Boston payments tech company Cayan acquired for $1B
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East Boston Savings Bank's 23rd annual employee auction raised $25,000 through the sale of employee- and vendor-donated items, including tickets to sporting events, restaurant gift certificates, homemade arts and crafts and toys. This year's auction chair was Paul Cheremka, assistant vice president of residential lending.
The proceeds were divided among four area charities: Crossroads Family Shelter in East Boston, East Boston Social Centers, Help for Abused Women and their Children (HAWC) in Salem and Haven from Hunger in Peabody.
"The auction is an event that our employees look forward to and take great pride in," said EBSB Chairman and CEO Richard J. Gavegnano. "We're proud of the role we play as a good neighbor in the communities we serve and our employees and vendors continue to be supportive of those efforts."
To the residents of East Boston, the faded townhouse on a working class block is just a house. But to Iran’s ruling regime, it is the epicenter of a foreign plot to overthrow its Islamic government.More on Gene Sharp from the Wall Street Journal.
The house belongs to Gene Sharp, an 81-year-old author whose books on the use of nonviolent methods to undermine authoritarian rule have been read by would-be revolutionaries all over the world.
In the wake of widespread protests in Iran after a disputed presidential election, a mass indictment accused more than 100 Iranian politicians and activists of following the instructions of Sharp, as well as spying for several other US academics. So far, about 80 of the accused have received prison sentences, while at least one has been sentenced to death.
The indictment, which appears to target Iranians with connections to the West, has led to soul-searching among some US scholars, some whom have curtailed communications with Iranian dissidents to avoid putting them in jeopardy. Others, like Sharp, see the charges as a badge of honor, and a sign that their arguments are hitting home. They have no intention of scaling back their activities.
“Verizon Wireless’ 3G network coverage across New England is unparalleled,” said director for Network System Performance for Verizon Wireless, Richard Enright. “We’ve invested billions of dollars into New England believing that even the most sophisticated cell phone is only as good as the network it runs on. Our continued aggressive network investments provide customers with a 3G network advantage at home and on vacation.”
Though respected for his ability to craft policy and pore over the city budget, "Joe's legacy really was working very hard for constituents," Flynn said.
"He was deeply committed to anyone who called on the phone," said Flynn, who knew Mr. Tierney since childhood, having grown up in a different South Boston neighborhood. "Anybody who called up, he'd go to bat for them and try to help them as best he could."
That was true for family members, too, said his son, Joseph, of Milton.
"He was just a phone call away for anything from a question about your house to advice on a relationship," he said. "Anything we needed, he'd help us get it."
Also, unlike those for whom law school and elective office are excuses to set aside a humble past, "the thing I remember as if it were yesterday is that Joe never forgot where he came from," said Larry DiCara, a lawyer with the Boston firm Nixon Peabody who was elected alongside Mr. Tierney in 1971, each to a first council term. "That came through time and time again."
East Boston coach John Sousa received the first of what he hopes are several nice retirement gifts: the Boston North title.Read the whole article.
Stanley Greene rushed for a pair of scores as the Jets (8-1) rolled to a 29-0 victory over Madison Park yesterday, clinching the North title. Brandon Amodeo added a 30-yard TD run, while Stephon Lockwood closed out the scoring when he returned an interception 66 yards for a score in the waning moments.
“It’s a nice feeling to win this in my final coaching season,” said Sousa. “We played one of the toughest schedules in East Boston history and the kids performed and got better as the season went on.”
"Once you put in a no-slaughter policy, you have to find a home and another life for the horses," he said. " than to be here as part of this therapeutic program."
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* Total loans increased by $74.7 million, or 10.5% from December 31, 2008.Richard J. Gavegnano, Chairman and Chief Executive Officer of the Company, noted that, "The Bank continues to see great opportunities in lending and healthy growth in deposits. Yields on new loans remain stable, and the Bank's cost of funds has decreased sharply, enhancing net interest income. Our capital position is a source of stability for the Bank and provides us the ability to capture relationships from customers disaffected by larger institutions."
* Deposits increased by $125.2 million, or 15.7% from December 31, 2008.
* The net interest margin improved for the sixth consecutive quarter, increasing from 3.18% for the quarter ended June 30, 2009 to 3.35% for the quarter ended September 30, 2009.
* To increase the Bank's brand exposure in Suffolk County, the Company initiated a new strategic marketing campaign in September 2009, which is entitled "Hard Work" and highlights the Bank's community focus and commitment to hard work.
* In September 2009, the Bank hosted an open house at its newest branch in Medford, MA, bringing the number of locations to provide convenient customer service to 13.
Because Massachusetts could not come up with more money for transportation projects, as required by the federal government, 17 projects were eliminated in the Boston metropolitan area, including eight on the North Shore.
"We take no pleasure in the dramatic cutbacks included in the new Regional Transportation Plan,” said Marc Draisen, executive director of the Metropolitan Area Planning Council, “but they represent a realistic assessment of funds currently available and likely to be available in future years."