By CMil
Tag Archives: ECM
24 Hours of LeMons Sears Pointless: The Winners!
174 teams started the race on Saturday, and perhaps 90 were still running when the checkered flag waved on Sunday evening. The fourth annual Sears Pointless 24 Hours of LeMons proved to be the engine-killingest, metal-bendingest race we’ve seen in quite some time, which made victory all the sweeter for the teams that went home with trophies.

Overall, Class A Winner: If It’s Not Punk It’s Junk
These days, the mohawk-equipped ’92 BMW 525i of If It’s Not Punk It’s Junk and the Dos Equis-themed ’83 BMW 533i of Cerveza Racing are the cars to beat in West Coast LeMons racing. The Cerveza car was the race leader for most of the weekend, but the Punks grabbed the lead late on Sunday, built it up to two laps, and took the win. Zero black flags, zero mechanical ailments, and some very fast lap times were the keys to victory (again) for this team.

Class B Winner: The Flyin’ Hawaiians & 2 White Guys
The Flyin’ Hawaiians’ smog-carburetor-equipped Datsun 260Z had proven to be so unutterably terrible in previous races that the LeMons Supreme Court showed some mercy and classed the team in B this time. Next thing we knew, the team had managed to get their battered Datsun into 14th place overall, beating the nearest B competitor (an S10 pickup with 2,000 watts of audio amplifiers and a bed full of woofers) by 10 laps.

Class C Winner: Flaming A-Holes
Most V12 Jaguars (and V12 BMWs) get put in C Class by the LeMons Supreme Court (for obvious reasons), and this time an XJ12 managed to refrain from blowing head gaskets, spinning rod bearings, stretching head studs, or melting down its entire wiring harness for an entire race. The Flaming A-Holes held off a lot of tough Class C rivals all weekend, finishing in P29 and beating its closest rival (an ’84 Nissan Maxima) by four laps.

Most Heroic Fix Winner: Absolute Lemon Motorsports
The BMW E30 3-Series is the most common LeMons car, and that means that we’re very, very familiar with this car’s Achilles heel: a very fragile engine computer. The ECMs in E30s tend to become unhappy when subjected to the extreme conditions of endurance racing, and just about every E30 team keeps a spare ECM on hand. The veteran racers of Absolute Lemon Motorsports, however, cooked their car’s ECM early in the race, then fried their only replacement. Rather than try to chase down the elusive electrical-system gremlin that was killing their ECMs, they went …read more
Source: FULL ARTICLE at Car & Driver
Macquarie Announces Senior Hires to Sales and Sales Trading Effort in Boston
By Business Wirevia The Motley Fool
Filed under: Investing
Macquarie Announces Senior Hires to Sales and Sales Trading Effort in Boston
- Two key senior equities hires in Macquarie’s Boston office
- Strengthens overall US equity sales and sales trading effort
NEW YORK–(BUSINESS WIRE)– Macquarie Securities, the institutional equities arm of Macquarie Group (“Macquarie”) (ASX: MQG; ADR: MQBKY), today announced two senior equities hires in a further enhancement to its Boston-based US equity sales and sales trading team.
- Ryan Thorntonjoins as a Managing Director focusing on institutional equity sales. He was previously an executive director at Nomura Securities. He has also served in senior roles at Deutsche Bank, RBC and Lehman Brothers.
- Steven Belgejoins as a Managing Director responsible for institutional sales and trading. Immediately prior to Macquarie, he was a director at Barclays Capital and Lehman Brothers. He began his career in equity sales trading at Merrill Lynch.
These new hires expand on a range of senior leadership appointments the firm made to its US institutional equities business in July 2012.
Ken Savio, Senior Managing Director and Head of Macquarie Securities USA, said: “Ryan and Steven have a proven track record of excellence in servicing top-tier institutional accounts that are important to our firm. The high caliber of their combined experience demonstrates our continued and deliberate effort to recruit outstanding professionals who are able to contribute immediately to Macquarie and enhance our client-focused offering.”
About Macquarie Group
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries. Macquarie employs approximately 13,400 people and has assets under management of over $353 billion (as of September 30, 2012). See www.macquarie.us for more information.
About Macquarie Securities Group
Macquarie Securities Group operates as a global institutional securities house covering sales, research, ECM, execution and …read more
Source: FULL ARTICLE at DailyFinance
