Ten years ago, the world’s oldest and one of the top-five investment banks, with assets in excess of $600bn, filed for bankruptcy and closed its doors forever. As the former employees of Lehman Brothers stumbled out onto Wall Street, Canary Wharf, Marunouchi and the Champs Elysees, cardboard boxes in hand, so the first of the financial dominoes toppled and the financial world went into collective anaphylactic shock. The rest, as they say, is history but the question now is when exactly is history going to repeat itself?
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As someone who has had his fingers burnt on many occasions and currently finds them on-fire in the crypto space, I came across several ancient axioms t’other day that thought I’d share them with you. You can be the judge of how much they’ve stood the test of time and if they still hold water.
I had the pleasure this last weekend of attending a family wedding and I have to say a delightful time was enjoyed by all, none more so than the by the bride & groom themselves. As the latter was a cousin of mine, it’s fair to say that, although very dapper, he’s certainly in the full flush of life as opposed to the first bloom of youth! Now, having never travelled down the aisle it may come as a surprise that I remain both a fan of the institution and an eternal optimist for all those that commit to do so. Sadly, with more marriages failing than succeeding, everyone’s best-intentions can often appear misplaced.
Who out there can remember the comedy gold of the then recently-appointed, Welsh Secretary of State, John Redwood, and his miming of their national anthem? It truly represents how low the bar can be set in political appointments and I strongly urge you to go find thirty seconds of the watch-through-the-fingers-cringing-coverage as it’ll brighten your day no end.
So, the CV looked good and succeeded in getting your foot in the door. You sailed through the first interview and sounded almost half-credible in the second. The offer was made and job done, literally and metaphorically. Now what? Well, according to author, David Graeber, in ‘Bullsh*t Jobs’ up to half the population believe their jobs have little or no meaning and that “it wouldn’t matter if they didn’t do them”.
Having misspent my whole life in recruitment, I’m forever being asked to cast a critical eye over pals’ CVs or run through the tough-interview-practice questions with them, and in all honesty, long may it continue as I love it! Mind, it does appear that every so often, someone somewhere announces that they’ve reinvented the recruiting process and can ensure a far more successful outcome than I was ever able to.
Last month’s decision by the New Zealand government to ban non-resident foreigners from being able to buy homes and tracts of ‘self-sustainable’ land has brought the subject of ‘prepping’ back into media consciousness. Although representing only 3% of all property transactions, many of the Kiwi country’s higher value purchases are being undertaken by West Coast tech tycoons, East Coast flash financiers and shady Bitcoin billionaires.
Back in my motorcycling heyday one of my gixer-riding pals had his Arai skid-lid professionally sprayed with scenes and characters from one of Pixar’s early successes, A Bug’s Life, and mighty fine it looked too. The joke was that after we all returned from our Sunday morning countryside heroics our helmet visors were completely decorated with the remains of all manner of insect, hence, it’s a bug’s life.
Article I of the US Constitution provides the power to formally investigate the president over allegations of “treason, bribery, or other high crimes and misdemeanours.” This ‘impeachment’ can set into motion the process by which two-thirds of senators are able to vote, convict, and hence remove, the individual from office. The obvious trigger for Trump’s possible impeachment depends upon what exactly constitutes “high crimes and misdemeanours”?
Every single day during his presidency, Barack Obama read ten letters. He committed to this on his first day of office, becoming the first president to undertake such a rigorous, continuous, on-going daily conversation with the people of the US. Late each afternoon, the ten ‘representative’ letters, drawn from the often 10,000 pieces of correspondence the White House received from all manner of American citizens, would be taken away by Obama and personally read, and answered, that very evening.