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Peril


After the purge of the Pai regime, a veteran trader from wholesale named Don Black was brought in to take over the trading desk. After he’d been there for a while, Black summed up his EES experience this way to a colleague: “It’s like going to work every day with your hair on fire and nothing to put it out with but a hammer.”
Peter Elkind • The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron
Next, he required each bidder to submit prices based on material, labor, and other overhead, and even the amount of profit. Under such a system there was no question about costs being kept down, and the savings were tremendous. Instead of being resented, Diehl was very much respected by suppliers, for although their prices were kept in line they we
... See moreCharles E. Sorensen • My Forty Years With Ford (Great Lakes Books Series)



Cass and Cheney had their nervous moments, as Dalrymple, like a mini-Rockefeller, expanded into grain elevators, Great Lakes steam transport, and a host of related enterprises. But within just a few years it was clear that the farm operations were a spectacular success. The “Dalrymple farm” had grown to thirty thousand acres by the early 1880s, emp
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