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View Diary: BMW--The Ultimate Layoff, Taxpayer-Robbing Machine (175 comments)

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  •  Precisely. This is hit and run capitalism (0+ / 0-)

    It's a rare american stock holder who cares beyond a 1 quarter horizon. CEO's routinely pump up the stock prices and jump ship before the sh*t hits the fan.  Private Equity funds suck the cash and assets out of a corporation, and leave behind a debt ridden carcass for the bankruptcy court to sort out.

    Long-term? What are you? some kind of shoshalist?

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