Tag Archives: Economy

Billionaires are hurting too!

March 13, 2009

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The total number of billionaires in the world fell from 1,125 in 2008 to 793 in 2009.  The financial meltdown wiped out $2 trillion from their net worth.  Most of you are saying the same thing as I am, “who cares!”  It’s all net worth, and not cash.  There is a difference when looking at a […]

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Financial Risk and Flying Pigs

January 8, 2009

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There is currently a belief that financial risk is easily measured. That we can stick some sort of risk-meter into the financial system and get an precise measurement of the risk of complex financial instruments. The poorly misguided belief that this risk-meter exists plays a key role in getting the financial system into the mess […]

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CFO Career Booms During An Economic Crisis

October 21, 2008

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As finance executives are having a hard time finding the silver lining in the credit crisis, its no wonder that the recent problems on Wall Street have forced them to revisit their bank relationships, redo their forecasting, rethink their cash management strategy, and worry a lot more about what tomorrow will bring. But under the […]

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