Tag Archives: Hedge fund

Are there Good Samaritans on Wall Street if you can be taken for 9 Billion

Posted on July 5, 2012 by lawrence serewicz

When JP Morgan lost 9 billion dollars on a derivatives trade, many people saw it as the market functioning properly.  What made the story interesting is the scale of the losses, 9 billion dollars at last estimate.  Yet, the story … Continue reading →

Posted in culture, management | Tagged , , , , , , , , , | 2 Comments

Risk cannot be conquered: Has Wall Street forgotten Machiavelli’s lessons?

Posted on March 6, 2012 by lawrence serewicz

In chapter 25 of Machiavelli’s Prince, we see the problem of fortune and the challenge it presents to a prince.  In this instance, we are using fortune to refer to risk.  The two are not exactly the same so one … Continue reading →

Posted in change managment, coruption, culture, management, renewal | Tagged , , , , , , , , | 3 Comments