4 ms·
Intel is strategically important corporation. Investors know that. They want to keep extracting profits, knowing that when (not if) things go dogshit (even mo
by e3bc54b2 2y ago
Intel is strategically important corporation.
Investors know that.
They want to keep extracting profits, knowing that when (not if) things go dogshit (even more so than today), the public will bail them out. Since this CEO worked on other stupid things like long term technical viability, instead of pursuing the higher priority (investor returns), he was shown the way out.
2008 was an eye opening year for a lot of rich people.