Posted on 06/13/2019 6:22:46 PM PDT by bitt
Imho, bad s**t like this typically happens because corporate culture doesn’t incorporate sensible risk management in decision making. In fact, there’s probably people in senior management who fight against it. I heard about the ASCO debacle from another vendor, who has screwed their customers because they sole-sourced with ASCO, and said company ignored advice about it being an existential exposure. A lot of this risk management is very pro forma, no excuses about “unexpected” please. I allowed for my vendors failure risk and adjusted my exposure accordingly, so I’m now irritated but not desperate.
Our ‘intelligence’ thugs could put a stop to this crap if they weren’t so busy trying to take down a duly elected President of the United States.
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