AP IMPACT: Steroids loom in major-college football


WASHINGTON (AP) — With steroids easy to buy, testing weak and punishments inconsistent, college football players are packing on significant weight — 30 pounds or more in a single year, sometimes — without drawing much attention from their schools or the NCAA in a sport that earns tens of billions of dollars for teams.


Rules vary so widely that, on any given game day, a team with a strict no-steroid policy can face a team whose players have repeatedly tested positive.


An investigation by The Associated Press — based on dozens of interviews with players, testers, dealers and experts and an analysis of weight records for more than 61,000 players — revealed that while those running the multibillion-dollar sport believe the problem is under control, that is hardly the case.


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EDITOR'S NOTE — Whether for athletics or age, Americans from teenagers to baby boomers are trying to get an edge by illegally using anabolic steroids and human growth hormone, despite well-documented risks. This is the first of a two-part series.


___


The sport's near-zero rate of positive steroids tests isn't an accurate gauge among college athletes. Random tests provide weak deterrence and, by design, fail to catch every player using steroids. Colleges also are reluctant to spend money on expensive steroid testing when cheaper ones for drugs like marijuana allow them to say they're doing everything they can to keep drugs out of football.


"It's nothing like what's going on in reality," said Don Catlin, an anti-doping pioneer who spent years conducting the NCAA's laboratory tests at UCLA. He became so frustrated with the college system that it drove him in part to leave the testing industry to focus on anti-doping research.


Catlin said the collegiate system, in which players often are notified days before a test and many schools don't even test for steroids, is designed to not catch dopers. That artificially reduces the numbers of positive tests and keeps schools safe from embarrassing drug scandals.


While other major sports have been beset by revelations of steroid use, college football has operated with barely a whiff of scandal. Between 1996 and 2010 — the era of Barry Bonds, Mark McGwire, Marion Jones and Lance Armstrong — the failure rate for NCAA steroid tests fell even closer to zero from an already low rate of less than 1 percent.


The AP's investigation, drawing upon more than a decade of official rosters from all 120 Football Bowl Subdivision teams, found thousands of players quickly putting on significant weight, even more than their fellow players. The information compiled by the AP included players who appeared for multiple years on the same teams, making it the most comprehensive data available.


For decades, scientific studies have shown that anabolic steroid use leads to an increase in body weight. Weight gain alone doesn't prove steroid use, but very rapid weight gain is one factor that would be deemed suspicious, said Kathy Turpin, senior director of sport drug testing for the National Center for Drug Free Sport, which conducts tests for the NCAA and more than 300 schools.


Yet the NCAA has never studied weight gain or considered it in regard to its steroid testing policies, said Mary Wilfert, the NCAA's associate director of health and safety. She would not speculate on the cause of such rapid weight gain.


The NCAA attributes the decline in positive tests to its year-round drug testing program, combined with anti-drug education and testing conducted by schools.


"The effort has been increasing, and we believe it has driven down use," Wilfert said.


Big gains, data show


The AP's analysis found that, regardless of school, conference and won-loss record, many players gained weight at exceptional rates compared with their fellow athletes and while accounting for their heights. The documented weight gains could not be explained by the amount of money schools spent on weight rooms, trainers and other football expenses.


Adding more than 20 or 25 pounds of lean muscle in a year is nearly impossible through diet and exercise alone, said Dan Benardot, director of the Laboratory for Elite Athlete Performance at Georgia State University.


The AP's analysis corrected for the fact that players in different positions have different body types, so speedy wide receivers weren't compared to bulkier offensive tackles. It could not assess each player's physical makeup, such as how much weight gain was muscle versus fat, one indicator of steroid use. In the most extreme case in the AP analysis, the probability that a player put on so much weight compared with other players was so rare that the odds statistically were roughly the same as an NFL quarterback throwing 12 passing touchdowns or an NFL running back rushing for 600 yards in one game.


In nearly all the rarest cases of weight gain in the AP study, players were offensive or defensive linemen, hulking giants who tower above 6-foot-3 and weigh 300 pounds or more. Four of those players interviewed by the AP said that they never used steroids and gained weight through dramatic increases in eating, up to six meals a day. Two said they were aware of other players using steroids.


"I just ate. I ate 5-6 times a day," said Clint Oldenburg, who played for Colorado State starting in 2002 and for five years in the NFL. Oldenburg's weight increased over four years from 212 to 290, including a one-year gain of 53 pounds, which he attributed to diet and two hours of weight lifting daily. "It wasn't as difficult as you think. I just ate anything."


Oldenburg told the AP he was surprised at the scope of steroid use in college football, even in Colorado State's locker room. "College performance enhancers were more prevalent than I thought," he said. "There were a lot of guys even on my team that were using." He declined to identify any of them.


The AP found more than 4,700 players — or about 7 percent of all players — who gained more than 20 pounds overall in a single year. It was common for the athletes to gain 10, 15 and up to 20 pounds in their first year under a rigorous regimen of weightlifting and diet. Others gained 25, 35 and 40 pounds in a season. In roughly 100 cases, players packed on as much 80 pounds in a single year.


In at least 11 instances, players that AP identified as packing on significant weight in college went on to fail NFL drug tests. But pro football's confidentiality rules make it impossible to know for certain which drugs were used and how many others failed tests that never became public.


What is bubbling under the surface in college football, which helps elite athletes gain unusual amounts of weight? Without access to detailed information about each player's body composition, drug testing and workout regimen, which schools do not release, it's impossible to say with certainty what's behind the trend. But Catlin has little doubt: It is steroids.


"It's not brain surgery to figure out what's going on," he said. "To me, it's very clear."


Football's most infamous steroid user was Lyle Alzado, who became a star NFL defensive end in the 1970s and '80s before he admitted to juicing his entire career. He started in college, where the 190-pound freshman gained 40 pounds in one year. It was a 21 percent jump in body mass, a tremendous gain that far exceeded what researchers have seen in controlled, short-term studies of steroid use by athletes. Alzado died of brain cancer in 1992.


The AP found more than 130 big-time college football players who showed comparable one-year gains in the past decade. Students posted such extraordinary weight gains across the country, in every conference, in nearly every school. Many of them eclipsed Alzado and gained 25, 35, even 40 percent of their body mass.


Even though testers consider rapid weight gain suspicious, in practice it doesn't result in testing. Ben Lamaak, who arrived at Iowa State in 2006, said he weighed 225 pounds in high school and 262 pounds in the summer of his freshman year on the Cyclones football team. A year later, official rosters showed the former basketball player from Cedar Rapids weighed 306, a gain of 81 pounds since high school. He graduated as a 320-pound offensive lineman and said he did it all naturally.


"I was just a young kid at that time, and I was still growing into my body," he said. "It really wasn't that hard for me to gain the weight. I had fun doing it. I love to eat. It wasn't a problem."


In addition to random drug testing, Iowa State is one of many schools that have "reasonable suspicion" testing. That means players can be tested when their behavior or physical symptoms suggest drug use.


Despite gaining 81 pounds in a year, Lamaak said he was never singled out for testing.


The associate athletics director for athletic training at Iowa State, Mark Coberley, said coaches and trainers use body composition, strength data and other factors to spot suspected cheaters. Lamaak, he said, was not suspicious because he gained a lot of "non-lean" weight.


"There are a lot of things that go into trying to identify whether guys are using performance-enhancing drugs," Coberley said. "If anybody had the answer, they'd be spotting people that do it. We keep our radar up and watch for things that are suspicious and try to protect the kids from making stupid decisions."


There's no evidence that Lamaak's weight gain was anything but natural. Gaining fat is much easier than gaining muscle. But colleges don't routinely release information on how much of the weight their players gain is muscle, as opposed to fat. Without knowing more, said Benardot, the expert at Georgia State, it's impossible to say whether large athletes were putting on suspicious amounts of muscle or simply obese, which is defined as a body mass index greater than 30.


Looking solely at the most significant weight gainers also ignores players like Bryan Maneafaiga.


In the summer of 2004, Maneafaiga was an undersized 180-pound running back trying to make the University of Hawaii football team. Twice — once in pre-season and once in the fall — he failed school drug tests, showing up positive for marijuana use. What surprised him was that the same tests turned up negative for steroids.


He'd started injecting stanozolol, a steroid, in the summer to help bulk up to a roster weight of 200 pounds. Once on the team, where he saw only limited playing time, he'd occasionally inject the milky liquid into his buttocks the day before games.


"Food and good training will only get you so far," he told the AP recently.


Maneafaiga's coach, June Jones, meanwhile, said none of his players had tested positive for doping since he took over the team in 1999. He also said publicly that steroids had been eliminated in college football: "I would say 100 percent," he told The Honolulu Advertiser in 2006.


Jones said it was news to him that one of his players had used steroids. Jones, who now coaches at Southern Methodist University, said many of his former players put on bulk working hard in the weight room. For instance, adding 70 pounds over a three- to four-year period isn't unusual, he said.


Jones said a big jump in muscle year-over-year — say 40 pounds — would be a "red light that something is not right."


Jones, a former NFL head coach, said he is unaware of any steroid use at SMU and believes the NCAA is doing a good job testing players. "I just think because the way the NCAA regulates it now that it's very hard to get around those tests," he said.


The cost of testing


While the use of drugs in professional sports is a question of fairness, use among college athletes is also important as a public policy issue. That's because most top-tier football teams are from public schools that benefit from millions of dollars each year in taxpayer subsidies. Their athletes are essentially wards of the state. Coaches and trainers — the ones who tell players how to behave, how to exercise and what to eat — are government employees.


Then there are the health risks, which include heart and liver problems and cancer.


On paper, college football has a strong drug policy. The NCAA conducts random, unannounced drug testing and the penalties for failure are severe. Players lose an entire year of eligibility after a first positive test. A second offense means permanent ineligibility from sports.


In practice, though, the NCAA's roughly 11,000 annual tests amount to just a fraction of all athletes in Division I and II schools. Exactly how many tests are conducted each year on football players is unclear because the NCAA hasn't published its data for two years. And when it did, it periodically changed the formats, making it impossible to compare one year of football to the next.


Even when players are tested by the NCAA, people involved in the process say it's easy enough to anticipate the test and develop a doping routine that results in a clean test by the time it occurs. NCAA rules say players can be notified up to two days in advance of a test, which Catlin says is plenty of time to beat a test if players have designed the right doping regimen. By comparison, Olympic athletes are given no notice.


"Everybody knows when testing is coming. They all know. And they know how to beat the test," Catlin said, adding, "Only the really dumb ones are getting caught."


Players are far more likely to be tested for drugs by their schools than by the NCAA. But while many schools have policies that give them the right to test for steroids, they often opt not to. Schools are much more focused on street drugs like cocaine and marijuana. Depending on how many tests a school orders, each steroid test can cost $100 to $200, while a simple test for street drugs might cost as little as $25.


When schools call and ask about drug testing, the first question is usually, "How much will it cost," Turpin said.


Most schools that use Drug Free Sport do not test for anabolic steroids, Turpin said. Some are worried about the cost. Others don't think they have a problem. And others believe that since the NCAA tests for steroids their money is best spent testing for street drugs, she said.


Wilfert, the NCAA official, said the possibility of steroid testing is still a deterrent, even at schools where it isn't conducted.


"Even though perhaps those institutional programs are not including steroids in all their tests, they could, and they do from time to time," she said. "So, it is a kind of deterrence."


For Catlin, one of the most frustrating things about running the UCLA testing lab was getting urine samples from schools around the country and only being asked to test for cocaine, marijuana and the like.


"Schools are very good at saying, 'Man, we're really strong on drug testing,'" he said. "And that's all they really want to be able to say and to do and to promote."


That helps explain how two school drug tests could miss Maneafaiga's steroid use. It's also possible that the random test came at an ideal time in Maneafaiga's steroid cycle.


Enforcement varies


The top steroid investigator at the U.S. Drug Enforcement Administration, Joe Rannazzisi, said he doesn't understand why schools don't invest in the same kind of testing, with the same penalties, as the NFL. The NFL has a thorough testing program for most drugs, though the league has yet to resolve a long-simmering feud with its players union about how to test for human growth hormone.


"Is it expensive? Of course, but college football makes a lot of money," he said. "Invest in the integrity of your program."


For a school to test all 85 scholarship football players for steroids twice a season would cost up to $34,000, Catlin said, plus the cost of collecting and handling the urine samples. That's about 0.2 percent of the average big-time school football budget of about $14 million. Testing all athletes in all sports would make the school's costs higher.


When schools ask Drug Free Sport for advice on their drug policies, Turpin said she recommends an immediate suspension after the first positive drug test. Otherwise, she said, "student athletes will roll the dice."


But drug use is a bigger deal at some schools than others.


At Notre Dame and Alabama, the teams that will soon compete for the national championship, players don't automatically miss games for testing positive for steroids. At Alabama, coaches have wide discretion. Notre Dame's student-athlete handbook says a player who fails a test can return to the field once the steroids are out of his system.


"If you're a strength-and-conditioning coach, if you see your kids making gains that seem a little out of line, are you going to say, 'I'm going to investigate further? I want to catch someone?'" said Anthony Roberts, an author of a book on steroids who says he has helped college football players design steroid regimens to beat drug tests.


There are schools with tough policies. The University of North Carolina kicks players off the team after a single positive test for steroids. Auburn's student-athlete handbook calls for a half-season suspension for any athlete caught using performance-enhancing drugs.


Wilfert said it's not up to the NCAA to determine whether that's fair.


"Obviously if it was our testing program, we believe that everybody should be under the same protocol and the same sanction," she said.


Fans typically have no idea that such discrepancies exist and players are left to suspect who might be cheating.


"You see a lot of guys and you know they're possibly on something because they just don't gain weight but get stronger real fast," said Orrin Thompson, a former defensive lineman at Duke. "You know they could be doing something but you really don't know for sure."


Thompson gained 85 pounds between 2001 and 2004, according to Duke rosters and Thompson himself. He said he did not use steroids and was subjected to several tests while at Duke, a school where a single positive steroid test results in a yearlong suspension.


Meanwhile at UCLA, home of the laboratory that for years set the standard for cutting-edge steroid testing, athletes can fail three drug tests before being suspended. At Bowling Green, testing is voluntary.


At the University of Maryland, students must get counseling after testing positive, but school officials are prohibited from disciplining first-time steroid users. Athletic department spokesman Matt Taylor denied that was the case and sent the AP a copy of the policy. But the policy Taylor sent included this provision: "The athletic department/coaching staff may not discipline a student-athlete for a first drug offense."


By comparison, in Kentucky and Maryland, racehorses face tougher testing and sanctions than football players at Louisville or the University of Maryland.


"If you're trying to keep a level playing field, that seems nonsensical," said Rannazzisi at the DEA. He said he was surprised to learn that what gets a free pass at one school gets players immediately suspended at another. "What message does that send? It's OK to cheat once or twice?"


Only about half the student athletes in a 2009 NCAA survey said they believed school testing deterred drug use.


As an association of colleges and universities, the NCAA could not unilaterally force schools to institute uniform testing policies and sanctions, Wilfert said.


"We can't tell them what to do, but if went through a membership process where they determined that this is what should be done, then it could happen," she said.


'Everybody around me was doing it'


Steroids are a controlled substance under federal law, but players who use them need not worry too much about prosecution. The DEA focuses on criminal operations, not individual users. When players are caught with steroids, it's often as part of a traffic stop or a local police investigation.


Jared Foster, 24, a quarterback recruited to play at the University of Mississippi, was kicked off the team in 2008 after local authorities arrested him for giving a man nandrolone, an anabolic steroid, according to court documents. Foster pleaded guilty and served jail time.


He told the AP that he doped in high school to impress college recruiters. He said he put on enough lean muscle to go from 185 pounds to 210 in about two months.


"Everybody around me was doing it," he said.


Steroids are not hard to find. A simple Internet search turns up countless online sources for performance-enhancing drugs, mostly from overseas companies.


College athletes freely post messages on steroid websites, seeking advice to beat tests and design the right schedule of administering steroids.


And steroids are still a mainstay in private, local gyms. Before the DEA shut down Alabama-based Applied Pharmacy Services as a major nationwide steroid supplier, sales records obtained by the AP show steroid shipments to bodybuilders, trainers and gym owners around the country.


Because users are rarely prosecuted, the demand is left in place after the distributor is gone.


When Joshua Hodnik was making and wholesaling illegal steroids, he had found a good retail salesman in a college quarterback named Vinnie Miroth. Miroth was playing at Saginaw Valley State, a Division II school in central Michigan, and was buying enough steroids for 25 people each month, Hodnik said.


"That's why I hired him," Hodnik said. "He bought large amounts and knew how to move it."


Miroth, who pleaded no contest in 2007 and admitted selling steroids, helped authorities build their case against Hodnik, according to court records. Now playing football in France, Miroth declined repeated AP requests for an interview.


Hodnik was released from prison this year and says he is out of the steroid business for good. He said there's no doubt that steroid use is widespread in college football.


"These guys don't start using performance-enhancing drugs when they hit the professional level," the Oklahoma City man said. "Obviously it starts well before that. And you can go back to some of the professional players who tested positive and compare their numbers to college and there is virtually no change."


Maneafaiga, the former Hawaii running back, said his steroids came from Mexico. A friend in California, who was a coach at a junior college, sent them through the mail. But Maneafaiga believes the consequences were nagging injuries. He found religion, quit the drugs and became the team's chaplain.


"God gave you everything you need," he said. "It gets in your mind. It will make you grow unnaturally. Eventually, you'll break down. It happened to me every time."


At the DEA, Rannazzisi said he has met with and conducted training for investigators and top officials in every professional sport. He's talked to Major League Baseball about the patterns his agents are seeing. He's discussed warning signs with the NFL.


He said he's offered similar training to the NCAA but never heard back. Wilfert said the NCAA staff has discussed it and hasn't decided what to do.


"We have very little communication with the NCAA or individual schools," Rannazzisi said. "They've got my card. What they've done with it? I don't know."


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Associated Press writers Ryan Foley in Cedar Rapids, Iowa; David Brandt in Jackson, Miss.; David Skretta in Lawrence, Kan.; Don Thompson in Sacramento, Calif.;and Alexa Olesen in Shanghai, China; and researchers Susan James in New York and Monika Mathur in Washington contributed to this report.


___


Contact the Washington investigative team at DCinvestigations (at) ap.org.


Whether for athletics or age, Americans from teenagers to baby boomers are trying to get an edge by illegally using anabolic steroids and human growth hormone, despite well-documented risks. This is the first of a two-part series.


Read More..

Heart joins select class with Rock Hall induction


NEW YORK (AP) — The journey to the Rock and Roll Hall of Fame can be a long and winding road for some acts. For Heart, it took more than a decade, and sisters Ann and Nancy Wilson admitted they were losing hope.


"(The) running joke in the band was (we) would never get in," Ann said.


But all that changed when the group made the class of 2013, announced this month.


"Well, it just goes to show you that just when you think you know the shape of rock 'n' roll, it changes shape on you," Ann said. "This is really more than thrilling."


Her younger sister, Nancy, was glad the speculation over whether they'd make it was finally put to rest.


"We feel like we deserve it, so we're happy to be here," Nancy said.


Since their seminal 1976 release "Dreamboat Annie" that spawned the classic hits "Magic Man," and "Crazy on You," the band went on the sell more than 30 million albums worldwide. They took time off in the 1990s so Nancy, then married to director Cameron Crowe, could raise her family, but have been performing and touring for the last several years. This year, they released their 14th studio album, "Heart Fanatic," and also released the book "Kicking and Dreaming: A Story of Heart, Soul, and Rock & Roll." Their most recent tour resumes on Jan. 25 in Worcester, Mass.


With their induction, they are part of only a few rock bands in the hall fronted by women (others include Jefferson Airplane with lead singer Grace Slick. Stevie Nicks and Christine McVie with Fleetwood Mac, and Chrissie Hynde with the Pretenders).


Neither sister feels she was an inspiration to other women that eventually played in rock 'n' roll bands.


"Boys invented rock to get girls, so when girls came into it they had to make a new universe," Ann joked, before adding: "I'm just looking forward to the time when we don't have to have a gender designation on music. To me, that will really be the time when we've done something."


The 28th Annual Rock and Roll Hall of Fame Induction ceremony will be held in Los Angeles on April 18. Other acts who will be part of the 2013 class are Rush, Donna Summer, Randy Newman, Public Enemy and Albert King.


They're proud to be among the more senior rock acts still touring today (Ann is 62; Nancy is 58).


"Rock 'n' roll does not have an age limit as long as it's authentic. Rock and roll is just as beautiful as when Keith Richards plays it as jazz would be when Thelonious Monk would play it," said Ann. "But the key to all that is that it has to be the real deal. It can't be some old washed up dudes thinking ... 'Let's go out and do it some more.' No. It has to still be vital."


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Online:


www.heart-music.com


www.rockhall.com


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Derrik J. Lang contributed to this report from Los Angeles.


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John Carucci covers entertainment for The Associated Press. Follow him at —http://www.twitter.com/jcarucci_ap


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Illinois jobless rate falls to 8.7%













Illinois unemployment


Illinois' unemployment rate dipped to 8.7 percent in November.
(Bloomberg file photo / December 20, 2012)





















































Illinois' unemployment rate dipped to 8.7 percent in November as the economy added 16,400 jobs.

Preliminary data released Thursday by the Illinois Department of Employment Security indicate the largest monthly job gain of the year. There still are 574,600 Illinoisans out of work. The rate does not reflect unemployed people who've quit looking for work.

IDES Director Jay Rowell says November's job growth is encouraging and "reinforces the trend of positive economic momentum."

But he says progress will slow if Congress and the president fail to come to a resolution on the so-called fiscal cliff.

November's seasonally adjusted rate is one-tenth of a percentage point lower than in October and 1.1 percentage points lower than November 2011.

Most job gains last month were in professional and business services and manufacturing.


Read More..

White House pushes gun policy effort after Newtown shooting










WASHINGTON (Reuters) - Vice President Joe Biden will lead an effort to craft policies to reduce gun violence in a plan President Barack Obama was to lay out Wednesday amid calls for action after the massacre of 26 people, including 20 children, at a Connecticut elementary school.

Obama was not expected to unveil policy decisions but outline how his administration will proceed, White House aides said. The move could signal that he will make the issue a second-term priority and add momentum to a national debate over tighter gun control laws.

Obama has turned to Biden in the past to take a role in high-profile initiatives, including efforts on a deficit-reduction compromise with congressional Republicans in 2011. The vice president will join Obama for the announcement in the White House briefing room at 11:45 a.m. EST.

Biden's mission - to coordinate a strategy among government agencies in the wake of the Newtown, Connecticut shootings - comes days after the mass murder that has generated a national outcry for greater efforts to stem gun violence.

U.S. Representative Ron Barber, who was wounded in a 2011 Arizona shooting that targeted his predecessor Gabrielle Giffords and 18 others, welcomed the effort and echoed other Democratic lawmakers' calls to ban military-grade guns.

"I really believe that we can put together a broad coalition to deal with particularly the assault weapons and the heavy firepower that these large capacity magazines contain," Barber told MSNBC on Wednesday.

Friday's massacre was the fourth shooting rampage to claim multiple lives in the United States this year.

The president demanded changes to the way the United States deals with gun violence at a memorial service in Newtown on Sunday. Obama said he would "use whatever power this office" holds to prevent such tragedies in the future.

Gun control has been a low priority for most U.S. politicians due to the widespread popularity of guns in America and the clout of the National Rifle Association, the powerful gun industry lobby.

The constitutional right to bear arms is seen by many Americans as set in stone, and even after mass shootings, politicians have tiptoed around specific steps to limit access to lethal weapons.

Even so, the horror of the Newtown killings, in which a 20-year-old man killed 6- and 7-year-old children and their teachers in their classrooms before taking his own life, has provoked an apparent change of heart in some politicians.

REVISITING GUN CONTROL

Lawmakers, including pro-gun Democrats and some Republicans, have said they are rethinking their stance on guns after Friday's shooting.

Democratic Senator Joe Manchin of West Virginia, a longtime gun rights advocate, has said he is now open to more regulation of military-style rifles like the one used in Newtown. Obama spoke with him on Tuesday, the White House said.

A few Republicans have also expressed a willingness to revisit the gun control issue, though few have offered specifics.

Some gun-rights advocates have pointed to the school shooting as an example for the need to expand access to guns for some, such as teachers.

The White House spelled out some gun control measures on Tuesday that Obama would support.

Spokesman Jay Carney said Obama would back U.S. Senator Dianne Feinstein's effort to reinstate an assault weapons ban. The president also would favor any law to close a loophole related to gun-show sales, he said.

Efforts to limit high-capacity gun ammunition clips would be another option, Carney said.

House Minority Leader Nancy Pelosi on Tuesday called on Congress to act immediately to ban high-capacity magazines - attachments that can allow shooters to fire as many as 30 bullets within seconds.

Many on both sides of the issue have also pointed to the need to address mental-health issues, violence in the entertainment industry, and school safety.

Separately on Wednesday, Senator John Rockefeller called for a national study of the impact of violent video games on children, as well as for a review of the ratings system for such games.

(Additional reporting by Matt Spetalnick; Editing by Doina Chiacu and David Brunnstrom)

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Strong software sales push Oracle shares to 19-month high


(Reuters) - Shares of Oracle Corp, the world's No. 3 software maker, rose 4 percent to their highest in 19 months on Wednesday after it forecast strong sales for next year, prompting several brokerages to raise their price targets on the stock.


The company's results often set the tone for smaller software makers, and analysts said the 17 percent jump in its quarterly software sales boded well for the industry.


Investors pay close attention to new software sales as they generate high-margin, long-term maintenance contracts and are an important gauge of a company's future profits.


"Oracle delivered strong results in a challenging environment," Susquehanna Financial Group analyst Derrick Wood said in a note to clients.


Investors are worried that corporations would postpone spending on technology because of uncertainty over the year-end deadline for Congress and U.S. President Barack Obama to reach a compromise on the looming "fiscal cliff", an automatic rise in tax rates and government spending cuts next year.


Shares of Oracle, which competes with Germany's SAP AG and Salesforce.com Inc, rose to $34.15 in early Wednesday trading on the Nasdaq.


Oracle said earlier this month it would give over $800 million back to shareholders, joining a rising number of companies accelerating dividend payments or declaring special dividends because of uncertainty surrounding the U.S. government's fiscal plans.


"(Oracle's) investments and efforts to build out its product portfolio and sales capacity are clearly starting to pay off handsomely and enable it to navigate the rough seas," Stifel Nicolaus analyst Brad Reback said.


Reback, who has a "buy" rating on the stock, raised his price target by $1 to $38.


Oracle, which was slow to embrace cloud computing -- a broad term referring to the delivery of computer services via the Internet from remote data centers -- is now trying to drive growth by promoting its suite of cloud computing products.


Corporate technology buyers like the approach because it is faster to implement and has lower upfront costs than traditional software, which businesses need to install on their own computer systems.


"Calendar 2013 is promising for Oracle thanks to a strong product cycle, market share gains, and healthy secular trends for cloud spend," FBR Capital Markets analysts said.


The brokerage, which has an "outperform" rating on the company's stock, raised its price target by $1 to $37.


"The only blemish in the quarter was on the hardware front, as the company remains focused on sunsetting uneconomical product offerings," FBR said.


The company's hardware business, which it acquired with its $5.6 billion purchase of Sun Microsystems in January 2010, continued to be sluggish, and quarterly hardware systems product sales fell 23 percent from a year earlier.


(Reporting by Sayantani Ghosh in Bangalore; Editing by Roshni Menon)



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Penn State voted AP sports story of year again


NEW YORK (AP) — The Penn State child sex abuse scandal was selected as the sports story of the year by U.S. editors and news directors in an annual vote conducted by The Associated Press.


The news broke in November 2011, with a grand jury report outlining charges against Jerry Sandusky, and the outrage that followed led to the firing of Hall of Fame coach Joe Paterno. But the aftershocks were felt long into 2012: Sandusky was convicted in June of assaulting 10 boys, and the NCAA handed down brutal sanctions in July.


In both years, the scandal was picked as the top sports story, the first time since the AP began conducting its annual vote in 1990 that the same story was selected twice in a row. The results of this year's tally were announced Wednesday.


Even before the Sandusky trial, the State College community had absorbed another huge blow as Paterno died Jan. 22 at age 85 of lung cancer.


The year ended with a small step to normalcy — joy on the football field. Under new coach Bill O'Brien, the Nittany Lions won eight of their last 10 games to finish 8-4, capped by an overtime victory at home over Wisconsin.


There were 157 ballots submitted from U.S. news organizations. The voters were asked to rank the top 10 sports stories of the year, with the first-place story getting 10 points, the second-place story receiving nine points, and so on.


The Penn State saga received 1,420 points and 109 first-place votes. The No. 2 sports story, Lance Armstrong stripped of his seven Tour de France titles, had 10 first-place votes and 1,008 points.


Football's popularity, college and pro, was unmistakable with seven of the top 10 stories. But only two of them involved the action on the field.


Here are 2012's top 10 stories:


1. PENN STATE: Sandusky, the former defensive coordinator whose crimes led to such devastation for his victims and for his former employer, was found guilty on 45 of 48 counts. In October, the 68-year-old was sentenced to 30 to 60 years in prison. His conviction provided some closure, but a messy aftermath remained. Former FBI Director Louis Freeh released the results of his investigation July 12, saying Paterno and other top school officials covered up allegations against Sandusky. The NCAA used that report as a basis for its sanctions announced later that month, which included a $60 million fine, a four-year bowl ban and scholarship reductions.


2. LANCE ARMSTRONG: In February, federal prosecutors closed an investigation into whether the star cyclist doped. That turned out to be only a temporary reprieve for a once-revered figure. In June, the U.S. Anti-Doping Agency accused him of using performance-enhancing drugs, and in August, when he dropped his fight against the charges, USADA ordered his record seven Tour titles wiped out. A report released in October laid out vivid details of the evidence. The year ends with Armstrong dropped by many of the companies he endorsed and no longer formally involved with the cancer charity he founded, Livestrong.


3. NFL BOUNTIES: This much is clear: Saints coach Sean Payton was suspended for the entire season and New Orleans started 0-4 to quickly fall out of playoff contention. Much else about the bounty scandal remains in dispute. Players deny the NFL's assertions of a pay-for-injury program. On Dec. 11, former Commissioner Paul Tagliabue overturned his successor's suspensions of four players but endorsed the findings of the investigation under Roger Goodell.


4. FOOTBALL CONCUSSIONS: The deaths of NFL greats Alex Karras — who suffered from dementia — and Junior Seau — who committed suicide — were grim reminders of the angst over head injuries in the sport and their possible consequences. Thousands of retired players have sued the league, alleging the NFL failed to protect them from the dangers of concussions.


5. LONDON OLYMPICS: Michael Phelps retired from swimming after setting an Olympic record with his 22nd medal at a Summer Games bursting with memorable performances. Usain Bolt became the first man to successfully defend both the 100- and 200-meter dash titles. And the host country racked up 65 medals in an Olympics so successful for Britain that it barely even rained.


6. COLLEGE FOOTBALL PLAYOFFS: Instead of complaining about the BCS, soon we can moan about the selection committee. After years of carping, fans finally got a playoff system, which will debut after the 2014 season. The four-team bracket will feature semifinals and a title game to determine a national champion.


7. REPLACEMENT OFFICIALS: Fans and pundits predicted a blown call would decide a critical game when the NFL started the season with replacement officials. Sure enough, in Week 3, on the national stage of "Monday Night Football," a missed offensive pass interference penalty and a questionable touchdown catch handed the Seattle Seahawks a win over the Green Bay Packers. Two days later, the league resolved its labor dispute with the regular refs.


8. SUPER GIANTS: A team that had been 7-7 upset the top-seeded Green Bay Packers on the road in the playoffs, needed overtime to beat the San Francisco 49ers in the NFC title game, then came from behind to defeat the New England Patriots in the Super Bowl, 21-17, an outcome strangely similar to their matchup four years earlier. Eli Manning won his second Super Bowl MVP award.


9. SUMMITT RETIRES: Pat Summitt, the winningest coach in NCAA basketball history, retired from the Tennessee bench in April at age 59, less than eight months after revealing she had early-onset dementia. Longtime assistant Holly Warlick took over the Lady Vols. Summitt was 1,098-208 with eight national titles in 38 seasons.


10. MANNING'S RESURGENCE: Peyton Manning was released from the Indianapolis Colts in March after missing last season because of neck surgery, the future uncertain for the four-time MVP. John Elway and the Broncos gambled that he still had some championship play left in that right arm, and so far it's looking like a brilliant move as Denver won the AFC West.


___


AP Projects Editor Brooke Lansdale contributed to this report.


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A Minute With: Jessica Chastain on “Zero Dark Thirty”






NEW YORK (Reuters) – Jessica Chastain carries the weight of starring in one of the year’s most anticipated films, “Zero Dark Thirty,” about the decade-long hunt and eventual killing of Osama bin Laden.


Critics say Chastain pulls it off seamlessly as “Maya,” based on a real-life CIA agent who played a major role in tracking down bin Laden at his hideout in Pakistan.






As the film opens in limited U.S. release on Wednesday, Chastain, who is tipped as a likely best actress Oscar nominee for the role, talked to Reuters about playing a character she could not meet and why the film is an important look at America’s role in a dark war.


Q. What did you think when you saw this film finished?


A. “It is a tough one for me to watch, because there is so much responsibility with playing this woman. I find her to be incredible. And I didn’t want to change her story or make her a Hollywood version, with a lot of makeup. I didn’t want to trivialize what she did … I want her to like it, but I don’t know if she will ever see it.”


Q. How did you play someone you had never met?


A. “There was three months of working with (screenplay writer) Mark Boal, doing research, reading lists and talking to people. And then anything I could not solve through research, like what is her favorite candy – ’cause when we are all overseas we have something we do when we are homesick – I had to answer that question myself.”


Q. Boal hasn’t gone into too much detail about her?


A. “We have to protect her because she is an undercover CIA operative, still working.”


Q. What else did you know about her?


A. “When we finished the movie, when the Navy Seal book ‘No Easy Day’ came out. I raced to go read it, because I was like, ‘I need to know if my character is in the book!’ And they talk about Jen, the young CIA girl. Well, everything matched up. She was the only one that said 100 percent ‘he is there.’… They talked about how she had been on it close to a decade and they were only on it for 40 minutes. They said she was crying on the airplane afterwards.”


Q. During filming, were you ever worried about your safety, that the film might be misconstrued?


A. “As an actor you always worry about that. Because you think, maybe someone will see a film and they won’t understand the difference between acting and reality. The good thing is, what (director Kathryn Bigelow) and Mark have done, is that they have not made a propaganda film. They tried to make it as authentic as possible and respectful of the actual historical event as they could. That includes showing the intense interrogation techniques that were used. The end of the film – it’s not a lot of fist pumping and saying, ‘Here is our journey over 10 years and it was so difficult and we finally did it.’ It ends actually on a very different note.”


Q. Can you elaborate on that?


A. “Well, for me the whole thing is about the arc of this woman. She shows up in the beginning and she is wearing her best suit. She thinks she knows what she is in for, and she is completely out of her element. But over the 10 years, this woman, who has been trained to be unemotional and analytically precise … we see her struggling to keep it contained for 10 years and as she descends down the rabbit hole of the world she is in.


“So finally at the end when she is asked, ‘Where do you want to go?’ there is no way to answer that question. … She has no idea where she belongs, now that this is done. But not only does it speak in terms of that, but the movie ends with that question – where do you want to go? Where do we go now as a country? Where do we go as a society? It is not a movie that ends with an answer, and I find that powerful.”


Q. How did you cope with filming the torture scenes?


A. “We filmed in a real Jordanian prison, in the middle of nowhere. The environment wasn’t great, especially as a woman.


“They had a lot of trust between the actors, nothing was dangerous or unsafe. There was a lot of discussion to make sure that we weren’t doing something that was going to be salacious. They just wanted it to be accurate.


“I know I am playing a character who has trained to be unemotional. But I have spent my entire life allowing myself to be emotional, and allowing myself to feel everything. … There was actually one day that we were doing a scene, and I said, ‘I am sorry’ and I just had to walk away, and I just started crying … it was a very intense experience.”


Q. You are a top chance for Oscar nomination. Would that be more or less rewarding for this role?


A. “Because she is still an active member of the CIA and undercover, she can’t take credit for what she’s done. … And by making this film, it is my idea as a way of thanking her. It would be very emotional because of that.”


Q. You compare your character to getting lost down a CIA rabbit hole. What about your own dizzying rise as an actress?


A. “That’s a good question. I do think that next year I need to go somewhere for a month and be in a room by myself and be like, ‘Ok, what now Jessica?’ But I am nowhere near where she was at the end of this mission.”


(Reporting By Christine Kearney, editing by Jill Serjeant and Doina Chiacu)


Movies News Headlines – Yahoo! News





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Experts: Kids are resilient in coping with trauma


WASHINGTON (AP) — They might not want to talk about the gunshots or the screams. But their toys might start getting into imaginary shootouts.


Last week's school shooting in Connecticut raises the question: What will be the psychological fallout for the children who survived?


For people of any age, regaining a sense of security after surviving violence can take a long time. They're at risk for lingering anxiety, depression, post-traumatic stress disorder.


But after the grief and fear fades, psychiatrists say most of Newtown's young survivors probably will cope without long-term emotional problems.


"Kids do tend to be highly resilient," said Dr. Matthew Biel, chief of child and adolescent psychiatry at MedStar Georgetown University Hospital.


And one way that younger children try to make sense of trauma is through play. Youngsters may pull out action figures or stuffed animals and re-enact what they witnessed, perhaps multiple times.


"That's the way they gain mastery over a situation that's overwhelming," Biel explained, saying it becomes a concern only if the child is clearly distressed while playing.


Nor is it unusual for children to chase each other playing cops-and-robbers, but now parents might see some also pretending they're dead, added Dr. Melissa Brymer of the UCLA-Duke National Center for Child Traumatic Stress.


Among the challenges will be spotting which children are struggling enough that they may need professional help.


Newtown's tragedy is particularly heart-wrenching because of what such young children grappled with — like the six first-graders who apparently had to run past their teacher's body to escape to safety.


There's little scientific research specifically on PTSD, post-traumatic stress disorder, in children exposed to a burst of violence, and even less to tell if a younger child will have a harder time healing than an older one.


Overall, scientists say studies of natural disasters and wars suggest most children eventually recover from traumatic experiences while a smaller proportion develop long-term disorders such as PTSD. Brymer says in her studies of school shootings, that fraction can range from 10 percent to a quarter of survivors, depending on what they actually experienced. A broader 2007 study found 13 percent of U.S. children exposed to different types of trauma reported some symptoms of PTSD, although less than 1 percent had enough for an official diagnosis.


Violence isn't all that rare in childhood. In many parts of the world — and in inner-city neighborhoods in the U.S., too — children witness it repeatedly. They don't become inured to it, Biel said, and more exposure means a greater chance of lasting psychological harm.


In Newtown, most at risk for longer-term problems are those who saw someone killed, said Dr. Carol North of the University of Texas Southwestern Medical Center, who has researched survivors of mass shootings.


Friday's shootings were mostly in two classrooms of Sandy Hook Elementary School, which has about 450 students through fourth-grade.


But those who weren't as close to the danger may be at extra risk, too, if this wasn't their first trauma or they already had problems such as anxiety disorders that increase their vulnerability, she said.


Right after a traumatic event, it's normal to have nightmares or trouble sleeping, to stick close to loved ones, and to be nervous or moody, Biel said.


To help, parents will have to follow their child's lead. Grilling a child about a traumatic experience isn't good, he stressed. Some children will ask a lot of questions, seeking reassurance, he said. Others will be quiet, thinking about the experience and maybe drawing or writing about it, or acting it out at playtime. Younger children may regress, becoming clingy or having tantrums.


Before second grade, their brains also are at a developmental stage some refer to as magical thinking, when it's difficult to distinguish reality and fantasy. Parents may have to help them understand that a friend who died isn't in pain or lonely but also isn't coming back, Brymer said.


When problem behaviors or signs of distress continue for several weeks, Brymer says it's time for an evaluation by a counselor or pediatrician.


Besides a supportive family, what helps? North advises getting children back into routines, together with their friends, and easing them back into a school setting. Studies of survivors of the Sept. 11 terrorist attacks found "the power of the support of the people who went through it with you is huge," she said.


Children as young as first-graders can benefit from cognitive-behavioral therapy, Georgetown's Biel said. They can calm themselves with breathing techniques. They also can learn to identify and label their feelings — anger, frustration, worry — and how to balance, say, a worried thought with a brave one.


Finally, avoid watching TV coverage of the shooting, as children may think it's happening all over again, Biel added. He found that children who watched the 9/11 clips of planes hitting the World Trade Center thought they were seeing dozens of separate attacks.


___


EDITOR'S NOTE — Lauran Neergaard covers health and medical issues for The Associated Press in Washington.


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A year for enduring pop culture icons to shine


NEW YORK (AP) — Marilyn Monroe. The Rolling Stones. And Bond — James Bond. What do they have in common?


Sure, one's long gone, and one's fictional. But all three marked a golden anniversary in 2012. And after a half-century in our pop-culture consciousness, they each displayed a surprisingly enduring appeal.


So even though, as a culture, we still worshiped at the fountain of youth this year, marveling at the precocious talents of a Lena Dunham, a Taylor Swift, and a slew of charming young Olympians, let's also give a shoutout to some of our most enduring icons. Turns out some things never go out of style.


Once again, our highly subjective pop-culture journey through the year:


_


JANUARY:


Here begins the incredible ascendance of LENA DUNHAM, as HBO picks up the actress-director-writer's "Girls," a meditation on the awkwardness of being female and 20-ish in New York. By year's end Dunham, at 26, will have gathered so much buzz, she'll be on her way to becoming what her character, Hannah Horvath, can only dream of being: "The voice of my generation. Or at least, A voice. Of A generation."


FEBRUARY:


Let's hear it for the adults! MERYL STREEP, 62, wins her third Oscar for "The Iron Lady." It's her 17th nomination, a record. The whole ceremony has a vintage feel: BILLY CRYSTAL is back as host a year after the rocky appearance of the "young and hip" hosts, James Franco and Anne Hathaway. The best supporting actor, Christopher Plummer, is 82, and the best picture, "The Artist," is a throwback to silent films. Meanwhile, all hail MADONNA — at 54, not only does she score at the Super Bowl with her halftime show, but by year's end, her MDNA global tour will be the highest grossing of any in 2012. (Second place? That goes to BRUCE SPRINGSTEEN, age 63.)


MARCH:


Enter springtime, and youth again: Billboard's top moneymaker for 2011 is TAYLOR SWIFT, less than half Madonna's age. In 2012, Swift will have the biggest sales week for any album in a decade, for "Red." She also writes for the soundtrack of one of the year's hottest movies, THE HUNGER GAMES. Speaking of which, JENNIFER LAWRENCE, 22, becomes a breakout star this year, rocketing to fame as Katniss Everdeen in the first installment of the Suzanne Collins trilogy. In fashion, MARC JACOBS' Louis Vuitton show in Paris has models in Edwardian hats stepping off a reconstructed retro steam train, with valets carrying vintage-inspired hat boxes.


APRIL:


In technology news, FACEBOOK buys INSTAGRAM for a cool $1 billion, banking on people's insatiable desire to share photos of their most mundane moments. And oh yes, it's an election year, and it's dog eat dog: Talk focuses on SEAMUS, GOP candidate Mitt Romney's Irish setter. The pooch is long departed, but the image of him strapped to the roof of the family car, suffering gastric distress, is too much for many dog lovers to stomach (sorry) and will continue to dog Romney (sorry) for some time. Romney supporters, meanwhile, point out that Barack Obama sampled dog meat as a child.


MAY:


The weather's getting warm, and certain phrases are fast becoming ingrained into our consciousness. One of them is "Call Me Maybe"; Carly Rae Jepsen's dangerously catchy tune hits No. 1 on iTunes. Another is "Fifty Shades of Grey." The so-called "Mommy Porn" trilogy — the publishing sensation of the year — is banned by some public libraries due to its steamy content.


JUNE:


"Call Me Maybe" hits No. 1 on the Billboard chart. But let's dedicate the month to NORA EPHRON, the author, filmmaker and essayist whose searing wit put her in a class of her own. Her death at age 71 brings a flood of tributes. And rarely does a secretary of state make it onto our pop culture radar, but let's welcome HILLARY RODHAM CLINTON, ever more popular, who wears green-and-purple cat-eye sunglasses this month to swear in a purple-loving public servant. (By now she's famous for her shades-wearing power texting, the subject of an Internet meme.) She apologizes for not wearing a purple pantsuit; it's the only color she doesn't own, she quips.


JULY:


Who'd have thought the cheesy words "Hey, Sexy Lady" would go so far? South Korean singer PSY's video of his song "Gangnam Style," emerges this month and the rest is history — it will become the most watched YouTube clip of all time. At the London Olympics, young athletes like the ebullient gymnast GABBY DOUGLAS and swimmer MISSY FRANKLIN, both 17, shine, but MICHAEL PHELPS — now 27 — still shows fellow swimmers how it's done, and 70-year-old SIR PAUL McCARTNEY delivers a soulful "Hey Jude" at the opening ceremony. Meanwhile, QUEEN ELIZABETH II gamely participates in a sketch in which she parachutes into the stadium.


AUGUST:


Fifty years ago this month, MARILYN MONROE died, and look how a '50s icon has become a 21st-century phenom. Her platinum locks, slightly parted ruby lips, and curvy, clinging styles are copied by actresses and singers from MADONNA to TAYLOR SWIFT to LINDSAY LOHAN to RIHANNA to NICOLE KIDMAN. And there are a slew of Marilyn-themed enterprises on the horizon. Meanwhile, crusty CLINT EASTWOOD, 82, makes our night at the GOP convention with his infamous "empty chair" chat with President Obama. It becomes one of the enduring moments of the campaign, if also the most puzzling.


SEPTEMBER:


The most uninhibited person on the planet is now officially DUNHAM, who gets naked at the Emmys — she sits naked on a toilet and eats a birthday cake, to be precise, in an opening skit. At the MTV Video Music Awards, the boy band One Direction makes its mark as a new teen-girl obsession. But look who's also making waves: BILL CLINTON, 66, who rocks the Democratic Convention with an energetic speech that shows he can still inspire the masses. As for little SASHA and MALIA OBAMA, the country does a double-take; in four years they've become two mature and fashionable young women.


OCTOBER:


Binders full of women! Big Bird! Malarkey! Debate season is on, so let the instant memes begin. This is the first election where you could have followed the debates purely via Twitter. Surprise, DUNHAM's in the news again — and let no one doubt the value of pop-culture prominence, however ephemeral: Her new book deal with Random House is reportedly worth more than $3.5 million. But let's hear it for another 50th birthday: Edward Albee's "Who's Afraid of Virginia Woolf?" is back on Broadway exactly a half-century after it first premiered, and it's getting some of the best notices of the season.


NOVEMBER:


BOND. JAMES BOND. Embodied by the tough and chiseled DANIEL CRAIG, the world's most famous British spy is in better shape than ever as the franchise marks its 50th anniversary with "Skyfall," regarded by many as one of the best Bond films. Another iconic image doesn't fare so well: Lohan's turn as Liz Taylor in a new TV film is pilloried. Sometimes the original just shouldn't be touched. And hail to the first statistician to achieve pop-culture cred: Blogger NATE SILVER scores with his spot-on predictions of the election's outcome. And we must mention the oldest pop-culture hero of the year: ABRAHAM LINCOLN is back, courtesy of STEVEN SPIELBERG's movie and a typically mesmerizing performance by DANIEL DAY-LEWIS.


DECEMBER:


As the year ends, the world is abuzz with news of a royal pregnancy. Soon, a baby will be one of the biggest celebrities in the world. But for now, let's give a shoutout to the ROLLING STONES, whose average age is 68-plus, slightly older than the average Supreme Court justice. In five concerts marking their 50th year as a rock band, the grizzled foursome shows the world they still have the power to rock huge arenas (at huge prices), and upstage celebrity guests like LADY GAGA with their own charisma. Along with aging rockers McCARTNEY, SPRINGSTEEN, THE WHO and PINK FLOYD, they dominate a televised benefit for storm victims. As for MICK JAGGER, who at 69 hasn't lost any of those "moves like Jagger," we can only say, to paraphrase the famous movie line: "We'll have what he's having."


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U.S. to sell GM stake in 15 months









The Treasury plans to sell its remaining stake in General Motors over the next 15 months, allowing the automaker to shed the stigma of being partly owned by the U.S. government.

GM said Wednesday it will spend $5.5 billion to buy back 200 million shares of its stock from the Treasury by the end of this year. The government, in turn, plans to sell its remaining stake of 300 million shares on the open market over the next 12 to 15 months.

GM will pay $27.50 for each share, about an 8 percent premium over Tuesday's closing price of $25.49. The shares shot up more than 8 percent in premarket trading to $27.57.

The deal almost certainly means that the government will lose billions on a $49.5 billion bailout that saved GM from being auctioned off in pieces during the financial crisis in 2008 and 2009. GM's buyback will cut the Treasury's stake to 19 percent from 26.5 percent. For it to break even, Treasury would have to sell the remaining 300 million shares for average of about $70.

For GM, getting the government out of its business removes a major business obstacle. GM Chief Financial Officer Dan Ammann told reporters that GM has market research showing that government ownership has held down sales of the company's cars and trucks.

"This is fundamentally good for the business," he said at a hastily called news conference Wednesday morning.

The government got its stake as part of the bailout of GM that began nearly four years ago.

The Treasury Department said in a statement that it would sell the remaining 19 percent stake "in an orderly fashion" within the next 12 to 15 months, subject to market conditions.

Treasury said it will have recovered more than $28.7 billion of its investment through repayments of loans, sales of stock, dividends, interest and other income after GM buys back the 200 million shares. But that leaves Treasury about $21 billion short of recouping its investment.

In 2008 and 2009, the U.S. Treasury bailed out GM to help stabilize and restructure the company at the trough of the financial crisis. The bailouts of GM and Chrysler were part of the $700 billion Trouble Asset Relief Program created by Congress during the financial crisis in the fall of 2008.

"The auto industry rescue helped save more than a million jobs during a severe economic crisis," said Timothy Massad, Treasury's assistant secretary for financial stability. "The government should not be in the business of owning stakes in private companies for an indefinite period of time."

Massad said that exiting the GM investment "is consistent with our dual goals of winding down TARP as soon as practicable and protecting taxpayer interests."

Although GM is paying a premium for the government shares, Ammann said it's still a good deal for GM shareholders. The number of shares on the market will reduced about 11 percent, which should increase the value of the remaining shares.

The move was approved by the GM board on Tuesday evening after the company got opinions from its management and financial advisers, GM said.

Government-ordered pay restrictions will remain in effect. But a ban on corporate jet ownership and requirements on manufacturing a certain percentage of GM cars and trucks in the U.S. will be lifted. GM says it already has exceeded the manufacturing requirements and will continue to do so for the foreseeable future.

The company said it has no immediate plans to buy or lease corporate jets.

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