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  Boomers lived through both the British John Profumo scandal - national security at risk, government tumbled - and witnessing the system work after the Watergate break-in - presidential power curbed.  What's playing out daily after the release of the Epstein files could be even more disruptive, at least for the time being. Over in the UK, we all know that former Prince Andrew is finished. In addition, the rest of the royals are suffering residual backlash. Also finished is former Ambassador to the US Peter Mandelson who is being investigated for sharing confidential market-sensitive information with Epstein. Prime Minister Keir Stamer , who appointed Mandelson, might have to step down. Yes, it's all that ugly. Expect more ripple effects. Across the ocean, here in the US the fallout is reshaping everything from reputations/legacies to careers to institutions. One-time Sun God in the field of linguistics Noam Chomsky  has been rebranded from owning the territory to Friend ...

Dow Jones Industrial Average INDEXDJX: .DJI 49,739.07 +830.35 (1.70%)today Feb 6, 10:13   AM EST  •    CNBC sizes this up as: "Stocks rose on Friday, positioning the market for a positive end to a volatile week that saw investors disappointed over tech stocks and fearing a cryptocurrency collapse." Some of us Boomers view this as hope that we over-80 won't have to take work we don't want. I am still working. It's what I love. And, with my investments, not a pressing have-to. At least, not yet. Success is a mental game. Failure comes from being done in by the “committee” in your head. Together, we liberate your thinking. Then we change your story. And, unleash success. Meanwhile, we focus on bringing in income. That puts you in a position of strength. Intuitive Coaching. Special expertise with transitions, becoming a solopreneur and aging. Psychic/tarot readings, upon request. Complimentary consultation with Jane Genova (Text 203-468-8579,  janegenova374...

On Reddit Big Law and a range of job-related subreddits the question keeps popping up: Should the poster train to be a paralegal or is that going to be on the chopping block because of the double whammy of AI and the cost-efficiency mandates? Well, in the UK, documents Brit legal tabloid RollonFriday , that's already happening. For example, Freshfields and Irwin Michell laid off paralegals. And in the broader category of service employees in the legal sector: " Baker McKenzie  is laying off up to a tenth of its global business services workforce as part of a reorganisation [UK Spelling] driven in part by its increased use of AI." Back in November Clifford Chance did a similar 10% cut on support staff. Here in the US there's more focus on the security of lawyer jobs.  Paul, Weiss  and  Sullivan and Cromwell  sketched out how career paths in the legal sector could and probably will implode. Because of AI, demand will plummet for junior lawyers. Also because of AI...

  Futures don't look too good: Dow Futures 48,818.00 Fair Value 48,986.22 Change - 180.00   0.37%   Implied Open - 168.22

  Some of us who follow the legal sector remember this anecdote: When partner at elite law firm Paul, Weiss Brad Karp was voted in as chair in 2008, he and his mother cried together. Although his mother had operated a law firm with her late husband this kind of success in the practice of law was probably never envisioned. Immediately Karp rolled up his sleeves - and disrupted. That included expanding the firm from Wall Street litigation to broad-scope transactional. He was so confident in his growth vision that he didn't, as did many other law firms in The Great Recession, lay off first-year associates. More recently he transformed the London office into a powerhouse by multiple talent raids on global Goliath Kirkland & Ellis. From 2008 until 2024 during his leadership Profits Per Equity Partner increased 183%.  Today the era of his leadership ends. As this press release from Paul, Weiss announces, Karp is stepping down from being the chair. Scott Barshay, who had headed ...

  Many critics such as John Semley at The New Republic  gave the documentary "Melania" the thumbs-down. Those critics include the majority on Rotten Tomatoes. But, for a documentary "Melania" proved to be a commercial success. The New  York Times reports: “'Melania' had the best result for a wide-release documentary, excluding concert films, since 2012, when the nature film “Chimpanzee” arrived to $10.7 million, after adjusting for inflation, according to Comscore data." When it comes to film-making in this AI era when many of the moving parts can be taken over by technology commercial potential and actual results are what matter. Critics could be becoming as irrelevant as the growing number of brilliant content-creators in this era of AI. The issue could be becoming: What creative activity can generate positive financial returns - and at what level? What the production or performance or publication is in quality or fitting what taste could be mutating...