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Beer Weekend

by M.G. Siegler

 

How to Succeed in Business

www.nytimes.com

Michael Bloomberg:

At Salomon, I was “demoted” as head of equity trading and sales to head the emerging computer systems area. If I hadn’t gotten fired from Salomon, which became part of Citigroup, I wouldn’t have gotten a $10 million severance, used my electrical engineering degree to begin my own information technology company and program a computer terminal for bond traders. I’d be working for my girlfriend now, who’s on the board of Citibank!

Time can turn failure into success.

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