Where capitalism fails

[ny_quant]

Аффтар правильно заостряет, я щетаю.


One day we will recognize the defining Zeitgeist of the Obama/Trump years for what it is: an unparalleled transfer of wealth to the managerial class.

Not founders. Not entrepreneurs. Not visionaries.

Nope … managers.
.....
Did you know that Jamie Dimon and team are taking an 18-27% rake from the multi-billion dollar stock buybacks that JP Morgan announces every year?

I bet you didn’t. And no, it wasn’t always this way.

Are Jamie Dimon and team worth the 18-27% rake they take from the multi-billion dollar stock buybacks that JP Morgan announces every year?

I don’t think so. I think it’s obscene.

Comments

[stumari.livejournal.com]

оффтоп: написанному верить, Алон68 правда мой брат, а Тбилиси правда красивый город (правда, я там уже 20 лет не был, в отличие от него, но ему ближе, из Израиля)

[ny-quant.livejournal.com]

:)