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Old 12-13-2019, 10:36 AM   #11
xoxoxoBruce
The future is unwritten
 
Join Date: Oct 2002
Posts: 71,105
Celadon is another case of the executives doing bad things with the books, which eventually caused thousands of working stiffs their jobs, just to keep the Wall Street vultures away every quarter.
That relentless pressure to show a profit in slow downs and bad times has eventually caused the demise of many stable businesses.
The compensation structure for company big wigs is another problem, being tied to stock price caused more than a few to do things and make decisions not in the best interest of the company because it meant millions in their pocket.
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