I just read a business blog that annoyed me. Y'all, as my fans, know my low opinion of moneychangers. (Jesus was right: throw them out of the Temple). The theme is that BP should have taken a page from Goldman Sachs handling of its role in the financial melt down. Here's a link.
B-Net - What BP Could Learn from Goldman Sachs About Crisis Management
Given that BP has handled its disaster PR worse than a kid with a picture of his hand in the cookie jar, I hate to think that the way Goldman Sachs pretended they didn't contribute to the meltdown is now a 'model' for crisis management. Hitler invented the "Big Lie" which he says is "the principle--which is quite true within itself--that in the big lie there is always a certain force of credibility" (Mien Kampf Vol 1 Ch 10). 75 years later corporate America now has the "Big Deny".
Yeah, the politicians use it also. And the media eats it up. And the public is too stupid to notice.
Tuesday, June 29, 2010
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