Saturday, October 19, 2013

Kilroy was here!

My dad was a WWII veteran and I remember seeing this graffitti everywhere when I was a kid and even of cartoons from that era like Bugs Bunny.  I never knew where it got started.  A friend sent this to me today in an email, I'd give it attribution but I don't know where it originated.  -Bill

He is engraved in stone in the National War Memorial in Washington, DC - back in a small alcove where very few people have seen it.  For the WWII generation, this will bring back memories.  For you younger folks, it's a bit of trivia that is a part of our American history.  Anyone born in 1913 to about 1950, is familiar with Kilroy.  No one knew why he was so well known - but everybody seemed to get into it.

So who was Kilroy?

In 1946 the American Transit Association, through its radio program, "Speak to America" sponsored a nationwide contest to find the real Kilroy, offering a prizeof a real trolley car to the person who could prove himself to be the genuine article.  Almost 40 men stepped forward to make that claim, but only James Kilroy from Halifax , Massachusetts, had evidence of his identity.

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JPM to Shutter Litigation Group for Consumer Debt Collection

JPM to Shutter Litigation Group for Consumer Debt Collection
OCT 17, 2013 8:59am ET

JPMorgan Chase (JPM) plans to disband a group tasked with suing consumers to collect delinquent debts, according to former employees and others who were told about the change. The move comes two years after the bank ceased filing collections suits amid scrutiny of the accuracy of its records and court filings.

Last week, the bank informed employees in its collection-litigation services division that it plans to shut the unit and reassign them to other parts of the company, said former employees and others told of the changes. The San Antonio-based division is responsible for coordinating litigation against delinquent borrowers, maintaining records and managing law firms hired to pursue the bank's claims, the sources say.

The group's roughly 100 employees could be reassigned or let go as a result of the shutdown, the sources say. A JPMorgan spokesman would not confirm the closing or the size of the group.

The Irish Banking Revolution

Thanks to Riana, Mac Domhnaill and G.D. for keeping
 me informed of what's going on in Ireland. -Bill

Published on Oct 16, 2013
If you are genuine and need help, its available.

Billions given unlawfully to insolvent banks, court hears
Joan Collins is challenging the Government’s promissory note payments

Promissory notes ‘unusual’ but not unlawful, court told
Senior official with Department of Finance gives evidence

A senior official with the Department of Finance has told the High Court that promissory notes issued in 2010 by the Minister for Finance to recapitalise Anglo Irish Bank and other institutions for some €31 billion were “unusual” instruments but not unlawful.

Ann Nolan, second secretary in the department, said it was the view of the department in 2010 that it was necessary to provide unconditional financial support to the relevant banks.

Ireland does not treat even gross negligence in the management of major institutions or companies as criminal activity, Mr Justice Frank Clarke of the Supreme Court has said.
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