Jobless plus Hopeless
An interesting thing one executive said was that there is no shame in work, but there's plenty of shame in waiting for charity.
The Ultimate Currency War
After the 2008 financial crisis, the liquidity trap induced policymakers to venture in unconventional endeavors. On the fiscal front, much has been discussed regarding the effectiveness of fiscal policy to pull developed countries out of the sluggish recovery.
Not giving Gold Medals in KU Annual convocation 2011 -A very good Decision
Its a very good decision by KU Administration to not giving gold medals to the position holders because everyone knows how they got positions in their respective discipline. Karachi University administration said that due to unavailability of sponsors we are unable to give gold medals to position holders.The main cause behind no interest of sponsors in giving sponsorship for gold medal might be they knows about checking system in KU.They have seen that what KU's gold medalist do in market after passing out.
A mighty question mark on PML-N " Merit Laptop Scheme"
All Pakistan knows better that what is the main motive behind these "SASTI ROTI" and "MERIT LAPTOPS" schemes.Just "1" vote from every individuals.
Thursday, February 2, 2012
US TODAY: Slain border agent's family files $25M claim against U.S.
Miami Herald to occupy a Memphis-owned building
The Miami Herald Media Company has signed a lease for the 158,000-square-foot building SMPO Properties built and opened in Doral in 1997 for $40 million.
The newspaper will move its business and news staffs of more than 700 people 12 miles inland from its longtime headquarters on the Atlantic in Downtown Miami to the affluent Doral suburb.
SMPO, owned by Oscar Seelbinder, built the building. GPA-I, a special-purpose business entity created for the project, took ownership and leased it to the Southern Command until the military moved out last August.
The Southern Command oversees military activity in South and Central America during crisis situations and disasters.
Seelbinder is also a partner in GPA-I with fellow Memphians including Jerry Sklar, an attorney; Ron Sklar, a builder-developer; and John H. Montgomery, who splits his time between Memphis and Chicago.
The Herald had been hunting for a new home. Newspaper publisher McClatchy Co., which owns the Miami Herald, sold the Herald’s seaside headquarters eight months ago for $236 million with the agreement the paper could stay rent-free for up to two years.
The Herald signed a 15-year lease for the two-story office building and nine acres. GPA also sold an adjacent six acres where the Herald will build a 120,000-square-foot production facility.
The Miami Herald lease isn’t the only big deal landed recently by SMPO, which is headquartered at 5858 Ridgeway Center Parkway in East Memphis.
Just before the Herald lease, SMPO completed a deal with the U.S. Department of Agriculture to lease for 20 years a 45,000-square-foot laboratory building in Los Angeles.
“It’s the second-largest lab the USDA will have in the United States,” Seelbinder said. “The value of the lab is more valuable than the property leased to the Herald.”
SMPO was founded in 1984. It’s a comprehensive commercial real estate firm and what Seelbinder describes as a “merchant builder.’’
“You build things and then you sell them,” Seelbinder explained.
It began by building and leasing out post office buildings. SMPO has built more than 150 of them.
But the company also has built a CVS pharmacy, AutoZone stores, four FedEx facilities ranging from 115,000 to 575,000 square feet, and Captain D’s restaurants.
SMPO has sold the vast majority of the nearly 200 properties it has built over the years across 40 states, Seelbinder said.
“We only have a couple left,” he said. “It’s difficult to hold on when people offer prices. In merchant building, you put up property that’s income-producing. In essence, somebody will pay us more than we feel it’s worth and we sell it.”
In addition to developing, SMPO is a commercial real estate broker of government leased and credit-rated tenant transactions. The combined value of its brokered deals over the years exceeds $500 million.
SMPO also manages property, and as SMPO Financial, LLC, it even structures commercial real estate loans of $750,000 to more than $100 million.
Despite its successes and longevity, SMPO doesn’t seem that well known.
“There’s never been an importance placed on being in the public eye,’’ Seelbinder said.
“The primary business we do has more to do with public bids to government, and relationships with credit tenants. It just never has seemed important to have publicity.”
Women’s Tennis: WVU Hosts Pitt and Akron
Tina Samara |
The Mountaineers enter Friday’s tilt against the Panthers with an 0-3 record, but are coming off a loss to No. 9 Virginia in which coach Tina Samara saw strides in the right direction.
“We took some positives away from our match against a very tough Virginia team,” says Samara. “We competed on Tuesday, and if we bring that same fire to the court this weekend, we like our chances.”
WVU had the opportunity to square off against players from Pitt, who enters the match at 1-1, during the fall season at the Martha Thorn Invitational and the ITA Regionals.
“We saw some of Pitt’s players this fall,” Samara says. “They have some strengths at certain spots, but I definitely think that they are beatable. Again, it comes down to what we do. If we stay within ourselves and do what we are capable of, we will be fine, but that is a big if.”
The Mountaineers lead the all-time series against the Panthers, 29-4.
“We should be coming out with more fire than normal because it is Pitt,” Samara says of the rivalry. “There is a little extra behind it. We made sure the upperclassmen told the younger girls what this match is all about.”
Sunday’s match against Akron (2-0) will present a different difficulty to the Mountaineers, as the Zips come in as a somewhat unfamiliar opponent. WVU did not compete against them in the fall.
“We don’t know a whole lot about Akron,” Samara says. “We have looked over their results, and they look like a pretty solid team.”
Akron won 5-2 over Michigan State on Jan. 22 and will enter Sunday’s match having played two matches the day prior.
In order for the Mountaineers to be successful in both matches this weekend, junior Emily Mathis will need to continue her strong play in the No. 1 singles and No. 1 doubles spot.
“I am not worried Emily,” Samara says. “She will go out and do her best. She will fight hard and do what she does to get wins.”
A full recap of both matches will be available on MSNsportsNET.com after the completion of competition.
Spoonhour remembered as basketball 'pied piper'
But what Charlie Spoonhour really had wanted to do growing up in Rogers, Ark., was to play second base for the Cardinals.
Spoonhour, the former Missouri State and St. Louis University coach who died at age 72 in Chapel Hill, N. C., Wednesday after battling a lung affliction for two years, was a Cardinals fan his entire life. He regularly would come to spring training in either St. Petersburg, Fla., or Jupiter, Fla., after whatever team he was coaching had been eliminated from postseason play.
Once, after his University of Nevada-Las Vegas club had lost at South Carolina in the NIT, he bolted immediately to the airport, flew to Atlanta, spent the wee hours in the airport there and arrived in Jupiter well ahead of his luggage, wearing only his Runnin' Rebels warmup jacket and the same pants he had sported at the game.
Another time, Cardinals manager Joe Torre suited Spoonhour up for an exhibition game and had him sit on the bench next to him. He even let Spoonhour try to flash the squeeze sign to the third-base coach although by the time "Spoon" had gone through his gyrations, everybody on both sides knew what was up.
"He loved baseball," said Henry Iba Jr., perhaps Spoonhour's best coaching friend. "If that wasn't his first love, it was his second, as far as sports."
Spoonhour had been in and out of the Duke University Medical Center for the past couple of years after getting a lung transplant there in 2010. He had been diagnosed with idiopathic pulmonary fibrosis — a scarring of the lungs.
There had been plans to replace Spoonhour's other lung but there were too many complications from the first surgery and his body never was strong enough to endure another procedure. Spoonhour, whose weight had dropped to 110 pounds, was brought home to hospice care in Chapel Hill, on Tuesday.
"It was peaceful," said his wife, Vicki, who was at his side with other members of his family. "It was better than being in the hospital."
Testimonials from all over the country poured in Wednesday and a couple of hundred spoons were stuck in the ground at a SLU quadrangle in honor of Spoonhour.
When his teams were filling the old Arena in the mid-1990s at 17,000 a night, the sign everyone wanted to see at the end of the game was the one which said, "Stick a Spoon in 'Em. They're Done."
As much as Spoonhour loved both basketball and baseball players, friends loved him as much, if not more.
"I don't think you can think of anybody who disliked Charlie," said Iba, who had Spoonhour on his staff as an assistant at Nebraska from 1981-83 before Spoonhour got his first head coaching job at Southwest Missouri State the next season.
Larry Garrett, Spoonhour's longtime friend from Rogers, Ark., said, "there have been at least 12 people who have said Charlie was their best friend. You don't hear of that very often."
At Southwest Missouri (now Missouri State), Spoonhour's teams were 197-81 with five NCAA appearances. At SLU, Spoonhour compiled a 122-90 mark with three NCAA appearances.
He finished his coaching career at UNLV from 2001-04 with a 57-31 mark before retiring with a heart issue.
Scott Highmark, a star in the mid-1990s under Spoonhour at St. Louis U., said, "Coach Spoon always wanted us to have fun. When he came here, the tone was pretty negative. But he said to (Erwin) Claggett and me, 'We're just going to have fun. This is not like life and death.'
"He was like a pied piper. People would come to a game just to see Charlie Spoonhour coach. Who does that?
"He just had a way of connecting with people better than anyone I've ever been around. The wins and losses were great. But it was more the human being. He just drew people to him. ... He was one of a kind."
West Virginia coach Bob Huggins knows that. Huggins, one of Spoonhour's closest friends in the business, got to know Spoonhour best when the former coached at the University of Cincinnati and Spoon was at SLU.
"Guys in our profession know that it's gone well beyond what it used to be," said Huggins. "Guys were friends and you had dinner the night before a game. It always happened with us. We always got together the night before a game and sometimes afterwards."
Huggins' favorite story concerning Spoonhour took place in March 1995 at Milwaukee, site of the Great Midwest Conference tournament. All the teams were staying at the same hotel.
"We're getting ready to play DePaul and (coach) Joey Meyer," Huggins said, "and he calls me and says, 'Come up here (to his room). I said that I was watching DePaul tape. And he says, 'Then you're not as smart as you think you are. You've already played them two times.'
"So I go upstairs and sit around and do what we always do (12-ouncers were involved). We both win and the next night we're getting ready to play Memphis and he's playing Marquette. He calls me and says, 'Junior (his nickname for Huggins), I believe it's your night to host.' I was watching Memphis tape but I said, 'All right, come on down.' He was in my room all night.
"We beat Memphis and they beat Marquette and now we're playing each other in the tournament championship. He says, 'Junior, I'm a man of my word. It's my turn. Come on up.' "
After another night together, the two then walked near Lake Michigan the next morning before the game and Huggins and his team repaired for a pregame meal. For one reason or another, Spoonhour had been closed out of his team's meal so, when Huggins saw Spoonhour standing near the door of the restaurant, Huggins invited Spoonhour to eat with his team.
As was his custom with nearly everyone else, the home-spun Spoonhour had Huggins and the Bearcats in stitches. The game ensued and Cincinnati won by two points on a last-second shot. "We slap hands afterward and then Spoon says, 'Well, Junior, it looks like you're hosting tonight,' "Huggins said.
"There was nobody better," Huggins said. "There's never been a better person. He's a really special guy."
For many years, when he wasn't coaching, Spoonhour was an analyst, most often for the Missouri Valley games. In fact, Spoonhour will be among the honorees on March 2 here as he and five others are inducted into the Missouri Valley Conference Hall of Fame.
MVC commissioner Doug Elgin said, "He was very upbeat about that. Right up until the end, he was very excited about coming back here.
"Charlie was unforgettable," Elgin said. "He was a very legendary figure — bigger than life — both as a person and as a coach. And whatever you saw with him wasn't a schtick. He never forgot his roots. He may have moved on to St. Louis and other places but there still was a lot of northwest Arkansas and southwest Missouri down-home-boy in him."
Vicki Spoonhour said Charlie told her in his final hours, "'Don't spend the money on a funeral.' He didn't want all of his friends flying in for a funeral and crying. He said, 'Have a party.'
"He had a lot of friends," Vicki Spoonhour said. "He had 348 contacts on his phone. I think everyone considered him a friend. That says a lot about him."
Services will be private in North Carolina, Vicki Spoonhour said. Spoonhour is survived by sons Jay, head coach at Moberly Area Community College, and Stephen, in addition to five grandchildren.
Cricket: Black Caps lose early wickets
The Black Caps have lost two early wickets in the first ODI against Zimbabwe at University Oval in Dunedin today.
LIVE SCORING
Nicol was dismissed for a duck in the sixth delivery of the match after edging to Zimbabwe captain Brendan Taylor at first slip off Keegan Meth.
New Zealand skipper Brendon McCullum, batting a three today, then fell in the second over for just three runs when Kyle Jarvis trapped him LBW, leaving the Black Caps at 4 for two.
That introduced Kane Williamson to the crease who joined opener Martin Guptill.
Earlier Taylor won the toss and sent New Zealand into bat.
New Zealand are playing three debutants today with Dean Brownlie, Tom Latham and Andrew Ellis all playing their first ODIs for the Black Caps. Jacob Oram is New Zealand's 12th man.
Zimbabwe won the last clash between the two sides in Bulawayo in November after chasing down a mammoth 328-run target.
New Zealand: Brendon McCullum (c), Martin Guptill, Rob Nicol, Kane Williamson, Tom Latham, Dean Brownlie, Nathan McCullum, Andrew Ellis, Doug Bracewell, Kyle Mills, Tim Southee. 12th man: Jacob Oram.
Zimbabwe: Brendan Taylor (c), Hamilton Mazakadza, Stuart Matsikenyeri, Regis Chakabva, Tatenda Taibu, Malcolm Waller, Elton Chigumbura, Keegan Meth, Shingirai Mazakadza, Ray Price, Kyle Jarvis. 12th man: Tino Mawoyo.
- HERALD ONLINE
Ali's Legendary Trainer Angelo Dundee Dies at 90