National Foundation for Teaching Entrepreneurship (NFTE)

by Wade Barnes 4. November 2008

About 2 years ago I became involved with the National Foundation for Teaching Entrepreneurship (NFTE) www.nfte.com. Here, at 1st Mariner Bank, we constantly strive to serve our communities. As the entrepreneurial spirit is alive here at 1st Mariner and I couldn't think of a better way to stay involved with the community than to become involved with such a meaningful program.

The basis of NFTE is curriculum taught within the school system that supplements the basic math and finance courses. The program allows the students to apply the principles learned by creating a business from concept to practice.

I had the great honor to work with a number of students at Patterson High School. They all had great ideas and worked hard to implement their plans. Two students took their plans to the next level, Jamal and William. Jamal and William created a business they named J&W Sensations. J&W Sensations creates and sells all natural lotions in a variety of scents. Not only are their lotions wonderful but they also proved themselves as businessmen too.

Jamal and William won their in-school business competition and as a result were asked to compete in the citywide competition. They competed and won. As a result of this tremendous victory, they were asked to compete in New York City at the national competition. Although Jamal and William didn't win the national competition, they did a wonderful job representing themselves, Patterson High School and NFTE.

Kevin and I had the honor to work with J&W Sensations and I know I speak for both of us as we congratulate these talented young men. J&W will be at various selling events throughout the year including an upcoming event in the 1st Mariner Bank Tower in December, be sure to check them out. For more information, please contact me at wbarnes@1stmarinerbank.com.

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Vote for Freebies

by Admin 4. November 2008

Did you vote today? Well, if you did the benefits are two-fold, the first being the ability to utilize one of the greatest rights we have as citizens, the second - and possibly more important to some - is your eligibility to getting FREE stuff. That's right; several major chains today are giving away free items if you exercised your right to vote. Below you will find the list of retailers so go forth and enjoy your citizenship with a free coffee and be sure to bring me one as well.

  • Ben & Jerry’s: Free scoop of icecream between 5-8pm. (locations)
  • Chick-fil-A: “Several hundred” of 1,400 Chick-fil-A restaurants are handing out chicken sandwiches with proof of voting. (locations)
  • Krispy Kreme: Free star-shaped doughnut with “patriotic sprinkles” for “all retail customers with an ‘I Voted’ sticker.” (locations)
  • Starbucks: Free tall coffee at “any Starbucks.” (locations)

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What is short selling

by Admin 31. October 2008

First, let me start off by saying Happy Halloween.  I hope everyone has a safe and fun time.  Moving on, I had some great responses to the previous video I posted on the Credit Crisis.  Many of you were asking detailed questions about other topics and one of them being short selling.  While I am not familiar enough to discuss the intricacies of it, I do have – yes, another video – this video from Senior Editor Paddy Hirsch of Marketplace to explain it in terms we can all understand. 

Enjoy!


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