 The Wild Wild World of Wealth |  |
For Bankers, Saying ‘Sorry’ Has Its Perils As a kid and Air Force brat, I didn’t like Catch-22 much. The novel, while laugh-out-loud funny, speared the military and hit too close to home. As a blogger and novelist, however, I admire Joseph Heller’s writing techniques. Especially his use of repetition. In Catch-22, different characters keep [...]
Obama Weighs Tax on Banks to Cut Deficit Wall Street’s public relations are a train wreck. I have no prior experience in corporate communications. But here’s my action plan to clean up the mess: CEOs, fire your PR people. They suck. Shut up, Lloyd, about doing “God’s work.” Nobody buys it, not even the religious [...]
New York’s Resolutions This morning, The New York Times reported New Year’s resolutions from a few prominent New Yorkers. Here’s what Eliot Spitzer had to say: I would love to see investment bankers actually do God’s work. Do we have any idea what qualifies as “God’s work?” Especially on Wall Street where everybody tries to destroy [...]
I just saw Lake Superior State University’s (“LSSU”) 35th annual list of words or expressions that should be banned. The committee attacks slang sweeping through our culture like “tweeting,” “sexting,” or the ever popular “chillaxin,” which is a cross between “chillin” and “relaxin.”
Let’s face it. Not everyone in finance is doing “God’s work,” the exact words chosen by Lloyd Blankfein to characterize his team’s mission at Goldman Sachs. It makes me wonder whether UBS—presumably on the same spiritual footing as Goldman—is also doing “God’s work” by settling with the IRS over a list of 52,000 clients.
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