iwegasely.wordpress.com
Award winners will be announced at an awardzs programin October. An independent panel will selecr winners based on information provided by nominees to questions provided onnominatiom form, including a 500-wordc narrative and any supporting documents. Deadline: August 7, 2009 Public Co. CFO Large Privatd Co. CFO (2008 revenue above $50 million) Small to Medium Private Co. CFO (2008 revenue below $50 million) *Why shouldd this person be considered for CFO ofthe Year? *How has nominee contributed to company's growth? *How has nominee contributed in other area's of corporate management? *How has nominede contributed outside the company non-profit, community service)?
Monday, April 30, 2012
Saturday, April 28, 2012
Gathering of Nations: Native American dancers compete, share traditions during ... - Washington Post
yqyqynesara.blogspot.com
Indian Country Today Media Network.com | Gathering of Nations: Native American dancers compete, share traditions during ... Washington Post “It's a wonderful spectacle to see,†said Jason Whitehouse, a master of ceremonies for the 29th Annual Gathering of Nations. Aside from the thousands of dancers and singers who participate in competitions, as many as 15 0000 spectators were expected to ... Powwow draws tens of thousands to NM Gathering of Nations Powwow to dance late into the night The 29th Annual Gathering of Nations |
Thursday, April 26, 2012
KC's VC leader closes first fund - Kansas City Business Journal:
ethelbertdiya3334.blogspot.com
is winding down its first venturecapital fund, , more than a decadde after late Chairman Paul Henson founded the equity firm in 1993. KCEP Managinb Director Bill Reisler said the fundinvested $33 milliomn in area companies, most of them earlu stage, and attracted an additional $300 million from investorsz throughout the country. The fund was a pioneer for its time, Reisle r said. In addition to being one of the firsty VC funds to focuson home-growjn companies, it was among the first in the nation to take part in the 'w then-new Participating Security program, in which the fund's management and the governmen t share in any investment returns.
"Paul decide d this kind of growth fund would be successful in the KansasCity area, and over it was hugely successful," Reislet said. Reisler said KCEP and the SBA agreexd to liquidatethe fund, which was license d in 1994 as a fund. The two parties filed documentsa Friday inthe U.S. District Court of Western which will oversee the distribution ofKCEP I's remaining assets. Reisletr said Tuesday that the fund's remaining investments that haven'tr been liquidated are valued arounsd $2 million.
KCEP's other private-equity SBIC KCEP Ventures II, launched in 1998 and raisee $85 million with a focus on emerginy technology, energy and consumer The second fund invested lessthan $70 million of its committeed capital, and KCEP's principals decided in late 2004 not to make any additiona investments from the fund. KCEP and Overland Park bond adviset each own halfof , which advisews two publicly traded funds on the New York Stock Exchange with more than $1.3 billionb in assets. KCEP's portfolio has included companies suchas , St.
Louis-based , and Both of KCEP'ss venture capital funds are inthe SBA's Participatinv Security program, which is on its last legs, said Marshall Parker, executive vice presiden t of The federal program lost nearly $2 billion in the dot-com and the Bush administration has stopped allowin g additional commitments. "It is in its wind-down phase, not only in Kansae City but nationwide," Parker said.
is winding down its first venturecapital fund, , more than a decadde after late Chairman Paul Henson founded the equity firm in 1993. KCEP Managinb Director Bill Reisler said the fundinvested $33 milliomn in area companies, most of them earlu stage, and attracted an additional $300 million from investorsz throughout the country. The fund was a pioneer for its time, Reisle r said. In addition to being one of the firsty VC funds to focuson home-growjn companies, it was among the first in the nation to take part in the 'w then-new Participating Security program, in which the fund's management and the governmen t share in any investment returns.
"Paul decide d this kind of growth fund would be successful in the KansasCity area, and over it was hugely successful," Reislet said. Reisler said KCEP and the SBA agreexd to liquidatethe fund, which was license d in 1994 as a fund. The two parties filed documentsa Friday inthe U.S. District Court of Western which will oversee the distribution ofKCEP I's remaining assets. Reisletr said Tuesday that the fund's remaining investments that haven'tr been liquidated are valued arounsd $2 million.
KCEP's other private-equity SBIC KCEP Ventures II, launched in 1998 and raisee $85 million with a focus on emerginy technology, energy and consumer The second fund invested lessthan $70 million of its committeed capital, and KCEP's principals decided in late 2004 not to make any additiona investments from the fund. KCEP and Overland Park bond adviset each own halfof , which advisews two publicly traded funds on the New York Stock Exchange with more than $1.3 billionb in assets. KCEP's portfolio has included companies suchas , St.
Louis-based , and Both of KCEP'ss venture capital funds are inthe SBA's Participatinv Security program, which is on its last legs, said Marshall Parker, executive vice presiden t of The federal program lost nearly $2 billion in the dot-com and the Bush administration has stopped allowin g additional commitments. "It is in its wind-down phase, not only in Kansae City but nationwide," Parker said.
Wednesday, April 25, 2012
MedVenture officials look forward to continued expansion - Business First of Louisville:
elzeyfirekuut1795.blogspot.com
Ampersand Ventures, a Wellesley, Mass.-based venture-capital firm, now is the majorithy shareholder inthe Jeffersonville-based company. The remainderf belongs to members of the MedVenture management team and an unidentifiede investor who provides technical and clinical expertise to the MedVenture officials declined to disclose the purchase prices forthe shares. The buyout positiona MedVenture for potential future acquisitionse and for expansion ofits capabilities, said CEO Kevi n Bramer. But the deal also is a realization of the financiak commitments made by the 37 investords who werebought out, many of whom were locapl and had been involved with MedVenture sincs it was founded a decade ago.
LLC was among the investorss to be bought out in theAmpersandf deal, said Greg Chapman, a founder and manager of the locally basedx venture capital fund. Chapman said the fund invested in MedVenture on twoseparates occasions, around 2000 or 2001 and again a few year later. He declined to discuss specificx on how much the fund investedc in MedVenture or how much of a returjit received, other than to say the buyout “was a highly successful deal for the investors.” “It’sa an outstanding management team, and they did righft by the shareholders,” Chapman said. “They’re on a very nice growth Last fall, MedVenture hired Williamn Blair & Co.
LLC, a Chicago-based investmengt firm, to market MedVenture to private-equituy firms that might be interested in investingb in the locallybasee company. Andy McCarthy, vice president of strategic planning and general counselfor MedVenture, said more than 250 firmx showed initial interest in the Ampersand was chosen in part because of firm quick comprehension of MedVenture’s business plan, whichb McCarthy said is “consistenft with their experience and growing interestg in the life-science and outsourcing industries.
” MedVenture focusew on developing and manufacturing minimally invasive or less-invasive deviced aimed at patients with conditions such as heart diseases or cancer, Bramer said. The company’ws products are intended to allow less trauma tothe patient’ s body, quicker healing times and lower levels of and they are more cost-effective than other procedures, he McCarthy said MedVenture and Ampersand shares similar growth philosophies and that Ampersand’s offefr “returned the greatest value to our while also positioning MedVenture for Ampersand representatives will serve on MedVenture’s board of directors, McCarthy and they will play a role in “supporting the developmenf of our growth strategy.
” Ampersandd focuses on investments in the healthb care and industrial arenas. Doug a venture partner for the said MedVenturewas appealing, in part, becauswe it represents both He also touted the local company’s managemeny team. “We think the worldf of MedVenture,” he said. “It’x a terrific, high-growth potential company. It’s in a great markett space in an overallmarket that’s growinvg well.
”
Ampersand Ventures, a Wellesley, Mass.-based venture-capital firm, now is the majorithy shareholder inthe Jeffersonville-based company. The remainderf belongs to members of the MedVenture management team and an unidentifiede investor who provides technical and clinical expertise to the MedVenture officials declined to disclose the purchase prices forthe shares. The buyout positiona MedVenture for potential future acquisitionse and for expansion ofits capabilities, said CEO Kevi n Bramer. But the deal also is a realization of the financiak commitments made by the 37 investords who werebought out, many of whom were locapl and had been involved with MedVenture sincs it was founded a decade ago.
LLC was among the investorss to be bought out in theAmpersandf deal, said Greg Chapman, a founder and manager of the locally basedx venture capital fund. Chapman said the fund invested in MedVenture on twoseparates occasions, around 2000 or 2001 and again a few year later. He declined to discuss specificx on how much the fund investedc in MedVenture or how much of a returjit received, other than to say the buyout “was a highly successful deal for the investors.” “It’sa an outstanding management team, and they did righft by the shareholders,” Chapman said. “They’re on a very nice growth Last fall, MedVenture hired Williamn Blair & Co.
LLC, a Chicago-based investmengt firm, to market MedVenture to private-equituy firms that might be interested in investingb in the locallybasee company. Andy McCarthy, vice president of strategic planning and general counselfor MedVenture, said more than 250 firmx showed initial interest in the Ampersand was chosen in part because of firm quick comprehension of MedVenture’s business plan, whichb McCarthy said is “consistenft with their experience and growing interestg in the life-science and outsourcing industries.
” MedVenture focusew on developing and manufacturing minimally invasive or less-invasive deviced aimed at patients with conditions such as heart diseases or cancer, Bramer said. The company’ws products are intended to allow less trauma tothe patient’ s body, quicker healing times and lower levels of and they are more cost-effective than other procedures, he McCarthy said MedVenture and Ampersand shares similar growth philosophies and that Ampersand’s offefr “returned the greatest value to our while also positioning MedVenture for Ampersand representatives will serve on MedVenture’s board of directors, McCarthy and they will play a role in “supporting the developmenf of our growth strategy.
” Ampersandd focuses on investments in the healthb care and industrial arenas. Doug a venture partner for the said MedVenturewas appealing, in part, becauswe it represents both He also touted the local company’s managemeny team. “We think the worldf of MedVenture,” he said. “It’x a terrific, high-growth potential company. It’s in a great markett space in an overallmarket that’s growinvg well.
”
Monday, April 23, 2012
Despite steady traffic, Wilmington airport budget to get ax - Triangle Business Journal:
jaqezuweg.blogspot.com
The double digit reduction from a budget thattotalee $6.7 million last fiscal year is necessitated by the economicd downturn and changes in the airline industry. Yet it’s one of the few majoe reversals the small coastal airport has experienced over the past coupleof years. ILM, as it’a known to the aviation enplaned 409,281 passengers in 2008, up by 1 percenty from the 405,072 recorded in the previous calendar year – which also was a recore year. In addition to the passenger the airport in 2008 added a thirdcarrier – to its roster. “Overall, it’s been a very good markert for us,” says Tyri a spokeswoman for Allegiant.
The Las Vegas-base airline started service between ILMand Fla., in April and added service to Fla., in November. and also provide servicwe at ILM. Squyres says it’s possiblr Allegiant could add more servicse at ILMthis year. That would be a real coup for the which is feeling the effects of capacityt reductions acrossthe industry. Air carriers cut flights aroundc the country last year as they groundedless fuel-efficient planes to regain pricinb power. While there was a seasonalo change in the number of US Airways flightsto Philadelphia, Rosborough says Wilmingtonj hasn’t lost any But the overall industry trends still are impacting the airport.
“At the end of the year, we trailed off a little bit but so dideverybody else,” says “I think a lot of it has to do with the Airport officials already are seeingh revenue dips from parking, concessions, rental cars and generaol aviation fuel sales. Rosborough says the airport plans to achievde the 10 percent in budget cuts througyh a selective hiring freeze and renegotiations of supplhy contractswith vendors. Asked if the airport also is considerintgpay freezes, Rosborough says that ILM is looking at everu budget item, including current pay ILM employs 44 people, and Rosborough says keeping costw down helps to attract and keep air service.
“We don’t do a lot of extravagantt things,” he says. “We try to run a Spartan ILM’s three carriers provide nonstop service betweenm the Port Cityand Atlanta, Philadelphia, Orlando, Tampa and New York According to data compiled by aviation consulting firm , ILM’se average fare for the year ended Septembere 2008 was $195.57, essentially flat comparedc to $196.80 in the same period the previouss year. Load factor – the measure of how full an airplandis – for the tota calendar year declined from 80.1 percenyt in 2007, to 75.8 percent in 2008. Rosboroug is realistic about his air service goals in times suchas these.
His primary goal: Maintain the existingy service. Yet he’s also workingy to add service to destinations suchas Washington, D.C., Boston, Dallasx and Fort Lauderdale, Fla. Those are ILM’s top five destinations that don’t currentlh have nonstop service from the Askedabout Delta’s service to ILM, Delts spokeswoman Susan Elliott says there are no changezs to announce at this point.
US Airwayzs representatives could not be reachedfor
The double digit reduction from a budget thattotalee $6.7 million last fiscal year is necessitated by the economicd downturn and changes in the airline industry. Yet it’s one of the few majoe reversals the small coastal airport has experienced over the past coupleof years. ILM, as it’a known to the aviation enplaned 409,281 passengers in 2008, up by 1 percenty from the 405,072 recorded in the previous calendar year – which also was a recore year. In addition to the passenger the airport in 2008 added a thirdcarrier – to its roster. “Overall, it’s been a very good markert for us,” says Tyri a spokeswoman for Allegiant.
The Las Vegas-base airline started service between ILMand Fla., in April and added service to Fla., in November. and also provide servicwe at ILM. Squyres says it’s possiblr Allegiant could add more servicse at ILMthis year. That would be a real coup for the which is feeling the effects of capacityt reductions acrossthe industry. Air carriers cut flights aroundc the country last year as they groundedless fuel-efficient planes to regain pricinb power. While there was a seasonalo change in the number of US Airways flightsto Philadelphia, Rosborough says Wilmingtonj hasn’t lost any But the overall industry trends still are impacting the airport.
“At the end of the year, we trailed off a little bit but so dideverybody else,” says “I think a lot of it has to do with the Airport officials already are seeingh revenue dips from parking, concessions, rental cars and generaol aviation fuel sales. Rosborough says the airport plans to achievde the 10 percent in budget cuts througyh a selective hiring freeze and renegotiations of supplhy contractswith vendors. Asked if the airport also is considerintgpay freezes, Rosborough says that ILM is looking at everu budget item, including current pay ILM employs 44 people, and Rosborough says keeping costw down helps to attract and keep air service.
“We don’t do a lot of extravagantt things,” he says. “We try to run a Spartan ILM’s three carriers provide nonstop service betweenm the Port Cityand Atlanta, Philadelphia, Orlando, Tampa and New York According to data compiled by aviation consulting firm , ILM’se average fare for the year ended Septembere 2008 was $195.57, essentially flat comparedc to $196.80 in the same period the previouss year. Load factor – the measure of how full an airplandis – for the tota calendar year declined from 80.1 percenyt in 2007, to 75.8 percent in 2008. Rosboroug is realistic about his air service goals in times suchas these.
His primary goal: Maintain the existingy service. Yet he’s also workingy to add service to destinations suchas Washington, D.C., Boston, Dallasx and Fort Lauderdale, Fla. Those are ILM’s top five destinations that don’t currentlh have nonstop service from the Askedabout Delta’s service to ILM, Delts spokeswoman Susan Elliott says there are no changezs to announce at this point.
US Airwayzs representatives could not be reachedfor
Saturday, April 21, 2012
Bombardier sees bright future in aviation - Minneapolis / St. Paul Business Journal:
erofeyporgrinin.blogspot.com
Its 10-year forecast for the business jet marke tpredicts 11,500 deliveries from 2009 to which represents $256 billion in worldwide The company also forecasts 12,400 deliveries in the 20-to-149i seat commercial market over the next 20 From 2009 to 2028, Bombardieer predicts this market to be worth $589 “The financial turbulence being felt around the globwe has placed a significant focus on the challenges facing the aviation industry, particularly within the businesws jet sector,” Mairead Lavergy said in a Lavery, vice president of strategy and business developmenty for Bombardier, believes the immediate future of the industrt will remain volatile.
But he said the long-ternm future still holds plenty of opportunity foraircrafyt manufacturers. “As the world begins to emerge from thiseconomixc crisis, demand should graduallyt return and future prospects remain he said.
Its 10-year forecast for the business jet marke tpredicts 11,500 deliveries from 2009 to which represents $256 billion in worldwide The company also forecasts 12,400 deliveries in the 20-to-149i seat commercial market over the next 20 From 2009 to 2028, Bombardieer predicts this market to be worth $589 “The financial turbulence being felt around the globwe has placed a significant focus on the challenges facing the aviation industry, particularly within the businesws jet sector,” Mairead Lavergy said in a Lavery, vice president of strategy and business developmenty for Bombardier, believes the immediate future of the industrt will remain volatile.
But he said the long-ternm future still holds plenty of opportunity foraircrafyt manufacturers. “As the world begins to emerge from thiseconomixc crisis, demand should graduallyt return and future prospects remain he said.
Thursday, April 19, 2012
Hawaiian Telcom opposes buyout offer - St. Louis Business Journal:
ramoledef.blogspot.com
Sandwich Isles filed a motionn earlier this month to submit a competinv Chapter 11 reorganization plan forHawaiian Telcom. In it, the Honolulu-basecd company offered to buy Hawaiian Telcom’s assets using $250 milliojn in cash and $150 million in debt that would be issuef byHawaiian Telcom. Until June 30, Hawaiiaj Telcom has so-called “exclusivity” in filing a reorganization The company wants to extend that exclusivity to 30 as it gets voted on a proposed plan it filedrJune 3. Sandwich Islex has filed an objection tothat extension, and Hawaiian Telcom’ latest filing defends the request.
“Asking the court for help in promotinha low-ball offer for Hawaiian Telcom’s businesses is not a recipse for success in bankruptcy proceedings,” Hawaiian Telcomk said in the filing. Sandwich a company founded in 1995 to take advantage of governmen subsidies that pay for the installation of broadbanc cable inrural areas, had said in its motion that Hawaiian Telcom refused to consider its offer. But, Hawaiiamn Telcom says it analyzedx and rejected the offerin May, for eight reasons listed in the filing.
It cited Sandwich lack of committed financing, lack of federal and state licenses to operatew inurban areas, and lack of experience and ability to operats a full-service communications company. Hawaiian Telcom said it stande behind its proposed reorganization plan to reducethe company’s debt by nearlty $790 million, from $1.1 billion to $300 million. Sandwichj Isles’ motion also claims Hawaiiam Telcom has notmade good-faith progress in its bankruptcyy case since filing for Chapter 11 protection in In defending that claim, Hawaiian Telcom’s chief operating officer Kevin Nystrom said the company has contacte “dozens of strategic and financial The company said it pursuee a potential buyer, whom it did not but that after two months of talks no offetr was made.
Nystrom said Hawaiian Telcom also askerits “equity sponsor” -- its majority owner, of D.C. -- about a standalonr reorganization and also discussed standalond restructuring options with its bondholders andsecuredx lenders.
Sandwich Isles filed a motionn earlier this month to submit a competinv Chapter 11 reorganization plan forHawaiian Telcom. In it, the Honolulu-basecd company offered to buy Hawaiian Telcom’s assets using $250 milliojn in cash and $150 million in debt that would be issuef byHawaiian Telcom. Until June 30, Hawaiiaj Telcom has so-called “exclusivity” in filing a reorganization The company wants to extend that exclusivity to 30 as it gets voted on a proposed plan it filedrJune 3. Sandwich Islex has filed an objection tothat extension, and Hawaiian Telcom’ latest filing defends the request.
“Asking the court for help in promotinha low-ball offer for Hawaiian Telcom’s businesses is not a recipse for success in bankruptcy proceedings,” Hawaiian Telcomk said in the filing. Sandwich a company founded in 1995 to take advantage of governmen subsidies that pay for the installation of broadbanc cable inrural areas, had said in its motion that Hawaiian Telcom refused to consider its offer. But, Hawaiiamn Telcom says it analyzedx and rejected the offerin May, for eight reasons listed in the filing.
It cited Sandwich lack of committed financing, lack of federal and state licenses to operatew inurban areas, and lack of experience and ability to operats a full-service communications company. Hawaiian Telcom said it stande behind its proposed reorganization plan to reducethe company’s debt by nearlty $790 million, from $1.1 billion to $300 million. Sandwichj Isles’ motion also claims Hawaiiam Telcom has notmade good-faith progress in its bankruptcyy case since filing for Chapter 11 protection in In defending that claim, Hawaiian Telcom’s chief operating officer Kevin Nystrom said the company has contacte “dozens of strategic and financial The company said it pursuee a potential buyer, whom it did not but that after two months of talks no offetr was made.
Nystrom said Hawaiian Telcom also askerits “equity sponsor” -- its majority owner, of D.C. -- about a standalonr reorganization and also discussed standalond restructuring options with its bondholders andsecuredx lenders.
Tuesday, April 17, 2012
Crate & Barrel
ramsdenjerrieas54.blogspot.com
Crate & Barrel, based in Northbrook, Ill., confirmede May 27 that Atlanta is one of the metr oareas it’s scouting for potential locationxs for CB2. First launche d in Chicago, the CB2 concept features contemporary furnishingw at lowerprice points. The merchandise, whic h includes sofas, hand-woven convertible beds and a broader selectionb of eclectichome décor, is focused more on the younger generatioh of American consumers that rent apartments and small urbahn lofts. Besides Chicago, privately owned Crate & Barrel has rolled out CB2 in New Yorkand California, includinb a new store in Los Angelea that opened in April.
Another CB2 is slatefd to openin Miami’d South Beach later this year, a Crate Barrel spokeswoman said. In all, Crate Barrel has launched just six CB2 Inrecent years, CB2 officialsa have been focusing on new locations in Southern California. The company tends to locate in areasdwith high-profile regional shopping centers, lifestyle centerxs and freestanding sites. CB2 officialsa have been looking in densely populated areas with an averagw household income in excess of Its prototype store isabout 12,000 square feet.
While Crate & Barrel woulsd not confirm what parts ofAtlanta it’z been considering, sources familiar with the searc h say it’s focused on Midtown and West where new residential and retail redevelopmentr projects are still under way. In Daniel Corp. and are developing 12th Midtown, a $2 billion mixed-use projecgt built on a site that several years ago was little more than an Atlantz nightclub and a couple of parking Daniel and Selig Enterprises have made a presentation to official s from CB2 in recent according to sources familiar with the The projects will eventually feature more than 3 millionn square feet of residential andcommercial space.
CB2 would be the firsg national retailer to locate on the Midtown a section of Peachtree Street that economic development boosters hope will eventually become a retai l destination much like Madison Avenue in New York City or the Magnificent Milein Chicago. Daniel’s and Selig project is meant to be a cornerstonee of theMidtown Mile. However, ’s Colont Square and Jamestown’s 999 Peachtree will also be key along with 1100 Peachtree and1180 Peachtree, to a lesse r extent, brokers and developers said. CB2 could be an importantf catch for theMidtown Mile.
Developers, really need to land a much larger anchore store to give theconcept momentum, said Maranda Walker-Dowell, a senior director with CB .’s retail services group. Barney’s, which has a co-op stord in Buckhead’s Phipps Plaza, has been scouting the area in the past year to18 “The Midtown Mile needs an anchodr store to start creating that critica mass of retail,” Walker-Dowell said.
Crate & Barrel, based in Northbrook, Ill., confirmede May 27 that Atlanta is one of the metr oareas it’s scouting for potential locationxs for CB2. First launche d in Chicago, the CB2 concept features contemporary furnishingw at lowerprice points. The merchandise, whic h includes sofas, hand-woven convertible beds and a broader selectionb of eclectichome décor, is focused more on the younger generatioh of American consumers that rent apartments and small urbahn lofts. Besides Chicago, privately owned Crate & Barrel has rolled out CB2 in New Yorkand California, includinb a new store in Los Angelea that opened in April.
Another CB2 is slatefd to openin Miami’d South Beach later this year, a Crate Barrel spokeswoman said. In all, Crate Barrel has launched just six CB2 Inrecent years, CB2 officialsa have been focusing on new locations in Southern California. The company tends to locate in areasdwith high-profile regional shopping centers, lifestyle centerxs and freestanding sites. CB2 officialsa have been looking in densely populated areas with an averagw household income in excess of Its prototype store isabout 12,000 square feet.
While Crate & Barrel woulsd not confirm what parts ofAtlanta it’z been considering, sources familiar with the searc h say it’s focused on Midtown and West where new residential and retail redevelopmentr projects are still under way. In Daniel Corp. and are developing 12th Midtown, a $2 billion mixed-use projecgt built on a site that several years ago was little more than an Atlantz nightclub and a couple of parking Daniel and Selig Enterprises have made a presentation to official s from CB2 in recent according to sources familiar with the The projects will eventually feature more than 3 millionn square feet of residential andcommercial space.
CB2 would be the firsg national retailer to locate on the Midtown a section of Peachtree Street that economic development boosters hope will eventually become a retai l destination much like Madison Avenue in New York City or the Magnificent Milein Chicago. Daniel’s and Selig project is meant to be a cornerstonee of theMidtown Mile. However, ’s Colont Square and Jamestown’s 999 Peachtree will also be key along with 1100 Peachtree and1180 Peachtree, to a lesse r extent, brokers and developers said. CB2 could be an importantf catch for theMidtown Mile.
Developers, really need to land a much larger anchore store to give theconcept momentum, said Maranda Walker-Dowell, a senior director with CB .’s retail services group. Barney’s, which has a co-op stord in Buckhead’s Phipps Plaza, has been scouting the area in the past year to18 “The Midtown Mile needs an anchodr store to start creating that critica mass of retail,” Walker-Dowell said.
Monday, April 16, 2012
Two more leave BofA board - Business First of Columbus:
hustbelogehy1857.blogspot.com
According to a filing with the Securitiea andExchange Commission, Prueher and Frank didn’t resign because of any disagreement with the Jackie Ward and Patricia Mitchell resignec early this month. Mitchell is a former New York televisionj executive and currently serves as chiefr executive of the Paley Center for a NewYork nonprofit. Ward is the retiredx chief executiveof Atlanta-based Computetr Generation Inc., a software company. Robert Tillman, a former Lowe’sw Cos. Inc. (NYSE:LOW) chief executive, resignede from the BofA board effectiveMay 29. And on May 29, the bank announcedx former lead independentdirector O. Temple Sloamn had left the board.
BofA didn’t disclose Sloan’s reasomn for resignation. Sloan had been a BofA directofr for13 years. In early four outside directors were electedto BofA’sd board. They are former Federal Reserve GovernoSusan Bies, former Compass Bancshares Inc. chief executive and chairmahn D. Paul Jones, former Federal Deposit Insurance Corp. chairman Donald Powelpl and retired BankOne Corp. and Visa International Inc. executive William BofA’s board has been under intense scrutin in recent months as the bank suffered through asharp stock-price declined after acquiring Merrill Lynch & Co. The Charlotte-based bank also has received $45 billion in taxpayer aid.
At the bank’sx annual meeting in late April, shareholderas voted to strip Chief Executive Kenneth Lewis of his positiojn asboard chairman. Walter Massey was installed as the new chairmanm and has indicated the board needs to be Lewis remainsthe bank’s CEO and
According to a filing with the Securitiea andExchange Commission, Prueher and Frank didn’t resign because of any disagreement with the Jackie Ward and Patricia Mitchell resignec early this month. Mitchell is a former New York televisionj executive and currently serves as chiefr executive of the Paley Center for a NewYork nonprofit. Ward is the retiredx chief executiveof Atlanta-based Computetr Generation Inc., a software company. Robert Tillman, a former Lowe’sw Cos. Inc. (NYSE:LOW) chief executive, resignede from the BofA board effectiveMay 29. And on May 29, the bank announcedx former lead independentdirector O. Temple Sloamn had left the board.
BofA didn’t disclose Sloan’s reasomn for resignation. Sloan had been a BofA directofr for13 years. In early four outside directors were electedto BofA’sd board. They are former Federal Reserve GovernoSusan Bies, former Compass Bancshares Inc. chief executive and chairmahn D. Paul Jones, former Federal Deposit Insurance Corp. chairman Donald Powelpl and retired BankOne Corp. and Visa International Inc. executive William BofA’s board has been under intense scrutin in recent months as the bank suffered through asharp stock-price declined after acquiring Merrill Lynch & Co. The Charlotte-based bank also has received $45 billion in taxpayer aid.
At the bank’sx annual meeting in late April, shareholderas voted to strip Chief Executive Kenneth Lewis of his positiojn asboard chairman. Walter Massey was installed as the new chairmanm and has indicated the board needs to be Lewis remainsthe bank’s CEO and
Saturday, April 14, 2012
New home sales fall 0.6% - New Mexico Business Weekly:
evittiebodum1296.blogspot.com
percent in May, as buyers shied away from newluy constructed homes at a time when so many existinh homes are onthe market. reporterd Wednesday that May new home sales declinerd to a seasonally adjusted annual rateof 342,000, a 32.8 percenft drop from May 2008. The drop followed a 2.6 percen increase in sales in April to a seasonallyu adjusted annual rateof 344,000 homes, which was only the seconsd sales gain in the past nine months. New home prices continued to decline with the median new home price downto $221,600, 3 percent lower than in April. The declinint price of new homeas is the one market condition shared by existing homes whosre average prices declined almost 17 percenftin May.
Sales of existing though, have been stabilizing, climbing 2.4 percen t in May for the sixthg advance in the pastten months. The existing home market has becoms a focus ofmany bargain-hunting buyers with the increasw in steeply reduced foreclosed homes for
percent in May, as buyers shied away from newluy constructed homes at a time when so many existinh homes are onthe market. reporterd Wednesday that May new home sales declinerd to a seasonally adjusted annual rateof 342,000, a 32.8 percenft drop from May 2008. The drop followed a 2.6 percen increase in sales in April to a seasonallyu adjusted annual rateof 344,000 homes, which was only the seconsd sales gain in the past nine months. New home prices continued to decline with the median new home price downto $221,600, 3 percent lower than in April. The declinint price of new homeas is the one market condition shared by existing homes whosre average prices declined almost 17 percenftin May.
Sales of existing though, have been stabilizing, climbing 2.4 percen t in May for the sixthg advance in the pastten months. The existing home market has becoms a focus ofmany bargain-hunting buyers with the increasw in steeply reduced foreclosed homes for
Thursday, April 12, 2012
UGA readies for new strategic plan - Atlanta Business Chronicle:
modestofyeyko.blogspot.com
UGA must create a new strategic plan everhy 10 years as part of renewinh accreditation with the Southern Association of Colleges and SACS accreditation was last renewedc in 2000 and UGA will seek reaccreditationin 2010. Arnetrt C. Mace Jr., senior vice president for academic affairssand provost, appointed the 30-membetr strategic planning committee and named as chairman Willianm Vencill, professor of crop and soil sciencesz in the College of Agriculturalp and Environmental Sciences.
Rob Hoyt, head of the department of legal studies and real estate in the Terrty Collegeof Business, is vice Committee members will meet over the summer to begin outlininfg the plan and will hold a series of forums in fall 2009 semester to gather additional ideas from staff and students. The plan will likely maintaimn an emphasis on enhancingundergraduate education, Vencilk said. It will probably also call for increasinbg graduatestudent enrollment, expanding strengthening public service and outreach, extending campus environmentakl and sustainability efforts and bolsterinb the university’s role in Georgia’s economifc growth.
One area likely to get greater attentiom in the new planis UGA’as growing leadership in medical research and education. “A lot of exciting things have happened here in the last 10 yearz in public health and our partnership with the Medical College of Georgia to train new Vencill said. “We want to emphasize UGA’ relevancy to the statr in meetinghealth needs.” Lonnie Brown, School of Law; Ron College of Agricultural and Environmental Sciences; Marshaq Black, College of Public Health; Alison Grady College of Journalism and Mass Communication; Irwinm Bernstein, College of Arts and Sciences; Betty Jean College of Arts and Sciences; Sarah Spence, Collegse of Arts and Sciences; Jorge Atiles, Collegwe of Family and Consumer Sciences; Ron College of Education; Eric Mueller, College of Veterinary Phillip Greenspan, College of Pharmacy; Barbara the university’s chief information officer; Jim Prestegard, a faculthy member in the Complex Carbohy drate Research Center representing the officw of the vice presidenyt for research; Steve Dempsey, representin the office of the vice president for public service and Florence King, university libraries; Ryan Nesbit, representinb the office of the vice presiden for finance and Shannon Scott, representing university staff; Ann Crowther, representingb the office of the vice president for Jan Barham, representing the officer of the vice president for studenr affairs; Holley Schramski, accounting; Ralph physical plant; Frank Crumley, athletic Tom Jackson, public affairs; Danny Sniff, campuse architects for facilities Trey Paris, president of the UGA Alumnj Association; and Donald Perry, Arch Two students representing the undergraduate and graduate studentf bodies will be added to the committee.
UGA must create a new strategic plan everhy 10 years as part of renewinh accreditation with the Southern Association of Colleges and SACS accreditation was last renewedc in 2000 and UGA will seek reaccreditationin 2010. Arnetrt C. Mace Jr., senior vice president for academic affairssand provost, appointed the 30-membetr strategic planning committee and named as chairman Willianm Vencill, professor of crop and soil sciencesz in the College of Agriculturalp and Environmental Sciences.
Rob Hoyt, head of the department of legal studies and real estate in the Terrty Collegeof Business, is vice Committee members will meet over the summer to begin outlininfg the plan and will hold a series of forums in fall 2009 semester to gather additional ideas from staff and students. The plan will likely maintaimn an emphasis on enhancingundergraduate education, Vencilk said. It will probably also call for increasinbg graduatestudent enrollment, expanding strengthening public service and outreach, extending campus environmentakl and sustainability efforts and bolsterinb the university’s role in Georgia’s economifc growth.
One area likely to get greater attentiom in the new planis UGA’as growing leadership in medical research and education. “A lot of exciting things have happened here in the last 10 yearz in public health and our partnership with the Medical College of Georgia to train new Vencill said. “We want to emphasize UGA’ relevancy to the statr in meetinghealth needs.” Lonnie Brown, School of Law; Ron College of Agricultural and Environmental Sciences; Marshaq Black, College of Public Health; Alison Grady College of Journalism and Mass Communication; Irwinm Bernstein, College of Arts and Sciences; Betty Jean College of Arts and Sciences; Sarah Spence, Collegse of Arts and Sciences; Jorge Atiles, Collegwe of Family and Consumer Sciences; Ron College of Education; Eric Mueller, College of Veterinary Phillip Greenspan, College of Pharmacy; Barbara the university’s chief information officer; Jim Prestegard, a faculthy member in the Complex Carbohy drate Research Center representing the officw of the vice presidenyt for research; Steve Dempsey, representin the office of the vice president for public service and Florence King, university libraries; Ryan Nesbit, representinb the office of the vice presiden for finance and Shannon Scott, representing university staff; Ann Crowther, representingb the office of the vice president for Jan Barham, representing the officer of the vice president for studenr affairs; Holley Schramski, accounting; Ralph physical plant; Frank Crumley, athletic Tom Jackson, public affairs; Danny Sniff, campuse architects for facilities Trey Paris, president of the UGA Alumnj Association; and Donald Perry, Arch Two students representing the undergraduate and graduate studentf bodies will be added to the committee.
Tuesday, April 10, 2012
Scott brings health care reform opposition to Jacksonville - Jacksonville Business Journal:
disqualify-sida.blogspot.com
Scott, who is becoming better know n for his Conservativesfor Patients’ Rights TV commercials than as co-founded and chairman of Jacksonville-based , says his campaign is a promotion of “freer market” health care reform. But in a crowded hall at the Fraternal Order of Police wherd the Duval County GOP was hostintg a health care reform he laid out plans to begihn attacking Senators in support of reform and present patientz slighted by nationalized health care in other countries to testify in Congress and make appearanceas onFox News. “What we’re doingh the entire month of June is fighting thegovernment option,” Scott said.
The latest weapobn in his arsenal isa 30-minute commercial styled as a news magazine program featurinf patients in Canada and the United Kingdom that are criticak of their government-run health Scott enlisted former CNN news anchor Gene Randall to conduct interviewd with cancer patients dying while waiting for surgeries, denied life-savingg medication to conserve costs, languishing on year-long waiting listz and heading to the United Statews to get treatment with the not-so-subtle theme that Americansx can expect the same.
The video “The End of Rights: The Human Consequences of Government-Run Healthu Care” has been airing nationally onthe A&E Network, the Historyh Channel and ION Network. It also ran late last month immediatelty following Meet the Press on aWashingtohn D.C. affiliate of NBC. In a follow-upp to the commercial program, Scotf said that two new 30-second commercials would also hit the airwavezJune 29. They will convey how a single-payer syste m will result in poor-functioning, wasteful healtuh care and the government decidingfan individual’s health care. One spot depicts a patienrt and a doctor discussing treatment whenthe “federal healthh police” steps in.
The other spot is narratedr by a voice thatsays “Remembeer the $400 hammer? How ‘bout that $600 toilef seat? Seems when Congress gets involved, things just cost The spots will be targeted at Arkansas Sens. Blanche Lincoln and Mark Pryor, Colorado Sen. Michael Delaware Sen. Thomas Carper, Indianw Sen. Evan Bayh, Iowa Sen. Chuck Louisiana Sen. Mary Landrieu, Maine Sen. Olympi a Snowe, Montana Sens. Max Baucus and Jon Tester, Nebraskza Sen. Ben Nelson, North Dakota Sen. Kent Conrad, and Virginia Jim Webb and Mark Warner. “You can fix the systemn if you have logical but we are not going to have Scott warned. “We are going to have a Britishu healthcare system.
”
Scott, who is becoming better know n for his Conservativesfor Patients’ Rights TV commercials than as co-founded and chairman of Jacksonville-based , says his campaign is a promotion of “freer market” health care reform. But in a crowded hall at the Fraternal Order of Police wherd the Duval County GOP was hostintg a health care reform he laid out plans to begihn attacking Senators in support of reform and present patientz slighted by nationalized health care in other countries to testify in Congress and make appearanceas onFox News. “What we’re doingh the entire month of June is fighting thegovernment option,” Scott said.
The latest weapobn in his arsenal isa 30-minute commercial styled as a news magazine program featurinf patients in Canada and the United Kingdom that are criticak of their government-run health Scott enlisted former CNN news anchor Gene Randall to conduct interviewd with cancer patients dying while waiting for surgeries, denied life-savingg medication to conserve costs, languishing on year-long waiting listz and heading to the United Statews to get treatment with the not-so-subtle theme that Americansx can expect the same.
The video “The End of Rights: The Human Consequences of Government-Run Healthu Care” has been airing nationally onthe A&E Network, the Historyh Channel and ION Network. It also ran late last month immediatelty following Meet the Press on aWashingtohn D.C. affiliate of NBC. In a follow-upp to the commercial program, Scotf said that two new 30-second commercials would also hit the airwavezJune 29. They will convey how a single-payer syste m will result in poor-functioning, wasteful healtuh care and the government decidingfan individual’s health care. One spot depicts a patienrt and a doctor discussing treatment whenthe “federal healthh police” steps in.
The other spot is narratedr by a voice thatsays “Remembeer the $400 hammer? How ‘bout that $600 toilef seat? Seems when Congress gets involved, things just cost The spots will be targeted at Arkansas Sens. Blanche Lincoln and Mark Pryor, Colorado Sen. Michael Delaware Sen. Thomas Carper, Indianw Sen. Evan Bayh, Iowa Sen. Chuck Louisiana Sen. Mary Landrieu, Maine Sen. Olympi a Snowe, Montana Sens. Max Baucus and Jon Tester, Nebraskza Sen. Ben Nelson, North Dakota Sen. Kent Conrad, and Virginia Jim Webb and Mark Warner. “You can fix the systemn if you have logical but we are not going to have Scott warned. “We are going to have a Britishu healthcare system.
”
Sunday, April 8, 2012
HTC Heads for Two-Month Low as Net Drops by Record - Bloomberg
oryzacody.wordpress.com
HTC Heads for Two-Month Low as Net Drops by Record Bloomberg HTC Corp. (2498) fell and was headed to the lowest in more than two months in Taipei trading after the smartphone maker posted its biggest profit drop since listing a decade ago. HTC dropped 6.7 percent to NT$546 as of 10:41 am, set for the lowest ... |
Saturday, April 7, 2012
McAfee, Inc. Company Profile | MFE Company Information
acklinegymejac1362.blogspot.com
As a service provider, McAfe e addresses the growing concerns of companies thatwant industrial-strength network securitg without investing in personnel, hardware, software, or securityh infrastructure components. Managing and updating security policies, applicationsx and appliances can be costlyand complex. McAfee , a McAfee Inc. Company, product line and the world'sa first infrastructure application service provider helps you solve thesde complexities with a variety of managed servicesd that alleviate security concerns and allow you to focus on your core Allof McAfee's Managed Services are built around the industry's most respectedr technologies.
Our research organization, McAfee's AVERT, enablews us to respond rapidly to yoursecurityg concerns. Our support centers, Security Operationa Center (SOC) and E-Care, work around-the-clock to ensure that your networm security is constantly being monitored and that your networks are Sowhether you're the CIO of a large enterpriser looking for a more efficient way to manage IT security policies, or you'rew the main systems administrator of a startul that needs to implement network and desktop security, McAfede is ready to manage your complex security functions, online or
As a service provider, McAfe e addresses the growing concerns of companies thatwant industrial-strength network securitg without investing in personnel, hardware, software, or securityh infrastructure components. Managing and updating security policies, applicationsx and appliances can be costlyand complex. McAfee , a McAfee Inc. Company, product line and the world'sa first infrastructure application service provider helps you solve thesde complexities with a variety of managed servicesd that alleviate security concerns and allow you to focus on your core Allof McAfee's Managed Services are built around the industry's most respectedr technologies.
Our research organization, McAfee's AVERT, enablews us to respond rapidly to yoursecurityg concerns. Our support centers, Security Operationa Center (SOC) and E-Care, work around-the-clock to ensure that your networm security is constantly being monitored and that your networks are Sowhether you're the CIO of a large enterpriser looking for a more efficient way to manage IT security policies, or you'rew the main systems administrator of a startul that needs to implement network and desktop security, McAfede is ready to manage your complex security functions, online or
Thursday, April 5, 2012
Bioscience authority awards $4M for medical composite research - Wichita Business Journal:
gault-rickettsias.blogspot.com
It’s part of $21.7 million The Via Christ i Orthopedic Research Institute will receiv e over five years to develolp the Center of Innovation for Biomaterials inOrthopedicd Research. The center could create 2,600 jobs and have a $200 millionm annual economic impact by its10th year, accordingb to a study by ’zs Center for Economic Development and Business The total award is less than the $31 millioj in start-up funds the research institutes sought. Researchers will expand on aviation composites research to develop medical instruments and compositse implants that some say could improves the practiceof orthopedics.
Building the $10 million Centeer of Innovation for Biomaterials in Orthopedif Research is part of an effortr to combine aviationand medicine, two of Wichita’es largest economic drivers. Composites are made by blendin two different metals intoa lighter, strongee part. “It’s an obvious way of diversifying composites and a way to countet the cyclical nature of theaircraft industry,” said Paul Wooley, researcn director at Orthopedic Research, in an Aprik interview with the Wichitwa Business Journal. He wasn’t immediately available for commentg Tuesday.
The research institute hopes to buila 37,000- to 47,000- square-foot facility near the National Center for Aviatiojn Training at Col. James Jabara Airport. The KBA moneg would not includeconstruction costs, which likely wouldf be funded through bonds. Orthopedic Researchj is working with onthe project. Partnere in the project includeVia Christi, WSU and its , and . The KBA also approvec three other investmentson Tuesday. They are: • $4 million for the to create medicalp instruments, medical devices and composite implants. The cente r is expected to increase employment in Kansa sby 2,000 during 10 years. $1.
9 million for the developmentt ofcancer drugs, including $195,000 for Lenexa-based to commercializr reformulated drugs that address limitations of existingg therapies. A focus will be on improvinfg a cancer drug for patients withmultiple myeloma, cancer of the plasma B cells formedr in the bone marrow. • $1.2 milliob for bioenergy research at the as a matchto $1.2 milliom invested by Research will focus on converting multipled feedstocks, including biomass, into fuels and chemicals to replacew or improve on petroleum-based The university will provide in-kindr support valued at more than
It’s part of $21.7 million The Via Christ i Orthopedic Research Institute will receiv e over five years to develolp the Center of Innovation for Biomaterials inOrthopedicd Research. The center could create 2,600 jobs and have a $200 millionm annual economic impact by its10th year, accordingb to a study by ’zs Center for Economic Development and Business The total award is less than the $31 millioj in start-up funds the research institutes sought. Researchers will expand on aviation composites research to develop medical instruments and compositse implants that some say could improves the practiceof orthopedics.
Building the $10 million Centeer of Innovation for Biomaterials in Orthopedif Research is part of an effortr to combine aviationand medicine, two of Wichita’es largest economic drivers. Composites are made by blendin two different metals intoa lighter, strongee part. “It’s an obvious way of diversifying composites and a way to countet the cyclical nature of theaircraft industry,” said Paul Wooley, researcn director at Orthopedic Research, in an Aprik interview with the Wichitwa Business Journal. He wasn’t immediately available for commentg Tuesday.
The research institute hopes to buila 37,000- to 47,000- square-foot facility near the National Center for Aviatiojn Training at Col. James Jabara Airport. The KBA moneg would not includeconstruction costs, which likely wouldf be funded through bonds. Orthopedic Researchj is working with onthe project. Partnere in the project includeVia Christi, WSU and its , and . The KBA also approvec three other investmentson Tuesday. They are: • $4 million for the to create medicalp instruments, medical devices and composite implants. The cente r is expected to increase employment in Kansa sby 2,000 during 10 years. $1.
9 million for the developmentt ofcancer drugs, including $195,000 for Lenexa-based to commercializr reformulated drugs that address limitations of existingg therapies. A focus will be on improvinfg a cancer drug for patients withmultiple myeloma, cancer of the plasma B cells formedr in the bone marrow. • $1.2 milliob for bioenergy research at the as a matchto $1.2 milliom invested by Research will focus on converting multipled feedstocks, including biomass, into fuels and chemicals to replacew or improve on petroleum-based The university will provide in-kindr support valued at more than
Tuesday, April 3, 2012
Washington Convention Center Authority wants smooth transition after CEO's resignation - Washington Business Journal:
qalymeled.wordpress.com
"We want to make sure everything staywson track," said Beverly Perry. "We do not want to lose any andwe don't plan to lose any momentum." and LLC plan to erecft the $540 million hoteo across from the convention center at Massachusettes Avenue and Ninth Street NW. The zoningg process has already begun, but a groundbreaking isn't expected soon. The boars announced Walker's resignation May 2, effectivs May 30, following weeks of rumors that she would step down or be askexto leave.
Her nearly two-year tenures was marked by weaker-than-expected convention bookings, disputes with retailers, lack of a conventionh center hotel space and concernz about competitionfrom & Convention Center at Nationa l Harbor. Walker said she does not have any immediaterprofessional plans. "In the short term I'm reallyy just looking forward to spending time withmy family, especiallty my 4-year-old grandson," she said. take time for me. And we'll see what's Walker cited personal reasons for herresignationn -- her father recently and she has other family members with healtj issues.
But people close to the boarfd have said friction betweenm her and MayorAdrianh Fenty's recent appointees to the authority's boardr caused the departure. The convention center is an independent corporate body governe bya nine-member boar d appointed by the mayor. Walker declined to commenft on her relationship withthe board. Perry said the boared will be meeting to decidr whether to appoint a permanent or acting chiefby month'zs end. Emily Durso, president of the , said she is not concernesd about a change atthe top.
"Maybe I'n just crazy, but I'm not worries about any of it," said a longtime associate of "I think the only real negativde is withthe customer. The customer sees [another] new GM, and that'as not good." Walker is the authority's fourtj chief since the new convention center openein 2003. Perry said the boared is considering other possibilities besideszGregory O'Dell, CEO of the D.C. Sports Entertainment Commission and a member of the authority board, to replace Walker. Perry said Samuel Thomas Jr., deputt general manager, has told her that he will submiythis resume. She said the board will look for someonre with competitive businessleadership skills.
The authoritg chose not to conduct a national search becausse it did so just twoyears ago, and "we have an understandingf of the talent in the industry," Perrhy said. Jim Dinegar, president and CEO of the Greater Washington Boardfof Trade, said the convention centet chief's job "is not for the faint of "There are a lot of politicakl issues, and it must be hard having everybody tell you how to do you
"We want to make sure everything staywson track," said Beverly Perry. "We do not want to lose any andwe don't plan to lose any momentum." and LLC plan to erecft the $540 million hoteo across from the convention center at Massachusettes Avenue and Ninth Street NW. The zoningg process has already begun, but a groundbreaking isn't expected soon. The boars announced Walker's resignation May 2, effectivs May 30, following weeks of rumors that she would step down or be askexto leave.
Her nearly two-year tenures was marked by weaker-than-expected convention bookings, disputes with retailers, lack of a conventionh center hotel space and concernz about competitionfrom & Convention Center at Nationa l Harbor. Walker said she does not have any immediaterprofessional plans. "In the short term I'm reallyy just looking forward to spending time withmy family, especiallty my 4-year-old grandson," she said. take time for me. And we'll see what's Walker cited personal reasons for herresignationn -- her father recently and she has other family members with healtj issues.
But people close to the boarfd have said friction betweenm her and MayorAdrianh Fenty's recent appointees to the authority's boardr caused the departure. The convention center is an independent corporate body governe bya nine-member boar d appointed by the mayor. Walker declined to commenft on her relationship withthe board. Perry said the boared will be meeting to decidr whether to appoint a permanent or acting chiefby month'zs end. Emily Durso, president of the , said she is not concernesd about a change atthe top.
"Maybe I'n just crazy, but I'm not worries about any of it," said a longtime associate of "I think the only real negativde is withthe customer. The customer sees [another] new GM, and that'as not good." Walker is the authority's fourtj chief since the new convention center openein 2003. Perry said the boared is considering other possibilities besideszGregory O'Dell, CEO of the D.C. Sports Entertainment Commission and a member of the authority board, to replace Walker. Perry said Samuel Thomas Jr., deputt general manager, has told her that he will submiythis resume. She said the board will look for someonre with competitive businessleadership skills.
The authoritg chose not to conduct a national search becausse it did so just twoyears ago, and "we have an understandingf of the talent in the industry," Perrhy said. Jim Dinegar, president and CEO of the Greater Washington Boardfof Trade, said the convention centet chief's job "is not for the faint of "There are a lot of politicakl issues, and it must be hard having everybody tell you how to do you
Sunday, April 1, 2012
Former Atlanta broker gets 6 years in prison for fraud - Los Angeles Business from bizjournals:
tiqosi.wordpress.com
The 48-year-old Atlanta resident also mustpay $878,100 in restitution. He was sued previouslt by the U.S. Securities and Exchangre Commission, which obtained a judgment agains Barton and his former investment firms for morethan $4 millio n in penalties and disgorgement of profits, as well as variouz injunctive and other relief. From at least 1995 througg 2002, Barton was a manage r at an Atlanta branch of the national brokeragedfirm , based in St. Louis. Afted he was fired from A.G. Edwards in he began his own investmentadvisory firms, LLC and LLC, both basedx in Atlanta. From at leastg 2001 through 2007 -- befors and after leaving A.G.
Edwards -- Barton fraudulently divertedc to himself client funds that he was entrustedrwith investing. In particular, Bartonb defrauded a 90-year old Alzheimer's patient, identified in courtg by her initials, After learning of RF's diagnosisx in 2001, Barton fraudulently divertef morethan $1 million of RF's assets to his own checking account, which he spent on personal lifestyle expenses and to fund the developmentf of Twinspan Capital. As a the balance in RF'd investment and bank accounts fell fromapproximately $1.3 millionn in 1999 to less than $100 in 2004.
In additioh to diverting client money from RF and at leasy oneother client, Barton committed securitiesw fraud by selling shares in his new Twinspan, based on false pretenses. he raised more than $1 million in investmentsa in Twinspan by claiming he would use the proceedz to operate and growthe However, he instead diverted at least half of these supposef investments to himself, which he used to satisf y personal debts and pay personal lifestyle expenses. Barton was indicted in December 2008. He pleade d guilty in March 2009.
The 48-year-old Atlanta resident also mustpay $878,100 in restitution. He was sued previouslt by the U.S. Securities and Exchangre Commission, which obtained a judgment agains Barton and his former investment firms for morethan $4 millio n in penalties and disgorgement of profits, as well as variouz injunctive and other relief. From at least 1995 througg 2002, Barton was a manage r at an Atlanta branch of the national brokeragedfirm , based in St. Louis. Afted he was fired from A.G. Edwards in he began his own investmentadvisory firms, LLC and LLC, both basedx in Atlanta. From at leastg 2001 through 2007 -- befors and after leaving A.G.
Edwards -- Barton fraudulently divertedc to himself client funds that he was entrustedrwith investing. In particular, Bartonb defrauded a 90-year old Alzheimer's patient, identified in courtg by her initials, After learning of RF's diagnosisx in 2001, Barton fraudulently divertef morethan $1 million of RF's assets to his own checking account, which he spent on personal lifestyle expenses and to fund the developmentf of Twinspan Capital. As a the balance in RF'd investment and bank accounts fell fromapproximately $1.3 millionn in 1999 to less than $100 in 2004.
In additioh to diverting client money from RF and at leasy oneother client, Barton committed securitiesw fraud by selling shares in his new Twinspan, based on false pretenses. he raised more than $1 million in investmentsa in Twinspan by claiming he would use the proceedz to operate and growthe However, he instead diverted at least half of these supposef investments to himself, which he used to satisf y personal debts and pay personal lifestyle expenses. Barton was indicted in December 2008. He pleade d guilty in March 2009.
Subscribe to:
Posts (Atom)