Re: Accenture was not tied to Enron
"Or, more hopefully anyway, is that a code for "vacuous corporate raiding investors who don't know what they're doing aside from screwing over the employees and long term investors, and have no business having anything to do with how a corporation behaves dictate whether a company lives or dies"?"
I'm just trying to think of an example where corporate raiders came into a healthy company with competent management. The raiders usually appear because they have money that a company desperately needs and banks have reached the point where they will no longer provide loans and credit. Without money, the company quickly stops - DXC is already struggling with competing for long term deals because customers are concerned it may not be around for the 5+ years that the deals will last.
The issues you raise about employees and investors are valid, but they are likely to occur regardless of whether the corporate raiders appear.
Which is more humane? The old frail man wandering into the woods before dying of starvation or the wolves finding him and tearing him apart? Or continue in the the hope that the old man realises the error of his ways and suddenly becomes young and healthy again?
Biting the hand that feeds IT
