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Moving Beyond “Short-termism”
Oct. 15, 2009 - By: Bill George
“In the summer of 2008, Lehman Brothers and AIG were renowned power-players and titans of finance. They were innovative, profitable… nearly untouchable. Now, they are insolvent. These are just two in a long line of now-clichéd Wall Street stories: successful company—under pressure to earn bigger profits faster—succumbs to appeal of short-te ...

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