Friday, September 2, 2011

7.1 Quake off Alaska, college professor accused of leading motorcycle gang, and federal agency set to sue U.S. banks

Good Morning Humboldt County!

Good to see you this Friday morning. Pull up a seat and have a cup of coffee with me and we’ll look at what’s happening in the world around us.

7.1 magnitude earthquake strikes off Alaska

A 7.1 magnitude earthquake struck Friday in the Aleutian Islands off Alaska, the U.S. Geological Survey reported, prompting a brief tsunami warning for a portion of Alaska's coast. The U.S. Geological Survey said the earthquake struck in the waters at about 6:55 a.m. ET. There were no reports of injuries or damage, according to Alaska's


Professor allegedly led motorcycle gang and drug ring

A university professor suspected of leading a motorcycle gang and methamphetamine drug ring is wanted for arrest in California, authorities say. Steve Kinzey, 43, believed to be the president of the local chapter of the Devils Disciples motorcycle club, has been the target of a 6-month narcotics and weapons trafficking investigation, sheriff's spokeswoman Jodi Miller said.

Authorities said the probe stemmed from a federal undercover operation of another biker gang, the Mongols, in which Kinzey was identified as being involved in criminal activity.

US set to sue big banks over bad mortgages

The federal agency that oversees the mortgage giants Fannie Mae and Freddie Mac is set to file suits against more than a dozen big banks, accusing them of misrepresenting the quality of mortgage securities they assembled and sold at the height of the housing bubble, and seeking billions of dollars in compensation.

Time to walk on down the road…

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