“Trust, integrity, and the personal reputation of executives”

Daniel Gross, writing about Refco, reminds us that even modern companies depend “ultimately on the kind of assets that built American capitalism in the 19th century: trust, integrity, and the personal reputation of executives.”
21st-Century Bank Run: Watching a $4 billion company fall apart in a week,” by Daniel Gross, Slate, October 17, 2005

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