{"id":2945,"date":"2008-11-22T18:34:03","date_gmt":"2008-11-22T22:34:03","guid":{"rendered":"http:\/\/chimeraobscura.com\/vm\/?p=2945"},"modified":"2008-11-22T18:34:26","modified_gmt":"2008-11-22T22:34:26","slug":"and-for-another-thing-its-city-group","status":"publish","type":"post","link":"http:\/\/chimeraobscura.com\/vm\/and-for-another-thing-its-city-group","title":{"rendered":"And for another thing: it’s “City Group”!"},"content":{"rendered":"

From the intro of Eric Dash & Julie Creswell’s long NYT article on the collapse of Citigroup<\/a>:<\/p>\n

Our job is to set a tone at the top to incent people to do the right thing and to set up safety nets to catch people who make mistakes or do the wrong thing and correct those as quickly as possible. And it is working. It is working.<\/p>\n

–Charles O. Prince III, Citigroup\u00e2\u20ac\u2122s chief executive, in 2006<\/p><\/blockquote>\n

I believe that anyone who uses “incent people” rather than “give people an incentive” is prone to taking shortcuts and shouldn’t be allowed to gauge risk for other people.<\/p>\n","protected":false},"excerpt":{"rendered":"

From the intro of Eric Dash & Julie Creswell’s long NYT article on the collapse of Citigroup: Our job is to set a tone at the top to incent people to do the right thing and to set up safety nets to catch people who make mistakes or do the wrong thing and correct those … <\/p>\n

Continue reading “And for another thing: it’s “City Group”!”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[27],"tags":[453,452,454,455],"class_list":["post-2945","post","type-post","status-publish","format-standard","hentry","category-big-business","tag-charles-prince","tag-citigroup","tag-eric-dash","tag-julie-creswell"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4C7K-Lv","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":17239,"url":"http:\/\/chimeraobscura.com\/vm\/episode-618-the-guest-list-2024","url_meta":{"origin":2945,"position":0},"title":"Episode 618 – The Guest List 2024","author":"Gil","date":"December 22, 2024","format":false,"excerpt":"Virtual Memories Show: The Guest List 2024 It's time for our year-end Virtual Memories Show tradition, now celebrating its twelfth anniversary: The Guest List! I reached out to 2024's pod-guests and asked them about the favorite book(s) they read in the past year, as well as the books or authors\u2026","rel":"","context":"In "Art"","block_context":{"text":"Art","link":"http:\/\/chimeraobscura.com\/vm\/category\/art"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/IMG_2197.jpeg?fit=1200%2C583&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/IMG_2197.jpeg?fit=1200%2C583&resize=350%2C200 1x, https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/IMG_2197.jpeg?fit=1200%2C583&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/IMG_2197.jpeg?fit=1200%2C583&resize=700%2C400 2x, https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/IMG_2197.jpeg?fit=1200%2C583&resize=1050%2C600 3x"},"classes":[]},{"id":17013,"url":"http:\/\/chimeraobscura.com\/vm\/episode-602-dash-shaw","url_meta":{"origin":2945,"position":1},"title":"Episode 602 – Dash Shaw","author":"Gil","date":"August 27, 2024","format":"audio","excerpt":"Virtual Memories Show 602: Dash Shaw \"Someone told me that reading this book after COVID felt like being a crowd of people again, and that felt great.\" Cartoonist and animator Dash Shaw returns to the show to celebrate his phenomenal new graphic novel, BLURRY (New York Review Comics). We talk\u2026","rel":"","context":"In "Art"","block_context":{"text":"Art","link":"http:\/\/chimeraobscura.com\/vm\/category\/art"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/shaw2024comp.jpg?fit=1200%2C570&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/shaw2024comp.jpg?fit=1200%2C570&resize=350%2C200 1x, https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/shaw2024comp.jpg?fit=1200%2C570&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/shaw2024comp.jpg?fit=1200%2C570&resize=700%2C400 2x, https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/shaw2024comp.jpg?fit=1200%2C570&resize=1050%2C600 3x"},"classes":[]},{"id":14795,"url":"http:\/\/chimeraobscura.com\/vm\/episode-457-dash-shaw","url_meta":{"origin":2945,"position":2},"title":"Episode 457 – Dash Shaw","author":"Gil","date":"October 26, 2021","format":"audio","excerpt":"Virtual Memories Show 457: Dash Shaw \"With all of the things that I do, the form and the content have to feel like they're perfectly synced, that they're each boosting each other up. It also has to be connected with how they're made.\" Cartoonist and animator Dash Shaw joins the\u2026","rel":"","context":"In "Art"","block_context":{"text":"Art","link":"http:\/\/chimeraobscura.com\/vm\/category\/art"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/dashshawcomp.jpg?fit=1200%2C503&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/dashshawcomp.jpg?fit=1200%2C503&resize=350%2C200 1x, https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/dashshawcomp.jpg?fit=1200%2C503&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/dashshawcomp.jpg?fit=1200%2C503&resize=700%2C400 2x, https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/dashshawcomp.jpg?fit=1200%2C503&resize=1050%2C600 3x"},"classes":[]},{"id":762,"url":"http:\/\/chimeraobscura.com\/vm\/cant-jump-etc","url_meta":{"origin":2945,"position":3},"title":"Can’t jump, etc.","author":"Gil","date":"December 13, 2005","format":false,"excerpt":"Nice article on Slate about the idiocy in comparing every white basketball player to Larry Bird. Here's a taste: Want proof that getting compared to Bird is a one-way ticket to the Caucasian basketball graveyard? A list of players who've been identified as Bird-like reads like the roster of a\u2026","rel":"","context":"In "basketball"","block_context":{"text":"basketball","link":"http:\/\/chimeraobscura.com\/vm\/category\/sports\/basketball"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15214,"url":"http:\/\/chimeraobscura.com\/vm\/episode-484-julie-phillips","url_meta":{"origin":2945,"position":4},"title":"Episode 484 – Julie Phillips","author":"Gil","date":"May 3, 2022","format":false,"excerpt":"Virtual Memories Show 484: Julie Phillips \"When you have kids, you can find yourself really interested in writers and artists who leave their children. It's not usually about wanting to leave your own children, but about wanting to have your old self back. Author & biographer Julie Phillips joins the\u2026","rel":"","context":"In "Art"","block_context":{"text":"Art","link":"http:\/\/chimeraobscura.com\/vm\/category\/art"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/juliephillipscomp.jpg?fit=1200%2C766&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/juliephillipscomp.jpg?fit=1200%2C766&resize=350%2C200 1x, https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/juliephillipscomp.jpg?fit=1200%2C766&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/juliephillipscomp.jpg?fit=1200%2C766&resize=700%2C400 2x, https:\/\/i0.wp.com\/chimeraobscura.com\/vm\/wp-content\/uploads\/juliephillipscomp.jpg?fit=1200%2C766&resize=1050%2C600 3x"},"classes":[]},{"id":242,"url":"http:\/\/chimeraobscura.com\/vm\/once-in-a-lifetime","url_meta":{"origin":2945,"position":5},"title":"Once in a Lifetime","author":"Gil","date":"May 4, 2004","format":false,"excerpt":"I saw some of Pat Tillman's memorial service yesterday evening. Senator McCain was speaking when I tuned in, followed by Chief Petty Officer Steven White, who served with Tillman in Iraq. I didn't catch his introduction, but I think he was a SEAL in the Navy.He spoke wonderfully and plainly,\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"http:\/\/chimeraobscura.com\/vm\/wp-json\/wp\/v2\/posts\/2945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/chimeraobscura.com\/vm\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/chimeraobscura.com\/vm\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/chimeraobscura.com\/vm\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/chimeraobscura.com\/vm\/wp-json\/wp\/v2\/comments?post=2945"}],"version-history":[{"count":3,"href":"http:\/\/chimeraobscura.com\/vm\/wp-json\/wp\/v2\/posts\/2945\/revisions"}],"predecessor-version":[{"id":2948,"href":"http:\/\/chimeraobscura.com\/vm\/wp-json\/wp\/v2\/posts\/2945\/revisions\/2948"}],"wp:attachment":[{"href":"http:\/\/chimeraobscura.com\/vm\/wp-json\/wp\/v2\/media?parent=2945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/chimeraobscura.com\/vm\/wp-json\/wp\/v2\/categories?post=2945"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/chimeraobscura.com\/vm\/wp-json\/wp\/v2\/tags?post=2945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}