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John Van Stry's avatar

They got new board members, and to these people a steady profit is BAD. You have to keep making MORE money. So they restructure, bleed the place dry to keep making more, then it goes out of business.

I give 'em three years.

Back Porch Writer's avatar

MBAs ruin most things that some Board of Directors entrusts them with. Both are all about stock dividends and care little about the long term health of the company.

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