Come out and join the DMA for this month’s General Body meeting. We have two special guest speakers from Society of Hospital Medicine . Todd Von Deak, MBA, CAE, Vice President of Operations & General Manager & Ashley Berger, Manager, Marketing Implementation will be here to discuss marketing and their company.

Also we will be going over upcoming events and other DMA info. We will need volunteers to help out with Marketing Day @ Drexel & AMA Saves Lives. Marketing Day will be held May 5th from 1-5pm. We hope to see everyone at our meeting for further details.

To read the full report, click HERE.

Recap of Last Week

by Steve Romasko

The bear market investors are currently experiencing took a turn for the worst, when the S&P 500 not only set new lows for the cycle, but erased all of the gains from the 2002-07 bull market. Uncertainty was the order of the week, following poor corporate news, economics, and the Big Three leaving Washington empty-handed. Citigroup was front-and-center in corporate news, as investors worried that capital-raising is imminent among financials in order to offset the steep losses. Adding fuel to the fire, was surfacing signs that the commercial mortgage backed securities (CMBS) market is beginning to deteriorate— evident in the defaulting $209 million loan made to Westin Hotels in Arizona and South Carolina , as well as the defaulting $125 million loan made to the Promenade Shops in California; both loans were originated by JP Morgan. Investors saw no signs for a positive outlook, took this as such, and triggered a broad sell-off in the financial sector. Citigroup, however, took most of the pain with their share price plummeting 60% to $3.77, amid no indication of pay cuts from senior executives and announced plans to cut 52,000 jobs. Read the rest of this entry »