“Matrix Revolutions”:
ird installment doesn’t live up to others |
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Flag football regional championships|
November 13, 2003
Volume LV, Number 11
SerVing UNC Wilmington since 1948
New 2o’s are counterfeited after only three weeks
Ashley Parker
Staff Writer
Counterfeits of the new $20
bills have already surfaced in
Brockton, Mass., according to
MSNBC news.
This report came on Oct. 30,
just three weeks following the
issuance of the new 20s.
The bills were not discovered
at the time of the transaction and
no arrests have been made. The
20s were only color copies of real
bills; no attempt was made to
duplicate the security features.
The new 20s, which were
introduced on Oct. 9, have an
array of security features includ
ing: three colors, a color-changing
20 in the lower right comer, an
embedded security seal, an array
of gold twenties on the back and
an Andrew Jackson watermark
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Mil wn
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visible on the back.
They were thought to be “the
most secure currency in U.S. his
tory,” said federal Gov. Mark
Olsen.
CNN reported on Nov. 8 that
nine people have been arrested
nationwide for trying to use
counterfeit 20s. “Digital technol
ogy makes counterfeiting easier
and cheaper,” according to the
report.
The government has launched
a $33 million advertising cam-
Andy B*d0r/lhs Stuftswk
paign to inform consumers of the
security features on the new bill.
An interactive tutorial on the bill
is available on the Treasury
Department’s Web Site.
More than 200 media events
outside the United States have
been planned to launch the new
bill since two-thirds of our curren
cy circulates globally, says the
MSNBC report.
The 20 is the most counterfeit
ed bill in our currency. It was last
revamped in 1998 to deter coun
terfeiters.
The federal government reports
that $44 million in counterfeit
money was passed last year.
Counterfeiting is a federal
crime and offenders face up to 20
years in prison and huge fines.
Ultimately, the effectiveness of
the new bills is up to the con
sumer.
The government is relying on
people to check for the new secu
rity measures during a cash trans
action.
Plans are underway for new
50s and 100s to be introduced in
2004 and 2005.
Music to your ears: CD prices are dropping
Kristine Klammer
Staff Writer
Universal Music Group
announced that they will be cut
ting the prices of their CD’s from
between $16 and $18 to $12.98.
This could solve one dilemma
that college students and music
fans around the world have been
experiencing recently. Issues
relating to downloading music
and increasing album prices have
down by the government and the
Recording Industry Association
of America.
“UMG is responsible for
almost 30 percent of all album
sales in the United States, so we
are uniquely positioned to try this
new strategy. We strongly believe
that when the prices are dramati
cally reduced on so many titles,
we will drive consumers back to
the stores and significantly bolster
music sales,” said Doug Morris,
Chairman and Chief Executive
Officer of UMG.
The new pricing will apply to
artists such as Ashanti, Mary J.
Blige, blink-182, Bon Jovi,
Mariah Carey, Eminem, Puddle
of Mudd, Reba McEntire and
many more.
UMG owns record operations
and licenses in 71 countries and is
the world’s leading music compa
ny.
“I think it’s a good step for the
music industry if they want peo
ple to stop downloading music
and start buying it
again. It will be a
lot easier to go
back and spend
$10-$12 on a CD
than it would to
go spend $20,”
said junior Nicole
Leffer.
For more
information on
UMG and the
price cuts visit
www.umusic.com.
D»n H*ck0r'lh0
BMG owns record operations and
licenses in 71 countries.
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