Jet Lag- The Latest Security Feature

The ORIGINAL Team Double Deuces will attest that my life is somewhat unusual.  If there aren’t strangers at Starbuck’s talking to me about aliens, then there is a man urinating on my front yard as our team meeting is about to begin.  Or perhaps my 20 year old kitty cat will decide to give her opinion in the middle of the team call with a “Sqqquuuaaaccckkkkk”.  So this story will come as no surprise to them.  It’s just one in a million in the crazy things that happen to J.Lo.

This story is about the benefits of jet lag.  Until last night I thought there were none.  I hate lying in bed wide eyed during the middle of the night, and I hate even more trying to catch up on hundreds of work emails while falling asleep.  I think I’m able to survive residencies because the pace is so quick that I hit the ground running.  There is no time to think about jet lag when you’re being cold called or on a trip to a Mosque.

I arrived back in the States on Monday, along with about 20 other classmates flying Delta 7.  (Shout out to the party plane!)  Now, I need to tell you this part, which at first seems trivial, but in the grand scheme of my life becomes the central part of our story.  I had decided to take an originating flight out of Gainesville, Florida to catch the non-stop in Atlanta to Dubai.  That saved me about $800.  Since my Grandmother and aunts live in Gainesville I also had an excuse to visit.  I’ve been staying with my grandmother, heretofore called Nonnie, for the last few days.

Nonnie is about as cute as they come.  I tower a full 6 inches over her white hair which means when I hug her she nestles snuggly into my neck.  She asked me if I would sleep in her bed with her (because she was feeling lonely) and this is how I first learned of her bed time security ritual.

It begins with first making sure all of the doors are locked and dead bolted.  On the front door she then hangs a cow bell which if an intruder somehow managed to move the door even a hair will clank.  In front of the door she then places the dog carrier.  Then to her bedroom she goes.  The bedroom door is then locked.  She then sets the security alarm.  To additionally secure the door she places an old shower rod across it to bar the door.  If someone should then get into the room, she showed me a metal bar which she would use to subdue her attacker.  Nonnie’s dachshund, Hershey, is then called to the bed to sleep with her, so that her terrifying bark will provide further alarm.  This system actually does make you feel like you’re in a Fort Knox like situation, and you sleep soundly without any fear of invasion.

Since I’ve come back on Monday I somehow have managed to make it through a full work day each day, but I have been a goner by about 8pm EST.  I have been waking up at 3 or 4 am and trying to make myself drift back to sleep.  Last night I managed to make it to about 10pm before falling asleep in my Emirates Airlines T-shirt on the couch.  Nonnie woke me up and I stumbled my way into bed and I heard her go through her normal routine.

Three thirty AM.  I awaken to the house alarm going off!  Nonnie is in the bathroom and I jump out of bed!  I’m awake.  It’s 12:30pm in Dubai.  I AM AWAKE!!!  The security company calls.  Nonnie picks up the phone.
“Yes, this is Jane X. “
“Well that’s strange we’re in that room.”

“No I don’t see anything. I think we’re ok.  I think the alarm would have scared them.”

I am talking to her as she’s talking to the security company.  “Nonnie, tell them to send a police car to check the outside of the house and cruise the neighborhood.”

“Maybe just send a car to patrol the neighborhood once.”, she tells the operator non-chalantly.  All of the sudden the woman with a million locks is Arnold Schwartzenegger.  I am imagining my Nonnie breaking out with some Jackie Chan moves if there is still some perp lerking around.  Not likely.  More likely, the black beans I fed Nonnie for dinner combined with the stress of an intruder will cause her to produce noxious fumes.  (Yup, I’m an MBA candidate.  Note to self, build model for likely Nonnie vs Intruder outcomes.)

Nonnie gets off the phone, and again proves she is braver than initially thought.  She puts on her little cover up so she is not seen in her nighty.  She walks over to the bedroom door and opens it right up.  All the time, I’m wired and going “Nonnie, Nonnie, wait…we should wait for the police to come.  Wait, where’s the metal bar.”

Nonnie isn’t listening to me though.  She just sashays right on out to the living room turning on lights as I poke around under the bed looking for the metal bar.  I find the bar.  EUREKA we have protection….or maybe not.  Come to find out that the metal bar is the broken part of a wind chime.   It’s a hollow aluminum tube which is about four hand lengths long. 

That’s ok, I’m jet lagged!  This perp doesn’t know what’s gonna hit him.  He’s probably tired or at best wired on the latest narcotic.  But I have jet lag on my side and a somewhat short aluminum tube. 

Nonnie leads the way.  Mainly because I couldn’t stop her from going to more doors and windows to check them.  She’s like a little 5’2” leprechaun.  Every time I’d get over to protect her at one exit she’d be at the next.  “Jeez Louis woman, just hold still and wait for the police.”

Finally the police officer comes to the door.  Nonnie stands on her tippy toes to look through the peep hole and I crane my neck up to look through the top of the door.  “It’s okay Nonnie, I see his badge.”  I say standing behind her slowly lowering the bar.

The police officer checks around the house and reports back that everything is fine.  “It’s probably just the wind.” Him and my grandmother agree.  In the mean time I have figured out that if I were to hold the bar in a certain way it would like the barrel of a pistol.  I am debating about whether or not it is safer to claim it is a gun and “I’m not afraid to use it.”, or should I continue with it as a wind chime/thwacking device. 

We go through our little ritual of securing the doors and locking ourselves in the bedroom.  I put the phone and the wind chime on the bed in between us.  I think “I could put it underneath the covers and it would look like a gun if I pointed it out.  That way they couldn’t tell if it was a gun or not.  Although I might need to rethink my warning message.  I’m sure that would be a funny enough site for the perp to walk in on two women in bed with something poking up out of the sheets.”

And so, with my jet lag I laid back down, brainstorming ways to clobber an intruder.  Nonnie fell back to sleep and after about an hour I did too. 

So as you see, jet lag was quite useful.  I thought with a clear mind, and was clearly championing this whole situation.  No one is getting past this chica and her Nonnie.  So here’s to 9 hours of jet lag and all the security and mental toughness it brings.

Thus ends yet another typical day in my “normal” life.

How Accounting Explains the NBA Lockout

After many weekends spent this term on accounting and missing my beloved football games, I couldn’t help but think that there must be a way to bring the two together.  Accounting and sports.  A match made in heaven?  Well, maybe not quite, but I was able to enjoy a brief break from reading the Journal Entry of the Week by looking at some financial statements that were a little more interesting.

First, let’s start with the NFL.  It wasn’t too long ago that we were all on pins and needles about the NFL lockout.  What would happen if we had no professional football?  My fantasy football league can’t play itself.  I don’t own an X-box….yet….and if I did, would seeing a virtual Dirty Bird suffice?  No, it would not.  But why oh why would these players walk?

The claim from NFL owners was that they needed to reduce the player’s salaries by 18% ($1 Billion) because there was a loss in revenue.  Was that valid?  Wellllllll, in reviewing the financial statements that were leaked revenues in 2010 are down by $21.4M from 2009.  Hmm..we’ll need to keep digging though.  Ahh…the answer to why the owners are complaining is of course in the notes.  “Note 5- Debt & G-3 Stadium Program” explains that the program that gave low interest loans to teams to build stadiums ran out of money in 2007.  So the league isn’t loaning money anymore to owners and owners have loans to repay to the league for stadiums in huge amounts.  Team revenues are down, and owners need to cut costs.  Players’ salaries account for the largest portion of operating expenses, therefore to increase Net Income, owners wanted to…cut salaries.  Wow, I think I just had an accounting breakthrough.

http://deadspin.com/5819427/exclusive-weve-obtained-audited-financials-for-the-nfl-league-office

Alright, alright, well, the NFL Lockout is a thing of the past, and I can turn on the Thanksgiving Day games and watching the nail biting Cowboys v Dolphins game.  The NBA Lockout is really what we are focusing on.  Once again, player’s salaries are on the firing line as the league claims that the teams are losing revenue.  The NBA claims that 22 out of 30 teams lost money in 2010.  So what do the financial statements reveal?  In this case, there may be some truth to the owner’s claims.  The leaked 2009 financial statement from the New Orleans Hornets the 2008 season resulted in a $17M loss.  The team recovered in 2009 with a $1.8M profit.  So you say, “Wait, they were positive again in 2009.  How’d they do that after such a bad year in 2008?”

Then you use some Schipper-like detective skills.  Salaries went down by $3M, but hmmm…what is this weird line in 2009 of “Gain on modification of relocation” in the amount of $4M increase on the Income Statement? Note 10 in the financial statements gives the answer.  When the Hornets moved from Charlotte to New Orleans they had to pay a relocation fee.  This was being paid out in installments.  However, in 2009 they were granted a deferral of $4M.  Ahhh…so without this deferral the Hornets would have been about $2.2 in the red again.  The owners also gave short term loans to the franchise, but then issued Long Term loans to repay those borrowings (see Note 15).  Hmmm…I dunno…on the fence on this one.

http://www.atthehive.com/2010/12/7/1862259/the-hornets-financial-statements-the-hornets-have-been-unprofitable

I’m not happy so far because accounting is explaining way too much of this story.  Salaries, salaries, salaries.  Let’s see if accounting can explain this.  Is the salary cap a bad thing for all of these professional sports programs?  Well, actually, it could be helping the players make bigger bucks.  Allan Sloan, from Fortune Magazine, says that salary caps are actually just creative accounting designed to lower the average salary reported out each year.  One year you have a big salary next year a low salary, so on average you report out a lower salary.  As I suspected, accounting is to blame.  That was the answer I was looking for.  Now I’m going to go see if I can remember what my pillow looks like.

http://www.marketplace.org/topics/business/creative-accounting-helps-sports-teams-stay-salary-game

Humble Pie

I’ll take my turkey with a side of humbleness. That’s my feeling heading into the Thanksgiving Holiday this week.

I think a dose of humble is the biggest thing I’ve taken away from Term 2 so far, that I’m not quite as awesome as I thought in some areas. I think those in our program have a decent amount of self-confidence. I wouldn’t say it’s a prerequisite but it helps a lot in being successful and having the drive to take on not only work but a big load with school. It means we are confident in our abilities to get crap done when we need to.

For me, Term 1 was a little tough but nothing too much to sweat about. I had heard rumblings through this blog, from admins and professors in Term 1, and through the grapevine that Term 2 would be a different animal. Well here we are and boy is it! The funny thing is, it isn’t the class I was warned about that I’m humbled by, it isn’t intro to accounting that’s giving me fits. I’m a CPA, so that means I’m familiar with accounting. It doesn’t mean I’m an expert as CPA can mean you are in finance, taxes, management, consulting, government, or so many other areas. Still, I do have an advantage. So with that, I feel comfortable with most of the accounting. It takes a TON of time even so, but it isn’t anything compared to the exams I took to get my license.

No, it isn’t accounting that has me sweating, it’s Decision Models. It’s actually amusing, when I step away from it and look at how I’m doing, that I’m like the proverbial monkey with a typewriter as I work with Excel to develop my models. I feel like if I tweak this or that, maybe something coherent will come out of it. I’ve gone so far as to find a stupid book on Crystal Ball! Ugh, I have to find the time to work through that. The frustrating thing is I actually find it interesting but I am still having issues with it. I get the concepts after I look at the solution, but coming up with a plan of action ahead of time has been quite a challenge. The grades to date came out today and I’m barely, oh so barely, near the average though I’m on the bad side of that average. The thing is, when finals come around, I’m screwed unless I seriously get my act together.

So with that being said, I know where I’m at but I’m also capable of working on things. Here’s the part that I think many others in our program share: we see a problem and we tackle it head on. So yeah, I’m underwater with DM, but I know that and I’m confident that I’ll somehow learn to at least tread water, or even learn the rudiments of doggy paddling, by the time we hit the final. I won’t drown, I’m sure of that.

What’s the point of this post? Well I got my piece of humble pie, but I’m also confident enough to know that I can work through this. I bet a few others are in the same spot. Well we can get through this like we have with other big challenges we’ve faced in life. Just know that those facing this avalanche of work aren’t alone, that others are going through the same thing, and that you will get to the other side so we can celebrate in Dubai. See you on the other side of Term 2! Alright, back to the case studies…

P.S. To those having fits with accounting: To get through the accounting stuff, I’d seriously suggest looking over the class slides and watching the classes again (I’ve listened to the lecture twice in prep for the case). There is gold there for getting through the case work and in prep for the final. I think of the book as a place of last resort as I get lost in there more often than not. Just my two cents on that.