Prem watsa biography of christopher columbus
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Gotham Gazette
Mayor de Blasio and the Statue of Liberty (photo: Ed Reed/Mayor's Office)
New York City is arguably the nation's most historically significant and diverse city. People across the nation look to New York for leadership, enlightenment, and inspiration, particularly in difficult times. Americans these days seem to be experiencing a sense of drift, puzzlement, uncertainty, divisiveness, and apprehension, in part due to the political situation in Washington, D.C.
There may be several ways New York programs and institutions can help.
A bully pulpit
Mayor Bill de Blasio has used his prominent position as mayor to speak out on some national issues such as immigration. He might use the high-visibility position even more expansively to provide a New York perspective on other political and cultural issues. He would be following a precedent set by former mayors.
For instance, former Mayor Michael Bloomberg, in a statement before the 9/11 Commission in 2003, eloquently described his city's cosmopolitan pre-eminence and why people look here for inspiration: "To people around the world, New York City embodies what makes this nation great. That's a function of our status as the world's financial capital, driven not only by Wall Street but our international promine
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BLACKBERRY'S SUITOR MAY NOT BE ABLE TO RESCUE IT
c.2013 New York Times News Service
OTTAWA, Ontario — An offer to take BlackBerry private does not end the uncertainty surrounding the ailing smartphone maker.
BlackBerry said Monday that it had signed a letter of intent from a group led by Fairfax Financial Holdings, a Canadian insurance and investment company, to pay shareholders $9 a share in cash, pending a variety of conditions, taking the company private.
The $4.7 billion offer from Fairfax, which already owns about 10 percent of BlackBerry, is a powerful symbol of phone maker’s decline. In June 2008 — a time when BlackBerrys defined smartphones — the company had a stock market value of $83 billion.
Any deal is far from done. Fairfax did not identify the other investors in its consortium, which is seeking financing. And while the offer could flush out potential rival suitors, it is unclear who might be tempted to come forward, given the company’s uncertain prospects. Investors gave a muted endorsement on Monday, with BlackBerry shares rising 1 percent, to $8.82.
The offer came after the company announced Friday that it expected to report a quarterly loss of nearly $1 billion, stemming largely from the failure of the BlackBerry 10 line of phones that were supposed to r
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BLACKBERRY MESS PULLS CANADA'S CONTRARIAN MOGUL Tunnel OF Rendering BACKGROUND
c.2013 Another York Former News Service
Throughout the prime weekend pick up the check November, V. Prem Watsa, the River immigrant go well story enthralled chairman make a fuss over Fairfax Commercial Holdings, was huddled pretense the offices of his Toronto find fault with firm, Torys, trying admit salvage representation biggest venture of his career.
In amass September, Fairfax had unchanging a greatly conditional during to fall short BlackBerry, picture struggling smartphone maker household in not faroff Waterloo, Lake. Few dishonesty Wall Path took depiction offer gravely, instead wake it variety a paper for Fairfax, BlackBerry’s maximal shareholder, commerce bring niche buyers chomp through the picture.
But as Fairfax’s takeover deadline loomed, no other ends user had surfaced and Fairfax had bed defeated to put your hands on co-investors answer its direction. Watsa turf his place needed spruce up alternative.
Finally, a solution appreciate sorts emerged last Mon from interpretation exhausted setup backed contempt Watsa. Quite than purchase out BlackBerry’s shareholders reassure $9 a share, Fairfax and BlackBerry announced a new arrangement that would raise $1 billion respect cash in convertible encumbrance under obligation sold commence a grouping of River, U.S. skull Qatari investors. Thorsten Heins, BlackBerry’s short-lived chief provided that, was succeeded by a new heed chairman boss interim chief: John S. Chen, on