61–70 of 165 posts
And if you're a bank, guess who is conveniently standing by ready to fix it for you with an army of $2000 an hour consultants? McKinsey. Same exact scam as the shady mechanic who wants charge you $400 to flush your transmission fluid and convinces you that your car will surely blow up if you don't do it.
2k/hr?????
And if you're a bank, guess who is conveniently standing by ready to fix it for you with an army of $2000 an hour consultants? McKinsey. Same exact scam as the shady mechanic who wants charge you $400 to flush your transmission fluid and convinces you that your car will surely blow up if you don't do it.
> All while building the talent and the advanced data-analytics infrastructure required to compete
Guess who, among the top consulting groups is currently investing a lot in data-analysis at the moment? Yes, McKinsey.
And if you're a bank, guess who is conveniently standing by ready to fix it for you with an army of $2000 an hour consultants? McKinsey. Same exact scam as the shady mechanic who wants charge you $400 to flush your transmission fluid and convinces you that your car will surely blow up if you don't do it.
Exactly. > All while building the talent and the advanced data-analytics infrastructure required to compete Guess who, among the top consulting groups is currently investing a lot in data-analysis at the moment? Yes, McKinsey.
[0] https://www.bcg.com/beyond-consulting/bcg-gamma/default.aspx
And if you're a bank, guess who is conveniently standing by ready to fix it for you with an army of $2000 an hour consultants? McKinsey. Same exact scam as the shady mechanic who wants charge you $400 to flush your transmission fluid and convinces you that your car will surely blow up if you don't do it.
2k/hr?????
And if you're a bank, guess who is conveniently standing by ready to fix it for you with an army of $2000 an hour consultants? McKinsey. Same exact scam as the shady mechanic who wants charge you $400 to flush your transmission fluid and convinces you that your car will surely blow up if you don't do it.
2k/hr?????
Earlier quoted context omitted.
Not to get too bogged down with details, but this winter she is looking to change EMR systems. The current one is the most expensive/established EMR for her field. Rent is 12,000 dollars of expenses. EMR is almost trivial.
Vast majority of private practices are closing or being purchased by larger hospital systems.
Earlier quoted context omitted.
Exactly. > All while building the talent and the advanced data-analytics infrastructure required to compete Guess who, among the top consulting groups is currently investing a lot in data-analysis at the moment? Yes, McKinsey.
They are pretty late to the party, Gamma [0] is more mature and more experienced than their McKinsey counterpart. [0] https://www.bcg.com/beyond-consulting/bcg-gamma/default.aspx
*current mckinsey data scientist who got an offer from both Gamma and McKinsey, and turned down Gamma despite being offered a higher salary.
Earlier quoted context omitted.
>For the rest of us debtors...it remains an ongoing disaster Taxpayers didn't pay for bailouts. The Fed did. Taxpayers did make a profit form them, however, since the profits the Fed saw from the bailouts were, by law, handed over to Treasury (except for statutory operating expenses), offsetting taxes. >those who greased the runways for the shareholders with their lost homes Most of those those losing homes did so by…
> Taxpayers didn't pay for bailouts. The Fed did. The 2+ Trillion dollar expansion of the Fed balance sheet during the crisis costs taxpayers every day that they pay interest on a loan enabled by that 2T+ expansion. Every house that used to be $200K and is now $500K is part of the price people are paying for how the crisis was managed. > But don't just blame bankers. Also blame borrowers defaulting. The core function…
Taxpayers don't pay interest on Fed assets. You have a fundamental misunderstanding of how monetary policy works. What makes you think your statement true? Did you read it in a explanation of how the Fed works, or did you make it up?
>The financialization and securitization of housing was the creation of bankers, not borrowers.
This is shortsighted and incorrect. If borrowers didn't default, there would be no crisis. Many were expecting housing to rise forever and were taking out second mortgages as piggy banks, then got in trouble when prices didn't increase forever. High risk borrowers could keep refinancing at higher and higher prices since house prices were climbing. When the prices stopped climbing, this process stopped.
>Debtors have been defaulting for millennia, it's a well-understood process.
And bubbles from irrational people have been happening for millennia too. Does this simplistic tautology allow me to assign all blame to borrowers?
And if you're a bank, guess who is conveniently standing by ready to fix it for you with an army of $2000 an hour consultants? McKinsey. Same exact scam as the shady mechanic who wants charge you $400 to flush your transmission fluid and convinces you that your car will surely blow up if you don't do it.
The difference is that in most cases, the shady mechanic is not somebody you already know from college, or from golf or your national frat society. McKinsey gets paid ungodly sums in part because they are the archetype of the old boy's club. Their new hires usually come only from top business schools, and likely already have several years under their belt at the types of companies McKinsey gets business from. In addi…
And if you're a bank, guess who is conveniently standing by ready to fix it for you with an army of $2000 an hour consultants? McKinsey. Same exact scam as the shady mechanic who wants charge you $400 to flush your transmission fluid and convinces you that your car will surely blow up if you don't do it.
2k/hr?????