Finance Topic

Today, I read an article “5 Tips to Becoming Phenomenally Successful” in Careerealism. Sigh…I shouldn’t read these things because they can be rather discouraging. The first tip is to achieve excellence by being the top 1 to 3%. I’m assuming he means in the world, so I did some math estimation to see what that…

I read today about the $4 billion accounting mistake made by Bank of America. That’s huge. Unfortunately, I’m not too surprised about the mistake – maybe at the size and how long it has been going on – but not the fact a mistake has been made. The article also mentioned that folks were questioning about…

(I know the picture is not a good picture but squint your eyes and pretend it’s him.) An article last week in Business Insider provided some quotes from Jamie Dimon’s letter to shareholders which basically told whining executives to deal with uncertainty. It was interesting to read about a financial executive saying business is always and…

There has been a spate of articles depicting bad images of financial professionals. To keep this post short, I will just talk about one, which I read a couple weeks ago. The link to the article I’m referencing is: http://www.thestreet.com/story/12522280/1/5-reasons-executives-arent-good-people.html The article is titled “5 Reasons Executives Aren’t Good People”, written on 3/12/2014 by Jason Notte in The…

  “Financial services firms such as Lehman Brothers, Bear Stearns, Morgan Stanley, and JPMorgan Chase have contracted out number crunching and financial analysis to Indian MBAs…And throughout India, you’ll find chartered accountants who prepare American tax returns….” p38, A Whole New Mind, hardcover, Daniel Pink. “In 2003, some 25,000 U.S. tax returns were done in…