In this excerpt from his new book "Power: Why Some People Have It--And Others Don't," author Jeffrey Pfeffer tells about one man's indulgences in the perks of power, and the devastating withdrawl when it was taken away.READ»
Who is the Apple for America's 60 million un- and underbanked? The obvious contenders are banks, alternative financial services (AFS), and nonprofits. Each has a couple Dells, an HP and perhaps even a Google. But no Apple. Could an iBank do what iTunes, iPhone and iPod have already done?READ»
Using the EFQM Excellence Model to focus on customers and how we can create value by better meeting their needs, while identifying what we need to do to develop our people and maximize their potential -- all while archiving such sustainable excellence.READ»
It's not easy to quantify sustainability, but it's pretty safe to say that TD Bank is now one of the greenest banks in the U.S. The company recently announced that it is the largest U.S.-based bank to achieve carbon neutrality. That ...READ»
Mergers and acquisitions often dominate headlines: “Apple Acquires Quattro Wireless for $250 M” or “Bank of America Acquires Merrill Lynch for $50B.” Acquisitions consolidate financial and physical resources within a...READ»
You can build a business step by step, from the ground up. You can build one through acquisitions. Or you can just poach your competitors' best talent.READ»
Jose D. Roncalwww.financialspeculation.comNationalization. The word makes one shudder! It might even drudge up old images of the hammer and sickle or Mao's men marching in khaki uniforms! We've already mentioned the ...READ»
"With the continued news and noise around AIG, Washington Mutual, Lehman Bros. and Merrill Lynch, it all seems like it's going up to a crescendo in terms of the doom and gloom and bad news."READ»
16 January 2009
Jose D. Roncal
www.financialspeculation.com
I remember the good old days when banks used to lend money to “we the people.” Now we’re being forced to lend money to them. Not so long ago, banks were eager to get ...READ»
Research shows that incentivizing CEOs with large pay and stock-option packages doesn't always have the intended effect of aligning their interests with shareholders. These six CEOs got fired because their risky moves ...READ»
Arrogance will never die of course, but hopefully the last few months have set it back a pinch.
The Wall Street Journal had a remarkable piece this past weekend on the banking boom and bust of Iceland. An entire economy - currency ...READ»
29 December 2008
Jose D. Roncal
www.financialspeculation.com
It wasn’t just autumn leaves that started falling last September; it was the entire investment banking system. When Lehman Brothers got into deep financial trouble and ...READ»
Amid chaos in the financial sectors, the trillion dollar bailouts, and the cannibalizing of historic financial institutions around the world, there is a small stage being set. It is being meticulously prepared by the stage hands of ...READ»
The global economic meltdown has been bad news for financial services brands, straining the media of marketing communications as much as balance sheets. The fundamental question is whether branding can overcome the rational as ...READ»
The big media is talking about big dollars, big companies, and big bailout packages. Sub-prime mortgage backed securities, money market mutual fund savings, and now commercial paper have all been at the center of the conversation ...READ»
Watching these financial institutions get crushed makes for some interesting reading.
Of course, since I work in the shorts stock marketing, I
have no information or way to know if Bank of America would buy Lehman.
But, the ...READ»
I read in the news yesterday where Wachovia Bank lost $8.9 BILLION last quarter - mainly in the mortgage idiocy, apparently - and summarily laid of 6,340 people without so much as a 'by your leave'. 6,340 people is just about 50% ...READ»
