Suddenly everthing Armstrong is doing is right. Bob Allen was slated to sell the Universal Card and ATT Leasing etc. so why did it take so long? Policy and directives are made by the Bd of Dir. Executives just implement them.
The Bd of Dir. OK'd Walter so why did they not go with him when everyone including the financial markets were being surpised by his depth an Executive ability? Why make Bob Allen the scapegoat when this same click OK'd the NCR buyout as well as Walters. Full of tricks to make stockholders panic? Well a great many did especially by the lack of faith by the financial community. These guys are not dummys. They bounce things around for a time knowing the consequences of their actions and the shot is called.