It takes only a few seconds to make history new again. Leaders around the world are talking up economic stimulus, channeling U.S. President Barack Obama, who in turn is channeling Franklin Delano Roosevelt. Obama bases his confidence on an old ...
Read More »Ivy League White House mimics finance masters
If Wall Street was brought down by the Ivy League’s supposed best and the brightest — with their complete faith in risk-management models taught in business schools — then who failed to rein them in? In many cases, their own ...
Read More »Ponzi paranoia is rattling ‘Madoffed’ companies
Ever since the Big Kahuna of Ponzi schemers was arrested on Dec. 11, financial firms and publicly traded companies have been rushing to quantify just how “Madoffed” they are. Happiest among those who map out their vulnerability to Madoff in ...
Read More »Stimulus package forgets your net worth
You won’t get a check to go out and buy a large-screen television, nor will you see much immediate tax relief in the new $787 billion stimulus package signed by U.S. President Barack Obama last week. The plan, one of ...
Read More »Obama’s bipartisanship is one sappy dream
In his long and sometimes snarky campaign, John McCain took to ridiculing Barack Obama and his supporters for imputing messianic qualities to the upstart candidate, mockingly referring to the Democrat as “The One.” New evidence suggests McCain was on to ...
Read More »Obama doesn’t need Cheney’s advice on terrorism
There is a new terrorist threat, according to America’s right-wing chatter: a petite Methodist Sunday school teacher and daughter of a postal worker and Navy veteran. She’s Dawn Johnsen, who has been nominated to head the U.S. Justice Department’s Office ...
Read More »McFadden: Coping with first-year associate stress
As nearly all attorneys will attest, stress defines the life of a first-year associate. To be truthful, stress defines the life of most attorneys. Recently I was asked by a friend who is a first-year associate whether the stress of ...
Read More »Callanan: With client insider status, lawyer not left out in cold
Pressures to cut legal costs prompt clients to gravitate toward those lawyers who know their business best. Successful lawyers reach beyond the matter by matter mind-set and delve deep into a client’s business. They develop a client-centric awareness and intelligence-gathering ...
Read More »Coping with first-year associate stress
As nearly all attorneys will attest, stress defines the life of a first-year associate. To be truthful, stress defines the life of most attorneys. Recently I was asked by a friend who is a first-year associate whether the stress of ...
Read More »With client insider status, lawyer not left out in cold
Pressures to cut legal costs prompt clients to gravitate toward those lawyers who know their business best. Successful lawyers reach beyond the matter by matter mind-set and delve deep into a client’s business. They develop a client-centric awareness and intelligence-gathering ...
Read More »Black: The high cost of lawyering
“Lawyers who work harder [to make partner, to earn more money], and then tell themselves they don’t have time now for family and friends, are on a very slippery slope. They may think they are only postponing the opportunity [to ...
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