Focus on the Money Market Fund and Bruce Bent II

Money market fund can be equated to a mutual fund that is open-ended and invests in debt securities on a short term like commercial paper and the US treasury bills. Money market funds are regarded as safer just like bank deposits but with higher yields. They serve as important liquidity providers to fiscal intermediaries.

What are Money Market Funds?

Money market funds were established with an aim of limiting the exposure to loss caused by liquidity, market and credit risks. A money fund is mainly concerned with buying the highest debt that matures in less than 13 months. In this case, the portfolio ought to keep a 60-day or less weighted average maturity (WAM), and should not invest over 5% in any single issuer. The only notable exceptions are repurchase agreements and government securities. The funds are aimed at maintaining a $1 per share stable value and pay dividends to the investors.

Who should have a Money Market Fund?

A money market fund is mainly set up for investors interested in the preservation of their cash while earning a small profit. Investors looking to make higher yields from their short-term deposits benefit a lot from money market funds. These funds were created with an aim of substituting bank accounts.

About Bruce Bent II

Bruce Bent II is the vice chairman and president of Double Rock Corporation, a top financial technology firm. Double Rock Corporation offers the most innovative services in cash management, bank, dealer, retail and qualified plan markets. Bruce Bent II is the senior executive of Landing Rock Group LLC, LIDs Capital LLC and the Island Intellectual Property LLC. They are all fully owned subsidiary affiliates and companies of Double Rock Corporation.

 

Bent is a leading pioneer of the retirement services and cash management businesses. His huge entrepreneurial drive and vision have acted as the catalysts for the development of some of the most relevant and influential technologies and products present in the financial services trade. Bent II holds a number of patents and his innovative processes serve as the foundation of every company under Double Rock Corporation, which are considered to be the standard in their different markets. He has spent his entire career at the company. Bent II holds a Bachelor of Science in Philosophy from the Northeastern University.

For more information follow Bruce Bent II on Twitter.

Wildly popular Securus Video Visitation system prevents prison crime

One of the greatest privileges that inmates enjoy throughout America’s prisons is the ability to stay in constant communication with their loved ones on the outside. This cherished ability forms one of the strongest incentives for them to maintain a good record of compliant, rule-following behavior.

 

While this has always been the case, it has become much more of a potent incentive for inmates to stay on their best behavior since the introduction of video visitation technology. No company has been more instrumental in bringing to the market state-of-the-art video visitation software and VoIP internet telephony and video call systems then Securus Technologies. Securus’ state-of-the-art video visitation system allows inmates to stay in nearly daily contact with their loved ones on the outside, for just fractions of what a typical phone call would have cost 10 years ago.

 

The benefits of cheap video visitation technology for inmates are almost incalculable. Many studies have shown that recidivism is positively affected by the ability of inmates to maintain a strong socialization with law-abiding citizens. The best way to accomplish this has been shown to be allowing inmates to stay in regular contact with friends, family and loved ones on the outside of the prison walls.

 

But there are also enormous benefits that accrue to the prison staff itself. One of these is the ability to forego in-person visitation. In-person visitations have long been the Achilles heel of the prison security chain. This has long been one of the few places where members of the general public are allowed to come into physical contact with inmates housed at the facility. This has presented an opportunity for the passing of contraband, including weapons and drugs into the institution, posing a major threat to staff, inmates and all other persons spending time within the facility.

Jason Hope Ponders The Structure Of A Tech-centric United States

Jason Hope has made a name for himself as one of the nation’s leading tech entrepreneurs. The Arizona businessman has an impressive record to his credit.

He was one of the first movers in the premium mobile content space, beating Apple to market by nearly a decade.

But recently, Hope, who has a reputation of being perennially bullish on the future, has become concerned with some of the implications of a rapidly automating society.

The future is now
Hope has long been one of the principal proponents of all the wondrous possibilities that technologies, such as the Internet of Things, have to offer. But neither is he some kind of futurist Pollyanna. Hope has long been concerned with the implications of some of the more disruptive aspects of the widespread adoption of new technologies.

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One of these is the ever improving and expanding state of automation. Many people think of things like completely automated restaurants, where no employees are involved in food preparation or serving, and self-driving cars are foggy concepts that belong to the distant future. Jason Hope is quick to point out that their view is false. The future is now.

In California, the chain Eatsa is a fully-automated, self-serve fast food restaurant. It has more or less proven the concept of a restaurant with essentially no employees. Elsewhere in the same state, companies such as Uber and Mercedes Benz rack up millions of miles per year with completely autonomous cars. The spread of these technologies is only a matter of time.

Nationwide Title Clearing, Inc. the Ultimate Document Provider

Nationwide Title Clearing, Inc. is a national wholesale document provider that is a leading force in the industry. They were established in 1991 as a small local title company and are today one of the largest in the industry. The are located in Palm Harbor, Florida and employ over 600 employees in three states.

 

Eight out of the of the top retail mortgage and title companies who are involved with property closings rely solely on Nationwide for their documentation needs, and rightly so. The mortgage industry is highly competitive, and the two most important factors are the speed of the delivery of the documents, such as lien releases and title verification are important. Also, the accuracy of these documents is extremely vital because the wrong documents can shut down a closing session on a piece of property.

 

Nationwide has a .78% rejection rate and a 99.89% rate of compliance. This means that the accuracy and the speed of delivery are nearly 100% on both counts, which leads the industry.

 

Much of the credit goes to the employees and the training that they receive. New employees have an intensive three-week training period where they cover every detail of what they will be doing when they are on the job. Then when they are in their first few months of working, they are monitored very closely until they master the tasks at hand.

 

Employees also have over 150 training and educational modules that are available to them. Employees can take advantage of these extra learning courses to advance withing the company. Time is set aside for anyone who wishes to participate. At any given time approximately 50% to 70% of the workforce is found to be involved in these extra pursuits.

 

Nationwide enjoys and enthusiastic workforce, and it is a company that people enjoy working for. This is brought out in the Top 100 workplace to work recognition, which Nationwide has been a part of for the past five out of six years, as noted by the Tampa Bay Times.

 

As John Hillman, the company CEO puts it, compliance is something that companies in our industry talk about a lot, but some don’t live it. To have high marks in the compliance area, you have to train for it and then publically monitor it so that it becomes a part of the corporate culture. Then and only then, will it finally become a fact of life.

 

Clay Siegall’s Passion For Conducting Cancer Research

In the last decade, Seattle Genetics made significant strides in the field of cancer research. Today, the company has recruited some of the leading researchers and scientists to undertake comprehensive studies on cancer and aging. The firm started as a small agency. With its continued progress in developing viable cancer therapies, Seattle Genetics has managed to expand the scope of its research to include aging-related diseases. Within five years of operations, Seattle Genetics’ stock price had tripled, indicating the firm’s impact in the industry.

Clay Siegall heads Seattle Genetics. Since he started his profession in biomedical studies, Clay has always been interested in improving the lives of cancer patients. He is a graduate of George Washington University where he earned his PhD in Genetics. He started his career at Bristol-Meyers Squibb Pharmaceuticals Research Institute by working as a senior research investigator. He rose through the ranks to become a principal scientist. Later, he joined the National Cancer Institute where he worked as a biotechnology and staff fellow.

Over the years, Siegall has helped the company to make successful breakthroughs in cancer research. Clay has a genuine desire to assist cancer patients. It is for this reason that Dr. Clay has zeroed in on developing viable cancer drugs to lengthen the lives of cancer patients. Under Siegall’s visionary leadership, the company was able to develop the first antibody-drug conjugates known as ADCETRIS.

About Clay Siegall

Clay Siegall is a revered scientist. Over the years, he has specialized in targeted cancer therapies. Clay is one of the founders of Seattle Genetics, which was established in 1998. He serves as the CEO and president of company. In addition, Clay is the chairman of the board. He founded the company on the foundation of rigorous research, scientific innovation, drug development and passion for assisting patients. Presently, Siegall is leading the company in developing a pipeline of proprietary ADCs for cancer treatment.

Over the years, Clay has helped Seattle Genetics to enter into several strategic partnerships with GlaxoSmithKline, AbbVie, and Genentech for its ADC technology. These licenses have generated over $350 million. Siegall has also guided the firm in capital-raising activities. To this end, he has secured more than $1.2 for the corporation through private and public financing.

 

Why Securus Technologies Deserved to Win the Gold Stevie Award

The award of Gold Stevie awarded to Securus Technology in the category of sales & customer service did not take us by any surprise. After all, the company has been billed as the leading business in corrections, investigation and criminal and civil justice solutions in the society. The award ceremony happened on 24th February 2017 at Caesars Palace Las Vegas, Nevada.

 

Excellent Customer Care and Services

 

Danny de Hoyos who is the senior V.P of Operations of Securus Technologies received the award, and his speech was fantastic. He thanked the experts for acknowledging Securus Technologies in their effort in customer service. He mentioned that the team realizes the need to solve customers’ issues on the first call which is the key principle in improving on customer experience. The IT firm has put a lot of effort in developing robust technologies to help solve their clients’ demands and expectations. The primary focus should be placed on customers’ needs and help them past their stressful encounter while doing their time in the American prison systems. The rising number of their services are a clear testament to their all-round brilliance.

 

Judges’ Comments

 

Well the judges had something to say about Securus that;

 

  • They had recognized the problem and commitment to the company’s staff in helping improve the team a real improvement in customer service survey.#

 

  • Securus story was compelling despite having a challenging environment to work within.

 

  • The company’s role is important and for them being able to provide excellent service to their clients is impeccable.

 

The chief president and founder of Gold Stevie Awards Michael Gallagher said Stevie Awards in the category of sales and customer service is one of the growing award programs the growth shows the importance of sales business developing efficient customer care service in any organization.

 

About Securus Technology

 

Securus Technologies has their headquarter in Dallas Texas with 3450 agencies and 1200000 inmates on North America.it is dedicated to civil and criminal justice technology solutions in public safety to investigate, correct and monitor. The company plans to both improve their existing infrastructure and come up with new technology to help bolster the communication between prisoners and their families.

 

Bruce Levenson Is Not Only A Former NBA Owner, He Encourages Philanthropy Among Young People

Bruce Levenson made the news when he recently decided to pursue legal action, along with other members of Atlanta Hawks Basketball & Entertainment (AHBE) against AIG Insurance. Levenson and AHBE had just sold their shares of the Atlanta Hawks not long ago and also decided to buyout then General Manager Danny Ferry’s contract. Ferry had been involved in a dispute with some of the owners and in the midst of the buyout decided to file a claim with AIG. AIG denied the claim, and Ferry as well as AHBE and Levenson decided to take legal action against AIG. The case is still being worked out in a Fulton County court.

Levenson has been a long time businessman who co-founded Unified Communications Group (UCG) back in 1977. He had previously enrolled at Washington University where he got his bachelor’s in journalism, and also attended American University where he got a degree in law but never entered the attorney profession. He had also contributed to the now defunct Washington Star but decided he wanted to launch his own publishing business. He and Ed Peskowitz began business operations in a little storage room in a quaint part of Washington D.C., but soon they had created a large publishing conglomerate. UCG has been the founding company of TechTarget and recently the GasBuddy app. Levenson is also on the board of BIA Digital Partners.

Bruce Levenson purchased most of the shares of the Atlanta Hawks in 2004 and owned the team until 2015. Levenson has also given back a lot of money to his Washington D.C. community and helped establish the Center for Philanthropy and Non-Profit Leadership at the University of Maryland. Levenson did this to teach young people the importance of giving back to their communities. Levenson also contributes to the Holocaust Memorial Museum, and once he even took the Atlanta Hawks entire team and coaching staff to the museum where his wife shared her personal story of surviving the event.

Source: https://en.wikipedia.org/wiki/Bruce_Levenson

 

How Ricardo Tosto has been able to maneuver Brazil’s judicial system to become the best.

Hiring a good lawyer is one thing and having the best attorney is another different thing. As an individual it’s important to understand the kind of attorney you choose as it will determine your case. Your attorney needs to be in a position of offering competent advice and helping you in winning your case. In Brazil, lawyers are highly respected people as this is seen as a profession one can pursue. Brazilian law consists of a combination of the Italian, German, Portuguese and French Civil law. With this in mind, it is important for any Brazilian lawyer to have the right knowledge of the Law to enable him understand what to do and what not to. Brazil is known for having many lawyers who highly qualified the reason being the presence of numerous law schools compared to any other state in the world. Brazilian government understands the importance of having qualified lawyers who have the appropriate education skills and that is why they establish numerous law schools.

One lawyer who has been able to make a name for himself as an esteemed and qualified lawyer is Ricardo Tosto de Oliveira Carvalho. He majorly describes himself as one of the most strategist leader when it comes to the legal corridors of Brazil. This is because he came from a humble background and he rose to the top to become one of the best attorneys in corporate litigation Brazil has ever had. With time, he has gained the appropriate experience making his career have continuous coverage and recognition by the residents of Brazil and the world at large. Throughout his career, he has represented the big fish in Brazil such as politicians, multi billion companies among others and through this, become famous.

Some of the other things that has made Tosto became very famous include; implementing various legal tools and winning most of his cases. Every individual wants a lawyer who will not only represent them in court but also win their case. For one to be a fully qualified lawyer in Brazil, one must first go through the National Bar Examination and Vestibular and pass the two with flying colors. Having gained the required educational skills, Ricardo Tosto is assured of being the best attorney in Brazil.

 

The Philanthropic Efforts of Eric Lefkofsky

In this age of technological advancements, there seems to be a trend among entrepreneurs and successful technology company founders towards being more philanthropic. However these efforts aren’t only being followed by the tech industries leaders like Bill Gates, Elon Musk, or Eric Lefkofsky but also by leaders in other industries like Warren Buffet and David Rockefeller.

 

The Giving Pledge

 

The campaign, The Giving Pledge, is dedicated to getting wealthy people around the world to donate a majority of their wealth to philanthropy during their lifetime or upon their death. In Decemeber of 2013, Eric Lefkofsky and his wife Elizabeth Lefkofsky pledged to give away $1.5 billion of their wealth adding their names with over 150 other wealthy philanthropists from around the world. To date, The Giving Pledge has amassed a total pledge amount of around $731.8 billion from over 150 different wealthy philanthropists around the world.  Check investor.groupon.com for more related postings.

 

Eric Lefkofsky and his wife Elizabeth Lefkofsky pledged that amount in 2013, but this is no new area for the couple. In 2006 the couple founded a charitable trust, The Lefkofsky Foundation, which provides support to multiple areas and initiatives across the United States ranging from Health and Education, to Arts and Human Rights. The Lefkofsky Family Foundation has helped over 50 organizations in these areas.  Based on chicagobusiness.com

 

The Lefkofsky Family Foundation

 

The foundation has been involved with a lot of efforts in Chicago particularly but is not limited to working with organizations in that area alone. Eric Lefkofsky and his wife Elizabeth Lefkofsky founded the charitable trust, The Lefkofsky Family Foundation, in 2006 which focuses on initiatives in the following key areas:

 

  • Access to Quality Education
  • Improve Fundamental Human Rights
  • Advanced Innovative Medical Research
  • Expand Cultural Initiatives

 

Some of the most recognizable organizations that The Lefkofsky Family Foundation works with are organizations such as Planned Parenthood, Stanford Medicine and Sidney Kimmel Comprehensive Cancer Center at Johns Hopkins. The Lefkofsky Family Foundation has also helped with the John F. Kennedy Center for Performing Arts and the Art Institute of Chicago.

 

For a full list of all the organizations and institutions The Lefkofsky Family Foundation has worked with,  you can visit http://www.lefkofskyfoundation.com/

 

How To Earn Money By Sharing Delectable Wine With Friends

By becoming one of The Traveling Vineyard’s Wine Guides, it’s possible for you to earn money by hosting in-home wine tastings. Thanks to the concept of direct selling, it is now possible to promote wines, just like other people promote candles and other items at in-home parties. Working with The Traveling Vineyard is a better business decision, however, because you have people taste the wine you bring, so they are confident that they will enjoy the wine when they place an order.

Since wine is a consumable product, your customers will keep placing orders with you, because The Traveling Vineyard’s wines are exclusive, and not available in stores. By setting you up with your own website, The Traveling Vineyard helps you get repeat orders, plus you can assist others with setting up their own business as a Wine Guide and earn additional income as you build your team.

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Unlike other direct selling businesses, The Traveling Vineyard does not ship the wine to you, and then expect you to deliver it. Once an individual places an order and you fill out the paperwork, you are done; The Traveling Vineyard ships the wine to your customer. The only wine bottles that you will ever carry are the five bottles you take with you to each tasting event.

To begin your own business with The Traveling Vineyard, you’ll pay a one-time fee for a Success Kit, which includes enough wine and accessories for two wine tastings, plus all of the training that you will need to become a wine expert and a successful businessperson. Replacing the tasting kit before each new event is your only expense, besides your monthly fee to maintain your website, which is an expense that you would incur with any business. You earn money simply by sharing delectable wine, since the wine sells itself.

Learn more about Traveling Vineyard: https://www.linkedin.com/company/the-traveling-vineyard