GMS Business Consulting 319 Comments

A New Breed of Derivatives…Really?

The JPMorgan Chase & Co. in New York Photographer: Victor J. Blue/Bloomberg

The JPMorgan Chase & Co. in New York
Photographer: Victor J. Blue/Bloomberg

 

Hello everyone…You heard right!  Hard to believe it, but it’s true!  If we didn’t learn the first time around about Wall Street created derivatives, how about a second round?  Guess who is leading the charge this time around…you got it, Goldman Sachs,  JP Morgan Chase and ProShares.  In today’s Bloomberg Article, you will discover that the unimaginable, the unthinkable is happening again. Read more

GMS Business Consulting 292 Comments

Is The U.S. – Big Brother To The World?

Photographer: Victor J. Blue/Bloomberg

Photographer: Victor J. Blue/Bloomberg

 

Hello everyone…this is a follow-up post from a post we made earlier in the year regarding the U.S. Government requiring foreign banks to give up personal data on foreign bank accounts held by U.S. citizens…or else…face fines/penalties/prosecution/access to U.S. financial markets etc.  This law is known as FACTA (Foreign Account Tax Compliance Act).  Today’s article on Bloomberg does a good job in describing this very disturbing law and progression of our governments reach.  It appears as though we’re not only acting as big brother to U.S. citizens, but perhaps to the entire world.  Below are several key points to consider: Read more

GMS Business Consulting 302 Comments

EMV Cards – October 2015 Deadline

ChipCard

Image by Square

 

Good morning everyone!  You may be asking yourself, what is an “EMV Card”, why the switch, and how does this impact me as a business owner?  The answers to these questions came from one of the product suppliers/services that we use in our own business, and we personally recommend to any business owner looking to quickly, simply and inexpensively process payments.  Whether you’re a professional service provider, small technology company, brick & mortar company or even a start-up business, we recommend that you seriously consider using Square as part of your business technology and payment solution. Read more