dChan
Anonymous ID: 04758b Jan. 22, 2020, 8 a.m. No.7875282   🗄️.is 🔗kun   >>5338

went back and scanned

#10077 posted in #10078

notables, not endorsements

>>7874347 Printable 3x5 'Q-Card' for normies.

>>7874382, >>7874623 AG Barr to announce the establishment of the Presidential Commission on Law Enforcement and the Administration of Justice

>>7874388 Obama holdovers Eric Ciaramella and Sean Misko discuss removing Trump just days after Trump sworn in

>>7874392 DoD Twat: "The beginning of the end..Battle of Anzio..."

>>7874416, >>7874448, >>7874654, >>7874728, >>7874793, >>7874849 pf reports

>>7874437 Architect of C.I.A. Interrogation Program Testifies at Guantánamo Bay-nytimes

>>7874444 Manzoni prepares to quit as civil service chief

>>7874477 POTUS on his Administration's latest trade accomplishments and goals for the future:

>>7874498, >>7874500 Article Suggests Bezo Divorce prompted by MbS Initiated WhatsApp Hack

>>7874569 President Trump! tweets

>>7874672 Live: Attorney General Barr holds event at the Justice Department

>>7874757, >>7874764 Tulsi Gabbard is suing Hillary Clinton and the first page of the filing is WILD AF-anon description

>>7874792 DARPA’s latest mad science experiment: A ship designed to operate completely without humans-defense news.com

>>7874900 Upper house speaker suggests Russian diplomats be banned from holding second citizenship- tass

>>7874930 S&P, Nasdaq hit new highs on waning China virus fears, earnings

>>7874941, >>7875047 US Navt Twat: "@flynavy in action aboard the Ford!..."

>>7875043 CBS gives up on impeachment, returns to regularly scheduled programming

>>7875099 Chuck fucked Live! on impeachment

>>7875102 WH Twat: "Happy Anniversary President@realDonaldTrump and @FLOTUS!"❤️

Anonymous ID: 04758b Jan. 22, 2020, 8:21 a.m. No.7875480   🗄️.is 🔗kun

Real estate developer in $240 million deal to buy Philadelphia refinery

 

Real estate developer Hilco Redevelopment Partners has entered into a $240 million agreement to purchase the Philadelphia Energy Solutions oil refinery, which was the largest and oldest on the East Coast, according to court documents on Wednesday. Chicago-based Hilco submitted the winning bid, which includes an escrow amount of $30 million, in an auction last week for the Philadelphia site, documents filed with the U.S. Bankruptcy Court for the District of Delaware show. The sale still needs to be approved by the bankruptcy court, and Los Angeles-based developer Industrial Realty Group, LLC, was selected as the backup bidder, the documents show.

 

The plan is scheduled to be submitted to the court for approval on Feb. 6.

 

PES filed for bankruptcy on July 21 and put its 335,000-barrel-per-day plant up for sale a month after a fire and explosions destroyed part of the refinery. With PES’s closure, more than 1,000 workers were laid off, including 640 local United Steelworkers members. Hilco, which has acquired 5,000 acres (2,023 hectares) in North America, specializes in redeveloping obsolete industrial sites, dimming the prospect that the PES complex will be revived as an oil refinery.

 

Philadelphia Mayor Jim Kenney said in a statement that while the city expects challenges and years of work ahead, it is optimistic Hilco will develop the more than 1,300-acre site in a way that is more environmentally friendly and contributes to the regional economy. “We welcome the selection of Hilco Redevelopment Partners as the winning bidder for the refinery site,” Kenney said.

 

City officials met with bidders during last week’s auction and were briefed on the track records of the various parties, but they were not given specific details of the proposals. Hilco did not respond to requests for comment on its plans for the South Philadelphia site, which has been used to store and process hydrocarbons for about 150 years.

 

However, a stakeholder who was briefed by Hilco representatives in the days leading up to the auction said the company intended to use part of the site for light industrial purposes, including storage. More than a dozen groups showed initial interest in buying PES, but only one publicly stated intentions to revive the site as an oil refinery at full capacity.

 

A sale to a real estate developer, either Hilco or IRG, does not preclude former bidders from leasing space on the site, according to two sources familiar with other proposals for PES.

https://www.reuters.com/article/us-pes-bankruptcy-sale/real-estate-developer-in-240-million-deal-to-buy-philadelphia-refinery-idUSKBN1ZL220

Anonymous ID: 04758b Jan. 22, 2020, 9:14 a.m. No.7875842   🗄️.is 🔗kun

Morgan Stanley executive Rich Portogallo to retire: memo

 

financial weenie…"retiring".

 

Veteran Morgan Stanley (MS.N) executive Rich Portogallo, who was key in building the bank’s prime-brokerage business, is retiring, according to an internal memo seen by Reuters on Wednesday.

 

Portogallo spent more than three decades at the Wall Street investment bank, and was well liked by colleagues for what one executive described as his tireless work ethic and calm, wise approach to stressful situations. “There is no name more synonymous with the prime brokerage business at Morgan Stanley than Rich Portogallo,” Ted Pick, the bank’s chief of trading and investment banking, said in the memo.

 

Pick wrote that Portogallo’s “humility and calm in the storm” will live on through the “enduring … personal client relationships” he forged and that the bank now benefits from. Portogallo started at Morgan Stanley’s prime brokerage business in 1986, and over two decades made it the industry’s go-to firm for hedge funds and big trading customers, the Wall Street Journal reported earlier on Wednesday.

 

Morgan Stanley is usually at or near the top of prime brokerage and equities trading rankings. Prime brokers provide services to hedge funds and other large investors, including help with trading and raising money. Portogallo most recently served as the bank’s global head of institutional equities, clients and services.

 

He is expected to be out of the office by mid-March, according to the memo. The bank has not yet named a successor.

https://www.reuters.com/article/us-morgan-stanley-moves-rich-portogallo/morgan-stanley-executive-rich-portogallo-to-retire-memo-idUSKBN1ZL290