erofeyporgrinin.blogspot.com
The Charlotte-based development firm’s chief executive, Arthur Fields, has retiredd and will work with Crescent in anadvisorg capacity, the company says. Andrew Hede, Crescent’s chief restructuring has beennamed CEO. “Wes have been in active discussions with our lendersd and other stakeholders as we work towards an agreement that will bring our capital structurw in line with the currenteconomic environment,” Hede Crescent has more than 5,000 creditors, according to its Its assets are estimated at more than $1 billion. The local projectd listed in the Chapter 11 filing include Piedmonr Row and The Sanctuary atLake Wylie.
Crescen says it intends to operate its continuing businesses withouft any significant interruption during therestructuring process. The companty says that’s possible because of a recentlyyobtained debtor-in-possession financing facilityh of $110 million from a grouo of its existing lenders. As part of the Chaptert 11 filing, Crescent says it seeks court approval “tol make certain payments and to maintaim key agreementswith customers, vendors and partners of continuinv operations to ensure the company can maintainh its commitment to delivering a high level of amenities and Crescent says the filing is necessargy to reorganize its finances, reduce its debt level and improvee its capital structure.
“Wde intend to reach an agreemenr on our new capital structure and emerge from bankruptcy Hede says. The Chapter 11 petitionsx were filed inthe U.S. Bankruptcy Court in the Westernj Districtof Texas, Austin division. The company has 120 days from the filin g date to submit areorganization plan. A hot line has been set up as part of the Crescengt restructuringat (877) 204-8611. Attorneyg Eric Taube of LLP in Austin, will represent Crescent in the (NYSE:BAC), , Ranger Construction Co., and are amont Crescent’s largest unsecured creditora in Charlotte. In April, the Charlotte Businesw Journal reported that Crescenrt had adopted an aggressive new business strategt driven bya $1.
2 billion term loan that must be paid in full by Septembed 2012 — selling assets at fire-saler prices. In October, Crescent sold 4,500 acres in Berkele County, S.C., to for $40 million. In December, the company sold a Florids apartment projectfor $11.35 less than half the $27 million it paid for the complex threw years earlier. This year, the firm has closeds on the sale ofa 773-acre tract of land in Oconeew County, S.C., for just over $10 Locally, Crescent recently sold 18.4 acres in Fort Mill to a warehousingg company for $1.6 million. The companty — jointly owned by and is best known herefor high-end real estate communitieas such as The Peninsula and Ballantyne Country Club.
Befors the Chapter 11 filing, Crescent faced paymentss of $50 million by the end of this year, $75 million in 2010 and $100 millionm in 2011 on its
Wednesday, 31 August 2011
Monday, 29 August 2011
Newspaper publisher files for Ch. 11 - Dallas Business Journal:
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Addison-based ACN (Pink Sheets: ACNI) says creditors will be offering the companya debtor-in-possession credit facility of $5 Going forward, ACN says newspaperss under the company's umbrella will continue to operate in theif usual fashion. The publisher says advertisers and readers will not be directl impacted andthe publications’ Web sites and paper will continue to cover the communities as ACN’s other North Texas publications include Plano Insiderr , the Allen American , the Celinaq Record , , Rowletyt Lakeshore Times, , Lewisville Leader, Flowee Mound Leader, , The Colony Carrollton Leader, Southlake Times, Penngy Saver, North Texas Life, Stonebridg e Life, All About Frisco, All Aboutf Coppell, All About Flower Mound and Lantanaw .
“A difficult economic environment and weak advertising marker have created a number of challenges for our industr andour company,” said Gene Carr, chairman and CEO of ACN. “While we have proactively managed our businessby right-sizinhg our cost structure and driving efficiencies ... our operations are not able to support our currentcapitaol structure," Carr said. "As a result, we intend to reorganizre via the 363 sale process with continuing support from our lenders if approved, will reduce our debt." Section 363 of the bankruptc code allows a company to sell assetw out of bankruptcy proceedings free and cleaer of any liens.
Addison-based ACN (Pink Sheets: ACNI) says creditors will be offering the companya debtor-in-possession credit facility of $5 Going forward, ACN says newspaperss under the company's umbrella will continue to operate in theif usual fashion. The publisher says advertisers and readers will not be directl impacted andthe publications’ Web sites and paper will continue to cover the communities as ACN’s other North Texas publications include Plano Insiderr , the Allen American , the Celinaq Record , , Rowletyt Lakeshore Times, , Lewisville Leader, Flowee Mound Leader, , The Colony Carrollton Leader, Southlake Times, Penngy Saver, North Texas Life, Stonebridg e Life, All About Frisco, All Aboutf Coppell, All About Flower Mound and Lantanaw .
“A difficult economic environment and weak advertising marker have created a number of challenges for our industr andour company,” said Gene Carr, chairman and CEO of ACN. “While we have proactively managed our businessby right-sizinhg our cost structure and driving efficiencies ... our operations are not able to support our currentcapitaol structure," Carr said. "As a result, we intend to reorganizre via the 363 sale process with continuing support from our lenders if approved, will reduce our debt." Section 363 of the bankruptc code allows a company to sell assetw out of bankruptcy proceedings free and cleaer of any liens.
Friday, 26 August 2011
LCA-Vision might close more surgery centers in '09 - South Florida Business Journal:
qypytcuvy.blogspot.com
The news sent shares of LCA (NASDAQ: LCAV) down sharplyg during late-morning trading. But the 10 percenyt dip, which brought shares to $5.89, was followed by a Shares in LCA closesd up about1 percent, or 8 cents, to $6.5q Tuesday. “Procedure volume in April and May has declinedf approximately 45 percent from the comparable period last year and we currentlty anticipate continued softnessthroughout 2009,” said LCA-Visionh Chairman Anthony Woods, who was among six directors re-elected to the company’s board at the annual held at the Queem City Club downtown. Wood said the company might reduce spending on marketing this year andclosde “underperforming vision centers.
” Complaints about cost-cutting gave rise to takeoverd attempt by LCA-Vision founder Dr. Stephen Joffe, whose investmentg group acquired an 11 percent stake in the company and floatef its own slate of The Joffe group terminated its reform efforgt in March and Joff e has since sold more than half of his In additionto re-electing six shareholders rejected a stockholders' rights plan that makezs hostile takeovers more difficult.
The news sent shares of LCA (NASDAQ: LCAV) down sharplyg during late-morning trading. But the 10 percenyt dip, which brought shares to $5.89, was followed by a Shares in LCA closesd up about1 percent, or 8 cents, to $6.5q Tuesday. “Procedure volume in April and May has declinedf approximately 45 percent from the comparable period last year and we currentlty anticipate continued softnessthroughout 2009,” said LCA-Visionh Chairman Anthony Woods, who was among six directors re-elected to the company’s board at the annual held at the Queem City Club downtown. Wood said the company might reduce spending on marketing this year andclosde “underperforming vision centers.
” Complaints about cost-cutting gave rise to takeoverd attempt by LCA-Vision founder Dr. Stephen Joffe, whose investmentg group acquired an 11 percent stake in the company and floatef its own slate of The Joffe group terminated its reform efforgt in March and Joff e has since sold more than half of his In additionto re-electing six shareholders rejected a stockholders' rights plan that makezs hostile takeovers more difficult.
Wednesday, 24 August 2011
Cousins Chairman Tom Bell retiring - Pittsburgh Business Times:
esivyjifag.wordpress.com
Gellerstedt will remain president, the Atlanta-basede real estate investment trust said. Bell, who turns 60 this became Cousins CEO in January 2002 and chairmanh inDecember 2006. Under his watch, the companty sold nearly $3 billion in asseta during the market’s peak for special dividendss totaling $12.62 a share. “There is never a perfecr time to leave a companyy as respected and admiredas Cousins, but I’mk confident that after seven and a half yeares as chief executive, the company is ready for new leadership and renewefd energy,” Bell said in a statement.
“My decision to step asided now allows our extremely talented managemenf team under the guidance of Larry to make important decisions that will prepare Cousins for the next phasee of the realestate cycle.” Bell remains deeplu involved in Atlanta’s civic life. He has been instrumentaol in the effort to save fromfinancialk ruin. The movement began over dinneer in early 2007 when the table conversationof A.D. Correll, former CEO of , and Bell turnedr to Grady. Through thei r leadership and donationsfrom , ’xs $5 million, and . "I thought he had big shoes to fill when he took since he was replacing Tom saidHal Barry, founder of Barry Real Estate Cos.
"Since then, he's done an absolutely fantasti c job forthat company. And what he's done for the city and metrpo Atlanta have just been overthe top. I hope he doesn't give up some of his efforte that have meant so much to the Atlanta I just admire the heck outof Gellerstedt, 53, came to Cousins CUZ) when the REIT bought his firm, , in June 2005. Gellerstedtg served as chairman and chiet executive officer of the from 1986to 1998. In after the sale of Beers to , he was electer chairman and CEOof , a packaging and printed office products company. In 2000, Gellerstedyt became president and chief operating officerof , an urban mixed-use development company.
He went on to founr The Gellerstedt Groupin 2003. In othee company news, Cousins’ board of directors named S. Taylor Glover non-executive chairman of the board. Glover joinex the Cousins board inFebruary 2005. He is currently the presidentf and chief executive officerof
Gellerstedt will remain president, the Atlanta-basede real estate investment trust said. Bell, who turns 60 this became Cousins CEO in January 2002 and chairmanh inDecember 2006. Under his watch, the companty sold nearly $3 billion in asseta during the market’s peak for special dividendss totaling $12.62 a share. “There is never a perfecr time to leave a companyy as respected and admiredas Cousins, but I’mk confident that after seven and a half yeares as chief executive, the company is ready for new leadership and renewefd energy,” Bell said in a statement.
“My decision to step asided now allows our extremely talented managemenf team under the guidance of Larry to make important decisions that will prepare Cousins for the next phasee of the realestate cycle.” Bell remains deeplu involved in Atlanta’s civic life. He has been instrumentaol in the effort to save fromfinancialk ruin. The movement began over dinneer in early 2007 when the table conversationof A.D. Correll, former CEO of , and Bell turnedr to Grady. Through thei r leadership and donationsfrom , ’xs $5 million, and . "I thought he had big shoes to fill when he took since he was replacing Tom saidHal Barry, founder of Barry Real Estate Cos.
"Since then, he's done an absolutely fantasti c job forthat company. And what he's done for the city and metrpo Atlanta have just been overthe top. I hope he doesn't give up some of his efforte that have meant so much to the Atlanta I just admire the heck outof Gellerstedt, 53, came to Cousins CUZ) when the REIT bought his firm, , in June 2005. Gellerstedtg served as chairman and chiet executive officer of the from 1986to 1998. In after the sale of Beers to , he was electer chairman and CEOof , a packaging and printed office products company. In 2000, Gellerstedyt became president and chief operating officerof , an urban mixed-use development company.
He went on to founr The Gellerstedt Groupin 2003. In othee company news, Cousins’ board of directors named S. Taylor Glover non-executive chairman of the board. Glover joinex the Cousins board inFebruary 2005. He is currently the presidentf and chief executive officerof
Monday, 22 August 2011
Freeman Vineyard & Winery Donates 24 Acres of Redwoods to Bodega Land Trust
wilhelminadora4287.blogspot.com
June 10 /PRNewswire/ -- vineyard in Occidental, & Winery is proux to announce the donation of 24 acres of old growth and second growth redwood forests to the Bodega Land Freeman founders, , acquired the Occidental propertyg in 2007. Located 5 miles from Freeman'ws winery and estate vineyard in thenew 50-acre Occidental vineyard, whichn will be named , encompasses redwood forests, sheep pastures and apple orchards. In the spring of Freeman will begin planting approximately 14 acrexs of the orchard and pastureland to five cloness ofPinot Noir, and a smalp amount of Chardonnay.
In keeping with Freeman'xs commitment to the environment, the 24 acrese of redwood forests will be preserved in their pristine state through the stewardship of the BodegawLand Trust, and the vineyard will be farmed 100 percentr organically (and will immediatelyt begin the three-year process required for organifc certification). "This is something we are very proufd of," says . "Even thouguh we are a family-owned winery, we wanted to show that you don't have to be big to help save our or to give back to the This is a remarkable piece of and as excited as we are to be growing PinotNoir here, we are just as excited to be preservin the diversity of this special place.
" As a conditiom of the donation, the preserved 24 acrews will never be harvested, and will remain forever wild. The Occidentalo property is located atapproximatelgy 1,200 feet and features steep Goldridge soil and a southeaster exposure--all ideal for producing exceptional Pinot "Freeman Ranch will allow us even more controo over our fruit sources," says founder and assistany winemaker . "With its high elevationm and close proximity tothe coast, this area is perfectg for cool-climate viticulture. By 2012, we expect that 50 percent of our fruiyt will come from ourestate vineyards--which will be a wonderful complemeny to the fruit we already source from our world-class partnedr growers.
" , & Wineryh is dedicated to crafting elegant cool-climate California Pinotg Noir and Chardonnay in a sophisticated Burgundia n style. Believing in the vast potential of the Sonoma Coasyt and Russian appellations to producee wines of complexityand refinement, the Freemanx work with a small portfolio of acclaimed partnetr vineyards including Keefer and Heintz In addition, the Freemansx have planted seven acres of hillside vineyarde at their picturesque winery in These sites share many common elements that define excellencs in cool-climate viticulture, includingv hillside locations with coastal fog, Goldridge proper clonal selection and stressed vines producing extremelyh low yields of nuancec fruit.
The Bodega Land Trust offerx individuals the opportunity to preserve and restoreagriculturao lands, forests, streams, wilderness, natural habitats and resourcex in perpetuity through acceptance or purchase of land or conservation A conservation easement is a legal agreemen a landowner makes to limit the naturs of future development. Each easement is uniquely tailored to reflecta landowner'd desired land use. For additional please visit For more information on the its wine andits owners, and to purchase wine, please visit of SW/PRt at 415 381 8201 or .
Photosd are available upon
June 10 /PRNewswire/ -- vineyard in Occidental, & Winery is proux to announce the donation of 24 acres of old growth and second growth redwood forests to the Bodega Land Freeman founders, , acquired the Occidental propertyg in 2007. Located 5 miles from Freeman'ws winery and estate vineyard in thenew 50-acre Occidental vineyard, whichn will be named , encompasses redwood forests, sheep pastures and apple orchards. In the spring of Freeman will begin planting approximately 14 acrexs of the orchard and pastureland to five cloness ofPinot Noir, and a smalp amount of Chardonnay.
In keeping with Freeman'xs commitment to the environment, the 24 acrese of redwood forests will be preserved in their pristine state through the stewardship of the BodegawLand Trust, and the vineyard will be farmed 100 percentr organically (and will immediatelyt begin the three-year process required for organifc certification). "This is something we are very proufd of," says . "Even thouguh we are a family-owned winery, we wanted to show that you don't have to be big to help save our or to give back to the This is a remarkable piece of and as excited as we are to be growing PinotNoir here, we are just as excited to be preservin the diversity of this special place.
" As a conditiom of the donation, the preserved 24 acrews will never be harvested, and will remain forever wild. The Occidentalo property is located atapproximatelgy 1,200 feet and features steep Goldridge soil and a southeaster exposure--all ideal for producing exceptional Pinot "Freeman Ranch will allow us even more controo over our fruit sources," says founder and assistany winemaker . "With its high elevationm and close proximity tothe coast, this area is perfectg for cool-climate viticulture. By 2012, we expect that 50 percent of our fruiyt will come from ourestate vineyards--which will be a wonderful complemeny to the fruit we already source from our world-class partnedr growers.
" , & Wineryh is dedicated to crafting elegant cool-climate California Pinotg Noir and Chardonnay in a sophisticated Burgundia n style. Believing in the vast potential of the Sonoma Coasyt and Russian appellations to producee wines of complexityand refinement, the Freemanx work with a small portfolio of acclaimed partnetr vineyards including Keefer and Heintz In addition, the Freemansx have planted seven acres of hillside vineyarde at their picturesque winery in These sites share many common elements that define excellencs in cool-climate viticulture, includingv hillside locations with coastal fog, Goldridge proper clonal selection and stressed vines producing extremelyh low yields of nuancec fruit.
The Bodega Land Trust offerx individuals the opportunity to preserve and restoreagriculturao lands, forests, streams, wilderness, natural habitats and resourcex in perpetuity through acceptance or purchase of land or conservation A conservation easement is a legal agreemen a landowner makes to limit the naturs of future development. Each easement is uniquely tailored to reflecta landowner'd desired land use. For additional please visit For more information on the its wine andits owners, and to purchase wine, please visit of SW/PRt at 415 381 8201 or .
Photosd are available upon
Saturday, 20 August 2011
High-paying aviation and aerospace industries take flight - South Florida Business Journal:
vezasid.wordpress.com
Home to three major airports and severalmajor companies, the aviation/aerospace industrt covers a broad spectrum of businesss and is strong in Soutn Florida. (MIA), and are majorf anchors for the region. MIA claims to be No. 1 in the U.S. for internationao freight and No. 3 in overal l cargo. The region also has multiple generalaviatiom airports. The airports attract numerous supporting businessesx likerepair shops, parts fuel sellers and flight schools. Palm Beach County is particularlgy strong when it comes to engineeringband manufacturing. Some 1,200 employees staff ’d two West Palm Beach facilities.
There’e also Sikorsky, a sister company of Prat t & Whitney that manufactures helicoptors. And Wellington-basec is a world leader in aircraft interior andparts distribution. There are a number of incentives available for SoutbFlorida companies. One that may favor aviation/aerospace is the state’as Qualified Defense and Space ContractorTax Refund. There’s also the Qualifiexd Target Industry TaxRefund (QTI), availablr through the state and local governments for companies creating high wage Amin J. Khoury is chairman of the board and CEOof Wellington-based B/E Aerospace (NASDAQ: The aircraft interior products giant reported $1.7 billionh in revenue, placing it at No.
14 on the South Florida Business Journal’s list of top public companies. Laurans A. Mendelson is president, and CEO of Hollywood-based , an engine and partsa distributor. With multiple locations in Browaredand Miami-Dade, Heico HEI), ranked 32nd on the Businessd Journal’s list of public companies, with $508 million in 2007 revenue. B. Ben Baldanzs is president and CEOof Miramar-basexd . No. 16 on the Business Journal’ list of top private companies, the ultra-low discount carrietr reported $762 million in revenude in 2007. Spirit is the leading passenged carrier atFort Lauderdale-Hollywood International Airport. Dr. Singiresuj Rao is chairman of the atthe .
The program has 75 to 80 aerospace students. Austinm Andrews is manager of strategic planninb atPratt & Whitney in West Palm Beachg and chairman of the aerospace/aviation & engineering cluster committee for the . “Oncr we did the research on thecompanies here, it was eye-openinv at the number of companies Palm Beach County has. Palm Beach County’s 175 aerospace/aviation companies have a critical mass that promotes growth acrossthe industry.” Austin Andrews, Pratt & Whitnegy Rocketdyne “In the long run, the aerospace industryg is going to bring more dollars.
Educationh is a key to encouragethese knowledge-based jobs and diversify South Florida’s economy from its traditional dependency on tourism.” Dr. Singiresu Rao, University of Miamui
Home to three major airports and severalmajor companies, the aviation/aerospace industrt covers a broad spectrum of businesss and is strong in Soutn Florida. (MIA), and are majorf anchors for the region. MIA claims to be No. 1 in the U.S. for internationao freight and No. 3 in overal l cargo. The region also has multiple generalaviatiom airports. The airports attract numerous supporting businessesx likerepair shops, parts fuel sellers and flight schools. Palm Beach County is particularlgy strong when it comes to engineeringband manufacturing. Some 1,200 employees staff ’d two West Palm Beach facilities.
There’e also Sikorsky, a sister company of Prat t & Whitney that manufactures helicoptors. And Wellington-basec is a world leader in aircraft interior andparts distribution. There are a number of incentives available for SoutbFlorida companies. One that may favor aviation/aerospace is the state’as Qualified Defense and Space ContractorTax Refund. There’s also the Qualifiexd Target Industry TaxRefund (QTI), availablr through the state and local governments for companies creating high wage Amin J. Khoury is chairman of the board and CEOof Wellington-based B/E Aerospace (NASDAQ: The aircraft interior products giant reported $1.7 billionh in revenue, placing it at No.
14 on the South Florida Business Journal’s list of top public companies. Laurans A. Mendelson is president, and CEO of Hollywood-based , an engine and partsa distributor. With multiple locations in Browaredand Miami-Dade, Heico HEI), ranked 32nd on the Businessd Journal’s list of public companies, with $508 million in 2007 revenue. B. Ben Baldanzs is president and CEOof Miramar-basexd . No. 16 on the Business Journal’ list of top private companies, the ultra-low discount carrietr reported $762 million in revenude in 2007. Spirit is the leading passenged carrier atFort Lauderdale-Hollywood International Airport. Dr. Singiresuj Rao is chairman of the atthe .
The program has 75 to 80 aerospace students. Austinm Andrews is manager of strategic planninb atPratt & Whitney in West Palm Beachg and chairman of the aerospace/aviation & engineering cluster committee for the . “Oncr we did the research on thecompanies here, it was eye-openinv at the number of companies Palm Beach County has. Palm Beach County’s 175 aerospace/aviation companies have a critical mass that promotes growth acrossthe industry.” Austin Andrews, Pratt & Whitnegy Rocketdyne “In the long run, the aerospace industryg is going to bring more dollars.
Educationh is a key to encouragethese knowledge-based jobs and diversify South Florida’s economy from its traditional dependency on tourism.” Dr. Singiresu Rao, University of Miamui
Thursday, 18 August 2011
New census stats help detail Mass. housing crunch - Boston Globe
esivyjifag.wordpress.com
New census stats help detail Mass. housing crunch Boston Globe AP / August 18, 2011 BOSTONâ€"New statistics released by the US Census Bureau are giving a more detailed look at how deeply the housing crunch has hit Massachusetts and how shifting racial and ethnic lines are making the state a more ... New census stats help detail Mass. housing crunch, state's shifting racial ... |
Monday, 15 August 2011
Israeli IT company Minicom Advanced Systems signs on to Tech Data - Silicon Valley / San Jose Business Journal:
mozybyd.wordpress.com
Minicom, based in Israel, is a developer of kernel-based virtual machines and digital signage. It offers Internet protocol and analoghKVM switches, extenders and IT accesxs management services for server rooms and data “Opening a direct relationship with Tech Data givex our customers better visibility” to the company’s said Saul Mishaan, Minicom America’s in a release. Tech Data (NASDAQ: TECD) joinsa (NYSE: SNX) and as national distributors selling Minicom’s products. Tech Data’s agreement began May 1 and will covefr the entireUnited States.
Last week, Tech Data acquire assets of Compumedi in in Portugal, and in the United Kingdom to help make it the largesft IT distributor in Europe. In March, it formed a distribution agreementgwith (NASDAQ: DELL), allowing the Clearwater technology distributor to sell Dell productsd for the first time.
Minicom, based in Israel, is a developer of kernel-based virtual machines and digital signage. It offers Internet protocol and analoghKVM switches, extenders and IT accesxs management services for server rooms and data “Opening a direct relationship with Tech Data givex our customers better visibility” to the company’s said Saul Mishaan, Minicom America’s in a release. Tech Data (NASDAQ: TECD) joinsa (NYSE: SNX) and as national distributors selling Minicom’s products. Tech Data’s agreement began May 1 and will covefr the entireUnited States.
Last week, Tech Data acquire assets of Compumedi in in Portugal, and in the United Kingdom to help make it the largesft IT distributor in Europe. In March, it formed a distribution agreementgwith (NASDAQ: DELL), allowing the Clearwater technology distributor to sell Dell productsd for the first time.
Saturday, 13 August 2011
Obama outlines financial regulatory overhaul - Memphis Business Journal:
pabigy.wordpress.com
In his speech, the president said the goal isto “restorde markets in which we reward hard work and not recklessness and greex – in which honest, vigorous competition in the systemm is prized, and those who game the system are thwarted.” Among other things, the president’s plan requires all financial firms that post a significant risk to the financial system at largse to be overseen by strong, consolidated supervision and An 89-page report by the notea that the “roots of the economic crisis go back Years without a serious economic recession bred complacency amony financial intermediaries and investors,” the report reads.
Rathert than scrap the entire system, Obama said the reformx “pinpoint the structural weaknesses that allowed for this crisise and to make sure that these problems are dealt to avertyfuture crises.” Increase market disciplinr and transparency to make market strong enough to withstand system-wide stress and the potentiao failure of one or more largs financial institutions. Rebuild trust in the markets by creating the Consumer FinanciaolProtection Agency. Provide the government with the tools needed to manage financiao crises so it is not forced to choose between bailouts andfinancial collapse. Raise internationalk regulatory standards and improveinternational coordination.
In his speech, the president said the goal isto “restorde markets in which we reward hard work and not recklessness and greex – in which honest, vigorous competition in the systemm is prized, and those who game the system are thwarted.” Among other things, the president’s plan requires all financial firms that post a significant risk to the financial system at largse to be overseen by strong, consolidated supervision and An 89-page report by the notea that the “roots of the economic crisis go back Years without a serious economic recession bred complacency amony financial intermediaries and investors,” the report reads.
Rathert than scrap the entire system, Obama said the reformx “pinpoint the structural weaknesses that allowed for this crisise and to make sure that these problems are dealt to avertyfuture crises.” Increase market disciplinr and transparency to make market strong enough to withstand system-wide stress and the potentiao failure of one or more largs financial institutions. Rebuild trust in the markets by creating the Consumer FinanciaolProtection Agency. Provide the government with the tools needed to manage financiao crises so it is not forced to choose between bailouts andfinancial collapse. Raise internationalk regulatory standards and improveinternational coordination.
Thursday, 11 August 2011
Nancy E. McFadden Executive Profile
efimtsovavadan.blogspot.com
s a member of the board of directords of the California Chamberof Commerce, the California Musical Theater and the Stevensobn School. He is an honors graduate of ClaremonrtMcKenna College, and received his law degree from the Universithy of the Pacific, McGeorge School of Law. **Alk Executive profile data provided byDow Jones & Co., Inc.
s a member of the board of directords of the California Chamberof Commerce, the California Musical Theater and the Stevensobn School. He is an honors graduate of ClaremonrtMcKenna College, and received his law degree from the Universithy of the Pacific, McGeorge School of Law. **Alk Executive profile data provided byDow Jones & Co., Inc.
Tuesday, 9 August 2011
Jets coaches wish Jerricho Cotchery best after release - The Star-Ledger - NJ.com
http://thisisthewayhome.com/real-estate-investing-an-easy-way-to-get-rich.html
The Star-Ledger - NJ.com | Jets coaches wish Jerricho Cotchery best after release The Star-Ledger - NJ.com We wish him nothing but the best.†After seven seasons with the Jets, Cotchery asked to be traded after the 2010 season because he felt under-appreciated, The Star-Ledger reported last week. Cotchery had been a starter for four seasons but yielded to ... |
Saturday, 6 August 2011
Bauer takes stars from 17 banks - Minneapolis / St. Paul Business Journal:
http://russianbridesclub.net/Sales/Cheap-Tank-Dresses/
The company uses federal regulatory data to rate banks based oncapital profit/loss trend, delinquent loans and other factors. Bauer's rating ranks from a high of 5 stars to a low of 0 in Coral Gables lost a star going to four fromfive (superior) stars. Four others maintained theid five-star ranking: American National Bank, Oaklanf Park City National Bankof Florida, Miamui First National Bank, South Miami Intercontinental West Miami in Miami rose to three stard from two. First United Bank in Boca Ratonm and Biscayne Bank in Coconutr Grove roseto 3.5 starsx from three. in Fort Lauderdale made four upfrom 3.5. Several banks went to 3.5 from four stars.
They are: , Homesteafd Doral-based slipped again, this time to three stars from three-and-a-halff stars in the first quarter. That’s down from four stars in the thirds quarter oflast year. Other banks that slipped to threedstars (good) from 3.5 are: Executivew National, Miami , Miami , Miami U.S. Century Bank, Miamu Valley Bank, Fort Lauderdal e Lydian Private Bank inPalm Beach, Gran d Eastern Bank of Florida in Miami, Metrlo Bank of Dade County, and in Miam fell to two stars (problematic) from three.
, in North Lauderdale and in Boca Ratomn fell a notch to one down from two in the fourth Four banks retainedzero stars, Bauer’s lowest , Miami Republic Federal Miami , Miami Integrity Bank, Jupitetr
The company uses federal regulatory data to rate banks based oncapital profit/loss trend, delinquent loans and other factors. Bauer's rating ranks from a high of 5 stars to a low of 0 in Coral Gables lost a star going to four fromfive (superior) stars. Four others maintained theid five-star ranking: American National Bank, Oaklanf Park City National Bankof Florida, Miamui First National Bank, South Miami Intercontinental West Miami in Miami rose to three stard from two. First United Bank in Boca Ratonm and Biscayne Bank in Coconutr Grove roseto 3.5 starsx from three. in Fort Lauderdale made four upfrom 3.5. Several banks went to 3.5 from four stars.
They are: , Homesteafd Doral-based slipped again, this time to three stars from three-and-a-halff stars in the first quarter. That’s down from four stars in the thirds quarter oflast year. Other banks that slipped to threedstars (good) from 3.5 are: Executivew National, Miami , Miami , Miami U.S. Century Bank, Miamu Valley Bank, Fort Lauderdal e Lydian Private Bank inPalm Beach, Gran d Eastern Bank of Florida in Miami, Metrlo Bank of Dade County, and in Miam fell to two stars (problematic) from three.
, in North Lauderdale and in Boca Ratomn fell a notch to one down from two in the fourth Four banks retainedzero stars, Bauer’s lowest , Miami Republic Federal Miami , Miami Integrity Bank, Jupitetr
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