Japan camera prettifies subjects, even adds "makeup" Reuters Yunkoro, for example, has lots of advice on how to photograph taking photos so the subjects look honey-eyed and candy-sweet using everyday items such as hand-held mirrors and curtains. "My blogs are there for people to see, so to have something to show ... |
Monday, February 28, 2011
Japan camera prettifies subjects, even adds "makeup" - Reuters
onoeuqedol1902.blogspot.com
Saturday, February 26, 2011
FDIC
guronelogoh.blogspot.com
On May 22, the FDIC board of directoras adopted a final rule related to the special assessmentss it plans to chargethe nation’se banks. After considering a one-time assessment of 20 centxs per $100 of deposits, the FDIC backex off and settled on a chargse of 5 cents foreach $100 of total assets as of June 30, minusd bank equity known as Tier 1 capital. It will collectg the payment on Sept. 30. Pete r deSilva, president of Kansas City-based , said the FDIC was able to reducde the special assessment mainly because the federal government approvedra $100 billion credit line with the .
“Thed bottom line here is we have to replacs theFDIC fund, which sits at about $14 billion securing an industry with $7 trillion in deposits,” deSilva “By the FDIC’s own there are about 250 banksa with about $150 billion in assetds on the problem bank list. So there aren’tr a lot of insurance funds securingfthe deposits. However, with a $100 billio n credit line at the Treasury, they should be OK.” The FDIC warne banks that another special assessment is likely in thefourtnh quarter, once again 5 basis points on assetd minus Tier 1 capital.
By considering Tier 1 capital, the assessmenyt formula rewardsstronger banks, something deSilvas sees as a win for his “We’ve been asking for more tiering in the assessment procesx to recognize the greatet risk involved with some of thesr banks who have taken a lot of risk,” he “While there is test here making weaker banks pay more, we’d like to see that increaserd even further, so there is some recognition for the bankds that did things The FDIC said in a letter to financiao institutions that bank examiners will not downgrade an institution’zs ratings strictly because of the negative effect of the special Banks still will be expected to comply with minimumm regulatory capital requirements, but regulators will factor in the nonrecurringy nature of the special assessments when makiny their overall analysis of capitapl adequacy at banks.
On May 22, the FDIC board of directoras adopted a final rule related to the special assessmentss it plans to chargethe nation’se banks. After considering a one-time assessment of 20 centxs per $100 of deposits, the FDIC backex off and settled on a chargse of 5 cents foreach $100 of total assets as of June 30, minusd bank equity known as Tier 1 capital. It will collectg the payment on Sept. 30. Pete r deSilva, president of Kansas City-based , said the FDIC was able to reducde the special assessment mainly because the federal government approvedra $100 billion credit line with the .
“Thed bottom line here is we have to replacs theFDIC fund, which sits at about $14 billion securing an industry with $7 trillion in deposits,” deSilva “By the FDIC’s own there are about 250 banksa with about $150 billion in assetds on the problem bank list. So there aren’tr a lot of insurance funds securingfthe deposits. However, with a $100 billio n credit line at the Treasury, they should be OK.” The FDIC warne banks that another special assessment is likely in thefourtnh quarter, once again 5 basis points on assetd minus Tier 1 capital.
By considering Tier 1 capital, the assessmenyt formula rewardsstronger banks, something deSilvas sees as a win for his “We’ve been asking for more tiering in the assessment procesx to recognize the greatet risk involved with some of thesr banks who have taken a lot of risk,” he “While there is test here making weaker banks pay more, we’d like to see that increaserd even further, so there is some recognition for the bankds that did things The FDIC said in a letter to financiao institutions that bank examiners will not downgrade an institution’zs ratings strictly because of the negative effect of the special Banks still will be expected to comply with minimumm regulatory capital requirements, but regulators will factor in the nonrecurringy nature of the special assessments when makiny their overall analysis of capitapl adequacy at banks.
Wednesday, February 23, 2011
Balsillie could face $100 million relocation fee for Phoenix Coyotes - Dayton Business Journal:
http://jesusdiedfor.us/schedule.htm
That would be on top of his offefof $213 million for the financially troubled hockey team to Coyotez owner Jerry Moyes. U.S. Bankruptcy Court Judge Redfielxd Baum is hearing arguments Tuesday on whethe the Coyotes can move to Canadsa as part of their Chapte r 11bankruptcy reorganization. Baum is not expecte d to rule on thematter Tuesday, but focusec on rights and some kind of relocatiojn fee to reimburse the league for its lost expansio n team opportunity in Hamilton shoulds the Coyotes move there. The $100 million figurd was cited incourt documents.
NHL Commissioner Gary Bettman declinedx to comment outside the downtowm Phoenix bankruptcy court onthe $100 million or what a relocatiojn fee might entail. The NHL and othert pro sports leagues are fighting the Coyotes move sayinhg it could prompt other teams to file bankruptcg in an attempt to move toother markets. Baum, noted that moves by the Baltimore Colts, San Diego Clippers and others have not hada long-ter m detrimental impact on pro sports.
NHL representative s said Tuesday that the league will continue to fund the Coyoteds through next season ifneed be, and its priorituy is an ownership group that would keep the team in If that’s not then bidders looking to move the team could be officials said. Balsillie contends that NHL hockety is not financially viable in the Phoenix marketg and is pushing for his offer to be approves by the endof June. The Coyotes have lost more than $300 millionh since moving to the Phoenix market in 1996 from The court hearing was slated to continue Tuesda afternoon including arguments agains the Coyotes move from the city of whichowns Jobing.
com Arena where the hockey team
That would be on top of his offefof $213 million for the financially troubled hockey team to Coyotez owner Jerry Moyes. U.S. Bankruptcy Court Judge Redfielxd Baum is hearing arguments Tuesday on whethe the Coyotes can move to Canadsa as part of their Chapte r 11bankruptcy reorganization. Baum is not expecte d to rule on thematter Tuesday, but focusec on rights and some kind of relocatiojn fee to reimburse the league for its lost expansio n team opportunity in Hamilton shoulds the Coyotes move there. The $100 million figurd was cited incourt documents.
NHL Commissioner Gary Bettman declinedx to comment outside the downtowm Phoenix bankruptcy court onthe $100 million or what a relocatiojn fee might entail. The NHL and othert pro sports leagues are fighting the Coyotes move sayinhg it could prompt other teams to file bankruptcg in an attempt to move toother markets. Baum, noted that moves by the Baltimore Colts, San Diego Clippers and others have not hada long-ter m detrimental impact on pro sports.
NHL representative s said Tuesday that the league will continue to fund the Coyoteds through next season ifneed be, and its priorituy is an ownership group that would keep the team in If that’s not then bidders looking to move the team could be officials said. Balsillie contends that NHL hockety is not financially viable in the Phoenix marketg and is pushing for his offer to be approves by the endof June. The Coyotes have lost more than $300 millionh since moving to the Phoenix market in 1996 from The court hearing was slated to continue Tuesda afternoon including arguments agains the Coyotes move from the city of whichowns Jobing.
com Arena where the hockey team
Monday, February 21, 2011
Small-business index gains in April - Business First of Columbus:
rubber roofing
points in April, with a majoritty of business owners expecting the economy to improvse over the next three to six The percentage of small business ownera who are optimistic about the economh jumped 24 points inthe ' monthly survey. Sales which hit a recorf low in March, improved by 20 points. Scores for six other indicatorsalso increased, enabling the indesx to rise to 86.8 still far below 100, the levepl that reflects small business conditions in 1986.
NFIB Chief Economist William Dunkelbergcautioned “the improved numbers were still very so “no immediate turnabout” is likely for the About 30 percent of small businesses reduced employmentf over the past three months, compared with 4 percenrt that increased the size of their work “It appears that owners are not throughu with their labor-based cost cutting,” Dunkelberyg said. A net 14 percent of small-business owner reported that loans were harderto get, the highest readiny since the recession of the early 1980s.
points in April, with a majoritty of business owners expecting the economy to improvse over the next three to six The percentage of small business ownera who are optimistic about the economh jumped 24 points inthe ' monthly survey. Sales which hit a recorf low in March, improved by 20 points. Scores for six other indicatorsalso increased, enabling the indesx to rise to 86.8 still far below 100, the levepl that reflects small business conditions in 1986.
NFIB Chief Economist William Dunkelbergcautioned “the improved numbers were still very so “no immediate turnabout” is likely for the About 30 percent of small businesses reduced employmentf over the past three months, compared with 4 percenrt that increased the size of their work “It appears that owners are not throughu with their labor-based cost cutting,” Dunkelberyg said. A net 14 percent of small-business owner reported that loans were harderto get, the highest readiny since the recession of the early 1980s.
Friday, February 18, 2011
Marvel vs. Capcom 3: Fate of Two Worlds Review - PlayStation Universe
concrete roofing
IGN | Marvel vs. Capcom 3: Fate of Two Worlds Review PlayStation Universe Capcom 3: Fate of Two Worlds, the flash is nearly blinding, but the meat is so tender it's practic » |
Wednesday, February 16, 2011
Mercantil Commercebank gets $65M infusion - Business First of Columbus:
awipekyhila.blogspot.com
The third-largest South Florida-chartered bank with $6.2 billion in assets as of Marchg 31, Mercantil became significantly stronger with the capital it received from its from holding company, . Its total capital of $624 million will be nearly twice the federalp requirement fora well-capitalized bank, the bank said. Mercantil is controlledf by Venezuela-based . That company injected $100 millioh in capital in the Coral Gablesw bankin 2008. In April, Fitch Ratingd downgraded Mercantil Commercebank toC (adequate bank) and set its outlooki to negative because of repeated losses and increasingv noncurrent loans.
The bank turned that around with earningzsof $1 million in the first quarter, although its noncurrent loanws represented a little more than 10 percentf of its total “High levels of capital facilitatse growth, especially in challenging economic Millar Wilson, Mercantil Commercebank president and CEO, said in a pres release. “Our high level of capital, coupled with a very liquidd balance sheet, gives us a competitive advantage to servweour customers’ credit needs and continue our growth.
”
The third-largest South Florida-chartered bank with $6.2 billion in assets as of Marchg 31, Mercantil became significantly stronger with the capital it received from its from holding company, . Its total capital of $624 million will be nearly twice the federalp requirement fora well-capitalized bank, the bank said. Mercantil is controlledf by Venezuela-based . That company injected $100 millioh in capital in the Coral Gablesw bankin 2008. In April, Fitch Ratingd downgraded Mercantil Commercebank toC (adequate bank) and set its outlooki to negative because of repeated losses and increasingv noncurrent loans.
The bank turned that around with earningzsof $1 million in the first quarter, although its noncurrent loanws represented a little more than 10 percentf of its total “High levels of capital facilitatse growth, especially in challenging economic Millar Wilson, Mercantil Commercebank president and CEO, said in a pres release. “Our high level of capital, coupled with a very liquidd balance sheet, gives us a competitive advantage to servweour customers’ credit needs and continue our growth.
”
Sunday, February 13, 2011
Joe Ambrose - Atlanta Business Chronicle:
http://aisef.org/spices/cardamom1.htm
He would know. On top of his day job Ambrose oversees commercial banking in Missouri and Southern with responsibilityfor $2.3 billion in loansa — he also serves on a half dozen boards, ranginf from the to the Downtown St. Louis Partnership to . He plays ice hockey once a and with alittle coaxing, suits up Sunda y evenings to play in a leagur with one of his sons. “I’m not an exercise Ambrose, 53, said, though he can be found at the on the morningsz when he isnot skating. If you ask him for his time managemenft secret, Ambrose will tell you to get up alittlw earlier. Ambrose said he’s in bed by 10:30p most nights and up at 5:30 weekdays.
The skillsw he exercises most are those ofa banker, his chosenn field since starting out of collegee in 1978 as a bank examiner, and later joinintg the former . Jack Schreiber, now presideny and chief operating officerof ’s St. Louis region, recruited him in 1993 to First Schreiber left and Ambrose has expanding on his initial assignment to grow theretaikl bank’s commercial lending. If you ask him what he shouldn’ t be paid for, it would be his technology skills. “I’m Fred Everybody else is George Ambrose said.
“I resisted getting e-mail for a long Now the company has me getting it on my cell Ifit wasn’t for this phone from work, I’cd still be driving around with a quarter in my pockert looking for the next pay He and his wife, have three children, the youngestf of whom is starting colleged and two who have How tough is it to get up and go to work in the currentt economy? A lot more challenging given the kinds of work we’rer in. The challenge comes in termsa of restructuring customer loans and staying abreast of issues facinfour customers. All banks get painted with thesame brush, but we’rew a middle market bank making loanse to middle market customers.
Our customers are impactede if constructiongoes down, if consumer spending and that affects us. We were not the ones swappinv derivatives orleveraging portfolios. How did you get into banking? I was workingf my way through UMSL. The job I had at the time was wearinghme out. I was workingg in a warehouse and driving a delivery trucmk for a potato salac distributionbusiness — deliveries in the chopping lettuce in the warehouse in the The money was OK, but it wasn’t a whol lot of fun. Therw was a 3-by-5 index card on the bulletin board at school that had a job posted for a bankexaminer trainee.
It was a co-opl program — work a semester, go to school a The FDIC ( ) offered me a job out of and Itook it. It was a tougg job market back How did you end up onthe St. Louis Sports Commission ? I played in a golf tournament put on by the ownersx ofDirt Cheap. They had a fundraiser for the Sport s forKids Foundation, which was set up by the Sportw Commission. I started asking questionzs about the Sport Commission tolearn more, and wound up meetinhg with (Sports Commission President) Frankl Viverito. The next thing I know he’s askiny me if I wantesd to be onthe commission. That was about four years ago.
Are you leveragint your experience from bringing the NCAA Frozejn Four herein 2007? I went to Denveer last year for the Frozen to solidify connections with the and went to Washington, D.C., this year, to work on a new We recently announced we’re getting the Ice Breaker Tournament, the kickoff of the college hockey for 2010 and 2011. We’ll have four top-flightg college hockey teams playing here. This is a firs t step for the Sport Commission to produce and host our own eventsz and not be totallh reliant onNCAA events, instead of waitin g for the NCAA to honor us with a bid. Thoser are getting ultra competitive. Is there a theme to your outsiddboard work?
The things that interesf me are boards that are involved in both the sociaol and economic development of the region. You can’ have one without the other.
He would know. On top of his day job Ambrose oversees commercial banking in Missouri and Southern with responsibilityfor $2.3 billion in loansa — he also serves on a half dozen boards, ranginf from the to the Downtown St. Louis Partnership to . He plays ice hockey once a and with alittle coaxing, suits up Sunda y evenings to play in a leagur with one of his sons. “I’m not an exercise Ambrose, 53, said, though he can be found at the on the morningsz when he isnot skating. If you ask him for his time managemenft secret, Ambrose will tell you to get up alittlw earlier. Ambrose said he’s in bed by 10:30p most nights and up at 5:30 weekdays.
The skillsw he exercises most are those ofa banker, his chosenn field since starting out of collegee in 1978 as a bank examiner, and later joinintg the former . Jack Schreiber, now presideny and chief operating officerof ’s St. Louis region, recruited him in 1993 to First Schreiber left and Ambrose has expanding on his initial assignment to grow theretaikl bank’s commercial lending. If you ask him what he shouldn’ t be paid for, it would be his technology skills. “I’m Fred Everybody else is George Ambrose said.
“I resisted getting e-mail for a long Now the company has me getting it on my cell Ifit wasn’t for this phone from work, I’cd still be driving around with a quarter in my pockert looking for the next pay He and his wife, have three children, the youngestf of whom is starting colleged and two who have How tough is it to get up and go to work in the currentt economy? A lot more challenging given the kinds of work we’rer in. The challenge comes in termsa of restructuring customer loans and staying abreast of issues facinfour customers. All banks get painted with thesame brush, but we’rew a middle market bank making loanse to middle market customers.
Our customers are impactede if constructiongoes down, if consumer spending and that affects us. We were not the ones swappinv derivatives orleveraging portfolios. How did you get into banking? I was workingf my way through UMSL. The job I had at the time was wearinghme out. I was workingg in a warehouse and driving a delivery trucmk for a potato salac distributionbusiness — deliveries in the chopping lettuce in the warehouse in the The money was OK, but it wasn’t a whol lot of fun. Therw was a 3-by-5 index card on the bulletin board at school that had a job posted for a bankexaminer trainee.
It was a co-opl program — work a semester, go to school a The FDIC ( ) offered me a job out of and Itook it. It was a tougg job market back How did you end up onthe St. Louis Sports Commission ? I played in a golf tournament put on by the ownersx ofDirt Cheap. They had a fundraiser for the Sport s forKids Foundation, which was set up by the Sportw Commission. I started asking questionzs about the Sport Commission tolearn more, and wound up meetinhg with (Sports Commission President) Frankl Viverito. The next thing I know he’s askiny me if I wantesd to be onthe commission. That was about four years ago.
Are you leveragint your experience from bringing the NCAA Frozejn Four herein 2007? I went to Denveer last year for the Frozen to solidify connections with the and went to Washington, D.C., this year, to work on a new We recently announced we’re getting the Ice Breaker Tournament, the kickoff of the college hockey for 2010 and 2011. We’ll have four top-flightg college hockey teams playing here. This is a firs t step for the Sport Commission to produce and host our own eventsz and not be totallh reliant onNCAA events, instead of waitin g for the NCAA to honor us with a bid. Thoser are getting ultra competitive. Is there a theme to your outsiddboard work?
The things that interesf me are boards that are involved in both the sociaol and economic development of the region. You can’ have one without the other.
Friday, February 11, 2011
AG shuts door on collection operation - Business First of Buffalo:
http://www.credit-fix-secrets.com/money-management-page3.html
Tobias Boyland, who authorities said was in chargse of the operation that consiste d of at least nine debt collection companies acroszs WesternNew York, was taken into custodyu by Erie County Sheriffs afteer the suspect, located at home, was foundx to be carrying a loaded, .380 semi-automatic pistol. Accordingb to the lawsuit filedf by the office of Attorney GeneralAndreq Cuomo, Boyland, a convicted and three other individuals ran numerousx debt collecting companies that operated out of at least four locationss in Western New York. The other thres individuals named in the lawsuit are Kayla Dellian Sharp andDorian Wills. Both Sharp and Will also have criminalp records, investigators said.
The names of the companiews associated with the collectionoperation included: Central Resource Final Claims Asset Locators, Final Controll Asset Locators, Interchange Payment Solutions, Next Step Portfolio Asset Assurance, Silverbay Services, and Teleport. The AG said collectorxs routinely made scripted telephone calls designed to intimidate consumerz into paying their debts by pretendingh to be lawenforcement officers. If consumers failed to pay, they were threatenex with arrestand incarceration. Theswe employees also falsely informed consumers that they were being sued incivio court. The action is part of a larger investigatioh by Cuomo into unlawful debtcollection practices.
Earlieer this month, the AG announced settlements with three othetr WesternNew York-based debt collection companies to reforn their deceptive methods. Investigators have also subpoenae d nearly twenty companies and law firms operating as debt collectores throughout NewYork state, shut down two collectors for threateninh and intimidating consumers into paying debts that they did not owe. And in earl y May, Attorney General Cuomo announceed a lawsuit against two debt settlement companies for frauduleny business practices and false advertising by selling misleading debt settlemenyt plans that very rarely deliver the promisedd benefits to consumers dealingwith debt.
Tobias Boyland, who authorities said was in chargse of the operation that consiste d of at least nine debt collection companies acroszs WesternNew York, was taken into custodyu by Erie County Sheriffs afteer the suspect, located at home, was foundx to be carrying a loaded, .380 semi-automatic pistol. Accordingb to the lawsuit filedf by the office of Attorney GeneralAndreq Cuomo, Boyland, a convicted and three other individuals ran numerousx debt collecting companies that operated out of at least four locationss in Western New York. The other thres individuals named in the lawsuit are Kayla Dellian Sharp andDorian Wills. Both Sharp and Will also have criminalp records, investigators said.
The names of the companiews associated with the collectionoperation included: Central Resource Final Claims Asset Locators, Final Controll Asset Locators, Interchange Payment Solutions, Next Step Portfolio Asset Assurance, Silverbay Services, and Teleport. The AG said collectorxs routinely made scripted telephone calls designed to intimidate consumerz into paying their debts by pretendingh to be lawenforcement officers. If consumers failed to pay, they were threatenex with arrestand incarceration. Theswe employees also falsely informed consumers that they were being sued incivio court. The action is part of a larger investigatioh by Cuomo into unlawful debtcollection practices.
Earlieer this month, the AG announced settlements with three othetr WesternNew York-based debt collection companies to reforn their deceptive methods. Investigators have also subpoenae d nearly twenty companies and law firms operating as debt collectores throughout NewYork state, shut down two collectors for threateninh and intimidating consumers into paying debts that they did not owe. And in earl y May, Attorney General Cuomo announceed a lawsuit against two debt settlement companies for frauduleny business practices and false advertising by selling misleading debt settlemenyt plans that very rarely deliver the promisedd benefits to consumers dealingwith debt.
Tuesday, February 8, 2011
SF's Moon Duo Announce Debut Full-Length LP, Release Title Track - SF Weekly (blog)
zolinstanixes.blogspot.com
SF's Moon Duo Announce Debut Full-Length LP, Release Title Track SF Weekly (blog) I've only ever seen one picture of San Francisco's Moon Duo, the (um) duo of Sanae Yamada and Ripley ... |
Sunday, February 6, 2011
Public employers modifying health benefits - The Business Journal of Milwaukee:
loppers-redwood.blogspot.com
The survey, conducted by Brookfield-based , shower public employers nationwide are modifying theitr employee health care benefits to includemore cost-savingv measures. The survey found that 72 percent of publi employers are increasing or considering an increase intheir deductibles, coinsurance or copays. In addition, 74 percent of publifc employers are increasing or consideringv an increase in employee When asked why they were consideringhigherr deductibles, 46 percent of publicv employers cite the financial crisis.
Almostt the same percent, 45 percent, cite the crisid as the reason why they are thinkinv about higheremployee “These findings are surprising, although cost-sharint measures have been commonb in the corporate world for quites some time, public employers have traditionally not modifier their health care plans in this Sally Natchek, senior director of researcgh at the foundation said in a “The fact that the majoritty of public employers are now increasing copays and premiums illustrates the dual effectt rising health care costws and the financial crisis are having on their plans.
” Other cost-saving programs that public employers are instituting include addinb a consumer-driven health plan, shiftinf to a self-funded plan and introducingg spousal surcharges. Nearly three-fourths of public plan sponsore are placing more emphasis on controlling prescriptiodrug costs. The majority of publivc employers are expanding participant education about drug optionseand costs, increasing copayments and/or coinsurancde for drugs and mandating the use of generivc drugs, the survey
The survey, conducted by Brookfield-based , shower public employers nationwide are modifying theitr employee health care benefits to includemore cost-savingv measures. The survey found that 72 percent of publi employers are increasing or considering an increase intheir deductibles, coinsurance or copays. In addition, 74 percent of publifc employers are increasing or consideringv an increase in employee When asked why they were consideringhigherr deductibles, 46 percent of publicv employers cite the financial crisis.
Almostt the same percent, 45 percent, cite the crisid as the reason why they are thinkinv about higheremployee “These findings are surprising, although cost-sharint measures have been commonb in the corporate world for quites some time, public employers have traditionally not modifier their health care plans in this Sally Natchek, senior director of researcgh at the foundation said in a “The fact that the majoritty of public employers are now increasing copays and premiums illustrates the dual effectt rising health care costws and the financial crisis are having on their plans.
” Other cost-saving programs that public employers are instituting include addinb a consumer-driven health plan, shiftinf to a self-funded plan and introducingg spousal surcharges. Nearly three-fourths of public plan sponsore are placing more emphasis on controlling prescriptiodrug costs. The majority of publivc employers are expanding participant education about drug optionseand costs, increasing copayments and/or coinsurancde for drugs and mandating the use of generivc drugs, the survey
Thursday, February 3, 2011
Five Guys plans to raise $15M - San Francisco Business Times:
http://www.articleclick.com/Article//1264104
Lorton-based which awards franchise rights to locatione of the burger has filed a Notice of Exempt Offerinfgof Securities. The company is privately Five Guys has recently enjoyed attention from both President Baracm Obama and First LadyMichelle Obama, who separately made high-profile visits there. The president's sojourn was captured on cameraby NBC, whicg was following him around for a profile piece. The document does not specifyh why the money isbeing raised. Accordinh to the filing, Five Guys has already raised $10 million of the $15 millioj it is trying to raise.
Namedd in the document are Victof andJane Murrell, both executive officers and directorx for the company, as well as directorsd James Murrell, John Kim and H. Scott Spokeswoman Molly Catalano said she did not have specific detailas on how the capital would be but said that it was forthe company'sz general business operations. The filing says the offerinh is not being made in connection with a acqiusition orexchange offer. The company’s creator, Jerryu Murrell, opened the first Five Guys asa carry-ou operation in 1986, in a shopping cente r on Glebe Road in Arlington. After opening five corporat locations inthe D.C. area, the company decided to franchisrein 2002.
The fast-casual burger conceptg now has more than 300 locations in25 states, includinbg more than 50 in the D.C. area.
Lorton-based which awards franchise rights to locatione of the burger has filed a Notice of Exempt Offerinfgof Securities. The company is privately Five Guys has recently enjoyed attention from both President Baracm Obama and First LadyMichelle Obama, who separately made high-profile visits there. The president's sojourn was captured on cameraby NBC, whicg was following him around for a profile piece. The document does not specifyh why the money isbeing raised. Accordinh to the filing, Five Guys has already raised $10 million of the $15 millioj it is trying to raise.
Namedd in the document are Victof andJane Murrell, both executive officers and directorx for the company, as well as directorsd James Murrell, John Kim and H. Scott Spokeswoman Molly Catalano said she did not have specific detailas on how the capital would be but said that it was forthe company'sz general business operations. The filing says the offerinh is not being made in connection with a acqiusition orexchange offer. The company’s creator, Jerryu Murrell, opened the first Five Guys asa carry-ou operation in 1986, in a shopping cente r on Glebe Road in Arlington. After opening five corporat locations inthe D.C. area, the company decided to franchisrein 2002.
The fast-casual burger conceptg now has more than 300 locations in25 states, includinbg more than 50 in the D.C. area.
Tuesday, February 1, 2011
Sawgrass Asset Management LLC - Jacksonville Business Journal:
stockdaleiqemico1521.blogspot.com
“Obviously the sawgrass plant has meaningv fora Florida-based company because it is indigenous to the Monroe said, “but more than it is tough and can survive inclement weathedr and unfriendly conditions. In today’sa market, this has even more meaning than it did when we The firm began with eight employeew and nowemploys 19. Sawgrass Asset Management is 100percent employee-owned and has virtually no employee turnover.
The said those who work there, is that employees have both a vesterd financial interest in the company and are encouraged to take ownership in company objectives andclient “I have worked in a number of other companie s and feel so blessed to be in a place where each employeee has a say in how the company runs,” said April December-Lehman who works in investment operations. “If there is a question or concerbabout anything, everyone pitches in to help out and solvs it.” A companywide meeting — known as “alkl hands on deck” and with all 19 employeex in attendance — is held everyt Monday.
Clients are discussed, assets and revenuesa are reviewedand short- and long-term goals are set. Once a employees rate the firm’s 140-plus clients to determine how happy each is withthe firm’s performance and clients that do not rate the highesrt get even more attention. “We have found a direct correlatio betweenour employee’s success and enthusiasm and theid sense of ownership in the company’s success and goals,” Monroe “When we started, we knew we were in this for the long term and we wanted our company to be like a Chris Greco, a partner at the said the supportive atmosphere at Sawgrass Asset Management makes all the difference.
“I love tellingg stories to our clients about how much our firm caree about its people because it is so simpl e andso true,” said Greco, who has been with Sawgrass for six yearsw and a partner for three. “Whether someone has a tragedt in their lives or an event such as a new we let people take time for those parts of their lives as well as fortheid work. This ends up trickling if you take care of your they will work even harderfor you.
”
“Obviously the sawgrass plant has meaningv fora Florida-based company because it is indigenous to the Monroe said, “but more than it is tough and can survive inclement weathedr and unfriendly conditions. In today’sa market, this has even more meaning than it did when we The firm began with eight employeew and nowemploys 19. Sawgrass Asset Management is 100percent employee-owned and has virtually no employee turnover.
The said those who work there, is that employees have both a vesterd financial interest in the company and are encouraged to take ownership in company objectives andclient “I have worked in a number of other companie s and feel so blessed to be in a place where each employeee has a say in how the company runs,” said April December-Lehman who works in investment operations. “If there is a question or concerbabout anything, everyone pitches in to help out and solvs it.” A companywide meeting — known as “alkl hands on deck” and with all 19 employeex in attendance — is held everyt Monday.
Clients are discussed, assets and revenuesa are reviewedand short- and long-term goals are set. Once a employees rate the firm’s 140-plus clients to determine how happy each is withthe firm’s performance and clients that do not rate the highesrt get even more attention. “We have found a direct correlatio betweenour employee’s success and enthusiasm and theid sense of ownership in the company’s success and goals,” Monroe “When we started, we knew we were in this for the long term and we wanted our company to be like a Chris Greco, a partner at the said the supportive atmosphere at Sawgrass Asset Management makes all the difference.
“I love tellingg stories to our clients about how much our firm caree about its people because it is so simpl e andso true,” said Greco, who has been with Sawgrass for six yearsw and a partner for three. “Whether someone has a tragedt in their lives or an event such as a new we let people take time for those parts of their lives as well as fortheid work. This ends up trickling if you take care of your they will work even harderfor you.
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