Thursday, December 16, 2010

We can directly help Holy Land - Catholic Sentinel

mcneil-arcade.blogspot.com


We can directly help Holy Land

Catholic Sentinel


Contrary to Deacon Cummings' assertions in his column that “we may be unable to do anything very much or directly about peace in the Holy Land” there is a ...



and more »

Tuesday, December 14, 2010

Lotus legacy unclaimed - Gerard Lopez - BBC News

otomaqaqaba.blogspot.com


Globe and Mail


Lotus legacy unclaimed - Gerard Lopez

BBC News


Lotus Renault owner Gerard Lopez says that no current Formula 1 team can lay claim to the legacy of the original Lotus outfit. ...


Only one team will be c »

Saturday, December 11, 2010

BKD merges with Texas accounting firm - Wichita Business Journal:

torbjorntrainer1738.blogspot.com
The deal, terms of which were not makes Springfield, Mo.-based BKD one of the 10 largesg certified public accounting firms in theUnitesd States. BKD is Wichita's third-largesgt firm with 41 certified public accountants in itsWaterfron headquarters, according to the Wichita Business Journal's 2008 Book of Lists. With the BKD will add close to $16 million in annuapl revenue and95 employees. BKD says the acquisitiomn bolstersits audit, tax, risk management and transaction advisort services.
The move, the company strengthens its foothold in Texas with officeszin Houston, San Antonio and now “We want to continue our strategy of wise and the timing was right for us to have the partnerws and staff at KBA join us,” said Neal BKD’s chief executive, in a statement. “Ths commitment to excellence and client serviceof KBA’s partnerd makes them an excellent addition to BKD.
”

Thursday, December 9, 2010

Colorado stimulus board boosts minority-outreach effort - Business Courier of Cincinnati:

http://wood-news.com/news/wood/6284/
Maranda Pleau, the small business coordinatorfor Greeley-basedd general contractor , will join the Colorado Economidc Recovery and Accountability Board June 29, chairman Don Elliman said during a boarxd meeting Thursday. Her job is to ensure minorituy businesses are aware of contracts related to thestimulus package, Ellimanj said. Officials with the Colorado Department of Transportatiob told the board they will recommensd the agency review how it handles complaintes about road and bridge contracts and the use ofthese small, minority- and woman-owne businesses. CDOT's move came after Hamonb Contractors Inc.
in Denver raised concerns abou t a bridge repair project paid for with money from the Americanj Recovery andReinvestment Act. Hamon lost a bid Apri l 16 to rebuild two bridges over Interstatew 76 inAdams County. The lowest bid for the contracty camefrom Centennial-based , whicn bid $8 million for the nearly 15 percent under CDOT’s estimate of $9.4 million. Statwe contracts are typically awarded to thelowest bidder.
But Hamon objected to CDOT awardingf the projectto Sema, sayingh Sema didn’t make a "good-faitbh effort" to hire enough minority subcontractors, according to a June 3 letterd from Mark Cavanaugh, director of the Governor’s Economi c Recovery Team, to the accountability board. CDOT reviewed the and Sema’s efforts to get minorituy businesses involved in thebridge contract. The reviews concluded Sema metthe agency’ss threshold for trying and CDOT formally awarded the projecrt to the company, CDOT executive director Russ Georg e said. But CDOT wants to review how it handleas future complaints about using disadvantagef businesses onstate contracts.
Celina Benavidez, directo of administration for CDOT, told the accountability boarsd she will recommendthe agency’ commissioners form a revie w committee involving members of the agency, interest groups, the attorney general’s office, and federal transportation officials. How to gather inpu t from minority businesses about their experience with aprime contractor. At the Hamon attorney Seth Firmender thanked CDOT for being willinbg to reviewthe process. Helgq Grunerud, executive director of the Hispanic Contractorsof Colorado, also praisedf CDOT’s move, saying, "We believe we’ves been heard.
"

Monday, December 6, 2010

RehabCare to acquire Dallas long-term acute care hospital - St. Louis Business Journal:

http://www.flintsoft.com/amfcu/approval.html
Under the joint venture, St. Louis-based RehabCare will own 80 percen of the interests and the physicians will own the remaining 20 Financial terms were not The 60-bed hospital will also get a new name, the . Gulf Statexs LTAC was formerly owned by and a groupp of Dallasarea physicians. It is located at 8050 Meadoq Roadin Dallas. RehabCare will manage the daily operationsa ofthe hospital, and the hospital’s 190 staff membersx will become employees of the new joint venture. The agreementg will allow RehabCare “the opportunity to team with a preeminen t group oflocal physicians” as well as “reinforce our strategyg to expand our hospita operations,” said John H.
Short, RehabCares president and CEO. RehabCare’es presence in the Dallas-Fort Worth market currentlyt consists of its whollyowned , as well as a contract-managee inpatient rehabilitation facility, an outpatient program and more than 35 skillecd nursing facility rehabilitation programs. Long-term acute care hospitals providd specialized, around-the-clock care for extended stay patient with chronic or medicallycomplex conditions, such as braimn injury, cardiopulmonary disease, chronic pain and neuropathy. The average length of stay exceede25 days.
RehabCare provides rehab services in conjunction with morethan 1,2009 hospitals and skilled nursing facilities in 42 The company also owns and operatex freestanding rehabilitation and long-term acutwe care hospitals.

Saturday, December 4, 2010

Scrushy ordered to pay $2.8B for HealthSouth fraud - Philadelphia Business Journal:

andreychukuze.blogspot.com
billion in damages by a civilo court judge for his rolein ’s massivew accounting fraud scandal. The HealthSouth founder was deemex liable for losses incurredby shareholders, some of whom sued him seekinyg to recover their Judge Allwin Horn announced the verdict shortly after 10 a.m. Thursday. Horn’s judgment also declared Scrushy’s employmenr agreements with HealthSouth void. HealthSouth said it will receivw approximately 40 percent of any moneh recoveredfrom Scrushy. Attorneys for the shareholders filesd the suit against Scrushy on behalf of HealthSouth saying he directeds the accounting scandal had requested $3.6 billion.
Scrushy testified durin the trial and denied any He was brought to Jefferson County for the trialk from a Texasfederal prison, where he is currently servintg seven years for bribing then-Gov. Don Siegelman for a seat on a statw health carepolicy board. Scrushy was acquitted of criminal chargees in the HealthSouth fraudin 2005. HealthSouth said it is unsurer how much might be collectedfrom Scrushy, accordinvg to a news release. “We are pleased to see that justicwe has been served through this judgment and that anothef chapter of our past has been putbehindd us,” HealthSouth’s statement said.

Wednesday, December 1, 2010

Fraud busters co-pilot with attorneys in recent investigations - bizjournals:

http://www.venice-hotel-guide.com/2003/venice-city-centre-hotels.html
Mukamal is an accountant by trainingand certification, but such callws often come from attorneys. “Just the othetr day, attorneys for a trustee overseeing a condpo development calledand said, ‘Would you look at this for Mukamal said. “We looked at all the accounting standards and determined therr was a cause of action against the directoreand officers.” Accountants and attorneys work togethed more closely on fraud investigation than just about any other task.
Given the current era of real estate fraudc and Ponzi scheme blowups likeBernar Madoff’s, the skill and cooperation of good lawyers and accountants are more important than Mukamal has played many roles in largse financial investigations, from being in control of an estatwe as a trustee or receiver to providing advice for other receiversw or attorneys. He was a trustee for a small part ofSoutn Florida’s largest bank fraud at factoring company E.S. Bankest. “Fo the most part, accountants are used as a tool, but good attorneyx are open to suggestions from aforensicd accountant,” he said.
When he’s a receivedr or trustee, Mukamal, a partner at often coordinates the efforts of multipls lawyersand accountants. “I would be a conductor and directy my accountantsand attorneys,” he “Legal fees are not In some cases, I know I woulxd have a nice judgment I coulfd hang on my wall, but that doesn’t do any good if you’vee siphoned off all the money in obtaininy the judgment.” In one of Mukamal’s recent cases as a bankruptcy trustee, he secured a $6 million settlement in disputes with creditorsx of Laminate Kingdom, a Doral company that entered bankruptct with $20 million in claims against it.
He was represented by attorney Gary Freedmanof Tabas, . One of Soutn Florida’s best-known financial investigators is Lewis Freeman ofLewids B. Freeman & Partners in Miami’s Coconut Freeman’s biggest case was as received inthe E.S. Bankest fraud case, wher he examined money streams involving billion sof dollars. He was first appointed by the courrt as aneutral examiner, and then became a bankruptcy trustee. In that he was working with federapl prosecutors and relied on the support of threelaw firms.
the prosecutors have to do ‘CSI: on the numbers,” Freeman “So, the plaintiffs – which is usually the government – have to follows the money, and we are the ones who actuallhy go in and dothe autopsy.” Freeman works mostlt as an accountant, but is also an His legal help for E.S. Bankesyt came from Paul Battistaat , special counsel Stevee Thomas and attorneys at Berged Singerman. Investigating and recoveriny from real estate fraud has become a cottagde industry for some lawyersand accountants. Attorney Mark King of Jonex Walker in Miami has worked with to try to get a largr Bonita Springs condominium project back onits feet.
One of theifr tasks is figuring out if any fraud occurref and how the money mightbe “Often, a developer of a troubledx project will take out all the and attempt to justify it by saying it’x past-due management fees,” King “So, you need someone who understands managing propertiee and who is strong in numbersw to understand why that is or isn’ t so. KW has accountants who can do that.” The eventuao goal, with the accountants’ help, is to explain what happenesd to a judgeor jury, or to reachb a settlement before that happens.
“At some point, I’mn going into court to try to explainwhat happened, and tell the judged how we know it,” King said.