Word: ramsden
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...that the tug of recession. "Our core view is that banks' [stocks] will not bottom until nonperforming [loan] growth decelerates," opined Goldman Sachs analyst Richard Ramsden in a report to clients on Friday. "All of the data points we track in the first quarter point to an acceleration." Banks are expected to report their results for the first few months of the year in the next two weeks. And despite positive statements from bank CEOs in recent weeks, earnings at nearly all of the nation's largest banks will likely have fallen in the first quarter versus one year...
When a call goes out for volunteers for a good cause, Pamela Ramsden shows up. But this administrator at Episcopal Church headquarters in New York City has become irritated with some charity organizers. On one cleanup day, for example, nobody could find the paintbrushes, and everyone sat around eating bagels and chatting. "You want me to clean the bathrooms?" Ramsden asked impatiently. "O.K., but be sure you have the damn bucket here and don't waste my time. I have better things...
...Ramsden, 61, is typical of many boomers and preboomers. They want to help make a better world, but they're busy. As for the unpaid work their mothers did--stuffing envelopes, ladling out soup in a church kitchen--forget it. Some, like Ramsden, will donate a few hours to such efforts, but most boomers, most of the time, are unwilling to offer themselves up as just another warm body...
...Ramsden found her perfect slot at the Grace Institute's mentoring program, where she coaches low-income women on the skills they need to land office jobs: appropriate office behavior, résumé writing and self-presentation. A favorite tutorial she conducted focused on the dos and don'ts of e-mails. Drawing on her own experience, she offered anecdotes of disastrously funny mistakes--like hitting REPLY to a Listserv message, not realizing everyone in the office would read a catty remark about a colleague. "You're teaching these women about relationships in the workplace," Ramsden says...
...Ramsden didn't fall into this assignment. She helped create it as a member of the Transition Network (TTN), an organization of retired professional women who help one another explore the next chapters in their lives. Initially, TTN found few volunteer opportunities that matched its members' high-level skills. So it approached the Grace Institute and other worthy charities with proposals for new programs. In return, TTN asked that its members be used in teams--because the women wanted the collegiality of working together...