Wall Street is nothing but a con game for the filthy rich.
Companies no longer try to run businesses responsibly, everything they do is designed to pump up the stock price over all, no matter the long term damage to the business.
CEOs and boards make foolish decisions and engage in leveraged buyouts to drive stock prices knowing full well they are unsustainable in the long run.
The result? Massive layoffs. Bankruptcies. And executives riding their golden parachutes when it all falls apart.
Big Head Tales /
npub176…v3v8l
2024-08-16 02:30:52
Author Public Key
npub1760ww26qnfzlrxs0jymnypdw0c9el3zcyn5m32mqftuq2klhhhlssv3v8lPublished at
2024-08-16 02:30:52Event JSON
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"content": "Wall Street is nothing but a con game for the filthy rich. \n\nCompanies no longer try to run businesses responsibly, everything they do is designed to pump up the stock price over all, no matter the long term damage to the business. \n\nCEOs and boards make foolish decisions and engage in leveraged buyouts to drive stock prices knowing full well they are unsustainable in the long run. \n\nThe result? Massive layoffs. Bankruptcies. And executives riding their golden parachutes when it all falls apart.",
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