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Tue January 7, 2014
Cold Temperatures Continue; Metro-North President to Retire
Governor Dannel Malloy is urging communities to open warming centers for those needing assistance. Officials with the Department of Transportation say they have crews out on the state's roads, but they're reminding motorists to drive with caution. By Wednesday afternoon, temperatures will rise into the 20s, and highs will be above 30 across most of the state by Thursday afternoon.
President of Metro-North to Retire
Metro-North president Howard Permut is stepping down. Permut has been facing a series of major issues with the railroad including train derailments and internal scandals. Permut says he plans to retire at the end of the month. His departure comes as the nation’s busiest railroad faces strict federal pressures to boost safety procedures. This comes after a high speed crash last month that killed four passengers.
Former State Republican Party Chair Dead at 72
Tom D’Amore, a former state Republican Party chairman and one of Connecticut's best known political advisers has died. DAmore worked closely with U-S Sen. Lowell Weicker. In addition to Weicker, D’Amore also worked for many independent candidates as a consultant.
Controversy Over Bridgeport Schools' Chief Resignation Date
Paul Vallas officially resigned as Bridgeport's schools superintendent, but he remains at odds with the school board over his departure date.Vallas told the board in a letter dated December 31 that his last day with the district will be March 1. The letter was received on Monday by the district office. The new school board expects Vallas to depart by February 7 -- two months after his verbal resignation was accepted. At issue is a request by Vallas for health insurance coverage through June.
Jury Selection Begins in Trial of SAC Capital Manager
Jury selection began Tuesday in the trial of Matthew Martoma, who's accused of insider trading. It's the latest court action in an investigation of the Connecticut-based hedge fund that has lasted for several years. Less than a month ago, a jury in the same New York courthouse convicted another SAC executive on similar charges. Michael Steinberg was the seventh executive from the hedge fund to be convicted.
Insider Trading Investigation