On May 25, 2009, at 3:00 PM, Jeff Wright wrote:
*All* the businesses in the same industry going under all at the same time?
That's what happens when the spreadsheet guys do "rollups." You get management that knows nothing about the business they pretend manage, excessive centralization, a corporate monoculture, and the high probability of a mass die off. You just saw the results of this is the financial sector.
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