first_imgThe U.S. health care system needs more trained professionals and prevention specialists to take on the often overlooked―and sometimes deadly―issue of eating disorders.“Eating disorders need to be higher up on the public health agenda,” said S. Bryn Austin, associate professor in the Department of Social and Behavioral Sciences at Harvard School of Public Health (HSPH) and director of fellowship research training in the Division of Adolescent and Young Adult Medicine at Boston Children’s Hospital. Her lecture, “Getting Eating Disorders Prevention on the Public Health Agenda: A Strategic Approach to Prevention Science, Pipelines and Workforce Training,” was held on July 23 as part of the summer’s “Hot Topics” lecture series at HSPH.Austin presented data showing a dearth of studies on preventive strategies and clinically proven interventions in the scientific literature on eating disorders. For instance, in a 2012 study she found that only 4% of nearly 1,000 studies in two of the leading eating disorder-related journals were prevention-oriented. “Clearly there’s a gap in the training pipeline. Too few prevention scientists are entering the field,” Austin told the audience. “Public health schools are leaders in training the nation’s top prevention scientists, but they are laggards in training in eating disorders,” Austin said. “We are going to have to change this before we can make meaningful headway in preventing eating disorders and related problems with weight, shape, and appearance that affect too many millions of youth and adults.” Read Full Storylast_img read more

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Thousands of firefighters lined the streets of Bethpage on a misty Thursday morning to pay tribute to FDNY veteran William Tolley, who plunged to his death last week battling a fire in Queens.Fellow firefighters had flooded Tolley’s hometown for a series of memorial services this week and their numbers grew exponentially Thursday as more than 10,000 people were expected to attend the funeral service. Outside the church, red ribbons abutted utility poles and American flags hung high.The steady mist eventually gave way to cloudy skies, punctuating the occasion as a somber mood enveloped the area around St. Martin of Tours church. With police enforcing morning road closures, the long stretch running from Hicksville Road to Bethpage State Parkway was eerily quiet until mourners trickled in for the ceremony.“His life was so rich, so rich in fact, that it makes the loss even more raw and painful,” New York City Mayor Bill DeBlasio told mourners. “But let’s take stock and remember a rich life and a full life…a life lived the way we all should live.”Tolley, 42, and about 100 other firefighters were battling a blaze at a five-story building in Ridgewood, Queens last Thursday when he fell to his death. The circumstances around his fatal fall are currently under investigation.The funeral marked a tragic end to a life of a man whose love for his family, his wife Marie and 8-year-old daughter Bella, was endless.“Bella was his first and foremost priority, the apple of his eye,” Tolley’s colleague Jarrett Kotarski said while also recalling Tolley playing drums in the heavy metal band Internal Bleeding. “Billy lived his life to the fullest, he chased down all his dreams and caught them.”Leading the procession was Tolley’s Ladder Company 135, including one in black and purple bunting carrying his American flag-draped casket. Tolley’s widow and daughter followed the casket into the church as hymns blared.The words “In Loving Memory of William N. Tolley” word etched into the truck.“His death leaves so much pain, confusion and crying,” said Father Patrick Woods, recalling the moment of devastating grief when Tolley’s daughter, Bella, learned of her father’s death.“Mommy, why are you gone all day, what happened?” she asked.“Marie a loving mother carrying her own crushing grief, gently tells Bella that Billy has gone home to God,” he recalled.“Mommy,” Bella responded, “daddy is too young to die.”And then she realized.“I have no daddy.”Consoling Bella, Marie reminded her that Tolley loved helping people.“That’s what firemen do,” she said.William Tolleylast_img read more

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Dennis Child Dennis Child is a 40 year veteran credit union CEO recently retired. He has been associated with TCT for 25 years. Today, Dennis enjoys providing solutions and training for credit … Web: Details A credit union’s Asset/Liability Management process represents one of the most important functions in its operations.   Paramount to any A/LM process are the Interest Rate Risk (IRR) and equity-at-risk limits recommended by its A/LM Committee and established by its board of directors. Limits are established so a credit union can continually measure to what degree it is placing its balance sheet and profitability at risk in changing rate environments. From those measurements credit union management can create strategies as needed. Setting limits to risk is too important to leave to guess work or simply by using peers’ numbers. Every credit union needs to set its IRR limits by using empirical, statistically-validated processes. Calculating and setting risk limits using empirical methods assures that a credit union is managing and monitoring its exposure to risk according to its unique objectives, equity, operations, and tolerance for risk.Interest Rate Risk, its measurement and management, is a primary concern for regulators. IRR should be considered a primary risk by credit union managers as well. Reviewing important points of what IRR is and how it should be managed is probably appropriate before going further with the discussion on setting IRR limits using empirical methods.Point 1: Managers and boards have responsibilities regarding IRR:A credit union’s board and management needs to be able to answer the following questions affirmatively:Does the credit union use an independently validated IRR measurement process?Do the board and management understand how their A/LM model and process works?Does the credit union apply its A/LM process consistently in its planning and operations?Point 2: IRR is a critical issue for credit unions:IRR is the risk to earnings and capital arising from the movement of interest ratesIRR arises from the differences between the timing of interest rate changes and the timing of cash flowsFor most credit unions, the primary factor driving IRR is long-term loansPoint 3: IRR policies are required by regulation (NCUA Guidance Letter 12-CU-11 August 2012):A credit union’s IRR policy should:Identify who is responsible for review of IRR exposureDirect actions to ensure management measures and controls IRR exposureState the frequency of IRR monitoring and measurement of IRR to the boardSet risk limits for IRR exposure based on a selected measurement toolChoose tests such as rate shocks that a credit union will perform using selected methodsProvide for review of changes in IRR exposure and compliance with policy and risk limit.Provide for assessment of IRR impact on business activityProvide for annual review of policy to ensure it is commensurate to risk profilesWhen appropriate, set limits for individual portfolios, activities, etc.A credit union’s limits to risk exposure are an integral part of its IRR policy. These policy limits should reflect the actual conditions uniquely inherent to a credit union’s interest margin, equity and appetite for risk.   For these reasons, using empirical methods to set IRR limits are important.Setting IRR limits using empirical methods is no easy process. A credit union may be best served by relying on the expertise of a consulting firm specializing in such matters. Such a firm should be able to show that it has invested in studies and data gathering sufficient to have developed statistically reliable modeling processes. The firm should also be able to explain to the satisfaction of managers and regulators the components of its models and how these models have been statistically validated. When considering outsourcing the task of establishing IRR limits, credit union managers probably are best served by a firm that requires a minimum of data input from credit union staff. Most firms can load much of the information they need from NCUA 5300 forms.A firm hired to provide IRR limit recommendations should be able to present at a minimum:The recommended Net Interest Income to be placed at riskThe recommended equity to be placed at riskThe recommended minimum equity ratioThe methodology and statistical testing used to arrive at its recommendationsCredit unions are in the risk management business. Effectively managing risk requires setting limits. IRR limits are critical in any financial institution’s A/LM process. Setting these limits using empirical methods that are statistically validated on a regular basis helps assure regulators that a credit union’s board and management are “on top of the game” when it comes to IRR management. More importantly, measuring and monitoring IRR against stochastically derived limits provides credit union management a meaningful method for assuring regulators they are planning and making adjustments in their balance sheets as risk conditions fluctuate. Managing IRR appropriately also assures that the credit union is in a position to take advantage of profitable opportunities when changes in interest rates present such opportunities.last_img read more