Originally Posted by
Pman
That was true until they unveiled it today. Also Fred is becoming a figurehead. He’s done his part and now the quarterly statement driven new generation “leaders” are pulling the strings. Not saying it’s the right decision but it’s what they think Wall Street and DE Shaw wants to hear. If it doesn’t work they sell the whole operation as a “value added” proposition to some buyer. They do not care.
absolutely correct. People that think this is just posturing during negotiators haven’t been here very long or are just plain ignorant. No, they did NOT do this in the last few Section 6 negotiations. Yes, things are changing dramatically - Fred uses to think decades , Raj is a quarter guy - just trying to keep his job and DE shaw and gang want NOTHING but increases stock performance.