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Economist Allen Sinai sees brighter days ahead in U.S.

By Maria Saporta

For the first time in several years, national economist Allen Sinai is thrilled to be able to share an uplifting view of the economy.

Sinai was the keynote breakfast speaker at Wednesday’s Capital Connection, a networking conference put on by the Atlanta chapter of the Association for Corporate Growth at the Cobb Galleria.

“We are on the right side of the business cycle,” Sinai told the audience of about 350 people. “The message to you is a positive one. It will get brighter in terms of business opportunities.”

Sinai said this is the “best part of the business cycle,” when a recovery is just beginning to take off. He predicted that for

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Paula Rosput Reynolds reflects on her year at AIG

By Maria Saporta
Friday, February 4, 2011

As the restructuring officer for American International Group Inc. in 2008 and 2009, former Atlantan Paula Rosput Reynolds had a front-row seat to the largest corporate bailout ever and the inner workings of Wall Street.

Reynolds has now had a year to reflect on her AIG experience. During a visit to Atlanta Jan. 31 that included a speech to the Rotary Club of Atlanta, she summarized her thoughts about AIG.

“First, regulators were asleep at the wheel,” she said.

Second, Reynolds said that when the government intervenes in rescues or

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Michael Thurmond joining Butler, Wooten & Fryhofer trial law firm

By Maria Saporta

Former Georgia Labor Commissioner Michael Thurmond is joining the law firm of Butler, Wooten & Fryhofer, a nationally-known trial law firm that has taken on major corporations.

Thurmond, who lost his race as the Democratic candidate for U.S. Senate in November, said he had been talking to one of the firm’s founding partners, Jim Butler, about possibly joining the firm if his Senate bid did not succeed.

“I would have had to be a complete dunce not to know that it was a long shot campaign,” Thurmond said in an interview Monday. “I had to have a Plan B, and this was a perfect fit.”

In his role with the firm, Thurmond’s practice

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New Cobb company — SFS — adding 200 jobs for a total of 600

By Maria Saporta

At the Cobb Chamber of Commerce’s First Monday breakfast today, CCH Small Firm Services (SFS) announced that it will consolidate its national operations — adding 200 jobs in Kennesaw in the next 18 months, giving it a total of 600 employees.

SFS is a division of Wolter Kluwer, a global financial and information services enterprise based in Amsterdam. CCH is based in Chicago, and SFS now is based in Kennesaw.

The company will be moving employees from its offices in Fort Pierce, Florida this spring and it will move workers from its offices in Caribou, Maine in the spring of 2012.

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MARTOC’s Jacobs looking at ways to help MARTA, supports transportation bill

By Maria Saporta

It is essential for metro Atlanta to pass the regional transportation funding bill in August, 2012, according to Georgia Rep. Mike Jacobs, who is the new chair of the legislature’s MARTA Oversight Committee (MARTOC).

“It’s a critical time for transportation in the state,” Jacobs told people attending the Sustainable Atlanta Roundtable Friday morning. “It’s a good bill, and it’s a workable bill.”

Jacobs was asked, however, how he reconciles his views on passing a regional penny sales tax with his MARTOC role, when the funding bill prohibits any of the new revenue being

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Column: Missy Dugan named interim CEO of Atlanta’s Boys & Girls Clubs

By Maria Saporta
Friday, January 28,2011

Leadership at the Boys & Girls Clubs of Metro Atlanta is in transition.

William Lampley, who became CEO and president of the organization about two years ago, has decided to return to the real estate industry because of some entrepreneurial opportunities.

His last official day was Jan. 27. But Lampley will continue to be involved with the organization, according to Brent Wilson, a partner with employment law firm Elarbee, Thompson, Sapp & Wilson LLP, who chairs the board of Atlanta’s Boys & Girls Clubs.

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New ‘love fest’ for Obama, U.S. Chamber of Commerce

By Maria Saporta
Friday, January 28, 2011

Before the Nov. 2 election, the U.S. Chamber of Commerce was leading the charge to get more pro-business leaders elected to Congress — spending millions of dollars to successfully elect dozens of new congressional representatives.

At the time, the chamber — chaired by Atlanta’s Tom Bell — was railing against the anti-business sentiment that it believed existed in the administration of President Barack Obama.

But much has changed in the past two months.

“It’s a love fest,” joked Bell, former CEO

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Temporary public art to return to Atlanta’s BeltLine corridor

By Maria Saporta

One of the highlights of last year was discovering public art along the Atlanta BeltLine corridor. The works by local artists were up several months, and they provided an element of unexpected surprise for the urban pioneers who venture on walks along the transformational corridor.

The temporary public art exposition was so successful that BeltLine leaders are launching another “Art on the BeltLine” exhibit for this fall.

Atlanta BeltLine Inc. has just announced that it has issued a Request for Proposals from artists who would like to participate in the 2011 version of the Art on the BeltLine

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Georgia Research Alliance facing crippling cuts

By Maria Saporta and Urvaksh Karkaria
Friday, January 28, 2011

The Georgia Research Alliance, a 20-year-old initiative that has made the state a model for bringing cutting-edge scientific research into the commercial marketplace, is being threatened with a massive budget cut as Georgia lawmakers look to plug an up to $2 billion shortfall.

Gov. Nathan Deal’s budget calls for GRA funding to crater nearly 75 percent — from about $17 million currently to $4.5 million in fiscal 2012.

The public-private partnership between Georgia’s six research universities, businesses and state government is charged with transforming university breakthroughs

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Deal to make it easier for counties to go after transportation loans

By Maria Saporta

In a luncheon talk to the Association County Commissioners of Georgia Tuesday, Gov. Nathan Deal told county leaders that he would make it easier for them to receive state loans for transportation projects.

The Georgia Transportation Infrastructure Bank, an arm of the State Road and Tollway Authority, has been available to counties that want to improve their roadways.

But the bank has had a rather onerous requirement for local participation before counties can access those funds. The state has set aside $33.1 million for this program.

“Not one single loan has been approved,” Deal told the commissioners before

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Speaker Ralston honored by Georgia Trend and Reed; views on MARTA, MARTOC, high speed rail

By Maria Saporta

It was David Ralston’s day in the sun.

Georgia House Speaker David Ralston was honored Thursday as Georgia Trend’s Georgian of the Year, receiving accolades and a standing ovation from many of the people attending the 100 Most Influential Georgians lunch.

But it was Atlanta Mayor Kasim Reed who showered the most praise for Ralston.

“David Ralston has brought dignity back to the Georgia General Assembly,” Reed said, adding that he was pleased “civility” was becoming a political focus. “The speaker was already there. He is a conscientious,

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Gov. Nathan Deal shows he is open to people and new ideas

By Maria Saporta

In three separate events this week with Gov. Nathan Deal, it was refreshing to see the new governor at play.

Monday evening, Deal attended the United Way of Georgia reception. Tuesday morning, he was at the Georgia Chamber of Commerce’s Eggs & Issues Breakfast. And on Wednesday, it was the annual meeting of the Buckhead Coalition.

At each of those events, it was clear that Deal actually enjoys being around people and does his best to make them feel comfortable. Both of those traits set him apart from his predecessor, the former Gov. Sonny Perdue.

The United Way event was particularly

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Column: Woodruff Foundation funds Georgia history spots on Georgia Public Broadcasting

By Maria Saporta
Friday, January 21, 2011

Nov. 15, 1864 — Gen. William Sherman began his march of destruction in Georgia.

Dec. 7, 1946 — The historic Winecoff Hotel in Atlanta burns to the ground, killing 119 people.

Oct. 14, 1964 — Martin Luther King Jr. wins the Nobel Peace Prize.

Jan. 29, 1977 — Andrew Young is named U.S. Ambassador to the United Nations.

July 19, 1996 — The Summer Olympic Games begin in Atlanta.

Such moments soon will be immortalized as part of the “Today in Georgia History”

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Sen. Johnny Isakson says Congress faces tough issues

By Maria Saporta

During Tuesday night’s State of the Union address, U.S. Sen. Johnny Isakson (R-Georgia) will be sitting next to a Democrat — U.S. Sen. Jeanne Shaheen (D- New Hampshire).

Though it’s a symbolic gesture to get Democrats and Republicans sitting together, Isakson said that the lame duck session proved that it’s possible for the two parties to work together.

Isakson, who was the keynote speaker at today’s Atlanta Press Club’s Newsmaker luncheon, said Washington,

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Pete McTier tapped as interim CEO of foundation group

By Maria Saporta

The Southeastern Council of Foundations has named Pete McTier as its interim president and CEO.

McTier, who retired as president of the Robert W. Woodruff Foundation in 2006, will begin his new role on Feb. 1. McTier continues to serve as a trustee of the Woodruff Foundation as well as its sister foundations: the Joseph B. Whitehead Foundation, the Lettie Pate Evans Foundation and the Lettie Pate Whitehead Foundation.

During his philanthropic career, McTier has been active in national and regional foundation associations, including

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Arby’s Moddelmog cautious in discussing possible sale

By Maria Saporta

It could not have been a better night or a worse night to have Hala Moddelmog as a keynote speaker.

On Thursday morning, the news broke that Atlanta-based Wendy’s/Arby’s Group was willing to sell its Arby’s brand. The company announced that it had hired USB Investment Bank to investigate the options for Arby’s Restaurant Group Inc., including a possible sale of the brand.

Moddelmog, president of Arby’s, had agreed weeks if not months ago to speak at the Jan. 20th meeting of the Association for Corporate Growth-Atlanta at Villa Christina. At that time, she had no idea her talk would coincide on the

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New airport GM Miller pleased with concessions response

By Maria Saporta

At a board meeting of the Metro Atlanta Chamber Thursday morning, the new general manager of Hartsfield-Jackson International Airport said he was delighted with the response to the bidding process for new concessionaires.

On Wednesday, Hartsfield-Jackson held its “Industry Day” to give potential bidders an opportunity to learn more about the process and the opportunities.

“We had between 400 and 500 people there,” said Louis Miller, who became Atlanta’s new airport general manager last fall, after the meeting. “We have very few people upset with how we put the proposals together.”

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Atlanta loses a key citizen with the passing of Don Gareis

By Maria Saporta

It was always a pleasure to receive hand-written letters from Don Gareis.

In his elegant penmanship, Gareis always had a supportive and positive message about a column I had written or observation that he had on Atlanta’s business and civic community.

And he always would sign off each letter with the following: “Your No. 1 fan.”

So when I heard Gareis had passed away on Jan. 13, I immediately felt the void he had left behind, not only my life

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Column: Local growth funding bill makes 2nd try in legislature

By Maria Saporta , Staff Writer
Date: Friday, January 14, 2011

After a nearly passing last year’s Georgia General Assembly, a bill will be reintroduced early in this session to allow local communities to pass a fraction of a penny sales tax for economic development and the arts.

A coalition of cities, counties, and arts and cultural organizations, known as Georgia Communities for Growth, is pushing for a bill that would give communities unprecedented flexibility for a new revenue stream.

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Airport seeking bids for concessions

by Dave Williams and Maria Saporta
Date: Friday, January 14, 2011

Atlanta’s airport is seeking bids for its lucrative food and beverage concessions for the first time since before the Olympics came to town.

Promising a fair and transparent process, city officials have invited potential bidders to a daylong Industry Day, an information session set for Jan. 19 at the Georgia International Convention Center adjacent to Hartsfield-Jackson Atlanta International Airport.

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