March 8, 2021 /Sports News – Local Dixie State Football Standouts Earn FCS Honors Monday FacebookTwitterLinkedInEmailST. GEORGE, Utah-Monday, Dixie State junior linebacker Malaki Malaki and freshman tailback Quali Conley were named to the Stat Perform Week 4 NCAA FCS Player of the Week honorable mention lists for their performances in the Trailblazers’ 35-29 loss to New Mexico State at El Paso, Texas Sunday.Malaki tied an NCAA-era program record with 19 tackles, including nine solo stops against the Aggies. The native of Leone, American Samoa also netted 2.5 tackles for a loss and a forced fumble.Conley posted 179 yards of total offense and posted a pair of touchdowns for Dixie State in the loss.The Trailblazers’ season continues Saturday as they commence their home season at Greater Zion Stadium by hosting Tarleton State. Written by Brad James
Back to overview,Home naval-today Russian Defense Ministry, USC to Sign Borei Contract May 24, 2012 View post tag: contract Russian Defense Ministry and United Shipbuilding Corporation (USC) will sign a contract on Project…(rusnavy)[mappress]Source: Russian Navy, May 24, 2012; Image: flot2017 View post tag: Russian View post tag: Defense View post tag: Ministry Industry news View post tag: Borei View post tag: Naval View post tag: sign View post tag: News by topic Russian Defense Ministry, USC to Sign Borei Contract View post tag: USC View post tag: Navy Share this article
The Division of Genetics and Metabolism at the Department ofPediatrics at University of Florida is inviting candidates at thenon-tenure rank of Clinical Assistant, Associate, or Full Professorto apply for our clinical geneticist faculty position.The Division of Genetics and Metabolism provides comprehensiveclinical care and diagnostic genetics services to pediatricpatients referred for the evaluation of genetic disorders. Thedivision’s mission is to effectively teach medical genetics tostudents and residents at all levels of their training, and toconduct clinical and molecular-based genetics research and expertclinical care.The Department of Pediatrics at the University of Florida—Collegeof Medicine is the premier academic medical center for children innorthern Florida, and hosts a broad range of NIH-funded biomedicalscientists and clinical researchers who benefit from robustinstitutional support. There is an abundance of researchopportunities and possibilities for collaboration throughout theuniversity.Gainesville is a charming city and home to the University ofFlorida. The area is known for its natural beauty, with manysprings, lakes and rivers. The mild climate encourages outdooractivities and residents enjoy swimming, boating, fishing,bicycling and camping. Culturally, the city is enriched by theinfluence of the university. The population of Gainesville isapproximately 111,000 with a surrounding population of 220,000. Wehave a diverse culture, excellent public schools, low cost ofliving and no state income tax. For the past 8 years, Gainesvillehas been voted among the Top 12 “Most Livable Cities in the Nation”by Money Magazine.Candidates must have an MD or MD/PhD, be board certified inpediatrics and be board certified or board eligible by the AmericanBoard of Medical Genetics and Genomics.Applications should include a cover letter, curriculum vitae, andthree letters of recommendation.Review of applications will begin immediately and will continueuntil the position is filled.Selected candidate will be required to provide an officialtranscript to the hiring department upon hire. A transcript willnot be considered “official” if a designation of “Issued toStudent” is visible. Degrees earned from an education institutionoutside of the United States are required to be evaluated by aprofessional credentialing service provider approval by NationalAssociation of Credential Evaluation Services (NACES), which can befound at http://naces.org/ .If an accommodation due to a disability is needed to apply for thisposition, please call 352-392-2477 or the Florida Relay System at800-955-8771 (TDD). Hiring is contingent upon eligibility to workin the US. Searches are conducted in accordance with Florida’sSunshine Law.This position was originally posted under requisition # 497367.Previous applicants are still being considered and need notreapply.#medicine=35The University of Florida is committed to non-discrimination withrespect to race, creed, color, religion, age, disability, sex,sexual orientation, gender identity and expression, marital status,national origin, political opinions or affiliations, geneticinformation and veteran status in all aspects of employmentincluding recruitment, hiring, promotions, transfers, discipline,terminations, wage and salary administration, benefits, andtraining.
FacebookTwitterCopy LinkEmail Indiana Part Of National “Sweep” To Halt Robocall OperationsINDIANAPOLIS, Ind. – Indiana Attorney General Greg Zoeller is suing a Florida-based company, Am-Med Diabetic Supplies, Inc., for allegedly violating Indiana’s Do Not Call laws by making more than 55,000 illegal robocalls to Hoosiers.According to the Attorney General’s lawsuit, the company – also doing business as Beyond Medical USA – made more than 55,000 illegal robocalls to Indiana residents offering diabetic supplies, called more than 25,000 people whose numbers were registered on Indiana’s Do Not Call list, and failed to disclose the true identity of the caller or company when contacting Hoosiers.The AG’s Office received six consumer complaints about the company, which launched the investigation and uncovered the thousands of calls that were made.“Hoosiers are beyond frustrated that they continue to be harassed by unwanted calls, and it’s only getting worse as automated robocalls can be made easier and faster, at a rate of thousands of calls per minute,” Zoeller said. “Though many scam callers are overseas and can easily evade detection, I am focused on stopping Do Not Call violators that blatantly disregard our laws and add to this annoyance and intrusion.”Zoeller’s office is suing the company for violating Indiana’s telephone privacy laws. The lawsuit, filed in Marion County court, seeks civil penalties of up to $25,000 for each wrongful call.Also this week, Indiana joined 10 states, the Federal Trade Commission (FTC), the U.S. Department of Justice and several other law enforcement entities as part of a national “sweep” to halt robocall operations.Since January 2015, 39 actions have been taken by these agencies to prosecute violators of state and national telephone privacy laws. Through these collaborative enforcement efforts, these agencies have put an end to operations estimated to have made billions of robocalls.In addition to the Am-Med Diabetic Supplies, Inc. lawsuit, Zoeller’s office sued or received court judgments in four other cases for robocall violations since 2015.Lawsuit against CallSocket, LP; CallSocket, LLC; Ultimate Tubs, LLC; Hydrant Media, LLC for making alleged illegal calls offering walk-in bathtubs.Default judgment obtained against Jerome Edmond for making illegal robocalls to sell home security systems and for impersonating ADT home security systems representatives.Default judgment obtained against Wayne Walton and Space Coast Holdings for making illegal robocalls offering home security systems.Settlement agreement reached with Caribbean Cruise Line, Inc., Linked Service Solutions, LLC, Economic Strategy, LLC, Scott Broomfield, Jason Birkett and Jacob DeJongh for allegedly making political survey calls which were thinly disguised illegal robocalls offering cruises to the Bahamas.Unwanted calls and robocalls are the most common complaint received by the Indiana Attorney General’s Office, with more than 14,000 complaints received last year and complaints in 2016 arriving at a rate of more than 50 complaints per day.Zoeller reminded Indiana residents to sign up for Indiana’s Do Not Call list, which helps to deter unwanted sales calls and text messages, by visiting www.IndianaConsumer.com or calling 1.888.834.9969.Additionally, Zoeller urged Hoosiers to take advantage of available call-blocking options to help stop scam calls. The Attorney General’s Office created a call-blocking reference sheet to inform the public about available options and encourage development of new options. The FTC also shares call-blocking tips here.People who receive an unwanted call can file a complaint by visiting www.IndianaConsumer.com or calling 1.888.834.9969.Zoeller thanked Deputy Attorney General Ernani Magalhaes for his work on this case.
Erica Schmidt, formerly Director of Development for Ivy Tech Foundation Southwest, has been named the interim Executive Director for Resource Development for the Foundation. She replaces Ayana Blair, who has been named director of resource development for the United Way of Southwest Indiana.Schmidt holds a Master of Arts degree in communication and a Bachelor of Science degree in communication studies from the University of Southern Indiana; and is currently studying Fundraising Management with the Lilly School of Philanthropy at Indiana University. In addition to her current director position, she has worked as an adjunct instructor in communication at USI and Ivy Tech.She has been employed with Ivy Tech since July 2014. Prior to Ivy Tech she served as the Community Outreach Liaison for St. Mary’s Medical Center.FacebookTwitterCopy LinkEmail
The Motet is in the midst of a big year in 2018. In addition to a slew of high-profile festival sets and more throughout the spring and summer, the Colorado-based funk outfit is fresh off their annual Red Rocks blowout and gearing up for the first-ever Motet festival, Motet On The Mesa, on July 27th and 28th.Set to take place at the scenic Taos Mesa Brewing Mothership in Taos, New Mexico—4 miles from both the Rio Grande Del Norte National Monument and the Stage Coach Hot Springs—the festival will see multiple sets by The Motet, as well as performances by Break Science, SunSquabi, The Suffers, TAUK, Organ Freeman, and Mama Magnolia.We caught both drummer/bandleader Dave Watts and vocalist Lyle Divinsky on the phone from Denver in the days following their Red Rocks show. Still buzzing from the memorable night—which Divinsky ranks among his favorite he’s played with the band—the two spoke candidly about Red Rocks, giving love to the 90’s, bananas smoking weed, prepping their new album and, of course, their excitement for Motet on the Mesa. Check out the conversation below:Andrew O’Brien: From the looks of your Red Rocks photos, you all put on one hell of a show out there. Can you tell me about it?Lyle Divinsky: It was amazing, man. It was a really, really special show. I can say from my end that it might have been my favorite Motet show I’ve ever played.Dave Watts: I’ve heard that from a few people, actually… We’re gonna release a bunch of videos from Red Rocks, some recap videos and stuff like that so people can relive the show that way. We’re probably gonna have some multi-track recordings of it, but really we just wanna get it out there for folks to hear.LD: These are gonna be cinema-quality videos. It’s the same dude that did the “Supernova” video last year, but this year he brought extra people, so rather than just him running it, he’s got the remote focus person, so he could go around with the camera and not have to worry it. For one of the instrumentals—actually, the percussion breakdown, Watts—I stepped offstage and was standing next to the dude who was doing the remote focus on the cameras…and it was insane, dude, it looked so good…DW: [excitedly] Really? Killer! He’s really good, Steve Conry from Cinesthetics…LD: So I’m so pumped to see these, it’s gonna be really special.Photo: Phierce Photo by Keith GrinerAO: The stage setup at Red Rocks looked new, with the whole big lighting rig and Dave up on the riser. Was that a new plot for you guys?DW: We’ve done risers in the past, but our configuration was a little different this year because we had Jason [Hann] (The String Cheese Incident) involved…LD: Jason and the backup singers. So being able to create, like, a pyramid stack was pretty awesome.AO: That seemed to really come across, at least in the photos I’ve seen. A lot of times, at a place like Red Rocks, where photographers want to capture the area around the show in addition to the show itself, you kind of lose the details a little because everyone’s so spread out…LD: It was really important for us to be close to each other. Like you were saying, at Red Rocks, it’s really easy to just be too spread out because the stage is so big, you feel like you have to make use of that. I feel like it was much more effective this year, the fact that we were right there with each other. It kind of created an aesthetic. For one, [lighting designer] Luke Stratton (Dopapod) is a lighting god, and the setup that he created, the design he put together, on top of the way that we created the stage plot… It felt so good onstage.Photo: Phierce Photo by Keith GrinerAO: Okay, this is important: whose idea was it to cover [Ginuwine’s] “Pony” at Red Rocks?DW: [laughs] Gettin’ credit for the ‘90s cover!LD: [laughs] I love this, because I feel like people probably would not have anticipated it. People probably are looking at me because I’m just, like, the champion of 90’s R&B. But….Dave. Watts. [all laugh] I still remember the day I got that email. He emailed me and said, “I’m thinking we should do something different…and crazy…”LD: “…What’d you think about Ginuwine, ‘Pony’?” And I was at my apartment, where I’m sitting right now…I jumped out of my seat and went “Yeaaaah!”DW: I think it was a good call.LD: My sister was sayin’ that the banana smoking weed that was dancing next to her started singing every single word [all laugh].AO: That sounds like a Red Rocks story if I’ve ever heard one.DW: Oh, yeah…LD: Yeah, definitely. This was my sister’s first time at Red Rocks, and her first time at a Denver-centric show. I was like, “How was the show, what was it like?” She was like “I danced with a banana smoking weed!” That was the first thing that she went for….a banana smoking weed.DW: [bursts out laughing] …a banana smoking weed.LD: But yea, Dave Watts is the doctor and the baker of the 90’s that we cooked up.DW: I only know a few ‘90’s cuts, and I owe it all to Lyle. He introduced me to all the choice ‘90’s cuts, and I just happened to throw that one out there.LD: I couldn’t be more proud of you, Dave [laughs].AO: You guys had [former trumpet player] Gabe Mervine back up there at Red Rocks, too. That must have been fun to get to play together again. Was that something that was pre-planned, or did it just happen naturally like so many of these things do?LD: It’s family, man.DW: We’ve had different players move on and they kind of just disappeared a little bit, but Gabe is still in the scene, he’s still playing with all the players. He’s still part of our community. So it’s kind of an easy fit for him to just jump up with us still.AO: Definitely. And it was cool to see the old guard and the new guard meet with both Gabe and [new trumpet player] Parris Fleming up there together.DW: Yea, it’s great. Parris is one of the most chill people I’ve ever met in my life.LD: Absolutely, just like a sea of chilled-out positivity.AO: I know you guys all share the songwriting duties. Has Parris gotten involved in that aspect of the Motet yet?DW: He’s still sort of stepping into that role. I think he’s been in the back a little witnessing how we go about the creative process, which is smart, so he can step in when need be. I think we have our first song coming up that he’s written a bunch of horn lines for, so we’re really excited about that.Photo: Phierce Photo by Keith GrinerAO: Parris is the “new guy” now, but the first time I talked to you back in 2016, you an [saxophonist] Drew Sayers had just joined up. I remember talking to [keyboardist] Joey [Porter] before Lyle’s first tour with the band, and he told me how you wrote lyrics for a few tracks before you guys had even met, and that sort of made it clear to everyone that you were the right guy to take over that role.LD: Yeah, both “The Truth” and “Fool No More” happened before I had met them in person. I was in the studio like less than two months after the first time I met these guys [laughs].AO: And now in the couple years since then, in your live show, those have developed into some of my favorite songs you play, more so every time. It’s wild to see how much those tracks, and your whole act, has really clicked and built up this great chemistry since then.LD: It’s like we’ve known each other forever, Watts.DW: Awww, man. That’s adorable… [all laugh]. There’re certain people that are cut from the same stone, you know? And when you find that, you know it. When we sent those tracks out to Lyle and he came back with those lyrics and those melodies. We completed the songs before we even met the guy, so it was clear that it made sense for us to be doing this together.AO: Your last album, Totem, came out in 2016. Since then, you’ve released a few new singles and just debuted a new one at Red Rocks, “Highly Compatible”. Whats the status on a new full-length Motet album?LD: It’s definite, baby.DW: Nowadays, you can release a track at a time. You don’t have to release the whole thing at once, which is great for us because then people get used to the music, they know the music. You do them gradually in the live show, and you don’t have to sort of hit people with all your new stuff all at once when they don’t any of the songs, you know?AO: Yeah, that can be overwhelming as a fan for sure…DW: So for us it’s great. We’ll put out probably four or five songs as singles before we actually release the record. It’ll probably be a ten-song album? Eleven-song album?LD: Yea, something like that. We’re catching a cool stride, though. It’s been interesting kinda doing it as a longer process like this as opposed to just going into the studio for a couple weeks. It’s been really fun. It’s been cool to take it slow and make a song at a time and be able to focus in like that.Photo: Phierce Photo by Keith GrinerAO: Looking ahead now, you guys have your first-ever festival coming up, Motet on the Mesa, at Taos Brewing in New Mexico. That looks like it’s gonna be a blast, congratulations on that. I’ve never been, but I hear fantastic things about that venue and just the area in general. LD: It’s a magical place.DW: Two nights in Taos, come on…LD: I don’t throw these words around, but it is just kind of a spiritual place. It’s desolately beautiful… Part of you feels like you’re in Mad Max, part of you feels like you’re in this desert wonderland… These Earthships are all around you, these houses that are kind of built into the ground. … It’s unlike any place you’ve ever been.Then the outdoor stage at Taos Brewing, I don’t know exactly what it’s made out of, but it’s made out of this, like, stone or clay dome. It’s crazy. The way that it’s shaped—Dave, I don’t know if you’ve checked this out—but if you stand in a certain place right outside of the brewery, like a couple hundred feet away, and talk into the stage at a normal volume, you can hear their voice because of the way that it acoustically travels.DW: Whaaat, that’s wild…Railroad Earth at a recent show at Taos Brewing Mothership; @musiconthemothershipLD: I feel like that’s sort of the vibe of the place. It’s these really kooky, crazy attributes about the area that make it that much more special and that much more unique.DW: That’s gonna be a fun gig, I think there are gonna be a lot of New Mexico freaks coming out. We did a show recently at [Santa Fe’s] Meow Wolf, and it was pretty cool [laughs]… Hopefully, we get a lot of those same folks coming out…LD: And I think a lot of the Colorado crushers are gonna come down, too. It’s such a family. The crew that we have going, the bands that we have, they’re such a cool family, man. And I’m really excited to see what happens with that.AO: It definitely is a super cool group of players you guys have coming down—Break Science, TAUK, SunSquabi, The Suffers, Organ Freeman, Mama Magnolia… How involved were you guys in picking that lineup? How did you decide on those bands specifically?LD: Yeah, it was fully us [putting the lineup together]. And as far as picking the bands, it’s kind of a list of our homies, and people that we love… People that we wanna see, people that we not only wanna play with but also support, give our fans a chance to see all of them. Whether it’s people on the rise like Mama Magnolia, or the homies in Break Science and SunSquabi, or folks that haven’t come through Colorado a lot like The Suffers. It’s people that we all believe in musically and that we love to hang with.AO: And of course, since it’s all homies, I’m sure that opens the door for some cool collaborations at the festival. Any particular ones you have in mind that you’re most excited about?LD: I don’t know, man…you know…doing fun, creative stuff with people that we love being around and hanging out with isn’t really our thing…AO: Totally, it sucks. Super lame… [all laugh]DW: We’ve got the late night set too, so that’s gonna get weird for sure…The Motet’s first-ever festival, Motet on the Mesa, will take place at the Taos Mesa Brewing Mothership in Taos, NM on July 27th and 28th. To grab your tickets, head here.
<a href=”https://www.youtube.com/watch?v=Gmpi51Jbpr0″ rel=”nofollow” target=”_blank”> <img src=”https://img.youtube.com/vi/Gmpi51Jbpr0/0.jpg” alt=”0″ title=”How To Choose The Correct Channel Type For Your Video Content ” /> </a> Since it was founded in 1931, the Woodberry Poetry Room has played a vital role in preserving poetry and helping students, scholars, and the public experience verse through text, audio and visual recordings, and readings. Its new series, “Reinventing the Workshop,” is a sort of gaze inward, a chance for poets and teachers from across the country to examine the process and tradition of instruction in creative writing.“It is not a judgment on the workshop model to reinvent it,” said curator Christina Davis. “Like all made things, it invites revision, and it is one of the roles of poetry to question structures, to notice their deficits and remake them to elicit their un-actualized potential.”The series launched Feb. 12 at Knafel Center with Lyn Hejinian of the University of California, Berkeley, reading from her collection “The Book of a Thousand Eyes” and examining nontraditional mechanisms for poetic expression.“I wanted to propose that the notion of the author that students or workshop participants bring with them is a kind of wall,” she said, introducing a presentation titled “Authorship: Allegories of the Wall.”In shifting the focus from what it means to be an author to engaging with creative materials, Hejinian sees an opportunity to transform the workshop into a more meaningful and less anxious environment.“There are all kinds of ways being utilized to get people to enjoy the sheer pleasure of making things. It might be that there’s where a wall can fall. It’s not that you have to inflate yourself into the capital ‘A’ artist or capital ‘P’ poet, [but that there’s] just the pleasure of doing it — the pleasure of generating aesthetic events.” In Hejinian’s examples, she offered a series of protocols for collaborative composition, or, as she sometimes called them, “games.”In one model, Hejinian told participants to make descriptive lists of everyday tasks, which were then assigned playing-card suits and numbers. Participants pulled cards from the deck one at a time and rearranged their lists accordingly, generating new poems. In another, she asked her students to complete a phrase by the poet Clark Coolidge: “This notebook is too heavy, and not even half —” After each student filled in the blank, Hejinian compiled the responses into a collection, “Sonnets Beginning With a Line by Clark Coolidge.”The conversation would not have been complete without examples of published works that challenge structure and syntax, including an excerpt of “Via” by Caroline Bergvall, a work composed of 48 versions of the first three lines of Dante’s “Divine Comedy,” and Harryette Mullen’s “Dim Lady,” a play on cultural dialect inspired by Shakespeare’s “dark lady” sonnets.Hejinian also led an on-the-spot reinvention of the workshop. Notecards were distributed and participants were challenged to write down a line and pass their card to the person next to them, who added his or her own statement before sending the card on its way. After eight stops, a collective poem was born for each participant to take home.Rowan Ricardo Phillips followed Hejinian on Feb. 25 at Woodberry with a talk titled “The Importance of Getting It Wrong: Competence, Negative Capability, and the Workshop.” “The language encapsulating the series encourages — all but demands, to be honest — a good deal of self-reflection about what, if anything, we do to turn to turn the poetry workshop into something new, something needful, something flourishing, something of a challenge,” he said.“Reinventing the Workshop” continues April 2 at Woodberry with a presentation by Ana Božiĉević, “The Lines of Others: On Poetic Performance.” All sessions are free and open to the public.Rowan Ricardo Phillips In the second installment in the Woodberry Poetry Room’s series, “Reinventing the Workshop,” Rowan Ricardo Phillips questions the teleology of “competency” in the workshop and explores ways to align the ethos of the workshop with the idea of the lyric as a choral structure. Video courtesy of the Woodberry Poetry Room
Your daily outdoor news bulletin for September 5, the day Arab terrorists took Israeli athletes hostage at the 1972 Olympic Games in Munich, Germany, eventually killing 11 in cold blood:Regional Paddlers Make Splash at ICF World ChampionshipsThe Nantahala Outdoor Center has been working hard since winning the bid in 2010, and now the ICF World Championships are in full swing. From all reports, the Championships are going great drawing competitors and fans from across the region, nation, and world to the NOC campus outside Bryson City, N.C. There is a – packed – grandstand for spectators, there is also a huge jumbotron to broadcast all the whitewater action on the Nantahala. The event is free to spectators so if you are in the area, head on down there and take advantage of the chance to see the best in the business tear up the local river.As for competitors, WNC is represented by 17-year-old Rowan Stuart of Stecoah, who made it into the K1 junior women’s event finals on Sunday. Local paddler, and NOC employee, Chris Singletary finished just out of the semifinals in the men’s squirt boat competition. Dane Jackson, of the dominant Jackson Kayak clan out of Tennessee, placed first.Overall, the competition has a distinctive international flavor with spectators waving flags of Germany, Japan, Ukraine, South Korea and many more. The Citizen-Times has a cool video featuring both Stuart and Singletary talking about their experience in the competition. The ICU World Championships run through the weekend.Explore Park PlansSitting just outside Roanoke, Virginia, at milepost 115 of the Blue Ridge Parkway, Explore Park has undergone a roller coaster of an existence. Since it’s opening in 1994, the 1,100-acre park has been home to a living history museum, Blue Ridge Parkway Visitor Center, IMBA sanctioned mountain bike trails, nature trails, and a bunch of other stuff. Over the past several years, the park and its facilities have fallen into disrepair due to a lack of funding and organization. But now a change could be in the works for this park. A new agreement has been struck between the Virginia Recreational Facilities Authority and Roanoke County on a 99-year lease that, if approved, would add Explore Park to Roanoke County’s inventor of recreation facilities. Basically, Roanoke Parks and Rec would take over management, with the long term goal of turning Explore into a regional adventure park. There will be a bunch of meetings about the plan behind closed doors, but also for the public. You can learn where and when (spoiler – they are all in September), from our friends at roanokeoutside.com.This would be a great thing for both Roanoke and the Park, as the facilities are great, and the mountain biking is spectacular.Rails to Trails PoliticsWhen I interviewed the Legend of the Creeper Trail, Lawrence Dye, last year I got a first hand look at the tension caused locally by the conversion of the Virginia Creeper railway into the rail trail it is today. Old photo albums from the initial construction phases of the plan show vandalism and destruction, particularly a fire set on one of the famous Virginia Creeper trestles by ornery land owners. This was in the 1970s, and they were still having trouble with landowners who didn’t want cyclist “riffraff” coming through on the trail in 2012. Who thought replacing huge, loud, smoky trains with cyclists would piss people off so much? Well, according to a column on MotherJones.com – an admittedly left leaning monthly rag, the issues go deeper than that. Though the article places the blame directly on Republicans – did I mention the left leaning? – it is an interesting read about the politics of the rails to trails program, and the history of the lawsuits brought against the federal government, the process of which appears to be sketchy at best. What was once a program that required zero federal dollars is now costing the U.S. government- and taxpayers – millions for no apparent reason.You can read the full piece here.Got an opinion on any of this news? Leave a comment!
A proposed guidance by the Federal Reserve on August 3, 2017 would narrow the scope of board responsibilities. It has gotten a lot of snarky reviews, with critics suggesting that it would result in the directors of the nation’s largest financial institutions having less responsibility instead of more. Critics argue that if the financial crisis taught us anything, it is that more board governance is needed, not less.This criticism misses the point. Not only is the Federal Reserve justified in clarifying the responsibilities of board members but, keeping in mind that the views expressed in this blog are mine and mine alone, NCUA should follow the Federal Reserve’s lead and provide greater clarity to boards detailing the proper division of labor between Boards of Directors and Senior Management.The Fed’s goal is to make sure that boards remain focused on five core responsibilities. These core responsibilities are to (1) Set clear, aligned and consistent direction; (2) Actively manage information flow and board discussions; (3) Hold senior management accountable; (4) Support the independence and stature of independent risk management and internal audit and (5) maintain a capable board composition and government structure. continue reading » 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
Steve Wolf opened an account with Beam to set aside money for emergencies. “Now I’m having to fight and spend hours of time to get it back,” he said.CNBC – Advertisement – Beam aimed to let users earn higher interest rates on their money by engaging with its mobile savings app.CNBC A company spokeswoman said in a statement that it is difficult to give an exact date when customers will receive their funds, and said the company is working with its vendors.“We have faith that funds should be released any day now,” the statement said.The statement also said that Beam is operational despite the designation by the state taxing authorities, and that the company will be in contact with the Secretary of State’s office to understand why its information has not been updated.“Designed for the 99%”Beam, which launched last year, offered to pay interest as high as 7% on funds deposited through the app, which it said was the “first mobile high-interest bank account designed for the 99%.”CNBC reported last month that customers began having difficulty accessing their funds earlier this year. Several said their withdrawal requests — which Beam’s web site promises to process in three to five business days — have gone unheeded for months.Beam has blamed the delays on its vendors, including Dwolla, a Des Moines, Iowa-based transaction processing firm and Columbus, Ohio-based Huntington National Bank, which serves as custodian for Beam’s customer funds. Beam itself is not a bank. It describes itself as a “technology service provider.”Beam says it has “gone out of its way” to try to process their requests, in an email sent to customers on Monday. The company blamed Dwolla and Huntington for failing to act. In a previous email on Oct, 27, and in a statement the same day to CNBC, Beam claimed that Dwolla froze certain accounts after discovering that customers were committing unspecified fraud.In its most recent statement to CNBC, Beam said it does not hold the funds in question.“We have been working with Dwolla and Huntington, the third-party providers, and are progressing, though the speed of progress largely rests with them now. We gave them all the information necessary on Nov. 5,” the statement said.A lawsuit filed early last week against Beam in a Columbus, Ohio court by Dwolla, Huntington, and a third vendor, New York-based Stable Custody Group, said Beam’s statements to its customers and to CNBC “were not accurate.”The suit says that despite Beam’s claims, Dwolla never placed a hold on any Beam customer funds. In fact, Dwolla never held any customer funds in the first place.“Any delays in customers receiving their funds was solely due to Beam’s delays,” the suit says.The suit says that despite Beam’s claim that the company is “working 24/7” to solve the problems, it has yet to provide any instructions to the vendors for the return of customers’ funds. The suit said that only Beam has the information about its customers identities and their deposits that would be necessary to return the funds. It asks the court to order Beam to work with the vendors to return the customers’ funds, and for a judgment declaring that the vendors acted properly.“Beam strongly disagrees with several of the allegations stated in the complaint,” the spokeswoman said in her statement. “The complaint by definition cannot be taken as true, because it is filed by them, so it’s one-sided in nature.”Chain reactionBeam’s business model uses what is known as a “sweep account.”When customers deposit funds through the app, Dwolla moves the money through Huntington National Bank, and into a so-called demand deposit marketplace operated by Stable Custody Group, a unit of New York-based R&T. The funds are then swept into a network of banks that pay interest on the deposits, which Beam can pass back to the customers. When customers seek to withdraw their funds, the process theoretically works in reverse.Under the arrangement, the customers’ funds are FDIC-insured. But because Beam is not a bank, the insurance only comes into play if one of the banks in the chain fails. It does not apply if Beam fails.All three of the vendors said they terminated their relationships with Beam when the problems arose in recent months, but they stand ready to help get money back to Beam’s customers.Stable terminated Beam’s participation in the demand deposit marketplace on Oct. 30 and instructed its network of banks to return the Beam funds to the custody account at Huntington, according to the lawsuit.“However, Beam has not requested the return of any of these funds to its customers, nor has Beam issued any instructions to Dwolla to enable the return of these funds to Beam’s customers,” the suit said.Huntington “has acted promptly on its standing instructions from beam to transfer funds returned to the Custody Account from the Receiving Banks to the Beam Account, and thus has not caused any delays in the ability of Beam to return those funds to its customers,” according to the suit.The suit says that all $2.4 million of the customer deposits is now in the custody account at Huntington National Bank, but “HNB does not know, and has no way to know, the identity of the Beam customers to whom these funds belong or the amount of these funds owed to each Beam customer.”“It will be soon”It is unclear where the arrangements between Beam and its vendors broke down, but customers seeking to withdraw money describe a frustrating array of automated emails and text messages that offer little information and none of their money.Florida retiree Glenn Irby, who invested $8,000 with Beam beginning in August, said every withdrawal request gets the same response:“It will be soon,” he said. But the money never comes.“I am retired,” he said. “Being on a fixed income, it’s not easy.” In Delaware, where Beam is incorporated, the company owes more than $182,000 in back taxes and has not yet filed its 2019 annual report, according to the Delaware Division of Corporations.Beam’s CEO, 37-year-old Yinan “Aaron” Du, declined to be interviewed.- Advertisement – – Advertisement – CNBC has also learned that Beam, based in San Francisco, has lost its rights to do business in California after failing to file any tax returns, according to a spokesperson for the state’s Franchise Tax Board. Steve Wolf, who owns a marketing firm outside San Diego, has been trying since September to withdraw the $15,000 he deposited with Beam. Wolf tells CNBC he has now hired an attorney to pursue possible legal action against the company for the “economic injury” he has suffered in a savings instrument that was marketed as safe.“That’s not money I lost in the stock market,” Wolf said. “That’s money that I already made, paid taxes on, was sitting in a savings account and was saving for a rainy day.”The Federal Trade Commission launched an investigation earlier this year into possible “deceptive practices” at Beam, CNBC previously reported. An agency spokesman declined to comment on the status of the investigation. Dozens of customers have filed complaints, nearly all of them involving their inability to access their funds, according to data obtained by CNBC under the Freedom of Information Act.— With reporting by CNBC’s Scott Zamost, Jennifer Schlesinger and Lorie KonishPlease email tips to [email protected] Thousands of customers of the savings app Beam, who have been unable to access their funds for months, remain locked out of their accounts despite the company’s promise that all transactions would be processed by Oct. 30.That’s according to a lawsuit filed in an Ohio court by three Beam vendors who say they are being wrongly blamed for the delays.The suit asks the court to order Beam’s cooperation in getting customers’ money back. On its web site, Beam claims to have nearly 187,000 subscribers, though a source close to the company has said the number of actual accounts may be closer to 30,000. According to the lawsuit, their deposits total more than $2.4 million.- Advertisement –