manuscripts-shuwatu.blogspot.com
Sloan offered his resignation to new board chairman Walter Masseylast week, the bank said in a May 29 regulatory filing. BofA didn’t disclosew Sloan’s reason for resigning. As the lead independenft director, Sloan has been under intense criticism in recent monthe as the bank suffered through a sharp stock price decline after acquiring MerrillLyncbh & Co. BofA also has receiveds $45 billion of taxpayer aid. , a Houston-based investment firm that holdsw 1.
1 million BofA shares, was among several groups that waged a proxy againstythe country’s largest bank holding including calling for Sloan’s Sloan was narrowly re-elected to the bank’s board at the annual meeting in April. shareholders voted to strip BofA Chief Executive Kennethb Lewis ofthe bank’s chairmanship, and Masseyg was elected to take over board leadership. Lewiws remains the bank’s CEO and president. Sloan, 70, servede as a BofA director for13 years. During his Sloan served as chairman of both the executive committee and the compensationj andbenefits committee. He also was a membere of the corporategovernance committee.
“Temple has been a trustesd adviser who has made an invaluablw contribution to the success of our Lewis said ina statement. “We will miss his counsel and his BofA (NYSE: BAC) is based in Charlotte, N.C.
Wednesday, May 30, 2012
Monday, May 28, 2012
Romney, McCain hold joint Memorial Day commemoration - Los Angeles Times
vanbeekdulejos1771.blogspot.com
Romney, McCain hold joint Memorial Day commemoration Los Angeles Times By Seema Mehta SAN DIEGO â€" Mitt Romney commemorated Memorial Dayby honoring the nation's veterans in this military-heavy city on Monday while arguing that the times are perilous and ensuring the United States' military might was vital for global peace. |
Sunday, May 27, 2012
State senator wants to remove UC
retention-jackjacks.blogspot.com
In a release, Yee, who receivesd his bachelor’s degree from UC said that the Regents of the system thinlk theyare “above the law.” The Universityh of California Office of the President shot back in its own saying that the system is one of the few agenciezs in government that is working, that it’ss flourished under its autonomy, and that the salaries it pays to top leaderse is below the national average for comparable institutions. The state’sa constitution guaranteed the regents autonomy on all issues related to management of the systemsince 1879.
The proposed amendment, SCA 21, and its counterpart on in theState Assembly, ACA 24, need two-thirds approva l from the legislature and then needss approval from state
In a release, Yee, who receivesd his bachelor’s degree from UC said that the Regents of the system thinlk theyare “above the law.” The Universityh of California Office of the President shot back in its own saying that the system is one of the few agenciezs in government that is working, that it’ss flourished under its autonomy, and that the salaries it pays to top leaderse is below the national average for comparable institutions. The state’sa constitution guaranteed the regents autonomy on all issues related to management of the systemsince 1879.
The proposed amendment, SCA 21, and its counterpart on in theState Assembly, ACA 24, need two-thirds approva l from the legislature and then needss approval from state
Friday, May 25, 2012
Mercury News workers OK 9% pay cut - San Francisco Business Times:
yjanebixe.wordpress.com
The new contract cuts pay 7 percent for the rest of and slashes an additional 2 percent from paychecks startingh onNew Year’s Day. The Media Workers Guild’sw Northern California unit announced late last week that it had reache d a tentative contract deal with the Mercurg News for its 257 members at the The contact also increases employee health insurance contributionzs and makesother concessions. The Guilcd represents 257 MercuryNews employees, including 130 in editoria jobs and 127 in advertising, finance and support positions. A ratification meetingt to discuss and vote on the proposed contract was heldMondayu afternoon. The new contract expires Nov. 30, 2010.
Othed concessions include reduced vacation accruals and movinfthe Merc’s copy desk to Walnut where MediaNews’ is based. It owns the Mercury News and 11 othere daily papers inthe region, which includw virtually all of the dailgy papers in the Bay Area excepft the and . “This is a toughu contract that will hurt a lot of our but it reflects the terribls situation that the news industry and the countryis in,” San Jose Guild Presiden Sylvia Ulloa said in a statement published in the Mercury News .
Ulloa was on the bargaining committee that negotiatedwith “The committee did the best we coulrd do to limit the damage to our minimize the loss of jobs and to try to maintai n the quality of the Mercury News.” The deal would also permir management to require up to five furlough days in 2010, move remainingy circulation and finance jobs to the Bay Area News Group’es shared services center in San Ramon, consolidat e advertising functions in the East Bay and San hire commission-only sales representatives to develol new business, and win some additional subcontracting according to the Guild. The contracg negotiations have taken place during grim times fordaily newspapers.
Several major papers have folded inreceng months, including the and the print versiob of the , and many major metropolita n papers, including the San Francisco Chronicle , , , and face daunting financial challenges.
The new contract cuts pay 7 percent for the rest of and slashes an additional 2 percent from paychecks startingh onNew Year’s Day. The Media Workers Guild’sw Northern California unit announced late last week that it had reache d a tentative contract deal with the Mercurg News for its 257 members at the The contact also increases employee health insurance contributionzs and makesother concessions. The Guilcd represents 257 MercuryNews employees, including 130 in editoria jobs and 127 in advertising, finance and support positions. A ratification meetingt to discuss and vote on the proposed contract was heldMondayu afternoon. The new contract expires Nov. 30, 2010.
Othed concessions include reduced vacation accruals and movinfthe Merc’s copy desk to Walnut where MediaNews’ is based. It owns the Mercury News and 11 othere daily papers inthe region, which includw virtually all of the dailgy papers in the Bay Area excepft the and . “This is a toughu contract that will hurt a lot of our but it reflects the terribls situation that the news industry and the countryis in,” San Jose Guild Presiden Sylvia Ulloa said in a statement published in the Mercury News .
Ulloa was on the bargaining committee that negotiatedwith “The committee did the best we coulrd do to limit the damage to our minimize the loss of jobs and to try to maintai n the quality of the Mercury News.” The deal would also permir management to require up to five furlough days in 2010, move remainingy circulation and finance jobs to the Bay Area News Group’es shared services center in San Ramon, consolidat e advertising functions in the East Bay and San hire commission-only sales representatives to develol new business, and win some additional subcontracting according to the Guild. The contracg negotiations have taken place during grim times fordaily newspapers.
Several major papers have folded inreceng months, including the and the print versiob of the , and many major metropolita n papers, including the San Francisco Chronicle , , , and face daunting financial challenges.
Thursday, May 24, 2012
No Changes to WNA Nuclear Energy Index in Quarterly Rebalancing
lihung-associations.blogspot.com
NEW YORK, June 10 /PRNewswire-FirstCall/ -- The (SM) WNAI) will have no constituent changes in itsquarterlyu rebalancing, effective 6:00 PM (EDT) Friday, June 19, 2009. The currenty count of 63 index constituents will be A complete list of constituents and weights will be poster on the WNA Nuclear Energy web site, ( ). The WNA Nuclear Energy Index(SM) is a float-adjusted index of the most prominent nuclear energu stocks inthe world. To be included in the WNAI stocks must passmultiple screens, including for capitalization, float, exchang e listing, share price and turnover.
Detailed information, includinhg constituent data, rules and price on the WNA NuclearEnergy Index(SM) is availabl at . Data is also availablee through most vendors offinancial data. Josepgh LaCorte, CFA WNA Global Indexes, LLC 646-467-7927 www.wnanuclearenergyindex.conm
NEW YORK, June 10 /PRNewswire-FirstCall/ -- The (SM) WNAI) will have no constituent changes in itsquarterlyu rebalancing, effective 6:00 PM (EDT) Friday, June 19, 2009. The currenty count of 63 index constituents will be A complete list of constituents and weights will be poster on the WNA Nuclear Energy web site, ( ). The WNA Nuclear Energy Index(SM) is a float-adjusted index of the most prominent nuclear energu stocks inthe world. To be included in the WNAI stocks must passmultiple screens, including for capitalization, float, exchang e listing, share price and turnover.
Detailed information, includinhg constituent data, rules and price on the WNA NuclearEnergy Index(SM) is availabl at . Data is also availablee through most vendors offinancial data. Josepgh LaCorte, CFA WNA Global Indexes, LLC 646-467-7927 www.wnanuclearenergyindex.conm
Tuesday, May 22, 2012
POST-COLONIAL CONTEMPORARY ART by Barbara Pollack - Artnet
ishinlyuboqemija.blogspot.com
POST-COLONIAL CONTEMPORARY ART by Barbara Pollack Artnet by Barbara Pollack Now in its fifth edition, Art HK, May 17-20, 2012, with 260 galleries from 38 countries, is better than ever, transforming Hong Kong overnight from a sleepy backwater of contemporary art into Asia's art capital. |
Monday, May 21, 2012
Damage estimates for Feb. windstorm near $90M - Business First of Columbus:
meaning-sarajevo.blogspot.com
The institute said estimates from 22 companies indicater damages likelyexceeded $88.9 million in the wake of wind that blew into the region Feb. 11, some clocked at 70 mph. That storm at one point knocked out powe r toabout 167,500 of ’s (NYSE:AEP) 1.5 millionm customers in the state. The institute cautionede that the damage estimatefor February’s storm includes data from most, but not all, of the state’as automobile and homeowners’ insuranced companies, putting the true total higher. Of the 39,501 claima logged with the 22 surveyex insurers, more than four in five were forhome damage, whicjh accounted for $71.5 million in losses.
Commercial insurancee lines recorded $11.1 million in losses, with automobilre losses totaling $2.5 million. The damage was only a fraction of the projected losses in the state as a result ofthe Sept. 14, windstorm that roared through the Midwest as a remnant ofHurricans Ike. About 270,000 claims tied to that storm totalingv $1.14 billion are expectefd in Ohio. That would set a new state Estimated insurance lossesin Texas, the epicenter of Hurricane Ike stand at about $9 billion. As Ohio claimd data stands now, insured losses tied to the Septembetr storm have risenabove $720 million, up aboutg 30 percent from the $553.1 million totak reported a month after the storm hit.
More than 80 perceny of claims and about 75 percent of lossesa were tiedto homeowners’ claims.
The institute said estimates from 22 companies indicater damages likelyexceeded $88.9 million in the wake of wind that blew into the region Feb. 11, some clocked at 70 mph. That storm at one point knocked out powe r toabout 167,500 of ’s (NYSE:AEP) 1.5 millionm customers in the state. The institute cautionede that the damage estimatefor February’s storm includes data from most, but not all, of the state’as automobile and homeowners’ insuranced companies, putting the true total higher. Of the 39,501 claima logged with the 22 surveyex insurers, more than four in five were forhome damage, whicjh accounted for $71.5 million in losses.
Commercial insurancee lines recorded $11.1 million in losses, with automobilre losses totaling $2.5 million. The damage was only a fraction of the projected losses in the state as a result ofthe Sept. 14, windstorm that roared through the Midwest as a remnant ofHurricans Ike. About 270,000 claims tied to that storm totalingv $1.14 billion are expectefd in Ohio. That would set a new state Estimated insurance lossesin Texas, the epicenter of Hurricane Ike stand at about $9 billion. As Ohio claimd data stands now, insured losses tied to the Septembetr storm have risenabove $720 million, up aboutg 30 percent from the $553.1 million totak reported a month after the storm hit.
More than 80 perceny of claims and about 75 percent of lossesa were tiedto homeowners’ claims.
Saturday, May 19, 2012
College of Nanoscale Science will start undergraduate program - Kansas City Business Journal:
wanuso.wordpress.com
State University of New York Chancellor Nancy Zimpher made the announcemengt Friday atthe college’s Fullere Road campus. Currently, the college offer only master’s and doctoral programs. Some undergraduates courses will be offered in the but the first full class of about 50 studentsz will start in the saidRobert Geer, vice presidentg of academic affairs at the The college plans to grow the freshmanj class to 300 to 500 in the next four or five said Alain Kaloyeros, the college’s vice presiden and CEO. The baccalaureate prograkm will be funded througbha $10 million endowment, a donation that includeas an undisclosed amount from G.
Thomae Selfridge, who owns The endowment is expectec to covertuition costs, Kaloyerosx said. Selfridge also made an endowment when the campus openedin 2001. The statde approved the four-year program two weeks ago. Initially, Albany Nanotech will not add to its stafft of55 professors, Geer said, but that number is expectedx to grow to 75 over the next five Friday’s announcement was another mileston for the Albany NanoTech where the college is located. Earliedr this week, officials there announced that federal and state investments at the campusz hadtopped $5 billion. Employment has also exceede d the 2,500-mark.
That’s the number of researchers, engineers, students and faculty that now work atthe 800,000-square-foogt complex. With an average salarh of $81,000, those numberzs translate to an annual payrollof $202 Albany NanoTech opened its fourt building, NanoFab 300 East, this past spring. Zimpher becamew chancellor June 1. She is touring SUNY campuses over the nextfew
State University of New York Chancellor Nancy Zimpher made the announcemengt Friday atthe college’s Fullere Road campus. Currently, the college offer only master’s and doctoral programs. Some undergraduates courses will be offered in the but the first full class of about 50 studentsz will start in the saidRobert Geer, vice presidentg of academic affairs at the The college plans to grow the freshmanj class to 300 to 500 in the next four or five said Alain Kaloyeros, the college’s vice presiden and CEO. The baccalaureate prograkm will be funded througbha $10 million endowment, a donation that includeas an undisclosed amount from G.
Thomae Selfridge, who owns The endowment is expectec to covertuition costs, Kaloyerosx said. Selfridge also made an endowment when the campus openedin 2001. The statde approved the four-year program two weeks ago. Initially, Albany Nanotech will not add to its stafft of55 professors, Geer said, but that number is expectedx to grow to 75 over the next five Friday’s announcement was another mileston for the Albany NanoTech where the college is located. Earliedr this week, officials there announced that federal and state investments at the campusz hadtopped $5 billion. Employment has also exceede d the 2,500-mark.
That’s the number of researchers, engineers, students and faculty that now work atthe 800,000-square-foogt complex. With an average salarh of $81,000, those numberzs translate to an annual payrollof $202 Albany NanoTech opened its fourt building, NanoFab 300 East, this past spring. Zimpher becamew chancellor June 1. She is touring SUNY campuses over the nextfew
Friday, May 18, 2012
Facebook grows as MySpace cuts back - Orlando Business Journal:
jiqatili.wordpress.com
Reports from comScore and the Conference Board this week both showefdPalo Alto, Calif.-based Facebook has growbn larger than it Los Angeles-based The comScore report for May showed Facebook with 70.278 milliobn unique visitors in the U.S. compared to MySpace's 70.255 The lead is even bigger worldwide, with MySpacs at 123.2 million unique visitors last month comparewith Facebook's 307.1 million. The Conference Board reporft on first quarter online users inthe U.S.
showes Facebook with an even larger with 78 percent of sociaklnetwork participants, followed by MySpace (42 percent), LinkedIb (17 percent) and Twitter (10 Facebook said June 16 that its user are now exchanging 1 billionn chat messages a day using a new services it introduced last MySpace, owned by (NYSE: NWS) said Tuesday it will cut 30 percent of its work forcwe (about 400 jobs), getting down abourt 1,000 workers. Jonathan Miller, CEO of Digita l Media at News Corp., said, “MySpace grew too big consideringy the realitiesof today’ss marketplace.
”
Reports from comScore and the Conference Board this week both showefdPalo Alto, Calif.-based Facebook has growbn larger than it Los Angeles-based The comScore report for May showed Facebook with 70.278 milliobn unique visitors in the U.S. compared to MySpace's 70.255 The lead is even bigger worldwide, with MySpacs at 123.2 million unique visitors last month comparewith Facebook's 307.1 million. The Conference Board reporft on first quarter online users inthe U.S.
showes Facebook with an even larger with 78 percent of sociaklnetwork participants, followed by MySpace (42 percent), LinkedIb (17 percent) and Twitter (10 Facebook said June 16 that its user are now exchanging 1 billionn chat messages a day using a new services it introduced last MySpace, owned by (NYSE: NWS) said Tuesday it will cut 30 percent of its work forcwe (about 400 jobs), getting down abourt 1,000 workers. Jonathan Miller, CEO of Digita l Media at News Corp., said, “MySpace grew too big consideringy the realitiesof today’ss marketplace.
”
Wednesday, May 16, 2012
Report: BofA retains top bank ranking - The Business Journal of Milwaukee:
hydiuco.blogspot.com
The bank’s completed acquisitions of and MerrillLynch Co. Inc. moved it to the top spot from No. 3 in the firsty quarter of 2008. , whicyh was No. 1 a year ago, fell to No. 3 in the firsrt quarter of 2009 with assetsof $1.8 making it the only bank or thrift amonyg the country’s 50 largest insititutionzs to move down the managed to hold on to the No. 2 spot with a reporterd $2.08 trillion in first-quarter assets, while was at No. 4 with $1.28 trillion. Ten foreign-owned institutions made it onto the top50 list, basedf on filings, including based in The The holding company of BBVA Compass bank, headquartered in Ala., ranked at No.
27, up threes spots from a year ago, with assets of $61 BBVA is owned by Spanish financialgiant . Dallas-basef moved up one spot to No. 25 with assetsz of $67.4 billion, while Utah-based , whic operates Houston-based , moved up four spots to No. 29 with assetzs of $54.5 billion.
The bank’s completed acquisitions of and MerrillLynch Co. Inc. moved it to the top spot from No. 3 in the firsty quarter of 2008. , whicyh was No. 1 a year ago, fell to No. 3 in the firsrt quarter of 2009 with assetsof $1.8 making it the only bank or thrift amonyg the country’s 50 largest insititutionzs to move down the managed to hold on to the No. 2 spot with a reporterd $2.08 trillion in first-quarter assets, while was at No. 4 with $1.28 trillion. Ten foreign-owned institutions made it onto the top50 list, basedf on filings, including based in The The holding company of BBVA Compass bank, headquartered in Ala., ranked at No.
27, up threes spots from a year ago, with assets of $61 BBVA is owned by Spanish financialgiant . Dallas-basef moved up one spot to No. 25 with assetsz of $67.4 billion, while Utah-based , whic operates Houston-based , moved up four spots to No. 29 with assetzs of $54.5 billion.
Tuesday, May 15, 2012
Shelter inaction angers neighbours - London Free Press
proklofuxaanygez.blogspot.com
Shelter inaction angers neighbours London Free Press His name was one of 27 on a petition filed to council by River City's neighbours, demanding that Sarnia shut down the shelter in the Mitton Street church and uphold a council decision to deny zoning for it. Permanent zoning was shot down by council ... |
Sunday, May 13, 2012
Supreme Court stays Chrysler-Fiat deal - Business Courier of Cincinnati:
fixyruw.wordpress.com
Hensarling applauded the stay as an appropriatde measure that will allow for a review of how federalp bank bailout funds have been utilized bythe “I am encouraged by the Supreme Court’sw stay of the Chrysler bankruptcy proceedings,” said U.S. Rep. “I have been concernef about the fundamental constitutional issues of due procesd and equal protection that cry out for judicialk review and fundamental issues related to a misused of TARP funds crying out forlegislatived review.” TARP stands for Troubled Asset Relief the formal name for the federal bank bailout funding program. filed for bankruptchy protectionin April.
At the time, the companyg said it was working out a deal to combine its operations with As part of theoriginal deal, the federaol government said it would provide $3.5 billionh for bankruptcy financing and another $4.7 billion in exit financing. In Chrysler said at the time it would enter into a dealwith Italy'es Fiat in which Fiat had agreed to transfe billions of dollars in cutting-edgew technology to Chrysler.
Hensarling applauded the stay as an appropriatde measure that will allow for a review of how federalp bank bailout funds have been utilized bythe “I am encouraged by the Supreme Court’sw stay of the Chrysler bankruptcy proceedings,” said U.S. Rep. “I have been concernef about the fundamental constitutional issues of due procesd and equal protection that cry out for judicialk review and fundamental issues related to a misused of TARP funds crying out forlegislatived review.” TARP stands for Troubled Asset Relief the formal name for the federal bank bailout funding program. filed for bankruptchy protectionin April.
At the time, the companyg said it was working out a deal to combine its operations with As part of theoriginal deal, the federaol government said it would provide $3.5 billionh for bankruptcy financing and another $4.7 billion in exit financing. In Chrysler said at the time it would enter into a dealwith Italy'es Fiat in which Fiat had agreed to transfe billions of dollars in cutting-edgew technology to Chrysler.
Saturday, May 12, 2012
Exclude mother-in-law from baby's naming, not baby's life - Press of Atlantic City
obofym.wordpress.com
Exclude mother-in-law from baby's naming, not baby's life Press of Atlantic City Mothers of sons commonly harbor deep fears they'll be excluded from their grandkids' lives in favor of the mother's mother. Don't fulfill this prophesy; include her. That is, unless her behavior is genuinely harmful, versus merely obnoxious. |
Thursday, May 10, 2012
No quick fixes to $787B stimulus plan - Kansas City Business Journal:
gonyzyf.wordpress.com
Obama said the American Recoveryy and ReinvestmentAct “represents only the firsg part of the broad strategg we need to address our economic crisis,” whiled a economist says it’s goin to take time — at leastf a year, and more likelt two — for the first signes of recovery to be seen. “It’s a stop-gal measure to prevent a really bad saysDonna Ginther, directodr of the university’s Center for Economic and Businesd Analysis. “States are broke and the unemploymenrt situationis grim. ... It’s beinyg done so the states don’t have to cut to the bone and make badsituationes worse.
” Most Kansans can expect tax relief from the stimulusd plan, as well as additionaol funds for roads and infrastructure, health care technology and a more deliberatee move toward renewable energy. will receiv $348 million for state road Meanwhile, the local breakdown for health care technology and renewable energyt arestill undetermined, and that’s part of the critics say. The stimulus package lacks immediate says Rep. Todd Tiahrt (R-Goddard), who voteed against the stimulus plan, as did Rep. Jerrt Moran (R-Hays) and Sens. Pat Roberts and Sam Brownback. “We need economiv relief that works now,” Tiahrt says.
“We need a plan that focused on stimulatingthe economy. all we are getting is a massive plan to grow federakgovernment programs.” The Obamza administration predicts that the stimulus plan will create or save more than 3.5 millionm jobs nationwide over the next two including 33,000 in Kansas, and 8,100 in the Wichitsa area. “Those are good things,” Ginther says. “In the long run, that’s a positive But in the short Ginther says to expect more of the same ills from waning consumer confidence to mass layoffs to a saggingy housing market amid a global creditcruncn — to continue.
“In 2009, we’re going to continue a downward slide and it might not be untio 2011 that thingsget better,” she For now, there is nothing to do but take a wait-and-see approach to the economy. “I don’t thin k we really know how we’ll be affected,” says Lon the president of the boardof directors. “It’s right on the cusp. We’re probably withibn three weeks of knowing how we will really be impacted by this.
” In the state lawmakers wrestle with an epic budget defici t that figures to lead to across-the-board The stimulus package, designed to revitalize the economy with an instanty influx of capital, won’t be an immediate cure. “It’ s a step in the right direction, but I don’t thinm its nearly enough,” says Lori a partner and tax practice leaderfor ’ s Wichita office. “People have lost their jobs, otherzs have seen people lose Consumer confidence is just not thereand I’ not sure how much saving money on taxes is goinfg to immediately help.
” The economic remedy won’t come, Ginther says, untilo some structural improvements are made. “Th e problem with the economy right now is more than a lack of investment and a lackof consumption,” she says. “There are fundamental issues that need tobe addressed. The housing market is on life and the banking system is hurting as is thecredir market. “Those three structural problems will preveng anyeconomic recovery. ... You have to go in and fix the structurak problems.
”
Obama said the American Recoveryy and ReinvestmentAct “represents only the firsg part of the broad strategg we need to address our economic crisis,” whiled a economist says it’s goin to take time — at leastf a year, and more likelt two — for the first signes of recovery to be seen. “It’s a stop-gal measure to prevent a really bad saysDonna Ginther, directodr of the university’s Center for Economic and Businesd Analysis. “States are broke and the unemploymenrt situationis grim. ... It’s beinyg done so the states don’t have to cut to the bone and make badsituationes worse.
” Most Kansans can expect tax relief from the stimulusd plan, as well as additionaol funds for roads and infrastructure, health care technology and a more deliberatee move toward renewable energy. will receiv $348 million for state road Meanwhile, the local breakdown for health care technology and renewable energyt arestill undetermined, and that’s part of the critics say. The stimulus package lacks immediate says Rep. Todd Tiahrt (R-Goddard), who voteed against the stimulus plan, as did Rep. Jerrt Moran (R-Hays) and Sens. Pat Roberts and Sam Brownback. “We need economiv relief that works now,” Tiahrt says.
“We need a plan that focused on stimulatingthe economy. all we are getting is a massive plan to grow federakgovernment programs.” The Obamza administration predicts that the stimulus plan will create or save more than 3.5 millionm jobs nationwide over the next two including 33,000 in Kansas, and 8,100 in the Wichitsa area. “Those are good things,” Ginther says. “In the long run, that’s a positive But in the short Ginther says to expect more of the same ills from waning consumer confidence to mass layoffs to a saggingy housing market amid a global creditcruncn — to continue.
“In 2009, we’re going to continue a downward slide and it might not be untio 2011 that thingsget better,” she For now, there is nothing to do but take a wait-and-see approach to the economy. “I don’t thin k we really know how we’ll be affected,” says Lon the president of the boardof directors. “It’s right on the cusp. We’re probably withibn three weeks of knowing how we will really be impacted by this.
” In the state lawmakers wrestle with an epic budget defici t that figures to lead to across-the-board The stimulus package, designed to revitalize the economy with an instanty influx of capital, won’t be an immediate cure. “It’ s a step in the right direction, but I don’t thinm its nearly enough,” says Lori a partner and tax practice leaderfor ’ s Wichita office. “People have lost their jobs, otherzs have seen people lose Consumer confidence is just not thereand I’ not sure how much saving money on taxes is goinfg to immediately help.
” The economic remedy won’t come, Ginther says, untilo some structural improvements are made. “Th e problem with the economy right now is more than a lack of investment and a lackof consumption,” she says. “There are fundamental issues that need tobe addressed. The housing market is on life and the banking system is hurting as is thecredir market. “Those three structural problems will preveng anyeconomic recovery. ... You have to go in and fix the structurak problems.
”
Tuesday, May 8, 2012
Carrier IQ taking steps to rebuild its reputation - Washington Post
sasutezew.blogspot.com
Carrier IQ taking steps to rebuild its reputation Washington Post Today, the company is taking steps to rebuild its reputation, starting with the announced that it's hired a new Chief Privacy Officer and General Counsel named Magnolia Mobley. We sat down with Mobley and Carrier IQ's Andrew Coward to discuss her new ... |
Monday, May 7, 2012
BofA covering Countrywide CEO
amesit.wordpress.com
BofA told the news agency Mozilpo is covered by an indemnity clause that was in place when heran Countrywide, which BofA acquirefd in July for $2.5 billion. The deal made the Charlotte-basedc bank the country’s largest mortgagee lender. Last week, the Securitieas and Exchange Commission charged Mozilo and two others withsecuritiee fraud. SEC regulators accuse Mozilo and the otherd former Countrywide executives of misleading investord about the credit risks the company took to increased itsmarket share.
The SEC allegees Mozilo, former Chief Operating Officer Davidd Sambol and former Chief Financial Officere Eric Sieracki falsely assured investors that Countrywide was primarilya prime-qualitg mortgage lender that had avoidefd underwriting risky loans. The charges stem from actionsz in 2005to 2007. Mozil o also was charged with insider The SEC alleges he sold Countrywidse stock on the basis ofnonpublic information, reapinfg $140 million in profits.
BofA told the news agency Mozilpo is covered by an indemnity clause that was in place when heran Countrywide, which BofA acquirefd in July for $2.5 billion. The deal made the Charlotte-basedc bank the country’s largest mortgagee lender. Last week, the Securitieas and Exchange Commission charged Mozilo and two others withsecuritiee fraud. SEC regulators accuse Mozilo and the otherd former Countrywide executives of misleading investord about the credit risks the company took to increased itsmarket share.
The SEC allegees Mozilo, former Chief Operating Officer Davidd Sambol and former Chief Financial Officere Eric Sieracki falsely assured investors that Countrywide was primarilya prime-qualitg mortgage lender that had avoidefd underwriting risky loans. The charges stem from actionsz in 2005to 2007. Mozil o also was charged with insider The SEC alleges he sold Countrywidse stock on the basis ofnonpublic information, reapinfg $140 million in profits.
Saturday, May 5, 2012
Explosions hit Syria's two main cities, five dead - Reuters
loxezop.wordpress.com
Aljazeera.com | Explosions hit Syria's two main cities, five dead Reuters The British-based Syrian Observatory for Humans Rights, which monitors the 14-month-old revolt, said the Aleppo blast wrecked a car wash in Tal al-Zarazeer, one of the poorest suburbs of the mostly middle-class northern trading city. Deadly explosions target two Syrian cit ies New explosions rock Syrian cities |
Thursday, May 3, 2012
Architecture/Engineering: Is green the new black? Some developers think so - The Business Review (Albany):
uhetemejih.wordpress.com
Just a decade ago, when government and environmentalp groups started topromote “building and encouraging Leadership in Energt and Environmental Design—or LEED—certification, most developers It’s a fad. It’s not practical. It’s never going to pencil out financially, because tenants are never going to pay the higher leas e rates to make up for the highef materials andconstruction costs. But, now—within the last year—ths grousing has all but stopped insome circles. Greehn building has caught on nationwide.
There are LEED projects in 50 states and69 countries, accordingh to the , the nonprofit that oversees the certification Meanwhile, there are several projects around the Capitapl Region. In Albany, The , the law firm and the -op—to name a few—have registered LEED projects. In supermarkets and have registeredLEED projects. In Glens rehabbed a downtown building that’as going for gold status unded the LEEDrating system. At Saint Rose, getting that certified green statuss will costabout $2.6 million on its new $16 millio n Massry Center for the Arts.
While a $300,000 geothermal heatinh system was among the elements that added to the it is expected tosave $43,000 a year in energy The green features of the project, too, are expectedd to pay for themselves in less than five said Marcus Buckley, the private college’s vice presidenf of finance and administration. Projects like Saint Rose’s are not unique to the Capitap Region. Neither is the talk of how greem features pay for themselves within afew years. Brian Owendoff, vice president in the Portland, office of , a national real estatwe developer, said the acceptancee of sustainable features goes hand in hand with theirrreduced costs.
Ten years ago, developers and thei r clients would likely proceed through a traditional design and engineering then treat sustainable features as an he said. The cost of re-engineeringg the project alone would typically make the sustainablsefeatures unaffordable. “But if you’re designing it out of the blockx for being asustainable building, then the premiuj cost is much lower,” he said. With eco-friendlyg building making more sensed on thebottom line, there’s growing interest.
A 2007 nationalp green building survey conducted by for the National Real Estat Investor found that 84 percent of corporate tenants and 77 percentg of all developers in the study expectrto own, manage or lease at least some greej properties within the next five “For the first time, just in the last 12 we’re actually seeing tenant proposals for space where they’re asking the question, ‘Whag are your sustainability said Douglas Howe, CEO of , a commercialk real estate developer in “You’re starting to see major corporations say, ‘we’rs green, we’re sustainable.’ And now theidr shareholders ...
are asking what they’r e doing about it. So the corporations are steppingt up.” But he added: “Developers still resist change and innovatio nuntil they’re forced to recognize it and deal with it—until their customers demand it. So we’re at the tippinh point right now.” Even so, with costs comintg down, Mark Breslin, vice presiden t and general manager ofin Albany, estimatea that some element of green construction now plays a part in 70 percent of all projectsx in the region. “There’s really no compellin reason anymore not to go said Breslin, whose company has greebn projects under its belt.
“We’ve seen a tremendous amoun of increase in the lastcoupld years. I can’t think of a projecg that isn’t doing some form of Turner Construction, incidentally, practices what it preaches: It had greenh in mind before it leased new offic space at Corporate Woodsin Albany. “Wee know that the owners are selecting product s based onsustainability components,” Breslin
Just a decade ago, when government and environmentalp groups started topromote “building and encouraging Leadership in Energt and Environmental Design—or LEED—certification, most developers It’s a fad. It’s not practical. It’s never going to pencil out financially, because tenants are never going to pay the higher leas e rates to make up for the highef materials andconstruction costs. But, now—within the last year—ths grousing has all but stopped insome circles. Greehn building has caught on nationwide.
There are LEED projects in 50 states and69 countries, accordingh to the , the nonprofit that oversees the certification Meanwhile, there are several projects around the Capitapl Region. In Albany, The , the law firm and the -op—to name a few—have registered LEED projects. In supermarkets and have registeredLEED projects. In Glens rehabbed a downtown building that’as going for gold status unded the LEEDrating system. At Saint Rose, getting that certified green statuss will costabout $2.6 million on its new $16 millio n Massry Center for the Arts.
While a $300,000 geothermal heatinh system was among the elements that added to the it is expected tosave $43,000 a year in energy The green features of the project, too, are expectedd to pay for themselves in less than five said Marcus Buckley, the private college’s vice presidenf of finance and administration. Projects like Saint Rose’s are not unique to the Capitap Region. Neither is the talk of how greem features pay for themselves within afew years. Brian Owendoff, vice president in the Portland, office of , a national real estatwe developer, said the acceptancee of sustainable features goes hand in hand with theirrreduced costs.
Ten years ago, developers and thei r clients would likely proceed through a traditional design and engineering then treat sustainable features as an he said. The cost of re-engineeringg the project alone would typically make the sustainablsefeatures unaffordable. “But if you’re designing it out of the blockx for being asustainable building, then the premiuj cost is much lower,” he said. With eco-friendlyg building making more sensed on thebottom line, there’s growing interest.
A 2007 nationalp green building survey conducted by for the National Real Estat Investor found that 84 percent of corporate tenants and 77 percentg of all developers in the study expectrto own, manage or lease at least some greej properties within the next five “For the first time, just in the last 12 we’re actually seeing tenant proposals for space where they’re asking the question, ‘Whag are your sustainability said Douglas Howe, CEO of , a commercialk real estate developer in “You’re starting to see major corporations say, ‘we’rs green, we’re sustainable.’ And now theidr shareholders ...
are asking what they’r e doing about it. So the corporations are steppingt up.” But he added: “Developers still resist change and innovatio nuntil they’re forced to recognize it and deal with it—until their customers demand it. So we’re at the tippinh point right now.” Even so, with costs comintg down, Mark Breslin, vice presiden t and general manager ofin Albany, estimatea that some element of green construction now plays a part in 70 percent of all projectsx in the region. “There’s really no compellin reason anymore not to go said Breslin, whose company has greebn projects under its belt.
“We’ve seen a tremendous amoun of increase in the lastcoupld years. I can’t think of a projecg that isn’t doing some form of Turner Construction, incidentally, practices what it preaches: It had greenh in mind before it leased new offic space at Corporate Woodsin Albany. “Wee know that the owners are selecting product s based onsustainability components,” Breslin
Tuesday, May 1, 2012
Trial begins over 2010 Mich. stabbing spree attack - The Associated Press
younkinesagugad1746.blogspot.com
The Associated Press | Trial begins over 2010 Mich. stabbing spree attack The Associated Press By ED WHITE, AP â€" 1 minute ago FLINT, Mich. (AP) â€" A woman held the cremated remains of her slain brother in court Tuesday as she watched jury selection in the first murder trial stemming from a series of knife attacks that shocked a Michigan city two ... |
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