tag:blogger.com,1999:blog-3859118341865282720.post4583687197264554881..comments2024-03-16T22:30:32.183-04:00Comments on Hampton New Hampshire Mad Dog Democrat: Vulture Capitalism Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3859118341865282720.post-42928582191430765472014-08-28T21:13:07.342-04:002014-08-28T21:13:07.342-04:00Ms. Maud,
Friends who work for Market Bask...Ms. Maud,<br /> <br /> Friends who work for Market Basket were delirious today. Hope their euphoria is justified.<br /> This continues to be reported as a family feud. The report I heard on NPR had some Harvard professor whose "research" is all about family owned companies. His critical insight was that if a family owns a company and they cannot agree about something, they ought to be concerned, and possibly ask someone else to mediate.<br /> Ya think?<br /> But Paul Solman had it right--this is not about petulant family members or employees taking sides in a personal kerfuffle--it's about what ownership of a company which is traded on a public exchange means. It's about whether a board of directors can raid the corporate bank account for their own enrichment with impunity. <br /> This time, it looks like the good guys won. <br /> But if this is an Aesop's fable, let's hope the right moral gets drawn.<br /><br />Mad Dog the phantom speakshttps://www.blogger.com/profile/01629183077961716582noreply@blogger.comtag:blogger.com,1999:blog-3859118341865282720.post-19752766607431374382014-08-28T08:23:52.846-04:002014-08-28T08:23:52.846-04:00Mad Dog,
A most wonderful outcome for Market Baske...Mad Dog,<br />A most wonderful outcome for Market Basket last night!! The vultures did not win this time..let's just hope Arthur T, stays true and loyal to the employees who stuck by him despite significant personal and financial hardship and sacrifice-I think he will. ..Does Arthur S. really believe he got the better part of the deal when he got a billion dollars and all Arthur T. got was a model company and the love and devotion of thousands of employees. I'm sure they'll be studying Market Basket in every business school in the country and when they do they should be asking every student "Who would you rather be- Arthur S.or Arthur T?"<br />Maudmaudnoreply@blogger.com