And ties into what the Ranking Member has talked about, where the decisions are made and what paul talked about in terms of, how is it that it relates to the ability to perform. Well, one thing i would say is that lsz fr also as leaders, if youve got someone to let go at the captain level, the leader needs to be held accountable, also, because any one of us if our team does something, were ultimately responsible as the leaders and i think that, coming from the top, is so critical of making this a priority. I had a specific question, also, about what senator king referenced regarding the 46 program and wouldnt it make sense for all major defense acquisition production programs to be designed so that the contractor absorbs the cost overruns for production . If i could, senator . Yes. I think its important to understand the risks. Sometimes the threat drives us to take risks because we need to. And when the risks arent clear, that cost sharing between us and the contractor has to be consi
Followed. Likely hundreds in britainpy the end of tomorrow as we see more and more looking at the kind of thing that seemed impossible when all of this began. This is the quickest vaccine arrival in global history. We didnt see anything like this during the pandemic of 1918 or anything approaching it during so many that have occurred since. The significance of it cannot be last on the medical community or certainly the financial community. Racing to new highs for the s p 500 as the nasdaq. The dow put in a nice day. What is behind this optimism . Obviously the sooner you get a vaccine to the public, the sooner we can get away from shut downs, sheltering orders, shutting down businesses and restaurants and so much more that have been the plague behind this plague. All of that could be ending. Not quickly, not right away. Doctors have been pointing out right now and even at the vaccine summit, dont get cocky or overconfident here. Dont stop Wearing Masks here or protecting your health or
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Traders Magazine
By Davy Barthes, CEO, Magen Financial
The institutional brokerage business has been around for almost a century and has played a vital role in the development and growth of the global financial services industry. But the essential ways that brokerage firms work have slightly evolved since almost the inception of the business – they still rely on personal relationships, face-to-face engagement, an existing broad understanding of how the industry works, and a certain detachment towards emerging technology to improve operations.
However, COVID-19 has taken the old ways of working completely off the table for brokers. In-person networking and client dinners have not been viable for the past year, and are unlikely to quickly return in any meaningful way, even as cities slowly begin to reopen. Now, firms must incorporate the “new normal” that was established in 2020 – flexible, work-from-anywhere arrangements – into their long-term plans, giving brokerag