Published twelve times a year by the International Men’s Club of Zug IIIIIIIIII IIIIIIIIIIIIIIIIEditor • Andrew DeBoo • e-mail: [email protected] IMCZNEWS NOVEMBER 2008 IN THIS ISSUE FRONT PAGE PRESIDENTIAL DISPATCH • New Members • Presidential Dispatch IT'S RAINING MEN! • Editor's Subtext Hallelujah, it's raining men! • Future Events EVENT NEWS Now, having re-read that I'm already beginning to regret having • Grimselworld Excursion written it. First, because I'm REALLY hoping that you get the refer- ence to the 1982 disco hit by the Weather Girls. Then of course, • ZIWC Fondue Dinner because I'm showing my age in bringing it up. Not to mention that on the Zugersee it's a disco tune. But just the same - at the IMCZ, it's raining men. • Zug4You/IMCZ Etter Thursday, October 16th we held our second semi-annual New Distillery Visit Members Reception (NMR) at the Parkhotel. Some 42 members - • Theater at Chnuschper Hüsli both new and veteran - were in attendance. It was a great way to • ZIWC Booksale at Zugerland meet some of our many new members. We had 43 members • ZIWC/IMCZ TGIF attending, 15 of them new since April, with three joining at the • Rinspeed Visit event. • ZIWC Christmas Dinner The IMCZ now boasts 235 members. Since the previous NMR in Dance 2008 REMEMBER mid-April, 38 have joined. Since the beginning of the year, 20 more. • Galarena Christmas Show In the last 12 months we've had a total of 71 new members join HEALTH the IMCZ. All in all, we seem to be doing something right. • Enemy of the State #1: Many of those new mem- Aspartame! bers have come through CULTURE your referrals - thank you, • The Naked and The Dead, to attend the Stammtisch and keep up the good work. by Norman Mailer every Thursday evening Others have stumbled upon • Gossip, Glitter and our website and have been Glamor / Gershwin 18:00 – 20:00. convinced to join. Our newsletter makes a great • Kunsthaus Zug: calling card, we have IMCZ Richard Tuttle Join us at the flyers and business cards SCIENCE/TECHNOLOGY . being distributed now in Zug and people are slowly starting to • GPS Applications Park Hotel in Zug hear about us. Then of course, the Stammtisch also makes a great BUSINESS/FINANCE Through the bar in place for someone to drop by and meet a good percentage of our • Investor Sentiment - membership on any given Thursday. the Dining Room between Greed and Fear The IMCZ Stammtisch • Investment Corner ! For those of you who haven't dropped by on a Thursday evening SPORTS recently, you won't know that the Stammtisch has become a very • From the Lanes: On Strike popular event. Twenty members - what used to be a record - is now at the Cherry Bowl a slow night at the Stammtisch. Average attendance is now over 20, HUMOR with over 25 not unusual. Over 128 different members have attend- IMCZ ed since January - some 54% of the club! Our largest Stammtisch • Selections from Introducing…new members - the April NMR had 51 members in attendance. We've had over IMCZ Members THE IMCZ WELCOMES: 740 Stammtisch visits. I'm guessing that that probably means that BITS AND Abul Fazal originates from continued on page 2... • Fachstelle Migration - Singapore, and speaks English, Canton Zug Services Tamil, Hindi and Arabic. Abul works for Foreigners as a system analyst with Convergent Consulting in Zurich. He lists his future events • Member's Marketplace home address as being the same November 12: IMCZ/Zug4You Etter Distillery Visit • IMCZ Rates as his work address, but we home • Corporate Space this is either oversight or a very November 20 - January 4: Galarena Christmas Show convenient coincidence. Abul enjoys November 21: Chnuschper-Hüsli – Hilarious Swiss Dinner Theater • Adieu sports and outdoor activities. November 21-22: ZIWC Booksale at Zugerland November 28: ZIWC/IMCZ TGIF Colin Mason is British, and speaks English and French. Colin December 2: Rinspeed AG Visit works with Burger King Corporation December 2: Chuckles English Comedy Night Zug here in Zug as back office project December 6: ZIWC Christmas Dinner Dance 2008 lead for Europe, Middle East and December 8: Gossip, Glitter & Glamor Africa. A cultured sportsman, he December 9: Gershwin, etc. enjoys skiing, squash, hiking and January 24: Burns Night art. Colin lives in Walchwil. January 28: IMCZ AGM

continued page 5... IIIIIIIIII EVENT NEWS• over 700 liters of beer have been consumed, but then, there are some statistics even I can't track… Fall Back? “Look, Dave… you've probably got a lot to do. Editor's I suggest you leave it to me.” America Enters - HAL, in Stanley Clarke's “2001: A Space Odyssey“ Subtext A New Age In fact, it's not just statistics that I can't always track, Last weekend North Americans switched their clocks back to winter time, or because I DO have a lot to do. When IMCZ member Hal standard time, and could oversleep without worry they'd wake up behind Trufan recently asked if there was “something he and would need to plunge headlong into the day without time to think or that could do” for the IMCZ, I thought that his advanced stabilizing caffeine injection. “Spring ahead,” they say of what took place six IT skills might come in very handy indeed. months ago, the mnemonic device offered to help us remember in which When I joined the IMCZ in 2006, I did so - or attempted to direction to turn the dial, so now it's “Fall back.” do so - through the club website at www.IMCZ.com. After But this year “Fall back” seems to have an additional, almost symbolic mentioning that it was functioning “sub-optimally” and meaning, if we look around the world and consider the changes the year has that I could help as a software engineer, I promptly found brought economically and what stood in the balance in the General Election myself with weeks of work on my hands getting the web- in the United States. site into shape. With the initial development complete, The world is girding its loins for what could be a long economic winter, there's still a lot of behind-the-scenes activity required to arriving early and lasting beyond April. In response to a credit crisis that has keep the information up to date and the website running bristled through globally-intertwined economies, heads of state and national smoothly. There are also various improvements which banks moved swiftly to shore up their financial systems. we're considering implementing. The injection of capital into leading banks has been massive. The British gov- Thanks to Hal, who has very graciously offered to take on ernment has injected the equivalent of USD 35 billion into flagships RBS, the job as IMCZ Webmaster. And if HAL doesn't shut HBOS, Lloyds, and Barclays, while Germany will issue credit guarantees for down the crew's life-support systems, I won't yank out his inter-bank lending of up to €400 billion and set aside a €100 billion fund to memory banks… inject capital in financial institutions and acquire illiquid assets. France expects to guarantee up to €320 billion in inter-bank loans and provide €40 bil- Annual IMCZ / ZIWC Bowling Challenge lion in new capital for banks. Total European banking system support has Thanks also to Steven Butterworth, who has been approached USD 3 trillion (www.thebankwatch.com, 12 Oct 2008). diligently organizing the monthly IMCZ Bowling. We've On the other side of the Atlantic, the United States government's injection of been bowling now for nine months, with an average of 20 some USD 125 billion to nine leading banks was similarly large. Bank of bowlers a month, with 68 different IMCZ and ZIWC America, Citigroup, JPMorgan Chase and Wells Fargo each received USD 25 members trying their hand. When will we see you at billion, Goldman Sachs and Morgan Stanley each received USD 10 billion, and the lanes? the Bank of New York and State Street got USD 2 billion apiece. A further USD 125 billion will be spread throughout the system, with the US government, as On Monday, November 17th, it's again time for the its counterparts in numerous other countries, effectively taking stock while annual IMCZ/ZIWC bowling challenge. Come out and join trying to stabilize the system (Peter Cohan, The Cohan Letter, 14 Oct 2008). us at the lanes for the annual competition for the prized bowling cup (there is one!). The IMCZ has taken home the While these actions by national governments are a credit to their economic cup for the last several years. This year, as we have nine wherewithal and prudence, the effect on investor sentiment has not yet brought the desired stability. With encouragement that you proceed to read months of scores from the regular bowlers, we're going to IMCZ member John Smith's article in the following pages, markets around the add a handicap to the scoring to even the playing field world have been rocked with volatility. Major exchanges lost between 3.2% between the two clubs. (NASDAQ) and 9.6% (Nikkei) on 24 October 2008 (IHT, 25 Oct 2008), with The club will be organizing a pre-bowling apéro and prizes 3-month changes ranging to date between -26% and -45%. What will things will be awarded to the 1st, 2nd and 3rd best IMCZ and look like by Christmas? ZIWC bowlers. Hope to see you at the lanes! Not wanting to promote doomsday thinking, the Americans could go to the polls this week well rested after a breathtaking presidential campaign. Hope Thanks and caution had built to a climax. Thanks again to Hal for taking over the IMCZ Webmaster “Gird your loins,” remarked Joseph Biden, now Vice-President elect, to duties. Thanks once again to Steven for organizing the Democratic party supporters days before election, signalling the challenges the bowling. Thanks to Jack Sami for organizing a fantastic new president would face. The campaign end game played in high tension. trip to the Grimsel in October. Thanks to Joe Dow for organizing the summer hikes, Michael Dillhyon for the The issue of race remained part of it. Could American citizens elect a black president? Could they overcome, set aside residual prejudices and measure August Luau, John Stuart for the upcoming Burns Night Barack Obama against his opponent John McCain regarding potential to extravaganza, Gordon Mehrtens and Fabian Nicolussi for manage a nation in economic crisis, conducting two wars, and in dire need of their efforts in keeping the Club administration ticking better healthcare and education solutions? along smoothly. Thanks to Ron Sumners and Andrew DeBoo for their fantastic work on the IMCZ News. And of In Obama's own words of acceptance, “Change has come to America.” A record voter turnout swept him over the threshold, and with him the nation, course thanks to the membership for making the club united in a mandate to better their situation. Obama's margin of victory what it is. notwithstanding, his view of the challenge ahead is sober and humble, As we go forward and build the club, we could very much already preparing to enter office while he vows not to interfere with the out- use your help in the coming year. We can often use help going president. World leaders have offered congratulations; anticipation and organizing or staffing an event. Maybe you have the right expectations are high. contacts to an interesting speaker or club sponsor. If you The American national holiday dedicated to non-violent civil rights activist would like to find out how you might help, just drop me a Martin Luther King, Jr. falls in 2009 on 19 January, the day before the presi- line. My e-mail is always open at [email protected]. dential inauguration. American voters in 2008 have seized the opportunity to fulfil a measure of his vision of a more egalitarian society by considering the David LeBow, IMCZ President candidates and their running mates for the good of the nation - for moving it forward - and not reverting to worn out mindsets in casting their ballots. Andrew DeBoo, IMCZ Newsletter Editor

IMCZNEWS November 2008 2 EVENT NEWS•IMCZNEWS Grimselworld Excursion contributed by IMCZ Member Muthana Kubba Punctually at 7:45, bright and early on Sunday, October 12, a convoy into sold granite all the way under the Grimsel Lake. We were later told of three cars set out from the Zug railway station to Handegg (BE). that it is one of two parallel tunnels, the second being much smaller A glorious day: sunny, crisp autumn air and a comfortable ride. and used as a service tunnel through which all the cables and shafts Arriving at the Handeck Hotel slightly ahead of schedule, we donned run. As with all tunnels in the complex, it sloped upwards, explaining walking shoes and made our way to the famous Gelmerbahn. Leading why the bicycles were geared. The youngest member of our group (Benjamin) was luxuriously transported by the guide's car. At the end of the tunnel we entered a most impressive power station. The guide provided us with earphones so that we can hear her explanations better. These were excellent in their content and we could understand her despite the very high noise level. The station consists of Brown Boveri motor/generator units driving Francis turbines on one side and pumps on the pumps. When generating electricity, water is let down to drive the turbines, whereas when pumping they function as synchronous motors and drive the similarly built pumps to pump water up to the lake. We were told that the ener- gy efficiency of water storage (energy obtained back divided by the energy put in to pump the water is only 75%). Crystal Cavern The way back was easy; we simply drifted down the slope. About halfway we stopped to admire the crystal caverns. During the blasting of the tunnel, the workers came across veins of crystals deep to the power station from one side, is a most beautiful and fright- in the mountain. These were declared public property, and made open inspiring suspension bridge, spanning a huge gorge with waterfalls to the public. They are indeed stunning. The beautifully illuminated and huge boulders. The funicular train, built in 1925, is said to be the caverns are a site to behold. Crystals of all shapes and sizes decorate steepest in the world, with a gradient of 106% (corresponds to an the top and bottom of each cavern for well more than ten meters. angle of just over 45 degrees, although sitting in it, it felt more like 70 Some crystals exhibited outside could be touched and handled. degrees). If you care to join us on such a ride, just click: http://www.youtube.com/watch?v=Y7MwWXk7vfg. Inside the Dam We enjoyed the breathtaking panorama at the Gelmer Lake at 1840 Having returned the bikes, helmets and yellow jackets, we were meters above see level and took our time along a very steep and stony promptly issued with miners' helmets, and then walked a short path. It took us 2 _ hours to trek back to the hotel, during which distance to the entrance of the dam. Yes, many of us didn't know we gaped at magnificent scenery including glacier-flattened that such a concrete dam has a labyrinth of tunnels and steps inside. bedrocks and the varied flora We saw a number of measuring stations to detect changing with the altitude as we the slighted movement of the dam, so as to forestall descended to the hotel. any possible defects. Interestingly, we met another Refreshed and amply rewarded by a group of visitors inside the dam, who took it on good meal after the strenuous trek in themselves to 'jodel' before leaving. The reverbera- the morning, we had about an hour tions inside the labyrinth of caverns, tunnels and to spare before visiting the hydro- steps of the dam added a touch of Swissness to electric plant. So we drove to the whole trip. Descending a narrow and seemingly Grimsel Lake and stopped at the endless flight of poorly lit stairs, we almost thought Hospiz at 1911 m, admiring the that we might be spending the night stuck in the mountain peaks all around us, the complex, but blissfully our guide opened one of enormous dam retaining the water, several steel gates and we emerged to the bright and even saw the mark 23 metres light of day. above the current lake level, to which the dam will be raised to increase the storage volume lake by 75%. A very enjoyable and quite edu- The KWO (KraftWerke Oberhasli AG www.kwo.ch) is the company cational excursion. Many thanks responsible for building the proposed expansion. It also owns and runs to Jack Sami (pictured here) for the existing complex of turbines and pumps to generate electricity and all his organizational effort, and smooth out the peaks in demand. By careful management of the water the club for subsidizing it and in three lakes the group optimizes the energy generated and helps the making it possible. national grid meet all expected and unexpected electricity demand. Power Station Right on time at 14:30 a representative of the KWO met us at the entrance to the power station at Gerstenegg. Promptly each of us received a 7-gear bicycle, helmet and yellow jacket. We were led into a 2.5 km long tunnel. The tunnel was about 6 m in diameter, blasted

IMCZNEWS November 2008 3 EVENT NEWS•IMCZNEWS Zug4You / IMCZ Etter Distillery Visit Find out what real Etter Zuger Kirsch tastes like by going to the source! Gabriel Galliker-Etter will personally provide a guided tour in English of the distillery plant in Zug, a world that will captive your senses… Meet other expats, get an insight at how tradition and innovation are mixed and elevated to high taste: Etter Zuger Kirsch. Date: Wednesday, 12 November 2008 Time: 17.30 h Location: Distillerie Etter Soehne AG, Chollerstrasse 4, 6300 Zug; http://www.etter-kirsch.ch Cost: free of charge; it is advisable to bring your IMCZ badge to identify yourself as an IMCZ member. RSVP: [email protected] by Monday, 10 November 2008. IMCZ Partners are welcome! Following the guided tour which will Board Members take about 90 minutes, you will have the opportunity to visit the shop at the PRESIDENT headquarters of Etter. David LeBow 041 727 1986 [email protected]

VICE PRESIDENT Michael Dillhyon 041 727 1984 we can do the normal photography too, [email protected] not just the depraved, insane, nut-bar,

SECRETARY absurd stuff we thrive on. Gordon Mehrtens 079 408 2773 [email protected] sumnersgraphics.com TREASURER 041 535 61 22 Fabian Nicolussi 078 896 1745 happy thanksgiving. [email protected]

MEMBERSHIP Joseph Dow 078 907 8006 [email protected] Chnuschper-Hüsli NEWSLETTER Andrew DeBoo 041 760 1180 [email protected] in the woods am Albis Join us for a hilarious dinner theater experience at the Chnuschper-Hüsli (Gingerbread House) in the woods BOARD MEMBER am Albis. Learn about Swiss traditional fairy tales and enchanted landscapes. The theatrical performances take John Stuart place during dinner; there is a very funny Italian cleaning lady that often complains and quarrels with her helpers 079 215 6871 in between the meal courses. [email protected] Dialogue is in German; however, the acting is so hysterical, you don't have to understand word for word what INTERNET/WEB is being said. Body Language speaks louder than words. We assure you will enjoy yourself very much in these David LeBow wonderful surroundings. All ZIWC, IMCZ and partners are welcome. 041 727 1986 Date: Friday, November 21, 2008 [email protected] Time: Short Hike 18:00 & Apéro by the fireplace 18:30 (optional) WEBMASTER Dinner starts 19:30 (must arrive by this time) • Performance starts at 19:45 Hal Trufan [email protected] Location: Restaurant Chnuschper-Hüsli, 8143 Buchenegg • www.chnuschper-huesli.ch.

Board Member bios are Cost: 70 CHF per person - set menu & drinks are extra (paid individually) posted under the following link: Normal ZIWC cancellation policy applies. http://www.imcz.com/Board.asp. Complete menu & more details on the Club website, www.ziwc.ch Go ahead and check them out! Contact: Gerie Servi @ [email protected] by November 17 if you would like to attend.

IMCZNEWS November 2008 4

EVENT NEWS•IMCZNEWS ZIWC Book Sale ZIWC at Zugerland IMCZ TGIF Shopping Center THANK GOD IT'S FRIDAY! The Library Committee will have a book sale in the Zugerland Shopping Center SHIPS OF in Steinhausen again. We will sell the books donated by our members and the public in the shopping DECADENCE center next to the supermarket. Proceeds will be used to buy new (The gentlemen whistle and clap.) English Books for the Library in Zug. (http://www.bibliothekenzug.ch). After a long week, let's all get together Volunteers needed for setting up and to have some fun! All ZIWC and IMCZ breaking down our stand and for selling Members are welcome! the books. For the first part, we need strong volunteers, preferably with a car. Join us for a wickedly delicious For the second part, we need volunteers for two hour shifts. There will be no evening on the Ships of Decadence heavy carrying - only handing over - Whiskey, Cigars, Chocolate, books and collecting money. Champagne and more. We will sell books from opening until closing of the shopping center (Friday (This is something for which they certainly 9.00 - 21.00 and Saturday 8.00 - 17.00). have a feel. Here they can sway without being Please let us know if you can help us or tipsy, since the boat is rocking anyway.) if you want to donate books. Twelve ships are moored at Date: November 21st and 22nd 2008 the Zurich lakeside filled with Time: Friday 9.00 - 21.00 and tempting delights. Saturday 8.00 - 17.00 Location: Zugerland Shopping Center, Steinhausen (They're thrilled. Plenty to sample, and that word 'tempting' is, well...) Contact: Library Committee - Annemarie Bos: Tel. 041 750 84 05 or e-mail [email protected] We simply go from one ship to another indulging in all that is offered! Rene Zanini comes from Switzerland and (Cheers are drowned out by men storming the demonstrates typical polyglot capability with German, French, English and basic Italian. gangplank, eager to indulge …) Rene is procurement manager with Emerson Date: Friday, November 28, 2008, Process Management in Baar. He and his wife IMCZ Gabriela have three children and live in Time: 19:00 Introducing…new members Mereschwand. Rene enjoys sports and politics. Place: Zurich Lake THE IMCZ WELCOMES: Timothy Crowch bears both Swiss and Public Transportation - from Zug to Dominic Morgan is also British, and a British nationality and the rank of captain. Zurich HB return with half-tax CHF 13.80 speaker of English. Dominic is a European He speaks English French and German. senior tax manager with Emerson Process Timothy is quite the athletic sportsman, plus tram fare CHF 2.60. We highly Management in Baar. His interests include taking in sailing, flying, tennis, jogging suggest taking the train to Zurich HB and climbing. He is president of Advanced football, rugby, and he is also currently a System Safety Management (ASSM) GmbH and the tram to the lake. member of the Round Table Zug. in Oberägeri, in which town he also resides. Dominic resides in Zug. http://www.whiskyship.ch Udo Meise is of German origin, and Paul Wareham is British as well, and besides his native German also speaks Cost: Entrance to all ships at a special offer likewise a committed English speaker. English and French. Udo is employed with of 5 CHF to ZIWC and IMCZ members. Paul is chief financial officer with Access Swiss IT Services in Fuesisberg, and he Tasting Tickets CHF 1.00 per ticket, Health Care in Steinhausen. Paul and his and his partner Heidrun Zimprich live with partner Susan also live in Steinhausen. children Dominik, Patrick and Alexander minimum purchase of CHF 20.- Among his interests Paul includes motor in Sins. Udo's interests include TOTAL COST CHF 41.40 racing, golf and skiing. mountainbiking, diving and reading. RSVP: Gerie Servi at [email protected] by November 24 if you would like to stop by. (You can put a man out on the water…).

IMCZNEWS November 2008 5 EVENT NEWS•IMCZNEWS Rinspeed Visit Galarena More Than Christmas Show Special Ticket Offer for IMCZ Members Courtesy of UBS Zug Fantasy 20% discount on tickets for all shows, dates and categories. Support for the arts has always been an important part of Cars the UBS corporate philosophy. As a cooperating partner of the spectacular Galarena Christmas Show, UBS is offering You thought this was just for James Bond? Think again. Better yet, IMCZ members an opportunity to visit this amazing event at go to Rinspeed AG in Zumikon and get a closer look! This is an early Christmas present. A guided tour will be offered in English, and you exceptional conditions. can participate. Date: 20th November 2008 to 4th January 2009 Date: Tuesday, 2 December 2008 Time: Evening shows begin at Time: 19:00 - 21:00 19.30 h, matinees at 13.30 h Location: Rinspeed AG, Zumikon Location: Risch-Rotkreuz Directions from Zug: Cost: see below Zug S9 17.38 p.m. Zürich Stadelhofen 18.30 p.m. RSVP: see below Zürich Stadelhofen S18 18.35 p.m.* Waltikon 18.50 p.m. For evening shows from Wednesdays through Sundays, the ticket price *The track for the S18 (Forchbahn) is outside of the Stadelhofen station. includes an exclusive four-course gala Costs: CHF 10.- per person. dinner which leaves nothing more to be desired. Mario Niederer, President of IMCZ must inform of the number of participants by 30 November 2008. the Galarena organizing committee, is convinced: “Galarena Please register at [email protected]. will set a new benchmark for entertainment in Switzerland.” The imposing pyramid tent alone - nearly 30 meters in height - is an impressive sight.You can look forward to a fascinating show presented by world-class artists. ZIWC Christmas Discounted Tickets (20% Discount) for IMCZ Members and Guests - Offered by UBS: UBS is offering IMCZ members and guests a 20% discount for Dinner Dance 2008 all tickets and categories for all performances of GALARENA - the Fantastic Christmas Show: It's Christmas - let's celebrate in style! Wed. - Sun. Evening Showings (incl. 4-course Gala Dinner) The board of the ZIWC kindly invites you to our annual Christmas Category Regular Price IMCZ - Price Dinner Dance. Twirl the evening away to music by the highly Cat. 1 or Box Seats CHF 230.- CHF 184.- acclaimed “Blue in Green” (www.blueingreen.ch). Cat. 2 CHF 215.- CHF 172.- All ZIWC and IMCZ members and their partners are invited to attend. Cat. 3 CHF 195.- CHF 156.- Guests are also welcome, but will be charged a supplement as this is a subsidized event. Normal ZIWC cancellation policy applies. Mo., Tue. Evening Shows (without Gala Dinner) Category Regular Price IMCZ - Price The price depends on your choice of menu, but includes a prosecco Cat. 1 or Box Seats CHF 75.- CHF 60.- aperitif, live band, water and coffee. Wine of your choice may be Cat. 2 or 3 CHF 55.- CHF 44.- purchased separately at the table. Sat., Sunday Matinee Shows (without Gala Dinner) The ZIWC board is looking forward to an unforgettable evening of fun, Category Regular Price IMCZ - Price laughter, dining and dancing in one of Zug's most elegant of settings! Cat. 1 or Box Seats CHF 65.- CHF 52.- Cat. 2 or 3 CHF 45.- CHF 36.- Date: Saturday, December 6, 2008 Time: Cocktails at 18.30 h, dinner at 19.30 h. Evening shows begin

Location: Restaurant Waldheim in Risch; www.waldheim.ch IMPORTANT: Menu: Meat, fish or vegetarian These special IMCZ tickets from UBS can only be ordered as follows: Cost: Meat or Fish Menu CHF 110.- ; • By telephone to the organizer at: 041 - 740 09 09 vegetarian option CHF90.-; • Via Internet at: www.galarena.ch/ubs guests or non-members add CHF 30.- Payment deadline: December 1st. Note: this special UBS discount cannot be ordered via TicketCorner or UBS! Dress code: Meat, fish or vegetarian Whether ordering by phone or online, you will need to RSVP: Places are limited, so please reserve early by mailing provide your personal ticket code. This code is: ubs1478gala Linda Staeger at [email protected] or by calling Linda on 078 739 0540 to secure your place by November 15th. For all there is to know about You will then receive details of the menus to choose GALARENA online: www.galarena.ch from with an official invitation in the post.

IMCZNEWS November 2008 6 HEALTH• IMCZNEWS Enemy of the State #1 -- Aspartame! Contributed by IMCZ member Remo P. Jutzeler van Wijlen, Head R&D Sponser Sports Food Ing. Appl Food Sciences, MAS Nutrition & Health ETHZ

Have you ever googled aspartame in the naturally possesses more phenylalanine web? May be you read some disturbing sto- than can be added by the use of aspartame as substance has been tested, scrutinized and ries about head aches, hyperactivity, insulin a sweetener. Therefore, the intake of methanol repeatedly examined as much as aspartame. level irregularity, cancer, leukaemia, or worse, and phenylalanine through aspartame-con- This is valid not just for food additives, but caused by the consumption of aspartame? taining food and drink is not just marginal but also for traditional foods. You may recall Well, I wonder how long we have to wait until completely insignificant. health concerns of recent years about we happen to read that aspartame also caus- acrylamide in coffee or potato chips, or A third proviso is the so-called racemization es infertility, radiation sickness, genetic defor- mycotoxins in cereals. mation, traffic jams, and acid rain. (transformation of molecules into a mirror- image configuration; imagine your right and Aspartame is processed in our bodies just as Aspartame is widely used for low-calorie left hand) which can happen with heating for any food providing aspartic acid and pheny- sweetening of food and drinks. Existing several hours. First, this is an unrealistic sce- lalanine, no matter of what origin. Truly, the health concerns come from non-governmen- nario for virtually any foods. Second, racem- most health-conscious methods of nourish- tal lobby groups. Current use levels of aspar- ization occurs at a far more rapid rate when ment would skip all sweetener use. But it is tame, even in high users in special sub- heating chicken meat. Finally, there are aller- too easy a solution to recommend people to groups, remain well below the established gies to almost anything containing proteins. abstain from sweet tastes at all. After all, acceptable daily intake levels of 40 mg/kg To date, allergic reactions could neither be appreciation of sweet tastes is innate in most body weight. This means 2600 mg/day for a proven nor excluded in the case of aspar- mammals, in contrast to salty tastes (this may 65 kg person! Or expressed as consumer tame, but compared to very common aller- be another issue for this column). Changing units: 14 cans of diet coke (355 ml) or 4.97 gens like wheat, eggs, strawberries, crus- attitude is the most difficult task there is in liters! Skål and Prost! taceans and others, this argument appears nutrition! If one doesn't provide sensible, inappropriate at best. Let's first have a closer look at the provisos comfortable alternatives then compliance against aspartame. Mostly these concern Interestingly, in agreement with the US health with recommendations will probably fail. degradation reactions and the resulting by- authority FDA, it can be stated that hardly any products. First, the formation of methanol, an alcohol, known to be toxic to the brain. Second, there is phenylalanine, an amino acid formed when digesting aspartame, and I pre- sume everyone knows the notorious caution notice for phenylketonuria sufferers on aspar- CULTURE• tame-sweetened products. But - and this is a very big but - one can of diet Coke produces about 20 mg of methanol whereas the same amount of a fruit juice produces 40 mg and an Kunsthaus Zug: alcoholic beverage already 60-100 mg of methanol. The same is true for phenylalanine: Richard Tuttle – The Use of Time The Kunsthaus Zug announces an exhibition, “Richard Tuttle – The Use of Time”: Date: 14 September - 23 November, 2008 Time: Tuesday-Friday 12.00 to 18.00 h, Saturday/Sunday 10.00 to 17.00 h Location: Dorfstrasse 27, 6301 Zug Cost: CHF 10 / CHF 8 reduced Nearly ten years after the conclusion of an exceptional joint project and after a successful retrospective presented in six major American Museums, the American artist Richard Tuttle returns to the Kunsthaus Zug with the exhibition “The Use of Time”. Between 1996 and 1999, for an impressive exhibition series at Kunsthaus Zug, he produced four striking and very different works: Replace the Abstract Picture Plane I – IV. Richard Tuttle has combined them with new works: a monumental, three-dimensional work 330 ml of an aspartame-sweetened drink will of metal and polyester as well as a stupendous group of cloth pieces which constitute form about 100 mg phenylalanine, but one Replace the Abstract Picture Plane V. Tuttle highlights the exhibition with a concentrated egg already delivers 300 mg, one glass of milk selection of works by Fritz Wotruba from the Kamm collection which serve as references to 500 mg, and a hamburger 900 mg. the permanently installed sculptural works by both artists on the grounds of the museum. Consequently, to warn people with phenylke- The exhibition directly reflects the model-like character of “Project: Collection” with which tonuria about phenylalanine only makes sense the Kunsthaus Zug ventures onto new curatorial terrain in close cooperation with artists of for protein-free products like diet Coke, but as international acclaim. It critically examines the fast pace of today’s art scene and raises a matter of fact, any protein-containing product questions about the use of time.

IMCZNEWS November 2008 7 CULTURE• IMCZNEWS

and make sweat flow copiously. The jungle able they know themselves to be, how is thick, dark, full of sound; so effulgent they much more important it is that they as live The Naked can almost hear it growing, surging back as resources be combined with other material soon they hack their way with every step to along calculated vectors to effect a particu- and The Dead; even have space to move forward. Insects lar result. This is true of the men no matter swarm and birds and monkeys call and their rank. Whether an enlisted man like Red chatter. The jungle is a live being that can- Valsen, a director of operations such as by Norman Mailer not be subdued. The men must find a way Major Dalleson, or General Cummings to accomplish their himself, they are clearly in the grip and by IMCZ News Editor Andrew DeBoo missions despite its machinations of something much larger hindrances. The moun- then they are, which grinds massively on The Reading Circle debated Norman tains are similarly their sense of self-worth. Mailer's modern classic The Naked treacherous. Steep and Much of the book's substance is formed by and The Dead on 16 October in rugged, they daunt the men's constantly alternating bath of the Dachraum at the Stadt- and inexperienced climbers emotions: they are apprehensive one Kantonsbibliothek in Zug. Mailer was heavily laden with large moment, terrified the next, bored, angry, 25 when the book was released in packs. 1948 to critical acclaim, just a few reflective, depressed, sorrowful, shamed, years after he returned from service in Descriptions of these guilt-ridden, and on rare occurrences the Pacific Theater. aspects develop the relaxed, in reverie or even happy. reader's sense for the Despite the emotional richness of the novel, The Naked and The Dead is a heroic enormous, exhaustive it starkly relates the soldiers' isolation from effort, for the author himself and for effort that must be each other. They learn quickly that emotion- readers, who slog through following expended if there is al attachments to other men under these an American World War II campaign to be any chance of stark circumstances of vulnerability can to eradicate the Japanese occupying forces getting to the enemy and defeating him. on the fictional island of Anopopei. take them beyond the brink of what they Combat sequences are relatively few. can bear. The urgency to survive each The sheer size of the novel impresses upon In some cases they are preceded by a moment is exhausting, the threat of annihi- the reader the nature of a military undertaking. deliberate approach toward a clearly-estab- lation enormous, and friendship is thus a Historically reflective of American strategy lished enemy location, in which case there minefield to be skirted. Red is mentally pur- and procedure in the Pacific Theater, may be regularly scheduled or continuous sued by Hennessey's death on the first day General Cummings' division, depleted by shelling with artillery, providing steady of the invasion, hearkening back to the con- half due to the large number of soldiers left background thunder as the troops assume versation they shared during the nighttime behind on the island of Motome, where the their positions, mortars screaming through voyage on the deck of the landing ship. The men saw particularly heavy combat, arrives the air as they approach from enemy lines, relationship between General Cummings on the northern tip of a peninsula which the men diving for cover and burrowing like and Lieutenant Hearn is delicate - perhaps Anopopei extends into the ocean. frightened animals to escape a slaughter by too much so. Hearn as the General's aide is The task is clear: the island is occupied by shrapnel. Or in other instances groups from considerably below him in rank, but intellec- Japanese, who must be eradicated. Dense the opposing armies blunder into one tually very nearly his equal, something of jungle surrounds the island, and encroaches another, or there is an ambush, during which the General in all the mass of men the slopes of a range of mountains which which for several unbearable minutes bul- has great need, and for a time the two have forms a backbone along the island's great- lets tear through the landscape seemingly long conversations late into the night. In est length. The enemy has settled in; from everywhere, making the notion of sharp contrast to the other soldiers in this extracting the opposing forces from the escape a terrifying impossibility. The sol- forced community of men, Cummings jungle will be difficult and could prove cost- diers cling to the hope that the bullet with seems abstemious in his manners and use ly in casualties. Mailer describes this effort their name on it is not yet on its way. of language, shunning vulgarity and profan- in considerable detail, the mobilization of a ity, the raunchy sexual and crassly sexist, force of some 6000 men that provides a Talk of heroism recurs among the men; even misogynistic palaver. It is hinted that clear look at the concrete thought that must mostly this belies their understanding of the General has needs, but when he makes be given to every action and procedure. how they are bolted into the magnitude of revelations to Hearn about the state of his Even a small group of soldiers needs satis- the army's operations, how easily replace- marriage a divide is crossed which stands factory equipment and supplies to execute a mission that is not complex. The set-up of a bivouac, so that all the men will have places to sleep, eat, bathe or use the rest- Musical Trilogy at the Burgbach room, carry out office work and planning, PARACHUTE PRODUCTIONS, supported by long-time IMCZ member Hanns Zöllner, store materials and so forth; all these things continues its series of English language musical entertainment. This undertaking are necessary on Anopopei. The division follows last year's successful cabaret show “Greenlight.” must carve its mark, hew its way into the swarming, thrashing jungle. Fighting the enemy is only one activity of many, even What: GOSSIP- GLITTER & GLAMOR - a cabaret style musical evening starring if the threat of combat is omnipresent. Kate Michaels and David Morell as previously successfully performed at An army in foreign territory must provide for the Zurich festival Warmer Mai. David Smith is accompanying on the piano. itself, and the effort expended to do this is When: Monday, December 8, 2008; 20:00 h well described. The landscape and the weather feature as What: GERSHWIN, etc - acclaimed opera singer Michelle Berger and Tom Barthel, virtual characters. They are unyielding, music director at the Zurich Opera Studio on the piano present an evening brutal, vast and unpredictable. It can rain of Gershwin music. for days without stop, so that the men When: Tuesday, December 9, 2008; 20:00 h cannot remember being dry and sleep is either hardly possible or no relief from wet- Where: BURGBACHKELLER THEATER ZUG, SANKT- OSWALDS-GASSE 3; 041 711 96 30 ness. Wind tears apart their tents, even that of the General. The sun punishes them like Tickets: www.billett-service.ch and [email protected] a lash; heat and humidity surround them Cost: CHF 38 per event.

IMCZNEWS November 2008 8 CULTURE• IMCZNEWS to threaten his position of authority vis-à-vis his aide, so Hearn must be removed from his circle of contact, Corporate HRM Services and Solutions thus being reassigned - so deftly, easily - to a recon- naissance troop. Here Hearn attempts to take command of the group of soldiers who comprise Mailer's protagonist, A Good Start in Zug = whose woes and travails are followed most closely. The troop is sent on unsupported scouting missions, so their work is at once extremely dangerous and Performing Well on the Job! also potentially crucial for the success of the cam- paign. Mailer's deployment of a time machine serves From time to time, your company needs to transfer management staff from to provide glimpses of the lives of many of these headquarters or from one of your subsidiaries to your offices in the Canton characters before they became soldiers. Some of of Zug. them, it seems, turned to the army as a way to Naturally, you would like to make your transferees feel as welcome as escape frustration, poverty or dissoluteness. possible and to ensure that they and their families adapt quickly to their None of them reckoned with what they found there. new environment. In addition to arranging suitable housing for your new staff, you want to Hearn does not succeed in wresting control of the make sure that their wife and children are well taken care of with regards to platoon from Croft, who had led it on his own till the local infrastructure, schooling, transportation, shopping and social life. then. Their mission to find a backdoor route to the Japanese lines is daunted by treacherous landscape, Only once these issues are well considered and their needs fulfilled will and they are ambushed when they near a critical you be assured that the transferred staff is happy - and therefore working efficiently for the benefit of your company passage. A stretcher-bearing detail is sent to carry Wilson, shot through the belly, back to the beach Therefore it is important that somebody welcomes, accompanies and while the remainder forges ahead. Croft, in his cun- coaches your new foreign staff and their family to ensure that the integration ning obsession with completing the mission, manip- proceeds smoothly and efficiently. ulates Martinez's scouting report so that the troops That's the time to make contact with my office. I have over five years of advance into enemy fire with Hearn at the lead, and experience working and living in European and overseas countries and he is killed. therefore know what it means to live and start work in completely new surroundings. Croft reassumes control, but to little avail. Driving the men up the side of a mountain, he literally steps in a My 30 years in the Canton of Zug have given me an excellent inside view hornet's which sends them chasing back down. The and considerable important connections, including the local government litter bearers Goldstein and Ridges lug Wilson back offices, real estate agencies, law firms and with tax authorities. These con- towards the beach, but he dies before they arrive, nections will be of invaluable assistance to your transferred management and then they lose his body in a river crossing. The staff, particularly in connection with housing and with personal integration rest of the division's attack on the Japanese front in the Zug and Swiss cultural and social environment. lines occurs almost accidentally, on a day when the Make an initial appointment with me so that we can discuss how my General has left the island to go discuss matters of state-of-the-art service can give your transferred staff a happy, optimal and support. The Japanese forces are so weakened that motivated beginning. there is nothing left for the Americans to do but mop up, which they do in a shocking imbalance of casu- Fritz Neuenschwander alties. Cummings, stricken during the campaign with doubts of his longevity as commander should he fail Corporate HRM Services and Solutions to produce a victory, is forced to confront the Herrenmattstrasse 7, 6330 Cham notion that his contribution to what evolved into a Phone 041 711 78 21, Mobile 079 823 63 37 landslide takeover from a severely weakened enemy was negligible. There are scores, hundreds, of enemy dead. In occasionally finding corpses the men have stolen from them - if one can indeed steal from the dead. Martinez smashes a Japanese corpse's face to remove its gold teeth, and is haunted by guilt afterwards. In the raw, harsh jun- gle and mountains, exposed to constant threat of death, mental- ly and emotionally battered and exhausted, but without any recourse to a sense of bonding Global Business: Local Network among their co-militants, Mailer portrays his character in true and Expand your network, look for a job, showcase your utter nakedness. For further information on the talents, get information, advertise your business, Reading Circle please contact connect person-to-person and business-to-business. Andrew DeBoo. The group's next text will be Anne Enright's The Gathering, the Man ZIBF: Networking the international community. Booker Prize Winner in 2007, to In Zug - In English. be debated on Thursday, 20 November 2008 at 19.30 h at the Stadt- und Kantonsbibliothek Visit www.zibf.biz for details. Zug. All IMCZ members receive a 10% discount when registering.

IMCZNEWS November 2008 9 BUSINESS/FINANCE •IMCZ Investor Sentiment - between Greed and Fear by IMCZ Member John Henry Smith How efficient is the Stock Market? This is not the only hurdle investors face in If the above graph is in any way accurate, their search for good guidance, on which how can the equities market be considered to base their strategies; no, not by far! efficient, since over-reactions, at the extremes When we can't make head or tail of the of which are market bubbles and crashes, market's behavior, it's nice to take the would never occur? The theories of an efficient advice of market experts. Or is it? In a market requires that any over- or undershoot- study, www.cxoadvisory.com assessed ing of prices would rapidly stabilize to a new the top 50 U.S. market soothsayers, the price equilibrium based on changed future findings of which are summarized below: expectations of return that new announce- firms, which have the ments cause, instead of stock prices being in a affect of fuelling prices, constant state of disequilibrium as argued by even though such George Soros1. Theoretically, in such a market, projections are certainly price trends would be less volatile since invest- uncertain. Investors ment decisions would be based on the purely assume that earnings rational incentives postulated by academia2, Only 16 of these experts were in the 52% to drive stock prices, whereby the most potent instead of the amoral dynamics of the free mar- 68% range, with only 3 having been 50% force is earnings surprises, which is another ket that search for 'abnormal 'opportunities. accurate, while the other 31 experts were in way of saying that the market analysts got it the range of 49% to 15%. Most notable were wrong again! Here is the result of an analysis A stock's present price is a reflection of the SP Outlook of Business Week with 49% and of 50 corporate earnings results for the 2nd market's expectations of future capital values; Jim Cramer of CNBC fame with a rating of quarter of 2008. values that in essence are uncertain but have 46%. The average probability of 47.8% 'to some degree of probability. However, as invest or not to invest' is of no help to the waves of news flood the marketplace, the ordinary investor, since he can do just as best-efforts rationality of market players is well himself. The question is that if these expressed in shades of either fear or greed, 'gurus' are not consistently right, how reli- causing prices to be in a constant state of dis- able are our own financial advisors? equilibrium. Irrespective of whether certainty With only 10% of analyst earnings forecasts or uncertainty grip investor sentiment, prices accurate and 90% inaccurate, investors' Yet another worrisome phenomenon of the 'walk randomly' in the direction of the domi- confidence in the quality of the research market is the validity of the buy, hold and nant emotion until appositional forces swing being performed must be poor. All the more sell recommendations issued by research prices into a new direction. so, when one looks at the extent of the inac- firms, as the following table on Apple, Inc. curacies. For example, Peabody Energy The Fuels of Disequilibrium (AAPL) shows: (BTU) earnings were expected to be 56 The plethora of announcements and fore- cents, but the compa- casts about the economy and corporate ny reported 89 cents, performance is the very fuel that drives the exceeding consensus stock market and from which prices are expectations by +33 derived. Of the two sources, the former, cent or 59%. Terex being principally factual in nature, is signif- Corp's (TEX) expected icantly more reliable than the latter source, earnings were $2.01, notwithstanding that ordinary news, back- but they reported ward looking as it is, may also be peppered $2.32, a surprise of +31 with ambiguities and other anomalies. cents or 15% and on However in direct contrast, forecasting the other side of the faces a veritable mine field in its attempts buck, Martin Marietta to provide useful information on future eco- Material's (MLM) earn- Source: finance.yahoo.com/q/ao?s=AAPL nomic direction. Consequently, the track ings surprise was that it missed forecasted record of accuracy is very poor even if they are According to the Yahoo's website these estimates by 47 cents or 25%! Instead of issued by neutral and respected sources, such recommendations still remain in place at the announcing $1.86 it reported only $1.39! as the U.S. government. These inherent diffi- time of writing and as of today are perhaps culties are shown in the range of variances of valid, perhaps! But for the trusting investors, The Rebirth of the Financial Phoenix key economic factors for September 2008: who bought the stock at the time these As the market moves from one discrete piece recommendations of information to another, with the massive were made and still flow of failed, ambiguous, contradictory and hold the stock, such bogus information entering the market, is it heavy losses must be any wonder that in times like these the mar- very sour to bear! ket has become more volatile in its search for And it must be said direction; that investors are at a loss at what that this is no isolated to do with their funds, suffering from the con- example, so investors sequences of the mortgaged-back securities beware! fiasco, toppling financial institutions and the In a vibrant economy, imprecision of market analysts? earnings estimates are continually being How else can the recent gyrations of the updated by corpora- SP500 over the last twelve days be tions and research explained? ce: moneycentral.msn.com/calendar/econ/2008-9 Sour

IMCZNEWS November 2008 10 BUSINESS/FINANCE •IMCZ Investment Corner by IMCZ Member John Henry Smith As there are several categories of investment styles, each month a stock will be analysed by a different category, i.e. Momentum Investor, Value Investor, etc.

Intentionally or otherwise, lack of clarity creates uncer- tainty and uncertainty greater volatility, a volatility that traders exploit in the swings from greed to fear and back again, wiping away trillions of dollars and draining the market of its most important participants; the investors. While a free capital market is the foundation of our economic growth and wealth, the imprecision of the Almost Family, Inc. (Almost Family), along with its subsidiaries, is a provider of home prevailing system and the abuses of Wall Street should health services. The Company has service locations in Florida, Kentucky, Ohio, not undermine the well-being of the global economy. Connecticut, Massachusetts, Alabama, Indiana, Illinois and Missouri. The Company Ronald Reagan's and Maggie Thatcher's ideology of has two segments: Visiting Nurse (VN) and Personal Care (PC). The Company's VN market fundamentalism and non-regulation has segment, which it operates primarily under the trade names Caretenders and produced extreme greed of the most destructive kind, Mederi-Caretenders, provides a range of Medicare-certified home health nursing bringing financial systems perilously close to the brink of services to patients in need of recuperative care. Its PC segment, which it operates a dark and deep abyss. And just as the stock market will under the trade name Almost Family, provides services in patients' homes on create a selling climate out of despair, from which a new an as-needed, hourly, or live-in basis. On October 26, 2007 it acquired the assets of phoenix will arise from the ashes in the form of a key all the Medicare-certified home health agencies owned and operated by Quality of reversal, so too do world leaders learn and acknowledge Life Holdings, Inc. In August 2008, the Company completed the acquisition of that the prevailing financial system needs to be over- Patient Care, Inc. hauled in the best interests of global economic stability. In this context I feel that George Soros3 was visionary when he wrote in 2002:

“Market fundamentalism promotes the free movement of capital and entrepreneurship by the removal of regula- tion. This misapprehends the way financial markets work. It assumes that markets tend towards equilibrium and that equilibrium assumes the optimal allocation of resources. By equating private interests with public interest, market fundamentalism endows the pursuit of self-interest with a moral purpose.”

Let us hope that whatever evolves from all this the pur- suit of profits are frameworked by ethical, professional, and social principles to keep our financial markets stable in the best interests of prosperity for everyone.

1A billionaire investor, George Soros's writings focus on the concept of reflexivity, whereby the biases of individ- uals enter into market transactions, potentially changing the fundamentals of the economy and who has popular- ized the concept of disequilibrium.

2Such examples as the Discounted Cash Flow (DFC) of Dividend Streams or Earnings; the Capital Asset Pricing Model (CAPM); the Price to Earnings ratio (P/E).

3George Soros: “Why the Markets can't fix themselves” www.geocities.com/ecocorner/intelarea/gs21.html.

DISCLAIMER: The above financial data is for informational purposes only, and is explicitly not a recommendation made by IMCZ, which cannot be held liable for its accuracy and that any purchase and/or sale of securities in whatever form based on this information is entirely at the reader's own risk.

IMCZNEWS November 2008 11 SCIENCE/TECHNOLOGY•

contributed by IMCZ Member GPS Applications Muthana Kubba

We have all heard about the GPS and may The reason for the success of the GPS The days of the very expensive ILS even own more than one by now. We find system and the key to understanding how it (Instrument Landing System) are numbered. these devices especially in car navigation sys- works, lies in the development of very accu- tems, but there are innumerable other uses, rate clocks, carried both by the satellites and Another interesting application is to incorpo- with new ones popping up regularly. There is the ground based GPS receivers. The satel- rate GPS receivers in mobile telephones, so even a world wide 'Treasure Hunt' community lites move in predefined orbits, and their posi- that when you receive a phone call from your which stretches the imagination and intelli- tion is accurately known at any point in time. daughter, you know exactly where she is. gence of its members to find hidden treasures Hence when a receiver receives a signal from, Don't worry if you feel uncomfortable if your using the GPS (www.geocaching.com try say “sat. no. 1”, it knows the instantaneous wife knows where you are when you call to waypoint GCVWTV). position of this satellite accurately. say that you will be late; you can disable the Furthermore, by noting the time delay of the function as needed. Some phones already The GPS system was built for the US military received signal, it can calculate how far away incorporate GPS receivers which automati- in the early eighties. Its use was restricted to the satellite is. However, it still does not know cally send the location of the phone. Ascom the US military. However when in 1983 a its own position yet. It could be anywhere sells such a phone under the trade name Korean airliner was shot down by Russian on a sphere with its center at the sat. no. 1. THURAYA; it is a combined GSM and satellite fighter planes after it strayed into prohibited As soon as it receives signals from two more phone and was used extensively by the Soviet territory, President Roland Reagan satellites, it can calculate its position by a Taliban in Afghanistan until they discovered at released the restriction on its use and it process similar to triangulation, called 'trilat- great cost to them that they were giving away became available for civilian application, eration', i.e. triangulation on spherical sur- their location by switching on the phone. albeit with reduced accuracy. Apart from the faces. In order for the receivers to function, USA, Russia has developed its own similar they must have accurate clocks built in, so Still another exciting application is combina- system, called GLONAS, and the European that they can measure the very tiny time tion with a camera, so that upon return from Union is pushing ahead with its own system, delays involved. Many cheap commercially a memorable holiday abroad, you can enjoy GALILEO, expected to become operational in available GPS receivers do not have such looking at the vast number of photos taken 2013 and supposedly far more accurate than accurate clocks built in; instead they rely on and know exactly where and when every the US GPS. China and India are also thought synchronizing the internal clock to the photo was shot. In fact, the matchbox to be developing their own systems. satellite system and then measuring the time size GPS (shown below and aptly called delays. Synchronization is achieved by I-gotU) comes with a software package Before delving into its uses we'll unveil the noting the 'Doppler' shift in the frequency of which enables you (with the help of mystery surrounding how it works. This helps the received signal. If the satellite is GoogleEarth) to get a map of where the sharpen appreciation of the available approaching the receiver the frequency is photos were taken, with waypoints on the applications. The system consists of 24 higher, when it recedes it is lower than the set map showing where you have been. With a satellites circuiting the Earth in orbits such frequency of transmission. click of the mouse you can relive your holiday that at any spot on Earth, at least 4 satellites with the photos you took blended in and out will be visible at any time of day or night. The A Kaleidoscope of Applications as the curser traces the path of your trip. Of orbits are at 20200 km in altitude, the period The best known application of the GPS course for all this to function, you MUST set of rotation of each of them is 12 hours. system is in car navigation systems. These the clock on your camera correctly so that it systems have reached a remarkable stage of is synchronized with the GPS clock. The next sophistication and user friendliness. Gone are generation of cameras will certainly all have the days when they were amusing toys, now an integrated GPS. they have become truly useful tools. People who arrive on a rainy night in a strange city, This matchbox size GPS can also be used desperate to find an address or a certain maliciously… if you suspect that your hotel or the nearest pharmacy, with streets teenage son may be playing the truant completely empty and no one available to instead of attending his lessons, just leave ask, appreciate the usefulness of such the I-gotU in his school bag. Once he comes systems. These work using a DVD which back you can trace where he has been since stores all the maps of the region (the maps of he left home. Let us hope that it does not get all European countries are stored on one into the hands of Big Brother. DVD). With the GPS system the user can determine the position of the car. Additionally, systems take cues from the car wheels to There are six orbital planes 60 degrees apart, determine the speed and direction of the car inclined at 55 degrees to the equatorial plane, and project these on the map. If the required with four satellites in each plane. destination is given then vocal instruction can also be provided. Systems can even calculate Each satellite regularly signals its identity, e.g. alternative routes if main ones are blocked by “I am sat. no. 1”, “I am sat. no.21” etc. A traffic jams. ground based GPS receiver does not know its position on earth, however, it can calculate It is anticipated that when Galileo comes on its position if it receives signals from at least line, a huge turn around in air traffic shall take three satellites. Additionally, it can calculate place. Aircraft will be able to land at night its altitude, speed and direction of its motion, under poor visibility any time with the aid if it receives signals from 4 satellites. of sophisticated GPS navigation systems.

IMCZNEWS November 2008 12 

HilfswerkeLocal Charity präsentieren: Organisations present: Samstag,Saturday, 15 15. November November 2008, 2008, 9.00 9.00 to 17.30bis 17.30 Uhr, HerbstmarktAutumn Market im at theEinkaufscenter Shopping Center Metalli Metalli in in Zug. Zug.

HilfswerkeLocal charity aus organizations der Zentralschweiz from Central und Switzeraus demland Kanton and from Aargau Canton Aargau präsentierare presentingen am an Herbstmarkt Autumn Mar ketihr eof selbst their hergestelltenself-made products. Produkte. MitYour Ihrpurchaseem Einkauf suppor unterstützents the charity organization Sie das Hilfswerk of your choice. Ihrer Wahl.

EinA gift Geschenk from the vomAutumn Herbstmarkt Market doubles macht thedoppelt occasion Freude: of joy:

Demboth theHilfswerk charity und organization dem Beschenkten. and the gift recipient. ed. v The charities look forward to your visit! Die Hilfswerke freuen sich auf Ihren Besuch!

euen All rights reser 11 Geschenkgift = 22 diebeneficiaries! sich fr © UBS 2008. © UBS 2008. Alle Rechte vorbehalten. SPORTS• IMCZNEWS FROM THE LANES… On Strike at the Cherry Bowl A score of bowlers stormed the Cherry Bowl clubs, of all bowling stripes, styles and shoe on 20 October to roll high marks and shake sizes are heartily encouraged to come out hands with the pin boy. The group occupied and participate firsthand or cheer on their five full lanes and turned overall one of the favorite bowler. The ladies hosted the event better evenings' returns since organizer last year, which the men won behind the Steven Butterworth initiated the event. leadership of current President David Of the twenty bowlers, nine broke the cen- LeBow. The ladies were led in scoring by tury mark in every game, fifteen (75%) Carol Gipson. The coveted Cup will be con- scored more than 100 in at least two games, tested, and the IMCZ's honor is at stake in and eighteen - that's 90% - broke 100 at defending last year's victory. least once. This represents clear anticipa- This year the men assume the organizational tion of the IMCZ/ZIWC Challenge, set to tasks, and there are sure to be prizes for take place in mid-November. leading participants. Many of the rules for Among the ladies, of whom there were participation in this event apply as for unfortunately only three participants, Carol the standard routine. Sign up with Steven Heller, Janis Meier and Michelle Röthlin, but Butterworth, and a place at the cheered on by Carol Gipson (saving her Cherry Bowl lanes is yours. Entry for strength for the Challenge), the evening the Challenge will be CHF 25.00, since began disparately. Janis Meier jumped out the IMCZ will sponsor each partici- to a substantial lead at 128, 39 pins better pant's first drink and reward winners than Carol Heller. with prizes. Over on the men's side, however, Beat IMCZ member Stephen Butterworth's Züger and Andrew DeBoo gave each other enthusiasm and coordination effort a contest that was decided 160 to 156 in is inspiring and magnetic. The next favor of Andrew DeBoo in the final frame. date is Monday, 17 November. Third among the men in this game was Ron The IMCZ's regular bowling event for Sumners with a very solid 144, all three of Club members takes place on the 3rd these players rolling in the same lane. Monday of every month. The next date to follow the Challenge and the In the second game Carol Heller and last of the year will be 15 December Michelle Röthlin came roaring back, featur- 2008. Members are encouraged to ing respectively scores of 104 and 102 to come out cheer for the bowlers if they Janis Meier's 97, setting up a tight end do not intend to bowl themselves. game. The crush of strikes and thrill of Beat Züger and Andrew DeBoo continued spares begins at 19:30, and the event their rivalry in the men's second game, but is open to registered and prospective Andrew began pulling away, tallying 179 to IMCZ and ZIWC members. Stephen Beat's 145, with Paul Wareham, a new Butterworth has negotiated a splen- member and first-time participant, coming did 25% discount with the Cherry in at 141. Bowl (just off the end of the freeway in In the evening's third game, Carol Heller Sihlbrugg). Early arrival to assure racked up 125, beating out Janis Meier by good shoes, a good ball and some liq- 11 pins, but still not totaling enough for the uid calisthenics is encouraged. evening - 349 for Janis, 318 for Carol - to Reservations are required, since the garner the ladies' bottle of wine. Janis Meier Cherry Bowl must be notified of took home the prize for the second month in how many bowlers to expect. Please a row in her Louis Vuitton handbag perfect- contact Steven Butterworth by ly designed for this purpose. the preceding Friday via e-mail or phone, [email protected] or And among the men Andrew DeBoo pushed 041/790 4172. If you register to the competition still further, scoring 183 in bowl and can't attend, you the final game, outstretching John Hosking must let him know by the pre- by 24 pins. DeBoo finished the night with a ceding Friday. The IMCZ No- total of 522, Züger with 441 and Hosking Show policy applies. The cost with 420 pins, the latter two gentlemen con- for an evening is CHF 20.00 for ceding the prize bottle of wine to the high- two hours of bowling and shoe rolling Editor. rental - a bargain indeed - and November 17 2008 will mark this year's concludes at 21:30. enactment of the IMCZ/ZIWC Bowling Challenge, an annual event of good cheer and jolly competition. Members of both

IMCZNEWS November 2008 14 HUMOUR• BITS AND• contributed by IMCZ Members Fachstelle Migration - Financial Market Terminology Canton Zug Services CEO --Chief Embezzlement Officer. CFO -- Corporate Fraud Officer. for Foreigners BULL MARKET -- A random market movement causing The Fachstelle Migration of Canton Zug (www.fsm-zug.ch) is organised as an association and works by order of the Department of Economic Affairs an investor to mistake himself for a financial genius. and the communities of Zug. BEAR MARKET -- A 6 to 18 month period when the kids It offers a wide variety of advisory services and information to all migrants get no allowance, the wife gets no jewelry, and the with official residence status as well as to Swiss living in the Canton. husband gets no sex. Welcome Desk VALUE INVESTING -- The art of buying low and Persons in search of advice as well as those recently moved to the Canton selling lower. Zug are informed on general questions concerning employment, study and residence in Switzerland. For more complicated matters, we are happy to P/E RATIO -- The percentage of investors wetting refer you to our own consultants, corresponding institutions or specialists. their pants as the market keeps crashing. Advisory Services BROKER -- What my broker has made me. The Fachstelle offers advice in the following languages: Albanian, Bosnian, German, English, French, Italian, Croatian, STANDARD & POOR -- Your life in a nutshell. Portuguese, Serbian, Spanish und Turkish. STOCK ANALYST -- Idiot who just downgraded your stock. Topics include: • Advice in following areas: Social insurance, foreigners' rights, STOCK SPLIT -- When your ex-wife and her lawyer split tenant-rights, labour law, unemployment, education, schools and your assets equally between themselves. language courses, health, family matters, returning to country of origin FINANCIAL PLANNER -- A guy whose phone has been • Assistance in case of problems with employers, government agencies, institutions disconnected. We are under obligation to maintain confidentiality. MARKET CORRECTION -- The day after you buy stocks. Translating / Interpreting CASH FLOW-- The movement your money makes as it The office provides translation services - depending on workload - disappears down the toilet. for documents from and into German. Employees can also be contacted for intercultural tasks. YAHOO -- What you yell after selling it to some poor Tax returns sucker for $240 per share. The Fachstelle is pleased to complete tax returns. WINDOWS -- What you jump out of when you're the Please contact the Welcome Desk for an appointment. sucker who bought Yahoo @ $240 per share. Fees For an annual fee a variety of services is available INSTITUTIONAL INVESTOR -- Past year investor at very reasonable prices. who's now locked up in a lunatic asylum. Annual fee: • CHF 10.- PROFIT -- An archaic word no longer in use. Written documents Simple letter CHF 10.- to 30.- Appeals, claims, detailed and complicated work M and A Horizon is charged according to the required time Watch for these consolidations: Translation per minimum CHF 30.- Interpreting outside of the office per hour CHF 70.- Hale Business Systems, Mary Kay Cosmetics, Fuller Brush, Travel expense CHF 30.- and W. R. Grace Co. Will merge and become: Hale, Mary, Fuller, Grace. Tax returns Couples/Families CHF 90.- PolygramRecords, Warner Bros., and ZestaCrackers join Single persons/Pensioners CHF 70.- forces and become: Poly, Warner Cracker. Single pensioners CHF 50.- 3M will merge with Goodyear and become: MMMGood. Persons with EL and social assistance CHF 40.- Apprentices CHF 30.- ZippoManufacturing, AudiMotors, Dofasco, and Dakota With property CHF 150.- Mining will merge and become: ZipAudiDoDa. For these services the payment of the annual fee is compulsory. It entitles FedEx is expected to join its competitor, UPS, and become: you to use our services free of charge for the duration of one full year. FedUP . Location Fairchild Electronics and Honeywell Computers will become: On the right hand side of the ground floor Entrance Haus Zentrum Fairwell Honeychild. Address and telephone Grey Poupon and Docker Pants are expected to become: Fachstelle Migration PouponPants. English Welcome Desk Knotts Berry Farm and the National Organization of Women Zeughausgasse 9 will become: Knott NOW! Postfach 1258 6301 Zug And finally ... Tel. 041 728 22 76 Opening hours Victoria 's Secret and Smith & Wesson will merge under the Fax 041 728 23 14 Monday - Friday 13.30 - 17.00 p.m. new name: TittyTitty BangBang [email protected] or by appointment

IMCZNEWS November 2008 15 BITS AND •IMCZNEWS

Farewell … adieu Members' The IMCZ wishes well to: Ernie Good, whose work in the new year will require him Marketplace to live abroad for longer periods. Are you selling your yacht (harboured in Piraeus)? Wants Your Help with Your Aston-Martin old-timer with IMCZNEWS Newsletter Preparation The IMCZ News has held to a monthly production schedule throughout 2008, filled every month the roll top roof? with timely, well-structured articles. A number of IMCZ members have begun contributing on a A gorgeous view of the Bay of Biscay, regular basis. Submit your article by the 20th of a calendar month to be considered for publication in the following month’s IMCZ News. Share your interest or become better known with a little bit of house attached? within the Club. Our attractive newsletter is gaining popularity as a venue to advertise – for Or are you cashing in the half of company services etc. You can contribute to continued high-quality production through article preparation and proofreading. your stamp collection that is finally The structure of the IMCZ News makes assembly of articles fairly straightforward. If you would be worth something? interested in preparing articles for publication based on available information, or proofreading prepared drafts of monthly editions, please contact Newsletter Editor Andrew DeBoo. Perhaps you're looking for all of these things? Do you have a flair for advertising sales? If so, let us know at [email protected]. The appearance of the IMCZ News has benefited from the professional expertise of graphic Then ADVERTISE here, designer and photographer Ron Sumners. Member submissions of photos, particularly from Club events, will be considered for publication (www.sumnersgraphics.com), and Ron can be in the IMCZ News; thanked personally on a regular basis at the Stammtisch with a toast of his good work. The Members' Marketplace is reserved for unformatted advertisements of 150 characters (approx. 3 lines) of text. These are free of charge to IMCZ members. Advertisements must be IMCZNEWS submitted as illustrated below. Longer advertisements cost CHF 30.- Advertising Rates Example: Circulation: 225 plus online download. FOR SALE: gorgeous view of Bay of Biscay with stunning Issued: Monthly sunsets and high waves. Wee house (12 rooms), dock and Format: A4 vertical, full color. yacht included. Call Bill at 041 123 4567. Ad content delivery: electronic by e-mail, .pdf, .jpg, .gif Advertising Rates: Members' • Full page, A4 vertical. (19 x 27.7 cm), Fr. 200.- • 1/2 Page, A5 horizontal (19 x 13.5 cm), Fr. 110.- • 1/3 Page, vertical (6.3 x 27.7 cm), Fr. 85.- Marketplace • 1/3 Page, horizontal (19 x 9.2 cm), Fr. 85.- • 1/4 Page, A6 vertical (9.2 x 13.5 cm), Fr. 60.- FOR SALE: SWITEL Internet Phone IP 700K, • 1/4 Page, horizontal (19 x 6.9 cm), Fr. 60.- VoIP phone for a PC, never used because I was • Business Card (9.2 x 6.45 cm) Fr. 45.- stupid and forgot I have a Mac. Duh. Extra costs may be incurred for typesetting, special formatting, etc. [email protected] CHF 30. IMCZ Members receive a 20% discount on advertisement costs.

IMCZNEWS November 2008 16