Bankruptcy blog

May 31, 2008

Upshot-Knothole Simon

Filed under: Uncategorized — Tags: — admin @ 11:25 pm

Simon was part of the Operation Upshot-Knothole nuclear testing project. Simon was conducted on April 25, 1953 at the Nevada Test Site. Simon was conducted mostly to test the TX-17/24 thermonuclear weapon design.


External links

  • Documentation of Operation Upshot-Knothole

Building superintendent

Filed under: Uncategorized — Tags: , — admin @ 8:20 pm

A building superintendent or building supervisor (often known simply as the super) is a manager responsible for repair and maintenance in a residential building. They are the first point of contact for residents of the building. They are expected to take care of minor issues and repairs, such as small leaks or blockages. For larger jobs and major repairs they will organize and supervise the work of the sub-contractors. Building superintendents often get discounts in their rent in exchange for their services.

Although very common in large cities in the United States, the job title is not often used in the rest of the world. However, the job title is used throughout Canada where it is often spelled as superintendant.

The super of a building will often be a minor character in many television shows; for example in Friends. They are also commonly present in minor speaking roles on crime drama shows, such as Law & Order, where the super will often let the police in to an apartment that is the scene of a crime or the home of a suspect.

See also janitor, custodian.

Edit (application)

Filed under: Uncategorized — Tags: , — admin @ 6:10 pm

The Edit application is a simple text editor for the Apple Macintosh.

SimpleText evolved from TeachText which was used to distribute Readme documents, which was derived from the Edit application, a simple editing application distributed with the earliest of Macintoshes to demonstrate the use of the Macintosh interface.

Also known as Mr. Fat

List of Canadian airports by location indicator: CI

Filed under: Uncategorized — Tags: — admin @ 4:00 pm

Format of entries is:

  • Location indicator (IATA) – Airport Name (alternate name) – Airport Location

Airports that are part of the National Airports System are emphasised.


CI – Canada - CAN

  • CIV2 – Invermere (Hospital) Heliport – British Columbia
  • CIW2 – Halifax (IWK Health Centre) Heliport – Nova Scotia

Vogue (KMFDM song)

Filed under: Uncategorized — Tags: , , — admin @ 11:20 am

Vogue is a KMFDM single released following the 1992 album Money. It contains alternate versions of the songs “Vogue” and “Sex on the Flag,” both off of Money as well as two remixes of the song “Split” from Split.


Track listing

  1. “Vogue”—5:34
  2. “Sex on the Flag”—4:04
  3. “Split-Apart”—4:29
  4. “Split (Mirrorball Mix)”—5:38

Carl Medjani

Filed under: Uncategorized — Tags: , — admin @ 3:40 am

Carl Medjani () (born May 15, 1985 in Lyon) is a French football player with Lorient. His parents are of Algerian origin.

After spending his youth development years at Saint-Étienne he was signed by Liverpool’s manager Gérard Houllier in August 2003. Liverpool beat off stiff competition from Premiership rivals Arsenal, Manchester United and German giants Bayern Munich to secure his services.

Medjani struggled to break in the first team was sent on loan to Lorient for the whole 2004-05 season by new Liverpool manager
Rafael Benítez. Despite impressing in the Toulon under-20 tournament in summer 2005, Benítez deemed it necessary for him to gain more experience and so he spent 2005-06 on loan at FC Metz. During the season he made 23 appearances for a struggling Metz team, who were eventually relegated from the French Ligue 1.

He captained the France U21 team in the 2006 Toulon tournament [1]. At the start of the 2006-07 season, he rejoined Lorient, this time on a permanent basis [2].


Statistics

Club Performance
Club Season Ligue 1 French Cup Ligue Cup Europe Others Total
App Goals App Goals App Goals App Goals App Goals App Goals
Metz 2005-06 14 0 2 0 0 0 0 0 0 0 16 0
Club Season Premiership FA Cup League Cup Europe Others Total
App Goals App Goals App Goals App Goals App Goals App Goals
Liverpool FC 2005-06 0 0 0 0 0 0 0 0 0 0 0 0
Club Season Ligue 2 French Cup Ligue Cup Europe Others Total
App Goals App Goals App Goals App Goals App Goals App Goals
Lorient 2004-05 25 0 0 0 0 0 0 0 0 0 25 0
Club Season Premiership FA Cup League Cup Europe Others Total
App Goals App Goals App Goals App Goals App Goals App Goals
Liverpool FC 2004-05 0 0 0 0 0 0 0 0 0 0 0 0
Total 39 0 2 0 0 0 0 0 0 0 41 0

May 30, 2008

Puyallup School District

Filed under: Uncategorized — Tags: — admin @ 8:25 pm

Puyallup School District is a school district that supports the City of Puyallup, Washington and surrounding area. It is the 9th largest school district in Washington. The District has twenty-two elementary schools, six junior high schools, three senior high schools and an alternative school, together which serve over 20,000 students. The District employs approximately 1,330 certificated and 850 classified staff and 300 substitute personnel.

The current Superintendent of the Puyallup School District is Tony Apostle. He became superintendent in July 2004. Prior to being appointed Superintendent, Dr. Apostle was the Executive Director of Administrative Services in the Puyallup School District.

Mission of Puyallup School District: Supported by families and our diverse community, the Puyallup School District challenges its students to achieve their academic, creative and physical potential.


High Schools

  • Puyallup High School
  • Emerald Ridge High School
  • Governor John R. Rogers High School


Junior High Schools

Puyallup has 6 Junior High Schools:

  • Aylen Junior High
  • Ballou Junior High
  • Edgemont Junior High
  • Kalles Junior High
  • Ferrucci Junior High
  • Stahl Junior High


Elemetary Schools

Puyallup has 22 elemetary schools:

  • Brouillet Elementary
  • Carson Elementary
  • Firgrove Elementary
  • Fruitland Elementary
  • G. W. Edgerton Elementary
  • Hilltop Elementary
  • Hunt Elementary
  • Karshner Elementary
  • Maplewood Elementary
  • Meeker Elementary
  • Mt. View Elementary
  • Northwood Elementary
  • Pope Elementary
  • Ridgecrest Elementary
  • Shaw Road Elementary
  • Spinning Elementary
  • Stewart Elementary
  • Sunrise Elementary
  • Waller Road Elementary
  • Wildwood Park Elementary
  • Woodland Elementary
  • Zeiger Elementary

Information continuum

Filed under: Uncategorized — Tags: , — admin @ 4:00 pm

The term Information continuum is used to describe the whole set of all information, in connection with information management. The term may be used in reference to the information or the information infrastructure of a people, a species, a scientific subject or an institution.

The Internet is sometimes called an ‘Information continuum’.


Reference

  • “THE INFORMATION CONTINUUM, Evolution of Social Information Transfer in Monkeys, Apes, and Hominids”, BARBARA J. KING, 1994


External links

  • Monash University - Faculty of Information Technology

Black & White 050505

Filed under: Uncategorized — admin @ 3:55 pm

Black & White 050505 is an album by the Scottish rock group Simple Minds. It was officially released on September 12, 2005 but it had already circulated on the Internet weeks before.


Track listing

  1. “Stay Visible”
  2. “Home”
  3. “Stranger”
  4. “Different World (TAORMINA.ME)”
  5. “Underneath The Ice”
  6. “The Jeweller Part II”
  7. “A Life Shot In Black & White”
  8. “Kiss The Ground”
  9. “Dolphins”


Personnel

Current lineup

Jim Kerr - Vocals

Charlie Burchill - Guitars

Mel Gaynor - Drums

Mark Taylor - Keyboards

Eddie Duffy - Bass guitar

HCN

Filed under: Uncategorized — admin @ 8:47 am

HCN may refer to:

  • Hydrogen cyanide, that has chemical formula HCN
  • Highly composite number, a type of integer
  • Headcorn railway station, that has British National Rail code HCN
  • Halcyon Air/Bissau Airways , that has ICAO code HCN
  • the IATA airport code of Hengchun Airport
  • Cyclic nucleotide-gated ion channel, the molecular species which mediates the h-current in neurons.

Systematic sampling

Filed under: Uncategorized — admin @ 12:45 am

Systematic sampling is a statistical method involving the selection of every kth element from a sampling frame, where k, the sampling interval, is calculated as:

k = population size (N) / sample size (n)

Using this procedure each element in the population has a known and equal probability of selection. This makes systematic sampling functionally similar to simple random sampling. It is however, much more efficient (if variance within systematic sample is more than variance of population) and much less expensive to carry out.

The researcher must ensure that the chosen sampling interval does not hide a pattern. Any pattern would threaten randomness. A random starting point must also be selected.

Systematic sampling is to be applied only if the given population is logically homogeneous, because systematic sample units are uniformly distributed over the population.

Example: Suppose a supermarket wants to study buying habits of their customers, then using systematic sampling they can choose every 10th or 15th customer entering the supermarket and conduct the study on this sample.

This is random sampling with a system! From the sampling frame, a starting point is chosen at random, and thereafter at regular intervals.
For example, suppose you want to sample 8 houses from a street of 120 houses.
120/8=15, so every 15th house is chosen after a random starting point between 1 and 15. If the random starting point is 11, then the houses selected are 11, 26, 41, 56, 71, 86, 101, and 116.
If there were 125 houses, 125/8=15.625, so should you take every 15th house or every 16th house? If you take every 16th house, 8*16=128 so there is a risk that the last house chosen does not exist. To overcome this the random starting point should be between 1 and 10. On the other hand if you take every 15th house, 8*15=120 so the last five houses will never be selected. The random starting point should now be between 1 and 20 to ensure that every house has some chance of being selected.

May 29, 2008

E-Office

Filed under: Uncategorized — Tags: — admin @ 6:15 pm

E-Office is an abbreviation for “electronic office”,
referring to the ongoing process of eliminating paper
and making all office transactions electronic.

The term is something of a marketing buzzword,
without any specific technical meaning.
It might refer to:

  • the introduction of individual computerized “office” applications,
  • or to the interconnection of office computers using a LAN,
  • or to the centralization of office functions via web-based applications.

The introduction of e-office functions might be expected toimprove accuracy and efficiency in an organization and thereby improve its level of service to its customers (both internal and external), while theoretically lowering costs and drastically reducing the consumption of paper. However, at any given point in time, it is often found that the promised benefits of the current generation of e-office systems
have not quite been realized, that there are still many documents being printed out and circulated on paper, and that there are therefore bountiful remaining opportunities for new vendors to propose yet more new systems which will finally realize the true e-office revolution.

Limiting recursive

Filed under: Uncategorized — admin @ 3:25 am

In computability theory, the term limiting recursive (also limit recursive or limit computable) describes sets that are not computable but are the limit of a sequence of computable sets.


Definition

A set S is limiting recursive if there is a total computable function g(n,s) such that <math>\lim_{s\to\infty} g(n, s)=1</math> if <math>n\in S</math> and <math>\lim_{s\to\infty} g(n, s)=0</math> otherwise.

A partial function f(n) is limiting recursive if there is a partial computable function g(n,s) such that
<math>\lim_{s \to \infty} g(n,s)</math> is defined if and only if f(n) is defined, and in this case
<math>\lim_{s \to \infty} g(n,s) = f(n)</math>.


Properties

There are limit recursive sets that are not recursive; a particular example is the Halting problem which is the set of indices of Turing machines that halt on input 0. To see this, let <math>g(e,s)</math> be 1 if the Turing machine with index e halts on input 0 after s or fewer steps, and let <math>g(e,s)</math> be 0 otherwise. Then for each e the limit
<math>\lim_{s\to\infty} g(e,s)</math> exists and equals 1 if and only if the Turing machine with index e halts.

The limit lemma states that a set of natural numbers if limiting recursive if and only if the set is at level <math>\Delta^0_2</math> of the arithmetical hierarchy.


References

Soare, R. Recursively enumerable sets and degrees. Perspectives in Mathematical Logic. Springer-Verlag, Berlin, 1987. ISBN 3-540-15299-7

Resulting trust

Filed under: Uncategorized — Tags: — admin @ 12:15 am

A resulting trust is a situation where property “results” back to the transferor. In this instance, the word ‘result’ means “in the result, remains with”, or something similar to “revert” except that in the result the settlor never effectively parted with his beneficial interest.

A resulting trust generally occurs in two situations when legal property is transferred:

  1. The settlor tries to set up a trust for a third party, but fails to transfer the beneficial interest (for example, by naming a non-existent beneficiary).
  2. The settlor intends to retain the beneficial interest in the property, but transfers the legal title to someone else (for example, to let an active child manage the assets). The trust is implied by the settlor’s lack of intention to transfer any beneficial interestRe Vandervell’s Trusts (No.2) [1974] Ch 269

The beneficial interest results in the settlor, or if the settlor has died the property forms part of the settlor’s estate


The Settlor’s intention

In relation to the second type of resulting trust, there is some difference in expressing the nature of the settlor’s intention:

  • In Westdeutsche Lord Browne-Wilkinson stated that a resulting trust arises due to a legal “presumed intention to create a trust in favour of the donor”
  • It has also been suggested that it is the fact of a “lack of intention to benefit the recipient” that creates the trust.

Although in many cases the outcome would be the same, the difference is significant. It is often difficult to prove intention, but easier to prove the circumstances when a legal presumption will arise. It may be more or less easy to rebut a presumption than to disprove an intention.

Lord Browne-Wilkinson was afraid that this would create a “floodgates” problem, by giving every claimant a proprietary right in bankruptcy - making many more claimants secured creditors, and thus making the position of a secured creditor much less valuable.


Notes

In South Africa there is no doctrine of resulting trusts. The main remedy if any of the trust purposes should fail would be through Unjust enrichment. (westdeutsche landesbank v council of london borough of islington)


References

May 28, 2008

List of asteroids/104001–105000

Filed under: Uncategorized — Tags: — admin @ 2:10 pm

! colspan=”5″ style=”background-color:silver;text-align:center;” id=”001″| 104001–104100 [ edit]

! colspan=”5″ style=”background-color:silver;text-align:center;” id=”101″| 104101–104200 [ edit]

! colspan=”5″ style=”background-color:silver;text-align:center;” id=”201″| 104201–104300 [ edit]

! colspan=”5″ style=”background-color:silver;text-align:center;” id=”301″| 104301–104400 [ edit]

! colspan=”5″ style=”background-color:silver;text-align:center;” id=”401″| 104401–104500 [ edit]

! colspan=”5″ style=”background-color:silver;text-align:center;” id=”501″| 104501–104600 [ edit]

! colspan=”5″ style=”background-color:silver;text-align:center;” id=”601″| 104601–104700 [ edit]

! colspan=”5″ style=”background-color:silver;text-align:center;” id=”701″| 104701–104800 [ edit]

! colspan=”5″ style=”background-color:silver;text-align:center;” id=”801″| 104801–104900 [ edit]

! colspan=”5″ style=”background-color:silver;text-align:center;” id=”901″| 104901–105000 [ edit]

Return address

Filed under: Uncategorized — Tags: — admin @ 9:05 am

In both conventional and electronic messaging, a return address is an explicit inclusion of the address of the person sending the message. It provides the recipient (and sometimes authorized intermediaries) with a means to determine how to respond to the sender of the message if needed.

In programming, return address means the position in code where a program shall return after the subroutine in execution terminates.

Contents


Mail

In the postal mail of some countries, the return address is conventionally located in the upper left hand corner of the envelope, card, or label. It may or may not include a sender’s name, but should include address or P.O. box, city, national division (e.g. state, province, county, etc.), and postal code. In the United Kingdom, the return address is usually placed on the reverse of the envelope, near the top.

The return address is not required on postal mail. However, lack of a return address prevents the postal service from being able to return the message (or a package’s contents) in the case it is undeliverable (such as from damage, lack of postage, or invalid destination.)


Insufficient postage

Since a letter with insufficient postage is traditionally sent back to the return address (using, ironically, postal resources and expense to do so), some creditors have abused this system by placing their own payment address in both the destination and return address spaces. In this way, if a customer fails to put postage on a mailed payment, the envelope is still delivered to the creditor instead of returning to the sender and resulting in a potential late payment penalty. Although postal services typically do not appreciate this practice, it is not generally illegal (at least not in the United States).

Some postal systems send a postcard to the sender with details of the underpayment, so that the sender can attach the required stamps plus a fee and send to the postal authority, for example Royal Mail in the United Kingdom.


E-mail and other electronic messages

In electronic messages, especially e-mail, there are a number of forms of return address.

The most common email return address is located in the From header, which is typically displayed as the sender of an email in most email software. However, the From header is created by the originating email program upon sending the message, and is defined by the originating system (which increasingly is open to alteration by the sender, as desktop email software becomes the norm).

Another return address is the “Sender header”, which is typically created (and overridden) by the mail server used by the originating email software. Since this is typically managed by an ISP, it is often more reliable and legitimate than a From address, if there is a discrepancy.

Additional fields in the headers of an email message include brief signatures of each mail server that handled the message. While these do not indicate the individual sender of the message, they do provide a potentially useful audit trail of where on the Internet the email came from. Abuse coordinators and other spam analyzers use a lot of such header information to aid in tracking the source of an unsolicited email message.

Some mail servers will reject email if the return address(es) do not indicate a valid domain for the network it is coming from. This usually means that Internet users must make sure that they use the mail server associated with the domain in the address they send email from.

Spammers, phishers, and other nefarious email senders take advantage of the alterability of the From address, as well as mail servers that provide bogus (or no) signature information, and don’t perform checks on the domain in the return addresses.


Programming

Any useful program is usually subdivided in reusable parts called subroutines or functions. They can be called in different parts of the same program. Hence, after executing the subroutine, the program should remember where the execution should return. That’s the return address, that’s pushed on the call stack.

Early computers and FORTRAN compilers simply reserved a position at or before the first location of the subroutine to store the return address. This method does not require a stack, which were not generally built into computers until the late 1960s, but does not support recursion. A similar technique was used by Lotus 1-2-3, which executed a tree walk to compute calculation order. Since cycles were not allowed, no recursion was necessary, and the return location could be stored in a reserved location within each cell. The advantage is that no large stack was required which could potentially require one location for every cell allocated.

May 27, 2008

Austrian Space Agency

Filed under: Uncategorized — admin @ 9:50 pm

The Austrian Space Agency was an organization whose purpose has been to coordinate Austrian space exploration-related activities. It was established in 1972 by authorities in Vienna. In 1987, Austria became a member state of the European Space Agency.


See also

  • Austrian Research Promotion Agency


External links

  • Website (English)

Petition mill

Filed under: Uncategorized — admin @ 7:20 pm

A petition mill is a fraud in which the perpetrator poses as a financial advisor, sometimes as a credit counselor or paralegal, filing hastily-prepared bankruptcy documents in the name of victims who come to the advisor as clients. The bankruptcy filing is often both incomplete and inappropriate for the victim’s condition; and, often, the victim does not even realize that a bankruptcy has been filed.

Victims are people in financial trouble who believe they are becoming clients of a professional operation. The fraudster promises to make the foreclosures, evictions, repossessions, high interest rates on loans, and other debt problems go away. The victim pays a large initial fee for the fraudster’s services, and the fraudster usually has the victim sign blank documents. Sometimes the victim is also told to make their usual payments directly to the fraudulent advisor instead of the real creditors, or to transfer their real estate to the fraudster. The payments are stolen by the fraudster instead of being used to pay victims’ debts, and real estate is often deeded in fractional shares to other victims unknowingly under bankruptcy, complicating ownership to make foreclosures even more difficult by having multiple (fraudulent) bankruptcies involved in the property.

In other petition mill schemes, the fraudster simply creates summary bankruptcy filings for the victim. The victim is then told to file pro se in court and deny that anyone helped prepare the documents.

According to the United States Trustee Manual, volume 5, chapter 5, the following are warning signs of a petition mill scheme:

  1. Pro se bankruptcy petition where the debtor says no one assisted him/her, but the debtor is clearly unfamiliar with the bankruptcy system
  2. Pro se petition filed despite the debtor denying filing bankruptcy
  3. Debtor failing to attend the section 341 meeting, where creditors and the United States Trustee first meet with the debtor
  4. “Face sheet” (suspiciously small) filing with a single creditor listed, usually the mortgagee or the landlord
  5. Debtor facing eviction, foreclosure, or repossession notice
  6. Pattern of pro se debtors with identical paperwork form, style, and general content
  7. Pattern of complaints from mortgagees or landlords
  8. Debtors or others being solicited by petition mills that stress stopping evictions, etc.
  9. Complaints by debtor that he/she has been making rent/mortgage/car payments to a third party (instead of to the original creditors)
  10. Advertising in budget papers and using flyers to advertise bankruptcy and divorce assistance at a low, fixed fee
  11. Implications that attorneys are supervising or approving the service
  12. Requests for payment of filing fee in installments
  13. Assets or liabilities not scheduled (filed in proper format)
  14. Failure to properly fill out or file schedules
  15. Use of chapter 7 (complete liquidation) when chapter 13 (reorganization) is clearly feasible


See also

  • Credit counseling
  • Fraudulent conveyance

Interim trustee

Filed under: Uncategorized — Tags: , — admin @ 9:20 am

Interim trustee is a term of art in section 701 of the Bankruptcy Code, Title 11 of the United States Code.

When a case under Chapter 7 of the Code is commenced, the United States Trustee immediately appoints an interim trustee for that case. The most important immediate duty of the interim trustee is to conduct the first meeting of creditors (sometimes called the “341 meeting”), at which the bankrupt person is required to appear and respond to questions under oath concerning the person’s assets and debts (see generally ).

If the creditors do not elect some other person qualified to serve as trustee for the case, then the interim trustee becomes the “permanent” trustee. He or she serves as trustee for the duration of the case, but is subject to removal for good cause. In the overwhelming majority of bankruptcy cases, the interim trustee is not replaced, and serves for the entire case.

Chapter 7 trustees are selected by the U.S. Trustee from a “panel” of individuals residing or having offices in the judicial district where the bankruptcy case is filed. Federal law prohibits the U.S. Trustee from requiring the trustee to be licensed as an attorney. Because trustees must be knowledgeable about bankruptcy law and procedure in order to administer their cases, most panel trustees are, however, attorneys who handle their court responsibilities as a complement to their law practices.

The only other legal pre-requisite for the qualification of the interim trustee is the giving of a surety bond to secure compliance with the trustee’s responsibilities in the case. Generally, panel trustees will file a “blanket bond” with the U.S. Trustee’s office which covers all cases in which a particular trustee is serving.


See also

  • Bankruptcy

May 26, 2008

Cost of money

Filed under: Uncategorized — admin @ 10:05 am

The cost of money refers to the availability of credit and the interest rate at which that credit is available, expressed as present future value.

The “cost of money” refers to interest; either interest paid on an existing loan or unearned interest when money is tied up in material assets or other investments that do not generate income.

Production opportunities
Time preferences for consumption
Risk
Inflation

Christopher Raymond Perry Rodgers

Filed under: Uncategorized — Tags: , — admin @ 5:50 am

Christopher Raymond Perry Rodgers (4 November 1819 – 8 January 1892) was an officer in the United States Navy. He served in the Mexican-American War, the American Civil War, as Superintendent of the Naval Academy, and Commander-in-Chief of the Pacific Squadron.

Born in Brooklyn, New York, Rodgers was the son of George Washington Rodgers and Anna Maria Perry. His maternal grandfather was Christopher Raymond Perry.

Rodgers was appointed a midshipman in 1833. During the Mexican-American War, he participated in the siege of Vera Cruz. Promoted to Commander in 1861, Rodgers served on the USS Wabash at the battle of Port Royal and helped in the capture of Fort Pulaski.

He was promoted to Captain in 1866, Commodore in 1870, and Rear Admiral in 1874. Rodgers acted as the superintendent of the Naval Academy from 1874 through 1878, and again in 1880 through the following year, retiring in 1881.

He died in Washington, D.C., and is buried in Annapolis, Maryland.


See Also

  • List of Superintendents of the United States Naval Academy

Matchmaker

Filed under: Uncategorized — Tags: — admin @ 2:40 am

Matchmaker may refer to:

  • A person who engages in matchmaking, sometimes as a profession.
  • Matchmaker.com, an internet dating service.
  • The Matchmaker, a play by Thornton Wilder.
  • “Matchmaker, Matchmaker”, a song from the musical Fiddler on the Roof.
  • The Matchmaker”, a 1958 film, starring Shirley MacLaine.
  • The Matchmaker (1997 film), a 1997 movie.
  • Matchmaker (game show), a late-80’s dating show.
  • The Matchmaker (Frasier), an episode of the situation comedy Frasier.
  • Export Finance Matchmaker, a US Department of Commerce computerized process for exporters.
  • MatchMaker, book location software used by the Americana Exchange.

1742 in Canada

Filed under: Uncategorized — Tags: , — admin @ 1:35 am

See also:
1741 in Canada,
other events of 1742,
1743 in Canada and the
list of ‘years in Canada’.



Events

  • First scientific report on the North Pacific fur seal.
  • First Fort Paskoya built by La Verendrye at Cedar Lake.


Births


Deaths

May 25, 2008

Reaffirmation agreement

Filed under: Uncategorized — Tags: , — admin @ 6:10 pm

A reaffirmation agreement in United States bankruptcy law refers to an agreement made between a creditor and the debtor that waives discharge of a debt that would otherwise be discharged in the pending bankruptcy proceeding. A properly executed, timely filed reaffirmation agreement modifies the discharge such that it is rendered inoperable against the subject debt. Most statutory authority for reaffirmation agreements is codified in section 524(c) of the Bankruptcy Code.

CFA Institute

Filed under: Uncategorized — Tags: — admin @ 1:25 am

The CFA Institute is headquartered in the United States Of America at Charlottesville, Virginia with offices in Hong Kong and London. Formerly known as the Association for Investment Management and Research (AIMR), the Institute awards the prestigious Chartered Financial Analyst (CFA) designation.

Contents


History

In 1925, an organization of investment analysts founded the Investment Analyst Society of Chicago. Similar organizations were formed elsewhere starting with the New York Society of Security Analysts (NYSSA) in 1937. In 1947, the organizations merged to create an umbrella organization, the National Federation of Financial Analysts Societies (NFFAS). As societies were formed, they too joined the national organization.

In 1959, the member societies voted to form the Institute of Chartered Financial Analysts (ICFA) for the purpose of provide the CFA certification. ICFA would offered the first CFA Exam in 1963 and adopted a three-exam format in 1964. The NFFAS, now the Financial Analyst Federation (FAF), remained as an umbrella organization for the member societies.

After many years of operating separately, the two organizations voted in 1990 to move towards a merger as the Association for Investment Management and Research (AIMR). The organizations merged in 1999. In 2004, AIMR voted to change its name to the CFA Institute in order to reinforce its association with the CFA Charter that it issues. 112 member societies have also changed their names to reflect the global society’s name change.

Today, the CFA Institute claims more than 83,000 members in 129 countries. There are 134 societies in 55 countries. More than half of the membership (48,934) is in the United States. Canada also has a significant presence with 10,642 members. Approximately 83% of total membership holds the CFA designation.

In addition to administering the CFA Exam, the Institute publishes the Financial Analysts Journal (founded 1945). The Institute also operates the CFA Center for Financial Market Integrity and the CFA Research Foundation.


Trivia

The largest societies are:

  • New York Society of Security Analysts - 10,945 members
  • Toronto CFA Society - 6,289 members
  • United Kingdom Society of Investment Professionals - 5,241 members
  • The Hong Kong Society of Financial Analysts Limited - 4,399 members
  • The Boston Security Analysts Society - 4,526 members
  • CFA Society of Chicago - 3,377 members
  • CFA Society of San Francisco - 2,767 members
  • Florida has the largest number of societies (six) followed by California and Ohio (five).
  • The oldest society is in Chicago - founded 1925.
  • The youngest societies are in Egypt and Bahrain - both admitted in May 2006.


External links

  • CFA Institute
  • member society source
  • CFA passport to money markets, Edmonton Journal
  • CFA Institute has new designation for due diligence, Investment News
  • Wall Street Grows Bearish On The MBA, New York Resident Magazine
  • CFA, A Demanding Designation, Edmonton Journal
  • While Ivy League MBAs Impress, Hottest Three Letters Are CFA, New York Sun
  • CFA Test-Takers Seek Wall Street Success, Global Acceptance, Bloomberg News
  • Rise of the Grueling Professional Exam, Financial Times


See also

  • Chartered Financial Analyst
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