Monthly Archives: May 2012

“A tempest in a teapot.”

Chase CEO Jamie Dimon, just about a month ago, when asked about Chase’s London trading desk where there was wild and large hedging going on, aka “The London Whale.” Mr. Dimon announced yesterday that one employee at the London desk, … Continue reading

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“As with many great American institutions, i.e., General Motors, American Airlines, and many others who have utilized the strategic business tool called bankruptcy, Gary Busey’s filing is the final chapter in a process that began a few years ago of jettisoning the litter of past unfortunate choices, associations, events and circumstances that visited themselves upon this great American icon, to enable the start of a new and clear path to peace, happiness and success with his career and his wonderful new soulmate, Steffanie, and their son, Luke.”

From Gary Busey’s agent, an explanation of why someone who made millions need debt relief. The explanation may be the longest sentence ever, but it all boils down to one rationalization: Everybody does it, even GM. Who knew that bankruptcy … Continue reading

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To Terminate or Not To Terminate Yahoo’s CEO for Missing Credentials: More Rationalizations Gone Wild

Yahoo CEO, for now, Scott Thompson, earned a degree in accounting and computer science from Stonehill College in 1979. Slight problem; Stonehill College did not offer a degree in computer science until 1983. This guy was REALLY ahead of his … Continue reading

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