I usually reserve a fair bit of sympathy for unions threatening industrial actions to force employers to come to the negotiation table, but not when they show complete disregard to customers, as in the case of the work-to-rule action to be enforced by the Cathay Pacific Airways Flight Attendants’ Union. Under the work-to-rule guidelines: “All… Read More »
Wall Street apologist Geoff Colvin has done it again. In his recent Value Driven article (“Sympathy for the Devils“, FORTUNE, May 25), Colvin argued that Wall Street shouldn’t be punished [for the excesses] because “restoring profitability to the banks will require paying bonuses”. He further tried to lay blame for the public outrage on a… Read More »
I’m beginning to tire of Geoff Colvin’s anti-government stance in his regular Value Driven column in FORTUNE magazine. In a recent piece (“Will the Motor City Shakeup Work?“, April 27), Colvin argued that General Motors‘ fate has less to do with the new CEO Fritz Henderson than with the restructuring model the US government is… Read More »
Monster Cable is at it again, this time suing Monster Transmission, a Florida-based outfit that supplies automotive parts. Apparently, the lesson from the Blue Jeans episode has not been learnt. So what happens if I rename my blog Monster Stuff? Will I get a cease-and-desist letter from Monster Cable?