Dst Systems was stunted by purely employing local residents in management for decades. Instead of bringing in forward thinking geniuses from other cities, financial hubs like NYC or even the Chicago Merc exchange, its employed mainly locals people. I found them to be mostly unprofessional. I recall a Division Group Manager telling a woman "if you were a man I would punch you in the face" after she made a mistake. Truth be known, many secretaries and executive assistants did a majority of the work the top executives claimed to do. Example: Consider the fact that DST was basically in the investment funds business for decades, yet allow Valiant Pharma to be a huge part of the employees "retirement plan". Now if DST's business was making bricks, food, or selling real estate I could understand it better. But they have always been in the mutual fund diversification business. They saw the allocation reports. They approved the allocations, until they lost money on Valiant. No further proof is needed to prove my point of poor management.