I’d be lying to you if I said everyone throughout the interview process is honest. The cold hard truth is that people will lie or embellish the truth. This holds true for hiring managers, human resources, recruiters and job seekers. Interviewing is like a beauty contest. You need to show your best side. Just as a person enhances their photo and profile on a dating app, and is almost unrecognizable when you finally meet for dinner, this happens all the time in the hiring game.
The number of people over the age of 55 who are participating in the workforce is down by 2 million, compared to pre-pandemic levels. The Great Recession of 2008 didn’t even result in this huge of a loss of senior, experienced workers.
Wall Street has a new regulatory sheriff, Gary Gensler. The former Goldman Sachs partner, head of the Commodities Futures and Trading Commission (CFTC) and professor at MIT will become the next head of the Securities and Exchange Commission (SEC).
Hester Peirce, a commissioner at the Securities and Exchange Commission, called for a “clear cryptocurrency regulatory regime,” as it is “urgently needed as major companies like Tesla Inc, BNY Mellon Corp, and Mastercard Inc embrace the alternative asset class,” reported Reuters.
Democratic Senator Elizabeth Warren is concerned over how some corporations may game the system to enrich their executives. Warren sent a letter to the Securities & Exchange Commission asking for the regulatory agency to review the manner in which publicly traded corporations permit insiders to buy or sell stock in their company.
In the middle of a pandemic and slow economic recovery, Americans think they’ve identified their Wall Street villain: hedge funds.
The WSJ reported that the SEC “will give more power to its enforcement staff to launch investigations,” which indicates “an early sign that it plans to become more assertive under the Biden administration.”
It seems that Congress, bored of impeaching Trump, now has new villains to pursue. Reddit CEO Steve Huffman, Robinhood co-CEO Vlad Tenev, and Keith Gill aka Roaring Kitty aka DeepF@#kingValue, Gabe Plotkin from Melvin Capital, and hedge fund Citadel’s Ken Griffin are all on the witness list for an upcoming hearing before the House Financial Services Committee.