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The Frustrated CFO
New York City
A career CFO who believes that writing is therapy
Interests: Writing, human behavior, books, arts
Recent Activity
Yes, I watched the video and I laughed at the glorious Internet headlines. Well, what can I say? To me, the really sad thing about the delirious puppets featured in the Bad Blood video is their conviction that they are real. Even sadder: because they generate 8-figure annual earnings, have some pull in their closed-off entertainment realms, and are constantly followed by TMZ - they think that they are badass, that they represent the ultimate "Girl Power." Well, the truth is they represent nothing but silliness, artifice, and utter emptiness. What are these little Girls are made of? Digitally enhanced... Continue reading
Posted 5 days ago at The Frustrated CFO
"You are right. I am remarkable... No, I didn't say I was 'amazing,' I said I was remarkable. That's precisely why I can't help you... The things that I do, the things you care about - you think that I do them because I am a good person. I do them because it hurts too much not to... It hurts - all this, everything I see, everything I hear, touch, smell; the conclusions that I may draw; the things that are revealed to me; the ugliness... My work focuses me, it helps. You say that I am using my gifts.... Continue reading
Posted May 18, 2015 at The Frustrated CFO
Some time ago, I posted here a video quote of the Gates Foundations' family-planning message. I mean, you say "family planning" and I will acknowledge your efforts, no matter how feeble, superficial, and confusedly motivated. Yet, it's important for me to clarify that my own position on family planning is a bit stronger and much wider than those of the philanthropists behind the cute video. Essentially, the title I chose for the animated citation intended to hint on my personal focus - after all, I did use words like "Key to Economic and Social Survival." You see, the majority of... Continue reading
Posted May 7, 2015 at The Frustrated CFO
"Data creation is exploding. With all the selfies and useless files people refuse to delete on the Cloud - 92% of the world's data was created in the last two years alone. At the current rate, the world's data storage capiacity will be overtaken by next Spring. It will be nothing short of a catastrophe: data shortages, data rationing, data black markets... Datageddon!" Gavin Belson, founder & CEO of Hooli, Inc. (Silicon Valley, co-created by Mike Judge, episode 2.1) The Frustrated CFO's commentary: For years now, the genius that lives in my home has been responding to all innovations of... Continue reading
Posted Apr 25, 2015 at The Frustrated CFO
People ask me, "How the fuck does Apple dare to price this watch at $18,000?!" Granted, most of these people are representatives of the American "contemporary middle class." This basically means that economic and social changes of the past few decades completely cut them out of the luxury goods market, its prices and its intricate marketing strategies. While their well-employed fathers could still afford to splurge a portion of year-end bonuses on nice presents for their mothers at Saks or Tiffany, these people have no need to be bothered with prices of products that carry such labels as Hermes, Chanel,... Continue reading
Posted Apr 18, 2015 at The Frustrated CFO
I made my first purchase on eBay in November of 1997 - cannot claim that I jumped on its board as quickly as I did on Amazon's, but still - merely two years after the first transaction was concluded (the famously broken laser pointer). Since then, eBay has been consistently feeding three (or four) of my collecting passions. I am not a trading fiend, but over the years I've purchased nearly six hundred items and even sold a few. It was quite a challenge in the beginning: People's track records were still measly. There were no buyers' protection tools (now... Continue reading
Posted Apr 13, 2015 at The Frustrated CFO
Do you know that there are people who devote their spare and even professional time to collecting mistakes and goofs made in movies, TV shows, etc.? There is a successful British website (since 1996) whose creator has built himself an entertainment career and a money-making vehicle doing just that. Specialists officially distinguish eight classes of mistakes, including ridiculous audio problems and crew visibility. However, themost frequent ones are continuity errors (the yellow Porsche's side was smashed in the previous scene and then in the next one it's absolutely fine) and "revealing" mistakes that remind you it's not for real... Continue reading
Posted Mar 30, 2015 at The Frustrated CFO
Don Draper is reading Dante's The Inferno translated by John Ciardi "Modern art is what happens when painters stop looking at girls and persuade themselves that they have a better idea." John Ciardi The Frustrated CFO's comment: I am sure we can all agree that nowadays John Ciardi's remark is applicable to all branches of art and visual media. The main reason why so much of the contemporary "art" is nothing more than gimmick-ridden market-trading commodity is because its creators are blinded by their own self-importance. Oh, why this picture? Because mad men like Don Draper over there, coincidentally reading... Continue reading
Posted Mar 16, 2015 at The Frustrated CFO
It got warmer now, but for a few weeks leading up to this one it was bitterly cold in NYC, with temperatures falling into single digits and wind pushing the chill effect below zero. And I don't really know if my fellow bundled-up New Yorkers noticed them, but I saw them all the time - the girls wearing flats on their bare feet. Let's say you are walking to your office in Financial District. The iPhone displays 13 degrees air temperature and the ground, covered in snow, would likely register 5. More snow is falling from the sky. You keep... Continue reading
Posted Mar 11, 2015 at The Frustrated CFO
"Sarcasm is usually the last refuge of modest and chaste-souled people when the privacy of their soul is coarsely and intrusively invaded." F. M. Dostoyevsky The Frustrated CFO Comment: As screwed up the world already was in the 19th century, it still retained some idealism, innocence, and purity of thought that is almost entirely destroyed in our post-post-modernist times. According to Fyodor Mikhailovich, then sarcasm was the last resort of a decent intellectual who couldn't take it anymore. Nowadays, practically everyone everywhere speak in sarcastic formulas. And maybe it is because people use sarcasm as a defense mechanism to shield... Continue reading
Posted Mar 9, 2015 at The Frustrated CFO
Not the most watched TV show in America (somehow it's impossible for any series to compete with everyone's guilty pleasure aka the NCIS franchise), The Blacklist, nevertheless, draws respectable numbers of viewers: Between those who must watch every episode when it first airs (out of fear that they will be assaulted by the spoilers at the water coolers, no doubt) and those who are grateful for the opportunity to do things on their own schedule (i.e. DVRists and On-Demandists), about 16 million people watch every episode of the show within 3 days from its original airing (if you prefer accumulating... Continue reading
Posted Feb 26, 2015 at The Frustrated CFO
The Frustrated CFO's Preface: Seriously, guys, this just happened, like, 20 minutes ago (I had to scramble to make the picture). Quoted verbatim from an email sent by the CEO of an internationally-mixed company: "Dear all, In honor of Chinese New Year, the Year of Goat/Sheep/Lamb, we will have a Chinese lunch together to celebrate on Friday." Continue reading
Posted Feb 18, 2015 at The Frustrated CFO
If you took my absence from these pages during the past few months as an indication of my giving up on the blog, you were wrong. This activity is important to me. If nothing else, it lets me "talk" without being interrupted. It's just that the time slot in my overscheduled life, usually allotted to the writing of the blog posts, had to be temporarily relinquished to an extracurricular activity of preparing for a talk I was invited to give to a professional group called Women in International Trade. Oh, no-no-no! I'm not talking about OWIT (the Organization of Women... Continue reading
Posted Feb 17, 2015 at The Frustrated CFO
"Our modern life is such an unholy mix of voyeurism and exhibitionism. People are perpetually broadcasting their internal and external selves." Stella Gibson The Fall Season 2, episode 4 Created, written, and directed by Allan Cubitt The Frustrated CFO commentary: When I heard these words spoken with a bitter sigh by Gillian Anderson I felt fortunate to have experienced once more the cultural sensation Alan Bennett described as the hand of an unknown but like-minded friend reaching out to you from far away. For confirmation, check out this post on social networking I wrote back in November 2013. You don't... Continue reading
Posted Feb 9, 2015 at The Frustrated CFO
I have no clue what a Venn diagram for conjuction of this blog's readers and tennis fans would look like - probably unnoticeable to human eye, but whether you care about professional tennis or not, bear with me and I'll explain its relevance to the subject at hand. Those who watched Australian Open during the last two weeks of January on ESPN2 (or any grand slam in the past few years) incidentally exposed themselves to various elements of IBM's "Let's Build a Smarter Planet" promotional campaign. IBM has been sponsoring ATP and WTA tours for years. They don't limit themselves... Continue reading
Posted Feb 6, 2015 at The Frustrated CFO
The Frustrated CFO's Preface: Do you remember how in Jonathan Demme's Philadelphia (1993) Denzel Washington's character, an attorney Joe Miller, has the same request for everyone he is questioning: "Explain it to me like I am a four-year-old" (this is not the central quote of this post, by the way)? The phrase is used in a sarcastic, almost mocking, tone. Joe Miller implies that the subject matter is simple and obvious to everyone as is, but he wants to hear your version of it. Basically, it is an equivalent of "humor me" and it is a setup: you either going... Continue reading
Posted Nov 10, 2014 at The Frustrated CFO
When NYC's cabs caught up with the 21st century and started accepting plastic for fare payments... [Side Note: I always found it fascinating that the habitual check-out question, "Paper or plastic?" is technically applicable not only to the packaging choices but also to the forms of payment - cash (paper) or credit (plastic).] Anyway, when it happened I was ecstactic: one less reason to touch dirty bills, no more listening to a driver's bullshit how he just started his shift and doesn't have any small bills for change, etc. - many reasons, really. Unfortunately, there was a downside: all Credit... Continue reading
Posted Oct 8, 2014 at The Frustrated CFO
"You know, I look at popular music, the stuff that's selling millions of records in America, and it makes me angry, actually... If I see Nickelback I want to kill myself. Okay, I want to kill them and then I want to kill myself, and then I want to kill everybody who listens to them." Anthony Bourdain Parts Unknown, Tokyo The Frustrated CFO's comment: Oh, my God! My sentiment exactly! Nickelback, and fun., and MAGIC! (what's up with all that stylizing, anyway?!), and the rest of them. And by the way, I love QOTSA and see them every time I... Continue reading
Posted Oct 6, 2014 at The Frustrated CFO
So, apparently France got themselves into a $2.6 trillion debt hole. This translates into $42,623 of national obligations per each of 66 million French têtes. Of course, the number is staggering. However, I feel obligated to state that this is not as bad as what we have here, in our own beloved country with our very own $17.8 trillion burden pressing hard on 319 million of us with a weight of $55,684 per capita. Still, someone just asked me the other day, how the hell France got itself so fucked. It's not like the country pays $42 billion into IMF... Continue reading
Posted Sep 19, 2014 at The Frustrated CFO
Once upon a time (but not very long ago), Kroshka Roo, the quick-witted sidekick of the mighty goddess Shiny Crow, was making a protein potion for himself - to keep his strength and virility at the level tantamount to the demands of his arduous life. The brew, prepared in accordance with a recently unearthed ancient recipe, looked like a swamp in South-Eastern Asia after an especially long winter season of inexhaustible rains: It was muddy-green and thick, with a texture that gave an appearance of something heavy and hairy swimming right under the surface. Kroshka Roo took a sip. "Does... Continue reading
Posted Aug 25, 2014 at The Frustrated CFO
Millions of people, both TV watchers and online streamers, have seen the Pantene commercial urging women to stop apologizing. The version embedded below, for example, has 14 million views on YouTube. But what's wrong with apologizing? On average, women are more polite than men - it is known and welcome. And quite a few men (from serious journalists to wackos posting their own videos on YouTube) are upset with this ad campaign "telling women to be rude." Except that these "sorries" have nothing to do with good manners. Watching this ad I've experienced a sharp feeling of inappropriateness: why would... Continue reading
Posted Aug 18, 2014 at The Frustrated CFO
Let me explain to the handful of readers who actually noticed my absence from these virtual pages that this is what it takes for a small business to close a $20 million three-year capital financing deal with a global bank (such as Citi): You basically have to put your entire fucking life on hold. That is, of course, if you are someone like me - a CFO who rolls up her sleeves and plunges herself into the nitty-gritty of negotiating every single definition, every single term, every single condition, and every single covenant of the Term Sheet and then the... Continue reading
Posted Aug 15, 2014 at The Frustrated CFO
Unfathomable! Dead? How can somebody so alive be dead? Is it possible that a person who couldn't remain seated in a chair for more than a minute at a time during talk show appearances stays so still now? Who can imagine this 500-miles-per-hour talking train to be completely silent? Yet, I understand: The mud at the bottom of the depression well must be too thick to move and no scream can reach the surface. There is only unbearable pain. I am terrified imagining the emotional sufferings that led to this. But it's hard to believe - he made so many... Continue reading
Posted Aug 12, 2014 at The Frustrated CFO
Yes, somebody did... Three years ago. So, what happened? Things only got worse. What a surprise! Continue reading
Posted Aug 11, 2014 at The Frustrated CFO