Rather than diversify, it concentrated its lending bets by financing only a handful of big, risky projects.
Even when Kodak decided to diversify, it took years to make its first acquisition.
In 1996 after Orchard's editorial and marketing staff left to start another company, Mrs. Wilson re-established the Orchard Books imprint, diversified it and led it through its acquisition by Scholastic Inc.
Meanwhile Knight is also taking steps to diversify; it just inked a deal with 19 European brokerages to use its order-flow model.
When it did try to diversify, it landed in trouble: the acquisition in the 1990s of Packard Bell, an American PC maker, was a failure.
She led a program to diversify it into a more sophisticated array of investments that included hedge funds and private equity.
While the Hartford economy has gradually begun to diversify, "it doesn't yet have the set of policies, initiatives and companies that promise long-term success," he said.
After Mr. Wang's disappearance, she took over his real estate company, Chinachem Group, and diversified it into biotechnology, cinemas, satellite television and video-gamearcades.
The seven-star hotels, artificial palm islands, cavernous malls and mega-airports are all intended to diversify it away from oil dependence.
In a sense, Americans seem to have done with mysticism what we've done with every other kind of human experience: We've democratized it, diversified it, and taken it mass market.
