For at least the past eight years, the public trust has been broken by every type of institution. Economic recovery depends not only on economic fundamentals but a change in leadership and leadership values in Washington and elsewhere. Last Valentine’s Day, February 14, my post using Wachovia’s marketing tag line was a warning: “Are You […]
Tuesday, October 7, 2008
Comments Off on Act In Your Own Interest
If you are a regular visitor to this site, then you know that you can count on the posts and archives for free tools you can use in your daily life, insights into leaders and inside stories about leadership behavior. I am about to invest in a complete overhaul of the site to make it […]
Monday, October 6, 2008
Comments Off on His Name is Mudd and Should Be (Fannie Mae ex-CEO Still Doesn’t Get It)
“Almost no one expected what was coming. It’s not fair to blame us for not predicting the unthinkable.” – Daniel H. Mudd. former CEO of Fannie Mae. How about blaming you for irresponsibility of failing your key job requirements like protecting the viability of the enterprise against a wipe-out, ensuring risk-taking is not bet-the-ranch and doing […]
Wednesday, September 24, 2008
Comments Off on Taxpayer as Garbage Collector
Unless Congress acquires testicular fortitude in the next few days, the taxpayer will become garbage collector and pay the “tipping fees” for our neighbors. The current wording of the bailout has the government buying ALL distressed assets (not just securitized mortgage bundles), from ALL financial institutions (hedge funds and other wild west entities) with little […]
Countless more ordinary people of equal talent never developed the leadership core required to run the show. Why not?
Tuesday, October 7, 2008
Comments Off on The Public Dis(Trust)