Tag: Canterbury Tales

April Fool!

If only it was all a giant spoof, a huge joke played on us all!

I was intrigued by a quick look-up on WikiPedia to see that the history of April 1st, as a day for foolish ideas, goes back a very long way.  Here’s a small extract from the relevant page on WikiPedia,

In Chaucer’s Canterbury Tales (1392), the “Nun’s Priest’s Tale” is set Syn March bigan thritty dayes and two<. Chaucer probably meant 32 days after March, i.e. May 2, the anniversary of the engagement of King Richard II of England to Anne of Bohemia, which took place in 1381. However, readers apparently misunderstood this line to mean “32nd of March,” i.e. 1st April. In Chaucer’s tale, the vain cock Chauntecleer is tricked by a fox.

I mean wouldn’t it be wonderful if there was a press release today from, say, Goldman Sachs, sort of along the following lines,

At Goldman Sachs, success without integrity is failure.

Goldman Sachs’ culture reflects more than a structure. It is a statement of values. Our commitment to integrity, teamwork, excellence, meritocracy and innovation enables us to build our relationships, with clients and with colleagues, on honesty and trust. It drives our ability to deliver extraordinary client service and to generate superior long-term financial performance for our shareholders. Our values inspire us to give back to the community through volunteerism, philanthropy, scholarships and outreach. Each of us in the firm takes pride in our role as a steward of the Goldman Sachs legacy. We understand that our assets are our people, capital and reputation. If any of these is ever diminished, the last is the most difficult to restore.

The above part is taken from the Goldman Sachs website.  Great stuff.  Let me see if I can add to that, in recognition of the date.

Since the publication in the Financial Times in August 2009 of an article referring to our reputation, from which is quoted, “In a survey of 17,000 Americans, Brand Asset Consulting found that Goldman’s stature – as measured by several gauges of brand strength – had suffered in 2008 and 2009.” the Board of Directors have this day resolved:

  • to ensure that no person in the company is paid more than 25 times the annual pay of the lowest worker
  • that the company shall end the practise of claiming tax favours for any form of executive compensation, including stock options
  • that the money saved from the previous two resolutions shall be paid into an industry-wide fund to support all those citizens that are homeless and destitute as a direct result of the global financial crisis of recent times.

There, isn’t that nice!

 

Time for a laugh!