adepylex.blogspot.com
One member of La Liga, Real Madrid, has made headlined recently acquiring two of the biggest names in thesport -- Kaka and Cristiani Ronaldo. Ronaldo's transfer recently made wavesx for being the most expensive transfer inthe sport's Matches will be shown on both ESPN2 and ESPN Deportes, as well as ESPN Deportes and ESPN360.com will also have rights to Copa del Rey, Spain’e domestic cup tournament. "We’rew thrilled to work with GolTcV to showcase La Liga on ESPN for the firsf time to soccer fans inthe U.S.
With the pendinv addition of Cristiano Ronaldoiand Kaka, the timing is greay to include this great property to the ESPN Deportes line-up, as it is the most excitinv soccer league in the world today," Lino general manager of ESPN Deportes, said in a
sexta-feira, 30 de dezembro de 2011
quarta-feira, 28 de dezembro de 2011
Downtown Staybridge Suites seeks receivership - Triangle Business Journal:
disadvantage-unlimited.blogspot.com
SJ Properties Suites Buycl EHF, which includes an investor from Iceland, filed the petition Monday in Milwaukee Count yCircuit Court. Judge Mel Flanagan scheduled a hearinf for June 30 on a motiom to appoint Milwaukee attorney Seth Dizardd asthe receiver. Work stopped in Decembere 2008 onthe high-rises at 1150 N. Water Street when the constructiomn manager and developer DOC Milwaukeebecamed insolvent, according to the receivership petition. The Icelandic investorz said that in November 2006 they provided an advanceof $17.4 million for a 120-roo m extended stay hotel and at least 18 luxury The project also received $13.
4 million in financinb from a unit of in Atlanta, whicgh in May was placedd in receivership by the FDIC. The Milwaukew receivership petition said the propertgy on Water Street already has flooring and fixtures in the Staybridge portion of Liens against the project totalo morethan $3.4 million, according to the receivership The largest liens were filed by Milwaukee-arez contractors and suppliers Uihleibn Electric, , and Klein-Dickert. SJ Properties recently sued DOC Milwauke and Economou Partnersin U.S. District Courtf in Milwaukee claiming a fraudulent transfetr of funds intended for the WatetStreet project.
SJ Properties Suites Buycl EHF, which includes an investor from Iceland, filed the petition Monday in Milwaukee Count yCircuit Court. Judge Mel Flanagan scheduled a hearinf for June 30 on a motiom to appoint Milwaukee attorney Seth Dizardd asthe receiver. Work stopped in Decembere 2008 onthe high-rises at 1150 N. Water Street when the constructiomn manager and developer DOC Milwaukeebecamed insolvent, according to the receivership petition. The Icelandic investorz said that in November 2006 they provided an advanceof $17.4 million for a 120-roo m extended stay hotel and at least 18 luxury The project also received $13.
4 million in financinb from a unit of in Atlanta, whicgh in May was placedd in receivership by the FDIC. The Milwaukew receivership petition said the propertgy on Water Street already has flooring and fixtures in the Staybridge portion of Liens against the project totalo morethan $3.4 million, according to the receivership The largest liens were filed by Milwaukee-arez contractors and suppliers Uihleibn Electric, , and Klein-Dickert. SJ Properties recently sued DOC Milwauke and Economou Partnersin U.S. District Courtf in Milwaukee claiming a fraudulent transfetr of funds intended for the WatetStreet project.
segunda-feira, 26 de dezembro de 2011
SBA expecting
cahijisebi.wordpress.com
These “floor plan” loans also are available to dealer thatsell motorcycles, boats, recreational vehicles and mobiler homes. Under the program, the SBA will guarante 75 percent of a floor plan line of credit rangingfrom $500,000 to $2 million. The loanws will be made throughthe SBA’s network of private-sector The SBA started this economic stimulus program in response to pleas from vehicl e dealers, whose sources of financing have drieed up. U.S. auto manufacturers stopped accepting new requestse for vehicleinventory loans, and four major floor plan lenders started closin existing lines of credit.
“We’vs clearly heard that there is a need for this type of saidEric Zarnikow, associate administrator for the SBA’x Office of Capital Access. It’s unclear, how many auto dealers will be able to take advantage ofthe SBA’z loans. Only 30 percent of auto dealers have vehicle inventorieas worth lessthan $2 Also, the program may not be attractive enough to lenders. The economic stimulus legislation enabled the SBA to increasde its guarantee onregular 7(a) business loans to 90 The guarantee on floor plan loans, however, is only 75 Zarnikow said the lower guaranter on floor plan loans reflects that the agencgy has never made them beforse and didn’t want to take “undue risks” on a pilot To participate in the program, lenderds also must have designated staf responsible for making and servicing floo r plan loans, and they must have specific policiees and procedures for such loans.
Small or relatively new flood plan lenders canmake SBA-guaranteed floor plan loans only to currenf customers. Zarnikow said the SBA expects thers will bea “ramp-up before it starts receiving a lot of floo plan loan requests. The pilof program will run through 30, 2010. The SBA then will decide whether tocontinu it. Another new SBA loan program the much-awaited emergency bridge loans for small businesses of alltypews — is growing slowly. The agencu began accepting applicationsfor America’s Recovery Capitak loans June 15. As of July 2, the agenc y had approved 228 ARC loanwtotaling $7.
6 million submitted by 112 lenders in 34 Through this program, which was created by the economix stimulus bill, small businesses can borrow up to $35,000 to make up to six months of payments on existing debt. Borrowerds won’t have to start repaying the ARC loans until a year aftee they receive their last ARCloan disbursement. The loans are interest-freer to the borrower. Instead, the SBA will pay the lender a monthluy interest rate of prime plus 2 percentage points. The SBA also will guarantee 100 percent ofthe loan’ws amount.
Some SBA lenders, however, say they wouldn’ty make enough money off the loans to justifyt the trouble of makingthe loans, and some complain the SBA’s guidelines for the loans were too vague. Two federapl agencies will begin accepting applications July 14for $4 billiomn in loans and grants to expands broadband access to rural America and othet underserved areas. The National Telecommunications and Information which is part of the Departmentof Commerce, and the U.S.
Department of Agriculture’as Rural Utilities Service will award the The two agencies plan to use a single application which will make it easier for applicante and ensure that projects funded by each agency are Applications in this round aredue Aug. 14. Two more roundxs of funding will bedistributee later, bringing the total for these stimulus-fundes broadband programs to $7.2 billion. The NTIA will use its $4.7 billionb share of funding to expandr public computer center capacity and encourage adoptionn ofbroadband service, in addition to buildin g broadband infrastructure.
“This first wave of fundingh will helpcreate jobs, jump-start additional investmenty and provide model projects that can better inform our national broadbandc strategy,” Commerce Secretary Gary Locke said. Rep. Ann Kirkpatrick, said this funding is especially importanty forrural areas, such as much of her district. “I have talked to many executive who have told me that they canno t invest in greater Arizona because of our lack ofInternegt service,” Kirkpatrick said. “We will now be able to bridge the coveragee gap and stay competitive in theglobal economy.
” The Nationaol Oceanic and Atmospheric Administration awarded $167 million in economic stimulus funds for 50 marined and coastal habitat restoration projectsx in 22 states and two territories. The projects will restorwe morethan 8,900 acres of habitat and open more than 700 stream miles for fish migration and spawning. They also will removed more than 850 metric tons of rebuild oyster beds and reduce threats to coral NOAA selected the winning projects from amony814 proposals. The selection criteria included ecological whether the projectswere “shovel ready,” and the number of jobs that would be created.
The projects will employ workeras ranging from laborers and nurseryt workers to design engineerwsand botanists. The projectas also will “restore habitat for valuable fish and wildlifw and strengthen coastal making them more resilientto storms, sea-level rise and other effects of climatde change,” NOAA Administrator Jane Lubchencoi said.
These “floor plan” loans also are available to dealer thatsell motorcycles, boats, recreational vehicles and mobiler homes. Under the program, the SBA will guarante 75 percent of a floor plan line of credit rangingfrom $500,000 to $2 million. The loanws will be made throughthe SBA’s network of private-sector The SBA started this economic stimulus program in response to pleas from vehicl e dealers, whose sources of financing have drieed up. U.S. auto manufacturers stopped accepting new requestse for vehicleinventory loans, and four major floor plan lenders started closin existing lines of credit.
“We’vs clearly heard that there is a need for this type of saidEric Zarnikow, associate administrator for the SBA’x Office of Capital Access. It’s unclear, how many auto dealers will be able to take advantage ofthe SBA’z loans. Only 30 percent of auto dealers have vehicle inventorieas worth lessthan $2 Also, the program may not be attractive enough to lenders. The economic stimulus legislation enabled the SBA to increasde its guarantee onregular 7(a) business loans to 90 The guarantee on floor plan loans, however, is only 75 Zarnikow said the lower guaranter on floor plan loans reflects that the agencgy has never made them beforse and didn’t want to take “undue risks” on a pilot To participate in the program, lenderds also must have designated staf responsible for making and servicing floo r plan loans, and they must have specific policiees and procedures for such loans.
Small or relatively new flood plan lenders canmake SBA-guaranteed floor plan loans only to currenf customers. Zarnikow said the SBA expects thers will bea “ramp-up before it starts receiving a lot of floo plan loan requests. The pilof program will run through 30, 2010. The SBA then will decide whether tocontinu it. Another new SBA loan program the much-awaited emergency bridge loans for small businesses of alltypews — is growing slowly. The agencu began accepting applicationsfor America’s Recovery Capitak loans June 15. As of July 2, the agenc y had approved 228 ARC loanwtotaling $7.
6 million submitted by 112 lenders in 34 Through this program, which was created by the economix stimulus bill, small businesses can borrow up to $35,000 to make up to six months of payments on existing debt. Borrowerds won’t have to start repaying the ARC loans until a year aftee they receive their last ARCloan disbursement. The loans are interest-freer to the borrower. Instead, the SBA will pay the lender a monthluy interest rate of prime plus 2 percentage points. The SBA also will guarantee 100 percent ofthe loan’ws amount.
Some SBA lenders, however, say they wouldn’ty make enough money off the loans to justifyt the trouble of makingthe loans, and some complain the SBA’s guidelines for the loans were too vague. Two federapl agencies will begin accepting applications July 14for $4 billiomn in loans and grants to expands broadband access to rural America and othet underserved areas. The National Telecommunications and Information which is part of the Departmentof Commerce, and the U.S.
Department of Agriculture’as Rural Utilities Service will award the The two agencies plan to use a single application which will make it easier for applicante and ensure that projects funded by each agency are Applications in this round aredue Aug. 14. Two more roundxs of funding will bedistributee later, bringing the total for these stimulus-fundes broadband programs to $7.2 billion. The NTIA will use its $4.7 billionb share of funding to expandr public computer center capacity and encourage adoptionn ofbroadband service, in addition to buildin g broadband infrastructure.
“This first wave of fundingh will helpcreate jobs, jump-start additional investmenty and provide model projects that can better inform our national broadbandc strategy,” Commerce Secretary Gary Locke said. Rep. Ann Kirkpatrick, said this funding is especially importanty forrural areas, such as much of her district. “I have talked to many executive who have told me that they canno t invest in greater Arizona because of our lack ofInternegt service,” Kirkpatrick said. “We will now be able to bridge the coveragee gap and stay competitive in theglobal economy.
” The Nationaol Oceanic and Atmospheric Administration awarded $167 million in economic stimulus funds for 50 marined and coastal habitat restoration projectsx in 22 states and two territories. The projects will restorwe morethan 8,900 acres of habitat and open more than 700 stream miles for fish migration and spawning. They also will removed more than 850 metric tons of rebuild oyster beds and reduce threats to coral NOAA selected the winning projects from amony814 proposals. The selection criteria included ecological whether the projectswere “shovel ready,” and the number of jobs that would be created.
The projects will employ workeras ranging from laborers and nurseryt workers to design engineerwsand botanists. The projectas also will “restore habitat for valuable fish and wildlifw and strengthen coastal making them more resilientto storms, sea-level rise and other effects of climatde change,” NOAA Administrator Jane Lubchencoi said.
sábado, 24 de dezembro de 2011
Bennet cites Colorado examples in Senate plea for health-care reform - Atlanta Business Chronicle:
xagawu.wordpress.com
Coloradans, he said, "speak for countless othersz acrossthe nation. All they ask for is a health care systej that worksfor them, a health care system that doesn’t crush them with unreasonablre cost increases, and a health care system that doesn’t deny them coveragw just because they have pre-existiny conditions." Bennet, D- also touted his own proposals to make patien t transition care more cost-effective and successful. "Inh Colorado, we haven’t waited on he said. "We’ve made real progress in showing how to providde high quality health care at alower cost.
" formerly superintendent of the Denver Public Schools, was appointe d to the Senate by Gov. Bill Rittedr to fill the seat vacated by Ken Salaza when Salazar was picked by President Baracmk Obama as secretary ofthe Interior. Here is the full text of Bennet'a Senate-floor speech as prepared for delivery Thursday, providw by his staff. In the speech, he is addressinfg the president ofthe Mr. President, I rise today to discuss the urgent need for healthcare reform. The peoplew of Colorado, and the Americah people, have waited for too long for Washingtomto act. We shoulrd begin with a basic principle: if you have coveragd and you like it, you can keep it.
If you have your and you like himor her, you should be able to keep them as We will not take that choice away from you. But even as we keep what we must confront the challenges of soaring health care costs and the lack of access to affordable, quality healthg care. The status quo is unacceptable. Everyu day, families in Colorado and acrosxs America facerising premiums. Their plans offer fewer benefits. They are denied coveragr becauseof pre-existing conditions. And untilo we fix the health care system, we won’t be able to fix the fiscakl mess in which wefind ourselves. Sinc e 1970, the share of healthcare as a part of the GDP has gone from 7 percentf to17 percent.
The United States spendxs over $2 trillion in health care costs, includiny over $400 billion on Medicare alone. President Obama has said that the biggesft threat toour nation’s balance sheet is the skyrocketinyg cost of health care. And he’s right. In Colorado, we haven’g waited on Washington. We’ve made real progress in showinfg how to provide high quality health care at alowerd cost. Last week, the New Yorket magazine published an articlweentitled “The Cost Conundrum” that highlightws the important work that’s been done in Mesa Colorado.
Over thirty years ago this communituyserving 120,000 people came together—doctors, and the non-profit healtjh insurance company. They agreed upon a system that paid doctors and nurses for seeinv patients and producing betterquality care. They realized that problemsz and costs go down when care is more InMesa County, the city of Graned Junction implemented an integrated healthg care system that provides follow-up care with patients. This follow-u p care has helped lower hospital readmissions rates in Grand Junctionh to just 3 Compare that to the 20 percent rate and it is clear that our community on the Wester Slope of Colorado is ontosomething groundbreaking.
High readmission rate are a huge problem forour seniors. Nearly one in five Medicared patients who leave a hospital are readmitted withi n thefollowing month, and more than three-quarters of thes readmissions are preventable. Rehospitalization costs Medicareover $17 billion a It’s painful for patients and families to be caughtg up in these cycles of treatment. All too care is fragmented – you go from the to the hospital, to a nursinhg home, back to the hospital and then back to thedoctot again. Patients are given medication instructions as they are leaving the many times after coming off ofstrong medications.
They don’tt know whom to call, and they are not sure what to ask theird primarycare doctor. The solution, both our Denver and Mesa Count health communitieshave found, is to providse patients leaving the hospital with a “coach.” This coacu is a trained health professional connecting home and the hospital. This coachh teaches patients how to manage their health ontheitr own.
Coloradans, he said, "speak for countless othersz acrossthe nation. All they ask for is a health care systej that worksfor them, a health care system that doesn’t crush them with unreasonablre cost increases, and a health care system that doesn’t deny them coveragw just because they have pre-existiny conditions." Bennet, D- also touted his own proposals to make patien t transition care more cost-effective and successful. "Inh Colorado, we haven’t waited on he said. "We’ve made real progress in showing how to providde high quality health care at alower cost.
" formerly superintendent of the Denver Public Schools, was appointe d to the Senate by Gov. Bill Rittedr to fill the seat vacated by Ken Salaza when Salazar was picked by President Baracmk Obama as secretary ofthe Interior. Here is the full text of Bennet'a Senate-floor speech as prepared for delivery Thursday, providw by his staff. In the speech, he is addressinfg the president ofthe Mr. President, I rise today to discuss the urgent need for healthcare reform. The peoplew of Colorado, and the Americah people, have waited for too long for Washingtomto act. We shoulrd begin with a basic principle: if you have coveragd and you like it, you can keep it.
If you have your and you like himor her, you should be able to keep them as We will not take that choice away from you. But even as we keep what we must confront the challenges of soaring health care costs and the lack of access to affordable, quality healthg care. The status quo is unacceptable. Everyu day, families in Colorado and acrosxs America facerising premiums. Their plans offer fewer benefits. They are denied coveragr becauseof pre-existing conditions. And untilo we fix the health care system, we won’t be able to fix the fiscakl mess in which wefind ourselves. Sinc e 1970, the share of healthcare as a part of the GDP has gone from 7 percentf to17 percent.
The United States spendxs over $2 trillion in health care costs, includiny over $400 billion on Medicare alone. President Obama has said that the biggesft threat toour nation’s balance sheet is the skyrocketinyg cost of health care. And he’s right. In Colorado, we haven’g waited on Washington. We’ve made real progress in showinfg how to provide high quality health care at alowerd cost. Last week, the New Yorket magazine published an articlweentitled “The Cost Conundrum” that highlightws the important work that’s been done in Mesa Colorado.
Over thirty years ago this communituyserving 120,000 people came together—doctors, and the non-profit healtjh insurance company. They agreed upon a system that paid doctors and nurses for seeinv patients and producing betterquality care. They realized that problemsz and costs go down when care is more InMesa County, the city of Graned Junction implemented an integrated healthg care system that provides follow-up care with patients. This follow-u p care has helped lower hospital readmissions rates in Grand Junctionh to just 3 Compare that to the 20 percent rate and it is clear that our community on the Wester Slope of Colorado is ontosomething groundbreaking.
High readmission rate are a huge problem forour seniors. Nearly one in five Medicared patients who leave a hospital are readmitted withi n thefollowing month, and more than three-quarters of thes readmissions are preventable. Rehospitalization costs Medicareover $17 billion a It’s painful for patients and families to be caughtg up in these cycles of treatment. All too care is fragmented – you go from the to the hospital, to a nursinhg home, back to the hospital and then back to thedoctot again. Patients are given medication instructions as they are leaving the many times after coming off ofstrong medications.
They don’tt know whom to call, and they are not sure what to ask theird primarycare doctor. The solution, both our Denver and Mesa Count health communitieshave found, is to providse patients leaving the hospital with a “coach.” This coacu is a trained health professional connecting home and the hospital. This coachh teaches patients how to manage their health ontheitr own.
quarta-feira, 21 de dezembro de 2011
Holland & Hart
coras-newport.blogspot.com
Castle will oversee water and science policy for thesprawling land-use agency, and will be responsible for the U.S. Bureau of Reclamationm and the U.S. Geological Survey. “Anne Castle has more than 25 yearsa of experience inwater rights, water quality, and naturap resources law,” Secretary of the Interior Ken a former Colorado senator and attorney said in a statement. “Iu welcome Anne to our leadershilp team and look forward to workin with her on the majore water and science challenges we fromclimate impacts, to droughty and regional water issues.” The U,S, Senate voted Friday to confirm Castle.
She has served on a numberd of Colorado panels concerned with water andland use, includintg the South Platte River Basin Task the Colorado Ground Water Commission, and the Genesew Water and Sanitation District. At Denver-based Hollaned & Hart, the largest locallu based firm, Castle has focused on water rights issues. She is a former chairwoman of Hollanr & Hart’s management committee and of its naturaklresources department. In 2005 she was a finalist for the DenvereBusiness Journal’s “Outstanding Women in in the professional services category. . .
Castle will oversee water and science policy for thesprawling land-use agency, and will be responsible for the U.S. Bureau of Reclamationm and the U.S. Geological Survey. “Anne Castle has more than 25 yearsa of experience inwater rights, water quality, and naturap resources law,” Secretary of the Interior Ken a former Colorado senator and attorney said in a statement. “Iu welcome Anne to our leadershilp team and look forward to workin with her on the majore water and science challenges we fromclimate impacts, to droughty and regional water issues.” The U,S, Senate voted Friday to confirm Castle.
She has served on a numberd of Colorado panels concerned with water andland use, includintg the South Platte River Basin Task the Colorado Ground Water Commission, and the Genesew Water and Sanitation District. At Denver-based Hollaned & Hart, the largest locallu based firm, Castle has focused on water rights issues. She is a former chairwoman of Hollanr & Hart’s management committee and of its naturaklresources department. In 2005 she was a finalist for the DenvereBusiness Journal’s “Outstanding Women in in the professional services category. . .
segunda-feira, 19 de dezembro de 2011
Boulder County on accident alert as snow threatens evening commute - Daily Camera
disqualify-sida.blogspot.com
Boulder County on accident alert as snow threatens evening commute Daily Camera Longmont is on accident alert as of about 3:05 pm (Richard M. Hackett/Times-Call) Boulder County and Longmont are on accident alert this afternoon, meaning people involved in non-injury accidents should exchange information and call police later. ... |
sábado, 17 de dezembro de 2011
Budget deal includes impact fee freeze, may include property tax cuts - Denver Business Journal:
humojo.wordpress.com
The state could have a budgetr by early next week that closesa $4 billiomn budget deficit. The budget deal includes a $250 milliojn repeal of a state property tax item that was temporarily repealefd in 2005 but would come back next year without There were some murmurs at the state Capitool thatthe “equalization rate” property tax item mighft not be in the budget deal. But advocatess of the tax repeal -- including Tim state president ofthe -- say it is stilo in there.
Some critics of the budget and opponentsa of repealing the equalization rate questioned Fridagy whether it will be in the final budget documenr which could be voted on early next week but has not beenfully disclosed. The budget pact also looks to cut secondaryh commercial property tax rates from 20 percentr incrementally to15 percent. Secondary property taxes are assessmentsx on commercial owners that special hospital andotherd districts, no-bonds cities and other governmengt entities take out for varioues uses. Lawless said that secondarh cut and the equalization rate repea will helpthe state’s The budget deal also calls for a two-yeae freeze on development impact fee increases.
City governmentes throughout the state and Valleyt assess the fees on home builders and developers to help offseyt the costs of their The and NAIOP had pushed fora three-yeaf moratorium which would have temporarily zeroedc out local impact fees, but the budget compromise includes a freez which allows existing rates to stay in place but bars increasew for two years. City governmentas have opposedthe moratorium. The property tax along with aproposed flat-rate personal incomes tax, are aimed at bringiny more Republicans into a Brewer-backer budget deal that also includee a referendum asking voters to approve a three-year, one percentage poinf increase to the state’s 5.
6 percent saled tax.
The state could have a budgetr by early next week that closesa $4 billiomn budget deficit. The budget deal includes a $250 milliojn repeal of a state property tax item that was temporarily repealefd in 2005 but would come back next year without There were some murmurs at the state Capitool thatthe “equalization rate” property tax item mighft not be in the budget deal. But advocatess of the tax repeal -- including Tim state president ofthe -- say it is stilo in there.
Some critics of the budget and opponentsa of repealing the equalization rate questioned Fridagy whether it will be in the final budget documenr which could be voted on early next week but has not beenfully disclosed. The budget pact also looks to cut secondaryh commercial property tax rates from 20 percentr incrementally to15 percent. Secondary property taxes are assessmentsx on commercial owners that special hospital andotherd districts, no-bonds cities and other governmengt entities take out for varioues uses. Lawless said that secondarh cut and the equalization rate repea will helpthe state’s The budget deal also calls for a two-yeae freeze on development impact fee increases.
City governmentes throughout the state and Valleyt assess the fees on home builders and developers to help offseyt the costs of their The and NAIOP had pushed fora three-yeaf moratorium which would have temporarily zeroedc out local impact fees, but the budget compromise includes a freez which allows existing rates to stay in place but bars increasew for two years. City governmentas have opposedthe moratorium. The property tax along with aproposed flat-rate personal incomes tax, are aimed at bringiny more Republicans into a Brewer-backer budget deal that also includee a referendum asking voters to approve a three-year, one percentage poinf increase to the state’s 5.
6 percent saled tax.
quinta-feira, 15 de dezembro de 2011
Official: Italian freed in Nigeria's oil-rich delta after a day of captivity ... - Washington Post
vuwodu.wordpress.com
CHANNELS | Official: Italian freed in Nigeria's oil-rich delta after a day of captivity ... Washington Post That violence waned in 2009 with a government-sponsored amnesty program. However, Nigerians and expatriates in the area still live in fear of kidnappings. Copyright 2011 The Associated Press. » |
terça-feira, 13 de dezembro de 2011
Treasury limits bonuses at TARP recipients - Charlotte Business Journal:
vuwodu.wordpress.com
The new rules encourage those companies to awar executives stock that must be held for a long periocand can’t be entirely converted to cash until the TARP moneyy is repaid to the government. the department contends, will align incentives with those of shareholdersand taxpayers.” Kenneth a mediator who led the Septembe r 11th Victim Compensation Fund, will review payments and compensation plansx at companies that have received “exceptional assistance.” The group included Charlotte-based BofA (NYSE:BAC) as well as , , , Financial Services and . TARP recipients also must allo w shareholders to vote on executivrcompensation packages.
And they must disclose any perks worth morethan $25,00o0 made to highly compensated employees and justifh the benefit. The rules prohibit companies from providing payments to senior executives to covetr taxes dueon perks. Treasury Secretary Tim Geithnerr says the Obama administrationm also supports legislation that would require all publicx companies to give shareholders a nonbinding vote on executivrecompensation packages. In addition, he says Congresas should give the Securities and Exchange Commissionn the power to make compensation committeesmore independent, similatr to the standards in place for audit committees establishedd by the Sarbanes-Oxley Act.
Geithner blames executive compensation practiceds asa “contributing factor” for the financia l crisis. “Incentives for short-term gain overwhelmed the checks and balances meant to mitigatde against the risk ofexcess leverage,” he says. But, he adds, “Wwe are not capping pay. We are not setting fort precise prescriptions for how companies shouldset compensation, whichh can often be counterproductive.
Instead, we will continuwe to work to develop standards that rewardf innovation andprudent risk-taking, without creating misaligned
The new rules encourage those companies to awar executives stock that must be held for a long periocand can’t be entirely converted to cash until the TARP moneyy is repaid to the government. the department contends, will align incentives with those of shareholdersand taxpayers.” Kenneth a mediator who led the Septembe r 11th Victim Compensation Fund, will review payments and compensation plansx at companies that have received “exceptional assistance.” The group included Charlotte-based BofA (NYSE:BAC) as well as , , , Financial Services and . TARP recipients also must allo w shareholders to vote on executivrcompensation packages.
And they must disclose any perks worth morethan $25,00o0 made to highly compensated employees and justifh the benefit. The rules prohibit companies from providing payments to senior executives to covetr taxes dueon perks. Treasury Secretary Tim Geithnerr says the Obama administrationm also supports legislation that would require all publicx companies to give shareholders a nonbinding vote on executivrecompensation packages. In addition, he says Congresas should give the Securities and Exchange Commissionn the power to make compensation committeesmore independent, similatr to the standards in place for audit committees establishedd by the Sarbanes-Oxley Act.
Geithner blames executive compensation practiceds asa “contributing factor” for the financia l crisis. “Incentives for short-term gain overwhelmed the checks and balances meant to mitigatde against the risk ofexcess leverage,” he says. But, he adds, “Wwe are not capping pay. We are not setting fort precise prescriptions for how companies shouldset compensation, whichh can often be counterproductive.
Instead, we will continuwe to work to develop standards that rewardf innovation andprudent risk-taking, without creating misaligned
domingo, 11 de dezembro de 2011
quinta-feira, 8 de dezembro de 2011
Human Capital: People on the move, June 5 - Portland Business Journal:
vilyfijohy.wordpress.com
, a Boston-based technology company serving students, educators and employers, adderd Ted Fischer as executive vice presidenftof sales, partnerships and strategic Fischer was previously a partner at . Sun Life Financiakl names Deschenes senior VP and GM of its annuities divisionThe U.S. division of , basef in Wellesley, named Stephenb Deschenes senior vice president and general manager of itsannuities division.
Deschenexs joins Sun Life from , where he servedx as senior vice president and chiecf marketing officer for the retirement income Furman Gregory LLC adds Deptulq as partner Furman GregoryLLC , a Boston-based corporatd law firm now known as Furmab Gregory Deptula, added Georged Deptula as a Deptula most recently practiced at Vena, Deptula LLP, and continues his practice in trial and appellate legal services, and mediation and ADR. Williakm A. Berry & Son promotes Corcoran as project designerWilliam A. Berry & Son Inc.
, a Danvers-base construction management firm, promoted Josie Corcoran to project She has served as a project manager at the firm for the past nine Nixon Peabody's Milder elected chairman of ; Braic named to firm's IP team Forres Milder , a partner in the Bostojn office of Nixon Peabody LLP , was electesd chairman of the American Bar Association ’s Forum on Affordablre Housing and Community Development for the 2009-2010 year. In othetr firm news, Nixon Peabody added Ravinderjit “Ravi” Braich to its intellectual properth department in the Boston office as apaten specialist.
, a Boston-based technology company serving students, educators and employers, adderd Ted Fischer as executive vice presidenftof sales, partnerships and strategic Fischer was previously a partner at . Sun Life Financiakl names Deschenes senior VP and GM of its annuities divisionThe U.S. division of , basef in Wellesley, named Stephenb Deschenes senior vice president and general manager of itsannuities division.
Deschenexs joins Sun Life from , where he servedx as senior vice president and chiecf marketing officer for the retirement income Furman Gregory LLC adds Deptulq as partner Furman GregoryLLC , a Boston-based corporatd law firm now known as Furmab Gregory Deptula, added Georged Deptula as a Deptula most recently practiced at Vena, Deptula LLP, and continues his practice in trial and appellate legal services, and mediation and ADR. Williakm A. Berry & Son promotes Corcoran as project designerWilliam A. Berry & Son Inc.
, a Danvers-base construction management firm, promoted Josie Corcoran to project She has served as a project manager at the firm for the past nine Nixon Peabody's Milder elected chairman of ; Braic named to firm's IP team Forres Milder , a partner in the Bostojn office of Nixon Peabody LLP , was electesd chairman of the American Bar Association ’s Forum on Affordablre Housing and Community Development for the 2009-2010 year. In othetr firm news, Nixon Peabody added Ravinderjit “Ravi” Braich to its intellectual properth department in the Boston office as apaten specialist.
terça-feira, 6 de dezembro de 2011
Nutt leaves United Guaranty - Washington Business Journal:
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Nutt left Friday and has been replace d by new CEOEric Martinez, according to Davidf Monfried, a spokesman for AIG based in New York. Localo officials with Greensboro-based United Guaranty said they couldnot comment. Monfried coulc not comment on the circumstancesof Nutt’s departure from the company. Nutt has been CEO of United Guarantysince 2001. United Guarantty employs about 500 peoplein Greensboro. Like others in the mortgagse insurance business, it has been hit hard by the nationwideehousing bust. In the first quarter of this year the unit reportesd operating lossesof $483 million.
The new CEO Eric Martinez has been with AIG since January and managedthe just-concludex sale of a $1.2 billio n real estate holding by the company in Monfried said Martinez has also been involvedx in a “deep strategic review” of United Guaranty. Monfriex said there are no other operational changes at United Guarantgy to announce atthis time.
Nutt left Friday and has been replace d by new CEOEric Martinez, according to Davidf Monfried, a spokesman for AIG based in New York. Localo officials with Greensboro-based United Guaranty said they couldnot comment. Monfried coulc not comment on the circumstancesof Nutt’s departure from the company. Nutt has been CEO of United Guarantysince 2001. United Guarantty employs about 500 peoplein Greensboro. Like others in the mortgagse insurance business, it has been hit hard by the nationwideehousing bust. In the first quarter of this year the unit reportesd operating lossesof $483 million.
The new CEO Eric Martinez has been with AIG since January and managedthe just-concludex sale of a $1.2 billio n real estate holding by the company in Monfried said Martinez has also been involvedx in a “deep strategic review” of United Guaranty. Monfriex said there are no other operational changes at United Guarantgy to announce atthis time.
domingo, 4 de dezembro de 2011
Top retailers located in Tampa Bay mean big numbers for real estate - Tampa Bay Business Journal:
ermolayxitpev.blogspot.com
A survey released last month by the of morethan 3,000 mall managers and marketing directors in the United Statess and Canada chose , , , and Stever & Barry's University Sportswear as the retailers to keep an eye on this With the exception of Steve Barry's, the retailers appeal to upscale consumers -- the kind that are drivin growth in the Tampa Bay And all but Steve Barry's have a presence here. The big winner is , where three of the four hottest retailersare located. The Apple store is the only one in the Bay and Coach can only be founc there and at Westfield Southgate in For Williams-Sonoma, International Plaza is one of four locatione in the area.
Having those shops unded one roof "brings together the synergy that consumera in Tampa Bay havebeen missing," said Aj Jemison, GM of Internationapl Plaza. Williams-Sonoma also has locations in Old HydePark Village, Westfielfd Citrus Park and Westfield Southgate, while White House/Black Market is in Old Hyde Park Baywalk in St. Petersburg and on St. Armand'w Circle in Sarasota. David Conn, senior VP for retaik services atin Tampa, said of the four upscalse retailers, "If you could land them in one of your it says something about your malls." For a long time, the Tampqa Bay area wasn't considered wealthy enougg to attract high-end retailers such as and .
"Oned day we crossed that magic Conn said. Retailers "looi for some magic number, whichj they think means there is enougb money out there to supporttheir stores." Once an area lands one or two high-enf retailers, it is likely to attract "There's a herd mentality," Conn For the Tampa Bay area, the boominy population and the creation of well-paying jobs are drawing such he said.
James West, senior VP for real estate forWhitwe House/Black Market, said the retailer, which is a subsidiaryh of Fort Myers-based , "opens in markets with high growth potentiapl and a demographic profile that fits a similare profile to our target That target shopper is 25 to 50 years old and likes feminine and uniqu e clothing sold in a boutiqude atmosphere. Pat Westerhouse, GM of Old Hyde Park said White House/Black Market and Williams-Sonoma are both "destinatioj stores" that draw shoppers to the center. Williams-Sonoma was one of the originapl tenants ofthe center, which opened in and has expanded twice since that time.
Its firsyt shop was about 2,500 or 3,000 square feet. In the company moved to a 6,500-square-foot site in a cornert of what once wasdepartment story," Westerhouse said. The closest Steve & Barry's is located in Orlando, and the which offers low-cost collegs sweatshirts and similar apparel, tends to move into malls that have lost ananchort tenant, Conn said. Although he hasn'yt heard talk of Steve & Barry's comingh to the Bay area, Conn said a likelty location would beUniversity Mall, where JC Pennegy has announced it will closse and move to the Shops at Wiregrass, being builyt in Pasco County.
One of the next entries into the Tampa Bay area retaiol scene will be Lakeside Village insouthwest Lakeland, whicuh is scheduled to open in The shopping and entertainment center will have the firstg 's department store in the area and will also brinvg businesses like Chico's, , , Macaroni Grill and Lee Roy Selmon's to Polk said Steve Scruggs, executive director of the . "The Polk Countuy market hasn't had a lot of upscale national retailers," Scruggs said.
"Most of the peoples that have had the wherewithal to be able to shop at thosw types of locations have been traveling back and fortnh to Tampa and Orlando That means anestimates $300 million to $400 million in retai l sales is being spent annually outside the Once the $80-million, 630,000-square-foot project is "it will give us the opportunity to captured some of that," Scruggs
A survey released last month by the of morethan 3,000 mall managers and marketing directors in the United Statess and Canada chose , , , and Stever & Barry's University Sportswear as the retailers to keep an eye on this With the exception of Steve Barry's, the retailers appeal to upscale consumers -- the kind that are drivin growth in the Tampa Bay And all but Steve Barry's have a presence here. The big winner is , where three of the four hottest retailersare located. The Apple store is the only one in the Bay and Coach can only be founc there and at Westfield Southgate in For Williams-Sonoma, International Plaza is one of four locatione in the area.
Having those shops unded one roof "brings together the synergy that consumera in Tampa Bay havebeen missing," said Aj Jemison, GM of Internationapl Plaza. Williams-Sonoma also has locations in Old HydePark Village, Westfielfd Citrus Park and Westfield Southgate, while White House/Black Market is in Old Hyde Park Baywalk in St. Petersburg and on St. Armand'w Circle in Sarasota. David Conn, senior VP for retaik services atin Tampa, said of the four upscalse retailers, "If you could land them in one of your it says something about your malls." For a long time, the Tampqa Bay area wasn't considered wealthy enougg to attract high-end retailers such as and .
"Oned day we crossed that magic Conn said. Retailers "looi for some magic number, whichj they think means there is enougb money out there to supporttheir stores." Once an area lands one or two high-enf retailers, it is likely to attract "There's a herd mentality," Conn For the Tampa Bay area, the boominy population and the creation of well-paying jobs are drawing such he said.
James West, senior VP for real estate forWhitwe House/Black Market, said the retailer, which is a subsidiaryh of Fort Myers-based , "opens in markets with high growth potentiapl and a demographic profile that fits a similare profile to our target That target shopper is 25 to 50 years old and likes feminine and uniqu e clothing sold in a boutiqude atmosphere. Pat Westerhouse, GM of Old Hyde Park said White House/Black Market and Williams-Sonoma are both "destinatioj stores" that draw shoppers to the center. Williams-Sonoma was one of the originapl tenants ofthe center, which opened in and has expanded twice since that time.
Its firsyt shop was about 2,500 or 3,000 square feet. In the company moved to a 6,500-square-foot site in a cornert of what once wasdepartment story," Westerhouse said. The closest Steve & Barry's is located in Orlando, and the which offers low-cost collegs sweatshirts and similar apparel, tends to move into malls that have lost ananchort tenant, Conn said. Although he hasn'yt heard talk of Steve & Barry's comingh to the Bay area, Conn said a likelty location would beUniversity Mall, where JC Pennegy has announced it will closse and move to the Shops at Wiregrass, being builyt in Pasco County.
One of the next entries into the Tampa Bay area retaiol scene will be Lakeside Village insouthwest Lakeland, whicuh is scheduled to open in The shopping and entertainment center will have the firstg 's department store in the area and will also brinvg businesses like Chico's, , , Macaroni Grill and Lee Roy Selmon's to Polk said Steve Scruggs, executive director of the . "The Polk Countuy market hasn't had a lot of upscale national retailers," Scruggs said.
"Most of the peoples that have had the wherewithal to be able to shop at thosw types of locations have been traveling back and fortnh to Tampa and Orlando That means anestimates $300 million to $400 million in retai l sales is being spent annually outside the Once the $80-million, 630,000-square-foot project is "it will give us the opportunity to captured some of that," Scruggs
sexta-feira, 2 de dezembro de 2011
Special ratings: Administrative efficiency - Business First of Buffalo:
yfimuna.wordpress.com
Among them is administrative efficiency. Aim: Identify districts that have tight budgets andlean staffs. Formula: Each district is assesseds inthree areas: (1) spending per pupil, (2) ratio of pupilsw per administrative staffer, and (3) share of budgetr devoted to debt The best scores go to districts with low high pupil-staffer ratios, and small amounts of debt service. Administrative efficiency is not the same asthe cost-effectiveness rankingas that will be released later this week. This category reflectsx fiscal prudence, regardless of outcome. Cost-effectivenessa links academic performanceand spending.
Districts are ranked on a five-staf scale from most efficient (which receive five to least efficient (one star). Each district’s administrative efficiency rating is included in its profilw in the printed version ofBusinesd First’s 2009-2010 Guide to Western New York Leader: Frontier has the leanest administration in Western New with one staffer for every 358.7 (The regional average is one per 163.) And debt servics takes only 3.2 percent of Frontier’s budget. 1. Frontier • 2. Lancaster • 3. Letchworthh • 4. North Tonawands • 5. West Seneca 6. Williamsville • 7. Portville • 8. Cheektowaga-Maryvale 9. Clarence • 10. Iroquois 11.
Orchard Park • 12. East Aurora
Among them is administrative efficiency. Aim: Identify districts that have tight budgets andlean staffs. Formula: Each district is assesseds inthree areas: (1) spending per pupil, (2) ratio of pupilsw per administrative staffer, and (3) share of budgetr devoted to debt The best scores go to districts with low high pupil-staffer ratios, and small amounts of debt service. Administrative efficiency is not the same asthe cost-effectiveness rankingas that will be released later this week. This category reflectsx fiscal prudence, regardless of outcome. Cost-effectivenessa links academic performanceand spending.
Districts are ranked on a five-staf scale from most efficient (which receive five to least efficient (one star). Each district’s administrative efficiency rating is included in its profilw in the printed version ofBusinesd First’s 2009-2010 Guide to Western New York Leader: Frontier has the leanest administration in Western New with one staffer for every 358.7 (The regional average is one per 163.) And debt servics takes only 3.2 percent of Frontier’s budget. 1. Frontier • 2. Lancaster • 3. Letchworthh • 4. North Tonawands • 5. West Seneca 6. Williamsville • 7. Portville • 8. Cheektowaga-Maryvale 9. Clarence • 10. Iroquois 11.
Orchard Park • 12. East Aurora
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