Shortages rampant in Venezuela

An article in BBC discussed the plethora of shortages that are now present across Venezuela as it delves deeper into a crisis that is showing no signs of abating.
One place that is currently experiencing a remarkable decline is the University Hospital in Caracas. The University Hospital was considered to be first class in the country but now suffers from the same problems that the whole nation is facing – a shortage of resources. Expert Manuel Gonzalez explains that among these resources are power as whole wings of the hospital is in darkness, and a lack of equipment. An example is an x-Ray machine that cannot print out photos of the image taken. Instead, doctors are taking photos of the x-Ray with their cell phone camera. These are only examples of the shortages across the country but some of the more notable ones given the sharp declines in the services of the hospital.

The cause of this is partly a Major drought that has put stresses on the country’s hydroelectric plants. This is partly caused by the cyclical storm El Niño. However declines in the price of oil have also hit the country hard and limited their ability to correct the shortages that the country is facing. Many citizens are trying to oust the President Nicholas Maduro for failing to have sufficient contingency plans in place to stop this crisis. Other Linked In critics are indicating the negatives of a socialist system that allowed this to happen.

Stephen Murray, Philanthropist, CEO and Financial Genius

Stephen Murray was born on August 2, 1962. He grew up in a New York City suburb in Westchester County, New York. Stephen Murray went to Sleepy Hollow High School, and in 1984, Stephen Murray attended Boston College and graduated with a degree in economics.

During that same year, Stephen Murray landed a position at Manufactures Hanover Corporation, joining the credit analyst training program. Through hard work and dedication, he became Vice President of the middle market lending department. In 1989, he enrolled at Columbia Business School and subsequently earned his Master’s Degree in Business Administration.

In 1991, Chemical Bank bought out Manufacturers Hanover. Manufacturers Hanover merged with JP Morgan Bank in 2000. In 2005, Stephen Murray proudly was promoted to head of buyout business at JP Morgan. In August, 2006, Stephen Murray co-founded CCMP Capital and in 2007, he became President and CEO of CCMP Capital. Learn more about Stephen Murray CCMP:

Stephen Murray is the former CEO and President of the company CCMP Capital. CCMP Capital is a private equity business that specializes in capital transactions and leveraged buyouts. CCMP Capital has more than 50 employees with several offices located in London, New York, Hong Kong and Tokyo. CCMP Capital works with companies that are in the industrial, consumer, health care and energy sectors. Learn more about Stephen Murray CCMP:

For every transaction, they invest approximately $100 to $500 million of equity. CCMP Capital has invested in several companies, such as Quiznos Corporation, Warner Chilcott and Cabela’s Incorporated. Since CCMP Capital’s inception into the business world, they have invested in leveraged buyout and capital transactions totaling approxitemately $12 billion. CCMP Capital was one of the world’s biggest private equity funds, ranking number 17 in 2007. In 2007, CCMP Capital closed on $3.4 billion of institutional investor commitments. CCMP Capital sold Medpace, a pharmaceutical research company, to Cinven for a whopping $900 million.

Stephen Murray spent most of his successful career in the private equity field and was a superb investor who was an expert at closing deals. Throughout his illustrious career, Stephen Murray played a huge role in several firms, including Generac Power Systems, Aramark, Warner Chilcott, AMC Entertainment, Cabela’s, The Vitamin Shoppe, Pinnacle Foods and Legacy Hospital Partners.

He was also a prominent member of his community, helping support the Make-A-Wish Foundation, the Food Bank of Lower Fairfield County, Columbia Business School and the Stamford Museum.

Click the sites below to read more:

This Old Thing? Private Equity Honcho Drops Little Place Uptown for $11M

The Exponential Growth of CCMP Capital Under Stephen Murray’s Leadership

The New Importance of Online Reputation Management


In the world of online business, online reputation management has become more and more important. It used to deal with reversing negative Google search results. but now it involves coming up with a strategy to promote a company’s brand. Here are a few reasons why companies should pay attention to ORM.

* Customers will post messages, both positive and negative.
* Brands that did not pay enough attention to customers changing attitudes have
* 68 percent of customers trust reviews that have been posted online.
* 86 percent of buyers can be influenced by negative online reviews.
Here’s a good reason why companies should pay attention to customer reaction. 24 percent of American adults have posted comments about products or services they have purchased. Positive reviews from customers can help you a little, but bad reviews can have five times more impact on the negative side.
Word of mouth about products and services have become increasingly important when it comes to online perception of a company and what it has to offer. Customers especially believe in word of mouth assessments when it comes from relatives and friends.
Online reputation management should be seen on a global scale even if your company has not reached that point in scope. If you focus on good quality customer service your reputation may shine past even your customer base.
Too many bad reviews can do harm to a company in an immediate fashion. With the use of ORM there are ways you can start to bounce back. If negative reviews are a part of only a few total reviews, ORM can use methods to get more total reviews, hoping that a good portion of them will be positive. If the negative reviews are legitimate, then a company has to quickly solve the problem, or put out an improved product or service.
In some cases a company has no control over super negative comments they may receive. Some action can be taken if there is defamatory language used. If there is intent to damage a company’s reputation, or if the information spread is blatantly incorrect.
The Search Fixers is an example of an Online Reputation management company that will help companies reverse negative press they are experiencing on the internet.
They are currently offering thirty percent off the first month of a subscription for the ORM service.