Wednesday, June 15, 2011

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  • kaisersose
    03-13 10:48 AM
    I might be wrong, but I think EB2 India came only uptil April 2004.

    And the next month (July) EB2 India became current. That is when visa numbers were issued to already pcoessed Sep 2004 cases and approved.





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  • ak27
    07-21 10:58 AM
    Well,
    I am also in same boat. I have been keeping myself busy with studies, I was able to complete MBA and as well PMP. However, I would like to caution people on study front. Please give lots of thoughts on what do you want to study. One of the problem which I am facing after my MBA degree i.e. I am more frustrated being stuck in current position and doing something for which I am over qualified.
    I would be interested in knowing about prospect for folks like us in Aus. I would appreciate if someone on this thread provide some clues on Aus.
    I went to India couple of months back and there are lots of opportunities. But, I am not convinced if Indian market will be able to sustain this momentum over long period of time due to infrastructure problems and weak governments.
    It is good thread and we should keep sharing our thoughts.





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  • johnwright03
    07-30 11:51 AM
    Wow...You seem to be a Guru in this field...!!! expert in the lingo too....

    Dont even think about it unless you are a quant and have resources that can compete with the Hedge funds. Commodities do not behave like stocks, you need to be able to model prices using multi variate models. Then there is jumps. You should be familiar with jump diffusion/step functions etc. To be able to model these you will need to use a factor model like the Pilipovic model. Even then it will only be an approximation.

    Commodities are purchased as futures. Futures are derivatives and you will need to hedge them. A perfect hedge for a future is 1:1 in the spot. Since there is no arb here you will have to use options. To model the price of an option you will have to be a master of Black-Scholes option pricing model or a similar method like monte carlo simulation. Even if you figure all this out you will have to delta hedge. Delta hedging commodity options is very expensive, you will bleed money. Look up Hodges-Nuberger model for delta hedging options on derivatives.

    I suggest a book by Daragana Pilipovic called "Energy Risk", buy it and read it. After that if you still feel you can take on hundreds of computers running parallel with teams of quants modelling prices and programs trading algarithimic models; then Good luck!!

    Trade stocks as modelling stocks is comparitively easy. Stocks have drift (mu). If you are saturated with stocks look into options and Fixed income. Leave all these complicated stuff to the pros. You have better chance of hitting a jackpot in a casino than making money in trading commodities.





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  • snathan
    01-17 02:45 PM
    hey snathan

    how about a addnl category in the survey

    people who are not on h1 but willing to contribute

    I am sure there will be some ;-)

    cinqsit

    Could not modify the poll.



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  • gbof
    06-14 10:37 AM
    I guess I may fall victim of FBI background check. Even though, my priority date is not current yet but, it should be next couple of months based on recent EB-2 movement. We had our AOS interview last Nov and IO told us that she is going to initiate another Background check as original BC is more than two years old. In the end of April, I made an Infopass appointment out of curiosity because Background check use to be a major source of delay for many people. Service Rep on window told me that my Background check has not come back yet.. It was almost 5 months since it was ordered.. She did not elaborate on why was it pending.. She asked me couple of weird question which did not make any sense to me. I have schedule another appointment in next couple of days to find out where do I stand. I would like to keep my expectations in check as pending BC can delay it even when priority dates are current.
    Can anyone on forum please provide some info on what can be done if Background check is pending over 180 days.. I can make a request to my Congressmen and ask for their help... Any suggestions will be greatly appreciated..

    Thanks

    I really donot believe they will do Background checks again before approvals for everybody. Can you please elaborate what was the reason for the interview and what were the weird questions -- You can give us a little flavor. -Thanks





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  • Better_Days
    09-23 08:30 PM
    http://boards.immigration.com/showthread.php?t=286606 :mad::mad:


    I actually had to go and visit the URL to really make myself believe that someone can be this dumb. Well to each his own.

    One thing I did notice was the comment "it is soon becoming the voice of rich and/or EB2 Indians only -- all other categories will either have no direct advantage with the efforts put in by IV, or they will actually see some negative effect from its activities. But that will be the case with any organization that claims to stand for a particular class. In reality, every core group will stand up for it and only itself."

    Does someone care to explain this? I am EB3-ROW, I have occasionally donated and occasionally called but I don't think IV has ever HURT my case?

    On a side note: just on the off chance that the comment is true and IV is truly a community of RICH Indians: can I borrow some money? :D :D The eay I look at it, if 50 of these rich, EB2 Indians give me $ 10,000 each, I can get my GC by investment and I will pay you all back in 2 years. :p

    Have fun guys/gals: life will turn out as it is meant to turn out.



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  • Macaca
    12-17 04:14 PM
    From page 8 of Driving jobs and Innovation Offshore (http://www.nfap.com/pdf/071206study.pdf) The impact of high-skill Immigration Restrictions on America, National Foundation for American Policy (NFAP) Policy Brief, Dec 2007

    Critics hope to make any increase in H-1B visas contingent on imposing new restrictions on companies hiring foreign-born professionals, scientists and engineers. While many of the critics’ attacks have centered on so-called “outsourcing” companies, the intent is to impose new restrictions on all companies that seek access to skilled foreign-born talent. As discussed later in this analysis, many of the restrictions put forward by Senators Richard Durbin (D-IL), Charles Grassley (R-IA), Bernard Sanders (I-VT) and Claire McCaskill (D-MO) would impact all U.S. companies hiring foreign-born talent.

    Senator Grassley has said there is a "high amount of fraud and abuse" involving H-1B visas. However, an examination of objective data belies this statement. When questioned by the Wall Street Journal a Grassley spokeswoman cited only anecdotal evidence, saying, “People have called our office.” By objective measurements there is not evidence of significant abuse but modest problems that are addressed through agency enforcement.

    The data show it would be mistake to tar all companies with the faults of literally a few. Of the $4.8 million owed in back wages in 2004, more than half (53 percent) came from findings against just 7 companies, none of whom are household names. Abuse does occur but the evidence indicates it is limited and of a character that can be handled within existing laws and regulations.

    In fact, the amount of back wages owed to H-1B workers, small as it is, actually fell between FY 2005 and FY 2006. Moreover, the aggregate total of back wages owed is almost infinitesimal placed in the context of a $13 trillion economy. In FY 2005, only $5.2 million in back wages were owed to H-1B professionals based on DOL investigations and the total dropped to $4.6 million in FY 2006. Consistent with other years, 86 percent of the cases investigated (104 of 121) in FY 2005 resulted in no civil monetary penalties being assessed. In FY 2006, no civil monetary penalties were assessed in 89 percent of the cases completed (14 of 133).

    The data show the vast majority of cases investigated by the Department of Labor have involved only paperwork violations, not willful abuse, and that back wage payments were generally fairly small. The proportion of H-1B professionals owed back wages is also small. Back wages were owed to less than 1 percent (0.28 percent) of the individuals who received H-1B status between FY 1999 and FY 2002 – a total of 1,323 individuals out of approximately 473,000 individuals.





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  • redcard
    11-12 10:58 AM
    Was just watching Late Edition on CNN..with Arlen Specter and Chuck Schumer.. Specter did mention that he expects the CIR to be passed in the next few weeks in the lame duck session by the house.. infact he mentioned that the conservative outgoing speaker Hastert in favour of this at this time..so house might pass this now..with the senate already passed this..

    Lets see who this goes ..



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  • map_boiler
    07-11 12:21 PM
    "Dear XXX: We were informed yesterday afternoon, during our teleconference with AILA, that it was confirmed by the Immigration Service that they are not rejecting/returning any cases received by Monday July 2, 2007. Your application was included in the early Monday delivery of packets marked for Saturday delivery so it will be retained by the Immigration Service while they make a decision on whether or not to reverse themselves on the filing deadline.

    I will keep you posted as to any new developments on your case. You will also be receiving our Breaking News online notices advising you of any new changes. If you are not already receiving our newsletter, please let me know I will ask our secretary to add you to our e-mail list."





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  • pbojja
    06-12 06:12 PM
    I believe that there is a great flaw in the way the USCIS allocates VISA NUMBERS among EB1, EB2 and EB3 which is very much evident and if we can stand united we can get something done.

    After carefully observing the trend in VISA approval and VISA bulletins, It is a reality that EB3-I is not moving and at the same time EB2 and EB1 are moving fast in relative terms and probably may even become current ( EB1 is already current ), But one thing USCIS is clearly not considering is the Priority Date, which basically means that they are not giving a damn thing about how long the person from EB3-I is waiting for. Here is my suggestion and some of the IV representatives need to analyse what Iam gonna say and see if they can stand up. Being an EB3-I india myself, i totally agree that EB1 and EB2 should be given a weightage and some preference over EB3, but I dont agree to what USCIS is currently following, EB2 With priority 2006 getting ahead of EB3-I with priority date 2001. This is ridiculous and to even think about it, it just sounds stupid. What they can do is , They can move the Dates in both Categories while giving preference to EB1 and EB2 first.



    Please dont jump up & down before i complete. Iam just giving you an example of how things should work and how they can move dates forward for all 3 categories while maintaining that EB1 and EB2 gets preference over EB3. Let us ignore Eb1, since it is already current. Now Coming to Eb2, the priority Date is 2004 for them.Ideally speaking, They should not move them ahead until atleast EB3 reaches 2004. But once Both EB2 and EB3 reaches the priority date of 2004, Obviously EB2 gets the preference over Eb3 and EB2 will start to move ahead but not by much, let us say 1 year. Now, Clearly, EB2 is still given the extra preference over EB3 but at the same time, we are maintaining the priority dates between EB2 and EB3 as close as possible so that the system is not totally unfair to EB3 filers. I think, as one of the un-biased Organisation we should stand up against this unfair treatment in general. I hope even EB-2 will understand what iam trying to say.

    let me know if iam making any sense. If am wrong, also let me know. So that i can get a better understanding of things and correct myself.

    Not sure whatz ur point , But here is the deal EB2 has more numbers because of roll overs from ROW and EB-1 and they are ahead of EB3 .

    If we talk about ridiculous things here are some

    ROW EB2 - 2008 can get a green card before Indian EB2 -2004
    Counting Dependents under Employment based
    CIS wasting Visa Numbers even when they had 500 k pending applications



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  • RaviG
    02-01 05:06 PM
    Aren't these pretty complex questions for them.

    Why can't we ask a simple question like this?
    1. Given the green card woes lot of US eductated scientists and technical talent are leaving US for their home country. This is helping the home country and increasing outsourcing market. What are you going to do about it? Are you going to do any thing to keep them here?

    Should I ask this question? Any inputs.





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  • ganguteli
    05-14 12:15 PM
    Guys stop giving respect to this low life Nitinboston. He is an anti-immigrant hiding on our site for past one year reading all posts and reporting to his bosses. Now suddenly his rat fraternity boss asked him to do go the Lion's den and Roar. But he could not and his rats behind got nailed by PresidentO and QAslueth etc.



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  • canleo98
    07-29 10:25 PM
    Can anyone please answer this question?

    Yes, two paystubs along with nice covering letter and financial analysis from your attorney is enough to prove your company's abilty to pay





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  • hinvin66
    04-09 02:08 AM
    4/8/09 - soft LUD today for self, spouse & child
    8/13/08 soft LUD after updating address and invoking AC21
    9/20/07 fist status on i_485



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  • Humhongekamyab
    07-02 03:45 PM
    If any employer is minting too much and troubling a lot, make all necessary advances that one can physically produce, in such case once the person is approved with good status of Green Card one can sue the employer, that would be the right time to bring him to justice.

    Yes but do note you do not have endless time to file a complaint. I don't know how many months you have to file a complaint after leaving your job but I know for sure there is a time limit.

    Also I do not agree with your statement "minting too much". I don't think the complaint should be filed just because you are not happy with your employer or because employer made 'minted' money. Just because somebody made lot of money on you should not be a reason to harass the employer; this way we will be no better than the evil employers. If somebody thinks that the employer is going to make 'mint' money then s/he should not take the job in the first place.





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  • johnwright03
    07-30 11:51 AM
    Wow...You seem to be a Guru in this field...!!! expert in the lingo too....

    Dont even think about it unless you are a quant and have resources that can compete with the Hedge funds. Commodities do not behave like stocks, you need to be able to model prices using multi variate models. Then there is jumps. You should be familiar with jump diffusion/step functions etc. To be able to model these you will need to use a factor model like the Pilipovic model. Even then it will only be an approximation.

    Commodities are purchased as futures. Futures are derivatives and you will need to hedge them. A perfect hedge for a future is 1:1 in the spot. Since there is no arb here you will have to use options. To model the price of an option you will have to be a master of Black-Scholes option pricing model or a similar method like monte carlo simulation. Even if you figure all this out you will have to delta hedge. Delta hedging commodity options is very expensive, you will bleed money. Look up Hodges-Nuberger model for delta hedging options on derivatives.

    I suggest a book by Daragana Pilipovic called "Energy Risk", buy it and read it. After that if you still feel you can take on hundreds of computers running parallel with teams of quants modelling prices and programs trading algarithimic models; then Good luck!!

    Trade stocks as modelling stocks is comparitively easy. Stocks have drift (mu). If you are saturated with stocks look into options and Fixed income. Leave all these complicated stuff to the pros. You have better chance of hitting a jackpot in a casino than making money in trading commodities.



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  • nishant2200
    12-22 03:09 PM
    Dear President-elect and transition team,
    I am really excited by the change and new hope your administration is promising.
    My story is of a bright engineering student from India, who came to USA to study a graduate degree from one of the top engineering schools in USA. I graduated with a 3.6 GPA with a Masters degree In Computer Engineering and Electrical Engineering from top 10 engineering school, University of Southern California in 2004.
    I immediately joined a company, working in the Health care industry and providing software for many of the most large and research labs in the country, providing patient care to all parts of the country.
    We applied for a Permanent Residence visa in the Employment Based Second (EB2) category. I have not missed a single paycheck since nearly 4 years, paid all my taxes in February 2nd week latest each year. I have studied in a premier school of USA and contributed to research and studies for nearly 3 and half years there.
    There is a huge backlog of visas in the employment based categories. The backlog is in hundreds of thousands. There is a limitation of 120,000 visas each year, with a limitation of around 8400 visas for countries. This means countries like India and China which contribute the most to legal employment based immigration look at a wait of 6 to 10 years. In this time, we cannot take career decisions, are afraid to buy houses, are afraid to invest in 401k and retirement schemes, all life decisions come to a halt.
    During the past years, a lot of visa numbers were left uncaptured because of processing delays. Also, family numbers count for single visa numbers. And there is a per country numerical limitation which is unfair to countries like India or China. There is no consideration for applicants with graduate and PhD degrees in Science, Engineering or Math.
    Generally the illegal immigration gets all the focus, with us, legal immigrants, not even getting a mention. H1 visa category is chastised and in bad press, but we are all but a very few number of intending immigrants, who instead of taking jobs, are contributing to economy, legally residing and want to be a part of the great country. Many bills HR 5882, HR 5921 & HR 6039 are already in government waiting for action.
    Please help the legally employment based immigration group.
    Thanks,
    A law abiding, tax paying, hopeful.





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  • veni001
    04-15 06:29 PM
    Hi hur11

    Please let me know which category you have applied EB2/ EB3. Below is my qualification

    Degree : B.Com ( 3 years)
    PG : M.C.A (IGNOU - 3 Years)
    Experience - 8 Years in India and 3 years in USA with different employer.

    Thanks in Advance

    -vga


    The job must qualify for EB2 first, which means BS+5 yrs of progressive exp or MS as min requirement.





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  • seahawks
    04-28 02:30 AM
    don't forget to file change of address AR11 if you move. People tend to forget this since after getting GC there is very little or no paper work required unlike people who are waiting like me:).





    misanthrope
    10-02 11:33 PM
    Again, I would like to reiterate that I DO NOT consider an EB-3 candidate inferior just because he/she belongs to a catergory with a lower priority.
    But, if you agreed to file in that category then you probably made a compromise and it is not wrong. Everyone is a victim of circumstances at one point or the other in their lives.





    GCBy3000
    02-13 04:49 PM
    Just with few members going against you within couple of hours, you are backing from your point. Then imagine how tough it will be to work for our goals working against our forces on daily basis in this country.

    Just less than a day and few members are enough to push you back. Having similar and stronger opposition IV is still live. This one is enough to prove the leader ship.

    Your previous post demands results from IV. You look like CEO/Chairman of IV. I pity your insanity and you have to learn a lot to live in this real world.

    I realize that there is no point in telling you guys anything. When you don't have an open mind, you can not accept the facts. It's like banging your heads against steel wall. When you are not even ready to diagnose the disease, there is little hope you will be able to cure it. Denial is a beautiful thing.

    So I apologize for my comments.

    Here is something you will love:
    Congratulations IV and the core team! Keep up the good work.



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