I applied through an employee referral. The process took 4 weeks. I interviewed at ARF Financial (San Mateo, CA) in Jan 2009
Interview
About an hour long phone conversation with hiring manager. About a 45 minute conversation with the CEO, over the phone. Then a one hour long interview at the HQ. Took about a week for a reference check. Offer was then made over the phone, and then an emailed offer letter to me.