Hudson
Strategic Concepts & Mechanics
Primary Evidence
"Over time, no one admired Craig Dobbin and valued his compan50 ionship more than Hudson did. In 1992 a roast celebrating Hudson’s upcoming marriage was held at Toronto’s Skydome Hotel, with all proceeds going to charity. Most of the all-male audience comprised representatives of Canada’s financial community. Dobbin, unable to attend, sent a telegram pledging $5,000 to charity but offering to double the amount if Hudson dropped his trousers and mooned the Bay Street heavyweights. Hudson agreed. The belt was unfastened and the trousers were lowered. Almost fifteen years later, Dobbin would return the gesture under different circumstances, before a somewhat different audience."
"spending so much time in such miserable weather while the man who owed him a substantial amount of money played cat and mouse with Hudson’s own aircraft. Dobbin’s strategy, Hudson gathered, was to assume that Hudson would give up his attempts to seize the aircraft and return to Toronto.-Hudson promised himself he would not leave until he settled the issue. On the third day, Hudson received a telephone call at his suite in the Hotel Newfoundland. It was Craig Dobbin. “You know,” Dobbin said, “a dumb Upper Canadian will keep running around this province looking for those damn planes. But a real man will come have an Irish whiskey with me and settle it.”"
"How could mergers depress an economy? Davis explained as follows. Big companies combined to make bigger companies, until a few names (General Electric, DuPont, GeneralMotors, and U.S. Steel) dominated their respective industries. With these giants throwing their weight around, smaller, more innovative enterprises scrambled to survive. In the auto industry alone, a procession of car makers (Stutz, Reo, Auburn, Hupmobile, Willys-Overland, Hudson, Packard, Studebaker, and others) went bankrupt or were consumed by more powerful rivals."