Not everyone was scammed. Metallica Trump used hers for money laundering.
1514 publicly visible posts • joined 30 Jun 2009
Re: What ?
There is often confusion in these sorts of stories, where people conflate the nation of the USA with the corporations that control it.
Technically they're supposed to be separate, but in the real world the corporations don't give a bugger about how their vast profits materialise, as long as they do, and as long as they keep growing.
Many of these corporations make a significant percentage of their profits from China, so they're actually a little bit leery about getting too bullish with the Chinese because it's obvious that things can't escalate into a shooting war, so America's leverage is limited and everyone involved knows it.
Re: Public - not really
That was the bit that caught my attention too: Now that the biz has again gone public it is again accountable to a range of investors who expect strong returns, one way or another.
which of course is nonsense, with the public bit being 10% or less. Softbank will continue to do what they want.
Let's come back in 12 months and see what the share price is shall we?
Re: "activist" investor
The vast corporation I work for attracted one of those about 6 or 7 years ago. They bought ~ 3% and started throwing their weight around. Fortunately, the CEO at the time went on the attack and shot down all their claims in various media interviews.
The upshot was the shareprice rose a little, the activists sold off, and everyone wound up happy.
It was one of the few good decisions that particular CEO made in my view.
Re: changing their spots
Hey! We got ourselves one of those business analysts and she's hilarious.
The first time I met her, she took me on a tour through our factory explaining all the efficiencies she had in mind and I totalled up the cost in my head. I got to about $750,000 when I lost count.
Anyway, by the time the quotes from suppliers had arrived and the boss had stopped laughing, she was already running a new "Centre of Excellence" in another part of the business so none of it happened.
From what I hear she's struggling to get people to accept her meeting invitations.
One of my bosses has begun recording and transcribing every meeting we have. For what reason? I know not.
Maybe he enjoys going back over endless discussions about that laptop that someone setup and delivered to that remote office last Tuesday.
Or was it Wednesday?
No, no, I'm pretty sure it was last Tuesday.
Unless it was Monday?
Anyway, the point is the laptop was delivered.
Wait, now I come to think of it, it might have been a monitor and dock.
That will have cost $8 (I hope).
We've done this before
Unregulated and poorly regulated markets have the potential to make a mess of the real economy, which is why people like the SEC jump on them.
Bubbles & panics were a major feature of the 19th century American economy, and the people who look after it are well aware. They're not going to let it happen again.
As a former ClearOS user I can confidently state that it is in fact dead, despite the semi-regular announcements to the contrary.
It's a shame too, because it was pretty easy to set up and run and worked pretty well. I think the people who were behind it got overly ambitious though and spread themselves too thin with all sorts of weird new projects, none of which amounted to anything.
They had a really good community at one point but everyone lost heart and left and the forums are ghost towns now.
Re: The pendulum is swinging back
Some companies are now locked into a double digit price rise, ever dwindling functionality and vendor lock in because they've trusted it all to someone else.
That's us baby! We've already had a price increase from Microsoft this year and they've told us we're getting another soon. "Just as soon as they decide how much" is what I was told.
We could tell them to bugger off but they're hosting most of our data. Nobody could have forseen that though. Nobody.
Re: Colleagues are distracting
I'm not going to the office more than twice a week. If you want that get somebody else.
One of our top people told her boss exactly that when the "flexible working arrangements" came into force where I work so she comes in when she needs to and it's fine.
Those "flexible work arrangements" are anything but of course.
Re: The real solution...
While I whole-heartedly agree with you, the depressing truth is that the people decide to buy these things are the people in charge of large budgets who are only interested in cost and ease of use.
Chromebooks are widely used in the education market for those reasons.
It'll take the EU passing a law preventing artificial end-of-life crap to stop it I suspect.
Where I work, the DevOps people took over some of the "Ops" bits and since the beginning of the month guest wi-fi has stopped working at one of my sites. I have narrowed it down to the fact that clients attempting to join that specific SSID are no longer being given an IP address.
When I explained it to the lady in charge, she looked at me blankly. I know she desperately wanted to ask what a DHCP server was, but she's aware of her reputation, and she knows I'm a gossip so she didn't.
It's still not fixed. I'm pretty sure it's because the "Director of Excellence" hasn't had a chance to Google "DHCP Server" yet. She'll get around to it sometime I suppose.
Her boss lives half way around the planet and probably doesn't understand any of it either, so there's no point talking to him.
I live in a a country that you probably think of as being civilised and democratic, but our entire agriculture and horticulture industries are reliant on a very similar scam.
In our case, the farmers complain that they're unable to find local workers willing to work so the government creates visa categories that enable the farmers to bring in hundreds of people (mostly from south East Asia) to work in their businesses with the promise of high wages so that they can send money home.
What actually happens is that the workers are paid less than minimum wage (this is allowed in the visa category) and have to pay their own expenses, so there is no money to send home.
We ought to be ashamed of ourselves, but we're not for some reason.
Re: Sure, it's the newbie's fault
Hi A/C, do you work for the same vast American corporation I do?
I've been here long enough to get to the point where I'm comfortable telling people that I can't help when they request things I know nothing about.
Yesterday some manager asked me to investigate what bits of SAP a new user needs and make sure he has them, so I replied that I have no access to any bits of SAP and have never been shown how any of it works so I wasn't going to do any of that.
It helps that I have an interview at another job tomorrow.
Taking young William's advice about the lawyers would be a start, but America's problems go much deeper than that.
This is another example of a vast corporation breaking the law and being mildly inconvenienced by a fine that is a tiny percentage of their annual profit and goes no way to providing a remedy to the people who were hurt by the lawbreaking.
Which is to say the system works as designed.
Re: What's this got to do with making chips?
One of the questions I ask at job interviews is about the background of the person who runs the joint.
If it's anything to do with being an accountant I back out straight away. Accountants are important but you should never let one run your business because they know the cost of everything and the value of nothing.