http://www.karusell.ro/lista_oferte.php?ID=83
, a non-profit organization that was founded in 1990 in San decided to relocate to Atlanta after it got a generous offer fromRon Terwilliger, chairman and CEO of . Rick founder of StandUp for Kids and a retired Navy said the organization made itsdecision “when Ron Terwilliger offered us two floorxs of office space for two yearas at a dollar a The space at 83 Waltonn Street in downtown’s Fairlie-Poplar District will serve two It will house the national staff of the which runs primarily with the help of And it will have an outreach cente r for the homeless youth that will be open three nights a week.
The outreach center will be a placs where the kids can get a variety ofserviced -- such as a shower, a new set of cleamn clothes, opportunity to check their Facebook page or referrals to other services. Koca expectes the center initially will serve 40 to 50 In Atlanta, it is estimated that theree are between 4,500 and 5,000 homeless youtu that could use StandUp Kids’ services. “In our a child runs away evert minute,” Koca said. “Within 48 hours from leavingf home, 42 percent enter into prostitution just to Koca had anotheralarming statistic. “In our an average of 13 homeles kids die on the streets every day from diseaseor suicide.
That’s 5,000 kids a year,” Koca “And that’s more than all the soldiers who have died in As agrassroots organization, StandUp For Kids already has establishedf programs in more than 20 states, includinvg Arizona, California, Colorado, Florida, Illinois, Kansas/Missouri, Maryland, Massachusetts, Michigan, Minnesota, Nevada, Pennsylvania, Ohio, New North Carolina, Texas, Virginia, Washington and Washington, D.C.
Koca said the move to Atlantz also will help the organization expandx its programs on theEast “At any one time, there are 20 to 30 citiesd wanting us to start a program,” Koca StandUp For Kids will have its official opening Friday evening at its new Koca credited several firms for helping the centerr become established in Law firm provided pro-bono lega services for the past 18 Carpet manufacturer Beaulieu donated the carpeting, and Hon Furniture donated all the office furniture. providerd the funding to build out the outreacg center located on the basement level ofthe building. renovatedx the national office space.
Thursday, September 30, 2010
Tuesday, September 28, 2010
SunTrust to raise $1.4 billion in stock offer - The Business Review (Albany):
http://www.cocuklahayat.com/2009/08/yelken-hotel-spa-turgutreis-bodrum/
billion through a stock offerinh to boost its capital to meet federallgovernment requirements, the Atlanta-based bank said The Atlanta-based bank wants to sell 108 million shares at $13 a share. In relatiob to the offering, SunTrust (NYSE: STI) suspended its previously announcerd $1.25 billion “at the market” which raised $260 million. Further, SunTrusg began an offer to buy upto $1 billiob liquidation preference or amounty of certain of its currently outstanding preferred and hybrid securitiesd for cash using proceeds from the $1.4 billio equity offering. The moves come after the federal government’s “stressz test” found SunTrust needed to raisee $2.
2 billion in capital. And whilew SunTrust had sufficient tier 1 capital to absorbb projectedloan losses, its capital “tilted too to sources other than common the stress test revealed. Aftert completing the offerings announced Mondayand prior, SunTrus t expects to have fully satisfied its obligation. "Today's announcement underscores that we are on a clear path to achievde our previously announced capital objectiveas as we intensify our focusz onthe future," said Jamees M.
Wells III, SunTrust chairman and CEO, in a Wells also noted completion ofthe company's capital-relatedf initiatives will boost its ability to repay, upon regulatory approvaol and at the appropriate time, preferred stocok gotten through participation in the U.S. Treasury's Capita l Purchase Plan.
billion through a stock offerinh to boost its capital to meet federallgovernment requirements, the Atlanta-based bank said The Atlanta-based bank wants to sell 108 million shares at $13 a share. In relatiob to the offering, SunTrust (NYSE: STI) suspended its previously announcerd $1.25 billion “at the market” which raised $260 million. Further, SunTrusg began an offer to buy upto $1 billiob liquidation preference or amounty of certain of its currently outstanding preferred and hybrid securitiesd for cash using proceeds from the $1.4 billio equity offering. The moves come after the federal government’s “stressz test” found SunTrust needed to raisee $2.
2 billion in capital. And whilew SunTrust had sufficient tier 1 capital to absorbb projectedloan losses, its capital “tilted too to sources other than common the stress test revealed. Aftert completing the offerings announced Mondayand prior, SunTrus t expects to have fully satisfied its obligation. "Today's announcement underscores that we are on a clear path to achievde our previously announced capital objectiveas as we intensify our focusz onthe future," said Jamees M.
Wells III, SunTrust chairman and CEO, in a Wells also noted completion ofthe company's capital-relatedf initiatives will boost its ability to repay, upon regulatory approvaol and at the appropriate time, preferred stocok gotten through participation in the U.S. Treasury's Capita l Purchase Plan.
Monday, September 27, 2010
Patients atteints de RGO disposent d'un nouveau traitment - CNW Group
http://www.maslakulhuda.net/index.php?option=com_content&task=view&id=7&Itemid=28
Patients atteints de RGO disposent d'un nouveau traitment CNW Group ... distinctes de médicament à différents moments de la journée, ce qui assure un soulagement efficace et soutenu des symptômes, le jour comme la nuit. ... |
Saturday, September 25, 2010
County approves financing for Marlins stadium - Tampa Bay Business Journal:
http://wndcfoundation.org/page/Is-Behaviorial-Interviewing-a-New-Technique-.html
million gap in bond funding for abasebal stadium. The 9-3 vote clear the way for locking in the interest rate onthe fixed-ratre bonds – and construction of the much-debated and long-awaitedc stadium in Miami’s Little Havana. The park is supposedr to be finishedby 2012, with preliminary construction work to begib Wednesday. Commissioners voted after midnight Wednesday to alloa for a higher cap on one of the bondsx being sold in ordefr to coverthe county’s commitment on the $640 millio n stadium and infrastructure. The 7.5 percenrt interest rate cap was changeedto 8.2 percent on the bond tied to conventiom taxes.
The fact that the convention bond will sell at a highef interest rate will resultt in lower revenuefor Miami-Dade, County Managef George Burgess explained to commissioners. That created the need for more so Florida Marlins President David Samsoh promised to coverthe $6.2 milliobn funding gap. As a result of the the county is on the hookfor $342 milliojn in short-term financing, insteas of $347 million. "I feel comfortable with the agreement. The Marlinse will step up to the plate and pay theadditionalp $6 million. At the end of the day, the taxpayers are not goinvg to be on the hook for theadditionao monies,” Commissioner Bruno Barreiro said aftet the vote.
Katy Sorenson, Carlos Gimeneza and Sally Heyman were thethree ‘no’ The debate started at 7 but stopped at 9 p.m. to alloq attorneys to make changes in the financing package. The second chunko of bonds which carry a variablr rate will be priced startingJuly 13, with finak closing on the county’s portion of the bond financing packaged set for no later than July 14. Earlier Wednesday, commissionersw approved a change thatraisef ’s status as a creditor in the financinyg package. Wachovia, which is providing up to a $100 millioh letter of credit, requested that it be paid firsf fromthe county’s list of creditors.
The votes on Tuesda y and early Wednesday morning followed two other big OnJune 19, city commissioners voted to approve the necessar changes to the Marlind package to clear the way for the county’s changeds Tuesday. A circuit court judge also ruledf in favor of the county in one count of a civil lawsuit that coulr have prevented the county from selling the necessary bonds to buildfthe project. That case is on appeal in as is a lawsuity filed by auto dealer Norman who last November lost his lega l bid to declarethe stadium’s funding plan Work on the baseball stadium site is set to begib Wednesday. Crews will officially breai ground onJuly 18.
In county commissioners approved issuing bonds totalintg a maximumof $536 milliomn toward construction of the $640 million, 37,000-seat
million gap in bond funding for abasebal stadium. The 9-3 vote clear the way for locking in the interest rate onthe fixed-ratre bonds – and construction of the much-debated and long-awaitedc stadium in Miami’s Little Havana. The park is supposedr to be finishedby 2012, with preliminary construction work to begib Wednesday. Commissioners voted after midnight Wednesday to alloa for a higher cap on one of the bondsx being sold in ordefr to coverthe county’s commitment on the $640 millio n stadium and infrastructure. The 7.5 percenrt interest rate cap was changeedto 8.2 percent on the bond tied to conventiom taxes.
The fact that the convention bond will sell at a highef interest rate will resultt in lower revenuefor Miami-Dade, County Managef George Burgess explained to commissioners. That created the need for more so Florida Marlins President David Samsoh promised to coverthe $6.2 milliobn funding gap. As a result of the the county is on the hookfor $342 milliojn in short-term financing, insteas of $347 million. "I feel comfortable with the agreement. The Marlinse will step up to the plate and pay theadditionalp $6 million. At the end of the day, the taxpayers are not goinvg to be on the hook for theadditionao monies,” Commissioner Bruno Barreiro said aftet the vote.
Katy Sorenson, Carlos Gimeneza and Sally Heyman were thethree ‘no’ The debate started at 7 but stopped at 9 p.m. to alloq attorneys to make changes in the financing package. The second chunko of bonds which carry a variablr rate will be priced startingJuly 13, with finak closing on the county’s portion of the bond financing packaged set for no later than July 14. Earlier Wednesday, commissionersw approved a change thatraisef ’s status as a creditor in the financinyg package. Wachovia, which is providing up to a $100 millioh letter of credit, requested that it be paid firsf fromthe county’s list of creditors.
The votes on Tuesda y and early Wednesday morning followed two other big OnJune 19, city commissioners voted to approve the necessar changes to the Marlind package to clear the way for the county’s changeds Tuesday. A circuit court judge also ruledf in favor of the county in one count of a civil lawsuit that coulr have prevented the county from selling the necessary bonds to buildfthe project. That case is on appeal in as is a lawsuity filed by auto dealer Norman who last November lost his lega l bid to declarethe stadium’s funding plan Work on the baseball stadium site is set to begib Wednesday. Crews will officially breai ground onJuly 18.
In county commissioners approved issuing bonds totalintg a maximumof $536 milliomn toward construction of the $640 million, 37,000-seat
Friday, September 24, 2010
Ask the experts Indian business schools - Moneycontrol.com
http://www.psinterface.com/sleek_high-end.html
Ask the experts Indian business schools Moneycontrol.com The elite institutions, such as the IIM-A and the Indian School of Business, are besieged with applicants, all eager to earn a qualification which can ... |
Wednesday, September 22, 2010
Verizon worker settles battle with Communication Workers - Tampa Bay Business Journal:
http://gerdi.ru/index.php?newsid=20800
Angela Leitzel received compensatiojn for lost income and a promisr from the that they refrain from blocking employees from workint in California based on theirunioh membership. “California should take a lesson from No employee should ever be forcede to join or pay fees to anunwante union,” said Stefan Gleason, vice presidenft of the in a release. “The only way to eliminatse collusionbetween ‘big business’ and ‘bigy labor’ to discriminate against independent-minded employees is to eliminate forced unionismj altogether.
” Jim Spellane, a media directorr with in Washington, which represents communicationsw workers in Tampa, said the “unwanted” representatiob Gleason spoke about “includes better pay, benefitsz and job security than she woulcd have at a non-union company.” A call to the CWA seekintg comment was pending Bob Elek, a spokesman for Verizon VZ), said he was reserving comment until he could become more familiaer with the case. Leitzel was part of a Florida team assembled to work in Californiqa last February in an area representedby CWA.
She was not a memberd of the IBEW Local 824 in Tampaand didn’t need to be becausr Florida is a “Right to Work” state that forbids unionas from making membership mandatory. However, California doesn’t have such and Leitzel was removed fromthat state’sx project on Feb. 17, according to a releasee from the legal defense OnMarch 9, Leitzel tried again to head over to California, but once again she was deniecd because she was not a member of IBEW. The Nationalp Right to Work Foundationj provided Leitzel legal representation to file an unfair labotr practice charge against Verizon and thetwo unions.
They claimecd federal law prohibits employers from discriminating against employees based on union membership and that the CWA committe unfair labor practices by encouraging Verizon to discriminatragainst her. Along with compensation for lost time, Verizon agreedx to post a notice in its Tamp a and Bradenton offices as well as its Californiaz offices in Rancho San Bernardino and San Fernando that union discriminatiois illegal.
Angela Leitzel received compensatiojn for lost income and a promisr from the that they refrain from blocking employees from workint in California based on theirunioh membership. “California should take a lesson from No employee should ever be forcede to join or pay fees to anunwante union,” said Stefan Gleason, vice presidenft of the in a release. “The only way to eliminatse collusionbetween ‘big business’ and ‘bigy labor’ to discriminate against independent-minded employees is to eliminate forced unionismj altogether.
” Jim Spellane, a media directorr with in Washington, which represents communicationsw workers in Tampa, said the “unwanted” representatiob Gleason spoke about “includes better pay, benefitsz and job security than she woulcd have at a non-union company.” A call to the CWA seekintg comment was pending Bob Elek, a spokesman for Verizon VZ), said he was reserving comment until he could become more familiaer with the case. Leitzel was part of a Florida team assembled to work in Californiqa last February in an area representedby CWA.
She was not a memberd of the IBEW Local 824 in Tampaand didn’t need to be becausr Florida is a “Right to Work” state that forbids unionas from making membership mandatory. However, California doesn’t have such and Leitzel was removed fromthat state’sx project on Feb. 17, according to a releasee from the legal defense OnMarch 9, Leitzel tried again to head over to California, but once again she was deniecd because she was not a member of IBEW. The Nationalp Right to Work Foundationj provided Leitzel legal representation to file an unfair labotr practice charge against Verizon and thetwo unions.
They claimecd federal law prohibits employers from discriminating against employees based on union membership and that the CWA committe unfair labor practices by encouraging Verizon to discriminatragainst her. Along with compensation for lost time, Verizon agreedx to post a notice in its Tamp a and Bradenton offices as well as its Californiaz offices in Rancho San Bernardino and San Fernando that union discriminatiois illegal.
Tuesday, September 21, 2010
Think tank ranks Colorado least attractive state for oil, gas investment - Washington Business Journal:
http://www.makroserver.com/article/Sandra-L--Groscost-Added-to-the-Cambridge-Whos-Who-Network.html
The latest survey was issued June 24. It’s been conducted annually for three years by the Fraser Institutwin Calgary, Alberta, Canada. Arizona was left off the list for lack of The survey ranks states as well asothed countries. The first survey, in 2007, ranked Colorado at the top of the list of placese executives considered positively for oil andgas investment. By the state’s ranking had fallenn to No. 52 out of 81 locationz around the world. The June 2008 surveyu said executives had grown wary ofthe state’xs efforts to tighten rules governing oil and gas operations The new rules took effect April 1.
This the survey received 577 response and covered 143 jurisdictions around the Coloradoranked No. 81, below California and and above the Canadian province of Newfoundland and Labradod and the nationof Greenland. All three surveyd by the institute solicitedanonymous responses. According to the institute’sa report, the 10 most attractives jurisdictions for investment this according tothe are: Arkansas, Alabama, Kansas, Austria, Mississippi, South Dakota, Texas, Oklahoma, and The 10 least attractiv e jurisdictions for investment are Niger, Venezuela, Ecuador, Sudan, Russia, Bangladesh, Kazakhstan and Ethiopia.
Respondents ranked provinces, state and countries by investmentr barriers such as hightax rates, costlyu regulatory schemes, and security threats, among otherr factors. Scores were based on the proportiohn of negatives response ajurisdiction received; the greate r the proportion of negative responses, the greater the perceive investment barriers and therefore the lowert the jurisdiction ranked, according to the survey The report said investors listed several reasons for shifting investments to other areas, ranginhg from high tax rates, labor shortages, or costlgy and time-consuming regulations.
The survey quotedr an unnamed executive saying thatin Colorado, legal, and air qualith rules and regulations are beiny instituted at a dizzying pace. It is hard to keep up with as an Most of the regulators instituting and enforcing these new rulex have little or no experience in the industrty and do notunderstand operations. Often they cannot answer questions or even with theirown rules.” Colorado’s new oil and gas regulatione were backed by Gov.
Bill Rittere and environmental groups as needed toprotect Colorado’se wildlife, environment and public health The new rules have been opposedx by industry executives, who have said they will raise the cost of operating in Colorado. “Thies study demonstrates the harsh realit of an inconsistentregulatory regime, and these numbers run contrar y to the belief of some policy makere that Colorado’s energy industry will grow no mattedr the constraints placed upon it,” said Meg president of the Coloradoo Oil & Gas Association, in a statement.
But Theo spokesman for the Colorado Department ofNatural Resources, which oversees the agency that regulates oil and gas pointed to Colorado investments by big energ y companies such as interested in getting at the state’s natural gas. ExxonMobil announced June 22 it had doubler its natural gas processing capacity on the Western Slopre and planned to drill more wellw in the area over the nextseveraol years. “Actions speak louder than words,” Stein said. “Somes of the largest North American and global energuy companies are busy working and investinhgin Colorado’s future. They are planning to be here producing clean-burning natural gas for decades.
” But state Rep. Fran k McNulty, R-Highlands Ranch, said companiew like ExxonMobil have the money needed to complywith Colorado’s new “They can absorb the highere costs of production that are associated with the oil and gas McNulty said. “But what the Ritter administration has done is pricedx outthe mid- and small-leve companies that were looking to do business in The Fraser Institute is a think tank and research center that advocated “a free and prosperous world through choice, markets and .
The latest survey was issued June 24. It’s been conducted annually for three years by the Fraser Institutwin Calgary, Alberta, Canada. Arizona was left off the list for lack of The survey ranks states as well asothed countries. The first survey, in 2007, ranked Colorado at the top of the list of placese executives considered positively for oil andgas investment. By the state’s ranking had fallenn to No. 52 out of 81 locationz around the world. The June 2008 surveyu said executives had grown wary ofthe state’xs efforts to tighten rules governing oil and gas operations The new rules took effect April 1.
This the survey received 577 response and covered 143 jurisdictions around the Coloradoranked No. 81, below California and and above the Canadian province of Newfoundland and Labradod and the nationof Greenland. All three surveyd by the institute solicitedanonymous responses. According to the institute’sa report, the 10 most attractives jurisdictions for investment this according tothe are: Arkansas, Alabama, Kansas, Austria, Mississippi, South Dakota, Texas, Oklahoma, and The 10 least attractiv e jurisdictions for investment are Niger, Venezuela, Ecuador, Sudan, Russia, Bangladesh, Kazakhstan and Ethiopia.
Respondents ranked provinces, state and countries by investmentr barriers such as hightax rates, costlyu regulatory schemes, and security threats, among otherr factors. Scores were based on the proportiohn of negatives response ajurisdiction received; the greate r the proportion of negative responses, the greater the perceive investment barriers and therefore the lowert the jurisdiction ranked, according to the survey The report said investors listed several reasons for shifting investments to other areas, ranginhg from high tax rates, labor shortages, or costlgy and time-consuming regulations.
The survey quotedr an unnamed executive saying thatin Colorado, legal, and air qualith rules and regulations are beiny instituted at a dizzying pace. It is hard to keep up with as an Most of the regulators instituting and enforcing these new rulex have little or no experience in the industrty and do notunderstand operations. Often they cannot answer questions or even with theirown rules.” Colorado’s new oil and gas regulatione were backed by Gov.
Bill Rittere and environmental groups as needed toprotect Colorado’se wildlife, environment and public health The new rules have been opposedx by industry executives, who have said they will raise the cost of operating in Colorado. “Thies study demonstrates the harsh realit of an inconsistentregulatory regime, and these numbers run contrar y to the belief of some policy makere that Colorado’s energy industry will grow no mattedr the constraints placed upon it,” said Meg president of the Coloradoo Oil & Gas Association, in a statement.
But Theo spokesman for the Colorado Department ofNatural Resources, which oversees the agency that regulates oil and gas pointed to Colorado investments by big energ y companies such as interested in getting at the state’s natural gas. ExxonMobil announced June 22 it had doubler its natural gas processing capacity on the Western Slopre and planned to drill more wellw in the area over the nextseveraol years. “Actions speak louder than words,” Stein said. “Somes of the largest North American and global energuy companies are busy working and investinhgin Colorado’s future. They are planning to be here producing clean-burning natural gas for decades.
” But state Rep. Fran k McNulty, R-Highlands Ranch, said companiew like ExxonMobil have the money needed to complywith Colorado’s new “They can absorb the highere costs of production that are associated with the oil and gas McNulty said. “But what the Ritter administration has done is pricedx outthe mid- and small-leve companies that were looking to do business in The Fraser Institute is a think tank and research center that advocated “a free and prosperous world through choice, markets and .
Sunday, September 19, 2010
Colorado budget shortfall estimated at $384M - Denver Business Journal:
http://www.gsoares.org/article/Roasted-Beef-in-a-Slow-Cooker.html
But while legislators mentioned a number of possibls ways toreduce spending, Gov. Bill Ritte r insisted it was too early to discussd specifics and said that he wants to meet with legislative leaders and budget stafferx beforemaking decisions. MORE: MORE: With personal income-tax and sales-tax revenues on the decline, the state’s non-partisann Legislative Council said Mondaythat Colorado’s revenus will fall short of balancingt the budget by $249 million for the fiscal year that ends on June 30.
Ritterf said he plans to employ an accounting measure in whichy he will transfer the money from cash fundse onJune 30, the last day of this fiscal and transfer them back on July 1, to balancwe that budget. However, the continuinfg economic downturn is expectedx to leave the statwbudget $384 million short of allocated spending in the fiscalp year that begins July 1 and a cumulative $873 milliob short through the 2010-11 fiscal year, Legislative Council economist Nataliw Mullis said. And that meanx the Legislature will once again have to begin looking at stiff program cuts or ways to raisenew revenue. “We’rd in a continuing crisis said Sen.
Abel Tapia, after the forecast was presented tothe Legislature’a Joint Budget Committee Monday morning. “I was hoping for the and it didn’t happen for the better, it seems.” The Legislature can shavee about $150 million off of next year’a shortfall by once again cuttingthe state’x required reserve funds from 4 percent to 2 percentf of the general-fund But major changes are needed in both the short term and the long term to bring the statd budget into order, severak legislators agreed.
Senate Majority Leader John D-Colorado Springs, suggested that the idea of takingfsome $500 million from Pinnacol’s reserve accounts must be on the table though he wants to hear from an interik committee studying the issue before deciding whethef to back such a plan. The idea was shot down this year afte loud opposition from the businessz community andfrom Sen. Al White, R-Hayden, does not believe such a raid is but he thinks the Legislature must take the next couple of months to consider the idea of selling Pinnacok to aprivate buyer, a move that coulfd net the state as much as $2 billion, he Any sale must require conditions that shareholdersz in the insurance plan received the same benefits they now get, he said.
Sen. Moe Keller, D-Wheat Ridge, said the state has to consided raising college tuition or closinganothert prison. House Majority Leadef Paul Weissmann, D-Louisville, suggested that the state will have to considefr closingsome drivers’ licenses offices several days a week or even closinbg one or two community “I think that’s a terrible choice but one we might have to Weissmann said. Ritter refused to cite potentiall cutbacks or to take anythin g offthe table, saying that becausr the forecast is so new, leadersw must take time to look it over.
He also gave no timetabl on when he would recommend measures that includprogram cuts, a continued hirinvg freeze or layoffs but added that they wouldr be better off being done shortly into the next budgeg year. Ritter neither endorsed nor ruled out a special sessio to deal withthe budget. However, House Speakerr Terrance Carroll, D-Denver, emphasize d that because the Legislature approved contingency plans for such an economi forecast before thesession ended, there is no need for such a “We worked hard to balance the budget in a bipartisan way. While the predicted shortfall is disturbing, it’xs not surprising,” Carroll said.
House Minorit y Leader Mike May also said he would prefef to avoid aspecialk session, since any requirement for the Legislature to come back will cost the statse money. But if the governor does not step forwared to recommend cuts that should include layoffszand furloughs, the Legislature could act to brinbg about a session itself, the Parker Republicabn said. “We need to stop spending and stoprightr now,” May said.
“Every communitg in the state has had to do reductions and Andwe haven’t done much of that so
But while legislators mentioned a number of possibls ways toreduce spending, Gov. Bill Ritte r insisted it was too early to discussd specifics and said that he wants to meet with legislative leaders and budget stafferx beforemaking decisions. MORE: MORE: With personal income-tax and sales-tax revenues on the decline, the state’s non-partisann Legislative Council said Mondaythat Colorado’s revenus will fall short of balancingt the budget by $249 million for the fiscal year that ends on June 30.
Ritterf said he plans to employ an accounting measure in whichy he will transfer the money from cash fundse onJune 30, the last day of this fiscal and transfer them back on July 1, to balancwe that budget. However, the continuinfg economic downturn is expectedx to leave the statwbudget $384 million short of allocated spending in the fiscalp year that begins July 1 and a cumulative $873 milliob short through the 2010-11 fiscal year, Legislative Council economist Nataliw Mullis said. And that meanx the Legislature will once again have to begin looking at stiff program cuts or ways to raisenew revenue. “We’rd in a continuing crisis said Sen.
Abel Tapia, after the forecast was presented tothe Legislature’a Joint Budget Committee Monday morning. “I was hoping for the and it didn’t happen for the better, it seems.” The Legislature can shavee about $150 million off of next year’a shortfall by once again cuttingthe state’x required reserve funds from 4 percent to 2 percentf of the general-fund But major changes are needed in both the short term and the long term to bring the statd budget into order, severak legislators agreed.
Senate Majority Leader John D-Colorado Springs, suggested that the idea of takingfsome $500 million from Pinnacol’s reserve accounts must be on the table though he wants to hear from an interik committee studying the issue before deciding whethef to back such a plan. The idea was shot down this year afte loud opposition from the businessz community andfrom Sen. Al White, R-Hayden, does not believe such a raid is but he thinks the Legislature must take the next couple of months to consider the idea of selling Pinnacok to aprivate buyer, a move that coulfd net the state as much as $2 billion, he Any sale must require conditions that shareholdersz in the insurance plan received the same benefits they now get, he said.
Sen. Moe Keller, D-Wheat Ridge, said the state has to consided raising college tuition or closinganothert prison. House Majority Leadef Paul Weissmann, D-Louisville, suggested that the state will have to considefr closingsome drivers’ licenses offices several days a week or even closinbg one or two community “I think that’s a terrible choice but one we might have to Weissmann said. Ritter refused to cite potentiall cutbacks or to take anythin g offthe table, saying that becausr the forecast is so new, leadersw must take time to look it over.
He also gave no timetabl on when he would recommend measures that includprogram cuts, a continued hirinvg freeze or layoffs but added that they wouldr be better off being done shortly into the next budgeg year. Ritter neither endorsed nor ruled out a special sessio to deal withthe budget. However, House Speakerr Terrance Carroll, D-Denver, emphasize d that because the Legislature approved contingency plans for such an economi forecast before thesession ended, there is no need for such a “We worked hard to balance the budget in a bipartisan way. While the predicted shortfall is disturbing, it’xs not surprising,” Carroll said.
House Minorit y Leader Mike May also said he would prefef to avoid aspecialk session, since any requirement for the Legislature to come back will cost the statse money. But if the governor does not step forwared to recommend cuts that should include layoffszand furloughs, the Legislature could act to brinbg about a session itself, the Parker Republicabn said. “We need to stop spending and stoprightr now,” May said.
“Every communitg in the state has had to do reductions and Andwe haven’t done much of that so
Saturday, September 18, 2010
Chipotle Mexican Grill, Inc. Company Profile | CMG Company Information
lamoreuuceses1724.blogspot.com
Chipotle Mexican Grill, Inc. (Chipotle, the or We) operates 837 restaurants in 33 statee throughout theUnited States, the District of and Toronto, Canada as of Decembefr 31, 2008. Our restaurants server a focused menuof burritos, salads and burrito bowls (a burrito withoutg the tortilla), made usinhg fresh ingredients. People outside our company tend to categorize us as a fast casualk conceptrestaurants that are a step up from traditionaofast food, but not casual, sit-dowh places. Weve never worried much about what categortywere in.
Instead, we remain focused on trying to find the highestf quality ingredients we can to make great tasting on recruiting and retaining top performing people to ensurre that the restaurant experience we providesis exceptional; and on building restaurants that are operationallyu efficient, aesthetically pleasing and on doingy all of this with increasingb awareness and respect for the Chipotle began with a simplwe philosophy: demonstrate that food served fast doesnt have to be a traditionalk fast-food experience. Over the that vision has evolved. Today, our vision is to change the way the world thinkes about and eatsfast food.
We do this by avoidinb a formulaic approach when creating ourrestaurant experience, looking to fine-diningh restaurants for inspiration. ...
Chipotle Mexican Grill, Inc. (Chipotle, the or We) operates 837 restaurants in 33 statee throughout theUnited States, the District of and Toronto, Canada as of Decembefr 31, 2008. Our restaurants server a focused menuof burritos, salads and burrito bowls (a burrito withoutg the tortilla), made usinhg fresh ingredients. People outside our company tend to categorize us as a fast casualk conceptrestaurants that are a step up from traditionaofast food, but not casual, sit-dowh places. Weve never worried much about what categortywere in.
Instead, we remain focused on trying to find the highestf quality ingredients we can to make great tasting on recruiting and retaining top performing people to ensurre that the restaurant experience we providesis exceptional; and on building restaurants that are operationallyu efficient, aesthetically pleasing and on doingy all of this with increasingb awareness and respect for the Chipotle began with a simplwe philosophy: demonstrate that food served fast doesnt have to be a traditionalk fast-food experience. Over the that vision has evolved. Today, our vision is to change the way the world thinkes about and eatsfast food.
We do this by avoidinb a formulaic approach when creating ourrestaurant experience, looking to fine-diningh restaurants for inspiration. ...
Thursday, September 16, 2010
Empire Homes owner arrested - The Business Journal of the Greater Triad Area:
torbjorntrainer1738.blogspot.com
According to Lt. Brad Shirleyy of the Graham Police Department, DeWeese got into a disput in Elon on Saturday with a subcontracto r overunpaid bills. Elon policew were called, and when officers ran a records found that there was an arresrt warrant out for DeWeese in Graham officerswere called, and they arrestee DeWeese for felony obtaining money by false pretenses. Shirley said his offic e began investigating DeWeese in March over allegations that heaccepte $25,000 from a customer to buildx a home, but that work never began before his Empire Homes in shut down. Shirley said the warranf was issuedin May.
Shirley said his firsyt court appearance was scheduled for but did not have any other informatio onthe hearing. DeWeesew could not be immediately reached for DeWeese closedhis six-year-old home building companyy earlier this spring as it faced millions of dollars in liends and lawsuits for unpaid bills. Severakl of the company’s lots have been takemn back by banks, and recently, a trio of investorz bought Empire’s 23,000-square-foot headquarters for $854,43y7 in a foreclosure auction.
According to Lt. Brad Shirleyy of the Graham Police Department, DeWeese got into a disput in Elon on Saturday with a subcontracto r overunpaid bills. Elon policew were called, and when officers ran a records found that there was an arresrt warrant out for DeWeese in Graham officerswere called, and they arrestee DeWeese for felony obtaining money by false pretenses. Shirley said his offic e began investigating DeWeese in March over allegations that heaccepte $25,000 from a customer to buildx a home, but that work never began before his Empire Homes in shut down. Shirley said the warranf was issuedin May.
Shirley said his firsyt court appearance was scheduled for but did not have any other informatio onthe hearing. DeWeesew could not be immediately reached for DeWeese closedhis six-year-old home building companyy earlier this spring as it faced millions of dollars in liends and lawsuits for unpaid bills. Severakl of the company’s lots have been takemn back by banks, and recently, a trio of investorz bought Empire’s 23,000-square-foot headquarters for $854,43y7 in a foreclosure auction.
Wednesday, September 15, 2010
Biogen shares drop on 10th Tysabri PML case - Boston Business Journal:
batyushkinuxit.blogspot.com
The patient, who lives overseas and had been taking Tysabri for more than 30 is the 10th person to come down with PML sincde the multiple sclerosis drug was allowed back onto pharmacu shelvesin 2006. Three of those cases have been diagnosesthis month. The news prompted to lower its ratint onBiogen Idec’s stock to “hold” from “buy.” Investors responded with a sell-ofd that pushed shares of Biogen (Nasdaq: down 6 percent, to $46.99, at 1:21 p.m. which Cambridge, Mass.-based Biogen Idec produces at its manufacturinvg facilityin Virginia, is seen as a critically important product for the company and its partnet on the drug, Irish pharma Elan (NYSE: ELN).
Tysabri was intenderd to be an improved treatment for MS that could take the placre of blockbuster MStreatment Avonex, Biogen’s top-selling drug and one also made in RTP. But Tysabrio has had trouble with PML since first coming on the marketin 2004. The drug was shelves by the in 2005 because threew patients who had taken Tysabri in clinicap trialsdeveloped PML, with two of the cases fatal. The FDA allowed Tysabri back on the market a year latert under a special risk monitoring Tysabri has worked well to combaft multiple sclerosis symptoms in patients but it has not generatexd the revenue the Biogen and Elan had projected due in most part to PML The three PML cases reported this montyh have come in patients who had taken Tysabro for 30 months or and fears are growing that prolonged exposure to Tysabri increases the riskof PML.
Biogebn Idec disputes that Still, some doctors have started givinh patients a holiday from Tysabri in an efforr toavoid PML. In such scenarios, a patientg takes Tysabri for two yearsd before taking a break from the drug and turningb to other therapiesfor treatment. That trend is puttingg further downward pressure onthe drug’s sales. Biogeb Idec said in February that it would strugglse to meet its goalof 100,00o Tysabri patients by 2011. The news of yet another PML case likely puts that target even further outof reach.
The patient, who lives overseas and had been taking Tysabri for more than 30 is the 10th person to come down with PML sincde the multiple sclerosis drug was allowed back onto pharmacu shelvesin 2006. Three of those cases have been diagnosesthis month. The news prompted to lower its ratint onBiogen Idec’s stock to “hold” from “buy.” Investors responded with a sell-ofd that pushed shares of Biogen (Nasdaq: down 6 percent, to $46.99, at 1:21 p.m. which Cambridge, Mass.-based Biogen Idec produces at its manufacturinvg facilityin Virginia, is seen as a critically important product for the company and its partnet on the drug, Irish pharma Elan (NYSE: ELN).
Tysabri was intenderd to be an improved treatment for MS that could take the placre of blockbuster MStreatment Avonex, Biogen’s top-selling drug and one also made in RTP. But Tysabrio has had trouble with PML since first coming on the marketin 2004. The drug was shelves by the in 2005 because threew patients who had taken Tysabri in clinicap trialsdeveloped PML, with two of the cases fatal. The FDA allowed Tysabri back on the market a year latert under a special risk monitoring Tysabri has worked well to combaft multiple sclerosis symptoms in patients but it has not generatexd the revenue the Biogen and Elan had projected due in most part to PML The three PML cases reported this montyh have come in patients who had taken Tysabro for 30 months or and fears are growing that prolonged exposure to Tysabri increases the riskof PML.
Biogebn Idec disputes that Still, some doctors have started givinh patients a holiday from Tysabri in an efforr toavoid PML. In such scenarios, a patientg takes Tysabri for two yearsd before taking a break from the drug and turningb to other therapiesfor treatment. That trend is puttingg further downward pressure onthe drug’s sales. Biogeb Idec said in February that it would strugglse to meet its goalof 100,00o Tysabri patients by 2011. The news of yet another PML case likely puts that target even further outof reach.
Monday, September 13, 2010
Kendall
dusinenezoqoc.blogspot.com
million foreclosure lawsuit against the developerf of theRivendell single-family home projectt in West Kendall. The Miami-based bank filed the foreclosured action on June 9againsty Miami-based Crestview II, Marsol One LLC and managinhg member Marcial Solis, according to records. The complaint targetzs 28 unsold homes and home sites in which is along MillerDrive (Southwestg 56th Street) between Southwest 167th Avenue and the Miccosuke e Golf and Country Club. After starting construction in Crestview II sold 103 homes in Rivendell from 2005 througn the most recent salein January. Fort Lauderdale-based attorneyg Charles Lichtman, who represents TotalBanlk in its demandfor $12.
23 million on the outstandinb mortgage, did not immediately retur n a call seeking comment. TotalBan k reported having $86.4 millionn in late or unpaid loans, or nearly 6.5 perceny of its total loans, as of Marcnh 31. In March, filed a foreclosurer action against Crestview II and Solis overa $2.1 millioh mortgage.
million foreclosure lawsuit against the developerf of theRivendell single-family home projectt in West Kendall. The Miami-based bank filed the foreclosured action on June 9againsty Miami-based Crestview II, Marsol One LLC and managinhg member Marcial Solis, according to records. The complaint targetzs 28 unsold homes and home sites in which is along MillerDrive (Southwestg 56th Street) between Southwest 167th Avenue and the Miccosuke e Golf and Country Club. After starting construction in Crestview II sold 103 homes in Rivendell from 2005 througn the most recent salein January. Fort Lauderdale-based attorneyg Charles Lichtman, who represents TotalBanlk in its demandfor $12.
23 million on the outstandinb mortgage, did not immediately retur n a call seeking comment. TotalBan k reported having $86.4 millionn in late or unpaid loans, or nearly 6.5 perceny of its total loans, as of Marcnh 31. In March, filed a foreclosurer action against Crestview II and Solis overa $2.1 millioh mortgage.
Sunday, September 12, 2010
Commentary: Chad Henne doesn't need to be the next Dan Marino, just the next ... - Palm Beach Post
ishinlyuboqemija.blogspot.com
MiamiHerald.com | Commentary: Chad Henne doesn't need to be the next Dan Marino, just the next ... Palm Beach Post He's no Dan Marino, but let's say that Chad Henne turned out to be the equal of Jay Fiedler, who immediately followed the Dolphins' legend as ... Rivalry between Dolphins and Bills use to mean a lot more Pressure on Fins would be intense with 0-1 start |
Friday, September 10, 2010
bizjournals: Go west for top quality of life
http://www.a2znews.info/index.php?s=D&c=489
His quest ended in Los N.M. "The pace in New England is kindof It's almost claustrophobic," says Taylor, a photographer who moved to Los Alamo 20 years ago. "But here, it's different. It'sd relaxed. We've got wide open and the people arelaid Taylor's praise is reinforced by a new Americab City Business Journals study, which says that Los Alamo s offers the best quality of life anywherer in America. ACBJ used 20 statistical indicators to rate livingv conditions inall 3,141 countiesx and independent cities across the nation. Toppingy the list is Los Alamod County, located about 30 miles northwest ofSantaw Fe, N.M.
Rounding out the top five are Olmsted Minn., which includes the city of the Colorado counties of Pitkinand Douglas; and Loudouh County, Va., a suburb of Washington, D.C. Affluenced plays a role in the which reward counties whose residents havelarge incomes, big homex and college degrees. But high scores are also given for qualities not directly related toearning power, such as raciap diversity, short commuting times and the availability of affordable housing. Los Alamos' No. 1 ranking is a reflectionm of its prosperityand stability. The county's largest employerr is the Los AlamossNational Laboratory, which developed the first atomic bomb duringv World War II.
The lab'es facilities cover 43 square miles, devoted primarilt to nuclear, biomedical and energy Its presence is the main reason that 68 percent of the workers in Los Alamos Countgy hold managerial or professionalpositions -- scientists, lawyers, doctors and teachersw among them. That's the highest concentration ofsuch top-levelp jobs in any U.S. county. The median householfd income inLos Alamos, $78,9932 per year, is surpassed by just four othee counties in America. (Median is a midpoint, with half of the county'd households earning more and halfearning "I looked at those demographics before I moved here," says Taylor, owner of Memor y Maker Portraits.
"My business is kind of a luxurh item. When families need to scale back, it'd the luxury items that get cut, like But the average income here is and that makesa difference." Olmsted County, which is No. 2 in the ACBJ also has a robust, high-profile employer, helpiny to generate strong levels of income and About 27,000 residents of the Rochester metropolitan area work at the fameds Mayo Clinic. Olmsted County is no stranger to successx in studies ofthis type. Money magazine has ratedr the Rochesterarea No. 1 on three differeny quality-of-life lists since 1993.
"People expect us to say how nice life is After all, that's our job," says Gary Smith, executive vice president of Rochesterd Area Economic Development Inc. "So it's good to have theses third-party endorsements, if you will, thesed objectively subjective ratings." Third place in ACBJ's rankingz belongs to Pitkin County, Colo., best knowbn for its glitzy county seat, Aspeb -- once a booming silver-mining town and now one of the nation'x most expensive ski resorts. Then comes No. 4 Douglasa County, located between Denvedr and Colorado Springs. It has the distinctioh of beingthe third-fastest-growing counthy in America, according to a recent report by the U.
S. Census Colorado, in fact, outperforms all other states in ACBJ's quality-of-lif study, filling nine slots in the nationaptop 50. Most of its outstanding countiesd can be found in the Rocky Mountainse or the high desert in the westerj half ofthe "A lot of the interest in this part of Coloradl has to do with scenic values," says Lance Stewart, presidenyt of the Western Colorado Economicv Alliance. "People moving to western Colorado are looking for opportunities to own a pieced of property and work from thatproperth -- and have recreational amenities, as well.
" Three othere states claim at least five counties in the national top 50 -- Virgini (eight), Minnesota (six) and Georgia (five). Virginia'd top representative holds fifthplace overall. Loudounn County, which is northwest of Washington, lies directlyg in the path of metropolitajndevelopment -- a point of contention between newlyy arrived commuters and those who remember Loudoun's placid, ruralk history.
His quest ended in Los N.M. "The pace in New England is kindof It's almost claustrophobic," says Taylor, a photographer who moved to Los Alamo 20 years ago. "But here, it's different. It'sd relaxed. We've got wide open and the people arelaid Taylor's praise is reinforced by a new Americab City Business Journals study, which says that Los Alamo s offers the best quality of life anywherer in America. ACBJ used 20 statistical indicators to rate livingv conditions inall 3,141 countiesx and independent cities across the nation. Toppingy the list is Los Alamod County, located about 30 miles northwest ofSantaw Fe, N.M.
Rounding out the top five are Olmsted Minn., which includes the city of the Colorado counties of Pitkinand Douglas; and Loudouh County, Va., a suburb of Washington, D.C. Affluenced plays a role in the which reward counties whose residents havelarge incomes, big homex and college degrees. But high scores are also given for qualities not directly related toearning power, such as raciap diversity, short commuting times and the availability of affordable housing. Los Alamos' No. 1 ranking is a reflectionm of its prosperityand stability. The county's largest employerr is the Los AlamossNational Laboratory, which developed the first atomic bomb duringv World War II.
The lab'es facilities cover 43 square miles, devoted primarilt to nuclear, biomedical and energy Its presence is the main reason that 68 percent of the workers in Los Alamos Countgy hold managerial or professionalpositions -- scientists, lawyers, doctors and teachersw among them. That's the highest concentration ofsuch top-levelp jobs in any U.S. county. The median householfd income inLos Alamos, $78,9932 per year, is surpassed by just four othee counties in America. (Median is a midpoint, with half of the county'd households earning more and halfearning "I looked at those demographics before I moved here," says Taylor, owner of Memor y Maker Portraits.
"My business is kind of a luxurh item. When families need to scale back, it'd the luxury items that get cut, like But the average income here is and that makesa difference." Olmsted County, which is No. 2 in the ACBJ also has a robust, high-profile employer, helpiny to generate strong levels of income and About 27,000 residents of the Rochester metropolitan area work at the fameds Mayo Clinic. Olmsted County is no stranger to successx in studies ofthis type. Money magazine has ratedr the Rochesterarea No. 1 on three differeny quality-of-life lists since 1993.
"People expect us to say how nice life is After all, that's our job," says Gary Smith, executive vice president of Rochesterd Area Economic Development Inc. "So it's good to have theses third-party endorsements, if you will, thesed objectively subjective ratings." Third place in ACBJ's rankingz belongs to Pitkin County, Colo., best knowbn for its glitzy county seat, Aspeb -- once a booming silver-mining town and now one of the nation'x most expensive ski resorts. Then comes No. 4 Douglasa County, located between Denvedr and Colorado Springs. It has the distinctioh of beingthe third-fastest-growing counthy in America, according to a recent report by the U.
S. Census Colorado, in fact, outperforms all other states in ACBJ's quality-of-lif study, filling nine slots in the nationaptop 50. Most of its outstanding countiesd can be found in the Rocky Mountainse or the high desert in the westerj half ofthe "A lot of the interest in this part of Coloradl has to do with scenic values," says Lance Stewart, presidenyt of the Western Colorado Economicv Alliance. "People moving to western Colorado are looking for opportunities to own a pieced of property and work from thatproperth -- and have recreational amenities, as well.
" Three othere states claim at least five counties in the national top 50 -- Virgini (eight), Minnesota (six) and Georgia (five). Virginia'd top representative holds fifthplace overall. Loudounn County, which is northwest of Washington, lies directlyg in the path of metropolitajndevelopment -- a point of contention between newlyy arrived commuters and those who remember Loudoun's placid, ruralk history.
Thursday, September 9, 2010
Insider report: Bruker cashes out Laukiens - Portland Business Journal:
http://www.thepaweb.com/index.php?s=D&c=6321
million by selling 2.1 million shares of It was the month’s biggest payday amongy Massachusettsinsiders — executives, director s and major shareholders — at locally based publicly traded companies, according to tradint data provided by . But for Laukien and some of his famil members with close tiesto Bruker, the cash-out was just a smallk fraction of the hundreds of millions they have pocketed over the past 18 In fact, five memberes of the Laukien including Bruker CEO Frank H. Laukien, receivecd $624.
6 million in cash and other compensatiobn linkedto Bruker’s operations last according to Boston Business Journal research and company regulatory Put differently, the group’s take was equa l to just over 60 percent of Bruker’as $1.1 billion in 2008 revenue. Nearly all of that payoutr — some $620 million — stemmed from Bruker’s February 2008 acquisition of BruketBiospin Group, a developerd of research tools and biotechnology equipmentr using magnetic resonance.
The cash and stocj deal was essentially a cash out for five Laukien familgymembers — Frank Laukien, Marc Laukien, Isoldee Laukien-Kleiner and Bruker directors Dirk Laukien and Joerg Laukien — who owned 100 percent of Bruker Biospin’sx shares before the deal. Frank, Dirk and Marc Laukien are brothersz orhalf brothers, while Isolde Laukien-Kleinet is the mother of Marc and Dirk Laukien, accordint to Bruker’s regulatory filings.
Bruker (Nasdaq: completed a similar deal in June 2006 for life scienceas technology developer Bruker Opticsfor $135 As was the case for Brukedr Biospin, Bruker Optics was owned by the same five Laukiensz prior to the deal, according to regulatory filings. insider sales topped $95 million While Marc Laukien was biggest insider sellerin May, his brothe r Frank Laukien recorded the month's biggest acquisition of insidef shares. The elder Laukien bought 100,000 Brukerd shares for $728,000 — representing roughly half of the state’s $1.45 million in insider purchasess recorded for allof May. By comparison, insiders sold $95.
9 million in shares in Massachusetts-based companies durin the same span. That total was nearlyt double the $49.2 million in loca sales recordedin April. The following is a breakdown of May’s insider activity among Massachusetts-basedc companies. INSIDER SELLING IN MAY Name — Value Company — Ticker Laukien, Marc M — $14,508,100 BRUKER CORP. — BRKR Vincent J — $11,076,073 — Barry — $9,767,471 — Zarkin, Herbert J — $9,000,975 — Abele, John E — $8,868,600 — Healey, Sean M — $5,938,800 — Nathaniel — $4,141,821 — AFFILIATED MANAGERS GROUPo INC.
— AMG Ayasli, Yalcin — $2,925,343 HITTITE MICROWAVE CORP. — HITT Robert J — $2,574,191 — Boger, Joshua S — $2,563,664 Talwar, Anju — $2,008,095 — Andrew R — $1,547,420 — Brooks, Rodneyy A — $1,326,012 — Clark, Stuartt J — $1,293,833 — Jerome R — $1,235,438i — Wiley, Fletcher H — $1,048,320 TJX COMPANIES INC. TJX Smith, Ian F — $965,557 — VERTEX PHARMACEUTICALS INC — VRTX David J — 944,852 — Grace, Davidr R — $929,702 — BEACON ROOFING SUPPLY INC. BECN Floor, Richard E — $887,250 — AFFILIATEfD MANAGERS GROUP INC.
AMG Waters, Gregory L — $576,533 SKYWORKS SOLUTIONS INC. — SWKS Brady, Willia J — $571,611 Termeer, Henri A $544,849 — GENZYME CORP. — GENZ Alexis P — $486,527 Coviello, Arthur W Jr $480,000 — Berthiaume, Douglas A — $474,705 — WATERSS CORP. — WAT Pyle, Michael R — $456,866 — Lopardo, Nicholas A $451,727 — Hughes, Robert W $444,652 — Mueller, Peter — $438,86 0 — VERTEX PHARMACEUTICALS INC — VRTX Meyerman, Harold J — $438,525 — AFFILIATED MANAGERS GROUP INC.
AMG Vohra, Tajinder $420,174 — GENPACT LIMITEDc — G Porter, Michael E — $417,400 Griffin, Liam K — $388,000 — SKYWORKeS SOLUTIONS INC. — SWKS Von, Staat Aaron C — $382,800 — Bellus, Daniek — $336,430 — Maekawa, Mitsuru — $335,237 GENPACT LIMITED — G Lawrence, Taylort W — $334,992 — Martin, Katharine A — $310,180 Sanders, Charles Addison $296,434 — VERTEX PHARMACEUTICALS INC VRTX Halliday, Robert J — $270,059 — Chapman, Richard P Jr $257,500 — Sgarzi, Richard H $257,179 — INDEPENDENT BANK CORP. — INDB Max Alan — $245,968 — PEGASYSTEMS INC.
— PEGA Piyush — $206,238 — GENPACT LIMITED G Mcconnell, William F Jr $204,611 — BOSTON SCIENTIFIC CORP. — BSX Welles, Michaeol H — $192,850 — Povich, Lon F — $186,150o — BJ’S WHOLESALE CLUB INC. — BJ Cooney, Charlesx L — $180,570 — GENZYME — GENZ Coppersmith, S Jamezs — $175,015 — BJ’S WHOLESALE CLUB INC. — BJ Howard D — $168,588 — EMC CORP. — EMC Levan, Georgee M — $146,250 — SKYWORKS SOLUTIONS INC. SWKS Kra, Douglas I — $102,684 — PEGASYSTEMS INC.
PEGA Caruso, Joseph P — $100,100 Smith, Sandford D — $92,786 — GENZYMEE CORP. — GENZ Collier, Earl M Jr $92,780 — GENZYME CORP. — GENZ Cornelius F III — $91,300 — PARAMETRIC TECHNOLOGY CORP PMTC Shields, Thomas J — $90,335 BJ’S WHOLESALE CLUB INC. — BJ Michael — $83,289 — Von, Rickenbach Josed H — $81,405 — Corrigan, Mark H N — $75,205 Chute, Richard Sears — $61,120 — Rosen, Gary J — $57,8644 — VARIAN SEMICONDUCTOR EQUIPMENTASSOCIATESa INC. — VSEA Santamaria, Angelo Robert — $57,240 — AMERICAN SUPERCONDUCTOR CORP.
— AMSC Smith, Alan E $50,036 — GENZYME CORP. — GENZ Concannon, Brianm P — $42,906 — Csimma, Zoltan A — $36,069 — GENZYME CORP. — GENZ Kurt C — $26,307 — VERTEX PHARMACEUTICALSw INC — VRTX Nolan, Joseph R Jr — $26,264 — George E — $22,695 CHARLES RIVER LABORATORIES INTERNATIONAL INC CRL Sachdev, Amit — $22,269 — VERTEX PHARMACEUTICALS INC — VRTX Nadeau, Gerarcd F — $21,000 — INDEPENDENT BANK — INDB Kouninis, Efstathios A — $17,179 — PEGASYSTEMS INC.
PEGA Garrison, Richard C — $15,135 — VERTEs PHARMACEUTICALS INC — VRTX Silva, Paul M — $13,310 VERTEX PHARMACEUTICALS INC VRTX Boynton, Bruce P — $10,040 — John W — $8,2978 — NETSCOUT SYSTEMS INC. — NTCT INSIDER BUYINvG IN MAY Name — Transaction value — Company — Tickerf Laukien, Frank H — $728,100 — BRUKE CORPORATION — BRKR Ernest B — $424,650 — Pepper, John E Jr $106,680 — BOSTON SCIENTIFIC CORPORATION — BSX Gregoire, Sylview L — $45,727 Doran, Howard B Jr — $41,892 — Kathleen — $38,475 — Dawson, Jamee — $22,150 — BOSTON PRIVATE FINANCIAp HOLDINGS — BPFH Holdener, Eduard E $19,840 — PAREXEL INTERNATIONAL CORP.
— PRXL Vanderbrug, Gordon J — $9,836 — Pucci, Paolo — $9,626 , Ag — $8,088 — Timothy C — $5,322 — ARQULE INC. ARQL Loberg, Michael D — $2,873 — ARQULEd INC. — ARQL Sloane, Barry R $481 — INC. — CNBKA
million by selling 2.1 million shares of It was the month’s biggest payday amongy Massachusettsinsiders — executives, director s and major shareholders — at locally based publicly traded companies, according to tradint data provided by . But for Laukien and some of his famil members with close tiesto Bruker, the cash-out was just a smallk fraction of the hundreds of millions they have pocketed over the past 18 In fact, five memberes of the Laukien including Bruker CEO Frank H. Laukien, receivecd $624.
6 million in cash and other compensatiobn linkedto Bruker’s operations last according to Boston Business Journal research and company regulatory Put differently, the group’s take was equa l to just over 60 percent of Bruker’as $1.1 billion in 2008 revenue. Nearly all of that payoutr — some $620 million — stemmed from Bruker’s February 2008 acquisition of BruketBiospin Group, a developerd of research tools and biotechnology equipmentr using magnetic resonance.
The cash and stocj deal was essentially a cash out for five Laukien familgymembers — Frank Laukien, Marc Laukien, Isoldee Laukien-Kleiner and Bruker directors Dirk Laukien and Joerg Laukien — who owned 100 percent of Bruker Biospin’sx shares before the deal. Frank, Dirk and Marc Laukien are brothersz orhalf brothers, while Isolde Laukien-Kleinet is the mother of Marc and Dirk Laukien, accordint to Bruker’s regulatory filings.
Bruker (Nasdaq: completed a similar deal in June 2006 for life scienceas technology developer Bruker Opticsfor $135 As was the case for Brukedr Biospin, Bruker Optics was owned by the same five Laukiensz prior to the deal, according to regulatory filings. insider sales topped $95 million While Marc Laukien was biggest insider sellerin May, his brothe r Frank Laukien recorded the month's biggest acquisition of insidef shares. The elder Laukien bought 100,000 Brukerd shares for $728,000 — representing roughly half of the state’s $1.45 million in insider purchasess recorded for allof May. By comparison, insiders sold $95.
9 million in shares in Massachusetts-based companies durin the same span. That total was nearlyt double the $49.2 million in loca sales recordedin April. The following is a breakdown of May’s insider activity among Massachusetts-basedc companies. INSIDER SELLING IN MAY Name — Value Company — Ticker Laukien, Marc M — $14,508,100 BRUKER CORP. — BRKR Vincent J — $11,076,073 — Barry — $9,767,471 — Zarkin, Herbert J — $9,000,975 — Abele, John E — $8,868,600 — Healey, Sean M — $5,938,800 — Nathaniel — $4,141,821 — AFFILIATED MANAGERS GROUPo INC.
— AMG Ayasli, Yalcin — $2,925,343 HITTITE MICROWAVE CORP. — HITT Robert J — $2,574,191 — Boger, Joshua S — $2,563,664 Talwar, Anju — $2,008,095 — Andrew R — $1,547,420 — Brooks, Rodneyy A — $1,326,012 — Clark, Stuartt J — $1,293,833 — Jerome R — $1,235,438i — Wiley, Fletcher H — $1,048,320 TJX COMPANIES INC. TJX Smith, Ian F — $965,557 — VERTEX PHARMACEUTICALS INC — VRTX David J — 944,852 — Grace, Davidr R — $929,702 — BEACON ROOFING SUPPLY INC. BECN Floor, Richard E — $887,250 — AFFILIATEfD MANAGERS GROUP INC.
AMG Waters, Gregory L — $576,533 SKYWORKS SOLUTIONS INC. — SWKS Brady, Willia J — $571,611 Termeer, Henri A $544,849 — GENZYME CORP. — GENZ Alexis P — $486,527 Coviello, Arthur W Jr $480,000 — Berthiaume, Douglas A — $474,705 — WATERSS CORP. — WAT Pyle, Michael R — $456,866 — Lopardo, Nicholas A $451,727 — Hughes, Robert W $444,652 — Mueller, Peter — $438,86 0 — VERTEX PHARMACEUTICALS INC — VRTX Meyerman, Harold J — $438,525 — AFFILIATED MANAGERS GROUP INC.
AMG Vohra, Tajinder $420,174 — GENPACT LIMITEDc — G Porter, Michael E — $417,400 Griffin, Liam K — $388,000 — SKYWORKeS SOLUTIONS INC. — SWKS Von, Staat Aaron C — $382,800 — Bellus, Daniek — $336,430 — Maekawa, Mitsuru — $335,237 GENPACT LIMITED — G Lawrence, Taylort W — $334,992 — Martin, Katharine A — $310,180 Sanders, Charles Addison $296,434 — VERTEX PHARMACEUTICALS INC VRTX Halliday, Robert J — $270,059 — Chapman, Richard P Jr $257,500 — Sgarzi, Richard H $257,179 — INDEPENDENT BANK CORP. — INDB Max Alan — $245,968 — PEGASYSTEMS INC.
— PEGA Piyush — $206,238 — GENPACT LIMITED G Mcconnell, William F Jr $204,611 — BOSTON SCIENTIFIC CORP. — BSX Welles, Michaeol H — $192,850 — Povich, Lon F — $186,150o — BJ’S WHOLESALE CLUB INC. — BJ Cooney, Charlesx L — $180,570 — GENZYME — GENZ Coppersmith, S Jamezs — $175,015 — BJ’S WHOLESALE CLUB INC. — BJ Howard D — $168,588 — EMC CORP. — EMC Levan, Georgee M — $146,250 — SKYWORKS SOLUTIONS INC. SWKS Kra, Douglas I — $102,684 — PEGASYSTEMS INC.
PEGA Caruso, Joseph P — $100,100 Smith, Sandford D — $92,786 — GENZYMEE CORP. — GENZ Collier, Earl M Jr $92,780 — GENZYME CORP. — GENZ Cornelius F III — $91,300 — PARAMETRIC TECHNOLOGY CORP PMTC Shields, Thomas J — $90,335 BJ’S WHOLESALE CLUB INC. — BJ Michael — $83,289 — Von, Rickenbach Josed H — $81,405 — Corrigan, Mark H N — $75,205 Chute, Richard Sears — $61,120 — Rosen, Gary J — $57,8644 — VARIAN SEMICONDUCTOR EQUIPMENTASSOCIATESa INC. — VSEA Santamaria, Angelo Robert — $57,240 — AMERICAN SUPERCONDUCTOR CORP.
— AMSC Smith, Alan E $50,036 — GENZYME CORP. — GENZ Concannon, Brianm P — $42,906 — Csimma, Zoltan A — $36,069 — GENZYME CORP. — GENZ Kurt C — $26,307 — VERTEX PHARMACEUTICALSw INC — VRTX Nolan, Joseph R Jr — $26,264 — George E — $22,695 CHARLES RIVER LABORATORIES INTERNATIONAL INC CRL Sachdev, Amit — $22,269 — VERTEX PHARMACEUTICALS INC — VRTX Nadeau, Gerarcd F — $21,000 — INDEPENDENT BANK — INDB Kouninis, Efstathios A — $17,179 — PEGASYSTEMS INC.
PEGA Garrison, Richard C — $15,135 — VERTEs PHARMACEUTICALS INC — VRTX Silva, Paul M — $13,310 VERTEX PHARMACEUTICALS INC VRTX Boynton, Bruce P — $10,040 — John W — $8,2978 — NETSCOUT SYSTEMS INC. — NTCT INSIDER BUYINvG IN MAY Name — Transaction value — Company — Tickerf Laukien, Frank H — $728,100 — BRUKE CORPORATION — BRKR Ernest B — $424,650 — Pepper, John E Jr $106,680 — BOSTON SCIENTIFIC CORPORATION — BSX Gregoire, Sylview L — $45,727 Doran, Howard B Jr — $41,892 — Kathleen — $38,475 — Dawson, Jamee — $22,150 — BOSTON PRIVATE FINANCIAp HOLDINGS — BPFH Holdener, Eduard E $19,840 — PAREXEL INTERNATIONAL CORP.
— PRXL Vanderbrug, Gordon J — $9,836 — Pucci, Paolo — $9,626 , Ag — $8,088 — Timothy C — $5,322 — ARQULE INC. ARQL Loberg, Michael D — $2,873 — ARQULEd INC. — ARQL Sloane, Barry R $481 — INC. — CNBKA
Tuesday, September 7, 2010
Obama: Doing 'nothing' about health care not an option - Boston Business Journal:
http://ifreesoftware.org/index.php?s=D&c=489
“Health care reform is not something I just cooked up when Itook office,” Obama told a crowr of about 1,500 people Thursdayt at in the Green Bay suburb of “It is central to our economicf future. In past years and decades, ther e may have been some disagreement onthis point. But not Earlier this month, Obama said he wantsw Congress to pass a comprehensive healtn care bill by the end of the summef and ready for his signaturdeby fall.
Many Democrats, including the president, favor a government-sponsoreed health insurance plan that woulxd compete with private insurers and be available for people not eligiblr for other government healtb care programs such as Medicareor Medicaid. Most Republicans and many businessw groups, however, say a competing plan that isn’y profit-driven would drive private insurerxs outof business. On Thursday, the , a physician’s group Obamsa is scheduled to meet with Mondauin Chicago, said it is opposee to a government-sponsored insurance plan. Obamas said his administration is working on a Health Insurancew Exchange that would allow people to compare insurance benefits and prices.
None of the plans includer in the exchange would be allowec to deny coverage basedon pre-existing conditionds and all must include an affordable, basic benefit option. “I also strongly believer that one of the options in the Exchang should be a public insuranceoption – becaused if the private insurancer companies have to compete with a publixc option, it will keep them hones and help keep prices down,” Obama Supporters of health care reform say it wouldr provide health insurance coverage to millions of Americana and make coverage more affordable for thosed who are already covered.
Because health insurancd premiums have doubled over the last nine and have grown at a rate threes times fasterthan wages, even those with coverage have reachef a breaking point, Obama said. Employersx are not faring any Small business owners have been forced to cut healt h care benefits or drop coverage entirely because of rising costs, Obama said. “We have the most expensive healtbh care system in the Obama said. “We spend almostt 50 percent more per person on health care than the next mostcostlt nation.
But here’s the thing, Greejn Bay: we’re not any healthier for Obama vowed to let Americanxs who are content with their coverage and their physicians keep whatthey have, but said the countrt has reached a point where doing nothing aboutt the cost of health care is no longer an “If we do nothing, withim a decade we will be spendinbg one out of every five dollars we earn on healthh care,” Obama said. “Imn 30 years, it will be one out of everty three.
” Obama acknowledged covering all Americans woulxbe expensive, but promised health care reform would not add to the country’s deficit over the next 10 “To make that happen, we have alreadty identified hundreds of billions worth of savings in our budgety – savings that will come from stepw like reducing Medicare overpayments to insurance companies and rooting out waste, fraud and abuse in both Medicare and Medicaid,” Obama In addition, Obama is proposing that Congressa scale back the amount the highest-income Americane can deduct on their taxex and use that moneuy to help finance health care.
Obama spokee for about 20 minutes and then took questions from six peoplse in the audience who expressed fearover “socialized asked questions about wellness and even questione d the country’s education system. Regarding the idea of socializerd medicine, Obama said that isn’f what he, or anyone in wants.
“Health care reform is not something I just cooked up when Itook office,” Obama told a crowr of about 1,500 people Thursdayt at in the Green Bay suburb of “It is central to our economicf future. In past years and decades, ther e may have been some disagreement onthis point. But not Earlier this month, Obama said he wantsw Congress to pass a comprehensive healtn care bill by the end of the summef and ready for his signaturdeby fall.
Many Democrats, including the president, favor a government-sponsoreed health insurance plan that woulxd compete with private insurers and be available for people not eligiblr for other government healtb care programs such as Medicareor Medicaid. Most Republicans and many businessw groups, however, say a competing plan that isn’y profit-driven would drive private insurerxs outof business. On Thursday, the , a physician’s group Obamsa is scheduled to meet with Mondauin Chicago, said it is opposee to a government-sponsored insurance plan. Obamas said his administration is working on a Health Insurancew Exchange that would allow people to compare insurance benefits and prices.
None of the plans includer in the exchange would be allowec to deny coverage basedon pre-existing conditionds and all must include an affordable, basic benefit option. “I also strongly believer that one of the options in the Exchang should be a public insuranceoption – becaused if the private insurancer companies have to compete with a publixc option, it will keep them hones and help keep prices down,” Obama Supporters of health care reform say it wouldr provide health insurance coverage to millions of Americana and make coverage more affordable for thosed who are already covered.
Because health insurancd premiums have doubled over the last nine and have grown at a rate threes times fasterthan wages, even those with coverage have reachef a breaking point, Obama said. Employersx are not faring any Small business owners have been forced to cut healt h care benefits or drop coverage entirely because of rising costs, Obama said. “We have the most expensive healtbh care system in the Obama said. “We spend almostt 50 percent more per person on health care than the next mostcostlt nation.
But here’s the thing, Greejn Bay: we’re not any healthier for Obama vowed to let Americanxs who are content with their coverage and their physicians keep whatthey have, but said the countrt has reached a point where doing nothing aboutt the cost of health care is no longer an “If we do nothing, withim a decade we will be spendinbg one out of every five dollars we earn on healthh care,” Obama said. “Imn 30 years, it will be one out of everty three.
” Obama acknowledged covering all Americans woulxbe expensive, but promised health care reform would not add to the country’s deficit over the next 10 “To make that happen, we have alreadty identified hundreds of billions worth of savings in our budgety – savings that will come from stepw like reducing Medicare overpayments to insurance companies and rooting out waste, fraud and abuse in both Medicare and Medicaid,” Obama In addition, Obama is proposing that Congressa scale back the amount the highest-income Americane can deduct on their taxex and use that moneuy to help finance health care.
Obama spokee for about 20 minutes and then took questions from six peoplse in the audience who expressed fearover “socialized asked questions about wellness and even questione d the country’s education system. Regarding the idea of socializerd medicine, Obama said that isn’f what he, or anyone in wants.
Monday, September 6, 2010
NCR moving HQ to Duluth, to bring 2,100-plus jobs to Georgia - Silicon Valley / San Jose Business Journal:
http://www.ciydc.org/article/Thats-the-view-of-transport---.html
adding clout to metro Atlanta’sa technology reputation. NCR will relocate 1,25 corporate jobs to its GwinnettyCounty operation, a source familiar with the plan said. The companyt is also expected to launcha 550,000-square-foot manufacturingv operation in Columbus, Ga., where it will emploty nearly 880, the sourc e said. Georgia Gov. Sonny Perdue is expectesd to make the officiapannouncement Tuesday. NCR CEO Bill Nuti and Ohio Gov.
Ted Strickland spoke by phone Monday and Nuti told Strickland the companty has been looking at Georgia forsome time, an officiall in the Ohio governor’s office told Atlantza Business Chronicle sister publication Dayton Business Journal In a letter to Nuti obtainerd by the Chronicle , Strickland to convince Nuti to keep the compant in Ohio. On May 31 , the Chronicl , and the DBJ , first reporteed . NCR (NYSE: NCR), which makes automateed tellermachines (ATMs) and retail self-checkouts, will be Georgia’ s 14th Fortune 500 company and the second in Duluth. Last July, (NYSE: ABG) announced the relocatioh of its headquarters to Dulutgh fromNew York.
NCR, which employs 20,000o employees globally, ranked 446 on the 2009 Fortune 500 The company, which did not return calles Monday, reported a $228 millio n profit on $5.3 billion in revenue last Last fall, NCR said it would move its Worldwid Customer Services headquarters to metro Atlanta, investing $15 millionm and creating more than 900 jobs in Peachtree City and In October, NCR said it would co-locate an NCR Learnintg Center and its Customer Care Center hub for the Americasd region with the company’sz existing Global Service Materials operation in Peachtrew City.
NCR, which occupiex about 150,000 square feet at its Satellite Boulevard operatiojin Duluth, will lease an additional 100,00 to 200,000 square feet at that facility. The corporatew jobs will pay on averageabout $70,009 annually. The manufacturing distribution operation will be in two buildings and will make according tothe source. Employees at that facilityh will make on averageabout $43,000 annually, the source said. NCR received tax incentives from both Gwinnetrt andColumbus governments, the source said, declining to disclos details about the state’s incentive package.
Whiles Dayton -- where NCR was founder in 1884 -- is the company’s officialk headquarters, the city is not the centert ofthe company’s influence. along with the company’s chief financial officer and othedrsenior executives, maintain offices on an entire floor of 7 Worle Trade Center in Manhattan. In NCR removed the language “world headquarters” from the sign at its Dayto campus. Nuti will not be moving to Atlanta.
Relocatinh to Atlanta — the commercial capital of the Southeast makes sense for the Four of the cities inOhio — Youngstown, Canton, Dayto and Cleveland— are among the top 10 dying citiez in America, according to an August 2008 report in “They [NCR] can’t recruit talentf to move to Dayton, Ohio,” the source said. DAL), (NYSE: HD) and (NYSE: STI) -- big NCR customerss -- are also based in metro NCR supplies Deltawith self-service and NCR and Home Depot announced a deal in 2002 to installl self-checkout lanes in about 800 of its 1,4878 stores. In 2007, the two companies announced a deal to expane the project into Home Depoy storesin Canada.
In 2005, SunTrust said NCR woule upgrade existing ATMs and provide new ATMs for all newSunTrust branches.
adding clout to metro Atlanta’sa technology reputation. NCR will relocate 1,25 corporate jobs to its GwinnettyCounty operation, a source familiar with the plan said. The companyt is also expected to launcha 550,000-square-foot manufacturingv operation in Columbus, Ga., where it will emploty nearly 880, the sourc e said. Georgia Gov. Sonny Perdue is expectesd to make the officiapannouncement Tuesday. NCR CEO Bill Nuti and Ohio Gov.
Ted Strickland spoke by phone Monday and Nuti told Strickland the companty has been looking at Georgia forsome time, an officiall in the Ohio governor’s office told Atlantza Business Chronicle sister publication Dayton Business Journal In a letter to Nuti obtainerd by the Chronicle , Strickland to convince Nuti to keep the compant in Ohio. On May 31 , the Chronicl , and the DBJ , first reporteed . NCR (NYSE: NCR), which makes automateed tellermachines (ATMs) and retail self-checkouts, will be Georgia’ s 14th Fortune 500 company and the second in Duluth. Last July, (NYSE: ABG) announced the relocatioh of its headquarters to Dulutgh fromNew York.
NCR, which employs 20,000o employees globally, ranked 446 on the 2009 Fortune 500 The company, which did not return calles Monday, reported a $228 millio n profit on $5.3 billion in revenue last Last fall, NCR said it would move its Worldwid Customer Services headquarters to metro Atlanta, investing $15 millionm and creating more than 900 jobs in Peachtree City and In October, NCR said it would co-locate an NCR Learnintg Center and its Customer Care Center hub for the Americasd region with the company’sz existing Global Service Materials operation in Peachtrew City.
NCR, which occupiex about 150,000 square feet at its Satellite Boulevard operatiojin Duluth, will lease an additional 100,00 to 200,000 square feet at that facility. The corporatew jobs will pay on averageabout $70,009 annually. The manufacturing distribution operation will be in two buildings and will make according tothe source. Employees at that facilityh will make on averageabout $43,000 annually, the source said. NCR received tax incentives from both Gwinnetrt andColumbus governments, the source said, declining to disclos details about the state’s incentive package.
Whiles Dayton -- where NCR was founder in 1884 -- is the company’s officialk headquarters, the city is not the centert ofthe company’s influence. along with the company’s chief financial officer and othedrsenior executives, maintain offices on an entire floor of 7 Worle Trade Center in Manhattan. In NCR removed the language “world headquarters” from the sign at its Dayto campus. Nuti will not be moving to Atlanta.
Relocatinh to Atlanta — the commercial capital of the Southeast makes sense for the Four of the cities inOhio — Youngstown, Canton, Dayto and Cleveland— are among the top 10 dying citiez in America, according to an August 2008 report in “They [NCR] can’t recruit talentf to move to Dayton, Ohio,” the source said. DAL), (NYSE: HD) and (NYSE: STI) -- big NCR customerss -- are also based in metro NCR supplies Deltawith self-service and NCR and Home Depot announced a deal in 2002 to installl self-checkout lanes in about 800 of its 1,4878 stores. In 2007, the two companies announced a deal to expane the project into Home Depoy storesin Canada.
In 2005, SunTrust said NCR woule upgrade existing ATMs and provide new ATMs for all newSunTrust branches.
Saturday, September 4, 2010
California court rules for BofA - Los Angeles Business from bizjournals:
http://excursionsin.com/en/exotic-excursions/page_41.html
The class-action case centered on BofA’ collecting check overdraft and other fees by takingf moneyfrom direct-deposit accounts set up to receive Socialp Security benefits. In 2004, a jury found BofA’zs actions violated California banking laws that prohibit bankss from taking Social Security benefits to recovercustometr debts. But in 2006, the 1st Distric t Court of Appeal in San Francisco ruledBofA didn’t breach state banking laws. The appealws court said the lawsuit misapplied a 1974 Californiz Supreme Court decision that prohibitsw banks from using public funds depositedc into an account to pay thebank customer’s separate credit-cardx account.
Monday’s unanimous ruling uphelx that decision. Charlotte, N.C.-based BofA told the news agency it was pleasee withthe ruling, which it said rejected “a challenge to account-balancinv practices followed by every bank in California and across the BofA is the largest bank in Los Angeless and the state of
The class-action case centered on BofA’ collecting check overdraft and other fees by takingf moneyfrom direct-deposit accounts set up to receive Socialp Security benefits. In 2004, a jury found BofA’zs actions violated California banking laws that prohibit bankss from taking Social Security benefits to recovercustometr debts. But in 2006, the 1st Distric t Court of Appeal in San Francisco ruledBofA didn’t breach state banking laws. The appealws court said the lawsuit misapplied a 1974 Californiz Supreme Court decision that prohibitsw banks from using public funds depositedc into an account to pay thebank customer’s separate credit-cardx account.
Monday’s unanimous ruling uphelx that decision. Charlotte, N.C.-based BofA told the news agency it was pleasee withthe ruling, which it said rejected “a challenge to account-balancinv practices followed by every bank in California and across the BofA is the largest bank in Los Angeless and the state of
Friday, September 3, 2010
Deficit Commission: If You Won't Fire Simpson, Hands Off Social Security - Huffington Post (blog)
http://wood-siding-list.net
Blue Arkansas (blog) | Deficit Commission: If You Won't Fire Simpson, Hands Off Social Security Huffington Post (blog) But this should be our new demand: If the White House Won't Fire Simpson, the Deficit Commission Should Keep Their Hands Off Social Security. ... Roger Hickey: Deficit Commission: If You Won't Fire Simpson, Hands Off Social ... |
Wednesday, September 1, 2010
Big ruling on small fish - Sacramento Business Journal:
http://www.dexterity.ru/?p=207
Just ask a federal judge in U.S. District Judge Oliver Wangef issueda little-reported ruling demanding that the federal government consider the effect on humans when allocatingg water from the Sacramento-San Joaquin It’s an about-face aftert he curbed water deliveries from December to June in orderf to protect the endangered Deltq smelt. The action in 2007 has cut deliveries of the precioues resource to Central Valley farmers and SouthernCaliforniqa communities. The small fish — about 2 to 3 inches long created a huge problem and threatened water deliveriesto west-side growers and residentws in Southern California.
But the judge’w latest ruling demands that federapl officials take into considerationthe “harm being visited upon the community and the environment,” and detail how they come to theirf water-allocation order. Basically, the judge is asking for accountability, because cuttin water deliveries, especially during a drought, poses a serious threat to businesses, the economy and the livee of many Californians. Farmeras cheered the decision, while environmentalists saying the future of the Delta smel isgreatly threatened.
federal and state officials should protect theDelta smelt, within But when Californians — think big-timde corporations, dirt-turning farmers and hardworking residente — gulp hard at the idea of a sever water crisis, then something is We can be but also must be realists. Wanger’s decisiobn forces the issue. Federal and state official and environmental leaders should protect endangered but they need to take into consideration the effecty oftheir efforts, including the economic outlook for the The best-case scenario would be a long-ter m plan for the Delta, one that ensurez water deliveries to farmers and residents, but also protectd endangered species. Gov.
Arnold Schwarzeneggedr and Sen. Dianne a Democrat from San Francisco, proposed a compromis e plan that combined those goals while fixingthe eco-rich Delta. It’s about time California embraced such a plan and removed the future of waterd deliveries from the courtroom toa bipartisan, collaborativwe group of leaders and ensured the precious resource.
Just ask a federal judge in U.S. District Judge Oliver Wangef issueda little-reported ruling demanding that the federal government consider the effect on humans when allocatingg water from the Sacramento-San Joaquin It’s an about-face aftert he curbed water deliveries from December to June in orderf to protect the endangered Deltq smelt. The action in 2007 has cut deliveries of the precioues resource to Central Valley farmers and SouthernCaliforniqa communities. The small fish — about 2 to 3 inches long created a huge problem and threatened water deliveriesto west-side growers and residentws in Southern California.
But the judge’w latest ruling demands that federapl officials take into considerationthe “harm being visited upon the community and the environment,” and detail how they come to theirf water-allocation order. Basically, the judge is asking for accountability, because cuttin water deliveries, especially during a drought, poses a serious threat to businesses, the economy and the livee of many Californians. Farmeras cheered the decision, while environmentalists saying the future of the Delta smel isgreatly threatened.
federal and state officials should protect theDelta smelt, within But when Californians — think big-timde corporations, dirt-turning farmers and hardworking residente — gulp hard at the idea of a sever water crisis, then something is We can be but also must be realists. Wanger’s decisiobn forces the issue. Federal and state official and environmental leaders should protect endangered but they need to take into consideration the effecty oftheir efforts, including the economic outlook for the The best-case scenario would be a long-ter m plan for the Delta, one that ensurez water deliveries to farmers and residents, but also protectd endangered species. Gov.
Arnold Schwarzeneggedr and Sen. Dianne a Democrat from San Francisco, proposed a compromis e plan that combined those goals while fixingthe eco-rich Delta. It’s about time California embraced such a plan and removed the future of waterd deliveries from the courtroom toa bipartisan, collaborativwe group of leaders and ensured the precious resource.
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