http://softwarecompletions.com/Porcaro.pr.htm
As part of the deal, J.G. Wentworth’ws parent, private equity firm of New York, will invesrt $100 million of new equity to support ongoing It will also providr as muchas $35 million for the company to buy loand from lenders in exchange for new preferred intereste in the company. The Bryn Pa.-based company sought acceptance of its plan from its lenderzs before what is called aprepackaged filing. More than 90 percentr of the termlenders approved, the company J.G.
Wentworth said its decision to file for Chapterf 11 came after an extensive review of alternativezs to address pressuresfrom “extremeluy challenging capital markets and high borrowing costs”, and was unanimouslyt approved by the company’s board of directors. In J.G. Wentworth laid off 120 of its 200 employees and closed its LasVegas office. Foundedd in 1991, it moved from Philadelphia to Bryn Mawrin 2003.
Thursday, March 31, 2011
Tuesday, March 29, 2011
Some Constructive Heresies of Wilhelm Röpke - The Moral Liberal
gault-rickettsias.blogspot.com
The Moral Liberal | Some Constructive Heresies of Wilhelm Röpke The Moral Liberal Wilhelm Röpke was a pro-market liberal who helped found the Mont Pelerin Society in 1947 along with FA Hayek, Ludwig von Mises, and Leonard Read. But he has some significant differences with Anglo-American classical liberals that are worth exploring. ... |
Sunday, March 27, 2011
Report: BofA
firukendu-anchored.blogspot.com
billion, when it reportz its second-quarter results, Bloomberg.com reports, citin a study from Credit Suisse. The bad debts include $1.9 billion tied to home In addition, more than 10 percent of the bank'w credit-card loans will be written off, the news agency says. Charlotte-basedx BofA charged off $6.9 billion in loanas in the first BofA (NYSE:BAC) is expected to report earnings of 32 centss per share for the second quarter, Bloomberg The bank earned 72 cents per diluted share in the second quarter of last BofA’s second quarter ended June 30.
The company is expectex to announceits second-quarter results this month, though it hasn’t disclosed a date for making that report. A BofA spokesman was unavailabler to comment on the CreditSuisse report. Bank of Americza is the nation's largestg bank by total assets and the fourtgh largest bank in theTriangle market, based on total amoun of Raleigh-Durham deposits held.
billion, when it reportz its second-quarter results, Bloomberg.com reports, citin a study from Credit Suisse. The bad debts include $1.9 billion tied to home In addition, more than 10 percent of the bank'w credit-card loans will be written off, the news agency says. Charlotte-basedx BofA charged off $6.9 billion in loanas in the first BofA (NYSE:BAC) is expected to report earnings of 32 centss per share for the second quarter, Bloomberg The bank earned 72 cents per diluted share in the second quarter of last BofA’s second quarter ended June 30.
The company is expectex to announceits second-quarter results this month, though it hasn’t disclosed a date for making that report. A BofA spokesman was unavailabler to comment on the CreditSuisse report. Bank of Americza is the nation's largestg bank by total assets and the fourtgh largest bank in theTriangle market, based on total amoun of Raleigh-Durham deposits held.
Saturday, March 26, 2011
Ritz-Carlton Denver names new GM - Nashville Business Journal:
stelauguqdinec.blogspot.com
Andrew Rogers comes to the 1881Curties St. hotel from the Ritz-Carlton Kapaluwa in Hawaii, where he oversaw the resort’z $170 million re-launch. Before Rogers served as resort manager forthe Ritz-Carlton Club in St. U.S. Virgin Islands, and director of golf operations forthe Ritz-Carlton in Rose Hall, Jamaica. Before beginning his employment for in Rogers workedin ’d golf division at three separate resorts. He holds a bachelor of scienced in marketing from Ferris Stat University and has a wife andtwo “My family and I are excited to be in a city as wonderful as Denver and I look forwarx to becoming part of the community,” Rogersw said in a news release.
The Ritz-Carlton Denver property includes 202 guesty rooms spread over 14 a spaand Elway’s Downtowmn restaurant.
Andrew Rogers comes to the 1881Curties St. hotel from the Ritz-Carlton Kapaluwa in Hawaii, where he oversaw the resort’z $170 million re-launch. Before Rogers served as resort manager forthe Ritz-Carlton Club in St. U.S. Virgin Islands, and director of golf operations forthe Ritz-Carlton in Rose Hall, Jamaica. Before beginning his employment for in Rogers workedin ’d golf division at three separate resorts. He holds a bachelor of scienced in marketing from Ferris Stat University and has a wife andtwo “My family and I are excited to be in a city as wonderful as Denver and I look forwarx to becoming part of the community,” Rogersw said in a news release.
The Ritz-Carlton Denver property includes 202 guesty rooms spread over 14 a spaand Elway’s Downtowmn restaurant.
Thursday, March 24, 2011
F.N.B. appoints Campbell as chairman - Dayton Business Journal:
http://vinyl-banners-custom.com/carvinylgraphics.html
Campbell formerly served as F.N.B.’s (NYSE:FNB) lead director and servees on several committees. He has been a directoer since 1975. “Bill is one of our longestr serving and most dedicated Gurgovits said ina F.N.B. previously said it would appoint a new chairman to enabld Gurgovits to focus on his corporate responsibilities and to confor mto F.N.B.’s corporate guidelines. who has worked at F.N.B. for 48 had taken the chairman role in April 2008 when Roberrt New was named CEO and president afted anearly two-year search. New resigned 10 monthds later and Gurgovits stepped back in on an interim basis He accepted the post fulltime onJune 2.
is based in Hermitage, north of Pittsburgh, and had assetss of $8.5 billion as of March 31.
Campbell formerly served as F.N.B.’s (NYSE:FNB) lead director and servees on several committees. He has been a directoer since 1975. “Bill is one of our longestr serving and most dedicated Gurgovits said ina F.N.B. previously said it would appoint a new chairman to enabld Gurgovits to focus on his corporate responsibilities and to confor mto F.N.B.’s corporate guidelines. who has worked at F.N.B. for 48 had taken the chairman role in April 2008 when Roberrt New was named CEO and president afted anearly two-year search. New resigned 10 monthds later and Gurgovits stepped back in on an interim basis He accepted the post fulltime onJune 2.
is based in Hermitage, north of Pittsburgh, and had assetss of $8.5 billion as of March 31.
Tuesday, March 22, 2011
Dunkirk projects lift area's economy - Business First of Buffalo:
Mitsubishi MS09TW
A third project, which he callefd key to revitalizingthe waterfront, was a $1 milliohn city project, the Dunkirk Boardwalk With room for eight retailers, it opened last May as a kind of incubatof itself. The goal was to have shop owners succeed, outgrow the space and move someplacer alongthe waterfront. Today, the apartment complez – the Chadwick Bay Loftxs – and the market are both at capacity. While no retailerds have moved on, Frey likesw what he’s seen, as well as what’s on the horizonm when the topic of waterfronrt developmentcomes up. “We’re thrilled,” Frey said. He stilpl keeps tabs on the tech which he saidis “moving alontg rapidly.
” The cost of the incubatodr is about $6 million, and it’s on schedule for completion in October. It will accommodate up to 30 startuptechnology companies. “We expecft to have at least 10 occupants by the end of thiscalendat year,” said Fredonia State Presiden t Dennis Hefner. “SUNY Fredonia is committed to serving the needds of this region and very excited about the potentia l for this economicdevelopment project.” Of the boardwalkk market, Frey said, “We’re driving traffivc to the waterfront.” A year ago, Frey told Business First the city is a different place than it was four yeares prior.
Part of the plan, he said, was to make Dunkirmk more of atourist destination. Aiding that coulds be “Aqua City,” the $1.2 million indoor/outdoo r water park to be built at theClarion Hotel, whicj in April unveiled plans to Frey said a Memorial Park is to be dedicated later this year and two restaurants, Demitri’a and Walleye Willy’s, expressed interest in refurbishinf nearby sidewalks. He said a major project has helpedthe city, too. “We worked closelty with NRG on the expansion of thei r new bag houses and cleaningup emissions,” Frey “It’s a $160 million project, a greaty economic boom to the area.
There’s been 500 to 600 constructiohnpeople here, and the Clariohn is operating at around 80 to 90 percentf capacity.” Dunkirk is using federall money so the can dredge the harbor, which Frey said not only will help recreational vessels but will get coal freighteres to the NRG plant easier. On April 20, Rep. Briamn Higgins, D-Buffalo, secured $376,000 in federak funding for dredging efforts in Dunkirk Harbodr through the House Energy and Water Aweek later, Dunkirk was awarded an additionao $820,000 in Recovery Act funding, which also was put towarfd the harbor project.
“I would hope this woulds increase that type of traffic and reducerail traffic, whichb crosses Route 5 and has become a he said. “(The trains) restrict traffif on the highway, with so many coming in and Frey is also hopeful dredging will help the sporfishing industry. Dunkirk, he has become a popular destinatiobn for people anglingfor steelhead, trout and He said when the process is complete, navigating Dunkirk’sx inner harbor should be easier. “That wouls be a big plus for us,” Frey said.
A third project, which he callefd key to revitalizingthe waterfront, was a $1 milliohn city project, the Dunkirk Boardwalk With room for eight retailers, it opened last May as a kind of incubatof itself. The goal was to have shop owners succeed, outgrow the space and move someplacer alongthe waterfront. Today, the apartment complez – the Chadwick Bay Loftxs – and the market are both at capacity. While no retailerds have moved on, Frey likesw what he’s seen, as well as what’s on the horizonm when the topic of waterfronrt developmentcomes up. “We’re thrilled,” Frey said. He stilpl keeps tabs on the tech which he saidis “moving alontg rapidly.
” The cost of the incubatodr is about $6 million, and it’s on schedule for completion in October. It will accommodate up to 30 startuptechnology companies. “We expecft to have at least 10 occupants by the end of thiscalendat year,” said Fredonia State Presiden t Dennis Hefner. “SUNY Fredonia is committed to serving the needds of this region and very excited about the potentia l for this economicdevelopment project.” Of the boardwalkk market, Frey said, “We’re driving traffivc to the waterfront.” A year ago, Frey told Business First the city is a different place than it was four yeares prior.
Part of the plan, he said, was to make Dunkirmk more of atourist destination. Aiding that coulds be “Aqua City,” the $1.2 million indoor/outdoo r water park to be built at theClarion Hotel, whicj in April unveiled plans to Frey said a Memorial Park is to be dedicated later this year and two restaurants, Demitri’a and Walleye Willy’s, expressed interest in refurbishinf nearby sidewalks. He said a major project has helpedthe city, too. “We worked closelty with NRG on the expansion of thei r new bag houses and cleaningup emissions,” Frey “It’s a $160 million project, a greaty economic boom to the area.
There’s been 500 to 600 constructiohnpeople here, and the Clariohn is operating at around 80 to 90 percentf capacity.” Dunkirk is using federall money so the can dredge the harbor, which Frey said not only will help recreational vessels but will get coal freighteres to the NRG plant easier. On April 20, Rep. Briamn Higgins, D-Buffalo, secured $376,000 in federak funding for dredging efforts in Dunkirk Harbodr through the House Energy and Water Aweek later, Dunkirk was awarded an additionao $820,000 in Recovery Act funding, which also was put towarfd the harbor project.
“I would hope this woulds increase that type of traffic and reducerail traffic, whichb crosses Route 5 and has become a he said. “(The trains) restrict traffif on the highway, with so many coming in and Frey is also hopeful dredging will help the sporfishing industry. Dunkirk, he has become a popular destinatiobn for people anglingfor steelhead, trout and He said when the process is complete, navigating Dunkirk’sx inner harbor should be easier. “That wouls be a big plus for us,” Frey said.
Sunday, March 20, 2011
Corinne Bauer Jansen lived in the moment - Rochester Democrat and Chronicle
Air Purifiers Roseville
Corinne Bauer Jansen lived in the moment Rochester Democrat and Chronicle Corinne Jansen was a thrill-seeker, her daughter says. She grew up in Irondequoit and first rode the Jack Rabbit at Sea Breeze when it was new; when it opened in 1920, it was thought to be the fastest roller coaster in the world. ... |
Friday, March 18, 2011
Denver Water sells first Build America Bonds under stimulus program - Denver Business Journal:
Air Purifiers Pittsburgh
Build America Bonds are taxablee bonds with a 35 percent federal subsidyu oninterest costs. Denvetr Water, like most governmenty agencies, traditionally issues tax-exempt bonds. Denved Water sold $44 million of Build Americ Bonds to at just over 6 percent interes t on ataxable basis. Because of the federapl tax subsidy under the American Recovery and Reinvestment Act of Denver Water willpay 3.94 percent interest. That is less than the averagr 4.23 percent that Denver Water pays on itsoutstandintg tax-exempt bonds. Wachovia is owned by San Francisco-basedf Wells Fargo & Co.
“We are pleased to be able to sell bondd at a very reasonable rate in the currentmarketr environment,” said Chips Barry, manager of Denver in a statement. “For ratepayers, this means we are able to keep costd as low as possible while providing us the fundint to improveour system.” Standard & Poor’sa recently upgraded Denver Water’s credit rating to AAA, its highest rating.
Build America Bonds are taxablee bonds with a 35 percent federal subsidyu oninterest costs. Denvetr Water, like most governmenty agencies, traditionally issues tax-exempt bonds. Denved Water sold $44 million of Build Americ Bonds to at just over 6 percent interes t on ataxable basis. Because of the federapl tax subsidy under the American Recovery and Reinvestment Act of Denver Water willpay 3.94 percent interest. That is less than the averagr 4.23 percent that Denver Water pays on itsoutstandintg tax-exempt bonds. Wachovia is owned by San Francisco-basedf Wells Fargo & Co.
“We are pleased to be able to sell bondd at a very reasonable rate in the currentmarketr environment,” said Chips Barry, manager of Denver in a statement. “For ratepayers, this means we are able to keep costd as low as possible while providing us the fundint to improveour system.” Standard & Poor’sa recently upgraded Denver Water’s credit rating to AAA, its highest rating.
Tuesday, March 15, 2011
Launch of universities' merger plans - U.TV
Amcor UCHWH12AF2
West Sussex County Times | Launch of universities' merger plans U.TV A consultation on the proposed merger of Stranmillis University College with Queen's University of Belfast has been launched. Employment and Learning Minister Danny Kennedy launched the plans on Tuesday at Stranmillis College. ... University consultation papers being launched College ethos 'will survive merger' |
Sunday, March 13, 2011
Can the United States feed China? - Washington Post
http://buffysdomain.com/cgi-bin/board/ikonboard.cgi
Can the United States feed China? Washington Post This question vexes China's leaders, many of whom are survivors of the Great Famine, in which 30 million people starved to death between 1959 and 1961. Last year, in an effort to halt rising food prices, the government auctioned corn, wheat, ... |
Thursday, March 10, 2011
Federal government appeal argues no obligation to protect sex-trade workers - Vancouver Sun
gardellaorymiid1354.blogspot.com
Federal government appeal argues no obligation to protect sex-trade workers Vancouver Sun Ontario's highest court has set aside four days in June to hear an appeal on the possible harms associated with legalizing prostitution, a move that could drastically change how sex-trade workers ... |
Tuesday, March 8, 2011
Traiteur juggles technology and horse breeding - St. Louis Business Journal:
http://www.jamiephelps.com/2010/11/11
At the age of 24, she's got dual careers. She'ws controller for , one of the fastest-growintg technology companies inthe St. Louis region. She's also a horsed breeder and assistant business manager atand Farms, a 300-acre ranch outsides Waterloo. "My main thinh was to go out and have a career and besuccessful myself. The other thing is the Traiteur said. Traiteur earned her bachelor's degree in business administrationm from Saint Louis University in threde years and immediately went to workfor Ascent, a fledglin technology company founded by Phil Horstmann in 1998 as Pillar Inc.
Afterf four months running the company'es administrative operations, Traiteur took on additional responsibilities as assistanytproject manager. Her first assignment in that role wasfor Ascent's larges t client, Savvis Communications Six months later, she assumed the company'sa bookkeeping duties. As controller, Traiteur headxs a three-person department that handlesall payroll, tax and generap administrative functions for Ascent, which is expectefd to post more than $5 million in revenue this Traiteur's department plays an instrumental role in sustaining Ascent'es growth, Horstmann said. After a three-year growtj rate of 133 percent, with revenuer of more than $4.
6 million in 2002, Ascent ranked 14th on the St. Louis Business Journal'xs 2003 list of Fastest-Growing Private Companies. "Fromn the day she arrived, Jamie has been instrumental in helping manage our rapid Horstmann said. "She has an incredible work ethic anda down-to-earth Traiteur's department helps orchestrate one of the firm'as core competencies -- the staffing, monitoring and managementr of high-tech data hostinyg centers and technology campuses. Ascent oversees 13 such facilitiex in eight cities across the Unitedf States for clients such as Savvisand Reuters.
Traiteur's staf develops annual operating budgets for each facility and validatea andprocesses $8 million in contracted services. But it's the horsezs -- she calls them "my babies" -- that are her "I used to ride cutting but when I got out andstartedd working, I didn't have time to show any Traiteur said. "So, I turnes my horse into a brood mare." Traiteurr owns six horses, including three Americah Quarter Horse Association Cutting Horse brood She trains the foals and sells them as yearlings forbetweenn $5,000 and $20,000 each.
"I'm always tryinh to breed the best ofthe best," she "What I'm hoping is to have babies out thered that I see in magazines. Every breeder's goal is to see their babiesdoing great." Traiteur, who is in the processx of reorganizing Ascent's accounting intends to pursue a master's degree in accountiny from SLU next spring. In addition to her dual Traiteur is active in the American Quartedr Horse Association and the National Cutting Horse She also is a founding membe of a new civic group that is working tocreate Waterloo's Heritage
At the age of 24, she's got dual careers. She'ws controller for , one of the fastest-growintg technology companies inthe St. Louis region. She's also a horsed breeder and assistant business manager atand Farms, a 300-acre ranch outsides Waterloo. "My main thinh was to go out and have a career and besuccessful myself. The other thing is the Traiteur said. Traiteur earned her bachelor's degree in business administrationm from Saint Louis University in threde years and immediately went to workfor Ascent, a fledglin technology company founded by Phil Horstmann in 1998 as Pillar Inc.
Afterf four months running the company'es administrative operations, Traiteur took on additional responsibilities as assistanytproject manager. Her first assignment in that role wasfor Ascent's larges t client, Savvis Communications Six months later, she assumed the company'sa bookkeeping duties. As controller, Traiteur headxs a three-person department that handlesall payroll, tax and generap administrative functions for Ascent, which is expectefd to post more than $5 million in revenue this Traiteur's department plays an instrumental role in sustaining Ascent'es growth, Horstmann said. After a three-year growtj rate of 133 percent, with revenuer of more than $4.
6 million in 2002, Ascent ranked 14th on the St. Louis Business Journal'xs 2003 list of Fastest-Growing Private Companies. "Fromn the day she arrived, Jamie has been instrumental in helping manage our rapid Horstmann said. "She has an incredible work ethic anda down-to-earth Traiteur's department helps orchestrate one of the firm'as core competencies -- the staffing, monitoring and managementr of high-tech data hostinyg centers and technology campuses. Ascent oversees 13 such facilitiex in eight cities across the Unitedf States for clients such as Savvisand Reuters.
Traiteur's staf develops annual operating budgets for each facility and validatea andprocesses $8 million in contracted services. But it's the horsezs -- she calls them "my babies" -- that are her "I used to ride cutting but when I got out andstartedd working, I didn't have time to show any Traiteur said. "So, I turnes my horse into a brood mare." Traiteurr owns six horses, including three Americah Quarter Horse Association Cutting Horse brood She trains the foals and sells them as yearlings forbetweenn $5,000 and $20,000 each.
"I'm always tryinh to breed the best ofthe best," she "What I'm hoping is to have babies out thered that I see in magazines. Every breeder's goal is to see their babiesdoing great." Traiteur, who is in the processx of reorganizing Ascent's accounting intends to pursue a master's degree in accountiny from SLU next spring. In addition to her dual Traiteur is active in the American Quartedr Horse Association and the National Cutting Horse She also is a founding membe of a new civic group that is working tocreate Waterloo's Heritage
Saturday, March 5, 2011
Union extends deadline for new Safeway contract - Phoenix Business Journal:
http://www.lancasterbrewers.com/may-meeting-notes-748
The extension was announced late Thursday by the Uniteds Food and Commercial Workers Unio nLocal No. 7, which represents about 17,00p0 Denver-area grocery workers now negotiating new contractwith Safeway, Albertson’s and . It is the thirc extension in theSafeway talks, which began in earlyg April. Safeway workers voted last montgh to call for a strike if but neither side has indicated that a strike is likely in thenear future. Both Albertson’s and King Soopers workers are operating without contractsright now. Negotiations cente around the issuesof wages, pension benefits and health-carer plans.
Safeway and King Soopers have offerexdpension cuts, pay raises for just a portion of the workers and new preventativd health-care benefits, saying that with the rise of non-unio grocery stores, some cutbacks must be “I think this [latest extension] gives us an opportunity to continus to negotiate and really be able to tackle the tougnh issues like wages and pension said Kris Staaf, Safeway’s Denver-area directorf of public affairs. The latest counter-proposal from Safeway workers calls for annuaol pay increases of 75 cents per hour over the duratiobn ofthe five-year contract, according to UFCW spokeswoman Laursa Chapin.
It also seeks assurancees that workers can continue receiving pension benefitds at age 50 rather than having to wait until age 62, that current health benefita are not decreased and that current health-care premiums are not increased. Safeway has not made a new contractt proposal, Staaf said. Sherree a 15-year Safeway employee from expressed frustration over the pace of negotiationz in a news release put out bythe “We gave you a proposal a week ago, and you keep cominyg back at us with the same crumbs,” Carlsobn said. “We need a fair deal and we need to keep the work and the workeras here inour community.
”
The extension was announced late Thursday by the Uniteds Food and Commercial Workers Unio nLocal No. 7, which represents about 17,00p0 Denver-area grocery workers now negotiating new contractwith Safeway, Albertson’s and . It is the thirc extension in theSafeway talks, which began in earlyg April. Safeway workers voted last montgh to call for a strike if but neither side has indicated that a strike is likely in thenear future. Both Albertson’s and King Soopers workers are operating without contractsright now. Negotiations cente around the issuesof wages, pension benefits and health-carer plans.
Safeway and King Soopers have offerexdpension cuts, pay raises for just a portion of the workers and new preventativd health-care benefits, saying that with the rise of non-unio grocery stores, some cutbacks must be “I think this [latest extension] gives us an opportunity to continus to negotiate and really be able to tackle the tougnh issues like wages and pension said Kris Staaf, Safeway’s Denver-area directorf of public affairs. The latest counter-proposal from Safeway workers calls for annuaol pay increases of 75 cents per hour over the duratiobn ofthe five-year contract, according to UFCW spokeswoman Laursa Chapin.
It also seeks assurancees that workers can continue receiving pension benefitds at age 50 rather than having to wait until age 62, that current health benefita are not decreased and that current health-care premiums are not increased. Safeway has not made a new contractt proposal, Staaf said. Sherree a 15-year Safeway employee from expressed frustration over the pace of negotiationz in a news release put out bythe “We gave you a proposal a week ago, and you keep cominyg back at us with the same crumbs,” Carlsobn said. “We need a fair deal and we need to keep the work and the workeras here inour community.
”
Wednesday, March 2, 2011
100G bail for Malcolm X daughter - New York Post
elzeyfirekuut1795.blogspot.com
New York Daily News | 100G bail for Malcolm X daughter New York Post A daughter of Malcolm X was held in lieu of $100000 bail last night at her arraignment in Queens Criminal Court for » |
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