Monday, May 7, 2012

San Francisco Mayor Ed Lee On Shifting Tech Hubs Into Urban Centers [TCTV]

sanfranciscoskylineFor years, companies have been known to flock more to SF's southern suburbs or to San Jose some 50 miles south, where space is often cheaper and the tax situation has historically been more lax. But surrounded by tech-focused supporters such as Ron Conway and Marissa Mayer, Ed Lee has made it a major priority of his administration to bring more technological innovation and startup businesses into the city of San Francisco.

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Polls open in France's overseas territories

French Socialist Party candidate for the presidential election Francois Hollande walks with his companion Valerie Trierweiler, in Tulle, southwestern France, Saturday, May 5, 2012. The second round of the French presidential elections will take place on May 6, 2012. (AP Photo/Bob Edme)

French Socialist Party candidate for the presidential election Francois Hollande walks with his companion Valerie Trierweiler, in Tulle, southwestern France, Saturday, May 5, 2012. The second round of the French presidential elections will take place on May 6, 2012. (AP Photo/Bob Edme)

France's President and conservative candidate for re-election in 2012, Nicolas Sarkozy, shakes hands with crowds of supporters after a campaign meeting in Sables d'Ollonne, western France, Friday, May 4, 2012. The final polls before France's presidential election Sunday show a shrinking gap between President Nicolas Sarkozy and Socialist challenger Francois Hollande, but still predict a Hollande victory. (AP Photo/Eric Feferberg, Pool)

(AP) ? Voters in France's overseas territories began casting ballots for Nicolas Sarkozy or Francois Hollande on Saturday in a presidential election that could affect everything from Europe's efforts to fight its debt crisis to how long French troops stay in Afghanistan.

The final polls show Sarkozy making up ground on his Socialist challenger before Sunday's election in France ? but still suggest a Hollande victory. Campaigning and the release of poll data have been suspended until the results of the run-off election come in Sunday evening.

Sarkozy predicts a "surprise" and Hollande is urging voters to avoid complacency as the bitter campaign neared its climax, driven by fears about joblessness, immigration and France's economic future.

Hollande spent the weekend in Tulle, the town in central France where he has his electoral base as legislator and one-time mayor. Greeting shoppers in a market, Hollande said he was "confident, but not sure" when asked about his chances of becoming France's next president.

"We wait for Sunday, I speak only about Sunday. Monday is another day," Hollande said.

Sarkozy as spending the day at home with his family in Paris.

Under a quirk of French electoral rules, balloting got under way Saturday in France's embassies and overseas holdings, starting in tiny Saint Pierre and Miquelon ? islands south of Newfoundland in the North Atlantic Ocean.

The election's outcome will impact on Europe's efforts to fight its debt crisis, how long French troops stay in Afghanistan and how France exercises its military and diplomatic muscle around the world.

Sarkozy, disliked by many voters for his handling of the economy, promised he could come out victorious on Sunday. Speaking on Europe-1 radio Friday, he said much will depend on whether French voters bother to cast ballots in an election that polls have always predicted Hollande would win.

But he also sounded increasingly philosophical and prepared for possible defeat.

Asked Friday what he would do if he loses, Sarkozy said simply, "there will be a handover of power."

"The nation follows its course. The nation is stronger than the destiny of the men who serve it," he said. "The fact that the campaign is ending is more of a relief than a worry."

Hollande urged his followers against complacency. "Victory is within our grasp!" he said in a rousing rally in the southern city of Toulouse on Thursday night.

Polls released Friday and Thursday show the gap between the candidates shrinking but results still solidly in Hollande's favor.

A poll by the BVA agency shows 52.5 percent support for Hollande and 47.5 percent for Sarkozy. A poll by the agency CSA shows 53 percent for Hollande and 47 percent for Sarkozy.

For both polling agencies, that was the smallest spread registered in the campaign, which a few months ago saw polls predicting Hollande winning by a crushing 60 percent to Sarkozy's 40.

The margin of error on each poll was plus or minus 2-3 percent. BVA questioned 2,161 people by telephone Thursday. CSA questioned 1,123 people by telephone Thursday.

The polls were carried out after the candidates' only debate Wednesday night, which Sarkozy had hoped would be the knockout blow he needed.

Hollande has won the support of a prominent centrist who won 9 percent of the vote in the first round of presidential elections, Francois Bayrou. Bayrou said Thursday night he would not give his voters specific guidance for Sunday's vote ? but that he will cast a ballot for Hollande.

Bayrou criticized Sarkozy's campaign rhetoric as too violent. Sarkozy has sought to lure far-right voters who supported anti-immigrant candidate Marine Le Pen in the first round.

Sarkozy kept it up anyway Thursday at a big campaign rally in Toulon.

"We don't want different tribes, we don't want ethnic communities to turn in on themselves, we don't want (non-citizen) immigrants to vote," he said.

Critics of Sarkozy have often faulted him for his brash style, alleged chumminess with the rich and inability to reverse France's tough economic fortunes and nearly double-digit jobless rate.

Hollande has promised more government spending and higher taxes ? including a 75-percent income tax on the rich ? and wants to renegotiate a European treaty on trimming budgets to avoid more debt crises of the kind facing Greece.

___

Masha Macpherson in Tulle, France contributed to this report.

Associated Press

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Sunday, May 6, 2012

Think You Deserve To Be Called a CEO?

Facebook_the-social-networks-front1Congratulations. You?re the CEO of a startup. You?re doing the hardest job in business. You?ve raised money from venture capitalists and turned down better-paying jobs elsewhere. You?ve mastered complicated things such as capitalization tables and common things, such as payroll. You?ve fought with competitors, coworkers, friends and even yourself without losing your way or your wits. You?ve inspired others to work beside you each day to make your dream a reality. I salute you. Now, everybody else calling himself or herself a CEO?listen up, this is for you: stop it. Just stop calling yourself a CEO.

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Saturday, May 5, 2012

Chicago Based Commercial Finance Company Offers Non ...

By Top News US Full Feed ? May 4th, 2012 ? Category: Press Releases

Clopton Capital, a secondary market commercial real estate lender which provides commercial loans for income producing properties nationwide, is announcing the expansion and addition of non-recourse lending options for operators and owners of hospitality properties.

(PRWEB) May 04, 2012

Clopton Capital, a secondary market commercial real estate lender which provides commercial loans for income producing properties nationwide, is announcing the expansion and addition of non-recourse lending options for operators and owners of hospitality properties.

A nationwide program for financing hotel properties with non-recourse CMBS loans has recently been sourced and added to the portfolio of lending options offered by the company. ?We are a direct originator for several CMBS conduits throughout the nation,? says Jake Clopton, founder of Clopton Capital. ?This allows us to offer low pricing and fast turnaround for loans looking for a non-recourse loan option.? Clopton Capital uses not one, but a dozen CMBS conduits offering borrowers access to the entire CMBS market with a one stop shop as oppose to going from place to place and a long drawn out process.

Clopton Capital ranks as one of the most active and dynamic commercial real estate finance firms providing lending options nationwide for income producing properties. Offering commercial mortgages, construction loans, bridge loans, and CMBS loans to borrowers for a diverse range of property types and ownership structures, Clopton Capital has the capability to meet almost any lending needs of property owners and managers.

For more information contact a loan officer by calling 866-647-1650 or visit http://cloptoncapital.com/hotelfinancing.html
http://cloptoncapital.com/cmbsloans.html

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/5/prweb9477000.htm

Tagged as: Clopton Capital, CMBS, Jake Clopton

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Clinton says raised cyber issues with China (reuters)

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