Washington

3RD LEAD: Madoff jailed, pleads guilty to massive fraud in court

Madoff jailed, pleads guilty to massive fraud in courtWashington - Disgraced financier Bernard Madoff will go to jail after admitting in court Thursday to a 50-billion-dollar fraud that entwined hundreds of investors around the world and has made him the poster-child of Wall Street greed in the current financial crisis.

Madoff pleaded guilty to all 11 criminal counts, telling the lower Manhattan federal court that he was "deeply sorry and ashamed," according to broadcaster CNBC. Judge Denny Chin accepted the guilty plea and said Madoff would go to prison until he is sentenced on June 16.

2ND LEAD: Madoff pleads guilty to massive fraud in court

Madoff pleads guilty to massive fraud in courtWashington  - Disgraced financier Bernard Madoff pleaded guilty in court Thursday to a 50-billion-dollar fraud that entwined hundreds of investors around the world and has made him the poster- child of Wall Street greed in the current financial crisis.

Madoff pleaded guilty to all 11 counts of fraud, telling the lower Manhattan federal court that he was "deeply sorry and ashamed," according to broadcaster CNBC. Judge Denny Chin is expected to accept the guilty plea before deciding whether Madoff can post bail or be remanded into custody while he awaits sentencing.

1ST LEAD: Madoff pleads guilty to massive fraud in court

Madoff pleads guilty to massive fraud in court Washington  - Disgraced financier Bernard Madoff pleaded guilty in court Thursday to a 50-billion-dollar fraud that entwined hundreds of investors around the world and has made him the poster- child of Wall Street greed in the current financial crisis.

Madoff pleaded guilty to all 11 counts of fraud in a lower Manhattan federal court, according to broadcaster CNBC. The judge is expected to accept the plea before deciding whether Madoff can post bail or be remanded into custody while he awaits sentencing.

Madoff pleads guilty to massive fraud in court

Madoff pleads guilty to massive fraud in court Washington  - Disgraced financier Bernhard Madoff pleaded guilty in court Thursday to a 50-billion-dollar fraud that entwined hundreds of investors around the world, US media reported.

Madoff pleaded guilty to all 11 counts of fraud in a lower Manhattan federal court, according to broadcaster CNBC. The investor faced criminal counts including securities fraud, mail fraud, wire fraud, three counts of money laundering and filing false statements with the Securities and Exchange Commission (SEC).

Scientists try to make wood a new energy source

Scientists try to make wood a new energy sourceWashington, March 12: A scientific team from the North Carolina State University is working to turn woodchips into a substitute for coal by using a process called torrefaction that is greener, cleaner and more efficient than traditional coal burning.

Environmental organizations have raised concerns for decades about the environmental impact of the burning of fossil fuels – particularly coal – for energy.

The combustion of coal contributes to acid rain and air pollution, and has been connected with global warming.

Popular enzyme found to play major role in brain growth

Popular enzyme found to play major role in brain growthWashington, Mar 12: A well-known enzyme linked with cancer, diabetes, heart disease, hypertension, and stroke has now been found to help create and maintain the brain, according to scientists at Washington University School of Medicine in St. Louis.

After selectively disabling the enzyme AMP-activated protein kinase (AMPK) in mouse embryos, it was found that the overall brain size was reduced by 50 percent, the cerebrum and cerebellum were shrunken, and the mice died within three weeks of birth.

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