Sunday, December 25, 2016

#2869: Did Obama Property Custodian Link Serco's 8(a) Qui Tam Visas To Boeing's Red Switch Stand-Down Bombs?

United States Marine Field McConnell 
Plum City Online - (AbelDanger.net
December 25, 2016 
"Happy Christmas To All Our Readers"

Abel Danger (AD) has explained how Michelle Obama appears to have served Northern Trust as an alien property custodian for the first live-broadcast mass snuff film in human history which was produced on 9/11 after Northern's investee Serco had allegedly engaged in multiple qui tam frauds to issue 8(a) snuff crews with visas, stand down the Defense Red Switch Network and fly Boeing aircraft as droned bombs.

Global Operations Director United States Marine Field McConnell can help President-elect Donald Trump bring qui tam suits against Serco and its shareholders, including Northern Trust, in re the fraudulent procurement of 8(a) stand-down networks for assassination and mass casualty events.

AD claims that Serco's (formerly RCA GB 1929) 8(a) stand-down networks were launched in 1978/9 in a conspiracy between Nicholas Soames, the grandson of Sir Winston Churchill and former UK Minister of State for the Armed Forces (1994 to 1997), and Kristine "Con Air" Marcy, sister of Field McConnell, founder member of the Senior Executive Service and former custodian of the DOJ Asset forfeiture Fund.

AD has prioritized possible qui tam suits against Serco in re the 8(a) networks fraudulently used to stand down various branches of the U.S. military, federal civilian agencies and the intelligence community during the September 11 travel, mass casualty, demolition and media-play operations …

1. National Visa Center – Flight training school and 'muscle' hijackers
2. FAA Contract Towers – Imputed ad hoc waypoints through ITT Sheraton
3. E-4B NAOC "Doomsday" Fleet – Boeing tracking and telemetry of hijacks in Zulu time
4. Office of SBIC Liquidation – Underwritten by Serco shareholders; Goldman Sachs, Credit Suisse and JPMorgan
5. U.S. Patent And Trademark Office – Lockheed rocket penetrator bombs, Serco's Alien Property Custodian
6. U.S. Defense Ammunition Center – Dial a Yield and Special Operation Forces Demolition Kits

Acting as an original source relator, Field McConnell is asking for a meeting with President-elect Trump to explain how to use qui tam remedies – unwittingly suggested by Kristine Marcy – for Serco's alleged procurement frauds and eradicate the threat from 8(a) stand-down networks by funding the 'expansion of peacetime components of the Marine Corps [Intelligence Activity] to meet the needs of war [on terror].'


Copy of SERCO GROUP PLC: List of Subsidiaries AND Shareholders! 
(Mobile Playback Version)

The Coup D'état The CLINTON Legacy SEPT 11 2001 Bush "Angel is Next" AIR FORCE ONE's Call Sign

"Digital Fires Instructor Serco – Camp Pendleton, CA Uses information derived from all military disciplines (e.g., aviation, ground combat, command and control, combat service support, intelligence, and opposing forces) to determine changes in enemy capabilities, vulnerabilities, and probable courses of action."

"Sidley & Austin LLP 
After graduating from Princeton and Harvard Law School in 1988, Michelle Obama worked with Bernardine Dohrn at Sidley & Austin, the law firm where she and Barack met. Michelle worked on marketing and intellectual property. Dorn is the wife of William Ayers, one of the founders of the Weather Underground and a friend and associate of Barack Obama. Bernadine Dohrn, Bill Ayer's wife, took credit for the bombings in New York by the Weather Underground.[15]"

"9/11 Commission – Chapter 11 
FORESIGHT-AND HINDSIGHT 
Considering what was not done suggests possible ways to institutionalize imagination. To return to the four elements of analysis just mentioned:

The CTC did not analyze how an aircraft, hijacked or explosives-laden, might be used as a weapon. It did not perform this kind of analysis from the enemy's perspective ("red team" analysis), even though suicide terrorism had become a principal tactic of Middle Eastern terrorists. If it had done so, we believe such an analysis would soon have spotlighted a critical constraint for the terrorists-finding a suicide operative able to fly large jet aircraft.

They had never done so before 9/11.

The CTC did not develop a set of telltale indicators for this method of attack. For example, one such indicator might be the discovery of possible terrorists pursuing flight training to fly large jet aircraft, or seeking to buy advanced flight simulators."

"The September 11 Travel Operation The success of the September 11 plot depended on the ability of the hijackers to obtain visas [through Serco's National Visa Center set up by Field McConnell's sister Kristine 'Con Air' Marcy, the former Senior Counsel for the Detention and Deportation Program for the INS] and pass an immigration and customs inspection in order to enter the United States. It also depended on their ability to remain here undetected while they worked out the operational details of the attack. If they had failed on either count—entering and becoming embedded—the plot could not have been executed. Here we present the facts and circumstances of the hijackers' travel operation, including their 25 contacts with consular officers and their 43 contacts with immigration and customs authorities. We also discuss the 12 contacts with border authorities by other September 11 conspirators who applied for a visa. The narrative is chronological, retracing the hijackers' steps from their initial applications for U.S. visas, through their entry into the United States, to their applications for immigration benefits, and up through their acquisition of state identifications that helped them board the planes. Along the way, we note relevant actions by U.S. government authorities to combat terrorism. There were a few lucky breaks for U.S. border authorities in this story. Mostly, though, it is a story of how 19 hijackers easily penetrated U.S. border security." 

"Serco Receives "Supplier of the Year" from Boeing for Enterprise Architecture Expertise 
 5/19/2011 RESTON, VIRGINIA – May 19, 2011 – Serco Inc., a provider of professional, technology, and management services to the federal government, has been recognized as Supplier of the Year by The Boeing Company in the Technology category for its state-of-the-practice Enterprise Architecture solutions.

The Boeing Supplier of the Year award is the company's premier supplier honor, presented annually to its top suppliers in recognition of their commitment to excellence and customer satisfaction. This year's 16 winners represent an elite group among more than 17,525 active Boeing suppliers in nearly 52 countries around the world. This selection was based on stringent performance criteria for quality, delivery performance, cost, environmental initiatives, customer service and technical expertise. This is the second time Serco has been recognized as Supplier of the Year by Boeing. In January 2011, Serco also received the Boeing Performance Excellence Gold Award in recognition of the Company's performance excellence.

"We are extremely honored to receive this recognition for our work in support of Boeing. This prestigious award demonstrates our passion for excellence and ability to apply Serco's Enterprise Architecture expertise across a broad range of applications," said Ed Casey, Chairman and CEO of Serco. "We continue to grow our EA practice, and over the past 15 years we have deployed solutions to support enterprises and systems across federal and commercial environments."

Serco's Enterprise Architecture Center of Excellence is based in Colorado Springs, CO. The team provides a variety of services in support of Boeing's business units as well as research and development efforts. Serco's architecture employs object-oriented (OO)/Unified Modeling Language (UML) to define, design and satisfy defense agencies' mission-critical requirements, including Command, Control, Communications, Computers and Intelligence (C4I). This approach improves system developer's understanding of operational requirements and how best to integrate enterprise operations and systems for the optimal fulfillment of C4I and other operational needs.

About Serco Inc.: Serco Inc. is a leading provider of professional, technology, and management services focused on the federal government. We advise, design, integrate, and deliver solutions that transform how clients achieve their missions. Our customer-first approach, robust portfolio of services, and global experience enable us to respond with solutions that achieve outcomes with value. Headquartered in Reston, Virginia, Serco Inc. has approximately 11,000 employees, annual revenue of $1.5 billion, and is ranked in the Top 30 of the largest Federal Prime Contractors by Washington Technology. Serco Inc. is a wholly-owned subsidiary of Serco Group plc, a $6.6 billion international business that helps transform government and public services around the world. More information about Serco Inc. can be found at www.serco-na.com." 

"Northern Trust and Kelly King Dibble 
The Obamas got their mortgage from Northern Trust. By curious coincidence, one of Michelle's old friends joined that bank and is now in a particularly important position when it comes to information about the mortgage. Kelly King Dibble has a long time friendship with Michelle Obama from the time they both worked at the Chicago Planning Dept, and she also worked for Rezko. Dibble went on to head the Illinois Housing Development Authority under Governor Blagojevich, with Rezko help. Dibble also hosted a fund raiser for Obama. More on Dibble here. .. Dibble later resigned from the IHDA in Jan 2007 to take a job with Northern Trust, and is now Senior Vice President Public Affairs. So if Northern Trust is asked about the loan, Dibble will be in charge of framing the answers."

"Northern Trust Company History 
A new era was on the horizon when Byron L. Smith died in March 1914 and his son, Solomon A. Smith, took over the reins of the bank. World War I started in August 1914, and stock and bond prices dropped markedly, even though the dollar gained in value against European currencies. When the United States finally entered the war in 1917, Northern acted as a depository for the Alien Property Custodian Act and held over $500 million in enemy assets." 

"The False Claims Act (31 U.S.C. §§ 3729–3733, also called the "Lincoln Law") is an American federal law which allows people who are not affiliated with the government to file actions against federal contractors claiming fraud against the government. The act of filing such actions is informally called "whistleblowing." Persons filing under the Act stand to receive a portion (usually about 15-25 percent) of any recovered damages. The Act provides a legal tool to counteract fraudulent billings turned in to the Federal Government. Claims under the law have been filed by persons with insider knowledge of false claims which have typically involved health care, military, or other government spending programs. The provision allows a private person, known as a "relator," to bring a lawsuit on behalf of the United States, where the private detective or other person has information that the named defendant has knowingly submitted or caused the submission of false or fraudulent claims to the United States. The relator need not have been personally harmed by the defendant's conduct; instead, the relator is recognized as receiving legal standing to sue by way of a "partial assignment" to the relator of the injury to the government caused by the alleged fraud.[3] The information must not be public knowledge, unless the relator qualifies as an "original source."Qui tam - Wikipedia

"Serco in North America 
In North America, Serco is a trusted government service delivery partner with over 11,000 employees and more than 20 years’ experience. We provide IT and management services to every branch of the U.S. military, federal civilian agencies, the intelligence community, and many other government agencies. We advise, design, integrate, and deliver services that solve our clients’ most difficult service challenges. We work with our clients to understand exactly what they need and guide their projects through the complete lifecycle to completion. Serco North America, which includes the Canadian division, is currently headquartered in Reston, Virginia, and has annual revenues of over $1.5 billion."

"Serco's Office of Partner Relations (OPR) helps facilitate our aggressive small business utilization and growth strategies. Through the OPR, Serco mentors four local small businesses under formal Mentor Protégé Agreements: Three sponsored by DHS (Base One Technologies, TSymmetry, Inc., and HeiTech Services, Inc.,) and the fourth sponsored by GSA (DKW Communications, Inc.). Serco and HeiTech Services were awarded the 2007 DHS Mentor Protégé Team Award for exceeding our mentoring goals."

"Contact 111 Eighth Avenue New York, NY 10011 Description Base One Technologies, Ltd. is a DOMESTIC BUSINESS CORPORATION, located in New York, NY and was formed on Feb 15, 1994. This file was obtained from the Secretary of State and has a file number of 1795583."

"Base One Technologies – Corporate Strategy – We are a Government Certified Women-Owned Business We practice Diversity Recruitment and Staffing for IT positions Base One was founded in 1994 by a women engineer who had made a career in technology research for many years. ..We are also partnered with firms that are 8A certified as Minority firms, Disabled Veteran firms, Native American firms, Vietnam veteran firms, women owned firms. .. Base One's staff of engineers are a diverse group of professionals. This diverse network of engineers helps us to branch out to other engineers and creates an even larger network of resources for us to work with. .. Information Security Planning is the process whereby an organization seeks to protect its operations and assets from data theft or computer hackers that seek to obtain unauthorized information or sabotage business operations. Key Clients Benefiting From Our Information Security Expertise: Pentagon Renovation Program, FAA, Citigroup, MCI. .. Performs architectural assessments and conducts both internal and external penetration testing. The results of these efforts culminate in an extensive risk analysis and vulnerabilities report. Develops, implements and supports Information Security Counter measures such as honey-pots and evidence logging and incident documentation processes and solutions." 

"The 8(a) Business Development Program assists in the development of small businesses owned and operated by individuals who are socially and economically disadvantaged, such as women and minorities. The following ethnic groups are classified as eligible: Black Americans; Hispanic Americans; Native Americans (American Indians, Eskimos, Aleuts, or Native Hawaiians); Asian Pacific Americans (persons with origins from Burma, Thailand, Malaysia, Indonesia, Singapore, Brunei, Japan, China (including Hong Kong), Taiwan, Laos, Cambodia (Kampuchea), Vietnam, Korea, The Philippines, U.S. Trust Territory of the Pacific Islands (Republic of Palau), Republic of the Marshall Islands, Federated States of Micronesia, the Commonwealth of the Northern Mariana Islands, Guam, Samoa, Macao, Fiji, Tonga, Kiribati, Tuvalu, or Nauru); Subcontinent Asian Americans (persons with origins from India, Pakistan, Bangladesh, Sri Lanka, Bhutan, the Maldives Islands or Nepal). In 2011, the SBA, along with the FBI and the IRS, uncovered a massive scheme to defraud this program. Civilian employees of the U.S. Army Corps of Engineers, working in concert with an employee of Alaska Native Corporation Eyak Technology LLC allegedly submitted fraudulent bills to the program, totaling over 20 million dollars, and kept the money for their own use.[26] It also alleged that the group planned to steer a further 780 million dollars towards their favored contractor.[27]" 

"Support Services for Starwood Hotels Group Starwood Hotels Group, owner of some of the world's most prestigious hotels, has appointed Serco as preferred bidder for a £7m contract to provide a range of support services to the Sheraton Grand in Edinburgh, the Westin in Dublin and the 5 star [Trump] Turnberry resort on Scotland's west coast. The contract, which has a 5 year term, is an extension to services already provided to other hotels in the Starwood Group and includes buildings maintenance and security, engineering support and help desk services." 

"AWE review concluded successfully and updated contract agreed Serco Group plc ('Serco' or 'the Group'), the international service company, is pleased to announce that an updated contract to manage the operations of the Atomic Weapons Establishment ('AWE') has been agreed by AWE Management Limited ('AWE ML') and the Ministry of Defence ('MoD'). As previously disclosed, the UK Government has been reviewing these arrangements, and this process has now concluded successfully.

The updated contract, which sets out a framework for operations through to 2025, will provide the MoD with greater flexibility to vary activity with changes in funding and other programme demands, and provides for greater incentivisation in the form of demanding risk / reward mechanisms. There will be regular pricing reviews, with the next one scheduled to take place in 2019.

AWE ML is a joint venture between Serco, Lockheed Martin Inc. and Jacobs Engineering Group Inc., and is contracted to manage on the UK Government’s behalf the development, maintenance and manufacturing of warheads for the UK's strategic nuclear deterrent, as well as performing other roles central to national nuclear security. As part of the arrangements, the joint venture partners have agreed in principle that Lockheed Martin will take a majority holding in the joint venture, reflecting the anticipated relative level of resources and workload involved in future operations; the shareholdings of both Jacobs and Serco will be adjusted to allow for this, reducing in both cases from 33.3% to 24.5%."

"Sir Arthur Nicholas Winston Soames, PC (born 12 February 1948), sometimes known as Nick Soames, is a British Conservative Party politician and member of parliament for the constituency of Mid Sussex. He is a grandson of Sir Winston Churchill. Soames was first elected to Parliament in 1983. He was Minister of State for the Armed Forces from 1994 to 1997 in the government of John Major. His main political interests are defence, international relations, rural affairs and industry. He is also chairman of the private security contractor Aegis Defence Services.[1] …

Early career[edit]

In 1970 he was appointed Equerry to HRH The Prince of Wales, he has remained a close friend of the Prince ever since and publicly criticised Diana, Princess of Wales, during the couple's estrangement. When Diana first accused the Prince of Wales of adultery with Camilla Parker Bowles, Soames told the BBC that the accusation, and Diana's fear of being slandered by her husband's courtiers, stemmed merely from Diana's mental illness, and "the advanced stages of paranoia".[4] Charles later admitted his adultery and Soames apologised. When questioned by the inquest into the death of Diana, Soames said that he saw his job as "to speak up for the Prince of Wales". He denied threatening Diana, and warning her, "accidents happen" in the months before she died.[5]

In 1972 he left Kensington Palace and the army to work as a stockbroker. In 1974, he became a personal assistant; first to Sir James Goldsmith and then in 1976 to United States Senator Mark Hatfield, whose employ he left in 1978 to become a director of Bland Welch, Lloyd's Brokers. Between 1979–81, he was an assistant director of the Sedgwick Group.[citation needed]" 

"Loan Improvement 
Jan 31, 2001 
SBA modernizes to help feed its growing programs 
BY PATRICIA DAUKANTAS | GCN STAFF Under a five-year plan for overhauling its information technology systems, the Small Business Administration recently acquired new software for financial and other administrative tasks.

By the time SBA celebrates its 50th anniversary in 2003, agency officials want all their programs up and running around the clock, chief financial officer Joseph Loddo said.

In the first phase of the modernization, the agency has upgraded systems for managing its extensive portfolio of guaranteed loans, chief operating officer Kristine Marcy said.

SBA processed its first electronic loan last November through its Sacramento, Calif., office and plans to add more private lenders during fiscal 2001.

The agency's staffing level has dropped 22 percent over the past eight years, which is another reason to improve IT, Marcy said. Over the past decade, SBA's portfolio of loans to small and disadvantaged businesses has more than doubled to $50 billion.

'We're a small agency with a huge portfolio,' Marcy said. SBA supplies more than half of the U.S. venture capital available each year.

Seventy percent to 80 percent of the loans are booked through a preferred lender program [structured by Serco], which involves nearly 7,000 banks, Marcy said. SBA guarantees the loans, just as the government backs student and housing loans.

'The financial and IT businesses were changing so rapidly, we had to make some changes to stay current with the private sector,' Marcy said. Banks had been asking SBA to make faster decisions on loan guarantees. The agency decided to aim for a turnaround time of one hour."

"10 U.S. Code § 5063 - United States Marine Corps: composition; functions 
Current through Pub. L. 114-38. (See Public Laws for the current Congress.)

US Code 

Notes prev | next (a) The Marine Corps, within the Department of the Navy, shall be so organized as to include not less than three combat divisions and three air wings, and such other land combat, aviation, and other services as may be organic therein. The Marine Corps shall be organized, trained, and equipped to provide fleet marine forces of combined arms, together with supporting air components, for service with the fleet in the seizure or defense of advanced naval bases and for the conduct of such land operations as may be essential to the prosecution of a naval campaign. In addition, the Marine Corps shall provide detachments and organizations for service on armed vessels of the Navy, shall provide security detachments for the protection of naval property at naval stations and bases, and shall perform such other duties as the President may direct. However, these additional duties may not detract from or interfere with the operations for which the Marine Corps is primarily organized.

(b) The Marine Corps shall develop, in coordination with the Army and the Air Force, those phases of amphibious operations that pertain to the tactics, technique, and equipment used by landing forces.

(c) The Marine Corps is responsible, in accordance with integrated joint mobilization plans, for the expansion of peacetime components of the Marine Corps to meet the needs of war.

(Aug. 10, 1956, ch. 1041, 70A Stat. 278, § 5013; renumbered § 5063, Pub. L. 99–433, title V, § 511(b)(3), Oct. 1, 1986, 100 Stat. 1043.)" 

"Serco Awarded $13 Million Marine Training Systems Support Contract 
Date: 28 Feb 2014 
Serco Inc., a provider of professional, technology, and management services, announced the award of a new contract to provide training support to the US Marine Corps (USMC). The Marine Air Ground Task Force (MAGTF) Training Systems Support contract has a one-year base period and one six-month option period valued at nearly $18 million, if the option is exercised.

Under this contract, Serco will support Combat Instructor School training, systems integrations and operations in a classroom and operations center environment in support of MAGTF Staff Training Program Division-sponsored and supported events. Serco will deliver collaborative tools and web development for garrison and tactical event environments. Training support will include warfighting skills and seminars, mission rehearsal exercises, C2 systems, and combat simulation. Serco expects to hire over 100 new employees to support this contract at 6 sites around the world.

"The Marines mission is critical to our national security and we are proud to support them on this effort," said Dan Allen, Serco Inc.'s Chairman and Chief Executive officer. "Serco is known around the world for the quality of our training programs. We look forward to putting our experience to work for the Marines and to support their vital training requirements."

Personnel and Readiness is a key capability within Serco's market offering. The company provides training and simulation to over 1,000 students a month at the US Army Maneuver Center of Excellence in Fort Benning, GA. At Fort Benning, Serco conducts and supports integrated and immersive tactical training exercises up to Brigade level using Live, Virtual, and Constructive Gaming (LVC-G) systems. Serco utilizes integrated exercise systems like Command Post of the Future (CPoF), Future Battle Command Brigade and Below (FBCB2), Army Battle Command Systems (ABCS) and Virtual Battlespace II (VBS2)."

"The September 11 Travel Operation The success of the September 11 plot depended on the ability of the hijackers to obtain visas [through Serco's National Visa Center set up by Field McConnell's sister Kristine 'Con Air' Marcy, the former Senior Counsel for the Detention and Deportation Program for the INS] and pass an immigration and customs inspection in order to enter the United States. It also depended on their ability to remain here undetected while they worked out the operational details of the attack. If they had failed on either count—entering and becoming embedded—the plot could not have been executed. Here we present the facts and circumstances of the hijackers' travel operation, including their 25 contacts with consular officers and their 43 contacts with immigration and customs authorities. We also discuss the 12 contacts with border authorities by other September 11 conspirators who applied for a visa. The narrative is chronological, retracing the hijackers' steps from their initial applications for U.S. visas, through their entry into the United States, to their applications for immigration benefits, and up through their acquisition of state identifications that helped them board the planes. Along the way, we note relevant actions by U.S. government authorities to combat terrorism. There were a few lucky breaks for U.S. border authorities in this story. Mostly, though, it is a story of how 19 hijackers easily penetrated U.S. border security." 

"Opened in 1994 as the successor to the Transitional Immigrant Visa Processing Center in Rosslyn, Va., the NVC centralizes all immigrant visa pre-processing and appointment scheduling for overseas posts. The NVC collects paperwork and fees before forwarding a case, ready for adjudication, to the responsible post.

The center also handles immigrant and fiancé visa petitions, and while it does not adjudicate visa applications, it provides technical assistance and support to visa-adjudicating consular officials overseas.

Only two Foreign Service officers, the director and deputy director, work at the center, along with just five Civil Service employees. They work with almost 500 contract employees doing preprocessing of visas, making the center one of the largest employers in the Portsmouth area.

The contractor, Serco, Inc., has worked with the NVC since its inception and with the Department for almost 18 years.

The NVC houses more than 2.6 million immigrant visa files, receives almost two million pieces of mail per year and received more than half a million petitions from the U.S. Citizenship and Immigration Service (USCIS) in 2011. Its file rooms' high-density shelves are stacked floor-to-ceiling with files, each a collection of someone’s hopes and dreams and each requiring proper handling. ….

The NVC also preprocesses the chief of mission (COM) application required for the filing of a petition for a Special Immigrant Visa (SIV). Such visas, for foreign nationals who have performed services for the U.S. government in Iraq and Afghanistan, require COM concurrence before the applicant can file a petition with USCIS. The NVC collects the requisite documents from such applicants and, when complete, forwards the package to the U.S. embassies in Baghdad or Kabul for COM approval" 

"SERCO: 'The biggest company you've never heard of'
JULY 7, 2013
BY 21WIRE
21st Century Wire says
As politicians asset-strip the public's portfolio of properties, infrastructure and services, one multinational corporation has grown as a result – and its scope and reach may shock many people who have not been paying attention.

All around the globe, our governments are busy outsourcing public-sector services like health, education, police, prisons, money delivery and military – to the esteemed private sector. It's sold to the public as a solution to avoiding higher taxes, while retaining better services. But it's simply an accountancy shell game, where the government kicks the can down the road by spreading the bill to the taxpayer over a longer period of time, in order to avoid any large upfront payments – all the while, allowing a private corporation to extend its influence over society. This, by definition, is fascism. They are called SERCO, and they run countries…

The Biggest Company You've Never Heard Of 

As well as thanking God for his success, CEO Chris Hyman is a Pentecostal Christian who has released a gospel album in America and fasts every Tuesday. Coincidentally he was in the World Trade Centre on 9/11 on the 47th floor addressing shareholders.

"SBIC 2001-10 A, CUSIP 831641 DE2 
Offering Circular $133,845,000 (Approximate) U.S. Small Business Administration Guaranteed 6.353% Debenture Participation Certificates, Series SBIC 2001-10 A Evidencing Fractional Undivided Interests in a Pool of 6.353% Debentures Due March 1, 2011 Issued by Small Business Investment Companies Distributions of interest payable March 10 and September 10, commencing September 10, 2001 …

Upon a determination by SBA to transfer an SBIC into liquidation status, jurisdiction over the SBIC is transferred to the Office of SBIC Liquidation whereupon the SBIC is considered in liquidation status. At this point, an acceleration letter is sent to the SBIC citing violations and defaults, making demand for payment of the accelerated obligations and advising the SBIC that it has been transferred to liquidation status. SBA will make a Guarantee Payment of the outstanding principal and accrued interest with respect to such SBIC Debenture to the next scheduled Payment Date on or before the next scheduled Distribution Date for such Payment Date.

The Certificates are exempt from the registration requirements of the Securities Act of 1933, so no registration statement has been filed with the Securities and Exchange Commission. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the Certificates or passed upon the accuracy or adequacy of this Offering Circular. Any representation to the contrary is a criminal offense.

JPMorgan Goldman, Sachs & Co. Credit Suisse First Boston [Serco shareholders] The date of this Offering Circular is March 14, 2001.

Management of SBA. The Administrator of SBA, its Deputy Administrator, its Chief Counsel for Advocacy, and its Inspector General are appointed by the President of the United States with the advice and consent of the Senate. The major small business assistance programs of SBA and the general administration of SBA are managed by officials appointed by the Administrator [In 2001, the Chief Operating Officer of the SBA was Field McConnell's sister Kristine Marcy]. The Presidential appointees together with the major program managers establish SBA policy with respect to operations under the Small Business Act and the Act and applicable regulations. Career personnel at various levels constitute the middle management of SBA and make the preponderance of program operations decisions in conformance with the applicable laws, regulations, and policies. Additionally, the Office of Management and Budget guides SBA's policies directly through the senior management officials and through circulars issued from time to time. The SBA Inspector General audits both the management of SBICs participating in the Program and administration of the Program within SBA." 

"14. How does SBA protect against fraud and other wrongdoing in the SBIC Program? Prior to receiving an SBIC license, the applicant must undergo a rigorous licensing process. Upon receiving a license, the SBIC is subject to an annual regulatory audit by the Office of SBIC Examinations. These audits are designed to ensure that SBICs are in compliance with the regulations or to uncover those instances when they have failed to do so. Potential fraud is often uncovered after an SBIC has been transferred to the Office of SBIC Liquidation. These cases are referred to the Office of the Inspector General for investigation and possible referral to the Assistant US Attorney for prosecution."

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 blow-out teams; now sponsors Grand Juries in CSI Crime and Safety Investigation

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