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join:2012-06-11

MBA Follies!

quote:
Nothing most public companies are already doing: get the short term gains to satisfy stockholders and let the future worry about sustainability.


Exactly.

This is what happens when you fill the critical top management and executive positions with MBAs that have been trained to only care about the next quarter and the next penny of profit they can go waving in the face of equally greedy shareholders.

It's the implosion technique.