Connect With Ecology: 'Tis the Season for E-Cycling Patch.com The Department of Ecology has tips for what to do with it, along with other household safety advice. By Linda Kent TV wasteland. Televisions can be recycled and sometimes, repaired to be reused. Here's some holiday news you can truly useâ€"three ... |
Friday, December 30, 2011
Connect With Ecology: 'Tis the Season for E-Cycling - Patch.com
framptongeqeaqu1461.blogspot.com
Wednesday, December 28, 2011
UCF wants to cut 5 programs, 51 jobs - San Antonio Business Journal:
yzirapogyg.wordpress.com
The move is aimed at saving $6.1 milliojn and is in addition to $38 millionb in cuts the university has already The cuts are a result of less moneg coming fromthe state. Programs being cut are cardiopulmonary engineering technology, management information systems, radiologic sciences and statistics and actuarial If approved by the board, the cuts will impact about 1,100 students. Those close to graduation will receive assistance from the universityh to take the courses neederd to complete their If the board approves the job the faculty and staff would have two semesters noticw before losing their job and some would remain employed througg the spring 2011 semestee to allow students to completstheir degrees.
Students will also witness a 15 percent increase in tuitiohn beginning with the fall2009 semester. “I wish the severit of the budget cuts did not forcwe us to consider these but they are in the best interestw of theentire university. This is a very bittefr pill for the UCF community to said UCF presidentJohn C. Hitt, in a prepared statement.
The move is aimed at saving $6.1 milliojn and is in addition to $38 millionb in cuts the university has already The cuts are a result of less moneg coming fromthe state. Programs being cut are cardiopulmonary engineering technology, management information systems, radiologic sciences and statistics and actuarial If approved by the board, the cuts will impact about 1,100 students. Those close to graduation will receive assistance from the universityh to take the courses neederd to complete their If the board approves the job the faculty and staff would have two semesters noticw before losing their job and some would remain employed througg the spring 2011 semestee to allow students to completstheir degrees.
Students will also witness a 15 percent increase in tuitiohn beginning with the fall2009 semester. “I wish the severit of the budget cuts did not forcwe us to consider these but they are in the best interestw of theentire university. This is a very bittefr pill for the UCF community to said UCF presidentJohn C. Hitt, in a prepared statement.
Sunday, December 25, 2011
Russia, Ameren sign nuclear fuel deal - St. Louis Business Journal:
doqujamup.wordpress.com
The deal, which was announced at a ceremongyin Moscow, will give Russia 20 percent of the U.S. uraniunm market, according to the wire The Russian fuel would be used initially to provide powere to 5million U.S. homes in Missouri, California and Texas, accordin g to Reuters. Until last year, U.S. anti-dumping laws had only allowedf Russia to sell the United Statesd uranium recovered from dismantled Soviet nuclear Reuters reported. A request for commenr from Ameren was notimmediately returned. St. Louis-basedr Ameren Corp. (NYSE: AEE) provides electricity to aboutg 2.4 million customers and natura l gas to almost one million customers in eastern Missourkand Illinois.
It had plans to in Callawa y County but has indefinitely postponedthose plans.
The deal, which was announced at a ceremongyin Moscow, will give Russia 20 percent of the U.S. uraniunm market, according to the wire The Russian fuel would be used initially to provide powere to 5million U.S. homes in Missouri, California and Texas, accordin g to Reuters. Until last year, U.S. anti-dumping laws had only allowedf Russia to sell the United Statesd uranium recovered from dismantled Soviet nuclear Reuters reported. A request for commenr from Ameren was notimmediately returned. St. Louis-basedr Ameren Corp. (NYSE: AEE) provides electricity to aboutg 2.4 million customers and natura l gas to almost one million customers in eastern Missourkand Illinois.
It had plans to in Callawa y County but has indefinitely postponedthose plans.
Friday, December 23, 2011
Work begins at GlobalFoundries site - Denver Business Journal:
xotavaloso.blogspot.com
billion chip fab marked the start ofa two-year-long constructiom process for the Sunnyvale, Calif., About a dozen large pieces of equipment arrived Monday on the site for ground-clearing work that is scheduled to start this week. As many as 1,600p workers will be employedr duringthe two-year construction process. The chip fab is expected to open in 2012 andemploy 1,400 people when it’s running at full capacity in 2014. The 1.3-million-square-foo t manufacturing facility—located on 223 acres in the in Malta— is the park’s firsg tenant.
“Having our anchor makes Luther Fores t a realtech Before, we had infrastructure,” said Michael president of Luther Forest. Initially, about 100 people will work on theGlobalFoundriesz site. “We’ll work in the several-hundred ranger until the worstof winter,” said Rick Whitney, presidengt of ’s U.S. Operations. Germany-based M+W Zander is the project’s generap manager. “Those numbers will ramp up over the next six to nine he said. More than 1,000 peoplwe will be working on the project a yearfrom now. M+W Zander is preparing to award the contract forsteep work, Whitney said.
Separate bid packages to erect steel forthe 800,0000-square-fooft building and neighboring utility building were sent to 12 Of the five companies that responded, two are one is a partnership with a locaol company and two are out-of-state. Whitne declined to disclose the price ranges of those of Gloversville won the contract for the sitedevelopmenyt work. The cost of that projecy is estimated atabout $15 Foundation work will be bid in the next few Whitney said. Steel work should begin in August.
billion chip fab marked the start ofa two-year-long constructiom process for the Sunnyvale, Calif., About a dozen large pieces of equipment arrived Monday on the site for ground-clearing work that is scheduled to start this week. As many as 1,600p workers will be employedr duringthe two-year construction process. The chip fab is expected to open in 2012 andemploy 1,400 people when it’s running at full capacity in 2014. The 1.3-million-square-foo t manufacturing facility—located on 223 acres in the in Malta— is the park’s firsg tenant.
“Having our anchor makes Luther Fores t a realtech Before, we had infrastructure,” said Michael president of Luther Forest. Initially, about 100 people will work on theGlobalFoundriesz site. “We’ll work in the several-hundred ranger until the worstof winter,” said Rick Whitney, presidengt of ’s U.S. Operations. Germany-based M+W Zander is the project’s generap manager. “Those numbers will ramp up over the next six to nine he said. More than 1,000 peoplwe will be working on the project a yearfrom now. M+W Zander is preparing to award the contract forsteep work, Whitney said.
Separate bid packages to erect steel forthe 800,0000-square-fooft building and neighboring utility building were sent to 12 Of the five companies that responded, two are one is a partnership with a locaol company and two are out-of-state. Whitne declined to disclose the price ranges of those of Gloversville won the contract for the sitedevelopmenyt work. The cost of that projecy is estimated atabout $15 Foundation work will be bid in the next few Whitney said. Steel work should begin in August.
Wednesday, December 21, 2011
With Tyson Chandler, 'Committed' Knicks Intend To Defend - CBS New York
ulyanaimiiurebor.blogspot.com
CBS New York | With Tyson Chandler, 'Committed' Knicks Intend To Defend CBS New York NEW YORK (WFAN/AP) â€" The Knicks used to talk about defense right up until the games started. Then it was back to the same problems, wasting the loads of points they'd score by giving up many more â€" either because they couldn't or wouldn't dedi cate ... |
Monday, December 19, 2011
Restaurant industry outlook improves - Triangle Business Journal:
caloloary.blogspot.com
The Association’s Restaurant Performance or RPI, is a monthly composite index that tracks the healthh of and outlook forthe U.S. restaurant industry. It stoodr at 98.6 in April, up by 0.8 percenrt from March, its highest level in 11 The findings are in line with bullishb data reported in theMay 25, 2009, issuwe of Triangle Business Journal that indicated restaurants in Wake Count generally are faring well. The data show that from July 2008 throughyFebruary 2009, Wake County collected nearluy $11.8 million from a 1 percent tax on prepareds food and beverages.
That’s almost a 7 percentg increase fromthe $11 million collected in the same period in the previous fiscal year, according to information provided by the county. Hudso Riehle, senior vice president of research and information serviceas for the NationalRestaurant Association, says, “The recent growth in the RPI was driven by the ‘expectations’ component, whichj rose above 100 in Apriol for the first time in 18 months, a level which indicates expansion.
” “Although the RPI’d ‘current situation’ indicators are still in a perioed of contraction, the solid improvement in the forward-lookinvg indicators suggests that the end of the industry’s downturh may be in sight, says Riehle. The RPI is based on responsews tothe association’s Restauranrt Industry Tracking Survey, whichy is fielded monthly among restaurant operators nationwid e on a variety of indicators, including sales, traffic, labor and capital The index consists of two componentsz — the Current Situation Index and the Expectationas Index.
The Current Situation which measures current trends in four industryindicatora (same-store sales, traffic, labor and capital stood at 97.0 in April, up by 0.9 percentg from March and its highest leve l since August 2008. However, Aprilp represented the 20th consecutive monthbeloe 100, which continues to signify contraction in the currentf situation indicators. Restaurant operators reported negativre customer traffic levels for the 20th consecutive monthin April.
About 23 percent of restauranrt operators reported an increase in customer traffixc between April 2008 andApril 2009, up from 20 percenty who reported similarly in Also, 60 percent of operators reporter a traffic decline in down from 63 percent who reported similarluy in March. Restaurant operators also continue to grow more optimistidc aboutthe economy, with 37 percent sayin they expect economic conditions to improvse in six months, up from 30 percen t who reported similarly last month and the highestt level in three years. In only 16 percent of operators expect economix conditions to worsen insix months, down from 21 percentf last month. The Washington, D.C.
-based Nationaol Restaurant Association is a business association for therestaurant industry, comprising 945,000 restaurant and foodservicse outlets and a work force of 13 millio employees.
The Association’s Restaurant Performance or RPI, is a monthly composite index that tracks the healthh of and outlook forthe U.S. restaurant industry. It stoodr at 98.6 in April, up by 0.8 percenrt from March, its highest level in 11 The findings are in line with bullishb data reported in theMay 25, 2009, issuwe of Triangle Business Journal that indicated restaurants in Wake Count generally are faring well. The data show that from July 2008 throughyFebruary 2009, Wake County collected nearluy $11.8 million from a 1 percent tax on prepareds food and beverages.
That’s almost a 7 percentg increase fromthe $11 million collected in the same period in the previous fiscal year, according to information provided by the county. Hudso Riehle, senior vice president of research and information serviceas for the NationalRestaurant Association, says, “The recent growth in the RPI was driven by the ‘expectations’ component, whichj rose above 100 in Apriol for the first time in 18 months, a level which indicates expansion.
” “Although the RPI’d ‘current situation’ indicators are still in a perioed of contraction, the solid improvement in the forward-lookinvg indicators suggests that the end of the industry’s downturh may be in sight, says Riehle. The RPI is based on responsews tothe association’s Restauranrt Industry Tracking Survey, whichy is fielded monthly among restaurant operators nationwid e on a variety of indicators, including sales, traffic, labor and capital The index consists of two componentsz — the Current Situation Index and the Expectationas Index.
The Current Situation which measures current trends in four industryindicatora (same-store sales, traffic, labor and capital stood at 97.0 in April, up by 0.9 percentg from March and its highest leve l since August 2008. However, Aprilp represented the 20th consecutive monthbeloe 100, which continues to signify contraction in the currentf situation indicators. Restaurant operators reported negativre customer traffic levels for the 20th consecutive monthin April.
About 23 percent of restauranrt operators reported an increase in customer traffixc between April 2008 andApril 2009, up from 20 percenty who reported similarly in Also, 60 percent of operators reporter a traffic decline in down from 63 percent who reported similarluy in March. Restaurant operators also continue to grow more optimistidc aboutthe economy, with 37 percent sayin they expect economic conditions to improvse in six months, up from 30 percen t who reported similarly last month and the highestt level in three years. In only 16 percent of operators expect economix conditions to worsen insix months, down from 21 percentf last month. The Washington, D.C.
-based Nationaol Restaurant Association is a business association for therestaurant industry, comprising 945,000 restaurant and foodservicse outlets and a work force of 13 millio employees.
Saturday, December 17, 2011
Supreme Court stays Chrysler-Fiat deal - Triangle Business Journal:
lehoquvuhu.wordpress.com
Hensarling applauded the stay as an appropriate measurr that will allow for a review of how federap bank bailout funds have been utilized bythe “I am encouraged by the Supremr Court’s stay of the Chrysler bankruptcy proceedings,” said U.S. Rep. “I have been concerned about the fundamental constitutionak issues of due procesx and equal protection that cry out for judicial review and fundamental issues related to a misuse of TARP fundsa crying out for legislative TARP stands for Troublede AssetRelief Program, the formal name for the federal bank bailoutt funding program. filed for bankruptcyt protectionin April.
At the the company said it was workinfg out a deal to combine its operations with As part of theoriginal deal, the federao government said it would provide $3.5 billion for bankruptcy financinbg and another $4.7 billion in exit financing. In addition, Chrysler said at the time it would enter into a dealwith Italy'zs Fiat in which Fiat had agree d to transfer billions of dollars in cutting-edge technologyu to Chrysler.
Hensarling applauded the stay as an appropriate measurr that will allow for a review of how federap bank bailout funds have been utilized bythe “I am encouraged by the Supremr Court’s stay of the Chrysler bankruptcy proceedings,” said U.S. Rep. “I have been concerned about the fundamental constitutionak issues of due procesx and equal protection that cry out for judicial review and fundamental issues related to a misuse of TARP fundsa crying out for legislative TARP stands for Troublede AssetRelief Program, the formal name for the federal bank bailoutt funding program. filed for bankruptcyt protectionin April.
At the the company said it was workinfg out a deal to combine its operations with As part of theoriginal deal, the federao government said it would provide $3.5 billion for bankruptcy financinbg and another $4.7 billion in exit financing. In addition, Chrysler said at the time it would enter into a dealwith Italy'zs Fiat in which Fiat had agree d to transfer billions of dollars in cutting-edge technologyu to Chrysler.
Thursday, December 15, 2011
Hispanic chamber strives to help Philadelphia-area businesses expand into Latin America - Philadelphia Business Journal:
ejoxot.wordpress.com
With the fallout now beingf felt, the markets are even more which is why the chamber is leading businesses on a trad e mission to the countries next week througnh a partnership withthe . The economiv downturn has slowed business, but it hasn’t softened local businesses interest intradse missions, said Dino Ramos, director of trade servicew for WTCGP. Seven businesses are going on next week’s which falls right within the averag e six to 10 businesses theifr trade missionsusually attract, Ramos said. “We’re stilk quite busy.
What we are finding is a lot companies now that their domestic sales and business is down alittler bit, it’s a good opportunityh for them to look more overseas becausew they have time,” he said. “We advise our clientse on that all ofthe time, that they should be lookinfg to balance their sales both domestically and internationally.” The June 6-13 trip is the thirsd trade mission to Latinh America the organizations have hosted. Their combiningv of resources has helped toincrease minority-ownedc companies’ interest in the markets and their which especially benefits members, chambef President and CEO Varsoviz Fernandez said.
“One of the valuesd the Hispanic chamber brings is it is smallef companies seeking to exporttheir businesses, whicuh are owned by Latin Americans,” Fernandez “They know how to deal with a Latin American market.” Being of Cuban descent, chamber membedr Paul Lima said he had always planned to expand his business into Latin Americ a markets after establishing it locally. The economidc downturn has acceleratedthose plans, said who owns , a Conshohocken Internet marketing “When we look at marketing budgets in the United Statexs just about everyone who has a Web site is going to have one at this Lima said.
“When we go to Latin America that is not necessarilhythe case.” Also appealing is that the marketes experience less turmoil and the seasons run oppositr those in the United States, he said. “Ibn this country in July or Augustwhen it’s hard to have decisiona made, that is precisely when those decisions are beinh made in Latin America,” said Lima, who establishec an office in Colombia in December and hopes to expand that foothol d on the trade mission. Doylestown-based Agricultural Exports Inc., which provides laboratorhy diets to universities that raise animalsfor research, also sees a markeg for their products.
“South America itself is startinvg a very large organic and we are right at the baseof that. We have a full line of organic seedsand fertilizers,” David Light, company vice said. “If we picked up one lab diet we could hire a personover here. The work that personm would do, would free us up to get twicdethe business.” H2L2 LLC, a more than 100-year-old planning and design firm in is also embarking on the mission that will make stopsx in Panama, and Bogota and Medellimn in Colombia.
“Right now Colombiaw and Panama are showinhgreat development, and they are growing very quickly,” said Natalia Olsomn de Savyckj, company director of global “With the $5 billion expansion of the Panama Canal I think there is a lot of opportunity for engineerinf and architectural firms.” A free tradde agreement with Colombia that is pendinf before Congress could further increase the market’d attractiveness, if approved, Ramos said. “Therr are some pretty high duties that Americam products incur when we try to export our product sto Colombia,” Ramos said.
“What people don’rt realize is most of the goods coming in from Colombiwa are comingin duty-free because they are undeer a separate agreement.”
With the fallout now beingf felt, the markets are even more which is why the chamber is leading businesses on a trad e mission to the countries next week througnh a partnership withthe . The economiv downturn has slowed business, but it hasn’t softened local businesses interest intradse missions, said Dino Ramos, director of trade servicew for WTCGP. Seven businesses are going on next week’s which falls right within the averag e six to 10 businesses theifr trade missionsusually attract, Ramos said. “We’re stilk quite busy.
What we are finding is a lot companies now that their domestic sales and business is down alittler bit, it’s a good opportunityh for them to look more overseas becausew they have time,” he said. “We advise our clientse on that all ofthe time, that they should be lookinfg to balance their sales both domestically and internationally.” The June 6-13 trip is the thirsd trade mission to Latinh America the organizations have hosted. Their combiningv of resources has helped toincrease minority-ownedc companies’ interest in the markets and their which especially benefits members, chambef President and CEO Varsoviz Fernandez said.
“One of the valuesd the Hispanic chamber brings is it is smallef companies seeking to exporttheir businesses, whicuh are owned by Latin Americans,” Fernandez “They know how to deal with a Latin American market.” Being of Cuban descent, chamber membedr Paul Lima said he had always planned to expand his business into Latin Americ a markets after establishing it locally. The economidc downturn has acceleratedthose plans, said who owns , a Conshohocken Internet marketing “When we look at marketing budgets in the United Statexs just about everyone who has a Web site is going to have one at this Lima said.
“When we go to Latin America that is not necessarilhythe case.” Also appealing is that the marketes experience less turmoil and the seasons run oppositr those in the United States, he said. “Ibn this country in July or Augustwhen it’s hard to have decisiona made, that is precisely when those decisions are beinh made in Latin America,” said Lima, who establishec an office in Colombia in December and hopes to expand that foothol d on the trade mission. Doylestown-based Agricultural Exports Inc., which provides laboratorhy diets to universities that raise animalsfor research, also sees a markeg for their products.
“South America itself is startinvg a very large organic and we are right at the baseof that. We have a full line of organic seedsand fertilizers,” David Light, company vice said. “If we picked up one lab diet we could hire a personover here. The work that personm would do, would free us up to get twicdethe business.” H2L2 LLC, a more than 100-year-old planning and design firm in is also embarking on the mission that will make stopsx in Panama, and Bogota and Medellimn in Colombia.
“Right now Colombiaw and Panama are showinhgreat development, and they are growing very quickly,” said Natalia Olsomn de Savyckj, company director of global “With the $5 billion expansion of the Panama Canal I think there is a lot of opportunity for engineerinf and architectural firms.” A free tradde agreement with Colombia that is pendinf before Congress could further increase the market’d attractiveness, if approved, Ramos said. “Therr are some pretty high duties that Americam products incur when we try to export our product sto Colombia,” Ramos said.
“What people don’rt realize is most of the goods coming in from Colombiwa are comingin duty-free because they are undeer a separate agreement.”
Monday, December 12, 2011
Exxon ordered to pay $507.5M in spill case - New Mexico Business Weekly:
obofym.wordpress.com
million in punitive damages plus interesty to plaintiffs affected by the Exxon Valdea oil spill that impacted residents and businessesx living along the coast of Alaskain 1989. The made theid ruling Monday after the case was sent back fromthe . At the Nintj Circuit level, justices were charged with determininh interest andappellate costs. The Ninthg Circuit confirmed the punitive damage amount aftetthe U.S. Supreme Court determined compensatory damagesw and punitive damages should be assessed usingfa 1-to-1 ratio.
In its latesyt decision, the Ninth Circuit confirmed that Irving-basesd Exxon (NYSE: XOM) is responsible for $507 million in punitive damages and must pay interest on the judgment at the rateof 5.9 percenrt dating back to 1996, when the initia judgment against the company was first issued by a The federal case against Exxon Mobil has been languishing for more than a decade. The Ninth Circuit said both side will cover theirown attorney’s fees. The originall jury verdict against Exxon Mobilpwas $5 billion, an amount that has been reduce by 90 percent during the more than 10 yearse of litigation, according to court records.
An Exxon Mobil spokesmahn said Monday, "We are awared that the opinion has been issued and will revies the opinion beforecommenting further."
million in punitive damages plus interesty to plaintiffs affected by the Exxon Valdea oil spill that impacted residents and businessesx living along the coast of Alaskain 1989. The made theid ruling Monday after the case was sent back fromthe . At the Nintj Circuit level, justices were charged with determininh interest andappellate costs. The Ninthg Circuit confirmed the punitive damage amount aftetthe U.S. Supreme Court determined compensatory damagesw and punitive damages should be assessed usingfa 1-to-1 ratio.
In its latesyt decision, the Ninth Circuit confirmed that Irving-basesd Exxon (NYSE: XOM) is responsible for $507 million in punitive damages and must pay interest on the judgment at the rateof 5.9 percenrt dating back to 1996, when the initia judgment against the company was first issued by a The federal case against Exxon Mobil has been languishing for more than a decade. The Ninth Circuit said both side will cover theirown attorney’s fees. The originall jury verdict against Exxon Mobilpwas $5 billion, an amount that has been reduce by 90 percent during the more than 10 yearse of litigation, according to court records.
An Exxon Mobil spokesmahn said Monday, "We are awared that the opinion has been issued and will revies the opinion beforecommenting further."
Saturday, December 10, 2011
Marriott CEO hits town for Mayo Residence Inn debut - Phoenix Business Journal:
hundleyobajoji1908.blogspot.com
The Residence Inn is located on the Phoenix campusw ofMayo Clinic, 5665 E. Mayo Blvd., at the Village at Mayo Clinic, which serves Mayo Arizona Transplant House and the American Cancer all located at the The hotel is owned by Robert Finvarbn of theFinvarb Cos. LLC and managedr by Marriott. In addition to Finvarb, J.W. Marriott Jr., chairman and CEO, and othet executives were at the hotekl Friday to markits opening. Marriott is a member of the Mayo Clinicv Boardof Trustees. “The Mayo Clinifc provides world class care and servicr to allits patients,” said Marriottf in a statement.
“I’m thrilledx that we now have a Residence Inn on the Mayo Clinic campus that will provide the same leve of care and servicse toour guests. Our Residence Inn brandx is designed for guests on long stays so it is perfectt for patients of the Mayo Clinifc andtheir families.”
The Residence Inn is located on the Phoenix campusw ofMayo Clinic, 5665 E. Mayo Blvd., at the Village at Mayo Clinic, which serves Mayo Arizona Transplant House and the American Cancer all located at the The hotel is owned by Robert Finvarbn of theFinvarb Cos. LLC and managedr by Marriott. In addition to Finvarb, J.W. Marriott Jr., chairman and CEO, and othet executives were at the hotekl Friday to markits opening. Marriott is a member of the Mayo Clinicv Boardof Trustees. “The Mayo Clinifc provides world class care and servicr to allits patients,” said Marriottf in a statement.
“I’m thrilledx that we now have a Residence Inn on the Mayo Clinic campus that will provide the same leve of care and servicse toour guests. Our Residence Inn brandx is designed for guests on long stays so it is perfectt for patients of the Mayo Clinifc andtheir families.”
Thursday, December 8, 2011
Recommended: Gingrich insists he'll 'stay positive'; says Obama's his opponent - msnbc.com
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CBC.ca | Recommended: Gingrich insists he'll 'stay positive'; says Obama's his opponent msnbc.com The first place for news and analysis from the NBC News Political Unit. Follow us on Twitter. By NBC's Alex Moe and Ali Weinberg GREENVILLE, SC -- Newt Gingrich brushed off recent attacks from GOP presidential rival Mitt Romney, vowing to c ontinue to ... Can Mitt Romney win the nomination? |
Tuesday, December 6, 2011
Madoff gets 150 years in prison - Silicon Valley / San Jose Business Journal:
mozybyd.wordpress.com
“I’m not surprised. That’s what he deserved,” said Adele Fox of Tamarac, who lost thousands of dollaresto Madoff's scheme. The mastermind behind the biggest Ponzi schemein U.S. history was sentencexd on Monday morning in federal court in Manhattajn to 150 yearsbehind bars, the maximumk requested by federal prosecutors. Madoff's attorneyu had asked for a far more lenient sentencee of12 years. In sentencing Madoff, U.S. District Judge Denngy Chin called thefraud “staggering” and said that the “breacu of trust was massive.” The judge describes his acts as “extraordinarily evil.
” “No other white-collar case is comparable in terms of the scope, duration and enormith of the fraud and the degrewe of the betrayal,” Chin said. Madofvf confessed in March to 11 countsincludingg fraud, money laundering theft and among other things. His victims reportedly numberf morethan 1,300 and stretch across the Their losses are estimated at more than $13 Prior to sentencing, Chin heard from nine of the victimws who talked about the devastation Madoff’s fraudc had caused to their lives and their Many of Madoff’s wealthy clients lived in Soutjh Florida and lost their life savings to his Fox, 86, said she is stilk furious that the and the federal governmeny didn’t expose Madoff’s fraud earlier.
“The SEC is just as guilt as Madoff and theyfailed us. Nobody seems to do anything about it,” Fox She also took issue with the largs fees being paid to people such as Irving H. Picard, the trustee who is handling the liquidatiomn ofBernard L. Madoff Investment Securities. “Thwe trustee Picard is making hisown They’re paying these guys millions of dollars. It woulc be better to pay the investors directly,” Fox Fox, a widow who once worked as secretaruy inNew York, said she invested $50,0000 in 1987 because she was relatedx to Madoff’s accountant, Jerry Horowitz.
She said she was able to get some moneg back from Social Securitpayments she’d made over the years on “phantom” income from Madofcf accounts. However, she is worried that her disbursementd may eventually be targeted in clawback efforts by the trusteer in bankruptcy proceedings who has begun sending out letters demanding the return of profits derived fromtheier investments. Guy Fronstin a Boca Ratonb attorney who hasadvised Fox, said the governmeng has “been good about refunding taxes but there are delays in processing claims to the Securities Investore Protection Corporation.
“Some of the people I know are too busy with thesre other issues to reallyh care that much aboutt whathappened today. They believed he would spend the rest of his days in Fronstin said. Jan Atlas, an attorney with Adorno said he believes the court had little choicee but to levy the maximum sentenceon Madoff. “Ik don’t think the victim s should have been victimized again by having him be able to leavr prisonone day,” said Atlas, whose firm continuew to advise clients about tax returns and possiblhy future claims against investmeny advisors who invested with Madoff.
“I’m wondering if the trustee will be able to locats more than the billion plusthat he’s located, and what is the real Atlas said. In addition to his prisonm term, Madoff was ordered to forfeitnearly $170 billion, whicg represents the proceeds of, and property involved in certain of his according to a news release from the U.S. Departmenr of Justice. “While today’s sentence is an importantt milestone, the investigation is continuing,” Lev L. Dassi, actinf U.S. Attorney for the Southern District of New said in anews release. “Wwe are focused on tracing, restraining and liquidating assetss to maximize recoveries forthe victims.
”
“I’m not surprised. That’s what he deserved,” said Adele Fox of Tamarac, who lost thousands of dollaresto Madoff's scheme. The mastermind behind the biggest Ponzi schemein U.S. history was sentencexd on Monday morning in federal court in Manhattajn to 150 yearsbehind bars, the maximumk requested by federal prosecutors. Madoff's attorneyu had asked for a far more lenient sentencee of12 years. In sentencing Madoff, U.S. District Judge Denngy Chin called thefraud “staggering” and said that the “breacu of trust was massive.” The judge describes his acts as “extraordinarily evil.
” “No other white-collar case is comparable in terms of the scope, duration and enormith of the fraud and the degrewe of the betrayal,” Chin said. Madofvf confessed in March to 11 countsincludingg fraud, money laundering theft and among other things. His victims reportedly numberf morethan 1,300 and stretch across the Their losses are estimated at more than $13 Prior to sentencing, Chin heard from nine of the victimws who talked about the devastation Madoff’s fraudc had caused to their lives and their Many of Madoff’s wealthy clients lived in Soutjh Florida and lost their life savings to his Fox, 86, said she is stilk furious that the and the federal governmeny didn’t expose Madoff’s fraud earlier.
“The SEC is just as guilt as Madoff and theyfailed us. Nobody seems to do anything about it,” Fox She also took issue with the largs fees being paid to people such as Irving H. Picard, the trustee who is handling the liquidatiomn ofBernard L. Madoff Investment Securities. “Thwe trustee Picard is making hisown They’re paying these guys millions of dollars. It woulc be better to pay the investors directly,” Fox Fox, a widow who once worked as secretaruy inNew York, said she invested $50,0000 in 1987 because she was relatedx to Madoff’s accountant, Jerry Horowitz.
She said she was able to get some moneg back from Social Securitpayments she’d made over the years on “phantom” income from Madofcf accounts. However, she is worried that her disbursementd may eventually be targeted in clawback efforts by the trusteer in bankruptcy proceedings who has begun sending out letters demanding the return of profits derived fromtheier investments. Guy Fronstin a Boca Ratonb attorney who hasadvised Fox, said the governmeng has “been good about refunding taxes but there are delays in processing claims to the Securities Investore Protection Corporation.
“Some of the people I know are too busy with thesre other issues to reallyh care that much aboutt whathappened today. They believed he would spend the rest of his days in Fronstin said. Jan Atlas, an attorney with Adorno said he believes the court had little choicee but to levy the maximum sentenceon Madoff. “Ik don’t think the victim s should have been victimized again by having him be able to leavr prisonone day,” said Atlas, whose firm continuew to advise clients about tax returns and possiblhy future claims against investmeny advisors who invested with Madoff.
“I’m wondering if the trustee will be able to locats more than the billion plusthat he’s located, and what is the real Atlas said. In addition to his prisonm term, Madoff was ordered to forfeitnearly $170 billion, whicg represents the proceeds of, and property involved in certain of his according to a news release from the U.S. Departmenr of Justice. “While today’s sentence is an importantt milestone, the investigation is continuing,” Lev L. Dassi, actinf U.S. Attorney for the Southern District of New said in anews release. “Wwe are focused on tracing, restraining and liquidating assetss to maximize recoveries forthe victims.
”
Sunday, December 4, 2011
HCP, Inc. Company Profile | HCP Company Information
mastering-input.blogspot.com
HCP, an S&P 500 company, invests primarily in real estat serving the healthcare industrt in theUnited States. We are a self-administered, Marylan real estate investmenttrust ("REIT") organized in 1985. We are headquarterex in Long Beach, California, with offices in Illinois; Nashville, Tennessee; and San Francisco, California. We develop, lease, manage and dispose of healthcare real estate and provide financing tohealthcare providers. Our portfolio is comprised of investments in the following fivehealthcaree segments: (i) senior housing, (ii) life science, (iii) medicakl office, (iv) hospital, and (v) skillexd nursing.
We make investments within our five healthcare segments usiny the following fiveinvestmenyt products: (i) properties under lease, (ii) investmenr management, (iii) developments, (iv) mezzanine and (v) non-managing member LLCs ("DownREITs"). The deliveryh of healthcare services requires realestate and, as a result, tenants and operators depend on real estate, in part, to maintain and grow their businesses.
We believe that the healthcare real estatse market provides investment opportunities dueto the:
HCP, an S&P 500 company, invests primarily in real estat serving the healthcare industrt in theUnited States. We are a self-administered, Marylan real estate investmenttrust ("REIT") organized in 1985. We are headquarterex in Long Beach, California, with offices in Illinois; Nashville, Tennessee; and San Francisco, California. We develop, lease, manage and dispose of healthcare real estate and provide financing tohealthcare providers. Our portfolio is comprised of investments in the following fivehealthcaree segments: (i) senior housing, (ii) life science, (iii) medicakl office, (iv) hospital, and (v) skillexd nursing.
We make investments within our five healthcare segments usiny the following fiveinvestmenyt products: (i) properties under lease, (ii) investmenr management, (iii) developments, (iv) mezzanine and (v) non-managing member LLCs ("DownREITs"). The deliveryh of healthcare services requires realestate and, as a result, tenants and operators depend on real estate, in part, to maintain and grow their businesses.
We believe that the healthcare real estatse market provides investment opportunities dueto the:
Thursday, December 1, 2011
Cushman & Wakefield loses third Miami exec - Minneapolis / St. Paul Business Journal:
zvonkovaleoqim.blogspot.com
Caplin’s exit is the latest of severalrecen high-profile departures at C&sW in Miami. The firm is one of Southh Florida's largest real estate brokerages and, like othe r brokerages, has seen few investmenf deals in the last Former branch manager Tere Blanca left in the springg tolaunch , a firm focused on office leasing and Hank Klein, executive director of C&WW in Florida, was notified last month that his positioj was being eliminated. Steelbridge owns and managese propertythroughout Florida. It sold , on Miami’ws Brickell Key, for $150 million in 2007 afterd an eight-year hold.
Steelbridge founder Gavi n Campbell will continue asmanaging principal, sharing the helm with Caplin is one of a handfull of commercial brokers involved in Soutb Florida’s largest commercial transactions. Caplin said his exit is in responsew to a paradigm shift in local investmentg that comes at the tail end of a where leasing and management for institutional investors became secondary tomarkey momentum. During the boom years leading up to the expectation was that assets with strontg track records could be purchased and flipped quicklu forbig returns. For a short period of time, some ownerss made the strategy work, but then the economic meltdown put the braked onthe market.
who bought in the last few were holding assets that cost too much compared tomarke fundamentals. The market has now shifted back to fundamental principlesof investment, with institutional investors and private capital “seekin to co-invest with nimble, local operating partners,” Caplin “The market and investors mostly believe it’s abou operations on the ground and knowingf how to position a building in a particuladr submarket,” he said. Caplin oversaw more than $7 billion in transactionz at C&W, including ’ $307 million purchase of a half-stakd in downtown Miami’s landmark and full ownershio of the 1221 Brickell buildingin 2006.
He was involved in the sale of 355 Alhambraz in Coral Gablesfor $87.3 million in 2008 and is currentlyt working with Hines to refinance its debt at . Caplinh is a graduate of south Miami-Dadw County’s Palmetto High School. He graduated from in 1985 witha bachelor’sa degree in finance and real Two years later, he left C&W’s appraisal grouop to launch the company’s locao investment sales operation. Caplin was part of a team in the late 1980sw that first specialized in investment salewin Miami. During the Steelbridge Capital had 2 million squarr feet of commercial real estate in its portfolioo in seven Florida marketsincluding Jacksonville, Naplez and Miami.
They sold much of it from 2005to 2007. Caplin’sz arrival marks another periodof opportunity-investmen t for the company, Steelbridge’s Campbelll said. "We think valuations are finally startin to lookattractive again,” Campbellk said in a statement. “The opportunity to buy Florida assets at significantf discounts to replacement costis imminent, while the long-term job and demographicd prospects for Florida and the Caribbean basin are as strong as ever. Jay’s leadership will be the linchpibn ofour strategy.
"
Caplin’s exit is the latest of severalrecen high-profile departures at C&sW in Miami. The firm is one of Southh Florida's largest real estate brokerages and, like othe r brokerages, has seen few investmenf deals in the last Former branch manager Tere Blanca left in the springg tolaunch , a firm focused on office leasing and Hank Klein, executive director of C&WW in Florida, was notified last month that his positioj was being eliminated. Steelbridge owns and managese propertythroughout Florida. It sold , on Miami’ws Brickell Key, for $150 million in 2007 afterd an eight-year hold.
Steelbridge founder Gavi n Campbell will continue asmanaging principal, sharing the helm with Caplin is one of a handfull of commercial brokers involved in Soutb Florida’s largest commercial transactions. Caplin said his exit is in responsew to a paradigm shift in local investmentg that comes at the tail end of a where leasing and management for institutional investors became secondary tomarkey momentum. During the boom years leading up to the expectation was that assets with strontg track records could be purchased and flipped quicklu forbig returns. For a short period of time, some ownerss made the strategy work, but then the economic meltdown put the braked onthe market.
who bought in the last few were holding assets that cost too much compared tomarke fundamentals. The market has now shifted back to fundamental principlesof investment, with institutional investors and private capital “seekin to co-invest with nimble, local operating partners,” Caplin “The market and investors mostly believe it’s abou operations on the ground and knowingf how to position a building in a particuladr submarket,” he said. Caplin oversaw more than $7 billion in transactionz at C&W, including ’ $307 million purchase of a half-stakd in downtown Miami’s landmark and full ownershio of the 1221 Brickell buildingin 2006.
He was involved in the sale of 355 Alhambraz in Coral Gablesfor $87.3 million in 2008 and is currentlyt working with Hines to refinance its debt at . Caplinh is a graduate of south Miami-Dadw County’s Palmetto High School. He graduated from in 1985 witha bachelor’sa degree in finance and real Two years later, he left C&W’s appraisal grouop to launch the company’s locao investment sales operation. Caplin was part of a team in the late 1980sw that first specialized in investment salewin Miami. During the Steelbridge Capital had 2 million squarr feet of commercial real estate in its portfolioo in seven Florida marketsincluding Jacksonville, Naplez and Miami.
They sold much of it from 2005to 2007. Caplin’sz arrival marks another periodof opportunity-investmen t for the company, Steelbridge’s Campbelll said. "We think valuations are finally startin to lookattractive again,” Campbellk said in a statement. “The opportunity to buy Florida assets at significantf discounts to replacement costis imminent, while the long-term job and demographicd prospects for Florida and the Caribbean basin are as strong as ever. Jay’s leadership will be the linchpibn ofour strategy.
"
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