A surefire method in the mind of the Commander in Cheat to insure hugely substantial profits from future hotels, golf courses and luxury townhouses.
This impeachment inquiry is boon for my financial future because the bigger a complete badass I am in the course of my Presidency, the bigger my bankroll, OK?
by Dr Bunnygirl September 25, 2019
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impreza
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by Arioch1723 September 7, 2006
Get the fecal matter hits the rotary impeller mug.by imprefvicticiousnessincarnate June 16, 2017
Get the imprefvicticious mug.1.how an entire organization can rise up to help a boss justify some deal he’s inclined to do, regardless of its merit
2. any company’s inherent propensity to do dumb things (or avoid doing smart things) simply for the sake of doing them.
2. any company’s inherent propensity to do dumb things (or avoid doing smart things) simply for the sake of doing them.
1. The stock market collapse was encourage by many respected investors by participating in the overarching fininacial industry institutional imperative of rolling over debt and reselling them as investments.
2. Warren Buffett in discusing the motivation of bankers and institutional leadership in a 1989 letter. Believes that Institutions are built to appease the wishes of a few in leadership positions, to the point that employees are convinced that they are justified in all of their actions regardless of the effect. Specifically in addressing the needs and motivation of bankers, who will encourage any deal regardless of merit.
2. “Don’t ask the barber whether you need a haircut.”"It was his thinly veiled dig at Wall Street bankers and the perverse incentive system for corporate “advice” on mergers and acquisitions — namely that bankers are paid only if a deal is completed. (Bankers typically earn nothing if a deal is abandoned or collapses, giving them little reason to recommend against pursuing a transaction.)"
It was a timely note from
2. Warren Buffett in discusing the motivation of bankers and institutional leadership in a 1989 letter. Believes that Institutions are built to appease the wishes of a few in leadership positions, to the point that employees are convinced that they are justified in all of their actions regardless of the effect. Specifically in addressing the needs and motivation of bankers, who will encourage any deal regardless of merit.
2. “Don’t ask the barber whether you need a haircut.”"It was his thinly veiled dig at Wall Street bankers and the perverse incentive system for corporate “advice” on mergers and acquisitions — namely that bankers are paid only if a deal is completed. (Bankers typically earn nothing if a deal is abandoned or collapses, giving them little reason to recommend against pursuing a transaction.)"
It was a timely note from
by Abcent Minded March 2, 2010
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by Tonka wood chuck May 12, 2021
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