GCIS INTELLIGENCE BRIEFING: Former UBS Investment Banker Sentenced in Manhattan Federal Court to 22 Months in Prison for Insider Trading Scheme

ISSUED BY: GCIS Communications Command Center

SOURCE: FBI

21March2011 8:17pmEST

GCIS INTELLIGENCE UPDATE:  PREET BHARARA, the United States Attorney for the Southern District of New York, announced that IGOR POTEROBA, a former investment banker in the Healthcare Group of UBS Securities LLC (“UBS”), was sentenced today to 22 months in prison for his participation in an insider trading scheme in which he passed material, non-public information regarding six mergers and acquisitions that certain UBS clients were contemplating to a co-conspirator, ALEXEI P. KOVAL, who then traded on this information, generating hundreds of thousands of dollars in illicit profits. POTEROBA, 37, was sentenced in Manhattan federal court by U.S. District Judge PAUL A. CROTTY.

Manhattan U.S. Attorney PREET BHARARA said: “The message of today’s sentence of Igor Poteroba should be crystal clear—this office, along with our law enforcement partners, will not abide corrupt insiders who use their privileged positions to steal their companies’ valuable secrets and cash in on them. Professionals who engage in insider trading will be punished to the full extent of the law.”

According to documents previously filed in Manhattan federal court:

Since 2006, POTEROBA served as an executive director at UBS where he obtained material, non-public information (the “UBS Inside Information”) regarding certain mergers and acquisitions involving the following six publicly traded health care companies: Guilford Pharmaceuticals, Inc., Molecular Devices Corporation, PharmaNet Development Group, Inc., Via Cell, Inc., Millennium Pharmaceuticals, Inc., and Indevus Pharmaceuticals, Inc. (collectively, the “Health Care Companies”). In violation of his duties of trust and confidence, he then disclosed the UBS Inside Information to KOVAL, who in turn disclosed the UBS Inside Information to another co-conspirator (“CC-1”).

As part of the scheme, POTEROBA typically tipped KOVAL by telephone in advance of a public announcement that one of the Health Care Companies was to be acquired. Shortly after receiving such a call, KOVAL and CC-1 purchased securities in the company. Following the public announcement of the acquisition, KOVAL and CC-1 quickly sold the securities they had purchased. KOVAL and CC-1 executed dozens of securities transactions based on UBS Inside Information provided by POTEROBA. POTEROBA then received a portion of the profits from KOVAL.

In addition to his prison term, Judge CROTTY sentenced POTEROBA, of Darien, Connecticut, to three years of supervised release and ordered him to forfeit $465,095.21, representing the amount of foreseeable proceeds obtained as a result of the securities fraud offenses. Judge CROTTY also ordered POTEROBA to pay a $25,000 fine and will determine the amount of restitution at a later date.

POTEROBA’s co-defendant, ALEXEI KOVAL, 37, of Chicago, Illinois and Pasadena, California, pled guilty to related charges on January 7, 2011, and is scheduled to be sentenced on May 24, 2011, at 4:00 p.m., before Judge CROTTY.

Mr. BHARARA praised the investigative work of the FBI. Mr. BHARARA also thanked the U.S. Securities and Exchange Commission for its assistance in the investigation. (read full report)

"GCIS INTELLIGENCE UPDATE" is an intelligence briefing presented by Griffith Colson Intelligence Service, and provided to the public for informative purposes only. All subject matter is credited to it’s source of origin, and is not intended to represent original content authored by GCIS, it’s partners or affiliates. All opinions presented are those of the author, and not necessarily those of GCIS or it’s partners.
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IT’S THAT TIME AGAIN, WHAT SHOULD I CARVE THIS YEAR?

Pumpkin carving is serious business in my house. My wife and I always carve a couple of pumpkins together every year.

This year is extra special because my son will be able to join in the fun. He was too young last year to know what was going on but he’s been talking about Halloween since last month so I’m pretty sure I’d go to Hell if I didn’t include him this year.

So, here’s where I need everyone’s help: What should I carve?

I want to carve something that is gaming- or geeky-themed but honestly if you have a suggestion just throw them my way. Feel free to send me your suggestions here or at my personal Tumblr

Also, all the pumpkins you see here were carved by myself or my wife (check the captions).

GCIS INTELLIGENCE BRIEFING: Soros-paid Scribes Cover Their Tracks in Egypt

ISSUED BY: GCIS Communications Command Center

SOURCE: Right Side News

09February2011 7:10pmEST

GCIS INTELLIGENCE UPDATE: In attempting to explain how lobbyists get U.S. foreign aid for Egypt, journalist Pratap Chatterjee of the George Soros-funded Center for American Progress writes that Tony Podesta, “the brother of a former White House chief of staff,” joined with Toby Moffett, a

former Democratic Congressman, and Bob Livingston, a former Republican Congressman, to create a lobbying organization, the PLM Group, to represent Egypt in Washington.

He wrote, “The Livingston Group made the largest number of contacts with the U.S. government for the Egyptians to make sure that this money continued to flow, but they were not the only ones. Tony Podesta, the brother of a former White House chief of staff, and Toby Moffett, a former Democratic Congressman, joined forces with Livingston to create the PLM Group to represent Egypt in Washington, according to foreign-agent records at the Justice Department.”; (read full report)

"GCIS INTELLIGENCE UPDATE" is an intelligence briefing presented by Griffith Colson Intelligence Service, and provided to the public for informative purposes only. All subject matter is credited to it’s source of origin, and is not intended to represent original content authored by GCIS, it’s advertisers or affiliates. All opinions presented are those of the author, and not necessarily those of GCIS or it’s partners.
Kayaking: Fun outdoor activity or reckless life-endangering shenanigan?

Ok. Let’s be honest. I am not the most active of people. My idea of exercise is taking the stairs instead of the elevator. Yes, I’ve started running, but it’s running in the sense of ‘five-minute-run-god-I-can’t-breathe-oh-help-walk’ kind of running, as opposed to the ‘why-yes-I-am-so-fit-hour-long-sprint’ kind of running, so it’s safe to say, when it comes to outdoor activities I don’t cope very well. But, you know, I feel as if deep down inside there is a somewhat more-active, less-useless person just struggling to get out. A more gung-ho, let’s-do-this type of girl who loves hiking and can put up a tent faster than you can say ‘let’s rather stay in a chalet’. And that is the girl who approached the kayaking trip today.

I have been known to say, in the past (on a hiking trip that nearly ended my life), that the minutes an outdoor activity becomes dangerous, it becomes fun (which is a rather messed-up philosophy, but before we got lost on the mountain in that massive storm it had all been steep uphills and same-y scenery), the same applied to this kayaking adventure. Paddle down the beautiful, flat river? Boring. Get stuck in a rapid? Exciting. You see, Chelsea and I thought we’d be ok. Chels, afterall, had done many an Orange River Canoeing trip in her lifetime, and I figured I could just muddle along. I mean, we weren’t the only newcomers to the kayaking world, the rest of the international exchange kids were as well, for the most part, so we thought, if it were a fail, it’d probably be a group failing, one which we could all laugh over at lunch later. How wrong we were.

Rapid one: We got stuck. Came at it skew and got wedged in between two rocks. After trying to extricate ourselves for ages, we came to the conclusion that we’d need to push from outside the boat. So, being the kindly friend I am (read: being the danger whore I am, who only likes outdoor activity when it involves some kind of added adrenalin - sure, this wasn’t too dangerous, but still…), I made the self-sacrificing decision to get out of the boat and push us free. I did so, after a bit of work, but was unsuccessful in getting back into the boat when I was done. What I did succeed in doing, however, was hang on to the boat whilst it went down the rapid. With me trailing behind. Screaming like the proverbial banshee. 

Rapid two: We did not get stuck. Point one in our favour. We did, however, crash into some other kayakers. Yes. Crash. With an almighty thud. A thud which caused one of the girls in the boat to come tumbling out, hitting her head and drowning her phone in the process. Also, she lost her shoes, so Chels and I rode around for the next ten minutes trying to fish them out of the water whilst the other girl attempted to pull her back into their boat. Fantastic.

Rapid three: Approached it at a funny angle, had to row around and around and AROUND until we found an angle which wouldn’t send us to meet our makers.

Rapid four: See rapid three. And another ‘and around’.

Rapid five: Success! Yes, you heard (read) me, success. This one went off without a hitch (the only one which went off without a hitch…)

Rapid six: Repeat rapid three.

Then we had a long stretch of river, some of which was so shallow and rock-filled that I had to get out of the kayak again and again (and again and again and AGAIN) and push us free. This period was beautiful, if a little dull, but filled with deep and meaningfuls and lovely poetic images of ducks and swans (and the occasional freak out about soaking wet cameras and phones - water rushing into the boat a LOT in the rapid debacles…). 

In the end, we were the last people off of the river, we were the most soaking wet by a long shot and I had a giant scrape on my leg from Rapid One. However, good fun was had by all, and I would thoroughly recommend it (if you do decide to go kayaking, might I suggest trying to avoid what happened on rapids one through four - unless you like an element of excitement and copious amounts of rowing in a circle, in which case, go right ahead!) 

GCIS INTELLIGENCE BRIEFING: FBI begins to take note of 'Sovereign Citizen' activity

ISSUED BY: GCIS Communications Command Center

SOURCE: AJC

18March2011 10:43amEST

GCIS INTELLIGENCE UPDATE: Federal authorities are seeing an increase in the number of 

foreclosed and unoccupied homes in metro Atlanta being seized by members of an anti-government group.

“I’m not sure I can connect it with the economy, but we’ve seen a surge of these in the last year, in particular,” Stephen Emmett, special agent in the Atlanta field office of the FBI, said Saturday. Emmet said federal and local authorities increasingly are running into confrontations with members of a sect known as “sovereign citizens.”

The group believes banks can’t own land or property and that any home owned by a bank — including the thousands of foreclosed properties throughout Georgia — are theirs for the taking. (read full report)

"GCIS INTELLIGENCE UPDATE" is an intelligence briefing presented by Griffith Colson Intelligence Service, and provided to the public for informative purposes only. All subject matter is credited to it’s source of origin, and is not intended to represent original content authored by GCIS, it’s partners or affiliates. All opinions presented are those of the author, and not necessarily those of GCIS or it’s partners.
Live chat to the SA government using Mxit

Live chat to the SA government using Mxit

In its efforts to reach and engage with the youth of South Africa, the Department of Government Communication and Information System (GCIS) has launched a SA Government application on Mxit.

Through this Mxit app, the GCIS will host live chats with citizens, where government officials will be chatting, answering questions and considering suggestions posed by users. The GCIS previously engaged in a…

View On WordPress

GCI READER: I’ve messaged you before about things, and you’ve always been very helpful. I helped out at a Christian Youth Camp this summer, it was my first time and a few weeks ago I got added to the FB page of all the leaders and such. Today I was scrolling down the page, looking at the jokes. prayer requests and the love shared between the leaders and it made me feel very happy. But scrolling further back, I found a post with nearly a hundred comments on. It was an argument about homosexuality and the Bible and churches. It was really awful to read. I understand that these issues sometimes need to be discussed, but it’s just made me struggle a lot. One person was saying they still loved gay people, but they believed same sex relationships was still wrong and it should be taught like that and preached in Churches. But I just hate the concept of “hate the sin, love the sinner” because of suicide rates and feelings of guilt within the LGBT community. No one should feel like that, and preaching that God loves them but they’re feelings and lifestyle are wrong is still hurtful. How can non-Christian gay people come to Christ if the Church is condemning their feelings/lifestyle while still proclaiming God loves them?? I’m just so confused and really upset with the post and with the Church as a whole. I’m not sure I could worship a homophobic God, but some people are so adamant that God doesn’t approve. I’m not even sure what I think anymore and I know you have debunked the Bible verses talking about gay sex/relationships but there is still no affirmation of gay relationships in the Bible. I just feel lost.
— 

First of all, I have ZERO tolerance for any religious institution peddling anti-LGBT nonsense to our youth, and I hope you wouldn’t either. As you said, it causes them to be self-loathing, to self-harm (and not just physically), or to even commit suicide. As Archbishop Desmond Tutu says, I would refuse to worship a homophobic God. And I cannot believe that God sees things like these so-called Christians do. In fact, the Bible says God does not see as mortals see; they look at the outward appearance but God looks at the heart (1 Samuel 16:7). 

Sometimes I get so mad at the state of the Church too. Too often, she only seems concerned with genitalia, uteri, or micromanaging peoples’ personal lives. Any of those things should be our last priority. There are people starving and on the streets, there are children being caught in gunfire on city streets, there are women being beaten and abused, the environment is being destroyed, and warmongering threatens to tear the world apart. So why is anyone concerned about what two consenting adults are doing? It’s shameful.

We need voices to stand up and boldly challenge the religious establishment’s thought process, because it’s seriously flawed. Won’t you be a voice? It won’t be easy, but we have to take back the Church. 

GCIS INTELLIGENCE BRIEFING: Some Afghans say insecurity persists despite surge

ISSUED BY: GCIS Communications Command Center

SOURCE: The Washington Times

16February2011 1:53pmEST

GCIS INTELLIGENCE UPDATE: KANDAHAR, Afghanistan — Schoolteacher Abdul Rahman drops his voice to a whisper as he watches U.S. troops guard a street where insurgents attacked the police

headquarters a day earlier in this capital of the province that was the birthplace of the Taliban.

“The foreign forces are everywhere, but they are not helping us,” Mr. Rahman said as he sat in a cracked plastic lawn chair with his friends outside a photo shop.

Residents of the impoverished city of 800,000 people live in fear, even as they see heavily armed NATO troops patrolling the streets in armored vehicles every day and snarling traffic. There are 1,600 Afghan policemen in Kandahar, 800 more than last year. The Afghan police are partnered with 850 U.S. military police, up from 170 last summer. Still, most Afghans are deeply suspicious of the police, whom they often see as corrupt. (read full report) "GCIS INTELLIGENCE UPDATE" is an intelligence briefing presented by Griffith Colson Intelligence Service, and provided to the public for informative purposes only. All subject matter is credited to it’s source of origin, and is not intended to represent original content authored by GCIS, it’s partners or affiliates. All opinions presented are those of the author, and not necessarily those of GCIS or it’s partners.

Inkers & Painters at Disney prefer to work on cellulosic supports, as they accept ink and paint more smoothly than polyester cells. Michael Schilling (GCI) points to a long history of a ‘vast army of production workers’ involved in Disney animations who possess irreplaceable knowledge about the materials and techniques of manual animation.

- Ainslee Meredith
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