Jul
13
2010

Written by:
Wade Senti

Dealing with Rejection

As a people, we must accept the inevitable nature of rejection – whether it is in school, at work, or in relationships. It is tough to deal with, especially when rejection means deferring from a life path or a future that may never be realized.

As graduation nears – the quest for greater opportunity begins. However, many of us, including myself are at odds with the idea of choosing the right path and getting into the most competitive and ‘best fit’ graduate school or professional opportunity, while also dealing with the prospect of complete rejection.

After gathering the necessary materials – LSAT, GMAT, GRE, MCAT, recommendation letters, transcripts, and a personal statement, the task can be daunting. However, to push forward in life, one must do all of this – even if employment is the first stop before graduate school.

Jul
9
2010

Written by:
Thomas Loeffler

Waging a Cyber Threat

The unprecedented proliferation of the internet in the last two decades has surfaced concerns about the security of our wireless network. Favorably and unfavorably, our ability to transmit information has grown at a faster rate than our ability to protect that same information. In other words, top secret data and your marital status on Facebook still travel through the same wireless pipeline. This fact alone is reason enough for a serious reevaluation of our country’s cybersecurity standards. Cybersecurity needs to be on par with the top priorities for America as an integrated component to our national defense and standards in infrastructure.

Jul
4
2010

Written by:
Gautam K Sawhney

Fannie & Freddie

Since the housing bubble, the two biggest losers which have grabbed continuous media attention have been the mortgage giants, Fannie Mae and Freddie Mac. In order to keep the companies afloat, the Treasury Department has injected $83.6 billion into Fannie Mae and $61.3 billion into Freddie Mac. The government bailout for the mortgage giants was to cover losses of mortgage-backed securities which, Fannie and Freddie owned or guaranteed. Since September 2008, Fannie and Freddie have been under government conservatorship.

Jun
28
2010

Written by:
Andrea Schiller

The Chinese Real Estate Bubble: Waiting to Burst?

Luxury cars roll down the streets, million dollar penthouses float above. Women and children walk into high-end stores while men walk along the streets in pressed suits. What may sound like Fifth Avenue in Manhattan is far from it. Instead, Shanghai, is taking the main stage as the Chinese real estate market skyrockets. In Shanghai, China’s most populous city, apartments in the financial district are selling for $45 million dollars a piece. Better yet, three to four of them are selling a month. Some apartments are adorned with Swarovski crystal embedded in the doors, crocodile skin bedposts and Versace chairs resting on the floors. Apartments are selling for $2,300 per square foot, beating out the average Manhattan apartment cost of $1,900 per square foot, a shocking find. Currently, becoming a homeowner has become one of the main proprieties in the lives of the middle class. Chinese economic policies have allowed nine out of ten middle class urban families to purchase a home.

Jun
21
2010

Written by:
Thomas Loeffler

On the Edge of New Marketing Strategies

America’s freedoms and capitalist ideals provide entrepreneurs with a plentiful plate of opportunity to make a living without entering the corporate world. Multi-level marketing (MLM) is one of the methods people forgoing the corporate American lifestyle have found successful. Sometimes known as a pyramid program, MLM is a ground works strategy in which friend referral acts as the primary basis for a sales growth. High school and college students are often targeted as individuals who might be of interest in such a strategy because it is an effective way to make money – if you’re good at it. Reputable companies sporting the MLM strategy include Mary Kay and Avon Products. Although the number of lesser known companies outweigh these successful MLM brand rarities, the companies built on the multi-level marketing strategy have caught the attention from Corporate America’s finest.

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