Jim Paymar - Direct Action - is my effort to focus attention on environmental and political problems that affect each and every person living on our collective home, planet Earth. My aim is to help inform people about the critical issues that threaten to destroy this fragile Earth.
If each and every one of us took one direct action every day we could bring about the change we desperately need to preserve our way of life and bring prosperity to the rest of the world.
Goldman Sachs, in order to turn this reputation disaster around before it causes permanent and irreparable damage, is going to have to take the lead on reforming finance. It is a company with the intellect, the wealth, the power and the connections to do so.
If the company were to become contrite about its financial engineering and work with legislators and regulators on eliminating risky and unsafe investment ventures that caused the financial system to teeter on the brink, it would go a long way toward reestablishing its credibility.
You might call it the ultimate reputation management turnaround story. It began in 2000 at Ford Motor company, one of America's oldest and most venerable car companies. It was a rough road at the beginning of the decade, Ford was embroiled in a nasty legal fight with tire maker Bridgestone and its Firestone unit.
Ford and Bridgestone were pointing fingers ateach other over safety problems that allegedlycaused a spate of rollover related crashes that resulted in 174 deaths in the U.S.
Bridgestone claimed Ford's design was at fault and refused to recall all the tires Ford wanted off the road.
Ford ended up shelling out $2.1 billion to recall 13 million tires it claimed were the problem. The two companies severed there 95 year business relationship.
Welcome to Jim Paymar - Direct Action. I hope you enjoy the writing and I would love to hear your comments and how you have taken direct action to help solve even the smallest problem. I would also appreciate your help in helping me grow the viewership of this blog. Send it on! http://jimpaymar.blogspot.com
Jim Paymar is a journalist and media consultant based in New York. Paymar has had a 25 year career as a broadcaster, anchoring and reporting the news at CNBC, FOX, WNBC-TV and WABC-TV New York, KRON-TV San Francisco, KOMO-TV Seattle, KNTV San Jose, the nationally syndicated "American Journal" and began his career in radio at CKDA in Victoria, B.C. Paymar has won four Emmy's for writing, documentary and talent. He has also won a National Headliner and two UPI's awards for investigative reporting. Paymar has also been the General Manager of KCNS-TV in San Francisco and the Editorial Director at KNTV in San Jose.
"There's enough on this planet for everyone's needs but not for everyone's greed" -Mahatma Ghandi
"There are risks and costs to a program of action, but they are far less than the long-range risks and costs of comfortable inaction" -President John F. Kennedy
"Most of the things worth doing in the world have been declared impossible before they were done" -Louis Brandeis
Will the United States live up to it's potential and begin leading on reducing pollution levels or will corporate greed, driven by lobbyists in Washington bring us more environmental degradation?
Goldman Sachs, in order to turn this reputation disaster around before it causes permanent and irreparable damage, is going to have to take the lead on reforming finance. It is a company with the intellect, the wealth, the power and the connections to do so.
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