| Pat McKee: High School Q&A
Answer: The way the tournament is set up, Ben Davis and North Central would meet in a girls basketball regional game if each wins its respective sectional. Thus, only one of them could reach the semistate and become a final four team in Class 4A. As of now, the favorites to be the final four teams in Class 4A would be South Bend Washington, Fort Wayne South, Ben Davis and Terre Haute South.
Question: Has there been any talk of Franklin Central's Patrick Bade possibly being recruited for both football and basketball at any school? What level do you think he should play at in both sports? (Ethan from Indianapolis)
Answer: I checked with Franklin Central coaches Mark James and Lance Scheib. Coach James told me that Patrick Bade is being recruited at the Division I level for both football and basketball, but that he is unaware of any school recruiting Bade for both sports.
Sikhs from France to meet SGPC chief today
Earlier the villagers were dependent on water available through natural sources. Due to substantial increase in population and depleting water level, the villagers of the area had been facing shortage of water. To meet the increasing demand of water in the area about Rs 44.42 lakh has been spent on the water supply scheme at Kiratpur Sahib and Rs 283 lakh for the Gara Moura scheme. Interacting with mediapersons, Mr Henry said that the projects were developed to cater to the increased demand of water by raising per capita water supply level from 40 lpcd to 70 lpcd. He said that under both schemes a treatment plant of 0.25 MGD capacity, a water tank with 5.50 lakh litres, electrical sub-station and a standby arrangement of 200KVA capacity were installed here. With a view to providing clean water to each village in the state the government has decided to take Rs 1,814 crore from the World Bank.
Sallie Mae Announces the Closing of Its Public Offerings of Common ...
RESTON, Va., Dec. 31 /PRNewswire-FirstCall/ -- SLM Corporation (NYSE: SLM) , commonly known as Sallie Mae, today announced that it has closed the public offerings of its common stock and mandatory convertible preferred stock, series C, resulting in total net proceeds of approximately $2.9 billion. The company sold 101,781,170 shares of its common stock at a price of $19.65 per share and 1,000,000 shares of its 7.25% mandatory convertible preferred stock, series C. Each share of mandatory convertible preferred stock, series C, has a $1,000 liquidation preference and is subject to mandatory conversion on December 15, 2010, into between 41.7188 and 50.8906 shares of the company's common stock, unless previously converted at the option of the holder. UBS Investment Bank and Citi acted as joint book-running managers for the offerings.
Mixed news on Albion injuries
Albion were today coming to terms with the loss of a third key player to serious injury – as boss Tony Mowbray insisted Kevin Phillips could yet be back for Christmas. In-form midfielder James Morrison is set to join Phillips and Martin Albrechtsen in a prolonged spell on the sidelines after being carried off in the first half of the Baggies' 4-0 victory at Coventry last night. The 22-year-old twisted his knee awkwardly as he tried to keep a Dean Kiely throw in play and was stretchered off the field in obvious pain. The £1.5m summer signing is set to undergo a scan on the injury later today when Albion will learn the full extent of the damage. Mowbray is hopeful Morrison has suffered nothing more than a medial knee ligament injury rather than cruciate knee ligament damage - a problem that in itself could keep him out for around six weeks.
Japan stocks tumble more than 4 pct to new 2-yr low
Bush has called for an economic stimulus plan worth up to $150 billion in tax cuts and other measures, but world sharemarkets have plunged on fears it is not enough to stave off a recession in the world's largest economy. At 0045 GMT the Nikkei was down 4.39 percent at 12,740.34, below the 13,000 level to its lowest since September 2005. Continued... .
US Treasuries hammered on return of risk appetite
In the afternoon, the US claims and existing home sales were mixed and hadn't an immediate large impact on trading. But US equities trading in positive territory kept the downtrend on the bond markets intact with bonds closing the day at the day lows, although details about the bond insurer plan remained unclear. On the other hand, the Bush administration reached an agreement with the leaders of the House of Representatives over a USD 150 B fiscal stimulus package to stave off a recession. In a daily perspective, US yields rose between 8-16 bps, compared to 7 to 22 bps in the euro zone. The difference was mainly due to different closing hours. US Treasuries hammered on return of risk appetite Today, the calendar is completely empty. The 20-year TIPS auction went well, as it stopped below the 1.00PM bid side.
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Iranian couples trapped by six-figure party dilemma
Sam Cohan recently completed his residency. As he looked for a job locally, his student loans weighed on him. The 30-something Iranian Jew had grown up middle class in the Valley and had to take out the loans to pay for his education at a prestigious medical school.
With no immediate prospect for income, he found himself caught between feelings of frustration and guilt as his fiance, her parents and his parents pressured him into a wedding he couldn't afford.
Cohan didn't want to break with Iranian tradition or disappoint either family, so he borrowed nearly $100,000 to cover the wedding expenses.
"I felt trapped with the whole situation and wanted to call everything off, but I decided to take the loan in the end because my wife agreed that we'd both work and pay it off little by little," said Cohan, who asked that The Journal not reveal his real name.
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