Sunday, October 21, 2012

F.N.B. appoints Campbell as chairman - Birmingham Business Journal:

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Campbell formerly served as F.N.B.’s (NYSE:FNB) lead director and servexs on several committees. He has been a director sinc e 1975. “Bill is one of our longest serving and mostdedicateds directors,” Gurgovits said in a F.N.B. previously said it wouldf appoint a new chairmamn to enable Gurgovits to focus on his corporater responsibilities and to conformto F.N.B.’s corporate Gurgovits, who has worked at for 48 years, had taken the chairman role in Apriol 2008 when Robert New was namer CEO and president after a nearly two-yearf search. New resigned 10 months later and Gurgovitx stepped back in on an interimbasisa initially. He accepted the post fulltime onJune 2. F.
N.B. is based in Hermitage, north of and had assets of $8.5 billion as of March 31.

Saturday, October 20, 2012

Passion for classics fuels real estate attorney - Orlando Business Journal:

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It didn’t have a windshield. Its bumperd came from another car. It often needed a jump-starft to crank. Some might have callex it a pieceof junk. Not He had been into cars since he was ayounhg boy, having been influenced by his grandfather’ds own passion for automobiles. He kept the Chevyy in his back yard, where he tinkerecd on it with hisyounger brother, “It was rough, to say the said Charles, a cardiologist at . “But, he could alwaysz get it running.” Now in his mid 50s, Granyt Wilmer is a successful commerciak real estate attorney with Arnall GoldenGregoruy LLP. The ’31 Chevy is long gone, but his passion for classic cars is stillrunning strong.
Wilmer is membershipp chairmanof ’s New Souty Region, including Georgia and South Carolina. Its membership, whichg is approaching 60 people, collects and preservezs the world’s greatest automobiless made between 1925and 1948. a classic was high-priced when new and was builtg inlimited quantities. Some cars, such as the can cost more than half amillionn dollars. Inc. founder Truett Cathy is known to sharee a passion for classicv cars and hasa Rolls-Royce in his Wilmer has a 1952 Mercedes that he has ownec since he was 17. “You appreciats their elegance andtheir engineering,” Wilmer said.
“As you get you can’t enjoy all the hobbies you once did, like Your ability to play them the way you alwaysx didgoes away, but it’s not like that with classidc cars. You can go on lovingy them and enjoying the hobby as much as you did when you were Wilmer is one of the first members to help form the locak classic car club sixyearws ago. “He is a true car lover,” said Harrg Jenkins, a founder of the Classic Car Clubof America’w New South Region. “And he has a lot of knowledg about them.” Wilmer’s grandfather fueled his passion forclassicf cars.
When they drove around town his grandfather would tell Grant the make and year of everhy carthey passed. “It was a game we played,” Wilmetr said. “He was a retired salesman that simplyloved cars. He knew all the models.” His grandfathe also taught him how to use toolsd and fix things aroundthe house, laying the groundwork for Grant’z ability to tinker with engines at such a young age. Afterf the ’31 Chevy, Wilmer bought a World War II Army Jeep that he rumble d throughthe woods. “He knockeed down a lot of [small] treee in that jeep,” his brothet Charles said.
Then Wilmer bought the Mercedes, the same type that Judy Garlansd used todrive — the kind of car that can make a 17-year-oldf popular with the girls. “Hwe wanted to take it to prom,” Charlee said. Now, Grant is passing on the love of cars to otherse inhis family. His brother Charles, a car buff himself, wantsd to become involved in the local chapter of the classi ccar club. Its memberws gather for events to talk about thei automobiles and showthem off. When his 12-year-olxd daughter joined Wilmer at thelast one, it markexd the first time she’d ever seen wide whitewallo tires. “She was stunnedx by some of the carsshe saw,” Wilmefr said.
“If anyone seems to have the Ithink it’s her.”

Thursday, October 18, 2012

Weighing the Factors in the Gupta Sentencing - New York Times

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New York Times


Weighing the Factors in the Gupta Sentencing

New York Times


The memos submitted by the government and defense lawyers for the former Goldman Sachs director Rajat K. Gupta present sharply contrasting positions regarding how the court should punish the highest corporate executive caught in the crackdown on ...


What Judge Rakoff Wi ll Consider Upon Sentencing Rajat Gupta

Forbes



 »

Wednesday, October 17, 2012

Ruling on Coyotes move could come Wednesday - Houston Business Journal:

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U.S. Bankruptcy Court Judge Redfield Baum struggled to stay on taskat Tuesday’s hearing as attorneys representing Coyotes owner Jerry Moyes, the city of Glendale, the and othed professional sports leagues delivered hours of oral argumentx over bankruptcy code, anti-trust law, relocation and othefr legal issues. Baum and the myriad of attorneys delvefd into obscure bankruptcy provisions and past relocationzs by teams including the Oakland SanDiego Clippers, Quebec Nordiques and Baltimore Colts.
Baum focusexd on whether Balsillie will have to pay the NHL a relocation fee on top ofhis $213 milliom offer to buy the financially strappedr Coyotes from Phoenix trucking company owne Jerry Moyes. The relocation fee coulde total as muchas $100 million, court documents Baum appears ready to rule that the NHL has the rightsa to the Hamilton market and if the Coyotez are moved there, Balsillie will have to compensate the league for loss of an expansiobn opportunity. The city of Glendalwe pressed Baum to consider legal claims and cost that would accompany a moveto Canada.
That could offseg an offer as lowas $140 million by partieas wanting to keep the team in Arizona, city representatives Glendale officials said they would make a claimm for as much as $500 million if the team breaksd its lease at the city-owned Jobing.com Arena concessionaire Aramark Corp. also could make a claim. Moyew and Balsillie’s attorneys argued that a lease claij is subject to various monetary caps and that the court can dischargre lease terms and penalties in order to maximizesthe team’s value for creditors. Moyes said a decisiom could come Wednesday and has urged the coury to hold an auction sale for the hockeyt team onJune 22.
The NHL and Glendals say the sale should be put off untilo August and the league said it will financde the Coyotes into next seaso n ifneed be. Glendale attorneys also pressex Baum to find out how much monegy Moyes may have take out ofthe team. They poinr to the fact the Coyotes spend moneuy leasing private office spacwe at Westgate City Center insteadd of usingarena offices. Moyes spokesman Stevse Roman saidthe city’s speculation that Moyes is profitingv from that arrangement is false. Moyes and Westgate developer Steve Ellman split joint includingthe Coyotes, in 2006 with Moyed taking over as team owner.
The Coyotesw have lost more than $300 million since moving to Phoenix from Winnipegin 1996.

Tuesday, October 16, 2012

D'Souza to Newsmax: President Obama Has 'Emboldened Our Enemies' - NewsMax.com

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JustPressPlay


D'Souza to Newsmax: President Obama Has 'Emboldened Our Enemies'

NewsMax.com


Dinesh D'Souza, co-director of the film "2016 â€" Obama's America," and author of the new book "Obama's America," told Newsmax TV that President Barack Obama's policies in the Middle East have “emboldened our enemies” and fuel ed anti-American ...


Dinesh D'Souza Attempts to Prey on Tea Party Fears with "Obama's America ...

JustPressPlay


Conservative pundit criticizes Obama

Yale Daily News


The Silly Season Goes Into Overdrive

ThisCantBeHappening!


RenewAmerica -The Gazette: Eastern Iowa Breaking News and Headlines (blog) -Economic Times


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Sunday, October 14, 2012

Kansas City gets its Malt-O-Meal - Kansas City Business Journal:

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The Minneapolis-based company has leasedr 151,200 square feet at 1508 N. Choteaui Trafficway and will begin operationss therein March, said Nathan Anderson, managinhg principal of . The facility will employt about25 workers. a commercial real estate firm baser inKansas City, represented Malt-O-Meal in the site selectiobn process. The cereal compan had considered more than 15 properties on the Kansad and Missouri sides of themetropolitan area, Andersonn said. Mark Long, a senior vice president with , representec the landlord. The space, previousl occupied by , had been listesd for $3.50 a square foot, Andersob said.
Anderson said Ozburn-Hessey Logisticas will handle distribution atthe facility, whichb will be Malt-O-Meal’s fifth distributiom facility. The others are in Utah, Tennessee and “This was totally driven by demand,” Andersonm said of the deal. “Malt-O-Meall makes value cereals, and with people reaching for the lowestt shelf duringthis recession, their sales have been off the

Saturday, October 13, 2012

Transit changes to target overcrowding, convenience - Baltimore Business Journal:

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Starting Aug. 26, the new Penn-Camden Shuttle will begin running every 20 to 30 minutesd during rush hour and every 30 minutes during non-rush hour periods and on weekends. those riders have to change to connecting trains atthe Mt. Royao station. Starting that same day, the MTA will increase the frequenc y of trains at certain times for theMetrol Subway, and make changes to 10 bus The changes coordinate with school schedules, official s said. On weeknights, between 7 p.m. and Metro Subway trains will run every 11 minutes insteadr of every 22 minutes like theydo now. The train will run every 15 minute instead of every 22 minutesson weekends. No.
1 Line -- One inbound afternoonj trip will be startingat No. 5 Line -- Two additionalk early-morning trips from Cedonia to downtown; No. 12 Line -- Only one roundtrip in the mid-afternoon; No. 19 Line -- One additional mornin g trip from Northern Parkwagy toState Center; No. 20 Line -- Selected morning tripzs extended tothe No. 23 Line -- Two expresws trips changed tolocal service; No. 35 Line -- One additionalk trip from White Marsh during the afternoonpeak No. 40 Line -- Selectedr morning trips extended to the Centers for Medicare andMedicaicd Services; No. 64 Line -- Addedr service between Curtis Bay and Waterview and additional serviceon Saturdays; No.
77 Line -- One additional roundtrip added during theafternoon peak.