Philly.com | Strong Quake Rocks N. Calif. Philly.com After her home was destroyed in an earthquake-related fire , Nola Rawlins (left) is comforted by her friend Jean Crawford. No one was injured in the blaze at Napa V » |
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Monday, August 25, 2014
Strong Quake Rocks N. Calif. - Philly.com
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Saturday, August 23, 2014
Ferguson Cop in Fatal Shooting Gets 'Unwavering Support' - ABC News
ABC News | Ferguson Cop in Fatal Shooting Gets 'Unwavering Support' ABC News About a hundred people turned out at a r » |
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Friday, August 22, 2014
Lupica: Obama's return to the links shows lack of leadership in face of ISIS threat - New York Daily News
New York Daily News | Lupica: Obama's return to the links shows lack of leadership in face of ISIS threat New York Daily News There are so many reasons, too many, why the American people now think Barack Obama is about as good at being President as he is at hitting a golf b » |
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Wednesday, August 20, 2014
Obama condemns killing of reporter, US hits militants in Iraq - Reuters
Reuters | Obama condemns killing of reporter, US hits militants in Iraq Reuters BAGHDAD/EDGARTOWN Mass. (Reuters) - U.S. President Barack Obama expressed revulsion on Wednesday at the beheading of an American journalist by Islamist militants and vowed the United States would do what it must to protect its citizens as ... Slain journalist James Foley's hometown in New Hampshire grieves Some Commanders of Insurgency in Iraq Retreat to Syria |
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Wednesday, February 27, 2013
Colorado biotech expert to address ABQ association - Denver Business Journal:
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Brown has nearly three decades of experiencse including stints at the Colorado Genera l Assembly and as a member of heColoradpo governor's staff. She worked for 17 yeards at the , where she led major projects such as the corporatw reorganization of the and the transfer of the School of Pharmacyu from Boulder to the Health SciencesCenter Campus. She also was chieff of the university president's staff for four years.
As head of the 300-membedr Colorado Biotechnology Association, Brown is lead manager for the implementatiohn of a new statewide bioscience The Colorado association works to unify promotenetworking opportunities, support favorablee public policy and inform the publicf about the biotechnology industry. Brown's presentaton will run from 11:3p a.m. to 1 p.m. at the Sciencre and Technology Park Rotunda Room at 801Universitt Blvd. SE. Participation is $25 for NMBio members and $35 for lunch included. To reserve a space, writwe to Annie Hooten at anniehooten@aol.
com, or call her at (505)
Brown has nearly three decades of experiencse including stints at the Colorado Genera l Assembly and as a member of heColoradpo governor's staff. She worked for 17 yeards at the , where she led major projects such as the corporatw reorganization of the and the transfer of the School of Pharmacyu from Boulder to the Health SciencesCenter Campus. She also was chieff of the university president's staff for four years.
As head of the 300-membedr Colorado Biotechnology Association, Brown is lead manager for the implementatiohn of a new statewide bioscience The Colorado association works to unify promotenetworking opportunities, support favorablee public policy and inform the publicf about the biotechnology industry. Brown's presentaton will run from 11:3p a.m. to 1 p.m. at the Sciencre and Technology Park Rotunda Room at 801Universitt Blvd. SE. Participation is $25 for NMBio members and $35 for lunch included. To reserve a space, writwe to Annie Hooten at anniehooten@aol.
com, or call her at (505)
Friday, February 22, 2013
The Legend partners agree to buy Bristlecone Pines - The Business Journal of Milwaukee:
ramsburgsyuheo1544.blogspot.com
The Legend expects the transactionn to close in 30 days or less and is subjecg to the members of Bristlecone Pinew rescinding an option to matchThe Legend's purchasre offer. The exact purchase price was not disclosed. The Legens plans to rename Bristlecone The Legendat Bristlecone. Rather than operate two separate clubs, The Legend at Brandybrookj and The Legend at Bristlecone will be one combiner club for the benefiy if its collective members and prospective memberes insoutheast Wisconsin. Legend Memberas now have access to 36 holews ofchampionship golf, two clubhouses, and all the familgy golf, swim, tennis, and sociapl programming that goes along with it.
“The dual-club concept allows us to do so much more for our while keeping their dues to a saidJack Gaudion, managing partner of The No other club can riva l The Legend’s dual club facilities, said Gaudion. Combine that with the reciprocal benefits Legend members have at The Legend at Bergamontt in Oregon and Legenrd members have access to three ChampionshipoGolf Courses, one fully private two semi-private full-service clubhouses, and three tennis, and fitness complexes, said Gaudion.
As the golf club industryy is in decline around the The Legend continues to thrive and expand withits family-oriented club refundable membership deposits, and young, activwe membership, Gaudion said. “We remainn bullish on the private club business model in theright location,” said “Waukesha County has long term growth potentiaol for families looking to invest in a club The Legend at Bristlecone will still allow limited publicc access until going fully private in or in April of based on the success of an aggressivs membership drive just recently announced. For the next 90 initiation deposits at The Legen d will be soldfor $15,000.
At the end of those 90 deposits will return to theusual “In these unprecedented times, it seems that many people are understandabl y leery of a major discretionary said club president Kevin Scharnek. The Legend is a privatelu owned, non-member equity club, which was foundexd in 2003 with the openinh of The Legend at Brandybrookjin Wales. In 2007, The Legends purchased The Bergamont, now The Legendr at Bergamont, in Oregon. The centerpiece of The Legen at Brandybrook is aworld 7,006 yard, golf course and is know n for its firm and fast tour-like playing conditions.
The Legend has been raterd the number-two private course in the Milwaukee area by The Businesa Journal and has hostedthe ’x Future Legends for several years. The Legendd was nominated as Golf Digest’s “Best New Private Coursee in Americain 2004.” The Legende at Bristlecone’s championship golf course was designed by Scot Miller, a former senior designer for Jack Nicklaus. Playingg to 7,005 yards with a par of 71, The Legencd at Bristlecone has already played host to morethan one-half dozen statwe tournaments including regional qualifying for the U.S. Open and the Stat Amateur Championship. Bristlecone will host the Wisconsin State Openin 2010.
The Legend expects the transactionn to close in 30 days or less and is subjecg to the members of Bristlecone Pinew rescinding an option to matchThe Legend's purchasre offer. The exact purchase price was not disclosed. The Legens plans to rename Bristlecone The Legendat Bristlecone. Rather than operate two separate clubs, The Legend at Brandybrookj and The Legend at Bristlecone will be one combiner club for the benefiy if its collective members and prospective memberes insoutheast Wisconsin. Legend Memberas now have access to 36 holews ofchampionship golf, two clubhouses, and all the familgy golf, swim, tennis, and sociapl programming that goes along with it.
“The dual-club concept allows us to do so much more for our while keeping their dues to a saidJack Gaudion, managing partner of The No other club can riva l The Legend’s dual club facilities, said Gaudion. Combine that with the reciprocal benefits Legend members have at The Legend at Bergamontt in Oregon and Legenrd members have access to three ChampionshipoGolf Courses, one fully private two semi-private full-service clubhouses, and three tennis, and fitness complexes, said Gaudion.
As the golf club industryy is in decline around the The Legend continues to thrive and expand withits family-oriented club refundable membership deposits, and young, activwe membership, Gaudion said. “We remainn bullish on the private club business model in theright location,” said “Waukesha County has long term growth potentiaol for families looking to invest in a club The Legend at Bristlecone will still allow limited publicc access until going fully private in or in April of based on the success of an aggressivs membership drive just recently announced. For the next 90 initiation deposits at The Legen d will be soldfor $15,000.
At the end of those 90 deposits will return to theusual “In these unprecedented times, it seems that many people are understandabl y leery of a major discretionary said club president Kevin Scharnek. The Legend is a privatelu owned, non-member equity club, which was foundexd in 2003 with the openinh of The Legend at Brandybrookjin Wales. In 2007, The Legends purchased The Bergamont, now The Legendr at Bergamont, in Oregon. The centerpiece of The Legen at Brandybrook is aworld 7,006 yard, golf course and is know n for its firm and fast tour-like playing conditions.
The Legend has been raterd the number-two private course in the Milwaukee area by The Businesa Journal and has hostedthe ’x Future Legends for several years. The Legendd was nominated as Golf Digest’s “Best New Private Coursee in Americain 2004.” The Legende at Bristlecone’s championship golf course was designed by Scot Miller, a former senior designer for Jack Nicklaus. Playingg to 7,005 yards with a par of 71, The Legencd at Bristlecone has already played host to morethan one-half dozen statwe tournaments including regional qualifying for the U.S. Open and the Stat Amateur Championship. Bristlecone will host the Wisconsin State Openin 2010.
Sunday, February 17, 2013
Cape Wind secures permits to begin construction - Charlotte Business Journal:
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State Energy Facilities Sitinh Board members unanimously approved the project with minorr modificationslast week, and state Undersecretary for Energy Ann Berwick signer the certificate Thursday. The certificate completese seven years of local and state environmental review ofthe “Massachusetts has done its job to give this projectt a long and thorough reviewq on the merits, and the federal review proceses is winding to a close,” said Gov. Deval Patricki in a prepared written statement. “The time has come to see the firsft offshore wind farm in America rise off the Massachusetts a powerful symbol of our commitment to a clean energy future.
” The composite permit granted by the state can only be overturnedc by the . Cape Wind still needs final approvalp fromthe U.S. Minerals Management Servic e tobegin construction.
State Energy Facilities Sitinh Board members unanimously approved the project with minorr modificationslast week, and state Undersecretary for Energy Ann Berwick signer the certificate Thursday. The certificate completese seven years of local and state environmental review ofthe “Massachusetts has done its job to give this projectt a long and thorough reviewq on the merits, and the federal review proceses is winding to a close,” said Gov. Deval Patricki in a prepared written statement. “The time has come to see the firsft offshore wind farm in America rise off the Massachusetts a powerful symbol of our commitment to a clean energy future.
” The composite permit granted by the state can only be overturnedc by the . Cape Wind still needs final approvalp fromthe U.S. Minerals Management Servic e tobegin construction.
Tuesday, February 12, 2013
Wakeup Call: Spurs show why they're the gold standard - Comcast SportsNet New England
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Wakeup Call: Spurs show why they're the gold standard Comcast SportsNet New England Wakeup Call: Spurs show why they're the gold standard. ART MARTONE. Celtics faced with more adversity after Barbosa injury · Celtics-Bobcats review: Tired legs doom C's · Amica Game Recap: A tired loss for Celtics · CELTICS VIDEO · Marshall: Green ... |
Wednesday, February 6, 2013
Seattle City Council drafting regulations for police use of drones - OregonLive.com
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MyNorthwest.com | Seattle City Council drafting regulations for police use of drones OregonLive.com SPOKANE -- The Seattle City Council may vote Wednesday afternoon on regulations for the police department's use of drones. The department says drones will be used to provide an overhead view of large crime scenes, serious accidents, disasters and ... Seattle council drafting rules for police drones |
Friday, February 1, 2013
WellCare execs promoted - Washington Business Journal:
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In his new role, O’Neillk will report directly toCharles Berg, executivw chairman of WellCare, and will continue to lead the company’ efforts to resolve pending investigations and a release said. WellCare (NYSE: WCG), a Tampa-based compang that provides managed care services exclusivelyfor government-sponsored health care recently announced settlements with the Justice Department and the , stemminh from a scheme to defraud the prograk and the As part of the settlemengt with the U.S. Attorney for the Middls Districtof Florida, WellCare agreed to a corporate compliancr and governance program.
O’Neill will play a key role as thecompanyh “further strengthens its culture of compliance,” the released said. O’Neill will serve in his new position through the end ofthe year, the releas said. In a filing with the SEC, WellCares said O’Neill’s amended employmentg agreement calls for him to continue to receivw his current base salary of not lessthan $41,6667 a month. He also could get a cash bonuz of 50 percent of his annua l base salary if he achieves certainperformancs goals. If he stays on the job through the end ofthe he’s in line for an additional cash bonu of at least $750,000, the filinvg said.
Financial terms of Susanin’s new position were not immediately disclosed. Before joining WellCare, O’Neill was a partner at , generapl counsel for the , and an assistant U.S. attorney. Susanim previously was counsel to and then a partner in the law and also anassistant U.S. attorney for the Districy of Columbia and the eastern districtof
In his new role, O’Neillk will report directly toCharles Berg, executivw chairman of WellCare, and will continue to lead the company’ efforts to resolve pending investigations and a release said. WellCare (NYSE: WCG), a Tampa-based compang that provides managed care services exclusivelyfor government-sponsored health care recently announced settlements with the Justice Department and the , stemminh from a scheme to defraud the prograk and the As part of the settlemengt with the U.S. Attorney for the Middls Districtof Florida, WellCare agreed to a corporate compliancr and governance program.
O’Neill will play a key role as thecompanyh “further strengthens its culture of compliance,” the released said. O’Neill will serve in his new position through the end ofthe year, the releas said. In a filing with the SEC, WellCares said O’Neill’s amended employmentg agreement calls for him to continue to receivw his current base salary of not lessthan $41,6667 a month. He also could get a cash bonuz of 50 percent of his annua l base salary if he achieves certainperformancs goals. If he stays on the job through the end ofthe he’s in line for an additional cash bonu of at least $750,000, the filinvg said.
Financial terms of Susanin’s new position were not immediately disclosed. Before joining WellCare, O’Neill was a partner at , generapl counsel for the , and an assistant U.S. attorney. Susanim previously was counsel to and then a partner in the law and also anassistant U.S. attorney for the Districy of Columbia and the eastern districtof
Sunday, January 27, 2013
Ted Cruz: Real Immigration Reform Requires 'Securing the Borders' - Newsmax.com
8511ysu.blogspot.com
Ted Cruz: Real Immigration Reform Requires 'Securing the Borders' Newsmax.com While Cruz told Newsmax that he needed to see specifics on the plan, he added: “We need to put serious efforts in place, including tripling the border control, including a strong e-verify plan to secure the border.†More broadly, however, Cruz said ... |
Tuesday, January 22, 2013
State manufacturers offered access to two lean-transformation programs - Business First of Louisville:
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The first program, Kentucky is designed to transform a single business througyan on-site, hands-on training sequence. It includes a complet e operations assessment to help identify possible improvements and createra vision, performance targets and cost savings. The second the Community Action Partnership, is designed for smaller companies. Up to six firmes can participate atone time. The programk includes three, weeklong events held at one of theparticipatingy company’s work sites. The process is intendesd to build a strong community networjk for theparticipating companies.
“First-year savings will pay for the prograkm manytimes over,” said Jim KAM president and CEO, in a news release. “I addition, results are guaranteed (by the institute), and a budget-neutralo approach is available to defer payment for the progra m until the savingsare realized.” More information about the program is availablw online at www.theleanway.com.
The first program, Kentucky is designed to transform a single business througyan on-site, hands-on training sequence. It includes a complet e operations assessment to help identify possible improvements and createra vision, performance targets and cost savings. The second the Community Action Partnership, is designed for smaller companies. Up to six firmes can participate atone time. The programk includes three, weeklong events held at one of theparticipatingy company’s work sites. The process is intendesd to build a strong community networjk for theparticipating companies.
“First-year savings will pay for the prograkm manytimes over,” said Jim KAM president and CEO, in a news release. “I addition, results are guaranteed (by the institute), and a budget-neutralo approach is available to defer payment for the progra m until the savingsare realized.” More information about the program is availablw online at www.theleanway.com.
Thursday, January 17, 2013
The Morning Plum: The increasingly isolated GOP - Washington Post (blog)
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CBS News | The Morning Plum: The increasingly isolated GOP Washington Post (blog) The Republican Party continues to stage a big, dramatic showdown ostensibly designed to save the republic from Obama's reckless overspending. It turns out, though, that it's a showdown that nobody â€" except for a sm » |
Sunday, January 13, 2013
Wheel Of Fortune FAIL: I Have The Wine By Johnny Cash (VIDEO) - Huffington Post (satire)
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Mediaite | Wheel Of Fortune FAIL: I Have The Wine By Johnny Cash (VIDEO) Huffington Post (satire) Wheel Of Fortune FAIL: I Have The Wine By Johnny Cash (VIDEO). Posted: 01/13/2013 1:48 pm EST | Updated: 01/13/2013 1:48 pm EST. reddit stumble · Share on Google+. Get Comedy Alerts: Sign Up. React: Gross Funny Crazy Adorable Weird Amazing ... The Worst 'Wheel of Fortune' Player Ever Embarrassing Wheel Of Fortune Fail: Contestant Completely Bungles Johnny ... Worst Wheel of Fortune Contestant Ever Thinks Johnny Cash Wrote ... |
Wednesday, January 9, 2013
Conference Board employment index edges up in May - Business First of Louisville:
geqopimozaqyxyh.blogspot.com
The organization’s Employment Trends Index was up 0.2 percent from 89.7 in Aprik and down from 113 in May The Conference Board said Monday. The index numbere is relative to 100for 1996. “While it is too early to say that the ETI has the moderation of the last two monthsa is certainly a sign that the decline in job lossesw is real and signals that the worstris over,” Gad Levanon, The Conference Board’s senior economist, said in a release.
“However, as the economic recovery over the coming month s is likely to be very we still expect the unemployment rate to continued to increase to double digits by the end of this year andinto • Percentage of respondents who say they find “jobe hard to get,” gathere d from The Conference Board Consumed Confidence Survey. • Initial claims for unemploymenrt insurance, from statistics. • Percentage of firma with positions not able to fill right now becausde of inability to findsuitable candidates, from the . Number of employees hired by the temporary-help industry, from the . • Part-time workers for economic reasons, from Bureau of Laboe Statistics.
• Job openings, from the Bureai of Labor Statistics. • Industrial production, from the . Real manufacturing and trade sales, from the . The Conferencew Board is an independent NewYork City-basede nonprofit organization whose mission is to provides organizations with the practicapl knowledge they need to improve their performancee and better serve society.
The organization’s Employment Trends Index was up 0.2 percent from 89.7 in Aprik and down from 113 in May The Conference Board said Monday. The index numbere is relative to 100for 1996. “While it is too early to say that the ETI has the moderation of the last two monthsa is certainly a sign that the decline in job lossesw is real and signals that the worstris over,” Gad Levanon, The Conference Board’s senior economist, said in a release.
“However, as the economic recovery over the coming month s is likely to be very we still expect the unemployment rate to continued to increase to double digits by the end of this year andinto • Percentage of respondents who say they find “jobe hard to get,” gathere d from The Conference Board Consumed Confidence Survey. • Initial claims for unemploymenrt insurance, from statistics. • Percentage of firma with positions not able to fill right now becausde of inability to findsuitable candidates, from the . Number of employees hired by the temporary-help industry, from the . • Part-time workers for economic reasons, from Bureau of Laboe Statistics.
• Job openings, from the Bureai of Labor Statistics. • Industrial production, from the . Real manufacturing and trade sales, from the . The Conferencew Board is an independent NewYork City-basede nonprofit organization whose mission is to provides organizations with the practicapl knowledge they need to improve their performancee and better serve society.
Tuesday, January 8, 2013
Fed expects little inflation - Jacksonville Business Journal:
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The Fed’s benchmark interest rate was held steady in a rangs of 0to 0.25 The Fed “continues to anticipatew that economic conditions are likely to warranyt exceptionally low levels of the federal funds rate for an extendecd period,” it said in a statement releasedf following its meeting. Despite rising energy and commodity “the committee expects that inflation will remaimn subdued forsome time,” the statement said. The Federal Reservew also left its bond purchase plans repeating its commitment to buy upto $1.2r5 trillion of agency mortgage-backed securitiese and up to $200 billion of agenc debt by the end of the year.
The Federaol Reserve also will buy upto $300 billion of Treasurh securities by autumn. The Fed now believez the pace of economic contractionis slowing, citing furthe signs of household spending stabilizing and improvinv conditions in the financial markets. Among economic reports that may supportthe Fed’s believf that the economy will soon be on the mend was the latest data on factory orders, showing ordere for durable goods unexpectedly rose in May for the seconr consecutive month.
The Fed’s benchmark interest rate was held steady in a rangs of 0to 0.25 The Fed “continues to anticipatew that economic conditions are likely to warranyt exceptionally low levels of the federal funds rate for an extendecd period,” it said in a statement releasedf following its meeting. Despite rising energy and commodity “the committee expects that inflation will remaimn subdued forsome time,” the statement said. The Federal Reservew also left its bond purchase plans repeating its commitment to buy upto $1.2r5 trillion of agency mortgage-backed securitiese and up to $200 billion of agenc debt by the end of the year.
The Federaol Reserve also will buy upto $300 billion of Treasurh securities by autumn. The Fed now believez the pace of economic contractionis slowing, citing furthe signs of household spending stabilizing and improvinv conditions in the financial markets. Among economic reports that may supportthe Fed’s believf that the economy will soon be on the mend was the latest data on factory orders, showing ordere for durable goods unexpectedly rose in May for the seconr consecutive month.
Monday, January 7, 2013
Retail Brokers Inc. principals face lawsuits related to investments - Houston Business Journal:
awipekyhila.blogspot.com
million in loans from an Oklahoma bank tothe pair’z real estate partnerships. The two men also are defendantss in three investor lawsuits claiming they mismanaged investmentsa in their retail real estate The developers are trying to settlr theinvestor complaints, according to several attorneyws familiar with the cases. In the pair settled a similar investor suit out of Barnessand Papakyriakou, principals of Scottsdale-based , own shoppingy centers in Phoenix, Gilbert and Glendale. They operate each centef under a separate business The pair also are involved in a numbe rof Phoenix-area charitable organizations.
Barness, for example, is activew with local Jewish community causes and helpedf raise money forArizona Sen. John McCain’s 2008 presidentialp bid. Papakyriakou also goes by the name Alex The filed its suits in late January in Maricopz CountySuperior Court, claiming the developeras failed to pay back three loans totaling $9.5 million, according to court Mike Manning, Phoenix managing partner of , the law firm representing the declined to comment on the pending “We cannot comment on the record,” Manninv said. RBI and Barness’ charitable foundationn did not respond to requestsfor comment.
No officia response to the lawsuit was filerd by the defendants by press The investor lawsuits were filed in Maricopa Count y Superior Court against Barneszand Papakyriakou’s real estate businesses. Those threse investor claims may be consolidated undetr Maricopa Superior Court Judge John Buttrick and settled according to legal sourcex who would not go onthe record. Barnesws and Papakyriakou’s attorney, Jeffrey Leonard, said he expect the investor lawsuits to be resolved He said the resolutions would be viamutualk agreement, but declined to say whether they woule involve out-of-court settlements.
Leonard also woulx not comment about the resolution or settlemenft of the 2008investor lawsuit. Barness and Papakyriakou did not commeny forthis story. Other lawyers familiar with the investofr suits said a settlement isbeinb negotiated. Robert Mitchell, the investor/plaintiff’sa attorney in the 2008 claim against Barnes sand Papakyriakou, said he could not comment. “Allp I can tell you is that the case was he said. The 2008 case claimedd Barness and Papakyriakou deceived investorswith self-deales and misrepresented sales and financiaol proceeds.
One of the 2009 in-vestor suitds was filed by Phoenixcardiologist Na-thajn Laufer and four other investors who say Barness and Papakyriakohu raised as much as $400 million in equity investments and loans for their real estate and shoppingb center businesses. They claim the defendants “wrongfully diverted nearlt $50 million to according to court documents. The Laufer suit also contendss Barness and Papakyriakou improperly used investmenft money in some dealds between business entitiesthey owned, and that the sales benefitec the defendants but not the investors. The suit claim fraud, breach of contract and failure to meetfiduciary responsibilities.
Plaintiffs in the Laufer case say theyinvestecd $1.3 million in Barness-Papakyriakou real estate Attorneys representing the plaintiffs in the Laufer case woulfd not comment. A second investoer suit, filed by the Eugene and Lenore SchupakFamily Trust, claims the trus t invested $10.4 million in Barness- and Papakyriakou-ownedr shopping centers in Arizona and real estate partnerships. The same suit contendss anotherfamily entity, Schupal Partners I, invested $953,000 in Castle Yuma Dev Partners, an investmentr entity created by the
million in loans from an Oklahoma bank tothe pair’z real estate partnerships. The two men also are defendantss in three investor lawsuits claiming they mismanaged investmentsa in their retail real estate The developers are trying to settlr theinvestor complaints, according to several attorneyws familiar with the cases. In the pair settled a similar investor suit out of Barnessand Papakyriakou, principals of Scottsdale-based , own shoppingy centers in Phoenix, Gilbert and Glendale. They operate each centef under a separate business The pair also are involved in a numbe rof Phoenix-area charitable organizations.
Barness, for example, is activew with local Jewish community causes and helpedf raise money forArizona Sen. John McCain’s 2008 presidentialp bid. Papakyriakou also goes by the name Alex The filed its suits in late January in Maricopz CountySuperior Court, claiming the developeras failed to pay back three loans totaling $9.5 million, according to court Mike Manning, Phoenix managing partner of , the law firm representing the declined to comment on the pending “We cannot comment on the record,” Manninv said. RBI and Barness’ charitable foundationn did not respond to requestsfor comment.
No officia response to the lawsuit was filerd by the defendants by press The investor lawsuits were filed in Maricopa Count y Superior Court against Barneszand Papakyriakou’s real estate businesses. Those threse investor claims may be consolidated undetr Maricopa Superior Court Judge John Buttrick and settled according to legal sourcex who would not go onthe record. Barnesws and Papakyriakou’s attorney, Jeffrey Leonard, said he expect the investor lawsuits to be resolved He said the resolutions would be viamutualk agreement, but declined to say whether they woule involve out-of-court settlements.
Leonard also woulx not comment about the resolution or settlemenft of the 2008investor lawsuit. Barness and Papakyriakou did not commeny forthis story. Other lawyers familiar with the investofr suits said a settlement isbeinb negotiated. Robert Mitchell, the investor/plaintiff’sa attorney in the 2008 claim against Barnes sand Papakyriakou, said he could not comment. “Allp I can tell you is that the case was he said. The 2008 case claimedd Barness and Papakyriakou deceived investorswith self-deales and misrepresented sales and financiaol proceeds.
One of the 2009 in-vestor suitds was filed by Phoenixcardiologist Na-thajn Laufer and four other investors who say Barness and Papakyriakohu raised as much as $400 million in equity investments and loans for their real estate and shoppingb center businesses. They claim the defendants “wrongfully diverted nearlt $50 million to according to court documents. The Laufer suit also contendss Barness and Papakyriakou improperly used investmenft money in some dealds between business entitiesthey owned, and that the sales benefitec the defendants but not the investors. The suit claim fraud, breach of contract and failure to meetfiduciary responsibilities.
Plaintiffs in the Laufer case say theyinvestecd $1.3 million in Barness-Papakyriakou real estate Attorneys representing the plaintiffs in the Laufer case woulfd not comment. A second investoer suit, filed by the Eugene and Lenore SchupakFamily Trust, claims the trus t invested $10.4 million in Barness- and Papakyriakou-ownedr shopping centers in Arizona and real estate partnerships. The same suit contendss anotherfamily entity, Schupal Partners I, invested $953,000 in Castle Yuma Dev Partners, an investmentr entity created by the
Saturday, January 5, 2013
Mortgage applications fall, rates rise - Washington Business Journal:
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The industry group said the inde for new and refinanced loane for the week ended May 29fell 16.2 The results include an adjustment to account for Memoriap Day. On an unadjusted basis, the index decreased 32.5 percent comparerd to the previous week andincreased 14.4 percengt compared to the same week a year ago. The refinance sharer of mortgage activity decreasedto 62.4 percent of total application from 69.3 percent the previous The adjustable-rate mortgage (ARM) share of activityu increased to 3 percent from 2.6 percent of totalk applications the previous week. The average interest rate for 30-year fixed-ratre mortgages increased to 5.25 percent from 4.
81 percent, with pointss decreasing to 1.02 from The 44-basis-point increase in the 30-year rate was the largestr sincea 48-basis-point increase in October 2008. The averagd interest rate for 15-yea r fixed-rate mortgages increased to 4.8 percent from 4.44 percent, with pointd decreasing to 1.1 from 1.16. The average interestf rate for one-year ARMs increased to 6.61 perceng from 6.55 percent, with pointsa increasing to 0.15 from 0.
12 (including the originatio fee) for 80 percent loan-to-value
The industry group said the inde for new and refinanced loane for the week ended May 29fell 16.2 The results include an adjustment to account for Memoriap Day. On an unadjusted basis, the index decreased 32.5 percent comparerd to the previous week andincreased 14.4 percengt compared to the same week a year ago. The refinance sharer of mortgage activity decreasedto 62.4 percent of total application from 69.3 percent the previous The adjustable-rate mortgage (ARM) share of activityu increased to 3 percent from 2.6 percent of totalk applications the previous week. The average interest rate for 30-year fixed-ratre mortgages increased to 5.25 percent from 4.
81 percent, with pointss decreasing to 1.02 from The 44-basis-point increase in the 30-year rate was the largestr sincea 48-basis-point increase in October 2008. The averagd interest rate for 15-yea r fixed-rate mortgages increased to 4.8 percent from 4.44 percent, with pointd decreasing to 1.1 from 1.16. The average interestf rate for one-year ARMs increased to 6.61 perceng from 6.55 percent, with pointsa increasing to 0.15 from 0.
12 (including the originatio fee) for 80 percent loan-to-value
Friday, January 4, 2013
ATC powers up central Wisconsin electric line - The Business Journal of Milwaukee:
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The new power one of the highest-capacity lines in the connects the Werner West Substation near New Londobn to the Gardner Park Substation adjacent to the Weston Power Plantnear Wausau. The line also passee through a new substation locate along Highway 22 north of Construction work is continuing in Shawano County between the Highwayu 22 and the White Clay substationsw in the townof Washington. That segmentf is the last portion ofthe Morgan-Wernert West line and is schedulefd for an on-time completionh later this year.
Previously this year, a new 138-kilovolt line was energizedr from Werner West to theBadger Substation, located adjacentt to the Highway 22 The two new lines are needed to more fullty support a new generator at the Westomn Power Plant that went into service last year and to relievr congestion on lines in and around the Green Bay and Fox Valle areas. The Public Service Commission of Wisconsin authorizesd the projects at a combined costof $263 million, withimn a 10-percent window.
The new power one of the highest-capacity lines in the connects the Werner West Substation near New Londobn to the Gardner Park Substation adjacent to the Weston Power Plantnear Wausau. The line also passee through a new substation locate along Highway 22 north of Construction work is continuing in Shawano County between the Highwayu 22 and the White Clay substationsw in the townof Washington. That segmentf is the last portion ofthe Morgan-Wernert West line and is schedulefd for an on-time completionh later this year.
Previously this year, a new 138-kilovolt line was energizedr from Werner West to theBadger Substation, located adjacentt to the Highway 22 The two new lines are needed to more fullty support a new generator at the Westomn Power Plant that went into service last year and to relievr congestion on lines in and around the Green Bay and Fox Valle areas. The Public Service Commission of Wisconsin authorizesd the projects at a combined costof $263 million, withimn a 10-percent window.
Thursday, January 3, 2013
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