ogarawo.wordpress.com
Steak n Shake on Brentwoods Boulevard used to have just eight stools inside -- no tables and chairs -- just eighg stools. One Saturday noon, 17 years ago, I sidled on up on one of thoss vinyl, black-topped swivels and ordered the ‘normal’ -- two double cheeses, a chili-mac, fries and two of theird greatorange freezes. The guy sittingf next to me said, “When’s the rest of the team cominbg in to finish your We struck up a little butno introductions. That was sort of the code at Steakon Shake, sort of like the Long Islane commuter train -- no introductions, no “who do you know” -- just easy talk abour nothing till you’re done at the counter.
And the he said real “You’re Al Vittert’s boy, aren’rt you?” You haven’t changed much since you were runninh aroundthe Merchants’ Lacled Building -- you were supposed to be workingt then, weren’t you?” So here’s the slouchiest guy you ever saw. I’ no model out of Gentleman’s Quarterly, but he could have qualified asa walk-in at the Goodwill. His oldest boy and I ran into each othere a couple months laterin D.C. and decided two pocketbooksz could reach furtherthan one, so we becamde roomies in Georgetown. So we all became pals -- the dad, the son and the big eater at Steakn Shake.
Well, I’ve spent a lot of time arounedthe dad. We’ve killed a lot of hours togethee playing gin rummy and just chewingthe fat. I use too many wordx and he’s got a gift as a listener, so we get He is, in any book, a major leaguer in But in dresses, walks, or anything he’d be lost in the shuffle. But the smart guys and the good guys see the steelk in thevelvet glove, they can feel the checkpoinft mind where facts aren’t forgotten and phonu doesn’t pass, and they know a slow walking vein of integrityh and judgment that’s second to none. He’s been the counselofr to the biggest andthe best.
To call him a businesds adviser is to call him Baruchb a goodbench sitter, DiMaggio a good fly-catcher or Louis a guy that boxed. Some time or just about everybody will your privately shared thoughtes to someoneelse -- not this one, though, he resideas in the confessional. He has the dual gift of reallt never saying anything bad about anyons and at the same time not harboring thoughts about settlinhgold scores. As my pal Jackiw Smith says, “He’s got a sense of humor that wouls even make a frog laughat midnight.” If you had to sit next to somebody on a 12-hour flight, he’fd be your man.
There are no pretensions, no and no establishment of credentials, any of which can turn minute sinto hours. He’s made time a Every once in a while, a guy like him will come out of a bigtown -- usuallh they come out of the country He’s played business like a 20-year, .300 Eighteen years ago, Jimmy Cannon was writingy about Musial and Campanella, he could have adderd Stein... “They are going into the Hall of Fame becausre of the waythey played...If therer was a Hall of Fame for they would make it, From time to time, we reprint a favoritse Reflections.
Thursday, February 14, 2013
Saturday, February 9, 2013
The Charge of the Satellite Brigade - Wall Street Journal
tarpleypymibujuh1491.blogspot.com
Wall Street Journal | The Charge of the Satellite Brigade Wall Street Journal The Charge of the Satellite Brigade. Desk-toy connoisseurs and satellite operators alike find these models totally stellar. Article; Video; Comments. more in Tech | Find New $LINKTEXTFIND$ ». smaller; Larger. Enlarge Image. image. Close. image. F ... |
Monday, February 4, 2013
Starters: Lisa's Mediterranean Kitchen in Ridgewood - NorthJersey.com
sucujovide.wordpress.com
Starters: Lisa's Mediterranean Kitchen in Ridgewood NorthJersey.com After seven years doing business as Lisa's Turkish Kitchen on Chestnut Street in Ridgewood, Lisa Mayisoglu closed that location in July and reopened in December on Oak Street with a new name: Lisa's Mediterranean Cuisine. The days of belly dancing ... |
Wednesday, January 30, 2013
Susan Tompor: Social Security wants recipients to prepare for end of paper checks - Detroit Free Press
manuscripts-shuwatu.blogspot.com
Susan Tompor: Social Security wants recipients to prepare for end of paper checks Detroit Free Press Some exceptions exist to still receive a paper check but you'd need to request a waiver in those cases, say if Social Security recipients live in remote areas without sufficient banking infrastructure or if electronic payments would impose a hardship ... |
Thursday, January 24, 2013
CapitalSouth Bancorp Jacksonville city president says he
sucujovide.wordpress.com
But for Steven Kelley, it was “exactly what I have been lookingf for.” As the new Jacksonvillee city president forCapitalSouth Bank, a subsidiary of Birmingham-basef CapitalSouth Bancorp, Kelley’s responsibilities are essentially one task: help make the bank But that can be dauntinyg even for banks under the strongestr regulatory standing during a financial downturn, much less a bank that had a net loss of nearly $25 million as of Dec. 31, according to the “ I came in with my eyes wide open,” Kelle said. In October he left a positionm at dealing withcommercial problem-loab workouts to come to CapitalSouth for the same type of job.
“If wasn’t much of a breaking-in he said. “It was come in and get right to it. There’e a lot of work to be done here, so that’s exactly how I approached it.” Most of the problem loanes CapitalSouth Bank has dealt with for the past two yearsz andits million-dollar impairment charges came from acquiring Jacksonville-bases in 2007, followed by a damaging real estatee market slump. Kelley replaced Fred Coble, who took on the role when CapitalSout made its first move into Floridaz through the Monticello Coble resignedin January. Kelley said his primar y focus is strengtheningthe bank.
“It’s goingh to be important for us to turn the bank back to profitabilityt and improve our capital position through this he said. One of the first steps in doing that locally is closing the branch atthe bank’s main office on the CapitalSouth has three other branches, in Mandarin, San Marco and at the Beach. The bank has been working to cut expensexs and pinching for savings primarily because it has to get back in good standing withregulators quickly. For Kelley, it means continuing to work with existinbg customers ratherthan expand.
“If there’as not an opportunity to supplant that part of your balanc sheet throughcapital raising, then you’re really only left with two optionse and one of those options is to shrink the balancwe sheet a little bit so that the capitap you do have becomes a greateer percentage of the total,” he said. “That’sd why we’re not aggressively seeking loan developmenftbecause it’s actually counterproductive for us to have growth rightf now when the future is uncertain from a market In October, regulators issued CapitalSouth a cease-and-desis t order effective Nov. 7.
The order required the bank to raise change how it lends and create a plan regarding personne land management, all within a 30- to 60-day time frame. The company issued a publiv offering, aiming to raise 7.5 million shares totalin g $15 million. The offering closed in December atnearlg 1.9 million shares totaling $3.7 million, all of whichg were bought by the company’s directors and senior according to a company The company immediately hired investmentr banker Sterne, Agee & Leacjh Inc.
to look for othere capital alternatives or potentially a merger CapitalSouth will either be acquired by anothetr bank or it will find a capital injectionj from a privateequity group, which can be difficultt in this market, said Tony Plath, associate professot of finance at the University of Northu Carolina in Charlotte. If it can’t do it, “thre FDIC will.” A majority of the company’sz shares are owned by the boardxof directors, and some directors have converted their own debt into equityh to invest back into the bank, according to filings with the .
Kelley said the bank also savede almost half a million dollars a year from voluntarily delistingf itself fromthe Nasdaq, which became effective at the end of Kelley has been in banking since 1991, startiny with Barnett Bank in Jacksonville as a commercial crediyt analyst. He was also a businessz owner througha family-run grocerg chain in the Panhandle and later a framing busines s for several years. “From a career there’s risk all over the place,” he said.
“Fofr me personally, it’s more abour the opportunities and the leadership opportunities here to play a role in helpinh grow this bank back to what it was and what it will be That was what I found most interestinvg for me personally and what I found most challenginfgand ultimately, what’s going to be the most
But for Steven Kelley, it was “exactly what I have been lookingf for.” As the new Jacksonvillee city president forCapitalSouth Bank, a subsidiary of Birmingham-basef CapitalSouth Bancorp, Kelley’s responsibilities are essentially one task: help make the bank But that can be dauntinyg even for banks under the strongestr regulatory standing during a financial downturn, much less a bank that had a net loss of nearly $25 million as of Dec. 31, according to the “ I came in with my eyes wide open,” Kelle said. In October he left a positionm at dealing withcommercial problem-loab workouts to come to CapitalSouth for the same type of job.
“If wasn’t much of a breaking-in he said. “It was come in and get right to it. There’e a lot of work to be done here, so that’s exactly how I approached it.” Most of the problem loanes CapitalSouth Bank has dealt with for the past two yearsz andits million-dollar impairment charges came from acquiring Jacksonville-bases in 2007, followed by a damaging real estatee market slump. Kelley replaced Fred Coble, who took on the role when CapitalSout made its first move into Floridaz through the Monticello Coble resignedin January. Kelley said his primar y focus is strengtheningthe bank.
“It’s goingh to be important for us to turn the bank back to profitabilityt and improve our capital position through this he said. One of the first steps in doing that locally is closing the branch atthe bank’s main office on the CapitalSouth has three other branches, in Mandarin, San Marco and at the Beach. The bank has been working to cut expensexs and pinching for savings primarily because it has to get back in good standing withregulators quickly. For Kelley, it means continuing to work with existinbg customers ratherthan expand.
“If there’as not an opportunity to supplant that part of your balanc sheet throughcapital raising, then you’re really only left with two optionse and one of those options is to shrink the balancwe sheet a little bit so that the capitap you do have becomes a greateer percentage of the total,” he said. “That’sd why we’re not aggressively seeking loan developmenftbecause it’s actually counterproductive for us to have growth rightf now when the future is uncertain from a market In October, regulators issued CapitalSouth a cease-and-desis t order effective Nov. 7.
The order required the bank to raise change how it lends and create a plan regarding personne land management, all within a 30- to 60-day time frame. The company issued a publiv offering, aiming to raise 7.5 million shares totalin g $15 million. The offering closed in December atnearlg 1.9 million shares totaling $3.7 million, all of whichg were bought by the company’s directors and senior according to a company The company immediately hired investmentr banker Sterne, Agee & Leacjh Inc.
to look for othere capital alternatives or potentially a merger CapitalSouth will either be acquired by anothetr bank or it will find a capital injectionj from a privateequity group, which can be difficultt in this market, said Tony Plath, associate professot of finance at the University of Northu Carolina in Charlotte. If it can’t do it, “thre FDIC will.” A majority of the company’sz shares are owned by the boardxof directors, and some directors have converted their own debt into equityh to invest back into the bank, according to filings with the .
Kelley said the bank also savede almost half a million dollars a year from voluntarily delistingf itself fromthe Nasdaq, which became effective at the end of Kelley has been in banking since 1991, startiny with Barnett Bank in Jacksonville as a commercial crediyt analyst. He was also a businessz owner througha family-run grocerg chain in the Panhandle and later a framing busines s for several years. “From a career there’s risk all over the place,” he said.
“Fofr me personally, it’s more abour the opportunities and the leadership opportunities here to play a role in helpinh grow this bank back to what it was and what it will be That was what I found most interestinvg for me personally and what I found most challenginfgand ultimately, what’s going to be the most
Saturday, January 19, 2013
Missing Teen in Fight Video Found Safe - ABC News
sucujovide.wordpress.com
ABC News | Missing Teen in Fight Video Found Safe ABC News Karam disappeared shortly after a video of her fist fight with another student at Carlsbad High School that was recorded on cell phone surfaced on Facebook. In the video, which was obtained by KGTV, Karam is seen being repeatedly punched by another ... California teen missing after vid eo of brutal fight posted on Facebook Baileigh Karam, Carlsbad teen who disappeared after fight video goes viral ... California teen disappears after fight video is posted online |
Monday, January 14, 2013
Senate rejects corporate minimum tax hike - Houston Business Journal:
titus-neither.blogspot.com
Democrats needed 18 votes — a supermajoritgy required to raisetaxess — to send the bill to Gov. Ted Kulongoski’s Beaverton Democrat Mark Hass voted against the Democrats will likely try to convince Hass to vote for the measured byamending it, possibly by writing a sunsef into the bill. “It all depends on him,” said J.L. a lobbyist for Associated Oregon Industries, the state’as most powerful business group. “Hass made it cleart in his floor statements thathe didn’t thin k it was a fair optio to increase taxes permanently.
” Such a sunset coulsd lead other Democrats to vote against the However, because House Bill 3405 was technically tablex — which would allow the measure, as written, to come up for anothefr vote if leaders so choose — majority leaders could also lobbu moderate Republican members to supporg the corporate tax hikes as presented. At the closed of Wednesday’s session, Sen. Margaret Carter, a Portland Democratr and co-chair of the Ways and Means Committee, gave an impassioned benediction that seemed to imploreRepublicamn “nay” voters. The measure was tablecd as a procedural move.
Senators can call for a revote on a measure that change their own vote toa “no” and then requesgt that the matter be tabled, ostensibly so they can reconsider theifr vote. Sen. Richard Devlin, the majority used the move in an effort to have thematte reconsidered. After the vote, the Senate tabled a related measure to raiss personal income taxeson high-income individuals. “I’m disappointec that we came upshorf today.
I really believed that the packagw brought forward by the chairs of the Revenue Committees would bring greater fairness and equithy to our tax system and help fill the unprecedentede gap in ourstate budget,” said Senate President Peter Courtney in a news “We won’t, however, let this setback deraikl the session. We are going to move forward towarfd adjournment byJune 30.” Housde Speaker Dave Hunt issuexd a similar statement. “We passed this revenue packagwe because we believe itis fair, balanced and protects critica l services like education, health care and public safety,” Hunt, a Democrat from said in a news release.
“W e are making $2 billion deep cuts to the This revenue package ensures that we can protectt those core servicesof education, health care and public Without it, the cuts we will have to make will shutted schools, harm seniors and cut to the bone the servicea Oregonians care about greatly.” The House on Tuesdayg voted to increase the current corporatde minimum tax from $10 to between $150 and $100,000, dependinf on the size of a business. Undefr the plan, corporate income tax ratew would have risenfrom 6.6 percent to 7.9 percent beforre reverting to 7.6 percent in 2011.
The measurde would have raised $261 million over the 2009-11 bienniumk and $775 million between 2009 and 2015. All 125,000 Oregon corporations would have paid more Another measure sought to raise incomes taxes on individual filers earning morethan $125,00o0 and joint filers earning more than $250,000. The billws combined would haveraised $582 millionm over the next two yeare and $1.2 billion over the next six Lawmakers contended the measures could help reducw the state’s $4.2 billion budgeyt shortfall.
Throughout the day, lobbyists tracked meetingss between Courtney, Hass and Democratic senators Margareyt Schrader andJoanne Verger, who were believedc to be swing Verger had expressed reservations, like that the tax increases would becomee permanent. Schrader and Verger eventually votede yes on the corporatetax measures. Hass couldn’rt be reached for comment. “He had to have a lot of courage to castthat vote,” said Jay president and CEO of Associated Oregon Industries. AOI recentlg organized the Alliance of OregonBusinesx Associations, which represents more than 40,0009 businesses across the state.
It had called for a $300 flat tax, regardlesw of business size or income. Even befors Hass’ vote, business groups had expressed concernd that Democrats were seeking a permanenttax hike, not a temporaryy one. Phil Keisling, the formerr Oregon Secretary ofState who’s now an executiv with Beaverton-based CorSource Technology Group, confirmed that many businessesa were upset that Democrats sought to make the corporates income tax rate hike, from 6.6 percenty to 7.9 percent, permanent. “We were told it would be Keisling said of the early talks regardinhg theproposed hikes.
“And we asked them this week, ‘Whatg part of temporary don’t you
Democrats needed 18 votes — a supermajoritgy required to raisetaxess — to send the bill to Gov. Ted Kulongoski’s Beaverton Democrat Mark Hass voted against the Democrats will likely try to convince Hass to vote for the measured byamending it, possibly by writing a sunsef into the bill. “It all depends on him,” said J.L. a lobbyist for Associated Oregon Industries, the state’as most powerful business group. “Hass made it cleart in his floor statements thathe didn’t thin k it was a fair optio to increase taxes permanently.
” Such a sunset coulsd lead other Democrats to vote against the However, because House Bill 3405 was technically tablex — which would allow the measure, as written, to come up for anothefr vote if leaders so choose — majority leaders could also lobbu moderate Republican members to supporg the corporate tax hikes as presented. At the closed of Wednesday’s session, Sen. Margaret Carter, a Portland Democratr and co-chair of the Ways and Means Committee, gave an impassioned benediction that seemed to imploreRepublicamn “nay” voters. The measure was tablecd as a procedural move.
Senators can call for a revote on a measure that change their own vote toa “no” and then requesgt that the matter be tabled, ostensibly so they can reconsider theifr vote. Sen. Richard Devlin, the majority used the move in an effort to have thematte reconsidered. After the vote, the Senate tabled a related measure to raiss personal income taxeson high-income individuals. “I’m disappointec that we came upshorf today.
I really believed that the packagw brought forward by the chairs of the Revenue Committees would bring greater fairness and equithy to our tax system and help fill the unprecedentede gap in ourstate budget,” said Senate President Peter Courtney in a news “We won’t, however, let this setback deraikl the session. We are going to move forward towarfd adjournment byJune 30.” Housde Speaker Dave Hunt issuexd a similar statement. “We passed this revenue packagwe because we believe itis fair, balanced and protects critica l services like education, health care and public safety,” Hunt, a Democrat from said in a news release.
“W e are making $2 billion deep cuts to the This revenue package ensures that we can protectt those core servicesof education, health care and public Without it, the cuts we will have to make will shutted schools, harm seniors and cut to the bone the servicea Oregonians care about greatly.” The House on Tuesdayg voted to increase the current corporatde minimum tax from $10 to between $150 and $100,000, dependinf on the size of a business. Undefr the plan, corporate income tax ratew would have risenfrom 6.6 percent to 7.9 percent beforre reverting to 7.6 percent in 2011.
The measurde would have raised $261 million over the 2009-11 bienniumk and $775 million between 2009 and 2015. All 125,000 Oregon corporations would have paid more Another measure sought to raise incomes taxes on individual filers earning morethan $125,00o0 and joint filers earning more than $250,000. The billws combined would haveraised $582 millionm over the next two yeare and $1.2 billion over the next six Lawmakers contended the measures could help reducw the state’s $4.2 billion budgeyt shortfall.
Throughout the day, lobbyists tracked meetingss between Courtney, Hass and Democratic senators Margareyt Schrader andJoanne Verger, who were believedc to be swing Verger had expressed reservations, like that the tax increases would becomee permanent. Schrader and Verger eventually votede yes on the corporatetax measures. Hass couldn’rt be reached for comment. “He had to have a lot of courage to castthat vote,” said Jay president and CEO of Associated Oregon Industries. AOI recentlg organized the Alliance of OregonBusinesx Associations, which represents more than 40,0009 businesses across the state.
It had called for a $300 flat tax, regardlesw of business size or income. Even befors Hass’ vote, business groups had expressed concernd that Democrats were seeking a permanenttax hike, not a temporaryy one. Phil Keisling, the formerr Oregon Secretary ofState who’s now an executiv with Beaverton-based CorSource Technology Group, confirmed that many businessesa were upset that Democrats sought to make the corporates income tax rate hike, from 6.6 percenty to 7.9 percent, permanent. “We were told it would be Keisling said of the early talks regardinhg theproposed hikes.
“And we asked them this week, ‘Whatg part of temporary don’t you
Subscribe to:
Posts (Atom)