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Do Commodities Speculators Make Things Cost More?

Harvard Business Review

The involvement of banks such as Goldman and J.P. Or is the problem simply that speculators have taken over the market for a crucial commodity? Markets that existed mainly for the convenience of industry have become dominated by exchange-traded funds, hedge funds, and investment banks. Morgan in the metals trade?

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How Could I Miss That? Jamie Dimon on the Hot Seat

Harvard Business Review

It's easy to assume that Jamie Dimon, the accomplished CEO of JPMorgan Chase, was simply stonewalling when he claimed that mounting trading losses in his bank were "blown out of proportion" — that he was unaware of how grave the situation really was. But I believe that Dimon literally didn't see perceive disaster unfolding before him.

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What an Economist Brings to a Business Strategy

Harvard Business Review

In the 1900s, French mathematician-economist Leon Walras envisioned prices in a market economy being set by an auctioneer (since known as the “Walrasian auctioneer”) conducting continuous auctions for all kinds of commodities. Economists and market design. Economists and finance. But that would be a mistake.

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50 Companies That Get Twitter – and 50 That Don’t

Harvard Business Review

Moreover, Twitter is used by virtually all big Western companies either for marketing or to respond to customers—and sometimes both. The energy, finance, and technology sectors tend to tweet using a male-biased tone of voice. A third of the companies in our study have separate accounts for customer service and marketing.