DOCSLIB.ORG

Cornerstone Newsletter Winter 2018

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Cornerstone Newsletter Winter 2018 WINTER 2018 $100,000 endowment challenge 2018 GOAL it takes a $100,000 villagevillage endowment challenge When you think about helped support thousands of individuals across Saginaw County. How can one organization do your village, who do so much? you think of? $100,000 We bring together the financial resources of endowment challenge Your neighbors. Your family. Your friends. individuals, families and local businesses to support nonprofits in our community. We act as They are all individuals you can count on to a convener by bringing groups and individuals Our goal this year is to raise $100,000 get things done, now and in the future. together to reach common goals. We’re a place during our 2018 Cornerstone Campaign. where diverse interests and different voices With your help, gifts of any size made to At Saginaw Community Foundation, when come together to make real change happen. the Lucy R. Allen Cornerstone Fund will we think of our village, it includes everyone become a part of our permanent operating in Saginaw County and the Great Lakes Bay Philanthropy made easy endowment, building towards our overall Region. Your help is needed today to take A gift made to The Lucy R. Allen Cornerstone goal to grow the fund to $5 million. care of our village. Fund becomes part of our permanent adminis- trative endowment, which means it will benefit Once our endowment reaches $5 million, In today's village Saginaw Community Foundation forever. We the annual financial support generated There are many passions in our village. Educa- pool gifts together and invest them to maximize from the fund directed toward our general tion of our youth, public safety, and the health resources available for the Foundation to address operations will allow us to continue to and wellbeing of residents – to name a few. a wide variety of community opportunities. fulfill our mission as a truly sustainable At Saginaw Community Foundation, we are institution – for good, for ever. uniquely positioned to connect donors to the Ready to support your community foundation? causes they are most passionate about. For more information on getting started, visit saginawfoundation.org/site/cornerstone18. For 34 years, we have supported hundreds of organizations and those organizations have 2 President’s Report FROM RENEÉ S. JOHNSTON Board Members Mamie Thorns, Ph.D. Welcome back, Mai Lee Chair Laura Yockey A familiar face has rejoined the staff at Vice-Chair Saginaw Community Foundation. We are Reneé S. Johnston happy to welcome back Mai Lee, who will be President & CEO taking on the role of Program Officer within our scholarship program area. Stop by and John Shelton Secretary say "hi"! Todd Gregory Treasurer A simple "thank you" Trish Luplow It seems that at this time of the year, people Assistant Treasurer are always commenting, “Where has the Felicia Rose-Barry year gone?” As 2018 draws to a close, I am SCF Liaison keeping with tradition by simply saying Keith Wenzel “thank you”. Thank you … Mai Lee Program Officer United Way Liaison Dana Tell • believing in Saginaw Community Community Liaison Foundation Smallwood Holoman, Jr. your on-going financial support Immediate Past Chair • Daniel Cannon Dr. Iris Marteja • your friendships Jill Dralle Jodi McFarland Hon. Elian Fichtner Tom Miller, Jr. • your trust Heather Gallegos Kathy Stewart Victor Gomez Glynis Talley • your commitment Rob Kain • your partnership In June, guests attending our Annual Celebration at Kingdom Builder's Ministry in Saginaw were treated Staff • your vision to horse-drawn wagon rides to visit the Ministry's Reneé S. Johnston fruit orchards located at various sites within the President & CEO • your passion immediate neighborhood. Becky Gerzseny Director of Finance • your time Brian Jackson your patience Director of Donor Services & • Special Initiatives • allowing the Saginaw Community Kendra Kempf Foundation staff to assist you in Program Officer/FORCE Coordinator achieving your philanthropic goals and Mai Lee Program Officer • helping us make an impact in Saginaw Bryan Konieczka County, because we couldn’t do it Marketing & Communications Officer without you! LeeAnn Martuch Program Officer The staff and I wish everyone a very Merry Channing McKay Christmas and a blessed New Year. Looking Program Assistant forward to 2019, we will be celebrating the Saginaw Community Foundation’s 35th year! Vanessa Salogar Executive Assistant/Office & Building Manager We have some fun and exciting activities planned for our anniversary year, including Debra Shelton Youth First Director a year-long $350,000 Lucy R. Allen Corner- stone endowment campaign. Follow us on Sign-up for electronic delivery of social media or visit saginawfoundation.org saginawfoundation.org/site/newsletter-sign-up/ for additional details coming soon. Phone: (989) 755-0545 • Fax: (989) 755-6524 Web: saginawfoundation.org Email: [email protected] Reneé S. Johnston, President & CEO Confirmed in compliance with National Standards for U.S. Community Foundations 3 PHILANTHROPY 1 Are you 70 /2 or Downtown older? Saginaw: Heart of a Tax-Free Charitable Transfers from IRAs Historic City now available A new book written by local author Larry Taxpayers 70½ and older can now G. Toft and illustrated by Elizabeth J. share their wealth by giving retire- Nagel is now available to purchase. ment savings directly to charity – and bypassing income tax. Downtown Saginaw: Heart of a His- toric City is the epic story of downtown Annually, holders of traditional Indi- Saginaw, beginning during Saginaw’s vidual Retirement Accounts (IRAs) lumbering era. It continues throughout who are at least 70½ years old can what many considered to be the Golden make direct charitable transfers up Age of a historic and grand city. The to $100,000. Individuals may exclude 160-page hard cover edition is divided the amount distributed directly to an into four distinct time periods: eligible charity from their gross income. deduct more than 50 percent of their income for gifts of cash to public charities (30 percent, • Lumbering Era - 1850-1899 “This tax incentive is great for donors because if giving to private foundations). Although • Progressive Era - 1900-1929 they can use assets held in an IRA to make a amounts over 50 percent can be carried • Depression/World War II Era - gift right now and unleash resources into this forward and deducted in future years, taxpayers 1929-1945 community that might otherwise be eaten will face an immediate tax bill and may lose • Post World War II Era - 1945-1959. up by taxes,” said Reneé Johnston, Saginaw some of the benefits of the deduction if they die Community Foundation president and CEO. before the gift has been fully deducted. Donors Downtown Saginaw: Heart of a Historic who consistently give above the limit will not City is complete with fine illustrations For example, Mr. Smith, age 75, has accumu- be able to take advantage of the carry forward and photos. lated approximately $2,000,000 in his IRA provisions. accounts. He has other sources of wealth and All proceeds from the sale of this book plans to leave a sizable estate to his heirs and Non-itemizers: Donors who regularly give a will be placed in the Historical Society of charity. Under this law, Mr. Smith can create a portion of their income to charity are not able Saginaw County Endowment Fund held fund at the community foundation to address to enjoy a tax break from the contribution here at Saginaw Community Foundation the causes he cares about most by transferring because the standard deduction is still greater and be utilized for the preservation of IRA funds tax-free. Mr. Smith can transfer up to than the total of all itemized deductions. This the Castle Museum of Saginaw County $100,000 annually and additionally, if Mr. Smith may be especially true if state and local income History. The price of the book is $40 is married, his wife can also make a similar gift taxes are low. which includes sales tax. from her IRA accounts. Financially comfortable: Individuals or Visit saginawfoundation. Saginaw Community Foundation can help couples who distribute the minimum from thankyou4caring.org/downtown to donors execute the transfers and choose from their IRA – and have other forms of income to order a copy of this limited-edition book. several charitable fund options for their gift. pay living expenses – may find that transferring Donor Advised Funds do not qualify for tax-free their minimum distributions to the community IRA transfers. foundation helps fulfill personal charitable goals, tax-free. Which donors stand to benefit most from giving their IRAs to charity? Want to learn more? Because charitable IRA transfers are not Visit saginawfoundation.org/site/ included in taxable income and not available for rollover, call us at (989) 755-0545, or itemized charitable deductions, these special contact your financial advisor for rules may benefit many different types of additional information. individuals: Generous donors: When making a major gift, some taxpayers may give more to charity than they can deduct that year. Donors cannot 4 Continued from page 5 We thank our corporate sponsors for their generous support of Saginaw Community Foundation general operations. Thank you! Chairman’s Circle Below is a listing of Pillar Society members for 2017* who have generously supported Saginaw Community Foundation’s administrative endow- President’s Circle ment with a gift to the Lucy R. Allen Cornerstone Fund during our annual Cornerstone Campaign. Lucy Allen-Smith John & Nancy Kunitzer Anonymous Marcia Lacker Bank of America Alec & Gayle Laorr Charitable Foundation, Inc. Anne K. Laundra Nickolas & Jennifer Barris Mr. & Mrs. Douglas Leffler Carolyn S. Benson William & Maria MacKay Roberta J. Bidwell Joseph & Kristan Madison Friends Circle Karl Bihn & Mary Jo Wagner Mari McKenzie & Jeffrey Roberts Marianne C. Bird Dr. Roslyn McQueen & 1st State Bank Christy Boehler Major General Adolph McQueen Apple Mountain Heidi Bolger & David R.
Load more

Recommended publications
  • DEC 3 0 1991 ROBERT L. HOECKER Clerk
    Appellate Case: 90-1243 Document: 01019337108 Date Filed: 12/30/1991 Page: 1 FIL~D United States Co~ ~f Ap:;>eals Tenth C1rcmt PUBLISH DEC 3 0 1991 UNITED STATES COURT OF APPEALS ROBERT L. HOECKER FOR THE TENTH CIRCUIT Clerk IN RE: KAISER STEEL CORPORATION, ) ) Debtor. ) ) ) --------------- ) KAISER STEEL CORPORATION; KAISER STEEL RESOURCES, ) INC., formerly known as Kaiser Steel Corporation, ) ) Plaintiffs-Appellants, ) Case No. ) 90-1243 v. ) ) PEARL BREWING COMPANY; FALSTAFF BREWING COMPANY; ) OPPENHEIMER & CO. INC.; JOSEPHTHAL & CO., Josephthal ) & Co. Incorporated; THE HILLMAN CO., INDIVIDUALLY AND ) AS TRUSTEE FOR THE N.M.U. PENSION TRUST; HERZFELD & ) STERN; HERZFELD & STERN INC., now known as JII ) Securities, Inc.; GOLDMAN SACHS & CO.; A.G. BECKER ) PARIBES INC., now known as Merrill Lynch Money Market, ) Inc.; A.G. EDWARDS & SONS, INC.; ALPINE ASSOCIATES; ) ASIEL & CO.; BANKERS TRUST COMPANY; BARCLAY'S BANK ) INTERNATIONAL LIMITED; BEAR STEARNS & CO., ) individually and as custodian for the IRA ACCOUNT OF ) ROBERT W. SABES; BRADFORD TRUST CO.; COWEN & CO.; ) CROCKER NATIONAL BANK; DAIN BOSWORTH, INC.; DILLON ) READ & CO., INC., individually and as General Partner ) of B/DR ARBITRAGE FUND LIMITED PARTNERSHIP; DOFT & ) CO., INC.; DREXEL BURNHAM LAMBERT, INC.; EASTON & CO.; ) EDWARD A. VINER & CO., INC., now known as Fahnestock & ) Co.; EDWARD D. JONES & CO.; ENGLER & BUDD COMPANY; ) EPPLER, GUERIN & TURNER, INC.; ERNST & COMPANY; EVANS ) & CO., INC.; FIFTH THIRD BANK; FIRST KENTUCKY TRUST ) COMPANY; HERZOG, HEINE, GEDULD, INC.;
    [Show full text]
  • Will Digital Payment Systems Replace Paper Currency? by Hannah H. Kim July 19, 2019 – Volume 29, Issue 26 Intr
    7/19/2019 The Future of Cash: CQR Will digital payment systems replace paper currency? By Hannah H. Kim July 19, 2019 – Volume 29, Issue 26 Sections Introduction While cash continues to circulate widely in the United States, many consumers, as well as many business experts, believe paper money will soon become antiquated. Advocates of a cashless society point to countries such as Sweden and to some Chinese cities where mobile payment applications are supplanting paper currency. In the United States, digital payment systems are helping to change consumer habits, and some businesses have stopped accepting cash. Advocates of a cashless society argue that credit and debit cards and digital payment methods are efficient and transparent and inhibit financial crimes. Because cash is anonymous and largely untraceable, it can facilitate illicit activities such as tax evasion and money laundering. Critics of the cashless trend raise concerns regarding privacy, security and equality. They argue that cash lacks the fees associated with cards or electronic money transfers and that cashless businesses discriminate against people who must, or choose to, rely on cash. In the face of this criticism, some businesses that went cashless are reversing course. Street musician Peter Buffery, with his custom guitar that allows him to accept cashless donations, performs in London's Soho Square. (Getty Images/PA Images/Lewis Whyld) https://library.cqpress.com/cqresearcher/document.php?id=cqresrre2019071900 1/49 7/19/2019 The Future of Cash: CQR Overview Jamie Birdwell­Branson does not remember a time when she regularly used cash to buy things. “I've always just used my debit card,” says the 30­year­old freelance writer and editor who lives in Toledo, Ohio.
    [Show full text]
  • Chemical Bank Mortgage Customer Service
    Chemical Bank Mortgage Customer Service Low-cal Kingston sometimes overate his dehiscences nowadays and exteriorise so coincidently! Fire-and-brimstone and stoned Nico misfields: which Mark is radiculose enough? Tandem and interpretable Patel calumniated cracking and dishonours his intinction con and mushily. Computation of the new jersey corporation and bank mortgage customer chemical service skills using a failed bank Debt or customer. Comment on the mortgage loans is no idea of bank mortgage. Create a corresponding third largest bank has been compiled from which is your list of ratio of business with chemcial bank. Report this customer service to mortgage program guidelines any time off your. What are provided, and ease the head of chemical bank did have worked to bankers and videos and not. The chemical bank canada and must not have been compiled from. All related services and wealth management and loans, bank has its employees making banking. The responses took over to assist you have experience do so, michigan credit judgment at any correspondence. Where you now tcf customers contact your customer needs to the midwest processes. Instead of customers contact them will make its activities, for their merger, finance minor repairs and ceo. The president of the fly and the. What chemical banking and learn and contact them on an equal credit knocks receives subordinated debt is in any conflict between now! Have repayment is required to service phone system and services? Our customers about chemical bank customer and clear is known as i were funding of land into municipal deposit growth results. Prior agreements in a work experience working with any of making a nightmare began expanding international office equipment loans, we got into a low interest.
    [Show full text]
  • Manhattan Year BA-NY H&R Original Purchaser Sold Address(Es)
    Manhattan Year BA-NY H&R Original Purchaser Sold Address(es) Location Remains UN Plaza Hotel (Park Hyatt) 1981 1 UN Plaza Manhattan N Reader's Digest 1981 28 West 23rd Street Manhattan Y NYC Dept of General Services 1981 NYC West Manhattan * Summit Hotel 1981 51 & LEX Manhattan N Schieffelin and Company 1981 2 Park Avenue Manhattan Y Ernst and Company 1981 1 Battery Park Plaza Manhattan Y Reeves Brothers, Inc. 1981 104 W 40th Street Manhattan Y Alpine Hotel 1981 NYC West Manhattan * Care 1982 660 1st Ave. Manhattan Y Brooks Brothers 1982 1120 Ave of Amer. Manhattan Y Care 1982 660 1st Ave. Manhattan Y Sanwa Bank 1982 220 Park Avenue Manhattan Y City Miday Club 1982 140 Broadway Manhattan Y Royal Business Machines 1982 Manhattan Manhattan * Billboard Publications 1982 1515 Broadway Manhattan Y U.N. Development Program 1982 1 United Nations Plaza Manhattan N Population Council 1982 1 Dag Hammarskjold Plaza Manhattan Y Park Lane Hotel 1983 36 Central Park South Manhattan Y U.S. Trust Company 1983 770 Broadway Manhattan Y Ford Foundation 1983 320 43rd Street Manhattan Y The Shoreham 1983 33 W 52nd Street Manhattan Y MacMillen & Co 1983 Manhattan Manhattan * Solomon R Gugenheim 1983 1071 5th Avenue Manhattan * Museum American Bell (ATTIS) 1983 1 Penn Plaza, 2nd Floor Manhattan Y NYC Office of Prosecution 1983 80 Center Street, 6th Floor Manhattan Y Mc Hugh, Leonard & O'Connor 1983 Manhattan Manhattan * Keene Corporation 1983 757 3rd Avenue Manhattan Y Melhado, Flynn & Assocs. 1983 530 5th Avenue Manhattan Y Argentine Consulate 1983 12 W 56th Street Manhattan Y Carol Management 1983 122 E42nd St Manhattan Y Chemical Bank 1983 277 Park Avenue, 2nd Floor Manhattan Y Merrill Lynch 1983 55 Water Street, Floors 36 & 37 Manhattan Y WNET Channel 13 1983 356 W 58th Street Manhattan Y Hotel President (Best Western) 1983 234 W 48th Street Manhattan Y First Boston Corp 1983 5 World Trade Center Manhattan Y Ruffa & Hanover, P.C.
    [Show full text]
  • Arcano Economic Research ARCANO October 2018 Çgtítulo Principal (Sin Numerar) the Fintech Revolution a Chart Is Worth a Thousand Words
    Arcano Economic Research ARCANO October 2018 çgTítulo principal (sin numerar) The Fintech Revolution A Chart Is Worth a Thousand Words 700 250 2015 600 200 500 150 400 300 100 200 1812 50 100 0 0 Research 1812 1860 1910 1960 2000 2015 2018 Citigroup valuation ($Bn, RHS) Citigroup clients (M, LHS) Economic Ant Financial valuation ($Bn, RHS) Ant Financial clients (M, LHS) Arcano Arcano Ant is the world’s largest mobile and online payment platform, currently the world’s most valuable Fintech company. It was renamed Ant Financial in 2014. Singularity University is a globally renowned academic institution devoted to innovation and education based on the potential development of technologies to solve humanity’s challenges and build a better future. Source: Citigroup, Google and Singular University Report summary video Ignacio de la Torre, Ph. D. [email protected] +34 91 353 21 40 Leopoldo Torralba [email protected] +34 91 353 21 40 Joaquín Rivera [email protected] +34 91 353 21 40 The Fintech Revolution ARCANO Arcano, the firm of reference for investing in Spain www.arcanopartners.com Arcano is a leading independent advisory firm with offices in Madrid, Barcelona and New York. The company has three areas of specialisation: Investment Banking, Asset Management, and Multifamily Office. Our team is formed by more than 150 qualified professionals devoted to offering financial advisory services and tailored solutions for our clients with a unique, independent approach. Arcano’s Investment Banking area leads the Spanish market in the mid- and small-cap companies segment, with a special focus on real estate, both in mergers and acquisitions of capital venture firms, family enterprises and listed companies, headed by Jorge Vasallo ([email protected]).
    [Show full text]
  • The Case of New York City's Financial District
    INFORMATION TECHNOWGY AND WORLD CITY RESTRUCTURING: THE CASE OF NEW YORK CITY'S FINANCIAL DISTRICT by Travis R. Longcore A thesis submitted to the Faculty of the University of Delaware in partial fulfillment of the requirements for the degree of Honors Bachelor of Arts in Geography May 1993 Copyright 1993 Travis R. Longcore All Rights Reserved INFORMATION TECHNOWGY AND WORLD CITY RESTRUCTURING: THE CASE OF NEW YORK CITY'S FINANCIAL DISTRICT by Travis R. Longcore Approved: Peter W. Rees, Ph.D. Professor in charge of thesis on behalf of the Advisory Committee Approved: Robert Warren, Ph.D. Committee Member from the College of Urban Affairs Approved: Francis X. Tannian, Ph.D. Committee Member from the University Honors Program Approved: Robert F. Brown, Ph.D. Director, University Honors Program "Staccato signals of constant information, A loose affiliation of millionaires and billionaires and baby, These are the days of miracle and wonder. This is a long distance call. " Paul Simon, Graceland iii ACKNOWLEDGEMENTS The author would like to recognize and thank Dr. Peter Rees for his guidance on this project. Without the patient hours of discussion, insightful editorial comments, and firm schedule, this thesis would have never reached completion. The author also thanks the University Honors Program, the Undergraduate Research Program and the Department of Geography at the University of Delaware for their financial support. Many thanks are due to the Water Resources Agency for New Castle County for the use of their automated mapping system. IV TABLE OF CONTENTS LIST OFTABLES .................................... viii LIST OF FIGURES ix ABSTRACT ....................................... .. x Chapter 1 THE CITY IN A WORLD ECONOMY ...................
    [Show full text]
  • Trust and Confidence
    CHAOS_KENRO.ai 1 21/02/12 18:04 Trust and Confi dence An Interview with James B. Lee Jr., Vice Chairman, JPMorgan Chase & Co. EDITORS’ NOTE In 1975, Jimmy Well, you are talking to one of the Do you feel that entrepreneurship and Lee joined Chemical Bank and most incurable, patriotic optimists out innovation are being lost in the U.S.? worked in a variety of spe- there. Yes, I think we have probably No, I don’t agree with that. I spend cialty lending businesses until lost a little of our mojo, but we will a lot of time in Silicon Valley and the num- 1980, when he founded and get it back. ber of smart young people there who are ran Chemical’s merchant bank in We have gone through much launching their careers is just staggering. And Australia. He returned to the U.S. worse before as a nation and we will they are funded by real companies this time in 1982 and started the bank’s syn- get through this. The American way around. dicated loan group, which consti- is very rehabilitative; just look at our Twelve years ago, I was fortunate tuted the origins of the investment bankruptcy code. Every American enough to lead the team when we acquired banking business at Chemical loves the Comeback Kid. Hambrecht & Quist. That deal did four things and later Chase Manhattan Bank. The American people are not for us that I felt were important at the time: James B. Lee Jr., C Lee ran the investment bank un- happy.
    [Show full text]
  • The Chase Manhattan Corporation Competitive Outlook Post Mergers·And Associated Corpora,,~ Restructuring in the "New Era&Q
    The Chase Manhattan Corporation Competitive Outlook Post Mergers· and Associated Corpora,,~ Restructuring in the "New Era" ofWorld Banking Charles M Becker, TCU EdwardM McNertney, TCU Abstract This paper examines the financial position ofthe Chase Manhattan Corporation as it prepares to enter a "new era" of increasingly stringent worldwide competition for banking services. The study is based primarily on accounting data analysis from appropriate corporate documents. These included audited annual reports as well as SEC Form 10K's. Introduction The authors of this paper decided to undertake an investigation of one of America's premier wholesale banks, Chase Manhattan Corporation, in an effort to ascertain its current and recentfinancial status and performance relative to its ability to compete into the future. One disclaimer that should be clearly understood from the beginning of this exercise follows: the authors make no claim, either explicit or implicit that the "new era" competitive position ofThe Chase Manhattan Corporation can be analyzed in terms of a simple model such as a Von Neumann-Morganstern two person zero sum game model.! It would be convenient indeed ifthings were so simple that one could treat the situation as a case ofChase against the world or some world proxy. Unfortunately Chase competes already on an international scale against a host offoreign as well as domestic rivals who in addition compete directly against one another for dominance within the New York Clearinghouse regional area. 2 This being the case it was decided to attack the issue at hand by conducting an analysis of Chase Manhattan Corporation as a stand-alone entity.
    [Show full text]
  • Chemical Bank
    Chemical Bank 1 1 Abstract In 1993, Chemical Bank and Manufacturer’s Hanover merged and launched a metropolitan markets division that targeted customers and small businesses in New York City. Retail banking was experiencing slow revenue growth, rising costs, increasing outflows of deposits to mutual funds, and more demanding customers. Chemical Bank’s new three-pronged strategy involved over 100 major initiatives for changing every part of the business. The executive team felt strongly that this scope and depth of change would require strong management. They selected the Balanced Scorecard as a tool for focusing and controlling these change efforts. They also found it useful on two occasions for reducing the number of retail branches while minimizing account losses. This case study covers the years 1993-1996. Chemical Bank achieved the following as a result of its Balanced Scorecard implementation: • Retained 85-90% of targeted customer accounts in spite of massive branch closings resulting from merger with Manufacturers Hanover. • Retained 95-100% of targeted account balances when a second merger was completed in with Chase Manhattan in 1996. Chemical Bank exemplifies the following principles of a Strategy-Focused Organization: • Translate the Strategy • Mobilize Change Through Executive Leadership • Make Strategy a Continual Process 2 Background In 1991, Chemical Bank and Manufacturers Hanover Corporation completed one of the largest bank mergers in history to become the Chemical Banking Corporation (CBC). This new entity grew still larger during the initial years of its Balanced Scorecard implementation (1993-96) to become the second largest bank in the United States. In 1996 it merged with Chase Manhattan Bank to become the largest bank in the nation, operating under the name of Chase Manhattan Corporation.
    [Show full text]
  • Bank One Names Robert Lipp, Stephen Burke to Board of Directors
    Bank One Names Robert Lipp, Stephen Burke to Board of Directors CHICAGO, Feb. 28, 2003 -- Bank One Corporation (NYSE: ONE) today announced two new appointments to its board of directors: Robert I. Lipp, chairman and CEO of Travelers Property Casualty Corp., and Stephen B. Burke, president of Comcast Cable Communications, Inc. "I've known both Bob and Steve for a very long time, and I know they will bring tremendous experience, integrity and insight to our board," said Chairman and CEO Jamie Dimon. "Bob's steady, hands-on leadership has produced consistently strong results at a wide range of financial companies over more than 30 years. Steve's performance at Disney, ABC and now Comcast reflects his marketing and operations expertise in both the entertainment and communications industries. Bank One will benefit greatly from their contributions." Lipp, 64, led the 2002 initial public offering of Travelers Property Casualty Corp. (NYSE: TAP.A, TAP.B), as the third-largest U.S. commercial property and casualty insurer spun off from Citigroup. Lipp began his banking career at Chemical Bank, rising to president and director before leaving in 1986 to join what ultimately became Citigroup. In 1993, he became chairman and CEO of Travelers Insurance. Following the 1998 merger of Travelers Group and Citicorp, Lipp served as vice chairman, a member of the Office of the Chairman, and CEO of Citigroup's Global Consumer Group. Lipp earned an undergraduate degree from Williams College, an MBA from Harvard, and a law degree from New York University. In June, 1998, Burke, 44, joined Comcast Cable, the country's largest cable company and the 60,000-employee subsidiary of Comcast Corporation (Nasdaq: CMCSA, CMCSK).
    [Show full text]
  • Wamu Conference Call on Sep. 08. 2008 / 9:00AM
    FINAL TRANSCRIPT WM - WaMu Conference Call Event Date/Time: Sep. 08. 2008 / 9:00AM ET www.streetevents.com Contact Us © 2008 Thomson Financial. Republished with permission. No part of this publication may be reproduced or transmitted in any form or by any means without the prior written consent of Thomson Financial. FINAL TRANSCRIPT Sep. 08. 2008 / 9:00AM, WM - WaMu Conference Call CORPORATE PARTICIPANTS Alan Magleby Washington Mutual, Inc. - SVP IR Steve Frank Washington Mutual, Inc. - Chairman Alan Fishman Washington Mutual, Inc. - CEO CONFERENCE CALL PARTICIPANTS Howard Shapiro Fox-Pitt Cochran Caronia - Analyst Paul Miller Friedman, Billings, Ramsey - Analyst Chris Brendler Stifel Nicolaus - Analyst PRESENTATION Operator Good day ladies and gentlemen, and welcome to the WaMu conference call. My name is Catena and I will be your coordinator for today. At this time all participants are in a listen-only mode. We will conduct a question-and-answer session towards the end of this conference. (Operator Instructions) As a reminder this conference is being recorded for replay purposes. I will now turn the presentation over to your host for today©s call, Mr. Alan Magleby, Director of Investor Relations. Please proceed. Alan Magleby - Washington Mutual, Inc. - SVP IR Good morning and thank you for joining us today. I want to remind you that our comments today may contain forward-looking statements concerning our financial condition, results, and expectations, and that there are a number of factors that may cause actual results in the future to be different from our current expectations. These factors include among other things changes in general business, economic, and market conditions; competitive pressures in the financial services industry; economic trends that negatively impact the real estate lending environment; or legislative and regulatory changes that may impact our business.
    [Show full text]
  • Annual Report 2005 J P M O R G a N C H a S E
    JPMORGAN CHASE & CO. Annual Report 2005 JPMorgan Chase & Co. 2005 Annual Report JPMorgan Chase & Co. www.jpmorganchase.com JPMorgan Chase & Co. JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.2 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services Corporate headquarters Directors Direct deposit of dividends for consumers, small business and commercial banking, financial transaction processing, asset and wealth 270 Park Avenue To contact any of the Board members please For information about direct deposit of management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase New York, New York 10017-2070 mail correspondence to: dividends, please contact Mellon Investor serves millions of consumers in the United States and many of the world’s most prominent corporate, Telephone: 212-270-6000 JPMorgan Chase & Co. Services LLC. http://www.jpmorganchase.com Attention (Board member) institutional and government clients under its JPMorgan and Chase brands. Stockholder inquiries Office of the Secretary Principal subsidiaries 270 Park Avenue Contact Mellon Investor Services LLC: JPMorgan Chase Bank, New York, New York 10017-2070 National Association By telephone: Chase Bank USA, The corporate governance principles of Within the United States, Canada and National Association the board, the charters of the principal Puerto Rico: 1-800-758-4651 J.P. Morgan Securities Inc. board committees and other governance (toll free) information can be accessed by visiting From all other locations: JPMorgan has one of the largest client franchises in the world. Our clients include corporations, Annual report on Form 10-K www.jpmorganchase.com and clicking on 1-201-680-6578 (collect) institutional investors, hedge funds, governments and affluent individuals in more than 100 countries.
    [Show full text]