Towards the end, it seemed that everybody in WCW knew that it was a sinking ship and they plundered and looted the company for everything they could get; everybody seemed to want a big pay day - Bischoff was throwing around ridiculous amounts of money, Nash and Hogan (among others) were booking themselves into the spotlight and nobody seemed to be playing on the same team. The booking was ridiculous as they were desperate. I think that Bischoff learned his lesson, though, and if he'd managed to obtain the company, I think he'd have done a good job. Say what you like about him, he brought about some radical changes to the business and could've done so again. It's doubtful that the company would've been able to compete with WWE on a global level, though.