In this week's USNews.com article on the current resurgence of the corporate merger, Jodie T. Allen quotes Tom as the "naysayer." Tom's reaction to last fall's merger and acquisition fever was a warning that merger is too often "what you do when you run out of other ideas ... At best, 50 percent work, and the pessimists say 20 percent." Tom does praise the "carefully built conglomerates" that benefit both stockholders and consumers, but cites the motivation for agglomeration in one word: "Ego."
Before blogging became all the rage, Tom was posting book reviews and Observations (essentially early blog posts) to this site. You can find the archives below.
What we're talking about
on the front page.