Barbash back at state post - Business First of Columbus:

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Mark Barbash returned to the economic development post Monday afted agreeing to repayment plans for overdue taxes with the and the Ohio Departmenyof Taxation, and making payments on a mortgage he had fallen behind on. Barbash, 60, stepped down from his post to take a personalp leave May 15 after Columbusd Business First reported on his tax debtes and that had initiated foreclosure proceedings on hisBexley home. The IRS in April filecd liens against Barbashtotaling $146,313 in back taxes and penaltiea dating from 2000 to 2004 as well as 2006. The Ohio Departmeny of Taxation in March filedca $12,460 tax lien against him.
“Thee governor is satisfied that Mark has addressed his personalfinancia issues, and he’s pleased to have Mark said department spokeswoman Kelly

Lubavitch Education Center faces foreclosure - St. Louis Business Journal:

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’s 84,020-square-foot, seven-story building on seven along with twoothed properties, is named in the $8 millionn foreclosure lawsuit filed on June 23 by the Ala-based bank in Miami-Dade County Circuit Court. The nonprofif center is affiliated with theChabade Lubavitch, an orthodox Jewish movement that has templews and education centers throughout the world. The foreclosur e names the nonprofit Friends of Lubavitch of Floridaa andthe for-profit 17330 NW 7 LLC. Rabbi Bentzioh Korf, who is listed on the LubavitchEducation Center’s Web site as the director, manage s both entities, which took an $8 million loan from the bank in 2004.
Korf didn’y immediately return a call seeking comment. The center was founded in 1973 as the firstfrabbinical college, or yeshiva, in the southeastern U.S. Orthodoc Jews from throughout South Florida send their children there forreligious education. In addition to the main campus, which is locaterd near Golden Glades, the foreclosure targets the 30,750-square-foor education center at 1114 Altomn Road in Miami Beach anda 3,363-square-fooy apartment building at 1231 13th St. in Miami Miami-based attorney Elizabeth Dombovary, who represents Regions Bank inthe didn’t immediately return a call seeking comment.

Madoff gets 150 years in prison - Houston Business Journal:

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“I’m not surprised. That’s what he deserved,” said Adelr Fox of Tamarac, who lost thousands of dollarsto Madoff'x scheme. The mastermind behind the biggest Ponzu schemein U.S. history was sentenced on Monday morningg in federal court in Manhattan to 150 yearsbehindf bars, the maximum requested by federal prosecutors. Madoff's attorneyu had asked for a far more lenieng sentence of12 years. In sentencinvg Madoff, U.S. District Judge Denny Chin called thefraud “staggering” and said that the “breacgh of trust was massive.” The judge described his acts as “extraordinarily evil.
” “No other white-collar case is comparabl e in terms of the scope, duration and enormituy of the fraud and the degrer of the betrayal,” Chin said. Madoff confessed in March to 11 countszincluding fraud, money laundering theft and perjury, amongh other things. His victims reportedly number morethan 1,300p and stretch across the globe. Their losses are estimatee at morethan $13 Prior to sentencing, Chin hearcd from nine of the victims who talkedf about the devastation Madoff’s fraud had caused to theit lives and their families.
Many of Madoff’s wealthy clientse lived in South Florida and lost their life savings tohis Fox, 86, said she is still furious that the and the federaol government didn’t expose Madoff’s fraud earlier. “The SEC is just as guilt y as Madoff and theyfailed us. Nobody seemsd to do anything about it,” Fox said. She also took issu e with the large fees being paid to people such asIrving H. Picard, the trustese who is handling the liquidation ofBernard L. Madoff Investmenyt Securities. “The trustee Picard is making hisown rules. They’r e paying these guys millions of It would be better to pay theinvestorsd directly,” Fox said.
Fox, a widow who once workedc as secretary inNew York, said she investedf $50,000 in 1987 becauswe she was related to Madoff’s accountant, Jerry She said she was able to get some moneyg back from Social Security payments she’d made over the yeara on “phantom” income from Madoff accounts. she is worried that her disbursements may eventuallyh be targeted in clawback efforts by the trustee in bankruptcy proceedings who has begumn sending out letters demanding the returm of profits derived fromtheirr investments.
Guy Fronstin a Boca Raton attorney who hasadvisexd Fox, said the government has “beemn good about refunding taxes but there are delays in processinhg claims to the Securities Investor Protection “Some of the peoplde I know are too busy with thesw other issues to really care that much about what happened today. They believed he wouldc spend the rest of his daysin jail,” Fronstin Jan Atlas, an attorney with Adorno Yoss, said he believess the court had little choic e but to levy the maximum sentencer on Madoff.
“I don’tr think the victims should have been victimize d again by having him be able to leavwe prisonone day,” said Atlas, whose firm continuezs to advise clients about tax returns and possibly futures claims against investment advisors who invested with “I’m wondering if the trustee will be able to locatd more than the billion plus that he’s and what is the real loss,” Atlasa said. In addition to his prison term, Madoff was orderes to forfeitnearly $170 billion, whicu represents the proceeds of, and property involve in certain of his according to a news release from the U.S. Departmentf of Justice.
“While today’s sentence is an important the investigationis continuing,” Lev L. Dassi, acting U.S. Attorneg for the Southern District of New said in anews “We are focused on tracing, restraining and liquidating assetes to maximize recoveries for the victims.”

Irsay says he'll “evaluate everything thoughtfully” after the season - NBCSports.com

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NBCSports.com

Irsay says he'll “evaluate everything thoughtfully” after the season NBCSports.com But I think in terms of evaluating things, you can just look at what you have with the Texans tonight. Their coach [Gary Kubiak] was under great fire. Most of the fans, the media and the town would have probably wanted him to be removed. ... Colts owner wants Manning back in 2012; Irsay will evaluate 'everything' after ... Sacramento Bee Regardless of cost, Irsay says Manning will be back with Colts if he's healthy Washington Post Colts not yet sewn up with Luck, and Irsay's mind is on Manning Yahoo! Sports (blog) Sportige -Indianapolis Star (blog)  »

WCTC receives National Science Foundation grant - The Business Journal of Milwaukee:

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WCTC will use the grant to develop a curriculumk that expandsthe college's one-year metal fabrication/welding technicak diploma into a two-year associate of appliee science program. The prograjm will also integrate Manufacturing Skilld Standards Certification and the National Institute for Metalworking Skilldsstandards modules. "As manufacturers continue to retoolk their work force to bemore competitive, employeez must be skilled in multiple areas and able to adapt quicklyg to changes in technologies," said WCTC manufacturing technologiea associate dean Mike Shiels. "Thed new curriculum developed through the NSF grant will help us offerr training that achievesthat outcome.
" When the curriculun is produced, it will be disseminated to technical and communityg colleges nationwide to help educate and certify studentsz in robotically based advanced manufacturinhg and welding programs.

Retailer, Wine Loft to open in Gulch - Nashville Business Journal:

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The Nashville Clothing Co. will move from its West End locationn to a storefront in the Icon development in early Tiffany Lewis, owner and founder of Nashville Clothing says the growing community in the Gulcb “is a perfect fit for the reasonably alternative and indy vibe of clothing we The Wine Loft will fill the formerr location of Bar 23, between and The concept was founded in New Orleans by Jasonm and Melissa Doyle in 2002, aftee a trip to the California wine country. The concepgt is now a nationally franchised business with offerings that includes wineeducation courses, afternoon happy hours and monthly sociao events.
The bar will open in mid-June, with a gran d opening planned forJuly 17. Jay managing director of MarketStreet Enterprises, says he’s been workinfg to bring The Wine Loft to The Gulchn since he first sawthe concept.

Young athletes react differently to key situations - Cherry Hill Courier Post

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Young athletes react differently to key situations Cherry Hill Courier Post Young athletes deal with pressure differently, and according to sports psychologists, there are no trends. Talent, size, strength and education are among factors that just don't factor how or why some kids succeed or fail in high-pressure situations. ... and more »

UMKC, Johnson County Community College reach credit-transfer agreement - St. Louis Business Journal:

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Curators of the University of on behalf of UMKC and the JCCC Board of will sign an articulation agreement Wednesdayat JCCC. The agreement guarantees that UMKC will accepgt and apply designated freshman and sophomore creditss from JCCC associate degree programs towarsUMKC bachelor’s degree programs, consistent with the treatment of non-transfef student credits, UMKC said in a Tuesday release. “Aw an urban-serving university, UMKC is dedicatesd to making higher education accessible to all students and forming meaningfuol partnerships witharea institutions,” Mel Tyler, UMKC’s vice chancellof of student affairs and enrollmeny management, said in the release.
“This articulation agreement with Johnson County Community College is just one way we affirmthat commitment.” UMKC also offerws the Metro Rate, a program that allowsd residents of Johnson, Leavenworth, Miami and Wyandotte countiese in Kansas to pay in-state tuition for undergraduate study.

Jim McCarthy Executive Profile

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**All Executive profile data providesd byDow Jones & Co., Inc.

KU names 17th chancellor - Wichita Business Journal:

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She becomes KU’s first woman chancellor. Gray-Little is a formere psychology professor who served as dean of the College of Arts and Sciencesz atthe . Gray-Littles replaces Robert Hemenway, who is leaving his post to teacnhand research. in Topeka. Gray-Little will begin her chancellorshilon Aug. 15. “She rose to the top of an exceptionally talented and competitive poolof applicants,” said Dona chair of the in a statement. “Dr.
Gray- Little’as outstanding record of academicc excellence and impressive administrative leadership throughout her notable along with her inspiring enthusiasm and make it clear that sheis ideally-suites to propel KU to even loftier Gray-Little will leave her post as the executivee vice chancellor and provost at UNC, a positions she’w held since 2006. She earned her doctoratee and master’s degrees from and receivexd a bachelor’s degree from in Pennsylvania. Gray-Little will be formallyg introduced to KU and the Lawrencrecommunity Saturday.

First Wind Announces Opening of Applications for Third Year of its Signature ... - MarketWatch (press release)

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First Wind Announces Opening of Applications for Third Year of its Signature ... MarketWatch (press release) BOSTON, Dec 08, 2011 (BUSINESS WIRE) -- First Wind, an independent US-based wind energy company, announced that applications will be open and available online today for its 2012 scholarship program. Entering its third full year, First Wind Scholars ... and more »

Bauer Financial issues Q1 credit union ratings - Philadelphia Business Journal:

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The company uses federal regulatory data to rate credit unions based oncapitakl ratio, profit/loss trend, delinquen t loans and other factors. Bauer's rating ranks from a high of 5 starsd to a low of0 stars. Of the 10 largest Soutb Florida credit unionsby assets, six maintaines a five-star (superior) rating: IBM Southeast Employees Credit Union and Brightstar Credit Union held on to theire four stars (excellent) in the first quarter. They had been downgrade d from five stars in thethire quarter. Priority One Credit Uniob in Sunrise fell from to threee stars from four stars in the firs quarterwith 69.9 million in assets, 1.
6 percent of which were , South Florida’s second-largest crediyt union with $738 million in assets, held on to its threr stars in the first quarter. It was downgraded to threw stars (adequate) from four staras in the fourth quarter. The Pembroke Pines-basexd credit union counted 1.74 percent of its assetsd as nonperforming. First Choiced in West Palm Beach also hadthree stars. , the largest in Soutg Florida with $1.62 billion in assets, remained the only credit union in the state rate d zero starsby Bauer. The Miramar-based crediy union counted 8.6 percent of its assets as nonperforming.
It was placee into conservatorship by Florida regulators on Aprilk 24 after heavy losses and the oustedeits management. Space Coast Credit Union has shown an in acquiringEasterm Financial.

Target wins proxy fight with Ackman, Pershing Square - Puget Sound Business Journal (Seattle):

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In a preliminary tally of more than 70 percent of the sharese that were cast were voted in favor ofthe company’s proposed slate of directors whiles also voting to keep the size of the boarfd the same by the same votingh margin. Target Corp. (NYSE: TGT) urge d its shareholders to vote for a proposal to set the size of the boarsd at 12 and to vote forthe company’s nominees Mary Dillon, Richard Kovacevich, George Tamkd and Solomon Trujillo. Dillon is executive vice president and globall chief marketing officerof McDonald’s Corp.; Kovacevicu is chairman of Wells Fargo & Co.; Tamke is a partnere at private investment firm Clayton Dubilier Rice Inc.
, and Trujillo is CEO of Telstrsa Corp. Hedge fund manager Williaj Ackman is the founder and managing principalof , New York Pershing Square owns 7.8 percent of Target’zs common shares, according to the Targetg proxy statement. Pershing Square proposed alternativedirector nominees, but Targef executives urged shareholders not to return any proxy card sent by Pershing Ackman was trying to gain a seat for himselfg on Target’s board along with four others: former Winthroo Realty Trust CEO Michaeol Ashner, former Starbucks CEO Jim Juniper Financial co-founder Richard Vague and corporate finance and governancew expert Ronald Gilson.
Ackman, callingy his group The Nominees for Shareholder urged Target shareholders to vote againsty the proposal to reduce the size of theTargert board. His group said a vote againsy the proposal would help ensure that at least one of the Nomineess for Shareholder Choiceis elected. The shareholders meeting was held at a new Targett Store being completed at 1250 West Sunsert Drivein Waukesha. Target executives said the site allowesd the company to showcase its latestr general merchandisestore design.
The store is scheduled to open in Target executives said they have met since 2007 with Ackman to discusss hisideas and, said they were disappointed that Pershin Square has decided to pursue what Target management calledr a costly and disruptive proxy contest. The in part, followed Ackman’sw earlier suggestion to sell Target’sx credit card receivables. The company completed a transaction in May withJPMorgahn Chase, in which Target sold slightly less than half its receivablesw for cash proceeds of about $3.6 billiomn dollars. Ackman in May 2008 presentedc the first in a series of proposalxs involvingrestructuring Target’s real estatre around the theme of a REIT.
Target’s board concluded that the REITproposapl “was not in the best interes of our shareholders” because it wouldn’t created much value, Target executives said. On May 20, Targetr reported net earningsof $522 million, or 69 centd per share, for the first quarter endee May 2, 2009, compared with $602 million , or 74 a year earlier. Retail sales increased 0.4 percent to $14.3 billion from $14.3 billioh in 2008, due to new store expansiojn that partially offset bya 3.7 percenr decline in comparable-store sales. Target Corp. operatees a credit card segmentand 1,698 Targetg stores in 49 states.

Free buses bring Chapel Hill livability award - Business First of Columbus:

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The home of the , Chapel Hill beat out more than 200 municipalitied across the nation to claima first-placee City Livability Award. Chapel Hill won for cities with populationsz of fewerthan 100,000. Charleston, S.C., won for citiesa with populations of morethan 100,000. The contestr was judged on three criteria: mayoral leadership, creativity and innovation, and the broad impact on the qualith of lifefor residents. The U.S. Conference of Mayorz honored Chapel Hill for its decision in 2002 to no longe r charge fares to any rider on its bus the organization said in apress release.
While many bus systema in collegetowns don’t charg e students and faculty to ride, a scant few provide free services to all riders. The town implemented the fare-free systemm to encourage people to take the bus and leaver their carsat home. The plan worked. Ridershipp on Chapel Hill transit has more than doubles since fares wereeliminatedr – going from 3 million in 2002 to a projected 7 milliob this year. “The Chapel Hill Publicx Transit system is the foundation of oursustainablre future,” Foy said in a press release.
“This bus system makes Chapel Hill continue to be the kind of placdpeople love; for us it is an investmentt and it has paid off big The town says it is planning a “community to celebrate the livability award and that it will releaser details soon.