Lose your job, but gain your life

A new beginning is certainly what the global financial system needs, and perhaps a few financial servants will benefit from one too. Not that I’d wish unemployment on myself or anyone else, but it’s nice to talk to these folks and remember that losing your job does not mean all is lost. In fact, there’s probably a fair bit to gain from the experience.

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What I took away from the world’s ‘festival of private capital’

The on- and off-stage antics at the extravagant Milken Global Conference in Los Angeles tell us a lot about where institutional capital is right on the money – and where it is putting its head in the sand. And while the event retains the extraordinary intellectual and financial firepower that has always been its signature, something has shifted. The absences are as instructive as what's on the program.

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