Oh, I agree. My idea of good business is one where all the parties to a deal have a final advantage. In this case, the bank and Perelman had the advantage, and Marvel suffered for years. In fact, it may well be that the great comics revival of the eighties was muffled because Marvel was forced by circumstances to go all out for immediate profit, instead of working out a long-term strategy to build up the market; although in general the American comics industry has NEVER had management capable of thinking strategically. In a sense, it and Perelman deserved each other.
no subject
Date: 2009-09-04 11:31 am (UTC)