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httpy/www.thecharlottepost com 8C Cliarlotte ^ont BUSINESS THURSDAY, JANUARY 19, 2006 Sports 1C KC. banker among die indusmTs top women Durliain-based Mutual Community Saving’s Sylver on most powerful list By Herbert L. White herb.whiled thecharlotlepostx'om One of the most powerful women in banking works for a black-owned institution in North Carolina. Donna Sylver, chief financial officer and senior vice president at Durham-based Mutual Community Saving Bank was named one of the most powerful women in the industry by U.S. Banker magazine. The publication dtes Sjier’s strategies lhat helped Mutual achieve a 170 percent increase in net income in a year while improving efficiency “Receiving this recognition, and being one of the cover girls, as we were affectionately called during the magazine’s photo shoot, was with out a doubt a great honor,” Sylver said. “But of course, the true success comes as a result of the great leadership and an awesome team hae at the bank that has had to dig in with their cleats and make things happen.” Sjdver started her banking career as a budget manager at Pioneer Savings Bank, where she launched its budget department ifrom the ground up. At Mutual, she’s worked on restructuring the treasury and accoimting departments as well as payroll, human resources and information technol ogy “We are extremely fortunate in having a profes sional of Donna’s caliber as a leader and an inspi ration at MCSB,” bank President ^Wlliam Smith said “She is one of the most gifted and talented individuals anywhere.” Sylver FOMB S 14 27 le 8 CKMMS snT jtuiLZS se thru MED (MJIC1.9 ^ iLSZtisz & . 831833 8838 aaS-«9r»447e-1.71l ; UU> UTMHERS GTech, Scientific Games to bid for N.C. lottery By Gary D. Robertson WE ASSOCIATED PRESS RALEIGH - The two top rivals in the U.S. lottery business will square off for North Carolina’s two lottery contracts after all. Sdentinc Games Corp. and GTECH Holdings Corp. each submitted bids Friday for both the scratch-off tickets and online, or automated num bers contract with the North Carolina Education Lottery, a lottery commission spokeswoman said. The bulky bundles of paperwork were wheeled into the Department of Administration building in downtown Ralpigb before the 4 p.m. deadline. The Mitry of Rhode Island-based GTECH for the instant-ticket game contract was surprising because last month it submitted a letter of intent to bid only for the online games. GTECH had said it was unable to team up with a ticket printer to meet the demands of the North Carolina Education Lottery But company spokeswoman Angela Wiczek said late Friday that GTECH subcontracted with Oberthur Gaming Tbchndogies to print tickets. Oberthur. based in Canada, had said it would sub mit its own bid on the scratch-off tickets, but didn’t do so Friday. The separate seven-year contracts could generate tens of millions of dollars in revenue annually fiir the winners. Lottery executive directs Tan Shaheen has said he wants to make a recommendation on the ven dors to the ccanmissioners by eaiiy February See GTECHy7C HOPE FOR NEW ORLEANS KIDS ASSOCIATED PRESS PHOTO/JUDI BOTTONI Yoshio Jackison, 11 years old, carries a fried rockshrimp with creole tartar sauce dish at Cafe Reconcile restaurant In New Orleans, as Craig Cuccia, rear, watches. Cafe Reconcile, co-founded by Cuccia in 2000, works with teenagers in danger of being swallowed up by life on the streets, teaching them skills they need to work in the city’s restaurant industry. At the same time, the nonprofit eatery fuels economic growth and gives local folks a place to meet After Katrina, cafe searches for at risk teens that haven’t returned By Mary Foster THE ASSOCIATED PRESS NEW ORLEANS — The little restaurant in an old store serves up some of the city’s finest cuisine, but it isn’t listed on the many tour guides that ste^ gourmets to the likes of Galatoire’s or Commander’s Palace. Still, in a dty were food is a mqjor inter est, those in the know have discovered Cafe Reconcile and flock to it for what one customer calls “Southern cooking with New Orleans flair.” Started as an experiment in 2000, Cafe Reconcile works with teenagers in danger of being swallowed up by life on the streets, teaching them skills they need to work in the city’s thriving restaurant industry At the same time the nonprofit eatery was also fueling economic vitality and growth in the area and giving local folks a place to meet. ‘Tt gives people a place they can come to and afford a meal,” said Charmane Baker- Fox. The cafe was up and running again by Oct. 10, spared fix>m the widespread flood ing fix)m Hurricane Katrina. However, workers still had to cope with the storm damage, coolers full of rotting food and the nearly deserted city Although only four of the 10 to 12 employees returned after the storm, the restaurant is serving lunch—its famed red See AFTER/7C Pa. court upholds ruling against predatory loans By Mark Scolforo 7H£ ASSOCIATED PRESS HARRISBURG, Pa. - Predatory mortgage loans that target black home buyers can amount to housing discrimina tion under the Pennsylvania Human Relations Act, a state appeals court ruled Friday A three-judge Commonwealth Court panel said the state Human Rdations Commission had the authority to issue $185,000 in embarrassment and humilia tion damages but said $700,000 in actual damages must be recalculated. It also upheld a $25,000 civil penalty against Elkins Park mortgage brokers McGlawn & McGIawn Inc. and company co-foimder Reginald McGlawTL The damages were awarded to 10 customers of McGlawn & McGlawn, which advertised aggressively in the Philadelphia market, concen trating on black radio and in black newspapers. Sixty-five of 66 mortgage applications in whidi the bor rower’s race was identified involved black customers, according to tiie ruling. Pennsjdvania Human Relations Commission attor ney Charles L. Nier III said mortgage companies and financial institutions have pre viously been found in violation of anti-discrimination laws, but the McGlawn case is an apparent first in the coxmtry involving a mortgage broker. “This goes a long way to vin dicating the commonwealth’s interest in eradicating unlaw ful discrimination,” Nier said. Judge Robert Simpson wrote in a 38-page opinion that the brokers loaned more than applicants asked for, discour aged cancellations within See COURT/7C Development plans dropped for dairy farm near historic settlement THE ASSOCIATED PRESS PALESTINE, Ohio-A devel oper has dropped plans to locate a 2,000-head dairy farm near one of the first black pio neer settlements in Ohio, a site that supporters intend to restore. The Hudson, Mich.-based Vreba-Hoff • Dairy Development Corp. has decid ed against putting the farm next to the Longtown settle ment near this tiny western Ohio village, spokeswoman Cecilia Craiway said. “We did not realize the full historic significance of Palestine as an eariy settle ment for fiee African- American farmers,” Conway said. “As we explored the com munity and listened to con cerns expressed by residents and historians, we came to rec ognize that our farm could have an unintended impact on plans to restore the Longtown settlement as a tourist destina- ticn." CcHiway said the company is exploring other sites in the sur rounding area. Supporters of Longtown had feared that pollution, odor and traffic generated by the farm would drive away tourists and hinder fundraising to restore the settlement. Longtown was established in the early 1800s by blacks who migrated fiom the East. The farming community founded by James Clemens was popu lated by craftsmen and had schcx)ls of higher education that attracted blacks fix)m around the nation. In 1880, nearly 1,000 people and himdreds of buddings made up Longtown. Gradually, residents left for jobs in dties, and white farmers bou^t the smaller black farms. Tbday only a few of the original fami lies and buildings remain. The heart of the settlement is the Clemens farmstead, which COTisists of a red brick farm house and a bam. Nearby is a cemetery with about 200 graves. The Union Literary Institute, a vocational school founded by Longtown resi dents and anti-slavery Quakers in 1845, bought the farmstead to prevent its demo lition. It is raising money to match a federal grant that will fund restoration. Opponents of the farm applauded Vreba-Hoff”s deci sion. “How sweet it is,” said Jack See PLANS7C mmo\
The Charlotte Post (Charlotte, N.C.)
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Jan. 19, 2006, edition 1
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