Burlington High School students win Vermont Stock Market Game

first_imgA team of Burlington High School students earned more than $19,000 in ten weeks playing the Stock Market Game run by the Vermont Council on Economic Education (VCEE).Today, two Burlington students ‘ Felix Keydel and Mien Chau ‘ were announced as the official winners in the high school division of the Game and were recognized at an awards ceremony at the school at 1:30 pm.More than 400 Vermont high school students from 14 high schools and 230 elementary and middle school students from 15 schools participated in the fall 2010 Stock Market Game competition. Between October 4 and December 10, the winning students from Burlington High School turned an initial investment of $100,000 into $119,739. The 19 percent return on investment was more than double the Standard and Poor’s 500 average stock market gain.‘Any activity that gets a student watching the news, learning about the issues our leaders are facing, and generates conversation with their parents is great,’ said David Lamberti, a BHS economics teachers and the coach of the winning BHS team. ‘The SMG does all of that and it provides a great lesson in saving, diversifying, and protecting your wealth.The Stock Market Game, coordinated in Vermont by the Vermont Council on Economic Education, is an on-line teaching tool, which aims to educate Vermont students about personal finance at an early age so they are prepared to make smarter financial decisions and are less likely to have debt in the future.‘The Stock Market Game is one of many opportunities that Vermont teachers at all grade levels are using to teach their students about economic reasoning and financial literacy,’ said Art Woolf, executive director of VCEE. ‘The game, while played for only a few months, teaches students the value of long-term investing and how to balance long term gains with short term risk.’The Vermont Council on Economic Education (VCEE) is a nonprofit corporation dedicated to promoting economic education and literacy to Vermont students by providing economic instruction and resource materials to Vermont teachers at all grade levels in public and private schools. The Stock Market Game is a national game organized and run by the Securities Industry and Financial Markets Association Foundation. For more information about VCEE or about upcoming training sessions, contact Art Woolf at vcee@uvm.com(link sends e-mail).Source: VCEE. Wednesday, December 15, 2010’Burlington, Vermont ‘last_img read more

Will credit unions return to an 18-month exam cycle?

first_img“… it’s not 2008.”This is the sentiment of several high-profile executives regarding the National Credit Union Administration’s (NCUA) stance on examination cycles for credit unions. There’s been much back and forth over the last week on this subject and the NCUA’s desire to stick to a 12-month examination cycle for the financial institutions it regulates.In a call to action, Credit Union Journal published a letter to the editor from National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger recommending that the NCUA return to an 18-month exam cycle to cut down on expenses. This followed further transparency of the NCUA’s budget, which noted $6.39 million allocated to examiner airfare and auto rentals. Berger’s letter also cited that, for low-risk institutions, extending the exam timeline would give the NCUA more flexibility in balancing staff and resources without compromising the soundness of the industry.But the NAFCU’s recommendation was quickly dismissed. On the heels of Berger’s op-ed, CU Journal quoted NCUA spokesman Ben Hardaway as saying the 12-month exam cycle is “more appropriate and more effective.” The article notes that according to Hardaway, credit union financial stability changes too quickly to allow for the risks that can occur when an institution goes longer than 12 months without an exam. continue reading » 17SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Duterte dangles P30-K reward for info on execs stealing SAP funds

first_imgMANILA – President Rodrigo Duterte has put up a P30,000 reward for those who can provide information on corrupt practices by local officials in connection with the government’s assistance amid the coronavirus disease 2019 (COVID-19) pandemic. “Alinsunod po ito sa zero tolerance ng ating President laban sa korapsyon, lalo na sa mga kumakana at kumukurakot ng ayuda para sa mahihirap,” the Palace spokesperson added. “Sa kagustuhan ng ating pangulo na matigil ang pangungurakot sa SAP, siya po ay magbibigay pabuya ng P30,000 sa lahat ng magrereport ng local officials na kumakana o kinukurakot ang mga ayuda para sa mahihirap,” Roque said. Presidential spokesperson Harry Roque announced Tuesday those who will report corrupt practices of public officials involving the Social Amelioration Program (SAP) funds may call at 8888 and leave relevant information.center_img President Duterte went ballistic during his address to the public on late Monday evening as he singled out Barangay San Agustin in Hagonoy, Bulacan captain Danilo Flores for corrupting the SAP funds. “Local government workers, I do not want to mention titles here, meron sinabi ko na sainyo na pag may gawin kayo, ‘wag sa panahong ito,” Duterte said. “‘Yung mga mayors naman, kindly look into the people that you have commissioned to do the distributions ng pera.”/PNlast_img read more

Cricket News Women’s World T20 semi-final: India eye revenge against England

first_img For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. New Delhi: India women’s cricket team has put in a solid display in the ongoing World T20 in the West Indies. Harmanpreet Kaur’s side has been dominant, with the Indian skipper leading the way with a blazing century against New Zealand. Having secured a victory over three-time champions Australia in their last league game, India head into the semi-final against England high on confidence but they will be gunning for revenge. The last time the two teams clashed on the big stage, India had a chance to create history by winning the Women’s 50-over World Cup for the first time but an inspired spell from Anya Shrubsole (6/46) gave England a nine-run win and a fourth world title.Read More | Mandhana 83 helps India thrash Australia in ICC Women’s World T20Shrubsole will once again be the key focus for the Indian batters, with the England pacer taking a hat-trick against South Africa. Apart from Shrubsole and the powerful batting line-up, India will have to adjust to the conditions. All their three league games were on the slow, low Providence wicket while the pitch in North Sound, Antigua has assisted the pacers a lot more.Read More | Women’s World T20: West Indies beat England in last-over thrillerIn Guyana, India were well-served by spinners Poonam Yadav, Radha Yadav and Deepti Sharma in the league games. Poonam, in particular, has been superb with eight wickets and a fantastic economy rate and she has received great support from Radha and Sharma. In addition, Dayalan Hemlatha has also given great support. When it comes to the batting, Mithali Raj has demonstrated her class with two fifties but she has been plagued by injuries. Jemimah Rodrigues has been solid in the middle order but she has not converted her starts into big scores. The lower middle-order has not been tested much and this could be a problem heading into the knock-outs.England eye great startHeading into the contest, England’s confidence will be slightly dented after they lost in the last over to the West Indies in their last league game. However, the side will be aware of the threat posed by India, most notably from Harmanpreet and Mithali.England’s batting has not been tested much in this World T20, with the game against Sri Lanka getting washed out while South Africa was bowled out for 85. The likes of Natalie Sciver, Heather Knight, Tammy Beaumont and Amy Jones have not fired for the inaugural World T20 champions. It is the bowling, led by Shrubsole and Kirstie Gordon with seven and six wickets respectively that has helped England reach this stage.India and England have squared off four times in the World T20 with England winning all four of their encounters. However, India registered their first win in this competition against Australia recently and they have the chance to break yet another jinx. last_img read more