Most European Stocks Retreat as Finance Chiefs Meet; Banks Fall Bloomberg Jan. 13 (Bloomberg) -- Barry Eichengreen, professor of economics and politics at the University of California ... |
Monday, January 17, 2011
Most European Stocks Retreat as Finance Chiefs Meet; Banks Fall - Bloomberg
http://iancurtispsychiatrist.com/psychiatric-impact-of-childhood-sexual-abuse-life-on-the-borderline/
Friday, January 14, 2011
SkyPoint developers deny lawsuit allegations - Tampa Bay Business Journal:
http://www.indiawebpost.com/pun970519101458.html
In a stinging response to a Hillsborough County circuirtcourt lawsuit, Novare- , SkyPoint’s developers, callecd the complaint’s allegation that the condominiuj land was a Superfund site “aw blatantly false statement.” The lawsuir filed Oct. 7 alleges the developers failefd to disclose to10 “contracting in 2005 that the site was pollutedf and in the preliminary stages of remediation. The plaintiffe are seeking court-ordered recission of their contracts and the returj of morethan $200,000 they paid altogether in earnestr money, the complaint shows. “Wr bought a remediated site,” said John senior VP of development forin Atlanta.
“Tha t shouldn’t require any additionalo disclosure.” Part of the remediation certificate process couls not be completed until developers but “they completely removed all the contaminationh pre-us closing on the dirt,” Akin issued an order certifying remediation was complete on Oct. 4, said Michael McKelvey, the commission’s manager of the site. “It’s been closer as far as contamination being an McKelvey said, adding that any requirede monitoring also was James Staack, a Clearwater attorneyt representing the plaintiffs, said the main issue involves disclosure of the pollution.
“Ift goes back to disclosure at the time they were requirerd to payreservation deposits,” he said. The fact that the site had been contaminatedd was revealed when one of the plaintiffs went to closinyg and was givenadditional disclosures, Staack SkyPoint’s site previously was the fleet parkinfg garage for and covereds the entire block where the condominiu m is now. The lawsuit contends the developers knew the site was contaminateed and thattwo 6,000-gallon underground petroleum tanks were removesd in 2002 along with 670 tons of contaminated Another 1,839 tons of soil was removed from the site befores developers closed on the property in May 2005, the complain t alleges.
Another underground fuel tank was found while crewa were digging for anelevator shaft, and it was removedx in June 2005. A lottery was conducted to give peoplr an opportunity to be the firstf to purchase some of the380 units. The winners were requirexd to enter into formal contracts with SkyPoint and pay deposits inAugus 2005, according to the lawsuit. The complaint allegesa a monitoring well had not yet been installed nor had remediation been completedby then. The values of unitss at the time of contracrt were affected bythe “fact that the condominium was going to be built on polluted land in the preliminary stages of the lawsuit contends.
Akin described the plaintiffs as “real estate speculators” who simply wanted to back out of theifrpurchase contracts. He was especially incensed that the lawsuiyt portrayed the property as aSuperfund site, which he contends is untrue. Urban downtown sitesz frequently need remediation before redevelopment becaus e of pollution fromprevious uses, Akin said. The contaminatiohn and remediation was disclosed tocondo purchasers, including the lotteryg winners, at the time of closing, he said.
No othed prospective residents seemed to have problems withthe “We had 311 closings after and you would think some of thosre mortgage companies or title companies would thinl it is a real issue, but they said Greg Minder, president of Intowngroup.
In a stinging response to a Hillsborough County circuirtcourt lawsuit, Novare- , SkyPoint’s developers, callecd the complaint’s allegation that the condominiuj land was a Superfund site “aw blatantly false statement.” The lawsuir filed Oct. 7 alleges the developers failefd to disclose to10 “contracting in 2005 that the site was pollutedf and in the preliminary stages of remediation. The plaintiffe are seeking court-ordered recission of their contracts and the returj of morethan $200,000 they paid altogether in earnestr money, the complaint shows. “Wr bought a remediated site,” said John senior VP of development forin Atlanta.
“Tha t shouldn’t require any additionalo disclosure.” Part of the remediation certificate process couls not be completed until developers but “they completely removed all the contaminationh pre-us closing on the dirt,” Akin issued an order certifying remediation was complete on Oct. 4, said Michael McKelvey, the commission’s manager of the site. “It’s been closer as far as contamination being an McKelvey said, adding that any requirede monitoring also was James Staack, a Clearwater attorneyt representing the plaintiffs, said the main issue involves disclosure of the pollution.
“Ift goes back to disclosure at the time they were requirerd to payreservation deposits,” he said. The fact that the site had been contaminatedd was revealed when one of the plaintiffs went to closinyg and was givenadditional disclosures, Staack SkyPoint’s site previously was the fleet parkinfg garage for and covereds the entire block where the condominiu m is now. The lawsuit contends the developers knew the site was contaminateed and thattwo 6,000-gallon underground petroleum tanks were removesd in 2002 along with 670 tons of contaminated Another 1,839 tons of soil was removed from the site befores developers closed on the property in May 2005, the complain t alleges.
Another underground fuel tank was found while crewa were digging for anelevator shaft, and it was removedx in June 2005. A lottery was conducted to give peoplr an opportunity to be the firstf to purchase some of the380 units. The winners were requirexd to enter into formal contracts with SkyPoint and pay deposits inAugus 2005, according to the lawsuit. The complaint allegesa a monitoring well had not yet been installed nor had remediation been completedby then. The values of unitss at the time of contracrt were affected bythe “fact that the condominium was going to be built on polluted land in the preliminary stages of the lawsuit contends.
Akin described the plaintiffs as “real estate speculators” who simply wanted to back out of theifrpurchase contracts. He was especially incensed that the lawsuiyt portrayed the property as aSuperfund site, which he contends is untrue. Urban downtown sitesz frequently need remediation before redevelopment becaus e of pollution fromprevious uses, Akin said. The contaminatiohn and remediation was disclosed tocondo purchasers, including the lotteryg winners, at the time of closing, he said.
No othed prospective residents seemed to have problems withthe “We had 311 closings after and you would think some of thosre mortgage companies or title companies would thinl it is a real issue, but they said Greg Minder, president of Intowngroup.
Wednesday, January 12, 2011
CBS Poll: Support For Stricter Gun Laws Spikes After Tucson Rampage - TPMDC
http://children-count.org/parents.html
PoliJAM | CBS Poll: Support For Stricter Gun Laws Spikes After Tucson Rampage TPMDC The number of Americans who favor stricter gun laws has spiked significantly in the wake of the weekend shooting spree that killed six and left Rep. ... Canadian gun laws help save lives The Caucus: Poll Finds Growing Support for Stronger Gun Control The Caucus: Support for Gun Control Fell in Recent Years |
Sunday, January 9, 2011
Golf: PGA Tour opener draws crowd at top with three sharing lead - San Jose Mercury News
modestofyeyko.blogspot.com
Golf: PGA Tour opener draws crowd at top with three sharing lead San Jose Mercury News AP Robert Garrigus holed a 50-foot eagle putt on the final hole Saturday to get back atop the leader board at the PGA Tour's season-opening Tournament of ... |
Friday, January 7, 2011
Christie's transit plan banks on debt, funds from canceled tunnel - Philadelphia Inquirer
http://myauotocar.net/chevrolet-cars/bill-heard-chevrolet/
The Star-Ledger - NJ.com | Christie's transit plan banks on debt, funds from canceled tunnel Philadelphia Inquirer Christie said his proposal for the Transportation Trust Fund was more responsible than those of previous administrations because it would lean progressively ... Christie's Transportation Trust Fund Plan Built on Borrowing, ARC Tunnel Money Gov. Christie unveils 5-year renewal for Transportation Trust Fund Reconsider raising gas tax |
Tuesday, January 4, 2011
Fate of Filene
zolinstanixes.blogspot.com
Last month, Crown Acquisitions agreed to snap up 17 of thediscounrt retailer’s remaining 25 retail locations for $22 milliohn — an agreement that is subjecrt to an auction in a federal court in whicn additional bids for those 17 stores, the eightg remaining locations and other Filene’s assetsz will be solicited. “We have receivesd expressions of interest from several partiesw not only for the store s included in theCrown proposal, but also for severap additional stores,” said Alan Cohen, chief restructuring officer of Filene’s Basement, adding that he can not disclosde the bidders or stores that are beingt considered.
The company has filed noticees with states such as Maryland abouft its plan to possibly start slashing jobs June 15 if no corporatde suitoris found. The notices warn that 39 employees wouldd be cut at its Rockville storwe at 11840 Rockville Pike and 41 would be affected at its Baltimorer Inner harbor store at 600 EPrat St. Both stores were not listesd as ones to be soldto Crown. Burlington, Mass.-based Filene’d Basement sought protection from creditors in May in Delawarebankruptcg court, months after closing several locations, includingf its stores in Tysons Cornedr and Arundel Mills Mall. The auctionb starts at 9 a.m.
in New York, and any sale will be subjecg to court approval at a hearing to be heldin Del. June 10. “For now, it is busineses as usual in all Filene’s Basement locations,” he which explains why a puzzled Filene’s employer in Rockville knew nothing about itspotential closing. The auction was movede last minute to New York at the requesgt ofseveral bidders. Columbus, Ohio-based (NYSE: RVI) sold the iconix chain this year to FB II Acquisition a new entity ownedby , a liquidation and turnaround firm basef in Agoura Hills, Calif.
Last month, Crown Acquisitions agreed to snap up 17 of thediscounrt retailer’s remaining 25 retail locations for $22 milliohn — an agreement that is subjecrt to an auction in a federal court in whicn additional bids for those 17 stores, the eightg remaining locations and other Filene’s assetsz will be solicited. “We have receivesd expressions of interest from several partiesw not only for the store s included in theCrown proposal, but also for severap additional stores,” said Alan Cohen, chief restructuring officer of Filene’s Basement, adding that he can not disclosde the bidders or stores that are beingt considered.
The company has filed noticees with states such as Maryland abouft its plan to possibly start slashing jobs June 15 if no corporatde suitoris found. The notices warn that 39 employees wouldd be cut at its Rockville storwe at 11840 Rockville Pike and 41 would be affected at its Baltimorer Inner harbor store at 600 EPrat St. Both stores were not listesd as ones to be soldto Crown. Burlington, Mass.-based Filene’d Basement sought protection from creditors in May in Delawarebankruptcg court, months after closing several locations, includingf its stores in Tysons Cornedr and Arundel Mills Mall. The auctionb starts at 9 a.m.
in New York, and any sale will be subjecg to court approval at a hearing to be heldin Del. June 10. “For now, it is busineses as usual in all Filene’s Basement locations,” he which explains why a puzzled Filene’s employer in Rockville knew nothing about itspotential closing. The auction was movede last minute to New York at the requesgt ofseveral bidders. Columbus, Ohio-based (NYSE: RVI) sold the iconix chain this year to FB II Acquisition a new entity ownedby , a liquidation and turnaround firm basef in Agoura Hills, Calif.
Sunday, January 2, 2011
Veteran lawyer sees challenge in telcom job - Pacific Business News (Honolulu):
zlatkopaisley1275.blogspot.com
On July 25, he will end three decadez at the Honolulu law firm to becomew senior vice president and general counsel of This he celebrates his55th birthday, and next month, he and Kalowena, will send theid youngest of two daughters to college on the East The departure of a partner for a corporate job is The fact that it involves one of the state'se most politically influential firms has set off speculatiomn about the true nature of the But Komeiji said there's nothinh more to the story and described how leavingg the state's eighth-largest law firm was one of his toughesg decisions.
"The concern for me was always how the peopleethat I've spent 30 years with were goingg to fare," he said. "We realluy call ourselves 'WIK ohana'." Komeiji first joine the firm 30 summers ago as an He returned the following year after graduating from the Universityyof California's Hastings College of the Law. Leaving never crossed Komeiji'ss mind until he got a call a montbh ago fromhis friend, Walter A. Dods Jr.
, chairma n of the board of Hawaiian Dods expressed concern about the futurer of local companies and immediately wantec to create a local management team to run the financiallhy challengedtelecommunications group, which is undergoinv an organizational overhaul. Hawaiian Telcom, owned by Washington, D.C.-baseed private-equity firm , reported a loss of $40.1 million on operatingv revenueof $112.4 million in the firsgt quarter of 2008. The company's year-end debt for 2007 totaledx $972.5 million. Dods and Komeiji had a lengthuy discussion about him joiningthe "It sparked an interest in me, and I thought about it and thought aboutf it," Komeiji said.
"At the end of the day, I decidede this was a challenge I wanted to He said his colleagues at the law firm are Community leaderssay Komeiji's wit, smartds and character built his reputation as one of the top attorneys in the "John's business acumen stretches beyond his legal expertise," said Eric K. who became president and CEO of Hawaiian Telcokm in May after leavingb HawaiianElectric Co. "He is a greayt strategist and an outstanding individual who is deeply committe to thelocal community," Yeaman told PBN in an "All of these elements combinedx will strengthen our efforts to move Hawaiiahn Telcom forward.
" Dods, Yeaman and Komeiji compris a multigenerational leadership team with local roots. 67, recently retired as the top executivd of First Hawaiian isa traditionalist. Yeaman, 40, is a Gen Xer. And Komeiji describes himself as the baby boomer in the Hawaiian Telcom's new executive team also includes Senio Vice President of Sales Craig T. who is a former director of a Sun InnovationnHoldings Ltd. subsidiary, and Vice Presideny of External AffairsSteven P. who had the same title at TheGas Co. Komeiji's move fueled whispers that the interconnectionsbetween Komeiji's firm, Hawaiiab Telcom and Hawaiian Electric Industries Inc. were pointingf to some sort of mergeror linkage.
Jeffreyu Watanabe, of counsel to Watanabe, Ing Komeiji, is non-executive chairman of the boardof HEI, and unti recently Yeaman was a top executive of the utilith company. The talk broke beyond Bishop Streett when they were reported on a blog run by formere newspaper reporterIan "The first time I heard about it was when I read Ian Lind'sz blog," Komeiji said. "I read it and laughed.
"
On July 25, he will end three decadez at the Honolulu law firm to becomew senior vice president and general counsel of This he celebrates his55th birthday, and next month, he and Kalowena, will send theid youngest of two daughters to college on the East The departure of a partner for a corporate job is The fact that it involves one of the state'se most politically influential firms has set off speculatiomn about the true nature of the But Komeiji said there's nothinh more to the story and described how leavingg the state's eighth-largest law firm was one of his toughesg decisions.
"The concern for me was always how the peopleethat I've spent 30 years with were goingg to fare," he said. "We realluy call ourselves 'WIK ohana'." Komeiji first joine the firm 30 summers ago as an He returned the following year after graduating from the Universityyof California's Hastings College of the Law. Leaving never crossed Komeiji'ss mind until he got a call a montbh ago fromhis friend, Walter A. Dods Jr.
, chairma n of the board of Hawaiian Dods expressed concern about the futurer of local companies and immediately wantec to create a local management team to run the financiallhy challengedtelecommunications group, which is undergoinv an organizational overhaul. Hawaiian Telcom, owned by Washington, D.C.-baseed private-equity firm , reported a loss of $40.1 million on operatingv revenueof $112.4 million in the firsgt quarter of 2008. The company's year-end debt for 2007 totaledx $972.5 million. Dods and Komeiji had a lengthuy discussion about him joiningthe "It sparked an interest in me, and I thought about it and thought aboutf it," Komeiji said.
"At the end of the day, I decidede this was a challenge I wanted to He said his colleagues at the law firm are Community leaderssay Komeiji's wit, smartds and character built his reputation as one of the top attorneys in the "John's business acumen stretches beyond his legal expertise," said Eric K. who became president and CEO of Hawaiian Telcokm in May after leavingb HawaiianElectric Co. "He is a greayt strategist and an outstanding individual who is deeply committe to thelocal community," Yeaman told PBN in an "All of these elements combinedx will strengthen our efforts to move Hawaiiahn Telcom forward.
" Dods, Yeaman and Komeiji compris a multigenerational leadership team with local roots. 67, recently retired as the top executivd of First Hawaiian isa traditionalist. Yeaman, 40, is a Gen Xer. And Komeiji describes himself as the baby boomer in the Hawaiian Telcom's new executive team also includes Senio Vice President of Sales Craig T. who is a former director of a Sun InnovationnHoldings Ltd. subsidiary, and Vice Presideny of External AffairsSteven P. who had the same title at TheGas Co. Komeiji's move fueled whispers that the interconnectionsbetween Komeiji's firm, Hawaiiab Telcom and Hawaiian Electric Industries Inc. were pointingf to some sort of mergeror linkage.
Jeffreyu Watanabe, of counsel to Watanabe, Ing Komeiji, is non-executive chairman of the boardof HEI, and unti recently Yeaman was a top executive of the utilith company. The talk broke beyond Bishop Streett when they were reported on a blog run by formere newspaper reporterIan "The first time I heard about it was when I read Ian Lind'sz blog," Komeiji said. "I read it and laughed.
"
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