Financial crisis

The current economic crisis has been blamed on the greed of Wall Street, on bankers’ excessive leveraging of assets, on irresponsible banks and mortgage brokers who fabricated applications for no downpayment home loans knowing that the risks could be readily laid off on unsuspecting third parties. But underpinning the collapse of the housing bubble is […]

Human judgment still matters deeply.

A global shortage is impacting companies across every industry.

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Seeding ideas and giving feedback both result in better outcomes.

For decades, the basic idea that governed economic thinking was that markets work: The right price will always find a buyer and a seller, and millions...

Their collapse could further destabilize the global supply chain.

The capital asset pricing model (CAPM) is a theoretical representation of the way financial markets behave. It can be used to estimate a company's cost...

"This is no time for a novice," declared Prime Minister Gordon Brown at his party conference two weeks ago. What the British people wanted, he said, was...

Really? This is the online face of the of the Financial Crisis Inquiry Commission? The commission that’s tasked with restoring the public’s trust in our banking sector by bringing to light the misdeeds and malfeasance that caused the Great Recession? The Commission whose leader, Phil Angelides, as The New York Times‘ Frank Rich points out, […]

Companies are scrambling for cash in the face of the pandemic.

How biases trap qualified job seekers in a cycle of rejection — and how to help them break free.

What happens when there is a mass loss of confidence in the financial system? This very contemporary question was put in unexpected historical context for me this Christmas by a book I was given, A History of the World in 100 Objects by Neil MacGregor, Director of the British Museum. It is based on one […]

However, new technological threats mean it should.

It helps your customers, which helps your brand.

Over the past few weeks, I grew sick of listening to "big picture" stories on the financial crisis that only covered the last 5 to 10 years. That's not...

In case you were starting to feel good about the outcome of the financial reform debates, here’s a bold prediction: The reform bills making their way through Congress will not prevent another crisis. Who knows whether it will be next year, the year after, or five years from now? But it will happen eventually, for […]

The best leaders make it feel uncomfortable to not take risks.

In 2008, adult conversations shifted. After nearly a decade of headlines on terrorism and the resultant wars, suddenly signs of financial trouble demanded...

Is a recession inevitable?