Tuesday, December 11, 2018

Ignorance of responsibility


Let's say a big company has under its umbrella other profitable companies such as:


Fast food chain.


Funeral services chain.


Heath insurance services.


Medical services.


A company such as one making breakfast cereals with a lot of sugar so that the children eating them are prepared for a death at around 65 years old so that a pension giving company keeps even or profitable.


So far so good?


Shares of the parent company are public and a very wealthy man buys a lot of them. Or a grandma in Alaska buys too.


They all expect return for their investment. Companies must keep being profitable.


The CEO is under pressure to keep the company profitable or he, she might lose the job...







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