micdotcom
If those of you here today as stewards of these large financial institutions do not do your part in pushing forcefully for change across the industry, then bad behavior will undoubtedly persist. If that were to occur, the inevitable conclusion will be reached that your firms are too big and complex to manage effectively. …

I reject the narrative that the current state of affairs is simply the result of the actions of isolated rogue traders or a few bad actors within these firms. The problems originate from the culture of the firms, and this culture is largely shaped by the firms’ leadership.
medievalpoc

medievalpoc:

The history that you learn in school depends on which political party is in power in your district. Even college presidents are trying to control which version of History young people are allowed to learn.

People can say what they like about Medievalpoc “pushing an agenda”. My point? There…

micdotcom
micdotcom:

3 historic failures show why the CIA should stop secretly arming rebels worldwide 

1. The Bay of Pigs Invasion, Cuba, 1961
In 1961, the CIA financed and trained a group of Cuban refugees, mostly from Miami, to topple the communist government of Fidel Castro with a ground invasion supported by CIA-supplied B-26 bombers. At the onset, the paramilitary troops, numbering 1,400, overwhelmed local militia after landing at the Bahía de Cochinos (Bay of Pigs) on the southern coast of Cuba, but Castro’s forces defeated the troops in just three days.
The failed invasion was an embarrassment for U.S. foreign policy. It also strengthened Castro’s resolve to adopt socialism and cultivate stronger ties with the Soviet Union. The defeat made President John F. Kennedy, then only three months into his presidency, look weak at the height of the Cold War. It set a dangerous precedent. Though Kennedy helped avoid a nuclear war later on during the Cuban Missile Crisis of 1962, his faux pas with the Bay of Pigs operation is indelibly seared into military minds. It’s emblematic of serious U.S. military blunders, and it underpins every strategic decision the U.S. makes.
Then there was the Contra War in Nicaragua | Follow micdotcom

micdotcom:

3 historic failures show why the CIA should stop secretly arming rebels worldwide 

1. The Bay of Pigs Invasion, Cuba, 1961

In 1961, the CIA financed and trained a group of Cuban refugees, mostly from Miami, to topple the communist government of Fidel Castro with a ground invasion supported by CIA-supplied B-26 bombers. At the onset, the paramilitary troops, numbering 1,400, overwhelmed local militia after landing at the Bahía de Cochinos (Bay of Pigs) on the southern coast of Cuba, but Castro’s forces defeated the troops in just three days.

The failed invasion was an embarrassment for U.S. foreign policy. It also strengthened Castro’s resolve to adopt socialism and cultivate stronger ties with the Soviet Union. The defeat made President John F. Kennedy, then only three months into his presidency, look weak at the height of the Cold War. It set a dangerous precedent. Though Kennedy helped avoid a nuclear war later on during the Cuban Missile Crisis of 1962, his faux pas with the Bay of Pigs operation is indelibly seared into military minds. It’s emblematic of serious U.S. military blunders, and it underpins every strategic decision the U.S. makes.

Then there was the Contra War in Nicaragua | Follow micdotcom