Thursday, April 1, 2010
04/01/10 Here is the speech that blogger Jane Genova delivered today on career transition to the NY State Bar
Remarks by Jane Genova, President of Genova Writing, Coaching and More, at the New York State Bar Association Career Transition Program, Manhattan, New York, April 1, 2010
OUR STORIES: LEVERAGING THEM FOR CAREER TRANSITION
Lauren, thank you for that kind introduction. Rosemary, I appreciate your getting us started.
And I want to thank all of you here and on our web link for having the courage to be thinking about career change. It’s a scary topic. I know. After 9/11, my communications boutique collapsed. I had to start something new. C.S. Lewis has said: “Experience is a brutal teacher but we learn, boy do we learn.” I learned. I’m bundling what I learned and what I know from my communications and coaching background. And I hope to send you back into the work world with the tools you need for your own career transitions.
Our generation selected career paths and assumed we will stay on them. That isn’t how things are working out, though, is it. The shock of that has made some of us inefficient in getting to What’s Next. The most efficient way to move from where we are to where we need to be to earn a living is this: Creating the right stories and communicating them exactly right. The wrong stories told ineptly make everything harder. Or even impossible.
Here is how two different former partners started out their stories:
Story 1: “My firm said it wasn’t performance reasons.”
Story 2: “I’m a businessperson with 30 years experience and a law background.”
Guess who gets the job offers or is approached about starting a business?
Okay, both partners are bright, educated. Why does the first make such a poor presentation of self? Why so defensive? So stuck in what was?
I have come to see that there are five reasons why too many of us best and brightest make a mess of career change, at least at the outset.
One reason is Self-hate. When Buddhist monks come to America what they notice is the epidemic of self-hate. In their nation of Tibet, there isn’t even a word for self-loathing.
We tend to hate ourselves because that’s how capitalism operates. America has been the Magic Kingdom of capitalism. That system shaped us.
Capitalism is based on two beliefs: More and individualism.
The more impels us to strive to be more successful and acquire more material goods to show evidence of that success. Of course, the game is rigged. We will never get enough of the more. So we wind up seeing ourselves as less-than. Self-doubt becomes the default mode.
The individualism part of capitalism puts the responsibility for being more squarely on us. So when there are setbacks, we blame ourselves. Shame follows. For our generation at least, setbacks carry stigma. We have been bad capitalistic girls and boys.
Our stories reflect this self-hate. We exclaim:
“I should have.”
“If only.”
“I was never meant to be a lawyer.”
These stories are what we tell the world and ourselves.
How do we stop telling them?
Here’s a shortcut. Pretend you’re guiding someone else’s career transition. How would you advise them to present themselves? Often small changes make big impacts.
The “I should have” can become “I did.” The focus is on accomplishment, often in the face of obstacles.
The “If only” becomes “We don’t know, do we.” The focus shifts to reality. The reality is that we will never know if we did X, Y would follow. So, we don’t go there. It’s mere speculation and it can be painful.
The “I was never meant to be a lawyer” becomes “From my legal background I can offer these skills.” The reality is that over the years we have acquired many skills.
One more tip about self-hate. It can be transformed by simple self-love. Try embracing yourself just as you are, with no need for an extreme makeover.
The second reason we tend to stumble in career change is that the past grabs us by the throat. The past controls us. When the past is in the driver’s seat, we aren’t in the present. We are not able to read situations and people accurately. We are not able to spot opportunity, pounce on it, and exploit it.
We tend to wind up in the past because that’s what we know. Human beings aren’t wired for uncertainty. The present is not very comfortable when we are in transition. The future is a total unknown.
How to lift ourselves out of the past? We listen to the stories of career changers who have gone before us. Think about Hillary Clinton. She’s a wonderful role model for presenting herself to her advantage in the now.
We also tell ourselves stories about what could be. The most conversations in life, including in our dreams when we sleep, are with ourselves.
We tell the world optimistic tales about our progress in the now.
One day we wake up and we are in the right now. And it’s an okay place to be.
The third reason for presenting ourselves poorly is ambivalence. That’s expected. Most of us aren’t ready for a long time to surrender our former identity and take on a new one. Understandable but lethal. Those who can help us become confused by the mixed signals we give off. Employers, customers, and clients don’t have a clear idea who we are or what value we can create for them.
We apply for a public relations position with a lawyer’s persona. Of course we don’t get the job.
We try to start a dog-walking business and who the dog owners meet is a lawyer. Of course, we don’t get too far.
We apply for a temporary job in document review as a partner of a top law firm. Those in charge of assigning scratch their heads.
The way out of this ambivalence is to select those in fields we want to enter. Study their professional persona. Imitate. Eventually we will find our own style.
We observe the head of a public relations agency who lives next door to us. What is her language? Her attire? Her eye contact? Her car? Her attaché case?
We observe the pharmaceutical writer who’s at our gym.
We observe the entrepreneur at our 12-step meeting.
From all that, we put together a new image. We leave the lawyer behind. Change our behavior and the mindset will follow.
The fourth reason we don’t have an edge in career change is fear. That is one of the most primitive emotions. And it can kill. The woman is attacked. She’s too gripped by fear to even scream. She winds up murdered. The former partner is overcome by fear of the future. He starts on a downward trajectory. The partner fears being laid off. That so controls her that she makes all the wrong moves. She is laid off.
The good news is that science and experience show that fear is manageable. Fear doesn’t have to determine our behavior.
The first step is awareness. We ask ourselves: What’s going on? The answer could be fear. Awareness is our primary tool for dealing with fear.
Once we’re aware, we take action. There are so many tactics. We can concentrate on how we inhale and exhale. It’s a calming and centering ritual. We can learn more sophisticated meditation techniques. We can attend a free support group, such as 12-step meetings, to learn how to turn our fear over to the universe. There are medications which block anxiety attacks so they won’t occur. We can take advantage of cognitive behavioral therapy or CBT. FORBES, the bible of capitalism, recognized CBT as working and only taking five months treatment time. The effectiveness of CBT comes from its orientation toward doing something. If we are in the act of doing, not feeling, we are not in the fear zone.
The fifth reason we blow opportunities to move to a fresh career is immaturity. None of us is fully grown up. During crisis, we tend to regress. His or her majesty the baby emerges and messes up everything.
There are a number of definitions of being grown up. One comes from a short story by Truman Capote. That story is “New York, 1949.” In it, the narrator concludes maturing means realizing that not everyone loves us. Another definition comes from psychologists. They posit we grow up when we accept that we are totally responsible for taking care of ourselves and that we are fully equipped to do that job. If we accept that responsibility we don’t waste energy blaming others for what was, is or will be.
Believe me, career transition goes more easily when we are grown up. In 2003, I finally achieved that developmental milestone.
Okay, we know the Five Demons lurking to derail us: They are Self-hate, The Past, Ambivalence, Fear, and Immaturity. Now let’s look at how to steer clear of them as we do our resumes and cover letters and perform in interviews.
The resume. Actually, it’s plural: ResumeS. There will be resumes. We have to custom-make them for each line of work we are exploring. Generic resumes get tossed.
Essentially resumes are stories we create to tell employers, customers and clients what they want to hear. Resumes are not about us. They are pitches to reassure skittish buyers that we are the ones to purchase.
Buying is a high-stakes decision in this economy of scarcity. The wrong decision can cost money, the brand, the organizational confidence.
Here are resume must-dos.
Find out the format of resume the industry or the company prefers. There are many kinds of resumes. Contact headhunters or human resources at the organization about the pattern you should follow.
Research the industry and the organization to pick up on what matters, the language used, the way to signal accomplishments. Switch over to that mode of presenting yourself rather than how you presented yourself as a lawyer. The first thing smart professionals do when entering a new field or organization is talk like “they” do.
Limit your professional history to the last 10 years. Otherwise you’re flagging yourself as “old.”
Be concrete. The more quantitative the better. Example, “The team brought in $2.3 million of new business.”
Turn negatives into positives. If you were in prison, describe the literary program you created there.
Fill in gaps. It doesn’t matter how. What matters is that you’re communicating to the employer that you know the game. The game is that there can’t be gaps in employment history. You might have been trying to start a new business. You might have been consulting. You might have been taking temporary assignments. You might have been working for your brother-in-law.
Delete what doesn’t align with a specific job description or assignments. The story has to be consistent and move forward. Less is more.
Video resumes are fine. But make sure your photo puts you at an advantage.
Keep asking yourself: Does this resume sound like it’s from a lawyer or does it communicate a new professional identity?
Based on feedback, keep revising the resume.
I have been asked? Is lying okay.
No, lying is not okay. What is okay is positioning and packaging yourself to give you the advantage in applying for a specific opportunity. Everything has to be geared to that particular job or assignment.
What are the red flags a resume isn’t effective? There are two. One is no response. The other is too fast a response. And that response is rejection.
Should you use a professional resume service? If you are not getting interviews, that means your resume isn’t working. If you can’t fix that, yes, research resume services. They vary in quality.
Next is the cover letter. I view the cover letter as a type of performance art. It’s dynamic. It should set off electricity. We are pulling out all stops to get the reader’s attention. Our goal is for the reader to take the next steps, which are moving on to review our resume and then invite us for an interview.
Again, we are telling the story employers want to hear. This is not our story. This is a story custom-made for them.
Business is personal. We start out saying something about the organization. That means we did our research. What we say should be directly aligned with why we’re enthusiastic about applying for this opportunity.
Next, present your strongest evidence that you are the best candidate. Make explicit what edge you’re bringing. Be concrete. Employers want to hear about how you can do more with less. How your legal background can prevent problems with compliance. How you developed new business for a previous employer.
Go beyond. Offer to develop a marketing plan as part of the application process. Offer to work free for a week. Offer to do a competitive analysis.
Yes, you can attach material that is directly related to that job. For example, I would attach a chapter I ghostwrote on measurement when applying for an assignment on metrics in online communications.
Give a call to action. Say you will follow up with a phone call if that’s allowed.
Otherwise let them know how they can reach you.
If you’re not getting a response, try other approaches. If those aren’t effective, then consider hiring professional communications help. Strong cover letters do get a response. That’s the purpose of cover letters: To have you stand out so the employer notices you.
The third piece is the interview. You could be reviewed by email, phone, and in-person. As every salesperson knows, the way to “close” is to mirror the organization and the particular people in the loop. We humans are tribal. We want to be with our own. You want to demonstrate you can become a member of that tribe.
Mirroring requires research about the organizational culture and, if possible, about the screeners. In addition, once the process is underway, you will do speedreading. Based on what you are picking up, you will adjust your tone, pacing, language, and the kind of evidence you present. One technique is to act as if you are already a member of the team. Use the term “we.” Suggest ways you can help out.
Mirroring is an art, not a science. Mirror too closely and you come across as a caricature. Mirror too selectively and you will be giving off mixed signals that confuse the screeners.
Mastering this art demands practice. That’s why you will push for every interview you can get. In the beginning you will probably perform poorly. After the interview, reverse-engineer every aspect to discover what you could have done better and what was a fatal move.
Here are the interviews must-dos.
Understand that interviewers fall into types. There are essentially two types. One is the good cop. That tactic is meant to lull us into relaxing – too much. Never fall for that. The other is the bad cop. That approach is meant to shake us up. Once we are aware this is the game, we can manage it. The focus is presenting yourself as the best candidate for the position.
Accept that not every organization is the fit for you. Interviews are a two-way street. We are checking them out just like they are checking us out. The marketplace is fragmented. That means there are diverse settings in which we can work.
Be detached. The most successful salespeople adopt an attitude of nonattachment. Intensity scares others. It also inhibits our ability to speedread and make the best response. One trick is to position the interview as for something which will be a sort of temporary assignment. Nice to have. Useful. But not to take too seriously.
Mid-course, interviews going badly can be rescued. One tactic is to become explicit about sensing concerns by the employer or misconceptions they might have. Then address them. You have nothing to lose and the practice will do you good.
Follow-up. Yes, you can forward a paper you just published or an accomplishment on a part-time job.
Accept that there is learning curve. The way to keep count is if you’re improving in how you present yourself, not if you get the job.
Okay, we know how to approach resumes, cover letters, and interviews. What else could we be doing to change our behavior to make transition smoother and to get what we want in terms of how we earn a living?
Here are seven tips.
One, Be optimistic. There’s good reason for that. A study done by policy experts Barry Bluestone and Mark Melnick predicts this: By 2018, the American economy will create 14.6 million nonfarm jobs. That will generate a job GLUT. There will be a gap between demand for manpower and the supply. That’s where we come in. We older professionals will receive incentives to keep in the labor force. If you choose, we will stay employed into our 70s, 80s, and 90s. Already that phenomenon has been framed as The Gray Revolution. Human resources departments are already busy making Gray-friendly policies.
Two, Never leave home without a cover story. We owe no one information about what is going on inside us or in our job search. The best defense is the offense. Cover stories about what we’re up to puts us out there on the offense. We only have to let our families in.
Three, Get work. Any type. No, not volunteer activities. No matter how much severance you receive, paid employment puts us in the marketplace now. We’re liberated from the past.
We have a front-row seat at observing the new marketplace.
Four, Planning can box us into only seeing certain opportunities. Better to stay totally open. This is a volatile marketplace. Good things usually fall into our laps.
Five, Prune your network. The old crowd probably doesn’t want to see you. Research shows that weak links or distant ties are where jobs come from. Once we’re out of our traditional networks we have access to new sources of information. Also our new contacts don’t pigeon-hole us as to what we can or cannot do. They might say, “Mike, there’s an opening in my building for a salesman you’d be perfect for.” Our former contacts might not have seen us in the salesman role.
Six, Honor the Sabbath. Taking breaks from career transition keeps us alert and creative.
Seven, Love learning. That’s what the new economy is all about. Learn and earn. We learn from every “no” we receive. Failure is the new rite of passage. If we’re not failing often and failing fast we’re not trying enough that’s new and learning enough.
Well, you can learn a lot more from my new book OVER-50: HOW WE KEEP WORKING. It’s available online from Barnes and Noble as well as Amazon.com.
Thank you for your attention.
====================================
Please send your comments, news tips and press releases to GreenwichRoundup@gmail.com
OUR STORIES: LEVERAGING THEM FOR CAREER TRANSITION
Lauren, thank you for that kind introduction. Rosemary, I appreciate your getting us started.
And I want to thank all of you here and on our web link for having the courage to be thinking about career change. It’s a scary topic. I know. After 9/11, my communications boutique collapsed. I had to start something new. C.S. Lewis has said: “Experience is a brutal teacher but we learn, boy do we learn.” I learned. I’m bundling what I learned and what I know from my communications and coaching background. And I hope to send you back into the work world with the tools you need for your own career transitions.
Our generation selected career paths and assumed we will stay on them. That isn’t how things are working out, though, is it. The shock of that has made some of us inefficient in getting to What’s Next. The most efficient way to move from where we are to where we need to be to earn a living is this: Creating the right stories and communicating them exactly right. The wrong stories told ineptly make everything harder. Or even impossible.
Here is how two different former partners started out their stories:
Story 1: “My firm said it wasn’t performance reasons.”
Story 2: “I’m a businessperson with 30 years experience and a law background.”
Guess who gets the job offers or is approached about starting a business?
Okay, both partners are bright, educated. Why does the first make such a poor presentation of self? Why so defensive? So stuck in what was?
I have come to see that there are five reasons why too many of us best and brightest make a mess of career change, at least at the outset.
One reason is Self-hate. When Buddhist monks come to America what they notice is the epidemic of self-hate. In their nation of Tibet, there isn’t even a word for self-loathing.
We tend to hate ourselves because that’s how capitalism operates. America has been the Magic Kingdom of capitalism. That system shaped us.
Capitalism is based on two beliefs: More and individualism.
The more impels us to strive to be more successful and acquire more material goods to show evidence of that success. Of course, the game is rigged. We will never get enough of the more. So we wind up seeing ourselves as less-than. Self-doubt becomes the default mode.
The individualism part of capitalism puts the responsibility for being more squarely on us. So when there are setbacks, we blame ourselves. Shame follows. For our generation at least, setbacks carry stigma. We have been bad capitalistic girls and boys.
Our stories reflect this self-hate. We exclaim:
“I should have.”
“If only.”
“I was never meant to be a lawyer.”
These stories are what we tell the world and ourselves.
How do we stop telling them?
Here’s a shortcut. Pretend you’re guiding someone else’s career transition. How would you advise them to present themselves? Often small changes make big impacts.
The “I should have” can become “I did.” The focus is on accomplishment, often in the face of obstacles.
The “If only” becomes “We don’t know, do we.” The focus shifts to reality. The reality is that we will never know if we did X, Y would follow. So, we don’t go there. It’s mere speculation and it can be painful.
The “I was never meant to be a lawyer” becomes “From my legal background I can offer these skills.” The reality is that over the years we have acquired many skills.
One more tip about self-hate. It can be transformed by simple self-love. Try embracing yourself just as you are, with no need for an extreme makeover.
The second reason we tend to stumble in career change is that the past grabs us by the throat. The past controls us. When the past is in the driver’s seat, we aren’t in the present. We are not able to read situations and people accurately. We are not able to spot opportunity, pounce on it, and exploit it.
We tend to wind up in the past because that’s what we know. Human beings aren’t wired for uncertainty. The present is not very comfortable when we are in transition. The future is a total unknown.
How to lift ourselves out of the past? We listen to the stories of career changers who have gone before us. Think about Hillary Clinton. She’s a wonderful role model for presenting herself to her advantage in the now.
We also tell ourselves stories about what could be. The most conversations in life, including in our dreams when we sleep, are with ourselves.
We tell the world optimistic tales about our progress in the now.
One day we wake up and we are in the right now. And it’s an okay place to be.
The third reason for presenting ourselves poorly is ambivalence. That’s expected. Most of us aren’t ready for a long time to surrender our former identity and take on a new one. Understandable but lethal. Those who can help us become confused by the mixed signals we give off. Employers, customers, and clients don’t have a clear idea who we are or what value we can create for them.
We apply for a public relations position with a lawyer’s persona. Of course we don’t get the job.
We try to start a dog-walking business and who the dog owners meet is a lawyer. Of course, we don’t get too far.
We apply for a temporary job in document review as a partner of a top law firm. Those in charge of assigning scratch their heads.
The way out of this ambivalence is to select those in fields we want to enter. Study their professional persona. Imitate. Eventually we will find our own style.
We observe the head of a public relations agency who lives next door to us. What is her language? Her attire? Her eye contact? Her car? Her attaché case?
We observe the pharmaceutical writer who’s at our gym.
We observe the entrepreneur at our 12-step meeting.
From all that, we put together a new image. We leave the lawyer behind. Change our behavior and the mindset will follow.
The fourth reason we don’t have an edge in career change is fear. That is one of the most primitive emotions. And it can kill. The woman is attacked. She’s too gripped by fear to even scream. She winds up murdered. The former partner is overcome by fear of the future. He starts on a downward trajectory. The partner fears being laid off. That so controls her that she makes all the wrong moves. She is laid off.
The good news is that science and experience show that fear is manageable. Fear doesn’t have to determine our behavior.
The first step is awareness. We ask ourselves: What’s going on? The answer could be fear. Awareness is our primary tool for dealing with fear.
Once we’re aware, we take action. There are so many tactics. We can concentrate on how we inhale and exhale. It’s a calming and centering ritual. We can learn more sophisticated meditation techniques. We can attend a free support group, such as 12-step meetings, to learn how to turn our fear over to the universe. There are medications which block anxiety attacks so they won’t occur. We can take advantage of cognitive behavioral therapy or CBT. FORBES, the bible of capitalism, recognized CBT as working and only taking five months treatment time. The effectiveness of CBT comes from its orientation toward doing something. If we are in the act of doing, not feeling, we are not in the fear zone.
The fifth reason we blow opportunities to move to a fresh career is immaturity. None of us is fully grown up. During crisis, we tend to regress. His or her majesty the baby emerges and messes up everything.
There are a number of definitions of being grown up. One comes from a short story by Truman Capote. That story is “New York, 1949.” In it, the narrator concludes maturing means realizing that not everyone loves us. Another definition comes from psychologists. They posit we grow up when we accept that we are totally responsible for taking care of ourselves and that we are fully equipped to do that job. If we accept that responsibility we don’t waste energy blaming others for what was, is or will be.
Believe me, career transition goes more easily when we are grown up. In 2003, I finally achieved that developmental milestone.
Okay, we know the Five Demons lurking to derail us: They are Self-hate, The Past, Ambivalence, Fear, and Immaturity. Now let’s look at how to steer clear of them as we do our resumes and cover letters and perform in interviews.
The resume. Actually, it’s plural: ResumeS. There will be resumes. We have to custom-make them for each line of work we are exploring. Generic resumes get tossed.
Essentially resumes are stories we create to tell employers, customers and clients what they want to hear. Resumes are not about us. They are pitches to reassure skittish buyers that we are the ones to purchase.
Buying is a high-stakes decision in this economy of scarcity. The wrong decision can cost money, the brand, the organizational confidence.
Here are resume must-dos.
Find out the format of resume the industry or the company prefers. There are many kinds of resumes. Contact headhunters or human resources at the organization about the pattern you should follow.
Research the industry and the organization to pick up on what matters, the language used, the way to signal accomplishments. Switch over to that mode of presenting yourself rather than how you presented yourself as a lawyer. The first thing smart professionals do when entering a new field or organization is talk like “they” do.
Limit your professional history to the last 10 years. Otherwise you’re flagging yourself as “old.”
Be concrete. The more quantitative the better. Example, “The team brought in $2.3 million of new business.”
Turn negatives into positives. If you were in prison, describe the literary program you created there.
Fill in gaps. It doesn’t matter how. What matters is that you’re communicating to the employer that you know the game. The game is that there can’t be gaps in employment history. You might have been trying to start a new business. You might have been consulting. You might have been taking temporary assignments. You might have been working for your brother-in-law.
Delete what doesn’t align with a specific job description or assignments. The story has to be consistent and move forward. Less is more.
Video resumes are fine. But make sure your photo puts you at an advantage.
Keep asking yourself: Does this resume sound like it’s from a lawyer or does it communicate a new professional identity?
Based on feedback, keep revising the resume.
I have been asked? Is lying okay.
No, lying is not okay. What is okay is positioning and packaging yourself to give you the advantage in applying for a specific opportunity. Everything has to be geared to that particular job or assignment.
What are the red flags a resume isn’t effective? There are two. One is no response. The other is too fast a response. And that response is rejection.
Should you use a professional resume service? If you are not getting interviews, that means your resume isn’t working. If you can’t fix that, yes, research resume services. They vary in quality.
Next is the cover letter. I view the cover letter as a type of performance art. It’s dynamic. It should set off electricity. We are pulling out all stops to get the reader’s attention. Our goal is for the reader to take the next steps, which are moving on to review our resume and then invite us for an interview.
Again, we are telling the story employers want to hear. This is not our story. This is a story custom-made for them.
Business is personal. We start out saying something about the organization. That means we did our research. What we say should be directly aligned with why we’re enthusiastic about applying for this opportunity.
Next, present your strongest evidence that you are the best candidate. Make explicit what edge you’re bringing. Be concrete. Employers want to hear about how you can do more with less. How your legal background can prevent problems with compliance. How you developed new business for a previous employer.
Go beyond. Offer to develop a marketing plan as part of the application process. Offer to work free for a week. Offer to do a competitive analysis.
Yes, you can attach material that is directly related to that job. For example, I would attach a chapter I ghostwrote on measurement when applying for an assignment on metrics in online communications.
Give a call to action. Say you will follow up with a phone call if that’s allowed.
Otherwise let them know how they can reach you.
If you’re not getting a response, try other approaches. If those aren’t effective, then consider hiring professional communications help. Strong cover letters do get a response. That’s the purpose of cover letters: To have you stand out so the employer notices you.
The third piece is the interview. You could be reviewed by email, phone, and in-person. As every salesperson knows, the way to “close” is to mirror the organization and the particular people in the loop. We humans are tribal. We want to be with our own. You want to demonstrate you can become a member of that tribe.
Mirroring requires research about the organizational culture and, if possible, about the screeners. In addition, once the process is underway, you will do speedreading. Based on what you are picking up, you will adjust your tone, pacing, language, and the kind of evidence you present. One technique is to act as if you are already a member of the team. Use the term “we.” Suggest ways you can help out.
Mirroring is an art, not a science. Mirror too closely and you come across as a caricature. Mirror too selectively and you will be giving off mixed signals that confuse the screeners.
Mastering this art demands practice. That’s why you will push for every interview you can get. In the beginning you will probably perform poorly. After the interview, reverse-engineer every aspect to discover what you could have done better and what was a fatal move.
Here are the interviews must-dos.
Understand that interviewers fall into types. There are essentially two types. One is the good cop. That tactic is meant to lull us into relaxing – too much. Never fall for that. The other is the bad cop. That approach is meant to shake us up. Once we are aware this is the game, we can manage it. The focus is presenting yourself as the best candidate for the position.
Accept that not every organization is the fit for you. Interviews are a two-way street. We are checking them out just like they are checking us out. The marketplace is fragmented. That means there are diverse settings in which we can work.
Be detached. The most successful salespeople adopt an attitude of nonattachment. Intensity scares others. It also inhibits our ability to speedread and make the best response. One trick is to position the interview as for something which will be a sort of temporary assignment. Nice to have. Useful. But not to take too seriously.
Mid-course, interviews going badly can be rescued. One tactic is to become explicit about sensing concerns by the employer or misconceptions they might have. Then address them. You have nothing to lose and the practice will do you good.
Follow-up. Yes, you can forward a paper you just published or an accomplishment on a part-time job.
Accept that there is learning curve. The way to keep count is if you’re improving in how you present yourself, not if you get the job.
Okay, we know how to approach resumes, cover letters, and interviews. What else could we be doing to change our behavior to make transition smoother and to get what we want in terms of how we earn a living?
Here are seven tips.
One, Be optimistic. There’s good reason for that. A study done by policy experts Barry Bluestone and Mark Melnick predicts this: By 2018, the American economy will create 14.6 million nonfarm jobs. That will generate a job GLUT. There will be a gap between demand for manpower and the supply. That’s where we come in. We older professionals will receive incentives to keep in the labor force. If you choose, we will stay employed into our 70s, 80s, and 90s. Already that phenomenon has been framed as The Gray Revolution. Human resources departments are already busy making Gray-friendly policies.
Two, Never leave home without a cover story. We owe no one information about what is going on inside us or in our job search. The best defense is the offense. Cover stories about what we’re up to puts us out there on the offense. We only have to let our families in.
Three, Get work. Any type. No, not volunteer activities. No matter how much severance you receive, paid employment puts us in the marketplace now. We’re liberated from the past.
We have a front-row seat at observing the new marketplace.
Four, Planning can box us into only seeing certain opportunities. Better to stay totally open. This is a volatile marketplace. Good things usually fall into our laps.
Five, Prune your network. The old crowd probably doesn’t want to see you. Research shows that weak links or distant ties are where jobs come from. Once we’re out of our traditional networks we have access to new sources of information. Also our new contacts don’t pigeon-hole us as to what we can or cannot do. They might say, “Mike, there’s an opening in my building for a salesman you’d be perfect for.” Our former contacts might not have seen us in the salesman role.
Six, Honor the Sabbath. Taking breaks from career transition keeps us alert and creative.
Seven, Love learning. That’s what the new economy is all about. Learn and earn. We learn from every “no” we receive. Failure is the new rite of passage. If we’re not failing often and failing fast we’re not trying enough that’s new and learning enough.
Well, you can learn a lot more from my new book OVER-50: HOW WE KEEP WORKING. It’s available online from Barnes and Noble as well as Amazon.com.
Thank you for your attention.
====================================
Please send your comments, news tips and press releases to GreenwichRoundup@gmail.com
04/01/10 The Raw Greenwich News Feed:Afternoon Edition
The Latest News About Greenwich
| After a year of planning, Greenwich High bands set sights for Greece Greenwich Time Emily Boyer, a senior at Greenwich High School, playing the clarinet, in a band practice on Tuesday, March 30, 2010. She is one of nearly 200 band students ... |
| Greenwich tennis registration to begin today Greenwich Post The Department of Parks and Recreation announces that it will begin taking registration for all summer tennis classes for children ages four and up to adult ... |
| Hurricane of '38 Greenwich Citizen 22, 1938 -- Greenwich was hit last evening by a tropical hurricane with 80-mile-an-hour winds and flood tides that brought death and destruction to New ... |
| 'Luxury not dead' as sells Manfredi sells Greubel for $490K Danbury News Times Manfredi Jewelers is one of 33 dealers worldwide that carries Greubel Forsay watches, the Greenwich, Conn. jeweler recently sold one for $490000 to a ... |
| Agents & Agencies Danbury News Times Ethel Winn has joined the management team at Coldwell Banker, where she will serve as the assistant manager in Darien, Greenwich, New Canaan, Stamford and ... |
| Sunset Farm house steeped in history Danbury News Times The 1840s John Sands house in Greenwich has been totally renovated and updated in recent years. Today known as Sunset Farm, the 13000-square foot home on ... |
| Catterton Partners Sells Liberty Safe To Compass Diversified Holdings CNNMoney.com (press release) GREENWICH, Conn -- Catterton Partners, one of the leading consumer-focused private equity firms in North America, today announced ... |
| Stolen car found burning on Merritt Stamford Advocate GREENWICH -- A New York City car that had been reported stolen was found burning on the side of the Merritt Parkway in Greenwich early Wednesday, ... |
| GOP eying Himes' seat, Candidates decry spending, healthcare reform Greenwich Post Jim Himes (D-4) this fall brought their cases to Greenwich March 22 at a candidate's forum at Town Hall. Dan Debicella, Will Gregory, Rob Merkle and Rick ... |
| Alternatives to Knee Replacement Surgery PR Web (press release) Greenwich, CT -- Nearly one in five Americans experiences chronic arthritis pain, which can be debilitating ... |
| Interactive Brokers Group Reports Brokerage Metrics for March 2010 MarketWatch (press release) GREENWICH, Conn. (BUSINESS WIRE) -- Interactive Brokers Group, Inc. (NASDAQ:IBKR) an automated global electronic market maker and broker, ... |
Greenwich In The Blogosphere
Recently Updated Web Pages About Greenwich
| None Detected |
04/01/10 Jenna Ailshire is now following Greenwich Roundup on Twitter!
Jenna Ailshire (Kariosvfo) is now following Greenwich Roundup's tweets on Twitter.A little information about Jenna Ailshire: Please send your comments, news tips and press releaes to GreenwichRoundup@gmail.com |
04/0110 Reader Submitted Comments About Greenwich Roundup's April Fool's Joke
Matt Has A Comment About 04/01/10 Local Greenwich Economy Grinds To Halt As Nation Realizes Money Just A Symbolic, Mutually Shared Illusion "I Hope This Is A Joke"
Other Comments:
"Greenwich Roundup's April Fools joke is funny funny." From Salty
"I love those Greenwich Roundup pranksters" From James Greenwich
"I thought this April fools story was hilarious!" From Anonymous
"OMG! This is hysterical! I love it." From Lisa
"i think that women had been smoking somthin to think that" From Nicky
"nice prank how long did it take you to come up with this one?" From Alan
"Not funny" From Jennifer
"I quit my job today:)" From Anonymous
"So you think it was funny" From K
"That is the typical drivel that only a blog like Greenwich Roundup would deem intelligent and amusing." From Anonymous
"now that is comedy......aaaahaahahaha" From Mallory
"Thanks, Tell it like it is- someone had to say it to the hypocritical morons" From Anonymous
==================================
04/01/10 Excel Tutoring is now following Greenwich Roundup on Twitter!
Excel Tutoring (ExcelTutoring) is now following your tweets on Twitter.A little information about Excel Tutoring : Please send your comments, news tips and press releases to GreenwichRoundup@gmail.com |
04/01/10 The Greenwich First Selectman Report
The Latest News About Greenwich First Selectman Peter Tesei
| FEMA tours town to assess damages Greenwich Time First Selectman Peter Tesei, who was on hand for the tour, said the visits were key. "This is an integral part of supporting the overall request for a ... |
Greenwich First Selectman Peter Tesei In The Blogosphere
04/01/10 Local Greenwich Economy Grinds To Halt As Nation Realizes Money Just A Symbolic, Mutually Shared Illusion
Some
Greenwich Headge Funds Have Ceased To Function Overnight
The trouble began after unexpected existential remarks by Federal Reserve chairman Ben Bernanke shocked Americans into realizing that money is, in fact, just a meaningless and intangible social construct.
What began as a routine appearance on the Larry King Show ended with Bernanke passionately disavowing the entire concept of currency, and negating in an instant the very foundation of the local Greenwich economy.
"Though raising interest rates is unlikely at the moment, the Fed will of course act appropriately if we…if we…" Bernanke, who then paused for a moment on the Larry King Show and then shook his head in utter disbelief. "You know what? It doesn't matter. None of this—this so-called 'money'—really matters at all."
"It's just an illusion," a wide-eyed Bernanke added as he removed bills from his wallet and slowly spread them out before him. "Just look at it: Meaningless pieces of paper with numbers printed on them. Worthless."
The CNN talk show host Larry King sat in thunderstruck silence for several moments until he finally shouted out, "Oh my God, he's right. It's all a mirage. All of it—the money, our whole economy—it's all a lie!"
Today as news of the nation's collectively held delusion spread, the economy ground to a halt, with dumbfounded citizens everywhere walking out on their jobs as they contemplated the little green drawings of buildings and dead white men they once used to measure their adequacy and importance as human beings.
At the New York Stock Exchange, this morning's opening bell echoed across a silent floor as the few Greenwich traders who arrived for work out of habit looked up blankly at the meaningless scrolling numbers on the flashing screens above.
"I've spent 25 years in this room yelling 'Buy, buy! Sell, sell!' and for what?" Greenwich resident Michael Bennett said. "All I've done is move arbitrary designations of wealth from one column to another, wasting my life chasing this unattainable hallucination of wealth."
"What a cruel cosmic joke," he added. "I'm going home to hug my daughter."
Sources at Greenwich Town Hall said First Selectman Peter Tesei was "still trying to get his head around all this" and was in seclusion with his coin collection, muttering "it's just metal, it's just metal" over and over again.
"The First Selectman will be making a statement very soon," town administrator John Crary told reporters. "At the moment, though, his mind is just too blown to comment."
A few Greenwich banks have remained open, though most teller windows are unmanned due to a lack of interest in transactions involving mere scraps of paper or, worse, decimal points and computer data signifying mere scraps of paper. At the Chase Bank branch at 500 West Putnam Avenue, curious former customers wandered aimlessly through a large empty vault, while several would-be robbers of a Chase bank in Old Greenwich put their guns down and exited the building hand in hand with a security guard, laughing over the inherent absurdity of the idea of $100 bills.
Likewise, the real estate industry has all but vanished, with mortgage lenders seeing no reason to stop people from reclaiming their foreclosed-upon homes.
"I don't even know what we were thinking in the first place," said real estate blogger Chris Fountain, as he jimmyed open a door to allow a single mother and her five children to move back into their house. "A bunch of people sign a bunch of papers, and now this family has no place to live? That's just plain ludicrous."
The realization that money is nothing more than an elaborate head game seems to have penetrated the entire town: In Byram, for instance, a collection agent reportedly broke down in joyful sobs when he informed a woman on the other end of the phone that he had absolutely no reason to harass her anymore, as her debt was no longer comprehensible.
For some Greenwich residents, the fog of disbelief surrounding the nation's epiphany has begun to lift, with many building new lives free from the illusion of money.
"It's back to basics for me," Sam Romeo of Cos Cob said. "I'm going to till the soil for my own sustenance and get anything else I need by bartering. If I want milk, I'll pay for it in tomatoes. If need a new hoe, I'll pay for it in lettuce."
When asked, hypothetically, how he would pay for complicated life-saving surgery for a loved one, Romeo seemed uncertain.
"That's a lot of vegetables, isn't it?" he said
==================================
Please send your comments, news tips and press releases to GreenwichRoundup@gmail.com
Greenwich Headge Funds Have Ceased To Function OvernightThe trouble began after unexpected existential remarks by Federal Reserve chairman Ben Bernanke shocked Americans into realizing that money is, in fact, just a meaningless and intangible social construct.
What began as a routine appearance on the Larry King Show ended with Bernanke passionately disavowing the entire concept of currency, and negating in an instant the very foundation of the local Greenwich economy.
"Though raising interest rates is unlikely at the moment, the Fed will of course act appropriately if we…if we…" Bernanke, who then paused for a moment on the Larry King Show and then shook his head in utter disbelief. "You know what? It doesn't matter. None of this—this so-called 'money'—really matters at all."
"It's just an illusion," a wide-eyed Bernanke added as he removed bills from his wallet and slowly spread them out before him. "Just look at it: Meaningless pieces of paper with numbers printed on them. Worthless."
The CNN talk show host Larry King sat in thunderstruck silence for several moments until he finally shouted out, "Oh my God, he's right. It's all a mirage. All of it—the money, our whole economy—it's all a lie!"
Today as news of the nation's collectively held delusion spread, the economy ground to a halt, with dumbfounded citizens everywhere walking out on their jobs as they contemplated the little green drawings of buildings and dead white men they once used to measure their adequacy and importance as human beings.
At the New York Stock Exchange, this morning's opening bell echoed across a silent floor as the few Greenwich traders who arrived for work out of habit looked up blankly at the meaningless scrolling numbers on the flashing screens above.
"I've spent 25 years in this room yelling 'Buy, buy! Sell, sell!' and for what?" Greenwich resident Michael Bennett said. "All I've done is move arbitrary designations of wealth from one column to another, wasting my life chasing this unattainable hallucination of wealth."
"What a cruel cosmic joke," he added. "I'm going home to hug my daughter."
Sources at Greenwich Town Hall said First Selectman Peter Tesei was "still trying to get his head around all this" and was in seclusion with his coin collection, muttering "it's just metal, it's just metal" over and over again.
"The First Selectman will be making a statement very soon," town administrator John Crary told reporters. "At the moment, though, his mind is just too blown to comment."
A few Greenwich banks have remained open, though most teller windows are unmanned due to a lack of interest in transactions involving mere scraps of paper or, worse, decimal points and computer data signifying mere scraps of paper. At the Chase Bank branch at 500 West Putnam Avenue, curious former customers wandered aimlessly through a large empty vault, while several would-be robbers of a Chase bank in Old Greenwich put their guns down and exited the building hand in hand with a security guard, laughing over the inherent absurdity of the idea of $100 bills.
Likewise, the real estate industry has all but vanished, with mortgage lenders seeing no reason to stop people from reclaiming their foreclosed-upon homes.
"I don't even know what we were thinking in the first place," said real estate blogger Chris Fountain, as he jimmyed open a door to allow a single mother and her five children to move back into their house. "A bunch of people sign a bunch of papers, and now this family has no place to live? That's just plain ludicrous."
The realization that money is nothing more than an elaborate head game seems to have penetrated the entire town: In Byram, for instance, a collection agent reportedly broke down in joyful sobs when he informed a woman on the other end of the phone that he had absolutely no reason to harass her anymore, as her debt was no longer comprehensible.
For some Greenwich residents, the fog of disbelief surrounding the nation's epiphany has begun to lift, with many building new lives free from the illusion of money.
"It's back to basics for me," Sam Romeo of Cos Cob said. "I'm going to till the soil for my own sustenance and get anything else I need by bartering. If I want milk, I'll pay for it in tomatoes. If need a new hoe, I'll pay for it in lettuce."
When asked, hypothetically, how he would pay for complicated life-saving surgery for a loved one, Romeo seemed uncertain.
"That's a lot of vegetables, isn't it?" he said
==================================
Please send your comments, news tips and press releases to GreenwichRoundup@gmail.com
04/01/10 New comment about the Whitby School in Greenwich
Tami McCarthy has left a new comment on the Greenwich Roundup post "03/31/10 Whitby School is a Shining Star in Greenwich.":
Thanks for getting the word about this special school and its recent accomplishments!
Love your blog.
Best,
Tami McCarthy
==================================
Please send your comments, news tips and press releases to GreenwichRoundup@gmail.com
Thanks for getting the word about this special school and its recent accomplishments!
Love your blog.
Best,
Tami McCarthy
==================================
Please send your comments, news tips and press releases to GreenwichRoundup@gmail.com
04/01/10 Greenwich Saab Is Growing As Westport Saab Is Closing
You Wont Read This At The Greenwich Time:
Greenwich Time Business Editor Jim Zebora Is Once Again Asleep At The Switch
Saab of Westport to merge with Cadillac-Saab of Greenwich
Saab of Westport announced that it will be merging its operations into its sister dealership, Cadillac-Saab of Greenwich. The announcement was made today by Pat Ryan, president of Saab of Westport, a member of The Ryan Auto Group.
According to Mr. Ryan, “This merger will enable us to increase operating efficiencies and maintain our service levels to our customers. It reflects the continuing business model of having fewer dealerships in a geographic marketplace, aiming to pass on to consumers savings realized by creating these economies of scale. Although we are sad to leave Westport after almost 30 years, Cadillac-Saab of Greenwich, which has been serving Greenwich for more than 10 years, will continue to serve the Westport marketplace and will become the largest dealership for those brands in Fairfield County.”
Saab of Greenwich is conveniently located at 144 Railroad Avenue in Greenwich, just off Exit 3 of I-95 and 1 block from the Greenwich train station. The dealership’s telephone number is 877-345-7222.
With regard to Saab’s future, the Saab brand was sold by General Motors to Spyker NV, a European manufacturer of exotic Sports cars. In a statement from Spyker with regard to its acquisition, they said, “(It) is great for Saab’s customers, dealers, suppliers and employees around the globe. The level of passion and support shown to Saab over recent months has been remarkable and this does bode well for the future. Now we aim to get back to the execution of our business plan, starting with the introduction of the new 9-5 later this year, and with the continued support of our employees and business partners, I am confident we will succeed.”
Mr. Ryan echoed enthusiasm for Saab’s future, “This is a great brand with a deep history and a unique plan to go forward. We are excited about being Saab’s largest dealer in Connecticut and, in fact, one of the largest in North America. Saab will return to its preeminence in an amazingly short period of time. Spyker’s new ownership has the vision right!”
It was also announced today that the current dealership location in Westport has been listed for lease with Cushman & Wakefield. Skip Lane and Jim Fagan of Cushman & Wakefield will be handling the assignment. While the property is well suited for a variety of uses, it is ownership’s intention to keep it as an auto dealership.
About Cadillac-Saab of Greenwich:
Ryan Auto Group owns and operates Saab of Greenwich the largest Saab dealer in Connecticut and one of the largest Saab dealers in the country. They additionally own and operate Cadillac of Greenwich which is one of the largest Cadillac dealers in the state. Patrick Ryan is the President of Ryan Auto Group.
About Cushman & Wakefield:
Cushman & Wakefield is the world's largest privately-held commercial real estate services firm. Founded in 1917, it has 231 offices in 58 countries and more than 13,000 employees. The firm represents a diverse customer base ranging from small businesses to Fortune 500 companies. It offers a complete range of services within five primary disciplines: Transaction Services, including tenant and landlord representation in office, industrial and retail real estate; Capital Markets, including property sales, investment management, investment banking, debt and equity financing; Client Solutions, including integrated real estate strategies for large corporations and property owners, Consulting Services, including business and real estate consulting; and Valuation & Advisory Services, including appraisals, highest and best use analysis, dispute resolution and litigation support, along with specialized expertise in various industry sectors. A recognized leader in global real estate research, the firm publishes a broad array of proprietary reports available on its online Knowledge Center at www.cushmanwakefield.com.
==================================
Please send your comments, news tips and press releases to GreenwichRoundup@gmail.com
04/01/10 YOU WONT READ THIS IN THE GREENWICH TIME: Greenwich Democratic Senate Candidate Lee Whitnum Calls For The Resignation Of Richard Blumenthal
Democratic candidate Lee Whitnum calls for the resignation of Richard Blumenthal as Attorney General and as a Democratic candidate for the US Senate.
Candidate Whitnum will meet press members:
4/1/10 8:00 – 8:30 pm and 4/2/10 7:30 – 8:00 am in the lobby of her residence
2 Homestead Lane, Greenwich, CT 06831. Please buzz unit 305.
Democratic Senate candidate Lee Whitnum called for the resignation of Richard Blumenthal today as the Attorney General and as the Democratic candidate for the United States Senate. “He’s not fit,” said Whitnum. “He should have been protecting us, the people of Connecticut and the people of the United States. He should have installed the Martin Act the first year he was in office. The entire AIG FP fiasco could have been prevented. He didn’t do his job and as a result, the greatest financial debacle and bailout in this recession took place right here in Wilton, Connecticut.”
AIG Financial Products Division (AIG FP) in Wilton, Connecticut, is the branch of AIG responsible for guaranteeing the subprime loans and the office responsible for the biggest losses in Wall Street history since the Great Depression. According to the Hartford Current, “FP’s share of the AIG bonuses, combined with its central role in the meltdown that led to $170 billion of taxpayer bailouts, has incited politicians of every stripe, from President Barack Obama to state lawmakers, to decry AIG and its FP unit as “the great villains of this recession.”
“AIG FP the biggest villain of this recession, and it happened right here in Wilton! Why? Because Richard Blumenthal didn’t do his job. Our country will now have to pay for that bailout for years to come,” said Whitnum. “He needs to resign. He should have barged into the Wilton office and cracked heads Elliot Spitzer style. He didn’t. He’ll say his hands were tied – well he should have installed the Martin Act.”
As Attorney General, Elliot Spitzer used the Martin Act to crack down on abuse. The 1921 Martin Act grants extraordinary powers to an attorney general when fighting financial fraud. According to Nicholas Thompson in Legal Affairs (http://www.legalaffairs.org/Library/sub_pop_032003.html) an attorney general can “subpoena any document he wants from anyone doing business in the state,” make investigations secret or public at his whim, and “choose between filing civil or criminal charges whenever he wants. …”people called in for questioning during Martin Act investigations do not have a right to counsel or a right against self-incrimination. Combined, the act’s powers exceed those given any regulator in any other state.”
“The Martin Act gave Elliot Spitzer the power to crack heads and everyone in Wall Street knew it,” said Whitnum. “Never once did I hear a Wall Streeter express any fear for our Attorney General. Connecticut was lawless land for these guys.” Whitnum claimed. “Conversely, fear and disdain for Spitzer was expressed all the time. To his credit, Spitzer had the power and the knowledge and used it.”
“None of the Connecticut General Statutes grant the power of the New York Martin Act and Donnelly Acts, but Blumenthal failed us either way, if he had the power and didn’t act he failed us, and if he didn’t have the power he should have anticipated their need and made sure he got it,” said Whitnum. “As Wall Street offices migrated up here to get away from Spitzer and the power of the Martin Act, why didn’t Blumenthal take the necessary legal steps to install the Martin Act in Connecticut? Why didn’t he protect us? It was his responsibility. Common sense should have dictated that,” said Whitnum. “So Blumenthal literally drove past the AIG FP Wilton office every day to work in Hartford. If he had the power of the Martin Act, Blumenthal could have stopped in at any time. Did he even know they were there? It was his job; he failed us and his country.”
“A failure at such a cataclysmic level should not go rewarded. It’s bad enough that he hasn’t resigned as Attorney General, it is morally wrong to reward a man by making him the Democratic nominee for the United States Senate,” said Whitnum. “In his own words Blumenthal called the AIG FP meltdown ‘financial failure and economic destruction at the outrageous expense of taxpayers.’
“Well Mr. Blumenthal should look no further than his own mirror when assigning blame,” said Whitnum pointing out that Blumenthal also stated that he would prevent the AIG FP office from getting bonuses this year and failed.
“A year ago, Blumenthal said that he would stop the bonuses to the AIG FP office. He didn’t. Bonuses to the very people responsible! It’s outrageous!” said Whitnum. “If he’d had the Martin Act he could have filed civil or criminal charges. Even if he didn’t have the Martin Act, he could have modified any cause of action – being creative – anything to prevent those bonuses with taxpayer money – instead he failed and gave us excuses.”
Whitnum is referring to Blumenthal’s statement in March of 2009, “We should use any and every well-founded legal weapon to recapture these baseless bonuses at AIG — rewards for financial failure and economic destruction at the outrageous expense of taxpayers. My office will carefully investigate the merits of AIG’s claims under the Connecticut Wage Act, and will take every step necessary to fight this gross misuse of taxpayer money. Corporate collapse demands accountability — not windfall payments.”
“Blumenthal is all talk and no follow-through,” said Whitnum who claims she called AIG FP and they did indeed get bonuses in March of this year. “He could have stretched some cause of action to prevent those guys from getting their bonuses. Did Mr. Blumenthal even try to stop them?” Asked Whitnum. “I doubt it.”
Whitnum claims she got an email on March 18, 2010 from Mark Herr of AIG and they recently paid, ‘sharply reduced retention payments to employees of AIG FP”. In other words, they got bonuses this year. “This Attorney General did not do what he said he would!” said Whitnum. “Why do we keep rewarding those most responsible for the complete financial meltdown of our country – including Richard Blumenthal?” asked Whitnum. “Blumenthal has proven he’s reactive not proactive. We don’t need that in the Senate – there are enough go-along-to-get-along-types there already.”
Whitnum added, “Now Blumenthal is going after the rating agency Moody’s like he’s some sort of maverick. It wasn’t even his idea – the attorney general in Ohio did it first. Blumenthal has proven he is no star. It’s all about headlines.” said Whitnum. “We needed someone with an intellect that anticipates and the moral outrage to fight.”
Whitnum contrast him to Elliot Spitzer who as attorney general according the New York Times, ‘ridiculed regulators for not cracking down enough.’ “He was like the naysayer at the party, and he was mocked for it, who’s laughing now,” said Whitnum. “You’ve got to admire a guy who is a purist and a fighter,” laughs Whitnum referring to Elliot Spitzer Time 3/15/10 Magazine article. “Spitzer on his Utah ski vacation, stripped of power, and he’s still fighting, having words with the “Wall Street guys” at the bar for what they did to their country. If we’d had an Attorney General with a half of Spitzer’s fire perhaps AIG FP financial melt-down could have been prevented. Here’s another example…,” said Whitnum.
“In the September 16, of 2005 Greenwich Time Blumenthal said he had “..plans to lead a task force to explore reforming the industry,” the hedge fund industry. “Like the AIG FP bonuses, Blumenthal grabs headlines at what he is going to do and then he drops the ball – and this is just the public stuff. Makes you wonder if anyone is watching his legal work. Blumenthal has to go.
==================================
Please send your comments, news tips and press releases to GreenwichRoundup@gmail.com
Candidate Whitnum will meet press members:
4/1/10 8:00 – 8:30 pm and 4/2/10 7:30 – 8:00 am in the lobby of her residence
2 Homestead Lane, Greenwich, CT 06831. Please buzz unit 305.
Democratic Senate candidate Lee Whitnum called for the resignation of Richard Blumenthal today as the Attorney General and as the Democratic candidate for the United States Senate. “He’s not fit,” said Whitnum. “He should have been protecting us, the people of Connecticut and the people of the United States. He should have installed the Martin Act the first year he was in office. The entire AIG FP fiasco could have been prevented. He didn’t do his job and as a result, the greatest financial debacle and bailout in this recession took place right here in Wilton, Connecticut.”
AIG Financial Products Division (AIG FP) in Wilton, Connecticut, is the branch of AIG responsible for guaranteeing the subprime loans and the office responsible for the biggest losses in Wall Street history since the Great Depression. According to the Hartford Current, “FP’s share of the AIG bonuses, combined with its central role in the meltdown that led to $170 billion of taxpayer bailouts, has incited politicians of every stripe, from President Barack Obama to state lawmakers, to decry AIG and its FP unit as “the great villains of this recession.”
“AIG FP the biggest villain of this recession, and it happened right here in Wilton! Why? Because Richard Blumenthal didn’t do his job. Our country will now have to pay for that bailout for years to come,” said Whitnum. “He needs to resign. He should have barged into the Wilton office and cracked heads Elliot Spitzer style. He didn’t. He’ll say his hands were tied – well he should have installed the Martin Act.”
As Attorney General, Elliot Spitzer used the Martin Act to crack down on abuse. The 1921 Martin Act grants extraordinary powers to an attorney general when fighting financial fraud. According to Nicholas Thompson in Legal Affairs (http://www.legalaffairs.org/Library/sub_pop_032003.html) an attorney general can “subpoena any document he wants from anyone doing business in the state,” make investigations secret or public at his whim, and “choose between filing civil or criminal charges whenever he wants. …”people called in for questioning during Martin Act investigations do not have a right to counsel or a right against self-incrimination. Combined, the act’s powers exceed those given any regulator in any other state.”
“The Martin Act gave Elliot Spitzer the power to crack heads and everyone in Wall Street knew it,” said Whitnum. “Never once did I hear a Wall Streeter express any fear for our Attorney General. Connecticut was lawless land for these guys.” Whitnum claimed. “Conversely, fear and disdain for Spitzer was expressed all the time. To his credit, Spitzer had the power and the knowledge and used it.”
“None of the Connecticut General Statutes grant the power of the New York Martin Act and Donnelly Acts, but Blumenthal failed us either way, if he had the power and didn’t act he failed us, and if he didn’t have the power he should have anticipated their need and made sure he got it,” said Whitnum. “As Wall Street offices migrated up here to get away from Spitzer and the power of the Martin Act, why didn’t Blumenthal take the necessary legal steps to install the Martin Act in Connecticut? Why didn’t he protect us? It was his responsibility. Common sense should have dictated that,” said Whitnum. “So Blumenthal literally drove past the AIG FP Wilton office every day to work in Hartford. If he had the power of the Martin Act, Blumenthal could have stopped in at any time. Did he even know they were there? It was his job; he failed us and his country.”
“A failure at such a cataclysmic level should not go rewarded. It’s bad enough that he hasn’t resigned as Attorney General, it is morally wrong to reward a man by making him the Democratic nominee for the United States Senate,” said Whitnum. “In his own words Blumenthal called the AIG FP meltdown ‘financial failure and economic destruction at the outrageous expense of taxpayers.’
“Well Mr. Blumenthal should look no further than his own mirror when assigning blame,” said Whitnum pointing out that Blumenthal also stated that he would prevent the AIG FP office from getting bonuses this year and failed.
“A year ago, Blumenthal said that he would stop the bonuses to the AIG FP office. He didn’t. Bonuses to the very people responsible! It’s outrageous!” said Whitnum. “If he’d had the Martin Act he could have filed civil or criminal charges. Even if he didn’t have the Martin Act, he could have modified any cause of action – being creative – anything to prevent those bonuses with taxpayer money – instead he failed and gave us excuses.”
Whitnum is referring to Blumenthal’s statement in March of 2009, “We should use any and every well-founded legal weapon to recapture these baseless bonuses at AIG — rewards for financial failure and economic destruction at the outrageous expense of taxpayers. My office will carefully investigate the merits of AIG’s claims under the Connecticut Wage Act, and will take every step necessary to fight this gross misuse of taxpayer money. Corporate collapse demands accountability — not windfall payments.”
“Blumenthal is all talk and no follow-through,” said Whitnum who claims she called AIG FP and they did indeed get bonuses in March of this year. “He could have stretched some cause of action to prevent those guys from getting their bonuses. Did Mr. Blumenthal even try to stop them?” Asked Whitnum. “I doubt it.”
Whitnum claims she got an email on March 18, 2010 from Mark Herr of AIG and they recently paid, ‘sharply reduced retention payments to employees of AIG FP”. In other words, they got bonuses this year. “This Attorney General did not do what he said he would!” said Whitnum. “Why do we keep rewarding those most responsible for the complete financial meltdown of our country – including Richard Blumenthal?” asked Whitnum. “Blumenthal has proven he’s reactive not proactive. We don’t need that in the Senate – there are enough go-along-to-get-along-types there already.”
Whitnum added, “Now Blumenthal is going after the rating agency Moody’s like he’s some sort of maverick. It wasn’t even his idea – the attorney general in Ohio did it first. Blumenthal has proven he is no star. It’s all about headlines.” said Whitnum. “We needed someone with an intellect that anticipates and the moral outrage to fight.”
Whitnum contrast him to Elliot Spitzer who as attorney general according the New York Times, ‘ridiculed regulators for not cracking down enough.’ “He was like the naysayer at the party, and he was mocked for it, who’s laughing now,” said Whitnum. “You’ve got to admire a guy who is a purist and a fighter,” laughs Whitnum referring to Elliot Spitzer Time 3/15/10 Magazine article. “Spitzer on his Utah ski vacation, stripped of power, and he’s still fighting, having words with the “Wall Street guys” at the bar for what they did to their country. If we’d had an Attorney General with a half of Spitzer’s fire perhaps AIG FP financial melt-down could have been prevented. Here’s another example…,” said Whitnum.
“In the September 16, of 2005 Greenwich Time Blumenthal said he had “..plans to lead a task force to explore reforming the industry,” the hedge fund industry. “Like the AIG FP bonuses, Blumenthal grabs headlines at what he is going to do and then he drops the ball – and this is just the public stuff. Makes you wonder if anyone is watching his legal work. Blumenthal has to go.
==================================
Please send your comments, news tips and press releases to GreenwichRoundup@gmail.com
04/01/10 Greenwich Reader Comments: One of you posting

Dear Sir or Madam:
One of your posting on your blog involving a very embarrassing ordeal recently cost me a great deal of humiliation and not to mention career loss. I was arrested in 2008 for allegedly speeding and driving while intoxicated. All charges have since been dropped and even the arrest date is wrong on your link. Please is there anyway you can take this post off your website? Greenwich is such a small town as it is. The fact that you are blowing up people's personal lives is very harmful and I am not sure you understand what a great deal of loss and emotional distress it causes me.
Annea
Annea
COMMENT:
Dear Annea,
I realize that people sometimes make mistakes, and I hope this was a one time incident for you.
But you must realize that what you did was very very dangerous and could have caused a lot of pain if you had hit someone.
Years ago a drunk driver crashed into a car my wife was driving.
She was taking a young man named Moses home after working in my cleaning business.
Our vehicle was totaled, but fortunately Moses and my wife survived.
At that time I was a very secular person, but that night I thanked God that the mother of my children was spared.
Even as I write this, the memory causes my eyes to tear up.
If there is something in this post or in the other post that you wish to correct or expand on you may post those comments.
I wish you well and I hope you will understand that this is a sensitive issue with me.
==================================
04/01/10 Money And PoliticsAre The Somehow Connected? - Greenwich News Maker Tom Foley
The Latest News About Greenwich Resident Tom Foley
| Campaigning takes a back seat to fundraising as candidates strive for pre ... The Connecticut Mirror Tom Foley, a Greenwich businessman who was a major fundraiser for President George W. Bush, is the Republican frontrunner, supported by 30 percent of ... See all stories on this topic |
| Newington Mayor Drops Out Of Race For Governor Hartford Courant Among Republicans in the governor's race, Wright was far behind front-runner Tom Foley of Greenwich, the former US ambassador to Ireland, in the polls. ... See all stories on this topic |
Greenwich Resident Tom Foley Is In The Blogosphere
| No Posts Detected |
Recently Updated Web Pages About Tom Foley
| Many Undecided in Race for Connecticut Governor - Tom Foley, Congress Many Undecided in Race for Connecticut Governor - A new Quinnipiac poll in Connecticut finds "undecided" is the big leader in the Democratic and Republican ... dailyradar.com/beltwayblips/.../many-undecided-in-race-for-connecticut-governor/ |
| CONNTACT.COM - Mitt Romney Endorses Tom Foley For Governor ... Mitt Romney Endorses Tom Foley For Governor; Battling Fedele,... ... Mitt Romney has endorsed former U.S. Ambassador to Ireland Tom Foley for governor. ... http://www.conntact.com/component/resource/article/newslinks/254-government/39114-mitt-romney-endorses-tom-foley-for-governor-battling-fedele.html |
| Romney backs 'problem-solver' Foley - Jessica Taylor - POLITICO.com Romney backs 'problem-solver' Foley: Former Massachusetts Gov. Mitt Romney endorsed businessman Tom Foley, the for... http://bit.ly/cc5nPA. tweetmeme.com/.../romney-backs-problem-solver-foley-jessica-taylor-politicocom |
| Swing State Project On the GOP side, Tom Foley is dominating at 30, followed by Lt. Gov Michael Fedele collapsing down to 4, Danbury mayor Mark Boughton at 4, ex-Rep. ... www.swingstateproject.com/tag/Tom%20Guild |
04/01/10 The Raw Greenwich News Feed: Overnight Edition
The Raw Greenwich News Feed Greenwich
| Greenwich Police Department Promotions open new chapter Greenwich Post Part of the Greenwich Police mission statement proclaims that "the department will actively promote an environment that encourages independent judgment and ... | ||
| GREENWICH WATER POLO PREVIEW Scoring wont be a problem for Cardinals Greenwich Time There must be something in the water at Greenwich High School. The girls water polo team has been drinking from the pool of success for the past decade and ... | ||
| Campbell tells Greenwich Republicans he will lead and listen Greenwich Post He said that he believed the state of the Republican Party in Greenwich remains strong and that he was happy for the opportunity, especially after last ... | ||
| Gabelli Global Multimedia Trust Announces Annual Meeting to Be Held on June 8 ... MarketWatch (press release) ... 2010 at The Cole Auditorium, The Greenwich Library, 101 West Putnam Avenue, Greenwich, CT 06830. Shareholders will consider and vote upon the election ... | ||
| Kavanagh honored with Old Timers' first Coach's Lifetime Achievement Award Greenwich Time John Carlucci, President of the Greenwich Old Timers Athletic Association of Greenwich, left, presents the Inaugural Coach's Lifetime Achievement Award, ... | ||
| Second major storm awakens flood fears Greenwich Post "We may have dodged a bullet this time," said Greenwich landscape architect and Byram watershed advocate Peter F. Alexander. "This points out the need for ... | ||
| Club 'kicks butts' in anti-tobacco initiative Greenwich Post Every day in America, the equivalent of one class of students at Greenwich High School dies as a result of tobacco-related causes. ... | ||
| CT residents struggle without phone service 7Online.com GREENWICH (WABC) -- Imagine going more than two weeks without a phone. That's exactly what dozens of people in one Connecticut town have been doing since ... | ||
Greenwich Post The Greenwich YMCA is continuing its new paddling sports program through the spring session with Downunder Kayaking of Rowayton. Liquid Logic river kayaks ... | ||
| Luca's, Cos Cob plant Zoners tackle two big projects Greenwich Post The site was given to the Town of Greenwich in 1987 and 10 years later was leveled with fears of PCBs and asbestos. The venue is treasured for its vistas ... | ||
| Storm Diary Greenwich Citizen Two or three days after the recent storm that rocked Greenwich and shook Jesse Meyers and his family, a passerby took this picture looking east on ... | ||
New York Times In addition to his daughter Ilene, who lives in Manhattan, he is survived by his brother Raymond, of Greenwich, Conn.; his wife, Theresa, whom he married in ... | ||
| Upgrades in high school auditorium project slated to reduce traffic, pollution ... Water World ... planners say will be part of an updated design for the $27 million rehabilitation of Greenwich High School's auditorium and music spaces being planned. ... | ||
| Man pleads guilty in Conn. plastic surgeon's death Hartford Courant A Connecticut man has pleaded guilty to manslaughter and drug charges in the death of a Greenwich plastic surgeon who overdosed on heroin. ... | ||
Greenwich In The Blogosphere
| Redskins preseason includes road trip to Arizona – Greenwich Time ... By Administrator Washington TimesRedskins preseason includes road trip to ArizonaGreenwich TimeThe NFL announced the 2010 preseason schedule Wednesday, and the Redskins will. Flagstaff Today - http://www.flagstafftoday.com/ |
| Greenwich Roundup: 03/31/10 The Greenwich First Selectman Report By Greenwich Roundup Greenwich First Selectman Peter Tesei In The Blogosphere. 03/31/10 Greenwich First Selectman Peter Tesei Says No To Accountability. ... Greenwich Roundup - http://greenwichroundup.blogspot.com/ |
| Georgian Country Masterpiece in Greenwich « Homes of the Rich By Kenny Forder This spectacular country estate, dubbed Kensington, is located on North Street in Greenwich, CT. IT was built by Greg Silver and designed by R.S. Granoff, Architects. The home boasts 12800 square feet of living space with 6 bedrooms, ... Homes of the Rich - http://homesoftherich.net/ |
| Connecticut Film Festival takes a 'more creative' approach ... By admin Tom Carruthers is the Founder and Executive Director of the Connecticut Film Festival. See more here: ... I Film News - http://www.ifilmnews.com/ |
| Setting the Stage for an Easy Sell… - Talking Tiger Lily's ... By Samantha Knapp In between shows, visit us at our design studio Tigerlilys Greenwich. We are located at 241 East Putnam Avenue across from the Cos Cob school or visit us on the web at tigerlilysgreenwich.com & talkingtigerlilys.com. Bookmark and Share ... Talking Tiger Lily's with Samantha Knapp - http://blog.ctnews.com/knapp/ |
| Westchester County Jobs Blog: Tech jobs in Purchase, NY By CM Russell Field Technician: ***This position requires you to have reliable transportation as you will be driving to our client sites in Stamford and Greenwich, CT. Most of the time you will be traveling between sites in Stamford and Greenwich, ... Westchester County Jobs Blog - http://westchestercountyjobs.blogspot.com/ |
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