Saturday, February 7, 2009

Christmas is now every Saturday




The fact that many investors of danish fashionable shop were from Island, and that many declared bankruptcy is not a secret for anyone. Today, visiting Illum http://www.illum.eu/, that is the name of the shop, I have seen a very piculiar picture.

Discount of 70% were on all children clothers. That is unusual for my reasons, taht the discount on all the clouthers, that it is 70% and that it is in the middle of February.

Knowing a little bit about financial crisis and those methodes that many shops were forced to inforce in order to beat the crisis, I would say that it is a certain signal of panic attack and bankruptcy.

There were not to many things to choose from, but such brands as Ralph Lauren, Gant and Levi with 70% discount gets us, people living in Denmark, a little bit closer to the level of prices in the states.

Normally for the Ralph Lauren dress (1,5 y.o) you would end up paying 2100 kroner (360$), Levi pants 700 kroner (120$), and Gant blouse 554 kroner (95$). Yes, I am talking about kids clothers. So even with the 70% discount the prices are still way too high.

The worse thing is that for my Birthday I got a gift certificate for 700 kroner for this particular shop. Today I have realised, that all the money should be spent right now and there. Or what? If the bancropcy will be announced I will loose all the money. So I went shopping, blouses, pants and dresses were on my list. So now, my kids would have to wear those clothers day and night for the next 10 years in order for me no the feel so bad about the price I have paid.

Friday, February 6, 2009

From pension fund to data intellegence

Right after when it was announced to me that I woulo not be promoted I have decided to try to look for enother job. Well, the other thing is that it has been quite hard for the past 3 months, 2 times all the leadership has been changed and plans for the department has been changing so rapidly that at a certain point it began to be hard to follow up.

Anyway, I have sent my CV to 2 companies and was invited to the interview to both of them.

The first company (I will not disclosure the name of it, yet, as you guys, from my office will probably read this). It is a pension fund. I am applying for the risk management department as well. I have never, ever in my life have tried such an interview. It was 1,5 hours. But during this time, I had to show all the knowledge I do and donot have. I was crusified, literally crusified. I had a feeling that I was at an oral exam in finance, risk management, statistics and data management just extended about 5 times. Questions such as, and how would you write this function, and which passives can influence to risk forecast when there are no rate, can you draw Garch model for currency, and etc. etc. etc.
I came out dead. I had almost the same type interview about 2 years ago, when I applied to National bank. I didn't get it due to not possesion of Danish passport. Fair enough.
Good salary, pension... everything one wants. Great colleagues.
Today I have noticed that the vacancy was taking out of the website. Well, let us way and see.

The other company, was totally different type of company. I was suggested, by Morten, to send my CV to the CEO of that company. The interview started not in a way I was hoping and palnning. The CEO, happended to be called Morten, as well, asked me a quite piculiar question. About if I know that Russian girl, that Morten knows, who happened to study with him long time ago. Well, I didn't know what to say. So I said I do know her, more then one things, because it is me. With this tone we have started the interview process. It was a little shorter, about an hour, and the conclussion of this meeting is I need to make a presentation with the unknown data. Sound fun.
Not such a high salary, no pention. work 45 to... how knows, presentation, one should look and behaiv nice at any occasions, and one should play golf (well, that part I have to be better to)

Well, rapoing things together, I can tell, to get to 2 interview out of 2 applications is not bad what so ever, judging the current situation. I have not a clue what will happen. But I can tell, I want to get the company nr. 2. Less money, yes, but super cool and demanding job.