News
2 Tribune
Thursday, October 25, 2012
News in Brief Bank of America sued by U.S. Federal prosecutors filed a lawsuit against Bank of America Wednesday for more than $1 billion, according to USA Today. The civil mortgage lawsuit accused the bank of scheming to “hustle” mortgage applications. The “hustle” is a loan origination program to process mortgage applications, quickly causing toxic loans. The program was allegedly in effect from at least 2007 to 2009. The schemes defrauded federally backed mortgage buyers during the national financial crisis. The quickly processed, fraudulent and defective loans were sold to Frannie Mae and Freddie Mac. The complaint, filed in the U.S. District Court in New York, alleges that the program caused more than $1 billion in losses and thousands of foreclosures. Bank of America shares dropped after news of the lawsuit and finished Wednesday down five cents.
Thompson, Baldwin jab about 9-11 While much of their campaigns to this point have been focused on the economy, Wisconsin U.S. Senate candidates former Gov. Tommy Thompson and U.S. Rep. Tammy Baldwin have begun arguing about the level of support they have for victims of the Sept. 11, 2001 terrorist attacks. The issue arose Tuesday when Thompson released an ad criticizing Baldwin for voting against a 2006 resolution honoring 9-11 victims. Baldwin responded by saying she had voted for nine other resolutions
supporting victims and that she only opposed the one in the ad because she felt it politicized the issue. She released her own ad Wednesday that accused a company Thompson heads as being slow to provide services to 9-11 victims when it received a federal contract to do so. Former New York Gov. George Pataki (R) has come to Thompson’s side in the argument, while Baldwin has received support over the issue from U.S. Reps Carolyn Maloney and Jerrold Nadler, both New York Democrats. Pataki called Baldwin a “leftist radical” for her vote against the aforementioned 2006 bill, while Maloney and Nadler praised Baldwin for helping in getting a 2011 9-11 compensation act passed and reiterated Baldwin’s attack against Thompson. The most recent RealClearPolitics.com polling average shows the race in a dead heat, with Baldwin leading by just 0.8 percent.
DPS Reports Shootout shakes Waukesha A 76-year-old Waukesha man was arrested Tuesday following a shootout with police and is now awaiting multiple charges, the Milwaukee Journal Sentinel is reporting. The altercation began after police responded to a domestic violence complaint by the suspect’s ex-wife, who was being held against her will by the man, and ended with the surrender of the suspect about an hour after the arrival of the police. The incident took place just two days after a mass shooting also involving domestic violence in which a 45-yearold man shot and killed his ex-wife and two others near the Brookefield Square Mall. As with the previous event, the suspect was ordered to surrender his firearms following his separation from his wife in 2010, but did not.
Apple reveals iPad Mini, new laptop
Halloween party turns tragic
The new iPad Mini was one of numerous new devices unveiled by Apple during an event Tuesday in San Jose. The 7.9-inch Mini starts at $329 and is expected to compete with other small tablets such as Amazon’s Kindle Fire and Asus’s Nexus 7. Also showcased during the event were new models of the 13-inch MacBook Pro and original iPad, both with Retina displays, and a vastly thinner iMac desktop. Because the announcement of the new iPad came only six months after the release of the last iPad, some Apple stores are allowing customers who purchased the older model within the past 30 days before the event to exchange it for the newer one.
A 9-year-old costumed girl was accidently shot outside a western Pennsylvania home during a Halloween party when a relative mistook her for a skunk. New Sewickley Township police say the girl was wearing a black costume with a black hat and white tassel when a male relative fired a shotgun, hitting her in the shoulder, arm, back and neck. The girl was alert and taken to Children’s Hospital of Pittsburgh, though her condition is unavailable. The man was not drinking, and a decision as to whether to file charges will be made within the next few days.
MKE Church headed to court Archdiocese does not settle on money owed to sex abuse victims By Seamus Doyle
seamus.doyle@marquette.edu
The Archdiocese of Milwaukee, which filed for Chapter 11 bankruptcy on January 4, 2011, failed last week to reach an outof-court settlement with those to whom it owed money, namely victims of sexual abuse. With mediation over, the archdiocese must now return to costly bankruptcy court proceedings to come to an agreement with those filing suit against it. “The archdiocese had spent about $7.2 million as of Aug. 1 for attorneys and consultants on both sides, and more than $300,000 in fees has been added since then, according to court records,” the Milwaukee Journal Sentinel reported on Oct. 15. Unlike many other court proceedings, in bankruptcy court,
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the debtor (in this case the archdiocese) has to pay legal and court fees for both sides. While the archdiocese remains hopeful that a settlement can be reached out of court, the collectors are focusing on their next move. At a hearing, attorneys said they plan to sue the archdiocese to consolidate and determine its net worth, pursue millions of dollars worth of archdiocese insurance coverage, establish whether or not the archdiocese owns its Cousin’s Center headquarters and determine whether the archdiocese’s donors and “Faith in Our Future” campaign were fraudulent financial transfers. In 2002, the Rev. Timothy Dolan, now a cardinal and the current archbishop of the Archdiocese of New York, was
appointed archbishop of the Archdiocese of Milwaukee. During his time in Milwaukee and since then, the diocese has done much to combat the scandal of clerical abuse and make financial ends meet. While the financial troubles of the archdiocese have had far-reaching effects on ministry in Milwaukee, they have not affected Marquette to any great degree. “I am not aware of any direct effect of the archdiocese’s bankruptcy on Marquette,” said Stephanie Russell, the vice president for mission and ministry at Marquette. From the outpouring of victim claims in the 1990s to the bankruptcy filing last year, the affair has been long and drawn-out and shows few signs of ending soon.
I am not aware of any direct effect of the archdiocese’s bankruptcy on Marquette.”
Oct. 18 At 2:33 a.m. an underage student admitted to drinking alcohol in the 800 block of N. 18th Street. MPD was notified. At 2:47 p.m. two students reported that six to eight juveniles acted in a disorderly manner toward them in the 600 block of N. 20th street. The juveniles fled the scene. MPD was contacted.
Oct. 21 At 1:40 a.m. a person not affiliated with Marquette removed property from a business in the 1600 block of W. Wells St. The subject was verbally detained by DPS and cited by MPD. Oct. 22 At 1:00 p.m. a student reported that unknown person(s) removed his property estimated at $800 from his unsecured, unattended residence in the 900 block of N. 16th St. MPD was contacted.
Events Calendar OCTOBER 2012
S M 1 7 8 14 15 21 22 28 29
T W T F S 2 3 4 5 6 9 10 11 12 13 16 17 18 19 20 23 24 25 26 27 30 31
Saturday 27 Men’s soccer vs. Notre Dame, Valley Fields, 7 p.m. Acoustic Night featuring Erika Force, Union Sports Annex, 9 p.m.
Sunday 28
Thursday 25 Mystery Beer Night, Whole Foods Market, 6 p.m.
Bloody Mary Brunch Tour, Historic Third Ward, 10:30 a.m.
Pumpkin carving, Olin Engineering, 7 p.m.
An Evening WIth Edgar Allen Poe, Brumder Mansion Theater, 1:30 p.m.
Kurt Scobie, Brooks Lounge, 8 p.m.
Marquette Orchestra fall concert, Varsity Theatre, 2 p.m.
Monday 29
Friday 26 How to Train Your Dragon Live Spectacular, Bradley Center, 7 p.m.
Health Care Forum, Wehr Chemistry, 6:30 p.m.
Wiz Khalifa, The Rave / Eagles Club, 8 p.m.
Cat Power, Turner Hall Ballroom, 7 p.m. Sex @ 7, AMU 157, 7 p.m.
Howie Mandel, Northern Lights Theater, 8 p.m. and 10 p.m.
Contact Us and Corrections The Marquette Tribune welcomes questions, comments, suggestions and notification of errors that appear in the newspaper. Contact us at (414) 288-5610 or editor@marquettetribune.org.
The Marquette Tribune Editorial
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Stephanie Russell, vice president for mission and ministry
ADOPT THE PACE OF NATURE: HER SECRET IS PATIENCE.
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-RALPH WALDO EMERSON