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And on the retail side, the drop in margin is almost as bad: managing equities for individuals yields about 250 basis points, whereas running bonds earns 150 basis points.
Bad managing?
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But it is heartening, nonetheless, to know that the art has been saved, because in time some of these artists may look good, tastes evolving, and also because the works prove that artists, good or bad, manage even under awful conditions.
Why is her entourage so bad at managing her image, let alone her big plan for Europe?
Governments are notoriously bad at managing the money they collect.
"Clearly, I'm bad at managing what I create," she said.
"I think we were as bad at managing this diversity of providers," she says.
From my experience in the City, finance professionals are bad at managing their own money.
"Losing brings negativism into the clubhouse, and I did a bad job managing the clubhouse," he said.
The people in charge were good at taking risks in bull markets, but very bad at managing risks when credit markets were getting crunchy.
Even foreign-born Mexican citizens cannot serve in the cabinet.It is not surprising that Latin America is bad at managing immigration: for years it has had little to deal with.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com