Skimming though the article did not explain what the scandal is about.
The CEO of Credit Suisse was accused of hiring an investigator to follow around a former executive who went to rival UBS. The "scandal" is that Swiss bankers are supposed to be too Swiss to do such things. The irony is that neither the CEO nor the executive are actually Swiss because high finance these days knows no nation.
Credit Suisse scandal shakes Zurich’s elite
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Re: Credit Suisse scandal shakes Zurich’s elite
#32An apt reminder that we're all just meat bags at the end of the day.
https://www.mit.edu/people/dpolicar/writing/prose/text/think...
Re: Credit Suisse scandal shakes Zurich’s elite
#33An apt reminder that we're all just meat bags at the end of the day.
Yeah, I'm not including myself with entitled man-children that throw a tantrum when their garden is impugned. This is more of a reminder that our rulers are less ethical, less self-disciplined, and less wise than the average Joe. Why? Because they can be.
Re: Credit Suisse scandal shakes Zurich’s elite
#34An apt reminder that we're all just meat bags at the end of the day.
Re: Credit Suisse scandal shakes Zurich’s elite
#35"It’s not just that power shifts from one country to another, from one political party to another, from one business model to another, it’s this: Power is decaying" - Moises Naim [The End of Power] The book basically says, it is becoming easier to get power, harder to use it to control others and harder to keep it once you have it.
> easier to get power, harder to use it to control others and harder to keep it once you have it. curious - if it's harder to use/keep, how is it actually 'power'?
When that happens, you don’t always get the result you want, but maybe neither of you gets the results you want. Maybe what ends up happening is some kind of canceling out of your respective powers.
If the power dynamics in the market are diverse enough, people with competing interests and ideologies have various forms of power, then this will happen more often than not and you’ll see power canceling out power more often than you see power effecting the influence of the people that wield it.
Re: Credit Suisse scandal shakes Zurich’s elite
#36Skimming though the article did not explain what the scandal is about.
Re: Credit Suisse scandal shakes Zurich’s elite
#37Re: Credit Suisse scandal shakes Zurich’s elite
#38Earlier quoted context omitted.
Are you advocating for remilitarizing Germany, an American invasion of Europe, or a second amendment right to Hoovers? In any event, definitely don't vacuum up ammo. It's bad for the vacuum at a minimum.
Remilitarizing Germany makes sense. We can't punish this generation for past sins.
Re: Credit Suisse scandal shakes Zurich’s elite
#39Earlier quoted context omitted.
The CEO of Credit Suisse was accused of hiring an investigator to follow around a former executive who went to rival UBS. The "scandal" is that Swiss bankers are supposed to be too Swiss to do such things. The irony is that neither the CEO nor the executive are actually Swiss because high finance these days knows no nation.
Iqbal Khan is Swiss
Re: Credit Suisse scandal shakes Zurich’s elite
#40An apt reminder that we're all just meat bags at the end of the day.
"They're Made out of Meat" https://www.mit.edu/people/dpolicar/writing/prose/text/think...