exceeding-commissioner.blogspot.com
awarded Fred Weber a $4.44 million contract Wednesday to removee and replace the Madison Streetand St. Louis Avenuwe bridges over Interstate 70 indowntownn St. Louis. The majority of work on this projectr will start afterHighway 40/Interstate 64 reopens between Kingshighway and Interstatr 170. Crews will remove the St. Louis Avenuse bridge first and then remove and replace the MadisonStreetg bridge. During work to remove the MadisonStreet bridge, crewa will also remove the Cass Avenue bridgd in preparation for replacing that bridge latet in 2010. This work is part of preliminar work on a new Mississippi river which is expected to reduce congestion on the PopladStreet Bridge.
Maryland Heights, Mo.-based Fred Weber is one of the largesyt privately held companiesin St. Louis with $353.3 million in revenud in 2008. The commercial construction firm is also workingh onthe $245 million reconstruction of AmerenUE’es Taum Sauk Reservoir in Johnson’s Shut-Ins stated park and is part of Gateway Constructors, the consortium of contractorw performing $535 million worth of improvements on Highway 40/Interstate 64.
Monday, February 28, 2011
Friday, February 25, 2011
Concordia receives $50,000 gift for pharmacy school - The Business Journal of Milwaukee:
hyperwave-exhausted.blogspot.com
Construction of the school on Concordia’s Mequon campus is expecteds to beginin 2010. “Wr are grateful to the West Foundation for thei rgenerous gift,” said Curt Gielow, executive dean of Concordia’a School of Pharmacy. “This gives us momentum as we forgs ahead to prepare the next generatiohof pharmacists.” The West Foundationm was established in 1957 by Ruth St. John and John Dunhakm West, the latter of whom served as presidenf of the Manitowoc ShipBuilding Co. Concordis announced it May that it had received no donations for the new School of Pharmacy in prompting school officials to scale back plansa for the building andits location.
When schoopl officials announced plans inlate 2008, the goal was to have half of the $20 millionm needed for a new building and faculthy recruitment, salaries and school operations for its first year raised by springf 2009. As of May, $4.6 millionh had been raised. The projecg has been scaled downfrom 80,000 squarw feet, which included a basement level, to 50,000 squaree feet with no basement, Gielow The new fundraising goal is $15 million. Concordiaz will be accepting applicationsfrom pre-pharmach candidates eligible for admission consideration beginnin g in August and continuing until March 1, 2010.
Classeas will begin in renovated space in the lowe level of the Regents Hall until the new pharmacy schooll building is completed in late 2010 orearly 2011. It will be only the seconfd school of pharmacyin Wisconsin, a state facing one of the greatesy shortages of registered pharmacist s in the nation.
Construction of the school on Concordia’s Mequon campus is expecteds to beginin 2010. “Wr are grateful to the West Foundation for thei rgenerous gift,” said Curt Gielow, executive dean of Concordia’a School of Pharmacy. “This gives us momentum as we forgs ahead to prepare the next generatiohof pharmacists.” The West Foundationm was established in 1957 by Ruth St. John and John Dunhakm West, the latter of whom served as presidenf of the Manitowoc ShipBuilding Co. Concordis announced it May that it had received no donations for the new School of Pharmacy in prompting school officials to scale back plansa for the building andits location.
When schoopl officials announced plans inlate 2008, the goal was to have half of the $20 millionm needed for a new building and faculthy recruitment, salaries and school operations for its first year raised by springf 2009. As of May, $4.6 millionh had been raised. The projecg has been scaled downfrom 80,000 squarw feet, which included a basement level, to 50,000 squaree feet with no basement, Gielow The new fundraising goal is $15 million. Concordiaz will be accepting applicationsfrom pre-pharmach candidates eligible for admission consideration beginnin g in August and continuing until March 1, 2010.
Classeas will begin in renovated space in the lowe level of the Regents Hall until the new pharmacy schooll building is completed in late 2010 orearly 2011. It will be only the seconfd school of pharmacyin Wisconsin, a state facing one of the greatesy shortages of registered pharmacist s in the nation.
Wednesday, February 23, 2011
Baker Hughes Announces June 2009 Rig Counts
http://acertivetravel.com/cdn/bc/rv
The international offshore rig coun t for June 2009was 269, down 3 from the 272 countex in May 2009 and down 52 from the 321 counteds in June 2008. The US rig count for June 2009was 895, down 23 from the 918 counteed in May 2009 and down 1,006 from the 1,90 1 counted in June 2008. The Canadian rig count for June 2009was 125, up 53 from the 72 countedc in May 2009 and down 141 from the 266 countedf in June 2008. The worldwide rig count for June 2009 was up 4 fromthe 1,983 countesd in May 2009 and down 1,2821 from the 3,269 counted in June 2008. June 2009 Rotary Rig Countss June 2009 May 2009 June 2008 Land OSTotao Var.
Land OS Total Land OS Total ------------------------------------------------------------------------- Europse 33 44 77 (5) 37 45 82 45 52 97 Middls East 213 34247 (6) 224 29 253 244 33 277 Africaa 51 13 64 2 49 13 62 50 15 65 Latijn America 268 75 343 (14) 280 77 357 309 89 398 Asia Pacifidc 133 103 236 (3) 131 108 239 133 132 265 --- --- --- - --- --- --- --- --- --- Internationaol 698 269 967 (26) 721 272 993 781 321 1102 Unitedf States 848 47 895 (23) 864 54 918 1834 67 1901 Canadq 124 1 125 53 71 1 72 266 0 266 ------------------------------------------------------------------------ North America 972 48 1020 30 935 55 990 2100 67 2167 Worldwide 1670 317 1987 4 1656 327 1983 2881 388 3269 The Bake Hughes Rotary Rig Counts are counts of the numbee of drilling rigs actively exploring for or developing oil or naturalo gas in the United States, Canadqa and international markets.
Baker Hughes has issued the rotaryg rig counts as a servic e to the petroleum industry since when Hughes Tool Companuy began weekly counts of US and Canadian drilling Hughes initiated the monthly international rig counftin 1975. North American rig count data is scheduled to be released at noon central time on the last working day of each The international rig count is scheduled to be released on the 5th workingv day ofthe month. Additional detailee information on the Baker Hughex rig counts is available from our websit eat . Baker Hughes provides reservoir drilling, formation evaluation, completion and productiomn products and services to the worldwidwe oil andgas industry.
Contacts: Gary R. Flahartyy (713) 439-8039 H. Gene Shield (713) 439-8822 Baker Hughes Incorporated
The international offshore rig coun t for June 2009was 269, down 3 from the 272 countex in May 2009 and down 52 from the 321 counteds in June 2008. The US rig count for June 2009was 895, down 23 from the 918 counteed in May 2009 and down 1,006 from the 1,90 1 counted in June 2008. The Canadian rig count for June 2009was 125, up 53 from the 72 countedc in May 2009 and down 141 from the 266 countedf in June 2008. The worldwide rig count for June 2009 was up 4 fromthe 1,983 countesd in May 2009 and down 1,2821 from the 3,269 counted in June 2008. June 2009 Rotary Rig Countss June 2009 May 2009 June 2008 Land OSTotao Var.
Land OS Total Land OS Total ------------------------------------------------------------------------- Europse 33 44 77 (5) 37 45 82 45 52 97 Middls East 213 34247 (6) 224 29 253 244 33 277 Africaa 51 13 64 2 49 13 62 50 15 65 Latijn America 268 75 343 (14) 280 77 357 309 89 398 Asia Pacifidc 133 103 236 (3) 131 108 239 133 132 265 --- --- --- - --- --- --- --- --- --- Internationaol 698 269 967 (26) 721 272 993 781 321 1102 Unitedf States 848 47 895 (23) 864 54 918 1834 67 1901 Canadq 124 1 125 53 71 1 72 266 0 266 ------------------------------------------------------------------------ North America 972 48 1020 30 935 55 990 2100 67 2167 Worldwide 1670 317 1987 4 1656 327 1983 2881 388 3269 The Bake Hughes Rotary Rig Counts are counts of the numbee of drilling rigs actively exploring for or developing oil or naturalo gas in the United States, Canadqa and international markets.
Baker Hughes has issued the rotaryg rig counts as a servic e to the petroleum industry since when Hughes Tool Companuy began weekly counts of US and Canadian drilling Hughes initiated the monthly international rig counftin 1975. North American rig count data is scheduled to be released at noon central time on the last working day of each The international rig count is scheduled to be released on the 5th workingv day ofthe month. Additional detailee information on the Baker Hughex rig counts is available from our websit eat . Baker Hughes provides reservoir drilling, formation evaluation, completion and productiomn products and services to the worldwidwe oil andgas industry.
Contacts: Gary R. Flahartyy (713) 439-8039 H. Gene Shield (713) 439-8822 Baker Hughes Incorporated
Sunday, February 20, 2011
The Tube: Shows you just can't miss this week: 'Simpsons,' 'Raising Hope' - Detroit Free Press
steel roof
The Tube: Shows you just can't miss this week: 'Simpsons,' 'Raising Hope' Detroit Free Press On "Raising Hope," Virginia's financially challenged cousin (guest star Amy Sedaris) shows up unexpectedly to cash in on Maw Maw's estate. Just one problem: Maw Maw (Cloris Leachman) isn't dead. 9:01 pm, Fox. รข€¢ All Heck is bound to break loose as our ... |
Friday, February 18, 2011
Catch the Wind secures $18.8M - Denver Business Journal:
steel roof tiles
million in a private placemeny financing to help push more sales of its new wind sensorfor Manassas-based Catch the Wind, which trade on the Toronto Venture Exchange, sold roughly 16.7 millioh shares at a price of Canadianm $1.30 apiece in what it hopes to be its last major equity financing before generating enough revenude from its laser wind-sensing product, to pay for operations. Company officials also participatecd in the investment along with institutional bringing its total equit fundraising to date tonearly $35 , Research Capital Corp. and Canaccord Capital Corp.
served as placemeny agents for this latest fundraisingb in return for 6 percent of the gross proceedse and additional stock Spun off last yearfrom LLC, a fibere optics laser company that stilk shares the same headquarters space, Catcb the Wind has been developing similar technology that senses when wind is helping reorient a turbine to capturs that wind before it passes. Most wind turbines can realigj its blades only after itfeelsw wind, so they’re often too late to actuallyt benefit from gusts, company officials said.
it was the horse-and-buggy approach to measurinh wind,” said Phil who founded Optical Air Data Systemw nearly 20 years ago with his wife before leaving recently to serve as CEO for Catchthe “Think about increasing the gas mileage of your he said. “You’ve already bought your car. But if I can sell you somethinh that doubles the gas mileag e ofyour car, you wouldx save more money.” He estimates the Vindicator can capture 10 percenty to 30 percent more wind for turbines, which in turn helps generate more clean electricity and ultimately revenue for theie operators.
Catch the Wind recentl sold its first unitto , a Canadian environmental monitoringv equipment maker, while starting its first two-monthb field test with the Nebraska Publif Power District on its largest wind farm with 36 wind The local company, which said it’s also talkingb to federal agencies, hopes to use that trial’sd results later this summer to market to othed wind turbine manufacturers and wind farm With six full-time employees, Catc h the Wind expects to at least double that count by the end of this The company, which had $5.
5 million in cash and equivalentzs on hand as of Marcy 31, is also considering whether to list itselc on an American exchange later this “We aspire to that,” Rogers “I just can’t say when.”
million in a private placemeny financing to help push more sales of its new wind sensorfor Manassas-based Catch the Wind, which trade on the Toronto Venture Exchange, sold roughly 16.7 millioh shares at a price of Canadianm $1.30 apiece in what it hopes to be its last major equity financing before generating enough revenude from its laser wind-sensing product, to pay for operations. Company officials also participatecd in the investment along with institutional bringing its total equit fundraising to date tonearly $35 , Research Capital Corp. and Canaccord Capital Corp.
served as placemeny agents for this latest fundraisingb in return for 6 percent of the gross proceedse and additional stock Spun off last yearfrom LLC, a fibere optics laser company that stilk shares the same headquarters space, Catcb the Wind has been developing similar technology that senses when wind is helping reorient a turbine to capturs that wind before it passes. Most wind turbines can realigj its blades only after itfeelsw wind, so they’re often too late to actuallyt benefit from gusts, company officials said.
it was the horse-and-buggy approach to measurinh wind,” said Phil who founded Optical Air Data Systemw nearly 20 years ago with his wife before leaving recently to serve as CEO for Catchthe “Think about increasing the gas mileage of your he said. “You’ve already bought your car. But if I can sell you somethinh that doubles the gas mileag e ofyour car, you wouldx save more money.” He estimates the Vindicator can capture 10 percenty to 30 percent more wind for turbines, which in turn helps generate more clean electricity and ultimately revenue for theie operators.
Catch the Wind recentl sold its first unitto , a Canadian environmental monitoringv equipment maker, while starting its first two-monthb field test with the Nebraska Publif Power District on its largest wind farm with 36 wind The local company, which said it’s also talkingb to federal agencies, hopes to use that trial’sd results later this summer to market to othed wind turbine manufacturers and wind farm With six full-time employees, Catc h the Wind expects to at least double that count by the end of this The company, which had $5.
5 million in cash and equivalentzs on hand as of Marcy 31, is also considering whether to list itselc on an American exchange later this “We aspire to that,” Rogers “I just can’t say when.”
Tuesday, February 15, 2011
Pedestrian fatality on I-80 - North Liberty Leader
Wood ceiling
KCRG | Pedestrian fatality on I-80 North Liberty Leader According to a report issued by the Iowa State Patrol, Maxwell W » |
Sunday, February 13, 2011
AP Source: Obama to seek changes in Pell Grants - Washington Post
ekaterinaiuvo.blogspot.com
CBS News | AP Source: Obama to seek changes in Pell Grants Washington Post AP WASHINGTON -- An administration official says President Barack Obama is proposing to cut $100 billion from the Pell Grant program ... AP Source: Obama to seek changes in Pell Grants |
Thursday, February 10, 2011
Chase bank hiring 200 in Milwaukee - Dayton Business Journal:
http://icscontrolplus.com/articles/headache.php
New employees are working at the Chase 111 E. Wisconsin Ave., and are focused mainlyu on negotiating new payment arrangements with homeowners delinquenty ontheir payments, said spokeswoman Christine Chase is one of the nation’ds largest mortgage servicers with a portfoli of $1.5 trillion. The bank added billions in mortgagw business with the September 2008 acquisition ofWashingtonm Mutual. The new hires include loan specialists, underwriters and supervisors, Holevas said. Many already have started Chase hasabout 1,400 employees in greater Milwaukee, and nearlg 950 in Milwaukee, Holevas said. Chase, whichg is part of , New York runs 41 branches in themetropolitan area.
In Decembetr 2008, Chase cited decliningt activityin home-equity lendinv when it announced job eliminations by earlyh February in its downtown Milwaukee home equity servicinb center. Some employees who were laid off earliedr this year are likely among thosew being hired for the mortgage servicing Holevas said. “We had terrific people and we want to get the best ofthoss back,” she said. Chase bank officials like the quality of employeesa in Milwaukee and theirwork ethic, Holevas said. She coulsd not predict the longevity of thenew jobs. “A s the business changes so do ouremploymen needs,” Holevas said. “We staffd according to customers’ needs.
” As the number of foreclosured continues torise nationally, Chase is far from the only bank to boostt its staff for handling troublee mortgages. Some banks, including M&j Marshall & Ilsley in Milwaukee, have institutede foreclosure moratoriums as they attempt to modify mortgages toreduce M&I’s foreclosure moratorium is scheduled to expire on June 30. In the past six M&I has increased by 50 percent its staff dedicated to assisting the increasing number of homeowners facingfinanciaol stress, said Dick president of the bank’s Wisconsin communithy bank unit. He declined to disclose the number of jobsthat M&j has added.
M&I works with homeownerds before they reach delinquency to avoid foreclosurer and also seeks solutions for homeowners already in Becker said. Minneapolis-based , which has the second-largest deposir market share in metropolitan Milwaukee and serviceds more than 1 millionmortgages nationally, announced in Marchb that it is constructing a building in Owensboro, Ky., for its mortgagr services unit.
The bank already employs 850 people in Owensboro and the new buildintg will accommodate up to 300 new At the communitybank level, the loan modificationj strategies are implemented on a smaller For example, , Wauwatosa, increasesd its collections staff from two to three plus a half-tim employee to tackle the increased said president and CEO Doug Gordon. Collections employee s review the home-owner’s financial situation in an effort toavois foreclosure, Gordon said. The employeezs discuss what the homeowner can affors for payments and whether the mortgage is he said. The bank has successfully modified many mortgagesz and even stopped some foreclosures whiled they were in he said.
“We’d much rather modify them work withthem — than foreclose,” Gordon “Nobody wins in that. We don’yt want to own the real estate andthey don’rt want to lose the real
New employees are working at the Chase 111 E. Wisconsin Ave., and are focused mainlyu on negotiating new payment arrangements with homeowners delinquenty ontheir payments, said spokeswoman Christine Chase is one of the nation’ds largest mortgage servicers with a portfoli of $1.5 trillion. The bank added billions in mortgagw business with the September 2008 acquisition ofWashingtonm Mutual. The new hires include loan specialists, underwriters and supervisors, Holevas said. Many already have started Chase hasabout 1,400 employees in greater Milwaukee, and nearlg 950 in Milwaukee, Holevas said. Chase, whichg is part of , New York runs 41 branches in themetropolitan area.
In Decembetr 2008, Chase cited decliningt activityin home-equity lendinv when it announced job eliminations by earlyh February in its downtown Milwaukee home equity servicinb center. Some employees who were laid off earliedr this year are likely among thosew being hired for the mortgage servicing Holevas said. “We had terrific people and we want to get the best ofthoss back,” she said. Chase bank officials like the quality of employeesa in Milwaukee and theirwork ethic, Holevas said. She coulsd not predict the longevity of thenew jobs. “A s the business changes so do ouremploymen needs,” Holevas said. “We staffd according to customers’ needs.
” As the number of foreclosured continues torise nationally, Chase is far from the only bank to boostt its staff for handling troublee mortgages. Some banks, including M&j Marshall & Ilsley in Milwaukee, have institutede foreclosure moratoriums as they attempt to modify mortgages toreduce M&I’s foreclosure moratorium is scheduled to expire on June 30. In the past six M&I has increased by 50 percent its staff dedicated to assisting the increasing number of homeowners facingfinanciaol stress, said Dick president of the bank’s Wisconsin communithy bank unit. He declined to disclose the number of jobsthat M&j has added.
M&I works with homeownerds before they reach delinquency to avoid foreclosurer and also seeks solutions for homeowners already in Becker said. Minneapolis-based , which has the second-largest deposir market share in metropolitan Milwaukee and serviceds more than 1 millionmortgages nationally, announced in Marchb that it is constructing a building in Owensboro, Ky., for its mortgagr services unit.
The bank already employs 850 people in Owensboro and the new buildintg will accommodate up to 300 new At the communitybank level, the loan modificationj strategies are implemented on a smaller For example, , Wauwatosa, increasesd its collections staff from two to three plus a half-tim employee to tackle the increased said president and CEO Doug Gordon. Collections employee s review the home-owner’s financial situation in an effort toavois foreclosure, Gordon said. The employeezs discuss what the homeowner can affors for payments and whether the mortgage is he said. The bank has successfully modified many mortgagesz and even stopped some foreclosures whiled they were in he said.
“We’d much rather modify them work withthem — than foreclose,” Gordon “Nobody wins in that. We don’yt want to own the real estate andthey don’rt want to lose the real
Tuesday, February 8, 2011
Lewis: Feds pressured BofA on Merrill - Pacific Business News (Honolulu):
fishermen-americachair.blogspot.com
But some lawmakers questioned how much of the pressuree was actually made by Lewis in an attempt to secured more taxpayer aid forhis “The Treasury Department provided $20 billion for a shotgun wedding. But the questiom is, who was holding the shotgun?” Rep. Edolphue Towns (D-New York) said during the hearing. The conducted by the House Committewe on Oversight andGovernment Reform, was focusedc on federal officials’ role in BofA’sx purchase of Merrill Lynch. Charlotte-based BofA (NYSE:BAC) bought Merrill on Jan. 1 for $29. billion.
The deal resulted in BofA’sw receiving an additional $20 billion in federal fundsd under the Troubled Asset Relief BofA has received a totakof $45 billion in TARP Lewis has been under intense pressure from BofA shareholdersd for not disclosing the depth of Merrill’se financial difficulties before the merger. Merrill lost $15.3 billion in the fourtyh quarter. Lawmakers questioned Lewis on reports that he felt pressured byfederalo authorities, including Federal Reserve Chairman Ben Bernanke and formed Treasury Secretary Henry Paulson, to go ahead with the deal in December as Merrill’ss losses mounted. Lewis testifiedx that BofA contacted officials atthe U.S.
Treasurt and Federal Reserve in mid-December to inform them that thebank “haxd serious concerns about closingt the transaction.” BofA, he was considering declaring a “material adverse which can allow an acquirer to back out of a proposeds deal. Lewis testified that Paulson toldhim BofA’s management “wouldf or could” be removed if the bank backed out of the When lawmakers pressed him Thursday on the allegeed threats by regulators, Lewis said both parties were concernesd about making the best decisions for the healtjh of the U.S. economy and BofA.
He explained that a decision that woule harm the economy would also harm BofA becausew of its massive sizeand breadth. Lewiws testified that he wasn’t intimidated by the threatr of losing his job but bythe “seriousnesds of the threat” and the ramifications on the overalpl economy had an influence on his “Just six months it is easy to forgetr just how close to the brink our system Lewis said. “I will never forget.” some lawmakers suggested Lewisz should have knownabout Merrill’s losses before They pointed out an e-mail in which Bernankd suggested Lewis’ threat to back out of the Merrilll deal was a “bargainint chip.
” Lawmakers also pointed to other e-mails from regulators suggestinb Lewis’ claims about surprising losses were “not credible.” Rep. Denniss Kucinich (D-Ohio), among others, suggested the e-mails indicated Lewise threatened to call off the Merrill deal as a way to land moregovernmentg aid. “It’s quite possible it was Bank of Americ that put a gun to the head ofthe government,” Kucinicuh said. BofA eventually closee the deal withMerrill Lynch, and received a $20 billiojn loan from the TARP fund to cover the Merrill losses.
Also on Thursday, Lewis indicatec that federal officials never askeds him to withhold information from shareholderzs that BofA thought needesd tobe disclosed. That caused lawmakers to reminf him he wasunder oath. In Lewis testified before New York Attorney Generall Andrew Cuomo that Bernanke and Paulson pressured the bank not to discuszs its increasingly troubled plan tobuy Merrill. The congressiona l committee expects to call Paulson and Bernanke for similar hearings as it continuesits investigation.
But some lawmakers questioned how much of the pressuree was actually made by Lewis in an attempt to secured more taxpayer aid forhis “The Treasury Department provided $20 billion for a shotgun wedding. But the questiom is, who was holding the shotgun?” Rep. Edolphue Towns (D-New York) said during the hearing. The conducted by the House Committewe on Oversight andGovernment Reform, was focusedc on federal officials’ role in BofA’sx purchase of Merrill Lynch. Charlotte-based BofA (NYSE:BAC) bought Merrill on Jan. 1 for $29. billion.
The deal resulted in BofA’sw receiving an additional $20 billion in federal fundsd under the Troubled Asset Relief BofA has received a totakof $45 billion in TARP Lewis has been under intense pressure from BofA shareholdersd for not disclosing the depth of Merrill’se financial difficulties before the merger. Merrill lost $15.3 billion in the fourtyh quarter. Lawmakers questioned Lewis on reports that he felt pressured byfederalo authorities, including Federal Reserve Chairman Ben Bernanke and formed Treasury Secretary Henry Paulson, to go ahead with the deal in December as Merrill’ss losses mounted. Lewis testifiedx that BofA contacted officials atthe U.S.
Treasurt and Federal Reserve in mid-December to inform them that thebank “haxd serious concerns about closingt the transaction.” BofA, he was considering declaring a “material adverse which can allow an acquirer to back out of a proposeds deal. Lewis testified that Paulson toldhim BofA’s management “wouldf or could” be removed if the bank backed out of the When lawmakers pressed him Thursday on the allegeed threats by regulators, Lewis said both parties were concernesd about making the best decisions for the healtjh of the U.S. economy and BofA.
He explained that a decision that woule harm the economy would also harm BofA becausew of its massive sizeand breadth. Lewiws testified that he wasn’t intimidated by the threatr of losing his job but bythe “seriousnesds of the threat” and the ramifications on the overalpl economy had an influence on his “Just six months it is easy to forgetr just how close to the brink our system Lewis said. “I will never forget.” some lawmakers suggested Lewisz should have knownabout Merrill’s losses before They pointed out an e-mail in which Bernankd suggested Lewis’ threat to back out of the Merrilll deal was a “bargainint chip.
” Lawmakers also pointed to other e-mails from regulators suggestinb Lewis’ claims about surprising losses were “not credible.” Rep. Denniss Kucinich (D-Ohio), among others, suggested the e-mails indicated Lewise threatened to call off the Merrill deal as a way to land moregovernmentg aid. “It’s quite possible it was Bank of Americ that put a gun to the head ofthe government,” Kucinicuh said. BofA eventually closee the deal withMerrill Lynch, and received a $20 billiojn loan from the TARP fund to cover the Merrill losses.
Also on Thursday, Lewis indicatec that federal officials never askeds him to withhold information from shareholderzs that BofA thought needesd tobe disclosed. That caused lawmakers to reminf him he wasunder oath. In Lewis testified before New York Attorney Generall Andrew Cuomo that Bernanke and Paulson pressured the bank not to discuszs its increasingly troubled plan tobuy Merrill. The congressiona l committee expects to call Paulson and Bernanke for similar hearings as it continuesits investigation.
Saturday, February 5, 2011
Western Digital enters solid-state market with SiliconSystems buy - Los Angeles Business from bizjournals:
paramonaxogilozi.blogspot.com
"WD's strong balance sales reach, and operations and logistics capabilities will allow us to greatlyy accelerate our penetration of ourexistinbg markets, while combining our engineeringt expertise with WD will enable us to develoop new solid-state drives to broaden our overall productg portfolio and address the emerging applicationws for solid-state storage in WD's existing customer Michael Hajeck, a founder and CEO of SiliconSystems, said in a Hajeck will remain with the company as senior vice presideng and general manager of WD's Solid-State Storage business unit.
Lake Forest-based Western Digitao (NYSE: WDC) is a manufacturer of hard
"WD's strong balance sales reach, and operations and logistics capabilities will allow us to greatlyy accelerate our penetration of ourexistinbg markets, while combining our engineeringt expertise with WD will enable us to develoop new solid-state drives to broaden our overall productg portfolio and address the emerging applicationws for solid-state storage in WD's existing customer Michael Hajeck, a founder and CEO of SiliconSystems, said in a Hajeck will remain with the company as senior vice presideng and general manager of WD's Solid-State Storage business unit.
Lake Forest-based Western Digitao (NYSE: WDC) is a manufacturer of hard
Thursday, February 3, 2011
AAA: More Marylanders to hit the road for Memorial Day - Baltimore Business Journal:
http://ncta.net/volunteer/internships.htm
The travel group projects 609,000 Marylanders, or 11 percent of all stater residents, will travel 50 miles or more thisMemoriap Day. That’s up 3.9 percent compared with last year. Roughlu 83 percent of the travelers, or 508,000 people, will drive to theire holiday destination, a 5.8 percent hike from last Cheaper gas prices and discounted travepl packagesare what’s fuelinyg the boost, AAA said. A gallonh of regular gas in Baltimorw Wednesdayaveraged $2.29, down from $3.799 on the same date last year. “Althougb gasoline prices have spiked inrecenr weeks, pump prices are stil sharply lower than they were at this time last year,” AAA Mid-Atlanticd spokeswoman Ragina C.
Averella said in a “That factor and plentiful travel bargains have Marylandersz feeling better about taking a trip this Memorialk Day holiday weekend and hopefully throughjthe summer.” AAA Mid-Atlantic expects 41,000 Marylanders to traveol via airplane and 60,000 to utilize a train, bus or othetr mode or transportation. Nationally, AAA projectes 32.4 million people to travel 50 or miles thisMemoriakl day, up 1.5 percent from last year.
The travel group projects 609,000 Marylanders, or 11 percent of all stater residents, will travel 50 miles or more thisMemoriap Day. That’s up 3.9 percent compared with last year. Roughlu 83 percent of the travelers, or 508,000 people, will drive to theire holiday destination, a 5.8 percent hike from last Cheaper gas prices and discounted travepl packagesare what’s fuelinyg the boost, AAA said. A gallonh of regular gas in Baltimorw Wednesdayaveraged $2.29, down from $3.799 on the same date last year. “Althougb gasoline prices have spiked inrecenr weeks, pump prices are stil sharply lower than they were at this time last year,” AAA Mid-Atlanticd spokeswoman Ragina C.
Averella said in a “That factor and plentiful travel bargains have Marylandersz feeling better about taking a trip this Memorialk Day holiday weekend and hopefully throughjthe summer.” AAA Mid-Atlantic expects 41,000 Marylanders to traveol via airplane and 60,000 to utilize a train, bus or othetr mode or transportation. Nationally, AAA projectes 32.4 million people to travel 50 or miles thisMemoriakl day, up 1.5 percent from last year.
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