Maybe a different question should be posed: If you are a good business woman, will you be liked? Yes, because you are a listener who is trustworthy and have a broad vision. Likeability an Issue
Stricter Rules for Big Banks in US?
Basel III drew up guidelines to make depositing in banks less risky. The US is doubling some of the Basel percentages. Is this the answer to big banks focus on a twenty-five percent profit on the money they hold? US Plans Stricter Rules for Banks
What Do Bernanke and Draghi Have in Common
Bernanke and Draghi both studied at MIT with Stanley Fischer who has just reigned his position at the Bank of Israel. Fischer says both his students will be studied in future years. They have not delivered a promised recovery. Bernanke and Draghi Lesson Learned
Women Take the Brunt of Austerity in Britain
In cutting jobs in the public sector, many more women have lost jobs than men. Unemployment figures traditionally have reflected women’s strength in the job market, but the tide has turned in Great Britain. Women Taking the Brunt of Austerity in Britain
Obama May Be Behind the Times in Africa, but his State Department Isn’t
Obama is critisized for a slow approach to Africa, but the State Department has been backing African women’s enterprises for years. ENCOURAGING ENTREPRENEURS IN AFRICA
Ngaire Moyes, Director of Communications at LinkIn, Communicates
If Buffett can talk about failure, it may be a safe topic. LinkedIn’s Ngaire Moyes Talks about Failure
Using Tariffs to Change Manufacturing Policies
President Obama, in a letter to Congress this week, proposes to suspend Bangladesh’s trade privileges with the US until factory conditions are improved. The Gap and Walmart get to work right away to change the conditions. Will this club work? Obama Suspends Trade Privileges
Irish Bankers Giggle Because They Got Their Way
Tapes from executives of the Irish Anglo Bank show just how much control and contempt bankers have for the system. The bank’s former director of capital markets, John Bowe, that he picked the initial bailout sum of €7bn “out of my arse”. In one excrutiating exchange on the tapes, an executive giggles as a colleague recites “Deutschland über Alles” to mark the fact that an Irish guarantee of bank deposits had lured German savings to Dublin.
The tapes “show the contempt and the arrogance and the insolence of senior personnel working in that bank towards everybody, towards government, towards citizens, the impact on every company, every community, every family in our country. They shine a bright light on the vulgarity of what went on there.” Merkel Criticizes Bankers
Risk or No Risk Policies in US and the World
The twin shocks of prospective tightening by the Fed and a hard landing in China appear to be suppressing the “risk-on” environment, which normally involves a mix often called the quartet — long the riskier equities and commodities, and short Treasuries and the dollar. This year, however, commodities have declined, the dollar has been robust and Treasuries initially rose then dropped in early May, about three weeks before stocks nosedived.
Risk On Risk Off
Turkey: Government and Economy Enmeshed?
The protests roiling Istanbul, which started in May and have already begun to dwindle, were never an Arab-style spring. The Turkish government, however, now risks turning them into a very real political and economic winter. Bloomberg reports.
Erdogan’s Paranoia and Turkey’s Economy








