IGT pens long-term extension with Barbados Lottery licensees

first_img IGT pens long-term extension with Barbados Lottery licensees AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 4th December 2019 | By contenteditor International Game Technology (IGT) has announced that its IGT Global Services subsidiary has signed a 10-year extension to a private management agreement with the four licence-holders and beneficiaries of the Barbados Lottery. Regions: LATAM International Game Technology (IGT) has announced that its IGT Global Services subsidiary has signed a 10-year extension to a private management agreement with the four licence-holders and beneficiaries of the Barbados Lottery.Under the deal, IGT will continue to provide its sales, marketing, advertising and retail agent services to the four parties.IGT will deploy new retail terminals and ticket checkers, introduce self-service vending machines to the market and provide peripheral equipment for social space games – numbers games displayed on a monitor and played in locations such as bars and restaurants.The agreement also covers the ongoing provision of technologies for transaction processing and retail requirements.IGT has operated the Barbados Lottery since the Lottery’s inception in 2005, supporting its beneficiaries the Barbados Olympic Association, the Barbados Cricket Association, the Barbados Turf Club and the National Sports Council.“Our long-term partnership with IGT has proven to be the major driving force behind our ability to consistently contribute to the development of sports, youth, and cultural programs in Barbados,” the beneficiaries said in a joint statement.“A significant portion of our organisations’ income is derived from IGT-generated revenues, and it is these funds that enable us to deliver vital programs for all Barbadians to enjoy. This extended partnership with IGT is the proven and optimal way in which we can boost our revenues and sustain programs well into the future.”Declan Harkin, chief operating officer, international lottery at IGT, added: “This amendment to extend our private management lottery services in Barbados demonstrates all four beneficiaries’ confidence in IGT’s expertise in responsibly growing the Lottery.“We look forward to enhancing this robust program through new and existing solutions that engage players, drive growth, and generate funds for good causes that ultimately benefit all Barbadians.”The extension comes after IGT announced that Alberto Fornaro is to step down as its chief financial officer earlier this week, with Timothy Rishton set to take on the role on an interim basis.center_img Topics: Lottery Tech & innovation Subscribe to the iGaming newsletter Lottery Email Addresslast_img read more

MCB Group Limited (MCBG.mu) HY2012 Interim Report

first_imgMCB Group Limited (MCBG.mu) listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2012 interim results for the half year.For more information about MCB Group Limited (MCBG.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the MCB Group Limited (MCBG.mu) company page on AfricanFinancials.Document: MCB Group Limited (MCBG.mu)  2012 interim results for the half year.Company ProfileMCB Group Limited is a financial holdings company that, together with the several subsidiaries running under it, operates in three clusters; banking, non-banking financial and other investments. The non-banking financial sector is involved in factoring and leasing while the MCB Capital Markets Limited offers services such as corporate finance advisory, asset management, stockbroking, private equity and registry. The Group also assists micro and small entrepreneurs. The services offered by the company include, offers current, savings, and foreign currency accounts; fixed and term deposits; personal, educational, motor, green, and housing loans; term loans; and working capital finance, term funding¸ structured finance, private equity finance, and leasing services, as well as credit and prepaid cards. MCB Group Limited is listed on the Stock Exchange of Mauritius.last_img read more

Former financial PR chief to head Church of England’s communications…

first_img Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Tags Rector Bath, NC This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 People Press Release Service Associate Rector Columbus, GA Rector Shreveport, LA Rector Collierville, TN Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET New Berrigan Book With Episcopal Roots Cascade Books Rector Martinsville, VA Submit an Event Listing The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Director of Administration & Finance Atlanta, GA Submit a Job Listing Canon for Family Ministry Jackson, MS Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Featured Events Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Family Ministry Coordinator Baton Rouge, LA Rector/Priest in Charge (PT) Lisbon, ME Tashi Lassalle will become director of communications for the Church of England next month. Photo: Church of England[Anglican Communion News Service] The Church of England has appointed Tashi Lassalle, a former head of communications for insurance market Lloyds of London and private equity firm Actis as its new director of communications. When she takes up her post next month she will head a team of 14 people, including senior professionals who take the lead on safeguarding, finance, digital and media; as well as communications training and special projects. The Church House communications unit serves the Archbishops’ Council, the Church Commissioners and the Church of England Pensions Board; and works with separate communications teams serving the Archbishops of Canterbury and York at Lambeth and Bishopthorpe Palaces, and the regional dioceses.Read the full article here. Curate Diocese of Nebraska Missioner for Disaster Resilience Sacramento, CA Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Course Director Jerusalem, Israel Rector Washington, DC Assistant/Associate Rector Washington, DC center_img Curate (Associate & Priest-in-Charge) Traverse City, MI Rector Albany, NY Associate Priest for Pastoral Care New York, NY Rector Belleville, IL Rector (FT or PT) Indian River, MI Director of Music Morristown, NJ Anglican Communion, Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Priest-in-Charge Lebanon, OH Submit a Press Release Rector and Chaplain Eugene, OR Cathedral Dean Boise, ID An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Former financial PR chief to head Church of England’s communications team Rector Hopkinsville, KY Rector Tampa, FL Assistant/Associate Priest Scottsdale, AZ Priest Associate or Director of Adult Ministries Greenville, SC Rector Pittsburgh, PA AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector Knoxville, TN Youth Minister Lorton, VA Rector Smithfield, NC TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Assistant/Associate Rector Morristown, NJ Posted Oct 24, 2017 Associate Rector for Family Ministries Anchorage, AK Featured Jobs & Calls The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Bishop Diocesan Springfield, ILlast_img read more

Wales vs Samoa Highlights – November 2012

first_imgMonday Nov 19, 2012 Wales vs Samoa Highlights – November 2012 Highlights of Samoa’s 26-19 victory over Wales in Cardiff on Friday nightTime: 06:32Credit: nhrugby2012 ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error End of Year Tours 2012 Related Articles 445 WEEKS AGO Kurtley Beale late try snatches win for Wallabies… 445 WEEKS AGO England upset the All Blacks with famous… 445 WEEKS AGO End of Year Tours 2012 – Week Three – Highlights…last_img read more

North Bend House / Johnston Architects

first_imgShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/102556/north-bend-house-johnston-architects Clipboard Houses Save this picture!© Will Austin Photography+ 21 Share United States North Bend House / Johnston Architects “COPY” Projects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/102556/north-bend-house-johnston-architects Clipboard Photographs North Bend House / Johnston ArchitectsSave this projectSaveNorth Bend House / Johnston Architects Photographs:  Will Austin PhotographyText description provided by the architects. As mountain guides, Scott Schell and Margaret Wheeler are used to the upper reaches of the Cascades. Their site in the foothills above Snoqualmie is not far from work. The 2,100 sqf house, designed by Johnston Architects and built by Tall Tree Construction, accommodates both professional and practical demands, but it also fulfills a deep desire to do what is right.Save this picture!© Will Austin PhotographyRecommended ProductsDoorsVEKADoors – VEKAMOTION 82DoorsRabel Aluminium SystemsMinimal Sliding Door – Rabel 62 Slim Super ThermalMetallicsTECU®Copper Surface – Classic CoatedWoodGustafsWood Veneered Wall & Ceiling PanelsThis house was built on site with many materials found, milled and crafted on the site. Blow-down trees from storms provided the logs that were milled into siding, fascias and trim. Large firs and cedars were felled, cured and processed to provide beams and some framing materials. A ground source heat pump supplemented by solar water preheating supplies energy to the house. To this, recycled materials, FSC certified materials, grey water recycling and other strategies are the basis of the soon to be achieved LEED Silver status of this house.Save this picture!© Will Austin PhotographyThe historic fabric of this complex lies in the history of use of the land and indoor/outdoor occupation of forested space. The mud room, nearby wood storage, use of varied floor materials to shake off the debris of the outside, simple roof forms are all part of this solution. Rather than dig the house into its hillside, we bridged across for an upper floor entry, minimizing grading and other disruption to the existing environment. Two thousand native plantings were made to restore the forest floor upon completion. Even on a grey and rainy day this forest retreat is filled with light.Save this picture!© Will Austin PhotographyProject gallerySee allShow lessInternational Retreat / Weiss/ManfrediArticlesNew Visions for Pedestrian Footbridge Design Competition winner / LEA Invent & Burca…Articles Share Year:  “COPY” ArchDaily 2008 Architects: Johnston Architects Area Area of this architecture project Area:  2100 ft² Year Completion year of this architecture project CopyHouses•North Bend, United States CopyAbout this officeJohnston ArchitectsOfficeFollowProductsWoodGlass#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesSustainabilityHousesNorth BendUnited StatesPublished on January 13, 2011Cite: “North Bend House / Johnston Architects” 13 Jan 2011. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogMetal PanelsAurubisMill Finished Copper: Nordic StandardWindowsMitrexSolar WindowAluminium CompositesTechnowoodHow to Design a Façade with AluProfile Vertical ProfilesBulbs / SpotsCocowebLighting – Compact Gallery White TracklightConcreteKrytonCrystalline Waterproofing – KIMSealantsEffisusCrossing Perforations on RoofsWall / Ceiling LightsLouis PoulsenLamp – LP RiplsTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea CosmosWood Boards / HPL PanelsInvestwoodValchromat Panels for Interior DesignWindowspanoramah!®ah! MotorisationHingesSaliceHinges – PactaDrawers / Filing Cabinets / ShelvesBeneStorage Partition – PORTS StorageMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

A message from John Lennon (OLPC)

first_img John Lennon believed in the power of imagination to change the physical world. One Laptop Per Child (OLPC) is working on that goal by giving a powerful educational tool to the world’s poorest children.Thanks to support from Yoko Ono, this is OLPC’s latest PSA: a message created from footage of John Lennon about the power each one of us has to change the world.www.laptop.org Howard Lake | 9 February 2009 | News  43 total views,  1 views today Tagged with: Celebrity A message from John Lennon (OLPC)  44 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Advertisementlast_img read more

Por qué la clase dominante estadounidense quiere un acuerdo con Irán

first_imgAhora que la temporada de 18 meses de elecciones nacionales burguesas en EUA ha comenzado, no sorprende que un acuerdo negociado entre el gobierno iraní y el P5+1 — los cinco miembros permanentes del Consejo de Seguridad de la ONU más Alemania — se haya convertido en una gran cuestión política. La administración Obama dice que el acuerdo impedirá que Irán desarrolle armas nucleares al menos durante 15 años. A cambio, los imperialistas occidentales dicen que levantarán algunas — no todas — de las sanciones que se han impuesto a Irán desde 2005. Al impedirle a Irán vender petróleo en el mercado mundial, entre otras restricciones, han limitado su economía. El acuerdo está siendo atacado por todos los pre-candidatos republicanos casi como una “traición”. El congreso debe votar para el 17 de septiembre si aprobar o no el acuerdo. Algunos demócratas se han unido a los republicanos diciendo que se opondrán. Hay un cabildeo furioso por ambos lados, incluyendo no sólo presión directa sobre representantes y senadores, sino también anuncios en periódicos y televisión. El último ejemplo fue una carta a Obama firmada por 214 generales y almirantes estadounidenses jubilados que también apareció como un anuncio en el New York Times el 30 de agosto. Llamó el acuerdo, conocido como el Plan Completo Conjunto de Acción, “peligroso” y dijo que el acuerdo “hace probable que la guerra que el régimen iraní ha emprendido contra nosotros desde 1979 [sic] siga, con riesgos mucho más altos para nuestros intereses de seguridad nacional”. Anteriormente, el 11 de agosto, un grupo de tres docenas de generales y almirantes jubilados habían enviado una carta a Obama argumentando lo opuesto. Dijeron que “el acuerdo con Irán beneficia la seguridad nacional estadounidense”. El Washington Post indicó: “Los firmantes de  la carta [a favor del acuerdo] incluyen a un general retirado y oficiales de bandera de cada rama del servicio. Incluyen a los generales de cuatro estrellas de la Marina James Cartwright, el ex-vicepresidente de los Jefes del Estado Mayor Conjunto, y Joseph P. Hoar, ex-jefe del Comando Central EUA; y los generales Merrill McPeak y Lloyd W. Newton de la Fuerza Aérea”. El gobierno de Netanyahu en Israel se opone violentamente al acuerdo. Para demostrar que había apoyo judío y hasta sionista, sin embargo, el Post también indicó que uno de los firmantes, el almirante jubilado Harold L. Robinson, era un rabino que se describe como “sionista de por vida”. El Post añadió: “La carta de los militares retirados siguió a la publicación este pasado fin de semana de una carta a Obama por 29 de los científicos más importantes del país, quienes llamaron el acuerdo de Irán ‘técnicamente sólido, riguroso e innovador’ y dijo que proporcionará la seguridad necesaria en la próxima década y más, de que Irán no desarrollará armas nucleares”.Argumentos falsos distorsionan historiaHay tantos argumentos falsos puestos en este debate que un poco de historia es necesaria para entender lo que realmente está pasando.En primer lugar, EUA y los otros imperialistas occidentales no tenían problemas con Irán cuando fue gobernada por el autocrático y brutal Shah Reza Pahlevi, quien había conseguido su puesto por un golpe de estado organizado por la CIA en 1953. El agente de EUA que coordinó ese golpe fue Kermit Roosevelt Jr., nieto del famoso imperialista Theodore Roosevelt. En su libro “Contragolpe: la lucha por el control de Irán”, KR se jactó de llegar a Teherán montado en un tanque.La industria del petróleo iraní, que había pertenecido a la nación iraní, fue desnacionalizada en 1955. Tres años más tarde, Kermit Roosevelt dejó la CIA para trabajar para la Gulf Oil, convirtiéndose pronto en vicepresidente de la empresa.El Shah en su Trono de Pavo Real fue el conducto para que el imperialismo occidental se enriqueciera del mayor recurso comercial de Irán, el petróleo.Tan pronto como el Shah fue investido por EUA, los banqueros británicos y los magnates petroleros, anunció en 1953 que Irán lanzaría un programa nuclear civil como parte de la iniciativa “Átomos para la paz” del presidente estadounidense Dwight D. Eisenhower.Los imperialistas occidentales estaban todos de acuerdo – incluso facilitaron el programa nuclear de Irán – hasta 1979, cuando las masas se levantaron en una lucha heroica y derrocaron al Shah y su brutal policía, la Savak.Fue entonces cuando los imperialistas comenzaron a buscar maneras de justificar una guerra económica contra Irán. A mediados de la década de 1990, la administración Clinton impuso sanciones contra Irán, ostensiblemente por su programa nuclear. Eso fue hace 20 años, y la hostilidad de EUA ha empeorado desde entonces.Si la razón para las sanciones realmente fuera la posibilidad de que en algún momento el programa de energía pacífica de Irán pueda terminar en armas nucleares, entonces ¿por qué no se ha sancionado a Israel por su ampliamente conocido pero nunca admitido arsenal nuclear? Nunca ha firmado el Tratado de No Proliferación; Irán sí lo ha firmado.Ahora viene la posibilidad de que, a pesar de todo el alboroto sobre “los riesgos para la seguridad nacional”, el acuerdo del P5+1 con Irán pueda llegar a ser una realidad – aunque podría ser necesario que el presidente tenga que vetar una mayoría “no” en la Cámara y/o en el Senado para conseguir la aprobación del acuerdo. Sesenta y siete de los 100 senadores tendrían que votar “no” para anular el veto de Obama.Inestabilidad impulsa WashingtonHay especulación en los medios de comunicación corporativa que Obama quiere aprobar el acuerdo con el fin de consolidar su “legado”. Pero los informes muestran que el gobierno estadounidense – y una parte importante de la clase dominante que se basa en las ganancias del exterior – tiene preocupaciones mucho más grandes que esa. De hecho, ellos están tratando de encontrar la manera de apuntalar su posición, sobre todo en el suroeste de Asia, donde las horrendas guerras de agresión EUA/OTAN han creado condiciones críticas para decenas de millones de personas – y han perturbado totalmente la vida económica en la que las grandes empresas se robustecen.La volatilidad actual en los mercados financieros internacionales es sólo una de las indicaciones de lo inestable que se ha convertido la posición de los principales países capitalistas.El secretario de estado John Kerry defendió el acuerdo en un acto televisado el 12 de agosto. El servicio de noticias Reuters informó: “Si EUA se aleja del acuerdo nuclear con Irán y exige que sus aliados cumplan con las sanciones estadounidenses, una pérdida de confianza en el liderazgo de EUA podría amenazar la posición del dólar como moneda de reserva del mundo, dijo el jefe de la diplomacia estadounidense el martes. ‘Si damos la vuelta y anulamos el acuerdo y luego decimos: “Tú tendrás que obedecer nuestras reglas y sanciones de todos modos”, esto es una receta, muy rápido… para que el dólar estadounidense deje de ser la moneda de reserva del mundo”, dijo el secretario de estado Kerry en un evento de Reuters Newsmaker”.Es muy raro que un funcionario del gobierno suene con pánico sobre la economía estadounidense, incluso cuando esté motivado por la necesidad de defender alguna gran iniciativa. Pero el pánico, al parecer, está en el aire tanto en Wall Street como en las juntas de administración de las grandes compañías petroleras.Su estrategia para ampliar grandemente la producción de petróleo de EUA y hacer miles de millones por fracturamiento hidráulico para petróleo y gas, una manera muy costosa de obtener energía – ha resultado totalmente contraproducente cuando la sobreproducción mundial y las economías estancadas o en contracción, recientemente condujeron el precio del crudo por debajo de $40 por barril. El petróleo de Arabia Saudita e Irán todavía puede ser rentable a ese precio – pero no el petróleo de las arenas bituminosas de Canadá o de gran parte de EUA.Esto explica por qué hay apoyo para el acuerdo de Irán de un sector poderoso del complejo industrial-militar-bancario. La agenda de la administración Obama no es más “liberal” que la de muchos republicanos – sólo que está más en sintonía con Wall Street y menos afectada por la retórica e ideología de la extrema derecha.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

National ‘walk-ins’ reject attacks on public education

first_imgMilwaukee students participate in ‘walk-in.’More than 100,000 students, educators, parents and supporters participated in a National Day of Action for Public Education on Oct. 6. They represented 2,000 schools in more than 200 communities, reported the American Federation of Teachers and the National Education Association. A variety of actions took place, but most were “walk-ins” — where public school educators and their supporters gathered to picket and rally before entering their schools for work.The protests demanded increased funding for public schools, expansion of community schools with added services, an end to the racist school-to-prison pipeline and a halt to the expansion of charter schools at the expense of public schools.In Milwaukee, educators, parents, children and community members at more than 100 public schools joined walk-ins sponsored by the Milwaukee Teachers Education Association. Wisconsin has faced severe austerity cuts to K-12 elementary and high schools, as well as in higher education.The city of Milwaukee was used as a laboratory in the late 1980s and early 1990s to implement charter and voucher schools. It is now a majority Black and Brown city. Like Chicago and Detroit, the city is facing increasing racist attacks from a right-wing governor and a legislature controlled by Wall Street and reactionary foundations.But public educators’ resistance to attacks on self-determination for oppressed communities in majority-of-color cities is growing. Detroit teachers held a citywide sickout in the last school year. Chicago educators are gearing up for another strike. And in Milwaukee there have been mass walk-ins and other forms of resistance, including a rebellion by Black youth in August.The same week in which the school walk-ins took place, mass labor and community resistance caused Milwaukee’s Board of Zoning to deny a special use permit to Right Step Inc., a military-style voucher school.The school had plans to base itself in a vacant Milwaukee Public Schools building in the Riverwest community. The right-wing, racist Bradley Foundation has given hundreds of millions of dollars to the drive to privatize public schools and helps to fund the Wisconsin Institute for Law and Liberty, of which Right Step Inc. is a client.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Dr. Olivia Hooker, teacher, survivor of 1921 Tulsa racist attack

first_imgUpdate to this slightly edited article, originally published in Workers World on March 3, 2016: Not only is Dr. Hooker still alive today at 103, but she and other founders of the Tulsa Race Riot Commission finally won some historical reparations when on Feb. 20, Oklahoma state legislators announced the launch of an online public school curriculum related to the 1921 racist attacks. Information about the “Tulsa Race Riot” had not previously been taught in the state’s school system. (tulsa2021.org)Olivia HookerDr. Olivia Hooker is a 101-year-old survivor of the horrific racist attack on the African-American community in Tulsa, Okla., known as the Tulsa race riot. To this day, she remembers the devastating, traumatic experience of rioters coming onto her family’s property on May 31, 1921.Throughout U.S. history, there have been deliberate efforts to keep African Americans at the bottom of society. Black people have consistently been the targets of racial hatred and violence. The law of the land continues to be white supremacy and privilege. The U.S. is rife with racism, which is exported worldwide through imperialist propaganda and war. Due to centuries of social, economic and political disenfranchisement, the Black population has much catching up to do.Just two generations after the abolition of slavery, descendants of enslaved people in the Greenwood section of Tulsa created a thriving, self-sufficient community that was a center for business and wealth. Greenwood was known as “Black Wall Street.” Residents built and cultivated homes, schools, churches, restaurants, banks, theaters, hospitals, hotels and stores. Its residents were among the best educated African Americans in the country.Racists razed GreenwoodHowever, African Americans’ attempts to rise up and move beyond oppression were defeated. Greenwood was prosperous, but its growth was short-lived. Those who dared to dream — and substitute commercial success for segregation — were shoved back down to the status quo. Racial hatred kept the entire community from reaching their goals in a country that deprived them of their basic rights and dignity.Resentment by hostile whites, who were determined to maintain white dominance, exploded into mob violence. Acts of hatred lasted throughout the day and into the night in Greenwood. Rifle shots were fired from planes; fire bombs were dropped.White rioters ransacked and looted homes and businesses before burning them down. They destroyed more than 1,000 homes, leaving 10,000 Black people homeless. The racists murdered an estimated 300 people and injured 800; others died trapped in the fires. Even the police shot residents. Within 16 hours, the entire community of 35 city blocks was obliterated.Martial law was declared. The National Guard did not arrest the racists, but rounded up and detained thousands of African Americans, some for several days. Men and boys were placed in internment camps. All the weapons they had for self-protection were confiscated and given to whites.Hooker family attackedDr. Hooker was born in Muskogee, Okla., in 1915. When she was three years old, the family moved to Tulsa. When the riot occurred, Dr. Hooker was six. Racists burned the doll clothes her grandmother made that were hanging on the clothesline. Inside the house, the assailants broke or stole the family’s possessions. They even destroyed the food on the stove. Then they took away her father and 8-year-old brother.After the racist attack, Dr. Hooker’s mother and five children moved to Topeka, Kan. Her father stayed behind to try to rebuild his department store. A year later, the family moved back to Tulsa, attempting to pick up the pieces of their broken lives. After two years, the family moved to Columbus, Ohio, as Dr. Hooker’s father had been offered a job there. Both parents had been teachers.While living in Columbus during the Great Depression, Dr. Hooker earned a bachelor’s degree in elementary education at Ohio State University in 1937. In 1945, she was the first African-American woman to join the U.S. Coast Guard. She had applied to the U.S. Navy’s Women Accepted for Volunteer Emergency Service program, but was rejected because of her ethnicity. She disputed the rejection and was later accepted, but chose instead to join the Coast Guard to break the color barrier there, eventually earning the rank of petty officer second class.Dr. Hooker received a master’s degree from Columbia University’s Teachers College in New York City in 1947. She received her doctorate in psychology from the University of Rochester in 1961 and then worked as an in-house psychologist at Bedford Hills Correctional Facility for Women. In 1963, she began working as a senior clinical lecturer in psychology at Fordham University and became an assistant professor there until 1985.Dr. Hooker co-founded the American Psychological Association’s Division of Intellectual and Developmental Disabilities. At 87, she retired in 2002. At 95, she volunteered with the Coast Guard Auxiliary in Yonkers, N.Y.City, state, courts deny reparations It wasn’t until 2001 that the city of Tulsa formally apologized for destroying Greenwood. Two years later, Dr. Hooker and other survivors founded the Tulsa Race Riot Commission and filed a lawsuit against Tulsa and Oklahoma, demanding reparations for millions of dollars in damages. Their demands included health care for descendants living in Greenwood and scholarships for area students to attend Historically Black Colleges. The Supreme Court refused to hear the case. No victims nor their descendants received compensation. Mentions of the riot were omitted from local and state histories, books and classrooms for decades.Dr. Hooker has been a psychologist, humanitarian and women’s rights advocate, and asserts that everyone must strive toward preventing other catastrophic violence like the Tulsa attack. She has devoted much of her life to educating young people, so that subsequent generations will be more tolerant of racial diversity than previous generations.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Wells Fargo May Loosen Credit Requirements

first_img Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: credit mortgage Subprime Wells Fargo Wells Fargo May Loosen Credit Requirements Demand Propels Home Prices Upward 2 days ago According to a report by Reuters, Wells Fargo is looking to re-enter the subprime mortgage market by lowering its standards of acceptable credit scores for borrowers. Wells Fargo is the largest U.S. mortgage lender, and a move back into subprime mortgages may signal a sizable shift in the mortgage lending environment.Wells Fargo is interested in customers with credit scores as low as 600, notes the report. Its prior limit was 640, often regarded as the limit between mortgages that are considered prime and subprime. Credit scores range from 300 to 850.Other large banks, however, seem reticent to follow Wells Fargo’s lead, remaining cautious about any return to the subprime market. Lenders are wary of subprime mortgages, due in large part to the passage of the 2010 Dodd-Frank Law. If mortgage borrowers don’t meet the law’s eight criteria to qualify for a mortgage and later default on a loan, a borrower can sue the lender and argue the loan should have never been made.Lenders venturing back into the high-risk loans market are even using a subtle marketing trick to assuage fear and spur demand—subprime loans become “another chance mortgages” or “alternative mortgages,” shedding the stigmatized “subprime” label.Incentivized by rising mortgage rates, lenders have plenty of reasons to target borrowers with lower credit scores. Rising rates are expected to reduce U.S. lending by 36 percent in 2014, according to the Mortgage Bankers Associations (MBA) forecast, due to a large drop in refinancings.Wells Fargo is looking to lend to borrowers with weaker credit, but only under the condition the mortgages can be guaranteed by the Federal Housing Administration (FHA). Since the loans would be backed by the government, Wells Fargo can package them to sell to investors as bonds.Subprime mortgages were at the center of the financial crisis, but many lenders believe that with proper controls the risky business ventures can be properly contained and generate profit. Colin Robins is the online editor for DSNews.com. He holds a Bachelor of Arts from Texas A&M University and a Master of Arts from the University of Texas, Dallas. Additionally, he contributes to the MReport, DS News’ sister site. The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post Previous: DS News Webcast: Monday 2/17/2014 Next: Williams & Williams Welcomes New Executives The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Headlines, News, Secondary Market Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Share Save Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Related Articles credit mortgage Subprime Wells Fargo 2014-02-17 Colin Robins February 17, 2014 759 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily About Author: Colin Robins Home / Daily Dose / Wells Fargo May Loosen Credit Requirementslast_img read more