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Default O/T: The Bail Out

The subject takes me back to 1960, a few weeks before graduation.

Was in an industrial engineering class, the instructor had spent a
lifetime in the real world, and up to then, not much in the class
room.

The subject of the Edsel, the 1958 FoMoCo screw up, the largest
business screw up since the Curtis-Wright mess of 1940, was brought up
for discussion.

Still remember the instructors advice:

Class, if you are going to screw up, make it as big as possible.

They fire you for making small mistakes.

They won't fire you if the mistake is big enough because that will
make the guy who hired you look like an idiot.

Almost 50 years later, sounds like there is about to be a repeat
application of that advice.

Lew





 
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