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Griego Mouthpieces Griego-Alessi 5A Small Bore
Griego Mouthpieces Griego-Alessi 5A, mouthpiece for small bore tenor trombone, cup depth: Shallow, cup diameter: Ø 26,02mm (1.0245"), throat: .262", small bore trombone shank, silver plated
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subset: commoncrawl


text:
Bodianus frenchii
|Scope: Global
Language: English
|Scientific Name:
|Bodianus frenchii (Klunzinger, 1879)
Common Name(s):
Cossyphus frenchii Klunzinger, 1880
|Taxonomic Notes:
|For taxonomic treatment see Gomon (2006). There is confusion with B. vulpinus in New Zealand and probably New South Wales in eastern Austailia.
|Red List Category & Criteria:
|Near Threatened ver 3.1
|Year Published:
|Date Assessed:
|Russell, B., Choat, H., Pollard, D. & Fairclough, D.
|Sadovy, Y. & Carpenter, K.E.
This species is long lived and relatively common. Major threats are capture in trawl and line fisheries, both commercial and recreational. Juveniles are occasionally taken by aquarium fish collectors (probably minor use). There is no detailed published information on its population characteristics. Given the life history traits of this species, it is very likely that the population has declined due to fishing activity, especially in Western Australia, where there are now bag limits of eight and 40 fishes per day. Over three generation lengths (60 years), it is estimated that the population has declined at least 20%, but is likely more. It is therefore it listed as Near Threatened. Better catch statistics are needed to determine the impact of fishing on this species population.
|Range Description:
|This species is restricted to the temperate waters of southern Australia, with confirmed records from east of Mooloolaba, Queensland, New South Wales and northeastern Tasmania in the east and between about Port Denison, Western Australia and the York Peninsula, South Australia in the west (Gomon 2006).
|Countries occurrence:
|FAO Marine Fishing Areas:
Indian Ocean – eastern; Pacific – southwest
|Additional data:
|Range Map:
|Click here to open the map viewer and explore range.
|This is a relatively common species. There is no specific population information. Although there is some fishing catch data for this species (Cossington et al. 2008), reliable data is relatively unavailable. This species is only abundant along the southern coast of Western Australia, but relatively rare on the western coast of Western Australia.
The population is estimated to have declined at least 20%, if not more, over the past 50 years due to fishing pressure (D. Pollard pers. comm. 2008).
|Current Population Trend:
|Additional data:
|Habitat and Ecology:
|This is a large species, reaching about 450 mm TL. It occurs on reefs at depths of 15-80 m. Scott (1962) reported the species (as L. vulpinus) to be reasonably common in somewhat deeper coastal waters off South Australia. In Western Australian waters, it frequents deeper coastal reefs with juveniles preferring ledges and adults venturing into more open areas (Gomon 2006). It is associated with macro-algae in shallower waters (J. Meeumig pers. comm. 2008).
It is a protogynous hermaphrodite, multiple spawner, spawns in late spring and summer. This species is very long lived, reaching ages of greater than 60 years (validated by marginal increment analysis, D. Fairclough pers. comm. 2008).
It is frequent on reefs from Perth to Esperance in Western Australia (Hutchins 2001) and occurs commonly on shallow reefs (< 18 m) at Jurien (D. Fairclough pers. comm. 2008 ).
|Generation Length (years):
|Use and Trade:
|This species is captured in trawl fisheries in New South Wales, and commercial and recreational line fishing in Western Austraila. It is also collected for the aquarium trade, has a high value (US$28.50-$35 per fish) but probably collected in small numbers (Ryan and Clarke 2005). It suffers barotrauma when caught in waters > 10 m (Fairclough pers. obs.)
|Major Threat(s):
|This species is captured in trawl fisheries throughout its range in New South Wales, and in commercial and recreational line fisheries in Western Austraila. It is also collected for the aquarium trade, and has a high value (US$ 28.50-$35 per fish) but is probably collected in small numbers (Ryan and Clarke 2005). It suffers barotrauma when caught in waters greater than 10 m (D. Fairclough pers. comm. 2008)
|Conservation Actions:
This species occurs on reefs within marine parks in Western and South Australia. There is no legal minimum size for retention of this species in Western Australia and, on the west coast of Australia, fishers are allowed to retain up to 40 fish per person per day (dependent on various other limitations). On the south coast of Western Australia, fishers are limited to a maximum of eight fish per person per day (D. Fairclough pers. comm. 2008).
These bag limits seem relatively high considering the life history parameters of this species, including its long generation time and longevity.
|Russell, B., Choat, H., Pollard, D. & Fairclough, D. 2010. Bodianus frenchii. The IUCN Red List of Threatened Species 2010: e.T187506A8553413. . Downloaded on 22 September 2018.
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|CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form S-4 on 04/30/1999
|Entire Document
<PAGE> 229 CCA GROUP NOTES TO COMBINED FINANCIAL STATEMENTS -- (CONTINUED) 16. ACCOUNTING STANDARD NOT YET IMPLEMENTED: In June 1998, the Financial Accounting Standards Board adopted SFAS No. 133, "Accounting for Derivative Instruments and Hedging Activities." SFAS No. 133 establishes accounting and reporting standards requiring that every derivative instrument (including certain derivative instruments embedded in other contracts) be recorded in the balance sheet as either an asset or liability measured at its fair value and that changes in the derivative's fair value be recognized currently in earnings unless specific hedge accounting criteria are met. Special accounting for qualifying hedges allows a derivative's gains and losses to offset related results on the hedged item in the income statement, and requires that a company must formally document, designate and assess the effectiveness of transactions that receive hedge accounting. SFAS No. 133 is effective for fiscal years beginning after June 15, 1999. The Company has not yet quantified the impacts of adopting SFAS No. 133 on its consolidated financial statements nor has it determined the timing or method of its adoption of SFAS No. 133. However, SFAS No. 133 could increase volatility in earnings (loss). F-74


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Semi-Final Games to be Played in the Bowls, Championship Game to be Played at Neutral Site
Washington, D.C. - The group of university presidents who oversee college football's Bowl Championship Series agreed today to launch a new four-team, seeded post-season playoff to determine the national collegiate champion. The new format will begin with the 2014-2015 season.
"We recognize that the BCS has been controversial in some years, but we also believe it has turned college football from a regional sport into a wonderfully popular national sport, much to the benefit of our alumni, student-athletes and fans," the twelve members of the BCS Presidential Oversight Committee said in a joint statement. "We now seek to build an even better college football season by creating a four-team playoff to crown the national champion, while protecting the regular season and the bowl experience. We're delighted to support this format and congratulate the group of conference commissioners who have done so much for college football and who worked so hard to make this happen."
The group of presidents also endorsed:
The POC also decided to:
Among additional matters to be decided later are the name of the new event; the composition of and procedures for the selection committee; the final funding formula; and which bowls will participate as rotating hosts of semi-final playoff games.
The decision is subject to passage of appropriate legislation by the NCAA Board of Directors to permit the two semifinal winners to play an additional post-season game.
"We are very pleased with this new arrangement," the presidents said. "College football's championship game is America's second most watched sporting event and we're proud to build on our successes as we grow the sport and hear the voices of everyone who loves college football."
Back to All News


text:
Most everyone has a "brick wall" (or two or 10, maybe) that can get in the way of fulfilling dreams and goals and living the life you want. I've been thinking about my own brick walls lately, thanks to one of the classes at the high school where I substitute teach. In this class we watched a video of Professor Randy Pausch's: "The Last Lecture: Really Achieving Your Childhood Dreams." If you haven't seen it yet, I highly recommend checking it out, as well as reading his book, also titled The Last Lecture. Pausch was such an intelligent, creative, passionate, and down-to-earth person, dedicated to helping others–especially his students. I'm a few years late discovering him and his lecture, but I'm so glad that I finally have.
I recently wrote a longer post on RheumatoidArthritis.net about Pausch's lecture as well as the struggles I've faced dealing with my own brick walls in life–such as living with RA.
You can read my post here: "Brick Walls & Childhood Dreams"
I hope you like it!
The Last Lecture links:
YouTube video of "The Last Lecture"
Randy Pausch's Carnegie Mellon page


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Pancreatic Diseases
Diseases of the pancreas require comprehensive care from a multidisciplinary team of experts. At the University of Chicago Medicine, our pancreatic disease care team is comprised of physicians from several specialties, including gastroenterology, interventional endoscopy, surgery, oncology, radiology, pathology, pain management and genetics, and extends to include highly trained nurses, genetic counselors and nutritionists. These specialists are recognized leaders in pancreatic disease care, and can offer diagnostic and treatment options that are not available at most hospitals.
For example, we're one of a handful of hospitals in the country to offer total pancreatectomy with islet cell autotransplantation (autologous islet cell transplantation), a procedure aimed at preventing diabetes or reducing its effects after removal of the pancreas due to pancreatitis. Our interventional endoscopy specialists can perform sophisticated minimally invasive procedures to provide a more thorough diagnosis of pancreatic cancer, chronic pancreatitis and other complex problems. Our surgical specialists offer treatment alternatives beyond traditional surgical approaches. These surgeons are experienced with minimally invasive procedures and duodenum-sparing and spleen-sparing pancreatic resections.
University of Chicago pancreatic disease specialists are experienced in diagnosing and treating all types of pancreatic conditions, including:
- Pancreatic cancer
- Endocrine tumors of the pancreas
- Pancreatic cysts and pseudocysts
- Acute pancreatitis
- Chronic pancreatitis
- Hereditary pancreatitis
- Unusual disorders, such as annular pancreas and rare tumors
- Pancreatic cysts and tumors caused by von Hippel-Lindau disease


text:
Here's a Quick Take before I start today's lesson:
Never use 'alot'. It's not a word, and it's one of the most common errors I see. If you mean 'to a great extent' or 'a large number', you want two words: a lot.
I like chocolate-covered bacon a lot. NOT I like chocolate-covered bacon alot.
A lot of people think I'm gorgeous. NOT Alot of people think I'm gorgeous.
How to remember this? Consider the opposite…you'd never write
I like chocolate-covered bacon alittle. OR Afew people think I'm gorgeous.
Would you?
Better still—'a lot' is an immature phrase--not your best writing. If you find yourself tempted to use it, think again. There's a better way to say it.
Now to the real lesson for this week: Beware of Adjectives and Adverbs.
Don't get me wrong—some of my best friends are adjectives and adverbs. But much as I like them, I get pretty tired of them after a while. Just a little description goes a long way. So I don't want anyone to say "Jan said I couldn't use adjectives and adverbs any more". Not true—but I'd like you to consider ways they're sometimes overused or misused, and to examine your own writing accordingly.
1. Avoid unnecessary or redundant adjectives and adverbs. There's no need to write about the "large white polar bear." If it's a polar bear, large and white are understood. Similarly, you needn't write that someone "whispered softly". There's no other way to whisper. Trimming these sorts of descriptors will make your writing tighter—and free up some words that you can apply to things like characterization or plot development.
2. Avoid lists of adjectives describing one thing. There's no reason to write about the "exquisite, colorful, awe-inspiring sunset". The sunset may have been all of those things, but you don't want to tire your reader out by describing it thus. Pick one adjective for the sunset and move on. If you must, you may use two adjectives (where one perfect adjective isn't available), but when you edit your rough draft, take the second one out.
3. Adverbs—in particular, -ly adverbs—can almost always be discarded in favor of a better, more specific verb. This goes back to last week's class on 'salsa' words: it's better to write "sneered" than "smiled cruelly" or "pounced" than "jumped sneakily". This goes double when you're writing dialog tags (about which I'll have a whole lesson at some point).
4. In general, people's eyes tend to glaze over when reading long descriptive passages. Most readers of fiction want dialog and action more than description. So unless the crocheted afghan on the green velvet couch and the flocked wallpaper and the fringed lampshade and the fire flickering invitingly in the fireplace are essential to your plot, skip the description. Or rather, include it in snippets here and there, in sentences that also include your characters and what they're doing or saying.
5. Finally, avoid using adjectives or adverbs that make your reader suspect that you've been hitting the thesaurus too hard.
Most of what I've written here applies particularly to the Writing Challenge, where you have only 750 words to tell a complete story. Trimming unnecessary modifiers is a great way to tighten up your writing for such an ultra-short form. But it's also a valuable exercise for writers of longer works; being able to write tight, concise pieces is an important writing skill.
My daughter once had a professor tell her that she could write more in fewer words than any student he'd ever had—and he meant it as a great compliment.
Obviously, none of these tips are engraved in stone. Nevertheless, I'd advise you to master getting rid of adjectives and adverbs—once you're there, you're allowed to start putting them back in.
Homework: Re-write this adjective- and adverb-heavy passage. Tighten it up, choose better words, re-arrange it, add or subtract anything you wish. Whatever you think will improve it—go for it. Try not to read other responses before you write yours, and don't worry about hurting the author's feelings. I wrote it specifically for this exercise, and I know it's bad. A gold star goes to the best submission.
Exhausted, weary, and worn out, Jan walked tiredly into her house at the end of a long, seemingly endless day at work. She slipped off her dark ebony shoes at the door and plodded unenthusiastically toward the kitchen. All she wanted was an icy cold soda and something sugary saccharine—maybe there was leftover cake in the shiny stainless steel refrigerator.
"Ow!" she exclaimed loudly. She lifted up her left foot to examine curiously what had caused her such sudden, sharp, acute pain. Embedded firmly in the tender flesh of her heel was one minuscule Lego, left over from her young nephew's visit the previous day before.
For extra credit, pick a few of the adjectives or adverbs above and tell why they are unnecessary.
As always, I'm interested in your reaction to the points of the lesson. Are there items you disagree with? Are there other uses of adjective or adverb abuse that you've noticed? Anything additional you'd like to say?


text:
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text: No records found Properties for sale in GREENWOOD, of South East Florida SEARCH PROPERTIES MLS # Search 47,380 real estate properties for sale in Miami Dade County: 21,803 detached homes: 6,566 condos / villas / townhouses: 15,237 Broward County: 13,281 detached homes: 5,636 condos / villas / townhouses: 7,645 Palm Beach County: 12,296 detached homes: 6,325 condos / villas / townhouses:5,971 (updated on 09/21/2018 15:59) Search by city, zip or community name Enter your search terms Web Our Site Submit search form See my Saved Properties LIST 0 property(s) found. Please review details below. © 2004-2007 Access USA Realty, Inc. | | About Us | Contact Us | Privacy Policy | Terms of Use | Visitors Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties listed by brokerage firms other than AccessUSA Realty are marked with MLS share. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Access USA Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held harmless.


text:
Investigations of Iron and Manganese Fluxes from Hydrothermal Sources in the South Atlantic Ocean
Makoto Saito, Marine Chemistry and Geochemistry
In recent decades the micronutrient iron has been shown to have a major role in controlling the key oceanic processes of primary productivity and nitrogen fixation. Yet our understanding of the major sources of iron to the oceans has been constrained by a severe lack of measurements, particularly in the deep ocean. Recently, we documented the presence of a large >1000km wide dissolved iron hydrothermal plume in the South Atlantic Ocean. While recent studies in the Pacific and Southern Oceans have found similar scale dissolved hydrothermal iron plumes, a recent modeling study does not predict a significant contribution of hydrothermal iron flux in the slow-spreading ridge basins, such as the South Atlantic Ocean. We propose to determine the extent of this South Atlantic hydrothermal iron plume through the collection of ~600 dissolved iron and manganese samples to create a full-depth meridional ocean section from 13oS to 33oS along the Southern Mid-Atlantic ridge on a German hydrothermal vent cruise. This study will help to constrain the importance of slow-spreading basins to the global oceanic iron inventory and allow improvements in global models.


text:
As employees worked frantically to prepare the shelves and assess their inventory at Top Shelf Cannabis in Bellingham, Washington, 22-year-old Zoe Wainwright was among the dozens in line early Tuesday waiting for legal marijuana sales to begin.
The Bellingham man said he's an occasional pot user, but primarily went to take pictures of the scene for his 64-year-old father, who was out of town.
"He's been waiting for this a long time," Wainwright said. "He grew up in the '60s and '70s."
Cale Holdsworth, a 29-year-old from Abilene, Kansas, was the first customer to buy pot at Top Shelf when it opened at 8 a.m.
Holdsworth, who manages a parts department at an RV dealership in Kansas, says he uses the drug to stimulate his appetite and help him sleep, and because he likes it.
"It just makes you feel good, and there is nothing wrong with that," he said.
In Seattle, the city's first pot shop welcomed customers in the SoDo neighborhood at noon. Dozens of media waited alongside dozens of customers for the doors of Cannabis City to open.
Store owner James Lathrop, holding a large scissors to cut the ribbon for the official opening, said it was time to "free the weed."
Seattle City Attorney Pete Holmes, who supported efforts to legalize the drug, was on hand to watch the scene.
Mike Boyer, 30, of Spokane, lined up in front of the Spokane Green Leaf marijuana store at 7 p.m. Monday and was first in line as the store prepared to open Tuesday afternoon.
A line of more than 70 people wound around Spokane Green Leaf, waiting for the 2 p.m. opening.
"I wanted the title of being the first guy to buy legal marijuana in Spokane," Boyer said. "It only comes once in a lifetime."
The store is in a strip mall on Spokane's north side, near a driving school, a CrossFit studio and an ice cream shop.
About an hour after sales began at Bellingham's Top Shelf Cannabis, John Evich, an investor in the store, came out to tell customers that things were still going a little slowly because staff had to count packages of pot that were late in arriving Tuesday morning. He urged folks to be patient.
Tom Beckley, the owner, said Tuesday's sales were the culmination of months of work following the 2012 passage by voters of measures legalizing recreational pot in Washington and Colorado.
"I think it's incredible that people are finally getting their way on their vote," Beckley said. "It's nice to see everybody out here on a positive and happy manner."
When the doors to Spokane Green Leaf opened shortly before 2 p.m., and eight customers were admitted at a time. They were allowed to buy one bag of marijuana, either a 2-gram size for $50 or 4-gram size for $100. Tax was included in the price.
A line of customers at least 70 strong formed outside the store before it opened.
Employee Jody Cleveland stood at the front door of the store, checking the IDs incoming patrons and exchanging high 5's with purchasers.
Kat Clark and Jeri Jackson are residents of Houston who drove from Texas to Spokane to obtain a marriage license and to buy some legal weed.
"In Texas it'll be awhile before we can do that," Clark said. "Today is a great day."
The two women planned to get married on Saturday, she said.
Associated Press writers Manuel Valdes and Gene Johnson in Bellingham and Seattle contributed to this report, along with Nicholas K. Geranios in Spokane.


text:
Visiting SOHO EOF at GSFC
The information on the form will be entered into the system by Joan Rurka. The time requirements for processing after that is 20 working days for foreign nationals from non-designated countries, 60 calendar days for foreign nationals from designated countries*, and 90 calendar days for foreign nationals under the NASA Exchange Visitor Program (J-1 Visa).
In order to get a non-limited (FN) badge, you must either have a completed, valid "NAC" (National Agency Check) on file with NASA (they are valid for 3 years), or be on the SOHO Accredited List. (If your name appears on the current Accredited list, you should already have a completed NAC or have been asked to submit the paperwork for one.) If you cannot remember whether you have a current NAC, please contact Joan Rurka.
In order to get a NAC done, you must submit a form referred to as the "NAC form". This form should be filled in electronically or with a typewriter and sent (electronically, printed or scanned) to Joan Rurka at the SOHO EAF. The form will have to be signed in person in front of a GSFC Security official upon entry. Unfortunately, NAC form processing may take anywhere up to 3 months or even a year to be completed, depending on circumstances.
Please remain calm and polite with the guards; they're doing the best job they can, and without further information, they can't issue you a badge no matter how excited you get. Contact Joan Rurka using the phone at the guardhouse; if she's unavailable, contact Joe Gurman or Terry Kucera. You can also ask the guard to check with the International Office, which is now part of the Security division. The two people who handle foreign national badge requests there, Elaine Pearl and Lois Otterson, should also be able to help guards unfamiliar with the system to find information about your visit.
For any questions regarding forms or access, please contact Joan Rurka.
The guards can look up phone numbers or lend you a copy of the Goddard phone directory. SOHO phone numbers can be found on this page
Click here to escape from frames


text:
"Recent weeks have witnessed several attempts at international fora and in the media to question the science of climate change and to cast doubts on the findings of the Intergovernmental Panel on Climate Change (IPCC), which have been produced and endorsed by a very large body of the world's foremost scientists. Some of these have even included personal attacks on the leadership of IPCC.
Good science is, by its very nature, a process of close scrutiny, open criticism and vigorous debate. At the same time, there is growing evidence that the Earth's climate is changing rapidly, with serious potential consequences for life on the planet. It is IUCN's considered opinion that even the possibility that these consequences might take place is far too serious to be addressed in a manner that undermines the core findings of the IPCC reports.
IUCN wishes to endorse the work of the IPCC and its leaders and urges the global community to focus on finding solutions to the crises we face, as the impact of climate change affects the entire community of life. The science the IPCC provides is critical in this search for solutions."
Ashok Khosla, President
Julia Marton-Lefèvre, Director General
IUCN (International Union for Conservation of Nature)


text:
2014's Prize-Winning Artists
Artsy Editorial
Carlos Motta is known for using multiple mediums, often several in combination, to investigate social and cultural injustices—particularly surrounding marginalized communities. Motta, who considers his installations "social sculptures", aims to look beyond individual identity issues to explore group or communal politics. His recent project We Who Feel Differently (2011)—a documentary database of issues in queer culture around the world—was presented as an online platform, a book, an installation, and a series of performances. This was the last part of a five-year project he called "The Democracy Cycle," for which he gathered different meanings of the term "democracy." Motta wants his works to have a common message: "I can see the world in a way that you can't, and the way that I see it is actually really great so you should come on the ride with me."
Colombian, b. 1978, based in New York, NY, United States
2014's Prize-Winning Artists
Artsy Editorial
SP-Arte's New Section Celebrates a Burgeoning Brazilian Design Scene Rooted in History
Artsy Editorial
ArtRio Highlights
Jacopo Crivelli Visconti


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...At a meeting held in the Grand Hotel Indianapolis, the Western League is formally organized. Charles Comiskey nominates Ban Johnson for president of the league. The Sioux City franchise is awarded to a local businessman named H. H. Drale. A year later Comiskey's contract with the Cincinnati Redlegs expires. At the behest of Ban Johnson, Charles Comiskey purchases the Sioux City team and moves it to St. Paul.
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...An agreement is signed which lands the St. Paul Saints in Chicago.
April 2, 1900
...Playing as the Chicago team for the first time, the White Stockings defeat the University of Illinois, 10-9, in Champaign. Roy Patterson is the victor.
April 21, 1900
...The Chicago White Sox play their first game in a small wooden ballpark located at 39th and Princeton. The Sox lose to Milwaukee, 5-4.
April 22, 1900
...The Sox defeat the Brewers, 5-3, behind Roger Denzer for the club's first victory.
Sept. 12, 1900
...The White Sox clinch the 1900 pennant by defeating the Cleveland Blues, 12-4, in Chicago.
Jan. 28, 1901
...Meeting in closed door sessions in Chicago, the American League drafts a 140-game schedule and declares itself to be a second Major League.
April 24, 1901
...The first "official" American League game is played in Chicago with Roy Patterson defeating Cleveland, 8-2.
Sept. 21, 1901
...Even though they lose in Philadelphia, the White Sox capture their second consecutive American League pennant.
Sept. 20, 1902
...Nixey Callahan fires the first Sox no-hitter against the Detroit Tigers.
June 9, 1903
...The White Sox are incorporated under Illinois law with $5,000 capital.
June 5, 1904
...Fielder Jones replaces Nixey Callahan as manager.
Oct. 2, 1904
...Doc White's streak of 45.0 consecutive scoreless innings is snapped by the New York Highlanders in Chicago.
August 23, 1906
...The White Sox win their 19th successive game, downing the Washington Senators, 4-1, behind pitcher Roy Patterson.
Oct. 14, 1906
...The Sox claim the only all-Chicago World Series, defeating the Cubs, 8-3, in the finale to win four of the six meetings.
Oct. 5, 1908
...Ed Walsh wins his 40th game of the season, downing Detroit, 6-1. His win total remains a Chicago single-season record.
Jan. 19, 1909
...Charles Comiskey purchases a tract of land near the corner of 35th and Shields from Roxanna Bowen, a descendant of former Chicago Mayor John Wentworth. Later that year, architect Zachary Taylor Davis is commissioned to design a spacious ballpark for the Sox on the site.
Oct. 6, 1909
...Davis submits his proposed ballpark design to Comiskey for approval.
March 17, 1910
...The cornerstone of Comiskey Park is laid on St. Patrick's Day.
June 27, 1910
...The Sox play for the last time at the 39th St. Grounds, losing to Cleveland, 7-2.
July 1, 1910
...Comiskey Park opens to a packed house but the Sox lose to St. Louis, 2-0.
Nov. 13, 1913
...The White Sox and New York Giants begin a celebrated worldwide tour which is highlighted by a special exhibition game before King George of England.
June 1, 1914
...Red Faber begins his 20-year career with the White Sox by losing, 2-1, in a 13-inning decision to the Tigers.
August 20, 1915
...The contract of "Shoeless" Joe Jackson is purchased from Cleveland for $31,500.
Sept. 21, 1917
...The Sox win the pennant when Red Faber defeats the Red Sox, 2-1, in Boston.
Sept. 29, 1917
...The White Sox defeat the New York Yankees to win their 100th game of the season, a feat unmatched in club history.
Oct. 15, 1917
...Chicago wins its second World Series title by defeating the New York Giants, 4-2.
Sept. 29, 1920
...Eight White Sox players are suspended by Charles Comiskey for their part in the 1919 World Series fix.
August 2, 1921
...After only two hours of deliberation, the jury in the "Black Sox" trial returns a verdict of not-guilty, but later the players were banned for life by Judge Kenesaw Mountain Landis.
April 30, 1922
...Rookie pitcher Charlie Robertson hurls a perfect game at Detroit.
July 2, 1923
...Future Hall-of-Fame pitcher Ted Lyons makes his White Sox pitching debut in relief.
Oct. 10, 1924
...Charles Comiskey and John McGraw kick off a second European barnstorming tour, taking their clubs to London, Dublin, Glasgow, Berlin, Paris and Rome.
April 20, 1927
...The newly-expanded Comiskey Park reopens but the Sox lose to Cleveland, 5-4. The new outfield upper deck accommodates 23,200 additional fans.
August 20, 1929,
...Red Faber Day is celebrated at Comiskey Park.
Sept. 10, 1930
...Rookie shortstop Luke Appling, destined for the Hall of Fame, makes his Major League debut.
Oct. 26, 1931
...Charles Comiskey dies at his summer resort in Eagle River, Wisconsin, leaving an estate valued at $1,529,707 to his son J. Louis.
Sept. 28, 1932
...J. Louis Comiskey attempts to rebuild the White Sox by purchasing Jimmy Dykes, Al Simmons, and Mule Haas from the A's for $150,000.
July 6, 1933
...The first All-Star Game is played in Comiskey Park. The American League prevails behind Lefty Gomez.
May 15, 1934
...Jimmy Dykes replaces Lew Fonseca as Sox manager.
Sept. 3, 1936
...Luke Appling's club-record 27-game hitting streak is ended by Boston's Wes Farrell.
July 18, 1939
...J. Louis Comiskey dies at the age of 56 at the family's Eagle River resort.
August 14, 1939
...The first night game is played in Chicago at Comiskey Park before a crowd of 30,000. The Sox prevail over the Browns by a 5-2 score.
Feb. 29, 1940
...A federal judge awards Grace Comiskey, J. Lou's widow, her dower rights and denies the First National Bank of Chicago a petition to seek outside bids to sell the Sox.
Sept. 15, 1940
...Ted Lyons Day is celebrated in Comiskey Park.
March 4, 1941
...Grace Comiskey is elected team president and her daughter, Dorothy Rigney, is appointed secretary.
August 13, 1943
...Luke Appling collects his 2,000th hit against the Red Sox.
April 28, 1946
...Ted Lyons wins the 260th and final game of his Major League career, a 4-3 decision over the Browns.
May 24, 1946
...After a club-record 12 years at the helm, Jimmy Dykes resigns as manager. Ted Lyons is appointed to replace him.
June 8, 1947
...Luke Appling Day is celebrated in Comiskey Park.
July 5, 1947
...The American League color barrier is broken in Comiskey Park when 22-year old Larry Doby is sent to pinch-hit for the Cleveland Indians.
July 18, 1948
...Pat Seerey slugs four home runs in one game at Philadelphia.
Oct. 4, 1948
...Chuck Comiskey is appointed vice president of the Sox.
Oct. 8, 1948
...Frank Lane is recruited from the Big Ten Conference to replace Les O'Connor as general manager.
July 11, 1950
...The All-Star Game returns to Comiskey Park and the National League wins a 4-3, 13-inning decision. Ewell Blackwell is the winning pitcher.
Oct. 1, 1950
...Luke Appling collects his final hit in an illustrious career that spans 20 seasons and 2,422 games, all in a White Sox uniform.
1951 Season
...The "Go-Go" era of White Sox baseball dawns as the club draws over 1 million customers for the first time. In May, the team wins 14 consecutive games.
May 1, 1951
...Minnie Minoso makes his White Sox debut, becoming the first black to play for the team. In his first plate appearance, Minoso hits a home run against Vic Raschi of the Yankees.
Sept. 10, 1954
...Manager Paul Richards resigns to accept a position with the Orioles.
Dec. 16, 1955
...Following the announcement of Frank Lane's resignation, Chuck Comiskey, grandson of the "Old Roman," and John Dungan Rigney are elevated to co-general managers.
Oct. 29, 1956
...Al Lopez replaces Marty Marion as manager.
Dec. 10, 1956
...The "grand lady of baseball," Grace Comiskey, dies. Controlling interest in the White Sox is retained by her daughter, Dorothy.
Dec. 20, 1958
...Bill Veeck and his partners gain majority control of the White Sox after a lengthy court battle with the Comiskey heirs.
April 22, 1959
...In one of the strangest games in Sox annals, the club scores 11 runs on one hit in the seventh inning against the A's.
August 21, 1959
...Nellie Fox Day is celebrated at Comiskey Park.
Sept. 22, 1959
...The Sox end a 40-year pennant drought by clinching the American League title at Cleveland.
May 1, 1960
...The new scoreboard explodes for the first time when Al Smith hits a two-run home run off Jim Bunning in the first game of a doubleheader.
June 10, 1961
...Due to failing health and other considerations, Bill Veeck sells his White Sox holdings to his former business associate, Arthur Allyn Jr. A year later, Chuck Comiskey sells his minority interest in the team to Allyn.
July 22, 1962
...Floyd Robinson collects six singles in six at-bats against Boston.
Nov. 11, 1965
...Al Lopez resigns as manager.
...To bolster sagging attendance, the White Sox play "home" games at County Stadium in Milwaukee against each AL opponent, going 1-8 in 1968 and 7-4 in 1969.
1969 Season
...AstroTurf is installed in the Comiskey Park infield. In 1976 it is replaced with natural grass. Sept. 24, 1969...Arthur Allyn Jr. sells the White Sox to his brother, John, ending speculation that the Sox will depart for Milwaukee.
July 19, 1970
...Luis Aparicio Day is celebrated in Comiskey Park.
Sept. 2, 1970
...Following the club's worst season in history, General Manager Stu Holcomb hires Roland Hemond to rebuild the franchise.
Sept. 30, 1971
...Bill Melton becomes the first Sox player to win the American League home run title when he connects against Milwaukee's Bill Parsons on the last day of the season.
May 20, 1973
...A Sunday doubleheader against the Twins attracts 55,555, a Comiskey Park attendance record.
Dec. 10, 1975
...The American League owners reverse their former position and accept Bill Veeck's bid to purchase the White Sox from John Allyn.
July 3, 1976
...The Sox lose to Texas, 3-0, in the first morning game in Comiskey Park history. The first pitch is at 10:30 a.m.
1977 Season
...With nine players in double figures for homers, the '77 White Sox affectionately are dubbed the "South Side Hitmen." Their club record for home runs (192) stands until 1996 (195).
June 30, 1978
...Larry Doby replaces Bob Lemon as manager, becoming the first African-American manager in club history and the second in American League history.
July 12, 1979
...Bill Veeck's celebrated "Disco Demolition Night" results in a forfeit to the Detroit Tigers.
August 2, 1979
...Tony La Russa replaces Don Kessinger as manager.
August 22, 1980
...Bill Veeck agrees to sell the White Sox to Edward DeBartolo of Youngstown, Ohio, but the league denies the sale because of DeBartolo's racing holdings.
Jan. 29, 1981
...Jerry Reinsdorf, in concert with Eddie Einhorn, heads a group that purchases the club from Bill Veeck.
July 6, 1983
...Comiskey Park plays host to the golden anniversary All-Star Game, 50 years to the day after the initial mid-summer classic also was held at Comiskey Park. The American League prevails, 13-3.
Sept. 17, 1983
...The Sox clinch the American League West title at Comiskey Park against Seattle, winning the division by 20 games, a Major League record.
May 9, 1984
...The Sox win the longest game in American League history, 7-6, against Milwaukee at Comiskey Park. Harold Baines ends the two-day, 25-inning marathon with a home run.
Sept. 26, 1984
...Despite a losing season, the Sox close out the year with an attendance of 2,136,988, becoming the first Chicago team to surpass the 2 million mark in consecutive years.
July 1, 1985
...The 75th anniversary of Comiskey Park, the nation's oldest ballpark, is celebrated.
August 4, 1985
...Tom Seaver wins his 300th game before a packed house in Yankee Stadium.
June 20, 1986
...Tony La Russa is fired as Sox manager.
Oct. 29, 1986
...Larry Himes replaces Ken Harrelson as general manager.
Dec. 5, 1986
...The Illinois General Assembly passes funding legislation to build a new home for the White Sox across the street from Comiskey Park.
July 22, 1987
...Harold Baines belts a home run off of Baltimore's Mike Boddicker to break Bill Melton's team record of 154.
Oct., 1987
...The Illinois State Senate confirms four gubernatorial appointees to the Illinois Sports Facilities Authority. The vote, in concert with the three previous mayoral appointments, finalizes formation of the body charged with the development of the new White Sox stadium.
June 30, 1988
...At the stroke of midnight, the Illinois General Assembly approves an amended stadium bill ensuring that the club will remain in Chicago. The new stadium is scheduled for a 1991 opening.
Nov. 3, 1988
...Jeff Torborg is named manager of the White Sox.
May 7, 1989
...Mayor Richard M. Daley and Governor James Thompson are among the celebrities who participate in ground-breaking ceremonies for the New Comiskey Park.
July 17, 1989
...Catcher Carlton Fisk notches his 2,000th career hit against New York at Comiskey Park.
August 20, 1989
...Following his trade to Texas, the team retires Harold Baines' uniform No. 3. Baines joins Frank Robinson and Phil Niekro as the only active players to have their uniform numbers retired.
April 9, 1990
...The final opening day takes place at old Comiskey Park with the White Sox edging the Brewers, 2-1.
July 1, 1990
...Comiskey Park celebrates its 80th birthday and New York pitcher Andy Hawkins hurls a no-hitter, only to lose to the White Sox, 4-0.
July 11, 1990
...The White Sox celebrate "Turn Back the Clock Day" at Comiskey Park in honor of the 1917 World Series Champion White Sox.
August 17, 1990
...Carlton Fisk sets the Major League record for home runs by a catcher, cracking No. 328 off Charlie Hough at Texas. Fisk surpasses Johnny Bench's previous mark of 327 and also becomes the Sox's all-time leader with No. 187.
Sept. 3, 1990
...Bobby Thigpen sets a Major League record for saves with his 47th vs. the Royals at Comiskey Park. Thigpen increases his record total to 57 by season's end.
Sept. 29, 1990
...The last night game at old Comiskey Park is played with the White Sox downing Seattle, 5-2.
Sept. 30, 1990
...The final game at old Comiskey Park takes place and the White Sox edge Seattle, 2-1. The final regular-season won-loss record at old Comiskey Park is 3,024-2,926 (.508).
Nov. 5, 1990
...Ron Schueler is hired as senior vice president of Major League operations.
April 18, 1991
...New Comiskey Park opens before a sellout crowd of 42,191 as the Tigers cruise past the White Sox, 16-0.
April 22, 1991
...Frank Thomas hits the first White Sox home run in new Comiskey Park as the Sox defeat Baltimore, 8-7, in the first night contest in the new ballpark.
July 22, 1991
...Former White Sox owner Bill Veeck is inducted into the National Baseball Hall of Fame in Cooperstown, N.Y.
August 11, 1991
...Left-hander Wilson Alvarez throws a no-hitter in his first start with the White Sox and second as a Major Leaguer. The Sox beat the Baltimore Orioles, 7-0, at Memorial Stadium.
1991 Season
...The White Sox break the franchise's all-time attendance record by attracting 2,934,154 fans to new Comiskey Park.
Oct. 11, 1991
...Jeff Torborg resigns as manager.
Nov. 26, 1991
...Gene Lamont is named White Sox manager.
April 9, 1993
...Bo Jackson homers with his first swing of the bat in the club's home opener as he becomes the first Major Leaguer in history to play with an artificial hip.
June 22, 1993
...Carlton Fisk catches his 2,226th game, breaking Bob Boone's record for games caught in a career.
August 31, 1993
...Tim Raines steals his 744th career base, taking over sole possession of fourth on the all-time list. In the same game at New York, Raines becomes the second player in Sox history to homer from both sides of the plate.
Sept. 27, 1993
...Bo Jackson hits a three-run home run as the Sox beat Seattle, 4-2, to clinch their first American League West title in 10 seasons.
August 12, 1994
...The Sox lead the American League Central by 1.0 game over Cleveland when the season is postponed due to a strike by the Major League Baseball Players Association.
June 2, 1995
...Gene Lamont is dismissed as manager and replaced by third base coach Terry Bevington.
July 11, 1995
...Frank Thomas becomes the first White Sox player to homer in an All-Star Game when he connects off Cincinnati's John Smiley in the fourth inning.
Sept. 2, 1995
...Tim Raines has his American League-record streak of 40 consecutive stolen bases stopped when he is caught stealing in the third inning.
Sept. 4, 1995
...Third baseman Robin Ventura ties a Major League record as he becomes only the eighth player to hit two grand slams in one game (fourth and fifth innings). Ventura ties the franchise record with eight RBIs at Texas.
Sept. 23, 1995
...Lance Johnson matches a Major League and White Sox record with six hits in a nine-inning game. Johnson also sets a club record with three triples in the game at Minnesota's Metrodome.
Sept. 15, 1996
...Frank Thomas hits his 215th career home run to pass Carlton Fisk as the franchise's all-time leader. Thomas homers three times off Boston's Tim Wakefield (his first career three-homer game) at Fenway Park.
Sept. 27, 1996
...Danny Tartabull hits the Sox 193rd home run to surpass the club mark set by the 1977 "South Side Hitmen."
April 15, 1997
...Exactly 50 years after breaking baseball's color barrier, Jackie Robinson's uniform No. 42 is retired by Major League Baseball in a ceromony prior to the Mets-Dodgers game at New York's Shea Stadium.
June 16, 1997
...The White Sox and Cubs meet for the first time ever during the regular season in the first of three games at Comiskey Park. The Cubs win the opener, 8-3, but the Sox rebound to win the final two games, 5-3 and 3-0. The series attracts the top two regular-season crowds in new Comiskey Park history, with 44,249 attending the game on 6/17 and 44,204 turning out for the series finale on 6/18. The Sox opened interleague play on 6/13 at Cincinnati's Cinergy Field with a 2-0 victory as Ray Durham leads off the game with a home run.
August 3, 1997
...Nellie Fox is inducted into the National Baseball Hall of Fame in Cooperstown, N.Y. Fox, who played with the Sox from 1950-63, batted .288 with 35 home runs and 790 RBIs over his 19-year career. He is further honored when the White Sox hold "Nellie Fox Day" at Comiskey Park on 8/16.
Sept. 14, 1997
...Carlton Fisk's uniform No. 72 is retired in a ceremony prior to the White Sox game vs. Cleveland. Fisk, who played with Chicago from 1981-93, becomes the eighth Sox player to have his number retired, joining Nellie Fox (No. 2), Harold Baines (3), Luke Appling (4), Minnie Minoso (9), Luis Aparicio (11), Ted Lyons (16) and Billy Pierce (19).
Sept. 28, 1997
...Frank Thomas finishes with a .347 average to become the second player (third time) in club history to capture the American League batting title. Thomas wins by .017 over Seattle's Edgar Martinez as he joins Luke Appling (1936 and 1944) as the only Sox players to win the crown.
Dec. 4, 1997
...Jerry Manuel is named the club's 36th manager. Manuel becomes the second minority manager in Sox history (Larry Doby served as interim manager for 87 games in 1978) and the first African-American hired as manager or head coach in Chicago sports history.
July 31, 1998
...Albert Belle establishes a Major League record by hitting his 16th home run in July, breaking the previous mark of 15 shared by Joe DiMaggio (1937), Hank Greenberg (1938), Joe Adcock (1956) and Juan Gonzalez (1996).
Sept. 1, 1998
...Albert Belle hits his 42nd home run and records his 337th total base at Baltimore to set franchise single-season records in both categories. Belle eclipses the existing home run mark held by Frank Thomas (1993) and total bases mark held by Joe Jackson (1920).
Sept. 26, 1998
...The White Sox hit their 196th home run to break the franchise record of 195 set by the 1996 club. Brian Simmons homers from both sides of the plate to become the third player in franchise history to accomplish that feat.
May 4, 1999
...Ray Durham hits his ninth career leadoff home run at Baltimore, tying Tim Raines' club record.
May 29, 1999
...Greg Norton hits two home runs for the second straight game, becoming the first Sox player since Zeke Bonura in May 1935 to accomplish that feat.
July 6, 1999
...Chris Singleton becomes the fourth player in franchise history (first rookie) to hit for the cycle when he goes 5-6 with four RBIs vs. Kansas City.
April 27, 2000
...Jose Valentin becomes the fifth player in club history and second in two years (Chris Singleton) to hit for the cycle ... Valentin produces a "natural" cycle when he singled in the first inning, doubled in the second, tripled in the third and homered in the eighth .
April 30, 2000
...The White Sox set a Major League record by scoring 181 runs in April, breaking the mark of 180 set by Texas in 1998.
July 4, 2000
...Ray Durham and Jose Valentin lead off the game at Kansas City with back-to-back home runs, marking the first time the Sox have accomplished that feat since Boze Berger and Mike Kreevich did it on 9/2/37 vs. Boston ... the White Sox 12-game road winning streak, the longest in baseball since Detroit won 17 straight to open the 1984 season, ends at Kansas City ... the Sox last 10 road wins come vs. teams who were .500 or above at the time of the game ... according to Elias Sports Bureau, the Sox are the only team in baseball since 1900 to accomplish that feat.
July 14, 2000
...Frank Thomas breaks Luke Appling's 50-year-old club record of 1,116 RBIs vs. St. Louis, reaching the mark in 1,459 games ... Appling set the mark in 2,422.
Sept. 15, 2000
...The White Sox hit their 200th home run of the season, breaking the franchise record of 198 set in 1998.
Sept. 20, 2000
...The White Sox score their 925th run breaking the club record of 920 set in 1936.
Sept. 24, 2000
...Chicago clinches the American League Central Division title at Minnesota, securing its first playoff berth since 1993.
July 10, 2001
...Magglio Ordonez goes 2-for-3 with a home run at the All-Star Game in Seattle, becoming the second player in Sox history to homer in the Midsummer Classic ... his solo home run off the Cubs Jon Lieber follows a solo shot by New York's Derek Jeter as they become the fifth teammates in All-Star Game history to hit back-to-back homers.
September 3, 2001
...Jose Canseco collects his 200th career stolen base vs. Cleveland, becoming the ninth player in Major League history with 400 home runs and 200 steals.
October 7, 2001
...Magglio Ordonez hits his 40th double on the season's final day at Minnesota to become just the seventh player in Major League history (first in the American League) to hit .300 with 40 doubles, 30 home runs, 100 RBIs and 25 stolen bases in one season.
July 9, 2002
...Paul Konerko ties an All-Star Game record with two doubles in Milwaukee.
Jan. 31, 2003
...U.S. Cellular and the White Sox sign a 23-year, $68-million naming rights agreement as the former Comiskey Park, opened in 1991, becomes U.S. Cellular Field. Revenue from the agreement allows the White Sox and the Illinois Sports Facilities Authority to undertake significant structural renovations to the ballpark by Opening Day 2005.
July 15, 2003
...The White Sox and U.S. Cellular Field host Major League Baseball�s 74th All-Star Game. The American League rallies for a 7-6 victory before a crowd of 47,609. Pitcher Esteban Loaiza and outfielders Carl Everett and Magglio Ordonez represent the White Sox. Loaiza becomes the first Sox pitcher since Early Wynn in 1959 to start the game, throwing 2.0 scoreless IP.
Nov. 4, 2003
...Ozzie Guillen, who played for the White Sox from 1985-97, is named the club�s 37th manager. Guillen, 40, becomes the first native Venezuelan to manage a major-league club.
June 15, 2004
...Carlos Lee hits safely in his 28th consecutive game with a 10th-inning double at Florida, breaking the club record shared by Albert Belle and Luke Appling (27).
Sept. 13-14, 2004
...Due to Hurricane Ivan, U.S. Cellular Field becomes the site of the first two games of the Florida-Montreal series. It marks the first time that a National League team has hosted a regularseason game in an American League park since 1946. The Marlins win both games before crowds of 4,003 and 5,457.
Sept. 21, 2004
...The White Sox hit their 133rd home run at home vs. Minnesota, breaking the club mark of 132 set in 2002.
Sept. 24, 2004
...The White Sox hit their 221st home run vs. Kansas City, breaking the club mark of 220 set in 2003.
Sept. 6, 2005
...In a 6-5 victory vs. Kansas City, the White Sox reach the 2 million mark in attendance for just the seventh time in franchise history and first since 1993. The Sox finish the season with 2,342,833 fans, the fourth-largest total in club history.
Sept. 29, 2005
...Bobby Jenks retires Placido Polanco on a lineout to first baseman Paul Konerko as the White Sox capture their second American League Central division crown and advance to the postseason for the eighth time in franchise history.
Oct. 22, 2005
...U.S. Cellular Field is the site the first World Series game in Chicago since Game 6 of the 1959 Fall Classic when the White Sox lost to the Los Angeles Dodgers, 9-3. The White Sox defeat the Houston Astros, 5-3, behind solo home runs by Jermaine Dye and Joe Crede and 7.0 IP from Jose Contreras.
Oct. 26, 2005
...The White Sox defeat Houston, 1-0, in Game 4 of the World Series at Minute Maid Park, completing a four-game sweep for their first World Championship since 1917. Freddy Garcia combines with three relievers on a five-hitter, with rookie Bobby Jenks retiring Orlando Palmeiro on a groundout to shortstop Juan Uribe to end the Sox 88-year championship drought.
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29 U.S. Code § 1369 - Treatment of transactions to evade liability; effect of corporate reorganization
If a principal purpose of any person in entering into any transaction is to evade liability to which such person would be subject under this subtitle and the transaction becomes effective within five years before the termination date of the termination on which such liability would be based, then such person and the members of such person's controlled group (determined as of the termination date) shall be subject to liability under this subtitle in connection with such termination as if such person were a contributing sponsor of the terminated plan as of the termination date. This subsection shall not cause any person to be liable under this subtitle in connection with such plan termination for any increases or improvements in the benefits provided under the plan which are adopted after the date on which the transaction referred to in the preceding sentence becomes effective.
Pub. L. 99–272, title XI, § 11013(b), Apr. 7, 1986, 100 Stat. 261, provided that:
Section effective Jan. 1, 1986, with certain exceptions, see section 11019 of Pub. L. 99–272, set out as an Effective Date of 1986 Amendment note under section 1341 of this title.
LII has no control over and does not endorse any external Internet site that contains links to or references LII.


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Presidential Teacher Award
The Presidential Teacher Award recognizes outstanding undergraduate teaching, advising, and mentoring at Adams State University. Each year, three winners will be selected by a student committee. The winners will carry the designation of Presidential Teacher for the following academic year.
The Award
Each Presidential Teacher will receive $1500 to support his or her professional development. Whenever possible, winners will also be given the opportunity to teach a special Presidential Teacher Course during the next academic year.
That course can be on any subject the award winner chooses. The Senior VP will work with the winner's departments to help find ways to allow them to replace the course that will be lost when the award winner is teaching the PT course. If a faculty member is on a one year contract, winning the award will not guarantee employment for the following year. However, if the winner were not continuing on the faculty, he or she would still receive the professional development portion of the award.
All full-time faculty members are eligible for the award. Faculty who are teaching part-time, adjuncts, or those on transitional retirement are not eligible.
The Selection Process
Each fall, based on recommendations from the Chairs, the Senior VP will convene a Presidential Teacher Selection Committee composed of undergraduate students from across the disciplines. This committee will be responsible for the selection of that year's Presidential Teachers.
During registration for Spring semester, the Selection Committee will announce the nomination process to all undergraduate students. All ASU undergraduate students, faculty, and staff will have the opportunity to nominate a professor.
The student committee will review the nominations and announce the finalists (4 or 5) as soon as school begins in January (potential finalists will be contacted in advance to make sure they are willing and able to accept the award). During Spring semester, the selection committee will visit two classes of each finalist to observe their teaching.
The committee will also interview each candidate and discuss their teaching philosophy, classroom practices, non-classroom advising and mentoring activities, and the Presidential Teacher course the finalist is proposing. The Selection Committee will then deliberate and make a final selection of the three winners. The Senior VP will announce the winners at the annual Faculty Recognition banquet.


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|You can use this section to look at your teams match reports, stats and player stats. Click on the tabs to move between player and match stats and click on the icons in player ststs to reorder columns. Stats are for ALL competitions this season, you can chnge this option using the drop box above.
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|Joined HFL: 1924
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|Telephone: 01542 882629
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Campus News
Sarah and James Bowdoin Day 2011 Student Address: Sam Hanson '11
Story posted October 28, 2011
"To End Our Parades: What Tietjens Can Teach Us"
Sam Hanson '11
Bowdoin College's 2011 Sarah and James Bowdoin Day ceremony was held Friday, October 28, 2011, in Morrell Gymnasium. Following is the address by student speaker Sam Hanson '11.
Thank you President Mills for your generous and thoughtful introduction — I am grateful for your kind words, and truly thrilled and honored to be speaking here today. Thank you to as well to Dr. Berkin for your inspiring address — I am honored to be speaking in such good company.
First things first —congratulations to all the scholars here. To all the Sarah and James Bowdoin Scholars, the Book Award Winners, the Phi Beta Kappa inductees, and to Skyler, our Almon Goodwin Prize winner — today is a celebration of your efforts. Congratulations. Very, very well done.
I will confess to you that this is my first time attending this ceremony, and also that this summer when my mother (who is here today, and wonderful) — received a letter marked from the Dean's office, she didn't open it, but instead immediately called me and demanded to know what I had done. I didn't remember anything particularly egregious, so we shared a brief moment of telephonic anxiety as she opened the letter and relayed — with more than a little skepticism — that I was a "Sarah and James Bowdoin scholar" — no doubt imagining some cruel award given to the worst student of the college.
When I received this call I was in Los Angeles, where I spent the summer — thanks to a Bowdoin Professor about whom you will hear more in a minute — working for the Oscar-winning President of HBO Miniseries, himself a Bowdoin alum. The big-ticket project of the summer was a Tom Stoppard adaptation of "Parade's End" — a tetralogy of novels written by Ford Madox Ford set during the First World War. While I was at HBO, the scripts were in the process of being written, and I am very proud to say I played a large and crucial part in the caffeination of all the people responsible for actually writing and developing the show.
At some point, however, I did get an opportunity to read and discuss the scripts, and must say I found the story unexpectedly captivating. There are, I expect, only a few of you that have read Ford Madox Ford's four "Parade's End" novels, and in all likelihood none of you who have read Tom Stoppard's script adaptations. This is terrific news for me, as it reduces to a large degree the risk of audience mutiny — but it also means, regrettably, that some summary is in order. Please, bear with me here.
In the broadest possible strokes, "Parade's End" tells the story of a Brit named Christopher Tietjens and the code that he lives his life by — a gentleman's code of sorts that compels him to maintain a certain image, or as Tietjens puts it, march a certain parade. Married to the socialite Sylvia Sattherthwaite, Tietjens parades through his loveless marriage — all the while deeply in love with the beautiful but far less prestigious Valentine Wannop. Rejecting a safe posting out of pride, Tietjens marches his way into captaining the front lines of the British Army, where he is not an altogether incompetent Captain, but seems constitutionally unsuited for the military — as we see when his orders lead to the death of a soldier and he is unable to shake his guilt.
Tietjens likens his code and the choices it entails to a parade because it is — like any good parade — full of flash and grandeur, spectacle and bravado. A parade is in its nature a display of strength and power — an act of triumph, and pride. Parades are about falling into line, marching in step, wearing a uniform — getting with the program. Parades are about making as much noise as possible — waving flags and blowing horns — so that people might notice you and observe you marching, and perhaps clap for you. Parades are about victory! and promoting one's image. Most importantly, parades are about group consciousness. A one-person parade is no parade at all.
Ultimately, as you may have guessed from the title "Parade's End," Tietjens ends his parade. He retreats from the war and — perhaps a braver enterprise — from his wife. He finally stops marching, and he goes on to live a more obscure, but far happier life away from the trenches and with his true love, the aptly named Valentine. Nobody claps for him.
I tell you all of this not — as no doubt some of you are thinking — as an attempt to exhibit some scholarly dexterity. For the cleverest folk here, perhaps the Book Award winners, I too see the irony in making a speech about stepping away from the limelight and the applause. I also am fully aware that we all paraded over here. I guess despite my monopoly on the subject matter, I may still be at risk for audience mutiny.
But before it gets to that — hear me out. Tietjens' story is important because we all have our own parades, and I will be the first to tell you that I have perhaps marched more than my share. Let me start from the beginning.
Growing up, I loved what I will call "story" — the creative process of reading, watching, telling, writing, and otherwise engaging and interacting with narrative. My father — who is also here, and wonderful — would read to my siblings and me at night, and insist that we predict the endings. While my ending to Treasure Island was certainly off-the-mark (I think aliens got involved, which leads me to wonder if maybe a child wrote the latest Indiana Jones movie), the verisimilitude was not, back then, the point. The point was the effort to understand the mechanics of narrative — how did it work? Why is Heidi so sad? — Rumpelstiltskin so scary? — White Fang so poignant? On bring-your-dad-to-school day in third grade, my father chose not to discuss his profession, corporate law, but rather to read Jack London's "To Build a Fire," explaining to the class that the story was not only more interesting, but also more important. A storyteller perhaps above all else, my father also taught me to tell a story, how to first experience life and then relate it to others in a meaningful way.
Of course, you might say that all children love story, and picture books, and cartoons, and all the other color-in-the-lines, paint-by-numbers recess games. You might say this, and I might believe you. In fact, I did believe you. As I moved through high school I started to see people beginning to march — not all at once, but gradually — looking ahead at the band conductors and trying to match their feet with the beat. Seeing this, I too started to look ahead to the front of the procession — who was that up their wearing a colorful top hat and waving that golden baton, looking so important? — and before I knew it my feet were marching too. Story suddenly seemed childish, naďve, a silly thing that silly people did. I did not want to be silly, I wanted to be important. So I marched.
I marched my way into Bowdoin College and picked the most important subjects, the least silly subjects — to study. Government! History! Economics! Computer science even! Surely such important studies would make me, too, important.
The loudest, most attractive parade — or at least the one in closest proximity to my doorstep — was finance, and so I began to wear a finance uniform and play a finance instrument. Very, very importantly, this is not at all to say that finance is somehow a professional parade — this is by no means an Occupy Wall Street speech, and many of the greatest mentors in my life are men of finance — but rather to say that for me, personally, it was an assumed identity. The uniform didn't fit, and besides it wasn't even the real thing — it was a costume. Most importantly, I didn't know how to play the instrument. I couldn't even read the music.
Nevertheless I marched, hoping for some misguided claps from the parade-watchers, but more than anything just to be part of the parade. I loved telling people — "yeah, I'm gonna be a banker and run hedge-funds." "What's a hedge fund?" my sister once asked me. I didn't know, and I still don't really know. What I do know is that they are really, really cool, and that one of the coolest people I know is a hedge-fund guy. He is also a Bowdoin graduate. I was really marching.
By sophomore year I was truly unhappy. I had replaced story with spreadsheets and books with calculators. School became a chore — an instinct to learn had been replaced with an instinct to survive. Like Captain Tietjens in the trenches, I seemed constitutionally unsuited for what I was doing, and began to act out in a very unproductive way. You might say, perhaps, that if today I am a Sarah and James Bowdoin scholar, back then I was a Lindsay Lohan scholar — or perhaps even a Charlie Sheen scholar. For those of you not registering my innuendo, I drank a lot.
Witnessing my unhappiness, my mother, my wonderful mother, recommended that I take a class called "Intro to Short Narrative," with Professor Goodridge, my now advisor and dear friend. I took the class, which fulfilled a requirement, and during that semester Professor Goodridge encouraged me to consider studying English and creative writing — an idea I dismissed, denying myself this pleasure like Tietjens denies himself Valentine. Professor Goodridge did plant a seed in my head, however, and when — at the end of the semester — I took a leave of absence to address my drinking, she again approached me and suggested that while away, I might explore the world of finance, to test it out so to speak. To this advice, I listened.
I got an internship working for a private asset management group and worked there for six months. Like Tietjen's wife, Sylvia Satterthwaite, this job was beautiful — sexy even: I wore a suit, I had an office (thank you, recession), and was making money — not a lot (again, thank you recession) but certainly more than I had been making as a student. I felt exhilarated. I felt serious. I felt important. Like Captain Tietjens in the trenches, I was doing what I knew would be approved of. After years of watching the parade go by, I had finally joined it, and worked hard to keep my feet in step with the beat.
But, just as Tietjens came to sense his ill fit for the military, by the end of my internship I began to sense my ill fit for asset management. I could suddenly feel where my uniform didn't quite fit, or hear when I hadn't quite hit the right note. I was marching still, but for the first time I started wondering where the parade was headed.
I got my answer at Johns Hopkins University, where I spent the next part of my leave. Still marching, I continued to study economics and found housing with an Economics Ph.D. student named Danny, with whom I proudly prowled the economics department buildings. In a conversation I had one night with Danny, I asked him why he was getting a PhD in econ — why not, say, work for a hedge fund? They're so cool, I told him.
Danny told me that he had, in fact, worked for a hedge fund, but had stopped to get his PhD. "I just love studying economics," he told me. This blew me away —
"You love studying econ? I asked him. "Yeah," he said. "Don't you?"
I didn't, and so I enrolled that semester in both a screenwriting course and an American literature course. I felt like a big-lipped trombonist finally finding a trombone after a lifetime of clarinet. My big lips are perfect for this trombone! I thought. And they were such a hindrance to my clarinet playing! I was early to class, on time with all my assignments, constantly in my professors' office hours. Suddenly, I wanted to learn, not just get good grades. I wanted to understand, I wanted to know.
By the fates of symmetry, my American literature class was taught by a Bowdoin grad — Professor Jared Hickman — and after a few conversations with him I knew I had to go back to Bowdoin, to come back here. The following semester I did, and was greeted by a smiling Professor Goodridge who introduced me to Professor Watterson, my now dear, dear friend and mentor — and whom, in the lone exception to my prior claim — you might see walking the streets of Brunswick in a definitive one man parade. If Professor Goodridge sheltered my flame for story from the wind, Professor Watterson took that flame and set with it a forest fire. Under his guidance, I enveloped myself in English classes —Shakespeare, Chaucer, the Modern Novel on and on and before I knew it — I wasn't marching anymore. I was walking, running even, but it was, for the first time, my own stride that propelled me.
After getting a taste for creative writing in Professor Bechtel's Playwriting course, I took a fiction seminar in the spring taught by Professor Brock Clarke, who (to continue this self-indulgent metaphor) took my forest fire and channeled it into the furnace of a forge — asking that same question my father had years before — how are stories built? — but then forcing me to pick up the hammer myself, and to try swinging it against the anvil. Of course some of my first efforts were misshapen, some were even unsalvageable, but by the end of the year, I was building on my own — simple, rudimentary, building — but nonetheless building. Writing, that is. Writing. Even now, it seems, I feel compelled to link it some practical application — to justify its usefulness — but no, I am not talking about building or blacksmithing, I am talking about writing.
For it is writing, you see, that is my Valentine Wannop, and it is Bowdoin College that has given me the strength to surrender to her. It is this college, this wonderful college, that has effectively rained on my parade — and it is this wonderful college that has taken away my wet marching uniform and rain-soaked sheet music and replaced them with running shoes. Bowdoin has done for me what I could not do for myself — it has ended my parade — and furthermore it has done so with a level of commitment and support that Christopher Tietjens was never afforded. For while poor Tietjens' parade ended silently and without applause, Bowdoin College has for me loudly clapped its hands, and without this recognition I may still be marching. In the spring, I was awarded the Mary B. Sinkinson short story prize for a story called — in keeping with this never-ending metaphor — "Set Your Life on Fire." With the help of my Professors, I found my way to Los Angeles last summer, where this long speech began, and with their help I am now writing an honors project — a collection of short stories called "Above and Below," inspired in large part by the writings of John Cheever. For those of you familiar with Cheever's personal history, I suppose you might say that today I am a John Cheever scholar in a much different way than I was three years ago. Again, for those not registering the innuendo — I stopped drinking — thanks in large part to the Bowdoin counseling center and my dear friend Archie, who is also here today, and wonderful. In this vein I must also mention that Bowdoin has helped me to use my experience toward a positive end by allowing me to co-chair, alongside the marvelous Meadow Davis, the Alcohol Team — a group set up to help Lindsay Lohan scholars like myself.
This college has helped me to see who it is I am, and what it is I love. I can think of nothing else a college should aim for than this, and when in May, I walk across that stage and run, not march, out into the world, I will do so forever indebted to Bowdoin's gift.
Thank you, Bowdoin, and thank you all.
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Traditional European biergartens are large, open air, high-ceilinged halls filled with row upon row of picnic tables and benches where all classes of people bring their own lunches and buy, well, beer. Lots of beer. And preferably, a hearty German selection.
The Pilsener Haus and Biergarten in Hoboken takes this concept to an entirely new level of modernity and entertainment, beer and cuisine. The restaurant – which is a loose term, mostly because it is an insufficient description for the location's massive size, many functions, and many atmospheric offerings – was opened on Aug. 8 by owners Ladislav Sebestyan and Andrej Ivanov after three years of renovation.
They transformed the space that served as an old belt factory warehouse circa 1910, which was a bit of a mess. "We ripped it apart," Sebestyan said. "It was in pretty bad shape, and it took three years to fix, but good things take time."
Pilsener Haus and Biergarten is definitely a good thing, as evidenced by its large weeknight crowds and larger weekend gatherings.
"[Pilsener Haus] took three years to fix, but good things take time." – Co-owner Ladislav Sebestyan
All these and more make the Pilsener Haus and Biergarten a truly unique and welcome addition to the Hoboken community, both creating and filling a niche that before lay unfortunately unfilled.
Beer garden, revisited
Nestled in the lesser-populated uptown section of Hoboken at 1422 Grand St. where parking is actually available, visitors are initially greeted by the giant brushed iron and wood arched gates that separate their large outdoor dining section from the street, with "BIERGARTEN" printed simply across the top. Peeking over the wooden part of the gates are the tops of many, many beer kegs.
A walk down the outdoor corridor brings patrons through another set of iron and wooden doors reminiscent of old buttressed German hallways. Straight ahead, the first open-air hall, replete with its own bar and grill station, offers diners a large selection of wursts (sausages) and grilled meats they can purchase and bring to their tailor made-to-look-authentic benches and tables.
Take a left instead, and one finds oneself in another, larger hall with concrete floors, beer flags flowing from the vaulted, wooden-beamed ceiling, with a hip, artisan brushed-steel bar that runs the length of it. At the far end of the hall is yet another self-serve grill station. The walls are covered in vintage portraits and pictures taken from old European books as the old biergartens would boast.
The look of the place definitely evokes the traditional beer hall, but everything is brand new and created on site, by hand, by artists, Sebestyan said.
The large communal tables and benches seat between 20 and 30 people and give diners the feeling of being a part of a large family. In fact, many families love the place, Sebestyan explained. They have weekly "Sunday Family Fundays" geared toward keeping kids entertained while their parents enjoy an afternoon out.
"The kids love the ramp," Sebestyan said of the long and winding stairway alternative leading into the large hall. "The room is large and stroller-friendly." They also provide high chairs and food for children.
Amping up the live music
Speaking of ramps, and amps, the Pilsener Haus offers free, weekly live music in the large, spotlit space next to the ramp. Wednesdays are jazz nights, Thursdays are an eclectic mix of bands, and Sundays provide musical accompaniment to brunch. They've begun inviting bands for Saturdays as well. Sunday entertainment starts at noon, and nights begin at 8 p.m.
The first Wednesday of every month is an open jam fest hosted by the restaurant's music coordinator and Weehawken musician Jennifer Lampert, alongside Julio Fernandez, the guitarist for Spyro Gyra. The event draws up to 100 musicians. Seventy percent of the performers are local, Sebestyan said, and provide a welcome alternative to the restaurant's single television used on rare occasions.
Beer for one, beer for all
As Sebestyan explained, any biergarten worth its salt is all about the beer. Pilsener Haus does not disappoint, with 20 premium German draft beers, and around 50 European and American bottles.
While the classic and most drinkable drafts such as the Hefferweisens and the Blanche de Bruxelles are "here to stay" according to bartender extraordinaire Andrew Chambers, the beer offerings change monthly according with the seasons and the tastes of the customers.
Draft beers are offered in "flights" – or, samplings of four beers – between Monday and Thursday, depending on how busy the bar gets. Customers can choose their own, or tenders like Chambers are more than happy to offer their expert advice on just what to try.
Draft pricing is standardized at $7 for a half liter, $14 for a liter, and $18 for a pitcher. Bottles range between $6 and $10, though a select special few ring in at $25 for their higher alcohol content and/or quality.
The Blanche de Bruxelles on draft is a summer staple. "It's perfect for warmer weather, and great for outdoor consumption," Chambers said. It is a pale, cloudy gold Belgium beer spiced with coriander and orange, which lends it a slightly sweet and refreshing taste.
For those who prefer a less delicate beer, draft alternative Köstritzer Schwarzbier is dubbed "Germany's Guinness" for its roasted almond and coffee mocha notes, and its dark espresso bean color.
For the non-beer drinker, Pilsener Haus has a full bar and cocktail selection, as well as a selection of wines by the bottle and the glass. As an authentic alternative to, say, the typical Pinot Grigio or Chardonnay of every bar, try the 2010 Gobelsburg Grüner Veltliner at $36 for the bottle.
Green-tinged and light straw in color, the light-medium bodied Austrian wine delivers notes of melon, slate, and quince on the nose, and pleasant acidity and minerality with pleasing hints of fresh greens and lemon on the palate.
Beyond the brat
While the Pilsener Haus offers a wide selection of grilled brats, wursts, and kielbasas alongside a gigantic and popular, housemade Bavarian soft pretzel, renowned Chef Thomas Ferlesch infuses his authentic Austro-Hungarian repertoire of appetizers, entrees, and desserts with what most definitely qualifies as four-star flair.
This is not your grandmother's wiener schnitzel. This is the wiener schnitzel of every foodie's wildest dreams.
Ferlesch was a chef in Vienna, Austria for 33 years before he came to contend in what is arguably one of the most competitive cuisine scenes on the planet: New York City. His resume is a monument to itself with the four-star Vienna '79 at the top, and an eleven-year tenure as executive chef of the upper west side's Café des Artistes to back it up.
There is indeed green stuff here, atypical of many establishments that offer a similar cuisine. The "Haus salad" serves a large mound of fresh, spicy watercress alongside heaps of marinated lentils, beets, cucumbers, and red cabbage for $6. For those with a fondness for shellfish, Chambers extolled the virtues of the gigantic bowl of steamed Bier mussels. Around 40 mussels come bathed in a sofrito-flavored garlic, wine, and beer broth nicely spiced with chipotle for $11.
Entrees include organic, free-range chicken with arugula salad for $15, a 12 ounce strip steak with parsley potatoes for $24, and a twist on a sauerbraten served with pretzel dumplings for $17.
The Hungarian beef Goulash comes highly recommended. Simple, melt-in-your-mouth hunks of beef come perched atop a buttery pile of spätzle – small, roundish German egg noodle dumplings – and two house-made pickles that cleanse the palate for $15.
Another classic is Ferlesch's take on braised pork cheeks. His are smokey and melty with hints of caraway and marjoram and soaked in the Haus pilsner. They come with three light and airy potato and pretzel dumplings and a generous side of tangy, refreshing sauerkraut, also for $15.
For a sweet ending to a sweet meal, Ferlesch suggests the sache torte, homemade of course, which is a traditional Austrian chocolate cake laced with apricot preserves. "It's a must," he said.
Hours of operation
Pilsener Haus and Biergarten is located at 1422 Grand St. and is open Monday through Thursday from 5 p.m. to 2 a.m., Friday from 4 p.m. to 2 a.m., and Saturday and Sunday from noon until 2 a.m. For more information, call (201) 683-5465, or visit their website at www.pilsenerhaus.com.
Gennarose Pope may be reached at email@example.com


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The Ascension of Jesus Christ is one of the Great Feasts of the Orthodox Church, celebrated forty days after Pascha (and thus always falling on a Thursday).
Forty days after the Resurrection, while blessing His disciples (Gospel of Luke 24:50-51), Christ ascended into heaven, taking His place at the right hand of the Father (Gospel of Mark 16:19 and Nicene-Constantinopolitan Creed).
This article or section is a stub (i.e., in need of additional material). You can help OrthodoxWiki by expanding it.


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Counseling Services Conference Room Reservation
Counseling Services' conference room is available to all San José State University departments. Our conference room is located on the second floor of the Administration Building, room 269. If your department would like to use Counseling Services' conference room, please complete the reservation form listed below. Please contact us for information regarding the capacity, layout, and set-up of the room.


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On your next visit to Vegas, want to hit some cool places you've yet to discover? If so, Las Vegas Weekly magazine's "2013 Weekly Awards" may include just what you're looking for.
Some funky faves were among the Weekly's awards announced at a party Wednesday. They fall into more than 100 categories. Here are a dozen picks worth checking out:
- Best Cirque show: "The Beatles: Love" at the Mirage
- Best cocktail list for non-drinkers: Lakeside at Wynn
- Best gay bar: the Garage (1487 E. Flamingo Road, Las Vegas)
- Best hidden Strip treasure: Lemongrass at Aria, a restaurant at Aria
- Best live music venue: the Joint at the Hard Rock
- Best locals joint to take out-of-towners to: Fat Choy (595 E. Sahara Ave., Las Vegas) inside the Eureka Casino
- Best people watching: Hogs & Heifers Saloon (201 N. 3rd St., Las Vegas)
- Best person to follow on Twitter: Penn Jillette of Penn & Teller
- Best production show to bring visitors to: Absinthe at Caesars Palace
- Best tongue: Silencio tacos (made with duck tongue) at China Poblano at the Cosmopolitan.
- Best topless show: Peepshow at Planet Hollywood
- Most ambitious barman: Nathan Greene at RM Seafood in the Shoppes at Mandalay Place
The complete list of winners is available online.
Follow us on Twitter @latimestravel and like us on Facebook


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Are banks taking dangerous mortgage risks?
After we learned in 2007 and 2008 that banks in general had far too little capital as a protection against losses on their loans and investments, you would probably think that by now it would be difficult to find examples of banks continuing to lend several hundred times the sums they hold in reserves to protect depositors and taxpayers against the risk of picking up the bill when borrowers default.
You might think that, but according to the banking team at Morgan Stanley you would be wrong.
In gripping and slightly alarming research published this morning, Morgan Stanley cites £143bn of high quality mortgages on the books of Lloyds - and it calculates that Lloyds holds just £314m of capital against the specific risk of these mortgages going bad.
In other words, Lloyds seems to have lent 455 times the value of the capital earmarked in its balance sheet to absorb losses, just in case these mortgages go bad. To put this in another way, just 0.2% of these mortgages would have to go bad for this capital to be wiped out.
Now Lloyds may be right that these really are the most succulent and prime of loans, where the probability of them going bad really is more or less zero.
But history, especially recent history, would probably remind us that by the time a bank has lent £143bn to any sector, the idea that there is a negligible risk of default is naive (at best).
The important question, however, may be how it is that Lloyds and the other big banks are allowed to lend such large multiples of their protective capital in the form of mortgages?
It is all down to our old friend, the Basel Rules, which attach risk-weights to different categories of loans. And in this instance, the culprit (if that is the right word) is the permission that was given under so-called Basel ll to the biggest banks to use their own internal risk models to determine the riskiness of categories of loans and - by implication - the amount of capital they need to hold as a protection against the souring of those loans.
The role of regulators, in this system, was to approve the risk models. But once that had been done, banks had discretion to decide the riskiness of different kinds of loans. And what won't surprise you is that banks' model all came to the conclusion that their own mortgages were significantly less risky than the standard Basel rules implied.
Just to remind you (needless I am sure), the current convention is that banks need in general to hold equity capital equivalent to around 10% of their loans. But this is not 10% of their gross loans and investments, but 10% of their loans adjusted for the putative riskiness of said loans.
So, for example, if all loans were perceived to be equally risky, then Lloyds would have to hold equity capital equal to 10% of that £143bn portfolio of high quality mortgages, or £14.3bn. But Lloyds believes that the probability of these loans going bad is negligible, as I have already mentioned, so its own regulator-approved risk model attaches a risk weight to the loans of 2.2%.
In other words, Lloyds - with the support of the Financial Services Authority - says that the risk-weighted value of these loans is just £3.14bn, and therefore it holds capital equivalent to 10% of that low number as a buffer to absorb losses on the entire £143bn gross value.
If you were to think that is slightly bonkers, you might not be alone.
Now this freedom given to banks to decide their own risk ratings, or what is known as the Internal Ratings Based Approach to determining capital, yields the following consequence for our biggest banks: they all hold relatively modest amounts of capital against their large books of mortgages.
So Lloyds, for example, attaches a risk weight of 16% on average against its entire book of mortgages. And in case you think Lloyds is being singled out as somehow taking an unusually optimistic view of the risk of mortgages going bad, that would be wrong.
According to Morgan Stanley, HSBC, Barclays, Santander and Nationwide all take a rosier view than Lloyds of the likelihood of default by homeowners. They respectively attach risk weights to their mortgage books of 15%, 15%, 14% and 11%. Only RBS, for reasons that are unclear, uses a much higher risk weight of 27% on its mortgage book.
Just to repeat, what that would mean is that when Nationwide, for example, lends £100,000, it attaches a risk-weighted value to that loan of £11,000 - and then holds capital equivalent to 10% of that £11,000, or £1100, to cover the danger of that loan going bad. Which would imply that Nationwide is frequently lending not far off 100 times the value of its capital.
Now the reason Morgan Stanley has been taking a keen interest in all of this is because of the noises coming out of the Financial Policy Committee - the new macro regulatory arm of the Bank of England currently working in an informal capacity but soon to have statutory powers - that the capital banks hold against mortgages is too low.
Or to put it in the jargon, the Bank of England may well try to reduce the so-called leverage in the mortgage market.
It would want to do this for three reasons:
- It is not beyond the realms of possibility that the UK housing market could at some stage lurch downwards, foisting bigger losses on banks than their dedicated capital could absorb
- When a category of loans, such as mortgages, benefits from such low risk weights, it can distort the economy, by giving incentives to banks to provide mortgages rather than other (potentially more useful) types of loans
- If the housing market were ever to recover properly, the low risk weights could fuel another dangerous bubble
But there is a non-trivial problem with moving fast to remedy this alleged flaw. If banks were told, for example, to very rapidly increase their risk-weight for mortgages to the Basel standard of 35%, as has been recommended in Switzerland, they would either have to raise many billions of new capital (£17bn says Morgan Stanley), which would neither be cheap or easy right now, or - which is far more likely - they would simply shrink the amount of credit they provide in the housing market.
And at a time when a weak UK housing market is contributing to our economic malaise, a further tightening of credit conditions would be regarded as highly unwelcome by the Treasury - and it would go against the grain of government and Bank-of-England policy, in the form of their Funding for Lending scheme to provide more and cheaper loans to households and businesses.
So, as ever with the imperative of fixing what went wrong during the boom before the great crash of 2007-8, it is pretty obvious what needs to be done to provide a more stable financial system. Unfortunately, in the short term, the cure can hurt us all.