Turkish Military Chiefs Quizzed over Alleged Plot

December 5, 2009 by  
Filed under World News

26bf32d579d plot Turkish Military Chiefs Quizzed over Alleged PlotISTANBUL: Turkish prosecutors are questioning former chiefs of the army and air and naval forces over an alleged secularist plot to topple Prime Minister Recep Tayyip Erdogan’s Islamic-oriented government.

The questioning of the retired commanders, including Army Chief Gen. Aytac Yalman, Air Force Chief Gen. Ibrahim Firtina and Navy Chief Adm. Ozden Ornek, on Saturday is expected to shed light on allegations of abandoned coup plots.

Several other military officers are already on trial for their alleged role. Some charges are based on excerpts from a diary in 2007 that is said to belong Ornek. The diary talks about coup plans that were abandoned, partly because of a lack of support from other commanders. Ornek denied he wrote the diary.


Turkish Military Chiefs Quizzed over Alleged Plot was first posted on December 5, 2009 at 5:26 pm.
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US Bank Failures Hit 106 for Year

October 24, 2009 by  
Filed under Business

WASHINGTON: US Bank Failures Hit 106 for Year, The number of U.S. banks have failed so far this year exceeded 100 to 106 strokes at the end of the day – most in almost two decades. But the problem in the banking system of bad loans and the recession is deeper.
8a4c16a5a1r year US Bank Failures Hit 106 for Year
Dozens, perhaps hundreds, of other banks remain open even though they are as weak as many that have been closed. Regulators are taking advantage of the banks gradually and selectively – in part to avoid inciting panic and partly because buyers of the bad banks are difficult to find.

Go slowly to gain time. The economic recovery could save some banks that otherwise would sink. But if the recovery is slow and the finances of smaller banks “even worse, it could end up costing more.

106 This year, bank failures are the most in any year from 181 collapsed in 1992 at the end of the savings and loan crisis.


US Bank Failures Hit 106 for Year was first posted on October 24, 2009 at 5:30 pm.
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