Clvlndr in LV

I don't believe financing will be as difficult as it rationally should. As more and more TARP money gets into the grubby little hands of these bank execs, they will get more and more pressure to lend. They will look to the soundest investments so they can go back to congress and say "see, we're lending money". These folks are not the first to suggest the health care industry is recession proof. The health care industry is about the soundest investment you can make in this climate. Recession proof means the industry is still growing, and still looking for new ways to peddle their wares. I understand that this is more accurately an investment in real estate but the strength of the tenants will be a factor in these odd times; and these tenants will start to sign up. These guys are marketing, they have a fully designed building with prospectus and specs, and they're talkin' to folks in our own back yard. Does anyone have any idea how much permanant show space MMPI has planned for here? I can only tell you the show space of WPC; it's 727,900 sq ft.

^^ Actually there are quite a few hybrids for the 09 model year out there; but there not all exactly competing for greenest car in the world honors. Cadillac Escalade = 20 mpg city, 21 mpg hwy. GM just won't let these beasts go the way of the dinosaurs. Here's the list: http://www.fueleconomy.gov/feg/hybrid_sbs.shtml

Agreed, I forgot about the back to back. Still; it would speak volumes had they toughed it out, I think they were up 11 at the half.

In my opinion LeBron will consider two things; He'll want the biggest contract, and an opportunity to win multiple championships. The city that can best provide both wins. This kid wants to surpass not only Jordan, but every professional athlete in both money and legend. On another note; tough loss last night. They need to start wining the road games against strong teams in order to put the fear into the league.

^^ I sent them an email after reading MayDay's post. Maybe they removed the photo after realizing their laughable error.

^ :wave:

^"General Motors had four of the 10 most productive assembly plants: Oshawa No. 2 (15.68 HPV for Pontiac Grand Prix, Buick LaCrosse and Allure); Oshawa No. 1 (16.34 HPV for Chevrolet Impala and Monte Carlo); Fairfax, Kan, (17.89 HPV for Chevrolet Malibu and Saturn Aura); and Lordstown, Ohio (19.17 HPV for Chevrolet Cobalt, Pontiac G5 and Pursuit)." The numbers can be missleading since this deals with assembly only and not, for example; how many man hours it takes to build the engine or stamp the body. Toyota still leads in overall productivity but the margins are small and getting smaller. "The difference between the most and least productive in terms of total (Assembly, Stamping and Powertrain) labor hours was 5.17 hours per vehicle (or about $300 per vehicle), down from 7.33 hours per vehicle in 2005, and less than one-third the 17.17 HPV gap in 1998." The quotes are from the following: http://www.reliableplant.com/article.asp?articleid=6572

Yes NCC's reputation has been tarnished but not irrevocably. Remember the only way this buyout is stopped is if it gets proven that they were indeed strong enough to be saved, and that it was likely the unscrupulous involvement of Dugan that prevented them from being reviewed for TARP money. That would become much bigger news than the PNC buyout and likely a national headline. Corruption in the very earliest of TARP money use, another stain on the Bush administration just as they're transitioning from power. The facts of their financial stability prior to this debacle would be front page news and should go a long way in restoring consumer confidence. Nonetheless if this is stopped, they should get extra TARP money just in case they struggle to get past this damage.

http://money.cnn.com/galleries/2008/autos/0811/gallery.autos_crisis_causes/index.html The above link is to an interesting article at CNN.com entitled "What's really killing Detroit".

This particular experiment should put an end to the debate of landing on the moon for any reasonable person. Science Experiments - Laser Ranging Retroreflector The Laser Ranging Retroreflector experiment was deployed on Apollo 11, 14, and 15. It consists of a series of corner-cube reflectors, which are a special type of mirror with the property of always reflecting an incoming light beam back in the direction it came from. A similar device was also included on the Soviet Union's Lunakhod 2 spacecraft. These reflectors can be illuminated by laser beams aimed through large telescopes on Earth. The reflected laser beam is also observed with the telescope, providing a measurement of the round-trip distance between Earth and the Moon. This is the only Apollo experiment that is still returning data from the Moon. Many of these measurements have been made by McDonald Observatory in Texas. From 1969 to 1985, they were made on a part-time basis using the McDonald Observatory 107-inch telescope. Since 1985, these observations have been made using a dedicated 30-inch telescope. Additional measurements have been made by observatories in Hawaii, California, France, Australia, and Germany. Laser beams are used because they remain tightly focused for large distances. Nevertheless, there is enough dispersion of the beam that it is about 7 kilometers in diameter when it reaches the Moon and 20 kilometers in diameter when it returns to Earth. Because of this very weak signal, observations are made for several hours at a time. By averaging the signal for this period, the distance to the Moon can be measured to an accuracy of about 3 centimeters (the average distance from the Earth to the Moon is about 385,000 kilometers). The Laser Ranging Retroreflector experiment has produced many important measurements. These include an improved knowledge of the Moon's orbit and the rate at which the Moon is receding from Earth (currently 3.8 centimeters per year) and of variations in the rotation of the Moon. These variations in rotation are related to the distribution of mass inside the Moon and imply the existence of a small core, with a radius of less than 350 kilometers, somewhat smaller than the limits imposed by the passive seismic and magnetometer experiments. These measurements have also improved our knowledge of changes of the Earth's rotation rate and the precession of its spin axis and have been used to test Einstein's theory of relativity.

^Does anyone know what they were in doing in Cleveland?

http://www.hdmagazine.co.uk/story.asp?sectioncode=16&storyCode=2048754 The above article is from an on line hospital development magazine and it speaks rather glowingly about the prospects of the New York World Product Center. The trouble is, I searched the archives of the same site and not a single match for Cleveland Medical Mart. IMHO people trying to get this done in Cleveland need to take this more seriously.

Brilliant statement... Congressman Kucinich is doing his job, and in the video doing it quite well. He is asking the tough pointed questions that deserve answers. We need to find out the role that the Comptroller of the Currency, John Dugan, played in "..pushing NCB off a cliff"; as well as the role of these credit rating agencies and short sellers. It is suspicious to say the least that Dugans' former client was PNC, and if you believe that imprisonable offenses have occurred than I believe the "sleazeball" Congressman agrees with you, and is trying to do your bidding.

"I'm sorry, but to scapegoat Monday for this is ridiculous. While he unfortunately rained on everyone's parade, if he had not reported this than the contractors would have gotten away with it. Is he a dirt-bag for waiting until after the grand opening? YES." palijandro7 I'm not sure I understand; YES he is a dirt bag, but he is not culpable. He was given information on an ongoing criminal activity and has it on film. If it is not illegal to withold this evidence from the authorities it is certainly unethical, not to mention it's his job.

^Thanks for posting freethink. It will be interesting to see if union pension fund managers are any less skittish on this sort of investment than the banks. I was justing waiting for the news that this project was on hold as well. Nice to see some creative steps being taken.

^Complete agreement. Since MMPI is handling the negotiations with FCE and apparently with the city, are they by default responsible for site selection? Come January will the county actually choose a site other than what MMPI wants?

^Classic LMAO! BTW Blueline you can get a Prius from Enterprise as well. Got one down in Tampa last year and averaged just over 50 MPG, very cool.

I can not fault RTA or the city in this mess. It seems they are the victims as much as the tax payers. The only question is how vigorously they persue justice in this matter. The contractor should be prosecuted to the fullest extent of the law. As for Monday and the execs at TV-19, how can they sequester this report for 5 months and for what possible purpose. This delay in reporting is just mind boggling, and it too should be investigated. :wtf:

Outstanding stickware, you got mad skills. That zoom shot is one of the more interesting photos of Cleveland I've seen.

Even 6-9 months is cutting it close. You do realize that the average FIRST TIME BUYER looks at 25 units before deciding to buy. You need to a clear and defined budget number and have that number locked and secure before you even start to look. The worst thing to do is to look at an apartment, love it, then find out it exceeds your budget or that you don't qualify. Lock up and I do mean lock up and don't use your credit cards, pay the remainder off on time every month, open a new deposit only account for your downpayment. GEEZus, somebody pray for these chi'renz up in here! MTS speaks the truth, 1 month is not enough time; however 6 months is more than adequate. I am a mortgage broker and if you need a little insight into the process send me a PM. No agenda here, I'm not licensed in Ohio. I am willing to help out my fellow travelers here on UO. BTW make sure you don't confuse "lock up" with close the accounts. An open credit card with a good history and low balance vs limit can help your credit score greatly.

I asked the question whether or not they had secured financing back in June. I guess I've finally got my answer. What suprises me is that they didn't (speculation) attempt to secure financing for just the tower considering they have two anchor tenants. Does anyone recall what percentage of the total space in the office tower E&Y and T&E were to occupy?

^ I counted 27 people coming out of that van. Unreal!

My understanding is that oversight of bank mergers is the purview of the fed reserve as well as the treasury and the comptrollers office, not sure about the SEC. Question; how can oversight occur if they're the ones forcing the merger? In normal times a merger would require a 2/3 majority of stock holders from both banks, as well as the approval of the aforementioned agencies. If there were an ongoing investigation certainly the merger would not be finalized until the investigation was concluded. Every last Ohio elected official needs to press for this investigation, regardless of party affiliation. IMO this is not just bad for Cleveland or Ohio, it sets a dangerous precedent for the use of TARP money.

Seems to me that it's in the hands of the Secretary (Paulson),the comptroller (Dugan), and those that can influence the aforementioned; which can be a number of unknown power brokers lining up for the free money.

^Absolutely there needs to be an investigation. This was the fear to begin with. If you offer up taxpayer dollars without the strictest of oversight there will be corruption. The TARP plan had fewer guidelines than subprime lending 3 yrs ago.