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Investors

Secretary Of State Orders Unlicensed Broker To Stop Offering Unregistered Investments

CARSON CITY – The securities administrator for Secretary of State Ross Miller is ordering a Las Vegas man to immediately stop selling or offering to sell unregistered securities until both he and the securities are legally licensed and registered with the state.
Leonard Benson and the Leonard Benson Company, which uses a mail drop address on West Sahara, was offering investments in “The Leonard Benson Private Gaming Fund” through the mail and through a website Benson operated. Benson’s website also offered courses in gambling strategy.

Investing in Gold: Sales tax for coins and bullion is a sore spot

Sales tax on coins and bullion in Nevada has been a sore spot for many dealers, collectors, and investors. Every state in the West, except Nevada, has exempted rare coins and bullion from sales tax...

President Obama Touts Renewable Energy In Reno Visit

By Andrew Doughman
RENO – President Barack Obama highlighted Nevada’s renewable energy sector today with a visit to the heat-to-energy company ElectraTherm, in northern Nevada.
In front of a backdrop of “green machines” Obama touted plans to end $4 billion in subsidies for oil companies in favor of providing incentives for renewable energy companies.

Greater Nevada Mortgage Services Promotes Nick Serrano to Vice President of Sales

Greater Nevada Mortgage Services (GNMS) has promoted Nick Serrano to Vice President of Sales. His responsibilities will include managing the sales production of mortgage consultants throughout northern Nevada and helping to guide the company’s strategic vision.

Gov. Sandoval featured at joint Carson City Chamber, NNDA breakfast

The Northern Nevada Development Authority and the Carson City Chamber Commerce will host a joint breakfast with Gov. Brian Sandoval at the Carson Nugget on April 27 from 7 to 9 a.m.
Join NNDA, the Chamber and Gov. Sandoval for breakfast where he will address economic challenges as well as legislative issues facing the state.

Former Colonial Bank Mortgage Lending Supervisor Pleads Guilty to Fraud Scheme

(U.S. Department of Justice Press Release)
WASHINGTON – Teresa Kelly, a former operations supervisor in Colonial Bank’s Mortgage Warehouse Lending Division (MWLD), pleaded guilty today to conspiring to commit bank, wire and securities fraud for her role in a fraud scheme that contributed to the failures of Colonial Bank and Taylor, Bean & Whitaker (TBW).

Colonial Bank had a branch on Stewart Street in Carson City, that now sits vacant.

People Denied Health Insurance For Pre-Existing Conditions Have New Option

By Andrew Dougman / Nevada News Bureau
CARSON CITY – Nevadans denied health insurance for pre-existing conditions are now guaranteed coverage via a federally funded health insurance program.
In the past, it’s been either costly or impossible to find coverage if someone has a health condition requiring frequent or expensive treatment.

Board of Regents Chairman Calls For Tax Increases

By Andrew Doughman / Nevada News Bureau
A prominent education official has called for tax increases to offset the proposed higher education budget cuts in Gov. Brian Sandoval’s budget.

Nevada Fares Well Among States In Moody’s Report On Public Employee Pension Debt

By Sean Whaley / Nevada News Bureau
CARSON CITY – Nevada fares well among the states in a new report that includes unfunded public pension liabilities as part of overall state debt.

State worker launches budget deficit plan, issues challenge to economists

Carl Kuhl, a state Parole and Probation employee of six years, has created a plan that he claims will eliminate Nevada's budget deficit within two years.

In a news release issued on Tuesday, Kuhl said his plan not only will reduce the budget deficit but also help repair Nevada's economy at the same time. It is a pretty big claim, he admits, coming from an Accounting Assistant I, an entry level position.

Nevada State Treasurer Completes Bond Sale At Low Interest Rate

By Nevada News Bureau
CARSON CITY – State Treasurer Kate Marshall announced today that despite the current volatile treasury market, her office has successfully completed the sale of five series of general obligation bonds totaling $161.3 million at an average interest cost of 3.6 percent, one of the lowest interest rates the state has ever received.

Nevada Retains High Credit Rating from All Three Major Rating Agencies

By Nevada News Bureau staff
CARSON CITY – Nevada State Treasurer Kate Marshall announced today that the state has maintained its high credit rating after discussions last month with each of the three major rating agencies.

Energy and industry topics at NNDA breakfast

A breakfast Thursday morning hosted by the Northern Nevada Development Authority will feature a panel of experts who will discuss the business of energy, industry and innovation.
The meeting will be held at the Carson Nugget. Doors open at 7 a.m. with breakfast at 7:30 a.m. The cost is $20 for NNDA investors with reservations and $35 for guests or at the door. Questions, contact NNDA at (775) 883-4413.

With the focus on business development, the discussion will focus on ways to make the region innovative and profitable.

The panel includes:

Nevada Treasurer's Office Announces Fee Reduction For College Savings Program

By Nevada News Bureau staff
CARSON CITY – Nevada Treasurer Kate Marshall announced today that one of the major college savings plans programs administered by her office has agreed to cut its fees to account owners by more than 40 percent.

State Attorney General Defends Record, Denies Playing Politics Under Fire from Opponents

CARSON CITY – Catherine Cortez Masto points to a number of accomplishments in her first term as attorney general, from reducing methamphetamine production in Nevada to cracking down on mortgage fraud, all while having to live with major budget cuts and fewer staff.

Former Employees Still Owed Pay From Well-Connected Las Vegas Gaming Company

CARSON CITY – Half a dozen former employees of a Las Vegas-based gaming company laid off last year say they are still owed about $500,000 in severance pay and other compensation even as the firm continues to receive financial support from high profile investors, including the brother of President Obama’s chief of staff.
One of the former TableMAX Gaming employees, Tyson Wrensch, said efforts to contact current company officials to resolve the compensation issue have not produced any results so far.

Greater Nevada Mortgage Services honored with Most Valuable Partner award

Greater Nevada Mortgage Services received the highest award ever presented to a lender, the “Most Valuable Partner”, by the Nevada Rural Housing Authority at their recent board meeting.

Gov. Gibbons Announces Plans To Increase Use of Solar Energy By State of Nevada

CARSON CITY – Gov. Jim Gibbons today announced plans to dramatically increase the use of solar power by the State of Nevada.
Working through the State Energy Office, a request for proposals (RFP) is being put together to develop solar energy systems at multiple state agency sites. The idea is to place solar energy panels on state property, particularly on large state parking lots. Power from these solar energy panels would be used to provide low-cost energy to adjacent and nearby state buildings, resulting in significant savings to taxpayers.

Marketing analysis

Marketing analysis is a documented investigation of a Market that is used to inform a firm's planning activities particularly around decision of inventory, purchase, work force expansion/contraction, facility expansion, purchases of capital equipment, promotional activities, and many other aspects of a company.

Lake Tahoe to celebrate 21 years of celebrity golf at American Century Championship

LAKE TAHOE — The American Century Championship, the celebrity golf tournament at Lake Tahoe celebrates its 21 birthday, July 13-18. Michael Jordan, Charles Barkley, Tony Romo, Bode Miller, Troy Aikman, Jerry Rice, Don Cheadle, Mario Lemieux, Taylor Hicks are among the 80 sports and entertainment stars and Hall of Famers competing in the 54-hole, $600,000 tournament on NBC Sports.
 

Lt. Gov. Krolicki says Nevada Missed Out on Chance to Protect Tobacco Settlement Funds

CARSON CITY – Lt. Gov. Brian Krolicki says it is now clear the Nevada Legislature should have “securitized� the money the state was scheduled to receive as part of a settlement with the tobacco companies a decade ago to protect it from the current reality of lower than expected annual payments.

D'Vine Wine for sale

D'Vine Wine on Stewart Street is for sale, according to this Craigslist ad. The wine bar announced late last year they were closing, but the owners of the Carson Nugget bought the building they were in and offered them a lower-priced lease to stay in business.

Carson High culinary team wins

Carson High students were truly hot last night. The school took first place in culinary and management categories at the 8th Annual Nevada ProStart Invitational.

Gibbons Criticizes Sandoval on State Building Lease Back Proposal, Sandoval Says Gibbons Budget Plan Raises Taxes

By Sean Whaley | 3:38 pm February 19th, 2010

About Politicians, Barrel Clowns and Reasonable Expectations

Whowuddathunk? Miss Sarah, the charming storyteller and patron saint of the Tea Party, actually did get one thing right in her speech at the Tea Party convention last week.

Storytime with Miss Sarah

She started with the standard "I am so proud to be an American," paid respect with "happy birthday Ronald Reagan," and almost blew it with a lame "ice tea" joke.

Comment on City Supervisors turn down Silver State High School’s plans for new site at Goni and Old Hot Springs by sknight

Just to correct some points in the article: Steve Knight is not the owner but is the Executive DIrector/Superintendent/Principal of Silver State Schools, a 7-12 grade FREE PUBLIC Charter school.

NNDA announces advisory committee

Northern Nevada Development Authority is pleased to announce the founding members of the Regional Real Estate & Affiliates Advisory Committee.

Wealthy are no longer shut out from Roth IRAs

Wealthy are no longer shut out from Roth IRAs By William Creekbaum For the Nevada

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