Monday, October 15, 2007

banking - Are Misconceptions Making You Apprehensive About Cord Blood Banking?

Cord blood banking is a newly emergent technology in medical science to use cord blood cells of placenta for treating multiple diseases. This new technology has sparked apprehensiveness among people due to existing misconceptions about cord blood banking. Even though latest researches in umbilical cord blood cells are pointing to new ways in treating malignant diseases like cancers, few misconceptions are blinding people from the benefits of preserving these cells. Therefore, a clear margin must be drawn to distinguish misconceptions and facts about cord blood preservation.

The arrival of a newborn in a family can help you preserve lifesaving resources for the benefits of both your baby and your family. These stem cells can heal about 75 fatal diseases of blood cells and immune system and recently, have shown effectiveness in curing heart diseases, diabetes, cancers, etc. Prior to discovering benefits, blood cells in babies' umbilical cords were put to trash. Now these blood cells are collected and stored. Some misleading ideas are putting off parents from considering cord blood banking, causing inadequate storage of resources and unavailability of cells in transplants.

Misconceptions about Cord Blood Storage

  • Doctors do not treat children with their own stem cells, as they may contain diseases. On the contrary, such autologous stem cell transplants have shown several advantages including low risk of graft vs. host disease, which is a primary cause of death among transplant patients.

  • If the family has not had any history of cancer illness, then the babies or the siblings may not require stem cell. Facts claim certain types of cancers that growing at an alarming pace and have been found to infect about many children by around fifteen years regardless of family history. Therefore, cord blood banking acts as an additional safeguard for the babies in your family.

  • If public cord blood bank provides the cells in need, there is no need for cord blood banking of the cells taken from your babies. It is not just about availability. During transplants, the genetic make up of the patient is also considered. Donating your baby's cord blood ensures that the chances of genetic mismatch in times of emergency are greatly reduced. Moreover, umbilical cord blood cells are less mature and have fifty per cent more chances of HLA matches between siblings; this is why, privately stored cord blood cells can provide immense quantity of lifesaving cells for your family in need.

  • Umbilical Cord blood collection can hurt the newborn baby and can even cause a blood deficiency. This is wrong. Umbilical cord blood collection cannot harm your baby in any way. It is collected from the placenta only after your baby is detached from the mother. Neither the mother nor the baby can feel the blood being drained from the placenta and the umbilical cord.

  • Cord blood banks accept any type of blood from the donors. If the blood units are mixed, the patient runs a risk of infection. Here again, it is important to say that not all the blood cells are considered eligible due to the medical history, maternal history, collection volume of the samples etc. When the parents agree for a cord blood registry, they undergo a series of tests to ensure that the blood is fit for storage. Even if there are any complications during pregnancy, the plan for cord blood collection is immediately abandoned. Studies state that around 71 per cent of samples are rejected.

    No one can plan a foolproof safeguard for deadly diseases, but cord blood banking can still give us the security to save our dear family members.

  • Cord blood storage companies offer family members an opportunity to store a newborn baby's stem cells in a cryogenic facility until the need arises to use them. Many misconceptions abound regarding the process of storing of these cord cells, ethical issues regarding cord blood preservation and the cost or viability of cord blood banking. Cord Blood Banking answers many of these questions and offers tips related to selection of cord blood bank also known as cord blood registry.

    Article Source:http://EzineArticles.com/?expert=Apurva_Jain

    banking - The Offshore Money Flow Solution

    It's become more and more difficult to bank in privacy these days, thanks to the witch-hunt of OECD and FATF under the guise of money laundering and terrorism. What a wonderful story to cover the real purpose of their; to take the privacy away from people, to control and to endlessly supervise!

    Fortunately there still are a few opportunities left for us, who value financial privacy. These precisely planned strategies, which have been used for decades, have worked for people from all walks of life. For people, who has decided to keep what belongs to them and not to hand it over for greed goverments, ex-lovers, creditors etc. But no matter how good the strategy is, if you are a bigmounth and like to brag with your fancy overseas banking solutions, the cover is blown sooner than later. So keep your mouth shut and stay under the radar screen.

    For the start, you need a so-called Pass-Through Account. The most important feature of this account is secrecy, it's paramount. This account must be opened in a jurisdiction with a bullet-proof banking secrecy laws. Bullet-proof really isn't the case anymore, unfortunately, as way too many so called tax havens have been forced to give away information. But it still is possible to open an anonymous bank account. Even if the banking secrecy laws fail under the pressure of "Big Boys", the "bureau-rats" still don't know who's the owner of the account. So, you are safe from the very beginning!

    This first account is the one you make known to your clients and business associates. You will receive all the incoming funds from and send the outgoing funds to the outside World. As the name says, and this is essential to remembet, this account is not to store money. Because of that, you don't have to be too concerner about the long-term stability of the bank and jurisdiction involved. This fact enables you to use tiny, private banks, which offer the best secrecy and confidentally. Over and above you get the most personalized service!

    The second account you will need, is called Stash Account. The most important feature of this account is stability. The Stash Account must be opened in a stable, first world jurisdiction and in a well known bank. This is the account you send your profits to as soon as they arrive in your Pass-Through account. You store your money here long-term, send it off to offshore investments or shift it into spend and savings accounts. The existence of Stash Account is a complete secret! You tell nobody! Never, ever!

    The third account you need, is Spend Account. Here the accessibility is the key feature. Sometime you might want to withdraw your offshore profits in cash. Even if you have multiply income streams onshore, you must always be prepared for emergencies and have an access to your offshore funds. Because of that, you will open Spend Account at a bank that gives you the best selection of debit and credit cards and also a proper online banking access.

    When you have opened these three accounts, you are ready to start fighting for your privacy. And the best part is, that you can win the fight, really! It just takes a little research and the best partners.

    No comments: