The Disco Biscuits Share 20-Minute Pro-Shot Video Of “Helicopters” From Vegas Run

first_imgThis fall, The Disco Biscuits hit Las Vegas for a run leading up to Halloween joining Phish in Sin City and inevitably turning the city into a mecca for jam aficionados. The Biscuits have been releasing pro-shot videos from Vegas in recent weeks, with a video of “Once The Fiddler Paid” from their final night of the run debuting last week.Now, the Biscuits have added a clip from their performance on the 28th with the release of a video of “Helicopters.” The pro-shot video captures the first rendition of “Helicopters,” which kicked off a giant “Helicopters” sandwich that ended the first set of that night. Following a cover of the 80’s classic hit, “The Safety Dance,” this 24-minute “Helicopters” builds on itself beautifully, cutting out before the band moved into “Hot Air Balloon” and “Astronaut” before ending the show with a return to this first track. Check out video from the night below, courtesy of the band.Setlist: The Disco Biscuits | Brooklyn Bowl Vegas | Las Vegas, NV | 10/28/2016 Set One: Resurrection> The Safety Dance> Helicopters> Hot Air Balloon> Astronaut> HelicoptersSet Two: Above The Waves> Floes> Above The Waves> Tricycle> Above The WavesEncore: Frog Legslast_img read more

Capital planning and stress testing

first_imgAs the first round of NCUA supervisory stress tests are being completed, NCUA’s capital planning and stress testing rule for the largest credit unions might have you asking if you should be doing capital planning and stress testing too. Even if you are not a federally insured credit union with assets of $10 billion or more, it’s reasonable to ask if it’s a good practice.Understanding risk exposures and being structured to survive a certain level of risk is key. All credit unions do some form of capital planning via their budgeting process (although not at the rule’s level), but stress testing is often lacking. If you’re interested in performing NCUA’s stress testing, they publish stress test scenarios for baseline, adverse and severely adverse scenarios. These are macro-economic scenarios that include the unemployment rate, market interest rates, GDP, etc., and must be translated into assumptions that affect the credit union’s projections.NCUA is conducting the stress testing for the first three years and results aren’t public at this time. But the Federal Reserve’s approach to stress testing for banks, which NCUA’s stress tests were modeled after, shows that those macro-economic scenarios are turned into stress test assumptions by using the financial institution’s data, historical information and other regional and national data. If it’s overwhelming to think about creating assumptions for individual loans, step back to the bigger picture. The Federal Reserve’s emphasis is on how such assumptions should be justifiably tied to the economic stresses being modeled, rather than loan-level detail. In fact, banks commonly model portfolios segmented by such characteristics as product line, lien position and sometimes down to loan-to-value and credit score for material portfolios rather than at the individual loan level. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more