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2008 Financial Crisis – Causes and historical context

Tom Spencer

Many an economics and finance course later, I see that the layers of complexities to the 2008 financial crisis are innumerable. Once the housing market began to collapse, mortgages defaulted, and MBS began to fail. We were shocked, how could no one have seen the collapse coming? It all seemed so clear.

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What is the value of digital currency?

Tom Spencer

Since 1971, when Richard Nixon took the US dollar off the gold standard, market commentators have worried about the ability of the US dollar to act as a reliable store of value. The global financial crisis redoubled these concerns, and it is no coincidence that Bitcoin was launched in 2008. However, people cannot be forced to borrow.

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The age old tale of financial crises

Tom Spencer

The story of the 2008 financial crisis begins somewhere shortly after the death of Jesus Christ himself. The 2008 financial crisis saw Ben Bernanke, the then chairman of the Federal Reserve, providing money to banks across the United States following the collapse of the housing market and subsequent defaults of mortgage backed securities.

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Lead to the future: leadership imperatives for success

Brimstone Consulting

A recent survey found that 67% of companies that implemented remote or hybrid work policies in response to the pandemic expect these policies to remain in place permanently or for the long-term. Resilient organizations, ones that excel at change, operate as a team of teams. Build Agility. Take the example of V12.

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Inside a Fortune 500 Boardroom

CaseInterview.com

In contrast, my favorite boardroom belonged to a clothing retail chain in California during the Great Recession of 2008. Business A can be profitable if it grows revenues enough to cover the non-product-related operating costs (such as sales, marketing, customer service, finance, and human resources). Read Our Privacy Policy.

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Cheap money, what is it good for?

Tom Spencer

Mark Carney, Governor of the Bank of England, issued a statement immediately following the result in which he aimed to calm market sentiment. Well, traditionally, central banks have aimed to control monetary policy by influencing interest rates. ” What did he mean by this? trillion in financial assets. ” (emphasis added).

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Research: Perhaps Market Forces Do Work in Health Care After All

Harvard Business

For decades, experts and policy wonks have argued that health care is a uniquely inefficient industry, insulated from conventional market forces that operate in the rest of the economy. Poorly performing hospitals do not feel pressure from patients to improve quality because standard market forces do not apply to health care.