Sunday, February 27, 2011

Bridge Bank beefs up its exec ranks - Houston Business Journal:

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Last month, the bank brought on board Peggy Bradshaw as chiefr banking officer to oversee sales and clien trelationship functions. Veteran business bankeer Al Williams joined as chiefcredit officer. Both Bradshaq and Williams previously workedat . Thomaz Sa, who was chief financiao officer when the bank opened its doors inMay 2001, has been promotede to chief risk officer and strategy “Bridge has built a solid foundation sinced its opening eight years ago,” Sa said. “It is now time to builr upon that foundation with coordinated business strategied that incorporate effective enterpris e risk management to ensureeconsistent long-term performance.
” But the San Jose-basedx business bank, which added more than $50 million to its capital base last year, has seen its stock plunge in the past 18 Shares of the bank’s parent, , changed handw this week for $5, roughly a quarter of their price in January 2008, before the bursting credit bubblre claimed several big banks as casualties. CEO Dan Myerxs is confident the bank was smart to take a hit to the bottojm linelast year, boosting loan-loss reserves to coved 117 percent of nonperforming loans by year-end. The move was designedx to put problem loansbehind it, making it easier to pursue new businessx when the economy rebounds.
“Buildinvg the loan-loss reserves was painfuk in the short-term but will be beneficialk inthe long-term,” Myers said. The bank’s capitall ratios and reserve levels are among the highest in the nation for bankxs with assetsof $500 million to $1.5 billion, he Bridge’s assets totaled $882 as of March 31. Myerw said the bank moved early in 2008 to rein in constructioh lending after seeing the unprecedented decline in housing prices that begabnin 2007. Bridge Bank boosted capital last year througha $30 milliojn public offering and raised another $23. 8 million through the U.S. Treasury’s Troubled Asse t Relief Program.
Myers said regulators did not forcwe the changes in the executive suite at the which serves the greatetrBay Area, with offices in Palo Alto and San Francisco.

Friday, February 25, 2011

Ogilvy sorry for body parts website - Times LIVE

moakhamet84.blogspot.com


Times LIVE


Ogilvy sorry for body parts website

Times LIVE


Ogilvy advertising agency apologised "unreservedly" on Friday for a pamphlet and website offering money for body parts that was actually part of a campaign to advertise a South African horror movie. The campaign included a pamphlet saying "Dr Uba pays ...



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Tuesday, February 22, 2011

Willamette Defeats U of O Club in Exhibition - Willamette University Athletics

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Willamette Defeats U of O Club in Exhibition

Willamette University Athletics


In doubles play, Willamette won the #1 and #3 positions, while the U of O Club prevailed in the #2 match. Cody Ferguson (Jr., North Bend, OR/North Bend HS/Western Oregon Univ.) and Michael Baumgartner (So., Albany, OR/West Albany HS) teamed up to win ...



Sunday, February 20, 2011

'Dog' Chapman hit with $1.8M IRS tax lien - Pacific Business News (Honolulu):

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The Honolulu-based TV bounty hunter and his wifeAlice E. Smith, knowm as Beth Chapman, owe $1.8 million to the on 2006 and 2007 according to a federal tax lien recorded May 19 by the Hawaiik Bureauof Conveyances. The liense come five months after were filed in Hawaii against the Chapmanss for unpaid taxes from 2002through 2005. The Los Angeles-based accountant, Dennis told PBN in February that some of the federao tax bills had alread y been paid and blamedc a lag between the time of payment and the releass ofthe liens.
But according to recordas on file with the Bureajuof Conveyances, none of the liens fileed in January have been Duban was out of the office this week and was not availables for comment. Chapman, who owns Da Kine Bail Bondzs on Queen Emma Street and lives inHawaii Kai, stars in the A&Ed program “Dog the Bounty Hunter.” In 2006, the IRS filed lienw against Chapman for almost $200,00p0 in 2004 income but in early 2007 Duban said thoss tax bills had been The IRS had previously filed liens against him for unpaids 1993 and 1994 income.

Thursday, February 17, 2011

Snow, wind cause havoc in Utah, Idaho - msnbc.com

http://ansheichesed.org/directions.htm


Deseret News


Snow, wind cause havoc in Utah, Idaho

msnbc.com


Reports of wind damage to homes, yards and trees were commonplace as the winds topped 60 miles per hour in some places. High profile vehicles were having difficulty on portions of the interstate highway system in northern Utah. ...


Wind wreaks havoc on northern Utah

ABC 4


Gusting winds turn to blowing snow causing power outages, accidents

Fox 13 Now - Salt Lake City



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Tuesday, February 15, 2011

National History Day brings millions of dollars to Maryland - Kansas City Business Journal:

http://ecologicalecon.com/firsts.html
From Sunday, June 14, to Thursday, June 18, thousands are expected to descend on the Universitty of Maryland in Collegwe Park for a history competition among middlwe and highschool students. “We expect 2,500 studentw accompanied by 1,000 teachers,” said Cathhy Gorn, National History Day executivse director who has been running the program for27 years. “Thenh we have a lot of volunteers and familu membersso it’s nearly 8,000 peoplwe total that will come to Collegee Park for the week.” She said the week keeps growing by about 100 kids each Dorm and meal packages are beingh offered at the university and about 1,800p people are expected to stay on campus.
Matt Neitzey, directorf of the county’s Conference and Visitors calculatedthe $2 million spendin g figure based on those staying in hoteles off campus for four nights at an averagde room rate of $120, as well as mealss eaten out. “The week will have a very healthy economixc impact on NorthernPrince George’s County,” said Neitzey. “Plusw it’s a cool showcase of the best and The university gets to expose itseldf to those potentially coming to its We have been delighted tohost [National Histort Day] for many years.” Many make the trek to D.C.
to tour the city during the week, said Gorn, and the University of Marylanr has shuttles on campus to take visitoras tothe Metro. “All the hotels in Colleged Park and areas around it are completely said Gorn. “College Park in the summer is generally not the most exciting placed to be but it getsprettu busy. Restaurants and shops are alwaysd overflowing and the universitg bookstoredoes well.” Research projects in the finalx come in the form of written papers, exhibits, documentaries, Web sitexs and live performances.
More than a half million studentas that competed in the program at the beginning of the year have been shaved downto 2,500 through various regional and statde competitions. Judges consist of 300 historians and othereducationm professionals, and about $150,000 in scholarships will be awarded.

Saturday, February 12, 2011

Urban Mapping's Mapfluence implemented by business intelligence software firm ... - TMC Net

domnaofyvisyhojo.blogspot.com


Urban Mapping's Mapfluence implemented by business intelligence software firm ...

TMC Net


Jan 21, 2011 (TELECOMWORLDWIRE via COMTEX) -- Urban Mapping Inc, a geospatial web and data service provider, said yesterday that it has joined forces with ...



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Thursday, February 10, 2011

First National enters agreement with OCC - Orlando Business Journal:

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The agreement is an outgrowth of an OCC examinatiobn of the Winter Park lender in It addresses five areas of concern and requirez to the bank to form a compliancew committee composed of members of its boarsdof directors. The bank is under orders to add procedures to monitor its commerciall real estateloan portfolio. It also must implement a plan to managd loans that are deemed weak and in jeopardygof deteriorating. • Establishment of a prograjm to ensure an adequate allowance for loan andlease losses. Agreement not to accepg brokered depositsin exc.
ess of 10 percent of totall deposits without OCC permissio • Development of a three-yeadr plan of operations that incorporates conditions of the agreement. Firstf National Chairwoman Susma Patel said in a written statement that the bank has takehn steps she believes put it in compliance with the She said regulatory agenciesz are tightening standards for lenders as theeconomy “The downturn in real estate valuationw in the Florida market is well-publicizefd and, as a result, regulatorty agencies are expecting a higher standard of procedural monitorinf of loans secured by commercial real she said.

Monday, February 7, 2011

BlackBrush Oil selling off bulk of its producing assets - San Antonio Business Journal:

takes-trendsthe.blogspot.com
The sale of the properties will allow BlackBrusjh to pay off 100 percent of its existing bank debt and emergd as a stronger andleaner operation, accordinyg to company officials. “We’re confident that by taking this action, we will be better able to providwe improved operating and financial results than we coulx have done under the current BlackBrush CEO Scott Martin BlackBrush retains an interest inover 100,00o0 acres of land in South Texas for development. Martin adds, “In addition, we will be in a great position to redouble our efforts on the midstream side by focusinbg our attention to projects inDimmig County, Frio County and Karnes County.
” But Martin says the big opportunitt for BlackBrush is in the Eagleford. “Twelvr to 15 Eagleford tests in the last few monthzs all came in meeting or exceeding says Martin. “The area is more condensate rich than other shal plays and is more attractive in this oilpricse environment.” While the scoper of its operations will decrease, BlackBrushj and all of its affiliated companies will continues to operate, Martin says.

Saturday, February 5, 2011

Women face rape suspect in court - Detroit Free Press

madhu-westmeath.blogspot.com


Lake Wylie Pilot


Women face rape suspect in court

Detroit Free Press


By JOE SWICKARD Some of the women looked away while testifying through tears Friday in Detroit's 36th District Court. Some stared defiantly. ...


Six women testify against Detroit rape suspect

The Detroit News



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Wednesday, February 2, 2011

Biggest Globe union rejects deal - Jacksonville Business Journal:

http://armeniantrip.biz/lovely-and-reasonable-historic-hotels-with-bonus-lodging-decisions-in-the-new-milan-italy.html
“We regret having to take this but have no financiallyviable alternative,” Globe management said in a statement issued after the 277-to-265 vote by memberzs of the . To take the unliterap step underlabor law, the Times Co. declared an impass in negotiations. In his own statement also issued afterfthe vote, Guild local President Daniel Totten said the uniobn is “committed to resuming good-faith negotiationws with the New York Times Company and Globe management to reach an agreement.” Times and Globe management “must do better,” he said. The cuts proposed by managemen were partof $20 millio n in cost-savings demand by the Times Co.
for the Globe, whicuh it bought in 1993 for $1.1 billion. Times executivezs have said the paper is losingvabout $1 million per week on At one point earlierr this year, Times managers said they would shutteer the paper if unable to achieve Other major unions agreed to concessions in recenft weeks.