Women’s absence led Lehman’s death

According to Naissance Capital, a socially-responsible Swiss hedge fund women help prevent the ‘The Julius Caesar Problem’ whereby an ‘Alpha Male CEO’ ‘bends the rules, cheats if necessary' and 'eventually causes the company's destruction.’ They even claim that gender diversity ‘can guard against six sigma events, ie AIG, Lehman.’

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COMMENTS

R.Balakrishnan

9 years ago

Utter crap. Martha Stewart bombed. Sundaram Finance does not employ women (at least till mid 90's) and does well.Absolutely no co-relation.

Mexico hedge against looming oil collapse

Mexico has spent $1.172 billion to buy oil hedges for 2010, protecting itself in case prices collapse. According to the finance ministry Mexico purchased put options that give it the option, not the obligation, to sell its oil for $57 a barrel next year.

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Ethanol more than hype

Ethanol is not just hype – it’s dangerous, delusional bullshit. Corn ethanol is not to solve America’s energy crisis, but to generate one of the great political boondoggles of our time.

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