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Nice timing. With Wall Street in tatters, this lesson in Business Failures 101 should have a built-in readership. The authors don't overintellectualize failure; they are strictly from the school of Those Who Cannot Remember the Past Are Condemned to Repeat It. They make a persuasive case that it is only by studying the (costly) mistakes that other businesses have made that executives and investors can steer clear of disaster...
...weeknights. Enter any House laundry room and you may find that the complementary condom boxes are not completely full. Enter any House dining hall, and you will find that at least one or two students has got the sex glow. This is positively disgusting. Sex aside, Harvard students cannot seem to learn to hit the books. With a vaguely worthwhile party occurring on campus nearly once every three to four weeks, Harvard students lack the restraint to stay in their dorms. The worst offenders among us sometimes venture out two to three nights a week, and some of these students...
...Democracy cannot work when wealth is distributed as lopsidedly as it was then and it is now,” he concluded...
...haven’t got a choice: Those very innocent people are being held hostage at the moment, and we can’t allow that danger to go unmitigated for much longer. Plus, you cannot underestimate the folks with whom we’re dealing. They’re totally broke, living and working in the most tumultuous and inhospitable environment imaginable. Their life has been effectively lawless for years. This is a world in which, recently, every day in business may be your last, where mismatched games of chicken are played with major international powers. In these unstable...
...heritage of success, and a national popularity, cannot alone confer greatness—or, at least, inspire true affection and devotion from a legion of discriminating fans. More importantly, Yankee Stadium will repose dearly in the hearts of Yankee fans, and all true devotees of baseball, not because of its many championships—and other trophies to the vanity of man—but because of the noble spirit, the magnanimity which it has always represented and with which it had imbued the sport...