Photo courtesy of Janet Stengle Members of the three winning halls, Stanford, Farley and Carroll, pose with plaques honoring their dorms’ achievements. The Hall of the Year winners were announced in an event held at Legends.HPC co-chair Christina Fernandez said the halls were selected through an extensive evaluation process.“The halls throughout the year submit seven Rockne reports, which adds up to one a month, in which they detail events they have, who attended [and] what the purpose of the event was,” she said. “All [the halls’] presentations detail the work that they’ve done this year — what were their goals, did they achieve them how did they do so, how did they impact residents personal growth.”Fernandez said each dorm’s unique approach to residence life was crucial in selecting victors.“Each hall caters to its residents’ needs differently and that’s something very valuable for us,” she said.Andrew Foster, president of Hall of the Year recipient Stanford Hall, said the dorm made strides in growing an already strong community this year. “It was really just everyone getting out, everyone really forming that good group of people in Stanford Hall — people who are proud to be there,” he said.Stanford Hall vice president, Matt Geenen said a new mantra help to motivate the dorm to be its best.“We had the mantra of ‘record year’ and everyone just really got behind that and it went towards everything we did,” he said. “… I think it was the whole mentality of the dorm, everyone just really rallied behind it.”This spirit, Geenen said, was shown in events put on by the dorm throughout the year.“I think our new signature event, the Irish Iron Classic, went super well,” he said. “We raised over $1,000 for the center for the homeless. Just having guys from across campus come and lift weights, something they don’t get to do or compete in often I think it was a really great event we did this year.” A similar sense of community helped motivate Carroll Hall, the Men’s Hall of the year, to stage new events and make its community tighter. This growing bond was easy to forge despite changes in the hall, Carroll vice president John McCormack said.“The fact that we had a new rector, two new [assistant rectors], a new cleaning lady … that was just by the wayside,” he said. “[The hall] was [about how] we’re a family, we’re a community and we’re going to take this place to heights it’s never been.” Carroll Hall president Andrew Rebholz said new events were key in helping with the changes.“It’s a lot about making sure the events that we have — we have a lot of events, maybe three a week — are good opportunities to bond,” he said. “[We want to make sure] people come to those and make those the best activities that they could be.”Rebholz said these events were more constructive than in years past.“I would say that if anything changed it was having events based not just on having fun but having discussion events,” he said. “We added a lot of dialogue in Carroll this year which was awesome to see because people could bond on a more spiritual and mental level which is pretty nice to have.”Carly Gray, vice president of Women’s Hall of the Year recipient Farley Hall, said successful execution of the dorm’s signature event was key to Farley’s success.“I think we really pulled off an incredible Be Fine Day,” Gray said. “We were really proud of how much progress we made in terms of that signature event.”A shared sense of community was also cited by Gray as a source of pride for the hall this year.“We work[ed] with hall staff to really create a bond between Farley sisters,” she said. “It’s … people having strong relationships within the hall and caring about the hall so they come to events and participate in the community. You felt a really great presence on campus this year.”Tags: Carroll Hall, Farley Hall, Hall of the year, HPC, Stanford Hall Notre Dame’s Student Leadership Awards Banquet took place Monday evening at Legends where Hall Presidents Council (HPC) announced Stanford Hall as its Hall of the Year. Men’s Hall of the Year and Women’s Hall of the Year were also announced with Carroll Hall and Farley Hall taking home the awards respectively.
The Federal Housing Finance Agency (FHFA) should work to ensure that Fannie Mae and Freddie Mac activities, including credit risk transfers, do not give advantages to lenders that conduct larger amount of business with the enterprises, CUNA believes.CUNA submitted a comment letter this week on the FHFA’s request for input on single-family credit risk transfers.In its letter, CUNA highlighted the types of credit risk transfer strategies that work best for small lenders. According to CUNA, those strategies have 2 primary features:They are “volume-blind,” in that they do not require a particular number of originations in order to make economic sense for a given lender; andThey do not require significant risk-retention for smaller lenders who are generally less equipped and do not have the capacity or flexibility on their balance sheet to manage that risk effectively.In the letter, CUNA also urged the FHFA to refrain from increasing guarantee fees, which are used to protect against credit-related losses in the mortgage portfolios of Fannie Mae and Freddie Mac, arbitrarily without regard to the risk profile of the loans guaranteed by Fannie and Freddie. continue reading » 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
Too much self-interest in banking makes the sector dangerously fragile, exposes the public to unnecessary risks and distorts the economy, according to Anat Admati, George GC Parker professor of finance and economics at the Graduate School of Business at Stanford University in the US.Addressing the IPE Awards Seminar in Noordwijk, the Netherlands, yesterday, she said: “There are things to do about [the failing banking system], but they may not get done, unfortunately. There is a lot of politics and a lot of confusion and a lot of self-interest in this.”That is a governance problem, and it goes all the way to the politicians. Key to the observation is that banking is not a system, right now especially, where markets work. It requires firm and effective regulation, sensible regulation.”The root cause of the problem is that banks hold a lot of leverage, unborrowed funding, with the loss-absorbing equity ratio on their balance sheets being too small. “The credit crunch did happen not because they had too much equity but because they had too much debt,” she said. “Banks make bad lending decisions – too little or too much, boom and bust or too much and too little at the same time.”She added that, “even now, the continued weakness and distorted incentives of banks dampen new lending that would help economic recovery”.Instead of the small amounts of equity banks currently hold – around 5% – Admati suggested they ought to hold an equity ratio of 20-30%.Holding more equity is not expensive she said.In addition, some of the risks taken in the current banking sector, such as excessive leverage risks, benefit only the very select few – while many will suffer.And while regulators have authority, she accused them of lacking the political will to change things.Admati believes some banks may no longer be viable.In the preface for her book ‘The Bankers’ New Clothes’, published earlier this year, she writes: “A cleanup of such banks and of the financial system is important even if it means eliminating or shrinking some banks.”Hiding from reality and providing public support to banks that cannot otherwise survive or which are too big and too complex to control, as governments all over the world are doing, is dangerous and expensive.”
A large number of Dutch pension savers still trust the country’s system of solidarity and collective risk-sharing, despite those pushing for individual accounts being the most vocal, the CIO for Rabobank’s pension fund has suggested.Bernard Walschots also predicted the eventual outcome of the current pension reform debate, led by state secretary for Social Affairs Jetta Klijnsma, would nevertheless be a shift away from collectivity.“My feeling is the new pensions second pillar will meet calls for less collectivity and more individual pension accounts during the accrual stage of the entitlements,” he said while speaking at the second-annual pension funds in CEE conference in Prague.“This would eliminate some of the most heavily criticised elements of the present system – namely, the uniform contribution rate [agreed for each pension fund] and the potential conflict between the young members and those that already receive a pension.” He said any such changes would see the amount of regulation reduced, with the rules dictating the entitlements drawn from collective capital replaced with explicit, rather than implicit, benefits.Any such changes would increase the number of collective defined contribution (CDC) arrangements, an option Rabobank has recently chosen for its own provision, in turn brought about by listed companies no longer wishing to have a defined benefit system on the balance sheet.Walschots predicted the new Dutch pension system would see collectivity preserved when it came to the payout phase, with longevity and investment risk pooled across cohorts of retirees.He said there was still support for solidarity within the pension system, despite a recent call by some for greater emphasis on individual retirement accounts.“A lot of people in the Netherlands still adhere very much to our system,” he said of the collective, mandatory approach.“Some of the more vocal people are more in favour of a more individualistic system in which there is also a lot of choice.”However, Walschots dismissed the idea of choice, arguing that it increased costs. He said that, in his experience from offering members investment choice, even those employed by a financial institution such as Rabobank were less inclined to avail themselves of such choice – with only around 10% of members opting away from the default investment option.
Gasworks (AAP Image/Josh Woning) The building was once the Breakfast Creek/Newstead Police StationThe Queensland Police Museum’s ‘From the Vault’ historical diaries outline the history of the house and station, which was initially used as a married quarters for local police.“The original house, built about 1919 for Brisbane tailor, Thomas T. Barry, was one of a number of houses in the area at that time following suburban expansion after World War 1,” the excerpt said. “It is the last remaining dwelling on Breakfast Creek Road, now the main commercial artery between the Valley and Breakfast Creek Bridge. “The tall, timber building at the rear of the property, built pre-1914, was relocated from the old Breakfast Creek Police Station near Newstead Avenue. “It included single-men’s quarters and a police cell.” A rear view of the propertyThe property was owned by the Queensland Police Service until 2006.Property records show that the vendor, The State of Queensland, was paid $990,000 for the property at the time of its sale.Newstead is now one of Brisbane’s most expensive suburbs, and has been undergoing a rejuvenation, with new apartments, retirement living units, restaurants, and lifestyle precincts.The old police station — which is currently owned by a Harley Davidson parts distributor — has previously been used as a daycare centre, and is now vacant and zoned as a commercial building. The kitchen todayMore from newsParks and wildlife the new lust-haves post coronavirus12 hours agoNoosa’s best beachfront penthouse is about to hit the market12 hours agoNow back on the market, it is listed with Place New Farm agent Aaron Woolard. “This is not only a chance to secure a piece of Brisbane’s history, but it is a savvy investment opportunity that will pay off on a large scale,” the listing says. There is also split system airconditioning throughout, an alarm system and a large fully enclosed wraparound balcony. Within an easy walk of the Gasworks, James Street and the CBD, it is also well-serviced by public transport.Mr Woolard said the house was surrounded by commercial properties but could not be bulldozed due to its heritage value.He said the buyer would need to live in it or use it as a commercial premises.“I see a professional like an accountant living and working from it,” he said.“It’s on a 760 sqm block and is very close to the city and the street frontage, that’s a lot of eyes on your advertising every day.”The property will go under the hammer on September 18. The property currently features multiple functional office spaces, two kitchens, a large multipurpose room on the lower level as well as airconditioning throughout. Additionally, there are two street frontages with secure parking for two vehicles and street parking on Roche Avenue.Many of the original features remain, including high ceilings, VJ walls, french doors and ornate breezeways. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:44Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:44 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p288p288p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow to bid at auction for your dream home? 01:45MOST people try to avoid ever setting foot in a police station but now you can actually live in one.Built circa 1919, the Queenslander-style house at 96 Breakfast Creek Road was home to the Breakfast Creek/Newstead Police Station until it was decommissioned in 1995.
Sharing is caring! Share 22 Views no discussions CHOGM 2011 Family photo: Queen and leaders. Annaliese McDonough/Commonwealth SecretariatPERTH, Australia — On Sunday, Commonwealth leaders released the report of the Eminent Persons Group that had given rise to some controversy earlier this month over the decision not to make the report public in advance of the Commonwealth Heads of Government Meeting (CHOGM) in Perth, Australia. In welcoming the report of the Eminent Persons Group (EPG), and thanking its members for their outstanding work, heads of government:– Agreed that there should be a “Charter of the Commonwealth”, as proposed by the EPG, embodying the principles contained in previous declarations, drawn together in a single, consolidated document that is not legally binding;– Tasked the Secretary-General and the Commonwealth Ministerial Action Group (CMAG) to further evaluate relevant options relating to the EPG’s proposal for the Commissioner for Democracy, the Rule of Law and Human Rights and to report back to Foreign Ministers at their September 2012 meeting in New York;– Noted that the EPG’s recommendations relating to CMAG were consistent with the CMAG reforms adopted at this Commonwealth Heads of Government Meeting;– Adopted without reservation a further 30 recommendations;– Adopted, subject to consideration of financial implications, 12 further recommendations;– Asked a Task Force of Ministers to provide more detailed advice on 43 other recommendations to Foreign Ministers at their September 2012 meeting in New York, as a basis for further decision by Heads; and– Deemed, for a variety of reasons, 11 of the recommendations inappropriate for adoption.In opening the three-day CHOGM on Friday, Head of the Commonwealth, Queen Elizabeth II, made an unusually pointed reference to the report by the EPG, which recommended the creation of a Commonwealth commissioner for democracy, the rule of law and human rights.”I wish heads of government well in agreeing further reforms that respond boldly to the aspirations of today and that keep the Commonwealth fresh and fit for tomorrow,” the Queen said. ”We should not forget that this is an association not only of governments but also of peoples.”The EPG was established by Commonwealth leaders in 2009 to look at how the Commonwealth might be updated and made more relevant.By Caribbean News Now contributor Share NewsRegional Commonwealth leaders release Eminent Persons Group report by: – October 31, 2011 Tweet Share
ILOILO City – Forty-one seafarers stranded in Metro Manila were scheduled to return to Western Visayas either last night or early this morning. The seafarers would also be subjected to another RT-PCR test. The seafarers were all tested by the Department of Health via the more reliable reverse transcription polymerase chain reaction (RT-PCR) process, he added. The ship transporting them left the Port of Manila on Thursday night. But Treñas said the President was fed with the wrong information. He denied having prevented Manila-stranded overseas workers from returning to Iloilo. The ship would first dock at the Bredco Port in Bacolod City for the disembarkation of the Bago City seafarers before proceeding to Fort San Pedro in Iloilo City, said Villa. In the case of the Iloilo City seafarers, Mayor Jerry Treñas said, they would again be tested via RT-PCR and while waiting for the results (which could take two to three days) they would be billeted at a hotel. Just this May 4, President Rodrigo Duterte issued a warning to Treñas. They were all negative for SARS-CoV-2, the virus that causes the coronavirus disease 2019 (COVID-19), according to Atty. Roy Villa, spokesperson of the Western Visayas task force on the new coronavirus disease. “I’d like to address local executives. It is your duty to help and protect your constituents. I have no quarrel that you want the contagion stopped right then and there at your doorstep,” Duterte said. “But you know, OFWs are citizens of this country. Whether we like it or not they have this constitutional right to travel abroad and to come home after working there.” “We will clarify this. Indi nami nga ginaguba ang syudad. Lain diri ang nagakatabo, lain man sugid sa babaw,” said Treñas. Instead of prohibiting overseas Filipinos from returning home and leaving them stranded, the President said local governments should provide special facilities for them to complete their mandatory 14-day quarantine./PN * OFWs must have certification that they have finished a 14-day quarantine Of the 41 seafarers, 25 were residents of Iloilo province; 10, Iloilo City; five, Guimaras; and one, Bago City in Negros Occidental. On the part of the Iloilo provincial government, Gov. Arthur Defensor Jr. said, LGUs were prepared to accommodate the returning seafarers in their respective quarantine facilities. Upon disembarkation at Fort San Pedro, the seafarers from Iloilo city and province, and Guimaras would be taken to a hotel on General Luna Street for 14 days of quarantine. Subjecting the seafarers to RT-PCR test in Manila was in line with resolutions No. 12, 13 and 14 of the regional COVID-19 task force on the repatriation of overseas Filipino workers (OFWs). They set the following protocols: * OFWs must have medical certificates attesting to their being asymptomatic and in good health condition “Sa city of Iloilo, hindi ninyo tinanggap ‘yung mga (returning) overseas Filipino workers. Sir, mayor, nakikiusap ako sa inyo…magkakaroon ho tayo ng problema if you resist,” said the President in a televised address to the nation. “I think may naga-intriga. Sa akon paglantaw lain ang information ang nagalab-ot sa babaw,” he said. * OFWs must have undergone RT-PCR test with negative result conducted within seven days prior to boarding However, according to Villa, the local government units (LGUs) of these seafarers have the option of taking them directly to their respective quarantine facilities. “May iban nga ma-deretso na sa ila banwa…but siling ko…mapreparar gid…kita sang alternative facility,” said Defensor. Treñas did not name anyone who could be giving President Duterte with false information but gave a hint, “Sila man to may access sa babaw.” Duterte said he may be forced to “operate” through the Department of Interior and Local Government (DILG). Seafarers with negative test results would be allowed to continue their quarantine at home, said Treñas. “Sumunod kayo sa magandang paraan, o pipilitin kong sumunod kayo. I don’t want to embarrass people,” the Chief Executive said. On April 29, the first batch of Ilonggo OFWs stranded in Metro Manila returned to Western Visayas. As of May 8, 23 of them tested positive for COVID-19 (Aklan, one; Antique, three; Guimaras, two; Iloilo province, four; Negros Occidental, four; Bacolod City, two; Iloilo City, seven).
“All the requirements are there for Vidal not to leave before the end of the transfer market,” Juve general director Giuseppe Marotta told Gazzetta dello Sport. “The contract extension he signed has made more solid the marriage between Juve and Vidal. “Vidal has always said he wanted to stay here and we are more than happy to keep him.” Vidal, who has also been linked with Arsenal, moved to Juve from Bayer Leverkusen in the summer of 2011. He made 32 league appearances for the Bianconeri last season, scoring 11 times and setting up five others to greatly contribute to Juve clinching their third successive scudetto. Juventus are confident reported Manchester United target Arturo Vidal will remain at the club. The Chilean midfielder has been strongly linked with a move to the Barclays Premier League this summer. The 27-year-old Vidal only signed a new contract with Juve back in December, which will see him tied to the Turin-based club until June 2017. Press Association
Monday marked Steve A. Kay’s first day as the 21st dean of the Dana and David Dornsife College of Letters, Arts and Sciences, where he said he is excited to play a role in working with students in addition to expanding the school’s opportunities and programs.Goals · As the dean of the Dana and David Dornsife College of Letters, Arts and Sciences, Steve Kay hopes to increase research opportunities. – Photo courtesy of USC Media Relations“When I came to interview at USC, the clincher for me was really walking around the campus,” Kay said. “I saw such energy amongst the students.”Kay came to Dornsife from UC San Diego, where he served as dean of the division of biological sciences and held the Richard C. Atkinson Chair in biological sciences. He also served as a distinguished professor of cell and developmental biology. Prior to working at UCSD, Kay held positions at Rockefeller University, the University of Virginia and the Scripps Research Institute.Kay said he is looking forward to starting his work at Dornsife and building on the college’s current programs, largely by working hand-in-hand with faculty and staff.“The first goal I have for Dornsife is to listen [to staff and faculty],” he said. “Listen to them about what they view as the most exciting opportunities and goals. I see us as being able to be very nimble in terms of identifying the areas where we can achieve very rapid progress.”Kay received his Ph.D. in biochemistry from the University of Bristol, United Kingdom and continued his research in genetics and genomics, becoming one of the world’s top experts on genes and circadian rhythms. He has published more than 200 papers and has had research cited in Science magazine’s “Breakthroughs of the Year” in 1997, 1998 and 2002.As the head of Dornsife, Kay has several goals for his tenure, including more research and hands-on opportunities for students.Kay’s background in the sciences has him looking forward to a few changes at Dornsife.“We have plans to be building a new science building on campus,” Kay said. “That’s something I look forward to being a part of.”He said he also hopes to expand the interdisciplinary programs, such as the philosophy, politics and law major.“I think that seeking out ways in which we can look at fields that are not traditionally put together is one of the areas that offers many opportunities,” Kay said.Personal connection with students is also important to Kay. Through the course of his professional life, Kay has had more than 50 of his former Ph.D. students of his become faculty chairs and administrators at other universities across the country. When he was dean at UCSD, Kay led a large academic division with almost 6,000 undergraduates, hundreds of graduates and postdoctoral researchers, as well as four faculty departments.“I feel incredibly lucky to have worked with so many influential students and researchers,” Kay said.In reference to his new position, Kay emphasized the importance of using education as a means of benefiting society.“I believe very much that education is really the most powerful tool we have for the development of human capital,” Kay said.
Toronto Raptors star Kawhi Leonard has filed a lawsuit against Nike in the U.S. District Court for the Southern District of California in an attempt to reclaim control over a logo Leonard says he created.“In 2011, just after being drafted to the National Basketball Association, Kawhi Leonard authored a unique logo that included elements that were meaningful and unique to him,” the lawsuit reads. “Leonard traced his notably large hand, and, inside the hand, drew stylized versions of his initials ‘KL’ and the number that he had worn for much of his career, ‘2.’ The drawing Leonard authored was an extension and continuation of drawings he had been creating since early in his college career.“Several years later, as part of an endorsement deal with Nike, Leonard allowed Nike to use on certain merchandise the logo he created while Leonard continued to use the logo on non-Nike goods. Unbeknownst to Leonard and without his consent, Nike filed an application for copyright registration of his logo and falsely represented in the application that Nike had authored the logo.”Leonard addressed the lawsuit briefly while talking with reporters Tuesday ahead of Game 3 of the NBA Finals against the Golden State Warriors.“It happened over a long time ago. You guys are just finding out. Not a big worry of mine,” Leonard said.A Nike spokesperson declined to comment.The lawsuit goes on to say that Leonard intends to use the “Klaw” logo in various capacities — including clothing lines, footwear and in connection with sports camps and charity functions — but that Nike has objected to his doing so. Leonard, therefore, wants to regain control of the logo, which he created while he was part of Jordan Brand’s stable of athletes.Since then, though, Leonard became a shoe free agent — before eventually signing a deal with New Balance earlier this season. The Boston-based company has created multiple campaigns involving Leonard this season — one being “Fun Guy,” and another, more recently, being “King of the North,” playing off a phrase from the recently concluded HBO series “Game of Thrones.”The nine-page lawsuit would, in theory, allow for a new campaign with New Balance sometime in the future — or at the very least would again give Leonard (should he win) control of a logo he says should be his.The lawsuit goes on to explain, in detail, how Leonard came up with the idea for the logo, which was developed at the start of his rookie season during his lockout-shortened 2011-12 campaign with the San Antonio Spurs.“Leonard is known for his extremely large hands,” the lawsuit reads. “Throughout his career, spectators have noticed Leonard’s large hands and they are often described as contributing to his success as a player.“Since at least his college years, Leonard contemplated and conceived of ideas for a personal logo which would be unique to him and reflect something meaningful relating to his own image. In late December 2011 or January 2012, Leonard refined a logo he had been creating for several years that encompassed his large and powerful hands, his initials and his jersey number.“Leonard shared his original work of authorship with family and friends, solicited the advice and expertise of a creative designer, received comments and suggestions, and made modifications to his design.”Later in the lawsuit, it states Leonard and Nike have gone back-and-forth multiple times over the past several months regarding the use of the logo, with the last correspondence being in March, when Nike told him, “it owns all intellectual property rights in the Leonard Logo and demanding that Leonard immediately cease and desist from what Nike claimed was the unauthorized use of the Leonard Logo.” Source: ESPN Finally, the lawsuit says the goal of the plaintiff is for Leonard to be declared the sole author of the logo; that Leonard’s use of his logo doesn’t interfere with Nike’s rights, including “without limitation any rights Nike may claim to possess with respect to the Leonard Logo”; and that the defendant committed fraud on the Copyright Office in registering the Leonard Logo, along with “any such other and further relief as this Court deems just and proper.”Leonard and the Raptors will face the Warriors for Game 3 of the Finals at Oakland’s Oracle Arena on Wednesday night. The series is tied at a game apiece.