Joseph Stiglitz is one of the few economists who identified the bubble and predicted the bubble would burst. So we went to hear him interviewed last night (note: the appearance was, in part, to promote his new book – “FREEFALL”). By way of background, we were interviewed on Market Watch at the time Stan O’Neal […]
Wednesday, December 2, 2009
Leadership in Difficult Times: A New View of ROI This is the text from which an interview was conducted today on Jim Blasingame’s treasure of a radio show: Small Business Advocate. It will be posted soon on this website and on Forbes.com. We are experiencing a selective recovery. Those who successfully battened down the hatches […]
Wednesday, August 5, 2009
Comments Off on Nightmare Come True on Wall Street
On January 31, 2008 I wrote about the sub-prime mess predicting the formation of the IPA, the investor protection agency (IPA sounded more interesting than CPA, though I believed consumer protection would be in its charter). I feared that a significant number of powerful CEOs intolerant of their own risk-management professionals would bring regulation upon […]
Thursday, July 23, 2009
Comments Off on Is “flat” the new “up?” It’s better than that, but…
Our NYC group of CEOs acted on leading indicators in mid-2007 and prepared for the recession. Brainstorming each month, they progressed through low hanging fruit to really difficult choices to the previously unthinkable survival measures. The chant a year ago was “survival is victory.” That is why the discussion yesterday was so startling to this […]
Countless more ordinary people of equal talent never developed the leadership core required to run the show. Why not?
Wednesday, March 31, 2010
Comments Off on FreeFall: Our Flawed Response to the Financial Crisis