Where bold ideas meet real-world impact—from intrapreneurship to investment, and everything in between.
Be the first to access new articles, focused content that brings value with every read.
The author is an esteemed economics professor at NYU. He says "too big to fail is dangerous.
The reorganizing of Ford, and bankruptcy of Chrysler will be remembered, but not likely with the impact of GM filing bankruptcy.
As GM loses its market value, it was forced off the Dow Jones Industrial Average.
The "good" years of the last decade were unable to produce industrial jobs, or wealth for industrial companies (i.e. – GM's bankruptcy.)
The Dow should not be a lagging indicator. Rather, given its iconic position, it should hold the "best" companies in America. Not extremely poorly performing mega-bricks – like GM.
The people at the top get there through a combination of factors. There is no litmus test to be a CEO – not even consistent production of good results.
Explore our collection of 200+ Premium Webflow Templates