Margin Call

Dearest ML,

I am not sure if you watched the film "Margin Call"? M and I watched it just now... Scary. Well to specify it is not a horror film (I would never watch that) but a mimic on what exactly happened on the day when Lehman Brother collapsed in 2008. In the film it mentioned about the layoff / how the senior management reacted upon hearing the news that they were hugely in debt ....

The rest is all history.

Read news today Morgan Stanley is going to layoff 560 staff alone in their New York headquarter. History is just repeating itself.

And I am not sure if you watched the documentary "inside job"? Maybe this is part of the reason why you would like to change field?

Life is short, there are far more important and better things to do than... working non-stop, earning money in a dirty, dishonest way. Occupy Wall Street certainly got their motives right (if I remember, one of them is "against corporate greed") but we have to ask - what has been done so far to avoid history from repeating itself?

Or nothing at all? And... how we end up in a world like this, where hard work no longer pays off and only those who cheat / lie can earn big money?


k   xoxo