Tuesday September 22, 2009 at 9:55
“Securities analysts believe that companies make money. Companies make shoes.”
—
Peter Drucker, in BusinessWeek’s 9/18/09 article, 10 Management Lessons from Lehman’s Demise
Other notable observations:
“Moving money around isn’t the same thing as producing actual goods and services…when Wall Street is generating 40% of U.S. corporate profits, something has gotten way out of whack.”
