





An important (but not universal) contemporary feature of a corporation is limited liability. If a corporation fails, shareholders normally only stand to lose their investment and employees will lose their jobs, but neither will be further liable for debts that remain owing to the corporation's creditors.
Despite not being natural persons, corporations are recognized by the law to have rights and responsibilities like natural persons ("people"). Corporations can exercise human rights against real individuals and the state, and they can themselves be responsible for human rights violations. Corporations are conceptually immortal but they can "die" when they are "dissolved" either by statutory operation, order of court, or voluntary action on the part of shareholders. Insolvency may result in a form of corporate 'death', when creditors force the liquidation and dissolution of the corporation under court order, but it most often results in a restructuring of corporate holdings. Corporations can even be convicted of criminal offenses, such as fraud and manslaughter.
Although corporate law varies in different jurisdictions, there are four core characteristics of the business corporation:
In the United States, government chartering began to fall out of vogue in the mid-19th century. Corporate law at the time was focused on protection of the public interest, and not on the interests of corporate shareholders. Corporate charters were closely regulated by the states. Forming a corporation usually required an act of legislature. Investors generally had to be given an equal say in corporate governance, and corporations were required to comply with the purposes expressed in their charters. Many private firms in the 19th century avoided the corporate model for these reasons (Andrew Carnegie formed his steel operation as a limited partnership, and John D. Rockefeller set up Standard Oil as a trust). Eventually, state governments began to realize the greater corporate registration revenues available by providing more permissive corporate laws. New Jersey was the first state to adopt an "enabling" corporate law, with the goal of attracting more business to the state. Delaware followed, and soon became known as the most corporation-friendly state in the country after New Jersey raised taxes on the corporations, driving them out. New Jersey reduced these taxes after this mistake was realized, but by then it was too late; even today, most major public corporations in the United States are set up under Delaware law.
By the beginning of the 19th century, government policy on both sides of the Atlantic began to change, reflecting the growing popularity of the proposition that corporations were riding the economic wave of the future. In 1819, the U.S. Supreme Court granted corporations a plethora of rights they had not previously recognized or enjoyed. Corporate charters were deemed "inviolable", and not subject to arbitrary amendment or abolition by state governments. The Corporation as a whole was labeled an "artificial person," possessing both individuality and immortality.
At around the same time, British legislation was similarly freeing the corporation from historical restrictions. In 1844 the British Parliament passed the Joint Stock Companies Act, which allowed companies to incorporate without a royal charter or an Act of Parliament. Ten years later, limited liability, the key provision of modern corporate law, passed into English law: in response to increasing pressure from newly emerging capital interests, Parliament passed the Limited Liability Act of 1855, which established the principle that any corporation could enjoy limited legal liability on both contract and tort claims simply by registering as a "limited" company with the appropriate government agency.
This prompted the English periodical ''The Economist'' to write in 1855 that "never, perhaps, was a change so vehemently and generally demanded, of which the importance was so much overrated." The glaring inaccuracy of the second part of this judgment was recognized by the same magazine more than 75 years later, when it claimed that, "[t]he economic historian of the future . . . may be inclined to assign to the nameless inventor of the principle of limited liability, as applied to trading corporations, a place of honour with Watt and Stephenson, and other pioneers of the Industrial Revolution."
The 20th century saw a proliferation of enabling law across the world, which helped to drive economic booms in many countries before and after World War I. Starting in the 1980s, many countries with large state-owned corporations moved toward privatization, the selling of publicly owned services and enterprises to corporations. Deregulation (reducing the regulation of corporate activity) often accompanied privatization as part of a laissez-faire policy. Another major postwar shift was toward the development of conglomerates, in which large corporations purchased smaller corporations to expand their industrial base. Japanese firms developed a horizontal conglomeration model, the keiretsu, which was later duplicated in other countries as well.
The legal personality has two economic implications. First it grants creditors (as opposed to shareholders or employees) priority over the corporate assets upon liquidation. Second, corporate assets cannot be withdrawn by its shareholders, nor can the assets of the firm be taken by personal creditors of its shareholders. The second feature requires special legislation and a special legal framework, as it cannot be reproduced via standard contract law.
The regulations most favorable to incorporation include:
| !Regulation | !Description |
| Limited liability | |
| Perpetual lifetime | Another advantage is that the assets and structure of the corporation may continue beyond the lifetimes of its shareholders and bondholders. This allows stability and the accumulation of capital, which is thus available for investment in larger and longer-lasting projects than if the corporate assets were subject to [[dissolution (law) |
There are two broad classes of corporate governance forms in the world. In most of the world, control of the corporation is determined by a board of directors which is elected by the shareholders. In some jurisdictions, such as Germany, the control of the corporation is divided into two tiers with a supervisory board which elects a managing board. Germany is also unique in having a system known as co-determination in which half of the supervisory board consists of representatives of the employees. The CEO, president, treasurer, and other titled officers are usually chosen by the board to manage the affairs of the corporation.
In addition to the limited influence of shareholders, corporations can be controlled (in part) by creditors such as banks. In return for lending money to the corporation, creditors can demand a controlling interest analogous to that of a member, including one or more seats on the board of directors. In some jurisdictions, such as Germany and Japan, it is standard for banks to own shares in corporations whereas in other jurisdictions such as the United States, under the Glass–Steagall Act of 1933, and the United Kingdom, under the Bank of England, banks are prohibited from owning shares in external corporations. However, since 1999 in the U. S., commercial banks have been allowed to enter into investment banking through separate subsidiaries thanks to the Financial Services Modernization Act or Gramm-Leach-Bliley Act. Since 1997, banks in the U. K. are supervised by the Financial Services Authority; its rules are non-restrictive allowing both foreign and domestic capital to operate all financial institutions, including insurance, commercial and financial banking.
Upon the Board's decision to dissolve a for-profit corporation, shareholders receive the leftovers, following creditors and others with interests in the corporation. However shareholders receive the benefit of limited liability, so they are liable only for the amount they contributed.
Generally, a corporation files articles of incorporation with the government, laying out the general nature of the corporation, the amount of stock it is authorized to issue, and the names and addresses of directors. Once the articles are approved, the corporation's directors meet to create bylaws that govern the internal functions of the corporation, such as meeting procedures and officer positions.
The law of the jurisdiction in which a corporation operates will regulate most of its internal activities, as well as its finances. If a corporation operates outside its home state, it is often required to register with other governments as a foreign corporation, and is almost always subject to laws of its host state pertaining to employment, crimes, contracts, civil actions, and the like.
In most countries, corporate names include a term or an abbreviation that denotes the corporate status of the entity (for example, "Incorporated" or "Inc." in the United States) or the limited liability of its members (for example, "Limited" or "Ltd."). These terms vary by jurisdiction and language. In some jurisdictions they are mandatory, and in others they are not. Their use puts everybody on constructive notice that they are dealing with an entity whose liability is limited, and does not reach back to the persons who own the entity: one can only collect from whatever assets the entity still controls when one obtains a judgment against it.
Some jurisdictions do not allow the use of the word "company" alone to denote corporate status, since the word "company" may refer to a partnership or some other form of collective ownership (in the United States it can be used by a sole proprietorship but this is not generally the case elsewhere).
The law differs among jurisdictions, and is in a state of flux. Some argue that shareholders should be ultimately responsible in such circumstances, forcing them to consider issues other than profit when investing, but a corporation may have millions of small shareholders who know nothing about its business activities. Moreover, traders — especially hedge funds — may turn over shares in corporations many times a day. The issue of corporate repeat offenders (see H. Glasbeek, "Wealth by Stealth: Corporate Crime, Corporate Law, and the Perversion of Democracy", ISBN 978-1896357416, Between the Lines Press: Toronto 2002) raises the question of the so-called "death penalty for corporations."
Most corporations are registered with the local jurisdiction as either a stock corporation or a non-stock corporation. Stock corporations sell stock to generate capital. A stock corporation is generally a for-profit corporation. A non-stock corporation does not have stockholders, but may have members who have voting rights in the corporation.
Some jurisdictions (Washington, D.C., for example) separate corporations into for-profit and non-profit, as opposed to dividing into stock and non-stock.
Several states also allow a variation of the corporation for use by professionals (i.e., those individuals typically considered as professionals who require a license from the state to conduct business). In some states, such as Georgia, these corporations are known as "professional corporations".
In modern economic systems, conventions of corporate governance commonly appear in a wide variety of business and non-profit activities. Though the laws governing these creatures of statute often differ, the courts often interpret provisions of the law that apply to profit-making enterprises in the same manner (or in a similar manner) when applying principles to non-profit organizations — as the underlying structures of these two types of entity often resemble each other.
Closely held corporations do have some advantages over publicly traded corporations. A small, closely held company can often make company-changing decisions much more rapidly than a publicly traded company. A publicly traded company is also at the mercy of the market, having capital flow in and out based not only on what the company is doing but the market and even what the competitors are doing. Publicly traded companies also have advantages over their closely held counterparts. Publicly traded companies often have more working capital and can delegate debt throughout all shareholders. This means that people invested in a publicly traded company will each take a much smaller hit to their own capital as opposed to those involved with a closely held corporation. Publicly traded companies though suffer from this exact advantage. A closely held corporation can often voluntarily take a hit to profit with little to no repercussions (as long as it is not a sustained loss). A publicly traded company though often comes under extreme scrutiny if profit and growth are not evident to stock holders, thus stock holders may sell, further damaging the company. Often this blow is enough to make a small public company fail.
Often communities benefit from a closely held company more so than from a public company. A closely held company is far more likely to stay in a single place that has treated them well, even if going through hard times. The shareholders can incur some of the damage the company may receive from a bad year or slow period in the company profits. Closely held companies often have a better relationship with workers. In larger, publicly traded companies, often when a year has gone badly the first area to feel the effects are the work force with lay offs or worker hours, wages or benefits being cut. Again, in a closely held business the shareholders can incur this profit damage rather than passing it to the workers.
The affairs of publicly traded and closely held corporations are similar in many respects. The main difference in most countries is that publicly traded corporations have the burden of complying with additional securities laws, which (especially in the U.S.) may require additional periodic disclosure (with more stringent requirements), stricter corporate governance standards, and additional procedural obligations in connection with major corporate transactions (for example, mergers) or events (for example, elections of directors).
A closely held corporation may be a subsidiary of another corporation (its parent company), which may itself be either a closely held or a public corporation. In some jurisdictions, the subsidiary of a listed public corporation is also defined as a public corporation (for example,, Australia).
===Mutual benefit corporations=== A mutual benefit nonprofit corporation is a corporation formed in the United States solely for the benefit of its members. An example of a mutual benefit nonprofit corporation is a golf club. Individuals pay to join the club, memberships may be bought and sold, and any property owned by the club is distributed to its members if the club dissolves. The club can decide, in its corporate bylaws, how many members to have, and who can be a member. Generally, while it is a nonprofit corporation, a mutual benefit corporation is not a charity. Because it is not a charity, a mutual benefit nonprofit corporation cannot obtain 501(c)(3) status. If there is a dispute as to how a mutual benefit nonprofit corporation is being operated, it is up to the members to resolve the dispute since the corporation exists to solely serve the needs of its membership and not the general public.
The typical "transnational" or "multinational" may fit into a web of overlapping shareholders and directorships, with multiple branches and lines in different regions, many such sub-groupings comprising corporations in their own right. Growth by expansion may favor national or regional branches; growth by acquisition or merger can result in a plethora of groupings scattered around and/or spanning the globe, with structures and names which do not always make clear the structures of shareholder ownership and interaction.
In the spread of corporations across multiple continents, the importance of corporate culture has grown as a unifying factor and a counterweight to local national sensibilities and cultural awareness.
The term is used to refer to business corporations. The predominant form is the ''kabushiki kaisha'' (株式会社), used by public corporations as well as smaller enterprises. ''Mochibun kaisha'' (持分会社), a form for smaller enterprises, are becoming increasingly common. Between 2002 and 2008, the existed to bridge the gap between for-profit companies and non-governmental and non-profit organizations.
In the private sector, corporations are referred to as companies, and are regulated by the Companies Act 2006 (or the Northern Ireland equivalent). The most common type of company is the private limited company ("Limited" or "Ltd."). Private limited companies can either be limited by shares or by guarantee. Other corporate forms include the public limited company ("PLC") and the private unlimited company, and companies limited by guarantee.
A special type of corporation is a corporation sole, which is an office held by an individual natural person (the incumbent), but which has a continuing legal entity separate from that person: an example is a Church of England bishopric
Only a company that has been formally incorporated according to the laws of a particular state is called ‘corporation’. A corporation was defined in the Dartmouth College case of 1819, in which Chief Justice Marshall of the United States Supreme Court stated that " A corporation is an artificial being, invisible, intangible, and existing only in contemplation of the law". A corporation is a legal entity, distinct and separate from the individuals who create and operate it. As legal entity the corporation can acquire, own, and dispose of property in its own name like buildings, land and equipment. It can also incur liabilities and enter into contracts like franchising and leasing. American corporations can be either profit-making companies or non-profit entities. Tax-exempt non-profit corporations are often called “501(c)3 corporation”, after the section of the Internal Revenue Code that addresses the tax exemption for many of them.
The federal government can only create corporate entities pursuant to relevant powers in the U.S. Constitution. For example, Congress has constitutional power to provide postal services, so it has power to operate the United States Postal Service. Although the federal government could theoretically preempt all state corporate law under the courts' current expansive interpretation of the Commerce Clause, it has chosen not to do so. As a result, much of American corporate law continues to be a matter of state law under the Tenth Amendment to the United States Constitution. Thus, virtually all corporations in the U.S. are incorporated under the laws of a particular state.
All states have some kind of "general corporation law" (California, Delaware, Kansas, Nevada and Ohio actually use that exact name) which authorizes the formation of private corporations ''without'' having to obtain a charter for each one from the state legislature (as was formerly the case in the 19th century). Many states have separate, self-contained laws authorizing the formation and operation of certain specific types of corporations that are wholly independent of the state general corporation law. For example, in California, nonprofit corporations are incorporated under the Nonprofit Corporation Law, and in Illinois, insurers are incorporated under the Illinois Insurance Code.
Corporations are created by filing the requisite documents with a particular state government. The process is called “incorporation,” referring to the abstract concept of clothing the entity with a "veil" of artificial personhood (embodying, or “corporating” it, ‘corpus’ being the Latin word for ‘body’). Only certain corporations, including banks, are chartered. Others simply file their articles of incorporation with the state government as part of a registration process.
Once incorporated, a corporation has artificial personhood everywhere it may operate, until such time as the corporation may be dissolved. A corporation that operates in one state while being incorporated in another is a “foreign corporation.” This label also applies to corporations incorporated outside of the United States. Foreign corporations must usually register with the secretary of state’s office in each state to lawfully conduct business in that state.
A corporation is legally a citizen of the state (or other jurisdiction) in which it is incorporated (except when circumstances direct the corporation be classified as a citizen of the state in which it has its head office, or the state in which it does the majority of its business). Corporate business law differs dramatically from state to state. Many prospective corporations choose to incorporate in a state whose laws are most favorable to its business interests. Many large corporations are incorporated in Delaware, for example, without being physically located there because that state has very favorable corporate tax and disclosure laws.
Companies set up for privacy or asset protection often incorporate in Nevada, which does not require disclosure of share ownership. Many states, particularly smaller ones, have modeled their corporate statutes after the Model Business Corporation Act, one of many model sets of law prepared and published by the American Bar Association.
As juristic persons, corporations have certain rights that attach to natural persons. The vast majority of them attach to corporations under state law, especially the law of the state in which the company is incorporated – since the corporations very existence is predicated on the laws of that state. A few rights also attach by federal constitutional and statutory law, but they are few and far between compared to the rights of natural persons. For example, a corporation has the personal right to bring a lawsuit (as well as the capacity to be sued) and, like a natural person, a corporation can be libeled.
But a corporation has no constitutional right to freely exercise its religion because religious exercise is something that only "natural" persons can do. That is, only human beings, not business entities, have the necessary faculties of belief and spirituality that enable them to possess and exercise religious beliefs.
Harvard College (a component of Harvard University), formally the President and Fellows of Harvard College (also known as the Harvard Corporation), is the oldest corporation in the western hemisphere. Founded in 1636, the second of Harvard’s two governing boards was incorporated by the Great and General Court of Massachusetts in 1650. Significantly, Massachusetts itself was a corporate colony at that time – owned and operated by the Massachusetts Bay Company (until it lost its charter in 1684) - so Harvard College is a corporation created by a corporation.
Many nations have modeled their own corporate laws on American business law. Corporate law in Saudi Arabia, for example, follows the model of New York State corporate law. In addition to typical corporations in the United States, the federal government, in 1971 passed the Alaska Native Claims Settlement Act (ANCSA), which authorized the creation of 12 regional native corporations for Alaska Natives and over 200 village corporations that were entitled to a settlement of land and cash. In addition to the 12 regional corporations, the legislation permitted a 13th regional corporation without a land settlement for those Alaska Natives living out of the State of Alaska at the time of passage of ANCSA.
As Adam Smith pointed out in the Wealth of Nations, when ownership is separated from management (i.e. the actual production process required to obtain the capital), the latter will inevitably begin to neglect the interests of the former, creating dysfunction within the company. Some maintain that recent events in corporate America may serve to reinforce Smith's warnings about the dangers of legally protected collectivist hierarchies.
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Category:Business law Category:Corporations law Category:Legal entities Category:Types of business entity
af:Onderneming ar:مؤسسة تجارية bm:Baarada bs:Korporacija br:Embregerezh bg:Корпорация ca:Corporació ceb:Korporasyon cs:Obchodní společnost de:Körperschaft et:Ettevõte es:Corporación eo:Entrepreno fr:Corporation gl:Corporación ko:주식회사 hr:Korporacija it:Società (diritto italiano) he:תאגיד ht:Antrepriz lv:Uzņēmums lb:Entreprise lt:Korporacija hu:Vállalat ms:Korporat nl:Bedrijf ja:コーポレーション no:Entreprise pl:Korporacja pt:Corporação ro:Corporație ru:Корпорация sq:Korporata simple:Corporation sl:Podjetje sr:Корпорација sh:Korporacija sv:Korporation uk:Корпорація ur:شرکہ war:Corporasyon yi:קארפאראציע zh:股份有限公司This text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
He studied fresco at the Kyoto City University of Arts. Sponsored by the Italian government, he studied at the Academy of Fine Arts of Bologna, where he lived for eleven years. His prizes include the 1999-2000 Pépinières Européennes pour Jeunes Artistes and 2000 first prize from the international Targetti Light Art Collection. His work is in public and private collections in Switzerland, Finland, India, Japan, Italy, and the United States. Since 2000, he has been working worldwide through artist-in residence programs. Site-specific installations include Museo d'Arte Contemporanea Villa Croce, Genoa, Stazione Leopolda, Florence, Roches Tower, Cork, Ireland, the Sanskriti Foundation, New Delhi and Navdanya's Bija Vidyapeeth, Dehradun, India for UNESCO-ASCHBERG Bursaries for Artists, Kiyomizu Temple and Saigyo-an, Kyoto. Exhibitions include Kyoto Art Walk, an international invitational in Kyoto's temples and Nijo Castle which he curated, the Crawford Municipal Art Gallery, Cork, Ireland, MUAR, Moscow, the Chelsea Art Museum, New York, and Ippakutei-teahouse, Embassy of Japan, Washington, DC.
Focused on nature and the environment, Turner-Yamamoto's work presents an interplay between absence and presence that emanates a strong quiet spiritual energy. Working with handmade color from pigments and other materials the Washington, DC-based artist collects in locales from India to Italy and throughout the world, his work is inspired by emotional reactions to specific events in landscape.
Category:Japanese painters Category:Installation artists Category:Land art Category:People from Osaka (city) Category:Living people Category:1965 births Category:Kyoto City University of Arts alumni
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| Name | Rachel Maddow |
|---|---|
| birthname | Rachel Anne Maddow |
| birth date | April 01, 1973 |
| birth place | Castro Valley, California, U.S. |
| education | B.A., Stanford UniversityD.Phil, Oxford University |
| occupation | News anchorPolitical commentatorTelevision host |
| credits | ''The Rachel Maddow Show'' (MSNBC)''The Rachel Maddow Show'' (Air America Radio) |
| url | http://www.rachelmaddow.com/ }} |
Rachel Anne Maddow (; born April 1, 1973) is an American television host and political commentator. Her syndicated talk radio program, ''The Rachel Maddow Show'', aired on Air America Radio. Maddow hosts a nightly television show, ''The Rachel Maddow Show'', on MSNBC. She was a guest host of ''Countdown with Keith Olbermann'' and ''Race for the White House''. Maddow is the first openly gay anchor to host a prime-time news program in the United States.
Asked about her political views by the ''Valley Advocate'', Maddow replied, "I'm undoubtedly a liberal, which means that I'm in almost total agreement with the Eisenhower-era Republican party platform."
A graduate of Castro Valley High School in Castro Valley, California, Maddow earned a degree in public policy from Stanford University in 1994. At graduation she was awarded the John Gardner Fellowship. She was also the recipient of a Rhodes Scholarship and began her postgraduate study in 1995 at Lincoln College, Oxford. In 2001, she earned a Doctor of Philosophy (DPhil) in politics from Oxford University. Her thesis is titled ''HIV/AIDS and Health Care Reform in British and American Prisons'' (supervisor: Dr Lucia Zedner). She was the first openly gay American to win a Rhodes scholarship.
In April 2008, Maddow was the substitute host for ''Countdown with Keith Olbermann'', her first time hosting a program on MSNBC. Maddow described herself on air as "nervous." Keith Olbermann complimented her work and she was brought back to host "Countdown" in May 2008. The day she hosted was the highest rated news program among people 25 to 54 years of age, a demographic key to ratings. For her success, the next Monday Olbermann ranked Maddow third in his show's segment "World's Best Persons". Maddow filled in again on ''Countdown'' for eight and a half broadcasts while Olbermann was on vacation in July 2008 and the second half of the show on July 21. Maddow also filled in for David Gregory as host of ''Race for the White House''.
Early reviews for her show were mostly positive. ''Los Angeles Times'' writer Matea Gold stated Maddow "finds the right formula on MSNBC," and ''The Guardian'' writes Maddow has become the "star of America's cable news." ''Associated Press'' columnist David Bauder said she's "[Keith] Olbermann's political soul mate" and the Olbermann-Maddow shows are a "liberal two-hour block."
Distinguishing herself from others on the left, Maddow said she's a "national security liberal" and in a different interview that she's not "a partisan." ''The New York Times'' called her a "defense policy wonk" who is writing a book on the role of the military in postwar American politics. During the 2008 presidential election, Maddow did not formally support any candidate. Concerning Barack Obama's candidacy, Maddow said during the primaries, "I have never and still don't think of myself as an Obama supporter, either professionally or actually."
As of 2008 Maddow did not own a television set, but was committed to getting one so that Mikula can watch her show.
Category:1973 births Category:Alumni of Lincoln College, Oxford Category:American anti–Iraq War activists Category:American people of Canadian descent Category:American political pundits Category:American Rhodes scholars Category:American talk radio hosts Category:American television personalities Category:American women journalists Category:LGBT journalists Category:LGBT people from the United States Category:LGBT radio personalities Category:LGBT rights activists from the United States Category:LGBT television personalities Category:Living people Category:MSNBC Category:NBC News Category:People from the San Francisco Bay Area Category:Stanford University alumni
ar:راتشيل مادو bg:Рейчъл Мадау de:Rachel Maddow eo:Rachel Maddow et:Rachel Maddow es:Rachel Maddow fa:ریچل مدو fr:Rachel Maddow ko:레이철 매도우 nl:Rachel Maddow ja:レイチェル・マドー pl:Rachel Maddow simple:Rachel Maddow sh:Rachel MaddowThis text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
| Name | Keith Olbermann |
|---|---|
| Birthname | Keith Theodore Olbermann |
| Birth date | January 27, 1959 |
| Birth place | New York City, New York, U.S. |
| Education | B.S., Cornell University |
| Occupation | Political commentator |
| Years active | 1980s–present |
| Credits | ''Countdown with Keith Olbermann'' (2003–2011)''SportsCenter'' (1992–1997)''Football Night in America'' (2007–2010) |
| Agent | }} |
Olbermann spent the first twenty years of his career in sports journalism. He was a sports correspondent for CNN and for local TV and radio stations in the 1980s, winning the ''Best Sportscaster'' award from the California Associated Press three times. He later co-hosted ESPN's ''SportsCenter'' from 1992 to 1997. After leaving ESPN amid controversy, Olbermann became a sports anchor and producer for Fox Sports Net from 1998 to 2001, during which time he hosted Fox's studio coverage of baseball.
After leaving Fox, Olbermann re-joined MSNBC after a hiatus, hosting ''Countdown with Keith Olbermann'' from 2003 until 2011. Olbermann established a niche in cable news commentary, gaining note for his pointed criticism of major politicians and public figures, directed particularly at the political right. He feuded with rival Fox News Channel commentator Bill O'Reilly and strongly criticized the George W. Bush administration and John McCain's unsuccessful 2008 Presidential candidacy. Although he has said on at least one occasion "I'm not a liberal; I'm an American", many describe Olbermann as a liberal.
Olbermann became a devoted fan of baseball at a young age, a love he inherited from his mother who was a lifelong New York Yankees fan. As a teenager, he often wrote about baseball card-collecting and appeared in many sports card-collecting periodicals of the mid-1970s. He is also referenced in ''Sports Collectors Bible'', a 1979 book by Bert Sugar, which is considered one of the important early books for trading card collectors.
While at Hackley, Olbermann began his broadcasting career as a play-by-play announcer for WHTR. After graduating from Hackley in 1975, Olbermann enrolled at Cornell University at the age of 16. At college, Olbermann served as sports director for WVBR, a student-run commercial radio station in Ithaca. Olbermann graduated from Cornell in 1979 with a B.S. in communications arts.
Early in 1997, Olbermann was suspended for two weeks after he made an unauthorized appearance on ''The Daily Show'' on Comedy Central with then-host and former ESPN colleague Craig Kilborn. At one point in the show, he referred to Bristol, Connecticut (ESPN's headquarters), as a "'Godforsaken place." Later that year, Olbermann abruptly left ESPN under a cloud of controversy, apparently burning his bridges with the network's management; this began a long and drawn-out feud between Olbermann and ESPN. Between 1997 and 2007, incidents between the two sides included Olbermann's publishing an essay on Salon.com in November 2002, titled "Mea Culpa", in which he stated: "I couldn't handle the pressure of working in daily long-form television, and what was worse, I didn't know I couldn't handle it." The essay told of an instance when his former bosses remarked he had "too much backbone," a claim that is literally true, as Olbermann has six lumbar vertebrae instead of the normal five.
In 2004, Olbermann was not included in ESPN's guest lineup for its 25th anniversary ''SportsCenter'' "Reunion Week," which saw Craig Kilborn and Charley Steiner return to the ''SportsCenter'' set. In 2007, ten years after Olbermann's departure, in an appearance on ''The Late Show with David Letterman'', he said: "If you burn a bridge, you can possibly build a new bridge, but if there's no river any more, that's a lot of trouble." During the same interview, Olbermann stated that he had recently learned that as a result of ESPN's agreeing to let him return to the airwaves, he was banned from ESPN's main (Bristol, Connecticut) campus.
According to Olbermann, he was fired from Fox in 2001 after reporting on rumors that Rupert Murdoch, whose News Corporation owns Fox, was planning on selling the Los Angeles Dodgers. When asked about Olbermann, Murdoch said: "I fired him...He's crazy." News Corp. went on to sell the Dodgers to Frank McCourt in 2004. That year, Olbermann remarked, "Fox Sports was an infant trying to stand [in comparison to ESPN], but on the broadcast side there was no comparison—ESPN was the bush leagues."
After Olbermann left Fox Sports in 2001, he provided twice-daily sports commentary on the ABC Radio Network, reviving the "Speaking of Sports" and "Speaking of Everything" segments begun by Howard Cosell.
In 2005, Olbermann made a return to ESPN on the radio when he began co-hosting an hour of the syndicated ''Dan Patrick Show'' on ESPN radio, a tenure that lasted until Patrick left ESPN on August 17, 2007. Olbermann and Patrick referred to this segment as "The Big Show," just as their book was known. Patrick often introduced Olbermann with the tagline "saving the democracy," a nod to his work on ''Countdown''.
On April 16, 2007, Olbermann was named co-host of ''Football Night in America'', NBC's NFL pre-game show that precedes their Sunday Night NFL game, a position which reunited him in 2008 with his former ''SportsCenter'' co-anchor Dan Patrick. Olbermann left the show prior to the start of the 2010 season.
When the Monica Lewinsky scandal broke in 1998, ''The Big Show with Keith Olbermann'' morphed into ''White House in Crisis''. Olbermann became frustrated as his show was consumed by the Lewinsky story. In 1998, he stated that his work at MSNBC would "make me ashamed, make me depressed, make me cry." Olbermann left MSNBC for Fox Sports Net shortly thereafter.
After leaving Fox Sports in 2001, Olbermann returned once more to news journalism. In 2003, his network won an Edward R. Murrow Award for writing on the "Keith Olbermann Speaking of Everything" show. In addition, Olbermann wrote a weekly column for Salon.com from July 2002 until early 2003., worked for CNN as a freelance reporter, and was a fill-in for newscaster Paul Harvey.
Olbermann revived his association with MSNBC in 2003 briefly as a substitute host on ''Nachman'' and as an anchor for the network's coverage of the war in Iraq.
''Countdown'''s format, per its name, involves Olbermann ranking the five biggest news stories of the day or sometimes "stories my producers force me to cover," as Olbermann puts it. This is done in numerically reverse order, counting down with the first story shown being ranked fifth but apparently the most important. The segments ranked numbers two and one typically are of a lighter fare than segments ranked five through three. The first few stories shown are typically oriented toward government, politics, and world events. His stories usually involve celebrities, sports, and, regularly and somewhere in the middle, the bizarre, in a segment he calls "Oddball." Opinions on each are offered by Olbermann and interviewed guests. Olbermann has been criticized for only having guests that agree with his perspective. Former ''Los Angeles Times'' television critic Howard Rosenberg stated that "Countdown is more or less an echo chamber in which Olbermann and like-minded bobbleheads nod at each other."
In a technique similar to that of former CBS News anchor Walter Cronkite in connection to the Iran Hostage Crisis, Olbermann for many years closed the program by counting the days since May 1, 2003, the day that President George W. Bush declared the end of "major combat operations" in Iraq under a banner that read "Mission Accomplished", and then crumpling up his notes, throwing them at the camera and saying "Good night and good luck" in the mode of another former CBS newsman, Edward Murrow. Olbermann discounts this gesture to his hero as "presumptuous" and a "feeble tribute."
On February 16, 2007, MSNBC reported that Olbermann had signed a four-year extension on his contract with MSNBC for ''Countdown'' which also provided for his hosting of two ''Countdown'' specials a year to be aired on ''NBC'' as well as for his occasional contribution of essays on ''NBC's Nightly News with Brian Williams''.
Olbermann co-anchored, with Chris Matthews, MSNBC's coverage of the death of fellow NBC News employee Tim Russert on June 13, 2008. He presented a tribute, along with several fellow journalists, in honor of Russert.
During the 2008 U.S. presidential election, Olbermann co-anchored MSNBC's coverage with Chris Matthews until September 7, 2008, when they were replaced by David Gregory after complaints from both outside and inside of NBC that they were making partisan statements. This apparent conflict of interest had been an issue as early as May 2007, when Giuliani campaign officials complained about his serving in dual roles, as both a host and a commentator. Despite this, ''Countdown'' was broadcast both before and after each of the presidential and vice-presidential debates, and Olbermann and Matthews joined Gregory on MSNBC's Election Day coverage. Olbermann and Matthews also led MSNBC's coverage of the inauguration of President Barack Obama.
In November 2008, it was announced that Olbermann had signed a four-year contract extension worth an estimated $30 million.
Since beginning ''Countdown''
In an article on "perhaps the fiercest media feud of the decade", the ''New York Times's'' Brian Stelter noted that as of early June 2009 the "combat" between the two hosts seems to have abruptly ended due to instructions filtered down to Olbermann and O'Reilly from the chief executives of their respective networks. On the August 3, 2009 edition of ''Countdown'', Olbermann asserted that he had made statements to Stelter before the article was published denying that he was a party to such a deal, or that there was such a deal between NBC and Fox News, or that any NBC executive had asked him to change ''Countdown'''s content. Olbermann maintained that he had stopped joking about O'Reilly because of O'Reilly's attacks of George Tiller, and soon resumed his criticism of O'Reilly.
During the interim between shows, Olbermann also launched an "official not-for-profit" blog called FOKNewsChannel.com, "FOK" being an abbreviation for "Friends Of Keith". The blog features political commentaries by Olbermann—including viral video versions of ''Countdown'''s "Special Comment" and "Worst Person" segments—as well as photographs of his outings at professional baseball games. On May 29, 2011, the FOKNewsChannel.com domain redirected to the Current website promoting the June 20 launch.
During the 2008 Democratic Party primaries Olbermann frequently chastised presidential aspirant Hillary Clinton for her campaign tactics against her principal opponent, Senator Barack Obama, and made her the subject of two of his "special comments". Olbermann has also posted on the liberal blog Daily Kos.
In November 2007, British newspaper ''The Daily Telegraph'' placed Olbermann at #67 on their Top 100 list of most influential US liberals. It said that he uses his MSNBC show to promote "an increasingly strident liberal agenda." It added that he would be "a force on the Left for some time to come." Avoiding ideological self-labeling, Olbermann once told the on-line magazine Salon.com, "I'm not a liberal, I'm an American."
Before the 2010 Massachusetts special election, Olbermann called Republican candidate Scott Brown "an irresponsible, homophobic, racist, reactionary, ex-nude model, Tea Bagging supporter of violence against women, and against politicians with whom he disagrees". This was criticized by his colleague Joe Scarborough, who called the comments "reckless" and "sad". Yael T. Abouhalkah of the ''Kansas City Star'' said that Olbermann "crossed the line in a major way with his comments". Jon Stewart criticized him about this attack in his show by noting that it was "the harshest description of anyone I've ever heard uttered on MSNBC", following which Olbermann apologized by noting, "I have been a little over the top lately. Point taken. Sorry."
He has accused the Tea Party movement of being racist due to what he views as a lack of racial diversity at the events, using photos that show overwhelmingly Caucasian crowds attending the rallies. In response, the Dallas Tea Party invited Olbermann to attend one of their events and also criticized his network for a lack of racial diversity, pointing out that an online banner of MSNBC personalities that appears on the website shows only white personalities. Olbermann declined the invitation, citing his father's prolonged ill health and hospitalization and noted that the network has minority anchors, contributors and guests.
On his February 14, 2008 "Special Comments" segment, Olbermann castigated Bush for threatening to veto an extension of the Protect America Act unless it provided full immunity from lawsuits to telecom companies. During the same commentary, Olbermann called Bush a fascist.
In a special comment on May 14, 2008, Olbermann criticized Bush for announcing that he had stopped playing golf in honor of American soldiers who died in the Iraq war. He stated that Bush never should have started the war in the first place, and he accused Bush of dishonesty and war crimes.
Olbermann is a dedicated baseball fan and historian of the sport, with membership in the Society for American Baseball Research. In 1973, when he was only 14 years old, Card Memorabilia Associates published his book ''The Major League Coaches: 1921–1973''. The September issue of Beckett Sports Collectibles Vintage included a T206 card that depicted Olbermann in a 1905-era New York Giants uniform. He argues that New York Giants baseball player Fred Merkle has been unduly criticized for his infamous baserunning mistake. He contributed the foreword to ''More Than Merkle'' (ISBN 0-8032-1056-6), a book requesting amnesty for "Merkle's Boner". Olbermann was also one of the founders of the first experts' fantasy baseball league, the ''USA Today Baseball Weekly'' League of Alternative Baseball Reality, and he gave the league its nickname "LABR". Olbermann wrote the foreword to the 2009 Baseball Prospectus Annual.
In March 2009, Olbermann began a baseball-related blog entitled Baseball Nerd. He has also written a series of articles on baseball cards for the ''Sports Collectors Digest''.
Olbermann suffers from a mild case of coeliac disease, as well as restless legs syndrome. In August 1980, he also suffered a head injury while "leaping" onto the NYC subway. This head injury permanently upset his equilibrium, resulting in his avoidance of driving. Along with Bob Costas, he supports the Multiple Myeloma Research Foundation as an honorary board member.
During a period in the mid-1990s, Olbermann appeared in a series of Boston Market advertisements, in which he would instruct a group of underweight models to "Eat something!"
Olbermann's father, Theodore, died on March 13, 2010 of complications from colon surgery the previous September. His mother had died several months before. Olbermann had cited the need to spend time with his father for taking a leave of absence shortly before his father's death, occasionally recording segments to air at the beginning of the shows which Lawrence O'Donnell guest hosted in his absence, giving his views on the state of the American health care system and updating viewers on his father's condition.
Category:Article Feedback Pilot Category:1959 births Category:American broadcast news analysts Category:American political pundits Category:American television news anchors Category:American television talk show hosts Category:Boston, Massachusetts television anchors Category:Cornell University alumni Category:American writers of German descent Category:Living people Category:Television news anchors in Los Angeles, California Category:Major League Baseball announcers Category:MSNBC Category:NBC News Category:People from New York City Category:People from Westchester County, New York Category:National Football League announcers
ar:كيث أولبرمان de:Keith Olbermann et:Keith Olbermann es:Keith Olbermann eo:Keith Olbermann fa:کیت اولبرمن fr:Keith Olbermann ko:키스 올버맨 ja:キース・オルバーマン pl:Keith Olbermann simple:Keith Olbermann sh:Keith OlbermannThis text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
| Name | Paul Watson |
|---|---|
| Birth date | |
| Birth place | Toronto, Ontario, Canada |
| Nationality | Canadian |
| Occupation | Activist |
| Spouse | Starlet LumLisa RobertsAllison Lance |
| Website | SeaShepherd.org |
| Footnotes | }} |
The Toronto native joined a Sierra Club protest against nuclear testing in 1969. He was an early and influential member of Greenpeace, crewed and skippered for it, and later was a board member. Watson argued for a strategy of direct action that conflicted with the Greenpeace interpretation of nonviolence, was ousted from the board in 1977, and subsequently left the organization. That same year, he formed Sea Shepherd Conservation Society. The group is the subject of a reality show, ''Whale Wars''.
He also promotes veganism, voluntary human population control, and a biocentric, rather than anthropocentric, worldview.
In 1968 and the early 1970s, he joined the Canadian Coast Guard, where he served aboard weatherships, search and rescue hovercraft, and buoy tenders. He signed up as a merchant seaman in 1969 with the Norwegian Consulate in Vancouver and shipped out on the 35,000 ton bulk carrier ''Bris'' as a deck hand. The ''Bris'' was registered in Oslo, Norway and manifested for the Indian Ocean and Pacific trade.
Watson has one child, Lilliolani (“Lani”) Paula Lum Watson (born 1980) with his first wife, Starlet Lum, who was a founding director of Greenpeace Quebec, Earthforce!, Project Wolf, and Sea Shepherd. His second wife, Lisa Roberts, a former model, was Sea Shepherd's Director of Operations during the Makah anti-whaling campaigns in Friday Harbor. His third wife, Allison Lance, is an animal rights activist and a volunteer crew member of Sea Shepherd.
Greenpeace states that Watson "...was an influential early member but not, as he sometimes claims, a founder." Paul Watson maintains he was indeed a founding member.
During the 1980s, Watson declared his support for Earth First! and cultivated friendships with David Foreman and Edward Abbey. He proclaimed Sea Shepherd to be the "navy" of Earth First! Watson has claimed to have invented the tactic of tree spiking.
Although currently unaffiliated with it, Watson did work with the Green Party of British Columbia in Vancouver in the 1980s and 90s. He ran for mayor in 1996, placing fourth.
In April 2003, Watson was elected to the board of directors of the Sierra Club for a three-year term. In 2006, he did not seek re-election. He resigned from the board a month before his term ended, in protest against the organization's sponsorship of a "Why I Hunt" essay contest.
Watson feels that "no human community should be larger than 20,000 people," human populations need to be reduced radically to "fewer than one billion," and only those who are "completely dedicated to the responsibility" of caring for the biosphere should have children, which is a "very small percentage of humans." He likens humankind to a virus, the biosphere needs to get cured from with a "radical and invasive approach," as from cancer.
In January 2008 Paul Watson was named by ''The Guardian'' as one of its "50 people who could save the planet" for the work of the Sea Shepherd Conservation Society.
In ''Earthforce! An Earth Warrior’s Guide to Strategy'', Watson also expresses disdain for truthfulness in the pursuit of environmental protection goals:
The nature of the mass media today is such that the truth is irrelevant. What is true and what is right to the general public is what is defined as true and right by the mass media. Ronald Reagan understood that the facts are not relevant. The media reported what he said as fact. Follow-up investigation was “old news.” A headline comment on Monday’s newspaper far outweighs the revelation of inaccuracy revealed in a small box inside the paper on Tuesday or Wednesday.
Watson was explicit on this score: “If you do not know an answer, a fact, or a statistic, then simply follow the example of an American President and do as Ronald Reagan did—make it up on the spot and deliver the information confidently and without hesitation.” In a subsequent book, ''Ocean Warrior'', Watson reiterated this view, saying: “Survival in a media culture meant developing the skills to understand and manipulate media to achieve strategic objectives.”
In 1977, Watson was expelled from the Greenpeace's board of directors by a vote of 11 to 1 (Watson himself cast the single vote against it). The group felt his strong, "front and center" personality and frequently voiced opposition to Greenpeace's interpretation of "nonviolence" were too divisive. Watson subsequently left the group. The group has since labeled his actions at the time as those of a "mutineer" within their ranks. That same year, he founded his own group, the Sea Shepherd Conservation Society.
During an interview in 1978 with CBC Radio, Watson spoke out against Greenpeace (as well as other organizations) and their role and motives for the anti-sealing campaigns. Watson accused these organizations of campaigning against the Canadian seal hunt because it is an easy way to raise money and it is a profit maker for the organizations.
Greenpeace has called Watson a violent extremist and will no longer comment on his activities. Watson was arrested in 1993 in Canada on charges stemming from actions against Cuban and Spanish fishing boats off the coast of Newfoundland. In 1997, Watson was convicted ''in absentia'' and sentenced to serve 120 days in jail by a court in Lofoten, Norway on charges of attempting to sink the small scale Norwegian fishing and whaling vessel ''Nybrænna'' on 26 December 1992. Dutch authorities refused to hand him over to Norwegian authorities although he did spend 80 days in detention in the Netherlands pending a ruling on extradition before being released.
There have not been any successful attempts at prosecuting Watson for his activities with Sea Shepherd since the trial in Newfoundland. Watson himself defends his actions as falling within international law, in particular Sea Shepherd's right to enforce maritime regulations against illegal whalers and sealers. Watson caught a Costa Rican fishing boat poaching in Guatemalan waters while he was on a journey to Costa Rica, having been invited by its president to help in the fight against shark poaching there. The authorities in Costa Rica later filed a charge of attempted murder against Watson and a colleague, Rob Stewart, in what Watson and Stewart have described as an effort to cover up mafia-funded illegal shark finning operations. They eventually fled to international waters to escape arrest by Costa Rican coast guards after they had filmed what they attest was mafia-funded shark-finning in private docks. These events are featured in ''Sharkwater'', a documentary about sharks and activism.
Watson was also told to leave Iceland after disabling two ships in harbor and turning himself in to the Icelandic police . Kristjan Loftsson of Iceland's largest whaling company told ''The New Yorker'' that Watson is ''persona non grata'' in that country.
In April 2010, the Japanese Coast Guard obtained an arrest warrant for Watson "...on suspicion of ordering sabotage activities against Japan's whaling fleet", and Interpol has listed him as wanted at the request of Japan. The blue notice asks national police forces to provide information on Watson's whereabouts and activities, but does not seek an arrest.
On March 17, 2008 Paul Watson said that he was shot by the Japanese crew or coast guard personnel during the Operation Migaloo anti-whaling campaign in the Southern Ocean. The incident is documented during the season finale of season 1 of the ''Whale Wars'' TV reality show, and the first six episodes are covered as a buildup to what is portrayed as the major incident during the campaign. The footage in ''Whale Wars'' shows Watson standing on the deck of the ''Steve Irwin'' while Sea Shepherd crew throws glass bottles filled with butyric acid at the ''Nisshin Maru'' whaling vessel. Butyric acid was used for its foul odor and sticky properties. The Japanese respond by throwing flashbang devices. Watson is then shown reaching inside his jacket and body armour and remarking "I've been hit." Back inside the bridge of the Steve Irwin, a metal fragment is found inside the vest.
The Japanese Institute of Cetacean Research has dismissed Sea Shepherd's statements as lies. The Institute and Coast Guard said that they used seven flashbang devices designed to flash and make noise in the air without causing harm. Neither of the two conflicting accounts have been independently verified. The Australian Foreign Affairs Department had condemned "actions by crew members of any vessel that cause injury". Two media releases were made on the same day from the office. One said that the Australian Embassy in Tokyo had been informed by the Japanese that the whalers had "fired warning shots" while the updated version used the phrase "'warning balls' – also known as 'flashbangs' – had been fired".
Watson has been called an eco terrorist by the Japanese government for his direct action tactics against whalers, and have repeated their position after conflicts during the 2009-10 whaling season.
Watson has stated that he does not consider himself a 'protester', but an 'interventionist', as he considers protesting as too submissive. He often takes the attitude that he represents (or stands in for) law enforcement which is either unwilling or unable to enforce existing laws.
Watson, ''Whale Wars'', and the Japanese whaling industry were satirized in the ''South Park'' episode "Whale Whores". Watson himself was called "An unorganized incompetent media whore who thought lying to everyone was OK as long as it served his cause" and "A smug, narcoleptic liar with no credibility". Watson responded to the ''South Park'' episode by stating; "My understanding is that the Japanese prime minister was not amused, and the whalers and dolphin killers are enraged at the way they were portrayed," Watson said. "That’s music to my ears. If the humorless whale killers and the bank-rollers of the dolphin killers did not like the show, then that’s all I need to applaud it."
Category:1950 births Category:Canadian environmentalists Category:Canadian vegans Category:Green Party of British Columbia politicians Category:Greenpeace Category:Sierra Club Category:Living people Category:Green thinkers Category:Sea Shepherd Conservation Society Category:Sustainability advocates Category:People from Charlotte County, New Brunswick Category:People from Toronto Category:Animal rights advocates
de:Paul Watson es:Paul Watson fr:Paul Watson is:Paul Watson it:Paul Watson nl:Paul Watson ja:ポール・ワトソン no:Paul Watson pl:Paul Watson pt:Paul Watson ru:Уотсон, Пол fi:Paul Watson sv:Paul Watson tr:Paul WatsonThis text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
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