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Cinderella of Wall Street

Hugo, the Financial Crisis and St. Catherine of Siena

Lydia Fisher | Posted 03.20.2012 | Business
Lydia Fisher

Can we afford to disenfranchise swaths of the population, amputating them from well-being and a productive existence from which stem self-esteem and self-reliance? The key to what ails us is like the key to Hugo's automaton, one shaped like a heart.

"Everyone Is Called to One Common Human Vocation -- That of Being a Good Citizen and a Thoughtful Human Being..."

Lydia Fisher | Posted 03.05.2012 | Business
Lydia Fisher

Too old-fashioned? Or, is there a take-away here? Well, let's take a look.

The Salomon Brothers Training Class of 1985 and Lessons Learned

Lydia Fisher | Posted 01.18.2012 | Business
Lydia Fisher

There were a few rejections before I made it into the Salomon Brothers sales and trading training class. It happened to be the class of 1985, immortalized in Michael Lewis' book, Liar's Poker," and I recently came back from our 26-year reunion.

Tick-Tock Goes the Developed World's Debt and Derivatives Clock: U.S. National Debt Fast Approaches 15 Trillion!

Lydia Fisher | Posted 12.25.2011 | Business
Lydia Fisher

Chancellor Merkel faces a dilemma. Can you blame the German people for not wanting to bail out the French banks -- where does it end if the Eurozone debt crisis cascades?

Financial Occupation

Lydia Fisher | Posted 12.21.2011 | Business
Lydia Fisher

The silver lining in the ongoing crisis is that it challenges the world -- about the world being owned by few. Maybe we'll get it all out there for a healthy dialogue and movement for economic justice.

A World Adrift in Turmoil, Yet Lit by Candles...

Lydia Fisher | Posted 12.03.2011 | Business
Lydia Fisher

Capitalism isn't just about success -- it's about failure too -- allowing failed enterprises to fail.

The Financial Thriller Continues... What Do the Numbers 753, 20, 138, 130 and 35 Tell Us?

Lydia Fisher | Posted 10.25.2011 | Business
Lydia Fisher

The ongoing financial saga is morphing into a financial thriller. Makes one wonder. Maybe the "silver lining" in this financial crisis is that the "dirty laundry is coming out in the wash" -- worldwide.

From "Too Big to Fail" Banks to "Too Big to Default" Nations to What's Next?

Lydia Fisher | Posted 10.19.2011 | Business
Lydia Fisher

We've had financial bubbles before. This one's got a twist though. It's fraught with complexity, scope, depth, widespread fraud and bad underwriting practices making coming out of it, all the more difficult.

Somethin's in the air: What Happened to Scruples?

Lydia Fisher | Posted 10.15.2011 | Business
Lydia Fisher

If financial warfare is here to stay, doesn't it behoove those who run banks and nations to manage well as any one is vulnerable? And now that we've created this global financial hydra, and global world at large, how's it being managed and is it even possible?

Frankenstein, Return of the Zombies: The Sequel

Lydia Fisher | Posted 10.11.2011 | Business
Lydia Fisher

Frankenstein was a "failed artificial life experiment" that went badly wrong. Ours incubated in financial laboratories -- the result of complex "innovative" financial engineering.

Elizabeth Warren, Accountability, Debt Ceiling and: "No More Phonies" Reads America's Want Ad!

Lydia Fisher | Posted 09.19.2011 | Business
Lydia Fisher

Good for Elizabeth Warren for taking a stand. Coming from Wall Street, I know exactly what that means. You take the heat when you come up against the ...

Learning Basic Budgeting at Age 7, Wicker Armor and Clarions

Lydia Fisher | Posted 09.13.2011 | Business
Lydia Fisher

How was basic credit analysis so overlooked by sovereign governments, banks, institutions, individuals? Is it a Shakespearean-like pursuit of returns, wants, profit and power? Can we assume that economies could grow to keep up with debt?

What Is Truth?

Lydia Fisher | Posted 09.10.2011 | Business
Lydia Fisher

Falsehood creates a convoluted mess, a sense of disorder. Hold that thought and think "cause and effect" -- the financial crisis largely created our fiscal crisis leading now to the US national debt ceiling problem.

What Happened to Shame?

Lydia Fisher | Posted 08.24.2011 | Business
Lydia Fisher

When I was growing up there was shame. Shame is defined as, "a painful feeling of humiliation or distress caused by the consciousness of wrong or foolish behavior." But this feeling seems to have disappeared from the way we do business in this country.

Leonardo da Vinci, Wall Street, and the Yellow Canary

Lydia Fisher | Posted 07.27.2011 | Business
Lydia Fisher

Beyond the veil of everything that is fleeting, are we moving forwards, making human progress, or moving backwards, or standing still as if in circular motion? The latest financial crisis, among other things, makes this a pertinent question.