http://en.wikipedia.org/wiki/A_Colossal_Failure_of_Common_Sense
The book seemed a bit biased. The author has brought out some instances which definitely will not pass a common sense test. But was it all to it is questionable though. However, there is no doubt that success leads to corporate hubris among the high level execs and definitely get them blinded. Does that mean Lehman could have been saved? Not sure if that was true when every well known bank had gone through the same fate till they exposed themselves to govt. intervention. I think the viewpoints expressed should be respected but there needs to be an alternate view which needs to be given some thoughts to as well.
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