62 people owns as much as half the world's population combined, 3.5 Billion people. Yeah lets pretends that's normal and ethical. We should cut some slack to these poor billionairs. And lets sell 2$ pills for 700+$, coz you know,this yatch ain't gonna buy itself. And we should let all the wall streets golden boys gamble with small people's money, who cares if they lose it, the government is gonna bail them out anyway, and gambling is fun. And most important, we should let the billionairs legaly buy politicians, to insure that the system stays that way.
I wouldn't have such a problem with it if they mentioned specific people by name.
you are kidding right? it would take months...
Just today, i started a new job, and since i didn't have any mission yet, i was asked to read some stuff about a software called "Readsoft", wich i'll use in upcoming missions. So after i read about how the software works, i went on and read about the company itself. Turns out they were bought buy another company last year, called "Lexmark". So i went ahead and read the tender offer Lexmark issued on their website, when they disclosed that they made an offer to buy Readsoft. I read that:
This tender offer for the shares of ReadSoft demonstrates the consistent execution of Lexmark's capital allocation framework, which is to pursue acquisitions that strengthen and support the growth of Lexmark solutions capabilities, while returning more than 50 percent of free cash flow to shareholders, on average, through quarterly dividends and share repurchases. Since the first quarter of 2011, Lexmark has returned to shareholders $733 million in the form of dividends and share repurchases.
now lets go to wikipedia to see what it says about Lexmark:
- In September 2014, Lexmark acquired Stockholm, Sweden-based ReadSoft for $251 Million
- In May 2015, Lexmark announced that it had acquired Kofax for roughly $1 Billion
- In December 2015, Lexmark announced that they were losing $5,2 Million dollars in the 3rd trimester of 2015, and would have to lay off 500 people in the next 18 months. After hiring Goldman Sachs in October to "Explore Strategic Options"
Yeah...cut them some slack my ass
Edited 1/18/2016 18:40:42