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Trade

SPORTS
June 9, 2014 | BY RYAN LAWRENCE, Daily News Staff Writer rlawrence@phillynews.com
CINCINNATI - With the team in free-fall mode and the trade deadline in the not-so-distant future, several veteran Phillies players will almost certainly be the subjects of a flurry of rumors over the next 8 weeks. A fan base eager for change will probably welcome those rumors, hoping they'll advance beyond the rumor stage. But a lesson in trading established, proven veteran talent for prospects presented itself on the daily baseball transactions report yesterday afternoon. Tyson Gillies cleared waivers and was outrighted off the Phillies' 40-man roster.
SPORTS
June 6, 2014 | By Sam Donnellon, Daily News Columnist
AFTER SUFFERING their seventh shutout in their previous 27 games and with everyone from your barber to a current coach questioning whether the Phillies are even a major league product, the drumbeat to replace Ruben Amaro Jr. as general manager is louder now than any sound emanating from the ballpark these days. Gone are the ebbs and flows of his six-season tenure as the GM, a tenure marked by league-shattering blockbuster trades in both directions, a tenure marked by dozens of minor leaguers being pushed from team to team like poker chips, most becoming little more than tips to a cocktail waitress.
NEWS
June 5, 2014
THE RELEASE of Sgt. Bowe Bergdahl, a captive of Islamist extremists for almost five years, is good news not only for his family but for all Americans. But the price the Obama administration paid for the 28-year-old soldier's repatriation was freedom for five detainees at Guantanamo Bay who are hardened Taliban commanders. Critics of the administration say that that price was too high, and they make three other arguments: that the exchange violated a long-standing U.S. policy of refusing to negotiate with terrorists; that this country shouldn't negotiate with the Taliban because it might legitimize the group in Afghanistan; and that the swift release of the detainees violated U.S. law. Most of these arguments are invalid or overstated.
NEWS
May 24, 2014 | By Jeremy Roebuck, Inquirer Staff Writer
Well-timed gifts of seafood and porn had swayed court decisions Henry Alfano's way before. But this time, facing potential conviction in a wide-ranging judicial corruption case, the Southwest Philadelphia businessman opted not to take his chances. In a last-minute decision, Alfano, 68, pleaded guilty Thursday to 13 federal counts of conspiracy and mail and wire fraud tied to a long-standing arrangement with then-Traffic Court Judge Fortunato Perri Sr. As Alfano told the court during a 45-minute hearing, from 2008 to 2011 he kept Perri well-fed and helped fulfill his vices.
BUSINESS
May 23, 2014 | By Jane M. Von Bergen, Inquirer Staff Writer
Maybe it was because painting apprentice Natalie Holzer told U.S. Labor Secretary Thomas E. Perez that Perez was a natural on the spray-painting training simulator (even though he really wasn't that good), that Holzer was singled out as an example of the message the secretary was trying to send to America. But probably not. "We need to do a better job of marketing," Perez told a group of 200 building trades apprentices, contractors, and union officials gathered Wednesday at the Finishing Trades Institute in Northeast Philadelphia - a school run by the International Union of Painters and Allied Trades and the contractors that hire union painters, glaziers, and wall-finishers.
SPORTS
May 22, 2014 | By Bob Ford, Inquirer Columnist
NEW YORK - With the notable exception of the Cleveland Cavaliers, who jumped eight places in the NBA draft lottery on Tuesday night, all the good luck charms and incantations weren't nearly as powerful as the simple calculator. The math mostly held up for the other teams involved, all of whom had representatives bringing pockets full of clovers and horseshoes to the Times Square Studios when the league held its annual celebration of mediocrity. Aside from the first-round pick of the Cavs, which became No. 1 overall despite a 33-49 record for the team, there were five of the first-round lottery selections that stayed in their proper slots and eight more that dropped just one place on the board.
SPORTS
May 12, 2014 | By Bob Ford, Inquirer Columnist
There weren't many highlights to savor from the season just past for the 76ers, so last week afforded a rare chance to look back fondly on 2013-14 as point guard Michael Carter-Williams was selected the NBA's rookie of the year. Amid all the losing, all the steps backward in order to go forward eventually, there was at least Carter-Williams to enjoy, one lonely piece of the framework around which the building would take place. In a way, it was similar to the year before, when the Andrew Bynum trade blew up and everything came apart for coach Doug Collins and the last holdovers in the front office.
SPORTS
May 12, 2014 | By Jeff McLane, Inquirer Staff Writer
The Eagles traded Bryce Brown to the Bills for a 2015 conditional fourth-round draft pick, parting with the young and promising running back who had ultimately become expendable. "They had been on him for a while," Eagles coach Chip Kelly said of the Bills. "We probably fielded a lot of offers from them in terms of what they wanted, because we knew what they wanted and how much they wanted Bryce. It's just, we kind of had a logjam, so to speak, at running back. " The 2015 fourth-round pick the Bills dealt to the Eagles, which Buffalo received from the 49ers on Friday in exchange for wide receiver Stevie Johnson, could become a 2016 third-rounder or a 2016 fourth-rounder.
NEWS
May 11, 2014 | By Jeremy Roebuck, Inquirer Staff Writer
A former eBay executive faces up to 20 years in prison and $5 million in fines after pleading guilty Friday to insider-trading violations tied to the auction website's 2011 acquisition of a King of Prussia-based e-commerce firm. Christopher Saridakis, 45, of Greenville, Del., then head of marketing solutions at GSI Commerce, tipped off two friends and two relatives to the pending $2.4 billion deal and urged them to buy stock in advance of the sale. When the acquisition was announced in June 2011, GSI's stock price jumped more than 50 percent, leading to more than $300,000 in illegal profits for the traders.
NEWS
May 11, 2014 | BY JULIE SHAW, Daily News Staff Writer shawj@phillynews.com, 215-854-2592
A FORMER eBay and Gannett executive pleaded guilty yesterday in federal court to insider trading. Christopher Saridakis, 45, of Greenville, Del., was a senior executive at GSI Commerce, a King of Prussia-based e-commerce company when he provided confidential information about eBay's pending acquisition of GSI to others. He faces a maximum possible sentence of 20 years in prison and a $5 million fine when he is sentenced on Sept. 19 by U.S. District Judge Stewart Dalzell, the U.S. Attorney's Office said.
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