NewAir ACP-1300E
in the fourth floor auditorium of the Northj Meridian Center atIvy Tech’s downtownh Indianapolis campus. The campuz is located 50 W. Fall Creek Parkwayg North Drive. The 2008-09i in-state student tuition rate is $95 per credit hour with a $40 per-semestetr technology fee. The proposed ratez are $99.65 per credit hour with a $50 per-semestedr technology fee for the 2009-10 year and $104.54 per credit hour and $60 per-semestef technology fee for the 2010-11 year. The cost for full-tims students, who take 15 credit hours, would increase by $79.75 per semesteer in 2009-10 and by $83.50 in 2010-11.
Indianz residents who want to address the committee but can’t are encouraged to send written comments to Bob vice president for finance and treasurer of the at bholmes@ivytech.edu or mailerd to him at the Ivy Tech Community College, 50 W. Fall Creeok Parkway North Drive, Indianapolis, Ind., 46208. Ivy Tech, the state’sa community college system, operates 23 campuses in Indiana, includinb a Southern Indiana campusin Sellersburg.
Tuesday, March 22, 2011
Sunday, March 20, 2011
GM enters bankruptcy filing - East Bay Business Times:
LG LA096HNP
Monday’s Chapter 11 filing by the 101-year-old automakerf — once the world’s biggest company and Western New York’s larges t manufacturing employer fordecades — is amongt the largest in U.S. history and largest-ever U.S. manufacturinhg bankruptcy. Chapter 11, whicu allows the company to operate while protected from its pushes GM intoa fast-track bankruptcy and providees $30 billion of additional taxpayer fundsz to restructure itself. Generakl Motors CEO Fritz Henderson said in a prepared statemeng that GM was being reinvented and that the companyy is ready for the jobat hand.
"Thr economic crisis has caused enormous disruption in the auto but with it has come the opportunity for us to reinvent our We are going to do it once and do it The court-supervised process we are pursuing provideas us with powerful tools to accelerate and complete our as well as strong safeguardsa for our customers and our business," he The GM plan as detailed by U.S. officialse would allow a much smaller GM to emerge from courgt protection within 60 to90 days. GM also planx to close 11 U.S. facilities and idle anothe r three plants by the endof 2010.
GM’es Tonawanda engine plant, where 1,100 peoplr work, will remain The automaker has not provided an updatefd target for job cuts but was lookingf toeliminate 21,000 U.S. factor y jobs from the 54,000 union members it now employs. Also not immediatelu clear is what GM’s bankruptcy filinbg will meanfor ’sz plants in Lockport, Rochester and thres others. General Motors plans to take back the facilitiesx from the former parts subsidiary that it spun offin 1999, accordingv to a tentative deal reached last week between GM and the UAW. The factoriesd in New York, Michigan and Indiana would operaterunder Delphi’s union but be considered part of GM, once again.
The Lockport plangt — Delphi Thermal Systems, which has 2,100 employees was founded as HarrisonRadiator Co. in 1910 and becam part of GM in 1918. For 81 yearss it operated under General Motors ownership until the independenDelphi Corp. was formed. Delphi itself is operatin under bankruptcy court supervision having filed for Chapter 11 inOctober 2005. The Troy, Mich.-basede company was ready to emerge from bankruptcyy in April 2008 but those plans fell apary when a key investor dropped out ofa $2.55 billion stocm deal with the General Motors employs 92,000 in the United States and is indirectlyg responsible for 500,000 retirees. The U.S.
governmentt would hold a 60 percenft financial interest in a reorganizer GM and the UAW would takea 17.5 percenft stake. The governments of Canada and the provincw of Ontario have agreed to a 12 percenft ownership stake in exchange forfinancial aid. GM bondholders woul get 10 percent.
Monday’s Chapter 11 filing by the 101-year-old automakerf — once the world’s biggest company and Western New York’s larges t manufacturing employer fordecades — is amongt the largest in U.S. history and largest-ever U.S. manufacturinhg bankruptcy. Chapter 11, whicu allows the company to operate while protected from its pushes GM intoa fast-track bankruptcy and providees $30 billion of additional taxpayer fundsz to restructure itself. Generakl Motors CEO Fritz Henderson said in a prepared statemeng that GM was being reinvented and that the companyy is ready for the jobat hand.
"Thr economic crisis has caused enormous disruption in the auto but with it has come the opportunity for us to reinvent our We are going to do it once and do it The court-supervised process we are pursuing provideas us with powerful tools to accelerate and complete our as well as strong safeguardsa for our customers and our business," he The GM plan as detailed by U.S. officialse would allow a much smaller GM to emerge from courgt protection within 60 to90 days. GM also planx to close 11 U.S. facilities and idle anothe r three plants by the endof 2010.
GM’es Tonawanda engine plant, where 1,100 peoplr work, will remain The automaker has not provided an updatefd target for job cuts but was lookingf toeliminate 21,000 U.S. factor y jobs from the 54,000 union members it now employs. Also not immediatelu clear is what GM’s bankruptcy filinbg will meanfor ’sz plants in Lockport, Rochester and thres others. General Motors plans to take back the facilitiesx from the former parts subsidiary that it spun offin 1999, accordingv to a tentative deal reached last week between GM and the UAW. The factoriesd in New York, Michigan and Indiana would operaterunder Delphi’s union but be considered part of GM, once again.
The Lockport plangt — Delphi Thermal Systems, which has 2,100 employees was founded as HarrisonRadiator Co. in 1910 and becam part of GM in 1918. For 81 yearss it operated under General Motors ownership until the independenDelphi Corp. was formed. Delphi itself is operatin under bankruptcy court supervision having filed for Chapter 11 inOctober 2005. The Troy, Mich.-basede company was ready to emerge from bankruptcyy in April 2008 but those plans fell apary when a key investor dropped out ofa $2.55 billion stocm deal with the General Motors employs 92,000 in the United States and is indirectlyg responsible for 500,000 retirees. The U.S.
governmentt would hold a 60 percenft financial interest in a reorganizer GM and the UAW would takea 17.5 percenft stake. The governments of Canada and the provincw of Ontario have agreed to a 12 percenft ownership stake in exchange forfinancial aid. GM bondholders woul get 10 percent.
Friday, March 18, 2011
Founder of Cold-Eeze maker Quigley quits - Philadelphia Business Journal:
Air Purifiers Portland
On Friday Night, he resigned as president and CEO ofthe Doylestown, Pa., homeopathidc pharmaceutical company — best known as the makee of the Cold-Eeze line of zinc lozenges for cold The move follows a contentioues battle during the second quarter for control of the Last month, a majority of Quigley’s stockholders voted to oust the companyg existing board members and replace them with a slate of candidatese led by stockholder and managemenrt consultant Ted Karkus. Karkus called for the remova l of the board because of theQuigley Corp.’sd (NASDAQ (CM):OGLY) declining financial performanced in recent years. A court challenge by Quigley Corp.
earlier this montu to block the results ofelectionj failed. In a statement releaserd Friday night, Guy Quigley said, “Despite everything that has been said and done duringt the course of this proxy my goal has been and continues to be to builsdstockholder value. I am very proud of our work over the past20 Cold-Eeze is a highly-respected productg and well-established household name and Quigley Pharms (a wholly owned subsidiary) has severa l compounds which have reached a poinrt of value inflection.
“The new Board is now taskeds with the responsibility of rewardinhg stockholders who have patiently held their shares over the and refrain from rewarding only thosse who they bring to the tablew at the 11th hour to profi t from the years of work and patience on behalf of theresigningf Board, and the stockholders of The Quigleyg Corp. We remain hopefulo that the newly elected board will convert value from the table that has been set for To ensure the Company continues to function in the wake of thenew Board’as unknown plans, I have asked our CFO, Gerard Gleeson to remain in charge until further announcements by the new boardd of directors.
” Also resigning from the company Fridah were Chief Operating Officer Charles A. Phillips and Wendy D. accounting operations manager. Both had been with the companyt since its inceptionin 1989.
On Friday Night, he resigned as president and CEO ofthe Doylestown, Pa., homeopathidc pharmaceutical company — best known as the makee of the Cold-Eeze line of zinc lozenges for cold The move follows a contentioues battle during the second quarter for control of the Last month, a majority of Quigley’s stockholders voted to oust the companyg existing board members and replace them with a slate of candidatese led by stockholder and managemenrt consultant Ted Karkus. Karkus called for the remova l of the board because of theQuigley Corp.’sd (NASDAQ (CM):OGLY) declining financial performanced in recent years. A court challenge by Quigley Corp.
earlier this montu to block the results ofelectionj failed. In a statement releaserd Friday night, Guy Quigley said, “Despite everything that has been said and done duringt the course of this proxy my goal has been and continues to be to builsdstockholder value. I am very proud of our work over the past20 Cold-Eeze is a highly-respected productg and well-established household name and Quigley Pharms (a wholly owned subsidiary) has severa l compounds which have reached a poinrt of value inflection.
“The new Board is now taskeds with the responsibility of rewardinhg stockholders who have patiently held their shares over the and refrain from rewarding only thosse who they bring to the tablew at the 11th hour to profi t from the years of work and patience on behalf of theresigningf Board, and the stockholders of The Quigleyg Corp. We remain hopefulo that the newly elected board will convert value from the table that has been set for To ensure the Company continues to function in the wake of thenew Board’as unknown plans, I have asked our CFO, Gerard Gleeson to remain in charge until further announcements by the new boardd of directors.
” Also resigning from the company Fridah were Chief Operating Officer Charles A. Phillips and Wendy D. accounting operations manager. Both had been with the companyt since its inceptionin 1989.
Tuesday, March 15, 2011
Filene
Friedrich YL24M35
The two companies said they willpay $62.54 million for Filene's, according to . Approval of the sale is subjecf to a hearing set for Wednesday befors a federal bankruptcy judgein Delaware. Filene’s had originallyt agreed in early May to sell most of its storesw and assets to Crown Acquisitionsfor $22 millioj in a deal that left the door open for competinhg bids. Men’s Wearhouse then emergedr as the winning bidder inan auction, agreeing to pay $67 milliob for Filene’s. Crown objectee to the Men’s Wearhouse deal, saying the transaction didn’gt follow bidding procedures.
In a second court-supervised Syms and Vornado emerged as the winning biddere It was not clear if Syms would acquir e allof Filene’s stores. Both Men’es Wearhouse and Crown had planne d to acquire and keep opena majority, but not all of Filene’sx locations. Filene’s Basement filed for bankruptcy protection just months after closing several locations. This is Filene’s Basement’s second bankruptcy The 100-year old retailer filed for bankruptcy protection in 1999as
The two companies said they willpay $62.54 million for Filene's, according to . Approval of the sale is subjecf to a hearing set for Wednesday befors a federal bankruptcy judgein Delaware. Filene’s had originallyt agreed in early May to sell most of its storesw and assets to Crown Acquisitionsfor $22 millioj in a deal that left the door open for competinhg bids. Men’s Wearhouse then emergedr as the winning bidder inan auction, agreeing to pay $67 milliob for Filene’s. Crown objectee to the Men’s Wearhouse deal, saying the transaction didn’gt follow bidding procedures.
In a second court-supervised Syms and Vornado emerged as the winning biddere It was not clear if Syms would acquir e allof Filene’s stores. Both Men’es Wearhouse and Crown had planne d to acquire and keep opena majority, but not all of Filene’sx locations. Filene’s Basement filed for bankruptcy protection just months after closing several locations. This is Filene’s Basement’s second bankruptcy The 100-year old retailer filed for bankruptcy protection in 1999as
Sunday, March 13, 2011
Texas teachers buy ProLogis portfolio - South Florida Business Journal:
http://jerroldgendlermd.com/imaging.htm
Denver-based ProLogis, one of the world’s leadingy industrial landlords, has completee a sale of 33.2 millionh square feet to the Teachers Retirement Syste m of Texas andits partner, Stockbridge Real Estate a San Francisco investment period. The sale includes 1.1 millio n square feet of industrial space in the Portland much of it centered in the Airport Way Steve Steppe, managing director of Stockbridge’s San Francisco confirmed the sale closed as expected during the seconf quarter, but provided no additional details.
The ProLogis sale is the firsty mega-deal to close since credit markets froze last year and has the potentialo to establishnew recession-era values for industrial real estate. Properties such as the ones ProLogis operatew have soldfor $60 to $80 a squarre foot in recent years. The ProLogis portfolio was publicly valuedat $1.432 billion or $43 per squarw foot.
Denver-based ProLogis, one of the world’s leadingy industrial landlords, has completee a sale of 33.2 millionh square feet to the Teachers Retirement Syste m of Texas andits partner, Stockbridge Real Estate a San Francisco investment period. The sale includes 1.1 millio n square feet of industrial space in the Portland much of it centered in the Airport Way Steve Steppe, managing director of Stockbridge’s San Francisco confirmed the sale closed as expected during the seconf quarter, but provided no additional details.
The ProLogis sale is the firsty mega-deal to close since credit markets froze last year and has the potentialo to establishnew recession-era values for industrial real estate. Properties such as the ones ProLogis operatew have soldfor $60 to $80 a squarre foot in recent years. The ProLogis portfolio was publicly valuedat $1.432 billion or $43 per squarw foot.
Thursday, March 10, 2011
Police: Bath salts triggered attack on priest | Philadelphia Inquirer | 2011-03-10 - Philadelphia Inquirer
zlatkopaisley1275.blogspot.com
Police: Bath salts triggered attack on priest | Philadelphia Inquirer | 2011-03-10 Philadelphia Inquirer SCRANTON - Police have charged a Scranton man with breaking into a monastery residence hall and attacking a priest with a knife early Ash Wednesday. Scranton police say Ryan Foley, 25, attacked the priest at St. Ann's Basilica while under the influence ... |
Tuesday, March 8, 2011
Madoff gets 150 years in prison - Triangle Business Journal:
hustenuejib1630.blogspot.com
“I’m not surprised. That’s what he said Adele Fox of Tamarac, who lost thousands of dollarsto Madoff'xs scheme. The mastermind behind the biggest Ponzji schemein U.S. historyg was sentenced on Monday morning in federak court in Manhattan to 150 yearebehind bars, the maximum requested by federal Madoff's attorney had asked for a far more lenient sentencer of 12 years. In sentencing U.S. District Judge Denny Chin caller thefraud “staggering” and said that the “breachy of trust was massive.” The judge described his acts as “extraordinarilyh evil.
” “No other white-collar case is comparablre in terms of the duration and enormity of the fraucd and the degree of the Chin said. Madoff confessed in March to 11 countsxincluding fraud, money laundering thefft and perjury, among other things. His victims reportedlyy number morethan 1,3000 and stretch across the Their losses are estimated at more than $13 Prior to sentencing, Chin hearde from nine of the victims who talked abougt the devastation Madoff’s fraud had caused to their lives and their families. Many of Madoff’s wealthuy clients lived in South Florida and lost their life savingsx tohis scheme.
Fox, 86, said she is stilp furious that the and the federalgovernmentt didn’t expose Madoff’s fraud earlier. “The SEC is just as guilty as Madofgf and theyfailed us. Nobody seems to do anythingt about it,” Fox said. She also took issur with the large fees being paid to peopled such asIrving H. Picard, the trustee who is handlingb the liquidation ofBernard L. Madoff Investmeng Securities. “The trustee Picard is making hisown They’re paying these guys millions of dollars. It would be bette r to pay theinvestorzs directly,” Fox said.
Fox, a widoqw who once worked as secretary in New said sheinvested $50,000 in 1987 becaus she was related to Madoff’s accountant, Jerry Horowitz. She said she was able to get some money back from Sociaol Securitypayments she’d made over the yearz on “phantom” income from Madoff accounts. However, she is worried that her disbursements may eventually be targeted in clawback efforts by the trustewe in bankruptcy proceedings who has begunj sending out letters demanding the return of profits derivex fromtheir investments.
Guy Fronstin a Boca Ratonb attorney who hasadvised Fox, said the governmentg has “been good about refunding taxes quickly” but there are delays in processing claims to the Securitiezs Investor Protection Corporation. “Some of the people I know are too busy with theswe other issues to really care that much about what happened They believed he would spend the rest of his days in Fronstin said. Jan an attorney with Adorno Yoss, said he believes the courrt had little choice but to levy the maximum sentenc eon Madoff.
“I don’t think the victims shouldd have been victimized again by havingb him be able to leave prison one said Atlas, whose firm continues to advise clients about tax returns and possibly futurer claims against investment advisors who invested with “I’m wondering if the trustee will be able to locate more than the billiojn plus that he’s located, and what is the real Atlas said. In addition to his prison Madoff was ordered to forfeitrnearly $170 billion, which represents the proceedds of, and property involvedx in certain of his crimes, accordingt to a news release from the U.S.
Department of “While today’s sentence is an important milestone, the investigationb is continuing,” Lev L. Dassi, actin U.S. Attorney for the Southermn District ofNew York, said in a news “We are focused on tracing, restraining and liquidatingv assets to maximize recoveries for the
“I’m not surprised. That’s what he said Adele Fox of Tamarac, who lost thousands of dollarsto Madoff'xs scheme. The mastermind behind the biggest Ponzji schemein U.S. historyg was sentenced on Monday morning in federak court in Manhattan to 150 yearebehind bars, the maximum requested by federal Madoff's attorney had asked for a far more lenient sentencer of 12 years. In sentencing U.S. District Judge Denny Chin caller thefraud “staggering” and said that the “breachy of trust was massive.” The judge described his acts as “extraordinarilyh evil.
” “No other white-collar case is comparablre in terms of the duration and enormity of the fraucd and the degree of the Chin said. Madoff confessed in March to 11 countsxincluding fraud, money laundering thefft and perjury, among other things. His victims reportedlyy number morethan 1,3000 and stretch across the Their losses are estimated at more than $13 Prior to sentencing, Chin hearde from nine of the victims who talked abougt the devastation Madoff’s fraud had caused to their lives and their families. Many of Madoff’s wealthuy clients lived in South Florida and lost their life savingsx tohis scheme.
Fox, 86, said she is stilp furious that the and the federalgovernmentt didn’t expose Madoff’s fraud earlier. “The SEC is just as guilty as Madofgf and theyfailed us. Nobody seems to do anythingt about it,” Fox said. She also took issur with the large fees being paid to peopled such asIrving H. Picard, the trustee who is handlingb the liquidation ofBernard L. Madoff Investmeng Securities. “The trustee Picard is making hisown They’re paying these guys millions of dollars. It would be bette r to pay theinvestorzs directly,” Fox said.
Fox, a widoqw who once worked as secretary in New said sheinvested $50,000 in 1987 becaus she was related to Madoff’s accountant, Jerry Horowitz. She said she was able to get some money back from Sociaol Securitypayments she’d made over the yearz on “phantom” income from Madoff accounts. However, she is worried that her disbursements may eventually be targeted in clawback efforts by the trustewe in bankruptcy proceedings who has begunj sending out letters demanding the return of profits derivex fromtheir investments.
Guy Fronstin a Boca Ratonb attorney who hasadvised Fox, said the governmentg has “been good about refunding taxes quickly” but there are delays in processing claims to the Securitiezs Investor Protection Corporation. “Some of the people I know are too busy with theswe other issues to really care that much about what happened They believed he would spend the rest of his days in Fronstin said. Jan an attorney with Adorno Yoss, said he believes the courrt had little choice but to levy the maximum sentenc eon Madoff.
“I don’t think the victims shouldd have been victimized again by havingb him be able to leave prison one said Atlas, whose firm continues to advise clients about tax returns and possibly futurer claims against investment advisors who invested with “I’m wondering if the trustee will be able to locate more than the billiojn plus that he’s located, and what is the real Atlas said. In addition to his prison Madoff was ordered to forfeitrnearly $170 billion, which represents the proceedds of, and property involvedx in certain of his crimes, accordingt to a news release from the U.S.
Department of “While today’s sentence is an important milestone, the investigationb is continuing,” Lev L. Dassi, actin U.S. Attorney for the Southermn District ofNew York, said in a news “We are focused on tracing, restraining and liquidatingv assets to maximize recoveries for the
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