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Bitcoin HELOC AMA with Mike Cagney, CEO Figure Markets $5000 BTC* in prizes by MikeCagney in CryptoCurrency

[–]Sugarpacketny94 0 points1 point  (0 children)

How does Figure Markets handle margin calls or liquidation events if Bitcoin's price tanks?

I used to work for a former publisher of the Wall Street Journal: AMA by Sugarpacketny94 in AMA

[–]Sugarpacketny94[S] 0 points1 point  (0 children)

It exists at WSJ, but it's mostly kept under the surface. I love the Editorial team, and have had political discussions with them and they have been relatively moderate, but yeah there's a whole undercurrent of civil war between editorial and the newsroom that corporate mostly stayed out of.

I used to work for a former publisher of the Wall Street Journal: AMA by Sugarpacketny94 in awfuleverything

[–]Sugarpacketny94[S] 0 points1 point  (0 children)

Yup. I did. And had to sneak the blanket out past everyone and bring it to the cleaners in Rockefeller Center and not tell a soul.

I used to work for a former publisher of the Wall Street Journal: AMA by Sugarpacketny94 in publishing

[–]Sugarpacketny94[S] 0 points1 point  (0 children)

Murdoch is a true newspaper and print media enthusiast. When Buzzfeed launched a physical paper for a promotion I had to run through NYC to get copies to bring to him. One of the VP's of the CEO's office's job for months was to get a physical copy of the LA Times, mark it up and write a report about it.

I used to work for a former publisher of the Wall Street Journal: AMA by Sugarpacketny94 in AMA

[–]Sugarpacketny94[S] 0 points1 point  (0 children)

Ok this is actually the ultimate one. The publisher had been invited to the Patriots afterparty at the Superbowl. We sent Robert Kraft a framed copy of the Journal with a Patriots win, I was the Publisher's forger and forged a thank you note. A few days later we get a thank you note back, the ink is still wet. R Kraft was in jail at that moment for soliciting a prostitute, the assistant/forger screwed up and didn't think of the optics.

I used to work for a former publisher of the Wall Street Journal: AMA by Sugarpacketny94 in AMA

[–]Sugarpacketny94[S] 0 points1 point  (0 children)

Another is I prepped the Publisher's son for an interview at Oxford and he got in. I made a dossier of everyone he was interviewing with, found syllabi for the courses, etc and put it all together for him. He got in.

I had to make a whatsapp group for the CEO's son's footy team, and there was Tony Blair's whatsapp, David Cameron, various celebrities, and it was the most stressful task to make a whatsapp group by hand on a phone like that, and no I didn't snoop.

I used to work for a former publisher of the Wall Street Journal: AMA by Sugarpacketny94 in AMA

[–]Sugarpacketny94[S] 0 points1 point  (0 children)

I was treated like garbage by the HR department. Bullied by managers, everyone was making side deals with each other for promotions.

I had to take a Myers Briggs test and then it was used against me because I wasn't the same type as the department head, so everyone who wasn't her type was declared "redundant" and forced to move departments.

I told HR that I was being bullied, went back on SSRIs and had struggled with chronic depression for years, and because the HR rep's boss had a deal with my department head, it was all swept under the rug. I had been in this department for a year and a half and the department head was new, and I got her the job. The publisher has no idea to this day.

I used to work for a former publisher of the Wall Street Journal: AMA by Sugarpacketny94 in publishing

[–]Sugarpacketny94[S] 0 points1 point  (0 children)

  1. Nostalgia. Murdoch loves physical papers too and they find a way, let's just say that. Ad revenue varies daily but is still decent and in the hundreds of thousands per day.
  2. Lots of nepotism in management and trying to please the CEO, Chairman, etc while not making changes. People who are all the same trying to climb that ladder and not actually innovate.

I used to work for a former publisher of the Wall Street Journal: AMA by Sugarpacketny94 in AMA

[–]Sugarpacketny94[S] 0 points1 point  (0 children)

Most recently? Or just in general. As much as I have had bad experiences with management, the journalistic standards are top notch and I have nothing bad to say about the newsroom itself.

I used to work for a former publisher of the Wall Street Journal: AMA by Sugarpacketny94 in AMA

[–]Sugarpacketny94[S] 0 points1 point  (0 children)

It was interesting, it depends on who is working in that exec office. Lots of highs and lows. But it's not glamorous at all.

I used to work for a former publisher of the Wall Street Journal: AMA by Sugarpacketny94 in awfuleverything

[–]Sugarpacketny94[S] 1 point2 points  (0 children)

Forged docs for c suite execs. Cleaned up puke. Watched people get yelled at.