Kevin's Feed
Feb 23, 2012

Cash-rich Latin Americans help resuscitate Miami real estate

MIAMI, Feb 23 (Reuters) – Many Latin Americans have
long had a love affair with Miami, but rarely has it been so
intense — as least judging by the property market.

Cash-rich Latin Americans, spearheaded by Venezuelans and
Brazilians, have led a charge into Miami real estate, helping to
spur a recovery in a market that once stood as a poster child of
America’s housing bust.

Feb 13, 2012

Detained Swiss banker’s fate up in the air

FORT LAUDERDALE, Florida (Reuters) – A Swiss private banker, held on a criminal complaint for 13 months without a formal indictment, was on Monday given 60 more days by a Florida court to go on trying to resolve the issue with U.S. authorities.

Christos Bagios, a Greek citizen and Swiss resident, was due

either to be indicted or have his case dismissed, but instead was granted the extension by Judge Lurana Snow in a federal courtroom in Ft. Lauderdale.

Jan 31, 2012

In Florida, a changing Latino mosaic reshapes politics

MIAMI (Reuters) – Republican presidential candidates courting Florida’s influential Latino vote have hit the campaign trail lambasting Cuba’s Fidel Castro and heaping criticism on U.S. policy toward the communist island.

But the candidates’ focus on the fiercely anti-Castro Cuban-American community in South Florida may be overlooking a changing Latino vote in which the underlying political views are no longer seen through the prism of U.S.-Cuban relations.

Jan 28, 2012

Two Florida Republicans say time to temper immigration rhetoric

MIAMI (Reuters) – Two prominent Florida Republicans urged their party to tone down its rhetoric on illegal immigration or risk driving away Latino voters who may be a important bloc in this year’s presidential election.

The appeals by Senator Marco Rubio and former Governor Jeb Bush came as Republican candidates courted the state’s sizable Hispanic vote four days before Tuesday’s Florida primary.

Jan 14, 2012

Exclusive: Banker in Olympus scandal steps into public view

DELRAY BEACH, Florida (Reuters) – A Japanese banker who is a key figure in the Olympus accounting fraud came into public view for the first time since the scandal broke, appearing on Friday at his divorce hearing in a Florida court.

Hajime “Jim” Sagawa ran a U.S. investment firm that earned a massive $687 million fee for advising Olympus in a 2008 acquisition deal that ranks as the largest advisory payment in history.

Jan 13, 2012

Banker in Olympus scandal steps into public view

DELRAY BEACH, Florida (Reuters) – A Japanese banker who is a key figure in the Olympus accounting fraud came into public view for the first time since the scandal broke, appearing on Friday at his divorce hearing in a Florida court.

Hajime “Jim” Sagawa ran a U.S. investment firm that earned a massive $687 million fee for advising Olympus in a 2008 acquisition deal that ranks as the largest advisory payment in history.

Jan 12, 2012

Haiti to mark two years after catastrophic quake

PORT-AU-PRINCE (Reuters) – Haiti will commemorate the two-year anniversary on Thursday of a devastating earthquake that ravaged the Western Hemisphere’s poorest country as it struggles to rebuild and hundreds of thousands of quake victims remain homeless.

Haitians are expected to hold solemn ceremonies at massive grave sites to remember the dead from Haiti’s worst-ever natural disaster.

Jan 10, 2012

Slow road to recovery in quake-ravaged Haiti

PORT-AU-PRINCE (Reuters) – If there is hope in Haiti, it can be found in Mertilus Aland.

The 18-year-old eight-grader is flourishing in a new school built after Haiti’s devastating earthquake, dreaming of one day becoming a doctor in the violent Haitian slum he calls home.

Nov 29, 2011

Trinidad “plot” arrests reach 13, but details scarce

PORT OF SPAIN (Reuters) – The number of suspects detained in an alleged plot to assassinate Trinidad and Tobago’s prime minister rose to 13, a top security official said on Monday while offering few new details about the conspiracy.

National Security Minister John Sandy faced intense questioning at a news conference from reporters pressing for more specifics since Prime Minister Kamla Persad-Bissessar announced on Thursday that officials had uncovered a plot.

Nov 19, 2011

Ex-UBS banker turned songbird pressures Swiss banks

MIAMI (Reuters) – A light sentence handed down on Friday for a former top UBS private banker who became a U.S. government informant on wealthy American tax cheats ramps up pressure on the Swiss banking industry.

Renzo Gadola, who worked at Swiss bank UBS AG (UBS.N: Quote, Profile, Research, Stock Buzz) from 1995 to 2008, received five months’ probation from a Florida federal judge and a fine of $100. He had cooperated extensively with U.S. authorities conducting a wide-ranging criminal investigation of scores of Swiss banks.