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How To Be A Wealthy Failure
from the who-needs-success-when-you-can-be-filthy-stinking-rich dept
A good article that looks at the amount of money people made by creating horrible mergers and acquisitions. There’s a lot of money to be made in incredibly stupid deals. The article then explains exactly what you need to do (as a CEO) to make a deal that is likely to be a failure, but which will still make you so filthy stinkin’ rich, that you won’t care. As it points out, no one really gets punished for bad deals. Sure, you might lose your job, but the golden parachute you get will make sure you’re comfortable for the rest of your life. Besides, after you’ve failed, you can just go out on the lecture circuit at $30,000 a lecture.
