December 31, 2008
Portfolio has assembled its list of the year's top business blunders. The list includes the likely suspects: Societe Generale, Jerry Yang, and Bernie Madoff. Along with a few I'd just plain forgotten about. My personal favorite — the executives from the big three automakers taking private jets to Washington to ask for a bailout. David Kestenbaum asked David Cole, from the Center of Automotive Research, about this decision back in November, his rationale — security.
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