Posts Tagged ‘Sallie Krawcheck

06
Nov
13

11.6.13 … End of a era :( … “Young people’s Internet behavior predicts everybody’s Internet behavior. ” …

Blockbuster, End of a era: End of a era 😦

Blockbuster, once synonymous with video rentals, had encountered a steady decline in business as rental services such as Netflix Inc. NFLX -1.77% and Outerwall Inc. OUTR +1.23% \’s Redbox increasingly cut into its business. More recently, Blockbuster has had to contend with growing streaming and on-demand services that consumers can use without leaving their homes.

Blockbuster tried to compete with its own mail business, but that will end in the middle of December, Dish said. However, Dish said it would retail licensing rights to the Blockbuster brand, including its video library, and that it would continue its Blockbuster @Home and On Demand services.

via Dish Network to Close Remaining Blockbuster Stores – WSJ.com.

starbucks spelling, LOL, Tumblr: OK … this is funny.  “starbucks spelling” on tumblr.
Kat

Kat

A collection of misspelled names from the inventors of the \”Frappuccino.\”

via starbucks spelling.

YouTube Challenge,   I Told My Kids I Ate All Their Halloween Candy 2013 – YouTube, Jimmy Kimmel, LOL:  My cruel father probably would have done this.  🙂

Published on Nov 4, 2013

Once again we asked parents to pull a massive prank on their kids and pretend they ate all of their Halloween candy. Here are the results of this year\’s Halloween Candy YouTube Challenge.

via ▶ YouTube Challenge – I Told My Kids I Ate All Their Halloween Candy 2013 – YouTube.

Starbucks, Twitter,  Gifting Platform, Fast Company | Business + Innovation:

A tweet can be used to share links, media, and status updates. But could it soon be used to share Starbucks coffee?

That\’s the promise of a new partnership launched today, Monday, by Twitter and Starbucks, which enables gift certificates to be exchanged via tweets. Called the tweet-a-coffee program, the service allows for spur-of-the-moment acts of generosity between friends, with little to no friction: Just tweet at another Twitter user in order to give a $5 digital eGift hassle-free. It\’s certainly a novel marketing tool. But the larger significance here is how companies like Starbucks are gradually beginning to see Twitter as a potential ecommerce platform.

via Starbucks, Twitter Launch Gifting Platform Via Tweets | Fast Company | Business + Innovation.

Sallie Krawcheck, Wall Street, BBC News:

Although those firings certainly stung, they gave Ms Krawcheck an epiphany – in times of distress, companies react by closing ranks, and diversity, particularly gender diversity, suffers.

“What I saw a thousand times during the downturn was, We’d like to give her that opportunity, but we need to go with the sure thing – we can\’t afford diversity right now,'” she says.

So now, as the boss of 85 Broads, Ms Krawcheck says her goal is to work in a more active way to correct the gender balance at the top.

via BBC News – Sallie Krawcheck: Wall Street boss who was glad to be sacked.

Teens, Facebook,  Cool Anymore, Derek Thompson – The Atlantic:

Programs like Snapchat and other social sites are taking off, and the way these things usually work is that whatever technology teenagers are using today, young adults, and then older adults, will be using tomorrow. Tumblr, Pinterest, Snapchat: All billion-dollar valuations today, and all got their start among the high school and college crowd. Young people’s Internet behavior predicts everybody’s Internet behavior. The fact that they’re getting bored could mean that Facebook is becoming boring—a dangerous idea for a company that relies on the idle time of average people.

Or it could just mean that Facebook has grown up right in line with its audience.

via If Teens Don’t Think Facebook Is Cool Anymore, Should Facebook Worry? – Derek Thompson – The Atlantic.

Davidson College, Innovative Bio Instruction,   $100,000 Prize, kudos:

Prof. David Botstein, former director of Princetons Lewis-Siegler Institute for Integrative Genomics, announced today that he will donate $100,000 each to Davidson College and three other prestigious academic institutions for innovations in teaching biology. Botstein was one of eleven recipients of the Breakthrough Prize in Life Sciences, announced earlier this year by Internet titans Yuri Milner, Sergey Brin, Anne Wojcicki and Mark Zuckerberg. Botstein will share $400,000 of his Breakthrough Award with Davidsons Professor of Biology A. Malcolm Campbell, as well as faculty at Cold Spring Harbor Laboratory CSHL, Massachusetts Institute of Technology, and the University of California-San Francisco.\”With these awards, I recognize the successes of these four institutions in the development and delivery of educational programs that are furthering the field of biological research by training the next generation of breakthrough scientists,\” said Botstein. \”I have had the opportunity to participate in the development of these distinct programs and salute the institutions and the program leaders who have achieved the highest standards in science education.\”

via Davidson’s Innovative Bio Instruction Garners $100,000 Prize – Davidson College.

30
Jun
13

6.30.13 … Sallie Krawcheck: “Holiday cards from her former colleagues,” she says, “were down by 95 percent.”

Sallie Krawcheck, gender differences, professional women, professional networking, Wall Street, 2008 Crash, 85 Broads, New York Magazine:  I really like this woman!  A man would have never noticed that  … “Holiday cards from her former colleagues,” she says, “were down by 95 percent.”  And since most men do not send out the holiday cards, nor can I imagine the men telling them to take Sallie off the list …  it sounds like their spouses were not very nice.

There were never that many women in the financial-services sector, but after the meltdown, the numbers began sliding. Krawcheck says she gets it. The men are reverting to their comfort zone. “When I feel risk averse, I am much more likely to surround myself with middle-aged professional southern females; I just am,” she says. “Because I can very easily imagine how I myself would do the job.”

In Krawcheck’s reasoning, it’s not that the men on Wall Street aren’t aware of the helpfulness of diversity of opinion, it’s just that they can’t help sticking to their own, which explains not only the lack of women in the upper echelons but the insular thinking that led to the 2008 crash. “I have spent a lot of time thinking about what could the company have done differently, and I think the answer gets down to groupthink with people who grew up together, with the same information, having the same conversations again and again and again.”

Networking was the “unspoken secret to success on Wall Street,” she realized. “For whatever reason, people are more comfortable networking with their own gender.” She hopes 85 Broads will provide women with the boost men effortlessly offer one another. The year she left Bank of America, she got her own lesson in the importance of maintaining an outside network. Holiday cards from her former colleagues, she says, “were down by 95 percent.”

via 74 Minutes With Sallie Krawcheck — New York Magazine.

22
Feb
13

2.22.13 … more than a cake …

retro, Tunnel of Fudge Cake,  Bake-Off® Contest, Pillsbury.com, kith/kin:  Saw this list of bests .. and the #2 Nordic Ware bundt pan just brought back a flood of memories … And btw, everything about these two lists makes me feel old … 🙂

Go Retro: Top 10 Desserts – Bread Pudding to Chocolate Eclairs.

Tunnel of Fudge Cake

This recipe, arguably the recipe most closely identified with the Bake-Off® Contest, mysteriously develops a “tunnel of fudge” filling as it bakes. Don’t scrimp on the nuts, or it won’t work!

Bake-Off® Contest 17, 1966
Ella Helfrich
Houston, Texas

via Tunnel of Fudge Cake Recipe from Pillsbury.com.

Moss Covered Easter Eggs,  threadowl, Etsy, Easter:  Like them …

Set of 4 Large Moss Covered Easter Eggs

Add a touch of natural greenery to your home’s spring decor, Easter celebrations, or other parties with beautiful handcrafted moss eggs. Use as center pieces or embellishment in vases and bowls.

These larger size Moss Eggs look amazing grouped together as a center piece on tables, and as decoration on fireplace mantels!

via Set of 4 Large Moss Covered Easter Eggs by threadowl on Etsy.

Sallie Krawcheck,  2012 Alumni Forum,  YouTube:  Worth  watching … makeup 🙂

via Sallie Krawcheck ’87 | SEVEN Talk at the 2012 Alumni Forum – YouTube.

trapped, manhole, criminal acts,  wsoctv.com: This man could have died …

Fifty manhole covers have been stolen so far this year in Gastonia.

via Man rescued after being trapped in manhole for 12 hours | www.wsoctv.com.

Downton Abbey,  One Direction, What Makes You Beautiful, YouTube: 🙂

Downton Abbey Perform One Direction’s What Makes You Beautiful – YouTube.

coffee shops, productivity, scientific reason,  University of British Columbia, background noise, creativity, abstract thinking, technology:  I like coffee shops … maybe I should try to work while I am there.

If you’ve always found that you do your best work in coffee shops, you’ll be happy to learn that there’s a scientific reason for it. Last year, researchers at the University of British Columbia discovered that moderate levels of steady background noise (at approximately 70 decibels) actually spur creativity and abstract thinking better than silence. Heading to the local coffee shop isn’t always an option, of course, but with headphones, these eight ambient noise apps do an excellent job of delivering a similar audio experience, regardless of your surroundings.

via AppLife.

labyrinth walking, Christianity, neopagan, New Age, Women of Grace:  This one is loaded … Maybe they should try walking one …

However, the labyrinths in use today are not even remotely associated with these Christian labyrinths. Today’s version was popularized by an Episcopalian canon and New Age devotee named Lauren Artress who describes walking a labyrinth as a “way to find healing, self-knowledge and our soul assignments and to continue weaving the Web of Creation.”

In her writings about the labyrinth, Artress reveals her feminist disdain for the God of the Bible. Instead, she refers to “the Source,” “the Sacred,” and “the God within,” which she claims has been “destroyed through centuries of patriarchal domination, through fears of creativity and of the traits associated with the feminine.” Artress says she prefers this “Source” to the transcendent God “out there” who “keeps track of whether we follow the rules.”

She also says that Jesus as the Christ is too often not helpful because he is closely tied to the patriarchy. Instead, she calls people to the more inclusive “Father and Mother God” and “The Greening Power of God, the Holy Spirit in all Her mystery,” who is found in the “power of The Divine within.”

Artress openly admits that neopagan journalist and Wiccan priestess, Margot Adler (author of Drawing Down the Moon) and New Ager Jean Houston, one of the founders of the Human Potential Movement, influenced her modern labyrinth movement.

Such a firm New Age foundation certainly explains why the emphasis for labyrinth walkers is always upon the self rather than on God.

Knowing the belief system of the creator of the modern labyrinth movement hardly makes this so-called “meditation tool” very appealing to Christians. But this doesn’t stop retreat centers in need of the Christian market from presenting the labyrinth in ways that will appeal to them.

For instance, some try to “Christianize” it by using terms associated with the Christian mystical tradition although the meanings are radically different (something that is never explained to the walker!).

For instance, the three stages of a typical labyrinth walk are referred to as the purgation, illumination and unitive stages, all of which have meaning in the Catholic mystical tradition. But purgation doesn’t mean turning away from sin and embracing the gospel as it does in Christianity; it means “letting go of the details of your life.” Illumination means to “receive what is there for you to receive” rather than the Catholic concept of illumination which is a new closeness to God after a deeper conversion. The unitive stage in labyrinth language is when one “is joining God, your Higher Power, or the healing forces at work in the world” not achieving transforming union with God as is taught in the Catholic tradition.

Other retreat centers simply present their labyrinths to the faithful in terms so nebulous no one can figure out what it is, such as this snippet from a retreat center’s website: “When you stand at the threshold of the labyrinth, you stand at the threshold of your own consciousness, ready to step from the exterior to your own interior space, that interior space being represented by the labyrinth.”

via Should you walk the labyrinth? | Women of Grace.

08
Feb
13

2.8.13 … I am a happy nerd …

UNC Festival of Legal Learning, Hotel Siena, Southern Seasons, Weathervane at Southern Seasons, The Siena Hotel,  Chapel Hill NC: I am a happy nerd … Southern Seasons was a treat … as was shrimp and grits at Weathervane at Southern Season. And finally The Siena Hotel beats the Waldorf Astoria … much better toiletries and turn down service with chocolates.

blizzards, 2013 NE blizzard, NYTimes.com:  Hoping all are safe and warm …

Watching the snowfall forecasts from the potent blizzard sweeping into the Northeast we’re at the western edge of the robin’s egg 12-24 inches zone, I can’t help but think back to March, 2010, when we lost power for five days after the Hudson Valley and other regions were paralyzed by several feet of snow.

via Blizzards as Teachers – NYTimes.com.

Downton Abbey, Valentine’s Day, LOL:

basset hounds, kith/kin, vacations, Madrid: Hidden amongst my son’s vacation pictures … 🙂

Photo

donuts/doughnuts, Firecakes, Chicago:  Sounds like voodoo donuts to me!

DONUTSCreative confections in River NorthThe latest addition to Chicago’s coffee-dunking circuit, Firecakes is a small-batch donut shop from the owner of La Madia, rotating a roster of sweetness like Tahitian vanilla glazed, blood orange and raspberry jelly, and Nutella long johns that’ll provide a comfortable home for your (hazel)nuts. Oh, there’s also a maple-glazed pineapple and bacon donut…

Sallie Krawcheck,  Lessons from My Bosses, LinkedIn:

The best: at one firm, the culture was to hire unconventionally, bringing in people with a broad range of backgrounds. The talent we uncovered, where others weren’t looking, could be amazing. In contrast, a couple of CEOs surrounded themselves with a long-tenured “inner circle” and filtered information through them. One of the many reasons for the financial melt-down was the unexamined groupthink that pervaded Wall Street, enabled by senior managers “breathing the same air.”

via Lessons from My Bosses | LinkedIn.

Sallie Krawcheck, bankers, compensation:

Sallie Krawcheck didn’t pull any punches when she was president of Bank of America-Merrill Lynch’s wealth management unit, and now she’s using her bully pulpit as a LinkedIn blogger to explain why paying bankers in stock is a lousy idea.

In 2013, banks must change the way they compensate their senior executives, Krawcheck (left) argues in her Tuesday blog post, saying that company boards are making a mistake by moving to more equity ownership for senior execs since the 2008 crash. She certainly has an insider’s view of the business: Krawcheck is a veteran not only of BofA, but of Citi Smith Barney and Sanford C. Bernstein & Co.

“Coming out of the crisis, the national discussion focused on ‘pay them less’ and very little on ‘pay them better,’” writes Krawcheck, who was summarily fired in September 2011 when BOFA Chief Executive Brian Moynihan went public with plans to reorganize the bank’s management and operating units. “Instead, the long-term conventional wisdom that senior executives should be aligned with equity holders remained unexamined: the amount they are paid is often based on stockholder metrics (like ROE), and the form of payment is in increasing proportions of stock.”

Claiming that she herself and the rest of the banking world now know that their business is unlike any other, Krawcheck then goes on to list her top 10 reasons paying bank executives in more stock is “a bad idea.” (See No. 10 on the list, where Krawcheck name-checks her former firm.)

10. Look at the evidence. Naming names, Krawcheck points out that the biggest CEO equity holders in 2007 were at Lehman Brothers, Bear Stearns, Merrill Lynch, Morgan Stanley and Countrywide. As she puts it: “‘Nuff said.”

via Sallie Krawcheck: Top 10 Reasons It’s Bad to Pay Bankers in Stock.

Iceland, Family Trip, vacations, bucket list,  National Geographic:  I’m scheming …

Iceland is one of the warmest cold countries you’ll find—especially so toward children. It seems everywhere you look there are pram-pushing moms and blond-haired kids swarming the capital of Reykjavik. The big hit for children (and adults) will be the city’s 18 mostly open-air geothermal pools (82–109°F); most also have slides and fountains. Use a pool visit to introduce the concept of renewable resources. Iceland is on the Mid-Atlantic Ridge, a belt of mountains and rift valleys where periodic eruptions widen the ocean floor. One of the world’s most tectonically volatile places, it feeds more than 200 volcanoes and 600 hot springs and heats 85 percent of Iceland’s homes. Add to this energy produced by the nation’s rivers and streams, and the country essentially gets all its electricity from nature.

via Iceland’s Ring Road: Best Family Trip — National Geographic.

 Yoda, Star Wars, Stuart Freeborn, The Two-Way : NPR: Funny, I think he looks a little like Yoda.

Makeup Artist Who Created Yoda Dies; Stuart Freeborn Was 98

via Makeup Artist Who Created Yoda Dies; Stuart Freeborn Was 98 : The Two-Way : NPR.

Fashion Week 2013, WSJ.comFashion Week 2013 – WSJ.com.

Star Trek, William Shatner, ISS, Twitter:  kinda cool …

Captain James Kirk of the Starship Enterprise called up an astronaut in space today for a cosmic conversation that began on Twitter and warped all the way into space.

Actor William Shatner, who famously portrayed Kirk in the original science fiction TV show “Star Trek,” called the International Space Station today (Feb. 7) to ask real-life astronaut Chris Hadfield what life is like on a spaceship.

On Jan. 3, 2013, Commander Chris Hadfield of the Canadian Space Agency started tweeting with William Shatner, “Captain Kirk” of the original Star trek series, and with other Star Trek cast members, plus one very famous real spaceflyer.

“I’m so moved to be able to speak to you for this brief moment,” Shatner told the astronaut via phone.

You can see a video of Shatner’s call to the space station here.

Hadfield, representing the Canadian Space Agency, is serving a five-month tour on the football field-sized space station orbiting Earth. Last month, he and Shatner struck up a virtual conversation on Twitter when the actor wrote, “@Cmdr_Hadfield Are you tweeting from space?”

Eventually, their conversation pulled in other “Star Trek” notables like George Takei (who played Hikaru Sulu), Will Wheaton (Wesley Crusher) and Leonard Nimoy (Spock).

Today, Shatner and Hadfield connected in real time for a chat about life in space, and life on the stage.

via ‘Star Trek’ Actor William Shatner Calls Astronaut in Space (Video) | Space.com.

Corby Kummer, 15-Course Tasting Menu, Eleven Madison Park, Vanity Fair:  Wow …

As part of his strenuous, on-the-ground reporting for his recent Vanity Fair article about “totalitarian” chefs and their increasingly elaborate tasting menus, “Tyranny—It’s What’s for Dinner,” author Corby Kummer endured a five-hour, 15-course meal at Eleven Madison Park, the Manhattan restaurant owned by chef Daniel Humm. Here is Kummer’s course-by-course, or round-by-round, report, along with the approximate time each course was served.

via Foodies Gone Wild: Corby Kummer’s Annotated, 15-Course Tasting Menu from Eleven Madison Park | Vanity Fair.

 




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