by Bruce | September 8, 2021 | Articles, Finance, Globalization, Just Plain Interesting, Leadership, Strategy
A few weeks ago, the investigation Credit Suisse commissioned Paul Weiss to undertake into how the bank’s relationship with Archegos Capital Management went so wrong–inflicting $5.5 billion of losses on Credit Suisse and a total of $10-billion in losses...
by Bruce | August 8, 2021 | About the Site, Articles, Book Reviews, Just Plain Interesting
This column is becoming something of a tradition, and traditions must be maintained. On my desk, and thereabouts, these days: Doom: The Politics of Catastrophe, Niall Ferguson Why bureaucratic and complex systems, which seem to promise reliability and predictability,...
by Bruce | January 21, 2021 | Articles, Ineffable, Just Plain Interesting
By Amanda Gorman, Poet Laureate of the United States: Delivered 20 January 2021 When day comes, we ask ourselves where can we find light in this never-ending shade? The loss we carry, a sea we must wade. We’ve braved the belly of the beast. We’ve learned that quiet...
by Bruce | September 1, 2020 | About the Site, Book Reviews, Just Plain Interesting
Some of the books that have crossed my desk, and end-table, over the past few months. This year of Coronatide, I define “summer” loosely, as I suspect many of you do. Sometimes it all feels like March has been extended for an indefinite run. (September 1 would be...
by Bruce | March 16, 2020 | Articles, Ineffable, Just Plain Interesting, Leadership
At times, and now is emphatically one, when America is challenged we seem to take forever to get up off our haunches and begin the process of trying to wrest back control of the chaos and turn back the threat. Our response is spastic, uncoordinated, at cross...
by Bruce | January 30, 2019 | Articles, Cultural Considerations, Finance, Ineffable, Just Plain Interesting, Leadership, Strategy
My title for today steals literally from Ronald Coase’s legendary 1937 paper of the same name, which gained Coase the Nobel in Economics in 1991. The paper, barely over a dozen pages long, asks the question, childlike in its simplicity, “why do firms...
