Postbox - Blindingly obvious conclusion

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I read the interview with Merlin's CEO and could not believe Richard Webster's conclusion, after breaching banking covenants, that "what we have learnt is... if you are exposed to the household market, you will see your demand go up and down alongside the activity within it" (www.postonline.co.uk/1592308).

How much is Mr Webster paid to learn something that became blindingly obvious to me within one week of becoming a trainee loss adjuster?

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