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BP holds ‘Meal or no Meal’ auction

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first_imgFor the past 25 years, the annual Breen-Phillips meal auction has allowed students to see professors, athletes and other campus celebrities in a new light by auctioning off meals with these various Notre Dame personalities. This year’s event will continue thattradition.Tonight’s “Meal or No Meal” auction will include live and silent auctions, and all proceeds from the event support Meals on Wheels, a charity that delivers meals to homebound senior citizens. Students can bid on dinners with a variety of prominent members of the Notre Dame community, such as University President Emeritus Fr. Theodore Hesburgh, Irish football coach Brian Kelly, Vice President for Student Affairs Fr. Mark Poorman, student body president Grant Schmidt and student body vice president Cynthia Weber.In addition to the live auction, a silent auction will feature gift cards from several area restaurants, including Chipotle, Olive Garden and Hot Box Pizza. It will also include six gift baskets assembled by each section of Breen-Phillips. Each will have a unique theme, such as “Death by Chocolate” and “Luck of the Irish.”In order to offer students a variety of meals to bid on, event coordinators Susan Garabedian and Adriana Taylor, both sophomores, contacted regular participants and prospective personalities via e-mail during winter break. They also asked other residents of Breen-Phillips for names of popular professors to provide a good sampling from each college, Taylor said.According to Taylor and Garabedian, the campus celebrities decide how many students to take to dinner, where they will have the meal and how much they want to spend per plate. Some participants, such as Carolyn Woo, dean of the Mendoza College of Business, and Anre Venter, professor of psychology, treat students to home-cooked, ethnic meals, while others take winners out to expensive restaurants, including Sorin’s.Poorman traditionally gives students a tour of the Main Building and the tunnels around campus. A new offering this year is a meal in Chicago with Professor Candida Moss of the Program of Liberal Studies.“Certain meals earn a lot of money because of the number of students involved, whereas others make money because the meals are expensive,” Taylor said. “It’s a good way for people to donate money to a great cause while getting to see another side of professors and other people on campus.”Garabedian said the off-campus restaurants were willing to make generous gift card donations to the event.“The donations from Chipotle are like Christmas in February,” she said.Garabedian and Taylor said they were happy about the number of new and returning  participants. “It’s very cool to see people at Notre Dame being so willing to participate in the event,” Taylor said. “It shows the amazing generosity on campus, and everyone is willing to help, from students to professors.”Professor Jim McKenna, chair of the anthropology department, and his wife, Professor Joanne Mack, traditionally take students to LaSalle Grille in South Bend for an evening of food and conversation.“We love every minute of it and the students we meet become our friends,” McKenna said. “It is just another wonderful reminder of the way Notre Dame, through its good works, helps us break the barriers between our students and us, the faculty.”Venter, who treats students to a traditional South African meal at his home, agreed with McKenna’s view of the event’s impact on student-professor relationships.“It is a great opportunity to get to know students, and we have been able to develop some wonderful relationships,” Venter said. “I think it is good for students and faculty to engage outside the constraints of the typical settings on campus.”Schmidt said he was surprised at his identification as a “campus celebrity” but nonetheless voiced his enthusiasm about the event.“Coach Kelly, Fr. Poorman, Professor McKenna and more blow us out of the water,” Schmidt said. “But we will be sure to take whoever is kind enough to bid on us to a very delicious meal and we’re looking forward to helping out.”The live and silent auctions will take place tonight from 7:30 p.m. to 9:30 p.m. in Burger King and the Sorin Room in LaFortune. Students may pay for meals with cash, check or the new Domer Dollars option for charity events.last_img read more

Reed Questions State Nursing Home Probe, Blames Cuomo

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first_img“Placing the blame squarely on the staff who care for our grandparents — when the state knowingly created COVID hotspots by forcing homes to accept COVID-positive patients — is a slap in the face to those who lost a loved one. Even a cursory review of ADMA’s dire warning to New York State makes it clear what really contributed to New York’s horrific death toll,” Reed said.In a response to Monday’s press conference, Stephen Hanse, the President of the NYS Health Facilities Association and the NYS Center for Assisted Living, said: “At the onset of the COVID-19 virus, nursing homes and assisted living facilities were not the top priority. The principal focus of policymakers was on bolstering hospital resources and ramping up hospital bed capacity. This strategy included the Department of Health’s March 25th Advisory… As we learn more about the COVID-19 virus every day, policymakers now know that the men and women residing in nursing homes and assisted living facilities are the most at risk to infection from the COVID-19 virus…”Several Republicans continue to call for an independent investigation into the coronavirus in nursing homes. Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window) Photo: PixabayWASHINGTON — A new State Department of Health report Monday that examined the spread of COVID-19 in nursing homes, is just a way for Gov. Andrew Cuomo to dodge responsibility for nursing home deaths, according to Rep. Tom Reed.Reed, who has been calling for an independent investigation into the deaths of thousands of New York nursing home residents, blasted Cuomo.“This is a blatant attempt by Governor Cuomo to sidestep an ounce of accountability,” Reed  said. “As we’ve said all along, an independent investigation is needed to fully evaluate the impact of New York’s disastrous nursing home policies. Justice is not served when the individuals who were responsible for the state’s deadly edicts are reviewing their own conduct.”The report found that more than 37,000 nursing home workers were infected with the Coronavirus between March to early June. That accounts to about one in four nursing home staff. “The correlation is between what happened between community-wide infection and staff infection were the more prevalent reasons why there were fatalities in nursing homes. But it was not because of a directive on March 25,” said Northwell Health CEO Michael Dowling. That order required nursing homes to re-admit COVID positive patients unless they could not provide adequate care.“The March 25 guidance was not the driving factor in nursing home deaths,” NYS Health Commissioner Howard Zucker said.However, Reed places theWNYNewsNow File Image.blame squarely on Cuomo and his administration.last_img read more

Open the door to new loan opportunities without sacrificing security

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first_imgYear-to-year, community financial institutions have become more conservative about consumer lending. So as to not open themselves up to additional risks, many of these institutions tend to only service consumers with prime and super prime credit. However, consumers with non-prime credit make up a solid portion of the consumer lending market, so this desire to stick with “safer” loans leaves quite a few loan opportunities on the table. And when many community financial institutions are dropping their rates to as low as 0% in order to compete with large national lenders for prime and super prime consumers, missing additional revenue opportunities for your loan portfolio is not a small matter.To compound the challenge, Millennials – who present a massive lending opportunity for financial institutions – are often considered non-prime (due to having little-to-no established credit or having outstanding student loan debt.). So while fear of unwarranted risks keeps community financial institutions from supplying loans to these “risky” consumers, new non-traditional lenders are stepping in to swoop up these untapped loan opportunities. Market disruptors like retail lenders (i.e. Costco), mobile lenders (i.e. AutoGravity), and peer-to-peer lenders (i.e. Lending Club) are finding ways to bypass the existing banking system, credit bureaus and financing requirements to lend to this highly sought after demographic.If your community financial institution is avoiding non-prime consumers you are likely creating three major problems for your business:You are missing out on an opportunity to vastly expand your loan portfolioYou are isolating some of your key demographicsYou are losing out on new streams of revenueThe best way to drive loan yield is to expand and diversify your loan portfolio, so you are not missing out on any major opportunities. A whole host of solutions have surfaced in the consumer lending marketplace over the past decade that offer to help community financial institutions adjust their lending policies and criteria so they may begin servicing a greater portion of the borrowing population. These offerings primarily consist of collateral risk protection programs, expanded loan channels, add-on consumer offerings and digital engagement tools.Once you’ve adopted a number of these solutions, you can begin to experiment with various packaging and marketing strategies to differentiate you from your competition, attract new borrowers and generate much sought after non-interest income. The options to take advantage of are ever-evolving, and the opportunities offered through these solutions are endless. If you want to attract new loan customers, you have to set yourself apart from a growing list of competitors. The only way to do that is to offer the entire marketplace something other competitors cannot: end-to- end service, at the low cost only a community financial institution can offer.Contact Brian Timson to learn more about how you can expand and protect your consumer lending portfolio: brian.timson@alliedsolutions.net.Interested in learning more strategies for competing with traditional and non-traditional lenders? Read our white paper on “Stop Handing Over Auto Loans to Your Competitors”.Interested in learning more about effective marketing strategies? Read our white paper on “Consumer Engagement Channels: How and Where to Get the Most Out of Your Communications”. 16SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Brian Timson Brian has held senior management positions in the financial services industry for more than 20 years. Focused on leveraging technology to improve the way that companies do business, he has … Web: www.alliedsolutions.net Detailslast_img read more

EIOPA finalises pension fund data reporting requirements

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first_imgThe European Central Bank (ECB) has also introduced pension fund reporting requirements, having adopted a regulation for this at the end of February.The ECB and EIOPA came to their final positions after hearing concerns from pension funds about the burden the requirements could cause. EIOPA said its consultation process had been “intensive”.A spokeswoman said EIOPA had collaborated very closely with the ECB and achieved “a high-level of convergence between the reporting regimes, which would enable a ‘single data flow’ and streamlined reporting processes for industry”. The ECB has made similar comments.There are three main types of information to be submitted to EIOPA: balance sheet information, inputs and assumptions used for valuations, and flow data.The former is intended to allow EIOPA to assess a pension fund’s financial and solvency position.Information about the inputs and assumptions used for valuations, meanwhile, would provide “comparable information of highly complex and divergent European occupational pensions sector with the aim to understand specific market characteristics”. Flow data would allow trends to be detected and the reasons for changes from one reporting year to another to be analysed.EIOPA’s requirements for quarterly reporting will apply from the third quarter of 2019. Annual reports will apply from 2019 onwards, taking into account a transition period and a specific approach for smaller pension funds. The first reporting deadline under the ECB regulation will also begin with the third quarter of 2019, later than the original proposal.PensionsEurope, the European pension fund lobby group, has previously questioned the legal basis for EIOPA’s information gathering. European pension statistics will be “significantly enhanced” as a result of new reporting requirements, according to the European pension fund supervisory authority.The European Insurance and Occupational Pensions Authority (EIOPA) today announced it had made a final decision about requirements for the reporting of information about occupational pension funds by national supervisory authorities.With this decision, EIOPA said, it had “defined a single framework for regular information requests towards national competent authorities… to effectively monitor and assess the European occupational pensions sector, with a particular focus on effects to [sic] financial stability”.The framework would facilitate smooth and efficient reporting processes and enable “appropriate monitoring” and “thorough assessments” of market developments to do with occupational pensions. EIOPA would also be able to carry out in-depth economic analyses of the occupational pension market as a result, it said.last_img read more