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  • The Fork in the Road

    Great article this week in the Economist asking what the world's bankers (did I spell that right?) could learn from the telecom melt-down of the early 2000's. One very interesting point it made was that shareholders at the time encouraged telecom companies to go 'back-to-basics and concentrate on their core business. But as we know, and the finance industry will find out, that's not such a great idea. Those markets for us (and them) are mature, low growth business in many cases. According...

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