May be you have encountered and seen all the hype, excitement, anger, dismay, joy, hatred, criticism, optimism and other emotions that have surrounded the signing of Miami Heat’s star LeBron James for the NBA season 2010-2011. Was it a personal decision a business decision or mixture of both? Here I will tell you about the great story behind it and few lessons that can be learnt by all businessmen.

The basketball star was approached by many top franchises. It also included Cleveland Cavaliers, his home team, who wanted him desperately. Others were New Jersey Nets, New York Knicks, Miami and Chicago Bulls. Whether it is sports or business, excellent talent is always in demand. Let me remind you here that professional sports like the basketball and football is a huge business for people. And so the recruitment of the players was breaking news. This interested the public to fulfill their interests not for days but for weeks in advance before the decision was carried out. A commercial was set up by the Radio City Music Hall Rockets that was sung by the politicians. Analysis by the financial analysts strongly asserted that he could be the first billionaire athlete if he signed the contract with them.

This announcement was actually an event. You can imagine the pressure that was incredible. ESPN started a show completely on LeBron. This could make things better or worse. In this show, LeBron could explain his decision to everyone on national TV. CNN provided the coverage also apart from other networks. Stakes are high and the stakeholders are in number, coverage is public and interests are large, so the emotion ran greater.

What was with ESPN? It actually needed visibility and to trade the ad time. LeBron stated that he did not require money and he said that he will donate the amount. ESPN is urging to increase their profile and the best way they can do it is by satisfying the great interest of the public. As a matter of fact there are more than 10 million viewers who see it. That includes me.

After the announcement, many individuals became disappointed. There was a fast reaction and it was powerful though. Owner of the Cavaliers, Dan Gilbert, gave a message very openly, disparaging and berating, LeBron with his decision, called him callous and heartless. Many unprofessional comments were made too.

What is Miami Heat: Team in Business is a post from: Universal Ramblings

Crowley also earned the prestigious Gracie Allen Award in year 2009 for her coverage of Hillary Clinton’s bid for the White House. Candy Crowley covered the presidential campaigns of Pat Buchanan, George H.W. Bush, George W. Bush, Bill Clinton, Howard Dean, Bob Dole, Jesse Jackson, Edward Kennedy, John Kerry, Barack Obama, Ronald Reagan and Paul Tsonga.  Candy Crowley was also granted an exclusive interview with the President George W Bush some days before he left the office.

She started her career in broadcast journalism in Washington, D.C. as a newsroom assistant for the WASH, a macromedia radio station. She did service as an anchor for the Mutual Broadcasting and also as a White house correspondent for the Associated Press. Here Candy Crowley covered most of the Reagan era before becoming a general assignment correspondent in NBC’s Washington Bureau.

She was honored with the Joan Shorenstein Barone Award for her excellence in journalism in 2005 for her reporting on the 2004 presidential elections. In 2004 she also won the Gracie Allen Award for “War Stories” in the news story-series category. And a National Headliner and a Cine award for “Fit to kill”. Crowley is a vegetarian and she disclosed it in the episode of the “The Situation Room” on the 25 November, 2005. She is known to be an off-camera friend with the CNN anchor Anderson Cooper. In 1987 she moved from NBC to CNN. And now it has announced that she would replace John King as the anchor of Sunday morning political talk show.

Who is Candy Crowley? is a post from: Universal Ramblings

The 54-year-old judge is of Puerto Rican descent. If confirmed, she would become the first Hispanic to serve on the high court. She would also be the third female named to the Supreme Court, and the second on the current court.

Sotomayor is a judge on the 2nd U.S. Circuit Court of Appeals. She was named a district judge by President George H.W. Bush in 1992 and was elevated to her current seat by President Bill Clinton.

Supporters say that appointment history, along with what they describe as her moderate-liberal views, will give her some bipartisan backing in the Senate. They also point to her compelling story and personal appeal. The liberal-leaning justice rose from humble beginnings at a housing project in the South Bronx and went on to attend Princeton University and Yale Law School.

Conservatives argue Sotomayor has a “hard-left record” and believes that judges should consider experiences of women and people of color in their decision-making. They also described her as a “bully” who “abuses lawyers.”

Sotomayor was confirmed by the Senate to her current seat in 1998, a process that took more than a year.

Here is a look at the resume and record of federal Judge Sonia Sotomayor, whom President Barack Obama has chosen as his nominee for the U.S. Supreme Court.

Judge Sonia Sotomayor is President Obama’s pick to replace Justice David Souter on the U.S. Supreme Court.

• Age 54 (Born June 25, 1954, New York City)

Judicial Career

• U.S. Appeals Court judge, 2nd Circuit, 1998-present

• U.S. District Court judge, 1992-1998

• Nominated to federal bench by Bush in 1991, Clinton in 1997

Government/Legal Career

• Former N.Y. County Assistant District Attorney, 1979-1984

• Former private practice attorney, Pavia & Harcourt, New York, 1984-1992

Politics

• Confirmed by Senate 67-29 in 1998

• Confirmation to current seat took over 1 year

• Was opposed by majority of GOP senators

• Was unopposed in 1991 confirmation process

Cases Reviewed by the Supreme Court

• Ricci v. DeStefano 530 F.3d 87 (2008) — decision pending as of 5/26/2009

• Riverkeeper, Inc. vs. EPA, 475 F.3d 83 (2007) — reversed 6-3 (Dissenting: Stevens, Souter, Ginsburg)

• Knight vs. Commissioner, 467 F.3d 149 (2006) — upheld, but reasoning was unanimously faulted

• Dabit vs. Merrill Lynch, 395 F.3d 25 (2005) — reversed 8-0

• Empire Healthchoice Assurance, Inc. vs. McVeigh, 396 F.3d 136 (2005) — reversed 5-4 (Dissenting: Breyer, Kennedy, Souter, Alito)

• Malesko v. Correctional Services Corp., 299 F.3d 374 (2000) — reversed 5-4 (Dissenting: Stevens, Souter, Ginsburg, Breyer)

• Tasini vs. New York Times, et al, 972 F. Supp. 804 (1997) — reversed 7-2 (Dissenting: Stevens, Breyer)

• Affirmative Action (New Haven firefighter case): Sotomayor was part of a three-judge panel that ruled in February 2008 to uphold a lower court decision supporting the City of New Haven’s decision to throw out the results of an exam to determine promotions within the city’s fire department. Only one Hispanic and no African-American firefighters qualified for promotion based on the exam; the City subsequently decided not to certify the results and issued no promotions. In June 2008, Sotomayor was part of a 7-6 majority to deny a rehearing of the case by the full court. The Supreme Court agreed to review the case and heard oral arguments in April 2009. Ricci v. DeStefano 530 F.3d 87 (2008)

• Environment (Protection of fish at power plants): Sotomayor, writing for a three-judge panel, ruled that the Environmental Protection Agency may not engage in a cost-benefit analysis in implementing a rule that the “best technology available” must be used to limit the environmental impact of power plants on nearby aquatic life. The case involved power plants that draw water from lakes and rivers for cooling purposes, killing various fish and aquatic organisms in the process. Sotomayor ruled that the “best technology” regulation did not allow the EPA to weigh the cost of implementing the technology against the overall environmental benefit when issuing its rules. The Supreme Court reversed Sotomayor’s ruling in a 6-3 decision, saying that Sotomayor’s interpretation of the “best technology” rule was too narrow. Justices Stevens, Souter, and Ginsburg dissented, siding with Sotomayor’s position. Riverkeeper, Inc. vs. EPA, 475 F.3d 83 (2007)

• Taxes (Deductability of trust fees): In 2006, Sotomayor upheld a lower tax court ruling that certain types of fees paid by a trust are only partly tax deductable. The Supreme Court upheld Sotomayor’s decision but unanimously rejected the reasoning she adopted, saying that her approach “flies in the face of the statutory language.” Knight vs. Commissioner, 467 F.3d 149 (2006)

• Finance (Rights of investors to sue firms in state court): In a 2005 ruling, Sotomayor overturned a lower court decision and allowed investors to bring certain types of fraud lawsuits against investment firms in state court rather than in federal court. The lower court had agreed with the defendant Merrill Lynch’s argument that the suits were invalid because the Securities Litigation Uniform Standards Act of 1998 required that such suits be brought only in federal court. The Supreme Court unanimously overturned Sotomayor’s ruling in an 8-0 decision, saying that the federal interest in overseeing securities market cases prevails, and that doing otherwise could give rise to “wasteful, duplicative litigation.” Dabit vs. Merrill Lynch, 395 F.3d 25 (2005)

• Health Insurance (Reimbursement of insurance benefits): In 2005, Sotomayor ruled against a health insurance company that sued the estate of a deceased federal employee who received $157,000 in insurance benefits as the result of an injury. The wife of the federal employee had won $3.2 million in a separate lawsuit from those whom she claimed caused her husband’s injuries. The health insurance company sued for reimbursement of the benefits paid to the federal employee, saying that a provision in the federal insurance plan requires paid benefits to be reimbursed when the beneficiary is compensated for an injury by a third party. The Supreme Court upheld Sotomayor’s ruling in a 5-4 opinion. Justices Breyer, Kennedy, Souter, and Alito dissented. Empire Healthchoice Assurance, Inc. vs. McVeigh, 396 F.3d 136 (2005)

• Civil Rights (Right to sue federal government and its agents): Sotomayor, writing for the court in 2000, supported the right of an individual to sue a private corporation working on behalf of the federal government for alleged violations of that individual’s constitutional rights. Reversing a lower court decision, Sotomayor found that an existing law, known as “Bivens,” which allows suits against individuals working for the federal government for constitutional rights violations, could be applied to the case of a former prisoner seeking to sue the private company operating the federal halfway house facility in which he resided. The Supreme Court reversed Sotomayor’s ruling in a 5-4 decision, saying that the Bivens law could not be expanded to cover private entities working on behalf of the federal government. Justices Stevens, Souter, Ginsburg, and Breyer dissented, siding with Sotomayor’s original ruling. Malesko v. Correctional Services Corp., 299 F.3d 374 (2000)

• Intellectual Property (Distribution of freelance material): As a district court judge in 1997, Sotomayor heard a case brought by a group of freelance journalists who asserted that various news organizations, including the New York Times, violated copyright laws by reproducing the freelancers’ work on electronic databases and archives such as “Lexis/Nexis” without first obtaining their permission. Sotomayor ruled against the freelancers and said that publishers were within their rights as outlined by the 1976 Copyright Act. The appellate court reversed Sotomayor’s decision, siding with the freelancers, and the Supreme Court upheld the appellate decision (therefore rejecting Sotomayor’s original ruling). Justices Stevens and Breyer dissented, taking Sotomayor’s position. Tasini vs. New York Times, et al, 972 F. Supp. 804 (1997)

Other Notable Cases

• Abortion (Mexico City policy): Sotomayor ruled against an abortion rights group in its challenge to the so-called “Mexico City Policy,” which states that nations that receive U.S. funds may neither perform nor promote abortions. The abortion rights advocates alleged that the policy violated their First Amendment, due process, and equal protection rights. Sotomayor upheld a lower court ruling dismissing the case, saying that the group’s First Amendment rights had not been violated and that it had not been denied due process. On the equal protection claim, Sotomayor wrote, “The Supreme Court has made clear that the government is free to favor the anti-abortion position over the pro-choice position, and can do so with public funds.” Sotomayor did not address the underlying abortion issue. Center for Reproductive Law and Policy vs. Bush, 304 F.3d 183 (2002)

• Major League Baseball Strike: As a district court judge, Sotomayor issued an injunction against team owners for alleged violations of the National Labor Relations Act during collective bargaining negotiations with the MLB players association. The owners had sought to end the system of free agency and salary arbitration and imposed a lock-out against players as negotiations began to break down. The ruling ended the longest baseball strike in history. National Labor Relations Board vs. Major League Baseball, 880 F.

Source: CNN

Have you heard of Sonia Sotomayor ? is a post from: Universal Ramblings