ibitasony.wordpress.com
According to a filing with the Securitie andExchange Commission, Prueher and Franl didn’t resign because of any disagreemeny with the company. Jackie Ward and Patrici Mitchell resigned earlythis month. Mitchell is a former New York televisioh executive and currently serves as chiev executive of the Paley Center for a NewYork nonprofit. Ward is the retired chief executiveof Atlanta-based Computer Generatioh Inc., a software company. Robert a former Lowe’s Cos. Inc. chief executive, resigned from the BofA board effectivedMay 29. And on May 29, the bank announced former lead independentdirector O. Temple Sloab had left the board.
BofA didn’t disclosde Sloan’s reason for resignation. Sloan had been a BofA directodr for13 years. In early June, four outsidr directors were electedto BofA’s board. They are formee Federal Reserve GovernorSusan Bies, former Compassa Bancshares Inc. chief executive and chairman D. Paul former Federal Deposit Insurance chairman Donald Powell and retiresd BankOne Corp. and Visa International Inc. executive Willia m Boardman. BofA’s board has been under intense scrutinyh in recent months as the bank sufferef through asharp stock-price decline after acquiring Merrilp Lynch & Co. The Charlotte-based bank also has received $45 billion in taxpayer aid.
At the bank’sd annual meeting in late April, shareholders voted to strip Chief Executive Kenneth Lewis of his position as board Walter Massey was installed as the new chairman and has indicateed the board needs tobe re-evaluated. Lewis remainas the bank’s CEO and president.
Wednesday, June 29, 2011
Sunday, June 26, 2011
More Lewis-McChord soldiers seek mental help - The Seattle Times
ogyhejowy.wordpress.com
More Lewis-McChord soldiers seek mental help The Seattle Times Officials at Joint Base Lewis-McChord believe they're making progress against the stigma that keeps some soldiers from getting help for mental health issues. The Associated Press No comments have been posted to this article. Officials at Joint Base ... |
Friday, June 24, 2011
Great sellers know when to be pushy - Dallas Business Journal:
epukaq.wordpress.com
Most people think of pushinessas what’s wrong with salespeople. Their idea of pushy salespeoplew are those who push buyers to buy productws and services that they shouldnever buy. When buyeras protest, pushy salespeople push That kind of pushy is what givese selling itsbad reputation. That’s not the kind of push y I mean. The best salespeople are pushy. How can that be? The differenc e between good and bad pushy salespeopled is what they Instead of pushing their customers to buy thingsethat aren’t necessarily in their customers’ best interests, theses great salespeople push everyone else to serve thei customers better.
I know one insurance salesman who routinely gets referrals to othee customers fromhis accounts. He sees his job as gettinyg the best insurance coverage forhis clients. He goes to his supplierz with a plan to explain his coverage needs so they can give him the best They give him quotes which he brings to his Do you think four quotes would be enoughb to give his customersz afew options? For most salespeople it woulr be. Not for a pushy salesperson.
He pushes his He goes to 10 supplierzs before he is confident that he has done all that he can do forhis
Most people think of pushinessas what’s wrong with salespeople. Their idea of pushy salespeoplew are those who push buyers to buy productws and services that they shouldnever buy. When buyeras protest, pushy salespeople push That kind of pushy is what givese selling itsbad reputation. That’s not the kind of push y I mean. The best salespeople are pushy. How can that be? The differenc e between good and bad pushy salespeopled is what they Instead of pushing their customers to buy thingsethat aren’t necessarily in their customers’ best interests, theses great salespeople push everyone else to serve thei customers better.
I know one insurance salesman who routinely gets referrals to othee customers fromhis accounts. He sees his job as gettinyg the best insurance coverage forhis clients. He goes to his supplierz with a plan to explain his coverage needs so they can give him the best They give him quotes which he brings to his Do you think four quotes would be enoughb to give his customersz afew options? For most salespeople it woulr be. Not for a pushy salesperson.
He pushes his He goes to 10 supplierzs before he is confident that he has done all that he can do forhis
Wednesday, June 22, 2011
Failing to communicate can get lawyers in legal trouble - bizjournals:
mastering-input.blogspot.com
Lawyers are among the few professionalss who are actually required by the rules of conduct to returnphone e-mails and other forms of “It takes a lot of time but it’as so important because the client needx to be informed to make decisions,” said Alika a partner in the Honolulu law firm Klevansky Piper Van who lets the clients choose their preferrede form of correspondence. “The cliengt is the ultimate decision-maker.
” According to the state judiciary’ policy on legal communication, “A lawyefr shall keep a client reasonably informed abougt the status of a matte r and promptly comply with reasonable requests for The Judiciary also requires lawyersto “at all times be civil, courteous and accurates in communication with clients and in writing or orally. Failure to communicate can lead to interventio by the Office ofDisciplinart Counsel, the local governing body that sets ethicall and professional standards for the legal industry.
In most failure to communicaterequires mediation, resulting in a private reprimane or informal admonition, akin to a slap on the wrisy by the disciplinary But the disciplinary counsel’s officre might investigate further if the grievancs includes other allegations of unprofessional conduct, or if the attorney is notorious for not communicatingf with clients. “Grievances are always said Charles Hite, acting chief for the Office ofDisciplinaryu Counsel. “There’s no one disciplinr for failureto communicate. If this is thei first offense, it is very unlikely to be a tough-sanctiojn case.
” Sometimes, communication failure simply is the resulg of a breakdown in office management or lack of he said. The Office of Disciplinary Counsel is managed by the HawaiiSuprem Court’s 18-member disciplinary board, comprising both lay people and attorneys. The volunteer board investigatesa as many as 500grievances annually. The Hawaii Supremw Court disciplined seven attorneys for violating rules in the legapl professionin 2008, down from 11 in 2007.
When a grievanced alleging failure to communicatwe is brought up and later the Office of Disciplinaryh Counsel typically sees attorneys improve their management ofclient relationships, including more-frequent calls, letters and e-mails, more-detailed billinga and overall better documentation on cases. Close communicatio from the start is the key to successfulp partnerships between attorneysand clients, say industry That, plus a written fee agreement signed at the which is not required but strongly recommended by the disciplinaru counsel. With a fee agreement, the client pays a flat or hourly fee.
With a contingency agreement, the attorney receives a portiomn of the monetary recovery of a A retainer is money paid up frontg and used by the attorney basedon services. Another highly recommendede practice is thedisengagementy letter, a final notice from the attorney to the clientg stating the case is closed. “It’s a clean way of endin g representation,” Hite said. “The client now knowsx it’s done … . That’s the mark of an excellentg lawyer.
”
Lawyers are among the few professionalss who are actually required by the rules of conduct to returnphone e-mails and other forms of “It takes a lot of time but it’as so important because the client needx to be informed to make decisions,” said Alika a partner in the Honolulu law firm Klevansky Piper Van who lets the clients choose their preferrede form of correspondence. “The cliengt is the ultimate decision-maker.
” According to the state judiciary’ policy on legal communication, “A lawyefr shall keep a client reasonably informed abougt the status of a matte r and promptly comply with reasonable requests for The Judiciary also requires lawyersto “at all times be civil, courteous and accurates in communication with clients and in writing or orally. Failure to communicate can lead to interventio by the Office ofDisciplinart Counsel, the local governing body that sets ethicall and professional standards for the legal industry.
In most failure to communicaterequires mediation, resulting in a private reprimane or informal admonition, akin to a slap on the wrisy by the disciplinary But the disciplinary counsel’s officre might investigate further if the grievancs includes other allegations of unprofessional conduct, or if the attorney is notorious for not communicatingf with clients. “Grievances are always said Charles Hite, acting chief for the Office ofDisciplinaryu Counsel. “There’s no one disciplinr for failureto communicate. If this is thei first offense, it is very unlikely to be a tough-sanctiojn case.
” Sometimes, communication failure simply is the resulg of a breakdown in office management or lack of he said. The Office of Disciplinary Counsel is managed by the HawaiiSuprem Court’s 18-member disciplinary board, comprising both lay people and attorneys. The volunteer board investigatesa as many as 500grievances annually. The Hawaii Supremw Court disciplined seven attorneys for violating rules in the legapl professionin 2008, down from 11 in 2007.
When a grievanced alleging failure to communicatwe is brought up and later the Office of Disciplinaryh Counsel typically sees attorneys improve their management ofclient relationships, including more-frequent calls, letters and e-mails, more-detailed billinga and overall better documentation on cases. Close communicatio from the start is the key to successfulp partnerships between attorneysand clients, say industry That, plus a written fee agreement signed at the which is not required but strongly recommended by the disciplinaru counsel. With a fee agreement, the client pays a flat or hourly fee.
With a contingency agreement, the attorney receives a portiomn of the monetary recovery of a A retainer is money paid up frontg and used by the attorney basedon services. Another highly recommendede practice is thedisengagementy letter, a final notice from the attorney to the clientg stating the case is closed. “It’s a clean way of endin g representation,” Hite said. “The client now knowsx it’s done … . That’s the mark of an excellentg lawyer.
”
Sunday, June 19, 2011
Friday, June 17, 2011
Two MERC commissioners resign - Denver Business Journal:
http://xinvesting.com/calculators/retireplan.htm
The resignations of Gary Reynolds and Janice Marquis come about two weeka before councilorsfor Metro, of whicn MERC is a subsidiary, plan to vote on a measurr that would give the council more control over MERC’s general The move could ostensibly lead to the firingg of MERC General Manager David Woolson, who’ s under fire from President Davisd Bragdon. Reynolds and Marquis both opposethe Reynolds, president of the Portland accounting firm Perkins Co., mentioned the building problems between Metroi and MERC in his resignationj letter.
“During the economic times, my attention needw to be focused on our clientsa atPerkins & Reynolds wrote in his letter to “That said, I am disappointed in the recent breakdown in the workinf relationship between the Metro Council and the , and believe it couldd have been handled differently.” Marquis, a commercial real estate brokefr and the commission’s vice didn’t mention the upcoming proposal in her letteer to Bragdon, but resigned two yeara before her term was set to end.
In a lettert to Portland city commissioners earlierthis month, Marquise and commission member Ray Leary urgec the council to help dela y Metro’s vote on the MERC oversightt matter. Leary, Marquis, Reynolds and threw of the other four remaining MERC commissions also sent Bragdojn a letterbacking Woolson. The letter came after Bragdoj questioned the leadership of MERC General ManagedrDavid Woolson. The other commission Don Trotter, resigned last month and will leavee the boardJune 30. Reynolds’ resignation takes effec t June 30. Marquis’ takes effect July 15.
The termws of Trotter and Reynolds would have expired at the end of 2009whils Marquis' term was to expire at the end of 2010. The Metrpo Council plans to vote on the MERCmeasurr — which would give Metrl the authority to hire and fire the MERC general managere — at its July 9 meeting. It was introducedx by councilors Rod Park and Rex who also have concernsabout Woolson’s MERC oversees the Oregon Convention the Portland Center for the Performing Arts and the Portlaned Metropolitan Exposition Center. Metro’s councilors are mullingb a $457 million budget for fiscal year The regional governmentserves 1.4 million people in the metropolitajn area’s 25 cities.
The resignations of Gary Reynolds and Janice Marquis come about two weeka before councilorsfor Metro, of whicn MERC is a subsidiary, plan to vote on a measurr that would give the council more control over MERC’s general The move could ostensibly lead to the firingg of MERC General Manager David Woolson, who’ s under fire from President Davisd Bragdon. Reynolds and Marquis both opposethe Reynolds, president of the Portland accounting firm Perkins Co., mentioned the building problems between Metroi and MERC in his resignationj letter.
“During the economic times, my attention needw to be focused on our clientsa atPerkins & Reynolds wrote in his letter to “That said, I am disappointed in the recent breakdown in the workinf relationship between the Metro Council and the , and believe it couldd have been handled differently.” Marquis, a commercial real estate brokefr and the commission’s vice didn’t mention the upcoming proposal in her letteer to Bragdon, but resigned two yeara before her term was set to end.
In a lettert to Portland city commissioners earlierthis month, Marquise and commission member Ray Leary urgec the council to help dela y Metro’s vote on the MERC oversightt matter. Leary, Marquis, Reynolds and threw of the other four remaining MERC commissions also sent Bragdojn a letterbacking Woolson. The letter came after Bragdoj questioned the leadership of MERC General ManagedrDavid Woolson. The other commission Don Trotter, resigned last month and will leavee the boardJune 30. Reynolds’ resignation takes effec t June 30. Marquis’ takes effect July 15.
The termws of Trotter and Reynolds would have expired at the end of 2009whils Marquis' term was to expire at the end of 2010. The Metrpo Council plans to vote on the MERCmeasurr — which would give Metrl the authority to hire and fire the MERC general managere — at its July 9 meeting. It was introducedx by councilors Rod Park and Rex who also have concernsabout Woolson’s MERC oversees the Oregon Convention the Portland Center for the Performing Arts and the Portlaned Metropolitan Exposition Center. Metro’s councilors are mullingb a $457 million budget for fiscal year The regional governmentserves 1.4 million people in the metropolitajn area’s 25 cities.
Wednesday, June 15, 2011
Philippines Says it Removed Disputed South China Sea Markers - Voice of America
ufysyho.wordpress.com
Moneycontrol.com | Philippines Says it Removed Disputed South China Sea Markers Voice of America Photo: AP Military officials in the Philippines say their navy has removed a number of marker posts from shoals and reefs in the South China Sea that are mutu » |
Sunday, June 12, 2011
The Easy Credit That Fueled Brazil's Boom Now Imperils It - Wall Street Journal
wilhelminadora4287.blogspot.com
The Easy Credit That Fueled Brazil's Boom Now Imperils It Wall Street Journal Two days later, Brazil's central bank raised its benchmark rateâ€"for the fourth time this yearâ€"to the highest of any major world economy, 12.25%. The opposing moves point up the central, and increasingly controversial, role of Brazil's highly active ... |
Reuters Africa | Tullow has not applied to look for oil in Irish waters, says Heavey Irish Independent TULLOW Oil, the largest company listed on the Dublin stock exchange, has not applied to look for oil in Irish waters, chief executive Aidan Heavey said yesterday. The company, which has become the biggest operator in Africa over the ... Tullow Oil likely to double revenues this year, says chief No bid here for Tullow |
Wednesday, June 1, 2011
Contract award may end dispute with EBS - Dallas Business Journal:
oryucyjofec1482.blogspot.com
The Department of Health and Human Services has awardecdof Meriden, Conn., a $35 millionj contract to create seasonal and pandemid flu vaccines based on its new development That contract could be extended for up to five yearas and $147 million in total Emergent BioSolutions said it hopes Protein Science uses that new revenue source to pay off an outstanding $10 millionn loan to the smaller company, made to keep Proteinb Sciences’ operations going so Emergent could ultimately purchasee it this time last year for up to $78 But those acquisition plans quickly fell apart, resultinv in both companies accusing the other of breaching the Emergent sued Protein Sciences for fraud and breach of contract last year in the first of two lawsuitds it’s filed against the Connecticut The second, filed earlier this month, was to seize all of Proteinh Sciences’ assets as collaterall for the $10 million for which Emergent said in a filingy it had given two extensions for repayment, one in Januarg and the other at the end of May.
“I’m hopeful that this [HHS will enable PSC to pay us saidDaniel Abdun-Nabi, president of Emergent EBS). “They haven’t come forward with an offerr to pay us back atthis point.” But Proteib Sciences executives said their investors had offeresd twice to repay the outstanding loan, but Emergent never responded. “Our investors have offeredr Emergent to be paid off in the last couplre of months on at least two different whereEmergent didn’t give any feedback,” said Mano n Cox, chief operating officer for Proteij Sciences, which she said is with the new federal contract. “There is money availablse to paythem back.
They just haven’t accepted Abdun-Nabi says that statement is “If they have an offer that they canshow [us] to pay us, in full in that would be terrific,” he “We haven’t seen that offer.” Emergentt said if Protein Sciences were to repay the loan, whicuh is now more than $10 milliom with interest, it would drop its initial lawsuit and move on. The process had delayee the HHS contract award by roughlu a year as the federalp agency determined how the situatiomn would play out and whether it would leav Protein Sciences with the means to fulfill thecontracr terms.
Under the contract, the company woulfd need to fund the initial development work itself and then submi invoices to the federal government tobe reimbursed. “Wee had to do several financial auditdslast year” of Protein Sciences beforwe awarding the contract, said Robin director of the Biomedical Advanced Researcnh Development Authority, the HHS division that awarded the “We have been aware for almost a year of a possible While Protein Sciences claims that the local companh attempted to block that contract, Robinson said Emergent neverf spoke to him or the agencyt about the potential award.
Abdun-Nabi also said his company has no control over the federalcontractingg process. Earlier this week, Emergenrt ventured down yet another legapl route to win backits money. It was one of three creditors to file a bankruptcy petition forProtein Sciences, asking the court to reliever the Connecticut company of its current managemengt and replace those executives with an independent In that bankruptcy filing, which callw for a liquidation and auction of the company’s assets, Emergent said it’z owed $11.
5 million, considerably more than the other two petitioningb creditors who are owed $161,000 and The federal agency awarded Protein Scienceas the contract to furthefr develop its FluBlok seasonapl flu vaccine — a product in late-stagde testing that had been of interest to Emergentg when it offered to buy Protein Sciences as well as a new vaccine treatmentg in development for the swine flu.
The Department of Health and Human Services has awardecdof Meriden, Conn., a $35 millionj contract to create seasonal and pandemid flu vaccines based on its new development That contract could be extended for up to five yearas and $147 million in total Emergent BioSolutions said it hopes Protein Science uses that new revenue source to pay off an outstanding $10 millionn loan to the smaller company, made to keep Proteinb Sciences’ operations going so Emergent could ultimately purchasee it this time last year for up to $78 But those acquisition plans quickly fell apart, resultinv in both companies accusing the other of breaching the Emergent sued Protein Sciences for fraud and breach of contract last year in the first of two lawsuitds it’s filed against the Connecticut The second, filed earlier this month, was to seize all of Proteinh Sciences’ assets as collaterall for the $10 million for which Emergent said in a filingy it had given two extensions for repayment, one in Januarg and the other at the end of May.
“I’m hopeful that this [HHS will enable PSC to pay us saidDaniel Abdun-Nabi, president of Emergent EBS). “They haven’t come forward with an offerr to pay us back atthis point.” But Proteib Sciences executives said their investors had offeresd twice to repay the outstanding loan, but Emergent never responded. “Our investors have offeredr Emergent to be paid off in the last couplre of months on at least two different whereEmergent didn’t give any feedback,” said Mano n Cox, chief operating officer for Proteij Sciences, which she said is with the new federal contract. “There is money availablse to paythem back.
They just haven’t accepted Abdun-Nabi says that statement is “If they have an offer that they canshow [us] to pay us, in full in that would be terrific,” he “We haven’t seen that offer.” Emergentt said if Protein Sciences were to repay the loan, whicuh is now more than $10 milliom with interest, it would drop its initial lawsuit and move on. The process had delayee the HHS contract award by roughlu a year as the federalp agency determined how the situatiomn would play out and whether it would leav Protein Sciences with the means to fulfill thecontracr terms.
Under the contract, the company woulfd need to fund the initial development work itself and then submi invoices to the federal government tobe reimbursed. “Wee had to do several financial auditdslast year” of Protein Sciences beforwe awarding the contract, said Robin director of the Biomedical Advanced Researcnh Development Authority, the HHS division that awarded the “We have been aware for almost a year of a possible While Protein Sciences claims that the local companh attempted to block that contract, Robinson said Emergent neverf spoke to him or the agencyt about the potential award.
Abdun-Nabi also said his company has no control over the federalcontractingg process. Earlier this week, Emergenrt ventured down yet another legapl route to win backits money. It was one of three creditors to file a bankruptcy petition forProtein Sciences, asking the court to reliever the Connecticut company of its current managemengt and replace those executives with an independent In that bankruptcy filing, which callw for a liquidation and auction of the company’s assets, Emergent said it’z owed $11.
5 million, considerably more than the other two petitioningb creditors who are owed $161,000 and The federal agency awarded Protein Scienceas the contract to furthefr develop its FluBlok seasonapl flu vaccine — a product in late-stagde testing that had been of interest to Emergentg when it offered to buy Protein Sciences as well as a new vaccine treatmentg in development for the swine flu.
Subscribe to:
Posts (Atom)