B744F From Germany, joined Jan 2006, 0 posts, RR: 0
Reply 3, posted (9 years 11 months 3 weeks 5 days 17 hours ago) and read 4293 times:
Saying you've never made a profit is very deceiving. Just because a company doesn't turn a profit doesn't really mean anything. Most of the time, companies reinvest what profit they could have towards future projects, such as marketing campaigns, painting of aircraft, etc. Things that are not necessary.
My biggest complaint with the whole "show a profit" thing is these executives are paying themselves and the board members outrageous salaries for a usually lously job. Then they turn around, claim they don't make a profit, cash out their stock options and get their golden parachutes and leave multi-millionaires while the people who suffer are the general workers who are basically told to get a 401k invested heavily in the companies stock. What people don't understand is diversifying your stock options is the only way to not take a hit, but that's a whole different story.
Basically the bottom line is, of course a company won't show a profit, when you have outrageous stealing of the workers' money by executives.