Sublime
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As Ivar explained, the desires of the three parties were clear: American investors wanted high returns, European governments wanted US dollars, and the match industry wanted monopoly power. The resources also were clear: American investors had dollars, European governments had the power to grant monopolies within their territories, and the match
... See moreFrank Partnoy • The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals
In World War II, the Army post (elevated to undersecretary) would be held by Judge Robert Patterson, who proved to be a production wizard and presided over an unprecedented procurement program virtually without a taint of scandal or cost overrun.
Jean Edward Smith • Eisenhower in War and Peace
The strong tendency of employees to rationalize bad conduct in order to get rewards requires many antidotes in addition to the good cash control promoted by Patterson.
Charles T. Munger • Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
watermark.silverchair.com/glq134_02_ppv-454.pdf?token=AQECAHi208BE49Ooan9kkhW_Ercy7Dm3ZL_9Cf3qfKAc485ysgAAA1cwggNTBgkqhkiG9w0BBwagggNEMIIDQAIBADCCAzkGCSqGSIb3DQEHATAeBglghkgBZQMEAS4wEQQMc7f_W6yi2PC4vDwoAgEQgIIDCo0eMTXh5wYt4Xt9AB9aa6TaFL92l-rYGjwaThQWuq0EtXrjaqwUNaZdL9d9uSFsChFArjbuvMzogtxq1OC-JNIAmXc5Auc05YZIScQ01HvlVNKI6U1SBHCPQRtF0TLagnEOQmuwqmxYXb8KVTX9-J4VB7mPPUjBi82Qs4eYy-hW9_dKrBt1f7OpeiPHjo9b5eqwyB6PI3WUnr-yl_MBhIRZ9q48cQoplq1kJjv1rRz3IAKmD9VFvVQ0p1Z-CFWtuYa6k8zevk6xktFnW01l9BkHLwvlAeYq_g0wToY-Cnk0eZ3BhgVpUurFqwlvH8GVo-b8AwKEKIzMQGf560iUqp0z0sDIHHqUtG1M4JbiT_2Kcr2JyvkvX0Q4F6herqWY82piwUvHK9_c99T4UDN2cSXxhbMw65aqKN2F73WrCdkGFABJmH9Ghx9DIWNk2wMYZ4ZSoCWxIaDiy28s8KaRBMdwEuJqk-3fxQxa7QHbYRn_c8x2ruNX4WtChmdVzP7MrM8O1FFcgx9MTP64xwBgA7CkneS058aWCCf0nlxKHPR_67nj7PKz-fR4tEfGcu2wVNWG9nB_lRDedeZ4rZQSQr8hjrOrduL9K8St-nVsJq12bxjhw-5LuS5m3ZU13jUOD7VWL0NspSUNCvJW6Pupg7xaWpJC8mvbOktm4JQwMGmErLEt6KlWI8oYpp3QCu1Kr2MZIFzZRyaWShmZAaqmv54jgSwelYtmw8ExDV36pKLEYkVqKRCcmqmIxq4YBdH3DpEyae2XqdOBzgRzMSdjALxLOoD5iWC01eMplV6zFsWjhQD66C7z1HP9X2lkYmBmhChMYs4MWEsmnLq0334dYKYhc63LOmAmw2ZUQEBR9xBpMYi0tNlR7QX5r3AXmhQOSjgIHOHI0jnO1T7Ik_GqROFhJZ7G1kRIWRWtHzSnHABqyxeB8QO-MNuJVPyCEJc-5sKtS_P7Q_JiOfUNatqDc8c2XSSV4Il5-TMom_5kZkL9W59zz58FFiiKkA4LHimfB2rLXnny-Xu_trw#page=6.26
watermark.silverchair.comThe clear impression is that prosecutors had trawled through years of tariff filings searching for possible Standard violations, however technical. In short, it looks like harassment—an impression that is reinforced by the government’s request on retrial, after the case was thrown out on appeal, to present a separate evidential argument for each of
... See moreCharles R. Morris • The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy
Securitization had produced the most toxic financial assets in the world – Fabrice Tourre was just one of an army of financial engineers manufacturing them – and had spread them far beyond the originating banks; revealingly, the near-total collapse of securitization in the course of 2008 was a key feature of the crisis.