Saturday, June 7, 2014

#1990: Marine Links Serco's WTC1 Cat Bond for Hyman Waters Risk to Trigger 47 and Death at 106

Plum City – ( United States Marine Field McConnell has linked former CEO Chris Hyman’s 9/11 presentation on Serco's catastrophe-bond (a.k.a. cat bond) services to sponsors and investors at the Risk Waters Congress in World Trade Center Building #1, to various incendiary bombs which were allegedly triggered by Hyman’s agents out of the Adjusters International [FEMA] offices on the 47th Floor after he had left delegates to die in the Windows on the World restaurant on the 106th floor.

McConnell claims that in 1994, Hyman began building Serco’s cat-bond asset-tracking system and helped Adjusters International deploy the saboteurs who triggered incendiary bombs attacks on the Murrah Federal Building in Oklahoma City on April 19, 1995.

Prequel 1:
#1378 Marine Links Windows on the World Restaurant-Wrecking Gig to the Bullingdon Club's Spot-Fixing Vig  

9/11 Phone Call - Christopher Hanley

9/11 Resolution Trilogy Volume III: Pattern of the Times part 1 of 4

By Chris Blackhurst Saturday, 01 December 2007
The MT Interview: Chris Hyman
Resolutely fit, abstemious, religious, the CEO of service-supply firm Serco - 4th in our Most Admired Companies list - is an unusual businessperson in an unfashionable sector. Surviving 9/11 reinforced his belief in 'people first, profits second'. Just don't call it outsourcing.
One of the few non-whites to make it to the University of Natal, Hyman went on to join accountant Arthur Andersen, before moving to London in 1989 to be with Ernst & Young. After South Africa, he says, the UK was a breath of fresh air and he claims never to have found his race to be an issue. 'My parents brought us up in a certain way. They told us that God created everyone. You do the best you can and you will be spotted.'

In 1994, he was head-hunted by Serco to be its European finance director, although, as he puts it: 'I found Serco - the company fitted everything I was looking for.' When he joined, annual turnover was £238m. In 2006, it was £2.5bn.

On 11 September 2001, he was in the World Trade Center. He was on the 47th floor when the plane hit, talking to Serco shareholders. They got out - but not the people in his previous meeting [Risk Waters 106th Floor Windows on the World]. He does not like talking about that terrible day. 'It confirmed my faith. It renewed my zest for getting the balance right and made me realise that time is not always your own. It made me think about my family and my health more - and about putting the balance back. You know, it's not a bad thing, to step back sometimes.'

At Serco, he worked closely with Richard White, the previous executive chairman, then his successor, Kevin Beeston. Since September 2007, Beeston has moved to become non-executive chairman, leaving Hyman as CEO.”
Christopher Rajendran Hyman CBE (born 5 July 1963 in Durban, South Africa)[1] was Chief Executive of Serco Group plc from 2002 to October 2013.[2]

On graduation, he worked for Arthur Andersen. In 1989, he won an 18-month exchange with Ernst & Young in London, who employed him after four months.[1] Head hunted in 1994 by Serco, Hyman became European finance director, and in 1999 was made group finance director. In 2002, Hyman became chief executive.

Hyman was appointed Commander of the Order of the British Empire (CBE) in the 2010 Birthday Honours for services to business and charity.[3]
Hyman resigned from his role of Chief Executive of Serco on 25 October 2013 following allegations that Serco had overcharged government customers [in fact it had built a tracking system to deploy saboteurs, assassins and extortionists in a global cat-bond service].[4]

Catastrophe bonds (also known as cat bonds) are risk-linked securities that transfer a specified set of risks from a sponsor to investors. They were created and first used in the mid-1990s in the aftermath of Hurricane Andrew and the Northridge earthquake.”

Risk Waters Group releases a list of missing staff & companies thought to have had delegates at our conference in the World Trade Center.
5.30 pm. Tuesday 16th October 2001, London.

Following the attacks of September 11th Risk Waters Group has until now not released the names of anyone we believe was attending Waters Financial Technology Congress in 'Windows on the World' on that day. Several of the families had specifically requested that this information was not made public & we wanted to protect them from any unnecessary intrusion during this difficult time.

Now, just over one month after the tragedy, we think it is appropriate to publicly release the names of our colleagues who are missing along with the names of companies that we believe had sent delegates to attend.

The 16 Risk Waters staff are:

Michele Beale (née du Berry), Director of Conferences
Oli Bennett, Staff Writer, Risk magazine
Paul Bristow, Conferences Producer
Neil Cudmore, Sales Director, Waters magazine
Sarah Ali Escarcega , Freelance Marketing Consultant
Elisa Ferraina, Senior Conferences Sponsorship Co-ordinator
Amy Lamonsoff, Events Manager, North America
Sarah Redheffer (née Prothero), Conferences Operations Manager
David Rivers, Editorial Director, Waters magazine
Laura Rockefeller, Freelance Delegate Co-ordinator
Karlie Rogers, Divisional Sponsorship Manager
Simon Turner, Publishing Director
Celeste Victoria, Conferences Telesales Executive
Joanna Vidal, Event Co-ordinator
Melanie de Vere, Publisher, Waters Reference Products
Dinah Webster, Advertising Manager
While there can be no certainty, the company's best estimates are that 71 industry delegates also attended. After speaking to representatives we believe that the following companies had delegates at the event.
Algorithmics Inc.
ARC Partners Inc.
BEA Systems
Boston Investor Services Inc.
Callixa Inc.
Cambridge Technology Partners
Caplin Systems Inc.
Compaq Computer Corporation
Credit Suisse First Boston
Financial Fusion/SYBASE Inc.
Freddie Mac
Gold Tier Technologies
Imagine Software Inc.
Janus Capital Corp
Jennison Associates
JPMorgan Investor Services
Merrill Lynch
Morgan Stanley Dean Witter
Nomura Research Institute
Random Walk Computing Inc.
Salomon Smith Barney
Slam Dunk Networks
SSM Consulting
Thales Contact Solutions
Thomson Financial
UBS Warburg
Umevoice Inc.
Zurich Scudder Investments 

All of these organisations are aware of the names of the delegates we expected to have been at the conference. As they are the primary point of contact for the delegate's families we do not feel it is appropriate for Risk Waters Group to release the names of the individual delegates.

If you 
would like to discuss this further or for more information click here

47Pacific American Corporation (CS), American TCC International Group (?UB), G.Z. StephensNational Futures AssociationQuint AmasisW.J. Export-ImportAdjusters InternationalClear Forest Corporation

Adjusters International,  formed in 1985, is a public adjusting and disaster recovery company, who assists clients with financial recovery from insurance claims and U.S.Federal Emergency Management Agency (FEMA) grants. The company's headquarters is in Utica, New York. It has more than 40 regional offices across the United States.[1]

Public insurance adjusters represent clients for a small percentage of the resulting settlement money from the insurance claim. Adjusters mostly represent clients who have been victim to property damage or loss. Most cases involve natural disasters including:firesfloodshurricanesice damage, and earthquakes.[1]

Public adjusters are the only type of claims adjuster that can legally represent the rights of an insured during an insurance claim process.
Notable achievements[edit]

Adjusters International assists its clients in regaining financial stability following disaster loss in the United States and worldwide.
Some of these cases include:

Terrorist Attacks of September 11, 2001[2] – Following the events of 9-11, Adjusters International constructed a recovery plan totaling over $500 million in funding. For their contributions to the recovery and rebuilding at Ground Zero after the September 11, 2001, attack on the World Trade Center, Adjusters International's President & CEO, Ronald Cuccaro and Vice President John Marini received the James G. Hellmuth Unit Citation "for invaluable contribution to the World Trade Center Loss Recovery Team" from the Port Authority of New York and New Jersey, owners of the World Trade Center. In the history of the award, they are the only people from outside the Port Authority who were ever bestowed this honor.

1993 World Trade Center Bombing[3] – AI was enlisted by the Port Authority of New York and New Jersey to assist with the insurance claim following a damage estimation of $400 million.

Oklahoma City Bombing of the Alfred P. Murrah Building[4] – Adjusters conducted damage assessments to buildings, individuals, businesses, and governments affected by the bombing. The total estimated impact in Oklahoma City was $652 million.

Government of Kuwait[5] – Following the Persian Gulf War, Adjusters International was selected by the United Nations to represent the interests of the Government of Kuwait and its citizens. It set up initial infrastructure for the Public Authority for Assessment of Compensation for Damages Resulting from Iraqi Aggression (PAAC) and consolidated the Gulf War damages into final claim verification reports.”

The Federal Emergency Management Agency (FEMA) is an agency of the United States Department of Homeland Security, initially created by Presidential Reorganization Plan No. 3 of 1978 and implemented by two Executive Orders on April 1, 1979.[1][4] The agency's primary purpose is to coordinate the response to a disaster that has occurred in the United States and that overwhelms the resources of local and state authorities. The governor of the state in which the disaster occurs must declare a state of emergency and formally request from the president that FEMA and the federal government respond to the disaster. FEMA also provides these services for territories of the United States, such asPuerto Rico. The only exception to the state's gubernatorial declaration requirement occurs when an emergency and/or disaster takes place on federal property or to a federal asset, for example, the 1995 bombing of the Alfred P. Murrah Federal Building in Oklahoma CityOklahoma, or the Space Shuttle Columbia in the 2003 return-flight disaster.

While on-the-ground support of disaster recovery efforts is a major part of FEMA's charter, the agency provides state and local governments with experts in specialized fields and funding for rebuilding efforts and relief funds for infrastructure by directing individuals to access low interest loans, in conjunction with the Small Business Administration. In addition to this, FEMA provides funds for training of response personnel throughout the United States and its territories as part of the agency's preparedness effort.”

The Oklahoma City bombing was a domestic terrorist bomb attack on the Alfred P. Murrah Federal Building in downtown Oklahoma City on April 19, 1995. The bombing killed 168 people[1] and injured more than 680 others.[2] The blast destroyed or damaged 324 buildings within a 16-block radius, destroyed or burned 86 cars, and shattered glass in 258 nearby buildings,[3][4] causing at least an estimated $652 million worth of damage.[5] Extensive rescue efforts were undertaken by local, state, federal, and worldwide agencies in the wake of the bombing, and substantial donations were received from across the country. The Federal Emergency Management Agency (FEMA) activated eleven of its Urban Search and Rescue Task Forces, consisting of 665 rescue workers who assisted in rescue and recovery operations.[6][7]

McConnell believes that Serco is a racketeering influenced and corrupt organization and all its contracts with the United States and the United Kingdom, including its cat-bond asset tracking services for Adjusters International (FEMA), should be rescinded with appropriate penalties.

Yours sincerely,

Field McConnell, United States Naval Academy, 1971; Forensic Economist; 30 year airline and 22 year military pilot; 23,000 hours of safety; Tel: 715 307 8222

David Hawkins Tel: 604 542-0891 Forensic Economist; former leader of oil-well blowA-out teams; now sponsors Grand Juries in CSI Crime and Safety Investigation


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