State waiving permits for rebuilding in High Peaks Albany Times Union Tiny brooks swollen with rain water exploded in a matter of hours. Route 73 is "gone" just east of Keene Valley, Cuomo said, with no firm estimate on rebuilding. But the suspension was greeted with applause by local officials and representatives ... |
Tuesday, August 30, 2011
State waiving permits for rebuilding in High Peaks - Albany Times Union
yfimuna.wordpress.com
Sunday, August 28, 2011
First Marblehead bank runs afoul of regulators - Portland Business Journal:
callahamirykaan1884.blogspot.com
That’s according to a cease and desist orderf issued against bythe , a federal bank First Marblehead (NYSE: FMD), whose key businesss of packaging student loans into securities has dried up, now facee the prospect of pumping millions of dollarx of capital into the small Rhode Island bank to bolster its capital. The OTS order says Firsg Marblehead is required to maintainma $30 million deposit at the bank until it is sold or the bank’s concentration of privat student loans is reduced to 50 percent of Unio n Federal’s capital, plus any allowance for loan losses.
First Marblehead also needs OTS approval beforew making any golden parachute payments tosenior executives, according to the cease and desist order. Union Federal Savings Bank’zs problems have been chronicled in previous stories by the BostohnBusiness Journal. Before being acquired by Firs Marblehead, Union Federal Savings had abouf $40 million in assets. But that balance sheer ballooned to morethan $600 millio n last year as First Marbleheads moved some $500 million in risky privated student loans onto the bank’s balancs sheet. The bank has been unsuccessful in selling those loanws while an escalating number of defaultsa have triggeredlarge losses.
In the first quarter, for example, the North Providence-based bank lost $26.3 million, according to federap bank filings.
That’s according to a cease and desist orderf issued against bythe , a federal bank First Marblehead (NYSE: FMD), whose key businesss of packaging student loans into securities has dried up, now facee the prospect of pumping millions of dollarx of capital into the small Rhode Island bank to bolster its capital. The OTS order says Firsg Marblehead is required to maintainma $30 million deposit at the bank until it is sold or the bank’s concentration of privat student loans is reduced to 50 percent of Unio n Federal’s capital, plus any allowance for loan losses.
First Marblehead also needs OTS approval beforew making any golden parachute payments tosenior executives, according to the cease and desist order. Union Federal Savings Bank’zs problems have been chronicled in previous stories by the BostohnBusiness Journal. Before being acquired by Firs Marblehead, Union Federal Savings had abouf $40 million in assets. But that balance sheer ballooned to morethan $600 millio n last year as First Marbleheads moved some $500 million in risky privated student loans onto the bank’s balancs sheet. The bank has been unsuccessful in selling those loanws while an escalating number of defaultsa have triggeredlarge losses.
In the first quarter, for example, the North Providence-based bank lost $26.3 million, according to federap bank filings.
Friday, August 26, 2011
Wells Fargo economist sees growth in second half - Minneapolis / St. Paul Business Journal:
paramonaxogilozi.blogspot.com
“I am fairly optimistic that this thing iswindinbg down,” said Jim Paulsen, chief investment strategist for Wells Fargio Capital Management. “I’m also optimisticf that the economy, at least for a period, will recover sooner and strongert than mosthave anticipated. ... I thinkk we’re going to be growingt in the second half ofthis year.” Paulsej made his remarks during a presentation at the Coloradok Convention Center hosted by the San Francisck bank (NYSE:WFC). U.S.
stocks have been climbing since March, and consume r confidence is improving, Paulsen Reassuring “healthy players,” so they will begin investingf and spendingmoney again, is key to stimulatiny the economy, he said. “The most outstandinf feature ofwhat we’ve been through isn’t so much the fundamentalp problems that we have in the Paulsen said. “We do have they’re serious. But the most outstanding characteristifc is how we reacted to it asa Leadership, policy officials, investors, businesses — we just That’s what stands out about this more than anything.
” The credit woes the natiom faces are no different from the savings-and-loan problems of the 1990d or the farm and oil difficulties of the 1980s, he “When you mix togethedr the fundamental problems with fear, you get a crisis.” A changr in accounting rules a couple of years ago made credit problemsd look worse, he The new rules required financial institutions to value assets such as loans — based on current marketr prices, a practice knowhn as “mark-to-market” accounting.
When credit markets froze up, the lack of bids for thosre types of assets meanrt they had to be written down even if thebank hadn’tt sold them and the underlying fundamentals hadn’t changed. “Whatt has made it seem so off-the-charts is not bad debts that arewrittenm off; we had a lot of that in other It’s good debts that are being writteh down in price not becausee they’re not paying on time, not becausde credit analysis (says) they won’t pay off over but simply because of lack of currentr bids in the market,” Paulseh said. In early April, the easesd mark-to-market rules, which should help, he said.
Consumers and businesseas also are sitting on vast amountseof cash, more so than at any time sinc the early 1980s, Paulsen said. Once they feel secur e enough to beginspendinbg it, that cash will accelerate the economic recovery.
“I am fairly optimistic that this thing iswindinbg down,” said Jim Paulsen, chief investment strategist for Wells Fargio Capital Management. “I’m also optimisticf that the economy, at least for a period, will recover sooner and strongert than mosthave anticipated. ... I thinkk we’re going to be growingt in the second half ofthis year.” Paulsej made his remarks during a presentation at the Coloradok Convention Center hosted by the San Francisck bank (NYSE:WFC). U.S.
stocks have been climbing since March, and consume r confidence is improving, Paulsen Reassuring “healthy players,” so they will begin investingf and spendingmoney again, is key to stimulatiny the economy, he said. “The most outstandinf feature ofwhat we’ve been through isn’t so much the fundamentalp problems that we have in the Paulsen said. “We do have they’re serious. But the most outstanding characteristifc is how we reacted to it asa Leadership, policy officials, investors, businesses — we just That’s what stands out about this more than anything.
” The credit woes the natiom faces are no different from the savings-and-loan problems of the 1990d or the farm and oil difficulties of the 1980s, he “When you mix togethedr the fundamental problems with fear, you get a crisis.” A changr in accounting rules a couple of years ago made credit problemsd look worse, he The new rules required financial institutions to value assets such as loans — based on current marketr prices, a practice knowhn as “mark-to-market” accounting.
When credit markets froze up, the lack of bids for thosre types of assets meanrt they had to be written down even if thebank hadn’tt sold them and the underlying fundamentals hadn’t changed. “Whatt has made it seem so off-the-charts is not bad debts that arewrittenm off; we had a lot of that in other It’s good debts that are being writteh down in price not becausee they’re not paying on time, not becausde credit analysis (says) they won’t pay off over but simply because of lack of currentr bids in the market,” Paulseh said. In early April, the easesd mark-to-market rules, which should help, he said.
Consumers and businesseas also are sitting on vast amountseof cash, more so than at any time sinc the early 1980s, Paulsen said. Once they feel secur e enough to beginspendinbg it, that cash will accelerate the economic recovery.
Wednesday, August 24, 2011
Janet Oleszek Declares Victory in Braddock District - Burke Connection
ramoledef.blogspot.com
Janet Oleszek Declares Victory in Braddock District Burke Connection Political pundits predicted the race between Janet Oleszek and Chris Wade in the Braddock District Board of Supervisors would be a nail-biter. And they were right. On Tuesday, Aug. 23, around 10 pm, Oleszek declared victory in the race ... Primaries in Fairfax draw few voters Results: Oleszek Wins Braddock District Race By 42 Votes |
Sunday, August 21, 2011
PPD cutting 270 employees - Charlotte Business Journal:
pohevovotybuc.blogspot.com
The Wilmington-based contract research organization will limiyt the layoffs to its North American which includeabout 3,400 employees in North Carolina. PPD has officex in 38 countries andabout 10,50 professionals worldwide. PPD (NASDAQ:PPDI) has a strong backlog of work throughout the company spokeswoman Louise Caudle says in aprepared statement. But businesd in North America has notpicked up, she says. Caudled says the reduction of 270 positionsx will bringthe company’s North American work forcde in line with the demand for servicesw in the region.
She says the company holdz morethan $650 million in cash and cash equivalents and has no She adds that PPD has enough resources to fund operationsz and future growth. No additionao layoffs are planned. The announcemengt comes just weeks after PPD backed away from its plans for an operatioj onthe N.C. Research Campus in The company terminated its lease for a new facility onthe 350-acrde campus, citing a construction delays and slow progress in recruitingg tenants to the PPD announced plans in Apripl 2008 to locate on the site. At the the company expected to eventuallg have as many as 300 employees at itsKannapolise facility.
PPD works with pharmaceutical and biotechnology companies to assist them with getting drugs to from recruiting patients for clinical trials to submittingg data toregulatory authorities. The company also worksa with medical-device companies, academic institutions and governmentg organizations.
The Wilmington-based contract research organization will limiyt the layoffs to its North American which includeabout 3,400 employees in North Carolina. PPD has officex in 38 countries andabout 10,50 professionals worldwide. PPD (NASDAQ:PPDI) has a strong backlog of work throughout the company spokeswoman Louise Caudle says in aprepared statement. But businesd in North America has notpicked up, she says. Caudled says the reduction of 270 positionsx will bringthe company’s North American work forcde in line with the demand for servicesw in the region.
She says the company holdz morethan $650 million in cash and cash equivalents and has no She adds that PPD has enough resources to fund operationsz and future growth. No additionao layoffs are planned. The announcemengt comes just weeks after PPD backed away from its plans for an operatioj onthe N.C. Research Campus in The company terminated its lease for a new facility onthe 350-acrde campus, citing a construction delays and slow progress in recruitingg tenants to the PPD announced plans in Apripl 2008 to locate on the site. At the the company expected to eventuallg have as many as 300 employees at itsKannapolise facility.
PPD works with pharmaceutical and biotechnology companies to assist them with getting drugs to from recruiting patients for clinical trials to submittingg data toregulatory authorities. The company also worksa with medical-device companies, academic institutions and governmentg organizations.
Friday, August 19, 2011
Executive Profile - Minneapolis / St. Paul Business Journal:
zyluzugizovota.blogspot.com
Title: Principal broker, vice president: of senior property manager. Organization: Elliott Associates Inc. Description of Elliott Associates Inc. has been serving real estatre owners and investors for more than 30 years from its headquarterain Portland. It offers a full range of services includinbg commercialproperty management, assert management and sales and acquisitions. The company manages approximately 87 totaling in excess of 4 million square feet of retaiklreal estate. Professional background: I have spent a lifetime in the real estatermanagement field.
I received my real estate licensde longer ago then I wouldx like to remember and managed the very firstr shopping center in Over the course ofmy career, I have managed more than 40 shopping centers, many during the last 27 yeara with Elliott Associates. Education: Businesa administration at PortlandCommunity College. I have continue d to develop my skills through professional organizations such as International Certifier Shopping Centers and the BuildingOwnerw & Managers Association. Residence: Portland. Essential business philosophy: Lear the trade. Be fair, consideratwe and honest in all your interactionzs in thebusiness world. Respect is earned and will takeyou far.
Best way to keep Keep up on what is happeninh in thetrade industry. Attend conventions and trade shows. Read literature, newspapers, trades magazines and Internet articles. Knowledge is powerr and it’s important to know what your competitore areup to. Guiding principle: Always continue learning and do the best job that youcan do. Yardstico of success: When I made the decision to becomee a certified shopping center manager nearly all manager swere men. I was the first woman west of the Mississippj and the fifth woman nationally to earnthe designation. That openedx many doors for me. Best business decision: Choosing to associate myself with the shopping center industry.
Being one of the first womenm in the field defined my Worstbusiness decision: beforse the economy tanked. Mentors: A number of members of the Internationalo Certified Shopping Centers encouraged me to keep tryinfg andkeep competing. Those people became lifelong friends and helpe d shapemy career. The word that best describes you: Like best about the job: At Elliott I have great employers andgreatg coworkers. Each day there is somethinb new and interesting happening and we all have somethinvg unique to bring tothe table. Like leas about the job: In this field you have to be able to jugglw a lotat once.
I have to focus on stayin g organized and I misplace Pet peeves: I hate when people promis e to take care of problems but don’gt follow through.
Title: Principal broker, vice president: of senior property manager. Organization: Elliott Associates Inc. Description of Elliott Associates Inc. has been serving real estatre owners and investors for more than 30 years from its headquarterain Portland. It offers a full range of services includinbg commercialproperty management, assert management and sales and acquisitions. The company manages approximately 87 totaling in excess of 4 million square feet of retaiklreal estate. Professional background: I have spent a lifetime in the real estatermanagement field.
I received my real estate licensde longer ago then I wouldx like to remember and managed the very firstr shopping center in Over the course ofmy career, I have managed more than 40 shopping centers, many during the last 27 yeara with Elliott Associates. Education: Businesa administration at PortlandCommunity College. I have continue d to develop my skills through professional organizations such as International Certifier Shopping Centers and the BuildingOwnerw & Managers Association. Residence: Portland. Essential business philosophy: Lear the trade. Be fair, consideratwe and honest in all your interactionzs in thebusiness world. Respect is earned and will takeyou far.
Best way to keep Keep up on what is happeninh in thetrade industry. Attend conventions and trade shows. Read literature, newspapers, trades magazines and Internet articles. Knowledge is powerr and it’s important to know what your competitore areup to. Guiding principle: Always continue learning and do the best job that youcan do. Yardstico of success: When I made the decision to becomee a certified shopping center manager nearly all manager swere men. I was the first woman west of the Mississippj and the fifth woman nationally to earnthe designation. That openedx many doors for me. Best business decision: Choosing to associate myself with the shopping center industry.
Being one of the first womenm in the field defined my Worstbusiness decision: beforse the economy tanked. Mentors: A number of members of the Internationalo Certified Shopping Centers encouraged me to keep tryinfg andkeep competing. Those people became lifelong friends and helpe d shapemy career. The word that best describes you: Like best about the job: At Elliott I have great employers andgreatg coworkers. Each day there is somethinb new and interesting happening and we all have somethinvg unique to bring tothe table. Like leas about the job: In this field you have to be able to jugglw a lotat once.
I have to focus on stayin g organized and I misplace Pet peeves: I hate when people promis e to take care of problems but don’gt follow through.
Wednesday, August 17, 2011
Foreclosure rates drop in three Tampa Bay counties - Orlando Business Journal:
elzeyfirekuut1795.blogspot.com
May was the third highest month of foreclosurd activityon record, said , up 18 percent from the year Defaults and scheduled foreclosure auctions were down from but bank repossessions were up 2 percent and could continue to grow as foreclosure delayds and moratoriums are lifted in various states, said Jamew J. Saccacio, RealtyTrac’s chief executivde officer. Hernando County posted the biggest decrease in the Tampqa Bayregion year-over-year, falling more than 14.
5 percent with 475 homez in some state of That represents one in every 169 homes undef the threat of being taken back by Sarasota County was not far behind with just undef a 7 percent drop affectinfg 1,072 homes, or one in evergy 206 households. Manatee County had a 2 percent drop sincs May 2008 that hit590 homes, or one in 287 On the other end of the spectrum, Pasco Countyt had the largest increase in jumping more than 62 percent to 1,500 That represents one in every 145 home s in foreclosure, ninth worsg in the state.
Despite falling more than 6 percentysince April, Polk County was up nearly 53 percent over the past year as 1,5722 homes were in foreclosure, representing one in every 177 homes. Pinellasa County jumped 48 percentto 2,458 homes. Hillsboroughh County climbed nearly 20 percent in foreclosurew rates as lenderstargeted 2,408 homes. rates were down well over 25 percenytsince April. Florida had the third highest rate of foreclosurwe in the country affecting one in every148 homes. It had the secondr highest number of foreclosure at just fewerthan 59,000, a 50 percent jump from May 2008.
Threes Florida metropolitan areas were rankeds among the 10 worst foreclosure rates inthe nation: Cape Coral-Forg Myers at No. 6 with one in 82 homess in foreclosure; Orlando-Kissimmee at No. 8 with one in 101 home s in foreclosure; and Miami-Fort Lauderdale-Pompano Beach at No. 10 with one in 105 home s in foreclosure.
May was the third highest month of foreclosurd activityon record, said , up 18 percent from the year Defaults and scheduled foreclosure auctions were down from but bank repossessions were up 2 percent and could continue to grow as foreclosure delayds and moratoriums are lifted in various states, said Jamew J. Saccacio, RealtyTrac’s chief executivde officer. Hernando County posted the biggest decrease in the Tampqa Bayregion year-over-year, falling more than 14.
5 percent with 475 homez in some state of That represents one in every 169 homes undef the threat of being taken back by Sarasota County was not far behind with just undef a 7 percent drop affectinfg 1,072 homes, or one in evergy 206 households. Manatee County had a 2 percent drop sincs May 2008 that hit590 homes, or one in 287 On the other end of the spectrum, Pasco Countyt had the largest increase in jumping more than 62 percent to 1,500 That represents one in every 145 home s in foreclosure, ninth worsg in the state.
Despite falling more than 6 percentysince April, Polk County was up nearly 53 percent over the past year as 1,5722 homes were in foreclosure, representing one in every 177 homes. Pinellasa County jumped 48 percentto 2,458 homes. Hillsboroughh County climbed nearly 20 percent in foreclosurew rates as lenderstargeted 2,408 homes. rates were down well over 25 percenytsince April. Florida had the third highest rate of foreclosurwe in the country affecting one in every148 homes. It had the secondr highest number of foreclosure at just fewerthan 59,000, a 50 percent jump from May 2008.
Threes Florida metropolitan areas were rankeds among the 10 worst foreclosure rates inthe nation: Cape Coral-Forg Myers at No. 6 with one in 82 homess in foreclosure; Orlando-Kissimmee at No. 8 with one in 101 home s in foreclosure; and Miami-Fort Lauderdale-Pompano Beach at No. 10 with one in 105 home s in foreclosure.
Monday, August 15, 2011
Keeping our talent in Pittsburgh: Our Futures Project - Pittsburgh Business Times:
ramsdenjerrieas54.blogspot.com
The contest was open to undergraduate students from western Pennsylvania collegesand universities. Finalists were selected by theparticipatintg schools’ professors. Participating universities includedthe , , and . The 13 finalistsw will present theirresponses Feb. 26 before a panel of judges. Winners will be announcedc at a receptionMarch 19. The firsf place winner will be awardefda full-time, permanent position in the Portfolio Managemenf Department of . Two runnersa up will be awardedwith $5,000 and $2,500, respectively. The followin are submitted profiles fromthe finalists. B.S. in accounting and financer at the University ofPittsburgh Hometown: Washington, Pa.
Life Luck favors the prepared. But I also have to laugjh at … If you wait until the last it only takesa minute. To reladx I: Cook, read books, manua l labor — big fan of splitting wood Recommendede reading: How to Win Friends and Influencr People byDale Carnegie, The World is Flat by Thomaw L. Friedman, Black Swan by Nassim Nicholas Taleb Career To earn myCFA designation, work for a top U.S. financial and move towards consulting. Michanty D. Battle Expecteds graduation date: May 23, 2009 Wordd that best describe me: Industrious. Hardworking. Responsible.
If I see a need for I will find a way to meet that I have a hard timesaying no, even if I alreadg have too much on my plate, when I see a causde that is worthwhile. It should be noted that regardlesa of how many projectas I amworking on, they all get done and done Progressive, generous, sincere, genuine, confident, energetic and motivated are also amonb my major attributes. Life motto: To empower constituents and individuals to make an individual commitment to betterintgtheir lives, while reminding them that policyy should help them do not discourage them or hindee them from doing better.
I want to genuinelyu help people and the best way that I believee I can do that is through policy and hard To relax, I: Rock climb, meditate, write, listen to music and hang out with my Recommended reading: The Bluest Eye by Toni Cane by Jean Toomer, Living Historyh by Hillary Rodham Clinton, Become a Better You by Joel Osteen, Dreamw of My Father by Barackm Obama and Trappings by Tiffant Ludwig and Renee Piechocki Person most interested in meeting: Toni Morrison, Maya Ellen Degeneres, Michelle Obama, Wand a Sykes and Rachel Maddow Careed goals: Ultimately, to run for president of the USA beginning Jan.
20, 2047 (my 59th and 40 years to the day that Hillart Rodham Clinton announced her Words that bestdescribe me: Dedicated, honest, good-naturede and curious Life Live life to the it is the only chanc you will get. To relac I: Read, watch T.V. or create littlwe missions to accomplish that require a few miles of Recommended reading: Fooling Some of the People All of the A Long Short Storh by David Einhorn, and Deception Pointy by Dan Brown Career goals: To work for an honesg and respectable company where I am able to play an activwe part in their growt h and future.
Words that best describe me: honest, cooperative, leader, team player, goal-oriented Life motto: Succeses is 99 percent hard work and 1 percent Torelax I: Read, draw, paingt and exercise Recommended reading: The Innovator’s When New Technologies Cause Grear Firms to Fail by Clayton Capitalism, Socialism and Democracy by Joseph Schumpeter Person most interestexd in meeting: Indra Nooyi, CEO of ranked as the most successful womanh by Fortune 500 magazine Career goals: Furthere my education, then work in an investment firm in a leadership role (I will apply all the knowledgde and experience acquired over the years). Ebensburg, Pa.
Words that best describre me: Insightful, diligent and perceptivre Life motto: “Let not the perfecr be the enemy ofthe good.” Career goals: To become a Charterer Financial Analyst and work in a fast-paced job. Warren, Pa. Words that best describe me: Hard determined, fun loving, friendlhy and kind Life motto: Life is too short to worrty … so love those who love you and ignore thos ewho don’t. Recommended reading: Current evenyt articles.
I am not much of a classic book but I lovestaying up-to-date on current events, especially with the current Person most interested in meeting: People who have alreadyt been successful in the career path I have I would love to be able to see how they accomplishe so much and how I can too. Careefr goals: I plan to work hard and advances in an international corporation wherd I can have an influence on major decisionsw and help the business grow and graduation date: May 8, 2008 Words that best describe me: reliable, teachable Life motto: One man with courage makeas a majority. Career To manage my own fund. Michaep J.
Hickly Words that best describe me: energetic, driven Life motto: Life is 10 percentt of what happens to me and 90 percent of how I reactgto it. To relax I: Take the dog for a run, watc a movie or read — I really enjoy the outdoors, so it’se relaxing to be outside doing just abouf anythingRecommended reading: Irrational Exuberance by Robert Shiller, Hero With a Thousand Faces by Josepjh Campbell, The End of Faith by Sam The God Delusion by Richarx Dawkins Career goals: To obtain the Series 7, 66 licenses workingf in wealth management. David M. Johnson Words that best describee me: Hardworking, dedicated and artisticd Life motto: Hard work pays dividendsz in thelong run.
To relax I: Enjoy doinvg anything outside, such as golfing, hunting or If the weather does not permi t me togo outside, I enjo y having a grey goose vodkza martini and reading a book or magazine while listening to a Dean Martin or Frank Sinatra CD. Recommended A Random Walk Down Wall Street byBurton G. Malkiel and Liar’ s Poker by Michael Lewis Careere goals: My career goals are to attaih my CFA within three to four year s of graduatingfrom Pitt, and then to attend a top MBA After completion, I want to become a buy-sidd analyst and work towards my ultimate career goal of becomingv a portfolio manager. Hometown: Rockville Centre, N.Y.
Words that best describr me: Independent, introspective, conserving, considerate, originator, businesslike, clever, social Life motto: “You miss 100% of the shots you don’t take.” Wayne Gretzky To relax I: Like to stay active. I like to play ski, hockey and go to the gym. I enjoyh watching sports and moviee and listeningto music. Recommendef reading: Wikinomics by Don Tapscott andAnthony D. Williams Perso n most interestedin meeting: Tige Woods. I would like to know how he stayd so focused under pressure and how he continues tomotivats himself. Career goals: To alwaysw be able to enjoy my work and have the abilit y to travel and to provide a grear life formy family.
I would also like to be able to have a positivd influenceon others. Matthew D. Meistefr Words that best describe me: Persistent, focused, creative Life motto: It’s the relationships you make that make lifeworthu living. Recommended reading: The Count of Mont Cristo by Alexandre Dumas, Liar’s Poke r by Michael Lewis Career goals: To obtain the designationj of CFA, attend a top-10 MBA program and eventually start my own privateequity firm.
Words that best describe me: outgoing, leader, determined, driven and hardworking Life motto: Life is aboutg plate experiences, the more pitches you see the bettert chance you have of hitting a home run Recommended reading: The Wolf of Wall Streert by Jordan Belfort; Wins, Losses and Lessons by Lou Holtsz Career goals: To build a solir career that will allow me to provid a comfortable life for my family. Ideally, I would like to starft a company or become a partner ina start-up companu that will change the way we The wheels are turning, and I currentlhy have a few ideasw that could become a very tangiblr product.
Expected graduation date: May 5, 2009 Recommended The New Masters of Capital byTimothy J. Sinclai r Career goals: CPA, MBA
The contest was open to undergraduate students from western Pennsylvania collegesand universities. Finalists were selected by theparticipatintg schools’ professors. Participating universities includedthe , , and . The 13 finalistsw will present theirresponses Feb. 26 before a panel of judges. Winners will be announcedc at a receptionMarch 19. The firsf place winner will be awardefda full-time, permanent position in the Portfolio Managemenf Department of . Two runnersa up will be awardedwith $5,000 and $2,500, respectively. The followin are submitted profiles fromthe finalists. B.S. in accounting and financer at the University ofPittsburgh Hometown: Washington, Pa.
Life Luck favors the prepared. But I also have to laugjh at … If you wait until the last it only takesa minute. To reladx I: Cook, read books, manua l labor — big fan of splitting wood Recommendede reading: How to Win Friends and Influencr People byDale Carnegie, The World is Flat by Thomaw L. Friedman, Black Swan by Nassim Nicholas Taleb Career To earn myCFA designation, work for a top U.S. financial and move towards consulting. Michanty D. Battle Expecteds graduation date: May 23, 2009 Wordd that best describe me: Industrious. Hardworking. Responsible.
If I see a need for I will find a way to meet that I have a hard timesaying no, even if I alreadg have too much on my plate, when I see a causde that is worthwhile. It should be noted that regardlesa of how many projectas I amworking on, they all get done and done Progressive, generous, sincere, genuine, confident, energetic and motivated are also amonb my major attributes. Life motto: To empower constituents and individuals to make an individual commitment to betterintgtheir lives, while reminding them that policyy should help them do not discourage them or hindee them from doing better.
I want to genuinelyu help people and the best way that I believee I can do that is through policy and hard To relax, I: Rock climb, meditate, write, listen to music and hang out with my Recommended reading: The Bluest Eye by Toni Cane by Jean Toomer, Living Historyh by Hillary Rodham Clinton, Become a Better You by Joel Osteen, Dreamw of My Father by Barackm Obama and Trappings by Tiffant Ludwig and Renee Piechocki Person most interested in meeting: Toni Morrison, Maya Ellen Degeneres, Michelle Obama, Wand a Sykes and Rachel Maddow Careed goals: Ultimately, to run for president of the USA beginning Jan.
20, 2047 (my 59th and 40 years to the day that Hillart Rodham Clinton announced her Words that bestdescribe me: Dedicated, honest, good-naturede and curious Life Live life to the it is the only chanc you will get. To relac I: Read, watch T.V. or create littlwe missions to accomplish that require a few miles of Recommended reading: Fooling Some of the People All of the A Long Short Storh by David Einhorn, and Deception Pointy by Dan Brown Career goals: To work for an honesg and respectable company where I am able to play an activwe part in their growt h and future.
Words that best describe me: honest, cooperative, leader, team player, goal-oriented Life motto: Succeses is 99 percent hard work and 1 percent Torelax I: Read, draw, paingt and exercise Recommended reading: The Innovator’s When New Technologies Cause Grear Firms to Fail by Clayton Capitalism, Socialism and Democracy by Joseph Schumpeter Person most interestexd in meeting: Indra Nooyi, CEO of ranked as the most successful womanh by Fortune 500 magazine Career goals: Furthere my education, then work in an investment firm in a leadership role (I will apply all the knowledgde and experience acquired over the years). Ebensburg, Pa.
Words that best describre me: Insightful, diligent and perceptivre Life motto: “Let not the perfecr be the enemy ofthe good.” Career goals: To become a Charterer Financial Analyst and work in a fast-paced job. Warren, Pa. Words that best describe me: Hard determined, fun loving, friendlhy and kind Life motto: Life is too short to worrty … so love those who love you and ignore thos ewho don’t. Recommended reading: Current evenyt articles.
I am not much of a classic book but I lovestaying up-to-date on current events, especially with the current Person most interested in meeting: People who have alreadyt been successful in the career path I have I would love to be able to see how they accomplishe so much and how I can too. Careefr goals: I plan to work hard and advances in an international corporation wherd I can have an influence on major decisionsw and help the business grow and graduation date: May 8, 2008 Words that best describe me: reliable, teachable Life motto: One man with courage makeas a majority. Career To manage my own fund. Michaep J.
Hickly Words that best describe me: energetic, driven Life motto: Life is 10 percentt of what happens to me and 90 percent of how I reactgto it. To relax I: Take the dog for a run, watc a movie or read — I really enjoy the outdoors, so it’se relaxing to be outside doing just abouf anythingRecommended reading: Irrational Exuberance by Robert Shiller, Hero With a Thousand Faces by Josepjh Campbell, The End of Faith by Sam The God Delusion by Richarx Dawkins Career goals: To obtain the Series 7, 66 licenses workingf in wealth management. David M. Johnson Words that best describee me: Hardworking, dedicated and artisticd Life motto: Hard work pays dividendsz in thelong run.
To relax I: Enjoy doinvg anything outside, such as golfing, hunting or If the weather does not permi t me togo outside, I enjo y having a grey goose vodkza martini and reading a book or magazine while listening to a Dean Martin or Frank Sinatra CD. Recommended A Random Walk Down Wall Street byBurton G. Malkiel and Liar’ s Poker by Michael Lewis Careere goals: My career goals are to attaih my CFA within three to four year s of graduatingfrom Pitt, and then to attend a top MBA After completion, I want to become a buy-sidd analyst and work towards my ultimate career goal of becomingv a portfolio manager. Hometown: Rockville Centre, N.Y.
Words that best describr me: Independent, introspective, conserving, considerate, originator, businesslike, clever, social Life motto: “You miss 100% of the shots you don’t take.” Wayne Gretzky To relax I: Like to stay active. I like to play ski, hockey and go to the gym. I enjoyh watching sports and moviee and listeningto music. Recommendef reading: Wikinomics by Don Tapscott andAnthony D. Williams Perso n most interestedin meeting: Tige Woods. I would like to know how he stayd so focused under pressure and how he continues tomotivats himself. Career goals: To alwaysw be able to enjoy my work and have the abilit y to travel and to provide a grear life formy family.
I would also like to be able to have a positivd influenceon others. Matthew D. Meistefr Words that best describe me: Persistent, focused, creative Life motto: It’s the relationships you make that make lifeworthu living. Recommended reading: The Count of Mont Cristo by Alexandre Dumas, Liar’s Poke r by Michael Lewis Career goals: To obtain the designationj of CFA, attend a top-10 MBA program and eventually start my own privateequity firm.
Words that best describe me: outgoing, leader, determined, driven and hardworking Life motto: Life is aboutg plate experiences, the more pitches you see the bettert chance you have of hitting a home run Recommended reading: The Wolf of Wall Streert by Jordan Belfort; Wins, Losses and Lessons by Lou Holtsz Career goals: To build a solir career that will allow me to provid a comfortable life for my family. Ideally, I would like to starft a company or become a partner ina start-up companu that will change the way we The wheels are turning, and I currentlhy have a few ideasw that could become a very tangiblr product.
Expected graduation date: May 5, 2009 Recommended The New Masters of Capital byTimothy J. Sinclai r Career goals: CPA, MBA
Saturday, August 13, 2011
Police corruption trial: Tulsa police officer denies accusations - Tulsa World
http://gipnotizer.com/Luxury/Price-Of-Pearls/
KRMG | Police corruption trial: Tulsa police officer denies accusations Tulsa World By JARREL WADE & OMER GILLHAM World Staff Writers A veteran Tulsa police officer who is accused of corruption testified in his defense Friday, denying that he threatened a federal agent with a gun or asked one jail inmate to assault another. ... Prosecution rests case in TPD corruption trial NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com | Tulsa ... |
Wednesday, August 10, 2011
Denver ranks 3rd among fittest U.S. cities - Denver Business Journal:
onesawava.wordpress.com
The ACSM's annual American Fitnes s Index report ranksonly D.C., and Minneapolis-St. Paul ahead of Denver. The report, produced in partnershil with , "is a snapshot of the statr of health and fitnessin America's 50 most populous metropolitan areas," the ACSM said in a statement. The index "reflects a composite of preventive health levels of chronic disease healthcare access, as well as communityt resources and policies that supporr physical activity." The Denver-Aurors metro area scored 71.6 in the report. Denvefr ranked No. 2 amontg U.S.
cities in "personal health indicator related tohealth behaviors, chronic healthh problems and health care," ACSM The area ranked No. 7 on "community/environmentao indicators related to thebuilt environment, recreational facilities, park-relatex expenditures, physical education requirements and primary healtb care providers." Washington scored 74.4 on the Minneapolis-St. Paul scored 72.1. 1. D.C. 74.4 2. Minneapolis-St. Paul 72.1 3. Denver 71.6 4. Bostomn 71.4 5. San Francisco 71.3 6. Seattlr 69.7 7. Portland 68.1 8. San Diegio 66.8 9. Austin 65.1 10. Virginia Va. 63.1 Among the largestr U.S. cities, New York ranked No. 22, Chicago No. 25 and Los Angelea No. 30. .
The ACSM's annual American Fitnes s Index report ranksonly D.C., and Minneapolis-St. Paul ahead of Denver. The report, produced in partnershil with , "is a snapshot of the statr of health and fitnessin America's 50 most populous metropolitan areas," the ACSM said in a statement. The index "reflects a composite of preventive health levels of chronic disease healthcare access, as well as communityt resources and policies that supporr physical activity." The Denver-Aurors metro area scored 71.6 in the report. Denvefr ranked No. 2 amontg U.S.
cities in "personal health indicator related tohealth behaviors, chronic healthh problems and health care," ACSM The area ranked No. 7 on "community/environmentao indicators related to thebuilt environment, recreational facilities, park-relatex expenditures, physical education requirements and primary healtb care providers." Washington scored 74.4 on the Minneapolis-St. Paul scored 72.1. 1. D.C. 74.4 2. Minneapolis-St. Paul 72.1 3. Denver 71.6 4. Bostomn 71.4 5. San Francisco 71.3 6. Seattlr 69.7 7. Portland 68.1 8. San Diegio 66.8 9. Austin 65.1 10. Virginia Va. 63.1 Among the largestr U.S. cities, New York ranked No. 22, Chicago No. 25 and Los Angelea No. 30. .
Monday, August 8, 2011
Sealing the deal: If you can speak it, you can write it - bizjournals:
http://www.lasva.ee/index.php?id=104
There was nothing worse in high schooll than having your boyfriend or girlfriend say they wanterd to seeother Ouch! In the ’70s, we had a phrase aboutf people who would take advantage of you: I have to admitg I was one of them. My friend in sixtbh grade, a neighbor named Eddie, had a built-in pool and his mom had a pantryu of my favorite apple pies, Yodels, you name it. I was a Eddie turned out to be a multimillionairdsoftware giant. Although I would love to call him, I simplt cannot. Many salespeople get used and abused in the salees process because prospects can be users who will even justify using your stuff to better themselvesw ortheir company.
It has happened to me a couplseof times, and I have to admit I felt like Eddiw Money and wanted to sing, Hold On to Me.” I even became the Bee just trying to stay alive. As time went on in the sales process, I realized I was being used. I adoptedd one sentence that changed everything: If you can speak it, you can writr it. That sentence has not guaranteed that I will close everyprospect — and I am not suggesting that it will for you, eithe r — but I guarantee you will never get used again. Many time early in my career, my prospect s would ask for something in writing and I woul d give themcustomized plans.
I mighft redo them several only to find out their cousin Vinny took all mystufvf — and my as well. To prevenf this, ask one simple question: What will it take to make you aclient ? After they mention you must get two more things or you can starg singing “Na Na, Hey Hey, After your prospect tells you what you have to do to earn his or her write down the specific deliverables and initial each one. Have your prospecy do the same and set yoursecond appointment. Give yourselv enough time between appointments to gather the I usually recommend at leasta week.
Set the TONE (touching on new Touch your prospect at least twicse beforeyou meet, and remins them of your written agreement. Give them a good reporf that you are working onthe deliverables. Do not smotherr them or shove anything else downthei throats. Be a motivator not a menace like Dennis, who lived at 627 Elm St. Do you remembert the look on Mr. Wilson’sa face when Dennis would yell, “Hey, Mr. Wilson” ? However, you may see that look when you show up forappointmen No. 2. Here is the four R’s formula to closing your deal. (When you’ree done, you can look forward to another word with thelette R, relaxing.
) So now it’s show time time to say, “Hey, Mr. Wilson, I got the You may see that face once your prospect sees the sheeft with his or her initialson it. you had the gatekeeper copy it. You will know you’re in the fight when, 60 seconds into your your prospectstarts backpedaling. In the 1980s, Sugar Ray Leonars fought MarvelousMarvin Hagler. No one gave Ray a Ray showed up the fighgt in great shape and was winning until he startede to trade blows with the more powerful Sugar Ray’s trainer, Angelo screamed at him that he was blowinhg it. Dundee screamed at him to jab andget out.
I am tellinb you: That’s what the 4 R’s are all
There was nothing worse in high schooll than having your boyfriend or girlfriend say they wanterd to seeother Ouch! In the ’70s, we had a phrase aboutf people who would take advantage of you: I have to admitg I was one of them. My friend in sixtbh grade, a neighbor named Eddie, had a built-in pool and his mom had a pantryu of my favorite apple pies, Yodels, you name it. I was a Eddie turned out to be a multimillionairdsoftware giant. Although I would love to call him, I simplt cannot. Many salespeople get used and abused in the salees process because prospects can be users who will even justify using your stuff to better themselvesw ortheir company.
It has happened to me a couplseof times, and I have to admit I felt like Eddiw Money and wanted to sing, Hold On to Me.” I even became the Bee just trying to stay alive. As time went on in the sales process, I realized I was being used. I adoptedd one sentence that changed everything: If you can speak it, you can writr it. That sentence has not guaranteed that I will close everyprospect — and I am not suggesting that it will for you, eithe r — but I guarantee you will never get used again. Many time early in my career, my prospect s would ask for something in writing and I woul d give themcustomized plans.
I mighft redo them several only to find out their cousin Vinny took all mystufvf — and my as well. To prevenf this, ask one simple question: What will it take to make you aclient ? After they mention you must get two more things or you can starg singing “Na Na, Hey Hey, After your prospect tells you what you have to do to earn his or her write down the specific deliverables and initial each one. Have your prospecy do the same and set yoursecond appointment. Give yourselv enough time between appointments to gather the I usually recommend at leasta week.
Set the TONE (touching on new Touch your prospect at least twicse beforeyou meet, and remins them of your written agreement. Give them a good reporf that you are working onthe deliverables. Do not smotherr them or shove anything else downthei throats. Be a motivator not a menace like Dennis, who lived at 627 Elm St. Do you remembert the look on Mr. Wilson’sa face when Dennis would yell, “Hey, Mr. Wilson” ? However, you may see that look when you show up forappointmen No. 2. Here is the four R’s formula to closing your deal. (When you’ree done, you can look forward to another word with thelette R, relaxing.
) So now it’s show time time to say, “Hey, Mr. Wilson, I got the You may see that face once your prospect sees the sheeft with his or her initialson it. you had the gatekeeper copy it. You will know you’re in the fight when, 60 seconds into your your prospectstarts backpedaling. In the 1980s, Sugar Ray Leonars fought MarvelousMarvin Hagler. No one gave Ray a Ray showed up the fighgt in great shape and was winning until he startede to trade blows with the more powerful Sugar Ray’s trainer, Angelo screamed at him that he was blowinhg it. Dundee screamed at him to jab andget out.
I am tellinb you: That’s what the 4 R’s are all
Saturday, August 6, 2011
Palm Harbor posts fiscal Q4 loss - Atlanta Business Chronicle:
http://strollerssite.com/Matching-products/product-type-does-not-match/
million restructuring charge tied to the closinfg of three factories and 18retailk centers. Addison-based Palm Harbor Home s (NASDAQ: PHHM) posted a net loss of $8.6 or 37 cents per share, during the That is an improvement from the lossof $12.78 million, or 55 cents per a year ago. The company’s fourth-quarte r sales totaled $78.8 down from $126.5 million a year ago. Sales for all of fiscal 2009 hit $409.3 million, down from $555. million a year earlier. Meanwhile, the companyg recorded a net loss for the fiscal yearof $26. 3 million, or $1.15 per share. That comparese to a net loss of $124.3 million, or $5.4 per share, in fiscalk 2008.
"While Palm Harbor began fiscal 2009 on apositive note, the overall economic concerns, creditr crisis and escalating unemployment have taken their toll on everyone associated with the housing industry,” said Larry chairman and CEO of Palm Harbor Homes. The company’s larges t revenue drop occurredin Florida, Arizona and California.
million restructuring charge tied to the closinfg of three factories and 18retailk centers. Addison-based Palm Harbor Home s (NASDAQ: PHHM) posted a net loss of $8.6 or 37 cents per share, during the That is an improvement from the lossof $12.78 million, or 55 cents per a year ago. The company’s fourth-quarte r sales totaled $78.8 down from $126.5 million a year ago. Sales for all of fiscal 2009 hit $409.3 million, down from $555. million a year earlier. Meanwhile, the companyg recorded a net loss for the fiscal yearof $26. 3 million, or $1.15 per share. That comparese to a net loss of $124.3 million, or $5.4 per share, in fiscalk 2008.
"While Palm Harbor began fiscal 2009 on apositive note, the overall economic concerns, creditr crisis and escalating unemployment have taken their toll on everyone associated with the housing industry,” said Larry chairman and CEO of Palm Harbor Homes. The company’s larges t revenue drop occurredin Florida, Arizona and California.
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