Simbha Posted February 24, 2010 Share Posted February 24, 2010 I know. Corporate 'scandals' happen all the time... but not that many with as much national press as these. ENRON Field, TOYOTA Center... I'd suggest shorting Reliant's stock now. Link to comment Share on other sites More sharing options...
AtticaFlinch Posted February 24, 2010 Share Posted February 24, 2010 I know. Corporate 'scandals' happen all the time... but not that many with as much national press as these. ENRON Field, TOYOTA Center... I'd suggest shorting Reliant's stock now. Well... I don't know how scandalous this Toyota thing really is. What you have is a Japanese car company that's acting no differently than an American company, and it hasn't acted any differently in at least two decades. They reason people are so shocked by this whole thing is simply because they've allowed themselves to be duped into believing the Japanese were more concerned with quality and reliability over profits when in reality they are no different than their American capitalist counterparts. Japan's economy didn't rise to the number two spot in the world by being full of corporations actively practicing responsibility and ethics. The truth hurts and it's made some people realize that in a pure capitalist system, there's no such thing as "the good guys". All that exists are amoral, unsentient machines driven to make money regardless of the human costs. Link to comment Share on other sites More sharing options...
Simbha Posted February 24, 2010 Author Share Posted February 24, 2010 Well... I don't know how scandalous this Toyota thing really is. What you have is a Japanese car company that's acting no differently than an American company, and it hasn't acted any differently in at least two decades. They reason people are so shocked by this whole thing is simply because they've allowed themselves to be duped into believing the Japanese were more concerned with quality and reliability over profits when in reality they are no different than their American capitalist counterparts. Japan's economy didn't rise to the number two spot in the world by being full of corporations actively practicing responsibility and ethics. The truth hurts and it's made some people realize that in a pure capitalist system, there's no such thing as "the good guys". All that exists are amoral, unsentient machines driven to make money regardless of the human costs.Wholly agree (thus the single quotes), and very well put. Regarding your comment about Americans being duped into their beliefs about Japanese corporations, I can only say that the grass is always greener (I suppose). Link to comment Share on other sites More sharing options...
LTAWACS Posted February 24, 2010 Share Posted February 24, 2010 There is nothing to worry about. Dont think too much about it. Link to comment Share on other sites More sharing options...
editor Posted February 25, 2010 Share Posted February 25, 2010 Well... I don't know how scandalous this Toyota thing really is.I think when the head of a company testifies before a congressional committee, it's pretty safe to call it a "scandal."That said, maybe AIG and Stanford can sponsor a couple of stadia around town. What could possibly go wrong? Link to comment Share on other sites More sharing options...
AtticaFlinch Posted February 25, 2010 Share Posted February 25, 2010 That said, maybe AIG and Stanford can sponsor a couple of stadia around town. What could possibly go wrong?Anybody know if any high school football stadiums, basketball arenas or waterpolo natatoriums are named after a corporate sponser? Betting on the name of a gaming venue to predict bad stocks may be a better retirement plan than my current plan of hitting the lottery. BTW, does the Shell Houston Open count against Royal Dutch's chances of eluding future scandals, or is it because they sponsor the event and not the specific golf course they'll be just dandy? Link to comment Share on other sites More sharing options...
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