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Tag Archives: Wall Street

Hippies or hipsters protesting? Is it the seventies all over again?

‘Peace through protest’ may sound the flavor of the month, or at least the theme of 2011, considering that peaceful uprisings overturned dictators during the so-called Arab Sprint.

But it reality, this is just the old recipe, delivered to our table on new tableware.

I watched a History Channel documentary on Nixon last night, and just seeing the short powerful segments when they cut away to the anti-Vietnam movement across the country made me realize this. You could cut-and-paste the present protest on Wall Street. Except for the bandanas and peace tattoos of the seventies, the similarities are striking.

People are fed up with their politicians (81 percent of Americans are dissatisfied with the way the country is being governed; confidence in Congress has dropped). They believe that the best way to send them a message is to show up on the street with hand-painted signs and chants.

OK, so we do have web sites, Twitter hash tags (#occupywallstreet) and Facebook, but it is easy to give too much credit to the mechanical tools of movements.

  • It does help when Salman Rusdie helps out with a tweet.
  • It does help when there is speculation that the Nobel peace prize this year may recognize Arab activists.
The revolution will not be televised.   But just watching the images, and the live stream makes you wonder if the hipsters have taken notes from their predecessors.
But what does this kind of speech, and technique forebode? Watch!

 

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Quotes for the week ending 30 April, 2010

The press release is dead, whether or not it’s optimized for social media. When was the last time you sent a release to a reporter who then replied with enthusiasm about covering your story?

Len Gutman, at ValleyPRBlog

Maybe it’s the term press release that is antiquated. Perhaps it should be called a fact sheet or project overview.

Holly Harmon, a reader commenting on the above.

“We are Wall Street. It’s our job to make money. Whether it’s a commodity, stock, bond, or some hypothetical piece of fake paper, it doesn’t matter. We would trade baseball cards if it were profitable. I didn’t hear America complaining when the market was roaring to 14,000 and everyone’s 401k doubled every 3 years. Just like gambling, its not a problem until you lose. I’ve never heard of anyone going to Gamblers Anonymous because they won too much in Vegas.”

An email circulating this week, written by someone supposedly form Wall Street

“An enraging piece of utter nonsense”

Huffington Post, commenting on the “We aren’t dinosaurs” email above

 

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Interactive look at 2008 stock market crash

In time there will be some big-picture interactive tools that let people look back at the great stock market crash we are witnessing. The roller-coaster indexes, the side-effects of deregulation, and the people behind the collapse.

The New York Times mapped how the crisis unfolded.

Here is one more, from the Guardian newspapers in the UK.

 

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Deliver us from all spin cycles

Here’s my take on the the other culprit behind the Wall Street bubble – the use of language.

More specifically, getting employees to adhere to Talking Points that are meaningless, and downright deceitful.

Think before throwing employees into spin cycle.

(Contribution to Simply Communicate, a web site about internal communications)

 

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