It is a sad commentary that our former FedHead now believes that blind deregulation leads to market upheaval. Sad in that he (and his Congressional fellow-believers) did not think about it years ago. Even sadder that a large part of why the free market, “self-regulation” and such ideas present in the Paulson plan first version [...]
Wednesday, October 22, 2008
In the summer of 2007, two of my friends who are business owners saw early signs of economic trouble in their revenues and began contingency planning. In September of 2007, they began to put these plans into action and completing all phases by year end. These included but were not limited to layoffs at all [...]
Tuesday, October 21, 2008
Wall Street Weebles For the past two years, there has been a great deal of volatility in the stock market. That means to me there have been days when the market rose by 180 points and days when it fell by 180 points. And neither the rises nor the falls were the trend. They were [...]
Friday, October 17, 2008
I hope you find value in an update on what my friends and clients who are CEOs and business owners are doing at this stage of the financial crisis and worsening economy. First, some context: in August of 2007, our CEO group saw the first signs of the approaching storm, especially our members whose business [...]
Countless more ordinary people of equal talent never developed the leadership core required to run the show. Why not?
Friday, October 24, 2008
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