26% of Global GDP: Part 2

by | September 16, 2011 | Articles, Finance, Globalization

Some conceptual confusion seems to be surrounding the crisis in the Eurozone, over whether it’s a banking crisis or a sovereign debt crisis. Answer B. Why isn’t it a banking crisis, as the pressures on Societe General, Banco Santander, BNP Paribas,...

26% of Global GDP: Now What?

by | September 14, 2011 | Articles, Finance, Globalization

What is going on in the Eurozone? The always sane Martin Wolf writes in the FT:  “Perhaps future historians will consider Maastricht a decisive step towards the emergence of a stable, European-wide power. Yet there is another, darker possibility … The...

Lessons From Google

by | September 9, 2011 | Articles, Finance, Practice Group Management, Strategy

It’s quite the fashion to want to learn from what Google does, but because so much of what it does is thoroughly sui generis, true opportunities to adopt some of their management wisdom are fewer and farther between than many breathless business correspondents...

A “Double Dip” Recession?

by | August 31, 2011 | Articles, Finance, Globalization

Liz Kurtz, a reporter for BigLaw, asked me earlier this week: The stock market has been quite volatile lately, and intimations of a “double dip recession” seem always to be lurking, in the reports of a persistently weak economy and in dire predictions of...
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