#Bollinger Offers 2020
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thewineauctionroom ¡ 2 months ago
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New Post has been published on https://wineauctionroom.com/post-auction-report-of-spring-2024/
Post Auction Report of Spring 2024
In the beautiful spring time of the past two months, we hosted three significant auctions, Spring Live auction at our Eden Terrace sale-room followed by its online Buy Now sale, Special Live Auction at Rees Hotel and its online Buy Now sale, then our regular Late Spring Online auction. We showcased an extensive collection of wines, drawing significant interest from bidders worldwide. 
All three auctions successfully highlighted the vibrancy of the wine market and demonstrated a robust interest in both French and New Zealand wines, with back-vintage Burgundy and Bordeaux wines leading in terms of highest sales. The presence of quality Italian wines also contributed to a diversified offering that appealed to a wide range of bidders.
With competitive bidding and a strong turnout, both buyers and sellers can look forward to future events with optimism. Collectors are encouraged to take advantage of the current trends by diversifying their collections with sought-after wines from these regions.
In our Spring Live Auction, Australia emerged as the best-selling region, particularly driven by the demand for Penfolds wines, which have a strong reputation for quality and aging potential. 1990 Penfolds Grange Bin 95 scored the highest winning bid at $916.50 while the 2-bottle lot of 1998 Penfolds Grange Bin 95 sold for $1833. New Zealand wines, particularly Cabernet Sauvignon and blends, showed solid performance, with several lots achieving prices between $120-$660. The 12-bottle OWC of 2019 Stonyridge Vineyard Larose sold for $1692 while 6-bottle lot of 2020 Te Mata Estate Coleraine sold for $775.50 and 2-bottle lot of 2015 Destiny Bay Magna Praemia scored $752.
Some other highlights include, 1985 Chateau Lafite Rothschild 1er Cru Classe sold for $846, 2016 Domaine Francois Raveneau Montee de Tonnerre selling for $587.50, and NV Bollinger Rose 3000ml sold for $634.50.
Live Auction at The Rees was a resounding success, showcasing an impressive array of fine and rare wines, whilst local Central Otago Pinot Noir was hotly contested in the sale room, the buy-now bidders demonstrated their clear preference for Burgundy wines, particularly those from esteemed producers. France, particularly the Burgundy region, dominated the auction, with multiple lots from renowned producers like Domaine de la Romanee-Conti and Armand Rousseau achieving best performance.
The highest hammer win was scored by 2016 Domaine de la Romanee-Conti La Tache Grand Cru, which sold for $ 7990. 2013 Domaine de la Romanee-Conti Richebourg garnered the most attention, with six active bidders vying for this exceptional wine, before it ultimately sold for $5875. Not to mention a set of (3) 2014 Domaine de la Romanee-Conti Echezeaux Grand Cru achieved $12337.50. 
Other highlights include 1990 Chateau d’Yquem 5000ml sold for $5875, 2017 Domaine Armand Rousseau Chambertin Grand Cru sold for $2350, a vertical vintage of 2008-2013 Rippon Emma’s Block Pinot Noir sold for $1351.25 and OWC 2021 Felton Road Block 5 Pinot Noir 3000ml scored $1128. There was also a charity component to this auction with all proceeds from Lots 83 – 111, including all fees, being donated to the Central Otago Pinot Noir Charitable Trust. Through the generous bids we were able to raise $4853.44.
In our most recent Late Spring Online Auction, we featured lots with a wide price range, from low-end sales around $20 for sparkling wines to premium wines selling above $700.
The standout lots were 1976 Chateau Cheval Blanc and 2016 Domaine Gros Frere et Soeur Grands-Echezeaux Grand Cru, which both achieved $705. The highest multi-lot win once again went for a 12-bottle OWC of 2016 Stonyridge Larose which sold for $1692. Some other notable sales included 2002 Tenuta dell’Ornellaia sold for $376 and 2015 Passage Rock Magnus 1500ml scored $235.
As we look toward the fast-approaching 2025, the wine market holds tremendous promise, driven by an ever-growing appreciation for fine wines and the passion of collectors and connoisseurs alike. The increasing interest in diverse regions and unique vintages suggests a vibrant landscape ahead, where both seasoned collectors and new enthusiasts can thrive. We extend our heartfelt gratitude to all bidders and consignors for their participation and trust in our platform. Your support not only fuels the excitement of the auction but also plays a crucial role in fostering a dynamic community that celebrates the art of wine. Together, we are poised to cultivate a flourishing market that honours tradition while embracing new approaches to wine. 
Our next sale will be our final Live Auction of 2024, starting from 6pm on December 3rd. This is another sale filled with outstanding wines, showcasing a range of values with wonderful provenance. Catalogue will be published soon so be sure to subscribe to our newsletter to be the first ones to know. We finish the year with our New Year’s Online only auction that will start on the 26th December and run through to 7pm 5th January.
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marketwizards ¡ 3 months ago
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In-Depth Exploration of Trading Strategies: Trend Following, Range Trading, Scalping, Mean Reversion, and Momentum Trading
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The world of trading is vast and dynamic, with numerous strategies available for traders to exploit the financial markets. Among these strategies, five stand out due to their popularity and effectiveness: Trend Following, Range Trading, Scalping, Mean Reversion, and Momentum Trading. Each strategy involves a unique approach to market behavior, risk management, and decision-making. In this essay, we will explore these trading strategies in detail, providing real-life examples and evidence of their applications in various markets.
1. Trend Following
Trend following is one of the most widely used trading strategies, based on the simple premise that markets move in identifiable trends over time. Traders using this strategy seek to capitalize on sustained price movements in a particular direction, whether upward (bullish) or downward (bearish). The basic principle behind trend following is that "the trend is your friend" until it shows signs of reversing.
How It Works:
A trader identifies a prevailing trend using technical indicators such as moving averages, Relative Strength Index (RSI), or trendlines. Once the trend is confirmed, the trader enters a position in the direction of the trend, holding it as long as the price continues to move favorably.
Real-World Example:
During the COVID-19 pandemic, tech stocks like Amazon and Apple experienced a clear bullish trend as the world became more reliant on technology for remote work and e-commerce. Trend-following traders who identified this upward momentum early and entered positions enjoyed significant profits as these stocks rallied throughout 2020 and into 2021. Similarly, Bitcoin's historic rally from $10,000 to over $60,000 between 2020 and early 2021 offered substantial opportunities for trend followers in the cryptocurrency market.
Evidence:
The Turtle Traders Experiment in the 1980s, initiated by legendary traders Richard Dennis and William Eckhardt, demonstrated the effectiveness of trend following. Dennis trained a group of novices, and by applying simple trend-following rules, many of them became highly successful traders, turning significant profits from the futures market.
2. Range Trading
Range trading is a strategy focused on identifying assets that move within a well-defined price range over a certain period. In this strategy, traders aim to buy at the support level (the lower boundary of the range) and sell at the resistance level (the upper boundary), capturing profits from the asset's oscillation within that range.
How It Works:
Range traders use tools such as Bollinger Bands or horizontal support and resistance levels to identify the boundaries of a range. They then execute trades by buying when the price approaches support and selling when it nears resistance. This strategy assumes that price will revert to the mean when reaching these extremes.
Real-World Example:
Gold often trades in a range when there is no significant geopolitical or economic news driving its price. For instance, between mid-2018 and mid-2019, gold prices fluctuated between $1,200 and $1,350 per ounce. Traders using range trading strategies during this period could have profited from buying at the lower bound and selling at the upper bound of the range.
Evidence:
According to research by Ince and Porter (2006) on range-bound trading in the foreign exchange market, currency pairs like the EUR/USD often exhibit range-bound behavior during periods of market uncertainty. Range trading is especially effective in sideways markets where trends are not dominant.
3. Scalping
Scalping is a high-frequency trading strategy that aims to capture small price movements within a very short time frame. Scalpers enter and exit trades rapidly, often holding positions for only seconds to minutes. This strategy requires precision, quick decision-making, and the ability to manage risks effectively.
How It Works:
Scalpers typically rely on advanced technical analysis tools such as level 2 order book data, volume indicators, and short-term moving averages. They often use leverage to amplify returns, but due to the high frequency of trades, they must also be vigilant about transaction costs and slippage.
Real-World Example:
In the forex market, scalping is particularly popular due to its high liquidity and low spreads. Traders might take advantage of micro-movements in the EUR/USD pair during volatile news releases. For instance, during a significant U.S. economic data release (such as Non-Farm Payroll), scalpers may make multiple trades within a few minutes, capitalizing on short bursts of volatility.
Evidence:
Scalping is most commonly associated with high-frequency traders (HFT), who use algorithms to execute trades in milliseconds. Firms like Citadel Securities and Virtu Financial, some of the largest market makers, employ similar strategies to scalp profits in a range of markets, from equities to foreign exchange.
4. Mean Reversion
Mean reversion is a trading strategy that assumes asset prices tend to revert to their historical average or mean over time. Traders using this strategy seek to profit by buying assets that are undervalued or oversold and selling assets that are overvalued or overbought, expecting the price to return to its historical mean.
How It Works:
Traders use technical indicators such as Bollinger Bands, RSI, or moving averages to identify when an asset has strayed too far from its historical mean. When the price is considered oversold (below the mean), traders buy, and when it is overbought (above the mean), they sell.
Real-World Example:
A classic example of mean reversion can be observed in the S&P 500 index. After significant declines during market corrections or crashes (e.g., the 2008 financial crisis or the March 2020 COVID-19 crash), the index historically reverts to its upward trend, offering opportunities for mean reversion traders to buy during dips and profit from the recovery.
Evidence:
Academic research supports the concept of mean reversion, particularly in the bond and stock markets. In his study, Narayan et al. (2013) found that bond yields tend to revert to their historical means after deviating significantly, especially during periods of economic stress.
5. Momentum Trading
Momentum trading is based on the idea that assets that have shown strong price momentum in the past will continue to perform well in the future. Momentum traders capitalize on assets that exhibit significant upward or downward momentum, assuming that these price trends will persist for some time.
How It Works:
Momentum traders use technical indicators like the Moving Average Convergence Divergence (MACD), RSI, and rate of change (ROC) to identify assets with strong price momentum. The strategy is particularly effective in trending markets, as it seeks to ride the wave of strong price movements.
Real-World Example:
During the GameStop short squeeze in January 2021, momentum traders flocked to the stock after it showed explosive upward momentum driven by a short squeeze initiated by retail traders on platforms like Reddit. Traders who entered positions during the initial momentum phase reaped massive gains as the stock surged from under $20 to over $300 in a matter of days.
Evidence:
Research by Jegadeesh and Titman (1993) demonstrated that stocks exhibiting high returns over the past three to 12 months tend to outperform in the future, providing empirical support for momentum strategies. Their findings have been widely cited in the literature on behavioral finance and technical trading.
Conclusion
Each of these trading strategies—Trend Following, Range Trading, Scalping, Mean Reversion, and Momentum Trading—offers unique ways to exploit market behavior. Trend following is ideal for traders seeking to profit from long-term price movements, while range trading is suitable for markets that fluctuate within predictable boundaries. Scalping requires quick execution and low latency, making it suitable for fast-paced markets, while mean reversion caters to those looking to capitalize on price corrections. Momentum trading thrives in environments where price movements are sharp and sustained.
The key to success in any of these strategies lies in understanding the underlying market conditions and using appropriate risk management techniques. Traders should also be aware of transaction costs, market liquidity, and the emotional discipline required to execute these strategies effectively. With careful planning and execution, these strategies can provide consistent returns across various asset classes.
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xtruss ¡ 2 years ago
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Why America’s Supreme Court Has Ended Affirmative Action
The six-justice conservative majority overpowered the three liberal dissenters
— United States | Race and admissions | June 29th, 2023 | New York
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Students relax outside on Campus at Harvard University. Image: Alamy
Forty-five years after allowing America’s universities to give limited consideration to race in admissions, the Supreme Court changed course on June 29th. Race-based affirmative action programmes in higher education, a 6-3 majority concluded, violate the Equal Protection Clause of the 14th Amendment.
The result in Students for Fair Admissions v Harvard (consolidated with Students for Fair Admissions v University of North Carolina) was no surprise. Affirmative action has been hanging by a thread for decades, with race-conscious admissions surviving by one-vote margins in Regents of University of California v Bakke in 1978, Grutter v Bollinger in 2003 and Fisher v University of Texas in 2016. When a six-justice conservative majority that was deeply sceptical of using racial criteria took shape in 2020, the demise of affirmative action seemed all but inevitable.
But the 237 pages of opinions—in which every justice but Samuel Alito, Amy Coney Barrett and Elena Kagan penned their own writings—show that deep divisions persist over how to reckon with America’s legacy of racial discrimination, and what kinds of ameliorative measures the law should allow.
In his majority opinion, Chief Justice John Roberts surveyed the history of affirmative-action jurisprudence and reprised a statement he wrote in 2007, just two years into his tenure. “The way to stop racial discrimination”, he wrote in Parents Involved in Community Schools v Seattle, “is to stop discriminating on the basis of race.” Sixteen years later, the chief offered an even pithier line: “Eliminating racial discrimination means eliminating all of it.” The Equal Protection Clause, he continued, quoting an 1886 decision, “applies ‘without regard to any differences of race, of colour or of nationality’—it is ‘universal in [its] application’.”
For decades, the basis of the Supreme Court’s justification for blessing affirmative action was “the educational benefits that flow from a diverse student body”. Although admissions officers were barred from using racial quotas to diversify their classrooms, they could use race as a “plus factor”—one consideration among many that could give black or Hispanic applicants an advantage over similarly qualified students who were not members of disadvantaged minorities. Chief Justice Roberts assailed this compromise. The benefits Harvard and the University of North Carolina claim for their admissions tips—“training future leaders in the public and private sectors”, “promoting the robust exchange of ideas”, “preparing graduates to ‘adapt to an increasingly pluralistic society’”—are neither concrete or measurable, he found. “Even if these goals could somehow be measured”, Chief Justice Roberts asked, “how is a court to know when they have been reached, and when the perilous remedy of racial preferences may cease?”
“The decision was joined by Justices Clarence Thomas, Samuel A. Alito Jr., Neil M. Gorsuch, Brett M. Kavanaugh and Amy Coney Barrett. Justice Sonia Sotomayor wrote the dissent and was joined by Justices Elena Kagan and Ketanji Brown Jackson, although Jackson did not participate in the Harvard case.”
The majority’s critique goes deeper. The ruling questions the very notion of diversity that universities claim to embrace and finds that the racial “categories are themselves imprecise in many ways”. To group together “all Asian students” is to show a lack of interest in “whether South Asian or East Asian students are adequately represented”. And while the universities claim to care about correcting for underrepresentation, Chief Justice Roberts wrote, they “would apparently prefer a class with 15% of students from Mexico over a class with 10% of students from several Latin American countries, simply because the former contains more Hispanic students than the latter”. Chief Justice Roberts concluded with a heavy charge: universities have “for too long” seen “the touchstone of an individual’s identity” not as “challenges bested, skills built, or lessons learned but the colour of their skin”.
Unsparing dissents from Justices Sonia Sotomayor and Ketanji Brown Jackson (who both joined the other’s writing, and who are each joined by Justice Elena Kagan) accuse the majority of abandoning a tool that has helped bring more inclusivity and equality to higher education and to American society more broadly. The decision, Justice Sotomayor wrote, will have a “devastating impact” in “an endemically segregated society where race has always mattered and continues to matter”. In a sparring match with Justice Clarence Thomas, who wrote a 58-page concurrence, Justice Jackson insisted that race-conscious admissions policies are in keeping with the original understanding of the 14th Amendment and remain crucial tools today. Justice Thomas’s colourblind reading of that amendment, she wrote, “refuse[s] to see, much less solve for, the elephant in the room—the race-linked disparities that continue to impede achievement of our great nation’s full potential”.
Despite its thorough rejection of systematic considerations of race, Chief Justice Roberts’s majority opinion left two windows open a crack. First, it acknowledged that individualised considerations of the impact of applicants’ racial identity are permissible: “nothing in this opinion should be construed as prohibiting universities from considering an applicant’s discussion of how race affected his or her life, be it through discrimination, inspiration or otherwise”. Second, in a footnote with outsize implications, the opinion exempted military schools like West Point and the Naval Academy from the ban on race-conscious admissions. The chief justice floated this exemption in last autumn’s oral argument. It seems to be in deference to the solicitor-general’s claim that in the context of military training, racial diversity is a matter of national security.
For Justice Jackson, the military academy carve-out is a craven move based on the notion that “racial diversity in higher education is only worth potentially preserving insofar as it might be needed to prepare Black Americans and other underrepresented minorities for success in the bunker, not the boardroom”. Justice Sotomayor called the first caveat “lipstick on a pig” inserted merely “to save face”. But in her closing, Justice Sotomayor seemed to welcome the narrow opening. “Although the court has stripped out almost all uses of race in college admissions”, she wrote, “universities can and should continue to use all available tools to meet society’s needs for diversity in education.” ■
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musicblogwales ¡ 2 years ago
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HMS Morris unveil Impressive new ‘Family Souls’ single
The band’s first release since reforming as a family of four offers up a bouncy art-pop collage dealing with the dissonance between Heledd’s roles as a dutiful west-Walian daughter on one hand, and as a badass creative force to be reckoned with on the other.
Despite the general global turmoil of the last few years, HMS Morris have had a pretty good time of it since their last release, Pastille EP, in December 2020. They’ve branched out into composing for theatre and television, added two new members to the crew (danger-hips guitarist Billy Morley and renowned Kermit impersonator Iestyn Huw Jones on drums), and have more or less settled into the idea of being in their 30s.
Their new live show reached maturity last summer with two very special fully-costumed 7-piece performances at the Eisteddfod in Tregaron; now Family Souls marks the beginning of a new phase in their careers as recording artists. After an introduction of sampled strings, drum loops and bratty BVs, a riff-led verse finds lead singer and lyricist Heledd Watkins berating herself for her inability to perform properly in front of her family.
Her inner-critic is annoyed and confused, but this is a problem for a lot of artists; how do you reconcile the persona you’ve cultivated in order to give yourself creative freedom with the image that’s held by those who raised you? Or at least, the image that you imagine they hold – as the song passes through a dreamy bridge into a low-key funky chorus, the narrator realises that she probably doesn’t know what they’re thinking after all. Despite the unshakeable conviction that you know these people on a deep level, ultimately you cannot read their minds, and it might be an idea to actually talk with them.
Treating your parents like people in their own right, how terribly grown up! Family Souls will be released on Bubblewrap Records on April 7th , and will be available on all major digital services.
Music video by Trigger Happy Creative
HMS LIVE
May 5th - Supporting Melin Melyn in Hyda Park Book Club, Leeds
May 6th - Focus Wales
May 7th - Supporting Melin Melyn in The Bunkhouse, Swansea
May 27th - In It Together Festival, Margam Park
FOR FANS OF: Talking Heads, MGMT, Sparks, alt-J, Still Woozy, Kate Bollinger, Steve Lacy, Stereolab
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criptovalutait ¡ 12 days ago
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Abbiamo più volte sottolineato che il 2024 sarà ricordato nella storia del mondo crypto per una serie di eventi significativi: dagli ETF Spot BTC, all’elezione di Trump, fino alla serie di ATH di Bitcoin, però a ribadirlo sappiamo che si rischia di essere noiosi. Mantra un 2024 Straordinario In questo scenario, il mercato crypto attende con ansia segnali di una ripartenza dell’Altseason, ma nel frattempo ci sono token che hanno registrato crescite straordinarie. Un esempio lampante è Mantra (OM), che circa un anno fa quotava 0,043 USDT e oggi acquistabile su Bybit con BONUS ESCLUSIVO PER I NOSTRI LETTORI. Crescita Impressionante del 6000% Al prezzo attuale, $OM quota 3,8050 USDT, e sta registrando una crescita monster del 6.400% da inizio 2024. Nel mese di dicembre, il token ha raggiunto il suo ATH a 4,6360 USDT, prima di entrare in una fase di ritracciamento. Tuttavia, su base mensile, $OM è ancora in positivo del 4%, nonostante un calo del 20% dal recente massimo. Tuttavia, è importante notare che il token $OM rientra tra quelli "più vecchietti", in quanto il suo lancio sugli exchange risale al 2020. Sul grafico monthly è possibile cogliere una panoramica storica della sua quotazione, iniziata con l’ICO (Initial Coin Offering), fino al recente boom rialzista degli ultimi mesi. Mantra la Crypto con le migliori performance Con il valore attuale, Mantra è salita alla posizione numero 39 nel ranking di Coin Market Cap, con una capitalizzazione di mercato pari a 3,512 miliardi di dollari. Il rally annuale parabolico ha reso Mantra una delle crypto con le migliori prestazioni dell’anno tra le TOP 100. Come detto il progetto e il suo lancio sugli exchange risale al 2020 e ha attraversato un'evoluzione significativa. Inizialmente sviluppato sulla blockchain di Ethereum, oggi Mantra è diventata una blockchain Layer 1 autonoma, operante nel settore della DeFi. L’ecosistema offre una vasta gamma di servizi, in particolare staking, lending, borrowing e tokenizzazione di asset. Focus sui Real World Asset (RWA) Il successo di Mantra è attribuito principalmente alla sua attenzione verso l'integrazione di asset del mondo reale (RWA) nel proprio ecosistema blockchain. Inoltre, il progetto si distingue per l'allineamento con la conformità normativa, una strategia che ha attirato notevole interesse sia nel mercato crypto che da parte di player istituzionali. Andamento di Mantra nel 2024 Mantra (OM) - Weekly 29 Dicembre 2024 Dal grafico weekly di Mantra si osserva un 2024 caratterizzato da una forte crescita e una lunga serie di massimi storici. Il primo rialzo rilevante del prezzo si è verificato a dicembre 2023, con un incremento del +149%, proseguendo nel 2024 con una costante ascesa. Ad aprile è stata superata, per la prima volta, la soglia di 1 USDT. Successivamente, a ottobre, il token ha registrato un massimo a 1,4750 USDT, mentre a novembre ha raggiunto i 4,5394 USDT. Nella prima parte di dicembre ha toccato il suo massimo storico (ATH) a 4,6361 USDT, da cui è attualmente in una fase di calo contenuto, pari al 20%. Osservando il grafico si possono individuare i supporti di lungo termine, che si trovano molto più in basso rispetto al prezzo attuale: - Primo livello rilevante a 2,90 USDT - Supporto principale in area 2,45 USDT Scenario sul breve termine di Mantra Mantra (OM) - Daily 29 Dicembre 2024 Osservando il grafico daily da novembre ad oggi, il prezzo mostra chiaramente una fase di lateralizzazione. Nonostante ciò, negli ultimi 30 giorni, il prezzo si è mosso in un range del 50%, dal minimo al massimo, suggerendo un’elevata volatilità. Dalla visualizzazione attuale, si nota che il primo livello di supporto si trova in area 3,40 USDT, evidenziato dalla linea azzurra tratteggiata. La fase di compressione del prezzo è confermata dalle Bande di Bollinger, che si stanno restringendo, segnalando una possibile rottura imminente. Il prezzo di $OM si sta inoltre avvicinando alla media mobile a 50 periodi, un livello tecnico significativo. Per confermare un’accelerazione rialzista, sarà fondamentale che Mantra chiuda sopra i 4,30 USDT. Read the full article
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sfaioffical ¡ 5 years ago
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SAN FRANCISCO BAY AREA:
Pete’s Café - SFAI In The 90’s In the 90s, many SFAI students worked for and exhibited artwork at Pete’s Café, which was situated on the roof of SFAI’s Chestnut Street Campus. On view January 10 through February 16, The Great Highway Gallery presents a group exhibition featuring several SFAI-affiliated artists, including John Lindsey, Dave Arnn, Daric Cheshire, Colin Chillag, Wren Coe, Diana Coopersmith, Adrienne Eberhardt, Connie Goldman, Jeremy Harper, Gerald Hawk, Cliff Hengst, Scott Hewicker, Johanna Jackson, Xylor Jane, Patricia Kavanaugh, Yasmin Lambie-Simpson, Mario Lemos, Ted Lincoln, Lydia Linker, Linton, Jennifer Locke, Sally Lundburg, Mads Lynnerup, Spencer Mack, J Matt, Alicia McCarthy, Barry McGee, Palmerin Merges, Karla Milosevich, Ruby Neri, Eamon Ore-Giron, Maurizzio Hector Pineda, Will Rogan, Cynthia Rojas, Rocio Santillana, Christian Spruell, Steven Starfas, Keith Tallett, Rafael Vieira, Benji Whalen, Mark Wilson, and more!
Lighting the Council Fire: Paintings of Suiko Betsy McCall (MFA 2009) On view through January 30 at San Francisco’s Zen Center, Suikos writes about Lighting the Council Fire: “Whether with a pencil or paint, these works on paper explore the interaction between a structure set up by an evolving, repeating system and the unpredictable chaos of the spill, smudge, or breath-initiated brushstroke. By engaging the repetitive rhythms of practice, my work also aims to reshape my life as an Artmonk.”
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Image: April Martin, cali fantazies. Š April Martin
Cali Fantazies – April Martin (MFA 2019) Cali Fantazies is a multimedia art installation on view at the Museum of the African Diaspora (MoAD) through March 3, 2020. On February 13, April Martin is curating a special event, Cali Fantazies: Righteous Ratchet Joy, where performers from the legendary underground black queer party “Cali Fantazies” will be performing at MoAD. Come witness the magic, allure, and stunts of performers in a not to be missed experience. This event will be a space where queer Black folks can enjoy the many talents of BADASS Black Women. We will shout with joy and make it shower with flowers as beautiful black women pole twerk and booty bounce in a celebration of Black Women. We welcome you to immerse yourself in MoAD’s latest exhibition, groove to the electrifying sounds of DJ Lady Ryan and laugh out loud at hilarious host Ms. Bleu Sugar from Coochieliscious Entertainment as she narrates the mesmerizing performances by Cali Fantazie’s dancers.
This event will be honoring the legacy of queer black club life and the closure Bench and Bar and Club 21, the last remaining black and brown queer clubs in Oakland.
Mind / Body / Spirit / Land – Susanne Siminger (MFA 1987) Please join Susanne for the artist reception on Friday, January 17 at the Gail Van Dyke Gallery in the MarinHealth Medical Center in Greenbrae for the opening of Mind / Body / Spirit / Land: Oils and Water Colors inspired by Our Beautiful Land.
Panel Discussion: Re-Imagining Equity in the Art World 2020, with Katherine Vetne (MFA 2015) On January 18, Katherine Vetne joins local artists Erica Deeman and Indira Allegra, as well as curators Heidi Rabben and James Voorhies to discuss their art practices, concerns and challenges, and where the equity movement might lead in the coming years. This panel is organized by ArtTable, which is celebrating 40 years of women's advocacy and professional development. Katherine will also have work on view at the Catherine Clark Gallery booth at Untitled San Francisco, July 17–19, 2020.
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Image: Michael Jang, Ramones Free Concert, Civic Center Plaza, San Francisco, 1979, gelatin silver print. Courtesy the artist. Š Michael Jang
In Conversation: Michael Jang (MFA 1977), Sandra S. Phillips, and Nion McEvoy For the closing of Michael Jang’s California, photographer Michael Jang and curator Sandra S. Phillips are joined by Nion McEvoy for a wide-ranging conversation about the resonances of place, person, and time in Jang’s work. This first retrospective exhibition presents a rare, immersive journey through Jang’s career, from the 1970s to the present, and is curated by Phillips, SFMOMA curator emerita of photography and Jang’s longtime collaborator.
Fresh Focus – Jordan Holms (MFA 2019) Join Jordan Holms on Wednesday, January 14, at 4pm for a meet and greet for Fresh Focus, an exhibition featuring small-size artworks by recent and current MFA artists of the Bay Area.
Spiders from Mars – Ben Venom (MFA 2007) Please join alum, Ben Venom for the opening reception for Spiders from Mars on January 15 at St. Joseph’s Art Society. On view January 17 – February 15, 2020.
Forbidden Illusions – Whitney Lynn (MFA 2007) Whitney Lynn invites you to "forbidden knowledge", anaglyph collages created while an Artist-in-Residence at LightSource SF. On view through February 1, 2020.
Displaced - Spencer Keeton Cunnigham (BFA 2010) Please join Spencer for the closing reception of Displaced at 6pm on February 9 at The Midway Gallery. He is consistently working on new ideas for art whether that is in the form of paintings, drawings, murals and installations that dive deep into topics relating to his personal relationship on Native American rights, cultural representation, social change and activsm. Spencer’s artwork has been on broadcast television, in motion pictures and exhibited throughout the U.S. and beyond. His art can currently be found on display in the Permanent Collection of the Berkeley Art museum, The Crocker Museum in Sacramento and in print form in the permanent book collection at the Smithsonian Museum of the American Indian in Washington D.C. Cunningham was also recently inducted into the World Congress of Art History in Bejing China by Art Historian Elaine O'Brien.
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Video: A preview of Spencer Keeton Cunningham’s solo exhibition, Displaced, The Midway Gallery, San Francisco. Courtesy the artist.
“Rackets” and “Laminates” – Richard Goldberg (MFA 1987) Opening February 1 at 1pm at Far Out Gallery, this show will feature selections from two recent groups of work: “Rackets” and “laminates”.
The “Rackets” are an ongoing group of wall mounted, mixed media sculptural works. Theses sculptures are made with a variety of found objects and materials which take on new identities and meanings as they are synthesized into a single artwork of rhyming shapes, forms and imagery. Each “Racket” work has its own engaging identity, and story to tell.
Shown alongside of the “Rackets” will be collages that are called “Laminates” These works are 2 dimensional, irregular shaped collages of images, symbols, photographs and other visual material. These shaped collages are then laminated and cut out, to become a kind of flat sculpture with shapes and voids around the perimeter of each collage but also within and throughout the entire composition. They are floated in a shadow box frame which brings out their 3 dimensionality. The “Laminates” were a product of an evolution of ideas and impulses that lead the artist to move on to the more robust 3 dimensionality of the “Rackets”.
Mike Henderson: The Black Paintings + David Simpson: Interference On view through March 28, 2020 at Haines Gallery.
Mike Henderson: The Black Paintings (MFA 1970): Showcasing a body of related works made primarily in the 1990s by recent Artadia Award winner Mike Henderson, the paintings included in this exhibition feature a rich palette of lush blacks, steel grays, and ultramarine blues. Set against the darkness, small shapes of bright blues, yellows, and reds flicker like jewels. Henderson’s experimental films from the 1960s, 70s, and 80s will be shown in dialogue with the paintings. Politically charged and wickedly funny, these remarkable shorts have been screened at museums and festivals around the world. In addition to the exhibition, The Mike Henderson Band will be performing on January 17 as part of UNTITLED, ART San Francisco. Click here for tickets and more information!
David Simpson: Interference (BFA 1956): Acclaimed Bay Area painter David Simpson’s exhibition takes its title from his use of “interference” pigments, which shift in color with changes in light and the viewer’s perspective. Each canvas on view is the result of up to thirty coats of paint, meticulously layered to create a deep, lustrous surface. Now in his 90s, Simpson continues to delight with works of remarkable dynamism, evoking the movement of clouds, or the play of light across water, ultimately offering viewers a powerful space of contemplation.
Shaw & Co. - Richard Shaw (BFA 1965, Martha Shaw (BFA 1966), Alice Shaw (MFA 1999), Virgil Shaw & Friends (Extended through January 31, 2020!) Gallery 16’s exhibition “Shaw & Co.” presents a collection of work by members of the Richard and Martha Shaw Family, plus a plethora of SFAI-affiliated artists—faculty and alums—including Richard Shaw, Martha Shaw, Alice Shaw, Rebeca Bollinger, Mike Henderson, Don Ed Hardy, Bob Hudson, Sahar Khoury, Alicia McCarthy, Jim Melchert, Ruby Neri, Cornelia Schulz, Wanxin Zhang, and more!
BoundarySpan – Aaron Wilder (MFA 2017) A group exhibition curated by Aaron Wilder and featuring the work of alums Michael Arcega (BFA 1999), Jimin Lee (MFA 1997), Paula Levine (MFA 1988), Sherwin Rio (MA 2019), and Desiree Rios (MFA 2017), BoundarySpam reopens on January 27 at the Nathalie and James Thompson Art Gallery at San José State University and will continue through February 21.
Wikipedia:Meetup/San Francisco/Black History Month Wiki-a-thon at Prelinger Library – Niki Korth (MFA 2012) Niki Korth invites you to an afternoon of exploring, discussing, researching, writing, and working together to help improve Wikipedia articles. Attendees are welcome to work on whatever they like and are inspired to from the Library's holdings. For those interested, they will have a concerted focus on working toward closing the diversity gap of coverage on Wikipedia of notable persons of African descent and their achievements and related movements, organizations, events, ideas, projects, and more. Prelinger Library founders Megan and Rick will be present to help attendees find resources from the Library's collections, and there will be experienced Wikipedians present to help Wiki newcomers to get started and answer questions.  A Mediterranean lunch will be served, so please come with both hungry minds and stomachs.
Little Rock, Arkansas
American Veterans of Arkansas – Edward Drew (BFA 2014) The Mosaic Templars Cultural Center Museum in Little Rock, Arkansas has commissioned a year-long exhibition from Edward Drew, American Veterans of Arkansas, which uses 5 x 7 tintypes to profile African-American military veterans who are also Arkansans. “African Americans are fairly underrepresented in most sectors, including veterans and veteran contributions to this country,” Drew said. “I thought it was important tthat I speak to the narrative. Then, being a state in the South, it’s important to show tha the rick history of the Southern states has always coincided with African American contributions.”
Wilmington, Delaware
Midnight Mass – Amie Potsic (MFA 1999) Opening Friday, February 7 at 5pm: The Delaware Contemporary has invited Amie to exhibit a large-scale installation on view January 24 through April with over 250 feet of silk. Amie will be working with the museum's gargantuan atrium space to create a fresh design approach to her work.
Miami, Florida
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Image: Installation view of Self-preservation (with or without applause), a group exhibition featuring work (far right) by Christopher Culver. Courtesy Primary Gallery.
Self-preservation (with or without applause) – Christopher Culver (BFA 2008) On view through January 28, Primary Gallery is proud to present Self-preservation (with or without applause), a group exhibition featuring alum, Christopher Culver.
Chicago, Illinois
Performance - Norman Long (MFA 2001) Please join Norman Long at Elastic Arts on Friday, January 31, for a special performance featuring LONG/ZALEK DUO.
Massachusetts
"We the People" is a group exhibition featuring work from Aaron Wilder’s (MFA 2017) collaboration with Guta Galli (MFA 2017) entitled "Sugar & Snails," on view through January 31, 2020 at the Dorothy and Charles Mosesian Center for the Arts in Watertown, Massachusetts.
Dancing In The Bardo and Human Impact: Stories of the Opioid Epidemic - John Christian Anderson (MFA 1972) Dancing In The Bardo is a solo show by alumnus John Christian Anderson, on view through January 26 at the Boston Sculptors Gallery. The group show Human Impact: Stories of the Opiod Epidemic is on view at Fullercraft Museum in Brockton, MA, through May 3, 2020.
Baltimore, Maryland
The Breath of Empty Space – Shaun Leonardo (MFA 2005) On view January 30 - March 15, 2020 at Maryland Institute College of Art: "For the last year I have been quietly finalizing plans for The Breath of Empty Space–a solo exhibition of 6 years of drawing concerning violence by the police and American legal system, being shown together for the first time and curated by the insightful and caring John Chaich. I am proud to finally announce this traveling exhibition for 2020 and hope you can join me to witness the work." —Shaun Leonardo
The Breath of Empty Space will also be on view at Museum of Contemporary Art Cleveland, June 5–September 6, 2020.
—INTERNATIONAL EXHIBITIONS—
Budapest, Hungary
Untitled No. 20, From Series Room ‘32’ – Michael Naify (MFA 2017) SFAI alum Michael Naify’s work, Untitled No. 20, From Series Room ‘32’, is featured in PH21 Contemporary Photo Gallery’s upcoming international photography exhibition entitled The self(ie) and the other: Portraiture—on view January 16–February 8, 2020.
Hamburg, Germany
Mother Tongue - Mika Sperling (MFA 2018) Mika's practice is based in photography, and engages ideas and concepts of family. Created during the recommended Olympus Fellowship, "the current project [Mother Tongue] is born out of the idea to include my situation as a new mother into my work. I am using photography, writing and video to search for familiarities between my husband’s and my family. I am documenting the evolving bond to my daughter, the changing relationship to my mother-in-law and that to my own mother." —Mike Sperling Check out this video where Mika discusses Mother Tongue and its familial lineages. Soon on view: Deichtorhallen Hamburg, March 21–June 14, 2020; Fotografie Forum Frankfurt, August 7–September 27, 2020; Foam Museum in Amsterdam, October 23, 2020–January 17, 2021.
Cambridge, UK
The Art of Watching Art – Patricia K. Kelly (MFA 1999) On view January 14–26 at Motion Sickness Project Space, The Art of Watching Art is a group exhibition showcasing a broad range of artworks from artists involved in the invigilation of previous exhibitions in the project space since August 2019, including our very own Patricia K. Kelly.
Do you have an upcoming exhibition or event? If you’re an SFAI alum, please fill out this form to be featured in our next roundup of alumni exhibitions and events.
Top Image Credit: Whitney Lynn, Song of the Sirens, 2019 archival pigment print on Legacy Etching paper, 30 x 40 inches. Š Whitney Lynn Studios.
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the-record-newspaper ¡ 5 years ago
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The killing of Rhonda Hinson Part 49
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James "Flash" Pruett and his wife Rhonda, as they embark upon a trail conducting them to the petroglyphs discovered near their home at Pahvant Butte in Fillmore, Utah.  It was snapped in July, 2015 by Ruth Riddle Jones.  
 An Encomium
 By LARRY J. GRIFFIN
Special Investigative Reporter
For The Record
 Editor’s note: This is the continuation of a series on the Dec. 23, 1981, unsolved murder of Rhonda Hinson.
 To James “Flash” Pruett—a foremost champion of the law of his generation��whom I shall ever regard as one of the best and wisest men whom I have ever known.—Adapted from, “The Final Problem,” by Sir Arthur Conan Doyle.
 As a tear trickled down his cheek, Detective James “Flash” Pruett silently slipped away into perpetuity on Saturday, March 14, 2020.  The time was 7:15 p.m.  
His wife, Rhonda, was by his side, as she has been over the last heart-rending months, weeks, and final days of her husband’s life struggle.  “I know he heard us,” Rhonda Pruett averred during conversation with this writer.  “He had been out of it the entire time. So yes, I talked to him and gave him jobs to do when he left….”
Ironically, the 69-year-old lawman died on the birthday of the Pruetts’ beloved dog, Paiute, that they lost just weeks ago.  “He died on her 14th birthday, Pi day,” Rhonda informed friends on her personal Facebook page.  
The former detective will be missed by a plethora of appreciative admirers for the impeccable, incomparable investigative work that he did relative to the Rhonda Hinson murder case—the proof of which can be found on the Remembering Rhonda Hinson Facebook page.  As of press time, over 9,400 friends and followers of the page have read the post announcing his demise, with over a hundred respondents offering their commiserations to Flash’s family and friends. And condolences continue to come.
Jill Turner-Mull—Rhonda Hinson’s best friend and lifelong activist for obtaining resolution for the 38-year-old murder case—was one of them. “This saddens me deeply but I do find comfort in knowing heaven gained an angel.  Big hugs and prayers sent to Rhonda and the family.”
Connie Barnes—Rhonda Hinson’s friend and indefatigable advocate for justice for the slain 19-year-old—agrees with Jill, “Heaven gained an angel for sure.”  Then she adds, “Thinking of his family and praying for their comfort in the days to follow.  You are our hero, Flash…your dedication to Rhonda’s case was the best.”
Mark Perrou—a friend of the Hinson family and activist for justice—directly addresses the detective who worked diligently to solve Rhonda’s case: “Thanks, Flash for being a loyal servant to the community.  Godspeed, Sir.”
Janis Mullis—a Hinson family friend and outspoken advocate for the resolving of Rhonda’s case—offers, “Many, many prayers for his family and much appreciation for his hard work that will live on!”
 Others write descriptively of Mr. Pruett’s professional prowess:
“--Absolutely the very best, trustworthy awesome intelligent detective I have ever known and I had the honorable luck of calling him and his equally precious beautiful and talented RN wife for my friends.”
“--I had the pleasure of working with Flash at BCSD.  He was a Great Detective and a very honorable man. This world needs more men like him. He will be missed greatly.”
“--So sad to hear this.  I met Flash and worked with him as an electrician.  A very smart and proficient individual not to mention a great guy.”
“--He was a very caring and kind officer, enjoyed working with him.”
“--I’m sorry to hear this.  He tried hard for Rhonda and her family to solve this murder.  God Bless you Flash—you were one of the good guys for sure!”
Still other respondents—far too numerous to enumerate—sent condolences, prayerful commiserations, and expressions of love to Detective Pruett’s wife, Rhonda, and the rest of his family.  
For Bobby and Judy Hinson, the detective was more than just a lifeline back to the investigation into the murder of their daughter, he was a friend.  Judy Hinson writes articulately about the man whom they felt cared the most:
“Flash was one of the finest people we have ever met.  There was never a time that he was too busy to talk to us.  He always answered any questions that we had.  He never made us feel like we were bothering him when we called the department and the times we called him at home.  Flash was always so kind and so caring.  Not only his family but all the people who knew him have lost someone that can never be replaced.”
Detective Pruett’s comprehensive investigation into the killing of Rhonda Hinson has become legendary.  As previously reported, Flash was officially assigned the case by Major Robert Lane and Lieutenant Greg Calloway on Friday Jan. 20, 1995, during the Richard Epley administration.  Gene Franklin was tasked with the responsibility to assist Detective Pruett in the continuation of the investigation.
Over the next five-years, Flash applied a systematic, logical approach to the conduction of his investigation—in contrast to the often inconsistent, inconstant efforts of most of his predecessors, as reflected in case documentation.  In an interview with News Herald staff writer, Jen Pilla, three-years after his assignment to the post of lead investigator for the Rhonda Hinson case, the detective articulated the course he would pursue throughout:  “When I was assigned to this case three-years ago, I decided it was time to go back to the basics and back to the crime scene itself.”
And back to the basics it was as he conducted interviews, tracked leads, and continuously examined and re-examined the totality of accrued evidence. Moreover, on the morning of Wednesday, Oct. 15, 1997, he initiated and assisted in the performance of an SBI ballistics assessment for the expressed purpose of ascertaining the trajectory of the projectile that killed Rhonda Hinson on the early morning of Dec. 23, 1981. He, along with a team of SBI agents, utilized a 1982 Datsun 210—similar to the 1981 Datsun 210 driven by the decedent—that the Hinsons had acquired and ceded to BCSD to be used to perform whatever testing deemed necessary.  
The results obtained from the ballistics assessment, as reported in the summary, forever dismissed any possibility that the shooting was done from Interstate 40, from Elmer Buff’s property, or from either embankment along Eldred Street/Hwy 350.  The conclusion?  Only a person standing on ground level and behind Rhonda’s car could have fired a shot that matched the calculated trajectory of the missile that extinguished her brief life.
 There were some “firsts” accomplished by Detective Pruett:  the assignment of significance to the articles found in Rhonda Hinson’s Datsun 210 that were not present when she left her parents’ residence to attend a company Christmas party on Tuesday evening, Dec. 22, 1981, and the first-ever interview of Mark Turner—Jill Turner-Mull’s boyfriend and Greg McDowell’s friend—over fourteen-years after Rhonda’s murder. Flash seemed convinced that the gray-hooded sweatjacket, belonging to Miss Hinson—that she left in Turner’s automobile, yet managed to be prominently displayed on the sundeck of Rhonda’s Datsun 210 on the morning she was murdered—was as a key to cracking this case. Turner, however, told the detective that he could not remember how it got out of his car and into that of the slain 19-year-old—an asseveration that Flash clearly did not believe.  
Detective Pruett also applied surveillance equipment to the investigation, as he leveraged the relationships that Mark and Faith Turner and Jeff Hinkle had with Greg McDowell, in an effort to capture incriminating statements offered by Rhonda Hinson’s former boyfriend while engaged in casual conversation.
On Tuesday afternoon Dec. 23, 1997, Detective Pruett—along with Sheriff Richard Epley and an entourage of others—interviewed Greg McDowell in his engineering office in Hickory.  He noted that the 34-year-old engineer admitted—for the first time—that he knew that Rhonda had called him from Sherry Pittman Yoder’s house, in contrast to his statement to law enforcement, proffered immediately following the murder, in which he maintained that he thought Rhonda was at home.  McDowell also informed Flash and the others that a pink snake, acquired during a Myrtle Beach trip and among the items found in Rhonda’s Datsun 210 on the day of her death, “stayed on his dresser at home.”  
Unfortunately, subsequent to a near-fatal automobile accident that occurred during Winter 2000, Detective Pruett’s days as lead investigator and employee at the BCSD were numbered.  While he was having back surgery to repair damage sustained in the accident, Flash was supplanted by Sheriff John McDevitt when he hired former SBI agent, John Suttle to head his criminal investigations division.  It was News Herald staff writer Cheryl Moose Bollinger [Shuffler] who reported the action in a Nov. 19, 2000, article entitled, “Retired Agent Back in Law Enforcement.”
Shortly after his return to the BCSD and not completely rehabilitated, James Pruett was afforded the option to resign or face the prospect of termination, according to statements that Flash made to this writer across several interviews.  A similar scenario was recounted by former Sheriff McDevitt when he admitted to the Hinsons, at a local restaurant in the Fall 2019, that he had to get rid of Flash because he didn’t think that he could do the work any longer.
Though Mr. Pruett admitted to being treated badly under McDevitt’s administration, he refused to castigate his fellow law enforcement colleagues who were instrumental in effecting his departure from the BCSD.  
One singular feature of Detective Pruett’s investigation that distinguishes it from those conducted by others, was his detailed notes that he assiduously recorded at the conclusion of every day that he worked the Hinson case. They not only offer descriptions of actions, procedures, and factual summaries of interviews with principals, they also provide insight into the detective’s hypotheses and questions yet to be answered.
Whether intended or not, Flash’s notes are reflective of the measure of the man himself—his characteristic dedication and compassion; and his respect and caring concern for Bobby and Judy Hinson.  Sometimes they bespeak his own very human, personal feelings which were otherwise masked beneath the stoic façade of a seasoned law enforcement officer.  None illustrates his inherent character better than the final paragraph of his detailed description of activities on what would have been the day of Rhonda Hinson’s birthday –Wednesday Dec. 13, 1995:
“The last thing I did today was to go by Rhonda’s gravesite.  I spent about five minutes there in prayer.  I could see the pain in Judy and Bobby’s faces when I was with them today, Rhonda’s 33rd birthday.  I could feel the weight of that pain on me at the gravesite.  It was especially hard on all of us today.
Though he was criticized for his “obsessive” attachment to the “most investigated case in Burke County history,” Detective James “Flash” Pruett persevered.  Some of his last sentiments expressed to this writer indicated his desire to leave the rehabilitation facility and continue—on his own time—the investigation into the killing of Rhonda Hinson.  
“There are things that I should tell you,” Flash declared to me. “But I can’t tell you right now and not here.”
In his final two months of life, while in the throes of Parkinson’s Disease, the quintessential detective was ready to resume the work toward achieving resolution to the 38-year-old murder case and obtaining a modicum of peace for the Hinsons.  
This is the “stuff” of heroes.
James “Flash” Pruett
August 16, 1950—March 14, 2020
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engineofficia ¡ 5 years ago
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2021 Bollinger B1 & B2 That Boast Some Serious Performance
2021 Bollinger B1 & B2 That Boast Some Serious Performance
2021 Bollinger B1 & B2 That Boast Some Serious Performance – Hi everyone, Nellie here from Engine Official. So this is the Bollinger truck, yes an electric SUV and there’s also a pickup as well.
2021 Bollinger Changes Exterior Design
There are actually two versions of the Bollinger available. There’s this B1, which is an SUV, then there’s the B2, which is a pickup truck. Now you might be thinking…
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architectnews ¡ 3 years ago
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Dakar Skyscraper Building: Johannes Baar-Baarenfels
Dakar Skyscraper Building in Senegal, Johannes Baar-Baarenfels West African Tower, Architecture Images
Dakar Skyscraper Building, Senegal
29 November 2021
Design: Architect Johannes Baar-Baarenfels, Vienna
Location: Dakar, Senegal, Africa
‘Time Space Existence Miami 2021’ exhibition at MCAD
Exhibition in Miami: Baar-Baarenfels Architects present a skyscraper for Dakar
The Miami Center for Architecture & Design pays tribute to the latest work of Viennese architect Johannes Baar-Baarenfels – a skyscraper in the West African megacity Dakar.
Dakar Skyscraper Building Design
On November 30, 2021, the exhibition “Time Space Existence Miami 2021” opens at the Miami Center for Architecture & Design (MCAD). The exhibition presents the latest work by Baar-Baarenfels Architects.
The contribution of the renowned Viennese architectural firm is a skyscraper in Dakar, Senegal. Adapted to the hot climate of West Africa, the building’s supporting structure is in front of the glazing. The skyscraper is located in the middle of the Dakar Peninsula, offering spectacular city andsea views in almost all directions. Despite the building’s transparency and the large proportion of glass, there is a high degree of shade. “Due to the building’s sculptural design the, grid structure has different mesh sizes. Parametric design made this possible”, says architect Johannes Baar-Baarenfels.
The breathtaking entrance hall connects to a gap space over seven storeys and is designed as a hanging garden. The lower floors are intended for office space, and the floors above as flats.
A crowning highlight of the building is a penthouse with a sculpturally shaped flying roof. It appears to rise from the grid structure in gentle transitions from the façade. On the rooftop, there is also a pool area with palm trees.
Energy efficiency
Through a high share of shading, the building proves its energy efficiency. The shading parts act as thermal solar collectors. The energy generates chilled water for air conditioning via absorbers and also to heat water. The skyscraper cools using component activation within the concrete ceilings.
Dakar Skyscraper in Senegal – Building Information
Planning: Baar-Baarenfels Architects – DI Johannes Baar-Baarenfels & Dr. Raffaelo Dipace
Statics: Bollinger-Grohmann
Building services technology: TGA Consulting
Architect on site: DI Urbain Diagne
Graphic design: Alois Schwaighofer
Architect Johannes Baar-Baarenfels
Johannes Baar-Baarenfels is an Austrian architect based in Vienna. In 2020 he won the European Property Award with his project “Residence for a Petroleum Engineer”.
In the same year, his project “Sofia Serdica” – three shell-shaped glass domes to preserve 2500-year-old underground ruins in the historical centre of Sofia – was the highlight at an exhibition at the Shusev Architecture Museum in Moscow. In 2013 Baar-Baarenfels was awarded for his renovation of Palais Rasumofsky in Vienna the category “New and Old” at the World Architecture Festival in Singapore. In 2010 Baar-Baarenfels was nominated at the World Architecture Festival in Barcelona for the Sportalm Flagship Store in Vienna in the category “Shopping”.
Further information: www.baar-baarenfels.com
Images Copyright Baar-Baarenfels Architects
Dakar Skyscraper Building in Senegal images / information received 291121 from Johannes Baar-Baarenfels
Location: Dakar, Senegal, West Africa
African Buildings
Africa Architectural Projects
African Architecture Designs – chronological list
African Architecture News
Senegal Buildings
University of Bambey Building, Diourbel, Senegal, West Africa Design: IDOM image from architects University of Bambey Building
House in Dakar Design: SAOTA – Stefan Antoni Olmesdahl Truen Architects and Antoni Associates image from architects Senegal Property
Radisson Blu Hotel in Dakar Design: SAOTA – Stefan Antoni Olmesdahl Truen Architects and Antoni Associates photo from architecture office Senegal Hotel Building
Solar Well, Sambacounda village, Senegal, Africa Design: Raoul Vecchio Architect picture from architects practice Solar Well in Senegal
African Architecture
Disappearing Vernacular African Architecture Article: Jon Twingi Sojkowski Verandah wraps around a home Penganga village Vernacular African Architecture
Another west African building on e-architect:
University of The Gambia – New Campus Design: Snøhetta, Norway University of The Gambia Buildings
South African Architects
Comments / photos for the Dakar Skyscraper Building design by Johannes Baar-Baarenfels in Senegal page welcome
The post Dakar Skyscraper Building: Johannes Baar-Baarenfels appeared first on e-architect.
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futuristictyranteagle ¡ 3 years ago
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Platform Supply Vessels (PSV) Market Size, Share With Top Companies, Region Forecast 2021-2027
Platform Supply Vessels (PSV) Market 2021-2027
A New Market Study, Titled “Platform Supply Vessels (PSV) Market Upcoming Trends, Growth Drivers and Challenges” has been featured on fusionmarketresearch.
Description
This global study of the Platform Supply Vessels (PSV) market offers an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the market. There is also to the study approach a detailed segmental review. A regional study of the global Platform Supply Vessels (PSV) industry is also carried out in North America, Latin America, Asia-Pacific, Europe, and the Near East & Africa. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.
Platform Supply Vessels (PSV) Industry 2021 Global Market Research report presents an in-depth analysis of the Platform Supply Vessels (PSV) market size, growth, share, segments, manufacturers, marketplace expanding, technological innovations, revenue and technologies, key trends, market drivers, price, cost structure, challenges, standardization, deployment models, opportunities, future roadmap, and 2027 forecast.
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This report contains market size and forecasts of Platform Supply Vessels (PSV) in global, including the following market information: Global Platform Supply Vessels (PSV) Market Revenue, 2016-2021, 2022-2027, ($ millions) Global Platform Supply Vessels (PSV) Market Sales, 2016-2021, 2022-2027, (Units) Global top five Platform Supply Vessels (PSV) companies in 2020 (%)
The global Platform Supply Vessels (PSV) market was valued at 3572.7 million in 2020 and is projected to reach US$ 3613.9 million by 2027, at a CAGR of 0.3% during the forecast period.
Fusion Market Research has surveyed the Platform Supply Vessels (PSV) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Competitor Analysis The report also provides analysis of leading market participants including: Key companies Platform Supply Vessels (PSV) revenues in global market, 2016-2021 (Estimated), ($ millions) Key companies Platform Supply Vessels (PSV) revenues share in global market, 2020 (%) Key companies Platform Supply Vessels (PSV) sales in global market, 2016-2021 (Estimated), (Units) Key companies Platform Supply Vessels (PSV) sales share in global market, 2020 (%)
Further, the report presents profiles of competitors in the market, key players include: COSCO Shipping Vard Group Xiamen Shipbuilding Nam Cheong VT Halter Marine Americasn SB Damen SINOPACIFIC Shipyard DeHoop Wuchang Shipbuilding BAE Systems Ulstein Verft Bollinger Shipyards Bordelon Marine SB Eastern Shipbuilding Group Remontowa Harvey Shipyards
Total Market by Segment: Global Platform Supply Vessels (PSV) Market, By Type, 2016-2021, 2022-2027 ($ Millions) & (Units) Global Platform Supply Vessels (PSV) Market Segment Percentages, By Type, 2020 (%) PSV below 3000 DWT PSV above 3000 DWT
Global Platform Supply Vessels (PSV) Market, By Application, 2016-2021, 2022-2027 ($ Millions) & (Units) Global Platform Supply Vessels (PSV) Market Segment Percentages, By Application, 2020 (%) Oil & Gas Production Offshore Construction Military Others
Global Platform Supply Vessels (PSV) Market, By Region and Country, 2016-2021, 2022-2027 ($ Millions) & (Units) Global Platform Supply Vessels (PSV) Market Segment Percentages, By Region and Country, 2020 (%) North America US Canada Mexico Europe Germany France U.K. Italy Russia Nordic Countries Benelux Rest of Europe Asia China Japan South Korea Southeast Asia India Rest of Asia South America Brazil Argentina Rest of South America Middle East & Africa Turkey Israel Saudi Arabia UAE Rest of Middle East & Africa
Ask Queries @ https://www.fusionmarketresearch.com/enquiry.php/Platform-Supply-Vessels-(PSV)-Market/41356
Table of Contents
1 Introduction to Research & Analysis Reports 2 Global Platform Supply Vessels (PSV) Overall Market Size 3 Company Landscape 4 Sights by Product 5 Sights by Application 6 Sights by Region 7 Manufacturers & Brands Profiles 8 Global Platform Supply Vessels (PSV) Production Capacity, Analysis 9 Key Market Trends, Opportunity, Drivers and Restraints 10 Platform Supply Vessels (PSV) Supply Chain Analysis 11 Conclusion 12 Appendix
Continue…
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theresemarksiron ¡ 3 years ago
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sfaioffical ¡ 5 years ago
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SAN FRANCISCO BAY AREA:
Kota Ezawa: National Anthem, and Mike Henderson’s At the Edge of Paradise Opening Friday, November 8 at Haines Gallery. On view through December 14, 2019.
National Anthem, the artist’s most recent project is a stirring and timely body of work that offers a powerful meditation on protest, patriotism, solidarity, and hope, depicting professional NFL athletes “taking a knee” during the national anthem to protest police brutality and the oppression of people of color.
Mike Henderson: At the Edge of Paradise, Henderson’s thirteenth solo exhibition at Haines Gallery, features a suite of newly created, large-scale abstract paintings whose complex palettes and carefully worked surfaces explore the tension between gestural and geometric abstraction.
The Qualitative Validation Principle - Marc Horowitz (2001) Ever Gold [Projects] presents The Qualitative Validation Principle, Marc Horowitz’s second solo exhibition with the gallery. On view November 9 – December 21, 2019.
BoundarySpan – a group exhibition featuring Michael Arcega (BFA 1999), Jimin Lee (MFA 1997), Paula Levine (MFA 1988), Sherwin Rio (MA 2019), Desiree Rios (MFA 2017) In a time of increasing divisiveness, separation, polarization, and fortified walls, artists can serve critical roles in building indirect associations, nurturing connections, and reminding us of the importance of considering a multitude of perspectives. BoundarySpan is a group exhibition at the Natalie and James Thompson Art Gallery displaying works by artists Michael Arcega, Jimin Lee, Paula Levine, Sherwin Rio, and Desiree Rios. On view November 12, 2019 - February 21, 2020
Shaw & Co. - Richard Shaw (BFA 1965, Martha Shaw (BFA 1966), Alice Shaw (MFA 1999), Virgil Shaw & Friends Gallery 16’s exhibition “Shaw & Co.” presents a collection of work by members of the Richard and Martha Shaw Family, plus a plethora of SFAI-affiliated artists—faculty and alums—including Richard Shaw, Martha Shaw, Alice Shaw, Rebeca Bollinger, Mike Henderson, Don Ed Hardy, Bob Hudson, Sahar Khoury, Alicia McCarthy, Jim Melchert, Ruby Neri, Cornelia Schulz, Wanxin Zhang, and more!
Völva Saga, Silenced – Monet Clark Join Monet for the opening of Völva Saga, Silenced, a 24 hour projected performance video at AP/SE on November 15. The piece will run 24 hours starting at noon with a request to gather at dusk 4:45, to 6pm
Savor The Moment and Table Testaments - Nancy Willis (MFA 2005) Nancy Willis will feature in two upcoming exhibitions this month. The first is Table Testaments which opens November 16 at Arts Benecia, then Savor The Moment opens November 23 at Chandra Cerrito / Art Advisors in Oakland.
Fresh Focus: Small Works Exhibition of Recent Bay Area MFA Artists - Jordan Taylor Holms (MFA 2019) On December 11, 2019 SFMoMA Artists Gallery opens this exhibition featuring small-size artworks by recent and current MFA artists of the Bay Area, including alumna Jordan Taylor Holms. The show will be on view through February 23, 2020.
NEW YORK
Urbanites and Ur-Beasts – Olive Ayhens (MFA 1969) On view October 30 – December 20, 2019 at Bookstein Projects, Urbanites and Ur-Beasts is Olive Ayhens fourth show with Lori Bookstein and the second at Bookstein Projects.
Umwelt - Christine Davis (BFA 1992), Patricia Olynyk, Meredith Tromble (SFAI faculty) Umwelt exposes the multilayered work of artists who engage with the sciences, while offering visitors a nuanced view of what science both is and can be. Meredith Tromble, Patricia Olynyk, and Christine Davis are artists who approach science as material for art. Through their works in digital media, installation, sculpture, and photography, Tromble, Olynyk, and Davis orient viewers to a playfully provocative and imaginative world of questioning. On view at BioBAT Art Space November 1, 2019 – March 30, 2020
Women in Possession of Good Fortune - Kira Nam Greene (BFA 2002) Women in Possession of Good Fortune, an exhibition by Kira Nam Greene, refers to the opening lines of Jane Austen’s novel, “Pride and Prejudice” and alludes to both the persistence of sexist assumptions and the achievements made by women from different races, ages and sexual orientations. On view at Lyons Wier Gallery November 7th - December 7th, 2019.
Catch and Release - Carolanna Parlato (MFA 1980) Often employing only a few colors and compositional elements, Parlato’s newest paintings are efficient in their drama and demonstrate the sheer power of limits: just this much is just enough. Carolanna Parlata’s solo show, on view at Morgan Lehman November 7 – December 14, 2019.
Liz Atz and Gelah Penn: Splice - Gelah Penn (MFA 1973) Please join us in celebrating alum Gelah Penn during the opening of Splice on November 22 at The Yard: City Hall Park.
Los Angeles, CA
Units by Seth Lower (MFA 2008) On January 9, 2020 Seth Lower will host a book launch and signing for his latest, Units at Book Soup in Los Angeles. “Units contains photographs taken from 1994–2017. The images depict a variety of everyday materials and situations, many seen in sets, parts, or multiples. Within such scenes, Lower seeks out a kind of integrity (or lack thereof): standards of measurement, materiality, vague questions about the boundaries of entities and experience.”
NEW JERSEY AND ONLINE
Show Me Your Neon and Winter Solstice – group exhibitions featuring Holly Wong (MFA 1995) Show Me Your Neon is on view November 18 – December 31, 2019 at Gallery 1202.Holly creates installations, assemblages and works on paper, integrating non-traditional approaches with more traditional sewing techniques associated with the history of women. Her approach is both non-conventional but also deeply rooted in her history and culture. Winter Solstice opens November 16 at MarinMOCA and is on view through December 22, 2019.
Paul Valadez (BFA 1997) Visiones Latinx: Selections from the Permanent Collection and Mucho Caramelo If you are in New Jersey before December 11, 2019 check out Paul Valadez’s group show Visiones Latinx: Selections from the Permanent Collection, and click the link above to view Mucho Caramelo, an online exhibition of Paul’s recent gift to the Latin American Studies program at University of the Pacific in Stockton, California.
Seattle, WA
Boundaries – Claire Brandt (MFA 2005) Boundaries, opening Nov. 14 and on view through December 9, 2019 at The Factory in Seattle, WA is an exhibition of Claire Brandt’s paintings and a performance of States of Being Traced, her interactive drawing project.
Austin, TX
Allochory – Jamie Spinello (MFA 2007) Jamie Spinello’s 7 foot tall sculpture, "Allochory”, will open on Saturday, November 16 as part of an outdoor sculpture group exhibit, "Convergence". “Convergence” is a collection of public art works that were funded by the City of Austin for 2019 as part of the Art In Public Places, Tempo Program. This is an official registered East Austin Studio Tour Event located at #456 on the tour map.
Top image credit: (left) Jordan Taylor Holms, Holy Grails and Zero Degrees, 2019, Acrylic on canvas, 24 x 20 inches. (right) Jordan Taylor Holms, Look the Part, 2019, Acrylic and oil pastel on canvas, 13 x 11 inches.
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zacharythompsonprole-blog ¡ 3 years ago
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huobi-study-club ¡ 3 years ago
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Huobi Observation: Why is venture capital investment increasing significantly in the Indian crypto market?
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Huobi Observation
Data shows that the Indian crypto market has surged to nearly $40 billion from about $200 million a year ago. In addition, the Indian blockchain industry continues to gain traction with venture capitalists.
Venture Capital firms have poured in more than $176.9 million via 13 deals in India's cryptocurrency and blockchain industry this year. It has already reached 4 times compared to last year.
On 4 March 2020, the Indian Supreme Court ruled that the ban on banks offering cryptocurrency trading services by the Reserve Bank of India (RBI) in 2018 was unconstitutional.
The Indian government has abandoned its earlier complete prohibition plan of bitcoin, proposing to classify cryptocurrencies as an alternative asset category.
At the same time, regulatory measures have been introduced in India, with the Indian Ministry of Corporate Affairs amending the disclosure norms of the Companies Act to require Indian companies to disclose the details of cryptocurrency transactions.
According to Huobi Study Club, the market did not react greatly to the RBI's previous attitude on banning banks from providing cryptocurrency services, indicating that the market is not interested in the regulation in India.
The deeper reason may be that India is a vast country with a large population, however its administrative management is insufficient. Therefore, rather than taking a hard line on cryptocurrencies and attempting to ban them, India should establish a legal mechanism. A regulatory scheme and a possible taxation scheme would be more conducive to promote a stable industry than a ban or uncertainty.
The investment capital is pouring into the Indian market which indicates that traditional capital is less concerned about the possible risks from policy but more bullish about the prospects of the Indian market. On the one hand, India has a large population and advanced IT industry. With the increasing investment, the Indian crypto market will expand and radiate its influence throughout Asia in the future.
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Huobi Newsflash
[Disconnected Venezuelan Bitcoin miners might resume operations in 48 hours]
[Venezuelan President: Venezuelan could offer loans based on cryptocurrencies or petrodollars]
Venezuelan President Nicolas Maduro said, Venezuelan State Bank could probably consider offering loans based on foreign currency, cryptocurrencies or petrodollars.
[US debt ceiling hangs in the balance, investors’ enthusiasm for Treasury bills has abated]
August 13, despite the large amount of money floating around in the financial system, many investors have not actively participated in the last few Treasury bill issues. The indifference is from the uncertainty when the US Treasury used out its debt raising authorization date under the debt ceiling.
[Mexican billionaire says his bank will soon add support for Bitcoin]
According to Jinse Finance, Mexican businessman Ricardo Salinas Pliego has confirmed that his Banco Azteca will soon accept Bitcoin in a Thursday tweet.
[USD stablecoin USDC has destroyed over 300 million tokens in the last five days]
According to the latest data, USDC's total circulation on August 8 was $26,789,304,185, but had been reduced to $26,452,050,473 on August 13, meaning that 337,253,712 tokens had been destroyed in the last five days.
[President of Argentina: El Salvador adopts Bitcoin as fiat currency perhaps is a good path to take]
[Twitter CEO: every account on Twitter being able to link to a Lightning wallet]
Market Analysis
BTC continues to rise during the day, and is currently concerned about the breakthrough above 46,000.
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According to data from Huobi Global, BTC continues to rise during the day, and is currently concerned about the breakthrough above 46,000. From the four-hour level, the k-line crosses EMA5, EMA10, EMA20, and EMA5 crosses EMA10 and EMA20 within a day, forming a golden cross, and the three EMAs show an upward trend. The K-line crossed the middle rail of the Bollinger Band in the afternoon and approached the upper rail. There was no obvious change in the opening of the Bollinger Band. DIF is continuously below DEA, and both are positive. The trading volume is relatively sluggish, DIF continues to be below DEA, and there is a trend of upward wear, both of which are positive. CCI is gradually approaching the 100 line, and the market may break upward. Judging from the daily level, BTC is currently a short-term positive line, and it basically reversed the decline yesterday. The pressure on the upper side is relatively high. It is necessary to pay attention to the subsequent breakthroughs.
According to data from the Huobi Global, ETH continues to rise during the day, converging with the trend of BTC, and the highest price in the evening is around 3200. From the four-hour level, the k-line crosses EMA5, EMA10, EMA20, and EMA5 crosses EMA10 and EMA20 within a day, forming a golden cross, and the three EMAs show an upward trend. The K-line is below the middle rail of the Bollinger Band and is close to the lower rail of the Bollinger Band. The opening of the Bollinger Band expands slightly. DIF continues to stay below DEA for the day, and both are positive. The trading volume is relatively sluggish, and the market may continue to fluctuate sideways. In terms of daily level, from the perspective of daily level, the current BTC is a short-term positive line, and the basic turn-off of yesterday’s decline, the pressure on the upper side is relatively high, we need to pay attention to the subsequent breakthroughs.
In terms of contracts, the data of Huobi Futures showed that the open interest of BTC futures remained stable,the volume decreased slightly, and the contract market was relatively inactive. The basis of futures contracts increased slightly.
The open interest of ETH futures contracts decreased slightly,the volume decreased slightly, and the contract market was relatively inactive. The basis of futures contracts increased slightly.
According to data from Huobi Study Club, DeFi TVL increased slightly and valued at $106.20 billion, the true locked value increased slightly and valued at $79.93 billion. Among them, the top programs have not changed much. Today's total DeFi trading volume decreased slightly and it is $3.95 billion.
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readingsrantsrambles ¡ 3 years ago
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‘Financially Hobbled for Life’: The Elite Master’s Degrees That Don’t Pay Off
by Melissa Korn at [email protected] & Andrea Fuller at [email protected] for the Wall Street Journal 
JULY 9, 2021 
Columbia and other top universities push master’s programs that fail to generate enough income for graduates to keep up with six-figure federal loans
Recent film program graduates of Columbia University who took out federal student loans had a median debt of $181,000.
Yet two years after earning their master’s degrees, half of the borrowers were making less than $30,000 a year.
The Columbia program offers the most extreme example of how elite universities in recent years have awarded thousands of master’s degrees that don’t provide graduates enough early career earnings to begin paying down their federal student loans, according to a Wall Street Journal analysis of Education Department data.
Recent Columbia film alumni had the highest debt compared with earnings among graduates of any major university master’s program in the U.S., the Journal found. The New York City university is among the world’s most prestigious schools, and its $11.3 billion endowment ranks it the nation’s eighth wealthiest private school.
For years, faculty, staff and students have appealed unsuccessfully to administrators to tap that wealth to aid more graduate students, according to current and former faculty and administrators, and dozens of students. Taxpayers will be on the hook for whatever is left unpaid.
Lured by the aura of degrees from top-flight institutions, many master’s students at universities across the U.S. took on debt beyond what their pay would support, the Journal analysis of federal data on borrowers found. At Columbia, such students graduated from programs including history, social work and architecture.
Columbia University President Lee Bollinger said the Education Department data in the Journal analysis can’t fully assess salary prospects because it covers only earnings and loan repayments two years after graduation. “Nevertheless,” he said, “this is not what we want it to be.”
At New York University, graduates with a master’s degree in publishing borrowed a median $116,000 and had an annual median income of $42,000 two years after the program, the data on recent borrowers show. At Northwestern University, half of those who earned degrees in speech-language pathology borrowed $148,000 or more, and the graduates had a median income of $60,000 two years later. Graduates of the University of Southern California’s marriage and family counseling program borrowed a median $124,000 and half earned $50,000 or less over the same period.
“NYU is always focused on affordability, and an important part of that is, of course, to help prospective students make informed decisions,” said spokesman John Beckman. Northwestern spokeswoman Hilary Hurd Anyaso said the speech-language pathology program is among the best in the world, leading to a “gratifying career path that is in high demand.” USC spokeswoman Lauren Bartlett said providing students financial support and employment opportunities was a priority for the school.
Undergraduate students for years have faced ballooning loan balances. But now it is graduate students who are accruing the most onerous debt loads. Unlike undergraduate loans, the federal Grad Plus loan program has no fixed limit on how much grad students can borrow—money that can be used for tuition, fees and living expenses.
High Price, Low ReturnColumbia has more high-debt master's degree programs in low-paying fields than any other Ivy League university.Debt compared to income, by master’s degree program
income
exceeds debt
Debt
exceeds income
Drama/Theatre Arts
and Stagecraft
Film/Video and
Photographic Arts
Note: Shows median debt for graduates in roughly 2015 and 2016, compared to median income two years later. Data isn't available for programs with few graduates, including those at Princeton University. Figures are only for graduates who borrowed federal loans.
Source: Education Department
It has become the fastest-growing federal student loan program and charged interest rates as high as 7.9% in recent years.
The no-limit loans make master’s degrees a gold mine for universities, which have expanded graduate-school offerings since Congress created Grad Plus in 2005. Graduate students are for the first time on track to have borrowed as much as undergraduates in the 2020-21 academic year, federal loan data show.
“There’s always those 2 a.m. panic attacks where you’re thinking, ‘How the hell am I ever going to pay this off?’ ” said 29-year-old Zack Morrison, of New Jersey, who earned a Master of Fine Arts in film from Columbia in 2018 and praised the quality of the program. His graduate school loan balance now stands at nearly $300,000, including accrued interest. He has been earning between $30,000 and $50,000 a year from work as a Hollywood assistant and such side gigs as commercial video production and photography.
Highly selective universities have benefited from free-flowing federal loan money, and with demand for spots far exceeding supply, the schools have been able to raise tuition largely unchecked. The power of legacy branding lets prestigious universities say, in effect, that their degrees are worth whatever they charge.
“Students gravitate to Columbia because Columbia’s Columbia, right?” film professor and writer-director Katherine Dieckmann said in a 10-minute video about the program that the school posted on YouTube in 2019. “It’s a world-class, Ivy League institution with access to all kinds of other departments, other ideas. It’s a world-class university. And the next thing is it’s in New York City. And I think that combination of elements is pretty seductive.”
That was the case for Columbia film MFA student Patrick Clement, who attended community college in California before transferring to the University of Kansas for his bachelor’s degree.
“As a poor kid and a high-school dropout, there was an attraction to getting an Ivy League master’s degree,” said Mr. Clement, 41. He graduated in 2020 from Columbia, borrowing more than $360,000 in federal loans for the degree. He is casting for an independent film, he said. To pay the bills, he teaches film at a community college and runs an antique shop.
Columbia grad students who borrowed money typically held loans that exceeded annual earnings two years after graduation in 14 of the school’s 32 master’s degree programs tracked by the Education Department, the Journal found. In about a dozen Columbia master’s programs, the majority of recent graduates weren’t repaying the principal on their loans or took forbearance, according to data released for the first time this year.
Julie Kornfeld, Columbia’s vice provost for academic programs, said master’s degrees “can and should be a revenue source” subsidizing other parts of the university. She also said grad students need more financial support.
In the past four years, Columbia School of the Arts said it has increased average scholarships by about a third to nearly $24,000. The length of the MFA film program also was reduced to a maximum of four years from five.
In April, Columbia announced a $1.4 billion fundraising campaign aimed at financial aid. Mr. Bollinger said administrators have yet to settle on how much will go to students in master’s degree programs.
Debt counselors recommend students not borrow more than they will earn right out of school. Yet about 38% of master’s programs at top-tier private universities in the U.S. failed that test, according to the Journal’s analysis of salary data for graduates from the 2015 and 2016 classes, the latest available.
At for-profit schools, a common target of regulators for high student debt and poor job prospects, 30% failed to meet the debt counselors’ advice.
Whether or not students should have better weighed the personal consequences of borrowing heavily to pursue lower-paying careers, the burden is far-reaching. After 20 to 25 years on an income-dependent payment plan, the balance on Grad Plus loans—roughly $11.2 billion issued in the school year that ended in 2020—can be forgiven. Taxpayers will bear any losses.
At least 43% of the people who recently took out loans for master’s degrees at elite private universities hadn’t paid down any of their original debt or were behind on payments roughly two years after graduation, the available data show.
Universities, which receive their tuition up front, have an economic incentive to expand graduate degree programs and face no consequences if students can’t afford to pay the federal loans after they leave.
“They’re not really held accountable for the myth they’re selling to students,” said Ozan Jaquette, an associate professor of higher education at the University of California, Los Angeles’s Graduate School of Education and Information Studies. His doctoral dissertation was on the growth of master’s programs. “We should not be giving federal-aid dollars to these programs that systematically saddle students with high debt,” he said.
Jumping classes
Matt Black graduated from Columbia in 2015 with an MFA in film and $233,000 in federal loans. He signed up for an income-based repayment plan that in leaner years requires no remittance from him. With interest, his balance stands at $331,000.
Mr. Black, a 36-year-old writer and producer in Los Angeles, said he grew up in a lower middle-class family in Oklahoma. He earns $60,000 in a good year and less than half that in dry stretches. The faculty at Columbia was stellar, he said, but he blamed the school for his “calamitous financial situation.”
“We were told by the establishment our whole lives this was the way to jump social classes,” he said of an Ivy League education. Instead, he said he feels such goals as marriage, children and owning a home are out of reach.
During a car ride last year with three friends from the film program, Mr. Black said, they calculated they collectively owed $1.5 million in loans to the federal government. “Financially hobbled for life,” he said. “That’s the joke.”
Is a degree worth the debt? Check it here.
Use this tool to compare the debt-to-income ratios of undergraduate, master’s, doctorate and professional degrees.
Debt-to-income ratio
A ratio above one means a typical student would graduate with more debt than income two years after graduation. A ratio below one means the typical graduate has income greater than debt.
Bachelor’sMaster’sDoctorateProfessional
Search for a program type
Please select a program to see a chart
Note: Shows median debt for graduates in roughly 2015 and 2016, compared to median income two years later. Data isn't available for programs with few graduates. Figures are only for graduates who borrowed federal loans.
Source: Education Department
An offer to attend Columbia is hard for many to pass up. Founded in 1754, the school boasts graduates who became U.S. presidents, Supreme Court justices and stars in the arts, medicine and business.
More than 800 people applied this year for roughly 72 spots in the film MFA program, which can total nearly $300,000 for tuition, fees and living expenses. Students aspire to join the lineage of successful alums who include Kathryn Bigelow, the director of “The Hurt Locker,” and Jennifer Lee, screenwriter and co-director of “Frozen.”
“The top anything tends to be more expensive than something that isn’t quite as good,” said Keith Goggin, a private investor in New York who until June was chairman of the Columbia Alumni Association. “I’d like to think the outcomes coming out of Columbia justify the cost.”
Like many of its Ivy League peers, Columbia offers generous financial aid to undergraduates. The neediest students pay next to nothing. Low-income Columbia undergraduates who received loans borrowed a median $21,500, according to the latest federal data covering students who received federal Pell Grants. Yet 2015 and 2016 master’s graduates from low-income backgrounds borrowed more than double that amount in every Columbia master’s program for which the Education Department publishes data.
Mr. Bollinger said undergraduates have “the most moral claim” to financial aid: “They are the people among us who are most trying to begin their lives and to build a base of education.”
Since fall 2011, Columbia has increased published rates for most master’s programs by a greater margin than it did for its undergraduates. In the most recent academic year, it kept tuition flat for undergraduate students because of the pandemic but raised charges for nearly every master’s degree.
‘Take more loans’
At least as far back as 2016, students said, they complained to top administrators about debt.
Mr. Morrison, who owes nearly $300,000, said he was invited to a fireside chat for graduate students at Mr. Bollinger’s Manhattan townhouse that year.
Mr. Bollinger asked for a show of hands by those who felt prepared to pay off their student loans and to succeed in the workplace, Mr. Morrison recalled. The grad student didn’t raise his hand, and Mr. Bollinger asked him why.
Mr. Morrison said the job market for aspiring screenwriters and directors looked bleak for someone with a six-figure debt load. He recalled Mr. Bollinger saying he understood the concern but that Columbia was a really good school.
“My immediate takeaway is that there’s a huge disconnect between the administration’s perception of the School of the Arts,” Mr. Morrison wrote to a faculty member a few days after the meeting, “and what’s actually happening for students.”
Mr. Bollinger said he recalled asking a question like that, and “I’m very much aware of what the School of the Arts needs in terms of financial aid support.”
That same year, more than 160 MFA film students petitioned Mr. Bollinger and School of the Arts Dean Carol Becker, lamenting how little financial support Columbia offered. They didn’t hear back from the president. Ms. Becker told them in meetings her hands were tied by the university administration, according to five students present.
Although the school created an emergency fund for international students, Americans “were just told to go and take more loans,” said Paul Carpenter, a 2018 film MFA graduate who joined the petition. Columbia said it also offset some student fees.
Scholarships cover only a small slice of Columbia master’s program costs.
Columbia MFA theater student Brigitte Thieme-Burdette, 31, negotiated up to $30,000 a year in scholarships but said the program remained a financial burden. She has so far borrowed $102,000 in federal loans. She said the school directed her to the federal loan application when she had financial questions, and didn’t say she could take out less than the maximum amount.
Columbia’s theater graduates who borrowed took on a median $135,000 in student loans, four times what they earned two years after graduation, the data show.
“There’s a virtual army of young people, most of whom may be naive about the financial obligations they’re undertaking,” said James Bundy, dean at Yale University’s drama school, which in June announced it would eliminate tuition. “I think there are some schools with debt loads that are indefensible.”
Christian Parker, a Columbia theater department faculty member and former department chair, said he and colleagues talked constantly about student debt. “I’ve never been to an all-school faculty meeting where it wasn’t brought up and where faculty were not advocating and agitating for this issue to remain at the front of the list of priorities for the dean’s leadership,” he said.
While Columbia is wealthy, it isn’t as wealthy as schools like Yale, limiting the funds available for scholarships, Mr. Bollinger, three Columbia deans and other top university administrators said.
Among the other priorities for Columbia, whose annual budget runs about $5 billion, is a 17-acre campus expansion in upper Manhattan that broke ground in 2008. Allocating school resources requires a complex set of judgments, and improving campus facilities can draw donors, Mr. Bollinger said.
The university said recent increases in grad-student aid weren’t reflected in the federal data the Journal analyzed. For example, the School of Social Work increased the number of full-tuition awards for new master’s students to 12 from two a few years ago.
The fall 2020 entering class had around 560 students.
Dog walkers
One foreign student said he notified School of the Arts officials in 2016 that he may need to drop out of the film program because he could no longer afford tuition and living expenses. International students aren’t eligible for federal loans. He received an email that August from an administrator.
“I was informed that you might be interested in additional on-campus work opportunities,” said the message, viewed by the Journal. “We were contacted by the Office of President Bollinger who hires students for dog caretaking.”
Mr. Bollinger said he didn’t know about or condone officials making the offer in response to the student’s situation. He said the job of caring for his yellow Labradors, Arthur and Lucy, while he traveled was intended to give students pocket money and wasn’t meant to address serious financial need.
In 2018, a group of almost 130 film students and alumni detailed their financial concerns in a letter to a faculty committee conducting a scheduled program review. The review criticized the School of the Arts for leaving students mired in debt, said a film professor who read the report. Columbia said the results of such reviews were confidential.
Ms. Becker said she was working to secure more donor support.
Around two-thirds of domestic students in the MFA film program take federal loans. The median debt for 2017 and 2018 graduates of Columbia’s film program who borrowed fell 5% from two years earlier but still topped $171,000, according to the latest federal debt figures, which combine the MFA and Master of Arts degrees.
Grant Bromley, 28, accumulated $115,000 in federal loans while getting his Master of Arts in film and media studies at Columbia. He had hoped to advance into academia after graduating in 2018. Instead, he moved back home with his parents in Knoxville, Tenn., for a year, taking a job at the TJ Maxx where he had worked as a teenager. He now works at a TJ Maxx near Chattanooga.
He is working on his third feature film in his spare time and credited Columbia for giving him the chance to pursue his passion.
For now, Mr. Bromley earns around $16 an hour and can’t afford to pay down his loan balance, which is $156,000, including undergraduate debt and interest. “It’s a number so large that it doesn’t necessarily feel real,” he said.
Editor’s note: Andrea Fuller is an adjunct lecturer at Columbia University.
Write to Melissa Korn at [email protected] and Andrea Fuller at [email protected]
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