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Tuesday, August 2, 2011

Lansdowne Partners Dumps Its Entire $850 Million Stake In Goldman


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August 02, 2011
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Lansdowne Partners Dumps Its Entire $850 Million Stake In Goldman Lansdowne Partners Dumps Its Entire $850 Million Stake In Goldman

The hedge fund was one of the biggest Goldman shareholders.

 Read »

Three Arrested On Wall Street For Public Nudity And Disturbance Of The Peace Three Arrested On Wall Street For Public Nudity And Disturbance Of The Peace
One street artist performed vigorous "BSD" exercises in the nude.  Read »
Working At Goldman Sachs Rule #1309320974: You Do Not Talk About Goldman Working At Goldman Sachs Rule #1309320974: You Do Not Talk About Goldman
Work at Goldman, and become part of an ultra-secret club.  Read »
Banker Jobs In Crisis Mode As Bosses Have 2 Choices: Cut Salaries, Or People Banker Jobs In Crisis Mode As Bosses Have 2 Choices: Cut Salaries, Or People
"I've been in this game for 30 years and it's never been this bad."  Read »
THE REVOLVING DOOR: 29 People Who Went From Wall Street To Washington To Wall Street
The list is super-long and filled with people from Goldman Sachs.  Read »
Somewhere Inside JP Morgan There Are Three Very Full Young Interns
The amazing intern class of 2011 continues to make their mark.  Read »
Wall Street Braces: "Contingency Plans Are In Place, Positions Established, Cash Sidelined"
"I have 2008 fresh enough in my mind that I’m taking it down anyways."  Read »
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HSBC WILL CUT 30,000 JOBS HSBC WILL CUT 30,000 JOBS
Carnage.  Read »
Lansdowne Dumped Goldman To Buy Morgan Stanley Lansdowne Dumped Goldman To Buy Morgan Stanley
More evidence that Morgan is the new Goldman?  Read »
Neel Kashkari: A U.S. Default Could Be Worse Than Lehman Neel Kashkari: A U.S. Default Could Be Worse Than Lehman
"A small deviation from a cherished belief can be as shocking as a large deviation from a weaker belief."  Read »
The Dodd Frank Bill Explains How Financial Reform Is A Sham The Dodd Frank Bill Explains How Financial Reform Is A Sham
A comedian in a Dodd Frank costume had a surprisingly smart explanation.   Read »

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Management Tip of the Day: 3 Areas Your Organization Must Align

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Management Tip of the Day
Harvard Business Review
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AUGUST 2, 2011
3 Areas Your Organization Must Align
Alignment simply makes things easier. When people and processes are in sync, it takes less time and energy to go from A to Z. Here are three areas where it is essential for decisions and actions to line up:
  • Your brand promise and the market need. Customers are loyal to you when you give them what they want. Make sure what you promise to them is something the market needs.
  • Investors' interests and the top team's goals. The executive team and those funding the operation need to see eye to eye. Otherwise, you spend too much time sorting out disagreements rather than building business.
  • Products you offer and target customers. All companies must decide which customers to serve. A "middle of the road" solution pleases no one. Know your key customers and make sure your products satisfy them.
Harvard Business Review Blog Today's Management Tip was adapted from "We Can't Agree to Disagree" by Nilofer Merchant.
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