Tuesday, December 11, 2012

Christmas songs advent calendar: Day 11. Saint Etienne - I Was Born on ... - Telegraph.co.uk

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Telegraph.co.uk


Christmas songs advent calendar: Day 11. Saint Etienne - I Was Born on ...

Telegraph.co.uk


Most Brit Poppers were too cool for school to release a Christmas song, but it was a perfect subject for the sweetly nostalgic Saint Etienne in 1993. Tim Burgess from the Charlatans duets with Sarah Cracknell on a wistfully romantic but strange number ...



Sunday, December 9, 2012

N.Y attorney general ends BofA probe - Business First of Buffalo:

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Cuomo says the banks have and will continue to providre liquidityto investors. Last October, agreed to buy back as much as $4.7 billiobn in auction-rate securities it sold to about 5,50o0 investors, small businesses and smal charities before the market collapsedx inFebruary 2008. According to the Securities andExchange Commission, the settlement also required BofA to “use its best to provide up to $5 billionn in liquidity to businesses and institutionak investors with accounts valued at $15 million or and charities with accounts valued at $25 millionj or more.
The agreement resolved allegations that securities dealers made misrepresentations to customers duringy salesof auction-rate securities aboutg their safety and liquidity. Auction-rate securities have interest ratexs that are reset at weekly or monthlyt auctions run by investment The $330 billion market collapsed last year, when investors becamr alarmed at the prospects of the abilitty of corporate borrowers covering debt service on the securities. Many were left with securitiesw they could not sell intothe Charlotte-based BofA (NYSE:BAC) neither admitted nor denied wrongdoing.
The SEC also has finalized a settlement with BofA overthe

Friday, December 7, 2012

Britain Sees Decline in Christmas Birds Like Doves - ABC News

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Britain Sees Decline in Christmas Birds Like Doves

ABC News


Britain's Royal Society for Protection of Birds says the two icons of the Christmas song â€" grey partridges and turtle doves â€" are in alarming decline. It said authorities should act to prevent them from becoming just distant memories within the famed ...



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Wednesday, December 5, 2012

U wants to ban alcohol from stadium - Washington Business Journal:

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Earlier plans for the which will hold its first Gophers football gameon 12, would have allowed alcohol sales in the more expensivr premium seating, but not in generapl seating. Bruininks’ move comes aftedr the Minnesota Legislatureand Gov. Tim Pawlenty made a new law requiriny thatall of-age game attendees have equal access to “Unfortunately, this new legislation leaves us with only two to become the only Big Ten campuds in the country to sell alcohoo throughout its football stadium, or to not sell alcoholk at all,” said Bruininks in a statement. “Outr values do not change even if ourpland must.
We have never sold alcoholp at student-oriented on-campus events in the past, and I do not recommenx we start now.” The university’s Boare of Regents will consider the proposal and will likely take action at a June 24 If the regentsapprovwe Bruininks’ request, Williams Arena and Mariucci Arena will also be alcohol-free on game Currently, alcohol is served in some aread of those arenas on game day. The universithy acknowledged the alcohol ban will have somefinancial impact, but it has not yet assesse d how much.

Tuesday, December 4, 2012

Best Overseas Retirement Options For 2013 - U.S. News & World Report (blog)

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Best Overseas Retirement Options For 2013

U.S. News & World Report (blog)


The world's top retirement haven? In truth, there's no such thing. There are many appealing options for a new life in retirement overseas. Considering them can leave you feeling spoiled for choice, and overwhelmed when trying to make a decision. It ...



Monday, December 3, 2012

Hawaiian Telcom files reorganization plan - Pacific Business News (Honolulu):

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The company, which filed for Chapted 11 bankruptcyin December, said the steeringy committee representing those who hold claims under the company’ds secured credit agreement supports the plan. “Ther filing of the plan and disclosuree statement is an important achievement in ourrestructuriny efforts,” said Eric K. Yeaman, Hawaiian Telcom’s presidenft and CEO, in a statement. “The plan provides for a significantlh deleveragedcapital structure, and the terms of the new debt give us greatef financial flexibility to executde our business plan and invesf in new products, better positioningh the company for future success.
” A hearing to consider approval of the disclosure statement has been tentativel scheduled for July 23. The plan includes the conversion ofapproximately $590 million of the company’a senior secured credit facility and swap liabilitieas into the new equity of the reorganizeds company and a new $300 millionh senior secured term loan maturing in five Holders of $350 million in senior notess will get warrants to buy 12.75 percent of the reorganized company’s new equity and subscriptio n rights to buy new equity up to $50 million.
The compangy said it expects to emerge from Chapte r 11with $30 million undrawn revolvinbg credit facility and at least $45 million of cash on Hawaiian Telcom is owned by , a D.C.-based private equity group. Carlylde bought the assets of in May 2005for $1.6 and began operating independently with its own systems in April 2006. The plan and diclosurer statementare .

Saturday, December 1, 2012

Report: Sunbelt states may outpace recovery - Jacksonville Business Journal:

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Though the quarterly economic repor issued June 23 by notedthat “thed worst is behind us,” each state’s recovery will hingwe on how well that state is able to assimilatde its portion of the federal stimulus among other factors. “At the moment, the economy is stilll contracting, so we expect to see negativde GDP growth in theseconsd quarter, but at a slowee pace than in (the first said Nathaniel Karp, the bank’z U.S. chief economist.
“Consumption, however, is expecte to lead the resurgence in economidc activity in the seconrd half of the but the highunemployment rate, the greater propensit to save and the high degree of uncertaintyu regarding the impact of the fiscalo stimulus package could present riskz to this scenario.” The study covered economic activity in Arizona, Colorado, Florida, Alabama and New Mexico, the six statez in which BBVA Compass operates.