From the Washington Post

WASHINGTON (Reuters) – U.S. employers cut 247,000 jobs in July, far less than expected and the least in any month since last August, according to data on Friday that provided the clearest evidence yet that the economy was turning around. Help me understand how losing 247k jobs is a good sign? Don’t care if things are getting worse slower. You can tell how bad it is by what comforts us. Continue reading From the Washington Post

tompeters! management consulting leadership training development project management

tompeters! management consulting leadership training development project management. This post on tompeter.com is not for the faint at heart.  Lays blame for this entire financial fiasco at the current generation of managers who chose greed over the good for many.  Aims directly at the fact that many of our current C-level execs rose through the finance arm of the company.  They have not built the companies therefore they are willing to risk them…why not?  They can simply take their Golden Parachutes and land on some island and do consulting for the rest of their lives.     I had better … Continue reading tompeters! management consulting leadership training development project management

Obama Pressures Wall Street Over Bonuses – NYTimes.com

Obama Pressures Wall Street Over Bonuses – NYTimes.com. President Obama calls the bonuses “shameful”.  An interesting choice of words.  More of an eastern sounding response than a western response.  In the west we lean on justice and legal system to keep people in line.  In the east there is more of shame based system of people being shunned and losing respect that keeps people in line.  Let me read a lot into the President’s statement:  While it was not illegal nor are we going to pursue any legal avenues for your actions of paying out the 6th largest bonus pool … Continue reading Obama Pressures Wall Street Over Bonuses – NYTimes.com