public company -- responsibility to stockholders. You know the boilerplate as well as I do.
On Tue, Jul 19, 2011 at 9:31 PM, Robert Munn <cfmuns...@gmail.com> wrote: > > Not globalize Las Vegas, abandon Las Vegas and take his investment capital > to Macau where he can indeed exploit all that Chinese slave labor without > fear of retribution from the Chinese government (as long as the money > flows, > of course). I don't care about his character in this analysis; I'm trying > to > dissect his thinking as an investor and employer. He's a gambler. Gruss is > right, Wynn is trying to figure out how much of his capital he can move > offshore without bringing down the wrath of his customers, and I would > think > the unions as well. > > Public outcry is the only thing that is going to change people's behavior. > Does anyone else find it chilling that Apple's profits just doubled in the > period that people were jumping off the roofs of the buildings where their > products are made? They made $7.9 billion in profits on $10.2 billion in > gross revenues last quarter. That is not a typo, they are more or less > printing money. Would it kill them to make sure that everyone who works for > them or in their supply chain is well compensated and has the opportunity > to > live a decent life? And yet our society has become so corrupted that people > actually cheer Apple on. Are we really that blind to the pain and suffering > of the rest of the world? > > > > > On Tue, Jul 19, 2011 at 8:58 PM, Maureen <mamamaur...@gmail.com> wrote: > > > > > Kinda hard to globalize Las Vegas. You can't exactly use sweat shop > > labor in high dollar casinos, and other countries aren't going to let > > Americans open casinos in their country anyhow. > > > > As far Wynn, he is nothing more than a greedy crook and to me his > > opinions mean less than whale spit. > > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:340826 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
