PPRuNe Forums - View Single Post - MD - All Not Good in Mesa
View Single Post
Old 19th May 2009, 04:37
  #14 (permalink)  
ppheli
 
Join Date: Feb 2001
Location: South of the North Pole
Posts: 472
Likes: 0
Received 0 Likes on 0 Posts
LT is in the private equity business. Like all of the operators in that business, her modus operandi is to turn around a company in a 2-5 year timescale and sell it on at a profit. PE companies do not care if they make enemies along the way. To suggest LT is saving US jobs is a joke when we know she instigated the subcontracting of much work to Mexico - to reduce costs, increase profit, and ultimately boost company value ready for onward sale.
ppheli is offline