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  • Expert: BP settlement right step, but won't curtail corporate greed

    The unwritten story of the BP disaster and subsequent $7.8 billion settlement is the complete and utter failure of strategic management, and what underlies that problem are mercenary chief executives and the culture of greed that has festered on Wall Street over the past three decades, says John W. Kindt, a professor of business and legal policy at Illinois.

    The unwritten story of the BP disaster and subsequent $7.8 billion settlement is the complete and utter failure of strategic management, and what underlies that problem are mercenary chief executives and the culture of greed that has festered on Wall Street over the past three decades, says John W. Kindt, a professor of business and legal policy at Illinois.

    Photo by L. Brian Stauffer

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