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CA Retirement fund to buy 275 million stake in Silver Lake Partners

An announcement may come as soon as today, said the person, who declined to be named because the talks are secret. The stake is worth about $275 million, valuing Menlo Park, California-based Silver Lake at $2.75 billion, the New York Times reported earlier today, citing unidentified people briefed on the deal.

Calpers, which covers the benefits of more than 1.5 million Californian state and local government employees, has more than 400 private equity investments. Sacramento, California-based Calpers plans to reduce that number by concentrating assets in fewer fund managers.

The California Public Employees' Retirement System (CalPERS) provides pension fund, healthcare and other retirement services for approximately 1.5 million California public employees. As of October 2007, it owns $254.8 billion worth of stock, bonds, funds, private equity and real estate.


Bearettes second in Hunstville

HUNTSVILLE, Ala. The Bradley Central girls basketball Bearettes battled for four quarters with Alabamas best on Saturday, falling to top-ranked Bob Jones 44-34 in the championship of the Huntsville Times Classic at Bob Jones High School. bear

The Bearettes had to battle the Lady Patriots, a pro-Bob Jones crowd and some questionable officiating in the first half. Even so, the team led 11-9 after a quarter. Bob Jones, led by twins Kellie and Kylie Cook, took a 14-11 lead early, but Lacey Bolles tied the game with a 3 and the teams would draw even twice before the Lady Patriots' 6-0 run to end the quarter.

The Lady Patriots led 24-18 at the half, with 10 free throw attempts compared to the Bearettes' four. Point guard Kally Eldridge picked up her second foul at the 4:30 mark of the second quarter and her third nine seconds later forcing Bradley coach Bryan Glasner to dig into his bench sooner than he would have liked.


Wolff's vision: Goodbye foul popups

A couple things became clearer to me about Lew Wolff's Fremont vision at his Commonwealth Club speech last night. One is that Cisco Field, if and when built, won't resemble anything in MLB today. He thinks AT&T Park and its cousins are too big. He wants the intimacy of the smallest park in the majors (32,000 capacity) with ticket prices "a little bit less than the Giants" to produce a packed, loud house. "Our whole goal is to get the fan experience as close to the field as possible." It's a tempting vision that will encourage season ticket sales.

The tight quarters will eliminate part of the advantage the Coliseum gives the A's, the big foul territory that produces outs and helps keep the pitchers from wearing down. (The other part of the advantage is the Bay Area's cool summers).


San Diego Condos- NewCondosonline Helps Buyers Find Their Dream Homes

National Website Promotes New Construction in a Cooling Market. www.newcondosonline.com helps buyers in San Diego find new condos

San Diego, CA (PRWEB) October 2, 2006 -- (http://www.newcondosonline.com/san-diego-new-condos) The San Diego real estate market has been booming for many years now and builders continue to plan and break ground on new condo developments. As San Diego condos for sale begin to stay on the market for longer periods of time, builders continually assess current sales and marketing strategies to ensure their budgets are being spent as wisely as possible. Featuring new condo developments online has become on of the single most important and cost effective marketing tools today. Builders and marketing companies are turning to the Internet to not only save more dollars than they would with previously traditional methods such as print advertising, but to get more bang for their buck!

www.newcondosonline.com, a San Diego based national advertising website for condo developers, showcases close to 100 new condo developments in San Diego alone.


Zell Miller to visit Arkansas

Ol' Zell will fire'em up for bigotry like no one else.

Is the divorce rate 50%? If it is, whose fault is it? Gays? Nah. It's because of straight people, not because of gays. Gays can't even get involved. The only way letting gays marry could affect straight marriage is if straight people protested gay marriage by getting divorces.

I have to echo what someone else said. Conservatives can raise tent thumpin' hell about sex. And then give you all the particulars...gory details...etc. Beats anything I've ever seen. I'll lay wager GetReal and his ilk knows more in rumor than any gay man about what goes on in a gay bedroom. They hear it from their "straight" buddies. All the particulars...gory details.

Marriage is a legal institution, not a religious one.


Atomic Energy head resigns over isotope fallout

Ottawa — The head of Atomic Energy of Canada Ltd. quit Friday following the fiasco that shut down the Chalk River nuclear reactor and prompted a worldwide medical crisis. Prime Minister Stephen Harper accepted the resignation of AECL chairman Michael Burns, effective Dec. 31. .


Well, That's Done

I think it's a bad sales pitch. It avoids issues that concern fairly knowledgeable fans and it addresses some issues poorly. Let's hope Sabean is distracted by more important personnel issues and thus couldn't spend much time revising the thing.

Posted By: xootsuit | January 28 2008 at 04:40 PM

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the has-been

Will Republican candidates try to prove they're not the next George W. Bush by leaving open the possibility of being the next Neville Chamberlain?

In 2000, Bush invented compassionate conservatism to distance himself from Newt Gingrich. The GOP's challenge is even greater in 2008, but Thompson may have found the answer: appeasement conservatism. With a Republican Party that loses elections as gracefully as Willkie and loses wars as pre-emptively as Chamberlain, America will forget the Bush presidency ever happened. ... 1:54 P.M. (link)

Thursday, May 3, 2007

Animal Farm: As if the GOP needed any more bad omens, this week the Philadelphia Zoo became the latest to join a national trend—giving up on elephants. Now the press can start looking for the next sign of the Republican apocalypse: gun owners turning in their pickup trucks and riding donkeys to work.



 

 

 

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