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The goodwill mergers did not resolve failed S&Ls; they created fictitious income and hid real losses. The accounting was fraudulent, the goodwill was worthless, and the new managers weren’t geniuses. Indeed, they were often criminals.
The Best Way to Rob a Bank Is to Own One
William K. Black
But there’s a hitch. Perhaps it’s one that you’ve anticipated, a critique that’s been nagging at you this entire time. Reverse engineering a winning formula, pinpointing the features that make it unique, and re-creating it wholesale rarely results in the power of the original. No, chances are, it will be missing something. But what?
Decoding Greatness
Ron Friedman
After interviewing most of the Golden Thirteen, Paul Stillwell marveled at their response: “Even their toughest instructors weren’t as demanding of them as they were of themselves.” The difficult task in front of them was no longer a threat—it was a challenge. Instead of doubting themselves individually, they believed in their collective capacity. As George Cooper articulated it, “We were convinced that if one of us made it, we were all going to make it.”
Hidden Potential
Adam Grant
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