He quickly began working on a solution and put together the first TARP. Unfortunately, as an aggresive leader, he didn’t put the time to come up with something that was well organized, and with multiple layers of control. He just put something together as fast as he could so he would be able to deal with the growing problem as best as possible. As a result, he wrote his whole plan on three pages that gave him the control he needed to deploy a fierce attack against the enemy. But as soon as he submitted it, he realized that he had made a mistake. To everyone else, he just looked like a government official who wanted to have access to large quantities of money without having to deal with all the bureaucracy that came with it. So, his initial ‘draft’ of three pages, was revised and amended into a much larger TARP. In addition, just because he could see the storm coming, it didn’t mean that everyone else could. So when he tried to persuade congress into approving his proposition, he shared his story about what the future would look like if the government did not take action. At first, it seemed like he had done a good job, but the amount of money he was asking at the time made things complicated. Nevertheless, when the TARP got rejected by congress and the market took a nose dive, his ability to paint a vivid picture of the future if the government didn’t act, all of the sudden became brighter. And that facilitated the passing of the Emergency Economic Stabilization Act, which included the
He quickly began working on a solution and put together the first TARP. Unfortunately, as an aggresive leader, he didn’t put the time to come up with something that was well organized, and with multiple layers of control. He just put something together as fast as he could so he would be able to deal with the growing problem as best as possible. As a result, he wrote his whole plan on three pages that gave him the control he needed to deploy a fierce attack against the enemy. But as soon as he submitted it, he realized that he had made a mistake. To everyone else, he just looked like a government official who wanted to have access to large quantities of money without having to deal with all the bureaucracy that came with it. So, his initial ‘draft’ of three pages, was revised and amended into a much larger TARP. In addition, just because he could see the storm coming, it didn’t mean that everyone else could. So when he tried to persuade congress into approving his proposition, he shared his story about what the future would look like if the government did not take action. At first, it seemed like he had done a good job, but the amount of money he was asking at the time made things complicated. Nevertheless, when the TARP got rejected by congress and the market took a nose dive, his ability to paint a vivid picture of the future if the government didn’t act, all of the sudden became brighter. And that facilitated the passing of the Emergency Economic Stabilization Act, which included the