“Bad companies are destroyed by crisis. Good companies survive them. Great individuals, like great companies, find a way to transform weakness into strength.” WayIndividualCompanyWeaknessCrisisDestroyedGood CompanyGreat CompanyBad Company Book:The Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph Source: The Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph
“The future will be less predictable, forecast rises will shrink, company lifetimes will shrink, new entrants will proliferate and it’s going to just get more unpredictable. If you thought financial crises came and went, just count on them – another economic collapse, it’s almost going to be like not news any more. But for startups this is great, because it’s a perpetual driver of disruption.” IfsCompanyEconomicNewsCrisisLifetimeFinancialDriversCollapsePerpetualUnpredictableShrinksPredictableDisruptionFinancial CrisisForecastsEconomic Collapse Author:Steve Jurvetson
“These two entities Fannie Mae and Freddie Mac are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.” PeopleKindTwoProblemTermCompanyPressureCrisisFinancialEntityHousingAffordableMacsFinancial CrisisMaeAffordable Housing Author:Barney Frank
“American business would be run better today if there was more alignment between CEOs' interest and the company. For example, would the financial crisis of 2008 have occurred if the CEO of Lehman and Morgan Stanley and Goldman and Citibank had to take a very small percentage of every mortgage-backed security... or every loan they made?” IfsMadeWould BeRunningTodayInterestCompanySecurityExampleCrisisFinancialCeoLoanPercentagesMortgageAlignmentFinancial CrisisStanleyAmerican BusinessCitibank Author:Aubrey McClendon
“The climate, financial and national security crises are all connected. They share the same cause: Our [the USA's] absurd dependency on foreign oil. As long as we need to spend billions of dollars each year to buy foreign oil from state-run oil companies in the Persian Gulf, our problems of a trade deficit, a budget deficit and a climate crisis will persist.” NeedsYearsLongStatesProblemRunningCausesCompanyShareSecurityCrisisTradeDollarsClimateFinancialConnectedOilBillionsAbsurdBudgetsUsaPersistNational SecurityDeficitDependencyPersianOil CompaniesForeign OilBudget DeficitPersian Gulf Author:Al Gore
“When this crisis began, crucial decisions about what would happen to some of the world's biggest companies - companies employing tens of thousands of people and holding trillions of dollars in assets - took place in hurried discussions in the middle of the night. We should not be forced to choose between allowing a company to fall into a rapid and chaotic dissolution or forcing taxpayers to foot the bill.” PeopleWorldShouldHappensNightFallDecisionCompanySupportMiddleCrisisDollarsMeetingsAllowingAssetsCrucialEmergenciesRapidsTaxpayersChaoticMiddle Of The NightDissolutionEmploying Author:Barack Obama
“The egotistical ambition to always want to earn more money harms both the company and the individual himself. That is the biggest weakness of many managers - the financial crisis has proven this.” WantIndividualCompanyAmbitionWeaknessCrisisFinancialHarmManagersMore MoneyProvenEgotisticalFinancial Crisis Author:Dalai Lama