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Monday, November 22, 2010


Add to that another element -- managers who don't want to take the fall for some twist of fate, or even for a badly designed franchise, and so fiddle around with the books or some other element of the business so it makes money, at least on paper. If they do this skilingfully enough, they can have the whole industry chasing their coat-tails and treating them as miracle workers - for a while.

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