Still the pes

Still, the peso has rebounded about 16 percent from a16-year low hit in March, supported by hopes the U.S. recessionis finding a bottom and boosted by Mexico's decision to tapnearly $80 billion in international credit lines. Analysts are expecting the central bank to cut its keyinterest rate, now at 6 percent, by 75 basis points thisFriday, as the economy hurts from the recent flu outbreak andthe peso shows more stability. "These charges are the result of the investigative efforts of the FBI'sWashington Field Office, with the invaluable assistance of the Air ForceOffice of Special Investigations.Espionage is a profoundly serious crime,and the FBI will continue to work with our law enforcement and intelligencecommunity partners to ensure the protection of our nation's most sensitiveinformation."According to an affidavit filed in support of the criminal complaint, Fondrenretired from active duty as a Lieutenant Colonel in the U.S Air Force in May1996.In approximately Feb. government places considerabletrust in those given access to classified information, and we are committed toprosecuting those who abuse that trust.""The complaint unsealed today alleges that Mr. Fondren conspired to steal ournation's secrets for a foreign government, placing his own interests overthose of the citizens he served as a U.S.

Government employee," said ExecutiveAssistant Director Arthur M Cummings, II, FBI National Security Branch. District Court in Alexandria, Va.If convicted, he faces a maximum fiveyears imprisonment and a $250,000 fine. "Today's case is the result of an outstanding long-term counterespionageeffort by many agents, analysts and prosecutors that has thus far yieldedthree convictions," said David Kris, Assistant Attorney General for NationalSecurity. "The conduct alleged in this complaint should serve as a warning toothers in government who would compromise classified information and betraythe trust placed in them by the American people.""The allegations in this case are troubling - providing classified informationto a foreign agent of the People's Republic of China is a real and seriousthreat to our national security," said Dana J Boente, Acting U.S Attorneyfor the Eastern District of Virginia "The U.S.

Cummings, II, Executive Assistant Directorof the FBI's National Security Branch, announced today.A criminal complaint unsealed today in the Eastern District of Virginiaalleges that, from approximately Nov 2004 to Feb. Pacific Command (PACOM).He has been on administrativeleave with pay since mid-February 2008 and has not performed any duties in orfor PACOM since that time.This morning, he turned himself in to federalagents.Fondren is expected to have his initial appearance later today inU.S. Bankruptcy Court in Manhattan.Picard claimed that in several cases Picower's purported annual rates of return were more than 100 percent, with some annual returns as high as 500 percent or even 950 percent."These anomalous and astronomical rates of return -- both positive and negative -- were neither credible nor consistent with legitimate trading activity, and should have caused any reasonable investor to inquire further," the complaint said.So far the trustee has recovered about $1 billion to pay back customers but he has vowed to target funds and money managers to recover as much as possible from the worldwide $65 billion fraud.The former nonexecutive chairman of Nasdaq was arrested in December and pleaded guilty in March to heading Wall Street's biggest investment fraud. 11, 2008, James WilburFondren, Jr., while serving as an employee of the Defense Department,unlawfully and knowingly conspired with others to communicate classifiedinformation to another person who he had reason to believe was an agent orrepresentative of a foreign government.Fondren, 62, worked at the Pentagon and is the Deputy Director, WashingtonLiaison Office, U.S.

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