The Balance Sheet (Wishing Bear Farewell)

The Balance Sheet (Wishing Bear Farewell)The Balance Sheet (Wishing Bear Farewell)Approximate market value of Bear Stearns shares in billions of dollars in January 2007 20,000,000,000 Length of shareholder meeting in minutes during which Bear shareholders approved the purchase by JPMorgan for $10a share 10 Bid on eBay in dollars for Bear Stearns Residential Mortgage coffee mug at 1022 a.m. this morning (approximately 30 minutes before shareholders approved the JPMorgan deal) 2.24 Bid on eBay in dollars for Bear Stearns Residential Mortgage coffee mug at 1242 p.m. this morning (approximately 90 minutes after shareholders approved the JPMorgan deal) 15.50 Percent rise in bid 692 JPMorgans initial expected approximate cost of acquiring Bear Stearns in dollars 6,000,000,000 Realistic estimate of JPMorgans cost of acquiring Bear Stearns in dollars, after it took on half of Bears operating losses 9,000,000,000 Number of executives working in the investment banking teilen at JPMorgan one we ek ago 1,000 Number of JPMorgan investment banking executives laid off over the past week 200 Percent of JPMorgan mergers and acquisitions bankers who were recently told they no longer have jobs 50 Approximate percent of Bear Stearns employees that will be retained by JP Morgan 45 Number of announced bank layoffs worldwide since August 2007 65,000 Bear Stearns life span in years 85 Age at which Warren Buffet filed his first income tax return, on which he deducted his bicycle as a work expense for $35 13 Amount of subordinated debt that Wrigley will tap from Buffets Berkshire Hathaway in dollars to complete its deal with Mars 4,400,000,000 Approximate size of the Mars-Wrigley deal financed by JPMorgan in dollars 23,000,000,000 Year that Juicy Fruit, the oldest Wrigleys brand, was introduced in the U.S. 1893 Rank of Juicy Fruit among gum brands bought by U.S. children 1 Advisory fee in dollars collected by Goldman Sachs for its part in the Mars-Wrigley deal 46,000,000 Fees in dollars collected by Morgan Stanley for its advice in the merger between Northwest and Delta 42,000,000 Number of deals that have ever produced more than $40 million in fees to an individual bank 5

Customize this Outstanding Entry Level Loan Officers and Counselors Resume Template

Customize this Outstanding Entry Level Loan Officers and Counselors Resume TemplateCustomize this Outstanding Entry Level Loan Officers and Counselors Resume TemplateYour resume is the document that introduces you to the working world, so it needs to have a fully professional appearance, especially if youre seeking an entry-level position in a competitive field. Choosing the right design and laying out the information clearly can help hiring managers feel confident about you.If youre seeing an entry-level position as a loan officer or counselor, you need to highlight previous banking, real estate, or finance positions youve held. Your prospective employer will also want to see that you have an employment history of teamwork and working well with customers.Check out the entry-level loan officers and counselors resume sample to figure out the best way to show off your skills and experience on paper. Create ResumeGabriel Campbell100 Main Street, Cityplace, CA, 91019 Home(555) 322-7337 Cell (555) 322-7337 example-emailexample.comSummaryEnthusiastic Loan Officer who provides excellent customer service throughout the loan origination process. Consistentlyexceeds abverkauf expectations. Self-motivated professional highly proficient in developing creative solutions andimplementing objective decision making. Maintains positive attitude and works hard to build team relationships.Knowledgeable and innovative finance, sales and marketing professional whose success is based on integrity,exceptional customer service, efficiency and ambition.ExperienceMember Relationship Specialist IIIJune 2005 to Current, VYSTAR CREDIT UNION Orange Park, FLPerformed daily maintenance of the loan applicant databaseEducated customers on the variety of loan products and available credit optionsAnalyzed applicants financial status, credit and property evaluation to determine feasibility of granting loanProvided expert financial advice on mortgage and both educational and personal loansExecuted the loan origination process including ordering credit reportsExperience in opening accounts such as savings, checking, money market and certificate of deposit accountsConsistently exceeded monthly sales goalsSuccessfully ran a special project that helped the companys sales and increased the bottom lineCreated graphs and reports to show progress which were provided directly to managementEducationHIGH SCHOOL DIPLOMA ACCOUNTING, 1990 Phillip Randolph Skills Center-Jacksonville, FLHIGH SCHOOL DIPLOMA 1990, William Raines High School-Jacksonville, FL, United StatesAccomplishmentsPromoted to Member Relationship Specialist level III after 3 yrs of employment.I received Employee of the Quarter Award for being a top performer in my unit.In performance reviews I scored a grade of Outstanding in all 15 categories graded which is expectations.Im a self starter and pro-active.Implemented several strategies that successfully worked in making geschftsleben run more proficiently.I take pride in a ccuracy and making sure the job is done correctly the first time.Im considered to be one of the top performers in the Service Center. Customize ResumeEntry-Level Loan Officers and Counselors Resume Questions1. If youve never held an entry-level loan officers and counselors job before, how do you make an entry-level loan officers and counselors resume?It is fruchtwein difficult to create a resume when you have little or no experience. This is because most resumes rely heavily on the writers previous jobs. To see what a good first job resume looks like, take a look at our entry-level loan officers and counselors resume sample.One of the best approaches to creating an entry-level resume is to focus on your education section. You can also include details about any internship or volunteer work you have done. Using our resume builder makes writing an entry-level resume effortless.2. Whats the best way to show you work well in a team on an entry-level loan officers and counselors resume? The best way to demonstrate any quality on your resume, whether it is teamwork or something else, is to integrate it into every section of your resume. Working well with others is a vital skill in loan officer and counselor positions, so you should mention it multiple times. It should appear in your summary, skills, and experience sections. You can check the entry-level loan officers and counselors resume sample for ideas of how to include this aspect in your resume.3. What goes in the header of an entry-level loan officers and counselors resume?The header at the top of your resume should include your personal information so the hiring manager can contact you. It should, however, be minimal and almost unnoticeable. You can see this in action in the entry-level loan officers and counselors resume sample. The information you need to include is your full name, email address, and phone number4. Whats the best format for a resume PDF, MS Word, or txt?There is actually no standard format for resumes. Most hiring managers do not have an opinion that you use, as long as it is one of the common file types. If a particular hiring manager does require your resume to be in a certain format, he or she will include this information in the job posting. Otherwise, you can use whichever format you are most comfortable with. Remember to focus on the content of your resume by reviewing our entry-level loan officers and counselors resume sample.5. Whats the best length for an entry-level loan officers and counselors resume?Surprisingly, the length of your resume is very important. Resumes that are too short make the applicant look unqualified, and if they are too long you run the risk of the hiring manager losing interest. We recommend making your resume one full page without bleeding onto a second page. If you have more than 10 years of working experience, you can use a second page, but entry-level professionals should limit themselves. The entry-level loan officers and counselo rs resume sample demonstrates ways to condense information.More Banking and Financial Services Resumes

Just What Is the Myers-Briggs Assessment Good For

Just What Is the Myers-Briggs Assessment Good For Just What Is the Myers-Briggs Assessment Good For Well, maybe not you in particular. Rather, CPP the exclusive publisher of the Myers-Briggs Type Indicator (MBTI) is unhappy with recruiters and HR departments who use the MBTI as a selection tool. According to Sherrie Haynie, a consultant for CPP who teaches MBTI certification programs, thats not what the test is meant for at all.The MBTI is lumped into what we consider a battery of assessments or tests or tools, and it actually is a standalone tool that is unlike most other assessments that would be used by hiring managers for selection and recruitment, Haynie says. The design of the MBTI is strictly for development. Its strictly for employee development, onboarding, manager development, leadership development, and team development.The MBTI does not evaluate candidates. It does not predict performance or cultural fit or any of the other criteria by which employers hire candidates. There are a lot of great tools out there for selection and recruitment, and their purpose is to actually identify characteristics that we can judge, characteristics that would be a good fit or not a good fit for a particular job, Haynie explains. Those kinds of tools evaluate particular skills or knowledge or abilities, but the MBTI welches not designed to judge or evaluate skills or knowledge or abilities. It was designed to help people in a non-judgmental way identify what their blind spots are and what their strengths are, based on their innate personality characteristics.Still, a plethora of myths or folk tales, as the CPP calls them surround the MBTI. Many employers look to the assessment as a way of screening candidates, rather than developing them. This is why CPP has decided to create a series of infographics dispelling the common misconceptions people hold about the MBTI, one of which is available at the end of this post.Its difficult to account for all the reasons why th e common perception of the MBTI is so far off from the assessments actual uses and purpose, but Haynie believes we can partially chalk it up to the ways in which many of us first learn about the MBTI. Its often introduced in MBA programs or Ph.D. programs, where participants or students receive a brief overview from someone who does not have direct experience utilizing the tool, Haynie explains.Because the MBTI is such a specific tool, designed for a specific purpose, CPP requires that all purchasers of the assessment go through rigorous certification processes. This helps CPP ensure the continued relevance and integrity of the MBTI itself, and it also deters misuse of the assessment. Still, Haynie says, CPP has seen a number of employers improperly use the MBTI as a selection tool.Unfortunately, what happens is someone who is not certified gets their hands on the test through an unethical avenue, and they may use the tool for screening, Haynie says.Used as a selection tool, the MBT I can be harmful to individuals.Theyre being judged by a tool that wasnt designed for that purpose, Haynie says. This can lead to misguided hiring decisions qualified, deserving candidates may lose out on positions in which they would exceed expectations, and companies may end up hiring the wrong kind of talent.Employers should also note that using the MBTI as a selection tool can have dire legal consequences for them. If a tool is designed for selection, it should meet a certain standard that is held up in a curt of law, Haynie says. Whereas with the MBTI, we are very clear, that because its not a selection tool, you could be held liable as an employer if you use the tool in such a way.Proper Use of the MBTIAs Haynie says, the MBTI is a development tool, not a selection tool. Interested employers should use the MBTI to identify employee strengths and blind spots, so that they might help these employees further leverage their strengths and compensate for their blind spots.This tool helps an individual identify what some of their inborn characteristics are, Haynie says. It provides a unique opportunity to not judge, but rather acknowledge that, similar to cultural diversity, we also have personality diversity, and it gives us a common language to talk about our differences.When employers use the MBTI to identify employee strengths and weaknesses, they can use this knowledge to better help employees grow as workers. Haynie suggests using the MBTI when onboarding a new hire, so as to gain a better view of how the company can leverage the hires natural talents. Haynie also notes that the MBTI is useful for building more efficient teams and developing potential leaders. We can learn to be a better team and be more effective together, if we can leverage each others strengths and help each other to overcome and compensate for our blind spots, she says.It is also important to note that the MBTI does not measure how much of a certain characteristic a person has. That i s, the assessment does not evaluate how personable or creative or logical a candidate is. The Myers-Briggs looks more at innate wiring and a preference for certain characteristics, like extroversion or introversion, she says. Employers need other tools to measure and compare how much of the behavior people show.While the MBTI identifies the preferences people have for certain characteristics or behaviors, it does not predict how people will act at work. Thats important and really critical for people to understand, because an employee might have a preference for introversion, for example, but at work, they have to stand up in front of large groups of people, and they have to learn to spend lots of time with colleagues and coworkers, Haynie says. If they understand this about themselves, it helps them to see that while they can absolutely perform and be very successful, its going to require more of their energy.The takeaway is that a candidate who tends toward introversion, for exampl e, is not necessarily a candidate who cannot perform an extroverted role with aplomb. The MBTI does not tell us what people can or cant do it only tells us what people innately prefer to do.The MBTI in no way defines everything that there is to know about a person, Haynie says. Theres not one tool out there that is like a magic wand. You have to have a battery of tools, where each tool serves a different purpose, and the MBTI was designed just for the development purposes.

8 Ways to Jump Start a Legal Career

8 Ways to Jump Start a Legal Career8 Ways to Jump Start a Legal CareerSo, you are considering a legal career but dont know where to begin. The legal services industry is exploding and legal employers are willing to pay top-dollar for competent professionals within-demand skill sets. Below are eight tips for jump-starting a career in the legal field, whether you are a student evaluating career opportunities or an experienced professional transitioning into the legal field.? 01Educate YourselfMaskot / Getty ImagesOne of the best ways to put your legal career in drive is to advance your education. To get ahead in some specialty areas you may need an advanced degree or professional certification. For example, paralegals and legal nurse consultants are obtaining certifications in their field to demonstrate a commitment to the profession and enhance their professional credibility. For lawyers employed in certain niche fields such as tax, an LL.M. might enhance employability. Legal secretar ies with bachelors degrees may have an edge over those without a college education.02Leverage Your ExpertiseIf you have experience or background in another field such as accounting, nursing, engineering or the physical sciences, you can leverage your expertise into new career opportunities in the law, either through consulting or through specialization in your niche area. For example, a strong foundation in engineering or the physical sciences may give you an edge in the field of intellectual property, a background in nursing may open opportunities to work as a legal nurse consultant, and a CPA or accounting degree may open doors in the area of tax law.03Perform a Self-AssessmentBefore embarking on a career path in the law, it is important to conduct an honest self-assessment to determine if a career in the law is a good fit for you. Make a list of your strengths and weaknesses and objectively review your experience and credentials to determine if a career in the law is for you. Ski lls required for all legal professionals include strong writing and communication skills, strict adherence to deadlines, organizational ability, attention to detail and strong technology skills.04Research the FieldCareer disillusionment is not uncommon in the legal profession, particularly among lawyers and paralegals. Therefore, it is wise to read literature and explore websites for information relating to the qualifications, duties, educational requirements, salaries and job outlook relating to the legal ort in which you are interested. You might also visit the career center of a local law school to learn more about law school and the legal field. Talking to lawyers, law students and other legal professionals about the nature of the profession will also increase your knowledge base.05Cultivate Professional ContactsOne of the best ways to learn about the legal profession in general and job opportunities, in particular, is through word of mouth. You should network feverously to gain professional contacts and learn about the profession. Contact area law firms, corporate legal departments, and legal staffing agencies. Attend local chapter meetings, conferences, seminars, and luncheons and talk to people who work in the field to learn more about the profession and available job openings.06Become Tech-Savvy As technological advancements revolutionize the legal industry, it is important to become adept at the technology applications pertinent to the field you wish to enter. Tech-savvy lawyers, paralegals, legal secretaries, litigation support personnel and other legal professionals have a significant advantage in todays legal marketplace.07Locate a MentorFinding a mentor with experience in the legal profession you would like to enter is a great way to jump-start a career in that area. A mentor can educate you regarding the benefits, pitfalls, job prospects, employment outlook, salary and daily tasks of the profession. A mentor can also guide you through the transit ion to a legal career, obere extremitt you with knowledge about the field, refer you new clients and point you toward new opportunities. To find a mentor, contact your local bar association. Many mid-size and large law firms also have established mentoring programs which assign summer interns, law clerks and junior associates to an experienced associate or partner.08Shadow a Legal ProfessionalJob shadowing is a useful career tool that involves following in the footsteps of another professional for a short period of time, usually one or two days. Job shadowing allows you to learn more about the realities of the legal field by observing a professional on the job. Shadowing gives you the opportunity to ask questions about the job, gain a glimpse of a typical work day and make connections in the field. Shadowing also benefits the employer, allowing them to scout out new talent. To find a job shadowing position near you, visit job shadowing websites.Some legal career schools also offer j ob shadowing programs.

Differentiating Your Product

Differentiating Your ProductDifferentiating Your ProductA commodity is a product or service that is sold by multiple sources without any quality distinction. For example, gold is a commodity because wherever it may be mined and by what company, its essentially the same product. Competitively selling a commodity is exceptionally tough because, without some extra benefit to differentiate the product from its competitors, the salesperson cant give a meaningful reason- aside from low price- why the prospect should buy from him and not someone else. Fortunately, few products are truly commodities. A creative approach can find points of difference between just about any product or service. Water is a good example of a commodity transformed into a differentiated product. For a long time, no one cared where their water came from as long as it wasnt poisonous or bad-tasting. Then came the invention of pure bottled water with its avalanche of health and environmental claims. Water companies to ld prospects that their water was oben liegend because it came from a secret source high in the mountains, because it was super-filtered and purified, or because it was full of special vitamins. Today every supermarket boasts shelves and shelves of bottled water from dozens of companies. If these companies can create and maintain a competitive market for water, imagine what you can do for your product with a bit of creative selling Quality, Service Price Salespeople have three basic options for differentiating products quality, service or price. Most companies will choose to focus on one or two of the three product aspects, as its impossible to provide all three and stay solvent. Emphasizing quality and service means spending more money on parts and employees, making it impossible to beat your competitors prices. Unless you are in a position to dictate company policy, your options will be somewhat restricted by the companys decision as to which areas to emphasize. However, mo st salespeople will find that they do have some leeway. For example, your ?sales manager may allow you to offer an extended warranty to a promising prospect, which allows you to differentiate on either service or quality (depending on how you pitch it). Price differenziation is usually the least desirable option for a salesperson because you will end up paying for- in the short term, with a smaller commission check in the long term, because customers will come to expect those lower prices in the future. Offering a discount should be a last resort if quality and service differentiation fails. You can differentiate on quality by pointing out features of your product that are missing from its competitors. A little company research may uncover other plusses, such as extra quality assurance during the manufacturing process or an above-average reliability record. Other quality options include a free trial before purchase (which gives the prospect a chance to see how exceptional your produ ct is) or a warranty period after purchase. Service differentiation often has to do with how the prospect is treated after purchase. Giving your prospect the royal treatment during the sales cycle will reassure him that your company will continue in the same vein after he buys. Customer testimonials can also help. And cultivating allies among your coworkers from other departments can be extremely helpful. A friend in the shipping department who can arrange for quick, hassle-free delivery or a tech support rep who will do you a favor by providing extra help with setup will go far to differentiate your companys service in your prospects eyes.

A Review of Sample Teen Resume

A Review of Sample Teen Resume The Foolproof Sample Teen Resume Strategy Folks are usually asked to provide self descriptions when theyre asking for a new job or an internship. There are all kinds of jobs out there waiting for an applicant just like you. Resumes give potential employers a means to learn about applicants quickly and readily, and theyre your very first step toward new job opportunities. They may be organized in different ways. Different job postings will have different keyword phrases, different job duties listed, and so forth. The exemplary housekeeper job search resources will allow you to develop a winning job application. It is possible to even leave off a full job if it is not pertinent to your existing job search. Resumes may be used for a number of reasons, but fruchtwein often theyre utilized to secure new employment. Since you likely dont have a good deal of Work Experience, you can include your Achievements as a distinct section. You may be an excel lent team player. Next, you are going to discover how to earn a college resume prepared for the big leagues However tempting it may be to stretch the truth, lying on your resume is always a poor idea. Every component of your resume needs to be custom-tailored to the particular needs of each work position. Make certain you are mentioning the most relevant skills with excellent clarity. Its possible for you to display your work history, but in addition fill in more space by talking about your abilities and other knowledge youve got. Theres no fixed rule regarding how you should write your resume. Many accountant resume samples you will see online dont supply the amount of detail needed to assist you to structure yours. Youre going to see the very best college application resume on Earth. A good can be difficult to discover so here is a good sample resume to assist you begin. Employers want to understand what you could do for them, how you are going to benefit their compan ies, how youll impact their bottom lines. If youve received awards during the plan of your education, you might want your heading to read Education and Awards. Continue reading to discover more, and dont neglect to have a look at our sample high school resume for inspiration If you dont have work experience, you may use the cover letter for high school students without work experience for a template. A great means to start on your resume as a high school student is to have a look at examples of resumes and read tips about what to include and the way to format your resume. Most high school students have a tendency to make an application for a food services position. Fortunately, you may create a resume that highlights your skills even when you have no work experience. In reality, you could always create a compelling and strong resume that could brandish all of your relevant skills and experience for you to ultimately get the job you want. Make sure that the skills are related to the job which you desire. If youre applying for your first job and have zero experience, it can be challenging to determine how to structure it. Ultimately, write by the side of all the months and years of experience youve got for every one of the skills you have listed. Once you are in possession of a new experience, add it. You could also have volunteer experience. How you are going to help (provide a superb service experience) 4. The Battle Over Sample Teen Resume and How to Win It You only have to be confident and work with what you currently have. Even when you have very limited work experience, include whatever you have done. You may have helped your company gather vital info in your part-time job, while its on the lookout for potential new customers or researching an upcoming article. Even in case youve never held an official job, its still true that you have life experience thats applicable to the work search.

Talking to Employees Face-to-Face vs. Email - Spark Hire

Talking to Employees Face-to-Face vs. Email - Spark HireYour job isnt always a pleasant one sometimes you need to be the bad guy. While you get to be a pillar of support and help, you also have to be the heavy hand from time-to-time. There are many varying situations that will cause you to communicate with employees from day-to-day, but how you go about it is a very important parte of building relationships in the office.The two modes of office communication you will use most are face-to-face confrontations and email. While both are great ways to communicate, they also come with pitfalls if used in the wrong situations. Below are several tips that will help you choose between email and face-to-face confrontations when it comes to office communicationsEmailEmail is great because you can communicate with many people at once and save yourself hours and hours of time. They are also great for sending out minor reminders and memos to individual employees, and communicating with people outs ide of the office. Technology has made things much easier for the professional world to function, but its important to bedrngnis overdo it.Too much of a good thing is a bad thing so its important to notlage overuse email for office communications. If you need to reprimand anyone or remind someone of something they havent finished yet that they still need to, do not use email if you can avoid it. Meet them in person and tell them face-to-face. Email is impersonal and employees dont like to be told what to do and not to do from a screen. Also do not reprimand anyone in a public email if you have to do it that way. Thats humiliating, not conducive to a positive work environment, and may lead to an unsatisfied employee.Face-to-FaceBut where email fails in office communication, talking to someone face-to-face picks up the slack. When messages are of a more personal nature, go out of your way to talk to someone in-person. This can show the employee that you arent just some overseer who se es a name and information and sends out messages accordingly, but that you know them and care enough to go talk to them. It makes you a real person and will strengthen the overall bond between you and your coworkers.Of course, these talks are much slower than email so if you have to send out a message to many people at once do so through email. Theres no point in sacrificing efficiency to tell the same thing to a hundred people.What do you find to be the most effective ways to communicate with employees in specificsituations? Share in the commentsIMAGE Courtesy of Flickr by Micky Aldridge