Ann: S&P DJ Indices Announces March Quarterly Rebalance, page-193

So what you are saying is that SGH failed due to the very unsporting behaviour of the UK insurers who delayed settlement of SGS's claims, plus just a little miscalculation by the board in over-leveraging, which of course was then taken advantage of by all those vile shorters.

So really just a case of the company not quite fulfilling its potential due to factors outside its control ?

Well that's a relief - I thought it might have had something to do with the SGH board deciding to spend $1.3B on a UK company which was making an annual loss of more than GBP130M, and then - after realising all their cash was disappearing into the SGS black hole, stood frozen like a deer in the headlights.