388 karma · joined June 1, 2009
It’s worrying to have a capacity like this so concentrated in one company (whatever the leanings of the figurehead) but hard to see how that changes unless others start using the same methodology
Even if you support the idea in principle, the actual practical implementation should be treated with skepticism.
Taking a flailing org and being visibly a part of turning them around will open a lot of doors in your current company. Notably those open doors won’t really translate if you switch jobs. If you switch jobs you’ll have to rebuild the trust that senior middle-management have in you.
At the end of the day if you want to find a small niche and stay in it then senior staff+ is likely not for you unless your technical area is in demand and very complex.
I've never liked the Lego kits (even as a kid) for the reasons already mentioned. You build them once and then the (building) creativity is gone. Give me a pile of 4x2 bricks any day.
From the employee side there's also risk, while you can switch jobs on an H1B it's not trivial and startups have a tendency to go under (luckily my current employer is kicking ass so my chances of an unemployment related deportation are very close to 0 but it still worries me at times). Having your company go under is never fun, that coupled with facing a deadline to find another job with visa related friction slowing the process down is not something I'd like to try.
On the upside working for a US startup is an amazing experience. Ireland has some hardy souls trying startups but it's like another planet over here. A lot more energy and enthusiasm around starting something new and people don't treat startups like a last ditch attempt at employment which is nice.
>>> from decimal import Decimal
>>> 2 * Decimal("3.1")
Decimal('6.2')Paying $2 per episode on amazon or iTunes for a show you are only going to watch once makes very little sense as does paying $60+ for a cable subscription (assuming the content you want to watch is not HBO etc.) if you only want to watch a couple of shows.
"First, the proposed settlement only calls for loan modifications that would produce a greater “net present value” than foreclosure — that is, for offering deals that are in the interest of both homeowners and investors. The outrageous truth is that in many cases banks are blocking such mutually beneficial deals, so that they can continue to extract fees."
Can we not all agree that practices like that are predatory and an abuse of power? I really want to hear an argument about how an institution that holds as much sway over someones life as a mortgage holder would be justified in taking actions like this. The Republican party is traditionally ani-government intervention but they are elected by people, a non-trivial number of whom have to be getting screwed as badly by this as people who vote Democrat. I can't really see any grey area here unless the article is grossly misrepresenting the facts of the situation.
We also pronounce R like 'or' instead of 'are' which causes endless amusement every time I use the abbreviation HR in the states.
[1]http://www.pixiq.com/article/maryland-motorcyclist-spends-26...
[2]http://newsone.com/nation/newsonestaff2/chad-holley-brutally... - the video was initially suppressed
I've seen a bunch of government software contracts go down this road, they all try to use the same "tried and trusted" solution even when the assumptions that underpin it have changed wildly (developers are just looking to play with fancy toys and so can't be trusted). They hire based on cost, 3 developers being paid 20k are worth as much as one developer being paid 60k and generally won't fight to retain staff. I find this incredibly ironic since government projects are often challenging and novel, they are dealing with scales or activities that businesses (mostly) don't touch. It always struck me that the area crying out for a creative, original solutions implemented by a film crew team.
Bank of Ireland and Allied Irish Bank were profitable (extremely so in the context of the Irish economy) and if kept in government hands would eventually make back their losses. Anglo made it's profits on the back of the property bubble, not something that will be repeated any time soon.
This is the perspective of an Irish economist on the debacle: http://www.ronanlyons.com/2011/01/18/the-irish-bank-sandwich...