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Old 04-19-2013, 08:07 AM   #274
JD Gumby
Cynical Old Curmudgeon
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Quote:
Originally Posted by Katsunami View Post
This is the entire problem of the crisis in Europe.

There are companies over here that are *firing* people, even while they are making 4+ billions of profit each year. Why do they fire people? Simple. Because analysts and shareholders expected profits to be 5+ billion. That's just sick.
It's standard operating procedure for US-style corporations: short-term shareholder profits over everything else.
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