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Investment Analysis Clubs / Macro Economic Trends and Risks


Subject:  Re: Boeing and self-certification Date:  3/15/2019  11:07 AM
Author:  steve203 Number:  555022 of 585188

The problem with companies is that they are run by armies of managers, all of which have quarterly targets.
And those quarterly targets get ratcheted up little by little over time.
And a good way of reaching them is cutting corners. Just a little.
And then a little more.

Hence, we get the VW emissions cheat and Wells Fargo bank signing customers up for accounts they didn't need, didn't want, and never authorized.

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