Research and visual aids for INV

This is a running list of images and video for the INV storyline written by Eisa Davis, first workshopped for presentation in February 2013 at HERE’s Culturemart festival in New York City. INFO & TRADING ROUNDS. Mayor Bloomberg ringing the NYSE opening bell, Oct 31, 2012 And for something sillier, Robert Downey Jr. ringing to … Continue reading

German and Japanese Stakeholder Capitalism

People in Germany and Japan…do not have quite the same views about money and motives as Gordon Brown and Bill Clinton have. They tend to believe that, although money is a splendid thing to have, and few people would not put themselves out to get some, if you want to know why people work hard, … Continue reading

Current denominations of U.S. currency

Wikipedia says: Currently printed denominations are $1, $2, $5, $10, $20, $50, and $100. Notes above the $100 denomination stopped being printed in 1946 and were officially withdrawn from circulation in 1969. These notes were used primarily in inter-bank transactions or by organized crime; it was the latter usage that prompted President Richard Nixon to issue an executive order in 1969 halting their use. With … Continue reading

It goes back way before Citizens United…

These organizations [joint stock companies] had raised hackles from the very beginning. Sir Edward Coke (1552-1634), for example, had complained that “they cannot commit treason, nor be outlawed or excommunicated, for they have no souls.” Two centuries later, the lord chancellor, Edward Thurlow (1731-1806), echoed his words: “Corporations have neither bodies to be punished, nor … Continue reading

The rape of a mattress company

The investment firm, which bought Simmons in 2003, has pocketed around $77 million in profit, even as the company’s fortunes have declined. THL collected hundreds of millions of dollars from the company in the form of special dividends. It also paid itself millions more in fees, first for buying the company, then for helping run … Continue reading

“Paul Revere’s Ride” by Longfellow

Paul Revere’s Ride Henry Wadsworth Longfellow Listen my children and you shall hear Of the midnight ride of Paul Revere, On the eighteenth of April, in Seventy-five; Hardly a man is now alive Who remembers that famous day and year. He said to his friend, “If the British march By land or sea from the … Continue reading

King Arthur Flour, American corporation

Ok, I swear I’m trying to be on vacation and not do work, but then we were buying some flour to make pizza dough, and I remembered that King Arthur Flour was on some list we found of the oldest extant companies in the U.S. Reading the back of the bag of flour confirmed that … Continue reading

Guinness Family History

[The Guinness family owned the brewing company for seven generations of men named Arthur] When the first Arthur Guinness died in 1803, the Second Arthur, as the eldest son to enter the family business, became the patriarch and head brewer at St. James’s Gate. In 1820, when the Second Arthur withdrew from his management role … Continue reading

Fidelity Fiduciary Bank

Mr. Dawes Sr, Mr. Banks and Bankers: If you invest your tuppence Wisely in the bank Safe and sound Soon that tuppence, Safely invested in the bank, Will compound And you’ll achieve that sense of conquest As your affluence expands In the hands of the directors Who invest as propriety demands You see, Michael, you’ll … Continue reading

State Bank of North Dakota

North Dakota’s been in pretty good shape since the financial crisis — the only state to have consistent budget surpluses, a low unemployment rate, the lowest foreclosure rate. Yes, it’s got oil — but when compared with other oil-drilling states (Alaska, for example) its stats are unreasonably good.  Many people say that’s because of the … Continue reading

Abraham Lincoln on Labor and Capital

from  Meltzer, Milton and Stephen Alcorn, Lincoln in His Own Words. (London: Sandpiper, 2009). 60. “Thinking about the value of labor, Lincoln set down this note:” And, inasmuch [as] most good things are produced by labor, it follows that [all] such things of right belong to those whose labor has produced them. But it has so happened … Continue reading

American Dreams

notes on Speth, James Gustave. “The American Dream vs. The Gospel of Wealth.” Yes! Magazine. 29 June 2011. What is the American Dream and what is its future? There are three dualities that Speth examines in this article. 1. The Pursuit of Happiness: Public Good or Personal Pleasure? The ‘pursuit of happiness’ was launched in different, … Continue reading

US Treasury Cash Room

The US Treasury Cash Room dates back to 1869, when it was the location for the transaction of the government’s financial business. The Treasury needed a bank in the building, and so one was built — in the style of “a roofed version of an Italian palazzo, a traditional bank design throughout Europe.” It features … Continue reading

Management Theory and History Pt. 3: Management Science

Management science The management science school emerged to treat the problems associated with global warfare. Today, this view encourages managers to use mathematics, statistics, and other quantitative techniques to make management decisions. Operations management Operations management is a narrow branch of the quantitative approach to management. It focuses on managing the process of transforming materials, … Continue reading

Management Theory and History Pt 2: Behavioral Management

Behavioral management The behavioral management theory is often called the human relations movement because it addresses the human dimension of work. Behavioral theorists believed that a better understanding of human behavior at work, such as motivation, conflict, expectations, and group dynamics, improved productivity. Elton Mayo’s contributions came as part of the Hawthorne studies, a series of experiments that rigorously applied … Continue reading

Gilbreth Motion Studies

Husband and wife team Frank and Lillian Gilbreth contributed to scientific management (Taylorism) with their Motion Study work, meant to analyze and increase efficiency in production. The Gilbreths proposed a technical language, allowing for the analysis of the labor process in a scientific context.The Gilbreths made use of scientific insights to develop a study method … Continue reading

Paul Revere and Colonial Currency

During the American Revolution, the Continental Congress issued paper money to fund the Continental Army and the war effort in general. This money was known as Continental currency, or Continentals. It came in very weird denominations, ranging between 1/6 of a dollar and $80. Newly freed from British restrictions, the individual states began printing their … Continue reading

De La Rue

De La Rue is a publicly traded security printing company based in London. It is the largest supplier of banknotes, responsible for more than 150 national currencies as well as security documents, passports, and identification systems. Like most companies of its caliber, it also offers specialty services, cash handling systems, and related softwares. Origin story: … Continue reading

Crane & Co Timeline

1770 Stephen Crane buys Liberty Paper Mill 1773 Cartridge paper for colonial militia and later for Continental Army 1776 Paper for Paul Revere’s colonial currency 1801 Crane founded by Zenas Crane, Henry Wiswall, John Willard 1806 Begins printing currency on cotton paper for local and regional banks 1844 Introduces method of embedding silk threads in … Continue reading

Giesecke & Devrient

Giesecke & Devrient is a privately held, family-owned currency printer and producer of security technologies. Their different divisions handle banknote and securities printing, smart cards, cash handling systems, identification systems, and e-payment systems. They are the world’s second largest supplier of banknotes (number one is De La Rue), but the real focus of the company … Continue reading