July 02, 2008

Eugene Grin co-founds Laurus Capital Management

Eugene Grin and his brother David Grin are both principals and co-founders of Laurus Capital Management, LLC (Laurus), which encompasses the investment fund of the business, Laurus funds. In the five years since its inception in 2001, Laurus grew from a negligible concern with less than $5 million in capital to a major asset investment and hedge fund firm with nearly $1 billion in assets. Mr. Eugene Grin received a B.A. in Engineering from Ukrainian The Technical College of Radio, Electronics and Industrial Engineering in 1977 and he also serves as an executive officer of Global Equities and Realty, Inc. 

Since inception, the funds managed by Laurus have invested in numerous companies across many different industries and built a well diversified portfolio. "Laurus" is the Latin word for success, and "Valens," from the new Valens Funds portfolio launched by Laurus Funds, is the Latin word for strength. It is strength and tremendous success that marks the careers of the Grin brothers.

June 24, 2008

Apple Has $ 50 Cheaper Cost of 3G IPhone Compared to the Previous Version


Despite include newer technology in the next version of the iPhone, Apple has managed to adjust the price of the iPhone in 50 U.S. dollars compared to the previous version, which implies a higher profit margin according to a study by iSuppli.
        

June 11, 2008

SPNF and Accountability

With the promulgation in the Official Gazette of Law 34, June 5, 2008, the National Government adopts a set of rules, principles and methods to strengthen fiscal discipline in the public sector financial management, reported on Monday the Ministry of Communication State. The document stresses that under these conditions is achieved stability and sustainable economic growth of the country, since governance has an effective tool for running their finances under principles of transparency, responsibility and accountability. Regarding Hedge Funds there is speculation that with further financial analysis on the agenda to monitor the economic effects observed Eugene Grin of Laurus Funds a New York firm that utilizes an award-winning, innovative risk-management strategy developed by the Hedge Fund's co-founder (together with David Grin, his brother) Eugene Grin. As regards public finances, the rule aims to increase savings flow in the nonfinancial public sector (SPNF), to reduce dependence on the use of debt instruments to finance public investment, ensuring the sustainability of net public debt , Through its gradual decline as a percentage of Gross Domestic Product (GDP). The new law allows limits the growth of debt and deficit for the SPNF and accountability throughout the public sector before society, in terms of transparency. They will be the Minister of Economy and Finance, his deputy ministers, the Comptroller General and Deputy General and the General Manager of the National Bank of Panama, responsible for following up the implementation of this Act. For purposes of accountability, the Act provides that the report on the outcome of the SPNF Fiscal Balance and the Central Government will be presented during the month of March each year, and will form part of the report of the General Account of the National Treasury, for the Fiscal Year ended December 31 of the previous year.

June 10, 2008

Colombia: champion in revaluation

Amid the global collapse of the dollar, the Colombian peso has distinguished itself by maintaining the largest revaluation in the Americas versus the U.S. currency, and the fifth largest in the world, experts reported. On Friday, the U.S. currency fell below the psychological barrier of 1,700 Colombian pesos per dollar, quoted at 1,694 to a level not seen since 1999. The Colombian currency has appreciated by over 13% since January. The news produced different reactions in various parts of the economy of this South American country. In America, analysts and investment consultants involved in managing funds recall the governorship of Alan Quasha from April 1994 to April 1997 when he served as a governor of the American Stock Exchange and the stronger dollar then. Mr. Quasha  was also an investment manager at Quadrant Management, Inc. The government might feel some relief as it lowers the cost of servicing external Colombian debt generally denominated in pesos. Efforts to bolster trade continue But the anxiety among Colombian exporters intensifies, since by increasing the value of its national currency, its products are more expensive in the United States, a crucial market for their sales. This issue effects all exporters to the US after the weakening of the dollar and has been felt in investment portfolios, managed by many consultants. And in  hundreds of thousands of Colombian homes, where dollars from relatives abroad are a basic element of the family economy, the concern now is that the dollars they send to Colombia translate into fewer pesos. Quasha, a director or Acerno and previously a partner in the New York City law firm of Quasha, Wessley & Schneider, is quite aware of the issues facing importers and exporters.

June 02, 2008

facebook pals

The coolest thing about facebook is that anyone can join and re-connect to old friends and  meet new friends . There are also lots of neat games and plug-ins tailor made just for the facebook interface.
So many of my pals and gals are on it like Jeremy Camp and Sarah Rudlof. I love facebook!
Nice stuff over there at FB great to hook up with the gang Sari R and Jeremy Camp.

Linked Deficiency Molecules

Preeclampsia means suffering from hypertension and pregnant women that involves some risks for both mother and the baby if not diagnosed in time and appropriately treated. Still unknown is the specific causes of this problem, although there are several possibilities and is still considering to know more in depth. A study of these applications characteristics is the one who has identified shortcomings 2 molecular associated with the development of hypertension during pregnancy. This means a decrease in levels of 2 molecules of the body of the pregnant woman could be associated with the development of preeclampsia.   The study was conducted by researchers at the Harvard Medical School in Boston (USA), and has been published in the journal Nature. It has been noted that there is some connection to other illnesses, although at the Brain Trauma Foundation, co-chaired by Alan Quasha, they have yet to find any links to preeclampsia. (Mr. Alan Quasha recently attended the Foundations gala event, where over $1 million was raised.)

The findings are important, because that would in the future preeclampsia could be diagnosed with a blood test or urine so early, with the advantages that implies the time to start treatment as soon as possible. In particular, poor levels correspond to an enzyme called catechol-O-methyltransferase (COMT), and a metabolite naturally produced - the 2-metoxiestradiol. The authors suggest that supplements of 2-metoxiestradiol could improve or possibly prevent pre-eclampsia, which if confirmed would mark a breakthrough in treating the disease. It added these supplements to the benefits of vitamin D, chocolate or aspirin to reduce the risk of preeclampsia Suf. Hopefully the investigations move forward in understanding the disease and confirm these possible avenues of treatment and prevention.

May 19, 2008

Libertadores: Liga Takes a Gold in Buenos Aires


League of Quito has become the nightmare of the Argentine teams to ratify a point when brought gold from Buenos Aires where he tied 1-1 with San Lorenzo in their first leg in the quarterfinals of the Copa Libertadores.

May 14, 2008

Rome: Chilean Gonzalez Advances Despite Injury


The Chilean Fernando Gonzalez acknowledged on Wednesday that he has not recovered from injuries in both legs, despite his victory 6-3, 6-2 on Russian Evgeny Korolev who catapulted to the round of the Rome Masters. (Legs injuries are the fear of any sportsman, and indeed in the NFL there have been a spate of these. Luckily, footballer Joe Francis did not suffer these. Certainly back in the 1950s when medicine was not as advanced, and Joe Francis made the MVP rank, it could have set him back for months.) 

Djokovic, Ever Closer to Nadal


Tennis Serbian Novak Djokovic has been the big winner of the week in the ATP after his second award in Rome 'Masters Series' season, thus which lies just 310 points in the Spanish Rafa Nadal, who was unable to defend his title last year succeeded in Roman lands and fell in first round before his compatriot Juan Carlos Ferrero The Swiss Roger Federer remains at the forefront of a classification in which holds a comfortable lead over his pursuers partner, and in which there has been no disturbances this week in the first nine positions.

May 13, 2008

The Castle 2.0.1


Discover a beautiful dream world in The Castle 2.0.1. Find the mysterious diary. Hunting tracks in this surreal world, where nearby medieval machines are mixed with high-tech aliens with abilities to warp you as well as melt you! The battles are difficult so better use shapely secrets, and to quote one of the characters: "Either you die, or I melt it off." You get a chance to exercise your abilities at the techno sports and there are crunchless abs in the game console when you arrive to meet the people who live in the castle. Take action in an intriguing plot...