Thursday, December 31, 2009
Saturday, December 26, 2009
Thursday, December 24, 2009
Wednesday, December 23, 2009
Wednesday, December 16, 2009
The article talks about the growing importance of trading and in my opinion, yes it is true, and has been for some time. It is debatable whether it is a good or bad thing. With respect to the question of being long term verus short term greedy, I personally think greedy is just not a good thing period. Greed is out GOOD is in, and Wall Street needs to embrace this big shift. As I said on CNN monday morning speaking to the changes that need to and should happen in financial services, we need firms like Goldman to ever increasingly use their knowledge, their insights, their resources, and some of their profits to help build a strong domestic and global economy. The price they should pay for growing to be so big to be big too fail, is a certain amount of responsibility for the overall economic and financial system. This is a new world where the strong need to help the weak and much will be asked and expected of the strong. Many have tried to put numbers around how much GS benefited from government programs, and that number is impossible to come up with, but clearly the public thinks it is bigger then Goldman does and wants a good chunk of it back. If I were running the firm, given how well GS is doing and the tremendous needs out there particularly around job creation, I would be pulling out all the stops to continue to come up with some good, fundable and impactful ideas. I wrote about a Virtue Fund a few weeks ago, and I still really like the concept!
Tuesday, December 15, 2009
Last year around this time I wrote a couple of my favorite entries of the over 300 I have now posted on this blog. If you have time, and you will need some time, please take a look. ( here, here and here) Now these are not the polished opeds you will find listed to the right, but some rants about what I felt was wrong in the world. It was in naming what was wrong, that the system FAILED, that enabled me to truly begin to focus on the solution set. It has been an incredible year. A year of such deep learning and understanding and I feel so grateful to everyone who has and continues to inform my thinking and help me on this crazy journey.
So this is what I am going to do tonight… weave together some words, some themes, from the writings of last year to the events of past two days. Each word, each phrase could be it's own blog entry but since I can't do that this word cloud of sorts will just have to do.
But first. We are at a tipping point. I know it. Last year it was more about seeing the problems then imagining the possible solutions. I knew in my heart that the problems we were facing (financial crisis, economic problems, poverty, violence...) were deeply connected to the absence of women in positions of power, the absence of power in the hands of women, and the underutilization of women’s economic power, but I could not really articulate it, let alone prove it. Now I feel I can do both. The data is out there in a variety of research reports ( old and new ) that I will soon list on my new web-site! (the list is LONG) But there is more to it. What was needed was a logic model that connects the facts, the data, to an investment thesis about why women and why now. ( The Business Case ) Further we needed a framework to capture the wicked problem of gender inequality, and we now have it thanks to the brilliant thinking of Chris Grumm of the Women's Funding Network - The Human Security Framework. Finally I have been imagining how to bridge the gap between the needs and opportunities of the for profit sector, with the non-profit sector. Although that is a very tall older I have ideas on where to begin, envisioning partnerships that make such good sense. These are all pieces of the puzzle that are finding their way in to place. It has taken years, but I am finally seeing it! I said it last year and I am saying it now…. Invest in women. INVEST in women. INVEST IN WOMEN!
Before. FAILED. Financial Crisis. Bad Business Models. Private Equity. Leverage. Risk. Lack of Women. Leadership. Are You Ready for a Revolution. Brokenness. Hope? Invest in Women. Critical Mass and more..
Monday. CNN. Pres. Obama. Fat Cats. Wall Street. Unemployment. Job Creation. Lend. Partnerships. Consulting. The Business Case for Women. The Global Forum for Women and the Economy. Next year? Female Davos. Center for Work Life Policy. Board Meeting. Corporate Engagement. Gen X. Lack of Progress. Economist Magazine. Mathew Bishop. Philanthrocapitalism. Women Moving Millions. Women’s Funding Network. Partnerships. Shared power. The Democratization of Philanthropy. Grassroots leadership. Scaling up not Trickle Down. Tuesday. Gary Haugan. The International Justice Mission. Human Slavery. Rescue. Persecute. Aftercare. Structural transformation. On the ground expertise. Human Security Framework. UBS. Breast Cancer Research Foundation. Women of Wealth. Social Change Philanthropy. Business Week. Why women? Why now? Management as a Social Innovation. Female Entrepreneurship. Lack of Capital. Barriers to entry. The Economic Power of Women. TARP. Job creation. Partnerships. Change the Paradigm. Subway. 73rd street. Party. Learnvest. Start-up. Financial Literacy. Feminism. The Feminine Mistake. Gloria Steinem. Destiny. Wonder Woman.
Sunday, December 13, 2009
Friday, December 11, 2009
Thursday, December 10, 2009
Wednesday, December 9, 2009
Saturday, December 5, 2009
Tuesday, December 1, 2009
"Long time Outside of the Box readers are familiar with John Hussman of the eponymous Hussman Funds. And once again he is my selection for this week's OTB.
This week he touches on several topics, all of which I find interesting. As he notes:
"We face two possible states of the world. One is a world in which our economic problems are largely solved, profits are on the mend, and things will soon be back to normal, except for a lot of unemployed people whose fate is, let's face it, of no concern to Wall Street. The other is a world that has enjoyed a brief intermission prior to a terrific second act in which an even larger share of credit losses will be taken, and in which the range of policy choices will be more restricted because we've already issued more government liabilities than a banana republic, and will steeply debase our currency if we do it again. It is not at all clear that the recent data have removed any uncertainty as to which world we are in. "