Nobody is going to jail, but who actually expected real consequences?
https://www.bbc.com/news/business-55582496
Nobody is going to jail, but who actually expected real consequences?
https://www.bbc.com/news/business-55582496
I come from this region in spain and my neighbours back at home work for the infamous "Group Mondragon" and all its huge number of subsidiaries.
These coops also are prone to coming incurable toxic environments as people become apathetic. Within "Grupo Mondragon" one of the biggest companies Fagor (home appliances) had a spectacular bankruptcy due to people's apathy... People not working, not giving a shit, leaving early, copying other peoples indifference spread through the company.
Fagor was worth 2 or 3billon was firesold for peanuts way below any kind of book/asset or revenue valuation... and loots like they went bust again... twice in 3 years.
https://elpais.com/economia/2017/10/...61_185570.html
I watched a documentary about Boeing and quite honestly it sounded the same as Fagor.... I am not saying that Fagor is the end of Co-ops but they aren't the cure for all problems.
Oh boy here we go again...
https://boeing.mediaroom.com/news-re...ts?item=130847
https://www.reuters.com/article/us-b...-idUSKBN2BW1EE