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Elegsabiff

The rock and the hard place - a modern microstory about business

The company I worked for, after beating off many attempts at hostile takeovers in the past, was shocked when several of our opposition, including our biggest rival, formed a Corporation uh oh

Then we were invited to join, too. It would cost, a LOT, but we could keep our own directors, our own policies, and would have the advantages of shared technology and advancements. No more hostile takeover bids, either! The staff would be free to advance their careers as recruitment would be centralized, as would a few other departments.

The offer was put to the shareholders, and a slim majority decided in favour. yay

Time passed. Some staff flourished exceedingly, some in minor ways, or were unaffected. Some grumbled, of course, especially the ones made redundant, and the ones who had always distrusted our rivals. dunno

The main problems were that our rival remained the most powerful company in the Corporation, forming alliances to outvote us on issues: a lot of company policy was decided, and dictated, by the Corporation: and our company had little or no say re how our hefty membership fee was spent, but hey, that’s business. Same old.

The Corporation went from strength to strength, investing in a series of companies which my company didn’t always like. Not only did we have to take the staff recruited centrally from those other companies, we didn’t always feel the companies added to the Corporation as a whole – was this good business, we worried, or empire building? We knew other companies in the group had the same issues and felt the same anxieties. There was – restlessness. The new companies needed corporate funding, money which many felt could have been better spent elsewhere. One of the bigger companies hit a financial crisis, and had to be bailed out, which made more of our directors and shareholders uneasy. A lot of money was spent propping up companies failing due to poor management. Staff were being taken on from all over whether or not they had skills to offer, and causing problems as they infiltrated the companies within the Corporation.

Whispers spread that departments central to individual company policy would soon be centralized. We had little say on the Corporation’s future plans, some of which were contrary to our own mission statement. Eventually enough of the shareholders were complaining that an extraordinary general meeting was called – stay in the Corporation, or leave? In the run-up to the EGM, a lot of what can only be called politicking went on, and this time, the slim majority was in favour of going.

The CEO promptly resigned, and was replaced by a director who had been pro the Corporation. The Corporation itself, financially unbalanced and relying on our company’s contribution, with other restless companies in the group, set itself to make the dissolving of the merger as difficult as possible. Staff and shareholders who had benefited from life under the corporate umbrella complained constantly, and were clearly going to make the future as difficult as possible, even though their own livelihoods would be affected by their negativity. They painted corporate life in glowing colours, and our future as bleak. Others, eagerly waiting the opportunities offered by the company being back under its own control, were frustrated by the new CEO’s half-hearted ineffectual plans to dissolve the merger.

A rock and a hard place. Another EGM, to choose between a future increasingly under the Corporation’s control,financial, and management, decisions, with nearly half the stakeholders shouting TOLD YOU SO every time a bad decision is made?

Or breaking free with nearly half the stakeholders determined to make the future as difficult as possible - and as in fact this isn’t a company, without the option to fire the moaners and replace them with pragmatists who will get on with the job?

This is Brexit.
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JimNastics

Quote of the day



Unlike the current 'so called' president, Elizabeth Warren is intelligent, highly educated, experienced, and very qualified for the position.

From Wikipedia;



You want someone to fight for the average American ?
Then, here's your gal;



head banger
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JimNastics

A couple of recent articles of interest



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jarred1

What's Worse: Working for Trump or Being Married to Him?

What's Worse: Working for Trump or Being Married to Him……………………….
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jarred1

Touch me in the morning, then just walk away...”

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............. Touch me in the morning, then just walk away...”
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jarred1

Has Message for Him

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..................... Has Message for Himdrinking
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jarred1

True Americans

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........................ True Americans drinking
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jarred1

So good to see the wall is finally being built

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.................. So good to see the wall is finally being built. And I bet Mexico will agree to pay for it. drinking
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Katie...BARR, the door.

Three top Senior Justice Department officials, two who are senior prosecutors on Robert Mueller’ Special Counsel, met with Bruce Ohrin the summer of 2016. This meeting happened well before the FBI sought a FISA warrant on a Trump campaign official. Ohr informed the trio of DOJ officials about his close contact with former British Spy Christopher Steele, whose dossier was part of the evidence used to investigate the Trump campaign.
Further, Ohr warned the dossier was not vetted. The FBI, however, used as the bulk of evidence from the dossier to obtain a secret warrant to spy on short-term Trump campaign volunteer Carter Page, according to a Congressional investigation. 
Ohr, who was then the Associate Deputy Attorney General, told members of Congress during his closed-door testimony in August 2018 that he had informed senior officials that he was delivering information from Steele and Glenn Simpson, the founder of embattled research firm Fusion GPS.

Ohr’s testimony also had a stunning revelation that Andrew Weissmann, who was then head of the DOJ’s Criminal Fraud section and now Deputy Special Counsel for Robert Mueller, was also briefed by Ohr on his meetings with Steele. Those briefings took place during the summer of 2016, shortly after Ohr had met with Steele. The testimony, which has not yet been made public, was authenticated by sources from congressional testimony to SaraACarter.com.
Under intense questioning from former South Carolina Rep. Trey Gowdy, Ohr named the officials he had spoken to that summer.
“I spoke with some people in the Criminal Division, other career officials who dealt with some of these matters,” Ohr told Gowdy.
“Any names?” asked Gowdy.
“Yes,” said Ohr.
“So, I was about to tell you,” Ohr said. “One of them was Bruce Swartz, who is the counselor for International Affairs in the Criminal Division; a person who was working with him at the time, working on similar matters in the Criminal Division was Zainab Ahmad; and a third person who was working on some—some of these matters I believe was Andrew Weissmann.”
Like, Weissmann, Ahmad, a Pakistani American lawyer, also has a senior role as a prosecutor on Mueller’s team investigating the Trump campaign and the Russia.
Gowdy also asked Ohr about how he first met with and delivered information regarding Steele to the FBI.
“How did you find out to meet with? Who did you call to find out,” Gowdy asked during the hearing.
“After the July 30thmeeting with Chris Steele, I wanted to provide the information he had given me to the FBI,” said Ohr.
“I reached out for Andrew McCabe, at that time, Deputy Director of the FBI and somebody who had previously led the organized crime, Russian organized crime squad in NY and who I had worked with in the past, and asked if he could meet with me,” said Ohr.
Ohr went onto say, “I went to his office to provide the information, and Lisa Page was there. So, I provided the information to them. And some point after that, I think, I was given Peter Strzok, or somehow put in contact with Peter Strzok.”
Gowdy followed up with “when was that?”
“I don’t recall the exact date,” said Ohr. “I’m guessing it would’ve been August since I met with Chris Steele at the end of July, and I’m pretty sure I would have reached out to Andrew McCabe soon afterwards.”
Ohr’s testimony is contrary to statements made by House Democrats last year. In an unclassified memo from Rep. Adam Schiff, D-CA, he notes that Ohr’s contact with the FBI began “weeks after the election and more than a month after the Court approved the initial FISA.”

Sources who spoke to this reporter say that argument has now been “turned on its head.” It is clear he spoke to FBI and DOJ officials before the FISA warrant or election had taken place.
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