tiqosi.wordpress.com
United Guaranty, which is a unit of troubledf insurancegiant , had employed aboug 500 people locally. The company said the 160 affected jobs are less than 15 percentg ofUnited Guaranty’s total worldwide Like other mortgage United Guaranty has been hobble d by the nationwide housing crisis. It insuree mortgage lenders against defaultby homeowners, and those defaults have skyrocketecd in the past two years. United Guaranty reported about $2.
5 billion in operatinh losses in 2008, and another $483 milliohn in the first quarter of this Eric Martinez, who took over as CEO of United Guaranth on June 1 following the sudden departured of former chief executive Bill y Nutt, said in the statement that the company continues to underwritw new loans and book “solid, profitabld business,” but that market conditions required the “We are working with AIG to investigatew a range of options to manage in this difficult environment, with a high prioritg on preserving as many jobs as possible and maintainingh the high-level service that customers have always received,” Martineaz said.
Employees affected by the layoff will receivwoutplacement services, the companyt said.
Wednesday, February 29, 2012
Monday, February 27, 2012
Default ruling is set aside in Fifth Third suit vs. McAlpine - Business First of Columbus:
http://nolaer.net/education/michael-gove-ducks-question-over-deletion-of-private-emails/
The Cincinnati-based lender won the entry of default ruling last monthn in Mecklenburg Superior Court aftetr demonstrating that McAlpine had not responded to a lawsuit filed by the bankin April. Mark a lawyer with , which is representing Fifth says the bank filed a motion asking the entrg of default be set Fred DeVore, a lawyer with who is representingy McAlpine, says the developer will be required to file a replg to the suit but the two parties woulx continue to negotiate. “We’ve been making good progress with the and we feel likethat we’re going to work something out that suits McAlpine says.
In its suit, the bank claimxs McAlpine, president of , and two affiliates owe Fifthn Third morethan $800,000 in principap and interest on loans made in 2002 and 2006. The loans, whicb totaled $2.8 million, were for Prosperity Park, a developmentt at the intersection of Prosperity Churchand Johnson-Oehler roads. Fifth Third also is seekingh attorneys fees of morethan $120,000 in the McAlpine and The McAlpine Group signed guarantees on the which were made to two limitex liability companies called Prosperithy Park and 10210 Prosperity Park Drive.
Separately, a lawyer representing says a dismissap would likely be filed this week in a suitagainsf McAlpine, who says he has reached a settlemengt agreement with the bank. Wachoviz sued McAlpine over an $8.23 million acquisition and development loan made in Aprilo 2006 for hisMcCarley community, near the intersection of Lancaster Highway and Ardrey Kell Road. According to that suit, McAlpinde missed a $1.7 million payment due in Octobef anda $2.5 million payment due in January and still owes the bank more than $7 millioj on the loan.
McAlpine is working to turn the developmengt into a retirement community and is seeking a zoningt change tomove
The Cincinnati-based lender won the entry of default ruling last monthn in Mecklenburg Superior Court aftetr demonstrating that McAlpine had not responded to a lawsuit filed by the bankin April. Mark a lawyer with , which is representing Fifth says the bank filed a motion asking the entrg of default be set Fred DeVore, a lawyer with who is representingy McAlpine, says the developer will be required to file a replg to the suit but the two parties woulx continue to negotiate. “We’ve been making good progress with the and we feel likethat we’re going to work something out that suits McAlpine says.
In its suit, the bank claimxs McAlpine, president of , and two affiliates owe Fifthn Third morethan $800,000 in principap and interest on loans made in 2002 and 2006. The loans, whicb totaled $2.8 million, were for Prosperity Park, a developmentt at the intersection of Prosperity Churchand Johnson-Oehler roads. Fifth Third also is seekingh attorneys fees of morethan $120,000 in the McAlpine and The McAlpine Group signed guarantees on the which were made to two limitex liability companies called Prosperithy Park and 10210 Prosperity Park Drive.
Separately, a lawyer representing says a dismissap would likely be filed this week in a suitagainsf McAlpine, who says he has reached a settlemengt agreement with the bank. Wachoviz sued McAlpine over an $8.23 million acquisition and development loan made in Aprilo 2006 for hisMcCarley community, near the intersection of Lancaster Highway and Ardrey Kell Road. According to that suit, McAlpinde missed a $1.7 million payment due in Octobef anda $2.5 million payment due in January and still owes the bank more than $7 millioj on the loan.
McAlpine is working to turn the developmengt into a retirement community and is seeking a zoningt change tomove
Saturday, February 25, 2012
On-time performance dips at Hartsfield-Jackson - Atlanta Business Chronicle:
http://www.articletape.com/business/news_2011-06-17-00-30-03-689.html
The monthly report, whicu tracks the top 19 U.S. ranked Atlanta-based Delta DAL) 14th among its peersx with an on-time percentage of 77.4 in May. This compares with an on-time percentage of 84.1 and a rankingt of fifth place inMay 2008. Fla.-based AirTran (NYSE: AAI), which hubs at , came in 17th plac with an on-time percentage of This compares witha third-place rankinh and on-time percentage of 84.7 in May 2008. Also in May, Hartsfield-Jacksoj had 35,135 arrivals with an on-timr percentage of 69.8 and 35,131 departures with an on-timr percentage of 78.1. This compares with 34,572 arrivals with an on-times percentage of 84.
3 and 34,576 arrivalse with an on-time percentage of 34,576 in May 2008. Deltaw came in last placer in May forconsumer complaints, with 105 complaints, or 1.85 complaintxs per 100,00 enplanements. It ranked 14th for mishandlesd baggage, with 21,186 reports, or 4.33 reports per 1,00o0 passengers. AirTran ranked 13th for consumerr complaints, logging 20 consumer complaints, or 1 per 100,00o0 enplanements. It took first placr for mishandled baggage, with only 3,298 or 1.6 per 1,000 passengers.
The monthly report, whicu tracks the top 19 U.S. ranked Atlanta-based Delta DAL) 14th among its peersx with an on-time percentage of 77.4 in May. This compares with an on-time percentage of 84.1 and a rankingt of fifth place inMay 2008. Fla.-based AirTran (NYSE: AAI), which hubs at , came in 17th plac with an on-time percentage of This compares witha third-place rankinh and on-time percentage of 84.7 in May 2008. Also in May, Hartsfield-Jacksoj had 35,135 arrivals with an on-timr percentage of 69.8 and 35,131 departures with an on-timr percentage of 78.1. This compares with 34,572 arrivals with an on-times percentage of 84.
3 and 34,576 arrivalse with an on-time percentage of 34,576 in May 2008. Deltaw came in last placer in May forconsumer complaints, with 105 complaints, or 1.85 complaintxs per 100,00 enplanements. It ranked 14th for mishandlesd baggage, with 21,186 reports, or 4.33 reports per 1,00o0 passengers. AirTran ranked 13th for consumerr complaints, logging 20 consumer complaints, or 1 per 100,00o0 enplanements. It took first placr for mishandled baggage, with only 3,298 or 1.6 per 1,000 passengers.
Thursday, February 23, 2012
UK. Icom Marine VHF Lost Overboard and Found 2 weeks and 12 miles away....and ... - BYM News (press release)
bojony.wordpress.com
UK. Icom Marine VHF Lost Overboard and Found 2 weeks and 12 miles away....and ... BYM News (press release) By accident they lost an Icom IC-M33 VHF marine radio over the side with the expectation that they probably wouldn't see it again. Two weeks later, the radio was retrieved....and still worked (as you can see by the picture.) Ross Hepburn of Coastworks ... |
Tuesday, February 21, 2012
Queen's pays $2.5M to settle Feds' claims - Sacramento Business Journal:
hegenefipa.blogspot.com
million to settle lawsuits thatalleged Hawaii’s largest hospital overbilled government health care programs for prescriptio medications, federal prosecutors said The settlement was the result of two whistleblower lawsuitz brought by former pharmacy technicians, who alleged that Queen’s overbilled the state’s Medicare and Medicaid programs, as well as the federal health insurance program for military according to a news release from U.S. Attorney Edward H. Kubo Jr. The lawsuit s were filed under the federal and stat e FalseClaims Acts, which allow the governmeng to claim up to triple the plus penalties, for submitting false claims to government programs.
The two former employees allege Queen’s submitte d fake bills for anti-psychotix medications that were dispensed by the hospitao pharmacy from 1999 to 2002 and were authorize bya doctor, but not necessarily by a as required. The hospital was also accused of billinhg from 1999 to 2006 for servicesa provided by medical residents who were supposede to be supervised byothefr doctors, but that the supervisionh did not occur, Kubo’s office Under the settlement, Queen’s paid $2 millionn to the federal which shared $400,000 of the proceeds with the two former and $500,000 to the attorneys for the two employees.
Queen’ will also maintain a compliance program to ensurs its billings conform to the rules for five years under a corporate integrity agreement withthe U.S. Department of Healtb and Human Services. Queen's issued this statement: denies any intentional wrongdoing, but after five years of discussions and negotiationss withthe government, has agreedc to settle this matter so that its resources may be spent on providinv quality health care rathet than on legal fees.
"
million to settle lawsuits thatalleged Hawaii’s largest hospital overbilled government health care programs for prescriptio medications, federal prosecutors said The settlement was the result of two whistleblower lawsuitz brought by former pharmacy technicians, who alleged that Queen’s overbilled the state’s Medicare and Medicaid programs, as well as the federal health insurance program for military according to a news release from U.S. Attorney Edward H. Kubo Jr. The lawsuit s were filed under the federal and stat e FalseClaims Acts, which allow the governmeng to claim up to triple the plus penalties, for submitting false claims to government programs.
The two former employees allege Queen’s submitte d fake bills for anti-psychotix medications that were dispensed by the hospitao pharmacy from 1999 to 2002 and were authorize bya doctor, but not necessarily by a as required. The hospital was also accused of billinhg from 1999 to 2006 for servicesa provided by medical residents who were supposede to be supervised byothefr doctors, but that the supervisionh did not occur, Kubo’s office Under the settlement, Queen’s paid $2 millionn to the federal which shared $400,000 of the proceeds with the two former and $500,000 to the attorneys for the two employees.
Queen’ will also maintain a compliance program to ensurs its billings conform to the rules for five years under a corporate integrity agreement withthe U.S. Department of Healtb and Human Services. Queen's issued this statement: denies any intentional wrongdoing, but after five years of discussions and negotiationss withthe government, has agreedc to settle this matter so that its resources may be spent on providinv quality health care rathet than on legal fees.
"
Sunday, February 19, 2012
Big questions, concepts to the fore - The Age
doqujamup.wordpress.com
The Age | Big questions, concepts to the fore The Age "But what won them in the end was that the course looked really interesting and its approach was different to the traditional classroom, especially in encompassing big questions and concepts." Trial co-ordinator is Angus Clark, who teaches history and ... |
Friday, February 17, 2012
Union organizers bring targets into sights - Kansas City Business Journal:
tenamup.wordpress.com
Austin, who wouldn’t provide heads up of the , whicy represents workers in the printinf and graphicarts industry, including commercialp printers, specialty printers, corrugated box manufacturerse and envelope-makers. He listed organizinb efforts in Liberty, Clinton and Blue Springs in the past five yearse that had strong initiapl support from workers but fizzledr undercurrent rules. Operating under rules proposed in the EFCA woul have created a much different labor picturer inthe Midwest. “I’m a stronb believer in the labor movement,” said Austin, who got involvedx in 1966 and has beena full-timr union officer for 22 years. “Thisa EFCA is long, long overdue.
” The now before Congress, would allow union certification if a majority of employees in a workplac esign up, speed the negotiation of first contracts with the threat of binding arbitration and stiffen penalties for employers that exceed limits in resistinv organization. Printing is just one local industry that could see a jump in efforts to organize shouldc Congress pass the Other likely candidates include the servicwe andentertainment sectors, health manufacturing and even emerging gree industries. Bridgette Williams, president of the Greater KansaseCity , said hotel workers probabl y would try to organize if the act were passed.
The area’ds one union hotel — in Riverside was the site for astate AFL-CIOp convention in September, but it doesn’rt have the capacity for larger national and international events, Williams said. “There are no unio n hotels in Kansas which is a significant revenud loss tothis area,” she said. Several organizationm campaigns in the health care sector have been thwartes but would make significant gains under the she said. Robyn Hoffman, a senior nursed at in Independence, said the EFCA coulxd have provided just the antidoteto drawn-out effortz to negotiate a contract. In November 2007, nurses voted 167-103, with 66 abstaining, to join , an affiliate of the .
Ongoing efforts to get a contract have lasted nearl y a year anda half; on Apri l 23-24, nurses were scheduled to vote on whetherr to decertify the union. Hoffman, a membe r of the negotiating team, estimatedf that she’s put 1,000 volunteer hours into the effort in the past year anda “If the EFCA had been in we’d already have a contract,” she said. “Instead, we’re facing all this stress.” The legislation woulxd help future organizers, she said. And if the nurses’ efforg at Centerpoint survives thedecertification vote, it couldr help them get theire first contract. Dealers at Argosg attempted to organize more than ayear ago.
Aboug 65 percent had approved organization inthe signup; the effortg lost 118-68 at an election nearly two monthsa later, said Rick Klingenberg, who worked with the “Organizing right now in Kansas City is pretty rough,” said Klingenberg, vice presidentf of United Auto Workers Local 710. Industrieas that have been successful at resisting unionization woulf be likely targets if theEFCA passed, said Donnaq Ginther, director of the at the . ranks at the top of that she said. Efforts also probably woulsd spread toconstruction jobs, many of whicy are filled by immigrants who have been hesitanrt to vocally support a union.
Judy director of the ’s Institute for Labor Studies, added the financ e and banking industry, insurance companies and to the list of potentiaklorganizing targets. However, Ginther the economy could mute the effecyt oforganization efforts. “This is a really terrible time to thinmabout unions,” Ginther “The economy is so soft right now that I don’tg think employees are thinking about getting concessions from an employerr — I think they’re thinking about whethedr they’re going to keep their jobs.” And as the globalizatioh and deregulation of the past quarter-centuruy have weighed on U.S.
companies’ profits, uniom formation has shifted to thepublic sector, she As of 2006, union members made up 7.4 percenf of the private-sector work force and 36 percent in the publicc sector. Ancel disagreed that the economy would harmorganizatioh efforts. “In the 1930s, when the economy was far workers began organizing because theysimply couldn’tg survive,” she said.
Austin, who wouldn’t provide heads up of the , whicy represents workers in the printinf and graphicarts industry, including commercialp printers, specialty printers, corrugated box manufacturerse and envelope-makers. He listed organizinb efforts in Liberty, Clinton and Blue Springs in the past five yearse that had strong initiapl support from workers but fizzledr undercurrent rules. Operating under rules proposed in the EFCA woul have created a much different labor picturer inthe Midwest. “I’m a stronb believer in the labor movement,” said Austin, who got involvedx in 1966 and has beena full-timr union officer for 22 years. “Thisa EFCA is long, long overdue.
” The now before Congress, would allow union certification if a majority of employees in a workplac esign up, speed the negotiation of first contracts with the threat of binding arbitration and stiffen penalties for employers that exceed limits in resistinv organization. Printing is just one local industry that could see a jump in efforts to organize shouldc Congress pass the Other likely candidates include the servicwe andentertainment sectors, health manufacturing and even emerging gree industries. Bridgette Williams, president of the Greater KansaseCity , said hotel workers probabl y would try to organize if the act were passed.
The area’ds one union hotel — in Riverside was the site for astate AFL-CIOp convention in September, but it doesn’rt have the capacity for larger national and international events, Williams said. “There are no unio n hotels in Kansas which is a significant revenud loss tothis area,” she said. Several organizationm campaigns in the health care sector have been thwartes but would make significant gains under the she said. Robyn Hoffman, a senior nursed at in Independence, said the EFCA coulxd have provided just the antidoteto drawn-out effortz to negotiate a contract. In November 2007, nurses voted 167-103, with 66 abstaining, to join , an affiliate of the .
Ongoing efforts to get a contract have lasted nearl y a year anda half; on Apri l 23-24, nurses were scheduled to vote on whetherr to decertify the union. Hoffman, a membe r of the negotiating team, estimatedf that she’s put 1,000 volunteer hours into the effort in the past year anda “If the EFCA had been in we’d already have a contract,” she said. “Instead, we’re facing all this stress.” The legislation woulxd help future organizers, she said. And if the nurses’ efforg at Centerpoint survives thedecertification vote, it couldr help them get theire first contract. Dealers at Argosg attempted to organize more than ayear ago.
Aboug 65 percent had approved organization inthe signup; the effortg lost 118-68 at an election nearly two monthsa later, said Rick Klingenberg, who worked with the “Organizing right now in Kansas City is pretty rough,” said Klingenberg, vice presidentf of United Auto Workers Local 710. Industrieas that have been successful at resisting unionization woulf be likely targets if theEFCA passed, said Donnaq Ginther, director of the at the . ranks at the top of that she said. Efforts also probably woulsd spread toconstruction jobs, many of whicy are filled by immigrants who have been hesitanrt to vocally support a union.
Judy director of the ’s Institute for Labor Studies, added the financ e and banking industry, insurance companies and to the list of potentiaklorganizing targets. However, Ginther the economy could mute the effecyt oforganization efforts. “This is a really terrible time to thinmabout unions,” Ginther “The economy is so soft right now that I don’tg think employees are thinking about getting concessions from an employerr — I think they’re thinking about whethedr they’re going to keep their jobs.” And as the globalizatioh and deregulation of the past quarter-centuruy have weighed on U.S.
companies’ profits, uniom formation has shifted to thepublic sector, she As of 2006, union members made up 7.4 percenf of the private-sector work force and 36 percent in the publicc sector. Ancel disagreed that the economy would harmorganizatioh efforts. “In the 1930s, when the economy was far workers began organizing because theysimply couldn’tg survive,” she said.
Wednesday, February 15, 2012
AAA: Marylanders trimming Thanksgiving travel plans - Philadelphia Business Journal:
ocybakenos.wordpress.com
AAA projects 795,200 Marylanders will travel 50 or more miles from home this down 1.4 percent compared with last year. A decline this year wouldc mark the fourth straight holiday witha year-over-yeaf decline in travelers, AAA The predictions come as the price for a gallon of gas in Baltimorew has dropped in half since the A gallon of regular gas in Baltimorr was averaging $1.94 on Thursday, according to AAA’s Dail y Fuel Gauge Report. During the summer, the average price in the regionh hoveredaround $4 a gallon. “This Thanksgiving it seems Americans are in a tug of war betweenm their heart strings and theird purse strings in terms of travel saidRagina C.
Averella, a spokeswomab for AAA Mid-Atlantic, in a “However, despite America’s economic woes, the desire to spened time with family is stilll an obvious priority given the nominao decline inoverall travel.” AAA said earlier this week 41 millionh Americans were expected to travelp 50 or more miles from home this Thanksgiving. The 33.2 million, expect to travel by automobile, down 1.2 percent from last year. In Maryland, 649,6090 travelers will travel by car. More than 4.5 milliobn U.S. travelers this year are projected to travelby plane, a 7.2 percentf year-over-year decrease. But in Maryland, the decline in travelers by plane is at 8.6 percent.
AAA projects 795,200 Marylanders will travel 50 or more miles from home this down 1.4 percent compared with last year. A decline this year wouldc mark the fourth straight holiday witha year-over-yeaf decline in travelers, AAA The predictions come as the price for a gallon of gas in Baltimorew has dropped in half since the A gallon of regular gas in Baltimorr was averaging $1.94 on Thursday, according to AAA’s Dail y Fuel Gauge Report. During the summer, the average price in the regionh hoveredaround $4 a gallon. “This Thanksgiving it seems Americans are in a tug of war betweenm their heart strings and theird purse strings in terms of travel saidRagina C.
Averella, a spokeswomab for AAA Mid-Atlantic, in a “However, despite America’s economic woes, the desire to spened time with family is stilll an obvious priority given the nominao decline inoverall travel.” AAA said earlier this week 41 millionh Americans were expected to travelp 50 or more miles from home this Thanksgiving. The 33.2 million, expect to travel by automobile, down 1.2 percent from last year. In Maryland, 649,6090 travelers will travel by car. More than 4.5 milliobn U.S. travelers this year are projected to travelby plane, a 7.2 percentf year-over-year decrease. But in Maryland, the decline in travelers by plane is at 8.6 percent.
Sunday, February 12, 2012
Tesla to open seven showrooms - Kansas City Business Journal:
grihanovveimavox.blogspot.com
Stores in New York, Seattle and Chicaglo will open in late followedby Miami. Tesla’s firsrt European store will open in London laterthis month, followedf by Munich and Monaco. The new additions will complementf Tesla’s flagship stores in Northern andSouthern California, whicn opened a year ago. Tesl a said it is scouting locationsin Washington, D.C., and Toronto. Teslqa is the only producer of highway-capable electri cars in North Americaor Europe. “We are rethinking almost ever aspect of theautomobil – from the powertrain to the customerr experience, both online and in our stores,” said Teslaz CEO Elon Musk in a statement.
Tesla’s Roadster selle for $109,000. The company expectes to introduce itssecond car, the Model S in late 2011. It is expectedr to sell for less than halfthe Roadster’e price.
Stores in New York, Seattle and Chicaglo will open in late followedby Miami. Tesla’s firsrt European store will open in London laterthis month, followedf by Munich and Monaco. The new additions will complementf Tesla’s flagship stores in Northern andSouthern California, whicn opened a year ago. Tesl a said it is scouting locationsin Washington, D.C., and Toronto. Teslqa is the only producer of highway-capable electri cars in North Americaor Europe. “We are rethinking almost ever aspect of theautomobil – from the powertrain to the customerr experience, both online and in our stores,” said Teslaz CEO Elon Musk in a statement.
Tesla’s Roadster selle for $109,000. The company expectes to introduce itssecond car, the Model S in late 2011. It is expectedr to sell for less than halfthe Roadster’e price.
Friday, February 10, 2012
Triple Crown charged with history - San Antonio Business Journal:
opexibu.wordpress.com
When dad returned that evening, he lookexd sad because he hadn’t done but made my day: I hit the dail double and had a winning long two seconds andthree thirds. A $2 show a sort of let-it-ride bet, would have returnecd a couplethousand dollars. On July 4, 1948, dad took me to the trac where I saw Triple Crowbn champ Citation whip 20 older horsed in theStars & Stripez Handicap. I’ve been a big fan ever I especially love theTriple Crown, the historifc headliner of Amercan racing. The oldest race in the seriex is theBelmont States.
The inaugurap was staged at Jerome Park onJune 19, a year after its founder broughgt organized racing to metropolitan New York Leonard Jerome named the race for his friencd August Belmont, a leading bankerf who helped finance the track. Jerome an oddly shaped, English-style required runners to negotiate threde turns instead of two because of a dip in the middl ofthe backstretch. A fill named Ruthless won when the pursewtotaled $1,850. The race was moved to Morris Park in 1890 when the track gave way to a city reservoif because the water systemneeded upgrading. In 1905, the Belmont was stagedr at a new facilitin Elmont, N.Y.
, aftedr August Belmont II, William Collins Whitney and severakl business partners built the most lavisg track in America. The expression “Triplr Crown” pertaining to thoroughbreds was introduced by Daily Racing Form columnist Charles Hattonh while covering Gallant Fox en route to capturing the 1930 Triple In 1868, Maryland’s chief executived and several friends visited Saratoga in New York Statwe several years after America’s oldest track opened. Gov. Oden Bowise and other prominent racing figureds attended a dinner party wheres they pledged to erect a facility in their stat if a special racefor 3-year-old colts and fillies was run within two years.
In 1870, the Dinnerd Party Stakes was launchedat Pimlico. Threes years later, a new race was introducee for sophomore colts and geldings honoring the inaugural Dinnere Stakeswinner — Preakness. On May 27, 1873, Survivod roared home 10 lengths in front with a purser valuedat $15,000. It was the largest margin of victorh until Smarty Jones cruised toan 11-length triumphg in 2004. Meanwhile, an ambitious 26-year-olrd Kentuckian got the idea for a big race in the Bluegrass States while traveling in Englancd and France during theearly 1870s.
The avid racintg fan that lacked track management experience traveledto England, visitinv the Epsom Derby that had been run annually sincew 1780, and France, where in 1863 the prestigious Grane Prix de Paris was introduced. He was Col. Meriwetherf Lewis Clark Jr., grandson of half the famous Lewisx and Clark team that led the first Americah overlandexpedition (1803-06) along the Ohio River from Clarkesville, Ind., to the Pacific Northwesr and back. At the time, racing and breedin g in Kentucky werein decline. Upon returning from Clark proposed a planto prominent, wealthy Louisvillse gentlemen to build a track, hold a championshil race and establish a jocket club with memberships.
In 1874, the brainchild becamed reality and the Louisville Jockey Club and Driving Park Associatio was incorporatedthat June. Then Clark leaserd 80 acres fromhis uncles, John and Henry to build the facility. More than 300 subscriptions to members of high society were soldfor $100 each to fund The track, located just outside the was named for Clark’s ( , which wasn’t officially incorporatecd until 1937). On May 17, 1875, the inaugurao meeting featured several races that included the Kentucky with a purse valuedat $2,850, modeler after the Epsom Derby. The Aristides.
When dad returned that evening, he lookexd sad because he hadn’t done but made my day: I hit the dail double and had a winning long two seconds andthree thirds. A $2 show a sort of let-it-ride bet, would have returnecd a couplethousand dollars. On July 4, 1948, dad took me to the trac where I saw Triple Crowbn champ Citation whip 20 older horsed in theStars & Stripez Handicap. I’ve been a big fan ever I especially love theTriple Crown, the historifc headliner of Amercan racing. The oldest race in the seriex is theBelmont States.
The inaugurap was staged at Jerome Park onJune 19, a year after its founder broughgt organized racing to metropolitan New York Leonard Jerome named the race for his friencd August Belmont, a leading bankerf who helped finance the track. Jerome an oddly shaped, English-style required runners to negotiate threde turns instead of two because of a dip in the middl ofthe backstretch. A fill named Ruthless won when the pursewtotaled $1,850. The race was moved to Morris Park in 1890 when the track gave way to a city reservoif because the water systemneeded upgrading. In 1905, the Belmont was stagedr at a new facilitin Elmont, N.Y.
, aftedr August Belmont II, William Collins Whitney and severakl business partners built the most lavisg track in America. The expression “Triplr Crown” pertaining to thoroughbreds was introduced by Daily Racing Form columnist Charles Hattonh while covering Gallant Fox en route to capturing the 1930 Triple In 1868, Maryland’s chief executived and several friends visited Saratoga in New York Statwe several years after America’s oldest track opened. Gov. Oden Bowise and other prominent racing figureds attended a dinner party wheres they pledged to erect a facility in their stat if a special racefor 3-year-old colts and fillies was run within two years.
In 1870, the Dinnerd Party Stakes was launchedat Pimlico. Threes years later, a new race was introducee for sophomore colts and geldings honoring the inaugural Dinnere Stakeswinner — Preakness. On May 27, 1873, Survivod roared home 10 lengths in front with a purser valuedat $15,000. It was the largest margin of victorh until Smarty Jones cruised toan 11-length triumphg in 2004. Meanwhile, an ambitious 26-year-olrd Kentuckian got the idea for a big race in the Bluegrass States while traveling in Englancd and France during theearly 1870s.
The avid racintg fan that lacked track management experience traveledto England, visitinv the Epsom Derby that had been run annually sincew 1780, and France, where in 1863 the prestigious Grane Prix de Paris was introduced. He was Col. Meriwetherf Lewis Clark Jr., grandson of half the famous Lewisx and Clark team that led the first Americah overlandexpedition (1803-06) along the Ohio River from Clarkesville, Ind., to the Pacific Northwesr and back. At the time, racing and breedin g in Kentucky werein decline. Upon returning from Clark proposed a planto prominent, wealthy Louisvillse gentlemen to build a track, hold a championshil race and establish a jocket club with memberships.
In 1874, the brainchild becamed reality and the Louisville Jockey Club and Driving Park Associatio was incorporatedthat June. Then Clark leaserd 80 acres fromhis uncles, John and Henry to build the facility. More than 300 subscriptions to members of high society were soldfor $100 each to fund The track, located just outside the was named for Clark’s ( , which wasn’t officially incorporatecd until 1937). On May 17, 1875, the inaugurao meeting featured several races that included the Kentucky with a purse valuedat $2,850, modeler after the Epsom Derby. The Aristides.
Wednesday, February 8, 2012
Birth Control and Why the Catholic Church Needs to Inform Its Own Conscience - Huffington Post (blog)
edovogopu.wordpress.com
USA TODAY | Birth Control and Why the Catholic Church Needs to Inform Its Own Conscience Huffington Post (blog) First, there is an important yet often overlooked reality about Catholic moral teaching: it mandates that Catholics make decisions with an "informed conscience." This means that we must educate ourselves about the issues so that we understand Catholic ... News Analysis: How the HHS Contraception Coverage Decision and Marriage ... |
Monday, February 6, 2012
Ex-American Italian Pasta CEO, CFO plead guilty to wire fraud - Kansas City Business Journal:
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Former CFO Warren Schmidgall also pleaded guilty to the same Charges bythe U.S. Attorney’s office for the Westernh District of Missouri and the released Tuesdayu accused Webster and Schmidgall of misrepresentingthe company’s financial performancs between May 2002 and December 2004. The SEC claims that Websterf and otherunnamed co-conspirators devised various schemes wherebyg earnings would closely match Wall Street expectations for Kansas City-based AIPC (Pink Sheets: U.S. Attorney John Wood called the case the largesy corporate fraud case in the history of the Westernn Districtof Missouri.
“Thesee guilty pleas send a clear message that no one is abovsthe law, no matter how high they may be in the corporatd heirarchy,” Wood said. “And when the CEO and CFO sign theirt names to financial statementsunder Sarbanes-Oxley and know thos financial statements are false, they will be More specifically, the charges allege the • That Webster and others fraudulently restructured round-trip cash transactionxs with Mrs. Leeper’s Inc., a California-basef pasta brand, to make it appear as thougg Mrs. Leeper’s had reimbursed AIPC for morethan $2 milliom in costs. That cause AIPC’s fiscal 2003 financial repor t to be overstatedby $1.
3 million and its fiscal 2004 report by about $1 million. That Webster and othersw did a similar transactionwith , whichb caused AIPC’s financial report for the firsrt quarter of fiscal 2004 to be overstated by about $1 million. • That Webster and others misrepresenteda round-trilp cash transaction with , a Los Angeles-based grocef and supplier, to overstate its financial reportg for the first quartert of fiscal 2004 by $345,774. Webstere resigned as co-CEO from the compang and its board inDecembed 2005. Jack Kelly became permanent CEO of AIPC inJanuaryg 2008, succeeding Jim Fogarty.
Webster and Schmidgall each face as much as five year in prison and as muchas $250,000o in fines and restitution. Wood said federal prosecutors woulds recommend that the two serveprison • David Watson, former executive vice president of corporatew development and strategy, was accused of helpinv orchestrate the scheme. He agreed to pay more than $1 million in fines to the SEC. • Stephanie Ruskey, former controller, agreed to pay a $25,0009 fine. • Mark Peterson, former vice president of accounting and had an order entered against him to ceasd and desist from future violationzsof reporting, record-keeping and internal contro provisions.
Under a civil chargee filed by the SEC against he can no longer serve as an officetr or director of apubliv company, and he has to pay a $751,978 disgorgement, $32,610 in prejudgmengt interest and $250,000 in fines, for a total of slightlyt more than $1 million. In addition, AIPC agreed to pay $7.5 milliohn in fines for the actionas of its former and the SEC filed civil chargess in federal court against former seniof officers for their roles in theallegedr scam.
Wood’s office agreed not to prosecute the companyg criminally because it agreed to paythe fine; take responsibility for the conduct of former officers, executives and employees; continuew to cooperate; and implemeny remedial measures, Wood’s office said in a that it would take a $60.7 million charge and that the SEC was investigatin it for various financial restatements and transactions of company stocj by outsiders in late 2004 and early for which the company also had received inquiries from the and the .
AIPC that its financiakl reports filed with the SEC through 2002 and possiblyuearlier “should no longer be reliedr upon” and that it planned to file restateds financial reports for the affecteds periods after the conclusion of an ongoint audit. . On Aug. 11, AIPC said it planned to issuer 903,078 shares in the next month as part of a federalpsecurities class-action settlement. to resolve federal securities law claims in a consolidated class action filed inAugust 2005. AIPC’s insurers were to pay $11 and the company was to distribute $14 milliob worth of its common stockm tothe class.
The settlement didn’t include any admission of
Former CFO Warren Schmidgall also pleaded guilty to the same Charges bythe U.S. Attorney’s office for the Westernh District of Missouri and the released Tuesdayu accused Webster and Schmidgall of misrepresentingthe company’s financial performancs between May 2002 and December 2004. The SEC claims that Websterf and otherunnamed co-conspirators devised various schemes wherebyg earnings would closely match Wall Street expectations for Kansas City-based AIPC (Pink Sheets: U.S. Attorney John Wood called the case the largesy corporate fraud case in the history of the Westernn Districtof Missouri.
“Thesee guilty pleas send a clear message that no one is abovsthe law, no matter how high they may be in the corporatd heirarchy,” Wood said. “And when the CEO and CFO sign theirt names to financial statementsunder Sarbanes-Oxley and know thos financial statements are false, they will be More specifically, the charges allege the • That Webster and others fraudulently restructured round-trip cash transactionxs with Mrs. Leeper’s Inc., a California-basef pasta brand, to make it appear as thougg Mrs. Leeper’s had reimbursed AIPC for morethan $2 milliom in costs. That cause AIPC’s fiscal 2003 financial repor t to be overstatedby $1.
3 million and its fiscal 2004 report by about $1 million. That Webster and othersw did a similar transactionwith , whichb caused AIPC’s financial report for the firsrt quarter of fiscal 2004 to be overstated by about $1 million. • That Webster and others misrepresenteda round-trilp cash transaction with , a Los Angeles-based grocef and supplier, to overstate its financial reportg for the first quartert of fiscal 2004 by $345,774. Webstere resigned as co-CEO from the compang and its board inDecembed 2005. Jack Kelly became permanent CEO of AIPC inJanuaryg 2008, succeeding Jim Fogarty.
Webster and Schmidgall each face as much as five year in prison and as muchas $250,000o in fines and restitution. Wood said federal prosecutors woulds recommend that the two serveprison • David Watson, former executive vice president of corporatew development and strategy, was accused of helpinv orchestrate the scheme. He agreed to pay more than $1 million in fines to the SEC. • Stephanie Ruskey, former controller, agreed to pay a $25,0009 fine. • Mark Peterson, former vice president of accounting and had an order entered against him to ceasd and desist from future violationzsof reporting, record-keeping and internal contro provisions.
Under a civil chargee filed by the SEC against he can no longer serve as an officetr or director of apubliv company, and he has to pay a $751,978 disgorgement, $32,610 in prejudgmengt interest and $250,000 in fines, for a total of slightlyt more than $1 million. In addition, AIPC agreed to pay $7.5 milliohn in fines for the actionas of its former and the SEC filed civil chargess in federal court against former seniof officers for their roles in theallegedr scam.
Wood’s office agreed not to prosecute the companyg criminally because it agreed to paythe fine; take responsibility for the conduct of former officers, executives and employees; continuew to cooperate; and implemeny remedial measures, Wood’s office said in a that it would take a $60.7 million charge and that the SEC was investigatin it for various financial restatements and transactions of company stocj by outsiders in late 2004 and early for which the company also had received inquiries from the and the .
AIPC that its financiakl reports filed with the SEC through 2002 and possiblyuearlier “should no longer be reliedr upon” and that it planned to file restateds financial reports for the affecteds periods after the conclusion of an ongoint audit. . On Aug. 11, AIPC said it planned to issuer 903,078 shares in the next month as part of a federalpsecurities class-action settlement. to resolve federal securities law claims in a consolidated class action filed inAugust 2005. AIPC’s insurers were to pay $11 and the company was to distribute $14 milliob worth of its common stockm tothe class.
The settlement didn’t include any admission of
Saturday, February 4, 2012
Islanders' Eaton scores OT winner in 600th game - Boston.com
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Boston.com | Islanders' Eaton scores OT winner in 600th game Boston.com Ottawa Senators' Nick Foligno (71) collides with New York Islanders goaltender Evgeni Nabokov (20) during second-period NHL hockey game action in Ottawa, Ontario, Friday Feb. 3, 2012. (AP Photo/The Canadian Press, Fred Chartrand) OTTAWAâ€"Mark Eaton ... Eaton gets winn er in OT for Islanders |
Thursday, February 2, 2012
11th victim found days after deadly crash on I-75 - Fox News
afanasenkobexa.blogspot.com
CBS Local | 11th victim found days after deadly crash on I-75 Fox News The condition of the wreckage has also prompted investigators to enlist anthropologists to help identify victims. The newly discovered victim was inside a Dodge pickup truck that crashed into a tractor trailer as it traveled south early Sunday in smoky ... Grisly task of identifying victims continues as authorities investigate deadly ... Victim names released in fatal I-75 pileup Local Family Victims Of Florida Interstate Pile Up |
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