gsc999
04-10 05:12 PM
Kudo's to Nola for comming out with the Idea and working tirelessly to Launch Team IV over the past couple of months. You are Awesome
--
Nola has done pioneering work. Santb, thanks for your tiresome support
--
Nola has done pioneering work. Santb, thanks for your tiresome support
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SGP
04-12 02:39 PM
$$$$$$$$$$$$$$$GOOD AFTERNOON GC$$$$$$$$$$$$$$$$
Deadline = April 30th, 2011
Goal = 5000 votes on survey (see I-485 filing w/o current PD thread) and momentum to continue with this campaign.The survey is a platform to gather and push for launching action items. Based on response by 04/30/2011 - IV will decide whether to even proceed with initiative or not.
Actions - 1) Vote on survey.
2)Email ivcoordinator@gmail.com with PD, ph#,email & subject "I485 filing impacted�,
3)Print/Circulate Fliers and spread FB, wiki link (see "support thread")
This is a supporting thread to the "Want to File I-485 without Current Priority Date? Gather here" thread started by pappu.
As suggested by pappu/starsun, this supporting thread provides impacted members with additional information and tools to help the initiative.
Visit Immigration Voice Wiki (http://immigrationvoice.org/wiki/index.php/Employment_Based_Green_Card#Process_.28EB1.2C_EB2. 2C_and_EB3.29) - for overview of Employment Based - Green Card process
Visit I485 Filing w/o current PD Wiki (http://immigrationvoice.org/wiki/index.php/Current_Grass-Roots_Initiative_-_I-485_Filing_without_Current_Priority_Date) - for overview of this initiative
As pappu stated in the first post of the above referenced thread - some of the ongoing efforts include finding how many IV members would get benefit from such a provision and get basic details such as username/Priority Date of impacted members. Future action items might include drafting documents and letters to support this provision. There maybe actions such as sending emails etc. However we would not be able to open a public action item unless we can have thousands of our members willing to participate in a grassroots action item. This survey intends to understand the needs of our membership for this provision and collect grassroots information.
The fact is we have a dedicated group of volunteers (and we need more) who have been trying their best to spread the message about this initiative so that a strong grass-roots support can be created leading up to launch of the public action items. So far we have around 1100 people who have responded. Based on quick calculations carried out using PERM data, it is estimated that there are at least 60K-70K EB applicants waiting to file I-485/EAD/AP (this is a very conservative estimate..the actual number could be much more). Grass-roots initiatives require time and patience and we request maximum number of impacted folks to participate actively.
-------------------------------------------------------------------------------------------------
What can you do to participate?
1) Vote on the poll/survey created by Pappu.
http://immigrationvoice.org/forum/forum14-members-forum/1599353-want-to-file-485-when-pd-is-not-current-gather-here.html
Then please send an email to ivcoordinator@gmail.com (starsun) with subject - "I485 filing without current PD - Impacted Member". Include your a) IV username b) Email address c) Phone #, d) State of Residence e) Priority Date - so that grassroot efforts can be coordinated
2) Print out below Flier and circulate at all asian/indian malls/groceries/theaters. Forward the flier to your friends/co-workers and ask them to do the same.
I485 Filing Initiative Flier (http://immigrationvoice.org/wiki/images/a/a8/Flier_I485_latest2.pdf)
3) Volunteers have created a facebook community and an Immigration Voice WIKI page to spread the message about this initiative. Please circulate these links among your friends/co-workers who will be helped.
Please "Share" and "Link" and "send to friend" the facebook community via your Facebook account. Also include these two links when you post on the IV forum.
Facebook - IV I485 filing w/o current PD initiative community (http://www.facebook.com/home.php#!/pages/Immigration-Voice-Grass-roots-Campaigns/150562351660693?v=info)
(Just FYI that you might have to be logged in for the above link to direct to the facebook community. Alternately, search for "Immigration Voice Grass-roots Campaigns" to find the community after logging in. Search "Immigration Voice" to go to the IV's main facebook page)
Immigration Wiki -
I485 Filing Initiative - IV Wiki (http://immigrationvoice.org/wiki/index.php/Current_Grass-Roots_Initiative_-_I-485_Filing_without_Current_Priority_Date)
------------------------------------------------------------------------------------------------
PM these members for additional info:
nmdial ; geevikram ; vbkris77 ; ashwin_27 ; snathan
Dedicated members can also join the leaders group: http://groups.google.com/group/485-filing-iv-initiative
------------------------------------------------------------------------------------------------
Deadline = April 30th, 2011
Goal = 5000 votes on survey (see I-485 filing w/o current PD thread) and momentum to continue with this campaign.The survey is a platform to gather and push for launching action items. Based on response by 04/30/2011 - IV will decide whether to even proceed with initiative or not.
Actions - 1) Vote on survey.
2)Email ivcoordinator@gmail.com with PD, ph#,email & subject "I485 filing impacted�,
3)Print/Circulate Fliers and spread FB, wiki link (see "support thread")
This is a supporting thread to the "Want to File I-485 without Current Priority Date? Gather here" thread started by pappu.
As suggested by pappu/starsun, this supporting thread provides impacted members with additional information and tools to help the initiative.
Visit Immigration Voice Wiki (http://immigrationvoice.org/wiki/index.php/Employment_Based_Green_Card#Process_.28EB1.2C_EB2. 2C_and_EB3.29) - for overview of Employment Based - Green Card process
Visit I485 Filing w/o current PD Wiki (http://immigrationvoice.org/wiki/index.php/Current_Grass-Roots_Initiative_-_I-485_Filing_without_Current_Priority_Date) - for overview of this initiative
As pappu stated in the first post of the above referenced thread - some of the ongoing efforts include finding how many IV members would get benefit from such a provision and get basic details such as username/Priority Date of impacted members. Future action items might include drafting documents and letters to support this provision. There maybe actions such as sending emails etc. However we would not be able to open a public action item unless we can have thousands of our members willing to participate in a grassroots action item. This survey intends to understand the needs of our membership for this provision and collect grassroots information.
The fact is we have a dedicated group of volunteers (and we need more) who have been trying their best to spread the message about this initiative so that a strong grass-roots support can be created leading up to launch of the public action items. So far we have around 1100 people who have responded. Based on quick calculations carried out using PERM data, it is estimated that there are at least 60K-70K EB applicants waiting to file I-485/EAD/AP (this is a very conservative estimate..the actual number could be much more). Grass-roots initiatives require time and patience and we request maximum number of impacted folks to participate actively.
-------------------------------------------------------------------------------------------------
What can you do to participate?
1) Vote on the poll/survey created by Pappu.
http://immigrationvoice.org/forum/forum14-members-forum/1599353-want-to-file-485-when-pd-is-not-current-gather-here.html
Then please send an email to ivcoordinator@gmail.com (starsun) with subject - "I485 filing without current PD - Impacted Member". Include your a) IV username b) Email address c) Phone #, d) State of Residence e) Priority Date - so that grassroot efforts can be coordinated
2) Print out below Flier and circulate at all asian/indian malls/groceries/theaters. Forward the flier to your friends/co-workers and ask them to do the same.
I485 Filing Initiative Flier (http://immigrationvoice.org/wiki/images/a/a8/Flier_I485_latest2.pdf)
3) Volunteers have created a facebook community and an Immigration Voice WIKI page to spread the message about this initiative. Please circulate these links among your friends/co-workers who will be helped.
Please "Share" and "Link" and "send to friend" the facebook community via your Facebook account. Also include these two links when you post on the IV forum.
Facebook - IV I485 filing w/o current PD initiative community (http://www.facebook.com/home.php#!/pages/Immigration-Voice-Grass-roots-Campaigns/150562351660693?v=info)
(Just FYI that you might have to be logged in for the above link to direct to the facebook community. Alternately, search for "Immigration Voice Grass-roots Campaigns" to find the community after logging in. Search "Immigration Voice" to go to the IV's main facebook page)
Immigration Wiki -
I485 Filing Initiative - IV Wiki (http://immigrationvoice.org/wiki/index.php/Current_Grass-Roots_Initiative_-_I-485_Filing_without_Current_Priority_Date)
------------------------------------------------------------------------------------------------
PM these members for additional info:
nmdial ; geevikram ; vbkris77 ; ashwin_27 ; snathan
Dedicated members can also join the leaders group: http://groups.google.com/group/485-filing-iv-initiative
------------------------------------------------------------------------------------------------
pappu
12-26 02:40 PM
I just invited 5 guys to join in - One of them became a member today - handle: catfish.
Thank you
Thank you
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suriajay12
04-12 05:15 PM
http://www.nytimes.com/2009/04/12/business/12immig.html?pagewanted=4&_r=1&ref=us
more...
thomachan72
04-04 10:31 AM
Maybe my case is an exception and it might give hope to others. I got my PERM labor certified recently after being audited. It took 215 days from the day of filing to approval day. I'm in EB2 category.
Don't lose hope as there is no apparent rationale behind DOL's approval.
Hallo Geevikram, can you give a bit more details.
1) LC filing date
2) Date it was put to audit
3) reason shown on audit (what was audit for / documents asked etc)
4) when was it approved.
Don't lose hope as there is no apparent rationale behind DOL's approval.
Hallo Geevikram, can you give a bit more details.
1) LC filing date
2) Date it was put to audit
3) reason shown on audit (what was audit for / documents asked etc)
4) when was it approved.
pappu
05-11 10:20 AM
If a person joins IV to declare his GC; it can be assumed that he knows IV exists and it's goals but never bothered to show up earlier till the magical email.
Correct. There maybe many such people. And we see it as our failure too. Because as a community we have not raised enough awareness about us. Some people maybe seeing us just a forum and lot more outreach work is needed by our active members. Each one of us should contact our friends and tell them about IV. New members on IV should get answers to their questions as well as information about related advocacy work done by IV politely urging them to help out. Other websites and forums should also help raise awareness about what we do so that the community understand that what we do is for the benefit of the community and it is a community effort.
Correct. There maybe many such people. And we see it as our failure too. Because as a community we have not raised enough awareness about us. Some people maybe seeing us just a forum and lot more outreach work is needed by our active members. Each one of us should contact our friends and tell them about IV. New members on IV should get answers to their questions as well as information about related advocacy work done by IV politely urging them to help out. Other websites and forums should also help raise awareness about what we do so that the community understand that what we do is for the benefit of the community and it is a community effort.
more...
santb1975
04-16 09:30 PM
Kudo's to your commitment. I can never run at 5 AM
What a contrast! You guys on the west coast are running in 100 degrees. My schedule forces me to run at 5.00 am...........in 3 layers of clothing @ 40 degrees.
What a contrast! You guys on the west coast are running in 100 degrees. My schedule forces me to run at 5.00 am...........in 3 layers of clothing @ 40 degrees.
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RNGC
03-22 09:43 PM
1. Eliminate EAD & AP, let I485 receipt notice be sufficient for travel and employment authorization.
2. Restart H1B visa renewal by mail. Let there be added scrutiny while the application is processed. It atleast wont let people out of country for unknown time.
Eliminate EAD & AP, let I485 receipt notice be sufficient for travel and employment authorization.
Great idea....all we need is a photo in the I-485 receipt and any employer can do a e-verify to check our status.
2. Restart H1B visa renewal by mail. Let there be added scrutiny while the application is processed. It atleast wont let people out of country for unknown time.
Eliminate EAD & AP, let I485 receipt notice be sufficient for travel and employment authorization.
Great idea....all we need is a photo in the I-485 receipt and any employer can do a e-verify to check our status.
more...
insearch
05-07 01:57 PM
I searched for the number of days it takes for the PERM approval ..
Is it correct that it take 3-15 days ?
Is it correct that it take 3-15 days ?
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rcr_bulk
10-31 01:50 PM
I renewed my passport under tatkal this month. I mailed application overnight on Thursday and Monday got a call from Houston that Money Order attached is less 50 than actual. I mailed balance next day overnight, it reached them on Wednesday and got my passport after 4 business days.
more...
byeusa
07-11 03:37 PM
Man this is news. Breaking news... 3 cheers to Congresswoman Lofgren in her effort to get to the bottom of this mess
http://blogs.ilw.com/gregsiskind/files/letter_to_chertoff_re_visa_bulletin_issues_july_9_ 2007.pdf
http://blogs.ilw.com/gregsiskind/files/letter_to_chertoff_re_visa_bulletin_issues_july_9_ 2007.pdf
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naidu2543
05-27 10:08 AM
Saggita,
I will also send the letter but not sure of having my case number and additional details on the letter. I will support what ever form is needed for this cause.
Regards
I will also send the letter but not sure of having my case number and additional details on the letter. I will support what ever form is needed for this cause.
Regards
more...
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kurtz_wolfgang
09-03 10:25 AM
Everyone who got CPO e-mail got welcome e-mail too?. Does it matter?.
I haven't got welcome email. just the CPO status on my profile in USCIS. And now I m skeptical, did I start the celebrations a bit early??:confused::confused::
I haven't got welcome email. just the CPO status on my profile in USCIS. And now I m skeptical, did I start the celebrations a bit early??:confused::confused::
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gapala
04-08 07:31 PM
Can you please let us know the procedure? I'm very much interested in filing a formal complaint with the CIS and Ombudsman. I'm not against genuine candidates getting their GC through MNC executive category, but would like to stop this malpractice.
Guys, here the form to file a complaint on L1A - EB1 misuse by indian IT companies
http://www.dol.gov/esa/whd/forms/wh-4.pdf
Here's the process..http://www.dol.gov/esa/whd/forms/fts_wh4.htm
If you have a genuine case and know the company name who resort to these shady practices, Please fill this form and send it across to DOL. You do not need to provide your personal information if you are not willing to.
Rest, they will investigate and take care..
I am one of those who couldn't file in EB1 but that is past and long gone for me.
Guys, here the form to file a complaint on L1A - EB1 misuse by indian IT companies
http://www.dol.gov/esa/whd/forms/wh-4.pdf
Here's the process..http://www.dol.gov/esa/whd/forms/fts_wh4.htm
If you have a genuine case and know the company name who resort to these shady practices, Please fill this form and send it across to DOL. You do not need to provide your personal information if you are not willing to.
Rest, they will investigate and take care..
I am one of those who couldn't file in EB1 but that is past and long gone for me.
more...
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breddy2000
01-14 10:07 AM
Wall Street's Rigged Casino
http://www.financialsense.com/fsu/editorials/barry/2009/0113.html
Last year was certainly a turbulent one for investors. Not only did good assets and companies sell off with bad, but the very integrity of the U.S. markets was brought into question. Financial firms spend millions of dollars convincing the average citizen that investing in stocks is necessary and prudent, yet the playing field is far from level. Fraud, naked shorting and other forms of manipulation are now endemic to the American markets. As Overstock's lawyer, John O'Quinn points out, “You have more chance to be treated fairly in a casino in Vegas.” How can you invest if you can't trust the system?
Jim Puplava, Mike Schneider and a few other journalists have exposed the prevalence of naked shorting on Wall Street. While selling short is a legitimate activity, naked shorting occurs when parties sell shares they don't own and don't intend to borrow, causing more shares to be traded than actually exist. Approximately 7.5% of the trades reported by the DTCC fail to deliver each day, and this agency is private and not at all transparent. Furthermore, 96% of all stock transactions are completed outside the official system and are totally unregulated.
Regulation SHO was enacted in 2005 by the Securities and Exchange Commission (SEC) to supposedly eliminate chronic settlement failures by forcing brokers to close out positions after thirteen consecutive trading days. However the regulation doesn't cover small and micro cap companies, or failures to deliver (FTDs) that are below a certain numerical threshold. Market makers were exempt from this regulation until last fall, and old FTDs were allowed to remain open. Some corporations remained on the threshold list for over a year consecutively with no relief from the SEC.
Chairman Cox admitted in July 2006 that there were many large loopholes in Regulation SHO which allowed predatory shorting to continue. Few firms were investigated, and even those brokers who were caught paid minimal fines. Almost nothing was done until naked shorting threatened “the stability of financial institutions,” according to Cox. In July 2008, the SEC banned naked shorting of 19 select financial firms. With this rule and the subsequent emergency order banning all short selling in 799 financial institutions, Cox admitted that naked shorting was a serious problem, but the SEC would only enforce the rules for certain institutions that deserved the effort.
The Commission has demonstrated where its real allegiance lies, and it’s not with the small investor. For years, hedge funds, brokerages, and investment banks soaked up fat profits by naked shorting promising companies to death. These shorts never have to be covered if the company is delisted and goes bankrupt, so it’s a very lucrative criminal practice. When some of these same corporations that preyed on small cap stocks suffered share price drops due to their hideous balance sheets, the SEC moved in to give them special protection.
Even with some of the loopholes closed, market manipulation still goes on. As Allan Young points out on his website, naked shorting is in effect another derivative like credit default swaps or mortgage backed securities. Predatory brokers can sell more shares than exist, as if they are buying a put (a bet that prices will go down). Sell enough shares and you can ensure your bet is correct. These brokers can later close out their naked shorts and avoid censure from the SEC.
Although the most egregious violations of the naked short rules have been eliminated, with corporations like Overstock now off the naked short list, much of the damage has already been done. Many solid businesses have been naked shorted out of existence, leading to unemployment and destruction of wealth for millions of taxpayers. U.S. citizens are angry and scared as they watch their stock portfolios shrink, and see their pensions in jeopardy.
This begs the question as to why the U.S. government would prop the markets up on one hand using the Plunge Protection Team, while allowing naked shorting on the other which pushes the share prices down. I can only conclude that the system is designed to redistribute wealth from small investors to elite bankers and hedge fund managers. Perhaps the stock markets were allowed to decline so the politically connected shorts could cover profitably. With the close relationship between Wall Street, regulators, Congress, and the Treasury Department full of former Goldman Sachs executives, it's clear that the average worker with retirement money invested in the market is at an extreme disadvantage.
The SEC suffered another embarassment with the revelation that Bernard Madoff ran a US$50 billion Ponzi scheme disguised as a hedge fund for several years. Only a tip from Madoff's sons to the FBI unraveled the scheme. In fact, the SEC investigated Madoff's company eight times over more than a decade and failed to find any fraud. A former SEC attorney is now married to Madoff's niece, raising doubts about his objectivity in examining Madoff's books. Even when Harry Markopoulos, a private whistleblower, produced evidence that Madoff's trading results could not be replicated, no one at the SEC took him seriously.
Congress has been quick to blame Commissioner Cox, a former colleague for the Madoff scandal. However, missteps and inadequate enforcement predate Cox, who has only run the SEC since August 2005.
Obama's pick to replace Cox, Mary Schapiro has many flaws of her own. She previously appointed one of Madoff's sons to a disciplinary board, making her judgement look very poor. Schapiro is currently chief of the Financial Industry Regulatory Authority, a self regulating body which has been even less willing than usual to crack down on Wall Street abuses during her tenure. She ran the Commodity Futures Trading Commission (CFTC) under President Clinton, an agency that has been unable or unwilling to perceive the manipulation in the precious metals markets while pursuing collusion in other commodities. Schapiro stated she was inspired to pursue a regulatory career by watching the Hunt brothers' silver moves, so we know where her biases lie.
As an analyst, I spend hours each week poring over balance sheets, and reading financial statements of companies I may want to recommend to my subscribers. My task is made very difficult by the widespread financial fraud. While Madoff's results were too good to be true, other forms of deception are extremely hard to detect. Satyam is the latest scandal to hit Wall Street. Although the corporation is headquartered in India, Satyam has Fortune 500 clients in the U.S. and is listed on the NYSE. It has to comply with Sarbanes-Oxley regulations just like any American company, rules that are supposed to enforce honesty and transparency. Satyam – which is Sanskrit for truth - was awarded the Golden Peacock award for corporate governance just three months ago, in an amazing bit of irony.
With all these scandals, no wonder Merrill Lynch reports that rich customers are demanding gold coins and bars instead of shares in “paper gold” like ETFs. Credible stories indicate that the COMEX warehouses are experiencing record activity as receipt holders seek delivery of their gold. Brokers are apparently attempting to discourage this activity to squelch metal demand. When trust is eroded, people naturally seek safety in an asset without counterparty risk like gold.
If you are a stock investor despite all these perils, how to you separate the wheat from the chaff? First you have to find industries with impeccable fundamentals. While commodities suffered greatly in 2008, I believe they will see a strong rebound in 2009.
Second, check the track record of management and look for any hints of impropriety. Third, read the financial statements and look for unnecessarily complicated structures or conflicts of interest: these are red flags. Fourth, if results seem unbelievably excellent, they may be fictional. Fifth, while you can no longer take delivery of shares in the United States, you can contact the companies you invest in to determine if you are on the list of legitimate shareholders or a victim of naked shorting. Sixth, diversify into several different companies so if one is fraudulent you don't lose all your money. With the danger inherent in stocks, I recommend only investing capital you can afford to lose.
http://www.financialsense.com/fsu/editorials/barry/2009/0113.html
Last year was certainly a turbulent one for investors. Not only did good assets and companies sell off with bad, but the very integrity of the U.S. markets was brought into question. Financial firms spend millions of dollars convincing the average citizen that investing in stocks is necessary and prudent, yet the playing field is far from level. Fraud, naked shorting and other forms of manipulation are now endemic to the American markets. As Overstock's lawyer, John O'Quinn points out, “You have more chance to be treated fairly in a casino in Vegas.” How can you invest if you can't trust the system?
Jim Puplava, Mike Schneider and a few other journalists have exposed the prevalence of naked shorting on Wall Street. While selling short is a legitimate activity, naked shorting occurs when parties sell shares they don't own and don't intend to borrow, causing more shares to be traded than actually exist. Approximately 7.5% of the trades reported by the DTCC fail to deliver each day, and this agency is private and not at all transparent. Furthermore, 96% of all stock transactions are completed outside the official system and are totally unregulated.
Regulation SHO was enacted in 2005 by the Securities and Exchange Commission (SEC) to supposedly eliminate chronic settlement failures by forcing brokers to close out positions after thirteen consecutive trading days. However the regulation doesn't cover small and micro cap companies, or failures to deliver (FTDs) that are below a certain numerical threshold. Market makers were exempt from this regulation until last fall, and old FTDs were allowed to remain open. Some corporations remained on the threshold list for over a year consecutively with no relief from the SEC.
Chairman Cox admitted in July 2006 that there were many large loopholes in Regulation SHO which allowed predatory shorting to continue. Few firms were investigated, and even those brokers who were caught paid minimal fines. Almost nothing was done until naked shorting threatened “the stability of financial institutions,” according to Cox. In July 2008, the SEC banned naked shorting of 19 select financial firms. With this rule and the subsequent emergency order banning all short selling in 799 financial institutions, Cox admitted that naked shorting was a serious problem, but the SEC would only enforce the rules for certain institutions that deserved the effort.
The Commission has demonstrated where its real allegiance lies, and it’s not with the small investor. For years, hedge funds, brokerages, and investment banks soaked up fat profits by naked shorting promising companies to death. These shorts never have to be covered if the company is delisted and goes bankrupt, so it’s a very lucrative criminal practice. When some of these same corporations that preyed on small cap stocks suffered share price drops due to their hideous balance sheets, the SEC moved in to give them special protection.
Even with some of the loopholes closed, market manipulation still goes on. As Allan Young points out on his website, naked shorting is in effect another derivative like credit default swaps or mortgage backed securities. Predatory brokers can sell more shares than exist, as if they are buying a put (a bet that prices will go down). Sell enough shares and you can ensure your bet is correct. These brokers can later close out their naked shorts and avoid censure from the SEC.
Although the most egregious violations of the naked short rules have been eliminated, with corporations like Overstock now off the naked short list, much of the damage has already been done. Many solid businesses have been naked shorted out of existence, leading to unemployment and destruction of wealth for millions of taxpayers. U.S. citizens are angry and scared as they watch their stock portfolios shrink, and see their pensions in jeopardy.
This begs the question as to why the U.S. government would prop the markets up on one hand using the Plunge Protection Team, while allowing naked shorting on the other which pushes the share prices down. I can only conclude that the system is designed to redistribute wealth from small investors to elite bankers and hedge fund managers. Perhaps the stock markets were allowed to decline so the politically connected shorts could cover profitably. With the close relationship between Wall Street, regulators, Congress, and the Treasury Department full of former Goldman Sachs executives, it's clear that the average worker with retirement money invested in the market is at an extreme disadvantage.
The SEC suffered another embarassment with the revelation that Bernard Madoff ran a US$50 billion Ponzi scheme disguised as a hedge fund for several years. Only a tip from Madoff's sons to the FBI unraveled the scheme. In fact, the SEC investigated Madoff's company eight times over more than a decade and failed to find any fraud. A former SEC attorney is now married to Madoff's niece, raising doubts about his objectivity in examining Madoff's books. Even when Harry Markopoulos, a private whistleblower, produced evidence that Madoff's trading results could not be replicated, no one at the SEC took him seriously.
Congress has been quick to blame Commissioner Cox, a former colleague for the Madoff scandal. However, missteps and inadequate enforcement predate Cox, who has only run the SEC since August 2005.
Obama's pick to replace Cox, Mary Schapiro has many flaws of her own. She previously appointed one of Madoff's sons to a disciplinary board, making her judgement look very poor. Schapiro is currently chief of the Financial Industry Regulatory Authority, a self regulating body which has been even less willing than usual to crack down on Wall Street abuses during her tenure. She ran the Commodity Futures Trading Commission (CFTC) under President Clinton, an agency that has been unable or unwilling to perceive the manipulation in the precious metals markets while pursuing collusion in other commodities. Schapiro stated she was inspired to pursue a regulatory career by watching the Hunt brothers' silver moves, so we know where her biases lie.
As an analyst, I spend hours each week poring over balance sheets, and reading financial statements of companies I may want to recommend to my subscribers. My task is made very difficult by the widespread financial fraud. While Madoff's results were too good to be true, other forms of deception are extremely hard to detect. Satyam is the latest scandal to hit Wall Street. Although the corporation is headquartered in India, Satyam has Fortune 500 clients in the U.S. and is listed on the NYSE. It has to comply with Sarbanes-Oxley regulations just like any American company, rules that are supposed to enforce honesty and transparency. Satyam – which is Sanskrit for truth - was awarded the Golden Peacock award for corporate governance just three months ago, in an amazing bit of irony.
With all these scandals, no wonder Merrill Lynch reports that rich customers are demanding gold coins and bars instead of shares in “paper gold” like ETFs. Credible stories indicate that the COMEX warehouses are experiencing record activity as receipt holders seek delivery of their gold. Brokers are apparently attempting to discourage this activity to squelch metal demand. When trust is eroded, people naturally seek safety in an asset without counterparty risk like gold.
If you are a stock investor despite all these perils, how to you separate the wheat from the chaff? First you have to find industries with impeccable fundamentals. While commodities suffered greatly in 2008, I believe they will see a strong rebound in 2009.
Second, check the track record of management and look for any hints of impropriety. Third, read the financial statements and look for unnecessarily complicated structures or conflicts of interest: these are red flags. Fourth, if results seem unbelievably excellent, they may be fictional. Fifth, while you can no longer take delivery of shares in the United States, you can contact the companies you invest in to determine if you are on the list of legitimate shareholders or a victim of naked shorting. Sixth, diversify into several different companies so if one is fraudulent you don't lose all your money. With the danger inherent in stocks, I recommend only investing capital you can afford to lose.
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JazzByTheBay
09-20 04:28 PM
Hmmm... humorous stories...
Well there was gsc999 and jazz trying to pull a "room service" gag on Drona and myself, but they went to the wrong room...
...And the dump of a hotel didn't have room service to begin with... :)
... but a lot of the others must stay in DC :)
Absolutely.... :)
jazz
Well there was gsc999 and jazz trying to pull a "room service" gag on Drona and myself, but they went to the wrong room...
...And the dump of a hotel didn't have room service to begin with... :)
... but a lot of the others must stay in DC :)
Absolutely.... :)
jazz
more...
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psp123
05-19 06:19 PM
Hi Pps123,
Did you change the job? They sent the REF letter to you or your attorney? I raised SR on May 6th, and received an email on May13th saying that a RFE letter was sent out. Anxious to know what the RFE is.
Yeah, I changed my job in 2009 March, filed AC 21 on 2010 Oct.
Don't worry , everything will be fine
Did you change the job? They sent the REF letter to you or your attorney? I raised SR on May 6th, and received an email on May13th saying that a RFE letter was sent out. Anxious to know what the RFE is.
Yeah, I changed my job in 2009 March, filed AC 21 on 2010 Oct.
Don't worry , everything will be fine
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sanan
05-16 02:16 PM
Thanks for correcting me :) yes the Antibody titer test
And yes both me and my wife got it done. In fact my wife just got this done today.
Thank you sanan, I guess you meant Antibody titer test (immunization test)
So what you are saying is, if one does not has the Vaccination record, concern DR would do this immunization (Antibody titer) test in place of vaccination record and can you confirm that you have gone thru exact scenario ?
And yes both me and my wife got it done. In fact my wife just got this done today.
Thank you sanan, I guess you meant Antibody titer test (immunization test)
So what you are saying is, if one does not has the Vaccination record, concern DR would do this immunization (Antibody titer) test in place of vaccination record and can you confirm that you have gone thru exact scenario ?
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logiclife
12-13 01:43 PM
Administrator,
Can you please make this a sticky?
Thank you.
Neelu
I have made the thread sticky. Thanks for taking this initiative.
Can you please make this a sticky?
Thank you.
Neelu
I have made the thread sticky. Thanks for taking this initiative.
rdehar
07-19 02:37 PM
Guys,
Thanks for the quick response, much appreciated. I think I have the answer to my question.
Essentially:
1. RD will determine sequence in which AOS are looked at by case officers at USCIS. So July applicants with 2006 PD will geat EAD/AP, etc sooner than October applicants with 2002 PD.
2. In the event of retrogression (say to 2005), only those applications which have a current PD at the time of visa approval will get the green card. So 2002 PD will get GC before 2006 PD.
I hope I understood correctly?
Yes.
A 2002 PD would get GC earlier that 2006 PD, even though the 2006 PD may get EAD/AP and other benefits earlier. EAD and AP have nothing to do with PD, only I-485 depends on PD.
Just pray your labor is approved by the time the dates move forward (hopefully in October).
Also -- it doesn't hurt to be prepared -- get all documents ready asap ...
Thanks for the quick response, much appreciated. I think I have the answer to my question.
Essentially:
1. RD will determine sequence in which AOS are looked at by case officers at USCIS. So July applicants with 2006 PD will geat EAD/AP, etc sooner than October applicants with 2002 PD.
2. In the event of retrogression (say to 2005), only those applications which have a current PD at the time of visa approval will get the green card. So 2002 PD will get GC before 2006 PD.
I hope I understood correctly?
Yes.
A 2002 PD would get GC earlier that 2006 PD, even though the 2006 PD may get EAD/AP and other benefits earlier. EAD and AP have nothing to do with PD, only I-485 depends on PD.
Just pray your labor is approved by the time the dates move forward (hopefully in October).
Also -- it doesn't hurt to be prepared -- get all documents ready asap ...
immig4me
02-28 09:04 AM
I am not registered but will be there with atleast 10+ friends.
MC
Registration will help the admins have records of people attending, and schedule meeting assignments. Please register.
MC
Registration will help the admins have records of people attending, and schedule meeting assignments. Please register.