Posts Tagged ‘CEO’
Wednesday, March 17th, 2010
Looks like Yelp will be dealing with extortion lawsuits quite a bit this year.
Now, CEO Jeremy Stoppelman goes on and on about how he knows what his sales force says when it makes cold calls on business owners. The thing is that Jeremy Stoppelman doesn’t know what his sales force says when it makes cold calls on business owners.
Check out this recent interview in the BidnessWeek magazine:
“BW: The plaintiff in the class action suit (Long Beach, CA-based veterinarian Cats & Dogs Hospital Inc) says that a Yelp salesman named Kevin repeatedly promised to make negative reviews go away if he would advertise on Yelp. Have you disciplined Kevin for breaking the company’s sales policies, and how many times have you had to discipline or fire salespeople for such transgressions?
“Stoppelman: We’ve never had to discipline a salesperson* about the issue that was laid out in the lawsuit.”
Salespeople (or “Account Executives”) spin and lie all the time, they think its their job to do so. In fact, it IS their job to do so. That’s how they make their money, right?
An alcohol-fueled Yelp XXX-Mas party, from back in the day:
via Yelp.com
Now, Yelp has this post-solicitation survey for you, the business owner. It has several functions, but one purpose, certainly, is to make you, the business owner, look like an idiot when you later file your extortion lawsuit. Why? Because you answered all the relevant queries, check out the questions in #4, in Yelp’s favor. Is this kind of survey going to be enough to carry the day for Yelp’s lawyers? We’ll see.
Unless there are audio recordings of all the phone calls sitting around somewhere, Jerry has no way to prove what he’s alleging, right?
Here’s a modest proposal:
1. Fire all the salespeople(the so-called EA’s) and just do without the business sponsorships or what have you. Make money in a different way. (Make less money in a more honest way, is what I’m saying); or
2. Record all of the cold calls that your sales crew makes. So, hello, may I speak with the owner, do I have your persimmon (mmm… persimmon) to record this conversation, etc… This will cut into revenue, possibly. (You’ll make less money in a more honest way, is what I’m saying.)
All the talk of Yelp’s internal corporate structure and church/state separation betwixt sales and content don’t mean a thing if you don’t know what your sales crew says to make commish. Right, Jeremy?
*Looks like Jerry has access to a lawyer or two as well, huh? How many hours of expensive coaching did Jerome pay for? Perhaps salesman Kevin is just “one bad apple?” Stay tuned…
Tags: account executives, ads, advertising, ae, arizona, attorneys, blackmail, blog, business, ca, californis san francisco, call, Cats & Dogs Hospital, CEO, class action, cold call, court, extortion, inc, Jeremy, Jeremy Stoppelman, jerome, jerry, Judge, kevin, lawsuits, layers, long beach, Owners, post, reviews, sales, stars, Stoppelman, suit, veterinarian, yelp
Posted in advertising, law | No Comments »
Tuesday, February 16th, 2010
Our Senator Leland Yee, Ph.D. is today calling for support for his Clean Needle Bill, SB 1029. It would permit all California pharmacists to sell up to 30 sterile syringes to drug users aged 18 and over. Why? To prevent the spread of HIV, hepatitis B, hepatitis C and other blood-borne diseases that live in used syringes.
All the deets of today’s presser with Mark Cloutier, CEO of the San Francisco AIDS Foundation and Barry Zevin, MD, a San Francisco primary care and HIV clinician, below.
Senator Yee, PhD:
Yee Introduces Clean Needle Bill. Legislation would allow pharmacies to sell sterile syringes to prevent spread of HIV & Hepatitis C
Today, State Senator Leland Yee (D-San Francisco/San Mateo) was joined by doctors, pharmacists, and AIDS prevention advocates to introduce legislation that would allow pharmacies throughout California the discretion to sell up to 30 sterile syringes to an adult without a prescription.
California is one of only three states that still prohibit pharmacists from selling a syringe without a prescription. Most states amended their laws in light of evidence that criminalized access to sterile syringes led drug users to share used ones, and that sharing syringes spread HIV, hepatitis B, hepatitis C and other blood-borne diseases that can live in a used syringe.
“This is an effective public health measure which is proven to reduce health care costs to taxpayers,” said Yee. “It’s a moral, as well as fiscal imperative.”
“Access to sterile syringes is a vital component of a comprehensive strategy to combat HIV and hepatitis,” said Yee. “This approach has been evaluated extensively throughout the world and has been found to significantly reduce rates of HIV and hepatitis without contributing to any increase in drug use, drug injection, crime or unsafe discard of syringes.”
Governor Arnold Schwarzenegger (R-Los Angeles) signed legislation in 2004 to create a five-year pilot to evaluate the safety and efficacy of allowing adults to purchase and possess a limited number of syringes for personal use. Under the pilot program pharmacies in Los Angeles County, the Bay Area and some other parts of the state have been allowed to sell syringes.
Yee’s SB 1029 would remove the sunset and allow all pharmacists throughout the state with the discretion to sell sterile syringes without a prescription.
Sharing of used syringes is the most common cause of new hepatitis C infections in California and the second most common cause of HIV infections. The state Department of Public Health estimates that approximately 3,000 California residents contract hepatitis C through syringe sharing every year and another 750 cases of HIV are caused by syringe sharing.
These diseases are costly and potentially deadly. Hospitalizations for hepatitis B and hepatitis C cost the state $2 billion in 2007, according to a report by the California Research Bureau. The lifetime cost of treating hepatitis C is approximately $100,000, unless a liver transplant is required, and then the cost exceeds $300,000 per surgery. The lifetime cost of treating HIV/AIDS is now estimated to exceed $600,000 per patient.
By comparison, a syringe costs about ten to fifteen cents retail. The bill requires no appropriation of state funds, because it allows adults to buy syringes at their own expense.
Among health policy researchers speaking in favor of SB 1029, Alex Kral, an epidemiologist who has supervised several studies of HIV prevention said, “In light of over 200 studies worldwide that establish improved syringe access means less disease with no downside, to continue a policy of making syringe sales illegal would amount to health policy malpractice.”
The 200 studies Kral referred to were reviewed by the World Health Organization (WHO) in 2008. WHO concluded that the overwhelming scientific consensus showed improved syringe access reduced rates of HIV and hepatitis without contributing to drug use, crime or unsafe discard of syringes.
“There is not one credible study from anywhere in the world that refutes these findings,” Kral said.
Among the numerous studies cited was one published in the American Journal of Public Health from 2001 that compared US cities that allowed pharmacists to sell syringes to adults without a prescription and those that did not. The study found that the rate of HIV among drug injectors was twice as high in cities that forbid sale without a prescription than those cities that allowed pharmacists greater flexibility to provide syringes.
“This approach has been overwhelmingly supported by the health professions,” said Yee. “I look forward to working with my colleagues in the Legislature, the Governor and the California Department of Public Health to craft the most efficient and cost-effective means of saving lives and public dollars by preventing HIV and hepatitis C.”
SB 1029 will be considered in committee in March.
Tags: 1029, a.i.d.s., AIDS, AIDS Foundation, B., Barry Zevin, bill, c, california, CEO, clean, counties, county, Department of Public Health., disease, dr. md. doctor, hep, hepatitus, hiv, illegal, leland yee, Mark Cloutier, MD, needles, pharmacist, pharmacy, phd, sacramento, San Francisco, San Francisco AIDS Foundation, San Mateo, sb, SB 1029, Senator, users, virus
Posted in government | No Comments »
Tuesday, February 9th, 2010
Well, here’s the news of the day – San Francisco-based Yelp, Inc., San Francisco’s social networking, user review, and local search web site, will be soon be hiring 200 plus folks at a huge, brand-new office in Scottsdale, AZ.
Interested Arizonians (or just anybody, I s’pose) should regularly monitor Yelp.com/jobs to get in on the action before the madding crowd. Read all the deets below, if you want to hear the Arizona Department of Commerce and the Greater Phoenix Economic Council crowing over their win.
Scottsdale Mayor W.J. “Jim” Lane just drank our milkshake, all the way from the 480. Drank it up! Why? It must have something to do with the Bay Area lacking a “strong infrastructure and an educated talent pool of potential employees.” Read CEO Jeremy Stoppelman’s full quote below. And while you’re at it, feel free to read between the lines. Granted, Yelpers in San Francisco will soon have a little more elbow room, but it’s difficult to see today’s news as something other than a big dis to SF and the bay area.
Let’s remember the good times, back in aught-five when most Yelpers worked in town. Via Yelp.com:
Another from Yelp.com’s infamous 2005 XXX-mas party:
Sic transit gloria Web 2.0 in the 415
Bono, what hath you wrought?
Yelp to Open Office in Scottsdale. San Francisco-Based Technology Company Plans To Hire More Than 200 Locally This Year
Yelp, the community-led local search site, today announced it is opening an office in Scottsdale, Arizona, as it increases hiring to support the company’s U.S. and international expansion.
The San Francisco-based technology company plans to hire more than 200 people this year for the office, which will be located in the Scottsdale Corporate Galleria, and is looking to fill positions across numerous departments, in particular sales and account management.
Yelp, which connects consumers with great local businesses through user-written reviews and ratings on its site, has seen rapid growth in recent years. More than 29 million people used the site last month and review content has doubled in the last year to more than 9 million. Started in San Francisco in 2004, Yelp is available throughout the U.S. and Canada, and expanded to the U.K. and Ireland last year.
“Scottsdale and the greater Phoenix area have a vibrant and growing Yelp community,” said Jeremy Stoppelman, CEO and co-founder of Yelp. “The region is also a great place to locate a technology business, having a strong infrastructure and an educated talent pool of potential employees. We are excited to make Scottsdale home to our third Yelp office and the hundreds of future Yelp employees who will live, work and play in this great area.”
Don’t stop now, ever more, after the jump
(more…)
Tags: "Jim" Lane, $25, 2005, account, account management, Android, Application, arizona, Arizona Department of Commerce, arizonans, az, Barry Broome, bay area, blackberry, bono, california, canada, CEO, christmas, City, Department of Commerce, devices, director, Donald Cardon, Economic Council, elevation partners, enabled, greater, Greater Phoenix, Greater Phoenix Economic Council, hiring, iphone, ireland, Jeremy Stoppelman, jobs, local search, management, Mayor, Million, networking, outsourced, Palm, party, phoenix, president, review, sales, scottdale, Scottsdale Corporate Galleria, siner, site, social, U.K., u2, user, W.J. "Jim" Lane, WAP, web, XXX-mas, yelp, yelp.com
Posted in employment, internet | No Comments »
Monday, February 8th, 2010
Elements of our Bay Area News Project, that grand alliance of old money and young blood, recently headed across the Bay Bridge to meet up with the kids from the UC Berkeley Graduate School of Journalism.
This meet-and-greet happened a couple of weeks back but the BANP is crowing about it today, so head over and check it out, why don’t you?
Look, it’s brand-new BANP EIC Jonathan Weber and CEO Lisa Frazier at North Gate Hall sharing a few brewskis with the J students:
TwitPic via jrue, aka Jeremy Rue, multimedia training instructor for the Knight Digital Media Center and a lecturer for the Carnegie-Knight program News21
Do you fret over* these students becoming “slaves” or something? You may be richer and older than they, but they’re smarter than you - try to keep that in mind when pondering such matters. These 20-somethings will do fine - they’ll manage to get by, with or without the BANP.
Bon courage, BANP et etudiants.
*Absence of pay-wall duly noted. Isn’t it ironic, dont’cha think?
Tags: 2010, banp, Bay Area News Project, Berkeley, Berkeley Graduate School of Journalism, bill keller, CEO, chemical, company, dean, Dean of the Graduate School of Journalism at the University of California, editor in chief, engineer, f warren hellman, graduate, Jeremy Rue, Jonathan Weber, journalism, kqed, Lisa Frazier, McKinsey, McKinsey & Company, media, Neil Henry, new york times, nyt, San Francisco, san francsico, school, TV, UC, university of california
Posted in media | 9 Comments »
Friday, February 5th, 2010
Remember back in the day, back when Clear Channel “promised” that they would provide a Velib-style bicycle sharing program for San Francisco? Let’s dig up a press release crowing all about that from the San Francisco Municipal Transportation Agency (SFMTA). Ah yes, from the “Transit Shelter Advertising and Maintenance Agreement” with Clear Channel Outdoor, Inc.:
“The agreement also requires Clear Channel to provide a Bicycle-Sharing Program, at the SFMTA’s request, details of which will be negotiated in an amendment to the Agreement.”
Details! Oh noes. Well Clear Channel looked at the details of running a bike share program and decided that they didn’t want to do it. Of course, they were not “required” to do Jack despite what the SFMTA thought. Isn’t that funny?
Now let’s imagine that you’re in charge of San Francisco’s bike-share program. What should you do? Let’s start with the good stuff and then worry about the details, the gritty nitty.
But first, let’s check in with Jessica Alba in Paris on a Velib. She’s in your corner:
All right, let’s go:
1. Junkets, junkets, junkets!
Try to get in as many “fact-finding missions” as possible early on. You’re the CEO, right? So, first thing you do is jet off to France, or D.C. or Montreal, bidness-class. Start a blog to post vacation photos of you on a Velib and complain about how you have to spend so much time away from your kids. Enjoy yourself, it’s going to go downhill from here.
2. Make the program as small as possible.
This is key. The bigger the program, the more headaches you’ll have. If you listen to people who tell you that you need to have a “critical mass” to be sustainable, you’ll have 5000 bikes on the streets – that means 5000 things to fret over every day. The Feds might give you millions to get started, but they’re not going to give you millions every year. As far as you’re concerned, a bike share program is a bike share program.
3. Think of a catchy name for your program.
I don’t know, BikeConnect (if Alex Tourk would license the name)? How about City BikeShare, CalBike, BikeCal, SFBike, BikeSF, FoggyBike, or Frisco a Go Go? I’m at a loss…
And now, decisions to be made:
1. Which bikes to use?
In the Parisian program, the heavy bikes come from Hungary and they cost $1000 per. This is both good and bad, because you want to have the bikes well-built in order to survive the rigors of heavy use, but you don’t want to lose too much money every time one dissappears. I think it’d be impossible to charge $1000 to a San Francscan when the bike s/he just checked out got lifted by a thief, so you’re going to lose big bucks on theft. On the other hand, if you go the cheap route and use inexpensive mountain-type bikes, they’ll get stripped for parts with a quickness. You want bike thieves to think these are custom-made with no reuseable parts. Bixi bikes are cheaper (I hope) – perhaps they’d be a good starting point?
2. How much to charge users who don’t return bikes?
The Parisian government now subsidizes share program operator JC Decaux’s losses to the tune of millions of dollars per year. This is despite the fact that this company makes a mint from the 1600 advertising spaces given to them to pay for the program. If you are “too nice” to customers and only charge $50 for a bike they don’t return, then the customers won’t really care if their rental goes missing. On the other hand, if you try to charge the full replacement value, your customers won’t stand for it.
3. What about vandalism?
What about it – the little monsters are going to mess you up. They’re going to make it their business to make you want to go out of business. How will you react to the taggers who will paint over whatever they can? Now, program operators don’t have to deal with this issue in La Rochelle or Lyon, but in Paris, that’s a different story. Well guess what? We’re going to be just like Paris, having bikes with broken keels and lost keels. Deal with it. How about getting the City to cover all vandalism costs? That would help.
4. What about helmets?
You know, France has different attitudes about certain things. For example, they’ve got 58 nuclear panner plants and they’re building more, and they have a huge nuclear waste dump in Champagne, of all places. So, when you talk to the French about helmets for non-Tour-de-France-bike-riders, they don’t like it. Could San Francisco somehow rent out a smelly used helmet along with the bike? Doubtful. Could customers carry their own helmets? Sure, some of them would, but carrying around a helmet goes against the very nature of the whole program, which is designed to appeal to the general non-bike-riding public. In France, they tolerate deaths due to share program customers not having helmets. Will San Francisco?
5. What about hills?
Now let’s say your customer wants to go from a bike station at the top of Nob Hill down to Embarcadero Station – that’s a straight shot down California, it would take about five minutes, easy peasy. But who’s going to pay for the right to pedal a heavy bike back up to the top of Nob Hill? Should you give people who turn bikes in at the Nob Hill station more time? Certainly. Should you go ahead and just make that a free ride? Should you give these hardy souls a credit for future trips? Should you just pay jobless people to ride bikes uphill? Should you load up a truck and have an employee redistributing bikes all day long? Should you just not have a Nob Hill station? Don’t know.
There are no easy solutions for you. You’ll be made sport of in the pages of SFist and SFGate, San Francisco’s online newspaper. It’ll be endless. The Velib program works in Paris because of all that sweet, sweet street advertising money from all those signs. You won’t have access to that kind of dough, not in San Francisco.
Oh well, that’s why you’ll get paid the big bucks.
Good luck, Chuck.
After the jump, all the places you should junket to, before the cash runs out.
(more…)
Tags: bicycle, bicycles, bike, bikes, bixi, CEO, clear channel, clearchannel, cyclists, france, Gavin, JC Decaux, liberte, lyon, Mayor, montreal, mta, Newsom, paris, pilot, program, San Francisco, SFMTA, share, sharing, vandalism, vandals, Velib
Posted in bikes | No Comments »
Thursday, January 21st, 2010
The Bay Area News Project, that grand alliance of old money and young blood, will soon make its debut.
Savor two bits of news released just now:
1. “The Bay Area News Project appoints Lisa Frazier as C.E.O and Jonathan Weber as Editor-In-Chief“ (but maybe you already knew about that, of course), und;
2.“The Bay Area News Project to supply news content for Bay Area sections of The New York Times“
O.K. then. Don’t you just love it when a plan comes together?
[UPDATE: The SFWeekly's young Joe Eskenazi just grilled the principals of the BANP just now - his report.]
So the new CEO will be Lisa Frazier, the very same woman who was in charge of the hunt for a CEO? Yes, Lisa. Is the water warm enough? We’ll soon find out.
That’s today’s news. Expect good things…
The Bay Area News Project to Supply News Content for Bay Area Sections of the New York Times
The Bay Area News Project, a new non-profit media organization, and The New York Times announced today that the two organizations are moving forward with a content collaboration. Under the agreement, Bay Area News Project journalists will provide branded news to The New York Times for its San Francisco Bay Area editions on Friday and Sunday.
The New York Times’s Bay Area section was launched in October 2009 and currently features editorial coverage written by The Times’s San Francisco news bureau and other contributors.
“This agreement with the Bay Area News Project is another big step for The Times toward two goals: helping meet the demand for the highest quality local reporting in places around the country where it is getting harder to come by, and finding ways to collaborate with trusted providers to get that job done,” said Bill Keller, executive editor of The New York Times.
“Our aim is to roll out expanded local reports in several key markets around the country, working with local journalists and news organizations in a collaborative way,” said Scott Heekin-Canedy, president and general manager of The New York Times. The Times has a similar arrangement in Chicago with the nonprofit Chicago News Cooperative. “This approach is designed to enhance the print experience for readers and strengthen our subscriber retention,” Mr. Heekin-Canedy said.
In related news, The Bay Area News Project also announced its new C.E.O. Lisa Frazier and Editor-in-Chief Jonathan Weber. The News Project’s publicly-supported and stand-alone newsroom will consist of at least 15 journalists during the new media outlet’s first year. In addition to providing content to The New York Times, the News Project is developing a Web site and other platforms that will provide original reporting on a wide range of Bay Area civic and community issues.
“We believe that Jonathan Weber, a talented journalist with a world of rich experience, will build a team that can provide a superior local report for readers of The Times in the Bay Area,” Mr. Keller said. “And our agreement with the Bay Area News Project assures that his newsroom will be strictly independent, apolitical and uninfluenced by the generous donors who are making this effort possible.”
Mr. Weber, former co-founder and editor-in-chief of The Industry Standard and former reporter and editor for the LA Times, said: “We’re looking forward to working with one of the world’s leading editorial brands to deliver hard-hitting news and in-depth editorial coverage focused on the San Francisco Bay Area – one of the most intellectually curious, innovative and industrious areas of the country.”
“We are excited to start producing content about the Bay Area for the Bay Area, published in The New York Times,” said Bay Area News Project C.E.O. Lisa Frazier. “Our print collaboration with The Times assists our sustainability model, and extends the reach of our content in the Bay Area. I am appreciative of Tom Carley, Bill Keller and the rest of their teams for all of their support over the last few months as we got the News Project up and running. We are looking forward to a successful collaboration.”
The Hellman Family Foundation has provided initial seed funding for the Bay Area News Project; other support has come from the Knight Foundation and community members interested in funding quality journalism for the Bay Area. Investment banking firm Greenhill & Co., law firm Jones Day, and philanthropic advisory firm Hirsch & Associates, LLC have advised Warren Hellman and his working group on the formation of the entity.
About the Bay Area News Project
The Bay Area News Project is a publicly supported news organization focused on providing high-quality, original coverage of Bay Area civic and community news. The locally produced, professional news organization plans to leverage broad collaborations and new digital technologies to provide Bay Area news that reflects the region’s dynamic social and cultural diversity. Coverage will include government and public policy, education, the arts and cultural affairs, the environment, and neighborhood news. The News Project is currently a fiscally sponsored project of Community Initiatives, a 501(c)(3) organization that enables individuals and groups, working together, to create and invest in projects that benefit the public.
For more information, please visit www.bayareanewsproject.org.
The other shoe drop after the jump.
(more…)
Tags: 2010, banp, Bay Area News Project, Berkeley, bill keller, CEO, chemical, company, dean, Dean of the Graduate School of Journalism at the University of California, editor in chief, engineer, f warren hellman, graduate, Jonathan Weber, journalism, kqed, Lisa Frazier, McKinsey, McKinsey & Company, media, Neil Henry, new york times, nyt, San Francisco, san francsico, school, TV, UC, university of california
Posted in media | 1 Comment »
Monday, January 18th, 2010
The Bay Area News Project, that grand alliance of old money and young blood, is showing signs of life in 2010. Today’s news from Neil Henry, Dean of the Graduate School of Journalism at the University of California, Berkeley:
“The Bay Area News Project is alive and well and ready to start business. The first board meeting will be conducted next week. We have secured an outstanding CEO and an extraordinary editor in chief whose names will be announced later this month.”
[Huggy Bear Mode: On] Word on the street is that the CEO with the half-million-dollar(!)-per-year pay package will be Lisa Frazier, [formerly?] a partner at McKinsey & Company, you know, that consulting firm famous for giving bad advice to the consequently dead SwissAir.
[Huggy Bear Mode: Off] So let’s see here, the BANP’s initial endowment from belov’d billionaire F. Warren Hellman is just $5 million, right? So they’re going to spend 10% of that on one person’s salary for one year? Is this, in the parlance of the day, a sustainable journey?
Oh, what’s that, BANP? You all are going to get more millions from more billionaires soon?
“And once it gets up and running, the backers plan to appeal to other philanthropists to get it past phase two.”
O.K. fine.
(Let me tell you about phase two. Back in ‘44, Hitler ordered his Sixth Panzer Army to fight from Germany to Antwerp, despite the fact that it only had enough fuel to make it a third of the way. Once phase one was up and running, phase two was to simply capture heavily-guarded Allied fuel depots(!) along the way in order gas up to move on to phase three. The Battle of the Bulge didn’t exactly work out that way, needless to say.)
There’s no question Lisa the chemical engineer / MBA is a smart cookie, but the question is exactly what is she going to do for all that dough? Make deals and raise a ton money? All right, BANP, it certainly looks like you’re striving to be a big player. You all are swinging for the bleachers, huh?
In other news, Jonathan Weber will become Editor-in-Chief and KQED will not become a “founding partner” in this enterprise.
Bon Courage, BANP.
Tags: 2010, Bay Area News Project, Berkeley, CEO, chemical, company, dean, Dean of the Graduate School of Journalism at the University of California, editor in chief, engineer, f warren hellman, graduate, Jonathan Weber, journalism, kqed, Lisa Frazier, McKinsey, McKinsey & Company, media, Neil Henry, San Francisco, san francsico, school, TV, UC, university of california
Posted in media | No Comments »
Friday, January 15th, 2010
San Mateo County’s famous all-electric Telsa Motors seems to have yet another problem these days. Tesla 20% Founder and CEO Elon Musk is now saying he expects to launch the Model S sedan “within two and a half years.”
So what’s that, the third quarter of 2012?
O.K., but this is what the Tesla website shows currently - it goes, “Deliveries start 2011.” See?
Would you consider that a delay? Others do.
But weren’t these cars supposed to be running around already? Yes:
“Tesla is building an assembly plant in Albuquerque, N.M., which is slotted for completion by the end of 2008. The company says it plans to build 10,000 WhiteStar sedans annually starting in 2009.”
That’s what you can expect from Tesla, aka Government Motors West.
Tags: 2009, 2010, 2011, 2012, battery, bay area, belmont, california, CEO, delay, electric, elon musk, factory, founder, model s, new mexico, powered, roadster, San Francisco, tesla, Tesla Motors
Posted in cars | No Comments »
Monday, December 14th, 2009
From Mission Mission, the website so nice they named it twice, comes word of the new PayDayPlus SF program. The upshot: If you ever need money before your paycheck comes, you can get an emergency loan from a San Francisco credit union instead of a regular payday loan place:
“Sold to consumers as short-term relief during a cash crunch, pay day loans carry interest rates of over 400 percent and catch working people with a steady source of income in a long-term debt trap. On December 17th at 11:30am, San Francisco City leaders, in partnership with local credit unions, will help relieve this burden on hardworking San Franciscans by launching PayDayPlus SF, a low cost emergency loan available to City residents at 13 locations.”
Does the Money Mart at 7th and Market actually charge more than 400% interest when it gives you a payday loan? No se, but I’m betting you’ll get much better terms from PDP SF.
A lively late-night scene in Mid Market.
Mark your calendars for Thursday, December 17th, 2009 – that’s the day we’ll get all the deets on PayDayPlus San Francisco.
How will it compare with this outfit from down south or the Check-Cashing King of the Mission? Stay tuned….
Springing the Debt Trap — for San Franciscans and Californians
Launch of PayDayPlus SF Followed by a Panel Discussion
Sold to consumers as short-term relief during a cash crunch, pay day loans carry interest rates of over 400 percent and catch working people with a steady source of income in a long-term debt trap.
On December 17th at 11:30am, San Francisco City leaders, in partnership with local credit unions, will help relieve this burden on hardworking San Franciscans by launching PayDayPlus SF, a low cost emergency loan available to City residents at 13 locations. and Mayor Gavin Newsom, stay to participate in a community conversation about PayDayPlus SF and learn how you can spread the word to San Franciscans about this new low cost loan to help weather tough economic times. You will also learn more about the problems caused by conventional pay day loans and how your organization can help push for proposed financial empowerment solutions that are moving forward in Washington, DC and Sacramento.
A community conversation following a joint press conference with City Treasurer José Cisneros
Participants
José Cisneros
City Treasurer of San Francisco
Paul Leonard
California Office Director, Center for Responsible Lending
Luis Granados
Mission Economic Development Association
Olivia Calderon
Legislative Director, California Asset Building Program, New America Foundation
Steven Stapp
President and CEO, San Francisco Federal Credit Union
Anne Stuhldreher
Fellow, California Asset Building Program, New America Foundation
Tags: 17, 17th, 2009, 2010, 320 capp, 400, Anne Stuhldreher, california, California Asset Building, California Asset Building Program, California Office, Californians, Center for Responsible Lending, CEO, City, credit unions, d. c., debt, december, director, discussion, Fellow, gavin newsom, interest, Jose Cisneros, Legislative Director, loans, Luis Granados, Mayor, mission, Mission Economic Development Association, Mission Neighborhood Center, New America Foundation, panel, Paul Leonard, pay day plus, paycheck, payday, paydayplus, paydayplus sf, pdp sf, pdpsf, percent, president, sacramento, San Franciscans, San Francisco, San Francisco Federal Credit Union, SF, Springing the Debt Trap, Steven Stapp, Treasurer, Washington
Posted in government | 1 Comment »
