Once upon a time I had a dog named Toodles. He was black and white and had long floppy ears. He also had very short legs, but really big paws. Every Saturday we would go to the park and play Toodles' favorite game. Toodles loved playing fetch. One Saturday, Toodles ran over to the pond because he saw ducks swimming there. He ran all around the pond, barking at the ducks. The ducks ignored him, and kept swimming. Toodles wasn't having it! He jumped into the pond and started swimming toward the ducks, chasing around his new playmates. One of the ducks, braver than the others, poked Toodles with his beak - and then bit him right on one of his floppy ears! Toodles barked and ran out of the pond because the duck hurt his ear. Soaking wet, he ran toward where I was eating a sandwich on the grass and curled right up in my lap so I could make him feel better. After that, whenever he would see a duck, Toodles would run the other way.

What made Toodles jump into the pond?

The Finnish government and major creditors of bankrupt shipyard Waertsilae Marine Industries Oy agreed in principle to form a new company to complete most of the troubled shipyard's backlog of 15 ships. The new company will attempt to limit the shipyard's losses, participants said. "The situation is that the bankruptcy court will get out of the shipbuilding business. Everything will be taken over by the new company," said Christian Andersson, executive vice president of Oy Waertsilae, former parent of Waertsilae Marine. Once its ownership is finalized, the new company will open talks with state-appointed receivers to buy or lease Waertsilae Marine's shipyard facilities. Subcontractors will be offered a settlement and a swift transition to new management is expected to avert an exodus of skilled workers from Waertsilae Marine's two big shipyards, government officials said. Under an accord signed yesterday, the government and Union Bank of Finland would become major shareholders in the new company, each injecting 100 million Finnish markkaa ($23.5 million). Oy Waertsilae is to contribute 200 million markkaa, most of it as subordinated debt, and take a minority stake in the new company. Customers holding contracts for Waertsilae Marine's undelivered ships are expected to subscribe most of the remaining 170 million markkaa in share capital, government officials said. Waertsilae Marine's biggest creditor is Miami-based Carnival Cruise Lines Inc. Carnival, which has three ships on order from Waertsilae Marine, presented claims for $1.5 billion damages in the bankruptcy court this week. Waertsilae Marine's bankruptcy proceedings began Tuesday in a Helsinki court.

After ownership is finalized, what will be the offer to the Subcontractors?

(CNN) -- Guatemala's government has declared a state of siege and sent hundreds of troops to a northern province where officials say a Mexican drug gang is overtaking towns and threatening residents. President Alvaro Colom announced the 30-day emergency rule in Alta Verapaz on Sunday. The rule allows the military to order anyone suspected of conspiring against the government to be arrested and imprisoned without a warrant, the state-run AGN news agency said. "Starting today, combined forces will retake the streets of Alta Verapaz," a government statement released Sunday morning said. Government data shows cells of the drug gang known as Los Zetas are in the area to protect drug trafficking paths between Honduras and Mexico, "intimidating the population with their heavy weapons and threatening farmers to give up their land for criminal activities," AGN reported. The state of siege also allows the government to place greater restrictions on public gatherings, travel visas and gun licenses, among other things, according to AGN. "The population should be calm. What we are doing is not intended to persecute honest, working people," Interior Minister Carlos Menocal told reporters. Menocal said operations in the coming days would aim to boost regional security, regain control of territory, identify criminal gangs and capture their members. In an interview with CNN en Espanol last month, Menocal said his country needed more help from the United States to combat cartels, which were increasingly carving out new drug transport paths. "In the end, the large majority of drugs travel through Central America, and the assignment of resources or the financial support of the United States government is not the same as Colombia and Mexico receive," he said. Menocal said clashes between authorities and Los Zetas had notably increased.
What is Los Zetas operation doing?