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City of Taft, a city council member was subject to censure by the council for removing documents from a city employees personnel file and revealing them to the press. Although the court ultimately determined that the particular documents were public records that could legally be disclosed, the court remanded the case to the council to allow it to decide whether the member should suffer censure for other reasons. These possible reasons included his unilateral decision regarding suitability for disclosure. 4 Other courts have articulated that public employees can have limited privacy rights in their personnel files. 5 Employees can thus argue that improper review and/or disclosure should result in personal liability for invasion of privacy. 6 Other officials, such as city managers, are charged with overseeing city employees. Fourth, council member actions with regard to individual employees may be considered suspect because other high level city officials are officially charged with supervising and/or overseeing individual employees. Most cities appoint city managers to provide overall supervision to a citys human resources function. Because a designated official already has this responsibility, there should be little need for city council members to become involved with individual employees. 7 Refrain from doing so, unless it is a part of ones obligations to the city. The most prudent course for a city council member is to refrain from taking action or otherwise becoming involved in any supervisory role, with respect to individual city employees.

University Courses Engineering

Thus, an emerging growth company can delay the adoptionof certain accounting standards until those standards would otherwise apply to private companies. We have elected to utilize thisextended transition period. Our financial statements may therefore not be comparable to those of companies that comply with suchnew or revised accounting standards as they become applicable to public companies. We cannot predict if investors will find ourcommon stock less attractive because we will rely on these exemptions. If some investors find our common stock less attractiveas a result, there may be a less active trading market for our common stock and our stock price may be more volatile. We could remain anemerging growth company for up to five years, or until the earliest of i the last day of the firstfiscal year in which our annual gross revenues exceed $1 billion, ii the date that we become a large acceleratedfiler as defined in Rule 12b 2 under the Exchange Act, which would occur if the market value of our common stockthat is held by non affiliates exceeds $700 million as of the last business day of our most recently completed second fiscal quarteror iii the date on which we have issued more than $1 billion in non convertible debt during the preceding three year period. We have not performedan evaluation of our internal control over financial reporting, such as required by Section 404 of the Sarbanes Oxley Act, norhave we engaged our independent registered public accounting firm to perform an audit of our internal control over financial reportingas of any balance sheet date or for any period reported in our financial statements. Had we performed such an evaluation or hadour independent registered public accounting firm performed an audit of our internal control over financial reporting, materialweaknesses, in addition to those discussed above, may have been identified. For so long as we qualify as an emerging growthcompany under the JOBS Act, which may be up to five years following this offering, we will not have to provide an auditorsattestation report on our internal controls in future annual reports on Form 10 K as otherwise required by Section 404b of theSarbanes Oxley Act. During the course of the evaluation, documentation or attestation, we or our independent registered publicaccounting firm may identify weaknesses and deficiencies that we may not otherwise identify in a timely manner or at all as aresult of the deferred implementation of this additional level of review. If we cannot obtain additional capitalrequired to finance our research and development efforts, our business may suffer and you may lose the value of your investment.

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Our politicians are scrambling to deal with a mess that they created all on their own a fiscal cliff that risks pushing the country into recession. And while a last minute "micro deal" is still possible, there will be little celebration, nor should there be. Whatever transpires in the next few days, look for politicians to point fingers at each other. By diverting your attention to those in the other party on Capitol Hill, their hope is, of course, to influence your assessment of who is to blame for taking the country so close to the edge. I argued in a prior post that the fiscal cliff is the result of a monumental Congressional political miscalculation back in the summer of 2011 one that a "game theorist" could have predicted based on an analytical assessment of the conditions under which politicians cooperate. Yesterday, Jon Horne, a PIMCO colleague, pointed me to a column by Nate Silver which takes the analysis an important step further. And Mr. Silver's findings are quite depressing. An anchor for Mr. Silver's analysis is the view that "one of the firmest conclusions of academic research into the behavior of Congress is that what motivates members first and foremost is winning elections. " By combining this with realities on the ground, his analysis makes a strong case for continued political polarization going forward.

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Even the U. S. corporate tax reform debate wont affect Wynn much, since the company pays a steep gaming tax in Macau and uses the large foreign tax credit to offset its U. S. tax burden, noted Mr. DeCree.