Corporate greed

[Lanolin]

Does anyone work in a small business? Or own their own business.
Or ever worked in a corporation?

Well anyway Im just wondering what your take on it is. Are the bosses or CEOs of the big corporates genuinely good and honest people just making a buck are do you think they are evil and taking more than their fair share?

many business usually starts-up small but there are some business have thousands if not millions invested just to get off the ground. Where does the capital come from?
What about smaller businesses being bought out by larger ones? Is this a good thing or a bad thing?

Should some be state owned or is it better for everything to be private and in the hands of a very few elites?

 

[Lanolin]

hmm nobody ok

just wondering. If you are not then you work for yourself or the govt. Or maybe everyone on CFS is paid staff on church?!

Lucky. Nobody is paying me to go to church....

 

[surfer14]

I've got this coworker that I've been having a debate with for the last few years regarding CEO's. We've both seen the massive trend in just about all companies of going super woke. What I'm talking about is stuff like this:

1. Netflix promotion of pedophilia with their "cuties."
2. Sports Illustrated shoving a tranny at their male audience in their swimsuit issue.
3. Social media platforms demonetizing anyone with a slightly right leaning tendency.
4. Prevalence of businesses pushing stuff like "tolerance" and putting their employee's through all kinds of "sensitivity training".
5. Efforts by businesses to hire non-whites. Especially to position of visibility and prestige. (We were almost forced to hire an incompetent non-white into our division. Upper management was REALLY leaning on us to hire him. If it wasn't for some heroics on our part, we would have been stuck with him.)

I could go on and on. But the point is that these C-types have been pushing this leftist garbage on us for some time now. This is just fact.

Now here's where the argument arises...
My buddy insists that C-types are completely profit driven. He thinks they do this because they think it'll make them more money, despite the obvious ways these policies are doing just the opposite.

I maintain that at a certain point leftism is a religion to these people. They are willing to sacrifice some profit on the alter of virtue signaling.

So to bring it around to answer your question, Yes! I think there are a whole lot of evil, satanic CEO types pushing social marxism down our throats. My buddy (who is atheist), on the other hand, thinks they're all just incompetently trying to make money.

 

[Lanolin]

are you white?
Dont white people like non white people?

 

[surfer14]

are you white?
Dont white people like non white people?

I was saying that there are a lot of evil CEO types out there. I figured you'd like that. No comment on that?

I am white (and unapologetic about it). I am sick and tired of constantly being told that everyone's problems are my fault because I'm white. I'm completely done with all that.

But in regards to the guy that upper management was trying to cram down our throats, he was dumb, incompetent and had bad instincts. Are you saying we should have hired him just because he's a "poor, oppressed minority"? If you think I'm going to hire a black just to show how unracist I am, then you've got another thing coming.

 

[UnoiAmarah]

are you white?
Dont white people like non white people?

A funny question coming from someone who lives in New Zealand. So is that how New Zealanders look at it-- white people versus non-white people?

The New Zealand Herald.com reports...
New Zealand's African minorities: Police target us, call us 'n*****s'

New Zealand's African minorities claim the police are targeting them unfairly and sometimes in a racist manner.

Young Africans claim that police have stopped them on the streets or in cars for no apparent reason except their colour, beaten them, called them "n*****s", told them to "go back to your country" and even told them to go back to Mt Roskill when they visited the North Shore. Source

 

[UnoiAmarah]

I could go on and on. But the point is that these C-types have been pushing this leftist garbage on us for some time now. This is just fact.

You do know where the concept of the corporation originated from right? Some people think that the 'corporation' originated in the late 20th Century when many family-owned and operated businesses in the US began incorporating and those families began to see, and without faith, the prince of the world can't be seen.

It is only when one learns of that which they didn't even know that they didn't know that can begin learning. Of course, when it begins consuming those things that the LORD hath bestowed upon them by birthright then they will become cognizant of the fact that it is already over when it is first perceived to have begun. And it is a shame when it happens and nothing is learned from it.

Kind of like the elections of 2016 and 2020. In the 2016 election, the 22nd Amendment prevented Hillary from being eligible, which would easily be understood if one knew that a man and their helpmate are one flesh. Likewise, in the 2020 election, the 20th Amendment prevented Trump from being eligible, while born in the USA is a good song, both parents being born in the US qualified Joe as natural born. So the claims of voter fraud are just simply untrue, votes don't count when you're not eligible.

This video might help explain the 'why me' claims of the candidates who had their hopes of being elected squashed.

 

[Lanolin]

A funny question coming from someone who lives in New Zealand. So is that how New Zealanders look at it-- white people versus non-white people?

The New Zealand Herald.com reports...
New Zealand's African minorities: Police target us, call us 'n*****s'

New Zealand's African minorities claim the police are targeting them unfairly and sometimes in a racist manner.

Young Africans claim that police have stopped them on the streets or in cars for no apparent reason except their colour, beaten them, called them "n*****s", told them to "go back to your country" and even told them to go back to Mt Roskill when they visited the North Shore. Source

yep
so much racism in the world, why?

 

[Lanolin]

You do know where the concept of the corporation originated from right? Some people think that the 'corporation' originated in the late 20th Century when many family-owned and operated businesses in the US began incorporating and those families began to see, and without faith, the prince of the world can't be seen.

It is only when one learns of that which they didn't even know that they didn't know that can begin learning. Of course, when it begins consuming those things that the LORD hath bestowed upon them by birthright then they will become cognizant of the fact that it is already over when it is first perceived to have begun. And it is a shame when it happens and nothing is learned from it.

Kind of like the elections of 2016 and 2020. In the 2016 election, the 22nd Amendment prevented Hillary from being eligible, which would easily be understood if one knew that a man and their helpmate are one flesh. Likewise, in the 2020 election, the 20th Amendment prevented Trump from being eligible, while born in the USA is a good song, both parents being born in the US qualified Joe as natural born. So the claims of voter fraud are just simply untrue, votes don't count when you're not eligible.

This video might help explain the 'why me' claims of the candidates who had their hopes of being elected squashed.

your post makes zero sense and is gibberish. sorry

 

[Lanolin]

ok so, corporate business people explain yourselves, why come across as so greedy?

 

[oldethennew]

hello folks, this is what the 'world' talks-acts-responds like'...
sad face going-on-here...

 

[DWR]

ok so, corporate business people explain yourselves, why come across as so greedy?

So tell us what is acceptable profit and compensation and at what point does it become greed.

 

[tourist]

Does anyone work in a small business? Or own their own business.
Or ever worked in a corporation?

Well anyway Im just wondering what your take on it is. Are the bosses or CEOs of the big corporates genuinely good and honest people just making a buck are do you think they are evil and taking more than their fair share?

many business usually starts-up small but there are some business have thousands if not millions invested just to get off the ground. Where does the capital come from?
What about smaller businesses being bought out by larger ones? Is this a good thing or a bad thing?

Should some be state owned or is it better for everything to be private and in the hands of a very few elites?

No businesses should be state owned. The capital comes from those who believe in the business and willing to invest in hopes that the venture is profitable. In my opinion CEO's in major corporations are grossly overpaid in comparison to those who do the actual work. I don't believe that they are evil however.

 

[tourist]

your post makes zero sense and is gibberish. sorry

Yeah, I couldn't make sense of it either.

 

[Scribe]

I have retired from an IT Consulting career where I worked for many of the largest companies in the world. My job duties required almost 50% of my time to be occupied in meetings with Directors of Business departments at the Corporate Headquarters.

This often included executives such as CIO, CFO, and occasionally CEOs during high level audits. All the many companies I worked for were lead by men and women of impeccable moral and ethical standards.

Also my job was to secure corporate data so that things like the CEO asking someone to change the data to reflect earnings that were not real, (i.e. Enron, or 3Com scandal) could not happen.

I was responsible along with a team to implement technical controls to keep them in compliance with a long list of audit compliance issues. They passed a law called Sarbanes Oxley Act in 2002 that require publicly traded companies (companies that sell stock on the stock market) to implement controls so that what happened with Enron and 3Com cannot occur without multiple people removing the controls and which would cause multiple people to be alerted.

This is a brief explanation of the complexity of the checks and balances in place in these large corporations that make the conspiracy theories and the movies laughable to those who work at the highest administrative corporate levels in real life.

There is no such thing as a CEO of Exxon, or a CEO of a global Pharmaceutical like Pfyzer and telling someone to fake data, change financial records, hide an adverse affect reported on a drug or things like that as seen in a movie about a villain CEO, or a as accused by conspiracy theorists. It is not reality.

During those 17 years of consulting I also worked for private corporations that were not publicly traded and yet they implemented all the same rules and technical controls as the publicly traded companies. Which of course is why they hired me. Almost all large companies are using SAP to control their business processes and they all comply with the SOX compliance laws even if they are a private company because the public companies want them to be in compliance in order to do business with them.
Now most all other countries like Japan, Australia, UK all have or are working on their own version of the SOX Laws.

Anyone who works at the headquarters of any large company has heard of SOX compliance.

I am not saying there are not any jerk CEOs, of course there are, there are probably some who try to do things that are illegal. But it is not possible to report false earnings in a SOX compliant company controlled by SAP security. In a Pharmaceutical controlled by GXP documentation practices and software it is not possible to hide adverse affects or falsify records.

 

[Lanolin]

No businesses should be state owned. The capital comes from those who believe in the business and willing to invest in hopes that the venture is profitable. In my opinion CEO's in major corporations are grossly overpaid in comparison to those who do the actual work. I don't believe that they are evil however.

I think some of the investors are gamblers though, are they putting their faith in dollars? cos why are there no investments in children or education or health, but plenty in when people die. Thats how retiremnet village ceos make their bigs bucks, by flipping the properties. If they are giving it back to the communities it is great but many of them are actually keeping the profits to themselves. like anais and saphirra.

 

[Lanolin]

I have retired from an IT Consulting career where I worked for many of the largest companies in the world. My job duties required almost 50% of my time to be occupied in meetings with Directors of Business departments at the Corporate Headquarters.

This often included executives such as CIO, CFO, and occasionally CEOs during high level audits. All the many companies I worked for were lead by men and women of impeccable moral and ethical standards.

Also my job was to secure corporate data so that things like the CEO asking someone to change the data to reflect earnings that were not real, (i.e. Enron, or 3Com scandal) could not happen.

I was responsible along with a team to implement technical controls to keep them in compliance with a long list of audit compliance issues. They passed a law called Sarbanes Oxley Act in 2002 that require publicly traded companies (companies that sell stock on the stock market) to implement controls so that what happened with Enron and 3Com cannot occur without multiple people removing the controls and which would cause multiple people to be alerted.

This is a brief explanation of the complexity of the checks and balances in place in these large corporations that make the conspiracy theories and the movies laughable to those who work at the highest administrative corporate levels in real life.

There is no such thing as a CEO of Exxon, or a CEO of a global Pharmaceutical like Pfyzer and telling someone to fake data, change financial records, hide an adverse affect reported on a drug or things like that as seen in a movie about a villain CEO, or a as accused by conspiracy theorists. It is not reality.

During those 17 years of consulting I also worked for private corporations that were not publicly traded and yet they implemented all the same rules and technical controls as the publicly traded companies. Which of course is why they hired me. Almost all large companies are using SAP to control their business processes and they all comply with the SOX compliance laws even if they are a private company because the public companies want them to be in compliance in order to do business with them.
Now most all other countries like Japan, Australia, UK all have or are working on their own version of the SOX Laws.

Anyone who works at the headquarters of any large company has heard of SOX compliance.

I am not saying there are not any jerk CEOs, of course there are, there are probably some who try to do things that are illegal. But it is not possible to report false earnings in a SOX compliant company controlled by SAP security. In a Pharmaceutical controlled by GXP documentation practices and software it is not possible to hide adverse affects or falsify records.

interesting, I am not sure in nz if we have the same laws, I do recall embezzling going on not just in private companies but even in local govt and Im not sure we have the same checks and balances, though they all got found out eventually.
Even schools, which seems to be run like businesses here, had people on the boards and in high positions, with their hands in.
Churches have property managers and I do kind of suspect some of them are landbanking, or selling of land to the highest bidder, in nz theres no such thing as capital gains tax, so anyone can make a buck out of flipping it, and also since the RMA (resource management act) was overturned, this has resulted in disastourous over crowding and development in the main cities that just dont have infrastructure to cope.

 

[Lanolin]

an article about sox laws in stuff.co.nz

https://www.stuff.co.nz/business/world/7376461/A-decade-on-is-Sarbanes-Oxley-working

I think those companies that dont have the checks and balances (and not all would as they have to pay someone to do it) will try and get away with cooking the books for as long as they can until they get found out.

some of the people that steal the most are accountants themselves! Because they are seemingly trusted around money (like Judas being Jesus treasurer)

 

[surfer14]

I have retired from an IT Consulting career where I worked for many of the largest companies in the world. My job duties required almost 50% of my time to be occupied in meetings with Directors of Business departments at the Corporate Headquarters.

This often included executives such as CIO, CFO, and occasionally CEOs during high level audits. All the many companies I worked for were lead by men and women of impeccable moral and ethical standards.

Ya right. I'm sure they were. All of them impeccably ethical! Gotcha.

...Anyone who works at the headquarters of any large company has heard of SOX compliance.

I am not saying there are not any jerk CEOs, of course there are, there are probably some who try to do things that are illegal. But it is not possible to report false earnings in a SOX compliant company controlled by SAP security. In a Pharmaceutical controlled by GXP documentation practices and software it is not possible to hide adverse affects or falsify records.

Not possible to report false earnings, huh? Numbers are faked, lies are told, and money is shuffled from account to account to obscure things all the time. Why does the IRS hire so many people? It's to try to catch people and businesses reporting false numbers! I'm sure they catch some of it, but not all.

I worked at a company that didn't want to spend money on security compliance measures. Upper management used to lean on the poor security guy to pressure him into signing off on various compliance measures. The big joke was that the security guy's job was just to sign compliance papers and if he couldn't manage to do his job, they'd bring in someone who would. Whether we were actually compliant was irrelevant. Signing off on compliance was everything.

I remember getting pressured to make a quick firewall change so we could get a clean scan. It's easy to get around your regulations. All those regulations are just there to maintain the appearance security, ethics, or whatever because they need people to continue to to believe in a fraudulent system.

 

[Scribe]

Ya right. I'm sure they were. All of them impeccably ethical! Gotcha.



Not possible to report false earnings, huh? Numbers are faked, lies are told, and money is shuffled from account to account to obscure things all the time. Why does the IRS hire so many people? It's to try to catch people and businesses reporting false numbers! I'm sure they catch some of it, but not all.

I worked at a company that didn't want to spend money on security compliance measures. Upper management used to lean on the poor security guy to pressure him into signing off on various compliance measures. The big joke was that the security guy's job was just to sign compliance papers and if he couldn't manage to do his job, they'd bring in someone who would. Whether we were actually compliant was irrelevant. Signing off on compliance was everything.

I remember getting pressured to make a quick firewall change so we could get a clean scan. It's easy to get around your regulations. All those regulations are just there to maintain the appearance security, ethics, or whatever because they need people to continue to to believe in a fraudulent system.

If they are a private company they are not under SOX compliance laws.

If they are publicly traded company and you or anyone else were asked to violate them you should have reported it.

If you have the correct SOX compliance configuration the controls are segregated among different employees, there is no one employee that can make the change necessary, therefore requiring multiple people to break the law and the hopes are that someone will report the violation.

In a correctly configured security model it is POSSIBLE to violate the rules but it is IMPOSSIBLE for one person to do it.

A larger company like a global Pharmaceutical has multiple layers of controls and would require many people to violate the rules. Therefore the likelihood has been reduced to "not probable" and makes the conspiracy theory movies a joke. But people who don't have experience with the reality of working at the Governance and Risk Compliance department of a global pharmaceutical believe the movies as reality.

That is my point and the answer to one of the questions of the OP. Since I have worked for numerous global companies and seen on a daily basis how careful the CEO, CIO, and CFO are about ethics, fraud, and compliance I can report that the "evil greedy CEO" of the movies is the exception and NOT the norm. Of course you can find an exception eventually. That should not make one paint all large corporations as inherently evil.

I am sure ones experience to the contrary would make them have a different opinion than mine. Unfortunately many people base their opinion not on experience but on movies and novels.