If Wall Street heads don't roll for causing this market crisis, the Mad Money host says, we could see a dozen more Bernie Madoffs.
No one wins a game by playing defense. However, good defense gives offense the chance to do its job. Defense, therefore, provides the foundation for success.
Monday was the last day of Iris Chau’s 11-year career at JPMorgan Chase and she says there’s a lot she’ll miss about the job, including her colleagues, her paycheck and her role managing a technical support team. But one thing she won’t miss about JPMorgan: telling people that she works there.
JPMorgan Chase Chairman and Chief Executive Jamie Dimon thinks outrage over bonuses being paid to executives of firms involved in the financial crisis and now receiving federal assistance is not entirely justified. In his keynote speech to the Future Of New York conference sponsored by Crain's New York, Dimon took issue with President Obama's characterization of bonuses and the way they have been paid out.
Does this ever happen to you at work - you’ve got critical info, but no one is listening?
There aren't a whole lot of places where an intelligent person can work hard, as in sixteen-hours-a-day for six or seven days a week hard, and make a boatload of money. Wall Street is one of those places, and we should keep it that way.
Last week in this space I blogged about compensation and a possible “class war” in the offing. Sadly, within days my prediction came true.
A lot of people who are not on Wall Street have a misunderstanding about the concept of “bonuses,” Tiger Management’s chairman Julian Robertson told CNBC.
The fury over the fact that Wall Street paid out $18.4 billion in bonuses in 2008, the "sixth largest" amount in history, is about words and nothing else.
OK, so John Thain's not exactly your average, run-of-the-mill executive, but that doesn't mean there aren’t a few things we can all learn about the fine art of management from the recently deposed head of Merrill Lynch, right?
President Obama had some harsh words on Thursday for bankers who paid themselves billions of dollars in bonuses despite the sweeping government rescue of the nation’s financial industry. Senator Christopher J. Dodd of Connecticut said “every possible legal means” should be used to claw back the money.
Traders may be disappointed by today's declines, but there is no way they could be surprised. Not when you have companies like Black and Decker and Illinois Tool Works giving first quarter guidance well below expectations.
President Barack Obama says it is irresponsible and shameful for Wall Street bankers to be paid huge bonuses at a time when the American public is dealing with economic hardship.
In job searches, you see a lack of offense when people focus foremost on what’s available – what industries are hiring, what jobs are suitable to their skills.
More spending, whether it comes from individuals, businesses or the government, helps create jobs and get us out of this recession. It doesn't really matter what that spending is on as long as money circulates.
Is your company suffering from Detroititis? It pertains to companies who fail to visualize that today’s customers demand appeal and finesse in products and not just low cost and usage.
We are seeing an absolute lack of leadership from our current CEO ranks. I’d give our “C” level executives a “D-” for how they are responding to the current crisis.
Most people will agree that conducting a job search, especially in this economy, is a necessary evil. I agree that it’s necessary, but I disagree that it’s evil.
You know what's worse than finding out that Citigroup is buying a $50 million top-of-the-line corporate jet? Finding out that Citi actually owns a whole subsidiary called CitiFlight that manages its fleet of corporate jets.
President Obama has wasted no time since taking the oath less than one week ago. The President has gathered congressional leaders to lobby for an aggressive economic stimulus package and he’s selling an ambitious agenda of economic overhaul straight to the American people.