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YELLOW ***** TUESDAY, JUNE 18, 2013 ~ VOL. CCLXI NO. 141 WSJ.com HHHH $2.00 WASHINGTON—The Supreme Court on Monday delivered an- other rebuke to Arizona’s ag- gressive efforts to combat illegal immigration, ruling that the state violated federal law when it added a proof-of-citizenship requirement to a federal voter- registration form nearly a de- cade ago. The ruling, by a 7-2 vote, comes a year after the justices struck down most of a separate Arizona law targeting illegal im- migrants and weeks after a fed- eral judge ruled that the sheriff in Phoenix was improperly using racial profiling against Latinos. The high court cases reinforce that in areas where Washington holds constitutional authority— over immigration and, in Mon- day’s case, the rules for federal elections—states may not over- ride Congress’s judgment. Arizona officials including Gov. Jan Brewer, a Republican, have long wrangled with the fed- eral government over how to deal with illegal immigration in the state. State officials say they have had to take matters into their own hands because they Please turn to page A4 CONTENTS Business Tech............ B5 CFO Journal................. B6 Corporate News.... B1-4 Global Finance............ C3 Health & Wellness D1-4 Heard on Street ..... C10 In the Markets........... C4 Leisure & Arts............ D5 Opinion.................. A17-19 Sports......................... D6-8 U.S. News................. A2-8 Weather Watch........ B6 World News......... A9-15 DJIA 15179.85 À 109.67 0.7% NASDAQ 3452.13 À 0.8% NIKKEI 13033.12 À 2.7% STOXX 600 293.25 À 0.7% 10-YR. TREAS. g 13/32 , yield 2.172% OIL $97.77 g $0.08 GOLD $1,382.80 g $4.50 EURO $1.3366 YEN 94.49 s Copyright 2013 Dow Jones & Company. All Rights Reserved Vital Signs One gauge of manufac- turing ticked up in June, but the news isn’t all good. The Empire State Manufac- turing Survey’s index of gen- eral business conditions rose nine points this month to a seasonally adjusted 7.8. How- ever, when manufacturers were asked about specific ar- eas such as new orders, ship- ments and numbers of em- ployees, they expressed less optimism than in May. Source: Federal Reserve Bank of New York 2011 '13 '12 Business Conditions Index –10 –5 0 5 10 15 > U .K. prosecutors plan to file criminal fraud charges against former UBS and Citi- group trader Tom Hayes, who allegedly was at the center of efforts by several banks to manipulate rates. A1 n The U.S. and the EU said they would start talks to build a free-trade agreement to boost growth and create jobs on both sides of the Atlantic. A12 n Mexico’s president will seek in coming months to open the state-run oil-and- gas industry to private in- vestment and competition. B3 n A Supreme Court ruling could lead to more challenges of deals that drug makers strike to stave off the arrival of inex- pensive generic competition. B1 n Stocks advanced on en- couraging housing and man- ufacturing data. The Dow in- dustrials climbed 109.67 points, or 0.7%, to 15179.85. C1 n China’s big banks are pres- suring the nation’s central bank to free up funds to ease an unusual cash squeeze in the world’s No. 2 economy. C1 n Two independent studies found a Medtronic bone- growth product for spine surgeries was no better than a traditional operation. B3 n Kabel Deutschland said it has received an acquisition proposal from Liberty Global, a move that could set off a bidding war with Vodafone. B5 n Daniel Loeb has boosted his Sony stake, ratcheting up an effort to persuade the Jap- anese firm to launch an IPO of its entertainment arm. B5 n Tesla’s effort to open company-run sales outlets is running up against a thicket of state franchise laws designed to protect auto dealers. B1 n The U.K.’s Co-op Bank asked bondholders to take heavy losses in a proposed “bail- in,” the first rescue plan of its type for a British lender. C3 n Clearwire has long been the U.S. wireless industry’s most embattled carrier, but the company’s spectrum has emerged as a prized asset. B1 n Airbus got a boost for the flagging fortunes of its A380, with German leasing company Doric placing a preliminary order for 20 of the jets. B4 n DreamWorks Animation has signed a multiyear deal to produce original series for Netflix that will involve over 300 hours of programming. B3 n The USDA plans to buy sugar from growers in a bid to reduce a surplus that has driven down prices and threat- ened to spark loan defaults. C4 n Federal prosecutors charged nine people with employing more than 50 illegal immigrants at 14 7-Eleven franchises in New York and Virginia. A3 n The EU is likely to approve ICE’s purchase of NYSE Eu- ronext, removing the last major hurdle to the deal. C3 n The Supreme Court over- turned an Arizona voting law. The justices ruled that the state violated U.S. law when it added a proof-of-citizenship requirement to a federal voter- registration form. In a 7-2 deci- sion, the court said the Arizona law interfered with Congress’s prerogative to set election laws. In another case, the jus- tices found 5-4 that a defen- dant’s silence under police questioning sometimes can be used against him in trial. A1, A4 The high court also agreed to review an important le- gal strategy used in hous- ing-discrimination cases. n Iran’s president-elect said Tehran would take steps to re- solve its nuclear standoff with the West. Such action, though, would require a shift by Su- preme Leader Khamenei. A9 n Obama and Putin clashed over Syria as world leaders began a summit, with Russia backing the Assad regime and the U.S. set to arm rebels. A12 n Former NSA contractor Snowden denied ties to China and said his surveillance disclo- sures were motivated by disap- pointment with Obama. A6 n Treasury Secretary Lew said the IRS’s acting head will recommend changes stem- ming from the uproar over tar- geting conservative groups. A8 n Chinese dissident Chen is at the center of a struggle be- tween rival interests after he linked his departure from NYU to pressure from Beijing. A15 n Beijing said a top North Korean official will visit China for talks. That follows a May visit by a Pyongyang aide. A14 n U.S. colleges of education churn out teachers ill-pre- pared to work in classrooms, according to a report. A2 n Montreal’s interim mayor was arrested for alleged brib- ery and fraud, part of a corrup- tion crackdown in Quebec. A13 n Turkey was relatively calm despite a general strike that drew thousands of workers af- ter two days of clashes. A13 n Tens of thousands of Brazil- ians, angered by rising costs, crime and alleged corruption, demonstrated nationwide. A14 n Czech Premier Necas re- signed, setting the stage for a likely interim government until elections next year. A14 n An attack on a school in Nigeria by suspected members of the Boko Haram Islamist sect left 11 people dead. A14 n People who increased their red-meat consumption were more likely to develop Type 2 diabetes, a study found. D2 n Charitable giving in the U.S. rose just slightly last year, according to a survey. A2 n Breast-cancer charity Ko- men named a new chief after a nearly yearlong search. A2 n NASA chose eight new as- tronauts, half of them women, the highest-ever percentage of the agency’s female recruits. A8 Business & Finance World-Wide Follow the news all day at WSJ.com Getty Images TODAY IN PERSONAL JOURNAL The Quest to Cure Motion Sickness PLUS A Case for Peer Pressure What’s News– i i i i i i Next month, a major bridge over the Schuylkill River just out- side Philadelphia will be declared too unsafe for trains to use. Its wood ties are rotten and officials fear the rails, expanding in the summer sun, will pull the trestle apart. The Southeastern Pennsylvania Transportation Authority, or Septa, says the bridge hasn’t been fixed because Septa is being re- quired to spend money on a differ- ent safety program. The other program is designed to prevent trains from crashing into each other. Both goals—avoiding bridge failures and avoiding train crashes—are top priori- ties, Septa says. But Septa argues that basic repairs are its more urgent need. “We could have great signals,” says Rich Burnfield, Septa’s chief financial officer. “But we might not have safe bridges to run those trains over.” Similar complaints are being made nationwide, from New York’s sprawling transit system, to the tiny 13-station Rail Runner Ex- press in New Mexico. The rail net- works are fighting a federal re- quirement to install anticrash systems by the end of 2015. They argue their systems are already safe and that the requirement si- phons money from repairs. They want Congress to push back the deadline. On Wednesday the Senate Commerce Committee will hold a hearing on railroad safety, includ- ing the progress on installing anti- crash gear. Overall, the mandate applies to at least 25 U.S. passen- ger systems carrying nearly 564 million passengers annually. Central to the debate is the delicate matter of put- ting a dollar value on saving a life. It is an age-old regulatory predicament—namely, whether or not spending to make one thing safe steers money away Please turn to page A16 LONDON—Prosecutors here plan to file criminal fraud charges against a former trader at UBS AG and Citigroup Inc. who alleg- edly was at the center of efforts by several banks to manipulate interest rates, people familiar with the plans said. Tom Hayes, a 33-year-old Brit- ish citizen living near London, could face charges from the U.K.’s Serious Fraud Office as soon as Tuesday. It would be the first move by U.K. authorities to seek criminal penalties against anyone allegedly involved in rigging the London interbank offered rate, or Libor, a benchmark used to set in- terest rates on trillions of dollars of financial contracts, ranging from mortgages to derivatives. Mr. Hayes has long been a pri- mary target of the world-wide in- vestigation, partly because U.S. and British authorities say they have unearthed evidence that his alleged efforts to nudge Libor higher or lower were widespread, occurring on nearly a daily basis over several years. Mr. Hayes hasn’t commented on his alleged role in Libor ma- nipulation, beyond a January text message to the The Wall Street Journal that said, “this goes much much higher than me.” His lawyer declined to comment Monday. Mr. Hayes, who spent much of his career based in Japan, was known by colleagues as “Rain Man” because of his sharp intel- lect and socially awkward de- meanor. He was regarded as one of Tokyo’s top traders, and Citi- group made Mr. Hayes a $5 mil- lion job offer in 2009 to lure him away from UBS. Citigroup fired the trader less than a year later. U.S. prosecutors charged Mr. Hayes and a former colleague in December with conspiracy to com- mit fraud by attempting to manip- ulate Libor, but he wasn’t in the U.S. and hasn’t been extradited. U.S. and British authorities are ex- pected to file a flurry of criminal charges stemming from their Libor Please turn to page A12 BY DAVID ENRICH Fresh Charges Readied In Rate-Rigging Case BY JESS BRAVIN AND TAMARA AUDI Top Court Quashes Arizona Voter Law *Excludes grade-crossing collisions Source: Federal Railroad Administration The Wall Street Journal Declining Deaths Railroad accidents* have been declining over the past decade. Deaths Injuries 400 0 100 200 300 2002 ’04 ’06 ’08 ’10 ’12 BY TED MANN Rail Safety and the Value of a Life LEANING IN: At a global summit in Northern Ireland, President Barack Obama and Russian President Vladimir Putin clashed over Syria’s civil war. A12 Evan Vucci/Associated Press For Noted Greeks of Yore, The Global Metals Boom Is a Bust i i i High Prices Make Bronzes Targets of Theft; ‘Zorba’ Creator, El Greco Missing ATHENS—A global boom in commodity and scrap metal prices isn’t making Andreas Va- relas, deputy mayor of the Greek capital, very happy these days. Although the city’s recycling division, which he heads, has more than tripled its annual prof- its in the past two years selling scrap metal on the world market, the boom also has a cost: thieves have been pilfering the city’s bronze statues and melting them down for cash. Not to be confused with the priceless, an- cient Greek statuary that grace Athens’s many museums, the sto- len bronzes nevertheless repre- sent a roll call of more contem- porary heroes large and small— and easier pickings for thieves. A modern metal bust of Zorba the Greek’s creator, Nikos Ka- zantzakis, disappeared earlier this year, so too the bronzed vis- age of El Greco, the 16th-century Spanish renaissance artist, who was born on the island of Crete. All told, 10 bronze busts have disappeared in roughly as many months from the city center. They include: two World War II Greek resistance fight- ers, one 19th-century revolutionary war hero, a former mayor of Athens, the founder of the Greek boy scouts, and Cuban na- tional hero and liter- ary figure José Martí. The bronze bust of Latin America’s liberator, Simón Bolí- var, recently went missing but was replaced. Though in one case, a few years ago, thieves de- Please turn to page A16 Nikos Kazantzakis BY ALKMAN GRANITSAS Obama and Putin Go Head-to-Head Over Syria at G-8 Meeting More Court Cases SELF-INCRIMINATION: Silence can be used at trial .............. A4 HOUSING: A legal approach on bias will be reviewed... A4 DRUG PATENTS: Settlements lose antitrust protection.... B1 Exclusively Bradley Clean + Rinse + Dry = A Sink That Makes Sense Introducing the all-in-one sink that’s going public. Learn more at www.BRADLEYCORP.com/Advocate A merger unlike any you’ve ever seen . C M Y K Composite Composite MAGENTA CYAN BLACK P2JW169000-5-A00100-1--------XA CL,CN,CX,DL,DM,DX,EE,EU,FL,HO,KC,MW,NC,NE,NY,PH,PN,RM,SA,SC,SL,SW,TU,WB,WE BG,BM,BP,CC,CH,CK,CP,CT,DN,DR,FW,HL,HW,KS,LA,LG,LK,MI,ML,NM,PA,PI,PV,TD,TS,UT,WO P2JW169000-5-A00100-1--------XA
Transcript
Page 1: 2013 06 18 cmyk NA 04 - The Wall Street Journalonline.wsj.com/public/resources/documents/pageone0618.pdf · sent aroll call of morecontem-poraryheroes large and small— and easier

YELLOW

* * * * * TUESDAY, JUNE 18, 2013 ~ VOL. CCLXI NO. 141 WSJ.com HHHH $2 .00

WASHINGTON—The SupremeCourt on Monday delivered an-other rebuke to Arizona’s ag-gressive efforts to combat illegalimmigration, ruling that thestate violated federal law whenit added a proof-of-citizenshiprequirement to a federal voter-registration form nearly a de-cade ago.

The ruling, by a 7-2 vote,comes a year after the justicesstruck down most of a separateArizona law targeting illegal im-migrants and weeks after a fed-eral judge ruled that the sheriffin Phoenix was improperly usingracial profiling against Latinos.

The high court cases reinforcethat in areas where Washingtonholds constitutional authority—over immigration and, in Mon-day’s case, the rules for federalelections—states may not over-ride Congress’s judgment.

Arizona officials includingGov. Jan Brewer, a Republican,have long wrangled with the fed-eral government over how todeal with illegal immigration inthe state. State officials say theyhave had to take matters intotheir own hands because they

PleaseturntopageA4

CONTENTSBusiness Tech. ........... B5CFO Journal................. B6Corporate News.... B1-4Global Finance............ C3Health & Wellness D1-4Heard on Street..... C10

In the Markets........... C4Leisure & Arts............ D5Opinion.................. A17-19Sports......................... D6-8U.S. News................. A2-8Weather Watch........ B6World News......... A9-15

DJIA 15179.85 À 109.67 0.7% NASDAQ 3452.13 À 0.8% NIKKEI 13033.12 À 2.7% STOXX600 293.25 À 0.7% 10-YR. TREAS. g 13/32 , yield 2.172% OIL $97.77 g $0.08 GOLD $1,382.80 g $4.50 EURO $1.3366 YEN 94.49

s Copyright 2013 Dow Jones & Company. All Rights Reserved

Vital Signs

One gauge of manufac-turing ticked up in June,but the news isn’t all good.The Empire State Manufac-turing Survey’s index of gen-eral business conditions rosenine points this month to aseasonally adjusted 7.8. How-ever, when manufacturerswere asked about specific ar-eas such as new orders, ship-ments and numbers of em-ployees, they expressed lessoptimism than in May.Source: Federal Reserve Bank

of New York

2011 '13'12

Business Conditions Index

–10

–5

0

5

10

15

>

U .K. prosecutors plan tofile criminal fraud charges

against former UBS and Citi-group trader Tom Hayes,who allegedly was at thecenter of efforts by severalbanks to manipulate rates. A1n The U.S. and the EU saidthey would start talks to builda free-trade agreement to boostgrowth and create jobs onboth sides of the Atlantic. A12nMexico’s president willseek in coming months toopen the state-run oil-and-gas industry to private in-vestment and competition. B3n A Supreme Court rulingcould lead to more challengesof deals that drugmakers striketo stave off the arrival of inex-pensive generic competition. B1n Stocks advanced on en-couraging housing and man-ufacturing data. The Dow in-dustrials climbed 109.67points, or 0.7%, to 15179.85. C1n China’s big banks are pres-suring the nation’s centralbank to free up funds to easean unusual cash squeeze inthe world’s No. 2 economy. C1n Two independent studiesfound a Medtronic bone-growth product for spinesurgeries was no better thana traditional operation. B3n Kabel Deutschland said ithas received an acquisitionproposal from Liberty Global,a move that could set off abidding war with Vodafone. B5n Daniel Loeb has boostedhis Sony stake, ratcheting upan effort to persuade the Jap-anese firm to launch an IPOof its entertainment arm. B5n Tesla’s effort to opencompany-run sales outlets isrunning up against a thicket ofstate franchise laws designedto protect auto dealers. B1nThe U.K.’s Co-op Bank askedbondholders to take heavylosses in a proposed “bail-in,” the first rescue plan ofits type for a British lender. C3n Clearwire has long beenthe U.S. wireless industry’smost embattled carrier, butthe company’s spectrum hasemerged as a prized asset. B1n Airbus got a boost for theflagging fortunes of its A380,with German leasing companyDoric placing a preliminaryorder for 20 of the jets. B4nDreamWorksAnimation hassigned a multiyear deal toproduce original series forNetflix that will involve over300 hours of programming. B3n The USDA plans to buysugar from growers in a bidto reduce a surplus that hasdriven down prices and threat-ened to spark loan defaults. C4nFederal prosecutors chargednine people with employingmore than 50 illegal immigrantsat 14 7-Eleven franchises inNew York and Virginia. A3n The EU is likely to approveICE’s purchase of NYSE Eu-ronext, removing the lastmajor hurdle to the deal. C3

nThe Supreme Court over-turned an Arizona voting law.The justices ruled that thestate violated U.S. lawwhen itadded a proof-of-citizenshiprequirement to a federal voter-registration form. In a 7-2 deci-sion, the court said the Arizonalaw interfered with Congress’sprerogative to set electionlaws. In another case, the jus-tices found 5-4 that a defen-dant’s silence under policequestioning sometimes can beused against him in trial.A1, A4The high court also agreedto review an important le-gal strategy used in hous-ing-discrimination cases.n Iran’s president-elect saidTehran would take steps to re-solve its nuclear standoff withtheWest. Such action, though,would require a shift by Su-preme Leader Khamenei. A9nObama and Putin clashedover Syria as world leadersbegan a summit, with Russiabacking the Assad regime andthe U.S. set to arm rebels. A12nFormer NSA contractorSnowden denied ties to Chinaand said his surveillance disclo-sures weremotivated by disap-pointment with Obama. A6nTreasury Secretary Lewsaid the IRS’s acting head willrecommend changes stem-ming from the uproar over tar-geting conservative groups. A8n Chinese dissident Chen isat the center of a struggle be-tween rival interests after helinked his departure from NYUto pressure from Beijing. A15n Beijing said a top NorthKorean official will visit Chinafor talks. That follows a Mayvisit by a Pyongyang aide. A14n U.S. colleges of educationchurn out teachers ill-pre-pared to work in classrooms,according to a report. A2nMontreal’s interimmayorwas arrested for alleged brib-ery and fraud, part of a corrup-tion crackdown in Quebec. A13n Turkey was relatively calmdespite a general strike thatdrew thousands of workers af-ter two days of clashes. A13nTens of thousands of Brazil-ians, angered by rising costs,crime and alleged corruption,demonstrated nationwide. A14n Czech Premier Necas re-signed, setting the stage fora likely interim governmentuntil elections next year. A14nAn attack on a school inNigeria by suspected membersof the Boko Haram Islamistsect left 11 people dead. A14n People who increased theirred-meat consumption weremore likely to develop Type 2diabetes, a study found. D2n Charitable giving in theU.S. rose just slightly lastyear, according to a survey. A2n Breast-cancer charity Ko-men named a new chief after anearly yearlong search. A2nNASA chose eight new as-tronauts, half of themwomen,the highest-ever percentage ofthe agency’s female recruits.A8

Business&Finance World-Wide

Follow the news all day at WSJ.com

Getty

Images

TODAY IN PERSONAL JOURNAL

The Quest to Cure Motion SicknessPLUS A Case for Peer Pressure

What’s News–i i i i i i

Next month, a major bridgeover the Schuylkill River just out-side Philadelphia will be declaredtoo unsafe for trains to use. Itswood ties are rotten and officialsfear the rails, expanding in thesummer sun, will pull the trestleapart.

The Southeastern PennsylvaniaTransportation Authority, orSepta, says the bridge hasn’t beenfixed because Septa is being re-quired to spend money on a differ-ent safety program. The otherprogram is designed to preventtrains from crashing into eachother.

Both goals—avoiding bridgefailures and avoiding train crashes—are top priori-ties, Septa says. But Septa argues that basic repairsare its more urgent need.

“We could have great signals,” says Rich Burnfield,Septa’s chief financial officer. “But we might not havesafe bridges to run those trains over.”

Similar complaints are beingmade nationwide, from NewYork’s sprawling transit system, tothe tiny 13-station Rail Runner Ex-press in NewMexico. The rail net-works are fighting a federal re-quirement to install anticrashsystems by the end of 2015. Theyargue their systems are alreadysafe and that the requirement si-phons money from repairs. Theywant Congress to push back thedeadline.

On Wednesday the SenateCommerce Committee will hold ahearing on railroad safety, includ-ing the progress on installing anti-crash gear. Overall, the mandateapplies to at least 25 U.S. passen-ger systems carrying nearly 564

million passengers annually.Central to the debate is the delicate matter of put-

ting a dollar value on saving a life. It is an age-oldregulatory predicament—namely, whether or notspending to make one thing safe steers money away

PleaseturntopageA16

LONDON—Prosecutors hereplan to file criminal fraud chargesagainst a former trader at UBSAG and Citigroup Inc. who alleg-edly was at the center of effortsby several banks to manipulateinterest rates, people familiarwith the plans said.

Tom Hayes, a 33-year-old Brit-ish citizen living near London,could face charges from the U.K.’sSerious Fraud Office as soon asTuesday. It would be the firstmove by U.K. authorities to seekcriminal penalties against anyoneallegedly involved in rigging theLondon interbank offered rate, orLibor, a benchmark used to set in-

terest rates on trillions of dollarsof financial contracts, rangingfrom mortgages to derivatives.

Mr. Hayes has long been a pri-mary target of the world-wide in-vestigation, partly because U.S.and British authorities say theyhave unearthed evidence that hisalleged efforts to nudge Liborhigher or lower were widespread,occurring on nearly a daily basisover several years.

Mr. Hayes hasn’t commentedon his alleged role in Libor ma-nipulation, beyond a January textmessage to the The Wall StreetJournal that said, “this goes muchmuch higher than me.” His lawyerdeclined to comment Monday.

Mr. Hayes, who spent much of

his career based in Japan, wasknown by colleagues as “RainMan” because of his sharp intel-lect and socially awkward de-meanor. He was regarded as oneof Tokyo’s top traders, and Citi-group made Mr. Hayes a $5 mil-lion job offer in 2009 to lure himaway from UBS. Citigroup firedthe trader less than a year later.

U.S. prosecutors charged Mr.Hayes and a former colleague inDecemberwith conspiracy to com-mit fraud by attempting tomanip-ulate Libor, but he wasn’t in theU.S. and hasn’t been extradited.U.S. and British authorities are ex-pected to file a flurry of criminalcharges stemming from their Libor

PleaseturntopageA12

BY DAVID ENRICH

FreshChargesReadiedIn Rate-Rigging Case

BY JESS BRAVINAND TAMARA AUDI

Top CourtQuashesArizonaVoter Law

*Excludes grade-crossing collisionsSource: Federal Railroad Administration

The Wall Street Journal

Declining DeathsRailroad accidents* have beendeclining over the past decade.

Deaths Injuries400

0

100

200

300

2002 ’04 ’06 ’08 ’10 ’12

BY TED MANN

Rail Safety and theValue of a Life

LEANING IN: At a global summit in Northern Ireland, President Barack Obama and Russian President Vladimir Putin clashed over Syria’s civil war. A12

Evan

Vucci/AssociatedPress

For Noted Greeks of Yore,The Global Metals Boom Is a Bust

i i i

High Prices Make Bronzes Targets of Theft;‘Zorba’ Creator, El Greco Missing

ATHENS—A global boom incommodity and scrap metalprices isn’t making Andreas Va-relas, deputy mayor of the Greekcapital, very happy these days.

Although the city’s recyclingdivision, which heheads, has more thantripled its annual prof-its in the past twoyears selling scrapmetal on the worldmarket, the boom alsohas a cost: thieveshave been pilfering thecity’s bronze statuesand melting themdown for cash.

Not to be confusedwith the priceless, an-cient Greek statuary that graceAthens’s many museums, the sto-len bronzes nevertheless repre-sent a roll call of more contem-porary heroes large and small—and easier pickings for thieves.

A modern metal bust of Zorbathe Greek’s creator, Nikos Ka-zantzakis, disappeared earlierthis year, so too the bronzed vis-age of El Greco, the 16th-centurySpanish renaissance artist, whowas born on the island of Crete.All told, 10 bronze busts have

disappeared inroughly as manymonths from the citycenter. They include:two World War IIGreek resistance fight-ers, one 19th-centuryrevolutionary warhero, a former mayorof Athens, the founderof the Greek boyscouts, and Cuban na-tional hero and liter-ary figure José Martí.

The bronze bust of LatinAmerica’s liberator, Simón Bolí-var, recently went missing butwas replaced. Though in onecase, a few years ago, thieves de-

PleaseturntopageA16

Nikos Kazantzakis

BY ALKMAN GRANITSAS

Obama and Putin Go Head-to-Head Over Syria at G-8 Meeting

More Court Cases SELF-INCRIMINATION: Silence

can be used at trial.............. A4 HOUSING: A legal approach

on bias will be reviewed... A4 DRUG PATENTS: Settlements

lose antitrust protection.... B1

Exclusively Bradley

Clean + Rinse + Dry =A Sink That Makes Sense

Introducing the all-in-one sink that’s going public.Learn more at www.BRADLEYCORP.com/Advocate

A merger unlikeany you’ve ever seen.

CM Y K CompositeCompositeMAGENTA CYAN BLACK

P2JW169000-5-A00100-1--------XA CL,CN,CX,DL,DM,DX,EE,EU,FL,HO,KC,MW,NC,NE,NY,PH,PN,RM,SA,SC,SL,SW,TU,WB,WEBG,BM,BP,CC,CH,CK,CP,CT,DN,DR,FW,HL,HW,KS,LA,LG,LK,MI,ML,NM,PA,PI,PV,TD,TS,UT,WO

P2JW169000-5-A00100-1--------XA

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