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#3 |
The future is unwritten
Join Date: Oct 2002
Posts: 71,105
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The current CEOs have to please the wall street wolves, especially the fund managers, every damn quarter. If Wall Street is displeased, the stock goes down and along with it, the CEO's pay goes down. Long range plans are six months and play second fiddle to this quarter's plans.
Consequently, there is no corporate leadership worrying about the long term health of the company......or the country. ![]()
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The descent of man ~ Nixon, Friedman, Reagan, Trump. |
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