Slot maker WMS Ind. to be sold for $1.5B













WMS Industries being sold


WMS Industries president and CEO Orrin Edidin among slot machines at WMS headquarters on the northwest side of Chicago.
(Alex Garcia/ Chicago Tribune / January 31, 2013)



























































Scientific Games Corp. said it would acquire rival WMS Industries Inc. for about $1.42 billion to beef up its gaming machines business.

Scientific Games, which makes tickets and software for lotteries, will pay $26 for each WMS common share, a 59 percent premium to the stock's closing price of $16.37 on the New York Stock Exchange on Wednesday.

WMS shares rose 54 percent to $25.25 in premarket trade on Thursday.

The deal, which includes debt of $85 million and cash on hand of $55 million, will immediately add to earnings per share and free cash flow, Scientific Games said.

WMS Industries, which competes with Bally Technologies Inc., manufactures and distributes games, video and mechanical reel-spinning gaming machines and video lottery terminals.

BofA Merrill Lynch and Credit Suisse Securities LLC advised Scientific Games on the deal, while Cleary Gottlieb Steen & Hamilton LLP was the legal adviser.

Macquarie Capital advised WMS on the deal.

Scientific Games shares closed at $8.93 on the Nasdaq on Wednesday.

WMS Net Income Quarterly Chart

WMS Net Income Quarterly data by YCharts






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Ex-Gov. Ryan arrives at halfway house: 'He has paid a severe price'









A somber and silent George Ryan arrived at a West Side halfway house this morning after the former governor was released from a federal prison in Indiana.


Wearing a gray sports coat, white shirt and maroon tie, Ryan was surrounded by TV cameras as he walked down the street and entered the four-story red brick building at Ashland Avenue and Monroe Street shortly before 7 a.m.


Ryan smiled tightly as he refused to answer questions from reporters. Ryan's son, George Ryan Jr. and former Gov. Jim Thompson accompanied Ryan into the house.

After Ryan checked in, Thompson came back out and told reporters "today is another step in a long journey for George Ryan. . .He would like me to tell you he's grateful to leave the penitentiary. He's grateful also for the encouragement and support from many people. He has paid a severe price. The loss of his wife and brother while he was in the penitentiary, the loss of his pension, his office, his good name and 5 1/2 years of imprisonment. Now near 80 years old, that is a significant punishment. But he is going to go forward."








Ryan left the prison early this morning and managed to escape the notice of media camped at the facility. The first indication that Ryan has been released was around 6:45 a.m. when he left a building down the street and started walking toward the halfway house.


His son put his left hand on his father and guided him out the door. Ryan kept his head down, his hands in his pockets as he talked to his son and walked slowly through the knot of TV cameras.


As they neared the halfway house, a worker opened the door and tried to clear a path through the cameras. Ryan raised his head, his hands still in his pockets, his son to his right, as he walked down five steps and into the halfway house.


Thompson said Ryan didn't speak much during the van trip to Chicago.


"He didn't talk much, just small talk," Thompson said. "He looks good. He's been lifting weights. . .He knows something about carpentry now.


"He tied his own tie this morning, he hasn't forgotten that," Thompson said. "He's in decent spirits. He has to become accustomed to seeing things differently. . .We came down Michigan Avenue and he was looking at the lights left over from Christmas. That was sort of wonderful, I think. He hasn’t seen the city of Chicago in 5 1/2 years.”


Thompson said people forget that Ryan "was a very good governor." But he added that Ryan "is not bitter, he's not angry. He's accepting. This has been a long fight."


Ryan completed more than 5 years of a a 6 1/2-year prison sentence in Terre Haute, Ind. for a corruption conviction. 


Ryan entered prison on Nov. 7, 2007. His wife of more than 50 years, Lura Lynn, died of cancer in June 2011.


If Ryan does well at the halfway house, he would be eligible to move to home confinement at his Kankakee residence to finish out his sentence, which ends July 4.


The halfway house, operated by the Salvation Army a few blocks east of the United Center, has been a way station for about 20,000 men and women since opening in 1975. Many corrupt Illinois politicians have finished their sentences at the facility. Among the most recent graduates was former Chicago Ald. Edward Vrdolyak.


Ryan's conviction for fraud, racketeering and other charges was the culmination of the federal Operation Safe Road investigation that exposed rampant bribery in state driver's license facilities while he was secretary of state as well as misdeeds as governor.


After a six-month trial, a federal jury convicted Ryan in 2006 of steering millions of dollars in state business to lobbyists and friends in return for vacations, gifts and other benefits to Ryan and his family.


The conviction overshadowed Ryan's long career in government.


The Kankakee native rose from speaker of the Illinois House to win statewide election as lieutenant governor, secretary of state and then one term as governor. His actions as governor included placing a moratorium on the death penalty and emptying death row, moves that won him international acclaim.


Thompson said Ryan may become involved in death penalty issues after his sentence ends in July. "It's way too soon to tell."


chicagobreaking@tribune.com

Twitter: @chicagobreaking





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Yandex puts mobile app blocked by Facebook on hold






MOSCOW (Reuters) – Russian internet company Yandex has put an experimental application that allows users to search social networking sites from mobile devices on hold after it was blocked by Facebook.


Facebook, which launched its own search tool earlier this month, blocked the Wonder app three hours after its launch on January 24 for U.S. users.






The application allows users to look for recommendations on, for example, music or restaurants based on information from their friends on social network sites.


Facebook believes Wonder violates its policies, which state that no data obtained from Facebook can be used in any search engine without the company’s written permission, Yandex said on Wednesday, adding access to Facebook would not be restored.


“Since this access was revoked, we decided to put our application on hold for the time being,” the Russian firm said, adding it would consider partnership with other social networks and services.


Existing Wonder users are still able to search in Instagram, Foursquare and Twitter, a Yandex spokeswoman said, but marketing and further development of the application is on hold.


(Reporting by Maria Kiselyova; Editing by Mark Potter)


Internet News Headlines – Yahoo! News





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Ke$ha bringing her “crazy beautiful life” to MTV series






NEW YORK (Reuters) – Singer Ke$ ha is coming to cable television with a new reality series that promises to document the “drama, madness and euphoria” of her professional and personal life, MTV said on Tuesday.


“Ke$ ha: My Crazy Beautiful Life,” will premiere on MTV in April, the network said.






“You might have heard my voice on the radio, seen me onstage or in a music video, but that’s only a part of the story,” the 25-year-old singer, known for hits including “Tik Tok” and “We R Who We R,” said in a statement.


“With this documentary series I’m revealing a more complete picture of what my life is really like. It’s not all glamorous but it’s all real,” she added.


MTV said the “no-limits” series would depict the music star “as she navigates the drama, madness and euphoria of her professional and personal life while recording a new album and traveling the globe.”


The show was shot over two years by the singer’s brother Lagan Sebert, working with minimal crew, providing what MTV said was an unfiltered, “real and raw” look at her life.


Lagan, a journalist, said that as he watched his sister’s ascent, “I soon realized that the most amazing story was happening in my own family and it became my mission document it … I set off on a two year long journey to tell my sister’s story.”


Ke$ ha has sold 3 million albums and 30 million singles worldwide and has won MTV Europe‘s best new act award. Her most recent album was 2012′s “Warrior.”


(Reporting by Chris Michaud; Editing by Jill Serjeant and Cynthia Osterman)


TV News Headlines – Yahoo! News





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The New Old Age Blog: For Some Caregivers, the Trauma Lingers

Recently, I spoke at length to a physician who seems to have suffered a form of post-traumatic stress after her mother’s final illness.

There is little research on this topic, which suggests that it is overlooked or discounted. But several experts acknowledge that psychological trauma of this sort does exist.

Barry Jacobs, a clinical psychologist and author of “The Emotional Survival Guide for Caregivers” (The Guilford Press, 2006), often sees caregivers who struggle with intrusive thoughts and memories months and even years after a loved one has died.

“Many people find themselves unable to stop thinking about the suffering they witnessed, which is so powerfully seared into their brains that they cannot push it away,” Dr. Jacobs said.

Flashbacks are a symptom of post-traumatic stress disorder, along with feelings of numbness, anxiety, guilt, dread, depression, irritability, apathy, tension and more. Though one symptom or several do not prove that such a condition exists — that’s up to an expert to determine — these issues are a “very common problem for caregivers,” Dr. Jacobs said.

Dolores Gallagher-Thompson, a professor of psychiatry at the Stanford University School of Medicine who treats many caregivers, said there was little evidence that caregiving on its own caused post-traumatic stress. But if someone is vulnerable for another reason — perhaps a tragedy experienced earlier in life — this kind of response might be activated.

“When something happens that the individual perceives and reacts to as a tremendous stressor, that can intensify and bring back to the forefront of consciousness memories that were traumatic,” Dr. Gallagher-Thompson said. “It’s more an exacerbation of an already existing vulnerability.”

Dr. Judy Stone, the physician who was willing to share her mother’s end-of-life experience and her powerful reaction to it, fits that definition in spades.

Both of Dr. Stone’s Hungarian parents were Holocaust survivors: her mother, Magdus, called Maggie by family and friends, had been sent to Auschwitz; her father, Miki, to Dachau. The two married before World War II, after Maggie left her small village, moved to the city and became a corset maker in Miki’s shop.

Death cast a long shadow over the family. During the war, Maggie’s first baby died of exposure while she was confined for a time to the Debrecen ghetto. After the war, the family moved to the United States, where they worked to recover a sense of normalcy and Miki worked as a maker of orthopedic appliances. Then he died suddenly of a heart attack at the age of 50.

“None of us recovered from that,” said Dr. Stone, who traces her interest in medicine and her lifelong interest in fighting for social justice to her parents and trips she made with her father to visit his clients.

Decades passed, as Dr. Stone operated an infectious disease practice in Cumberland, Md., and raised her own family.

In her old age, Maggie, who her daughter describes as “tough, stubborn, strong,” developed macular degeneration, bad arthritis and emphysema — a result of a smoking habit she started just after the war and never gave up. Still, she lived alone, accepting no help until she reached the age of 92.

Then, in late 2007, respiratory failure set in, causing the old woman to be admitted to the hospital, then rehabilitation, then assisted living, then another hospital. Maggie had made her preferences absolutely clear to her daughter, who had medical power of attorney: doctors were to pursue every intervention needed to keep her alive.

Yet one doctor sent her from a rehabilitation center to the hospital during respiratory crisis with instructions that she was not to be resuscitated — despite her express wishes. Fortunately, the hospital called Dr. Stone and the order was reversed.

“You have to be ever vigilant,” Dr. Stone said when asked what advice she would give to families. “You can’t assume that anything, be it a D.N.R. or allergies or medication orders, have been communicated correctly.”

Other mistakes were made in various settings: There were times that Dr. Stone’s mother had not received necessary oxygen, was without an inhaler she needed for respiratory distress, was denied water or ice chips to moisten her mouth, or received an antibiotic that can cause hallucinations in older people, despite Dr. Stone’s request that this not happen. “People didn’t listen,” she said. “The lack of communication was horrible.”

It was a daily fight to protect her mother and make sure she got what she needed, and “frankly, if I hadn’t been a doctor, I think I would have been thrown out of there,” she said.

In the end, when it became clear that death was inevitable, Maggie finally agreed to be taken off a respirator. But rather than immediately arrange for palliative measures, doctors arranged for a brief trial to see if she could breathe on her own.

“They didn’t give her enough morphine to suppress her agony,” Dr. Stone recalled.

Five years have passed since her mother died, and “I still have nightmares about her being tortured,” the doctor said. “I’ve never been able to overcome the feeling that I failed her — I let her down. It wasn’t her dying that is so upsetting, it was how she died and the unnecessary suffering at the end.”

Dr. Stone had specialized in treating infectious diseases and often saw patients who were critically ill in intensive care. But after her mother died, “I just could not do it,” she said. “I couldn’t see people die. I couldn’t step foot in the I.C.U. for a long, long time.”

Today, she works part time seeing patients with infectious diseases on an as-needed basis in various places — a job she calls “rent a doc” — and blogs for Scientific American about medical ethics. “I tilt at windmills,” she said, describing her current occupations.

Most important to her is trying to change problems in the health system that failed her mother and failed her as well. But Dr. Stone has a sense of despair about that: it is too big an issue, too hard to tackle.

I’m grateful to her for sharing her story so that other caregivers who may have experienced overwhelming emotional reactions that feel like post-traumatic stress realize they are not alone.

It is important to note that both Dr. Jacobs and Dr. Gallagher-Thompson report successfully treating caregivers beset by overwhelming stress. It is hard work and it takes time, but they say recovery is possible. I’ll give a sense of treatment options they and others recommend in another post.

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Airlines had earlier 787 battery issues

U.S. Transportation regulators are asking Boeing for a complete history of the lithium-ion batteries used on 787 Dreamliners. Battery problems have grounded all 50 787s in use around the world. (Jan. 30)









Japan's two biggest airlines replaced below-par lithium-ion batteries on their Boeing Co. 787 Dreamliners in the months before separate incidents led to the technologically advanced aircraft being grounded worldwide due to battery problems.

Comments from both All Nippon Airways, the new Boeing jetliner's biggest customer to date, and Japan Airlines Co Ltd point to reliability issues with the batteries long before a battery caught fire on a JAL 787 at Boston's airport and a second battery was badly charred and melted on an ANA domestic flight that was forced into an emergency landing.






ANA said it changed 10 batteries on its 787s last year, but did not inform accident investigators in the United States because the incidents, including five batteries that had unusually low charges, did not compromise the plane's safety, spokesman Ryosei Nomura said on Wednesday.

JAL also replaced batteries on the 787 “on a few occasions”, said spokeswoman Sze Hunn Yap, declining to be more specific on when units were replaced or whether these were reported to authorities.

ANA did, however, inform Boeing of the faults that began in May, and returned the batteries to their manufacturer, GS Yuasa Corp. A spokesman for the battery maker declined to comment on Wednesday. Shares of the company fell 1.2 percent.

Boeing spokesman Marc Birtel said the airplane maker could not comment as the U.S. National Transportation Safety Board (NTSB) has indicated this is now part of their investigation.

LITTLE HEADWAY

The New York Times earlier quoted an NTSB spokeswoman as saying the agency would include these “numerous issues” with the 787 battery in its investigations.

Under aviation inspection rules, airlines are required to perform detailed battery inspections once every two years.

Officials are carrying out detailed tests on the batteries, chargers and monitoring units in Japan and the United States, but have so far made little headway in finding out what caused the battery failures.

Japan's transport ministry said the manufacturing process at the company which makes the 787 battery's monitoring unit did not appear to be linked to the problem on the ANA Dreamliner that made the emergency landing.

The NTSB said on Tuesday it was carrying out a microscopic investigation of the JAL 787 battery. Neither it nor the Japan Transport Safety Board has been able to say when they are likely to complete their work.

The global fleet of 50 Dreamliners - 17 of which are operated by ANA - remain grounded, increasing the likely financial impact to Boeing, which is still producing the aircraft but has stopped delivering them, and the airlines that fly the Dreamliner.

Boeing is due to report its latest quarterly earnings later on Wednesday, and ANA posts its earnings on Thursday. ANA shares rose 0.56 percent on Wednesday.
 

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2 men wounded at gas station where clerk slain in July









At least eight people were shot across Chicago overnight, including two men wounded just outside a West Side gas station where a clerk was slain last summer, authorities said.

The men, 31 and 34, were sitting in a car in front of the gas station in the 3300 block of West Washington Boulevard in East Garfield Park around 10:30 p.m., according to police.

Someone parked a van in the street, got out, walked up and shot them, police said. They were taken to Stroger Hospital and were expected to survive, police said.

In July, a clerk was shot and killed at the station about two hours before his shift was to end, according to police and the man's family.

In other shootings:

• About 2 a.m. a 26-year-old man was shot above the knee after he stepped onto a porch in the 2200 block of West 71st Street in the West Englewood neighborhood to smoke, police said. He was taken to Advocate Christ Medical Center and was reported stable.

•  Someone inside a car shot at a 37-year-old man in the 2400 block of West Huron Street in the West Town neighborhood about 12:15 a.m., police said. He was taken to Stroger Hospital.

•  Another man, 38, was shot while driving in the 7200 block of South Champlain Avenue in the Park Manor neighborhood about 9:45 p.m. Monday. He crashed into a pole after suffering a wound to the lower back, police said, and was taken to Advocate Christ Medical Center.

• Just before 9 p.m., someone shot a 23-year-old man in the abdomen in the 8300 block of South Carpenter Street, police said. The man was taken to Advocate Christ Medical Center from near 83rd and Morgan Street, where he had walked after getting shot.

•  A 26-year-old man who had been shot in the right arm in the 2100 block of North Tripp Avenue in the Hermosa neighborhood was found a couple blocks away on Fullerton Avenue around 7 p.m., police said. He was taken to Advocate Illinois Masonic Medical Center in good condition, police said.

•  A 20-year-old man was in serious condition after someone shot him in the back in the 6200 block of South Artesian Avenue about 5:10 p.m. Monday in the Chicago Lawn neighborhood.  He was taken to Mount Sinai Hospital, according to the Chicago Fire Department.

pnickeas@tribune.com
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Children’s magazine promotes adult video games






LONDON (Reuters) – A British magazine distributed by a joint venture of Conde Nast and Hearst Corporation and aimed at primary school children has been featuring images of adult-rated video games.


The most recent issue of Cool Kidz, which is published by privately-owned LCD Publishing, contained images of five games that carried age ratings of 18 years, under the European gaming industry’s PEGI rating scheme.






Screenshots appeared as double-page spreads, for use as posters, and were reproduced in spot-the-difference and other puzzles. Earlier issues also had images from 18- and 16-rated games.


Children’s campaigners said the images reflected a growing problem of young children being exposed to violent video games, thereby increasing the chance they start playing them earlier.


It also highlighted what some critics describe as an apparent gap in regulation of children’s magazines since LCD does not appear to have broken any law or industry rule.


LCD Publishing, which is based in Exeter, southwest England, said it took its responsibilities to young readers seriously.


“We censor the images we use to ensure that there is no blood or apparent body damage,” owner Allen Trump said in an emailed statement.


He said the images used were suitable for children 12 or older, although he added the magazine was targeted at children up to 12 years.


The pictures printed depicted life-like computer generated images of men carrying weapons including assault rifles, Bowie knives, an axe, an anti-tank weapon and pistols.


The images showed explosions but not the visceral, bloody combat or scenes of a sexual nature for which the games are frequently criticized by parents’ groups and women’s rights advocates.


Cool Kidz is distributed by Comag, which is controlled by privately-owned U.S. magazine publishers Conde Nast, owners of Vogue magazine, and the Hearst Corporation, owner of Cosmopolitan magazine.


All three groups declined repeated requests for comment.


London-based Comag is one of the largest magazine distributors in the UK with annual turnover of around 230 million pounds ($ 360 million), according to its most recent accounts.


FREE PROMOTION


Trump said LCD downloaded the game images from the Internet although he was also occasionally approached by public relations firms seeking coverage of their clients’ games.


Games publishers regularly post images on their websites, for use by online and print publishers, thus helping create awareness of their game.


Games firms contacted by Reuters said they were unaware Cool Kidz, which has been published for seven years, had been using their images.


The adult games Cool Kidz featured included Hitman: Absolution, Call of Duty Black Ops II, Assassins Creed III, Farcry 3 and Dishonored.


Representatives for Japan’s Square Enix, publisher of the Hitman series, privately-owned Bethesda Softworks, publisher of Dishonored, and Ubisoft Entertainment, publisher of Assassins Creed III and Farcry 3, said they opposed the use but declined to say whether they would take any legal action against LCD.


Call of Duty publisher Activision declined to comment.


Alison Sherratt, senior vice-president of teachers union ATL, said publishers and government needed to do more to limit children’s’ exposure to games.


“It puts peer pressure on children .. If they see these images, it gives them the idea it’s ok, it’s all right to play these games,” she added.


A spokeswoman for the Advertising Standards Authority said games companies could not advertise 18 rated games in children’s magazines and a spokesman for the Video Standards Council (VSC), the UK affiliate of PEGI, said its rules also prohibited this.


However, since the images were not paid-for advertising, or supplied to Cool Kidz by the games publishers, these rules do not apply.


The Press Complaints Commission can adjudicate on complaints against magazines but only in respect of its members. LCD is not one.


The Office of Fair Trade and the Professional Publishers Association, trade group for magazine publishers, said they were unaware of any bodies that had regulatory powers over the content of children’s magazines.


(Reporting by Tom Bergin; Editing by Jon Boyle)


Gaming News Headlines – Yahoo! News





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Oscar nod for protest film cheers Palestinians






RAMALLAH, West Bank (Reuters) – Oscar-nominated documentary “5 Broken Cameras” screened for Palestinians for the first time on Monday, leaving locals hopeful that their struggle with Israel for land and statehood will gain a global audience.


The low-cost film is based on five years of amateur camera work by journalist Emad Burnat as he documented weekly protests against land seizures by Israeli forces and Jewish settlers in his village of Bil’in in the occupied West Bank.






Neighbors are killed in the protests and demolition equipment mars the landscape while the filmmaker captures his infant son’s rapid loss of innocence, heralded by his first words: “wall” and “army.”


“This is a film for those who were martyred. It’s bigger than me and bigger than Bil’in. More than a billion people follow the Oscars and they will know our struggle now,” Burnat said after the viewing.


His work will compete at next month’s Oscar ceremony against four other films, including a documentary called “The Gatekeepers” that looks at the decades-old Middle East conflict through the eyes of six top former Israeli intelligence bosses.


Although the perspective is very different, both movies share a surprisingly similar message — the Israeli occupation of the West Bank is morally wrong and must end.


Burnat’s film received a standing ovation at its premier in Ramallah, the Palestinians‘ administrative capital, with the audience excited to see their seemingly endless conflict splashed on the big screen.


“The film shows the whole world what occupation is. It wiped the happiness off the boy’s face at too young an age. This has been the experience for all of us,” said taxi driver Ahmed Mustafa, who brought his wife and child to the viewing


“It’s not all bad though. It shows that there is progress, there are victories, and that our cause is still alive and moving,” he said.


In 2007, Israel’s High Court ruled that the separation barrier built on Bil’in lands was illegal and ordered it rerouted, cheering activists. The ruling was finally implemented in 2011, but the protests continue.


ISRAELI CO-DIRECTION


Humble villagers in black-and-white chequered Palestinian scarves and smartly dressed city dwellers shared the same visceral reaction to scenes in the film that are much chronicled but seldom appear in feature-length film.


A shot of olive trees reduced to glowing embers after being torched by Jewish settlers coaxes an audible gasp from viewers.


“Oh God!” said one man.


But as Burnat’s camera captures defiant chants in the protagonists’ village accent, or rocks being hurled at fleeing Israeli jeeps, ecstatic applause filled the hall.


The film was co-directed by an Israeli activist and filmmaker, Guy Davidi. This close association has led some people to classify 5 Broken Cameras as an Israeli movie and it was rejected by a Morocco film festival for this reason.


However, Burnat said it had been shown in Iran and other Middle Eastern countries and denied that the joint production reflected any meaningful “normalization” of relations between Israel and the Palestinians.


“(Davidi) is a solidarity activist who came to the village to show his support. He was shown our material and agreed to help. This doesn’t represent Israeli-Palestinian collaboration,” Burnat said.


But the film’s action shows many examples of cooperation between Israeli solidarity activists and locals.


An Israeli photographer gives Burnat one of his five cameras, which are progressively shot or crushed in protests over the years, giving the film its name, and Israeli solidarity activists are shown helping to plan protests in Hebrew.


“Working jointly with an Israeli doesn’t diminish this work, it enhances it,” Palestinian student Amira Daood told Reuters.


“They’re not all against us. Some are opposed to what Israel is doing and the movie demonstrates that,” she said.


(Reporting By Noah Browning, editing by Paul Casciato)


Movies News Headlines – Yahoo! News





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Rescuer Appears for New York Downtown Hospital





Manhattan’s only remaining hospital south of 14th Street, New York Downtown, has found a white knight willing to take over its debt and return it to good health, hospital officials said Monday.




NewYork-Presbyterian Hospital, one of New York City’s largest academic medical centers, has proposed to take over New York Downtown in a “certificate of need” filed with the State Health Department. The three-page proposal argues that though New York Downtown is projected to have a significant operating loss in 2013, it is vital to Lower Manhattan, including Wall Street, Chinatown and the Lower East Side, especially since the closing of St. Vincent’s Hospital after it declared bankruptcy in 2010.


The rescue proposal, which would need the Health Department’s approval, comes at a precarious time for hospitals in the city. Long Island College Hospital, just across the river in Cobble Hill, Brooklyn, has been threatened with closing after a failed merger with SUNY Downstate Medical Center, and several other Brooklyn hospitals are considering mergers to stem losses.


New York Downtown has been affiliated with the NewYork-Presbyterian health care system while maintaining separate operations.


“We are looking forward to having them become a sixth campus so the people in that community can continue to have a community hospital that continues to serve them,” Myrna Manners, a spokeswoman for NewYork-Presbyterian, said.


Fred Winters, a spokesman for New York Downtown, declined to comment.


Presbyterian’s proposal emphasized that it would acquire New York Downtown’s debt at no cost to the state, a critical point at a time when the state has shown little interest in bailing out failing hospitals.


The proposal said that if New York Downtown were to close, it would leave more than 300,000 residents of Lower Manhattan, including the financial district, Greenwich Village, SoHo, the Lower East Side and Chinatown, without a community hospital. In addition, it said, 750,000 people work and visit in the area every day, a number that is expected to grow with the construction of 1 World Trade Center and related buildings.


The proposal argues that New York Downtown is essential partly because of its long history of responding to disasters in the city. One of its predecessors was founded as a direct result of the 1920 terrorist bombing outside the J. P. Morgan Building, and the hospital has responded to the 1975 bombing of Fraunces Tavern, the 1993 and 2001 attacks on the World Trade Center, and, this month, the crash of a commuter ferry from New Jersey.


Like other fragile hospitals in the city, New York Downtown has shrunk, going to 180 beds, down from the 254 beds it was certified for in 2006, partly because the more affluent residents of Lower Manhattan often go to bigger hospitals for elective care.


The proposal says that half of the emergency department patients at New York Downtown either are on Medicaid, the program for the poor, or are uninsured.


NewYork-Presbyterian would absorb the cost of the hospital’s maternity and neonatal intensive care units, which have been expanding because of demand, but have been operating at a deficit of more than $1 million a year, the proposal said.


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