The Dow cannot defy gravity. The higher it rises, the harder it will fall.
Author: Edouard Chazal
The Religion of Entrepreneurship
In relgious communities, when someone is in need, the community rallies around them. People do kind things to other people just because it is the right thing to do. The startup world has a similar shared value; investors, CEOs, and service providers throughout the entrepreneurial ecosystem are always willing to lend a hand, donate time, and provide guidance and counsel.
How a Crisis-Era CDO Blessed by S&P Blew Up In Less Than a Year
The 119-page government complaint alleges that S&P repeatedly “adjusted and delayed” improvements to its analytical models and “knowingly disregarded the true extent of the credit risks” associated with the CDO investments it rated.
The Messy (and Risky) Ways That Governments Try to Manage Risks
We are at serious risk because of the subjective nature of the way all these factors shape the risk management policy making we depend on to protect us. But in a democracy there is no way around this mess, because of the very subjective nature of ‘risk’ itself.
The Utter Fragility Of The Eurozone: Even Democracy Is A Threat
They all document with their own words just how fragile the Eurozone has become. Every little thing can break it apart. Democracy itself, instead of being a fundamental strength, is seen as a threat: if the “wrong” party or an anti-establishment populist or an anti-austerity billionaire gains the most votes in one country, the entire 17-nation construct might break apart.
