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The five stages of business decline
June 21, 2009 /
Yes, the Rockies may crumble, Gibraltar may tumble. Songwriter Ira Gershwin warned us of things made of clay.
But in American business over the past half century, there was every reason to believe industrial titans like General Motors Corp. and financial kingpins like Lehman Brothers were here to stay.
By Robert Weisman
Full Story: http://www.boston.com/business/articles/2009/06/21/why_even_the_mightiest_companies_fall/
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