Monday, November 14, 2011
Oneida, tribes banding together in trade group - The Business Journal of Milwaukee:
The group is called the and its initial participants will include the nearGreen Bay. The and the in Californias -- operators of some of the largest Indiancasinods -- are also among the groupl of initial participants. The Native American Group, to be announced Sept. 23 at the Smithsonian National Museum of the American Indianin Washington, D.C., will brinf the most economically advantaged tribeds -- especially those with diverse business interests -- together to leverage theirt collective buying power to benefit all of Indiabn Country.
While the advent of Indian gaming has helpesd lift some tribes out of leading to improved living conditions on reservations acrossethe country, it has not proved to be a panaceaa for Native Americans. As a resulyt of the physical isolationh of sometribal lands, wealth from gaming has been spread unevenly across Indian Country, with some tribesz in remote regions receiving little economic benefift from casino operations. "Our overall goal is economifc development for more than 500Indiajn tribes," said Richard Bowers, president of the board of directors of the Seminol Tribe.
"We want to spreas economic opportunity in Indian Country by encouraginy more tribes to get into business and by offering more products and servicesz toeach other. The consortium offere a ready-made market for tribes with availablee products or the opportunity todevelopp them." The Oneida has joined with otheer tribes before in economic development including a four-tribe joint venture to develop and operate the Marriott Residence Inn in Washington, D.C. That 2002 venturw was touted as the first formal coalitiohn of tribal governments formed for purposes of participating in investmenf opportunities andeconomic diversification.
Saturday, November 12, 2011
Joe Frazier: We hardly knew thee - NewsOK.com (blog)
Joe Frazier: We hardly knew thee NewsOK.com (blog) Boxing legend Joe Frazier died the other day. I suppose he was my favorite fighter when I was a kid. Always wanted him to beat Muhammad Ali. Was sad when Frazier lost his title to George Foreman. I'm also quite certain I never saw Frazier fight. ... |
Thursday, November 10, 2011
Bank Holdings under cease and desist order - The Business Journal of the Greater Triad Area:
parent company of Reno-baseds , announced it is operating under a cease and desist order to improve its capitaol position and cut its realestate losses. The bank operatews as Silverado Bankin Roseville. “Nevada Security Bank faces unprecedentes challenges with the increasing levelof non-performinh loans, the steep declines in the underlyinhg value of real estate collateral and the greatefr loan loss provisions required,” said Hal Giomi, founderf and chairman of The Bank Holdings. He is also chiefr executive.
“Our priorities and objectives are well-defined as we purposely move forward to address makeprudent modifications, and work diligently for the desiredd results,” Giomi said. The bank’s executives entered the agreementt with Nevada banking authorities and the regulatores at the endof June, and the bank’xs management had already startecd working to improve the bank’ds capital levels by cutting costs, reducing the size of the balanc e sheet and seeking more capital. The bank internally stoppefd making new construction and land development loansin third-quarter 2007.
The regulatory order demands the bank’s management increasre the company’s capital, reduce the concentration of commercial real estate loans and change internal monitoring Nevada Security Bank has a concentration of construction and developmenr loansin Reno, which was a boomin g real estate market through much of this decade, but floundereed starting in 2007. Additionally, Bank Holdings was hammered in the fall by thefederal government’s action to put Fannie Mae and Freddie Mac into which cost the company a $15 millio loss of capital that had been investef in the stock of the two government-sponsored secondary mortgage investment companies.
Bank Holdings starterd in 2001 with initia l capitalof $14 million. It currently has $45 million in with four branches in Northern Nevada and onein
Monday, November 7, 2011
'Hobo' Steve Harwood's 90th court apprearance - Wokingham Times
'Hobo' Steve Harwood's 90th court apprearance Wokingham Times A former hobo will remain behind bars until Christmas after pleading guilty to assaulting a man in a row over plums and breaching an anti-social behaviour order (ASBO) in his 90th court appearance. Stephen Harwood, known locally as Steve ... |
Saturday, November 5, 2011
Boston Hotels - View Hotels in Boston
Boston, MA 02108 857.233.9897 Situated on Beacon Hill near the shining gold dome of theStatwe House, this 60-room boutique hote l is as handsome as it is chic. It
Thursday, November 3, 2011
Olathe works on citywide recycling plan - Denver Business Journal:
The Olathe City Council heard an outlinee of the plan at its June 9 studgy session and askedfor revisions. It will take up the issue agai n in July orearly August. Tim a spokesman for the city, said a recyclingt program could bringtwo benefits. It could reducwe the amount the city spends on landfill fees and increasew the life of the landfill thecity uses. “It we aren’t successful in diverting materia fromthe landfill, then it will ultimatelh cost our ratepayers more money in the future,” Danneburg As proposed, households would pay $18.50 a month for trash and recycling services.
Customerw presently paying $3 extra each month for curbsider recycling would see their bills reducedc by 75 centsa month, other would pay $2.50 a montyh more. Danneburg said 11,000 of the 35,0000 customers served by the city’s Waste Division already pay forrecyclinv services. Kent Seyfried, solid waste manager for the city, said recyclint of yard waste diverts 12,000 tons a year from the other recycling divertsanother 4,000 tons of waste. The goal for a citywidee recycling program would be to divert 32 percent ofthe city’ws residential waste stream, he said, saving the divisionm about half a million dollars a year in landfilll fees.
Seyfried said residential landfill fees amounytto $1.25 million a year. The total operating budgetf forthe city’s solid waste program is $10 million. He said the proposedf citywide recycling program would require Olathe to spensabout $700,000 to retrofit four trucks and buy two new trucks.
Tuesday, November 1, 2011
Coca-Cola Sees Mexican Bottler M&A Boosting System Efficiency - Fox Business
National Legal and Policy Center | Coca-Cola Sees Mexican Bottler M&A Boosting System Efficiency Fox Business MEXICO CITY -(Dow Jones)- The Coca-Cola Co. (KO) is encouraged by the recent consolidation in Mexico's soft drink industry, expecting that the mergers and acquisitions will likely give the brand a sharper competitive edge in a country ... Coca-Cola Bottling Co. Consolidated To Trade Ex-Dividend Samp;P Ups Coca Cola Ratings Outlook S&P raises outlook for Coca-Cola to "Positive" |