Tag

Goldman Sachs

Twitter, the 21st Century Bully Pulpit

What Would Teddy Tweet? [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] Would 26th President (“walk softly and carry a big stick”) Teddy Roosevelt have tweeted? Put it this way:  I’m pretty sure that a guy who, after being...
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NYT: “Goldman Sachs Endorses Hillary Clinton for President”

Judging Hillary By Her Friends “I ask you to judge me by the enemies I have made.” –Franklin Delano Roosevelt [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] No, you’re never going to read a headline officially announcing...
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Relating to “People From All Walks of Life”: The New Dallas Fed President’s Populist Profile (Not)

Resumé Multiple Choice, or, Did the Dallas Fed Pull a “Cheney?”** In other financial news this week (the stock market swoon was the big story), the Federal Reserve Bank of Dallas selected a new President. Here’s what the Bank said it was looking for in their new leader: “The Bank’s search committee considered a broad...
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Michael Lewis on What’s Wrong with Wall Street

. . . & By Implication, Modern America “When you see others . . . doing stuff at the expense of the broader society, your first reaction, at least early in your career, might be to call them out, but your considered reaction will be to keep mum about it. And when you see people making...
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Stealing FROM Goldman Sachs vs. Stealing FOR Goldman Sachs

“Long-Term Greedy”* . . . Minus the “Long-Term” “Our employees shouldn’t expect the firm to pay for their defense when they steal from us.” –Goldman Sachs spokesman, explaining the company’s refusal to pay the legal fees of software programmer (and former Goldman Sachs Vice President) Sergey Aleynikov; “At Goldman Sachs, Even the Legal Fees are Different”;...
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“Stocks Could Go Higher — Or, They Could Go Lower” (Thanks a Lot)

Stock Market Non-Predictions, Over-Predictions, and Other Tricks of the Trade “Predictions are hard, especially about the future.” –Yogi Berra Apparently, there are two ways to be beat a polygraph (lie detector) test:  1) be a truly “cool cucumber,” who is absolutely non-reactive to every conceivable question; or 2) wildly overreact to every question, so that...
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