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this post was submitted on 08 Nov 2023
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That’s a very naive take on business practices that have made a lot of people a lot of money (which is why they continue). I really don’t see anything happening to any Gamurs Group execs beyond, say, their golden parachute deploying on their way to their next raider role. Companies don’t care about their holdings, they care about their balance sheet. Losing a company can make a ton on a balance sheet.
Again, I’m not saying any of this is right. It’s just how huge businesses work and all of it happens at the expense of employees first and customers second.
I understand the benefit of prioritizing short-term gains over long-term when you intend to flip the property. That’s not what this is though. Explain to me how driving away the most valuable asset of a company turns a profit before you start calling people naïve. You sound like you’re talking out of your ass.
I think you greatly over estimate your knowledge of how business works.
You're like David Rose running around saying "it's a write-off!"