September 19, 2013 |
EVERY commercial fisherman has good days and bad days, stretches when the sea seems as barren as the moon and others when the nets are fat with fins, claws and shells. Matthew Camp, of Lower Township, Cape May County, had a recent run of good days aboard a scallop boat, the F.V. Nancy Elizabeth, and things were set to get even better Sept. 9 when he planned to buy an engagement ring and propose to his longtime girlfriend, Tabitha Bohn. Camp, 32, cashed a check for $12,000 at a bank that morning, stuffed the bills into his backpack and headed south on the Garden State Parkway on his motorcycle about 8 a.m. Then fate or a faulty zipper deep-sixed the day: All those bills fluttered out of his backpack, all those hours on the ocean tossed away like a shucked scallop shell.
September 5, 2013 |
Gov. Corbett 's poll ratings may be down around knee level among voters, but in the municipal-bond business, he's a hero. The insistence by Corbett and his backers among the state's law and finance establishment that cash-strapped Harrisburg not seek federal bankruptcy reorganization, and the slow, steady drafting of a restructuring plan that the city's creditors say they can live with, has made him the bond guys' favorite alternative to...
August 19, 2013 |
The day after schools Superintendent William R. Hite Jr. said he had enough assurances of city funding to start classes on time this fall, Mayor Nutter said he and City Council now have "more than a few months" to work out their differences on how to supply the necessary money. Nutter wants to borrow the money, while Council President Darrell L. Clarke said he and his colleagues favor a plan to give the district cash in exchange for a portfolio of closed schools that can be sold.
August 15, 2013 |
Philadelphia Police Officer Gerold Gibson's assignment on Jan. 31 was routine: Pick up a suspected drug car and drive it back to the narcotics unit for processing. Gibson did not know that the 1998 Lexus was part of a police-FBI sting and equipped with hidden cameras. Seven minutes of video - allegedly showing Gibson search for and pocket $140 in cash - was key evidence Tuesday at a preliminary hearing where Gibson was held for trial. Gibson, 43, an officer for 17 years and son-in-law of Gov. Corbett, was ordered to stand trial on six theft-related charges by Municipal Court Judge Felice R. Stack.
August 12, 2013 |
Aramark Corp., the Philadelphia food-service and uniform company, confirmed last week that it is contemplating another run at the stock market. It would be the third initial public offering in the history of Aramark, which is headquartered at 11th and Market Streets and employs more than 6,500 people in the city. A third IPO - that could value Aramark at $12 billion, one analyst estimated - would put Aramark in rare company. "There have only been a handful of companies that have gone public three times and have gone private twice," said Jay R. Ritter, a finance professor at the University of Florida in Gainesville.
August 8, 2013 |
A Whitpain Township man was arrested in connection with a bank robbery after a large amount of money was found in a coffee can in his kitchen, police said Tuesday. Charles Decembrino, 43, was charged with robbery and related offenses after being identified from video surveillance as the suspect who went into the TD Bank on Swede Road Friday, demanded money from a teller, and implied he had a gun, said the Montgomery County District Attorney's Office and township police. He fled toward East Norriton Township with about $6,500 from the bank.
August 1, 2013 |
IT APPEARS that Patricia Chandler hit the lottery and hightailed it out of Upper Darby. No one answered the door at Chandler's home on Wingate Road near Shirley last night - or a few weeks ago - when a Daily News reporter came knocking in search of the new millionaire. Lottery officials said yesterday that Chandler finally came forward to claim the June 22 $131.5 million annuity Powerball jackpot. Chandler opted for the $77.4 million cash lump sum. "She's probably already out of the neighborhood.
July 27, 2013 |
Until he was gunned down by two assailants on a frigid January night in 2012 outside his Delaware County residence, Gbolahan Olabode seemed to epitomize the American dream. The assailants still have not been caught, but a recent court filing has cast a different light on the life of the Nigerian immigrant, whose body was found next to his silver Mercedes-Benz with $6,851 in his pockets and a bag of groceries at his side. Olabode, known as "Bo," also had more than $1 million in available cash in his Lansdowne home, bank accounts, and safe-deposit boxes.
July 25, 2013
DEAR HARRY : I'm 93 and in excellent health. I live in a retirement community in the suburbs. My pension (fully funded) and Social Security cover all my expenses and then some. Including my recent inheritance from my deceased wife, my estate is about $11 million. I have been making gifts to my children and grandchildren of $14,000 a year each. You may be wondering why I need free advice. You are objective and fair-minded, and I knew your brother many years ago. My money was made by "aggressive" investing.