Sadly you may well be right. I was just looking through Berkshire Hathaway's Annual Report 2008 the other night, and here's a crisp bit (page 18): "...only comp

Sadly you may well be right. I was just looking through Berkshire Hathaway's Annual Report 2008 the other night, and here's a crisp bit (page 18): "...only companies having problems that can infect the entire neighborhood – I won’t mention names – are certain to become a concern of the state (an outcome, I’m sad to say, that is proper). From this irritating reality comes The First Law of Corporate Survival for ambitious CEOs who pile on leverage and run large and unfathomable derivatives books: Modest incompetence simply won’t do; it’s mindboggling screw-ups that are required."