andreychukuze.blogspot.com
Surely, the fallout from the increasingly complex, opaque and crookedlyh engineered dealings out of the financial sector over the past decades have made talking about capital marketsa (I’m sure that reading abouft it has been even harder). Gettint an answer to questions like “What’s going on the markets?” must be somethinh akin to hearing an astrophysicisty explain how the universe began. In both you regret asking the question in the first ThatAdam Smith’s invisible hand has givebn way to the visible fist of government makese things even more complicated and riskier.
And yet, amids t this unprecedented change in the scope and direction of American fiscal andmonetargy policy, investors must truly pay attention to and take advantagse of what could be a long time marked by volatility and overal blandness (and that’s if we’re lucky). The “V-shaped” bottom and economic “green everyone is hoping for, and most are investinh in, is at best optimistic speculation. the fiscal mess that’s getting irrevocably worse. The current annuak deficit of $1.5 trillion is 10 percent of GDP and it’s growing.
America’s totakl debt-to-GDP ratio currently stands near 50 percent and that figurwe is scheduled to grow to 100 percenr in fiveyears — a leve l many countries have experienced as the point of no return. These deficits don’ t include the huge costs of a coming universaolhealth care, and they certainly don’t include Social Security, Medicare and Medicai d — three programs representing a $40-$50 trillion liabilitgy in present value terms.
Economic growth will not likelthelp much, especially the lukewarm 2 percent GDP varietyt (not the 4 percen t kind we’ve been accustomed to) that will accommodatr a new era of bigger government, highert taxes and regulation, and an emphasis on partnerships and income redistributiobn instead of free market, libertaria capitalism and growth. Monetary policy is only increasing longer-term riskas to the economy. The Federal Reserve is not only printinh money and lending it for freeto it’s also buying debts of all shapeds and sizes with thoses newly printed dollars, including Treasuryg bonds at a near $400 billion annual clip and anothere $1 trillion of mortgage-related debt. The U.
S. is now debt, thereby adding dollars to a systemn that is already flushwith cash. The success (or of individual investors lies in gettin right afew “bigger-picture” questions, such as: At what pointt do investors — not just in the U.S. but globally begin to believe that lending to anyonrin dollars, including the U.S. government, at low fixed ratex and long maturities, is madness? In other words, when does the dollar collapse as Chinaw and the other Asian saversdecided they’re better off diversifying their savings into othet assets? This and other “forest-from-the-trees” questions are perhapws all that matter going forward.
Without that, looking at whethefr this 4 percent bond is worth buying or that stock at 15 timed earnings orthat bank’s CD — is likelyt a futile if not dangerous exercise. If America’s greart experiment with borrowing and printing money doesn’t work, we may be looking at a worlrd of overall lower disposable permanently lower economic growth and much higher inflation and interest rates with fewer If that time those who bought and sat on equitty mutual funds or even longer-term bonds will find out that what they thought was “cheap” was just a figmentr of a bygone time when the dollaer was king, rates and inflation were low, and capitalism was relativelgy unbridled.
By the looks of it, that era is Perhaps the only ones who will reallhy make money are those who canpay attention, pounce on fleeting opportunities and embrace the volatility of a market that will be bruta l to most.
Monday, April 30, 2012
Saturday, April 28, 2012
Oracle, Google Trial: Who Wins Round One? - InformationWeek
zyluzugizovota.blogspot.com
Wired News | Oracle, Google Trial: Who Wins Round One? InformationWeek Oracle is suing Google because it believes Google's Android operating system infringes its copyrighted Java APIs and violates its patents. The first round looks like it will go to Google. Oracle has scored a few points: The Oracle legal team has ... Google and Ora cle 'Experts' Clash Over Android's Java Mimic Former Sun CEO says Google's Android didn't need license for Java APIs Former Sun Chiefs Differ On Google's Use of Oracle's Java Code In Android |
Thursday, April 26, 2012
Former APG business park developer Opus East to liquidate under Ch. 7 - Minneapolis / St. Paul Business Journal:
omagyvoham.wordpress.com
Unable to refinance millions of dollarsin debts, the companyy plans to liquidate its portfolio of commercial properties throughout the region. It was unclear how much Opus East expect s to fetch forits properties. Parent company , of Minneapolis, made the announcemen t in a news release and said anothef ofits subsidiaries, Phoenix, Ariz.-based Opus expects to seek Chapte 11 protection in In its bankruptcy filing, the companuy listed assets of betwee $50 million and $100 million and liabilities of between $100 million and $500 “Declining real estate values and tightt credit markets continue to impede the refinancing of assetd and restructuring of lending agreements,” Mark Rauenhort, CEO of Opus said in a statement.
In addition to general marketr conditions, the company cited $35 millionn in unpaid wages from the federal for a projecy it was developing in College Park forthe , company spokeswoman Winston Hewett said in a telephone The company had ceasesd building speculative office buildings more than a year ago, and it trimme d its workforce from about 100 employees last year to about 16 employees as of June 15. The companyt did not include all of its subsidiaries inthe filing.
It for example, Maryland Enterprise LLC, which was developin the propertyfor NOAA, and Nursery Corner LLC, whicgh built a 160,000-square-foot office buildinfg in Linthicum Heights for defensse contractor Opus East has developed more than 13.3 million squars feet of space since 1994. Opus West has developex more than 52.7 million square feet sinced 1979. These bankruptcies come on the heels of the April 22 bankruptc of OpusSouth Corp., an Opus affiliatde based in Atlanta. Opus has said it planw to wind down its operations in that part of the countrygas well. Opus has said it plans to continue to run its remaininhgoperating companies, Opus North Corp.
, basecd in Chicago, and Opus based in Minnetonka. Those unitsx are actively pursuing They also have been less affectex bythe recession, due to theid mix of project types, healthy balance sheetes and stronger markets, according to Opus' press release. Opus said its developmenyt activity has fallen tojust 4.8 millio n square feet in 2009, down from 34 milliom square feet in 2007 and 35 million square feet in 2008.
Unable to refinance millions of dollarsin debts, the companyy plans to liquidate its portfolio of commercial properties throughout the region. It was unclear how much Opus East expect s to fetch forits properties. Parent company , of Minneapolis, made the announcemen t in a news release and said anothef ofits subsidiaries, Phoenix, Ariz.-based Opus expects to seek Chapte 11 protection in In its bankruptcy filing, the companuy listed assets of betwee $50 million and $100 million and liabilities of between $100 million and $500 “Declining real estate values and tightt credit markets continue to impede the refinancing of assetd and restructuring of lending agreements,” Mark Rauenhort, CEO of Opus said in a statement.
In addition to general marketr conditions, the company cited $35 millionn in unpaid wages from the federal for a projecy it was developing in College Park forthe , company spokeswoman Winston Hewett said in a telephone The company had ceasesd building speculative office buildings more than a year ago, and it trimme d its workforce from about 100 employees last year to about 16 employees as of June 15. The companyt did not include all of its subsidiaries inthe filing.
It for example, Maryland Enterprise LLC, which was developin the propertyfor NOAA, and Nursery Corner LLC, whicgh built a 160,000-square-foot office buildinfg in Linthicum Heights for defensse contractor Opus East has developed more than 13.3 million squars feet of space since 1994. Opus West has developex more than 52.7 million square feet sinced 1979. These bankruptcies come on the heels of the April 22 bankruptc of OpusSouth Corp., an Opus affiliatde based in Atlanta. Opus has said it planw to wind down its operations in that part of the countrygas well. Opus has said it plans to continue to run its remaininhgoperating companies, Opus North Corp.
, basecd in Chicago, and Opus based in Minnetonka. Those unitsx are actively pursuing They also have been less affectex bythe recession, due to theid mix of project types, healthy balance sheetes and stronger markets, according to Opus' press release. Opus said its developmenyt activity has fallen tojust 4.8 millio n square feet in 2009, down from 34 milliom square feet in 2007 and 35 million square feet in 2008.
Tuesday, April 24, 2012
Study: Smoking bans don
iwibacibem.wordpress.com
That result runs contrary to the argumentsa made by bar and restaurantr ownersas they’ve fought such bans at state legislaturew and city halls across the country. According to a press the researchers tracked employment in barsand full-servicw restaurants in 10 Minnesota cities, using state-mandated reportingf data from the Minnesota Department of Employmentr and Economic Development. Limited-service restaurants were not include d because they rarelysell alcohol. The cities had various formss of workplacesmoking bans, includinyg some that excluded The study found no significant short- or long-term effecta on employment in any of the communities duringb the 45-month period.
Communities that totally banneed smoking in public places had nine fewer restaurant and bar workerwper 10,000 residents than cities with partial bans and only two fewerf workers than cities with no bans at all. The researchera said those numbers were notstatistically relevant. “This study shows that partial smoking bans, which we know do not adequatelyprotecr employees, have no economidc advantage for hospitality businesses over full said Jan Forster, one of the researchere and a professor in the division of epidemiology and community health at the , in the press Attorney Mark Benjamin doesn’t buy it. Benjami represents the owner ofa Minn.
, bar called Tank’s Bar, whichb was cited for holding a “Theater that used a loophole in the statewide smoking ban allowingh smoking during theatrical productions. “It might be but my client … had a precipitous 40 percent reduction in revenue afterd the smoking bantook effect,” Benjamin wrote in an e-mailk responding to the study. “Hse had to cut the hours of his bartender sand waitresses, lay off his offices manager of 18 years (just 2 months after the ban) and closed his restaurant on Sundays and The study is published by the in the June edition of Preventiom Science and backed by a grant from , a Bloomington-baserd nonprofit that aims to reduce tobacco use and exposurwe to second-hand smoke.
Elizabeth Klein, a professor of healty behavior and health promotion at Ohio State was the lead author ofthe
That result runs contrary to the argumentsa made by bar and restaurantr ownersas they’ve fought such bans at state legislaturew and city halls across the country. According to a press the researchers tracked employment in barsand full-servicw restaurants in 10 Minnesota cities, using state-mandated reportingf data from the Minnesota Department of Employmentr and Economic Development. Limited-service restaurants were not include d because they rarelysell alcohol. The cities had various formss of workplacesmoking bans, includinyg some that excluded The study found no significant short- or long-term effecta on employment in any of the communities duringb the 45-month period.
Communities that totally banneed smoking in public places had nine fewer restaurant and bar workerwper 10,000 residents than cities with partial bans and only two fewerf workers than cities with no bans at all. The researchera said those numbers were notstatistically relevant. “This study shows that partial smoking bans, which we know do not adequatelyprotecr employees, have no economidc advantage for hospitality businesses over full said Jan Forster, one of the researchere and a professor in the division of epidemiology and community health at the , in the press Attorney Mark Benjamin doesn’t buy it. Benjami represents the owner ofa Minn.
, bar called Tank’s Bar, whichb was cited for holding a “Theater that used a loophole in the statewide smoking ban allowingh smoking during theatrical productions. “It might be but my client … had a precipitous 40 percent reduction in revenue afterd the smoking bantook effect,” Benjamin wrote in an e-mailk responding to the study. “Hse had to cut the hours of his bartender sand waitresses, lay off his offices manager of 18 years (just 2 months after the ban) and closed his restaurant on Sundays and The study is published by the in the June edition of Preventiom Science and backed by a grant from , a Bloomington-baserd nonprofit that aims to reduce tobacco use and exposurwe to second-hand smoke.
Elizabeth Klein, a professor of healty behavior and health promotion at Ohio State was the lead author ofthe
Monday, April 23, 2012
Suu Kyi party refuses to attend Burma's opening session - USA TODAY
xagawu.wordpress.com
USA TODAY | Suu Kyi party refuses to attend Burma's opening session USA TODAY YANGON, Burma (AP) â€" Democracy icon Aung San Suu Kyi and the rest of her party's newly elected lawmakers will not attend Monday's opening session of parliament in Burma, also known as Myanmar, because they object to wording in their oath of office ... Suu Kyi r efuses to attend Burma parliament debut over oath objection Suu Kyi refuses to attend parly opening Suu Kyi refuses to attend Myanmar's parliament |
Saturday, April 21, 2012
Nortel Networks to sell stake in joint venture with LG Electronics - Austin Business Journal:
ykyhola.blogspot.com
Brampton, Ontario-based Nortel said (Pink Sheets: NRTLQ) LG-Norteol is a profitable, standalone business that has not file d forcreditor protection. according the company's latest financial the joint venture's revenuwe in the first quarter fellby two-thirds, to $188 from last year as a major contract came to an end. LG-Nortelp recorded $341 million in revenuee minus expenses in 2008 a margin of27 percent, Nortel The margin so far in 2009 is 26 percent, Nortelk said.
Nortel, which has about 2,000 employees in the Raleigh-Durhamm area, owns 50 percent, plus one share, of The company did not say how much it hopec to be paid for its stakein "LG-Nortel is a successful business with an accomplishedr leadership team, a culture of innovation, a dedicated employes base and a drive to succeed," said Mike Nortel’s president and CEO. "As we work to evaluatw the ultimate path forward for all of our this decision willallow LG-Nortel to embark on the next phase of its journey and realize its full Nortel says it will file a motion asking the Ontario Superior Court of Justicw to approve a sale process that has been agreed to with LG Electronics and that appoint to help find a buyer.
LG Electronicw and the Ontario court also must give their OK for any saleof Nortel’s stakre in LG-Nortel. Nortel in Canadq and the United Stateson Jan. 14, a day beforew the company was to makea $107 million interesg payment on part of Nortel’s more than $1 billiobn in debt. he Canadian court has since granted Nortel to come up with a satisfactorhreorganization plan. Speculation has focused on Nortep selling offone – – of its two biggesgt business units to improve its balancr sheet, but no deal has yet been reached.
A one-timed cornerstone of Research Triangle Parkwith 9,000o Raleigh-Durham employees at its peak, Nortel saw its fortunesd go downhill when the technology bubbl burst in 2000 and demandr steadily dried up from phone companies for Nortel’s The company also ran into trouble with an accountingh scandal that led to and the resignationws of the company’s top executives, including then-CEOk Frank Dunn.
Brampton, Ontario-based Nortel said (Pink Sheets: NRTLQ) LG-Norteol is a profitable, standalone business that has not file d forcreditor protection. according the company's latest financial the joint venture's revenuwe in the first quarter fellby two-thirds, to $188 from last year as a major contract came to an end. LG-Nortelp recorded $341 million in revenuee minus expenses in 2008 a margin of27 percent, Nortel The margin so far in 2009 is 26 percent, Nortelk said.
Nortel, which has about 2,000 employees in the Raleigh-Durhamm area, owns 50 percent, plus one share, of The company did not say how much it hopec to be paid for its stakein "LG-Nortel is a successful business with an accomplishedr leadership team, a culture of innovation, a dedicated employes base and a drive to succeed," said Mike Nortel’s president and CEO. "As we work to evaluatw the ultimate path forward for all of our this decision willallow LG-Nortel to embark on the next phase of its journey and realize its full Nortel says it will file a motion asking the Ontario Superior Court of Justicw to approve a sale process that has been agreed to with LG Electronics and that appoint to help find a buyer.
LG Electronicw and the Ontario court also must give their OK for any saleof Nortel’s stakre in LG-Nortel. Nortel in Canadq and the United Stateson Jan. 14, a day beforew the company was to makea $107 million interesg payment on part of Nortel’s more than $1 billiobn in debt. he Canadian court has since granted Nortel to come up with a satisfactorhreorganization plan. Speculation has focused on Nortep selling offone – – of its two biggesgt business units to improve its balancr sheet, but no deal has yet been reached.
A one-timed cornerstone of Research Triangle Parkwith 9,000o Raleigh-Durham employees at its peak, Nortel saw its fortunesd go downhill when the technology bubbl burst in 2000 and demandr steadily dried up from phone companies for Nortel’s The company also ran into trouble with an accountingh scandal that led to and the resignationws of the company’s top executives, including then-CEOk Frank Dunn.
Thursday, April 19, 2012
Hawaii flu cases close to 300 - St. Louis Business Journal:
humojo.wordpress.com
The Hawaii Department of Health, which now update its online H1N1 count each said there are now 298 confirmed casesin Hawaii. Thered were 98 new cases confirmed on Oahu this week for a totaol of288 cases. Kauai and Maui added a case each this They each have a total ofthreed cases. The Big Island, which has four cases, did not reporft any new casesthis week. Most have recovered or are recoveringf fromthe illness. The Centers for Diseass Control and Prevention said thatmost U.S. cased have not been severe and are comparable in severitt toseasonal influenza. Hawaii residents with question about H1N1 flu cancall 767-5044 ext. 3 between 7 a.m. and 7 p.m.
Monday through Friday and on weekends from9 a.m. to 5:30 p.m. Or visitt www.hawaii.gov/health or the Centersd for Disease Control and Preventionat www.cdc.gov/swineflu.
The Hawaii Department of Health, which now update its online H1N1 count each said there are now 298 confirmed casesin Hawaii. Thered were 98 new cases confirmed on Oahu this week for a totaol of288 cases. Kauai and Maui added a case each this They each have a total ofthreed cases. The Big Island, which has four cases, did not reporft any new casesthis week. Most have recovered or are recoveringf fromthe illness. The Centers for Diseass Control and Prevention said thatmost U.S. cased have not been severe and are comparable in severitt toseasonal influenza. Hawaii residents with question about H1N1 flu cancall 767-5044 ext. 3 between 7 a.m. and 7 p.m.
Monday through Friday and on weekends from9 a.m. to 5:30 p.m. Or visitt www.hawaii.gov/health or the Centersd for Disease Control and Preventionat www.cdc.gov/swineflu.
Tuesday, April 17, 2012
Sunday, April 15, 2012
Israeli Police Deploy at Airport to Prevent Possible Protests - Bloomberg
onoeuqedol1902.blogspot.com
Press TV | Israeli Police Deploy at Airport to Prevent Possible Protests Bloomberg Israeli police deployed several hundred additional officers in and around Ben Gurion International Airport outside Tel Aviv to prevent possible disruptions by pro-Palestinian activists set to arrive today. More than 1500 activists from at least 15 ... Prep arations for 'flytilla' prevent airport chaos European authorities prevent pro-Palestinian activists from flying France, Belgium, Turkey Prevent European Peace Activists from Flying to ... |
Saturday, April 14, 2012
Thursday, April 12, 2012
Patch MS12-027 Now--Zero Day Flaw Being Actively Exploited - PCWorld
hydiuco.blogspot.com
Patch MS12-027 Now--Zero Day Flaw Being Actively Exploited PCWorld Attackers are actively exploiting the flaw addressed in MS12-027. Patch now!Andrew Storms, director of security operations for nCircle, declares MS12-027 is the “deploy now†patch of the month. The Windows Common Controls are widely used throughout the ... |
Tuesday, April 10, 2012
Meeusen: Lakefront right location for water school - The Business Journal of Milwaukee:
disqualify-sida.blogspot.com
Speaking at The Business Journal’sw Power Breakfast at the Pfister Hotel in frongt of more than 500businesx executives, Meeusen said other cities closelh tied to a specifi industry all boast bricks-and-mortar structures to denote theird status. Paris has the Louvre Museumn as the centerpiecefor art, New York City has the Broadwat theater district as the focus of its theatef business and Nashville can point to the Grand Ole Opry as the home of countru music, he said. Meeusen said the site of the shutteredc Pieces of Eight restaurant between Discoveryh World and the Milwaukee Art Museujm is clearly the only locatioj for a new Universityof Wisconsin-Milwauker school of freshwater science.
Some opponents have suggeste d converting the restaurant site to green space and insteacd locating the school at the Milwaukee County transit garagre near Lake Michigan or at the existing UWM watetr science facility at the east end of Greenfield Avenue in an industriapl area near the Portof Milwaukee. “Milwaukee’s going to be a centedr for water technologyand we’rr going to build our keystone structure down by the coal pilex on Greenfield Avenue?” said who is the president and CEO of Badger Meter Inc., Browh Deer. “Makes no sensre to me.
It has to be rightg there in the heart of the He added that Milwaukee philanthropist Michaekl Cudahy has agreed to pay for the rights to the Piecese ofEight site, but will not support any othert location. Meeusen discussed the genesis and the progress onthe business-led water initiative as well as othe r issues related to the nation’s watefr supply and Milwaukee’s potential for attracting more water-related businesses. A full report on Meeusen' s comments will appear in the June 26 print editionb of TheBusiness Journal.
Speaking at The Business Journal’sw Power Breakfast at the Pfister Hotel in frongt of more than 500businesx executives, Meeusen said other cities closelh tied to a specifi industry all boast bricks-and-mortar structures to denote theird status. Paris has the Louvre Museumn as the centerpiecefor art, New York City has the Broadwat theater district as the focus of its theatef business and Nashville can point to the Grand Ole Opry as the home of countru music, he said. Meeusen said the site of the shutteredc Pieces of Eight restaurant between Discoveryh World and the Milwaukee Art Museujm is clearly the only locatioj for a new Universityof Wisconsin-Milwauker school of freshwater science.
Some opponents have suggeste d converting the restaurant site to green space and insteacd locating the school at the Milwaukee County transit garagre near Lake Michigan or at the existing UWM watetr science facility at the east end of Greenfield Avenue in an industriapl area near the Portof Milwaukee. “Milwaukee’s going to be a centedr for water technologyand we’rr going to build our keystone structure down by the coal pilex on Greenfield Avenue?” said who is the president and CEO of Badger Meter Inc., Browh Deer. “Makes no sensre to me.
It has to be rightg there in the heart of the He added that Milwaukee philanthropist Michaekl Cudahy has agreed to pay for the rights to the Piecese ofEight site, but will not support any othert location. Meeusen discussed the genesis and the progress onthe business-led water initiative as well as othe r issues related to the nation’s watefr supply and Milwaukee’s potential for attracting more water-related businesses. A full report on Meeusen' s comments will appear in the June 26 print editionb of TheBusiness Journal.
Sunday, April 8, 2012
THE DARK KNIGHT RISES Gets a Rating (PG-13); Plus Hong Kong Bus Art and the ... - Collider.com
yjanebixe.wordpress.com
Collider.com | THE DARK KNIGHT RISES Gets a Rating (PG-13); Plus Hong Kong Bus Art and the ... Collider.com by Steve 'Frosty' Weintraub Posted:April 8th, 2012 at 8:25 am With Christopher Nolan's The Dark Knight Rises set for release in just a few months, it seems like the film is nearing the finish line, with reports that it's been given a PG-13 ratin g from ... Has The Dark Knight Rises Re » |
Friday, April 6, 2012
Should Sox reconsider putting Bard in the bullpen - WEEI.com
igoeosysata1533.blogspot.com
Should Sox reconsider putting Bard in the bullpen WEEI.com Mut and Lou debate whether the Red Sox should move Bard back to the bullpen and allow Alfredo Aceves to be in the set-up role. Kevin Millar joins Mut and Merloni and hits on all things Red Sox. He talks about Bobby Valentine, the sox bullpen, ... |
Wednesday, April 4, 2012
Ciralight Global Secures DTC Eligibility - Houston Chronicle
iwyqaxewun.wordpress.com
Ciralight Global Secures DTC Eligibility Houston Chronicle OB) Ciralight Global, a publicly traded world leading sustainable energy company announced that the company has secured DTC Eligibility by The Depository Trust Company for its shares on the OTC effective March 30, 2012. The Depository Trust Company ... |
Tuesday, April 3, 2012
Business Success Stories - Mike and Kim Schmidt and Bella's Fat Cat
vuwodu.wordpress.com
Brady Street would seem an unlikely placde fora walk-in hamburger and frozen treats shop, but Mike and Kim Schmidt decidedf otherwise. In 2000, they opened Bella's Fat Cat to almosty instant success as a coolplace
Brady Street would seem an unlikely placde fora walk-in hamburger and frozen treats shop, but Mike and Kim Schmidt decidedf otherwise. In 2000, they opened Bella's Fat Cat to almosty instant success as a coolplace
Sunday, April 1, 2012
Intrust Arena lands state wrestling tourney - St. Louis Business Journal:
mozybyd.wordpress.com
Arena manager Chris Presson, who works for management company , says the has a one-yea contract. The tournament earlier this year was held at theKansaas Coliseum’s Britt Brown Arena, which will close when Intrust Bank Arena opens in January. “As a safety valve for both us and they wanted to doa one-year deal. We wanted to make sure it Presson says. This is the first high school sportd eventthe 15,000-seat arena has attracted. Pressob says he eventually hopews to lurethe 1A-4A state wrestlintg tournaments as well so the wholw event is under one roof, much like the state track meet at Cessna Stadiumj at .
Presson also says the contract also opens up a relationshil between SMGand KSHSAA, with the possibilitt of luring other state high school events. “That is a big get for us. That is a majo r feather in our cap,” Presson He declined to disclose the terms ofthe deal. “Theyu were very easy to work They were very diligent in protecting thoswthey represent,” he says.
Arena manager Chris Presson, who works for management company , says the has a one-yea contract. The tournament earlier this year was held at theKansaas Coliseum’s Britt Brown Arena, which will close when Intrust Bank Arena opens in January. “As a safety valve for both us and they wanted to doa one-year deal. We wanted to make sure it Presson says. This is the first high school sportd eventthe 15,000-seat arena has attracted. Pressob says he eventually hopews to lurethe 1A-4A state wrestlintg tournaments as well so the wholw event is under one roof, much like the state track meet at Cessna Stadiumj at .
Presson also says the contract also opens up a relationshil between SMGand KSHSAA, with the possibilitt of luring other state high school events. “That is a big get for us. That is a majo r feather in our cap,” Presson He declined to disclose the terms ofthe deal. “Theyu were very easy to work They were very diligent in protecting thoswthey represent,” he says.
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