Thread: Glamour Gone
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Old 07-12-2012 | 03:42 PM
  #65  
Old UCAL CA
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Originally Posted by justjack
Yes, with its "free" and "invisible hand"
Powerful financiers force businesses to lay off millions of workers to reduce wages and benefits in order to maximize profits and raise share prices, making the financiers even richer, because they own so many of shares of stock.
I own shares of stock individually and through mutual funds. I expect managers to maximize profit and raise share prices. It's how I make money and plan for the future.
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