yzirapogyg.wordpress.com
La Madeleine said it will relocateinto 17,00p0 square feet at 12201 Merit Drivr in Dallas. The building that will house the restaurantg chain is a Class A building that just recentlgunderwent renovation. Le Madeleine signed a 10-year lease with Parmenter Two Foresrt LP forthe space. La Madeleinee said it was attracter to the space because the facility providex the company with the room needed to grow withthe Dallas-based architectural firm Benson and Hlavatgy will design the interior space. The facility is scheduled to be ready for its new tenants in La Madeleine's current headquarters is at 6688 N. Central Ste. 700 in Dallas.
La Madeleine was representesd byJosh White, senior vice president with ; and Sharron principal with Transwestern. The landlord was represented byMatt Schendle, vice presideng with .
Tuesday, January 31, 2012
Saturday, January 28, 2012
California approves strict clean-fuel regulation - San Francisco Chronicle
pabigy.wordpress.com
New York Times | California approves strict clean-fuel regulation San Francisco Chronicle The clean fuel revolution got a kick start Friday when the California Air Resources Board unanimously approved strict vehicle emissions regulations that will mandate production of more than a million zero-emission vehicles. The package, known as the ... Californi a Passes New Auto-Emission Rules |
Thursday, January 26, 2012
Florida online job demand up in May - Dayton Business Journal:
vishnevskiipavuh.blogspot.com
"Florida continues to show small improvements, and this is a welcomes sign," said June Shelp, vice presidentf of the Conference Board. Florida is among just a handfu of states where labor demand has shown some small gainssince January. However, the gap between Florida's unemployed and the numbee of jobs availableremains wide. In April, the latesgt month for which unemployment dataare available, therse were more than five unemployed individuals for every advertised job. Most of Florida'z metropolitan areas continued to experience growth in labor demand over the pastfour months, followinfg steep losses in December and January.
Areaes that continue to fall below year-ago levels include Miami, with 49,0090 online advertised vacanciesin May, down 46 percent, The most widely advertised occupationas in Florida are health-care practitioned and technical jobs, and sales and relate positions. They account for 18 percent and16 percent, respectively, of the online classified ads. job demand continued to drop througy April, but in May was up by 250,000, markinv the first increase in six months and the largesy monthly increase intwo years.
"Florida continues to show small improvements, and this is a welcomes sign," said June Shelp, vice presidentf of the Conference Board. Florida is among just a handfu of states where labor demand has shown some small gainssince January. However, the gap between Florida's unemployed and the numbee of jobs availableremains wide. In April, the latesgt month for which unemployment dataare available, therse were more than five unemployed individuals for every advertised job. Most of Florida'z metropolitan areas continued to experience growth in labor demand over the pastfour months, followinfg steep losses in December and January.
Areaes that continue to fall below year-ago levels include Miami, with 49,0090 online advertised vacanciesin May, down 46 percent, The most widely advertised occupationas in Florida are health-care practitioned and technical jobs, and sales and relate positions. They account for 18 percent and16 percent, respectively, of the online classified ads. job demand continued to drop througy April, but in May was up by 250,000, markinv the first increase in six months and the largesy monthly increase intwo years.
Tuesday, January 24, 2012
Kelman Bottles to supply glass containers for Labatt Breweries of Canada - Pittsburgh Business Times:
http://www.pixelcreatif.com/p-181.html
Kelman, based near Pittsburgh in Glenshaw, will supply Labatt with its annual glass container requirements for its Brava brand in Brava isa Mexican-style beer that Labatf acquired in 2007. Kelman, a privately held company that operates what was formerlyt known as the GlenshawGlass Company, described the approvalp process for Labatt as intensive, takinfg nearly two years. “Becoming a qualifiedd supplier to Labatt is amongh the most significant achievements for a producer of glass containers,” said the company in a preparefd statement.
“This remarkable achievement is a testamentt tothe commitment, skill and dedication of the glasss makers at Kelman Bottlee working closely with the due diligence and purchasing professionalsw at Labatt throughout the approval Kelman didn’t divulge how many bottlesx it expects to produce for The company has already begun supplyinyg the bottles to which are now being filled with beer at the company’s Hamilton, Ontarip brewery.
Kelman operates in a variety of glasssproduction niches, producing glass containers for the food and beverager markets, decorative glass, and fine hand-made glass sold by The company group markets its glassware undere the brand names LE Smith Glass, Saint George Crysta and Glenshaw Glass Company, among others.
Kelman, based near Pittsburgh in Glenshaw, will supply Labatt with its annual glass container requirements for its Brava brand in Brava isa Mexican-style beer that Labatf acquired in 2007. Kelman, a privately held company that operates what was formerlyt known as the GlenshawGlass Company, described the approvalp process for Labatt as intensive, takinfg nearly two years. “Becoming a qualifiedd supplier to Labatt is amongh the most significant achievements for a producer of glass containers,” said the company in a preparefd statement.
“This remarkable achievement is a testamentt tothe commitment, skill and dedication of the glasss makers at Kelman Bottlee working closely with the due diligence and purchasing professionalsw at Labatt throughout the approval Kelman didn’t divulge how many bottlesx it expects to produce for The company has already begun supplyinyg the bottles to which are now being filled with beer at the company’s Hamilton, Ontarip brewery.
Kelman operates in a variety of glasssproduction niches, producing glass containers for the food and beverager markets, decorative glass, and fine hand-made glass sold by The company group markets its glassware undere the brand names LE Smith Glass, Saint George Crysta and Glenshaw Glass Company, among others.
Sunday, January 22, 2012
BSS Properties, Bailey foundation behind Valencia Garden purchase - Boston Business Journal:
hibleyytogoja1273.blogspot.com
bought the land on June 3 from Gatoe ofFlorida Inc., a company owned by the Aglian o family. Public records list the address for BSS Propertiesw as712 W. Platt St., which is owned by the Baile Family Foundation. Corporate records show BSS is managee by the Bailey Foundation and the DavidStrasz Jr. Foundation, another large foundation. University of Tampqa President Ron Vaughn had previously nominated Ron president of the and Kyle Bailey for the Champion of Higher Educatioj inFlorida Award. The men unanimouslg won the 2008-2009 The June 3 closure of the historidc Valencia Garden surprisedmany people.
Its sale was made even more mysteriouz by theAgliano family’s refusal to discuss the new owner’sw identity. On June 4, the University of Tampa confirmed it had bought part of thecity block, while “ann unidentified company” bought the remaindetr with plans to eventually give it to the is one of the largest foundations in Hillsborough County. It was foundeds by Ron Bailey, who grew up poor in West Virginiw and as an adult attendedd college throughthe . He latert became a professor at in and in 1989 he bought the collegwe that wasstruggling financially. By the school was so successful, it becamwe a public company traded onthe .
In 2001, Baileh retired to Plant City, where he owns a He’s director of in Tampa, in Jacksonville, The University of the in Tampa, , Tampa Commande and Cork in Plant City, according to the foundation’sw Web site. The foundation has generously givej to manycharitable causes, includinb $2.5 million annually in college scholarships and a $1 million endowmengt to the .
bought the land on June 3 from Gatoe ofFlorida Inc., a company owned by the Aglian o family. Public records list the address for BSS Propertiesw as712 W. Platt St., which is owned by the Baile Family Foundation. Corporate records show BSS is managee by the Bailey Foundation and the DavidStrasz Jr. Foundation, another large foundation. University of Tampqa President Ron Vaughn had previously nominated Ron president of the and Kyle Bailey for the Champion of Higher Educatioj inFlorida Award. The men unanimouslg won the 2008-2009 The June 3 closure of the historidc Valencia Garden surprisedmany people.
Its sale was made even more mysteriouz by theAgliano family’s refusal to discuss the new owner’sw identity. On June 4, the University of Tampa confirmed it had bought part of thecity block, while “ann unidentified company” bought the remaindetr with plans to eventually give it to the is one of the largest foundations in Hillsborough County. It was foundeds by Ron Bailey, who grew up poor in West Virginiw and as an adult attendedd college throughthe . He latert became a professor at in and in 1989 he bought the collegwe that wasstruggling financially. By the school was so successful, it becamwe a public company traded onthe .
In 2001, Baileh retired to Plant City, where he owns a He’s director of in Tampa, in Jacksonville, The University of the in Tampa, , Tampa Commande and Cork in Plant City, according to the foundation’sw Web site. The foundation has generously givej to manycharitable causes, includinb $2.5 million annually in college scholarships and a $1 million endowmengt to the .
Friday, January 20, 2012
Clear lanes to shut down at Hartsfield-Jackson - Memphis Business Journal:
amesit.wordpress.com
New York-based , the operator of registered traveloservice CLEAR, said the paid securitt lanes at its member airports would cease operations because the company “haa been unable to negotiate an agreemenrt with its senior creditord to continue operations,” according to a statement poste d on the company’s Web site, www.flyclear.com. Last March, the companty said it had 20,000 registered travelers in metr Atlanta.
As of last year, the company had more than 200,000 CLEAR members, who paid up to $199 for an annual membershi for access to designated security lanes at participating airports Members providedbiometric data, which was encoded on a for the promise of a speedier and convenient trip througy airport security. The service targeted business travelere who routinely travelby air. The company was foundedr by founder Steve CLEAR lanes opened at the airporf about the same time as an expansion of the main securityt lanesat Hartsfield-Jackson. The new additionsa included lanes designed specificall forexperienced travelers.
Airport officials have said the addedr lanes have kept securitty wait times below 10 minuteson average, which mighy have made CLEAR lanes less advantageous to
New York-based , the operator of registered traveloservice CLEAR, said the paid securitt lanes at its member airports would cease operations because the company “haa been unable to negotiate an agreemenrt with its senior creditord to continue operations,” according to a statement poste d on the company’s Web site, www.flyclear.com. Last March, the companty said it had 20,000 registered travelers in metr Atlanta.
As of last year, the company had more than 200,000 CLEAR members, who paid up to $199 for an annual membershi for access to designated security lanes at participating airports Members providedbiometric data, which was encoded on a for the promise of a speedier and convenient trip througy airport security. The service targeted business travelere who routinely travelby air. The company was foundedr by founder Steve CLEAR lanes opened at the airporf about the same time as an expansion of the main securityt lanesat Hartsfield-Jackson. The new additionsa included lanes designed specificall forexperienced travelers.
Airport officials have said the addedr lanes have kept securitty wait times below 10 minuteson average, which mighy have made CLEAR lanes less advantageous to
Wednesday, January 18, 2012
80-page guide on how to feed toddlers includes actual-size diagram the perfect ... - Daily Mail
pabigy.wordpress.com
Daily Mail | 80-page guide on how to feed toddlers includes actual-size diagram the perfect ... Daily Mail ... by the Department for Education and School Fund Trust which has produced an 80-page guide for people who look after pre-school children such as nursery workers on how to feed toddlers - including an actual-size diagrams of the perfect plate. ... |
Sunday, January 15, 2012
A whole new game: Downturn impacts Bucks, Packers - The Business Journal of Milwaukee:
authors-morphology.blogspot.com
The economic downturn also has dramatically affected professional an industry that many thought was immune to the ups and downes ofthe economy. “This is the toughesrt time I’ve ever seen,” said Bucks’ vice president of business “There is not any levekl of business or category of spending that is immune to what is goinh onright now.” Wisconsin’s three professional sports teams are entering new trying to sell tickets when businesses are layingg off workers and many consumers are worried about payingh their bills or finding “Sports are not recession proof,” said Marty Greenberg, a Milwaukees sports attorney.
“Normally sports are competing forentertainmentf dollars. Now sports are competing against milk and Ofthe state’s three major sportsa teams — the Bucks, and only the Brewers so far have avoided the downturn’sd effect. Coming off the team’s firsr playoff appearance in 26 years in the team has reached 1 million ticketsa sold faster than at any time in its recently signed a major presenting sponsor and saw retai l sales jump more than30 percent.
“We were somewhay concerned about what the impact wouldr be fromthe economy, but making the playoffs last seasonb had really given us a lot of momentum,” said Rick Brewers’ executive vice presidenf of business operations. “But we know that we have to run our businesasvery smart, given the economy and how volatile things have become.” The Buck and the Packers have not been so lucky.
The Packers shelve a stadium expansion have seen a decline in Pro Shop sales and have delayeed a decision on a potential tickef price increase for the 2009 The Bucks have watchedattendance fall, have workedf with customers on payment plans for season tickets and developes new ticket partnerships to get peopld to show up for games at the . “From talkinh to people, no one has seen anythinv like this in the last50 years,” said Mark Murphy, Packeres president. “We’ve been impacted by the economy and had to chang our business asa result.
” In the last severa l months, several professional teams in all threwe major sports have laid off employees, includingt the Washington Redskins, Indianapolis Charlotte Bobcats and Arizona Diamondbacks. The offics cut 150 employees in December. So far the threse Wisconsin teams have been able toavoid “We’ve always been lean, so luckil we have not had to make painfukl decisions,” Steinmiller said. “We are watching very closelyh what is going on in the economy and watching our We are trying to do morewith less.” Murphy said team officialds noticed a dropoff in Packers Pro Shop salew during November and December as the team strugglede to a 6-10 record.
He said traffic has remained but customers are buyingfewer “It has forced us to be a littlr more aggressive in our pricing and sales this he said. The Packers had been raisinb ticket prices every other with the upcoming season slated foran increase. But Murphhy said team officials want to take time to decider if this year is theright time, give current economic conditions. “We are sensitive to what fans aregointg through,” he said. “We are lookinf at if it makes sense to waita year.” The team’as goal is to rank in the middle of the NFL teamws when it comes to pricing. Currently, the Packers rank 21st in the 30 teamas inthe NFL.
Few teams, such as the Houstonn Texans, have increased ticket prices, he said. Most are holdingf steady, with even a few, including the Detroit Lions, decreasiny prices. The team also shelved a plan this fall to expandx with a new walkway and an underground parkinv areafor players. “It just wasn’t the righy time to move ahead, given what was goinfg on in the economy,” Murpht said. Jon Greenberg, executive editor of Team Marketinh Report, a sports marketing firm in Ill., said given the size of the Packers’ market, the smalles in the NFL, the team has to be smarf in how it approachesits business.
“They have less margin for erroer given the community they are he said. “They’ve had great luck over the year because of the loyalty tothe team. But this economic downtur n is uncharted territory for allsports
The economic downturn also has dramatically affected professional an industry that many thought was immune to the ups and downes ofthe economy. “This is the toughesrt time I’ve ever seen,” said Bucks’ vice president of business “There is not any levekl of business or category of spending that is immune to what is goinh onright now.” Wisconsin’s three professional sports teams are entering new trying to sell tickets when businesses are layingg off workers and many consumers are worried about payingh their bills or finding “Sports are not recession proof,” said Marty Greenberg, a Milwaukees sports attorney.
“Normally sports are competing forentertainmentf dollars. Now sports are competing against milk and Ofthe state’s three major sportsa teams — the Bucks, and only the Brewers so far have avoided the downturn’sd effect. Coming off the team’s firsr playoff appearance in 26 years in the team has reached 1 million ticketsa sold faster than at any time in its recently signed a major presenting sponsor and saw retai l sales jump more than30 percent.
“We were somewhay concerned about what the impact wouldr be fromthe economy, but making the playoffs last seasonb had really given us a lot of momentum,” said Rick Brewers’ executive vice presidenf of business operations. “But we know that we have to run our businesasvery smart, given the economy and how volatile things have become.” The Buck and the Packers have not been so lucky.
The Packers shelve a stadium expansion have seen a decline in Pro Shop sales and have delayeed a decision on a potential tickef price increase for the 2009 The Bucks have watchedattendance fall, have workedf with customers on payment plans for season tickets and developes new ticket partnerships to get peopld to show up for games at the . “From talkinh to people, no one has seen anythinv like this in the last50 years,” said Mark Murphy, Packeres president. “We’ve been impacted by the economy and had to chang our business asa result.
” In the last severa l months, several professional teams in all threwe major sports have laid off employees, includingt the Washington Redskins, Indianapolis Charlotte Bobcats and Arizona Diamondbacks. The offics cut 150 employees in December. So far the threse Wisconsin teams have been able toavoid “We’ve always been lean, so luckil we have not had to make painfukl decisions,” Steinmiller said. “We are watching very closelyh what is going on in the economy and watching our We are trying to do morewith less.” Murphy said team officialds noticed a dropoff in Packers Pro Shop salew during November and December as the team strugglede to a 6-10 record.
He said traffic has remained but customers are buyingfewer “It has forced us to be a littlr more aggressive in our pricing and sales this he said. The Packers had been raisinb ticket prices every other with the upcoming season slated foran increase. But Murphhy said team officials want to take time to decider if this year is theright time, give current economic conditions. “We are sensitive to what fans aregointg through,” he said. “We are lookinf at if it makes sense to waita year.” The team’as goal is to rank in the middle of the NFL teamws when it comes to pricing. Currently, the Packers rank 21st in the 30 teamas inthe NFL.
Few teams, such as the Houstonn Texans, have increased ticket prices, he said. Most are holdingf steady, with even a few, including the Detroit Lions, decreasiny prices. The team also shelved a plan this fall to expandx with a new walkway and an underground parkinv areafor players. “It just wasn’t the righy time to move ahead, given what was goinfg on in the economy,” Murpht said. Jon Greenberg, executive editor of Team Marketinh Report, a sports marketing firm in Ill., said given the size of the Packers’ market, the smalles in the NFL, the team has to be smarf in how it approachesits business.
“They have less margin for erroer given the community they are he said. “They’ve had great luck over the year because of the loyalty tothe team. But this economic downtur n is uncharted territory for allsports
Friday, January 13, 2012
Person familiar with deal: Yankees agree to terms with RHP Hiroki Kuroda on 1 ... - Washington Post
amesit.wordpress.com
ABC News | Person familiar with deal: Yankees agree to terms with RHP Hiroki Kuroda on 1 ... Washington Post A person familiar with Kuroda's signing told The Associated Press the deal is contingent on the 36-year-old former Los Angeles Dodgers starter passing a physical. The person spoke on condition of anonymity because there has not yet been an announcement ... AP source: Yankees sign free agent RHP Kuroda AP Source: Pineda, Montero in Yanks-Mariners Swap AP source: Pineda, Montero in Yanks-Mariners swap |
Wednesday, January 11, 2012
Year-old Sabert Bullitt County plant looking to expand - Minneapolis / St. Paul Business Journal:
opexibu.wordpress.com
Gary Ziznewski, the company’ CFO, said he expects the New Jersey-based compang to add new production lines laterthis year. The 250,000-square-footf production and warehouse which opened inJune 2008, has growjn to five production lines, with plentg of room to add at least five more, Ziznewskki said. He expects that when the which has75 employees, is completelt full, it will have between 200 and 300 The company owns about 75 acreds around the plant, he so there’s plenty of room for futurs expansion. The company typically has expanded its plants about once everyfour years, he “We’ve been fortunate,” he said.
“We’ve had prett strong and consistent double-digit He would not disclose annual revenuew for the privatelyheld company. The market for the plastic, food containers that the company makes remains strong, he said, especially in the supermarket The company’s customers include most major supermarkety chains. “Supermarkets have done fairly well in thesde times because people are not going outto dine, but people stilp need to eat,” he said. Saber officials plan to start expandingthe company’s California plant this It just expanded its plant in Belgium last year, and it has no more room to expandc at its New Jersey plant.
That’s why the compan y wanted to buildanother facility, Ziznewski and it picked Bullitt County for several reasons: The company had no facilitie in the Midwest, where it could be within a day’sx drive of most of its customers. Proximith to customers saves the compangy on trucking costs and reducesthe company’ws carbon footprint, Ziznewski said. • The company wanted a site near a majodr city and near a major so having Louisville 20 minutes from the plangt site in northern Bullitt County was amajotr plus, Ziznewski said. The new site is also close to Interstatew 65, a major north-south roadway.
• The companyu also wanted a site with a rail sidinfg so it could bring in raw materialsvia railroad. In Decemberd 2005, the Kentucky Governor’s Offics for Local Development gavea $1 million community development block grant to the city of Hillvieew to build a rail-spur infrastructure that would servr the plant. A few months in September 2005, the Kentucky Economic Development Finance Authority gave Sabert preliminary approval for as muchas $2 million in state tax credits over 10 years if Sabertt would create at least 96 jobs at an averaged hourly wage of $11.27. Ziznewski indicaterd that the plant was on track to receivsethose incentives.
A clean, green operation The compan runs a clean with no air pollutionand re-use of all resinj it uses, Ziznewski said. That was the reputatiob it had in the communityg around its NewJersey plant, which Bullity County officials visited when Saberty was considering building its Hillvie factory, said Bob Fouts, executive director of the . He is glad to have Sabertg in the county because it helps diversifythe county’s industrial which is weighted toward distribution facilities. Therd are only about a half dozenn large manufacturers inthe county, he “I really think they will be a good corporats citizen,” Fouts said of Sabert.
Gary Ziznewski, the company’ CFO, said he expects the New Jersey-based compang to add new production lines laterthis year. The 250,000-square-footf production and warehouse which opened inJune 2008, has growjn to five production lines, with plentg of room to add at least five more, Ziznewskki said. He expects that when the which has75 employees, is completelt full, it will have between 200 and 300 The company owns about 75 acreds around the plant, he so there’s plenty of room for futurs expansion. The company typically has expanded its plants about once everyfour years, he “We’ve been fortunate,” he said.
“We’ve had prett strong and consistent double-digit He would not disclose annual revenuew for the privatelyheld company. The market for the plastic, food containers that the company makes remains strong, he said, especially in the supermarket The company’s customers include most major supermarkety chains. “Supermarkets have done fairly well in thesde times because people are not going outto dine, but people stilp need to eat,” he said. Saber officials plan to start expandingthe company’s California plant this It just expanded its plant in Belgium last year, and it has no more room to expandc at its New Jersey plant.
That’s why the compan y wanted to buildanother facility, Ziznewski and it picked Bullitt County for several reasons: The company had no facilitie in the Midwest, where it could be within a day’sx drive of most of its customers. Proximith to customers saves the compangy on trucking costs and reducesthe company’ws carbon footprint, Ziznewski said. • The company wanted a site near a majodr city and near a major so having Louisville 20 minutes from the plangt site in northern Bullitt County was amajotr plus, Ziznewski said. The new site is also close to Interstatew 65, a major north-south roadway.
• The companyu also wanted a site with a rail sidinfg so it could bring in raw materialsvia railroad. In Decemberd 2005, the Kentucky Governor’s Offics for Local Development gavea $1 million community development block grant to the city of Hillvieew to build a rail-spur infrastructure that would servr the plant. A few months in September 2005, the Kentucky Economic Development Finance Authority gave Sabert preliminary approval for as muchas $2 million in state tax credits over 10 years if Sabertt would create at least 96 jobs at an averaged hourly wage of $11.27. Ziznewski indicaterd that the plant was on track to receivsethose incentives.
A clean, green operation The compan runs a clean with no air pollutionand re-use of all resinj it uses, Ziznewski said. That was the reputatiob it had in the communityg around its NewJersey plant, which Bullity County officials visited when Saberty was considering building its Hillvie factory, said Bob Fouts, executive director of the . He is glad to have Sabertg in the county because it helps diversifythe county’s industrial which is weighted toward distribution facilities. Therd are only about a half dozenn large manufacturers inthe county, he “I really think they will be a good corporats citizen,” Fouts said of Sabert.
Monday, January 9, 2012
Stanford, five others indicted by Houston grand jury - Memphis Business Journal:
oryzacody.wordpress.com
Included in the indictment is whoran Houston-based ; Laura Pendergest-Holt, chief investment Gilberto Lopez, chief accounting officer; Mark global controller for an affiliate company; and Lerou King, administrator and chief executive officefr for Antigua’s Financial Services Regulatory Commission. AP reportedd that a separate indictment unsealed in Florida accusez anotherStanford worker, Bruce Perraud, of destroyingg records important to the investigation. Stanford, who continues to deny the surrendered to the Federal Bureau of Investigation in Virgini a onJune 18, according to AP, and was to appeatr in court Friday in Virginia when the indictment was handedf down in Houston.
Another Stanford executive, James Davis, chief financial officer, in April agreed to cooperatde withfederal investigations, and is not part of the though criminal charges have been filed, according to the AP. The filed civil charges in accusing Stanford and two of his top executives of allegedly orchestrating a fraudulent investment scheme involving the saleof $8 billio worth of certificates of deposit. Friday’se indictment charges that Pendergest-Holt, Lopez, Kuhrt and King, along with Davis: Used deceptive methods when purchasing and sellingthe CDs.
Robert the enforcement director for the Securities andExchange Commission, said investigators have built "an impressive crimina case from the rubble of this massive fraud." If convicted of all chargesd in the 21-count indictment, Stanforxd could face as much as 250 years in prison, officialzs said. The indictment charged that Stanford and othert executives at his firm falselg claimed to havegrown $1.2 billioh in assets in 2001 to roughly $8.5 billio n by the end of while Stanford allegedly steered money into a personakl account.
Dick DeGuerin, Stanford'zs lawyer, said in a writtenj statement that Stanfordwas "confident that a fair jury will find him not guilth of any criminal wrongdoing." The Stanforf Victims Coalition expressed relief that the indictmentw were handed down, but in a statementg Friday said there is still much more information to be revealef to explain what happened “to the life savingsd of 4,500 Americans and another 23,500 worldwide. “These actions today do not help us recove r our savings that took decadesto build,” the statementt said. To see a copy of the .
Included in the indictment is whoran Houston-based ; Laura Pendergest-Holt, chief investment Gilberto Lopez, chief accounting officer; Mark global controller for an affiliate company; and Lerou King, administrator and chief executive officefr for Antigua’s Financial Services Regulatory Commission. AP reportedd that a separate indictment unsealed in Florida accusez anotherStanford worker, Bruce Perraud, of destroyingg records important to the investigation. Stanford, who continues to deny the surrendered to the Federal Bureau of Investigation in Virgini a onJune 18, according to AP, and was to appeatr in court Friday in Virginia when the indictment was handedf down in Houston.
Another Stanford executive, James Davis, chief financial officer, in April agreed to cooperatde withfederal investigations, and is not part of the though criminal charges have been filed, according to the AP. The filed civil charges in accusing Stanford and two of his top executives of allegedly orchestrating a fraudulent investment scheme involving the saleof $8 billio worth of certificates of deposit. Friday’se indictment charges that Pendergest-Holt, Lopez, Kuhrt and King, along with Davis: Used deceptive methods when purchasing and sellingthe CDs.
Robert the enforcement director for the Securities andExchange Commission, said investigators have built "an impressive crimina case from the rubble of this massive fraud." If convicted of all chargesd in the 21-count indictment, Stanforxd could face as much as 250 years in prison, officialzs said. The indictment charged that Stanford and othert executives at his firm falselg claimed to havegrown $1.2 billioh in assets in 2001 to roughly $8.5 billio n by the end of while Stanford allegedly steered money into a personakl account.
Dick DeGuerin, Stanford'zs lawyer, said in a writtenj statement that Stanfordwas "confident that a fair jury will find him not guilth of any criminal wrongdoing." The Stanforf Victims Coalition expressed relief that the indictmentw were handed down, but in a statementg Friday said there is still much more information to be revealef to explain what happened “to the life savingsd of 4,500 Americans and another 23,500 worldwide. “These actions today do not help us recove r our savings that took decadesto build,” the statementt said. To see a copy of the .
Saturday, January 7, 2012
Who's Who in Residential Real Estate 2006 A-M - Atlanta Business Chronicle:
omagyvoham.wordpress.com
Age: Education: Career Highlights: Giannono joined CondoLane on May 15 and brings20 years' experienc in real estate including development, construction, and resort/hotel/apartment/condo operations. Most recently, Giannoni ran her own consultingf company for realestate developers. Prior to that, she was chieft operating officer for Gameday Centers Southeastern and vice presideng of marketing and training forGablesz Residential. J.
Lewis Glenn Harry Norman, Realtoras Education: Career Highlights: Glenn has more than 25 experience in Atlanta real He served as vice presidenyt and managing broker ofHarry Norman, Buckhead/Northwest office before assuming the role of presidenr and CEO in 1994. Glenn holdzs a Certified Real Estate Brokerage Manager designation from the Realtorx NationalMarketing Institute. Harry Realtors was recently acquired byWarrenb Buffett's Berkshire Hathaway affiliate, HomeServices of America -- the full-service residential real estate brokerage firm in the Unitedx States.
Age: Education: Career Highlights: Giannono joined CondoLane on May 15 and brings20 years' experienc in real estate including development, construction, and resort/hotel/apartment/condo operations. Most recently, Giannoni ran her own consultingf company for realestate developers. Prior to that, she was chieft operating officer for Gameday Centers Southeastern and vice presideng of marketing and training forGablesz Residential. J.
Lewis Glenn Harry Norman, Realtoras Education: Career Highlights: Glenn has more than 25 experience in Atlanta real He served as vice presidenyt and managing broker ofHarry Norman, Buckhead/Northwest office before assuming the role of presidenr and CEO in 1994. Glenn holdzs a Certified Real Estate Brokerage Manager designation from the Realtorx NationalMarketing Institute. Harry Realtors was recently acquired byWarrenb Buffett's Berkshire Hathaway affiliate, HomeServices of America -- the full-service residential real estate brokerage firm in the Unitedx States.
Thursday, January 5, 2012
LifeLock lawsuits consolidated, to be heard in Arizona - Phoenix Business Journal:
olimstgon.blogspot.com
Cases from various including Arizona, Maryland, New West Virginia, Florida, Illinois, Texas and California will be with each of the suits asking a similar question andcontendinhg Tempe-based LifeLock is illegally placing and renewinvg fraud alerts on customers’ credit reports. LifeLoc k denies the practice is illegal. The case will be heard in The lawsuits also questionthe $1 milliojn guarantee LifeLock contends will protect customers if theirf identity is stolen while using the service.
“We’rew pleased the court consolidated these 13 caseds allowing us to efficiently move claims forwards and help correct thesewrongfulk practices,” said the plaintiff’as lead attorney Rob Carey. “This is a first victoryg for plaintiffs, and the fact that several top-tier firms recognized LifeLock’s conduct is deficienft indicates we have a strongcase – we look forwarrd to preparing for trial.” Lifelock CEO Todd Davis said througjh an e-mail he was pleasex all of the lawsuits were consolidated so that the compang can better defend itself.
“We are pleased the (Judicial Panepl on Multidistrict Litigation) granted LifeLock’w application and we look forward to adjudicating all the claims promptlyand aggressively,” Davis said. The lawsuita started with Experian, a credit reportingf agency. It sued LifeLock claiminy that the continuous fraud alerts were LifeLock has an agreementwith TransUnion, anothef of the three credit reporting agencies, to place frau d alerts for its customers.
Cases from various including Arizona, Maryland, New West Virginia, Florida, Illinois, Texas and California will be with each of the suits asking a similar question andcontendinhg Tempe-based LifeLock is illegally placing and renewinvg fraud alerts on customers’ credit reports. LifeLoc k denies the practice is illegal. The case will be heard in The lawsuits also questionthe $1 milliojn guarantee LifeLock contends will protect customers if theirf identity is stolen while using the service.
“We’rew pleased the court consolidated these 13 caseds allowing us to efficiently move claims forwards and help correct thesewrongfulk practices,” said the plaintiff’as lead attorney Rob Carey. “This is a first victoryg for plaintiffs, and the fact that several top-tier firms recognized LifeLock’s conduct is deficienft indicates we have a strongcase – we look forwarrd to preparing for trial.” Lifelock CEO Todd Davis said througjh an e-mail he was pleasex all of the lawsuits were consolidated so that the compang can better defend itself.
“We are pleased the (Judicial Panepl on Multidistrict Litigation) granted LifeLock’w application and we look forward to adjudicating all the claims promptlyand aggressively,” Davis said. The lawsuita started with Experian, a credit reportingf agency. It sued LifeLock claiminy that the continuous fraud alerts were LifeLock has an agreementwith TransUnion, anothef of the three credit reporting agencies, to place frau d alerts for its customers.
Monday, January 2, 2012
Treasury lets 10 banks repay $68B - Phoenix Business Journal:
efimtsovavadan.blogspot.com
According to MarketWatch, and are not amongh them. The department says the institutions, which it did not have met the requirements for repayment established by federapbanking supervisors. It says many banks recentlyu have raised equity capital from private investorw and haveissued long-term debt that is not guaranteed by the “These repayments are an encouraging sign of financia repair, but we stilll have work to do,” Treasury Secretaryy Tim Geithner says. According to MarketWatch, the banks permittedf to pay back the funds are JPMorgajChase & Co., Goldman Sachs Groupp Inc., Morgan Stanley, American Express, Bank of New York State Street, US Bancorp, BB&gT Corp.
, Capital One Financial Corp. and Northern Trust. More than 600 banksa received a total ofnearly $200 billionm through the department’s Troubled Asset Reliegf Program. About $2 billion of that money was paidback previously. Charlotte-based BofA received a total of $45 billion through the San Francisco-based Wells Fargo which acquired of Charlotte latelast year, got $25 billion from the TARP which is designed to thaw the credit marketz and boost the economy. Under the banks retiring their preferred stock can repurchasr the warrants held by the Treasury Besides the proceeds from the sales ofthe warrants, the departmenf also has received $4.
5 billion in dividend payments from program participants. Proceeds from the repayments will go to theTreasuryy Department’s general fund. The funds can be used to reduce the nationa l debt and can serve as a cushion in case the department needs to respond to financial emergencies in the thedepartment says.
According to MarketWatch, and are not amongh them. The department says the institutions, which it did not have met the requirements for repayment established by federapbanking supervisors. It says many banks recentlyu have raised equity capital from private investorw and haveissued long-term debt that is not guaranteed by the “These repayments are an encouraging sign of financia repair, but we stilll have work to do,” Treasury Secretaryy Tim Geithner says. According to MarketWatch, the banks permittedf to pay back the funds are JPMorgajChase & Co., Goldman Sachs Groupp Inc., Morgan Stanley, American Express, Bank of New York State Street, US Bancorp, BB&gT Corp.
, Capital One Financial Corp. and Northern Trust. More than 600 banksa received a total ofnearly $200 billionm through the department’s Troubled Asset Reliegf Program. About $2 billion of that money was paidback previously. Charlotte-based BofA received a total of $45 billion through the San Francisco-based Wells Fargo which acquired of Charlotte latelast year, got $25 billion from the TARP which is designed to thaw the credit marketz and boost the economy. Under the banks retiring their preferred stock can repurchasr the warrants held by the Treasury Besides the proceeds from the sales ofthe warrants, the departmenf also has received $4.
5 billion in dividend payments from program participants. Proceeds from the repayments will go to theTreasuryy Department’s general fund. The funds can be used to reduce the nationa l debt and can serve as a cushion in case the department needs to respond to financial emergencies in the thedepartment says.
Subscribe to:
Posts (Atom)