I am a fan of Barack Obama. But several of his leadership choices are worrisome. They are negative “Signal Acts,” — deeds that resonate far deeper than words. In case you hadn’t noticed, the Bush governance was replete with agencies that failed their fiduciary obligations (securities trading, regulating food safety, consumer safety, oil regulation, environment […]
Got any idea of how we got into the financial crisis we are in? Understand that extreme leverage (too much debt compared with equity to back it up) is a key contributor to the economic disaster? Remember how much “insurance” was written by AIG without capital reserves? Then you will be pleased that the association […]
This line was spoken by the character, Cal Lightman, in the new tv show, Lie to Me on Fox TV last evening. It reflects a too-widely held belief that the vast majority of CEOs are liars and cheats. The show is a drama based on real science of deception detection via involuntary microexpressions on our […]
We took a hiatus from the blogosphere, but we are back. There is simply too much that demands comment and too much to share from our frequent conversations with business owners and CEOs. It is still not clear to my community that the stimulus package will stimulate any time soon. After our monthly group meeting […]
Sunday, February 1, 2009
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