Don't forget the amazing track record of BCG leading companies into bankruptcy. Yes BCG consulted for Toy's R Us. Maybe there is more too it...
There is a conspiracy theory BCG is tied to SHF to lead companies into bankruptcy with help of negative news narratives and help from MM to internalize buy orders and place sell orders on lit markets driving stock prices down.
No concrete evidence yet but who knows when all they get is a fine and it's business as usual.
Isn't there significant sample bias here though? I imagine companies in dire circumstances would be more likely to bring on consultants to help "right the ship"
Which of these brands do you think were healthy, prior to hiring consultants? Which of them had healthy future prospects, and did not deserve to have 'their stock prices driven down'?
I'm not saying that the consultants provided any value add, but if a priest gets hired to say last rights over a terminal patient, it's hard to accuse the priest of killing the patient.
There is a conspiracy theory BCG is tied to SHF to lead companies into bankruptcy with help of negative news narratives and help from MM to internalize buy orders and place sell orders on lit markets driving stock prices down.
No concrete evidence yet but who knows when all they get is a fine and it's business as usual.
BCG also consulted for:
Blockbuster
OfficeMax
Pizza Hut
KLM Air France
K-Mart
Neiman Marcus
Pier 1 Imports
Sears
Toys R Us
Circuit City
JC Penny
Radio Shack
Texaco
Chrysler
MF Global
Conseco Inc.
CIT Group
GM
WorldCom
Washington Mutual
Lehman Brothers
GameStop - Fired avoided bankruptcy
PulteGroup - Fired and avoided bankruptcy.