This trend highlights the significant role of immigration in shaping recent US population growth.
Category: News
Media Bury Kamala Harris’s Disastrous First Solo Interview
The mainstream media have buried Vice President Kamala Harris’s first solo interview in the eight weeks since she joined the presidential race, either failing to report it or claiming, falsely, that it was a great success.
The post Media Bury Kamala Harris’s Disastrous First Solo Interview appeared first on Breitbart.
Ronald Reagan Was The Catalyst For The Democrat Cheating Machine
by Vince Coyner, American Thinker: I would argue that, aside from 1860, 1984 was the most important election in American history. Ronald Reagan was running against Jimmy Carter’s vice president, Walter Mondale. At the end of the Carter administration, America was beleaguered, both emotionally and economically. When Reagan took office, the Iranian Hostage countdown had […]
JP Morgan And Bank Of America Take Strides To Curb ‘Overworked’ Junior Bankers’ Hours
JP Morgan And Bank Of America Take Strides To Curb ‘Overworked’ Junior Bankers’ Hours
Years after the infamous Goldman Sachs slide deck, wherein junior bankers complained about working long hours on…of all places, Wall Street…it appears that banks like JP Morgan and Bank of America are taking steps to monitor and limit junior banker hours.
The move comes after a Wall Street Journal investigation into what it calls a “dangerous culture of overwork” on Wall Street.
JPMorgan is now capping junior bankers’ hours at 80 per week, while Bank of America is rolling out a tool requiring detailed time tracking, according to a new report from the Wall Street Journal.
These changes follow a Wall Street Journal investigation revealing that junior bankers at Bank of America were told to lie about their hours to stay within limits. The debate over junior bankers’ workloads, with entry-level salaries up to $200,000, has long divided Wall Street.
Many new bankers are drawn to the promise of wealth but report that excessive hours take a toll on their mental and physical health.
The report once again brings up the death of 35-year-old Bank of America associate Leo Lukenas III, who worked multiple 100-hour weeks on a $2 billion deal.
An autopsy revealed he died from a blood clot in a coronary artery. In response, JPMorgan introduced its first-ever cap of 80 hours a week for junior bankers, the same limit as for medical residents in New York.
JPMorgan already offers a protected window from 6 p.m. Friday to noon Saturday and guarantees one full weekend off every three months, though bankers often work 80 to 120 hours during intense projects.
Bank of America had previously capped junior bankers’ hours, but the Wall Street Journal found the rules were often violated, with some managers instructing employees to lie about their hours. After the Journal’s initial report, the bank urged staff to report any pressure to falsify time records.
Recently, Bank of America introduced a new tool requiring U.S. junior bankers to log their hours daily and specify which deals they’re working on and the overseeing senior bankers. The tool, set to launch next week, also allows junior staff to report their workload capacity on a scale of 1 to 4. It was developed prior to Lukenas’s death.
“We successfully piloted this improved technology platform earlier this year to help our team more efficiently serve our investment banking clients,” a B of A spokesperson told the Journal.
We wrote back in July that junior bankers were working 100 hour weeks again. We’ll be interested to see how long this ‘close tracking’ of hours lasts. Our guess is not a second longer than it needs to in order to get the desired PR effect and get the public off their backs. Old habits die hard on, on Wall Street in particular.
Tyler Durden
Sun, 09/15/2024 – 07:35
WHO Approves Bill Gates’ Experimental Mpox Jab for Millions of Babies in Africa
by Sean Adl-Tabatabai, The Peoples Voice: Millions of babies in Africa will be forced to take Bill Gates’ new experimental Mpox vaccine, the World Health Organization announced on Friday. WHO’s approval of the Gates-funded Bavarian Nordic vaccine will help governments and international agencies such as the Gavi, the Vaccine Alliance, and UNICEF, buy it, MedicalXpress reported. TRUTH LIVES on at https://sgtreport.tv/ The […]
Tropical Depression Ileana Forecast Discussion
Issued at 200 AM MST Sun Sep 15 2024
064 WTPZ44 KNHC 150844 TCDEP4 Tropical Depression Ileana Discussion Number 12 NWS National Hurricane Center Miami FL EP092024 200 AM MST Sun Sep 15 2024 All of Ileana's deep convection dissipated yesterday afternoon, and all that is left now is a swirl of low clouds off the coast of northern Sinaloa. An ASCAT-C pass from 0410 UTC showed maximum winds near 30 kt over the Gulf of California near northern Sinaloa, and a weather station in Topolobampo is no longer reporting winds to tropical storm force. As a result, Ileana is now designated as a 30-kt tropical depression, and all coastal warnings in Mexico have been discontinued. Ileana has been meandering, but the longer-term motion is west-northwestward, or 300/2 kt. Model guidance indicates that the cyclone should turn northwestward later today but maintain a generally slow motion while moving over the Gulf of California. Due to strong southwesterly shear and a very dry atmosphere, deep convection is not expected to redevelop, and it's likely that Gordon will be declared a remnant low later this morning. The remnant low is expected to dissipate on Monday. FORECAST POSITIONS AND MAX WINDS INIT 15/0900Z 25.5N 109.3W 30 KT 35 MPH 12H 15/1800Z 25.8N 109.8W 25 KT 30 MPH...POST-TROP/REMNT LOW 24H 16/0600Z 26.5N 110.4W 20 KT 25 MPH...POST-TROP/REMNT LOW 36H 16/1800Z...DISSIPATED $$ Forecaster Berg
Tropical Depression Ileana Wind Speed Probabilities
Issued at 0900 UTC SUN SEP 15 2024
Tropical Depression Ileana Public Advisory
…ILEANA WEAKENS TO A TROPICAL DEPRESSION… …FORECAST TO BECOME A REMNANT LOW LATER THIS MORNING…
As of 2:00 AM MST Sun Sep 15
the center of Ileana was located near 25.5, -109.3
with movement WNW at 2 mph.
The minimum central pressure was 1006 mb
with maximum sustained winds of about 35 mph.
Tropical Depression Ileana Forecast Advisory
Issued at 0900 UTC SUN SEP 15 2024
376 WTPZ24 KNHC 150843 TCMEP4 TROPICAL DEPRESSION ILEANA FORECAST/ADVISORY NUMBER 12 NWS NATIONAL HURRICANE CENTER MIAMI FL EP092024 0900 UTC SUN SEP 15 2024 TROPICAL DEPRESSION CENTER LOCATED NEAR 25.5N 109.3W AT 15/0900Z POSITION ACCURATE WITHIN 20 NM PRESENT MOVEMENT TOWARD THE WEST-NORTHWEST OR 300 DEGREES AT 2 KT ESTIMATED MINIMUM CENTRAL PRESSURE 1006 MB MAX SUSTAINED WINDS 30 KT WITH GUSTS TO 40 KT. WINDS AND SEAS VARY GREATLY IN EACH QUADRANT. RADII IN NAUTICAL MILES ARE THE LARGEST RADII EXPECTED ANYWHERE IN THAT QUADRANT. REPEAT...CENTER LOCATED NEAR 25.5N 109.3W AT 15/0900Z AT 15/0600Z CENTER WAS LOCATED NEAR 25.4N 109.3W FORECAST VALID 15/1800Z 25.8N 109.8W...POST-TROP/REMNT LOW MAX WIND 25 KT...GUSTS 35 KT. FORECAST VALID 16/0600Z 26.5N 110.4W...POST-TROP/REMNT LOW MAX WIND 20 KT...GUSTS 30 KT. FORECAST VALID 16/1800Z...DISSIPATED REQUEST FOR 3 HOURLY SHIP REPORTS WITHIN 300 MILES OF 25.5N 109.3W NEXT ADVISORY AT 15/1500Z $$ FORECASTER BERG