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A Dedicated Team of Problem Solvers Can Help Big Companies Act Like Lean Startups

Harvard Business Review

There’s no use going to engineers with detailed product specifications before you really know what the customer wants. We have a lot of newer businesses that come to us for credit and we need to do due diligence on them. So it’s an incredibly labor intensive process for us to verify whether they are a good credit risk.”

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What Alan Greenspan Has Learned Since 2008

Harvard Business Review

In fact I think the evidence probably is conclusive that a necessary and sufficient condition for a bubble is a prolonged period of economic stability, stable prices, and therefore low risk spreads, credit-risk spreads. Well the question is, do you quash the bubbles? We at the Fed kept being concerned about bubbles.