you will skip homework before you bet (cut corners, shortcut quality)
You will try to cover the loss as long as you can (cover up bad decisions, cover up bad judgments)
You will blame others. (Blame bad luck, blame clients, blames ones work for you)
You will borrow money (buy time) by promising “bright future” (big words, empty words for future)
But in most of cases, situation turns from bad to worse. that is what Nick Leeson did to Barnings Bank. A better approach in this situation would be to be honest and cut loss when you can.
it was first posted on March 5th 2012
But in most of cases, situation turns from bad to worse. that is what Nick Leeson did to Barnings Bank. A better approach in this situation would be to be honest and cut loss when you can.
it was first posted on March 5th 2012
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