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NYC Helping Layed-off Investment Bankers

"New York City has a $15 million plan -- a fraction of its $43 billion budget -- to help laid-off investment bankers start new careers as entrepreneurs. This month, the city began offering office space, complete with computers and kitchens, at the low rate of $200 a month per person. The city is seeding a $3 million "angel investment fund" for start-ups. It also hopes to use $30 million in federal recovery funds originally set aside to deal with the aftermath of the Sept. 11 attacks to give grants to companies that create jobs in lower Manhattan.

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Failure to grok what's going on?

Doc Searl's, one of the author's of the cluetrain manifesto, has a number of quotes and links in his post, "Power from the people" about the tragic failures on the part of government agencies in the aftermath of Katrina. Last month I wrote about, Open Source Leadership as an Organizational Management Style. Here's part of what I wrote...

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