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Carol H Tucker
Passionate about knowledge management and organizational development, expert in loan servicing, virtual world denizen and community facilitator, and a DISNEY fan
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beladona Memorial
Be warned:in this very rich environment where you can immerse yourself so completely, your emotions will become engaged -- and not everyone is cognizant of that. Among the many excellent features of SL, there is no auto-return on hearts, so be wary of where your's wanders...
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EOY crapola
Today is the 45h day of the 5th week, the 30th day of the 1st month, the 30th day of 2019, and:
- National Croissant Day – Starbucks is really celebrating with different kinds and baristas wearing berets
- National Escape Day
- National Inane Answering Message Day – not too many answering machines left these days, but at one time, this was really a popular thing. For a long time, our phone used to be answered by Boris Karloff or John Wayne
- School Day of Non-violence and Peace
- Yodel for Your Neighbors Day
ON THIS DAY:
1774 - Captain James Cook reaches 71°10' south, 1820km from south pole
1790 - A lifeboat was first tested at sea, by Mr Greathead, the inventor
1815 - The US Library of Congress, burned during the sacking of DC in the War of 1812, was re-established with Thomas Jefferson's 6,500 volumes
1826 - The Menai Suspension Bridge, considered the world's first modern suspension bridge, connecting the Isle of Anglesey to the north West coast of Wales is opened.
1847 – Yerba Buena, California is renamed San Francisco, California.
1858 – The first Hallé concert is given in Manchester, England, marking the official founding of The Hallé orchestra as a full-time, professional orchestra.
1873 - "Around the World in 80 Days" by Jules Verne is published in France by Pierre-Jules Hetzel
1883 - James Ritty and John Birch received a U.S. patent for the first cash register.
1911 – The destroyer USS Terry makes the first airplane rescue at sea saving the life of Douglas McCurdy ten miles from Havana, Cuba.
1933 - The first episode of the "Lone Ranger" was broadcast on radio station WXYZ in Detroit; it would run for 21 years.
1956 - Elvis Presley records his version of "Blue Suede Shoes"
1958 - Baseball announces players & coaches rather than fans pick all stars
1959 – MS Hans Hedtoft, said to be the safest ship afloat and "unsinkable" like the RMS Titanic, strikes an iceberg on her maiden voyage and sinks, killing all 95 aboard.
1963 - Ivan Sutherland submits a thesis containing his Sketchpad program, a forerunner to modern-day graphic user interfaces and computer-aided design programs
1969 – The Beatles performed in public for the last time in a 45-minute gig on the roof of their Apple Records headquarters in London. The impromptu concert is broken up by the police.
1975 - Ernő Rubik applies for a patent for his "Magic Cube" invention, later to be known as a Rubik's cube
1982 – Richard Skrenta writes the first PC virus code, which is 400 lines long and disguised as an Apple boot program called "Elk Cloner".
2013 – Naro-1 becomes the first carrier rocket launched by South Korea.
Back when I first got into commercial lending, the different companies in our portfolio had varying fiscal years, usually based on when the company was actually formed. In some ways it was easier not to have all the fiscal statements due at one time but staggered along the year, although Septemeber 30th and December 31st were by far the most popular. But then the IRS apparently wearied of having to balance tax years with fiscal years with calendar years during their reviews, and they changed the provisions of the IRS Code so that most small businesses had to make their fiscal year coincide with the calendar year to simplify the tax year calculations. There are some exceptions – some were grandfathered in [not many of those left], partnerships, corporations, and S corporations may have a fiscal year-end that's different from the calendar year-end, but most switched to a calendar year for their fiscal statements. Of course this means that everything comes due at the same time, and therefore auditors and accountants are extremely busy during the first quarter trying to assemble everything that is needed – which means your friendly neighborhood loan servicing department will be scrambling
Ah well, at least I don’t have to explain as often anymore that a tax return marked 2016 is really for fiscal year 07.01.2016 – 06.30.2017 and yes the borrower is up-to-date with their financial reporting covenant to anyone!
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CEOExpress
