William Gruver

former General Partner, Goldman Sachs

Guest

Former general partner at Goldman Sachs; Distinguished Clinical Professor of Management at Bucknell University

William Gruver on KCRW

Even Wall Street was stunned this week when Goldman Sachs announced  record quarterly profits  — more than it earned in all of last year — with the prospect of bonuses that could match…

Has Goldman Sachs Gone Back to the Good Old Days?

Even Wall Street was stunned this week when Goldman Sachs announced record quarterly profits — more than it earned in all of last year — with the prospect of bonuses that could match…

from Which Way, L.A.?

Even Wall Street was stunned this week when Goldman Sachs announced  record quarterly profits , just one month after it repaid $10 billion in taxpayer bailout money.

Has Goldman Sachs Gone Back to the Good Old Days?

Even Wall Street was stunned this week when Goldman Sachs announced record quarterly profits , just one month after it repaid $10 billion in taxpayer bailout money.

from To the Point

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A bone-chilling documentary about Roy Cohn, Donald Trump’s mentor, reveals the all-American evil that brought us modern-day politics.

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President Donald Trump holds a press conference.

Students are cutting class, and workers are striking worldwide.   At the UN, governments will be held accountable for promises made in the Paris Accords.

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Jet aircraft, carrier task forces and tanks consume vast amounts of fossil fuel--while emitting vast amounts of greenhouse gases. The Pentagon’s carbon footprint is bigger than those of many entire nations. Now, it’s caught in the middle. It’s a massive contributor to climate change, which is threatening its mission worldwide. Seaports and airstrips are being flooded or burned out, and restoring operations costs many millions of dollars. Meantime, environmental damage is leading to instability and the prospect of international violence. Water shortages have increased tensions in the Middle East and caused new hostilities between India and Pakistan, two nuclear powers. Russia and China are taking advantage of changing conditions. Will politicians who scorn environmentalists and mistrust climate scientists listen to the warnings of military leaders?

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Nearly 200 years ago, the Cherokee Nation signed a treaty with the United States. The result? They were forcibly removed from the Southeastern part of the U.S. to Oklahoma.

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In a world in which global opinion reigns, public diplomacy rooted in nationalism and propaganda will not save us from pressing crises.

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Climate change is an existential crisis. If Americans cut just one hamburger from their diet every week, it would be like taking 10 million cars off the road every year. After cutting energy use, less meat and more plant-based food add up to the easiest--and healthiest--way to reduce your carbon footprint. From the land and water needed to raise feed and the methane produced at the end of digestion, “Cattle are actually mini fossil-fuel, greenhouse gas producers.” So says Sujatha Bergen, head of health campaigns at the NRDC. As her title suggests, eliminating beef from your diet--in addition to pork and lamb-- is also better for you. She explains the trade-offs for helping to reduce climate change and says, “Starting with your fork is much less daunting for many people.”

from To the Point

A cartoon on the cover of the Economist says it all: leaders of the world’s two foremost democracies are scrambling to hold on. President Trump is faced with the possibility of impeachment. In the interests of Brexit, Boris Johnson is accused of lying to the Queen and defying Parliament. In both countries, voters are losing trust not just in their elected leaders but in their governments. The UK and the US aren’t alone, as the ideals of western democracy are being challenged by demagogues in other parts of the world.

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Starting October 29, LAX won’t allow curbside pickup from companies like Uber and Lyft.

from Greater LA