You can add badly run company to the list as well. They refused to acknowledge any problems until relatively recently. Even after a senior exec went public wi

You can add badly run company to the list as well. They refused to acknowledge any problems until relatively recently. Even after a senior exec went public with an email describing the problems (link: http://bgr.com/2011/06/30/open-letter-to-blackberry-bosses-senior-rim-exec-tells-all-as-company-crumbles-around-him/ http://bgr.com/2011/06/30/open-letter-to-blackberry-bosses-s...), they still continued to deny and paint a rosy picture (which steadily got worse) to the investors and internal staff.