Working Life

   It’s always quite amazing that the business world demands that everyone adhere to strict, high standards–except for those people running the business world. And that brings us to today’s newest example, John Thain, who got the axe at Bank of America: His Wall Street pedigree seems impeccable. A top job at Goldman Sachs. The […]

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   There is a truly incredible chart this morning in the Financial Times headlined "The rapidly shrinking banking industry". When you look at the chart you understand: the banking sector will either implode dramatically, even further than before, or we will nationalize large chunks of the banking sector. And, unless ths Administration and Congress significantly […]

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   While I can’t claim this is fact, I would bet it’s hard to find a presidential inauguration day probably since the Great Depression–and maybe not even then–when the Dow dropped so steeply–and, in fact, as I just glanced back at The Wall Street Journal, the newspaper says that the 332-point drop yesterday was the […]

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   Up too early in DC and no time to think today.

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   Yours truly will be headed today early down to D.C.–I hear something is happening there, what it is isn’t exactly clear, there’s a man…well, you get the pic…    But, yesterday, there was this to ponder: Congress approved the $700 billion rescue plan with the idea that banks would help struggling borrowers and increase […]

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   One of the reasons to get the stimulus package through Congress very fast–without tax cuts, I might add–is this, from The Wall Street Journal: U.S. consumer prices barely rose last year by their slowest pace in over a half century, a government report showed, a stunning turn just a few months after inflation hit […]

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The traditional press has ample capacity to obsess about stupid things but very little capacity to dig deep (yes, I know, I’m stating the obvious). Today’s example: Timothy Geithner. Yes, the guy messed up and, I’m going to take his word for it, forgot to pay some social security taxes. But, the real question is: […]

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   I guess i’m partly interested in the on-going saga at the Screen Actors Guild because I consider it my industry. And, as important, what happens to the power of creators in the increasingly digital information world does mean something to organized labor. You may remember that there has been a lot of turmoil at […]

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   Ah, yes, another chapter in the saga of the great financial guru, Robert Rubin–you know, the guy who the entire political and media establishment fawned over for almost two decades as the all-knowing, all-seeing, wise man of the global financial world…until, of course, the entire financial house of cards collapsed in large part because […]

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Could RNC chair candidate Chip Saltsman be a ‘chip’ off the old block of former Georgia Senator George Allen? These two Southerners share a striking resemblance and a gift for race-based humor. But could they also share genes? Or alleles, at the very least?

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