Monday, December 08, 2008

NEW RULE

Mergers are unemployment.

In 2008, Bank of America purchased Merrill Lynch. Chase purchased Bear Stearns. Citigroup purchased Wachovia. InBev purchased Anheuser-Busch. In November, 533,000 jobs were lost. This is never considered. Firings and fusions are never paired. Why? When companies combine and stocks soar, mothers, fathers, and children should be remembered.

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