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Ben Stein on management buyouts
Ben Stein on management buyouts - Trends
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President Obama has spent some time on the job traveling around the world. But it’s a different sort of business travel that’s on Ben Stein’s mind. Ben Stein talks about how all industries are effected by the canceling of business meetings: airline, hotels, restaurants. For more information on booking Ben Stein to speak at your corporate event, contact Eagles Talent Speakers Bureau at 1-800-345-5607 or online at www.EaglesTalent.com . Ben Stein (Benjamin J. Stein) was born November 25, 1944 in Washington, D.C., (He is the son of the economist and writer Herbert Stein) grew up in Silver Spring, Maryland, ...
Ben Stein is a multi-untalented writer-comedian-actor-financial pundit. This week he's filling in for Gretchen Morgenson, and almost makes me long for another Morgenscreed, no mean trick. Here's what Stein says about management buyouts: To my mind, these deals should be illegal on their face. That is, they should simply not be allowed at all as a matter of law. Here’s why: The managers do these deals only to make money. It’s business, after all. They do them to make money off the assets of the stockholders. They could, if they wished, sell off the assets or otherwise manage ... Read More