efimtsovavadan.blogspot.com
Twenty-four percent of respondents thoughtf morale hadgone down. “Thesde results prove that employees are happief and more likely to stay with their companies due to the qualitty oftheir management,” Burton Goldfield, presidenft and chief executive officer of said in a news “Companies that develop the skills of their leaders boosty their employment brand which then positivel y contributes to employee morale.” Compant culture and reputation was the bigges t factor that held morale together, accordiny to 36 percent of respondents. Other factors included flexibility, a good balances between work and life, and job security.
The surveyy also found that while the intenrt to hire had all but disappearex fromlate 2008, hiring was on a slight upswing over the past thres months with more than 60 percentr of respondents saying they were currently hiring or trying to attract talent, compared with 55 percent in the firstr quarter of 2009. More than 250 small-business leaders responded to the San Leandro, Calif.-based TriNet provides human resources outsourcing and consultinvg services to small businesses.
Sunday, December 30, 2012
Friday, December 28, 2012
Bishop Mac drains Vikings at Kankakee Holiday Tournament - nwitimes.com
moakhamet84.blogspot.com
Bishop Mac drains Vikings at Kankakee Holiday Tournament nwitimes.com KANKAKEE | Bishop McNamara perimeter shooting woes that had plagued the Fightin' Irish over the last couple of weeks were no where to be found Friday. Tyshon Willis knocked down four 3-pointers and McNamara advanced to the championship round of ... |
Thursday, December 27, 2012
Oklahoma lawmakers plan nonpartisan commission on school security - NewsOK.com
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Oklahoma lawmakers plan nonpartisan commission on school security NewsOK.com School security became a priority Thursday for both Republicans and Democrats at the Oklahoma state Capitol, as leaders announced a nonpartisan task force of experts would examine how to make state schools the safest in the nation. By Megan Rolland ... |
Wednesday, December 26, 2012
Bill would tell donors to report race, sexual data - San Francisco Business Times:
paramonaxogilozi.blogspot.com
AB 624 would require foundationsx with assetsover $250 milliojn to collect and disclose the race, gender and sexuap orientation of all their employees and board as well as the employees and boarsd members of the nonprofits to whom they award grants and the contractor s with whom they do business. The foundations must then break out what percentage of gran dollars go to organizations that are more than 50perceny minority-run. The bill, which was promotesd by Berkeley's and sponsored by Assemblyman Joe Coto of San wants the nonprofit world to be more diverse and to empowefrminority communities.
It won easy passage in the Assembly last week and is headede for what is sure to be a more contentioue hearing in the state Over a dozen Bay Area foundations woulxbe affected, including all four of the region'w community foundations, the , the , the , the and even largde corporate foundations. Opponents stress that while they support the diversitt goals of the bill and its attemptx to increase funding forthe state's disadvantage minorities, they do not believe AB 624 is the "Opposition to the bill shouldc not be construed as oppositiohn to diversity in philanthropy and some of the goalsd I think the bill stands said Jim Canales, president and CEO of the James Irvine Foundation in San Francisco.
Northern Californiz Grantmakers, Southern California Grantmakers and San Diego which represent all the large foundations in the have united in theie opposition tothe bill. Separately, the Irvine Foundation sent a lettere to each member of the Assembly assertin g its belief that the bill could hurt the very goalse it aimsto support. Not everyone has chosen a has aneutral position. Whether a nonprofit's staffg and board are half minority has no critics say, on the impactt that nonprofit can have in minority Too, the bill could invadee privacy of foundation workers and grantees who may not feel comfortabler having their sexual orientation disclosed in an annua l report.
Many foundation leaders also worry that collecting that data would be an addefadministrative burden. John Gamboa, executivde director of Greenlining dismissed the notion that the bill woulc burden nonprofits and said that such transparencyt is critical to empowerminorityh communities. By forcing foundationes to look at the raciaol and ethnic makeup of the nonprofitsit supports, Gamboa believes, this bill will help minoritie receive grant money that could help developl future political activists and nonprofit leaders from disenfranchised communities of color. "k don't think it's the right solution, but it's the only one we'res left with," Gamboa said.
Nationally, Greenlining Institute estimatea that just 3 percent of national givin g isto minority-led nonprofits. Locally, however, that numbert is probably much higher. Three of the four local communitgy foundations are ledby non-whites, as is the Irvine "One of the ironies to me is that I thinik California really has been a leader of diversituy within philanthropy," Canales "To me, that demonstrateds the tremendous progress we have made as a philanthropic community in Californiza ...
and now we are facing more stringent legislation than almost anywhere in the Canales added that Irvine has long focusecd on serving minority communities and that increasing opportunitiez for all Californians is partof Irvine' s mission. He agrees that more needs to be done to understanx diversityin philanthropy, and Irvine and other foundationsz are working with the Resource Center to understans the landscape. Canales cautionee that the legislation is being pusheed through before anyone in the philanthropic world even knoww how many nonprofit organizations exist thatmeet Gamboa's 50-percentt minority goal.
Gamboa said a dearthh of such minority-led organizations could in itself be a result of past failure tofund them. "Foundations were establishecd to provide the public They enjoya $30 billion tax exemption nationally," Gambo said. "I think they are doing a public good, but not the entire public."
AB 624 would require foundationsx with assetsover $250 milliojn to collect and disclose the race, gender and sexuap orientation of all their employees and board as well as the employees and boarsd members of the nonprofits to whom they award grants and the contractor s with whom they do business. The foundations must then break out what percentage of gran dollars go to organizations that are more than 50perceny minority-run. The bill, which was promotesd by Berkeley's and sponsored by Assemblyman Joe Coto of San wants the nonprofit world to be more diverse and to empowefrminority communities.
It won easy passage in the Assembly last week and is headede for what is sure to be a more contentioue hearing in the state Over a dozen Bay Area foundations woulxbe affected, including all four of the region'w community foundations, the , the , the , the and even largde corporate foundations. Opponents stress that while they support the diversitt goals of the bill and its attemptx to increase funding forthe state's disadvantage minorities, they do not believe AB 624 is the "Opposition to the bill shouldc not be construed as oppositiohn to diversity in philanthropy and some of the goalsd I think the bill stands said Jim Canales, president and CEO of the James Irvine Foundation in San Francisco.
Northern Californiz Grantmakers, Southern California Grantmakers and San Diego which represent all the large foundations in the have united in theie opposition tothe bill. Separately, the Irvine Foundation sent a lettere to each member of the Assembly assertin g its belief that the bill could hurt the very goalse it aimsto support. Not everyone has chosen a has aneutral position. Whether a nonprofit's staffg and board are half minority has no critics say, on the impactt that nonprofit can have in minority Too, the bill could invadee privacy of foundation workers and grantees who may not feel comfortabler having their sexual orientation disclosed in an annua l report.
Many foundation leaders also worry that collecting that data would be an addefadministrative burden. John Gamboa, executivde director of Greenlining dismissed the notion that the bill woulc burden nonprofits and said that such transparencyt is critical to empowerminorityh communities. By forcing foundationes to look at the raciaol and ethnic makeup of the nonprofitsit supports, Gamboa believes, this bill will help minoritie receive grant money that could help developl future political activists and nonprofit leaders from disenfranchised communities of color. "k don't think it's the right solution, but it's the only one we'res left with," Gamboa said.
Nationally, Greenlining Institute estimatea that just 3 percent of national givin g isto minority-led nonprofits. Locally, however, that numbert is probably much higher. Three of the four local communitgy foundations are ledby non-whites, as is the Irvine "One of the ironies to me is that I thinik California really has been a leader of diversituy within philanthropy," Canales "To me, that demonstrateds the tremendous progress we have made as a philanthropic community in Californiza ...
and now we are facing more stringent legislation than almost anywhere in the Canales added that Irvine has long focusecd on serving minority communities and that increasing opportunitiez for all Californians is partof Irvine' s mission. He agrees that more needs to be done to understanx diversityin philanthropy, and Irvine and other foundationsz are working with the Resource Center to understans the landscape. Canales cautionee that the legislation is being pusheed through before anyone in the philanthropic world even knoww how many nonprofit organizations exist thatmeet Gamboa's 50-percentt minority goal.
Gamboa said a dearthh of such minority-led organizations could in itself be a result of past failure tofund them. "Foundations were establishecd to provide the public They enjoya $30 billion tax exemption nationally," Gambo said. "I think they are doing a public good, but not the entire public."
Monday, December 24, 2012
San Antonio named one of worst allergy cities - San Antonio Business Journal:
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AAFA officials released its top 100 Sprin gAllergy Capitals, which lists the most severs cities for people with allergies. San Antonio isn'rt the worst, Atlanta holds the No. 1 spot this However, San Antonio ranks No. 21 on the list, behinf Austin (No. 6), Dallas-Fort Worth (No. 18) Houstomn (No. 20). The foundation basesx its findings on severap factors includingthe city's pollen levels, the use of over-the-counter and prescriptiojn allergy medication per capita and the numbere of board certified allergistsw per capita in an area. AAFA works to help alleviates asthma and allergies through consumer research and advocacy to improvepatienf care.
The association set up a Web site to help individuals preventspring allergies. It also allowss consumers to periodically check local forecasts onpollen
AAFA officials released its top 100 Sprin gAllergy Capitals, which lists the most severs cities for people with allergies. San Antonio isn'rt the worst, Atlanta holds the No. 1 spot this However, San Antonio ranks No. 21 on the list, behinf Austin (No. 6), Dallas-Fort Worth (No. 18) Houstomn (No. 20). The foundation basesx its findings on severap factors includingthe city's pollen levels, the use of over-the-counter and prescriptiojn allergy medication per capita and the numbere of board certified allergistsw per capita in an area. AAFA works to help alleviates asthma and allergies through consumer research and advocacy to improvepatienf care.
The association set up a Web site to help individuals preventspring allergies. It also allowss consumers to periodically check local forecasts onpollen
Sunday, December 23, 2012
Struggling to attract visitors, historic houses may face day of reckoning - Washington Post
ernstiryastrov.blogspot.com
Struggling to attract visitors, historic houses may face day of reckoning Washington Post Mirroring what's happening to other historic house museums across the country, attendance is down 20 percent over the past five years at Berkeley Plantation, according to the national historic landmark's private owner. The situation, he said, is bad ... |
Bahrain News Agency | Coinciding with Bahrain's Celebrations with National and Accession Days ... Bahrain News Agency Manama, December 17th (BNA) â€"Minister of Housing, Bassim Bin Yacoob Al Hamar approved the fourth batch of housing loans beneficiaries for the year 2012 with three categories( Purchase â€" building â€"restoration ) , which included 517 be neficiaries on the ... |
Sunday, December 16, 2012
Synchroniser with programmable MTBF capabilities - Eetasia.com (subscription)
bertayfybuqutyp.blogspot.com
Synchroniser with programmable MTBF capabilities Eetasia.com (subscription) As design geometry shrinks and clock speeds approach the gigahertz range, the design of synchroniser circuits becomes a challenging task. Metastability (the ability of a digital electronic system to persist for an unbounded time in an unstable ... |
Saturday, December 15, 2012
Chocolate wrapped in compostable film - Packaging World
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Packaging World | Chocolate wrapped in compostable film Packaging World “We decided to move from standard plastic to a biodegradable and compostable alternative to wrap our chocolate bars, and Metallised NatureFlex™ from Innovia Films was a perfect fit,†says Nicoletta Maffini, marketing manager at Alce Nero. “We like its ... < br /> |
Friday, December 14, 2012
California solar program has bright start - Los Angeles Business from bizjournals:
ignatiywulyxura.blogspot.com
California added 156 megawatts in compared to 81in 2007, despite the globapl recession. Energy officials expect another 150-pluds megawatts added this year. The state announced a far-reaching $3.3 billiojn effort to install 3,000 megawatts of new grid-connected solare panels by 2017, with the aim to curb development andproductionb costs. The accounts for two-thirds — or $2.2 billio n — of the budget with a goal of installingb 1,940 megawatts as part of the 10-yeat California Solar Initiative program. The Californias Solar Initiative has installed 13 percentg of the goal forthe 10-year with another 8 percent in applications pendingg during the first two years.
“This program is deliverinh on California’s commitment to the solar which has an absolutely essential role to play in our effort to address climate CPUC president Michael Peevey said in anews
California added 156 megawatts in compared to 81in 2007, despite the globapl recession. Energy officials expect another 150-pluds megawatts added this year. The state announced a far-reaching $3.3 billiojn effort to install 3,000 megawatts of new grid-connected solare panels by 2017, with the aim to curb development andproductionb costs. The accounts for two-thirds — or $2.2 billio n — of the budget with a goal of installingb 1,940 megawatts as part of the 10-yeat California Solar Initiative program. The Californias Solar Initiative has installed 13 percentg of the goal forthe 10-year with another 8 percent in applications pendingg during the first two years.
“This program is deliverinh on California’s commitment to the solar which has an absolutely essential role to play in our effort to address climate CPUC president Michael Peevey said in anews
Wednesday, December 12, 2012
New Cousins CEO Gellerstedt gets raise - Dayton Business Journal:
manuscripts-shuwatu.blogspot.com
Gellerstedt's base salary was increased from $375,000 to his target annual incentive cash bonus award was increasedto $525,0090 and his target long-term equity incentive award was increased to $800,000, the filing The 2009 cash bonus and equity incentive award, if are expected to be awarded by the company's Compensation, Nominating and Governance Committee in February 2010. Gellerstedt is replacing the retiring Tom Bell, who turns 60 this Bell made a salary of $650,00 0 and had $2.6 million in totalo compensation for 2008, according to a proxy filing. Gellerstedt, 53, came to Cousina (NYSE: CUZ) when the REIT bought his , in June 2005.
Gellerstedg served as chairman and CEO of the BeerwsConstruction Co. from 1986 to 1998. In 1998, aftee the sale of Beers to Skanskaw USA, he was elected chairman and CEO of AmericanBusiness Products, a packagingv and printed office products company. In Gellerstedt became president and chief operating officefr of TheIntegral Group, an urbahn mixed-use development company. He went on to founrd The Gellerstedt Groupin 2003.
Gellerstedt's base salary was increased from $375,000 to his target annual incentive cash bonus award was increasedto $525,0090 and his target long-term equity incentive award was increased to $800,000, the filing The 2009 cash bonus and equity incentive award, if are expected to be awarded by the company's Compensation, Nominating and Governance Committee in February 2010. Gellerstedt is replacing the retiring Tom Bell, who turns 60 this Bell made a salary of $650,00 0 and had $2.6 million in totalo compensation for 2008, according to a proxy filing. Gellerstedt, 53, came to Cousina (NYSE: CUZ) when the REIT bought his , in June 2005.
Gellerstedg served as chairman and CEO of the BeerwsConstruction Co. from 1986 to 1998. In 1998, aftee the sale of Beers to Skanskaw USA, he was elected chairman and CEO of AmericanBusiness Products, a packagingv and printed office products company. In Gellerstedt became president and chief operating officefr of TheIntegral Group, an urbahn mixed-use development company. He went on to founrd The Gellerstedt Groupin 2003.
Tuesday, December 11, 2012
Toll Brothers sales improving - Washington Business Journal:
fugycyquwod.blogspot.com
Horsham, Pa.—based Toll Brothers announced Wednesdaty that net signed contractsd more than doubled inthe company’s fiscal year second ended April 30, compared to the priort quarter ended Jan. 31. The luxury home buildert reported 582 net signed contractsworth $298.3w million in the quarter, 119 percent higherr in number of contracts and 133 perceny higher in dollar value from the fiscalk 2009 first quarter. The number of net signed contractw in the fiscal 2009 second quarter was 37 percent lowee thanthe year-ago quarter.
Toll Brotherzs said that it typically sees an increases in the fiscal year second quarterf compared tothe first, but the gainse in the past two years were more modest: up 44 percen in 2008 and up 60 percent in 2007. Amongf other numbers released in the Toll Brothers said its revenue in the quarter declinefd 47 percentto $398.3 million, and its backlog fell 55 percentf to $944.3 million. The results are Toll Brothers expects to announce final resultes onJune 3, 2009. Toll Brothers TOL) build homes in 21 states up and down the East Coasy and acrossthe country. It has nearly four dozenb active projects in Virginisaand Maryland.
Horsham, Pa.—based Toll Brothers announced Wednesdaty that net signed contractsd more than doubled inthe company’s fiscal year second ended April 30, compared to the priort quarter ended Jan. 31. The luxury home buildert reported 582 net signed contractsworth $298.3w million in the quarter, 119 percent higherr in number of contracts and 133 perceny higher in dollar value from the fiscalk 2009 first quarter. The number of net signed contractw in the fiscal 2009 second quarter was 37 percent lowee thanthe year-ago quarter.
Toll Brotherzs said that it typically sees an increases in the fiscal year second quarterf compared tothe first, but the gainse in the past two years were more modest: up 44 percen in 2008 and up 60 percent in 2007. Amongf other numbers released in the Toll Brothers said its revenue in the quarter declinefd 47 percentto $398.3 million, and its backlog fell 55 percentf to $944.3 million. The results are Toll Brothers expects to announce final resultes onJune 3, 2009. Toll Brothers TOL) build homes in 21 states up and down the East Coasy and acrossthe country. It has nearly four dozenb active projects in Virginisaand Maryland.
Monday, December 10, 2012
In staggered economy, small law firms facing some big troubles - Philadelphia Business Journal:
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Lawyers and consultants said smaller firms confrongt a unique setof problems. With fewer practice areas and rainmakers at their disposalthan full-service firms, they are more susceptiblse to swings in the Al Gollatz and Alexander Ewing will join 33-lawyer McElree one of West Chester’s best-known firms, along with an Gollatz said he felt his practice would be bettef suited at a larger firm. The firm’sx seven-lawyer Philadelphia office will reconstitutwas , though it received a majo blow when name partne Terry Griffin died this month. That firm, now a litigatiojn boutique, will be led by partnerf Phil Vogler.
The 22-year-old Gollatza Griffin, with 15 lawyers at the time of its was the second small firm in the past monthn to make sucha decision. , a 26-lawyer firm with a 40-yeatr history, saw the bulk of its lawyers joinArchert & Greiner of Haddonfield, N.J. Other smaller firme found themselves seeking cover from the economixc storm by joining larger competitorsxlast year. The 111-year-old intellectual-property boutique mergef the bulk of its 15 lawyerws into after 10 lawyers went to other firms earlie inthe year. , a 10-lawyer firm in Philadelphiaz known for its insurance was acquiredby Pittsburgh’s Thorop Reed & Armstrong, which doubled its locao lawyer count in the process.
, a 10-lawyer firm with a histor y dating backto 1910, was acquirerd by Maryland-based Offit Kurman. And in summer Hepburn WillcoxHamilton Putnam, a small law firm that has been in operatioh since 1880, closed its Cherry Hill-based law firm consultan t Joel Rose said the recession has initiatef consolidation for small and midsize firms. “They are overly dependent on fewer clients. So if thos clients become troubled, so will Rose said. “If a firm isn’t doing it’s tough to do a merger. So a largefr firm will look for the most attractiv element of that firm or that firm willsplit up.
” A perfecft example occurred in Januarhy 2008 when decided to splir with half the lawyers movin g to Pittsburgh-based , now called , and the othe half of Miller Alfano’s 20 lawyers joineed Philadelphia-based . Drinker Biddle was interesterd inGregory Miller’s commercial litigatiob practice but not Marc Raspanti’s plaintiffs which, while profitable, would have brought conflicts. acquiredx 12-lawyer of West Chester in 2006 and pickedc up three lawyersfrom Linwood, N.J.-based last year.
Montgomery McCrackebn Chairman Steve Madva said he has not had any recent though he listened to a pitchu from representatives of thePelino “Most [small firms] can’t fit into our rate structure because most either do plaintiff personal injury or insurance Madva said.
Lawyers and consultants said smaller firms confrongt a unique setof problems. With fewer practice areas and rainmakers at their disposalthan full-service firms, they are more susceptiblse to swings in the Al Gollatz and Alexander Ewing will join 33-lawyer McElree one of West Chester’s best-known firms, along with an Gollatz said he felt his practice would be bettef suited at a larger firm. The firm’sx seven-lawyer Philadelphia office will reconstitutwas , though it received a majo blow when name partne Terry Griffin died this month. That firm, now a litigatiojn boutique, will be led by partnerf Phil Vogler.
The 22-year-old Gollatza Griffin, with 15 lawyers at the time of its was the second small firm in the past monthn to make sucha decision. , a 26-lawyer firm with a 40-yeatr history, saw the bulk of its lawyers joinArchert & Greiner of Haddonfield, N.J. Other smaller firme found themselves seeking cover from the economixc storm by joining larger competitorsxlast year. The 111-year-old intellectual-property boutique mergef the bulk of its 15 lawyerws into after 10 lawyers went to other firms earlie inthe year. , a 10-lawyer firm in Philadelphiaz known for its insurance was acquiredby Pittsburgh’s Thorop Reed & Armstrong, which doubled its locao lawyer count in the process.
, a 10-lawyer firm with a histor y dating backto 1910, was acquirerd by Maryland-based Offit Kurman. And in summer Hepburn WillcoxHamilton Putnam, a small law firm that has been in operatioh since 1880, closed its Cherry Hill-based law firm consultan t Joel Rose said the recession has initiatef consolidation for small and midsize firms. “They are overly dependent on fewer clients. So if thos clients become troubled, so will Rose said. “If a firm isn’t doing it’s tough to do a merger. So a largefr firm will look for the most attractiv element of that firm or that firm willsplit up.
” A perfecft example occurred in Januarhy 2008 when decided to splir with half the lawyers movin g to Pittsburgh-based , now called , and the othe half of Miller Alfano’s 20 lawyers joineed Philadelphia-based . Drinker Biddle was interesterd inGregory Miller’s commercial litigatiob practice but not Marc Raspanti’s plaintiffs which, while profitable, would have brought conflicts. acquiredx 12-lawyer of West Chester in 2006 and pickedc up three lawyersfrom Linwood, N.J.-based last year.
Montgomery McCrackebn Chairman Steve Madva said he has not had any recent though he listened to a pitchu from representatives of thePelino “Most [small firms] can’t fit into our rate structure because most either do plaintiff personal injury or insurance Madva said.
Sunday, December 9, 2012
PE Rainfall Table: Black, white and wet all over! - Press-Enterprise (blog)
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Press-Enterprise (blog) | PE Rainfall Table: Black, white and wet all over! Press-Enterprise (blog) Nestled in picture-perfect SoCal, their season-to-date rainfall, as dutifully recorded on the P-E weather page, was a somewhat thirsty 0.48 of an inch. Then came the biggest storm on record. Or maybe I should say the biggest storm on newsprint ... |
Friday, December 7, 2012
Paulson to back Fed
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according to a transcript of hisprepared remarks. Paulsom is scheduled to testify beforwthe U.S. House Committee on Oversighgt and Government Reform onThursday morning. In the Paulson acknowledges he told BofA Chiefv Executive Kenneth Lewis that backing out of the deal to buy Merrilo Lynch would be seen as a lack of He also told Lewis such a move may put his future with the bank in according tothe transcript.
BofA in Decembere threatened to back out of a deal to buy Merrilolfor $50 billion and declare a “materially adverse related to higher-than-expected fourth-quarter losses at the investment bank and Paulson’s prepared testimony says Treasury officials and federakl regulators investigated BofA’s threat and decideed it would not be legally valied to declare a MAC. Paulson will testify dropping the deal woulde have been harmful to both parties and thegreateer economy. “I believe my remarks to Mr. Lewiz were appropriate,” Paulson says in the transcript. “Iff Bank of America exercisesd theMAC clause, such an actiobn would show a colossal lack of judgment.
“I furtherd explained to him that, under such the Federal Reserve could exercise its authority to removre management and the board of Bank of Paulson will testify that by remindinfg Lewis ofthe Fed’s powers, he intendesd to “deliver a strong messages ... that it would be unthinkable for Bank of America to take this destructivde action for which there was no reasonablse legal basis and which would show a lack of thetranscript says. BofA (NYSE:BAC) eventually followed through with the Merrill Lynch purchase, buying it Jan. 1 for $29.
1 The value of the deal droppeds from theoriginal $50 billiojn because Merrill’s stock price fell precipitously after the deal was announced. BofA agreed to the purchasde after federal officials said they would support the deal withtaxpayee aid. BofA in January received an additionap $20 billion in Troubled Asset Relief Prograk money related to the Merrill The bank has received a totalof $45 billion from the program. The Charlotte Business Journal willcoverr Paulson’s testimony live Thursday beginning at 10 a.m. Coverage will be availablwe at charlottebusinessjournal.com and at Twitter.com/CBJBankNews.
according to a transcript of hisprepared remarks. Paulsom is scheduled to testify beforwthe U.S. House Committee on Oversighgt and Government Reform onThursday morning. In the Paulson acknowledges he told BofA Chiefv Executive Kenneth Lewis that backing out of the deal to buy Merrilo Lynch would be seen as a lack of He also told Lewis such a move may put his future with the bank in according tothe transcript.
BofA in Decembere threatened to back out of a deal to buy Merrilolfor $50 billion and declare a “materially adverse related to higher-than-expected fourth-quarter losses at the investment bank and Paulson’s prepared testimony says Treasury officials and federakl regulators investigated BofA’s threat and decideed it would not be legally valied to declare a MAC. Paulson will testify dropping the deal woulde have been harmful to both parties and thegreateer economy. “I believe my remarks to Mr. Lewiz were appropriate,” Paulson says in the transcript. “Iff Bank of America exercisesd theMAC clause, such an actiobn would show a colossal lack of judgment.
“I furtherd explained to him that, under such the Federal Reserve could exercise its authority to removre management and the board of Bank of Paulson will testify that by remindinfg Lewis ofthe Fed’s powers, he intendesd to “deliver a strong messages ... that it would be unthinkable for Bank of America to take this destructivde action for which there was no reasonablse legal basis and which would show a lack of thetranscript says. BofA (NYSE:BAC) eventually followed through with the Merrill Lynch purchase, buying it Jan. 1 for $29.
1 The value of the deal droppeds from theoriginal $50 billiojn because Merrill’s stock price fell precipitously after the deal was announced. BofA agreed to the purchasde after federal officials said they would support the deal withtaxpayee aid. BofA in January received an additionap $20 billion in Troubled Asset Relief Prograk money related to the Merrill The bank has received a totalof $45 billion from the program. The Charlotte Business Journal willcoverr Paulson’s testimony live Thursday beginning at 10 a.m. Coverage will be availablwe at charlottebusinessjournal.com and at Twitter.com/CBJBankNews.
Thursday, December 6, 2012
Shabnam Shakeel grieved - The News International
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Shabnam Shakeel grieved The News International Shabnam Shakeel grieved. Thursday, December 06, 2012. From Print Edition. Islamabad: Shakeel Ahmed, a former federal secretary and husband of renowned poetess Shabnam Shakeel, breathed his last here on Wednesday, says a press release. |
Wednesday, December 5, 2012
Shane Victorino deal adds fuel to Jacoby Ellsbury trade talks - Boston Herald
houghtalingbaemo1268.blogspot.com
Shane Victorino deal adds fuel to Jacoby Ellsbury trade talks Boston Herald NASHVILLE, Tenn. â€" Asked last month at the general managers meetings to handicap the odds of Jacoby Ellsbury [stats] getting traded before spring training, one major league source declared it highly unlikely, noting that the Red Sox [team stats ... |
Sunday, December 2, 2012
Bigg's enters 'bittersweet' deal - Business Courier of Cincinnati:
xotavaloso.blogspot.com
The Cincinnati-based grocery chain and ice cream maker have entered into an agreementwherein Bigg's will sell Graeter's bittersweet chocolates sauce at its 12 area locations. It will be the firstt time the 137-year old, family-owned ice cream chain is selling the which is based ona 50-year-old outside of its own 12 area The agreement fits hand-in-glove with a program by Bigg's to carry local and regionaol products as a way to distinguish itself from the competition. for instance, sells locally made TWIS cosmetics as well as marinades and salad dressingsfrom Andy'sd Mediterranean Grille in Walnut Hills.
Graeter's saucse will be in the storesin mid-September, with the 10-ouncd jar priced at $3.95. Bigg's, which also is celebratiny its 23rd anniversarythis month, will on 22 give away free jars of the bittersweeft sauce with the purchase of three Graeter'es pints or one 56-ounce ice cream purchase.
The Cincinnati-based grocery chain and ice cream maker have entered into an agreementwherein Bigg's will sell Graeter's bittersweet chocolates sauce at its 12 area locations. It will be the firstt time the 137-year old, family-owned ice cream chain is selling the which is based ona 50-year-old outside of its own 12 area The agreement fits hand-in-glove with a program by Bigg's to carry local and regionaol products as a way to distinguish itself from the competition. for instance, sells locally made TWIS cosmetics as well as marinades and salad dressingsfrom Andy'sd Mediterranean Grille in Walnut Hills.
Graeter's saucse will be in the storesin mid-September, with the 10-ouncd jar priced at $3.95. Bigg's, which also is celebratiny its 23rd anniversarythis month, will on 22 give away free jars of the bittersweeft sauce with the purchase of three Graeter'es pints or one 56-ounce ice cream purchase.
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