Shooter planned ‘to go out in grand style,’ investigator says

The man who killed 10 people, then himself, in a shooting rampage in southern Alabama had failed in his dreams both to become a U.S. Marine and a police officer, and was depressed and unhappy with his life, investigators said Thursday. Michael McLendon, 28, fatally shot his mother in his hometown of Kinston on Tuesday before driving to nearby Samson and Geneva, killing nine more, then fatally shooting himself after a shootout with police.

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Ex-president of Israel blasts legal ‘lynching’ after rape indictment

Former Israeli President Moshe Katsav on Thursday accused the country’s authorities of "lynching" him, four days after the attorney general said Katsav would be indicted for rape and sexual assault. “History will find in my favor,” he said in a news conference. “The legal onslaught on me was a hysterical eruption of hatred and malice and it included witness tampering, coaching and coercing, all to frame the president of Israel.” Attorney General Menachem Mazuz said Sunday he would indict Katsav on charges of rape and sexual assault of a number of his employees, plus obstruction of justice.

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CNBC Under Fire: Sticking Up for the Big Guy?

On the March 9 edition of CNBC’s Squawk Box, Becky Quick was interviewing Berkshire Hathaway CEO Warren Buffett when the Oracle of Omaha expressed support for the Obama Administration’s mortgage bailout. “Becky,” co-host Joe Kernen broke in, “tell Warren you’re mad that you’ve done all the right things and all these other people are going to get bailed out.” Buffett replied, “There’s nothing wrong with being mad, Joe.

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Sarkozy puts government on line over NATO

President Nicolas Sarkozy of France will put his government on the line over his decision to bring the country back into NATO’s integrated military command, more than 40 years after it walked out. French lawmakers will vote Tuesday on whether to support Sarkozy’s move, which he announced officially on Wednesday

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Germany’s Solution to Big Auto’s Woes: Scrap That Clunker!

Amid the gruesome headlines generated by the world’s auto industry these days, it almost read like a typo: new car registrations in Germany rose 21% year-on-year in February, the country’s Association of the Automotive Industry announced March 3. This, though, was no error. The 278,000 cars put on the road, crowed Matthias Wissmann, VDA’s president, amounted to “the highest level of sales in the month of February for ten years.” Why the splurge German drivers have latched onto a juicy new deal

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