A whole generation of talent wasted

Top graduates have flocked to the financial services sector for decades. Employment in this sector has ballooned. These jobs have not been created to support the two key roles of the financial sector  – allowing money to be used efficiently as a method of payment and lending to solvent borrowers – but to play at the casino table that was created by ever more lax regulation in the face of global competition for the provision of financial services.

The financial sector will massively Continue reading “A whole generation of talent wasted”

Parrallels with pyramid selling or MLM

Pyramid selling or multi-level marketing has some interesting aspects to it and some firms have applied these aspects to their distribution models very effectively. Others have applied them less effectively and even dangerously. One sector that has applied some of the principles of pyramid selling is the financial services sector. Here’s how. Continue reading “Parrallels with pyramid selling or MLM”