My 300k is 1/3 in private stock options which may not actually become money for another 5yrs, if ever. They don't accept it in exchange for homes and my 200k income isn't enough to buy a home, esp given there is a mass layoff every 7yrs. House prices go up more than the down payment I save each year so I get further from owning a home. Oh, and the east bay is about 2hrs fro SF so I'd never see my kids even if I bought a home
To be fair "elite" here means a child care facility that can stay overtime when I am stuck in the office on production duty till 9pm, which is like every week. This isn't a government job where I'm guaranteed exit at 5pm on the clock.
I think what many comments are missing is how self driving cars play into this. Imagine a car goes to the store, pings a helper for the items, drops off the items. Wages are way lower and you have mostly capital cost.
The names are used in Japan. Some of these names (e.g., "Strike Gold") conjure up an old-school Americana. This is intentional. Japanese denim brands (who now make these shirts as well) are very reverent of pre-1960s Levis.
They use the English names in Japan. If you google for the Japanese official websites for these brands or even their products on rakuten.co.jp you'll see the brand names in English.
Isn't the motive clear form the article? The Fed and US adept of Treasury were completely controlled by ex Goldman execs -- the motive was to find a scapegoat to stick the debt with, while Goldman got off getting paid 100cents on the dollar. Goldman equity was less than what they would have lost on AIG CDS so AIG bankruptcy meant instant Goldman bankruptcy.
Why do people develop loyalty toward the groups they join? Evolution? Reciprocity? Indoctrination?
Either way, not unusual. Happens all the time in the military ("no such thing as an ex-marine"), around football clubs ("once a red, always a red")... pretty much everywhere there are humans, especially men in high-pressure environments.
"During that time, the New York Fed's chairman, Stephen Friedman, sat on Goldman's board and had a large holding in Goldman stock, which because of Goldman's new status as a bank holding company was a violation of Federal Reserve policy."
In the world of regular employment, usually they don't. But in the tight-knit circle of CXO-level personnel of major financial institutions that may not be the case. It strikes me as a club, and to stay in the club one must help other members of the club and practice a bit of "omertà."
I can tell you why...at my
Last firm, the "first submitting agency" was tied to your name on FieldGlass. You could not get around it. It was the only system you could hire thru firmwide.