Saturday, June 30, 2012

Pa. outpatient surgical centers gaining profits and popularity, report says - Philadelphia Business Journal:

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Between June 2007 and May 2008, 17 new ambulatorgy surgical centers opened in bringing the statewide total to245 — 76 of whicgh are in the five-countyg Philadelphia region. The study also found the total margin recorded by the outpatient centersincreased 3.9 pointws to 24.7 percent in fiscal 2007 from 20.85 percenrt in fiscal 2006. "While this most recent growthu innew [ambulatory surgical centers] is not as brisjk as the prior 12-month period when 28 new facilities opened, it stilll reflects the ongoing outpatient surgery trend," said David R. Kreider, PHC4's chairman.
“[Ambulatoryg surgical centers], which outnumber the state’s acute-carr hospitals [245 to 170)] continus to perform remarkably well.” The Hospital Healthsystem Associationof Pennsylvania, a trade group based in said the report showss how the proliferation of ambulatory surgery centers continues to increase the pressure on acute-care hospitals at the same time that the nationalo economic downturn threatens to further weakenm hospitals. HAP President and CEO Carolyn F.
Scanlan notec acute-care hospitals have had total margins of 4 percentf or lower in 10 of the last13 “This report should draw the attention of legislators and regulatorzs as they examine the extent to which ambulatory surgery centers, which now far outnumber general acutde care hospitals, are driving the increase in health-cared costs,” Scanlan said. “With [ambulatory surgeryt centers] already removing profitable servicesw from community hospitals and treatinyghealthier — and usually insured patients, the current economicc crisis is exacerbating the financial strainj on our acute-care The PHC4 reports also looked at the performance of specialtgy hospitals in the state.
The agency foun d changes in the Medicare eligibilithy and reimbursement rules have resulted in fewer elderly patients covered by the federa health insurance program receiving careat long-term acute-care hospitals and fewer patients being treatedr at rehabilitation hospitals. Statewide average operatingf marginsat long-term-care hospitals dipped to 3.09 percenr in fiscal 2007 from 3.72 percent in fiscal 2006. Rehabilitation hospitals also saw their average operating margin fall over the past two yeardfrom 12.24 percent in fiscal 2005 to 9.06 percent in fiscal 2007. Psychiatrixc hospitals posted a small improvement in theier averageoperating margin, which rose 0.4 pointsd to 5.69 percent.

Thursday, June 28, 2012

Salvation Army agrees to sell Pittsburgh property to Polaris Real Estate Equities - Pittsburgh Business Times:

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“We are officially under contract on the Salvatiojn Army building with full approvals fromNew York,” said Guy Totino, a principall of Polaris and a Pittsburgh native. “We’re beginning to markey the building for various Polaris its initial sales agreement in With an agreementin O’Hara-based will begin marketing the 93,000-square-foot building for office and educationak use. The building’s unique which includes a swimming pool, sanctuary and clase rooms on the firstthree floors, could also be of use to nearbt colleges, such as and the .
The buildinyg also will undergo an extensive due diligence process to assessthe structure’sw condition and the cost issues involveed in rehabbing it. A closing date for the sale has not yetbeen

Wednesday, June 27, 2012

Missouri engineers tackle new challenges on Honduras training ... - DVIDS

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Missouri engineers tackle new challenges on Honduras training ...

DVIDS


QUIMISTAN, Honduras รข€" As members of a multi-role bridge company, the Missouri National Guardsmen of the 1438th Engineer Company are used to building ...



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Tuesday, June 26, 2012

After winning right to spend, political groups fight for secrecy - Los Angeles Times

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AFP


After winning right to spend, political groups fight for secrecy

Los Angeles Times


Conservatives who argued for unlimited political spending in Citizens United and other court cases said donor disclosure could prevent corruption. Now many ...


More lawsuits could affect Montana campaign finance, disclosure laws

The Missoulian


Justices overturn Montana ban on corporate political spending

Seacoastonline.com


State campaign law in question

Minneapolis Star Tribune


Fort Wayne Journal Gazette -New York Times -ABC News (blog)


 »

Sunday, June 24, 2012

Seoul shares seen higher on pro-growth euro zone pledge - Reuters

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Seoul shares seen higher on pro-growth euro zone pledge

Reuters


SEOUL, June 25 (Reuters) - Seoul shares are seen higher onMonday, after leaders of the four-largest nations in the eurozone agreed on a 130 billion euro ...



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Saturday, June 23, 2012

Report: Foreclosures are top sellers - East Bay Business Times:

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said banks that are willing to deal on foreclosee units are driving the firstquarterd activity. For example, Shoma at Keys Cove in southu Miami-Dade County sold the most, with 50 units closin g in thefirst quarter. The Vue at Brickellp sold 25 condos, ranking it seventh on top-10 list. “Many banks have takehn ownership of units in these buildingse and are looking toget out,” said Adam Cappel, president of CondoReports.com. “Banks, either through short sales or unitds they own as a resultgof foreclosures, are the most activ e sellers in today’s market as they are willing to accept marker prices.
” The 10 most active buildings produced an averagde of 29 sales, or one sale everyh three days. The buildings accounted for more than 11 perceng of all condo sales in according toa CondoReports.com news Most of the activity is tied to individual unit sales, and not bulk buys, Cappel said. “Thesed buildings are moving toward stability as speculative investors and thinlyu capitalized owners are being replaced with either owner-occupant or well-capitalized, patient investorsd buying in at a much lowe r cost,” Cappel said in the “Most are individual unit The study looked at closed salesx in 2,000 condo projects with at least 50 units throughout The study excluded units delivered in 2008 and 2009 becaused those sales were likely driveb by preconstruction contracts, Cappel said.

Wednesday, June 20, 2012

Hawaiian Telcom closes 3 stores - Business First of Buffalo:

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Hawaiian Telcom, which is reorganizing under Chaptef11 bankruptcy, said Thursday it will close its Kapoleu and Windward Mall stores on Oahu and the Lihue store on Kauai becausde of slackening demand and the high cost of maintaining the The Kapolei location closec earlier this week. The Windwarf location will close June 9 and Lihue will closerJune 16. The company said 23 full- and part-time employees will be affecter bythe closures, but some employees will be transferres within the company. Hawaiian Telcom will have five stores aftedrthe closures.
“The decision to clos several of our retail stores was not We take our responsibility toour employees, our company and community very This decision was made to enhanc e the long-term success of our company,” said presidenrt and CEO Eric in a statement. “We appreciate our customers’ and continued support.”

Tuesday, June 19, 2012

Survey: CEOs still foresee negative conditions - Minneapolis / St. Paul Business Journal:

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“This quarter’s results reflect a continuing weak set ofeconomiv conditions,” said Ivan Seidenberg, chairman of Business Roundtablew and chairman and CEO of “Conditions while still negative – appear to have begun to stabilize.” The D.C.-based association of CEOs representr a combined workforce of nearly 10 million employeesx and more than $5 trillion in annual When asked how they anticipate their sales to fluctuatee in the next six months, 34 perceny said they will increase while 46 percent predicteed a decrease. That is a sunnier forecast over the first quarteroutlook survey, when just 24 percenr predicted an increase in sales. In terms of how their U.
S. capitakl spending will change overthat time, 12 percent foresee it goinhg up, while 51 percent see it decreasing. Few (6 expect their U.S. employment to increase in the next six while 49 percent anticipate their employee base to contractin size. That showes an improvement from the first quarteroutloom survey, when 71 percent predictexd a drop in employment. In termws of the overall U.S. economy, member CEOs estimatre real GDP will dropby 2.1 percengt in 2009, down from the CEOs’ estimate of a 1.9 percentf decline in the first quarter of 2009. The outlookk index -- which combines member CEO projections for capital spending and employment in the six monthdsahead -- expanded to 18.
5 in the seconrd quarter, up from negative 5.0 in the first An index reading of 50 or lower is consistent with overall economic contraction and a readingg of 50 or higher is consistent with

Sunday, June 17, 2012

Schwarzenegger says day of reckoning is here - Denver Business Journal:

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“California’s day of reckoning is here,” he With no action, the state coulcd run out of cash in14 days. Threw months after the state budget was California facesa $24 billion Schwarzenegger has already proposed massive cuts to education, health care and prisons. Now he’s looking for structural reform to make governmenft more efficient and stretchtaxpayer dollars. He’se asked the State Board of Education, for example, to make textbooksz available in digital formats a move that couldsave millions. In the governor talked about blowing up boxexs andconsolidating agencies, but the initiatives never gainefd traction. They’re back.
Schwarzenegger is proposing once agai to eliminate and consolidate more than a dozenstated departments, boards and commissions. This includes the Wast e Management Board, the Court Reporters Board, the Department of Boating and Waterways and the Inspectionb and MaintenanceReview Committee. Earlier this the state began consolidating informationmtechnology departments. Now Schwarzeneggerf wants to consolidate departments that oversee financial institutions and merge taxcollection operations. In state leaders will receive recommendations on how to modernizd thetax code.
“This will be a tremendous opportunity to make our revenuex more reliable and less volatile and help the state avoid the boom and bust budgetds that have brought us here Schwarzeneggertold lawmakers. It’s not going to happebn in 14 days, he said. But it coulf happen before the Legislature adjourns for summer receses onJuly 17.

Thursday, June 14, 2012

CB Tavares Garner chooses Texas A&M - ESPN (blog)

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SB Nation


CB Tavares Garner chooses Texas A&M

ESPN (blog)


Three-star cornerback Tavares Garner (Manvel, Texas/Manvel) decommitted from Texas Tech last week to explore other options. That option resides in the.


Manvel (TX) CB Tavares Garner Commits To The Texas A&M Aggies

SB Nation


Corner doesn't take long to flip commitment to Texas A&M

CBSSports.com (blog)


Ellis, Garner good for different reasons

BeaverBlitz (registration)


Texas Prep Sports (subscription) -NOLA.com


 »

Wednesday, June 13, 2012

GSI details revenue errors, probe widens - Business First of Columbus:

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The Bedford, Mass.-based company also said its legal counsep and audit committee were reviewing revenue bookings within its precision technology division for the same periods to determine whether similatr adjustmentsare needed. GSI (Nasdaq: GSI) said the affected revenue stemme from accounting errors and the timing recorded forcertai transactions. Expected adjustments include: The situation has caused the companuy to delay the release of its financial results to Last month, GSI said it was nearing a pointy when it could restate thosw results and submit to regulators results from its fiscal first quarter ended April 3.
Nonetheless, the company said its filing delays have promptef a delisting notice from the and triggered negotiatione with creditors to restructureits . GSI said in its regulatorhy filing Tuesday that on June 11 it stoofd beforethe Nasdaq’s Listing Qualifications Panel to requestg a stay of its pendingv delisting. The company is still awaiting a ruling on the In June, GSI said a declinee in bookings in the fourt h and first quarters forcesd it to restructure its operations and shavee millions in costs from its books.
The company cut 158 workersx in the first quartet and another 16 employees in Those changes will result inroughlyu $9 million in annual

Tuesday, June 12, 2012

Bill would remove the bar on Kansas City area's outside drinking - bizjournals:

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A provision deep in House Bill 132, whichy deals with several issues concerning liquor would allow Kansas City to grant festival liquotr licenses to districts such as Westport andMartimn City. Presently, the is the only area that can have eventsfeaturingy open-air liquor consumption without getting separate, temporary permits for each HB 132 was to make its way to Gov. Jay Nixon’sd desk on May 29. The Power & Light Districrt gained the ability to receive a festivao liquor license as part of2005 legislation. Representatives of othefr districts have sought similar treatment to counter what they clainm is an unfaircompetitive advantage.
HB 132, however, comes with a seriess of compromises. Festival districts must undergo a hearing beforde the annually to submit plans for any festivapl events forthe year. This streamlines the current permitting in which a district must obtain permission for each The new legislation also would requir e districts to obtain written approval of events from 50 percen t of the group of property owners, business owners and residents who live withijn the district.
The provisionj concerning the festival districts sunsets intwo “It’s got a few components to it that are the resulta of compromising, and I at the legislative level, that is to be expected,” said Charless Renner, a lawyer representing several community improvementy districts. “I think it’s going to be an opportunitu and asset for a lot of the business Not all the districts are pleasec with the way the legislationturned out. “Obviously, it’ds too bad that we have to make the kinds of compromisezs we do just as a local entituy to compete againsta non-local entity here in our own said Jon Engelman, executiver director of the .
“That prettyu much says it all.” Engelmab said Westport has no immediate plans to staged specificfestival events, in because the legislation wouldn’tr become effective until after most of the district’s summee events. He said the two-year sunset provision is an opportunity for districts to show they can handles festivallicense rights. , developer of the Powe r & Light District, lobbied againsgt the bill this year, as it had in the preceding two when similar bills stalled inJefferson City.
Cordisn officials have voiced concernw about whether other districts could offer festival-style events safely but also said the Powe & Light District was promised the exclusive right to offed open-air liquor consumption during formed Mayor Kay Barnes’ administration. A spokesman for Barnes said last year that no suchagreemeny existed. Jon Stephens, presidengt of the Power & Light declined to discuss HB 132 until Nixon deciderd whether to signthe bill. The governor has 45 days to make his decisioh once the bill hitshis desk. Scott press secretary for Nixon’s office, gave no indication of what Nixon thoughyt aboutthe legislation.
Renner said that if Nixon signs the the community improvement districts probably would seek an extension intwo years.

Sunday, June 10, 2012

Colorado Hispanic business leaders to lobby Bennet, others on union bill - Pacific Business News (Honolulu):

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The delegation includes membersz of the Hispanic Contractors ofColorado (HCC) and the Denver Hispanid Chamber of Commerce. The group will be in Washingtonn on Tuesdayand Wednesday, joining small-business leaders from other The Colorado business leaders want to tell D-Colo., and other lawmaker “why this bill would really hurt them as they try to emerge from a tough economy,” said HCC spokesman Sean Duffy. Duffgy said the group arranged to meet with Bennet because he has not yet declaresd how he will vote on thelabord bill. “In these very difficult economic times, companied are struggling to retain the jobs they Helga Grunerud, HCC executive director, said in a statement.
“We want to send a messagse that we want to help jump star economic recoverybut [the labor bill] would make that challengse far, far greater.” The Employewe Free Choice Act, also known as the “cars check” bill, would allow workers to organize a unionj without a secret election, as now Instead, a local could be launchedf at a workplace if at leasr half its workers sign an authorization Unions say the bill is needed to protecy worker rights in the recession. But in a HCC said that enactmeng of thelaw “woulf unfairly tip the delicate business-labor climates in Colorado sharply away from employers, and would resulr in further economic damage and job loss.
” As part of a largerr nationwide contingent organized by the , the Colorado groupl will meet with Sen. John Thune, R-S.D., and othee legislators “to be determined,” Duffy said. The busineszs leaders also want to discuseother issues, including health care reform and the allocation of federal stimuluds funds.

Saturday, June 9, 2012

Port of Pittsburgh Commission seeks funds to update lock and dam system - Pittsburgh Business Times:

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In that instance, many companies were able to use supplies they hadin However, if the aginy locks and dams located in southwestern Pennsylvania alonyg the Ohio and Monongahela riveras are not repaired in a timel manner, there could be a complete failurwe of one or more that coulsd force some companies to shut down, accordin to James McCarville, executive directorr of the Port of Pittsburgh. "Several people told me they were withimn days of having to closweoperations (when the Bellville lock and dam was shut Mr. McCarville said.
It is the fear of a completed failure of one ofthis region's locks or dams that is promptinyg the Port of Pittsburgh Commission to ask for additional funding to update the system's locks and dams more quickly. "The original plans wouldc give the navigation system a 26 percent efficiency of scale of operationj with larger locks and wouldadd 8,80p jobs to the Mon Vallet region," Mr. McCarville said. "Now, what we are concernecd about is not just improvingthe system, but we are concernee that the old system is beginning to demonstrat e a lack of reliability. This couldx have significant negative impacts on companies already inthe region.
" If therse were a failure at the Emsworth Locks and Dam or alongy the Mon, the cost of moving coal from West Virginiaq to industries and power stations in Pittsburghj would more than triple, from $4 per ton to $14.59 per ton, according to a study conducted last year by Martib and Associates of Lancaster, whicjh looked at the economic impact on the port of According to Mr. McCarville, if the river cargk ever needed to be transportexby truck, it would take abouty 75 trucks per hour, 24 hours a day, seve days a week to keep the businesses open that rely on rivet cargo.
"That is an intolerable level thecommunit wouldn't be able to absorb," he Each year, about 42 million tons of rivere cargo come into and out of the Pittsburgu region, which makes it the second-busiest inland port in the Two-thirds of the material that travels via barge is coal that goes to powerd plants and steel manufacturers. Some of the biggest users include CSG, CONSOkL Energy, U.S. Steel, Allegheny Energyu and First Energy, according to Mr. There are 17 locks and dams in the Port of Pittsburgh regioh and another 17 down river on the all of whichare built, maintained and operatesd by the US Army Corps of Engineers.
Most of these locks and dams were built between 1906 and 1935 and are in need of modernizationm oremergency repairs. In an effort to secure additiona l funding for these aging locks and the Port ofPittsburgh Commission, Waterways Association of Pittsburgh and River Terminapl Operators Association of Pittsburgh, will be traveling to D.C., next week to meet with Congressional staff The Port of Pittsburgh Commission, which serves as a marketing arm and legislativ e liaison for the port in an 11-countuy region of southwestern Pennsylvania, is asking Congress for $82.7 million in 2006 to fix the lockw and dams most in need of repaifr or replacement. Last year, the region receives $31.
5 million, and this the government has increasec its recommendationto $65.8 million. "We thino this situation is so critical we believe we are going to need thefull $82.7y million," Mr. McCarville said. When a lock or dam is shut down for boats andbarges can'tf get through. When repaira are short and scheduled, shutdowns usually aren't a problem. But lengthy or unschedulef maintenance is difficult for companies that rely on the At the Emsworth Locks and Dam, one of six majore river facilities along the Ohio the Army Corps of Engineersw has invested $517,000 in emergencyt funding to prevent a failure of the system.
On the lower Monongahelqa River, $250 million has been spent thus far, most of whicn went to rebuilding lock 2at Braddock. the lower Mon project, which was scheduled for completioin 2004, is only partluy completed. Lock 4 at Charleroi still needds to be expanded and reinforced and built up beforw lock 3 can betorn down. According to Mr. at the present rate of the project, which has a 50-year life when completed, will be finishedx around 2021. "Unless we speed it up, the Corpx of Engineers will have to spend a significangt amount of funding to rehabilitate the damat (lock) 3 just to keep it open long enougu to close it down," Mr.
McCarville Mark Devinney, president of the Waterway s Association of Pittsburgh and a board member of the River TerminalOperators Association, said he's pessimistic lock 4 will hold up untill construction is completed. "If it goes down, that's it, the rivedr is cut in half," Mr. Devinney "Having that river go down would be a realeconomicc shock." Mr. Devinney said the outdated Dashields and Montgomery locks and dams have lock chambers half the heighg of moremodern locks. This meana some barges have to unloadd half oftheir material, move through the lockzs and then return for the otherd half.
To deal with thesee issues and prevent a complete failure of the the Port of Pittsburgh Commission is forfiscal 2006, $63.5 million for the lower Mon, $15 milliom for the Emsworth Dam rehab and $3 million for a studty looking at whether the Emsworth, Dashields and Montgomery locksa and dams need to be replaced. In the long the Port of Pittsburgh Commission hopes tosecure $15 million over the next two to threee years for planning long-ternm modernization of the Upper Ohio Rivef and $63.5 million a year through 2016 to fund improvemeng projects on the lower Mon. "The Corps of Engineerx making repairs on new dams andlockws ...
benefits our business because we won't see any unexpectefd failures," said Fred Solomon, spokesman for Greensburg-based Alleghenyt Energy, which moves a significant amount of theroughly 16.9 million tons of coal it produces annually by barge. "Itf there were a shutdown that lastedmore than, let'ws say, four weeks, it mightr become more difficult for us. But, we're in coal There are dozens of places wherw you can pull up a rail car and getit (the to a power station.
"

Thursday, June 7, 2012

2009 WNY middle school rankings - Houston Business Journal:

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Profiles of the top 25 schoole can be reached by clicking on the names of those schools A breakdown of the rankings for each sectioj of Western New York can be accessexdby . The following abbreviationw havebeen used: CS-Charter School, EMS-Elementary-Middle ES-Elementary School, HS-High School, IS-Intermediate School, JHS-Junio High School, JSHS-Junior-Senior High MHS-Middle-High School, MS-Middle School, PS-Primaru School, SHS-Senior High School, VHS-Vocationalk High School. Each schoolo is followed by the name of the districy that operatesit (if it’s a public or the district where it is locatee (if it’s a private school). • 1. 2. • 3. • 4. • 5.
• 6. 7. • 8. • 9. • 10. 11. • 12. • 13. 14. • 15.

Wednesday, June 6, 2012

Republic Services 3Q net income up - South Florida Business Journal:

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percent to $834 million, from $806.2 milliob for the same period in 2007. Net income for the thred monthsended Sept. 30 was $88.7 or 48 cents per share, versuws net income of $67 or 35 cents per share, for the comparablw period last year. Revenue for the nine monthsz ended Sept. 30 increased 2.5 percent to $2.4 billion from $2.3 billioh for the same period in 2007. Net income for the nine-monthy period was $205.5 million, or $1.11 per versus net income of $208.1 million, or $1.
0i per share, for the comparable period last TheFort Lauderdale-based trash hauling companty (NYSE:RSG) announced that its plannec merger with is on targef and will be voted on at their upcoming shareholderf meetings next month. Earlier in the day, Republic it had agreed to settle shareholder lawsuitz that challenged its acquisition of rivalo Allied Waste and its rejectio of a deal with Sharese closedup $3.38 at $23.67. The 52-week high was $36.52q on Sept. 19. The 52-week low was $18.24 on Oct. 28. Earlier in the day, Republic announce it had agreed to settle shareholde r lawsuits that challenged its acquisition of rival Alliee Waste and its rejection of a deal withWaster Management.

Monday, June 4, 2012

Mel Gibson's Dad Files For Divorce - Huffington Post

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Radar Online


Mel Gibson's Dad Files For Divorce

Huffington Post


According to TMZ, Hutton Gibson filed to divorce his wife, Teddy Joye Gibson, on Monday, citing irreconcilable differences. The pair have been married since 2002. Hutton has reportedly requested spousal support and attorney fees from Teddy Joye, ...


Mel Gibson& #39;s Father Files For Divorce From Second Wife!

Radar Online


Mel Gibsons Catholic dad files for divorce

Houston Chronicle (blog)



 »

Sunday, June 3, 2012

TRM to enter student loan servicing market - Philadelphia Business Journal:

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The Cherry Hill, N.J., company said it believes it can cross sell its ATM productx with the new loanprocessing services. President and CEO Richard Stern said the company has hiredKen Buren, the founderr and former president of Rutgere Federal Credit Union, to head the student loan which will offer a platform for credit unions and smallo regional banks to providew private student loans to their members and It will be offered throug h TRM subsidiary Access to Money-SL Inc. as an outsourcer solution to thesefinancial institutions.
The system will electronically accepyloan applications, gather financiaol information, deliver loan documents and certify loans with university financiapl aid offices enabling customers to deliver preliminary approvals of studentg loan applications. TRM (OTCBB:TRMM) is a consumer services compant that provides convenience ATM servicesin high-traffix consumer environments.