LOAN MANAGEMENT RESEARCH WARNING-World Headlines: Shaw Capital Management

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Shaw Capital Management News on Hacker chief ‘Sabu’ on Being Fugitive

New York City guy linked to LulzSec and Incognito organizations by Shaw Capital Managementnews.

Among the reclusive frontrunners in the notorious and disbanded LulzSec hacking organization gave an online interview where he talked candidly concerning living being a sought internet offender, the successes and future of his previous organization and the concerns that one of his peers will ultimately bring him down.

From the conversation, section of a continuing “Ask Me Anything” thread on Reddit, Sabu says he is wedded, talks 3 languages fluently – English, Spanish and German – and started being a self-taught hacker in 2000. Though his answers are not really the facts, it seems Sabu is actually Puerto Rican, 30 years old and dwells within New York City.

Actually, Sabu might not suit the stereotypical “hacker” cast. He explained he likes repairing automobiles, enjoying music and getting together with his family members. “I am loving life a whole lot at the moment,” he said. “I rarely have time for [hacker operations] just like I did before.

What exactly keeps a 30-year-old contentedly wedded guy committed to the shadowy underground realm of activism? Sabu, additionally a part of Anonymous, says he is influenced by a single all-encompassing thought. “Revolution moves on thru my veins and it is denser than blood,” he explained.

It turned out this similar concept that ignited the fire in LulzSec and resulted in its distinctive hacks towards anyone through the U.S. Senate, the CIA and Nintendo to PBS, Fox.com and state internet sites in Brazil and Britain.

While it technically disbanded in late June – this organization came back a month afterwards to compromise The Sun’s web site and leak staff member names in retaliation for Rupert Murdoch’s sanctioned voicemail hacking – Sabu stated LulzSec continues to have a cache with delicate documents out of key companies, which includes more e-mails from The Sun it’s storing in Chinese providers, and data thieved from HSBC as well as “the few other banking institutions.”

LulzSec offers “loads of remarkable dumps we have been looking at because of time,” Sabu claimed.

However he confessed he is “on the run, Sabu is definitely a lot less concerned with the authorities locating him as compared to   one of his ex- LulzSec peers ratting him away.

“The interesting angle would be that my very own buddies takes me down, but not those dummies who disguise behind a patriot veil,” he explained, making reference to the Jester, the pro-American hacker that continuously goads Sabu as well as other Anonymous associates on Twitter.

In case he is able to avert detectors and police arrest, Sabu says he intends to switch his intentions to education and desires to one day “release a number of books.” As much as Anonymous, Sabu doesn’t view the organization or its belief ceasing.

“I view it breeding a lot of groups plus political parties,” he explained. “This movement is definitely true. No more a web meme.

FINANCIAL NEWS: tommcruise - shaw capital management fsa:FSA's WP crackdown could hit smaller firms | RedGage

The FSA’s proposed clampdown on insurance firms writing new with-profits business could lead to the closure of smaller insurers, according to the Association of Financial Mutuals.

Last week, the FSA proposed rules that will mean providers wanting to use capital in with-profits funds to write new business will have to demonstrate it will not erode the value of the fund or cause consumer detriment.
AFM chief executive Martin Shaw says: “The proposals could hasten the closure of mutual and smaller organisations and cause bigger mutuals to reconsider their status. For mutuals, the only source of capital is the money in the with-profits fund, while firms like Aviva have shareholder funds providing the capital.”

The FSA says “a substantial minority” of firms write new business in their with-profit fund that is loss-leading and will not break even, reducing the amount of money available to distribute to policyholders.

Shaw says firms use money resulting from intergenerational transfer that does not relate to current policyholders to back new business and it would be fundamentally wrong to pay that out to policyholders.

FINANCIAL NEWS:Latest World Headlines: Shaw Capital Management | FSA issues warning on structured products

Structured products are increasingly being marketed by banks and wealth managers to consumers who are tempted by the headline rates on offer at a time when returns on cash are still close to zero.
Typical products will lock up capital for five years and offer investors a proportion of any return on the stock market over that period. But many “guaranteed” products in fact only protect capital if the stock market does not fall below a certain level over a certain period of time.
The regulator has had the investment products on its radar after a review in 2009 of products backed by Lehman Brothers found that sales advice had been either unclear or misleading in two-thirds of cases.
But sales of structured products have shot up since the credit crunch, with a 48 per cent rise in new sales in 2009 compared with 2008, according to the website Structuredretailproducts.com.
The UK retail market was worth £52bn at the end of 2010, up from £46bn the previous year. The FSA said it had taken steps to introduce the new rules after evidence that its current guidelines, introduced in 2001, were not working.
“We already have a rule that says firms have to be fair, clear and not misleading – but in a lot of cases we’re finding that’s not working,” the FSA said.
Structured products have been behind some of the largest fines imposed by the regulator in recent months, including a £1.4m fine on Norwich & Peterborough Building Society in April for mis-selling the investments and a £700,000 fine on RSM Tenon last year.
Some independent financial advisers have also faced individual fines for failing to explain the risks of the products properly. A consultation on the proposal is open to August 6.
The FSA expects to publish the results of a separate investigation into how structured products are sold and marketed to consumers later this year, which is expected to clamp down on sales practices further.

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SHAW CAPITAL MANAGEMENT FINANCIAL NEWS:Cochrane Shaw Capital Management Pty Ltd.

COMPANY OVERVIEW

Cochrane Shaw Capital Management Pty Ltd. provides investment and securities advisory services to individuals, corporations, accounting firms, and legal practices in Australia. The company offers advice on shares, debentures, superannuation, life insurance, unit trusts, and master fund products, as well as ongoing review on their investment portfolio. Its services include financial planning and investment strategies, superannuation planning, retirement and pension planning, risk insurance management, estate planning, and taxation planning. Cochrane Shaw Capital Management Pty Ltd. was incorporated in 1969 and is based in Melbourne, Australia. As of December 24, 2010, Cochrane Shaw Capital Ma...

Detailed Description

Giovanni Ribisi

Giovanni Ribisi is a very talented actor who has appeared in a number of films alongside of many A List actors such as Angelina Jolie and Nicholas Cage.

He has a twin sister who is also a actress. Ribisi was born on December 17, 1974 to a talent agent and a musician in Los Angeles – he was therefore destined to be a actor!

He first got into acting at the age of nine when he and his sister appeared on television. Ribisi was seen on a number of shows ranging from The Wonder Years to The New Leave It to Beaver and My Two Dads.

He also played Lisa Kudrow’s younger brother, Frank, Jr, on the hit sitcom Friends. Recently he has appeared in a number of episodes of the NBC comedy, My Name Is Earl.

Ribisi’s film roles have ranged from action “Gone In 60 Seconds” which he starred as the younger brother of Nicholas Cage to the romantic “The Other Sister” where he played a man with learning difficulties alongside Diane Keaton and Juliette Lewis. He then went on to appear in such films as “Cold Mountain” which starred A-Listers Jude Law and Nicole Kidman.

Ribisi was then nominated for a Teen Choice Award for his role as Seth Davis in The Boiler Room.

His most recent release that has been a major box office hit has been Golden Globe winning movie, “Avatar” .

Vin Diesel

Vin Diesel is an actor, director, producer and a writer. He is best known for his starring roles in several action films.

Early Life

Mark Sinclair Vincent, known today as “Vin Diesel,” was born on July 18, 1967 in Greenwich Village. He became interested in acting at around seven years old. Actually, he was interested in vandalism at seven years old and happened upon acting in the process of breaking into a theater.

As a young man he attended Hunter College for three years before dropping out. He studied creative writing. He changed his name to Vin Diesel while working bouncer in a nightclub.

Career

In the 1990′s he made the films Multi-Facial and Strays. Multi-Facial made it to the 1995 Cannes Film Festival and Strays went to the Sundance Film Festival in 1997. Near the end of the decade he played Pvt. Adrian Caparzo in Saving Private Ryan. Vin’s big breaks came at the turn of the century with the roles that propelled him to super-stardom.

He played Richard B. Riddick in his first starring role in the sci-fi thriller Pitch Black. Next he took on the role of a street racing young gang leader, Dominick Toretto in The Fast and the Furious. That film prompted a barrage of imitators in candy painted old Honda Civics to take loudly to the streets throughout America in the early 2000s.

In 2002 he played Xander Cage, an extreme sprorts athlete in xXx. Other noteworthy films are; The Iron Giant (voice), Knockaround Guys, A Man Apart, The Pacifier, and Babylon A.D. He is currently working on several projects including a sequel to Pitch Black.

Personal Life

Vin guards his personal life more closely than other celebrities. He has been involved with Michelle Rodriguez in the past but is currently in a relationship with the model Paloma Jimenez. She is the mother of his only child, Hania Riley, born in 2008.

Interesting Facts

• Diesel is a huge fan of Dungeons and Dragons.
• He was a successful telemarketer before he was a star. Who could say no to that deep voice?
• He has a fraternal twin named Paul.
• He is half African-American and half Italian-American.
• He once appeared in an instructional breakdancing video.

Profile of the Writer / Director Ben Younger

Ben Younger is an American born screen writer and Director made famous by his first major motion picture “Boiler Room”.

Younger Years

Younger was born October 7, 1972 in Brooklyn, NY. He was raised in Eltingville Staten, Island, until his parents split up, after which he was shuttled between their homes in New Jersey and Flatbush. Raised a member of the Modern Orthodox Jewish Church, he attended yeshiva before beginning a course of study in political science at Queen’s College. He continued there, working as a both a student and stand up comic, until his father was diagnosed with colon cancer, forcing him to abandon his studies.

After leaving the college, he began looking toward a career in major politics, working as a legislative aide to Alan Hevesi. From this position he went on to manage the political Campaign of Melinda Katz, a Queens Democrat as she ran for a seat in the State Assembly. In doing so he made history, at the age of 21, becoming the city’s youngest campaign manager.

Beginning an Entertainment Career

Younger’s interest in politics was short lived and by 1995, he was looking to return to stand-up comedy or a related field. He began working as a writer and director, working with music videos, commercials and short films. He then broke into the major film industry by working as a lighting tech on a number of major productions.

Filmography

In 1995, he worked with a broker to develop his first film, “Boiler Room”. It was produced with great success, and released in 2000. He followed the success with the release of his second film, a romantic comedy, “Prime”, in 2005.

In addition to his film success, Younger has also written scripts for television.