World
Killing the Colorado: Picturing the Drought
Documenting the water crisis in the West, a photographer confronts distress, beauty and man’s complicity
 
“Killing the Colorado,” a joint reporting project by ProPublica and Matter, set out to tell the truth about the American West’s water crisis. As serious as the drought is, the investigation found that mismanagement of that region’s surprisingly ample supply has led to today’s emergency. Among the causes are the planting of the thirstiest crops; arcane and outdated water rights laws; the unchecked urban development in unsustainable desert environments; and the misplaced confidence in human ingenuity to engineer our way out of a crisis — with dams and canals, tunnels and pipelines.
 
Four photographers — Christaan Felber, Bryan Schutmaat, Jake Stangel and Michael Friberg — were enlisted by photo editors Luise Stauss and Ayanna Quint to document man’s mistakes and their consequences. Friberg, who has lived in the West for the last decade, thought he knew the issues facing the Colorado River. He soon discovered he was wrong. 
 
 
Courtesy: ProPublica
 

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Indian American gets six years jail for ponzi scheme
A US court has sentenced the former Indian American head of a Chicago investment firm to six years in prison for stealing more than $9 million in a ponzi scheme, a media report said Tuesday.
 
"I'm a rotten individual for what I did to (investors). I'm a rotten individual for what I did to my family," Neal Goyal told the US district court in Chicago last week, asking the judge to have mercy on his family.
 
But Judge Matthew Kennelly first scolded Goyal, 34, for trying to use his family as a shield for his own misdeeds at sentencing, Chicago Tribune reported.
 
"If you had given one thought - one thought - to your family during those eight years you would not be standing here now," Kennelly was quoted as saying.
 
"It's a little disingenuous to come up here and tell me not to hurt them. You're the person who put the hurt on them, not me."
 
Goyal's Goyal Caldera Investment Group was a ponzi scheme so brazen that for several years he did not even bother to place any trades, according to prosecutors.
 
Most of the money was stolen from family and friends in the tight-knit Hindu community where his parents, both physicians, had long been leaders, even founding a River North community centre, the Tribune said citing prosecutors.
 
During the eight-year scheme, prosecutors said Goyal spent more than $2 million on luxury car leases, fancy dinners and travel to Hawaii and Tahiti.
 
He, his wife and three children lived in a $1.5-million, five-bedroom Lakeview house overlooking a park.
 
Every morning, he drove a top-of-the-line black Mercedes-Benz to offices on Michigan Avenue with floor-to-ceiling views of the Chicago River and pretended to be a hedge fund manager, according to prosecutors and former employees.
 
Goyal spent $600,000 on his wife's two upscale baby goods boutiques, as well as a large cash infusion for Tommy Knuckles, his father-in-law's failed Lincoln Park tavern, the charges alleged.
 
He even gave employees a gold bar as a reward and rented out a bank vault for an employee Christmas party, prosecutors said.

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SC dismisses plea on Dawood Ibrahim
The Supreme Court on Wednesday dismissed a plea seeking a SIT probe into the claims that underworld don Dawood Ibrahim wanted to return to India and face the law but previous governments did not respond to the offer.
 
Petitioner Kishore Samrite had sought a retired Supreme Court judge to head the SIT.
 
Samrite in his petition told the court that Dawood Ibrahim had two to three times approached people, expressing his desire to come back and face the law, but the government did not act on his offer.
 
An apex court bench headed by Chief Justice H.L. Dattu while declining the plea said that it was not for the judiciary to look into it and the issue did not require judicial interference.
 
Seeking a probe into government's cold shouldering of Dawood Ibrahim's offer, the petitioner pointed out to the claims by the former Delhi police commissioner Neeraj Kumar and veteran jurist and Rajya Sabha member Ram Jethmalani, saying that Dawood Ibrahim wanted to return to India.

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