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Yes, but (vs and): My goober hot take on Boeing is a bit different. Another victim of financialization. When McDonald Douglass reverse acquired Boeing, the b
by specialist 6y ago
Yes, but (vs and):
My goober hot take on Boeing is a bit different.
Another victim of financialization.
When McDonald Douglass reverse acquired Boeing, the balance changed. Emphasis on share price, gutting wages while doing stock buybacks, shady business practices (bribes for defense contracts, gutting oversight), and so forth.
Of course, there's always more to the story. Like I have no idea how much to blame Clinton Admin's push for consolidation and monopolies (removing competition). Or how to explain the quixotic quest to outsource and offshore core competencies.
So as casual observer, it seems like Intel similarly lost its way.