this post was submitted on 08 Aug 2024
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Boeing, one of the most innovative and amazing companies on earth destroyed by investment bankers.
The search for excellence got diluted by the search for profit. Something is wrong. Companies should grow on their own merits, not on the merits of the stock market.
Investment banking is destroying amazing companies and rotting the free market.
So sad
Now multiply it across all of healthcare, all of teaching, civil engineering, and everything else about society.
The only reason America functions at all is because people care enough to do a good job even though the bankers are trying to make it more difficult for them at every turn, and then keeping all the money they created when people make it work anyway.