| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
The rape of the CPR
CPR stock swooned to new highs today after it was announced that up to a quarter of the work-force will be dismissed over the next coupe of years.
Hedge fund visionary Bill Ackman and his management team have figured out that if you just make the trains longer you can get by with fewer crew.
Guess that’s why he’s a billionaire and I’m not.
Bill is no ordinary hedge-fund shit-bag. He is an “activist investor,” as the papers never tire of telling us. That means he takes a minority stake in a venerable company and uses that to bully the existing management out of the way and install his hand-picked rapists.
Rapist-in-chief at the new CPR is Hunter Harrison, the man who successfully did away with the eight hour day at rival railroad CNR a decade ago.
That’s the least of what you can expect at the “new” CPR.
2012-12-07 06:19:41
Source: http://theviewfromfallingdowns.blogspot.com/2012/12/the-rape-of-cpr.html
Source:
