British PM attacks ‘indefensible’ banking practices

Britain’s prime minister Gordon Brown repeated his call Saturday for former bank chiefs to give up massive pension packages and demanded a clean-up of the banking system to eradicate "Indefensible" practices. In a speech to the ruling Labour Party’s National Policy Forum in Bristol, south-west England, Britain’s Press Association quoted him as saying: “Some of the practices now being discovered in our banks are not only unacceptable, they are indefensible and they have got to be cleaned up now.

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Denver paper latest victim of declining readership, ad revenue

After nearly 150 years in business, the Rocky Mountain News published its final edition Friday, the victim of a bad economy and the Internet generation. The final front-page headline simply says: “Goodbye, Colorado.” “It is with great sadness that we say goodbye to you today. Our time chronicling the life of Denver and Colorado, the nation and the world, is over.” The Rocky Mountain News’ owner, E.W

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Chinese furious over Laurent sale of ‘treasures’

When Christie’s announced its plans to auction off two 18th-century bronze sculptures, the Chinese flatly said "no." At the center of the dispute are two bronze sculptures, part of the late Yves Saint Laurent’s private collection of arts and antiquities. The two 18th-century pieces — fountainheads of a rabbit and a rat — disappeared when French and British Allied forces pillaged Beijing’s Old Summer Palace during the second Opium War in 1860. China says the relics are part of its cultural heritage and should be returned.

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Black actors still face Oscar challenges

On a winter evening in early 1940, Hattie McDaniel became the first black performer to win an Oscar, a best supporting actress honor for her performance as Mammy, the servant in "Gone With the Wind." She accepted her award at the Academy Awards ceremony at the Coconut Grove, a nightclub in Los Angeles’ Ambassador Hotel, where she was seated in the segregated section at the rear of the room. Though her win was played as a sign of progress for black actors in America — “Not only was she the first of her race to receive an Award, but she was also the first Negro ever to sit at an Academy banquet,” said Daily Variety, according to Mason Wiley and Damien Bona’s indispensable “Inside Oscar” — her role was poorly received by much of the black community.

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Chinese mistress contest takes tragic turn

A married Chinese businessman who could no longer afford five mistresses held a competition to decide which one to keep. But the contest took a fatal turn when one of the women, eliminated for her looks, drove the man and the four other competitors off a cliff, Chinese media reported. The spurned mistress died and the other passengers were injured, the reports said

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