Roadshow: Total fine of a $20 cell phone ticket balloons to around $160 with …

Written by administrator on September 4th, 2012

Roadshow: Total fine of a $ 20 cell phone ticket balloons to around $ 160 with …
News from San Jose Mercury News:

Q Maybe my ability to understand ticket fines is limited. But just why, exactly, does a $ 20 fine for a cellphone ticket cost $ 159 when fees are added? Why isn’t the fine just $ 159 and be done with it? Why is it necessary for all the subterfuge in coming up with the real fine? I like being able to understand the world. I am likely a dreamer though.

Bruce Korb

Santa Cruz

A You are. Many drivers are frustrated that the base fine listed is only a fraction of the total amount of a ticket. That’s why when a driver is handed a ticket and asks an officer how much the fine will be, the cop will often say they don’t know.

Here’s a partial breakdown on how a $ 20 cellphone ticket turns into around $ 160, according to the DMV:

  • State penalty assessment: $ 20.
  • County penalty assessment: $ 14.
  • DNA penalty assessment: $ 8.
  • Court penalty assessment: $ 10.
  • Surcharge: $ 4.
  • EMS penalty assessment: $ 4.
  • Other fees: $ 80.

    Total: Around $ 160.

    For a description of penalties and fees, go to www.courts.ca.gov/documents/SP11-17.pdf.

    Q A good portion of Old Soquel San Jose Road through the Santa Cruz Mountains was rec…………… continues on San Jose Mercury News

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Facebook market makers’ losses total at least $100 million

Written by administrator on May 25th, 2012

Facebook market makers’ losses total at least $ 100 million
News from Reuters:

1 of 2. A television reporter talks about the Facebook stock at the NASDAQ MarketSite in New York’s Times Square May 22, 2012.

Credit: Reuters/Keith Bedford

By Jessica Toonkel and John McCrank

Thu May 24, 2012 8:17pm EDT

(Reuters) – Claims by four of Wall Street’s main market makers against Nasdaq over Facebook’s botched IPO are likely to exceed $ 100 million, as they and other traders continue to deal with thousands of problems with customer orders.…………… continues on Reuters

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Zach Johnson fires 64 to lead at Colonial
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FORT WORTH (AP) – Zach Johnson shot a bogey-free 6-under 64 to take a one-stroke lead after the first round of the Colonial on Thursday.

  • By Scott Halleran, Getty Images

    Zach Johnson reacts to a missed birdie putt on the eighth hole during the first round of the Crowne Plaza Invitational at Colonial. Despite this miss, Johnson opened with a 6-under 64.

By Scott Halleran, Getty Images

Zach Johnson reacts to a missed birdie putt on the eighth hole during the first round of the Crowne Plaza Invitational at Colonial. Despite this miss, Johnson opened with a 6-under 64.

Johnson opened his round with a 40-foot birdie putt on his first hole, No. 10. After blasting from a greenside bunker at No. 12 to save par, he had four…………… continues on USA TODAY

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