Comment
Comment by MrTonyD
I was just reading the book "The House of Morgan" and it describes how companies are purchased when they don't maximize short term profit. The bankers and executives make sure that they make millions in the transfer, and then the brand is cheapened to get more profit, usually at the expense of the customers and employees, and then the company is sold again to get more millions for the executives and bankers. They don't really care if the company goes under or they destroy society as a side effect - it is all about making more millions for the already rich principals.