Murrow, who was inventing broadcast journalism during the second World War by breaking many of the traditional rules, had CBS rule-maker William S. Paley as his partner.
Renault CEO Carlos Ghosn says the work rule and hiring flexibility of the auto maker's recent Spanish labor contract can serve as a road map for its efforts to cut costs in France.
But Wall Street valued Sony incorrectly for the same reason that Sony continued to misunderstand its own value: In 2000, Wall Street and Sony both believed that Sony was a device maker and that ever-improving devices would rule the world.