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Hub You - Fed Raids: Pertinent or Paranoid?
They call them mystery shoppers, or secret shoppers and as far as anyone knows what they do is to go in and evaluate stores and restaurants to see how the service is. There are rumors that some people make a full time living doing mystery shops, while others say that it is a good way to make a little bit of extra money. What is the truth about mystery shoppers jobs, and is it right for you?The first thing that you might be surprised to learn is that when you become a mystery shopper you are actually working for a broker company. Stores come to these companies looking for people to evaluate their products and their sales staff. Often you are sent in with a specific list of questions that you must ask of employees working in various departments. You need to do everything from getting the name and a description of the employee to tracking their response and response time. Many times they must acknowledge you within a certain
"Further information can be found at:
www.e-gold.com
www.omnipay.com
www.treas.gov/press/releases/reports/js3077_01112005_MLTA.pdf"
The proactive approach by e-Gold should be applauded. INT Gold should have done the same thing.
If more of the publi
A career with the Federal Aviation Administration or FAA might not be such a bad idea, as there is a severe shortage of Air Traffic Controllers right now. The Federal Aviation Administration predicts this shortage to continue and the GAO is stating it could get very serious. In fact some are blaming the Lexington, KY crash on the fact that there was only one air-traffic controller on duty, when really three were needed.The Federal Aviation Administration employee admitted to having his backed turned as the jet got onto the wrong runway for take-off, a runway too short for Jets and mostly used for General Aviation only. Of course it is still pilot error, yet this is one of the first real examples of the problem and the Federal Aviation Administration knows that safety is paramount in their line of work.The Federal Aviation Administration will no doubt be hiring feverously to insure they have staff on hand in all thei
It's no surprise that a great deal of lawmakers' time is spent reacting to advances in commerce and science. It's also no surprise that one of their favorite tactics is to call on their enforcement agencies to bring scrutiny against any topic about which they're struggling to understand.
We're now seeing this applied against at least two e-currency operations.
One of them, INT Gold, saw their head offices in Texas raided by the FBI in December. No arrests were made and no disclosures were presented to indicate the reason for their actions. The only auspices mentioned were that they were pursuing an ongoing fraud investigation. It's now been over a month and nothing further has happened.
At roughly the same time, e-Gold was also served with a search warrant. It seems the justification was petty --- they allegedly didn't have a 'required' currency-exchange license --- and they were upset enough to place the following posting on their website:
e-gold® welcomes US Government review of its status as a privately issued currency January 20, 2006
"Starting in mid-December 2005, Gold & Silver Reserve, Inc. (G&SR), contractual Operator and primary dealer for e-gold, has been the subject of a warranted search of its premises and records, had its domestic bank accounts frozen, and been the target of a precisely timed, extraordinarily misleading attack by a major business publication.
"In an emergency hearing in US District Court January 13, 2006, the freeze order on G&SR's bank accounts was lifted. Though numerous criminal claims had been made in obtaining the search and seizure warrants, the Government has not sustained these allegations and the only remaining claim is a contention that G&SR has operated as a currency exchange without the proper license. G&SR had previously proposed to the Government that e-gold be classified for regulatory purposes as a currency, enabling G&SR to register as a currency exchange. In a Treasury report released January 11, 2006, however, the Department of Treasury reaffirmed their interpretation of the USC and CFR definitions of currency as excluding e-gold.
"G&SR, for nearly a year, has been engaged with an agency of Treasury in a BSA (Bank Secrecy Act) compliance examination it had voluntarily initiated. G&SR, though preferring that the venue was not a courtroom, welcomes the opportunity to extend its discussions with the Government on how best to achieve appropriate statutory or regulatory cognizance of e-gold while continuing to build e-gold's market share as a medium of international commerce.
"Despite the unfounded charges and adverse misleading publicity that have severely damaged both e-gold and G&SR, G&SR has continued to meet all financial obligations and remain completely operational. e-gold remains highly committed to its goal of bringing, for the first time in history, to people of any financial means across the globe, a secure payment mechanism at a fraction of the cost of any other system. e-gold fully expects to transcend the unfortunate events of the past month and resume its exponential growth.
"Further information can be found at:
www.e-gold.com
www.omnipay.com
www.treas.gov/press/releases/reports/js3077_01112005_MLTA.pdf"
The proactive approach by e-Gold should be applauded. INT Gold should have done the same thing.
If more of the public
In part 1 of this article series, we described the staging area and the ETL process of a data warehouse architecture. In the present and following article we shall describe the presentation area of the data warehouse. The term presentation is used to denote the fact that this is the area, where data are presented to its Customers (the business analysts). There is no globally acceptable standard on the development of the data warehouse presentation area. Two major approaches have prevailed:· the dimensional datawarehouse approach (proposed by R. Kimball)· the corporate information factory (CIF) approach (proposed by B. Inmon) Kimball approach According to the Kimball approach, the presentation area is made of a number of dimensional data structures, called star schemas. A star schema is a relational data structure which involves the following: a fact table which stor
At roughly the same time, e-Gold was also served with a search warrant. It seems the justification was petty --- they allegedly didn't have a 'required' currency-exchange license --- and they were upset enough to place the following posting on their website:
e-gold® welcomes US Government review of its status as a privately issued currency January 20, 2006
"Starting in mid-December 2005, Gold & Silver Reserve, Inc. (G&SR), contractual Operator and primary dealer for e-gold, has been the subject of a warranted search of its premises and records, had its domestic bank accounts frozen, and been the target of a precisely timed, extraordinarily misleading attack by a major business publication.
"In an emergency hearing in US District Court January 13, 2006, the freeze order on G&SR's bank accounts was lifted. Though numerous criminal claims had been made in obtaining the search and seizure warrants, the Government has not sustained these allegations and the only remaining claim is a contention that G&SR has operated as a currency exchange without the proper license. G&SR had previously proposed to the Government that e-gold be classified for regulatory purposes as a currency, enabling G&SR to register as a currency exchange. In a Treasury report released January 11, 2006, however, the Department of Treasury reaffirmed their interpretation of the USC and CFR definitions of currency as excluding e-gold.
"G&SR, for nearly a year, has been engaged with an agency of Treasury in a BSA (Bank Secrecy Act) compliance examination it had voluntarily initiated. G&SR, though preferring that the venue was not a courtroom, welcomes the opportunity to extend its discussions with the Government on how best to achieve appropriate statutory or regulatory cognizance of e-gold while continuing to build e-gold's market share as a medium of international commerce.
"Despite the unfounded charges and adverse misleading publicity that have severely damaged both e-gold and G&SR, G&SR has continued to meet all financial obligations and remain completely operational. e-gold remains highly committed to its goal of bringing, for the first time in history, to people of any financial means across the globe, a secure payment mechanism at a fraction of the cost of any other system. e-gold fully expects to transcend the unfortunate events of the past month and resume its exponential growth.
"Further information can be found at:
www.e-gold.com
www.omnipay.com
www.treas.gov/press/releases/reports/js3077_01112005_MLTA.pdf"
The proactive approach by e-Gold should be applauded. INT Gold should have done the same thing.
If more of the publi
To stop a computer virus you must understand how it works, grows and what it’s innate purpose is? What is its program, evolution and future vectors. The fastest way to expand a business or exploit a competitor on a sports team is to use the organizational patterns of nature like swarms, ants, and viruses. The human body is has a good defense mechanism against an organic virus, it is bigger with a strong immune systemIn business large corporations have the advantage; once large and a big boundary of safety as in a large complex life form you operate inside a boundary and use your overwhelming size to your advantage. It is not a whole lot less than the Motley Fools advice to be a rule breaker or a rule maker. Rule makers can put up borders to entry, choke points, change policy rules, serve political will by leverage, etc. The human body is large with many layers of defense to stop the intruding virus. We are attacked by viru
"In an emergency hearing in US District Court January 13, 2006, the freeze order on G&SR's bank accounts was lifted. Though numerous criminal claims had been made in obtaining the search and seizure warrants, the Government has not sustained these allegations and the only remaining claim is a contention that G&SR has operated as a currency exchange without the proper license. G&SR had previously proposed to the Government that e-gold be classified for regulatory purposes as a currency, enabling G&SR to register as a currency exchange. In a Treasury report released January 11, 2006, however, the Department of Treasury reaffirmed their interpretation of the USC and CFR definitions of currency as excluding e-gold.
"G&SR, for nearly a year, has been engaged with an agency of Treasury in a BSA (Bank Secrecy Act) compliance examination it had voluntarily initiated. G&SR, though preferring that the venue was not a courtroom, welcomes the opportunity to extend its discussions with the Government on how best to achieve appropriate statutory or regulatory cognizance of e-gold while continuing to build e-gold's market share as a medium of international commerce.
"Despite the unfounded charges and adverse misleading publicity that have severely damaged both e-gold and G&SR, G&SR has continued to meet all financial obligations and remain completely operational. e-gold remains highly committed to its goal of bringing, for the first time in history, to people of any financial means across the globe, a secure payment mechanism at a fraction of the cost of any other system. e-gold fully expects to transcend the unfortunate events of the past month and resume its exponential growth.
"Further information can be found at:
www.e-gold.com
www.omnipay.com
www.treas.gov/press/releases/reports/js3077_01112005_MLTA.pdf"
The proactive approach by e-Gold should be applauded. INT Gold should have done the same thing.
If more of the publi
The least expensive, most effective way for you to promote your product is through media coverage. Reporters are excellent communicators. They can often tell your story better than you can. They also have the attention of the public.No promotional tool is more underused than product news coverage. I know because my company, Media Relations, Inc. has been arranging product news stories for 18 years. We are forced to be an aggressive sales organization because of the limited demand for what we sell.But, the more we educate people about the power of publicity, the more companies see the light and understand its value. Product news coverage is sales-rich content that meets people where they live. It’s inexpensive compared to other promotions, and your competition is most likely missing it. Imagine the impact on sales if reporters were telling the masses about your product in their stories.Most PR firms follow the
"G&SR, for nearly a year, has been engaged with an agency of Treasury in a BSA (Bank Secrecy Act) compliance examination it had voluntarily initiated. G&SR, though preferring that the venue was not a courtroom, welcomes the opportunity to extend its discussions with the Government on how best to achieve appropriate statutory or regulatory cognizance of e-gold while continuing to build e-gold's market share as a medium of international commerce.
"Despite the unfounded charges and adverse misleading publicity that have severely damaged both e-gold and G&SR, G&SR has continued to meet all financial obligations and remain completely operational. e-gold remains highly committed to its goal of bringing, for the first time in history, to people of any financial means across the globe, a secure payment mechanism at a fraction of the cost of any other system. e-gold fully expects to transcend the unfortunate events of the past month and resume its exponential growth.
"Further information can be found at:
www.e-gold.com
www.omnipay.com
www.treas.gov/press/releases/reports/js3077_01112005_MLTA.pdf"
The proactive approach by e-Gold should be applauded. INT Gold should have done the same thing.
If more of the publi
The selection of a CAD/CAM system is an important one for any design or manufacturing company. It has ramifications all the way from the beginning of the product concept phase to the end of the manufacturing process. It is likely that, only a single CAD or CAM vendor will be chosen, (although multiple stations may be procured). For most companies, a CAD/CAM software purchase decision is a one-time event. Because of this fact most companies have somewhat limited experience in the purchase of a CAD CAM system. A reliable CAD CAM consulting firm can be an important ally in the process of system selection.This review will consider five important criteria. These criteria are listed in order of importance. Most companies place a great emphasis on initial cost and the list of features / benefits first. In this recommendation, ease of use is listed first.1)Ease of use - productivity2)Vendor stability an
"Further information can be found at:
www.e-gold.com
www.omnipay.com
www.treas.gov/press/releases/reports/js3077_01112005_MLTA.pdf"
The proactive approach by e-Gold should be applauded. INT Gold should have done the same thing.
If more of the public only knew how many times search papers were served on financial institutions for one reason or another, they'd no doubt be as skeptical as I am about the publicity the authorities have given their actions against these two e-currency companies.
Let's consider how authorities move against major banks when wrongdoing is suspected. One characteristic which becomes quickly evident is that any releases issued by the investigating authorities have always been very specific in their nature, because major banks have enough financial and political clout to strike back at anything less.
An example of a precisely identified transgression is the Citigroup private banking scandal in Tokyo in 2004. The Japanese authorities said the bank helped clients manipulate accounting records through improper real estate transactions, failed to process tax refunds for clients and mismanaged customers’ confidential information. As a result, they ordered Citigroup's Japanese private banking operations to close, but took measures to ensure all unaffected investors would be minimally affected while they moved their accounts.
Rarely, total loss to depositors happens. The Silverado collapse in Colorado sent Charles Keating to prison for what should be a thousand life terms, as more people than that lost their life savings. It's notable that this occurred in what was a laissez-faire junk bond scenario.
Raids only receive mention when it serves the authorities' purposes to do so. One reason for this is because the searches and/or seizures don't yield sufficient results to merit charges being filed. There can exist a vast gray area in modern financial activities, and when the fine print of a certain situation is scrutinized, it often occurs that, perhaps those activities have sailed close to the legal wind, but they did not take the airs of disrepute.
It remains to be seen what they're investigating at INT Gold. As opposed to their treatment of major banks, the nature of the authorities' announcement of this raid was quite vague, which I'm sure was by design. So, the issue is one of whom they were attempting to stir. However, American law says the parties involved are innocent until proven guilty, so they should duly be accorded that right. Until the entire story comes to light, it's improper to cast aspersions. After all, as with most raids at major banks that go unpublicized, it may be that the transgressor is not the company, but a client who has abused its privileges within that company's facilities.
The e-currency investigations are surely a result, in part, of one government's indecision as to how to regulate e-currencies within their borders when those currencies are neither fiat nor necessarily domiciled within those bor
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