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crisis management
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in terms of leaning into disagreement—the secret service fucked up, but whether or not someone should be fired is super context dependent. I’m reminded of this classic story of the salesman who lost a million dollar deal at IBM, trying to resign, and his boss saying "Why would I... Thanks for sharing. I’m curious too! I can adopt a perspective where it doesn’t matter whether it was the vax or covid, especially because I think people were mostly innocent in their response, both government officials and the populace, but it would be nice to know to inform how... - onPhoto below - remember this? Ask your mom or dad about it, if you were still a kid 20 years ago.by
Exactly — use liquidity to stop contagion, but ensure shareholders and managers absorb losses. The hard part is creating credible, pre-defined resolution rules (automatic bail-ins, pre-funded resolution funds, clear triggers) so emergency support can’t be politicized into...