This site under reconstruction.
Hmmm, I don’t deny that reading about the failure of Silicon Valley Bank hasn’t got me concerned. Reading that this is the second largest bank failure in US history is not a joy to read, with 2008 Lehman Brothers failure still rattling around my brain. The memory isn’t fresh, but it is exactly dim either….
A friend of mine was curious about whether ChatGPT could do budgets. By the time she asked me, I had done some minimal experimentation with ChatGPT and Excel, but I hadn’t done budgeting or forecasting. I was kind of wondering how I would even approach ChatGPT. So, we embarked on an experiment. She sent me…
Sometimes it is good to assess whether displays of leadership from CEOs or other C suite managers, not necessarily financial managers, lead to good financial results. Strategies, negotiations, treatment of employees and even how one conducts oneself could have impact on the financial bottom line. Such study is not to make fun of them but…
There has been a lot of news about the tech layoffs, especially the dehumanizing way the layoffs were conducted. Last year with the inflation eating into everyone’s budgets and pocketbooks – and some suspicions that corporations were using the inflation as a pretext to raise prices greater than the inflationary effects to generate greater profits…
I typically do not see articles on banks failing unless the failure could lead to a system wide crash like that back in 2008 or it is a big name bank whose failure is as a result of malfeasance, like FTX (technically, that’s not a bank but a crypto exchange, a considerably different entity, but…
Back around 2019, the Business Roundtable changed their statement about their idea of what the purpose of business was from profit seeking and shareholder capitalism to stakeholder capitalism (profit seeking was probably still part of the agenda). I think the Business Roundtable is a lobbying group and Jamie Dimon was (or still is) a part…