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RI sues Schilling, banks

Written By Unknown on Jumat, 02 November 2012 | 10.46

Rhode Island Governor Lincoln Chafee said the state's economic-development organization sued Wells Fargo, Barclays and Curt Schilling, the former chairman of 38 Studios LLC, the bankrupt video-game company.

The banks and Schilling, the former Boston Red Sox pitcher who founded 38 Studios, didn't disclose to the state Economic Development Corp. negative information about the Providence-based company's financial projections and business plan, according to a copy of the complaint posted on the EDC website.

The filing couldn't be immediately confirmed.

Curt Schilling

Getty Images

Curt Schilling

"38 Studios failed because of risks that had not been disclosed to the EDC board, but were or should have been known by" the defendants, the state said in the complaint.

The EDC board in 2010 approved the issuance of $75 million in bonds to finance a loan to allow 38 Studios to move to Rhode Island from Massachusetts and complete a multiplayer online game called Copernicus.


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Priceline pumped up

Priceline.com, the online travel agency, reported profit that topped analysts' estimates as consumers flocked to the site. Third-quarter net income jumped 27 percent to $596.6 million, or $11.66 a share, from $469.5 million, or $9.17 a share, a year earlier.


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Festival Of Lights

MOVIE REVIEW

FESTIVAL OF LIGHTS
Running time: 120 minutes. Not rated (violence, profanity, sexuality). At Loews East Village, Third Avenue between 11th and 12th streets (pending restoration of power).

The country of Guyana and its once-sizable Indian population are thinly covered, if at all, in mainstream films, and perhaps that's why director Shundell Prasad has crammed so much into her first feature.

The story begins with father Vishnu (Jimi Mistry), mother Meena (Ritu Singh Pande) and daughter Reshma (Melinda Shankar) celebrating Diwali, the Festival of Lights of the title. Thugs attack their neighbors (exactly where the thugs came from is unclear, as are many things in the film), and the family decides to leave. But Vishnu can't get a visa, and so his wife and daughter go without him.

Fast forward 13 years, and Reshma has become a sassy Queens teenager, resentful of her rich stepfather (Aidan Quinn, a long, long way from "Desperately Seeking Susan") and yearning to find out what became of Vishnu.

That can't begin to summarize everything that's going on in this movie — there's date rape, drug smuggling, runaways, stepfamily pressures, how to make a roti. Prasad has a hard time keeping her bulging narrative straight; the twitchy editing, jarring close-ups and bobbing camera only muddle the audience.

She does get nicely sensitive performances from Shankar and Pande, and there's a lot of intrinsic interest in this unexplored immigrant community. But by the time we've jumped from Queens to a Guyanese maximum-security prison, it's clear that the "Festival of Lights" has gotten entirely too crowded.


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Fake horror bombs in the ‘Bay’

MOVIE REVIEW

THE BAY
Running time: 84 minutes. Rated R (bloody images, profanity, violence). At the Munroe Film Center and the IFC Center (pending restoration of power).

Director Barry Levinson returns to his native Maryland for "The Bay," which unfortunately is not part of the delightful series of autobiographical films he began with "Diner."

Instead, the Oscar-winning director of "Rain Man" — whose last film, the abysmal documentary "PoliWood" never went much further than the Tribeca Film Festival — demonstrates he can make a shakycam found-footage horror movie every bit as fake-looking, clumsy and unscary as your average college student working on a $200 budget.

Distantly based on fact and Ibsen's "An Enemy of the People,'' and narrated by a young TV reporter (Kether Donohue), it offers supposedly suppressed footage showing a fictional Chesapeake Bay town where the mayor (Frank Deal) has been covering up environmental issues.

"The Bay'' takes place entirely on July 4, 2009, when hundreds succumb to gory attacks by mutant isopods triggered by chicken excrement and runoff from a nuclear reactor. You probably won't want to order crabs for dinner afterward.


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Who's zooming who!

1. World Series 3,679,323

2. The X Factor 1,670,802

3. The Walking Dead 1,163,175

4. Giants vs. Cowboys 919,443

5. WWE Monday Night Raw 907,356

6. SpongeBob 713,473

7. Bad Girls Club 605,269

8. Jersey Shore 590,836

9. WWE Smackdown 559,851

10. The Voice 498,333

From Trendrr, ranking of total references on Twitter, Facebook, Miso, and GetGlue in the past week.


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The long slog back

Written By Unknown on Kamis, 01 November 2012 | 10.46

New Yorkers like to think of themselves as tough and resilient in challenging times when disaster strikes.

And with good reason: They are.

They've already begun to prove that, as the devastated region begins slowly — but very surely — to recover from the effects of Hurricane Sandy.

City buses began running yesterday, packed with riders still shut out of the flooded subway system.

Parts of the underground are set to roar back to life today, joining Metro-North and the Long Island Rail Road, which resumed very limited service yesterday.

Bridges are now opened, though the flooded tunnels — including the Hugh Carey/Brooklyn-Battery Tunnel — remain closed.

AP

In line at the Times Square TKTS booth

The stock exchange resumed business after being shut for its longest storm outage since 1888.

Broadway resumed performances, although Carnegie Hall had to cancel all concerts because of that dangling crane on West 57th Street.

Organizers said Sunday's New York City Marathon will proceed as scheduled.

And though many still remain in the dark — and will be for days to come — power is slowly returning to the city's blacked-out areas.

Yes, there were other setbacks:

The NBA, at Mayor Bloomberg's urging, reversed course late yesterday and canceled tonight's scheduled game at the Barclays Center between the Nets and the Knicks.

(The Nets will now open their new arena on Saturday against Toronto.)

Bellevue Hospital had to be evacuated, as NYU-Langone was on Monday, because its back-up generators failed.

Cellphone service throughout the region was compromised by the loss of many towers in the storm.

And there was no way of swiftly reversing the horrible destruction that visited places like Breezy Point, Gerritsen Beach and the Rockaways.

But as with 9/11 — a much less widespread disaster, to be sure, despite the calamitous loss of life — New Yorkers wasted no time in beginning the hard work of rebuilding.

No, the region has never before seen a swath of devastation quite as wide as the one unleashed by the monster storm.

The 9/11 attack, for its catastrophic cost in human life, was more or less localized — making the task of returning to a state of normalcy less complicated.

But no matter how hard the punch, New Yorkers always manage to bounce back — and stronger than ever.

As Mayor Bloomberg said yesterday: "We are on our way back to normal. We are on the road to recovery."

We never doubted it.

Doubters will soon learn.

Have an opinion on this Post editorial? Send it in to LETTERS@NYPOST.COM!


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Middle-eastern eyes on our election

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Amir Taheri

Pollsters and pundits are far from the only ones trying to guess the outcome of the coming US election. Thousands of miles away, participants in the Middle East's deadly political game are tailoring their moves in anticipation of the results.

Iran's rulers appear to have concluded that President Obama will win a second term, in which he'll adopt a more flexible stand on their nuclear program.

Yesterday, Ramin Mehmanparast, the Foreign Ministry spokesman in Tehran, declared that efforts are already under way to arrange another set of talks on the nuclear issue. The Iranian side would be led by Saeed Jalili, the secretary of the High Council of National Security.

At the same time the daily Resalat, reflecting the views of "Supreme Guide" Ali Khamenei, claimed that Iran will agree to direct talks with the US with certain preconditions — chief among them, US reaffirmation of the Algiers Accords (signed by the United States during Jimmy Carter's presidency), implicitly acknowledging Iran's position as a key player in the region. The paper notes that "such leading Democrats as Jimmy Carter and Zbigniew Bzrezinski favor the recognition of Iran's power."

Tehran's assumption is that, freed of electoral concerns, Obama will lead US foreign policy away from confrontation and toward accommodation.

Yet two of Iran's allies, Syria and Russia, seem to worry that Mitt Romney might win.

The Damascus daily Tishrin, reflecting the view of the ruling Ba'ath Party, claims that the Syrian regime must try to crush the opposition by force before coming "changes in the international situation," including the emergence of a harder line in Washington. To make maximum use of what they believe could be Obama's final weeks in power, Syrian leaders have ordered a massive campaign of air strikes against several major cities, including Damascus and Aleppo.

Obama has resolutely opposed the setting up of no-fly zones to prevent Assad from using his air-power monopoly to compensate for his loss of control on the ground. Romney has made no specific promise on Syrian no-fly zones, like the ones America set up in Iraq to prevent Saddam Hussein from massacring the Kurds. But some Romney foreign-policy advisers are on the record in favor of such an option to protect civilians in Syria.

A hint of Russia's fear of a Romney victory came last week from Foreign Minister Sergei Lavrov, who predicted a hardening of the US position on the creation of a missile shield in Central Europe. Obama has put the project on ice; Russia insists it be totally scrapped.

Interfax news agency quoted Lavrov as saying that Russia would work with the new US administration, whoever wins on Tuesday: "There are many examples in the history where pre-election rhetoric went off the scale, but only when the winner . . . has to deal with concrete matters, one can judge the real intentions of any particular administration."

Judging by media reports and comments by local politicians, the oil-rich Arab states of the Persian Gulf, led by Saudi Arabia, favor an Obama victory. One reason is that they know little about Romney, who's made no attempt at opening channels of communication with them. But Romney has a card to play in this context: He has strong support from former President George H.W. Bush, who has excellent contacts in Saudi Arabia, Kuwait, Qatar and the United Arab Emirates.

On balance, the Israelis appear to favor a Romney victory, persuaded that Obama is influenced by traditional "Third Worldist" attitudes vis-à-vis the Jewish state.

The new "Arab Spring" regimes are divided, with regard to the effects of the US election on their future ties with Washington. Under Obama the US had forged a tactical alliance with the Muslim Brotherhood that has won a big role in the Tunisian and Egyptian governments. Still wedded to a Third Worldist discourse, Algeria also favors Obama — while Morocco and Libya clearly prefer Romney.

Afghans and Iraqis tell me that they would prefer almost anyone to Obama. "Obama wrecked our relations with the United States," a senior Iraqi politician tells me on condition of anonymity.

All in all, Obama has managed to reduce the importance of US leadership in the Middle East. In some cases, his "leading from behind" strategy has rendered the American factor almost irrelevant in regional political calculations.

The last word must go to Lebanon's most popular television fortune-teller: "Within the next few days we could expect major changes," she told her captive audiences the other day.

Have a comment on this PostOpinion column? Send it in to LETTERS@NYPOST.COM!


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To fix traffic chaos

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Nicole Gelinas

Hours after service resumed Tuesday night, uptown-downtown buses in Manhattan were standing-room only. It's a sign of health that people lucky enough not to have to deal with flooding, fire or power outages at home were up and about.

But yesterday's huge traffic jams are a warning: The city and MTA must do a bang-up job meeting the rising post-Sandy demand for transit, or Gotham will stay choked by car traffic.

The MTA's off to a good start. It had bus drivers (and dry buses) at the ready to get people going at leastsomewhere. And the early subway shutdown gave workers time to remove some equipment from tunnels, protecting it.

Nightmare: The jam along 4th Avenue in Brooklyn yesterday morning.

Paul Martinka

Nightmare: The jam along 4th Avenue in Brooklyn yesterday morning.

Now, three of seven subway tunnels are "dewatered." Some commuter-rail tracks are clear, too. So commuter-rail service started yesterday from White Plains, and limited subway service starts today.

The MTA did a good job of explaining this yesterday, too, so people could plan for today.

But it's less — far, far less — than half of normal service. Subways won't go below 34thStreet or through downtown Brooklyn because of power outages. And commuter rail will still be closer to nonexistent than running.

OK: With power out downtown, people can't work in offices, anyway. But as more people make it into Manhattan workplaces next week, they'll create a bigger strain on a weakened transportation system.

Already yesterday, with most offices still shuttered, car traffic was out of control, with hours-long waits on buses as well as chaos leading into Manhattan.

Some numbers explain why.

On a normal weekday, according government stats, only 26 percent of people come into Midtown or Lower Manhattan by car, van, truck or taxi. The rest (74 percent) come via transit — subway,commuter rail and bus.

The citycan'tfit the number of cars it would take to bring in even a fourth of those who normally come via transit.

And that's ingoodconditions. Car tunnels and some major roads and traffic lights are still out, and cops have other things to do than police traffic.

As Mayor Bloomberg said yesterday, "The streets just cannot handle the number of cars." So City Hall — and Janette Sadik-Khan's Department of Transportation — has got to do better.

The mayor started yesterday, saying he'll restrict traffic over the free East River bridges to cars with three people. Gov. Cuomo said he'll do the same at the Lincoln Tunnel and three bridge crossings.

The Port Authority and the MTA should also look at charging cars significantly more at tolled crossings into Manhattan as a temporary, emergency measure. That would lessen the need for police resources to enforce High Occupancy Vehicle rules. Let economics weed out whohasto come in (he's the one with pallets of baby formula) and who is curiosity-seeking.

The mayor will also restrict some lanes to buses only, and work with MTA chief Joe Lhota on Lhota's push for a "bus bridge" into Manhattan to replace still-suspended subway services.

The mayor must make sure this works, though — and the fact that it took the city well into late afternoon to get out even scarce details bodes poorly.

In fact, Bloomberg should go further, and close off major roads leading to the bridges — and Manhattan streets like Fifth and Sixth avenues and 42nd and 57thstreets — to car traffic.

That way, bus passengers wouldn't have to depend on cars' (and pedicabs') willingness to stay out of bus lanes. People could speed along in buses and walk the rest of the way after coming over the "bus bridge" or on what trains are running.

Yes, enforcement would be hard — but the city DOT closes Park Avenue on summer weekends with enforcement by civilian employees and volunteers. Heavy public announcements would deter most vehicles, and metal barriers plus civilian "flaggers" could do the rest.

Yes, the city and the MTA will be experimenting on the fly — to figure out what works and what doesn't.

One thing is for sure: 80 people standing on a bus for hours may try it once again — but won't keep trying it.

Employers and employees may not give many second chances before they learn that it pays (in time and lost productivity) to stay home.

Nicole Gelinas is a contributing editor to the Manhattan Institute'sCity Journal.

Have a comment on this PostOpinion column? Send it in to LETTERS@NYPOST.COM!


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See no truth, say no truth

"'Don't Ask, Don't Tell' is back. Not for gays in the military, though. It's President Obama's new policy for questions about [Benghazi,] Libya."

— NBC "Tonight Show" host Jay Leno, Tuesday, in his nightly monologue

AP

President Obama on Jay Leno's Tonight Show

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Fate chooses randomly

Even as the city struggles to return to normal in Sandy's aftermath, New Yorkers can't and won't forget the dozens of their neighbors who didn't make it through.

"For all we do to recover, it's fair to say we can't replace the lives of the people lost in the storm," Mayor Bloomberg said yesterday in somber remarks to the city.

Some were heroes — like NYPD Officer Artur Kasprzak, who drowned after saving seven members of a family on Staten Island who'd been trapped in their flooding South Beach home.

Kasprzak was just 29, and was off-duty. But we doubt he thought twice about his final act, which should long resonate in the hearts of all New Yorkers.

Hero Police Officer Arthur Kasprzak

Some of Sandy's victims refused to evacuate — and paid the ultimate price for thinking they could weather the storm in the safety of their homes.

Alas.

But so many victims lost their lives because of sheer bad luck.

There was Tony Laino, 29, of Flushing, who was killed by a tree that crashed into his home and crushed him in his bed.

And high-school teacher Jessie Streich-Kest and her boyfriend, Jacob Vogelman, both 24, who were killed by a falling tree while walking their dog on a quiet Brooklyn street.

And, of course, no one would call the residents of Breezy Point, Queens, lucky — nearly half that seaside neighborhood was burned to rubble thanks to the hurricane. But its residents fled the fires and survived — and in such small favors there is something for which to be grateful.

No, there's nothing even remotely fair in all this. And there is no explaining fate.

But New Yorkers have two great charges if they wish to honor their friends and neighbors who passed away this week.

First, to remember.

Then, to rebuild.

Have an opinion on this Post editorial? Send it in to LETTERS@NYPOST.COM!


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