The need for and the impact of CUSOs

first_imgThere are numerous examples of companies that did not adjust to the changes in their industries that are no longer with us.  Kodak, Border Books and Blockbuster come to mind.  One disruptor has been so effective, their name is now used as a verb in describing the effect, getting “Uber-ed” referring to losing your market to a disruptor with little capital investment.  In hindsight, the disruption to these business models was obvious yet companies did not act in time.  It is human nature to be in denial when dramatic change is required, but change is often required to survive.   Netflix changed from a DVD delivery model to an online streaming model and they have flourished.Credit unions are at such an inflection point today.  In the 1930’s credit unions were the disrupters.  In those days, people had very limited choices to obtain financial services.  You had to be within a short travel distance from a financial institution. Credit unions provided reasonably priced services to common folks.  They were service oriented.  Credit unions did so through a collaborative model. continue reading » 16SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Dodgers sign pitcher Brett Anderson to one-year, $10 million contract

first_imgThe Dodgers have agreed to terms with free agent left-hander Brett Anderson on a one-year contract. The deal is worth $10 million plus $4 million in incentives, according to multiple reports Monday.The contract is unofficial because it is pending a physical. The Dodgers have not confirmed the signing.When healthy, Anderson has been a productive major-league starter since he broke in with a strong rookie campaign for the Oakland A’s in 2009. In 92 career games (81 starts) with the A’s and Colorado Rockies, Anderson has a 3.73 career ERA. As a starter, his career ERA is 3.69.Health will be the key to Anderson’s success with the Dodgers. He had Tommy John surgery in 2011 and had two stints on the 60-day disabled list in 2014: one for a fractured left index finger and another with a ruptured disc in his lower back. The latter injury required surgery in August. Anderson wound up starting only eight games last season for the Rockies, finishing with a 2.91 ERA, 29 strikeouts and 13 walks. When the Rockies declined the $12 million team option in Anderson’s contract for 2015, he became a free agent.The last three seasons combined, Anderson has been healthy enough to make only 19 major-league starts. While that makes him a bit of a gamble, Anderson is only 26 years old — often a pitcher’s prime. And he will have plenty of support if he can’t pitch a full season as the Dodgers’ fifth starter.Juan Nicasio, Mike Bolsinger, Joe Wieland (acquired in the pending trade for Matt Kemp) and Carlos Frias all started major-league games last season. Prospect Zach Lee is coming off his first full season in Triple-A and might be ready at some point in 2015.If healthy, Anderson would give the Dodgers a potential starting rotation of three left-handed pitchers (Clayton Kershaw, Hyun-Jin Ryu and Anderson) and two right-handers (Zack Greinke and Brandon McCarthy). Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more