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  #1  
Old March 21st 15, 10:25 PM posted to rec.photo.digital
Alan Browne
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Posts: 12,640
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https://www.dropbox.com/s/5xlfkj1le8...23.36.png?dl=0

Want to know more?
http://www.nytimes.com/2015/03/22/bu...=business&_r=0

(Worth watching the video (5 minutes) ... as sad as it may be).
  #2  
Old March 22nd 15, 12:22 AM posted to rec.photo.digital
PeterN
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Posts: 3,039
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On 3/21/2015 7:16 PM, RichA wrote:
On Saturday, 21 March 2015 18:25:49 UTC-4, Alan Browne wrote:
https://www.dropbox.com/s/5xlfkj1le8...23.36.png?dl=0

Want to know more?
http://www.nytimes.com/2015/03/22/bu...=business&_r=0

(Worth watching the video (5 minutes) ... as sad as it may be).


Pfft! This section is a current history of American and Canadian companies. Basically not fixed, but stripped to the bone by vulture "private equity":

-After the unceremonious departure from HP, Mr. Clarke became something of a corporate mechanic, shaping up companies with layoffs and other cost-cutting, and working closely with private equity and venture investors.


Tough choice.

Company going downhill will probably bee out of business within a year.
Private equity comes in to take a risk,

25% layoffs within a year.

Of IO am going to place my money on a risky venture, I want a big
upside, and a major say in operations. No investor with any sense is
going to give money to proven incompetents. (Family is a different issue.)




--
PeterN
 




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