second chances

Ken Griffin & co. weren’t that good at being an investment bank, possibly in part because Ken Griffin spent so much of his time firing his investment-banking executives. Perhaps they’ll be better at doing the things that banks don’t want to do anymore. Read more »

When Bear Stearns went down for the dirt nap three years ago to the day (more on the anniversary later), many people assumed having the firm listed as a one-time employer on the résumé would be the equivalent of pulling a Merrill, i.e. it would make you categorically unemployable. Apparently these people had never heard of a guy named John Meriweather who, despite being forced to sign up investors for his latest fund down at the dog track, is proof positive that you can blow it or work for a place that (spectacularly) blows it and it will in no way affect your future prospects. According to Bloomberg and former BSC chairman Ace Greenberg, most Bear execs have “landed on their feet.” Read more »

Before all you naysers go to town about how it would be outrageous for him to be allowed to ever come within 100 feet of another pooch, let us look to the lessons of John Meriwether, which can be applied to most life situations. Read more »