NEWBIE NEWS RADIO

March 14th 2009

2009.03.10 16:41:38 - Great Wildlands Location Classified While Searching for several members of the Angel Cartel that had fled from a recent conflict, a member of the Relentless Storm Cartel discovered one of the stellar phenomenon termed a "Wormhole". This natural gateway between two systems appeared to lead not to unknown areas of space but to the heart of hostile space held by the Atlas Alliance. Atlas Alliance are currently in a conflict with Foundation Alliance, of which Relentless Storm Cartel is a part.While there was some posturing and securing of systems on both sides of the hole in space, no hostile actions were taken by either side out of respect for the other, and the need to further research this kind of stellar event. End Report	TMIAMI, March 12 (Reuters) - Swede Henrik Stenson briefly took the limelight from Tiger Woods when he stripped down to his underwear to play a shot at the WGC-CA Championship at Doral on Thursday. Stenson’s wayward drive on the third hole landed in muddy terrain near a water hazard and he decided to get down to basics rather than play the rest of his round in muddy clothes. “I was only wearing two things when I hit the shot, my jocks and my golf glove,” he told reporters.	MEXICO CITY, Mexico (CNN) -- What do software mogul Bill Gates and banking investor Warren Buffett have in common with wanted Mexican drug lord Joaquin "El Chapo" Guzman Loera? They are all featured in Forbes magazine's world's billionaires report as "self-made" billionaires. Guzman Loera, whose nickname means Shorty, escaped from a Mexican prison in 2001. He heads the powerful Sinaloa cartel, investigators say. Authorities on both sides of the U.S.-Mexico border blame the Sinaloa and other cartels for a surge in violence in the region. He ranked 701th on Forbes' yearly report, with an estimated fortune of $1 billion. Mexican Attorney General Eduardo Medina Mora expressed outrage at the publication and described Forbes' calculations on Guzman Loera's fortune as mere "speculation."
The world has become a wealth wasteland. Like the rest of us, the richest people in the world have endured a financial disaster over the past year. Today there are 793 people on our list of the World's Billionaires, a 30% decline from a year ago. Of the 1,125 billionaires who made last year's ranking, 373 fell off the list--355 from declining fortunes and 18 who died. There are 38 newcomers, plus three moguls who returned to the list after regaining their 10-figure fortunes. It is the first time since 2003 that the world has had a net loss in the number of billionaires. The world's richest are also a lot poorer. Their collective net worth is $2.4 trillion, down $2 trillion from a year ago. Their average net worth fell 23% to $3 billion. The last time the average was that low was in 2003. Bill Gates lost $18 billion but regained his title as the world's richest man. Warren Buffett, last year's No. 1, saw his fortune decline $25 billion as shares of Berkshire Hathaway (BRK) fell nearly 50% in 12 months, but he still managed to slip just one spot to No. 2. Mexican telecom titan Carlos Slim Helú also lost $25 billion and dropped one spot to No. 3. It was hard to avoid the carnage, whether you were in stocks, commodities, real estate or technology. Even people running profitable businesses were hammered by frozen credit markets, weak consumer spending or declining currencies. The biggest loser in the world this year, by dollars, was last year's biggest gainer. India's Anil Ambani lost $32 billion--76% of his fortune--as shares of his Reliance Communications, Reliance Power and Reliance Capital all collapsed.		NEW YORK – Saying he was "deeply sorry and ashamed," Bernard Madoff pleaded guilty Thursday to pulling off perhaps the biggest swindle in Wall Street history and was immediately led off to jail in handcuffs to the applause of his seething victims in the courtroom. U.S. District Judge Denny Chin denied bail for Madoff, 70, and ordered him to jail, noting that he had the means to flee and an incentive to do so because of his age. Madoff earlier spoke softly but firmly to the judge as he pleaded guilty to 11 charges in his first public comments about his crimes since the scandal broke in early December. "I am actually grateful for this opportunity to publicly comment about my crimes, for which I am deeply sorry and ashamed," he said. "As the years went by, I realized my risk and this day would inevitably come. I cannot adequately express how sorry I am for my crimes." Madoff did not look at any of the three investors who spoke at the hearing, even when one turned in his direction and tried to address him. Associated Press writers Jennifer Peltz and David B. Caruso contributed to this report.