It is fashionable to complain that consultants “steal your watch and then tell you the time”, as one book put it. But customers clearly value what the consultants offer. Otherwise, the elite three and the Big Four would not be growing so fast. (source infra)
JPMorgan Chase thought it had $1.3 million of nickel, but they were all bags of stones. It's happened before.
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Swiss trader Mercuria Energy received spray-painted rocks instead of $36
million worth of copper it had ordered.
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