Friday, May 25, 2012

Insights on Venture Capital and Entrepreneurialism - Women & Co.

From Fashion to Finance: Insights on Venture Capital and Entrepreneurialism

Blog Post by Linda Descano CFA???-??05/24/2012 @ 10:00AM

As I shared in my post Inspiring Insights from Phabulous Philly, I go back to my hometown every month or so for coffee and conversation with a group of enterprising women from the area. Each meet-up often has a few new faces -- one of whom was Karen Griffith Gryga (@karengg), an 18-year veteran of the venture capital industry.? Today, Karen is Executive Director of the Mid-Atlantic Angel Group, Co-Founder and CEO of FashInvest, and a venture partner with Innovation Capital.

Karen is frequently sought out by both professional and academic communities for her insights on the subjects of venture capital and entrepreneurialism, so I asked her what advice she would share with entrepreneurs looking to raise capital through "VC" investors. Below is an edited recap of what Karen shared:

  1. Warm introductions are invaluable. So, align yourself with service providers -- accountants, lawyers and others -- who work with emerging growth companies and understand what that means. Tap into their experience to help you formulate your pitch and plan -- and then leverage their network. Along these same lines, surround yourself with an advisory board of mentors who are familiar with the VC fundraising process.
  2. Remember that all VC capital isn't created equal. Do your homework and identify those venture funds whose profile matches your business.
  3. Look for networking events where your "target" VC investors are. Be strategic in where you network and, of course, how you network once you are at the event.
  4. VC fundraising is a numbers game. It takes time and effort. You will probably be talking to a lot of people before you find a fit with a VC portfolio. Learn from every interaction and keep honing your strategy, pitch and plan. Stay resilient, focused and positive.
  5. Investors pay attention to a business' risk profile: how is the business going to grow and move forward and what are the risks and headwinds they are facing, whether operational or demand-driven. So it is important that you have a good grasp on your business as it is today, how it will evolve and how you are going to pivot in response to changing circumstances.

At the end of the day, Karen stressed, it's a matter of strength: the strength of your business opportunity, the strength of your pitch and ability to influence, and your inner strength: confidence.


Women & Co. is a service of Citibank, N.A., that provides financial content, commentary and related resources intended for informational purposes only. The views expressed in Women & Co. content constitute the judgment of the author(s) as of the publication date and are subject to change without notice. Women & Co. makes no guarantee about the accuracy of information provided by any third party. Women and Company, Women & Co., Citibank, Citi, and Citi with Arc Design are registered service marks of Citigroup Inc.

Citigroup Inc. and its affiliates do not provide tax or legal advice. To the extent that this material or any attachment concerns tax matters, it is not intended to be used and cannot be used by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

INVESTMENT PRODUCTS: NOT FDIC INSURED ? NO BANK GUARANTEE ? MAY LOSE VALUE

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Thursday, May 24, 2012

'Modern Family' Finale: Haley Goes To College; Gloria Discovers She's Pregnant (VIDEO)

  • Mon., May 21: "House"

    "House" (8 p.m. ET on Fox) series finale The special two-hour series finale event kicks off with a one-hour retrospective special that will look back at the series and feature interviews with the stars and producers, special original content and other surprises. Then, in the series finale, directed by series creator and executive producer David Shore, treating a drug addict patient (guest star James LeGros) results in House examining his life, his future and his own personal demons.

  • Mon., May 21: "Lost Girl"

    "House" (8 p.m. ET on Fox) series finale The special two-hour series finale event kicks off with a one-hour retrospective special that will look back at the series and feature interviews with the stars and producers, special original content and other surprises. Then, in the series finale, directed by series creator and executive producer David Shore, treating a drug addict patient (guest star James LeGros) results in House examining his life, his future and his own personal demons.

  • Tues., May 22: "American Idol"

    "American Idol" (8 p.m. ET on Fox) special night The two finalists take the stage to battle it out on the last performance show of the season. One will be crowned the next American Idol during Wednesday night's finale. Tune in to see whether Jessica Sanchez or Phillip Phillips impresses the judges -- and America -- most.

  • Tues., May 22: "Dancing With The Stars"

    "Dancing With the Stars" (9 p.m. ET on ABC) season finale Will Katherine Jenkins, William Levy or Donald Driver walk away with the Mirror Ball? Find out tonight.

  • Tues., May 22: "Glee"

    "Glee" (9 p.m. ET on Fox) season finale Graduation is finally here, as McKinley High's class of 2012 looks to the past and present, while contemplating the future.

  • Wed., May 23: "Don't Trust The B---- In Apartment 23"

    "Don't Trust The B---- in Apartment 23" (9.30 p.m. ET on ABC) season finale Every show in ABC's Wednesday line-up airs its finale this week -- starting with "The Middle" at 8 p.m. -- but we're most excited for "Apt. 23" (which will be moving to Tuesdays with "Happy Endings" http://www.huffingtonpost.com/2012/05/15/abc-2012-2013-schedule_n_1517338.html come fall). Finally feeling like one of the popular kids, June is desperate to keep pace with Chloe and her partying ways. It's not an easy task, especially when Chloe's "it girl" lifestyle is so legendary that there's even a whole Japanese comic book series based on it. Meanwhile, James loses it when he discovers that Dean Cain's "Dancing with the Stars" dressing room is bigger than his.

  • Wed., May 23: "Law & Order: Special Victims Unit"

    "Law & Order: Special Victims Unit" (10 p.m. ET on NBC) season finale An underage escort is found dead at a wild bachelor party, and Captain Cragen cautions his team to investigate with discretion, as there were several high-profile people at the scene. In their efforts to question a well-known leader in the New York escort world (guest star Peter Jacobson), Benson and Amaro encounter former SVU detective Brian Cassidy, who's been working undercover. With his help, the detectives dig deeper into a vicious power struggle between the two top escort businesses, but before the case is cracked, a shocking event threatens to destroy the life of one SVU squad member.

  • Wed., May 23: "Revenge"

    "Revenge" (10 p.m. ET on ABC) season finale With the end in sight, Emily fearlessly pushes forward, closing in on the final phases of her plan for revenge, while the Graysons continue their downward spiral into the rabbit hole of self-destruction. But a big, explosive event leaves much hanging in the balance, courses are altered and even more is left in question.

  • Thurs., May 24: "Duets"

    "Duets" (8 p.m. ET on ABC) series premiere ABC's entry into the crowded singing competition market sees the music industry's "biggest Superstars" --- Kelly Clarkson, John Legend, Jennifer Nettles and Robin Thicke -- take to the stage and perform their most popular songs with their hand-picked "Duets" partners. Hosted by Quddus, this competition series takes the Superstars out from behind the judges' panel and onto the stage.

  • Thurs., May 24: "So You Think You Can Dance"

    "So You Think You Can Dance" (8 p.m. ET on Fox) season premiere Watch what happens when the most talented dancers -- skilled in everything from Ballroom and Ballet to Salsa, Jive, Hip Hop and Krumping -- all compete for a prized spot on the live shows. See who impresses the judges and who trips up in the auditions from Dallas and New York.

  • Thurs., May 24: "Awake"

    "Awake" (10 p.m. ET on NBC) series finale See how it all ends (forever, because there's no justice in the world) in the cerebral drama's final episode. The entire police force is on a man hunt for Detective Britten who relentlessly works to bring down the conspirators who tore his family apart. Britten trusts no one and time is running out as he gets closer to the truth. Bird and Detective Vega decide to help their struggling partner. When Britten's worlds begin to clash, it brings together the dueling psychiatrists, Dr. Lee and Dr. Evans in an unlikely debate that forces him to choose his path. Meanwhile, Captain Harper (guest star Laura Innes) is forced to face her truth.

  • Thurs., May 24: "Men At Work"

    "Men at Work" (10 p.m. ET on TBS) series premiere Men at Work centers on four buddies who work together at a magazine; Danny Masterson plays the recently dumped Milo, whose friends are determined to help him get back in the dating game. James Lesure is Gibbs, a photographer and successful ladies man. Michael Cassidy plays Tyler, a features writer who brings a dose of style and sophistication to the group. And Adam Busch is Neal, a somewhat nebbish reporter and the only one in the group with a steady girlfriend (Meredith Hagner). Together, the four friends help each other navigate the treacherous waters of work, friendship and women.

  • Thurs., May 24: "Rookie Blue"

    "Rookie Blue" (10 p.m. ET on ABC) season premiere Andy's real life comes flooding back when she returns to 15 Division after a three-month suspension, ready to face an official tribunal that will decide if she should be reinstated to active duty. Reuniting with her police family, she also meets her possible replacement -- new rookie Nick Collins. A tense face-off with fellow officer Sam Swarek is interrupted when they are involved in a multi-car collision, caused by a very drunk driver, Henry McLeod (William Shatner), with a serious grudge against the police. When a mysterious young girl vanishes from the scene of the accident, Andy connects her to a seven-year-old cold case. Will Andy -- still on suspension -- and the rest of the Division be able to find the missing girl and uncover the circumstances of her disappearance before it's too late?

  • Fri., May 25: "Nikita"

    "Nikita" (8 p.m. ET on The CW) Now that this underrated action drama has been renewed for a much-deserved third season, it's the perfect time to jump on the bandwagon and catch up over the summer, as The CW starts reairing the second season from tonight. (Season 1 is available on Netflix, iTunes and Hulu Plus for you completists in the crowd.)

  • Fri., May 25: "Insane Or Inspired?"

    "Insane or Inspired?" (10 p.m. ET on Syfy) series premiere This new series features the most exciting videos from the Internet that celebrate the world of imagination, invention, and extreme experiences. Actors Amber Benson, Samm Levine, Brooke Hogan, Ralph Garman and television personality Josh Gates join comedians Ben Gleib, Owen Benjamin, Jodi Miller, Elliot Chang, Jermaine Fowler, Adam Ray, Christiana Pazistky, KT Tatara and Janet Varney to provide their unique commentary on each of the clips. The result is a fast-paced hour-long countdown of hilarious viral videos. The first episode features the "25 Wildest Homebrewed Superheroes."

  • Sat., May 26: "Super Shark"

    "Super Shark" (9 p.m. ET on Syfy) original telefilm Per the network: Syfy will kick off Summer 2012 with a four-day, Memorial Day weekend movie extravaganza highlighted by the dyn-o-mite premiere of "Super Shark," starring classic TV stars Jimmy Walker and John Schneider. (Poor things.)

  • Sun., May 27: "Harry's Law"

    "Harry's Law" (8 p.m. ET on NBC) series finale Just to add insult to injury http://www.huffingtonpost.com/2012/05/11/harrys-law-canceled-kathy-bates_n_1510785.html, NBC bumped last week's series finale out of May sweeps in favor of an "America's Got Talent" rerun, so the show actually comes to a close tonight. When Harry's ex is found dead, she's left with an emotional burden -- and a funeral to plan.

  • Sun., May 27: "Game Of Thrones"

    "Game of Thrones" (9 p.m. ET on HBO) Only one episode left until the season finale -- commence preemptive weeping now. Tyrion and the Lannisters fight for their lives as Stannis' fleet assaults King's Landing.

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    'Boiling point': On Lebanon's Syria Street, a civil war brews

    Syria's chaos has come over the border into Lebanon, with gunmen clashing in deadly street battles. NBC's John Ray reports.

    By John Ray, NBC News

    TRIPOLI, Lebanon ? It only takes a two-minute stroll down Syria Street to see why so many people are so worried about what might happen next in Lebanon.

    A hole punched through the wall of the mosque by a rocket or mortar shell, smoke-blackened masonry, shops and apartments bearing the pockmarks of fierce gun battles.


    Syria Street is the aptly named thoroughfare that separates rival factions in Lebanon?s second city.

    For much of the past week, the two sides have been waging a mini-civil war.

    It is a direct spill over from the chaos in neighboring Syria.

    Photos: Violence on the streets of Tripoli

    One side of the street is home to a hard-line Sunni Muslim militia who run guns to rebels across the border.

    ?President Assad is trying to destroy us,? says Sheik Bilal Masri, by way of explanation. ?They cause trouble here to take the pressure of them in Damascus.?

    Since the Syrian crisis broke out, the price of weapons has exploded in neighboring Lebanon. ITN's John Ray meets the rebels buying the weapons and the dealers selling them.

    We meet a small group of his men. They are well-armed and apparently spoiling for a fight.

    Not many yards away, posters of Syria?s President Bashar Assad striking stern military poses adorn walls on the other side of the street.

    Here the people share Assad?s Alawite faith and, it seems, the same determination to defend his regime.

    Omar Ibrahim / Reuters

    A man hides behind sandbags amid clashes in the Bab al-Tebbaneh neighborhood in Tripoli, Lebanon, on Thursday.

    ?No one wants a civil war in Lebanon,? a local Alawite leader tells me. ??But everyone should be warned: There will be repercussion for anyone who tries to meddle in Syria.?

    Conflict along Syria Street is nothing new. But the outside world began to take notice on Monday when for the first time in four years, gun battles broke out on the streets of Lebanon?s capital, Beirut.

    It was a brief glimpse back into the abyss for a nation scarred by years of civil strife.

    Inside Syria rebel stronghold: 'The city is on mute'?

    In 2005, Syrian troops were forced to withdrawal from Lebanon, but Damascus is still a big player in the fractured politics of a country that sees rival Muslim and Christian sects share power in a set of uneasy alliances.

    Syria?s most powerful friend here is Hezbollah, the militant Shiite group that probably holds the key to whether Lebanon survives in one piece.

    Its heartland in the south of Beirut has been tense, but so far its leader, Hassan Nasrallah, has kept his forces out of the fray.

    But for how long?

    The fatal shooting of two Sunni clerics followed by the kidnapping of Lebanese Shiite pilgrims in Syria shows how unpredictable events have become.

    A message to Assad? War games held near border

    For more than two decades, Timur Goksel has watched events in Lebanon. Once of the U.N. Mission here, he now lectures at the American University in Beirut.

    He tells me the country has rarely felt so dangerous.

    ?I hope I am wrong because this is scary. If the faction leaders lose control of these young guys with the guns then we?re in trouble,? he said.

    Their bloody history has taught the Lebanese to be a fatalistic people.

    ?The country is at boiling point,? another seasoned observer told me with a shrug. ??What is coming will be very bad.?

    NBC's Ayman Mohyeldin reports from war-torn Homs showing how parts of the city have been ravaged by fighting while others spared.

    ?

    More world news from msnbc.com and NBC News:

    Follow us on Twitter: @msnbc_world

    ?

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    Wednesday, May 23, 2012

    Bayer, Onyx cancer drug fails in late-stage study

    [ [ [['A picture is worth a thousand words', 5]], 'http://news.yahoo.com/why-facebook-bought-instagram-4-theories-160400376.html', '[Related: Why Facebook bought Instagram: 4 theories]', ' ', '630', ' ', ' ', ], [ [['He was in shock and still strapped to his seat', 9]], 'http://contributor.yahoo.com/join/yahoonews_virginiabeach', '[Did you witness the jet crash? Share your story with Yahoo! News]', ' ', '630', ' ', ' ', ], [ [['A JetBlue flight from New York to Las Vegas', 3]], 'http://yhoo.it/GV9zpj', '[Related: View photos of the JetBlue plane in Amarillo]', ' ', '630', ' ', ' ', ], [ [['Dick Clark', 11]], 'http://news.yahoo.com/photos/dick-clark-dies-at-82-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/c/21/c217c61aa2d5872244c08caa13c16ec5.jpeg', '500', ' ', 'Reuters', ], [ [['the 28-year-old neighborhood watchman who shot and killed', 15]], 'http://news.yahoo.com/photos/white-house-stays-out-of-teen-s-killing-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120411/martinzimmermen.jpg', '630', ' ', 'AP', ], [ [['Titanic', 7]], 'http://news.yahoo.com/titanic-anniversary/', ' ', 'http://l.yimg.com/a/p/us/news/editorial/b/4e/b4e5ad9f00b5dfeeec2226d53e173569.jpeg', '550', ' ', ' ', ], [ [['He was in shock and still strapped to his seat', 6]], 'http://news.yahoo.com/photos/navy-jet-crashes-in-virginia-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120406/jet_ap.jpg', '630', ' ', 'AP', ], [ [['xxxxxxxxxxxx', 11]], 'http://news.yahoo.com/photos/russian-grannies-win-bid-to-sing-at-eurovision-1331223625-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/1/56/156d92f2760dcd3e75bcd649a8b85fcf.jpeg', '500', ' ', 'AP', ] ]

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    Saturday, May 5, 2012

    3 Simple Lessons about Branded Content | Business 2 Community

    As content marketing continues to dominate inbound marketing channels, branding has become a crucial component in helping quality content to stand out from the crowd.

    Branding isn?t a recent phenomenon, and despite pop culture hype, it also pre-dates the Golden Age of advertising?a la?Mad Men (circa 1960s). The Michelin tire company was one of the first to leverage branded content in 1900, when it released a restaurant and hotel guide for travelers. Nearly 50 years later, Pan American Airlines unveiled the world?s first in-flight magazine.

    But this was a different age. Although the principles of sound marketing and good business haven?t changed much (at their core), we live in a digital world where branding is no longer static. On a stage that is more populated by consumers than brand managers, brands are dynamic, palpable, and accessible 24 hours a day, 7 days a week.

    This puts most brand touchpoints outside the silo they once existed in. As information is more readily available, more pressure is placed on advertisers and marketers to produce creative means of conveying a consumption-based message without ?interrupting? the experience of the intended consumer.

    To bring this history lesson full-circle, this is accomplished most successfully byproviding quality, branded content through multiple channels.

    Social media and the age of sharing have changed the game. The modern day consumer is engaged; she has open lines of communication on all sides, talks with friends in Wisconsin, shares with co-workers, and engages multinational brands at the same time.

    Brands can make the most of these opportunities to seamlessly become part of a consumer?s natural conversation by abiding by some simple, but key principles.

    First, listen. The digital age provides unparalleled opportunity for marketing research. Before a brand even creates content, the decision makers need to have a fixed understanding of what people are discussing in the related markets, where they?re talking about those topics, and what factors can influence those consumers.

    Second, target. You might hit some clay pigeons with a shotgun spray, but only precise and targeted shots will bring in the big game. It?s not enough to target consumers any more, however; brands need to focus on appealing to influencers. With the advent of digital influence measurement tools such as PeerIndex and Klout, this is a simple task.

    Las Vegas hotels have been known to quietly check the Klout score of guests and offer free upgrades or amenities to those with a powerful score; those pleasantly surprised guests, in turn, share their positive experiences with their networks, over whom they wield powerful influence, and the hotels reap the rewards of the positive brand advocacy. Whether it?s reaching out to influential bloggers or giving perks to influential consumers, make sure you?re talking to an audience that will talk about you.

    Third, understand the importance of tone. It?s no longer enough to be ?clear? in your communications. Clarity isn?t what will make you stand out from the competition. In our new age, we?re inundated with messages, content, and distractions. We experience information overload on almost every topic.

    However, we have become more refined at parsing through these messages and uncovering those that provide us with the most utility and that come through the noise of our chit-chatty landscape. To connect with your target audience and influencers, your content must clearly convey the essence of your brand, and it must demonstrate the fulfilling of a need.

    So, conduct this short exercise: pick out a piece of content before you post it, read it over thoroughly, and ask yourself if it fulfills a?need?that your target audience has. Does it provide them with entertainment? Valuable information? The opportunity to win an all expenses paid trip for 2 to Cancun? Whatever your value-added proposition is, make it clear that?your content is solving a problem?for the consumer, even if that problem is boredom.

    Originally published at Searchcore?and re-posted by the author with full permission.

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    9/11 'mastermind' back before Guantanamo judge

    At left a March 1, 2003 photo obtained by the Associated Press shows Khalid Sheikh Mohammed, the alleged Sept. 11 mastermind, shortly after his capture during a raid in Pakistan. At right, a photo downloaded from the Arabic language Internet site www.muslm.net and purporting to show a man identified by the Internet site as Khalid Sheik Mohammed, the accused mastermind of the Sep. 11 attacks, is seen in detention at Guantanamo Bay, Cuba. The picture was allegedly taken in July 2009 by the International Committee of the Red Cross (ICRC) and released only to the detainee's family under a new policy allowing the ICRC to photograph Guantanamo inmates, ICRC spokesman Bernard Barrett said Wednesday, Sept. 9, 2009. Five men accused of orchestrating the Sept. 11 attacks, including the self-proclaimed mastermind, are headed back to a military tribunal at Guantanamo Bay more than three years after President Barack Obama put the case on hold in a failed effort to move the proceedings to a civilian court and close the prison at the U.S. base in Cuba. (AP Photo/www.muslm.net)

    At left a March 1, 2003 photo obtained by the Associated Press shows Khalid Sheikh Mohammed, the alleged Sept. 11 mastermind, shortly after his capture during a raid in Pakistan. At right, a photo downloaded from the Arabic language Internet site www.muslm.net and purporting to show a man identified by the Internet site as Khalid Sheik Mohammed, the accused mastermind of the Sep. 11 attacks, is seen in detention at Guantanamo Bay, Cuba. The picture was allegedly taken in July 2009 by the International Committee of the Red Cross (ICRC) and released only to the detainee's family under a new policy allowing the ICRC to photograph Guantanamo inmates, ICRC spokesman Bernard Barrett said Wednesday, Sept. 9, 2009. Five men accused of orchestrating the Sept. 11 attacks, including the self-proclaimed mastermind, are headed back to a military tribunal at Guantanamo Bay more than three years after President Barack Obama put the case on hold in a failed effort to move the proceedings to a civilian court and close the prison at the U.S. base in Cuba. (AP Photo/www.muslm.net)

    FILE - In this May 13, 2009 file photo reviewed by the U.S. military, the sun rises over the Guantanamo detention facility at dawn, at the Guantanamo Bay U.S. Naval Base, Cuba. In a speech Thursday, President Barack Obama defended his plans to close the Guantanamo prison camp. Five men accused of orchestrating the Sept. 11 attacks, including the self-proclaimed mastermind, are headed back to a military tribunal at Guantanamo Bay more than three years after President Barack Obama put the case on hold in a failed effort to move the proceedings to a civilian court and close the prison at the U.S. base in Cuba. (AP Photo/Brennan Linsley, file)

    Retired firefighter Jim Riches poses for a picture near his home in New York, Thursday, May 3, 2012. Riches, whose son was killed during the 2001 terrorist attacks on the World Trade center, will be among those to watch the arraignment of Khalid Sheikh Mohammed. The arraignment of the self-proclaimed mastermind of the Sept. 11 terror attacks and four other Guantanamo Bay prisoners will be broadcast to only six sites at four military bases in the U.S. Northeast, a Pentagon spokesman said Monday. (AP Photo/Seth Wenig)

    Pool media move to a courtroom to witness the arraignment of self-proclaimed Sept. 11 mastermind Khalid Sheikh Mohammed, and four co-defendants, Saturday, May 5, 2012, at Guantanamo Bay, Cuba. (AP Photo/The Miami Herald, Walter Michot, Pool)

    (AP) ? The self-proclaimed mastermind of the Sept. 11 attacks and four accused co-conspirators appeared in public for the first time in more than three years Saturday, when U.S. officials started a second attempt at what is likely to be a drawn out legal battle that could lead to the men's executions.

    Khalid Sheikh Mohammed and his co-defendants were being arraigned at a military tribunal at Guantanamo Bay on charges that include that include 2,976 counts of murder for the worst terrorist attack on U.S. soil.

    The hearing quickly bogged down before they could be arraigned. One prisoner, Walid bin Attash was put in a restraint chair for unspecified reasons, lawyers for all defendants complained that the prisoners were prevented from wearing the civilian clothes of their choice and Mohammed refused to respond to questions.

    Mohammed's civilian lawyer, David Nevin, said he believed Mohammed was not responding because he believes the tribunal is unfair. The judge, Army Col. James Pohl, warned that he would not permit defendants to block the hearing and would continue without his participation.

    "One cannot choose not to participate and frustrate the normal course of business," Pohl said.

    In the past, during the failed first effort to prosecute them at the U.S. base in Cuba, Mohammed has mocked the tribunal and said he and his co-defendants would plead guilty and welcome execution. But there were signs that at least some of the defense teams were preparing for a lengthy fight, planning challenges of the military tribunals and the secrecy that shrouds the case.

    The arraignment is "only the beginning of a trial that will take years to complete, followed by years of appellate review," attorney James Connell, who represents defendant Ali Abd al-Aziz Ali, told reporters gathered at the base to observe the hearing.

    "I can't imagine any scenario where this thing gets wrapped up in six months," Connell said.

    Defendants in what is known as a military commission typically do not enter a plea during their arraignment. Instead, the judge reads the charges, makes sure the accused understand their rights and then moves on to procedural issues. Lawyers for the men said they were prohibited by secrecy rules from disclosing the intentions of their clients.

    Jim Harrington, a civilian attorney for Ramzi Binalshibh, a Yemeni prisoner who has said at one hearing that he was proud of the Sept. 11 attacks, said he did not think that any of the defendants would plead guilty, notwithstanding their earlier statements.

    Army Capt. Jason Wright, one of Mohammed's Pentagon-appointed lawyers, declined to comment on the case.

    As in previous hearings, a handful of people who lost family members in the attacks were selected by lottery to travel to the base to watch the proceedings. Other family members were gathering at military bases in New York and across the East Coast to watch the proceedings live on closed-circuit video.

    Family members at Guantanamo said they were grateful for the chance to see a case they believe has been delayed too long.

    Cliff Russell, whose firefighter brother Stephen died responding to the World Trade Center, said he hoped the case would end with the death penalty for the five Guantanamo Prisoners.

    "I'm not looking forward to ending someone else's life and taking satisfaction in it, but it's the most disgusting, hateful, awful thing I ever could think of if you think about what was perpetrated," Russell said.

    Suzanne Sisolak of Brooklyn, whose husband Joseph was killed in his office in the trade center's north tower, said she is not concerned about the ultimate outcome as long as the case moves forward and the five prisoners do not go free.

    "They can put them in prison for life. They can execute them," Sisolak said. "What I do care about is that this does not happen again. They need to be stopped. That's what I care about because nobody deserves to have this happen to them."

    The arraignment for the five comes more than three years after President Barack Obama's failed effort to try the suspects in a federal civilian court and close the prison at the U.S. base in Cuba.

    Attorney General Eric Holder announced in 2009 that Mohammed and his co-defendants would be tried blocks from the site of the destroyed trade center in downtown Manhattan, but the plan was shelved after New York officials cited huge costs to secure the neighborhood and family opposition to trying the suspects in the U.S.

    Congress then blocked the transfer of any prisoners from Guantanamo to the U.S., forcing the Obama administration to refile the charges under a reformed military commission system.

    New rules adopted by Congress and Obama forbid the use of testimony obtained through cruel treatment or torture. Gen. Mark Martins, the chief prosecutor, said the commission provides many of the same protections that defendants would get in civilian court. "I'm confident that this court can achieve justice and fairness," he said.

    But human rights groups and the defense lawyers say the reforms have not gone far enough and that restrictions on legal mail and the overall secret nature of Guantanamo and the commissions makes it impossible to provide an adequate defense.

    They argue that the U.S. has sought to keep the case in the military commission to prevent disclosure of the harsh treatment of prisoners such as Mohammed, who was waterboarded 183 times and subjected to other measures that some have called torture.

    Mohammed, a Pakistani citizen who grew up in Kuwait and attended college in Greensboro, North Carolina, has admitted to military authorities that he was responsible for the Sept. 11 attacks "from A to Z," as well as about 30 other plots, and that he personally killed Wall Street Journal reporter Daniel Pearl. Mohammed was captured in 2003 in Pakistan.

    His four co-defendants include Binalshibh, a Yemeni, who was allegedly chosen to be a hijacker but couldn't get a U.S. visa and ended up providing assistance such as finding flight schools; bin Attash, also from Yemen, who allegedly ran an al-Qaida training camp in Afghanistan and researched flight simulators and timetables; Mustafa Ahmad al-Hawsawi, a Saudi accused of helping the hijackers with money, Western clothing, traveler's checks and credit cards; and al-Aziz Ali, a Pakistani national and nephew of Mohammed, who allegedly provided money to the hijackers.

    Associated Press

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    MTV Will Try To Break Guinness Record For Most Live Concerts With O Music Awards

    o_music_awards_logo_largeYou've probably heard the complaint that MTV has forgotten its music video roots and spends too much time on reality television. Heck, you may have said something similar yourself. Well, for its third O Music Awards (an "event that celebrates and honors the artists, fans and innovators impacting digital music culture"), MTV combining elements of both ? it's an awards show, a concert (actually multiple concerts), and a reality TV show about a band hitting the road. The previous O Music Awards were held Las Vegas West Hollywood, but this time the show is actually going to be on the road. A yet-to-be-named band will be touring the Mississippi Delta, birthplace of rock, and stop in eight different cities, with the award presentations interspersed. One of the goals is to set a new Guinness World Record for Most Live Concerts in 24 Hours (Multiple Cities) ? apparently setting new records is something MTV tries with every show, but this time it's really baked into the basic concept. And naturally, all of this will be livestreamed.

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    Feds Seized Hip-Hop Site for a Year, Waiting for Proof of Infringement [Piracy]

    Federal authorities who seized a popular hip-hop music site based on assertions from the Recording Industry Association of America that it was linking to four "pre-release" music tracks gave it back more than a year later without filing civil or criminal charges because of apparent recording industry delays in confirming infringement, according to court records obtained by Wired. More »


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    Roadside politics: Power visits from Obama, Romney big draw for local restaurants, businesses (Star Tribune)

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    Thursday, May 3, 2012

    Olympus TG-1 iHS Tough leaks out at Best Buy, brings OLED to the rugged camera party

    Image

    Looks like Olympus won't be waiting long to follow up on its 2012 Tough camera updates: Best Buy accidentally posted details of the TG-1 iHS Tough. Although it's since been taken down, the store listing showed that Olympus will be bringing a 3-inch, 610,000-pixel OLED display to the mix, making a preview of your scuba diving photos that much prettier. It shares the 12.3-megapixel CMOS sensor and 1080p movie making of the TG-820 iHS, with waterproofing now good for up to 40 feet. Olympus is, however, making a trade-off, where photogs get a shorter 4X optical zoom in return for a much wider f/2.0 aperture that will get those fish in focus. There's no word on when the TG-1 will ship, but Best Buy was showing a $400 price tag before the store took down its inadvertent sneak peek.

    Olympus TG-1 iHS Tough leaks out at Best Buy, brings OLED to the rugged camera party originally appeared on Engadget on Wed, 02 May 2012 05:16:00 EDT. Please see our terms for use of feeds.

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