He began his pro career with the New England Patriots, who took him in the first round of the 1996 NFL draft. As a rookie, he helped the Patriots reach the Super Bowl, snagging 90 receptions for 1,132 yards and 6 touchdowns in the regular season.

After New England selected him and before he signed with the team, Glenn made headlines when he drove his car into a tree in Columbus, Ohio. Police said he was driving about 60 in a 35-mph zone when his car went off the road. Neither he nor a passenger was seriously injured.

His first coach in New England was Bill Parcells – who later became his coach again in Dallas. Parcells, in speaking with reporters, once famously referred to Glenn as "she," an insult for which the coach was admonished by Patriots' owner Robert Kraft. (Parcells would later say that he was wrong about Glenn – that the receiver was a winner.)

In August 2001, while still with the Patriots, Glenn was suspended for the first four games of the regular season games for violating the NFL's substance abuse policy.

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CARCHEX and Pat Goss Offer New Year’s Resolutions for Drivers to ... - YAHOO!

Posted: 06 Jan 2010 12:01 PM PST

To Rebound from 2009's Automotive Obstacles, Consumers Can Save Money and Reduce Stress with Simple Driving Resolutions

Baltimore (Vocus) -- CARCHEX, the industry-leading provider for extended service protection and national mobile vehicle inspections, along with spokesman Pat Goss, America's trusted mechanic and segment host on TV's MotorWeek, today showcased drivers' three most important New Year's resolutions to take control, save money and reduce stress in 2010.

Says CARCHEX CEO Jason Goldsmith, "2009 was a tumultuous year for the automotive industry given the major automaker bankruptcies, Cash for Clunkers and thousands of dealerships closing around the country. We saw more drivers keeping their older cars on the road, and our resolutions help drivers make sure they're running properly."

1. Be Proactive with Preventative Maintenance

"Get in the habit of popping the hood regularly," says Pat Goss. "The owner's manual will give you a list of things that you can inspect yourself. At least once a month, perform the check-it-yourself items listed in your owner's manual. It's as easy as two and a half to three minutes per month. Don't wait for something big to happen and don't wait for a warning light to come on. Warning lights and service reminders are there as a last line of defense; they should not be considered your primary source for information."

2. Extended Service Protection Plans

"Taking just one stressor away can improve your quality of life," says Pat Goss. "Imagine being able to remove the stress of major car repairs from your life. Repairs are expensive including parts, labor and testing. And much more than just engines and transmissions break. There are many other systems that go wrong and believe me, they will. An extended service protection plan will insulate you from these unforeseen costs and hopefully reduce some stress this New Year."

3. "Hope for the Best, Plan for the Worst"

"Every year I remind myself to manage expectations," says Pat Goss. "It's a philosophy that's served me well and one that should be applied to how you care for your car: hope for the best but plan for the worst. By planning for the worst, or what I call 'pessimistic maintenance,' you take care of little problems before they become big ones and you guarantee a longer lasting, more economical car."

About CARCHEX
Headquartered in Hunt Valley, Md., CARCHEX is the trusted online resource for vehicle inspection and protection. An innovator in pre-purchase vehicle inspection programs, CARCHEX provides consumers with the information and tools they need to purchase or protect their vehicles and gain peace of mind. The company's commitment to protecting automotive consumers translates into an intuitive process for comparing extended warranties quotes. In addition to Pat Goss, CARCHEX has partnered with Kelley Blue Book, CARFAX and LendingTree. To inspect and protect your next car and learn valuable car-care tips from Pat Goss, visit CARCHEX online at www.CARCHEX.com.

About Pat Goss and Goss' Garage
As co-host on the acclaimed weekly television series MotorWeek, Pat Goss' expertise and common sense approach to car care has helped millions of owners better understand and gain confidence in their vehicles. Goss also hosts two live, weekly Goss' Garage programs in the Washington, D.C. area. His call-in radio show is broadcast Saturday mornings at 7 a.m. on WJFK 106.7, and a 30-minute television show on NewsChannel 8 airs Saturday mornings at 9:30 a.m. For more information on Pat Goss and Goss' Garage, please visit www.goss-garage.com.

Media Contact
Mike Faherty
Abel Communications for CARCHEX
410-843-3820
mfaherty(at)abelcommunications(dot)com

###

Abel Communications for CARCHEX
Mike Faherty
410-843-3820
E-mail Information

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UPDATE 2-Continental to raise 1.09 bln euros in rights issue - Forex Pros

Posted: 06 Jan 2010 01:12 PM PST

* To hike capital by about 18 pct via sale of 31 mln shrs

* Price is 35 euros each, a 14 pct discount to Wed's close

* Schaeffler's stake will stay above key 75 pct threshold

* Deutsche, Goldman and JP Morgan fully underwrite sale (Adds bullet points, subscription period, Schaeffler holding)

By Christiaan Hetzner and Edward Taylor

FRANKFURT, Jan 6 (Reuters) - Indebted auto parts supplier Continental AG will raise just over 1 billion euros ($1.44 billion) in fresh equity from a rights issue to repair its sagging balance sheet.

The company said late on Wednesday that its supervisory board dominated by large shareholder Schaeffler had approved the issuance of 31 million new shares at 35 euros each, which will raise its capital by nearly a fifth.

"Continental AG will receive gross proceeds from the rights issue of 1.085 billion euros," it said in a statement.

The price represents a 14 percent discount to its closing price of 40.77 euros on Wednesday and is less than half the 75 euros Schaeffler paid late in 2008 to acquire 90 percent of the company's stock.

Originally the maker of fuel-injection systems, electronic brakes and winter tyres wanted to raise up to 1.5 billion euros to pay down debt, but the sale of any more shares would have diluted Schaeffler's stake below a key control threshold.

A syndicate led by Deutsche Bank , Goldman Sachs International and J.P. Morgan Securities Ltd agreed to underwrite the share offer, and have already found investors willing to subscribe to about three-quarters of the placement.

Existing shareholders will receive the option of buying 2 new shares for every 11 already owned, and these rights can be traded between Jan. 12 and Jan. 21. They can be subscribed through Jan. 25.

The new stock will also be fully entitled to dividends for last year, although Continental agreed with its creditors back in January of last year to cap its payouts for 2009 and 2010 at 323 million euros. [ID:nLN451970]

FOUGHT 12 MONTHS FOR CAP HIKE

Schaeffler and its two friendly German banks, M.M. Warburg and Metzler, have agreed to not exercise their subscription rights or transfer such subscription rights to third parties for the combined 89 percent of the stock they currently own.

"Upon the completion of the rights offering, these major shareholders are expected to hold an aggregate of 75.1 percent of the increased share capital of Continental AG," Continental said.

M.M. Warburg and Metzler hold about 40 percent on behalf of Schaeffler as part of an investor agreement with Continental struck in August 2008 that also prevents the family-owned ball bearings maker from gaining direct access to its cashflows until 2014 through a so-called domination agreement.

This requires approval from at least 75 percent of a company's assembled shareholders at a general meeting.

Plans for the share issue follows a deal struck in December when the Hanover-based auto supplier secured a 2.5 billion euros financing deal with over 50 syndicated creditors, easing a tight liquidity situation.

The company has been pushing for 12 months to issue new shares to help reduce its 9.5 billion euros in net debt on its books at the end of September -- more than twice its shareholder equity -- that it amassed following the acquisition of auto electronics company VDO from Siemens in 2007.

Schaeffler had previously opposed all attempts, acquiescing only after installing a friendly chief executive in August. [ID:nLF457872] [ID:nLC675521]

(Reporting by Christiaan Hetzner and Edward Taylor; Editing by Richard Chang)

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I do solemnly swear... - Lewistown News-Argus

Posted: 06 Jan 2010 12:44 PM PST

An audience of approximately 20 people attended Monday night's swearing in of Lewistown's newly elected City Commissioners. Judge Jack Shields stood before the five commissioners, formally administering the oath of office, while commissioners Jack Phillips, Beth Putnam, Frank Gremaux, Larry Phillips and Patty Turk raised their right hands and swore to faithfully execute the responsibilities of their offices. The brief ceremony took place at the Central Montana Community Center just prior to the beginning of the City Commission's first regular meeting of 2010.

Of the five commissioners who took the oath of office Monday, only one is entirely new to Lewistown's highest elected panel. Jack Phillips, Patty Turk and Larry Phillips have all served at least one complete four-year term on the Lewistown City Commission. Commissioner Frank Gremaux begins his first elected term of office after being appointed in June 2009 to complete the term of former City Commissioner Guy Woodburn. Commissioner Beth Putnam, representing Ward 3, is the panel's lone freshman representative.

Following the swearing in, commissioners re-elected Jack Phillips to continue in his capacity as Commission Chairman, a position he has served in since 2008. Larry Phillips was elected to serve as Commission Vice-Chairman.

Commissioners were also re-appointed to the city's various boards. Larry Phillips will serve as the city's representative to the Central Montana 911 board, Patty Turk will sit on the HRDC Business Loan Review Board, Beth Putnam will take on responsibilities at the Lewistown Parks and Recreation Department and Nik Scebba will continue to serve on the City Library Board as well as taking on new responsibilities on City/County Planning Board. Jack Phillips will serve on the Central Montana Health District, Darryl McKenzie will continue with the Central Montana Foundation, and City Manager Kevin Myhre will retain his position on the Snowy Mountain Development Corporation.

In other business …

• Commissioners approved an indefinite term lease between the City of Lewistown and Westfeeds Inc. for property owned by the city but utilized by Westfeeds for it's livestock feed production and sales business. The property was formerly owned by the BNSF railroad but acquired by the City of Lewistown in 2002. Westfeeds will pay the City of Lewistown $3,565 for use of the property throughout 2010.

• Commissioners authorized Lewistown Fire/Rescue to purchase a used 2004 Yukon XL 4x4 for use as a command vehicle. The Yukon will replace the 1999 Chevy Suburban the department currently uses, which has accumulated over 179,000 miles. The Yukon will by purchased from the Dean Newton, Inc. auto dealership in Lewistown at a cost of $16,000.

• The City approved a bid from Casino Creek Concrete, Inc. to supply gravel for street repair and maintenance projects in 2010.

• Commissioners engaged in an informative discussion on the recent application for a city business license for a medical marijuana business within city limits. See a future edition of the News-Argus for an in-depth review of this topic



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Petition drive for more commissioners under way - TMCnet

Posted: 06 Jan 2010 02:17 PM PST

TMCNet: Petition drive for more commissioners under way

Petition drive for more commissioners under way

CHEYENNE, Jan 06, 2010 (Wyoming Tribune-Eagle - McClatchy-Tribune Information Services via COMTEX) -- A petition drive is under way to expand the Laramie County Commission from three seats to five and carve the county into five representative districts.


M. Lee Hasenauer has between now and July 17 to collect 4,500 signatures from registered voters who live in Laramie County. That represents 10 percent of the county's voters.

He wanted the timing to work out so the question would appear on the Nov. 2 general election ballot. He said he consulted with the Laramie County Clerk. That office would be validating the signatures when he turned them in.

"This is more of a government for the people type of thing," said Hasenauer, who has been canvassing passersby at the Laramie County Library and the Laramie County Governmental Complex. Since Christmas, he has collected 700 signatures. He hopes to turn in 8,000.

The petition essentially has two questions, whether the commission should be expanded, and if so, whether the county should be divided into five representative districts.

Right now, the three commissioners serve at-large posts.

Frank Gerstenkorn, co-owner of Guns & Gear on East Lincolnway, has a petition at his business.

The way he sees it, what happens now if one of the three commissioners is absent and the other two disagree on an issue up for a vote? "It doesn't go anywhere," he said.

Said Hasenauer, "When there's a multi-million-dollar project, it would be harder to pass with five versus three.

"They'll have to really discuss it and hear from their districts first. They won't be so easily passed. It could save the county money." The commissioners have said they would support whatever the voters decide, but they warned it would cost taxpayers more money. The annual salary for a Laramie County commissioner is $36,750.

"I know it sounds like an expansion of government, but I think it's a worthwhile thought," Gerstenkorn said. "Let's put it before the voters and see how they feel about it." Hasenauer has dropped off petitions at the town halls in Albin, Burns and Pine Bluffs.

Dr. Bill Shain, mayor of Pine Bluffs, said that to his knowledge, no one in town has taken up the cause.

Phil Oakes, mayor of Burns, said he believed the petitions are sitting, blank, in a drawer at the town hall.

"We really didn't get anyone jumping up to cheer on the cause," Oakes said. He said he doesn't feel it would be appropriate, as mayor, to take up the cause.

On one hand, he thinks the current system is working fine.

"Can I see advantages going the other way? Yes," he said. "The more people you have sitting on some of those bodies, the better chance you have of someone representing you." Last fall, Hasenauer led a petition drive in an attempt to get Cheyenne's cell phone ordinance on the ballot during a special election. The effort came up 697 signatures short.

To get involved To sign a petition, you may visit one these businesses. In order to be counted, you must be a registered voter in Laramie County, and your name and address must match the voter registration records of the Laramie County Clerk: -- Crow Creek Meat Processing, 2502 Ridge Road -- Cheyenne Auto Repair Service, 604 W. Lincolnway -- Big O Tires, 5510 Yellowstone Road -- Guns & Gear, 2115 E. Lincolnway -- Hoy Drugs at Cheyenne Regional Medical Center -- A&C Feeds, 721 W. 22nd St.

To volunteer, contact M. Lee Hasenauer at 640-4248.

To see more of Wyoming Tribune-Eagle, or to subscribe to the newspaper, go to http://www.wyomingnews.com/. Copyright (c) 2010, Wyoming Tribune-Eagle, Cheyenne Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

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