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March 12, 2010 – Comments (2)

... of what I called "smartest guys in the room syndrome" in 2008, in response to some of the information I was hearing filtering out of the Congressional hearings at the time regarding Lehman Brothers and Dick Fuld. I guess at the time I was talking about sort of generalized hubris and self-serving behavior and how that creates a breeding ground for disaster, but given today's news it looks like some comparison to Enron might have been a little more relevant than I thought at the time.

These days, it would be nice to feel as if "the most honest guys in the room" were a little more common at some of the most powerful corporations and that would be something to celebrate; sometimes it really feels like they have been in short supply. And of course, is smart and honest too much to ask? (People learning lessons from past disasters and contemplating ethics in their decisions might be refreshing too...)

I suppose we can always hope for better, although sometimes some of this stuff feels a bit relentlessly the same.

2 Comments – Post Your Own

#1) On March 15, 2010 at 10:05 AM, lemoneater (71.74) wrote:

Speaking of ethics, like manners, ethics needs to be taught. My husband told me about an ethics game Lockeed Martin produced with Scott Adams (creator of Dilbert) that students play in his department. I found an explanation about the game they used http://www.stc.org/confproceed/1999/PDFs/060.PDF. Perhaps someone should send Goldman Sachs a complimentary copy!

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#2) On March 16, 2010 at 2:05 PM, TMFLomax (50.66) wrote:

lemoneater

How cool! Thanks for sharing that! I had no idea such a thing existed. (And yeah, good call... I'm sure a lot of places could use a complimentary copy!)

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