Business schools and Wall Street banks preach a strict, anti-social doctrine of corporate management that comes down to this: CEO’s must be idiots. By that I mean the original Greek word “idiotes,” which applied to people who care only about themselves and the prosperity of their immediate family, rejecting any responsibility to the larger society, […]
J.P. Morgan
Posted inOpinion
A whining Wall Street banker pleads for pity
J.P. Morgan was recently socked in the wallet by financial regulators who levied yet another multi-billion dollar fine against the Wall Street baron for massive illegalities. Well, not a fine against John Pierpont Morgan, the man. This 19th-century robber baron was born to a great banking fortune and, by hook and crook, leveraged it to […]
Posted inOpinion
J.P. Morgan – The man and the bank
J.P. Morgan was recently socked in the wallet by financial regulators, who levied a fine of nearly a billion bucks against the Wall Street baron for massive illegalities. Well, not a fine against John Pierpont Morgan, the man. This 19th century robber baron was born to a great banking fortune and, by hook and crook, […]
