Big Head Tales on Nostr: Wall Street is nothing but a con game for the filthy rich. Companies no longer try to ...
Wall Street is nothing but a con game for the filthy rich.
Companies no longer try to run businesses responsibly, everything they do is designed to pump up the stock price over all, no matter the long term damage to the business.
CEOs and boards make foolish decisions and engage in leveraged buyouts to drive stock prices knowing full well they are unsustainable in the long run.
The result? Massive layoffs. Bankruptcies. And executives riding their golden parachutes when it all falls apart.
Companies no longer try to run businesses responsibly, everything they do is designed to pump up the stock price over all, no matter the long term damage to the business.
CEOs and boards make foolish decisions and engage in leveraged buyouts to drive stock prices knowing full well they are unsustainable in the long run.
The result? Massive layoffs. Bankruptcies. And executives riding their golden parachutes when it all falls apart.