because the administrative structure of a chain or a small restaurant... It needs the same accountant, the same treasurer , and all these things. As we manage to grow the business a little, we manage to dilute thatadministrative expense, which helps a lot to make it profitable. On the other hand, we have to ask
So by the end of my first year, I was on the committee. I became the treasurer . And my dad, who was also a chemical engineer, but always said, don't study at university for a job, study what you love.
Anyway, so that's that part. I'm not even treasurer anymore after 18 years, but I am getting paid on Wednesday.
Long story short, there was a lot of workouts, a lot of issues at that time. I became the treasurer of the company at I think about age 29, or something like that. And we didn't have any cash.
And we didn't have any cash. If you know what a treasurer does, they manage cash. We didn't have any.
And he said, we don't know what the replacement paradigm will be. The fact that the former Secretary Treasurer and President of Harvard University actually suggested there's a replacement paradigm that the competitive market doesn't function and we need monopoly is astounding.
different from Western banking. Her role was to go to treasurers of large companies or actually heads of state and explain the intricacies of Chinese banking. And she said to me, I show up to these gigs and they say, oh, are you the MBA intern?
You are a nonprofit, right? But Henry left out the 18 years I was treasurer of the Democratic National Committee until, like, five minutes ago, because he doesn't want to jeopardize the status.
So he tells his treasury, you know, measure out the rice for him, and get him out of my court. And after a week, when the treasurer was still not done, he asked him what the problem was. He said well, you know, it took me awhile to run the calculation, but we don't have the rice.
So she said for a hundred thousand dollars, I will sell you this book. That stunned me. And at that time our treasurer was our art director. Don't ask me why it went together, but it did and I called him on the phone and
David Lieber: Yeah. Rahm Emanuel: One is I do actually think what I talked about transportation's -- David Lieber: Um-hum. of my campaign for Congress. He's the treasurer now for me running for Mayor, David and Tom.
-- including a restaurant or a bar or a car dealership or a small company? -- because it makes no sense. If I was the corporate treasurer for big banks, I wouldn't lend either. Because I would rebuild our balance sheet internally based on a little bit of obvious financial play.
David Wessel: Yes, they should. Right? But, that's one of the things that's kind of frustrating about this. They were sophisticated people. this commission that was set up that Phil Angelides chairs, the Treasurer of California, will make that one of their questions. Because it would be good to learn -- if they
The medieval times, they'd throw pilgrim badges in when they came back from pilgrimages as a thanks for safe return. Hi. Do you have to declare your finds to the Museum of London or to-- I don't know-- the coroner's office if you think it's treasurer or something?
Eventually, United States federal judge in Atlanta, Georgia, which sentenced me to 12 years in federal prison. On page three is a signature of the chairman of the board, the CEO, the CFO, the treasurer .
Kip is also very actively involved in the community, dedicating time and resources to the Salesmanship Club of Dallas, serving on the board of Whole Foods Market. He is also the first vice chairman of the board, chairman of finance committee, and treasurer of the National Retail Federation. And last, but certainly not least, he is passionately involved as a leader in Conscious Capitalism, Inc., which is a community of like-minded business
David Lieber: Yeah. Rahm Emanuel: One is I do actually think what I talked about transportation's -- David Lieber: Um-hum. David Buell, who's a dear friend of mine and Amy and our kids -- travel together, vacation together and Tom his partner. They happened to be in D.C., David who has been the treasurer
And then went on to become City Clerk where then I've been an administrator more than anything else even though the City Clerk's office is one of three citywide elected positions in the City of Chicago -- you have Mayor, City Clerk, and City Treasurer . It is more of an administrative function -- we're basically the keepers of the record, of the legislative branch of city government and we're the point of access for the public to that record.
So the talking to the producers is something that's really important to me, because I feel like they're the treasurers of Japan.
such as the United States, a conglomerate of, say, minister of finance or treasurers will agree according to a formula, this is something that I have suggested with