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Financial Commentary
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The Treasury's New Research Office (BusinessWeek)
  Tue, 07 Sep 2010 12:08:41 GMT
BusinessWeek - Don't expect an Elizabeth Warren-style campaign for the first director of the Office of Financial Research, yet another agency set up under the financial system overhaul. Unlike the pending decision over who will lead the Consumer Financial Protection Bureau, which has prompted online petitions and a viral rap video in support of the Harvard law professor, the competition over who will be the head of the research office is a wonks-only affair. ...

Crafting a Career in Eco-Chic Jewelry (BusinessWeek)
  Fri, 03 Sep 2010 12:08:42 GMT
BusinessWeek - Goldman Sachs may not have a lot of friends in the White House these days, but one of its former employees has made a good impression. After three years as an analyst in Goldman's fixed-income, currencies, and commodities division, Monique Pean began her own jewelry line that can now be found in Barneys, Jeffrey New York, and around the neck of Michelle Obama.

Hard Times for Wall Street's "Sell Night" Recruits (BusinessWeek)
  Fri, 03 Sep 2010 12:08:42 GMT
BusinessWeek - In late July, Goldman Sachs hosted an exclusive dinner for recent college graduates at a Ruth's Chris restaurant in midtown Manhattan. While the chain steakhouse might have seemed declasse for veteran Wall Street traders accustomed to 21 or Delmonico's, it was a big draw for bright-eyed recruits who may never know such grandeur. Some even checked the menu online in anticipation.

Elite B-Schools Keep on Building (BusinessWeek)
  Fri, 03 Sep 2010 12:08:42 GMT
BusinessWeek - The Yale School of Management crams students and faculty into 19th-century homes and former astronomy buildings linked by a rabbit warren of basements in New Haven. It's a far cry from the 40-acre Boston-riverfront campus housing Harvard Business School, which has a chapel, a health club, and its own art collection.

Italy Goes After Tax Dodgers (BusinessWeek)
  Fri, 03 Sep 2010 12:08:42 GMT
BusinessWeek - It's been a busy summer for Italy's undercover tax inspectors. Sporting T-shirts, shorts, and flip-flops, they have blended into the crowd at beaches, yacht clubs, and discos from Venice to Sicily, searching for that most elusive of creatures, the Italian tax dodger.

A Dearth of Work for China's College Grads (BusinessWeek)
  Thu, 02 Sep 2010 12:08:41 GMT
BusinessWeek - The job hunt came as a shock. The 23-year-old job seeker graduated in June from a good school -- Beijing University of Technology -- with a bachelor's degree in materials science, a subject he figured would appeal to employers. Yet he had to go through scores of interviews and comb the online job sites endlessly before landing a job at a local trading company. Happy ending? Barely. The pay, $368 a month, is meager by Beijing standards, so he has had to move back in with his parents and he's too ashamed about the outcome of his job search to give his name. ...

Mistakes Millennials Make at Work (BusinessWeek)
  Wed, 01 Sep 2010 12:08:41 GMT
BusinessWeek - My previous post here highlighted the smart practices that the digital-native Millennials are bringing to the workplace. Here I want to talk about a couple not-so-smart ones.

Still Rising: Spec Houses Worth $20 Million (BusinessWeek)
  Wed, 01 Sep 2010 12:08:41 GMT
BusinessWeek - Enzo Morabito, a luxury real estate broker in New York's Hamptons, saw a line of people at his open house on Aug. 29. The property was a new, $25.95 million spec home by Michael Davis Design & Construction at 232 Parsonage Lane in Sagaponack, N.Y. -- the country's most expensive small town, according to Businessweek.com. By the end of the day, more than 75 people had passed through the mansion. "That is an extraordinary turnout," says Morabito, executive vice-president of Prudential Douglas Elliman Real Estate in Bridgehampton, N.Y. ...

Making the Most of the Campus Visit (BusinessWeek)
  Tue, 31 Aug 2010 12:08:41 GMT
BusinessWeek - The campus visit is important to business school applicants because it can enhance their application and give them a sense of where they might one day earn their MBA. Although most experts agree that visitors should not get hung up on garnering face time with the busy admissions committee, some programs go as far as aiding them with their application, says Sam Kang, director of admissions for the full-time MBA/MS programs at the University of Maryland Smith School of Business (Smith Full-Time MBA Profile).

Chat Transcript: UC-Berkeley MBA Admissions (BusinessWeek)
  Tue, 31 Aug 2010 12:08:41 GMT
BusinessWeek - Stephanie Fujii (Screen Name: FujiiAtHaas), senior associate director of admissions at the University of California at Berkeley's Haas School of Business (Haas Full-Time MBA Profile), took part in a live chat event on Businessweek.com on Aug. 26. She fielded questions from the audience and Bloomberg Businessweek reporter Francesca Di Meglio (Screen Name: FrancescaBW) on everything from application essays and study-abroad options to Haas' new strategic plan. Here are edited excerpts from their conversation:

Making the Most of Your College Years (BusinessWeek)
  Tue, 31 Aug 2010 12:08:41 GMT
BusinessWeek - When college freshmen report to campus in coming days, they will have plenty to worry about, from class registration to roommates. One hopes they also will understand and appreciate that they and their parents are shelling out thousands of dollars on tuition, books, and room and board. It's way too much money to waste.

Admissions Q&A: Northwestern (BusinessWeek)
  Tue, 31 Aug 2010 12:08:41 GMT
BusinessWeek - If you're applying to Northwestern's Kellogg School of Management (Kellogg Full-Time MBA Profile), be prepared to reveal far more than just your GMAT scores. "We're interested in their life stories, all the experiences that make them who they are at the time of application," says Beth Flye, Kellogg's assistant dean and director of admissions and financial aid.

REITs Attract Yield-Hungry Investors (BusinessWeek)
  Mon, 30 Aug 2010 12:08:41 GMT
BusinessWeek - The U.S. commercial real estate market has so far averted the catastrophe that many strategists were predicting last year. Even after sales of existing homes plummeted 27 percent to record lows in July, threatening further home-price declines, analysts see commercial real estate values stabilizing. ...

Pockets of Profit in Health-Care Stocks (BusinessWeek)
  Fri, 27 Aug 2010 12:08:42 GMT
BusinessWeek - Health care has historically been a defensive sector of the stock market. It continues to underperform in an environment in which many would have predicted it would do better. This is because there's a lack of leadership in the household names: Merck , Pfizer , Johnson & Johnson , Medtronic . In the next 6 to 12 months, none of these companies will be in the early phases of -- or about to engage in -- important new product cycles.

Napping Gets a Nod at the Workplace (BusinessWeek)
  Fri, 27 Aug 2010 12:08:42 GMT
BusinessWeek - From Thomas Edison and Winston Churchill to Bill Clinton and George Costanza, the nap has had many famous champions. And with good reason. Ever since sleep scientist David Dinges helped found the modern science of napping in the early '80s at the University of Pennsylvania School of Medicine, short periods of sleep have been shown to improve alertness, memory, motor skills, decision-making, and mood. All while cutting down on stress, carelessness, and even heart disease.

Next Life: From Banking to a Fashion Website (BusinessWeek)
  Fri, 27 Aug 2010 12:08:42 GMT
BusinessWeek - Kyle Wilkinson's mother was a fashionable eccentric. A model for Geoffrey Beene during the designer's 1960s heyday, "She ran around Greenwich Village and practiced seances," says Wilkinson. The only thing her bohemian worldview had no tolerance for were bankers. When Wilkinson entered Chase Bank's training program out of college, in 1985, he and his mother "didn't talk for months. What I was doing was anathema to everything she stood for."

Tax Reform: These Small Steps Could Help Deficit, Economy (BusinessWeek)
  Tue, 24 Aug 2010 12:08:41 GMT
BusinessWeek - Is the American system of taxation nearing a watershed moment? It doesn't seem like it, considering the political brawl in Washington over the soon-to-be-expired 2001 and 2003 tax cuts passed during the Bush era. Lawmakers have known for the past several years that, if they did nothing, the tax breaks would automatically end on Dec. 31, 2010. Now, Washington is scrambling as the deadline looms and the economy sputters.

B-School, Day One: A Primer (BusinessWeek)
  Tue, 24 Aug 2010 12:08:41 GMT
BusinessWeek - Nearly three years out of school and Brock Rasmussen forgot what it was like to be a student: homework every night, running on four hours of sleep, and prepping for the first major exam only two weeks after starting classes. During his first days as an MBA student at Duke's Fuqua School of Business (Fuqua Full-Time MBA Profile) he was overwhelmed.

GMAT Test Prep: Changes on the Way (BusinessWeek)
  Fri, 20 Aug 2010 12:08:42 GMT
BusinessWeek - The Graduate Management Admission Test (GMAT) is about to undergo its biggest makeover in more than a decade, and test prep companies are gearing up to help students get ready to take the radically redesigned exam.

Admissions Q&A: NYU (BusinessWeek)
  Fri, 20 Aug 2010 12:08:42 GMT
BusinessWeek - Anika Davis Pratt has spent the past 10 years scrutinizing applicants at New York University's Stern School of Business (NYU Full-Time MBA Profile). That means Pratt, Stern's assistant dean for MBA admissions and financial aid, is well qualified to let people know what it takes to get into Stern. Pratt says Stern reviews all aspects of an individual's application, from the resume to the recommendations, looking for students who are both highly intelligent and good team players. And if an applicant gets to the interview round, highly trained interviewers will be sure to dig in further.



     

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