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DTSTART;TZID=America/New_York:20140711T000000
DTEND;TZID=America/New_York:20140711T000000
DTSTAMP:20140711T040000Z
CREATED:20140711T040000Z
LAST-MODIFIED:20140711T040000Z
UID:4600-1405036800-1405036800@limba.net
SUMMARY:John Kanas\, President Bank United
DESCRIPTION:It  was a pleasure to have an old friend of LIMBA return. John Kanas has  the reputation of being unassuming and well-grounded and that is exactly  what we saw this morning. \n  \nMr.  Kanas took us through the chronology of his development. He began as a  middle school teacher doing reasonably well when he was offered a job as  a bank teller which paid less than half of what he was earning as a  teacher with a much shorter vacation. He refused the job but he had an  ambition to earn his MBA and become a lawyer so he turned back for a  moment and asked if they had a tuition reimbursement plan. They didn’t  have such a program\, but they wanted him work at this three branch\,  rural institution called North Fork Bank so they said yes. He took the  job thinking I’ll hang around here until I get my MBA on their dime and  then I will pursue law. \n  \nSomeone once said “life is what happens while you are making other plans.” \n  \nTo  hear him tell his story\, life is serendipity. That is to say your  fortunes are found\, whether or not you are looking for them. There is\,  of course\, some truth to that notion\, but successful people have vision  and real skills. He found that he liked what he was now doing and was  quite successful at it. His advancement eventually put him in charge as  president and he began growing the bank until it became the large  regional bank that was well known on Long Island and New York. \n  \nMr.  Kanas came to North Fork Bank when it could have been purchased for $1  million. It was eventually sold to Capital One for $16 Billion. \n  \nAfter  he left Capital One John gave himself a time-out and later began  looking for depressed banks to acquire for Wilbur Ross. Ross was an  investor that looked for depressed companies. Among the banks that Kanas  looked at was Bank United. He offered $1Billion for Bank United but the  federal regulators said the bank was viable and was not available for  sale. Then the crash came and the bank was in shambles. They called  Kanas and his investors back. They eventually paid nearly a billion  dollars. The day his team took over there were crowds of people on the  street demanding their money. I suggested to John that the film “it’s a  Wonderful Life” took on new meaning\, he agreed. \n  \nThe  new entity is actually doing quite well at this point and is growing by  $1 Billion every 90 days. Does lightning strike twice? Maybe. \n  \nErnie Fazio \n  \nToday’s  program was sponsored by Austin & Williams Advertising represented  by Ken Greenberg and the law firm of Bond\, Schoeneck & King  represented by Bernard Kennedy \n  \nThank You for your support \n 
URL:https://limba.net/calendar/john-kanas-president-bank-united-2/
LOCATION:NY
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DTSTART;TZID=America/New_York:20140725T000000
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DTSTAMP:20140725T040000Z
CREATED:20140725T040000Z
LAST-MODIFIED:20140725T040000Z
UID:4599-1406246400-1406246400@limba.net
SUMMARY:Lee Zeldin
DESCRIPTION:This morning our speaker was Lee Zeldin. Mr.Zeldin is the Republican candidate that is running for congress in the 1st congressional district  The candidate is impressive as a person when you consider  his education and his military service. \nHe spoke about his participation in the repeal of the MTA tax that LIMBA championed. He noted his great displeasure with the so-called Common Core agenda. Neither of these issues are that controversial with most of Long island voters. He alleged that his opponent\, Mr. Bishop\, was out of touch with his electorate\, and not a moderate. All of this went over very well with this mostly Republican audience. \nWhen it came to the Q&A of the program he was less sure of himself.  When he was asked if he would take a bold stand against the party as last month’s speaker \, Peter King \,did when he blasted them for    blocking   Sandy funds\, he was evasive. However he did state that\, at times he differed with the party on a state level in his role as a state senator. \nWhen asked to explain why the congress has done nothing on infrastructure\, immigration\, basic research funding\, and a farm bill\, and what he would do to make things better. his answers were not fully developed.  I don’t think that being vague should be held against him because nobody in Washington has been leading the way.  Did he make his case that he could do a better job than the incumbent?  He made a case that he is a decent human being\, but that’s not the point\, we knew that. \nI told Lee as he was leaving that I would like to see him promote a long time LIMBA  goal of building a Maglev train on Long Island. Supporting such an industry would provide a minimum of 20\,000 high paid jobs on Long Island and 20 million jobs nationwide. In the end it’s about creating a better country\, he agreed. I also told him that if he did prevail that LIMBA would always be there for him as an avenue to speak to the voters. \nErnie Fazio \nI want to thank my partner Bill miller\, Michelle Zere for making this meeting truly successful\, Annette Krause\, Ken Nevor \, Roger Ulanoff\, Zee Morrissy Joe Ogno and Peter Vannucci \nPatriotic Music was provided by The New Millennium Jazz Band \nColors were presented by the Boy Scouts and Cub Scouts represented by Kyle\, Tyler\, Hunter\, and Chase Zere \nOur Sponsor was the Atlantic Agency represented by Maddy Leibowitz
URL:https://limba.net/calendar/lee-zeldin/
LOCATION:NY
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