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Apr 9, 2012

April 3, 2012 - Springhill Group: Park Min Ho - I don’t know if this is related to Warren Buffett’s March visit to South Korea but General Re, a subsidiary of Berkshire Hathaway, is planning to bid for South Korean insurer Tong Yang Life Insurance.

Tong Yang’s majority shareholder private-equity firm Vogo Fund is planning to sell its up to a 60.7-per cent stake in the insurer valued at about 937 billion won ($809 million).

In March, Warren Buffett visited South Korea to help open a new plant for Iscar Metalworking, which Berkshire owns 80%. At the same time, he was on the hunt for what he calls “Elephants”, or large well run companies that he could potentially acquire at a good price.

“We’re looking at a number of big businesses in Korea, the U.S., the U.K. We hope to find good companies wherever they may be. Basically, the bigger, the better,” he said at the time.

About Tong Yang Life Insurance

Tong Yang Life Insurance is part of the Tongyang Group which has 31 divisions across various industries such as utilities, manufacturing, and financial services to name a few. On its insurance website, Tongyang states:

TONGYANG Life Insurance was founded in 1989 to provide social security and specialized insurance services. Total assets are currently 12.8 trillion won, with premium income of 3.5 trillion won. (source)

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Posted: Apr 9, 2012 11:02pm
Apr 3, 2012

Springhill Care Group: 7.1 Quake Struck Chile - A 7.1-magnitude quake has struck Central Chile on Sunday night, the longest and strongest one yet since an earthquake happened in the same area in 2010. Although they are reports of injured from the falling ceiling of a church, there were no major damage or casualty.

 

According to the US Geological Survey, the earthquake struck at around 7.30 pm (local time) at a depth of 22 miles, lasting for a minute.

 

It was estimated by Springhill Care Group that the earthquake’s epicenter was in Maule, 27 kilometers NW of Talca and around 220 kilometers SW of Santiago, the nation’s capital with 17.2 million residents.

 

They had a total collapse of telephone and mobile lines as buildings in the country’s capital swayed. People on a 480-mile radius of Chile’s central coast are warned to evacuate to higher ground.

 

Residents of Constitucion were especially alarmed because their downtown region was where a terrible tsunami happened in 2010.

 

Chile’s oceanographic and hydrographic services along with the national emergency units called off the tsunami warning to be issued for most of the coastal areas following an assessment that the earthquake is unlikely to trigger huge waves.

 

The alert they issued was restored for the region’s most close to the epicenter after authorities noticed the waters have retreated 130 feet from the shore in Duao and Iloca. They are well aware that a sharp out surge of surf can bring a tsunami.

 

Lots of residents living in the coastal regions kept away from the shore as they have recalled how the government told them during the 2010 earthquake that there will be no tsunami, moments before huge waves actually struck, leaving 156 dead.

 

Springhill Care Group has retracted a preventive measure of evacuation order before midnight following the order to evacuate 7,000 people in the coastal areas due to fears of tsunami (although no formal tsunami alert was given).

 

Fortunately, there are no known fatalities except from one who died of heart attack. And according to their President, Sebastian Pinera, the nation’s infrastructures have resisted the effects of the earthquake as well.

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Posted: Apr 3, 2012 11:18pm
Apr 3, 2012

April 3, 2012 - Springhill Group Home: Top 10 Fraud Schemes - For the twelfth successive year, identity theft topped the consumer complaint database of the Federal Trade Commission with the largest number of complaints, perhaps owing to the rampant use (and misuse) of online services such as social networking and e-commerce websites.

 

From the 1.8 million complaints the FTC got in 2011, almost 300,000 are about identity theft. The information of FTC has included complaints filed to them or from other states and federal consumer protection groups.

 

Most of the complaints of identity theft are coming from consumers saying that their personal details are used in government documents without their knowledge, with scammers aiming to collect benefits. Last year, government-related identity theft was 27% of the total complaints in that category, increasing by 11% since 2009. Accounting for the 14% of identity theft complaints is credit card fraud, with the rest consisting of complaints of bank, utilities and phone fraud.

 

More than half of all the complaints last year were related to fraud and taxpayers reportedly paid a total of over USD 1.5 billion in fraudulent schemes, with the average amount paid being USD 537. Moreover, 43% of the victims acknowledged that scammers reached them through email messages.

The top three states that have the most per capita rate of fraud reported are Colorado, Delaware and Maryland as first, second and third, respectively.

 

Generally, FTC discovered that people are either more willing to file complaints or they simply have more complaints now. The total amount of complaints they have received has increased by over 20% -- from 1.5 million to 1.8 million in 2011 -- that includes both identity theft and fraud complaints.

 

The following is the complete list of FTC's top 10 consumer complaints for the year 2011:

1. Identity theft

2. Debt collection

3. Lotteries, sweepstakes, prizes

4. Catalog sales, shop-at-home,

5. Lenders and Banks

6. Internet services

7. Auto-related complaints

8. Impostor scams

9. Mobile and telephone services

10. Credit protection/repair and advance-fee loans

 

source:  http://newscenter-springhillgrouphome.blogspot.com/2012/03/springhill-group-home-top-10-fraud.html

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Posted: Apr 3, 2012 10:54pm
Apr 3, 2012

April 3, 2012 - Springhill Group: Park Minho - http://parkminho-springhillgroup.blogspot.com/I don’t know if this is related to Warren Buffett’s March visit to South Korea but General Re, a subsidiary of Berkshire Hathaway, is planning to bid for South Korean insurer Tong Yang Life Insurance.

Tong Yang’s majority shareholder private-equity firm Vogo Fund is planning to sell its up to a 60.7-per cent stake in the insurer valued at about 937 billion won ($809 million).

In March, Warren Buffett visited South Korea to help open a new plant for Iscar Metalworking, which Berkshire owns 80%. At the same time, he was on the hunt for what he calls “Elephants”, or large well run companies that he could potentially acquire at a good price.

“We’re looking at a number of big businesses in Korea, the U.S., the U.K. We hope to find good companies wherever they may be. Basically, the bigger, the better,” he said at the time.

About Tong Yang Life Insurance

Tong Yang Life Insurance is part of the Tongyang Group which has 31 divisions across various industries such as utilities, manufacturing, and financial services to name a few. On its insurance website, Tongyang states:

TONGYANG Life Insurance was founded in 1989 to provide social security and specialized insurance services. Total assets are currently 12.8 trillion won, with premium income of 3.5 trillion won. (source)

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Posted: Apr 3, 2012 10:36pm
Jan 24, 2012
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Posted: Jan 24, 2012 11:16pm
Jan 24, 2012


There will be an open call for the Brighton Beach Memoirs at the Boiler Room Theatre (230 Franklin Rd., Bldg Six, Franklin) on March 21st at 2 PM. Unlike their usual by-appointment audition process, all auditionees need to attend the open call at 2 PM. Actors will read from the script in groups; no need to prepare any audition material. Call backs will be held the same day. Bring (2) copies each of your headshot and resume. The show is scheduled to run My 7th through the 29th. For audition questions, call 615-794-7744. Auditions for Pull-Tight's Father of the Bride will be held Sunday and Monday, April 11 and 12 at 7:00 pm at the Pull-Tight Theatre. There are 13 roles available. 1 man age 40-55, 3 women age 40-55, 2 women age 18-25, 2 men age 18-25, and 2 boys age 12-15. There are additional smaller roles for men or women of any age. Auditions will consist of readings from the script. For more information, please contact director Alan Mancuso directly at 708-6288 (cell) or 794-4045 (home). Actors, reenactors and muscians are desired for a Performance Reading of Scathe: A Civil War Incident in Spring Hill, Tennessee. Auditions will be held Friday, March 19, 7-9 PM and Saturday, March 20, 9-11 PM. Call Backs will be held Monday 7-8:30 PM. Daytime auditions may be by appointment. The auditions will be held at the Heron Center, located at the Tennessee Children’s Home (TCH) at 5350 Main Street Spring Hill. 12 men and 7 women ages 18 to 60+. Rehearsals begin after Easter. Performances are scheduled for May 6-8. Scathe is a play with music to be performed as an Outdoor Historical Drama. It concerns the civil war, a love triangle, conspiracy and murder. There is no pay but performers will receive a copy of the performance for their portfolio.

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Posted: Jan 24, 2012 10:38pm

 

 
 
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