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  It was a different time. Freudianism was having a heyday in the United States. If you were sophisticated you were in psychoanalysis. Cartoons in The New Yorker mocked how we discussed what our analysts said at cocktail parties. And, of course we put everyone else on the couch.  That included Richard Nixon and all the president's men. The psychobabble ranged from Nixon's insecurity to paranoia to grandiose personality. Overall, Watergate was sized up in the psychological terms of blind ambition. Not so, for the current Epstein files scandal. Those identified as Friends of Jeffrey are described in system concepts.  The close relationship of Bard president Leon Botstein and financial founder Leon Black with the monster is summed as how networking operates in the top tiers of society. There's no probing of their ID, Ego and Super Ego a la Freudianism.  Paul, Weiss partner Brad Karp is viewed from the cautionary perspective of getting too close to a client.  Techie...

  Dow Futures 47,729.00 Change + 917.00   1.96%   UPDATE: Market Summary  >  E-mini Dow Jones Industrial Average Index Futures 47,824.00  USD +1,012.00  (2.16%) today Apr 7, 10:46 PM CDT  •  Disclaimer

"Remember the poem 'If—' by Rudyard Kipling that begins 'If you can keep your head when all about you are losing theirs'? We will stay true to this. We must deal with the world we have — and strive for the one we want." Essentially that quote captures the tone and the content of JP Morgan Chase's Annual Letter , as created by its leader Jamie Morgan. It's a mashup of aspirational poetry and pragmatism. That operates on a platform of optimism about the resilience of the US economy. The bullishness is rooted in the twin realities that America has lasted 250 years and JP Morgan Chase has been around since 1799. The major risks to the economy include: Global conflicts Sustained inflation Private markets unrest Poor banking regulations. Simultaneously Dimon is bullish on AI. He doesn't see a bubble. The ambiguity is about which players will be the winners and which the losers. Already, as many of us know, there have been dire predictions. For example  O...

 That last line of the April 5th The Wall Street Journal article about Paul, Weiss reads: "The firm is making more money than it ever has" And that's likely the exact message new chair Scott Barshay wants to transmit, both internally and to all external constituencies. The culture shift he has rapidly established is about financial performance. Barshay keeps reinforcing that meme straight-off-the-shoulder. Without apology. Recall that The New York Times journalist David Enrich castigated Big Law's growing one-dimensional focus on Profits Per Equity Partner in his 2022 book "Servants of the Damned." Such a shame, was the takeaway, that the once-noble profession has mutated into a kind of ATM for money-hungry partners.   Since the money issue is nothing new, this should be obvious: Paul, Weiss finally has caught a break in the media through this article. For about a year it has been hammered in legacy media as well as social and professional networks.   Overal...

No surprise, with the Iran War fallout, Dow futures are down: Dow Futures 46,459.00 Change - 273.00   0.58%   But, there is some good news for those of us Boomers already receiving Social Security retirement funds. The grim projection the media loves publishing is that in six years our monthly payment could be reduced by up to 20%. For the average check that could mean $400. Well, I still put on my old journalism hat. What I am uncovering is that whether Congress acts or not to prevent this cut current retirees might not be affected. Those targeted are the unlucky folks just coming up on eligibility and those for whom the eligibility age could again be raised. The later could reach 70 years of age.  So, despite the curve balls that we Boomers had encountered since the mid-1970s, we might still be the luckiest generation in America.  Higher education was cheap. My undergraduate annual tuition was $700. And colleges still hadn't figured out they could make a killi...

  For a year and a half the good times rolled in job creation in legal services. Then, as Law360 reports, the sector lost 700 jobs in March 2026. It's premature to read into this. Essentially all the pontificating about the negative impacts of AI on demand for manpower is speculation. That applies to all sectors, not only legal services. However, junior lawyers should be wary. Yes, many large law firms are producing growth in revenue and profit. Some, such as Paul, Weiss, continue to punch above their weight. Expansion is global.  But, that doesn't ensure anything for hiring, retaining and promoting manpower. Actually, even the top tiers aren't safe. If M&A business doesn't juice Profits Per Equity Partners even equity partners could be de-equitized. Earning a Good Living in 2026 Involves Mental Combat. The enemy is usually your own thinking. Complimentary consultation. No Pressure. Solid Guidance. Contact Jane Genova janegenova374@gmail.com.