Asked by Bryan
Can you cite any widely publicized examples of groupthink that led to unfortunate consequences?
Answers
Answered by
drwls
Starting the second Iraq War
Changing the formula of CocaCola from the "classic" to the corn syrup "Coke"
Widespread suprimee mortgage lending with low intial interest rates by banks
The assumption that "bundled" mortgage obligations are safe investments
Changing the formula of CocaCola from the "classic" to the corn syrup "Coke"
Widespread suprimee mortgage lending with low intial interest rates by banks
The assumption that "bundled" mortgage obligations are safe investments
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