Translate

Friday, June 15, 2012

Why Are U.S. Companies Going Out of Business – So Rapidly?

Why U.S. Companies are going out of business is that according to an article in the New York Post in 2011, Board of Directors and Top Executives are taking their benefits FIRST before the company has a chance to make a profit.

Companies invest in their product and there is a cycle of growth. But what has happened is that they are taking millions of dollars out of the company for their extreme lifestyles and bankrupting the company itself.  Then because they are in the Stock Market and want to show they are making a profit, they lay off people from their jobs. It is all about the fraud. It looks like companies are in the domino formation – all going out of business - when that is just an illusion to hide the real fraud. If Executives were satisfied with maybe a hundred thousand dollars instead of millions, house in the islands, worldwide retreats they might actually care about their company and what is happening in America today.

No comments:

Post a Comment