Where did we go wrong (TT JanFeb04 p27-28)

The Treasurer January-February 2004

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When my co-author, Don Young, and I decided it might be fun to write a bookp>, we thought it would be interesting to look for common factors in big corporate collapses. As research progressed, it became clear that the collapses themselves are a symptom of a larger system at work. Let us start by looking at the following examples.What do they have in common?

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