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U.S. computer industry being killed by greedy executives
Cringely deftly dissects the real problem with American business; the short-sighted greedy idea that goosing the stock price is what is best for the company. This Randian idea leads to deranged business “strategies” like using profits to buy back stock, thus inflating the stock price but doing nothing for growth of the company. Stock buybacks … Continue reading U.S. computer industry being killed by greedy executives