Business 2 Community | Marketing's Top Priority Is Not Lead-Gen Huffington Post The following is my second inst » |
Wednesday, October 31, 2012
Marketing's Top Priority Is Not Lead-Gen - Huffington Post
awipekyhila.blogspot.com
Tuesday, October 30, 2012
Superstorm Sandy Liveblog: Moving slowly, still a big storm - Christian Science Monitor
adamovaichive.blogspot.com
The Hindu | Superstorm Sandy Liveblog: Moving slowly, still a big storm Christian Science Monitor The center of Sandy is moving at about 15 mph through western Pennsylvania in a west-northwesterly direction, and slowing. It is expected to turn north into western New York state tonight and into Canada on Wednesday. The National Hurricane Center is ... < p size="-1">Sandy Moving Toward Landf » |
Monday, October 29, 2012
Focus on best outcome for patients when considering NHS finances - Herald Scotland
proklofuxaanygez.blogspot.com
Focus on best outcome for patients when considering NHS finances Herald Scotland Simply put, the right medicine for the right patient leads to the best patient outcomes, which in the long term will help to reduce the frequency and severity of complications, thus reducing the future burden of care on NHSScotland. Also, you mention ... |
Saturday, October 27, 2012
Ross' $55M play would resurrect ITG unit - The Business Journal of the Greater Triad Area:
karnergetajequ1416.blogspot.com
The proposed transaction would put Global Safett Textileson "stable footing" and allowq it to continue serving its auto manufacturing customerx around the world, the announcement Global Safety Textiles filed for Chapte r 11 bankruptcy on June 30. It is based in Greensboro alongwith ITG, but its manufacturing facilitiess are in Cordova, between Charlott e and Fayetteville, and also in South Hill, Va., and Calif. The unit has 217 totalk employees. Under the proposed Ross wouldinvest $55 million in a new entithy to acquire the assets of Global Safetg Textiles and its subsidiaries.
That cash injection woul give the newcompany "one of the well-capitalized balance sheets in the automotiv e industry" and allow for expansions in Europe, the America and China. The deal woulc have to be approver by lenders and thebankruptcy court. Ross' investment firm is also preparer to providea $25 million loan to the compan to finance operations until the sale is
The proposed transaction would put Global Safett Textileson "stable footing" and allowq it to continue serving its auto manufacturing customerx around the world, the announcement Global Safety Textiles filed for Chapte r 11 bankruptcy on June 30. It is based in Greensboro alongwith ITG, but its manufacturing facilitiess are in Cordova, between Charlott e and Fayetteville, and also in South Hill, Va., and Calif. The unit has 217 totalk employees. Under the proposed Ross wouldinvest $55 million in a new entithy to acquire the assets of Global Safetg Textiles and its subsidiaries.
That cash injection woul give the newcompany "one of the well-capitalized balance sheets in the automotiv e industry" and allow for expansions in Europe, the America and China. The deal woulc have to be approver by lenders and thebankruptcy court. Ross' investment firm is also preparer to providea $25 million loan to the compan to finance operations until the sale is
Friday, October 26, 2012
Education funding still falls short despite federal stimulus infusion - Business First of Louisville:
lehoquvuhu.wordpress.com
That was the sentiment of an eight-member panek of education, training and government expertd gathered by the Soutu Florida Business Journal to examine howthe $787 billion federa stimulus package is impacting the region’ds education and workforce training The panel marked the thire in the Business Journal’s ongoing stimulus series, aimedf at tracking and analyzing the flow of moneyh from the American Recovery and Reinvestment Act into South Florida’s Legislature was the only one nationall y to request a federal waiver that allowed it to take moneyg from education and replace it with stimulus dollars while other states used stimulus dollars to augment the budget.
The situatio concerned paneliststate Sen. Eleanor Sobel. “We are not starting at the starting line. The school district in Broward County and those throughout the state are startin behind thestarting line,” Sobel said. “They have had problems for yearz and they areall scrambling.” Veteran educato r Robert Parks, a member of the Broward County Schook Board, said, “Many of the large urban districts in the natio are afraid of one which is basically a bait and switch with thoswe dollars.” What’s even more worrisome to some experts is that the stimuluds money will eventually run out.
“I’ m really concerned about in three years; what’s going to said José Vicente, president of ’s North Campus. “Thi is a Band-Aid.” He said the college’s operating budgety was cut $22 million while the stimulu s money wasonly $13 million. Parkss said Broward County’s school system has cut $1.4 billionm from its construction budget in addition to furloughing 700 teachere and51 administrators. “We’ve closedf all of our school offices forthe summer. We don’t have summerr school anymore,” Parks said.
would have been looking at cuttinv its budget byabout $30 million without $12 million in stimulus funds, said Dorothy K. the university’s associate VP for financiap affairs and budget The university cut 30 positionsand “had we not had the stimuluxs dollars it could have been much more George Hanbury, executive VP and COO of , said the $1.3 billio n in stimulus funds given to the state relieved pressurde on the Legislature to further reducd support for Florida Resident Access Grants (FRAG), a key sources of money for but he pointed out that the grants used to be $3,000 a year for studentsz and are now $2,529.
The amount is important to students, who find enrollment caps at state universitiesz and turn to NSU and otherprivatd institutions. He also said that universities are workinb together to apply for federaolstimulus funding. NSU has a collaborative proposa l with and FAU fora $50 million research building with wet labs, businessw incubator space and offices for the U.S. Geologicalk Survey, which is helping oversee Evergladew restoration. “We have shovel-ready projects we have submittexd to the Governor and in the next 60 days we coulxput 1,000 people to work,” Hanburh said. The competition for these typesof projects, is fierce.
FAU is getting about $12 million in direct infusionj from the federalstimulus package, but the university also is seekinhg money from the for labs and Russell said. April was the month to submirt applications and the results are expected by The strongest flowof money, so far, appears to be for programes that help the jobless as the state’s unemployment rate has hit 10.2
That was the sentiment of an eight-member panek of education, training and government expertd gathered by the Soutu Florida Business Journal to examine howthe $787 billion federa stimulus package is impacting the region’ds education and workforce training The panel marked the thire in the Business Journal’s ongoing stimulus series, aimedf at tracking and analyzing the flow of moneyh from the American Recovery and Reinvestment Act into South Florida’s Legislature was the only one nationall y to request a federal waiver that allowed it to take moneyg from education and replace it with stimulus dollars while other states used stimulus dollars to augment the budget.
The situatio concerned paneliststate Sen. Eleanor Sobel. “We are not starting at the starting line. The school district in Broward County and those throughout the state are startin behind thestarting line,” Sobel said. “They have had problems for yearz and they areall scrambling.” Veteran educato r Robert Parks, a member of the Broward County Schook Board, said, “Many of the large urban districts in the natio are afraid of one which is basically a bait and switch with thoswe dollars.” What’s even more worrisome to some experts is that the stimuluds money will eventually run out.
“I’ m really concerned about in three years; what’s going to said José Vicente, president of ’s North Campus. “Thi is a Band-Aid.” He said the college’s operating budgety was cut $22 million while the stimulu s money wasonly $13 million. Parkss said Broward County’s school system has cut $1.4 billionm from its construction budget in addition to furloughing 700 teachere and51 administrators. “We’ve closedf all of our school offices forthe summer. We don’t have summerr school anymore,” Parks said.
would have been looking at cuttinv its budget byabout $30 million without $12 million in stimulus funds, said Dorothy K. the university’s associate VP for financiap affairs and budget The university cut 30 positionsand “had we not had the stimuluxs dollars it could have been much more George Hanbury, executive VP and COO of , said the $1.3 billio n in stimulus funds given to the state relieved pressurde on the Legislature to further reducd support for Florida Resident Access Grants (FRAG), a key sources of money for but he pointed out that the grants used to be $3,000 a year for studentsz and are now $2,529.
The amount is important to students, who find enrollment caps at state universitiesz and turn to NSU and otherprivatd institutions. He also said that universities are workinb together to apply for federaolstimulus funding. NSU has a collaborative proposa l with and FAU fora $50 million research building with wet labs, businessw incubator space and offices for the U.S. Geologicalk Survey, which is helping oversee Evergladew restoration. “We have shovel-ready projects we have submittexd to the Governor and in the next 60 days we coulxput 1,000 people to work,” Hanburh said. The competition for these typesof projects, is fierce.
FAU is getting about $12 million in direct infusionj from the federalstimulus package, but the university also is seekinhg money from the for labs and Russell said. April was the month to submirt applications and the results are expected by The strongest flowof money, so far, appears to be for programes that help the jobless as the state’s unemployment rate has hit 10.2
Wednesday, October 24, 2012
Tenn. gets $11.9M for career training - Nashville Business Journal:
authors-morphology.blogspot.com
Tennessee is receiving $11.9 million of the trade adjusted assistancefunding (TAA), a release says. Of that, more than $10 million is designated for worker training, and $1.8 millionm is slated for employment and case management servicezsand administration. “Workers around the nationh continue to see their jobs disappeaer as a direct result of increased imports andcompetitive trade,” says Secretary of Labor Hilda L. Solis in a release. “The funding ... will help more of these workers upgrade existing skills or retrain for new careers in industriese that have the potential to grow in the coming monthasand years.
” The Americabn Recovery and Reinvestment Act of 2009 includes a major expansion and reform of the TAA program. The goal is to ensurde all U.S. workers negativelyh affected by trade havethe skills, resourcesd and support to gain new employment. The Recoveryu Act authorized an increase in the maximumj amount of TAA funds that may be used for training nationwidefrom $220 million to $575
Tennessee is receiving $11.9 million of the trade adjusted assistancefunding (TAA), a release says. Of that, more than $10 million is designated for worker training, and $1.8 millionm is slated for employment and case management servicezsand administration. “Workers around the nationh continue to see their jobs disappeaer as a direct result of increased imports andcompetitive trade,” says Secretary of Labor Hilda L. Solis in a release. “The funding ... will help more of these workers upgrade existing skills or retrain for new careers in industriese that have the potential to grow in the coming monthasand years.
” The Americabn Recovery and Reinvestment Act of 2009 includes a major expansion and reform of the TAA program. The goal is to ensurde all U.S. workers negativelyh affected by trade havethe skills, resourcesd and support to gain new employment. The Recoveryu Act authorized an increase in the maximumj amount of TAA funds that may be used for training nationwidefrom $220 million to $575
Tuesday, October 23, 2012
Harley-Davidson seeks LEED certification for new Southaven, Miss., dealership - Memphis Business Journal:
disadvantage-unlimited.blogspot.com
dealership, which would make it the first Harley-Davidsonh dealership in the South and seconds in the country to beLEED certified. The 54,000-square-foot dealership incorporates sustainable design and will include a high efficiency HVAC syste mand low-flow water fixtures. Preference will be given to productas that contain a high recycled content and are manufactures near theconstruction site. The new facilityg will also have an outdoodr stage area for concertsand events, whicgh will maximize outdoor space, facility functionality and increase marketinhg opportunities. It was designes by and is being built by Lisa Rossmeyer owner of Southern Thunder hiredLittle Rock, Ark.
-based , a sustainability consulting firm, to provide coordination of the LEED certification process. "As a businesss owner, building ‘green’ was a social and bottonm line decision,” Rossmeyer Wade said in a statement. “Wre strive to provide exceptional customer service and I saw the LEED proceses as an extension ofthis goal. This LEED project will alloq us to offer our staff and customersea unique, safe and comfortable environmentf in which to do business, lower our carbon footprint and achieve cost savings benefiting our bottoj line.
”
dealership, which would make it the first Harley-Davidsonh dealership in the South and seconds in the country to beLEED certified. The 54,000-square-foot dealership incorporates sustainable design and will include a high efficiency HVAC syste mand low-flow water fixtures. Preference will be given to productas that contain a high recycled content and are manufactures near theconstruction site. The new facilityg will also have an outdoodr stage area for concertsand events, whicgh will maximize outdoor space, facility functionality and increase marketinhg opportunities. It was designes by and is being built by Lisa Rossmeyer owner of Southern Thunder hiredLittle Rock, Ark.
-based , a sustainability consulting firm, to provide coordination of the LEED certification process. "As a businesss owner, building ‘green’ was a social and bottonm line decision,” Rossmeyer Wade said in a statement. “Wre strive to provide exceptional customer service and I saw the LEED proceses as an extension ofthis goal. This LEED project will alloq us to offer our staff and customersea unique, safe and comfortable environmentf in which to do business, lower our carbon footprint and achieve cost savings benefiting our bottoj line.
”
Monday, October 22, 2012
UC Davis settles women
iqukikofor.wordpress.com
UC Davis and plaintiffs Kelsey Jessica Bulala and Laura Ludwig settled the lawsuit that was fileds twoyears ago, and was certifiedd as a class action in October. The settlement establishesw a set of standards for female participation ratex in varsity sports at UC Davis and providex additional financial support for club sportsa atthe university, a news releasde said. The settlement must be approved bythe U.S. Districtr Court in Sacramento after members of the class have been notifiedd of thespecific terms. Brust and Bulala playedx club field hockey. Ludwig had wrestling experience and played club They brought suit in July 2007 under the 1972Patsgy T.
Mink Equal Opportunity in Education Act, also know n as Title IX. The settlementt creates a 10-year plan for UC Davis to reach specific proportions of male and female athletes bythe 2019-29 school year. The university will either add women’se intercollegiate teams or will take other stepsd to ensure equal accommodation of student interest in varsity UC Davis has also agreed tocontributed $110,000 to a fund for the developmentt of club sports. The case was schedulex to go to trialin October.
“UC David has a solid history of commitment to its femalse athletes and coaches and to expanding opportunities for womenh incompetitive sports,” Greg UC Davis athletics director, said in the release. “Whils the parties have a differenced in opinion about whether litigationwas we’re pleased that we have reached an outcome that benefits both “We are thrilled,” Ludwig said in the release. “Itg feels good to have the university’s support for women’ s athletics through this resolution.
We are proud to have come up with a result that will benefit Davis for years to It will create more opportunities for women to participate in the sportds thatthey love.” During the litigation, UC Davix created an open application process and selectes women’s field hockey as a new intercollegiate to join the 14 other women’s varsith teams at UC A team has been selected, and competitio will start in the fall. “Th e time frames set out in the settlement maximize the potentiaol to add varsity opportunities for women in the Warzecka said inthe release.
“We are continually trying to maintaimn our compliance efforts to give women athletes the very best accessx to intercollegiate athleticscompetition possible.” Establishing field hockey as a women’s intercollegiate sport at the Brust said, “will allow field hockey players to contribute at even a higheer level to the campus, and will provide incredible opportunities for many youngb women.” Noreen Farrell of Equal Rights Advocatesa represented the plaintiffs with Monique Oliviefr of the Sturdevant Law Firm and Kristinb Galles of Equity “When we give women a fair share of athletic opportunities, we are developing leaders on and off the Farrell said.
UC Davis and plaintiffs Kelsey Jessica Bulala and Laura Ludwig settled the lawsuit that was fileds twoyears ago, and was certifiedd as a class action in October. The settlement establishesw a set of standards for female participation ratex in varsity sports at UC Davis and providex additional financial support for club sportsa atthe university, a news releasde said. The settlement must be approved bythe U.S. Districtr Court in Sacramento after members of the class have been notifiedd of thespecific terms. Brust and Bulala playedx club field hockey. Ludwig had wrestling experience and played club They brought suit in July 2007 under the 1972Patsgy T.
Mink Equal Opportunity in Education Act, also know n as Title IX. The settlementt creates a 10-year plan for UC Davis to reach specific proportions of male and female athletes bythe 2019-29 school year. The university will either add women’se intercollegiate teams or will take other stepsd to ensure equal accommodation of student interest in varsity UC Davis has also agreed tocontributed $110,000 to a fund for the developmentt of club sports. The case was schedulex to go to trialin October.
“UC David has a solid history of commitment to its femalse athletes and coaches and to expanding opportunities for womenh incompetitive sports,” Greg UC Davis athletics director, said in the release. “Whils the parties have a differenced in opinion about whether litigationwas we’re pleased that we have reached an outcome that benefits both “We are thrilled,” Ludwig said in the release. “Itg feels good to have the university’s support for women’ s athletics through this resolution.
We are proud to have come up with a result that will benefit Davis for years to It will create more opportunities for women to participate in the sportds thatthey love.” During the litigation, UC Davix created an open application process and selectes women’s field hockey as a new intercollegiate to join the 14 other women’s varsith teams at UC A team has been selected, and competitio will start in the fall. “Th e time frames set out in the settlement maximize the potentiaol to add varsity opportunities for women in the Warzecka said inthe release.
“We are continually trying to maintaimn our compliance efforts to give women athletes the very best accessx to intercollegiate athleticscompetition possible.” Establishing field hockey as a women’s intercollegiate sport at the Brust said, “will allow field hockey players to contribute at even a higheer level to the campus, and will provide incredible opportunities for many youngb women.” Noreen Farrell of Equal Rights Advocatesa represented the plaintiffs with Monique Oliviefr of the Sturdevant Law Firm and Kristinb Galles of Equity “When we give women a fair share of athletic opportunities, we are developing leaders on and off the Farrell said.
Saturday, October 20, 2012
Magazine honors The Children's Hospital - Pacific Business News (Honolulu):
plesciamipukoa1855.blogspot.com
The hospital qualified for the magazine’s “Honor in its 2009 edition of America’s Best Children’s The Honor Roll is reserved for hospital s that achieved ranking in all surveyed specialty areaz covered by the monthltnews publication. Children’s ranked in the top 10 in six specialtgy areas, including cancer (No. 10), diabetesa and endocrine disorders (No. 10), digestive disorders (No. 5), neonatal care (No. 8), orthopedics (No. 8) and respiratory disorders (No. 5). Last year, Children’sd was ranked No. 7 overall among the nation’e pediatric hospitals. In 2007, it finished at No. 4.
Because of a change in how the reporfwas compiled, there was no general numerical ranking this
The hospital qualified for the magazine’s “Honor in its 2009 edition of America’s Best Children’s The Honor Roll is reserved for hospital s that achieved ranking in all surveyed specialty areaz covered by the monthltnews publication. Children’s ranked in the top 10 in six specialtgy areas, including cancer (No. 10), diabetesa and endocrine disorders (No. 10), digestive disorders (No. 5), neonatal care (No. 8), orthopedics (No. 8) and respiratory disorders (No. 5). Last year, Children’sd was ranked No. 7 overall among the nation’e pediatric hospitals. In 2007, it finished at No. 4.
Because of a change in how the reporfwas compiled, there was no general numerical ranking this
Friday, October 19, 2012
'Merlin' 5×04 'Another's Sorrow' episode description: Princess Mithian returns - Hypable
xotavaloso.blogspot.com
'Merlin' 5×04 'Another's Sorrow' episode description: Princess Mithian returns Hypable Read the description of next week's Merlin episode, “Another's Sorrow,†in which Morgana casts a spell on Camelot and Janet Montgomery returns as Mithian. BBC has released the following statement about the episode airing Saturday, October 27 at 8:20 ... |
Thursday, October 18, 2012
State: Local facilities received meds from meningitis-linked company - Daytona Beach News-Journal
bengeyqafiba1640.blogspot.com
Times LIVE | State: Local facilities received meds from meningitis-linked company Daytona Beach News-Journal Six health care facilities in Volusia and Flagler counties received medication from a manufacturer linked to an outbreak of fungal meningitis associated with steroid injections, according to the Florida Department of Health. Health officials are ur ging ... H&W identifies nine Idaho medical facilities that got suspect drugs, includes ... List: Florida facilities that received NECC medications Medication rec » |
Tuesday, October 16, 2012
CPS signs solar power agreement - Sacramento Business Journal:
guronelogoh.blogspot.com
The 27-megawatt solar project known as Western Ranch is being developefdby Houston-based using the SunCatcher power system manufactured by its sister company, Stirling Energy Systems. This will be the first Texas project forTessera Solar, which currently has 1,5009 megawatts of projects in California situatee in Imperial Valley and the Mojave “This marks our first purchasw of solar-generated energy, and we look for it to be the starrt of a successful solar progran for many years to come,” says CPS Energy CEO Milton B. Lee. “Soladr will complement our diversified approacgh toproducing electricity.
We look forwar to working with Tessera to help satisfy our electric needs in GreaterSan Antonio.” CPS announced last summer its commitment to pursue up to 100 megawattsz of resource capacity from solard energy. The Western Ranch Solar project is expected to break ground in summer 2010 with the firs t units expected to come online by the endof 2010. The projec t will be comprisedof 1,080 SunCatche dishes and will create an estimated 100 construction jobs and up to 20 permanentf jobs. CPS Energy of San Antonio is the nation’s largest municipall owned energy company providing both natural gas andelectricx service.
The 27-megawatt solar project known as Western Ranch is being developefdby Houston-based using the SunCatcher power system manufactured by its sister company, Stirling Energy Systems. This will be the first Texas project forTessera Solar, which currently has 1,5009 megawatts of projects in California situatee in Imperial Valley and the Mojave “This marks our first purchasw of solar-generated energy, and we look for it to be the starrt of a successful solar progran for many years to come,” says CPS Energy CEO Milton B. Lee. “Soladr will complement our diversified approacgh toproducing electricity.
We look forwar to working with Tessera to help satisfy our electric needs in GreaterSan Antonio.” CPS announced last summer its commitment to pursue up to 100 megawattsz of resource capacity from solard energy. The Western Ranch Solar project is expected to break ground in summer 2010 with the firs t units expected to come online by the endof 2010. The projec t will be comprisedof 1,080 SunCatche dishes and will create an estimated 100 construction jobs and up to 20 permanentf jobs. CPS Energy of San Antonio is the nation’s largest municipall owned energy company providing both natural gas andelectricx service.
Monday, October 15, 2012
Lewis: Feds pressured BofA on Merrill - St. Louis Business Journal:
ethelbertdiya3334.blogspot.com
But some lawmakers questioned how much of the pressures was actually made by Lewis in an attemp t to secure more taxpayer aid forhis “The Treasury Department provide $20 billion for a shotgun wedding. But the question is, who was holding the shotgun?” Rep. Edolphus Towns (D-Neww York) said during the hearing. The hearing, conductedr by the House Committee on Oversightg andGovernment Reform, was focused on federal role in BofA’s purchase of Merrill Charlotte-based BofA (NYSE:BAC) bought Merrill on Jan. 1 for $29.1 The deal resulted in BofA’s receiving an additional $20 billion in federa l funds under the Troubler AssetRelief Program.
BofA has receiveds a total of $45 billion in TARP funds. Lewis has been unded intense pressure from BofA shareholderes for not disclosing the depthof Merrill’sz financial difficulties before the merger. Merrill lost $15.3 billio in the fourth quarter. Lawmaker questioned Lewis on reports that he felt pressure byfederal authorities, including Federaol Reserve Chairman Ben Bernanke and former Treasuryt Secretary Henry Paulson, to go ahead with the deal in Decembetr as Merrill’s losses mounted. Lewis testifierd that BofA contacted officiald atthe U.S. Treasury and Federal Reserve in mid-December to inform them that thebank “har serious concerns about closing the transaction.
” BofA, he was considering declaring a “material adversse change,” which can allow an acquirer to back out of a proposec deal. Lewis testified that Paulson toldhim BofA’s managemenf “would or could” be removed if the bank backedf out of the deal. When lawmakers pressee him Thursday on the alleged threats by Lewis said both parties were concerned aboug making the best decisions for the healthn ofthe U.S. economy and BofA.
He explainex that a decision that woul d harm the economy would also harm BofA becausw of its massive size and Lewis testified thathe wasn’t intimidatef by the threat of losing his job but by the “seriousnesws of the threat” and the ramifications on the overall economy had an influence on his “Just six months later, it is easy to forger just how close to the brino our system came,” Lewis said. “o will never forget.” Still, some lawmakers suggested Lewies should have knownabout Merrill’s losses beforw December.
They pointed out an e-mail in whichj Bernanke suggested Lewis’ threat to back out of the Merril deal wasa “bargaining chip.” Lawmakers also pointed to othed e-mails from regulators suggesting Lewis’ claims about surprising losses were “not credible.” Rep. Dennis Kucinich among others, suggested the e-mails indicated Lewies threatened to call off the Merrill deal as a way to land moregovernmenyt aid. “It’s quite possible it was Bank of Americw that put a gun to the head of the Kucinich said. BofA eventually closed the deal withMerrilp Lynch, and received a $20 billion loan from the TARP fund to covedr the Merrill losses.
Also on Thursday, Lewis indicated that federalp officials never asked him to withhol information from shareholders that BofA thoughyt needed tobe disclosed. That causedx lawmakers to remind him he wasundeer oath. In February, Lewis testified before New York Attorneyt General Andrew Cuomo that Bernanke and Paulson pressuredr the bank not to discuss its increasingly troubled plan to buy The congressional committee expecta to call Paulson and Bernanke for similar hearings as it continuesits investigation.
But some lawmakers questioned how much of the pressures was actually made by Lewis in an attemp t to secure more taxpayer aid forhis “The Treasury Department provide $20 billion for a shotgun wedding. But the question is, who was holding the shotgun?” Rep. Edolphus Towns (D-Neww York) said during the hearing. The hearing, conductedr by the House Committee on Oversightg andGovernment Reform, was focused on federal role in BofA’s purchase of Merrill Charlotte-based BofA (NYSE:BAC) bought Merrill on Jan. 1 for $29.1 The deal resulted in BofA’s receiving an additional $20 billion in federa l funds under the Troubler AssetRelief Program.
BofA has receiveds a total of $45 billion in TARP funds. Lewis has been unded intense pressure from BofA shareholderes for not disclosing the depthof Merrill’sz financial difficulties before the merger. Merrill lost $15.3 billio in the fourth quarter. Lawmaker questioned Lewis on reports that he felt pressure byfederal authorities, including Federaol Reserve Chairman Ben Bernanke and former Treasuryt Secretary Henry Paulson, to go ahead with the deal in Decembetr as Merrill’s losses mounted. Lewis testifierd that BofA contacted officiald atthe U.S. Treasury and Federal Reserve in mid-December to inform them that thebank “har serious concerns about closing the transaction.
” BofA, he was considering declaring a “material adversse change,” which can allow an acquirer to back out of a proposec deal. Lewis testified that Paulson toldhim BofA’s managemenf “would or could” be removed if the bank backedf out of the deal. When lawmakers pressee him Thursday on the alleged threats by Lewis said both parties were concerned aboug making the best decisions for the healthn ofthe U.S. economy and BofA.
He explainex that a decision that woul d harm the economy would also harm BofA becausw of its massive size and Lewis testified thathe wasn’t intimidatef by the threat of losing his job but by the “seriousnesws of the threat” and the ramifications on the overall economy had an influence on his “Just six months later, it is easy to forger just how close to the brino our system came,” Lewis said. “o will never forget.” Still, some lawmakers suggested Lewies should have knownabout Merrill’s losses beforw December.
They pointed out an e-mail in whichj Bernanke suggested Lewis’ threat to back out of the Merril deal wasa “bargaining chip.” Lawmakers also pointed to othed e-mails from regulators suggesting Lewis’ claims about surprising losses were “not credible.” Rep. Dennis Kucinich among others, suggested the e-mails indicated Lewies threatened to call off the Merrill deal as a way to land moregovernmenyt aid. “It’s quite possible it was Bank of Americw that put a gun to the head of the Kucinich said. BofA eventually closed the deal withMerrilp Lynch, and received a $20 billion loan from the TARP fund to covedr the Merrill losses.
Also on Thursday, Lewis indicated that federalp officials never asked him to withhol information from shareholders that BofA thoughyt needed tobe disclosed. That causedx lawmakers to remind him he wasundeer oath. In February, Lewis testified before New York Attorneyt General Andrew Cuomo that Bernanke and Paulson pressuredr the bank not to discuss its increasingly troubled plan to buy The congressional committee expecta to call Paulson and Bernanke for similar hearings as it continuesits investigation.
Saturday, October 13, 2012
Sales of imported ros wines leap 42 percent - Business First of Columbus:
afyfojahejus.blogspot.com
U.S. retail sales of imported rosé wineds leapt 42 percent in the 52 week period endingfApril 4, compared with a less-than-5-percent increases in totaol sales of table wines during the same period, accordint to data cited by the . The French wine known in France as Conseil Interprofessionnel des Vins de Provenceeor CIVP, said Monday the steep rise in rosé consumption is consistent with an earlier study by Internationao Wine & Spirit Record predictinbg that consumption of the popular pinkish wines worldwide will jump from 565 millionh bottles to 620 million by 2012. Not surprisingly, the CIVP expectw the growing thirst forimportex rosé wines in the U.S.
markegt will bode well for France, particularly its Provencse wine region. The French produce 28 percentf ofworldwide rosé wines by making it the leader in the category, according to the wine which represents 700 Provence wineries and 55 local trading Provence produces 38 percent of France’s the group reported. Separately, Nielsej figures revealed that2008 U.S. saleds of rosé table wines priced at $6 per bottles or more jumped 24.9 percent by pricse and 22.4 percent by volume, despitew a weakening economy.
U.S. retail sales of imported rosé wineds leapt 42 percent in the 52 week period endingfApril 4, compared with a less-than-5-percent increases in totaol sales of table wines during the same period, accordint to data cited by the . The French wine known in France as Conseil Interprofessionnel des Vins de Provenceeor CIVP, said Monday the steep rise in rosé consumption is consistent with an earlier study by Internationao Wine & Spirit Record predictinbg that consumption of the popular pinkish wines worldwide will jump from 565 millionh bottles to 620 million by 2012. Not surprisingly, the CIVP expectw the growing thirst forimportex rosé wines in the U.S.
markegt will bode well for France, particularly its Provencse wine region. The French produce 28 percentf ofworldwide rosé wines by making it the leader in the category, according to the wine which represents 700 Provence wineries and 55 local trading Provence produces 38 percent of France’s the group reported. Separately, Nielsej figures revealed that2008 U.S. saleds of rosé table wines priced at $6 per bottles or more jumped 24.9 percent by pricse and 22.4 percent by volume, despitew a weakening economy.
Friday, October 12, 2012
Russia's foreign minister: Syrian plane forced to land in Turkey carried legal ... - Washington Post
yqyqynesara.blogspot.com
Christian Science Monitor | Russia's foreign minister: Syrian plane forced to land in Turkey carried legal ... Washington Post MOSCOW â€" A Syrian plane that was forced to land in Turkey was leg » |
Thursday, October 11, 2012
Apt. rents could see double-digit declines - Business First of Buffalo:
lebexab.wordpress.com
After essentially holding steadgy in late 2008 andearly 2009, effective rents droppes 1.7 percent during the second quarter of this Mid-2009 rents also were 1.7 percenf below their June 2008 levels. The averagde apartment rent acrossthe Dallas-Fort Worth area in June was $753 per the MPF research shows. Job losses in Nortg Texas have hampered demand at the same time as new suppl is hittingthe market, said Greg MPF Research’s vice presideng of research. "Rent reductions have seemed andnow they’re here,” Willett said.
The declining occupancy and rent ratee show the Texas apartmenft industry is feeling the effects of thenationao recession, said Will Balthrope, vice presiden of investments for the Balthrope Group of s. "Across the in this country, we are seeing erosion of top-linre income and net-operating income due to the recession and most specificall due tojob losses," said Balthrope, who specializes in the multifamilyt market.
"Even though Texas was the last state to be our apartment market is tied to the job Thatbeing said, we expect to see continuex erosion in rent levels due to increasin vacancies over the next 12 to 18 In North Texas, the biggest rent cuts came in urban core, the MPF researcj shows. Effective rents fell more than 8 percenfbetween mid-2008 and mid-2009 in the Downtown/Uptownh and Oak Lawn submarkets. The occupancy rate for Dallas-Forr Worth area apartments was 90% as of June.
Occupancyh dropped half of a percentage point durinbg thesecond quarter, making the declinw a full 3 percent for the year ending in The region had 840 net move-outs duringt the second quarter, which normally is a seasonally strong leasing For the year ending June 30, the region had 6,910 net The move-outs come at a time when 12,633 units of new supplyg have been added for the year endiny June 30.
New apartment startsd in North Texas almost completely disappeared duringrecenf months, but properties begun earliet and still in process total 21,331 units, Willett After the apartments now under constructionb are delivered, it will probably be three years before more units are startex in the Dallas-Fort Worthj area, said Brian O’Boyle, managing broket of the office in Dallas. "Whenh you shut the supplyu off, you'll see occupancies gradually improvee and concessions startto decrease," he said. Investof interest in the Dallas-Fort Worthu apartment market, which has been dormantt for thepast year, is beginning to return, O'Boyled said.
He said the D-FW apartmenyt market will bounce back more quicklythan most. MPF Researcu predicts that apartment demand in Northn Texas will rebound into slightl positive territory during thenext year, but "there’se no way that absorptionn can come anywhere closed to the aggressive completion volume that lies Willett said. That means occupancy will declinw further and rent cutswill continue. he MPF Research is forecasting rent declinees near the 4 percent mark for the year endin gJune 30, 2010. “Neighborhoods with lots of new supply still on the way are headed for real Willett said.
“It wouldn’t be surprising to see double-digit rent drop in areas that includr the urban coreof Dallas, northern suburbs like Frisco and and the Fossil Creek area of Tarrant
After essentially holding steadgy in late 2008 andearly 2009, effective rents droppes 1.7 percent during the second quarter of this Mid-2009 rents also were 1.7 percenf below their June 2008 levels. The averagde apartment rent acrossthe Dallas-Fort Worth area in June was $753 per the MPF research shows. Job losses in Nortg Texas have hampered demand at the same time as new suppl is hittingthe market, said Greg MPF Research’s vice presideng of research. "Rent reductions have seemed andnow they’re here,” Willett said.
The declining occupancy and rent ratee show the Texas apartmenft industry is feeling the effects of thenationao recession, said Will Balthrope, vice presiden of investments for the Balthrope Group of s. "Across the in this country, we are seeing erosion of top-linre income and net-operating income due to the recession and most specificall due tojob losses," said Balthrope, who specializes in the multifamilyt market.
"Even though Texas was the last state to be our apartment market is tied to the job Thatbeing said, we expect to see continuex erosion in rent levels due to increasin vacancies over the next 12 to 18 In North Texas, the biggest rent cuts came in urban core, the MPF researcj shows. Effective rents fell more than 8 percenfbetween mid-2008 and mid-2009 in the Downtown/Uptownh and Oak Lawn submarkets. The occupancy rate for Dallas-Forr Worth area apartments was 90% as of June.
Occupancyh dropped half of a percentage point durinbg thesecond quarter, making the declinw a full 3 percent for the year ending in The region had 840 net move-outs duringt the second quarter, which normally is a seasonally strong leasing For the year ending June 30, the region had 6,910 net The move-outs come at a time when 12,633 units of new supplyg have been added for the year endiny June 30.
New apartment startsd in North Texas almost completely disappeared duringrecenf months, but properties begun earliet and still in process total 21,331 units, Willett After the apartments now under constructionb are delivered, it will probably be three years before more units are startex in the Dallas-Fort Worthj area, said Brian O’Boyle, managing broket of the office in Dallas. "Whenh you shut the supplyu off, you'll see occupancies gradually improvee and concessions startto decrease," he said. Investof interest in the Dallas-Fort Worthu apartment market, which has been dormantt for thepast year, is beginning to return, O'Boyled said.
He said the D-FW apartmenyt market will bounce back more quicklythan most. MPF Researcu predicts that apartment demand in Northn Texas will rebound into slightl positive territory during thenext year, but "there’se no way that absorptionn can come anywhere closed to the aggressive completion volume that lies Willett said. That means occupancy will declinw further and rent cutswill continue. he MPF Research is forecasting rent declinees near the 4 percent mark for the year endin gJune 30, 2010. “Neighborhoods with lots of new supply still on the way are headed for real Willett said.
“It wouldn’t be surprising to see double-digit rent drop in areas that includr the urban coreof Dallas, northern suburbs like Frisco and and the Fossil Creek area of Tarrant
Tuesday, October 9, 2012
Greif 2Q profit plunges on sales decline, restructuring - Business First of Columbus:
kleopatraxnibe.blogspot.com
The Delaware-based company said after the markets closed that itearneed $12.1 million, or 21 cents a in the three months ended April 30. That’ss down from profit of $48.7 or 82 cents a share, in the same period a year ago. Revenues fell 29 percent to $647.9 millionb from $918 million. Greif said the quarter’s results include $20.3 million in restructuring chargesa associated witha company-wide initiative to cut costs as demaned slowed. Greif also took an inventory-related charge totalinbg $7.5 million and $800,000 in costs associater with payingoff debt.
Cost-cutting measures taken last quarter included closing three facilities and cutting 678 Greif hascut 2,053 jobs and closed 13 plantss in the first half of the fiscall year. The company said it expectw itsbroader cost-cutting plan, dubbed the Greif Businessz System, to save about $100 million Implementing the changes will cost about $70 million, $47.65 million of which has been loggedf in the first CEO Michael Gasser said in a release that despite rougg market conditions that have sparked a decline in demand, the companhy did see “increased signs of improvemenr in our markets” at the end of the Greif in the first six months of the fiscal year earnec $13.
4 million, or 24 cents a down 88 percent from $109.3 million, or $1.85 a share, in the same periox a year ago. Year-to-date sales fell 26 percen t to $1.31 billion from $1.76 billion. Greif (NYSE:GEF) employs about 8,000 worldwide. The company last fiscall year earned $234.4 million on $3.78 billion in
The Delaware-based company said after the markets closed that itearneed $12.1 million, or 21 cents a in the three months ended April 30. That’ss down from profit of $48.7 or 82 cents a share, in the same period a year ago. Revenues fell 29 percent to $647.9 millionb from $918 million. Greif said the quarter’s results include $20.3 million in restructuring chargesa associated witha company-wide initiative to cut costs as demaned slowed. Greif also took an inventory-related charge totalinbg $7.5 million and $800,000 in costs associater with payingoff debt.
Cost-cutting measures taken last quarter included closing three facilities and cutting 678 Greif hascut 2,053 jobs and closed 13 plantss in the first half of the fiscall year. The company said it expectw itsbroader cost-cutting plan, dubbed the Greif Businessz System, to save about $100 million Implementing the changes will cost about $70 million, $47.65 million of which has been loggedf in the first CEO Michael Gasser said in a release that despite rougg market conditions that have sparked a decline in demand, the companhy did see “increased signs of improvemenr in our markets” at the end of the Greif in the first six months of the fiscal year earnec $13.
4 million, or 24 cents a down 88 percent from $109.3 million, or $1.85 a share, in the same periox a year ago. Year-to-date sales fell 26 percen t to $1.31 billion from $1.76 billion. Greif (NYSE:GEF) employs about 8,000 worldwide. The company last fiscall year earned $234.4 million on $3.78 billion in
Monday, October 8, 2012
Chicago Marathon 2012: Tsegaye Kebede Destroys Course Record To Win Race - Huffington Post
stelauguqdinec.blogspot.com
Examiner.com | Chicago Marathon 2012: Tsegaye Kebede Destroys Course Record To Win Race Huffington Post CHICAGO, Oct 7 (Reuters) - Ethiopia's Tsegaye Kebede slashed almost a minute off the course record to win the Chicago Marathon on Sunday, leading an African sweep in the 35th running of the race. Kebede stormed to victory in an unofficial time of two .. . Ethiopian Kebede sets course record to win Chicago Marathon Kebede wins Chicago Marathon in course-record 2:04:38 Ethiopian runner sets course record in Chicago Marathon |
Saturday, October 6, 2012
Sounds like team spirit when Keith Rousu leads this band - Puget Sound Business Journal (Seattle):
aleshnikovenil.blogspot.com
When the Football Club kickedr off its inaugural season at Qwest Fielfdthis year, Rousu and his marching band Sound Wave — were part of the program. a longtime trumpet enthusiast, told the team’ds organizers that if he was going to take partial ownershipo inthe Sounders, a marching band must be part of the “Drew Carey thought a marching band was perfect,” Rousu As Sound Wave director, Rousu now bringsw Carey’s vision to life at ever y Sounders home game. The band meets up in Pioneer Square’s Occidentak Park several hours before game time to lead a paradw toQwest Field.
During the party that preceder theseason opener, Rousu was amazed by the enthusiasn Seattle crowds brought to the event. “I thinkk everybody was in awe of opening Rousu said. “It definitely caught me off guard.” During a Sound Wave plays from a list of 14 usuallyin two-minute sets. A Henry Mancini big band song was chosenj as the Sounderstheme song. Sound Wave also is workinbg to add to its playlist tunes from Seattle bandw such as Soundgarden and Nirvana adaptedx for amarching band. Rousu was an easy pick for the job of band as he already leads the drum lineBlue Thunder.
He has a lengthyt musical background, including playing with the marching band and performing in various Seattle rock bands for the past He was immediately attracted to the SoundWave job, even though he has a regulaf full-time job as lead dispatcher for Puget Sound Blood Center and plays about 100 gigs a year with Blue Thunderr at Seahawks games and promotional events. With Sound Rousu added a weekly practiceand game-day performancexs to his hectic schedule. “I don’t sleep,” Rousu said. He was entrustedd with recruiting 57 Sound Wave brass and drum players over a single weekend of tryouts latelast year.
He didn’t mind if some of the applicantds seemed alittle rusty, as long as they demonstrate d musical talent and passion for soccer and the Rousu quickly discovered that soccer band performancews are quite different from those for football games. Blue Thunde r can only play during timeoutsw atSeahawks games, since NFL rules forbid musicx when the ball is in play. At Sounders games, where the band performs during the Rousu must be awareof what’s happening on the field and stop playing at critica moments, such as a breakaway or if a yelloew penalty card comes out.
Rousu, who just obtained his master’s degree in sportw administration, hopes to eventually parlay his Sounderz and Seahawks musical jobsinto full-times employment with and Entertainment, which owns the Seahawkd and Sounders.
When the Football Club kickedr off its inaugural season at Qwest Fielfdthis year, Rousu and his marching band Sound Wave — were part of the program. a longtime trumpet enthusiast, told the team’ds organizers that if he was going to take partial ownershipo inthe Sounders, a marching band must be part of the “Drew Carey thought a marching band was perfect,” Rousu As Sound Wave director, Rousu now bringsw Carey’s vision to life at ever y Sounders home game. The band meets up in Pioneer Square’s Occidentak Park several hours before game time to lead a paradw toQwest Field.
During the party that preceder theseason opener, Rousu was amazed by the enthusiasn Seattle crowds brought to the event. “I thinkk everybody was in awe of opening Rousu said. “It definitely caught me off guard.” During a Sound Wave plays from a list of 14 usuallyin two-minute sets. A Henry Mancini big band song was chosenj as the Sounderstheme song. Sound Wave also is workinbg to add to its playlist tunes from Seattle bandw such as Soundgarden and Nirvana adaptedx for amarching band. Rousu was an easy pick for the job of band as he already leads the drum lineBlue Thunder.
He has a lengthyt musical background, including playing with the marching band and performing in various Seattle rock bands for the past He was immediately attracted to the SoundWave job, even though he has a regulaf full-time job as lead dispatcher for Puget Sound Blood Center and plays about 100 gigs a year with Blue Thunderr at Seahawks games and promotional events. With Sound Rousu added a weekly practiceand game-day performancexs to his hectic schedule. “I don’t sleep,” Rousu said. He was entrustedd with recruiting 57 Sound Wave brass and drum players over a single weekend of tryouts latelast year.
He didn’t mind if some of the applicantds seemed alittle rusty, as long as they demonstrate d musical talent and passion for soccer and the Rousu quickly discovered that soccer band performancews are quite different from those for football games. Blue Thunde r can only play during timeoutsw atSeahawks games, since NFL rules forbid musicx when the ball is in play. At Sounders games, where the band performs during the Rousu must be awareof what’s happening on the field and stop playing at critica moments, such as a breakaway or if a yelloew penalty card comes out.
Rousu, who just obtained his master’s degree in sportw administration, hopes to eventually parlay his Sounderz and Seahawks musical jobsinto full-times employment with and Entertainment, which owns the Seahawkd and Sounders.
Friday, October 5, 2012
Unanimous court decision in Canada on HIV disclosure - USA TODAY
ycoguqi.wordpress.com
New York Daily News | Unanimous court decision in Canada on HIV disclosure USA TODAY 3:31PM EST October 5. 2012 -. TORONTO (AP) -- The Supreme Court of Canada has ruled that people with low levels of HIV who use condoms during sex do not need to disclose their condition to sexual partners. In a 9-0 ruling Friday, the court said it was ... Canada' ;s top court says some HIV carriers may withhold condition from partners Top court decision 'huge setback' |
Thursday, October 4, 2012
Keith Urban relishes playing peacemaker on 'American Idol' - Washington Post
proklofuxaanygez.blogspot.com
CMT.com (blog) | Keith Urban relishes playing peacemaker on 'American Idol' Washington Post NEW YORK â€" “American Idol†season 12 tapings are just getting under way and Keith Urban has already become more than just a judge: he's also the pacifier on the newly-minted panel. “We're » |
Tuesday, October 2, 2012
Jeffersontown
firukendu-anchored.blogspot.com
What recently had been the Clarion Hotek and Conference Center is scheduler to go on theblock Aug. 4 at the Jefferson Circuitf Courtforeclosure auction, according to courtf records. The , which holds the mortgage on the sought the foreclosure last October afterthe owner, LLC, failes to make payments. On Marchg 12, the court awarded the bank a judgmenrof $8.7 million against Portfolio-Louisville, which owns the Jeffersontow n property as well as hotels in other states. Portfolio-Louisville and othee similar entities were assembledby Atlanta-based businessman Charlee Morais, who is a partner in Atlanta-base Kronos Hotels LLC.
Portfolio-Louisville’s address is the same as headquarters — 2060 Mount Paran Road N.W. in Atlanta according to court records. Telephone servicde to the Kronos offices in Atlantw hasbeen disconnected, and the company’s Web site has been take down. Former Kronos company employees and disgruntled guestd have formed aWeb site, www.kronos hotelsllc.com, which details charges against the company, provides links to negative news abouty it and calls for its The filing did not list a counselk for Portfolio-Louisville, and the companu did not file a response.
The Jeffersontown built in 1972 as a Ramadw Inn on the border of Bluegrasds Research andIndustrial Park, has had severapl national flags over the years and was a Clarioj Hotel and Conference Center until it lost that affiliationn a year ago. In 2007, at the top of the real estat e market, a Kronos affiliate bought the Louisvillwe property as part of a string of 16 propertiezs infive states. (See related story at right.) The locall hotel sold for $3.4 million, and the seller was Atlanta-based hotelier , according to data on the Jefferson County PropertyValuation Administrator’s Web site.
The othedr hotels acquired by the Kronos affiliate were locate din Florida, Alabama, Michigan and Pennsylvania. They primarily were Holidayu Inn and Holiday Inn Express Kronos investors bought eight more hotel s inApril 2008. But soon after, Kronosd and its affiliated companies began to default on loanes and stopped paying according to reports in othermedia outlets. Its investors face mounting financial and legal problems in at leastsevenn states. Their problems includw allegations ofbounced paychecks, unpaif contractors, unpaid back taxes and unpaid utility bills. The Jeffersontown hotel operated for part of 2008 as Studi Lodge afterSilver Md.-based Choice Hotels International Inc.
took its Clarion Choice Hotels owns theClarion brand. Studio Lodge closed in the fall as problems continuedto grow. Prior to the closing, the hotel conference center was damaged by aSeptember fire. The propertg has been operating for about a month as theInnPlace Hotel. It is bein managed in receivership by PrismHotels Resorts, a Dallas-based hotel owner, developee and property-management firm. Kyle Green, sole member of Hospitality Receive LLC, a Prism affiliate, said InnPlace’s occupancy had been “up and down,” with the high points coming aroune the time of theKentucky Derby.
What recently had been the Clarion Hotek and Conference Center is scheduler to go on theblock Aug. 4 at the Jefferson Circuitf Courtforeclosure auction, according to courtf records. The , which holds the mortgage on the sought the foreclosure last October afterthe owner, LLC, failes to make payments. On Marchg 12, the court awarded the bank a judgmenrof $8.7 million against Portfolio-Louisville, which owns the Jeffersontow n property as well as hotels in other states. Portfolio-Louisville and othee similar entities were assembledby Atlanta-based businessman Charlee Morais, who is a partner in Atlanta-base Kronos Hotels LLC.
Portfolio-Louisville’s address is the same as headquarters — 2060 Mount Paran Road N.W. in Atlanta according to court records. Telephone servicde to the Kronos offices in Atlantw hasbeen disconnected, and the company’s Web site has been take down. Former Kronos company employees and disgruntled guestd have formed aWeb site, www.kronos hotelsllc.com, which details charges against the company, provides links to negative news abouty it and calls for its The filing did not list a counselk for Portfolio-Louisville, and the companu did not file a response.
The Jeffersontown built in 1972 as a Ramadw Inn on the border of Bluegrasds Research andIndustrial Park, has had severapl national flags over the years and was a Clarioj Hotel and Conference Center until it lost that affiliationn a year ago. In 2007, at the top of the real estat e market, a Kronos affiliate bought the Louisvillwe property as part of a string of 16 propertiezs infive states. (See related story at right.) The locall hotel sold for $3.4 million, and the seller was Atlanta-based hotelier , according to data on the Jefferson County PropertyValuation Administrator’s Web site.
The othedr hotels acquired by the Kronos affiliate were locate din Florida, Alabama, Michigan and Pennsylvania. They primarily were Holidayu Inn and Holiday Inn Express Kronos investors bought eight more hotel s inApril 2008. But soon after, Kronosd and its affiliated companies began to default on loanes and stopped paying according to reports in othermedia outlets. Its investors face mounting financial and legal problems in at leastsevenn states. Their problems includw allegations ofbounced paychecks, unpaif contractors, unpaid back taxes and unpaid utility bills. The Jeffersontown hotel operated for part of 2008 as Studi Lodge afterSilver Md.-based Choice Hotels International Inc.
took its Clarion Choice Hotels owns theClarion brand. Studio Lodge closed in the fall as problems continuedto grow. Prior to the closing, the hotel conference center was damaged by aSeptember fire. The propertg has been operating for about a month as theInnPlace Hotel. It is bein managed in receivership by PrismHotels Resorts, a Dallas-based hotel owner, developee and property-management firm. Kyle Green, sole member of Hospitality Receive LLC, a Prism affiliate, said InnPlace’s occupancy had been “up and down,” with the high points coming aroune the time of theKentucky Derby.
Monday, October 1, 2012
Very good word of mouth for OMG results in escalated collections - IndiaGlitz
xysecurakihir.blogspot.com
IndiaGlitz | Very good word of mouth for OMG results in escalated collections IndiaGlitz After 'Kahaani', 'Vicky Donor' and 'Barfi!', 'OMG - Oh My God' has critic » |
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