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View Diary: “Thank God I had a buddy at Burger King who could help me out” (274 comments)

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  •  Yes, the "MBA goal" is to drive costs out (10+ / 0-)

    of the business and increase profits over the short term by any means possible.

    If the business is destroyed as a result, so be it. Just sell off the remainder, move on to another business and repeat.

    That's exactly how Bain operates.  Run up the debt, swipe all the profits and value, declare bankruptcy to discharge the debt and TO HELL with the employees.

    Many current practices through venture capital and business should be illegal, but they're not. That's precisely the goal of the "deregulators" and the "privatizers."

    What a Police State Looks Like: "On one side: soft human flesh, unprotected human skulls, cardboard signs, slogans they chant, armed with belief in 1st Amendment rights. On the other: helmets, body armor, guns, batons, chemical weapons." -- JanetRhodes

    by YucatanMan on Thu Jun 07, 2012 at 11:17:06 AM PDT

    [ Parent ]

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