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  • vactorboy29
    02-19 01:11 PM
    THIS IS AMERICA AND AMERICANS A Swiss Bank Is Set to Open Its Secret Files
    In the hush-hush world of Swiss banking, the unthinkable is happening: secrets are spilling into the open.

    UBS the largest bank in Switzerland, agreed on Wednesday to divulge the names of well-heeled Americans whom the authorities suspect of using offshore accounts at the bank to evade taxes. The bank admitted conspiring to defraud the INTERNAL REVENUE SERVICES and agreed to pay $780 million to settle a sweeping federal investigation into its activities.

    It is unclear how many of its clients� names UBS will divulge. Federal prosecutors have been examining about 19,000 accounts at the bank, but UBS ultimately may disclose the identities of only a few hundred customers.

    But to some, turning over any names at all heralds the end of the secret Swiss bank account, whose traditions date to the Middle Ages.

    �The Swiss are saying that this is the end of Swiss banking as they knew it,� said Jack Blum, an offshore tax specialist. �Nobody will trust the security of the Swiss bank account.�

    As part of the settlement, UBS agreed to cooperate with a broad summons issued by the Justice Department to turn over the names. Under the terms of a so-called deferred prosecution agreement, the bank and its executives could be indicted if UBS didn�t identify the customers.

    UBS has said it is closing the offshore accounts of its American clients. But under the deal with the United States authorities, the bank must provide periodic written evidence of that to prosecutors. UBS earned $200 million annually from the business.

    Prosecutors suspect that from late 2002 to 2007, UBS helped American clients illegally hide $20 billion, letting them evade $300 million a year in taxes.

    In a striking admission, UBS said that from 2000 through 2007, some of its private bankers and managers had �participated in a scheme to defraud the United States� and the I.R.S. by helping American clients set up and conceal offshore accounts. The scheme involved falsifying or not properly obtaining or filing certain tax forms required of both the bank and its clients.

    UBS�s offshore private banking business once employed some 60 private bankers in Lugano, Zurich and Geneva. Prosecutors claimed UBS referred clients to lawyers and accountants who set up secret offshore entities to conceal assets from the I.R.S.

    UBS urged some American clients to destroy records and to stash watches, jewelry and artwork that they had bought with money hidden offshore in safe deposit boxes in Switzerland. The bank also encouraged them to use Swiss credit cards so the I.R.S. could not track purchases. In a statement on Wednesday, Peter Kurer, the chairman of UBS, said that �UBS sincerely regrets the compliance failures in its U.S. cross-border business that have been identified by the various government investigations in Switzerland and the U.S., as well as our own internal review. We accept full responsibility for these improper activities.�

    Marcel Rohner, the group chief executive of UBS, said in a statement that �it is apparent that as an organization we made mistakes and that our control systems were inadequate.�

    In January a senior UBS executive, Raoul Weil, was declared a fugitive, two months after being indicted by a federal judge in connection with the investigation of the bank. Mr. Weil, a Swiss citizen, oversaw the cross-border private banking operations from 2002 to 2007.

    UBS had fiercely resisted turning over the names, even after some executives were indicted and implicated in the offshore private banking business. Swiss law distinguishes broadly between tax avoidance, tax evasion and tax fraud. Unlike in the United States, tax evasion is not a criminal offense under Swiss law.

    The move by UBS to settle the case, on the eve of a Senate subcommittee hearing next Tuesday on the matter, signals how close the bank came to being indicted for not cooperating with prosecutors. Indictment is a near-certain death knell for corporations.

    Of the $780 million that UBS will pay, $380 million represents disgorgement of profits from its cross-border business. The remainder represents United States taxes that UBS failed to withhold on the accounts. The figures include interest, penalties and restitution for unpaid taxes

    As part of the deal, UBS also entered into a consent order with the Securities and Exchange Commission in which it agreed to charges of having acted as an unregistered broker-dealer and investment adviser for Americans.

    The settlement caps a painful run for UBS, which suffered more than $50 billion in losses in the collapse of the American mortgage market and received a $60 billion bailout from the Swiss government last October.

    The bank will not have to pay additional fines and penalties, which could have brought the deal to more than $1 billion. People briefed on the issue said the banking crisis and the recession were factors in this decision by prosecutors.



    --------------------------------------------------------------------------------





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  • jamesbond007
    09-11 01:00 PM
    Since there was talk of the HR 5882 being taken up in two months time in a lame duck session, I thought it might be helpful to have this on this page.

    Source = http://usgovinfo.about.com/od/uscongress/a/lameduck.htm

    Lame Duck Sessions of the U.S. Congress
    Once rare, now commonplace
    By Robert Longley, About.com

    Lame duck sessions of the U.S. Congress happen in even numbered years when Congress has to reconvene following the November general election to take care of unfinished legislation. Some lawmakers who return for this session lost their bids for reelection and will not be in the next Congress. Hence, they are informally called "lame duck" members participating in a "lame duck" session.
    The possibility of lame duck sessions of Congress began in 1935, when the 20th Amendment1 to the U.S. Constitution2 took effect. Under this amendment, ratified in 1933, regular sessions of Congress begin on January 3 of each year, unless Congress passes a law in the previous session changing the date. Also, the terms of members begin and end on January 3 of odd-numbered years. Under these arrangements, any meeting of Congress between election day in an even-numbered year and the following January 3 is considered a lame duck session.

    Why lame duck sessions are bad
    Lame duck sessions are never desirable. Defeated lame duck lawmakers, knowing they will not have jobs in the new Congress, either tend to "just go through the motions" while debating and voting on remaining important legislation or, in worse cases, attempt to hinder or even damage the lawmaking process. On the state level, the legislatures of only 11 states even allow lame duck sessions.

    By far the most dismal scenario for a lame duck session is whenever one of the two major political parties has taken away majority control of one or both houses of Congress from the other party, as happened after the 2006 mid-term election, when the Democrats won control of both the House and Senate from the Republicans. In these instances, with political tempers already running hot, the temptation for lame duck members to vent their frustrations by working to stall good bills, while turning bad bills into worse laws, becomes even greater.

    Why lame duck sessions happen
    Once rare, lame duck sessions have become all too common. The final days of the 109th Congress in November and December of 2006 became the 16th lame duck session since 1940.

    The typical "target" date for the annual adjournment of each session of Congress is during the first week in October. The target adjournment date has become a total myth in recent years. The first session of the 109th Congress, for example, did not achieve final adjournment until Dec. 22, 2005.

    During far too many recent years, the main reason for lame duck sessions has been Congress' failure to complete its work on the spending, or "appropriations" bills that form the basis of the annual federal budget. By law, the federal budget process3, including passage of the spending bills, begins the first Monday in February of each year and should be concluded by October 1st, the start of the federal government's Federal Fiscal Year. Failing to pass the spending bill by October 1, Congress is compelled to pass "continuing resolutions4," legislation that allows the government operate temporarily without an approved budget at the previous year's spending levels.

    Lame duck sessions: some bad, some not so bad
    Some sessions are not particularly productive, often because of political disputes and the difficulties of reaching legislative decisions in a post-election environment. In 1982 and 2002, for example, Congress returned after the November election in part to complete work on most of the spending bills. In each case, it failed to do so and the new Congress had to enact large continuing resolutions to fund government operations for the fiscal year already in progress.

    Other lame duck sessions, such as the one held in 1980, have been more productive. On that occasion, Congress approved budget resolution and reconciliation measures, five regular appropriations bills and a continuing resolution, an Alaska lands bill, a landmark environmental cleanup "superfund" bill, a measure extending revenue sharing, a revision of military pay and other benefits, and a bill changing the appointment power of the Senate President pro tempore.

    This About.com page has been optimized for print. To view this page in its original form, please visit: http://usgovinfo.about.com/od/uscongress/a/lameduck.htm

    �2008 About.com, Inc., a part of The New York Times Company. All rights reserve





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  • sjhugoose
    February 4th, 2004, 09:01 PM
    Actual daily press and wire service photographers will undoubtly use 4mp. You may not be aware, but all the goreous 2 column color shots you see on USA Today etc. are printed from files that are usually 700k - 800k. There are heavily compressed for transmitting. All the wires do that. They don't get full files. The most attractive things to me are the high ISO performance, the ability to customize colorspace amd I'm anxious to test the new autofocus capabilities. The 8 mp is a plus for shooting for a mag or other output. Even at that, I've had 1D shots as a glossey mag color that looked great. One advantage higher megapixels give a sportshooter is for sports like football. Due to the size of the field, the ability to crop more gives you more field coverage. But then the question is will you have enough time to work with files that are twice the size. I'm sure that's why Canon listened and gave us 4 MP as an option.


    I don't doubt what you say on iota and I've heard stories from the Day in the life of africa talking about the abilities of digital. But I also know the ability of this world to adapt and grow. Today people ay complain about file size but who knows tomorrow. And what about when thos same PJ's want that image for other form factors than may require greater resolution? It's an evolving world and its pretty short sided to believe that a certain file size is all that will be used.

    Scott





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  • swede
    09-20 01:23 PM
    The diversity:
    The common ground:

    Justice for all.

    It doesn't matter where we come from. The system unfair to everyone, and even more unfair to some.
    It's not so important how much you contribute or how many posts you write in the forum.
    It is more important that you spread the word and make people understand the problem.
    It was very encouraging to see all at the rally and that people actually took time to read our signs and then agreed with us. Having US citizens join the rally is awesome! True American spirit!

    I hope to see more people at the next rally. I can recommend it.
    And remember:
    "If you don't care about your own future, no one else will."



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  • vikramy
    12-22 03:56 PM
    Our company is supporting semi conductor firms IT operations with both offshore and onsite. So basically all our work is already at minimum expense, but still our company is asking us to move many more jobs to offshore. They have stopped funding of all new project.

    So i think it's pretty tough. But brighter side is in the market there are still some jobs





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  • inskrish
    07-20 07:03 PM
    My Birth Certificate is in the Regional Language of the State that I was born in India. The name of my parents are in English and misspelled. please advice what additional supporting documents do I need to submit for filing I-485.

    Please advice.

    Hi Sxk,

    You have to contact a certified foreign language translator in your area and get your document translated in to English, but I am not sure how to handle the spelling mistake issue. However, spelling mistake in parents name is not a major issue, and USCIS will send RFE when there is a spelling mistake in applicants' names.

    Regards,
    IK



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  • chintu25
    02-11 03:52 PM
    I think with such a huge number of applicants .... The USCIS will now publish dates like this

    EB2 .....on June 2001 recieved before 11.45 AM
    EB3....on May 2001 recieved before 10.30 AM

    But on a more serious note...Let us concentrate on the letter campaign .





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  • Pegasus503
    02-11 02:13 PM
    Guys/Gals,
    Please predict about eb3 ROW movement as well.
    When do you think it will move to 2004 APR?


    Here's the ROW EB3 history

    Visa Bulletin date
    Apr-05 c
    May-05 c
    Jun-05 c
    Jul-05 u
    Aug-05 u
    Sep-05 u
    Oct-05 1-Mar-01
    Nov-05 1-Mar-01
    Dec-05 15-Mar-01
    Jan-06 1-Apr-01
    Feb-06 22-Apr-01
    Mar-06 1-May-01
    Apr-06 1-May-01
    May-06 1-May-01
    Jun-06 1-Jul-01
    Jul-06 1-Oct-01
    Aug-06 1-Oct-01
    Sep-06 1-Mar-02
    Oct-06 1-May-02
    Nov-06 1-Jul-02
    Dec-06 1-Aug-02
    Jan-07 1-Aug-02
    Feb-07 1-Aug-02
    Mar-07 1-Aug-02
    Apr-07 1-Aug-02
    May-07 1-Aug-03
    Jun-07 1-Jun-05
    Jul-07 1-Jun-07
    Aug-07 1-Jul-07
    Sep-07 1-Aug-02
    Oct-07 1-Aug-02
    Nov-07 1-Aug-02
    Dec-07 1-Sep-02
    Jan-08 15-Oct-02
    Feb-08 1-Nov-02



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  • belmontboy
    07-19 04:49 PM
    its obvious that everyone of us is interested in seeing this change.

    With the recent campaigns (flower, signature) success, should we have one more for this too?





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  • thescadaman
    09-20 09:40 PM
    Hi Pankaj,

    You sang the National Anthem very well. I have been here in US for about 5 years now and for the first time; I felt that I was part of America and this could be my country. I felt goose bumps when I heard you sing the Anthem.

    Thank You. And yes, you did sing it from your heart and only then can it have such a magical effect on everyone who was listening.

    Thanks,
    Thescadaman



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  • desi3933
    02-11 11:54 AM
    I agree with High skilled educated "illiterates" version part. Sad, but this is a bitter truth.

    I have many friends that have pending I-485 application and almost all them act/behave as if they are green card holders. May be, it is due to feel good factor. May be, they feel like GC holder as spouse can work and/or start business. Infact, when asked about visa status, they state that they are almost green card holder.

    Well, I hope they all get green cards. Having said that, until I-485 is approved, person is not green card holder.

    In my opinion, EAD is a step towards green card status as it allows some freedom (AC-21, spouse can work), but it is just that, a step.





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  • sen_raju
    09-19 12:46 AM
    I along with 5 other members just came back from the rally....It was a huge success!!!!..Felt great to be a part of it!!!
    IV Rocks!!!!



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  • thescadaman
    12-10 12:31 PM
    The main issue is not the expiry date of the DL, the issue is why make us verify all the documents and add the 6 month validity constraint even for "Change of Address" requests, and why give us a completely different Vertical Style DL unlike the standard Horizontal style DL.

    Also, I have not reached that stage, but what happens with people with EAD? You have to renew every year and can renew only 120 days before Expiry. The expiry date of DL and expiry date of EAD will keep chasing each other and at some point you will LOCKED OUT of DL because of the 6 months validity constraint...

    People from other states = Do you have to go through the whole verification process even for "change of address" requests?





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  • goan2005
    11-19 02:41 PM
    I guess when it comes to GC processing, NOTHING is really "wrong" is it? If you get a chance to work around and beat the long lines, I guess "It's all good". Some people are lucky that they get a chance to get Labor Sub, some ppl marry the GC and some ppl like the rest of us wait in line like "honest citizens".

    The REAL question is, just how many of us would have refused a good labour sub, given the present conditions, solely on the basis that "it is unfair to others"? I know i would have taken it. Reason? It's LEGAL (or used to be). Our "misfortune" (if i can use that word), is that we did not get a similar chance.

    For those wondering, what I am babbling about: "Let's not look down on this guy who got his GC approved by Labour Sub, or even continuously point out that he did."

    Fellas, I exactly understand your pain you feel when you see a person like me with Labor Substutute ending GC journey in 3 years.
    I know my words are not going to change your opinion or make your pain feel less but be rest assured that i had gone thro same agony and distress as you during this immigration process for past 10 years. I entered USA as F1 in Aug/1997. I had been legally working (ResearchAssistant/OPT/H1) eversince. Before that I had 3 years of experiance in top indian company as an engineeer. Many of my Batch mates have received their GCs 4-5 years ago. So logically i should have got my GC then since i had alredy busted by B*** enough so that USA economy gets benefitted.
    I coulnnt get GC because i was late in applying. Are you going to now say that simply because i was late in applying to GC, my efforts put in job for my employer are worthless to get an immigrant benefit?
    I put the same point to my employer who rightfully agrreed with it and helped me with a labour substitute. I am sure if you had a valid case , a genuine USAbased employer would have done the same to you.

    Anyways, I belive all of those who had applied GC after July VB will get their cards within next 6 months due to economics of situation. USA is on the verge of reccession right now lead by crappy housing market. The USA government does understand that EB based immigrants do have a (lot of) money and if they pump that money in USA economy , the recession could be avoided/be less severe. Also Conservative Bush administration people ( lIke Attorney General Alberto Gonzales) are resigning and are being replaced by less fanatic administrators. So (artificial) crapy things like Namecheck can not be cooked anymore. This will result in many many apporvals. Trust me no one can ask feds if thay give millions of GCs to legal immigrants (Off course the converse is not true- yaa the VB scenario) so expect your approval soon.

    Thanks you, Wish you all hte best and Good Bye.

    BTW , i have also contributed $100 to IV so far.



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  • abh
    07-30 02:53 PM
    Forgot to mention service center is NSC.





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  • answers_seeker
    09-17 12:25 AM
    tabletpc,

    Look at tv25's post. He/She alreday used the H1B...tv25 mentioned that she/he worked on H1B for three months. That would have invalidated her h4 visa.

    tv25 shouldn't have entered using H4 visa that got invalidated as soon as the H1B was used.

    This is a serious issue and as all others are saying, tv25 needs to contact an expert immigration lawyer.

    thanks
    gcisadawg


    Guys, please do not scare the poster needlessly with half baked knowledge.

    Think of the following,

    1. When she went for stamping , they did not CANCEL her H4 visa stamp. Cancelling a visa stamp is a very very easy thing to do. For example if you still have 30 days left on ur stamp and u went for a visa stamp , they put a big CANCELLED on your old visa stamp.

    2. So what does this necessarily mean ? This means her entry to the US is dependent on the immigration officer at the POE.

    3. Her H1 was denied due to mis representation of facts, which means her COS is essentially denied, even though she was allowed to work since her COS went through while in the US.

    4. Don't you think the officer can see her COS in his system when she entered on H4 ? Basically he let her in on good faith that she will not be using her H1 anymore.

    Her status is now H4, if she needs to work, she will not have to use EAD or apply for another H1 COS. And here's one more thing, she will now not be subject to the quota since she is going back to H1 within the same year.

    My wife's H1 stamp was denied in Vancouver canada and she had her H4 stamp still valid. So we asked the IO specifically if we can use to enter it back to the US and he said specifically " it is up the officer at the POE". After we came back to US within a couple of week we applied for another H1 with same company and it got approved.

    Hope this helps.



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  • WeShallOvercome
    08-24 01:45 PM
    Hi gurus-
    Please let me know Can we use EAD with out I140 Approval.

    Thanks
    Aj


    Yes, You can use EAD and start working on it before I-140 approval BUT you can not change employer using AC21 without an approved I-140 even if your I-485 is pending for more than 180 days.

    Let me clarify some doubts people have on this thread...

    It's your choice whether to use EAD or H1 to work,
    You can change employer on EAD as well as H1(EAD is just easier, no application fee involved), provided your 485 is pending for 180 days and 140 is approved.

    EAD does not give you the freedom to change employer if the other 2 conditions are not met(140 approval and 485 pending for 180 days). Once these 2 conditions are met, you can change even on H1....





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  • hopefulgc
    09-11 01:02 PM
    imagine having that on ur back.. and then you go to a beach in france/middle east.
    You would totally get shot at.



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  • pappu
    12-26 11:21 AM
    So you mean I should not even think of invoking AC21 EVEN after 180 days ?

    Maybe some people had problems using AC21. But at the same time a lot of people do use it. Every person must take the decision after consultation with a good attorney in AC21 matters and after looking at their own GC, Job, career and personal life situations. There are some areas like salary and same or similar job criteria that must be carefully looked at. There is no general answer to the question above. Each person must do what is best for them. It is speculated that a lot of people will invoke AC21 from next month after crossing 180 days and seeing that the upcoming visa bulletins will only push the dates back for countries like India and China. This would certainly frustrate a lot of people who do not see any career growth and may have to decide if they wish to be stuck in the same job for several more years or change jobs.





    talash
    05-21 06:37 PM
    My i 140 is denied on A2P issues.Ive filed MTR.Any one knows how long it takes to hear back from them on MTR.anf if MTR gets denied can i file new 140 using same old labour ?some one help please >>>





    Desertfox
    11-13 01:54 PM
    .



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