Author
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Topic: The Latest Go Woke, Go Broke Numbers
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jwhop Knowflake Posts: 18917 From: Madeira Beach, FL USA Registered: Apr 2009
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posted June 01, 2023 02:57 PM
quote: Originally posted by shura: I say again, mega corps do not care if they lose money. How is this not obvious to even the most dense, out of touch Trump voter?? This unwillingness to look at the gameboard is why you lose.Meanwhile, some crazy leftists are calling in bomb threats to multiple Targets http://www.msn.com/en-us/money/compa nies/police-investigate-bomb-threats-to-target-stores-in-utah-over-pride-month-merchandise/ar-AA1bKxeH
Couple of different ways to look at your belief that corporations don't care if they lose money. Corporate officers and board members have a fiduciary responsibility to their corporate stockholders who are not at all thrilled to see management drive down the value of their holdings by pi$$ing off large segments of their potential customers. And, there's always a stockholder's meeting just around the corner where shockholders can give management the boot. That $10, 15 or even 20 billion came right out of stockholders pockets. You think they're not pi$$ed?
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Randall Webmaster Posts: 173366 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted June 01, 2023 04:05 PM
It's now $12 billion, and J.P. Morgan has downgraded Target stock.IP: Logged |
teasel Knowflake Posts: 24608 From: Registered: Apr 2009
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posted June 05, 2023 10:43 PM
http://www.nytimes.com/2023/06/05/technology/twitter-ad-sales-musk.html Woke people can boycott, too, and we do. IP: Logged |
Randall Webmaster Posts: 173366 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted June 06, 2023 01:15 AM
The left couldn’t stay off Twitter if their lives depended on it. Why haven’t you left Twitter? Exactly. I rest my case. Ad sales will pick up as Musk fixes all the problems. But at least you acknowledge the power of the conservative boycott. While cancel culture is usually just a very small number of people trying to pretend to be larger. BTW, woke is not a compliment.IP: Logged |
shura Knowflake Posts: 3923 From: kamaloka Registered: Jun 2009
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posted June 08, 2023 09:30 PM
quote: Originally posted by jwhop: Couple of different ways to look at your belief that corporations don't care if they lose money.Corporate officers and board members have a fiduciary responsibility to their corporate stockholders who are not at all thrilled to see management drive down the value of their holdings by pi$$ing off large segments of their potential customers. And, there's always a stockholder's meeting just around the corner where shockholders can give management the boot. That $10, 15 or even 20 billion came right out of stockholders pockets. You think they're not pi$$ed?
It is literally the shareholders, the Black Rocks and the Vanguards, who are demanding this. The banks are demanding this. The Civil Rights Amendment demands this. The Corporate Equality Index and the ESG demand this.
Bud Light, Target, Maybelline, Cracker Barrel, whatever they can each one be sacrificed. In fact, all the better. Turn that culture over, eliminate every known. The money will still flow. IP: Logged |
shura Knowflake Posts: 3923 From: kamaloka Registered: Jun 2009
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posted June 17, 2023 05:30 PM
Keep an eye on Starbucks, watch for their response to the 25 mill lawsuit. Not what they say, what they do. Specifically, watch where the money flows.IP: Logged |
Randall Webmaster Posts: 173366 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted June 18, 2023 09:59 AM
A $25 million amount is way too low to be punitive.IP: Logged |