Global Financial Crisis Root Problem Not a Failure of Regulation but Ethics
The issue of corruption and profiteering where the ends justify the means creates global instability in my view. Through our systems we encourage competition and the mindset is to close the deal. Ethics, values and sociology are not taught in business schools, so many graduate without a deep understanding of the… Continue reading
Bankers Withdrawal Around the World
An interesting blog post below. I would see it as another tipping point. That’s my tip for what it is worth!
http://www.indiandefence.com/forums/f13/why-all-bankers-resigning-15238/
Why are all the Bankers Resigning !!! ???
(1) 9/01/11 (USA NY) Bank of New York Mellon Chief Resigns in a Shake-UP
Bank of New York Mellon Chief Resigns in a… Continue reading
Chinese Reserves: A Prisoners Dilemma
Interestingly the phrase ‘the hand that rocks the cradle rules the world. What I feel when I say this is ‘nurturing’. When we care for the world as a young child, ensuring its needs are met, selflessly, will rule the world.
The challenge confronting the world is self interest and the struggle for power and… Continue reading
Global Financial Instability: We Are One
I decided to tap into the world news tonight. I am not watching t.v. much but felt I should tune in. The global financial crisis mark II is on the minds of many.
The thoughts that come to mind is corruption, greed and self interest. These are the underpinnings of the global system. These undercurrents… Continue reading