Showing posts with label Beating. Show all posts
Showing posts with label Beating. Show all posts

Thursday, November 25, 2010

Brooklyn Cop Suspended and Fined for 2009 Beating

By Camilo Smith

Two NYPD officers were arrested yesterday and pleaded guilty to second-degree harassment in connection with the beating more than a year ago that left a man with a broken ankle.

The officers are Sean Hurley, 40, a housing officer with Police Service Area 9, and Brian Murphy, 37, who works in the Brooklyn Courts Section. According to court documents, they attacked a man identified as John Kenny, in the early morning hours of June 12, 2009. The assault occurred near 1696 Second Avenue, which is the address for a popular Irish pub named Marty O’Brien’s, according to police.

Two NYPD Officers were suspended for 30 days and fined $120 each for an assault that occurred over a year ago. They attacked a man near an Irish pub. (Photo courtesy of NightLifeRatings.com)

Two NYPD Officers were suspended for 30 days and fined $120 each for an assault that occurred over a year ago. They attacked a man near an Irish pub. (Photo courtesy of Marty O'Brien's)


Jennifer Kushner, spokesperson for the Manhattan District Attorney, said the officers were arrested yesterday, pleaded guilty and were released with time served. She said she could not provide further details about the victim and did not explain why the arrests took place more than a year after the assault.

The court documents states that the officers “recklessly caused physical injury,” “with intent to harass, annoy and alarm.” Kenny, who could not be located, was left with “cuts and bruises to his face and body and a broken ankle.”

The New York Daily News reported that the officers were suspended without pay for 30 days and each paid a $120 fine.

Harassment in the second degree is a violation punishable by up to 15 days in jail.

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Sunday, November 14, 2010

Commodities Take a Beating

Those once white-hot commodities were dumped at a startling pace.

The selloff swept across the board, with sugar being the biggest loser. After tumbling 11.3% on Friday, sugar’s loss for the last two days was compounded to more than 20%. Elsewhere, grains – corn, wheat and soybeans – all fell more than 5%, with energy and precious metals posting relatively modest losses. Lean hogs and orange juice were the best performers: down 0.3% and 0.6%, respectively.

“There are a lot of small players in these markets,” said Kurt Kinker, chief market analyst at Mirus Futures, a commodities broker in Chicago. “It’s no longer about supply and demand. It’s more trading for trading’s sake,” he said.

Sugar, although a relatively niche market, is viewed as a “trend-leading” commodity, he said. Many traders are watching it to gauge where the commodity markets are moving.

The real test will come next week. “If these moves are carried through, there will be more downside.”
In the sugar market, there is a standoff between producers and consumers, with both sides hesitant to commit at current prices, said Marcos Nogueira, a sugar broker at FCStone Group in Brazil. Producers are still in the process of “recovering themselves,” while consumers are bidding prices lower and lower, he said. The selling force mainly came from trading houses, who were long sugar but didn’t actually want the physical sweet stuff.

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Commodities Take a Beating

Those once white-hot commodities were dumped at a startling pace.

The selloff swept across the board, with sugar being the biggest loser. After tumbling 11.3% on Friday, sugar’s loss for the last two days was compounded to more than 20%. Elsewhere, grains – corn, wheat and soybeans – all fell more than 5%, with energy and precious metals posting relatively modest losses. Lean hogs and orange juice were the best performers: down 0.3% and 0.6%, respectively.

“There are a lot of small players in these markets,” said Kurt Kinker, chief market analyst at Mirus Futures, a commodities broker in Chicago. “It’s no longer about supply and demand. It’s more trading for trading’s sake,” he said.

Sugar, although a relatively niche market, is viewed as a “trend-leading” commodity, he said. Many traders are watching it to gauge where the commodity markets are moving.

The real test will come next week. “If these moves are carried through, there will be more downside.”
In the sugar market, there is a standoff between producers and consumers, with both sides hesitant to commit at current prices, said Marcos Nogueira, a sugar broker at FCStone Group in Brazil. Producers are still in the process of “recovering themselves,” while consumers are bidding prices lower and lower, he said. The selling force mainly came from trading houses, who were long sugar but didn’t actually want the physical sweet stuff.

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