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When did corp. lose touch?
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<blockquote data-quote="trickpony1" data-source="post: 139606" data-attributes="member: 1957"><p>Some people think the hierarchy that was in place and whom made the decision to go public are the ones that really benefited from the IPO. The stock went down, then up, then split and they took their money and ran. The "already millionaires" became wealthier many times over. Where are they now? Not here but living very wealthy and happy as "our" company crumbles. I'm sure you've heard the days of the retiring multimillionaire manager are over.</p><p>I don't claim to be a financial wizard but I do remember the "Thrift Plan". You know, the thing that you were led to believe would be around for ever and was touted as a "nest egg" for everyone from the lowly PT'er up through the district manager and, historically, had very good returns. I'm sure there are SEC regulations on why the amount we could contribute to the thrift plan couldn't be raised considerably. The company would be falling over the money if that were possible.</p><p>To the posters that spoke of "talk about greed" and "....every man for himself average joe blow company", I think we all agree, unfortunately.</p><p>The company apparently thinks we are too stupid to figure this out.</p></blockquote><p></p>
[QUOTE="trickpony1, post: 139606, member: 1957"] Some people think the hierarchy that was in place and whom made the decision to go public are the ones that really benefited from the IPO. The stock went down, then up, then split and they took their money and ran. The "already millionaires" became wealthier many times over. Where are they now? Not here but living very wealthy and happy as "our" company crumbles. I'm sure you've heard the days of the retiring multimillionaire manager are over. I don't claim to be a financial wizard but I do remember the "Thrift Plan". You know, the thing that you were led to believe would be around for ever and was touted as a "nest egg" for everyone from the lowly PT'er up through the district manager and, historically, had very good returns. I'm sure there are SEC regulations on why the amount we could contribute to the thrift plan couldn't be raised considerably. The company would be falling over the money if that were possible. To the posters that spoke of "talk about greed" and "....every man for himself average joe blow company", I think we all agree, unfortunately. The company apparently thinks we are too stupid to figure this out. [/QUOTE]
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When did corp. lose touch?
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