Rilichu
@Rilichu@lemmy.world
- Comment on Hollywood strikes to cost US economy $5 billion-plus amid lost wages, film delays 1 year ago:
I was thinking he was more of a Jack Welch more than a typical grifter really
- Comment on Hollywood strikes to cost US economy $5 billion-plus amid lost wages, film delays 1 year ago:
He’s seems like one of those shady ass business types that will run a company into the ground while trying to maximize his personal earnings before he skips town on a solid gold private jet.
Looking at the numbers given on Wikipedia is ludicrous.
“Milken’s compensation while head of the high-yield bond department at Drexel Burnham Lambert in the late 1980s exceeded $1 billion over a four-year period, a record for U.S. income at that time.”
That’s already nuts but then you look at the company’s financials and its even more insane.
Revenue: US$4.8 billion (1968) Net Income: US$545.5 million (1968)
The guy was syphoning off a whole fifth of the company’s entire revenue for the last years of its existence before it went bankrupt.
- Comment on Hollywood strikes to cost US economy $5 billion-plus amid lost wages, film delays 1 year ago:
“[Kevin Klowden, chief global strategist at the Milken Institute] explained that the work stoppage will impact other businesses besides production, including restaurants, catering companies, trucking agencies, and dry cleaning businesses, among many others. ‘The main thing we’re really factoring into it is the lost wages,’ Klowden told Yahoo Finance Live”
Got to sow the discontent for the strikers among other workers. Also checked up about this Milken Institute and of course it’s some scumbag think tank. The opening paragraph on their Wikipedia page is great and totally makes them seem like a reputable and unbiased source.
“The institute was founded in 1991 by Michael Milken, a former Drexel Burnham Lambert banker who gained notoriety for significant financial success as a pioneer of “junk bonds” as well as his subsequent felony conviction and prison sentence for U.S. securities law violations.”
- Comment on Why British cities make no sense 1 year ago:
Tldr is that the official term “city” in the UK is pretty much entirely ceremonial.
All it means is that the ruling monarch liked your town enough that they would give it city status by royal decree.
- Comment on I love d 1 year ago:
It’s pretty well known that government databases getting abused for personal motives is actually pretty common.
AP did a report on this and while public records of this are limited, they still found about 300 cases of database abuse from 2013 through 2015.
- Comment on He was ahead of his time 1 year ago:
“Those insidious trans trying to trick people into sleeping with them! They just don’t have any respect for people’s body autonomy.
Now anyways, time for me to drug random women without their consent.”
- Comment on BMW 1 year ago:
Thousands might be being murdered a day in death camps but at least the shareholders are happy.
- Comment on Capitalism indoctrination in progress. 1 year ago:
They sound like someone who’s completely disconnected from the financial realities of 95% of workers lmao