As a former 1 percent member who got his backside kicked in the real estate "boom and bust" over the last decade, I'm officially a 99 percent member (misery loves company) -- and it's with unique privilege that I can report stories from the frontline.
Finding your own Higher Purpose is like finding the source of the Nile. The journey is just as important as the destination, and when you get there it can often be a bit of a disappointment. The key to searching for your Higher Purpose is to be conscious of it and keep searching.
Watergate made a mockery of American justice revealing a corruption so deep and pervasive that it "almost had the country brought down by it." For Springsteen and America, the financial crisis has exposed the same.
Many people believe that the sole purpose of business is to make money. They're wrong. When you overemphasize profit -- particularly short-term profit -- you wind up creating a culture that underemphasizes customers.
A year ago I wrote about my shady derivatives dealings during my time at Citigroup. I spent some time in a counterpart of sorts to the Goldman Sachs group Greg Smith recently resigned from, equity derivatives.
Will America continue to be a "good guy" nation in our own eyes and the eyes of the world? Or will some businesses lead us into a downward spiral and will average Americans allow ourselves to be swept up in it?
Many of the skeptics took the opportunity to speculate freely about this unassuming Greg Smith figure -- even the name has a kind of Goldmanite uniformity -- and his motivations, often to his detriment. Why did he do it?
Like Greg Smith, I came to realize toward the end of my career that the companies I had worked for had changed so much during my two decades with them that I could not in good conscience continue to serve as an industry cheerleader and spokesman.