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Morning Brew: January 30, 2008

Posted by Sisi / January 30, 2008

Photo: "Valentine's day," by Midnight Poutine Flickr pooler kristina mayyy.

Your morning news roundup for Wednesday, January 30th, 2008:

Déja-vu?: Ex-Norbourg CEO Vincent Lacroix was sentenced to 12 years in prison for investment fraud yesterday. Judge Claude Leblond also fined Lacroix $225,000 for "grossly abusing" the confidence of 9,200 investors. The lawyer representing l'Autorité des marchés financiers (AMF), Éric Downs, is "very satisfied" with the decision. Last December, Lacroix was found guilty on 51 charges that ranged from forgery to manipulation of funds. He took $115 million from savings accounts.

The elderly are more likely to cause car accidents, according to a recent McGill study. The study found that those involved in car accidents had often consulted a doctor a short time before, presumably for a medical condition that might increase the risk of collision. Among all ages groups, those aged 65 and up have the highest collision rate per kilometer traveled. From 2001 to 2006, the number of accidents involving female drivers aged 75 and up rose 50 percent; for male drivers in the same age group, the increase was 17 percent. On the other hand, damage tends to be light because older drivers travel slower and over shorter distances.

What looks like an electric razor, plays MP3s, and lays a mean smackdown? The Taser C2 personal protection device, of course. Unveiled at this month's Consumer Electronics Show in Las Vegas, the device fits into a purse and comes in "fashion pink," "red-hot red," and leopard print. Taser International, the company behind the product, has sold over 161,000 consumer Tasers for $350 apiece since 1994. 60 percent of the clientele is female. In Canada, personal ownership of Tasers is illegal. This reflects different mentalities, according to a sociologist at Carleton U. Controversy over Tasers erupted when Polish immigrant Robert Dziekanski died after a confrontation with RCMP officials at Vancouver International Airport last fall.



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