Crosses For Losses

Helane Morrison’s Success As A Compliance Officer

Unlike in the past when chief risk officers (CROs) were only found in the insurance industry, these professionals are now getting more roles, especially in financial firms. Apart from the technical expertise that they have always employed in their day-to-day duties, the firms require CROs to be critical thinkers and have excellent leadership qualities.
I believe that the 2008 financial crisis spearheaded the introduction of CROs to the financial firms. These professionals were the only ones who could enhance transparency, accountability and risk management that was demanded by the financial regulators. The new roles require the professionals to augment their broad and independent view of their organization in order to anticipate any potential disruptions besides advising the firm accordingly.
Identification, monitoring and mitigation of risks are important to financial institutions as they determine the success of most financial services. This ensures that market risks, operation risks and credit risks are managed appropriately. I agree that in order to manage a company’s reputation and conduct risk analysis, CROs should work closely with compliance officers. This information was originally reported on The Wall Street Journal as posited in the following link Chief Risk Officer on a Broader Role.
John Olert, Fitch Group’ CRO, is an example of the close relationship that exists between CROs and compliance officer. He worked in the compliance department of the group for some years before becoming the acting chief compliance officer. During his time in the office, he was charged with managing regulatory risks for the company. Following the 2008 financial crisis, he was involved with setting up processes and structures that the group used to assess and manage risks. These efforts saw him become the firm’s first chief risk officer in 2010.
About Helane Morrison
An example of a chief compliance officer who works interacts with CROs is Helane L. Morrison of Hall Capital Partners LLC. She is the managing director and doubles up as the General Counsel of the firm. Helane serves on the Board of the Regional Parks Foundation and is a member of the American Bar Association’s Hedge Fund subcommittee. Morrison is also a speaker. She speaks lecturers on how private funds and investments advisers are affected by compliance and legal issues.

Ms. Morrison has worked with many institutions and influential individuals. She started her career as a law clerk for Supreme Court Justice Harry Blackmun before joining Howard, Nemerovski, Canady, Falk & Rabkin as an attorney. She also worked at the San Francisco SEC office before joining Hall Capital Partners LLC in 2007. Helane has a degree in Journalism from Northwestern University and studied law at the University of California.

Michael Zomber Is More Than Just an Arms Dealer

Michael Zomber is a name that many people think about when they think of historians.  By and large, he is actually much more of a collector than anything else, though it is true that he does deal in some arms of an antique nature. His fascination with antique arms started at a relatively young age. Over the years, he has managed to build up a rather impressive collection of items. These items include not only guns of various types that were used during some of the most formative decades in history, but also ancient swords and other arms of a similar nature that were carefully guarded centuries ago. Obviously, Zomber is not your everyday, run-of-the-mill collector.

What he is, however, is someone who truly understands the bigger picture when it comes to these types of items. After his exoneration, Michael understands that much better the historical significance behind them and he knows that is what makes them so important. It isn’t so much about the item itself, but far more about what it represented in history and how it helped shape individuals from every conceivable area of the world. Without these arms, the world might indeed be a very different place than it is today. This is why he goes to such extremes to collect the antique arms that he is in search of.

This has led to a number of additional opportunities for Zomber and others associated with him. For instance, he is heavily involved in the film industry, largely because of his enormous collection of antique arms. In addition, he is a generous philanthropist and has used his success as an arms dealer to help other individuals who are not as fortunate. Without his success, it is highly doubtful that he would be in a position to help these individuals like he has in the past. Therefore, Michael Zomber cannot be described in a single term such as arms collector. Instead, he has used his love of antique arms to affect many different areas within his own little corner of the world.  Follow his journey through Facebook.

Andy Wirth Emerge Victorious in the Olympic Valley Incorporation Battle

 

Andy Wirth is the CEO of Squaw Valley Ski Holdings. He went to Colorado State University and Edinburgh University. Last year, Reno Airport Board appointed Andy as their new chair.Andy is a major contributor to the community and environmental organizations in the Lake Tahoe area. He is dedicated to improving the area as well as making the resort one of the best tourist destinations in the world. Andy spearheaded the construction of a base-to-base Gondola by getting to an agreement with Troy Caldwell.

The Reno-Gazette Journal reported that Lake Tahoe North Shore communities have been facing a rough time after an epic drought damaged the winter resorts and the small businesses that depend on them. The community is also facing a civic challenge in the form of an incorporation battle over the Olympic Valley, where Squaw Valley Resort and most iconic winter sports terrain are located. Andy Wirth considers incorporation of the valley as a huge threat not only to the businesses in the area, but also the political climate.

It has been tough for the last four years. Nevertheless, good news to Andy Wirth is that there is a relief on both challenges. Nature has been fair with them since cold temperatures and early storms set in earlier, and this enables the resorts to open weeks earlier than they did in the previous decade.

The other challenge was eliminated when the supporters of the incorporation formally withdrew from their determinations to incorporate Olympic Valley. Squaw Valley Ski Holdings spent a lot of money to oppose the incorporation. They battled the incorporation since it would have resulted to increased taxes on the businesses as well as the residents in the area and decreased level of services such as snow plowing and road maintenance. In addition, Olympic Valley would have been isolated from the rest of the North Shore communities, which they pool resources to deal with local issues.

The incorporation would be a long-term challenge to people operating businesses in the area. The incorporation’s backers said that Squaw Valley opposed the incorporation for their self-gain. According to the backers, Squaw Valley has plans for a gondola that would connect the two resorts, Squaw Valley and Alpine Meadows. In addition, the backers said that Squaw has plans to venture more in the real estate by having more commercial and residential developments.

Olympic Valley incorporation supporters reported that Squaw Valley feared answering to a town council and instead opted to go through the Auburn, California based County Board of Supervisors for land matters. Ski Valley rejected the accusations from the backers and pointed out that the backers had also spent a considerable amount of cash.With the Incorporate Olympic Valley threat eliminated, Andy said he want the community to unite and work on issues like transportation.

References
http://www.rgj.com/story/life/outdoors/recreation/2015/12/03/squaw-alpine-boss-looks-turn-page-divisive-fight/76735928/

White Shark Media Offering Free Adword Evaluations

With technology taking over everything, most business is now conducted online. Therefore, businesses have literally taken their business online. This is of course followed by the need for digital marketing.

One of the ways in which companies can increase traffic into their website and potentially increase their sales and customer base is through the use of Google Adwords.

White Shark Media Review is one of the world’s leading companies offering digital marketing services. This makes it the perfect company to go to when in need of an Adwork campaign for your business. Their previous successes is assure you that they are truly the best in the game.

The company offers free Adword evaluations to all companies that would like to use this tool for their campaign. The first step to getting your free Adword application is making an application. The application can be made through their website. They will then get back to scheduling an appointment for the real evaluation. Learn more about White Shark Media Review: http://citrite.org/white-shark-media-review-how-to-get-a-free-adwords-evaluation

During the evaluation session, the company utilizes the interactive software to allow the applicants to follow the evaluation process. The specialists helping you with the evaluation are highly- trained by Google Adword experts and go through the training for a number of years to enhance thorough understanding. On top of this, they have handled many evaluation projects which makes to handle any evaluation project.

White Shark media evaluates your Google Adword campaigns through six steps. This includes keyword selection, tracking efforts, Ad extensions, overall campaign performance, Ad testing strategy and the optimization techniques utilized by your company.

After successfully completing the valuation, you are now free to decide whether you will contract them to manage your Ad campaigns. The free evaluation does mean that you have to hire them. Whatever you do after the evaluation, your company will definitely be better than it was before the session. Learn more about White Shark Media Review: http://www.whitesharkmedia.com/testimonials/

If you choose not to hire them, you will have at least learnt some strategies that will help take your company to the next level in terms of digital campaigns. However, if you do hire them, you have even greater chances at excellence.

Like any other company, experiencing rapid growth, White Shark Media get their fair share of complaints. However, what sets them apart from other companies is their ability to solve these issues. The company conducts a review of their ratings on regular basis to find out problem areas and as so respond immediately.

George Soros Says That a Brexit Should Be Avoided

Well renowned philanthropist and investor, George Soros, believes that the United Kingdom should stay in the European Union. In fact, Soros is not the only one who is lending his support on this issue. Soccer star, David Beckham, and his wife, Victoria Beckham, are also urging the United Kingdom to not quit the European Union.

David Cameron, the British Prime Minister, is also urging the same thing while uttering the famous epithet “Brits don’t quit.”

Both David Beckham and David Cameron are urging Brits to consider their children, their children’s children and the future when considering this issue. If the United Kingdom were to leave the European Union, the outcome would be irreversible. Beckham, Cameron, and George Soros are all urging that a “Brexit” not happen anytime soon.

According to George Soros, if the United Kingdom were to leave the European Union, it could decrease the value of the pound. As evidence, Soros cites the events of Black Wednesday on September 16, 1992 when the pound lost 15 percent of its value. This means that the pound will be worth as much as the Euro. Furthermore, Soros is anticipating that a decrease in the value of the pound today to be even greater than in 1992. Soros believes that when Brits votes this Friday on June 24, 2016, the day will be infamously known as Black Friday, causing a greater wave of financial insecurity than the Black Wednesday of 1992.

Read more:
George Soros | The New York Review of Books

How Billionaire George Soros Profited From Brexit’s ‘Black Friday’

And yet, Soros believes that a devaluation of the pound can cause some positive benefits to the British economy in the long term. One benefit is the increased amounts of money flowing out of the region. Another benefit is the ability of the Bank of England to use monetary policy in a novel way to offset the current fiscal costs of the Euro.

But at the same time, Soros believes that a devaluation of the pound in 2016 should not be repeated because it could be much more detrimental than in 1992. Soros cites the tremendous power of investors. Also, due to the differing valuation of the pound, it will undoubtedly make the one percent richer while making everyone else poorer.

When Brits go to the polls this Friday, they should consider not only the financial implications but the future. A Brexit should be avoided at all costs, at least for now.

Learn more about George Soros:
 http://www.investopedia.com/university/greatest/georgesoros.asp

Beneful Has Nice Choices for Dogs

Some say dogs will eat anything. To a certain extent, this is true. The comment is also foreboding. Dogs may eat a number of things that are not healthy for them. This is the reason why pet owners have to be very careful with what they purchase for a beloved pooch. Beneful is selling tons of gourmet selections on Walmart. Any dog lover who wants a healthy diet for his or her pet should check out Beneful’s list of choices.
Beneful Chopped Blends with lamb, brown rice, carrots, tomatoes, and spinach does a perfect job of revealing all the amazing ingredients this Purina-owned company serves up. Not all of the wet foods [https://www.beneful.com/products/wet-dog-food/] under the Beneful brand have this many items mixed in, but all are impressive in their own way. This particular Chopped Blends package is impressive and loaded with good things for a dog’s physical health.

Beneful Beef Stew might not be as ingredient stacked as the previously mentioned Chopped Blends package, but it does contain a lot of good things. Peas, carrots, barley, and rice are fine compliments to the protein-rich beef. The stew is hearty enough even for very large dogs.

Dogs great and small love to munch of dry food and Beneful is in no short supply of these side dishes.

Beneful Playful Life dry food has a nice mix of ingredients intended to serve a unique purpose. The primary two ingredients, beef and egg, deliver protein to help fuel muscle recovery in an active dog. Blueberries are added into the mix as a source of energy. For humans, blueberries are excellent carbohydrates for fuel. There is no reason why they wouldn’t help dogs in a similar way. Spinach is also part of the dry food mix and the vegetable’s benefits are too numerous to list. This variety is available on Amazon.com.

Incredibites with real chicken also comes with spinach, carrots, and sweet potatoes. Like Playful Life, a bag of Incredibites with real chicken delivers a nice amount of protein and carbohydrates. Dogs surely will go for this dry food with glee.

The same surely can be said of all of Beneful’s choices.

Choose Beneful! https://www.youtube.com/user/BenefulBrandDogFood

Saving Time And Money With WEN

There are so many hair care and beauty products out there it can be hard to navigate which ones will work the best for us. Some products are all hype, while some have a substantial amount of great results behind their claims. When we first saw all of those Wen hair videos with the ladies showing off their luxurious long and shiny manes, we were shocked. Could a product that really streamlines our hair care routine really be this effective at washing our hair?
Beauty writer and professional hair stylist decided to do some investigative research and let us in on the details and results. The original article can be found here: http://www.bustle.com/articles/136320-i-used-cleansing-cleansing-conditioner-on-my-fine-hair-heres-what-happened

What Emily found was that, yes, using WEN by celebrity stylist Chaz Dean did streamline her routine. She did have to use more WEN at once than her regular shampoo. While regular shampoo filled maybe a quarter’s size in her palm, the WEN totally filled up her palm. While the volume of product she had to use was more, this is no bother as WEN is filled up with luxurious botanical ingredients for the hair, the more the merrier. WEN cleansing conditioner also takes the place of a shampoo, a conditioner and a styling product, so using more cleansing conditioner all at once actually makes sense.

One thing Emily did save on was time. She was able to complete her usual shampoo and condition with just the one step of the WEN cleanse. Blow drying was even more effective after the cleanse, because she did not need to spray in a leave in conditioner or a styling gloss because her hair was already so vibrant and shiny from the WEN, also saving her money in the end. Wen hair is available on high end stores like sephora.

Visit http://www.wen.com/chaz-dean.html for more information

FreedomPop Has Plans for Free WhatsApp Access

Would giving users perennially free WhatsApp access help MVNO FreedomPop draw in new subscribers? Likely, the plan will work and work tremendously well. FreedomPop consistently makes the right move. The free, zero-rated (no data necessary) WhatsApp deal is going to make its first appearance in the strategically-selected market of Spain. Look for free WhatsApp to be a selling point in FreedomPop’s continual global expansion.

FreedomPop has made huge waves in the budget mobile phone industry. Company launched a massive global campaign from its Los Angeles offices. The company idea of creating a basic plan of totally free service appealed to over one million customers in the United States.

FreedomPop wants to expand across the globe in grand fashion. Massive amounts of capital have been raised to make this dream possible. ($50 million in funds have been raised to expand service, create a global hotspot, build a wi-fi phone, and more) In order to expand effectively, FreedomPop must provide “hooks” that capture attention. Free phone, text, and data on their own have absolutely done well. The company does have to continually come up with unique marketing strategies to continue to grow in both new markets and currently existing ones.

WhatsApp is a messenger used by over a billion people around the globe. (And Facebook did pay billions of dollars to own the app. The exact figure was $19 billion) 24/7 access to WhatsApp is definitely an appealing offer. All subscribers have to do is make sure their phone is always charged. Even when data hits zero, the phone can connect to WhatsApp. That is a fantastic deal. Soon, everyone will learn if the idea is a hit once service arrives in Spain.

Venture Beat originally reported this news in a lengthy article. The article is worth a quick read.

Learn more:

http://www.pcmag.com/article2/0,2817,2427635,00.asp

“Wen” Your Hair Needs Volume and Shine

Sometimes nothing works to fix your hair’s needs. No matter what products or treatment you try you just have limp hair. If your hair is lifeless it may be “Wen” you should use WEN hair Cleansing Conditioner. The Wen Cleansing Conditioner by Chaz Dean is a shine boosting and volume creating hair saving miracle product.
Using the Wen Cleansing Conditioner is slightly different than how a common hair care product system is designed. The Wen Cleansing Conditioner is a replacement for both hair conditioner and hair shampoo. It certain amount of pumps from a bottle of Wen is recommended for the best results. It is specified on the bottle and on the Wen website what amount of pumps is correct for your hair length. Hair must be thoroughly wet before Wen Cleansing Conditioner is massaged through the hair. Massage the product not only through the hair but into the scalp to invigorate the scalp and encourage hair growth. Hair must be completely rinsed out after the Wen has cleansed all of the hair. With a little Wen hair style product and some styling tools you will have beautiful, voluminous and shiny hair all day long.

The QVC advertised product was recently featured on the Bustle website in an in depth article. The writer of the article was a woman who tested the Wen Cleansing Conditioner on her hair for a period of seven days to get an initial idea of what it would do for her hair. Her hair wasn’t dry or overly damaged at the beginning of her use of the product, but she still saw noticeable results. Her hair had a healthy sheen to it and an increase in hair volume. She noticed fewer hairs fell from her scalp when she washed with the Wen Cleansing Conditioner. Wen hair products by Chaz Dean are sold on Guthy Renker.

Visit http://www.wen.com/, the official product website.

 

 

The Legacy of CCMP Capital’s Former CEO Stephen Murray

Stephen Murray was a renowned investor as well as the chief executive officer CCMP Capital, which is a privately operated equity firm that specializes in both growth and buyout equity transactions. During his tenure, Murray managed to spearhead the operations of CCMP, which led to more revenue.

Murray obtained his bachelor’s degree in economics from the Boston College in 1984. Further, he graduated from Columbia Business School in 1989 with a master’s degree in business administration.

Professional Career

Murray’s career began in 1984 after joining the Manufacturers Hanover Corporation for the credit analyst training program. In Hanover, he worked for a duration of five years before moving to MH Equity Corporation. The MH Equity combined its leveraged finance unit with the private equity belonging to Manufacturers Hanover.

In 1991, the Chemical Bank bought the Manufacturers Hanover while both the MH Equity and the Chemical Venture Partners merged. Later in 1996, both Chase Manhattan Corporation and Chemical Bank merged. The Chemical Venture Partners transformed its name to Chase Capital Partners. Read more: The Exponential Growth of CCMP Capital Under Stephen Murray’s Leadership
JP Morgan Partners appointed Stephen Murray to oversee the operations of their buyout and growth business. He qualified for this position due to his outstanding experience and versatility in dealing with buyouts and private equities. Upon identifying the need for the company to grow in a bid to boost revenue growth, Murray decided to establish CCMP Capital and became its president and chief executive officer in 2007.

Stephen Murray founded the company to offer advanced services to those rendered to clients by JPMorgan Partners. JP Morgan private equity group was instrumental in the formation of CCMP Capital due to Murray’s past relationship and collaboration with the firm.

Murray as a Philanthropist

Apart from being an incredible investor, Stephen Murray had a generous heart, which drove him to make significant contributions and donations towards various initiatives and organizations. Consequently, he channeled his contributions to the Food Bank of Lower Fairfield County, the Make-A-Wish Foundation of New York, Columbia Business School as well as the Stamford Museum.

In addition, Murray was part of the membership of the Make a Wish Foundation’s Chairman Council and the vice chairperson of Boston College’s Board of Trustee.

During his career time, Murray was a member of company boards such as the Vitamin Shoppe, Legacy Hospital Partners, Aramark, Generac Power Systems, Warner Chilcott, Pinnacle Foods, AMC Entertainment, as well as Generac Power Systems.

Late last year Stephen Murray left CCMP after going through various medical or health challenges. The operations of the company were taken over by Greg Brenneman. Murray later passed away at the age of 52 leaving the staff and management team at CCMP with grief.

Click the links below to Learn more about Stephen Murray CCMP Capital:

http://patch.com/connecticut/stamford/stephen-p-murray-52-financial-executive-stamford-resident-vice-chair-boston-college-board-trustees
https://www.pehub.com/2007/10/5-questions-with-stephen-murray/