Perspective on McKinsey

I hope most readers of this post have not read the book with this title.  All I will write is that the overleaf of this book (yes, this is the title of a book) says the following:

In a note distributed with every copy of Perspective, Marvin [Bower, founder of McKinsey & Company] reminded the recipient that the book was "privately printed and copyrighted by the Firm for readership only by Firm personnel.  I urge everyone who receives a copy not to give or loan copies to people outside the Firm."  Please continue to honor Marvin's request.

Today is a very sad day for McKinsey.  The have faced an incredibly complicated risk management problem for a long time, and until very recently, they've handled that risk well, or they've been lucky.