The 13th Annual World Leadership Forum organized by the Foreign Policy Association in New York City offered a cross-section of facts and opinions on the global economy, financial markets and sustainable development with five high-profile panels.
As if one were needed, the news that JP Morgan Chase & Co. has been embroiled in yet another banking scandal is a reminder that the world of finance long ago hocked its cracked and dented moral compass to the pawnbroker.
Surprisingly, a few days later Warren Buffett made the same observation. He said "the Fed is the greatest hedge fund in history." For Warren, this is great. He is on the receiving end of the biggest transfer of wealth in history from workers and savers to borrowers and speculators.
Fairness demands that we say it again: It may very well be that leadership team at JPMorgan Chase is shocked -- shocked! -- at all this criminality, and may simply lack the basic managerial skills needed to end it.
When I first got into the finance industry, there weren't a lot of women, especially in senior roles, whom I could look to as a mentor. Now that I'm in that position, I can use my insights to help aspiring women bankers achieve their goals.
ur business is demanding and competitive, and necessitates you come to work every day ready to work hard, make mistakes and better yourself. No one is more competitive than I am, but I never take myself too seriously.
As the regulations created by Dodd-Frank are chipped away, many are asking why the federal government is unable to enforce banking reforms even after the worst financial crisis since the Great Depression.
Helping our friends and our family members does not preclude helping women and babies in Africa or victims of the Tsunami in Indonesia or the earthquake in Haiti. We would walk through fire to help our own children and those in our communities, but why stop there?
The appointment comes as no surprise because the agency typically draws regulators from the ranks of the regulated. But it does illustrate a significant problem: by relying so heavily on people with industry connections, the SEC can tangle itself in conflicts of interest.