Scott Thompson, one assumes, is a clever man. And yet the new CEO of Yahoo has done something incredibly stupid. Claiming to have a degree in computer sciences and accountancy when you’ve only got a degree in accountancy is an idiotic thing to do.
Quite possibly the people at Diageo are also clever enough. But preventing a little brewer from winning a prize last week was a fabulously boneheaded piece of work.
Most definitely the bankers at JPMorgan are clever. Too clever by half, one might say. But that didn’t stop them losing $2bn through what its CEO Jamie Dimon called “error, sloppiness and poor judgment”.
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