5
Jun
2005

Wreck It and Run

Among the many unhappy developments in American industry in recent decades has been the advent of "wreck it and run" management. A small coterie of senior managers takes over a company and makes a brilliant show of short-term profits while actually driving the business into the ground. They bail out just before it crashes, cashing in their stock options as they go, and leave the employees, ordinary stockholders, and customers holding an empty bag. It is increasingly clear that under Secretary of Defense Donald Rumsfeld, the U.S. armed forces have also been taken over by "wreck it and run" management. When Rumsfeld leaves office, what will his successor inherit?

//www.veteransforcommonsense.org/?Page=Article&ID=3458
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