Ken's Blue Blog
Musings on "the bleedin' obvious"; views on the meaning of life, or anything else that takes my fancy.

Friday, May 09, 2008

Economic Reality

Sometimes directors are prone to ignore economic reality, and play ostrich with their heads in the sand, as they continue to pursue an economically ruinous path for their companies.

These directors must be treated in the same way as an addict, who refuses to admit that he/she is addicted; as such an intervention must must arranged by shareholders/fellow directors, in order to confront them with the reality of their situation.

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