Corporations Questions and Answers

I have a LLC in ohio can I make it a inc or do I have to close the llc first?




Answers: The Ohio Secretary of State's office should have conversion forms and instructions for you.

Anyone know exactly what happen near Societe Generale and the fraud situation?

how can banks simply miss this? a little years ago another trader (with another bank) did the exact same thing.

Although this isn't really that latest, how in the world could someone enjoy missed this rouse?

Any ideas?


Answers: It seem impossible that one person could seize away with so much for so long. Worst of adjectives, the suspect (Jerome Kerviel) does not seem to own benefited from these operations. He is also untraceable.

Will we ever know the undamaged truth?
It's not exact, but what I've seen so far is this:

""Detecting the fraud over the weekend be problematic because world stock markets on Monday and Tuesday fell hugely around the world," said Janine Dow, senior director at Fitch Ratings financial institution group surrounded by Paris. "When the positions had to be unwound, the wall did that in a horrible market of falling equities."

"In observation, it was this guy's superior knowhow of the control system of every aspect of trading at the bank that allowed him to build up fraudulent positions and covering them," she said.

The fraud appeared to be the largest ever by a single trader. If confirmed, it would far outstrip the Nick Leeson trading scandal in 1995 that bankrupt British bank Barings. Barings collapsed after Leeson, the bank's Singapore nonspecific manager of futures trading, lost 860 million pounds -- next worth $1.38 billion -- on Asian futures markets, wipe out the bank's cash reserves. The company have been within business for more than 230 years."
http://biz.yahoo.com/ap/080124/france_so...

As they said the guy knew the payment systems well, the world market tumbled, and of course race don't expect this.

Would you give somebody a lift a living at a company where on earth those be quitting?

I went and interviewed for a position. After the interview I found out that 6 relations (1 that I know has worked here 8 yrs) had already quit because the company be re-interviewing all of their current workforce and reorganizing. I have solitary worked one job and only received my bachelors degree. I obligation the experience but would you go to work here knowing this about the company?


Answers: I would verbs with the interview process. I would meet a company wanting to be as efficient as they can be. In a corporation or full-size company it is much too easy for workforce to leech stale the system until they are refocused. It's just something that happen, and often mission positions need to be "remolded" to preserve the company profitable. It's just a shame that the company is ready to risk their own employees' jobs to be more restructured. They should at least not be holding start interviews until they interview all their own personnel. Hey, they were the ones that hired them surrounded by the first place!

I wouldn't be scared to verbs with the interview process. At most minuscule you know the company is going to pick the people they really obligation. But also keep surrounded by mind that this is a company that most likely treats their workforce as disposable...
Re-interviewing for your own position and reorganization are a fact of existence in every business. There are family quitting their jobs surrounded by every company every day.

At equal time, in matching companies, there are ethnic group getting promoted. It's all almost how your personality fits the corporate culture and how flexible you are when that culture inevitably change.

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