Friday, November 9, 2018

#MeToo For Profit

Steve Wynn is back in the news, this time over sale of his stock:

https://www.barrons.com/articles/steve-wynn-saved-900-million-with-well-timed-sale-of-casino-stake-1541690480

Do you see a trend here?
  • Wynn pushed out of his company because of allegations
  • Papa John pushed out of his company because of allegations
  • Elon Musk pushed out as CEO of his company because of allegations
  • Kavanaugh accusers pocketed lots of cash
  • Political offices changing hands in the wake of allegations

I have no idea whether or not any or all of these allegations are true. What I DO know is they resulted in lots of money and power changing hands. Not all of them had to do with sexual impropriety, but none of them ever were tested in court.

That's a strange way to achieve "justice", wouldn't you say?

And it ain't over yet. Not by a long shot.

1 comment:

  1. I think we should add Mark Zuckerberg to the list of potential victims. I suspect he is being set up for a fall, with Sheryl Sandberg possibly taking over Facebook:

    https://www.cnbc.com/2018/11/19/tech-stocks-like-facebook-and-apple-got-crushed-once-again.html

    Why did he hire her in the first place? If, as he claims, things are going on at FB of which he is not aware, shouldn't he at least suspect she may be behind them?

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