From: RichA <rander3128@gmail.com>
Subject: Re: Weinstein Company sold
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Date: Thu, 8 Mar 2018 17:19:17 -0800 (PST)
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Subject: Re: Weinstein Company sold
From: RichA <rander3128@gmail.com>
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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?