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Hello and welcome to Fridays From The Frontline, Clear Admit’s ongoing blog post covering the latest news in the MBA blogosphere. This week applicants received more interview invites, or dealt with the continued wait to hear how they fared while current b-school students attended conferences and began focusing on recruiting.

Army JMO didn’t do as well as he had hoped on his CFA exam, but wasn’t resigned to giving up.  Ccatcher provided a quick update on her R2 schools, which included an interview invite from Tepper as well as fully submitted applications to Anderson and Johnson.  MBAfome realized that the hardest part of the MBA application process wasn’t the GMAT but the wait for news once your applications are submitted. Pyarapopat expressed gratitude to friends, family and colleagues for their support throughout his application process.  The Applicationist received an interview invite from Chicago Booth.

Oxford ’13 Bayo organized a venture capital competition, celebrated final exams with champagne and thanked the school’s Careers Director for his guidance. HBS ’13 Parker experienced the beginning of her first HBS “Hell Week” and described the different breeds of “Hell Weekers” she saw scurrying around campus. Johnson ’13 Ellipser recapped his Johnson Silicon Valley  Trek, which included stops at Ebay, EA and Zynga. Ellipser wasn’t the only one heading west, Tepper ’13 Julianne also shared her experience of a west coast trek that involved stops in Seattle and the Bay Area. Kellogg ’13 Night Owl previewed the upcoming 25^th annual Black Management Association Conference, the theme of which will be “Crossroads: Building on the Past to Execute for the Future.”

Darden ’12 Yumiko described the differences in demeanor between first and second year students, and explained the value of ‘paying it forward.’ Kellogg ’12 Jeremy gave his readers some basic information about this year’s Northwestern/Kellogg Business Law Conference. LBS ’12 mbahut dedicated himself to reading more novels on his iPad. Darden ’12 Lily expressed appreciation for her week-long “Building Cultures of Innovation Through Effective Leadership” course and said that some of the guest speakers provided “the most honest discussions [she] had at Darden.”

And that’s a wrap for this week’s Fridays From The Frontline. Until next week, have a great weekend!

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A Southern California temple is trying to shame Mel Gibson into undoing a mess it created by taking out a jumbo loan on its synagogue — a loan it can’t afford to pay back.Congregation Beth Shalom, located in Corona, sent Mel a letter — obtained by…

TMZ
Temple Tries to Shake Down Mel Gibson

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If you wanna party with Diddy at the Playboy Mansion, you better be freakin’ LOADED — because TMZ has learned, tickets for the rapper’s post-Grammys after party top out around $50,000 each.The cheapest ticket is a slightly more affordable $1,500…

TMZ
Diddy — Grammy After Party Tickets … $50,000 a Pop

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History And Meaning Of The Word ‘Holocaust’: Are We Still Comfortable With This Term?
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More on Genocide

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The courage to act, even when the world remains silent, is a powerful lesson. Sugihara was not alone; others acted to save lives, often at great personal risk or suffering the ultimate penalty of death.
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More on Judaism

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By Vatalyst:

The expectations for 2012 are still gloomy. Europe is still struggling with debt, Greece and Portugal are still estimated to shrink by 3.5%, and is looking for ways to avoid a major recession. And now the IMF says European recession will impact the world economy. It’s also starting to look like China’s forecast slow down is accelerating. China’s GDP for 2012 had been estimated at about 8.5% for the year, fourth quarter GDP for 2011 is already at that level. Lingering and returning fears of global recession have the average investor spooked. Action on the U.S. exchanges has been weak since the first of the year.

The January FOMC meeting is important for alleviating fears in 2012, especially concerning Europe. Investors will continue to look for solid American companies for investment. These companies have proven records of sales, profits and an ability to weather global economic conditions. Paying a dividend

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By James Peters:

We are all painfully aware of the current low interest rate environment. We are seeing drastic intervention by The Federal Reserve in order to stimulate the economy. This intervention is causing wide divergence amongst classes of fixed income securities. The Fed may control short term interest rates, but it is investors who determine the demand for individual assets. Although Bernanke has announced that the Fed is on hold until 2014, anemic short term rates do not eliminate a potential change in investor preference.

Most investors will debate the state of the United States’ economy and expectations about world stock prices. However, most investors will agree that corporate balance sheets, as a whole, are in pretty good shape. While stock prices reflect expectations of future earnings, bond prices represent a claim on company assets and are directly related to the company’s financial condition.

In my previous article, Levered Municipal Closed-End Funds:

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