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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Cardia Bioplastics, Ltd. (CDRBY: OTCQX International) | Home Country News Release – Director Resignation

Category : Stocks

Cardia Bioplastics, Ltd. has filed a Home Country News Release – Director Resignation To view the full release click here (link to PDF).

See the rest here: Cardia Bioplastics, Ltd. (CDRBY: OTCQX International) | Home Country News Release – Director Resignation

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Richard Bressler is still a buyout exec

Category : Business, Stocks

Reports of Bressler’s resignation have been greatly exaggerated.

See the original post: Richard Bressler is still a buyout exec

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Fire River Gold Corp. (FVGCF: OTCQX International) | Director Resignation

Category : Stocks

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Director Resignation

PR Newswire

VANCOUVER, March 26, 2013

VANCOUVER, March 26, 2013 /PRNewswire/ – Fire River Gold Corp. (TSXV: FAU),
(OTCQX: FVGCF), (FSE: FWR) (the “Company” or “Fire River”) reports that
the Board of Directors has accepted the resignation of Kenneth Stowe
from the Board and as Non-Executive Chairman of the Company.

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Nickel North to Attend PDAC 2013; AGM Announced; Board Nominates Anna Mao; Cathy Wang Appointed CFO

Category : Stocks

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 22, 2013) – Nickel North Exploration Corp. (TSX VENTURE:NNX) (the “Company” or “Nickel North”) announces its Annual General Meeting of the Shareholders, nomination of Anna Mao as Director, appointment of Cathy Wang as Chief Financial Officer, resignation of Min Kuang and Michael Cathro as officers, as well as the Company’s attendance at the Prospectors and Developers Association of Canada’s PDAC 2013 in Toronto.

See more here: Nickel North to Attend PDAC 2013; AGM Announced; Board Nominates Anna Mao; Cathy Wang Appointed CFO

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Conservative council leader quits over ‘lie detector’ tests on benefit claimants

Category : Business

Fiona Ferguson resigns saying controversial Voice Risk Analysis software could do enormous damage to Cornwall council

The Conservative group leader at Cornwall council has quit her post over the use of “lie detector” tests on people claiming benefits.

Fiona Ferguson, who was responsible for corporate resources at the unitary authority, cited concerns about the use of voice risk analysis (VRA) software. In her resignation letter to Jim Currie, Tory leader of the council, Ferguson warned that using VRA would not help the council to pursue fraud and would be “extremely damaging to our reputation”.

She added: “It is clearly right that Cornwall council takes a strong line against people who deliberately mis-claim tax benefits but in this case I am more concerned about the impact on the vast majority of honest claimants.”

Ferguson claimed in her resignation email – which was placed online by councillors – that Currie had threatened to sack her from her post if she revealed the details of the lie detector test being used. She also announced that she was launching a petition to require any use of the technology to be approved by a larger meeting of the council.

Private outsourcing company Capita says on its website that VRA is “capable of identifying stress and emotion in a caller’s voice pattern”. The contract will cost the taxpayer about £50,000 but is intended to save many times that amount in preventing false claims, according to Cornwall council which states that research carried out in other areas of the country suggests 4%of single person benefit discounts could be false claims.

A council spokesman said: “As part of this ‘zero tolerance’ approach to fraud, the authority has commissioned Capita to carry out a review of all council tax payers who are receiving a 25% single person discount on their council tax bills.”

He said letters asking for claimants to provide information on their current circumstances have been sent to more than 30,000 households and telephone interviews will be carried out with a number of claimants to verify the details they have provided.

“These interviews will be carried out by trained assessors who will use specialist technology to assist this process,” he said.

Currie said: “There is tremendous pressure on the council’s budget and we need to do everything we can to prevent fraud. This will not affect people making genuine claims but we estimate that identifying and removing inappropriate claims could save the council at least £1m.”

Ferguson’s resignation letter noted that the techniques used by Capita were used by the Department of Work and Pensions (DWP) on a trial basis in 24 local authorities on the processing of housing benefit between August 2008 and December 2010.

A subsequent report said: “From our findings, it is not possible to demonstrate that VRA works effectively and consistently in the benefits environment. The evidence is not compelling enough to recommend the use of VRA within DWP.”

Capita said it was not commenting on issues surrounding Ferguson’s resignation. In response to the DWP report, the company said: “The selective use of VRA technology for the purposes of verifying high risk applications for council tax single person discount is a useful additional tool in the validation process of identifying fraudulent claims. The technology is not used in isolation.”

Southwark council in London has also reportedly used the Capita technology, to check households where a 25% council tax discount was being claimed. Harrow council said it used VRA software in a pilot scheme for housing benefit and council tax benefit claims, but stopped using it a number of years ago.

Care Investment Trust Inc. (CVTR: OTC Link) | Care Investment Trust Inc. Announces Resignation Of Joseph B. Sacks As Principal Accounting Officer and Controller

Category : Stocks, World News

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Care Investment Trust Inc. Announces Resignation Of Joseph B. Sacks As Principal Accounting Officer and Controller

PR Newswire

NEW YORK, Jan. 17, 2013

NEW YORK, Jan. 17, 2013 /PRNewswire/ — Care Investment Trust Inc. (OTCQX: CVTR) (“Care” or the “Company”), a real estate investment company that invests in healthcare and seniors-related real estate, today announced the resignation of Joseph B. Sacks as Principal Accounting Officer and Controller of the Company effective as of January 31, 2013 in order to pursue other professional opportunities.

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Union Equity, Inc. (UNQT: OTC Link) | Union Equity, Inc. Announces Change of Management Control

Category : Stocks

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Union Equity, Inc. Announces Change of Management Control

Union Equity will focus solely on the Transportation Industry

PR Newswire

INDIANAPOLIS, Jan. 10, 2013

INDIANAPOLIS, Jan. 10, 2013 /PRNewswire/ –

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Capital Financial Global, Inc. (CFGX: OTC Link) | Officer/Director Disclosure

Category : Stocks, World News

Fri, Jan 04, 2013 06:29 – Capital Financial Global, Inc. (CFGX: OTC Link) released their Officer/Director Disclosure concerning Resignation of Director. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=97628.

Read more here: Capital Financial Global, Inc. (CFGX: OTC Link) | Officer/Director Disclosure

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Capital Financial Global, Inc. (CFGX: OTC Link) | Officer/Director Disclosure

Category : Stocks

Fri, Jan 04, 2013 06:29 – Capital Financial Global, Inc. (CFGX: OTC Link) released their Officer/Director Disclosure concerning Resignation of Director. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=97628.

Originally posted here: Capital Financial Global, Inc. (CFGX: OTC Link) | Officer/Director Disclosure

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Starpharma Holdings Ltd. (SPHRY: OTC Link) | Home Country News Release – Resignation of Director Mr Ross Dobinson

Category : Stocks, World News

Starpharma Holdings Ltd. has filed a Home Country News Release – Resignation of Director Mr Ross Dobinson To view the full release click here (link to PDF).

More: Starpharma Holdings Ltd. (SPHRY: OTC Link) | Home Country News Release – Resignation of Director Mr Ross Dobinson

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