Subject: Re: Weinstein Company sold
On Saturday, 3 March 2018 09:04:27 UTC-5, Obveeus wrote:
> 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.
Well, at least they haven't yet tanked a company that produced...how many Oscar-winning movies?