• Gork@lemm.ee
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    2 months ago

    Hedge funds really like replacing CEOs as long as it makes line go up.

    • lath@lemmy.world
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      2 months ago

      Apparently it might be what happens when they’re trying to extract every bit of wealth possible before crushing it into nothingness and then moving on to the next parasitized host.

    • Altima NEO@lemmy.zip
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      2 months ago

      Go private, sell out to a capital management group, undergo a bunch of cost cutting and selling off of assets, go public again if anything’s left.

    • DragonTypeWyvern
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      2 months ago

      It’s hilarious that liberals think the problem with neoliberal capitalism is publicly traded stocks.