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Class notes

Ling said. "Our students have the opportunity to meet with colleagues from other higher education institutions. This exercise is very valuable to them." Each participant represented a different country in a simulated General Assembly session. An agenda of different international issues were identified by the group sponsoring the session and discussed in the assembly. This year's topics included: Iran, nuclear weapons, military support for groups in Iraq, revitalizing the Israeli-Palestinian peace process, water as a source of conflict in the future and other issues concerning Sudan, Darfur, the Central African Republic, Chad, Myanmar, Gaza, Hamas and Israel.The simulation included three councils consisting of 15 two-person teams representing the United Nations Security Council member states.


Letters to the editor: Choose your next leader wisely

I urge each of you to look at all of the candidates now wanting to be our next president. Think about which of these candidates is best equipped, by personality, by experience, and by past performance, to bring our country out of this cycle.

In the process, think about what the country will look like once your candidate is elected and in the White House. Will the great majority of citizens in this country unite behind this new leader?

If you believe that the answer is yes, then cast your vote. If you doubt that will happen, please pick another candidate.

PAUL DONOVAN

p_donovan@usa.net

Professors should make the grade or move on

Re: "In education, we get what we pay for" (My View, Jan. 18).

Unlike Diane Roberts, I at least offer a viable solution for her problems: Change careers or move to another state.


5300 Frequently Asked Questions (FAQ)

2A. Why won't the call report software permit me to enter a negative (credit) balance for "Cash on Hand"? [Account 730A]

"Cash on Hand" literally means coin, currency, and cash items on hand. It is not possible to have negative cash on hand.

2B. Can loans other than real estate loans be reported in "Loans Held for Sale"? [Account 003]

Yes. Footnote 1 and Footnote 7 of the FFIEC Interagency Guidance on Certain Loans Held for Sale explains that mortgage loans held for sale as well as other loans held for sale should be included as discussed in the guidance. (Interagency guidance issued March 26, 2001 & attached to NCUA Accounting Bulletin 01-01)

2C. Where should credit unions report overdraft protection program advances (also referred to as bounced-check protection and courtesy pay)? [Account 397]

Under "All Other Unsecured Loans/Lines of Credit".



 

 

 

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