GOLDMAN SACHS BUSINESS PRINCIPLES ( # 5 of 10)"We stress creativity and imagination in everything we do. While recognizing that the old way may still be the best way, we constantly strive to find a better solution to a client's problems. We pride ourselves on having pioneered many of the practices and techniques that have become standard in the industry." http://www2.goldmansachs.com/HISTORY:Goldman-Sachs is a financial institution that survived the Great Depression. John Kenneth Galbraith ... Read Full Story
GOLDMAN SACHS BUSINESS PRINCIPLES ( # 5 of 10)"We stress creativity and imagination in everything we do. While recognizing that the old way may still be the best way, we constantly strive to find a better solution to a client's problems. We pride ourselves on having pioneered many of the practices and techniques that have become standard in the industry." http://www2.goldmansachs.com/HISTORY:Goldman-Sachs is a financial institution that survived the Great Depression. John Kenneth Galbraith ... Read Full Story
"To my mind it is fundamental to our society to see that powers are not abused or misused. If they come into conflict with freedom of an individual or with any other of our fundamental freedoms, then it is the province of the Judge to hold the balance between the competing interests." - Lord DenningJustice theory is one subsidiary of philosophy that never really suffers a bad century.Back in Homeric times, life was simpler. Justice largely meant personal vengeance. Complications began when Pl... Read Full Story
" Political language...is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind. " - George OrwellIt took 25 years longer than George Orwell thought for the slogans of 1984 to become reality.“War is Peace.” “Freedom is Slavery.” “Ignorance is Strength.”I would add, “Lie is Truth.”The Nobel Committee has awarded the 2009 Peace Prize to President Obama, the person who started a new war in Pakistan, upped the war in Afghanistan, and conti... Read Full Story
" Political language...is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind. " - George OrwellIt took 25 years longer than George Orwell thought for the slogans of 1984 to become reality.“War is Peace.” “Freedom is Slavery.” “Ignorance is Strength.”I would add, “Lie is Truth.”The Nobel Committee has awarded the 2009 Peace Prize to President Obama, the person who started a new war in Pakistan, upped the war in Afghanistan, and conti... Read Full Story
"To my mind it is fundamental to our society to see that powers are not abused or misused. If they come into conflict with freedom of an individual or with any other of our fundamental freedoms, then it is the province of the Judge to hold the balance between the competing interests." - Lord DenningJustice theory is one subsidiary of philosophy that never really suffers a bad century.Back in Homeric times, life was simpler. Justice largely meant personal vengeance. Complications began when Pl... Read Full Story
Give me liberty or give me death? Try giving me loquacity and giving me death. We are, literally, talking and texting ourselves into oblivion.In April, two people in the Seattle area were killed by a train in separate incidents while talking on a cellphone as they crossed railroad tracks. That same month, a truck driver in Florida admitted that he was texting just before he drove into a schoolbus, killing a student. Around the same time, a young man was hit by a car and killed as he talked on... Read Full Story
At a cabinet meeting on April 14, 1865, Abraham Lincoln reported that he had had a most unusual dream. He had felt himself floating along the ocean, as the sun shone brightly in the background. He was on some sort of ship, drifting, searching for direction. It was the same dream he had had many times since being elected president, and every time, he claimed, it had served as an omen for some major event or disaster. "Nonsense!," his cabinet officers proclaimed. "The war is over," they noted (... Read Full Story
The Wall Street Journal reported last week that:"Executives and other highly compensated employees now receive more than one-third of all pay in the US... Highly paid employees received nearly $2.1 trillion of the $6.4 trillion in total US pay in 2007, the latest figures available." One of the questions often asked when the subject of CEO pay comes up is:"What could a person such as William McGuire or Lee Raymond (the former CEOs of UnitedHealth and ExxonMobil, respectively) possibly do to j... Read Full Story
"In 2003, President Bush said torture anywhere is an affront to human dignity everywhere, and the United States is committed to building a world where human rights are respected and protected by the rule of law. In a statement issued on United Nations International Day in Support of Victims of Torture June 26, the president called on all governments to join in prohibiting, investigating and prosecuting all acts of torture and in undertaking to prevent other cruel and unusual punishment. Fol... Read Full Story