Heralded as one of the best Rolling Stones albums, let alone one of the great rock n’ roll albums of all time, Exile On Main Street will get a new life as the focus of a new biopic film. Titled Exile on Main Street: A Season in Hell With the Rolling Stones, the band recorded the album in a small bunker-like studio before its big release in 1972.The film will be directed by Andy Goddard, who has worked on Downton Abbey, and the storyline will largely follow Robert Greenfield’s 2008 book of the same title. Rights to the book were purchased by Virgin in 2012, and studios are casting the roles of Mick Jagger and Keith Richards right now.While Exile probably won’t be released until 2017, it’s interesting to think about how such an iconic album was created. With tracks like “Sweet Virginia,” “Tumblin’ Dice,” “Lovin’ Cup” and more, there’s no shortage of great music to choose from for the Exile On Main Street film.[H/T Deadline]
It’s hard to believe that Phish‘s 13-night run at Madison Square Garden is actually coming near an end. The triumphant Baker’s Dozen has been a truly legendary task by the Vermont-bred foursome, and their execution has been mind-blowing to new extents. With each night bringing a new donut flavor, and therefore a theme for each setlist to conform to, the band has reached new heights of creativity, improvisation, and mastery with their no-repeat streak. This all makes Sunday’s show the most sought out of them all, as it will conclude their record-breaking performances on a day of the week notorious for specialty shows. Fans who are shut out of the Garden will inevitably be searching for ways to feast their ears on Sunday night’s show.SiriusXM Jam_On has announced that they will be live streaming Sunday night’s Phish show. Tune in to channel 29 to listen to crisp audio of the full show, starting around 8:00PM EST. Glaze On![cover photo by Dave DeCrescente]
Yesterday, we posted about the Vulfpeck Christmas jingle “Santa Baby”. A truly Vulfian take on the holiday classic, the band described the tune as: “woody goss playing rhodes by ur fireplace making casual conversation with ur mishpacha.” Well someone one-upped the magic on this tune and applied a few verses from Rap-favorites Busta Rhymes, Method Man, Gucci Mane, and Q-Tip to the otherwise seasonally appropriate funk anthem.While the original song could be brought home to the family dinner table, this version is most definitely meant for the after party. Thanks to Gabe Yamartino for the entertainment.Enjoy:For comparison, and for joy, listen to the original:Mixing hip-hop with Vulfpeck is not anything new, however. Check out this mash-up of Vulfpeck’s “Wait for the Moment” and Chance The Rapper‘s “Sunday Candy”. Someone else made a whole playlist of hip-hop mash-ups with the luscious grooves of le Vulf fronted by the voices of Kendrick Lamar, Kanye West, Chance the Rapper, Biggie, Jay-Z, and many more. Entertainment is an understatement.If you haven’t already, check out this interview with Woody about all things birdwatching, burritos, and space.
Body cameras have been in the news this week with big stories in the Los Angeles Times and Wall Street Journal, and the cost of storage has been a big a part of the story. I have met with many different customers around evidence storage and the long term costs associated and I often hear that they are “going cloud” because they believe it is less expensive than on-premises storage. Cloud is without a doubt changing the landscape for our apps at home, on our phones, and in the enterprise. There are a lot of situations where cloud is the right choice. Cloud for evidence is more nuanced than lets say, deploying Office 365. Evidence data grows every year and sits unused for most of its lifetime. Evidence video has a shelf life of 3, 5 , or even 20 years or more in some cases. When storing that much data and for that long of a time, you have to think beyond the first 5 years. One of the most common offers I encounter when talking to customers is the “unlimited” per camera plan for body camera storage. This plan sounds like a great deal up front, but when you dig deeper, you quickly find that it is a much more expensive alternative to storing evidence in your datacenter.Lets look at one example of a small city in California. The City of Alameda purchased software and cloud storage for 80 body cameras for $425,000 for 5 years. Each year Alameda will be on the hook to pay $63,000 forever to maintain their body camera video in the cloud.“80 Cameras for $63,000/year FOREVERShareThat is a lot of money for 80 cameras. Imagine if they had 1,000 cameras or even 10,000 cameras. This is the fundamental issue with the currently available cloud offers for body cameras. You are not getting any of the advantages of cloud and you are left with a bill that is too costly for most police departments. Not to mention you are vendor locked-in and the cost to change vendors can be astronomical.Contrast this with a Public Safety Data Lake designed to store, manage and secure ALL your evidence data in an open platform that you own. A Public Safety Data Lake allows you to buy the storage you need when you need it. No long term overpriced contracts. It is open to any evidence you want to store and you are not stuck managing multiple storage platforms for your evidence data.“Join us at EMC World 2016 on Tuesday May 3 @ 1:30 PM to learn more about how to turn your Evidence and Surveillance data into a Data Lake.Share
Dell EMC offers a monthly series of Data Protection Support Newsletters for IDPA, PowerProtect DD (Data Domain), NetWorker and Avamar. These valuable resources provide key support updates and release details, the latest in service and support offerings, Technical Advisories, and Knowledge Base references. Each issue features trending Top Service Topics, including target codes, troubleshooting advice and solutions for common technical challenges.See the 2020 Monthly Newsletter Series below and download previous issues from the 2019, 2018 and 2017 archives.INTEGRATED DATA PROTECTION APPLIANCE (IDPA) Monthly Support NewslettersJanuary 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020 September 2020 October 2020December 2020 POWERPROTECT DD (DATA DOMAIN) Monthly Support NewslettersJanuary 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020 October 2020 December 2020 NETWORKER Monthly Support NewslettersJanuary 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020 October 2020December 2020 AVAMAR Monthly Support NewslettersJanuary 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020October 2020 December 2020
The US House on Tuesday passed a provision advocated by Rep. Peter Welch that would close the Reverse Morris Trust (RMT) tax loophole and save taxpayers $260 million. The loophole was used by Verizon to avoid federal taxes when it sold its northern New England landline operations to FairPoint Communications in 2008.By a vote of 246 to 178, the House approved the Small Business and Infrastructure Jobs Act (H.R. 4849). The legislation, which invests in local infrastructure projects and small business tax credits, is paid for in part by closing the RMT loophole. It incorporates a bill introduced by Welch and 21 other members of Congress this January (H.R. 4486), which focused on closing the RMT loophole.“This loophole is bad for taxpayers, bad for consumers and bad for workers. By closing it and investing the savings in job creation, hardworking Americans – not corporations – will benefit,” Welch said.Under the Reverse Morris Trust, a parent company can spin-off a subsidiary that merges into an unrelated company tax-free, so long as the shareholders of the parent company control more than 50 percent of the voting rights and economic value of the resulting merged company. In northern New England, Verizon reportedly avoided hundreds of millions in taxes when it spun-off its landline operations to FairPoint, leaving the latter with overwhelming debt.Currently, parent companies must pay taxes on gains from their subsidiaries if they receive cash payments, but not if they receive payments in the form of debt securities. H.R. 4849 changes the tax code so that debt securities paid to a parent company are taxed the same way as cash payments, removing the incentive to leave a subsidiary saddled with debt.In addition to closing the RMT loophole, H.R. 4849 would:· Extend the Build America Bonds program to make it cheaper for state and local governments to finance the rebuilding of schools, sewers, hospitals and transit projects.· Exclude small businesses from capital gains· Increase the tax deduction for start-up expenditures to encourage the formation of new small businesses.Source: Welch’s office. 3.24.2010.# # #
Estates, houses, apartments, vehicles and businesses were among the assets belonging to the late Gonzalo Rodríguez Gacha, aka “The Mexican,” one of the most powerful drug traffickers from the Medellín cartel. Today, his estate belongs to the Colombian government after being seized under extinction of dominion. Colombian law defines the extinction of dominion over assets as the loss of rights to an asset, which is handed over to the state through a legal process with complete disregard to the owner. It is applied when assets are acquired directly or indirectly from criminal activity. The law was created in 1996 and modified in 2002. “It is an absolutely necessary instrument; it provides the ability to seize assets from drug trafficking and the mafia,” said Luis Camilo Osorio Isaza, Colombia’s ambassador to Mexico, during the Interactive Seminar on Information Technology in Mexico in March 2009. According to Colombia’s Office of the Attorney General in April 2004, 118 of the 270 assets seized from Rodríguez and his immediate family fell under extinction of dominion. In addition to 114 properties and public transportation vehicles, stock in the Club Los Millonarios (Millionaires Club) soccer team, airplanes, livestock and company investments were also seized. In August 2009, Caracol Radio reported that 116 of Rodríguez’s assets — which changed ownership on several occasions — were seized under extinction of dominion. The assets are managed throughout the legal process, and once the legal proceedings are done and the assets forfeited, they are then sold. The money is channeled through the Fund for Rehabilitation, Social Investment and Fight Against Organized Crime, which finances social-interest housing for those displaced by violence. It is also invested in equipment and technical enhancement for the fight against drugs and the construction of maximum security prisons. Between 1991 and mid-2009, the National Narcotics Directorate, or DNE — an organization that managed seizures, among other things — received 72,000 assets, 10 percent of which fell under extinction of dominion. Some people believe this new legislation can be detrimental to citizens’ rights, specifically regarding property. “As with other measures taken under the pressures of the fight against drug trafficking, authorities could abuse this law to seize the assets of undesirable persons, even if they aren’t criminals,” Ramiro Bautista, a legal expert at the National Autonomous University in Mexico, told Buzos. The law could also become clouded if asset management is not handled with transparency. Peru also followed in the footsteps of the Colombian legislation. Its version is known as the loss of dominion law, which took effect in March 2008. Peru had 45,000 cases of dominion loss, according to the attorney general’s anti-drug office. Before this law existed, seized assets were passed along to charities, but various government sectors demanded the auctioning of the properties instead. The law stipulates a period of 90 days in which to auction the seized assets once they are declared dominion of the state. This income is assigned as follows: 45 percent goes to construction of prisons, 25 percent to the implementation of the new Code of Criminal Procedure, 15 percent to administration and the remaining 15 percent as a fund in case the assets must be returned. Some sectors, however, have already requested changes to the legislation. Rómulo Pizarro, director of the National Commission for Development and Life Without Drugs, asked that crimes such as corruption and environmental offenses be included. In addition, he asked that a portion of that income be designated toward the fight against drugs. Seeking Regulations A large portion of these assets comes from drug traffickers, which, according to Colombian President Álvaro Uribe, is a reason this law has impeded territorial takeovers. Criminals are not the only people affected by this law. Some people have been impacted by it after acquiring property that had been obtained illegally in the past. For example Farmacoop, formerly Kressford Laboratories, a manufacturer of pharmaceuticals, was sold to its employees in 1998. But that business used to operate as a front for the drug trafficking brothers Miguel and Gilberto Rodríguez Orejuela and therefore, in 2004, it was seized under the extinction of dominion law and placed under the supervision of the DNE. Extinction of dominion has not been a flawless process. The DNE was accused of corruption in its management of certain seizures, and the case is under investigation. As a result of the accusation, the DNE was forced to undergo a restructuring process. The seized assets are now managed by a new company called Special Assets Society, under the supervision of the Ministry of Finance and Public Credit. Its board of directors will consist of business people with vast experience in the private sector. The seized inventory includes all kinds of hard-to-sell mafia extravagances — luxury cars, commercial planes, recreational property, zoos, designer shoes, Santería dolls — which has made asset management more complex. According to Semana magazine, one of the assets that’s been under the state’s possession for the longest time is a house belonging to “The Mexican” valued at more than $6.5 million. The house, located in an exclusive spot north of Bogotá, was looted by criminals searching for hidden money. The city’s land-use planning office, which dictates urban regulations, now only allows for an embassy to operate in that location. The Law Crosses Borders By Dialogo January 01, 2010 The Colombian extinction of dominion law has become a legislative model for other governments. Flavio Mirella, a representative of the U.N. Office on Drugs and Crime for Peru and Ecuador, believes the extinction of dominion law is a legal instrument being enforced successfully in several countries to combat asset laundering and to finance anti-drug trafficking initiatives. “You have to hit the drug traffickers where it hurts most: their pockets,” Mirella said to Peru’s Inforegion news agency. Mexico City adopted its own version of the Colombian extinction of dominion law on March 9, 2009. The legal proceedings are what set them apart. In Mexico, it is a civil action brought before a specialized judge, while in Colombia, it is brought before the country’s attorney general and a criminal judge. “Due to the [previous] lack of an extinction of dominion law, it has been possible for drug traffickers or kidnappers to recover a good portion of the assets obtained by the police and the public, federal and state ministries,” Andrés Lozano, secretary of the public safety commission of the Mexican Chamber of Deputies, told Buzos magazine. One month after Mexico City’s law took effect, the first extinction of dominion lawsuit surfaced: Mexico City’s Hotel Madrid was seized by authorities based on allegations it had been used for human trafficking, according to Mexico’s Radio Trece news. On Aug. 28, the extinction of dominion law went into effect for the entire country. Other Latin American countries are seeking legislation allowing them access to illicit assets. Ecuadoran legislators are analyzing an extinction of dominion bill. “We are all aware that Ecuador needs a law to fight corruption with regard to assets and ill-gotten fortunes and that we ought to commit more citizens to this fight,” said Fernando Cordero, president of the Legislative and Fiscal Commission, to the national newspaper El Comercio. Ratifying this law is important, according to Domingo Paredes, executive secretary of the National Council on the Control of Narcotic Drugs and Psychotropic Substances, an entity that looks after the assets seized from drug trafficking. Otherwise, the country could remain a “paradise for illicit investments” for asset laundering, Paredes said to daily national newspaper El Telégrafo. In Honduras, the courts must wait to sentence a defendant before the state can make use of the assets. It is a limiting factor in attacking these criminal organizations head on. For this reason, the public prosecutor’s Office on Organized Crime in Honduras presented a privation or loss of asset dominion bill, which is under review in the National Congress, according to El Heraldo newspaper. If the law is approved, the criminal trial and a ruling to determine the loss of the assets will be carried out simultaneously. Guatemala’s extinction of dominion bill would be one of the fiscal reform strategies aiming to combat the tax decline in the country. President Álvaro Colom is one of the supporters, due to the economic advantages the regulation would present for the country. Only the Judicial Branch presently has access to confiscated narcotrafficking assets. Mariano Rayo, one of the representatives supporting the bill, told Guatemalan newspaper Prensa Libre that the law is vital. “For a successful strategy to combat drugs, it is necessary to intercept the trafficking and growing of drugs and … to remove the incentive, the money and the assets from organized crime.”
3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr As Credit Unions grow, staffing tends to expand along with the assets, and this can sometimes lead to a counter-intuitive segregation of duties. We’ve seen CUs where digital responsibilities were grouped with mobile banking staff, outside of marketing or communication departments. We’ve also seen CUs with too many staff in the mix, leading to a lack of a clear chain-of-command and thus failing to adequately follow-up on what is or is NOT being accomplished.Unfortunately, there’s no template for how a Credit Union SHOULD be organized, but with greater number and specialization of staff comes the potential for inefficiency and decentralization of responsibilities. Both of these can lead to larger marketing and sales campaigns that are disjointed and lack clear implementation.Further, CUs often grow based on the skill sets of existing employees. They don’t always hire from outside the Credit Union unless someone leaves the organization. This can leave a Credit Union with a lack of technical expertise in areas of innovation or change. continue reading »
7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr My oldest daughter and I recently auditioned for The Amazing Race at one of their casting calls. For those of you not into reality TV, The Amazing Race is a show where teams of two compete by racing around the world performing various tasks and challenges. While the audition was a total blast (and hopefully one day we’ll get the opportunity to compete), the show itself reminded me of several branding lessons.When it comes to building a successful brand at your credit union or bank, remember these Amazing Race principles:Think fast—In our tryout we had 90 seconds to tell the producers our story and why we would be perfect for their show. That’s not a ton of time at all. And when it comes to your financial institution’s story, you also don’t have much time to tell it. What is your unique selling/value proposition to consumers? Why should they choose your financial institution over all the others that are out there? You have to be able to answer those questions quickly (try about 30 seconds or less) and uniquely. When the cameras turned on, Elizabeth and I had to give a compelling short story and when consumers turn to you, your financial institution has to give quick answers for how you can help consumers achieve their financial goals.Involve a team—The Amazing Race is not like Survivor, where you compete as an individual. Rather teams of two run around the world. When it comes to running your brand, you can’t do it in a silo or a vacuum. It will take a total team approach. We remind our branding clients regularly, that great brands are built by people: by visionary leaders, by engaged employees and by loyal consumers. Your brand will not succeed without everyone working together to make it a success. Elizabeth and I made the audition a team effort rather than the “Mark Show” and you have to make your brand about others and not just marketing. continue reading »
10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » The Consumer Financial Protection Bureau’s remittance transfer exception is too low and unintentionally harming consumers by forcing providers out of the market, CUNA wrote to the bureau Friday. The letter was sent in response to the CFPB’s review of its remittance assessment.“We believe the rule has also clearly resulted in unintended harm to consumers,” the letter reads. “The harm is generally in the form of decreased availability of remittance services and/or increased prices where such services are available. The price increase is due in part to an increase in compliance costs under the current rule as well as a decrease in competition among remittance transfer providers.“Competition has decreased because of providers intentionally limiting remittance transfers to remain below the safe harbor threshold as well as former providers exiting the remittance market entirely because of its failure to remain economically viable,” the letter adds.CUNA called for CFPB to raise the safe harbor threshold to entities providing at least 1,000 remittances annually, up from the current 100.