Two Big Ideas for Preventing Another Banking Crisis
How should bank regulation change in the wake of Silicon Valley Bank’s collapse?
Source: nytimes.com
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Goldman Is Evil But McKinsey Is Worse | naked capitalism
It is remarkable the way that McKinsey goes from train wreck to train wreck yet manages to depict itself as some sort of Corporate America Zelig: ever on the scene but not doing much of anything in particular. This is despite the fact (for instance) that McKinsey was singularly responsible for the biggest value destroying deal of all time, save maybe Bayer’s purchase of Monsanto, which was the Time Warner acquisition of AOL. McKinsey pitched AOL to the Time Warner board five times and the board had the spine to reject it only four times. Or how about the Enron bankruptcy? McKinsey was all o...
Source: nakedcapitalism.com