Eliminating the Fear of Social

The recent furor over Wall Street’s handling of Facebook masks a deeper issue – banking’s almost paranoid discomfort with social networking. The cultures couldn’t be more extreme. While capital markets favor opaqueness, social networking is all about transparency. Surely any bank’s nightmare would be to have its trading strategy posted on Facebook. Yet it is…

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The Real Value of Facebook?

There has been much wailing and gnashing of teeth over the recent Facebook IPO but less consensus over the long term value of the company. And bad news begets bad news. Even issues like outages gain national attention as if they were part of some deeper, darker story. Have we forgotten that the real purpose…

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