Marvin wrote, "Or you could say executive committees don't always make the right decisions, and when they fuck up, they are removed by the board and the shareholders. The shareholders in this case were worried from the beginning that the kid - the son of a former chairman - was in over his head, and when things began to fall apart, decided they needed to clip his wings and clean house."
This analogy is pretty good except that they only acted after the CEO ran the company spent upwards of two trillion dollars on something they now they didn't want to acquire. If they didn't really want to acquire it, they would have acted sooner. I'm sure it seemed to them like a good idea at the time. Thinking very far ahead and acting accordingly is very difficult for the American ruling class...or, should I say, the class whose name cannot be used. ML
