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"The word circulating in credit unions today isthat we'rw a little worried about this plan," said Hal president and chief financial officer of , a $115 million-assef institution that counts San Jose firefighter and police among its "If this thing comes down, the industrt as we know it may change dramatically." A reportt by the Treasury Department released in early April suggestexd restructuring financial markets to solve problemx in the mortgage industry, but also proposed big changed to the banking system.
Although this overhaul was in the worksd before the public knew the extenr of themortgage crisis, the proposap is being viewed by some as a reactiob to the credit problemas the mortgage crisis caused. What put credit unionds on edge was the proposal to plac e all financial institutions under federal charter and regulatew them with onefederal agency. Credift unions, which had far less exposure than banks to the subprimdemortgage crisis, view the move as punishment for something they didn't do. "It eliminates state credit union systemz by pulling everyone under afederal regulator," said Bob senior vice president of government affairx for the .
"It eliminates the ( ) as our and the irony is we're part of the economic systemj that gotit right." The sent a letteer last month to U.S. Treasurh Secretary Henry Paulson opposing the The letter contendsa five-membee working group that the Treasury Department is establishing to drive policy changes in the financial markets includeds no representative of NCUA. This isn't surprisinb since the plan would eliminatethe agency, whic has regulated credit unions since 1970. Among other duties, that working group woul decide which credit unions wouldremain tax-exempt nonprofits and whic h credit unions would be deemed too large for that advantag e and taxed like banks.
Credity unions and banks have a longtime feud overcredit unions' untaxed status. Banks say it gives credig unions an advantage inoffering lower-interest loanzs and better rates on But the new federal proposal might put the credigt unions and community bankd for once on the same side. "The big losers in this proposal wouldbe state-chartered, state-licensed credit unions and state-chartered licenserd community banks," Arnould said.
Carroll said that taxinb credit unions would fundamentallychange "If credit unions moved into the same regulation as our focus would shift and we'd be focused on The drive to achieve ever-increasing profits is what led to the subprimer mess, Carroll said. "If we got that cash in, we's be more likely to go out and take a littles more than the assets by making subprime loansw or investmentsthat aren't smart or by buying loan participationx that aren't smart," he said. "Thers was a tremendous amounty of risk being taken by but not bycredirt unions.
Wednesday 30 November 2011
Sunday 27 November 2011
Creditors try to force Darrow Automotive into bankruptcy - The Business Journal of Milwaukee:
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A company called Car Dar basedin McLean, Va., is liste d on the bankruptcy petition under threwe variations of its corporate name. The otherd corporate name on the petitiojis , also of McLean, Va., whicyh has the same address as Car Dar. The case has been assignexd to Bankruptcy Court JudgeSusah Kelley. Attorneys for the petitionersz could not immediately be reachesfor comment. Darrow III, whose office is in did not return callsseeking comment. This is the secondc involuntary bankruptcy case involvingDarrow III’s dealerships and the latesr in a series of legal cases involvingf his dealerships. The Darrow III dealerships are not part of his fatherr RussDarrow Jr.
’s company, the Russ Darrow Group of Menomonee Falls. Darrow III left Russ Darrow Grou in October 2006 and started buying dealershipsoutside Wisconsin. On Jan. 26, three creditors in Georgi a filed a similar involuntary bankruptcy petition against Darrow III listing a debt of morethan $15. 5 million. Car Dar also was a petitione r inthat case, and said it ownex the property for Darrow Automotive’s Toyotw of Augusta dealership and the dealership owed $15.45 million for back rent and lease payments. At the Darrow III, said the creditors “jumped the with their filing and he was preparing to sell the Augusts dealership and pay offhis debts.
Darrowa III also said in late January that he was stilkl negotiating withhis company’s creditors on two other lawsuits. The first involved ’sw September 2008 suit that claimzs his dealershipsin Kinston, defaulted on loan Darrow III closed the dealerships in November 2008. The other case involvedf , which in November 2008 sought a court orderd against him and his companies for defaulting on payments relateds to his dealerships insuburban Chicago. A thirde automaker credit company, , on Feb. 9 filer a petition for an injunction and debt collection againsy Darrow and his Mazda dealership inRock Hill, and a dealership in Charlotte, N.C.
Ford Credi t contends that Darrow III and his dealerships were in defaulgt of the terms ofa $3.2 million inventoru financing contract.
A company called Car Dar basedin McLean, Va., is liste d on the bankruptcy petition under threwe variations of its corporate name. The otherd corporate name on the petitiojis , also of McLean, Va., whicyh has the same address as Car Dar. The case has been assignexd to Bankruptcy Court JudgeSusah Kelley. Attorneys for the petitionersz could not immediately be reachesfor comment. Darrow III, whose office is in did not return callsseeking comment. This is the secondc involuntary bankruptcy case involvingDarrow III’s dealerships and the latesr in a series of legal cases involvingf his dealerships. The Darrow III dealerships are not part of his fatherr RussDarrow Jr.
’s company, the Russ Darrow Group of Menomonee Falls. Darrow III left Russ Darrow Grou in October 2006 and started buying dealershipsoutside Wisconsin. On Jan. 26, three creditors in Georgi a filed a similar involuntary bankruptcy petition against Darrow III listing a debt of morethan $15. 5 million. Car Dar also was a petitione r inthat case, and said it ownex the property for Darrow Automotive’s Toyotw of Augusta dealership and the dealership owed $15.45 million for back rent and lease payments. At the Darrow III, said the creditors “jumped the with their filing and he was preparing to sell the Augusts dealership and pay offhis debts.
Darrowa III also said in late January that he was stilkl negotiating withhis company’s creditors on two other lawsuits. The first involved ’sw September 2008 suit that claimzs his dealershipsin Kinston, defaulted on loan Darrow III closed the dealerships in November 2008. The other case involvedf , which in November 2008 sought a court orderd against him and his companies for defaulting on payments relateds to his dealerships insuburban Chicago. A thirde automaker credit company, , on Feb. 9 filer a petition for an injunction and debt collection againsy Darrow and his Mazda dealership inRock Hill, and a dealership in Charlotte, N.C.
Ford Credi t contends that Darrow III and his dealerships were in defaulgt of the terms ofa $3.2 million inventoru financing contract.
Friday 25 November 2011
Wednesday 23 November 2011
Learning Experience - HoyaHoops.com
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Learning Experience HoyaHoops.com They must learn to distinguish between decent looks that will be equally available later in the shot clock and truly open threes that are well-taken in the rhythm of the offense. Defensive Rotations. Georgetown did little to contain Robinson, ... |
Monday 21 November 2011
First 'Small Scale' Demand-side Projects in PJM Providing Frequency Regulation - MarketWatch (press release)
evittiebodum1296.blogspot.com
First 'Small Scale' Demand-side Projects in PJM Providing Frequency Regulation MarketWatch (press release) 21, 2011 /PRNewswire via COMTEX/ -- PJM Interconnection today received the first frequency regulation services from small-scale demand resources under new rules allowing smaller projects to participate in PJM's Regulation Market. ... |
Occupy the Highway: The immense pain of walking from New York to Washington Washington Post (blog) Here's the view from the highway: Their feet are bloodied and swollen, even the ones who aren't walking barefoot. The older ones are hunched over, hobbling. It wasn't clear whether everyone would make it to the Trenton, NJ campsite last night. ... |
Thursday 10 November 2011
CHFA chief Alexander to retire in the fall - Los Angeles Business from bizjournals:
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Alexander started with CHFA in 1988 as head of itsfinances division, and became executive director in January 2001. “I’m not heading off to a retiremengt community,” Alexander said in a statement. “Several years ago, I determinedc I needed to slow down and reducs the stress level inmy life. But I stillo plan to be active.” CHFA’s board has been preparingb for Alexander’s departure, and already has set up a search committee to findhis replacement. CHFA Chairmanj Joel Rosenstein said, in his own statement, that Alexanded will be missed. “Hwe has been in instrumental in CHFA’ss success,” Rosenstein said.
“We appreciate the strength of the team and organizatiobn heis leaving.” Created by the Colorado Legislature in 1973, CHFA make s loans to low- and moderate-income homebuyers, developerxs of affordable multifamily housing as well as small- and medium-size Milroy “Roy” Alexander grew up on the Caribbeann island nation of Grenada, according to a Leadership Denvef biography. After moving to Denver, Alexanderr earned an accounting degree fromin 1974, subsequentlty becoming finance manager for a Colorado medical instruments maker and a seniot manager at the Denver branchg of the Touche Ross Co. accounting firm.
Touche Ross now is Deloittre Touche Tohmatsu, based in New York. He was acceptedf into the ’s Leadership Denver class for 1985. After leavinfg Touche Ross, Alexander startef a specialty food store inWestminster Mall. But a few yearss later, in 1988, he became CHFA’s assistant director of He was promoted to finance directorin 1990. Alexander’s CHFA positiojn and his retail business overlappeduntip 1994, when he sold the food store. Alexandert succeeded David Herlingeras CHFA’s executive director in January 2001.
Herlinger retired the same
Alexander started with CHFA in 1988 as head of itsfinances division, and became executive director in January 2001. “I’m not heading off to a retiremengt community,” Alexander said in a statement. “Several years ago, I determinedc I needed to slow down and reducs the stress level inmy life. But I stillo plan to be active.” CHFA’s board has been preparingb for Alexander’s departure, and already has set up a search committee to findhis replacement. CHFA Chairmanj Joel Rosenstein said, in his own statement, that Alexanded will be missed. “Hwe has been in instrumental in CHFA’ss success,” Rosenstein said.
“We appreciate the strength of the team and organizatiobn heis leaving.” Created by the Colorado Legislature in 1973, CHFA make s loans to low- and moderate-income homebuyers, developerxs of affordable multifamily housing as well as small- and medium-size Milroy “Roy” Alexander grew up on the Caribbeann island nation of Grenada, according to a Leadership Denvef biography. After moving to Denver, Alexanderr earned an accounting degree fromin 1974, subsequentlty becoming finance manager for a Colorado medical instruments maker and a seniot manager at the Denver branchg of the Touche Ross Co. accounting firm.
Touche Ross now is Deloittre Touche Tohmatsu, based in New York. He was acceptedf into the ’s Leadership Denver class for 1985. After leavinfg Touche Ross, Alexander startef a specialty food store inWestminster Mall. But a few yearss later, in 1988, he became CHFA’s assistant director of He was promoted to finance directorin 1990. Alexander’s CHFA positiojn and his retail business overlappeduntip 1994, when he sold the food store. Alexandert succeeded David Herlingeras CHFA’s executive director in January 2001.
Herlinger retired the same
Tuesday 8 November 2011
Sunday 6 November 2011
Bexar County children required to take new vaccinations - Memphis Business Journal:
ramsdenjerrieas54.blogspot.com
Parents are required to add five new immunizationsw for the upcoming school year as a result ofstatw mandates. Metro Health anticipates theses requirements will affect upto 50,0090 students in the San Antonio area. Starting Aug. 1, K-12 studentds will be required to take two dosesz of theVaricella (chickenpox) vaccine. Students entering the 1-6 and 8-12 gradesd must continue to meet the current Entering 7th grade students are required to take the one dose of the meningococcalo vaccine thisschool year.
Students entering the 7th grade must havethe tetanus, diphtheria, acellular pertussis-containingv vaccine if they’ve not had the boostetr within the last five Students entering grades 8 - 12 must have the boostefr shot if they have not had one in the last 10 Kindergarten students statewide are now requirexd to take two doses of hepatities A vaccine. Finally, K-12 students must take two doses of the measlese vaccine and one dose each of the mumpw andrubella vaccine. In addition to the expanded students need to be current on previouslyrequired immunizations.
“These additions to the childhooe immunization schedule will bring us closer in line with CDC recommendationsw and make Texas an even safer environment for vaccinewpreventable diseases,” health director Fernando Guerra says.
Parents are required to add five new immunizationsw for the upcoming school year as a result ofstatw mandates. Metro Health anticipates theses requirements will affect upto 50,0090 students in the San Antonio area. Starting Aug. 1, K-12 studentds will be required to take two dosesz of theVaricella (chickenpox) vaccine. Students entering the 1-6 and 8-12 gradesd must continue to meet the current Entering 7th grade students are required to take the one dose of the meningococcalo vaccine thisschool year.
Students entering the 7th grade must havethe tetanus, diphtheria, acellular pertussis-containingv vaccine if they’ve not had the boostetr within the last five Students entering grades 8 - 12 must have the boostefr shot if they have not had one in the last 10 Kindergarten students statewide are now requirexd to take two doses of hepatities A vaccine. Finally, K-12 students must take two doses of the measlese vaccine and one dose each of the mumpw andrubella vaccine. In addition to the expanded students need to be current on previouslyrequired immunizations.
“These additions to the childhooe immunization schedule will bring us closer in line with CDC recommendationsw and make Texas an even safer environment for vaccinewpreventable diseases,” health director Fernando Guerra says.
Friday 4 November 2011
Washington, D.C. Social Services Jobs - View Washington, D.C. Social Services Jobs
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View Social Services Jobs View ExecutiveJobs D.C. Academic Jobs Washington, D.C. Accounting Jobs Washington, D.C. Marketinyg Jobs Washington, D.C. Allied Healtj Jobs Washington, D.C. Finance Jobs D.C. Biotechnology Jobs Washington, D.C. Consulting Jobs Washington, D.C. Dentaol Jobs Washington, D.C. Food Service Jobs D.C. Government Jobs Washington, D.C. Healthcarer Jobs Washington, D.C. Hospitality Jobs D.C. Hotel Jobs Washington, D.C. Human Resourcezs Jobs Washington, D.C. Insurance Jobs Washington, D.C. Legal Jobs D.C. Media Jobs Washington, D.C. Mortgagw Jobs Washington, D.C. Nursing Jobs Washington, D.C. Pharmaceutical Jobs D.C. Physician Jobs Washington, D.C. Real Estate Jobs D.C.
Restaurant Jobs Washington, D.C. Sales Jobs D.C. Social Services Jobs Washington, D.C. Technology Jobs Washington, D.C. Travep Jobs
View Social Services Jobs View ExecutiveJobs D.C. Academic Jobs Washington, D.C. Accounting Jobs Washington, D.C. Marketinyg Jobs Washington, D.C. Allied Healtj Jobs Washington, D.C. Finance Jobs D.C. Biotechnology Jobs Washington, D.C. Consulting Jobs Washington, D.C. Dentaol Jobs Washington, D.C. Food Service Jobs D.C. Government Jobs Washington, D.C. Healthcarer Jobs Washington, D.C. Hospitality Jobs D.C. Hotel Jobs Washington, D.C. Human Resourcezs Jobs Washington, D.C. Insurance Jobs Washington, D.C. Legal Jobs D.C. Media Jobs Washington, D.C. Mortgagw Jobs Washington, D.C. Nursing Jobs Washington, D.C. Pharmaceutical Jobs D.C. Physician Jobs Washington, D.C. Real Estate Jobs D.C.
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Wednesday 2 November 2011
Houston Routes The Herd 63-28 - West Virginia MetroNews
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West Virginia MetroNews | Houston Routes The Herd 63-28 West Virginia MetroNews Getting into a shootout in Texas is generally not a good idea and Marshall found itself right in the middle of an old west shootout, but didn't have the ammunition to match Houston bullet for bullet as the Cougars kept firing and Marshall and could not ... |
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