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The AOL CEO is a loose cannon, I don't expect him to last.
Audio recording: AOL CEO fires employee during conference call.
It was supposed to be a conference call to rally the troops ahead of what would undoubtedly be hard times. And at first it sounded that way. But then at one point Armstrong can be heard saying (minute two of the recording), “Abel, put that camera down, now.” And then: “Abel, you’re fired. Out.” A few seconds later, he went on as if nothing had happened. The victim? Patch creative director Abel Lenz. Business Insider notes that if Armstrong fired Lenz for taking photographs it was an odd reason. Lenz always took photographs of meetings to then post in the company’s internal site.
Tell me why the AOL which is viewed now as left wing
I was wondering when people would start dividing corporations into left and right, the good and the bad. First they divide the people and play they against each other, and then they divide the corporations. I guess division and strife is the name of the game these days.
The AOL CEO is a loose cannon, I don't expect him to last.
Audio recording: AOL CEO fires employee during conference call.
It was supposed to be a conference call to rally the troops ahead of what would undoubtedly be hard times. And at first it sounded that way. But then at one point Armstrong can be heard saying (minute two of the recording), “Abel, put that camera down, now.” And then: “Abel, you’re fired. Out.” A few seconds later, he went on as if nothing had happened. The victim? Patch creative director Abel Lenz. Business Insider notes that if Armstrong fired Lenz for taking photographs it was an odd reason. Lenz always took photographs of meetings to then post in the company’s internal site.
Has nothing to do with the discussion since a cut in benefits couldnt take place without the boards authorization. So not only is the CEO discussing it, surely the board would have to be as well.
I was wondering when people would start dividing corporations into left and right, the good and the bad. First they divide the people and play they against each other, and then they divide the corporations. I guess division and strife is the name of the game these days.
Didnt you guys do that when Warren Buffet endorsed Obama? Ooh that was different..
So you're denying that left wingers were running around shouting that Buffet was a billionaire and because he endorsed Obama, that meant everyone should vote for him?
I'd have far more respect for you if you didnt deny the truth so often.
So you're denying that left wingers were running around shouting that Buffet was a billionaire and because he endorsed Obama, that meant everyone should vote for him?
I'd have far more respect for you if you didnt deny the truth so often.
You said "you guys", but I know I never said anything like that, so I asked for a quote. Now I know you cannot provide one. I didn't vote for Obama myself so why would I tell others to vote for him? But then again, none of it has anything to do with the topic.
I would not disagree in principle, but specific issues can be a factor.
There's a world of difference between publicly traded corporations and private corporations, LLCs, LLPs, GPs and such.
You're right in that LLCs, LLPs and private corporations can/may absorb the cost, but publicly traded corporations cannot do that. Publicly traded corporations must show a profit, and if they don't, then their stock price drops and they are prey to predators looking for a take-over.
That's why corporations are holding cash....cash is they only possible means to defend themselves...there is no other.
Remember Durant? General Motors fires Durant, so Durant teams up with Louis Chevrolet and they start making Chevrolet cars. The Chevrolet gains Market Share very rapidly, eating the Market Share of General Motors. Durant takes his profits and starts buying General Motors stocks, and the next thing you know...
....Durant owns 51% of GM stocks and has controlling interest. Durant calls a shareholder meeting --- his right as majority shareholder; nominates himself as the CEO of General Motors --- his right as majority shareholder; and then casts 51% of the votes for himself -- his right as majority shareholder.
So not only does Durant own General Motors, he is also the CEO.
That's how Life's Good bought up Zenith. Zenith couldn't compete globally, profits dropped, stock prices dropped and there's Life's Good selling globally making beau coup profits and buying up Zenith stock.
Doesn't Time-Warner own AOL?
Didn't Time just lay-off employees?
Maybe AOL is doing fine, but perhaps Time-Warner is struggling.
Somebody's got to stay profitable...
Mircea
Quote:
Comcast to buy Time Warner Cable for $45 billion
By By Ryan Nakashima February 13, 201
LOS ANGELES (AP) — Comcast Corp. will buy Time Warner Cable Inc. for about $45.2 billion in a deal that would combine the nation's top two cable TV companies and create a dominant force in creating and delivering entertainment.
The price amounts to $158.82 per share for Time Warner Cable and is about 17 percent above that stock's Wednesday closing price of $135.31. It tops a Charter Communications Inc. proposal to buy Time Warner Cable for about $132.50 per share.
Gotta wonder if this whole thing wasn't a stock-play.
Merging...
Mircea
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