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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
I could've written thousands upon thousands words on the subject, but the creative studio Gentleman Scholar commissioned by the Gates Foundation managed to compact the organization's message on family planning as a crucial necessity for the world's well-being into a 1 minute and 44 second gem with a self-spoken title Where's the Controversy in Saving Lives? Thank you, Bill and Melinda Gates! Continue reading
Posted 3 days ago at The Frustrated CFO
"Without the hookers of 42nd Street on display as a reference, the women of NYC have forgotten that a bandeau top, a skirt that barely covers your ass, and 6 inch heels are not sexy fashion statements. They are part of a uniform. A hooker uniform that allows men to recognize the ladies for sale. And the rest of the world takes their fashion cues from New York, hence women everywhere have lost their gauge for what's appropriate." Yana Alexandra Crow Continue reading
Posted Apr 7, 2014 at The Frustrated CFO
In a small business with a flat organizational structure, where every exec performs 10-15 jobs, there is always a possibility of timeline conflicts. It's like cooking ten dishes on a four-ring range: eventually you run into a point when the same burner is needed for two pots. Which one to put on? There is really no such a thing as a right decision at times like that - you must simply follow your instincts. Let's say your are in the final stages of negotiating a Credit Agreement renewal with your main institutional lender. It's Thursday, 03/13. You have scheduled a... Continue reading
Posted Mar 27, 2014 at The Frustrated CFO
From an actual e-mail of a corporate COO, an HBS alumnus, blind-copied to several bankers, who lost their bids for the company's business, as well as to a few other addressees: "As you know, we analyzed several competing offers. One has been accepted and a good faith deposit paid. All banks were quite detailed and specific in their term sheets. In order to make both a proper and fair comparison, any uncertain items had to be discounted. While it might have been useful to fully clarify all conditions and parameters, we made a decision not to allow banks to tweak... Continue reading
Posted Mar 24, 2014 at The Frustrated CFO
I've said it before and I'll say it again: all entrepreneurial bosses are the same. Of course, I don't mean it literally - they are not stamped figurines. Yes, they are the same in their principal qualities (aggressiveness, single-mindedness, drive, vision, impatience, arrogance, callousness, etc.), but they are also different people with their own psychological makeups, individual quirks, and human peculiarities. Some can be informal and approachable, others are aloof and snobbish. Some can be intellectuals, while others are simple and limited. Some of them are religious conservatives, others are broad-minded libertarians. Some are healthy and others suffer from an... Continue reading
Posted Mar 19, 2014 at The Frustrated CFO
The Frustrated CFO's Intro: Just a tiny bit of magic, a very cool synchronization app, and some undeniable truth about deception as an integral part of human nature - voila, a very entertaining TED Talk! (And how about the strength of that bluetooth connection!) Enjoy! Continue reading
Posted Mar 17, 2014 at The Frustrated CFO
Oh, boy, World Wide Web! You are 25! So young, yet so much happened to you already! You are like a fucking child rock star! When you were born, I was still in my 20s; so were Madonna and Michael Jackson; Brad Pitt was 25 (he just turned 50 - the jury is still out on whether you are good at math or not). Now I run to you to roll time back and see people who witnessed your birth being young and alive - you keep them all and more inside your multitude of brains. In only a quarter... Continue reading
Posted Mar 12, 2014 at The Frustrated CFO
Sometimes when you open a certain topic, it becomes hard to move on to the next one. So, again about bankers and genders... When we hear the word "discrimination," the first thought that comes to our mind is "unfair." Indeed, in it's most common definition of the last 150 years, discrimination is understood to be an unfairly different treatment of a specific group of people. We think: race, ethnicity, gender, social class, origin, sexual orientation, wealth, etc. This is the type of discrimination that I just fucking hate. And I am not saying this to be politically correct: I truly... Continue reading
Posted Mar 3, 2014 at The Frustrated CFO
Those who have read it may remember that I specifically noted in that post that the possibility of diminishing number of the Confused Liberal Hipsters who misguidedly uphold Lena Dunham in high esteem as their feminist hero can be just my wishful thinking. Still, I feel obligated to tell my readers that yes, indeed, it was nothing more than a momentary slip into an illusion that people may be getting a little bit less stupid. I cited New York Magazine's long-time silence about Girls and its creator as a hopeful sign. Well, I spoke too soon: In the current issue... Continue reading
Posted Feb 25, 2014 at The Frustrated CFO
"And when the sabbath day was come, he began to teach in the synagogue: and many hearing him were astonished, saying, From whence hath man these things? and what wisdom is this which is given unto him, that even such mighty works are wrought by his hands? Is not this the carpenter, the son of Mary, the brother of James, and Joses, and of Juda, and Simon? and are not his sisters here with us? And they were offended at him. But Jesus, said unto them, A prophet is not without honour, but in his own country, and among his... Continue reading
Posted Feb 24, 2014 at The Frustrated CFO
Ever since this company made into a couple of 2013 national lists of the fastest growing entities, we have been accosted by a slew of various business services offering their assistance and support: insurance brokers, real estate brokers, HR management providers, marketing consultants, etc., and most notably for me - bankers. The troubles that befell the banking industry a few years back resulted in its consolidation. The competition among the diminished number of the key players in the field of institutional finance has stiffened. They are fighting for clients with proven records of steady profitability, growing equity, and assets with... Continue reading
Posted Feb 20, 2014 at The Frustrated CFO
"The popularity of a bad man is as treacherous as he is himself." Pliny the Yonger 62 AD - 112 AD Continue reading
Posted Feb 17, 2014 at The Frustrated CFO
Goddammit! In all honesty, I thought I was done with Ms. Lena Dunham. I said everything I wanted to say about "her Movie," and "her Show," and her "success"; I analyzed the background, motivations, and the role of the hipster media; I expressed my opinions - negative and otherwise (HBO's Girls Still Play with "Tiny Furniture", 2013 Golden Globe Awards, and the breakthrough 8th episode of season 2). The topic was important to me as yet another evidence of social and intellectual degradation of the so-called "cultured" bi-coastal populace. But as far as I was concerned, I exhausted the subject... Continue reading
Posted Feb 16, 2014 at The Frustrated CFO
Forgive me for being inattentive to such extra-accommodating bells and whistles, but I only noticed it yesterday night: after you finish watching a TV show's episode or a movie on Hulu Plus, a little window with both facebook and Twitter logos/links appears in the middle of your screen. I take it that this is Hulu's offer to its subscribers to share the news of just procured entertainment experience with their personal social network. My God! Do people actually do that? Like in self-admiring way, or something? I just watched an episode of "Brooklyn 99" on Hulu Plus. So fucking cool!... Continue reading
Posted Feb 14, 2014 at The Frustrated CFO
The Frustrated CFO goes to a corporate party and during cocktails mingles with bankers, all kinds of brokers, execs from various industries, business owners, etc. Everyone exchanges cards, handshakes, hugs, or cheek-pecks depending on the length and the warmth of the relationships. Some people talk shop, some solicit business and/or advice, some boast about themselves and/or their children, some discuss the Super Bowl without much enthusiasm (it's NYC after all - we only got excited when we saw our very own Eli Manning in the stands watching the event turning miserably for his brother). Many, of course, discuss the weather... Continue reading
Posted Feb 11, 2014 at The Frustrated CFO
"An unworthy and tiresome thing money, at best, but it can at least ease the heart of the lover. When he lightens his purse he lightens his heart, though this can hardly be accounted a virtue, for such giving is perhaps the most insidious form of self-indulgence that is known to mankind." Radclyffe Hall Continue reading
Posted Feb 10, 2014 at The Frustrated CFO
From CNN's Breaking News: "EXCLUSIVE: President Barack Obama told CNN's Jake Tapper on Thursday that some of the country's largest corporations have signed on to a White House plan to boost the hiring of the long-term unemployed. 'What we have done is to gather together 300 companies, just to start with, including some of the top 50 companies in the country, companies like Walmart, and Apple, Ford and others, to say: Let's establish best practices,' Obama said in the exclusive interview... Obama's move is in line with his pledge to use executive action on his agenda items that he hasn't... Continue reading
Posted Feb 3, 2014 at The Frustrated CFO
Ah, January! Traditionally, a month of raises and bonuses! Or, at least it used to be. You probably have read many an article and a blog post about the diminishing slew of companies still giving out performance bonuses and/or raises. I am not surprised - I am the one always going on and on about the illusional nature of the "economic recovery" tune so "earnestly" whistled by politicians and business media. Companies, big and small, are struggling left and right. In the absence of profits, merit is kicked off its, already pathetic, backseat all the way into the trunk: When... Continue reading
Posted Jan 29, 2014 at The Frustrated CFO
Self-Portrait © Yana Alexandra Crow "The Revolution Will Not Be Televised" A popular slogan among the 1960's Black Power movements as made famous by Gil Scott-Heron's 1970 poem/song "The Evolution Will Be Feminized" Yana Alexandra Crow © 2013 Continue reading
Posted Jan 7, 2014 at The Frustrated CFO
"You miss 100% of the shots you don't take." Wayne Gretzky "I've missed more than 9000 shots in my career. I've lost almost 300 games. 26 times I've been trusted to take the game winning shot and missed. I've failed over and over and over again in my life. And that is why I succeeded." Michael Jordan "Eighty percent of success is showing up." Woody Allen Continue reading
Posted Dec 30, 2013 at The Frustrated CFO
A Treatment for a Feature Short Film: The present. Brightly lit business office suite. The camera moves out of the reception area, along a large sign on the wall "ALISP International," and into the open-design space in the middle. There are a lot of boxes of various types around - file storage, heavy-duty cardboard with foam padding, etc. Some are sealed and others are half-packed. Office workers of both genders and different ages are busily occupied: most of them are at their desks, either working on the computers or talking on the phones, while a few are transferring files and... Continue reading
Posted Dec 26, 2013 at The Frustrated CFO
"Most of what you see, my dear, is purely for show, Because not everything that goes around comes back around, you know. Holding on too long is just fear of letting go, Because not everything that goes around comes back around, you know. One thing that is clear it’s all down hill from here" Queens of the Stone Age, Like Clockwork Rock-n-Roll lives! ...A Dream Set List! ...Including, a heart-stopping rendition of Make It wit Chu featuring Josh Homme making love to his guitar in a bluesman's solo... ...Plus, the best showcase of Jon Theodore's drumming genius since The Mars... Continue reading
Posted Dec 16, 2013 at The Frustrated CFO
"When I stand before God at the end of my life, I would hope that I would not have a single bit of talent left and could say, I used everything you gave me." Erma Bombeck "There is only one way to avoid criticism: do nothing, say nothing, and be nothing." Aristotle Continue reading
Posted Dec 9, 2013 at The Frustrated CFO
Premise: Based on true facts, this present-day farce unfolded right after the company at the center of the story signed a new office lease. The entity's CEO, an infamous procrastinator and a successful decision-dodger, has delayed the execution of the document to the point when only 60 days remained before the moving-in day. Up until now, the fairly young business always occupied a full-service furnished office suite, where everything from pen holders to receptionists is supplied by the landlord, including all telecommunications and IT administration. However, by this point the successful business outgrew the little rooms and the shared common... Continue reading
Posted Dec 6, 2013 at The Frustrated CFO
"Raymond 'Red' Reddington:The concept of a Last Stand sounds so heroically romantic, doesn't it, Donald? But there is a good reason why we didn't see what happened to Butch and Sundance - being riddled by bullets and left to rot under the scorching Columbian sun. It's not a sequel maker, and if you surmise nothing about me by now, know this: I am going be around for the sequel. Agent Donald Ressler: You really going to do a field transfusion? Reddington: Oh, come now, Donald! Just think how much smarter you'll be afterwards. Ressler:Why the hell are you doing this?... Continue reading
Posted Dec 2, 2013 at The Frustrated CFO