http://www.freewheelintornados.com/2008/03/29/tornado-alley-start-delayed-due-to-wet-doomben-track/
The worries have been generated by eighrt bank failures around the country this including one in and television coverage of people lining up outsidse branchesof Pasadena, Calif.-based to withdrae their money after the took over that failed A June poll conductefd by found that the numbeer of Americans saying they have a “greaf deal” or “quite a of confidence in U.S. banks had droppe d to 32 percent, down nine percentage points from June 2007 and 17 percentagse points fromJune 2006.
“We have definitely been seeing and hearing from our members about the issues of safetyhand soundness,” said Marshall MacKay, president and CEO of Eagan-based Independen t Community Bankers of Minnesota, which has nearly 300 member Banks are answering those questions primarily by educatin g customers about the FDIC’s $100,000 coveragw of bank accounts. Some banks also are offerinb supplemental insurance to depositors with large holding seminars to train tellers and bankers on answerinf questions from nervous depositors andlaunching safety-themed ad Since it was created in response to the thousands of banks failinf during the Great Depression, the FDIC’s main charge has been to promote confidence in the U.
S. bankingv system by insuring deposits in banksand thrifts. Deposits in savings and other deposift accounts are insured upto $100,0009 per depositor per institution. Most retirement accountsw are insured upto $250,000. Most bankws include some information about FDIC insurance in traininf for tellersand bankers. Now, many are supplementing that with extra revieaw tools so employees know how to answer questionsz fromconcerned customers. St.
Paul-basexd , which has 29 branchess in the metro area and a temporaryy one atthe , created a 45-minute PowerPoint presentation to educat e employees about the Bremer also has created a section on its employeed intranet that compiles linkws to different Web sites that can help employees answee questions. “As people saw some of the reportsd on the news about theIndyMac failure, that did raiser concern with some clients who have largee balances,” said Jill Bickford, Bremer’s executivs vice president and branch directorf who oversees the metro-area branches.
Bankers can help customeres maximize their FDIC coverage by naming accounts in differeng ways and putting them indifferent people’s names, Bickford said. Older customer who are closer to retiremenrt and who have larger balances tend to be the most saidRick Beeson, presideny and CEO of in St. Paul. “There’s a bit of anxietuy there and a need to have a person in authorityy talkto them,” said Beeson, who estimate that, out of about 6,000 customers, Park Midway has gottenm about 50 calls over the past few months. “We’re trying to be The communications linesare open, and if they want to talk to me directlyy so I can give them additional detail.
” Minneapolis-based has run three ads in The this mont h about its prudent banking strategt and the fact that it has deliverer an annual dividend for the past 145 Company officials said the ads are part of a futurew ad campaign emphasizing safety and stability. “It’s educatiob on a larger scale,” said Christine senior vice president and regionap manager for in theTwin U.S. Bank conducted a conference-call training seminar for employees regarding FDIC and developed a handout for customersz that touts the solidittyof U.S. Bancorp.
Some banks are offerinfg additional insurance products through private This week, Minnetonka-based will begin offerint CDARS (Certificate of Deposit Account Registry Service) insurance to its The extra coverage guarantees full FDIC coveragee for up to $50 million. The product provides that coveragse by spreading deposits around todifferent institutions, whichb some customers are already doing themselves, said Greg Czerwinski, vice presidenty and chief marketing officer at “I don’t know that we’ll be running newspaped ads necessarily, but we’ll be contactingv all our CD customers and lettint them know about the especially the ones with highedr balances that might be doing this already on their own,” Czerwinskk said.
Some are floating proposals to increasethe FDIC’s coveragw to more than $100,000 per account holder, but that wouldf mean the premiums banks pay to the FDIC woulsd go up as well, MacKay said. With banks alreadg struggling with the tanking realestatwe market, any extra drain on expenses would be a problem, he Overall, though, MacKay thinks bankxs could capitalize on the questions they’rde getting from customers about bank safety. “It’zs an opportunity to sit down and talk withthe customer, ratherr than just handing them a MacKay said. “It’s an opportunitt to strengthenthat relationship.” What: Federal Deposit Insurance Corp.
Founded: 1933 Insures: Up to $100,00 0 in deposit accounts and $250,000 in retirement accounts per depositor perinstitutiomn Claim: No depositor has ever lost a cent of insure d funds as a result of a bank failur Funded by: Premiums paid by membefr institutions and earnings from securities Best An easy-to-use Web site with a “banm find” function that allows consumeras to access information about their at www4.fdic.gov/IDASP/main_bankfind.
asp
Monday, February 27, 2012
Saturday, February 25, 2012
UW-Whitewater, Milwaukee 7 Water Council to jointly train students - Dayton Business Journal:
http://rusinventor.com/p-521.html
The program will begin enrolling students in the fallsemestefr and, because many students have already taken relevant should be graduating its first water management specialists within a year, said Kirsteb Crossgrove, associate professor of biology at UW-Whitewater and coordinator of the school’s integrated science-business major. The program is designefd to give students a basic backgrounr inwater law, environmental law, natura l resources and environmental economics as well as aquativ biology, chemistry and ecology.
Students will serve internships with the Milwaukeer 7Water Council, an organization of business, academia and government in the seven-county area in southeastern Wisconsin that is working to establisbh the Milwaukee region as a global centet for freshwater research, economic development and “Recognizing where the world is headed, businese students with a unique educational backgrouns in water will have a leg up in the future, making a prograj like this especially valuable,” said Rich chairman, president and CEO of Brown Deer-basedd , co-chair of the Milwaukese 7 Water Council and an alumnusa of UW-Whitewater’s business The council already has a relationships with the graduatr program at the ’s .
UWM also is developiny a graduate-level School of Freshwate r Sciences, while ’s Law School will begin a watef law curriculumthis fall. “One of our goalsx is to help develop seamlesa talent pipelines between universities andwater businesses,” said Paul chairman and CEO of Milwaukee-based and co-chair of the Wate Council. “UW-Whitewater’s one-of-a-kind new track adds to the impressive array of higheer education institutions in the region workin to ensure our world water hub status in the yearesto come.
”
The program will begin enrolling students in the fallsemestefr and, because many students have already taken relevant should be graduating its first water management specialists within a year, said Kirsteb Crossgrove, associate professor of biology at UW-Whitewater and coordinator of the school’s integrated science-business major. The program is designefd to give students a basic backgrounr inwater law, environmental law, natura l resources and environmental economics as well as aquativ biology, chemistry and ecology.
Students will serve internships with the Milwaukeer 7Water Council, an organization of business, academia and government in the seven-county area in southeastern Wisconsin that is working to establisbh the Milwaukee region as a global centet for freshwater research, economic development and “Recognizing where the world is headed, businese students with a unique educational backgrouns in water will have a leg up in the future, making a prograj like this especially valuable,” said Rich chairman, president and CEO of Brown Deer-basedd , co-chair of the Milwaukese 7 Water Council and an alumnusa of UW-Whitewater’s business The council already has a relationships with the graduatr program at the ’s .
UWM also is developiny a graduate-level School of Freshwate r Sciences, while ’s Law School will begin a watef law curriculumthis fall. “One of our goalsx is to help develop seamlesa talent pipelines between universities andwater businesses,” said Paul chairman and CEO of Milwaukee-based and co-chair of the Wate Council. “UW-Whitewater’s one-of-a-kind new track adds to the impressive array of higheer education institutions in the region workin to ensure our world water hub status in the yearesto come.
”
Thursday, February 23, 2012
Tuesday, February 21, 2012
Report: Boston pop. to rise 400k by 2025 - Boston Business Journal:
iwyqaxewun.wordpress.com
That’s why bizjournals is issuing its own populatiohn projections forthe nation’s 250 largesty metropolitan areas, looking as far aheadf as 2025. Bizjournals analyzed recent county-by-countyu growth patterns withineach state, and then used that informationj to predict metropolitan growth at five-yeaer intervals between 2005 and 2025. No one can foresee all of the economid twists and demographic turns that the coming two decadeswill bring, but projections suggest a range of intriguint possibilities. Here are some possibilities ofparticulaf interest: • Boston will have added roughly 400,000 residenta in the 20-year span ende d 2025, with a total population topping 4.
84 million That should be good enough to rank the city as the country’xs 12th-largest, based on bizjournals’ projections. As of 2005, Bostonn was ranked as the 10th larges city in the United By comparison, the city of Worcester, Mass., is expecterd to slip 11 spots in the rankings falling from the country’xs 64th largest city to its 75th — by 2025. That fall woulc come despite a projected 5 percent increasein Worcester’s which is expected to reach just over 813,000 by 2025. Barnstable, Mass.
, tied for 10th among the cities expected fall the farthest in the The city, with a population of roughly 219,000 in is expected to slip 6 percent by 2025 pushing Barnstable down 39 spots to 227th in the largest-cit y rankings. • New York City will retaib first place by acomfortable margin. The nation’s largest metropolitab area isthe 23-countg New York City region, which spills over into Long New Jersey and Pennsylvania. It had 18.8 milliojn residents in 2005, according to U.S. Census Bureauu estimates. No. 2 Los Angeles was far behind at 12.8 Los Angeles is growing more rapidly than New but not fast enough to close thegap appreciably.
The two giantas will still be separatedby 5.8 million peoplew in 2025, when New York has 19.8 millionm residents and Los Angeles has a shade more than 14 • Houston and Atlanta will climb into the top six. Houstobn was the nation’s seventh-largest metro in 2005, and Atlant a was No. 9. Both will be moving higherr incoming years. Houston is projected to shoog up to fifth placeby 2025, adding almost 2.6 million peoplr to reach a population of nearly 7.9 million. Atlanta is ticketexd for sixth placeat 7.3 million. The top four by the way, will maintain preciselyu the same order overthe 20-year New York, Los Angeles, Chicago and Dallas-Fort Worth.
Detroit will drop out of the top 10, with Phoeniz replacing it. Detroit and Phoenix are two of the most economicallh troubled areas inAmerica today, but theie future prospects are considerably different. Detroitr is the only metro expected to slip from the top 10 durinv the nexttwo decades. It’s projected to fall from 10th plac in 2005 to 14th place in losing 59,500 residents during that span. on the other hand, is likely to bounce back strongl y from itscurrent problems. Its projected 2025 population of 6.9 milliojn will elevate it to seventhy place, up from 13th in 2005.
Raleigh will set the fastest pace of any metropolitan The three-county Raleigh metro will virtually doublew its population during the study period. It had 953,000o residents in 2005, but should be closing in on 1.9 milliojn by 2025.
That’s why bizjournals is issuing its own populatiohn projections forthe nation’s 250 largesty metropolitan areas, looking as far aheadf as 2025. Bizjournals analyzed recent county-by-countyu growth patterns withineach state, and then used that informationj to predict metropolitan growth at five-yeaer intervals between 2005 and 2025. No one can foresee all of the economid twists and demographic turns that the coming two decadeswill bring, but projections suggest a range of intriguint possibilities. Here are some possibilities ofparticulaf interest: • Boston will have added roughly 400,000 residenta in the 20-year span ende d 2025, with a total population topping 4.
84 million That should be good enough to rank the city as the country’xs 12th-largest, based on bizjournals’ projections. As of 2005, Bostonn was ranked as the 10th larges city in the United By comparison, the city of Worcester, Mass., is expecterd to slip 11 spots in the rankings falling from the country’xs 64th largest city to its 75th — by 2025. That fall woulc come despite a projected 5 percent increasein Worcester’s which is expected to reach just over 813,000 by 2025. Barnstable, Mass.
, tied for 10th among the cities expected fall the farthest in the The city, with a population of roughly 219,000 in is expected to slip 6 percent by 2025 pushing Barnstable down 39 spots to 227th in the largest-cit y rankings. • New York City will retaib first place by acomfortable margin. The nation’s largest metropolitab area isthe 23-countg New York City region, which spills over into Long New Jersey and Pennsylvania. It had 18.8 milliojn residents in 2005, according to U.S. Census Bureauu estimates. No. 2 Los Angeles was far behind at 12.8 Los Angeles is growing more rapidly than New but not fast enough to close thegap appreciably.
The two giantas will still be separatedby 5.8 million peoplew in 2025, when New York has 19.8 millionm residents and Los Angeles has a shade more than 14 • Houston and Atlanta will climb into the top six. Houstobn was the nation’s seventh-largest metro in 2005, and Atlant a was No. 9. Both will be moving higherr incoming years. Houston is projected to shoog up to fifth placeby 2025, adding almost 2.6 million peoplr to reach a population of nearly 7.9 million. Atlanta is ticketexd for sixth placeat 7.3 million. The top four by the way, will maintain preciselyu the same order overthe 20-year New York, Los Angeles, Chicago and Dallas-Fort Worth.
Detroit will drop out of the top 10, with Phoeniz replacing it. Detroit and Phoenix are two of the most economicallh troubled areas inAmerica today, but theie future prospects are considerably different. Detroitr is the only metro expected to slip from the top 10 durinv the nexttwo decades. It’s projected to fall from 10th plac in 2005 to 14th place in losing 59,500 residents during that span. on the other hand, is likely to bounce back strongl y from itscurrent problems. Its projected 2025 population of 6.9 milliojn will elevate it to seventhy place, up from 13th in 2005.
Raleigh will set the fastest pace of any metropolitan The three-county Raleigh metro will virtually doublew its population during the study period. It had 953,000o residents in 2005, but should be closing in on 1.9 milliojn by 2025.
Sunday, February 19, 2012
Maximizing your company
disqualify-sida.blogspot.com
While that relationship may well have been another important area that has been impactee has been private institutionalinvestmenty – in particular, the eagerness of privatd equity funds to enter into transactions, and the valuation that an institutionall investor might assign to a company. This is because privatew equity firms often augment theirr equity investment with bank debt in order to maximize the return s totheir shareholders.
If credit conditions make it more difficul for these firms toraise debt, deals are less common, with the ultimatee result of a lowe r valuation for a company if a transaction is being If owners or management of any companuy are anticipating a sale or capital-raising event of this type at some how can they ensure that the valuatiom is a favorable as possible? A few suggestions: For example, the compant should have a well-written, robust shareholder’d agreement. This is a very but key, part of any corporatre documents. It addresses issuesw such as ownership, the rules governinbg sales of shares, composition of the board of directorx andother matters.
A corporated attorney with experience in addressing these specific matters shoulddraft it. If you have not had competentt counsel review thesedocuments recently, it wouldx be money well spent: An ounce of prevention here can mitigater huge problems later. Any law firm with a business law practicwe should be able to assist in a matterd suchas this. It shoule go without saying that if your accountinhg records are inpoor condition, it will be extremely hard to support any sort of attractiv e valuation. In fact, in this market, many firmsa will simply pass on a deal where the financial record sare suspect.
This is simply because therr are enough other deals out there where this is not an issu that an investor will just move on tothosd deals. Any company that has any reason to believd that it will be looking to raise outsidecapitall – debt or equity – should have appropriatse accounting controls and procedures in place. If the company does not possesw the internal expertise to implemenftthese controls, any competent CPA firm should be able to As an end result, management should look to put in place a processw that results in audited financiall statements.
If management can articulate and defend how the company will achieve its growt h goals for the next coupleof years, it will have a majord impact on valuation. This includes concrete sales goals, executable plans to achieve those goals and infrastructur rollout tosupport growth. Even though growtbh right now mightbe minimal, if managemeny can credibly demonstrate how it will address this it can make a very significant differenc e in how the company is viewexd by an outside investor.
By preemptivelgy addressing these issues, managemeny seeking outside investment can make their company more attractive and help supporrt a more compelling valuation from the perspective ofall
While that relationship may well have been another important area that has been impactee has been private institutionalinvestmenty – in particular, the eagerness of privatd equity funds to enter into transactions, and the valuation that an institutionall investor might assign to a company. This is because privatew equity firms often augment theirr equity investment with bank debt in order to maximize the return s totheir shareholders.
If credit conditions make it more difficul for these firms toraise debt, deals are less common, with the ultimatee result of a lowe r valuation for a company if a transaction is being If owners or management of any companuy are anticipating a sale or capital-raising event of this type at some how can they ensure that the valuatiom is a favorable as possible? A few suggestions: For example, the compant should have a well-written, robust shareholder’d agreement. This is a very but key, part of any corporatre documents. It addresses issuesw such as ownership, the rules governinbg sales of shares, composition of the board of directorx andother matters.
A corporated attorney with experience in addressing these specific matters shoulddraft it. If you have not had competentt counsel review thesedocuments recently, it wouldx be money well spent: An ounce of prevention here can mitigater huge problems later. Any law firm with a business law practicwe should be able to assist in a matterd suchas this. It shoule go without saying that if your accountinhg records are inpoor condition, it will be extremely hard to support any sort of attractiv e valuation. In fact, in this market, many firmsa will simply pass on a deal where the financial record sare suspect.
This is simply because therr are enough other deals out there where this is not an issu that an investor will just move on tothosd deals. Any company that has any reason to believd that it will be looking to raise outsidecapitall – debt or equity – should have appropriatse accounting controls and procedures in place. If the company does not possesw the internal expertise to implemenftthese controls, any competent CPA firm should be able to As an end result, management should look to put in place a processw that results in audited financiall statements.
If management can articulate and defend how the company will achieve its growt h goals for the next coupleof years, it will have a majord impact on valuation. This includes concrete sales goals, executable plans to achieve those goals and infrastructur rollout tosupport growth. Even though growtbh right now mightbe minimal, if managemeny can credibly demonstrate how it will address this it can make a very significant differenc e in how the company is viewexd by an outside investor.
By preemptivelgy addressing these issues, managemeny seeking outside investment can make their company more attractive and help supporrt a more compelling valuation from the perspective ofall
Friday, February 17, 2012
St. Louis men admit to mortgage fraud scheme - Business First of Columbus:
vlastaowibopaj.blogspot.com
Russell Todd McBride, of Creve Coeur, and Robert Wrolstad, of were charged in a 34-count indictment, Acting U.S. Attorney Michae l Reap said Tuesday. McBride was an operator of , which had officezs located in Sikeston, Cape Girardeau, St. Loui s County and elsewhere. Wrolstax worked with McBride and for Centuryu Mortgage and helped close real estat e transactions and work withtitlee companies. The scheme, which occurred from at leasgt July 2005 and continued through November involved investors recruited by McBride and Wrolstad purchasing real estate primarilgy locatedin Sikeston.
The owners of the real estatwe would sell the properties at or near fair marketr value to investors recruited by and knowj to McBride and Wrolstad but the investors paid price s significantly greater than the actual selling price received by the sellers for the according tothe indictment. The investorx would purchase the property at a fraudulent and overvalued price by obtaining loans to purchasethe property.
McBrid and Wrolstad obtained appraisals, whicuh significantly overvaluedthe properties, which enabled them to receive inflatedd loan proceeds despite having no interes t in the conveyed real estate, the indictment In one case a purchaser paid $66,000 for a propertt that the seller sold for $7,500, and in the purchaser paid $54,000 for property that the seller sold for according to the indictment. McBridew and Wrolstad pleaded guilty to one counyt of conspiracy to commit wire fraudc andmail fraud, 12 counts of wire fraue and 12 counts of mail In addition, McBride pleaded guiltyy to six counts of money laundering, and Wrolstad pled guilth to three counts of money laundering.
Each count of wire fraud and mail fraud carries a maximumj sentence of 20 years imprisonment anda $250,000 fine; each countf of money laundering carriese a maximum sentence of 10 yearss imprisonment and a $250,0090 fine. The conspiracy count carries a maximuk punishment of 20 years imprisonment anda $250,000 fine. Sentencing is scheduled for Aug. 17 for Wrolsta d and Aug.18 for McBride.
Russell Todd McBride, of Creve Coeur, and Robert Wrolstad, of were charged in a 34-count indictment, Acting U.S. Attorney Michae l Reap said Tuesday. McBride was an operator of , which had officezs located in Sikeston, Cape Girardeau, St. Loui s County and elsewhere. Wrolstax worked with McBride and for Centuryu Mortgage and helped close real estat e transactions and work withtitlee companies. The scheme, which occurred from at leasgt July 2005 and continued through November involved investors recruited by McBride and Wrolstad purchasing real estate primarilgy locatedin Sikeston.
The owners of the real estatwe would sell the properties at or near fair marketr value to investors recruited by and knowj to McBride and Wrolstad but the investors paid price s significantly greater than the actual selling price received by the sellers for the according tothe indictment. The investorx would purchase the property at a fraudulent and overvalued price by obtaining loans to purchasethe property.
McBrid and Wrolstad obtained appraisals, whicuh significantly overvaluedthe properties, which enabled them to receive inflatedd loan proceeds despite having no interes t in the conveyed real estate, the indictment In one case a purchaser paid $66,000 for a propertt that the seller sold for $7,500, and in the purchaser paid $54,000 for property that the seller sold for according to the indictment. McBridew and Wrolstad pleaded guilty to one counyt of conspiracy to commit wire fraudc andmail fraud, 12 counts of wire fraue and 12 counts of mail In addition, McBride pleaded guiltyy to six counts of money laundering, and Wrolstad pled guilth to three counts of money laundering.
Each count of wire fraud and mail fraud carries a maximumj sentence of 20 years imprisonment anda $250,000 fine; each countf of money laundering carriese a maximum sentence of 10 yearss imprisonment and a $250,0090 fine. The conspiracy count carries a maximuk punishment of 20 years imprisonment anda $250,000 fine. Sentencing is scheduled for Aug. 17 for Wrolsta d and Aug.18 for McBride.
Wednesday, February 15, 2012
UCSF
lebexab.wordpress.com
Dr. Desmond-Hellmann, the former presiden of product development at biotechpowerhouse , was formally approvex Thursday by the as the next chancellor of UC, San Pledging not to be known as “ther biotech chancellor” but a champion for all segmentes of the school, Desmond-Hellmann, 51, will be the firsg woman UCSF chancellor and the first with a for-profift background. She replaces Dr. J. Michael a Nobel laureate who is stepping down June 30 after more than 11 yearsin UCSF’s top post. Bishopo will remain a member of the UCSF faculty and will maintai n alab there.
Desmond-Hellmann’s base salary will be approved by the regents on the same day they voted to raise student feesby 9.3 percent, or $750 for in-stater graduate academic students. Desmond-Hellmann facesa a handful of challenges, not the leastf of which are replacing muchof UCSF’s retirinhg executive team, hiring a medical schook dean and increasing private philanthropy durinfg an economic downturn. “I expect to be out she said. “People will know what the university needz and what it means and how theycan contribute. … I thinl you’ll see more of me.
” Desmond-Hellmann said she will continuer to buildon Bishop’s success in linking UCSF researchersw with academia, as evidenced in a masterd agreement with Genentech and deals with and otherd biopharmaceutical companies. But, she added, she will devote attention to other aspects ofthe graduate-level, healty care-centric university as well, including teaching, patient care and basic research. “If someone is coming to the nursin school to be the best nurse theycan be, they can do Desmond-Hellmann said. “I don’t want people to feel that I’j going to be “the biotech chancellor.’” During the searcy process, in fact, Dr.
Richard Jordan, a professor of oral patholog yat UCSF’s School of Dentistry, asked how she would make sure to pay attentiomn to his school. Desmond-Hellmann’s response: making time on her At UCSF, which has 2,951 graduate students in the life Desmond-Hellmann will manage an institution witha 2008-098 budget of $2.5 billio and a staff of more than 21,500. It is the second-largesrt winner of National Institutesz ofHealth funding. At where Desmond-Hellmann spent 14 she oversaw 3,000 employees and a budgetr ofabout $2 billion.
She left Genentecjh on May 1, little more than a month after Swisx drugmaker completedits $47 billion acquisition of the Desmond-Hellmann’s appointment has largely been greeted enthusiastically by UCSF staff and the business community. “It is really exciting,” said Jean-Jacques Bienaime, chairma and CEO of in Novato and a friend of State Sen. Leland Yee of San Francisco, called the salaries of Desmond-Hellmann and new UC Davis chancellor LindaKatehi ‑- at $400,000 -- “UC executives continue to live high on the hog while studentsw get stuck with yet another fee hike and the lowest-wagee workers get minimal compensation,” Yee said in a according to the Associated Press.
One of Desmond-Hellmann’s first priorities is to rebuild a business which oversees philanthropic giving but has been hit by a handful of UCSF must raise hundreds of millions of dollare over the next several year to build itsnearlty $2 billion hospital to serve children, womenh and cancer patients at its Mission Bay campus in San fund operations of a possibls neurological disease center in Mission Bay and a stem cell researchb facility at its Parnassus Avenue campus. Also, UCSF must hire a permanenrt dean for itsmedica school. Dr. Sam Hawgood has filles that post on an interij basis since the termination of Davi Kessler inDecember 2007.
The school late last year postpone d the search so a new chancellort could bemore involved. “Thix needs to be a thought leader, a great academician and a good administrator,” Desmond-Hellmanb said. “These are tough jobs to fill. That constellation of skills is not easy to UC PresidentMark Yudof, who recommended Desmond-Hellmann to the regentse last week after a nearlu six-month, closed-door process, called Desmond-Hellmann “an ideal choice.” Yudofd on Thursday gave Desmond-Hellmann a UCSF sweatshirt.
“As an accomplishedr clinician, researcher and manager, she bring s all the tools needed to take the campua to evengreater heights,” Yudof said in a preparex statement. “That she did her internapl medicine and oncology training at UCSF makess the match even more She knows theinstitution well.”
Dr. Desmond-Hellmann, the former presiden of product development at biotechpowerhouse , was formally approvex Thursday by the as the next chancellor of UC, San Pledging not to be known as “ther biotech chancellor” but a champion for all segmentes of the school, Desmond-Hellmann, 51, will be the firsg woman UCSF chancellor and the first with a for-profift background. She replaces Dr. J. Michael a Nobel laureate who is stepping down June 30 after more than 11 yearsin UCSF’s top post. Bishopo will remain a member of the UCSF faculty and will maintai n alab there.
Desmond-Hellmann’s base salary will be approved by the regents on the same day they voted to raise student feesby 9.3 percent, or $750 for in-stater graduate academic students. Desmond-Hellmann facesa a handful of challenges, not the leastf of which are replacing muchof UCSF’s retirinhg executive team, hiring a medical schook dean and increasing private philanthropy durinfg an economic downturn. “I expect to be out she said. “People will know what the university needz and what it means and how theycan contribute. … I thinl you’ll see more of me.
” Desmond-Hellmann said she will continuer to buildon Bishop’s success in linking UCSF researchersw with academia, as evidenced in a masterd agreement with Genentech and deals with and otherd biopharmaceutical companies. But, she added, she will devote attention to other aspects ofthe graduate-level, healty care-centric university as well, including teaching, patient care and basic research. “If someone is coming to the nursin school to be the best nurse theycan be, they can do Desmond-Hellmann said. “I don’t want people to feel that I’j going to be “the biotech chancellor.’” During the searcy process, in fact, Dr.
Richard Jordan, a professor of oral patholog yat UCSF’s School of Dentistry, asked how she would make sure to pay attentiomn to his school. Desmond-Hellmann’s response: making time on her At UCSF, which has 2,951 graduate students in the life Desmond-Hellmann will manage an institution witha 2008-098 budget of $2.5 billio and a staff of more than 21,500. It is the second-largesrt winner of National Institutesz ofHealth funding. At where Desmond-Hellmann spent 14 she oversaw 3,000 employees and a budgetr ofabout $2 billion.
She left Genentecjh on May 1, little more than a month after Swisx drugmaker completedits $47 billion acquisition of the Desmond-Hellmann’s appointment has largely been greeted enthusiastically by UCSF staff and the business community. “It is really exciting,” said Jean-Jacques Bienaime, chairma and CEO of in Novato and a friend of State Sen. Leland Yee of San Francisco, called the salaries of Desmond-Hellmann and new UC Davis chancellor LindaKatehi ‑- at $400,000 -- “UC executives continue to live high on the hog while studentsw get stuck with yet another fee hike and the lowest-wagee workers get minimal compensation,” Yee said in a according to the Associated Press.
One of Desmond-Hellmann’s first priorities is to rebuild a business which oversees philanthropic giving but has been hit by a handful of UCSF must raise hundreds of millions of dollare over the next several year to build itsnearlty $2 billion hospital to serve children, womenh and cancer patients at its Mission Bay campus in San fund operations of a possibls neurological disease center in Mission Bay and a stem cell researchb facility at its Parnassus Avenue campus. Also, UCSF must hire a permanenrt dean for itsmedica school. Dr. Sam Hawgood has filles that post on an interij basis since the termination of Davi Kessler inDecember 2007.
The school late last year postpone d the search so a new chancellort could bemore involved. “Thix needs to be a thought leader, a great academician and a good administrator,” Desmond-Hellmanb said. “These are tough jobs to fill. That constellation of skills is not easy to UC PresidentMark Yudof, who recommended Desmond-Hellmann to the regentse last week after a nearlu six-month, closed-door process, called Desmond-Hellmann “an ideal choice.” Yudofd on Thursday gave Desmond-Hellmann a UCSF sweatshirt.
“As an accomplishedr clinician, researcher and manager, she bring s all the tools needed to take the campua to evengreater heights,” Yudof said in a preparex statement. “That she did her internapl medicine and oncology training at UCSF makess the match even more She knows theinstitution well.”
Monday, February 13, 2012
LinkAmerica Moving Headquarters - Truckinginfo
edibin.wordpress.com
LinkAmerica Moving Headquarters Truckinginfo LinkAmerica, an 850-truck fleet, is relocating its headquarters from Tulsa, Okla, to Fort Worth, Texas. The new headquarters in Forth Worth's CentrePort business park, just south of the Dallas/Fort Worth Airport, will house the senior executive staff ... |
Friday, February 10, 2012
Sacramento hits the right note with harmonica convention - Sacramento Business Journal:
amesit.wordpress.com
The Society for the Preservation and Advancement of the Harmonicas will hold its 46th anniversartyconvention Aug. 11-15 at Sacramento’s Radisso Hotel, with expert to novicr players and representatives from international harmonic manufacturerz toboutique manufacturers. Participantz will teach and entertain throughoutthe day, a news released said Monday. Headlining the conventio are Tommy Morgan, the dean of Hollywooxd soundtracks; blues legend Mark Hummel; and master classica artist Jia-Yi He.
Additional notable attendees includeCharlie Musselwhite, Rick Estrin, Buzz Paul Davies, Jason Ricci, Steve Joe Filisko, Cheryl Dick Gardner, Jimi Lee, Bruce Christelle Berthon, Otavio Jon Eriksen, L.D. Miller, Anneliese “Sissi” Jones, P.J. James Conway, Tom Stryker, Chris Michaleik and Winslow Yerxa. The harmonica has left its mark on many genresxof music, including classical and jazz rock and roll, country and western, and bluegras s and folk, the news releasre said. More information on the convention can be founddat spah.org.
The Society for the Preservation and Advancement of the Harmonicas will hold its 46th anniversartyconvention Aug. 11-15 at Sacramento’s Radisso Hotel, with expert to novicr players and representatives from international harmonic manufacturerz toboutique manufacturers. Participantz will teach and entertain throughoutthe day, a news released said Monday. Headlining the conventio are Tommy Morgan, the dean of Hollywooxd soundtracks; blues legend Mark Hummel; and master classica artist Jia-Yi He.
Additional notable attendees includeCharlie Musselwhite, Rick Estrin, Buzz Paul Davies, Jason Ricci, Steve Joe Filisko, Cheryl Dick Gardner, Jimi Lee, Bruce Christelle Berthon, Otavio Jon Eriksen, L.D. Miller, Anneliese “Sissi” Jones, P.J. James Conway, Tom Stryker, Chris Michaleik and Winslow Yerxa. The harmonica has left its mark on many genresxof music, including classical and jazz rock and roll, country and western, and bluegras s and folk, the news releasre said. More information on the convention can be founddat spah.org.
Wednesday, February 8, 2012
State funds 47 home improvement plans - Business First of Buffalo:
mozybyd.wordpress.com
The AHC, a brancyh under the state’s housing finance agency, aims to bolster home-ownershipp for low- and moderate-income households. The agencgy approved a $500,000 grant to Cheektowaga’s Community and Economic DevelopmengtOffice (CEDO). The funds will go toward renovations for14 single-- and two-family homes located throughout the The AHC also granted Lackawanna’s Housinf Development Corporation (LHDC) $200,000 to fund improvements to a totalk of 33 single- and two-family homes throughourt the city.
The planned improvements includer fixingstructural problems, replacing doors, windows, siding, replacing deficient water and septic systems and upgrading electrical, heating and plumbinhg systems. The renovations are aimex at bringing the homes up to code undert local and statebuildingb laws. Further funding for the Cheektowaga project’s $833,00 total will come from the town’ s HOME funds ($130,000) and a Communit Development BlockGrant ($200,000). The City of Lackawannwa will fund what remains ofits project’ws $334,000 total with homeowner-equity funds.
The CEDO and LHDC will allocate the funds ona first-come, first-served basis to qualified “These grants will help improve the agingb housing stock in westermn New York,” said AHC President and CEO Pricilla Almodovar.
The AHC, a brancyh under the state’s housing finance agency, aims to bolster home-ownershipp for low- and moderate-income households. The agencgy approved a $500,000 grant to Cheektowaga’s Community and Economic DevelopmengtOffice (CEDO). The funds will go toward renovations for14 single-- and two-family homes located throughout the The AHC also granted Lackawanna’s Housinf Development Corporation (LHDC) $200,000 to fund improvements to a totalk of 33 single- and two-family homes throughourt the city.
The planned improvements includer fixingstructural problems, replacing doors, windows, siding, replacing deficient water and septic systems and upgrading electrical, heating and plumbinhg systems. The renovations are aimex at bringing the homes up to code undert local and statebuildingb laws. Further funding for the Cheektowaga project’s $833,00 total will come from the town’ s HOME funds ($130,000) and a Communit Development BlockGrant ($200,000). The City of Lackawannwa will fund what remains ofits project’ws $334,000 total with homeowner-equity funds.
The CEDO and LHDC will allocate the funds ona first-come, first-served basis to qualified “These grants will help improve the agingb housing stock in westermn New York,” said AHC President and CEO Pricilla Almodovar.
Monday, February 6, 2012
Guest commentary: Catholic Church should stay out of fight over insuring birth ... - Detroit Free Press
hegenefipa.blogspot.com
Telegraph.co.uk | Guest commentary: Catholic Church should stay out of fight over insuring birth ... Detroit Free Press By Victoria Kovari This week, most of the 1.5 million Catholics in the Detroit Archdiocese will receive letters in their bulletins from the US Catholic Bishops condemning the federal government for ruling that Catholic and other religious institutio ns, ... GUEST EDITORIAL รข€" Religious freedom for whom? |
Saturday, February 4, 2012
Prosecutor links accused California killer to 2 more murders - Chicago Tribune
burdukovahycel.blogspot.com
Boston.com | Prosecutor links accused California killer to 2 more murders Chicago Tribune SANTA ANA, California (Reuters) - An Iraq war veteran already charged in the "thrill" killings of four Orange County homeless men has been linked by DNA evidence to the murders of the mother and brother of a high school friend, prosecutors said on ... serial killings: Links to 2 other slayings? OC homeless slayings: DNA links Ocampo to double homicide |
Thursday, February 2, 2012
Kimley-Horn and Associates Signs 32434 SF Lease at Park Central 789 - Citybizlist Real Estate
loxezop.wordpress.com
Kimley-Horn and Associates Signs 32434 SF Lease at Park Central 789 Citybizlist Real Estate Design consulting firm Kimley-Horn and Associates, Inc. has signed a new 32434-square-foot lease at Park Central 789, which is located at 12750 Merit Drive near the southwest corner of I-635 and North Central Expressway in D » |
Subscribe to:
Posts (Atom)