Thursday, November 29, 2012

Democrats and Republicans hold differing views on football, according to Wall ... - Oregon Daily Emerald

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Democrats and Republicans hold differing views on football, according to Wall ...

Oregon Daily Emerald


Among Democrats and Republicans, though, the results differed greatly. Thirty-eight percent of Democrats favored the Ducks, while 21 percent were Beaver fans. Among Republicans, the difference was nearly as dramatic, with 36 percent favoring the ...



Monday, November 26, 2012

The constants and variables of Gaza, then and now - Aljazeera.com

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Aljazeera.com


The constants and variables of Gaza, then and now

Aljazeera.com


... Gaza and Israel, but in  »

Saturday, November 24, 2012

Equitable Building auctioned for $30M - Nashville Business Journal:

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The new owner, , an affiliate of Capmarl Bank, bought the 33-story towerr for $29.5 million, said attornet William Rothschild, with law firm . Sutherland was representing the lender, , whichh was foreclosing on theEquitablew Building. Capmark was the only bidder onEquitable Building, as most commercial real estate observers expected. Equitable's former owner, San Diego-basedx , paid about $57 million to acquire the buildingin 2007, but its value plummetef to $42 million by early 2009.
Equastones received 90 percent financing from Capmark toacquirr Equitable, but plans to stabilize the building'sw occupancy and turn it into an income-producinbg asset never materialized amid the worst commercial real estate crisisw in 20 years. The tower -- designex by renowned architecturalfirm -- has remained aboutg half occupied this year. is managintg and leasing the building. It's expected to court the Fultobn Countypublic defender’s office, which is seeking at least a 50,000-square-foot lease downtown. The publifc defender's office was looking at the Equitable but the financial crisis facing the towe r helped derailthe move.
Rothschild was assistecd in the transactionby Sutherland'sd Jason Kirkham.

Thursday, November 22, 2012

Notes for life - The Hindu

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The Hindu


Notes for life

The Hindu


She arrived in Malayalam soulfully with “Deena dayalo rama” and “Enthe nee kanna.” Though there have always been heart-warming melodies in her repertoire, be it the lullaby “Chanjadi aadi” or the well-noticed “Thamara noollil” or “Kinavile”, Gayathri ...



Wednesday, November 21, 2012

Trico proxy battle ends after elections - Houston Business Journal:

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, the largest shareholder of Houston-basedf Trico (NASDAQ: TRMA), had triedd to nominate its own slate of directors and had demandecdother changes, saying that company management was not maximizin g shareholder value. Both side s had showered shareholders with filings and statements in the finalo weeks beforethe vote. Based on preliminary voting afted Wednesday’s meeting, among other items, shareholderds voted to declassifythe board, reducing the termd of board members from threse years to one Incumbent board member nominees Joseph Compofelicwe — Trico chairman and chief executive officerf — and Ben Guill were both re-elected, accordinfg to a company statement.
The two Kistefos Christen Sveaas andAge Korsvold, failedr in their bid to join the board. Two independent proxyy advisory firms had recommended that shareholders go with theTricpo slate, while a third firm had backed the Kistefoss bid. “Regardless of today’x outcome, Kistefos remains a majoe stockholder of Trico and we intenc to continue to be responsivse to the messages we heard inthis contest,” Compofelicew said. Though based on preliminary votingf he did not gain a seat onthe board, Kistefod chief executive officer Korsvold said his efforts were hearx by shareholders.
“Regardless of the outcome, we believe Trico’s stockholdersz have sent a loud and clearemessage today. They are demanding change. Had it not been for Trico’e unusually high two-thirds minimum vote we would have takenm a significant step in thatdirection today,” Korsvold

Monday, November 19, 2012

First green project in foreclosure - Dayton Business Journal:

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million construction mortgage. The 33,000-square-foot Vive also known as is the first South Florida projecf seeking Leadership in Energy and EnvironmentaDesign (LEED) certification from the U.S. Green Building Councilp to face foreclosure. In an interview, Roman o said the extra cost ofthe building’s green features is not the reasojn it fell into foreclosure. “The fact that the building is a greenj building is not why the building financiallu isin trouble,” Romani said. “It has to do with a failure to properlyu and adequately financially plan the building in the and I blame myselffor that.
” Despited a cost-conscious office-leasing environment, the concept of greenb office buildings is here to according to Christian Lee, vice chairmabn of in Miami, and Vive Verde’s foreclosure is just one entry on a long list of commerciakl foreclosures that will happen regardlessw of whether a building is green. He noted that the more important factorfor Romano’s building will be office demandr in Lake Worth.
“Building greem adds to the cost [of a but in the long run, any green building will be more attractive to an investordbecause it’s already green,” he “Otherwise, new investors would be figuring in the cost to make it because all commercial buildings are goin green.” Rob Hink, a LEED-accredited consultanty with the Weston-based , agrees. “I don’t think this one foreclosurwe on a green building is any commenr on the LEED system orgreen buildings, I think it’z just the economy,” he said.
“I’mn surprised because it’s a leased-up He added that Romano’s largre inner courtyard could have been downsized to fit more rentapl space inthe building, and yet still have retaineds many of the environmental benefits. On May 26, Fort Lee, N.J.-basedf filed the foreclosure action against ViveVerde North, managing member Romano and other parties associated with the project, according to Palm Beach Count y Circuit Court records. The four-story building, at 1005 Lake in Lake Worth, was completedx in August. Its office space is about 70 percentf leased, and it has two empty retail Romano said. The green features of the buildinh work exactly as he he said.
A rooftop garden catchex rainwater, while condensation is collected from the air conditionefr for watering plants and ponds andflushinyg toilets. Grey water is recycled in the water features ofthe atrium. The use of skylights and window cuts down onelectricity usage. Many fixtures were made with recycledf materials. A sign outside advertises it asa “livinfg building.” Inside, goldfish swim throughu a pond and a statue of a Native American bathes in the sunlighr in the garden. Despite the energt and water savings, Vive Verde Nortjh has not made any payments onthe $6.
9 milliomn mortgage this year, said John Hart, an attorney with Carltobn Fields in West Palm Beach who represent s Meecorp in the lawsuit. “My client would like to get but ifthat doesn’t come to they are prepared to take title to the properth and prepare to get paid that way, too,” Hart Vive Verde North has a $4 millionj second mortgage with Williamsville, N.Y.-based , whicnh is named in Meecorp’s complaint. Romanko said his company got behinrd on mortgage payments because it ran out of money and could not get the loan refinanced by atraditionalk bank. “It is making me physicall ill that thisis happening,” he said.
“u will continue to work night and day to make this all work These days, I’m losing a lot of sleepp over it.” He said his plan for the buildingv was flawed from the beginning because he wrotw an incorrect financial plan. He said the constructioj for his first development project came in on budgetg and its utilitiesoperate efficiently. Romano said the greenj features of Vive Verde attractecsome tenants, although severao of them would have signedr leases in the buildinb without them. He is confidenty the building will earnLEED certification, but said that not opening with that designation has not hurt the project. Romanko was aiming for gold-level certification from the U.S.
Green Building Council.

Sunday, November 18, 2012

Earth-friendly, growth-friendly - Tampa Bay Business Journal:

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Carlson has founded five firms inrecent years, many of them in the real estatee industry, which has suffered in the economicx downturn. Three of those including property-management firm Cities Management and a smallconstruction company, operatse out of an office in Northeast Minneapolis. Together, three companiea employ 50 people and recorded a combined revenued last year ofabout $14 million. That’s up from abouf $5 million in the prior year. Carlson serve s as chairman of her real estate while Michael Egelstonruns day-to-dayh operations as CEO.
In addition to the constructiohnand property-management firm, he is responsible for leadingg SenEarthCo, a business that offers a Web-based document management system to other properthy management firms. That business is growing at an average rate of betweenm 10 and 15percenr annually, Egelston said. The businesses were helpee by factors such as a rash of spring stormzsin 2008, as well as the tide of which left many homes in need of repair, boostingb business, Egelston said. Carlson and Egelston note that greej practices have helped them saveon costs, helping them push throug h the downturn.
In recent years, the firm has shrank its office spaceto 9,000 square feet, down from 11,00p square feet, saving on energy The firm also has gone nearly paperless, and has most of its employees work from home. That has reduced the company’s carbon footprint and helped employee retention, Carlson Cities Management’s turnover rate is less than 15 percentr in an industry that often has turnovee of more than 50 The firm also sends construction workers out in hybrid ratherthan trucks. (It later sells its used hybrids to Carlson has takenlessons she’s learnesd out to other companies, which has partly been an efforr to expand her businessez during the recession.
She recently consulted with Minneapolis law firmGreenb Espel. SenEarthCo, meanwhile, is picking up steam with otherd property-management firms who want to save money by reducinpaper use. Cities Management’s experience with SenEarthCk has helped it promote the product to That inspiredScott Ghertner, co-presidentg of Nashville, Tenn.-based property-management firm Ghertne r & Co. to buy into the software product. “The y ate their own cooking,” he said.

Saturday, November 17, 2012

Tennessee Legislature wraps up 2009 session - Memphis Business Journal:

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billion state budget that reflectsda 1.3 percent decrease in spendingt from last year’s The session began this year with the dethroning of Democratr Jimmy Naifeh, who served two decades as Speaker of the Hous e of Representatives before Republicans took over both houses of the Tennesseer Legislature for the first time since the Civil War. With a $1.2 billio n shortfall in revenuethis year, few billsw with any fiscal note attachexd were able to pass, and Republican legislators focusesd on bills that expanded gun owners’ rights and limiteed business taxes. Legislators didn’t substantially change Gov.
Phil Bredesen’s fiscal year 2009-2010 budget but did trim about $40 milliomn in spending. But Bredesen says he is “pleased” with the revisionz and says they largely reflect his spendinv outline first detailedin March. His budget proposa was unique because it wasa multi-yea plan to incorporate the billions of dollars in federal stimulues funds Tennessee is entitled to under the American Recoveryu and Reinvestment Act, which will flow through states agencies over several years. According to the the 2009-2010 budget: • Fullu funds the Basic Education the state’s funding formulaw for K-12 education; • Provides an additional $11.
6 million for new capital maintenance project on higher education campuses; • Fully fundes economic development projects currentlu underway, including in Bradley County, in Montgomery Countt and • Provides for development of a megasite in West including a five-megawatt 20-acre solarr farm as part of Bredesen’s Volunteer Stat Solar Initiative; • Utilizes bonds undeer a four-year plan to fund bridge replacementf and repair.
The governor also says he is pleasesd the legislature passed hiskey bill, the Tennessew Clean Energy Future Act of which he drafted to help attract greej business and green jobs to the statew and leave Tennessee a national modeol for such inititiatives as his gubernatorialk legacy. The bill requires statwe government to overhaul its fleets and buildings with more energg efficient productsand materials, and extends an emerging industry tax credit to qualified businesses in the clea energy technology sector. It also createsd a limited statewide residentialbuildingb code.

Thursday, November 15, 2012

California asks contractors to cut prices up to 15% - Silicon Valley / San Jose Business Journal:

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“We need your help!” according to a letter faxed to Riverside-based and posted on the Wall Streef Journal’s web site. “Our goal is to help state agencies comply with thisrequirement (to cut contract-related spending by 15 while continuing to purchase the food commoditiexs they need.” The states provides a worksheet for the businessesz to complete on how they’ll achievre that 15 percent cost savings. The state’s food vendor are wasting no time voicing how little profit suchcontracts carry.
Adam owner of grocery supplier ABC Ventures in San was among those receiving the requesty for the price His company, which has had a contract with the statw since 1992, sells frozen pizzas, waffles, pasts and other groceries to the state’xs prison system. Clingerman, who says he makezs less than 10 percent on thestate contract, is turningb to his suppliers seeking price cuts, the newspaper Meridian Food’s owner Rebecca Kitchinges said she was surprised to get the letter this week seekint the cuts. “Oh, for heaven’s sake,” Kitchings told the Wall Streeyt Journal. “It’s a contract.
If something happened to my compan andI said, ‘I mis-bid that and I need another half a penny,’ they’d say no

Wednesday, November 14, 2012

US commander: Libya attack linked to Qaeda in Maghreb - Chicago Tribune

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CBC.ca


US commander: Libya attack linked to Qaeda in Maghreb

Chicago Tribune


"There is a growing network of violent extremist organizations and it appears to me very likely that some of the terrorists who participated in the attack in Benghazi have at least some linkages to AQIM," General Carter Ham, head of Africa Command ...


US military offici al: Some Benghazi consulate attackers had links to al-Qaida ...

Washington Post


US: al-Qaida link to consulate attackers

Boston.com


Al-Qaeda link in US consulate attack in Libya: official

Straits Times



 »

Tuesday, November 13, 2012

Sunday, November 11, 2012

Eden Alley goes above its duty - Kansas City Business Journal:

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Eden Alley Cafe does. The restaurant is located on the lower level ofthe , which handlese garbage pickup for the building. But Eden a vegetarian restaurant, pays $230 a monthy to have Recycling dispose of everythingfrom food-preparationm leftovers to the stuff customers leave on their plates. The garbagee is placed in a 95-gallon bin in back of the and Missouri Organic picks it up three times a Missouri Organic, which is located near the at 7700 E. U.S. Highwahy 40, adds the would-be trash to yard waste. The resultf is a soil enricher the company calls NatureWise Compost.
Eden Alley co-ownef Greg Clootz said the additional bill is worth it becausee of the societal expense of throwingthings away. The cafe has been contracting with Missouru Organic for about three diverting about 90 percent ofthe cafe’es food waste from the landfill. In businessw since 1992, Missouri Organic’s Food Residuals Environmentak Diversion program processesbetween 12,000 and 15,000 tons of food wast a year, Vice President Kevin Anderson said. Contributorsd include large industrial clientx such as the facilitygin St.
Joseph and ’s soybean-crushing plant southeast of Interstate 35 and Front Eden Alley’s output of roughly 400 pounds a week is peanutx compared with those giants, but Anderson said it just goes to “Everybody has their part to Nothing is too small, I guessd is the thing.” Eden Alley has been in businese for nearly 15 years, and the Missouri Organidc contract is just one of its green For instance, it buys environmentally friendly to-go containersz and cutlery from Kansads City-based and Eco-Products in Colo. Compostable cutlery costs about 6 centsan item, Cloot z said. Regular plastic utensils cost aboura half-cent each.
Eden Alley graduall y has expanded its green initiativex because oftheir expense, but Cloots said it’s worth every penny. “It’a one ecosystem — our body and the Earth,” he “What you put out there is whatyou get. So at some it’s got to change

Thursday, November 8, 2012

Dish Network loses viewers in 2008; EchoStar posts results - Denver Business Journal:

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The Englewood-based company announcefd its year-end results Monday, saying subscriber losses that started over the summerr accelerated in the fourthb quarter and left the companyywith 102,000 fewer payinbg customers than it had a year earlier. The company is the second-largesr satellite broadcaster inthe U.S., with nearly 13.7 milliomn subscribers. That’s down from 13.8 million in 2007. Dish Networok (NASDAQ: DISH) blamed the shrinking on overall economicweaknese nationally, inroads by telecom companieds winning customers for paid TV service and by Dish’w own failures to provide high-quality customert service.
Dish reported 2008 fourth-quarter earnings of $217 million, or 48 centw per share, on $2.9 billioh revenue, compared to $175 million, or 39 cents per earned in the fourth quarter of 2007 on slightly lessthan $2.9 billiom revenue. For all of 2008, Dish reportedc net income of $902.9 million, or $1.98 per share, on revenuse $11.6 billion in 2008. Those were increaseds of more than 4 percent in earnings and revenuee compared tothe $756 million, or $1.68 per on $10.7 billion sales it reporter for 2007. The satellite broadcast and technology founded by Charlie Ergen and formerly known as EchoStarCommunications Corp., split into two companies at the startf of 2008.
(NASDAQ: SATS), the new set-tol box and satellite technology sister company toDish Network, reportesd losing $944 million, or $10.5 7 per share, on revenue of nearly $2.2 billiob in 2008. That compares to an $86.r million loss, or 95 cents per share, on revenue of $1.5 billiojn that it recorded in 2007 prior tothe spin-off.

Wednesday, November 7, 2012

BlueCross cuts jobs at Hoover HQ - Phoenix Business Journal:

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The number of impacted employees was not immediately but sources said dozens of positiones were cutamong BlueCross’ customer marketing and data processing departments. The Birmingham Businessx Journal reported on June 12the state’ds largest health insurance provider had already cut humann resource positions and were eyeingv more reductions. BlueCross’ claims department personnel attende a June 4 meeting in which employees were told only eightg jobs were available to bid on ina 200-person department, sources said. BlueCross managers told employees many businesses are turning to electronic decreasing the need for paper record sadministered in-house.
BlueCross did not immediately respond to phoneor e-maio messages seeking comment on Thursday’s job Two weeks ago, BlueCross said it is “reviewing the scalr of our administrative capacities” to be properlt aligned with its customer base and its corporate mission. Without providing specific numbers on anticipatedjob cuts, it said its personnel adjustments are in response to declining customef levels. It blamed the recession and the state’s escalatingy unemployment rate for thejob cuts. In a June 10 e-mailee statement, BlueCross said it is “not immune to these challengingf anddifficult times.
” “We too are being affectedf by the current economic downturn and the doubling of the unemploymenty rate in Alabama over the last 12 months,” statement read. “Many of our customerd have had to reduce their work force and this has resultexd in some having to drop theirf healthcare coverage.” Alabama’s unemploymen rate was 9.8 percent in May. It was 4.7 percentg in May 2008. BlueCross of Alabama said it has 3,40o employees in Alabama. In 2008, BlueCross had 3,000 local employees, accordinh to Birmingham BusinessJournal research. It held 96 percent of the smalp business health insurance market in the statein 2007, the most recenr data available shows.
In 2008, BlueCrosa reported $4 billion in premium revenue, up from $3.5 billiohn in 2007. Its $28.6 million 2008 net incomwe was 60 percent lower than in 2007 and resulted in a profit margin of less than one half of1

Tuesday, November 6, 2012

WMEP makes grants available for manufacturers - The Business Journal of Milwaukee:

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The Next Generation Manufacturing program will providw grants in the rangeof $5,000 to $6,500 to pay as much as 50 percent of project costs for services delivered by a Madison-based nonprofit consulting organization that offerw technical expertise and business assistance to make Wisconsibn manufacturers more competitive. The remaining projecf costs will be paid bythe “At a time when many manufacturerws are struggling, this assistance can be instrumental in setting the stage for future growtnh and profitability,” said Mike Klonsinski, WMEP executive As much as $5,000 per company is available to any smalpl or midsize manufacturer (less than 500 employees) interested in pursuingg lean manufacturing transformation.
The funding is targeted for projects designed to improve performance across all facetzs of abusiness enterprise. Grants of as much as $6,50o per company are available to help small and midsize manufacturers implementEureka ! Winning Ways, a nationally recognized system to accelerate growtb and generate high impact ideas for new products and services. Grantxs are offered on a first-come, first-served basis. Project completion deadline is Dec. 31, 2010.

Saturday, November 3, 2012

Metro seeks more control of convention center leadership - Nashville Business Journal:

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Metro councilors Rod Park and Rex Burkholderf will introduce a measure next week givin g the council authority over individuals who lead the Metropolitan ExpositiomRecreation Commission. The motion comeas after Metro Council President David Bragdon criticized the performances of MERC General ManagerDavisd Woolson. Councilors want to oversee the salary changes and employment statusof MERC’s top executive, accordinfg to a letter Park and Burkholder sent to Don who chairs the commission. Trotter and other commissionerxs currently oversee the positiob and have given Woolson good marks during his first threrejob reviews.
The council will consider the motion at its June 11 In a March 31 letter to the commission regardingthe group’sx budget requests, Bragdon questioned both Woolson’s leadership as well as the agency’a higher budgets. Woolson’s officwe spent $470,568 during the 2007-08 fiscal The number jumped to $838,803 for the current year. Woolsob requested $877,808 for the 2009-10 fiscal However, in a letter dated Marcb 12, 2009 to Bragdon from Metrio finance and administrative services directorMargo Norton, Woolson says the cost increase s are "primarily the result of a reorganization of the publi c affairs function and the cost and creation of a business development Specifically, MERC's public affairs manager and public affairsz coordinator were "reclassified" to a director of communicationas and a director of business and community Woolson goes on to state that additional resourcex for goods and services for the positions includedd "advertising, consul ting, sponsorships...
and other general officed expenses in order to have a more effective effort in this area." In the same letter, Woolsob says the numbers alone don't paint an accuratwe picture because of unfilled positions in earlier budgets. Bragdon also said Woolsobn moved his office downtown and boostecd consulting travel costs and other expensesalast year. He also collectedd “large raises” that, by increasing his salary to make him more highly paid than his MERC moved downtown from the convention centerlast year. It occupiesa space in the Portland Center for the Performing 1111 S.W. Broadway.
MERC, which operates the building, pays no rent for the One of theMERC Commission'x goals was to increase the organization's downtown presence. MERC's boardf approved Woolson's pay raises. The board said last year that Woolson “has accomplished (an) enormouas amount of work and inspired staff. He has quickly detected problems and has move to alleviats orfix (sic). There appears to be a new energyat MERC.” Metro’s annual budget is $40 million. Woolson is the agency’s highest-paird employee.

Friday, November 2, 2012

General Motors files Chapter 11; government to own majority stake - Houston Business Journal:

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Monday’s Chapter 11 filing by the 101-year-old automakert — once the world’s biggest company — is amonv the largest in U.S. history and largest-everr U.S. manufacturing bankruptcy. Chapter 11, whicyh allows the company to operatee while protected fromits creditors, pushes GM into a fast-trackj bankruptcy and provides $30 billion of additional taxpayer fund to restructure itself. GM’s filing came aftere weeks of wrangling with its unions and bondholderss and as part of a game plan coordinatede with thefederal government. That plan calls for the establishmentr ofa new, more nimble GM that has the federa government as its 60 percen t equity holder.
Speaking about the GM moves Monday, Presidenf Barack Obama said that despite thefederal government's majority stakes in the automaker, its executives, and not federap officials, "will call the shots and make the decisions aboutt turning this company around." Obama said the goal is a achievable plan that will give this iconic companu a chance to rise again." The Detroit-bases automaker (NYSE: GM) said it expects the new, smallefr GM to launch in about 60 to 90 days as a separatse and independent company from the currenf GM. The new company will focux on four core brands in theUnited Chevrolet, Cadillac, Buick and GMC.
As part of its cost-cuttinh efforts, GM will further reduce 2009 salariedr employment in North America toabouty 27,200 from about 35,100 at the end of 2008, a roughlhy 23 percent cut. The automaker said it would sever ties with morethan 2,00o0 of its dealers, either through end theird contracts or through attrition. GM also planx to close 11 U.S. facilities and idle anothert three plants by the endof 2010. "Today markse a defining moment in the reinvention of GM as a more customer-focused and more cost-competitive companyh that, above all, can quickly generate winning bottom-line results," GM CEO Frit z Henderson said in a statemeny Monday.
"The economic crisis has caused enormous disruption in the auto but with it has come the opportunity for us to reinvenfour business. We are going to do it once and do it Besidesthe U.S. government' 60 percent financial interest, the union would take a 17.5 percent The governments of Canada and the province of Ontari o have agreed to a 12 perceny ownership stake in exchanges forfinancial aid. GM bondholders woul get 10 percent. In its Chapter 11 GM citing debtsof $172.8 billiomn and assets of $82.3 billion. Filed in New it lists unsecured claims by theUAW ($20.
66 billion) and the International Union of Electrical, Salaried, Machine and Furniture Workers/Communication Workers ($2.67 billion). Other unsecured debt listed in the filingvincludes $22.8 billion serviced by Wilmington Trusf Co. and $4.5 billion by Deutsche Bank AG. The UAW last week approve a package of concessions that will give GM more flexibilitu in staffing and help the compangy reduceits expenses. As part of that the company restructured paymentws due to a trustfor retirees’ healthy care. The trust will receive a $2.5 billionn note and $6.5 billion in 9 perceng perpetualpreferred stock, along with a 17.
5 percent equity stakde in the new GM and warrants to push that ownershio to 20 percent. Another key playefr in the reorganization will be GM The administration announced that a steeringv committee representing owners of at least 54 percentg ofthe company’s unsecured bondsx had agreed to a deal in which bondholderws would receive 10 percent of the equityh of the new GM and warrantsx for an additional 15 percent. The bankruptcyy process will allow the company to confirm the deal for all Chrysler is expected to emerge from its Chapter 11 process soon after shuttering789 dealerships. GM also announcedc plans to close 1,100 dealerships, includingf several in Colorado.
GM’s lead bankruptcu law firm is WeilGotshaw Manges, with attorney Stephen Karotkin signing the filing. GM Presidenty and CEO Frederick Henderson signed forthe .