Subject: Re: Weinstein Company sold
On 3/2/2018 7:50 PM, RichA wrote:
> On Friday, 2 March 2018 08:48:05 UTC-5, Obveeus wrote:
>> The Weinstein company has a sale agreement in place for the company.
>> The new ownership, led by Maria Contreras-Sweet (head of the Small
>> Business Administration under Obama) will set aside $90Million for
>> Weinstein's victims, keep the 150 or so employees employed, and promises
>> to create a new executive board that is mostly female.
> No thought given to qualifications of course.
The new ownership is probably capable of hiring qualified people. The
billionaire investor got that way by being correct more often than not
on his choice of 'distressed companies' to buy and how to turn them
around. If nothing else, it seem likely that these new owners will be
intelligent enough not to hire their children, personal security,
personal pilots, etc... as leaders.