Thursday, March 8, 2007

I cannot stay mum forever ...

Se zicea pe vremuri, ca orice zvicnitura a ridurilor de pe fatza lui Alan Greenspan, produce un cutremur la bursa din Wall Street.
Chiar daca vorbele nu i-au fost niciodata intelese in totalitate, ... brokerii s-au invatat sa actioneze in functie de grimasele lui faciale. Tin minte ca acum vreo 2 ani, bursa a fost in deriva totala o saptamina intreaga, pina cind efectele Botox-ului, administrat la cererea nevestei, s-au estompat si fatza lui si-a reluat acreala obisnuita si, mai ales ridurile si cutele ...






Echipa lui Greenspan,
trimitind sefului pupaturi cu stropi

de ziua lui,
81 de anisori (6 Martie)



Si iata cum din nou, comentariile fostului Chairman se pare ca au condus (printre altele) la recenta cadere a bursei internationale ...
Greenspan insa e foarte surprins de aceasta reactie a bursei si nu se simte deloc raspunzator, considerind ca
“... because over a year has passed since he left office, he can be a little more candid in how he characterizes things”, ...
are si el dreptul ca tot omu' sa emita pareri si opinii, contemplind lumea din anonimitate.

Cu toate acestea, comunitatea de management consultants este intrigata, pe cit de mocnit posibil, ... de iresponsabilitatea de care Greenspan a dat dovada.

Iata ce zic ei:

" What does former Federal Reserve Chairman Alan Greenspan have in common with Jack Welch, George Washington and a movie character out of Hitchcock?
The answer, say management consultants and leadership gurus, is that -- just like General Electric Co.'s former chief executive officer, the nation's first president and the Hitchcock heroine -- Greenspan's reputation and persona can easily overshadow that of his successor.
Greenspan stole the limelight last week in comments that contributed to a global tumbling of stocks, causing his successor, Fed Chairman Ben S. Bernanke, to offer calming words.

Warren G. Bennis, a leadership expert, says all retired bosses must guard against what he calls the Rebecca Syndrome, named after the 1938 novel ``Rebecca,'' by Daphne du Maurier, and the Alfred Hitchcock movie that followed in 1940. It's a tale of a new bride who suffers from the romanticized image of her husband's dead first wife.
"The book is a good metaphor for when a predecessor's shadow looms over a successor's work -- it's dysfunctional and should be avoided," says Bennis, a professor of business at the University of Southern California's Marshall School of Business in Los Angeles.
"Greenspan's voice is still resonant and, like any former CEO, he has to be extremely careful.''

"Greenspan should keep quiet about sensitive short-term economic issues for another year", says Jeffrey Sonnenfeld, author of "The Hero's Farewell: What Happens When CEOs Retire'' (Oxford University Press, 1991) and a management professor at Yale University in New Haven, Connecticut.
"He could talk about plenty of things -- trade patterns, currency strengths -- but not the most salient, short-term issues.''
Greenspan, who retired in January 2006, eclipsed Bernanke at least briefly last week. In an address to a Hong Kong audience, the former Fed chairman hinted at U.S. recession prospects just as Bernanke was about to testify before Congress. Greenspan's words played at least a minor role in the stock market drop that followed, the worst since January 2003 ... (full article
continues here ... )

By James M. O'Neill, March 7 (Bloomberg)

2 comments:

Anonymous said...

Hit the book!

Der Crash kommt von Max Otte

vics said...

stiu, intr-un "Black Friday, 2008",...

si, ce propui ?