>>> That's easy - they're public companies driven by quarterly earnings and
>>> not much else.
>>
>> Basically. The rich people have gotten so rich that their groups (i.e.,
>> mutual funds) control most of the stock in most of the medium and large
>> companies. And since the mutual funds don't really care if the company
>> is around long-term (since there will always be other companies to
>> invest in), they're more interested in forcing policies that will make
>> the mutual fund look good at the cost of the companies the mutual funds
>> invest in.
>
> Yup. :)
So... basically everything is screwed?
--
http://blog.orphi.me.uk/
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