This site under reconstruction.
This weekend I came upon some web pages that discussed the future of CFO (or more broadly, finance). These pages are part of Ernst & Young website and contains 4 PDFs that one can download. My broad takeaway from the PDFs is that the path to CFO or the upper financial levels are basically gone….
There was a surprising development in the past week or so that I still remain skeptical. I’m adopting a stance of I’ll believe it when I see it happens. But first, before broaching that surprising development, I want to point to an article on capitalism I read back in December. This article describes the problems…
Time to talk about the tax cut. While the tax cut remains deeply unpopular, there appears to be about 35% ,or thereabouts, who still supports the cut. That 35% number also seems to be the ballpark number of the die-hard Trump supporters: they will support him no matter what. They supported him despite his racial…
For quite some time I have had a suspicion that it was the wealthy that owned most of the stock since they derived most of their wealth (income?) from stocks. And every once in a while I would see something that would sort of depict who owned stocks: wealthy individual owners, hedge funds, mutual funds,…
A couple of weeks ago I came across an article that shocked and dismayed me: something to the effect that the majority of the millennials would prefer communism. I wished I had kept the link to that article because now I can’t find it. First off, I complain a lot here about capitalism due to…
This is fascinating…even CEOs such as Aetna’s chief are realizing that the current brand of capitalism is damaging. “But Mark Bertolini, the CEO of Aetna, recently offered another, starker rationale for creating more well-paid jobs: The survival of capitalism depends on it. “If we don’t reinvent the capitalist model,” Bertolini told the Committee for Economic…