Securus has always attempted to demonstrate the highest levels of integrity in the industry of in the field of criminal justice technology solutions. They recently announced they will be publicly highlighting additional reports from the company GTL in order to to possibly make them behave with more integrity.
This is to be the first in a series of articles that will highlight some of the wrongdoing that GTL has administered. They will help the public by making them aware of some of the many integrity breaches GTL has done.
“I love our industry – serving law enforcement, corrections, inmates, friends/family members, and all of society,” said Richard A. (“Rick”) Smith, Chief Executive Officer of Securus Technologies. “It offends me and our entire industry when a carrier stoops well below the integrity bar that most other carriers have – but GTL does not. Our business’ mission is a lot more than making money. It is to serve all of our customers with their best interests at heart – in the right way.”
The company plans to issue a number of press releases over the next six months that will document some of the abuses GTL did. They will also look at some of the cases brought before the Louisiana Public Service Commission as well, including the following:
Granted, the order by the PSC was dated from January 1998, so that is quite a long time ago. However, according to Securus the potential for wrongdoing continues, so they will still be making their case that Global Tel Link (GTL) should be more accountable for their actions.
The city of Baltimore has long wanted to increase the rate of home ownership within the city. The current percentage of people who own a home in the city stands at about 48%. Kevin Seawright and his company RPS Solutions seek to change that reality, and bring up the rate to the state average.
Joint Venture to Better the City
The joint venture was founded in 2015, with the goal of increasing the amount of homeowners in Baltimore and its surrounding suburbs. The company constructs and renovates affordable homes, and assists potential homebuyers by managing their assets and helping them connect with mortgage lenders.
The company has been met with success and has been able to add homeowners to a variety of Baltimore neighborhoods. Recently, they have started to fill the Belvedere Square neighborhood and their success has been documented by a variety of news outlets. T
By helping people become homeowners, the company hopes to rejuvenate the city and its surrounding suburbs by repopulating old areas and helping people build up their wealth. This new wealth will in turn help grow the communities they live in and to a greater extent Baltimore itself.
Seawright is a financial professional that works mainly in the public sector to improve communities across the East Coast. He gained his Masters of Accounting from Almeda University and has also participated in leadership programs hosted by the Notre Dame Mendoza School of Business.
He has been heavily involved in local government and has been assigned to many roles throughout his 13-year career. Seawright has saved more than $100,00 for the local city government through the development of a new accounting system, and has held the positions of Chief Financial and Facilities Officer for the Department of Recreation and Parts and also as the Deputy Chief Operating Officer in the education sector.
Other than working on RPS Solutions, Seawright is currently part of the Newark Economic Development Corporation, an organization that focuses on retaining, attracting, and growing local businesses. On his free time, he is a coach for a local youth team and is a member of the American Society for Public Administration.
Everyone loves to make a little extra money. Homeowners and even apartment renters are exploring their options with AirBNB. AirBNB provides a seemingly fantastic option. A homeowner who has vacant rooms available can rent them out. AirBNB is an online venue that handles the bookings and takes the payments. The bookings could be daily, weekly, or monthly. Some may choose to charge very low rates to draw in interested renters. Others may charge very high rates and reap the rewards of the bookings. Is all this a good idea though? Richard Blair of Wealth Solutions doesn’t think so. In fact, he wrote an article on many of the drawbacks with using AirBNB. These drawbacks can be quite significant.
Blair points out there are a great many risks associated with renting out a room. A renter could end up getting hurt on the property or causing damage. In short, there are liabilities that might come into play and do so in a disastrous manner.
The question of liability leads into the next issue of insurance. A new insurance policy may be required in order to cover the newly commercial use of the property. A non-commercial insurance policy could leave someone in a terrible spot if the policy is voided.
And then there is the unknown associated with the mysterious renters. The person could be involved with criminal activities and bring those problems into a short-term property. The landlord never knows what is going to happen until it is too late.
AirBNB does provide a level of protection, but the deals the service offers are inadequate. AirBNB might seem like a great thing when looking at the service on a computer screen. Closer inspections shows numerous trouble spots exist with the service.
Richard Blair absolutely knows matters related to finance and business. He runs Wealth Solutions, Inc. and has previously been affiliated with insurance and securities endeavors. Financial planning is one area of his areas of expertise. Financial planning often entails telling people to avoid bad investments and business ventures. Based on Blair’s assessments, renting through AirBNB does not seem like anything close to a good financial endeavor.
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Kyle Bass, the former Wall Street executive, turned financial prophet never misses an opportunity to talk about investing and any other topic that is brought up by the media. Bass is known for his unusual style and his provocative relationships with foreign heads of state and unsavory investment partners. Bass and his hedge fund firm, Hayman Capital, have made an extraordinary amount of money over the last eight years, but it seems the money tree may not be bearing as much fruit as it did eight years ago.
Bass made a name for himself in the investment industry when he accurately predicted the implosion of the subprime mortgage game. Bass, left his position at Bear Stearns in 2006 and started Hayman Capital in order to bet against the company he worked for as well as for the industry that made him. Bass made a fortune when the market crashed in 2008, and his investment firm became the talk of the industry. Bass liked the attention, and he became one of the men in the hedge fund industry that people wanted to follow. But Bass is not the type of guy that plays by the book, according to some of those followers.
Bass found himself on the hot seat when he back Argentina’s former President Cristina Fernández de Kirchner when she defaulted on $95 billion in bonds. Several hedge funds were caught in that debacle and rather than siding with Paul Singer and other hedge fund managers, Bass took de Kirchner’s side.
The list of Bass blunders keeps growing. Chris Kyle’s widow is claiming Hayman Capital is unethical, and that notion is filtering around the pharmaceutical industry as well. Bass is shorting drug stocks before the news that they are being investigated for overcharging the public for certain medications. Kyle’s friend Erich Spangenberg is the guy that brings up the charges and Bass acts when he gets a signal from Spangenberg. Ethics seems to be a vacillating term with Bass these days, but he is still talking, and some folks are still listening.
Goettl Air Conditioning, that is Las-Vegas based, has advised the valley residents that they should plan ahead in keeping their pets safe during the summer, a few helpful tips include keeping paws off of pavement, get groomed, it’s screen time, splish-splash, make way for water, garage dangers. It is important to keep pets pays off of payment as asphalt, cement and even some truck beds can be much hotter then it looks, and this can result in burning pets paws. It is also important to get pets groomed in order to provide temperature relation and better circulation.
And also to apply pet-friendly sunscreen, especially for dogs with light colored coats, or with short hair. Doggie pools are an effective way to let your pets play and stay cool all in one. It is important that pets have cool and fresh water, as well as shady places. And during the summer the heat can cause antifreeze leaks in overheating cares, which can leave sweet-tasting puddles that could harm pets, so it is important to keep pets away from this. Goettl Air Conditioning originally was created by Adam and Gust Goettl in 1939, before in 1968, when it came to the Las Vegas Valley. The company left it’s location in Southern Nevada following the recession in 2007.
The Arizona company was
purchased by Ken Goodrich in 2013, and in April of 2016, it opened the branch office in Las Vegas, it being his hometown. This was important to him since it was where his passion and love of the Goettl product began. In his early life, at 10 years of age, on his father’s evening service calls, he would hold the flashlight. As his father performed his work, he would impart wisdom and knowledge that would be important to Goodrich for the rest of his life.
Some areas of Goettl Air Conditioning, that they strive to particularly focus on is Heating, Air Conditioning, Indoor Air Quality, Commercial HVAC and Energy Efficiency. The staff at Goettl Air Conditioning take pride that their technicians, as well as the staff will exceed all expectations that their customers have in everything that they do. The offer the full gamut when it comes to commercial and home comfort services within the Phoenix are, this includes everything from heat pumps, central air units, air cleaners, ductless mini splits, UV germicidal lights, humidifiers, radiant heating systems and furnaces, and a number of other services. Whether the customer’s indoor air quality is less pleasant or they are looking for a completely new AC unit, Goettl Air Conditioning is ready to take on the job.
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Former Juniper Networks CEO Shygan Kheradpir has taken over as the new CEO and Chairman of optical technology giant Coriant. Coriant is an optical vendor with more than $1billion in annual revenues and about 500 customers. Shaygan will also succeed Pat DiPietro as the board chairman at Coriant. Mr Pat is making a comeback as an Operating Partner at Coriant’s owner, Marlin Equality Partners – the company that helped stitched up Coriant. In some ways, DiPietro and Shaygan will be swapping seats as Shaygan was recently working as an operating partner at Marlin as well. The Electrical Engineering PhD holder from Cornell University brings in an experience of over 28 years in executive leadership across technology, telecom and financial services to Coriant.
Shaygan Kheradpir grew up and lived in Sillicon Valley, an area famously known for kids dropping out of school especially at the college level to start businesses. However, Shaygan took a different path and finished school eventually earning a PhD in Electrical Engineering. Shaygan began his executive carrier as an executive with GTE Corp. He then moved to Verizon Communications as the executive vice president and chief information officer of the company. At Verizon, Shaygan was a key figure in helping the communication giant roll out its FiOS FTTH services, a program which demanded an inclusion of a capital investment of over $20 billion. After working as the Verizon CIO, Shaygan moved to Barclays PLC as the Chief Operations and Technology Officer. Previously, Shaygan was the CEO of Juniper Networks.
Coriant, an optical vender that was created out of the combination of Tellabs, Nokia Siemens Networks (MSN) Optical Networks and Sycamore Networks, is facing a lot of challengers from competitors such as Cisco, Alacaterl-Lucent, Ciena and Infinera. Shaygan will be faced with an uphill task of surging the company’s revenues with a reported decline in 2014 revenues as compared to growth recorded by most of its competitors.
As the new CEO, his key tasks will be to drive new and more sales to Coriant’s equipment. There has been a huge demand for service providers such as Coriant to deliver 100G to multi-terabit coherent metro and long haul transport systems. This is besides demands in mobile backhaul upgrades in the new 4G and upcoming 5G deployments. He has the advantage of stepping in a predecessor’s shoes who had led the company in winning lucrative deals with international carriers such as Australia’s NBN, China Unicom, NBN and Telia Sonera International Carrier (TSIC).
According to LightReading.com, DiPietro is quoted as saying that Coriant is honoured to welcome Shaygan as the new Coriant CEO. The article further quotes DiPietro acknowledging Shaygan’s vast strategic insight and guidance as an invaluable employee from his role as a partner at Marlin. Another plus on Shaygan is that he has previously been working as an Operating Partner at Marlin Equity Partners. Working closely with the senior management team at Coriant means he will not be walking to the vendor blindly.
Investment banking involves assisting individuals, government and corporations in several financial activities. The activities that an investment bank participates in raising capital by underwriting and issuing securities, provision of advice, market making and help in maximizing revenue, assistance in large and complicated financial transactions.
Is there any need to involve an investment bank?
Yes, one most important activity that these kinds of banks do is analyzing the market and giving the clients the best advice with consideration of the present state of global economic affairs. The investment bankers offer advice to insurance companies, mutual funds, unit trusts, hedge funds and private equity funds. During mergers and acquisitions or sales, the information may involve knowing the worth of a company and assisting in structuring a deal. They are also aware of the trends and thus, advise clients on the best way to plan development. They analyze credit risks such as bond issuance and loan syndication.
An investment bank is actively involved in trading securities for cash or other securities. The finances raised may be used for growth of the business and as capital. The investment bankers create documentation for Securities and Exchange Commission to companies that want to go public. Who are investment bankers? They are experts who work in investment banks and are involved in risk management, corporate strategy, technology, compliance, operations, financial control and technology. Martin Lustgarten is a successful investment banker who is a believer in international investments.
Martin Lustgarten’s success in investment banking.
As highlighted above, investment banking involves a lot of hard work and research and being ahead with what is trending in the economic world. Martin does research and spots trends before they start and this has helped him build a reputation as an investment banker and venture capitalist. He is currently working as a managing director at Henlux Inc where he is involved in managing and directing the daily operations of the company.
Martin Lustgarten has worked as cash and investment manager at Cisneros group of companies. He has managed and formed businesses in Hongkong, Venezuela, Panama and Singapore. Martin is a philanthropist and an entrepreneur who spreads his wealth in different countries. He acquired a Bachelors Degree in Engineering from Universidad Metropolitana. The successful investment banker is a citizen of Austria and Venezuela.
I have been looking into Securus Technologies for some time, and I believe they have always acted with a high level of integrity. This makes sense to me since they are a leading provider of civil and criminal justice technology to everything from public safety, investigations, and correctional facilities. If there ever was a company more closely related to the law, it is Securus Technologies.
Well according to PR Newswire, Securus plans to release some important findings that highlights integrity issues, which was done by Global Tel Link or GTL. This will be in conjunction with a Louisiana Public Service Commission Investigation of GTL wrongdoing that was released back in January 21, 1998.
Get the latest news on Linkedin about Securus.
The investigation has been going on for years, but it is one that I have been keeping up with, so it is great to see that a company that I have been paying attention to is doing their part. It seems, according to a press release, this release of information will just be the first of many documents that prove GTL’s wrongdoings. The wrongdoings include overcharging customers, deliberately adding seconds to a call that were not used, and double billing. These practices are unlawful and disgraceful, which really put a bad name in the inmate communication industry. In fact, the Securus America‘s Chief Executive Officer (Richard A. Smith) said that he felt offended to find out all this information that continues to incriminate GTL more and more.
You could really tell that Securus Technologies, and the whole team, are really compassionate about the way that both inmates and their families are treated. I do hope that they can do everything possible to ensure that these kinds of practices are not done again. I am sure families and inmates are going to be more than happy to learn that Securus has their back.
Making extra money is a common theme among adults in all stages of life. The connectedness that the Internet provides can make it easier to amass savings or vacation money, but there are also risks involved.
One of the more popular and well known Internet entrepreneurial opportunity is Airbnb. It can be so easy. Post that spare room as a lodging option for travelers. Clean the sheets, put a mint on the pillow, and earn a little extra money.
Although Airbnb is easy enough to set up, renters and tenants create a risk simply by being on your property. If they get injured during their stay, you are potentially liable. Not only can you be liable for guest’s injuries but for any damage that may be done to surrounding properties, theft and other illegal activities. Not to mention, most homeowner’s insurance policies don’t cover short-term rentals so if guests damage your property the expense to fix it is all yours. Airbnb does offer coverage, but because it’s secondary coverage you have to try every other avenue first.
There may be risks, but Airbnb can be a fun way to make a little extra cash. You get to play hotel manager for a weekend or so, and you can meet some really interesting people. If you decide to take the rewards over the risks it’s a good idea to at least prepare yourself for possible issues. Speaking with a qualified insurance professional or investment expert is a great way to cover your bases. http://hackronym.com/wealth-solutions-insurance-and-other-considerations-when-renting-on-airbnb/
Richard Dwayne Blair is the creator of Wealth Solutions, Inc. He enjoys helping clients meet their financial goals, and he can help you decide if Airbnb is a smart option for you. Blair can also help you look at other investment opportunities so you can keep building your extra cash stash.
Blair and Wealth Solutions, Inc. offer many services to jumpstart your investment plan. Blair has expertise in estate tax and planning, integrated financial planning, securities, asset protection, insurance, employee benefits, and more. Blair knows that financial planning is like a full-time job. It involves extensive research and an understanding of the market. Blair, with Wealth Solutions, will help clients with his understanding so clients can commit to doing a little less work toward their investment plan.
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