Thursday, June 24, 2010

Mahabhringraj Hair Oil

First anniversary of the failure

Today marks the 1st anniversary of resisting Judgement of bankruptcy on June 25, 2009. Was the draft resisters of the first major casualty of the crisis IT industry in Italy in early 2000. Led by its flamboyant chairman, Lewis Dearfriend, Renitentia first tried to grow as fast as it could, believing corporate crisis to be temporary. Unfortunately, the unbridled ambition, coupled with rising economic recession and management short-sightedness, proved to be the company's undoing, and on June 2008, the company cancelled all of its activities, leaving dozens of IT professionals down and out. After several pointless disastrous reincarnations, the Renitentia name disappeared from the IT market forever. Rest In Peace, Rete!

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