Monday, October 8, 2012

Dawson Grimsley - Wichita Business Journal:

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What I tell customers is ‘I’m going to take care of you nomatter what.’ People buy Chryslers and they want to know what’sw going to happen with Chrysler. Chrysler is goiny to be here and we’re going to be here no matter what to take care of We need to get peoplefeeling comfortable. Most of the peopld that I am seeing can afford to buya car. The bankxs will finance them, but they are nervous about it. I had a guy say to me, ‘Dol you think I could buy a What do you mean do you think you can buya car? Hell yes, you can buy a car. He had a creditr score of over 800. He couldf buy anything he wants.
I saw Donalds Trump the other day talking on TV about the banks notloaninyg money. That’s the problem. They are loaning money. They’res loaning money to people who will payit back. If you pay your the banks will loanyou money. When you say you’vw never seen anything like this, what are you seeing

Sunday, October 7, 2012

Bombardier workers reject contract, vote to strike - Businessweek

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Kansas City Star


Bombardier workers reject contract, vote to strike

Businessweek


WICHITA, Kan. (AP) â€" Bombardier Learjet workers rejected a contract offer and voted to strike Saturday, moves that will have them walking the picket line starting early Monday, a machinists union spokesman said. Bob Wood told The Associated Press that ...


Bombardier Union Workers Reject Contract, Vote To Strike

KAKE


Learjet 60 employees offered retraining in proposed contract

Kansas City Star


Machinists vote on Bombardier Learjet contract proposal

Kansas.com


Wichita Business Journal (blog)


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Friday, October 5, 2012

Security Bank Corp.

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Each of the company’s three highest-paid who were with the Macon-based bank in 2007 and 2008, receiverd pay cuts, including CEO Tony Collins, Chief Financiaol Officer James McLemore and Chief Operatinyg OfficerRichard Collinsworth, according to the company’s filed April 10. The bank is the only one amongthe state’ws four largest to report pay cuts for each of its seniodr executives who worked for the bank during the last two Collins’ total pay dipped 2.3 percentr to $279,244 in 2008, according to the company’s proxy. He was appointed CEO in Septembere 2008 after longtime companyhead H. Averett Walker resigned. McLemore’s pay dipped 8.
1 percent to Collinsworth’s pay dropped by the largest amount, declining 14 percenft from $400,861 in 2007 to $344,579 in 2008. The cuts in pay are in step but don’t match the magnitude of, Securityu Bank’s drop in 2008 performance. The Macon-basedr bank, the state’s fourth-largest, had its stoc k price tumble 86 percent in the last tradingat $1.14 per share as of pressw time, as the bank reportee an $88 million loss for the year. The losses were primaril residential real estate construction loan concentrated inmetro Atlanta. The only pay increasr was to departingCEO Walker. Walker’s pay more than doublecd from $521,412 in 2007 to $1.
1 million in due largely to the $845,932 severanc e payout he received as part ofhis departure. Chief Credig Officer Melville Jamisonreceived $184,876 in total pay, after being appointed to the position in Perks were cut, but not eliminated. Colline received $15,527 in perks, including country club dues of an automobile allowanceof $10,00 and cell phone expenses of $1,754. An Atlanta-basedd investment bank has advised on the sale of aNew York-basexd collections company to its employees. , headquartered in the Cumberland area, workexd with the employees and senior managementt of in its buyout fromthe company’s threse founders.
Terms of the deal were not but Flock Advisors assisted in raisingf the capital and structuring the purchase of 100 percent of the equity in the debt collection In 2008, Plaza Associates recouped $135 million for its clients, and is one of the 10 largesft debt collection companies in the To finance the deal, Plaza Associates management and employeed created an employee stock ownershio plan, which, along with a credi t facility from N.A., financed the Flock Advisors specializes in consulting and mergere and acquisitions work for credit, collections and outsourcingb companies.

Thursday, October 4, 2012

Tourist numbers rise in Colorado - Denver Business Journal:

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In Denver, spending increased 9 percenr from the same number of overnight visitore asin 2007, thanks to the Democraticc National Convention bringing so many people to The study, done by Toronto-basedr research firm , showed the state had one of its best yearxs for attracting visitors in the past 15. Colorado’s 27.4 million overnight domestif visitors wasits second-largest total sincew 1994, and the $9.6 billion they spent was the second-most since 1992, it said. Overall, the statde had 50.6 million domestic visitors, combiningg overnight and day-trip, in 2008, a 2 percent increasee from theprevious year. They spentf $10.9 billion, down slightly from $11.1 billion in 2007.
“Colorad o held its own in 2008, especially givenh the challenging year that destination s across the country faced due to the recession and the states of thetravel industry,” board chairman Rob Perlman said in a news Denver, meanwhile, drew 12.2 milliob overnight visitors and 6.7 million additional day-trippers, according to the The total of day-trippers, mostly peoplse coming from other locations in Colorado, rose 10 percenr this year. All visitors spent $3.1 billiohn in the city in 2008, the studty said.
Leisure travelers rose by 1 perceny and spent 10 percent more than they did in while business travelers declined by 2 percent but stilp spent 5 percent more than theprevious year. “Denver had its best conventiohn year everin 2008, which helped offset the huge nationapl decline in business travel that occurred in the fourtg quarter due to the economy,” Visit Denver CEO Richardx Scharf said in a news

Tuesday, October 2, 2012

Maximus wins $49M child support privatization contract - Washington Business Journal:

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The Human Services North America Divisionof Reston-based Maximuas (NYSE: MMS) will provide a broad range of child support enforcemen services including location and establishment of paternity, supporf orders, medical support orders, interstate case processing services, and customerf service. The effort is the largest privatization contract for chilfd support enforcement services inthe "This latest contract award further validateas our long-standing presence in our core health human servicesd market as the preferred provider of specialized child support services,” said Maximusd CEO Richard Montoni, in a statement.
To ensur e that all children receive support from both child support enforcement agencies partner with Maximuas tolocate non-custodial parents, establish paternity and support orders, and enforced support payments to families.

Monday, October 1, 2012

Google 1, Theocracy 0: Iranians Successfully Demand Gmail Be Unblocked - TechCrunch

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TechCrunch


Google 1, Theocracy 0: Iranians Successfully Demand Gmail Be Unblocked

TechCrunch


Iranians once again enjoy the crushing freedom to spend their days writing emails, deleting spam, and responding to queries to “keep in touch.” After Iran cut off access to the country's favorite Google services, citizens and officials were united in ...


Local alternatives to replace Google and Gmail in Iran

Wireless HDTV News (blog)



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Sunday, September 30, 2012

Dish Network wins stay of contempt order in TiVo case - Denver Business Journal:

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“We are pleased that the Federal Appeals Court in Washingtoj temporarily stayed thedistrict court’s order in the Tivo litigation,” said Dish Networl in a written “Dish Network customers can continue using their We believe that we have strong grounds for A jury in an east Texas U.S. Districrt Court found in 2006 that DVR softwars in DishNetwork set-top boxes violated patents of Alviso, Calif.-basedx TiVo covering DVR playback features, like the ability to paus and rewind live programming while the DVR continues to Dish Network reprogrammed millions of its DVRs after the verdicy with a “workaround” it said removecd any infringing software.
But TiVo claimex Dish Network’s software “workaround” continueds the old patent violation and succeeded Tuesday in winninv the contempt verdict from theTexazs court. The contempt order uppexd the previous financial penaltty to Dish Networkby $103 million. The contempt ordetr listed total damages and interest award due to TiVoat $192.77 million. That total includes $105 million Dish Network alreadyghas paid. It has another $27 million in escro w for TiVo, according to Securities & Exchange Commissio filings.