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Tag: government spending

Ace Greenberg, and why corporate cost-cutting is usually a disaster

Alan Greenberg, often known as Ace, died recently. He had been the chairman of Bear, Stearns and was known for his dictates to his employees. One of the most famous was the Ace Greenberg Paper Clip memo, in which he ruled that paper clips should not be thrown away. Each employee received one box of… [Read More]

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