Why I Won't Shed Tears For Wall Street
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Economy,
Leveraged Buyouts,
Investment Banks,
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401k Drop,
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Wall Street,
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Larry Kudlow,
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How many companies have been damaged in the name of maximizing shareholder value? How many unnecessary mergers, spin-offs and other dumb deals were spawned just to give the stock a jolt? How many jobs and benefits were cut because Wall Street said that was an easy path to operating "efficiencies" and greater short-term returns?
Robert Reed | Posted 10.20.2008 | Business