WHEN THE BOUGH BREAKS
Dealing with failure goes beyond the world of politics. It extends into all walks of life from sports to commerce. The current economic news abounds with companies failing to deliver against expectations for growth. And, as a consequence, stock markets around the world are punishing these companies with some of the lowest P/E (price/earning) multiples in decades. These failures appear to be multiplying and are expected to worsen during this precarious economic climate.
The DISPATCHESTM for November 16, 2008 can be found here:
A printer / handheld friendly version can be found here:
It is also available in PDF here:
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