Door-to-Door Search for Suspected Cop Killer

More than 100 police officers were going door-to-door and searching for new tracks in the snow in the hopes of catching suspected cop killer Christopher Dorner overnight in Big Bear Lake, Calif., before he strikes again as laid out in his chilling online manifesto.

Police held a news conference late Thursday, alerting the residents near Big Bear Lake that Dorner was still on the loose after finding his truck burning around 12:45 p.m. local time.

San Bernardino County Sheriff's spokeswoman Cindy Bachman said the authorities can't say for certain he's not in the area. More than half of the 400 homes in the area have been searched by police, who are traveling in two-man teams. Bachman urged people in the area to not answer the door, unless you know the person or law enforcement in uniform.

After discovering Dorner's burning truck near a Bear Mountain ski resort, police discovered tracks in the snow leading away from the vehicle. The truck has been taken to the San Bernardino County Sheriffs' crime lab.

Read More About Chris Dorner's Allegations Against the LAPD

Bachman would not comment on Dorner's motive for leaving the car or its contents, citing the ongoing investigation. Police are no aware of Dorner having any ties to others in the area.

Christopher Dorner: Ex-Cop Wanted in Killing Spree Watch Video

Engaged California Couple Found Dead in Car Watch Video

She added that the search in the area would continue as long as the weather cooperates. However, a snowstorm was forecast for the area. About three choppers were being used overnight, but weather conditions were deteriorating, according to Bachman.

Dorner, a former Los Angeles police officer and Navy reservist, is suspected of killing one police officer and injured two others Thursday morning in Riverside, Calif. He was also accused of killing two civilians on Sunday. And he allegedly released an angry "manifesto" airing grievances against police and warning of coming violence toward cops.

In the manifesto Dorner published online, he threatened at least 12 people by name, along with their families.
"Your lack of ethics and conspiring to wrong a just individual are over. Suppressing the truth will leave to deadly consequences for you and your family," Dorner wrote in his manifesto.

One passage from the manifesto read, "I will bring unconventional and asymmetrical warfare to those in LAPD uniform whether on or off duty."

"I never had the opportunity to have a family of my own," it read. "I'm terminating yours."

Hours after the extensive manhunt dragged police to Big Bear Lake, CNN's Anderson Cooper said Dorner had sent him a package at his New York office that arrived on Feb. 1, though Cooper said he never knew about the package until Thursday. It contained a DVD of court testimony, with a Post-It note signed by Dorner claiming, "I never lied! Here is my vindication."

PHOTOS: Former LAPD Officer Suspected in Shootings

It also contained a keepsake coin bearing the name of former Los Angeles Police Chief William J. Bratton that came wrapped in duct tape, Cooper said. The duct tape bore the note, "Thanks, but no thanks Will Bratton."

Bratton told Cooper on his program, "Anderson Cooper 360," that he believed he gave Dorner the coin as he was headed overseas for the Navy, Bratton's practice when officers got deployed abroad. Though a picture has surfaced of Bratton, in uniform, and Dorner, in fatigues, shaking hands, Bratton told Cooper he didn't recall Dorner or the meeting.

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Facts? Shmacts. It's only a movie

STORY HIGHLIGHTS

• Gene Seymour: "Lincoln" error on emancipation vote shines light on how films tell history


• He says Oscar chances for "Argo," "Zero Dark Thirty" may be hurt after facts questioned


• He says films have long gotten history wrong but are useful in showing society's perceptions


• Seymour: It's art, not history, sometimes a vision, something we wish had been or could be

Editor's note: Gene Seymour is a film critic who has written about music, movies and culture for The New York Times, Newsday, Entertainment Weekly and The Washington Post.

(CNN) -- Everyone's a critic; I get that. But does everyone have to be a historian, too?

What audiences perceive as their inalienable right to challenge the accuracy and authenticity of movies seems to get much more exercised before the Academy Awards than at any other time of the year.

The latest challenge came Tuesday from Rep. Joe Courtney of Connecticut, who said Steven Spielberg's "Lincoln" misrepresented the way his predecessors in the 1865 House of Representatives voted on the 13th Amendment banning slavery. Courtney looked it up online and found in his research that all four Connecticut representatives voted for the amendment -- the movie shows two voting against. So in a letter to Spielberg's DreamWorks production office in Los Angeles, he asked DreamWorks for some form of correction. (DreamWorks hasn't been heard from yet.)

Gene Seymour

The film, considered a favorite for a best picture Oscar, places the back-and-forth struggle over the amendment in the forefront of its depiction of the 16th president, played by Daniel Day-Lewis. Courtney, unlike most others who have complained about big-time Oscar contenders, isn't out to ruin anybody's chances. He says he likes everything else about the movie. He merely wants props restored to his home state. And he seems to have a good case.

But you can bet your annual subscription to US Weekly magazine that the chatterboxes who gossip about and/or handicap the Academy Awards are going to try using his complaint as further indication of "Lincoln's" slipping stature as a best picture shoo-in. Some of these pundits claim "Argo" is charging hard from behind since its unexpected wins at both the Golden Globes and Screen Actors Guild Awards.

And yet "Argo" has truthiness issues of its own. Director-star Ben Affleck even admitted before the movie's release last fall that his movie about the 1979 CIA rescue of State Department employees from Iran stretched certain details for dramatic effect. (Spoiler alert!) There was, for instance, no last-minute car chase on a Tehran tarmac as Americans tried to escape on a plane, and their check-in at the terminal wasn't in real life nearly the white-knuckle sequence of events you see in the film.

Others have said the movie misrepresents the Iranian people as completely unified in their support of the takeover of the U.S. Embassy. "Thirty-three million Iranians ... did not commit acts of murder and terrorism," Iranian commentator Kambiz Atabai wrote on The Daily Beast. "Thirty-three million Iranians did not chant 'Death to America!' or take Americans hostage."

But neither "Lincoln" nor "Argo" has reaped the whirlwind of criticism of Kathryn Bigelow's "Zero Dark Thirty" for its depiction of events leading up to the 2011 killing of Osama bin Laden. Even before its limited release in December, the movie couldn't be discussed without referring to those accusing the movie of glorifying waterboarding of suspected terrorists or, at best, misleading audiences into believing that such so-called "enhanced interrogation" played a key role in guiding the United States to bin Laden.

Whatever critics or defenders say, the dispute alone is enough to make academy voters skittish about rewarding something that causes so much trouble.

You have to wonder: What is the big deal?

None of these films are documentaries and thus do not have the same obligations to fact. Yet one could argue that taking too many liberties with real life (whatever that means) could distort for generations the true story; that, indeed, what is enhanced for dramatic purposes becomes what everyone believes is what actually happened.

It's not so cut and dried. Consider D.W. Griffith's 1915 "The Birth of a Nation," regarded as the first great American film epic, whose glorification of the Ku Klux Klan makes contemporary audiences uneasy at best, infuriated at worst. Despite protests by the NAACP and other civil rights organizations, audiences generally agreed with President Woodrow Wilson's purported assessment of the movie: "It's like history written with lightning."

But society can change perception of art over time to the point of neutralizing, even transfiguring its original intent. No one now mistakes Griffith's movie as anything close to historic fact, but it could still be seen as a representation of a racist viewpoint that once held sway over much of America

Then there is John Ford, the great American director of such classic westerns as "Stagecoach" (1939), "The Searchers" (1956) and "The Man Who Shot Liberty Valance" (1962). It was in the latter movie that Ford's aesthetic credo was put forth by a minor character, a journalist who discovers that the career-making triumph of a U.S. senator over an outlaw didn't happen as originally believed. The journalist chooses to keep things status quo. "This is the West, sir," he explains. "When legend becomes fact, print the legend." He might have added: "Because it makes a better story."

Or consider "My Darling Clementine," Ford's 1946 version of the Wyatt Earp saga. As the movie opens, the Earp brothers are herding cattle to Tombstone, Arizona, in 1882 when the youngest brother James is shot dead (in the back, of course) by the rustling Clanton family.

Three things, right off the bat are wrong: James was the eldest of the Earps, not the youngest, the Earp brothers never had any cattle either heading toward or ensconced within Tombstone's city limits and, though James' death is depicted as the spark that eventually led to the Earps' confrontation with the Clantons at the OK Corral, that famous gunfight actually occurred in 1881 -- if you're scoring, that's one year earlier. And the inaccuracies only begin there.

And yet the movie endures as one of Ford's best even after four movies about the same legend have been made, each claiming to be more faithful to historic fact than "Clementine." But "My Darling Clementine," a dream about a past that didn't exist, endures in collective memory. It may not be factual, but it's true to something; a vision, a state of mind, an aspiration to something we wish had been, or could be.

The most recent film about the legend, Lawrence Kasdan's "Wyatt Earp" (1994), is so faithful that you can barely remember anything about it.

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The opinions expressed in this commentary are solely those of Gene Seymour.

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'Light' sodas may hike diabetes risk: study

PARIS: Artificially sweetened sodas have been linked to a higher risk of Type 2 diabetes for women than sodas sweetened with ordinary sugar, a French study unveiled on Thursday found.

"Contrary to conventional thinking, the risk of diabetes is higher with 'light' beverages compared with 'regular' sweetened drinks," the National Institute of Health and Medical Research (Inserm) said.

The evidence comes from a wide-scale, long-term study, it said in a press release.

More than 66,000 French women volunteers were quizzed about their dietary habits and their health was then monitored over 14 years from 1993 to 2007.

The women were middle-aged or older when they joined the study - born between 1925 and 1950.

Sugar-sweetened sodas have previously been linked to an increased risk of diabetes, but less is known about their artificially sweetened counterparts - often promoted as a healthier substitute.

Researchers led by Inserm's Francoise Clavel-Chapelon and Guy Fagherazzi dug into the data mine to look at the prevalence of diabetes among women who drank either type of soda, and those who drank only unsweetened fruit juice.

Compared with juice-drinkers, women who drank both types of soda had a higher incidence of diabetes.

The increased risk was about a third for those who drank up to 359 millilitres (12 US ounces) of soda per week, and more than double among those who drank up to 603 ml (20 ounces) per week.

Drinkers of light sodas had an even higher risk of diabetes compared to those who drank regular ones: 15 percent higher for consumption of 500 ml (16.9 ounces) per week, and 59 percent higher for consumption of 1.5 litres (50 ounces) per week, Inserm said.

The study found no increase in diabetes among women who drank only 100-percent fruit juice, compared with non-consumers.

The authors noted that women who drank "light" sodas tended to drink more of it - 2.8 glasses a week on average compared to 1.6 glasses among women on "regular" sodas.

The findings are published in the latest issue of the American Journal of Clinical Nutrition.

Its authors admitted the study had limitations.

"Information on beverage consumption was not updated during the follow-up, and dietary habits may have changed over time," the paper said.

"We cannot rule out that factors other than ASB (artificially sweetened beverages)... are responsible for the association with diabetes."

The study took account of the women's age and corpulence, but did not keep close track of their eating habits during the study period.

The authors also pointed out that obese people were more likely than thin ones to drink artificially sweetened drinks in the first place.

Fagherazzi told journalists on Thursday the evidence was not sufficient "to advise people to stop consumption of one or the other type of drink" - urging further trials to prove a causal link.

The paper noted previous research which had showed that aspartame - for long the most used artificial sweetener - has a similar effect on blood glucose and insulin levels as the sucrose used in regular sweeteners.

According to the World Health Organisation, 347 million people worldwide have diabetes, a chronic disease which occurs when the pancreas does not produce enough glucose-controlling insulin, or when the body cannot efficiently use it.

Type 2 diabetes, other than Type 1 which starts in childhood and requires insulin treatment, often results from excess body weight and physical inactivity.

Over time, the disease can damage the heart, blood vessels, eyes, kidneys, and nerves - increasing the risk of heart disease, kidney failure, stroke and blindness.

- AFP/de

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2 dead; cops targeted; manhunt spreads across LA

By CNN Staff

updated 9:27 AM EST, Thu February 7, 2013

Christopher Jordan Dorner, 33, is a former Los Angeles police officer who police say shot at least two officers, killing one.

STORY HIGHLIGHTS

• NEW: An ex-cop allegedly threatened "unconventional and asymmetrical warfare"


• Police are seeking Christopher Jordan Dorner in connection with shootings overnight


• One officer is killed and another wounded in Riverside, California, police said


• Dorner is also wanted in a double murder Sunday in Irvine

(CNN) -- A former Los Angeles police officer who police say has violently threatened his former colleagues shot at least two officers early Thursday, killing one, sparking a huge manhunt in Southern California, according to authorities.

Christopher Jordan Dorner, 33, is also wanted in a double slaying Sunday in Irvine, California.

The California Highway Patrol issued an alert Thursday morning urging officers in several Southern California counties to be on the lookout for Dorner after the overnight shootings.

Two officers in Riverside were shot, one fatally, police there confirmed to CNN. CNN affiliate KTLA reported another officer was shot in Corona, California.

Irvine police identified Dorner on Wednesday as the suspect in the February 3 deaths of Keith Lawrence and Monica Quan in Irvine.

Dorner also has made violent threats against other Los Angeles police officers, the agency said Wednesday.

"I will bring unconventional and asymmetrical warfare to those in LAPD uniform whether on or off duty," Dorner allegedly wrote in a lengthy letter promising retribution against the department, where he worked from 2005 until 2008. An LAPD source provided the document to CNN.

The letter writer claimed he was terminated for reporting excessive force by a fellow officer, and said his attacks were retribution for his termination, as well as a culture of racism and violence he says continues within the department.

He called the attacks against police "a necessary evil that I do not enjoy but must partake and complete for substantial change to occur within the LAPD and reclaim my name."

Los Angeles police warned people who encounter Dorner not to approach him, saying he is likely "armed and extremely dangerous."

"Our department is implementing all measures possible to ensure the safety of our LAPD personnel, their families and the Los Angeles community, and will continue to do so until Dorner is apprehended and all threats have been abated," police said in a statement.

CNN's Mallory Simon and Deanna Hackney contributed to this report.

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Blizzard could dump 2 feet of snow in New England

CONCORD, N.H. A blizzard heading to New England could make travel nearly impossible and dump up to 2 feet of snow on a region that has seen mostly bare ground this winter.

The snow will start Friday morning, with the heaviest amounts dumped on the region that night and into Saturday as the storm moves through New England and upstate New York, the National Weather Service said.

CBS News weather consultant David Bernard said Wednesday that New York may possibly get snow in the six to 10-inch range. He added that it's a little bit early and that the storm is really going to crank as we go Friday into Friday night.

A blizzard watch for parts of Massachusetts and Rhode Island said travel may become nearly impossible because of high winds and blowing snow.

"This has the potential for being a dangerous storm, especially for Massachusetts into northeast Connecticut and up into Maine," said Louis Uccellini, director of the weather agency's National Centers for Environmental Prediction.

Uccellini, who has written two textbooks on northeastern snowstorms, said Wednesday it was too early to tell if the storm would be one for the record books. But he said it will be a rare and major storm, the type that means "you can't let your guard down."

The storm would hit just after the 35th anniversary of the historic blizzard of 1978, which paralyzed the region with more than 2 feet of snow and hurricane force winds from Feb. 5-7.

No one is wishing for a repeat, but skiers, snowmobilers and other outdoor enthusiasts were hoping for just enough snow to turn around a disappointing season.

The snowmobile season in northern New England started off strong, but after rain and warm temperatures last month, many trails in Maine turned essentially to thick sheets of ice, said Maine Snowmobile Association Executive Director Bob Meyers.

Play Video

Blizzard on the way

"People got a taste of it, and there's no question they want some more," he said.

Nearly all of Vermont's snowmobile trails opened after Christmas but riding lately has been limited to hard-to-reach mountain areas. Riders hope this week's storm will bring enough snow to cover bare and icy patches.

"I'd say maybe 75 percent of the trail system may be back up and running if we got a good 8-inch storm," said Matt Tetreault, trails administrator for the Vermont Association of Snow Travelers.

Thanks to the ability to make their own snow, the region's larger ski resorts aren't as dependent on natural snowfall, though every bit helps. At Mount Snow in Vermont, spokesman Dave Meeker said the true value of Friday's storm will be driving traffic from southern New England northward.

"It's great when we get snow, but it's a tremendous help when down-country gets snow," he said. "When they have snow in their backyards, they're inspired."

Assuming the snow clears out by the weekend with no major problems, ski areas in Massachusetts also were excited by the prospect of the first major snowstorm they've seen since October 2011.

"We'll be here with bells on," said Christopher Kitchin, inside operations manager at Nashoba Valley Ski Area in Westford, Mass. "People are getting excited. They want to get out in the snow and go snow-tubing, skiing and snowboarding."

Tom Meyers, marketing director for Wachusett Mountain Ski Area in Princeton, Mass., said that at an annual conference of the National Ski Areas Association in Vermont this week, many participants were "buzzing" about the storm. He said the snow will arrive at an especially opportune time — a week before many schools in Massachusetts have February vacation.

"It is perfect timing because it will just remind everybody that it is winter, it's real, and get out and enjoy it," Meyers said.

Still that may be too late for Michael Amarello, director of the Horse Hill 7K snowshoe race, which is scheduled for Saturday in Merrimack, N.H. He said Wednesday that he hadn't yet decided whether to postpone the race, but was leaning in that direction. Race organizers wouldn't have time to mark the course if it's snowing hard Friday afternoon, he said.

"We want snow, but we don't want snow Friday night — we want snow today or tomorrow!" he said.

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Bring drones out of the shadows

STORY HIGHLIGHTS

• John Brennan's confirmation hearing is a chance to ask about drone program, author says


• Sarah Holewinski: Brennan is one of a few officials who knows full story on drones


• She says senators need to ask about damage drone program does to civilians, U.S. reputation


• Holewinski: CIA should hand over drone program to Defense Department

Editor's note: Sarah Holewinski is executive director of the Center for Civilians in Conflict, which advocates protections for civilians affected by armed conflict. She was a member of the White House AIDS policy team in President Bill Clinton's second term.

(CNN) -- The president's pick for CIA director -- John Brennan -- is one of a handful of U.S. officials who understands America's covert drone campaign inside and out.

Nearly everyone else is in the dark about the whos, wheres and whys of the program, including most members of Congress. But Brennan is also one of the few U.S. officials who's stood in front of a public audience and tried to explain the targeting of terrorists outside recognized battlefields. And while overseeing a massive use of lethal force, Brennan is also known inside the administration as a moderating voice in the fight against terrorism.

Sarah Holewinski

The fact is, Brennan's personal views are as opaque as the drone campaign itself. He may assume leadership of the CIA and decide a clandestine agency should not conduct what is an obvious military operation (a stance I and many others would fully support); after all, a veteran of the CIA may believe the agency should get back to gritty intelligence gathering.

Or, maybe Brennan believes that when it comes to the fight against al Qaeda, the public and its Congress should trust the executive office to protect the American people by whatever means it sees fit.

One way or the other, this week's Senate confirmation hearings should be an opportunity to bring Brennan's views out of the shadows, along with the basic attributes and justifications of the covert drone campaign. The man, the machine and the policy are inextricably linked.

Bergen: John Brennan, America's drone warrior

U.S. officials have consistently claimed that offering too many details about the covert drone program could threaten national security. Fair enough; some classification for national security is understandable. But the secrecy surrounding covert drone use is unduly excessive and not in keeping with the transparent government President Barack Obama promised.

Since the bulk of Brennan's hearing will be behind closed doors, the Senate Select Committee on Intelligence has no reason to shy away from asking tough questions about the drone program. It matters that Congress is there to represent the American people. On their behalf, Congress has a duty to ensure the use of lethal force beyond our borders is being considered and carried out responsibly, with due consideration for the harm it may inflict on civilian populations.

Talk Back: Should U.S. be able to kill American terrorist suspects without trial?

Senators might ask a very basic question to Brennan, one that is seldom clearly answered by the administration: "What impact is the drone campaign against al Qaeda and its associates having?"

John Brennan, President Barack Obama's choice for CIA director, has been deeply involved in the U.S. drone program.

This is a fundamental question of accountability any U.S. official involved in setting or carrying out counterterrorism policy should be able to answer. That answer may describe a dwindling kill list, but it must also put forward facts about what impact drones are having on civilians living under them.

U.S. armed forces in Afghanistan and Iraq learned that the positive or negative impacts of an operation on the local population are an important metric of mission effectiveness. Commanders worked hard to reverse anti-American sentiment caused by a seemingly callous U.S. attitude toward civilian deaths and injuries. In the case of counterterrorism operations, palpable anger toward America would be antithetical to the goal of decreasing the number of terrorists and those who support their cause.

As it stands, it's unclear whether anyone, including Brennan, knows what negative consequences are emerging on the ground because of remote drones.

Rather, claims of low civilian casualties and drone precision capabilities paint a picture of extreme effectiveness in taking out terrorists while sparing civilians. It's true that a drone is precise, meaning it will hit what it is aimed at -- a building, a bunker or a person. But there are valid concerns about whether the target hit is the right one.

Opinion: When are drone killings illegal?

Remote drones likely rely on sources that may be questionable such as video and cell phone intercepts to identify a target. Civilians may be mistakenly targeted as combatants and counted as such because there are no ground troops to conduct a battle damage assessment, interview witnesses or properly identify bodies.

Civilians may also get caught up in so-called "signature strikes" in which operators target individuals based on behavior, not on known identity. This is legally questionable but also has real ramifications for civilians living under drones.

If a civilian in Pakistan doesn't know what behavior makes him a target for U.S. drones, he cannot fully protect himself and his family. If a drone harms his family, even mistakenly, our research shows they won't receive an apology, explanation or any help from the United States. Certainly there will be no love lost for America.

Any deaths and injuries are compounded by psychological trauma, displacement and fear and suspicion among neighbors. One Pakistani told us, "We fear that the drones will strike us again. ... My aged parents are often in a state of fear. We are depressed, anxious and constantly remembering our deceased family members."

Gen. Stanley McChrystal, the former commander of international forces in Afghanistan, recently noted, "What scares me about drone strikes is how they are perceived around the world. ... (T)he resentment created by American use of unmanned strikes ... is much greater than the average American appreciates. They are hated on a visceral level, even by people who've never seen one or seen the effects of one."

The drone program needs to come out of the shadows, with explanations about who is a civilian, who is a target, and how drone operators distinguish between the two.

The CIA should get out of the drone operation business, handing it over to the Defense Department, which has a culture of learning lessons, accountability to Congress and a new openness about civilian protection after 10 years of war in Afghanistan and Iraq.

Drone operators should be trained in civilian protection best practices, and any civilian harmed should receive recognition and help for their losses, in accordance with the values American policymakers have espoused about humanity even during times of war.

The Senate may confirm Brennan as head of the CIA. It should also confirm where he stands on government accountability for lethal force and the CIA's role in the remote drone program.

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The opinions expressed in this commentary are solely those of Sarah Holewinski.

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Royal Bank of Scotland fined US$612m to settle Libor probe

LONDON : State-rescued Royal Bank of Scotland will pay fines totalling US$612 million (453 million euros) to US and British regulators to settle allegations of Libor interest rate rigging, it announced on Wednesday.

RBS is the third bank to admit its part in the Libor affair after British rival Barclays and Swiss lender UBS.

The investigations uncovered "wrongdoing" by 21 employees, predominantly in relation to the setting of the bank's yen and Swiss franc Libor submissions between October 2006 to November 2010, the bank said.

RBS added it had been fined US$325 million by the US Commodity Futures Trading Commission, US$150 million by the US Department of Justice (DoJ) and US$137 million by Britain's Financial Services Authority.

The bank has also entered into a deferred prosecution agreement with the DoJ, in relation to one count of wire fraud relating to Swiss franc Libor and one count for an antitrust violation relating to yen Libor.

RBS Securities Japan Limited has agreed to enter a plea of guilty to one count of wire fraud relating to Yen Libor, it added in the statement.

British finance minister George Osborne condemned the "totally unacceptable" behaviour at the bailed-out bank and insisted the taxpayer would not pick up the bill.

"Those responsible will face the full force of the law," Osborne told reporters.

The Edinburgh-based lender was rescued with taxpayers' cash at the height of the global financial crisis.

John Hourican, chief executive of the bank's Markets and International Banking division, is meanwhile to leave RBS and will forfeit his 2012 bonus and long-term incentive shares.

"This is a sad day for RBS, but also an important one in continuing to put right the mistakes of the past," Royal Bank of Scotland chairman Philip Hampton said in the statement.

"That is why those responsible have left the organisation or been subject to disciplinary action."

RBS said its derivative traders sought to influence the bank's yen and Swiss franc Libor setters over the four-year period.

"Two RBS traders based in London colluded with other banks and brokers in making and receiving requests for higher and lower" rates, it said.

The total fines handed down to RBS are more than those handed last year to Barclays for attempted Libor rate-rigging, but less than the amount paid by UBS for similar offences.

Libor, or London Interbank Offered Rate, is a flagship instrument used all over the world, affecting what banks, businesses and individuals pay to borrow money. Euribor is the eurozone equivalent.

Libor is calculated daily, using estimates from banks of their own interbank rates, and affects the pricing of more than $300-trillion of contracts across the world, according to British regulator, the Financial Services Authority.

But the system has been found to be open to abuse, with some traders lying about borrowing costs to boost trading positions or make their bank seem more secure -- seriously damaging the reputation of the 'City of London' financial centre.

At Swiss bank UBS, two former employees were charged in December when the group's Securities Japan unit settled similar allegations with US and British authorities for US$1.5 billion, the biggest amount to date.

The British government owns most of RBS after a massive bailout of the bank and there is considerable pressure for senior bank executives to take responsibility for the Libor crisis.

Barclays bank in June agreed to pay about US$450 million in connection with the affair, which led to the resignations of three Barclays senior board members, including chief executive Bob Diamond.

More than a dozen other institutions remain under investigation, while last October the British government announced plans to make it a criminal offence to manipulate Libor.

- AFP/ch

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France: 'Hundreds' of Islamists killed

From Antonia Mortensen, CNN

updated 9:26 AM EST, Wed February 6, 2013

STORY HIGHLIGHTS

• France launched an offensive last month against militants in its former colony


• It says it has 4,000 French soldiers in Mali


• French troops are fighting alongside nearly 3,800 African soldiers

Read a version of this story in Arabic.

(CNN) -- A monthlong French offensive has killed "hundreds" of Islamist fighters in Mali, the French defense minister said, as his troops prepare to start withdrawing next month.

French Defense Minister Jean-Yves Le Drian gave the number of casualties to CNN affiliate BFM on Tuesday night. He did not offer additional details.

Read more: French leader makes jubilant trip to Mali

Hours earlier, France told the local Metro newspaper that it expects to begin withdrawing its troops out of Mali in March and leave African forces in control.

French Foreign Minister Laurent Fabius said despite the withdrawal, troops will continue operations to flush out militants in "some terrorist havens" in northern Mali.

Mali military battles Islamist insurgents

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At Mali's request, France launched the offensive against militants in its former colony last month. The ground-and-air campaign has sent Islamist fighters who had seized the northern region fleeing into the vast desert.

French President Francois Hollande visited Timbuktu last week, just days after French forces had freed the fabled city from Islamist militants.

Read more: Six reasons events in Mali matter

French-led troops now control Timbuktu and the city of Gao, along with a swath in between the two that was an Islamist stronghold for almost a year.

Troops are working to secure Kindal, the last major city under the grip of militants.

Over the past two days, sandstorms have hampered operations across the country.

Islamic extremists carved out a large portion of the north last year after a chaotic military coup.

They banned music, smoking, drinking and watching sports on television, and destroyed historic tombs and shrines in the region. World leaders feared that the al Qaeda-linked militants would turn the area into a terrorist haven.

France says it has 4,000 soldiers in Mali. Its troops are fighting alongside nearly 3,800 African soldiers, it said, a number expected to go up.

Read more: What's behind the instability in Mali?

CNN's Pierre Meilhan contributed to this report.

Part of complete coverage on

Conflict in Mali

updated 10:38 AM EST, Wed January 16, 2013

The world is responding to an uprising of Islamist militants, hoping to inject stability in a country once hailed as a model for democracy in Africa.

updated 5:51 PM EST, Thu January 24, 2013

Nima Elbagir talks with victims of war and displaced people from Gao now living in Mali's capital.

updated 6:20 AM EST, Thu January 17, 2013

After intense airstrikes against rebel strongholds, French ground forces are moving north to try to dislodge the fighters.

updated 11:13 PM EST, Mon January 28, 2013

Residents of Gao, Mali, celebrate their town's liberation from rebel rule.

updated 10:40 AM EST, Mon January 28, 2013

The offensive against Islamist militants gained further ground as French and Malian forces reportedly took control of the airport in ancient Timbuktu.

updated 1:27 PM EST, Tue January 15, 2013

France intervenes according to doctrine and the pragmatic parameters of circumstance, says the president of the Institut des Ameriques.

updated 6:07 PM EST, Mon January 14, 2013

CNN's Nima Elbagir reports on the conflict in Mali, how the country got to this point and what the international reaction means.

updated 5:36 AM EDT, Fri July 27, 2012

Islamic radicals linked to al Qaeda have seized northern Mali, and there are widespread concerns that the region could soon become a terrorist haven.

updated 10:25 PM EST, Fri January 25, 2013

Erin Burnett discusses al Qaeda involvement in the Algeria attack and how the U.S. will deal them in northern Africa.

updated 8:10 AM EST, Mon January 28, 2013

The United States is intensifying its involvement in Mali, where local and French forces are battling Islamic militants.

updated 7:33 PM EST, Mon January 14, 2013

CNN's Erin Burnett reports on the situation in northern Mali and its consequences for U.S. homeland security. Watch to find out more.

updated 5:08 PM EST, Sat January 12, 2013

French troops face fierce combat against Islamist militants in Mali and in Somalia during a failed rescue attempt.

updated 5:58 PM EST, Tue February 5, 2013

As Mali military braces against Islamist insurgents and French military strikes targeted Islamist rebels, both sides are determined to win.

updated 6:13 AM EDT, Wed July 4, 2012

The Old Mostar Bridge, the Buddhas of Bamiyan, and now the Timbuktu. Once again, culture is under attack, UNESCO's Irina Bokova writes.

updated 2:03 PM EST, Sun November 11, 2012

African leaders hold an emergency summit to discuss plans to rid Mali of Islamic extremists accused of atrocities.

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Sandy storm victims react to proposed home buyout

(CBS News) STATEN ISLAND, N.Y. - One hundred days ago, the Northeast was hit by a left hook from superstorm Sandy.

This week, New York Gov. Andrew Cuomo proposed spending $400 million to buy up and demolish thousands of those homes, so the property can be turned back into wetlands.

Homeowners have mixed feelings about the proposal.

For 11 years, Joe Monte worked two jobs and spent weekends renovating his Staten Island home. Weeks after he finished last fall, superstorm Sandy swept eight feet of water inside.

"I came into the house with paper towels and some Fantastic, and I stood in the middle of the room and called my wife and I told my wife, 'There's nothing to clean here, there's nothing to do. It's done,'" Monte said.

A picture of a house heavily damaged by superstorm Sandy on Staten Island, 100 days after the storm hit.

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CBS News

Monte welcomes Cuomo's proposal to buy up properties like his in flood-prone areas.

"This isn't my dream, the poison that's in this home, the destruction that took this neighborhood. How could you even stay here?" he said. "How could you even live in this neighborhood?"

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But about 30 miles away in Long Beach, N.Y., Fran Adelson plans to stay and rebuild. She, too, lost almost everything in the storm.

"We live here. This is where our homes are, this is where our children were raised, this is where our families are, this is where the businesses that we go to are," she said.

Fran Adelson

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CBS News

She believes the governor should be looking at ways to help people stay in their communities.

"We would rather see Cuomo spend the money on helping us rebuild than offering to buy people's property," Adelson said.

But Joe Monte says he's had enough. He's walking away.

"I hate that I lost neighbors in my neighborhood," he said. "Three people died in this neighborhood. I hate everything about it. I could never come back here ever again."

Gov. Cuomo's buyout proposal still has to be approved by the federal government. If it is approved, the governor's office says they won't force people to sell their property -- but those who do decide to stay would be offered grants to rebuild their homes.

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Lance Armstrong Under Criminal Investigation

Federal investigators are in the midst of an active criminal investigation of disgraced former Tour de France champion Lance Armstrong, ABC News has learned.

The revelation comes in stark contrast to statements made by the U.S. Attorney for Southern California, Andre Birotte, who addressed his own criminal inquiry of Armstrong for the first time publicly on Tuesday. Birotte's office spent nearly two years investigating Armstrong for crimes reportedly including drug distribution, fraud and conspiracy -- only to suddenly drop the case on the Friday before the Super Bowl last year.

Sources at the time said that agents had recommended an indictment and could not understand why the case was suddenly dropped.

Today, a high level source told ABC News, "Birotte does not speak for the federal government as a whole."

According to the source, who agreed to speak on the condition that his name and position were not used because of the sensitivity of the matter, "Agents are actively investigating Armstrong for obstruction, witness tampering and intimidation."

An email to an attorney for Armstrong was not immediately returned.

READ MORE: Lance Armstrong May Have Lied to Winfrey: Investigators

AP Photo/Bas Czerwinski, File

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Earlier Tuesday, during a Department of Justice news conference on another matter, Birotte was confronted with the Armstrong question unexpectedly. The following is a transcript of that exchange:

Q: Mr. Birotte, given the confession of Lance Armstrong to all the things --

Birotte: (Off mic.)

Q: -- to all thethings that you, in the end, decided you couldn't bring a case about, can you give us your thoughts on that case now and whether you might take another look at it?

Birotte: We made a decision on that case, I believe, a little over a year ago. Obviously we've been well-aware of the statements that have been made by Mr. Armstrong and other media reports. That has not changed my view at this time. Obviously, we'll consider, we'll continue to look at the situation, but that hasn't changed our view as I stand here today.

The source said that Birotte is not in the loop on the current criminal inquiry, which is being run out of another office.

Armstrong confessed to lying and using performance-enhancing drugs throughout his career in an interview with Oprah Winfrey.

READ MORE: Armstrong Admits to Doping

WATCH: Armstrong's Many Denials Caught on Tape

READ MORE: 10 Scandalous Public Confessions

Investigators are not concerned with the drug use, but Armstrong's behavior in trying to maintain his secret by allegedly threatening and interfering with potential witnesses.

Armstrong is currently serving a lifetime ban in sport handed down by the U.S. Anti-Doping Agency. He has been given a Feb. 6 deadline to tell all under oath to investigators or lose his last chance at a possible break on the lifetime ban.

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