That Death Toll
Yes, we've all heard the clichés about the greater good. I've never met a serial killer, a sniper, or the leader of a suicide cult. But I'm willing to bet that they too believe that they served a greater good.
Yes, we've all heard the clichés about the greater good. I've never met a serial killer, a sniper, or the leader of a suicide cult. But I'm willing to bet that they too believe that they served a greater good.
Lay and Skilling are hardly alone. The difference is that they are going to prison. This was not a case of executives looting their company and then hiding those assets in offshore bank accounts and absconding with their ill-gotten gains. Instead, it was a case of executives who believed their own hype — and that of the financial press — and failed to apply the fundamentals of sound business practices to their decisions.
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