"Only a line executive is a true banker. A staff executive was not." In 1998, journalist Tom Wolfe anticipated a decade after the fall of Lehman Brothers. Wolfe was a shrewd, provocative, sharp, incorrect writer and scourge of progress comfortably installed in luxury - in turn the product of comfort provided by his political positions. In a whole man , he warned that, in full consumerist delirium, spoiled and pulled by politicians, such prodigality hung by a thread and bankruptcy would generate a lethal butterfly effect.
In the novel, the staff executive laments: "If you were an arbitrator who insisted on showing the madness and blowing the whistle, they ran over you, laughed at you and made you feel ripped off and outdated." The line executive was the aggressive employee who opened new business channels, generated extra income and trusted credit to marketing objectives. "At the end of the nineties the boom was underway, the real estate sector burned and a splendid and vertiginous madness permeated the air." The bank in question did not calculate the risks of financing the megalomania of a gañán , former professional athlete, successful real estate developer, ordinary and quail hunter villager from a state of the solid south.
Wolfe's originality, daring and carelessness lies in embedding the financial crisis in what he calls the Atlanta style , that is, the political business. The leaders of Georgia and the city not only wanted to organize an Olympics in 1996, they wanted those of the centenary. Wolfe explains the contubernio and rinses between promoters, contractors, lobbyists and unions. The Atlanta style makes everything flow and everyone wins. The magnates finance black candidates to guarantee social peace and cordiality. The power structure should remain well oiled. "You are getting brown in the face of the elections!" A friend reproaches the mayor slyly.
When the first alarms went off, tycoon Croker broke away from a safe but unattractive business. He executed layoffs in the cold store of his supermarket chain, located in Oakland, on the bad side of San Francisco Bay. It was the good and hard work of Conrad, who worked hard, with frozen mucus, at $ 14 an hour and 50 degrees below zero to experience the American dream. Conrad turned to Epictetus, Zeus and the Stoics to overcome their misfortune ... Then there was still no Trump .
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