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Entries for August 2008

Is Your Bank Stealing From You?
By David Najor :: 49441 Views :: Article Rating :: Business & Finance

California, USA - “Few would argue that the energetic entrepreneurs have transformed small business in metropolitan areas of Michigan, California, Illinois, Arizona, and Nevada,” says Rebecca Cohen of California’s Bank & Trust speaking of Chaldeans.  “They are hard-working, brilliant in business, and have a remarkable talent for negotiations.”

Although the accolades and praise rings true to many, Chaldean business owners still remind budding entrepreneurs to be mindful of banks when doing business. 

“Banks are like any other business.  Their inventory is currency.  They want to buy currency when it is inexpensive and sell or loan to you at a higher rate,” says Masood Bajou.  “Chaldeans in business or not, should always keep a close eye on their banks and the fees they charge.”

Increasingly, banks are finding ways to impose bigger and trickier fees on account holders.  Uncovering the creative ways banks assess fees and other hidden costs to their customers was no easy task.  Nonetheless, Chaldeans should be watchful over some of the sneakiest fees and quickly master ways you can avoid them...

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Electronic Disposal Group Free e-waste Rcycling Eent This Weekend in El Cajon
By Neda Ayar :: 96999 Views :: Article Rating :: Health & Fitness, Business & Finance, Government & Society

California, USA  – The event is planned from 9 a.m. to 3 p.m. Saturday and Sunday in the southwest parking lot of the El Cajon Wal-Mart, 605 Fletcher Parkway.

The event is free and open to all county residents. E-waste includes old computers, TVs, stereo equipment, phones and other items that can't be thrown in the trash.  Household appliances and batteries will not be accepted.

Also on Saturday at the El Cajon Wal-Mart, San Diego Gas & Electric is partnering with Electronic Disposal Group for a light bulb exchange.

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Chaldean Education Career Centers of Support in Oakland County Michigan
By CE&CC :: 102285 Views :: Article Rating :: Career & Education, Business & Finance, Chaldean Education & Career Center

Michgian, USA - Tough economic times in Michigan have made it difficult on many Chaldean families.  Without a doubt, a large majority of Chaldeans have their own business or employ other Chaldeans.  The combination of cultural flexibility and understanding, language, and the hard-work ethic desired has brought Chaldean employees and employers together. 

Recognizing the need, the Chaldean Education & Career Center (CE&CC) has partnered with Oakland County Workforce Development Corps to provide Chaldeans a convenient, one-stop access to job training programs and services for employers and job seekers.

We have convenient centers located in highly populated Chaldean residential areas to serve your needs. 

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Chaldean Debbie Kassa Help Uncover Hidden Liabilities
By David Najor :: 72863 Views :: Article Rating :: Law & Order, Business & Finance

There are many things involved in establishing a new business. “One of the important steps is to protect yourself from hidden liabilities,” says tax clearance expert Debbie Kassa.   When buying or establishing a new business in Michigan, Taxpayers are required to meet certain obligations under Michigan law, including filing tax returns on time and with the correct payment when required.

Kassa is a decade long veteran of the Michigan Department of Treasury where she was in charge of reviewing Tax Returns from 1040's to the SBT & SUW returns. She also worked 7 years in the Tax Clearance Division reviewing Business accounts for Businesses & Corporations seeking a Tax Clearance.

Kassa advises every business owner on Successor Liability and how to best prepare or avoid such situations.  “When any Chaldean buys a business, even a portion of a business (including stock of goods or even the transfer of a liquor license), they may be held responsible for the previous owner's liabilities, regardless of any contractual language to the contrary.“

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Chaldeans Consider The Impact of Detroit's Jailed Mayor
By Ray Yono :: 95100 Views :: Article Rating :: Law & Order, Business & Finance, Government & Society

Michigan, USA – Detroit’s government tail spin has the entire nation talking about the once great city.  Residents and business owners are commenting that Detroit’s legacy of automobile and manufacturing innovation, entertainment, and education has crumpled to corruption, incompetence, and theft.  Detroit resident and and manager of Party City Beer and Wine in downtown Detroit, Martin Kouza says, “This City has challenges, but this can be a good chance for the city to change for the good.” 

The city’s mounting problems seem only to get worse.  Detroit’s embroiled Democratic Mayor Kwame Kilpatrick has been sentenced to jail time.  Once again across the nation the city has come under scrutiny, costing city business owners and residents considerably. 

The state of Michigan remains a battle ground for the presidential campaign and the city’s issues is casting a very dark cloud.  Democratic Presidential candidate Barrak Obama’s campaign made it clear that the Detroit mayor was not to attend any of Obama’s events, fearing negative attention. 

 “What is wrong with the Democratic party,” says Julie Yono, a member of the Downriver Young Democrats.  “We had a president, a New York and New Jersey governor, and now the mayor of Detroit, all disgraced over their lack of respect for women and the law.  This entire party is falling apart because of sex.  This is getting way out of control; I think it is time to leave the city and the party.”

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Cell Phone Early Contract Termination Fees Illegal
By David Najor :: 99338 Views :: Article Rating :: Law & Order, Business & Finance, Government & Society

California, USA - For many Chaldeans, the cell phone is a life-line to the family.  “Long hours at work, family members pulled in hundreds of different directions, constantly on the run; that’s the life of a Chaldean,” says Joseph Jirjis, store manager of Shop Cellular in El Cajon California.  “We have to stay in touch with one another.  That is how we are able to help one another and make sure everyone is safe.  Even my grandmother has a cell phone.”

Chaldeans often complained about the additional fees cell phone companies would add to a plan.  “They nickel and dime a customer to death,” Jirjis adds.  “Based on the company, we have to follow their plan, and they have all sorts of fees.  Many of our customers get shocked to see all the fees.”

The termination fee in particular upset many customers.  Cellular phone companies would sell contracts to customers and if a customer terminated their contract early an additional fee was added.    However, a Superior Court judge in California has ruled that the practice of charging consumers a fee for ending their cell phone contract early is illegal and violates state law.

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