Marshall Goldsmith

SEPTEMBER 26, 2011

This dysfunctional spinning led to countless disasters for buyers - who lost their homes and ruined their credit ratings. To participate in the 2011 Thinkers 50, visit [link]. This spinning also hurt the financial institutions - which lost billions of dollars. -

Prahalad 110

Prahalad Credit Rating Short-term Long-term 110

Harvard Business Review

MAY 31, 2011

As we discuss in our April 2011 HBR article "Ethical Breakdowns" , mounting research shows that we often fail to notice others' unethical behavior if it's in our interest not to notice. Had Buffet suddenly gone over to the dark side? Or, as Berkshire portrayed the story, did Buffett do absolutely nothing wrong?

Ethics 14

Ethics Conflict of Interest Credit Rating Incentives 14

Harvard Business Review

JUNE 29, 2015

This is consistent with a 2011 article in the Journal of Finance, which also found that “patents of private equity-backed firms applied for in the years after the investment are more frequently cited.” All of this adds to the contentious debate over whether PE investors sacrifice long-term growth for short-term profit.

LBO 8

LBO Innovation Sample Short-term 8

Strategy Driven

SEPTEMBER 1, 2011

The second objective of all three parties was the avoidance of a credit rating downgrade. At the time (prior to the actual downgrade), the threat of a credit downgrade forced all three parties to the negotiating table. Copyright 2007-2011 by StrategyDriven, Inc. This was believed to be highly unlikely.

Budgeting 56

Budgeting Credit Rating Restructuring Rogers 56

Harvard Business Review

NOVEMBER 21, 2012

And there's the Budget Control Act of 2011. This product of the debt limit battle of 2011 set up a bipartisan "super committee" of legislators charged with coming up with a deal to the reduce the deficit, with $100 billion or so in Gramm-Rudman-style sequestration to follow in 2013 if the super committee failed (which it of course did).

Budgeting 8

Budgeting Bond Committee Commitment 8