sucujovide.wordpress.com
In a letter to all employees, Vice Presidenft of Human Resources Rich Jiwanlal said the moveas are partthe company’s ongoing effort to “resize our company to match the continuing declines in consumet demand.” One of the measures will be furloughs which will include both product line and plant specific The dates for the furloughs will be June 29-July 2, Nov. 23-2 5 and Dec. 21-24. The letter informs employees that if vacation or earnerd time off is not available to covee these days then the furloughs will be Hawker will also be relocating its financeand supply-chain teamxs back onto the company’s primary headquarters.
This will alloa it to close twobuildings “off-campus,” the letted states. There was no announcement regarding any further The company declined to give any more informationj atthis time.
Wednesday, May 30, 2012
Tuesday, May 29, 2012
Bank Holdings under cease and desist order - South Florida Business Journal:
kleopatraxnibe.blogspot.com
parent company of Reno-based , announced it is operating under a cease and desist order to improve its capital positio n and cut its realestate losses. The bank operates as Silveradio Bankin Roseville. “Nevadza Security Bank faces unprecedented challenges with the increasing levepof non-performing loans, the steep declines in the underlyintg value of real estate collateral and the greater loan loss provisionds required,” said Hal Giomi, founder and chairman of The Bank He is also chied executive.
“Our priorities and objectives are well-defined as we purposelhy move forward toaddress issues, make prudenr modifications, and work diligently for the desiredc results,” Giomi said. The bank’s executiveds entered the agreement with Nevada banking authorities and the regulators at the end of andthe bank’s management had alreaduy started working to improve the bank’s capital levels by cutting costs, reducing the size of the balancer sheet and seeking more capital. The bank internally stopperd making new construction and land development loansin third-quarter 2007.
The regulatory order demands the bank’s managemenr increase the company’s capital, reduce the concentrationn of commercial real estate loans and change internalomonitoring procedures. Nevada Security Bank has a concentration of constructiojn and development loansin Reno, which was a boomingy real estate market through much of this but floundered starting in 2007. Bank Holdings was hammered in the fall by thefedera government’s action to put Fannie Mae and Freddie Mac into which cost the company a $15 million loss of capitao that had been invested in the stock of the two government-sponsoredx secondary mortgage investment companies.
Bank Holdings startede in 2001 with initial capitaof $14 million. It currently has $45 million in with four branches in Northern Nevad and onein Roseville.
parent company of Reno-based , announced it is operating under a cease and desist order to improve its capital positio n and cut its realestate losses. The bank operates as Silveradio Bankin Roseville. “Nevadza Security Bank faces unprecedented challenges with the increasing levepof non-performing loans, the steep declines in the underlyintg value of real estate collateral and the greater loan loss provisionds required,” said Hal Giomi, founder and chairman of The Bank He is also chied executive.
“Our priorities and objectives are well-defined as we purposelhy move forward toaddress issues, make prudenr modifications, and work diligently for the desiredc results,” Giomi said. The bank’s executiveds entered the agreement with Nevada banking authorities and the regulators at the end of andthe bank’s management had alreaduy started working to improve the bank’s capital levels by cutting costs, reducing the size of the balancer sheet and seeking more capital. The bank internally stopperd making new construction and land development loansin third-quarter 2007.
The regulatory order demands the bank’s managemenr increase the company’s capital, reduce the concentrationn of commercial real estate loans and change internalomonitoring procedures. Nevada Security Bank has a concentration of constructiojn and development loansin Reno, which was a boomingy real estate market through much of this but floundered starting in 2007. Bank Holdings was hammered in the fall by thefedera government’s action to put Fannie Mae and Freddie Mac into which cost the company a $15 million loss of capitao that had been invested in the stock of the two government-sponsoredx secondary mortgage investment companies.
Bank Holdings startede in 2001 with initial capitaof $14 million. It currently has $45 million in with four branches in Northern Nevad and onein Roseville.
Sunday, May 27, 2012
Turbulence in oil, gas prices expected to rage - Houston Business Journal:
xotavaloso.blogspot.com
“We’re approaching 2009 with extra caution,” said Vinceng White, senior vice president of investor relations forOklahoma City-based “There is a real lack of visibilitgy as to what demand will look like for oil and naturap gas due to the uncertainty in the economy.” The year aheadx should bring lower cash flow and activity levels, said White, who addede that his company is the largesft U.S.-based independent oil and gas With a strong balance sheet and structure as a low-cost producer, Devon is prepared for lower he said.
One bright spot: A drop-offv in demand should alleviate a shortfall of skilleed personnel across the industryy that has driven up salary he said. For Devonm in particular, 2009 could present an opportunityg to add assets as priceselevel off. “Stronger players tend to be able to take betterr advantageof downturns,” he said. The good news for North Texazs is thatthe company, the largest playef in the Barnett Shale, remains committeds to its vast operations there. “That is one of the last placeas we’ll cut back,” says White, citing good rates of retur at the natural gas fieldf and thesurrounding region’s strong demand for the product.
Another independent oil and gas Fort Worth-based , said it should do well in 2009 becausd of a hedging strategy that allows it to lock in priced for the year ahead. “We’ve prepared our companh for the challenges of next year quite saidGary Simpson, vice president for investodr relations and finance at XTO. And thanks to the company’xs growth this year in acquisitionsand drilling, productio n should continue to rise — by 18% in 2009 compare with 29% in 2008, he Meanwhile, one of the companiex that transports natural gas, , is keepintg a close eye on production.
“As a nation, our consumptionh of natural gas is actuallyquitwe strong, although the economy has caused it to go down slightly,” said CEO Kelcy Warren. The company owns the largest intrastate pipeline systemin Texas. “I’nm actually quite bullish for the natural gas but throughearly I’m bearish,” he said. Energu Transfer Partners is in strongg shapefor 2009, thanks in part to a strong liquidity profile, he Although the company has made severapl recent cash acquisitions, he said don’t expect it to make similar deals any time The likelihood of consolidation in the pipelins industry, however, means that “severa mid-stream (rivals) will look to for non-cash merger deals, he
“We’re approaching 2009 with extra caution,” said Vinceng White, senior vice president of investor relations forOklahoma City-based “There is a real lack of visibilitgy as to what demand will look like for oil and naturap gas due to the uncertainty in the economy.” The year aheadx should bring lower cash flow and activity levels, said White, who addede that his company is the largesft U.S.-based independent oil and gas With a strong balance sheet and structure as a low-cost producer, Devon is prepared for lower he said.
One bright spot: A drop-offv in demand should alleviate a shortfall of skilleed personnel across the industryy that has driven up salary he said. For Devonm in particular, 2009 could present an opportunityg to add assets as priceselevel off. “Stronger players tend to be able to take betterr advantageof downturns,” he said. The good news for North Texazs is thatthe company, the largest playef in the Barnett Shale, remains committeds to its vast operations there. “That is one of the last placeas we’ll cut back,” says White, citing good rates of retur at the natural gas fieldf and thesurrounding region’s strong demand for the product.
Another independent oil and gas Fort Worth-based , said it should do well in 2009 becausd of a hedging strategy that allows it to lock in priced for the year ahead. “We’ve prepared our companh for the challenges of next year quite saidGary Simpson, vice president for investodr relations and finance at XTO. And thanks to the company’xs growth this year in acquisitionsand drilling, productio n should continue to rise — by 18% in 2009 compare with 29% in 2008, he Meanwhile, one of the companiex that transports natural gas, , is keepintg a close eye on production.
“As a nation, our consumptionh of natural gas is actuallyquitwe strong, although the economy has caused it to go down slightly,” said CEO Kelcy Warren. The company owns the largest intrastate pipeline systemin Texas. “I’nm actually quite bullish for the natural gas but throughearly I’m bearish,” he said. Energu Transfer Partners is in strongg shapefor 2009, thanks in part to a strong liquidity profile, he Although the company has made severapl recent cash acquisitions, he said don’t expect it to make similar deals any time The likelihood of consolidation in the pipelins industry, however, means that “severa mid-stream (rivals) will look to for non-cash merger deals, he
Friday, May 25, 2012
Cory Booker's truth — and its consequences - Washington Post
omagyvoham.wordpress.com
New Yorker | Cory Booker's truth â€" and its consequences Washington Post Amusing, because rarely are Americans treated to such premier seats in the political theater of truth and consequence. That is, tell the truth and beware the consequences. Booker has gained much unwelcome attention from his own political party, ... Letters to the Pre sident #1218: 'Speaking truth to power' Truth-O-Meter tests claims by Jon Runyan, Cory Booker Three Ways to Show Respect for Your People |
Thursday, May 24, 2012
Back To School - Wichita Business Journal:
idozxun.blogspot.com
"He told us he didn't know if he could send all of us back to Burrus says, explaining that the four children were separateed by four years. That meant four tuitions, whicuh amounted to a significant sum. "He was preparinfg us just in case," Burrus "Back then, I was mowing lawns and had a paper I had a little bit of moneyy and I decided if I had to pay for it onmy own, I And I would have. That's how much I love this As it turned outDave Burrus, a CPA by found a way to ensurde that all his children woul graduate from Kapaun.
But you get the feelin his son's financial gesture was not mere Thirtyyears later, he proved that by passing up more lucrativre offers in the business community to return to Kapaun Mt. There are some things far more important than says Burrus, the former president of -- the precursord to -- who is now running the high schooo that has served as a constant throughout his A man once charged with running a company with more than 1,500o employees in a dozen states -- a company that generatede annual revenues in excess of $300 milliojn and had a market value of more than $3 billionh -- is now perfectl y comfortable eating lunch each day out of a brown papedr sack in a small linoleum-flooredc office with cinderblock walls.
"This is a nice placer to be," he says. "There is a big differentf between a job and dointg what I amdoing here. There are demandds on me that I need to meet but more of my heart and soul goes intothis job. I used my brai in my business career and to some extent I useit too. But here, it's my love and passio that keepsme going." Burrus met his wife Kathy at Kapaum Mt. Carmel -- and their four childrebn graduated from Kapaunas well. With Burruw back on campus, there's a sensew that their lives have come full Kathy says. "It's a huge part of our lives -- probablyt more so now," Kathy Burrus "Mike is amazing.
His dedication and his commitmenf -- his unwavering commitment -- to Kapaun is remarkable. I could nevert have done what hehas done." Seveh years ago, after Cox purchaseed Multimedia Cablevision, Burrus found himsel at a crossroads. He became a regional vice presidentr for Cox and still had his sharre of responsibility inhis job, but there was somethin g missing. There was no handwriting on the wall. Therwe was no ax about to fall. Burrus could have stayex at Cox for as long ashe And, with his experience in the market and financial background, he would have been an assetf to the Atlanta-based company. But it wouldc have been just a job. Just a paycheck.
That's not what he "When I discussed my desir to leave Cox, they offeredf me three other jobs they thought might make me Cox wasvery supportive, but I just felt like it was time for me to find somethingh else," he says. "I was at a point in my personal and professional life where I couled take a look and find something more rewarding inother ways. It really came down to where wasmy passion. Peoplw asked me what was next for me. "j always said something fun and somethinbg I ampassionate about." It took four monthss from the day he left Cox to land at The workload is different, but good managemenyt transcends industry. "It's a different producgt ...
but it's still management," he says. "It'z still putting people in the right places, doing some strategixc planning, giving them what they need to succeed and then staying out of their way and lettinb them dotheir jobs. "That's all managementr is." His employees noticwe -- and appreciate his management style. "He is a good says John Heise, Kapaun's assistant principal and athletic director. "He's very active in all facets of the You see his presence in the academix aspects and theathletic aspect. He is very prominentg in all that goeson here. His passiohn is evident in the school. You see that in how hard he worksw to provide forthe school.
"
"He told us he didn't know if he could send all of us back to Burrus says, explaining that the four children were separateed by four years. That meant four tuitions, whicuh amounted to a significant sum. "He was preparinfg us just in case," Burrus "Back then, I was mowing lawns and had a paper I had a little bit of moneyy and I decided if I had to pay for it onmy own, I And I would have. That's how much I love this As it turned outDave Burrus, a CPA by found a way to ensurde that all his children woul graduate from Kapaun.
But you get the feelin his son's financial gesture was not mere Thirtyyears later, he proved that by passing up more lucrativre offers in the business community to return to Kapaun Mt. There are some things far more important than says Burrus, the former president of -- the precursord to -- who is now running the high schooo that has served as a constant throughout his A man once charged with running a company with more than 1,500o employees in a dozen states -- a company that generatede annual revenues in excess of $300 milliojn and had a market value of more than $3 billionh -- is now perfectl y comfortable eating lunch each day out of a brown papedr sack in a small linoleum-flooredc office with cinderblock walls.
"This is a nice placer to be," he says. "There is a big differentf between a job and dointg what I amdoing here. There are demandds on me that I need to meet but more of my heart and soul goes intothis job. I used my brai in my business career and to some extent I useit too. But here, it's my love and passio that keepsme going." Burrus met his wife Kathy at Kapaum Mt. Carmel -- and their four childrebn graduated from Kapaunas well. With Burruw back on campus, there's a sensew that their lives have come full Kathy says. "It's a huge part of our lives -- probablyt more so now," Kathy Burrus "Mike is amazing.
His dedication and his commitmenf -- his unwavering commitment -- to Kapaun is remarkable. I could nevert have done what hehas done." Seveh years ago, after Cox purchaseed Multimedia Cablevision, Burrus found himsel at a crossroads. He became a regional vice presidentr for Cox and still had his sharre of responsibility inhis job, but there was somethin g missing. There was no handwriting on the wall. Therwe was no ax about to fall. Burrus could have stayex at Cox for as long ashe And, with his experience in the market and financial background, he would have been an assetf to the Atlanta-based company. But it wouldc have been just a job. Just a paycheck.
That's not what he "When I discussed my desir to leave Cox, they offeredf me three other jobs they thought might make me Cox wasvery supportive, but I just felt like it was time for me to find somethingh else," he says. "I was at a point in my personal and professional life where I couled take a look and find something more rewarding inother ways. It really came down to where wasmy passion. Peoplw asked me what was next for me. "j always said something fun and somethinbg I ampassionate about." It took four monthss from the day he left Cox to land at The workload is different, but good managemenyt transcends industry. "It's a different producgt ...
but it's still management," he says. "It'z still putting people in the right places, doing some strategixc planning, giving them what they need to succeed and then staying out of their way and lettinb them dotheir jobs. "That's all managementr is." His employees noticwe -- and appreciate his management style. "He is a good says John Heise, Kapaun's assistant principal and athletic director. "He's very active in all facets of the You see his presence in the academix aspects and theathletic aspect. He is very prominentg in all that goeson here. His passiohn is evident in the school. You see that in how hard he worksw to provide forthe school.
"
Tuesday, May 22, 2012
Belcher opens Olathe office of J2 Engineering - Kansas City Business Journal:
haygoodfoafyga1359.blogspot.com
Phoenix-based J2 has more than 100 employee s in nine cities and willpost $50 milliomn in revenue this year. Chad Belcher, a formere storm-water engineer for the JohnsonCounty government, opene J2’s newest office at 19980 W. 162nd St. in Olather on Dec. 15. Belcher also has workerd for and , both civil engineerinvg and land surveying firmsin Olathe. Belche r said Monday that his office initially will focuson storm-watere studies, floodplain analyses, road improvements and park planning for governmenyt clients.
J2 was co-foundes in 2001 by Belcher’s friend Jeff Holzmeister, who is a Native American, meaning that J2 can help developeres meet project requirements relatedxto minority-owned business Belcher said. Since its founding, J2 has been one of the fastest-growinfg small firms in the United States, providing general construction, construction management, engineering and environmental services forpublic - and private-sector clients. Belcherr said he expected the newOlathe office, currently a two-person operation, to grow in personnel and servicd offerings.
Phoenix-based J2 has more than 100 employee s in nine cities and willpost $50 milliomn in revenue this year. Chad Belcher, a formere storm-water engineer for the JohnsonCounty government, opene J2’s newest office at 19980 W. 162nd St. in Olather on Dec. 15. Belcher also has workerd for and , both civil engineerinvg and land surveying firmsin Olathe. Belche r said Monday that his office initially will focuson storm-watere studies, floodplain analyses, road improvements and park planning for governmenyt clients.
J2 was co-foundes in 2001 by Belcher’s friend Jeff Holzmeister, who is a Native American, meaning that J2 can help developeres meet project requirements relatedxto minority-owned business Belcher said. Since its founding, J2 has been one of the fastest-growinfg small firms in the United States, providing general construction, construction management, engineering and environmental services forpublic - and private-sector clients. Belcherr said he expected the newOlathe office, currently a two-person operation, to grow in personnel and servicd offerings.
Monday, May 21, 2012
Tim Vosse - Atlanta Business Chronicle:
coras-newport.blogspot.com
As acting chief financial officer, 38, is responsible for the financial oversight ofthe day-to-da operations as well as the strategic planning for the organization’s financial He leads a team of 60 people, workingb in Bethesda’s corporate offices and throughou its senior-care operations. Bethesda operates nine senior-care and also provides outpatient therapy, home-health care, adult day care and transitionakl care. Vosse took on the role of actinv CFOin October. No active CFO search is undert way atthe organization. Vosse previously served as the organization’xs vice president and directorof finance.
He joined Bethesda in Augus of 1999 as an assistant During his tenure at Vosse spearheaded the effort in 2001 to creatde a technology network forthe “When I first there weren’t very many computers utilized on a stand-alone much less as a Vosse said. Vosse’s initiative pushe d him beyond his responsibilities in thefinancial realm. “H e came in as an accounting manager and put in a PC networ k for thefirst time, brought in Internety access for the first said Greg Smith, a long-time friend of Vosse’s who worksx in the software industry. “The work he’ds done there has been more than just his nich e areain finance.
” A native of Southwestern Vosse was working for merger and acquisition firm priord to joining Bethesda. A CPA, Vosse started his careetr at . Vosse has five children. When one of his daughtera was diagnosed withattention deficit/hyperactivity disorder three years ago, it prompte Vosse to get involvec with the Attention Deficit Disorder Association of
As acting chief financial officer, 38, is responsible for the financial oversight ofthe day-to-da operations as well as the strategic planning for the organization’s financial He leads a team of 60 people, workingb in Bethesda’s corporate offices and throughou its senior-care operations. Bethesda operates nine senior-care and also provides outpatient therapy, home-health care, adult day care and transitionakl care. Vosse took on the role of actinv CFOin October. No active CFO search is undert way atthe organization. Vosse previously served as the organization’xs vice president and directorof finance.
He joined Bethesda in Augus of 1999 as an assistant During his tenure at Vosse spearheaded the effort in 2001 to creatde a technology network forthe “When I first there weren’t very many computers utilized on a stand-alone much less as a Vosse said. Vosse’s initiative pushe d him beyond his responsibilities in thefinancial realm. “H e came in as an accounting manager and put in a PC networ k for thefirst time, brought in Internety access for the first said Greg Smith, a long-time friend of Vosse’s who worksx in the software industry. “The work he’ds done there has been more than just his nich e areain finance.
” A native of Southwestern Vosse was working for merger and acquisition firm priord to joining Bethesda. A CPA, Vosse started his careetr at . Vosse has five children. When one of his daughtera was diagnosed withattention deficit/hyperactivity disorder three years ago, it prompte Vosse to get involvec with the Attention Deficit Disorder Association of
Saturday, May 19, 2012
State taking applications for BadgerCare Plus - The Business Journal of Milwaukee:
utyziluz.wordpress.com
The Core Plan is an expansio of BadgerCare Plus and providesw access tothe state’s most chronically uninsuredx population – low-income adults without dependenr children. “During this difficult budgegt environment, it’s important we continue to protect ourbasix priorities,” Gov. Jim Doyle said in a “Today, we are making quality, affordable healtnh care achievable for people who traditionallyh have not had any The BadgerCare Plus Core Plan for Adultsa with No Dependent Childrenn is a limited plan that covers basic healthcare services, including primary and preventiver care and generic drugs to low-income, chronically uninsured adults.
People who have been without healtuh insurance for a year or or lost their health insurance through no faulgt of their own and have alimited income, can appl online at: . Fundinyg for the BadgerCare Plus Core Plan is providec through the hospital tax that was approved by the legislatur e and signed into law earlierthis
The Core Plan is an expansio of BadgerCare Plus and providesw access tothe state’s most chronically uninsuredx population – low-income adults without dependenr children. “During this difficult budgegt environment, it’s important we continue to protect ourbasix priorities,” Gov. Jim Doyle said in a “Today, we are making quality, affordable healtnh care achievable for people who traditionallyh have not had any The BadgerCare Plus Core Plan for Adultsa with No Dependent Childrenn is a limited plan that covers basic healthcare services, including primary and preventiver care and generic drugs to low-income, chronically uninsured adults.
People who have been without healtuh insurance for a year or or lost their health insurance through no faulgt of their own and have alimited income, can appl online at: . Fundinyg for the BadgerCare Plus Core Plan is providec through the hospital tax that was approved by the legislatur e and signed into law earlierthis
Friday, May 18, 2012
Rating Ritter - Minneapolis / St. Paul Business Journal:
fixyruw.wordpress.com
But with three legislative sessionsbehind him, the Democratidc governor appears to have done just enough to make almost all of those constituencies unsure of whether they’ll back him stronglyt in his 2010 re-electiohn bid. Business leaders who traditionally had backed Republicans before the last race expresses enthusiasmabout Ritter’s actions, but are slow to commit to endorsingb him again as the GOP field of contendersw takes shape. According to an April survehy by Public Policy basedin Raleigh, N.C., only 41 percent of Coloradans approve of Ritter’s performance.
“Ther general observation is the governor is strugglingy andis vulnerable,” said Denverr pollster Floyd Ciruli. “But it remains to be seen if the Republicanse can find theright candidate.” But while they’re reluctanrt to endorse him, most business leaderx seem fairly happy with the governor’se performance so far. Tony Gagliardi, state director of the Colorado chapter of the said the business community is pleasesdwith Ritter’s pro-business stance on certain issues, his willingness to give business leaders a fair hearing and his vetoing of pro-union But Gagliardi and other business leaders stopped short of sayint whether the governor’s commitment to finding common grounfd among special interests will translate to their re-election “The governor is in a tight spot,” Gagliardio said.
“To move the economy forward is going toinvolve business-friendly policiesa that are going to conflict with different He can’t be all things to all people. He’s going to make some people Among those disappointed with Ritter are union groups, with some members saying they were betrayes after the governor vetoed two key pro-union measures in the past two And party activists admit they’re talking to more traditional Democrats about challengingb Ritter in a primary. “It’s tenuous at said Rep. Ed Casso, D-Thornton, a uniomn supporter and party activist. “I thinko the governor still has some time to repairthe relationships.
But I thin for a lot of people, the relationship is irretrievably broken.” Ritter won the business community’s backingf in 2006 largely because Republican candidat Bob Beauprez opposedReferendum C, the 2005 revenue-retentionb measure heavily supported by stat e commerce leaders. Since then, he has signed bills — such as this year’sx $265 million injection of transportation funds and a measure that offers tax credit s for jobcreation — that have earne d him kudos from business leaders. But at the same his backing from coreDemocratic constituencies, such as organized labor, is eroding.
Though Ritter signed a 2007 executive order allowing unionization ofstate employees, he drew angry criticism for vetoing a 2007 measure that would have made uniom organizing easier and a bill this year that woulx have allowed locked-out workers to draw unemployment pay. Ernest president of the United Food and Commerciak Workers UnionLocal 7, said members feel betrayed by such movesx that “put a big hole in the safety net for middle-class and are willing to look at supporting othert candidates. “Gov.
Ritter doesn’t seem to understand that there’s more to Colorado’s economy than ‘green jobs,’” Duranj said in a statementy responding to Denver BusinessJournal “There are thousands of othert employees who work during night s and weekends, holidays, snowstorms, NBA playoffs and Broncos who dig ditches and teach our children and put food on the and those are the people for whom Gov. Rittetr reneged on his promises.
” The governor’s spokesman, Evan Dreyer, said Rittee has aimed to govern not for specificinteresty groups, but for the average So if various groups are dissatisfied with Ritter’s performance, that may mean he’s just reachinf beyond those interests, Dreyer said. Dreyer said of the legislationj the governorhas signed, some should be considerec pro-business and some pro-labor. But his approach, Dreyefr said, has been to find commonn ground. “He governs from the As a result, I think the expectedx reaction is that there are oftejn people in the expected interest groups on one side or the othed who may be not be 100perceny satisfied,” Dreyer said.
“But what’s important are the people in the middler who are looking forpragmatic leadership. He governws from the middle. That’s where the majority of businessa owners, the majority of the people in thisstatse live. And that’s his Several Democratic activists said talksw have begun to see if someone friendlier to labor concerns would challenged Ritter ina primary. Amontg the names being tossed around are those of former House SpeakerAndrew Romanoff, House Majority Leade r Paul Weissmann and Statr Sen. Morgan Carroll.
More important than union endorsements will be the financiak contributions and volunteer hourx traditionally contributed bythe rank-and- file the majority of whom are labor backers. But for all the negativituy directed at the governor bylabor officials, businesas leaders have given him positive marks — even if few are williny to say they’ll endorse him in 2010. Loremn Furman, a lobbyist for the , said that Rittetr has done a good job listening to the business but she refused to speculate on how Ritter would fare againsa pro-business Republican challenger. “Nobodu knows who’s going to rise up,” she said.
Tony executive director of the , said his grouop is “very pleased” with Ritter, who it awarded half of a dual endorsemenrt with Beauprezin 2006. After Rittef signed the “FASTER” transportation funding bill and vetoecd thelockout bill, Milo thinks there will be a lot of members “who will go out and make the individual choic to support him.” John Brackney, president of the , acknowledgexd Ritter “potentially faces a reall big fight” in the next But Brackney said Ritter has done enough outreach with the business community, supported enough economicc development and vetoed enough bills to make a good “As long as the governor remains laser-focused on the he’ll get a larger percentage [of the business vote] than what’s generally accepted [amongb Democrats] in this state,” he said.
Ciruli points out that Rittedr enjoys certain advantages as an incumbent and it would takea “really viable” Republican to unseat him. He also cautionesd naysayers not to underestimate Ritter asa “The governor doesn’t lack energy,” he “There’s no solar panel he won’t dedicate. He’s definitelyu out there ‘working it.’ The question is whether he’zs a leader.
”
But with three legislative sessionsbehind him, the Democratidc governor appears to have done just enough to make almost all of those constituencies unsure of whether they’ll back him stronglyt in his 2010 re-electiohn bid. Business leaders who traditionally had backed Republicans before the last race expresses enthusiasmabout Ritter’s actions, but are slow to commit to endorsingb him again as the GOP field of contendersw takes shape. According to an April survehy by Public Policy basedin Raleigh, N.C., only 41 percent of Coloradans approve of Ritter’s performance.
“Ther general observation is the governor is strugglingy andis vulnerable,” said Denverr pollster Floyd Ciruli. “But it remains to be seen if the Republicanse can find theright candidate.” But while they’re reluctanrt to endorse him, most business leaderx seem fairly happy with the governor’se performance so far. Tony Gagliardi, state director of the Colorado chapter of the said the business community is pleasesdwith Ritter’s pro-business stance on certain issues, his willingness to give business leaders a fair hearing and his vetoing of pro-union But Gagliardi and other business leaders stopped short of sayint whether the governor’s commitment to finding common grounfd among special interests will translate to their re-election “The governor is in a tight spot,” Gagliardio said.
“To move the economy forward is going toinvolve business-friendly policiesa that are going to conflict with different He can’t be all things to all people. He’s going to make some people Among those disappointed with Ritter are union groups, with some members saying they were betrayes after the governor vetoed two key pro-union measures in the past two And party activists admit they’re talking to more traditional Democrats about challengingb Ritter in a primary. “It’s tenuous at said Rep. Ed Casso, D-Thornton, a uniomn supporter and party activist. “I thinko the governor still has some time to repairthe relationships.
But I thin for a lot of people, the relationship is irretrievably broken.” Ritter won the business community’s backingf in 2006 largely because Republican candidat Bob Beauprez opposedReferendum C, the 2005 revenue-retentionb measure heavily supported by stat e commerce leaders. Since then, he has signed bills — such as this year’sx $265 million injection of transportation funds and a measure that offers tax credit s for jobcreation — that have earne d him kudos from business leaders. But at the same his backing from coreDemocratic constituencies, such as organized labor, is eroding.
Though Ritter signed a 2007 executive order allowing unionization ofstate employees, he drew angry criticism for vetoing a 2007 measure that would have made uniom organizing easier and a bill this year that woulx have allowed locked-out workers to draw unemployment pay. Ernest president of the United Food and Commerciak Workers UnionLocal 7, said members feel betrayed by such movesx that “put a big hole in the safety net for middle-class and are willing to look at supporting othert candidates. “Gov.
Ritter doesn’t seem to understand that there’s more to Colorado’s economy than ‘green jobs,’” Duranj said in a statementy responding to Denver BusinessJournal “There are thousands of othert employees who work during night s and weekends, holidays, snowstorms, NBA playoffs and Broncos who dig ditches and teach our children and put food on the and those are the people for whom Gov. Rittetr reneged on his promises.
” The governor’s spokesman, Evan Dreyer, said Rittee has aimed to govern not for specificinteresty groups, but for the average So if various groups are dissatisfied with Ritter’s performance, that may mean he’s just reachinf beyond those interests, Dreyer said. Dreyer said of the legislationj the governorhas signed, some should be considerec pro-business and some pro-labor. But his approach, Dreyefr said, has been to find commonn ground. “He governs from the As a result, I think the expectedx reaction is that there are oftejn people in the expected interest groups on one side or the othed who may be not be 100perceny satisfied,” Dreyer said.
“But what’s important are the people in the middler who are looking forpragmatic leadership. He governws from the middle. That’s where the majority of businessa owners, the majority of the people in thisstatse live. And that’s his Several Democratic activists said talksw have begun to see if someone friendlier to labor concerns would challenged Ritter ina primary. Amontg the names being tossed around are those of former House SpeakerAndrew Romanoff, House Majority Leade r Paul Weissmann and Statr Sen. Morgan Carroll.
More important than union endorsements will be the financiak contributions and volunteer hourx traditionally contributed bythe rank-and- file the majority of whom are labor backers. But for all the negativituy directed at the governor bylabor officials, businesas leaders have given him positive marks — even if few are williny to say they’ll endorse him in 2010. Loremn Furman, a lobbyist for the , said that Rittetr has done a good job listening to the business but she refused to speculate on how Ritter would fare againsa pro-business Republican challenger. “Nobodu knows who’s going to rise up,” she said.
Tony executive director of the , said his grouop is “very pleased” with Ritter, who it awarded half of a dual endorsemenrt with Beauprezin 2006. After Rittef signed the “FASTER” transportation funding bill and vetoecd thelockout bill, Milo thinks there will be a lot of members “who will go out and make the individual choic to support him.” John Brackney, president of the , acknowledgexd Ritter “potentially faces a reall big fight” in the next But Brackney said Ritter has done enough outreach with the business community, supported enough economicc development and vetoed enough bills to make a good “As long as the governor remains laser-focused on the he’ll get a larger percentage [of the business vote] than what’s generally accepted [amongb Democrats] in this state,” he said.
Ciruli points out that Rittedr enjoys certain advantages as an incumbent and it would takea “really viable” Republican to unseat him. He also cautionesd naysayers not to underestimate Ritter asa “The governor doesn’t lack energy,” he “There’s no solar panel he won’t dedicate. He’s definitelyu out there ‘working it.’ The question is whether he’zs a leader.
”
Wednesday, May 16, 2012
Army replacing 1st female boss of drill sgt school days after ending ... - Washington Post
vykyvimote.wordpress.com
Kansas City Star | Army replacing 1st female boss of drill sgt school days after ending ... Washington Post COLUMBIA, SC â€" The Army is replacing the first female commander of its prestigious drill sergeant school, it announced Wednesday, just days after it lifted her unexplained six-month suspension. Even so, Command Sgt. Maj. Teresa King says she will ... Army replaces head of drill sergeant school |
Tuesday, May 15, 2012
Aurora's Southlands shopping center damaged by tornado - Pacific Business News (Honolulu):
tiqosi.wordpress.com
A twister reportedly touched down nearbuyat 1:49 p.m. Sunday and crossex through the area onan eight- to 10-mile-lonv path for about 30 the said. . Firefighters found moderate damageat Southlands, located at E-4709 and Smoky Hill CBS4 News reported. Rooftop heating, venting and air-conditioningg units were damaged, windows were broken, a shed was destroyed, and a car was Natural-gas leaks also were noted. Authorities shut down gas servicew to Southlands early Sunday afternoon. No serious injuries were reported onthe shopping-center but a man in a nearby neighborhood who was trying to take pictures reportedly was hospitalizedr with unspecified serious injuries, according to news reports.
A Southlands spokeswomabn told CBS4 most ofthe center's stores will be closec Monday to allow for continued damage assessment. She said customers shoulf call individual stores to verify whether they are closedor open. Southlands, which openex in 2006, is the Denver area'z largest shopping center by retail space, at 1.7 millio n square feet. It consists of several freestandin g buildings connected by pedestrian corridors and The complex is owned by Granite Southlands Town Centerr LLC and managed by Foresft City CommercialManagement Inc. Four other tornadoes were spottex north and east of DenverSunday afternoon, and baseball-sizec hail struck some areas.
As many as 3,009 customers were without power for a time in part of Auroraand Centennial. .
A twister reportedly touched down nearbuyat 1:49 p.m. Sunday and crossex through the area onan eight- to 10-mile-lonv path for about 30 the said. . Firefighters found moderate damageat Southlands, located at E-4709 and Smoky Hill CBS4 News reported. Rooftop heating, venting and air-conditioningg units were damaged, windows were broken, a shed was destroyed, and a car was Natural-gas leaks also were noted. Authorities shut down gas servicew to Southlands early Sunday afternoon. No serious injuries were reported onthe shopping-center but a man in a nearby neighborhood who was trying to take pictures reportedly was hospitalizedr with unspecified serious injuries, according to news reports.
A Southlands spokeswomabn told CBS4 most ofthe center's stores will be closec Monday to allow for continued damage assessment. She said customers shoulf call individual stores to verify whether they are closedor open. Southlands, which openex in 2006, is the Denver area'z largest shopping center by retail space, at 1.7 millio n square feet. It consists of several freestandin g buildings connected by pedestrian corridors and The complex is owned by Granite Southlands Town Centerr LLC and managed by Foresft City CommercialManagement Inc. Four other tornadoes were spottex north and east of DenverSunday afternoon, and baseball-sizec hail struck some areas.
As many as 3,009 customers were without power for a time in part of Auroraand Centennial. .
Sunday, May 13, 2012
Tedco awards $600K to tech firms - Business First of Buffalo:
olimstgon.blogspot.com
The money was granted in collaboratiojn withthe U.S. Army Medical Research and Materiel Command and the througbthe Ft. Detrick Technology Transfer Initiative. The purposer of the technology transfer program is to raise awareness of new and developing technologies and funding them to transitiomn as viable projectsfor follow-o funding in the market place. Each company that receiveed funding was awardedapproximately $50,000 betweenb March 2008 and May making up the initiative’se second round of financialo awards since its $750,00p program extension. The funds for the program’a second phase were secured by Sen. Barbara Mikulski, and Rep. Roscoe G. Bartlett, R-Md. “The [Ft.
Detrick Technology Transfer program is enabling area businesses to harnesds the technologies being developed at Fort Detriclk and apply them to the commercial sector,” said Mikulski. “This will lead to new productss that have the power to create jobs andsave lives.” Mikulskii announced the first phase of the tech transfer progran in March 2005 when 11 companiesx received funding. in Rockville: The companyg is developing a health care technology called miTag which is a scalable wireless sensor solutionm for improvingpatient flow. in Frederick: The company is developing a technology called the GeNova Screento identify, and produce antibody-like molecules.
in The company is developintgan on-demand biotech products includingb a combination vaccine against plague and anthrax. BioAssay Works LLC in The company is developinyga lateral-flow visual diagnostic test to detect and differentiate singled sample multiple pathogenic poxviruses, including vaccinia, and monkeypox. in The company is safety-testin g a medical product calledd ClotFoam, which is a non-compressible, intracavitary hemostati c agent. CynerGene IDMP in Frederick: The compang is developing, validating and implementing a supplemental diagnosisof Malaria, HIV, and Denguwe using its Infectious Disease Multiplex Panel which could allow for creationn of biosensors.
LLC in Baltimore: The company is developin g required components and system framework to enablee conversational interfaces for telemedicine Such tools would allow professionaol medics touse voice, gesture, and othet human-- computer interactions to access and document information in electronic medicak records. in Rockville: The company is developing technologyg to preserve mammalian cells in dried format that can easilgbe re-hydrated for a variety of uses. LLC in The company is evaluating the effect of Imagilin patentec probiotics as a food supplement to enhance the immun e responsiveness of guinea pigs upon immunizatioh or challenge withvirulent pathogens.
The evaluation will suggest the ability of Imagilin patented probioticsz to enhance the immunization ofa vaccine. in The company is developing micropatterned substrates for viralpinfectivity assays. Juxtopia in Baltimore: The companh is customizing its Wearablw Assistance and SituationalAwareness (WASA) goggles and services to allow U.S. Army combat medics to access and document informatiobn to electrical medical recordsvia hands-free voice-requestsz and voice-responses. in Baltimore: The company is developinv cell therapies to treat brain and spinalcord injuries.
The money was granted in collaboratiojn withthe U.S. Army Medical Research and Materiel Command and the througbthe Ft. Detrick Technology Transfer Initiative. The purposer of the technology transfer program is to raise awareness of new and developing technologies and funding them to transitiomn as viable projectsfor follow-o funding in the market place. Each company that receiveed funding was awardedapproximately $50,000 betweenb March 2008 and May making up the initiative’se second round of financialo awards since its $750,00p program extension. The funds for the program’a second phase were secured by Sen. Barbara Mikulski, and Rep. Roscoe G. Bartlett, R-Md. “The [Ft.
Detrick Technology Transfer program is enabling area businesses to harnesds the technologies being developed at Fort Detriclk and apply them to the commercial sector,” said Mikulski. “This will lead to new productss that have the power to create jobs andsave lives.” Mikulskii announced the first phase of the tech transfer progran in March 2005 when 11 companiesx received funding. in Rockville: The companyg is developing a health care technology called miTag which is a scalable wireless sensor solutionm for improvingpatient flow. in Frederick: The company is developing a technology called the GeNova Screento identify, and produce antibody-like molecules.
in The company is developintgan on-demand biotech products includingb a combination vaccine against plague and anthrax. BioAssay Works LLC in The company is developinyga lateral-flow visual diagnostic test to detect and differentiate singled sample multiple pathogenic poxviruses, including vaccinia, and monkeypox. in The company is safety-testin g a medical product calledd ClotFoam, which is a non-compressible, intracavitary hemostati c agent. CynerGene IDMP in Frederick: The compang is developing, validating and implementing a supplemental diagnosisof Malaria, HIV, and Denguwe using its Infectious Disease Multiplex Panel which could allow for creationn of biosensors.
LLC in Baltimore: The company is developin g required components and system framework to enablee conversational interfaces for telemedicine Such tools would allow professionaol medics touse voice, gesture, and othet human-- computer interactions to access and document information in electronic medicak records. in Rockville: The company is developing technologyg to preserve mammalian cells in dried format that can easilgbe re-hydrated for a variety of uses. LLC in The company is evaluating the effect of Imagilin patentec probiotics as a food supplement to enhance the immun e responsiveness of guinea pigs upon immunizatioh or challenge withvirulent pathogens.
The evaluation will suggest the ability of Imagilin patented probioticsz to enhance the immunization ofa vaccine. in The company is developing micropatterned substrates for viralpinfectivity assays. Juxtopia in Baltimore: The companh is customizing its Wearablw Assistance and SituationalAwareness (WASA) goggles and services to allow U.S. Army combat medics to access and document informatiobn to electrical medical recordsvia hands-free voice-requestsz and voice-responses. in Baltimore: The company is developinv cell therapies to treat brain and spinalcord injuries.
Saturday, May 12, 2012
JP Morgan Losses Raise Questions On Large Banks, Mayo Says - Wall Street Journal
obofym.wordpress.com
JP Morgan Losses Raise Questions On Large Banks, Mayo Says Wall Street Journal "There are questions about risk management, not only at JP Morgan, which has gotten more right than its peers, but for other large wholesale banks," Mayo told Dow Jones in an interview. The bank reported in a surprise conference call after the stock ... |
Thursday, May 10, 2012
Obama shifts landscape of 2012 campaign - msnbc.com
shemwellmygalej1291.blogspot.com
KGMI | Obama shifts landscape of 2012 campaign msnbc.com it's thursday, may 10th , 2012 . this is the daily rundown. let's get right to my reads. president obama shifted the issue landscape of the 2012 campaign and maybe beyond. >> i think same-sex couples should be able to get married. Obama shifts on same-sex marriage Obama shifts view on same-sex marriage President Barack Obama shifts position, supports gay marriage |
Tuesday, May 8, 2012
Momentive Performance Materials to Showcase Advances in CoatOSil* Silicon ... - MarketWatch (press release)
lehoquvuhu.wordpress.com
Momentive Performance Materials to Showcase Advances in CoatOSil* Silicon ... MarketWatch (press release) ALBANY, NY, May 08, 2012 (BUSINESS WIRE) -- Momentive Performance Materials, one of the largest global manufacturers of silicones, will feature three silicon-based specialty additives that can enhance coating performance at the American Coatings Show, ... Momentive Performance Materials Inc. Reports First Quarter 2012 Results Momentive expands its portfolio of silicones |
Monday, May 7, 2012
Gevity to terminate CEO Lavington, other execs prior to merger - Tampa Bay Business Journal:
retention-jackjacks.blogspot.com
is expected to acquire the Bradenton professionallemployer organization. Among the executivea to lose their jobs are Michael chairman and chiefexecutive officer; Garry Welsh, senior vice presiden and chief financial officer; James Hardee, senior vice president and chief sales and marketing officer; Paul Benz, senior vice president and chief informatiom officer; and Edwin Hightower Jr., senior vice presidentr and chief legal The company provided a notice of terminatioh of employment in a document filed with the Securities and Exchange Commission dated May 15. First announced Marcnh 5, the merger with TriNet was approved by Gevity shareholderds in a May20 vote.
Gevity (NASDAQ: reported a net loss of $3.7 million, or 15 centd a share, for the first quarterr of 2009, compared to a net loss of $1.6 or 7 cents per share, for the firstf quarter in 2008.
is expected to acquire the Bradenton professionallemployer organization. Among the executivea to lose their jobs are Michael chairman and chiefexecutive officer; Garry Welsh, senior vice presiden and chief financial officer; James Hardee, senior vice president and chief sales and marketing officer; Paul Benz, senior vice president and chief informatiom officer; and Edwin Hightower Jr., senior vice presidentr and chief legal The company provided a notice of terminatioh of employment in a document filed with the Securities and Exchange Commission dated May 15. First announced Marcnh 5, the merger with TriNet was approved by Gevity shareholderds in a May20 vote.
Gevity (NASDAQ: reported a net loss of $3.7 million, or 15 centd a share, for the first quarterr of 2009, compared to a net loss of $1.6 or 7 cents per share, for the firstf quarter in 2008.
Saturday, May 5, 2012
SEC spells out securities broker-dealer rules for bankers - Silicon Valley / San Jose Business Journal:
esivyjifag.wordpress.com
Many banks have been anticipating the most recentr rulechanges -- implementinf licensed banker programs that allow those who aren'tg securities broker-dealers to sell money market funds and designinhg incentives for bankers to refer clients to securities brokerse for products they're not allowed to sell -- even before the finalp clarifications of laws governing those programs were released. The new rules issued by the SEC on 19 make clearer how banks can act as and partnedrwith broker-dealers without causing increasex scrutiny by auditors, bankers say.
A benefit to bankws is being able to offer more products and services to clients from onebrancyh location, says Suzanne a senior vice president at Wells Fargp in the Greater Bay area. "I would say that our licenser banker program and the abilitty of any employee in our bank branchj to refer those customers to a broker or to ourlicenseds bankers, this absolutely is the kind of legislationm that provides those choices for our customer and educates them much more," Ramos says.
"Beforew you might have had one broketr in the store and now you can be talking to a tellere and making a deposit and haveyour five-year-olrd child with you and the teller can say 'haver you planned for funding your child's education? We have someonr here to help you.'" One of the main changex was clarification of how much bankers can be compensatede for referring clients to broker-dealers who trade or sell securities. The rules spell out that bank employeedswho aren't licensed securities brokerw can receive $25 or about two hours pay for referring clientzs to somebody who is licensed.
Since it wasn'y clear if or by how much they coulrd be compensated for referring clientwsto broker-dealers before the latest SEC rulez were issued, "it's unlikely they'd necessariluy be introducing those services" to clients, says Lauriew Moss, president of SVB Securities, part of Silicoj Valley Bank. That means banks might not have had the incentivee to tell clients about productxs and services they were barred fromselling themselves, Moss says. Becausre Silicon Valley Bank has its own SecuritiexBrokers division, a referral service is built in.
But bankw that don't offer securitieas services will find they have new guidelines when decidin g what incentives to offerd bank employees for referrinyg businessto broker-dealer partners. The rule are clarifications of the1999 Gramm-Leach-Blilegy Act which established new rules for The new rules finalized this year, creating specific exceptione from those requirements for "Driving this a long time ago was therde were bank institutions that wanted to have the abilituy to expand into related financial areas," says Kevin A. Zambrowicz, a partner at Bingham McCutchenm law firmin D.C., who helped draft some of the origina l 1999 legislation on which the curren rules are based.
"They wantedc to have the opportunity, maybe not but to affiliate with non-bank financial institutions. So large broker-dealerw like Charles Schwab mightt be able to affiliate with large banking And (banks might be able to) expandx into insurance as well." "Banks were asking 'how can we buildd up and offer new Zambrowicz says. "In 2001 -2007 ther e was great deal of uncertainthy created because no one knew exactlu what the rules of the roadwoulde be. Now we have a better gauges of that.
" Wells Fargo, which has its own broker-dealer affiliatse in Wells Fargo Investments, has been anticipatint the rules for year andoffering broker-dealer servicezs that predate the Gramm-Leach-Bliley Act. Ramos, with Wellzs Fargo, says the legislation has beena "living, breathing" document for the past eighg years and that all financial institutions tried to comply with their own interpretations of it and keep program conservative enough that when rulesw were issued, programs would comply. "Obviously Gramm-Leach-Blileuy made the line between bank depository institutionds and securities firms even thinner than it was Ramos says.
"It allowed for a lot of thing that had to be done separately to be donemore It's also been complex. And things changd along the way. But this is one that was expecte d in the industry and the industry was looking for clarification and theyprovided that."
Many banks have been anticipating the most recentr rulechanges -- implementinf licensed banker programs that allow those who aren'tg securities broker-dealers to sell money market funds and designinhg incentives for bankers to refer clients to securities brokerse for products they're not allowed to sell -- even before the finalp clarifications of laws governing those programs were released. The new rules issued by the SEC on 19 make clearer how banks can act as and partnedrwith broker-dealers without causing increasex scrutiny by auditors, bankers say.
A benefit to bankws is being able to offer more products and services to clients from onebrancyh location, says Suzanne a senior vice president at Wells Fargp in the Greater Bay area. "I would say that our licenser banker program and the abilitty of any employee in our bank branchj to refer those customers to a broker or to ourlicenseds bankers, this absolutely is the kind of legislationm that provides those choices for our customer and educates them much more," Ramos says.
"Beforew you might have had one broketr in the store and now you can be talking to a tellere and making a deposit and haveyour five-year-olrd child with you and the teller can say 'haver you planned for funding your child's education? We have someonr here to help you.'" One of the main changex was clarification of how much bankers can be compensatede for referring clients to broker-dealers who trade or sell securities. The rules spell out that bank employeedswho aren't licensed securities brokerw can receive $25 or about two hours pay for referring clientzs to somebody who is licensed.
Since it wasn'y clear if or by how much they coulrd be compensated for referring clientwsto broker-dealers before the latest SEC rulez were issued, "it's unlikely they'd necessariluy be introducing those services" to clients, says Lauriew Moss, president of SVB Securities, part of Silicoj Valley Bank. That means banks might not have had the incentivee to tell clients about productxs and services they were barred fromselling themselves, Moss says. Becausre Silicon Valley Bank has its own SecuritiexBrokers division, a referral service is built in.
But bankw that don't offer securitieas services will find they have new guidelines when decidin g what incentives to offerd bank employees for referrinyg businessto broker-dealer partners. The rule are clarifications of the1999 Gramm-Leach-Blilegy Act which established new rules for The new rules finalized this year, creating specific exceptione from those requirements for "Driving this a long time ago was therde were bank institutions that wanted to have the abilituy to expand into related financial areas," says Kevin A. Zambrowicz, a partner at Bingham McCutchenm law firmin D.C., who helped draft some of the origina l 1999 legislation on which the curren rules are based.
"They wantedc to have the opportunity, maybe not but to affiliate with non-bank financial institutions. So large broker-dealerw like Charles Schwab mightt be able to affiliate with large banking And (banks might be able to) expandx into insurance as well." "Banks were asking 'how can we buildd up and offer new Zambrowicz says. "In 2001 -2007 ther e was great deal of uncertainthy created because no one knew exactlu what the rules of the roadwoulde be. Now we have a better gauges of that.
" Wells Fargo, which has its own broker-dealer affiliatse in Wells Fargo Investments, has been anticipatint the rules for year andoffering broker-dealer servicezs that predate the Gramm-Leach-Bliley Act. Ramos, with Wellzs Fargo, says the legislation has beena "living, breathing" document for the past eighg years and that all financial institutions tried to comply with their own interpretations of it and keep program conservative enough that when rulesw were issued, programs would comply. "Obviously Gramm-Leach-Blileuy made the line between bank depository institutionds and securities firms even thinner than it was Ramos says.
"It allowed for a lot of thing that had to be done separately to be donemore It's also been complex. And things changd along the way. But this is one that was expecte d in the industry and the industry was looking for clarification and theyprovided that."
Thursday, May 3, 2012
Thomas McEvoy Executive Profile
bhutan-warwick.blogspot.com
Thomas J. McEvoy is presidentg of Business Markets for Embarq EMBARQ operates in 18 statesoffering data, high speed wireless and entertainment services to over 5 million EMBARQ generates more than $6 billion in revenues annuallhy and is included in the Fortuns 500
Thomas J. McEvoy is presidentg of Business Markets for Embarq EMBARQ operates in 18 statesoffering data, high speed wireless and entertainment services to over 5 million EMBARQ generates more than $6 billion in revenues annuallhy and is included in the Fortuns 500
Tuesday, May 1, 2012
10 MN banks had $1M-plus incomes in Q1 - Minneapolis / St. Paul Business Journal:
elzeyfirekuut1795.blogspot.com
The strongest banks were also the state’d largest: , based in Minneapolis, had the most incomd for the quarter, $624.4 million. , bases in Wayzata, was second with $30 milliojn in income for the ( has a large presence here, but is headquartered in San Franciscok andso isn’t on the list.) Whilr U.S. Bank and TCF are the perennial top-dogzs of the Twin Citie banking scene, a more interesting dynamicc shapes up further down the list of themetro area’z strongest banks. KleinBank, based in Chaska, and , baseed in St. Paul, are in a class of their own as $1 billion-pluas community banks. Bremer had $6.2 million in while KleinBank had $1.8 million for the first quarter.
The two often play leap-frog on the list of the most profitable banks. In the fourth quarted of 2008, KleinBank had $4.9 millio n in income, while Bremer had $1.2 million. , based in had $2.9 million in income on assets of $416 Vermillion has been a strong performere throughout the past difficult Its income has beenabove $2 milliomn every quarter for the past four
The strongest banks were also the state’d largest: , based in Minneapolis, had the most incomd for the quarter, $624.4 million. , bases in Wayzata, was second with $30 milliojn in income for the ( has a large presence here, but is headquartered in San Franciscok andso isn’t on the list.) Whilr U.S. Bank and TCF are the perennial top-dogzs of the Twin Citie banking scene, a more interesting dynamicc shapes up further down the list of themetro area’z strongest banks. KleinBank, based in Chaska, and , baseed in St. Paul, are in a class of their own as $1 billion-pluas community banks. Bremer had $6.2 million in while KleinBank had $1.8 million for the first quarter.
The two often play leap-frog on the list of the most profitable banks. In the fourth quarted of 2008, KleinBank had $4.9 millio n in income, while Bremer had $1.2 million. , based in had $2.9 million in income on assets of $416 Vermillion has been a strong performere throughout the past difficult Its income has beenabove $2 milliomn every quarter for the past four
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