Buffet calls out Financial Leaders

Berkshire Hathaway chairman suggests Wall Street execs have gotten off lightly

Buffett used his update on subsidiary Clayton Homes, the largest producer of modular and manufactured homes, to touch off a discussion of the U.S. housing market.

Warren Buffett sees a housing-market turnaround coming. In addressing oversupply, Buffett said the economy reduced new housing starts to a number well below the rate of household formations.

“[This] means that within a year or so residential housing problems should largely be behind us.

To read the entire article go to : http://www.marketwatch.com/story/buffett-calls-out-financial-leaders-2010-02-27?pagenumber=2Buff

Seal Beach Firm Searches for Maritime Executive for Port of Tacoma

The Port of Tacoma Commission on Tuesday selected Shey-Harding, a Seal Beach, Calif.-based executive search firm, to help the port find a new executive director.

The commissioners heard from three finalists and chose Shey-Harding oof Seal Beach because of its flexibility, industry involvement and available resources, said Tara Mattina, the port’s spokeswoman.

The board has said it is looking for a company that has experience recruiting maritime industry executives, planning and conducting outreach and communications related to the search, and helping negotiate an agreement with a final candidate.

The port received nine proposals from firms vying for the contract. Only one of the companies – Seattle-based Waldron & Co. – was from Washington state.

Port staff members plan to check the winning company’s references and negotiate a contract to bring to the commission, perhaps as early as March 4, for approval, Mattina said.

The contract amount hasn’t been decided. But Shey-Harding’s proposal stated that the company charges 25 percent of the hired director’s first-year base salary. The former director made about $220,000 a year.

Tim Farrell left the port at the end of last year. Deputy director John Wolfe is working as the port’s interim director until a new leader is found.

OC’s most Delicious Dining event returns February 28th – March 6th

More than 100 restaurants across Orange County’s vast dining landscape are ready to dish up amazing food at fantastic prices during Orange County’s most anticipated culinary event.

From all corners of the county this foodie celebration provides OC locals the opportunity to indulge in a selection of specially priced prix fixe menus from over 100 of Orange County’s best Restaurants. These menus showcase some of the region’s most talented chefs who have personalized each menu to reflect their culinary style. The prix fixe menus are priced at $10, $15 and $20 per person for lunch, and $20, $30 or $40 per person for dinner. The only thing to make for dinner during Restaurant Week is reservations!

This is the time for food lovers to try new places, get groups of friend and dine out and just really enjoy a week of fabulous dining. Start planning your week of dining out.

For more information visit OrangeCountyRestaurantWeek.com.

Sun and Snow at Seal Beach Pier

Snow and Beach by Ken Welch Photography

Navy’s Newest Destroyer Do To Arrive in Seal Beach

By Surface Forces Public Affairs

The Navy’s newest Arleigh Burke class guided-missile destroyer, USS Dewey (DDG 105), will arrive at Seal Beach Naval Weapons Station, Friday, Feb. 26.  The ship’s crew will be taking part in community relations projects over the coming week prior to its formal commissioning ceremony, to be held at the base on March 6.

The new destroyer honors Adm. George Dewey (1837-1917) who commanded the Asiatic Station from the cruiser Olympia. Shortly after the onset of the Spanish-American War, Dewey led his squadron of warships into Manila Bay on April 30, 1898. The next morning, his squadron destroyed the Spanish fleet in only two hours without a single American loss.

A widely popular hero of his day, Dewey was commissioned admiral of the Navy, a rank created for him in March 1903.

Two previous ships have proudly carried his name.  The first was a destroyer (DD 349) that survived the attack on Pearl Harbor and went on to receive 13 battle stars for World War II service.  The second was a destroyer commissioned as a guided-missile frigate (DLG 14) before being reclassified as a guided-missile destroyer (DDG 45).

This will be the very first Naval vessel to be commissioned in Orange County.

Robbery at Gun Point in Old Town

It would seem that  pleasant old town atmosphere is changing in recent months.  Two local men were taking a leisurely walk on Center St. when they were robbed by two other men, both of whom had hand guns.

It happened Saturday night, Feb 2o. The robbers were not intimidated  by the  three or four empty police cars parked near the pier.

The robbery occurred shortly before midnight and the thieves ran before the police could get there.

Police ask that anyone with information please  call Det. Gary Krogman at (562) 799-4100, ext. 1108.

Heidi Klum and Seal head to Catalina

Heidi, Seal and the kids head to one of the few places in So. Cal where they can have family fun and avoid the darned spotlight.

We all want to become famous…until we do become famous and find out what its like to lose your anonymity.   Well when it happens to you …just get a jacket with a hood, do your best to get under the radar…and fly to a nearby island.

Of course when you’ve got a brood of beautiful kids you may find that people are more interested in your kids than they are with you and they won’t notice you at all.  Ah, the best of all worlds.

For more info go to Celebrity Gossip at :http://www.celebrity-gossip.net/celebrities/hollywood/heidi-klum-catalina-island-family-fun-215698/