[lbo-talk] Stock Markets vs the Real Economy

Carrol Cox cbcox at ilstu.edu
Mon Aug 8 20:21:48 PDT 2011


I was trying to remember the other day how Greyhound had shifted its business. U.S. Steel turned itself into Marathon and sold the steel business. The (original) Greyhound did the same, but I don't know or can't remember what it turned itself into.

Carrol

On 8/8/2011 5:29 PM, SA wrote:
> On 8/8/2011 6:16 PM, michael perelman wrote:
>
>> I am thinking of corporations moving from real investment to finance
>> -- I call it reverse finance capital.
>
> Michael, as I've said many, many times before, I don't think this idea
> makes any sense whatsoever. How does this work exactly?
>
> SA
>
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