Tag Archives: Hedge fund

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

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

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

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