Disgraceful abuse of the system. He's nothing more than a con man.

£200,000. Nice work if you can't get it...the new Islamist in my wife's store is throwing allegations of racism around like frisbees with a month of starting as well, predictably enough after being caught out explaining how 'I f*****g hate all Jews' on the shop floor and calling the store's only gay employee 'an abomination' (proves that Muslim really does trump Gay in Victimhood Poker, just as the Dick List explained).

I suppose I should be grateful the store's manager (a Sikh) isn't falling for a single word of this BS - but then again if a white employee had given the same opinions about Black people or Muslims they'd have been out on their ear in about three seconds flat, no waiting. So maybe I shouldn't.

The Judiciary probably do not give a stuff. I came accross an article today stating some barristers in the Mark Hamil enquiry can clzim up to £12,000 PER WEEK at the taxpayers' expense.

When hospitals and schools, for xample, are stuggling to make ends meet, makes one wonder how these parasites can sleep at night.

Sorry, that should be the Robert Hamil murder enquiry.

COUNCIL FOR ETHNIC MINORITY
(England & Wales)
PO Box 17517
London SE9 2ZP
Tel. 0208 265 0536, Fax: 0208 8594657, Mobile 07877008095 http://cemkumar.googlepages.com
26 November 2007

Press Complaints Commission
Halton House
20/23 Holborn
London EC1N 2JD
Fax: 0207 831 0025

Dear Mr. Toumlin:

Further to our complaint of 22 February 2007, which is subject of judicial review, we wish to make another complaint the Daily Mail of November 19 2007. We believe a failure on he part of PCC to investigate our complaint has further instigated the Mail to write an inaccurate, misleading, tainted racially biased story.

RACIALLY & RELIGIOUSLY BIASED REPORTING OF DAILY-MAIL
The reporter in this piece by Mr Brooke demonstrates an appalling lack of balance and appears to wish to erroneously portray Mr Deman as someone who is exploiting the system whereas in reality Mr Deman has been a victim of the system. BUT a victim who has tried to fight back in spite of the overwhelming odds against him. The title of the story is, “Race-claims lecturer beats the legal ban to carry on suing”, which is quite misleading as there is no ban in Northern Ireland therefore there is no question of beating the ban.
Mr Deman’s photograph has been published without his consent and a Cameraman who has been reported to the Police in Lisburn Road subjected him to racial and sectarian harassment. Earlier the report states “Suresh Deman makes mint out of rights culture”. Again Mr Brooke publishes confidential agreements, though inaccurately, how much Mr Deman has won in judgements and settlements but fails to mention that over the last six years it has cost Mr Deman over £350,000 in legal fees. Overall Mr Deman has gained nothing in terms of money but has fought these cases to vindicate his self-esteem.
Further the Daily Mail with its normal sensationalism again reports that it has cost the taxpayer more than 1 million. The reporter gives absolutely no justification for this figure which he has apparently “plucked from the air” to make a sensational headline. He also refers to public expenses, which tend to suggest as if Mr Deman got legal aid to pursue his claims in the tribunals, which is false.
Earlier Daily Mail falsely reported that there was a High Court order against Mr. Deman. The EAT order does not say Mr Deman cannot bring any claims. In fact recently EAT allowed Mr Deman’s appeal against a cost order of one of the most racist Chairman of the Tribunal, Mr. Leahy at Manchester. Clearly the reporter has not taken time to research the difference between a High Court Order and an EAT order. This is just another example of sloppy journalism and inaccurate reporting.
Mr Brooke appears to blame Mr Deman for delay in hearing the case. A somewhat similar story was run by the Sunday Life based on information given by the a senior tribunal staff, which is a subject of defamatory and racially biased proceedings in the High Court of Justice in Northern Ireland against the Sunday Life and Tribunals. In fact delay in listing was entirely Tribunal’s fault as 2 respondents in the case are lay members of the Tribunals. We do not find any news coverage to that case.
On 14 November 2007 Respondents’ counsel Mr O’Riley assaulted Mr Deman in the Court Room in presences of witnesses. This incident was reported as a racist and sectarian assault. Surprisingly, there is reference to the incident in Mr Brooke’s report. Although the Tribunal has to arrange security due to above incident the racial and sectarian harassment by Cameramen continued and further police report was made on 20 November 2007 [C&C No. 344, 14/11/07 and C&C 238, 20/11/07, ‘B’ District South Belfast].
Contrary to Mr Brooke’s report Mrs Carroll was instigate by Mr Jay to make a complaint of sexual harassment in which she did not believe herself. After through investigation by Equal Opportunity manager her complaint was dismissed. There is no reference to this in his story.
Further Mr Brooke falsely reported that Mr Deman was a part time lecturer. In fact Mrs Carroll was a part time clerical staff and Mr Deman was a full time faculty member on probation. Contrary to Mr Brooke’s report Mrs Carroll never complaint that Mr Deman was abusive as there is noting in her 4 pages long complaint to EO officer and/or in notes of her interview with Mr Nesbitt. It was her AUT Representative, Mr Jay who wrote to Dr Geoffrey Talbot, Secretary of the Legal Aid Committee so that he does not receive legal aid to pursue his claims of religious/sex discrimination and victimisation against the Mrs Carroll, Mr Nesbitt and Queen’s University.
Mr Brooke’s report published Mr Deman’s religion and nationality to discredit him in breach of article 8 of the ECHR and the PCC Code.
Further Mr Brook writes that Mr Deman has applied for 1,000 academic posts for even though he was often unqualified. If he was not short-listed or interviewed, a racial discrimination claim might follow”. He has produced no evidence to support his false assertions. If this were true there would have been nearly 1,000 claims in the Tribunal. In fact if Daily Mail earlier story was to be believed of claims then only 4% claim were made of which 10 were settled and 6 won. Therefore how could Mr. Deman be a vexatious litigant? It does not make sense.
He ha snot produce any evidence that Mr Deman often puts in alternative application under non-Asian name. He has done only once on the advice of CRE Officer and he had been short-listed when he had used a white sounding name although reject 4 times under Indian name.
Mr Brookes refers to a recusal application but does outline the grounds, which are revealing as to bias of the tribunal.
Mr Brooke’s own racial and religious bias can be gleaned by the fact he was speaking to Mr Daly, Respondents’ solicitor but had not word with the Claimant.
Earlier the reporter describes Mr Deman as being obsessed about being racially discriminated against. Whereas in fact he has proven that he has been discriminated in terms of the substantial pre trial settlements he has received in some cases, which employers settled after harassing him for a few years and for the fear that if Mr Deman were successful they would have ended up paying more. More importantly by the fact that he has proven his claims of racial discrimination and victimisation to the satisfaction of Tribunals and courts and in his 3 claims against the University of Greenwich & others, 2 claims against Nottingham [Professor Gow, PVC and Director of Business School was found guilty], 1 claim against the European School of Economics and 1 claim against the University of Pittsburgh and its Head Mr. Kevin Sontheimer. Surely such evidence would indicate to any objective observer or reporter that Mr Deman has been a serial victim of Institutionalised Racism in Higher Education.
The Reporter in an earlier report purported to suggests Mr Deman got £42,000.00 [inaccurate figure] in compensation after making a series of claims for being sacked for misconduct in November 999 but he later received £42,000 compensation after making a series of including one that a colleague had made a racially-offensive remark. However the Reporter does not truthfully report that Mr Deman was successful in his claims of racial discrimination, victimisation and unfair dismissal in which both Mr Russell Brockett, Director Personnel, University of Greenwich and his colleague Mr Geddes were found guilty by the tribunal.
Mr Deman never told the Reporter or any newspaper about his private life i.e., marries, religious persuasion and citizenship nor ever describes himself as Indian-American. Therefore publication of this information was contrary to the Privacy Clause under PCC Code. In formation about the sums of damages are inaccurate and contrary to the confidentiality clause.
Mr Deman has been a full professor in Japan, Australia and New Zealand and a senior lecturer in UK & US therefore how could anyone say, 'his candidature was very weak'? If any inconvenience is caused to the employers they are the authors of their own misfortune. He has been kept off shortlists because Academia being closely knitted and people talk on the grapevine.
Further Mr Deman never told the Reporter or any newspaper about his private life i.e., marries, religious persuasion and citizenship nor ever describes himself as Indian-American. Therefore publication of this information was contrary to the Privacy Clause under PCC Code. In formation about the sums of damages are inaccurate and contrary to the confidentiality clause.
As to the Reporter’s assertion that he approached Mr Deman about the banning order and he refused to comment and threatened to 'sue'. On the contrary the Reporter harassed Mr Deman’s 12-year daughter at his wife’s residence.
In fact, Mr. Deman does not live at his previous address where the Reporter gave a surprised visit without any prior appointment. He visited on Friday at about 5:00 pm at his wife’s address, purported to be from the Daily Mail to harass Mr. Deman’s 12 years old daughter. I have no hesitation to confirm that Mr. Deman was not present at that time. Reporter banged the door so hard that door was chipped open and his daughter was terrified and screamed. He insisted to know whereabouts of Mr. Deman to cover the story about Section 33 Proceedings having assured by the PCC that there was nothing wrong in THES doing it without interviewing him. We wonder where the hell the Daily Mail was for the last 3 months and why he woke up now to report an old story? Mr. Kumar was present at his residence to help his wife so he came downstairs. Mr. Kumar asked the Report of the Daily Mail to show his ID Card or some proof of identity but he had none to show him. Mrs. Mayo-Deman and Mr. Kumar asked him to leave shutting door on him but he tried to push it back. We believe the Daily Mail would not have exhibited this sort of conduct without the blessings of the PCC.

Further DailMail story has caused irreparable damage to Mr. Deman as due to sensationalism newspapers, law firms and websites all over the world relied upon Daily-Mail’s version without interviewing Mr. Deman [we are still researching but see, enclosed]. Daily Mail put selective comments on the story under feedback, which appear to be coming from the BNP and NF members who are seeking his deportation. On the other hand a number of academics and member of the public sent comment criticizing the story but none were selected.

You say you do not monitor racial origin of your staff and PCC members we believe this is in breach of the CRE Code of Practice.

We are looking forward to hearing from you ASAP.
Yours sincerely,

Coordinator, C Kumar
Acting Coordinators, S. Mahadevan

CC: Trevor Phillips, Chairman CRE, Fax: 0207 919 0001 & Dr Ian Paisley, MP & MEP & Peter Robinson MP, and Mr S. Deman.

SURESH DEMAN CURRICULUM VITAE SPEAKS VOLUMES & I SAY NO MORE

1. PERSONAL DETAILS

DATE OF BIRTH 6 August 1954

PLACE OF BIRTH India Child: Samantha (Irish)

NATIONALITY American/Indian Indefinite leave to remain in UK

2. QUALIFICATION

Ph.D. Japan [Real Estate Takeovers & Development – Game theoretic Model], M. Phil (Finance), University of Bradford, UK, M.A. Finance & Economics A-Grade, University of Pittsburgh, U.S.A., M.Phil. (Courses in Finance & Development) - A-Grade J. L. Nehru University, India, M.A. (Economics/Finance.) I Division, University of Rajasthan, India, B.Sc., University of Rajasthan, India, High II Div.

3. GRANTS & HONOURS

1999-2002 £ 10, 000 UNEP Funded Project Centre for Economics & Finance.
1994-95 £ 4,000 NIDev. Research Grant Queen’s University of Belfast
1989 A$10,000 Visiting Fellowship University of Western Sydney.
1983-88 National Associateship University Grants Commission.
1976 Fellowship NCERT
1977 Fellowship ICSSR
1974 Fellowship Univ. Grants Commission.

Appeared in Who'sWho in the World, 1997, 14th Ed., Marquis Pub. Co.

4. APPOINTMENT SINCE 1994 Visiting Professor &
Senior Consultant & Honorary Director

5. CAREER

2003-present Honorary Visiting Professor Member Barefoot Lawyers Training Institute Advisory Committee.
1997-1999 Senior Lecturer in Finance Buss School, Univ. Greenwich.
July 1996-Dec. 1996 Visiting Professor of Finance Finance & Quantitative Analysis, Univ. of Otago, New Zealand
Feb. 1994-Oct. 1995 Lecturer in Finance
& Post -Grad. Co-ordinator Buss. School Queen’s University
Sept. 1992-April 1994 Professor of Econ/Finance. Fukuoka University., Japan.
Sept. 1990-Aug. 1992 Adjunct Faculty Economics University of Conn., USA
Feb. 1989-Aug.1990 Research Fellow Economics Australian National University.
Sept.1988-Dec.1988 Visiting Professor Finance. Business School NTUniversity, Australia.
Sept. 1983-Dec. 1987 Teaching Fellow Econ/Fin. Economics, University of Pittsburgh, USA
Nov. 1974-Feb. 1988 Ass. Professor Econ/Fin. Economics, University of Rajasthan, India
OTHER PREVIOUS POSTS
October 95-present, Executive Director & Senior Academic, Centre for Economics & Finance, Member of the UNEP/UNCTAD Expert Group Panel, 1995-present.

OTHER TRAINING AND PERSONAL DEVELOPMENT.
Appeared in Who'sWho in the World, 1997, 14th Ed., Marquis Pub. Co.
Distinguished by the Black Action Society in America for Academic Achievements

OTHER SKILLS (include languages and other specialism).

Lotus 1?2?3, Intermediate, Word 7.0, Word Perfect 7, DW 4.0, 5.0, TSP, RATS, EXCEL, EVIES, Experience of Japanese, Polish.

OTHER (e.g. professional courses, practitioner training etc.).
Two weeks course on Input-Output Techniques, UNEP, Postgraduate courses in Environment Compliance, Equal Opportunity Workshops, and Postgraduate Supervision Workshops at Warwick.

EXTERNAL EXAMINER. Examined PhD/MPhil/MA Dissertations in Japan, UK, US and in India.

6. PROFESSIONAL ACTIVITIES
A: REFEREE :
Advances in Econometrics, Economic Journal, Journal of Industrial Economics, Journal of Developing Areas, The Journal of Real Estate Finance and Economics, Growth and Change: Regional Development, Managerial and Decision Economics, Journal of Management & Governance , International Review of Financial Analysis.

B: MEMBERSHIP

American Economics, Finance Association, FMA International.
Operational Research Society/Institute of Management Science.
Life Member of Indian Econometric Society.
Full Member of Sigma Xi
Royal Economic Society.

7. PUBLICATIONS.

Refereed Journal Articles.

1. "The Real Estates Takeovers: An Application of Grossman-Hart Theory," Special Issue, International Review of Financial Analysis, Vol. 9, No. 2, 2000, p. 175-195.
2. "Modelling Building Societies Takeovers: A Non-Cooperative Game", Journal of Management & Governance, Vol. 3, No. 3, 1999, p. 203-229.
3. DEMAN, S., "Merger Mania and Building Societies: A Case Study of C & G", Management Research, Vol. 19, No. ½, 1996, p. 45-52.
4. DEMAN, S., "The Theory of Corporate Takeover Bids: A State of the Art," forthcoming in Advances in the Theory of Corporate Takeover Bids: Game Theoretic Models and Econometric Estimation, edited by S. Deman.
5. DEMAN, S., "The Theory of Takeover Bids: A Sub?Game Perfect Approach", Special Issue of Managerial Decision Economics, Vol. 15, 1994, p. 383-397.
6. DEMAN, S., "On the Existence Result of Some Variational Problems,” (with Debasis Chaudhary), Fukuoka Economic Review, 1994, p. 445-468.
7. DEMAN, S., "Theory of Real Estate Takeover Bids: A Sub?Game Perfect Approach", with K.W. Wen, Advances in Econometrics, Vol. 10, 1994, p. 65-82.
8. DEMAN, S., "Economic Regulation and Environmental Accounting: A Microeconomics Perspective," UNEP Research Report, 1993, p. 75-85.
9. DEMAN, S., "The Theory of Corporate Takeover Bids: A Game-Theoretic Model", Advances in Econometrics, Vol. 9, 1991, p.139-155.
10. DEMAN, S., "Stability of Supply Coefficients and Consistency of Supply Driven and Demand?Driven Models: A Reply, "Environment and Planning A, Vol. 23, 1991, p. 1811-1817.
11. DEMAN, S., "Comparison of Structure of Production?A Study in Development Strategy, "The Review of Regional Studies, Vol. 20, No. 2, 1990, p. 60-75.
12. DEMAN, S., "A Note on Distribution of Land Assets and Levels of Productivity in India, "The Review of Regional Studies, Vol. 20, No. 3, 1990, p. 45-50.
13. DEMAN, S., "Stability of Supply Coefficients and Consistency of Supply Driven and Demand?Driven Input?Output Models, "Environment and Planning A, Vol. 20, 1988, p. 811-816.
14. DEMAN, S., "A Review of Regional Development Theories," International Journal of Development Planning Literature, Vol. 2, No. 1, 1987, p. 54-64.
15. DEMAN, S., "Region?Regionalisation and Regional Planning ? A Review of Techniques," International Journal of Development Planning Literature, Vol. 2, No. 2, 1987, p. 103-119.
16. DEMAN, S., "Role of Money in the Development of the Labour Surplus Economy," International Journal of Development Planning Literature, Vol. 1, No. 3, 1986, p. 478-489.
17. DEMAN, S., "Applied Methods of Regional Analysis: The Spatial Dimensions of Development Policy," Boulder and London: Westview Press, 1985, xviii p. 264, by Dennis A. Rondinelli, Review in Growth and Change, Vol. 16, No. 2, April 1986.
18. DEMAN, S., "Political Economy of Regional Development: A Review of Theories," IJRS, Vol. XIV, No. 2. 1984, p. 25-35.
Some HTML allowed: <acronym 19. DEMAN, S., "Note on the Quantitative Technique of Using Input-Output Tables for Firms, "Economic Affairs, May?July 1979, Vol. 24, No. 57,, p. 135-147, Indexed in American Journal of Economic Literature, Vol. XVII, No. 1, January 1980.
20. DEMAN, S., "Political Economy of Regional Development: A Case Study of Orissa, "Indian Journal of Regional Science, Vol. 11, No. 2, 1979, p. 25-39, Indexed in the International Review of Regional Science.
21. DEMAN, S., "Regional Analysis of Distribution of Land Assets and Levels of Productivity in India, "Economic Affairs, August 1978, Vol. 23, No. 8, p. 1-15, Indexed in the American Journal of Economic Literature, Vol. 17, No. 2, June 1978.
22. DEMAN, S., "Profile of India's Economy, "Economic Affairs, September 1974, Vol. 19, No. 9, p. 89- 99, Indexed in the American Journal of Economic Literature, Vol. XII No. 3, 1975.

BOOK CHAPTERS:

1. DEMAN, S., "Social Regulation and Environment Complaint: A Principal Agent Approach," in Conservation and Economic Evaluation of Biodiversity, New Delhi, Oxford IBH Publishers, 1997, p. 55-85.
2. DEMAN, S., "Theory of Finance and Non?cooperative Game", Blackwell Encyclopaedia Dictionary of Finance, 1997 (5,000 words).
3. DEMAN, S., "Hedging", Blackwell Encyclopaedia Dictionary of Finance, 1997 (Short Paper). 4. DEMAN, S., "Contingent Claim", Blackwell Encyclopaedia Dictionary of Finance, 1997 and also in The Concise Blackwell Encyclopaedia of Management (1500 words).
5. DEMAN, S., "Expectations", Blackwell Encyclopaedia Dictionary of Finance, 1997 (1000Words).
6. DEMAN, S., "Language of Corporate Takeovers", Blackwell Encyclopaedia Dictionary of Finance, 1997 (2000 words).

Courses Taught (PG&UG): Micro, Macroeconomics & Quantitative Mathods1975-83 at University of Rajasthan, 1983-88 University of Pittsburgh USA, 1988-90 NT University & ANU Australia, 1992-92 Fukuoka University Japan, 1994-95, Queen’s University, UK, 1996, University of Otago New Zealand, 1997-1999 University of Greenwich and since 1999 onwards as a Visiting Professor. I also taught in the period of 1995-2004 Business Economics, Financial Economics, Industrial Economics, Corporate Finance, Industrial Organisation, Monetary Union & Emerging Capital Markets, International Business & Finance, Financial Management, Financial & Management Accounting, Regional-Urban-Development, Econometrics/Research Methods/Quantitative Econ. Game-theory, etc., at University of Rajasthan, Fukuoka University Japan, Queen’s University, University of Pittsburgh, University of Connecticut, NT University Australia & ANU, University of Otago New Zealand, University of Greenwich and as a Visiting Professor.

PUBLISHED INTERNATIONAL CONFERENCE PAPERS AND COMMUNICATIONS.

INTERNATIONAL CONFERENCE ON PERFORMANCE MEASUREMENT-THEORY & PRACTICE, CAMBRIDGE, 1998

1. DEMAN, S., “Environmental Compliance-A New Economics of Regulation,” Performance Measurement Theory and Practice, Vol. 1, p. 288-295, Edited by Andy D. Neely and Daniel B. Waggoner, Centre for Business Performance, The Judge Institute of Management Studies, Published by Cambridge University, UK, 1998.

OTHER JOURNAL ARTICLES.

1. DEMAN, S., "Economic Models for Acreage Response: Wheat and Gram Farming in Ganganagar District, "Economic Times, June 30, 1978.
2. DEMAN, S., "India's Economy, How Much Socialist, "Point of View 74.

CEF REFEREED WORKING PAPERS.

1. "Theory of Corporate Takeover Bids: A Multi?Stage Bargaining Model", CEF WP97-6
2. "Shareholders Activism: A Principal-Agent Model", CEF WP-97-4
3. “Corporate Spin-off: A Game-theoretic Approach”, CEF WP-98-5
4. "Efficiency of Corporate Governance: Insiders v Outsider approach", CEF WP-96-3
5. “Substitution Opportunities in Indian Iron and Steel Industries", CEF WP-95-2
6. "Export Coefficients: A Stochastic Approach to Input?Output Models", CEF WP-95-1
7. "Game of Urban Development: A Corporate Finance Approach",Maastricht, A/F WP-94-7
8. “Social Regulation and Environmental Compliance: Principal Agent Model, A/F WP-94-8
Papers can be obtained @£50.00+mailing cost.

PAPERS IN REVISION

1. “Emerging & Developed Capital Markets-A Comparative Study of Greek & UK Markets”, submitted to American Economic Review 2004.
2. Shareholders Activism: A Principal-Agent Model, Review of Financial Studies, 2004.
3. "Existence Result of Some Variational Problems: A Re-examination of Paul Romer's Work", Econometrica, 2003.
4. “Corporate Spin-off- Asymmetric Information”, Journal of Finance, 2003.

BOOKS IN PROGRESS:

1. The Theory of Corporate Takeover Bids: Game?Theoretic Models and Econometric Methods, Under submission to Kluwer Academic Publisher.
2. Studies in the Application of Game?Theoretic Models to Takeovers, under submission, Kluwer Academic Publisher.

8. VISITING POSTS: visiting lectureships.
Visiting Professor, Dept. of Finance, University of Otago, New Zealand, 1996.
Visiting Professor, Economics Faculty, Fukuoka University, Japan, 1992-94
Visiting Fellow, University of Western Sydney, Australia, 1989
Visiting Professor, NT University, Australia, 1988-89
University Grants Commission Visiting Professor at Economic Academy, Institute of Economic Planning and Cybernetics at Pozanan, Poland, 1982.
Institute of Regional Planning, Krakow, Central Planning Institute SGPIS, IGPK Warsaw. Also visited International Institute of Applied Systems (IIASA), Vienna, Institute of Social Studies (ISS), Hague, The Netherlands,1982.

Published International Conference Papers and Communications.

INTERNATIONAL CONFERENCE ON PERFORMANCE MEASUREMENT-THEORY & PRACTICE, CAMBRIDGE, 1998

1. DEMAN, S., “Environmental Compliance-A New Economics of Regulation,” in Performance Measurement Theory and Practice, Vol. 1, No. 1, pp 288-295, Edited by Andy D.Neely and Daniel B. Waggoner, Centre for Business Performance, The Judge Institute of Management Studies, Cambridge University, Cambridge, UK, pp 288-295, 1998.

2. DEMAN, S., “The Theory of Real Estate Takeover and Urban Renewal: Game-Theoretic Approach", Fukuoka University, Japan. "Optimal Mix of Urban Public ...”, in the Proceedings of FAR EASTERN MEETING OF THE ECONOMETRICS SOCIETY, 1993 held in Taipei, Taiwan, Econometrica, Vol. 61, No. 6 (Nov., 1993), pp. 1451-1469.

International conference papers (in Britain or abroad)

CORPORATE GOVERNANCE CONFERNCE, BSI GAMMA FONDATION & LONDON BUSINESS SCHOOL, 2004.
FINANCIAL REGULATION SEMINARS, FMG LONDON SCHOOL OF ECONOMICS, Michaelmas TERM 2004.
LIQUIDITY CONFERENCE, LONDON SCHOOL OF ECONOMICS, 2003
FINANCIAL MARKETS CONFERNCE, LONDON SCHOOL OF ECONOMICS, 2002.
MEGERS & ACQUISITONS, LONDON SCHOOL OF ECONOMIC 2001
WORLD GAME THEORY CONGRESS 2000, BILBAO, SPAIN
“Corporate Spin-Off: Asymmetric Information” with Professor Yong Kim.
INTERNATIONAL CORPORATE GOVERNANCE CONFERENCE, NOTTINGHAM UNIVERSAITY, 1999.
"The Theory of Takeover of the Real Estate: An Application of Gross man & Hart Theory"
FINANCIAL MANAGEMENT ASSOCIATION, INTERNATIONAL, HAWAII 1997
"The Theory of Takeover of the Real Estate"
INTERNATIONAL CONFERENCE ON GAME THEORY AND APPLICATIONS IN HONOUR OF PROFESSOR AUMANN, 1995
"Privatised Urban Development: Subgame Perfect Approach", Jerusalem.
NBER CONFERENCE ON CORPORATE FINANCE, CAMBRIDGE, USA 1994
INTERNATIONAL SYMPOSIUM ON ECONOMIC MODELLING, 1994
"Environmental Compliance: A Principal?Agent Model", Washington, USA.
FAR EASTERN MEETING OF THE ECONOMETRICS SOCIETY, 1993
"The Theory of Real Estate Takeover and Urban Renewal: Game-Theoretic Approach," Suresh Deman, Fukuoka University, Japan. "Optimal Mix of Urban Public ...”, held in Taipei, Taiwan.
UNITED NATIONS WORKSHOP ON ENVIRONMENTAL ECONOMICS, 1993
"Economic Regulation and Environmental Accounting: A Microeconomic Perspective", held in Singapore.
INTERNATIONAL SYMPOSIUM ON ENERGY AND ENVIRONMENTAL REGULATION, 1993
Discussant for one session, Regulatory Policy Research Centre, Hertford College, Oxford University, United Kingdom.
KOBE UNIVERSITY SUMMER SEMINAR, 1993
"The Theory of Real Estate Takeover Bid and Urban Renewal", Kobe, Japan.
AMERICAN ECONOMIC ASSOCIATION, 1989
"The Theory of Real Estate Takeover Bids: A Game?Theoretic Approach," Suresh Deman, Australian National University.
DISCUSSANT SOUTHERN ECONOMIC ASSOCIATION, 1989
"Intra?Urban Mobility, Migration, and Tenure Choice," Thomas P. Boehm, Henry W. Herzog, Jr., Alan M. Schlottmann, University of Tennessee.
"Agency Relations and Ownership Structure of Small Firm," Jerry W. Dauterive and A. Michael Sibley, Loyola University, USA.
AUSTRALIAN ECONOMETRICS SOCIETY MEETINGS, 1989
"The Theory of Corporate Takeover Bids: A Game?Theoretic Model," Suresh Deman, Australian National University.
AUSTRALIAN ECONOMIC SOCIETY MEETING, 1989
"The Theory of Corporate Bids: A Review," Suresh Deman, Australian National University.
INVITED TO PRESENT A PAPER IN WESTERN RSA MEETINGS 1989
DISCUSSANT IN SEA CONFERENCE, 1988
"Deregulation and Mergers: How Have They Affected Airline Service to Small Communities?", Richard V. Butler and John H. Houston, Trinity University, San Antonio, USA.
"A Composite Welfare Measure for Urban Areas", Edward Nissan, University of Southern Mississippi, Hattiesburg, USA.
CHAIRPERSON NORTHEAST RSA MEETINGS, 1988
"Discrete Choice Methods: An Introduction to Tree Structured Classification," Dr. Paul S. Komor, Princeton University, USA.
"A Decision Model of Waste Management Planning," Professor Virginia W. Maclaren, University of Toronto, Canada.
"A Statistical Model to Compare the Adequacy of Conflict Management Procedures to Conflict Situations," Franz Tattenbach, Cornell.
MODELLING AND SIMULATION CONFERENCE, 1988
"Inverse Matrix Solution to Interregional Input?Output Modelling", Suresh Deman, Australian National University.
DISCUSSANT IN AEA MEETINGS, 1987
"Ownership Structure and the Effect of Anti?takeover Charter Amendment," Cindy Alexander, University of California, Los Angeles. USA.
DISCUSSANT IN SEA CONFERENCE, 1987
"Executive Compensation: A Simultaneous Equations Model", Thomas M. Carroll, University of Nevada, Las Vegas, USA.
"Mexico s Economic Crisis: Its Origins and Consequences", Miguel Ramirez, Trinity College, Hartford, USA. "Cyclic Pricing by a Durable Goods Monopolist: A Further Analysis." Dung Nguyen, Univ. of Pittsburgh, USA.
MID?CONTINENTAL RSA MEETINGS, 1987
"Coefficients Change in Input?Output Models," Geoffrey Hewings, University of Illinois and Michael Soni, Bar Ilan University, Israel.
NORTH AMERICAN MEETINGS IN RSA, 1987
"Real Estate Takeovers: A Game?Theoretic Approach", Suresh Deman, University of Pittsburgh, USA.
MODELLING AND SIMULATION CONFERENCE, 1987
"Comments on Consistency of Input?Output Production and Allocation Coefficients," Suresh Deman. Australian National University.
NORTHEAST RSA MEETINGS, 1987
"Rural Development in West Bengal: An Appraisal," Suresh Deman, University of Pittsburgh.

RAPPORTEUR NBER CONFERENCE ON INDUSTRIAL ORGANIZATION, 1986
NORTH AMERICAN RSA MEETING, 1986
"Regional Sex?ratio: Variation of Indian Cities," Ashok K. Cotta, Charles Monroe, Bilkis Banu, University of Akron, USA.
MID?CONTINENT RSA MEETINGS, 1985
"Regional Economies: Comparison of Structure of Production and Structural Interdependence," Suresh Deman, University of Pittsburgh, USA.
"Regional Economic Impact of Acid Deposition Regulations: Partitioned Matrix Solution of an Interregional Input?Output Model," Helen Briassoulis, University of Illinois at Urbana, Champaign, USA.
WESTERN RSA MEETINGS, 1983
"Structure of Production of Rajasthan Economy." S. Deman, University of Rajasthan.
PACIFIC RSA MEETINGS, 1983
"Population Movement and Structural Change," Isao Orishimo, Toyohashi University of
Technology, Japan. "Regional Planning Systems," Suresh Deman, University of Rajasthan India.
INTERNATIONAL CONFERENCE ON URBAN AND REGIONAL CHANGE IN UDC, 1981
"Region, Regionalisation, and Regional Planning: Review of Theories," Suresh Deman, University of Rajasthan, India

British workshops and seminar presentations.

ROYAL ECONOMIC SOCIETY MEETING, 1995
"Privatised Urban Development: Subgame Perfect Approach", Canterbury.
POSTGRADUATE RESEARCH SUPERVISORS’ WORKSHOP, UNIVERSITY OF WARWICK, UK 1994
EUROPEAN FINANCIAL MANAGEMENT, 1994
"Game of Urban Development: A Corporate Finance Approach", Maastricht.
EUROPEAN AND BRITISH SECTION RSA, 1982
"Political Economy of Regional Development: A Review of Theories," Suresh Deman, University of Rajasthan, India.

Recent Conferences Attended (e.g. for personal development, networking).

Staff- Development at the University of Greenwich, 1998.

SEMINARS AND SYMPOSIUMS:
1. Served on the Panel of Expert Group Meeting of UNEP/UNCTAD, 1995, NY, US.
2. United Nations Workshop on Environmental Economics 1993 presented paper on "Economic Regulation and Environmental Accounting: A Microeconomic Perspective," held in Singapore.
3. International Symposium on Energy and Environmental Regulation 1993. Discussant for a session, Regulatory Policy Research Centre, Hertford College. Oxford University, UK.
4. Kobe University Summer Seminar 1993 presented paper on "The Theory of Real Estate Takeover Bid and Urban Renewal," Kobe, Japan.
5. Chaired Professor Jean?Michel Grandmont's seminar on "Heterogeneity, Aggregation and Rationality."
6. Chaired Professor Y. Asami's seminar on "The Evaluation of Residential Lots with a Focus on Their Shape."
7. Chaired Professor Martin Beckmann s seminar on "Economic Model of Knowledge Network." 8. Paper at the International Symposium on Money, Banking and Finance, West Germany.
8. Paper presented at the Business School, Univ. of Connecticut, US.
9. Paper presented at the Economics Department, Syracuse University, US.
10. Paper presented at the Agriculture and Resource Economics Department, University of Connecticut, US.

9. SUMMARY OF CURRENT RESEARCH:

I have considerable research experience in economics and finance. I have published a number of papers in refereed journals and had an opportunity to participate and present papers in several international meetings including International Conference on Performance Measurement-Theory and Practice and International Symposium on Energy and Environmental Regulation held at Judge Institute of Management, Cambridge and Hertford College, Oxford respectively and a UNEP Workshop on Environmental Economics in Singapore. My main research interests lie in the field of application of game theory and econometrics to economics and finance. In fact, I have published quite a few papers in the area of economics and finance (two of them are joint with Dr. Debasis Chaudhry or and Dr Kaung Wei-Wen and other papers are single author), which are widely cited (see, Journal of Economic Literature & Social Sciences Citation Index, Web). I was invited to serve on the Expert Group of UNEP/UNCTAD in the US. I was also invited to contribute four short articles on various aspects of finance, including 'Finance and Game theory' in the Encyclopaedia Dictionary of Finance, published by Blackwell, 1997.

My recent work on Application of Grossman &Hart Theory to Takeover of Real Estates and building Societies has been accepted for publication in the Special Issue of International Review of Financial Analysis and Journal of Management Governance. I will summarise my contribution briefly.

The motivation behind this paper is a footnote in Grossman & Hart (1980) paper on "Takeover Bids, the Free Riders' Problem and the Theory Corporations", published in the Bell Journal of Economics, 1980. Since the publication of G & H paper, a number of papers have been published in professional journals (including one in JPE which makes trivial contribution) identifying the shortcomings of their work. Broadly speaking, there are two classes of papers in the literature on corporate takeovers, see, Fishman (199) and Deman (1994). First category of papers rely upon continuum of player assumption, for example, Grossman & Hart (1980) and others. Second class of papers focus on finitely many players. For example, papers by Kovenock (1984), Shleifer and Vishny (1986), Bagnoli and Lipman (1988), Hirshleifer and Titman (1990), Deman (1991, 1994), Holmstrom and Nelbuff (1992), Harrington and Prokop (1993), and Fluck (1993) have considered finitely many players in the game. The basic distinction between Grossman & Hart paper and the others is the assumption of continuum of players and atomistic shareholders. Why should this matter? I will elaborate this briefly. With continuum of players assumption, the paradox is caused by the following "disappearance of information" because only the aggregate play is observed. Hence, the individual deviation cannot be met by rewards and punishments. In a finite number of players game, there is a change in the aggregate play whenever a player deviates. The change may be very small, but perfectly observable. Therefore deviations can be rewarded or punished regardless of number of players. Hence, the results are straight forward that takeovers will occur with positive probability in models with finitely many players.

Since the publication of Schall's 1976 paper in the AER in related area, I have not come across any paper addressing problem of urban renewal using a corporate finance and/or game-theoretic model. In my paper I follow Milgrom and Roberts (1982) paper on Limit Pricing and Entry published in Econometrica, and use a subgame perfect approach under complete but imperfect information in the game.

My manuscript is an extension of Grossman & Hart work on takeovers and falls in the latter category of papers. I provide a formal mathematical structure to G & H model using measure theory and look at a class of games to include both continuum and finitely many homeowners to contrast the situation when the redevelopment project is indivisible and partially divisible. In pure strategy equilibrium a redevelopment projects require all property in the target blocks to be economically feasible which can be realised through purchase by secrecy. In addition to secrecy, developers use options. So long as the developer doesn't need all the units, he can acquire options and build where he first assemble a sufficient amount. Pipelines apparently do that all the time. They can also assemble partial holdings and then not include the holdouts. Urban landscapes are littered with holdouts that were frozen out.

In the model I allow the developer to assemble a site for redevelopment within an admissible size range. As the expected values of the redevelopment and incumbent owners' free-riding on the redevelopment vary continuously with project scale, G & H pure strategy symmetric equilibria may no longer exist. In other words, the socially desirable symmetric equilibrium identified in the above model depends crucially on the assumptions of complete indivisibility of redevelopment projects and atomistic property owners. This will be the case if the project demands a zoning change, is of high commercial value, and the many incumbent owners are basically homogeneous. However, many urban renewal projects do not match these characteristics. Inner city residential redevelopment, for example, usually takes place in deteriorated existing neighbourhoods, and does not require a specific scale so long as it exceeds a threshold level. The relaxation of complete indivisibility also introduces variation to property owners' bargaining power, which cannot be handled by G & H model with uniform dilution. The richness of the model is further enhancement by the introduction of strategic interaction and rational expectations character into the model. Unlike G & H model I also show that one cannot completely rule out a possibility of takeover by an inefficient developer, which may result in slum equilibria.

At the policy level my research intends to develop a corporate finance-game theoretic model that could describe a broad range of urban redevelopment projects, predicts the outcomes of real estate takeovers by developers, and evaluate the effectiveness and appropriateness of their using dilution (privatised eminent domain in the context of urban renewal) in the process. In the absence of direct public intervention, urban redevelopment is in essence private investment in public goods. While Pareto improvement could be achieved by such undertaking, the "unexcludibility" of public goods tends to provide incumbent property owners incentives of free-riding on the improvements, and results in "holdout" problems that often hinder successful redevelopment. Certainly the government could step in whenever holdouts occur and exercise its power of eminent domain to wipe them out, but it in so doing will invite scepticism about its impartiality. Leaving alone public intervention, could we solve the holdout problem by market mechanisms? To this date, no satisfactory answer has been offered in the urban or land economics literature. My paper, in fact, addresses some of these questions. The paper also provides an analytical framework for studying a broad range of privatised urban redevelopment by organising sales of real estate property at par with sales of stocks for a corporation.

The main conclusion of the paper is that the threat of takeover can facilitate redevelopment programme undertaken by a developer even though the equilibria are straight forward in a finitely many players' game for the reasons stated above. I also show that the developer faces a trade-off between a low bid price and a high probability of takeover. However, the probability of takeover can be enhanced by the provision of dilution or exercise of right to eminent domain. I therefore believe my paper makes a useful application of game theory and corporate finance to address policy issues of dilution, imminent domain, slum equilibria, and other urban renewal problems. Paper also provides evidence in favour of how the market for development purchases should be organised. In fact, it seems like a potentially interesting idea and it might even be possible for a local government to adopt such a rule. To minimise abuse of right of eminent domain by the government and to enhance the effectiveness of using eminent domain as a threat by the developer I introduce a democratic (50% yes vote) or super majority rule in the model (to pass a constitutional test).

All cases including the jury trial are heard at public expenses. What is a big deal about this case. How about billions spent in fighting war in Iraq which breeded more terrorim and made world less safer by Bush's poodles and Tony's cronies. After all he is not doing anything illegal by suing the univesities which many of which untimately were found guilty of racial discrimination. In fact it is quite disappointing that not even one newspaper has given his side of the story. This speak volumes about western crep of about free press and a democartic society. To me he pac oo eb vitms of isntitonalsied racism in the judiciary and the Higher Education

All cases including the jury trial are heard at public expenses. What is a big deal about this case. How about billions spent in fighting war in Iraq which breeded more terrorim and made world less safer by Bush's poodles and Tony's cronies. After all he is not doing anything illegal by suing the univesities which many of which untimately were found guilty of racial discrimination. In fact it is quite disappointing that not even one newspaper has given his side of the story. This speak volumes about western crep of about free press and a democartic society. To me he pac oo eb vitms of isntitonalsied racism in the judiciary and the Higher Education

Unprofessional Zionist Racist Nonsense

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What is the value of a ban which was decided by Mr Underhill who was a social friend and a colleague of Lord Goldsmith who made the application for ban. Of course a fair minded person would consider this an exmaple of a decision reached by Zionist Labour Party mafia to save the judiciary and employers from racial embarassment.

DailMail has run this story for the third time without giving the victim an opportunity to explain his side of the story. Man has been condemn by Press and the Judiciary without a fair hearing. This speaks volumes about our Press and Judiciary.

AJG

#4 12-08-2007, 11:48 AM
JennysammyMayo Posts: n/a

Hypocracy or Racsim in the Western Media

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All cases including the jury trial are heard at public expenses. What is a big deal about this case. How about billions spent in fighting war in Iraq which breeded more terrorim and made world less safer by Bush's poodles and Tony's cronies. After all he is not doing anything illegal by suing the univesities which many of which untimately were found guilty of racial discrimination. In fact it is quite disappointing that not even one newspaper has given his side of the story. This speak volumes about western crep of about free press and a democartic society. To me he pac oo eb vitms of isntitonalsied racism in the judiciary and the Higher Education

I find this blog is run by a bunch of under achievers who like the National Front prey on the racial bias of a small fraction of the British Public who dwell on there past glories of Empire and whose approach to life reeks of the sour grape principle. The attack by this blog on Mr Deman an internationally educated ethnic minority professional who was invited to this country to make up its skill's shortage reminds me of feedback from ethnic minority doctors which have fallen on deaf ears, who served the NHS and there consumers the British public faithfully but were denied promotion & opportunity. Consider this in regard to many NHS dentists who have become extinct like the dinosaur. However I do not see this blog attacking them for there excessive income and their failure to support the British Public who subsidized their education. Mr Deman's education was not subsidized by the British Public it was paid for by himself and his extended family like many ethnic minorities who served the NHS. Why do we therefore feel aggrieved by his victories in regard to racial discrimination in view that he had less than 5% chance of success and his claims had substantial merits to succeed. The British have always supported the underdog unless they were the facist/nazi or zionist persuasion. However in regard to this blog I can only consider that a slave mentality still exists amongst the members in regard to ethnic minorities who they consider should be grateful firstly for being given a job but should not question this societies policies. I consider this in view of the globalization of our society to be a breach of the rights to free trade and equality against discrimination. One sees this bigotry amongst many of those educated at Oxbrick who failed to achieve there ambitions and then look at there life and be-moan why other less fortunate proved more able in view of their considerable advantages. Now like those who run this blog there only role is to stand by the road side stoning those who did what was right and won despite the overriding odds against a discriminatory society and a biased Judicial system. See http:\\cemkumar@ yahoo.co.uk Dr.D'Silva's Bumpy ride at the EAT.

I see you have also attracted the attentions of Jenny Mayo-Deman, Dr Suresh Deman's wife and Dr Claudius D'Silva, one of his supporters who appears to be tied up in some front organisation calling themselves Council for Ethnic Minority[sic].

Luckily for you, you haven't defended your right to free speech because otherwise you'd probably be on the receiving end of the same racist bile and threats of legal action that I am getting.

http://www.wonkosworld.co.uk/wordpress/2007/11/20/send-him-home/

We are surprised Mr Stuart Parr alias Woncotsane popped up on your website having lost the dabate on his own website. He blocked posting from every one, including the CEM, Dr DSilva, Mr Graham, Mrs Jenny Mayo, etc,, who did not share his white supremacist and racially motivated opinions based on falsehood. Basically he has chickened out and sent e-mail to Mrs Mayo-Deman's employer to cause her detriment on the basis of fasle accusations. He also threatened Dr D'Silva along the same line. He is an enmey of free speech as he abuses it. He refused to provide us his mailing address to avoid legal action. We got his e-mail and soon we will get his address to serve upon him Pre Action Protocol notice.

Dear Sir/Madam:

I wrote to Mr Sturat Parr (Wonko Web) beacuse I believe he has been misusing the notion of 'free speech' as factual accuracy is very important to justify it.

Dear Mr Parr:

I remained patient so far and people gave you an opportunity to retract your beastly nonsense. However, your intolerance for others' opinions is demonstrated by the fact that now you conveniently chose to become a victim having oppressed everyone with your nefarious and savagely campaign.

Mrs Mayo-Deman is an individual in her own mind and is entitled to express her views. Your . She is not in my pocket and how could you be sure she my wife? attempt to question her Independence shows own sexual bias. You tried to intimidate her through her employer by way of speculating things which are false. You made similar threat against Dr DSilva. Let us continue the debate on your Wonko website and let the people decide who is derange rather than starting a new campaign in a disguised manner on other websites. We will find anywhere you go. I put US Supreme Court Justice Mr Clarence Thomas' foot in his mouth and I will do to Labour Party Zionist Mafia like Trevor Phillips, David Triesman and Co. For your kind information you are under the delusion that I have been prevented from taking up an action in the County Court and High Courts. I just had a 2 day hearing on my 3 claims against Mr. Trevor Phillips and Co., in the Central London Justice Centre, 26 Regent Park, London and recently EAT has granted me permission to go ahead with a cost order against the University of Manchester and a hearing for summary judgement against European School of Economic has been listed on 25 July 2008. You better go and find out or come to the hearing and make informed judgement rather than bullshitting around.

You say the company that work for has no assets but if found guilty you and your compampany could be declared bankrupt. I must admit you are so far out of reality that not even psychiatrist could help you. Please go to Police against me so that I could get your addresr of service for serving upon you court summons.



Suresh Deman

Futher I wrote but doe snot allow my comment on his website although he has written so much against me.

Dear Mr Parr

I don't know who the hell you are but I can only sympathise with your belligerent conduct as the difference between the beast and human beings is that beast have horns outside for their own protection but human beings have them inside which they use to hurt many victims like Dr D'Silva, Mrs. Mayo-Deman and myself. People like you must be dealt with extreme care.

S Deman

You're only surprised because you obviously don't normally get people standing up to your bullying. Of course, you haven't told the full story have you?

So far I have been called a white supremecist, a racist ignorant, a zionist Labour mafia collaborator, dozy, sexist, a paid harasser or stalker, a firebrand racist, a racist idiotic jerk, a self-entangled racist idiotic jerk, an under achiever and chicken shit variously by Dr D’Silva, Mrs Mayo-Deman and Council for Ethnic Minority. Mostly by Council for Ethnic Minority actually.

Your comments had to be blocked because of the racially abusive, threatening comments you were posting despite being asked several times to stop harassing me.

I don't give in to bullies, especially not bullies who spend their lives playing the race card. Like I told you Dr Deman, I have no assets and the company that publishes my blog has no assets - apart from the fact that I haven't broken any laws, you wouldn't get any money out of me or the publisher because there isn't any. You'll have to find another source for your legal fund.

Don't rise to this Wonko, it's not worth the time. We all know what he is and what he does. He and his CEM cronies will just keep on trying to bait you. I'm not sure why he is picking on blogs though, perhaps he is looking for new people to sue, now that he can't take universities to court any more. If you want to know more about his tactics, read this - http://www.employmentappeals.gov.uk/Public/Upload/06_0113ResfhAMRN.doc