Complex Financing

Janet Herlihy/special to the Caller-Times AC Gilmore Jr. is continuing his family’s tradition of putting the customer first, while expanding the business by moving to a busy Southside location.

— The Blossom Shop Florist

AC Gilmore Jr., Owner

Address: 5417 S. Staples, Corpus Christi

Company description: The Blossom Shop is here to serve every floral need from Azaleas to Zinnias. Weddings and events are our specialty. We travel throughout the Coastal Bend but also as far as Austin, Oklahoma, Louisiana and even Acapulco to take care of our wedding clients.

Hometown: Corpus Christi, TX

Years in business: 15 years (The Blossom Shop has been owned by the Gilmore family for 51 years)

Tenure in position: 1 year as owner

Education: I graduated from King High School in 1980. I attended North Texas University in Denton and graduated with a B.A. i

Read more…

NEW YORK – Connecticut Attorney General George Jepsen is seeking meetings with four U.S. lenders to discuss their foreclosure practices, saying they are failing to devote sufficient resources to servicing mortgages.

Jepsen wants to meet with representatives of Wells Fargo & Co., JPMorgan Chase & Co., Citigroup Inc. and Ally Financial Inc., according to letters written to the companies and released today by his office.

“Although I appreciate the effort CitiMortgage has made to improve its practices in recent months, I remain concerned that it is failing to devote adequate resources to default servicing of residential loans in Connecticut,” Jepsen wrote in a July 6 letter to Citigroup CEO Vikram Pandit. The attorney general made the same statement about the other servicers.

The four companies, along with Bank of America Corp., comprise the five largest mortgage servicers in the U.S. and

Read more…

PROVIDENCE – Rhode Island’s jobless rate edged down a tenth of a percentage point to 10.8 percent in June, but the state lost 1,500 jobs for the month, ending four consecutive months of job gains, the R.I. Department of Labor and Training said Friday.

By comparison, the U.S. employment rate rose a tenth of a percentage point in June to 9.2 percent while Massachusetts’ rate remained unchanged at 7.6 percent.

Rhode Island’s net loss of 1,500 jobs pulled the state’s nonfarm payrolls down to 462,400 in June. Rhode Island still had 4,500 more jobs than it had a year earlier, when unemployment was 11.6 percent.

A large part of the job losses were tied to the education services sector, which shed 1,900 jobs in June, many at the state’s private colleges and universities, the DLT said.

The number of unemployed residents – those classified as available for work and actively seeking employment – dropped by 700 in June to 61,300. At the same t

Read more…

— Texas Society of Certified Public Accountants honored the Corpus Christi Chapter with its outstanding chapter award for the third year in a row.

The honor recognizes chapters that have distinguished themselves through service to their community, the accounting profession and the state organization.

President Tee Bowman led the chapter in hosting continuing professional education programs and luncheons.

Serving alongside Bowman as chapter officers in 2010-2011 were: Susie Infante, Mike Jenson and Natalie Klostermann.

Janet Herlihy/special to the Caller-Times Charlie Alegria holds a Black Drum, which, like all the fish at Morgan Street Seafood market, is fresh and was caught locally.

— Morgan Street Seafood Market

Carlos “Charlie” Alegria, Owner

Address: 1602 Morgan St., Corpus Christi, TX

Company description: Morgan Street is a seafood wholesaler and retailer.

Hometown: Corpus Christi

Years in business: 51 years

Tenure in position: 14 years

Education: I graduated from W.B. Ray High School in 1974. I earned an associate degree from Del Mar College in 1976 and graduated from Stephen F. Austin, with a bachelor’s degree in business and accounting in 1978.

First job: When I was 10 years old, my first job was heading shrimp and scaling fish at Seven Seas Fish Market. I learned not to quit no matter how difficult the work seems.

Biggest career break: I was working in sales for Groomer Seafood in San Antonio when my father became ill in 1994. I

Read more…