The management handed all those egos and all those expectations to a fortysomething manager, one who never had managed a game in the major leagues.
Young told me that despite the city's exceptionally strong food community, it was nearly impossible to find good venders able to operate successfully in the space, and that the amount of day-to-day management, hand-holding, and negotiating among them was untenable.
Arcelor's management handed over Dofasco to a Dutch foundation.
The fate of the Detroit carmakers lies not only in government or management hands, but also with consumers, more than half of whom each year buy cars from foreign competitors.
In a surprise blogpost made public after the stock markets closed, Larry Page and Sergey Brin, Google's co-founders, announced a radical shake-up of the company's corporate structure and management, handing control of its core search engine business to rising star Sundar Pichai.
But when he appeared on his friend Russell Brand's Radio 2 show in October 2008, leaving a series of crude messages on actor Andrew Sachs's answerphone, he was swept away on a tide of moral outrage stoked by the Mail newspapers that led to BBC management handing down a three-month suspension.
The club spent £70,000 in one year on private jets for directors and senior management, handed out £300,000 a year to charity despite announcing losses of £33m in the last financial year, and still contribute £500,000 a year to Robbie Fowler's wages despite selling him to Manchester City in January.
But all these criticisms miss the most costly aspect of the government bailout: By intervening in the bankruptcy process, the Federal government kept GM's assets and employees in essentially the same management hands that have underutilized them for decades.
Founded in 1939, the bar passed through several different management hands and eventually closed in 2012.
