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Articles for January 2009

We must decide to keep the red flag flying here

WHAT WAS Sir Fred Goodwin thinking when he committed Royal Bank of Scotland to the fateful pounds 48bn takeover of ABN Amro? And the bankers who piled into sub-prime CDOs and 100%-plus mortgages?
Darwin's theory turned bosses into dinosaurs

THERE'S A case for saying that the credit crunch is all down to Charles Darwin.
It's got so horrible that we ought to be revolting

IN RETROSPECT, one of the most remarkable things about the events of 2008 is that there weren't any.
Corporate apocalypse

Since the 1980s, dealmakers earned fees pushing firms into dodgy takeovers and spurious share buybacks. Self-interested managers abandoned long-term goals to collect rewards as share prices rose. Now that the bomb has gone off, business leaders must find