This is a program where funds are made available to a local entity that then oversees its disbursement to the New York Police Department.
According to documents filed Monday with the U.S. Securities and Exchange Commission, the IPO would be conducted by MGM Resorts International's joint venture with Pansy Ho, a local entity, though the timing and terms have not been determined.
Of course, a wealthy investor could theoretically buy a newspaper and bequeath it to a local nonprofit entity upon his or her death.
In that case, as in New Orleans, the levees were designed by the Army Corps of Engineers and then turned over to a local government entity.
After the Yellow Pages, the local newspaper is the only entity in many towns with relationships to most other businesses.
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This failure can only be corrected if the councils give up either their powers of enforcement to local police or some other entity disinterested in the financial outcome of such enforcement or give up the financial benefit from penalty notices.
The proposed LEI system in this paper relies on the at-source creator of the legal entity and its local certifying agent (an internationally recognized auditor, law firm, perhaps a local exchange or business registry owner or other trusted source) to ensure the accuracy of data.
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But I disagree when he says we need a new entity to come along to replace or centralize local papers.
Local governments encouraged the formation of a new kind of financial entity, which would charge prospective borrowers a fee and, in exchange, serve as a guarantor to the bank, pledging to pay for any losses in the event of a default.
Rather than have that be held by an entity of Singapore, whose own media is tightly controlled, "Temasek should sell these off to local investors, " Korn says.
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