From Jan 8th issue of Wallstreet Journal
Full article at the link below:Quote:
Ms. Tilton also has had her share of mistakes. After buying American LaFrance, the firetruck maker, she drove down revenue by more than 50% in an effort to improve profits. Four years later, she still is trying to turn the company around.
"That was a purchase I made more with my heart than my head," she said.