[lbo-talk] Junkyard dog hits Motown

Charles Brown cbrown at michiganlegal.org
Wed May 16 10:10:05 PDT 2007


Because they could make a shitload more money if the stock were rising 10-20% a year! To your average capitalist, being "set for life" isn't enough. You've got to be set for the hereafter too.

Doug

^^^^^^

CB: Does your average capitalist work hard enough to make the "revolutionary" ( well, fundamental ) changes in the companies that it would take to make the turnaround you suggest ? To get set for the hereafter, one goes into finance and private equity, not the tough problems of manufacturing and marketing , no ? Buy companies, trip them and live forever.

Recall the famous quote from the GM topdog in the thirties. GM makes money, not cars.



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