The surprise resignation of PIMCO’s Mohamed El-Erian rocked the investment world. Such an abrupt leadership change is almost unknown among investment firms, and with El-Erian’s sky-high public profile his departure was even more newsworthy. The change signals a big shift for PIMCO and a greater focus on restoring its performance after a poor few years. […]
Thanks to a strong and unexpected performance today, New Jersey Governor Chris Christie is likely to survive the “bridgegate” traffic-blocking scandal. He took a risk that few political or business leaders caught in a scandal could even imagine, holding a two-hour, unscripted press conference to take all questions on the subject.
The ballots are in, and we are pleased to announce the winners of our annual Risk Communication Award for 2013, which recognizes those who used communication to skillfully take and manage risk in the past year. Take your seat, top up your champagne and read on.
It’s the time of year to reflect on life, business – and our best and worst posts. Your diligent scribe here at the Risk Matters blog had a few observations that proved prescient. Oh yes, there were some clunkers, too.
Bloomberg News has landed in an unusual place: the front page of the New York Times, in an article saying Bloomberg pulled back on a controversial story to avoid angering China’s leaders. Bloomberg News Editor-in-Chief Matt Winkler denied it, but the Times ran the piece anyway. He shouldn’t have been surprised. Some stories are unstoppable, […]
It’s not easy to be in the news business today. Reuters said recently it will cut its newsroom staff by five percent – a sharp turnabout from two years ago when it was boldly hiring talent from rival news organizations. There are bright spots in the business, but they happen to be far away from […]
Elon Musk, entrepreneur and PR genius, has done it again. He boldly predicted that the arrival of a self-driving car was just three years away. The press took note, and Mr. Musk found himself on the front page of the Financial Times. His gambit shows that an outlandish statement can have a very practical purpose.
There’s something to be said for surprise. It keeps us on our toes and makes life interesting. That’s especially true in financial markets, where we’ve grown accustomed to apparent certainties – from “consensus” earnings estimates to interest-rate forecasts. So it was good to see Fed Chairman Ben Bernanke remind everyone on Wall Street that Fed […]
Do companies go too far by trying to control what their employees post on LinkedIn? A guest post by LinkedIn expert Bruce Segall looks at the issues.
Jeff Bezos scored a big win on his day-long visit to the Washington Post this week, brilliantly playing against his image as a guy who’s been shy around reporters his entire career. His visit holds lessons for every chief executive.