Friday, November 18, 2016

FHLBNY Reissues a New Charter in 2002

 

Residing in New York, NY, Derek Bryson Park works at Forefront Wealth Management as its managing director. Using his PhD from New York University to solve critical investment challenges for clients at Forefront Wealth Management, Derek Bryson Park works to optimize the investor experience by providing solutions that can be easily implemented. Derek Bryson Park was also appointed by the Clinton Administration 1999 and reappointed in 2000 to serve a full three-year term as a Director of the Federal Home Loan Bank of New York (FHLBNY).

Created in 1932, the FHLBNY passed a resolution in 2002 to support the NY Bank’s efforts to fund a $1 billion bond issued to the disaster recovery caused by the September 11th World Trade Center attacks. Unfortunately, the Bank’s original 1932 charter – kept at its offices at 7 World Trade Center – were also lost in the attacks. Commemorating FHLBNY’s 70th anniversary, the Finance Board reissued a new charter, originally signed into law on July 22, 1932 by former US president Herbert Hoover.

Thursday, September 29, 2016

Stop Credit Discrimination in Employment Act Prevents Credit Checks



Forefront Wealth Management managing director Derek Bryson Park, PhD, possesses more than three decades of experience in financial banking and state government sectors. Derek Bryson Park has also previously served out appointments by the Giuliani and Bloomberg Administrations as a commissioner for the New York City Commission on Human Rights (NYC Human Rights). NYC Human Rights operates a number of campaigns to protect the rights of New York City residents, including the Credit Check Law.

The campaign promotes the Stop Credit Discrimination in Employment Act, which prevents most NY employers from using credit scores as a factor in making employment decisions. It bars employers from checking the credit history of applicants and encourages individuals in the process of seeking employment to learn about their rights. Furthermore, the campaign provides access to employees, job seekers, and employers about their rights and responsibilities under the law. 

New York’s Stop Credit Discrimination in Employment Act went into effect on September 3, 2015 as a part of the New York City Human Rights Law (NYCHRL), which prohibits discrimination in employment, housing, and public accommodations. 

To learn more about the campaign, visit nyc.gov/site/cchr/media/credit-check-law.

Tuesday, September 20, 2016

Free Workshops through the New York City Commission on Human Rights


In 1999, Forefront Wealth Management managing director Derek Bryson Park, PhD, accepted an appointment by the Clinton Administration to serve as director of the Federal Home Loan Bank of New York. Outside of his professional obligations in the finance and government sectors, Derek Bryson Park, PhD, previously worked for the New York City Commission on Human Rights (NYC Human Rights), which offers a variety of community programs and services, such as free workshops in the New York, NY, area. 

Workshops hosted by the NYC Human Rights enable its staff to work closely with organizations across the state to promote awareness of the NYC Human Rights Law. The staff assists with free events and provides training that focuses on educating organization members and staff on their rights and obligations under the administrative code. Training sessions cover a wide range of human rights topics, including transgender awareness, cyberbullying, violence, and sexual harassment. Additionally, workshops explore the Fair Chance and Credit Check provisions of the law. 

NYC Human Rights also offers frequent training sessions on the Human Rights Law for employers, housing providers, business owners, and other individuals in a supervisory or service-providing position. Interested individuals must RSVP in advance in order to secure a place at a session.

Friday, September 9, 2016

Why Foodieism Elicits Such Disdain among Privileged Class Pursuits


 

Before assuming the role of managing director at Forefront Wealth Management, LLC, in New York, NY, Dr. Derek Bryson Park received his MPA and PhD in international and developmental administration from New York University. He also served in executive capacities at organizations such as Lehman Brothers Inc., Cohane Rafferty Securities LLC; and Mahler & Emerson, Inc. (an affiliate of Brean Murray, Carret & Co., LLC). An avid foodie, Dr. Derek Bryson Park explores different cuisines from various cultures in his free time.

A professor of philosophy at The University of North Carolina at Chapel Hill, Dr. Susan Wolf has discussed what it means to be a foodie in a world where non-foodies are reluctant to accept foodieism. Being a foodie revolves around enjoying fine cuisine and creating food at home with meticulously curated ingredients.

Dr. Wolf thinks that the discomfort of being a foodie stems from the idea that foodieism represents an investment that makes light of other people’s lack of sustenance and resources. Aside from that, foodies are thought to be snobbish by giving the impression that they think others cannot distinguish one variety of food from another.

In truth, other sects of the privileged class are into more expensive hobbies than foodies, yet they don’t elicit as much disdain. Dr. Wolf posits that it may be because food is universal; while attending concerts and operas is not necessarily comparable to others’ activities, what foodies do is.

Spending on a hobby is fine, but foodies receive more judgment because their discerning tastes revolve around food, which is a basic need. However, this looks too much like a double standard, considering that individuals who appreciate opera, for example, aren’t necessarily snobs. In both instances, people simply have an interest in which they wish to invest. Having said that, Dr. Wolf would want those who would spend $100 on a meal rather than on someone who really needs it to give pause to such inclinations.

Tuesday, August 30, 2016

Dale Carnegie’s Principles for Making People Like Each Other


With an MPA and a PhD in international and developmental administration, each of which he earned from New York University, Dr. Derek Bryson Park serves as the managing director of Forefront Wealth Management, LLC, in New York, NY. Outside of work, Dr. Derek Bryson Park enjoys reading and counts How to Win Friends and Influence People by Dale Carnegie among his favorite titles.

One of the principles Mr. Carnegie mentions in his book for teaching people how to get along better with one another is listening. Specifically, people should listen actively and offer constructive replies. Moreover, they should express genuine curiosity about what someone else has to say. This will increase their appeal to the speaker.

Mr. Carnegie also recommends smiling as a way to improve relations between people. Doing so not only compels others to do the same, but also instills a positive outlook among those doing the smiling.

Lastly, mentioning the other person’s name during conversations can improve relations. Doing so can make them more likely to agree with requests.

Monday, August 22, 2016

Zuckerberg Recommends Kissinger's World Order for Future Generations


An alumnus of New York University with an MPA and a PhD, Dr. Derek Bryson Park operates as the managing director of Forefront Wealth Management, LLC, in New York, NY. An avid reader in his leisure time, Dr. Derek Bryson Park counts Dale Carnegie’s How to Win Friends and Influence People among his favorite books and considers Dr. Henry Kissinger’s World Order a must-read.

On New Year’s 2015, Mark Zuckerberg promised to read a globally influential book every two weeks and share it with his followers on Facebook. One of those books is World Order, wherein Dr. Kissinger recounts his experiences as a statesman who advised powerful people and contributed to the execution of foreign policy all over the world.

According to Mr. Zuckerberg, the book tackles foreign relations in a way that helps people understand how they can connect with people from other countries. He thinks it is an important piece of literature that will help everyone mold the world into a place that will be better for future generations.

Given the state of global affairs at the time, the book’s publication in September 2015 was auspicious. Moreover, Michiko Kakutani of The New York Times has suggested that readers may develop a better understanding of current U.S. and world issues via the author’s unique, informed perspective.