Legislation, not just investor pressure, will be needed to make companies build up buffers against shocks—in response to the April 24, 2020 Financial Times editorial, “Companies should shift from ‘just in time’ to ‘just in case.’ Pandemic has shown that businesses neglected vital safety margins.” Dear FT editor, Thank you for your excellent …
Read More »Archive for the ‘Regulating Wall Street’ Category
Addressing Harvard Alumni in the Bay Area
HBS CAREER COACHES HIT THE ROAD TO SERVE ALUMNI Northern California Alumni Consider the High Cost of Complexity, HBS AA Article by Margie Kelley (June 2019): Though the United States currently spends approximately $3.5 trillion a year on health care—the equivalent of the entire GDP of the world’s fourth-largest economy—our life expectancy has decreased for the …
Read More »The ten-year anniversary of the 2008 financial crisis
A primer on Dodd-Frank, through a simple Q&A Why was Dodd Frank passed? The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed by Congress, and signed by president Obama on July 21st, 2010, to stabilize our banking and financial system, and prevent a repeat of the disastrous 2008 financial crisis, which …
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