Life Partners Sued by SEC – WSJ.com

The Securities and Exchange Commission sued Life Partners Holdings Inc. and three top executives, alleging a years-long disclosure and accounting fraud that involved misleading financial statements and backdated documents shown to auditors.

via Life Partners Sued by SEC – WSJ.com.

Scary Charts – Labor Force Participation At Lowest Since 1984

The NFP report confirms the picture we have all known to grow and love – the people “entering” the labor force are temp workers, those with marginal job skills, and making the lowest wages. For everyone else: better luck elsewhere: the number of people not in the labor force has soared by 7.5 million since January 2007, and the average duration of unemployment is 40.8 weeks – essentially in line with last month’s record 40.9. Bottom line – if you are out of a job, you are out of a job unless you are willing to trade down to an entry level “temp-like” position with virtually no benefits or job security.

NFP Payrolls At 200K, Expected At 155K; Unemployment Rate Drops To 8.5%, Labor Force Participation At Lowest Since 1984 | ZeroHedge.

Click the link for the charts.  In prior posts I’ve reproduced Scary Charts on my website.  For these charts I’d like my readers to go to the source, especially if you have never read Zero Hedge.

I spend a lot of my “free” time catching up on the news.  Saturday mornings are my favorite time to catch up on news, think, and reflect.  We all need time to think deeply.

MedPage Today Blogs – Health News Watchdog

We’re going to see a lot of these “what to do in the New Year” health tips columns. We hope more of them are more evidence-based than this one was. And we hope that journalists don’t act on these news tips without doing their own homework on the state of the evidence.

via Cleveland Clinic’s “Top Tests for 2012” Clash With Many Guidelines – MedPage Today Blogs – 30297.

Check your facts.

Seth’s Blog: The chance of a lifetime

The thing is, we still live in a world that’s filled with opportunity. In fact, we have more than an opportunity — we have an obligation. An obligation to spend our time doing great things. To find ideas that matter and to share them. To push ourselves and the people around us to demonstrate gratitude, insight, and inspiration. To take risks and to make the world better by being amazing.

via Seth’s Blog: The chance of a lifetime.

Cat Allergy Depends on When You Get the Cat

With apologies to all cat lovers out there

Acquiring a cat as an adult can lead to allergies to cat dander; the risk is lower if one had a cat as a child but higher if allergies were already present.

via Medical News: Cat Allergy Depends on When You Get the Cat – in Allergy & Immunology, Allergy from MedPage Today.

Bottom Line:

If you have allergies, asthma, or never had a cat as a child, don’t get a cat.

Networking for Survival – HBR

Without the network, you don’t get new ideas into your organization, you don’t see trends and issues that affect you and your customers, you don’t grow and develop your people with new challenges and opportunities, you aren’t attractive for young talent, you don’t learn about new technologies or business models, you don’t create new markets and you risk deluding yourself with your own ideas. You don’t increase your own value and advance your own career. Without the network you stagnate, you become stale. With the network you grow, provide meaningful and valuable solutions to your customers and not just survive, but thrive.

via Networking for Survival – Deborah Mills-Scofield – Harvard Business Review.

Great post and well worth reading.  One comment caught my eye,

When new forms of communication emerge, don’t just look at how to improve what you’re doing already, but at new ways of doing.

I immediately thought of social media as a new way of doing.  My transition from a dumb phone to a smartphone is a new way of doing (for me).  One of my new projects for the New Year is to create a Google+ business page.  Is this an “improvement”?  Not really.  It’s just a new way of doing.