Film defrocks church hierarchy over handling of sex abuse

NEW YORK (Reuters) – Four deaf Wisconsin men were some of the first to seek justice after suffering childhood sexual abuse at the hands of a priest, and a new documentary about the Catholic Church‘s poor handling of such cases stemming from the Vatican seeks to make their voices heard.

“Mea Maxima Culpa: Silence in the House of God” explores the impact of the Roman Catholic Church’s protocol as dictated from the Vatican for dealing with pedophile priests. It opens in U.S. cinemas on November 16, and will air on cable channel HBO in February.

Though American media coverage about child sex abuse by clergy has been extensive since a slew of cases came to light in Boston in 2002, Oscar-winning documentary director Alex Gibney wanted to connect individual stories with what he sees as systemic failures stemming from the top of the church.

“A lot of individual stories had been done about clerical sex abuse, but I hadn’t seen one that really connected the individual stories with the larger cover-up by the Vatican, so that was important,” Gibney told Reuters in an interview.

The film centers on the group of deaf men and their experiences as young boys attending St. John’s School for the Deaf in St. Francis, Wisconsin.

In a letter to the Vatican in 1998, the late Rev. Father Lawrence Murphy admitted abusing some 200 deaf boys over two decades beginning in the 1950s.

Murphy claimed he had repented, and asked to live out his last years as a priest, and was never defrocked or punished by civil authorities. He died in 1998.

In the film, the men communicate their frustrating attempts to bring their experiences to the attention of religious and civil authorities with effusive sign language and facial expressions, paired with voiceovers by actors such as Ethan Hawke.

The film also traces a convoluted bureaucracy – right up to the cardinal who is now Pope Benedict – to reveal a set of policies that the film portrays as often seeming more interested in preserving the Church’s image.

STRUGGLING TO BE HEARD

“These were deaf men whose voices literally couldn’t be heard, so there was a silence from them, and there was also this silence coming from the church, a refusal to confront this obvious crime, in part because they were covering it up,” said Gibney.

The Vatican has denied any cover-up in the Murphy case and in 2010 issued a statement condemning his abuse. It has criticized media reports about the Church’s handling of the cases as anti-Catholic.

Contrasting that, the film shows interviews with former church officials who talk openly of church policies to handle cases by “rehabilitating” abusive clergymen and snuffing out scandal.

Gibney said that all of the Vatican officials he contacted declined his interview requests.

Raised Catholic himself, Gibney no longer practices organized religion, but empathizes with Catholics who feel a sense of loyalty to the religion’s institutions and acknowledges that criticism of the church can feel like a personal attack.

“Mea Maxima Culpa,” a Latin phrase meaning “my most grievous fault” focuses on the failures of the Catholic Church‘s hierarchy. But Gibney – who won an Oscar for “Taxi to the Dark Side” – said the film’s theme transcends religion and is also relevant for secular institutions.

“This is obviously about the church, but it’s also a crime film,” he said. “It’s about abuse of power and it’s about how institutions instead of reckoning with problems try to cover them up. It’s always the cover-up that creates the problem.”

He cited the Jerry Sandusky sex abuse scandal that rocked Penn State University recently, and the BBC’s poor handling of abuse allegations against the late British TV personality Jimmy Savile as examples of secular institutions brought low by similar issues.

“The thing about predators is that they tend to hide in plain sight,” Gibney said. “You’re seeing it now with Sandusky, you’re seeing it now with Jimmy Savile in Great Britain, and you saw it with Father Murphy in the film.”

Gibney thinks that the public’s stubbornly rosy perceptions of charismatic authority figures, including priests, is a major factor in such scandals.

“They’re often involved in charity or good works,” he said of high-profile abusers. “That seems to give you license to do unbelievable things because people cut you all sorts of slack that they wouldn’t normally do for other people.”

(Editing by Christine Kearney and Richard Chang)

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Novartis’ vaccines business gets chance to prove itself

ZURICH (Reuters) – The European Medicines Agency has thrown Novartis‘ loss-making vaccines business a lifeline by recommending its meningitis B shot for approval, which means the pressure is on to make the product a commercial success.

Novartis paid $ 5.1 billion to gain full control of U.S. vaccine maker Chiron Corp in 2006 in a major bet on vaccines designed to reduce its dependence on prescription drugs ahead of a wave of patent expiries.

But the division has gobbled up research and development cash with little return, making the European backing for its “MenB” vaccine Bexsero a key event.

“(It) will allow breathing space for management that has been under investor pressure to improve the outlook for the sub-scale vaccines division,” said Deutsche Bank analyst Tim Race.

Chief Executive Joseph Jimenez has stood by the division, saying he still believed it could be a “profitable and important part of the company.” But he has also denied that Novartis is “wed” to any of its units.

Diversifying into vaccines looked a good bet, given they are biological medicines that are less exposed to generic competition. Moreover, the world vaccine market is growing and expected reach $ 40 billion by 2015, according to the Centre for Vaccine Ethics and Policy.

But Novartis’ division has struggled to catch up with market leaders GlaxoSmithKline, Sanofi and Merck. It posted a $ 22 million operating loss in the third quarter – the only one of Novartis’ five units to be in the red.

PROBLEM CHILD

“You can say it’s the problem child of Novartis,” said Birgit Kulhoff, a money manager at private bank Rahm & Bodmer in Zurich. “2014 will be the year when they make the ultimate decision about what they’re going to do with the division.”

The European drug agency’s recommendation, which is likely to be formally endorsed early next year, is clearly good news – but it will not automatically translate into sales.

Bexsero’s success hinges on convincing cash-strapped government healthcare systems to add it to their vaccination programs – and that may not be easy, given the fact that MenB disease, while serious, is becoming rarer.

Bernstein analyst Tim Anderson, for example, forecasts 2020 sales of $ 700 million for the vaccine, a far cry from the multi-billion dollar sales potential heralded by some a few years ago.

Novartis’ head of vaccines Andrin Oswald said he was “quite confident” countries which have a high incidence of the disease, like Britain and Ireland, would add Bexsero to their programs, although he downplayed expectations of strong 2013 sales.

“We plan to start selling next year and then we expect the vaccine to start to ramp up nicely over the years,” Andrin Oswald told Reuters in a telephone interview on Friday.

Oswald disputed that there was a deadline hanging over the division, saying the business had come a long way, having already won approval for another meningitis vaccine Menveo and anticipating approval of its cell culture flu vaccine.

“If I look at our pipeline there are other promising products in there. It may take another few more years but I think as long as we deliver and bring good vaccines and innovation to the market we are on the right track.”

Oswald said Novartis was still in discussions with U.S. health regulators, where there was some skepticism about the public health need for a single MenB shot given the low disease incidence at present.

He said Novartis favored a possible combination shot of Bexsero with Menveo. “If the discussions go as we think we may be able to start Phase III (clinical trials) in a reasonable amount of time,” he said.

PROFITABILITY VS GROWTH

Some analysts are skeptical if the division will be able eke out a profit this year after racking up an operating loss of $ 291 million in the first nine months, despite seasonal flu sales.

“The unit barely breaks even on the back of the seasonal flu vaccine only,” said Vontobel analyst Andrew Weiss. “There’s a huge amount of expenses in R&D really in trying to get away from this seasonality and being a rounder business.”

Jefferies analyst Jeffrey Holford says Novartis could create more value if it were to divest the business – which also contains a diagnostics segment – in two separate parts.

A standalone vaccines business could fetch $ 6.3 billion, while disposing of the diagnostics business could bring in a further $ 1.3 billion, he argued in a September research note.

But Oswald said it took time to build up a vaccines business, arguing: “The key priority right now is not to make the business more profitable but to grow it.”

(Editing by Ben Hirschler and Jane Merriman)

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Wall Street cuts losses after constructive talk on fiscal cliff

NEW YORK (Reuters) – Stocks pared losses on Friday, with the Dow and the S&P 500 turning positive, after congressional leaders said their meeting with President Obama about the “fiscal cliff” was constructive.

The Dow Jones industrial average <.DJI> was up 15.59 points, or 0.12 percent, at 12,557.97. The Standard & Poor’s 500 Index <.SPX> was up 0.89 points, or 0.07 percent, at 1,354.22. The Nasdaq Composite Index <.IXIC> was down 3.98 points, or 0.14 percent, at 2,832.95.

(Editing by James Dalgleish)

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Canada’s Carney says rate hikes “less imminent”

TORONTO (Reuters) – Interest rate hikes have become less imminent than the Bank of Canada once expected, although rates are still likely to rise, central bank Governor Mark Carney said in an interview published on Saturday.

“Over time, rates are likely to increase somewhat, but over time, so a less imminent timing relative to our expectation,” Carney said in an interview with the National Post newspaper.

Canada’s economy rebounded better than most from the global economic recession, and the Bank of Canada is the only central bank in the Group of Seven leading industrialized nations that is currently hinting at higher interest rates.

But Carney has also made clear that there will be no rate rise for a while, despite high domestic borrowing rates that he sees as a major risk to a still fragile economy.

“We’ve been very clear in terms of lines of defense in addressing financial vulnerabilities,” he said in the interview. “And the most prominent one, obviously, in Canada, is household debt.”

He said the bank was monitoring the impact of four successive government moves to tighten mortgage lending, which aimed to take the froth out of a hot housing market without causing a damaging crash in prices.

A Reuters poll published on Friday showed the majority of 20 forecasters believe the government has done enough to rein in runaway prices, preventing the type of crash that devastated the U.S. market.

The experts expect Canadian housing prices to fall 10 percent over the next several years, but they do not expect the recent property boom to end in a U.S.-style collapse.

(Reporting by Janet Guttsman; Editing by Vicki Allen)

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Springsteen, McCartney, Kanye set for Sandy show

NEW YORK (AP) — Paul McCartney, Bruce Springsteen & the E Street Band and Kanye West will hit the stage at a Superstorm Sandy benefit concert next month at Madison Square Garden.

MSG announced Thursday that Billy Joel, The Who, Alicia Keys and Jon Bon Jovi will also perform at the Dec. 12 show, dubbed “12-12-12.” More performers will be announced at a later date.

Proceeds from the concert will go to the Robin Hood Relief Fund to benefit those affected by Sandy in New York, New Jersey and Connecticut. Sandy’s assault more than two weeks ago created widespread damage and power outages throughout the area.

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AcelRx pain treatment as effective as standard care in trial

(Reuters) – AcelRx Pharmaceuticals Inc said its drug-device combination for post-operative pain was at least as effective as the standard of care, suggesting it has the potential to replace the current treatment.

AcelRx plans to file for marketing approval for the device in the third quarter of 2013, Pamela Palmer, co-founder and chief medical officer of AcelRx said on a conference call with analysts.

The company’s stock jumped 42 percent to a year high of $ 4.55 in heavy volume trade on Thursday, making it the third biggest percentage gainer on the Nasdaq.

AcelRx tested its ARX-01 Sufentanil NanoTab patient-controlled analgesia (PCA) system against intravenous (IV) PCA with morphine on 359 adult patients in a late-stage study.

Initial data from the study also showed that the NanoTab System was significantly better than intravenous morphine.

In terms of the efficacy, ease-of-use and patient satisfaction, it was a great response, Guggenheim Partners analyst Louise Chen said.

“There are other pain drugs out there, but in terms of a drug-device combo like this, I am not currently aware of anything that’s out there or that is as far along as this, Chen said.

The treatment could bring in peak sales of $ 247 million in 2018. However, if the company’s ARX-01 technology replaces the standard therapy, peak sales could top $ 3 billion, Chen added.

Intravenous PCAs with morphine are commonly used on patients in hospitals to manage pain after a surgery. However, opioids such as morphine can cause side-effects such as nausea and vomiting, and also carry the risk of causing addiction.

“Given the significant shortcomings of intravenous morphine, we believe with superiority data from a sublingually administered analgesia will go a long way in creating strong demand and usage in the hospital setting,” Cowen & Co analyst Edward Nash wrote in a note.

AcelRx said its NanoTab device, which consists of a handheld system, provides a non-invasive and more mobile way of treating pain. Instead of morphine, the device administers sufentanil, another opioid that has relatively fewer side-effects and is already widely used in labor and cardiac surgeries.

The late-stage study tested ARX-01 Sufentanil NanoTab in patients who underwent major abdominal or orthopedic surgery.

AcelRx is testing the same device with different drugs in three other late-stage studies involving patients that have undergone other types of surgeries.

Analyst Nash said data released on Thursday improves the company’s chances of finding success with the other ongoing late-stage trials as well.

Analysts Chen and Nash both have a price target of $ 3.20 on AcelRx’s stock. Nash has an outperform rating on the stock, while Chen rates it a buy.

(Reporting by Zeba Siddiqui in Bangalore; Editing by Roshni Menon)

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The Coffee Bean’s Endangered Gene Pool

Is the world’s coffee supply threatened by global warming? A recently published scientific study concludes that as much as 99.7 percent of wild Arabica coffee—the bean that accounts for 70 percent of the global market– may fall victim to rising temperatures by 2080. Farmers will still be able to cultivate Arabica coffee–at least for a while–but the bean’s genetic pool will be severely reduced.

The study, conducted by scientists at the Kew Royal Botanic Gardens, in collaboration with Ethiopia’s Environment and Coffee Forum, focuses primarily on Ethiopia, considered to be the birthplace of coffee. Temperatures there have been going up by an average of almost 0.3 degrees per decade since 1960, according to Aaron Davis, head of coffee research at the Royal Botanic Gardens and one of the study’s authors. Soon, he says, ancient Arabica plants may not be able to survive. “It doesn’t take a scientist to realize, Hang on a minute, if coffee can only produce a good crop in a sort of 4-5 degree range, [steadily rising temperatures] could have a significant impact,” he says. The optimal temperature range for growing Arabica is 18–21°C (64–70°F).

The Kew study shows that wild Arabica beans in South Sudan and Kenya, which exist in smaller numbers than in Ethiopia, will also be impacted. In fact, Davis says the plants in South Sudan, which have been around for thousands of years, may be gone “in the next ten to twenty years.”

In recent days, some alarmist news articles have interpreted the Kew study to mean devastation for all the world’s coffee beans, and the imminent extinction of all lattes and cappuccinos. Davis is careful to point out that this is not the case. Farmers around the world will likely find ways to keep growing the strains of Arabica they already have. What’s at stake is Ethiopia’s wild Arabica, which Davis says is home to anywhere from 80 percent to 98.8 percent of the species’ gene pool. Preserving and transplanting those wild Arabica strains to other locales in mass quantities would be no small task.

If Arabica’s genetic diversity is wiped out, there will be big consequences. “The Arabicas grown in the world’s coffee plantations are from very limited genetic stock,” says Davis. “If you look at the history of coffee cultivation since the 1700s, what’s happened is the industry repeatedly goes back to Ethiopia to sort out its problems, whether they’re productivity issues, or simply taste – making a good cup of coffee –you have to have that genetic diversity, that gene pool, to go back to.”

Arabica is one of only two species of coffee, and accounts for nearly all sales at coffee shops and grocery stores. Robusta, the second species, which is harsher in flavor and contains more caffeine, is found mainly in soluble instant coffees. If climate change eradicates wild Arabica, and threatens commercial Arabica production, chances are we’ll be left drinking worse coffee, and perhaps a lot more Robusta. (In fact, soaring coffee prices may already have brands sneakily switching to inferior beans, according to food writer Oliver Strand.)

Coffee is the world’s favorite beverage and the second-most traded commodity after oil. In 2009/10, coffee accounted for an estimated $ 15.4 billion in exports and employed more than 26 million people around the world, according to the Kew study. But despite worldwide coffee demand – even obsession – there have been few peer-reviewed studies on coffee and climate change.  ”Although there are a lot of reports and anecdotal messages from farmers around the world who say they’re being impacted by climate change, there’s almost no peer-reviewed science behind those allegations,” says Davis. What’s needed, he says, is more research, as well as careful management of key areas, especially in Ethiopia.

Called for comment on the study, Starbucks sent only a statement saying, “our comprehensive approach to ethical sourcing – including farmer support centers, farmer loans, strong standards, and forest carbon programs – promote best practices in coffee production.”

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Beating tax cheats key to Italy’s recovery plan

ROME (AP) — Good plumbers may be worth their weight in gold, but when one was spotted zipping around in a bright red Ferrari, Italian tax police were fast on his trail.

Stamping out entrenched tax evasion is crucial to Premier Mario Monti‘s quest to keep Italy from succumbing to the European debt crisis, and it is critical to fellow eurozone members in more dire straits, such as Greece and Spain — which are also notorious for making cheating the taxman a way of life.

Indeed, Greece’s international rescue creditors have been pressing Greece for two years to reform its ailing tax system, citing poor collection as a key factor keeping the country mired in crisis. In Spain, where tax fraud is rampant, as much as €90 billion ($ 150 billion) is lost each year to tax fraud — the equivalent of the country’s national debt, according to Spain’s main tax inspectors union.

To succeed in Italy, authorities will have to catch the legions of self-employed and small business owners who brazenly lie about their earnings, like the plumber in the eastern town of Pescara, who socked away undeclared income in 30 bank accounts, or a successful pastry shop owner in Calabria, who on his tax return claimed he was earning next to crumbs.

And those are the less sophisticated schemers.

Tax police officials say that wealthy Italians, their companies and foreigners who make their money in Italy are increasingly trying to avoid taxes by using such strategies as falsely declaring that their base of operations or residence is abroad.

Another daunting challenge is the so-called “submerged” economy, a term embracing Italians who declare only a fraction or nothing at all of their earnings — and dentists, lawyers, doctors and other big-earning professionals are frequently among the worst offenders.

Tax evasion of all types in Italy totals about euros 240 billion ($ 300 billion), or 15 percent of the country’s gross domestic product of €1.6 trillion ($ 2 trillion), tax police estimate. Winning the war on tax cheats could therefore more than wipe out the country’s budget deficit, which is expected to increase to euros 42 billion ($ 53 billion), or 2.6 percent of GDP this year. That would start knocking away at the nation’s colossal public debt of €2 trillion ($ 2.5 trillion), or 125 percent of GDP.

But “big international frauds are up,” lamented Lt. Col. Gianluca Campana, in charge of the income tax unit revenue protection office at the Guardia di Finanza, Italy’s financial police corps which reports to the Economy Ministry.

The entrenched practice by many cafes, eateries, hair dressers and similar small business of neglecting to give customers mandatory cash register receipts commonly grabs the attention in crackdowns on tax evasion in Italy.

But, cautioned Campana, “one false (big business) invoice can equal no cash register receipts for coffees for two months.”

Over all of 2011, the total of non-declared income discovered by tax police amounted to some €50 billion ($ 65 billion), of which some 20 percent was due to international tax evasion, he said. By comparison, in the first nine months of this year, tax police discovered some €40 billion in undeclared income, with 30 percent of that blamed on international tax evasion, Campana said.

With the economic crisis shrinking bottom lines, and Italy increasingly on the hunt for big-time evasion, especially by big businesses, “there is a tendency to move capital abroad, using maneuvers apparently legal but which really are not,” Campana said. A classic technique consists of declaring one’s formal residence abroad in tax havens like Monte Carlo. Also common are companies that clearly have their business base in Italy but claim it is abroad in countries with far lower tax brackets.

Campana is armed with three degrees, including a masters in tax law from Milan’s Bocconi University, the prestigious economics institute formerly headed by Monti. He brings skills to this specialized police corps that are as finely tuned as sharp-shooting.

“We are going after the big cases (of evasion) in order to rake in more money,” Campana said.

The Ferrari-driving plumber hid some €2 million ($ 2.6 million) of his income over several years by giving his customers invoices — for jobs ranging from fixing leaks to installing new bathrooms — for the actual cost of his work, but kept a second, false registry of much lower figures for tax purposes, said Pescara tax police Col. Mauro Odorisio.

Armed with a 2008 law, authorities confiscated assets belonging to the plumber equivalent to the approximately €1 million ($ 1.3 million) they contend he owed in taxes, Odorisio said.

With Ferraris in red or yellow, and snazzy Porsches parked inside, Guardia di Finanza garages practically resemble luxury car dealerships.

The cars get sold to help recoup unpaid taxes and interest.

Overall, tax revenues in Italy were up by 4.1 percent, says the Economy Ministry, when comparing figures from the first eight months of 2012 with the same period in 2011, but much of that was due to new taxes, and not necessarily a revolution in citizens’ consciences about tax obligations.

Monti’s recipe relies heavily on taxes that are nearly impossible to avoid, such as sales tax. He also revived a property tax that his populist predecessor, Premier Silvio Berlusconi, had abolished in a promise to voters.

The ministry’s report last month noted that the property tax figured prominently in the “tendency toward growth” in tax revenues. But sales tax revenue dropped slightly despite higher sales tax rates, indicating that consumers were feeling the pinch of the stagnant economy.

The heavier fiscal burden seems to have driven some honest citizens to rebel against the engrained culture of tax evasion.

The number of phone calls from the public to the tax police’s hotline to report stores, restaurants and other businesses that didn’t give customers sales receipts has almost doubled in the first nine months of this year, compared with the same period in 2011.

It’s apparently dawning on Italians that shirking taxes in the end only costs them, in terms of ever-higher levies and cutbacks in public services.

Citizens now increasingly understand that “the lack of revenue over time caused by tax evaders forced the government to stiffen the tax burden on categories where you can’t evade taxes,” Campana said, referring to workers whose taxes are deducted from paychecks. Another area where evasion is close to impossible is real estate ownership.

Odorisio noted the crackdown included extending the statute of limitations on tax evasion from six to eight years and establishing prison as a penalty for big-time evasion.

Other weapons include a measure promoted by the Monti government that limits cash payments to no more than €1,000. Paying by credit card or personal check is a relatively new habit for Italians, who are used to carrying wads of cash in their pockets, even for big-ticket items like home renovations or vacations.

Past governments in Italy sometimes resorted to tax amnesties to try to boost revenues. But critics, contending some Italians counted on such a possibility, described that strategy as only perpetuating the tax cheat culture.

Spain hasn’t had much success with its own tax amnesty introduced by the conservative government in March. That measure, expiring soon, allows undeclared assets or those hidden in tax havens to be repatriated by paying a 10 percent tax without criminal penalty. The amnesty is estimated to recuperate far less than the expected €2.5 billion ($ 3.25 billion).

Greece saw demands for tax system reform from international rescue creditors added on to conditions for future rescue loan payments, as Greek authorities acknowledged that a high-profile campaign to crack down on major tax cheats has produced disappointing results.

The cash-strapped government over the last 10 months recovered just €19 million ($ 25 million) of the €13 billion ($ 17 billion) of arrears on the list. A prominent Greek magazine publisher recently tapped anger over rich tax evaders by publishing a list of people allegedly holding Swiss bank accounts. He was acquitted this month of breaching privacy laws.

Meanwhile, Italian tax police are chasing after cheats who have shown some of the most chutzpah about not paying their fair share of taxes, like the Padua woman who advertised on the Internet that she had a couple of “cash-only” bed and breakfast rooms to let.

Tax police discovered the lodgings are part of an apartment in public housing she was given after falsely declaring she was indigent on her annual tax forms.

____

AP reporters Derek Gatopoulos in Athens and Ciaran Giles in Madrid contributed to this report.

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When Facebook insiders, employees can sell stock

On Wednesday, additional Facebook stock became eligible for sale for the first time. It follows the expiration of similar lock-up periods in August and October. Other shares will become eligible for sale in the coming months.

Up to 1.56 billion more shares could flood the stock market — nearly four times the 421 million shares that had been trading since Facebook’s initial public offering in May. The 1.56 billion figure includes shares released from lock-up already.

On Aug. 16, a lock-up period expired for 271 million shares held by early investors and directors who had participated in the IPO, though CEO Mark Zuckerberg was excluded for unspecified reasons.

On Oct. 29, the lock-up ended for 234 million shares and stock options held by employees as of Oct. 15, excluding Zuckerberg. Oct. 31 was the first trading day since then because of stock market closures resulting from Superstorm Sandy.

On Wednesday, another 852 million shares and stock options became eligible. Zuckerberg had been eligible to sell his shares at this date, but Facebook has changed that given that the CEO had no plans to do so until at least next September.

Here’s the schedule for remaining lock-up expirations, as reported by Facebook Inc. in regulatory filings:

— Dec. 14: 156 million shares held by early investors and others who participated in IPO, except Zuckerberg.

— May 18, 2013: 47 million shares held by the Russian Internet company Mail.ru Group and DST Global, both of which made early investments in Facebook.

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Wakeman reworks rock epic Journey to Centre of Earth

LONDON (Reuters) – The story behind the upcoming re-issue of Rick Wakeman‘s 1974 concept album “Journey to the Center of the Earth” sounds almost as unlikely as the Jules Verne tale that inspired it.

Progressive rock veteran Wakeman had presumed the original orchestration to his chart-topping disc was lost for good when his record company MAM, where the manuscripts had been stored in boxes, was brought to its knees in the early 1980s.

Although he could have re-orchestrated the work from the original album, recorded live at the Royal Festival Hall in London in 1974, Wakeman knew it would be far from perfect.

And the original score was 55 minutes long whereas the 1974 version had to be cut to closer to 40 due to the constraints of vinyl recordings at the time.

“In about 1983 or 1984 I had an enquiry to do Journey again in America,” Wakeman recalled in a telephone interview.

“I thought ‘great’. But MAM had gone, and nobody there had any idea what had happened to all the stuff of mine,” the former Yes keyboardist told Reuters.

“Up until recently I would get phone calls to do it and I said ‘no, I can’t', there is no music any more. You just resign yourself to disappointment.”

Everything changed about four years ago when a box of papers arrived at his doorstep – a fairly regular occurrence, he explained, for a man who had been married several times and had “stuff in storage all over the place”.

Sifting through the contents, Wakeman found a pile of music that was not his own, but “something told me to empty the entire box.” At the very bottom was the long-lost conductor’s score of Journey, albeit so damp the pages were stuck together.

To this day Wakeman does not know where the box came from, and is amazed it reappeared nearly 30 years after going missing.

ORIGINAL SONGS

Once the music had been downloaded on to a computer, Wakeman set about reintroducing the songs and other sections he removed for the 1974 recording with the help of notes he had kept.

He decided to make a studio recording of the rock opera, and sought to replicate the sound of the original instruments.

For the narrator’s voice, he could not go back to David Hemmings, who died in 2003, and so invited actor Peter Egan.

The result is a re-mastered version of Journey, complete with 20 minutes of unheard music, which hits shelves on November 20. It comes in the form of a “fanback” comprising the music, a 132-page magazine and a replica of the program to the 1974 show.

For Wakeman it was a labor of love, but one he hopes will prove profitable.

“We did have record companies come forward,” the 63-year-old said. “But I don’t want an A&R (artists and repertoire) man coming in and saying it could do with this and that.

“The only way I can get this done as I believe it should be is to finance it and do it myself which we did. It broke the bank, there’s no doubt about it.”

While the concept of a rock opera based on French author Verne’s 1864 sci-fi classic may not instantly appeal to young listeners today, Wakeman believes there is a market for his latest release.

“Music audiences today don’t put a date on anything, they either like it or they don’t,” he said, adding that the “prog-rock” genre for which he is best known has made something of a comeback in recent years.

PROKOFIEV FAN

The prolific musician who has made around 100 albums and sold millions of records started piano lessons when he was seven, and at about that time the seeds of his career were sown.

“Story telling to music is something I have loved since my father took me to see ‘Peter and the Wolf’ aged eight, and (Sergei) Prokofiev became my hero,” he recalled.

By his late teens he was an established session musician and joined the band Yes in 1971 with whom he recorded the hit album “Fragile” and, the following year, “Close to the Edge”.

In 1973 he released “The Six Wives of Henry VIII” a solo concept album, and in 1974, which his official online biography calls “probably the most significant year in Rick’s career”, he made Journey and toured the world with it.

Another concept album, “The Myths and Legends of King Arthur and the Knights of the Round Table” followed in 1975, and Wakeman returned to Yes for spells throughout the 1990s.

Next week he plays six dates in South America, including the first concert performance of the new, full Journey and a rendition of The Six Wives.

The new “holy grail” following the rediscovery of Journey is to track down the original music to King Arthur, which was also lost. Wakeman is orchestrating the existing recording for a show next June, but would love to find the full score.

“All of us involved hope very much that it (Journey) makes its money back, because it would then allow me to look for the King Arthur music. We are doing a version next June and it would be lovely to say we’ve done it from the original music.”

(Reporting by Mike Collett-White, editing by Paul Casciato)

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