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Pushing the Bill: Twain coin could benefit museum

Mark Twain supporters, attraction operators and collectors across the country are hoping to receive a huge gift in 2016.
That’s when a commemorative coin honoring the great American author would be distributed in limited quantities of silver and gold will be produced and sold.
But there’s work getting done now to secure the celebrations four years from now. The coin would be produced by the U.S. Mint and the bill giving the department the go-ahead to do the work has to be signed by the president.
The bill has 297 signatures (it only needs 290) in the U.S. House of Representatives thanks to big pushes by Missouri’s Blaine Leutkemeyer and Connecticut’s John Larson, now it’s a matter of moving everything along so there can be talk on the congressional floor so the bill can proceed to the Senate and eventually President Barack Obama.
“The bill would normally start in the sub-committee that’s chaired by Ron Paul and because he’s out on the (presidential) campaign trail, we are going to try and have to skip over that committee and go directly to the full committee for the markup and get the bill out that way,” Leutkemeyer said Monday afternoon. “That’s our next hurdle we have to overcome, shouldn’t be a difficult process because Mr. Paul’s not going to be there, and it’s not that unusual to be able to do that.”
Missouri Senators Roy Blunt and Claire McCaskill already support the bill along with senate members from states where there are Twain attractions; New York, Connecticut and California. Included in that mix is former vice-presidential candidate Joe Lieberman, a Senator from Connecticut.
“This coin is a budget neutral bill and what will happen is collectors buy these coins — they mint a limited quantity of silver and gold coins each year to different themes and then those coins are sold to collectors,” Cindy Lovell, executive director of the Mark Twain Museum in Hannibal, said. “The proceeds from this will be divided equally among the four Mark Twain sites. This has the potential to yield quite a bit of money for the museum.”
In fact the commemorative Mark Twain coin could bring in an estimated $1 million to the museum. The funds would go toward restoring the historic Grant’s Drug Store.
“It needs total restoration, and that’s a million dollars waiting to be spent. We do not have a million dollars sitting around here, so if we could keep that building in good shape and hold it together, keep our regular maintenance on it, come 2016 we could count on those funds and we could jump in there and get that restored,” Lovell said. “If a miracle hasn’t occurred in the meantime to provide those funds.”
There is an urgency to get this bill passed as quickly as possible and sent to the president’s desk. This is the third attempt in honoring Mark Twain with a commemorative coin and since this is an election year, not only the president, but a number of other politicians supporting the bill, could be voted out of office by November.
“It’s a bi-partisan effort. It’s not a controversial piece of legislation. It’s a suspension-type bill that often times leadership is looking for to be able to have extra votes on the floor and they need suspension bills to do that. It’s just a matter of getting through the process now,” Leutkemeyer said. “Hopefully by late spring, early summer, we’ll be able to get the bill through the House and to the Senate so they can get to work on it.”

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Pushing the Bill: Twain coin could benefit museum

IoM Consults On Ombudsman Scheme Changes

14 February 2012

The Isle of Man's Office of Fair Trading is proposing to increase the maximum award limit under the Isle of Man Financial Services Ombudsman Scheme from GBP100,000 to GBP150,000.

If adopted, the new limit would apply where an act or omission which gives rise to a complaint occurs on or after April 1, 2012.

The Financial Services Ombudsman Scheme is a free, independent dispute resolution service for customers with a complaint against a financial service provider operating in or from the Isle of Man. It became fully operational in January 2002 and is now established under Schedule 4 of the Financial Services Act 2008.

Those in receipt of financial services can bring a complaint if, in the course of receiving financial services, the firm involved caused losses (including material distress or inconvenience) through maladministration or negligence. For the purposes of the scheme, financial services include insurance, investments, banking, mortgages and credit as well as pension and other financial advice. The Pensions Ombudsman covers complaints about the administration and running of personal and occupational pension schemes.

The current maximum award limit of GBP100,000 has remained unchanged since the Scheme was established in 2002. This limit has decreased in real terms as increasing the amount in line with inflation since January 2002 would see it set at approximately GBP146,000.

The UK?s Financial Ombudsman Service increased its maximum award limit to ?150,000 on 1st January 2012. In addition, the proposed financial ombudsman for Jersey and Guernsey is also expected to adopt this figure.

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Junior Achievement and Ballakermeen High School Launch Interview Workshops

by Stephen Ritch

With the job market becoming increasingly competitive Junior Achievement Isle of Man has teamed up with six local employers to deliver CV and interview workshops to year 11 students at Ballakermeen High School.

Students have to prepare a CV and choose to which of the employers - Barclays Wealth, Isle of Man Government, Manx Telecom, Marks & Spencer, Swagelok and Tracey Bell - they wish to apply.  They are then given a job description in advance of the 35-minute interview which concludes with a feedback session.

The interview programme has been devised by Ballakermeen High School’s key stage four manager Eoin Moriarty in collaboration with Junior Achievement’s Joy Spence, a former recruitment specialist with more than 15 years’ local industry experience.

She said: ‘Junior Achievement is all about preparing students for the world of work and, in an economic climate where the job market is contracting, young people need all the help and support we, together with schools and our volunteer business partners, can offer.

‘These workshops are designed to give students a taste of the “real” world; an opportunity for them to develop a whole range of interview techniques, from personal presentation to communications skills.’

Mr Moriarty said: ‘Any opportunities we can provide for students to hone their CV writing and interview skills prior to applying for actual jobs has to be a good thing and we are very grateful that employers have embraced this new initiative.

‘Students are definitely nervous going in but, from the positive feedback they get, they emerge more confident and clearly buzzing from the experience they’ve had. 72 students volunteered to take part in this project and the feedback from them, the employers and parents has been fantastic.’

Conducting interviews on behalf of Marks & Spencer were Maria Caldwell and her colleague Marie Clare who said: ‘Both Maria and I think the mock interviews are a great idea, as we see so many young adults fail our interviews due to lack of knowledge and understanding of what companies are looking for.
 
‘The benefit for the students is huge as they get the chance to gain that knowledge before they leave school and have now some idea about what potential employers are looking for, regarding their appearance, CV presentation, knowledge of the company and the area in which they wish to work.
 
‘The benefit to Marks & Spencer is that hopefully some of these students would now pass the interview process and become a benefit to our store.’

The pair’s first interviewee was 16-year-old Gina Clarke who said: ‘I signed up for the workshop because I saw it as an opportunity while still at school to experience what job interviews are like. Having done the interview, it’s certainly given me more confidence for when I go for a job for real.’

Swagelok’s Neville Jewell said: ‘Mock interviews are important because they really do help these young men and women. When I was their age there was nothing going on at that time that prepared you for the outside world. The job market is more competitive than ever and being able to give these guys the tools to gain that advantage in getting that job is important. I find it personally rewarding to be a part of this scheme as it gives me an opportunity to apply my experience and hopefully guide young people so they can avoid some of the pitfalls I encountered when job hunting.’

Joy Spence concluded: ‘We’re enormously grateful to Ballakermeen High School for their support and to the interviewers for giving so generously of their time and bringing such authenticity to the programme. Given that so many students signed up for the workshops, it’s clear that young people have very genuine concerns about their future careers.’

-ENDS-

In Other Isle of Man News

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IoM Clean Tech Event Heralded A Success

14 February 2012

The Isle of Man's Department of Economic Development has welcomed the coverage received from a recent clean-tech business breakfast where the island's offerings were represented to an audience of over 140 clean-tech sector investors, professional advisers and businesses.

A high-level delegation of Isle of Man representatives attended the event, The Rushlight Clean Technologies show, on February 1, 2012. The show is the only event in the UK and Ireland that showcases the best new energy, waste, water and environmental solutions.

The event featured various speakers from the Isle of Man including John Shimmin, the island's Minister for the Department of Economic Development, who discussed the vision of Charles Hendry, Minister for the UK Department of Energy and Climate Change, for an ?all-islands approach? to offshore renewable energy to meet the needs of the British Isles and for export into Europe.

Also in attendance were Dr Emma Rowan, the island?s Marine Spatial Planning Officer, who provided baseline data on the Isle of Man territorial maritime area and details on the Manx Marine environmental assessment and planning process; Dr Alan Hisscot, former Senior Meteorological Officer, Isle of Man Meteorological Office, who provided an overview of Isle of Man resources, especially the wind and tidal resource; and John Harper, Commercial Manager, Manx Electricity Authority, discussed the existing subsea cable connecting the UK and the Isle of Man and the electricity trading arrangements.

To conclude the event, Dr Ken Milne, the Senior Manager for Energy Policy at the Isle of Man Department of Economic Development, who spoke about the potential upgrade to harbours that could create operation and maintenance bases for offshore wind farms; on island capabilities, including precision manufacturing; and also benefits for domiciling companies on the Isle of Man.

Welcoming the success of the event, John Shimmin, the Minister for the Isle of Man Department of Economic Development, commented:

"We were pleased to be involved in this successful clean tech breakfast which generated significant interest. The breakfast provided a valuable opportunity for the Department of Economic Development to explain the benefits that differentiate the Isle of Man from its competitors."

"We are fortunate that our island has a proven track record of trialling new technology, a manufacturing sector, including businesses with over 50 years' experience, which can assist with developing new technology. We have the opportunity to develop offshore renewable energy in an area which is greater than 87% of the islands territory,? he added.

Dr Ken Milne, Senior Manager for Energy Policy, added:

"We had a lot of good feedback from the attendees at our breakfast who listened with great interest to the various presentations and discussions from a wide range of experts.?

?With its business networks, flexible assistance schemes and world-leading cluster of professional advisors, the Isle of Man intends to be at the forefront of this development by attracting and supporting dynamic, innovative businesses and entrepreneurs from around the globe."

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IoM Clean Tech Event Heralded A Success

Shanda Interactive Entertainment Limited Announces Shareholders' Approval of the Merger Agreement

SHANGHAI, Feb. 14, 2012 /PRNewswire-Asia/ -- Shanda Interactive Entertainment Limited, incorporated in the Cayman Islands ("Shanda" or the "Company") (Nasdaq: SNDA - News), a leading interactive entertainment media company in China, announced today that, at an extraordinary general meeting held today, the Company's shareholders voted in favor of the proposal to approve the previously announced Agreement and Plan of Merger dated November 22, 2011 (the "Merger Agreement") among the Company, Premium Lead Company Limited ("Parent"), a British Virgin Islands business company jointly owned by Mr. Tianqiao Chen, Chairman of the Board, Chief Executive Officer and President of Shanda, his wife Ms. Qian Qian Chrissy Luo, who is a non-executive director of Shanda, and his brother Mr. Danian Chen, who is the Chief Operating Officer and a director of Shanda, and New Era Investment Holding Ltd., a wholly owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub will be merged with and into Shanda with Shanda surviving the merger as a wholly owned subsidiary of Parent.

Approximately 100.0% of the Company's total outstanding ordinary shares voted in person or by proxy at today's extraordinary general meeting. Of the ordinary shares voted in person or by proxy at the extraordinary general meeting, approximately 87.3% were voted in favor of the proposal to approve the Merger Agreement and the transactions contemplated by the Merger Agreement, including the merger, and approximately 87.2% were voted in favor of the proposal to authorize the directors of the Company to do all things necessary to give effect to the Merger Agreement.

All closing conditions set forth in the Merger Agreement have been satisfied or waived. The parties expect to complete the merger as soon as practicable, as a result of which completion Shanda will become a privately held company wholly owned by Parent and Shanda's American depository shares will no longer be listed on the Nasdaq Global Select Market.

About Shanda Interactive Entertainment Limited

Shanda is a leading interactive entertainment media company in China, offering a broad array of online entertainment content on an integrated service platform to a large and diverse user base. Shanda offers its high quality entertainment content through its subsidiaries and affiliates, including Shanda Games, Cloudary, Ku6 Media, and various other online community and business units. The broad variety of content ranges from massively multi-player online role-playing games (MMORPGs) and advanced casual games, to social network games, e-sports, literature, film, television, music, and video etc. By providing a centralized platform through which Shanda can deliver its own content as well as third-party content, Shanda allows its users to interact with thousands of other users while enjoying some of the best entertainment content available in China today. Shanda: "Interaction enriches your life". For more information about Shanda, please visit http://www.snda.com.

Contact

Shanda Interactive Entertainment Limited

Dahlia Wei, IR Associate Director

Elyse Liao, IR Senior Manager

Phone: +86-21-6058-8688 (Shanghai)

      +852-2851-0177 (Hong Kong)

Email: IR@snda.com

Christensen Investor Relations

China:

Christian Arnell

Phone: +86-10-5826-4939

Email: carnell@christensenir.com

United States:

Linda Bergkamp

Phone: +1-480-614-3004

Email: lbergkamp@ChristensenIR.com

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Shanda Interactive Entertainment Limited Announces Shareholders' Approval of the Merger Agreement