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Changing business conditions, upstart competition, bad luck and just plain dumb decisions can knock the highest-flying companies off the Fab 50.
FORBES: Magazine Article
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Lay and Skilling not only presided over some monumentally dumb decisions but tried to convince the rest of the world those decisions were, in fact, smart.
FORBES: Magazine Article
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The basics of capitalism, the reason it works is that one of the core-central features is companies go out of business when they make dumb decisions.
NPR: Lehman Brothers, Merrill Lynch: What Does It All Mean?