Tag Archives: OldFashioned

‘The Boys in the Boat’ Review: Joel Edgerton in George Clooney’s Tribute to Old-Fashioned Can-Do Spirit – Hollywood Reporter

  1. ‘The Boys in the Boat’ Review: Joel Edgerton in George Clooney’s Tribute to Old-Fashioned Can-Do Spirit Hollywood Reporter
  2. ‘The Boys in the Boat’ review: George Clooney delivers a sweet adaptation The Seattle Times
  3. ‘The Boys In The Boat’ Review: George Clooney Directs Winning Story Of 1936 U Of Washington Rowing Team That Shocked The World And Hitler At 1936 Olympics Deadline
  4. The Boys in the Boat review – George Clooney sports drama goes for patriotic boosterism The Guardian
  5. ‘Boys in the Boat’ Review: George Clooney Directs Cheesy Sports Flick The Daily Beast

Read original article here

‘The Boys in the Boat’ Review: George Clooney Directs His Best Film in a While, a ’30s Rowing Saga That’s an Old-Fashioned Movie Daydream – Variety

  1. ‘The Boys in the Boat’ Review: George Clooney Directs His Best Film in a While, a ’30s Rowing Saga That’s an Old-Fashioned Movie Daydream Variety
  2. ‘The Boys in the Boat’ review: George Clooney delivers a sweet adaptation The Seattle Times
  3. ‘The Boys In The Boat’ Review: George Clooney Directs Winning Story Of 1936 U Of Washington Rowing Team That Shocked The World And Hitler At 1936 Olympics Deadline
  4. The Boys in the Boat review – George Clooney sports drama goes for patriotic boosterism The Guardian
  5. ‘Boys in the Boat’ Review: George Clooney Directs Cheesy Sports Flick The Daily Beast

Read original article here

Martha Stewart on Why She Doesn’t Want to Be ‘an Old-Fashioned Old Lady’ (Exclusive) – Yahoo Entertainment

  1. Martha Stewart on Why She Doesn’t Want to Be ‘an Old-Fashioned Old Lady’ (Exclusive) Yahoo Entertainment
  2. Martha Stewart teaches invaluable lessons on leadership, business and reinvention in first MasterClass ABC News
  3. Martha Stewart Just Launched a MasterClass—Exclusive Clip Martha Stewart
  4. Martha Stewart Teaches Business in New MasterClass Course: ‘Don’t Be Afraid of Hard Work, Filling Your Day and Experimenting’ Variety
  5. Martha Stewart Is Sharing the Secrets to Her Lifestyle Empire in a New MasterClass & Classes Start at Just $10 Yahoo Life

Read original article here

FTX CEO says company engaged in ‘old-fashioned embezzlement’ under SBF

FTX’s bankruptcy-era CEO, John J. Ray III, appointed to shepherd the collapsed crypto exchange through Chapter 11 reorganization, testified on Tuesday that the company’s founder and former CEO, Sam Bankman-Fried, made multiple misstatements about his companies’ financials.

Ray, who oversaw Enron’s infamous corporate fraud, characterized FTX’s actions as “old fashioned embezzlement.”

“This is just taking money from customers and using it for your own purpose,” Ray said. “Not sophisticated at all,” he said, explaining that what might have been sophisticated about the scheme was hiding it in plain sight.

Ray’s testimony may also have shed light on the theories that underlie the Justice Department’s accusations against Bankman-Fried, who was charged with eight counts of wire fraud, securities fraud, and conspiracy in an indictment unsealed on Tuesday.

The agency’s criminal charges, which allege that Bankman-Fried misappropriated customer funds by allowing the funds to be used by his crypto hedge fund Alameda Research, require it to prove beyond a reasonable doubt that Bankman-Fried knew and intended to lie about the arrangement to customers or lenders.

FTX Group CEO John J. Ray III listens to a question, at a U.S. House Financial Services Committee hearing investigating the collapse of the now-bankrupt crypto exchange FTX after the arrest of FTX founder Sam Bankman-Fried, on Capitol Hill in Washington, U.S. December 13, 2022. REUTERS/Elizabeth Frantz

The FTX chief’s testimony came before the U.S. House of Representatives’ Financial Services Committee, where Bankman-Fried was also scheduled to testify via video conference. However, the public’s opportunity to hear testimony from the embattled founder foreclosed after he was arrested Monday evening by Bahamian authorities.

Bahamian authorities took Bankman-Fried into custody at the request of the U.S. Justice Department on Monday night, based on its indictment originally filed under seal.

In the indictment, the DOJ charged Bankman-Fried with wire fraud and conspiracy to commit wire fraud against FTX customers and lenders, conspiracy to commit commodities fraud and securities fraud, conspiracy to violate money laundering laws, and conspiracy to defraud the U.S. government through violations of campaign finance laws.

In separate civil actions filed Tuesday, the U.S. Securities and Exchange Commission, and the U.S. Commodity and Futures Trading Commission, respectively, alleged Bankman-Fried violated securities laws and the Commodity Exchange Act and the agency’s regulations.

Asked if there’s any way that Bankman-Fried and FTX’s senior managers wouldn’t have known that its entities had commingled customer funds, allowing Alameda unlimited access to FTX customer accounts, Ray III said, “No.”

In an interview at the New York Times’ Dealbook Summit, Bankman-Fried said he didn’t “knowingly commingle [customer] funds.” He added that he “didn’t ever try to commit fraud on anyone,” that he “wasn’t “running Alameda,” and “didn’t know what was going on.”

Ray was also asked about contentions in Bankman-Fried’s leaked prepared hearing remarks which suggested FTX was solvent but for a run on the bank caused when Binance walked away from a planned investment in FTX, and that FTX US remains solvent and capable of paying off all of its customers. Bankman-Fried also tweeted the claim on November 10, the day before the exchange’s bankruptcy filing.

“Given the evidence you’ve gathered, is there any degree of truth to this claim,” Georgia Rep. Barry Loudermilk asked Ray.

“We still have a hole in the U.S., so as we sit here today it is not solvent. That’s just inaccurate. And I’m not sure how he would even know that, quite honestly. We’re hopeful,” Ray said.

“Prior to that episode, is your belief that FTX was solvent?” Ohio Rep. Anthony Gonzalez asked about Binance’s about-face. “No,” Ray replied.

Missouri Rep. Ann Wagner asked Ray if the transfer of FTX funds to Alameda could have been done by mistake, given that Bankman-Fried has publicly apologized for making mistakes in leading his companies.

“I don’t find any such statements to be credible,” Ray III said.

Rep. Wagner went on to say that FTX’s international trading platform, FTX.com, held itself out as having a sophisticated risk management system commensurate with the size of his operations.

“I can say that it’s absolutely false. There was no sophistication whatsoever,” Ray III said. “There was an absence of any management.”

Alexis Keenan is a legal reporter for Yahoo Finance. Follow Alexis on Twitter @alexiskweed.

Click here for the latest crypto news, updates, values, prices, and more related to Bitcoin, Ethereum, Dogecoin, DeFi and NFTs

Read the latest financial and business news from Yahoo Finance

Download the Yahoo Finance app for Apple or Android

Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, and YouTube



Read original article here

Old-Fashioned, Inefficient Light Bulbs Live On at the Nation’s Dollar Stores

A second phase of the lighting efficiency rules was scheduled to go into effect in 2020, which would have eliminated virtually all incandescent bulbs, including the recent generation of halogens, from store shelves. But in 2017, the industry sued, setting up a settlement with the Trump administration that set the path for a rollback of standards. In 2019, the Trump administration blocked a rule designed to phase out older incandescent bulbs, calling it unnecessary and an impediment to consumer choice.

With the move, the administration heeded to both industry demands as well as free market proponents who have long railed against tougher efficiency regulations for consumer appliances and goods, like energy-saving bulbs or water-saving dishwashers, as governmental overreach.

“The new bulb is many times more expensive, and I hate to say it, it doesn’t make you look as good,” Donald J. Trump, the former president, quipped at a White House meeting in 2019, referring to an early common complaint that LEDs emit a harsher light, though recent LED lights come in warmer hues. “We’re bringing back the old light bulb,” he later told a rally in Michigan.

The Biden administration has moved to reinstate the standards. But in a letter to the Department of Energy last year, NEMA, the industry group, urged federal rules to allow companies to manufacture and import inefficient bulbs for at least another year, followed by another year or more to sell out stockpiled inventory. Signify went further, asking for more time to manufacture or import wasteful bulbs, followed by the ability to sell the bulbs for a period yet to be determined.

“National laws make it very difficult to find alternative markets to sell newly restricted products,” the group wrote. “While manufacturers or retailers can attempt to find other markets for these products, it is likely that most stranded inventory will need to be disposed of in landfills.”

Of course, even if the bulbs were used they would likely end up in landfills eventually. Asked about that, NEMA, the industry group, said that any abrupt transition raised concerns of a “wasteful mass disposal” of bulbs.

Read original article here

‘The Little Things’ Review: Good Old-Fashioned Police Work

A note during the first scene in “The Little Things” — an effective cold opening, full of danger and suspense — indicates that it’s 1990. At first, I thought this meant that the action would quickly vault forward into the present day, but instead the movie, which takes place mainly in Los Angeles, settles into a fairly generic version of the semi-recent past, occasionally flashing back to a few years earlier.

There aren’t many historical details or period flourishes that would justify this choice. It seems mostly like a pretext for removing cellphones, internet searches, GPS tracking and other modern conveniences that might ruin the analog ambience needed for an old-fashioned serial-killer thriller. Which is fair enough. When it comes to spooky neo-noir resonance, it’s hard to beat a ringing pay phone on an empty nighttime street or an envelope full of Polaroids.

Written and directed by John Lee Hancock and starring Denzel Washington as a weary professional with keen instincts and a battered conscience, “The Little Things” is an unapologetic throwback. It broods over the psychologically and spiritually damaging effects of police work as its two main detectives (Rami Malek alongside Washington) pursue an elusive, malignant murderer of women. You might think of “Se7en” or “Zodiac” or a lost season of “True Detective,” though this movie is less self-consciously stylized than any of those.

And that’s partly because “The Little Things” is both a latecomer and a forerunner. (Time is a flat circle, doncha know.) Hancock wrote the screenplay almost 30 years ago, and in the ’90s possible directors included Steven Spielberg and Clint Eastwood. Hancock wrote the scripts for two Eastwood films in that decade, “A Perfect World” and “Midnight in the Garden of Good and Evil.” More recently, he has directed “The Blind Side,” “Saving Mr. Banks” and “The Highwaymen.”

At their best, those movies are competent rather than groundbreaking — admirable in their sturdy commitment to filmmaking craft even as their stories stubbornly cling to convention. This one rises to a slightly higher level, though it doesn’t entirely avoid the clichés of its genre: “You know, you and I have a lot in common,” a suspect says to one of the detectives. That the apparent bad guy is played by Jared Leto doesn’t necessarily help matters.

But Leto, as a self-confessed “crime buff” with a creepily calm demeanor, isn’t bad. Malek as Jim Baxter, a zealous and ambitious Los Angeles detective flirting with career and personal catastrophe, is pretty good too. Who are we kidding, though? This movie is a coat that has been hanging in the closet for decades waiting for Washington to slip it on.

Not that the man’s actual clothes fit. That’s part of the texture of the performance. Joe Deacon, usually addressed as Deke, starts the movie as a sheriff’s deputy in a dusty stretch of California’s Central Valley. The khaki uniform does him no favors, and Deke carries himself like a man buckling under a long-carried burden — round in the shoulders, thick in the middle, slow and heavy in his stride.

You get the sense that it wasn’t always that way. You get that sense partly because you have seen Denzel Washington in this kind of role before, but the great ones can play endless variations on the same theme. When Deke drives down to Los Angeles on some irrelevant police business, we learn that he was once an L.A.P.D. homicide hotshot. He receives a mixed welcome. The captain (Terry Kinney) can barely stand to look at him. Deke’s former partner (Chris Bauer) and the medical examiner (Michael Hyatt) greet him warmly, but their kindness is edged with pity and disappointment.

Deke partners up with Baxter to hunt down a killer preying on young women, who may have been active back when Deke was on the force. (The cop who seems to be Jim’s actual partner, played by Natalie Morales, doesn’t have much to do.) The case takes some expected turns, and some that are less so, but as the clues and leads accumulate the film’s interest is less in who done it than in what it does to the detectives. There is something Eastwoodian not only in Hancock’s clean, unpretentious directing, but also in the ethical universe he sketches. The line between good and evil is clear, but that doesn’t banish moral ambiguity or save the righteous from guilt. Nor does it guarantee justice.

That’s a heavy idea, and “The Little Things” doesn’t quite earn its weight. Thanks to Hancock’s craft and the discipline of the actors, it’s more than watchable, but you are unlikely to be haunted, disturbed or even surprised. You haven’t exactly seen this before. It just feels that way.

The Little Things
Rated R. Tortured souls and tortured bodies. Running time: 2 hours 7 minutes. In theaters and on HBO Max. Please consult the guidelines outlined by the Centers for Disease Control and Prevention before watching movies inside theaters.

Read original article here