[watsocd]

Like many leaders, Jack made a lot of good decisions but the lure of quick profits playing financial games has taken more than one long lived company down.

I worked for Westinghouse starting in 1986. Westinghouse went through the same issues investing in real estate loans in the 90s and did not survive.

I remember my manager telling me in the late 80s that the Financial Services division was making more money than the rest of the company combined. This did not make a lot of sense.

It ended up taking the entire company down a few years later.