The New Old Age Blog: Officials Say Checks Won't Be in the Mail

The jig is up.

Two years ago, the Treasury Department initiated its Go Direct campaign to persuade people still receiving paper checks for their Social Security, Veterans Affairs, S.S.I. and other federal benefits to switch to direct deposit.

“At that point, we were issuing approximately 11 million checks each month,” or about 15 percent of the total, Walt Henderson, director of the campaign, told me.

After putting notices in every monthly check envelope, circulating public service announcements and putting the word out through banks, senior centers, the Red Cross, AARP and other organizations, the Treasury Department has since shrunk that number to five million monthly checks.

That means 93 percent of those getting federal benefits are using direct deposit or, if they prefer or lack a bank account, a Direct Express debit card that gets refilled each month and can be used anywhere that accepts MasterCard.

“So people have been getting the word and making the switch,” Mr. Henderson said. Now, federal officials are pushing the last holdouts to convert to direct deposit by March 1.

Although officials say the change is not optional, the jig isn’t entirely up. If you or your older relative does not respond to their pleading, “we’re not going to interrupt their payments,” Mr. Henderson said. But the department will start sending letters urging people to switch.

The major motive is financial: shifting the last paper checks to direct deposit or a debit card (only 2 percent of recipients go that route) will save $1 billion over the next decade, the department estimates.

But safety enters the picture, too. One reason some beneficiaries resist direct deposit, Mr. Henderson said, is that they fear their electronic deposits can be hacked or diverted. Having grown up in a predigital age, perhaps they feel safer with a check in their hands.

But they probably aren’t. In 2011, the Treasury Department received 440,000 reports of lost or stolen benefits checks. With direct deposit, “there’s no check lingering unattended in a mailbox,” Mr. Henderson noted.

The greater reason for sticking with paper is probably simple inertia. “It’s human nature to procrastinate,” he said.

But unless you or your relatives want a series of letters from the Treasury Department, it is probably time for the last fence-sitters to get with the program.

They don’t need to use a computer. People can switch to direct deposit, or get the debit card, at their banks or the local Social Security office. More simply, they can call a toll-free number, (800) 333-1795, and have agents walk them through the change. Or they can sign up online at www.GoDirect.org.

They will need:

1. Their Social Security number.
2. The 12-digit federal benefit number found on their checks.
3. The amount of the most recent check.
4. And, for direct deposit, a bank or credit union routing number, usually found on the front of a check. They can have direct deposit to a savings account, too.

A caution for New Old Age readers: If you think your relative has not switched because he or she is cognitively impaired and can no longer handle his finances, you can be designated a representative payee and receive monthly Social Security or S.S.I. payments on your relative’s behalf. This generally requires a visit to your local Social Security office, documentation in hand.

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Paula Span is the author of “When the Time Comes: Families With Aging Parents Share Their Struggles and Solutions.”

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Claims for Jobless Benefits Drop

WASHINGTON — The number of Americans filing new claims for unemployment benefits tumbled to a five-year low last week, while housing starts surged, the government said Thursday in a pair of new economic reports.

Initial claims for state unemployment benefits fell 37,000 to a seasonally adjusted 335,000, the lowest level since January 2008 and the largest weekly drop since February 2010, the Labor Department said.

The previous week’s figure was revised to show 1,000 more applications than previously reported.

While last week’s decline ended four straight weeks of increases, it is probably not the start of a new trend or a sign of a material shift in labor market conditions as claims tend to be volatile around this time of the year because of large swings in the model used by the department to iron out seasonal fluctuations.

A Labor Department analyst said the model had expected a large increase in claims last week, but the actual number of filings only showed a modest increase, leading to a big decline in the seasonally adjusted figure.

The four-week moving average for new claims, a better measure of labor market trends, fell 6,750 to 359,250, suggesting some improvement in underlying labor market conditions.

The claims data covered the survey week for January’s nonfarm payrolls. Job growth has been gradual, with employers adding 155,000 new positions in December. The unemployment rate held steady at 7.8 percent last month.

The claims report showed the number of people still receiving benefits under regular state programs after an initial week of aid increased 87,000 to 3.21 million in the week ended Jan. 5. The four-week average of the so-called continuing claims was the lowest since July 2008.

In a separate report, the Commerce Department said Thursday that groundbreaking to build new homes surged 12.1 percent last month to a 954,000-unit annual rate.

It was the fastest pace since June 2008, supporting the view that housing is poised to provide a substantial boost to the U.S. economy. But data for housing starts can be volatile and is sometimes subject to large revisions. The government revised downward its estimate for November housing starts, for example, to a 851,000-unit rate from the originally reported 861,000.

Some of the strength in December’s reading for starts came from a 20.3 percent surge in multi-unit construction; that component is especially volatile.

Thursday’s report nonetheless builds on a trend in growth that has led many analysts to expect residential construction bolstered the economy last year for the first time since 2005.

Permits for future home construction edged higher to a 903,000-unit rate, the quickest since July 2008. Groundbreaking for single-family homes, the largest segment of the market, climbed 8.1 percent last month to a 616,000-unit pace.

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Helicopter crashes in central London, killing at least two people

LONDON -- A helicopter apparently crashed into a crane atop a high-rise building in central London during the morning rush hour Wednesday, falling to earth and killing at least two people, police said.

Video footage showed flaming debris on the ground where the chopper came down in the Vauxhall district of south London, close to the headquarters of MI6, Britain's spy agency.

Scotland Yard said two people were confirmed dead at the scene, with two others taken to the hospital. A fire official told the BBC that one of the dead had been aboard the helicopter. Authorities quickly cordoned off the area and shut down Vauxhall rail station.

[Update, 4:26 a.m. Jan 16: Later Wednesday morning, police said one of the dead was the chopper's pilot. The other victim has not been identified, but the helicopter was not believed to be carrying passengers, police said. 

"At this stage, it appears a commercial helicopter on a scheduled flight was in collision with a crane on top of a building under construction," Scotland Yard said in a statement. 

Police said seven people were treated on the scene for minor injuries. Six people were taken to local hospitals, all for minor injuries except for one person who suffered a broken arm.]

The crash occurred on a gray morning with thick clouds or fog lying low in the sky. Police did not speculate as to the cause of the crash, but the BBC reported that terrorism did not appear to be likely.

Nicky Morgan, a member of Parliament who was walking toward Vauxhall, told the broadcaster that she heard a huge explosion shortly before 8 a.m., a time when commuters and schoolchildren were going about their usual routine.

"I did wonder if it was a bomb explosion, because it was just such a loud bang," she said. "It was the thick black smoke that really meant that this is not right."

Helicopters are common in London, particularly around the city's financial district where many tall buildings are clustered.

The crash site is near the Nine Elms neighborhood south of the Thames, where the U.S. is planning to build a large new embassy.

ALSO:

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Egyptian lawyer gets 5 years, 300 lashes for Saudi drug conviction

 

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Here They Are — The Best Comic Books of 2013!

Okay, fine: Comic books aren’t the most predictable things ever. We've seen fantastic comics take a sudden turn and become all but unreadable, and seen comics no one heard of until two seconds ago skyrocket to greatness. But we can still make some pretty good guesses about the most promising comics, graphic novels, and collected editions on the horizon -- or even if we can’t, we’re about to give it a shot. Whether you’re a long-time reader of the sequential arts or just looking for some titles to try out, here are the comics to keep your eye on in 2013.

Above:

FF, by Matt Fraction and Mike Allred (Marvel, ongoing)

It’s been a rough couple of years for superhero comics—thanks to Marvel charging as much as they can for endless “event” books, and DC still stumbling through their clumsy “New 52” reboot, it’s hard to find superhero books that are as much fun as they should be. But here’s one! Teaming up with Madman genius Mike Allred, Casanova and Invincible Iron Man writer Matt Fraction digs into the bizarre, poppy, retro fun that the Marvel Universe can still provide—what begins as just one more book about the Fantastic Four soon heads into territory that’s a lot more fun. (If FF doesn’t sate your superhero hunger, Fraction’s got another great ongoing, too: With Hawkeye, Fraction and artist David Aja have somehow given the crappiest Avenger a way better book than any of his teammates have.)

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Steve Harvey signs long-term, expanded deal with Clear Channel

LOS ANGELES (TheWrap.com) – Steve Harvey has re-upped with Clear Channel Media and Entertainment, entering a five-year contract that will continue his nationally syndicated radio program “The Steve Harvey Morning Show” and add new facets to his relationship with the media giant, Clear Channel said Tuesday.

Under the new agreement, Harvey and Clear Channel will work on a number of joint ventures, including the international expansion of his radio show – which currently reaches about 6 million listeners weekly on 70 radio stations in the U.S. via its syndication on Premiere Networks – as well as the development and creation of new programming and promotions.

Harvey will also team with Clear Channel on community, charitable and multimedia events, and serve as a spokesman for the company.

Calling Harvey “an unrivaled talent,” Clear Channel chairman and CEO John Hogan added, “As the leading media company in America, we continue to deliver the most relevant content and top personalities to diverse audiences across the country and Steve is a remarkable talent and incredible asset for Clear Channel Media and Entertainment.”

Harvey himself was more whimsical in discussing the new deal.

“It is my pleasure to be in business with the best!” Harvey exclaimed in a statement. “My life has been an amazing ride, and when you can do business in a big way, it makes the ride all the more amazing. Clear Channel Media and Entertainment and Premiere Networks have been great partners. Mama, here come that Man!”

In addition to his radio show – which Harvey created in 2000 and was added to Premiere’s national lineup in 2005 – Harvey continues to host the syndicated game show “Family Feud,” and launched his syndicated daytime talk show “Steve Harvey” in September. The show was picked up for a second season in January.

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The New Old Age Blog: In Flu Season,Use a Mask. But Which One?

Do face masks help prevent people from getting the flu? And if so, how much protection do they give?

You might think the answer to this question would be well established. It’s not.

In fact, there is considerable uncertainty over how well face masks guard against influenza when people use them outside of hospitals and other health care settings. This has been a topic of discussion and debate in infectious disease circles since the 2009 H1N1 flu pandemic, also known as swine flu.

As the government noted in a document that provides guidance on the issue, “Very little information is available about the effectiveness of facemasks and respirators in controlling the spread of pandemic influenza in community settings.” This is also true of seasonal influenza — the kind that strikes every winter and that we are experiencing now, experts said.

Let’s jump to the bottom line for older people and caregivers before getting into the details. If someone is ill with the flu, coughing and sneezing and living with others, say an older spouse who is a bit frail, the United States Centers for Disease Control and Prevention recommends the use of a face mask “if available and tolerable” or a tissue to cover the nose and mouth.

If you are healthy and serving as a caregiver for someone who has the flu — say, an older person who is ill and at home — the C.D.C. recommends using a face mask or a respirator. (I’ll explain the difference between those items in just a bit.) But if you are a household member who is not in close contact with the sick person, keep at a distance and there is no need to use a face mask or respirator, the C.D.C. advises.

The recommendations are included in another document related to pandemic influenza — a flu caused by a new virus that circulates widely and ends up going global because people lack immunity. That is not a threat this year, but the H3N2 virus that is circulating widely is hitting many older adults especially hard. So the precautions are a good idea, even outside a pandemic situation, said Dr. Ed Septimus, a spokesman for the Infectious Diseases Society of America.

The key idea here is exposure, Dr. Septimus said. If you are a caregiver and intimately exposed to someone who is coughing, sneezing and has the flu, wearing a mask probably makes sense — as it does if you are the person with the flu doing the coughing and sneezing and a caregiver is nearby.

But the scientific evidence about how influenza is transmitted is not as strong as experts would like, said Dr. Carolyn Bridges, associate director of adult immunization at the C.D.C. It is generally accepted that the flu virus is transmitted through direct contact — when someone who is ill touches his or her nose and then a glass that he or she hands to someone else, for instance — and through large droplets that go flying through the air when a person coughs or sneezes. What is not known is the extent to which tiny aerosol particles are implicated in transmission.

Evidence suggests that these tiny particles may play a more important part than previously suspected. For example, a November 2010 study in the journal PLoS One found that 81 percent of flu patients sent viral material through air expelled by coughs, and 65 percent of the virus consisted of small particles that can be inhaled and lodge deeper in the lungs than large droplets.

That is a relevant finding when it comes to masks, which cover much of the face below the eyes but not tightly, letting air in through gaps around the nose and mouth. As the C.D.C.’s advisory noted, “Facemasks help stop droplets from being spread by the person wearing them. They also keep splashes or sprays from reaching the mouth and nose of the person wearing them. They are not designed to protect against breathing in the very small particle aerosols that may contain viruses.”

In other words, you will get some protection, but it is not clear how much. In most circumstances, “if you’re caring for a family member with influenza, I think a surgical mask is perfectly adequate,” said Dr. Carol McLay, an infection control consultant based in Lexington, Ky.

By contrast, respirators fit tightly over someone’s face and are made of materials that filter out small particles that carry the influenza virus. They are recommended for health care workers who are in intimate contact with patients and who have to perform activities like suctioning their lungs. So-called N95 respirators block at least 95 percent of small particles in tests, if properly fitted.

Training in how to use respirators is mandated in hospitals, but no such requirement applies outside, and consumers frequently put them on improperly. One study of respirator use in New Orleans after Hurricane Katrina, when mold was a problem, found that only 24 percent of users put them on the right way. Also, it can be hard to breathe when respirators are used, and this can affect people’s willingness to use them as recommended.

Unfortunately, research about the relative effectiveness of masks and respirators is not robust, and there is no guidance backed by scientific evidence available for consumers, Dr. Bridges said. Nor is there any clear way of assessing the relative merits of various products being sold to the public, which differ in design and materials used.

“Honestly, some of the ones I’ve seen are almost like a paper towel with straps,” Dr. McLay said. Her advice: go with name-brand items used by your local hospital.

Meanwhile, it is worth repeating: The single most important thing that older people and caregivers can do to prevent the flu is to be vaccinated, Dr. Bridges said. “It’s the best tool we have,” she said, noting that preventing flu also involves vigilant hand washing, using tissues or arms to block sneezing, and staying home when ill so people do not transmit the virus. And it is by no means too late to get a shot, whose cost Medicare will cover for older adults.

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DealBook: Goldman Sachs Earnings Soar

8:36 a.m. | Updated

Goldman Sachs on Wednesday reported a fourth-quarter profit of $2.89 billion, or $5.60 a share, a significant jump from the period a year earlier. It was also well ahead of analysts’ expectations of $3.78 a share, according to Thomson Reuters.

Analysts had been anticipating a fairly decent quarter for Goldman, and its results were buoyed by strong trading and investment banking results and lower compensation costs. In the fourth quarter of 2011, the bank earned $1.84 a share.

The bank’s most recent results reflect a continued focus on cutting expenses as well as a number of investing gains, including $485 million from debt and security loans, the company said.

“While economic conditions remained challenging for much of last year, the strengths of our business model and client franchise, coupled with our focus on disciplined management, delivered solid performance for our shareholders,” Goldman’s chairman and chief executive, Lloyd C. Blankfein, said in a news release.

The results had an immediate effect on the firm’s stock, sending it up sharply in premarket trading on Wednesday.

Over all, the firm produced $9.24 billion in revenue in the quarter ended Dec. 31, up 53 percent from the same quarter in 2011. That also beat analysts’ estimates of quarterly revenue of $7.91 billion.

Goldman also revealed how much it had set aside for compensation, paying out $12.9 billion in 2012, an average of $399,506 to each of its 32,400 employees. This represented 37.9 percent of Goldman’s revenue for the year.

Over the last year, Goldman has reduced its payroll by 900 people. In 2011, the bank set aside $12.22 billion, or 42.4 percent, of its 2011 net revenue to pay compensation and benefits for its employees.

Goldman partners, a small group of top managers at the firm, will learn their 2012 compensation packages on Wednesday. The vast majority of employees, however, will be told what their bonuses will be on Thursday in what is known at Goldman as compensation communication day. These bonuses are on top of annual salaries, which can range from roughly $100,000 to $2 million for executives like Mr. Blankfein.

Bonuses on Wall Street — both the size of them and how they are paid — always draw scrutiny. Goldman Sachs decided this week not to delay the payment of bonuses to its staff members in Britain, a move that would have helped investment bankers and other highly paid employees benefit from a lower income tax rate.

Goldman Sachs was already drawing attention in the United States after it distributed $65 million in stock to 10 senior executives in December instead of January, when the firm typically makes such awards. That move helped the executives avoid the higher tax rates that will now be imposed on income of $450,000 or more.

The firm’s annual return on equity was 10.7 percent, up from 2011, when it was 5.8 percent. While this is far below its performance in boom years like 2006, when its return on equity was 41.5 percent, it is an achievement that it has broken above 10 percent.

Banks continue to fight difficult economic conditions at home and abroad, and Goldman’s results are still well below what it was producing before the financial crisis. Those outsize profits, however, were fueled by borrowing on credit and selling mortgage-linked products, and they have dwindled. New regulations aimed at reining in risk-taking have also reduced the profitability of certain businesses.

Revenue from investment banking came in at $1.41 billion, up 64 percent from the year-ago period.

Net revenue in Goldman’s powerful division that trades bonds, currencies and commodities was $2.04 billion, up 50 percent from levels in the quarter a year earlier. The firm said those results reflected an increase in mortgage revenues, which were “significantly higher” when compared with 2011.

The firm’s investing and lending division also had a stronger-than-expected quarter, posting revenue of $1.97 billion, up 126 percent from year-ago levels. The firm said this unit benefited from an increase in equity prices in Asia and Europe and a number of one-time gains. For instance, it logged a gain of $334 million from its investment in the Industrial and Commercial Bank of China, a strategic investment the firm made in 2006. It also had gains from the debt securities and loans it holds.

Goldman is one of a number of banks releasing earnings this week. JPMorgan Chase also Wednesday weighed in with its results, reporting a strong profit of $5.7 billion for the fourth quarter, up 53 percent from the previous year.

These positive results put pressure on Morgan Stanley to post good results when it releases its fourth quarter numbers on Friday. Analysts polled by Thomson Reuters are expecting Morgan Stanley to report earnings of 27 cents a share, up from a loss of 14 cents in the year-ago period.

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SoCal Edison destroyed downed poles before inspection

A state probe into the widespread power outages caused by a furious 2011 windstorm was unable to determine whether toppled utility poles met safety standards because Southern California Edison destroyed most of them before they could be inspected.

The winds that roared through the San Gabriel Valley knocked down hundreds of utility poles, snapped cables and uprooted scores of trees, leaving nearly a quarter of a million Edison customers without power, some for a full week.

In a report released Monday, the California Public Utilities Commission found that at least 21 poles were unstable because of termite destruction, dry rot or other damage before tumbling over in wind gusts of up to 120 mph on Nov. 30 and Dec. 1, 2011.

But more than 75% of the 248 Edison poles that were knocked down in the storm were destroyed by the utility before they could be inspected, a violation of commission rules.

"At the onset of [power] restoration efforts, preservation of failed poles was not made a priority by Southern California Edison," the report says.

Of the 248 poles that failed, partial segments of only about 60 poles were collected and delivered for analysis by commission engineers — the remaining poles were "discarded by SCE staff," according to the report.

Efforts to reconstruct downed poles, many of them sliced into segments smaller than 10 inches, "were immensely hindered by the nature of SCE's collection and cataloging methodology," investigators reported.

Edison workers scattered small pole segments in various collection bins, "making it nearly impossible to determine which failed pole they belonged to," according to investigators.

A spokesman for the utility declined to comment on the report, saying the utility was in the process of formulating a statement.

Commission investigators also found that at least 17 wire pole support systems did not meet safety standards.

The report calls on Edison to update its emergency response procedures and test them on a yearly basis.

Officials will consider formal enforcement actions, including financial penalties, if Edison does not comply.

In a statement Monday, U.S. Rep. Judy Chu (D-Monterey Park) — who represents Pasadena, South Pasadena, San Marino and other San Gabriel Valley cities — called for "immediate action" to ensure the issues raised in the report would not recur.

"This report confirms that by following such regulations and by asking for mutual assistance, power could have been restored more quickly," Chu said.

Former Assemblyman Anthony Portantino, who until recently represented part of the affected area, said the report "confirms what everyone who lived through the windstorm knew from personal experience, that Edison was not prepared and public safety and consumers suffered as a result."

State Sen. Carol Liu (D-La Cañada Flintridge) said the report raises fears that Edison equipment might sustain similar damage in future disasters.

"I am concerned that service and safety doesn't seem to be their priority," said Liu, who is married to California Public Utilities Commission President Michael Peevey.

The report comes less than a year after an Edison-commission study determined the utility had inadequate plans in place for emergencies and communicating with the public. The study, by Maryland-based Davies Consulting, also said the utility could have shortened power restoration time by one day or more by doing a better job of tracking and preparing for bad weather.

At the same time, the consultant commended Edison for having adequate staffing and managing a response that left no workers or customers injured.

joe.piasecki@latimes.com

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Software That Gives a Voice to What You Love (and Hate) About Work

Every human-resources manager not trapped in some Mad Men time warp will tell bosses and employees alike to ask for, and offer, feedback on a frequent basis. Of course outside of infrequent performance reviews, it rarely happens. With inspiration from Patagonia founder Yvon Chouinard, San Francisco-based startup 15Five was founded to make sure it does, and not just once a year, but once a week.

The 15Five online service creates five-question weekly reports that “take 15 minutes to write and five minutes to read,” hence the name. “We’re taking this very complicated challenge of gathering feedback from employees and generating it in a way that they enjoy doing, and doesn’t take much effort or time,” says 15Five founder David Hassell. “And we make sure the most critical information flows to the right people in the organization.”

The idea for 15Five, Hassell says, came from a solution legendary outdoorsman Chouinard devised to reconcile two seemingly conflicting parts of his work life: the need to spend a good chunk of his time hitting the California surf or hiking Yosemite to test products and come up with new ones, and keeping close tabs on the needs of Patagonia as a growing company.

Chouinard began asking his employees to spend 15 minutes writing a short report with negative and positive feedback on their work that he could read in five minutes. The quick summaries were perfect reading during a lull on a Rocky Mountain hiking trail, and allowed Chouinard to do triage on pressing problems, as well as promote the latest successes.

Hassell took Chouinard’s basic concept and built software to automate the process of writing a 15-five report. Every week, employees fill out a form with five questions chosen by the CEO. Questions can range from “How is morale?” to “What’s the biggest challenge you faced this week?” Answers can be as long or as short as employees want, and they are encouraged to leave both positive and negative feedback.

Department managers then review their employees’ reports, and can ask questions or leave comments. As they read each report, managers flag specific employee responses to build a larger report for the CEO. The idea is that feedback trickles up from the lowest-level employee to the CEO, which helps employees feel that their voice is heard.

Non-profit Startup Weekend‘s CEO Marc Nager says the reports help him keep attuned to the daily pulse of his company. “Before our weekly hands-on meeting, I spend an hour reading our 15Five reports so I know what we need to address and fix,” he says. One of Startup Weekend’s 15Five questions is “What do you wish had more time for this week?”, which Nager says helps the company find new ideas and projects that fall within its mission of promoting entrepreneurialism.

15Five is currently working on version 2.0 of its software, and Hassell says there will be easier ways to digest employees’ feedback to get an even better sense of what’s going on in the company, though he wouldn’t give specific details. To get there, 15FIve has raised $1 million from Yammer CEO David Sacks along with angel investors Ben Parr, Jason Calacanis, John Hamm, Matt Brezina, and Ben Ling.

The goal of it all, Hassell says, is to help businesses run more efficiently by spending less time fussing over office disputes, and more time on the activities that make their employees productive and happy. It’s something Chouinard would no doubt get behind, especially if it means more time to surf.

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Matt Damon “thrilled” for Ben Affleck’s movie awards triumphs

LOS ANGELES (Reuters) – Ben Affleck is storming through the Hollywood awards season with his movie “Argo,” and no-one could be happier than his old friend Matt Damon.

“Argo,” which Affleck directed, produced and stars in, won best drama movie and best director awards at both the Golden Globes on Sunday and the Critics Choice last week. It is also nominated for seven Oscars.

The story of the rescue of U.S. diplomats from Tehran after the 1979 Islamic Revolution, has put Affleck back in the spotlight after a grueling period 10 years ago when he became tabloid fodder while dating Jennifer Lopez, and the couple starred in 2003 romantic comedy flop “Gigli.”

Damon, with whom Affleck shared a screenplay Oscar for the 1997 film “Good Will Hunting,” talked with Reuters about his friend’s success.

Q: You must be so proud of Affleck.

A: “I’m just thrilled for him. I’m really happy. I’m not at all surprised, because I’ve known him for so long and I know how talented he is.”

Q: Ben went through a rough patch in the early 2000s when the media was merciless with him, his career and his personal life. Was it rough to watch from the sidelines?

A: “It was tough to watch him get kicked in the teeth for all those years because the perception of him was so not who he actually was. I always felt a knee-jerk need to defend him. It was just upsetting. It was upsetting for a lot of his friends because he’s the smartest, funnest, nicest, kindest, incredibly talented guy. And the perception of him was the opposite. So that was tough.”

Q: When did that perception change for better?

A: “It’s taken him a long time. It wasn’t one thing that got him out of the penalty box. He had to dig. He did a lot of really good work over a long amount of time. The last movie he did (“The Town”) was a great movie. And the movie before was a great too (“Gone Baby Gone”). Finally people now are ready to go, ‘Wow, he’s at the very top of the food chain.’”

Q: The two of you came up together in your careers, and won a screenplay Oscar together. How is it that you escaped the media scrutiny and he didn’t?

A: “Ten years ago he was in a relationship (with actress Jennifer Lopez) and he was on the cover of Us Weekly magazine every week. Nobody was more aware of it than him. I talked to him about it back then. He said, ‘I am in the absolute worse place you can be; I sell magazines not movie tickets.’ I remember our agent called up the editor of Us Weekly, begging her not to put him on the cover any more: Please stop. Just stop! And she said, ‘My hands are tied. He’s still moving magazines all through the mid-West. Sorry.’ So he was aware of what was happening as it was happening.”

Q: Do you think “Gigli” deserved to be vilified in that way that it was?

A: “There are a lot of movies that cost more and made less than ‘Gigli.’ But for some reason, people think ‘Gigli’ is the biggest bomb of the last decade and it wasn’t. There’s a narrative that gets attached to all this stuff and Ben knew it. He had a millstone around his neck and that’s it.”

Q: As Ben goes through this awards season, what are you feeling?

A: “Now I’m just thrilled. I’m watching him go through it and it’s great. He deserves everything that he’s going to get. Just for going through what he went through, he deserves it. But he deserves it because he made a great movie.”

(Reporting By Zorianna Kit, editing by Jill Serjeant and David Brunnstrom)

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