Hedge fund billionaire buys $49M Aspen palace

Steve Mundinger / Joshua & Co.

The property includes a main house with 15-bedrooms, 16-baths, and 56,000-square-feet.

By Robert Frank, CNBC.com

Hedge-fund billionaire John Paulson has purchased the famed Hala Ranch along with another property in Aspen for $49 million, according to people familiar with the matter.

The lavish ranch, sold by Saudi Prince Bandar bin Sultan, was once the most expensive estate ever listed in the U.S., with a price tag in 2006 of $135 million.

The property includes a main house with 15-bedrooms, 16-baths, and 56,000-square-feet. It also includes several side buildings, as well as a water-treatment plant, gas pumps and other high-tech features.

CNBC.com: Mega homes sales surge, telling a tale of two markets

Paulson?s $49 million purchase included two properties ? the 90-acre main property as well as a 38-acre property nearby called Bear Ranch. Bear Ranch and Hala Ranch together might have fetched more than $150 million in 2006 or 2007, according to Aspen real-estate experts.

Paulson, founder of hedge fund Paulson & Co., couldn?t immediately be reached for comment. The broker on the deal, Joshua Saslove, declined to comment on the identity of the buyer.

Paulson plans to upgrade both properties, as well as to scale down the main house, according to people familiar with his plans. While Hala Ranch was once the epitome of Aspen opulence, it has fallen into disrepair in recent years. Mr. Paulson plans to rename the property Star Ranch, since the property is located in the exclusive Starwood area of Aspen.

CNBC.com: Million dollar homes across America
?
The deal is Paulson?s second in the Aspen area in two years. In 2010, he purchased a 12,500 square foot home just outside Aspen for $24.5 million. It?s unclear when or if Mr. Paulson will sell the home now that he?s purchased Hala Ranch.

Paulson and his family have been vacationing in Aspen for more than 20 years. People close to Paulson said he was attracted to Hala Ranch for its vast land and forest filled with aspens and pines. He plans to restore the property to a vacation home as well as a working ranch, these people said.

(Story continues below photo)

Steve Mundinger / Joshua & Co.

Paulson plans to upgrade both properties, as well as to scale down the main house.

?

Prince Bandar bin Sultan bought the land for Hala Ranch in 1989 and built the main house in 1991. After he left his post as ambassador to the United States in 2005, he listed the property for $135 million but later pulled it off the market.

CNBC.com: Spectacular beach homes
?
The buyer and the seller were both represented by Joshua Saslove, of Joshua & Co. Properties, an affiliate of Christie?s International Real Estate.

UPDATE:?Paulson issued the following statement: ?John Paulson, both directly and through his funds has substantial real estate interests across the United States, including other properties in Colorado, Arizona, California, Nevada and Florida and Hawaii. Mr. Paulson continues to be interested in real estate opportunities across the U.S.

Hala Ranch is one of the most beautiful properties in Aspen located on over 90 acres located in the exclusive Starwood community. Initially offered for sale for $135 million the purchase price represents a substantial discount to the asking price. In addition, the purchase also includes the Bear Cabin located on a separate 38-acre parcel that was never previously offered for sale.??

Below,?The "Squawk Box" news team and CNBC's Robert Frank discuss the purchase.

CNBC.com: Exclusive golf homes

This article originally appeared on CNBC.com.

?

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PJH Designs One of A Kind Vintage & Antique Furniture & Home ...

Hi y?all.? Wow, I?ve missed you!

Hope you have been okay and everything is going well for you.

Today I have a before and after of an old Edison stereo cabinet. Here is the after.

But before I share the details I wanted to share with you some changes I will be making on how I post on my blog.?

I?m not the most organized person in the world as my family will be quick to tell you. lol? I have been trying to blog, work on new pieces of furniture, look for new items at sales, share my graphics, and take care of my family all at the same time.? To say the least I was staying exhausted and frustrated.

Now on to this Union Jack piece.? I had recently done a coffee table with a Union Jack so I was not thinking of doing another one really soon, but when I saw this piece it just cried out for one.?

It started out like this.

It had strong lines that I liked but was kind of blah and definitely grungy! Yuck!?

It also had the original label on the inside right and it had a number engraved on the inside? bottom front.

I started by giving it a good scrubbing and priming it. I left the label exposed.? I painted it with a basic interior/exterior white paint.? Then I measured and taped off the top to start painting the Union Jack. I painted? the red center first.

After that dried I measured and taped off the blue areas and painted them.? I used acrylic paint for the flag.? After it was fully dried, and because it was acrylic paint, I sealed it with two coats of satin water-based polyurethane.? The knob I painted blue to match. Finally I slightly distressed it in the obvious places.

And here again is the finished product.

Much better don?t you think? It would be great for storage in any room and especially in a home with Coastal or British d?cor; but it would also look good in any home with a red, white, & blue theme.

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Obama says he?ll portray Romney as extreme libertarian

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Assad: Syria faces 'real war waged from the outside'

Thirteen men were shot dead at close range in Syria. Activists claim the killers were government militia. The government blames the rebels. NBC's John Ray reports. Some of the images in this report may be disturbing.

By Alastair Jamieson and msnbc.com news services

Syrian President Bashar Assad has said that his country is engaged in a "real war" with outside forces and denied any role in the Houla massacre, which he said was carried by ?monsters?.

In his first public address since January, he warned he would not be lenient on those he blamed for violence in the country, and promised that a 15-month-old crisis would end soon if Syrians pulled together.


In a speech to parliament, he repeated many of his earlier pledges to maintain a crackdown on opponents he describes as terrorists implementing a foreign conspiracy, while offering dialogue with those opposition figures who have avoided armed conflict or outside backing.

He made his comments a day after international envoy Kofi Annan said the spectre of all-out civil war was growing daily in Syria and the world needed to see actions, not words, from Assad.

Jim Muir, the BBC correspondent in Beirut, said: ?Anybody hoping that President Assad's first public speech since January might open up some lines of advance towards a solution will have been disappointed.?

In his hour-long address, Assad offered no specific response to Annan's plea for bold steps to end the conflict.

Thousands of people have been killed in a crackdown on protests against Assad, which erupted in March last year and have become increasingly militarised, destabilising neighbouring Lebanon and raising fears of regional turmoil.

"This crisis is not an internal crisis. It is an outside war carried out by inside elements," Assad said, looking relaxed as he spoke to parliamentarians. "If we work together, I confirm that the end to this situation is near."

'True monstrosities'
Last month's massacre in Houla of 108 people, mostly women and children, triggered global outrage and warnings that Syria's relentless bloodshed - undimmed by Annan's April 12 ceasefire deal - could engulf the Middle East.

Sunni Muslim powers, particularly wealthy Gulf Arab states, have strongly supported the uprising against Assad, an Alawite closely allied with Shi'ite Iran and Hezbollah.

Western powers have accused Syrian armed forces and pro-Assad militia of responsibility for the May 25 Houla killing, a charge Damascus has denied.

Despite the discovery of another atrocity following the recent massacre in Huola, Syrian President Bashar al-Assad showed no sign of relinquishing his power. NBC's Andrea Mitchell reports.

"What happened in Houla...and what we described as ugly and abominable massacres, or true monstrosities - even monsters do not perpetrate what we have seen," Assad said.

He said his country was facing a war waged from outside and that terrorism was escalating despite political steps including last month's election for parliament, whose new members Assad was addressing.

"We are not facing a political problem because if we were this party would put forth a political programme. What we are facing is (an attempt) to sow sectarian strife and the tool of this is terrorism," Assad said.

"The issue is terrorism. We are facing a real war waged from the outside," Assad said.

Annan, the joint United Nations and Arab League envoy for Syria, told an Arab League meeting in Qatar on Saturday that Assad must make "bold and visible" steps immediately to change his military stance and honour his commitment to cease all violence.

Annan criticised Assad for failing to comply with a peace plan to end the conflict and said his forces were carrying out atrocities, arbitrary arrests and other abuses.

The United Nations says Syrian forces have killed more than 9,000 people in a crackdown on protests against Assad. Syria blames the violence on foreign-backed Islamist militants it says have killed more than 2,600 soldiers and security force members.

Jim MuirBBC News, Beirut

Anybody hoping that President Assad's first public speech since January might open up some lines of advance towards a solution will have been disappointed.

Reuters and The Associated Press contributed to this report.

More world news from msnbc.com and NBC News:

Follow us on Twitter: @msnbc_world

?

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How to (Finally) Start Writing an Article | Pay Writer

Write-up by Jay Jennings

How to (Lastly) Commence Writing an Article ? Marketing and advertising ? Article Marketing

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I?ve written a lot of information about report advertising and marketing, but I seem to have skipped more than a thing that?s quite crucial to some men and women?

?how do you actually commence writing?

I?ve been writing adequate now that the question virtually does not make sense to me ? right after all, you just start writing (typing), do not you?

But the much more I believed about it, the far more essential the question became, because I think about there are a LOT of people who?d really like to get free of charge, targeted, pre-qualified traffic to their net web site utilizing basic little articles, but the act of getting began is holding them back.

So I am going to try to lay it out in such a manner that any person must be in a position to get started writing an article.

You have possibly heard this in regards to how somebody must give a speech:

1. Tell them what you are going to tell them.two. Tell them.3. Tell them what you told them.

In other words, set up the studying atmosphere by giving them a preview of what is coming. Then explain whatever it is you happen to be attempting to teach. And end up by recapping what you just taught them. That same series of steps can be utilized to write an article.

Let me give you an example.

I?m not a cook but I could fairly very easily locate out the actions necessary to cook a steak. If I wanted to write an post telling men and women how to do that, I could commence like this:

&ltblockquote&gtthree Easy Steps to Cooking a Fantastic Steak

?Most men and women like steak and so I am going to teach you how to cook one in three simple actions.?&lt/blockquote&gt

That could be considered the opening, or telling them what I?m going to be telling them.

Then I?d place in 3 actions, such as:

1. The greatest sort of meat to use.

two. Spices and preparing the steak.

3. The cooking procedure.

For each and every a single of these I?d variety up a paragraph explaining the step. It doesn?t have to be fancy, just plain language is very good adequate.

And finally, I?d end the report with a summary, that could be a thing like:

&ltblockquote&gt?As long as you comply with those three easy actions, you should not have any issues. Attempt it for yourself the subsequent time you have firm.?&lt/blockquote&gt

Believe it or not, that?s ALL you want to do to write an article.

But let?s bump it up just a tiny bit.

My opening paragraph above is really brief. I wrote it that way on purpose, just to show you that flowery language and lots of words aren?t required. Even so, if you can string a sentence or two with each other, don?t hold back. I?d probably use one thing like this for a real post on how to cook a steak?

&ltblockquote&gt?There?s absolutely nothing like the smell of a steak cooking on the grill. And when a steak is set down in front of you and your mouth begins watering, nobody better get in your way!

But a juicy steak doesn?t just take place. If you do not know what you happen to be performing you can finish up with a steak that?s dry and hard. Not only are you out the funds that steak expense, but if it happens at a party you?re hosting you are going to never hear the end of it!

The great news is that cooking a good steak is not rocket science, and I am going to show you three effortless steps that are designed to make the method basic and the outcome guaranteed.?&lt/blockquote&gt

There are two critical things to notice about this new introduction:

1. I tried to use some of the senses in speaking about the taste and smell ? that can assist the reader truly get into the report.

2. There are a lot more words in the second example.

You do not want to pad an report just to improve the word count, but a much better write-up is often a little plump ? not just skin and bones (details and figures).

If all you can manage right now is one thing like the initial example, go for it! A skinny write-up is far better than no report, any day.

And the a lot more you write, the better at it you will get. Seriously ? there are some items that just naturally boost as you do it a lot more and a lot more and writing is one of these skills. Give it a shot and see what you can come up with ? you don?t have to be Hemingway on your very first try (or even your 100th try).

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Click here for a totally free copy of the Write-up Advertising and marketing Tricks unique report with more excellent ways to use simple little articles to drive targeted traffic to your website. Get it at the http://ArticleMarketingExplained.com site.

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How to start a home based business, help.? | 7 Moneys

Question by : How to start a home based business, help.?
I am a pastor and would like to start a home based business to take care of my home as well as my ministry. What can be done in Delhi? I want genuine answers. Lately, I have been prey to many site which makes false assurance with unbelievable results.
Please HELP

Best answer:

Answer by 100K
Think about Amway Global?. You should be abel to find someone in your area to help you? If not let me know.

Know better? Leave your own answer in the comments!

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Greetings & Formalities

Alo-Alo, Nimohtar! Welcome to RolePlayGateway. I'm Sato, a longtime member around these parts .. nice to meet you, and whatnot. It's always great to see new faces rolling on through, here. If you have any questions about anything at all, please don't hesitate to ask.

I get what you mean about busy schedules. I just graduated from college, though, so I hope that will clear things up for me.

So yeah! Hope to see you around.

-VV

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Rich Gaspari have a Message | Bodybuilding, Supplements, Diets ...


Rich Gaspari (born May 16, 1963) is an American former professional bodybuilder from 1980s and early 1990s. Gaspari was inducted into the IFBB Hall of Fame in 2004. Gaspari started his own supplement company Gaspari Nutrition. The company was formed in 2001 and includes the popular bodybuilding supplements ?IntraPro?, ?SuperPump250? and ?SizeOn?.In 2011, actor Ryan Phillippe and boxer Shane Mosley presented Gaspari with the Muscle Beach Hall of Fame Award.[1] Gaspari was featured on the cover of the October, 2011 issue of Iron Man (magazine), 23 years after he last appeared on the cover of the magazine.

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Altitude training: Study puts some data behind conventional wisdom

ScienceDaily (June 1, 2012) ? Altitude training is a popular technique among athletes preparing for a competition, especially expert runners. Much research has been conducted on how to do it, at what altitude to train, how to modify workouts and how long to stay at altitude. However, a major unanswered question is when should an athlete return from altitude to compete?

Coaches of elite runners generally take one of two sides.

"They either believe an athlete should compete within 48 hours of coming back from altitude or in the 18- to 22-day range after returning," said Robert Chapman, exercise physiologist in the School of Health, Physical Education and Recreation at Indiana University Bloomington. "But there is little scientific evidence showing why these coaches' opinions are valid."

His study, which was discussed at the American College of Sports Medicine annual meeting on May 31 suggests that both camps might be right.

About the study:

  • Six elite distance runners lived in Flagstaff, Ariz., for 28 days at an altitude of 2,150 meters. They followed a "live high, train low" altitude training program, which means that although the athletes lived at a high altitude, they trained at 1,000 meters to do harder and faster workouts a few times per week. After returning from the 28-day camp, the runners were tested over the course of 26 days. Researchers focused on testing heart rate, running economy and mechanics.
  • Physiological data shows that what most coaches say is true. Several variables showed that 48 hours is a good time to compete based on breathing results, while Day 7 and 13 showed more difficulty.

Chapman said this might be attributed to a concept referred to as ventilatory acclimatization.

"At altitude, a person breathes more, and that extra breathing stays with you when you come back down from altitude. Extra breathing uses more muscles, more energy, and the body has to work more to regulate blood flow," he said.

This study suggests that an athlete may perform best at 18 to 22 days because the extra breathing goes away and the body gets re-acclimated to a lower altitude.

"This research will help athletes plan for major competitions," says lead author Abby Laymon, graduate student in the School of HPER's Department of Kinesiology. "For example, if an athlete is training for the Olympic trials, they can count backwards and plan their workout accordingly to perform their best after altitude training."

This study joins four others from IU that focus on altitude training. Future studies will determine why the physiological changes occur post-altitude.

The study, "Time-course of changes in cardiorespiratory measures post-altitude training: Implications for competitive endurance performance," was discussed May 31 during the High Altitude/Hypoxia I session.

Co-authors are Daniel P. Wilhite, Joseph W. Duke, Jonathon L. Stickford, Joel M. Stager and Timothy D. Mickleborough, all from the School of HPER's Department of Kinesiology.

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Story Source:

The above story is reprinted from materials provided by Indiana University.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


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Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

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Do you know the Benefits of LLC and How to Form an LLC | E-Elgar ...

You will find many different ways on how to form an LLC, are you aware how? Since the operation is given through the government of various states, it is easy to create one. Recommendations and ways regarding how to create one are led through the condition agency. Also, understanding in addition to understanding is needed to ensure that necessary particulars are complete. It?s ideal the whole factor is accomplished precisely because the safety supplied by a Llc is accommodating in addition to LLC maintenance.

Below are the recommendations that you could follow:

1. Your corporation ought to be symbolized by an LLC title. The corporation?s title must satisfy the terms using the state?s official methods on how to form an LLC. It may as well be unique and incomparable with other company. One particualr designation is LLC, that ought to attend the finish from the title provided in compliance using the states requirement.

How to form an llc

2. Make sure that all condition needs are carried out and prepared upon submission of information needed. Generally, Articles of Organization may be the reputation for filing documents however, many states refer to it as in a different way. The important thing to actually will come across each requirement is dependent how you will pay attention to the instructions and becoming updates around the legal language can also be necessary. To accomplish the entire process of creating your corporation a filing fee should also be compensated. Lastly, the organization should have an authorized agent plus an office that is needed by each condition. Whenever a registered agent inside your condition submits the needs needed, it?s ideal that?s has been around without doubt.

3. When ready, adoption of the document known as LLC operating contract can also be needed. This is an operating agreement which will provide information and backup copies on who is the owner of the company, that has privileges in controlling it, the operational structure how LLC decides and execute business.

4. Advertising as well as posting are occasionally made by several states. This is when promotion and publicity happens so people could learn about your company. When all needs happen to be met, an affidavit showing evidences should be posted through the LLC towards the filing office.

5. Certificates showing the development of the LLC is going to be released through the condition This really is in which the organization is legally produced and offer. But nonetheless, it?s ideal that you simply look for every other permits and licenses required for your company operation.

Condition laws and regulations do not require the filing of operating agreement so it?s very vital for that business to possess one how to set up an llc in california. Rules and guidelines receive through the operating seek the company possession and operation to follow along with. Fundamental essentials products that are usually incorporated within the operating agreement:

? Percentage interests from the members? companies? Members? duties and privileges? Voting energy from the people? Allocation of deficits and profits? Control over the LLC? Guidelines to take votes? Guidelines on holding conferences, and? Provisions on ?buy-sell?-when the owner dies or happen to be disabled, or maybe he attempts to sell his interests, these recommendations should explain the conditions that could occur

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