All New Wilmott Jobs Board                     (g)

Business Talent Group: Consulting Opportunities

 

Business Talent Group (BTG) is redesigning the way work gets done.

BTG has created an efficient marketplace for independent talent (consultants and executives with industry experience) to connect with companies for project-based work. They bring companies a solution that’s both more agile than permanent hires and more cost-effective than traditional consulting. BTG brings Talent access to top clients and assignments—from growth and strategy to innovation and process improvement. It’s a new way to tackle business challenges, and BTG is leading the charge.  

Please learn more here.

New Orleans' Harry Connick Jr: "Beginning to Look a Lot Like Christmas"

 

Connick, a New Orleans native, is a founder of the Krewe of Orpheus, a music-based New Orleans krewe, taking its name from Orpheus of classical mythology. The Krewe of Orpheus parades on St. Charles Avenue and Canal Street in New Orleans on Lundi Gras (Fat Monday) — the day before Mardi Gras (Fat Tuesday).

On September 2, 2005, Harry Connick, Jr., helped to organize, and appeared in, the NBC-sponsored live telethon concert, A Concert for Hurricane Relief, for relief in the wake ofHurricane Katrina. He spent several days touring the city to draw attention to the plight of citizens stranded at the Ernest N. Morial Convention Center and other places. At the concert he paired with host Matt Lauer, and entertainers including Tim McGrawFaith HillKanye WestMike Myers, and John Goodman.

New York Mag says "we were duped" by $72 million teen trader

 

NEW YORK (CNNMoney)

New York Magazine issued an apology to its readers Tuesday morning, acknowledging the editors were "duped" by the teen stock trader rumored to have made $72 million.

"Our fact-checking process was obviously inadequate; we take full responsibility and we should have known better. New York apologizes to our readers," the note read.

The note was added to the profile of 17-year-old Mohammed Islam, featured as part of the magazine's "Reasons to love New York" issue.

It was the second editor's note in 24 hours. The first came late Monday night after the New York Observerran an interview with Islam in which he admitted to making the story up.

Please read more here.

New Orleans' Mahalia Jackson: "O Holy Night"

Mrs. Mahalia Jackson was born on October 26, 1911 as Mahala Jackson and nicknamed "Halie". Jackson grew up in the Black Pearl section of the Carrollton neighborhood of uptown New Orleans. The 3-room dwelling on Pitt Street housed 13 people and a dog. This included Little Mahala (named after her aunt, Mahala Clark-Paul whom the family called Aunt Duke); her brother Roosevelt Hunter, whom they called Peter; and her mother Charity Clark, who worked as both a maid and a laundress. Several aunts and cousins lived in the house as well... 

 

I can just slap myself. As a kid growing up in New Orleans I just took all the great music and musicians for granted. I naively assumed it was normal to hear beautiful music all the time - practically everywhere. Having traveled the world I eventually learned that is not always the case.  Now I really appreciate all the great musicians from my hometown.

Enjoy!

New York Post: 17 y.o. kid makes $72M trading stocks (on his school lunch breaks)

 

 

By Laura Italiano

He’s the teen wolf of Wall Street.

A kid from Queens has made tens of millions of dollars — by trading stocks on his lunch breaks at Stuyvesant High School, New York magazine reports in its Monday issue.

Mohammed Islam is only 17 and still months away from graduating — but worth a rumored $72 million. “The high eight figures,” is as specific as the shy and modest teen would get when asked his net worth.

Islam bought himself a BMW but doesn’t have a license to drive it. And he rented a Manhattan apartment, though his parents, immigrants from the Bengal region of South Asia, won’t let him move out of the house yet.

Still, the cherubic prodigy is living, and dreaming, large.

Please read more on the New York Post.

Bloomberg: Quants Make Money From Plunge in Oil Prices

 

Scientists, mathematicians and engineers are beating star managers by capturing price discrepancies across markets, making money from a plunge in oil prices and on government bonds that human traders dismissed...

Quants are succeeding as some of the most well known stock and bond pickers struggle in forecasting the outcome of corporate mergers or gauging the impact of central bankers on markets. Richard Perry, Jeffrey Altman and Paul Tudor Jones are underperforming equity and credit indexes this year; billionaire John Paulson has lost 27 percent in his event-driven fund and hedge funds are closing at a rate not seen since the financial crisis.

Please read more here.

"Wolf of Wall Street" ending - "Cast Your Fate to the Wind"

I had the "Wolf of Wall Street" movie playing while grading final exams, projects and trading competitions.  It was a long, crazy, exhausting movie to watch - almost 3 hours long.  My biggest surprise was the really nice music at the end of the movie - "Cast Your Fate to the Wind". My dad used to play this song when I was a kid. 

Treasury Department Seeking Survival Kits For All Bank Employees

 

Emergency masks, solar blankets to be delivered to every major bank in the U.S.

 

by Elizabeth Harrington

The Department of Treasury is seeking to order survival kits for all of its employees who oversee the federal banking system, according to a new solicitation.

The emergency supplies would be for every employee at the Office of the Comptroller of the Currency (OCC), which conducts on-site reviews of banks throughout the country. The survival kit includes everything from water purification tablets to solar blankets.

The government is willing to spend up to $200,000 on the kits, according to the solicitation released on Dec. 4.

The survival kits must come in a fanny-pack or backpack that can fit all of the items, including a 33-piece personal first aid kit with “decongestant tablets,” a variety of bandages, and medicines.

The kits must also include a “reusable solar blanket” 52 by 84 inches long, a 2,400-calorie food bar, “50 water purification tablets,” a “dust mask,” “one-size fits all poncho with hood,” a rechargeable lantern with built-in radio, and an “Air-Aid emergency mask” for protection against airborne viruses.

Survival kits will be delivered to every major bank in the United States including Bank of America, American Express Bank, BMO Financial Corp., Capitol One Financial Corporation, Citigroup, Inc., JPMorgan Chase & Company, and Wells Fargo.

Please read more here.

ZeroHedge: "Riddles" Surround 36th Dead Banker Of The Year

 

52-year-old Belgian Geert Tack - a private banker for ING who managed portfolios for wealthy individuals - was described as 'impeccable', 'sporty', 'cared-for', and 'successful' and so as Vermist reports, after disappearing a month ago, the appearance of his body off the coast of Ostend is surrounded by riddles...

 

Tack disappeared on November 5th...

 
 

Impeccable. Sporty. Cared for. Successful. Just some qualifications that are attributed to the 52-year-old from the Belgian Geert Tack Haaltert.

 

 

 

Please read more here.

Huffington Post: Wall Street Derivatives Bailout?

Source:  The Market Oracle

 

 

by Zach Carter

Huffington Post

 

WASHINGTON -- Wall Street lobbyists are trying to secure taxpayer backing for many derivatives trades as part of budget talks to avert a government shutdown.

According to multiple Democratic sources, banks are pushing hard to include the controversial provision in funding legislation that would keep the government operating after Dec. 11. Top negotiators in the House are taking the derivatives provision seriously, and may include it in the final bill, the sources said.

The bank perks are not a traditional budget item. They would allow financial institutions to trade certain financial derivatives from subsidiaries that are insured by the Federal Deposit Insurance Corp. -- potentially putting taxpayers on the hook for losses caused by the risky contracts. Big Wall Street banks had typically traded derivatives from these FDIC-backed units, but the 2010 Dodd-Frank financial reform law required them to move many of the transactions to other subsidiaries that are not insured by taxpayers.

Please read more here.

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