DontThrowPackages
Well-Known Member
For you Econ majors, where would fedex be now had it remained a private company? A friend of my said the stock market is a glorified Ponzi racket bleeding companies to, continue year after year, produce profit in the name of dividends even if it means dipping into the pockets of the employees of the company. Doing more work in less time used to mean a nice BPP payout at the end of every month, now it goes to the stockholders. Christmas bonuses, bi-yearly raises, even monthly BBQ all gone and theoretically given to shareholders. Top pay used to take 3 years to get to now guys with 16 years in the company still aren't there because it was given to the shareholders. Just curious....