Cover image for Fit to Bust : How Great Companies Fail.
Fit to Bust : How Great Companies Fail.
Title:
Fit to Bust : How Great Companies Fail.
Author:
Phillips, Tim.
ISBN:
9780749460143
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (216 pages)
Contents:
Contents -- Acknowledgements -- Chapter One Bad Behaviour -- Stuff happens -- Can we build to last? -- A word on classification -- Chapter Two Too good to fail -- Isn't that meant to be 50 million? Bernard Madoff -- The meanest SOBs WorldCom -- Ask why Enron -- The numbers game -- Chapter Three It worked last time -- Living above your means Northern Rock -- Breaking the Queen's bank Barings Bank -- Easy money The Mississippi Company -- Glory chasers Leeds United plc -- Upselling the dream -- Chapter Four Modern Rambos -- Chainsaw Al Dunlap vs Sunbeam -- These people Bear Stearns -- Mr Crapner Ratners -- The man who always paid Clarence Hatry -- Heads they win, tails we lose -- Chapter Five All together now -- Frozen assets Iceland -- An undertaking of great advantage The South Sea Company -- Astounding and momentous failure General Motors -- The smell of dead animals Albania -- MRDA -- Chapter Six Greater fools -- Feeding risk Lehman Brothers -- Confidence at its height The Tulip Mania -- The greatest financier Charles Ponzi -- Promises, promises Home-Stake Production Co -- Boys will be boys -- Chapter Seven Look what we made -- A fitting start to the 21st century AOL Time Warner -- Breaking up is hard to do Royal Bank of Scotland and ABN AMRO -- Shooting the messenger Bank of Scotland and Halifax -- To infinity, and beyond USWeb -- When mergers go bad -- Chapter Eight Almost revolutionary -- Enhanced securitization AIG -- The money machine Long Term Capital Management -- Paying the price Letsbuyit.com -- The next level Digiscents -- Bigger than the internet Segway -- The invisible hand -- Sources and Notes -- Index.
Abstract:
Tim Phillips casts a wry eye over the biggest business disasters of recent history to provide you with the inside story behind the news stories, from the collapse of Enron to the downfall of Woolworths, to understand why smart people make bad decisions.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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