Stock Brokerage Industry

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Stock Brokerage Industry
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Chicago Flood of 1992by
Wyman Louie Dave Wenthold
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What Happened?

• History of the Chicago Tunnels
• April 13, 1992
• What Now?

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The Chicago Tunnel
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The Injured
Thirty Data Centers A state agency Two
colleges USG Corp. Chicago Board
of Trade!
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Whew!

• Admiral Law
• Water Damage? Flood Damage?
• Water Damage-Water damage is defined as an
  overflow or accident coming from within a
  plumbing, heating, or air-conditioning system or
  from within a household appliance (from text).
• Flood Events
• 1) Overflow of inland waters or tidal waves
• 2) Unusual and rapid accumulation of run-off of
  surface waters
• 3) Mudslides
• 4) Excessive erosion along the shore of a lake
  or any other body of water
• 5) Erosion or undermining caused by a body of
  water exceeding its anticipated cyclical
  levels

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Problems Solutions Resulting From the Flood...

• 1) We need to get GOING!
• Restoring Operations
• Distributing cellular phones, laptops, fax
  machines and copy machines
• Establishing temporary operations in hotel rooms
• Rerouting phone lines to hotels.
• 2) When Where do we come back?
• A disaster recovery plan!

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Were On Our Way!

• Disaster Recovery Plan
• 1) Evacuating the handicapped and disabled when
  elevators are out.
• 2) Relocating records, electric and
  telecommunication service, and computing
  activities out of the basement.
• 3) Notifying employees about when and where to
  return to work when operations are restored at
  another site.
• 4) Establishing a working relationship with a
  specialist in the cleanup of flood and fire
  damaged buildings.
• 5) Arranging to replace storage batteries and
  other devices that are damaged.

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More Help!

• Federal Emergency Management Agency (FEMA)
• Small Business Administration (SBA)

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Wrapping Up
What can businesses do to prevent events like the
Chicago Flood from happening to them? 1) Take
Preventive Measures 2) Plan For The Worst 3)
Expect The Worst To Happen