1 House panel unanimously passes SECURE 2.0 Willow Crypto manages the SMA and charges a 1% annual management fee. The SMA leverages Blockchange’s BITRIA digital turnkey asset management platform to onboard clients and manage portfolio allocations, with all assets custodied by Gemini Trust Co. 5 Why Tony Robbins, tax shelters and financial advisers don’t mix In February, Blockchange introduced its first SMA in partnership with Arbor Digital, a division of wealth management firm Arbor Capital with more than $250 million assets under management. The new Willow Crypto SMA will allow advisers to outsource the management of their clients’ digital portfolios to Willow. A major differentiator of the SMA model is that the investor gains direct ownership of their digital assets, said Willow Managing Director Paul Farella. “This is in contrast to other vehicles like ETFs, mutual funds, or ETNs that may hold digital assets where your money is pooled with other investors and you do not get access to the potential tax benefits of direct ownership,” he said. Willow also brings a focus on environmental, social, and corporate governance, wealth management and sustainable investing to manage the asset allocations and client onboarding process. Subscribe for original insights, commentary and analysis of the issues facing the financial advice community, from the InvestmentNews team. Newsletters InvestCloud to acquire Advicent and NaviPlan planning software 3 Coinbase, which is set to go public via an initial public offering April 14, has approximately 43 million verified users, according to the fintech’s website. The partnership integrates the two platforms, so historical and ongoing client data is automatically reconciled during import to calculate daily performance history, similar to the way Capitect manages custodian, held-away and manually entered asset information. Coinbase accounts can also be aggregated with other client accounts for performance and asset allocation reporting, and for billing and rebalancing.Capitect CEO and adviser at Mariposa Capital Management Edwin Choi is bullish on building technology for advisers by advisers, including tools that help advisers manage clients’ growing holdings of digital assets.“Advisers have been demanding this functionality in order to provide a holistic approach to their management of portfolios, particularly as digital asset adoption is becoming more widespread among clients,” Choi said in a release. As the industry waits for packaged crypto-investments such as exchange-traded funds and related funds to be approved by regulators so that they can be custodied at traditional firms, now is the time for advisers to show clients they can be leaders in managing crypto investments, Choi said. Capitect has plans to integrate with more crypto exchanges, he said. The Gates divorce: Lessons for financial advisers Adviser tech platform Capitect announced Thursday it has joined forces with online cryptocurrency exchange Coinbase to allow Capitect users to connect directly to clients’ Coinbase accounts to pull data for portfolio management and reporting, such as history, positions, and transactions. Technology providers are partnering up with crypto-focused firms to provide tools for advisers to include digital assets in their portfolio management services and operations. The new tools aim to address the need for advisers to stop avoiding cryptocurrencies and, instead, adopt technologies that help. Another digital asset tech provider, Blockchange, has partnered up with Willow, a registered investment adviser with about $140 million in total assets under management, to offer a separately managed account option for advisers, the companies announced last Tuesday. For reprint and licensing requests for this article, click here,MOST READ House committee poised to advance SECURE 2.0 retirement savings bill 4 2
Jersey City Ward C Councilman Rich Boggiano says he’s tired of the city being “treated like a stepchild by the Port Authority,” since renovations of the city’s Journal Square PATH station are long overdue.Â By John Heinis/Hudson County ViewBoggiano first expressed his displeasure with a Facebook post early this morning:Speaking with Hudson County View, Boggiano said the Port Authority, a bi-state agency, needs to give New Jersey the same funding opportunities that are available to New York, stressing that the current PATH situation is “ridiculous.”“The PATH platform is always mobbed, the PATH train itself is always mobbed, even at 11 p.m. at night. This is ridiculous … it’s sickening,” Boggiano said over the phone. “They [the Port Authority] totally exclude New Jersey and it’s a shame”Boggiano, a frequent critic of Mayor Steven Fulop, also emphasized his belief that the city has to rethink their priorities when it comes to short-term projects in Jersey City.“All the city is interested in is these damn murals and these damn bike paths. We’re 1,800 units in Journal Square through the KRE project. We’re going to have over 2,000 housing units in the area soon,” adding that more residents equates to more commuter – even more reason to improve the PATH situation.The retired Jersey City police detective added that in an ideal world, he’d like to see the Journal Square PATH platforms extended in order to add more PATH cars to the station.“It’s a shame that we’re treated like a stepchild by the Port Authority …I’d like to see all the platforms extended to add two or three more cars. I’d also like to see the white elephant in Journal Square taken down and put up a real terminal.”A Port Authority spokesman could not immediately be reached for comment, while a Jersey City spokesman did not immediately return an email seeking comment, but this story will be updated in the event comment is given. 1 COMMENT By John Heinis – August 25, 2015 11:13 am 1 Crime Share on Facebook Tweet on Twitter RELATED ARTICLESMORE FROM AUTHOR Boggiano: Jersey City is being treated ‘like a stepchild’ by the Port Authority Jersey CityNews News Bayonne man pepper sprayed, arrested after punching cop in the face, authorities say Ex-North Bergen DPW supervisor loses appeal to overturn corruption conviction Previous articlePedestrian thrown 30 feet after being struck by a minivan in Union City, sheriff saysNext articleEx-Assemblyman Ruben Ramos kicking off Hoboken 4th Ward Council run tomorrow John Heinis Police: 45-year-old man arrested for attempting to have sex with 15-year-old girl in Secaucus Just in the Journal Square area will have about 5,000 new residents or more very soon. What the hell are you going to do? Bayonne TAGSJournal SquarePATH stationport authorityrich boggiano SHARE Comments are closed. August 26, 2015 5:51 pm at 5:51 pm Facebook Twitter Luigi212
SIGN UP Subscribe to the Horse Sport newsletter and get an exclusive bonus digital edition! Selena O’Hanlon of Elgin, ON is currently the top-ranked member of the Canadian Eventing Team following the opening day of dressage at the 2010 Alltech FEI World Equestrian Games (WEG) Eventing Championships held in Lexington, KY September29th to October 3rd.At the conclusion of the first day, O’Hanlon was the highest placed Canadian, sitting in 17th position with a score of 50.8 penalty points riding Colombo, a 15-year-old Swedish Warmblood gelding owned by Elaine and Michael Davies. Hawley Bennett-Awad of Langley, BC, is currently ranked 22nd, with a score of 52.5, riding Gin & Juice, 10-year-old bay mare owned by Bennett-Awad and Linda Paine, and Jessica Phoenix, Uxbridge ON, who is currently in 32nd place with a score of 60.2 riding Exponential, her own 12-year-old bay Canadian Thoroughbred gelding. “We are very proud of what our riders accomplished today. It is a significant improvement from where we were after of first day of team competition two years ago,” said the Canadian Eventing Team Chef d’équipe, Graeme Thom. “It is exactly where International Technical Advisor, David O’Connor, had expected us to be.”The remaining three members of the Canadian Eventing Team, Rebecca Howard of Salmon Arm, BC, Stephanie Rhodes-Bosch of Summerland, BC, and Kyle Carter of Calgary, AB will compete on Friday, October 1, 2010. Following the first day of dressage, Canada’s combined team score of 103.30 places it sixth overall among the 14 nations fielding teams. Teams are comprised of four horse-rider combinations and the best three scores are counted towards the team result. Germany currently leads the way with a score of 83.80 penalty points followed by Australia in second with 91.00. Sweden sits third with 91.70.In the Individual standings, Simone Deitermann of Germany is at the top of the leader board with 36 penalty points riding Free Easy NRW. Following her teammate in second is Ingrid Klimke with a score of 41.30 with FRH Butts Abraxxas. Great Britian’s William Fox-Pitt is third with 42 riding Cool Mountain.2010 World Equestrian Games – Provisional Individual Eventing Standings Following Dressage Day 1Rider – Country – Horse – Score1. S. Deitermann – Germany – Free Easy – 36.02. I. Klimke – Germany – FRH Butts Abraxxas – 41.33. W. Fox-Pitt – Great Britain – Cool Mountain – 42.04. D. Schrade – Germany – Gadget de la Cere – 42.55. P. Tapner – Australia – Inonothing – 43.86. J. Paget – Australia – Clifton Promise – 44.07. S. Bordone – Italy – Carrera – 45.28. P. Funnell – Great Britain – Redesigned – 45.58. L. Algotsson – Sweden – Stand By Me – 45.59. N. Jonsson – Sweden – First Lady – 46.217. Selena O’Hanlon – Elgin, ON – Colombo – 50.822. Hawley Bennett-Awad Langley, BC – Gin & Juice – 52.532. Jessica Phoenix – Uxbridge, ON – Calgary, AB – 60.2 Email* More from Horse Sport:Christilot Boylen Retires From Team SportAfter an exemplary career as one of Canada’s top Dressage riders, seven-time Olympian Christilot Boylen has announced her retirement from team competition.2020 Royal Agricultural Winter Fair CancelledFor only the second time in its history, The Royal Agricultural Winter Fair has been cancelled but plans are being made for some virtual competitions.Royal Agricultural Winter Fair Statement on 2020 EventAs the Province of Ontario starts to reopen, The Royal’s Board and staff will adhere to all recommendations put forward by government and health officials.Government Financial Assistance for Ontario FarmersOntario Equestrian has recently released this update of several financial assistance packages available, including those for farm business. Horse Sport Enews We’ll send you our regular newsletter and include you in our monthly giveaways. PLUS, you’ll receive our exclusive Rider Fitness digital edition with 15 exercises for more effective riding.
Knowledge/Skills/Experience Provide security and custodial staff with necessary day to daydirection and support, enforce Museum security policies andprocedures, and give other support and communication as required toensure proper performance, with visitor safety and protection ofthe collection both key points of focus. Responsible for routinesupervisory and administrative functions, including, but notlimited to, staff assignments, scheduling, approving time cards,authorizing overtime and overseeing daily shift operations onassigned shifts and administering professional development,guidance, and disciplinary action as necessary. Direct opening andclosing of the Museum.Train, evaluate, and supervise performance of security andcustodial staff. Develop strategies for evaluating and enhancingthe interaction of guards and visitors, including appreciation ofand sensitivity to cultural diversity and special needs, includingdisabilities, of the visiting public, with the goal of improvingthe overall visitor experience. Recommend and/or develop traininginitiatives in support of the Museum’s goals. In conjunction withother Museum departments, including Museum Education, VisitorServices, and Special Events, strive to develop the individualawareness, skills, and group cohesiveness necessary to respond to awide variety of conditions, maintain positive visitor interactions,while preventing or mitigating potential damage to collectionobjects.Assign and direct security and custodial operations forassigned events. Assess conditions and adherence to standingprocedures, delegate and provide assistance as required. Keep guardforce apprised of and alert to changing conditions andcontingencies as appropriate.Working closely with the Assistant Manager and Manager, providesupport for the department’s planning and preparations for, andresponding to, emergency situations, including but not limited to:weather events, fire, mechanical failure, hazardous materials, andmedical emergencies. Respond to calls for medical assistance,providing emergency care to the level of training andcertification. Evaluate emergency situations and arrange for theproper response of emergency medical and other responders as thesituation requires. Know all emergency procedures pertaining to theMuseum.Respond to visitor complaints, issues, concerns orobservations, as appropriate, with visitor safety the utmostpriority, making independent decisions based on Museum policy,professional judgment and previous experience. Prepare, or cause tobe prepared, incident reports, statements or other communicationsappropriate to the circumstances.In accordance with standing Museum policies and procedures,document and communicate potential damage to or loss of any itemsin the collection, as well as any RISD property. Obtain allnecessary information, communicate conditions, and, in consultationwith other museum staff, including curators, registrars,conservators, or art handlers, identify next steps and takeappropriate actions.Provide security for designated TSA Screening Area as a vetted,trained and certified member of the TSA Certified Cargo ScreenProgram. Job SummaryThe RISD Museum is seeking a dependable Museum Security ShiftSupervisor with a strong sense of integrity.The RISD Museum was founded on the belief that art, artists, andthe institutions that support them play pivotal roles in promotingbroad civic engagement and creating more open societies. As one ofthe three largest university art museums in the United States, theRISD Museum is a place for investigation, transformation, andcreative process. The RISD Museum is committed to connecting adiverse public with a collection of art and design from the ancientpast to the present day.The Security Supervisor, part of the Museum’s security managementteam and working under the direction of the Assistant Manager andManager of Museum Security, Safety, and Facilities, is responsiblefor effective day to day museum security operations, in accordancewith the museum’s Security Policies and Procedures. The Supervisorplays a critical role in the daily operation of the museum’s guardforce, including routine matters such as staff assignments,scheduling, and communication; incident response andcommunications; adherence to the bargaining unit contract; and, inconjunction with other museum staff, strives to maintain a safe,welcoming and informative visitor environment. The Supervisor is animportant link between various internal departments and externalagencies, including Museum Visitor Services, Museum Education,Special Events, and RISD Public Safety; and public safetyofficials, including state or municipal police, EMT and fireservices. In addition, the Supervisor plays a critical role intraining, evaluation, and performance assessment.As an employer, RISD offers a supportive, collegial and inclusivework environment and a competitive benefits package.Essential Functions Associate’s degree, or equivalent combination of education andexperience, and a minimum of three years of security andadministrative experience preferably in a public setting, culturalorganization or museum environmentProgressively responsible supervisory experience stronglypreferred. Strong customer service orientationExperience with implementation of training initiativesKnowledge and understanding of access control, alarm and videosurveillance systems, and museum security and fire standardspreferredPrevious experience in a bargaining unit environmenthelpfulStrong interpersonal skills and ability to interact positivelyand effectively in a culturally diverse settingAbility to maintain composure and respond quickly to alarms,events and emergencies requiring security involvementDemonstrated problem-solving skills and ability to communicateeffectively orally and in writing.Computer experience and proficiencyAbility to pass and maintain TSA security threat assessment andCCSP program training and become a vetted employee under the TSAsecurity cargo screening program preferredAbility to obtain and maintain First Aid, AED, and CPRcertificationsAbility to work and communicate inclusively and effectivelywithin a broadly diverse community of faculty, staff, students,visitors, and patrons UnionNoWork Schedule40 hours/week; 12 months/yearEmployment StatusNon-Exempt; Full-Time; RegularGrade03/PSDocuments Needed to ApplyResume (required)Cover Letter (required)Incomplete applications will not be considered. Please uploadall required documents.The successful candidate will be required to meet ourpre-employment background screening requirements.For certain positions, RISD is currently supporting remote workarrangements due to the pandemic. When work resumes in person,employees are expected to perform work on campus.RISD recognizes diversity and inclusivity as fundamental to itslearning community and integral to an art and design education. Wewelcome candidates whose experience has prepared them to contributeto our commitment to diversity and excellence. RISD is an EqualOpportunity Employer. Employment decisions are made without regardto race, color, religion, sex, age, national origin, disability,veteran status, sexual orientation, gender identity or expression,genetics, or any other protected characteristic as established bylaw.For internal use only – Job Family:Safety & Security
308 West 82nd Street and Real Capital Analytics founder Robert M. White Jr. (Credit: Google Maps)From a pair of next-door buildings in Park Slope to an apartment complex in Jamaica, these are the deals in New York’s mid-market investment sales world that hit public records last week.Blake Partners sold two Brooklyn mixed-use buildings at 157–159 5th Avenue in Park Slope for $23.25 million to two entities with Gregory Fournier as authorized signatory. Situated at the corner of Lincoln Place, the buildings each stand four stories tall. Blake had bought both in 2015 for $20 million.For $20.75 million, North Capital Investments LLC, with Yufeng Sun as authorized signatory, picked up a nine-story mixed-use apartment complex at 1985-1987 Third Avenue in East Harlem. The seller was 1989 3 Ave LLC, whose manager is Bo Jin Zhu, which had paid $16 million for the property in 2015.An apartment building at 308 West 82nd Street in the Upper West Side traded for $18.65 million. The buyer was RMW Selkirk LLC, whose sole member is Real Capital Analytics founder Robert M. White, Jr. Bank of America loaned $12 million for the purchase. Seller Selkirk 308 West 82nd Street LLC, registered to attorney Lawrence Fabian, bought the 12-story, 49-unit building in 2013 for $17.1 million.JMS Realty Corp. parted with five plots that appear to be vacant on Myrtle Avenue in Brooklyn for $12.45 million. The buyer was Throop LLC, linked to Ilan Cohen of the Daniel Group. YIMBY reported in 2017 that JMS had planned an eight-story building on the site, on the corner of Sanford Street in Bedford-Stuyvesant.The Albans Housing Development Fund Corporation and the Workforce Housing Group picked up 114-05 170th Street in Jamaica, Queens, for $11.15 million. The seller was longtime owner St. Albans Realty LLC, with Ram Cohen as manager. The six-story building spans just over 57,000 square feet and has 77 apartments. This content is for subscribers only.Subscribe Now
VOLKSWAGEN has launched an appeal against a European Court of First Instance ruling upholding the Commission’s decision to fine the company for alleged anti-competitive practices. The CFI ruled in July that the Commission was justified in punishing the carmaker, but reduced the fine from 102 million euro to 90 million euro after concluding that the infringement occurred only over a three-year period. The Commission levied the fine after concluding that VW had barred its Italian distributor from selling cars to consumers in Germany and Austria.BANCO Commercial Portugues and Greek insurer Interamerican Hellenic Life Insurance have received clearance from EU regulators to set up a banking joint venture called NovaBank. Regulators said the deal would not create or strengthen a dominant position and found no significant overlaps in the parties’ activities outside the planned venture in Greece.EU COMPETITION officials have approved plans by Salzgitter to buy steel tubes maker Mannesmann-Roehrenwerke. The deal was cleared after Salzgitter promised to continue offering plate and hot-rolled wide-strip steel to smaller manufacturers in a non-discriminatory way. THE Commission has approved plans by Alstom to buy a majority stake in railway rolling stock manufacturer Fiat Ferroviaria, a unit of car giant Fiat. Officials said the deal would not affect competition in the Union’s rail equipment market.OIL giant TotalFinaElf’s offer to sell 70 service stations in France to win regulatory approval for the newly-merged oil company has been rejected by the Commission. A spokeswoman said the firm’s list of potential buyers of the motorway service stations was unacceptable because the new owners would not be able to compete with the French giant.COMPETITION Commissioner Mario Monti said this week that the recent spate of media and Internet mergers required anti-trust authorities to change the way they look at market dominance. His comments came as the Commission considers whether to clear or block EMI Group’s 23-billion euro joint venture with Time Warner’s music division as well as Time Warner’s 173-billion euro merger with America Online. Monti said it might be necessary to look at how the industries are structured to see whether the parties’ commercial interest in maintaining the status quo is hampering the development of Internet services.ENERGY Commissioner Loyola de Palacio has warned that the EU will force electricity grid operators to open their networks to competitors if they fail to do so voluntarily. “If no rapid progress is made by voluntary agreements, the Commission will shoulder its responsibility and draft legislative proposals,” she said.
All contents © copyright 2020 The Associated Press. All rights reserved. The scene in Bow where a 20-metre crane collapsed on to a property leaving people trapped inside, in east London, Wednesday July 8, 2020. The London Fire Brigade says a 20-meter crane has collapsed onto a block of apartments under development and two houses in east London. The brigade’s Assistant Commissioner Graham Ellis says urban search and rescue crews are undertaking “a complex rescue operation” and using specialized equipment to search the properties on Wednesday. (Dominic Lipinski/PA via AP) The scene in Bow where a 20-metre crane collapsed on to a property leaving people trapped inside, in east London, Wednesday July 8, 2020. The London Fire Brigade says a 20-meter crane has collapsed onto a block of apartments under development and two houses in east London. The brigade’s Assistant Commissioner Graham Ellis says urban search and rescue crews are undertaking “a complex rescue operation” and using specialized equipment to search the properties on Wednesday. (Dominic Lipinski/PA via AP) 65-foot crane down on block of apartments “Sadly, despite the efforts of emergency services, a fifth person has been found and died at the scene,” the London Ambulance Service said. Four people were treated, including two people taken to the hospital with head injuries. Crews and a team of specialist paramedics who work in hazardous environments were at the scene in the Bow neighborhood. “This is a multi-agency response and is likely to be a protracted incident,” Ellis said. London Fire Brigade Assistant Commissioner Graham Ellis said search-and-rescue crews were using specialized equipment to search the properties as part of “a complex rescue operation” on Wednesday afternoon. The scene in Bow where a 20-metre crane collapsed on to a property leaving people trapped inside, in east London, Wednesday July 8, 2020. The London Fire Brigade says a 20-meter crane has collapsed onto a block of apartments under development and two houses in east London. The brigade’s Assistant Commissioner Graham Ellis says urban search and rescue crews are undertaking “a complex rescue operation” and using specialized equipment to search the properties on Wednesday. (Victoria Jones/PA via AP) LONDON (AP) – A 20-meter (65-foot) crane collapsed onto a block of apartments under development and two houses in east London, killing one person and injuring four others, authorities said Wednesday. Emergency personnel at the scene in Bow where a 20-metre crane collapsed on to a property leaving people trapped inside, in east London, Wednesday July 8, 2020. The London Fire Brigade says a 20-meter crane has collapsed onto a block of apartments under development and two houses in east London. The brigade’s Assistant Commissioner Graham Ellis says urban search and rescue crews are undertaking “a complex rescue operation” and using specialized equipment to search the properties on Wednesday. (Victoria Jones/PA via AP)
AddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMore AddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMore“Ball’s Pyramid” is a sheer rock cliff in the middle of the South Pacific Ocean. For years this leftover shard of a volcano had a secret.At 225 feet above sea level, hanging on the rock surface, there is a small, spindly little bush, and under that bush, a few years ago, two climbers, working in the dark, found something totally improbable hiding in the soil below. How it got there, we still don’t know, writes NPR’s Robert Krulwich.The stick insect — as big as a human hand and called a “tree lobster” because of its hard, lobster-like exoskeleton — disappeared from a nearby island, its only known habitat, after a European ship wrecked there and left rats that wiped out their population.The Lord Howe stick insect, Dryococelus australis, was presumed extinct. There was a rumor though….(READ the story from NPR)Photo by Nick Carlile, inset, John White Photography
Four-time Tony nominee Danny Burstein is heading to the opera—the Metropolitan Opera, that is. Burstein will make his Met debut on New Year’s Eve in the non-singing role of Frosch, the jailer, in Die Fledermaus alongside his former South Pacific co-star Paulo Szot as Dr. Falke. This all-new production of Johann Strauss II’s classic features English-language lyrics by Jeremy Sams and dialogue by Tony nominee Douglas Carter Beane. Directed by Sams and conducted by Adam Fischer, Die Fledermaus runs December 31 through February 22. Related Shows Burstein most recently appeared onstage in Encores!’ The Cradle Will Rock and in the acclaimed off-Broadway revival of Talley’s Folly. He has been nominated for Tony Awards for his performances in Follies, Golden Boy, The Drowsy Chaperone and South Pacific. A renowned Brazilian opera singer and four-time veteran of the Metropolitan Opera, Szot won a Tony Award for his Broadway debut as Emile De Becque in South Pacific. In addition to Burstein and Szot, Sams’ production will feature Susanna Phillips as Rosalinde, Christine Schäfer and Jane Archibald as Adele, Anthony Roth Costanzo as Orlofsky, Christopher Maltman as Eisenstein, Michael Fabiano as Alfred and Patrick Carfizzi as Frank. View Comments Metropolitan Opera: Die Fledermaus Star Files Die Fledermaus is a farce about jail, a grand ball and mistaken identities. Show Closed This production ended its run on Jan. 7, 2016 Danny Burstein
The Gateway propertyThe next hurdle for the Mission Gateway plan will come later this month when the city council considers a preliminary site plan recently passed by the Mission Planning Commission.The latest proposal is similar to one that was approved by the council in January, but adds 74 market rate apartments above the 155,000 square foot Walmart store that anchors the east end of the development.Mayor Steve Schowengerdt broke a 4-4 council tie to approve the last plan which also had retail, a hotel, apartments and a potential office building. But since that vote, a city election brought three new members to the city council, which has the potential to change the outcome. The plan will come to the council at its Aug. 17 meeting.If the preliminary site plan gets council approval on Aug. 17, the city council has tentatively scheduled work sessions on Aug. 24 and Aug. 31. Those work sessions would be dedicated to other aspects of the Gateway plan such as the development agreement and any public participation in financing. Both would require council approval.Previous Gateway development proposals have included requests for Tax Increment Financing (TIF) and Community Improvement Districts (CID) that would collect increases in property tax and additional sales tax at the site to offset construction costs. The council already has held one work session to brief council members on the public financing intricacies.