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Business Mentors

New Internet-Security Standards for Financial Institutions

The Federal Financial Institutions examination Council (FFIEC) — a group of federal financial regulators empowered to issue uniform standards for most of the financial institutions in the United States — issued new guidelines to the nation’s federal credit unions, banks, and other financial institutions. It notified them that they will have to comply with new […]

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Health-Care Capitation: What Goes Around, Comes Around

“Necessity is the mother of invention.”  — Anonymous Back in 1996, when I was young and optimistic, I wrote a column about the evils and “benefits” of health-care “capitation” in a “managed-care” model. This column will prove, once again, that “what goes around, comes around.” And, not always with desirable results. Read on. First, a definition: capitation

“Is anybody there? Does anybody care?”

Come with me on a short trip. We’ll travel from a North Syracuse repair shop to a tent in the Revolutionary War, and then to a Connecticut hotel. Donna Curtin from Syracuse sends a simple plea to me. It brings to mind George Washington, as well as national politician George McGovern.  In her letter, she

Time for a Clean Sweep

Here is a perfect solution to that nagging thought that you should really get your financial house in order “this” year. Start with a list. Does it seem like a daunting task? Here’s some help. Consider some of the items I have on my personal “get it together list.” • Sort financial records into two piles: retain

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