Wednesday, October 8, 2008

Don't Tell Me, Wall Street's Got A Weight Loss Plan!

By Henry John

Wall Street's got a weight loss plan? Haven't they got other things to think about right now? Perhaps they've all been looking in the mirror and decided that a change of image might not be such a bad idea! Slim and lithe might do the public perception of the nation's top bankers a bit of good - best to try and not look so well-off and well fed, perhaps.

Whatever the case, what we are witnessing is what happens when excess and greed gets out of hand. It has been allowed to go on for so long that the very survival of the 'institution' has been brought into question. It is not in a healthy state.

So what's all this got to do about weight loss? Well, quite a lot. Much of weight gain can be put down to excess and greed. That may sound a little harsh, but we are all responsible for our own actions. It may not be true in all cases, but a bit of honest reflection might just reveal some unpleasant truths. If we continue to ignore reality we may suffer a health breakdown too.

If Wall Street is going to return to better health it's going to have to change. It's going to adopt new ways of behaviour and learn new habits.

By learning new habits, and if it can maintain those new habits, (with a little help from a more watchful regulator) it can enjoy a healthy future.

This scenario very much applies to us too. Occasionally the error of our ways needs to be made clear to us. If it isn't we will happily wander down the road, untroubled and unconcerned until it's too late to do anything to retrieve the situation. We all know what cause and effect is all about. We need to stop ignoring it.

Excess and greed on Wall Street is no longer an acceptable. If you are overweight or obese it should no longer be acceptable to you either. Time perhaps, to use what has happened on Wall Street as a timely prompt?

What has been happening on Wall Street is all about survival. To survive Wall Street is going to have to change if it wants to have a healthy future. If we are overweight or obese and we want to have a healthy future, we need to change too. The process will be the same. We need to understand and recognize the behaviors that caused the problem in the first place and then we need to learn new habits in order to make effective, long-lasting change. New behaviors will help us to have a healthy future - Wall Street too.

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