Compliments of Stanford University guiding me to this link ..........
Which proves they were terrible managers of money. Stanford would throw all those bums out. Heck not a single prick would even get past the GMAT
They invaded and robbed the richest country in the world at that time, INDIA, GDP 27%, stole everything, razed it to the ground financially, created famines to kill off 35 million people, killed the steel and textiles industries, plundered all the money from taxes of Indians to ship to London to keep City of London thriving - by the time they left India, she was the poorest country in the world. And despite all this outright robbery they still lost control of their Empire as it dwindled away.
Not just a supreme lesson in HISTORY, but also a massive section of the MBA program of mismanagement of funds, inferior planning and worst of all, inglorious looting.