Thread regarding EMC Corp. layoffs

Is this how a private company works?

It has been reported that Michael S. Dell bought 254,545 shares of DVMT on Jan. 9 for $27.50 per share.

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On that day, you or I would have to pay $57.76 a share.

Should also note that was less than the $47.20 we were offered as part of the merger.

So he made $7.7M (gross) just on that transaction.

I guess that's what we are here for as employees of a private company, to help build his wealth while fearing being laid off.

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Government regulations and predatory taxation by local authorities, all quietly financed by large corporations giving huge fees to politicians for 20 minute speeches, are the only things stopping this

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Why these mega-mergers? Fees, egos, and pricing power. In the end employees lose. Who is dumb here?

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Just as Marx had predicted, this crisis of global-debt-cartel-state capitalism was the result of internal contradictions built into all forms capitalism dominated by capital and the state that protects and serves capital. I guess very many folks partied too hard with the merger.

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