It almost seems as if the natural pathway for any industry is to wind up under the control of money people almost the second unit economics are even perceived t

It almost seems as if the natural pathway for any industry is to wind up under the control of money people almost the second unit economics are even perceived to be turning unfavorable. But this group of people is almost uniquely unmotivated to be responsive to public need. Almost every day you hear stories in the news about the depredations of the financial industry ruining people's lives, half of the time completely unnecessarily. The LBO failures of Toys'R'Us and Clear Channel come to mind. My intuition tells me that once they're perceived to be doomed, internal politics wrecks these businesses far more quickly than the market does. Nobody wants to even bother to save them, and so they go looking for a financial wizard (necromancer?) for salvation. The lack of vision in corporate leadership these days is just really sad. Almost makes me long for the days of robber barons. At least they seemed motivated to save companies and actually work towards the future rather than just siphon off profits for yet another yacht.