text:
Stock Markets and Growth: A Re-Evaluation
There is a large body of literature stressing the importance of developing financial markets, including stock markets, to enhance countries' growth. I argue that the relationship between stock markets and growth is exaggerated and that the simple act of opening a formal stock market is not a good predictor of whether a country will experience economic growth. While it is possible that in some instances opening a stock market can lead to increased growth, I do not find any evidence that opening a stock market has any impact. This research uses two Bayesian econometric methods, Extreme Bounds Analysis (EBA) and Bayesian Model Averaging (BMA), to discover if there are meaningful links between stock markets and growth in developing economies. Superior to traditional cross-sectional regressions, these methodologies allow for determining the true impact of certain variables. Using a similar dataset to multiple other studies, I find a zero, or weakly negative, correlation between the opening of a stock market and growth in developing countries. 82 countries and 32 independent variables were used comparing all stock market openings between 1960 and 1999 to those without a stock market on growth between 2002 and 2007.
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| Postal: 1645 E. Central Campus Dr. Front, Salt Lake City, UT 84112-9300
Phone: (801) 581-7481
Fax: (801) 585-5649
Web page: http://economics.utah.edu
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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Gernot Doppelhofer & Ronald I. Miller & Xavier Sala-i-Martin, 2000.
"Determinants of Long-Term Growth: A Bayesian Averaging of Classical Estimates (Bace) Approach,"
OECD Economics Department Working Papers
266, OECD Publishing.
- Xavier Sala-I-Martin & Gernot Doppelhofer & Ronald I. Miller, 2004. "Determinants of Long-Term Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach," American Economic Review, American Economic Association, vol. 94(4), pages 813-835, September.
- Gernot Doppelhofer & Ronald I. Miller & Xavier Sala-i-Martin, 2000. "Determinants of Long-Term Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach," NBER Working Papers 7750, National Bureau of Economic Research, Inc.
- Beck, Thorsten & Levine, Ross, 2002.
"Industry growth and capital allocation:*1: does having a market- or bank-based system matter?,"
Journal of Financial Economics,
Elsevier, vol. 64(2), pages 147-180, May.
- Thorsten Beck & Ross Levine, 2002. "Industry Growth and Capital Allocation: Does Having a Market- or Bank-Based System Matter?," NBER Working Papers 8982, National Bureau of Economic Research, Inc.
- Rati Ram, 1999. "Financial development and economic growth: Additional evidence," Journal of Development Studies, Taylor & Francis Journals, vol. 35(4), pages 164-174.
- Peter L. Rousseau & Paul Wachtel, 1998.
"Equity Markets and Growth: Cross-Country Evidence on Timing and Outcomes, 1980-1995,"
Working Papers
98-09, New York University, Leonard N. Stern School of Business, Department of Economics.
- Rousseau, P. L. & Wachtel, P., 2000. "Equity markets and growth: Cross-country evidence on timing and outcomes, 1980-1995," Journal of Banking & Finance, Elsevier, vol. 24(12), pages 1933-1957, December.
- James B. Ang, 2008.
"A Survey Of Recent Developments In The Literature Of Finance And Growth,"
Journal of Economic Surveys,
Wiley Blackwell, vol. 22(3), pages 536-576, 07.
- James B. Ang, 2007. "A Survey Of Recent Developments In The Literature Of Finance And Growth," Monash Economics Working Papers 03-07, Monash University, Department of Economics.
- Scott L. Baier & Gerald P. Dwyer & Robert Tamura, 2003.
"Does opening a stock exchange increase economic growth?,"
FRB Atlanta Working Paper
2003-36, Federal Reserve Bank of Atlanta.
- Baier, Scott L. & Dwyer, Gerald Jr. & Tamura, Robert, 2004. "Does opening a stock exchange increase economic growth?," Journal of International Money and Finance, Elsevier, vol. 23(3), pages 311-331, April.
- Levine, Ross, 1991. " Stock Markets, Growth, and Tax Policy," Journal of Finance, American Finance Association, vol. 46(4), pages 1445-1465, September.
- King, Robert G. & Levine, Ross, 1993.
"Finance and growth : Schumpeter might be right,"
Policy Research Working Paper Series
1083, The World Bank.
- Robert G. King & Ross Levine, 1993. "Finance and Growth: Schumpeter Might Be Right," The Quarterly Journal of Economics, Oxford University Press, vol. 108(3), pages 717-737.
- Harris, Richard D. F., 1997. "Stock markets and development: A re-assessment," European Economic Review, Elsevier, vol. 41(1), pages 139-146, January.
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text:
Lightweight and comfortable, this wrist pocket from Ronhill is perfect for storing mobile devices, nutrition, and any small essential items. Every purchase comes with a complimentary two litre bladder.
Thank you for visiting Ronhill Running Stretch Wrist Pocket, Black on shoppingfind.co.uk
We bring the products from many websites to one website for you to search, save and compare.

subset: commoncrawl


text:
Chunshengjiang Hotel
Find Hotel Rates
Recent Searches
Wego searches multiple travel sites so you can find and compare the best rates.
Chunshengjiang Hotel Hotel Reviews
Based on reviews from across the web.
Chunshengjiang Hotel Hotel Details
Check-in: 10:30
Check-out: 12:00
Chengdu Folk Inn (Software Park) is located in Wuhou District, a 5-minute stroll from Tianfu Software Park. It offers a golf course within 3 km, business centre and soundproofed accommodation with free Wi-Fi and wired internet access.Chengdu Folk Inn (Software Park) is a 5-minute drive from New International Convention & Exposition Center, a 10-minute drive from Chengdu Finance Center and a 20-minute drive from Haichang CEC Chengdu Jidi Ocean World. Shuangliu International Airport is a 17-minute car journey away.Tastefully decorated, the elegant guestrooms feature chic interiors and impressive elements including Chinese-inspired screen and wooden floors. Each well-appointed unit is fitted with a cable TV, minibar and an en suite bathroom with a shower and free toiletries.Staff at 24-hour front desk can assist with luggage storage services. Barbecue facilities are provided.Yaoxi Ting Restaurant serves a fine selection of Szechuan dishes. Breakfast can be ordered in the rooms.
Guests are required to show a valid government-issued ID card or passport upon check-in.During the period (from 14 Feb to 28 Feb 2015) guest can enjoy a welcome fruit and a mascot.
Similar Hotels
From S$61 Shangfu Jiari Hotel Nanjing Pedestrian Street Huangpu - People Square & South Bund
From S$63 Hao Du Hotel Shanghai Huangpu - People Square & South Bund
From S$50 Goldmet Inn - Nanjing Road Pedestrian Street Middle Fujian Road Branch Huangpu - People Square & South Bund


text:
Mountain Pie Madness
Celebrate the end of the winter season at Canoe Creek State Park this weekend at Mountain Pie …
Take this Job and Love It! Horn O Plenty
It's the return of Take this Job and Love It! This month Dawn takes a trip to Horn O Plenty in …
Luminous Landscapes
Join the Community Arts Center of Cambria County for their latest exhibit, Luminous Landscapes!
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Take the first step towards a healthier you with Everything Natural Under the sun's Essential Oil …
"Vintage" Wedding Decorations
Are wedding bells in the air for you this year? LaVonne Falbo from LaVintage Décor shares some …
Perry Wellington Realty: "Perry's Properties" 2.24.17
Looking for your dream home? Here are some of the current listings from Perry Wellington Realty.
Perry Wellington Realty: Do's and Don'ts of Showing Your Home 2.24.17
The agents of Perry Wellington discuss the do's and don'ts of showing your home.
Perry Wellington Realty: 3D Tours 2.24.17
Take a closer look at how Perry Wellington Realty creates their 3D Tours.
Perry Wellington Realty: Picking Your Sellers Agent 2.24.17
The agents of Perry Wellington discuss what you should consider when picking your seller's agent.
Perry Wellington Realty: 1 in 4 Are Buying 2.17.17
Bankrate.com says that one in four people are planning to buy a home this year. The agents of Perry…
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text:
Grav Labs 45 Degree 14mm Reclaimer
$ 24.00
Brand Grav Labs
Ordering by phone? Ask for: 5463Low Price Guarantee - Find a lower price? We'll beat it!
Free shipping on USA orders
Earn 240 tokins with the purchase of this product
The Grav Labs Reclaimer is quickly becoming a favorite among oil users. The reclaimer allows you to collect and reuse excess oil in an easy, ready-to-go jar. It is suitable for any waterpipe with a 14mm ground glass joint. The reclaimer can also be used with an 18mm glass joint using an 18mm to 14mm adapter. The reclaimer comes with the C-Clip and glass jar. Titanium nail and dome sold separately. C-Clip color will vary.


text:
IBM's relationship with Openoffice.org goes all the way back to 1997. Ten years later, that finally led the computing giant to offer up a whole new Lotus product, Lotus Symphony, which was itself based upon the Openoffice.org codebase. The move came as a bit of a shock to plenty of folks in the IT business […]
Megaupload users who had important files stored on the company's servers may not be completely out of luck… yet. Last week a US District Attorney made headlines by stating that hosting companies may begin deleting the servers' contents as early as this Thursday. But apparently Megaupload's lawyers have been successful in delaying that process. Megaupload's […]
Megaupload data will be preserved for at least two more weeks
For those of you who are old enough to remember playing multiplayer FPS titles like Quake and Rainbow Six on the now defunct MPlayer gaming community, you probably have less than fond memories of ladder matches that suffered serious rubber-banding and lag when you put more than 15 players in a game. Of course this […]
Swedish game makers smash world record for largest online FPS game – 999 players
Back at the beginning of the month, Apple rejected a Steve Jobs tribute calendar application, noting that apps made in honor of the late Apple co-founder and former CEO were not being accepted by the company. Now, the application's developer has chosen to make the app (which is called "Tribute Calendar") available via the Cydia Store, where it can be downloaded for free.
According to the application's developer:
We are really happy (& proud) to announce that 'Tribute Calendar' is launched with Cydia Store.
We have kept our promise to release the App free (as well Ad Free), it will remain Free for lifetime.
Though Steve Jobs wasn't exactly a fan of jailbreaking, it's nice Apple fans can download the application in an ad-free form free of charge, providing they have a jailbroken iOS device. However, the app's developer added:
One more thing…
If you don't have Cydia or Jail broken device , we are distributing the application to 25 lucky users as an Ad-hoc application. Write to us firstname.lastname@example.com
You can find "Tribute Calendar" in the Cydia Store via the built-in repositories – just search for the application's name. Let us know if you download it in the comments.Jailbreak Only: Tribute Calendar – A Steve Jobs Tribute Hits The Cydia Store is a story by AppAdvice.com
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Jailbreak Only: Tribute Calendar – A Steve Jobs Tribute Hits The Cydia Store
AppAdvice has once again teamed up with 22learn, our latest AppAdvice Daily podcast sponsor, in order to offer you a chance to win one of 10 promo codes for Abby – Preschool Shape Puzzle ($1.99) for iPad.
Allow your toddler to have some fun while learning by handing them an iPad with Abby – Preschool Shape Puzzle installed. This education app will not only help them learn the names of numerous objects, but it will also help them develop their motor skills by interacting with a variety of puzzle pieces.
Abby – Preschool Shape Puzzle includes a total of 11 colorfully illustrated scenes, each of which have numerous puzzles to put together. Your child can simply tap on a missing object within each scene to bring up the puzzle and start putting it together. After completing the puzzle, they are able to hear the name of the object spoken aloud, and when they return to the scene the object will now be part of it. Completed puzzles can be returned to at any time.
Of course, Abby, 22learn's famous adorable monkey, is also a part of the fun! Abby will drop in whenever a puzzle is complete, providing your child with a little extra encouragement and a whole lot of entertainment.
The app includes more than 150 individual puzzles, an easy to navigate user interface, two difficulty levels, engaging background music, and entertaining sound effects.
To have a chance at winning one of three Abby – Preschool Shape Puzzle promo codes, simply hit that blue tweet button near the bottom of this page or retweet this post from your favorite Twitter app before 11:59 PM PST tonight (Jan. 31). We will then search the Twitterverse for all of the retweets and randomly choose our lucky winners. The winners will be notified via Twitter, so please be sure to follow us so we can send you your promo code via a direct message.
Non-Twitter users and those of you who want to increase your odds of winning can simply leave a relevant comment below before 11:59 PM PDT tonight to have a chance at winning one of the other seven promo codes.
Feel free to participate in the giveaway via either or both methods. Only one entry per person per method is allowed, totaling up to two entries per person if using both.
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With the upcoming release of the Raspberry Pi $25 computer, cheap PCs are all the rage. Even the security industry is getting in on the fun with the recent unveiling of the Falling or Ballistically-launched Object that Makes Backdoors. The so-called F-BOMB (a name that was devised after the acronym, if I've ever seen one) […]
aremaC ($0.99) by Dominik Seibold is an effects app that goes a lot deeper than most. Beginners can use the stock effects. Intermediate users can download more effects from an extensive crowdsourced online library, for free. Advanced users can create new effects, in astounding detail, and add it to the online library for others to use.
If you're not looking for complex photo editing maneuvers, simply tap the book icon at the bottom to bring up the stock effects. Choose a photo from your photo library and tap an effect to add it. Or choose an effect first and start shooting with the effects applied live. There aren't a ton of these to start, just Invert, Rainbowed, River, Warhol, and Small World.
The next step would be to check out the online library of filters/effects; simply tap the "Online Library" icon to access them. You'll need to sign up for a free account in order to access these. The "nickname" you choose will be your name attached any filters you may create. Here you'll find categories such as Lomography, Vintage, Avant-garde, Special Effects, Video, Art, Simulation, and lots more. Find an effect you like? Tap "Use" to add it to your list of stock effects available within the app. Each effect has the creator's name at the bottom. Tap that name to bring up a list of all the effects that person has created. You can also sort these filters by popularity or newest added.
If you are interested in creating your own effects, I'd strongly recommend that you watch all of the videos in the help section of the app. To be honest, the effect creation is really beyond my abilities, but I mention it because AremaC really is an impressive app in terms of setting your creativity free from limitations. If you've thought of an effect you wish existed, you'll probably be able to create it here. One of the videos in the app even explains how to create a green screen effect; as seen here in the photos of Jessica Alba. Once you create your own preset, you can share it to the online library with your name and the title you wish to give it.
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Last year, when Motorola promised to unlock the bootloaders on its phones, the development community celebrated. Online petitions, social media bombing, and numerous emails were credited for pressuring Moto into making the pledge. The only problem, though, is that Motorola hasn't followed through. The original announcement had promised that all Motorola bootloaders would be unlocked […]


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Roto-Rooter Inc. Changes Name, Reports Sales Increase
November 1, 2004
Stockholders of Roto-Rooter Inc. approved changing the company's name to Chemed Corp. during the second quarter of 2004. Previously, Chemed had changed it's name to Roto-Rooter Inc. in early 2003.
The company also reported its second-quarter results, and the Roto-Rooter segment had a 6.7 percent increase in revenue from the same period in 2003, for a total of $68.9 million. For the six months ended June 30, 2004, its revenues were $138.1 million, compared to $129.3 million for the first six months of 2003.
CFO David Williams said that the Roto-Rooter segment is expected to have a 3 percent to 4 percent decline in revenue in the third quarter, and a 6 percent to 7 percent increase in revenue in the fourth quarter.
Did you enjoy this article? Click here to subscribe to Plumbing & Mechanical.


text:
Botanical specimen necklace, made from a teardrop miniature glass bottle, filled with real lichen that I gathered from one of the last remaining and oldest oak woodlands in Europe, Killarney National Park in the South of Ireland Ireland.
Killarney woods is famous for it's rare species of flora and fauna, including lots of mosses and lichens which thrive in the clean unpolluted air. This particular species of lichen goes by many names here, including 'Little Clouds', 'Sea Ivory' and the Irish name 'Crotal Coille'. Killarney Woods is over 10,000 years old, so with this necklace you will be wearing not only your own little piece of Ireland, but also a keepsake of it's most ancient history to wear with you wherever you go.
The cap is made from gold plated brass and the chain is14k gold.
While every care has been taken to ensure the longevity of this piece, do try to keep it away from water and store it away from direct sunlight.
The plants used to make my jewellery have all been preserved and treated, so wil not wither or fade over time.
'The mountains are calling and I must go.'
- John Muir
Three feathery little dandelion seeds have been placed into a teardrop shaped glass bottle before...
€40.00 - Sold Out
A tiny bunch of forget me nots, a token from of the first days of...
This beautiful, summery living locket was made by preserving a single wild dog rose in...


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When: Sun., Dec. 9, 4-6 p.m. 2012
Join storyteller Tim Lowry and friends as he performs Dickens' A Christmas Carol. Guests will enjoy a Christmas tea with parlor games, dancing, a wassail toast, and a torch-lit boat ride in the swamp.
Price: $35
Cypress Gardens Road (Moncks Corner)
Sweet and Sour History
by Katherine Connor
September 30, 2015
Cypress Gardens' Halloween in the Swamp
by Melissa Tunstall
March 26, 2014
Select a star to rate.
© 2017 Charleston City Paper


text:
It's safe to say that if it weren't for the "soccer mom" stigma, some people who buy crossovers and sport/utility vehicles would actually buy minivans. It's a question of getting what you want versus what you need. So how do minivan-makers win back SUV buyers? One way is to change the perception of minivans. That seems to be the angle Chrysler is taking with its 2012 Chrysler Town & Country.
Changes to the tried-and-true van give it the features many prospective buyers would seek out in a sport/utility. The van received a dramatic refresh for 2011, including the addition of the company's new 3.6-liter V-6 engine with a six-speed automatic, a combination that has the same fuel economy as the previous model's best, with more horsepower and torque. The 2012 model receives the second part of the van redo, with an interior that was described in driver notes as "truly luxurious" and "now the equal of the Toyota Sienna and Honda Odyssey." Editors appreciated the leather seats, contrasting stitching, and brushed-aluminum accents, and that the interior was pleasantly quiet at 75 mph. The second row was more comfortable than in previous models, too. The van impressed on rough roads. The interior can be reconfigured easily, and with the second and third rows stowed, provides a cavernous amount of space for gear.
There isn't a huge amount of differentiation between the Chrysler and its Dodge kin, but where you can feel it most is on twisty roads. The Town & Country's suspension is softer. In addition to the lack of differentiation, there's the question of value. This minivan cost more than $42,000 as tested, a price point somewhat shocking for a minivan.
Do you think the Chrysler Town & Country is capable of winning the Car of the Year title? Stay tuned as we preview every car that Motor Trend tested for its 2012 Motor Trend Car of the Year competition in alphabetical order in advance of the official announcement on Nov. 16.


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ZDaemon handle: Dreamstate | You Tube| Dawn Of Gaming | Show me a world without greed and deceit, and I'll show you a fantasy -Anomalous
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Happiness is a warm SSG ;)
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lupinx-Kassman said:
While I think T.V.'s pic was very well drawn, I believe Torm's fits more appropriately.
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Aleaver said:
(team members only please) oh hell everyone can cast thier opinon!!
RjY said:
I don't agree with this at all.
Last edited by Aleaver on Jul 5 2007 at 04:32
Posts: 534
Registered: 12-05
Posts: 702
Registered: 08-04
Tormentor667 said:
When is this decided?! As soon as this ends, I can start to work on a nice looking intermission screen :)
Use3D said:
I find this fruitless since T.V. already made both the title screen and the interpic. He took initiative and made them, only after he did we now have to 'choose', when the work is already done.
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text:
The young airmen of the Second World War habitually diced with death as they steered their powerful machines across tricky terrain. And that was only the drive home in their sports cars after hard nights in country pubs.
In the air, they risked being shot down and, if they parachuted to safety, of being arrested. In 1940, one British fighter pilot was upset to be apprehended and marched to the local police station. This was in Havering, his bloody-minded arrest being a revenge on Fighter Command by a population that thought that the RAF had let our boys down at Dunkirk.
Pretty soon, however, Spitfires and Hurricanes were all that stood between us and German bombers, so people decided they quite liked the RAF after all. "I'm a fighter pilot – take your knickers down" |became an effective chat-up line.
Today, as the Few become very much fewer, their stories still soar in the bookshops. And, two years ago, A Matter of Life and Death, the 1946 film in which a pilot flies into the next world, was reincarnated as a play at the National Theatre. Ironically, the film's star, David Niven, had received the don't-call-us-we'll-call-you brush-off when he tried to join up: they didn't want those actor chappies in the RAF. The Flyer, subtitled British Culture and the Royal Air Force 1939-1945, is a wonderful survey of the time. Martin Francis navigates a vast landscape of rich material: memoirs, novels, films, plays, poems and broadcasts. Here are the women who saw lovers |taking off with what might be one-way tickets. Here are the teddy bears taken on missions for luck (and listed as missing in action if the luck ran out).
Francis can make points unwelcome in wartime – Guy Gibson, for example, of the Dambusters raid, was more worried about drowned animals than civilians. And the real cult heroes seem to have been the fighter pilots, the RAF's anarchists. They left undone the top button of their tunics. Their hair was slightly too long. They were lax in the saluting department. They flew under bridges for a laugh.
- More about:
- Fighter Aircraft
- Police
- Royal Air Force
- Second World War


text: Let's Talk About Whatever You Want for the Next HourMario Aguilar3/15/13 4:17pmFiled to: chatroomopen thread156EditPromoteShare to KinjaToggle Conversation toolsGo to permalink Hi there. It's the end of the week, and we're sure you're sick of working, so we're going to help make the rest of your day bearable. For the next hour, the entire Giz staff will be hovering around this thread, willing to shoot the shit about whatever your little hearts desire. What do you all want to talk about? Advertisement Image via Shutterstock/IR StoneReply156 repliesLeave a reply


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|Page 1 of 3:
|[1] [2] [3]
|22 reviews in total
This Columbo is unique in that we don't really know the exact outcome until the very end. Our favorite dark horse detective suspects a pair of identical twin brothers of killing their rich uncle; each points the finger at his brother. In a mystery series in which the crime is shown at the beginning of the drama, this twist could reasonably be used only once or twice, and this was Columbo's time. Other than that wrinkle, this episode fits in well with others of the series. It has a lighter tone than some, with a very funny performance by Jeanette Nolan as the fastidious and loyal housekeeper who takes an instant dislike to Columbo.
Double Shock is one of the many good Columbo episodes which reaches the
level of a good movie.
It has all the elements we like in the Columbo episodes. We get the laugh when Columbo makes something clumsy, and it happens more than once in Double Shock. I can almost guarantee that you will laugh several times if you decide to watch this episode.
We also get the riddle as usual with an almost perfect murder, but something about the murder troubles Columbo. The end is the usual, we get the story about how Columbo solved the mystery.
This is another good Columbo-episode, and I will rate it 7/10. It is close to 8/10.
"Just one more question" - The acting? Peter Falk is very good as usual.
*** This review may contain spoilers ***
This is my favourite Columbo. Martin Landau (excellent!) plays twins, one of whom may have committed a murder. This Columbo is unusual because the usual murder scene at the beginning doesn't give you any clue to which one did it! Peter Falk is on form as usual in this episode written by Steven Bochco (who also wrote 'Murder by the Book', my second favourite episode). The supporting cast are great especially Julie Newmar (very under-rated) and Jeanette Nolan as the house keeper that Columbo just keeps on upsetting. The surname of Martin Landau's characters in this is 'Paris'. That was the surname of Leonard Nimoy's character in Mission Impossible. Coincidence? Or a Steven Bochco joke?
What a cast of actors and actresses in this Columbo episode, beside Peter Falk, you have Julie Newmar, Jeannette Nolan, Martin Landau as twins. Anyway, the old uncle dies mysteriously and it looks like a heart attack on the bicycle discovered by his fiancé, Julie Newmar, who plays the role so deliciously. Jeannette Nolan plays the other woman of the house, the housekeeper who prides herself on her talents and chides Columbo's sloppy and often typical behavior with his cigar. Martin Landau plays identical twins in this one. Each who accuse the other of murdering their uncle for money. Well, you'll just have to watch and see the outcome but I can assure you that it's always worth watching this one for the cast and the crew.
Double Shock was neither one of the best or one of the worst of the Columbo series but it was still very solid. I do think some of the story takes a while to get going and that the tension between the two brothers wasn't quite as tense or effective as it could've been, mainly because Dexter was a far more interesting character than Norman. However, it is filmed and edited beautifully, and the music is suitably atmospheric. Apart from some sluggish pacing and some scenes that feel padded, the story is a good change of pace and remains interesting with a genuinely surprising ending, and the writing is arch and witty often. Peter Falk looks very comfortable as Columbo and is a joy to watch. Julie Newmar is a pleasant surprise as the fiancée, but in support the standout was Jeanette Nolan, whose rapport with Columbo is hilarious. Double Shock is notable mostly for Martin Landau playing twins, and he does a very good job in both roles, especially as Dexter. Overall, interesting and very solid. 8/10 Bethany Cox
*** This review may contain spoilers ***
Clifford Paris is a wealthy old man who has a passion for keeping fit
and a passion for a very young woman who he intends to marry much to
the silent disapproval of his nephew and housekeeper. Dexter
disapproves so much that he decides to kill his uncle by throwing an
electric blender into his bath and then putting him on an exercise bike
to make it look like he had a stroke. Despite this apparent accident,
Columbo gets called out of his bed and, thanks to a missing towel and a
wet bath, suspects that this was no accident. Columbo knows that the
motives lie with those who stand to inherit his Clifford's millions
namely his twin nephews, celebrity chef Dexter and serious banker
Norman, neither of who speak to each other; however which of the twins
could it have been? As with many TV film series (such as Perry Mason),
if you like one or two of them then you'll pretty much like them all.
This entry in the Columbo series pretty much follows the usual formula
we know the killer and the "perfect" plan but then watch Columbo
follow his hunch and gradually starts to pick holes in the story he is
told before eventually finding enough to prove his suspicions. Saying
this is not a spoiler it is simply what happens in all the films.
With this strict adherence to formula it is usually down to several
factors whether or not the Columbo film stands out or if it is just
average. In this case the twist is that the suspect is one of twins, a
gimmick that you know must be going to be used in some way or other as
indeed it is. The plot sees the twins putting Columbo onto the other in
a way that should have been twisty but it doesn't work as well as it
should; it lacks tension and isn't as intriguing as it should have
been. The ending is satisfyingly delivered though and it is yet another
good film in the series.
Falk is a joy as Columbo; as usual his sharp mind is well hidden behind the bumbling but he also has a talent for comedy as seen in his TV appearance and his chemistry with Nolan. She plays a simple role of the aggressor to Columbo and together they produce some very funny moments, even if it is a rather one-not repeating gag. Landau is interesting but his Norman is pretty dull and he tends to save his actual performance for Dexter, who is a more colourful and interesting character. Support is good from Stewart and those with a mind for the camp will instantly recognise the one and only Julie Newmar most notably of Batman fame.
Overall this is a good entry in the series even if the twins aspect does feel a little gimmicky and seems to take precedence over the actual plot. The performances are good and the comedy is always a welcome addition but somehow the attempts at tension between the brothers just doesn't come off as it heads towards the twist that we all knew was coming simply because why else would they write twins into it unless it was key to the story. Fans will still enjoy it though and it generally meets the enjoyable standard of the majority of the Columbo films.
Lieutenant Columbo sets out to prove that two estranged brothers united in
order to kill their wealthy uncle, because they wanted to stop him from
disinheriting them from his will.
An enjoyable Columbo episode with the usual formula competently assembled, but the real delight here is the excellent Martin Landau who scores in his double role as the twin brothers.
This episode has been released on video in the UK paired with the second pilot episode, Ransom For A Dead Man (1971).
*** This review may contain spoilers ***
When a rich man dies of an apparent heart-attack whilst exercising,
Columbo suspects his ne'er-do-well nephew Dexter. What he doesn't count
on is that Dexter has an identical twin brother, Norman, who has an
equally plausible motive for murder ...
This is a very recognisable Columbo story, with the twist of having the normally singular killer be identical twins, played with considerable flair by Landau. Dexter is flamboyant and gay (one of the best scenes involves him ribbing Columbo on his TV cooking show) and Norman is sensible and dogmatic. Steven Bochco's script keeps both us and Columbo guessing about them all the way - are they covering up for or trying to incriminate each other ? Nolan is funny as the zealot housekeeper and leggy Newmar (Catwoman from the old sixties Batman TV show) adds an unusual dash of glamour. The details of the murder investigation are a little pedestrian here, but it's a very agreeable little thriller all the same. Best moment - Columbo's reaction to the TV repair van.
Guest villain in this Columbo story is Martin Landau. The victim in
this case is Paul Stewart who is Landau's uncle and tight controller of
the family purse strings. Stewart is also going out with Julie Newmar
who is an overage flower child and Landau is worried that the family
fortune will go to her and with good reason.
Nothing left to do but kill Stewart and this is accomplished by dropping an electric mixer into Stewart's bath electrocuting him. Then we have Stewart's body dried up and semi-dressed and put him on an electric exercise machine to make it look like he died of a heart attack there.
The rub in this episode is that Landau is playing a dual role. The charismatic host of a cooking show who spends money like it was going out of style and an uptight banker who has a not so secret gambling problem. Stewart's money will bail both of them, especially banker Landau out of considerable debt.
There are a couple of other substantial roles in this story. One is Tim O'Connor the family attorney who's had a good income from handling the affairs of Stewart and wants to keep right on doing it. The other is Jeanette Nolan who Peter Falk irritates the hell out of. She's a most uptight housekeeper and Columbo spilling his cigar ashes on her immaculate floor drives to distraction. She also hates having any interruption of her television shows. But the disruption of that service is an important clue for our rumpled detective.
Scenes with Nolan and Falk are the high point of this good Columbo story.
*** This review may contain spoilers ***
***SPOILERS*** Lt. Columbo, Peter Falk, gets a bit embarrassed in this
episode when his bumbling antics get's the lady of the house the very
proper and applicable Mrs. Peck, Jeanette Nolan, a bit hot under the
collar. Thats when he absent-mindlessly spills his cigar ash on her
well waxed floor and even later flicks his ashes into an expansive
silver dish that Lt. Columbo mistakes for just your average run of the
mill ashtray. But it's in his wrecking of Mrs. Peck's TV set, almost
giving her a nervous breakdown, that she watches her favorite programs
with a religious fervor that in the end breaks open the murder case of
her boss the late Clifford Paris, Paul Stewart.
Getting his Uncle Cliff all alone in his bathtub Dexter, Martin Landau, gives him a wedding present that happened to be a new egg beater. The trouble is that the egg beater was plugged in the wall electric socket and turned on causing old Uncle Cliff to collapses and die from the shock. It's until Uncle Cliff's fiancée the very well developed and some 35 years younger Lisa Chambers, Julie Newmar, came over to accompany him to their wedding that his dead body was discovered. Not in the bathtub but on an electric bicycle she gave Uncle Cliff as a wedding present.
Getting on the case Lt. Columbo feels that there's something very fishy in Uncle Cliff's sudden heart-attack, that's what he was thought to have died from at first. Columbo feels, surprise surprise, it was murder! It's later when we, and Lt. Columbo, see that the yet discovered killer Dexter has an identical twin brother Norman Paris, also played by the very multi-talented Martin Landau, that you start to wonder just which of the two was the one who did old Uncle Cliff in?
We later learn that Uncle Cliff had a will made out that left his estate, three million dollars, to none of the two twins, Dexter & Norman. Instead Uncle Cliff left it to his fiancée Lisa who has absolutely no interest in his money. She just loves Uncle Cliff for his bubbly and charming personality as well as his amazing, the guy is 75 years old, sexual prowess!
One of the strangest of all Columbo episodes since your not really sure who the killer, which we see at the very beginning of the movie, is Dexter or Norman or can it be that the killer was actually both of them? Things get even more complicated when Lisa is tricked into giving her copy of Uncle Cliff's will to Cliff's sleazy lawyer Michael Hatheway,Tim O'Connor, so it wouldn't stand in the way of brothers Dexter & Norman's attempt in getting his money, and Hatheway getting his cut as well, legally.
Later when Hatheway goes to her penthouse apartment he finds that Lisa was thrown, or jumped, some ten floors to her death. As all this is going on Lt. Columbo is bumbling and fumbling his way around the Paris Mansion and uncovers a number of clues that proves that it was physically impossible for one person to have murdered Uncle Cliff. The circumstances of his death was just to much for one man, or woman, to handle that sets us, and the killer, up for the big surprise in the end.
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GE Healthcare is a subsidiary of the mighty General Electric company and is dedicated to providing innovative medical technologies and services to satisfy people's needs and provide better and more affordable medical services for people around the world.
To activate GE Healthcare's presence at the Spring edition of the twice-yearly China International Medicinal Equipment Fair, Pico provided a number of services, including design, fabrication and management of a 996 sq. m. booth, organisation of a new product launch event and a number of internal kick-off activities. Our mission objectives were to debut 14 new products, highlight the company's latest healthcare achievements and illustrate how GE Healthcare leads the way in technological breakthroughs for the medical devices industry.
Given the large number of tasks to be accomplished, this was not a straightforward activation. Pre-exhibition online promotion, booth design and fabrication, online interaction during the exhibition, on-site multimedia interaction, organisation of the launch of new products, internal kick-off activities and booth operations all had to proceed smoothly. Added to this, the team only had 2.5 days to prepare the booth, necessitating a great deal of hard work in a short space of time. The successful result was worth the effort, as we aim to be involved in more projects for this distinguished client in the future.


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Jude Stewart offers a reassessment of the color beige. Is it still the modernist color of evil, or does it convey something else?
Color & Design
Pantone's 2015 Color of the Year is Positively Delicious
Drumroll, please: Pantone 2015 Color of the Year has been announced! Read what Leatrice Eiseman and Jude Stewart have to say about Marsala and the thinking behind the choice.
More Magical, Turbulent History of The Color Green
Jude Stewart's Beyond the Color Chart Bootcamp will teach you to wield color—including the color green, as detailed below—more intelligently in your graphic design practice. Register for this online course here. Welcome to part 2 in my mini-series on the new book GREEN: The History of a Color by French art historian Michel Pastoureau....
A Magical, Turbulent History of the Color Green
The color green is fickle, mutable, variously the color of love, youth, irresponsibility, but also madness, debauchery, and the underworld. Jude Stewart explores its history.
Hotheaded Quotes About Color: Part 2
Part 2 in Jude Stewart's series documenting strongly opinionated quotes about color from designers, artists, politicians and scientists.
Hotheaded Quotes About Color
Here, Jude Stewart recaps some of her favorite strongly worded quotes about color, from artists, thinkers, designers, scientists and others.
How the Zebra Got Its Stripes
Two teams of biologists plus an African folk tale tackle the question: Where do zebra stripes come from?
Why Are Barber's Poles Striped?
Jude Stewart uncovers one charming answer to the age-old query about how barber's shops earned their stripes.
Juicy, Graphic, Pale: Spring 2014 Fashion Colors
Jude Stewart recaps color and fashion trends for spring 2014—from chilly pastels to graphic B&W and Radiant Orchid, Pantone's Color of the Year.
Which Came First—The Artist or the Egg?
Without a doubt, this is the coolest Easter egg hunt around (trade in your basket for an app). The Big Egg Hunt is a philanthropic endeavor that sprawls across New York City, uniting big brands, artists and any kid at heart.


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The GI SPORE Administrative Core supports projects and investigators by managing SPORE resources, communication and outreach, and by fostering the interaction among investigators, collaborators, other VICC SPOREs, other GI SPOREs, the patient and advocate community and the NCI. This management and support is accomplished by administrative and scientific meetings of SPORE investigators with oversight provided by the Internal and External Advisory Boards. Specific functions of the Core include: 1. To coordinate all GI SPORE cancer-related research 2. To administer the Developmental Research Program (DRP) 3. To administer the Career Development Program (CDP) 4. To create and prepare documents and reports to ensure compliance with federal regulations and reporting requirements 5. To monitor and manage financial resources 6. To serve as the point of contact for GI SPORE investigators and patient advocates 7. To organize and schedule GI SPORE project meetings for oversight, communication, administration, evaluation, collaboration, outreach and education 8. To coordinate communications with other GI SPOREs, VU SPOREs, VICC, VUMC, Epithelial Biology Center (EBC), Ayers Institute, Digestive Diseases Research Center (DDRDC) and collaborators 9. To organize annual External and Internal Advisory Board (EAB &IAB) meetings 10. To organize, along with the other Vanderbilt Lung and Breast SPORE administrative cores, the quarterly VICC SPORE PI meetings 11. To proactively identify academic (Meharry Medical College, Melbourne University) and pharmaceutical (GE Healthcare, Novartis) interactions that will enhance the conduct of the GI SPORE program, taking special advantage of opportunities provided through Vanderbilt's Clinical &Translational &Science Award (CTSA)
The Administrative Core supports SPORE projects and investigators by managing SPORE resources, communication and outreach, including fostering Interaction among SPORE components and collaborators, other SPORES, the community and the NCI.
|Jin, Ming; Roth, Rachel; Rock, Jonathan B et al. (2015) The impact of tumor deposits on colonic adenocarcinoma AJCC TNM staging and outcome. Am J Surg Pathol 39:109-15
|Johnson, Adam; Wright, Jesse P; Zhao, Zhiguo et al. (2015) Cadherin 17 is frequently expressed by 'sclerosing variant' pancreatic neuroendocrine tumour. Histopathology 66:225-33
|Peng, DunFa; Hu, TianLing; Soutto, Mohammed et al. (2014) Glutathione peroxidase 7 has potential tumour suppressor functions that are silenced by location-specific methylation in oesophageal adenocarcinoma. Gut 63:540-51
|Tripathi, Manish K; Deane, Natasha G; Zhu, Jing et al. (2014) Nuclear factor of activated T-cell activity is associated with metastatic capacity in colon cancer. Cancer Res 74:6947-57
|Powell, Anne E; Vlacich, Gregory; Zhao, Zhen-Yang et al. (2014) Inducible loss of one Apc allele in Lrig1-expressing progenitor cells results in multiple distal colonic tumors with features of familial adenomatous polyposis. Am J Physiol Gastrointest Liver Physiol 307:G16-23
|Hight, Matthew R; Cheung, Yiu-Yin; Nickels, Michael L et al. (2014) A peptide-based positron emission tomography probe for in vivo detection of caspase activity in apoptotic cells. Clin Cancer Res 20:2126-35
|Zhang, Bing; Wang, Jing; Wang, Xiaojing et al. (2014) Proteogenomic characterization of human colon and rectal cancer. Nature 513:382-7
|Mitra, Ramkrishna; Edmonds, Mick D; Sun, Jingchun et al. (2014) Reproducible combinatorial regulatory networks elucidate novel oncogenic microRNAs in non-small cell lung cancer. RNA 20:1356-68
|Sekhar, Konjeti R; Benamar, Mouadh; Venkateswaran, Amudhan et al. (2014) Targeting nucleophosmin 1 represents a rational strategy for radiation sensitization. Int J Radiat Oncol Biol Phys 89:1106-14
|Sehdev, Vikas; Katsha, Ahmed; Arras, Janet et al. (2014) HDM2 regulation by AURKA promotes cell survival in gastric cancer. Clin Cancer Res 20:76-86
Showing the most recent 10 out of 239 publications


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Every year, private schools open up their admissions and allow a select number of children to enroll in their educational programs. For some families, this process is time consuming and frustrating as parents and children wait to see if they are accepted or not. One in ten American students attend a private school, according to the U. S. Department of Education. If you are looking to get your child into a private school, you want to do more than just fill out an application and cross your fingers that your child gets accepted. Instead, you have to put some effort into putting your child's application above the other applicants. Here are some tips to increase your chances of getting your
4 Signs Your Child Could Benefit From A Tutor
Nearly every child has some point during their education in which they face challenges at school. Very rare are the children who fly through each grade with excellent scores and little difficulty. If your child is currently dealing with academic difficulties, they aren't alone. The good news is there are steps you can take to help your child through this difficult time. One of the most effective strategies may be tutoring. A tutor can work one-on-one with your child and give them personalized instruction they may not be receiving at school. Here are a few signs that tutoring could be a good strategy for your child: Slipping grades. The most obvious sign that your child needs help is a decline
Words Of Wisdom To Give Your Child When You Drop Him/Her Off At Private School
Many parents get teary-eyed when their child goes off to school, but this moment can be even more of a challenge when you drop your child off at a residential private school somewhere else in the state or even beyond. You have to remember that even though there might be a little homesickness (on both sides), your child will be getting an outstanding education that can catapult him or her to the right college and even lead to success in the working world several years from now. It can be easy to attempt to dispense line after line of wisdom as you're about to leave your child, but it's best to keep things simple and stick with some messages that


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It's not only child custody that is hotly contested in divorce court; an increasing number of divorcing parents of "fur babies" are also finding themselves in a contentious battle. People love their animals and consider them their children, so when it comes time to part ways problems can arise. Read on to learn more about how the family court system treats "pet custody" issues. How does the law view pets? Unlike most pet parents, the law views pets as property, just like the family silver or the car. This is a...read more
Going through a divorce is usually an emotional and stressful process, but it is important to keep your head on your shoulders. Thinking clearly will help ensure that your divorce goes as smoothly as it possibly can. If you're going through a divorce or plan to be divorcing soon, avoid these common mistakes: Not Hiring a Divorce Attorney While it is possible to facilitate a divorce without legal counsel, it is not in your best interest to do so. Since a divorce can be so emotional, it is very important to have a neutral third party who...read more
The process of divorcing your partner can be an intimidating experience due to the financial uncertainty that can follow a divorce. To help lessen the financial challenges one spouse may encounter, it can be common for alimony payments to be implemented during the divorce proceedings. If you have a limited understanding about alimony, you might need to have the following couple of questions answered. Is Alimony The Same As Child Support? It can be common for individuals to make the mistake of assuming that child support and alimony are the...read more
If you are starting the process of a divorce, it might be in you and your family's best interests to speed up the process. This can cut down on expenses surrounding your divorce and let you move on and get closure faster. Here are four tactics you can take to speed up the overall divorce proceedings. 1. Give up Your Anger Towards Your Ex-Spouse If a divorce can be processed without much turmoil by both parties, settlements can be reached faster. You and your spouse should refrain from being becoming stubborn during the process and can...read more
Thanks to tax obligations and technology, finding hidden assets is easier than you think. If you are in the process of getting a divorce, knowing how and where to look for hidden assets can make a difference in how much you and your spouse ultimately walk away with in the divorce decree. Here are some tips to help you track down assets you suspect your spouse is hiding. Start With the Tax Return The tax return is more than just another financial document. It can contain clues about assets your spouse has tucked away. Although he or she...read more
If you're preparing to file for divorce, you may be considering whether you are going to file a no-fault divorce or a fault-based one. Although your divorce attorney may recommend one over the other, but either filing requires that you have some grounds for the filing. it is in your best interest to understand what actually constitutes a fault-based divorce, because the grounds for which you can file one are somewhat limited. Here are some of the things you should know about fault-based divorce before you finalize that petition. What...read more
Divorce is never easy on any members of the family, but it can have far-reaching effects on children. What some parents don't count on are kids who are actively trying to get their parents to reunite. They may be imitating popular books and films that present this as a possibility. "The Parent Trap" is a 1960's Disney classic film starring Hayley Mills, and the 1990's remake featuring Lindsay Lohan is equally beloved. Both films are about young twins who scheme to get their parents back together long after they...read more
Recently, a small child fell into the gorilla pit at city zoo, leading to the gorilla being killed. Surprisingly, some people wanted the mother charged with neglect, sending a chill into the hearts of many parents who have temporarily lost sight of their own children on occasion. Other parents have been charged with neglect for their disciplinary actions and other parenting choices that they make. What is child neglect and what should you do if you are accused or charged with it? Definition Child neglect is a serious charge and is usually...read more
If you fail to agree on your child's religion during a divorce, it will be up to the court to make the decision for you just as it will for other issues. The court doesn't have the power to impose a certain religion on a child. However, it will make its decision based on different factors, such as: The Age of the child If the child is old enough, then the court may let them choose their religion. This is because the constitution grants religious freedom to every American. Parents only get to choose their children's religion...read more
Divorce is almost always a difficult life experience, but few things are worse than staying married to an abuser. If you are to begin a new life safely, you must make preparations before the specter of divorce causes additional problems. Any of the below safeguards that can be accomplished in the period leading up to a separation and divorce can help keep you and your children from harm. Read on to learn about how to stay safe when divorcing an abusive spouse. Plan Ahead Being abused can cause you to feel worthless, but don't...read more


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Not to be outdone by Sky Atlantic, Channel 4 also offered the spectacle of two heavyweights toe-to-toe on home turf.
Tony Robinson was facing off against Grand Designs' Kevin McCloud in The Edwardian Grand Designer: a Time Team Special on Sunday evening.
The Edwardian in question was Sir Edwin Lutyens, an architect whose career spanned cosy Arts and Crafts homes, great monuments to imperial arrogance and sombre First World War memorials. The occasion was the National Trust renovation of one of his most intriguing buildings, Castle Drogo, in Devon, the last castle to be built on English soil.
You might think Drogo's leaky roof would undermine Lutyens' claim to sit alongside Sir Christopher Wren as one of our greatest architects, but as Robinson saw it, this was further proof of the man's genius. He always knew how to give clients what they wanted – even if what they wanted was an authentically flat-roofed Norman castle to shore up dubious claims of aristocratic lineage.
While McCloud praised the craftsmanship of a Lutyens chimney (tactfully, no one mentioned the big, ugly satellite dish attached to it), Robinson went further afield. The author William Dalrymple dished the dirt, describing the attitudes which informed Lutyen's Viceroy's Palace in Delhi as "somewhere between patronising and outrightly racist". Yet it stands still. As does the Cenotaph, a Lutyens design that we're bound to be seeing more of in this centenary year.Reuse content


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More than seven months after publishing its consultation paper, the European Securities and Markets Authority (ESMA) recently published final guidelines (Guidelines) on sound remuneration policies under the Alternative Investment Fund Managers Directive (AIFMD).
EU Member States are required to implement the AIFMD by 22 July 2013. Annex II of the AIFMD contains a set of remuneration principles with which alternative investment fund managers (AIFMs) managing certain alternative investment funds (AIFs) within the scope of AIFMD must comply when establishing and applying remuneration policies for certain types of employees. These principles will apply to a wide range of AIFMs, including managers of hedge funds, private equity funds and real estate funds to the extent that they are within scope of the AIFMD and require authorisation as "EU AIFMs".
The remuneration principles of AIFMD are substantially similar, but not identical, to those adopted in the Capital Requirements Directive III (CRD III). The CRD III remuneration principles were implemented in the UK through revisions made to the FSA's Remuneration Code on 1 January 2011 (SYSC 19A of the FSA Handbook). In amending its Remuneration Code, the FSA followed guidelines on sound remuneration principles under CRD III developed by the Committee of European Banking Supervisors (CEBS).
ESMA was required to develop the Guidelines to ensure common, uniform and consistent application of the provisions on remuneration in the AIFMD.
The principles discussed in this note apply to EU AIFMs. However, non EU AIFMs marketing AIFs in Europe will have to disclose certain information about remuneration in the annual report of the AIF (discussed further below).
Perhaps the most significant feature of the Guidelines is that they apply a "look through" of the remuneration principles to entities to which portfolio management or risk management activities have been delegated (discussed further below). The decision to extend the remuneration principles to delegated entities appears to represent a considerable departure from ESMA's consultation paper. It also appears to fly in the face of the responses to ESMA's consultation and, arguably, stretches the boundaries of the provisions of the AIFMD itself.
EU competent authorities, including the FSA's successor, the Financial Conduct Authority (the "FCA"), will have two months, following the publication by ESMA of translations of the Guidelines, to confirm whether they comply or intend to comply with the Guidelines by incorporating them into their supervisory provisions. To date, these translations have not been published. It is expected that most EU competent authorities will broadly comply with the Guidelines.
The Guidelines provide flesh to the bare bones of the AIFMD remuneration principles. The principles include a number of general provisions relating to the design, adoption, and review of remuneration policies, the overarching principle being to ensure that such policies are consistent with and promote sound and effective risk management. One particular principle requires certain AIFMs to establish a remuneration committee. Other principles require AIFMs (in broad terms) to ensure that for certain staff:
This OnPoint focuses on the following key issues:
Whilst this OnPoint covers issues (and raises questions) which are equally applicable to all EU jurisdictions, its focus is the UK.
Certain requirements relating to risk alignment should only be obligatory in relation to so-called "Identified Staff", although ESMA strongly recommends that they be applied AIFM-wide. These include the requirements relating to deferral, payment in retained AIF shares or units, and performance adjustment.
The following categories of staff will be assumed to be Identified Staff, unless the AIFM can demonstrate that they have no material impact on the AIFM's risk profile or the risk profiles of the AIFs they manage:
There are two important observations arising from the Guidelines in relation to Identified Staff which will be relevant to AIFMs:
ESMA has extended the remuneration principles of AIFMD beyond AIFMs to catch entities to which AIFMs outsource or delegate portfolio management or risk management activities. The rationale for doing so was to prevent circumvention of the remuneration principles. This is a departure from ESMA's consultation paper. It also runs counter to the responses to ESMA's consultation and arguably goes beyond the scope of the original directive. In more detail, the Guidelines require AIFMs to ensure that:
This gives rise to a number of open questions: Will the FCA or other competent authorities implement this Guideline? If so, what regulatory remuneration requirements will be considered "equally as effective"? Will only remuneration derived from the delegated activities count for these purposes? If so, how should the entity to which activities are delegated approach the task of apportioning total remuneration between delegated activities and other activities?
In Europe, competent authorities will need to consider whether, where an AIFM has delegated portfolio management to a firm authorised under MiFID, the remuneration principles established under CRD III will count as "equally as effective". The principles underlying both sets of guidance are substantially similar. However, the remuneration principles of CRD III appear to cover a potentially narrower range of staff than AIFMD.
In the US, Dodd Frank does contain provisions with regard to remuneration which have not yet been enacted. The question remains whether, when finalised, these will be deemed to meet the "equally as effective" test.
Remuneration is defined widely in the Guidelines as including, in exchange for professional services rendered by the AIFM's identified staff:
Given that many AIFMs are structured as limited liability partnerships, there is an important question over whether partnership profits will be covered by the remuneration principles of AIFMD. The Guidelines include a somewhat cryptic statement that: "Dividends and similar distributions that partners receive as owners of an AIFM are not covered by these guidelines, unless the material outcome of the payment of such dividends results in a circumvention of the relevant remuneration rules". Unhelpfully, the Guidelines add that whether there was any intention to circumvent the rules for this purpose is irrelevant. This "strict liability" concept goes beyond what is currently applicable under the CEBS Guidelines relating to CRD III.
The Guidelines again give rise to a number of open questions.
These questions are important for AIFMs structured as LLPs because there will be important potential tax consequences if the AIFM is required to defer payments to LLP members. LLP members pay tax on their share of the profits of the LLP in the year in which such profit is recognised, regardless of whether they have actually received any cash in respect of those profits. Deferral of 60% of an LLP member's profits for three years will leave him or her with a dry tax charge.
There are a number of possible answers to this mismatch. It may be that, in the case of LLP members, the deferral percentages will only be applied to the after tax sums. However, there is nothing in the Guidelines to support such an interpretation. Alternatively, it may be that this mismatch constitutes a proper rationale for seeking to disapply the principle of deferral.
The Guidelines provide that carried interest will constitute remuneration and therefore be subject to the remuneration principles of AIFMD. Accordingly, private equity firms (and other managers using carried interest models) within the scope of AIFMD will need to consider their carry structures carefully, especially once further FCA guidance is released. Situations where the fund is not on track to pay carry, "deal by deal" models and other more bespoke arrangements are likely to require particular attention. The principle of proportionality may be helpful in the context of preserving existing arrangements that have been negotiated with investors.
By contrast, co-investments will not be caught, provided that:
One of the most important aspects of the Guidelines relates to the interpretation of the proportionality principle. This is the principle that, in taking measures to comply with the remuneration principles, AIFMs should comply in a way and to the extent that is appropriate to their size, internal organisation and the nature, scope and complexity of their activities.
ESMA declined to adopt a tier or level based approach to proportionality based on size (similar to that applicable under the Remuneration Code) on the grounds that the size of an AIFM is only one element to take into consideration when applying proportionality. However, ESMA did take a more moderate position to that in the consultation paper in relation to proportionality. In its consultation paper, ESMA espoused the view that remuneration principles of AIFMD could be tailored, whatever that might mean, but could not be disapplied. This has changed. A number of remuneration principles may be disapplied or "neutralised" in their entirety, albeit in exceptional circumstances and taking specific facts into account and provided that:
There are four requirements which may be disapplied (and which must be disapplied in their entirety if disapplied at all). These are the requirements that:
The AIFMD requires AIFMs (including non EU AIFMs marketing AIFs in Europe) to produce an annual report for each financial year for each of the EU AIFs it manages and for each of the AIFs it markets in the EU. The annual report must be made available to investors on request, and to the relevant competent authorities of both the AIFM's home Member State (for AIFMs based in the UK this will be the FCA) and where applicable, the home Member State of the AIF. Such annual reports must contain, amongst other things:
There was a suggestion under the draft Guidelines that AIFMs would have to disclose this information publicly but the final Guidelines make clear that such disclosure need not necessarily be public, to the extent that the annual report of an AIF is not a public document.
AIFMs which are required to make public an annual financial report in accordance with the Transparency Directive (implemented in the UK by the Financial Services and Markets Act 2000 and the Disclosure Rules and Transparency Rules) can choose to provide any additional information disclosable under the AIFMD to investors either separately on request or as part of the public annual financial report.
The Guidelines state that the proportionality principle will apply to the type and amount of information to be disclosed and suggest that small or non-complex AIFMs and AIFs should only be expected to provide some qualitative information and very basic quantitative information where appropriate. AIFMs which adopt such an approach will need to disclose how they have applied the principle of proportionality.
The Guidelines also require AIFMs to make their remuneration policies accessible to all staff members.
In summary, there are a number of open questions arising out of the Guidelines, and there may be a questions and answers document issued by ESMA in due course. However, AIFMs need to start getting ready to comply now. Even with the transition provisions, the provisions will be in force by 22 July 2014. This means that AIFMs need to think about compliance well before the end of 2013, so that they are in compliance for the whole of the 2014 financial and remuneration year.
This OnPoint was authored by Jason Butwick and Ed Holmes with thanks to Gus Black, Declan O'Sullivan and Richard Heffner for their contribution.
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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
© Dechert LLP
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Continental Nissan
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Small size mealworms. Ideal for most lizards, turtles, fish, birds and small animals.
This full range of feeder insects are cooked in the can called "retorting" which locks in the flavour and freshness while also softening the exoskeleton for easier digestion.
Pet Food Range
Saturday 14 January 2017
Our product range is continuing to grow, and we are sure that will find something of interest.


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Horses are animals of power and beauty,ellegance and speed,what wonderful creatures
with flowing manes, pounding hooves and strapping muscles ,beautiful features
some cuddly and warm tempermented others cold and sour
eating grass and carrots continously by the hour
mares and stallions of grace and power
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Hearts have vowed to fight a charge of "failing to behave with the utmost good faith" over the alleged delayed payment of player wages which has been issued by the Scottish Premier League.
Disciplinary proceedings and the prospect of unlimited sanctions have been opened by the SPL, who determined January's wages, due on Monday, did not arrive on time. Hearts refute the claim.
Following a meeting of the SPL's board of directors, a statement was issued, charging the Edinburgh club, with a hearing to be scheduled in due course.
Hearts last night issued a short response and are determined to contest the charge.
A Hearts spokesperson said on the club's official website, www.heartsfc.co.uk: "The club has noted the decision of the SPL this evening and will defend its position at the appropriate time.
"The club will make no further comment on the matter."
Earlier, following the SPL's claim that the players' salaries were delivered after the midnight deadline, Hearts insisted they had "documentary evidence" to prove payment had been made on schedule for the first time since September.
The charge was issued following a meeting of the SPL board of directors - presently comprised of SPL chief executive Neil Doncaster, SPL chairman Ralph Topping, plus Stephen Thompson of Dundee United, Eric Riley of Celtic, Derek Weir of Motherwell and Steve Brown of St Johnstone.
An SPL statement issued after the meeting read: "The Scottish Premier League Board met this evening to consider the alleged failure by Heart of Midlothian FC to comply with the terms of the order made by the SPL on January 4, 2012 that the club pay the January wages due to the relevant players on the due date of January 16, 2012.
"As a result, Heart of Midlothian FC are being charged under SPL Rule A3.1 with failing to behave with the utmost good faith to the SPL.
"A hearing date will be notified to the club in due course."
Key to whether Hearts will be punished will be the technicalities of any breach - whether payment had to be made, or received, by midnight on January 16, for example.
Hearts contend salaries were processed from Lithuanian bank UBIG, controlled by Hearts owner Vladimir Romanov, on Monday afternoon.
But if they fail to provide the evidence, sanctions could be imposed, including the prospect of a large fine, docked points or a transfer embargo - all of which would have untold consequences on the future of the 138-year-old club.
Hearts are sure to contest any punishment which might result from the forthcoming hearing, with the Scottish Football Association likely to be required to hear an appeal.
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Click here for 48 Hours in Strasbourg map
Travel essentials
Why go now?
Although it can feel like a small town, Strasbourg is France's seventh-largest city, and its role as the home of the Council of Europe gives it a cosmopolitan air with plenty of cultural assets. The annual Jazz Festival (festival-strasbourg.com) is underway (until Thursday) and weekends throughout the summer are devoted to festivities involving food (6-10 July) and street theatre (12-15 August).
Touch down
The easiest way to reach the city from South East England is on Eurostar (08432 186 186; eurostar.com) from London St Pancras, changing between Gare du Nord and the nearby Gare de l'Est in Paris; journey time to the city's railway station (1) is around five hours.
Despite its international credentials, Strasbourg has no flights from the UK. Basel – an airport that straddles France and Switzerland and is a stone's throw from Germany – is a good alternative. British Airways (0844 493 0787; ba.com) and Swiss (0845 601 0956; swiss.com) fly from Heathrow; BMI (0844 8484 888; flybmi.com) flies from Heathrow and Manchester; and easyJet (0905 821 0905; easyjet.com) flies from Edinburgh and Gatwick.
On arrival at Basel airport, take the exit marked "France". For €1, a shuttle bus will take you to St-Louis train station, from where there is a regular rail service to Strasbourg (€40.40 return).
Get your bearings
The pink sandstone cathedral (2) dominates central Strasbourg, a largely pedestrianised area roughly oval in shape, which is known as the Grande-Ile. This is enclosed by the Ill river, which connects in turn to the Rhine some three miles from the cathedral. At the south-western edge of the old city is Petite France, a district once colonised by millers and tanners, who set up their workshops on the fingers of land that reach into the river.
North-east of the old city, on the far side of the Ill, is the German district, built between the two World Wars when Alsace was annexed to Germany. Beyond is the European quarter, home to several illustrious institutions.
The Tourist Office (3) is located on the cathedral square (9am-7pm daily). On sale here for €13.40 is the Strasbourg Pass, a book of tickets valid for three days which grants free access to attractions including a museum and a boat tour, and half-price entry to others. Further around the square, on the corner of rue Mercière, is the Boutique Culture (4), (open 12-7pm; Tues-Sat) which dispenses tickets and information on all manner of local events.
The main public transport is the excellent tram network, whose hub is at Homme de Fer (5). Buy a €1.40 ticket at any stop, and validate it onboard.
Check in
The four-star Cour du Corbeau (6) at 6-8 rue des Couples (00 33 3 88 37 10 10; cour-corbeau.com) is a recently refurbished 16th-century building constructed around an exquisite courtyard. Doubles from €273, room only. Hôtel du Dragon (7) at rue de l'Ecarlate 2 (00 33 3 88 35 79 80; dragon.fr) is located between the old city and Petite France and was patronised by Louis XIV when he visited the city. Doubles from €91, room only. Hôtel Suisse (8) is tucked behind the cathedral at 2-4 rue de la Rape (00 33 3 88 35 22 11; hotel-suisse.com) and has a pretty terrace. Room only from €78.50.
Day one
Take a view
Begin with a view of Strasbourg's spiritual and masonry heart, the cathedral (2) – notable for the ornately carved west façade and single spire (the foundations, built on the base of an old Roman church, were unable to support a second).
You can visit the interior any day, 7-11.15am and 12.45-7pm. The astronomical clock in the south transept, with its moving statues, is rich with images symbolising the passage of time. The Gothic rose window is one of the largest in France; a modern stained-glass window, donated by the Council of Europe, depicts the stars of the European Union in the halo around the Virgin's head.
Then climb the 329 steps (9am-7.15pm daily, €5) to the top of the tower, from where there is an impressive panorama over the city and beyond to the Vosges mountains and Germany's Black Forest.
Take a hike
Start in front of the cathedral (2). Head down rue Mercière, with its half-timbered houses and varied façades, and turn into Place Gutenberg (9). The elaborate Renaissance building dominating the square is the Chamber of Commerce; in front is a statue of Johannes Gutenberg, the 15th-century inventor of the printing press, who lived in the city.
Continuing along the rue des Serruriers, you pass the city's main Protestant church, St Thomas (10) – built, like the cathedral, in the local pink sandstone. Just beyond is the beginning of Petite France, a charming district characterised by bridges, locks and half-timbered houses. Look out for Mireille Oster's Pain d'Epices (11), a small gingerbread shop on the left-hand side of rue des Dentelles.
At the heart of Petite France is Place Benjamin Zix, dominated by the striking Maison des Tanneurs (12) – a tannery for nearly 400 years before it became a restaurant. Animal skins were washed, then hung up to dry on the roofs and balconies of the houses around the square.
Continue down the road to the quayside. To the left is the first of Strasbourg's so-called covered bridges (13): the wooden roofs, added to protect supplies of gunpowder, disappeared during the 17th century. Walk beside the river along quai Turckheim, and turn right into the Grand' Rue, a shopping street lined with 16th- and 17th-century houses. Turn left and head up the rue des Grandes Arcades to place Kléber, the city's main square.
Lunch on the run
The Brasserie de l'Aubette (14) on place Kléber is a popular spot for lunch. Quiches and salads are available from €8.50. If you prefer a picnic, the farmers' market (15), open until 1pm every Saturday in the place du Marché aux Poissons, is a good source of local meats, cheeses and bread.
Window shopping
Rue Mésange is lined with luxury boutiques such as Hermès (16), which contrast with the popular chain stores along rue des Grandes Arcades.
An aperitif
Choose from more than 300 different champagnes in the champagne bar in the Hôtel Régent Petite France (17) at 5 rue des Moulins, and enjoy a view of the water as you sip. More modestly priced, but just as scenic, are the bars along quai de la Bruche, beside the covered bridges: among the best is the Bar au Fantassin (18).
Dining with the locals
The house speciality at La Corde à Linge (19), at place Benjamin Zix in Petite France (00 33 3 88 22 15 17), is an Alsatian form of pasta called spätzle, served with a choice of sauces. For a French alternative, head for the place du Marché Gayot (20), a lively square lined with restaurants; Le Cornichon Masqué (00 33 3 88 25 11 34) at number 17 has a good selection of steaks and other classics from €17.50.
Day two
Sunday morning: go to church
St Pierre-le-Jeune (21) was founded in the 11th century. It became a Protestant church in 1524. Then in 1682 a dividing wall was built, cutting off the choir from the rest of the church, allowing the Catholic community to worship there again, too. This was removed in 1898 when the church once again reverted to Protestantism. Major renovations revealed the Gothic rood screen and some frescos, including one that depicts the nations of Europe marching on horseback towards the cross.
Out to brunch
The Art Café attached to the Museum of Modern and Contemporary Art (22) at Place Hans Jean Arp offers a copious brunch of eggs, smoked salmon and ham, bacon, sausages, fruit salad and pastries for €22. In summer this is served on the terrace, from where there are captivating views over the city.
Cultural afternoon
The contents of the Museum of Modern and Contemporary Art (22) are as appealing as the view – a permanent collection of works from the Impressionists onwards, a room devoted to local artist Gustave Dore, and a temporary exhibition showing the art and installations of Franck Scurti. It opens 10am-6pm at weekends, noon-6pm Tuesday, Wednesday, Friday, and noon-9pm on Thursdays; €7.
Back in the Old Town is the Le Palais Rohan (23), built for the Prince-Bishops and now containing several museums. Inside, the Museum of Decorative Arts (open 10am-6pm at weekends, noon-6pm on Mondays and Wednesday-Friday; €6) are the sumptuously decorated private apartments of the bishops.
Next to Le Palais Rohan (23) and the cathedral (2), the Musée de l'Oeuvre de Nôtre-Dame (24) (10am-6pm at weekends, noon-6pm Tuesday-Friday; €6) contains a collection of medieval and Renaissance art.
The city is celebrating the 80th birthday of its leading artist, renowned illustrator, Tomi Ungerer. You can see a retrospective of his children's books at the Tomi Ungerer Museum (25) at Avenue de la Marseillaise, until 7 August.
A walk in the park
The Parc de l'Orangerie is an extensive green space that connects the European quarter with the German district. With its lake, trees, paths and flowerbeds, it is a delightful spot for walking and picnicking. Attractions also include a café, a children's play area and a small zoo.
Take a ride
For an alternative perspective of Strasbourg, take a one-hour cruise on the river Ill, starting from the landing stage (26) on the quai aux Sables and sailing clockwise around the city centre. There is also a short detour up to the European quarter, whose buildings include Richard Rogers' stainless-steel European Court of Human Rights (27).
Batorama (00 33 3 88 84 13 13; batorama.fr) boats depart every half-hour from 9.30am-9pm, €9.Reuse content


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Whatever Lord MacLaurin says (and in Pakistan they rather wish he had said nothing), this country can still lay claim to having conducted the most thorough investigation into match-fixing. The Qayyum Report, running to 30,000 rational, well-argued words, based its findings on the facts it gathered rather than gossip, supposition and innuendo.
Whatever Lord MacLaurin says (and in Pakistan they rather wish he had said nothing), this country can still lay claim to having conducted the most thorough investigation into match-fixing. The Qayyum Report, running to 30,000 rational, well-argued words, based its findings on the facts it gathered rather than gossip, supposition and innuendo.
Suspicion of match-rigging is one thing; proof is quite another. While most taxi drivers here wink and nudge about, say Wasim Akram (who received a hero's welcome when he went out to bat in the Karachi one-dayer), that is what taxi drivers are meant to do. Mr Justice Qayyum is not a cabbie.
However, it seems that Pakistani cricket has entered a period of denial about the whole affair. Wasim, who was, in theatrical terms, given a poor notice by Qayyum, will barely talk about it. His take is that it simply did not happen. Let's get on with the cricket.
Then, there is Javed Miandad, the national team's coach and perhaps the fiercest competitor to emerge from this hardly timorous country. It is widely circulated - though it is hardly evidence in Qayyum terms - that Javed walked out of the coach's job the first time he had it last year because he was alarmed at what was going on. Getting into bed with bookies is not Javed's style: he is too busy trying to win. He scored 7,381 Test runs - a total which remains easily Pakistan's highest - and 8,832 in one-dayers, and is second only to Allan Border in total international runs.
But he, too, is not slow to obfuscate on the issue. When he speaks it is always tempting to investigate his mouth for the signs of butter refusing to melt. He did not create a reputation for being the craftiest man in world cricket by lacking charm, and he still exudes it.
"As far as Pakistan is concerned and as far as I'm concerned I think that chapter has been closed for a long time," he said. "They don't have anything in their minds and I don't want to talk about this sort of thing because it's not our job. It's between the officials and the board - it's their job."
Which brings us to Lt Gen Tauqir Zia, chairman of the board, a military appointment, a man who has seen action on the front line at the North-West Frontier and is not to be messed with. The feeling is that any players tempted by corruption will do so at their peril.
Say that again
Matters can be lost in translation, naturally, and it is certainly not permissible for the English, a steadfastly, not to say arrogantly, monolingual nation if ever there was one, to point the finger at others.
However, it is intriguing to note that what Pakistani cricketers say about the tourists to the English differs in tone and content from what they say to their compatriots. Take, for instance, Moin Khan, Pakistan's captain who spoke after their victory in Lahore on Friday night. In English, he said that he wanted to field first because of the conditions and the playing of three spinners depended on that. He would not be drawn further. In Urdu he said: "Spin could be our trump card. England were a little bit exposed. Our bowlers were under instructions to bowl tight. England crumbled under the pressure." Of course, something might have gone missing in translation.
Then, there is Waqar Younis, who has an article in the the tour's official magazine. Waqar recalls the controversial 1992 season in England: "I joined Wasim to destruct [sic] the English batting. Amidst charges of ball-tampering and the frequently hurled sarcasm I felt energized, never saying die."
And of England generally: "That peculiar aroma, the monotones, boring ambience and a mechanized life attract you little but the wetness, thick biting air and a 10-over spell at Kennington ensures that you go to cricket." Well, it would.
Soothing field
To the westerner the very name is a deterrent: the Gadaffi Stadium. The Colonel and Libyan leader after whom the ground is now called is a bête noir, a bogeyman second only to Saddam Hussain of Iraq.
But the Gadaffi Stadium, where Pakistan beat England on Friday and where the first Test will be played next month, is one of the most pleasing grounds in the world. Its outfield is a lush green, the middle is true and bare. The playing area is surrounded by circular seating consisting of enclosures named after great Pakistani cricketers - as has become de rigueur here - and the whole is topped by a sequence of arches. It is well equipped and there is a freshness and lightness about it not encountered on English grounds.
The ground was opened in the late Fifties, simply as Lahore Stadium then and was originally meant as the central venue for the Asian Games. It should be a soothing place and indeed the 50,000 spectators on Friday seemed less frenetic than their counterparts at Karachi, though these matters are relative. It turned out that there had been what close observers called "gross mismanagement." Thousands of people who had bought tickets were refused entry because their seats had also been allocated to "administration officials." Elsewhere round the ground prices were slashed at the last minute. The PCB were accused of pitching prices too high. Now, that is something we can identify with in England.
Atherton still there
The electronic scoreboard cranked into life immediately as England were sent into bat in Lahore on Friday. It was new technology but it rolled back the one-day years. Opening the England batting it revealed were A J Stewart and, for a couple of overs at least, M A Atherton. Not so. Athers, always risibly underrated as a one-day batsman, last played in 1998. Perhaps the Lahore scoreboard operators were giving us a hint.Reuse content


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Can't wait to see what's happening at Lockhart & Gardner on "The Good Wife" in the Season 2 premiere? Zap2it's got you covered.
The premiere features Alicia Florrick (Julianna Margulies) torn between her passion for Will (Josh Charles) and her marriage to Peter (Chris Noth) and being forced to make a choice. Meanwhile,
she must face off in court against one-time colleague Cary (Matt
Czuchry), who is now working for the State's Attorney's office.
Furthermore, Diane (Christine Baranski) welcomes a new partner (Michael Ealy) to the firm and Alicia goes in front of Hon. Howard Matchick (guest-star Chris Sarandon) on a Fifth Amendment case.
"The Good Wife" premieres Tuesday, Sept. 28 at 10 p.m. ET on CBS.
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