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Not coincidentally, Enron also used this model. I think that this is the worst idea possible. It encourages employees to compete with one another rather than
by j_baker 17y ago
Not coincidentally, Enron also used this model. I think that this is the worst idea possible. It encourages employees to compete with one another rather than working as a team.
- pw0ncakes 17y agoEnron is an energy company that decided it wanted to be a Wall Street firm-- a trader rather than a maker. The problem is that it didn't have the cultural "memory" that most banks have-- that prevents them from doing outrageously stupid and illegal things (that people in the banks would also love to do if they were profitable, but history has shown to be bad ideas). So Enron became an outlandish caricature of Wall Street.