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  • Wall Street Journal column highlights business professor's paper

    By Marjorie Smith
    Published: Nov. 9, 2009

    When it comes to cheering CEOs, booing them or throwing them in jail, a consideration that ought to be nagging is whether we’re reacting to luck or design. Ken Lay was prosecuted not for the sins that brought down Enron, but for failing to tell investors the company was predestined to fail even as he …

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