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Economy

Warpy

(113,131 posts)

1. Enriched the major shareholder, maybe

Reply to Eugene (Original post)

Fri May 20, 2022, 02:17 PM

May 2022

Take a look at what executive salaries and buybacks did to the profit margin.

Most likely the corner cutting was done by lower management who wanted to become upper management.

They need to talk to the people on the shop floor to find out what really happened and who is likely responsible.

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Baby formula crisis: Abbott enriched shareholders as factory needed repairs, records show [View all] Eugene May 2022 OP

Enriched the major shareholder, maybe Warpy May 2022 #1