In the last scene of Sydney Pollack’s beautiful movie “Out of Africa,” two lions gather on the hero’s grave and look out at the cattle on the plain below. It is a princely scene — an assumption that the animals below are somehow the property of the lions, to consume whenever they feel hungry. For some reason, I was reminded of this scene this week, as politicians from both parties decried what they saw as corporate bad behavior and proposed measures to fix it.
November 29, 2021
JP Morgan Asset Management
Financial markets tumbled last week as reports spread of a new, highly-mutated variant of Covid-19 which could be more contagious than the Delta variant and which could evade some…