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View Diary: Be warned: Now they're coming after your lab tests (94 comments)

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  •  Your opening point needs to be drilled into every (8+ / 0-)

    American's brain.  Publicly traded companies have a legal and fiduciary responsibility to show profits to their shareholders.  That's. what. they. do.  It's irresponsible in a position of responsibility to run a such a company in any other way.

    We all enjoy a measure of benefit from the economies of scale provided by large corporations.  But we constantly, habitually buy hook, line and sinker the line that the individual consumer comes first, that their provision of services is the point of the enterprise.  It isn't.  The point of the publicly held corporation is to please its community of owners with return on investment, enough so that more will buy a stake so as to allow the corporation to conquer market share.

    Your opening sentence is the best diary I've read all week.

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