Each Friday for PhillyVoice, Steve Maltepes, known as “The Philly Godfather,” will impart his gambling wisdom on the Eagles and where the smart money is going on various pro and college football games this weekend. Maltepes is one of the nation’s hottest sports betting experts who appears weekly on national radio and has his own website, thephillygodfather.com. Dallas Cowboys at Philadelphia Eagles, 8:20 p.m. Sunday Games 273 & 274 on the sports betting screen The Line: Eagles minus-7.5 | Total: 43 What is the line telling you: This game opened with oddsmakers and offshore citing the Eagles as a 6.5-point favorite. We immediately saw sharp money hit the screen and started to shape this line, which forced bookmakers to move this game to 7. You have to be careful, because this was a move by the wiseguys to manipulate the market and try and grab a better number on the Cowboys. There is a ton of public money all over the Eagles here, with 80-percent of the … [Read more...] about Sports betting with ‘The Philly Godfather’: Smart money says Eagles won’t cover and other Week 10 bets
Money
Exclusive: Kuwait asks Dubai to release funds frozen in money laundering probe
By Davide Barbuscia DUBAI (Reuters) - Kuwait's prosecutors have asked Dubai to release $500 million (£385.2 million) in funds belonging to a Kuwaiti private equity fund that were frozen as part of a money laundering investigation, according to a letter seen by Reuters. The funds, held at a Dubai-based bank, were frozen at the behest of the United Arab Emirates (UAE) central bank in November 2017, according to a source with direct knowledge of the matter and legal documents and correspondence between parties involved in the case reviewed by Reuters. According to a senior UAE official, the probe, which has not been previously reported, was undertaken by Dubai authorities to determine if funds sent from a bank in the Philippines to the Kuwaiti private equity fund's account in Dubai constituted money laundering. The probe comes as the UAE tightens financial regulations to fight a perception among some foreign investors that it is a hot spot for illicit money flows owing to its … [Read more...] about Exclusive: Kuwait asks Dubai to release funds frozen in money laundering probe
South African central bank fines HSBC for lax money laundering controls
(Reuters) - South Africa's central bank on Friday fined HSBC's <HSBA.L> local business 15 million rand (844,927 pounds) for weaknesses in its processes meant to detect money laundering and terrorism financing, and ordered the bank to fix the problems. The Prudential Authority (PA), which sits within the South African Reserve Bank (SARB) and monitors the country's lenders, said HSBC's South African branch had already taken the measures required to address the issues. "Certain weaknesses were identified in HSBC's processes which inhibited HSBC from proactively detecting potential money laundering and the financing of terrorism," the PA said in a statement. It added HSBC was not found to have facilitated any transactions involving money laundering or the financing of terrorism. In a statement, the bank said it accepted the sanctions applied by the PA, which followed an inspection in 2016. "We can confirm that the issues identified by SARB during the 2016 inspection have been … [Read more...] about South African central bank fines HSBC for lax money laundering controls
John Marty: Minnesota Health Plan would cover everyone, save money. And it is democratic
The recent commentary by John Spry (“Oppose Minnesota’s undemocratic single-payer health plan proposal,” Nov. 1) criticizing the proposed Minnesota Health Plan (MHP) contains inaccuracies and a severely distorted view of how the plan would work. The Minnesota Health Plan is a proposal to cover every Minnesotan for all their medical needs. It would be legally required to put medical decision-making in the hands of patients and their doctors. Spry falsely claims that the Minnesota Health Plan Board “would have control over life and death decisions.” While his statement is wrong about the MHP proposal, it does accurately describe the current health system, where insurance companies, employers, and government frequently overrule choices on life-and-death decisions that doctors and patients make. Today, decisions on which drugs are provided, which treatments are covered, and which medical providers can be seen, are determined by limited … [Read more...] about John Marty: Minnesota Health Plan would cover everyone, save money. And it is democratic
Qatar pays Gaza salaries to ease tensions; Israel says money’s not for Hamas
By Nidal al-Mughrabi GAZA (Reuters) - A $15 million Qatari cash infusion was paid out to impoverished Palestinian civil servants in Gaza on Friday, offering Hamas a potential domestic reprieve though Israel said the money would not go to the enclave's dominant Islamist group. Hamas's political rival based in the West Bank, Palestinian President Mahmoud Abbas, has slashed Gaza budgets, beggaring tens of thousands of government employees. That has helped stoke a half-year of bloody protests and occasional shelling exchanges across the border of Gaza, which Israel keeps under blockade. Palestinian sources said the Qatari payout, received on Thursday, was the first of a total of $90 million that would come into the Gaza Strip over the next six months with Israeli approval. Israel had previously agreed to the gas-rich Gulf Arab state donating money only for approved civilian construction projects or fuel in Gaza, worried that more fungible cash donations could reach Hamas, with whom Israel … [Read more...] about Qatar pays Gaza salaries to ease tensions; Israel says money’s not for Hamas