Wednesday, October 27, 2010

Census shows lingering racial income gap

Census shows lingering racial income gap

Tuesday, October 26, 2010

Being Bank Of America Means NEVER Having To Say You're Sorry For Countrywide Fraud -- Signs of the Times News

Being Bank Of America Means NEVER Having To Say You're Sorry For Countrywide Fraud -- Signs of the Times News: "http://www.sott.net/articles/show/216925-Being-Bank-Of-America-Means-NEVER-Having-To-Say-You-re-Sorry-For-Countrywide-Fraud"

Video: Tornado Makes Landfall in Texas -- Signs of the Times News

Video: Tornado Makes Landfall in Texas -- Signs of the Times News: "http://www.sott.net/articles/show/216976-Video-Tornado-Makes-Landfall-in-Texas"

Friday, October 22, 2010

Black Man Buys International Gatwick Airport...


Adebayo Ogunlesi, chairman of Global Infrastructure Partners, said he is going "to make Gatwick a truly first class experience".
However he cautioned it would take "somewhere between 12 and 18 months" before passengers started noticing a difference at the airport.
GIP agreed a £1.51bn deal with Gatwick's current operator BAA last week, which represented a "good price", Mr Ogunlesi said.
I would never have imagined in my lifetime that this was even possible, a black man buying Gatwick Airport ! Then again, I never thought that I'd see a black man in the Whitehouse either!! I was pleasantly surprised to learn about this story, Nigerian born Adebayo Ogunlesi will be the new owner of Gatwick airport!! I want to take this moment to acknowledge and congratulate Mr. Ogunlesi on what he's doing and say that he is a huge inspiration and living proof of what IS possible!!! I thank Wunmi for the "tip-off" on this!
Now, my question is, why did the mainstream media kept this so very, very quiet? I was even more surprised that not even the BBC covered this story, or any of the other major news networks including CNN! "What's that all about?" I asked myself and thought it quite strange that a man, Adebayo Ogunlesi spends over a billion pounds on an international airport in one of the world's major cities, the city that's recognised as the financial centre of the world and there's no real coverage?? - Strange!!

Dubai: Real Estate Crash Sends Prices, Rents Falling


Your Foreclosure Hero

Thursday, October 21, 2010

Magic Johnson Sells Starbucks Shares


Basketball Hall-of-Famer Earvin "Magic" Johnson has sold his 50% stake in more than 100 urban Starbucks (SBUX) stores back to the company, Starbucks said Thursday. The news comes only three days after Johnson sold his minority stake in the Los Angeles Lakers to Dr. Patrick Soon-Shiong, a billionaire surgeon who's been a season-ticket holder for 25 years.

Through Magic Johnson Enterprises's Johnson Development Corp., Johnson in 1998 partnered with Starbucks in a joint venture, called Urban Coffee Opportunities, to open stores in underserved neighborhoods in Los Angeles, New York and Washington D.C.

"Together we opened several successful locations, including our Harlem store, which led the redevelopment of that now vibrant neighborhood," Starbucks CEO Howard Schultz said in a statement Thursday. "Thanks to this partnership, Starbucks has deepened our commitment to community development in urban areas and plans additional programs to sustain that commitment."

The company didn't disclose those stores' financials. But the Los Angeles Times, which got the news from an anonymous source Tuesday, put the combined value of Johnson's stake in Starbucks and the Lakers at about $100 million. The unnamed source called the sales "a good business decision."

Neither Starbucks nor the Lakers indicated why Johnson made the divestments. Since 1991, Johnson's extensive real estate investments have included shopping centers and movie theaters. In May, the Washington Hilton completed a $150 million renovation funded partly by Canyon-Johnson Urban Funds, in which Johnson is a partner.

The Story of Bottled Water (2010)

The Story of Bottled Water, released on March 22, 2010 (World Water Day) employs the Story of Stuff style to tell the story of manufactured demand—how you get Americans to buy more than half a billion bottles of water every week when it already flows from the tap. Over five minutes, the film explores the bottled water industrys attacks on tap water and its use of seductive, environmental-themed advertising to cover up the mountains of plastic waste it produces. The film concludes with a call to take back the tap, not only by making a personal commitment to avoid bottled water, but by supporting investments in clean, available tap water for all.

Our production partners on the bottled water film include five leading sustainability groups: Corporate Accountability International, Environmental Working Group, Food & Water Watch, Pacific Institute, and Polaris Institute.

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