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Tuesday, September 22nd, 2009
Was it really the amount of risk taken in the past few years that triggered the financial crisis, or might it be the type of risks taken that are the real culprits? Perhaps, a simple case of too many eggs in one basket for too long? Yes, banks kept piling on debt securities from residential…read more
Tuesday, September 15th, 2009
I am a huge animal lover with horses and dogs at the top of my list. I grew up riding horses and my family currently includes a 9-year-old Golden Retriever and a 10-month-old, 85-pound Alaskan Malamute. As you can imagine, The Horse Whisperer is one of my favorite movies. Horses AND Robert Redford . ….read more
Wednesday, September 9th, 2009
What story? That’s the problem . . . commercial real estate development in the past several decades has lacked a story. A few have gotten it right, but many have not. Most of it is boring, boring, boring and it is all starting to look the same. When the commercial real estate market comes back,…read more
Monday, August 31st, 2009
I found a article from Time Magazine, dated July 25, 1969 titled, ESSAY: ON COURAGE IN THE LUNAR AGE. The opening paragraph says: “ “COURAGE leads starward; fear toward death”, wrote Seneca. Man needs courage simply to live in spite of knowing that he must die. He needs it to live richly – to take…read more
Monday, August 24th, 2009
I was the COO of an international corporate finance company when the mayhem in the financial world let loose in the fall of 2008. It didn’t matter how long you had done business with a counterparty, or how much money they had made from you in the past. This was war; relationships became meaningless, and…read more
Monday, August 17th, 2009
Business can learn a lot from the design world. First and foremost, if business leaders simply started their day like a designer and asked, “What do I want to create today”, we might be a little further down the path of adapting businesses to be more in line with society today as opposed to society…read more
Tuesday, August 11th, 2009
There is a great article by S. Mitra Kalita in today’s WSJ titled Outsourcing is Out, which discusses new “ . . . borderless partnerships to facilitate innovation and efficiency”, as the next wave of evolution in global outsourcing. In other words, though stronger connectivity the business world will find a way to move forward…read more