The Decade's Movers and Shakers
Who and what were they?
With 2010 fast coming to a close, we say goodbye to another decade and enter one anew.
2001-2010 was not without its drama; we saw the horrors of terrorism with 9-11, we had the wars in the Middle East, there were epidemics, massive oil spills, nut job dictators, and possibly every other misfortune to contend with.
It wasn’t all that bad though; we saw the first black president go into office (doesn’t mean I like him), we had once-poor nations rise in prosperity, we also saw a multitude of technological and medical breakthroughs.
And in our world of finance, it was just as interesting.
We came into this decade with a bubble bursting, and soon, we leave it with the ruins of 2007 still aflame.
LTCM shut its doors just as the Dot Com bubble was inflating.
As it burst, we saw companies disappear; and Enron became synonymous with greed and fraud.
Europe united under a single currency.
China rising.
On Wall Street, the quants took over.
The rise of Real Estate, the return of Mega buyouts, the bonuses, and all the perils of exuberance from therein.
That said, what were the real gamechangers of this decade?
And who were the people who influenced it the most?
Arguably it’s the financial crisis that has left most monkeys reeling, it’s been years now and still the outlook going forth is uncertain, so it definitely takes the cake as far as I’m concerned.
But the rise of China and the rest of the Emerging Markets is nothing to scoff at, neither is the move to algo.
As for who, I’m leaving that to you guys. Is Blankfein Wall Street’s Man of the decade? Holding court at GS as it took center stage makes him a contender. How about Bernanke and his policies? Schwarzman and Blackstone’s rise? Or is it that cunt Madoff?
Who should it be? Who was most influential?
Enjoy your weekend WSO.
What Jamie did at Bank One/JP was absolutely amazing... he has to be in the running
Here's the Onion's take: http://www.theonion.com/channels/our-annual-year-2010/
This decade will most certainly be remembered in China, India, Brazil, Turkey and Indonesia (and others) as the decade of economic growth. That's a little over 3 billion people who saw significant increase in living standards (well, most of them, still a long way to go). I grew up in India and there is such a marked difference in purchasing power and living standards of the middle class when you compare 2001 and 2010. My flatmate, from Guangzhou (China), agrees.
As far as the 'who' question goes - Should we forget George W Bush? From the Afghan and Iraq invasions and the war on terror to bailing out Wall Street, I doubt any one person had more of an impact on world events, in this decade than GWB.
The true players conceal in darkness.
+1
+1
the decade ended in 2009 good lord dont you remember all the "best of the decade" last year.
Totally agree. No one ever says the George Bush got elected in the 90's.
Oh, I'm so sorry T4S, I didn't know the first year ever was year zero. Your semantics as usual is such a benefit here, thank you so much.
Go choke on cum you fucking know it all.
I read your post with No Love by Lil Wayne blasting and it sent shivers down my spine.
My vote goes for our man G Dub. A champion of politics, no matter what the haters say.
Its an Eminem song.
But I agree with your nomination of Dubbya. For better or worse, he sculpted the past decade. Plus, there's always THIS:
That was the most inspirational moment of the decade, IMO.
will b europe bank rupt black presid ant and us with 14 trill debt and bonds about to explode
My dick.
It's so big it was part of the government bailout plan.
so you're saying your dick failed?
Impossible, it's too big to fail.
the decade definitely ended a year ago. nice try writing something meaningful
burn
Omnis occaecati est et corrupti. Modi temporibus quis possimus omnis odio. Nemo voluptatem distinctio explicabo aut quo voluptates in cumque. Praesentium accusantium velit labore. Alias ut sed perferendis commodi. Voluptatem nihil magnam hic fuga quae ipsam molestiae.
Quasi deleniti nesciunt quia eum. Maxime vel impedit reiciendis tempore incidunt. In aperiam minus vero non quas. Velit excepturi voluptatum blanditiis quia deleniti. Impedit commodi perspiciatis inventore officiis officia. Veniam id dolorem nesciunt explicabo corporis dolores enim. Est cupiditate exercitationem libero.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...