
EXCLUSIVE: Joe Ballarini has been set by Walden Media to rewrite Atlantis 7, a thriller in which an elite military Navy SEAL force attempts to find the mythical city of Atlantis. A military code breaker seeks out his absentee father, who may hold the secret to unlock the clues that make an Atlantis discovery possible, which is key to saving the world. Dean Parisot is attached to direct, and Shawn Levy’s 21 Laps is producing with The Gotham Group. Adam F. Goldberg wrote the first draft adaptation of M. Zachary Sherman’s graphic novel Seal Team 7 and Robert Nelson Jacobs did a rewrite. Ballarini sold the spec Lockdown At Franklin High to Sony, and has been a steady writer at Fox Animation on such films as Ice Age 4, Leafmen and others. He also scripted The Resident for producer Jerry Bruckheimer and Disney and Turbo at DreamWorks. Ballarini is repped by Paradigm and Apostle’s George Heller. Pic gives Walden Media another large scale adventure film after Journey 2: The Mysterious Island grossed over $300 million worldwide.

NEW YORK (Reuters) - The deal that gave Goldman Sachs Group Inc a $5 billion boost from renowned investor Warren Buffet at the height of the 2008 financial crisis was "as top secret as you could get," a leading banker testified at the insider-trading trial of onetime Goldman board member Rajat Gupta.

(Reuters) - The National Football League Players Association (NFLPA) filed a federal lawsuit on Wednesday accusing the NFL and its owners of collusion to establish a secret salary cap during the 2010 season.

(Reuters) - The National Football League Players Association (NFLPA) filed a federal lawsuit on Wednesday accusing the NFL and its owners of collusion to establish a secret salary cap during the 2010 season. According to the complaint, NFL teams operated with a $123 million salary cap in 2010 even though the season was played without a spending limit under the terms of a collective bargaining agreement that expired after the season. "When the rules are broken in a way that hurts the game, we have an obligation to act," NFLPA Executive Director DeMaurice Smith said in a statement. ...

Secret Service Director Mark Sullivan testifies before a Senate committee investigating the Colombian sex scandal.

Secret Service Director Mark Sullivan told a Senate committee Wednesday that the prostitution scandal in Colombia caused no security breach and steps have been taken to prevent a similar episode.

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