Tom and Scale and Big Takeovers Redux Redux Redux

Op-ed. Wall Street Journal. 2 March 2006.

"Boutique vs. Behemoth: Upstarts Steal Market Share from the Investment Banks."

Old, old story to which no one seems to listen. A day later: Adidas announces crappy #s, thanks to its acquisition of Reebok.

News?
Hardly ... according to me.