One of my favorite quotes from one of my favorite movies is Captain Jack Sparrow;
"Put me in command."
And that is more or less what I would like to convey to all the shareholders out there of;
Merrill Lynch
JP Morgan
Citigroup
UBS
Fannie Mae
Freddie Mac
and any other financial firm that is now having to go to the taxpayer with a cup in their hand.
Put me in command. I would do better than any one of their Ivy League educated, blue bloods and for about 1/2 the price...then again, if I was CEO of all firms, 1/2 of the normal pay for all of them would still be billions, but I would guarantee you this new megalopolis of a firm would not lose even 1/2 of a billion.
Ah, but that is unheard of, an outsider not from the East coast heading up these dinosaur of firms now becoming parasites on the US taxpayer. So outlandish of an idea, so radical to put somebody under 40 who is not a grayhaired MBA putz who's more concerned about his commission than the overall health of the firm.
Ah, to hell with it, I'm erroneously assuming it's a meritocracy anyway.
That being said, I would be the Captain Jack Sparrow of the finance world.
I don't know if you've read this, but when I did I thought of you:
ReplyDeletehttp://www.portfolio.com/executives/features/2007/11/19/Blaine-Lourd-Profile