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Continental Mortgage And Loan Company
HomeStreet, Inc., d.b.a HomeStreet Bank, together with its subsidiaries, provides various financial services primarily in Washington, Oregon, California, and Hawaii. The company was founded as Continental Mortgage and Loan Company in 1921 by W. Walter Williams. It changed its name to Continental Savings Bank in 1986. In May 2000, the named changed to HomeStreet Bank. Its current headquarters are in Seattle, Washington. Following the financial crisis of 2007–2008 the bank suffered heavy losses. In 2012, in order to satisfy regulatory capital requirements, it raised $89 million in an IPO, ending four generations of control by the Williams family. In 2018 the bank won a court case following its attempt to stop a hedge fund placing its own candidates on the board. It was announced in November 2018 that HomeStreet Bank would acquire the San Marcos, California retail branch and business lending team of Silvergate Bank. The transaction should be finalized in the first half of 2019. ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Seattle
Seattle ( ) is a seaport city on the West Coast of the United States. It is the seat of King County, Washington. With a 2020 population of 737,015, it is the largest city in both the state of Washington and the Pacific Northwest region of North America. The Seattle metropolitan area's population is 4.02 million, making it the 15th-largest in the United States. Its growth rate of 21.1% between 2010 and 2020 makes it one of the nation's fastest-growing large cities. Seattle is situated on an isthmus between Puget Sound (an inlet of the Pacific Ocean) and Lake Washington. It is the northernmost major city in the United States, located about south of the Canadian border. A major gateway for trade with East Asia, Seattle is the fourth-largest port in North America in terms of container handling . The Seattle area was inhabited by Native Americans for at least 4,000 years before the first permanent European settlers. Arthur A. Denny and his group of travelers, subsequ ...
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Seafair
Seafair is a summer festival in Seattle, Washington, that encompasses a wide variety of small neighborhood events leading up to several major citywide celebrations. While many small block parties and local parades occur under the auspices of Seafair, most Seattle residents associate Seafair with the Torchlight Parade (and accompanying Torchlight Run), Seafair Cup hydroplane races, and the Blue Angels. Seafair has been an annual event in Seattle since 1950 but its roots can be traced to the 1911 Seattle Golden Potlatch Celebrations. History The 2020 schedule for Seafair was cancelled on May 20, 2020, due to the COVID-19 pandemic and restrictions on public gatherings. In April 2021, the 2021 Seafair was also cancelled, stating that "while encouraged by Governor Inslee's Phase 3 guidelines that support small and medium size events to return with limitations, Seafair leadership recognizes the guidelines will not support events the scale of a city-wide festival." Events Seafair begi ...
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Hydroplane (boat)
A hydroplane (or hydro, or ''thunderboat'') is a fast motorboat, where the hull shape is such that at speed, the weight of the boat is supported by planing forces, rather than simple buoyancy. A key aspect of hydroplanes is that they use the water they are on for lift rather than buoyancy, as well as for propulsion and steering: when travelling at high speed water is forced downwards by the bottom of the boat's hull. The water therefore exerts an equal and opposite force upwards, lifting the vast majority of the hull out of the water. This process, happening at the surface of the water, is known as ' foiling'. Hydroplane design Early designs of the 1920s were often built by amateurs, who employed the lightest materials available to them at the time, which were often glued timber boarding or plywood on the floor, plywood topsides, and varnished canvas decks. Most were about long and stepped hulls were employed with a step to induce air under the hull, to enable the boat ...
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H1 Unlimited
H1 Unlimited is an American Unlimited Hydroplane racing league that is sanctioned by the American Power Boat Association (APBA). Until 2009, the series was known as ABRA Unlimited Hydroplane, in turn renamed from APBA Unlimited Hydroplane in 2004. The H1 Unlimited season typically runs from July through September, consisting of five races. A hydroplane (or ''hydro'', or ''thunderboat'') is a very specific type of motorboat used exclusively for racing. One of the unique characteristics about hydroplanes is that they only use the water they're on for propulsion and steering (not for flotation) - when going at full speed they are primarily held aloft by a principle of fluid dynamics known as " planing," with only a tiny fraction of their hull actually touching the water. History The unlimited hydroplane racing series was founded in 1946 when the unlimited class of boats was allowed to compete following World War II and the subsequent availability of surplus aircraft engines. It ha ...
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Miss Madison
''Miss Madison'' is an H1 Unlimited hydroplane team. It is the only community-owned unlimited hydroplane in the world. It is based out of Madison, Indiana, a small town of 12,000 residents on the Ohio River which annually hosts the Madison Regatta. The story of the boat and city are the subject of the 2001 film ''Madison''. Since late of the 2019 season, they field two boats, the U-6 ''Miss HomeStreet'', and the other the U-91 ''Miss Goodman Real Estate''. History The team was started in 1960 when industrialist Samuel F. Dupont donated one of his hydroplanes to the town in 1961 to be run in the American Power Boat Association races. The town's boat is registered as "U-6" (for APBA Unlimited class, #6) in high-points unlimited hydroplane racing since 1961, which makes them the longest-running team in the sport, although the team will change numbers if required by H1 Unlimited regulations that state the defending national champion use the U-1 designation. Through 2008 the U-6 t ...
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Seattle Seahawks
The Seattle Seahawks are a professional American football team based in Seattle. The Seahawks compete in the National Football League (NFL) as a member club of the league's National Football Conference (NFC) West, which they rejoined in 2002 as part of a conference realignment. The club entered the NFL as an expansion team in 1976 in the NFC. From 1977 to 2001, Seattle was assigned to the American Football Conference (AFC) West. They have played their home games at Lumen Field in Seattle's SoDo neighborhood since 2002, having previously played home games in the Kingdome (1976–1999) and Husky Stadium (1994 and 2000–2001). The Seahawks are currently coached by Pete Carroll. Seahawks fans have been referred to collectively as the " 12th Man," "12th Fan," or "12s." The team's fans twice set the Guinness World Record for the loudest crowd noise at a sporting event within the span of a few months, first registering 136.6 decibels during a game against the San Francisco 49ers ...
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The Seattle Times
''The Seattle Times'' is a daily newspaper serving Seattle, Washington, United States. It was founded in 1891 and has been owned by the Blethen family since 1896. ''The Seattle Times'' has the largest circulation of any newspaper in Washington (state), Washington state and the Pacific Northwest region. The Seattle Times Company, which is owned by the Blethen family, holds 50.5% of the paper. McClatchy company owns 49.5% of the paper. ''The Seattle Times'' had a longstanding rivalry with the ''Seattle Post-Intelligencer'' newspaper until the latter ceased publication in 2009. Copies are sold at $2 daily in King & adjacent counties (except Island, Thurston & other WA counties, $2.5) or $3 Sundays/Thanksgiving Day (except Island, Thurston & other WA counties, $4). Prices are higher outside Washington state. History ''The Seattle Times'' originated as the ''Seattle Press-Times'', a four-page newspaper founded in 1891 with a daily Newspaper circulation, circulation of 3,500, which M ...
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COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ...
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Silvergate Bank
Silvergate Bank is a Californian bank that mostly deals in cryptocurrency transactions. Concerns have been raised about Silvergate's health following the fall in cryptocurrency prices and the bankruptcy of FTX in 2022. History Silvergate Bank was co-founded as a savings and loan association in 1988. In 1996 Silvergate was re-capitalized and reorganized into a bank by Dennis Frank and Derek J. Eisele, but it initially remained quite small with only 3 branches in southern California. It is now led by CEO Alan Lane and president Ben Reynolds, although Mr Eisele remains on the leadership team as chief credit officer. In 2013, CEO Alan Lane personally invested in Bitcoin, and Silvergate launched an initiative to start serving cryptocurrency clients. After this, the bank grew rapidly, reaching $1.9 billion in assets and 250 clients by 2017. The company became public in November 2019 at a share price of $13, and by November 2021 the price had risen by 1,580% to $219 due to the cry ...
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San Marcos, California
San Marcos ( ; Spanish for " St. Mark") is a city in the North County region of San Diego County, California. As of the 2020 census, the city's population was 94,833. It is the site of California State University San Marcos. The city is bordered by Escondido to the east, Encinitas to the southwest, Carlsbad to the west, and Vista to the northwest. Lake San Marcos is an enclave, or county island, in the southwestern part of the city, within San Marcos' sphere of influence but technically an unincorporated community. History According to historical legends, the San Luis Rey Mission flocks were robbed by a small band of Native Americans in the late 18th century. Fleeing the Spanish troops, the Native Americans escaped to the hills. While pursuing the Native Americans, in 1797 the Spaniards came upon a fertile valley, which was named Los Vallecitos de San Marcos (Little Valleys of Saint Mark) to honor the day of discovery: April 25, St. Mark’s Day. On April 22, 1840, Govern ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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