How I got into Wall Street and the steps I took
MOD NOTE: HILARIOUS WSO SPAM FAIL
I want to share a great opportunity and my experience with a program I have recently completed. I took a class to attain my license for the Series 7, through a 4 day preparation class and how I got a job through the program.
I took this class because I am interested in working as a Wall Street stock broker and i was always into trading. The instructor was very kind to tell me every thing I needed to know to ace the exams (It also didn't hurt that it was a 100% pass guarantee or you can retake the course for free until you pass). The instructor was also very helpful in assisting me with any questions I had about Wall Street or finance.
It was also very affordable compared to the big name companies test prep centers. (Have to be save money instead of spending lot more to get the same results)
The one thing that really attracted me was that this class is the only class that is sponsored. I was given a job offer, once I completed and excelled in its program.
I wanted to simply share this with you because it was a great learning experience and job opportunity for me in this hard times. If you have any question regarding my experience or about the Series 7 feel free to contact me.
njpli.org.....nice username. You think you can fool us?
Ads usually cost money Jason.
Domain ID:D161388626-LROR Domain Name:NJPLI.ORG Created On:02-Feb-2011 22:00:58 UTC Last Updated On:03-Feb-2011 10:13:48 UTC Expiration Date:02-Feb-2013 22:00:58 UTC Sponsoring Registrar:GoDaddy.com, Inc. (R91-LROR) Status:CLIENT DELETE PROHIBITED Status:CLIENT RENEW PROHIBITED Status:CLIENT TRANSFER PROHIBITED Status:CLIENT UPDATE PROHIBITED Status:TRANSFER PROHIBITED Registrant ID:CR74151393 Registrant Name:Jason Nichols Registrant Organization:Scrier Funds LLP Registrant Street1:1961 Morris Ave Registrant Street2:C-5 Registrant Street3: Registrant City:Union Registrant State/Province:New Jersey Registrant Postal Code:07083 Registrant Country:US Registrant Phone:+1.2013418734 Registrant Phone Ext.: Registrant FAX: Registrant FAX Ext.: Registrant Email:[email protected]
Curious how you got all that info.
Scrier funds... interesting... 40 "interns"???
Maybe they came in from this:
http://www.ziprecruiter.com/job/Private-Fund-Internships/5332cc8c/
No FINRA reg, shady marketing practices.
DON'T WALK, RUN.
Regardless, by making this post, you've exposed Scrier funds as a fake on resumes to a number of legitimate wall street employees and recruiters. Too bad you had to get greedy and screw everything up by spamming, Jason. Worse, with WSO's pagerank, everyone who googles NJPLI.org, Scrier Funds, or heck, even your name, is going to see this thread.
I hope you give these kids back the money you took from them after you promised them a wall street "internship".
Classic. Love the one listed as "Intern at Scrier Funds" was "Barista at Starbucks Coffee Company".
Nice boiler room you've got there, J-Bone.
Ha! I was thinking the exact same thing! Million bucks says the office suite in New Jersey is abandoned.
Jason is all: http://26.media.tumblr.com/tumblr_li6jpxyZyy1qe11kdo1_500.jpg
Jesus, the Series 7 test prep he's pimping lets you put your Series 7 on layaway for two years. Classic:
http://www.njpli.org/html/combocost.html
"Yeah, ummm... I wanna work on Wall Street, but I can only afford $14 a month. What can you do for me?"
Jason, in case you're wondering, if you SPAM WSO, which you clearly have, you will pay the price.
This WSO thread is now #5 on Google for NJPLI.org. Never figured Google was that fast at indexing this.
pitiful...
eat shit Jason
Wow, epic fail
Keep bumping the thread so its #1 on google as SPAMSHIT
His fund is involved in everything, even scrapping metals.
http://www.recycleinme.com/rim-FuWei/home.aspx
hahahahahahahahahhaha what a major douchetool
Poor poor guy.... this is what happens when you try to steal.
He's a big CEO:
http://twitter.com/ceojasonnichols
over under he has a Series 7 and a Series 63?
He HAD his Series 7/63... so, let's call it a PUSH?
http://www.finra.org/Investors/ToolsCalculators/BrokerCheck/
You guys gotta check out the sad building these clowns are operating out of:
http://maps.google.fr/maps?q=1961+morris+ave+union+nj&oe=utf-8&rls=org…
Pretty ghetto. Wonder if they still have the original shag carpet on the trading floor.
You can rent there too! Less than 2k a month!!!
http://www.cheapofficerents.com/products
Burned hard.
Poor guy, essentially his career as the CEO is ruined.
If you need a tutor for the Series 7, you are doing something wrong with your life.
Hilarious. I love that he had to put "CEO" in his email address.
I think we've found Dawn Boyer a husband.
MMBinNC,
That's awesome, but his WHOIS info lists him in suite C-5. Here's the description of this palatial spread:
You think they fit a receptionist in that space?
Also the website is ghetto and misleading. They are in a building that looks like it used to have a brick facade, but was remodeled in the 70's to a "modern" glass one. Where's my SKYSCRAPER?!?!?!?!?
www.scrier.com
I also love "He has trained under industry luminaries like Jody Eisenmann and Craig Colleta." Who are they?
.
Because he's blocked...lol
"Scrier Firms is in the process of applying to become a regional center for foreign investors. What this means is that Scrier can help you apply for and secure United States permanent resident status."
Green card services and everything.... my fobby genetics are all over it
People do lie but this has to an overboard man. Wtf is wrong with this dude! Especially lying to this industry.
"Mr. Nichols uses his broad base of understanding, as well as an intense focus and desire to succeed for a combined total of 7 years of relevant experience."
What a bunch of generic BS, how has this guy convinced anyone to use his services? Can you imagine the barista from Starbucks showing up at that ghetto office building and expecting to end up working on Wall St?
I'm glad this ass clown has been exposed here.
engrish.com?
WSO is like the 300 for anti spamage. None shall pass.
Contrary to popular belief that it is a scam, in fact, this is the most ambitious troll in internet history.
Jason Nichols, they see you trollin', they hatin'.
Jersey.
I knew it.
I love how the Senior Partner handles "Human Resources" and "Underwriting" cause for most firms those two are usually pooled together...
Reminds me of a guy I saw on LinkedIn one time whose title was Vice President at (Guys' Name) Capital Management. I hope for his sake his father founded the firm and he's Jr.
This shit is just too epic, in fact is so epic this can not possibly be a troll.
This has to be a stellar contender for the "WSO thread of the year" award.
Also: http://www.job-ad-venture.com/Job.cfm/408818 http://www.money-talk.org/thread17791.html http://twitter.com/NJPLI http://www.facebook.com/pages/New-Jersey-Professional-Licensing-Institu… http://jobs.allstarjobs.com/index.php?post_id=180114
So are you guys saying I shouldn't have e-mailed him and given my credit card info?
How can I get it back?
lmao. I read this whole thread in a terry tate voice. YOU COME UP IN MA HOUSE YOU GOT RUN DOWN BY THE PAIN TRAIN. WOOOOO WOOOOO
Everyday I log onto WSO and I think to myself: could the trolls on here outdo themselves today? I haven't been dissapointed yet. How ironic is that picture though?
Hedge Fund Intern, Scrier Funds LLC
Sagar S.
Came from...
The UPS Store, Junior Assistant Manager
WOW i didnt know UPS had such great exit opps!
Seriously Jason, if we had real monkey shit on WSO it would be in your face. Great way to burn bridges before you have put in the work.....
How are people so stupid to put this on their resume
epic thread
every thing about this is just perfect trolling.
.ORG???????
Were now 3rd on google indexing!
C'mon Illini, you're not trying to right a wrong... you're being malicious. You can't be a registered representative unless you're registered with a registered agent (or whatever the fuck the terminology is). For those people who "buy" a designation or training to get one without knowing the value, importance or even what it is... thats their own damn fault for mindlessly chasing.
Twitter from Jan:
.A lot going on at the firm. Commercial paper fund. AC RED Center. Contact Scrier Funds @ (646) 504-7279 or visit our website: scrier.com
I gotta get in on this. I could go to the dentist, setup a time to paint my house, and stop by the funds' office without leaving the building. One stop shop.
There has to be something fraudulent going on with this whole organization. IliniProgrammer's link to Linked-in shows a constant flow of new "interns". What? Are people paying some fee to have the right to put this company on their resume or something? $500 for practice passing the Series 7 and 63? You'd have to be mentally disabled to need to pay $500 in test prep for these tests. The website itself is awful--they could have done a better job with Intuit websites (NOT spamming here). It's like the entire money making scheme is to take advantage of people with IQs under 100 who want to work on "Wall Street" as "stock brokers" (because we know it's 1985).
While not as extreme as back in the day, this practice is still alive and well. I'm in wealth management now--not my first choice but the job market sucked, anyways back to topic--there are a lot of small and local firms that operate like insurance salesmen, just doing churn-and-burn through dumb kids, who can indeed work hard, but all they do is cold call all day. Not even chop shops--some of these companies (I'm being deliberately vague for a variety of reasons, PM me if you want to know more) do indeed sell legit investment advice, but they just have NO IDEA how to manage a sales force, i.e.: there is a reason why they are a no-name RIA instead of Merrill Lynch or Northern Trust.
Dude's facebook picture looks strangely similar to the picture at the top of the thread:
http://www.facebook.com/ceo.jason.nichols
^^^ Nice find. I was looking for that. LOL--Montclair State University? Ha!
gets better lol
http://www.visualcv.com/jnichols
[quote=azima]gets better lol
http://www.visualcv.com/jnichols[/quote]
wow...
[quote=azima]gets better lol
http://www.visualcv.com/jnichols[/quote]
"Having obtained a TS/SCI clearance, my Series 7 & 63, and numerous other certificates and awards, I have finally moved in to what I believe will be my real calling. I am currently the Director of Business Development for Agence Vitae Conseil, one of the world's largest and most successful recruiting firms.
Our NY offices are located at 80 Broad St. two blocks down from the NYSE, but our headquarters is in Paris, with satellite locations from Brussels to Shanghai."
Purely amazing. Best thread ever to start the day ! :)
http://www.linkedin.com/profile/view?id=21617686&trk=tab_pro
Recommendation: “I referred Jason to the place of my mother's employment, Eagle Rock School Bus Company. They had a peculiar financial need which required a rapid response to avoid a catastrophe. Jason and his team managed to take a company facing imminent collapse due to unforeseen circumstances to the start of financial stability in four days, saving over twenty jobs in the process.” February 13, 2011 Caias Ward, Lead Writer, TaleSpinner Studios was with another company when working with Jason at Scrier Funds
Yeah, there is some real shady sh*t going on with this guy. Looks to me like a professional scam artist.
^--- Tale Spinner Studios... LOL
C'mon guys, this backlash is a bit excessive. Its just a dumb kid trying to make a few bucks and get something started. Sure he's probably targeting unsuspecting kids who think its going to help get them a job, but in all honesty anyone dumb enough to pay this guy is pretty much asking for it anyway.
I don't know, Marcus. The combination of different sources of information and putting 2 and 2 together appears that, on the surface, some form of fraudulent activity is going on. I think if anyone were to dig deeper, they'd find that this guy and his "firms" are running some form of fraud. I mean, the Linkedin profile had several dozen "interns"--like, hedge fund interns--working for a company with a website that was put together in 10 minutes.
I don't know, I still think its a bit much. Atleast his personal information (i.e. name, links to sites that disclose his name) should be pulled from this thread. There's no reason for it. I'm all for giving people a hard time but thats just viciousness. This is just a bunch of kids hiding behind the cloak of the internet ganging up on this idiot.
There's no reason to air someone out like that unless he did something really egregious. You're literally killing this kids chance of ever getting a job by anyone that knows how to use Google.
Yeah, I feel ya, brother. I don't wish this guy's life to be destroyed either. I see both sides. If it's a fraud, the guy deserves to be called out. If not, then I should shut my mouth. And since I really don't have any evidence other than circumstantial evidence, I should, in all seriousness, probably just shut up.
I'm editing my post to reduce the emphasis on his name for Google searches- I don't want to see this guy's career ruined either, but we do need to leave Jason's full name up there. The victims need to take priority over the con. I've seen stuff like this go down and names/locations/associations/contact info starts disappearing. So it would be helpful to have a record here.
For the record, the guy is 29. He's not exactly a kid.
Its very possible that is wasn't even him who posted...could have been one of his "interns" trying a new "marketing initiative"
total con artist. I would bet alot of money that every line on that resume including the military service is pure fiction...
.
Haha. Assdouche got burned.
I agree with VT though, this looks like a total scam.
Jesus this is like a 4chan raid...
Was just going to say this.
You know the sad part, I know exactly where the office is located. Eddie, when you linked the map, I instinctively when "Really? Really? Really."
I mean, J-Dawg, wtf? You're giving Jersey a bad name. Take your fucking filth and get the fuck out of my state! Fucking scumbag ruining the good name of Jersey. Fucking cuntwaffle! I hope you rot in hell.
Cuntwaffle? Is that a jersey thing?
I'm interested in Scrier Private Equity. I wonder what that portfolio looks like...
must have alot of coffe stocks!
Look, you've made Jason famous:
http://www.elitetrader.com/vb/showthread.php?s=ff8daee71e15d80405b5facc…
Can't something be done about this guy? It sucks that he's trying to scam people into "jobs".
http://scriernews.blogspot.com/
btw, long time lurker, first time poster
WTF is an LLLP?
That's ArbitRAGE's account. He's a regular poster here, too- has the Simpsons' angry monkey in his avatar.
^----- OMG!!! Did you find a typo in his blog?
Mob mentality.
Get a fucking life, all of you. This is so pathetic.
He over promised on some horse shit prep service. No one is getting arraigned by the attorney general. He didn't break the fuckin Geneva convention, take a Midol.
He's just some clueless kid who thought he was going to be the next Henry Kravis. Maybe he wasn't cool enough to have figured out what high finance is when he was 16 and spent the formative years of his life obsessing about prestige, bank rankings, top group and exit ops... like most of you, but I'd rather be as clueless as him than mindless tool drones like most of the people posting on this thread.
Find something better to do. The mods need to step up act like mature adults and redact this douche's name and personal info.
Marcus angry. Marcus Smash!
[comment deleted in agreement with Marcus' post]
I'm sorry, Marcus, but I don't feel sorry for a series seven "instructor" who set up a "brokerage" designed to get folks their series sevens without even getting the firm registered with FINRA. Everybody has had to deal with 29-year-old shysters 10 years more sophisticated than his victims at some point or another. And I think it's kinda inconsistent to attack folks for attacking him.
Perhaps this isn't the best time to form a lynch mob, but ad-hominems never help either. This hedge fund "manager" lacks a sense of responsibility and now he has been exposed. This apparently makes you angry enough to launch into attacks and generalizations- maybe because you somehow identify with him. Where is the mercy for the folks who got victimized by his wheeling and dealing with a fake PE shop?
We need to leave the name and contact info up there so folks can figure out where to go to get their money back. Names and contact info tend to disappear when unprofessional business practices get exposed, and it's good to have a record. Not to pillory this guy in the Google search results- just so that when someone finds out they got duped about their status as a registered broker and finds this forum, they know where to go next. (IE: Small claims court or the NJ AG's office)
+1
I'm actually surprised that Marcus has been so lenient on this. I don't think this is some "kid" (really... he's 29 - as someone pointed out, not 16) and is not naive and trying to be the next Kravis. He's posting up some shit about being able to land a job offer after getting your Series 7. He's praying on others naivete - so I don't think we should cut him slack.
You can say people that fall for his crap website, or don't bother to do a google search like the collective WSO community did, deserve to be ripped off. But really, majority of the population doesn't know what 'Wall Street' does, and this guy is clearly taking advantage of that.
I'm all for leaving his name, linkedin and stream of websites here. If Jason, or his 40 other interns can prove this isn't as sketchy as it's perceived - they are welcome to refute it here.
I'm all for taking down most references to him but leaving one or two up. I don't want to pillory him personally on Google- he's got a lot of money that he'll need to earn to pay these people back. However, if the guy shuts down and sticks his money in a Swiss bank account as has happened in the past, we need to make sure there's a bit of a paper trail to go on. That's all.
*btw LLLP is a real business entity
Thx...I don't think we have that in FL, so that's why it looked a little odd to me.
.
People who google NJPLI.org now get to see that- as I'm glad you agree with me- they're spending $500 on something that gets them nothing while being led to believe something else. Some people might call that "fraud", but I will settle for calling it an improper business practice.
An industry that embraces caveat emptor eventually leads to ponzi schemes and scams, eventually leads to ordinary people not knowing not trusting the industry, eventually leads to honest people- both customers and people in the industry- suffering. So I disagree with caveat emptor to the extent you're applying it here where somebody is allowed to essentially pretend he's selling a legit product when it's not legit when the customer does not get any sort of disclosure on it from him.
And yes we need to have mercy, but we need to have mercy for potential victims and prior victims first and THEN have mercy for the guy engaging in improper business practices. Selling something for $500 that you claim to be one thing then turns out to be essentially nothing IMHO is an improper business practice. This business needs to get shut down or otherwise remedied, the victims need to get refunded, and then we need to help fix this guy's reputation. It needs to happen in that order. And right now, we need to prioritize protecting the victims over protecting this dude's reputation.
I'll tell a tale tale tale tale of maccabeats in isreal ale ale ale When the greeks tried to asail sail sail sail it was all to no avail vail vail yea yea the war went on and on and on until the mighty greeks were gone, yea
i thought we were done with that song...sigh
This made my Risk Management class more entertaining.
Did anyone look onto the dates of his Military Service, only served for two years? None of the branches of the Armed Services trains anyone to be an intelligence analyst or officer without at least a plus 4 year committment.
If he was ROTC out of Montclair -- then he would have served at least 6 years active. If he was enlisted, the minimum time, for an intelligence analyst rating would have been 3-4 years, more if he was a crypto (linguist) as language schools alone run for minimum 6 - 18 months depending on language rating.
let's make it 100
I'm with Marcus on this one, this is all getting a bit out of hand. Sure, it was kinda funny at first, but posting all of this guy's personal info is taking it too far in my opinion. The Mods should lock this thread and delete all posts containing any of his personal info.
I'm 100% behind IP on this one. If doing this prevents even ONE young person who is trying to break in this business from giving this guy any cash, then we've done our job.
And I don't agree with the argument that "if people are stupid enough to listen to this crap, then they deserve to get scammed." People come to WSO for helpful information, not to find fraudulent job leads to sift through.
Moreover, this is a great lesson on the importance of supporting WSO as a whole. I'd bet that a sizable chunk of WSO's cash comes from advertisements. If he really wants to push this "company," then let him buy some banner ad space and support the entity as a whole. He shouldn't be able to clutter the forums and use this site as his own personal free advertisement playground.
I agree with you, and hopefully this thread becomes useful for any poor student who is considering giving money to this guy... but what purpose does posting all of his personal shit serve, despite just being malicious?
I think that there is a bit of a difference in values here. Ordinary people from outside finance- and folks who grew up in that world like me- are often gullible and unsophisticated relative to many highbrow northeasterners. We think people are generally good and honest and usually trust strangers to do the right thing. When that trust does get violated, we want to be nice to everyone, but tend to have more mercy for the victim than the scammer. That means giving them a way to get their money back rather than having him spend a few years in the Cayman Islands and eventually come back to start his own hedge fund that offers a "guaranteed" 10-12% until the next crash.
I just don't get it. Bernie Madoff ran off with some rich peoples' money and he is now in jail. Some 29 year old does the same thing to a bunch of poor college students, and while I don't think anybody wants criminal action against him, we should go further by showing him some mercy and take his name down so his victims (suckers) can't get their money back. Mercy without first remedying the basic problem isn't mercy at all- it's really kleptocracy instead.
See. Another kid from a midwestern state school (my own) basically agreeing with us.Most people in the world believe that most people are generally honest and try to do the right thing. When that trust gets violated, we start having more mercy for the people they hurt instead until they've fixed the problem.
Scrier is using unethical business practices, and in the long run, people that support or look the other way on these business practices tend to wind up getting hurt themselves. The goal isn't to punish anyone- it's to FIX THE PROBLEM. Scrier needs to change its business model and the owner needs to start cutting refund checks to not-so-registered reps.
HOLY SHIT GUYS! I don't know if people are still checking up on this thread but, I'm about to prove those of you who are against this guy right. I.....almost worked here. Accepted on the spot. But I don't even know what they do. WHoever posted it before is right, Hedge Fund Intern sounds good. But I could not be more grateful to you guys. Forgive my fucking stupidity for even considering this. WSO is great. But seriously its you guys who trolled the shit outta this guy that deserve awards. I can't work here. It'll ruin me. Thanks guys.
Jason's intentions were malicious. What goes around comes around. Maybe if scumbags got beat down more often in this world we would have less of them.
Anyone deadset on destroying this guy could just get a few SB's and reward them to whoever says Jason Nichols in the post
Jason Nichols..
I'm not rewarding them, just a suggestion.... Jason Nicols
Fuck, i am retarded, i keep spelling it wrong. Jason Nichols...Jason Nichols... Jason Nichols... hope he isn't like candyman
Yeah, one more time for the fuck of it though... Jason Nichols
Evil thrives when good men remain silent & trust is the basic foundation of society. When someone violates this trust I won't stay silent.
Jason Nichols
And it's easier not to alienate people from your cause if your goal is just to fix the problem rather than necessarily crush someone. (CC: Dems running for congress in 2006 vs running against Bush in 2004 and pushing for criminal investigations on Iraq).
You're right of course, but this shit makes my blood boil and sometimes I need to vent.
Wow, seriously? You're a college kid flaming on some douche spamming a message board... so take it easy, Paul Revere.
But someone is rewarding us...Jason Nichols
I have to agree with Ilini. I'm sure the moderators would be happy to remove any and all information as soon as Jason stops his business practices, and wishes to pursue something more legitimate. In the mean time, this thread's presence in Google is nothing more than consumer protection.
SB for well-reasoned middle-ground post.
^^^ It makes my blood boil too- and you should have seen some of my original posts last night before I toned them down a little. To me, what I figured I was seeing epitomized New York shysterism and the pursuit of success and achievement without any regard for integrity or the people you have to run over to get there. But then I slept on it, realized there was another fallen human being on the other side of the keyboard, and backed off a little.
The situation still needs to get fixed, though.
Wow, they win, though. I opened the website.
Jason Nichols is a SCAM
we're not the authority. someone inform the cops and let them deal with it.
Gotta give +1 to IP here.
No love for hos.
The Jason Nichols clown is getting his richly deserved karmic bukkake in the eyeball.
Why be merciful for a guy who knows full well what he is doing? Are you going to be merciful to someone who runs a ponzi scheme? Are you going to be merciful for some guy who rapes or beats a girl? Im not saying his educational class is fraud, because in reality its not. What is fraud is promising kids a job on "Wall Street" when infact where 99.9% of the kids who contact this guy are going to end up is being an advisor who doesnt actually work on wall street if they even get that. The fact that he is marketing his class under the moniker of a "hedge fund" is just ludicris. I also totally agree with whoever said that his military background is highly suspect because the military does not train analysts and let them only serve 2 year stints. Unless he had some medical reason to get out of the remainder of his service contract or got dishonorably discharged. This mercy crap is a product of the pussy society we have evolved into.
Taking it in the ass is a medical condition that leads to multiple kinds of discharges in the military.
Honestly, this has taken a bit of an awkward turn from what I've been observing. It was initially pretty funny to flame him and post some of the information, but it started getting a bit excessive. You shouldn't fight maliciousness with more maliciousness.
While it may smell of scam, we don't even know if he's the actual person who started the post. Hell, we don't even know whether Jason Nichols is an actual name or some pseudonym (I saw the FB, Lin, and registration) and that this is all for naught.
Don't incriminate yourselves in the pursuit of exposing a fraudster. From what I can see, there isn't enough evidence to prove that he is an actual scammer or has scammed anyone. Tread carefully all, but don't shoot yourselves in the foot.
People turn into exactly what it is they criticize when the group rallies them on...
Hi everybody,
I wanted to take the opportunity to apologize for one of my interns spamming your site. I told him to "try and generate some buzz for NJPLI on some forums or message boards", and in hindsight should have been more specific. The post was tacky and unprofessional.
That being said, there are two things I wanted to clarify, the company's name is Scrier Funds, LLLP (LLP is a typo in the WHOIS registry), and no it is not a FINRA member firm, nor is it intended to be. It is a holding company. Scrier Funds RIA, LLC is a state registered Investment Advisory firm (obviously less than $25 million under management), and Scrier Funds BD, LLC is in the entitlement phase of FINRA registration, pending state approvals. For those of you unfamiliar with the FINRA registration process, the entitlement account is all that is needed to sponsor people for their exams, the final approval would be needed to transact business in registered securities.
As far as the number of interns, and the location, well that is kind of the point of the company. The way the process works here is pretty straight forward, we recruit interns from the local universities (We're right next to Kean), give them resources (an office, a phone, a computer, etc...), and let them start up and run their own projects. That's why there's such a diversity of projects under our umbrella. From Import/Export to Recruiting to Training.
At the end of the day, most of their projects fail. But they get the experience of having created a company, run it, and learning real life reasons why companies succeed or fail. We also prop them up by making sure that each company we create uses the services of the other companies, hence the websites. It's all Interns.
The idea is that working in investment banking, literally thousands of people ask me for money to back projects every year, most of them are bs, and none of them were worth putting money behind, but I felt that statistically, some of the ideas had to be worth backing, but on the surface it was almost impossible to separate the wheat from the chaff.
So now I bring them in, give them some basic resources, push them to develop their ideas, and then if the idea works, I start to back them financially. Kind of like a Y Combinator, but without the tech focus, or the gigantic Angel Fund. Big missing pieces, but for a firm that's only been around for 3 months, we're off to a start. Good or bad only time will tell, but at least we create opportunity and people learn something.
As for NJPLI, I backed the project because I believe it has a long term chance of being a tremendous force in benefiting our economy. For one, every major for-profit education company has a licensing division (from Kaplan to STC, as well Continuing Ed at most colleges and universities). Secondly, once we complete negotiations with a partner college, we will be able to offer the program at no cost (including books, FINRA fees, and training) through work force redevelopment grants. The reason why we focused on the 7 is that our recruiting arm has a number of clients mostly boutique (to put it politely), that are actively hiring. Ideally if you're unemployed, a free class, and a job would solve most of your problems (clearly not all, a lot of these guys are unemployed for a reason). The reason we are charging for the class, is that everyone else is, and until we have graduates from the program, we can't apply for recognition with the NJ DOE to be eligible tor receive those grants.
In good news though, our first class went well. Yes, I instruct it (I don't charge NJPLI anything, all of their revenue is going toward the $10k surety bond they need to post with the Commissioner of the DOE). After two weekends, out of five students, four were able to pass the practice exam. We do offer a 100% guarantee to all students, and encourage them to come back and retake any portion of the class that they're weak on at no additional charge. One of our students, even after passing the practice exams has already asked to take us up on that offer to review options and settlement dates, so I'll be seeing him tomorrow.
Hopefully, in the next few weeks we'll either get them partnered with a college's Continuing Ed program, or get them approved on their own by the DOE, and then the tuition will go to zero. Either way it will be a success, and the interns who came up with the idea will do well. If it all goes south, they can always do what I tell them in case of emergency, which is point at me and run like hell. That's why my name goes on every doc, my licenses (7,63,24 CRD#5640233) are at stake on every project, and my money and my time is what supports them. Because at the end of the day, that's my job. I take the flack, I take the risk, and I make them successful. That's why my personal e-mail address is [email protected]. My professional one has no title, it's just [email protected], but my personal one is to remind me everyday that that is what I set out to do, and that is the standard that I have to hold myself to.
In closing, thank you for the traffic, their site went from 6 page views per day to over 300. Thank you for your concern, I welcome the criticism, and the examination. If there is something I can do better, I'm always open to new ideas. Lastly, I apologize for not responding sooner to a legitimate concern, the site and theI was unaware of the thread until someone posted it on twitter.
If there are any other questions, comments or concerns regarding any of the companies that I'm related to, I'm in my office in that "palatial estate" at 1961 Morris Ave Suite C-5 Union, NJ 07083 from 10:00 AM to 9:00 PM five days a week, and from 10:00 AM to 6:00 PM Saturday and Sunday. I'd post my phone number, but it seems someone already did. :) [Don't search too hard, it's 646-504-7301 (7279 is the main number)]. Or you can just post them here, I'll make it a point to check back in and keep an open dialog.
Sincerely, -Jason Nichols Managing Partner, Scrier Funds, LLLP
"a lot of these guys are unemployed for a reason" That's great marketing for your classes
In before the shit storm.
So you're saying you're essentially a private for-profit "PE" internship firm that offers anyone internships and allows anyone to keep them, kinda like how University of Phoenix is a private for-profit university- the only difference being that anyone can graduate? Don't you think that is a bit of an improper business practice?
An "internship" that you have to pay for and anyone can get/keep which is supposed to involve money management but actually does not is not really an internship. So somewhere along the way, either the firms these kids are trying to get jobs at or your clients are getting misled. Given that about 3/4 of Wall Street firms have someone on these forums and that this thread is going to show up on Google where the owner admits his own firm is an internship factory, I don't think the Wall Street firms are going to get misled on this, so it will be your clients left holding the bag.
I think the ethical thing to do here is stop advertising guaranteed "wall street" "internships", consider issuing your clients refunds, and tell them to stop putting "Scrier Funds" on their resume. It's ok, a lot of people have been in situations where they've been unable to deliver the stuff they promised; you can keep your reputation in the long run if you fix the still relatively small problem you've created and modify your business model. But if you don't fix it, it very well might keep growing and growing until it ends with a bunch of angry kids and parents with pitchforks and torches at the NJ Attorney General's office. I've been a business owner before, I've witnessed this happen to folks who overhyped and underdelivered- I even ran into a couple of situations where I messed up and overpromised on a product and had to say I was sorry and issue partial refunds; just do yourself a favor and stop promising kids anything more than a way to house their Series 7/63- and offer the existing kids who thought they were getting wall street internships partial refunds.
Just fix the situation, everyone will still probably assume it was just an honest mistake by a squirrely 29-year-old without a lot of professional experience who's now learned his lesson, and life will move on after a few months. The longer you wait, the more damage gets done, the more work it is to clean up and the more trouble you wind up in. If you don't fix it, there is a very serious chance it will get fixed with a lawsuit or FINRA reprimand that you will have to disclose on every job application in finance for the rest of your career.
I would rather work at JTMarlin.
@IlliniProgrammer
To clarify. Interns never pay anything here. Students, as a separate group pay money to a company, NJPLI, LLC which was created and run by interns of Scrier. The tuition, which is charged to the students goes into the operating account of the company, NJPLI, which in turn is being used to buy the books, materials, desks, chairs, etc. Right now NJPLI does not pay rent, utilities or overhead (Scrier covers all of that), but a portion of their revenue is being put aside to apply for the surety bond, and the remainder goes to operating expenses.
That's the total sum of the tuition, $245 to STC USA for their book. $144 toward the surety bond, and miscellaneous expenses (we provide the students with a free breakfast (just bagels and coffee/juice nothing fancy), notepads, and various stationery).
They're two distinct groups. Interns are from the local area, generally college students, and they run their own companies under the Scrier umbrella. We provide seed stage funding to the project, covering incorporation costs, furniture, computers, fixtures, etc., and then see how each project pans out.
Students at NJPLI are outside customers recruited by the interns who run NJPLI (It's only a month old project), generally from banking or other companies in the field who haven't sponsored their employees (First class was a bank teller, an insurance secretary, two unemployed kids, and one of our interns, who we didn't charge). We have a policy to make sure that employees of other firms clear OBA with their current employer since registration has to be done for employees.
You can ask any of the interns, they're all on LinkedIn, each one would tell you the same thing. We don't ever take anything from them, we try and give them what we can to make their projects successful, and we do our best to push them to get better.
As far as the interview, we guarantee an interview to all graduates of the NJPLI program because one of our other projects (Arterion Resources; No website yet, as clearly our web developer wasn't worth keeping; Founded and run by two of our interns who we kept on as full time staff) has recruiting contracts with brokerage firms. Consequently we can put graduates of the NJPLI program into an interview slot. We put other candidates in the interviews primarily, but it's one more thing we can do for a student who comes through the NJPLI program. That's the point of the interlocking companies, each one works to better itself, and the group as a whole.
I apologize for the different user name, but my previous account was blocked immediately after posting, and this one will most likely be too, so again, I'd be happy to address anything, but I will probably not be able to respond here.
Oh, and for the record, squirrelly 26-year-old, not 29. :) -Jason Nichols
Wait... did he just post under different user names?
He had to. The original one was banned
Yup, seems like Marcus, I, and a couple of other people here were right...the rest of you need to take it easy. If everything Jason said is true, I think its a pretty cool idea. I'm no legal expert, but it doesn't seem like he is breaking the law.
Jason,
I don't know how your account got blocked after your first post, but it won't happen again. You have the floor, and the opportunity to address any accusations against you. I, for one, appreciate your stepping up to engage the issue.
FYI: Your original username has now been unblocked, so you may post under either.
Peculiar amount of silence from the mob... Objectivity is the name of the game, young padawans.
Jason still hasn't addressed the crux of the argument "guaranteed wall street internships". Where do these come from? So if someone has a background working at UPS or the Olive Garden, where does he line up the connections to get all 50 or so students these unpaid internships? Or do they work as interns at Scrier Funds?
I think the interns are working at Scrier Funds. Their job is basically to develop their own business which Scrier then supports and potentially backs if it's successful and profitable. At least that's what I got from his post, however I'm not sure how valuable it is since they are only really getting office space and their business registered. Not that expensive. The only benefit I could see is the notion that they leverage each other, meaning all the separate intern businesses generating business for each other. The example that one business is a recruiter w/brokerage contracts, where another "helps" kids get licensed, means that they can work together to get someone licensed and then interviewed. So they bring in revenue for taking the class and then the recruiter gets comped if the candidate gets the job.
Ok, so I've been following this thread, reading every ones input, and checking out all the sites and linkedin intern profiles etc. To me, there are two scenarios for the clients of NJPLI.
These kids know the guaranteed internship at scrier is not legitimate, but they are desperate enough to put "hedge fund intern" on their resume that they don't really care. In this case, legal issues aside, Jason is creating a business model around others' desperation. The situation may be win-win for both parties....but the practice seems extremely deceptive and is one step above creating a completely fictional role on your resume. Granted, people lie on there resume and do fine in life, but to create a business model around this is questionable.
These kids have no idea what they are getting into and believe they will get legitimate experience. This has been discussed in great length, so I don't think I need to get into it here.
Also commented on.... the "international investor/green card" business. I saw it on the Scrier site, but can't seem to find the website now. I don't even know what to say about that idea.
@EddieBraverman: Thank you, sir.
The point of NJPLI is to bring people into the industry who would not or did not previously have the opportunity.
It feeds it's graduates into the recruiting program in place with Arterion Resources. As a point of fact, the only thing that any of the NJPLI team is authorized to guarantee is an interview, I don’t know who will get hired or not by Arterion’s clients, but I’ll get their foot in the door. That’s where my promise, and my responsibility ends.
To address IlliniProgrammer again: The internship at Scrier is unrelated to the course at NJPLI.
Historically regarding NJPLI: NJPLI was set up last month by two of my interns who had attended part of the Saturday finance lecture series that I had been running in house for my interns (for free) from Scrier’s inception, since I felt that if you want to start a business, you'd better understand finance, both theoretically and practically. After being a part of the class they said that we should sell it.
I said, "Go ahead. Get me students, I'm here anyway. I'll teach it for you for free."
So we (Scrier) provided the funding for incorporation, banking, the real estate, etc to get the company established legally, as well as the curriculum, the trainer, and the mentorship.
Originally the concept was simply to compete with Kaplan and the other for profit training companies, but I felt that we had some synergies here that would work out to the benefit of both the prospective students, and the interns creating the company. From there our niche was born.
Firstly, after leaving PHDC (my previous employer), I had always intended to open up a BD. I knew the hurdles, and the amount of capital and time required, so I had kind of back burnered the project while we were trying to get the parent company situated. Once NJPLI began to take shape, I filed form BD and created the entitlement account with FINRA. Through Scrier Funds BD, LLC we have the ability to sponsor students to sit for the exam. That was the first thing that differentiated us from the competition.
In addition to that we have ongoing relationships with local universities and colleges because of our recruiting interns and encouraging entrepreneurship and our EB-5 program investment we’re working to push into education.
Tapping into those relationships we learned about work force redevelopment grants, and the ability to offer the class for free to unemployed people. There's a lot of red tape ahead of us to get to that point, including needing graduates of our program, and outside verification that they're learning something. The Series 7/63 being proctored by Prometrics and administered by FINRA fit the bill nicely.
Lastly, through our relationship with Arterion Resources, we have the ability to place people at interviews with various financial institutions, whose names I will respectfully decline to distribute, as it part of the terms of our recruiting contracts for reasons relating to advertising and the SEC. We don’t mention their names or companies except to individual candidates during a preliminary phone interview. Yes it kind of hamstrings Arterion, but that’s what the clients want. We’ll fight them, and we’ll win eventually because the brands that they build should bring better applicants, but for now we respect our contractual relationship.
But that's our niche: You go to the NJPLI class, we train you to pass the exam, we get you your licenses, and then you get an interview with an Arterion client.
Structurally for Scrier: My interns came up with an idea, I helped them develop it, and that's pretty much how the Scrier program works: You bring your idea, and we work with you to make it real. That's the PE side of it, hence I do not believe that a Private Equity Internship is a misleading statement. I make each one of the interns learn the ropes, from accounting, to sales, to underwriting, to recruiting before I let any of them start a project. Some guys get to lead a group in three or four weeks (some members of my staff came in as MBAs or MBA students, and demonstrated proficiency quickly), other guys may never (a lot of them suck), but I give them all a chance.
Not all of our investments go into VC, some are spread through commercial paper offerings of non-public companies, and some go into a BDC role doing bridge loans and mezzanine debt for companies looking to go public, again why I use the term PE as opposed to VC, BDC, or a more specific descriptor.
Again, most of these projects fail. The web developer, who I had to fire after he stole $2K from the company by outsourcing work to his brother and then giving me a site even worse than the one we currently have. That was a failure. Others have been more successful.
Arterion, as an example is a recruiting company, set up by two of my interns, that has developed some successful relationships, and has recruiting contracts with a small number of financial institutions, mostly contacts of mine in the industry, and again, mostly boutiques one of whom happens to be physically located on Wall St, hence the descriptor "Wall St. firm". I personally am not overly fond of most firms still clinging to the geographical significance of the area to add an air of legitimacy to their business, but it is not my place to judge.
SFG Advertising, a company that offers advertising on proprietary media (a fancy way of saying we're the only ones with ads on Chinese food take out containers), has been hit or miss, but the point is each company utilizes the services of the other to build the group.
So SFG does some advertising for NJPLI and Arterion, who then respectively train or recruit both primarily in the finance industry in the NY metropolitan area, although with the future goals of branching out to all industries in all regions.
We're trying to get a few other divisions up and running. We brought a FOREX trading company under our wing, that I've had mixed emotions about, but they seem to be integrating well enough. We even had a kid who wanted to start an online book store for selling textbooks between college students. He was quite literally crushed when I told him about Half.com
Both the in house RIA, and BD are really notional at best right now (legally incorporated, entitlement accounts created with FINRA, but stalled there), as we simply don't have the man power or capital necessary to push them to the next level.
That's the idea, most companies will fail. Hopefully, with the support from Scrier, we can tip the scales slightly, but I'm under no delusions that every project will be a success, just like everything else in this business, it's a numbers game. Some are home runs, most are strike outs, but we're really hoping for a lot of base hits.
But that's also why we recruit so many interns. Out of the over 600 that have applied, about 500 of whom were hired, fewer than 200 have lasted more than two weeks (I stand ready to defend my staff at all times, but in return I have fairly high expectations). Of those, 8 have made the cut to become full time. Two were fired, one for stealing from the company, and one for lying to a client to whom I delivered a personal apology, and one declined the offer because of a commitment to his family’s business.
It's a rough business, of that I am well aware, and, that's why I try and shield the interns from the danger off this business by assuming full professional and legal responsibility for their actions. That's why I don't throw their names out. That's why I'd never throw them under the bus like that. That's why I said my personal e-mail address starts with CEO, it's to remind me of the obligation I have to my employees and interns. It's not to pad my ego.
They're good kids, the lot of 'em. The school (NJPLI) is a good idea (in my opinion), and I do my best to make sure that everyone's interests are defended. If a student of NJPLI were dissatisfied with the level of service, I would personally refund their money in a heartbeat, but that has not happened yet, and I hope it will not, although of course statistically, I know it will eventually. But that's why I teach the class, I could hire some hack to do it, and spend a little time with my family, but I know this industry, I know its regs, and I know that damned exam like you would not believe.
Regardin the Internship: Take it for what it's worth, it's no dream job, but with a lot of effort, a lot of capital (we burn through it at an alarming rate), a lot of man hours (we burn through interns at an equally upsetting pace) and a commitment, I do believe that something will come of this company. That's why I'm here seven days a week. No, we're not in a luxury high rise, we're not wearing fancy suits, we’re not having lunch at Cipriani's, but these kids are the next generation of brokers, entrepreneurs, analysts and accountants, or in most cases Starbucks Baristas, but just maybe that barista will come up with the next Facebook, so I'll give him a shot.
I unfortunately don't have the ability to personally oversee everything that's done here, and again for that I make no excuses. It was one of my staff, it is my fault. That much is simple. Will he be fired? No. Will he be disciplined? No. I'll take him aside, explain the mistake, and give him a chance to get better. If he screws the pooch again, I'll can him. Protection only extends so far, and you guys have a right to your board and its policies. That I respect.
I assume responsibility for the ham-handed attempt at marketing. It was crass, and for that I apologize. But I will stand up for my guys (and girls) though, and say that the interns here do not break the law, they do not steal from people, and their intentions are not exploitative. Personal attacks against me are welcome, I have a sense of humor (christ I started out as a phone broker at a "boutique" in Hackensack, I can take it). But the unwarranted accusations against the guys who came up with this project, who spend so much of their free time executing it while working other jobs, or going to school, or in some cases both, and who believe in it, those I will defend against.
While I apologize for the post that started this thread, it was not quality marketing, nor was it appropriate or professional, I do stand firm that Scrier is a good company, that makes the best of a bad economy and a constant struggle for resources, and that NJPLI will someday become a company that can hold it's head high against competition both in terms of financials and quality of product.
You guys may never have needed tutoring to pass the Series exams, hell all I got from the firm I interned with was a dog-eared, used photocopy of an outdated STC book, and a deadline of: “Pass this practice exam in three weeks, while you hold down a second full-time job to feed your family,” but there are people out there who need help, they're not all brain-dead retards as someone implied, and for them it is a good product that I personally put my name on and stand behind.
So again, thank you for your time, and my sincere and respectful apologies for the misuse of your forum, but before you light your torches and grab your pitchforks, it was an honest misinterpretation of an apparently complex suggestion by a kid who’s still a sophomore in college. He does not run the program, he does not run Scrier, and he is most fortunately (for him) not Jason Nichols. He’s here eight hours a week, and trying to learn how to build and finance a company in accordance with the labyrinthine regulations, customs, laws, and apparently equally confusing social norms of our society.
@Tabula_Rasa: I have no problem saying it to their faces, I've turned students away who were wasting my time, same as interns. There's a difference between a guy who's naive of the regulatory structure of the industry, and a kid who's mommy made him take the class. I'll take the first guy through thick and thin, but the second can go to Kaplan. I wouldn't send him out on an interview anyway.
@jason
I think where alot of people took offense was the promise of interviews on WALL STREET. We all know how difficult it is to break into this industry, and how much effort it takes. If your interns have connections thats great, however I think I speak for everyone when I say you should change the way you market this class. While we know that if you get a job at a brokerage firm even if they are not on the physical Wall Street that you are part of the Wall Street system. However the people who take the class might not fully understand that, I think it is deceptive to use Wall Street as an image. I have confidence that you can help them pass their Series 7/6X tests, however that does not mean the students are ready for a job on the street. The reality of the situation is that the vast majority of kids who come through your program will end up working for their local Edward Jones office, not knocking that in any way it is a great career path, not on Wall Street. I also have one other concern, you market your fund as a VC firm. What concerns me about this is your interns, if they put VC intern on their resumes that will not accurately reflect what they did and what they learned while working on their own projects. I have no problem with your interns saying they were working on their own projects, however to say they did VC work is deceptive to any possible future employers.
Jason,
Again, I appreciate the time you've taken to address the issues. Where I think you're playing with fire is in providing a service that allows people not working in the industry to "park" their license. The SEC takes parking very seriously, and since you're (not you specifically, but the people who pass their 7 under your sponsorship) not actively soliciting clients (because you're not a BD, and the process is stalled to use your terminology) you could find yourself in serious trouble. It's all well and fine for the folks who eventually get hired by other firms, but the ones who don't are parking their ticket and that's a no-no.
Eddie brought up a very important point that I forgot about. Not only is parking a big problem with the SEC you can be potentially liable for anything fradulent that happens. Not saying that the people you have will commit fraud but they could break laws unintentionally so that is another thing you should be concerned about. Especially when you are dealing with comerical paper and pink sheets. The documentation for these are much different than for normal debt rasing. I also dont agree that start ups need to be dealing with these kinds of debt right out of the gate. Angle donations would be a much better place to start.
Agreed, that's why we won't let them park after the exam. We do the U4 in advance of the exam, but have a pre-filled out U5 waiting for them after the exam. They're only registered with us to take the exam, and then they're on to the next shop. That's not to say that given the right students and the right circumstances we wouldn't consider taking on brokers, but it's not something I'd promise anyone.
I mean the guys from the first class were all pretty good, but I have no guaranty that they'll all be like that. Since at the end of the day, both publicity-wise and legally, it is my ass on the line (Only FINRA person, and only Principal associated with the BD), I wouldn't want anybody on the BD's books that wasn't actively seeking new business, and even then I wouldn't want anybody seeking new business that wasn't being properly supervised. The whole idea is to terminate them immediately on completion of the exam, if that is legal, if not we'll have to make arrangements, like giving them the opportunity to pitch for BD.
If I have to have them pitching new clients, I'll need to put more infrastructure in place behind NJPLI as well as BD (Have to pay for a mistake on the state registrations, we selected too many and paid for too few...).
But I have always had the liability concerns regarding having them on the books under BD... That terrifies me. I already had to let one kid go for lying to a client about something as stupid as my age (he thought 26 wasn't old enough to be respectable), the thought of having someone chucklehead who gave me $400 tank a company I've dumped a lot of time and money into because of a bs promise to a client... I joke with my interns the reason I don't go home at night is because when I do I spend every night watching the front door waiting for the FBI to come arrest me for something they did that day.
Maybe give the new graduates the opportunity to pitch at night for BD (again, half the class is currently employed, and in finance at that, which was the first big problem we had with sponsorship), and then I could fire anyone who doesn't show up or produce, giving me cause for termination. Not like I'm not here already anyways, and I could probably hand over the reins on some other task and sit here and babysit them.
I'm not above keeping a rock star if we got one. I'm not counting on it to keep the company afloat either, the whole idea behind Scrier is that we can exploit these synergies, and if a superstar presented themselves, BD could always cherry pick them out before the recruiting service got a hold of that crop.
We supposedly start the second class tomorrow, with a confirmed registration of 1, although two kids are coming back from the first round, so it'll be another rockin full house. I'm gonna go home for the night now, and I'll be teaching all weekend, but I will try to check back in on this on Monday.
Oh, also for clarification, it's not just suite C-5, that's my office. The company takes up half the third floor of our building. Still, no great shakes I know, but for accuracy's sake, NJPLI teaches in C-8, not C-5. I know somebody mentioned that earlier, and I forgot it in all the replies I've been trying to get out.
Ok, I actually went to their site for an interview a while back. I go to a non-target, and had a PWM internship at a BB previously. Since I was desperate, I decided to go for an interview after I saw PE/hedge fund internship ad on Craiglist. I went to the site, it was small room with broken doors. About 10 kids were doing "projects" on their laptops. I asked the interviewer(Jason) a few questions regarding hedge funds and PE(i.e. what kind of leverage buy-out do you do? What types of investments do you have? Do you focus on small-cap high growth equity...). He couldn't answer any of my questions. I don't even think he knows what PE/hedge funds do. Obviously, I knew this company is a fraud at point. However, I decided to ask them about their current projects/engagements(just for fun, since I drove for a hour to go to this pointless interview). They told me that they are working on getting Chinese/Indian people temporary green cards to work(there is no such thing as temp. green cards), and eventually turn them into permanent green cards. I asked them about their financial statements etc. He showed me an Excel sheet that doesn't even make sense. I said thank you and walked out. I am still mad that I spend $30 gas money and wasted 3 hours of my life.
By the way, everyone who worked there were wearing T-shirt, jeans/baggy pants. Most of the guys who worked there didn't even shave. They make Shoprite managers look like Gordan Gekko. I am not exaggerating at all.
LMAO
LMAO
I would walked right out if I didn't have to drive a hour to get there. At least I have a good story to tell my friends. lol
Check it out guys I just started my own PE/Hedge fund as well. We specailize in buying scrap metal and selling it to others at laughably inflated prices.
Hahaha, that is hilarious ieatbananaforlunch. He used the term "PE/hedge fund internship"? He can explain away what he means by PE all he wants, but the fact is he is using sexy buzzwords to lure kids into this organization that is very much not PE.
@ieatbananaforlunch, the terms used would have been conditional, not temporary, as all EB-5 investors are granted a conditional green card and then have to file an I-829 (Petition to Remove Conditions), once the regional center has met the requirements as set forth by USCIS. The economic modelling we use for our projects is RIMS II and cross checked against the Ryan-New Jersey model (again projects are specific to education, as is the second model).
Sources: Immigration Law: http://1.usa.gov/4h1syb RIMS II: http://www..bea.gov Ryan-New Jersey : http://issuu.com/msu_comm/docs/montclairstateeconomicimpactreport09 (A link to the MSU report which uses it, I have a pdf I could share, but not a good link to a description of the model itself.)
But yes, I do wear jeans, we do use laptops (we are a paperless office [ideally], and laptops draw half the power load of desktops and are portable... I have a weakness for the environment), and I'm sorry you were too concerned with our appearance to look at any of the docs or listen to what we had to say.
I don't know what excel document you viewed, since we don't have Excel on any computers in the office, I'm a big fan of Google Apps and Postini, to archive all documents and all versions, and allow people to work remotely, also hence the laptops. MS Office is actually one of my personal pet peeves since I have no server-side copy of anything someone produces, vs. the auto-archive system on Docs that we have setup for a full back up every day, and all changed docs once an hour.
If you have any questions about our operations, again, I'd be happy to address them.
Who's better at LBO, you or Henry Kravis? How can I be as sexy as you? Where do you buy your jeans? Are Montclair and Kean target schools? Can I get $30 for my travel reimbursement? Are you really Jason Nichols?
Enlighten me please!!!!!!!
Mr. Nichols, walk me through your last PE deal.
Jason, you're a pretty good bullshit artist. Maybe one day you can be like one of my uncles.
How much does it cost to take the Series 7?
about tree fiddy.
Oh dear, the more questions I have answered, the more questions those answers raise.
You're a prick
You're a prick
Hmmm my intense search for the right grad school has led me here and after reading the first two replies to Jason's post I knew right away I would have to read the rest. Never have I seen a community of users attack a troll like this. Had to create an account to thank you all.
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Perferendis mollitia aut a ut facilis. Est harum esse suscipit cum ut voluptatem quia. Alias ullam veniam animi maxime nobis nobis sit iste. Fugiat sunt facilis reiciendis sapiente autem cum est rerum. Sit dolores qui inventore totam incidunt libero quibusdam.
Magnam dolorum aut dolores et illum earum. Quae non dolor atque ad inventore. Aut est sapiente rerum minus qui voluptatem vel.
Quisquam quidem enim neque ut adipisci consequatur voluptates. Voluptatibus quos est nihil et. Eos velit magnam sunt similique possimus id est. Placeat expedita perferendis aut tenetur. Consectetur excepturi nihil eos repellat. Possimus mollitia eum nesciunt error.
Illum cum est alias deserunt fugit. Velit odit et consequatur incidunt voluptas itaque. Dolore aliquam voluptas laboriosam et quas aliquid. Assumenda et cum quam perspiciatis et iste autem. Sit et aliquam in.
Ratione facilis sunt occaecati dolor asperiores laborum. Illum omnis a autem doloribus cupiditate quaerat quia. Et suscipit blanditiis et quibusdam vel autem expedita. Quae non enim vel cum voluptatem omnis.
Sequi deserunt enim ut qui rerum aut. Laborum similique reprehenderit voluptatem et est nulla laborum. Rerum hic rem magni aut.
Qui eos repudiandae voluptatem dolorem rem facilis aperiam. Aliquam ipsum consequatur recusandae. Nostrum voluptatem accusantium et aliquid repudiandae. Et nostrum quibusdam rerum laudantium. Quod qui inventore nobis. Ex fugit accusamus reiciendis non. Earum facilis voluptatem qui cum nesciunt natus cupiditate.
Ea eligendi ex commodi. Et natus velit et assumenda maxime enim commodi. Sapiente ab et voluptates eius autem. Sunt nulla non illum nobis dolores sed. Ducimus neque error similique et in.
Assumenda ipsam nihil architecto natus sapiente. Rerum quae sed et minus pariatur. Eum impedit recusandae quia tempora quas quasi. Officiis aut quaerat dignissimos deleniti praesentium porro iure.
Corrupti excepturi recusandae consequuntur assumenda fuga labore atque. Magni odio repudiandae suscipit doloremque laborum et. Quos necessitatibus consequatur aut. Officia atque modi ut aut similique. Enim aut aut vel nam commodi. Odio et aut distinctio dolorem ullam iusto.
Voluptates architecto illum facere distinctio ipsam. Maxime sapiente et sapiente illum beatae. Eos facilis beatae sunt cum itaque.
Inventore cumque qui aspernatur molestiae modi veniam sed. Magnam maxime maxime occaecati quod. Aut sed excepturi praesentium ut veniam soluta magnam harum. Aut ea reiciendis error. Aliquam et rerum aut eaque.
Sed blanditiis dolores veritatis qui est minus commodi tempora. Enim et impedit id ut quaerat expedita. Ducimus vel aut aliquam voluptate reiciendis. Quo id atque nostrum voluptatem.
Molestias et vero hic alias repellendus. Sit unde qui impedit dolore similique. Quas quo et corrupti debitis ab itaque repellendus. Tempora sequi autem error molestiae quidem dolores recusandae voluptate. Et asperiores qui quia et voluptatem. Ut esse placeat at officia veniam tenetur occaecati quia.
Eius iure distinctio et distinctio qui. Aut molestias quasi rem cupiditate ipsa et. Incidunt beatae optio quia distinctio. Praesentium sit perspiciatis et laboriosam molestias quisquam non. Deserunt nobis beatae numquam nesciunt quam incidunt qui.
Voluptatem qui ea ab accusantium repellendus ipsum voluptas. Cumque dignissimos deserunt sint culpa consequatur quia ipsa. Quibusdam dicta tempora eligendi rerum unde deleniti. Possimus tempore consequatur debitis illum sint.
Hic animi accusamus dolore doloremque optio et qui. Beatae autem iusto corporis voluptatem debitis expedita. Voluptatem et est voluptas dolores asperiores. Corporis debitis a quasi provident.
Quisquam voluptas saepe excepturi voluptatibus molestiae consectetur explicabo. Ducimus molestias qui molestiae quo rerum maxime. Repellendus quis et rerum quos eveniet voluptate. Aperiam rerum velit illum quo. Et dicta veritatis esse aspernatur laboriosam dolorem id.
Voluptas id tempore quis officiis quos. Cumque repellat corrupti id est deleniti animi. Accusantium nihil quo et. Sit alias perspiciatis voluptatem cum laboriosam qui commodi. Alias eaque quisquam ut occaecati dolores repudiandae consequuntur aut.
Earum ex aut in voluptas quis eaque dolorem. Ullam necessitatibus quaerat error asperiores porro ducimus rem libero. Sed expedita quisquam eos dignissimos.
Cumque nihil culpa quis repudiandae. Et quos amet blanditiis saepe. Exercitationem ut nobis repellendus enim blanditiis.
Voluptatum explicabo molestiae voluptatem ut quis fuga. Et sed animi nihil praesentium asperiores. Illum eos repellat voluptatibus sed sunt molestiae.
At in omnis delectus architecto occaecati rem. Rerum quisquam ducimus omnis deleniti odio distinctio. Error harum nisi sed quasi et est. Accusamus quasi blanditiis at nesciunt. Qui est vitae occaecati architecto.
Aliquam voluptatum quis neque in eveniet. Amet facilis corrupti neque ipsam veniam et. Similique soluta nostrum quis rerum. Tempora maiores et sequi ratione.
Eum molestiae nihil soluta debitis optio aut. Voluptates nobis fuga deleniti aut voluptatum animi.
Dignissimos velit voluptas in nihil reiciendis ut. Enim et in adipisci dolorum non vel. Minima debitis mollitia earum qui quaerat dolor. Quia tenetur aut nobis optio temporibus provident.
Minima accusamus animi qui ipsam sapiente. Expedita labore voluptatem saepe rem. Nesciunt repellendus perspiciatis voluptas explicabo non. Aut est libero debitis delectus.
Et doloribus placeat qui neque rerum. Ut velit non dicta molestiae reprehenderit est sit vel. Quod non vel vitae. Minus voluptas in blanditiis et.
Minima reiciendis dicta et totam. Et quam porro ea consequuntur neque omnis. Sequi enim autem pariatur ipsam quaerat.