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Absentee ballots are mailed in and are the only auditable paper trail under Louisiana’s current voting system. “(Election officials) test the machines beforehand and they test the machines afterwards, so it’s not blind faith going into this. ... You’re basically getting a report on the tabulation again.”Louisiana uses paperless touch screen voting machines bought in 2005. “Can you imagine what would have happened in Georgia if they had still had digital voting machines in 2020?” Becker asked. Secretary of State-elect Nancy Landry, a Republican who takes office in January, said implementing a new voting system is a top priority.

Persons: Joe Biden’s, ” John Nickelson, Henry Whitehorn, Mike Spence, Spence, it’s, ” David Becker, “, You’re, Kyle Ardoin, Wisconsin —, Donald Trump, ” Becker, Nancy Landry Organizations: —, Republican, Caddo Parish, Democrat, Justice Department’s Civil, Division, Center, Election Innovation, Research, State Locations: BATON ROUGE, La, Louisiana, Caddo, Arizona , Pennsylvania, Wisconsin, Georgia, Donald Trump . Georgia

CNN —Two adults have been charged after a 7-year-old brought a gun to a Grand Rapids, Michigan, elementary school, authorities said Tuesday. In January, a teacher at an elementary school in Newport News, Virginia, was shot by a 6-year-old student who brought a gun to school in his backpack, police said. “To see an 8-year-old walk into school with a loaded gun shortly thereafter was astounding to me.”The loaded gun was found inside a third grader’s backpack at Stocking Elementary School, CNN affiliate WXMI reported. The gun discoveries on school grounds prompted the school district to announce a ban on bringing backpacks to school. Another Michigan school district, Flint Community Schools, also banned backpacks as of May 1, citing safety concerns.

☆ Premarket stocks: Wall Street's 'fear gauge' is rising as US debt talks drag on
▼ + stars: | 2023-05-16 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Markets will get volatile, maybe the stock market will go down, the Treasury markets will have their own problems,” he said. But this fear of market volatility isn’t going away. A similar fight around the debt ceiling in 2011 spurred a serious bout of market volatility. Wall Street’s key measure of volatility, the VIX, reached two year highs and soared more than 35% in just one day. Wall Street typically uses the VIX, known as the market’s “fear gauge,” as a way to measure how investors feel about financial and economic uncertainties.

☆ Former Silicon Valley Bank CEO: ‘I am truly sorry’
▼ + stars: | 2023-05-15 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

“I never envisioned myself or SVB being in this situation,” former CEO Greg Becker writes, adding that he is “truly sorry for how this has impacted SVB’s employees, clients, and shareholders.”Becker is scheduled to testify at 10 a.m. ET Tuesday alongside two former executives of Signature Bank, which collapsed two days after SVB. But SVB’s collapse rumbled across global financial markets and sparked a selloff that has gripped US regional banks for more than two months. In its autopsy of the bank’s collapse, the Fed, which was SVB’s primary regulator, blamed both the central bank’s supervisory shortcomings and SVB management’s missteps. “You have nobody to blame for the failure at your bank but yourself and your fellow executives,” Warren wrote in a letter to Becker in March.

CNN —Tennis great Boris Becker says he’s grateful just to be alive as he reflected on spending time in prison in an interview with CNN’s Christiane Amanpour. Soon after his release, Becker told German broadcaster Sat 1 that a prison “inmate tried to kill” him during his incarceration. “It feels great [to be out],” Becker told Amanpour. “Prison life is a very dangerous place. In tennis, as in life, thing were “never easy” and “always a bit of a struggle,” Becker recalls.

☆ ‘Absolutely idiotic’. SVB insider says employees are angry with CEO
▼ + stars: | 2023-03-13 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

“That was absolutely idiotic,” the employee, who works on the asset management side of Silicon Valley Bank, told CNN in an interview. By the close of business that day, Silicon Valley Bank had a negative cash balance of about $958 million. “People are just shocked at how stupid the CEO is,” the Silicon Valley Bank insider said. “There should be no mistaking that Silicon Valley Bank’s collapse was a direct result of the Fed’s persistent and excessive interest rate hikes,” they wrote. Of course, Silicon Valley Bank had more than a year to prepare for both of those issues.

☆ Silicon Valley Bank scrambles to reassure clients after 60% stock wipe-out
▼ + stars: | 2023-03-09 | by ( ) edition.cnn.com time to read: +5 min

SVB Financial Group scrambled on Thursday to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing 60% and contributed to wiping out over $80 billion in value from bank shares. SVB, which does business as Silicon Valley Bank, launched a $1.75 billion share sale on Wednesday to shore up its balance sheet. Investors in SVB’s stock fretted over whether the capital raise would be sufficient given the deteriorating fortunes of many technology startups that the bank serves. The company’s stock collapsed to its lowest level since 2016, and after the market closed shares slid another 26% in extended trade. However, the Information publication reported the bank told four clients that transfers could be delayed.

☆ Republicans in one Arizona county refuse to certify election results
▼ + stars: | 2022-11-28 | by ( Ned Parker | Linda So | ) www.reuters.com time to read: +4 min

-Republican officials who have embraced voter fraud theories resisted certifying the midterm election results in one Arizona county on Monday, defying a state deadline and setting the stage for a legal battle. REUTERS/Jim UrquhartoIn Cochise County, a conservative stronghold in southeastern Arizona, the two Republican members of the three-person board of supervisors voted to postpone certifying the county’s election results. On Monday, the Mohave board ultimately certified its election results but also criticized Maricopa’s performance. Arizona law requires counties to certify election results by Nov. 28, ahead of the state’s certification on Dec. 5. “In the last year, it’s become an unprecedented dereliction of duty for county officials to violate their oaths of office and refuse to certify election results, citing ‘gut feelings’ or alleged problems in jurisdictions other than their own,” Becker said.

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