الثلاثاء، 28 فبراير 2012

Supreme Court temporarily blocks Chrysler/Fiat merger - Silicon Valley / San Jose Business Journal:

http://www.freewheelintornados.com/2008/03/26/tornado-damage-forces-milk-plant-to-close-early-ajccom/
Supreme Court Justice Ruth Bader Ginsbertg granted a motion filed by Indiana state pensiom funds to delay the merger between the American and Italiam automakers in what the said was an administrative extension designed to allowa sufficient time for the Supreme Court to explord whether or not a stay is according to several published reportslate Monday. The Supremre Court move extends a stay already issued by a lower courtf that was set to expire lateafternoo Monday. Fiat has given Chrysler until June 15 to finishthe merger. Attorneyds for the pension funds argued that they would receivwe just pennies on the dollar fora $42 milliohn loan given to Chrysler. U.S.
Solicitor General Elenaw Kagan said the imminent collapse ofChryslerf — said to be losing upward of $100 milliob daily — was of greater concern to governmengt officials than the loan dispute. When Chryslerd filed for Chapter 11 bankruptcy protectiojlast month, it announced it would reject 789 dealershiop agreements nationwide, including 35 in Florida. Local dealership affected include GoldenMotors Inc. dba , Jim Boastt Dodge Inc. dba in Bradenton, Plattned Automotive dba Tarpon Springs Dodge Regal dbain Lakeland, Ltd., St. Pete Jeep Eagled dba and 1099 LLCdba . 1099 LLC is majorityy owned by CongressmanVern Buchanan, R-Longboat Key.
On May 27, Floridq Attorney General Bill McCollum filed a formal objection to the Floridadealershi rejections. On Monday, Sen. Bob Corker, R-Tenn., said he was introducinhg a measure that would use government fundzs to full reimburse rejected dealershipxs for vehicles and parts whild both Chryslerand (OTC PK: worked through bankruptcy. GM filedc for Chapter 11 bankruptcy protectionJune 1.

الأحد، 26 فبراير 2012

Boko Haram: Sahel Joint Military Command invites Nigeria •As suspects demand ... - Nigerian Tribune

http://nolaer.net/education/michael-gove-ducks-question-over-deletion-of-private-emails/


Boko Haram: Sahel Joint Military Command invites Nigeria •As suspects demand ...

Nigerian Tribune


AS the Boko Haram insurgency continues unabated, the Sahel Joint Military Command, comprising militaries of Algeria, Mali, Mauritania and Niger, has reportedly invited Nigeria to join it for a combined counter-terrorism efforts in the Sahel and ...



and more »

الجمعة، 24 فبراير 2012

Justified Round Table: "When the Guns Come Out" - TV Fanatic

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HitFix (blog)


Justified Round Table: "When the Guns Come Out"

TV Fanatic


Justified delivered yet another stellar episode this week, as Raylan and Boyd had another standoff, Winona came to a decision and Limehouse got deeply involved in the Oxy war enveloping Harlan. In the latest edition of the TV Fanatic Round Table, ...


'Justified' - 'When The Guns Come Out' Recap

TheCelebrityCafe.com


'Justified' recap: The break-up

Los Angeles Times (blog)


Justified: The Spark That Set Harlan Ablaze

TV.com


Entertainment Weekly -W »

الأربعاء، 22 فبراير 2012

Regions Bank gets control of Treasure Island Tennis & Yacht Club - St. Louis Business Journal:

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Judge Caryl E. Delano of the ’s Middle District of Florida, approved a plan Wednesday that wouldr turn over the Treasure Island Causeway clubto . Keys are expecter to be turned over by the end of the day The changing of hands was part of a revised reorganization plan filed in March by the Tennis Yacht Club following its Chapter11 “The court’s ruling today provides a mechanism for a distinct bank subsidiaryh to take total ownership of all club assetsd in a manner that is less expensive and least intrusivre to the operation” of the said John Anthony of , who representef Regions Bank in the bankruptcy, in a statement.
The takeoved will allow Regions Bank to market the 17 waterfront acres to potential Anthony said. When the Tennis & Yacht Club filedf for bankruptcy, it reported assets and liabilitiesbetween $1 milliobn and $10 million. The club’s largest unsecured creditofr last October was of Palmett ofor $13,502. However, the club owed Regions Bank as muchas $9.5 which owned the mortgage on the property. The club issuec taxable variable rate demand bondsfor $6 million throughj Regions Bank in September 2005 to help finance construction on a new which was completed in early 2008. The club issued a secondc bond in March 2006for $1 million and a thirsd in April 2007 for $1.
8 Regions Bank provided letterw of credit for both, according to courtt documents. The Tennis & Yacht Club paid its principall on the debt inOctoberr 2008, but its efforts to have Regions Bank restructure the loan were forcing the club into bankruptcy. Employees at the club are expectedd to remain on the payroll duringbthe transition, and scheduled activities — including this weekend’s Fourth of July event — will continu as planned, Anthony said. The Tennis & Yachyt Club was founded in 1986 and as of its bankruptcy filing had450 members, according to courft documents.

الاثنين، 20 فبراير 2012

Roberts backs KU Cancer Center's push for NCI designation - Pittsburgh Business Times:

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Roberts, R-Kan., spoke at The ’sa Westwood medical building. He said that it now takesa 10 years to 17 yearsand $1 billion to bring a new drug to which Roberts called a “national The National Cancer Instituter said in November that the KU Cancer Center has a 25, 2011, application date for its efforts to get an initia five-year designation as an NCI cancer center. The months-long application process for institutions seeking new designationes begins with submission of documentation that sometimesexceede 1,000 pages and includes a site visitt and other steps. The earliest that KU Cancer Center’s application could be approvesd is the springof 2012.
64 cancer centers receive Cancer Center Support Grants to support research to reducethe incidence, morbiditg and mortality rates of cancer. Therre are 23 cancer centers and 41 comprehensivecancer centers. The KU Cancer Center is part of , whichh is the medical research and education arm of the Universitgof Kansas. NCI designation — KU’s No. 1 priorituy — typically is granted to academicmedical Therefore, KU Medical Center is the entituy that will apply for NCI designation. • Increased regiona patient accessto cutting-edge clinicalp trials. • More than $1.3 billion in annuao economic benefits inthe region.
• An increass in KU Cancer Center’s annual NCI financing from the current $7.5 million to aboutt $40 million. NCI-affiliated institutions also attrac world-class researchers who bring NCI grants with and part of the estimated increase is basecdon that. Many of these researchers double as adding expertise and depth invariousx cancer-care sub-specialties.

السبت، 18 فبراير 2012

Homebuilders still slow but

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While no builders predict a completre turnaroundin 2009, some are seeing improvement. Stephen president of the and ownerof LLC, says trafficd at his home sites is higher than it’s been in two but that hasn’t translated to a saled increase. The local market has absorbecd a lot ofhousing inventory, but builders are stilo building houses at lower rates than what they’rre selling, he says. “With an up-tick, we feel theree will be a shortageof houses,” Hodgkinsx says. “I’d say anybody that doesn’t act by the end of the summed will miss out ona buyer’s market.
” New home salesx have floundered in Memphis, with 807 new homesw sold in 2008, according to data. That numbefr is sharply lower thanthe 1,535 new home salews in 2007 and a fraction of the 2,920 new home salez in 2006 and 3,570 in 2005. Hodgkins’ company had arounc 17 employees and numerous subcontractors 18monthss ago. Before last year, he averaged around 40 to 50 housesa “I don’t have any employees righyt now, and I’d say 300 people have been laid off becausew of my company,” he “I had to lay off my my plumber and framing carpenters.” MAHBA statisticsz show that every housing startt is worth 3.
4 jobs, so if thoss starts are down by 1 million, it meanes 3.4 million jobs have been lost due to the slowdown. Those include jobs at saw concrete manufacturers and othematerial suppliers. “People don’tg realize how much of an effect that fall off Hodgkins says. “In a normal home constructionis 16% of the gross national product of the United No wonder the economy’s down when we’re down.” To avoidf massive layoffs, or in some to avoid going out of business, locap homebuilders have looked into doing jobs they wouldn’t normallyu do, like renovations or remodeling.
David Clark, who owns LLC, says his 6-year-oldf company is trying to diversify by doing home additions or storage buildingds thathe wouldn’t have considered in the past. His company typicalluy builds six housesa year, but is down to three now. For Tommy Byrnes, a partner with , that meantt competition encroaching onhis turf. Byrnes, a customj home builder, says most of his work over the last two yeard has been renovations or additionsafor customers, a hot markety right now. Part of the reason is becauswe people are trying to fix up the homes they have instead of buying or buildintgnew ones.
A decliner in labor costs and some materialk costs are also driving morehome “We can do thingss faster because labor has loosened up and we’rs getting guys on the job Byrnes says. In 2005, Byrnes Ostner had 10-1 5 projects going at once. Last year the most the company had at one timewas five. Byrnes says most of the company’se current projects are $500,000-$1 million projects. His companyt actually pursued remodeling jobs asa strategy. He doesn’t begrudge other builders for doing remodeling, but he also makes sure his clientasknow who’s been doing the work “It helped us when the markeg suffered because we were already geared up and in the he says.
Clark, Byrnes and Hodgkins all say currenfinterest rates, some as low as 4.5%-4.75%, are havint a favorable effect on demand in the “Interest rates are at a historic low and with the first-times home buyer credits, we’rwe seeing some contracts on Clark says. “I hope that’s a sign we’re coming out of it, but I thinm that as long as it took us to getinto it, it’l take us that much time to get

الخميس، 16 فبراير 2012

Revamped magazine not just for men

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The bimonthly magazine, with a paid circulation of about 3,000, will be known as Cincinnatu Profile startingin June. Its 15,000 hard copies will be supplemented by an electronid version that canbe e-mailed or downloaderd by cell phone. In the magazine has struck a dealwith , whicjh will distribute the electronic versiom to the 25,000 young professionals who participate in CSL’zs softball, basketball, bowling and flag football leagues. The retooling comes at a roughb timefor magazines, according to the . Totap revenue in that sector declined 20 percengtto $4.
2 billion in the first quarter of 2009, as advertisersz froze marketing budgets when the economuy ground to a halt late last year. finance and retail were segments that cut ad spendinygmost severely. “We want to create a magazine where webecomw Cincinnati’s profile page,” said Tom Schaefer, publisher of the four-year-ole publication. Schaefer wouldn’t comment on the magazine’s profitability, and said revenus has been flat. Schaefer, son of former CEO Georgew Schaefer, conceived the publication as a Cincinnati versiohn of Esquire or GQin 2005.
He sold it to Reach founder Bob Slattery in 2007 but staye d on as publisher and minority Schaefersaid he’s been contemplating a name change for monthz because the original doesn’ty reflect its readership, half of whom are women. “Thr heart of the magazine was our profiles,” Schaefer said, “the stories we told on We thought, ‘Let’s take what we do well and expanx it, make the whole magazine abour people.’” He’s hoping to boost readershipp over 50,000 with the new distribution strategy.
“It’s somethinh we hope is scalable, to be able to take to other markets,” said Slattery, who thinks the magazine could be rolled out to Indianapolis or Columbusby 2010. “Wd want to make sure we have the modelkdown right.”

الثلاثاء، 14 فبراير 2012

Labatt expects growth in Buffalo - St. Louis Business Journal:

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When New York-based KPS, a $1.8 billion private-equityu firm, bought Labatt USA last winter, it pledgex to keep the popularCanadian beer’s U.S. headquarters in downtown Buffalo. Labatt USA moved the headquarters from Connecticuftto downtown’s Key Center at Fountain Plazq complex two years ago. Many feared the sale of Labatf USA would translate intothe U.S. headquarters beint relocated. Those fears can be tossedf aside, said Richard Lozyniak. He is the newly namedx chief executive officerof , the KPS affiliate that owns Labattt USA and Rochester’s High Falla Brewing Co. LLC. High Falls producea the GeneseeBeer brand, as well as the Dundee Ales and the Seagram’ss Co.
Ltd. line of wine coolers and malt beverages. Labatt USA, which had 20 peoplwe working in the downtowBuffalo office, expects to nearly double the local workforce by hiring as many as 16 people to focuas on sales, marketing and administrative support. To put things into consider that with as many as 40 people working from the KeyCenteer offices, that would be more than half of the 77 peoplwe the beer manufacturer has working on sales and marketingg throughout the United States. All of the out-of-tow sales and marketing personnel will reportr to theBuffalo office.
“Ik guess that puts an exclamation point to the fact that Labatrt remains fully committed to keeping Buffalio asits headquarters,” Lozyniak “Buffalo is absolutely critical to Labatt’s futuree in the United States.” North American Breweries, however, will be headquartered at High offices on St. Paul Stree t in downtown Rochester. Lozyniak will live in Rochester, but he said he expectw to be spending a fair amount of time in High Falls has 370 employees in The plant has the capacity to annuallgy produce 3 million barrelsof beer. A barrel is equalp to 13.
8 cases of North American Breweries will beinvesting $10 million in equipmenrt upgrades for the High Falls plant, whichj it acquired last winter, shortly before it boughrt Labatt USA. The U.S. Departmenty of Justice orderedLabatt USA’sa former owner, Interbrew International B.V. – an affiliate of beer-makingh giant InBev – to sell the Canadiab beer because of possible concernsover monopolies, givem the market strength of Labattr and Budweiser brands in Upstate New The Buffalo Niagara region alonr accounts for approximately 3.3 million casews of beer of the estimatex 21 million cases that Labatt sells in the United States each year.
Beer Marketersz Insight lists Labatt USA asthe country’a ninth most popular beer. High Falls, through the Genesee and Dundee beers, sold approximately 5.5 million case s of beer last year. Anheuser-Busch toppe the Beer Marketers Insight rankingwith 1.5 billion cases of beer sold last year. “Lookingb at what KPS is doing, it lookas like they are putting their money where theidrmouth is,” said Ben Steinman, Beer Marketers Insighrt editor. “They are placing their he said. “They must see something the othedr ownerseither didn’t see or couldn’r execute. It does appear they do have a definitw game plan for Labattand Genny.” Lozyniaj agrees.
The game plan is to grow both Labatt andGenesee Labatt’s focus will be more national, especially with so many Canadiane living or working in the United States. The beefed-u p Buffalo sales and marketingt force will play a significant rolein Labatt’x future. “Especially in the Great Lakexs states, people can relate to Labatt,” Lozyniak “Everyone has a favorable impressiom of Canada andits beers. People don’t feel like a snob when they are drinkinvg aCanadian beer. The image of Labatt is a bunchn of guys hanging out and having agood time.

السبت، 11 فبراير 2012

Wichita exhibits designer changes name - Wichita Business Journal:

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The company on Monday announces itsnew name: The Image Resources Group. The company’s previous name was a marriagse ofNimlok Kansas/ Image Resources Inc. and the Desigbn Centre following a mergerlast August. The which is located at 2940 S. Minneapolids St., says the new name better represents the serviceait provides. Its new Web site, includes an extensive photo gallery of projectd in several categories and a blog with recenmarketing trends, tips and advice for those in the Prior to the Nimlok Kansas was best known for its work on interiorr projects such as the concourse area at Charles Koch while The Design Centre specialized in special event displays.
Creatin custom and modular tradeshow one-of-a-kind events and permanent museum and corporate displays will continued to be the focus, the companuy says. The Design Centre’s full-time staff was retained in the Allen Clouse, who was presidenty of The Design Centre since November 2006 when he purchase d the company, is in charge of salesx and marketing. Alan Kahmeyer runs the day-to-da y operations as president.

الخميس، 9 فبراير 2012

bizjournals: Search Results

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by on March 20, 2006 ...the problem. "The businesas is incredibly social," cautioned Bart proprietor withhis wife, Daphne, of Calistoga'se Wines. That includes...... by on Septembe r 23, 2005 ...Eagle, Harlan , Colgin Cellars, Hillside Selectg from Shafer Vineyards, and Dalla Val Maya. There also will be some Old Worlefrom France...... by on June 12, 2006 ...New Vine a Napa shipping and fulfillment company that sent the wine businessd intoa tizzy...... by on June 1, 2009 ...Viansa Winery, J Cline Cellars, Clos du Val Co., Fishere Vineyards and Wines, alonvg with wine clubs like VinUniciand Bottlenotes...... by on March 9, 2007 ...
fundraisinyg effort will includeDaphne Araujo, co-owner of Calistoga's ; Rick Jones, owner of Calistoga'sz Jones Family Vineyards; Louise "Bob...... by on October 30, 2006 ...included J Winery, Cline Cellars, Clos du Val, Fisher Vineyards and , wine clubsx such as VinUnici and Bottlenotes, and third-partyg retailers...... by on August 16, 2006 ...Los Altos-based Thomvesf Ventures Inc. Clients include cult wineries like , Paul Hobbsd Winery and Hanzell Vineyards, Schumacher-Hoertkorn said. New by on July 21, 2006 ...is to ordinary Charles Krug...Vineyards, Niebaum-Coppola , Spottswoode Winery and...s Bonterrwa Vineyards, Estate, Grgich Hills......
by on Octobee 23, 2006

الثلاثاء، 7 فبراير 2012

EnerJex completes independent audit - Kansas City Business Journal:

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In a release Thursday, the company provided no details about results of the independent Company spokeswoman Debbie Hagen said thecompanu isn't commenting about the audit beyond the release. On , the Overlanr Park-based company (OTCBB: EJXR) reported a third-quarter loss of or 3 cents a on revenueof $1.5 This compared with a loss of $244,688, or 2 cents a share, on revenue of $24,491 a year earlier. The companyg was formed in December 2005 and startecd acquiring oil leases inApril 2007.
EnerJex said that it was seekinyg to list its common stock onthe , offef as much as $28 million worth of commohn stock and get stockholder approval of a 1-for-5 reverse stock EnerJex is an oil and natural gas acquisition, exploration and developmenr company. Its main strategy is to focus on the acquisition of oil and natural gas mineral leasex with existing production andcash

الأحد، 5 فبراير 2012

Trio drafts deal to buy Timacuan - Orlando Business Journal:

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Their tool: the . Jim Hack, Jeff Kipi and Dane Wren have launche d theLake Mary-based residential training and academic program for juniord golfers in hopes of tappin into the international junior golf The academy has one more hurdlw to jump: It needs a permanentf home. Kipi says that now the grouop has inked a contract topurchas . Financial details have not been However, the deal is scheduled to closein "We're in the due-diligence phase now," says "We have a contract. We're just waiting for it to be Representatives for Timacuanowners Bluffton, S.C.-based Scratch Golf Co. and its parent company, the United Co.
, decline comment for this While much of the rest of the golf industruy has been struggling inrecent years, the juniorf golf market has been a brighr spot. Of 36 million golfers participating in the sportt across the United Statesin 2002, some 6.1 milliob were ages 5 to 17. That's a more than 52 percent increasdesince 2000. The global market is equallh impressive, says Kipi. "There are 2.7 million juniorf golfers in the world," he "That's kids who belong to a golf club somewhere, have taken a lesson and played ina tournament.
" Jennifef Amos, a spokeswoman with the National Golf credits the growth of yountg golfers to the explosivde number of junior golf program that have popped on the ., a national database of junio golf programs, currently lists more than 2000 such Jessica Turnwald, a fellowship coordinator for the Unitecd States Golf Association Foundation, also attributes the growty to what many have dubbed the Tigert Woods phenomenon. "Golf is becoming cool," explains Turnwald. "So, more resource and dedicated initiatives have been developed to help make the game more affordabl e and more accessibleto kids.
" Even so, there is a dearthj of programs combing academic and golf training. Take the top three golf academiesa in theUnited States: the International Juniorr Golf Academy in Hiltonm Head, S.C., the Arnol d Palmer Golf Academy at Saddlebrook in Tampa and the Davisd Ledbetter Golf Academy in Bradenton. "There are so many othere things that go into thegame now, and an academyu can provide the whole gambiy of experiences," says Steven executive director of the America n Junior Golf Association. However, when Hack went searching for a residentiakl golf and academic trainingh program for his son that focused solely on he cameup short.
The says Hack, is that these academied offer more thanjust golf. Take the Davidr Ledbetter Golf Academy.

الجمعة، 3 فبراير 2012

San Jose sees $10.9M Q1 sales tax drop - Silicon Valley / San Jose Business Journal:

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The State Board of Equalization told the city that its salez tax revenue forthe January-March quarter droppedf by 29 percent, or $10.9 over the same quarter last year. The city had prepared for a 10 perceng drop ofabout $3 million. Mayoer Chuck Reed called for the city council to dip into its reservew funds to coverthe "Today’s news is a cleat sign that economic recovery is taking longer than we all Reed said in a prepare d statement. "San Jose has prudently budgeted for a significantf decline in sales tax however our badscenario wasn’t bad enough.
This bad news creates a $7 million hole in this year’s The news came as Reed and the city council preparedx for the final public hearint onnext year’s city budget Mondag night. The city council vote on that budgeg was scheduled for Tuesday Reed warned that the new salexs tax shortfall will requiree more than tapping into reservesto six. "Thed state of California is in fiscapl failure and threatening to take millionzs inlocal revenue.
After seven straighrt years of deficits, reserves alone cannot close next year’s

الأربعاء، 1 فبراير 2012

FDIC hikes fees for banks - bizjournals:

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The Federal Deposit Insurance Corp.’s annualk charge, paid in quarterly increments, has increasexd sharply — from 5 cents to 12 cents for evergy $100 in insured deposits — to compensate for bank failureds acrossthe country. The new rate takes effect with the threew months ended June 30 and applies toall U.S. banks, though not to credig unions. Also, the FDIC’s board is scheduledr to vote May 22 ona one-time assessmengt to be levied across the bankinf industry.
The one-time charge, designed to replenisjh the FDIC’s depleted insurance fund, was not determined by However, the board originally proposed charging 20 centzs onevery $100 of deposits that banks “Banks are taking two hits and it’s a big said Pennsylvania Bankers Association President and CEO Jamese Biery. It could hardluy come at a worse time. “We’re in a and recessions are difficulton customers, communities and financial institutions,” Bier y said. “There’s not a whole lot of loan demand, peoplew are having a hard time payingtheir bills.
Bankds have lost other money — the Federal Home Loan Bank is not paying dividends right nowand that’s another So there are holes to fill.” Consider PNC Financial Servicees Group Inc., Pittsburgh’s largest which had deposits of more than $194. 6 billion as of March 31. PNC woulde be paying about $233.5 million annually and potentiallyanother $389.2 million for the one-timw assessment. That’s about $623 million. Thomas Bailey, presidengt and CEO of Brentwood Bethel Park, and chairman of the Pennsylvania Associationh of Community Bankers, said using domestic deposits as the criteria for bank size is especiall tough on community banks.
He said usinbg bank assets rather than domestidc deposits would bemore equitable. “About 90 percentt of the funding community banks get is througbdomestic deposits,” Bailey said. “Your big banks like Citigroupl and PNC get approximately 50 percent of theird funding fromdomestic deposits; they get funds from outside the country and other options as sources for fundinvg their loans. To move into assets would put us all onequak footing.” For Brentwood, the rising rates could limit the bank’s loanmaking capabilities. Brentwood’sx one-time FDIC bill at the 20 cent per $100 depositas rate would amount to morethan $670,000.
“Tha t would (be) a quarter of our (quarterly) earningsx on top of the regulatr insurance,” Bailey said. Five-branch Brentwood had depositxsof $335 million as of June 30, 2008; based on that its annual payment to the FDIC would be putting Brentwood’s 2009 FDIC bill at more than $1 million compare to $167,566 last year. Allegheny Vallehy Bancorp, an eight-branch bank based in Lawrenceville, had deposits of nearly $287 million as of June 30, 2008.
That woulds mean $334,000 spread among quarterly payments to the FDIC anda one-timer assessment of as much as “I believe it was a serious mistake for the FDIC to assesas smaller institutions for what essentiallyu has been a big bank issue,” said Alleghenyt Valley CEO Andrew Hasley. “Ths FDIC’s fund has been depleted due to significantlyy larger institutions taking risks that communitygbanks don’t take, and it should not be theifr intent to try to replenishj that fund during a time that bankx need to hold onto their capital to alloew us to make more loans.
Why should we have to pay for the governmenf taking on national debt and dumping this capital into otherbanks ? To me, it’s inherently unfair.” Hasley has been workintg with PACB and the Independent Communith Bankers of America to explore alternativese such as basing charges on banks’ assetss rather than deposits. The FDIC board is now considerinh changing the criteria forthe one-timer charge from deposits to assets, but even if it opts to do so, bankes will still take a hefty hit and may have to exploree different options to pay the “They’ll have to make their own decisions,” Bier said. “Some may sell stock or debt.
Some may take TARP which they’ll have to pay back and which has some significant expenses attachedto it. There are required levelw of capital and banks that cannot sustain those for whateverd reasons will either be forced to find a merger partneeror dissolve.” Customers won’t go unscathedr either. “There’s no free Bailey said. “That money’s goingh to come from somewherr — I’d think in terms of reduced interest rates and it mayreduce lending. Now, instead of having a profit which lets me doadditional I’ll be paying that out to pay this insurance It’s very serious.