Former Bank of America CEO Hugh McColl criticizes current Bank of America CEO Ken Lewis for stupid acquisitions. Pfizer, unable to develop new drugs, will pay $68 billion for Wyeth. When will these idiots learn?
[Tom called to say that he wrote the above lines very early in the morning at Logan Airport.—CM]
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.