Both Jack Welch and Sam Bankman-Fried share the experience of having been considered the corporate messiahs of their generations. Yet both saw their reputations crushed as their businesses imploded
Capital, an unregulated bank, played in enabling the firm to meet its “stretch” profit targets. Under Jeff Immelt, his successor , its size became an Achilles heel.
on November 12th, looks as sophisticated as a household’s spreadsheet. Even now its founder continues to act casually. The’s collapse, he is unwinding by playing video games. Perhaps this is multitasking 3.0: blowing enemies to bits while blowing fortunes to smithereens.
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