Xiang Ji’s Bookshelf

You Don’t Need To Innovate In Finance; You Don’t Need To Invent Anything New

Archive for January, 2009

Jan 26, 2009: American Consumers

The State of the American Consumers – Last Year


Jan 21, 2009: Quote of the Day

Most bankers retire by 45. Couple of group/division heads in their 50s, but they are the top 1%. -By 30, 33% of the associates are cut, never make it to VP, layoffs, or just hate it -By 35, another 33% are gone because they realize they are not “salesman” -By 40, 30% more go b/c [...]


Jan 21, 2009: Picture of the Day

From the Financial Times:


Jan 19, 2009

The Best Analysis on the Credit Crunch: Guy Hands