The News Review:
- Kennedy auction offers star-studded experiences
- UPDATE 1-Wells Fargo to fight Washington auction-rate claims
- Microsoft Targets Auctions in Counterfeit Crackdown
Kennedy auction offers star-studded experiences
The Associated Press
com)Kennedy auction offers star-studded experiencesBy VERENA DOBNIK – 1 hour ago NEW YORK (AP) — For those hard-to-please people on your holiday gift list this year consider some unusual presents: the chance to hang out with Bill O’Reilly sing with Aretha Franklin or tour the Capitol with Nancy Pelosi. Those are just some of the items on auction this month to benefit the Robert F. Kennedy Center for Human Rights. Proceeds will fund the center’s efforts both domestically and globally. Among the items is musical advice from Clive Davis a private pottery lesson with Marcia Gay Harden and a nonspeaking role in the next Farrelly brothers’ movie. There’s also a personal tour of a floor of the NBC network at Rockefeller Plaza led by Luke Russert son of the late “Meet the Press” host Tim Russert.
UPDATE 1-Wells Fargo to fight Washington auction-rate claims
Reuters
Washington said it intends to order the bank to offer tobuy back the debt at face value and to pay a fine. Wells Fargohas the right to request a hearing to mount a defense before apenalty is imposed. Auction-rate debt has rates that reset in periodicauctions. The $330 billion market seized up in Februaryleaving tens of thousands of investors either unable to sellthe debt or able to sell it only at a loss. Washington said Wells Fargo customers held $3. 93 billion ofauction-rate debt in February and that many were still unableto access funds nine months later. The regulator also accusedthe bank of ignoring a subpoena for testimony by an employee.
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Microsoft Targets Auctions in Counterfeit Crackdown
PC World
On Thursday the company will add another 63 legal filings in 12 countries against individuals who it says are selling counterfeit Microsoft products. The 63 actions are against people allegedly selling counterfeit versions of Microsoft Office Windows XP and other products at online auction sites said Matt Lundy senior attorney with Microsoft’s anti-piracy and anti-counterfeiting team. Of the cases being filed 16 are against defendants in the U. 12 each in Germany and France and seven in the U.