Corzine's fortune could invite more lawsuits

WASHINGTON (AP) — The millions that Jon Corzine amassed as head of Goldman Sachs have become an alluring target for investors who were crushed by the collapse of MF Global, the brokerage firm he led until earlier this month.

And Corzine isn't the only one who may be financially vulnerable after the eighth-largest bankruptcy in U.S. history. Others include MF Global's other top executives; its auditor, PricewaterhouseCoopers; and some big Wall Street banks.

Even MF Global itself, which can't be sued while in bankruptcy protection, could sue its former executives.

Corzine and other senior executives likely share a liability insurance policy to cover potential lawsuits …

Panetta visiting Egypt amid spy suspense

CAIRO (AP) — Defense Secretary Leon Panetta said he urged Egyptian leaders to release a U.S.-born man being held for allegedly being an Israeli spy, but the former U.S. spymaster did not win the man's release during a two-day stay in Egypt.

Egypt has accused Ilan Grapel, 27, of being a Mossad agent — a claim Israel denies. And his detention since June has escalated criticism of Egypt's military, which took over rule of the country after the ouster of Hosni Mubarak in February.

Panetta said the U.S. has expressed concern about his treatment, and continued detention. Panetta said he is confident that the interim military leadership in Egypt will "deal with that fairly," but he …

Vermicomposting fits needs of a developing country

BIOCYCLE INTERNATIONAL

CONTENTS

Vermicomposting Fits Needs Of A Developing Country ............... 64

New Earth For Ancient Places ............ 66

Sustainable Example For Waste Management ................. 67

Mexico

The authors review operational worm farms in Mexico as well as their impact on crops and soils.

IMPOVERISHED agriculture and increasing population in Mexico have caused intense land conflicts and mass migration to cities. While the problem can be traced back for decades, more and more people - in and out of government - understand how critical the situation has become.

As far back as the early 1970s, the Mexican …

After FA Cup exit, Chelsea turns focus back to Premier League

Chelsea is turning its focus back to the Premier League after another cup disappointment.

Chelsea manager Avram Grant is under pressure after the Blues were beaten by lower-league Barnsley 1-0 in the quarterfinals of the FA Cup on Saturday _ two weeks after a 2-1 loss to Tottenham in the League Cup final.

Now the Blues have two competitions left to aim for _ the Premier League, where they are in third place, eight points behind leader Arsenal, and the Champions League, where they will find out their quarterfinal opponent on Friday.

"I want to win a trophy this season," Grant said. "I wanted it before. The pressure to win trophies …

North Korea watched intently for rocket launch

Spy satellites trained high-resolution cameras on a coastal North Korean launch pad. U.S., Japan and South Korea deployed warships with radar and other surveillance equipment in the waters near the communist nation _ all for one of the most closely watched rocket launches ever.

North Korea plans to launch what it says is an experimental communications satellite _ perhaps as early as Saturday _ from its Musudan-ri facility in the northeastern part of the country.

Washington, Seoul and Tokyo suspect North Korea's real motive is to test its long-range missile technology. The planned launch has sparked alarm because North Korea has acknowledged it has nuclear …

State needs budget leadership

Gov. Edgar's warning of a potential $520 million revenueshortfall is a pre-Christmas shocker of ominous dimension.

It means that come January he and legislative leaders are goingto have to swing heavy axes at state spending for the last half offiscal 1992. It's not going to be pretty.

The need for drastic cuts in spending is constitutionallyimperative, while the likelihood of the cuts hurting needy segmentsof society is virtually inevitable.

That's because 92 percent of all general fund revenue is dividedamong education, public aid and health-human services, and only inthose areas is there enough money to make significant cuts.

The amount of the …

Dollar rises against euro, slumps against yen

NEW YORK (AP) — The dollar bounced back Thursday from a five-month low against the euro but continued to drop against the yen and Swiss franc.

Weak European economic news hurt the euro while worries about U.S. growth weighed on the dollar.

In late afternoon trading in New York, the 16-nation euro fell to $1.3335 from $1.3390 late Wednesday. It peaked at a five-month high of $1.3440 Wednesday after the Federal Reserve hinted that it was ready to provide more aid to the U.S. economy. If the Fed acts, U.S. interest rates will likely drop further, hurting the dollar's appeal for investors.

A monthly measure of business activity in Europe fell more than expected in September, …