The first: 2014

Saturday, August 9, 2014

Education portal IndiaCollegeSearch raises investment from IAN members led by Shaadi.com CEO Anupam Mittal
Read More... [Source: IndiaPRwire - Press/News Releases]

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White House sees no prolonged military conflict in Iraq

WASHINGTON (MarketWatch) - The Obama administration stressed again Friday that it has no plans to send U.S. combat troops to Iraq. "There are many challenges facing the people of Iraq right now and it is the view of the president that those problems cannot be solved by the American military," White House spokesman Josh Earnest said at the daily White House briefing. "They can only be solved by an inclusive government in Iraq," he said. The U.S. military can only support that government, he said.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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State Securities Regulators Signal Aggressive Action To Protect and Expand Jurisdiction and Influence in Balancing Investor Protection and Capital Formation

by Robert N. Rapp

NASAA signals a newlyaggressive effort to preserve and expand investor protection authority in theface of continuing pushes for preemption and marginalization of statesecurities regulation in the United States.

Excerpt:

On September 11, 2012,leadership of the North American Securities Administrators Association (NASAA),which is the association of state, provincial and territorial securitiesregulators in the United States, Canada and Mexico, signaled a newly aggressiveeffort to preserve and expand investor protection authority in the face ofcontinuing pushes for preemption and marginalization of state

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WHO declares Ebola epidemic an international health emergency

LONDON (Reuters) - The world's worst outbreak of Ebola that has killed nearly 1,000 people in West Africa represents an international health emergency and could continue spreading for months, the World Health Organization said on Friday.

Read More... [Source: Reuters: Top News]

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The best funds for your grandchild - by the experts

If you want to start a long-term savings plan for children or grandchildren, which fund should you buy?

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Thirteen troops killed in 24 hours in east Ukraine clashes: army

Fighting with pro-Russian separatists in eastern Ukraine has left 13 troops dead in the last 24 hours, Ukraine's military says.
Read More... [Source: The Daily Star >> News >> World]

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India is now flooded with $1 billion per week

After six months of financial drought, global money is flooding into India at the rate of $1 billion a week. If sustained, this will be the mother of all financial stimuli, eclipsing the finance minister's budgetary endeavours.
Read More... [Source: Columnist S A Aiyar | Opinion - The Times of India]

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What can stop hot car deaths?

The case of a Georgia toddler who died in a hot car raises the question: should government or automakers get involved to prevent accidental deaths from heatstroke inside a car?

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Best places to buy a home abroad

If summer sparks your sense of adventure, Caroline McGhie kicks off your property search overseas

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Desjardins Investments Inc. (Re), 2013 CanLII 68203 (QC AMF)

swap — derivatives — debt-like security — equivalent quantity of the underlying — standardized future
Read More... [Source: Recently modified Decisions : Quebec Autorité des marchés financiers]

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Coal's Price Seen Stunted at Year-End Amid Supply Glut: Energy

Plentiful supplies of coal used to generate electricity are poised to cap prices for the fuel near the lowest in five years, even as demand rises heading into the Northern Hemisphere winter.

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MOVES-Bushey to head up high-yield in Europe at Morgan Stanley

LONDON, Aug 7 (IFR) - Morgan Stanley has poached Jane Bushey from Deutsche Bank to head up its high-yield capital markets business in Europe, according to sources.

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Understanding existing research evidence informs the selection of rigorous interventions, the local capacity needs to provide services, the pricing and performance targets for the PFS transaction and the evaluation expectations. This general overview of the strategic planning and five-step process needed to support high-quality PFS projects discusses current opportunities in criminal justice and highlights the models advantages and disadvantages.
Read More... [Source: Urban Institute: Economy/Taxes]

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South African village becomes first to be powered by fuel cells

KROONSTAD South Africa (Reuters) - A South African village has become the first in the world to be powered by fuel cells, companies behind the project said on Tuesday, in a new scheme which could help remote areas of the continent access electricity for the first time.
Read More... [Source: Reuters: Science News]

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Eight Dynamic Tips To Help You Cut Credit Card Debt.

Credit card debt is the main financial problem facing Americans today and it is one of the major factors in many divorces, credit card debt is just getting bigger and bigger and the banks couldn't ...
Read More... [Source: GoArticles - Roger Overanout Recent Articles]

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Texas family sues DirecTV over sex offender who came to their home

DALLAS (Reuters) - A Dallas family has sued satellite television provider DirecTV after a man making a service call at their home was found to be a registered sex offender who took photos of their 12-year-old daughter, their lawyer said on Friday.

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WHO declares Ebola an international health emergency

LONDON/LAGOS (Reuters) - The world's worst outbreak of Ebola that has killed nearly 1,000 people in West Africa represents an international health emergency and could continue spreading for months, the World Health Organization said on Friday.
Read More... [Source: Reuters: Health News]

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Intentional killing of debate needs change

This site is dedicated to the exchange of free ideas and open debate. I quote from Rule 1 1. *Freedom of Speech* - "Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of...
Read More... [Source: Debate Politics Forums]

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University's plan to limit 'Ole Miss' nickname draws rebuke

JACKSON Miss. (Reuters) - The University of Mississippi's plan to further move past its Confederate ties by renaming campus streets and easing use of the "Ole Miss" nickname has angered some critics,...

Read More... [Source: Reuters: Lifestyle]

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YOU’RE NOT GREAT, UNTIL YOU ARE GREAT - Introducing NSG Tiger Woods

So I watched Tiger play the British Open & The Bridgestone Invitational, and finally it was a different Tiger. He didn’t win, or even get a top 10, but it was a Tiger who had finally accepted that he was no longer GREAT and with that acceptance he also accepted the challenge to rise back to Greatness.
Let me explain……Tiger knows that he is the Best, possibly the best that has ever played the game ever! He is used to showing up and having people so afraid that they stop playing their game and play his. He was crushing the competition, but a lot of that was because things went his way. Officials called things his way, the people in the galleries rooted for him and remained quiet when he was teeing off (not always, but mostly), tee times, and practice times seemed to be all in his favor. He hosted half of the tournaments and every Sunday was his day. His only job was concentrating on putting that ball in the hole; this is A mental luxury that only a few golfers ever have.
This is very similar to a company CEO. When they walk in, the tide moves with them. They don’t have to ask people 8 times to do something, or use some kind of angle to get people to do what they need them to do. They just do it. There is no pressure to get the job done a certain way, they just need to make sure they get the job done. It doesn’t matter, how they format charts, or how they display information, if they have a late lunch, if they pissed somebody off, if they are talking on the phone too much. It just doesn’t matter and without all those distractions, the CEO can focus on only one thing, running the company. This makes his job, in some cases much easier then being in middle management.

HOW THIS APPLIES TO US

We have to look at ourselves like CEO’s that aren’t CEO’s yet, or better yet, CEO’s that have been laid off and must start from management level. We know we are CEO material because we already did the job, but now we have to do it all over again. This is similar to where Tiger is now. The important part is knowing that we can and will get to where we belong.

He’s the “Not So Great” Tiger.
The NSG Tiger went through a learning phase his first few tournaments back, and has learned that everybody isn’t scared of him anymore. Now, he has to deal with all the bullcrap that everyone else has to, and STILL win. When he played in his first three tournaments this year he thought he could just walk in and be back on top, during the British Open he realized that he has to go back to 1999 and grind his way to the top again.

YOU ARE NOT GREAT, IF YOU ARE NOT GREAT!
His demeanor during the British Open demonstrated that he understood the challenge and was ready to face it head on. The acknowledgement was there that he knows now that he isn’t Great, unless he’s great. No one is going to give him anything. He must prove himself
all over again. All his past accomplishments are just fairy tales for Youtube. The respect, money and power will only come again with accomplishment.

So that’s where I am. That's where most of us are. Entrepreneur's stuck at our 9 to 5's. It’s not going to be easy. I’m going to have to show everybody and grind my way to the top. You are not Great until you are great. Until you are a CEO, then you are not a CEO. It’s just that simple. The key is to “know” that it’s a process, and be patient, and “know” in your heart that it’s just a matter of time

Tiger might have it easier because he's been there before, so there is very little doubt (at least in his mind and mine) that he will get there again, but there is also very little doubt that I will be there. ….. Trump went bankrupt and was rose right back on top, because once you are there on top and then fall –yes, you have to go through that initial realization process that you have to start again, but it happens quicker because you know exactly how to get there. Becoming a millionaire is great, not because of the money you make but what it makes of you to get to that point. The person and lessons you learn getting there. You have learned the skills required to be successful. You can lose the money, but the skills are much more valuable and much harder to lose. The tricky part is knowing when you must use them. Using them is not easy, and you might have thought you would never have to use some of those skills ever again. Don't worry, part of being successful is knowing when to dust off those skill and "Do Work".

The other alternative is to be like most people and say how great you are, and never really push yourself to do a damn thing. Talk is cheap that’s why there is plenty of it.

Very few can afford to pay the price to be great!
Me, I can’t afford not to!

-MJL
An FTB Bloggers Blog

Read More... [Source: CONFESSIONS OF A POOR, INSANE, FUTURE MILLIONAIRE]

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STIFEL NICOLAUS AND CENTURY SECURITIES CONSENT TO FINES OVER IMPROPER SALES OF LEVERAGED AND INVERSE ETFS

According to a recent news release, the Financial Industry Regulatory Authority (FINRA) has fined Stifel, Nicolaus & Company, Incorporated and an affiliate $550,000 ordered them to pay approximately $475,000 in restitution to 65 customers for making unsuitable recommendations of leveraged and inverse exchange-traded funds (ETFs). The affiliate is Century Securities Associates, Inc., which is owned by Stifel.

Leveraged and inverse ETFs are complex alternative investments that are usually poorly understood by both the selling brokers and investors. They are designed to be short-term trading vehicles that "reset" daily. Consequently, over time, they fail to track the underlying index or benchmark. The use of leverage magnifies such discrepancies. Thus investors may experience large losses even though the long-term performance of the index may gain.

Securities firms and their representatives and their representatives are required to understand investment products before recommending them to their customers. Firms must conduct reasonable due diligence on complex products, train their sales force to adhere to appropriate sales practices, and supervise them to see that such practices are implemented. As in this case, however, selling firms often fall short of their duties.

Stifel and Century representatives did not have a good understanding of leveraged and inverse ETFs, but the firms allowed them to recommend the products to risk averse customers, who suffered significant losses, according to FINRA. FINRA further found that Stifel and Century failed to put reasonable supervisory systems in place. The time period involved was January 2009 though June 2013.

Stifel and Century consented to FINRA's findings and agreed to pay the fines and restitution.