Federal Bureau of Prisons spokeswoman Linda Thomasconfirmed that the prison 45 miles northwest of Raleigh NorthCarolina was Madoff's final
Federal Bureau of Prisons spokeswoman Linda Thomasconfirmed that the prison, 45 miles northwest of Raleigh, NorthCarolina, was Madoff's final destination to serve the effectivelife sentence he received on June 29 for bilking thousands ofinvestors from all walks of life. A judge sentenced him to a total of 150 years on severalcriminal charges, including securities fraud, money launderingand perjury for a Ponzi scheme amounting to as much as $65billion worldwide over about 20 years. The disgraced New York financier arrived on Tuesday morningin a prison van after being moved from a jail cell in his homecity and then temporarily to a federal prison in Atlanta, aprisons spokeswoman said. Peterson, VP Finance-CFO, bothof Mesa Laboratories, Inc., +1-303-987-8000. * Madoff checks into North Carolina prison * Not the facility requested closer to New York home (Adds details of prison and other inmates) By Grant McCool NEW YORK, July 14 (Reuters) - Bernard Madoff's prison lifebegan on Tuesday, a long way from the luxury homes, sleekyachts and precious designer watches and clothes heaccumulated in the years he ran Wall Street's biggestinvestment fraud. Prison officials said the 71-year-old swindler checked intothe Butner Federal Correctional Complex in North Carolina,where two other well-known white collar criminals, a convictedspy and a convicted bomb plotter are incarcerated.
Sullivan, President and CEO."We all know that theeconomy is especially challenging today and the fact that we were able toreport growth of both revenue and net income for our recently completed fiscalyear is a reflection of the extra effort that everyone at Mesa hascontributed.As we navigate through these tough economic times, we continueour focus on strategic growth initiatives revolving around improving ourchannels of distribution, accelerating our new product introductions andseeking out the acquisition of synergistic product lines and companies.Welook forward to continuing our growth strategy and staying on the FSB 100 listin the years ahead."Mesa Laboratories, Inc. Kosmos's partners in the field include London-based TullowOil (TLW.L) and U.S oil producer Anadarko Petroleum (APC.N). (Additional reporting by Quentin Webb; Editing by David Cowelland Rupert Winchester) Stocks Mergers & Acquisitions Bonds. Fortune Names Mesa Laboratories as one of America's Fastest Growing SmallPublic CompaniesMesa Laboratories, Inc. Ghana's deputy energy minister Kwabena Donkor said last weekthat Ghana's state oil company GNPC was interested in buyingKosmos's stake in the offshore field. The debt facilities, which follow an easing in creditmarkets, may mean Kosmos will press ahead rather than sell theasset.
"It suggests they don't have to sell," said Tim Hurst-Brown,oil analyst at Mirabaud.However, the facility could also be a tactic to improveKosmos's bargaining power with potential buyers, Hurst-Brownsaid Kosmos is part-owned by private-equity giant Blackstone. InMay, Blackstone's Chief Operating Officer Tony James said thefund may be looking to exit an energy company it was investedin. James did not identify the company but he said the business,like Kosmos, had made major hydrocarbon discoveries, suggestinghe could be referring to the explorer. Chinese state oil company CNOOC (0883.HK), India's ONGC(ONGC.BO) and Western oil majors were seen as potential buyersof the Ghanaian interests, which analysts said could be worthmore than $3 billion. Kosmos said in a statement on Tuesday that the World Bank,Chartered Bank, BNP Paribas, Societe Generale and others hadagreed to provide the cash "It provides Kosmos with the financial resources necessaryto fully develop the first phase of the Jubilee oil field," saidW. Greg Dunlevy, Kosmos Executive Vice President and ChiefFinancial Officer.
* Secures funding for new field in Ghana Stocks | Mergers & Acquisitions | Bonds * Field sale could be cancelled (Adds background) By Tom Bergin LONDON, July 14 (Reuters) - Private equity-backed KosmosEnergy said it had secured a $750 million loan facility to fundthe development of its large oil discoveries in Ghana, raisingdoubts about a planned $3 billion sale of the fields. Both the Brussels-based finance investor and Magna aim tohave a contract, in which all major details are clarified, readybefore the beginning of next week, according to several sources. A person familiar with Magna's plans said that the membersof its supervisory board were "on standby" and could quicklyconvene in order to approve the Canadian auto parts supplier'sbusiness plan for a takeover of Opel.(Reporting by Angelika Gruber, Christiaan Hetzner and PhilippHalstrick; Editing by David Cowell) Stocks Mergers & Acquisitions Bonds Private Capital Russia. "It is just a diversion," Rhineland-Palatinate premier KurtBeck said on Tuesday, adding that RHJ did not have a coherentconcept for Opel.
The third phase of the Orion project is an outage management system, which willwork with ENMAC to help automatically re-route power when an outage occurs,dispatch crews and help operators make better decisions for faster powerrestoration. ENMAC`s mobile functionality will add further flexibility to Orion`s system.Instructions to field crews will be automated from the ENMAC platform viawireless mobile networks, for more timely and efficient responses to customers Orion New Zealand Ltd. owns and operates the electricity network in centralCanterbury between the Waimakariri and Rakaia rivers and from the Canterburycoast to Arthur`s Pass. The network covers 8,000 square kilometers of diversegeography, including Christchurch City, Banks Peninsula, farming communities andhigh country.