LBN – Special Report – Monday February 27, 2017

SPEAK FREELY – READ LBN:

PriceWaterhouseCoopers issues apology over best-picture flub:

Global accounting firm PriceWaterhouseCoopers has issued amea culpa for the epic fail at the Oscars in which “La La Land” was mistakenly declared best picture.“We sincerely apologize to ‘Moonlight,’ ‘La La Land,’ Warren BeattyFaye Dunaway, and Oscar viewers for the error that was made during the award announcement for best picture,” said PwC, which has overseen the Academy’s ballot-counting for 83 years.“The presenters had mistakenly been given the wrong category envelope and when discovered, was immediately corrected. We are currently investigating how this could have happened, and deeply regret that this occurred. We appreciate the grace with which the nominees, the Academy, ABC, and Jimmy Kimmel handled the situation,” the statement said.

Trump’s Navy Secretary Pick Backs Out:

President Donald Trump’s pick for Navy secretary announced Sunday that he’s withdrawing from consideration for the post over privacy concerns and his business interests. Businessman Philip Bilden has thus become the second Trump nominee to step aside as a result of conflict of interest rules. In a statement released Sunday announcing his decision, Bilden said that “after an extensive review process, I have determined that I will not be able to satisfy the Office of Government Ethics requirements without undue disruption and materially adverse divestment of my family’s private financial interests.” The move leaves Trump and Defense Secretary Jim Mattis with empty posts at the head of both the Army and Navy. Vincent Viola, tapped by Trump to serve as secretary of the Army, withdrew earlier this month. Mattis said he would recommend a new nominee “in the coming days,” for a “leader who can guide our Navy and Marine Corps team as we execute the president’s vision to rebuild our military.”

North Korea executes 5 senior security officials: Seoul:

North Korean dictator Kim Jong Un obliterated five of his most senior aides with anti-aircraft guns after they allegedly turned in false reports on security matters, CBS News said Monday. The deranged despot allegedly went ballistic when he learned about the falsified reports — and immediately executed the five officials from North Korea’s beleaguered state security department, CBS reported. The department’s minister of state security, Kim Won Hong, was removed from power in mid-January, but has not been executed by Jong Un – yet. Hong had allegedly been involved in some type of corruption and abuse of power.

Jewish Cemetery Vandalized In Philly:

A Jewish cemetery in Philadelphia was vandalized less than a week after a similar incident in Missouri. More than 100 headstones were damaged at the Mount Carmel cemetery, police said Sunday. The destruction was reported by a man who arrived at the cemetery and found his relatives’ tombstones damaged. Philadelphia Mayor Jim Kenneyreleased a statement saying authorities would do everything possible to find the perpetrators. “My heart breaks for the families who found their loved ones’ headstones toppled,” he said, adding that “hate is not permissible in Philadelphia.” The incident also caught the attention of Israeli Foreign MinisterEmmanuel Nahshon, who said it was “shocking and a source of worry” to hear about the vandalism, the Associated Press reported. Last week, more than 150 tombstones were damaged at a St. Louis cemetery in an attack that raised fears about a rise in anti-Semitism. In light of the latest incident, the Anti-Defamation League, with support from the Mizel Family Foundation, is offering a $10,000 reward for information leading to the arrest of the vandals.

LIVE LIFE ON THE EDGE – READ LBN:

‘Get Out’ Wins the Weekend Box Office:

Jordan Peele‘s hotly-anticipated horror and socialcommentary Get Out reigned supreme at the box office this weekend, translating its stunning critical reception into a $30.5 million debut weekend. The movie, which stars Daniel Kaluuyaand Allison Williams, opened in 2,781 theaters, taking in a $10,976 per-screen average. Two other new films—Rock Dog and Collide—didn’t even crack the top 10 earnings. Get Out, meanwhile, knocked The LEGO Batman Movie out of first place in its third weekend. The LEGO movie spin-off brought in another $19 million this week, forming a domestic total of $130 million.

LBN-BUSINESS INSIDER:   ***Poof: $100 billion disappeared. That’s the figure that Warren E. Buffett recently calculated that pension funds, endowments and wealthy individuals have lost over the last decade to hedge funds and other money managers that charge sky-high fees. “I believe my calculation of the aggregate shortfall is conservative,” Mr. Buffett wrote in his annual letter, released on Saturday to the shareholders of his conglomerate, Berkshire Hathaway. The letter, which ricocheted around Wall Street to the consternation of some and the applause of others, was Mr. Buffett’s most damning assessment of the hedge fund industry to date, and it came amid a growing debate about whether professional money managers are capable of outperforming the stock market on even a semiregular basis.

LBN-INVESTIGATES: Americans eat more popcorn than any other country. Most of the popcorn eaten around the world is grown in the United States.

MY REVIEW: “I am inspired by the intriguing photos in LBN.”—– Randy T., an LBN reader from Dallas, Texas.

LBN-NOTICED:   ***The morning of the Oscars, moguls were filling up for a long day and night ahead of party-hopping and awards. Producer and Giants co-owner Steve Tisch was having breakfast with Patriots owner Robert Kraft at Beverly Hills deli Nate ’n Al. The two were in deep conversation at a booth by the door. Across the packed room, MediaLink branding guru Michael Kassan chatted with Showtime chairman Matt Blank.   ***After recently splitting from ex- N.Y. Yankees slugger Alex Rodriguez, Silicon Valley CEO Anne Wojcicki was spotted on the town in LA Saturday night before the Oscars. We hear that A-Rod is also expected to be in LA for Academy Awards celebrations. But it was Wojcicki who sat at a power table at Harvey Weinstein’s pre-Oscars bash for “Lion,” near Jay Z and Beyoncé.   ***After it was revealed that iconic A-list Hollywood haunt the Sunset Tower Hotel could be up for sale for $100 million, its buzzy restaurant, the Tower Bar, was busier than ever. On Friday night, diners included Andy Cohenwith John Mayer at a cozy table, Chris Pine and Zachary Quinto, NBC’s Bob Greenblatt with Gwyneth Paltrow, while also in the room were Ryan Murphy, Seth MacFarlane, Viggo Mortensen and Tatum O’Neal.   ***An endless procession of top celebs and moguls — from Leo DiCaprio to Jeff Bezos — arrived at WME head Ari Emanuel’s new home on Friday night to celebrate the Oscars. But some of the stars were on the walls in the form of the agent’s art collection. Guests were greeted by a mural outside the house that was created for Emanuel by Brazilian street artists Os Gêmeos, and completed just before the Oscars bash.

LBN-R.I.P.:   ***Joseph A. Wapner, a California judge who became a widely recognized symbol of tough but fair-minded American jurisprudence during the 12 years he sat on the bench of the syndicated television show “The People’s Court,” died on Sunday at his home in Los Angeles. He was 97. His son David confirmed the death, The Associated Press said.   ***Amy Dawes, the Los Angeles entertainment journalist who was the author of “Sunset Boulevard: Cruising The Heart of Los Angeles,” died of cancer on Friday at Cedars-Sinai. She was 56 years old and is survived by her husband, Billy Vasquez.

LBN-VIDEO LINK: Emma Stone reacts to Oscar’s blunder – Full backstage Interview  – https://youtu.be/NsfT6D9YQN8

LBN-COMMENTARY by President George W. Bush: I think power can be very addictive, and it can be corrosive, and it’s important for the media to call to account people who abuse their power, whether it be here or elsewhere.

LBN-COMMENTARY by Michael Levine ( Media expert and author – www.MichaelLevineMedia.com): Content Marketing is a type of marketing that involves the creation and sharing of online material (such as videos, blogs, and social media posts) that does not explicitly promote a brand but is intended to stimulate interest in its products or services. To deny it’s power in today’s media world is like being a proud member of the “Flat Earth Society”.

LBN-SPOTLIGHT: One Line Movie Reviews (Oscar Edition)  – https://youtu.be/zn03Jbqjkm8

LBN-COMMENTARY by Andy Parker: The unholy trinity. At the right hand of Trump sitteth the minister of propaganda, Steve Bannon. At the left hand sitteth National Rifle Association executive vice president Wayne LaPierre, whose$30 million donation to the Trump campaign bought him a seat next to the throne. A year ago I opined that Trump had Hitleresque qualities. Some thought that sentiment might be a tad over the top. However, this troika has the look and the menace of 1930s Germany and is picking up steam with each passing day. With the blessing from on high, Bannon is ramping up his efforts to undermine the First Amendment, control the media and feed the American people only what he wants them to know. He now has a powerful ally in LaPierre, leader of the NRA, who has gone even further off the deep end. Apocalyptic rhetoric, attacks on the media other than Fox News and the usual bogus claims that Democrats and “libtards” are out to confiscate Americans’ guns are standard fare for LaPierre.
LBN-A DIFFERENT VIEW:….

LBN-OVERHEARD:   ***Aside from the most epic Oscars flub in the award show’s history, Nicole Kidman’s peculiar clapping may have been the most talked-about topic of the star-studded evening. The 49-year-old Australian movie star was roasted on social media after she was caught on camera — twice — during the Academy Awards showing off her unusual form of applause. Clips of the “Lion” actress clapping using only her palms without any of her fingers touching quickly went viral and completely bewildered social media users.

LBN E-Lert Edited By Addison Beaulieu

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