Saturday, June 20, 2009

The Cooler



Here are some of the highlights from this morning's mainstream media outlets.

A- Herald: Bernie Kosar is broke.
Former gridiron great Bernie Kosar, dogged by financial and legal problems, filed for bankruptcy protection Friday.

Kosar, 45, the former Miami Hurricanes and NFL quarterback, filed for Chapter 11, which is generally used by companies to reorganize but also by individuals with large debts.

The petition, filed in U.S. Bankruptcy Court in Fort Lauderdale, indicated Kosar has assets estimated between $1 million and $10 million and liabilities of between $10 million and $50 million.

[...]

Kosar's lawyer, Michael J. Kasen of the Frank, White-Boyd firm in Palm Beach Gardens, blamed the bankruptcy filing on the recession and the collapse of the real estate market.
B- Herald: Back to the beginning for Virginia Key plans.
Miami Mayor Manny Diaz has pulled the plug -- for now -- on his badly listing proposal for a makeover of ecologically battered Virginia Key, which drew punishing reviews from residents and city advisory boards in two recent hearings.

[...]

Critics, however, say the intensity of contemplated commercial and recreational development would overwhelm the green elements in the plan and imperil efforts already underway to restore the 1,000-acre islands' rich but degraded ecosystem, which includes bird and turtle nesting, manatee breeding areas, mangroves and a coastal hardwood hammock.

The main areas of contention are a contemplated retail village, aquatic center and expanded marina by the shuttered Marine Stadium, a large athletic complex that would top the landfill and as many as 11 parking garages surrounding those. An expanded marina in the plan, critics say, would jut into the basin and impede training and regatta courses.
C- Herald: 1 in 10 people.
Florida's unemployment rate broke a psychological barrier in May, entering double digits for the first time in 34 years.

Although Florida's economy could start to grow again early next year, experts say unemployment could stay near current levels for up to two years. Employers typically remain cautious about adding workers until they are sure things are really better.

At 10.2 percent, the state's May jobless rate was up from April's revised 9.7 percent, and was higher than the national rate of 9.4 percent.

In Miami-Dade, the rate jumped from 8.2 percent in April to 9.8 percent in May.
D- Sun-Sentinel: Even in bad times, South Floridians have their priorities.
PLANTATION - Joy Miciotta's 4-year-old daughter was still in her pink pajamas as she waited for two hours with her mom and older sister to get into an AT&T store early this morning.

The family was among about two dozen people who started lining up at 7 a.m. at the store on West Sunrise Boulevard, hoping to get their hands on Apple's new iPhone 3G S. The store opened at 9 a.m., although customers who pre-ordered phones were allowed in at 7.

Similar scenes were repeated throughout South Florida, although with smaller lines and less buzz than greeted previous models.

"I literally just picked her up out of bed, put her in the car and told her she could keep sleeping," said Miciotta, of Plantation, emphasizing that she doesn't normally do this to 4-year-old Jordan.

[...]

Ashlie Morrisseau, of Sunrise, was in the store to pick up her sixth iPhone. She says she likes them so much, she has spent $2,400 on the phones so far, but she keeps losing them.
E- Sun-Sentinel: Chan Lowe.

F
- CBS4: Video, Miami Beach police officer shoots two people in one week.

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