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Business icon who helped bring Wells Fargo to Des Moines dies at 87

Richard "Dick" Levitt, the longtime Des Moines businessman responsible for bringing Wells Fargo Financial to the metro, died Sunday.

Levitt, 87, whose philanthropic work was as important as his contributions to the Des Moines’ business community, still went to work most days at his company, Nellis Management, in Urbandale.

“He was one of those hard-working type of people,” said Jon Wilson, Nellis’ chief operating officer.

Levitt’s long career included being instrumental in bringing the finance division of one of the nation’s largest banks to Des Moines. Wells Fargo Financial grew out of the Des Moines-based consumer-finance company known as Dial Finance that was acquired by Wells Fargo's predecessor, Norwest Corp., in 1982.

Levitt’s grandfather Jacob Levitt started the mortgage business — then known as State Finance — in 1897.

It later was known as Dial Finance Co. and Dial Financial Corp. In 1982, Dial was acquired by Northwest Bancorporation, which later became Norwest Corp.

Affinity Investment Advisors LLC Has $277000 Stake in Essent Group Ltd. (NYSE:ESNT)

Affinity Investment Advisors LLC decreased its position in shares of Essent Group Ltd. (NYSE:ESNT) by 1.0% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 7,454 shares of the financial services provider’s stock after selling 72 shares during the period. Affinity Investment Advisors LLC’s holdings in Essent Group were worth $277,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Sei Investments Co. boosted its position in shares of Essent Group by 2.6% in the first quarter. Sei Investments Co. now owns 2,909 shares of the financial services provider’s stock worth $105,000 after buying an additional 74 shares in the last quarter. BNP Paribas Arbitrage SA boosted its position in shares of Essent Group by 14.0% in the first quarter. BNP Paribas Arbitrage SA now owns 2,924 shares of the financial services provider’s stock worth $106,000 after buying an additional 360 shares in the last quarter. O Shaughnessy Asset Management LLC purchased a new position in shares of Essent Group during the first quarter worth approximately $120,000. James Investment Research Inc. purchased a new position in shares of Essent Group during the first quarter worth approximately $144,000. Finally, Quantbot Technologies LP boosted its position in shares of Essent Group by 186.3% in the first quarter. Quantbot Technologies LP now owns 4,203 shares of the financial services provider’s stock worth $152,000 after buying an additional 2,735 shares in the last quarter. 86.12% of the stock is currently owned by hedge funds and other institutional investors.

Religious or humane person, how much sympathy do you show others who have unforseen things happen to them?

Sympathy, understanding feelings of others!

33 man out / Baby Jessica / foreclosure-freeze / Sympathy, understanding feelings of others!

33 miners story here
http://buzz.yahoo.com/buzzlog/94069?


Sympathy is a feeling, and most people have sympathy for people who have something bad happen to them. But even better than sympathy is when you actually DO something for others rather than just feeling sympathy.