- the Kansas City school system, which apparently has suffered from a total lack of leadership, so that now it has to close half its schools. "But a closer look at the school board’s recent history reveals a chaotic, almost nonfunctioning body that put off making tough choices and even routine improvements for generations."
- Lehman Brothers, which is kaput. "According to the report, Lehman used what amounted to financial engineering to temporarily shuffle $50 billion of troubled assets off its books in the months before its collapse in September 2008 to conceal its dependence on leverage, or borrowed money."
Blogging on bureaucracy, organizations, USDA, agriculture programs, American history, the food movement, and other interests. Often contrarian, usually optimistic, sometimes didactic, occasionally funny, rarely wrong, always a nitpicker.
Friday, March 12, 2010
A Tale of Two Organizations
The NY Times today carries article on two organizations:
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