This "Empire" is History - by Ricardo V. Puno
Crumbling Empire - This Business Mogul didn't train his children well. It is now clear that none of them are fit to take over the business "empire" of BM, who we hear is on the warpath and has fired, or is about to fire, some top executives for "disloyalty" (read: badmouthing the untalented siblings). BM should have found time to take care of the succession. Remember that old saying? The first generation, it is said, makes the money; the second expands the business; and the third generation loses it all. This empire might not even make it through the second generation. Someone should counsel the famously stubborn paterfamilias that keeping the home fires burning merely burn down the whole house. The betting within the empire is that the businesses will eventually crumble, no thanks to the inept generation.
Posted by Truth About Lucio Tan 陳永栽 at 5:44 PM