September 09, 2006
HP is an incredibly generous company. To think I only started last September 1, but I was still able to receive my first paycheck yesterday (they normally give it out once a month on the 10th, but September 10 is a Sunday). Mind you, I didn't get a prorated amount; I got a full month's salary for the mere six working days I've worked! I got mine in the form of a manager's check since my payroll account wasn't opened in time but still, I'm impressed at their promptness in making sure their employees are happily compensated.
Ahh, paydays... it's been a while since my last one. I sure missed them.
Ahh, paydays... it's been a while since my last one. I sure missed them.
well I get mine on the 15th and the 30th
wow.
-troy
money.money.money!
Money's always good. We like money.
^amen to that!
well, in HP, you are paid for the month. so the pay you received was for September.
buti nalang umalis ka na sa ecomm percs, si Gaspe ba naabutan mo?:
ENFORCEMENT PROCEEDINGS
COURT ENTERS DEFAULT JUDGMENT AGAINST SEC DEFENDANT ROBERT WACHTEL AND ORDERS
HIM TO PAY OVER $16 MILLION
The Commission announced that on September 15 a Rhode Island federal
court entered a default judgment against Robert M. Wachtel, a defendant
in an action filed by the Commission in April 2002. The Commission
alleged in its complaint that Wachtel and others participated in a
fraudulent offering scheme that raised at least $52 million from
investors. In the default judgment, the Court permanently enjoined
Wachtel from future violations of the antifraud provisions of the
federal securities laws and ordered him to pay approximately $16.6
million in disgorgement, interest and a penalty.
The Commission filed its action against Wachtel and eight other
defendants and a relief defendant on April 1, 2002, alleging that
Wachtel and others participated in a scheme that made fraudulent
representations to investors about a purported high yield trading
program. According to the Commissionís complaint, the scheme raised
approximately $52.75 million from six investors, and was perpetrated by
Wachtel and others through entities formerly known as Brite Business
S.A. and Brite Business Corporation. The Commission alleged that
Wachtel, who held himself out as the U.S. representative of Brite
Business, solicited one investor to invest $12.5 million and made
misrepresentations to this investor that the rate of return on the
investment could be 10% per week. The Commissionís complaint alleges
that as a result of the misconduct of Wachtel and others, that
investorsí $12.5 million investment was misappropriated. The
Commissionís complaint further alleges that Wachtel received
approximately $155,000 in Brite Business investor funds.
The Courtís final judgment enjoins Wachtel from future violations of
Section 17(a) of the Securities Act of 1933 and Section 10(b) of the
Securities Exchange Act of 1934 and Rule 10b-5 thereunder, orders him to
pay disgorgement in the amount of $12,500,000, plus prejudgment interest
in the amount of $4,027,418.32, for a total amount of $16,527,418.32,
and assesses a $100,000 civil monetary penalty against him.
See Litigation Release Number 18917. For further information, please
see Litigation Release Numbers 18212 (July 3, 2003) [default judgment
entered against Defendant Johan C. Hertzog]; 18196 (June 20, 2003)
[default judgment entered against Defendant Michael Clarke]; 17800 (Oct.
23, 2002) [default judgment entered against Defendant Dennis Herula];
17957 (Jan. 29, 2003) [default judgment entered against Defendant Mary
Lee Capalbo]; 17461 (April 5, 2002) [asset freeze against Wachtel and
others]. [SEC v. Dennis Herula, et al., USDC, District of Rhode Island,
C.A. No. 02 154 ML] (LR-18917)
Sorry to hear about your experience at e-commerce percs and robert wachtel. Just found an interesting blog site about wachtel's folly at http://robert-wachtel.blogspot.com. I doubt if he really wrote it. Could've been written by some disgruntled insider. Nevertheless, it's an eye-opener and confirms all that stuff about him on the internet. Good you have a new, better job. Just move forward with your life.