Monday, October 12, 2009

Check out this Times piece on Investor malfeasance

It's a longish piece showing what newspapers can do to cover an issue. The focus is on a mattress company (I know, very exciting) but it's really a great look at how outside investors can repeatedly loot a company so that they win, even though they don't produce a thing. Workers, however, lose.

http://www.nytimes.com/2009/10/05/business/economy/05simmons.html

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