Eat People: And Other Unapologetic Rules for Game-Changing Entrepreneurs
by Andy Kessler
The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It
by Scott Patterson
Hear from the founder of Lake Michigan Financial Corporation, Rich Lievense, and his insight on what this blog encompasses.
Adam Bryant interviewed seventy CEO’s about factors common to successful people in the business world. His book is summarized in the attached article.
Read "Distilling The Wisdom of CEO’s" from The New York Times.
Buy Adam Bryant's "The Corner Office" from Amazon.
I have written extensively about the financial crisis and the regulation enacted as a result. I believe the regulation will generally be ineffective in presenting this sort of risky behavior in the future. Unfortunately, it takes legal action against leading figures in the crisis to bring home the personal consequences of this type of behavior.
Read "In Financial Crisis, No Prosecutions of Top Figures" from The New York Times.
You have previously heard my thoughts about the long term effects on consumer spending caused by the Great Recession. This article provides background statistics and thoughts for you to consider as you determine how your business will be affected.
Read Article "The Power of the Post-Recession Consumer" from Strategy+Business.
A few months ago I ran across a shocking statistic about defense spending in our country. The United States spends more money on defense than the rest of the world combined. I started to look around for reading surrounding this topic and learned that Dwight Eisenhower (one of my personal heroes) made an important (but forgotten) speech about how this might happen in the second half of the twentieth century. I know this article has little to do with banking but I thought you might find it interesting background as we make important budgetary decisions in our country.
Read "The Tyranny of Defense Inc. " from The Atlantic.
FDIC Insurance - for important disclosures regarding the guarantee program, click here.