Excellent summation! Thank you for sharing the truth.
Indeed gets to the root of things: a cascade of atrocious management behavior. Pierce set the tone and promoted the whole "never ending people's revolution" circus. Leadership lessons straight from Kim Jong-il. I'm glad the Swiss saw through the smoke and mirrors ultimately.
A tragicomedy could be written about the surreal antics and bloated narcissists who paraded about the organization for years under Pierce's banner. Simply, Pierce was a mediocre, sycophantic politico who wasted hundreds of millions of dollars and dispirited legions of talented and bright people. He did certainly believe in himself, though, so let's give him that...