InfoAnda - Country Music shrine to keep historic instruments

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

MySpace launches myspace.com email | 31 July 2009
Student Dressed As WWII-Era German Soldier Shot, Killed By Seattle Police | 5 January 2009
Sprint-Virgin Mobile deal gets U.S. antitrust nod | Technology | | 25 August 2009

Florida Man Dies After Accidentally Cutting His Leg With A Chainsaw | 29 March 2010

">Forum Views () ">Forum Replies ()

Read more with google mobile : Country Music shrine to keep historic instruments

Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Asia Pacific World Search Search: Country Music shrine to keep historic instruments By JOHN GEROME,AP Entertainment Writer AP - 1 hour 5 minutes ago NASHVILLE, Tenn. - The Country Music Hall of Fame and Museum will get to keep historic instruments from Bill Monroe, Johnny Cash and Mother Maybelle Carter pledged by a man who committed suicide after being accused of defrauding millions from investors. The settlement between the Country Music Foundation, which operates the museum, and the trustee handling the bankruptcy for Bob McLean was filed Tuesday in bankruptcy court in Nashville. It requires the museum to pay $750,000 to McLean's bankruptcy estate to help pay back his creditors. McLean, an investor from Murfreesboro, was accused of swindling victims of more than $67 million in a Ponzi scheme. He committed suicide last year after investors filed an involuntary bankruptcy suit against him. McLean donated two Johnny Cash guitars to the museum, each valued last year at $125,000, and pledged money that allowed the museum to enter confidential purchase agreements for the other instruments: Monroe's 1923 Gibson mandolin, once priced at $1.1 million, and Carter's 1928 Gibson guitar, once priced at $575,000. As part of the settlement, which is still subject to court approval, the museum will write off the unpaid balance of McClean's pledges: $870,850. The agreement comes after more than a year of negotiations with Robert Waldschmidt, the trustee for McClean's bankruptcy estate. Waldschmidt had sought to recover about $1.54 million from the museum. As an alternative, he asked the court to order the museum to surrender the instruments so they could be sold to satisfy McLean's creditors. But museum director Kyle Young said it did not have the money, and the instruments, like all of its collection, are held in trust for the benefit of the public. The collection does not appear on the museum's balance sheet and cannot be used as collateral, he said. "We could not merely turn them over to the trustee," Young said. Waldschmidt called the settlement a "fair compromise" that will benefit the bankruptcy estate and its creditors while also preserving the museum's collection. "Everyone involved in this lawsuit was sensitive to the historical significance of the instruments involved," he said. "However, the interest of the creditors in this bankruptcy proceeding, many of who lost their life savings, could not be ignored either." Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Entertainment & Lifestyle Country Music shrine to keep historic instrumentsAP - 1 hour 5 minutes ago Rapper DMX pleads guilty to drug, theft chargesAP - 1 hour 55 minutes ago Americans stay away from TV on holiday weekAP - 2 hours 22 minutes ago Man charged in Hudson killings appears in courtAP - 2 hours 33 minutes ago NYE minus VIP equals partying at home for manyAP - Wednesday, December 31 Most Popular – Entertainment Viewed Actress Jennifer Aniston appears naked in GQ magazine Japanese tourist spends 3 months in Mexico City airport Two thousand and strange: offbeat stories of the year Natural disasters 'killed over 220,000' in 2008 US throws $6bln lifeline to GMAC View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

Other News on Wednesday, 31 December 2008
Palestinian rocket reaches deep into Israel
Iraq, Britain sign deal to allow troops to stay | International |
Trial of Iraqi shoe thrower is postponed
On Saddam anniversary, Iraq readies macabre museum | International |
Russian leader signs presidential term extension: Kremlin
Israel mulls brief truce, says blitz could last weeks
Facebook facing protest over removal of nursing photos
Jay-Z's $66 Million NY City Hotel Put On Hold Due To Slow Economy
ECB chief Trichet does not exclude January rate cut: report
World powers call for end to Gaza fighting
Iran confirms detaining Iranian-Canadian blogger
Sick former Yukos executive freed from Russian jail: lawyer
Gambian court sentences British couple to one year hard labour
NZ airline flies jetliner partly run on biofuel
Apple shares turn negative on Jobs rumor | Technology |
Libya orders oil cuts of 270K bpd
Pakistan closes US supply route into Afghanistan
China's 3G rollout sets off sales scramble
Zia rejects Bangladesh election results
Bangladesh ex-PM Kahleda Zia rejects polls result
Thai PM dodges protesters for first key speech
Nine Myanmar activists held for Aung San Suu Kyi protest: witnesses
Update: Senate Majority Leader Calls Blagojevich's Appointment "Truly Regrettable"
Pakistan wants talks, India denies military escalation
Irish Minister Floats Idea To Take In Guantanamo Detainees
Authorities Bust Alleged Ponzi Scheme Targeting Haitian-Americans
Additional back—up mechanisms to be installed at Singapore Flyer
Gov. Blagojevich Will Name Roland Burris To Fill Obama's Senate Seat
US, China mark 30th anniversary of diplomatic ties
Woody Harrelson weds longtime girlfriend | Entertainment |
Spoiled Fish Treated With Carbon Monoxide Looks Fresh Watchdog Group Warns
Chronology of US-China relations
Sarah Palin most desirable celebrity neighbor: poll | Entertainment |
Jena 6 Teen Undergoes Surgery After Accidental Shooting Incident While Cleaning Gun
U.S. Consumer Confidence Falls To New Low In December
Tom Cruise 'deeply moved' by Hitler movie
Broadway to dim lights in honor of Pinter
Broadway lights to be dimmed for Harold Pinter
Expedition Reveals Three Previously Unknwon Coral Reefs Off Florida's Coast
Barenboim and Haydn to premiere at Vienna New Year's concert
Children's book based on Holocaust story is pulled
Tourism in tiny Gambia takes a hit from financial crisis
Correction: Delaney Bramlett obit
Tom Cruise 'deeply moved' by Hitler movie
Armenians, Georgians in unholy row over disputed church
Chinese Dig Yields Dinosaur Bones, Including Giant Platypus With Nearly 66-Foot Wingspan
Iran confirms jailing Iranian-Canadian blogger
Man charged with spying for Saddam denied bail
Israel posts video of Gaza air strikes on YouTube
US, UN, EU and Russia urge immediate Gaza truce
Builders unearth 18th century galleon in Argentina | International |
Anxiety, satisfaction in Israel over Gaza assault
Ten in a million: contest offers free trips to Obama inauguration
Iranian leader presents bill to cut subsidies
Israel mulls brief truce but warns assault could last weeks
Analysis: Gaza assault seemed inevitable
Singapore Air eyes unpaid leave for pilots -paper
New Zealand win toss, bat first against West Indies
Online holiday sales fall 3 percent | Technology |
Singapore bank lending fell 1 pct in Nov from Oct
Loser rejects results in Bangladesh's election
Quake strikes off Indonesia's Sumatra island: seismologists
Hundreds in Mich., NYC protest strikes on Gaza
Mexico, US set extradition records in 2008
Pennsylvania Firefighters Pull Puppy Out From Well With Vacuum Cleaner
US Embassy in Brazil receives suspicious package
Wall Street Rallies Despite Record Low Confidence
Bush calls Abbas to discuss Gaza
US concerned by detention of academic in Iran
Defiant governor fills Obama's senate seat despite graft scandal
Rapper DMX headed for jail on drug, cruelty charge | Entertainment |
Australia another letdown for Nicole Kidman | Entertainment |
Robert Plant and Terry Pratchett win UK honors | Entertainment |
Broadway to dim lights for Harold Pinter | Entertainment |
Madonna, Celine Dion top worldwide tours in 2008 | Entertainment |
Schwarzenegger's The Terminator is back. Forever | Entertainment |
Country Music shrine to keep historic instruments
Two Titanic passengers' letters to be auctioned
Rapper DMX pleads guilty to drug, theft charges
Americans stay away from TV on holiday week
Man charged in Hudson killings appears in court
NYE minus VIP equals partying at home for many
Actors Bacon, Sedgwick among Madoff victims
Dick Clark, 79, is still rockin' New Year's Eve
Gary Coleman has habit of police involvement
Firefighters Use Vacuum Cleaner To Rescue Puppy Trapped In Well
NATO, US forces say 17 militants killed in Afghanistan
Gaza quieter after days of heavy assaults | International |
Iraq and UK agree to let troops stay until July | International |
Protesters worldwide keep up pressure over Gaza
Britain hunting lovelorn beaver
Canada seeks access to detained Iranian-Canadian blogger
SKorea considers expanding rebuilding role in Afghanistan: report
Zimbabwe court keeps 16 activists in jail over alleged plot
S.Korea to press North for talks, seeks U.S. help | International |
First New Zealand-West Indies ODI abandoned
Pro-Thaksin camp vows more Thai protests in 2009 | International |
Defiant governor fills Obama's senate seat despite graft scandal
China reiterates no room for Taiwan sovereignty | International |
Bangladesh poll winner Hasina says will share power | International |
US charges second man for secretly aiding Saddam
Oil prices end tumultuous year below 40 dollars
China dairy boss delayed reporting quality issues
US military deaths in Afghanistan region at 559
S.Korea inflation dips, c.bank vows to focus on growth
China's Hu calls for military exchanges with Taiwan
US military deaths in Iraq war at 4,219
NKorea to hold elections next year for post-Kim era: report
Li, China Netcom sweeten PCCW privatization offer
Foreign funds fuel Taiwan dollar gains at end-2008
Sri Lankan rebels open to peace talks
Dell preparing senior management changes: report | Technology |
Sri Lanka says 12 Tigers killed as troops close in on rebel town
Atheist Group Sues Government To Block Prayers In Presidential Inauguration
RPT-GLOBAL MARKETS-Grimmest of years ends with touch of hope
FDA Gives Nod To New Prostate Cancer Drug
Former dairy boss tried over China tainted milk scandal
New York Man Pleads Guilty To Aiding Hezbollah
China's Hu urges closer ties with rival Taiwan
Gunman Kills Manager At Colorado Ski Resort, Dies Later In Firefight With Cop
Malaysia central bank says more stimulus measures may be needed
Singer Bjork turns venture capitalist | Entertainment |
Former spy cleared of Indonesian activist's poison murder
Nazi dramas test box office waters | Entertainment |
Kevin Bacon among latest hurt in Madoff scheme: reports | Entertainment |
Investors tuned out of radio stocks in 2008 | Entertainment |
Cable makes big headlines in 2008 | Entertainment |
Norway prepares to punish sex purchasers, at home and abroad
Jet Fuel-Jathropa Oil Mix Powers Air New Zealand Flight
Woody Harrelson weds longtime love in Maui
MLB Network gearing up for New Year's Day launch | Entertainment |
Atheists Sue To Prevent Prayer, Oath To God In Obama Inauguration
Plane Partly Fueled By Vegetable Oil Flies In New Zealand
Vulnerable Israeli homefront rethinks withdrawals
Pakistani investigators find Mumbai link: report | International |
Volunteer Iranian bombers ask to go to Israel
Bomb blast at Basque TV headquarters after ETA alert: police
Pakistani helicopters attack militants in Khyber | International |
Gazprom accuses Ukraine of 'blackmail' on gas transit: Gazprom
China dairy boss pleads guilty in melamine case | International |
Muted New Year festivities in India, Mumbai quiet | International |
Zimbabwe court keeps activists in custody | International |
Report on climate change effects on S’pore expected in 2009
Vietnam economic growth slows to lowest rate since 1999: govt
Singapore Flyer may resume operations in few days if given go—ahead
World stocks end wretched 2008 with modest rally
Protesting South Korean lawmakers form human chain
Oil prices end volatile year below 40 dollars
Dell says President Mike Cannon to retire | Technology |
UBS sells 3.4 billion share stake in Bank of China
Oil prices end volatile year below 40 dollars
Serial cashcard thief nabbed
HK stocks gain slightly, end year down 48 percent
Singapore PM: 2008 growth below forecast, grim outlook
Taiwan exchange expects 2009 IPOs to double to 18
Philippines braces for bloody New Year's
Central Florida Police Uncover Missing Person In Charred Remains Of Vehicle
China approves long-delayed 3G mobile licenses
Bangladesh election winner urges loser to concede
Pakistan's 6-mth T-bill cut-off yield eases
Cambodian court releases alleged killers of union boss
Sri Lanka offers stimulus package to ride out global recession
Japan PM Aso tells Israel's Olmert to stop bombings
India coast guard retrieving bodies of immigrants
Report on climate change effects on S’pore expected in 2009
Flatley dances again thanks to Irish energy healer | Entertainment |
Hollywood woos Colombia for hostage rescue film
Peace and calm for 2009, but not economic recovery: soothsayers
Hollywood woos Colombia for hostage rescue film
Lee-hom falls prey to Diva
Ryoko Hirosue goes nude for new movie
Four Princes back at "One Million Star" as co-hosts
Chew Chor Meng faces off with rare disease
New Year's Eve Revelry Injures 165 So Far In Philippines
U.S. vacates Baghdad palace ahead of handover | International |
Bombs kills six in northern Iraq
Amid worries, Cuba to mark 50 years of revolution | International |
Ukraine PM heads to Moscow for gas crisis talks: government
Matt Dillon Arrested For Speeding In Vermont
Mia Farrow's Adopted Daughter Lark Previn Dies
Gazprom warns of 'danger' to Europe gas supply
NASA describes final moments of Columbia tragedy
Guinea junta woos neighbors to avoid isolation | International |
World stocks end wretched 2008 with modest rally
Report on climate change effects on Singapore expected in 2009
Log on to make resolutions to help others in 2009 | Technology |
China to boost railway spending by 80 percent
Facebook ban of breast-feeding photos sparks protests | Technology |
A look at violence numbers in Afghanistan in 2008
U.S. Unemployment Claims Fall In Latest Week
Record 151 US troops die in Afghanistan in 2008
White House Getting Nervous Over Effects Of Prolonged Israel Campaign In Gaza
Pakistani confesses to Mumbai attacks: official
South Florida Veterans Group Declares State Of Emergency For Homeless Veterans After Two Homeless Military Vets Killed
Pakistan kills 3 in Afghan supply route operation
White House Site For Wednesday Vigil For Groups Opposed To Israel's Attacks In Gaza
China dairy boss delayed reporting quality issues
Obama Family Moving To Washington Hotel This Weekend
Record Sydney crowd gets New Year party started
China, Vietnam settle long-disputed land border
China calls for military exchanges with Taiwan
S’pore economy grew 1.5% in 2008, next year’s prospects appear difficult
Sydney welcomes New Year with fireworks spectacular
You could party with a rock star on New Year's Eve
China Reveals It Will Begin Issuing 3G Licenses For Telecom Industry
Major Security Flaw Uncovered With Internet Protection Protocol
Actor Matt Dillon charged with speeding in Vermont
Playwright Harold Pinter buried in London
Norway: Date set for Amy Winehouse drug appeal
You could party with a rock star on New Year's Eve
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01