View Single Post
Old 08-20-2020 | 03:02 PM
  #996  
aquagreen73s
Line Holder
 
Joined: Jul 2009
Posts: 38
Likes: 0
From: A320 F/O
Default

They won't vote him out, because he is executing the exact game plan that the powers above Doug - aka his masters - want employed. It's not about building a better structure for the long term even though that type of long term thinking and investing usually yields much better returns for both employees and investors alike. No, it's all about short term gains and the maximum extraction of revenue from the operation for the benefit of the large institutional investors. There is no long term beyond the current business cycle. They're in it until the cycle starts to top, then they sell out to the pension funds and the retail investors with the help of pumped up stock valuations thanks to buy backs and paid financial pundits. Wash rinse repeat. It's the way of modern Wall Street.
Reply