"the sales manager [is] so overwhelmed by corporate ambition that he forces his traders to sell more bonds than they can handle. As the deals swirl, faster and riskier and bigger, the transactions become increasingly bizarre: shifting around the debt of failed savings and loans, financing investment in bankrupt Eastern European nations, and, finally, arranging a corporate takeover of certain assets in the Dominican Republic (in this case, the entire country)."Anyway the story is not the point of this post. Trawling through a box of index cards I found this, taken from the book.
- Knowledge is Power!
- Knowledge is not a candy bar.
- Word travels fast.
- Power is temporary.
Is it good for public bodies to keep their major deals secret? Or is it a part of an older more circumspect way of business that is thankfully gone? Openness in government is a good thing. Let's have more of it.