Tag Archives

Archive of posts published in the tag: Covid 19

Thoughts on Buybacks

When CEO bonuses were paid in 2008 after the bailouts America was justifiably outraged and it is reasonable to include conditions to avoid this outcome again.  It is equally outrageous and irresponsible to load this bill with unrelated political swag and enforce long term changes in corporate governance and other purely political agendas in order to address a very short-term set of problems.

Read More

Covid-19 Saves the World

In the meantime, we will achieve long sought goals of dramatically reducing our carbon footprint, inequality, and even DUI’s and simultaneously realize they were far less important than we thought.  We will also hopefully learn to appreciate institutions, forces, and fellow citizens and workers we took for granted and even criticized a few months ago that are now critical to our survival.

Read More

Financial Risk and Political Risk

We will never know if we overreacted. If the threat turns out to be less than predicted, we will assume our actions were merited and responsible. It could be a dry run for a contagion that is far more lethal. Our agencies and professionals will always error on the side of overestimating an unknown threat to public health. Outrage and fear are hard risks to mitigate.

Read More