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Tag Archives: occupy-wall-street
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
Posted in culture, management
Tagged Business, derivatives, economy, Hedge fund, Jamie Dimon, JPMorgan, JPMorgan Chase, Lehman Brothers, occupy-wall-street, Wall Street
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Thoughts on Managing America’s renewal: educating ourselves to live within our means.
The financial crisis has shown that the economic growth over the past 20 years in the United States has been based largely, but not exclusively, on personal and corporate debt. The debt dependency has weakened the fundamental financial systems within the … Continue reading
Posted in culture, innovation, leadership, management, path dependency, renewal
Tagged Americans, Average Joe, Business, Credit, Federal Reserve System, Financial Services, Goldman Sachs, occupy-wall-street, politics, UBS, United States, Wall Street
Comments Off on Thoughts on Managing America’s renewal: educating ourselves to live within our means.