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    Brocade: Building a reliable foundation for expanded data center virtualization

    Tuesday, May 21st, 2013

    In an effort to meet the growth challenges associated with global expansion and distributed business environments, IT organizations are embracing server and storage virtualization to support business strategies that are more fluid, more cost-effective, and better able to support a dynamic workforce. As they do so, however, many organizations are finding that a more holistic data center virtualization strategy is necessary to meet the management, scalability, and reliability issues related to virtualization deployments.

    The Brocade® Data Center Fabric (DCF) architecture provides a strategic foundation for transforming today’s IT infrastructures into next-generation, virtualization-enabled data centers.

    This architecture allows organizations to manage a growing and dynamic IT environment from the perspective of the application stack—leveraging built-in fabric intelligence and a scalable, open architecture to support reliable, flexible, and cost-efficient data access and delivery.

    This Brocade white paper includes:
    Virtualization trends and the issues IT organizations face
    A holistic Brocade data center virtualization strategy
    The specific Brocade products, solutions, and services that enable data center virtualization

    © 2011 AMEINFO (www.ameinfo.com)

    Bond ETFs for Investors Worried About Rates

    Tuesday, May 21st, 2013

    The competition is heating up in the market for exchange-traded funds that mature like bonds—and that is good news for investors worried that interest rates might rise.

    Last month iShares unveiled a long-awaited expansion of its lineup of such ETFs, which, like a bond, are designed to pay out an income stream and then return investors’ original investment at a set date in the future.

    The four new iSharesBond ETFs invest in corporate bonds and mature from 2016 through 2023.

    [image]

    The Wall Street Journal

    In 2010, iShares broke new ground when it rolled out six defined-maturity municipal-bond ETFs. One has since matured, and the other five hold $300 million. But the BlackRock Inc.

    unit left the market for corporate bonds untapped.

    Guggenheim Investments filled that gap with its BulletShares ETFs, a menu of investment-grade and high-yield corporate-bond funds. The Guggenheim roster currently includes 14 ETFs—three have matured—and holds $2.4 billion in assets.

    These funds primarily buy bonds maturing in the year the funds will terminate, so that the funds can collect the bonds’ face value at maturity and pass the cash along to investors. With other bond funds, investors risk getting back a lot less than their original cost if interest rates rise, because that pushes bonds’ market prices down.

    Guggenheim says it has found a receptive audience among financial advisers for its BulletShares funds. “These help mitigate the interest-rate exposure [of traditional bond funds] if you are a buy-and-hold investor…and they really are being used by buy-and-hold investors,” says William Belden, head of product development at Guggenheim.

    Ever since the BulletShares ETFs were launched in the summer of 2010, executives at Guggenheim have been waiting for iShares, the 900-pound marketing gorilla, to join the fray.

    However, iShares isn’t challenging Guggenheim head on with its new ETFs. Unlike the Guggenheim offerings, which are broadly diversified, the iShares corporate-bond ETFs avoid debt issued by banks and other financial firms. That’s because iShares aims to sell the new ETFs to financial companies and, for regulatory reasons, banks usually don’t want to own debt of other financial institutions.

    IShares is leaving a lot of potential income on the table, Mr. Belden says. “Financials are a big contributor to yield,” he says. A look at the firms’ competing ETFs maturing in 2018 shows that the iShares fund carries an average yield to maturity of 1.24%, while Guggenheim’s 2018 investment-grade ETF has an average yield to maturity of 1.66%. But Matthew Tucker, head of fixed-income investment strategy at iShares, says the iShares yields are also lower because the funds mature in March versus December for the Guggenheim offerings.

    The iShares ETFs do offer a cost advantage: Their expense ratio is 0.10% versus Guggenheim’s 0.24%.

    Both firms intend to expand their defined-maturity ETF lineups. While it remains to be seen which company will eventually dominate the space, right now, it’s a win-win situation for investors.

    Send questions and comments to Mr. Lauricella at tom.lauricella@wsj.com.

    A version of this article appeared May 6, 2013, on page R4 in the U.S. edition of The Wall Street Journal, with the headline: Bond Choices for Rising Interest Rates.

    © 2011 Wall Street Journal (www.wsj.com)

    A Manhattan Townhouse Sells for $32 Million

    Monday, May 20th, 2013
    A Manhattan Townhouse Sells for $32 Million

    A Manhattan townhouse has sold for $32 million, $7 million above its asking price. The seller was a real-estate investor who had owned the property since the 1950s.

    A Manhattan mansion listed for $25 million has sold for $32 million; a Kauai property has listed for $25 million; a Hamptons home originally designed by architect Sanford White is now available for $30 million, down from $40 million. Candace Jackson has details on The News Hub. Photo: Estates by Jeffery Cole.

    Built in 1870, the Italianate-style former mansion at 815 Fifth Ave. has since been subdivided into offices and apartments. The six-story building overlooks Central Park and, according to the listing, is the oldest building on Fifth Avenue below 110th Street. It has about 10,000 square feet of living space with 12 apartments and two offices.

    The current owner paid $120,000 for the property in the early 1950s and converted it into an apartment building.

    Darren Sukenik and Leonard Steinberg of Prudential Douglas Elliman had the listing. Roberta Golubock and Margaret Juvelier of Sotheby’s International Realty represented the buyer.

    Photos

    Ramsay de Give for The Wall Street Journal

    One of the rooms inside of 815 Fifth Ave. in New York.

    Kauai Property in ‘Jurassic Park’ Lists for $25 Million

    A 102-acre Kauai property that has appeared in films including “Jurassic Park” and “Pirates of the Caribbean” has listed for $25 million.

    On the eastern side of Kauai in Kealia, the estate has two waterfalls and is adjacent to 100 additional acres of state land, potentially available for lease. There are three homes on the property, including a 4,000-square-foot, three-bedroom main house overlooking a grove of litchi trees and another large house on top of a hill with views of a waterfall. The property also includes a helipad and skeet-shooting facilities.

    The estate dates back to 1878 and was originally owned by a Civil War veteran who worked in the sugar-cane industry. Original features include an arching bridge and numerous groves and orchards. The current owner is Larry Bowman, of the investment firm Falko Partners.

    Roni Marley of Hawaii Life Realtors has the listing.

    Hamptons House Cuts Its Price 25% to $30 Million

    An East Hampton, N.Y., home originally designed by architect Stanford White has reduced its price to $30 million from an original $40 million.

    The home is owned by builder Jeffrey Collé, who spent two years renovating and refurbishing the property, including rotating the home 90 degrees so it has views of Georgica Pond. The 12,000-square-foot, six-bedroom home includes 18th-century fireplaces from France and custom-made bathtubs carved from stone quarried in Italy. Mr. Collé said he hand-milled all the woodwork on site.

    The house also has a swimming pool and a guesthouse. It originally came on the market in 2010.

    Susan Breitenbach of Corcoran and Beate Moore of Sotheby’s have the listing.

    —Candace Jackson—Email: privateproperties@wsj.com

    © 2011 Wall Street Journal (www.wsj.com)

    Settlement Calls for Rhode Island Shipyard to Reduce Air Emissions (RI)

    Monday, May 20th, 2013

    Release Date: 02/27/2013Contact Information: David Deegan, (617) 918-1017

    (Boston, Mass. – Feb. 27, 2013) – A Newport R.I. yacht repair facility will take steps to reduce emissions of volatile organic compounds (VOCs) from paints and thinners used at its facility, under the terms of a Clean Air Act settlement with EPA.
    American Shipyard Co. LLC, doing business as Newport Shipyard, which repairs and paints vessels, will pay a $31,000 penalty and obtain a Clean Air Act permit from the State of Rhode Island that caps the facility’s emissions of volatile organic compounds (VOCs) and requires use of paints and other coatings that meet low-VOC standards. Newport Shipyard will also comply with applicable recordkeeping and certification requirements.
    Newport Shipyard provides marine services including painting and other repair operations. Paint used by Newport Shipyard emitted excess levels of VOCs. These pollutants can cause human health problems and also contribute to the formation of ground-level ozone, a primary constituent of smog.
    Newport is in an area that has failed to meet federal air quality standards for ozone. Under its permit, the company will use low-VOC solvents and paints that comply with regulatory limits for VOCs. In addition, the company will use paint spray guns with high transfer efficiencies, implement best work practices to minimize VOC emissions from painting and cleanup, and implement required recordkeeping and reporting requirements.
    More information: Environmental issues with Marinas in New England (http://www.epa.gov/region1/marinas/index.html)
    # # #
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    Published by: United States Environmental Protection Agence (EPA) (yosemite.epa.gov)

    Yuck! What’s in your pool water

    Monday, May 20th, 2013

    That’s the conclusion of a group of researchers from the Centers for Disease Control (CDC), who collected water samples from 161 filters in public and private swimming pools, as well as water parks in Atlanta last summer.

    What they found trapped in those filters was enough to make swimmers think twice before logging their laps. More than half of the samples were contaminated with E. coli, which the investigators say comes from one primary source — swimmers pooping in the pool.

    The study, published in the latest Morbidity and Mortality Weekly Report, specifically looked at pools in Atlanta, but the researchers say such contamination is likely a widespread problem in U.S. pools, thanks to swimmers not washing themselves off before taking a dip.

    According to the scientists, each of us carries about 0.14 grams of fecal material into the pool — and that doesn’t include accidents or cases of diarrhea.

    Among municipal pools, the genetic testing for pathogens detected E. coli in 70% of the filters, while 66% of the water parks contained the bacteria and 49% of pools in private clubs showed evidence of the contamination.

    “These findings indicate the need for swimmers to help prevent introduction of pathogens, e.g., taking a pre-swim shower and not swimming when ill with diarrhea, (for) aquatics staff to maintain disinfectant level and pH according to public health standards to inactivate pathogens, and state and local environmental health specialists to enforce such standards,” the authors write in their report.

    When a pool is properly chlorinated, however, bacteria like E. coli should be killed off, since proper pH levels typically take care of the issue. According to the CDC, it takes less than a minute for E. coli to be inactivated if chlorine levels are adequate, about 16 minutes to control Hepatitis A virus, about 45 minutes to kill off the Giardia parasite and over 10 days for a Crypto parasite.

    But just one diarrhea accident can cause an infection for anyone who gets a mouth full of pool water. Fortunately, the testing did not reveal strains of E. coli 0157, a particularly virulent form of the bacteria that was responsible for several outbreaks, and deaths, from serious foodborne illnesses.

    According to NPR, because the researchers only analyzed the samples for genetic signatures of different pathogens, they couldn’t determine whether the bugs were alive, and potentially reproducing in the water, but there were no pool-related diseases reported in Atlanta during the summer the samples were gathered.

    Thomas Lachocki, the CEO of the National Swimming Pool Foundation, says that in order to be properly chlorinated, pools should contain 1-4 parts per million of chlorine and pH levels should be within 7.2–7.8.

    “You can go to any mass market store and go into the pool chemical aisle and buy test stripes. All of these have chlorine and pH tests. In five seconds, you can do a quick analysis yourself and have an idea of what the various levels are,” he says.

    But if you don’t have the time to do your own testing, look for clear water. “You should always be able to see the bottom of the pool clearly. Usually if the water is cloudy, something with the filter or chemicals isn’t right,” says Lachocki. “Clear water doesn’t mean everything is alright, but cloudy water is an absolute positive sign that something is not right.”

    Here are some additional recommendations from the CDC for ensuring a bug-free dip:

    – Don’t swim when you have diarrhea.

    – Shower with soap before you start swimming.

    – Take a shower to rinse off before you get back into the water.

    – Take bathroom breaks every 60 minutes.

    – Wash your hands after using the toilet or changing diapers.

    – Try not to swallow the pool water.

    If you have young children:

    – Take children on bathroom breaks every half-hour to hour or check diapers frequently.

    – Change diapers in the bathroom or diaper-changing area and not at poolside where pathogens can rinse into the water.

    There may be no way to completely sanitize a pool, but the latest analysis of what could be lurking in the water should motivate lifeguards and pool managers to be more vigilant about testing those waters more frequently. People should outnumber the pathogens in any pool.

    This article was initially published on TIME.com.

    Don’t drink the pool water! It contains a surprising amount of human waste

    &copy 2012 TIME, Inc. TIME is a registered trademark of Time Inc. Used with permission.

    First Listen: Mount Kimbie, ‘Cold Spring Fault Less Youth’

    Monday, May 20th, 2013

    Story By: by Otis Hart

    Mount Kimbie’s new album, Cold Spring Fault Less Youth, comes out May 28.

    Daft Punk caused a stir earlier this year when its members announced that they’d recorded their new album, Random Access Memories, without drum machines or computer programs. Thomas Bangalter recently told All Things Considered‘s Audie Cornish that he’d wanted to glorify the “magic of human performances and possibly do a little bit of dance music at the same time.”

    The British beat-making duo Mount Kimbie takes a similar, if less publicized, approach on its second album, Cold Spring Fault Less Youth (out May 28). Dominic Maker and Kai Campos fell in love with performing live during the past two years and wanted to record an album that would transfer to the stage more easily than their critically acclaimed Crooks & Lovers. (Though those songs did work pretty well at the Tiny Desk.)

    The first thing that stands about Cold Spring Fault Less Youth is the traditional drum kit. Sticks, snares and cymbals pop up in several of these tracks, usually in a low-key fashion that recalls Four Tet’s early post-rock act Fridge. The addition of languid vocals, including two appearances by young British crooner King Krule, is even more jarring yet works nicely, particularly in the album’s first single, “Made to Stray.” Of course, given Mount Kimbie’s objective — a sound that translates live — the full effect of all these traditional instruments won’t be felt in these parts until the band embarks on its upcoming North American tour.

    Life After Zell

    Monday, May 20th, 2013
    Breaking News From WSJ.com’s Developments Blog

    The former head of Sam Zell‘s Equity International is launching a new private-equity shop and consulting business, following his departure from Mr. Zell’s firm last year that surprised many in the real-estate industry.

    Gary Garrabrant was chief executive of Equity International, which buys real-estate-related companies in emerging markets. He co-founded the firm with Mr. Zell in 1999, and the two worked together for more than two decades. But they had a falling out last summer over the size and strategy of the company and Mr. Garrabrant’s compensation, say people familiar with the matter.

    Now Mr. Garrabrant aims to raise $100 million for a new private-equity firm, known as Jaguar Partners, which plans to invest in emerging-market companies. His partner on the venture is Thomas McDonald, Equity International’s former chief strategic officer who left the same time as Mr. Garrabrant.

    Jaguar intends to look beyond real estate, investing in retail, health care, consumer finance, entertainment and other companies growing alongside a deepening middle class. Mr. Garrabrant believes many of these industries offer more opportunity than property investments in the developing world, say people familiar with his plan.

    Mr. Garrabrant expects to begin discussions with institutional investors in the fall. Parts of a noncompete agreement he negotiated when he left Equity International will expire Sept. 1, say people familiar with the matter.

    Mr. Garrbrant and Mr. McDonald are also running a consulting firm called MG Advisory Group, say people briefed on the business. The firm advises U.S. companies looking to establish or expand their business in emerging markets.

    Since the top departures, Mr. Zell has told Equity International investors he is spending more time on the firm, which raised about $2.1 billion through five funds to invest in places like Mexico, Brazil and Eastern Europe. He brought in Thomas Heneghan, a longtime Zell employee, to take over as chief executive in February. Mr. Zell, 71 years old, remains chairman of the firm.

    —Craig Karmin

    REITs Set to Sail

    In recent months, businesses that don’t look like real-estate businesses at first glance—like owners of casinos and billboards—have petitioned government regulators to become real-estate investment trusts in a search for tax savings. Now, companies owning only boat marinas may join the club.

    The Internal Revenue Service recently approved a request by an undisclosed apartment REIT to count the boat slips attached to its multifamily rentals as real estate. In the new ruling, the IRS reasoned that the REIT’s lease agreements with tenants renting slips at the docks matched those used in real-estate deals. That includes requiring a security deposit, monthly rent payments and a landlord’s right to repossess the boat slip upon a rent default. The tax regulator made a similar ruling on boat slips in the 1990s.

    In theory, this means a REIT could be set up owning only marinas, experts say. The REIT structure is a big draw because companies generally pay no corporate taxes as long as they pay their taxable income out as dividends. “It makes sense because this property has a rental-income stream,” says Paul Adornato, a REIT analyst at BMO Capital Markets. Property owners are “searching for ways to participate in the REIT industry by seeing if their properties can fit the mold,” he says.

    —A.D. Pruitt

    A version of this article appeared May 1, 2013, on page C6 in the U.S. edition of The Wall Street Journal, with the headline: Plots & Ploys.

    © 2011 Wall Street Journal (www.wsj.com)

    How To Turn Down The Heat On Fiery Family Arguments

    Monday, May 20th, 2013

    Story By: by Patti Neighmond

    Parents can minimize the negative impact of their arguments on their children using a few simple techniques to calm down.

    All parents are bound to disagree, argue or even raise their voices with each other.

    But psychologists say parents can minimize the negative impact of their arguments on their children. It’s just a matter of using a few simple techniques to turn down the heat and repair the damage after it’s over.

    Psychologist Suzanne Phillips at Long Island University says one of the most important things for parents to remember when they’re on the verge of a big argument is not to involve the child.

    “Remember, the child in some ways identifies with both of those parents,” Phillips says. “So if the mother is really asking the child to be her sounding board, advocate or collaborator against the other parent, the child loses the opportunity to feel good about the other parent and is put in a very conflicted situation.”

    Even little swipes and criticisms can be harmful. Because kids identify with their parents, they interpret negative characterizations as also aimed at them. Phillips says this is why we often see “shame and low self-esteem in children who are caught in these battles.”

    “Remember who it is you’re arguing with before you open your mouth,” says clinical psychologist Alan E. Fruzzetti at the University of Nevada, Reno. “When we get negatively charged, our cognitive performance goes down, and we often miss the larger context and start arguing as though our loved one is our enemy.”

    Even in the heat of discourse, it’s important for parents to remember why they’re there in the first place. “You have to remember, ‘This is someone I love,’ ” he says.

    For parents who feel they just can’t stop arguing when they get angry, University of Washington psychologist Laura Kastner has written extensively about what she calls “getting to calm.”

    “The default position should be to say nothing,” she says. “A good mantra is: ‘Don’t just do something, stand there.’ “

    While standing there, you can begin to regroup, she says. Breathing exercises can help parents “get to calm.”

    This is how it works: Breathe in deeply over five seconds, exhale over five seconds, and repeat this focused breathing for about three minutes. Move away from the area of conflict to do this. Get up from the dinner table and go to a corner of the room.

    If you’re in the car, Kastner says, “stop talking, grip the steering wheel, and engage in the breathing exercises” before returning to the conflict.

    This should bring down your heart rate, reduce the release of adrenalin and stress hormones, and put you back in a “zone for rational and even optimal thinking,” she says. The best part, says Kastner, is the more you do it, the more automatic “getting to calm” becomes.

    For parents who have the time, Kastner suggests a course in mindfulness. “It’s the gold standard,” she says. “It trains your brain for full relaxation with the capacity to focus your attention on the present moment without judgment.” It takes a lot of practice, but the benefits are big.

    What happens if you still fail to slow down the dispute? Do damage control when it’s over, Phillips says.

    There are things parents can say to repair the sad or hurt feelings children might have. “It’s really important for them to know that ‘Daddy and I are going to be OK,’ ” Phillips says. “[Tell them,] ‘Daddy and I love each other, but sometimes we don’t agree and we have to figure out how to disagree without yelling so much.’ “

    It’s even a good idea to apologize to children for fighting in front of them. That helps kids regain a sense of security. “Nonverbal cues — holding the child, putting an arm around Daddy again — these things help re-establish a child’s major place of safety, which is the parent and the parents’ connection,” Phillips says.

    And, ultimately, there is the so-called “halo effect.” In a family where things are mostly positive, even a bad argument can be well-tolerated. Phillips says that means affirming all the good things in life, such as “the cake you baked, Daddy’s raise, getting on the soccer team or doing homework in a timely manner.”

    And remember, not all arguments are equal. A good, constructive argument where a decision is reached or a problem is solved can actually teach children how to handle their own disagreements.

    “When children learn emotional regulation and coping skills from the parents,” Kastner says, “it builds resiliency and a sense of mastery that they can handle their own feelings in a competent way.”

    Amazon kills ‘Zombieland’ TV project, backs ‘Alpha House’

    Sunday, May 19th, 2013


    SAN FRANCISCO |
    Fri May 17, 2013 6:33pm EDT

    SAN FRANCISCO (Reuters) – Amazon.com Inc decided not to turn pilot project “Zombieland” into a full TV series, but is going ahead with “Alpha House,” as the world’s largest online retailer enters the next stage of its foray into original video creation.

    “Zombieland” writer and producer Rhett Reese wrote on Twitter that Amazon’s decision was “sad for everyone” and blamed it on negative online reviews of the pilot by viewers.

    Amazon picked “Alpha House” to develop into a full TV series, said Garry Trudeau, the “Doonesbury” cartoonist who wrote the comedy and is co-executive producer on the project.

    An Amazon spokeswoman declined to comment on Friday.

    Amazon produced 14 TV pilots and posted them online earlier this year to watch for free. The company has been collecting reviews of the shows and has been crunching other data, such as viewing times, to decide which projects to turn into full TV series.

    This is part of a new push by the company to make its own TV shows and distribute them over the Internet – something rivals such as Netflix Inc and Hulu are also doing.

    Zombieland, based on the successful movie of the same name, got more than 5,500 reviews averaging 3-1/2 stars on Amazon. There were over 1,200 one- and two-star reviews.

    “I wanted to love Zombieland, as a fan of the original. I really did,” wrote one viewer. “However the pilot felt like Zombieland sans the wit that made Zombieland funny.”

    Reese, the writer and producer, blamed such feedback for the TV show’s demise.

    “I’ll never understand the vehement hate the pilot received from die-hard Zombieland fans. You guys successfully hated it out of existence,” he wrote on Twitter.

    Alpha House, a political comedy starring John Goodman, got 2,600 reviews on Amazon averaging four stars. More than half of the reviews gave it five stars and just over 350 gave it either one or two stars.

    Amazon also picked up “Betas,” a comedy about technology start-ups in Silicon Valley, as a full series, according to Hollywood news website Deadline. This pilot received more than 1,500 reviews on Amazon averaging 4-1/2 stars.

    “Browsers,” a musical comedy starring Bebe Neuwirth, was not picked up by Amazon, Deadline also reported. This pilot got 860 reviews on Amazon averaging three stars.

    All Things D also reported some of Amazon’s decisions on the pilots on Friday.

    (Reporting by Alistair Barr; Editing by Tim Dobbyn)

    © 2011 REUTERS (www.reuters.com)

    EPA Regional Administrator Karl Brooks to Speak at Clean Air Health Fair on Saturday, April 27, in St. Louis, Mo.

    Sunday, May 19th, 2013

    Release Date: 04/26/2013Contact Information: Chris Whitley, 913-551-7394, whitley.christopher@epa.gov; David Bryan, 913-551-7433, bryan.david@epa.gov; or Rich Hood, 913-339-8327, hood.rich@epa.gov

    Environmental News

    NEWS MEDIA ADVISORY

    (Lenexa, Kan., April 26, 2013) – EPA Region 7 Administrator Karl Brooks will be among the guest speakers at a Clean Air Health Fair from 11 a.m. to 1 p.m. on Saturday, April 27, at Greater Mt. Carmel Missionary Baptist Church, 1617 North Euclid, in St. Louis, Mo.

    The free public event, hosted by the Greater Mt. Carmel Missionary Baptist Church, is intended to raise awareness and increase understanding of how air quality affects human health. The fair will feature free health screenings, asthma information, giveaways of free mattress covers to help children who are experiencing asthma symptoms, tips on how to protect your family’s health, and local entertainment.

    “EPA Region 7 looks forward to sharing with St. Louisans on Saturday the work we’ve been doing in their community to help local residents breathe cleaner, healthier air,” Brooks said. “President Obama’s commitment to address climate change’s public health impacts makes EPA’s work with families during Asthma Awareness Month even more timely.”

    In his remarks to the Clean Air Health Fair, Brooks will discuss climate change and its effects on air quality, and how poor air quality can have disproportionate effects on disadvantaged communities. Brooks will also highlight the work of St. Louis area partner agencies and entities in improving local air quality and protecting public health.

    WHO: EPA Region 7 Administrator Karl Brooks, the Rev. Earl Nance, Jr.; Missouri State Sen. Joseph Keaveny; St. Louis County Assessor Jake Zimmerman, local public health officials and advocates

    WHAT: Clean Air Health Fair

    WHERE: Mt. Carmel Missionary Baptist Church, 1617 North Euclid, St. Louis, Mo. 63113

    WHEN: 11 a.m. to 1 p.m., Saturday, April 27, 2013 (Speaker program begins at 11:45 a.m.)
    # # #

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