Saturday, April 17, 2010

A sampling of videos about Goldman Sachs and the Economic Crisis

Goldman Sach, News from October 2008:


July 9, 2009
In-Depth Look - Stealing Secrets from Goldman Sachs - Bloomberg


Febuary 11, 2010
Is Goldman responsible for Greek crisis?



February 12, 2010
How Goldman Sachs Makes Money  "God's Work?"


April 17, 2010
Goldman Sachs Accused of Defrauding Investors

Thursday, December 31, 2009

Sad Guys on Trading Floors: Full of pictures of sad & funny pictures of Wall Street traders

I'm not really keeping up with this blog, but I thought I'd share these recent economic sights:

You'll have to visit the Sad Guys On Trading Floors website and read the captions to truly appreciate the pictures.

See guys, Adam Smith had it all wrong. It’s the visible hand of the market.Trader Cat will devour your soul.[Insert “Bear Market” joke here]

Friday, November 27, 2009

Dubai Crisis

Friday, October 16, 2009

A Problem of Leadership: Insider Trading Scandal- Raj Rajaratnam, Robert Moffat, Rajiv Goel, Anil Kumar, McKinsey & Company, IBM, Intel Corp...Who can we trust?

SCANDAL HITS CORPORTATE ROLE MODELS IBM, MCKINSEY
-Ritsuko Ando, 10/16/09,  Reuters

I haven't kept up with this blog, but I felt I needed to post about the recent scandal regarding the Galleon Hedge Fund manager, billionaire Raj Rajaratnam, IBM's Robert Moffat, and others.

It is a question of ethics, and a question of leadership.  These guys might not be sports stars, but as business leaders, their actions have paved the way for thousands of B-School graduates to follow.  In good financial times, I suppose that much of this went un-noticed. 

It is happening in government, politics, and business, and it must be halted.

I came across and article that sheds light on this problem, written by psychologists Charles Shinaver, Ph.D.  It was written last year.  Many of Shinaver's comments still hold true.

The Paradoxical Long Term Solution to Solving the Destruction of the United States Economy:  Servant Leadership (12/1/08)