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Humor How the Financial Crisis Came About ...Maybe

In summary, a new CEO at Harley Davidson wanted to shake things up and got rid of a pizza delivery guy who he deemed a slacker, without realizing the guy was just making a delivery. This highlights the importance of strong leadership and treating employees with respect.
colegrovet
Gold Member
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How The Financial Crisis Came About ...Maybe

Harley Davidson, feeling it was time for a shake-up, hired a new CEO.
The new boss was determined to rid the company of all slackers.
On a tour of the facilities, the CEO noticed a guy leaning on a wall. The room was full of workers and he wanted to let them know that he meant business.
He walked up to the guy leaning against the wall and asked, "How much money do you make a week?"
A little surprised, the young man looked at him and replied, "I make $400 a week. Why?"
The CEO then hands the guy $1,600 in cash and screams, "Here's four weeks' pay, now GET OUT and don't come back!"
Feeling pretty good about himself, the CEO looked around the room and asked, "Does anyone want to tell me what that f*cking slacker did here?"
From across the room came a voice: "Pizza delivery guy from Domino's."
 
LOL -good one!

Of course it may not be too far off. I know all of us have several stories about how the company we work for has wasted money because of these kinds of things. Lack of communication, ego, poor planning, etc.
 


Wow, that CEO sounds like a real jerk. Instead of trying to improve the company, he just wants to get rid of anyone he deems as "slackers." It's no wonder the company is in trouble if that's the kind of leadership they have. And it's not like the guy was even a slacker, he was just a pizza delivery guy. It's important for companies to have strong leadership and make necessary changes, but it shouldn't come at the expense of treating employees with disrespect and disregard. Hopefully, the new CEO will learn to value his employees and work towards real solutions for the company's problems.
 

1. What caused the financial crisis?

The financial crisis of 2008 was caused by a combination of factors, including subprime mortgage lending, relaxed regulation and oversight of the financial industry, and excessive risk-taking by large banks and financial institutions.

2. How did the subprime mortgage lending contribute to the crisis?

Subprime mortgage lending, or the practice of issuing mortgages to borrowers with poor credit or financial history, led to a housing bubble and an increase in risky loans. When these loans defaulted, it caused a ripple effect throughout the entire financial system.

3. Was there any government involvement in the financial crisis?

Yes, the government played a role in the crisis by promoting policies and legislation that encouraged homeownership and relaxed regulations for banks and financial institutions. Additionally, the government bailed out several major banks and financial institutions during the crisis.

4. How did the financial crisis affect the economy?

The financial crisis had a widespread and severe impact on the economy, resulting in high unemployment rates, a decline in housing prices, and a decrease in consumer spending. It also led to a global recession, affecting countries around the world.

5. What has been done to prevent another financial crisis?

Since the 2008 crisis, there have been efforts to implement stricter regulations and oversight of the financial industry. The Dodd-Frank Act, passed in 2010, aims to prevent risky behavior and promote financial stability. However, there is ongoing debate about the effectiveness of these measures in preventing another crisis.

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