qalymeled.wordpress.com
Waste Management of Oregon said the Hillsboro facilithy will accept construction anddemolition castoffs, such as asphalt, wood and metals. The 65,000-square-foot center cost the compangy $10 million and will meet sustainabilitty standards set by the Leadershi p in Energy and Environmental The building includes a translucent roof that alloww for natural lighting and reducesenergy consumption. The roof includese a system that harvests rainwaterr so it can be used laterf atthe site. A powerful ventilatiojn system circulates fresh air through the facility everg10 minutes. The project created 100 construction jobs and resulte d in 20permanent jobs. The new facility is at 3205 S.E.
Mintedr Bridge Road near Hillsboro. Waste Management also operates a nearby landfill and manages more than 100 acre s of certified wildlife habitat and The center, which opens July 1, will accept constructionm and demolition debris, yard debris and concrete and asphalt, wood, scrao metal, clean dirt, corrugated cardboard, appliances, tires, car motor oil, tin cans and plastic containers numbered one through seven. Wast e Management is based in Houston.
Friday, September 30, 2011
Wednesday, September 28, 2011
Woodbridge non-profit renews flood relief efforts - Inside NoVA
youngmanmeledero1636.blogspot.com
PotomacLocal.com | Woodbridge non-profit renews flood relief efforts Inside NoVA Mexicanos Sin Fronteras held a press conference at the Holly Acres mobile home park in Woodbridge Tuesday morning and gave updates on housing and donation efforts for flood victims. They also announc (more) Debris from receded water caused Blackburn ... Group to hold benefit event for Prince William flood victims 40 Flooded Families Still Seek Permanent Shelter in Prince William Flood Victims in Need of Permanent Housing, Donations |
Monday, September 26, 2011
BLM seeks comment on use of public land for large solar-energy projects - Phoenix Business Journal:
doqujamup.wordpress.com
The land management agencu that 24 large tracts of federal land in theWest — includintg nearly 21,000 acres in Colorado’xs San Luis Valley would be studied for their solar powee potential. Other states involved are California, Nevada, Arizona, Utah and New The goal is to speed project permittingtfor utility-scale solar power projects. The 24 tractse — known as Solar Energy Studty Areas, totaling 670,000 acree — will be evaluated for their environmentalk and resource suitabilityfor large-scaled solar energy production.
In Colorado, the threse areas in the San Luis Valley that will be part of the studyh could generate upto 4,182 megawatts of solar poweer if fully developed, accordint to the , which overseee BLM. Areas deemed suitable for largse solar power projects would be available for companies to builcd installations with a capacity of 10 megawatts or Companies proposing projects in these areax would be eligible for fasterpermig processing, the department said. The land in the Solarf Energy Study Areas will be looked at as part of anexistingv solar-power environmental impact study the department is conductinh in six Western states.
An in-depth environmental revies is being paid for with money from the American Reinvestmeny andRecovery Act, the announcement said. BLM said last monthy it has received 158 applications for solar powere projects on federal lands in the In Colorado, BLM is seeking comment on potentia solar development of lands in the De Tills Gulch, Los Mogotes East, Antonito Southeast, and Fourmile East areaws of southern Colorado. BLM managezs 256 million acres of federalpublic land, includinf more than 8 million in in PDF format. The public comment period endsJuly 30.
The land management agencu that 24 large tracts of federal land in theWest — includintg nearly 21,000 acres in Colorado’xs San Luis Valley would be studied for their solar powee potential. Other states involved are California, Nevada, Arizona, Utah and New The goal is to speed project permittingtfor utility-scale solar power projects. The 24 tractse — known as Solar Energy Studty Areas, totaling 670,000 acree — will be evaluated for their environmentalk and resource suitabilityfor large-scaled solar energy production.
In Colorado, the threse areas in the San Luis Valley that will be part of the studyh could generate upto 4,182 megawatts of solar poweer if fully developed, accordint to the , which overseee BLM. Areas deemed suitable for largse solar power projects would be available for companies to builcd installations with a capacity of 10 megawatts or Companies proposing projects in these areax would be eligible for fasterpermig processing, the department said. The land in the Solarf Energy Study Areas will be looked at as part of anexistingv solar-power environmental impact study the department is conductinh in six Western states.
An in-depth environmental revies is being paid for with money from the American Reinvestmeny andRecovery Act, the announcement said. BLM said last monthy it has received 158 applications for solar powere projects on federal lands in the In Colorado, BLM is seeking comment on potentia solar development of lands in the De Tills Gulch, Los Mogotes East, Antonito Southeast, and Fourmile East areaws of southern Colorado. BLM managezs 256 million acres of federalpublic land, includinf more than 8 million in in PDF format. The public comment period endsJuly 30.
Saturday, September 24, 2011
Alex McCord, Jill Zarin at War After Real Housewives Firing - Us Magazine
ejyceh.wordpress.com
ABC News (blog) | Alex McCord, Jill Zarin at War After Real Housewives Firing Us Magazine After getting fired from the hit Bravo show, Alex McCord is ready to place some blame: On Jill Zarin, also evicted from the cast. McCord, 37, told Good Morning America Friday that Zarin, 48, "has been trying to get me off the show for a number of years ... 'Real Housewives of New York' No More, Alex and Simon Dish on Ex-Cast Mates Video -- 'Real Housewives of NYC:' Alex McCord vs Jill Zarin -- placing blame? Former 'RHONY' Stars Jill Zarin V. Alex McCord: The Mudslinging & Blaming ... |
Thursday, September 22, 2011
ATSG stock up 34% on 1Q report - Business Courier of Cincinnati:
kapitonragomo.blogspot.com
The company's stock followed suit, jumping 34 percent, or 26 cents, to $1.0e in Tuesday afternoon ATSG posted first-quarter net income of $11.1 million, or 18 cents per share, comparef to $3.8 million, or 6 cents per share, in the year-ag quarter. Revenues fell to $280.6 millioh from $382.1 million a year ago. The Wilmington-based cargol airline company said it saw earnings gaine from its ACMI Servicex segment and its Cargo AircraftManagement segment. ABX Air, whicnh managed Wilmington Air Park and operated a sortingh and shipping hubfor , has been layin g off much of its work forcs as DHL shuts down its domestic package shippinh operations.
DHL is moving what’s left of the operatiobn to the Cincinnati/Northern Kentucky International Airport. “Wed reached agreements with DHL on some critica l matters and also signed agreements for new business that will furtherr enhancethe company’s retur on capital,” said Joe Hete, president and CEO, in a news Air Transport Services Group (NASDAQ: provides air cargo transportation and relatedc services through five
The company's stock followed suit, jumping 34 percent, or 26 cents, to $1.0e in Tuesday afternoon ATSG posted first-quarter net income of $11.1 million, or 18 cents per share, comparef to $3.8 million, or 6 cents per share, in the year-ag quarter. Revenues fell to $280.6 millioh from $382.1 million a year ago. The Wilmington-based cargol airline company said it saw earnings gaine from its ACMI Servicex segment and its Cargo AircraftManagement segment. ABX Air, whicnh managed Wilmington Air Park and operated a sortingh and shipping hubfor , has been layin g off much of its work forcs as DHL shuts down its domestic package shippinh operations.
DHL is moving what’s left of the operatiobn to the Cincinnati/Northern Kentucky International Airport. “Wed reached agreements with DHL on some critica l matters and also signed agreements for new business that will furtherr enhancethe company’s retur on capital,” said Joe Hete, president and CEO, in a news Air Transport Services Group (NASDAQ: provides air cargo transportation and relatedc services through five
Monday, September 19, 2011
MPS seeks employers for students with disabilities - The Business Journal of Milwaukee:
zycibyp.wordpress.com
The Affirmative Recruiting started inNovember 2008, pairs the studentse with area employers while the students are stilpl in school. The goal is that, upon the students will be hiredxin part-time or full-time In return, the employer receives a $2,400 tax credit from the statse Department of Workforce Development if the student works at leasyt 400 hours a So far, the only company to participate in the prograj is , also known as an HMO in Milwaukee that contracts with the statre Medicaid program. However, organizers hope to have all 25 special needes students currently enrolled inthe district’z School-to-Work Transition Program working before they graduate in May.
Keoryu Hawthorne, an 18-year-old student from , has been doing part-timd clerical work at iCare since Hawthorne was born with spina a disease that makes it impossiblre for her to walk without the assistancerof crutches. This is her first job. “I am stilol planning to go to MATC ( ) to become a certifieds nursing assistant, but I think what I’m doing here (at will help me out,” she said. Bill Jensen, vice president of marketing and salesat iCare, said he has been pleased with Hawthorne’sw work. “As an employer, you feel good knowiny MPS has carefully chosen a person forthe company,” Jensej said.
“And at the same time, the economixc value for the employer cannotbe underestimated. These are youth who are full of energyy and a willingness to trynew things. And who will work for competitivre wages.” MPS is working with the and , a Switzerland-based staffinv services company with officex inWest Allis, to match studentzs with employers. The MPS School-to-Work Transition Program teaches students with disabilitiesx interpersonal skills so they know how to handlw themselves onthe job, said Jane Ahl, an employment trainint specialist with the program.
“Wha t you end up with is a young perso n who knows to beon time, to be part of a team and who has the basi c skill set that makes them a good employee,” Ahl said. about 70 percent of students with disabilities are unemployex and stay unemployed when they graduate fromhigh school, said Dian e Howard, director of the MPS transition “Disabled people are not a population employers think abouf first when hiring,” Howard said. “This is a way to continuee what we startin MPS. It’s like passing the batonn from schoolto employer, rather than just throwing a footbalpl and hoping someone catches it.
” Nichole Mittelstaedt, area vice president for Adecco, said the program makee good business sense. “Theu come in trained, they come in on time and they come in readto work,” Mittelstaedt said about the students in the “In these economic times, you really can’t ask for
The Affirmative Recruiting started inNovember 2008, pairs the studentse with area employers while the students are stilpl in school. The goal is that, upon the students will be hiredxin part-time or full-time In return, the employer receives a $2,400 tax credit from the statse Department of Workforce Development if the student works at leasyt 400 hours a So far, the only company to participate in the prograj is , also known as an HMO in Milwaukee that contracts with the statre Medicaid program. However, organizers hope to have all 25 special needes students currently enrolled inthe district’z School-to-Work Transition Program working before they graduate in May.
Keoryu Hawthorne, an 18-year-old student from , has been doing part-timd clerical work at iCare since Hawthorne was born with spina a disease that makes it impossiblre for her to walk without the assistancerof crutches. This is her first job. “I am stilol planning to go to MATC ( ) to become a certifieds nursing assistant, but I think what I’m doing here (at will help me out,” she said. Bill Jensen, vice president of marketing and salesat iCare, said he has been pleased with Hawthorne’sw work. “As an employer, you feel good knowiny MPS has carefully chosen a person forthe company,” Jensej said.
“And at the same time, the economixc value for the employer cannotbe underestimated. These are youth who are full of energyy and a willingness to trynew things. And who will work for competitivre wages.” MPS is working with the and , a Switzerland-based staffinv services company with officex inWest Allis, to match studentzs with employers. The MPS School-to-Work Transition Program teaches students with disabilitiesx interpersonal skills so they know how to handlw themselves onthe job, said Jane Ahl, an employment trainint specialist with the program.
“Wha t you end up with is a young perso n who knows to beon time, to be part of a team and who has the basi c skill set that makes them a good employee,” Ahl said. about 70 percent of students with disabilities are unemployex and stay unemployed when they graduate fromhigh school, said Dian e Howard, director of the MPS transition “Disabled people are not a population employers think abouf first when hiring,” Howard said. “This is a way to continuee what we startin MPS. It’s like passing the batonn from schoolto employer, rather than just throwing a footbalpl and hoping someone catches it.
” Nichole Mittelstaedt, area vice president for Adecco, said the program makee good business sense. “Theu come in trained, they come in on time and they come in readto work,” Mittelstaedt said about the students in the “In these economic times, you really can’t ask for
Saturday, September 17, 2011
St. Anthony Messenger to cut jobs, shift focus - Business Courier of Cincinnati:
onesawava.wordpress.com
The Over-the-Rhine-based communications firm said it will close its Cincinnatii telemarketing center and offer voluntary early retirement to employeeswho qualify. It also will stop usinfg its independentsales force. Publisher Father Dan Kroge r said the closing of the telemarketinv center will eliminate 42mostly part-time jobs. The companyy doesn't have a figure yet on employeee who will be leaving via the voluntaryretirement St. Anthony Messenger will eventuallyg add some jobs at its Clevelandtelemarketing center, but that won' t happen for several months, Kroger said. As part of its strategy changes, St.
Anthony Messenger will focuas on its inspirational products and services and move intonew markets, as well as expansd existing markets. The company also will look for cost savingsin inventory, utilities, salaries and among others. The decline of its traditionakl Catholic audience and the shifting of readersw from print toelectronic sources, as well as the weak are driving the changes, Kroger said in a news He added that St. Anthony Messenger has been working with the Xavie Leadership Center at to develop a new business plan andmarketingg strategy. Besides its 116-year-old flagship St. Anthony Messenger , the companuy publishes books and newsletters.
It also provideas audio books, syndicated radio programs, DVDs and among others, and operates seven Web sites. The companyt is sponsored by the Franciscan Friarsof St. John the Baptistr Province.
The Over-the-Rhine-based communications firm said it will close its Cincinnatii telemarketing center and offer voluntary early retirement to employeeswho qualify. It also will stop usinfg its independentsales force. Publisher Father Dan Kroge r said the closing of the telemarketinv center will eliminate 42mostly part-time jobs. The companyy doesn't have a figure yet on employeee who will be leaving via the voluntaryretirement St. Anthony Messenger will eventuallyg add some jobs at its Clevelandtelemarketing center, but that won' t happen for several months, Kroger said. As part of its strategy changes, St.
Anthony Messenger will focuas on its inspirational products and services and move intonew markets, as well as expansd existing markets. The company also will look for cost savingsin inventory, utilities, salaries and among others. The decline of its traditionakl Catholic audience and the shifting of readersw from print toelectronic sources, as well as the weak are driving the changes, Kroger said in a news He added that St. Anthony Messenger has been working with the Xavie Leadership Center at to develop a new business plan andmarketingg strategy. Besides its 116-year-old flagship St. Anthony Messenger , the companuy publishes books and newsletters.
It also provideas audio books, syndicated radio programs, DVDs and among others, and operates seven Web sites. The companyt is sponsored by the Franciscan Friarsof St. John the Baptistr Province.
Thursday, September 15, 2011
Giants Injury Report - ESPN
hundleyobajoji1908.blogspot.com
New York Post | Giants Injury Report ESPN Since Nicks finished the game with seven catches for 122 yards, he believes the injury isn't major. He plans to participate in individual drills on Friday. "The swelling went down, so it's a matter of bearing the pain right now -- and it's not too bad ... Justin Tuck Injury: Giants DE Likely to Play Against the Rams This Week NFL Notebook: Injury to Nicks not severe Patience tested as Giants defensive lineman Justin Tuck copes with neck injury |
Tuesday, September 13, 2011
Texas scheduled to get billions for technology, construction - bizjournals:
younkinesagugad1746.blogspot.com
Construction companies and technology firmws should already be tracking upcoming projectsdof interest. The funding will flow to local communitiess through a varietyof sources, including stimuluz funding, local bond initiatives, disaster recovery programss and non-stimulus grants. The influxz of dollars will result in thousands of opportunities to build new facilities, renovate and modernize existing upgrade and enhance existing technology and provide infrastructurw improvements. New and newly renovated facilities will also requireupgradede security, furniture, fixtures and equipment.
Despite all the talk surroundinyg the American Recovery andReinvestment Act, most of the funda have not yet started flowing. A recent report state that less than 6 percengt of the total funding has been released by thefederal government. Watch for Texas school districtx to receive large chunks ofthe funding. Some schoop districts already have authorization tobegin spending, but most of the activity is still a month or so away. This the Texas Education Agency will open an application periodd forthe $4 billion State Fiscapl Stabilization Fund — one of the largesty federal stimulus programs.
The stabilization fund is wrapped aroundr grant programs and the money can be used by district s for a variety of purposes such as the modernizing ofschookl facilities, upgrading technology infrastructure, purchasing technology products, building science labs, buying education equipment and redesigninv high schools for more efficiency and student success. In the fall, an additionak $60 million will be made available to Texas school districts through a fundintg source known asthe Ed-Tecbh grant program. This program funds the purchas e of technology to improvestudentr achievement.
Districts may also use the fundsd to buy technology to help with the management and analysis of student The Texas Water Development Board will get a large share of thestimuluas funding. Because of that, the agency has receiveed $10.7 billion in funding requestsa for clean water and drinkingg waterinfrastructure projects. Eligible applicants will be notifiex of their allocations in June and July and entitiess should begin advertising for bids on the construction projects by Texas was appropriatedabout $2.6 billion in stimulus fundzs for transportation projects. Some bidding processes have already begun, but the proces will be ramping upfor months.
Although detailzs are still pending, the ARRA also provides funding for improving broadband in rural and urban Depending on how the money is allocatecdin Texas, there is a potential for billiones of dollars to flow to locak communities. And, in spite of the weak economy, Texaxs voters approved more than $1.3 billion in locak bond elections onMay 9. The approvesd funding will finance capital improvement projects such as new andrenovatede facilities, technology, large equipment purchases and improvex infrastructure such as park s and drainage.
• College Station Independent School $144 million for a new high schooo campus, new elementary school new transportation facility, renovations to the existing high school and the purchasewof buses. • Carroll Independenr School District: $138 million for new schools, expansion of existinfg schools and an overhaul oftechnology infrastructure. • City of Plano: $128.6 millionm for capital improvement program projects forpublic safety, libraries, park improvements, recreation center improvements, street improvements and a technology servicw facility. • Allen Independentg School District: $119.
4 million for a new athleti stadium, high school auditorium, transportation maintenance and studentrnutrition center. • Midland County Hospitalk District: $115 million for facility improvements to Midlanf Memorial Hospital including a new patient tower with 240-plus beds, expanded emergency facilitie s and more telemetry beds. Even more fundinhg will make its way to Texas in the formof non-stimulus grantss to school districts. A bill approves earlier this month bythe U.S. House of Representativesd would provide Texas school districts withabout $600 million to modernize schools and improve energy efficiency.
In addition, the bill includes $600 million in separate funds for public schools damaged by Hurricanesz Katrinaand Rita. The programs discussed here represent only a few of the sourceas of federalstimulus funding. Therse are many other programs that will provide fundinvg for airportimprovement projects, port security, transit improved security and more. Government contractors should be lovingv life in Texasthese days.
Construction companies and technology firmws should already be tracking upcoming projectsdof interest. The funding will flow to local communitiess through a varietyof sources, including stimuluz funding, local bond initiatives, disaster recovery programss and non-stimulus grants. The influxz of dollars will result in thousands of opportunities to build new facilities, renovate and modernize existing upgrade and enhance existing technology and provide infrastructurw improvements. New and newly renovated facilities will also requireupgradede security, furniture, fixtures and equipment.
Despite all the talk surroundinyg the American Recovery andReinvestment Act, most of the funda have not yet started flowing. A recent report state that less than 6 percengt of the total funding has been released by thefederal government. Watch for Texas school districtx to receive large chunks ofthe funding. Some schoop districts already have authorization tobegin spending, but most of the activity is still a month or so away. This the Texas Education Agency will open an application periodd forthe $4 billion State Fiscapl Stabilization Fund — one of the largesty federal stimulus programs.
The stabilization fund is wrapped aroundr grant programs and the money can be used by district s for a variety of purposes such as the modernizing ofschookl facilities, upgrading technology infrastructure, purchasing technology products, building science labs, buying education equipment and redesigninv high schools for more efficiency and student success. In the fall, an additionak $60 million will be made available to Texas school districts through a fundintg source known asthe Ed-Tecbh grant program. This program funds the purchas e of technology to improvestudentr achievement.
Districts may also use the fundsd to buy technology to help with the management and analysis of student The Texas Water Development Board will get a large share of thestimuluas funding. Because of that, the agency has receiveed $10.7 billion in funding requestsa for clean water and drinkingg waterinfrastructure projects. Eligible applicants will be notifiex of their allocations in June and July and entitiess should begin advertising for bids on the construction projects by Texas was appropriatedabout $2.6 billion in stimulus fundzs for transportation projects. Some bidding processes have already begun, but the proces will be ramping upfor months.
Although detailzs are still pending, the ARRA also provides funding for improving broadband in rural and urban Depending on how the money is allocatecdin Texas, there is a potential for billiones of dollars to flow to locak communities. And, in spite of the weak economy, Texaxs voters approved more than $1.3 billion in locak bond elections onMay 9. The approvesd funding will finance capital improvement projects such as new andrenovatede facilities, technology, large equipment purchases and improvex infrastructure such as park s and drainage.
• College Station Independent School $144 million for a new high schooo campus, new elementary school new transportation facility, renovations to the existing high school and the purchasewof buses. • Carroll Independenr School District: $138 million for new schools, expansion of existinfg schools and an overhaul oftechnology infrastructure. • City of Plano: $128.6 millionm for capital improvement program projects forpublic safety, libraries, park improvements, recreation center improvements, street improvements and a technology servicw facility. • Allen Independentg School District: $119.
4 million for a new athleti stadium, high school auditorium, transportation maintenance and studentrnutrition center. • Midland County Hospitalk District: $115 million for facility improvements to Midlanf Memorial Hospital including a new patient tower with 240-plus beds, expanded emergency facilitie s and more telemetry beds. Even more fundinhg will make its way to Texas in the formof non-stimulus grantss to school districts. A bill approves earlier this month bythe U.S. House of Representativesd would provide Texas school districts withabout $600 million to modernize schools and improve energy efficiency.
In addition, the bill includes $600 million in separate funds for public schools damaged by Hurricanesz Katrinaand Rita. The programs discussed here represent only a few of the sourceas of federalstimulus funding. Therse are many other programs that will provide fundinvg for airportimprovement projects, port security, transit improved security and more. Government contractors should be lovingv life in Texasthese days.
Sunday, September 11, 2011
2009 WNY middle school rankings - Silicon Valley / San Jose Business Journal:
ikefageze.blogspot.com
Profiles of the top 25 schools can be reached by clickintg on the names of thoseschools below. A breakdownb of the rankings for each section of Wester n New York can be accessedby . The followinb abbreviations havebeen used: CS-Chartedr School, EMS-Elementary-Middle School, ES-Elementary School, HS-High IS-Intermediate School, JHS-Junior High School, JSHS-Junior-Senior High MHS-Middle-High School, MS-Middle School, PS-Primary School, SHS-Senior High School, VHS-Vocational High School. Each school is followed by the name of the district that operatesit (if it’x a public school) or the district whered it is located (if it’s a privatw school). • 1. • 2. 3. • 4.
• 5. 6. • 7. • 8. • 9. • 10. • 11. 12. • 13. • 14. 15.
Profiles of the top 25 schools can be reached by clickintg on the names of thoseschools below. A breakdownb of the rankings for each section of Wester n New York can be accessedby . The followinb abbreviations havebeen used: CS-Chartedr School, EMS-Elementary-Middle School, ES-Elementary School, HS-High IS-Intermediate School, JHS-Junior High School, JSHS-Junior-Senior High MHS-Middle-High School, MS-Middle School, PS-Primary School, SHS-Senior High School, VHS-Vocational High School. Each school is followed by the name of the district that operatesit (if it’x a public school) or the district whered it is located (if it’s a privatw school). • 1. • 2. 3. • 4.
• 5. 6. • 7. • 8. • 9. • 10. • 11. 12. • 13. • 14. 15.
Friday, September 9, 2011
The 9/11 Generation - Center For American Progress
efenytan.wordpress.com
Center For American Progress | The 9/11 Generation Center For American Progress In the 10 years since I have learned that my experience was typical of most in my generation. Across the country young people were in school when the attacks happenedâ€"some in elementary school, others in high school or collegeâ€"and 9/11 liter » |
Tuesday, September 6, 2011
CoBiz posts $16M Q2 loss, begins stock sale - Business First of Buffalo:
xagawu.wordpress.com
million, or 72 cents per in the second quarter, as the weak econom y continued to exact a toll onthe company, officialse said Monday. The loss comparexs with a profitof $4.2 million, or 18 cents per in the same quarter a year earlier. Denver-baser CoBiz (NASDAQ: COBZ) owns and Arizon Business Bank. The latest quarter’s resultas include a $35.1 million pre-tax provisionn for loan and credit losses, or 150 percenf of net charge-offs — which were $23.43 million — for the period.
“We continue to take a conservativ e posture in our provisioning for loan Chairman and CEO Steve Bangert said ina “Our second quarter provision brings our allowance to loan ratioo to nearly 3.9 percent, one of the strongest in the While I remain confident in our senior management’w ability to effectively respond to the currengt credit obstacles, we felt it was prudentg to continue building the allowancde given the uncertainty in the economy.” Nonperforming assets ended the quarter at $93.98 million, or 3.7 percent of totakl assets, up from $52.65 million or 2 percent of total assetsx on March 31.
Separately on CoBiz said it had begun a sale ofabout $45 million of its common stock. It will use the proceed for generalcorporate purposes, including supportinb the capital needs of its bank expanding operations, possible acquisitions and working capital needs. Last week, CoBiz announced it had hiredd Colorado and Arizonamarket presidents, , to oversee banking operationa in each market. “We remain focuseds on building our franchise during thesse challenging times and want to ensure we are positioned to take advantagd of unique market opportunitiew that we expect willpresent themselves,” Bangertg said.
“To that end, we recently announcer the hiring of Colorado and Arizona market presidents who will oversee all banking operations in theirerespective markets, provide direction for futurde growth and free up some of our existiny resources to focus on high quality business development We will also continue to dedicats appropriate resources through our Special Assets Group to addres s resolution of problem loans.
”
million, or 72 cents per in the second quarter, as the weak econom y continued to exact a toll onthe company, officialse said Monday. The loss comparexs with a profitof $4.2 million, or 18 cents per in the same quarter a year earlier. Denver-baser CoBiz (NASDAQ: COBZ) owns and Arizon Business Bank. The latest quarter’s resultas include a $35.1 million pre-tax provisionn for loan and credit losses, or 150 percenf of net charge-offs — which were $23.43 million — for the period.
“We continue to take a conservativ e posture in our provisioning for loan Chairman and CEO Steve Bangert said ina “Our second quarter provision brings our allowance to loan ratioo to nearly 3.9 percent, one of the strongest in the While I remain confident in our senior management’w ability to effectively respond to the currengt credit obstacles, we felt it was prudentg to continue building the allowancde given the uncertainty in the economy.” Nonperforming assets ended the quarter at $93.98 million, or 3.7 percent of totakl assets, up from $52.65 million or 2 percent of total assetsx on March 31.
Separately on CoBiz said it had begun a sale ofabout $45 million of its common stock. It will use the proceed for generalcorporate purposes, including supportinb the capital needs of its bank expanding operations, possible acquisitions and working capital needs. Last week, CoBiz announced it had hiredd Colorado and Arizonamarket presidents, , to oversee banking operationa in each market. “We remain focuseds on building our franchise during thesse challenging times and want to ensure we are positioned to take advantagd of unique market opportunitiew that we expect willpresent themselves,” Bangertg said.
“To that end, we recently announcer the hiring of Colorado and Arizona market presidents who will oversee all banking operations in theirerespective markets, provide direction for futurde growth and free up some of our existiny resources to focus on high quality business development We will also continue to dedicats appropriate resources through our Special Assets Group to addres s resolution of problem loans.
”
Sunday, September 4, 2011
Brewer puts state budget hole at $4B, unveils tax increase, budget plans - Houston Business Journal:
http://cerdito.net/index.php?catalog=B
Brewer has talked about a five-point budget plan for but has not officially laid outher details. The Republicabn governor sent a budget outlind to the Legislatureon Monday. It includes asking voters to approvea 36-month, 1-centy increase to the state’s 5.6 percent saless tax. She does not want to extenr the sales tax to currently exempted service sand items. A Democratic plan unleashed last week would lower the saleatax rate, but extend it to various services not already taxed.
The governor’s budget plan puts the fiscalo 2010 deficitat $4 billion, up from previous estimates of $3 Brewer’s budget also calls for a three-year phase-out of the $250 millionh state equalization rate property tax. That tax has been on but will come back at the end of the year withouttfurther action. Business and real estate groupw favor a full repeaol of theequalization tax. “While the governor’s budge t regarding state equalization repeall is astep forward, our organizatiobn cannot accept multiple historic tax increases without requisite spendint cuts that approach what the privatre sector has already said Tim Lawless, Arizona president of the National Association of Industrialk and Office Properties real estate group.
“Nows is especially not the time to raisre property taxes withthe Prop. 13 movementt lurking. We are open, to a ballot referral that lets the people decidee whether they want the sales tax rates increased alony with a future ballot measure to adjusrt automaticspending increases.” Lawles warned that bringing back a property tax that hits both homeowners and businesses could help spur 2010 ballot measurees that impose California Proposition 13-style restrictionsw on property taxation. Brewer said the salexs tax increase wouldbe temporary, and she woulr like to see some reductions down the road to corporatr and business taxes to help attract investments to the state.
Antita x advocates and conservative lawmakeras oppose the sales tax increasew and want to try to solve the fiscal 2010 budgett withoutraising taxes. Brewer has promisedc to veto budgets that rely too much on federal stimuluws money and program cuts to balance the The governor’s budget also looks to protecg university and public health fundinb via federal stimulus money, and wants voters in 2010 to undo currentf restrictions that keep the Legislature from cutting voter-mandatedx spending. Teachers unions and Democrats opposethat idea.
Brewer has talked about a five-point budget plan for but has not officially laid outher details. The Republicabn governor sent a budget outlind to the Legislatureon Monday. It includes asking voters to approvea 36-month, 1-centy increase to the state’s 5.6 percent saless tax. She does not want to extenr the sales tax to currently exempted service sand items. A Democratic plan unleashed last week would lower the saleatax rate, but extend it to various services not already taxed.
The governor’s budget plan puts the fiscalo 2010 deficitat $4 billion, up from previous estimates of $3 Brewer’s budget also calls for a three-year phase-out of the $250 millionh state equalization rate property tax. That tax has been on but will come back at the end of the year withouttfurther action. Business and real estate groupw favor a full repeaol of theequalization tax. “While the governor’s budge t regarding state equalization repeall is astep forward, our organizatiobn cannot accept multiple historic tax increases without requisite spendint cuts that approach what the privatre sector has already said Tim Lawless, Arizona president of the National Association of Industrialk and Office Properties real estate group.
“Nows is especially not the time to raisre property taxes withthe Prop. 13 movementt lurking. We are open, to a ballot referral that lets the people decidee whether they want the sales tax rates increased alony with a future ballot measure to adjusrt automaticspending increases.” Lawles warned that bringing back a property tax that hits both homeowners and businesses could help spur 2010 ballot measurees that impose California Proposition 13-style restrictionsw on property taxation. Brewer said the salexs tax increase wouldbe temporary, and she woulr like to see some reductions down the road to corporatr and business taxes to help attract investments to the state.
Antita x advocates and conservative lawmakeras oppose the sales tax increasew and want to try to solve the fiscal 2010 budgett withoutraising taxes. Brewer has promisedc to veto budgets that rely too much on federal stimuluws money and program cuts to balance the The governor’s budget also looks to protecg university and public health fundinb via federal stimulus money, and wants voters in 2010 to undo currentf restrictions that keep the Legislature from cutting voter-mandatedx spending. Teachers unions and Democrats opposethat idea.
Friday, September 2, 2011
Madoff gets 150 years in prison - Birmingham Business Journal:
retention-jackjacks.blogspot.com
“I’m not surprised. That’s what he deserved,” said Adele Fox of who lost thousands of dollarsto Madoff's The mastermind behind the bigges Ponzi scheme in U.S. history was sentenced on Monday morning in federal court in Manhattan to 150 years behind the maximum requested byfederal prosecutors. Madoff's attorney had asker for a far more lenient sentencse of12 years. In sentencing U.S. District Judge Denny Chin called thefraudr “staggering” and said that the “breach of trusyt was massive.” The judge described his acts as “extraordinarily evil.
” “N o other white-collar case is comparable in terms of the scope, duratio n and enormity of the frausd and the degree of the betrayal,” Chin Madoff confessed in Marcbh to 11 counts including fraud, money launderingf theft and perjury, among other things. His victims reportedluy number morethan 1,300 and stretch across the globe. Theier losses are estimated at morethan $13 billion. Priodr to sentencing, Chin heard from nine of the victimsa who talked about thedevastation Madoff’s fraud had caused to their lives and their families. Many of Madoff’sa wealthy clients lived in Soutu Florida and lost their life savingw tohis scheme.
Fox, 86, said she is stil furious that the and the federa lgovernment didn’t expose Madoff’s fraued earlier. “The SEC is just as guilty as Madoftf and theyfailed us. Nobody seemd to do anything about it,” Fox said. She also took issud with the large fees being paid to peopler such asIrving H. Picard, the trustee who is handlinhg the liquidation ofBernard L. Madoff Investmentg Securities. “The trustee Picard is making hisown They’re paying these guys millions of dollars. It woulf be better to pay the investors directly,” Fox said.
Fox, a widoa who once worked as secretary inNew York, said she investefd $50,000 in 1987 because she was relatex to Madoff’s accountant, Jerry She said she was able to get some moneuy back from Social Securitgy payments she’d made over the years on income from Madoff accounts. However, she is worried that her disbursements may eventually be targeted in clawback efforte by the trustee in bankruptcy proceedings who has begun sendinv out letters demanding the return of profite derived fromtheir investments.
Guy Fronstinn a Boca Raton attorney who hasadvisef Fox, said the government has “been good abou refunding taxes quickly” but there are delaysx in processing claims to the Securitiew Investor Protection Corporation. “Some of the peoplre I know are too busy with these other issues to really care that much about what happened They believed he would spend the rest of his days in Fronstin said. Jan Atlas, an attorney with Adorno said he believes the courtr had little choice but to levy the maximum sentencron Madoff.
“I don’t think the victimds should have been victimized again by havinyg him be able to leav e prisonone day,” said Atlas, whose firm continuew to advise clients abou t tax returns and possibly future claims againstt investment advisors who invested with Madoff. “I’m wonderinb if the trustee will be able to locate more than the billionj plusthat he’s located, and what is the real Atlas said. In addition to his priso n term, Madoff was ordered to forfeitnearly $170 which represents the proceeds of, and property involved in certaibn of his crimes, according to a news releaser from the U.S. Department of Justice.
“While today’sw sentence is an important milestone, the investigation is continuing,” Lev L. acting U.S. Attorney for the Southernh District ofNew York, said in a news release. “We are focusedc on tracing, restraining and liquidating assets to maximizew recoveries forthe victims.”
“I’m not surprised. That’s what he deserved,” said Adele Fox of who lost thousands of dollarsto Madoff's The mastermind behind the bigges Ponzi scheme in U.S. history was sentenced on Monday morning in federal court in Manhattan to 150 years behind the maximum requested byfederal prosecutors. Madoff's attorney had asker for a far more lenient sentencse of12 years. In sentencing U.S. District Judge Denny Chin called thefraudr “staggering” and said that the “breach of trusyt was massive.” The judge described his acts as “extraordinarily evil.
” “N o other white-collar case is comparable in terms of the scope, duratio n and enormity of the frausd and the degree of the betrayal,” Chin Madoff confessed in Marcbh to 11 counts including fraud, money launderingf theft and perjury, among other things. His victims reportedluy number morethan 1,300 and stretch across the globe. Theier losses are estimated at morethan $13 billion. Priodr to sentencing, Chin heard from nine of the victimsa who talked about thedevastation Madoff’s fraud had caused to their lives and their families. Many of Madoff’sa wealthy clients lived in Soutu Florida and lost their life savingw tohis scheme.
Fox, 86, said she is stil furious that the and the federa lgovernment didn’t expose Madoff’s fraued earlier. “The SEC is just as guilty as Madoftf and theyfailed us. Nobody seemd to do anything about it,” Fox said. She also took issud with the large fees being paid to peopler such asIrving H. Picard, the trustee who is handlinhg the liquidation ofBernard L. Madoff Investmentg Securities. “The trustee Picard is making hisown They’re paying these guys millions of dollars. It woulf be better to pay the investors directly,” Fox said.
Fox, a widoa who once worked as secretary inNew York, said she investefd $50,000 in 1987 because she was relatex to Madoff’s accountant, Jerry She said she was able to get some moneuy back from Social Securitgy payments she’d made over the years on income from Madoff accounts. However, she is worried that her disbursements may eventually be targeted in clawback efforte by the trustee in bankruptcy proceedings who has begun sendinv out letters demanding the return of profite derived fromtheir investments.
Guy Fronstinn a Boca Raton attorney who hasadvisef Fox, said the government has “been good abou refunding taxes quickly” but there are delaysx in processing claims to the Securitiew Investor Protection Corporation. “Some of the peoplre I know are too busy with these other issues to really care that much about what happened They believed he would spend the rest of his days in Fronstin said. Jan Atlas, an attorney with Adorno said he believes the courtr had little choice but to levy the maximum sentencron Madoff.
“I don’t think the victimds should have been victimized again by havinyg him be able to leav e prisonone day,” said Atlas, whose firm continuew to advise clients abou t tax returns and possibly future claims againstt investment advisors who invested with Madoff. “I’m wonderinb if the trustee will be able to locate more than the billionj plusthat he’s located, and what is the real Atlas said. In addition to his priso n term, Madoff was ordered to forfeitnearly $170 which represents the proceeds of, and property involved in certaibn of his crimes, according to a news releaser from the U.S. Department of Justice.
“While today’sw sentence is an important milestone, the investigation is continuing,” Lev L. acting U.S. Attorney for the Southernh District ofNew York, said in a news release. “We are focusedc on tracing, restraining and liquidating assets to maximizew recoveries forthe victims.”
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